Penuel Baptist Chapel References and Administrative Details
Registered Address: Awel Hedd, Capel Dewi, Carmarthen, SA32 8AD
Charity Registration Number: 238795
Trustees
Mr Eilir Jones Mr Samuel Edwards Rev Dafydd Aron Treharne Mr Nigel Davies
Bankers HSBC Carmarthen
Independent Examiner
LHP Accountants
Annual Report for 2024
The trustees present their Annual Report for 2024
Structure, Governance and Management
The Charity is governed by its constitution, members of the church are accepted following a membership course with the minister in accordance with the constitution which requires them to be or to have been publicly baptised on the profession of faith in Jesus Christ.
The members’ meeting takes place a minimum of three times per year and has responsibility for the overall policy of the church. The members appoint the deacons (some of whom are the trustees of the church) who, together with the minister, meet together a minimum of 4 times a year to manage the day to day running of the church’s work and witness, and the financial and legal aspects of the charity.
All members are encouraged to take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objective. Relevant matters are submitted for consideration of the church meeting beforehand and are discussed and decided upon in the course of the meeting. Decisions are usually arrived upon by consensus, with a member proposing and another seconding the decision. Larger decisions are usually broached across multiple meetings, leaving time for prayerful consideration, with the final decision made by a show of hands.
Objectives and Activities
The principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the church shall determine. The motto of the church is; Knowing Christ and Making Him Known. To achieve the principal objective, which is set out above, the church provides a variety of activities both to its membership and to the community generally. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord. Central to the work and witness of the church is the provision of regular public services of Christian worship. These services take place each Sunday with a Welsh language service with simultaneous translation at 10.30 am and an English language service at 5.00 pm. In these services there are periods of singing worship songs, prayer and a sermon preached from the Bible. During the morning service there is a Sunday school led by members of the church which takes place during the main service. Communion is observed once a month in both services.
The church seeks to be a friendly and welcoming community, and anybody is welcome to attend any of these services, and are invited to stay for teas and coffees after the service. The church meets together on Wednesday evenings in the local library for the prayer meeting.
The church runs a series of fellowship groups for the growth of faith and discipleship at a range of times and places and further details of these can be obtained from the deacons on request, or at
the Sunday worship services.
The church also arranges various activities for people from outside of the church to be introduced to church life and hear the gospel such as 5 a side football games and ‘Crafternoon’ session where attendees create crafts together.
The church operates systems to ensure that all people working with children and vulnerable adults are appropriately vetted by the Disclosure and Barring Service.
The church has read the Charity Commission guidance on public benefit and is satisfied that the activities outlined above clearly demonstrate that the charity is providing a benefit to the public.
Achievements and Performance
The church does not measure the success of its programmes only in numbers, including financial numbers, but also in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to measure but believe that 2024 was a positive year in the life of the church, and that it will be able to pursue its mission purposes in 2025 with renewed enthusiasm.
An achievement for 2024 was the culmination of a long process of prayer and seeking the Lord resulting in the church building being sold in the summer. We have moved our Sunday services to a local school and feel blessed in the positive impact this move has had on the church, indicated during services on the first Sunday in the new location, where most people present already felt as though we had been there for a long time!
Two people were baptised and received into church membership during the year with an additional five people being accepted into membership after attending for a period of time. Two church members died during 2024 and a total of eleven people left membership during the year. As of 31 December 2024 the membership stood at 44 compared to 50 in 2023. Average attendance at Sunday services has seen significant increases.
Financial Review
The church continues to raise the funds which it needs to carry on its activities from within its own membership and congregation. No wider public appeal was made for funds during the year. Income received from giving increased from £67,175 in 2023 to £68,427 in 2024.
The most significant expense related to the position of the Rev Aron Treharne as minister of the church, to lead and co-ordinate the church’s activities including the Sunday services, to provide pastoral care for the congregation and other people, and to equip and encourage the membership in their life, Christian witness and service.
During this year, Alun Rennolf has been employed part time as a trainee pastor, gaining valuable experience in preparation for a church plant in Penllyn in the near future.
This year the membership also decided to employ a Church Administrator to facilitate much of the day to day admin that goes hand in hand with running the church. This has been a most valuable addition to the life of the church.
The church expressed its part in the life of the wider church by making donations totalling nearly £8,500 to national and international Christian organisations and societies with Christian aims and objectives compatible with the church’s own charitable purpose.
The church is heavily dependent on its membership serving as volunteers in all aspects of the church’s activities, many of which run with little or no impact on the church’s expenditure, but nevertheless contribute substantially to the achievement of the church’s objectives.
Total expenditure (excluding funds transfers between accounts) increased from £73,760 in 2023 to £90,676 in 2024 due to increases in operational costs, the upkeep of buildings, salary costs and children’s activities.
The financial results for the year, together with a summary of the accounting policies adopted, are set out in the accompanying Financial Statement.
Reserves Policy
The trustees have established a Reserves Policy to enable the church to function effectively and meet its obligations in the event of a decline in income or a major cost.
The Reserves Policy of Penuel church is to hold six months of all expenditure to allow the church to adapt to any changes in income or expenditure. The trustees currently believe this amount to be in the range of £35,000 to £40,000.
-
As of 31[st] December 2024, the church held total reserves of £525,170 of which:
-
£410,539 were designated for the church’s building fund
-
£62,955 were designated for the church’s ministry training project
-
£2,226 in the Trust Fund
-
£49,451 in the Reserve Fund
This policy will be reviewed annually.
