Caerphilly and Aber Valley Ministry Area Report and Financlal Statement of the Trustees for the Year Ended 31° December 2024 The Rectorial Benefice of Eglwysilan and Caerphilly is a registered Unincorporated Charity, Charity Number 1131172. We are also known as The Caerphilly & Aber Valley Ministry Area. The principal address for the Caerphilly & Aber Valley Ministry Area is, The Rertory, Rectory Close, Caerphilly, CF83 1 EQ. Our Trustees are elected yearly at our Annual Vestry Meeting on a proportional representation from each of our church congregations; anyone who is on the electoral role is eligible to vote in these elections. The Lay Officers are appointed by the Trustees; the Clergy are appointed by the Diocese. Report and Financial Statements st For The Year Ended 31 December 2024 Table of Contents Sectlon Pages 1. Report of the Trustees 1.1. Objectives & Activities 1.2. How we achieve our objectives 1.3. Achievements and Performance 1.4. Review of Charity's financial position at the end of the period 1.5. Names of the Charity Trustees who manage our Charity 1.6. Names and addresses of advisors 1.7. Declarations 1.8. Independent Examiners Report 2. Financial Ststement 2.1. Notes to the Financial Statement 2.2. Accounting policies 2.3. Statement of Financial Activities (SOFA) 2.4. Balance Sheet (Funds) 2.5. Receipts & Payments 2.6. Charitsble Donations 2.7. Fundraising Events 2.8. Balance Sheet (Banks) 10-18 10-11 10-11 12 13-14 15-16 17 17 18
Report of the Trustees The Trustees who together form the Ministry Area Council (MAC), present their report together st with their Financial Statement of the Charity for the Year Ended 31 December 2024. The Governing Document for the Ministry Area of Caerphilly & Aber Valley Ministry Area is the Constitution of the Church in Wales. The Trustees have been made aware of the Charity Commission guidance on public benefit. Objectives and Activities iv The purposes of the charity as set out in its governing document are: To provide regular public worship To provide sacred space for personal prayer and contemplation Pastoral work, including visiting the sick and bereaved Teaching of Christianity through sermons, small groups and assemblies in local schools Promoting the mission of the Church in Wales in aiding community interconnection, through provision of activities for older people, children and other specific groups, we also allow community group5 to use church buildings for community meetings and events How we achieve our Objectives 1. The programme of public worship offered during 2024 was: Sundays Weekly Eucharistic serrfices at St Martin's at 8.30am and 10.30am o Weekly Eucharistic services at St Catherine's at 9.30am Weekly Eucharistic seNices at St Andrew's at 11 am Monthly JAM formally'messy Church" and 'Muddy Church" in St. Martin's at 2.30pm Weekdays Weekly Eucharistic services at St Martin's on Tuesday at 10.30am o Weekly Eucharistic services St Andrew's on Wednesday at 7pm o Weekly Eucharistic services at St Catherine's on Thursday at 9.30am o Monthly Prayer meetings at St Catherine's Church on Monday at 1 Oam Monthly Wholeness & Healing SeiceS at St Andrew's on Monday at 7pm o Monthly Bible Book Club Online via Zoom on Mondays at 7pm o Monthly "Vintage Messy Church. at St Catherine's Church Hall on Saturdays at 2pm During Services the Clergy are supported by a team of Lay Volunteers who carry out a wide range of duties during services,. this includes roles such as Welcomers, Sacristans, Readers, Intercessors, Crucifers, Thurifers, Acolytes, and Eucharistic Ministers. Our volunteers also help with the cleaning of buildings, overseeing maintenance tasks, arranging and facilitating community use of our buildings and Page2 of 18
welcoming visitors into them. A specific team of volunteers ensure that people feel welcomed and supported for life events (Baptism, Marriage and Funerals). 2. Sacred space for contemplation and worship is available upon request in all of our churches," in addition St Martin's Church has been open for visitors and quiet time, during the summer months between 11am and 2pm weekdays. 3. The pastoral work includes our Clergy and a group of Lay Eucharistic Minister5 Visiting the sick & bereaved and offering home communion to those who require it. Our Ministry Area Choir visit care homes within the Ministry Area. Once a month there is a Gentlemen's Brunch, that provides an opportunity for Men of all ages, to meet up for a chat and fellowship. 