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|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|
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||||||||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|
##
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|||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|
##
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##
|||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|||||