Administrative information
The Parish is sttuated in North Cardiff near the Gabalfa Interchange and also in Tremorfa to the
East, wlhin the Deanery of Cardiff which is part of the Diocese of Llandaff within the Church in
Wales.
The Corresponden address is 206 North Road, Gabalfa, Cardiff CF14 38L.
The Parish is registered wilh the Charity Commission: Charity Registration Number 1131555.
One Parish Church is dedicated to St Mark the Evangèlist. The other is St Philip's
A daughter congregation meets in the Heath Citizens, AssoGialion premises at Heath Park.
Parochial Church Council IPCC) members:
The PCC members who have senled from 1 January 2021 until the date this reFQrt was approved are:
Term ended or
resigned
Name
Appointed
Office held
Clergy
Marcus Nelson
June 2018
Church Wardens
Jo Shepherd
John Young
April 2016
April 2019
April 2022
April 2022
Vicar's Warden
People's Warden
Carole Loveridge
April 2022
Heath Park. Sub- Warden
Annette Ltttlechild
April 2022
St Phlllp's. Sub- Warden
other Elected Members
Ed Butler
Peter Donnison
April 2022
Martyn Jorbe5
Julie Karasek
Jonathan Kell
Jacob Marbn
Charis Moon
Stephen Palmstom
Philip Ratcliffe
April 2019
April 2022
April 2019
April 2019
April 2019
April 2022
April 2022
April 2022
PCC Secretary
People's Assistant
Warden
Henry Shepherd
Timothy Smith
Linda Webber
Peter Wiles
Term
Annual Co- Options
Pauline Page
R05emary Counsell
Michael Glenn
Appolnted EndedlRe5i8ned
April 2022
April 2022
April 2022
Treasurer
Safeguarding Offir
Licensed Reader
April 2019
Annual Co- options
PCC members are appointed or elected as set out in the Church in Wales Constitution.
All Church atteThJees are encL)uraged to register on the Electoral Roll and stand for eledion to the PCC.
Term Ended/
Appolnted R•sigrtÈd
Church Officer5 not on PCC
RosemaryAldis
Honorary Associate Minister
Shawn Lloyd
April 2022
Assistant Vicarfs Warden
Jennie Tarr
Admlnlstrator
Cathy Allen
Assistant Admlnistrator
Georgie Meagher
Sept 2019
Youth and Discipleship Pastor
Maternlty
Leave
Bronwen Watkins
Children and Families Pastor
Becky Heaps l Maternity Cover)
Chlldren and Families 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 1 FS
Shavknrook Bank, Lutea House, Wadey Hill Business ParK Great Wartey,
BrenoOd CM13 3BE
Virgin Money, Jubilee House, Gosforth, Newcastle upon Tyne NE3 4PL
Architect:
Hook Mason Limited, Studio 2, Thom Office Centre, Rothemas.
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 Trustses. Responsibilities
To cofflply fully with the provisions of the Church in Wales
Achievements and Performance
Year
2022
2021
Roll date 06103/22
Member5 on Elertoral
Roll
153
205
Year
Easter Communicants
2021
2020
Christmas Communicant5
99
Average Weekly Attendance
unknown
unknown
Average (Under 18s} Weekly Attendan
unknown
unknown
Nofi
ures for YouTube/ Livestream
VICAR'S OF YEAR
As we look back overthe year 2021 together, forour Annual Vestry meetin& we look back over another
year overshadowed in so many ways by the ongoing pandemlc. The last time church doors had been
closed up and the down the country had been over eight hundred years ago. It would have been difficult
to imagine anything much more disruptive to our church family life and it will take us some time yet to
fully process all that has happened. What we can say for certain at this stage. as we reflect back on all
that has happened, is that amidst the difficulties whlch we have all experienced, there has also been a
great deal to give thanks for. The Lord Jesus Christ himself has been powerfully at work In our church over
this last year in a great many ways.
Firstly, throu8h the months ofthe pandemic we have been increasinglysent outwards as a church family.
It was comparatively easywhen times were better to stay behind our four walls, with our energy and
resources aimed mostly inwards and to have made less conscious and strategic effort to reach out with
the good news ofjesus to the parish and wider city. Unable to meet physically, we discovered new ways
of reaching out and connecting online. Uploading service5 to YouTube, welcoming on YouTube Live.
beginningto livestream as well as hosting mid- week Morning Prayer on zoom. We ran our first onllne
Holiday Bible Club for children and had Roger Carswell join us for Hope 2021 Mission during Holy Week. It
has been thrilling to see the development of our City Outreach ministry. We are very grateful to Della, Val
and Shawn and the whole wider team who have worked tirelesslyto provide three markets each week,
continuing to pick up food from nearly fifty supermarkets and giving food to over one hundred house-
holds each week. We have also been overjoyed to have been able to launch the Christians Against
Poverty Debt Centre in partnership with Highfields. the Bridge Church and Thornhill Church. Dave and Val
Russell have done very well in championingthis new ministry and with Jo Steer appointed as centre
manager, we eagerly await its development in coming months. Again and again in countless different
ways, we have been sent out as a church family as ambassadors ofjesus Christ, to share His good news
and act in His name.
Secondly. we have seen many people that were outside the life of church being brought into our church
famlly over the course of the year. There has been a widespread feeling among so manythat we now
have contact with, that the whole post-modern narrative . life has come from nowhere and is going
nowhere, so just make the best of what's in between: has finally run its course. So many are looking for
forgiveness for their mistakes of yesterday. purpose fortoday and something to look forward to
tomorrow. It has been so moving to see the numbers in thi5 new year coming into the three alpha
courses that we have begun to offer each week. Again and again peopSe whose lives were at very low
places, have been touched by Jesu5 and are bein8 transformed by his grace and mercy. It has been such a
privilege to watch many of our church family sharing their stories of how they came to know Christ and
drawing alonBside others in genuine love and care.
