ercy rustees, Annual Re Financial Ststemerrts for Ihe Same period are apkErKJed. The trustees have adoptcd tho provtsions of the Statcment of Recommended Pra(al (SORP) "Accounting and Repong for CharTties- Issucd in March 2005. Reference Details Mercy Cardiff 1207511 33. Ty Draw Rthid. carff. CF23 5HB t>ai Hankey (Chair) &)phie Rees Hung Tram (re• 244 January 2025) Nick Davis Isecretsry & Tre8sufEr) Bank: Nai West. 96 Qun S( Carrfrff. Irvjependcnt Eyaffliner. Paul Bumell, C mnt ServK Register Numtw. Address: Trustees: Structure, Governance and Mana ement Organisation, registered on 1911 Marth 2024 with a o)nslitution as the Should need arlse. ne•V trwtees wll be apFX)inied for a ierrn of years by the existing tnLes taking full acc4)unt of the sfKJividual's relevant sktlls, knovAedge arKJ cXp(Xien. Any new be 8pwopri train8J in The charity is minIStered by Ihe trust¢es and dkl not enwioy arry ff during 2024. It is not considered that the dritY 15 eXpMl to Mai risks, Ixrt this ts continually reviewed and shwld any xJ(* tr.# identifiay. mitigati.ng prcedU v•ll be deSed and implernent&Y.
ercy Ob'ectives and Activities Advancing the cfwtstian failh lor the lfft of public in inw<ity Girdift. parti(rty the communty of AdHrnsd in &KXX)rdan wtth the Statornont of raiih by woviding fao"lities to trdfE for the Ixjy. supwt lIncrable adults aTKI your¥J people, providc vocatr(yial tTainiThJ opwtuTrls. prrynote community hesion. dll within thg. Christian ettK Th¥ main activities of Mercy Cardiff stnce foTmatM)n have bn the establishment of Mercy Churth arKI aowiring ptemises l(K thurch meetings and communty acttvibes. chievements and Performance Setling up tha charity Mwcy Cardiff was registered as a CIO in 2024 th 4 rl$rj trustees. Leasing builthng Wc stgnc<l a lOnterni IrAse on a form8r bank on Clifton Street in July 2024. a facllity that is now known as Mercy Clifton. Refurbishing ready for church use Wc spent mLth ot the rest of year converting the old bank inio a functional communrty spa( - e building. removing thp. r1 hank trarfinfj oska, clè&ring Out old rubbish. fitting new LED lights. testing the Ip.ctrics and fire alams and a CsIderable affKxmt Oi paintir¥J. A new kit¢hen and knlets Tere also instsljed downstsrs. New signage was attathed io the propety. a Mal and frc6tinq we installed on the wSr¥ttow5. 75 chairs re acquired due to knn(f d(xtsti(ins of two lo(xl churche5,
ercy Raising funds We were grdleful to e1ve nun (k)nations frrxn indidu thur and charities. This was largely uwj to fund Ihe renovations and to purcltase audlo VUal cquipmefit lor tho venue. Mercy Church During mo%t of the year Mercy Chu. a churth plant from Redeemer Churth in Splott, und1 Ihe pastor5hip of Dai Hank•y. rnd as a churth fft Sapphire StreeL Adams(knvn. Flnancial Review churches, orJr anisatKYts and iTKIivKfual5. Thorp. h8s been a substantial surplus of Inco over exp¢ndsture in rrent ycar even taking ax[ ot subsLgniial buikling expense. Tlug wilt be rrid forward to fund fijrtrw buddTwJ development necessities and {Un"ty Plans for Future Periods Church Tho first public Merw Churth SCrvi look p on Sunday 8th Deettrnber2024 and the plan is to host wcekty Surxlay servic&% irrfo the new year and beyond. Mercy Churth is atso pknng various other inibatNes SJth as a stmple Bible study for those Interest in Christian faFEh. Chartlable athfties Merty Carclff also to use the facilty Street lo run various dpritable actsvities for thc b0rrt of the wider corr¥rty. Ttre coukl indL community fiJrtsd2ys, coffee dropin, space in the ctld rrh)nths. wi i¥L'i¥iuiI uf uuiaoor car park Into a CnMUnrtY soa. grovi.8K)n fnr yrmith work and mu&cal training. Therè is AL the OP[nIty to rent tha shop next to the building to provide rK6 Sp for u)rrKnunty aalvi1. Reserves Polic The tnjstees would consider tt pruclent to retain three nK)nlh's 4ittating (x)sts as a rcseThe which would equate to apwoximaw £7.500.
