## **St Mark’s Gabalfa Parochial Church Council** 

## **PCC Report & Financial Statements for the Year ended 31 December 2020** 

## **Administrative information** 

The Parish is situated in North Cardiff near the Gabalfa Interchange within the Deanery of Cardiff which is part of the Diocese of Llandaff within the Church in Wales. 

The correspondence address is 206 North Road, Gabalfa, Cardiff CF14 3BL. 

The Parish is registered with the Charity Commission: Charity Registration Number 1131555. The Parish Church is dedicated to St Mark the Evangelist. 

A daughter congregation meets in the Heath Citizens’ Association premises at Heath Park. St Mark’s is also in a mission partnership with St Philip’s Church Tremorfa. 

From 1[st] January 2021, St Mark’s and St Philip’s have been united as the Parish of Gabalfa and Tremorfa as part of the Cardiff Central Ministry Area 

## **Parochial Church Council (PCC) members** 

The PCC members who have served from 1 January 2020 until the date this report was approved are: 

|_Name_<br>_Clergy_<br>Marcus Nelson<br>_Churchwardens_<br>Jo Shepherd<br>John Young<br>Carole Loveridge<br>_Other Elected Members_<br>Elaine Campbell-Hopkins<br>Helen Clifford<br>Peter Donnison<br>Jonathan Kell<br>Jacob Martin<br>Charis Moon<br>Stephen Palmstrom<br>Philip Ratcliffe<br>Dave Russell<br>Henry Shepherd<br>Tim Smith<br>Linda Webber<br>Peter Wiles<br>_Annual Co-options_<br>Michael Glenn<br>Pauline Page<br>Shawn Lloyd<br>Rosemary Counsell|_If appointed or left in period_<br>_Office held_<br>_appointed_<br>_term ended or_<br>_resigned_<br>Vicar<br>Vicar’s Warden<br>People’s Warden<br>Heath Park Sub-Warden<br>November 2020<br>_Re-elected_<br>_Re-elected_<br>People’s Assistant Warden<br>_Re-elected_<br>November 2020<br>November 2020<br>November 2020<br>Readers’ Representative<br>Treasurer<br>Ass’t Warden / PCC Secretary<br>Safeguarding Officer|
|---|---|



PCC members are appointed or elected as set out in the Church in Wales Constitution. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. 

Report – Page 1 



_Church officers not on PCC_ 

_appointed term ended or resigned_ 

Rosemary Aldis Gill Dallow-Waters Jennie Tarr Cath Hitchin Bronwen Watkins Abraham Debbarma 

Georgie Meagher Bryan Oh 

Honorary Associate Minister Honorary Associate Minister Administrator March 2020 Communications Officer Children and Families Pastor December 2020 Children and Young Adults Pastor Youth Pastor July 2020 Hiraeth Pastor 

## **Advisors** 

Independent examiner: 

Mrs Susan Powell CPFA 

Bankers: 

CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling ME19 4JQ 

Hodge Bank, One Central Square, Cardiff CF10 1FS 

Shawbrook Bank, Lutea House. Warley Hill Business Park, Great Warley, Brentwood CM13 3BE 

Clydesdale Bank plc trading as Virgin Money, 30 St Vincent Place, Glasgow G1 2HL 

Architect: 

Hook Mason Limited, Studio 2, Thorn Office Centre, Rotherwas, Hereford HR2 6JT 

## **Objectives and activities** 

The promotion of the whole mission of the Church, pastoral, evangelical, social and ecumenical in the parish. 

## **Statement of Trustees’ Responsibilities** 

To comply fully with the provisions of the Church in Wales 

## **Achievements and performance** 

||_This year_<br>_Last year_<br>_(roll date)_|
|---|---|
|Members on Electoral Roll|212<br>166<br>16 March 2021|
|Easter Communicants|On account of the Covid-19 pandemic, few services|
|Christmas Communicants|were held in the church building throughout 2020.|
|Average weekly attendance|This means the normal range of statistics cannot be|
|Under 18’s|provided.|



Report – Page 2 



## **PCC Report for the Year ended 31 December 2020** 

The year 2020 will long be remembered as one in which so much of what we had taken for granted was taken away as the world was shaken by the Covid-19 global pandemic.  It has been very difficult for us all in different ways.  Amidst the darkest moments we have known and can testify to the control and purposes and goodness of our God. 

Continuing to live and share life as a church family centred around Jesus has meant we have had to reinvent almost every aspect of our ministry and mission.  As we were abruptly physically distanced, we had to move online and have provided YouTube services of worship continuing our teaching series through Matthew’s Gospel, Advent, Revelation and Christmas through the Ages.  There has been a broad involvement from right across the church family and we are very grateful for all those who have contributed with music, readings, prayers, and compiled and publicised everything which we have done.  It is hard to understate how steep the learning curve has been for us all or just how time consuming the process of taking services online has been; so much work has gone on behind the scenes. 

After almost six months of only very limited contact we were able to begin joining together for worship in August, initially outside.  Moving inside presented challenges in how to maintain social distancing with the inflexibility of having fixed pews.  Much thought, planning and health and safety risk assessments, especially by the office staff, meant that we were able to continue to meet in the church until just before Christmas, with high points of being able to enjoy a Christingle, nativity and carol service together. 

We have continued to develop our ministry among children and young people through weekly Zoom meetings, online videos and other meetings in person as they have been possible.  It has been very encouraging to be able to draw in new children and young people and their families into our church family. It has been thrilling to witness the way some of our young people are moving forwards in their relationship with Jesus over recent months.  Despite restrictions our Open the Book team has also been able to offer ongoing contact with local schools in fresh ways. 

We have continued our times of prayer collectively as a church family on Zoom, as well as holding mid-week Morning Prayer which has been a great blessing to many.  We have also completed our first year of Read the Bible Together in which many of us read through one third of the Bible and were supported by YouTube videos and Zoom meetings. 

PCC meetings are now taking place over Zoom; the move several years ago to cloud systems for our database, document storage and communications (SharePoint and ChurchSuite) has smoothed the transition for online meetings to a certain extent.  In November we also held our first Annual Vestry Meeting over Zoom, which had been postponed from the start of the crisis in March 2020. 

Our processes to ensure safeguarding have also continued despite the challenges of no longer being able to meet in person to verify documents for DBS checks.  The Church in Wales has now put a system in place to allow this work to be done remotely, with thanks to Rosemary Counsell, our Safeguarding Officer, for all of the work that has taken place behind the scenes. 

It has also been a year in which we have been able to reach out in new and innovative ways.  We were delighted to introduce our FareShare free markets mid-year and have offered three each week between St Mark’s and St Philip’s.  They have been tremendous ways to practically support over one hundred households a week at different points, as well as our delivery of food hampers to those in particular need.  We are very grateful to all those who have served so diligently in picking up, delivering and organising markets week by week.  We have been able to draw new people into our church family and have been especially blessed to witness growth at St Philip’s through this ministry. 

The year also saw changes to our staff team as our ministry and mission adapted to respond to the challenges around us.  We are extremely grateful to Cath Hitchin and all that she gave to our web site, branding and administrative infrastructure.  Bryan Oh also stepped down from his role as International Students Pastor.  We remain grateful for the relationships he built and all that he achieved.  The end of the year also saw us saying farewell to the Debbarmas.  It was a delight to have them as a family with us and we remain grateful for all Abraham brought to us as a church family and very much pray for them as they continue in new ministry in Guildford. 

