THOMAS JONES PENCERRIG TRUST CIC

Company limited by guarantee

Company Registration Number:
12841651 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THOMAS JONES PENCERRIG TRUST CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THOMAS JONES PENCERRIG TRUST CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,119 1,864
Total current assets: 1,119 1,864
Creditors: amounts falling due within one year: 3 ( 621 ) 0
Net current assets (liabilities): 498 1,864
Total assets less current liabilities: 498 1,864
Total net assets (liabilities): 498 1,864
Members' funds
Profit and loss account: 498 1,864
Total members' funds: 498 1,864

The notes form part of these financial statements

THOMAS JONES PENCERRIG TRUST CIC

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: A M Yardley
Status: Director

The notes form part of these financial statements

THOMAS JONES PENCERRIG TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THOMAS JONES PENCERRIG TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THOMAS JONES PENCERRIG TRUST CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 621 0
Total 621 0

COMMUNITY INTEREST ANNUAL REPORT

THOMAS JONES PENCERRIG TRUST CIC

Company Number: 12841651 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The aim of the Thomas Jones Pencerrig Trust CIC is “to advance education in the arts for the benefit of the public by the preservation and conservation of the heritage of the Welsh landscape artist Thomas Jones (1742-1803)”. Our asset-locked body is the charity and local history organisation, The Radnorshire Society. The Trust evolved from a group concerned about the abandonment and decay of Pencerrig House and Gardens in Llanelwedd, of historic interest for its association as the home of the notable landscape artist Thomas Jones 1742-1803 and of the extraordinary C19th philanthropist and benefactor, Miss Clara Thomas (1841-1914). The house is a Grade II Listed Building and the garden a Cadw Registered Historic Park and Garden. Over the past 7 years we have spoken to a wide range of interested communities across Radnorshire and beyond including art historians, historic garden specialists, local history groups, Thomas Jones’ biographer, art dealers, built heritage specialists, conservation architects, Powys County Archives and National Library of Wales archivists, descendants of Pencerrig families, the county and community councillors, and local residents who knew it formerly as a much-loved local hotel. There is compelling interest to ‘save Pencerrig for the nation’ and find a sustainable future use for it. The Trust was registered as a CIC in August 2020. During this reporting period (1 January to 31 December 2024) the Trust continued conversations with the Local Authority about grave concerns over the deteriorating condition of Pencerrig and delays in any emergency repairs. Book sales continued to raise awareness of its significant history and in May the authors gave a talk to The Radnorshire Society in Howey Village Hall. Possibilities of supporting a PhD student to conduct research on Pencerrig under the Institute for the Study of Welsh Estates (ISWE) at Bangor University were explored. The District Valuer, the Community Ownership Fund (COF), PAVO, the Architectural Heritage Fund (AHF) and the Heritage Trust Network (HTN) all provided support and advice during the year. Concerned about the lack of progress to save this Welsh heritage asset for the local community and wider Welsh nation, in September the Trust engaged Savills to negotiate with the owners about purchase of the property but without success so far.

Consultation with stakeholders

The company has 3 Trustees interested in heritage, the arts, and building preservation. We plan to expand the Board in future to include a solicitor and conservation architect. Wider stakeholders are art historians, historic garden specialists, Thomas Jones’ biographers, built heritage and conservation specialists, archives and galleries (including the National Library of Wales and National Museum and Gallery of Wales) as well as members of the local community in Radnorshire and Builth Wells. We update those who have expressed interest and support by email. Supporters continue to send stories and photos of Pencerrig during the 1960s, 1970s, and 1980s as well as useful background information.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 September 2025

And signed on behalf of the board by:
Name: A M Yardley
Status: Director