## **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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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
2026-07-21 - 4:16:47 PM GMT
## Email viewed by treasurer@thegathering.wales
2026-07-21 - 4:47:59 PM GMT- IP address: 31.94.56.215
## Signer treasurer@thegathering.wales entered name at signing as S.R.Price
2026-07-21 - 4:49:20 PM GMT- IP address: 31.94.56.215
## Document e-signed by S.R.Price (treasurer@thegathering.wales)
Signature Date: 2026-07-21 - 4:49:22 PM GMT - Time Source: server- IP address: 31.94.56.215 - Signature Appearance Selected: MOBILE_DRAW
## Agreement completed.
2026-07-21 - 4:49:22 PM GMT