**Charity number: 1209455**
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
**Trustees’ report and financial statements for the period ended 30 September 2025**
## **Contents**
|Charity Information|2|
|---|---|
|Report of the Trustees|3 - 4|
|Report of the Independent Examiner|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Accounts|8-11|
## **Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Legal and administrative information**
|**Charity number**|1209455|
|---|---|
|**Registered office**|7 Purcell Road|
||Penarth|
||CF64 3QL|
|**Trustees**|Jonathan Mark Popham|
||Ricky Don Wilhelm II|
||John Nigel Graham|
|**Bankers**|National Westminster Bank|
|**Independent Examiner**|Paul Burnell|
||C Mgmnt Services Ltd|
||69 Velindre Road|
||Whitchurch|
||Cardiff|
||CF14 2TF|
## Penarth Evangelical Church (A Charitable Incorporated Organisation)
## REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30[th] September 2025
The Trustees have pleasure in submitting the Report and Accounts for the year to 30th September 2025
## Structure, Governance and Management
## Nature of organisation
The charity is constituted as a charitable incorporated organisation. It was formed and registered with the Charity Commission on 6th August 2024 (number 1209455).
## Appointment of Trustees
New trustees are appointed by existing trustees, who keep the composition of the trustee body under review to ensure that it includes sufficient people with the time and expertise to manage the charity effectively.
New Trustees receive a copy of the charity’s Constitution, the last set of annual accounts and finance reports and any other documentation deemed appropriate.
## Income
The income of the charity arises mainly from contributions from church members. In addition, smaller amounts may be raised from voluntary donations during church activities. The charity will also make applications for grant funding from other institutions in support of their activities.
## Risk Management
The charity is committed to ongoing assessment of the risks to which it, and the church is exposed and is confident that it has a reporting system in place which advises on a regular basis of any potential risks to enable them to mitigate as appropriate.
The insurance requirements of the church are reviewed annually to ensure all prospective liability situations are adequately covered.
The trustees have a Safeguarding policy in place and monitored by a safeguarding officer.
## Organisational Structure
The Trustees are responsible for all aspects of Penarth Evangelical Church relating to the financial and legal aspects of the charity. The spiritual and pastoral needs of the church are addressed by pastors/elders who also serve as trustees.
## Responsibility of the Trustees
Charity law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.
We are required to:
1. Select suitable accounting policies and apply them consistently
2. Make judgements and estimates that are reasonable and prudent
3
3. State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
4. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
## Our Aims and Objectives
The object of the charity is the advancement of the Christian faith in accordance with the statement of faith primarily, but not exclusively, within Penarth and the surrounding areas of the Vale Of Glamorgan; and such other charitable purposes as shall, in the opinion of the charity trustees, further the work of the church.
This is done through a variety of activities which are for the public benefit including:
Weekly worship gatherings, weekly prayer service and shared meals.
## Public Benefit Requirement
In planning the activities, the Trustees have applied the guidance issued by the Charity Commission on public benefit in December 2008.
## Plans for Future Periods
Penarth Evangelical Church plans to continue to proclaim, portray, and protect the gospel for the glory of God and the good of all people. At some point in the future we trust that we will have our own church premises. At present we meet in Westbourne School (4 Hickman Road, Penarth, CF64 2AJ) which we hire for our Sunday morning church services.
## Results
Net income for the year amounted to £86,311. Unrestricted funds carried forward at the year-end were £82,144. Restricted funds carried forward at the year-end were £4,167.
## Independent Examiner
Paul Burnell of CMS was appointed as the organisation’s independent examiner during the year.
This Report was approved by the Trustees on 10 July 2026 and is signed on their behalf by Jonathan Popham.
Jonathan Popham Trustee & Elder Penarth Evangelical Church 10 July 2026
4
## **Penarth Evangelical Church**
## **(A Charitable Incorporated Organisation)**
## **Independent Examiner’s report to the trustees of Hope Trust Cardiff for the year ended 30 September 2025**
I report on the accounts of the charity for the year ended 30 September 2025 which are set out on pages 6 to 11.
## **Responsibilities and basis of report**
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 2011 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 statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. the accounting records were not kept in accordance with section 130 of the Charities Act; or
2. the accounts do not accord with the accounting records;
3. the accounts did not comply with the applicable requirements concerning 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.
## Paul Burnell
Paul Burnell ACMI C Mgmnt Services Ltd 69 Velindre Road Cardiff CF14 2TF
Date: 10 July 2026
5
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Statement of financial activities For the year ending 30 September 2025**
||**Note**|**Unrestricted**|**Restricted**|**Year ended**|
|---|---|---|---|---|
|||**funds £**|**funds £**|**30/09/25 £**|
|**Income**|||||
|Income from generating funds:|||||
|Voluntary income|3|53,790|8,584|62,374|
|Bank Interest||1,117|-|1,117|
|Funds transferred from Highfields||43,691|-|43,691|
|Church|||||
|**Total income**||98,598|8,584|107,182|
|**Expenditure**|||||
|Charitable activities|4|16,454|4,417|20,871|
|**Total expenditure**||16,454|4,417|20,871|
|**Net movement in funds for the year**||82,144|4,167|86,311|
|Transfer between funds||-|-|-|
|Total funds brought forward||-|-|-|
|**Total funds carried forward**||82,144|4,167|86,311|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 11 form part of these financial statements.
