REGISTERED CHARITY NUMBER: 1131153
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
CONTENTS
YEAR ENDED 31 DECEMBER 2024
Page
Reference and administrative details of the charityi its trustees and advisors
Trustees, report
Independent examiners, report to the trustees
10
Statement of financial activities
11
Balance sheet
12
Notes to the financial statements
13-24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS
TRUSTEES AND ADVISERS
YEAR ENDED 31 DECEMBER 2024
Members of Ministry Area Council
lan Davies, Gareth Glover. Reverend Canon Jan Gould, Reverend Dr Rhys Jenkins, Jean
O'Keefe, Kate Puzey, Reverend Jesse Smith. Gareth Tombleson, Reverend Canon Andrew
Sully, Peter Kellam and Mark Saunders
Paula Yates, Susan Parsons, Reverend Susan Hurrell. Sylvia Watkins, Reverend Sian Parker,
Sarah Sharp and Reverend Sion Brynach joined the Ministry Area ofwest Cardiff in April 2024
as Ministry Area Leader.
Robert Bridle joined the Ministry Area of West Cardiff in April 2025 as Ministry Area Leader
and Liza Tercero also jcined the Ministry Area of West Cardiff in April 2025.
Co-opted Members
Gareth Glover
Ministry Area Treasurer
Peter Kellam
Ministry Area Property Lead
Ministry Area Safeguarding Officer
Ministry Area Communication Lead
Mark Saunders
Gareth Tombleson
Lay Chair
lona Gordon
MAC Secretary
Jean Gorey
Charity registration number
1131153
Registered Office
12 '1'hompson Avenue
Cardiff
CF5 1EY
Independent Examiner
J P.oderick, Bsc ACA
WJ James & Co Limited
Bishop House
10 Wheat Street
Brecon
Powys
LD9 7DG

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The Charity Trustees (the Trustees) of The Parochial Church Council of the Ecclesiastical
Ministry area of West Cardiff (the Trust) present their annual report together with the financial
statements of the Trust for the year ended 31 December 2024.
These financial statements have been prepared in accordance with Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland (FRS 102} and Charities Act 2011 and the Trust's
Constitution.
OBJECTS AND ACTIVITIES
The promotion of the whole mission of the Church. pastoral, evangelical, social and
ecumenical. in the Ministry Area of West Cardiff (including Ely, Fairwater & Canton)
ACTIVITIES UNDERTAKEN TO FURTHER THE TRUST'S PURPOSES FOR PUBLIC
BENEFIT
The Trustees have refer". ed to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Trust's aims and objects. All these aims are
undertaken Io turther our objective for the public benefit.
REVIEW OF ACTIVITIES
Ministry Area Leader Report:
No report received.
Report of the Ministry Area of West Cardlff Treasurer
No report received.
St Catherine's Church, Canton
No report received.
St Timothy's Church, Ely with Caerau
No report received.
St David's Church, Ely with Caerus
No report received.
St Luke's Church, Canton
No report received.
St John's church, Canton
No report received.
St Peter's church, Fairwater
No report received.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Church of the Resurrection
No report received.
MAC Secretary Report
No report received.
SAFEGUARDING
No report received.
Ministry Area Vision I Plan
No report received.
Eco Church
No report received.
Social Communication
No report received.
Property
No report re￿Pl￿"ed

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
The Church in Wales . The Diocese of Llandaff
MINISTRY AREA OF WEST CARDIFF
Registered Charity No."1131153
VESTRY MEETING
Minutes of the meeting held on Sunday 2Ph April 2025
St Peter's Church at 6.00 pm
Present .