In 2020 we also said farewell to a number of our church family, who went home to be with Christ: June Boswell, Nigel Counsell, Ismay Thomas, Sylvia Fidler and Kath Barker, and in the new year, Mary Roberts and Hazel Poole.  Although we are saddened to have said goodbye for now, we rejoice that they have gone ahead and are now with Jesus in heaven and that we will see them again.  It has also been a year in which we have been able to welcome a number of new people to our church family.  We are delighted to be a growing church with open arms and want to continue being a place that draws new people in as we share life and follow Jesus together. 

Report – Page 3 



Wider organisational changes across the province and the Llandaff diocese in particular have meant we have also been brought into new partnerships of ministry and mission.  The formation of Cardiff Central Ministry Cluster has allowed us to retain our own distinct ministry and mission, and the governance and finances which support them.  We are working collaboratively with Citizen Church, Dewi Sant, St John’s and Urban Crofters to strengthen our mission across central Cardiff.  This process has also seen us formally joined with St Philip’s in one united parish as our relationship over many years is formally recognised in a way which will allow us to continue to support and invest in Tremorfa. 

Financially, we did not know what to expect this year as the pandemic has affected every area of life, but the published year end accounts reflect God’s provision through the generosity of the congregations, and also grant support from the Diocese. 

Amidst all the change, we have at every moment been sustained and guided by, as well as wholeheartedly indebted to, our great God and Saviour Jesus Christ, who has not failed us in any of the dark times that we have been through together but has bound us together more closely with himself and with one another. Through it all he has been refining us and preparing us for his future and to shine ever more his light.  We don’t know tomorrow but we know Jesus who holds tomorrow and our future is in his hands.  Our prayer is that he will grant us his strength to be all that he wants us to be and to look more and more outwardly, less an island and more and more an oasis of forgiveness, purpose and hope in Him. 

## **Future plans** 

Ongoing spiritual renewal ourselves in our own lives as we know Jesus better, love Him more, become more like Him and share Him with the city. 

A shift from being an island in the sea to being an oasis in a desert and creatively and winsomely reaching out with the gospel of Jesus Christ across the parish, city and diocese. 

Cultivation of organic and fruitful relationships across Cardiff Central Ministry Area, in which we collaborate positively and offer strategic direction and support. 

Hope 21 Easter mission with Roger Carswell reaching out and sharing Jesus with family, friends and neighbours. 

LTS - Learning to Serve – a new programme investing in, nurturing and empowering a new generation of followers of Jesus Christ 

Christians Against Poverty – progressing towards the establishment of a local branch in association with Highfields Church. 

Managing re-entry into new normality for church family life and mission. 

Continuing to maintain our building; we plan to carry out a schedule of work to address recommendations in the Quinquennial Report which was postponed due to Covid. 

## **Financial review** 

2020 was yet another year to praise God for his amazing financial provision for St Mark’s despite an opening budgeted deficit on **unrestricted funds** (the day to day running expenses of the church) for 2020 of £24K. The PCC had agreed to work with this projected deficit as our committed giving had been steadily increasing and there was still a possibility that we might obtain grants towards the salary costs of our new pastoral staff. Covid-19 and Lockdown changed so much.  However, the committed giving continued to increase during the first half of 2020, despite Covid.  Thank you, church family, for your faithful support of God’s work at St Mark’s. 

As well as increased giving, St Mark’s also received £17,330 in grants from the Diocese as support for Covid. Unlike St Mark’s, many churches’ main income is Sunday offerings, and fund raising activities, so grants were given to all churches in proportion to the Parish Share being paid, to help some of them survive. 

Report – Page 4 



At the end of 2020 our unrestricted income was £225,708 and expenditure £188,805.  The reduction in expenditure was mainly in salaries where Bryan and Abraham’s contracts were not extended after the first year. See below in the notes about restricted funds for details.  The income and expenditure figures are shown on page 1 of the finance report with detailed breakdown in the following notes. From the surplus of £36,903, £3,180 was used to contribute towards St Philip’s Parish Share which is higher than they can meet from their resources, and £5K transferred to the Designated Critical Repair Fund. A transfer of £45K was made at the year-end into the Designated Contingency Fund **leaving £30,476 in unrestricted funds** – almost 2 months budgeted unrestricted expenses for 2021. 

Other than the transfers to **designated funds** mentioned above there was little movement on designated funds as so little building work was able to be done in 2020.  See Page 9 of the finance report for details. **Total designated funds at the end of 2020 were £124,707.** 

There was more activity in our **restricted funds** (funds received for named projects that can only be spent on those projects).  These are detailed on Pages 9 & 10 of the Finance report.  Grants had been received in 2019 from the Diocese for the Christians Against Poverty set-up.  Involvement in this project shared with Highfields Church began in September 2020. Other Grants (Hiraeth, Telling the Joyful Story) are still being held which can still be spent if appropriate on the named projects. 

As St Mark’s became involved in FareShare food distribution, donations were received from church members, some gift aided – just over £1,500 in all, and shortly before Christmas a grant for £4K came via Citizen’s Church.  This means £4,284 remained available for ongoing FareShare purchases in 2021, where there will be significant needs in the future. 

As Lockdown brought the opportunity of furloughing staff, our cleaner was furloughed as the building was not in use at all for many months, and Bryan, the Hiraeth Pastor, was furloughed when it was obvious that no student work could be done.  In both cases the church paid them the additional 20% of their salaries that we could not claim under the furlough scheme.  Bryan’s contract, which was initially for one year was not extended.  These furlough receipts and expenditure are included as restricted funds. 

The PCC also concluded that as Abraham was actively looking for another post it would not be appropriate to extend his contact for a further year. However a church family generously offered to support him from mid-July until Christmas, and his role was changed to Project Pastor. This income and expenditure is part of Restricted Funds. 

The balance in **Restricted Funds at the end of 2020 is £40,168.** 

## **Overall the year-end funds were £195,351 in total, £32,666 more than 2019.** 

Due to Covid most of the finance has been handled by me as treasurer, with support from Carole Loveridge as assistant treasurer. Cathy Allen has continued to operate our pay-roll, and we are so grateful for all the time she put into dealing with furlough. The Mission Giving Group met in February, but not again until a Zoom meeting in November where the tithe of our unrestricted income was distributed. There is a desire to increase the church family’s’ involvement in mission support in the future. Details of the grants given to other missions are shown in notes 5h & 5i on pages 5 and 6. 

I’m so grateful to those named above and John Young and Phil Ratcliffe for their weekly involvement as counter-signatories of payments, but most of all I’m so grateful to God for his abundant provision. 

Pauline Page – Treasurer 

## **Reserves Policy** 

£30K is retained in unrestricted funds, which is almost 2 months’ unrestricted expenditure. With designated funds (money we have chosen to hold for projects that are outside our regular day to day needs) our funds other than those that are restricted would meet 6 months’ expenditure. £80K is held in banks where we need to give 2 or 3 months’ notice, but are receiving some interest although the rates have reduced in the last year. The other £115K is in banks with instant retrieval or just postal notice and a little interest. No bank holds more than £85K so our reserves are protected under the Financial Services Compensation Scheme. 

