| Principal Address | Principal Address | Principal Address | Windsor Place | |
|---|---|---|---|---|
| Cardiff | ||||
| CF103BZ | ||||
| Serving | Elders | Mrs Viviene Davies | ||
| Mrs Selina Moyo | ||||
| Mr Peter Sobers | ||||
| Ms Chiara Strazzula | ||||
| Mrs Alison Tansom | ||||
| Dr Nici Lintern-Gittens | ||||
| Ms Alison McQueen | ||||
| Mr Mark Lewis | ||||
| Mrs Bethan Trott | ||||
| Church | Secretary | Mrs Alison Tansom | ||
| Bankers | CAF Bank Limited | |||
| 25 Kings Hill Avenue |
||||
| Kings Hill |
||||
| West Mailing | ||||
| Kent | ||||
| ME194JQ | ||||
| Independent | Examiners | Williams Ross Limited | ||
| Chartered Accountants |
||||
| 4 Ynys Bridge Court | ||||
| Gwaelod Y Garth | ||||
| Cardiff | ||||
| CF159SS | ||||
| Charity | Name | City United Reformed | Church Cardiff (General Funds) Charity | |
| Charity | number | 1130716 |
| Page | |||||
|---|---|---|---|---|---|
| Annual Report |
|||||
| Independent Examiner's |
Report | ||||
| Statement of Financial Activities | |||||
| Balance Sheet | |||||
| Notes to the Accounts | 7-11 | ||||
| Schedules to the Accounts: | |||||
| Detailed Income Statement- | General | Fund | |||
| Detailed Expense | Statement | - General | Fund | ||
| Designated Funds |
14 | ||||
| Endowment Trust |
and Restricted | Fund | Accounts | 15 |
| 2020 | 2019 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total | linrestricted | Funds | Restricted | Endowment | Total | |||||
| Funds | General f |
Designated f |
Funds f |
Funds f |
Fundsf | |||||
| INCOME | ||||||||||
| Voluntary Income |
||||||||||
| Direct giving | 5,691 | 5,691 | 10,154 | |||||||
| Gift Aid tax refund | 2,434 | 2,434 | 2,367 | |||||||
| Grants received | 71,329 | 71,329 | 32,000 | |||||||
| Legacies and donations | 8,071 | 6,890 | 1,181 | 101,146 | ||||||
| Investment Income |
||||||||||
| Interest and dividends | 4,569 | 4,362 | 207 | 6,410 | ||||||
| Other income | ||||||||||
| Use of premises | 26,196 | 26,196 | 43,534 | |||||||
| Sundry income |
3,705 | 3,705 | 675 | |||||||
| Total income | 121,995 | 120,607 | 1,388 | 196,286 | ||||||
| EXPENDITURE | ||||||||||
| Charitable activities |
||||||||||
| Ministry and Mission | 27,708 | 27,708 | 31,686 | |||||||
| Ministerial expenses |
3,355 | 3,355 | 3,486 | |||||||
| Church premises expenses | 24,277 | 23,217 | 1,060 | 33,233 | ||||||
| Salaries | 39,006 | 39,006 | 39,494 | |||||||
| Administrative costs |
3,057 | 3,057 | 4,136 | |||||||
| Outreach & Mission (CACEC etc) |
4,996 | |||||||||
| Donations and gifts |
1,590 | 1,590 | 1,708 | |||||||
| Depreciation | 2,278 | 2,278 | 1,205 | |||||||
| Independent Examiners fees |
996 | 996 | 996 | |||||||
| Total expenditure | 102,267 | 101,207 | 1,060 | 120,940 | ||||||
| Operating surplus / (deficit) |
19,728 | 19,400 | 328 | 75,346 | ||||||
| 6 tg 1 1 it ) |
1 | t | t | ~46,662 | 14.216 | 646 | 28,196 | |||
| (15,062) | (14,216) | (846) | 28,196 | |||||||
| Net Income / (expenditure) |
4,666 | 5,184 | (518) | 103,542 | ||||||
| Transfers between funds |
10,078 | 10,078 | ||||||||
| Net Movement in Funds |
4,666 | 5,184 | 9,560 | (10,078) | 103,542 | |||||
| Reconciliation offunds |
||||||||||
| Balances at beginning | ofyear | 398,717 | 244,487 | 144,152 | 10,078 | 295,175 | ||||
| Balances at end ofyear | 403,383 | 249,671 | 153,712 | 398,717 |
| Note | 2020 | 2019 | |||||
|---|---|---|---|---|---|---|---|
| FIXEDASSETS - Tangible | 6,688 | 8,966 | |||||