Thlrdly. through thls year we have again and again been helped out and given fresh eyes to appreciate
what matters most in life. We have all had to reassess our priorities and been given a greater appreciation
for the incomparable blessing that church family Is; with sharing of life, the freedom to gather in worship,
the gift of worshlplng our great God with songs of praise and celebrating communion with Christ and one
another around his table together. Throughout the year on 200m and in person we continued to pray and
bring our needs before our Almighty Father again and again. There are many special memories, making
hedgehog boxes with Gn and Mike Ratcliffe, Peter Edbury's rambles, decorating Easter eggs in Czech
style with Julie Karasek, our Garden Gatherings over summer months, Christingle, the Christmas
Experience and Carpark Carols. l also had the joy of baptising Silas Shepherd and Oliver Watson-james,
and of marrying Hannah and Ritchie Betts.
VICAR'S REVIEW OF YEAII
The year was also one of great sadness for many families who lost loved ones. Mary Roberts, Hazel Poole,
Cyndie Perrins, Gill Dallow. Margaret Cross, Eirlys Emery, Peggy Moon, Ted Rich, Bruce Ford, Joyce Callow
and Valerie Spooner all went home to be with Christ. C S Lewis once said that when we lose a loved one.
we lose a part of ourselves, and that we can never be the same again. Our hearts go out to all those who
have suffered grief and loss and we continue to look to our Heavenly Father, the God of all comfort, to
draw close and envelop them in his everlastin8 arms. I was profoundly privileged to be able to spend sorne
time with some of those precious people who went home this year. Again and again, I felt the wonder and
reallty of the hope we have in Jesus and the assurance that with him the best is alway5 still to come and
that we will see those who have gone on before u5 again.
There have been changes to our staff team. We were delighted to have Cathy Allen join our administration
team and with Bronwen going on maternity leave after Tobia5' birth, that Becky Heaps has been able to
maintain and develop our ministry to children and families so well, It was wonderful to be able to welcome
Emily Prance as our Intern for the year. It ha5 been fantastic to see her grow and develop, through servlng
in so many different areas of church family life. l am very thankful to our wardens; John Young and Jo
Shepherd. While John will continue to serve in the coming year with the same diligence which he always
shows, Jo will be stepping back as her term comes to an end. l am tremendously grateful to her.. for her
love forjesus and unstinting care for our church family and personallyfor her support and strength
through many complex issues. We are also this year givingthanks to Pauline Page as she steps back from
her role as Treasurer into a supportive role. Pauline has worked long and hard, behind the scenes with
great attention to detail and commitment to all she has done. I would also like to thankthe members of
our PCC for their care and wisdom in overseeing our governance and finances. Our home groups have
continued to be a lifeline for so many and I want to say thank you to Henry Shepherd for the excellent way
in which he has supported their ministry. There are so many who serve 50 faithfully in so many ways,
although we are not able to thank them all, we remember that nothing that is done for the Lord Jesus Is
ever wasted but will bear fruit for all eternity. Our ministry P3ttern5 have also changed a great deal with
the formal beginning of our Calon y Ddinas Ministry Area. It wa5 3 delight to be able to host the first Joint
fun day tO8ether in our Barden in early September as we forge ahead In collaboration with Urban Crofters,
Citizen Church. Dewi Sant and Stjohns.
Again and again. I have been moved. speaking to those who have in many ways 8one through the very
worst over this last year, testifying to Jesus, great mercy and kindness through it all and continuing to
count their blessings and having hearts overfiowing with joy and thankfulness. As a family, we were
shocked and grieved at the news of my brother- in-laws tra8ic death in October 2021. but were
overwhelmed by our heavenly Fatherfs care and protection for us as we travelled and your love and
generosity in what was and remains a very difficult situation.
As we look back with thankfulness, we also begin to look ahead with hope, We very much look forward to
better days to come and the beginning of a new and perhaps better chapter for us all; kicking off with
Ro8er Carswell returning to Cardiff, thi5 time in person, to lead our HOPE 2022 Easter Mission. After Easter
we hope to continue to move forwards on the road to recovery and to rebuild our church family, as we
move foardS together into all that the Lord Jesus has in store.
Revd Marcus Nelson
Vicar St Mark's Gabalfa and St Phlllp's Tremorfa
Foryet anotheryear we praise God for his abundant provision for both St MarKs and St Philip's. We had
anticipated a surplus of £19K in our unrestrirted funds (the day to day running expenses of the church).
The surplus was £66.5K. The unrestritted income was £36.5K more than budgeted; most significantly
£24.5K in quarterly grants from the diocese due to the continuance of Covid disruption. These grants
were not in our bud8et. £4K, the annual rebate for paying Parish Share regularly now has be shown as
income, ratherthan netted from expenditure. The other £7K is mainly continued increased committed
iving. Thank you, church family, foryour faithful support of God's work at St Mark's. St Mark's @ Heath
Park and St Philip's.
Our unrestricted expenditure was £10.5K less than budgeted. It is difficult to analyse the differences as
we have had to move Into uslng a new accounting system that is being adopted throughout the Church in
Wales, so some of payments (most significantly our payments to the Lay Pastoral Staffl have been moved
to new headings. The 2020 accounts have been reproduced using these new headings to enable
comparisons between the last two years to be made. The reason for the £10.5K lower expenditure is that
we did not spend all of our committed tithe in 2021. The PCC agreed to transfer the unspent tithe
balance {£10.3KI into a designated mission fund to be distributed when new mission partners have been
identified.
At the end of 2021 our unrestrlcted Income was £253,551 and expenditure £187,061. The income and
expenditure figures are shown on page l of the finance report with detailed breakdown in the following
notes. From the surplus of £66,491, in addition to the transferto the mission fund, £5K was transferred to
the Designated Critical Repair Fund, and £5K to a new Designated Organ Fund. A transfer of £28Kwas
made at the year-end into the Designated Contingency Fund leaving £56,430 In unrestricted funds-3
months budgeted unrestricted expenses for the cornbined parish for 2022.