4. Teaching of Christianity is achieved by our Clergy attending School assemblies and providing sermons during acts of worship. Bible Study Courses are held both online and within our church buildings. 5. Promoting the mission of the Church in Wales through the provision of activities is achieved in a number of ways including our online Bible Book Club, which is available to all our church members and non-church members, we are fortunate that we even have support internationally. JAM (Jesus & Me) is a monthly group for young people; primarily for those aged up to 10, however once again all are welcome. Messy Vintage is a monthly service introduced this year for older people, which involves craft activity, a simple act of worship and refreshments in a warm environment. We run a weekly Community Café at St Catherine's Church Hall, which provides a selection of food in a warm space, free of charge; however donations are always welcome. During the winter the Community Café opens two hours early for hot drinks and to provide a warm space. St Teilo's Café is held weekly in St Martin's Church, where warm drinks, toasted goods and warm space are provided free of charge, again donations are always welcomed. The Ministry Area Choir not only performs for us in our churches but also visit Care Homes within the Ministry Area and occasional performances at other venues including Christmas Carols at the Town Bandstand. There is a group of Bell Ringers at St Martin's Church who "Ring out the changes" on Wednesdays & Sundays as well as for Weddings etc., where required,. they also provide displays of Campanology at occasional services. There is a weekly Craft Club held in St Andrew's Church, which, is a group of people affiliated with our church who gather regularly to participate in various crafting activities like knitting, crocheting, paper crafting, or other creative pursuits, also providing a social space to connect with others while working on their projects. Essentially, it's a community crafting group based within a church setting in alliance with the Parent Networl which is a free membership organisation set up with parents for parents. The network was formed in 2000 because of a Page3 of 18
consultation carried out by the Caerphilly Children and Families Services Network. Parents, Grandparents and Carers from across the borough are encouraged to become involved and share their ideas. There are various Gardening Groups available that tend to some of our Churchyards as well as grow vegetables, herbs, fruit etc., anyone is welcome to join. Our gardening groups recently won Eco Church Awards for two of our churchyards; Bronze for St Andrew's Church and Silver for St Martin's Church. St Catherine's Church and St Martin's Church also participate in the Towns annual Flower Festival which is supported by Caerphilly Town Council. We also make our Church buildings available for other organisations, both those that are affiliated to the church e.g., Rainbows, Brownies, Guides & Mothers Union and community groups e.g., Slimming World, Mini Athletics, Aikido. Achievements and Performance A range of outreach and fundraising events were held throughout the year designed to engage all age groups. Several local schools contributed with displays of art and musical concerts. One of our churches is regularly used as a practice venue for Eisteddfod pieces. Local Schools and Nursery schools also use our churches as venues for their Christmas Concerts and Nativity Plays. There are also strong links with a local school who engage in gardening projects in the church garden. A Festival was held at St Martin's Church for nine days during June, which provided a variety of events including a Family Fun Day, a number of concerts., including some provided by local Schools, local Choirs, an Operatic Company, an Organ recital, an Ecumenical Hymn singing evening, Afternoon Tea with music and a day long Fete among other things, Due to the Covid pandemic and immediately following, our weekday Eucharist services have been held fortnightly in recent years, these have now changed to weekly, thus going some way to restoring our preferred pattern of seNices. A new monthly service of Healing and Wholeness has been introduced. A new church activity 'Messy Vintage" was introduced as a monthly serrfice and craft