**REGISTERED CHARITY NUMBER: 515271**
## **REPORT OF THE TRUSTEES AND**
## **UNADITED FINANCIAL STATEMENT FOR THE**
**YEAR ENDED 31 MARCH 2021**
## **FOR**
## **PONTYPRIDD CHRISTIAN CONCERN**
**Paul Westwood FCCA**
**37 Bonvilston Road**
**Pontypridd Rhondda Cynon Taff CF37 4RE**
## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|**1 to 4**|
|**Independent Examiner’s Report**|**5**|
|**Statement of Financial Activities**|**6**|
|**Balance Sheet**|**7**|
|**Notes to the Financial Statements**|**7 to 11**|
## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. 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 applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES Objectives and aims Pontypridd Christian Concern is a Registered Charity No 515271 set up to advance Christian Religion by encouraging Christians to think Biblically and to apply Biblical principles to every aspect of life, by the encouragement of missionary work and the relief of poverty.
The Constitution was formerly adopted on 23rd May 1984.
In furtherance of the above object but not further or otherwise, PCC may:
## (i) Establish centres for Christian counselling and outreach;
(ii) Employ and remunerate staff not being a member of the committee and make all reasonable and necessary provision of the payment pf pensions and superannuation to or on behalf of employees and their widows and other dependents;
(iii) Raise funds by way of contributions, subscriptions, donations, grants or any other lawful method for or towards the purpose of PCC, but no form of permanent trading shall be undertaken;
(iv) Do all such lawful things as are necessary for the attainment of the objects.
ACHIEVEMENT AND PERFORMANCE This year saw a continuation of the charity's work on a number of fronts as detailed in this report. Developments have been made in our links with Pembrokeshire and with other groups.
## Young people
PCC led youth activities, designed to develop life skills faith and character continued during the year. PCY (Pontypridd Christian Youth) continued to meet at various locations on a Friday evening during term time, mixing evening of Bible study with social events and a weekend away.
## Premises
The premises in Church Street, Pontypridd continue to be the focus for a range of activities during the year. These include the book and craft shop and occasional youth activities.
PCC continued to support the book and craft shop with the condition that Harvest uses it within the objectives and aims of PCC. The shop is a standalone operation maintaining its own books and records insurances fixtures and fittings. PCC supports the shop by providing rent free premises water rates. The shop covers the cost of the other utilities with the employment costs being shared with PCC.
## Work in the Community
The Youth Worker has continued to be an integral part of the various youth activities in Pontypridd and to focus on work at Rhydyfelin. He arranges and leads the summer youth camp and visits local primary schools to take assemblies.
## Pontypridd Flood Appeal
In February 2020 the River Taff caused extensive flooding to families who lived in properties near the River Taff, an appeal was set up to help families affected by the flood, and funds raised have been grant to them via the Council.
## World Focus
Fund raising to support children's work in South America continued with the proceeds being earmarked to support the Nandejara children's homes in Paraguay. The home currently has 12 children resident along with 2 Adults with learning difficulties.
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
FINANCIAL REVIEW Reserves policy At the end of this financial year the level of reserves was £252,036 (2020: £275,317). However, the available funds after excluding fixed assets, the associated loans and restricted funds is £71,762 (2020: £95,043).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Pontypridd Christian Concern is a Registered Charity No 515271 set up to advance Christian Religion by encouraging Christians to think Biblically and to apply Biblical principles to every aspect of life, by the encouragement of missionary work and the relief of poverty.
The Constitution was formerly adopted on 23rd May 1984.
Recruitment and appointment of new trustees These shall be appointed by the General Committee and shall be not less than four in number. The General Committee has the right to remove a trustee should a trustee commit a breach of trust. All decisions of the trustees are to carried by a simply majority.
All trustees must signify annually in writing the acceptance of doctrinal basis of Pontypridd Christian Concern.