Robert Bridle, Beryl Cooke, Reverend Sion Bryf1a￿h. Carol Cobert, lan Davies, Ruth Davies,
Morgan Gell, Norma Gell, Gareth Glover, Jean Gorey, Reverend Canon Jan Gould, Cynthia
Hill, Reverend Sue Hurrell, Reverend Dr Rhys Jenkins, Peter Kellam, Richard Marsh. Jean
O'Keefe, Reverend Sian Parker, Kate Puzey, Stephen Puzey, Karen Rabjohn, Kirsty
Riddick, Colin Rossiter, Reverend Jesse Smith, Margaret Smith, David Snelson. Barbara
Sparks, Reverend Canon Andrew Sully, Chris Ward, Sylvia Watkins, Paula Yates, Jayne
Young.
Chair-
l_ila Tercero
1. Opening Prayers
everend Andrew Sully
lona Gordon. Sue Parsons, Mark Saunders, Sarah Sharp. Gareth
ombleson, Clive Westwood, Hilary Westwood.
. Apologies
cceptance of Minutes.
.Minutes of the last
nu81 Vestry Meeting 21
ril 2024,
5t
roposed by Colin Rossiter
econded by Reverend Sian Parker
Matters arising
None.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
Reverend Canon
drew Sully opened the
eeting.
everend Canon Andrew Sully talked about what his vision is of the
uture of the Ministry Area,
Gratefulness
Providing a welcome in our churches
Would like to see more pilgrimage to get to know each other
Missionary
Kindness to each other
Spending time with each other and how we can build up our
profile.
Post Covid our churches are more fragile
Ministry Area Report for
24
fler discussions on the report it identified four items to be changed.
St Catherine's
St Luke,
Church of the Resurrection
Property Report
is report was accepted on condition of the above alterations.
roposed Paula Yates
cce
ted Peter Kellam

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
l. Presentation of
ounts
"areth presented to overall MA Accounts , showing an overall increase
er the year of £4,000
e then explained thal individual churches would know their own
rofitslloss from 2024 from their accounts presented to Church Councils
y their individual treasurers.
owever, because the large sums spent in building repairs and large
rants received to help pay for this, distort the basic profitability of each
hurch, the figures at Section 1 are provided simply to indicate which
hurches are fundamenlally viable and those there are concerns about.
his indicates that St Peters and St Johns presently are of concern,
Ithough St Peters has undergone changes regarding the finances of the
all which should rectify this in 2025. St John's remains a significant
oncern although it presently has good reserves.
roposed by Father Rhys Jenkins
econded by Reverend Canon Andrew Sully
ESectioiis
e following people were nominated, proposed and seconded and duly
lected unopposed.
inistry Area Chair
iza Tercero
inistry Area Wardens
ean O'Keefe
aula Yates
hurch Wardens representing their Church on the MAC
aratri S￿l￿rP - Church of the Resurrection
an Davies - St John's
ue Parsons - St Catherine's
obert Bridle - St David's
Sylvia Watkins - St Luke's
ate Puzey - St Peter's
o-opted
areth Glover - Ministry Area Treasurer
eter Kellam - Ministry Area Property Team Leader
ark Saunders - Safeguarding
areth Tombleson - Communicalions
ean Gore
- MAC Secreta

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
ppointment of
Independent Examiner
J James of Brecon has been appointed the MA Independent Examiner.
10. Announcements
everend Canon Andrew wished Margaret Smith a happy birthday and we
ang happy birthday to her. she commented that she has been on the
hurch council of St Peter's for 62 years.
Reverend Canon Jan Gould. will be retiring at the end of July. Everybody
is invited to her celebrations on Sunday 27th July at 4pm in Church of
Resurrection.
ur best wishes and prayers go to Sue Hurrell and Sian Parker as they will
e ordained to the priesthood on Saturday 28th June al the Cathedral. All
re welcome.
Confirmation service to take place Sunday 8th June. at Church of ilie
Resurrection at 6pm.
anked Cynthia Hill for her work for St David's on the MAC.
