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||Page|
|---|---|
|Trustees' annual
report||
|Independent
examiner's
report to the trustees||
|Statement offinancial
activities|12|
|Statement offinancial
position|13|
|Statement ofcash flows|14|
|Notes to the financial
statements|15|
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|||||2022|2022||2021|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|||
||||funds|funds|funds|Total funds|Total funds|
|||Note|E|6|E|6||
|Income and endowments||||||||
|Donations
and legacies||4|227,912|46,008|4|273,925|102,014|
|Charitable
activities||5|71,166|9,895||81,061|37,928|
|Investment
income||6|1,462|915|202|2,579|1,114|
|Other income||7|119,417|62,356|21,504|203,277||
|Total income|||419,957|119,174|21,710|560,842|141,056|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs ofother||||||||
|trading
activities||8|2,039|||2,039||
|Expenditure
on||||||||
|charitable
activities||9,10|267,186|78,688||345,874|126,552|
|Total expenditure|||269,225|78,688||347,913|126,552|
|Net (losses)/gains|on|||||||
|investments||11||(849)|(5,634)|(6,483)|6,020|
|Net income|||150,732|39,637|16,076|206,446|20,524|
|Transfers between|funds||(987)|1,687|(700)|||
|Net movement
in|funds||149,745|41,324|15,376|206,446|20,524|
|Reconciliation
of|funds|||||||
|Total funds brought|forward||305,058|271,001|59,146|635,205|614,681|
|Total funds carried forward|||454,803|312,325|74,522|841,650|635,205|
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|31December 20|22|||||
|---|---|---|---|---|---|
||||Mote|2022
f|2021
f|
|Fixed assets
Tangible fixed assets
Investments|||15
16|232,914
55,297|232,914
61,780|
|||||288,211|294,694|
|Current assets||||||
|Debtors
Cash at bank and in|hand|||58,526
506,533|7,721
336,113|
|||||565,061|343,834|
|Creditors: amounts|falling|due within one year|18|11,620|3,323|
|Net current assets||||553,439|340,510|
|Total assets less current||liabilities||84'i,650|635,205|
|Net assets||||841,650|635,205|
|Funds ofthe charity
Endowment
funds||||74,522|59,148|
|Restricted funds||||312,325|271,000|
|Unrestricted
funds||||454,803|305,059|
|Total charity funds|||19|841,650|635,205|
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|Ministry Area of Roath and C
(formerly The Parochial Church Council
Statement ofCash Flows
Year ended 31 December 2022|athays
ofthe Ecclesiastical|Parish of Roath)||
|---|---|---|---|
|||2022|2021|
|Cash flows from operating
activities||||
|Net income||206,446|20,524|
|Adjustments
for:
Net (losses)/gains
on investments||6,483|(6,020)|
|Dividends,
interest and rents from investments||(957)|(1,114)|
|Other interest receivable and similar income
Accrued expenses||(1,622)
7,219|2,611|
|Changesin:||||
|Trade and other debtors||(50,806)|8,905|
|Trade and other creditors||1,078||
|Cash generated
from operations||167,841|24,906|
|Interest received||1,622||
|Net cash from operating
activities||169,463|24,906|
|Cash flows from investing
activities||||
|Dividends,
interest and rents from investments||957|1,114|
|Purchases
ofother investments|||(269)|
|Proceeds from sale ofother investments|||128|
|Net cash from investing
activities||959|973|
|Net increase
in cash and cash equivalents||170,422|25,879|
|Cash and cash equivalents
at beginning|ofyear|336,112|310,233|
|Cash and cash equivalents
at end ofyear||506,534|336,112|
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|||Unrestricted|Restricted|Endowment|Total Funds|