## **Organisational structure**
The General Committee appoints trustees. Trustees responsible for the Charity during 2020 - 2021 were :
Mr G W Herbert Dr G Lloyd Mr J Phillips Mr A Southgate Mrs E Davies Dr K Hughes Mr H Smith
The Committee members for 2020 - 2021 were as follows:
Dr G Lloyd Chairperson Dr K Hughes Secretary Mr A Southgate Treasurer Dr G Lloyd Public Relation Officer
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 515271**
## **Principal address**
6 Ralph Street Pontypridd CF37 4RS
## **Trustees**
Mr A M Southgate Mr G W Herbert Mr J Phillips Dr G Lloyd Mrs E Davies Dr K Hughes Mr H Smith
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent examiner**
Mr P Westwood
FCCA 37 Bonvilston Road Pontypridd Rhondda Cynon Taff CF37 4RE
Approved by the order of the board of trustees on __________________ and signed on its behalf by:
_______________________ Mr A M Southgate – Trustee
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **Independent examiner's report to the trustees of Pontypridd Christian Concern**
I report to the charity trustees on my examination of the accounts of the Pontypridd Christian Concern (the Trust) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Mr P Westwood FCCA 37 Bonvilston Road Pontypridd Rhondda Cynon Taff CF37 4RE
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
**----- Start of picture text -----**
Total Total
Unrestricted Restricted funds funds
fund funds 31/03/21 31/03/20
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,529 21,495 32,024 32,979
Grants (Job Retention Scheme) - 21,677 21,677 -
Investment income 2 - - - 973
Total 10,529 43,172 53,701 33,952
EXPENDITURE ON
Charitable activities 19,162 57,820 76,982 36,621
Charitable activities - - - -
Total 19,162 57,820 76982 36,621
NET INCOME/(EXPENDITURE) (8,633) (14,648) (23,281) (2,669)
BEFORE TRANSFERS
Transfer between funds 1,010 (1,010) - -
Disposal of Fixed Assets - - - 13,716
NET INCOME/(EXPENDITURE) AFTER (7,623) (15,658) (23,281) (11,047)
TRANSFERS
RECONCILIATION OF FUNDS
Total funds brought forward 256,802 18,515 263,260 263,260
TOTAL FUNDS CARRIED FORWARD 249,179 2,857 252,036 275,317
**----- End of picture text -----**
**Continuing Operations**
All income and expenditure has arisen from continuing activities.
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2021**
**----- Start of picture text -----**
Total Total
Unrestricted Restricted funds funds
fund funds 31/03/21 31/03/20
Notes £ £ £ £
Fixed Assets
Tangible assets 6 180,274 - 180,274 237,500
Current Assets
Debtors 7 19,173 1,542 20,715 19,905
Cash at bank and in hand 49,732 1,315 51,047 76,674
36,632
Creditors
Amounts falling due within one year 8 - - - (1,536)
Net Current Assets 68,905 2,857 71,762 95,043
Total assets less Current Liabilities 249,179 2,857 252,036 275,317
Net Assets 249,179 2,857 252,036 275,317
Funds 9
Unrestrcited funds 249,179 256,802
Restricted funds 2,857 18,515
Total funds 252,036 275,317
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees on ______________________ and were signed on its behalf by:
_______________________ Mr A M Southgate – Trustee
The notes from part of these financial statements
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## 1. Accounting Policies
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
## **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.
Motor vehicles - 25% on reducing balance.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **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.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **2. Investment Income**
|Rental income
Interest on Gift Aid|31/03/21
£
-
-
973|31/03/20
£
932
41
973|
|---|---|---|
## **3. Trustees’ Remuneration and benefits**
There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020
## **4. Staff Costs**
The average monthly number of employees during year was as follows:
||31/03/21|31/03/20|
|---|---|---|
|Charitable activities|5|4|
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **5. Comparatives for the statement of financial activites**
|||Unrestricted|Unrestricted||Restricted|Total funds|
|---|---|---|---|---|---|---|
||||fund||funds||
||||£||£|£|
|**INCOME AND ENDOWMENTS FROM**|||||||