group held in St Catherine's Church Hall to provide spiritual and community support for older peop5e and has been very well received. Services for Life Events, Baptisms, Weddings and Funerals were provided and many positive comments were received showing how much these are appreciated. Preparations have been ongoing to significantly improve the heating and lighting in St Martin's Church with all the required permissions obtained. The work is scheduled to be carried out from January to March 2025. Due to the extent of the scheduled work the building will remain closed for Services and normal Church activities during the duration of the heating and lighting redevelopment. Page4of 18
Review of Charlty's flnanclal position at the end of the perlod Our principle financial aim is to generate sufficient income to fund our activities throughout the year. The last few years have been difficult insomuch that our Outgoings have significantly outweighed our Income. In 2023 our outgoings would have exceeded our income by £53,945, if it had not been offset by the income from the sale of St Andrew's house. In 2022 our outgoings exceeded our income by £33,750. In 2021 our outgoings exceeded our income by £11,970. If it were not for the availability of Government and other Grants to support us following the Covid pandemic during this time the situation would have been significantly worse. This year those Grants that were available to support us during the Covid & Post Covid period are no longer available, therefore at the beginning of the year the outlook was set to be challenging at best. Our reseNes are not currently held in a specifically identified fund. At the end of 2023 our unrestricted reserves were reported at £30,722 during 2024 our unrestricted expenditure was £8,731 more than our income therefore our reserves would stand at £21,991 a deficit of £70,009 against our reserves policy. It is currently the recommendation of the Church in Wales that we hold sufficient unrestricted funds to resource six months of normal expenditure, should the need arise. It was decided by the Trustees that £92,000 would be the prudent amount to be held in reserve. However, as we have realised the income from the sale of St Andrews house our reserves are significantly in excess of the required £92,000. During 2024 there has been an amount of restructuring of our funds so that money that had been previously classified as restricted that was actually designated is now shown as such. Our income for this year also includes an amount of £107,142.86 that is to recognise the minimum potential income from the sale of the Parish Hall in 2011,. the apportionment of the proceeds between the Ministry Area and the Llandaff Diocesan Board of Finance Educational Endowment Fund is under review by the Charity Commission. Our objective this year was to improve cash flow by cutting costs and increasing fundraising and successful efforts to do this have meant that a deficit which was increasing at the rate of circa £3,000 per month during the first half of 2024 has reduced to £8,731 for the entire year. It is our intention to continue to improve this situation throughout 2025 and start to increase our reserves. Fixed Term Bonds Investments have paid well this year and because these Investments have matured this year the monies have been transferred into a Standard Interest Bearing Account with National Westminster Bank. The Church in Wales Investments also continue to perform well. There are plans to significantly upgrade the Heating and Lighting systems in St Martin's Church and much of this money is expected to be expended in the first quarter of 2025. Both the monies from the Fixed Term Investments and the Church in Wales Investments are restricted and do not form a part of the unrestricted reserrfes. Whilst this financial position did not look good for the long term, there are several factors which are being used to address our continuation as a going concern. This year we have worked hard to reduce our expenditure and increase our income including an ongoing stewardship campaign, increased fundraising and exploring new grant opportunities. Regular income is achieved through planned giving via Direct Debi( Standing Orders and Numbered Envelopes by members of the congregations of our Churches. We also increased our Fundraising activities by staging large events such as concerts and fetes together with Café Style Page sof 18