|---|---|---|---|---|---|
|||Funds
f|Funds
E|Funds
8|2022|
|Donations||||||
|Planned
giving||82,508|1,145||83,658|
|Church Collections||15,750|358||16,108|
|Donations||21,631|7,605||29,236|
|For mission||4,477|||4,477|
|Money-raising||26,958|400||27,358|
|Gift Aid||18,704|1,500||20,204|
|Tax refund||56,384|||56,384|
|Legacies
Legacies||1,500|10,000||11,500|
|Grants||||||
|Non-recuning|one-off grants||25,000||25,000|
|||227,912|46,008||273,925|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2021|
|||F|||E|
|Donations||||||
|Planned
giving||44,736|||44,736|
|Church Collections||7,628|||7,628|
|Donations||33,661|||33,661|
|For mission||3,125|||3,125|
|Money-raising||881|||881|
|Gift Aid||||||
|Tax refund||11,983|||11,983|
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|Ye|ar ended 31 Decembe|ar ended 31 Decembe|r 2022||||||
|---|---|---|---|---|---|---|---|---|
|4.|Donations
and legacies||(continuer//||||||
||||||Unrestricted|Restricted|Endowment|Total Funds|
||||||Funds|Funds|Funds|2021|
||||||E|||E|
||Legacies||||||||
||Legacies||||||||
||Grants||||||||
||Non-recurring
one-off grants||||||||
||||||102,014|||102,014|
|5.|Charitable
activities||||||||
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2022|
|||||||F|E|E|
||Church|activities - Fees|||||||
||Church|activities - Rent from investment|||land or||||
||buildings|||||6,050|9,694|15,744|
||Church|activities - Hall/Property||||49,807||49,807|
||Church|activities - Other|income|||8,160|201|8,361|
||Church|activities - Church|building|Rental||7,149||7,149|
|||||||71,166|9,895|81,061|
|||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
|||||||||E|
||Church|activities - Fees||||2,945||2,945|
||Church|activities - Rent from investment|||land or||||
||buildings||||||||
||Church|activities - Hall/Property||||22,643|8,958|31,601|
||Church|activities - Other|income|||3,382||3,382|
||Church|activities - Church|building|Rental|||||
|||||||28,970|8,958|37,928|
##
|Investment|income|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds|2022|
|||F||E|E|
|Investment|income|957|||957|
|Bank interest receivable||505|915|202|1,622|
|||1,462|915|202|2,579|
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|Ye|ar ended 3|1 December 2022|1 December 2022|||||
|---|---|---|---|---|---|---|---|
|6.|Investment|income (continued)||||||
|||||Unrestricted|Restricted|Endowment|Total Funds|
|||||Funds|Funds|Funds|2021|
|||||||F|E|
||Investment|income||967|133|14|1,114|
||Bank interest receivable|||||||
|||||967|133|14|1,114|
|7.|Other income|||||||
|||||Unrestricted|Restricted|Endowment|Total Funds|
|||||Funds|Funds|Funds|2022|
||||||E|E|E|
||Other exceptional||income|119,417|62,356|21,504|203,277|
|||||Unrestricted|Restricted|Endowment|Total Funds|
|||||Funds|Funds|Funds|2021|
||Other exceptional||income|||||
##
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2022|Funds|2021|
||||E|F|E|
|Costs ofother trading|activities|||||
|Staging events||2,039|2,039|||
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|9.|Expendi|ture
o|n ch|aritable|activities|by fund type||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2022|
||||||||5|E|8|
||Support|for Ministry|||||118,802||118,802|
||Parish
Running||Costs||||20,817|5,255|26,072|
||Church|Property|||||111,534|11,170|122,704|
||Missions||||||11,578|62,263|73,840|
||Support|costs|||||4,455||4,456|