Once again. other than the transfers to designated funds mentioned above. there was little movement on
designated funds. No building work was able to be done in 2021. There were a few purchases from the
contingency fund agreed by PCC. See Page 9 of the finance report for details. Total designated funds at
the end of 2021 were £171,571.
There was more activity in our restricted fund5 (funds received for named projects that can only be spent
on those projects). These are detailed on Page 9 of the Finance report for St Philip's & Page 10 for St
Mark's. Gr3nt5 previously received from the Diocese for Hiraeth and Telllng the Joyful Story were
returned as we were unable to use them as specified.
Fmnanellal HeTReTV
The Free Market (City Outreach) continued to be a vital part of our support of those in need in Gabalfa
and Tremorfa. £4,284 was in the fund at the start of the year as in December 2020 as a grant for £4K
came via Citizen's Church. A further"Love Chri5tma5" grant of £6K and other donations were received in
2021. £3,706 was spent on the Free Market in 2021 meaning £7,058 remained available for ongoing Free
Market purchases in 2022, where signilicant needs continue, which give valuable contacts with many
local people.
Gill Dallow requested. that gifts in memory of her should be given to a restricted fund held by St Mark's to
train leaders for youth and children's work in Tremorfa and Wales. £550 was given in 2021. More has
been added in 2022.
From St Philip's Restricted funds, £4037 was spent as a deposit for external joinery work due to
undertaken soon. The balance of their Restricted funds (Page 9 of the Finance Report) Is £18,453.
The total balance in Restrlrted Funds at the end of 2021 is £56,319. Overall the year end funds were
£284.320 in total. £58,739 more than at the start of the year.
For anotheryear 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. l am grateful for their
help. It has probably been the most difficult year of my time as treasurer. Not only has it involved
consolidatingthe accounts of St Mark's and St Philip's, but we have had to change our accounting system
to one specified by the Church in Wales and the breakdown of account expenditure thts imposes is a
straight-jacket that is far from appropriate for a large active church like St Marvs.
The first set of annual accounts I produced for St Mark's was in 2009, having taken on the treasurerfs role
near the end of that year. I'm pleased that this year will be my last as a new Parish Treasurer has been
identified. I will continue to support her in her role.
Pauline Page- Treasurer
Reserves Poll
The PCC agreed that £56K be retained in the unrestricted funds of the parish. which is 3 months.
unrestricted expenditure. Of our designated funds, that is money we have chosen to hold for projects
that are outside our regular day to day needs, we anticipate spending at least £50K in 2022. In addition
we shall need to replace the boilers soon, and carbon emission friendly replacements will be expensive.
The organ is also in need of refurbishment or replacement. Most of the restricted money held by St
Mark's will be spent in 2022.
£IIOK is held in banks where we need to give 2 or 3 months, notice, but are recelvin8 some interest
although the rates are low at present. The other £172K is in banks with instant retrieval or just postal
notice. These gain a little interest. No bank holds more than £85K of the Parish money, so our reseNes
are protected under the Financial Services Compensation Scheme.
APPROVED bylh• Parochial Church Council on 15 March 2022
and slgned on Its behalf by
Slgnature:
## **St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555 Statement of Financial Activities**
## **for the year ended 31st December 2021**
**----- Start of picture text -----**
Unrest- Designated Rest- Total Unrest- Desig- Rest-
ricted Funds ricted Funds ricted nated ricted Total
Notes Funds 2021 Funds 2021 Funds Funds Funds Funds
2021 2021 2020 2020 2020 2020
Pages £ £ £ £ £ £ £ £
Incoming resources 4-8
Donations and legacies
Planned giving 4a 166,025 0 0 166,025 161,110 0 0 161,110
Church collections 4b 1,866 0 0 1,866 3,542 0 0 3,542
Donations 4c 4,862 0 2,874 7,736 4,750 0 12,133 16,883
For mission 4d 0 0 388 388 0 0 2,035 2,035
Tax refunds 4e 39,721 0 553 40,274 38,462 0 2,838 41,300
Legacies 0 0 0 0 0 0 0 0
Grants 4f 27,804 0 8,261 36,065 26,472 0 9,900 36,372
Other Trading Activities
Hall/property 4g 443 0 0 443 610 0 0 610
Events & activities 4h 200 0 0 200 336 0 155 491
Parish Share Rebate 4i 3,932 0 0 3,932 4,099 0 0 4,099
Income from Charitable Activities
Fees 4j 120 0 0 120 148 0 0 148
Investment income
Bank Interest & Property Letting 4k 8,578 392 99 9,069 1,675 465 321 2,461
Other incoming resources
Other Income 0 0 0 0 0