EGLWYS PENUEL CHURCH
ENW’R ELUSEN | CHARITY NAME: EGLWYS FEDYDDIEDIG PENUEL, CAERFYRDDIN – DELIR Y CRONFEYDD YMDDIRIEDOLAETH A’R EIDDO YN GYSYLLTIAD Â HYN
PENUEL BAPTIST CHAPEL, CARMARTHEN – TRUST FUNDS AND PROPERTY HELD IN CONNEXION THEREWITH
RHIF YR ELUSEN | CHARITY NUMBER:
238795
DATGANIAD ARIANNOL AR GYFER Y FLWYDDYN HYD 31 RHAGFYR 2024
FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
PARATOWYD GAN | PREPARED BY: MARK NEUBERT
ARCHWILIWYD GAN | EXAMINED BY: STEVEN EDWARDS, LHP ACCOUNTANTS, CARMARTHEN
EGLWYS PENUEL CHURCH, CAERFYRDDIN
DATGANIAD ARIANNOL AR GYFER Y FLWYDDYN A ORFFENWYD RHAGFYR 31 2024
Y CYFRIF CYFFREDINOL DERBYNNEBAU A THALIADAUT
| Derbyniadau (£) | 2024 | 2023 | Nodyn |
|---|---|---|---|
| Rhoddion cyffredinol | 68,427.41 | 67,175.00 | |
| Rhoddion Eraill | 404.00 | 710.35 | 2 |
| Treth incwm ac adenillwyd ar roddion | 11,865.29 | 29,141.38 | 3 |
| Gwerthiant | 269,583.80 | 132,045.05 | 4 |
| Trosglwyddiadau o gyfrifon eraill | 63,638.13 | 15,507.06 | 5 |
| A godwyd ar gyfer achosion eraill | 330.00 | 460.00 | 6 |
| Rhoddion (Donations) | 0.00 | 60,000.00 | |
| Ad-daliadau | 565.97 | 414.51 | 7 |
| Cyfanswm y derbyniadau | 414,814.60 | 305,453.35 | |
| Taliadau (£) | 2024 | 2023 | Nodyn |
| Staff yr Eglwys | 42,566.48 | 35,388.35 | 8 |
| Gweinidogaethau Eraill | 770.00 | 880.00 | 10 |
| Digwyddiadau Efengylu | 1,494.46 | 3,214.46 | 11 |
| Costau gweithredol eraill | 3,599.96 | 6,704.75 | 12 |
| Cynal a Chadw adeiladau | 32,866.85 | 20,874.62 | 13 |
| Swm a drosglwyddwyd i achosion eraill | 8,446.00 | 6,486.00 | 14 |
| Gwaith Plant | 759.73 | 60.44 | 15 |
| Trosglwyddiadau i gyfrifon cyniol | 362,558.00 | 0.00 | 16 |
| Trosglwyddiadau I gyfrif rhif 2 | 0.00 | 60.44 | |
| Trosglwyddiadau I gyfrif wrth gefn (newydd) | 0.00 | 57,633.28 | |
| Trosglwyddiadau i’r Cyfrif cronfa Adeiladau | 0.00 | 152,045.05 | |
| Rhoddion | 172.70 | 151.94 | 17 |
| Cyfanswm taliadau | 453,234.18 | 283,438.89 | |
| Derbyniadau/taliadau net ar gyfer 2024 | -£38,419.58 | ||
| Yn eithrio trosglwyddiadau arian | £260,500.29 | ||
| Balans ariannol ar 31 Rhagfyr 2023 | £84,383.86 | ||
| Balans ariannol ar 31 December 2024 | £45,964.28 | ||
| Sy’n gysylltiedig â’r ysgol Sul | £3,185.57 |
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Cyfrif rhif 2 (Ysgol Sul)
| Derbyniadau (£) | 2024 | 2023 | Nodyn |
|---|---|---|---|
| Trosglwyddiadau o’r Cyfrif Cyffredinol | 0.00 | 60.44 | |
| Arian parod Mwncis Myrddin | 0.00 | 10.35 | |
| Cyfanswm y derbyniadau | 0.00 | 70.79 | |
| Taliadau (£) | 2024 | 2023 | Nodyn |
| Gwersylloedd | 62.50 | 825.00 | |
| Deunyddiau Ysgol Sul | 50.47 | 226.79 | |
| HSBC | 5.00 | 60.44 | |
| Trosglwyddiadau i’r Cyfrif Cyffredinol | 3,644.26 | - | 18 |
| Cyfanswm y taliadau | 3,762.23 | 1112.23 | |
| Derbyniadau /taliadau net ar gyfer 2024 | -£3,762.23 | ||
| Yn eithrio trosglwyddiadau | -£117.97 | ||
| Balans ariannol ar 31 Rhagfyr 2023 | £3,762.23 | ||
| Balans ariannol ar 31 Rhagfyr 2024 | £0.00 |
2
CYFRIF WRTH GEFN (NEWYDD) (CAMBRIDGE & COUNTIES)
| Derbyniadau (£) | 2024 | 2023 | Nodyn |
|---|---|---|---|
| Llog | 2,360.59 | 0.00 | 19 |
| Trosglwyddiadau o’r Cyfrif Cyffredinol | 0.00 | 57,633.28 | |
| Cyfanswm y derbyniadau | 2,360.59 | 57,633.28 | |
