Charity Registratlon no. 1130716 CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY ACCOUNTS YEAR ENDED 31 DECEMBER 2023 Illams Ross Umited Charter•d Accounlants CARDIFF
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARrrY INFORMATION YEAR ENDED 31 DECEMBER 2023 Prlneipal Address Vlndsor Pl Cardiff CF10 38Z SeTh(ng Eldors Al8on Tangom Dr Nici Lintem-Gltten$ M8 1$0 McQueen Mr Mark Lewis Mrs Bethan Trott Mrs ElrLabeth Meek Mrs Rhoda Henson Mr Peter Sobèrs (appointed 4 June 2023} Miss Emma Th¢ypg (appolnted 4 June 2023} Ms Aison Llnt8m-Gitten8 (appointed 4 June 20231 (rnSFgnad 6()8mber 2022) Church Seryelary Mrs Alson Tan8c4 Bankers CAF Bank Limited 25 Klr#J$ HIU Aven Kings Hill West MalliThJ Kenl ME19 4JQ Ind8pendonl Ex8miner8 Imlliams R088 Llmited Chartered Accountants 4 Yny3 Bridge Court GwaelcJ Y Garth Cordiff CF15 9SS Charity Name Clty United Ref0md Churth Cardiff {General FwKlsl Chadty Charity number 1130716
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY INDEX TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2023 Page Annual Report Independent E*In6S R•p(xt Stat8ment of Flnandal Acthit Balance Sheet Notss to th8 A¢counts 7-11 Detsll•d Ints)rne Slatsment. Genèral Fund 12 Dètslled Expense Stalefftht- Genoral Fund 13 Oe8wJnated Funds 14-15
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARrrY ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 The tnJste8s are pleased to present thr annual rert aGnts ol the (thaty for th8 year ending 31 Decembgr 2023. The a¢cKJunts have baen yeparad in a¢T(lance with the aCeLxmtmg poll¢ies set out In tha notes to th9 accounts 8nd compiy with the charrty's goveming docurnenl. the Chariues Ad 2011 and Accounbng and Rewrting by Ch8rites.' Slat8ment of Recommended PraclK applicaLle to charilies preparing their a¢nIS In 8cwrdanc8 th Ihe Financial R8portwu Standard applicable in the UK and Republic of Ir&land publlshed on 16 July 2014. 1. Maln Oblects and Acllvltl•s The object of the Charity. dedared by resolution of the Church Meth"ng on 91h May 2C>09. is to advance Christlan faith for the bendll of tho publlc kn accordance vAth th8 Scheme ol Union of th8 Unw Rèformod Church. Overal Ino)me grew by around £13.OCKI erynpared lo the year, malnty from an Increa80 kn re¢glpts from Ihe use of church premisos. Sp#fical car parknng. Expendlture grow by rAwrKI £20,000 0)mpared to ts 2022 year. Churth prnmis8s exdItre grow by arwnd £18,000. Thore was OLrtr8ach exper1bJrO In the year (2022- Nil}. Thgre w88 an ovoraH increase in Ihe roall8abl• volue of investments of £12.752 MPared to 8 docrea8e In the evlws year £10.763. Overall, there wa8 a surplus for Ihe year of £4,517 {2022- dar1 of £11,544). Thls was made up of Ibefore inl•r. fund tran8fer8) a surplus on Geror81 Fund of £17,922 and a dgfflcll of £13.405 on Doslgnated Funds. The charity flnan(s havo Increased lo nchw SI aCmUlated 98nernl and desnad fvnds of £426.821 al thé ygar ond mado up ag fdlows: 2023 2022 Gènèral Fund Des&nalod Funds Totsl 278.961 147.860 426 821 260.898 These remalnlng funds ¢ould be Cald upon in coming years gfven the ever Incrèaslng costs that wlll neèd to te met. 2. Constitutlon The qualthed merthrs of thè Elders. Meèting adminlslor the Chty In atcordance Nwth procedures for the tlme befvj Lqld down by th8 Church Mogting, whith musl in be kn confomiity with the Scheme of Unlon. Those procedurp5 are currently found in rule 12 of Cty Church's Rules of Procedur8, adopted by the Church Meeting on 20th February 2005 and last amended on 19th November 2017. 