||||||||267,186|78,688|345,874|
||||||||Unrestricted|Restricted|Total Funds|
||||||||Funds|Funds|2021
f|
||Support|for Ministry|||||56,787||56,787|
||Parish
Running||Costs||||10,409||10,409|
||Church|Property|||||55,884|104|55,988|
||Missions||||||3,368||3,368|
||Supportcosts|||||||||
||||||||126,448|104|126,552|
|10.|Expenditure
on charitable||||activities|by activity type||||
|||||||Activities||||
|||||||undertaken|Support|Total funds|Total fund|
|||||||directly|costs|2022|2021|
|||||||F|||F|
||Support|for Ministry||||118,802||118,802|56,787|
||Parish Running||Costs|||26,072||26,072|10,409|
||Church|Property||||122,704||122,704|55,988|
||Missions|||||73,840||73,840|3,368|
||Governance
costs||||||4,456|4,456||
|||||||341,418|4,456|345,874|126,552|
|11.|Net (losses)/gains|||on investments||||||
|||||||Unrestricted|Restricted|Endowment|Total Funds|
|||||||Funds
5|Funds|Funds
f|2022
6|
||Gains/(losses)||on listed investments||||(849)|(5,634)|(6,483)|
|||||||Unrestdcted|Restricted|Endowment|Total Funds|
|||||||Funds|Funds|Funds|2021|
|||||||||E||
||Gains/(losses)||on listed investments|||129|759|5,132|6,020|
##
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|Independent|examinatio|n
fees||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||K||
|Fees payable|to the independent||examiner for:|||
|Independent|examination|ofthe|financial statements|4,440||
##
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##
|Tangible fixe|d assets||||
|---|---|---|---|---|
|||Freehold|||
|||propertyf|Equipment
E|Total|
|Cost|||||
|At 1January|2022 and 31 December 2022|232,914|24,523|257,437|
|Depreciation|||||
|At 1January|2022 and 31 December 2022||24,523|24,523|
|Carrying
amount|||||
|At 31 December 2022||232,914||232,914|
|At 31 December 2021||232,914||232,914|
##
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|Investments||
|---|---|
||Listed|
||investments|
|Cost or valuation||
|At 1 January 2022|61,780|
|Additions||
|Fair value movements|(6,483)|
|At 31December 2022|55,297|
|Impairment||
|At 1January
2022 and 31 December 2022||
|Carrying
amount||
|At 31 December 2022|55,297|
|At 31 December 2021|61,780|
##
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|17.|stating
the mid
and the value
Debtors|dle
ma
ofeach|rket valuation
ofa share at the year-end.
investment
is calculated
accordingly.|This is considered
to b|e fair value|
|---|---|---|---|---|---|
|||||2022|2021|
|||||6|8|
||Trade debtors|||7,994|7,171|
||Prepayments|and accrued income||5,099|550|
||Other debtors|||45,434||
|||||58,527|7,721|
|18.|Creditors: amounts||falling due within one year|||
|||||2022|2021|
|||||8||
||Accruals and deferred||income|10,542|3,323|
||Other creditors|||1,078||
|||||11,620|3,323|
##
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||||||At 1||||Gains and|At 31|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Jan 2022|Income|Expenditure|Transfers|losses|Dec2022|
|||||||E||E|E|E|
|General funds|||||182,821|377,934|(269,225)|6,686||298,215|
|Designated|funds:||||||||||
|StMargaret's|WC fund||||86,696|||||86,696|
|StMargaret's|Organ||Fund||21,428|||||21,428|
|StEdwards|Accessibility|||Fund|8,413|118||||8,531|
|StEdwards|Organ|Fund|||5,700|||||5,700|
|St Martin - Building|||Project|||23,567||(7,673)||15,894|
|St Michael -|COIF Church|||Fabric||18,338||||18,338|
||||||305,058|419,957|(269,225)|(987)||454,802|
||||||At 1||||Gains and|At 31|
