Trustees’ Annual Report for the period
From Period start date 01/01/23 To Period end date 31/12/23
Charity name: Tawe Valley Church
Charity registration number: 1192931
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | • The advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within the Tawe Valley and the surrounding neighbourhood; • And such other charitable purposes as shall, in the opinion of the charity trustees, put into practice the Christian faith in accordance with the Basis of Faith, including but not limited to: the prevention and relief of need, hardship and sickness; the advancement of education; and the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life; |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
• Weekly public worship services held at Mynyddbach Chapel including a Sunday School for children • Weekly prayer meetings currently online, but also monthly at Mercure hotel • Numerous Youtube videos created and freely available to all • Ladies meetings, bible studies, craft evenings, carol services and house groups when Covid restrictions allow • Financial and practical support for Swansea Christian Bookshop |
| • Financial support of missionary work in India, Nepal, Germany and Ukraine • Pastoral visiting and counselling |
||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees confirm that they have complied with the duty in the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit. The Church provides public benefit principally in the provision of a Place of Worship, worship services, and in this pandemic year by streaming these services on the public platform of YouTube so that the widest range of people possible could benefit from all that God says and all the help he brings. The Church seeks to fulfil its charitable objectives in the advancement of Christianity and in supporting those in need. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | This is our fourth year as a newly formed church with CIO status. We continue to make good use of a rented church building at the Calon Lan centre (also known as Mynyddbach Chapel), holding regular Sunday morning services open to all and a Sunday School and free refreshments afterwards as well as a Christmas carol service and a fund raising craft evening. We have also rented a room at the Mercure hotel for monthly prayer meetings. We have been able to continue to employ a full time Pastor and are slowly building our reserves to enable us to acquire our own premises in the future. We currently have 29 members and average attendance at our Sunday service is 30-35 people. All our services are recorded and streamed online to any that may want to watch, and our Pastor also records and produces regular series of short Youtube videos, again freely available. We have been able to provide financial support to missionaries in India and Ukraine as well as supporting the Swansea Christian bookshop and Teach Beyond, and send aid to those in need of emergency assistance via the Barnabus Fund and the Slavic Gospel Assosiation |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Income for 2023 was £59,073 and expenditure £50,358 leaving a cash balance of £40,334 with no fixed assets |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Our goal as a new church is to have our own premises in the Tawe Valley near our homes where we can best provide a community service and we will steadily build our resources until we are in a position to do so whilst continuing the work we have started. |
| Amount of reserves held | Para 1.22 | £46,349 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
| Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23 |
Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23 |
|
|---|---|---|
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Members regular contributions and gift aid on them |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Church constitution and handbook |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are elected by the church members Nominees must be approved by a 75% majority of the Church meeting. The Managing Trustees have full and final responsibility for the general control and management of the administration of the church. |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Tawe Valley Church |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1192931 |
| Charity’s principal address | 7 Ramsden Rd Clydach Swansea SA6 5DZ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Stuart Dainty | Pastor | 01/01/2021 | Tawe ValleyChurch member | |
| Peter Harris | Chairman | 01/01/2021 | “ | |
| Mark Cole | Secretary | 01/01/2021 | “ | |
| David Bamber | Treasurer | 01/01/2021 | “ | |
| Steve Prosser | 01/01/2021 | “ | ||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Edward Aneurin Peter Harris | ||
Chairman |
||
| 17-09-2024 | ||
| 17-09-2024 |
Tawe Valley Church Income and Expenditure Report Year ending 31 December 2023
| Income | £ | £ | ||
|---|---|---|---|---|
| Offerings - bank | 41997.8 | |||
| Offerings - cash | ||||
| Offerings - special | 7474.25 | |||
| Bank interest | 348.24 | |||
| Gift Aid | 8996.17 | |||
| Other | 257.2 | |||
| Total income | 59073.66 | |||
| Expenditure | ||||
| Pastor | 24112.4 | |||
| Pension | 1188.6 | |||
| Pastor's expenses | 766.27 | |||
| Other preachers | 710 | |||
| Legal fees | 0 | |||
| Room hire | 5890 | |||
| Website/other IT | 329.94 | |||
| Insurance | 404.12 | |||
| Missions/missionary s | 15882 | |||
| Children's work | 110.29 | |||
| Outreach events | 549.25 | |||
| Other | 415.9 | |||
| Total expenditure | 50358.77 | |||
| Income less expenditure | 8714.89 |
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to tho trustees TA VALLEY On accounts for the year ended 31 bEccMeE 2023 Charity no (if any) Sot out on pages I report to the trustees on my examination of Ihe accounts of Ihe above charity {Ihe Trusl'l for the year ended Responsibilities and basis of report As the charivs trustees. you a responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5llb) of the Act. Independent he charity's gross inccffle exceeded 50.000 and l am qualified to examiner's statement undertake the examination by being a qualtfied member of linsert name of applicable listed bodyll. Delete I l rfnot applicable. I have completed rny examination. I confim that no material matters have come to my attention in connection wilh the examination (other than thal disclosed below ") which gNes me cause to believe that in, any material respect: the accounting records were not kept in accordance wth section 130 of the Chartlies Acl., or the accounts did not accord with the accounting Cords., or the accounts did not comply with the applicable requirements conceming the fom and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter c£snsidered as part of an independent examination. I have no concems and have come across no other matters in connection with the examir)ation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. . Please delete the words in the brackets rf they do not apply. Signed: Date". "7 2Lfr Name". PfvTRICIA A fvJ.XJE LA yTcf Relevant professional quallficatlon{$} or body IER Oct 2018
lif any): Address". AÉS, W&r2Nc £¥IAhjSEA Section B Disclosure Only complete rf the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity acunts. directions and guidance for examiners). Give here brief details of any items that the examiner wishes lo disclose. IER Oct 2018