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|||Page|
|---|---|---|
|Trustees' annual<br>report|||
|Independent<br>examiner's<br>report to the trustees|||
|Statement offinancial|activities||
|Statement offinancial|position|25|
|Notes to the financial|statements||





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|Year ended|Year ended|31|December 2023|December 2023||||
|---|---|---|---|---|---|---|---|
|REFERENCE||AND|ADMINISTRATIVE<br>DETAILS|||||
|Registered|charity||name|Glamorgan<br>Heritage Coast Ministry||Area||
|Charity registration|||number|1131490||||
|Principal office||||Ministry Area Office||||
|||||St Illtud's Church||||
|||||Church Street||||
|||||Llantwit<br>Major||||
|The trustees||||Mr JL Robinson||||
|||||Mr EWilliams||||
|||||Mr AG Semmens||||
|||||Ms SM Evans||||
|||||Mrs LM Mumford||||
|||||Mrs MJ Sheppard||||
|||||Canon ECR Counsell||||
|||||Rev. CA Vaughan||||
|||||Mrs SEEvans||||
|||||Mr RJ Simpson||||
|||||Ms J Newton||||
|||||Rev EEStreet||||
|||||Ms PA Lancaster||||
|||||Mrs P Ayres||(resigned|26April 2023)|
|||||Mr AV Jenkins||(resigned|1September 2023)|
|||||Ms PM Bennett||(resigned|8September 2023)|
|||||Ms STCopeland|Roberts|(appointed|g September 2023)|
|Independent||examiner||Farzana Ahmed|ACCA|||
|||||1st Floor, Tudor|House|||
|||||16Cathedral<br>Road||||
|||||Cardiff||||
|||||CF119LJ||||
|Ministry Area||Leader||Rev'd Canon Edwin Counsell||||
|||||The Rectory||||
|||||High Street||||
|||||Llantwit Major||||
|||||CF61 1SS||||
|Bankers||||Lloyds Bank pic||||





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|ACHIEVEMENTS AND|ACHIEVEMENTS AND|ACHIEVEMENTS AND||PERFORMANCE|PERFORMANCE|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|General Pattern of Sund||||Services in the Minie||Area||||||
|Time||1*'Sunda|||2" Sunda||3w Sunda|4aSunda|||5'"Sunda|
|St Illtud's,||Llantwit<br>Ma||or||||||||
|8.00am||Holy Eucharist|||Holy Eucharist||Holy Eucharist|Holy Eucharist||||
|9.30am||Holy Eucharist &|||Holy Eucharist||Holy Eucharist|Holy Eucharist||&|MA Service at|
|||online|||&online||&online|online|||any one ofthe|
||||||||||||12Churches|
|StJames',||Wick||||||||||
|11.00am||Morning|Prayer||Holy Eucharist||Holy Eucharist|Holy Eucharist|||MA Service at|
||||||||||||any one ofthe|
||||||||||||Churches|
|Ewenn|Prie, Ewen|||||||||||
|9.30am||Holy Eucharist|||Holy Eucharist||Holy Eucharist|Holy Eucharist|||MA Service at|
||||||||||||any one ofthe|
||||||||||||Churches|
|StGiles',|Gileston|||||||||||
|9.30am||Holy Eucharist|||||Morning||||MA Service at|
||||||||Prayer||||any one ofthe|
||||||||||||Churches|
|St Michaels, Llanmihan||||el||||||||
|9.30am||Holy|||||Morning||||MA Service at|
|||Eucharist|||||Prayer||||any one ofthe|
||||||||||||Churches|
|StCa||'s, Llanmaes||||||||||
|11.00am||Holy Eucharist|||Holy Eucharist||Holy Eucharist|Morning|Prayer||MA Service at<br>anyone ofthe|
||||||||||||Churches|
|St Brid et's St Br'ides||||Ma or||||||||
|11.00am||Holy Eucharist|||Holy Eucharist||Holy Eucharist|Holy Eucharist|||MA Service at|
||||||||||||any one ofthe|
||||||||||||Churches|
|StTathan||StAthan||||||||||
|11.00am|||||Holy Eucharist|||Holy Eucharist||||
|3.00pm||Cafe church&|||||Treasure||||MA Service at|
|||Bible Study|||||Seekers/Eco||||any one ofthe|
||||||||Church||||Churches|
|St Donate||St Donate||||||||||
|11:15am||Prayer &||Praise|Holy Eucharist||Meet, Greet &|Prayer &Praise|||MA Service at|
||||||||Eat||||any one ofthe|
||||||||||||Churches|