11. Future Ministry Area
ouncil (MAC) Meetings
hursday 10 July 2025 6.30pm - 08.00pm at St John's Church Canton
onday 3 November 2025 6.30pm - 08.00pm venue TBC
12. Prayers
here was a silence for the people who had passed away at John's and
he church of the Resurrection.
anon Jan Gould finished with prayers.
eeting finished at 7'.15pm

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
GOING CONCERN
Taking account of the Charity's assets, the Trustees have a reasonable expectation that the
Charity has adequate resources to continue in operational existence for the foreseeable future.
For this reason, they continue to adopt the going concern basis in preparing the financial
statements. Further details regarding the adoption of the going concern basis can be found in
the Accounting Policies.
RESERVES POLICY
The Trustees have established a level of freely available resendes which excludes restricted
reserves and tangible assets sufficient to meet six months, worth of expenditure currently
approximately £182.500. At the year-end unrestricted reserves were £222,112. Trustees are
working to ensure sufficient reserves are maintained.
INVESTMENT POLICY AND PERFORMANCE
The Trustees have wide powers of investmenl and they have reviewed the Charity's
investment strategy and performance in order to reduce the exposure and risk of Trust funds
whilst retaining income generating capability. The performance of the investmenl portfolio is
set out in Note 13 to the accounts.
STRUCTIJRE, GOVERNANCE AND MANAGEMENT
CQNQYI I bTICN
The Charilv d prpvicijsly excepted charity, and its governing document is its Constitution
dated 20 Jap.Ur.", y 201 ￿ which has been further amended 1 uanuary 2021.
METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The trustees are re-elected at the Annual General Meeting each year which must be held
before 30 April. All licensed clergy in the MA are trustees. The Lay chair, two MA wardens
and one representative from each church in the MA are voted in each year as trustees. Other
members in specific roles are co-opted onto the MA council ie Secretary, Tre.asurer. Propety
Lead. Safeguarding officer and Communication lead and are trustees also.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 DECEMBER 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Trustees, Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
harity and of the incoming resources and application of resources of the charity forthat period.
In preparing these financial statements, tlie trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principle.8 in the Charities SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent.,
stale whether applicable accounting standards have been followed. subject to any
material departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate
to presume that Ihe charity will coniinue in operation.
The trustees are responsible for keeping proper accounting records that disclose with
reasonab5e accuracy at any time the financial position of the charity and enable them to ensure
thai ihe fiiiancial staterTr,ients comply with the Charities Act 2011. the Charities (Accounts and
Reports) Requ13tions 2008 and the provisions of the trust deed. They are also responsible for
afeguardir,g tna aJsetL' of the charity and hence for taking reasonable steps forthe prevention
and detection of fraud and other irregularities.
Approved by order of the Trustee Board on .. /.). £(
by
2025 and signed on their behalf
Chair of Trustees

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
MINISTRY AREA OF WEST CARDIFF
INDEPENDENT EXAMINER'S REPORT
YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL
CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST CARDIFF
('the Charity,)
I report to the charity trustees on my examination of the accounts of the charity for the period
ended 31 December 2024 which are set out on pages 11 to 24.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my eY.aTination of the charity's accounts carried out under section 145 of
the Act and in carrying out my examination I k,-ve followed all the applicable Directions given
by the Charity Commission under section 145(5)(b> of the Act.
Independent examiner'.s statement
Since tlw. c.ompap,y's g* oss income exceeded £250,000 your examiner must be a member of
a bof.ty Iisif>d iri seci4on .1 45 of the 2011 Act. I confirm that l am qualified to undertake the
examiriation beeAuse l am a member of Institute of chartered accountants, which is one of
the. listed bodie
I have r.onipleled Iny e-.gminaiion. I confirm that no material matters have come to my attention
in coiinection wilh the tsxamination giving rne cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130
of the Act; or
2. the accounts do not accord with those records,. or
3. the accounts do not accord with the applicable requirements concerning the from and
conteiit of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fair vie, which is not a
matter considered as part of an independent examination.
I have no concerns and have come across na OLher matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
J M Roderick Bsc ACA
WJ James & Co.