| INVESTMENTS | 220,214 | 235,276 | |||||
| 226,902 | 244,242 | ||||||
| CURRENT ASSETS | |||||||
| Debtors | 37,695 | 4,107 | |||||
| Short term deposits - CAF Gold | 109,637 | 115,275 | |||||
| Cash at bank and in hand | 34,240 | 40,696 | |||||
| LESS: CURRENT LIABILITIES | 181,572 ~5,091 |
160,078 ~5,503 |
|||||
| NET CURRENT ASSETS | 176,481 | 154,475 | |||||
| TOTAL NET ASSETS | 403,383 | 398,717 | |||||
| Representing: | |||||||
| FUNDS | |||||||
| General fund | 10&11 | 249,671 | 244,487 | ||||
| Designated funds |
10&11 | 153,712 | 144,152 | ||||
| Endowment Fund |
10& 11 | 10,078 | |||||
| TOTAL FUNDS | 403,383 | 398,717 |
| South Porch | Church | Office | Kitchen | Total | ||
|---|---|---|---|---|---|---|
| Project | Fixtures & | Equipment | Equipment | |||
| Equipment f |
||||||
| Cost or valuation | ||||||
| At 1 January 2020 | 29,392 | 25,204 | 36,454 | 20,994 | 112,044 | |
| Additions during |
year | |||||
| At 31 December | 2020 | 29,392 | 25 204 | 36,454 | 20994 | 112044 |
| Depreciation | ||||||
| At 1 January 2020 | 23,580 | 24,044 | 34,460 | 20,994 | 103,078 | |
| Charged during |
year | 1,470 | 145 | 663 | 2,278 | |
| At 31 December | 2020 | 25,050 | 24,189 | 35,123 | 20,994 | 105,356 |
| Net book value | ||||||
| At 31 December | 2020 | 4,342 | 1,015 | 1,331 | 6,688 | |
| At 31 December | 2019 | 5,812 | 1,160 | 1,994 | 8,966 |
| 3 | - INVESTMENTS | ||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| General Funds | |||||
| City URC Reserve | Account | ||||
| FP CAF UK Equity Fund | |||||
| 142774.566 units | 212,848 | 227,064 | |||
| Endowment Funds |
|||||
| Endowment Trust |
Fund | ||||
| Invesco Perpetual | UK Growth | Fund | |||
| 2065.89shares | 7,366 | 8,212 | |||
| Total investments | -at market | value | 220,214 | 235,276 | |
| 4 | - DEBTORS | ||||
| 2020 f |
2019 f |
||||
| Debtors | 33,878 | ||||
| Prepaid expenses | 3,817 | 4,107 | |||
| 37,695 | 4,107 |
| 5 | - CASH AT BANK | AND IN HAND | ||
|---|---|---|---|---|
| 2020 | 2019 | |||
| General Current account | 32,166 | 38,830 | ||
| Endowment Trust |
Fund | 2,074 | 1,866 | |
| 34,240 | 40,696 | |||
| 5 | - CURRENT LIABILITIES | |||
| 2020 | 2019 | |||
| f | ||||
| PAYE and National | Insurance | 1,470 | 463 | |
| Accrued expenses | 3,621 | 5,140 | ||
| 5,091 | 5,603 |
| - MOVEM | ENT | IN FUNDS | ||||||
|---|---|---|---|---|---|---|---|---|
| Att January 2020 |
Income | Expenditure | Other Movements |
At 3t Oecemher 2020 |
||||
| Unrestricted | - | General Fund |
244,487 | 120,607 | (101,207) | (14,216) | 249,671 | |
| Designated | - | Church Repairs |
51,376 | (1,060) | 50,316 | |||
| Legacies | 92,776 | 1,000 | 93,776 | |||||
| Endowment | 207 | 9,232 | 9,439 | |||||
| Church Project | 181 | 181 | ||||||
| Endowment | - | Endowment | Fund | 10,078 | (10,078) | |||
| TOTAL FUNDS | 398,717 | 121,995 | ~1102,267 | ~75.0621 | 403,383 | |||
| Summary | ofthe above | |||||||
| Unrestricted | -General | 244,487 | 120,607 | (101,207) | (14,216) | 249,671 | ||
| - Designated | 144,152 | 1,388 | (1,060) | 9,232 | 153,712 | |||
| Endowment | (Permanent) | 10,078 | (10,078) | |||||
| TOTAL FUNDS | 398.717 | 121.995 | ~102,267 | ~75,062 | 403,383 |
| Tangible | Net current | ||||
|---|---|---|---|---|---|
| fixed assets | Investments | assets | Total | ||
| 6 | 6 | f | 6 | ||
| General Fund | 6,688 | 212,848 | 30,135 | 249,671 | |
| Designated | funds: | ||||
| Church repairs Legacies |
50,316 93,776 |
50,316 93,776 |
|||