Total incoming resources 253,551 392 12,175 266,118 241,204 465 27,382 269,051
Resources expended
Charitable activities
Parish share 5a 78,849 0 0 78,849 78,635 0 0 78,635
Parochial expenses of clerics 5b 1,253 0 66 1,319 1,249 0 105 1,354
Support of ministry
Assistant Clergy Expenses 5c 583 0 0 583 493 0 0 493
Lay Ministers' Costs 5d 47,436 743 2,261 50,440 55,359 0 19,351 74,710
Parish activities
Maintenance of services 5e 3,803 956 0 4,759 2,751 0 0 2,751
General parish expenses 5f 17,634 0 0 17,634 19,484 0 754 20,238
Church property
Maintenance of churches 5g 16,131 0 0 16,131 15,080 0 1,005 16,085
Maintenance of other property 5h 1,377 128 0 1,505 2,671 0 35 2,706
Exceptional expenditure 5i 0 0 3,942 3,942 969 2,365 10,454 13,788
Grants & financial support
Parish 5j 4,894 0 11,937 16,831 3,282 0 3,263 6,545
Home mission 5k 5,850 0 0 5,850 9,955 0 0 9,955
World mission 5l 9,250 0 285 9,535 14,700 0 1,985 16,685
Costs of generating funds
Cost of money raising 5m 0 0 0 0 0
Total resources expended 187,060 1,827 18,491 207,378 204,628 2,365 36,952 243,945
Net incoming resources before
transfers and other recognised gains
and losses 66,491 -1,435 -6,316 58,740 36,576 -1,900 -9,570 25,106
Transfers between funds 5j -48,300 48,300 0 0 -50,000 50,000 0 0
Net movement in funds 18,191 46,865 -6,316 58,740 -13,424 48,100 -9,570 25,106
Total funds b/f @ 1 Jan 2021 38,239 124,706 62,635 225,580 51,663 76,606 72,205 200,474
Total funds c/f @ 31 Dec 2021 56,430 171,571 56,319 284,320 38,239 124,706 62,635 225,580
**----- End of picture text -----**
Finance - Page 1
## **St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Balance Sheet as at 31st December 2021**
|**Current assets**
Debtors
Cash and bank balances
**Creditors falling due within**
**one year**
**Net current assets**
**TOTAL NET ASSETS**
**FUNDS**
**Capital funds**
Permanent endowment
Expendable endowment
**Income funds**
Unrestricted
Unrestricted - designated
Restricted
**TOTAL FUNDS**|Notes
Pages
8-10
6
7
8
9
10|Unrest-
ricted
Funds
2021
Desig-
nated
Funds
2021
Rest-
ricted
Funds
2021
Total
Funds
2021
£
£
£
£
2,904
0
2,274
**5,178**
56,586
171,598
54,157
**282,341**
**59,490**
**171,598**
**56,431**
**287,519**
3,060
27
112
**3,199**
**3,060**
**27**
**112**
**3,199**
**56,430**
**171,571**
**56,319**
**284,320**
**56,430**
**171,571**
**56,319**
**284,320**
2021
£
0
0
56,430
171,571
56,319
**284,320**|Unrest-
ricted
Funds
2020
Desig-
nated
Funds
2020
Rest-
ricted
Funds
2020
Total
Funds
2020
£
£
£
£
1,993
0
430
**2,423**
37,769
125,606
62,762
**226,137**
**39,762**
**125,606**
**63,192**
**228,560**
1,523
900
557
**2,980**
**1,523**
**900**
**557**
**2,980**
**38,239**
**124,706**
**62,635**
**225,580**
**38,239**
**124,706**
**62,635**
**225,580**
2020
£
0
0
38,239
124,706
62,635
**225,580**|
|---|---|---|---|
**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**
**and signed on its behalf by**
(Name) Rev'd Marcus Nelson
(Signature)
(Name) Pauline Page
(Signature)
The notes on pages headed Finance - Page 3 to 10 form part of this account
Finance - Page 2
## **St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Notes to the financial statements for the year ended 31st December 2021**
## **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 and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Notes to the financial statements for the year ended 31st December 2021 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 -----**
2021 2020
2 Paid employees £ £
Gross wages and salaries 61,687 85,571
Employer's national insurance costs 3,637 5,472
Pension contribution costs 1,743 2,436
Total staff costs 67,067 93,479
Average number of employees in the year (FTE) 3 4
3 Payments to PCC members
Refund of expenditure paid to PCC trustees and close
relatives, other than clergy 2,170 1,155
Number of PCC members and close relatives paid expenses 6 8
No PCC members were employed
**----- End of picture text -----**
## **4 Analysis of incoming resources**
|**Voluntary income**
**a**
**Planned giving**
Standing orders & bank income
Gift direct
Envelopes
**b**
**Church collections**
Cash Collections & Vouchers
**c**
**Donations**
Donations gift aided
Donations non-gift aided
**d**
**For mission**
**Home missions - City Outreach**|Unrestricted Designated
Restricted
**2021**
£
£
£
**£**
18,660
0
0
**18,660**
144,197
0
0 **144,197**
3,168
0
0
**3,168**
**166,025**
**0**
**0 166,025**
**1,866**
**0**
**0**
**1,866**
1,685
0
2,100
**3,785**
3,177
0
774
**3,951**
**4,862**
**0**
**2,874**
**7,736**
**0**
**0**
**103**
**103**|UnrestrictedDesignated Restricted
**_2020_**
_£_
_£_
_£_
**_£_**
_19,113_
_0_
_0_
**_19,113_**
_137,257_
_0_
_0_
**_137,257_**
_4,740_
_0_
_0_
**_4,740_**
**_161,110_**
**_0_**
**_0_**
**_161,110_**
**_3,542_**
**_0_**
**_0_**
**_3,542_**
_2,514_
_0_
_11,218_
**_13,732_**
_2,236_
_0_
