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 Se￿iceS 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
Fest￿al 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
25￿30
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