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2020-12-31-accounts

Trustees Rt Rev Cherry E Vann (Appointed 3 March 2020)
Ven Jonathan
SWilliams
Canon John C Woodward
Mrs Valerie
M Willie
Ven Ambrose
Mason
Mrs Christine
Edwards
Mrs Jenny Neale
Ven Sue Pinnington
Charity number 1073775
Independent examiner Catherine
AWilliams
Ltd
Old Bank House
Beaufort Street
Crickhowell
Powys
NP8 1AD
Bankers Nat West Bank
High Street
Newport
NP20 1GG
Investment advisors Brewin
Dolphin
5 Callaghan
Square
Cardiff
CF105BT

Page
Trustees'
report
1-2
Independent
examiner's
report
Statement
offinancial
activities
8alance sheet
Notes to the financial statements 6-10

Unrestricted Unrestricted
funds funds
2020 2019
Notes 6 6
Iftggm~fr
gt;
Donations,
legacies and
grants 5,826 4,284
Investments 25,220 28,539
Total income 31,046 32,823
~EattdIhKC
QQ;
Raising funds 4 4,034 4,304
Charitable
activities
5 28,072 31,496
Total resources expended 32,106 35,800
Net gains/(losses) on investments 9 (6,302) 8,687
Net (outgoing)/incoming resources (7,362) 5,710
Other recognised gains and losses
Revaluation
oftangible
fixed assets (14,026) 55,125
Net movement
in
funds (21,388) 60,835
Fund balances at 1 January 2020 790,560 729,725
Fund balances at 31 December 2020 769,172 790,560

2020 2019
Notes 6
Fixed assets
Investments 10 707,041 731,432
Current assets
Debtors 3,105 6,760
Cash at bank and in hand 60,612 54,063
63,717 60,823
Creditors: amounts falling due within
one year 12 (1.586) (1,695)
Net current assets 62.131 59,128
Total assets less current liabilities 769,172 790,560
Income funds
llntsat
t*d
4 d
General unrestricted funds 698,463 705,825
Revaluation reserve 70,709 84,735
769,172 790.560
769,172 790,560

2020 2019
Grants and donations (See below) 5,826 4,284
Donations
and gifts
Church in Wales 3,320 3,194
Parish donations 305 305
Individual
donations
2,101 542
Gift aid recovered 100 243
5,826 4,284

Unrestricted Unrestricted
funds funds
2020 2019
f
Income from listed investments 25,035 28,398
Interest receivable 185 141
25,220 28,539
4 Raising funds
2020 2019
Investment management fees 4,034 4,304
5 Charitable activities
2020 2019
f f
Grants to individuals 27,187 30,400
Lunch 198
Administration costs 405 418
27,592 31,016
Share of governance costs (see note 6) 480 480
28,072 31,496

6 Supportcosts Supportcosts Supportcosts
Support Governance 2020 2019 Basis of
costs costs allocation
6 6 F 6
Independent examiner's fees 480 480 480 Governance
480 480 480
Analysed between
Charitable activities 480 480 480

Unrestricted Unrestricted
funds funds
2020 2019
6
(6,302) 8,687

Fixed asset investments
Listed
investments
6
Cost or valuation
At 31 December 2019 731,432
Valuation
changes
(20,328)
Investment
management
fees (4,063)
At 31 December 2020 707,041
Carrying
amount
At 31 December 2020 707,041
At 31 December 2019 731,432
11 Debtors
Amounts
falling due
within one year: 2020f 2019
E
Other debtors 3,105 6,760
12 Creditors: amounts falling due within one year
2020 2019
F F
Accruals and deferred income 1,586 1,695