_915_
**_3,151_**
**_4,750_**
**_0_**
**_12,133_**
**_16,883_**
**_0_**
**_0_**
**_80_**
**_80_**|
|---|---|---|
Finance - Page 4
## **St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Notes to the financial statements for the year ended 31st December 2021 continued**
## **4 Analysis of incoming resources continued**
|**Voluntary income**
**d**
**For Mission continued**
**Overseas missions**
Christian Aid
CMS - Africa
OMF
TEAR Fund Harvest Appeal
**Total for the worldwide church**
**e**
**Tax refunds**
Gift Aid tax
Gift Aid tax on Small Donations
Gift Direct tax
**f**
**Grants**
HMRC National Insurance Refund
HMRC - Furlough Pay
HMRC Maternity Pay
Diocesan Grants re Covid
Diocesan Mission Fund Grants
Bridge Church - St Philip's Bibles
City Outreach Grant
Listed Places of Worship - VAT
Prickett Charity
Wales Leadership Forum - Covid
**Generated income**
**Money raising**
**g**
**Hall/property**
Building usage
Use of photocopier
**h**
**Events/Activities**
Ministry Area Hog Roast
Staycation
Cards sold for 28 Too Many
Toddlers' group donations
Community Café
**i**
**Parish Share Rebate**
**j**
**Fees**
**k**
**Investments**
Bank Interest
Rent - 27 Pen y Bryn Road|Unrestricted Designated Restricted
**2021**
£
£
£
**£**
0
0
30
**30**
0
0
155
**155**
0
0
100
**100**
0
0
0
**0**
**0**
**0**
**285**
**285**
**0**
**0**
**388**
**388**
4,033
0
500
**4,533**
454
0
53
**507**
35,234
0
0
**35,234**
**39,721**
**0**
**553**
**40,274**
2,779
0
0
**2,779**
0
0
0
**0**
0
0
2,261
**2,261**
24,640
0
0
**24,640**
0
0
0
**0**
0
0
0
**0**
0
0
6,000
**6,000**
385
0
0
**385**
0
0
0
**0**
0
0
0
**0**
**27,804**
**0**
**8,261**
**36,065**
360
0
0
**360**
83
0
0
**83**
**443**
**0**
**0**
**443**
185
0
0
**185**
0
0
0
**0**
0
0
0
**0**
15
0
0
**15**
0
0
0
**0**
**200**
**0**
**0**
**200**
**3,932**
**0**
**0**
**3,932**
**120**
**0**
**0**
**120**
130
392
99
**621**
8,448
0
0
**8,448**
**8,578**
**392**
**99**
**9,069**|UnrestrictedDesignated Restricted
**_2020_**
_£_
_£_
_£_
**_£_**
_0_
_0_
_1,480_
**_1,480_**
_0_
_0_
_205_
**_205_**
_0_
_0_
_100_
**_100_**
_0_
_0_
_170_
**_170_**
**_0_**
**_0_**
**_1,955_**
**_1,955_**
**_0_**
**_0_**
**_2,035_**
**_2,035_**
_3,677_
_0_
_2,820_
**_6,497_**
_1,108_
_0_
_18_
**_1,126_**
_33,677_
_0_
_0_
**_33,677_**
**_38,462_**
**_0_**
**_2,838_**
**_41,300_**
_5,042_
_0_
_0_
**_5,042_**
_0_
_0_
_2,567_
**_2,567_**
_0_
_0_
_0_
**_0_**
_19,373_
_0_
_0_
**_19,373_**
_0_
_0_
_3,333_
**_3,333_**
_183_
_0_
_0_
**_183_**
_0_
_0_
_4,000_
**_4,000_**
_373_
_0_
_0_
**_373_**
_1,001_
_0_
_0_
**_1,001_**
_500_
_0_
_0_
**_500_**
**_26,472_**
**_0_**
**_9,900_**
**_36,372_**
_525_
_0_
_0_
**_525_**
_85_
_0_
_0_
**_85_**
**_610_**
**_0_**
**_0_**
**_610_**
_0_
_0_
_0_
**_0_**
_0_
_0_
_125_
**_125_**
_0_
_0_
_30_
**_30_**
_73_
_0_
_0_
**_73_**
_263_
_0_
_0_
**_263_**
**_336_**
**_0_**
**_155_**
**_491_**
**_4,099_**
**_0_**
**_0_**
**_4,099_**
**_148_**
**_0_**
**_0_**
**_148_**
_231_
_465_
_321_
**_1,017_**
1,444
0
0
**_1,444_**
**1,675**
**465**
**321**
**2,461**|
|---|---|---|
Finance - Page 5
**St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
**Notes to the financial statements for the year ended 31st December 2021 continued**
|**5**
**Analysis of resources expended**
**Charitable activities**
Unrestricted Designated Restricted
**2021**
**Support of ministry**
£
£
£
**£**
**a**
**Parish Share**
**78,849**
**0**
**0**
**78,849**
**b**
**Parochial expenses of clergy**
Clergy travel expenses
209
0
66
**275**
Clergy other expenses
1,044
0
0
**1,044**
**1,253**
**0**
**66**
**1,319**
**c**
**Assistant Clergy expenses**
**583**
**0**
**0**
**583**
**d**
**Lay Ministers' Costs**
Visiting Speakers
265
0
0
**265**
Lay Ministers' Expenses
808
0
0
**808**
Lay Ministers' Laptops
702
743
0
**1,445**
Lay Ministers' Salaries
41,220
0
2,195
**43,415**
Lay Minister's NI
3,179
0
0
**3,179**
Lay Minster's Pension
1,262
0
66
**1,328**
**47,436**
**743**
**2,261**
**50,440**
**Parish activities**
**e**
**Maintenance of services**
Hire of Heath Citizens' hall
1,275
0
0
**1,275**
Worship requisites
457
0
0
**457**
Musical instruments
883
0
0
**883**
Digital services
187
956
0
**1,143**
Copyright licence
1,001
0
0
**1,001**
**3,803**
**956**
**0**
**4,759**
**f**
**General parish expenses**
Administrators - salaries
13,826
0
0
**13,826**
Administrators - NI
457
0
0
**457**
Administrators - Pension
415
0
0
**415**
Stat., copying & office materials
886
0
0
**886**
Computers incl Church Suite
948
0
0
**948**
Office telephone & internet
345
0
0
**345**
Gifts
148
0
0
**148**
Membership subscriptions
250
0
0
**250**
Independent examination
60
0
0
**60**
Bank Charges
288
0
0
**288**
PCC meeting costs
11
0
0
**11**
**17,634**
**0**
**0**
**17,634**
**Church property**
**g**
**Maintenance of churches**
Insurance
1,323
0
0
**1,323**
Electricity