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|Year ended 31|Dec|ember|2023|||||
|---|---|---|---|---|---|---|---|
|||||2023|||2022|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Nots|6|6||K|E|
|Income and endowments||||||||
|Donations<br>and legacies||4|183,359|7,549||190,908|222,138|
|Charitable<br>activities||5|13,329|9,352||22,681|22,700|
|Other trading<br>activities<br>Investment<br>income||6<br>7|25,800<br>17,607|2,472<br>620|2,786|28,272<br>21,013|36,031<br>22,356|
|Other income||8|35,327|506||35,833|145,629|
|Total income|||275,422|20,499|2,786|298,707|448,854|
|Expenditure||||||||
|Expenditure<br>on raising funds:||||||||
|Costs ofother||||||||
|trading<br>activities||9|6,596|||6,596|6,448|
|Expenditure<br>on<br>charitable<br>activities||10,11|292,534|53,937||346,471|377,079|
|Other expenditure||13|3,419|96||3,515|984|
|Total expenditure|||302,549|54,033||356,582|384,511|
|Net gains/(losses)|on|||||||
|investments||14|(3,642)|1,084|6,218|3,660|(60,788)|
|Net (expenditure)/income|||(30,769)|(32,450)|9,004|(54,215)|3,555|
|Transfers<br>between|funds||30,191|(27,405)|(2,786)|||
|Net movement<br>in|funds||(578)|(59,855)|6,218|(54,215)|3,555|
|Reconciliation<br>offunds||||||||
|Total funds brought|forward||480,768|235,829|111,463|828,060|824,505|
|Total funds carried forward|||480,190|175,974|117,681|773,845|828,060|





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|31 Decemb|er 20|23||||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|6|6|
|Fixed assets||||||
|Investments|||19|349,435|345,298|
|Current assets||||||
|Stocks|||20|1,773|1,783|
|Debtors|||21|5,726|4,623|
|Cash at bank|and in|hand||438,049|484,429|
|||||445,548|490,835|
|Creditors: amounts||falling due within one year|22|(21,138)|(8,073)|
|Net current|assets|||424,410|482,762|
|Total assets|less current liabilities|||773,845|828,060|
|Net assets||||773,845|828,060|
|Funds ofthe charity<br>Endowment<br>funds||||117,681|111,463|
|Restricted funds||||175,974|235,829|
|Unrestricted|funds|||480,190|480,768|
|Total charity|funds||23|773,845|828,060|





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|4.|Donations<br>and legacies|Donations<br>and legacies|Donations<br>and legacies|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2023|
||||||||6|F||
||Donations|||||||||
||Planned<br>Giving<br>Loose Collections||||||83,251<br>29,383|2,371<br>330|85,622<br>29,713|
||Donations||||||27,945|3,123|31,068|
||For Mission||||||349||349|
||Tax Refunds||||||32,404|415|32,819|
||Legacies<br>Legacies||||||1,000|1,000|2,000|
||Grants|||||||||
||St Mary's:|||||||||
||Benefact Trust|||||||||
||St Tathan's:|||||||||
||StAthan Community|||Council||||||
||StJames'.|||||||||
||Wick Community||Council|||||||
||Listed Places ofWorship Grant Scheme|||||||||
||Representative|Body||ofthe Church||in Wales||||
||St llltud's:|||||||||
||Headley Trust|||||||||
||MADL|||||||||
||StDonat's:|||||||||
||Welsh Church|Act Fund||||||||
||Allchurches<br>Trust|||||||||
||RBFabric Repair||Fund|||||||
||Listed Places ofWorship Grant Scheme|||||||||
||StCattwg's:|||||||||
||Commonwealth|War||Graves Commission|||30|10||
||StGiles:|||||||||
||StAthan Community|||Council||||300|300|
||Listed Places ofWorship Grant Scheme||||||643||843|
||Holy Trinity:|||||||||
||Listed Places ofWorship Grant Scheme|||||||||
||Padsh Office:|||||||||
||Llandaff Diocese||independent||Exam Grant||1,000||1,000|
||Administration|Grant|||||4,000||4,000|
||StBridget's:|||||||||
||SBCommunity<br>Council<br>Vale of Glamorgan<br>Council||||||200<br>4,154||200<br>4,154|
||||||||183,359|7,549|190,908|