## **APPROVED by the Parochial Church Council on 23 March 2021** 

**and signed on its behalf by Revd Marcus Nelson** 

## **Signature:** Marcus Nelson 

Report – Page 5 



## **St Mark’s Gabalfa Parochial Church Council** 

## **Independent Examiner's Report to the Parochial Church Council for the year ended 31st December 2020** 

I report on the Accounts of the Church for the year ended 31[st] December 2020, which are set out on pages numbered Finance – Pages 1-10. 

## **Respective responsibilities of Trustees and Examiner:** 

The Church’s Trustees are responsible for the preparation of the Accounts.  The Church’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.  It is my responsibility: 

- to examine the accounts under Section 145 of the 2011 Act; 

-     to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145 (5)(b) of the 2011 Act; and 

- to state whether particular matters have come to my attention. 

## **Basis of Independent Examiner’s report:** 

My examination was carried out in accordance with the 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 you as Trustees concerning any such matters.  The procedures undertaken do not provide all the evidence that would be required in an audit and 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 Examiner’s statement:** 

Since the gross income for the year exceeds the amount provided in section 145(3) of the Act, I confirm that I am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below. 

In connection with my examination, no matter has come to my attention: 

- (1)  which gives me reasonable cause to believe that in any material respect the requirements: 

-  to keep accounting records in accordance with section 130 of the 2011 Act; and 

-  to prepare Accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or 

(2)  to which, in my opinion, attention should be drawn to enable a proper understanding of the Accounts to be reached. 

## **Signature:** Susan Powell 

**Name & Address:** Mrs Susan Powell, 18 Thornbury Close, Rhiwbina, Cardiff, CF14 1UT **Qualifications:** CPFA. 

**Date:** 8[th] April 2021 

Report – Page 6 



## **St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Statement of Financial Activities** 


**----- Start of picture text -----**<br>
for the year ended 31st December 2020<br>Unrest- Desig- Rest-   Total       Unrest- Desig- Rest-<br>ricted     nated  ricted  Funds      ricted  nated  ricted  Total<br>Notes Funds     Funds    Funds    2020 Funds  Funds  Funds  Funds<br>2020 2020 2020 2019 2019 2019 2019<br>Pages  £ £ £ £ £  £  £  £<br>Incoming resources 4-8<br>Voluntary income<br>   Planned giving 4a 154,087 0 0 154,087 138,440 0 270 138,710<br>   Church collections 4b 3,170 0 0 3,170 8,625 0 0 8,625<br>   Donations 4c 4,750 0 12,213 16,963 4,796 330 235 5,361<br>   For mission 4d 0 0 1,955 1,955 0 0 55,131 55,131<br>   Tax refunds 4e 36,731 0 2,837 39,568 34,485 83 67 34,635<br>   Legacies 0 0 0 0 0 5,004 0 5,004<br>   Grants 4f 18,954 0 7,333 26,287 1,667 1,474 29,422 32,563<br>Generated income<br>   Money raising 4g 0 0 30 30 0 0 61 61<br>   Hall/property 4h 2,303 0 0 2,303 2,800 0 0 2,800<br>   Events & activities 4i 336 0 125 461 1,672 0 1,908 3,580<br>   Fees 108 0 0 108 873 0 0 873<br>Investment income<br>   Bank Interest 227 465 215 907 162 492 498 1,152<br>Other incoming resources<br>   Other Income 4j 5,042 5,667 2,567 13,276 2,549 5,688 7,490 15,727<br>Total incoming resources 225,708 6,132 27,275 259,115 196,069 13,071 95,082 304,222<br>Resources expended<br>Charitable activities<br>Support of ministry<br>   Parish share 65,973 8,847 0 74,820 68,466 9,768 0 78,234<br>   Parochial expenses of clerics 5a 2,182 0 105 2,287 3,354 0 0 3,354<br>Parish activities<br>  Maintenance of services 5b 2,707 0 0 2,707 3,684 535 0 4,219<br>  General parish expenses 5c 19,361 0 754 20,115 24,311 0 0 24,311<br>Church property<br>  Maintenance of churches 5d 12,860 0 1,005 13,865 15,411 0 0 15,411<br>  Maintenance of other property 5e 2,671 0 35 2,706 2,955 150 0 3,105<br>  Exceptional expenditure 5f 969 2,365 18 3,352 0 16,057 55,506 71,563<br>Grants & financial support<br>  Parish 5g 57,427 0 22,530 79,957 32,080 90 13,964 46,134<br>  Home mission 5h 9,955 0 0 9,955 5,000 0 51,843 56,843<br>  World mission 5i 14,700 0 1,985 16,685 14,626 0 3,349 17,975<br>Costs of generating funds<br>  Cost of money raising  0 0 0 0 0 0 0 0<br>Total resources expended 188,805 11,212 26,432 226,449 169,887 26,600 124,662 321,149<br>Net incoming resources before<br>transfers and other recognised<br>gains and losses 36,903 -5,080 843 32,666 26,182 -13,529 -29,580 -16,927<br>Transfers between funds 5j -53,180 53,180 0 0 -9,080 9,080 0 0<br>Net movement in funds -16,277 48,100 843 32,666 17,102 -4,449 -29,580 -16,927<br>Total funds b/f @ 1 Jan 2020 46,753 76,607 39,325 162,685 29,651 81,056 68,905 179,612<br>Total funds c/f @ 31 Dec 2020 30,476 124,707 40,168 195,351 46,753 76,607 39,325 162,685<br>**----- End of picture text -----**<br>


Finance - Page 1 



## **St Mark's Gabalfa Parochial Church Council -  Charity No 1131555** 

## **Balance Sheet as at 31st December 2020** 

|**Current assets**<br>Debtors<br>Cash and bank balances<br>**Creditors falling due within**<br>**one year**<br>**Net current assets**<br>**TOTAL NET ASSETS**<br>**FUNDS**<br>**Capital funds**<br>Permanent endowment<br>Expendable endowment<br>**Income funds**<br>Unrestricted<br>Unrestricted - designated<br>Restricted<br>**TOTAL FUNDS**|Notes<br>Pages<br>8-10<br>6<br>7<br>8<br>9<br>10|Unrest-<br>ricted<br>Funds<br>2020<br>Desig-<br>nated<br>Funds<br>2020<br>Restricted<br>Funds<br>2020<br>Total<br>Funds<br>2020<br> <br>£<br>£<br>£<br>£<br>1,993<br>0<br>431<br>**2,424**<br>30,006<br>125,607<br>40,294<br>**195,907**<br>**31,999**<br>**125,607**<br>**40,725**<br>**198,331**<br>1,523<br>900<br>557<br>**2,980**<br>**1,523**<br>**900**<br>**557**<br>**2,980**<br>**30,476**<br>**124,707**<br>**40,168**<br>**195,351**<br>**30,476**<br>**124,707**<br>**40,168**<br>**195,351**<br>2020<br>£<br>0<br>0<br>30,476<br>124,707<br>40,168<br>**195,351**|Unrest-<br>ricted<br>Funds<br>2019<br>Desig-<br>nated<br>Funds<br>2019<br>Rest-<br>ricted<br>Funds<br>2019<br>Total<br>Funds<br>2019<br>£<br>£<br>£<br>£<br>2,014<br>113<br>7,053<br>**9,180**<br>47,979<br>77,328<br>32,314<br>**157,621**<br>**49,993**<br>**77,441**<br>**39,367**<br>**166,801**<br>3,240<br>834<br>42<br>**4,116**<br>**3,240**<br>**834**<br>**42**<br>**4,116**<br>**46,753**<br>**76,607**<br>**39,325**<br>**162,685**<br>**46,753**<br>**76,607**<br>**39,325**<br>**162,685**<br>2019<br>£<br>0<br>0<br>46,753<br>76,607<br>39,325<br>**162,685**|
|---|---|---|---|



**NB** The Church building, its contents and the church grounds are vested in the Representative Body of the Church in Wales and do not form part of the assets of the parish. 