| Taliadau (£) | 2024 | 2023 | Nodyn |
| Trosglwyddiadau i'r Cyfrif Cyffredinol | 59,993.87 | 0.00 | 20 |
| Cyfanswm y taliadau | 59,993.87 | 0.00 | |
| Balans ariannol ar 31 Rhagfyr 2023 | £57,633.28 | ||
| yn cynnwys,Cronfa Ymddiriedolaeth | £2,126.22 | ||
| Yn cynnwys, Cronfa wrth Gefn | £15,507.06 | ||
| Yn cynnwys, Cronfa hyfforddi | £40,000.00 | ||
| gweinidogaethol | |||
| Balans ariannol wrth gau’r cyfrif | £0.00 |
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Cyfrif Cynilo
| Derbyniadau (£) | 2024 | 2023 | Nodyn |
|---|---|---|---|
| Trosglwyddiadau o'r Cyfrif Cyffredinol | 362,558.00 | 152,045.05 | 16 |
| Llog | 8,497.65 | 2,069.85 | 21 |
| Cyfanswm y derbyniadau | 371,055.65 | 154,114.90 | |
| Balans ariannol ar 31 Rhagfyr 2023 | £154,114.90 | ||
| yn cynnwys,Arian o werthiant adeiladau | £133,845.82 | ||
| yn cynnwys,Cronfa Hyfforddi | £20,269.08 | ||
| Gwenidogaethol | |||
| Balans ariannol ar 31 Rhagfyr 2024 | £525,170.55 | ||
| yn cynnwys,Arian o werthiant adeiladau | £410,538.62 | ||
| yn cynnwys, Cronfa hyfforddi | £62,954.83 | ||
| gwenidogaethol | |||
| yn cynnwys,Crofa wrth Gefn | £49,450.68 | ||
| yn cynnwys,Cronfa Ymddirediolaeth | £2,226.42 |
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DATGANIAD O ASEDAU A RHWYMEDIGAETHAU ARIANNOL AR 31 RHAGFYR 2024
| Cash asedau (£) | 2024 | 2023 | Nodyn |
|---|---|---|---|
| Cyfrif Cyffredinol | 38,419.58 | 84,383.86 | |
| Cyfrif rhif 3 (Ysgol Sul) (wedi cau) | 0.00 | 3,762.23 | |
| Cyfrif wrth gefn (wedi cau) | 0.00 | 57,633.28 | |
| Cyfrif Cynilo | 525,170.55 | 154,114.90 | |
| Cyfanswm yr asedau | 563,590.13 | 299,894.27 | |
| Cynydd net ar 2023: £263,695.86 |
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NODIADAU I’R CYFRIFON
1. Sail y cyfrifon
Paratowyd y cyfrifon hyn ar sail ‘derbyniadau a thaliadau’ yn unol â’r Deddf Elusennau
2. Rhoddion Eraill (£)
Rhoddion cyfyngiedig ar gyfer digwyddiadau efengylu, alldeithiau’r Eglwys ac adnoddau ysgol Sul
| Tuag at bwyd I’r ddigwyddiad Pasg | 10.00 | (gweler nodyn 11) |
|---|---|---|
| Tuag at drip bowlio’r eglwys | 105.00 | (gweler nodyn 11) |
| Tuag at hurio’r lleoliad pêl droed | 71.00 | (gweler nodyn 11) |
| Tuag at ddeunyddiau ‘crafternoon’ | 70.50 | (gweler nodyn 11) |
| Tuag at adnoddau’r Ysgol Sul | 147.50 | |
| Cyfanswm y rhoddion eraill | 404.00 |
Roedd yr arian a dderbynnwyd tuag at ddeunyddiau’r 'crafternoon' yn rhagori ar y taliadau ar gyfer y deunyddiau ‘crafternoon’. Bydd gweddill yr arian (£9.35) yn cael ei glustnodi tuag at ddigwyddiadau ‘crafternoon’ yn y dyfodol.
3. Treth incwm a adenillwyd ar roddion (£)
Derbynnwyd gan HMRC drwy Gift Aid ar gyfer y blynyddoedd calendr rhestrwyd isod. Gift Aid (2023) 11,865.29
Cyfanswm y treth incwm a adenillwyd ar roddion 11,865.29
4. Gwerthiant eiddo
Gwerthiant o’r Eglwys a’r festri oedd ym mherchnogaeth yr Eglwys (Eglwys Penuel, Stryd y Priort, Caerfyrddin) yn Awst 2024: £137,025.80
Gwerthiant y tŷ a oedd ym mherchnogaeth yr Eglwys (18 Stryd y Prior, Caerfyrddin) ym mis Medi 2024: £132,558.00
Cutunwyd gan yr ymddirediolwyr bydd cyfanswm y swm a dderbynnwyd o werthiannau yn cael eu clustnodi ar gyfer gronfa adeiladau’r eglwys - ‘Arian o Werthiannau’r Adeiladau.