2,846
0
0
**2,846**
Gas
3,560
0
0
**3,560**
Water
650
0
0
**650**
Church - building fabric
0
0
0
**0**
Church - building services
2,544
0
0
**2,544**
Church equip. - reps & renewals
245
0
0
**245**
Cleaner - salary
4,446
0
0
**4,446**
Cleaning materials
517
0
0
**517**
**16,131**
**0**
**0**
**16,131**|UnrestrictedDesignated Restricted
**2020**
£
£
£
**£**
_78,635_
_0_
_0_
**_78,635_**
296
0
105
**_401_**
953
0
0
**_953_**
**1,249**
**0**
**105**
**_1,354_**
_493_
_0_
_0_
**_493_**
255
0
0
**_255_**
353
0
98
**_451_**
0
0
0
**_0_**
49,010
0
17,964
**_66,974_**
4,070
0
951
**_5,021_**
1,671
0
338
**_2,009_**
**55,359**
**0**
**19,351**
**_74,710_**
810
0
0
**810**
426
0
0
**426**
180
0
0
**180**
144
0
0
**144**
1,191
0
0
**1,191**
**2,751**
**0**
**0**
**2,751**
14,160
0
0
**14,160**
452
0
0
**452**
427
0
0
**427**
2,522
0
0
**2,522**
852
0
754
**1,606**
492
0
0
**492**
139
0
0
**139**
200
0
0
**200**
60
0
0
**60**
180
0
0
**180**
0
0
0
**0**
**19,484**
**0**
**754**
**20,238**
1,308
0
0
**1,308**
3,005
0
0
**3,005**
3,874
0
0
**3,874**
523
0
0
**523**
0
0
0
**0**
2,069
0
0
**2,069**
339
0
0
**339**
3,432
0
1,005
**4,437**
530
0
0
**530**
**15,080**
**0**
**1,005**
**16,085**|
|---|---|
Finance - Page 6
## **St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
||**Notes to the financial statements for the year ended**|**Notes to the financial statements for the year ended**|**Notes to the financial statements for the year ended**|**Notes to the financial statements for the year ended**|**Notes to the financial statements for the year ended**|**31st December 2021**|**31st December 2021**|**31st December 2021**|**31st December 2021**|**continued**|**continued**|**continued**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**5**|**Analysis of resources expended continued**|||||||||||||
||**Charitable activities**|Unrestricted
£|Designated
£|Restricted
£||**2021**
**£**||UnrestrictedDesignated
£
£|||Restricted
£||**2020**
**£**|
|**h**|**Maintenance of other property**|||||||||||||
||Hall etc. - building fabric
Hall etc. - building services
Hall etc. equip. - reps & renewals
Grounds
27 Pen y Bryn Road|0
0
247
926
204|0
0
128
0
0|0
0
0
0
0||**0**
**0**
**375**
**926**
**204**||0
647
113
547
1,364||0
0
0
0
0|0
0
35
0
0||**0**
**647**
**148**
**547**
**1,364**|
|||**1,377**|**128**|**0**||**1,505**||**2,671**||**0**|**35**||**2,706**|
|**i**|**Exceptional expenditure**|||||||||||||
||St Philip's External Joinery Deposit
St Philip's Roof
St Philip's Boiler replacement
Refurbishing Youth Lounge
Battery operated mower
Preliminary plans - Hall improvemen
Lobby Screen Electrics|0
0
0
0
0
0
0|0
0
0
0
0
0
0|3,942
0
0
0
0
0
0||**3,942**
**0**
**0**
**0**
**0**
**0**
**0**||0
0
0
0
969
0
0|0
0
0
1,380
0
900
85||0
5,135
5,300
19
0
0
0||**0**
**5,135**
**5,300**
**1,399**
**969**
**900**
**85**|
|||**0**|**0**|**3,942**||**3,942**||**969**|**2,365 **||**10,454**||**13,788**|
|**j**|**Grants & financial support**
**Parish**|||||||||||||
||Regular children's & youth work
Adult events
Staycation
Ministry Area Meet & Greet
City Outreach (Food Market)
Outreach publicity
Adult evangelism
Children's evangelism
Training (Food Hygiene)
Grants returned to diocese
Little Seeds - Mums & Toddlers
Maintaining Web Site
Christians Against Poverty|1,315
578
0
1,105
0
102
504
1,118
0
0
125
47
0|0
0
0
0
0
0
0
0
0
0
0
0
0|0
0
0
0
3,388
0
564
252
0
5,333
0
0
2,400||**1,315**
**578**
**0**
**1,105**
**3,388**
**102**
**1,068**
**1,370**
**0**
**5,333**
**125**
**47**
**2,400**||783
152
149
0
114
599
455
794
180
0
9
47
0||0
0
0
0
0
0
0
0
0
0
0
0
0|0
23
125
0
993
99
0
83
0
0
0
0
1,940||**783**
**175**
**274**
**0**
**1,107**
**698**
**455**
**877**
**180**
**0**
**9**
**47**
**1,940**|
|||**4,894**|**0**|**11,937**||**16,831**||**3,282**||**0**|**3,263**||**6,545**|
|**k**|**Home Mission**|||||||||||||
||Archbishop's fund for children
Cardiff Asian Christian Outreach
Cardiff Food Bank
Christians Against Poverty UK
Christians Against Torture
Christmas - the Story
Home4U Cardiff
Mission Partners' Christmas Gifts
Mothers Union Caravan
Ordinand's Gift for Books
Salvation Army Wales
UCCF - Cardiff Universities
Other|100
3,000
300
200
250
200
500
100
200
100
400
500
0|0
0
0
0
0
0
0
0
0
0
0
0
0|0
0
0
0
0
0
0
0
0
0
0
0
0||**100**
**3,000**
**300**
**200**
**250**
**200**
**500**
**100**
**200**
**100**
**400**
**500**
**0**||100
2,000
500
1,605
250
100
1,000
200
200
0
500
500
3,000||0
0
0
0
0
0
0
0
0
0
0
0
0|0
0
0
0
0
0
0
0
0
0
0
0
0||**100**
**2,000**
**500**
**1,605**
**250**
**100**
**1,000**
**200**
**200**
**0**
**500**
**500**
**3,000**|
|||**5,850**|**0**|**0**||**5,850**||**9,955**||**0**|**0**||**9,955**|
Finance -Page 7
## **St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Notes to the financial statements for the year ended 31st December 2021 continued**
|**5**