## **APPROVED by the Parochial Church Council on 9th March 2021** 

**and signed on its behalf by** 

(Name) Rev'd Marcus Nelson 

(Signature) 

(Name) Mrs Pauline Page (Treasurer) 

(Signature) 

The notes on pages headed Finance - Page 3 to 10 form part of this account 

Finance - Page 2 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Notes to the financial statements for the year ended 31st December 2020** 

## **1 Accounting policies** 

The Financial Statements have been prepared in accordance with applicable United Kingdom accounting standards, the “Statement of Recommended Practice: SORP (FRS102)" issued by the Charity Commissioners, 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 note1a below.  The accruals basis of accounting has been adopted. The principal accounting policies are applied consistently 

## **a Fixed assets** 

Churches, churchyards and vicarages are vested in the Representative Body of the Church in Wales.  Such property forms no part of the assets of the parish.  Moveable church contents are inalienable property and require a faculty for disposal.  Many are historic for which no reliable cost or valuation bases exist. They are not recognised on the balance sheet nor listed, to prevent increased risk of theft and vandalism.  Expenditure on churches (including contents), churchyards and vicarages is written off when incurred. 

Other freehold land and buildings are held in trust for the parish by either the Representative Body or the Llandaff Diocesan Board of Finance. 

There is no freehold land or building not vested with the Representative Body of the Church in Wales.  No provision for depreciation of land and buildings is made. 

Routine additions and replacements to the hall contents are charged to current expenditure. 

Equipment is charged to current expenditure. 

Investment assets are stated at mid-market values on the balance sheet date.  The income from these assets is stated as revaluation to distinguish it from other income. 

## **b Funds** 

**Endowment funds:** St Mark's Church has no endowment funds. 

**Restricted funds:** represent donations or grants received for a specific object or invited by the PCC for a specific object.  The funds may only be expended on the specific object for which they were given.  Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. 

**Unrestricted funds:** are general funds which can be used for PCC ordinary purposes. **Designated Funds:** are sums set aside out of general funds for specific designated purposes.  They can be transferred back to unrestricted funds at any time. 

## **c Incoming resources** are all accounted for gross. 

Planned giving, collections and donations are recognised when received. Tax refunds are recognised as soon as the amounts are claimable. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Investment income:  Where the PCC has not invested separately for each fund, interest is apportioned to individual funds on an average balance basis. 

All other income is generally recognised when it is receivable. 

Finance -Page 3 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Notes to the financial statements for the year ended 31st December 2020 continued** 

## **1 Accounting policies continued** 

## **d Outgoing resources** 

Parish share is paid regularly and is included in expenditure for the year to which it relates. 

Unrestricted fund grants (including donations to missions) are recognised when determined by the PCC. Amounts received specifically for missions are dealt with as restricted funds and the liability for the payment is recognised when the amounts are received. 

All other expenditure is generally recognised when it is incurred. 


**----- Start of picture text -----**<br>
2020 2019<br>2 Paid employees £ £<br>Gross wages and salaries 85,571 56,850<br>Employer's national insurance costs 5,472 2,549<br>Pension contribution costs 2,436 1,782<br>Total staff costs 93,479 61,181<br>Average number of employees in the year (FTE) 4 3<br>3 Payments to PCC members<br>Refund of expenditure paid to PCC trustees and close<br>relatives, other than clergy 1,155 6,197<br>Number of PCC members and close relatives paid expenses 8 12<br>No PCC members were employed<br>**----- End of picture text -----**<br>


## **4 Analysis of incoming resources** 

|**Voluntary income**<br>**a**<br>**Planned giving**<br>Envelopes<br>Gift direct<br>Standing orders - vouchers, bank<br>**b**<br>**Church collections**<br>Cash Collections<br>Gift Aided Collections<br>Vouchers - CAF, Stewardship<br>**c**<br>**Donations**<br>Donations gift aided<br>Donations non-gift aided<br>**d**<br>**For mission**<br>**Home missions**|Unrestricted Designated<br>Restricted<br>**2020**<br>£<br>£<br>£<br>**£**<br>3,959<br>0<br>0<br>**3,959**<br>132,945<br>0<br>0 **132,945**<br>17,183<br>0<br>0<br>**17,183**<br>**154,087**<br>**0**<br>**0 154,087**<br>1,989<br>0<br>0<br>**1,989**<br>781<br>0<br>0<br>**781**<br>400<br>0<br>0<br>**400**<br>**3,170**<br>**0**<br>**0**<br>**3,170**<br>2,514<br>0<br>11,258<br>**13,772**<br>2,236<br>0<br>955<br>**3,191**<br>**4,750**<br>**0**<br>**12,213**<br>**16,963**<br>**0**<br>**0**<br>**0**<br>**0**|UnrestrictedDesignated Restricted<br>**_2019_**<br>_£_<br>_£_<br>_£_<br>**_£_**<br>_5,297_<br>_0_<br>_0_<br>**_5,297_**<br>_116,708_<br>_0_<br>_0_<br>**_116,708_**<br>_16,435_<br>_0_<br>_270_<br>**_16,705_**<br>**_138,440_**<br>**_0_**<br>**_270_**<br>**_138,710_**<br>_5,430_<br>_0_<br>_0_<br>**_5,430_**<br>_2,515_<br>_0_<br>_0_<br>**_2,515_**<br>_680_<br>_0_<br>_0_<br>**_680_**<br>**_8,625_**<br>**_0_**<br>**_0_**<br>**_8,625_**<br>_2,352_<br>_330_<br>_0_<br>**_2,682_**<br>_2,444_<br>_0_<br>_235_<br>**_2,679_**<br>**_4,796_**<br>**_330_**<br>**_235_**<br>**_5,361_**<br>**_0_**<br>**_0_**<br>**_51,843_**<br>**_51,843_**|
|---|---|---|