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5. Trosglwyddiadau o gyfrifon eraaill(£)
| Balans ar gau cyfrif rhif 2 | 3,644.26 | (gweler nodyn 18) |
|---|---|---|
| Balans ar Gau’r cyfrif wrth Gefn | 59,993.87 | (gweler nodyn 20) |
| Cyfanswm y trosglwyddiadau | 63,638.13 | |
| 6. Arian a godwyd tuag at achosion eraill (£) | ||
| Bible Society | 250.00 | (gweler nodyn 15) |
| BMS (Baptist Missionary Society) | 80.00 | (gweler nodyn 15) |
| Cyfanswm yr arian a godwyd tuag at achosion | 330.00 | |
| eraill | ||
| 7. Ad-daliadau (£) | ||
| Dwr Cymru | 189.92 | |
| BT | 24.92 | |
| Council Tax Refund | 351.13 | |
| Cyfanswm yr ad-daliadau | 565.97 | |
| 8. Staff yr Eglwys (£) | ||
| Stewardship (Gweinidog) | 32,302.48 | |
| Costau Teithio (Tachwedd 2023-Medi 2024) | 1,082.74 | |
| Ffioedd cynhadleddau | 100.00 | |
| Stewardship (Gweinidog Cynorthwyol) | 1,479.52 | (gweler nodyn 9) |
| Taliadau uniongyrchol i’r Gweinidog Cynorthwyol | 1,000.00 | |
| Stewardship (gweinyddol) | 3,455.44 | (gweler nodyn 9) |
| NEST | 2,543.25 | |
| Ffioedd gyflogres | 603.05 | |
| Cyfanswm y costau staff yr Eglwys | 42,566.48 |
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9. Taliadau Staff
O Medi 2024 cyflogodd yr eglwys dau aelod o staff rhan amser (ynghŷd a’r gweinidog llawn amser): Gweinyddes Eglwys a Gweinidog Cynorthwyol.
Oherwydd oedi yn sefydlu taliadau gyda Stewardship
-
Derbynnwyd dwy fis o gyflog (drwy law Stewardship) ym mis Hydref
-
Talwyd y Gweinidog Cynorthwyol cyfanswm o £1000 ym mist Medi-Hydref o’r cyfrif Cyffredinol cyn i daliadau Stewardship ddechrau ym mis Hydref
Yn y ddwy achos, ystyrwyd goblygiadau pensiwn, treth a NI yn dilyn yr oedi hyn
10. Gweinidogaethau Eraill (£)
Pregethwyr Gwadd 770.00 Cyfanswm Costau gweinidogaethau eraill 770.00
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11. Digwyddiadau efengylol (£)
| Bwyd Pasg | 25.00 | (gweler nodyn 2: £10.00 tuag at) |
|---|---|---|
| Llyfrau Pasg | 115.00 | |
| Deunyddiau Crefft Pasg | 49.85 | |
| Cerdiau Pasg | 28.85 | |
| Ffilm y Pasg | 9.99 | |
| Blodau’r pasg | 10.00 | |
| Hurio neuadd chwaraeon PCYDDS I’r pêl droed | 108.00 | (gweler nodyn 2: 71.00 tuag at) |
| Xcel Bowl | 140.00 | (gweler nodyn 2: £105.00 tuag |
| at) | ||
| Deunyddiau ‘Crafternoon’ | 61.15 | (gweler nodyn 2: £70.50 tuag at) |
| Pecynnau ffair y glas PCYDDS | 30.00 | |
| Llyfrau ffair y glas PCYDDS | 100.00 | |
| Lleoliad parti Goleuni | 60.00 | |
| Sparklers parti Goleuni | 36.95 | |
| Llyfrau parti Goleuni | 62.00 | |
| Bwyd y Te Mefus | 84.36 | |
| Llyfrau’r Te Mefus | 89.75 | |
| Bwyd Nadolig | 108.00 | |
| Deunyddiau hyrwyddo Nadolig | 163.56 | |
| Cerdiau Nadolig | 212.00 | |
| Cyfanswm Costau digwyddiadau efengylol | 1,494.46 |
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12. Costau gweithredol arall (£)
| CCLI | 607.37 |
|---|---|
| WorshipTools | 242.14 |
| Zoom | 187.08 |
| Office 365 | 73.99 |
| Churchsuite | 280.57 |
| Google drive | 15.99 |
| Offer Cyfieithu | 35.30 |
| Microphones | 197.76 |
| Clawr i’r Mac mini | 27.99 |
| Gwifrau Technoleg | 10.98 |
| Cable tidy | 6.99 |
| Inc i’r argraffwr | 51.96 |
| Papur I’r argraffwr | 88.86 |
| Offer Swyddfa | 62.06 |
| Beibl | 34.48 |
| Llyfrau’r clwb llyfr | 109.80 |
| Cylchgrawn Efengylaidd | 52.20 |
| Baneri | 87.42 |
| Posteri | 44.48 |
| Offer Gegin | 251.48 |
| Mygiau | 57.56 |
| Cyfrifwyr LHP | 600.00 |
| HSBC | 101.00 |
| Postio Siec | 7.95 |
| Addurniadau Nadolig | 95.39 |
| Bwyd ar gyfer digwyddiadau | 269.16 |
