TY-ISAF BATTIST CHURCH TRUSTEE'S REPORT
YEAR ENDED 31 DECEMBER 2O24.
Principal Address:
Trustees: Mr RG Bushell Mr N Browning
Structure, Governance and Management
The charity is maintained as a trust and is governed by constitution. Trustees are elected by the existing charity trustees.
Charity Objectives
The charity's objective is to preach the gospel and to witness in the Pontymister area.
Charity Activities
The charity aims to provide morning and evening services on a Sunday, as well as bible study, prayer meeting and youth meetings during the week. The charity also conducts marriages and funerals when required.
Achievement and Performance
During the year, the charity’s income increased by around 38.6%. This year we claimed back two years of Gift Aid and GASD which was a major factor in the increase of income. We are grateful to the generous giving of members of this period.
The number of members and adherents remain similar to the previous year and the Church has had an active year. The Trustees continue to try to actively find new members.
Financial Review
The charity maintains su�icient reserves to ensure there are su�icient funds to pay the pastor and any other relevant expenses and to ensure charitable donations can be made when general funds allow. The charity produced a net cash profit in the year of £5255.
This report has been approved by the trustees and signed on their behalf by:
Trustee
20 March 2025
Ty Isaf Baptist Church - Accounts - Year Ending 31/12/ 2024
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Finance Carried Forward from 2023 Payments Assets held in 2024
Church Bank Account Brought Forward 13,962.80 PASTOR'S STIPEND Church Current Account £18,086.44
Church Savings Brought Forward 42,617.51 GROSS STIPEND 16,820.16 Church Savings Account £43,749.67
Employer Pension Contribution 314.17
Total 56,580.31 Total £61,836.11
Petty cash carried Forward 25.68 Petty Cash £5.41
Receipts Payments GSAD tax to claim 441.50
PASTOR'S EXPENSES 504.00 Gift aid tax to claim 2,485.00
Total Covenants 9,940.00
Free Will (gift aid) 0.00 SUPPLY PREACHERS 120.00
Special gifts (gift aid) 0.00 MONEY TO PETTY CASH 0.00 Net Assets 64,768.02
Open 5,825.20 GAS - A/C 601025016 1,664.98
Envelopes (cash of £30 or less) 235.00 ELECTRIC - 602989837 590.09
Envelopes (above £30) 860.00 INSURANCE 960.36
Gifts (£30 or less) 0.00 COPYRIGHT LICENCE 244.72
Gifts (above £30) 90.00 INTERNET 588.37
Standing Orders (£30 or less) 390.00 DBS CHECKS 72.00
Standing order (above £30) 0.00 END OF YEAR AUDIT 0.00 Savings Account
Funerals 0.00 - 0.00 + Banking 1,132.16
Gift Aid (claimed) 6,992.01 - 0.00 - Banking 0.00
GSAD (claimed) 2,697.81 STATIONERY AND POSTERS 105.53 0.00
HMRC JRS Grant 0.00 CLEANING MISC 60.17 Transferred (to current acc) 0.00
- 0.00 CATERING MISC 32.95 Ballance 43,749.67
- 0.00 - 0.00
- 0.00
GENERAL REPAIRS/PAINT 29.47
EQUIPMENT 0.00
MONEY TRANSFERRED to MON BS PROJECTS 0.00
From Current Account 0.00 AUDIO/COMPUTERS 42.99
FIRE SAFETY CHECK 75.10
END OF YEAR AUDIT 0.00
SOCIAL ACTIVITIES 23.09
HOUSE GROUPS 20.96
EVENTS 39.80
MISCELLANEOUS 0.00
YOUTH CLUB 94.36
SUNDAY SCHOOL 178.11
- 0.00
DONATIONS 325.00
MONEY TRANSFERRED TO MON BS 0.00
Total Income 28,162.18 Total Expenditure 22,906.38 Profit/ Loss 5,255.80
excluding Petty Cash
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