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2023-12-31-accounts

PARISH OF MORRISTON

Parochial Administration information and Annual Accounts

The Parish has been absorbed into the Ministrt Area of Afon Tawe within the Diocese of Swansea and Brecon The aministration is unchanged and the Parish is still a registered Charity No. 1131686 and its correspondence address has moved to 9 Ullswater Crescent Morriston Swansea SA6 7QF until a replacement Vicar is appointed.

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

The accounts presented within this report are for the year ended 31 December 2023

COUNCIL MEMBERS

Following the creation of the Ministry Area the following members were appointed to represent the Parish

Incumbent Rev Canon HM Lervy resigned 11 February 2024

Vicar's Warden Mrs Margaret Jones

People's Warden Mr F Hollamby

Other members

Mrs G Demery Acting Secretary Mr G Lewis Treasurer Mrs LG Lewis Ministry Area Representative Mr W K Lewis Safeguarding Officer

Members are appointed in accordance with the Constitution of The Church in Wales and serve from the date of the annual churcg meeting to the conclusion of the meeting for the following year. The meeting for 2022 was held on 16 April 2023

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PARISH OF MORRISTON

Objectives and activities

The promotion of the whole mission of the Church, pastoral, evangelical, social and ecumenical in the Ministry Area of Afon Tawe.

Achievements and performance This year Last Year
Electoral Roll members 138 144
Easter communicants 128 109
Regular contributing members 94 98

Statement of Trustees Responsibilities

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

Review of the Year

During the year the Parish became a part on the Ministry Area of Afon Tawe which for administrative purposes replaced the previous Area Deanery. This change will to some degree affect our internal reporting structure within the Diocese and the Provincial returns required to comply with the Constitution.

Financial Review

We had a total deficit for the year of £1226 compared to a surplus in 2022 of £6478. This arise from a defict on general fund caused by exceptional payments on repairs to the church building.

Our direct giving has stagnated in the year and needs to be addressed as we will be faced with increasing costs from the Diocese in future years. We may also see increases in our utility charges as we come to the end of our long term agreements for supply.

Future Plans

There will be a quinquennial inspection of the building in 2024 which may cause us to consider significant work to the building although we have had a clean Asbestos survey which did not reveal any concerns.

Reserves Policy

the current level of General Reserves is considered adequate bearing in mind that the Committee has funds designated for work on the fabric of the Church arising from previous legacies.

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Public Benefit

The Committee has considered the guidance issued by the Charity Commission and are satisfied that through the community activities already undertaken and the utilisation of the church property for community use we are providing the necessary level of services for the public benefit.

Advisors

Richard Nedin Independent examiner HSBC

Solicitor

Approved by the Church on 12 May 2024 Margaret Jones Vicar's Warden and protem Chairman. Page 3

Indendent Examiner's Report to the members of the Church

I report on the financial Statements of the Parish for the year ended 31 December 2023 as set out on pages 5 to 7.

Respective responsibilities of the Council Members and Examiner

As the Church Council, you are responsible for preparing the financial statements and consider thet the audit requirementsof Section43(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 Council and a comparison of the Financial Statements presented with those records. It also includes consideration of any unusual items and disclosures in the Financial Statements, and seeking explanations from you as Council members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and cosequently I do not express an audit opinion on the view given by the Financial Statements.

Independent Examiner's statement

In connecti which gives me reasonable cause to believe that in any material respect the requirements to

1 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

to which in my opinion, attention should be drawn in order tio enable a proper understanding of the 2 Financial Statements to be reached.

Independent Examiner

Richard Nedin

1st April 2024

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Parish of Morriston

Statement of Financial Activities at 31 December

Note no
Incoming Resources/Receipts
Planned Giving
1
Voluntary Income
Loose Collections
Donations
For Mission
Tax Refunds
Legacy gifts
Grants
Money Raising
Generated Income
Fees
Investment Income
Other Incoming Resources
Total Incoming Resources/Receipts
Resouces Expended /Payments
Parish Share
Support for Ministry
Parochial Expenses of Clerics
Other
Maintenance of Services
Parish Activities
General Parish Expenses
Maintenance of Churches
Church Property
Maintenance of other property
Exceptional expenditure
Grants and Financial SuppoParish
Home/World
Other Resources Expended Capital payments
Costs of Money Raising
Total Resources Expended/Payments
Net Movements in Funds
01 January
Balance Brought Forward
31 December
Balance Carried Forward
Page 5
General
Funds
Restricted
Funds
Total
2,023
Total
2022
£
45,402
2,249
3,521
0
10,686
3,230
934
1,553
11,351
£
370
4,653
9,537
8,973
£
45,402
2,249
3,891
4,653
10,686
0
9,537
3,230
934
1,553
20,324
£
46,299
2,875
6,622
3,306
9,770
0
2,750
4,095
2,083
25
11,353
78,926 23,532 102,458 89,178
59,000
4,072
260
1,755
1,994
14,354
2,134
500
1,008
396
13,207
277
4,727
59,000
4,072
260
1,755
2,390
14,354
2,134
13,707
277
4,727
0
1,008
57,600
3,429
320
1,046
3,952
10,380
843
712
183
3,207
0
1,028
85,077 18,607 103,684 82,700
-6,151
190,061
4,925
2,266
-1,226
192,327
6,478
185,849
183,910 7,191 191,101 192,327

Parish of Morriston

Statement of Assets and Liabilities as at 31 December

Statement of Assets and Liabilities as at 31 December
Cash Funds
Cash Balances
Bank Current Accounts
Bank Deposit Accounts
Other Monetary Assets
Investment Assets
Term Deposits
Quoted Investments
Other
Liabilities
Unpaid items
2
Total Assets
Represented By
Accumulated Fund at 1 January
Surplus/-Deficit for the year
Designated for Fabric Repairs
General
Funds
Restricted
Funds
Total
2023
Total
2022
£
65,699
113,630
9,000
-3,569
£
3,578
3,613
£
69,277
117,243
9,000
0
-3,569
£
164,836
12,077
19,079
0
-3,665
184,760 7,191 191,951 192,327
114,061
-6,151
76,000
2,266
4,925
116,327
-1,226
76,000
109,849
6,478
76,000
183,910 7,191 191,101 192,327

Approved by the Church Committee on 26th January 2024 and signed on their behalf

Margaret Jones

Chairman

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#

Notes to the Accounts

Accounting 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. Liabilities

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 Remuneration

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

Expenses amounting to £4072(2022-£3429) 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 gifts

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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