events which are a significant source of income. We also receive rental income from regular bookings of the church buildings. It has been our aim during 2024 to improve our accounting procedures,. this has included closing the individual Church Bank Accounts and bringing all the accounts together as one Ministry Area Account, which has now been achieved. There has also been an amount of restructuring to the funds as detailed elsewhere in this report. Page6of 18
Names of the Charity Trustees who manage our Charity Trustee Name Office (If any) Dates actlve If not for whole year Appointed by Rev Emma Rees-Kenny Vicar & Ministry Area Lead Diocese Rev Pauline Patricia Smith Rev Natalie Jones Vicar Diocese Curate From Vestry 2024 Diocese Annual Vestry Angela Anderson Warden & Lay Chair Julia Rawlins Deryn Gay McAndrew Andrew John Hall Peter Morgruggan Jones Alan Dixon Warden Annual Vestry Trustees Treasurer To Vestry 2024 From Vestry 2024 Treasurer Trustees Gift Aid Secretary Trustees Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Annual Vestry Barbara Tumer Bronwen Parish Clive Martin Evans Daphne Melville Holdsworth David Hanks Duncan Stuart McAndrew Emily Burniston Gerald Rees To Vestry 2024 To Vestry 2024 To Vestry 2024 Helen Murphy Heulwen Handley Janice Margaret Roberts John Child Laurence Harry Brown Margaret Elizabeth Ware Ronald Anthony Lewis From Vestry 2024 Deryn Gay McAndrew was appointed at Vestry 2024 as a non-voting Minute Taker to the Trustees. There are no corporate trustees and none of the trustees hold title to any propety belonging to the charity. The Caerphilly and Aber Valley Ministry Area currently has no paid employees. Page7of 18
Names and addresses of advisers Independent Examlner David Lo Johns Jones and Lo Accountants 16 Lambourne Crescent Llanishen, Cardiff, CF14 5GF Bankers: National Westminster Bank 31 Cardiff Road, Caerphilly, CF83 1WF Archltect Amanda Needham Volute Architects Ltd, 22 Merton Green, Caerwent, CaldicoL NP26 SAT Declaratlons: The trustees declare that they have approved the trustees. report above. Signed on behalf of the charfty's trustees Slgnature(s) Full name{s) L& AH,bcLsohl X (loLq Wo.LLL Position leg Secretary. Chair) Date Page8of 18
Independent Examiners Report to the Members of The Ministry Area Council I report on the Financial Statements of the Caerphilly & Aber Valley Ministry Area, Charty number st 1131172 for the year ended 31 December 2024 which is set out on pages 10 to 18. Respective responsibilities of MAC and Examiner. The charty's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year, under Section 144 of the Charities Act 2011 and that an independent examination is needed. The charity's gross income did not exceed £250,000 and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. It is my responsibility to: 1. Examine the accounts under Section 145 of the Charities Act. 2. To follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5) (b) of the Charities Act and to state whether particular matters have come to my attention. Basis of Independent Examinerfs report: I have completed my examination which was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and Consequent no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent Examlner's ststement In connection with my examination, no matter has come to my attention which, A. Gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with Section 130 of the Charities Act; and b. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met. B. or which". a. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. The Gross Income for the 2024 period totalled £298,602. Included in this amount was an exceptional one off amount of £107,142 which, related to the sale of a propety namely St Martin's Parish Hall. Therefore the "normal" Gross Income for the period is £191,459. Independent Examiner Signa re: Date: i. >. Name: David Lo Qualification: Chartered Accountsnt. Address: 16 Lambourne Crescert Llanishen. Cardiff. CF14 5GF. Page9of 18