Finance - Page 4 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

**Notes to the financial statements for the year ended 31st December 2020 continued** 

|**4**<br>**Analysis of incoming resources continued**<br>Unrestricted Designated Restricted<br>**2020**<br>**Voluntary income**<br>£<br>£<br>£<br>**£**<br>**d**<br>**For Mission continued**<br>**Overseas missions**<br>Christian Aid<br>0<br>0<br>1,480<br>**1,480**<br>CMS - Africa<br>0<br>0<br>205<br>**205**<br>CMS - South America<br>0<br>0<br>0<br>**0**<br>OMF<br>0<br>0<br>100<br>**100**<br>Pakistan - Gwyn Ratcliffe<br>0<br>0<br>0<br>**0**<br>TEAR Fund Harvest Appeal<br>0<br>0<br>170<br>**170**<br>**0**<br>**0**<br>**1,955**<br>**1,955**<br>**Total for the worldwide church**<br>**0**<br>**0**<br>**1,955**<br>**1,955**<br>**e**<br>**Tax refunds**<br>Gift Aid tax<br>3,427<br>0<br>2,820<br>**6,247**<br>Gift Direct tax<br>32,699<br>0<br>0<br>**32,699**<br>Gift Aid tax on Small Donations<br>605<br>0<br>17<br>**622**<br>**36,731**<br>**0**<br>**2,837**<br>**39,568**<br>**f**<br>**Grants**<br>Prickett charity<br>1,001<br>0<br>0<br>**1,001**<br>Diocesan Grant re Covid<br>17,330<br>0<br>0<br>**17,330**<br>Diocesan Mission Fund Grants<br>0<br>0<br>3,333<br>**3,333**<br>FareShare Grant<br>0<br>0<br>4,000<br>**4,000**<br>Listed Places of Worship - VAT<br>373<br>0<br>0<br>**373**<br>Wales Leadership Forum - Covid<br>250<br>0<br>0<br>**250**<br>St Teilo's Trust Grants<br>0<br>0<br>0<br>**0**<br>**18,954**<br>**0**<br>**7,333**<br>**26,287**<br>**Generated income**<br>**g**<br>**Money raising**<br>Goods sold to support mission partners<br>0<br>0<br>30<br>**30**<br>**0**<br>**0**<br>**30**<br>**30**<br>**h**<br>**Hall/property**<br>Building  usage<br>525<br>0<br>0<br>**525**<br>Rent - 27 Pen y Bryn Road<br>1,444<br>0<br>0<br>**1,444**<br>Vicarage gas<br>249<br>0<br>0<br>**249**<br>Use of photocopier<br>85<br>0<br>0<br>**85**<br>**2,303**<br>**0**<br>**0**<br>**2,303**<br>**i**<br>**Events/Activities**<br>Youth weekend away<br>0<br>0<br>0<br>**0**<br>Adult Events<br>0<br>0<br>125<br>**125**<br>ABCs<br>73<br>0<br>0<br>**73**<br>Community Café<br>263<br>0<br>0<br>**263**<br>**336**<br>**0**<br>**125**<br>**461**<br>**j**<br>**Other incoming resources**<br>HMRC National Insurance Refund<br>5,042<br>0<br>0<br>**5,042**<br>HMRC Furlough<br>0<br>0<br>2,567<br>**2,567**<br>HMRC Maternity Pay<br>0<br>0<br>0<br>**0**<br>St Philip's Church - Parish Share<br>0<br>5,667<br>0<br>**5,667**<br>**5,042**<br>**5,667**<br>**2,567**<br>**13,276**|UnrestrictedDesignated Restricted<br>**_2019_**<br>_£_<br>_£_<br>_£_<br>**_£_**<br>_0_<br>_0_<br>_873_<br>**_873_**<br>_0_<br>_0_<br>_97_<br>**_97_**<br>_0_<br>_0_<br>_97_<br>**_97_**<br>_0_<br>_0_<br>_100_<br>**_100_**<br>_0_<br>_0_<br>_1,950_<br>**_1,950_**<br>_0_<br>_0_<br>_171_<br>**_171_**<br>**_0_**<br>**_0_**<br>**_3,288_**<br>**_3,288_**<br>**_0_**<br>**_0_**<br>**_55,131_**<br>**_55,131_**<br>_3,947_<br>_83_<br>_67_<br>**_4,097_**<br>_28,930_<br>_0_<br>_0_<br>**_28,930_**<br>_1,608_<br>_0_<br>_0_<br>**_1,608_**<br>**_34,485_**<br>**_83_**<br>**_67_**<br>**_34,635_**<br>_1,000_<br>_0_<br>_0_<br>**_1,000_**<br>_0_<br>_0_<br>_0_<br>**_0_**<br>_0_<br>_0_<br>_16,850_<br>**_16,850_**<br>_0_<br>_0_<br>_0_<br>**_0_**<br>_667_<br>_1,474_<br>_8,072_<br>**_10,213_**<br>_0_<br>_0_<br>_0_<br>**_0_**<br>_0_<br>_0_<br>_4,500_<br>**_4,500_**<br>**_1,667_**<br>**_1,474_**<br>**_29,422_**<br>**_32,563_**<br>_0_<br>_0_<br>_61_<br>**_61_**<br>**_0_**<br>**_0_**<br>**_61_**<br>**_61_**<br>_2,470_<br>_0_<br>_0_<br>**_2,470_**<br>_0_<br>_0_<br>_0_<br>**_0_**<br>_195_<br>_0_<br>_0_<br>**_195_**<br>_135_<br>_0_<br>_0_<br>**_135_**<br>**_2,800_**<br>**_0_**<br>**_0_**<br>**_2,800_**<br>_0_<br>_0_<br>_1,908_<br>**_1,908_**<br>_150_<br>_0_<br>_0_<br>**_150_**<br>_336_<br>_0_<br>_0_<br>**_336_**<br>_1,186_<br>_0_<br>_0_<br>**_1,186_**<br>**_1,672_**<br>**_0_**<br>**_1,908_**<br>**_3,580_**<br>2,549<br>0<br>0<br>**_2,549_**<br>0<br>0<br>0<br>**_0_**<br>0<br>0<br>7,490<br>**_7,490_**<br>0<br>5,688<br>0<br>**5,688**<br>**2,549**<br>**5,688**<br>**7,490**<br>**15,727**|
|---|---|



Finance - Page 5 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Notes to the financial statements for the year ended 31st December 2020 continued** 