3. Publlc Benofft Statemont The Iruslees are aware of the Charity Commission's guidan on publk benefft in 'Th8 Advenment of Relrgion fcf the Publlc 8enefrf and have regard to it in the admlnistration of thè Charity. The general funds of Cty UrMl&J Refomied Church enat4e Ihe Church to: providg regular acts of worship open to the public teach and pronN)te the Chrisb'an faith among dl ages and al all v$, regardltss of backwnd. sexualty or natiwlrty
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 3. Publ1¢ Benefit Statement (eontlnu•d) administer Ihe Gospel sauaments offer activib8s for yourvJ peop in connecllon wrth Chtstian worship arbj gro • visit and bgfriend elderfy and unwèll off8r fellowship and pastoral support wthln and be th8 )ngrega maintain an hlstorfc church building . servo the communty an(1 provide premises or resowc•s lor communjty gTOUP8 and 8CtMts support iniliauves for Chrislan education support the ¢harIts8 work ol Ihe United Relormed Church at Unhèd Kinfv levels engage in ecumenlcal dithuue and actlvity in the Inlwe51 of a wwjer underntanding b8lween believers 4. Appolntment of Serving Elder• Tho m8mb8rs of the Eldgrs. Meetirvj, who ar8 as such Tru$l88$ of the Charity. org callèd or e18cted by th church membership assemtrAe(l in Church MeeUrvJ. Procedures are contsined rUS 7 and 8 of City Church's Rules of Procodure. No member of tho EkleTS' MeètirvJ during 2023 was dlsqualtfied from serwlng as a charty Irusl88. 5. R•vrvos Pollcy Thè resams pollcy Is lo rataln pnxlgnl ievel8 of fLmdlng as follm:. General Fund - to malntsln the T61iglous arrt1 tharllabl8 woth of ts Church togèther ompmentary act1w1$. - Deslgnaled FurKI - lo ensure the ¢onUnuatiM of Church and Man80 repairs. As d8taSled in note 1 above. the total balance held In unre$lrfjctgd fijnds as al the balance 5h881 dale were £426.821 12022 - £422,304). This amunt Is hdd lo cover ICA finan commitments Ihal lh& chlrth 11 have to meet in thè fvlure including, specyfKalty, church malntenance. BUdts are prepared èach year wilh aclual and oxpgndtture mnilored against the budgets. B. Investment Pollcy and P•rfornian¢e inveslment pollcy 15 impkmenled by the Flnanc Commrttee. The Committe conslders Ihè most appropriate policy l¢x Investing funds and has fcnd Ihal speaallsed equity, fixed interest and government stock investment. do58d for the charity sector, moets thè rgqulrem6nts to generale iM)th Iorne and capltal For the yeor under revrew there was a net galn on revalualon amountlng lo £12,75212022- overall r8valualknn loss of t10,7631. These unrealised gains afe in line th genaral stock market mvemenls for the year undèr review. The Investment policy Is under revlew in orderto ty to maintain thg dtlficult bolance in today's economi situation of soekhYJ to miNgale knssgs as far a$ FQ8slble In the futuro whlkl atteryUng to obtain the bèst in¢omg and capital growlh lo sUprt thurch's main objects. 7. Rl$k Management Pollcy Thè consideration of financial rfsk is undert8ken by the Finance Commfttge. Other risk assessments are undortakgn by the Bulldings and Fabric Ministy Group. The potential finanrAal risks whleh could arise are consldered lo be in relatlon to unexpected s*Jnfflcanl loss of incom& or unbu(Jgeted gxpenditure logelher th potential losses on church inveslments. Non financtal rlsk areas would indudè fire risK health & safety Sssues elc.
