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2025-03-31-accounts

DINAS POWYS BAPTIST CHURCH

Trustees Report and Accounts for the year ended 31st March 2025

Organisation type: Charitable Incorporated Organisation

Charity Registration Number: 1208750

First registered: 20 June 2024

Registered Address: Parish Hall, Britway Road, Dinas Powys. CF64 4AF

Trustees: Rev Jonathan M Davis (Chair)

Mrs Hannah Churchill (Secretary until 26[th] June 2024) Mrs Deborah J Davis (Secretary from 26[th] June 2024) Mr Paul J West (Treasurer) Mr David G Humphreys Mrs Gillian Fisher Mrs Sarah J Hill

Property Trustees: N/A

Bankers: National Westminster Bank, 96 Queen Street, Cardiff, CF10 2GR

2

Annual Report

At the start of the financial year (1[st] April 2024) Dinas Powys Baptist Church was operating as an Excepted Charity but had taken the decision to convert to a Charitable Incorporated Organisation (CIO). This Charity was, therefore, registered in June 2024, with the intention of transferring all the assets, liabilities and activities of the Church from the Excepted Charity to the CIO. At the end of the year the transfer had not taken place, and this fact is reflected in the accounts. The transfer actually took place on 1st April 2025.

Financial Review

During the financial year the Church recorded a slight overspend of £1,200. This resulted in the Excepted Charity’s reserves reducing to £53,000. This was better than expected due to an unexpected gift of £10,000. The Church ended the 2024-25 financial year in a healthy financial position. It is therefore the view of the Trustees that the Charity will begin operations on 1[st] April 2025 as a going concern.

The Trustees have established a Reserves Policy of a minimum of six months regular expenditure, to cover a drop in income. Over the next few years, the Church will need to increase its giving to meet the cost of employing a Minister.

The accounts are presented on pages A1 to A2.

Date of approval by the Trustees ………………………………………………………………… 25th January 2026 .

SIGN

Signed by the Chair of the Trustees …………………………………… Date ………………………… 25/01/2926 .

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Statement of income and expenditure

General General Restricted
Designated

Designated
Total
funds funds funds funds
Income
Total income 0 0 0 0
Expenditure
Total expenditure 0 0 0 0
Balance sheet
General Restricted
Designated
Total
funds funds funds funds
Opening balance 0 0 0 0
Income 0 0 0 0
Expenditure 0 0 0 0
Closing balance 0 0 0 0
Bank balances at 31st March
Reserves account 0
Current account 0
Total 0
Assets and liabilities
Assets
Total assets 0
Liabilities
Total liabilities 0
Assets–Liabilities 0

A1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEESIMEMBERS OF DINAS POWYS BAPTIST CHURCH (Charity number 1208750) Responsibilities and basis of report I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 31 March 2025, which are set out on page A1. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts, carried out under section 145 of the Act, and, in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examiner's qualified statement I have completed my examination. I confirm that no material matters have come to my attention.in connection with the examination which gives me cause to believe that in, any matariaLrespect: the accounting records were not kept in accordan￿ with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements Con￿rning the form 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 considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: RJ Elms, CIPFA (Retired)