Dear Member
Please find enclosed the 2022 balance sheet, a list of bank accounts, invested funds and a brief summary below.
Income from collectons, standing orders and loose collectons
Increased to £10,088.09 as compared to £9,225.93 for 2021.
Sales, Weddings, HMRC refund, Donatons & Xmas Hamper Appeal Increased to £5,371.42 as compared to £4,162.23 for 2021.
Grants Received
Neath & Talbot CBC , Ref: Graig Community Garden £9,981.84 General Assembly, Sustentation Fund Ref: Minister stipend 1.000.00 General Assembly, Welsh Dept Ref: #Blessed 300.00 Flag Trust, Joy Winder Memorial Grant Ref: #Blessed 1,000.00 Neath & Port CBC, Food Poverty Ref: Christmas Food Hampers 500.00 Local Giving, Magic Little Grant Ref: Graig Community Hub & Garden 500.00 Total £ 13,281.84
Local Giving
Income from Local Giving was £874.76 as compared to £2,613.79 for 2021.
Invested Funds
Income increased to £5,674.42 as compared to £5,423.47 for 2021.
Total income & Expenditure re: G&G Current account, G &G Development account, and G & G Garden account 2022 Income = £40,059.82 Expenditure = £29,979.62 Trading gain = £10,080.20 2021 Income = £21,424.42 Expenditure = £29,802.96 Trading loss = £8,378.54
The balance in our current account on 31/12/22 was £7,516.62. £1,699.65 is allocated to #Blessed . On the balance sheet from the accountants it shows Visiting Preachers costing £11,018.27. Actual cost of visiting minister’s and speakers was £1,274.84 and stipend to Rev Rory Castle-Jones was £9,743.75
Our continuing commitment to be involved in the community is reflected in the increase of income and expenditure. This allowed us to increase donations to worthy causes.
The Ukraine fund raising day at Trebanos was a huge success enabling us to donate £4,386.88 to the Dec Ukraine Humanitarian appeal. We also donated £100.00 to Ysgol Maes y Code PTFA, £62.50 to Tir Dewi Charity, £62.50 to D P J Foundation and £100.00 to The Unitarian College. Christmas Gift hampers and toy gifts to the value of £246.89 were made by #blessed and £701.73 worth of Christmas food hamper were distributed locally. Total value of our donations was £5.660.50. Most of this was gifted to us.
In order to identify income & expenditure for the Graig Community Hub & Garden project a separate account has been created.
Bank Saving accounts and Invested Funds
As expected, our invested funds incurred losses of £15,063.38 and therefore our total capital was reduced to £207.779.75 as compared to £218,407.77 for 2021
On 31/12/22 we had £48.803.70 in bank accounts and £158,976.05 invested in charitable funds. Of the £48,000 in bank accounts £30,000 will be invested in a saving account. Without these investments we would have to find additional income of approximately £6,400
The enclosed balance sheet for the General account, Development Fund and the Gellionnen & Graig Garden account has been audited and signed off by Fergusons & Peters, Chartered Accountants, 4 High Street, Pontardawe. They also confirm that the list of bank and Investment Funds balances at 31/12/22 have been reconciled with the bank statements provided. Due to additional work the cost of the audit increased to £396.