| Cyfanswm y costau gweithredol arall | 3,599.96 |
10
13. Costau cynnal a chadw (£)
| Glanhawr | 1,240.00 |
|---|---|
| Cwmni glanhau | 364.00 |
| Deunyddiau glanhau | 27.74 |
| Chwynnu | 32.50 |
| Gwasanaethu’r offer wrth dân | 57.54 |
| Gwasanaethu'r bwyler | 200.00 |
| Gwaith ar drydan y capel | 598.80 |
| Adroddiad diogelwch tân y Capel | 325.00 |
| Oergell | 199.00 |
| Set toiled | 19.99 |
| Carped ‘heavy duty’ | 89.97 |
| Cloeion I’r giatiau | 54.94 |
| Bin y Gegin | 30.50 |
| Byrddau sy’n plygu | 39.98 |
| Clustogau I’r cadeiriau | 363.78 |
| Utility Warehouse | 12,899.57 |
| BT | 353.88 |
| Dŵr Cymru Welsh Water | 271.56 |
| Yswiriant yr Eglwys | 493.86 |
| Yswiriant y Tŷ | 436.43 |
| Treth y cyngor (No. 18) | 1,326.55 |
| Utility Warehouse (No. 18) | 252.37 |
| Ffioedd cyfreithiol | 359.40 |
| Deunyddiau pacio | 48.72 |
| Bocsys storio | 236.95 |
| ‘Beyond Storage’ | 824.80 |
| Llyfrgell Caerfyddin | 712.00 |
| Pafiliwn Abergwili | 45.00 |
| Cerbyn yr Eglwys | 9,800.00 |
| Yswiriant I’r cerbyd | 807.02 |
| Treth | 305.00 |
| Tannwydd | 50.00 |
| Cyfanswm y costau cynnal a chadw | 32,866.85 |
11
13. Swm a aeth i achosion eraill (£)
| Operation Mobilisation | 3680.00 | |
|---|---|---|
| Wycliffe Bible Translators | 1800.00 | |
| UFM Worldwide | 900.00 | |
| Undeb y Bedyddwyr | 960.00 | |
| Cymdeithas y Beibl | 500.00(gweler nodyn 6: £250.00 tuag at) | |
| BMS (Baptist Missionary Society) | 500.00 (gweler nodyn 6: £80.00 tuag at) | |
| Undeb Bedyddwyr Cymru Gorllewin Caerfyrddin | 96.00 | |
| Clwb Gig | 10.00 | |
| Cyfanswm a aeth I achosion eraill | 8,446.00 | |
| 5. Gwaith Plant (£) | ||
| Deunyddiau crefft | 81.19 | |
| Gwersylloedd | 605.00 | |
| Anrhegion Pasg | 45.00 | |
| Deunyddiau Pasg ysgol Bro Myrddin | 28.54 | |
| Cyfanswm y gwaith plant | 759.73 | |
| 6. Trosglwyddiadau I’r Cyfrif Cynilo Savings Account | (£) | |
| Arian o werthiant adeiladau | 269,583.80 | (gweler nodyn 4) |
| Cronfa Hyfforddi Gwenidogaethol | 41,635.75 | (gweler nodyn 20) |
| Cronfa Wrth Gefn | 49,124.68 | (gweler nodyn 20) |
| Cronfa Ymddirediolaeth David Hinds & Catherine | 2,213.77 | (gweler nodyn 20) |
| Jones | ||
| Cyfanswm y trosglwyddiadau | 362,558.00 | |
| 7. Rhoddion (£) | ||
| Rhodd diolch | 150.00 | |
| Rhodd gadael | 22.70 | |
| Cyfanswm y rhoddion | 172.70 |
15. Gwaith Plant (£)
16. Trosglwyddiadau I’r Cyfrif Cynilo Savings Account (£)
17. Rhoddion (£)
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18. Trosglwyddiadau i'r Cyfrif Cyffredinol
Trosglwyddwyn cyfanrwydd o’r arian o gyfrif rhif 2 i’r Cyfrif cyffredinol: £3,644.25
19. Llog ar y cyfrif wrth gefn newydd (CAMBRIDGE & COUNTIES)
Caiff y Llog is ei rannu yn gyfrannol rhwg Cronfa Ymddirediolaeth David Hinds & Catherine Jones(3.71%), Cronfa Wrth Gefn (27%) a’r Cronfa Hyfforddi Gwenidogaethol (69.29%) isod:
| Cronfa Hyfforddi Gwenidogaethol | 1,635.75 |
|---|---|
| Cronfa Wrth Gefn | 637.29 |
| Cronfa Ymddirediolaeth David Hinds & Catherine | 87.55 |
| Jones | |
| Cyfanswm y llog | 2,360.59 |
| 0. Trosglwyddiadau i'r Cyfrif Cyffredinol (£) | |
| Cronfa Hyfforddi Gwenidogaethol | 41,635.75 |
| Cronfa Wrth Gefn | 16,144.35 |
| Cronfa Ymddirediolaeth David Hinds & Catherine | 2,213.77 |
| Jones | |
| Cyfanswm y trosglwyddiadau | 59,993.87 |
20. Trosglwyddiadau i'r Cyfrif Cyffredinol (£)
21. Llog ar gyfrif cynilo (UNITED TRUST BANK)
Caiff y cyfrif ag adnabyddir fel “Cronfa Adeiladau" yn natganiad ariannol 2023 ei adnabod fel y Cyfrif cynilo.