ANNUAL REPORT YEAR ENDED 31 DECEIIBER 2023 Review5 have been carr4 out to asses6 risks in rtain areas af q)eratr)n it is Intended that further ews are undertaken to provKJe 8 compreherthe ttsses%r of rthntial key risk areas and to ensure that reknnt pr(Kedum5 Wt In to n8te IIKtyge Certaln Elders 8r• th Tnrnte ofthe Cty Unlted Re(Drd Church Charity. During the year a grant of £32.000 w r8coivable frtyn Ch {2022- £32.CKKI). No Truste8S rn(Yived any renwnera1M or other roccNnFe fr(¥n the CIwTity in tr•ir c4pacty a$ TrLth. The member5 of the Elder8, MeeiivJ. ¥&K> are Iw¥tees for th8 pu08 of IAW. resrM8Sble for the preparnlion ofthe XCInts lor each Ilnanclal yew whth gNe 8 true and fair ¥ithv of the tharty's state of affak8 a6 ai the balance shoet dats and ol rts ffianclal aGtivth$ ts that In preparing those a¢ts)unts the Sarv tnJst8•8 ar• requlred to: ' 881¢ sutable )Unts'ng polwi•8 and appty them wtenty', ' make ludgeThnts •vJ eslmates that are rttSoDab and Pfuden( ' 8late whelher applble ac0ntOng 8taThJ8rd8 have been frSkyA•d. subpct to any m•terlal d•partUf88 ddo8¢d and explwned in tho X¢OLm ' Wep the acc3)unts on a Nn9 ¢i>ncem basis unkns rt 18 inapwowmts b prnsum• tt the church wrll contlnue to owate. The eeThlng eldern arp rasp¢xth keeplng proper #c(rAnttng recmls whkh dl3cb, with r68sonthe accuracy. •1 any tlme the charfty'$ financlal gion and •nabJ8 thom to en$Lwe that the ac¢ounts comply with the Ch•rftieJ Act 2011. They are al80 reSs{ble for safgguarding the (urch'$ assets and hen¢e frJf tsklng renAb st¢ps for the preventlon and detth of fraud and ottw kwularitl•& Iliams R088 Ltrthd. Chartered kcountsnts. IAve widKated tw lllrKJn8SG to aept rfrapp)intmenl a8 Indelndent exanwnern lor a rth8r temi. Stqned behallof thè Trustees
INDEPENDENT EXAMINER% REPORT TO THE ELDERS OF crry UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY I rerx)rt on my axamlniation ot the aCL%nts of the Church for the year endod 31 Dec4mber 2023, whlch are set out on pages S to 11. Ro$ponilbll1tl and basls ol r•port As the Charity trustees, you ar9 responsible lorthe prepaTatKM of the accounts in accordanc wlth thg requiremants ol the Charftles AL 2011 {Ihe Ac). I report In rgspect of my examln8tion of the Chaws ac¢ounts carr?8(1 out undgT secuon 145 of the 2011 Acl and In Carrn9 out my examination I have fc4ltrwJ all the applK&le Direc16on8 grvgn by th8 Charity commissi under section 14g5)Ibl of the Act Ind•p•nd¢nt •x•mln•es stst•m•nt I have completed my examinal¥)n. l confimi that no Materi maiters h8ve come lo my attsntbn in connectlon with the examinalion m8 caust lo bglievo that in any materfèl respe¢L' acwJnllng rocords warn not kept In re8F¢t of Ihe Ch8rity a6 required by sactK>n 130 of the Act: or the accounts <10 not accord th)se r8cord$'. or the 8ccounts do not comply with the applKablo requirerrents concemlng the fom and content of accounts sel out In fhe Charitie$ IA¢cwnts and Rewrts) ReguLglk)ns 2008 other than any requirement that the accounts o trufr arKI fair vlew 1$ not a matt8r considered part d an Indèpond9nt examlnalion. I have no concems and have come across no other mattern in conneclKY) wilh the examinaticfft to whlch att8ntSon Should be drawn In this rep¢)rt In Order to enabkn a proper understandlng ol the accounts to be re8ch6d. Sian Marshall for and on bghaN of W5111am• Ros$ LlmSt•d Chart•rod Accountsnts 4 Ynys Bridgo Court Gwaokjd Y Garth C8rdiff CF15 9SS Dalè