|Donations and legacies|||10,529||21,495|32,024|
|Grants (Job Retention Scheme)|||-||21,677|21,677|
|Investment income|||-||-|-|
|**Total**|||10,529||43,172|53,701|
|**EXPENDITURE ON**|||||||
|**Charitable activities**|||||||
|Charitable activities|||19,162||57,820|76,982|
|**Total**|||19,162||57,820|76,982|
|**NET INCOME/(EXPENDITURE) BEFORE TRANSFERS**|||(8,633)||(14,648)|(23,281)|
|**Transfer between funds**|||1,010||(1,010)|-|
|**Disposal on Fixed Assets**|||-||-|-|
|**NET INCOME/(EXPENDITURE) AFTER TRANSFERS**|||(7,623)||(15,658)|(23,281)|
|**RECONCILIATION OF FUNDS**|||||||
|**Total funds brought forward**|||256,802||18,515|275,317|
|**TOTAL FUNDS CARRIED FORWARD**|||249,179||2,857|252,036|
||||||||
|**Tangible Fixed Assets**|||||||
||**Freehold**||**Motor**||||
||**property**||**vehicles**|||**Totals**|
||**£**|||**£**||**£**|
|**Cost**|||||||
|At 1 April 2020 and 31 March 2021|**180,274**||||**-**|**245,461**|
|**Disposal of Fixed Assets**|||**-**||**-**|**(65,187)**|
||**180,274**||||**-**|**180,274**|
|**Depreciation**|||||||
|At 1 April 2020|||**-**||**-**|**7,961**|
|Disposal of Fixed Assets|||**-**||**-**|**(7,961)**|
||||**-**||**-**|**-**|
|**Net book value**|||||||
|**At 31 March 2021**|**180,274**||||**-**|**180,274**|
|**At 31 March 2020**|180,274||||-|180,274|
**6. Tangible Fixed Assets**
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
Freehold properties were revalued at market value in 2008 and the Trustees who consider there have been no material movement since the last external valuation. If freehold land and buildings had not been revalued they would have been included at the following historical cost:
|**7. Debtors: Amounts falling due within one year**
**8. Creditors: Amounts Falling Due within one Year**
**9. Loans**
An analysis of the maturity of the loans is given below:
Cost
Market value of freehold properties
Other debtors
Bank loans and overdrafts (see note 9)
Taxation and social security
Other creditors
Amounts falling due within one year on demand:
Bank overdrafts|31/03/21
£
17,000
180,274
31/03/21
£
20,566
31/03/20
£
-
-
-
-
31/03/21
£
-|31/03/20
£
65,000|
|---|---|---|
|||237,500|
|||31/03/20
£
19,905|
|||31/03/19
£
-
-
1,536
1,536
31/03/20
£
-|
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## **PONTYPRIDD CHRISTIAN CONCERN CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **10. Movement in Funds**
|**Unrestricted funds**
General funds
**Restricted funds**
Children’s Home/Adelfos
Orphan Support (PCC PONT)
Pontypridd Flood Appeal
**Total Funds**|**At 01/04/20**
**£**
**256,802**
**1,367**
**4,237**
**12,913**
**18,516**
**275,318**|**Net**
**movement in**
**funds**
**£**
**(1,764)**
**336**
**(3,080)**
**(12,913)**
**(15,657)**
**(23,280)**|**At 31/03/21**
**£**
**249,179**
**1,703**
**1,157**
**-**|
|---|---|---|---|
||||**2,859**
**252,036**|
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General funds
**Restricted funds**
Children’s Home/Adelfos
Orphan Support (PCC PONT)
Salaries, Tax & NIC
Pontypridd Flood Appeal
**Total Funds**|**Incoming**
**resources**
**£**
**10.529**
**922**
**1,894**
**25,256**
**15,100**
**43,172**
**53,701**|**Resources**
**expended**
**£**
**(24,030)**
**(1,948)**
**(4,974)**
**(22,712)**
**(28,185)**
**(57,820)**
**(76,982)**|**Transfer**
**between funds**
**£**
**1,010**
**1,362**
**-**
**(2,544)**
**172**
**(1,010)**
**-**|**Movement**
**in funds**
**£**
**(7,623)**
**336**
**(3,080)**
**-**
**(12,913)**|
|---|---|---|---|---|
|||||**(15,658)**
**(23,281)**|
Children’s This refers to the funds raising to support the Nandejara children’s home Home/Adelfos in Paraguay. Orphan Support This relates to work undertaken in Mable, Uganda. Whilst work for (PCC PONT) orphans was an early outreach, this has now expanded to a number of initiatives.
Salaries, Tax, NIC This relates to the payments towards staff working as Youth worker and staff at Harvest Books and Crafts.
Pontypridd Flood This relates to the fundraising to support members of the Pontypridd Appeal community affected by the Floods in February 2020.
## **11. Related Party Disclosures**
There were no related party transactions for the year ended 31 March 2021.
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