The Gathering Community
Registered Charity Number 1211533
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st December 2025
Richmond Accountancy Services Limited 29 Belgrave Road Abergavenny Monmouthshire NP7 7AH
The Gathering Community
Report of the Trustees and Financial Statements - 2025
| Contents | |
|---|---|
| Page | |
| Report of the Trustees | 1-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance sheet | 6-7 |
| Notes to the accounts | 8-14 |
| Detailed Statement of Financial Activities | 15-16 |
The Gathering Community
Report of the Trustees for the Year Ended 31 December 2025
The trustees, who are also directors of the charity for the purpose of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2025.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) (effective 1 January 2015).
Objectives and Aims
The Gathering Community (TGC) became a charity in December 2024.
TGC Trustees are grateful to the support and financial assistance of various grant giving organisations who have supported us through 2024/25.
TGC was established with the aim to provide relief to those living with disabilities in the Abergavenny and surrounding areas.
This is accomplished by providing classes to socialise and develop skilly such as cooking, keeping fit, gardening and crafts.
There was much work to be done to the centre before we could occupy the building. The Gathering Community campaigned for the reopening of Tudor Street formally known as Tudor Street Day Centre. Our charity took over the centre in January 2025. We moved into Tudor Street in February 2025 and our attendees later moved over from the WIC (Wellbeing Information Centre) and this was where the real work could begin.
Public benefit
The trustees confirm that they have complied with their duty in section 17(5) of the 2011 Charities Act with regards to Charity Commission's general guidance on public benefit when reviewing the Charity's objectives and in planning activities.
Page 1
The Gathering Community
Report of the Trustees for the Year Ended 31 December 2025
Objectives and Activities
Volunteers
As always and never to be forgotten, we do want to give a big 'thank you' for all the help and support that TGC has received again this year from Trustees and partners but most importantly from volunteers and we have welcomed new volunteers during 2024 and 2025 again.
We continue to gain greater credibility as an organisation now and into the future.
Structure, Governance and Management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Reference and Administrative Details
Registered Charity number 1211533
Registered office at 31st December 2025
Tudor Street Centre Laundry Place Merthyr Road Abergavenny Monmouthshire NP7 5DN
Trustees
J E Powell (Chair) S R Price S J Griffiths J Miles
Page 2
The Gathering Community
Report of the Trustees for the Year Ended 31 December 2025
Reference and Administrative Details
Independent Examiner
James Bevan
Richmond Accountancy Services Limited 29 Belgrave Road Abergavenny Monmouthshire NP7 7AH
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The above report has been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies.
Jul 21, 2026
Signed on behalf of the board of trustees on ….................................
….................................S.R.Price (Jul 21, 2026 17:49:22 GMT+1) Mr S. R. Price - Trustee
Page 3
Independent Examiner's Report to the Trustees of The Gathering Community
for the Year Ended 31 December 2025
Independent examiner's report to the trustees of The Gathering Community
('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
21/07/2026
…................................. ….................................
James Bevan Date
Richmond Accountancy Services Limited
Page 4
The Gathering Community
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 December 2025
| Notes Income and Endowments From Donations and legacies 2 Other trading activities 3 Expenditure on Raising funds Other trading activities 4 Charitable activities Administration 5 Charitable Activities Other Total Net Income/(Expenditure) Reconciliation of Funds Total funds brought forward Total Funds Carried Forward |
Unrestricted Fund £ 3,765 25,821 29,586 10,521 10,521 5,127 5,567 805 22,020 7,566 - 7,566 |
Restricted Fund £ 19,909 - 19,909 2,299 2,299 15,721.00 - - 18,020 1,889 - 1,889 |
31.12.25 Total Fund £ 23,674 25,821 |
|---|---|---|---|
| 49,495 | |||
| 12,820 | |||
| 12,820 20,848 5,567 805 |
|||
| 40,040 | |||
| 9,455 - |
|||
| 9,455 |
The notes form part of these financial statements Page 5
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
| Notes Fixed Assets Tangible Assets 10 Current Assets Debtors 11 Cash in hand Creditors Amount due within one year 12 Net Current Assets Total Assets Less Current Liabilities Net Assets Funds 13 Unrestricted Funds - General Fund Restricted Funds - General Fund Total Funds |
Unrestricted Fund £ - - 9,935 9,935 480 480 9,455 |
Restricted Fund £ - - - - - - - |
31.12.25 Total Fund £ - - 9,935 |
|---|---|---|---|
| 9,935 | |||
| 480 | |||
| 480 9,455 |
|||
| 9,455 | - | 9,455 | |
| 7,566 1,889 |
|||
| 9,455 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements Page 6 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
Jul 21, 2026 Signed on behalf of the board of trustees on ….................................