|**5**<br>**Analysis of resources expended**<br>**Charitable activities**<br>Unrestricted Designated<br>Restricted<br>**2020**<br>**Support of ministry**<br>£<br>£<br>£<br>**£**<br>**a**<br>**Parochial expenses of clergy**<br>Clergy travel expenses<br>587<br>0<br>105<br>**692**<br>Clergy other expenses<br>1,595<br>0<br>0<br>**1,595**<br>**2,182**<br>**0**<br>**105**<br>**2,287**<br>**Parish activities**<br>**b**<br>**Maintenance of services**<br>Hire of Heath Citizens' hall<br>810<br>0<br>0<br>**810**<br>Speakers' expenses<br>255<br>0<br>0<br>**255**<br>Worship requisites<br>425<br>0<br>0<br>**425**<br>Musical instruments<br>180<br>0<br>0<br>**180**<br>Sound & projection<br>1,037<br>0<br>0<br>**1,037**<br>**2,707**<br>**0**<br>**0**<br>**2,707**<br>**c**<br>**General parish expenses**<br>Admin/Comm. - salaries & on costs<br>15,038<br>0<br>0<br>**15,038**<br>Stat., copying & office materials<br>2,347<br>0<br>0<br>**2,347**<br>Computers<br>899<br>0<br>754<br>**1,653**<br>Office telephone & internet<br>492<br>0<br>0<br>**492**<br>Training courses<br>180<br>0<br>0<br>**180**<br>Gifts<br>25<br>0<br>0<br>**25**<br>Membership subscriptions<br>200<br>0<br>0<br>**200**<br>Independent examination<br>60<br>0<br>0<br>**60**<br>Staff appointment costs<br>0<br>0<br>0<br>**0**<br>Bank Charges<br>120<br>0<br>0<br>**120**<br>PCC meeting costs<br>0<br>0<br>0<br>**0**<br>**19,361**<br>**0**<br>**754**<br>**20,115**<br>**Church property**<br>**d**<br>**Maintenance of churches**<br>Insurance<br>1,178<br>0<br>0<br>**1,178**<br>Electricity<br>2,317<br>0<br>0<br>**2,317**<br>Gas<br>3,319<br>0<br>0<br>**3,319**<br>Church - building fabric<br>0<br>0<br>0<br>**0**<br>Church - building services<br>1,498<br>0<br>0<br>**1,498**<br>Church equip. - reps & renewals<br>637<br>0<br>0<br>**637**<br>Cleaner - salary<br>3,432<br>0<br>1,005<br>**4,437**<br>Cleaning materials<br>479<br>0<br>0<br>**479**<br>**12,860**<br>**0**<br>**1,005**<br>**13,865**<br>**e**<br>**Maintenance of other property**<br>Hall etc. - building fabric<br>0<br>0<br>0<br>**0**<br>Hall etc. - building services<br>647<br>0<br>0<br>**647**<br>Hall etc. equip. - reps & renewals<br>113<br>0<br>35<br>**148**<br>Grounds<br>547<br>0<br>0<br>**547**<br>27 Pen y Bryn Road<br>1,364<br>0<br>0<br>**1,364**<br>**2,671**<br>**0**<br>**35**<br>**2,706**|UnrestrictedDesignated Restricted<br>**2019**<br>£<br>£<br>£<br>**£**<br>1,057<br>0<br>0<br>**1,057**<br>2,297<br>0<br>0<br>**2,297**<br>**3,354**<br>**0**<br>**0**<br>**3,354**<br>1,208<br>0<br>0<br>**1,208**<br>370<br>0<br>0<br>**370**<br>504<br>0<br>0<br>**504**<br>476<br>0<br>0<br>**476**<br>1,126<br>535<br>0<br>**1,661**<br>**3,684**<br>**535**<br>**0**<br>**4,219**<br>19,918<br>0<br>0<br>**19,918**<br>1,652<br>0<br>0<br>**1,652**<br>1,130<br>0<br>0<br>**1,130**<br>467<br>0<br>0<br>**467**<br>20<br>0<br>0<br>**20**<br>385<br>0<br>0<br>**385**<br>200<br>0<br>0<br>**200**<br>60<br>0<br>0<br>**60**<br>239<br>0<br>0<br>**239**<br>140<br>0<br>0<br>**140**<br>100<br>0<br>0<br>**100**<br>**24,311**<br>**0**<br>**0**<br>**24,311**<br>1,147<br>0<br>0<br>**1,147**<br>2,575<br>0<br>0<br>**2,575**<br>4,337<br>0<br>0<br>**4,337**<br>264<br>0<br>0<br>**264**<br>1,947<br>0<br>0<br>**1,947**<br>529<br>0<br>0<br>**529**<br>4,212<br>0<br>0<br>**4,212**<br>400<br>0<br>0<br>**400**<br>**15,411**<br>**0**<br>**0**<br>**15,411**<br>147<br>0<br>0<br>**147**<br>1,196<br>0<br>0<br>**1,196**<br>409<br>150<br>0<br>**559**<br>664<br>0<br>0<br>**664**<br>539<br>0<br>0<br>**539**<br>**2,955**<br>**150**<br>**0**<br>**3,105**|
|---|---|



Finance - Page 6 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Notes to the financial statements for the year ended 31st December 2020 continued** 

|**5**<br>**Analysis of resources expended continued**<br>**Charitable activities**<br>Unrestricted Designated Restricted<br>**2020**<br>£<br>£<br>£<br>**£**<br>**f**<br>**Exceptional expenditure**<br>Refurbishing Youth Lounge<br>0<br>1,380<br>18<br>**1,398**<br>Battery operated mower<br>969<br>0<br>0<br>**969**<br>Preliminary plans - Hall improvemen<br>0<br>900<br>0<br>**900**<br>Lobby Screen Electrics<br>0<br>85<br>0<br>**85**<br>Reordering contract & fees<br>0<br>0<br>0<br>**0**<br>Other Building Costs<br>0<br>0<br>0<br>**0**<br>Other Fittings and equipment<br>0<br>0<br>0<br>**0**<br>Website and logo<br>0<br>0<br>0<br>**0**<br>**969**<br>**2,365**<br>**18**<br>**3,352**<br>**Grants & financial support**<br>**g**<br>**Parish**<br>Regular children's work<br>314<br>0<br>0<br>**314**<br>Regular youth work<br>245<br>0<br>0<br>**245**<br>Children & Youth - Salaries & on costs<br>53,376<br>0<br>3,002<br>**56,378**<br>Children & Youth Pastors' Expenses<br>293<br>0<br>0<br>**293**<br>Project Pastor's Salary & On costs<br>0<br>0<br>12,182<br>**12,182**<br>Project Pastor's Expenses<br>0<br>0<br>98<br>**98**<br>Hiraeth Pastor's Salary & on costs<br>1,376<br>0<br>4,068<br>**5,444**<br>Hiraeth Pastor's Expenses<br>60<br>0<br>0<br>**60**<br>Hiraeth Expenses<br>141<br>0<br>0<br>**141**<br>Youth Weekend Away<br>0<br>0<br>0<br>**0**<br>Adult events<br>216<br>0<br>125<br>**341**<br>Pastoral Care (FareShare)<br>114<br>0<br>993<br>**1,107**<br>Outreach publicity<br>503<br>0<br>99<br>**602**<br>Adult evangelism<br>45<br>0<br>0<br>**45**<br>Children's evangelism<br>650<br>0<br>0<br>**650**<br>Worship Well<br>32<br>0<br>23<br>**55**<br>ABC's<br>9<br>0<br>0<br>**9**<br>Community Café<br>53<br>0<br>0<br>**53**<br>Christians Against Poverty<br>0<br>0<br>1,940<br>**1,940**<br>**57,427**<br>**0**<br>**22,530**<br>**79,957**<br>**h**<br>**Home Mission**<br>Archbishop's fund for children<br>100<br>0<br>0<br>**100**<br>Books Plus Building Fund<br>500<br>0<br>0<br>**500**<br>Cardiff Asian Christian Outreach<br>2,000<br>0<br>0<br>**2,000**<br>Cardiff Food Bank<br>500<br>0<br>0<br>**500**<br>Christians Against Poverty UK<br>1,605<br>0<br>0<br>**1,605**<br>Christians Against Torture<br>250<br>0<br>0<br>**250**<br>Christmas - the Story<br>100<br>0<br>0<br>**100**<br>Church in Wales Centenary Fund<br>1,000<br>0<br>0<br>**1,000**<br>Concern Cymru<br>500<br>0<br>0<br>**500**<br>Home4U Cardiff<br>1,000<br>0<br>0<br>**1,000**<br>Mission Partners' Christmas Gifts<br>200<br>0<br>0<br>**200**<br>Mothers Union Caravan<br>200<br>0<br>0<br>**200**<br>Rainbow of Hope - Paradise Run<br>500<br>0<br>0<br>**500**<br>Salvation Army Wales<br>500<br>0<br>0<br>**500**<br>Scripture Union<br>500<br>0<br>0<br>**500**<br>UCCF - Cardiff Universities<br>500<br>0<br>0<br>**500**<br>St Philip's Roof Repair Fund<br>0<br>0<br>0<br>**0**<br>Other<br>0<br>0<br>0<br>**0**<br>**9,955**<br>**0**<br>**0**<br>**9,955**|UnrestrictedDesignated Restricted<br>**2019**<br>£<br>£<br>£<br>**£**<br>0<br>1,986<br>243<br>**2,229**<br>0<br>0<br>0<br>**0**<br>0<br>0<br>0<br>**0**<br>0<br>699<br>0<br>**699**<br>0<br>0<br>55,263<br>**55,263**<br>0<br>6,830<br>0<br>**6,830**<br>0<br>5,228<br>0<br>**5,228**<br>0<br>1,314<br>0<br>**1,314**<br>**0**<br>**16,057**<br>**55,506**<br>**71,563**<br>484<br>0<br>0<br>**484**<br>41<br>0<br>0<br>**41**<br>23,149<br>0<br>8,990<br>**32,139**<br>130<br>0<br>0<br>**130**<br>0<br>0<br>0<br>**0**<br>0<br>0<br>0<br>**0**<br>2,538<br>0<br>2,500<br>**5,038**<br>21<br>0<br>0<br>**21**<br>303<br>0<br>0<br>**303**<br>1,475<br>0<br>2,344<br>**3,819**<br>1,012<br>0<br>0<br>**1,012**<br>0<br>0<br>0<br>**0**<br>638<br>0<br>0<br>**638**<br>228<br>0<br>0<br>**228**<br>1,330<br>90<br>0<br>**1,420**<br>140<br>0<br>130<br>**270**<br>109<br>0<br>0<br>**109**<br>482<br>0<br>0<br>**482**<br>0<br>0<br>0<br>**0**<br>**32,080**<br>**90**<br>**13,964**<br>**46,134**<br>100<br>0<br>0<br>**100**<br>300<br>0<br>0<br>**300**<br>1,200<br>0<br>0<br>**1,200**<br>500<br>0<br>365<br>**865**<br>350<br>0<br>0<br>**350**<br>250<br>0<br>0<br>**250**<br>200<br>0<br>0<br>**200**<br>0<br>0<br>0<br>**0**<br>250<br>0<br>0<br>**250**<br>300<br>0<br>0<br>**300**<br>500<br>0<br>0<br>**500**<br>0<br>0<br>0<br>**0**<br>0<br>0<br>0<br>**0**<br>250<br>0<br>189<br>**439**<br>250<br>0<br>0<br>**250**<br>250<br>0<br>0<br>**250**<br>0<br>0<br>50,500<br>**50,500**<br>300<br>0<br>789<br>**1,089**<br>**5,000**<br>**0**<br>**51,843**<br>**56,843**|
|---|---|