Notes to the Financial Statement Accounting Policies 1. This Financial Statement has been prepared in accordance with applicable United Kingdom Accounting Standards, the Statement of Recommended Practice (SORP FRS102), issued by . the Charity Commission for England & Wales and the Church in Wales Accounting Regulations. The historical cost convention is used, except for the valuation of certain fixed assets whose valuation basis is detailed in note 1 a below. The accrual basis of accounting has been adopted. The principal accounting policies are applied consistently. a. Flxed Assets i. Freehold Property: Churches, Churchyards and Vicarages are vested in the Representative Body of The Church in Wales and such propety forms no part of the assets of the Ministry Area. ii. Moveable Church contents require a faculty for disposal and as such are considered inalienable propety and are not valued, nor recognised in the Balance Sheet. iii. Expenditure incurred in Churches (including contents), Churchyards and Vicarages, is written off when incurred. iv. Other Freehold Land & Buildings are held in trust for the Ministry Area by either the Representative Body of The Church in Wales or The Llandaff Board of Finance. v. No provision for depreciation of Land & Buildings is made, vi. Routine additions and replacement of Church Hall contents are charged to current expenditure. vii. Investment Assets are stated at mid-market values on the Balance Sheet. viii. The St Martin's Church Hall was sold in November 2011. The apportionment of the proceeds between the Ministry Area and the Llandaff Diocesan Board of Finance Educational Endowment Fund is under review by the Charity Commission. The value of the deposit currently held by the Llandaff Diocesan Board of Finance as of 31 st December 2023 was £527,705. The appropriate proceeds will be received once a decision is reached. However, the Ministry Area is expected to receive a share somewhere between 3/14 and 1/2 of the value. The value of the sale at the time was £500,000 and as such we have recognised that at a future date a sum of between £107,142 and £250,000 plus interest should be received and as such the lesser amount has now been recognised as a debtor. A loan has been received from the Llandaff Diocesan Board of Finance for the amount of £116,466 which will become payable once the proceeds are received by the Ministry Area. b. Funds i. Endowment Funds are funds the capital of which must be maintained and only the income arising from the investment of the capital may be used in accordance with the purpose for which the Endowment was established. ii. Restricted Funds are funds where the income has arisen from Endowment Investments, Legacies, Trusts, Bequests, Donations or Grants whereby the funds may only be expended on the specific purpose for which they were Page 10 of 18
given. Any remaining balance that remains unspent at year end is carried forward as a balance on that fund. iii. Unrestricted Funds are general funds that are available for ordinary purposes and the use thereof is at the discretion of the Trustees. iv. Designated Funds are funds that have been allocated for specific purposes by the Trustees; these funds can be transferred back to general funds at the discretion of the Trustees. c. Incomlng Resources are accounted for on a Gross basis i. Planned giving, collections and donations and Tax refunds are recognised upon receipt. ii. Grants and Legacies are accounted for upon receipt and when the Trustees are legally entitled to the amount due. iii. Investment income and dividends are accounted for when due, iv. When the Trustees have not invested separately for each fund, the interest is apportioned to individual funds on an average balance basis. v, Any other income is generally recognised when it is received. d. Outgolng Resources i. Diocesan Share Contributions are paid monthly and is included as expenditure in the year to which it relates. All payments have been made on time and as such there are no arrears at the end of this financial Period. ii. Unrestricted fvnd grants including donations to missions are recognised when determined by the Trustees. iii. Funds received for specific missions are restricted and as such the liability is recognised upon receipt. iv. All other expenditure is normally recognised when it is incurred. e. Examlners Fees In 2023 the cost of the Examiners fees was £1,320 compared to the costs in 2024 of £1,440 an increase of 9% year on year. f. stsff In 2023 we had to make our one paid employee redundant. Therefore during 2024 there has been no Staff costs compared with the £19,661 costs during 2023. Since the Redundancy volunteers have stepped in to maintain all aspects of required administration, for which we are very grateful. g. Expenses No Trustees or Volunteers have claimed or been paid any expenses during 2024. h. Investments Our investments with the Church in Wales Common Investment Fund have performed well this year increasing from £52,599 to £57,652 as represented by Funds F9 (Endowment) and F10 & F11 (Restricted) on the Balance Sheet. Page 11 of 18