Chartere(l Accountant
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG
1s...aLk*).¥. 2026
10

TFIE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restricled
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Note
INCOME FROM:
Donalions and legacies
Charitsble activities
Other trading activities
Investments
Other income
243.472
20,031
155,684
4,315
31,201
53,141
296.613
20,031
158,207
13,716
31,201
226,466
19,187
121,977
1,228
24,660
2,523
9,401
TOTAL INCOME
454,703
65,065
519,768
393,518
EXPENDITURE ON:
Raising funds
Charilable activities
3,604
464,820
3,604
500,478
3.065
424,205
35,658
TOTAL EXPENDITURE
468,424
35,658
504,082
427,270
Ik'et Gain•l{IossEi> on investments
{183}
11831
951
NET INCOMKIIEXPENDITURE)
(13,903)
29,407
15,503
(32.801)
Transfers belMeen funds
17
22,016
122,016}
NET MOVEMENT IN FUNDS
8.112
7,391
15.503
132,801)
RECONCILIATION OF FUNas
Total funds b¥ought foward
214,001
121,852
335,853
363,654
TOTAL FUNDS CARRIED FORWARD
222,113
129,243
351,356
335.853
The Statement of Financial Activities includes all gains and losse5 recognised in the year.
All of the activitiee of the charily are classed as continuing
The comparative funds are detailed in note 12
The notes on pages 13 to 24 form parl of these financial Statements
11

TFIE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Nole
FIXED ASSETS
Tangible fixed assets
Investments
13
14
8,484
72,067
72,250
80,551
72.250
CURRENT ASSETS
Debtors
Cash ai oank and in hand
15
4,024
267,981
272,005
2,382
26£,321
264,703
Creditors - Amounts falling
due withir. or,e year
16
(1,200)
NET CURRENT ASSETS
270,805
263,603
TOTAL ASSETS LESS CURRENT LIABILITIES
351,356
335,863
TOTAL NET ASSETS
351,356
335,853
CHARITY FU14DS
ilnA estricted funds
Gene.rts
Restricied funds
17
17
222.113
129,243
214,OD1
121.852
351,35S
335,853
These financial statements were approved by the trustees and authorised for issue by the trustees on
2025 and are signed on its behalf by..
Twstee
Trustee
The notes on pages 13 to 24 form part of these financial statements
12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES
Statement of complianca
The financial statements have been prepared in accordance with the second edition of the Charities Stslement
of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland {FRS 102) and the Charities Act 2011.
Basls of preparatlon
The Ministry Area of West Cardiff meets the definition of a public benefit entity under FRS 102. The accounts
{financial statements) have been prepared under the hislori¢al Cost convention with items recognised al cost or
transaclion value Linless otheMise slated in the relevant nole(s) to these accounts.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bullelin 1 published on 2 February 2016 and have therefore not Included a
cash flow statement in these financial statements.
Going concern
The financial stalements have been prepared on a going concem basis.
The trustees assess whether the use of going concem is appropriate i.e. whether there are any material
vncertainlies related lo eveiits or conditions that may cast significant doubl on the ability of the charity to
continue as a going concern. The trustees make this assessment in respect of a period of one year from the
date of approval of the financial statements.
Incoming resources
Voluntary income including donations, gifts. legacies and grants that provide core funding or are of a general
nature is recognised when the charity has entitlement to the income. It is probable that the income will be
received and the amount can be mèasured with sufficienl reliability.
Donations and legacies are recognised on a receivable basis when re¢ciFI .'s probable and the amounl can be
reliably measured.
Donated services or facilitie5. which comprise of donated services, are included in income at a valuation which
is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No
income is recognised where Ihere is no financial c05t borne by a third party.