S.R.Price (Jul 21, 2026 17:49:22 GMT+1)
….................................
Mr S. R. Price - Trustee
The notes form part of these financial statements Page 7
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
1. Accounting Policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost Fixtures and fittings - 15% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 8 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
| 2. Donations and Legacies Gifts Donations Grants 3. Other Trading Activities Fundraising events 4. Other Trading Activities Purchases Other direct costs Depreciation Fundraising events |
Unrestricted Fund £ - 3,765 - 3,765 Unrestricted Fund £ 25,821 Unrestricted Fund £ 10,521 - - 10,521 |
Restricted Fund £ - - 19,909 19,909 Restricted Fund £ - Restricted Fund £ - 2,299 - 2,299 |
31.12.25 Total Fund £ - 3,765 19,909 |
|---|---|---|---|
| 23,674 | |||
| 31.12.25 Total Fund £ 25,821 |
|||
| 31.12.25 Total Fund £ 10,521 2,299 - |
|||
| 12,820 |
Page 9 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
| 5. Charitable Activities Costs Administration Charitable Activities 6. Support Costs Administration Charitable Activities |
Direct Costs £ 7,066 3,628 10,694 Finance £ 805 - 805 |
Support Costs (see note 6) £ 15,721 - 15,721 Governance Costs £ - - - |
Totals £ 22,787 3,628 |
|---|---|---|---|
| 26,415 | |||
| Totals £ 805 - |
|||
| 805 |
7. Net Income/(Expenditure)
31.12.25 £ Net income/(expenditure) is stated after charging/(crediting): - Depreciation - owned assets -
8. Trustees Renumeration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31 December 2025.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2025.
Page 10 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
9. Comparatives for the Statement of Financial Activities
| Income and Endowments Donations and legacies Other trading activities Total Expenditure on Raising funds Other trading activities Charitable activities Charitable Activities Other Total Net Income/(Expenditure) Reconciliation of Funds Total funds brought forward Total Funds Carried Forward |
Unrestricted Fund £ 3,765 25,821 29,586 10,521 10,521 10,694 805 22,020 Unrestricted Fund £ 7,566 - 7,566 |
Restricted Fund £ 19,909 - 19,909 2,299 2,299 15,721 - 18,020 Restricted Fund £ 1,889 - 1,889 |
Total Fund £ 23,674 25,821 |
|---|---|---|---|
| 49,495 | |||
| 12,820 | |||
| 12,820 26,415 805 |
|||
| 40,040 | |||
| Total Fund £ 9,455 - |
|||
| 9,455 |
Page 11 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
| 10. Tangible Fixed Assets Cost At 1 January 2025 Additions At 31 December 2025 Depreciation At 1 January 2025 Charged At 31 December 2025 Net Book Value At 31 December 2025 11. Debtors- Falling Due Within One Year Trade debtors Prepayments 12. Creditors- Falling Due Within One Year Trade creditors Other creditors Accrued expenses |
Plant and Machinery £ - - - - - - - |
Fixtures and Fittings £ - - - - - - - 31.12.25 £ - - - 31.12.25 £ 480 - - 480 |
Totals £ - - |
|---|---|---|---|
| - | |||
| - - |
|||
| - | |||
| - | |||
Page 12 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
| 13. Movement in Funds Unrestricted Funds - General Fund Restricted Funds - General Fund Total Funds Net movement in funds, included in the above are as follows: Unrestricted Funds - General Fund Restricted Funds - General Fund Total Funds 13. Movement in Funds- continued Comparatives for movements in funds Unrestricted Funds - General Fund Restricted Funds - General Fund Total Funds |
Incoming resources 29,586 19,909 49,495 |
Net movement £ 7,566 1,889 9,455 Resources expended -22,020 -18,020 -40,040 Net movement £ 7,566 1,889 9,455 |