Ctry UNrrED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY STATEMENT OF FINANCIAL ACTIVrnES YEAR ENDED 31 DECEMBER 2023 2023 unr••Irl Furtd¥ G•n•r•l D•slgn•t•d 2022 Totsl Fund¥ Total Funds INCOME Voluntary Incorn• Direct giving Glft Aid 18x refund Grants recelvgd Legacios and donattons Inv•stment Incom• Inlere818nd dlvldends 8.842 1.960 32,000 4.901 8.842 8,089 1,488 34,500 7,386 32.000 4.901 9,821 9,821 7,991 Other Incom• Use of premi$98 Sundry inMme Totsl Income 45.856 45.856 31.148 103,380 103,380 90,604 EXPENDrruRE Charitable aclfvltl•• Minlslry and Ml$$ion Mlnl8lerlal expenses Churth weml8es expen¥gs S8lar19S Admlnislrats've costs Donation8 and gifts Deprèciation Independent Examiners fees Totsl •xp•nditw• 24,868 5.896 47,CM)2 22.671 1.986 1,089 3.431 960 24,868 5,896 34,773 22,671 1.986 25,038 6.425 29.283 23,420 2.185 1,237 2,777 1,020 91,385 12.229 4CM) 1,251 2.180 111,615 97.735 13,880 Op6rallng 8urplu8 1 Ideficitl (8.2351 5,645 (13,880} {7811 M•t galns I Ilo••è¥l on Inv••tm•nts 12,752 12.752 12.277 12277 475 475 10,763 110.7631 {11,5441 N•t In¢om• l (•xp•ndltur•) 4.517 17.922 {13,405) Transfers botsv8en funds N•t 0M•nt In Funds 141 141 4.517 18,063 (13,5461 (11,544) R?conelllatlon of funds BaLences at beginning of year Bal•n¢es •t end ot y•ar 422.304 260.898 161,406 433,848 426 821 147 860 422,304
crry UNrrED REFORIIED CHURCH CARDIFF IOalERAL FUND8) CHARrrY BALANCE SHEEr 31 DECEIIBER 2023 33,958 12,351 251,71M 238.952 285.662 251.303 Dèbtors Srt term deposits- CAF Gold Cash ai bank and In harKI 10,162 110,108 57.392 177,662 129.874 147,450 141.159 171,001 TOTAL MEf A88 Repre8enty"rrfJ: General fvn De8lgnated funds 10&11 10811 278,9S1 147.860 260,898 181,406 Approved by the n*etinp of the ek1ern on ............ b¢hall ty: and slgned on their
CITY UNITED REFORMED CHURCH CARDIFF {GENERAL FUNDS) CHARrrY NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2023 1 ACCOUNTING POLICIES The 8ccounts have been prepared in occordance Ydilh Accounting and Reportiry by Charities.. Statement of Recommgnded PraGttce applicable to ChalitS preparing thw'r accounts in acD)rdance with the FinancLql Roportlng Stsndard applicable In the UK and Republic of Ireland {FRS 1021 (eCte 1 Janvary 2015)- (chariti SORP (FRS 1021). the Finandal Rew1ing Standard apF1icab In lh8 UK 8ThJ Republ of Ireland IFRS 102). The parNcular 8ccounllTrJ pdk40s usod are d0s(xlbj b81N. al Donatlon• Donauons arè accounted for gross received. b) L•gJ¢l•• Legad•s ar• accnIed fr*when Ihwr recelpt is c•rtakn and can b8 prolty quantffifjd. ) knv•¥tm•nt Incom• Invèth8nl