| Mission Fund I Church Project | 181 | 181 | |||
| Endowment | Trust | 7,366 | 2,073 | 9,439 | |
| 7,366 | 146,346 | 153,712 | |||
| Restricted | funds: | ||||
| Special collections | |||||
| 6,688 | 220,214 | 176,481 | 403,383 |
| ENDED 31 DECEM | B | ER 2019 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2019 | ||||||||
| Total | Unrestricted | Funds | Restricted | Endowment | ||||
| Funds | General | Designated | Funds | Funds | ||||
| E | E | s | E | f | ||||
| INCOME | ||||||||
| Voluntary Income |
||||||||
| Direct giving | 10,154 | 10,154 | ||||||
| Gift Aid tax refund | 2,367 | 2,367 | ||||||
| Grants received | ||||||||
| -General grants | 32,000 | 32,000 | ||||||
| Legacies and donations | 101,146 | 11,546 | 89,550 | 50 | ||||
| Investment Income |
||||||||
| Interest and dividends | 6,410 | 6,231 | 179 | |||||
| Other income | ||||||||
| Use ofpremises | 43,534 | 43,534 | ||||||
| Sundry income | 675 | 675 | ||||||
| Total income | 196,286 | 106,507 | 89,550 | 229 | ||||
| EXPENDITURE | ||||||||
| Costs ofGenerating | Funds | |||||||
| Ministry and Mission |
31,686 | 31,686 | ||||||
| Ministerial expenses |
3,486 | 3,486 | ||||||
| Church premises expenses | 33,233 | 29,870 | 3,363 | |||||
| Saladies | 39,494 | 39,494 | ||||||
| Administrative costs |
4,136 | 4,136 | ||||||
| Outreach &Mission (CACEC etc) |
4,996 | 4,996 | ||||||
| Donations and gifts |
1,708 | 1,130 | 263 | 315 | ||||
| Depreciation | 1,205 | 1,205 | ||||||
| Independent Examiners |
fees | 996 | 996 | |||||
| Legal and professional | fees | |||||||
| Total expenditure | 120,940 | 116,999 | 3,626 | 315 | ||||
| Operating surpus / (deficit) |
75,346 | (10,492) | 85,924 | (86) | ||||
| Net gains / (losses) on | investments | 28,196 | 27,225 | 971 | ||||
| 28,196 | 27,225 | 971 | ||||||
| Net Income / (expenditure) |
103,542 | 16,733 | 85,924 | 885 | ||||
| Transfers between funds |
||||||||
| Net Movement in Funds |
103,542 | 16,733 | 85,924 | 885 | ||||
| Reconciliation offunds |
||||||||
| Balances at beginning | of | year | 295,175 | 227,754 | 58,228 | 9,193 | ||
| Balances at end ofyear | 398,717 | 244,487 | 144,152 | 10,078 |
| DETAILED INCOME STATEMENTS -GENE YEAR ENDED 31 DECEMBER 2020 |
RAL FUND | |
|---|---|---|
| 2020 | 2019 | |
| 5 | F | |
| Direct giving | ||
| Loose collections | 417 | 2,566 |
| Planned giving |
5,274 | 7,588 |
| 5,691 | 10,154 | |
| Gift Aid tax refund | 2,434 | 2,367 |
| Grants received | ||
| City URC Charity - General | 32,000 | 32,000 |
| Government grants |
39,329 | |
| 71,329 | 32,000 | |
| Donations and grants |
||
| Donations & Gifts |
6,040 | 5,586 |
| Donations - special purpose | 300 | 1,000 |
| Donations -Other |
550 | 4,960 |
| 6,890 | 11,546 | |
| Interest received | ||
| Bank interest | 94 | 101 |
| Investment dividends |
4,268 | 6,130 |
| 4,362 | 6,231 | |
| Use ofpremlsee | ||
| Car park | 12,761 | 14,156 |
| Lettings | 4,655 | 12,799 |
| Manse rent | 5,474 | |
| Coffee bar Wayleave - SA Brain |
177 8,603 |
2,502 8,603 |
| 26,196 | 43,534 | |
| Other Income | ||
| Sundry Income |
3,705 | 675 |
| 3,705 | 675 | |
| Total Income - General Fund |
120,607 | 106,507 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| F | F | ||||||
| Ministry and Mission | 27,108 | 29,916 | |||||
| Synod contribution | 350 | ||||||
| Regional | Pastorate Expenses | 600 | 1,420 | ||||
| 27,708 | 31,686 | ||||||
| Manse Expenses | Insurance | 473 | 470 | ||||