Caiff y llog ei rannu yn gyfrannol rhwng yr Arian o werthiant adeiladau, Cronfa Hyfforddi Gwenidogaethol, Cronfa Wrth Gefn a’r Cronfa Ymddirediolaeth David Hinds & Catherine Jones wrth ystyried faint o arian, hyd mae wedi bod yno a chyfradd y llog fel y gwelir isod:
| Arian o werthiant adeiladau | 7,109.00 |
|---|---|
| Cronfa Hyfforddi Gwenidogaethol | 1,050.00 |
| Cronfa Wrth Gefn | 326.00 |
| Cronfa Ymddirediolaeth David Hinds & Catherine | 12.65 |
| Jones | |
| Cyfanswm y llog | 8,497.65 |
13
22. Cyfanswm y asedau
Yn ychwanegol i’r asedau ariannol a ddelir, mae gan yr Eglwys yr asedau canlynol:
-
Cerbyd
-
Eitemau wedi eu storio (Dodrefn ac offer)
Roedd gan yr eglwys berchnogaeth o’r asedau canlynol o ddechrau 2024 hyd I werthiant yr asedau ym mis Awst a mis Medi
- Tir yr eglwys (Capel, festri a’r mynwent) wedi ei leoli ar stryd y prior
18 Stryd y Prior, Caerfyrddin
14
EGLWYS PENUEL CHURCH, CARMARTHEN
FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
GENERAL RECEIPTS & PAYMENT ACCOUNT
| Receipts (£) | 2024 | 2023 | Note |
|---|---|---|---|
| General giving | 68,427.41 | 67,175.00 | |
| Other giving | 404.00 | 710.35 | 2 |
| Income tax recovered on gifts | 11,865.29 | 29,141.38 | 3 |
| Sales | 269,583.80 | 132,045.05 | 4 |
| Transfers from other accounts | 63,638.13 | 15,507.06 | 5 |
| Raised for other causes | 330.00 | 460.00 | 6 |
| Donations | 0.00 | 60,000.00 | |
| Repayments | 565.97 | 414.51 | 7 |
| Total receipts | 414,814.60 | 305,453.35 | |
| Payments (£) | 2024 | 2023 | Note |
| Church Staff | 42,566.48 | 35,388.35 | 8 |
| Other ministry | 770.00 | 880.00 | 10 |
| Outreach | 1,494.46 | 3,214.46 | 11 |
| Other operational costs | 3,599.96 | 6,704.75 | 12 |
| Upkeep of buildings | 32,866.85 | 20,874.62 | 13 |
| Amount passed to other causes | 8,446.00 | 6,486.00 | 14 |
| Children’s work | 759.73 | 60.44 | 15 |
| Transfers to Savings Account | 362,558.00 | 0.00 | 16 |
| Transfers to No.2 Account | 0.00 | 60.44 | |
| Transfers to (new) Reserve Account | 0.00 | 57,633.28 | |
| Transfers to Building Fund Account | 0.00 | 152,045.05 | |
| Gifts | 172.70 | 151.94 | 17 |
| Total payments | 453,234.18 | 283,438.89 |
Total payments
Net receipts / (payments) for 2024 Excluding funds transfers
-£38,419.58
£260,500.29
Cash balance at 31 December 2023 Cash balance at 31 December 2024 of which, Sunday School
£84,383.86 £45,964.28 £3,185.57
15
NO. 2 ACCOUNT (SUNDAY SCHOOL)
| Receipts (£) | 2024 | 2023 | Note |
|---|---|---|---|
| Transfers from General Account | 0.00 | 60.44 | |
| Mwncis Myrddin loose cash | 0.00 | 10.35 | |
| Total receipts | 0.00 | 70.79 | |
| Payments (£) | 2024 | 2023 | Note |
| Camps | 62.50 | 825.00 | |
| Sunday School craft materials | 50.47 | 226.79 | |
| HSBC | 5.00 | 60.44 | |
| Transfers to General Account | 3,644.26 | - | 18 |
| Total payments | 3,762.23 | 1112.23 | |
| Net receipts / (payments) for 2024 | -£3,762.23 | ||
| Excluding funds transfers | -£117.97 | ||
| Cash balance at 31 December 2023 | £3,762.23 | ||
| Cash balance at account closure | £0.00 |
16
(NEW) RESERVE ACCOUNT (CAMBRIDGE & COUNTIES)
| Receipts (£) | 2024 | 2023 | Note |
|---|---|---|---|
| Interest | 2,360.59 | 0.00 | 19 |
| Transfers from General Account | 0.00 | 57,633.28 | |
| Total receipts | 2,360.59 | 57,633.28 | |
| Payments (£) | 2024 | 2023 | Note |
| Transfers to General Account | 59,993.87 | 0.00 | 20 |
| Total payments | 59,993.87 | 0.00 | |
| Cash balance at 31 December 2023 | £57,633.28 | ||
| of which,Trust Fund | £2,126.22 | ||
| of which,Reserves Fund | £15,507.06 | ||
| of which,Ministry Training Fund | £40,000.00 | ||
| Cash balance at account closure | £0.00 |
17
SAVINGS ACCOUNT
| Receipts (£) | 2024 | 2023 | Note |
|---|---|---|---|
| Transfers from General Account | 362,558.00 | 152,045.05 | 16 |
| Interest | 8,497.65 | 2,069.85 | 21 |
| Total receipts | 371,055.65 | 154,114.90 | |
| Cash balance at 31 December 2023 | £154,114.90 | ||
| of which,Money From Building Sales | £133,845.82 | ||
| of which,Ministry Training Fund | £20,269.08 | ||
| Cash balance at 31 December 2024 | £525,170.55 | ||
| of which,Money From Building Sales | £410,538.62 | ||
| of which,Ministry Training Fund | £62,954.83 | ||
| of which,Reserves Fund | £49,450.68 | ||
| of which,Trust Fund | £2,226.42 |
18
STATEMENT OF CASH ASSETS AND LIABILITIES AT 31 DECEMBER 2024
| Cash assets (£) | 2024 | 2023 | Note |
|---|---|---|---|
| General Current Account | 38,419.58 | 84,383.86 | |
| No. 2 Account (Sunday School) (closed) | 0.00 | 3,762.23 | |
| Reserve Account (closed) | 0.00 | 57,633.28 | |
| Savings Account | 525,170.55 | 154,114.90 | |
| Total assets | 563,590.13 | 299,894.27 |
Net increase on 2023: £263,695.86
19
NOTES TO THE ACCOUNTS
1. Basis of accounts
These accounts have been prepared on a ‘receipts and payments’ basis in accordance with the Charities Act.