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|Ye|ar ended 31 December|ar ended 31 December|ar ended 31 December|2023||||||
|---|---|---|---|---|---|---|---|---|---|
|4.|DOnatianS and legaCieS|||feontineed)||||||
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2022|
||||||||F|F||
||Donations|||||||||
||Planned<br>Giving<br>Loose Collections||||||76,347<br>25,773|723<br>269|77,070<br>26,042|
||Donations||||||34,581|12,469|47,050|
||For Mission||||||871||871|
||Tax Refunds||||||31,469|422|31,891|
||Legacies<br>Legacies||||||6,000||6,000|
||Grants|||||||||
||St Mary' s:|||||||||
||Benefact Trust||||||1,500||1,500|
||St Tathan's:|||||||||
||StAthan Community|||Council||||400|400|
||StJames':|||||||||
||Wick Community<br>Council<br>Listed Places ofWorship Grant||||Scheme||50|156|50<br>156|
||Representative|Body||ofthe Church||in Wales||||
||St llltud's:|||||||||
||Headley Trust|||||||||
||MADL|||||||||
||St Donat's:|||||||||
||Welsh Church Act Fund|||||||||
||Allchurches<br>Trust|||||||||
||RBFabric Repair Fund<br>Listed Places ofWorship Grant||||Scheme||3,000<br>5,973||3,000<br>5,973|
||StCattwg's:<br>Commonwealth|War||Graves Commission||||10|10|
||StGiles:|||||||||
||StAthan Community|||Council||||300|300|
||Listed Places ofWorship Grant||||Scheme|||20,082|20,082|
||Holy Trinity:<br>Listed Places ofWorship Grant||||Scheme||743||743|
||Parish Office:|||||||||
||Llandaff Diocese||Independent||Exam Grant||1,000||1,000|
||||||||187,307|34,831|222,138|





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|Charitable<br>activities|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||||6|
|Sale ofgoods/services<br>activities|as part of direct charitable|13,329|9,352|22,681|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds<br>6|2022<br>f|
|Sale ofgoods/services<br>activities|as part ofdirect charitable|8,099|14,601|22,700|



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|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2023|
|Fundraising<br>Shop income|events|21,522<br>4,278|2,472|23,994<br>4,278|
|||25,800|2,472|28,272|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
||||F||
|Fundraising|events|25,768|5,742|31,510|
|Shop income||4,521||4,521|
|||30,289|5,742|36,031|





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|f the<br>Church<br>in Wale<br>maintenance.|s.<br>The Ben|efice receives<br>re|ntal<br>income|and<br>has<br>resp|onsibility<br>for|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2023|
|||F||E||
|Income from investment<br>properties<br>Income from listed investments<br>Bank interest receivable||8,500<br>5,825<br>3,282|477<br>143|2,786|8,500<br>9,088<br>3,425|
|||17,607|620|2,786|21,013|
|||Unrestdicted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2022|
||||E|||
|Income from investment<br>properties<br>Income from listed investments<br>Bank interest receivable||10,800<br>8,803<br>347|25<br>149|2,232|10,800<br>11,060<br>496|
|||19,950|174|2,232|22,356|



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|Other|income||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2023|
|||E|||
|Other|income|35,327|506|35,833|
|||Unrestdicted|Restricted|Total Funds|
|||Funds|Funds|2022|
||||E|E|
|Other|income|8,139|137,490|145,629|



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|Costs|ofother trading|activities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||E|E|E|E|
|Costs <br>costs|ofother trading|activities - Shop|1,509|1,509|1,437|1,437|
|Costs <br>events|ofmoney raising|- Staging|5,087|5,087|5,011|5,011|
||||6,596|8,596|6,448|6,448|





