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##
|Principal|Address|Address|Windsor Place||||
|---|---|---|---|---|---|---|
||||Cardiff||||
||||CF103BZ||||
|Serving|Elders||Mrs Selina Moyo|(retired 12June 2022)|||
||||Mr Peter Sobers|(retired 12June 2022)|||
||||Ms Chiara Strazzula|(retired 12June 2022)|||
||||Mrs Alison Tansom||||
||||Dr Nici Lintern-Gittens||||
||||Ms Alison McQueen||||
||||Mr Mark Lewis||||
||||Mrs Bethan Trott||||
||||Mrs Elizabeth
Meek|(appointed||12June 2022)|
||||Mrs Rhode Henson|(appomted||12June 2022)|
|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|||1-3|
|Independent
Examiner's|Report|||
|Statement of Financial|Activities|||
|Balance Sheet||||
|Notes to the Accounts|||7-tt|
|Schedules to the Accounts:||||
|Detailed
Income Statement - General||Fund|12|
|Detailed Expense|Statement - General|Fund|13|
|Designated
Funds|||14-15|
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||||2022||2021|
|---|---|---|---|---|---|
|||Total|Unrestricted|Funds|Total|
|||Funds|General|Designated|Funds|
|||6|||8|
|INCOME||||||
|Voluntary
Income||||||
|Direct giving||8,089|8,089||5,927|
|Gift Aid tax refund||1,488|1,488||1,684|
|Grants received||34,500|34,500||50,547|
|Legacies and donations||7,386|6,386|1,000|20,198|
|Investment
Income||||||
|Interest and dividends||7,991|7,991||2,670|
|Other income||||||
|Use of premises||31,148|31,148||25,078|
|Sundry income||2|2||115|
|Total income||90,604|89,604|1,000|106,219|
|EXPENDITURE||||||
|Charitable
activities||||||
|Ministry
and Mission||25,038|25,038||24,434|
|Ministerial
expenses||6,425|6,425||5,380|
|Church premises expenses||29,283|29,129|154|33,390|
|Salaries||23,420|23,420||34,366|
|Administrative
costs||2,185|2,185||1,858|
|Donations
and giRs||1,237|1,237||2,285|
|Depreciation||2,777|2,777||2,427|
|Independent
Examiners fees||1,020|1,020||1,116|
|Total expenditure||91,385|91,231|154|105,256|
|Operating
surplus
/ (deficit)||(781)|(1,627)|846|963|
|Net gains I(losses) on investments||10,763|11,479)|716|29,502|
|||(10,763)|(11,479)|716|29,502|
|Net Income I(expenditure)||(11,544)|(13,106)|1,562|30,465|
|Transfers
between
funds||||||
|Net Movement
in Funds||(11,544)|(13,106)|1,562|30,465|
|Reconciliation
offunds||||||
|Balances at beginning|ofyear|433,848|274,004|159,844|403,383|
|Balances at end ofyear||422,304|260,898|161,406|433,848|
##
|BALANCE SHEET
3'I DECEMBER 2022||||||
|---|---|---|---|---|---|
|||2022||2021||
||||8|8|0|
|FIXEDASSETS -Tangible|||12,351||13,299|
|INVESTMENTS|||238,952||249,715|
||||251,303||263,014|
|CURRENT ASSETS||||||
|Debtors||10,162||43,946||
|Short term deposits - CAF Gold||110,108||102,158||
|Cash at bank and
in hand||57,392||37,455||
|||177,662||183,559||
|LESS: CURRENT LIABILITIES||~gpptt||~(12.725||
|NET CURRENT ASSETS|||171,001|||
|TOTAL NET ASSETS|||422,304||433,848|
|Representing:||||||
|FUNDS||||||
|General fund|10 86 11||260,898||274,004|
|Designated
funds|108 11||161,406||159,844|
|TOTAL FUNDS|||422,304||4331848|
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|2|- TANGIBLE FIXEDASSETS|- TANGIBLE FIXEDASSETS|- TANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|---|---|---|
|||||South Porch|Church||Office|Kitchen|Total|
|||||Project|Fixtures &||Equipment|Equipment||
||||||Equipment|||||
||||||8|||||
||Cost or valuation|||||||||
||At 1 January 2022|||29,392|34,242||36,454|20,994|121,082|
||Additions
during year||||||1,829||1,829|
||At 31 December 2022|||29,392|34,242||38,283|20,994|122,911|
||Depreciation|||||||||
||At 1 January 2022|||26,520|24,483||35,786|20,994|107,783|
||Charged
during year|||1,470||596|711||2,777|
||At 31 December 2022|||27,990|25,079||36,497|20,994|110,560|