ststement of Financial Actlvitles (SOFA) Caerphilly & Aber Valley - Central Sofa Separate Designated For the period from 01 January 2024 to 31 December 2024 Unrwdtrlcted Dui9natsd Restrlctad Endowm•nt Total Prlor year total funds funds funds lunds funds fund8 Income and end(ywments from: Donations and legacies Income from charitable activities 7,325.64 114,880.96 417.68 122,624.28 126,892.33 9,225.00 30,127.00 3,849.11 107,142.87 17,068.68 265,224.94 16.308.87 9,225.00 16,363.20 36,975.80 26,492.89 22,634.54 7,819.18 107,142.87 302,675.00 298,602.49 480,242.60 Other trading activities Inv8stm6nt8 6,787.88 2,955.36 61.12 15,830.07 Other income Total Incom• Expenditure on: Raising funds Expenditure on charitable activities 21 4,937.23 4,958.23 781.39 124,462.99 54,460.64 10,458.77 189,382.40 230,731.06 Other ex énditurn Total ox ndlturn Nel income l (exp•ndltur•l rnsource• b•for• transfer 124,483.99 59,397.87 10.458.77 194,340.63 231,512.45 -107,415.31 205,827.07 5.850.10 104,261.88 248.730.15 Transfers.. Gross transfers befvMen funds- in 100,922.12 207,199.20 1,113.14 309,234.48 97,690.00 Gross transfers betsve8n funds- out Other recognised gains I losses Gainsllosses on investment assets Gains on revaluation, fixed assets. Charit $ own use -12,547.48 -98,409.34 198,277.64 309,234.46 -97,690.00 3,967.36 1,085.27 5,052.63 4,490.95 N•t mov•m•nt In fund• -19,040.87 314,616.93 187.347.04 1,085.27 109,314.49 253,221.10 Reconciliation of funds Total funds brou ht forward 0,755.66 84.844.62 474,655.60 49,796.33 399,461.55 287.308.56 15,742.83 544,487.19 291,266.09 18,827.90 653,801.68 544,487.19 Total funds carried forward Page 12 of 18
Fund Accounts 31st December 2024 Balance Sheet (Separate Funds) At At 3111212024 3111212023 General Designated Restrlcted Endowment Flxed assets Current assets Debtors Investments 107,666.44 107,666.44 4,318.03 57,651.92 209,640.85 40,824.02 16,827.90 Cash At Bank And In Hand 49,030.11 410,252.68 247,036.78 608,259.35 450,745.70 49,030.11 517,919.12 287,860.80 16,827.90 773,577.71 664,704.58 Llabllitles Creditors: Amounts Falling Due In One Year 766.22 118,457.57 766.22 118,457.57 552.24 552.24 119,776.03 119,776.03 120,217.39 120,217.39 Net current assets le55 current Ilabllltles 49,796.33 399,461.55 287,308.56 16,827.90 653,801.68 544,487.19 Total assets less current Ilabllltles 49,796.33 399,461.55 287,308.56 16,827.90 653,801.68 544,487.19 Llabllltl•s Totsl net assets less Ilabllltles Represented by Unrestricted 49.796.33 399,461.55 287,308.56 16,827.90 653.801.68 544,487.19 Unrestricted - General Fund 49,796.33 Designated Designated - Dl St Martin's Designated - D2 - St Catherine's Designated - D3 St Andrew's Designated D4 St Ilan'5 Designated D5 - St Catherine's Hall Designated F1 Sale Of Asset Designated - F2 - Churchyards Maintenance Designated - F3 Charities (Missions) Page13of18 -49,796.33 -30,755.66 64,455.95 64,455.95 36,763.38 25,890.65 25,890.65 22,225.81 11,745.37 -713.03 11,745.37 -713.03 11,993.59 1,873.00 7.416.36 7.416.36 1,169.98 305,643.70 305,643.70 -13,601.CK) -13,601.CM) -11,622.80 -1,232.69 -1,232.69 -924.68
Designated - F4 - Mission Action Fund Restrlcted Restricted - F5 - Propety (Fabric) Fund Restricted - F6 Administrator Fund Restricted - F7 - St Martin's Re-development Restricted F8 - Small Restricted Funds Restricted F10 - St Catherine's RB Investment Restricted F11 Stm's Redevelopment RB Investment Restricted F12 - St Andrew's Redevelopment Endowm•nt Endowment - F9 - St Ilan's Churchyard Endowment -143.76 -143.76 23,366.34 3,777.24 3,777.24 306,940.83 5,867.42 5,867.42 11,489.66 231,567.94 231,S67.94 115,211.12 4,015.12 4,015.12 4,157.33 24,293.13 24,293.13 22,613.49 16,530.89 16,530.89 14,243.17 1,256.82 1,256.82 16,827.90 16,827.90 15,742.63 Fund Totals 49,796.33 399,461.55 287,308.56 16,827.90 653,801.68 544.487.19 Page 14of 18