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|||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|
|||||Funds|Funds|2023|
||||||6|6|
|Support for Ministry<br>Parish<br>Running<br>Costs<br>Church<br>Property<br>Missions||||147,600<br>32,647<br>90,202<br>18,605|431<br>53,506|147,600<br>33,078<br>143,708<br>18,605|
|Support||costs||3,480||3,480|
|||||292,534|53,937|346,471|
|||||Unrestricted|Restricted|Total Funds|
|||||Funds|Funds|2022|
|||||K|E|6|
|Support for Ministry<br>Parish Running<br>Costs<br>Church<br>Property<br>Missions||||127,267<br>30,515<br>56,008<br>26,413|2<br>104<br>133,290|127,269<br>30,619<br>189,298<br>26,413|
|Support||costs||3,480||3,480|
|||||243,683|133,396|377,079|



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|Expendit|ure|on|charitable<br>acti|vities by activity type||||
|---|---|---|---|---|---|---|---|
|||||Activities||||
|||||undertaken|Support|Total funds|Total fund|
|||||directly<br>K|costs<br>E|2023<br>6|2022|
|Support for Ministry<br>Parish Running<br>Costs<br>Church<br>Property<br>Missions||||147,600<br>33,078<br>143,708<br>18,605||147,600<br>33,078<br>143,708<br>18,605|127,269<br>30,619<br>189,298<br>26,413|
|Governance||costs|||3,480|3,480|3,480|
|||||342,991|3,480|346,471|377,079|



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|Analysis of|||
|---|---|---|
|support costs<br>F|Total 2023<br>6|Total 2022<br>E|
|3,480|3,480|3,480|





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|13.|Other expendi|ture|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted|Total Funds||
||||||||||Funds|Funds||2023|
||||||||||E.|E||E|
||Other expenditure||||||||3,419|96||3,515|
||||||||||Unrestncted|Restricted|Total Funds||
||||||||||Funds|Funds||2022|
||||||||||F|F||F|
||Other expenditure||||||||850|134||984|
|14.|Net gains/(losses)||on investments||||||||||
||||||||Unrestricted||Restricted|Endowment|Total Funds||
|||||||||Funds|Funds|Funds||2023|
|||||||||E|F|||E|
||Gains/(losses)|on listed investments||||||(3,642)|1,084|6,218||3,660|
||||||||Unrestricted||Restricted|Endowment|Total Funds||
|||||||||Funds|Funds|Funds||2022|
|||||||||E||E|||
||Gains/(losses)|on listed investments|||||(45,595)||(2,023)|(13,170)||(60,788)|
|15.|Independent|examination||fees|||||||||
|||||||||||2023||2022|
|||||||||||E||E|
||Fees payable <br>Independent|to the independent<br>examiner for:<br>examination<br>ofthe financial statements||||||||3,480||3,480|
|16.|Staff costs||||||||||||
||The total staff|costs|and employee|||benefits for||the reporting<br>period are||analysed as <br>2023|follows:<br>2022||
|||||||||||||E|
||Wages and salaries<br>Social security costs|||||||||15,849<br>932||13,913<br>706|
|||||||||||16,781||14,619|
||The average|head count||of employees|||during|the year|was 1 (2022:|1).The average||number of|
||full-time<br>equivalent||employees||during||the year|is analysed as follows:||2023||2022|
|||||||||||No.||No.|
||Number<br>ofstaff - admin|||||||||1||1|





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|Investments||||
|---|---|---|---|
||Cash or cash|Listed||
||equivalents|investments|Total|
|Cost or valuation<br>At 1 January 2023<br>Additions|491<br>477|344,807<br>830|345,298<br>1,307|
|Disposals<br>Fair value movements|(830)|3,660|(830)<br>3,860|
|At 31December 2023|138|349,297|349,435|
|Impairment||||
|At 1January 2023 and 31 December 2023||||
|Carrying<br>amount<br>At 31December 2023|139|349,296|349,435|
|At 31 December 2022|492|344,807|345,298|



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|||||2023<br>F|2022<br>f|
|---|---|---|---|---|---|
|Raw|materials|and|consumables|1,773|1,783|





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|21.|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||E||
||Prepayments<br>Other debtors|and accrued income|||||452<br>5,274|4,623|
||||||||5,726|4,623|
|22.|Creditors: amounts||falling due within one||year||||
||||||||2023|2022|
||||||||E|E|
||Accruals and|defened|income||||21,138|8,073|
|23.|Analysis ofcharitable funds||||||||
||Unrestricted|funds|At 1||||Gains and|At 31|
||||Jan 2023|Income|Expenditure|Transfers|losses|Dec 2023|
|||||E|E|E||F|
||General funds||480,768|275,422|(302,549)|30,191|(3,642)|480,190|
||||At 1||||Gains and|At 31|
||||Jan 2022|Income|Expenditure|Transfers|losses|Dec 2022|
||General funds||E<br>514,490|E<br>253,784|F<br>(250,981)|F<br>9,070|F<br>(45,595)|E<br>480,768|





