The Ministry Area Council of Beechwood Ministry Area, Newport
The provision of regular worship. The provision of sacred space for personal prayer and contemplation. Pastoral , including visiting the sick and bereaved. Teaching of Christianity through sermon and small groups. The provision of youth clubs with Christian ethos. Promoting the whole mission of the Church in Wales in aiding community cohesion through the provision of activities for all age groups.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £767,596 for the year, significantly reducing its total net assets from £3,156,488 to £2,388,892. Per the trustees' report, unrestricted reserves stand at £1,205,392, while the charity maintains a reserves policy aimed at enabling self-support for a considerable amount of time. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity considers that the reserves should enable the charity to be self supporting for a considerable amount of time bearing in mind that approximately 50% of the charity's reserves are held in restricted funds.” — page 5
“During the year the charity spent £1,186 on printing services provided by Woodside Joinery (Staircases) Limited, a company controlled by Mr T Ford, trustee.” — page 28
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- The Revd Canon David Charles Matthewschair
- Amanda Jane Berry
- Cecilia Lise Anais Phillips
- Gary James Helkvist
- Patricia Vanessa Ward
- Philippa Dixey
- Rev Kay Denly
- Rev Linda Batt
- Rev SUSAN AVARINA PRATTEN
- Rev Samuel James Helkvist
- Sarah Louise Purnell-Davis
- Timothy Ford
- Wendy Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £774k | £1.7m |
| 31/12/2023 | £446k | £573k |
| 31/12/2022 | £2.3m | £467k |
| 31/12/2021 | £167k | £185k |
| 31/12/2020 | £121k | £139k |
Common questions
Is The Ministry Area Council of Beechwood Ministry Area, Newport financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £767,596 for the year, significantly reducing its total net assets from £3,156,488 to £2,388,892. Per the trustees' report, unrestricted reserves stand at £1,205,392, while the charity maintains a reserves policy aimed at enabling self-support for a considerable amount of time. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.