Grants are recognised when the charity has an entitlement lo the funds and any conditions linked to the grants
have been met. Where performance conditions afe attached to the grafil diid are yet to be met, the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Govemment grants are recognised based on the acGrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or lo assets. Grants relating lo
revenue are recognised in income over the period in which the related costs are recognised. Grants relating lo
assets are recognised over the expected useful life of the asset. Wher p3rt of a grant relating to an asset is
deferred, it is recognised as deferred income.
Gift Aid relief on eligible donations is recognised on an accruals basis at the same point as the original donation
In¥estrnent income is recognised al the lime of being received.
13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
I ACCOUNTING POLICIES (CONTINUED)
Expendlture
All expenditure is reco9nised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading ihat aggregate similar Costs to that category. Where costs cannot be directly attributed lo
pariicular headings they have been allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's
use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are cost5 incurred in attracting volunlary income, the managemenl of investments and thos8 incurred in
trading activities that raise funds.
Charitable a¢tivitles
Charitable expenditure comprises those costs incurred by Ihe charity in ihe delivery of its activities and
seNices for its beneficiaries. It includes both costs Ihat can be allocated directly to such activities and Ihose
costs of an indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory requirements,
including audit, slralegiL managemeiit and trustees, meetings and reimbursed expenses.
Taxation
Tle charity is conpoidered 4LO paavs tlie tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and
theiefore il meets the definiiioil of 3 charitable company for UK corporallon tax purposes. Accordingly, the
charity is potentially exernpt from taxation in respect of income or capital gains received wilhin categories
covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains A¢1 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £1,000 or more are initially recorded at cost
Trade debtors
Trade and other debtors are recognised at the setllemenl amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due,
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-temi highly Ilquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Trade credltors
Creditors and provisions are recognised where the Gharity has a present obligation resulting from a pasl event
that will probably result in the transfer of funds lo a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditor5 and provisions are normally recogni5ed al their settlement
aniount after allowing for any trade di5counls due.
14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES (CONTINUED)
Fund structure
Unrestricted income funds are general funds that are available for use at the truslees, éiscrelion in furtherance
of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donaled for use in a particular area or for specific purpose5, the use of
which is restricted to that area or purpose.
Penslons and other post rotirement obligatlons
The charity operates a defined conlribution pension scheme which is a pension plan under which fixed
contributions are paid into a pension fund and the charity ha5 no legal or constructive obligation to pay further
contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to
employee servlce in the currenl and Fl'ior periods.
Contributions to defined contribulion plans are recognised in the Statement of Financial Activities when they
are due. If contribution payments exceed the contribulion due for service, the excess is recognised as
Financlal
instruments
ClassifiGalion
F'inancial assets and financial li?bil'iits are recognised when the charity becomes a paty lo the contraclual
provirions of the instrumenl
"4nallCi?.I liabilities and eouify in%lTuments are classified according to the substance of the contractual
arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets
of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets 2nd liabilities arp. iryi+.'ially measured at transaction price (including transaction costs), except
for those financial assets classi.ied as at fair value through profit or loss, which are initially measured at fair
valLJe {INhicli is norrr.'ally the transaction price excluding transaction costs), unless the arrangement constitutes
a finanuing transaclii>n. If an arrangement Constitutes a financing transaction, the financial asset or financial
liability is measured at the present value of the future payments discounted al a market rate of intefesl for a
similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when. and only when there
exists a legally enforceable right tD. let off the recognised amounts and the charity intends either lo settle on a
nel basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) Ihe contractual rights to the cash flows from the
financial asset expire or are settled, b) the charity transfers to another paty substantially all of the Tisks and
rewards OF ownership of the financial asset, or c} the charity, despite having retained some, but not all,
significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabililies are derecognised only when the obligation specified in the contract is discharged, cancelled
or expires.
