Eglwys Penuel Church
Gospel-centred bilingual services. Children and Young People Clubs. Bible Classes and Sunday Schools. Prayer meetings. Mission meetings. "TLC" Lunchtime talks. Supporting good causes in the local area, Carmarthenshire, Wales and worldwide.
Financial health, per its FY2024 accounts
The accounts state that total reserves stood at £525,170.55 as of 31 December 2024, significantly exceeding the trustees' stated policy target of £35,000 to £40,000. The charity reported a net decrease in cash excluding transfers of £38,419.58, driven largely by the sale of church property and subsequent transfers to the savings account.
What the accounts disclose
“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.” — page 3
Register events
- Received assets from another charity (04/07/2025)
- Received assets from another charity (23/08/2023)
Trustees
- Geraint Lloyd
- Glyn Griffiths
- Jonathan Williams
- Mark Neubert
- Rev Dafydd Aron Treharne
- Sam Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £426k | £453k |
| 31/12/2023 | £305k | £283k |
| 31/12/2022 | £57k | £65k |
| 31/12/2021 | £67k | £53k |
| 31/12/2020 | £70k | £62k |
Common questions
Is Eglwys Penuel Church financially healthy?
Per its FY2024 accounts: The accounts state that total reserves stood at £525,170.55 as of 31 December 2024, significantly exceeding the trustees' stated policy target of £35,000 to £40,000. The charity reported a net decrease in cash excluding transfers of £38,419.58, driven largely by the sale of church property and subsequent transfers to the savings account. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MANCHESTER GUARDIAN SOCIETY CHARITABLE TRUST | 1 | £2k |
Charities like this
- EGLWYS EFENGYLAIDD CAERFYRDDIN
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH PENNINGTON (MANCHESTER DIOCESE)
- TABERNACLE BAPTIST CHURCH, PENARTH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, PENWORTHAM
- CARLTON PENTECOSTAL CHURCH
- PENARTH EVANGELICAL CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Eglwys Penuel Church | £426k | — | 0 | unclear | — | no doubt |
| EGLWYS EFENGYLAIDD CAERFYRDDIN | £122k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH PENNINGTON (MANCHESTER DIOCESE) | £214k | — | 0 | within | — | no doubt |
| TABERNACLE BAPTIST CHURCH, PENARTH | £240k | £40,001 - £50,000 | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, PENWORTHAM | £105k | — | 0 | below | — | no doubt |
| CARLTON PENTECOSTAL CHURCH | £741k | Under £60,000 | 0 | unclear | — | no doubt |