||Net book value|||||||||
||At 31 December 2022|||1,402|9,163||1,786||12,351|
||At 31 December 2021|||2,872|9,759||668||13,299|
|3|- INVESTMENTS|||||||||
|||||||||2022|2021|
||||||||||F|
||General Funds|||||||||
||City URC Reserve|Account||||||||
||FP CAF UK Equity Fund|||||||||
||142774.566 units|||||||229,089|240,568|
||Designated
Funds|||||||||
||Endowment
Trust|Fund||||||||
||Invesco UK Opportunities||Fund|||||||
||6075.75shares|||||||9,863|9,147|
||Total investments|-at market value||||||238,952|249,715|
|4|- DEBTORS|||||||||
|||||||||2022f|2021
8|
||Debtors|||||||5,647|39,426|
||Prepaid expenses|||||||4,515|4,520|
|||||||||10,162|43,946|
##
##
##
|5|- CASH|AT|BANK|AND IN HAND|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||General|Current account|||55,748|35,811|
||Endowment||Trust Fund||1,644|1,644|
||||||57,392|37,455|
|6|- CURRENT LIABILITIES||||||
||||||2022|2,021|
||||||6|6|
||Receipts|in|advance|||9,619|
||PAVE and National|||Insurance|1,327|872|
||Accrued|expenses|||5,334|2,234|
||||||6,661|12,725|
##
##
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|- MOVEM|ENT|IN FU|NDS||||||
|---|---|---|---|---|---|---|---|---|
|||||at 1January
2022|Inssms|expenditure|Odrsr
Movements|atst oessmuer
2022|
|Unrestricted|-|General|Fund|274,004|89,604|(91,231)|(11,479)|260,898|
|Designated|-|Church|Repairs|41,072||(154)||40,918|
|||Legacies||107,691|1,000|||108,691|
|||Endowment||10,940|||716|11,656|
|||Church|Project|141||||141|
|TOTAL FUNDS||||433,848|110,604|~91,385|~10,763|422.304|
|Summary|ofthe above||||||||
|Unrestricted||- General||274,004|89,604|(91,231)|(11,479)|260,898|
|||- Designated||159,844|1,000|(154)|716|161,406|
|TOTAL FUNDS||||433,848|~0,604|~91,385|710,7637|422.304|
##
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##
||||Tangible||Net current||
|---|---|---|---|---|---|---|
||||fixed assets|Investments|assets|Total|
|||||6||E|
|General Fund|||12,351|229,089|19,458|260,898|
|Designated|funds:||||||
|Church repairs|||||40,918|40,918|
|Legacies|||||108,691|108,691|
|Mission Fund IChurch||Project|||141|141|
|Endowment|Trust|||9,863|1,793|11,656|
|||||9,863|151,543|161,406|
||||12,351|238,952|171,001|422,304|
##
##
##
|ENDED 31 DECEM|B|ER 2021||||||
|---|---|---|---|---|---|---|---|
||||||2021|||
||||Total|Unrestricted|Funds|Restricted|Endowment|
||||Funds|General|Designated|Funds|Funds|
||||6|E|E|E|6|
|INCOME||||||||
|Voluntary
Income||||||||
|Direct giving|||5,927|5,927||||
|GiR Aid tax refund|||1,684|1,684||||
|Grants received||||||||
|- General grants|||50,547|50,547||||
|Legacies and donations|||20,198|6,273|13,925|||
|Investment
Income||||||||
|Interest and dividends|||2,670|2,521|149|||
|Other income||||||||
|Use ofpremises|||25,078|25,078||||
|Sundry income|||115|115||||
|Total income|||106,219|92,145|14,074|||
|EXPENDITURE||||||||
|Costs of Generating||Funds||||||
|Ministry
and Mission|||24,434|24,434||||
|Ministerial
expenses|||5,380|5,380||||
|Church premises expenses|||33,390|24,146|9,244|||
|Salaries|||34,366|34,366||||
|Administrative
costs|||1,858|1,858||||
|Donations
and gifts|||2,285|1,805|480|||
|Depreciation|||2,427|2,427||||
|Independent
Examiners||fees|1,116|1,116||||
|Total expenditure|||105,256|95,532|9,724|||
|Operating
surpus
/ (deficit)|||963|(3,367)|4,350|||
|Net gains / (losses) on|investments||29,502|27,720|1,782|||
||||29,502|27,720|1,782|||
|Net Income
/ (expenditure)|||30,465|24,333|6,132|||
|Transfers
between
funds||||||||
|Net Movement
in Funds|||30,465|24,333|6,132|||
|Reconciliation
offunds||||||||
|Balances at beginning|of|year|403,383|249,671|153,712|||
|Balances at end ofyear|||433,848|274,004|159,844|||