Incomg is Inchmled in ts acoxmts In lh8 yoar in whlch tt Is rec8ivgblo. dl Grnnts payabl• The Charity makes grants lo othtr orgonisalths wh)se ctharltable Ob comement Its work. They ore accounted for in year in which they are pald. Q C111fl¢al1OTh of funds Funds 8re classified accrdIng to th• m8nn8r in whlth arg 8llow8d to bg spent. The Genèrnl Fund deals Wth furKls that can be Spent generally fcy furthèrfng the reTrIg and charrtob work of the church. D¢signaled thjnds arè furKls have ba8n sèt 88lde lor spédfic purpo¥e8 but vthich wi be relumfjd lo the General Fund al any time if Church Meeting 80 decides. Restriclgd funds are furmts whose use Is restrktfjd according to the terms on whlch they were recelvod; for examplè. collfrxions for specific caus08, or propgrtles thè pweds of a sale of whlch eannol bè u#èd the1 the appro1 ol URC Sd for Walgs. gl Tanglblo Ilxed a8••ts The church buildlngs. and flxtures ond fftlings consider&J lo be an integral part of the bulldlng, Including the organ. 8re not Included in these 8c¢ounls as thay held on separa1& Irusts. Othgr flxed assets are 8tsted al eslimatgd market value or Cost. except that items costiry bss than £250 are written off In the year of purth88è. In 2004 & 2005 the churth incurred costs of £29.392 {nel 01 £9.081 member d81$) on the SoLTrth Porch oject whlch prowded a rW kilchen and shtyrter roorn. As City United Reformed Church will derbve beneifts from this project for many years to corn, il was declded to capitallse the Costs aTrJ vKile them off over the estimated us&ful economk Ilfe of the kitchen and shower room. DepCIalIOn is cal1¥ted al the folkMlrKJ percentages on 81 or valualion.. South Porch proiect - 5% stralght Im Church ftxlures & oqulpnnt 5% straFht line Office equipment 10% stravJhl line Kltthen equipmgnt - 10% straKJht line h) Inv•stm•nts Investments are ststed at thelr market vBkn8 as at the balae sheat dats.
CITY UNrrED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY NOTES TO THE ACCOUNTS (contlnuod) YEAR ENDED 31 DECEMBER 2023 2 . TANGIBLE FIXED ASSETS Kttehen Fithres & Equiplrt Equipment Refijrbi EqpMont m•nl Tolal Cost or valuation Al 1 January 2023 Addibons during year Al 31 December 2023 29.392 34,242 38.283 122,911 25.038 29.392 34.242 38.283 122.911 D•pr•clatSon Al 1 January 2023 Charged during yoar At 31 Demb•r 2023 27,9 25.079 36,497 110,560 1,402 182 1,251 3,431 113991 book v•lu• Al 31 December 2023 Al 31 Docember 2022 1.786 3 - INVESTMENTS 2023 2022 G•noral Fund• City URC Reserve Account FP CAF UK Equlty Fund 142774.566 unlts 229,089 City URC Reservo Account FP CAF ESG Income & Growlh FuThl 6075.75 unlts 241,368 D••lgnat•d Funds Endowment Tnjgt Fund Inve8co UK Opportunrbes Fund 6075.75 shares Total Inv••trn•nt¥ - at marft•t v•lu• 10.338 251,704 9.863 238,952 4- DEBTORS 2023 2022 Debtors Prepaid exponses 5,647 4.515 10,162 4.507 9,503