15

TIE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2 INCOME FROM DONATIONS AND LEGACIES
Unrestrlcled
Funds
2024
Restrlcted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Planned giving {direct debit & SO)
Loose Collections
Donations
For Mission
Tax Reclaimed Gifl Aid
Legacies
Grants
96,702
18,670
35,786
4,878
30,591
96,702
18,670
35,786
4,878
30,591
106,751
16,713
29,092
3,513
23.511
56,845
53.141
109,986
46,886
243,472
53,141
296,613
££IJ.4DD
Total 2023
192,288
34,178
226,466
During the year grants were received from the following-
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Totsl
Funds
2023
National Loltery Cornmiinity Fund
Vvelsh Phurc>,e
Llanddff Df3r
Cardiff council
Othef Small grants
24,673
24,673
3,000
5,400
37.936
38.977
32.220
3,000
5,400
9,468
38.977
28.468
14,666
56,845
53,141
109,986
46,886
3 INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Fees
20,031
20,031
19.187
20.031
20,031
19,187
Total 2023
19,187
19,187
16

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
4 OTHER TRADING ACTIVITIES
Unrestricted Restrlcted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Fundraislng
Hall Rental Income
Sundry
38,893
11 5,956
835
2,523
41,416
115,956
835
33,777
84.672
3.528
155,684
2,523
158,207
121,977
Total 2023
121,977
121,977
5 INVESTMENT INCOME
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Investment income
4.315
9,401
13,716
1,228
4,315
9,401
13.716
1,228
TOTAL 2023
1,228
1,228
6 OTHER INCOME
Unrestricted Inrestricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Rebates (esp. Parish Share)
Other income
24,201
7,000
24,201
7,000
26.112
{1,452)
31,201
31,201
24,660
TOTAL 2023
24,660
94,660

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
7 ANALYSIS OF EXPENDITURE BY ACTIVITIES
Activilies
Wages & Undertaken
Salaries
Directly
2024
2024
Total
Funds
2024
Total
Funds
2023
Charitable activities
42,614
457,864
500,478
424.205
42,614
457,864
500,478
424,205
TOTAL 2023
28,906
395.299
424,205
Analysis of direct Costs
Total
Funds
2024
Total
Funds
2023
Parish share
Parochial expenses of clerics
aaintenance of seTviC,e>
K3eneral parish experises
laintÉnanre of ¢l)iir¢hes
I lainl£-nance of other property
Mission and 9ranl parish
Mission and grant homelworld
168.673
7,657
13,094
107,359
179,027
5,635
2,225
16.808
173,175
9.025
14,887
62,927
149.154
4,241
2,006
8,790
500,478
424.205
8 INDEPENDENT EXAMINER'S REMUNERATION
2024
2023
Fees payable to the Trust's independent examiner in respect ot:
Independent Examination
1.200
1,100
STAFF COSTS
2024
2023
Wages and salaries
Social Security cosls
Contribution lo defined contribution pension Schemes
41,340
554
720
25,174
2,248
1,484
42,614
28,906
18

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
9 STAFF COSTS (CONTINUED)
The average number of persons employed by Ihe Trust based on full lime equvialents during the year was as
follows:
2024
2023
Employees
No employee received remuneration amounting to more than £60,000 in either year.
10 TRUSTEES. REMUNERATION AND EXPENSES
During the year, no trustees receiyed any remuneration of other benefits (2023 - £NIL).
During the year ended 31 December 2024, expenses totalling £Nil were reimbursed or paid directly to Trustees
(2023 - £Nil to trustees).
11 TAXATION
The charity is exempl from corporation tax on its charitable activities.