**Analysis of resources expended continued**
**Charitable activities**
Unrestricted Designated Restricted
**2021**
**Grants & financial support**
£
£
£
**£**
**l**
**World Mission**
Amigos Uganda Appeal
500
0
0
**500**
Bible Society
350
0
0
**350**
Christian Aid
0
0
30
**30**
CMS - Africa
3,000
0
155
**3,155**
Langham Preaching
350
0
0
**350**
Mission partners' Christmas Gifts
50
0
0
**50**
Mothers Union Overseas Appeal
500
0
0
**500**
Open Doors
500
0
0
**500**
Operation Mobilisation
150
0
0
**150**
OMF
0
0
100
**100**
TEAR Fund
3,000
0
0
**3,000**
Wycliffe Bible Translators
350
0
0
**350**
28 Too Many
500
0
0
**500**
Other
0
0
0
**0**
**9,250**
**0**
**285**
**9,535**
**m**
**Fund Transfers**
To Critical repair fund
-5,000
5,000
0
0
To Contingency fund
-28,000
28,000
0
**0**
To Mission Fund
-10,300
10,300
0
**0**
To Organ Fund
-5,000
5,000
0
**0**
**-48,300**
**48,300**
**0**
**0**
**Current assets**
**6**
**Debtors**
Sundry debtors
1,693
0
2,274
**3,967**
Prepayments
1,211
0
0
**1,211**
**2,904**
**0**
**2,274**
**5,178**
**7**
**Cash and bank balances**
St Mark's CAF cash current acc
4,082
26,078
2,195
**32,355**
St Mark's CAF cash card acc
453
0
0
**453**
St Mark's CAF gold deposit acc
1,758
42,272
0
**44,030**
St Mark's Virgin money account
1,843
39,227
25,591
**66,661**
St Mark's Shawbrook account
17,838
0
7,918
**25,756**
St Mark's Hodge bank account
20,000
64,021
0
**84,021**
St Philip's Cash in Hand
186
0
0
**186**
St Philip's CAF cash current acc
6,315
0
318
**6,633**
St Philip's CAF gold deposit acc
487
0
4,000
**4,487**
St Philip's Virgin money account
3,624
0
14,135
**17,759**
**56,586 171,598**
**54,157 282,341**
**8**
**Creditors falling due within one year**
Sundry creditors
2,081
27
0
**2,108**
Payroll liabilities
979
0
112
**1,091**
**3,060**
**27**
**112**
**3,199**|UnrestrictedDesignated Restricted
**2020**
£
£
£
**£**
_1,500_
_0_
_0_
**_1,500_**
_500_
_0_
_0_
**_500_**
_0_
_0_
_1,480_
**_1,480_**
_3,000_
_0_
_205_
**_3,205_**
_500_
_0_
_0_
**_500_**
_100_
_0_
_0_
**_100_**
_500_
_0_
_0_
**_500_**
_700_
_0_
_0_
**_700_**
_0_
_0_
_0_
**_0_**
_500_
_0_
_100_
**_600_**
_3,250_
_0_
_170_
**_3,420_**
_0_
_0_
_0_
**_0_**
_650_
_0_
_30_
**_680_**
_3,500_
_0_
_0_
**_3,500_**
**_14,700_**
**_0_**
**_1,985_**
**_16,685_**
_-5,000_
_5,000_
_0_
**_0_**
_-45,000_
_45,000_
_0_
**_0_**
_0_
_0_
_0_
**_0_**
_0_
_0_
_0_
**_0_**
**_-50,000_**
**_50,000_**
**_0_**
**_0_**
_597_
_0_
_430_
**_1,027_**
_1,396_
_0_
_0_
**_1,396_**
**_1,993_**
**_0_**
**_430_**
**_2,423_**
_14,148_
_778_
_5,659_
**_20,585_**
_447_
_0_
_0_
**_447_**
_1,056_
_27,970_
_0_
**_29,026_**
_1,915_
_43,192_
_21,467_
**_66,574_**
_12,441_
_0_
_13,168_
**_25,609_**
_0_
_53,666_
_0_
**_53,666_**
_68_
_0_
_0_
**_68_**
_3,589_
_0_
_318_
**_3,907_**
_486_
_0_
_4,000_
**_4,486_**
_3,619_
_0_
_18,150_
**_21,769_**
**_37,769_**
**_125,606_**
**_62,762_**
**_226,137_**
_1,151_
_900_
_74_
**_2,125_**
_372_
_0_
_483_
**_855_**
**_1,523_**
**_900_**
**_557_**
**_2,980_**|
|---|---|
Finance - Page 8
**St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Notes to the financial statements for the year ended 31st December 2021 continued**
|**9**
**St Mark's**
**Designated funds**
**Contingency fund**
Opening balance
Interest received
Transfer from unrestricted funds
Lap Top for staff use
Streaming equipment
Storage Units application
**Critical Repair**
Opening balance
Interest received
Transfer from unrestricted funds
**Mission Fund**
Transfer from unrestricted funds
**Organ Fund**
Transfer from unrestricted funds
**Legacies**
Opening balance
Interest received
**Geoff Clark Memorial**
**Parish Weekend**
**Memorial Donations**
**Total Designated Funds**|Balance
Incoming
Outgoing
**Balance**
1st Jan.
Resources
Resources
**31st Dec.**
£
£
£
**£**
60,192
36
28,000
**743**
**956**
**128**
**60,192**
**28,036**
**1,828**
**86,401**
53,666
355
5,000
**53,666**
**5,355**
**0**
**59,021**
10,300
**0**
**10,300**
**0**
**10,300**
5,000
**0**
**5,000**
**0**
**5,000**
7,340
1
**7,340**
**1**
**0**
**7,341**
**2,730**
**0**
**0**
**2,730**
**654**
**0**
**0**
**654**
**124**
**0**
**0**
**124**
**124,706**
**48,692**
**1,828**
**171,571**|
|---|---|
## **St Philip's Restricted Funds**
|**Building Fund**
Opening balance
Interest received
Deposit for External Joinery
**Fund for Worker**
**Children & Youth Work**
**Total St Philip's Restricted Funds**|18,150
22
4,037
**18,150**
**22**
**4,037**
**14,135**
**4,000**
**0**
**0**
**4,000**
**318**
**0**
**0**
**318**
**22,468**
**22**
**4,037**
**18,453**|
|---|---|
Finance - Page 9
**St Mark's Gabalfa and St Philip's Tremorfa Parochial Church Council Charity No 1131555**
## **Notes to the financial statements for the year ended 31st December 2021 continued**
|**10**|**St Mark's**
**Restricted funds**||Balance
1st Jan.