| Council tax | and water | rates | 2,715 | 974 | |||
| Repairs and | fittings | 167 | 562 | ||||
| 3,355 | 2,006 | ||||||
| Church Service Expenses | Pulpit supplies | 300 | |||||
| Junior church | 780 | ||||||
| Flowers | 400 | ||||||
| 1,480 | |||||||
| Church Premises | Rates and water | 235 | 226 | ||||
| Expenses | Insurance | 5,861 | 5,882 | ||||
| Church repairs and renewals | 7,390 | 5,702 | |||||
| Furnishings | and equipment | 129 | 1,019 | ||||
| Equipment hire |
1,705 | ||||||
| ITrepairs and equipment | 345 | 1,282 | |||||
| Light 8 heat | 8,446 | 11,915 | |||||
| Organ and piano tuning | etc. | 811 | 2,139 | ||||
| 23,217 | 29,870 | ||||||
| Salaries I | Director | of | Administrator | 19,772 | 19,582 | ||
| music costs | Warden/ caretaker |
18,378 | 17,931 | ||||
| NEST pension | 416 | 371 | |||||
| Salary costs | 38,566 | 37,884 | |||||
| Organists | 440 | 1,610 | |||||
| 39,006 | 39,494 | ||||||
| Administrative Costs |
Printing and |
advertising | 662 | 2,801 | |||
| Sundry expenses | 2,009 | 877 | |||||
| Telephone | 326 | 388 | |||||
| Independent | examiner | fee | 996 | 996 | |||
| Bank charges | 60 | 70 | |||||
| 4,053 | 5,132 | ||||||
| Outreach | &Mission (CACEC | etc) | 4,996 | ||||
| Donations | and gifts | Asylum Justice grant | |||||
| Members - special purposes | 1,000 | 1,000 | |||||
| Other gifts and donations | 590 | 130 | |||||
| 1,590 | 1,130 | ||||||
| Depreciation | 2,278 | 1,205 | |||||
| Total expenditure | -General Fund | 101,207 | 116,999 | ||||
| Transfer to Church | Repair Fund | ||||||
| Total expenditure | and transfers from General Fund |
101,207 | 116,999 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| 6 | F | ||||
| Church Repair | Fund | ||||
| Income | |||||
| Expenditure | |||||
| Paid out | in year | 1,060 | 3,363 | ||
| 1,060 | 3,363 | ||||
| Transfer | from I(to) General | Fund | |||
| Net movement in year |
(1,060) | (3,363) | |||
| Opening | balance | 51,376 | 54,739 | ||
| Closing | balance | 50,316 | 51,376 | ||
| Legacies | |||||
| Income | |||||
| Legacies | 1,000 | 89,550 | |||
| Expenditure | |||||
| Paid out | in year | ||||
| Net movement in year |
1,000 | 89,550 | |||
| Opening | balance | 92,776 | 3,226 | ||
| Closing | balance | 93,776 | 92,776 | ||
| Mission Fund / | Church Project | ||||
| Income | |||||
| Donations | 181 | ||||
| 181 | |||||
| Expenditure | |||||
| Other charity donations | 263 | ||||
| 263 | |||||
| Net movement in year |
181 | (263) | |||
| Opening | balance | 263 | |||
| Transfer from Benevolent | Fund | ||||
| Closing balance | 181 |
| Endowment Trust Fund (Designated) |
Endowment Trust Fund (Designated) |
|||
|---|---|---|---|---|
| 2020 | 2019 | |||
| f | ||||
| Income | ||||
| Bank interest received | 3 | |||
| Investment dividends |
207 | 176 | ||
| Donations | 50 | |||
| Tax refund on investment |
dividends | |||
| 207 | 229 | |||
| Expenditure | ||||
| Paid out in year | 315 | |||
| 315 | ||||
| Net movement in year |
207 | (86) | ||
| Realised from sale of investment | ||||
| 207 | (86) | |||
| Opening bank balance |
1,866 | 1,952 | ||
| Closing bank balance | 2,033 | 1,866 | ||
| Investment -Invesco UK Growth Fund: |
||||
| 2065.89 / 2065.89 units at Market Value | 7,366 | 8 | 212 | |
| Special Collections (Restricted Fund) | ||||
| 2020f | 2019 f |
|||
| Income | ||||
| Donations | ||||
| Expenditure | ||||
| Paid out in year | ||||
| Net movement in year |
||||
| Opening balance |
||||
| Closing balance |