2022-12-31-accounts - Parish Of Morriston Parochial Church Council

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PARISH OF MORRISTON

PAROCHIAL CHURCH COUNCIL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Administratve informaton

The Parish is part The Church in Wales in the Area Deanery of Afon Tawe in the Ministry Area of Tawe Isaf in the Diocese of Swansea and Brecon. The Parish is registered with the Charity Commission. Its registered number is 1131686

Its correspondence address is The Vicarage, 129 Clasemont Road, Morriston, Swansea SA6

The dedication of the Church is St David’s and it is located on Woodfield Street, Morriston, Swansea.

Parochial Church Council (PCC) members

The PCC members who have served in the period from 15 April 2022 to the date of this report are as follows:-

Incumbent Rev HM Lervy Vicar’s Warden Mrs M Jones People’s Warden Mr F Hollamby

Other Members

Mrs J Cooze Mrs G Demery Secretary Miss S Davies Mrs CA Evans Mrs M James Mrs A Lewis Mr G Lewis Treasurer Mrs L G Lewis Mr W K Lewis Mrs S Waby

PCC members are appointed in accordance with the constitution of The Church in Wales and serve from the date of the annual parish meeting to the conclusion of the meeting for the following year. The parish meeting for 2021 was held on 15 April 2022.

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Objectves and actvites

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

parish.
Achievements and performance	This year	Last year
Electoral Roll members	144	164
Easter communicants	106	66
Christmas communicants	109
Regular contributng members	98	104

Due to lockdown rules introduced by the Church

in Wales no Christmas service took place in 2021

Statement of Trustees Responsibites

To comply with the provisions of the Constitution of the Church in Wales.

Review of the Year

The proposals in the Diocese to change the method of allocation of Parish Share was brought into effect for this year whereby the Deanery could decide its own apportionment between Parishes of a global amount allocated by the Diocesan Board of Finance and this is causing some uncertainty as to the costs which will be payable in the future by the individual Parishes. The PCC are therefore concerned that they ensure the continued maintenance of the Reserves which the Parish has accumulated over the past years.

During the year a new tenant was secured for the curate’s house which resulted in an increases in rental income. No significant costs were expended on the property.

Financial Review

The Parish had a surplus in the year of £ £6478(2021- £27987). This surplus arose through the receipt of support from the Representative Body of the Church in Wales. The amount due for Parish Share was reduced by the receipt of grant from the RB to the Diocese during the periods of lockdown. Parish Share for 2023 has reverted to its former levels and stands at £64,000 for 2023. We will need to be cautious and it is likely that we could suffer a deficit in 2022 which will reduce our reserves further unless we can increase our regular income. The PCC have also taken the steps to designate part of the funds available for future expenditure on Fabric repairs. The sum allocated represents monies received from the sale of the former vicarage and recent substantial legacies.

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Future Plans

A quinquennial inspection carried out in 2016 has identified some longer-term issues. The major more current matters identified in that report are being addressed.

Reserves Policy

The PCC have not fixed a level of reserves but it recognises that to be prudent it must strive not to allow the level of reserves as they currently stand to fall materially.

Public Beneft

The PCC have considered the guidance issued by the Charity Commission and are satisfied that through their community activities and utilisation of church property for community use are providing services to the general public in the Parish of Morriston.

Advisors

Independent Examiner Bankers Solicitors Richard Nedin HSBC plc

Approved by the Parochial Church Council on 2 April 2023 and signed on its behalf by

Rev HM Lervy

Chairman

Page 3 Parish of Morriston

Independent Examiner’s Report to the members of the Parochial Church Council

I report on the Financial Statements of the Parish of Morriston for the year ended 31 December 2022 which are set out on pages 5 to 7.

Respectve responsibilites of Parochial Church Council and Examiner;

As the Parochial Church Council, you are responsible for preparing the financial Statements and consider that the audit requirements of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, 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 Commissioners. An examination includes a review of the accounting records kept by the Parochial Church Council and a comparison of the Financial Statements presented with those records. It also includes consideration of any unusual items or disclosure in the Financial Statements, and seeking explanations from you as Parochial Church Council members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express and audit opinion on the view given by the Financial Statements.

Independent Examiner’s statement:

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
(a)keep accounting records in accordance with Section 41 of the Act; and to
(b) prepare Financial Statements which accord with the accounting records and to comply with the accounting requirements of the Act have not been met: or
(2) to which in my opinion, attention should be drawn in order to enable a proper understanding of the Financial Statements to be reached.

Independent Examiner:

Richard Nedin

Date 2 April 2023

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Parish of Morriston

Statement of Financial Actvites at 31 December

General Funds	Restricted Funds	Total 2022	Total 2021
£ 46,299 2,875 6,622 3,306 9,770 4,095 2,083 25 11,353	£ 2,750	£ 46,299 2,875 6,622 3,306 9,770 0 2,750 4,095 2,083 25 11,353	£ 55,720 1,466 2,092 1,651 9,946 6,000 850 2,792 1,242 1 15,954
86,428	2,750	89,178	97,714
57,600 3,429 320 1,046 2,314 10,380 843 712 183 3,207 1,028	1,638	57,600 3,429 320 1,046 3,952 10,380 843 712 183 3,207 0 1,028	45,962 2,678 60 297 2,172 8,415 4,746 0 1,652 0 3,745 0
81,062	1,638	82,700	69,727
5,366 184,695	1,112 1,154	6,478 185,849	27,987 157,862
190,061	2,266	192,327	185,849

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Parish of Morriston

Statement of Assets and Liabilites as at 31 December

General Funds	Restricted Funds	Total 2021	Total 2020
£ 162,570 12,077 19,079 -3,665	£ 2,266	£ 164,836 12,077 19,079 0 -3,665	£ 154,820 12,052 21,979 0 -3,002
190,061	2,266	192,327	185,849
108,695 5,366 76,000	1,154 1,112	109,849 6,478 76,000	81,862 27,987 76,000
190,061	2,266	192,327	185,849

Approved by the PCC on 26 March 2023 and signed on their behalf

Rev HM Lervy Chairman

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Notes to the Accounts

Accountng Policy

The accounts have been prepared on a receipts and payments basis as adjusted for items of expenditure where the liability had been incurred at the accounts date but payment had not been made.

Income from tax rebates on gift aid have been included in these accounts if claim for repayment has been made.

The accounts are drawn up in accordance with the format recommended in the Church in Wales as amended to reflect the requirements of the Charities Accounting Regulations and the related Statement of Recommended Practice

1. Direct giving- planned

Represents envelope and covenanted collections including amounts received by standing order.

2. Liabilites

These represent amounts received in the year and payable to third parties after the year end and outstanding bills in respect of work carried out not yet approved for payment.

3. Other Assets

The following assets are held by Trustees for the benefit of the Parish

Land at St John's Square (RB) from which itis anticipated that no funds will be received

4. Trustees Remuneraton

No remuneration was paid to any PCC member for services provided to the Parish.

Expenses amounting to £3429(2021-£2678) relating to costs paid on behalf of the Parish were reimbursed to Rev HM Lervy during the year.

5. Commitments

Expenditure totalling £8500 (2021-£nil) has been authorised and committed at the year end, which was supported by agrant award from the City and County of Swansea improvement fund.

6. Legacy gifs

Monies from bequests together with monies received from the old vicarage are to be used for the maintenance of the fabric of the Church and are

designated for that purpose. The allocation of accumulated funds were restated for 2020 to reflect this change.

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