I would like to thank everyone for their generous contributions and support. Please contact me if you require any further information
Robert James, Treasurer. 31/07/22
BALANLE SHEET FOR YEAR ENDED 31ST DECEMBER 2022 INCOME EXPENDITURE BIF from 31112121 £ 7.433.54 £ 7,433.54 £161.50 £ 161.50 Ministy Collections Envelopes } Loose Slorders Visib-ng Preachers L11.D18.27 £11,018.27 £ 4.287.09 £ 5.801.00 £ 10,088.09 Repairs Development Repairs Garden Costs Security Charges £ 1,214.35 420.00 £ 1,261.47 155.88 £ 3,051.70 Card Sales Wedding Fees HamperAppeal HMRC Book Sales Insurance Refund Gr2nls Ukraine Appeal Local giving 740.90 550.00 200.00 740.81 779.65 725.29 £ 13,281.94 £ 4,043.48 874.76 £21,936.83 Stationerylslampsl NewsletterlHymn Books 280.96 £ 280.96 GA Quota £ 1,210.00 £ 1,210.00 Subscriptions 95.70 £ 95.70 Donations £ 2.360.06 £ 2.360.06 Building Insurance £ 2,945.02 £ 2,945.02 Investments Funds Dividend5 & Interest M& G Charifund £ 1,588.65 CCLA Coif Ethical £ 3,606.99 BlaGkrock Investment 479.20 £ 5,674.84 Accountancy 336.00 £ 336.00 Utilities Water 226.36 ElectrictylGas £ 1,008.43 £ 1,234.79 Payroll £ 1,774.32 £ 1,774.32 Christmas Cards 169.99 £ 169 99 Grass Cutting 515.00 £ 515.00 Donation £ 4,711.83 £ 4,711.83 Travek 10.00 £ 10.00 AGM Tickets 600.00 £ 600.00 Knotsveed Treatment 225.59 £ 225.59 Xmas HamperslDecoratior £ 1,210.64 £ 1,210.64 Flowers 160.34 £ 160.34 Goods 192.59 £ 192.59 Zoom Meetingslwebsite 218.88 £ 218.88 Deeds 18_00 £ 18.00 Balance at 31112122 £ 7,516.62 £ 7,516.62 Balance at 31112122 526.15 £ 526.15 Balance at 31112122 £ 9.632.47 £ 9,832.47 £47,654.86 £47.654.86 l am satisfied thè above is an accurate summary of the movement on the accounl for the year ending 31 December 2022 in the bank slatemenls. I have obtained salisfa¢tory explanations and seen documentary evidence to support the expenditure incurred. FergusDnS & Peters Mr D Beniamous
BALANLE SHEET FOR YEAR ENDED 31ST DECEMBER 2022 INCOME EXPENDITURE BIF from 31112121 £ 7.433.54 £ 7,433.54 £161.50 £ 161.50 Ministy Collections Envelopes } Loose Slorders Visib-ng Preachers L11.D18.27 £11,018.27 £ 4.287.09 £ 5.801.00 £ 10,088.09 Repairs Development Repairs Garden Costs Security Charges £ 1,214.35 420.00 £ 1,261.47 155.88 £ 3,051.70 Card Sales Wedding Fees HamperAppeal HMRC Book Sales Insurance Refund Gr2nls Ukraine Appeal Local giving 740.90 550.00 200.00 740.81 779.65 725.29 £ 13,281.94 £ 4,043.48 874.76 £21,936.83 Stationerylslampsl NewsletterlHymn Books 280.96 £ 280.96 GA Quota £ 1,210.00 £ 1,210.00 Subscriptions 95.70 £ 95.70 Donations £ 2.360.06 £ 2.360.06 Building Insurance £ 2,945.02 £ 2,945.02 Investments Funds Dividend5 & Interest M& G Charifund £ 1,588.65 CCLA Coif Ethical £ 3,606.99 BlaGkrock Investment 479.20 £ 5,674.84 Accountancy 336.00 £ 336.00 Utilities Water 226.36 ElectrictylGas £ 1,008.43 £ 1,234.79 Payroll £ 1,774.32 £ 1,774.32 Christmas Cards 169.99 £ 169 99 Grass Cutting 515.00 £ 515.00 Donation £ 4,711.83 £ 4,711.83 Travek 10.00 £ 10.00 AGM Tickets 600.00 £ 600.00 Knotsveed Treatment 225.59 £ 225.59 Xmas HamperslDecoratior £ 1,210.64 £ 1,210.64 Flowers 160.34 £ 160.34 Goods 192.59 £ 192.59 Zoom Meetingslwebsite 218.88 £ 218.88 Deeds 18_00 £ 18.00 Balance at 31112122 £ 7,516.62 £ 7,516.62 Balance at 31112122 526.15 £ 526.15 Balance at 31112122 £ 9.632.47 £ 9,832.47 £47,654.86 £47.654.86 l am satisfied thè above is an accurate summary of the movement on the accounl for the year ending 31 December 2022 in the bank slatemenls. I have obtained salisfa¢tory explanations and seen documentary evidence to support the expenditure incurred. FergusDnS & Peters Mr D Beniamous