crry UNrrED REFORMED CHURCH CARDIFF (GENERAL FUNDS> CHARITY NOTES TO THE ACCOUNTS (continued) YEAR ENDED 31 DECEMBER 2023 5- CASH AT BANK AND IN HAND 2023 2022 General Current acxount Endowrngnl Trust FurKI 6,829 1,244 8.073 55.748 6 - CURRENT LIABILITIES 2023 2,022 PAYE and National Insurance Accrued expenses 1,008 1,327 6,661 7 . EMOLUMENTS OF EMPLOYEES The lot81 emoluments of employees of Ihe churth was £20.89112022- £22.390) The average number of employees was 1 12022- 2). 8 - TRANSACTIONS WITH TRUSTEES The Ghun madè no payThnts to any Indrdual$ (leeM to be old8ts in Iholr capadty a$ elders {2022- NIII. 9- INDEPENDENT EXAMINER The f80 thargod for th• year16 £960 IndudlThJ VAT12022- £10201. 10- MOVEMENT IN FUNDS At 1 Jhy Oth•r ¥1 D•urnbw 2023 Unrestrfcted- G¢ngral Fund 260,898 40.918 108,691 103,380 {97,735) 16.1201 16.1091 11,2511 (400) 12.418 278.961 De8ignèlèd- Church Repalrs Legacs Legacy assets EndowTngnt Church Prlect 34,798 125,0381 25,038 475 11411 12,752 23.787 11.731 11.656 141 TOTAL FUNDS 422,304 103,380 111,615 426.821 Summary of th• abov• Unre51ncto<1 - General - Deslgnated 260.898 161.406 422.304 103.380 {97.7351 113,8801 111,615 12.418 334 278,961 147.860 426,821 TOTAL FUNDS 103.380 12,752
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY NOTES TO THE ACCOUNTS (continuod) YEAR ENDED 31 DECEMBER 2023 11 . ANALYSIS OF NET ASSEfs BEfwEEN FUNDS Tan¥ib N•t cwr•n¢ Total Gen•ral Fund 10.171 278 961 Defjlgnat funds: Church rnpalr8 Legaaes Legocy asse18 Mlsslon Fund I Churth Proioct Endowment Trust 34,798 34,798 23.787 23.787 10.338 1,393 113735 11.731 147.860 10.338 33.958 10.338 382.525 426 821 10
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARrrY NOTES TO THE ACCOUNTS (continued) YEAR ENDED 31 DECEMBER 2023 12 DETAILED BREAKDOWN OF COMPARATIVE INCOME AND EXPENDrruRE FOR YEAR ENDED 31 DECEMBER 2022 2022 Unr••trl¢t•d FurKI¥ ¢knwr•l D•1 FLM INCOME Voluntary Incom• Direct givl Gift Ald tsx refund Grants received - General grants Le9ades and donal)n$ Inv•$tment In¢om• Interg$1 ond dlvidends 8,089 8,089 1.488 6.386 1.000 7,991 7,991 Other Incomo Use of prtsmises Sundry Inc£m• Tot81 Income 31,148 31,148 89,604 1.000 EXPENDITURE Costs ol Generating Fund• Mlnistry and Misslon Mlnislerial expenses Church premlsos expo08 Solarles Administrallve costs Donallons and grfts Depredation Independènt Examiners fge8 Totsl expendilurg 25,038 8,425 29,283 23,420 2.185 1,237 2.777 1.020 91,385 25,038 6.425 29.129 23,420 2,185 1,237 2,777 1,020 91,231 154 154 0ratIng gurpu8 1 Idgfidl) 17811 11,6271 Nel galns I1108¥e81 on Investments 10.763 {10,763) 11,479 111,4791 718 718 Net Income I l?xpendhur•l Transfers between furKIs Not h19ment In Funds (11.5441 113,100) 1,562 111.544) (13.1061 1,562 R•¢on¢lllatlon of funds Balances al beginning of year Balane•$ at •nd of year 433.848 274,004 159,844 421304 11