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|Restricted funds||At||||Gains and|At 31|
|---|---|---|---|---|---|---|---|
||1 Jan 2023||Income|Expenditure|Transfers|lossesf|Dec2023<br>5|
|St Illtud's Church,<br>Llantwit <br>Access||Major:<br>729|||||729|
|Cowethas<br>Peran||||||||
|Sans||246||||||
|Friends ofSt<br>llltud's<br>Toddler Group<br>Galilee Account<br>Churchyard<br>Chancel Repair<br>Youth Project||14,705<br>159<br>18,883<br>16,953<br>3,135<br>2,603|977<br>100<br>6,279<br>78|(5,534)<br>(234)||176|15,882<br>159<br>18,983<br>17,700<br>3,389<br>2,369|
|StCattwg's<br>Church, <br>Churchyard|Llanmaes:<br>2,137||160|(13)|||2,284|
|Restoration I<br>Maintenance||23,303|1,606|(19,455)|||5,454|
|StJames' Church, Wick:<br>Restoration<br>Churchyard<br>Youth Work||250<br>5,947<br>2,143|3,552<br>2,057|(5,399)<br>(274)|||3,802<br>2,605<br>1,869|
|Friends ofSt<br>James'||725|1,095||||1,820|
|StTathan Church, StAthan:<br>Churchyard<br>2,318<br>Bells &Tower<br>20,202|||2,602<br>388|(4,116)|||804<br>20,590|
|St Giles' Church, Gileston:<br>Cemetery<br>Alexander<br>Fund||1,505<br>20,082|300||(20,082)||1,805|
|St Donat's Church, StDonat's:<br>Churchyard<br>5,504|||||938||6,442|
|Holy Trinity Church, <br>Churchyard|Marcross:|||(440)|440|||
|StMary's Church, Monknash:<br>Churchyard<br>21,671<br>Chancel Repair<br>5,232||||||13|21,671<br>5,250|
|St Michael's Church,|Llanmihangel:|||||||
|Churchyard<br>Restoration||272<br>10,780|609|(2)|(272)<br>(11,387)|||
|Ewenny Priory:<br>Churchyard<br>Legacy Fund||6,340<br>12,611||(120)|||6,220<br>12,611|
|StBriidget's, StBrides Major||||||||
|&All Saints, Southerndown:<br>Chancel Repair<br>15,852||||||895|17,141|
|Parish Office:||||||||
|Alexander<br>Fund||21,542||(18,495)|(3,047)|||
|Canolfan<br>llltud||||49|(49)|||
|StMichael's<br>Churchyard|||47||272||319|
|St Iillichael's<br>Restoration|||250||5,780||6,030|
|||235,829|20,499|(54,033)|(27,405)|1,084|1'75,974|