12 COMPARATIVE STATEMENT OF FINANCIAL A-TIVITY FIGURES
Unrestricted Reslrlcted
Funds
Funds
2023
2023
Total
Funds
2023
Total
Funds
2022
INCOME FROM:
Doiiations arid legaLies
Charitable activities
Other trading activities
Investments
Other income
192,288
19,187
121.891
1.228
24.660
34,178
226,466
19,187
121.977
1,228
24.660
244,882
21,725
144,680
942
31,473
86
TOTAL INCOME
359,254
34,264
393,518
443.702
EXPENDITURE ON:
Ralsing funds
Charitable aclivilies
3,065
397,427
3,065
424,205
3,839
425,177
26,778
TOTAL EXPENDITURE
400,492
26,778
427,270
429.016
Net Gains/(losses) on investmenls
951
951
110,519)
NET INCOMEI{EXPENDITURE)
141,238}
8,437
{32,8011
4.167
Transfers be￿een funds
103.594
{103,5941
NET MOVEMENT IN FUNDS
62,356
(95,1571
132,801)
4,167
RECONCILIATION OF FUNDS
Total funds brought forward
151,645
217,009
368,654
364,487
TOTAL FUNDS CARRIED FORWARD
214,001
121,852
335,853
368,654
19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13 TANGIBLE FIXED ASSETS
Fixtures &
fittings
Total
Balance as at 01.01.24
Additions
Disposals
Balance as at 31.12.24
10.605
10,605
10,605
10,605
Balance as al 01,01.24
Depreciation charge
Ellminated on disposal
Balance as at 31.12.24
2,121
2,121
2,121
2,121
Net book value at 31.12.24
8,484
8.484
Net book value at 31.12.23
14 INVESTMENTS
2024
2023
hlarket Value al 31 DeLein&>er 2023
Additionsl(Disposals)
Unrealised Gaii)slllosses)
72.250
71,299
(1831
951
Market Value al 31 December 2024
72,067
72,250
15 DEBTORS
2024
2023
DUE WITH ONE YEAR
Prepayments and accrued inc.ome
4,024
2,382
4,024
2,382
16 CREDITORS: AMOUNTS FALLING DUE WITH ONE YEAR
2024
2023
Accruals and deferred inLome
1.200
1,100
1.200
1,100
20

TFIE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17 MOVEMENT IN FUNDS
MOVEMENT IN FUNDS - CURRENT YEAR
Balance at
1 January Incoming
Outgoing
2024 resources resources
Balance at
Gainsl 31 December
{Losses)
2024
Transfers
inlout
Restricted funds
St Catherines
Mission Fund
Organ Flind
St Peters
Restricted funds
Quiet Garden
1,875
1499)
(1,000)
(1 .376)
447
14.327
13,774
1,125
414
(1,125)
(414)
Burial Ground Repairs
2.099
1250)
1,849
Friend5 of St Peters
Church
Stained Glass Window
Fund
Discretionary fund
Youth Work & Sunday
School
Social Prescribing
Projecl
Resilience fiind
gt David,:
4.622
(4,622)
5,325
11,440)
(3,885)
148
647
(97)
699
13,123
8.232
16.442
{18,379)
{13,829)
{7001
2.276
2,613
Church Appeal Fund
Boiler fund
Agency Collection
The Resurre￿ ron
ChurGII i-dbric
1,210
1.210
28.468
7,209
28,468
7.209
72,250
9.401
(10.505)
71,146
121,852
65,065
35,658
22,016
129.243
Unrestricted funds
General funds
214.001
454,703
{468.424}
22,016
(183)
222.113
214,001
454.703
468,424
22,016
183
222.113
Total funds
335,853
519,768
1504.082)
11831
351,356
The transfers from unrestricted lo restricted funds have arisen lo clear any deficit balances arising on any of
the reslri¢ted fund balances at 31 December 2024.
The transfe.r from restricted funds to unrestricted has arisen to Correct funds incorrectly Classified as restricted
at 1 January 2024.