31.12.25 £ 7,566 1,889 |
|---|---|---|---|
| 9,455 | |||
| Movement in funds 7,566 1,889 |
|||
| 9,455 | |||
| 31.12.25 £ 7,566 1,889 |
|||
| 9,455 |
Page 13 continued…
The Gathering Community
Detailed Statement of Financial Activities for the Year Ended 31 December 2025
Comparative net movement in funds, included in the above are as follows:
| Unrestricted Funds - General Fund Restricted Funds - General Fund Total Funds |
Incoming resources £ 29,586 19,909 49,495 |
Resources expended £ -22,020 -18,020 -40,040 |
Movement in funds £ 7,566 1,889 |
|---|---|---|---|
| 9,455 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net movement £ Unrestricted Funds - General Fund 7,566 Restricted Funds - General Fund 1,889 Total Funds 9,455 |
31.12.25 £ 7,566 1,889 |
|---|---|
| 9,455 |
13. Movement in Funds - continued
A current year 12 months and prior year 12 months combined net movement in funds included in the above are as follows:
| included in the above are as follows: | |||
|---|---|---|---|
| Unrestricted Funds - General Fund Restricted Funds - General Fund Total Funds |
Incoming resources £ 29,586 19,909 49,495 |
Resources expended £ -22,020 -18,020 -40,040 |
Movement in funds £ 7,566 1,889 |
| 9,455 |
14. Related Party Disclosures
There were no related party transactions for the year ended 31 December 2025.
Page 14
The Gathering Community
| Detailed Statement of Financial Activities for the Year Ended 31 December 2025 Unrestricted Restricted funds funds £ £ Income and Endowments Donations and legacies Grants 3,765 19,909 Other trading activities Fundraising events 25,821 - Total incoming resources 29,586 19,909 Expenditure Other trading activities Purchases 10,521 - Other direct costs - 2,299 Bad debts - - Depreciation of tangible fixed assets - - 10,521 2,299 Charitable activities Insurance 930 - Donations 24 - Advertising 129 - Sundries 4,484 - Exceptional items - - 5,567 - Other Office expenditure 942 4,209 Repairs and renewals - 11,512 Premises expenses 3,604 - Training and Subscriptions 581 - 5,127 15,721 Support costs Finance Bank Charges 87 - Governance costs Accountancy and legal fees 718 - This page does not form part of the statutory financial statements Page 15 |
31.12.25 Total funds £ 23,674 25,821 |
|---|---|
| 49,495 10,521 2,299 - - |
|
| 12,820 930 24 129 4,484 - |
|
| 5,567 5,151 11,512 3,604 581 |
|
| 20,848 87 718 |
The Gathering Community
| Detailed Statement of Financial Activities for the Year Ended 31 December 2025 Total resources expended Net Income |
Unrestricted funds £ 22,020 7,566 |
Restricted funds £ 18,020 1,889 |
31.12.25 Total funds £ |
|---|---|---|---|
| 40,040 | |||
| 9,455 |
This page does not form part of the statutory financial statements Page 16
The Gathering Community - 31.12.2025 Accounts
Final Audit Report
2026-07-21
Created: 2026-07-21 By: James Bevan (james@richmondaccountancy.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAiqfwp2EW4CttDKCsIc_Sworon33XvtAa
"The Gathering Community - 31.12.2025 Accounts" History
Document created by James Bevan (james@richmondaccountancy.co.uk)
2026-07-21 - 4:16:04 PM GMT- IP address: 95.148.87.246
Document emailed to treasurer@thegathering.wales for signature
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Email viewed by treasurer@thegathering.wales
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Signer treasurer@thegathering.wales entered name at signing as S.R.Price
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Document e-signed by S.R.Price (treasurer@thegathering.wales)
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Agreement completed.
2026-07-21 - 4:49:22 PM GMT