CITY UNrrED REFORMEO CHURCH CARDIFF (GENERAL FUNDS) CHARrrY DETAILED INCOME STATEMENTS - GENERAL FUND YEAR ENDED 31 DECEMBER 2023 2023 2022 Dlr•ct glvlng Loose Collèctn8 Planned givlng 1.770 7.072 1,502 6,587 8.089 Glll Ald t•x r•fund 1.488 Grants recoived Cty URC Chanty- Gen8rn1 Govemmenl grants 32,1)00 32,000 2,500 34.500 32.1)00 D¢)natlons •nd grnnts RPC contrIbuti8 lo rn8n8e costs Donations & Gilts Donations - specknql purpose 4.409 238 254 4,901 5.339 340 707 6.386 Int•mt r•c•lv•d Bank Interest Invgsfment dlvldend8 2,535 7,286 9,821 450 7.541 7,991 V•• of pr•ml••s Car park Lettings Wayloav8- S A Br81n 20.828 16.404 8,626 45,856 8,582 14,015 8,551 31.148 Oth•r Inc*>m• Sundry Income Total Incom• - G•n•ral Fund 103,380 89,604 ThL8 page (bgs t forni pari of the full accounts. 12
crry UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY DETAILED EXPENSE STATEMENTS - GENERAL FUND YEAR ENDED 31 DECEMBER 2023 2023 2022 Mlnlstry and Ml8slon Synod contrlbirtlon R•glonal Pastoratg Exp•n8•8 24,246 24.246 022 792 25,038 Manm Exp•n¥•¥ Insurance Councll tsx and water ratOB Rèpairs and tlttlros 431 3,605 1.610 438 3.330 2.607 6.375 Church Servic• Exp•ns•• Pulpit suppllas 150 250 50 50 Church Pr•mls Exp•ns•s Rates and walef Insuranc8 Churth rgpaiTS and renewals Fumlshlngs and equipment IT repairs oryj equwent Lyhl & heat Organ and piarKtr knnlrvJ •1¢. 309 7,466 5.750 1,653 614 18,043 938 393 6,482 5,750 1.083 1.159 12,575 1.687 29,129 341irl•¥ l Dlr•¢tor of mu•l¢ costs Wwdenl caretaker Organlsts 20.891 1.780 22.671 22.390 1.030 23,420 Admlnl•trAttv• Costs Prknting and ad¥grt58lr sdry expenses Tethne Ind8p9ndenl •xamlner fee Bank charges 482 904 539 1.641 383 1,020 61 6,658 3,205 Outr••ch & Ml¥si1 {CACEC •tcl OonAtlon8 and glfts Membèrs. 8peclal purpo8 Other ftS and donatths 154 535 689 500 737 1.237 D•prnclatlon 2.180 2,777 Total •xp•ndltur• . G•n•r•l Fund 97.735 91,231 Transfgr to Church Repalr Fund Total oxp•ndlture and traDsl•r8 from G•nernl Fund 97.735 91,231 This page does not form part ofthe lull acLxMmts. 13
CITY UNITED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARrrY DESIGNATED FUND ACCOUNTS YEAR ENDED 31 DECEMBER 2023 2023 2022 Church Rapalr Fund Incom• Exp•nditur• Pald out in year 6,120 6,120 154 154 Transftr from I (lol Gen8ral Fund Nel movement In y6ar Op8nlng baLqrrte Clolng b•l•n 18.120) 1154) 40.918 41,072 Legacios Incom• Lggaci88 1.000 Exp•ndltur• Expendilurg 6,109 6.109 Transfgr to fixed assets 25.038 Net movemènl In year OpenSng balan0• c11n9 bal•nc• 131.147) 108,691 1,01)o 107.691 108,691 Mlfjslon Fund I Church Projoct Incom• D¢)natKn6 Exp•ndlturo Olh8r charity donations N8t movement in year OpenSng balance Transfer from Benevoknl Fund Closlng balanc• 141 141 (141) This does t fom) part of the fvll acc¢Junts. 14
crry UNrrED REFORMED CHURCH CARDIFF (GENERAL FUNDS) CHARITY DESIGNATED FUND ACCOUNTS YEAR ENDED 31 DECEMBER 2023 Endowment Trust Fund {Doslgnated) 2023 2022 InGom• Investment dkndends Tax refund on irwestsn6nl dividends Exp•ndltur• Paid out in year 400 Nel movement In year I4> Raalised IT sale of In¥981ment {4001 Op8nlng balance 1.793 1,793 Closlng bal*n¢• Inv•#tm•nt- Inv•#GO UK Opportunltl•s Fund: 6075.75 1607S.75 unrts at Market Valu8 10,338 Thls page does rnt fomi part of the fvll a¢c(MJnts. 15-