Recelpts & Payments Caerphilly & Aber Valley - Central Receipts & Payments by Report Group For the period from 01 January 2024 to 31 December 2024 General D•slgnat•d R••trfct•d Endowfft•nt funds funds funds Total Last Year lunds funds Income and end(wmients from.. Donations and legaciés Planned Giving Loose collection$ Donation3 For Mission Tax refund8 - Gfft Aid Tax refund$ . GASDS Legacy gifts received 1,437.82 63,924.33 9,938.55 16,023.15 1,120.49 85,362.15 62,058.02 9,938.55 6,848.45 16,730.31 15,413.43 4,420.49 289.48 3,300.00 417.68 298.34 9,803.77 10,102.11 15,908.32 7,640.88 7,640.88 2,075.50 5.429.79 5,429.79 1,000.00 3 000.00 23 588.61 Grants 2 000.00 SubTotal Donatlon• and l•qacl Income from charitable activities Fees SubTotsl In¢om• from charttabl• activiti•# Other trading activities 7,325.84 114,880.96 417.68 122,624.28 126,892.33 9,225.00 9,225.00 16,363.20 9,225.00 9,223.00 16,363.20 Mone raisln 6 787.68 30 127.00 61.12 36,975.80 28,492.89 36,975.80 26,492.89 7 819.18 SubTot•l Oth•r tradlng actlvltl•• Investmonts Investment incom• 6,787.68 2 955.36 30,127.00 81.12 15 830.07 SubTotal Inv••tm•nts 2,955.38 3,849.11 15,830.07 22,634.54 7,819.18 Othèr Incoming Resources Other income 107,142.87 107,142.87 17,068.88 265,224.94 16,308.87 107 142.87 302,675.00 107,142.87 302,675.00 298,602.49 480,242.60 SubTotal Oth•r Incom• Total Incom• and •ndowm•nts from: Expenditure on: Cost of money rnisin Raisin funds 21 4,937.23 4,937.23 4,958.23 4,958.23 781.39 SubTotal Ralslng fund• Expenditure on charitable activities 21 781.39 Parish Share Parochial Exponses of Clerics Other ministry support Maintenance of Services General parish expenses Maintenance of Churches Maintenance of other property Exceplion81 Expenditure Mission:parish Mission:homelworfd 98,965.44 98,965.44 110,457.96 7,403.51 7,403.51 3,375.48 -688.58 88.58 7,551.84 1,379.59 2,180.40 714.45 4,274.44 4,024.74 11,948.26 4,594.32 16,542.58 33,722.58 1,185.34 23,292.74 5,150.00 29,628.08 37,079.83 33.59 25,903.96 25,937.55 20,999.80 9,180.28 569.65 4,235.84 932.25 5,168.09 2,151.29 2,151.29 3,768.90 Page 15 of 18
SubTotal Expenditure on charitable activitios 124.462.99 124,483.99 54.460.64 10,458. 59,397.87 10,458.77 189,382.40 230,731.06 194,340.63 231,512.45 Totsl Expendlture on: CESS OF RECEIPTS OVER PAYMENTS 107,415.31 205,827.07 5,850.10 104,261.86 248,730.15 Page 16of18
Charitable Donations Charitable Donations 2024 rt of international mission & Com assion UK World Vision DECA eal rt of UK charlties Llamau Children's Air Ambulance Street Pastors Macmillan Cancer Grand Totsl ro ects 694.09 384.CKI 273.60 36.49 1.457.20 564.00 301.70 300.00 291.50 2.151.29 Fundralslng Events Fundr•ldry Acll¥lty Jun Jul Nov Grom Commun Cale 392 415 385 552 542 369 429 1770 452 375 7,535 303 7,232 St Tello's 324 278 372 266 219 347 192 203 359 293 232 3,368 3.368 Festal Week 3,157 3,157 878 1279 Mik Headshave 2,162 20 10 2,212 2,212 Pe 5 Choir Concert 1,653 1,6S4 3.307 1,285 Mistletoe Market 1,014 1.014 1,014 Re-cholr Concert 1.062 1.062 287 775 Autumn Fete 712 712 712 Cor.Y-B n Cholr 655 655 575 St David's Su 507 $07 507 Volante Concert 470 470 470 Come Dancln 413 413 413 St Catherine's Crafttrs 143 77 97 317 317 Caer Ladie5 Cholr 191 191 Liza Baker Cabaret 491 491 321 170 Christmas Tea 257 257 157 1C(I Lord M rfs Concert 146 146 87 59 Fundraisi 21 21 21 Grand Total 1.129 2.373 2333 IA170 3.765 735 621 4769 2JQ6 1157 1 J33 2530 4.lJS 21A79 Page17of 18
Bank Accounts 31st December 2024 Balance Sheet (Detslled) Asat Asat 31 /12/2024 3111212023 Current assets 6501: Current Account - Benefice 190 351 6502: St Martin's Bank Account 98.56 6503- St Catherine's Bank Account 25.9 6504.. St Andrew's Bank Account 2,591.61 6505.. St Ilan's Bank Account 6506: Deposit Account - SIBA 6507.. Liquidity Manager 95 day Account 6523: Other debtors 296,116.11 447,678.63 311,953.24 107,142.87 6531: Term deposits 6532.. Quoted investments Z05.' Accounts Receivable 157,041.56 57.651.92 52,599.29 4,318.03 664,704.58 523.57 Totsl Current assets 773,577.71 Llabllltles 6601: Loan5 Payable Z04'. Accounts Payable Total Liabilities Net Asset surplus (deficit) 116,466.00 116,466.00 3,310.03 119,776.03 653,801.68 3,751.39 120,217.39 544,487.19 Reserves Excess/(deficitl to date Zol: Stsrting balances Z02: Gains/(losses) on investment assets Totsi ReseD/es Represented by Funds 104,261.86 544,487.19 248,730.15 291,266.09 4,490.95 544,487.19 5,052.63 653,801.68 General (Unrestricted) -49,796.33 -30,755.66 Desi nated 399,461.55 84,844.62 Restricted 287,308.56 474,655.60 Endowment 16.827.90 15.742.63 Total 653,801.68 544,487.19 Page 18of 18