21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17 MOVEMENT IN FUNDS (CONTINUED)
MOVEMENT IN FUNDS . PRIOR YEAR
Balance al
1 January Incoming
Outgoing
2023 resources resources
Balance at
Galnsl 31 December
(Losses)
2023
Transfers
Inlout
Restrlcted funds
St Johns
Funeral Hardshlp Fund
Vestments
St Catherines
J Senior Legacy
Choir
Boiler Fund
Church Fabric
Mission Fund
Organ Fund
St Petets
290
270
(2901
1270)
5,004
298
10,000
85,099
110
14,241
(5,0041
{2981
(11,8581
(65,099)
(1101
1.858
86
14.327
Other restri¢fted funds
130
996
414
1.125
414
2.099
Quiel Garde
Burial Ground Repdifs
Friends of St Peters
2.099
4.622
4,622
Stained Glass Window
Fund
Discretionary fund
Youth Work & Sunday
School
Social Prescribing
Projecl
St Davlds
5.325
5,325
995
{995}
351
(203)
148
28.557
32,220
{26,575)
{21,079)
13,123
Church Appeal Fund
Agency Collection
The Resurrectlon
Church Fabric
8,319
100
17,209)
7,209
1,210
7.209
71,299
951
72,250
217,009
34,264
26,178)
{103,594
951
121,852
Unrestricted funds
General funds
151,645
359,254
{400,492)
103,594
214.001
351,645
359,254
1400,492}
103,594
214,001
Totsl tunds
368,854
393.518
1427,2701
951
335.853
22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
17 MOVEMENT IN FUNDS (CONTINUED)
St Johns
Funeral Hardship Fund - thls represents donations received
Veslments - this represent donations received
Sf Catherinas
Choir - This represents donations received from parishioners to be used on or for the choir.
Boiler Fund - This represents donations received from parishioners lo be used in relation to costs associated
with the Church Boiler.
Church Fabrlc - This represents donations which have been given to church for ongoing fabric cosls of St
Mission Fund - This represents donations given to the church which are lo be given to specific ongoing
Organ Fund -This represents donations received from parishioners to be used in relatlon to costs associated
with the Church Orqan.
St Peters
Other restricted funds
Burial Ground Repairs -This represents donations re¢eived from parishioners to be used on specific repairs
to burial grounds
Friends of Sl Peters Church - This represents collectlons from the congregation to be spent in relation to
Friends of St Peters Church
Stained Glass Window Fund - Thi5 represents collection rnade from tlie congregation to be Spent on the
Stained Glass windows of churc.h
Discretlonary fund . This reiiresent% collections made by parishioners lo be spent at the Discretion of Sl
Peters Church
Youth Vlork & sutiday School - T,*￿￿1 represenls Collecllons ap.d donations received lo be used for youth
vtirk.
So¢ial Prescriblng Project - This project represents funding received from the lottery
Social Farm & Gardens - This represent Collections and donations received to be spent on the Gardens and
specifically creation of a quiet garden
Reslllence fund - This fund is for emergency works.
St David's
Church Appeal Fund - This represents donations and collections received to be spent in relation to Sl David's
Boiler fund thi5 fund is for new boilers that are needed.
Agency colle¢t5on fund - this fund is for previous agency work at the church. which is now defunct.
The Resurrectlon
Church Fabric - This represents investments which have been donated to church for ongoing fabfl¢ costs of
The Resurrection.
23

T14E PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL MINISTRY AREA OF WEST
CARDIFF
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
18 ANALYSIS OF NET ASSETS BETWEEN FUNDS
ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
Unrestricted
Funds
2024
Restrlcted
funds
2024
Total
Funds
2024
Tangible fixed assets
Fixed asset investments
Current assets
Ciedilors due with one year
8,484
72,067
142,762
11.2001
8,484
72.067
272,005
(1.200)
129,243
TOTAL
222,113
129,243
351,356
ANALYSIS OF NET ASSETS BETWEEN fuNDS - PRIOR YEAR
Unrestricted
Funds
2023
Restrlcted
funds
2023
Total
Funds
2023
Fixpd asset Investments
C*urrenl assets
reditors due with one year
72,250
142,851
11,'100)
72,250
264,703
11,100)
121,852
TOTAL
214,001
121,852
335,853
19 RELATED PARTY TRANSACTIONS
There were no related party transaclions durlng the year.
24