||||||Jan 2021|Income|Expenditure|Transfers|losses|Dec 2021|
|||||||E|E|E|E|E|
|General funds|||||170,115|131,662|(126,448)|7,363|129|182,821|
|Designated|funds:||||||||||
|St Margaret's|WC fund||||86,687|||||86,696|
|St Margaret's|Organ||Fund||21,428|||||21,428|
|St Edwards|Accessibility|||Fund|8,133|280||||8,413|
|St Edwards|Organ|Fund|||5,700|||||5,700|
|St Martin
- Building|||Project||||||||
|St Michael -|COIF Church|||Fabric|||||||
||||||292,063|131,951|(126,448)|7,363|129|305,058|
##
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##
|Restricted funds|||||||
|---|---|---|---|---|---|---|
||At 1||||Gains and|At 31|
||Jan 2022|Income|Expenditure|Transfers
f|losses|Dec 2022
f|
|Roath &Cathays - STM Chancel|||||||
|repair fund|8,092||||(850)|7,242|
|Roath &Cathays - STM Chancel|||||||
|repair fund|42|144||||186|
|Roath &Cathays - St Phillips|||||||
|House|11,998|166||||12,164|
|Roath &Cathays - D M Brothers|250,869|10,007||(6,486)||254,390|
|St Martin - Music Foundation||9,234|(8,674)|500||1,060|
|St Martin Organ Repair Fund||10,970|(4,700)|||6,270|
|St Martin Project 120||57,640|(65,313)|7,673|||
|StGerman
Thelma Francis||31,013||||31,013|
||271,001|119,174|(78,688)|1,687|(850)|312,325|
||At 1||||Gains and|At 31|
||Jan 2021|Income
f|Expenditure|Transfers
f|losses|Dec 2021|
|Roath 8 Cathays - STM Chancel|||||||
|repair fund|7,064|269|||759|8,092|
|Roath &Cathays - STM Chancel|||||||
|repair fund|178|133|(269)|||42|
|Roath &Cathays - St Phillips|||||||
|House|11,998|||||11,998|
|Roath &Cathays - D M Brothers|249,377|8,959|103.91|(7,363)||250,869|
|St Martin - Music Foundation|||||||
|St Martin Organ Repair Fund|||||||
|St Martin Project 120|||||||
|StGerman
Thelma Francis|||||||
||268,617|9,361|(104)||759|271,001|
##
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|Endowment|funds|||||||
|---|---|---|---|---|---|---|---|
|||At 1||||Gains and|At 31|
|||Jan 2022
F|Income
F.|Expenditure
f|Transfers
f|losses
f|Dec2022|
|Roath &Cathays|- Picton|5,189|||||5,189|
|Roath 8 Cathays|- Riddett|269|||||269|
|Roath &Cathays|- EMLong|101||||(11)|90|
|Roath &Cathays|-Shaw|53,588||||(5,624)|47,964|
|St German
Freda|Hawkins||21,710||(700)||21,010|
|||59,147|21,710||(700)|(5,635)|74,522|
|||At 1||||Gains and|At 31|
|||Jan 2021
f|Income
F|Expenditure
f|Transfers|losses
F|Dec 2021
f|
|Roath &Cathays-|Picton|5,175|14||||5,189|
|Roath &Cathays|- Riddett|269|||||269|
|Roath &Cathays|- EMLong|91||||10|101|
|Roath &Cathays|- Shaw|48,465||||5,122|53,588|
|||54,000|14|||5,132|59,147|
|Analysis ofnet as|sets between|funds||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds
f|Funds
f.|Funds
F|2022
f|
|Tangible fixed assets||232,914|||232,914|
|Investments|||7,242|48,055|55,297|
|Cunent assets||233,510|305,083|26,468|565,059|
|Creditors less than|1 year|(11,620)|||(11,620)|
|Net assets||454,804|312,325|74,523|841,650|
|||Unrestricted|Restricted|Endowment|Total Funds|
|||Funds|Funds|Funds
f|2021|
|Tangible
fixed assets||232,914|||232,914|
|Investments|||8,092|53,688|61,780|
|Current assets||75,466|262,909|5,458|343,834|
|Creditors less than|1 year|(3,323)|||(3,323)|
|Net assets||305,057|271,001|59,146|635,205|
##
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|Yea|r ended 31 Decem|ber 2022|||||
|---|---|---|---|---|---|---|
|21.|Analysis ofchanges|in net debt|||||
|||||At||At|
||||1|Jan 2022|Cash flows|31Dec 2022|
|||||6|F||
||Cash at bank and in hand|||336,112|170,422|506,534|