Finance -Page 7 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

||**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**Notes to the financial statements for the year ended 31st December**|**2020 continued**|**2020 continued**|**2020 continued**|
|---|---|---|---|---|---|---|---|---|---|---|---|
|**5**|**Analysis of resources expended continued**|||||||||||
||**Charitable activities**<br>**Grants & financial support**|Unrestricted <br>£|Designated <br>£|Restricted<br>£|**2020**<br>**£**||UnrestrictedDesignated <br>£<br>£|||Restricted<br>£|**2019**<br>**£**|
|**i**|**World Mission**|||||||||||
||Amigos Uganda  Appeal<br>Bible Society<br>Christian Aid<br>CMS - Africa<br>CMS - South America<br>Langham Preaching<br>Mission partners' Christmas Gifts<br>Mothers Union Overseas Appeal<br>Open Doors<br>OMF<br>South Asian Concern (Indian Mission)<br>TEAR Fund<br>Tindale's Support<br>World Vision<br>28 Too Many<br>Other|1,500<br>500<br>0<br>3,000<br>1,500<br>500<br>100<br>500<br>700<br>500<br>500<br>3,250<br>500<br>1,000<br>650<br>0|0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|0<br>0<br>1,480<br>205<br>0<br>0<br>0<br>0<br>0<br>100<br>0<br>170<br>0<br>0<br>30<br>0|**1,500**<br>**500**<br>**1,480**<br>**3,205**<br>**1,500**<br>**500**<br>**100**<br>**500**<br>**700**<br>**600**<br>**500**<br>**3,420**<br>**500**<br>**1,000**<br>**680**<br>**0**||_526_<br>_300_<br>_0_<br>_3,000_<br>_3,000_<br>_250_<br>_200_<br>_0_<br>_500_<br>_1,250_<br>_350_<br>_3,000_<br>_1,750_<br>_0_<br>_0_<br>_500_||_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_<br>_0_|_0_<br>_0_<br>_873_<br>_97_<br>_97_<br>_0_<br>_0_<br>_0_<br>_0_<br>_100_<br>_0_<br>_171_<br>_0_<br>_0_<br>_61_<br>_1,950_|**_526_**<br>**_300_**<br>**_873_**<br>**_3,097_**<br>**_3,097_**<br>**_250_**<br>**_200_**<br>**_0_**<br>**_500_**<br>**_1,350_**<br>**_350_**<br>**_3,171_**<br>**_1,750_**<br>**_0_**<br>**_61_**<br>**_2,450_**|
|||**14,700**|**0**|**1,985**|**16,685**||**_14,626_**||**_0_**|**_3,349_**|**_17,975_**|
|**j**|**Fund Transfers**|||||||||||
||To Critical repair fund<br>To Contingency fund<br>Grant for St Philip's Parish Share|-5,000<br>-45,000<br>-3,180|5,000<br>45,000<br>3,180|0<br>0<br>0|0<br>**0**<br>**0**||_-5,000_<br>_0_<br>_-4,080_||_5,000_<br>_0_<br>_4,080_|_0_<br>_0_<br>_0_|**_0_**<br>**_0_**<br>**_0_**|
|||**-53,180**|**53,180**|**0**|**0**||**_-9,080_**||**_9,080_**|**_0_**|**_0_**|
|**6**|**Current assets**<br>**Debtors**|||||||||||
||Sundry debtors<br>Prepayments|597<br>1,396|0<br>0|431<br>0|**1,028**<br>**1,396**||_1,351_<br>_663_||_113_<br>_0_|_7,053_<br>_0_|**_8,517_**<br>**_663_**|
|||**1,993**|**0**|**431**|**2,424**||**_2,014_**||**_113_**|**_7,053_**|**_9,180_**|
|**7**|**Cash and bank balances**|||||||||||
||CAF cash current account<br>CAF cash card account<br>CAF gold deposit account<br>Virgin money account<br>Shawbrook account<br>Hodge bank account|14,148<br>447<br>1,056<br>1,915<br>12,440<br>0|778<br>0<br>27,970<br>43,192<br>0<br>53,667|5,659<br>0<br>0<br>21,467<br>13,168<br>0|**20,585**<br>**447**<br>**29,026**<br>**66,574**<br>**25,608**<br>**53,667**||_5,855_<br>_380_<br>_1,551_<br>_29,777_<br>_10,416_<br>_0_||_654_<br>_0_<br>_13,271_<br>_15,117_<br>_0_<br>_48,286_|_832_<br>_0_<br>_5,505_<br>_14,302_<br>_11,675_<br>_0_|**_7,341_**<br>**_380_**<br>**_20,327_**<br>**_59,196_**<br>**_22,091_**<br>**_48,286_**|
|||**30,006 **|**125,607**|**40,294 **|**195,907**||**_47,979_**||**_77,328_**|**_32,314_**|**_157,621_**|
|**8**|**Creditors falling due within one year**|||||||||||
||Sundry creditors<br>Payroll liabilities|1,151<br>372|900<br>0|74<br>483|**2,125**<br>**855**||_2,610_<br>_630_||_834_<br>_0_|_42_<br>_0_|**_3,486_**<br>**_630_**|
|||**1,523**|**900**|**557**|**2,980**||**_3,240_**||**_834_**|**_42_**|**_4,116_**|



