2024-12-31-accounts

Trustees’ Annual Report for the period

From Period start date 01/01/24 To Period end date 31/12/24

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  Local care home visitation
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. We also undertake monthly visits to a local care home, sharing the gospel and singing hymns.
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 2024 was £64,952 and expenditure £47,928 leaving a cash balance of £58,276 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	£58,276
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

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	51 Cwmgelli Close Treboeth Swansea SA5 9BZ

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(til 01/11)	01/01/2021-01/11/24	“
	David Bamber	Treasurer	01/01/2021	“
	Steve Prosser	Secretaryfrom 01/11	01/01/2021	“
	Callum Dainty		01/11/24	“
	Ieuan Wright		01/11/24	“

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) Edward Aneurin Peter Harris

Position (eg Secretary, Chairman Chair, etc)

Date

24-02-25

Tawe Valley Church Income and Expenditure Report Year ending 31 December 2024

Income	£		£
Offerings - bank		48741.76
Offerings - cash		20.5
Offerings - special		3148
Bank interest		1288.37
Gift Aid		11652.8
Other		101
Total income				64952.43
Expenditure
Pastor		26172.22
Pension		1437.52
Pastor's expenses		1777.47
Other preachers		430
Legal fees		0
Room hire		6490
Website/other IT		330.24
Insurance		422.01
Missions/missionary s		6400
Children's work		130.64
Outreach events		1171.54
Other		3167.18
Total expenditure				47928.82
Income less expenditure				17023.61

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to Ihe trustees Cliarity Narnp VALLE¥ cMuRc On accounts for the year ended Charity no (tf any) 11gZ93J Set out on pages {rthr lo IncIt￿ tha pay8 n¥mhers ofadditDnal.8ho0ts1 I report to the trustees on my examination of Ihe accounts of the al￿8 charity (Ihe Trusf) for the year ended DD I MM I Y'ny. Responsibilities and basis of report As the charity's truste85, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {Ihe Acr). I reF(Kt in respect of my examinatton of the Tnjst's accounts carried out u￿ler section 145 of the 2011 Act and in carying OLrt my examirkqtion, I have followed all lh6 applrcable Direct￿￿$ given by the Charity Commission uNler secfkn 145(51(b) of the Act. Independent trhe charity's gross incorne exceeded £2S),IXKI arNJ l am quallfi8d lo examlneVs staternent undertake the examination by beir4J a quaIrf￿d member of [insert name of applicat4e listed bodyll. Delete l ] rfnot applicablo. I have cornpleted my examination. I confimi that no material matter5 have come to my attention in connectson with the examination (othor Ihan that disclosed bek￿ ") which gtves me cause to ￿[leve that in. any material respect.. the accounting recc*ds Y￿e not kept in aocordanc& wlth section 130 of the Charities Act., or the accounts did not accord with the accounting records" or the accounts dKI not comply wilh applicable requirements conceming the fomi atKI content of accounts set out in Ihe Charities (Accounts and Reports) Regulations 2008 other than any requirement that the acccmjnts grve a Irue and fairf VTrBW which is not a matter considered as part of an independent examination. I have rK) concems and have come across rK) other matters in connection th the examination to which attention should be drawn in this report in order to enable a proFH understandirvJ of the acC￿ntS to reached. . Please delete Ihe words in the brackgts rfthey do t70t appty. Signed: Data: 21. 2. ZS Narne: PftTRIcJ A ANtsJE LA VTO Relevant professional qualifi¢atlon(s} or body (if any): SeCH ) ￿fi￿AGER￿AL A ADMIN¥1 sfAA TIKIÉ I L4DIES IER Oct 2018

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