2024-12-31-accounts

Trustees	Mr NPatterson
	MrRSmith
	RevJFGray
	Mrs E Crawford
	RevDCRoberts
	MlsOB Bastille
	RevLRyder	(Appointed9November2024)
Charitynumber	2547l1
Principaladdress	32MonkStreet
	AbelgavennY
	Monmouthshile
	United l(ingdom
	NP7 5NW
Indepertdent examitrer	UHYHackelYoung
	Bradbury House
	Mission Coutt
	Newpott
	Gwent
	United Kingdom
	NP2O2DW
Banhers	l.{ational WestminsterBanh Plc
	9HighStreet
	Abergavenny
	Monmouthshire
	UnitedI(ngdom
	NP75SA

	Urlrestrieted	Urlrestrieted	llestricted	Unrestricted Total	Unrestricted Total	Restricted	Total
		funds	furtds		funds	funds
	Notes	2024 $,	2024 c	2024 *,	2023 *"	2023 *,	2fi?,3 *,
Incomefront: Chalitablsactivities Invesfirents	I 3	34,398 3,912		34,398 3,912	34,827 2,874		34,82"1 2,874
'lbtalincome		38,310		3g,310	37,701		37,"101
[xpenditureon: Charitable activities	4	27,653 1,?55		29,408	45,430	1,755	4',1,185
Total expenditure		27,653 1,755		29,40&	45,430	1,755	47,185
Netgains/(losses)on invesfinents	9		2,022	2,022	780	4,348	5,128
Net income/(exPcnditure)attd rnovenretttin funds		10,657	267	rc,924	(6,949)	2,593	(4,356)
Reconciliationoffunds: FundbalancesatIJanuarY2024		126,297 14,878		141,175	133,246	12,285	145,531
Fundbalancesat31December 2824		t36,g5415,145		152,099	126,297	14,8',18	141,175

		2024		2023
	Notes	*.	f,	i,	s,
Fixedassets Tangibleassets Investments	1l 12		9,061 72,21i		13,592 70,I 90
			81,273		83,782
Currentassets Debtols Cash atbank and inhand	l3	2,536 71,176		2,351 58,986
		73,712		61,33',1
Cleditorslamoulrtsfallingduervithinone
yeat' Otherseditors	14	2,886		3,944
			10,826		57,393
Netcurrentassets
'fotaIassets lesscurrent linbilities			152,099		141,175
The fundsof the charitY Resficteclincomet'unds Uruestlictedfunds	15 16		15,145 ,:y		14,878 126,297
			152,099		14l,l75

	Incomefront charitable activities
		Unrestricted funds Unrestricted ' funds
		2$24 *.	2023 f
	Charitsbleincome	34,398	34,827
	Charitablerental income
3	Investmettts
		2024	?i023
		f.	{.
		714	6',10
	Listedfixedassetinvestmettts	1,588	1,555
	Otherfixedassetinvestments	1,610	649
	Intet'estreceivable
		3,912	2,874
			:

Expettditureoncharitable activities
	Charitable	Charitable
	expeuditure	expenditure
	2024		2023
	I		f,
Dlrectcosts	9,689		8,553
Staffcosts	4,531		4,537
Dgpreciationand imPair:rnent	3,861		3,795
Rent ratssandwater	i,381		1,506
lnsurance	608		551
Sundries	5,794		26,220-
Repairsandrenewals	31,9
Lightandheat	362		342
Telephone	58		98
Printingandstationery
	?,6,643		45,596
Shareofsupportand governancecosts(seenote5)	2,805		1,589
Governance
	29,408		47,1&5
AnalysisbYfund	2-1,653		45,430
Unrestlictedfunds	1,755		1,755
Restrictedfunds
	29,408		47,185

Net movementin{unds	2024 t	2023 *,
Thenetrnovetnentin funds isstatedaftercharging/(crediting):
Feespayableforthe independentexaminationof the charity'sfmancialstatements Depreciationofownedtangible fixedassets	1,817Y	1,556v

fl durintheyearwas:
Theaveragemonthlynumberoempoyees g	ZA24	Z0Z3
	Number	Number
	-::
Ernployrnentcosts	2024 *,	2423 s
Wagesand salaries	9,689 :	8,553

Net gains/(losses)on investments
	Unrestricted	Restricted	Total	Total
	funds	funds	2024	2023
	general
	g	f,	#.	s
Increasei(decrease)inmalketvaiueofinveshnents		2,022	2,022	5,128
Fortheyearended3l December 2023	780	4,348		5,128

Iid
Tangiblereassets	Freehold
	landand
	buildings
	f,
Cost	113,2'14
Ai i.-,.-- '---
	113,274
DepleietinnrndimPairm ent	99,682
At IJanunrY202'l	4,531
Dryecidimcharyed intheYear
	104,273
Carrrtr:;r-un: Atl. -.::-:::l'll	9,061
	t3,5g2

L2	Fil;;:...:ll";!imentS
		Listed		Unlisted	Total
		investmeuts	investmelrts
		s		f,	s,
	Cmtorvdration AtIJmuary2fr24&.31December2024	15,834		54,356	70,190
	Calr.tl.r;:rx-'llllI Ai,_'--;-:	15,834		54,356	70,190
		15,834		54,356	70,I90
13	Debtors			2024	2fr23
	Anrouutslallingduervithinoneyear:			f,	fl
	Prepaln.el's::rxacciued incorne			2,536	2,351
14	Othercreditorsiallingduervithinoneyear			2024	2023
				*.	I
	Accrualsand Ceferredincome			2,886	3,944

		At1JanuarY 2024	At1JanuarY 2024	llesources exPended	Gainsand losses	At31 December 2024
			fl	c	*,	*,
Irr _ --:--- Ll, -: C1.;..:.:,1:.:.:::--,rt:ceReselve -r.--i"i.'.-:r..l::::			4,348 1,771 8,759	Qe4) J:9		6,3'.10 7,477 7,298
			14,878	'(1,755)	2,022	15,145
Pretl:;r"i;rl		At1	JanuarY 2023	Resources expended	Gaitrs and losses	At3l Decembei' 2023
			f.	!.	g	f,
					4,348-	4,348
			2,06; 70,224	Qe4) jt'1")		1,771 8,759
			12,285	(1,755)	4,348	14,8'18

		-:::si:as:d	eout
			At	I	JanuarY ?024	Incoming resourcos	Resources expended	Gains and losse's	At31 December 2924
					f,	fl	f,	t,	f,
L-...--.	-	--			126,297	38,310	Q1,653)		136,954

							(Continued)
16	Unrestrictedfuntls
	Previousyear:	At1JanuarY 2023	Incoming resources	Resources expended	Gains and losses		At3l Decelnber 2023
		I	*,	f,		*,	*,
	Generalfunds	133,246	37,iol	(45,430)		780	126,297
l7	Analysisofnetassetsbetrveen	funds
				Unrestrictecl	llcstricted		Total
				funds		funds
				2824		2A24	2024
				g		f,	f,
	At31December201'l:			286		g,'l'15	9,061
	Tangibleassets lnvestmenfs Current asseli(liariir:ies)			65,342 70,826		6,3-10	'12,212 '10,826
				136,954		15,145	$2,499
				Unrestricted	Restricted		Total
				funds		fsnds
				2023		2A23	2023
				f		g	*,
	At31December2023t Tangibleassets Investments Cur'l'entassets/(liabilities)			3,062 65,842 57,393 126,2,97		10,530 4,348- 14,878	13,592 70,190 57,393,y