£|Balance
1st Jan.
£|Incoming
Resources
£|Outgoing
Resources
£|Outgoing
Resources
£|**Balance**
**31st Dec.**
**£**|**Balance**
**31st Dec.**
**£**|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||**Building Redevelopment**|||||||||||
||Opening Balance
Interest received
Credit from Architect re overcharge||21,467||29
95|||||||
||||**21,467**||**124**||**0**|**21,591**||||
||**Community Projects - City Outreach**
Money donated and granted for support of those in need due||||to Covid 19|||||||
||Opening Balance
Donations
Gift Aid & GADSD Tax
Grant via Citizens Church
Supplies Purchased
Other Costs - equipment, publicity, mileage|||4,284|427
53
6,000||2,722
984|||||
|||||**4,284**|**6,480**||**3,706**|**7,058**||||
||**Christians Against Poverty Grant**|||||||||||
||Opening Balance
Interest received
CAP monthly contribution (8 months)|||7,807|37||2,400|||||
|||||**7,807**|**37**||**2,400**|**5,444**||||
||**Filming Project (Telling the Joyful Story Grant)**|||||||||||
||Opening Balance
Interest received
Gift Aid Donation and Tax Claimed
Grant returned to Diocese
Filming Initial Costs|||2,020|18
2,500||2,000
64|||||
|||||**2,020**|**2,518**||**2,064**|**2,474**||||
||**Gill Dallow Memorial**
Fund for training youth workers for St Philip's and in Wales|||||||||||
||Donations received|||0|**550**||0|||||
|||||**0**|**550**||**0**||**550**|||
||**Youth Lounge Fund**
Money raised by the youth to upgrade the youth lounge|||||||||||
|||||**533**|**0**||**0**||**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**|||
||**Earmarked Donations**|||||||||||
||Opening Balance (Adult Evangelism)
Opening Balance (Worship Well)
Evangelism (Roger Carswell)|||500
82|||500|||||
|||||**582**|**0**||**500**|||**82**||
||**HMRC - Statutory Maternity Pay**
HMRC SMP|||||||||||
||Received from HMRC|||0|**2,261**||2,261|||||
|||||**0**|**2,261**||**2,261**||||**0**|
||**Hiraeth Grants**|||||||||||
||Opening Balance
Interest transferred to general fund
Grant returned to Diocese|||3,340|||7
3,333|||||
|||||**3,340**|**0**||**3,340**||||**0**|
||**Mission**
Money collected for specific mission purposes, and used for those purposes.
giving included in the notes on pages 7&8||||||Individual mission|||||
||Donations
Various mission agencies||||285||285|||||
|||||**0**|**285**||**285**||||**0**|
|||||||||||||
||**Total St Mark's Restricted Funds**||**40,167**||**12,255**||**14,556**|**37,866**||||
|||||||||||||
||**Total Parish Restricted Funds**||**62,635**||**12,277**||**18,593**|**56,319**||||
Finance - Page 10
St Mark's Gabalfa and St Philip's Trnmorfa Parochial Church Council
Charity No. 1131555
Independent Examinerfs Report to the Parochial Church Council
for the year ended 31st December 2021
Inde
ndent exami
o the Trustees
I report on the Accounts of thè Church for the year ended 31* D8cember 2021, are sel out on
pag8s numbered Firwice- P8g8s 1-10.
The Churth's Trust respCll48 for th8 preparatson of ts A(xLMts. Tr Chwch's TrLtst8es considor
that an audit is not required for Ihs yoar der seth.on 144(21 of Ihe Chwities kl 2011 {th8 2011 Act) ar•J
that an in(kpendènt •xanination is ne8d8d. It is my respSibI1ty lo:
examin8 t ac¢thurtS Seckn 145 d the 2011 Prt
• to follthv the laid do*n in the General Directions by thg Charity Commissioners und
sg¢tion 14515)Ibl of the 2011 ,. and
• lo state whethor partioJlar mattor5 have a)m8 to my attent.
Bash of Independent Examln•¢• r•p(YL'
examination indLKles a reviow of tho COuntIr¥j re(x)rds kept by Chanty and a cThnparison of I
nts wes•rted vrith th)8e reoxds. It also indudes of arty unusual items disdo5S in
dc+ not all the that*tMJld te In rK> CPThCn is &•Von as to%thath9r
the Accounts Sent a'true fair vi8#. the rert is limited to Ih)se matters set out in th? stat6monl
Since the gross in¢om8 for the yw exceeds a1rxrt prowd8d in sectim 1493) ofthe Act. I confimi that
l am qualrfièd to xt as Inwerrt Examiner urNXer the wovish)ns cl Seaion of the Act that my
qU8lfficalion is as shM bth.
In coN18cts"on with my examin8tion. no matter has come to my attenb"on:
11) whith gives mo r•8sonatd• ¢wse to that in Matla1 re¥*¢l reqL1ments'.
to keep a¢OntIng records in accordanL* Wth seciKm 130 ofthe 2011 Act.. aTr
to prepare Accounts whith accord th the accounting records and to comply with tho accounting
requiremènts of tho 2011 A(a have not b88n met",
121 to *thith, in my opinion, attention slwjjld be dra to urnlWstdiry ofthe Ac£ounts lo
be r08ch8d.
Slgn*ure: *x.
Namè & Addre. l*trs &tsan P11, 18 Thjmtw C103e. Rhvht>ina. cthff. CF14 1 iJr
Qu411ficadons: C.P.F.A.
Dat•:
Repryt- Page 1