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|||Page|
|---|---|---|
|Report ofthe Ministry Area Council|||
|Financial
Review|||
|Independent
Examiner's|Report||
|Statement of Financial|Activities||
|Balance Sheet||10|
|Notes to the Accounts|||
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|HOLY TRINITY CHURCH, Mostyn St
And
STTUDNO'S CHURCH, Great Orms,|HOLY TRINITY CHURCH, Mostyn St
And
STTUDNO'S CHURCH, Great Orms,|HOLY TRINITY CHURCH, Mostyn St
And
STTUDNO'S CHURCH, Great Orms,|HOLY TRINITY CHURCH, Mostyn St
And
STTUDNO'S CHURCH, Great Orms,|reet, Llandudno
Llandudno
MINISTRY AREA COUNCIL (formerly
PCC) members:|reet, Llandudno
Llandudno
MINISTRY AREA COUNCIL (formerly
PCC) members:|reet, Llandudno
Llandudno
MINISTRY AREA COUNCIL (formerly
PCC) members:|reet, Llandudno
Llandudno
MINISTRY AREA COUNCIL (formerly
PCC) members:|reet, Llandudno
Llandudno
MINISTRY AREA COUNCIL (formerly
PCC) members:||
|---|---|---|---|---|---|---|---|---|---|
|The MAC (PCC) members
who have||||served from 1 January 2020 untff the date this report was approved|||||are|
||Name||||Ifappointed or|Resigned|ln period|Office held||
||||||date appointed|date resigned||||
|Clergy|Revd Andrew
Sully|M Phil||||||Ministry Area Leader||
||Ven Mary Stallard|BA||||||Assodate Vicar|&Archdeacon|
|||||||||ofBangor||
||Revd Marlin Pritchard||MA|||August 2020||Curate||
||Revd Sion Rhys Evans|||||||Curate||
|Church|Warden appointed
by|Incumbent||||||||
|(Holy Trinity)||||||||||
||Mr Geoffrey Howard|||||August 2020||||
||Mr Adrlan Is Trobe||||August 2020|||||
|Church|Warden Emeritus|||||||||
||Mr Geoffrey Howard||||August 2020|||||
|Church|Warden
(Holy Trinity)|||||||||
||Miss Judith
Williams|||||||||
|Church|Wardens (StTudno's)|||||||||
||Miss Christine Jones|||||||||
||Mrs Vicky Ford|||||||||
|MAC Wardens||||||||||
||Miss Christine Jones|||||||||
||Miss Judith Williams|||||||||
|Elected|iuembers|||||||||
||Mr John Eurig Jones|||||August 2020||Treasurer||
||Mrs Jenny Bicknell|||||||Secretary||
||Mr Herry Ford||||August 2020|||Treasurer||
||Mr Rob Georgsson|||||||||
||Mrs Roz Harrison|||||||||
||Pat Hebron|||||||||
||Andy Leitch|||||||||
||Mrs Edna Psarce|||||||||
||Angola Prltchard|||||||||
||Ray Stythe-Jones|||||||||
||Suzl Stafford|||||||||
|MAC members
are appointed||||or|elected as set out in the Church||in Wales Constitution.||AII|
|Church|attendees
are encouraged||||to register on the Electoral Roll and stand for election to|||||
|the MAC||||||||||
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|Advisors||||
|---|---|---|---|
|independent|examiners|Bankers|Solicitors|
|Mr Andrew|Filbee FCA|Lloyds|Bone &Payne LLP|
|Bennett Brooks &co Ltd||22 Mostyn Street|55 Madoc Street|
|19Trinity Square||Llandudno|Llandudno|
|Llandudno||LL30 2RU|LL30 2TW|
|LL30 2RD||||
