Charlty Registratlon Number 1198671 COLEG YBEDYDDWYR CAERDYDD ICARDIFF BAPTIST COLLEGE ANNUAL REPORT AND RECEIPTSAND PAYMENTS ACCOUNTS PERIOD 01109/2023- 31108124
Report of Trustees for the Colegy Bedyddwyr Caerdydd I Cardlff Baptist College CIO 2023-24 These accounts and report relate to Colegy Bedyddwyr Caerdydd / Cardiff Baptist College, Charitable Incorporated Organisation {CIO) in 2023-24. The CIO hasto reportto the Charity Commission each year. During 2023-24 the CIO had no income orexpenditure. but aTrustee Board forthe CIO m8t regulartyto plan the College's transilion from its status as an unincorporated charityto CIO. make any necessary decisions and review progress. The record of activityforthe CoLlege and full accounts for the years 2023-24 have been included in the annual reportforthe unincorporated charity (No. 5657771, posted on the Charity Commission website underthe record forthe unincorporated charity. In October 2019 the Trustees of Cardiff BaptistColLege (then called South Wales Baptist College) made the decision to convert its status from unincorporated charityto Charit8ble Incorporated Organisation. There were a number of drivers torthe decision, but most pressingly, a review of the College's property strategyestablished thatwhile the College owned three on-site buildings, the title was only registered forthe most recently purchased. As an unincorporated charitythe Co118ge could not register the land in its own name. CIO status would enable this to happen. Forsimplicity itwas planned to make the change atthe startof an academic (and financiall year. The 2022 registration led to a programme of wotkto transfer the assets and staff oflhe unincorporaled charityto the CIO. The transfer of staff required the provision of an equivalent pension arrangement, the consultation on this and the transfer more generallywas delayed bywider planned changes to the Baptist Pension Scheme. the providerfor thevast majority of staff. The separate National consultation on these changes took place during 2023-2024. and the new pension arrangements came into effect in 2024. The new arrangements made it simplerforTrustees to provide an equivalent pension arrangement for staff, and so the fineltransfer of assets and staff to the CIO was planned for September 1st 2024. Trustees Rev MarkThomas (Resigned 31 December 2024) Caren Fullerton Rev Dr Edward Kaneen Rev Dr Rosa Hunt (Resigned 31 December20241 Cedric Longville Rev Denzil John Rev Emma Franks RevTimothy Moody Rev Sarah Butt (Appointed Ac ing Chairperson 1 January 2025) Signed: Date: On behalf ofthe Board of Trustees
CHARITY COMMISSION FOR ENGLAMD AND WALES Receipts and payments accounts CC16a For th8 Period from To 0110912023 3110812024 Section A Receipts and payments Unrestricted funds Restrfcted funds Endowment funds Total funds Last y?ar tE+the nearest to the nearest t to thè n•8ro8t £ to thp nBarest £ to the near051 £ A1 Re¢eipts None ross Income AR) se an (see tablel. on8 InV8S men 5a es. A3Pa &nts None Sub total A4 As58t and inStment Non8 Sub total rotal payments Not of re¢elpts/(payments) A5 Transfers between funds A6 Cash funds last year and Cash funds thls year end CCXX R18(xounl8 ISSI 2510612025
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to néarost £ Restricted funds to n6ar8$t£ Endowment fund5 to neare81 £ Categories Detalls B1 Cash funds Nontr Total Cash fvnds lagrÈe bèknnceawith tecBiPt5 and paymgnls acntI$ll Unreslri¢ted funds to nearest E Restricted funds lo n88ro8t£ Endowment funds to n•4r8$t£ OelaTrls Nonè Fund to whSch Curroni v•luo tlonal Detall Cosi Iopiionall Nonè Fund to whlch aSSÈl b•lon 8 Details None cr* loptlon811 Currènt valu• B4 Assots rgtained for the charItS own use Fund to whl¢h relates Amount duo tlonal When due lon Details None 85 Liabilities Soned by one or twstses on behalf of all th& trustee3 Date of roval Signatur8 Print Narne EEtsf 25 CCXX R2 accounts ISSI 2510612025