6
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Balance sheet as at 30 September 2025**
|**Note**
**Fixed Assets**
Tangible Assets
7
**Current assets**
Debtors
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
8
**Net current assets**
**Creditors: amounts falling due**
**within one year**
**Net Assets**
**Funds**
Restricted funds
Unrestricted funds
10
9
**Total funds**|**30 September 2025**
**£**
**£**
5,329
3,736
77,938
81,674
692
80,982
-
86,311
4,167
82,144
86,311|**30 September 2025**
**£**
**£**
5,329
3,736
77,938
81,674
692
80,982
-
86,311
4,167
82,144
86,311|**30 September 2025**
**£**
**£**
5,329
3,736
77,938
81,674
692
80,982
-
86,311
4,167
82,144
86,311|
|---|---|---|---|
||||86,311|
||||4,167
82,144
86,311|
The financial statements were approved by the trustees and signed on their behalf by:
Jonathan Popham Trustee & Elder Penarth Evangelical Church 10 July 2026
7
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Notes to financial statements for the year ending 30 September 2025**
## **1 Charity status**
Penarth Evangelical Church is a charitable incorporated organisation registered in England and Wales, number 1209455. The registered office is 7 Purcell Road, Penarth CF64 3QL.
Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) in October 2019, the Charities Act 2011 and the UK Generally Accepted Accounting Practice.
## **Basis of preparation**
Hope Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’ meetings and reimbursed expenses.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
8
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Notes to financial statements for the year ending 30 September 2025**
|**3 Voluntary Income**
Gift Aid donations
Other donations
Tax recovered|Unrestricted
Funds
£
Restricted
Funds
£
Total
2025
£
38,408
-
38,408
5,028
8,584
13,612
10,354
-
10,354|
|---|---|
||53,790
8,584
62,374|
|**4 Charitable activities**
**a. Direct Charitable Costs**
Salaries
Ministries
Mission
**b. Support & Administration**
Premises
Administration and general expenses
Insurance|Unrestricted
Funds
£
Restricted
Funds
£
Total
2025
£
2,569
833
3,402
6,492
-
6,492
4,060
-
4,060|
|---|---|
||13,121
833
13,954|
||1,779
1,191
3,584
-
5,363
1,191
363
-
363|
||3,333
3,584
6,917|
## **5 Trustees’ remuneration and expenses**
No trustees were reimbursed expenses or paid a salary during the period.
## **6 Employees**
|**Employment costs**
Wages & salaries
Social security & Pension costs|**Year ending**
**30/9/25**
**£**
3,333
69
3,402|
|---|---|
9
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Notes to financial statements for the year ending 30 September 2025**
No employee received emoluments of more than £60,000 during the year.
The charity is managed on a day to day basis by the trustees who are unpaid.
## **Number of employees**
The average monthly number of employees during the period, calculated on the basis of full time equivalents were as follows:
|equivalents were as follows:||
|---|---|
||**Year ending**|
||**30/9/25**|
|Charity staff|0.6|
Our first employee was appointed in August 2025 for 3 days per week.
## **7 Fixed Assets - Tangible**
|**Cost**
Additions
As at 30 Sept 2025
**Depreciation**
Charge for the year
As at 30 Sept 2025
**Net Book Value**
As at 30 Sept 2025|**Equipment**
**Total Assets**
6,737
6,737|
|---|---|
||6,737
6,737|
||1,408
1,408|
||1,408
1,408|
|||
||5,329
5,329|
## **8 Creditors: Amounts falling due within one year**
|Trade creditors
Taxes and social security|**Year ending**
**30/9/25**
**£**
563
129
692|
|---|---|
10
**Penarth Evangelical Church (A Charitable Incorporated Organisation)**
## **Notes to financial statements for the year ending 30 September 2025**
## **9 Unrestricted Funds**
|General fund
Total|**Balance at**
**1 Oct 224**
**£**
-
**Incoming**
**Resources**
**£**
98,598
**Resources**
**expended**
**£**
16,454
**Transfer**
-
**Balance at**
**30 Sept**
**2025**
**£**
82,144
-
98,598
16,454
-
82,144|
|---|---|
## **10 Restricted Funds**
|Highfields Church
River City Baptist Church
**Total**|Incoming
Resources
5,000
3,584
Resources
Expended
833
3,584
Balance at
30 Sept 25
4,167
-
**8,584**
**4,417**
**4,167**|
|---|---|
The grants and donations received for various restricted funds are for the following purposes:
Highfields Church: bursary toward J Ludlow salary River City Baptist Church: help with rent
## **11 Analysis of net assets between funds**
|Current assets
Current liabilities|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**2025 Total**
**funds**
**£**
77,507
4,167
81,674
(692)
-
(692)
76,815
4,167
80,982|
|---|---|
## **12 Controlling parties**
In the opinion of the trustees there is no single ultimate controlling party of the charity
## **13 Taxation**
The company is a registered charity and is, therefore, exempt from taxation.
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