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|At<br>1 Jan 2022<br>F|Income<br>2|Expenditure<br>F|Transfers|Gains and<br>losses<br>5|At 31<br>Dec 2022<br>5|
|---|---|---|---|---|---|
|St Illtud's Church,<br>Llantwit<br>Major:<br>Access<br>729|||||729|
|Cowethas<br>Peran||||||
|Sans<br>246||||||
|Friends ofSt<br>llltud's<br>13,982<br>Toddler Group<br>159<br>Galilee Account<br>18,883<br>Churchyard<br>8,397<br>Chancel Repair<br>3,432<br>Youth Project<br>2,603<br>Legacy Funds<br>1,831|723<br>7,075<br>23|(170)|1,651<br>(1,674)|(297)<br>(180)|14,705<br>159<br>18,883<br>16,953<br>3,135<br>2,503|
|StCattwg's Church, Llanmaes:<br>Churchyard<br>5,456|2,172|(5,491)|||2,137|
|Restoration )<br>Maintenance<br>17,259|6,088|(44)|||23,303|
|StJames' Church, Wick:<br>Restoration<br>258<br>Churchyard<br>5,872<br>Youth Work<br>2,247|187<br>1,950|(936)<br>(1,875)<br>(104)|741||250<br>5,947<br>2,143|
|Friends ofSt<br>James'<br>113|1,353||(741)||725|
|StTathan Church, StAthan:<br>Churchyard<br>777<br>Bells &Tower<br>19,325|5,690<br>877|(4,149)|||2,318<br>20,202|
|St Giles' Church, Gileston:<br>Cemetery<br>7,858<br>Alexander<br>Fund|465<br>20,082|(635)|(6,183)||1,505<br>20,082|
|St Donat's Church, StDonat's:<br>Churchyard<br>6,217|374|(1,100)|||5,504|
|Holy Trinity Church, Marcross:<br>Churchyard<br>Legacy Fund<br>204||(480)|480<br>(187)|(20)||
|St Mary's Church, Monknash:<br>Churchyard<br>22,371<br>Chancel Repair<br>253|702<br>5,000|(1,402)||(21)|21,671<br>5,232|
|St Michael's Church, Llanmihangel:<br>Churchyard<br>272<br>Restoration<br>9,002|1,780|(2)|||272<br>10,780|
|Ewenny Priory:<br>Churchyard<br>6,852<br>Legacy Fund<br>12,489<br>StBridget's, St Brides Major|208<br>122|(720)|||6,340<br>12,611|
|a All Saints, Southemdown:<br>Chancel Repair<br>17,357||||(1,505)|15,852|
|Parish Office:<br>Alexander<br>Fund|134,964|(113,422)|||21,542|
|Canolfan<br>llltud|3,000|(3,000)||||
|184,444|192,838|(133,530)|(5,900)|(2,023)|235,829|





## 

## 

## 

## 

## 

|Endowment<br>funds|||||||
|---|---|---|---|---|---|---|
||At||||Gains and|At 31|
||1Jan 2023|Income<br>6|Expenditure<br>F|Transfers<br>6|losses<br>F|Dec2023<br>6|
|Permanent<br>Endowment|Funds:||||||
|St Donat's Church, St Donat's<br>RH Thomas Trust<br>103,223||2,580||(2,580)|5,758|108,981|
|Mrs JP Lloyd|||||||
|Testamentary|||||||
|Trust|||||||
|StCattwe's Church,|Llanmaes||||||
|Miss Richards'<br>Bequest|8,240|206||(206)|460|8,700|
||111,463|2,786||(2,786)|(6,218)|117,681|
||At||||Gains and|At 31|
||1 Jan 2022|Income|Expenditure|Transfers<br>6|losses<br>6|Dec 2022<br>6|
|Permanent<br>Endowment|Funds:||||||
|StDonat's Church, St Donat's<br>RH Thomas Trust<br>115,325||2,055||(2,055)|(12,102)|103,223|
|Mrs JP Lloyd|||||||
|Testamentary<br>Trust|1,040|13||(951)|(102)||
|StCattwe's<br>Church,|Llanmaes||||||
|Miss Richards'<br>Bequest|9,206|164||(164)|(966)|8,240|
||125,571|2,232||(3,170)|(13,170)|111,463|





## 

## 

## 

## 

|Analysis ofnet as|sets between|funds||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|TotalFunds|
|||Funds|Funds|Funds|2023|
|||F|E||8|
|Investments<br>Current assets<br>Creditors less than|1 year|210,973<br>278,095<br>(8,878)|20,781<br>167,453<br>(12,260)|117,681|349,435<br>445,548<br>(21,138)|
|Net assets||480,190|175,974|117,681|773,845|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2022|
|||f|E|E|8|
|Investments<br>Current assets<br>Creditors less than|1 year|214,615<br>274,226<br>(8,073)|19,220<br>216,609|111,463|345,298<br>490,835<br>(8,073)|
|Net assets||480,768|235,829|111,463|828,060|



## 

|Operating<br>lea|se commit|ments|||||
|---|---|---|---|---|---|---|
|The total future|minimum|lease payments|under non-cancellable|operating|leases are as follows:<br>2023<br>2022||
||||||F||
|Not later than<br>1 year<br>Later than<br>1 year and not||later than 5years|||1,896<br>2,370|1,896<br>4,266|
||||||4,266|6,162|