##
##
|YEAR ENDED 31 DE|CEMBER 2022|||
|---|---|---|---|
|||2022|2021f|
|Direct giving||||
|Loose collections||1,502|326|
|Planned
giving||6,587|5,601|
|||8,089|5,927|
|Gift Aid tax refund||1,488|1,684|
|Grants received||||
|City URC Charity -|General|32,000|32,000|
|Government
grants||2,500|18,547|
|||34,500|50,547|
|Donations
and grants||||
|RPC contributions|to manse costs|5,339|5,511|
|Donations
&Gifts||340|164|
|Donations - special|purpose|707|243|
|Donations - Other|||355|
|||6,386|6,273|
|Interest received||||
|Bank interest||450|11|
|Investment
dividends||7,541|2,510|
|||7,991|2,521|
|Use ofpremises||||
|Car park||8,582|13,206|
|Lettings||14,015|2,910|
|Wayleave -SA Brain||8,551|8,962|
|||31,148|25,078|
|Other Income||||
|Sundry
Income|||115|
||||115|
|Total Income
~ General|Fund|89,604|92,145|
##
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||f||
|Ministry and Mission|||||||24,246|24,246|
|Synod contribution|||||||||
|Regional|Pastorate||Expenses||||792|188|
||||||||25,038|24,434|
|Manse Expenses||||Insurance|||438|477|
|||||Council tax|and water rates||3,330|3,171|
|||||Repairs and|fittings||2,607|1,732|
||||||||6,375|5,380|
|Church Service Expenses||||Pulpit supplies|||50||
||||||||50||
|Church Premises||||Rates and water|||393|38|
|Expenses||||Insurance|||6,482|6,052|
|||||Church repairs and renewals|||5,750|5,772|
|||||Furnishings|and|equipment|1,083|401|
|||||ITrepairs and equipment|||1,159|266|
|||||Light &heat|||12,575|11,437|
|||||Organ and piano||tuning etc.|1,687|180|
||||||||29,129|24,146|
|Salaries I|Director|of||Administrator||||14,457|
|music costs||||Warden/
caretaker|||21,065|19,306|
|||||NEST pension||||293|
|||||Salary costs|||22,390|34,056|
|||||Organists|||1,030|310|
||||||||23,420|34,366|
|Administrative
Costs||||Printing
and|advertising|||869|
|||||Sundry expenses|||1,641|556|
|||||Telephone|||383|337|
|||||Independent|examiner fee||1,020|1,116|
|||||Bank charges|||161|96|
||||||||3,205|2,974|
|Outreach|&Mission||(CACEC|etc)|||||
|Donations|and gifts|||Members
- special purposes|||500|905|
|||||Other gifts and donations|||737|900|
||||||||1,237|1,805|
|Depreciation|||||||2,777|2,427|
|Total expenditure||-|General Fund||||91,231|95,532|
|Transfer to Church|||Repair Fund||||||
|Total expenditure||and transfers
from General||||Fund|91,231|95,532|
##
##
|YEAR ENDED 31 DE|CEMBER|2|022|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||5||
|Church Repair Fund||||||
|Income||||||
|Expenditure||||||
|Paid out in year||||154|9,244|
|||||154|9,244|
|Transfer from /|(to) General||Fund|||
|Net movement|in year|||(154)|(9,244)|
|Opening
balance||||41,072|50,316|
|Closing balance||||40,918|41,072|
|Legacies||||||
|Income||||||
|Legacies||||1,000|13,915|
|Expenditure||||||
|Paid out in year||||||
|Net movement|in year|||1,000|13,915|
|Opening
balance||||107,691|93,776|
|Closing balance||||108,691|107,691|
|Mission Fund IChurch Project||||||
|Income||||||
|Donations|||||10|
||||||10|
|Expenditure||||||
|Other charity donations|||||50|
||||||50|
|Net movement|in year||||(40)|
|Opening
balance||||141|181|
|Transfer from Benevolent||Fund||||
|Closing balance||||141|141|
##
##
##
|Endowment|Tr|ust Fund (D|esignated|)|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6||
|Income|||||||
|Investment||dividends||||149|
|Tax refund||on investment|dividends||||
|||||||149|
|Expenditure|||||||
|Paid out|in|year||||430|
|||||||430|
|Net movement|in|year||||(281)|
|Realised from|sale of investment||||||
|||||||(281)|
|Opening
balance|||||1,793|2,074|
|Closing balance|||||1,793|1,793|
|Investment
-|Invesco UK Opportunities|||Fund:|||
|6075.75 I6075.75 units at Market Value|||||9,863|9,147|