2. Other giving (£)
Restricted giving towards outreach activities and church trips and Sunday School resources.
| Towards Easter outreach food | 10.00 | (see note 11) |
|---|---|---|
| Towards church bowling trip | 105.00 | (see note 11) |
| Towards football venue hire | 71.00 | (see note 11) |
| Towards ‘crafternoon’ materials | 70.50 | (see note 11) |
| Towards Sunday School Resources | 147.50 | |
| Total of other giving | 404.00 |
The money received towards 'crafternoon' materials exceeded the payments made for 'crafternoon' materials. The remaining money (£9.35) will be used towards future 'crafternoon' events.
3. Income tax recovered on gifts (£)
Received from HMRC via Gift Aid for the calendar years listed below.
| Gift Aid (2023) | 11,865.29 |
|---|---|
| Total income tax recovered on gifts | 11,865.29 |
4. Sale of property
Sale of the Chapel and Vestry owned by the church (Penuel Chapel, Priory Street, Carmarthen) in August 2024: £137,025.80
Sale of a house owned by the church (18 Priory Street, Carmarthen) in September 2024: £132,558.00
The trustees have agreed that the total sum received from these sales will be designated for the church’s building fund - ‘Money From Building Sales’.
| 5. Transfers from other accounts (£) | ||
|---|---|---|
| Balance at No.2 Account closure | 3,644.26 | (see note 18) |
| Balance at Reserve Account closure | 59,993.87 | (see note 20) |
| Total transfers | 63,638.13 |
20
6. Raised for other causes (£)
| Bible Society | 250.00 | (see note 14) |
|---|---|---|
| BMS (Baptist Missionary Society) | 80.00 | (see note 14) |
| Total raised for other causes | 330.00 | |
| . Repayments (£) | ||
| Dwr Cymru | 189.92 | |
| BT | 24.92 | |
| Council Tax Refund | 351.13 | |
| Total repayments | 565.97 |
7. Repayments (£)
8. Church Staff (£)
| Stewardship (Minister) | 32,302.48 | |
|---|---|---|
| Travel expenses (Nov 2023-Sep 2024) | 1,082.74 | |
| Conference fees | 100.00 | |
| Stewardship (Assistant Minister) | 1,479.52 | (see note 9) |
| Direct payments to Assistant Minister | 1,000.00 | |
| Stewardship (Church Administrator) | 3,455.44 | (see note 9) |
| NEST | 2,543.25 | |
| Stewardship Payroll Fee | 603.05 | |
| Total costs of church staff | 42,566.48 |
9. Staff Payments
From September 2024, the church employed two part-time members of staff (alongside the full-time minister): a Church Administrator and an Assistant Minister.
Due to a delay in setting up payments with Stewardship:
-
The Church Administrator received two months' salary (via Stewardship) in October.
-
The Assistant Minister was paid a total of £1,000 in September-October from the General Account, while Stewardship payments started in November.
In both cases, Stewardship accounted for the pension, tax and NI implications of this delay.
21
| 10. Other ministry (£) | ||
|---|---|---|
| Guest preachers | 770.00 | |
| Total costs of other ministry | 770.00 | |
| 11. Outreach (£) | ||
| Easter food | 25.00 | (see note 2: £10.00 towards) |
| Easter books | 115.00 | |
| Easter craft materials | 49.85 | |
| Easter cards | 28.85 | |
| Easter film | 9.99 | |
| Easter flowers | 10.00 | |
| UWTSD Sports Hall hire football | 108.00 | (see note 2: 71.00 towards) |
| Xcel Bowl | 140.00 | (see note 2: £105.00 towards) |
| ‘Crafternoon’ craft materials | 61.15 | (see note 2: £70.50 towards) |
| UWTSD Welcome Fair packs | 30.00 | |
| UWTSD Welcome Fair books | 100.00 | |
| Light party venue | 60.00 | |
| Light party sparklers | 36.95 | |
| Light party books | 62.00 | |
| Strawberry Tea food | 84.36 | |
| Strawberry Tea books | 89.75 | |
| Christmas food | 108.00 | |
| Christmas publicity materials | 163.56 | |
| Christmas cards | 212.00 | |
| Total costs of outreach | 1,494.46 |
22
12. Other operational costs (£)
| CCLI | 607.37 |
|---|---|
| WorshipTools | 242.14 |
| Zoom | 187.08 |
| Office 365 | 73.99 |
| Churchsuite | 280.57 |
| Google drive | 15.99 |
| Translation equipment | 35.30 |
| Microphones | 197.76 |
| Mac mini cover | 27.99 |
| Tech cables | 10.98 |
| Cable tidy | 6.99 |
| Printer ink | 51.96 |
| Printer paper | 88.86 |
| Stationery items | 62.06 |
| Bible | 34.48 |
| Book club books | 109.80 |
| EMW magazines | 52.20 |
| Roller banners | 87.42 |
| Posters | 44.48 |
| Kitchen supplies | 251.48 |
| Mugs | 57.56 |
| LHP Accountants | 600.00 |
| HSBC | 101.00 |
| Cheque postage | 7.95 |
| Christmas decorations | 95.39 |
| Food for events | 269.16 |
| Total other operational costs | 3,599.96 |
23
13. Upkeep of buildings (£)
| Cleaner | 1,240.00 |
|---|---|
| Cleaning company | 364.00 |
| Cleaning supplies | 27.74 |
| Weeding | 32.50 |
| Fire extinguisher service | 57.54 |
| Boiler service | 200.00 |
| Chapel electrics | 598.80 |
| Chapel fire safety report | 325.00 |
| Fridge | 199.00 |
| Toilet seat | 19.99 |
| Heavy duty carpets | 89.97 |
| Gate locks | 54.94 |
| Kitchen bin | 30.50 |
| Fold up tables | 39.98 |
| Chair cushions | 363.78 |
| Utility Warehouse | 12,899.57 |
| BT | 353.88 |
| Dŵr Cymru Welsh Water | 271.56 |
| Church insurance | 493.86 |
| House insurance | 436.43 |
