THE GLYN NEST BAPTIST HOME

Registered charity 1160563 · accounts filings on the Charity Commission register · also known as GLYN NEST CARTREF Y BEDYDDWYR; GLYN NEST BAPTIST HOME

Residential Home for the Aged

Objects

THE TRUSTEES SHALL STAND POSSESSED OF THE PROPERTY AND ALL FUNDS AND OTHER ASSETS PRESENTLY HELD BY THEM FOR OR IN CONNECTION WITH THE SAID HOME TOGETHER WITH ANY ACCRETIONS THERETO AND INCOME THEREFROM AND ALL PROPERTY FOR THE TIME BEING REPRESENTING THE SAME (HEREINAFTER CALLED 'THE TRUST FUND') UPON TRUST TO PAY OR APPLY THE SAME (WITHOUT DISTINCTION BETWEEN CAPITAL AND INCOME) TO THE CHARITABLE WORK OF THE WELSH BAPTIST DENOMINATION FOR THE RELIEF OF THE AGED AND THE RELIEF OF THE INFIRM AND WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING THE ESTABLISHMENT AND MAINTENANCE OF RESIDENTIAL OR OTHER ACCOMMODATION OF ANY KIND AND ANY AMENITIES TO BE ENJOYED IN CONNECTION OR ASSOCIATION THEREWITH FOR THE RELIEF OF AGED AND/OR INFIRM PERSONS IN NEED THEREOF IN SUCH FORM AND UPON SUCH TERMS AND CONDITIONS AS THE TRUSTEES SHALL FROM TIME TO TIME DETERMINE UNTIL SUCH TIME AS THE ASSEMBLIES SHALL JOINTLY OR IF MEETING SEPARATELY SHALL BOTH OTHERWISE BY IDENTICAL RESOLUTION DETERMINE AND THEREAFTER FOR SUCH PURPOSES IN CONNECTION WITH THE PROMOTION OF THE CHARITABLE OBJECTS OF THE UNION AS THE ASSEMBLIES SHALL JOINTLY OR IF MEETING SEPARATELY SHALL BOTH BY RESOLUTION DIRECT.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · Accommodation/housing · Religious Activities · Recreation · website · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit of £60,163 for the year ended 31 December 2024, driven by increased agency staff costs. Per the trustees' report, unrestricted reserves stood at £1,646,345, which is above the stated policy target of £300,000. The financial statements were prepared on a basis other than going concern due to the planned transfer of assets to a new company.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Ellis Lloyd Jones Audit Limited. Discloses 5 of 6 completeness components.

Year-over-year changes

• Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

In its annual return the charity told the Commission it is also regulated by: Care Inspectorate Wales (CIW). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Campaigns and political activity policy and procedures
• Complaints handling
• Complaints policy and procedures
• Engaging external speakers at charity events policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Structured financials (annual return, FY ending 31/12/2024)

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

• THE WELSH BAPTIST UNION CORPORATION LIMITED · trustee of 2 other charities

Trustee list from the Charity Commission register (current, not historical).

Operates in: Carmarthenshire

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GLORY HOUSE.

• GLORY HOUSE income £809k
• GABALFA BAPTIST CHURCH AND MANSE income £181k
• THE ALMSHOUSE OF ST JOHN THE BAPTIST AND ST JOHN THE EVANGELIST income £160k
• GLYNDON COMMUNITY GROUP income £221k
• Boulton Cottage Homes Trust income £163k
• BRYONY HOUSE LIMITED income £1.2m

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.