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||||||||YEAR ENDED|Sf DECEMBER 2020||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Estdowns eat|Tote I fun da||
||||||Note||funds|funda|furtde|2020|20I8|
||||||||6|F.|6|8|6|
|||INCOMING
RESOURCES||||||||||
|Voluntary|Income|||||||||||
|||a) Planned
giving
b)Loose Cogectlons|||||15,904
2,215|450||15,904
2,665|18,014
10,412|
|||c)l)Donations|||||2,240|1,992||4,232|10,724|
|||c)8)Donauons
from subsidiary
d) For Mission
e) Tax Refunds|||||34,135
78
7,654|||34,135
78
7,654|66,625
620
7,089|
|||I)Legacy Gifts|||||||||289,038|
|||6) Grants|||||1,200
GSG26|2,442||65,768|9,606
412,128|
|Generated|Income|||||||||||
|||a) Acti vglas for generating||funds|||1,477|4,811||6,288|25,637|
|||b)Fees|||||910
2+87|569
5,380||1,479
7,767|3,864
29501|
|||Investment
Income|||||6,752|6,770|1+92|15,514|18,991|
|||TOTAL INCOMING
RESOURCES|||||72,465|14,592|1,992|89,049|460,620|
|||RESOURCES EXPENDED||||||||||
|Support for Ministry||a) Bishop's Ministry
Fund||||||||88,068|85,059|
|||b) Parochial expenses ofClarice||||||||960|3,164|
|||c) Curate's
Expenses|||||1,033|||1,033|2,477|
|||d) other|||||||||285
90,985|
|Parish Acthdtles||||||||||||
|||a) Maintenance
ofServices|||||2,071|728||1,799|10,676|
|||b) General
Padsh Expenses||||4|14,443
15,514|213
941||14,656
16,455|9,552
20,428|
|Church Property||a) Maintenance
ofChurches|||||18,050||1992|20,487|28,767|
|||b) Maintenance
ofOther|property||||2,244
20@94|3,100
3 545|1092|25/I31|13,995
42,762|
|Grants and other||||||||||||
|Nnendal|Support|a) Mission
Parish
bl Mission; Home/World|||||571
1,057|||571
1,057|3,112
1,155|
||||||||1,628|||1,628|4,267|
|Otherresources||||||||||||
|expended||||||||||||
|||a) Capital payment»||||||||||
|||b) Depreciation
offlxed Assets
c)Cost of Money Raising|||||29,745
810
30,555|2,875
2,875||29,745
3,685
33,430|34GOS
6,150
41,059|
|||TOTAL RESOURCES EXPENDED|||||158,057.|7,361|1,992|167,405|199,501|
|||Net (resources||||||||||
|||expended)/Incoming
resources||||||||||
|||before transfers|||||(85,587)|7,231||(TBGSG)|261,219|
|||Trans(ers between funds||||||(40)||||
|||Net (romances||||||||||
|||expended)/Incomtng
resources||||||||||
|||before other recognised|gains and|||||||||
|||losses|||||(BS,S47)|7,191||(78+56)|261,119|
|||Gain/(loss)
on revaluation||and on||||||||
|||disposal ofInvestments
NET MOVEMENT
IN FUNDS|||||8,726
(76,821)|2,951
20442|6,180
6 180|17,857
(60499)|78,502
339,621|
|||Total funds brought
forward|||||744,396|505,344|101,784|1,351,524|1,011,903|
|||TOTAL FUNDS CARRIED FORWARD|||9||667,575|515,486|107,964|1,291,025|2451524|
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|||||YEAR ENDED|sf DECEMBER|2020|||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|||
||||Notes|funds|funda|funds|2020|2019|
|FIXED ASSETS|||||||||
|Tangible||||168,552|||168,552|197,822|
|Investment
ln subsidiary||||100|||100|1CO|