ercy Declaration Slatement of the Trustee's Responslbditles The trUSS are resporfybie for prepari Ihe Rep(xt of trbe Trustces and the financi stAtemRnts in acrIdan apt4iLle law arKI Uniied ngdoffl The law apFAicable to tharities in land Wales, the Chariiies 2011, Charity (Aoxunts and Rep8) RegulatKKts 2008 imd the prrJyision5 of thc financ.ial year which give 8 ts12e and fair view of the siste of sffaiTS of thc charity and of the incoming resources ar application of reSree$. induding inco and expW[tUre. of the tharty ft)r Ihat periocl. In preparing those financial statements. the trustee% a required to: Select suitable acc(Kmting por[e$ and then apply them consthinty, otx%erve the meth(xJs and prinaples ofthe Charity SORP. M2ke iudgemenLs an(1 estirnates that are r&2sonable arKI Pfudent: Prepare the finanrial stements on the g)ing )ncern basis unless it is knjstees are F'ble ftr kew"rvJ prDW aXX)unbng rwds which ¢Jisdose with reasonablc aca at any b.me finarx>al p)siiion of the arity and to enable them to ensu that thc finaal statements with the Charitses 2011. the G*arity {A¢counts arKI Reports) Regulabons 21X and tho provisions of tx)nstilution. They arc also rosponsible for safe9uarding Ihe a55ets ol the charity and her for takiw reasonable stops for the prevenbon and detokn of frajd arKJ its IrylareS. Signed on belNBlf of the trtees. Dai Hankey
ercy Inde endent Examiner's Re Rep)rt 10 thg trustee&lmemkn of Mercy Cardiff Chwity no 1207511 ¢)n a(xtsinls for the year end&J 31# December 2024, set oui w pages 6 to 8. Responslbilities and basts of report I report 10 ts tnth oft ry examination of ac£(xmts of the chartty (Ih8 Trust-) ft)r the ycar entjed 3111212024. Ihe ctharity Irustees. you atE resp)ns¥ble for preparation of Ihe aoxjunls" in accordance with the Chi?rities Act 2011 fft Acf). I report in rw of my gxarr¥nati(y) of the Trusfs aC¥Trts carriLxJ oui urKJer secbon 145 of thc 2011 Act and tn canying my exaMinath. I foll¢>d au trE apICal)le DireCtic$ gVen by Ihe Charlty C4xnmiss*)n under sectirjn 145(5Xb) of Ihc ACL Independent Qxamlnerfs ststsmgtrt I Pkavc completed my exarrynalKin. I confirm that no rnateri matters tmve Come to my atttIOn in Cnnnecn with the examinalion which gives me cause to beliove that in. any material res . the aCcthin.ng re(xyd8 were ¥x)t kept In a(XXd2n wrth SelOn 130 of the Actr. c the acctsJnts did accord with trE antil)g reo)rds: or iho accounts did rK>t cornpty with applicable requirements cormIng the fDrm and content of )Unts set Cmjt in the Chartses (Ants and ReFwxts) Regulakns 2008 other than &ry requirennt that the accounts gp4e a ue fairf vieAY wlith is not a matter I have rK) concern h8ve a(Joss rK) other matters in (x)nnection with tr£ examination to vthich attcntion slxxjld drawn in Ihis report in order to enable a proper urcr$tarKIln9 of Ihe aCJnts io be rcacth(i. 25 Paul Bumell C Kkngemeni 69. V4lndre Road CF14 YTF
ercy Financial Statements forth• Y•arto 31•t Ilw TLtsI Yo hmd 25*10 21J20 47.730 11.0) 12.CQD 1S.539 173J9 20JknI 20.fXM) 28,810 7M 1r2 914 25286 J20G IA9è tJ%16 34.703 eOJXJ 25.B16 X7a3 Balanco Sheet at 31$1 De¢eth 2024 4.755 .. CwT•rf A¥•• 7A1 61.195 2S.118 24 703 fA52
ercy Note3 to the Financial Statsments for the year erbded 31wt DeGembw 2024 Accounting Poliths The trustee5 Iwve identifd rxj material iJicwtanties Ihat may tsst ggnfficant dcthl abryA the abaity of the as a gdNJ cx)nccrn. b&pAS. b. A>unting corNention val, and Fn acccthco with the PErnraal Rerfmiiig Stan(krd ts Smaller Entitses (effecve 21X)8). P£i 2011 a1 rAquwernents d. RoUrc•S •xponded mat JgrW ] cJ)st fdakng to thc catewy. requircJ for pubk acc£¥rt1ry. IL Fund accounilng
ercy Charitable Actsvitse5 Allor t(Kmation of chity and prxy lo up nf bank HcfAMmt. dorotrns reced ty Heb Ffin (rrytsteroi (arity 115T94n he cw) trust to be passcd Mercy Cardiff. Nick Davis of Hob FfirL and We ssgr*d on its trehalf by Nick Davi& Trustcc Pwa