| Council Tax (No. 18) | 1,326.55 |
| Utility Warehouse (No. 18) | 252.37 |
| Legal fees | 359.40 |
| Packing materials | 48.72 |
| Storage boxes | 236.95 |
| Beyond Storage | 824.80 |
| Carmarthen Library | 712.00 |
| Abergwili Pavilion | 45.00 |
| Vehicle Purchase | 9,800.00 |
| Insurance | 807.02 |
| Tax | 305.00 |
| Fuel | 50.00 |
| Total upkeep costs | 32,866.85 |
24
14. Amount passed to other causes (£)
| Operation Mobilisation | 3680.00 | |
|---|---|---|
| Wycliffe Bible Translators | 1800.00 | |
| UFM Worldwide | 900.00 | |
| Baptist Union of Wales | 960.00 | |
| Bible Society | 500.00 | (see note 6: £250.00 towards) |
| BMS (Baptist Missionary Society) | 500.00 | (see note 6: £80.00 towards) |
| Baptist Union of Wales West Carmarthenshire | 96.00 | |
| Clwb Gig | 10.00 | |
| Total passed to other causes | 8,446.00 | |
| 15. Children’s Work (£) | ||
| Craft materials | 81.19 | |
| Camps | 605.00 | |
| Easter presents | 45.00 | |
| Bro Myrddin CU Easter Supplies | 28.54 | |
| Total Sunday School expenses | 759.73 | |
| 16. Transfers to Savings Account (£) | ||
| Money From Building Sales | 269,583.80 | (see note 4) |
| Ministry Training Fund | 41,635.75 | (see note 20) |
| Reserves Fund | 49,124.68 | (see note 20) |
| David Hinds & Catherine Jones Trust Fund | 2,213.77 | (see note 20) |
| Total transfers | 362,558.00 | |
| 17. Gifts (£) | ||
| Thank you gift | 150.00 | |
| Leaving gift | 22.70 | |
| Total gifts | 172.70 |
18. Transfers to General Account
Transfer of the total balance of the No. 2 Account to the General Account: £3,644.25
25
19. Interest on (New) Reserve Account (CAMBRIDGE & COUNTIES)
Interest is split proportionally between the David Hinds & Catherine Jones Trust Fund (3.71%), the Reserves Fund (27%) and the Ministry Training Fund (69.29%) as follows:
| Ministry Training Fund | 1,635.75 |
|---|---|
| Reserves Fund | 637.29 |
| David Hinds & Catherine Jones Trust Fund | 87.55 |
| Total interest | 2,360.59 |
20. Transfers to General Account (£)
Transfer of the total balance of the (New) Reserve Account to the General Account
| Ministry Training Fund | 41,635.75 |
|---|---|
| Reserves Fund | 16,144.35 |
| David Hinds & Catherine Jones Trust Fund | 2,213.77 |
| Total transfers | 59,993.87 |
21. Interest on Savings Account (UNITED TRUST BANK)
The account known as the "Building Fund Account" in the 2023 Financial Statement is now known as the "Savings Account"
Interest is split proportionally between the Money From Building Sales, the Ministry Training Fund, Reserves Fund and the David Hinds & Catherine Jones Trust Fund taking into account the amount, length of time and account interest rate as follows:
| Money from Building Sales | 7,109.00 |
|---|---|
| Ministry Training Fund | 1,050.00 |
| Reserves Fund | 326.00 |
| David Hinds & Catherine Jones Trust Fund | 12.65 |
| Total interest | 8,497.65 |
22. Total assets
In addition to the total cash assets held, the church has the following assets:
-
Vehicle
-
Contents in storage (furniture and equipment)
The church also had the following assets from the beginning of the 2024 calendar year until the assets’ sales in August and September 2024 respectively:
-
The church’s premises (chapel, vestry and burial ground) at Priory Street, Carmarthen
-
18 Priory Street, Carmarthen
26
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Independent Examinerfs Report Report to the trustees Cttar,Ii Name Penuel Baptist Chapel On accounts for the year ended 31st December 2024 Charity no lif any) 238795 Set out on pages 26 {rmber io indudÈ lh paye nLmibers of additional sheelsl I report to the trustees on my examination of the accounts of th8 above charity (°th8 Trusf) for the year ended 31112 12024. 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 he Acr). I report in respect of my examination of the Trust's accounts carried out under section 133 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under seGtion 145(5)(b) of the Ad. Independent I have completed my examination. I confinn that no material matters have examinerfs statement come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect". the accounting records were not kept in accordan with section 130 of the Charities Ac" or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming the fonn and content of accounts set out in the Chartties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fairf view which is not a matter onsidered as part of an independent examination. I have no conoms and have come a¢ross no other matters in connection wtth the examination to which attention should be drawn in this report in order to enable a proper understandir7g of the accounts to be reached. Plèa delete the WolS in the brackets rfthey do not apply. Signed: Date: 28 25 Name: Relevant professional quallfication(s) or body (if anyl: Address: LHP Accountsnts LSYS Deri, Parc Pensam Camiarthen, SA312NF
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of chartty accounts.. directions and guidance for examiners). Glve here brief details of any itsms that the examiner wishes to disclos8. NIA