|Investments||||468,664|402,524|107864|979,152|961,296|
|||||637,316|402,524|107,964|||
|CURRENT ASSETS|||||||||
|Prepayments||||3,184|446||3,630|3,625|
|Stock|||||4,441||4,441|4,721|
|Debtors||||1,325|255||1,580|5,787|
|Amount
owing by
Cash at bank and|Trinity
ln hand|CP||21,274
9,842|107,820||21,274
117,662|10,139
172,547|
|||||35,625|112,962||148,587|196,819|
|CURRENT LIASILITIES|||||||||
|Creditors
and accruals||||(5,366)|||(5366)|(4513)|
|||||(5,366)|||||
|NET CURRENT ASSETS||||30,259|112,962||143,221|192,306|
|NET ASSETS||||667,575|515,486|107,964|1,291,025|1,351,524|
|TOTAL FUNDS||||667,575|515,486|107,964|1,291,025|1,351,524|
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||||UnrestrRted|Restrtcted|Endowment|Total 2020|Total 2019|
|---|---|---|---|---|---|---|---|
||||6|6|6|6|E|
|Money Raising-Coffee
Mustard
Seed||Mornings etc||688||688|358
4,615|
|use of church grounds
Use ofChurch|||(875)
(400)|||(875)
(460)|5,732
1,390|
|Hall Hire|||2,105|||2,105|1,370|
|Coffe Mornings|||995|||995|5,438|
|Magazine
Sales|||98|||98|149|
|Magazine
advertising|||(446)|||(446)|822|
|Hall Restoration|Fund|||1,955||1,955|1,807|
|Friends oftudno|Sales|||255||255|891|
|StTudno Fair|||||||89|
|150LOTTERY||||1,913||2+23|2,014|
|Holy Trinity Restoration||Fund|||||962|
||||1,477|4,811||6,288||
##
|3.INVESTMENT INCOME||||||||||
|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total 2020||Total 2019||
||||6|6|6|6||E||
|Directly held Shares
Investment
Income|||6,368||||6~||96
9,390|
|Investment
Income StTudno||||3,618|||3,618||2,593|
|John Roberts Trust (St Tudno)
Dividends
-CIFS||||2,730|1,992||2,730
1,992||3,098
2,533|
|Investment
Income Graveyard
Banklnterest
Recelvable||Account||146
276|||146
660||270
1,011|
||||6,752|6,770|1,992||25,514||18,991|
|4.GENERAL PARISH EXPENSES||||||||||
||||Unr'estrlcted|Restricted|Endowment|Total 2020||Total 2019||
||||6|6|6|6||6||
|General
Parish Expenses|||1,865||||L865||95|
|Printing &Stationery
Rent Paid|||1,658|10|||1,658
10||3,162
10|
|Telephone
TrlpslkSodals|||1,133
151||||1,133
152||20|
|Booksand PubRcatlons|||96||||96|||
|Postage
ProfesslonalFees|||22
6,830||||22
6,830||143
3,420|
|Independent
Exemlneds
Belfry Misc
Advertising|fees||2,688||||2,688
84||1,860
161
472|
|Flower fund pur«bases|||14,443||||14,656||209
9/52|
|5.COST OF MONEY RAISING||||||||||
||||Unrestricted|Restricted|Endowment|Total|2020|Total|2019|
||||6|6|6|6||E||
|Stock|||||||||(66)|
|Mustard
Seed purchases||||1,204|||1,204||2,803|
|Mustard Seed donations||||45|||45||654|
|StTudno Cards etc||||168|||168|||
|Ucenses etc|||539||||539||452|
|Coffee Morning
expenses
Friends ofTudno Expenses||||48|||48||183
65|
|Kitchen SuppRes|||271||||271||203|
|150Club Prize Money||||1,410|||1,410||1,800|
|Advertlslrlg|||810|22ITS|||3,6lt5||56
6,150|
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|6.