Finance - Page 8 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Notes to the financial statements for the year ended 31st December 2020 continued** 

|**9**<br>**Designated funds**<br>**Contingency fund**<br>Opening balance<br>Interest received<br>Transfer from unrestricted funds<br>**Critical Repair**<br>Opening balance<br>Interest received<br>Transfer from unrestricted funds<br>**Legacies**<br>Opening balance<br>Interest received<br>**Geoff Clark memorial**<br>Opening balance<br>Interest received<br>Youth lounge flooring<br>Preliminary Plans for Hall Redevelopment.<br>**Parish Weekend**<br>**Memorial Donations**<br>Opening balance<br>Purchases approved by PCC<br>**St Philip's Parish Share**<br>St Philip's contribution<br>Grant transferred from unrestricted funds<br>St Philip's portion of Parish Share<br>**Total designated funds**|Balance<br>Incoming<br>Outgoing<br>**Balance**<br>1st Jan.<br>Resources<br>Resources<br>**31st Dec.**<br>£<br>£<br>£<br>**£**<br>15,117<br>75<br>45,000<br>**15,117**<br>**45,075**<br>**0**<br>**60,192**<br>48,286<br>380<br>5,000<br>**48,286**<br>**5,380**<br>**0**<br>**53,666**<br>7,334<br>7<br>**7,334**<br>**7**<br>**0**<br>**7,341**<br>5,007<br>3<br>1,380<br>900<br>**5,007**<br>**3**<br>**2,280**<br>**2,730**<br>**654**<br>**0**<br>**0**<br>**654**<br>209<br>85<br>**209**<br>**0**<br>**85**<br>**124**<br>5,667<br>3,180<br>8,847<br>**0**<br>**8,847**<br>**8,847**<br>**0**<br>**76,607**<br>**59,312**<br>**11,212**<br>**124,707**|
|---|---|



## **10 Restricted funds** 

## **Building Redevelopment** 

|For roof repair and redevelopment of the building<br>Opening Balance<br>Interest received<br>**Christians Against Poverty Grant**<br>Opening Balance<br>Interest received on grant held<br>CAP monthly contribution (from Sept)<br>CAP equipment (50% of cost)<br>**Total Restricted  Funds carried forward**|21,355<br>112<br>**21,355**<br>**112**<br>**0**<br>**21,467**<br>9,670<br>77<br>1,200<br>740<br>**9,670**<br>**77**<br>**1,940**<br>**7,807**<br>**31,025**<br>**189**<br>**1,940**<br>**29,274**|
|---|---|



Finance - Page 9 



**St Mark's Gabalfa Parochial Church Council - Charity No 1131555** 

## **Notes to the financial statements for the year ended 31st December 2020 continued** 

|**10**|**Restricted funds**||Balance<br>1st Jan.<br>£|Balance<br>1st Jan.<br>£||Incoming<br>Resources<br>£|Incoming<br>Resources<br>£||Outgoing<br>Resources<br>£|Outgoing<br>Resources<br>£|Outgoing<br>Resources<br>£|Outgoing<br>Resources<br>£|**Balance**<br>**31st Dec.**<br>**£**|**Balance**<br>**31st Dec.**<br>**£**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||
||**Total Restricted  Funds carried forward**||**31,025**||||**189**|||**1,940**|||**29,274**|||
||**Community Projects - Fare Share**|||||||||||||||
||Money donated and granted for support of those|in need|||due|to Covid 19||||||||||
||Donations from Church Members|||||1,290||||||||||
||Gift Aid  & GADSD Tax||||||226|||||||||
||Grant via Citizens Church|||||4,000||||||||||
||Food Supplies Purchased||||||||||993|||||
||Other Costs - equipment and mileage||||||||||239|||||
||||||**0**|**5,516**||||**1,232**|||**4,284**|||
||**Hiraeth Grants**|||||||||||||||
||Opening Balance|||2,503||||||||||||
||Grant for Hiraeth from Diocese|||||3,333||||||||||
||Interest received on grant held||||||9|||||||||
||Salary from grants|||||||||2,505||||||
|||||**2,503**||**3,342**||||**2,505**|||**3,340**|||
||**Telling the Joyful Story Grant**|||||||||||||||
||Opening Balance|||2,005||||||||||||
||Interest received on grant held||||||16|||||||||
|||||**2,005**|||**16**|||||**0**|**2,021**|||
||**Earmarked Donations**|||||||||||||||
||Opening Balance (Worship Well)||||105|||||||||||
||Donation for IT||||||603|||||||||
||Gift Aid Tax||||||151|||||||||
||Donation for Adult Evangelism||||||500|||||||||
||Staycation offering & contrib. to speaker's fee||||||125||||125|||||
||Computer and IT purchases||||||||||754|||||
||Purchases of equipment for Worship Well|||||||||||23||||
||||||**105**|**1,379**|||||**902**|||**582**||
||**Youth Lounge Fund**|||||||||||||||
||Money raised by the youth to upgrade the youth lounge|||||||||||||||
||Opening Balance||||551|||||||||||
||Paint for youth lounge|||||||||||18||||
||||||**551**||**0**|||||**18**||**533**||
||**Mrs Thomas' legacy**|||||||||||||||
||This was an endowment fund held by the RB given to buy an|annual prize for||||the child|who||best|memorised Scripture.||||||
||The fund was closed and the proceeds remitted to us. It must be used for that intended purpose.|||||||||||||||
||||||**134**||**0**|||||**0**||**134**||
||**Children & youth work**|||||||||||||||
||Grants for children & youth pastors' salaries.|||||||||||||||
||Opening Balance|||3,002||||||||||||
||Interest received on grant held||||||1|||||||||
||Salaries from grants|||||||||3,003||||||
|||||**3,002**|||**1**|||**3,003**|||||**0**|
||**Project Pastor**|||||||||||||||
||Gift Aided Donation for Project Pastor's salary and on-costs (mid July to December)|||||||||||||||
||Monthly Donations|||||9,820||||||||||
||Gift Aid Tax|||||2,460||||||||||
||Project Pastor's Salary and other costs|||||||||12,280||||||
||||||**0**|**12,280**||||**12,280**|||||**0**|
||**HMRC - Furlough Receipts**|||||||||||||||
||HMRC furlough pay for Hiraeth Pastor and Cleaner|||||||||||||||
||Received from HMRC||||0|**2,567**||||2,567||||||
||||||**0**|**2,567**||||**2,567**|||||**0**|
||**Mission**|||||||||||||||
||Money collected for specific mission purposes, and used||||for those purposes.|||||Individual mission||||||
||giving included in the notes on pages 7&8|||||||||||||||
||Donations|||||1,985||||||||||
||Various mission agencies|||||||||1,985||||||
||||||**0**|**1,985**||||**1,985**|||||**0**|
|||||||||||||||||
||**Total restricted funds**||**39,325**|||**27,275**||||**26,432**|||**40,168**|||



Finance - Page 10