## 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.
Page 1
## 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.
Page 2
## 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
Page 4
## Parish of Morriston
Statement of Financial Actvites at 31 December
|Note no
Incoming Resources/Receipts
Voluntary Income
Planned Giving
1
Loose Collectons
Donatons
For Mission
Tax Refunds
Legacy gifs
Grants
Generated Income
Money Raising
Fees
Investment Income
Other Incoming Resources
Total Incoming Resources/Receipts
Resouces Expended /Payments
Support for Ministry
Parish Share
Parochial Expenses of Clerics
Other
Parish Actvites
Maintenance of Services
General Parish Expenses
Church Property
Maintenance of Churches
Maintenance of other property
Exceptonal expenditure
Grants and Financial Support
Parish
Home/World
Other Resources Expended
Capital payments
Costs of Money Raising
Total Resources Expended/Payments
Net Movements in Funds
Balance Brought Forward
01 January
Balance Carried Forward
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|
Page 5
## Parish of Morriston
Statement of Assets and Liabilites as at 31 December
|Cash Funds
Cash Balances
Bank Current Accounts
Bank Deposit Accounts
Other Monetary Assets
Investment Assets
Term Deposits
Quoted Investments
Other
Liabilites
Unpaid items
2
Total Assets
Represented By
Accumulated Fund at 1 January
Surplus/-Defcit for the year
Designated for Fabric Repairs|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
Page 6
## 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.
Page 7
## 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.
Page 1
## 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.
Page 2
## 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
Page 4