FIXED ASSETS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Fixtures,|
|||||||||||fittings &|
|TANGI8LE FIXEDASSETS||||||||||Equipment|
|||||||||||6|
|At 1 January 2020||||||||||391,031|
|Additions||||||||||675|
|Disparate||||||||||(1,500)|
|At 31 December 2020||||||||||390,206|
|DEPRECIATION|||||||||||
|Atl January 2020||||||||||193,209|
|Charge for|year|||||||||29,745|
|Egmlnated|on dlsposals|||||||||(1,300)|
|At 31 December 2020||||||||||221,654|
|Net book value at 31 December||||2020||||||168,552|
|Net book value at 31 December||||2019||||||197,822|
|7.INVESTIyIENTS||||||||||f|
|Market value at 1 January 2020||||||||||961,295|
|Investments|Sold —Proceeds||||||||||
|||||||||||961,295|
|Gain/(Loss)|on Sale of|Investments||||||||961,295|
|Purchases|at cost||||||||||
|||||||||||961,295|
|Gain/(Loss)
on investments
- unreagsed
Market value at 31 December 2020||||||||||17,857
979,152|
|Investments|at market|value|comprise:||||||||
|UK equities
Global equities||||||||||914,256
64,896
979,152|
|Htstodcal cost at 31 December 2020||||||||||741,313|
|Investment|comprising|over|5%of the value ofthe|||portfolio are:—||||Market|
|||||||||||value at|
|||||||||||31.12.2020|
|||||||||||f|
|||||79,741|Common|Investment|Fund shares|||168,862|
||||224,478.68||Epworth|Corporate|Band (including|Graveyard|account)|293,887|
||||64,112.19||Epworth|Sterling Soverign Bond||||91,943|
||||78,472.06||Epworth|UK Equity|Fund|||120,641|
||||||StTudno|Legacy Fund|||||
||||73,831.83||Epworth|Corporate|Bond|||96,661|
||||56,940.19||Epworth|UK Equity|Fund|||87,466|
||||42,328.94||Epworth|Global Units||||62,750|
##
||||||Ourself)mad|Ourself)mad|Ourself)mad|Rmlrlctad|Rmlrlctad|Endowment|Endowment|Endowment||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Frrrr|de|Fulrds|||Funda|||||||||
|||||||6||||||||||||||
|Transfer
between||fund|||||40||(40)|||||||||||
||||||||||(40l|||||||||||
|9. FUNDS||||||||||||||||||||
|H) Unrestricted||||||||||||||||||||
|These are funds||which||the Parochial|Church|Coun|0 is able|to use free|of reslrktk||n but|In accordance||with|th|b)acts ofthe Parochial||||
|Church Coundl.||||||||||||||||||||
|(8) Restricted|fund|||||||||||||||||||
||||||Cash at||bank||||||Debtom||and|Cradkore|end|||
|||||||or kr hand||Invastmente|||Stock||Prspayments|||accruals||Total|Total|
|||||||2020||2020|||2020|||2020||2020||2020|2019|
|||||||8||8|||6|||||8||8||
|Balances on these funds||||are:-||||||||||||||||
|Belfry Fund|||||||E965|||||||||||2,965|3,038|
|Rower frrrrd|||||||5,719|||||||||||5,719|5,821|
|Garden ofran|mbrance|||—StGeorge|||1,868|||||||||||1,868|1,862|
|Churchyard|count||||||||||||||||||2+95|
|Graveyard
Account (|||5T|Tudno)|||1,890|16,064||||||||||27/54|18,368|
|Sunday Sch|||||||1@52|||||||||||3/52|tA27|
|Mustard
5
d|||||||7,449|||||4,087||||||11,536|ttS45|
|st Tudno||||||62~4||386,460|||||||446|||448,120|437,175|
|Friends ofTrrdno||||||10,853|||||||||255|||11,467|11,189|
|st Tudno HmtmaUrm|||Fund||||958|||||||||||958|958|
|Organ
Fund|||||||337|||||||||||337|1,066|
|Hag Restoration||Fund||||10,274||||||||||||10,274|BPSB|
|Toddler Group|||||||L532|||||||||||1,531|1,457|
|150th Lett
ry|Frmd||||||806|||||||||||806|765|
|||||||107,820||402,524||||4,441|||701|||525,486|505@44|