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← The Garth Ministry Area

2023-12-31-accounts

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Registered Charity Number: 1132144

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Contents: Page
Trustees Report 2
Independent Examiners Report 21
Statement of Financial Activities 22
Balance Sheet 23
Notes to the Financial Statements 24

1

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Structure and governance

The Benefice of The Garth Ministry Area is situated in the communities of Capel Llaniltern, Creigiau, Danescourt, Groes Faen, Pentyrch, Radyr, St Fagans, Taffs Well and Tongwynlais, all situated in or to the North and North West of Cardiff.

The Ministry Area is within the Deanery of Cardiff, part of the Diocese of Llandaff and within the Church in Wales.

The dedication of the Ministry Area for the year under review and their locations are: The dedication of the Ministry Area for the year under review and their locations are:
Christ Church Radyr, Cardiff
Creigiau Church Hall Creigiau
St Catwg Pentyrch
St David Groes Faen
St Ellteyrn Capel Llanilltern
St John Baptist Danescourt, Cardiff
St James Taffs Well
St Mary St Fagans
St Michael Tongwynlais

It was the responsibility of both the Ministry Area Council (“MAC”) and the Incumbents to work together and co-operate in all matters of concern and importance to the Ministry Area for the promotion of the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The appointed clergy are:
Reverend SG Willson Ministry Area Leader, retired 31 October 2023
Reverend SH Birdsall Vicar and Ministry Area leader from 14 December 2023
Reverend II Yemm Vicar Resigned 31 December 2023
Reverend R Coombs Vicar
Reverend BJ Huxtable-Goy Curate

The principal address of the charity:

Independent Examiner:

Bankers:

2

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

The trustees, who are also members of the Ministry Area Council (“MAC”), during the financial year were as follows.

Name Position Date of appointment or
resignation
Reverend Steve Willson Vicar and Ministry Area Retired 31 October 2023
Leader
Reverend Sandra Birdsall Vicar and Ministry Area Appointed as Ministry Area
Leader leader 1 November 2023
Reverend Ruth Coombs Vicar
Reverend Belinda Curate Resigned 31 March 2024
Huxtable-Goy
Reverend Ian Yemm Vicar Resigned 31 December 2023
John Kiff Ministry Area Lay Chair
Andrew Dodd Ministry Area Warden Retired 24 June 2023
Paul Marshall Ministry Area Warden
Margaret Jones Ministry Area Secretary Stood down as Secretary in 2023
Michael Gill Ministry Area Treasurer
Amanda Russell-Jones Elected Member
Michael Edwards Elected Member
Rosalind James Elected Member
Geoffrey Moses Elected Member
Paul Owens Elected Member
Ruth Davies Ministry Area Warden Appointed 24 June 2023

The charity is an unincorporated entity but is registered with the Charity Commission for England & Wales, registered number 1132144.

The charity is governed by the Constitution of the Church In Wales adopted on 31 March 2020.

The charity is under the control of the Trustees who meet periodically under the title of a “Ministry Area Council (“MAC”)” which held five meetings during the year under review.

The principal role of the MAC is to provide a strategic overview of the charity with day to day management being delegated to nominated individuals for Ministry Area matters or a group of church members for the maintenance of services and buildings for each church or hall. Reports from individual officers and church wardens on behalf of each church are given later in this document.

During the year, the MAC approved the creation of an Executive Committee comprising the clergy, Ministry Area Wardens and Ministry Area Treasurer. The Committee is authorised to meet in-between full MAC meetings to deal with matters arising on a timely basis.

3

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

MAC Vision and Strategy

The MAC has the following 10 year Vision and Strategy which it is now implementing.

Background / Issue:

Our ‘Big Gaps’ (as an MA)

1) Not growing in existing communities and

2) Not present in our new communities (Plasdwr etc.)

Our Overall Vision (where we want to get to / what we want to ‘look like’ as a MA)

We are flourishing, active in all our communities, and confident about using our words and actions to share the love of God to all.

Root Causes of our Gaps (things that we can address to close our gaps)

Our Key Strategic Actions

No Root
Cause
Letter		 Key Strategic Actions
Aim for ‘Belongingbefore Believing’ in each		 Who will Lead
1. E Establish a welcoming Christian presence, worship & activity
inthenewcommunitiesintheMA		 Rev. TBA 1 &
Amanda Russell-J
2. A,
B, C		 Establish friendly, accessible worship and activities that
appeal to all generations, young families and children – with
follow-up		 Ruth Davies and
Rev TBA 1
3. C, D Communicate what we do and why we do it and our own
faith stories, meaningfully – online, in our buildings and via
activities and services		 Ros James and
Rev TBA 2
4. D, F Grow each of our abilities to articulate our faith effectively to
others (Telling the Joyful Story)		 Rev TBA 2 and
John Kiff
5 C,
E, F		 Grow and develop new leaders to collaborate with the
clergy, and engagingallour people in havinga rolein the
life ofthe churchandinachieving our Vision		 Rev. Sandra
Birdsall and Geoff
Moses
6 E Be always active in campaigning and acting against
injustice. Take action to continually reduce the impact of our
buildings and activities on creation		 Rev Ruth Coombs
and Rev Sandra
Birdsall

4

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Safeguarding Officer’s Report

Safeguarding is Everyone’s Responsibility

The Church in Wales aims to create and maintain an organisational culture that reflects the importance of safeguarding. The welfare of children and adults at risk is paramount and takes precedence over all other considerations.

Just as Jesus is the ultimate refuge and place of safety, as His representative on earth we are called to ‘embody’ Him. Safeguarding is part of our core faith and an integral feature of Christian life in our churches across the Garth Ministry Area.

Safeguarding means preventing harm to children and adults at risk by protecting them from abuse or neglect. The Church in Wales is committed to safeguarding as an integral part of its life, mission and ministry. Within the Garth Ministry Area we uphold the Church in Wales aims to:

To make the policies and procedures more accessible to all members of the church community, the Church in Wales has reviewed and updated all of them and made them available for everyone on the Church in Wales website.

https://www.churchinwales.org.uk/en/clergy-and-members/safeguarding/

As a Ministry Area we have formally adopted this policy and its associated procedures.

In the Garth Ministry Area we use the Church in Wales secure dashboard, My Church People, to support the Ministry Area in maintaining accurate records about those who work or volunteer across our churches. It is used to manage the DBS process, records completed training and triggers reminders when checks or additional training is required.

The data below identifies our current position.

DBS Checks Training Module A Module B Module C
People entered onto
My Church People		 69 Training
Completed:		 47 45 9
Valid DBS checks 43 Training
Required		 22 24 5
Ongoing DBS
checks		 15 % Trained 68% 65% 64%

We promote the completion of safeguarding training for all within our churches. This includes the Church in Wales ‘Core Learning Pathways’ which provide a range of safeguarding learning developed to build knowledge according to role and responsibility. Additional learning modules have been developed to enhance safeguarding knowledge on particular subject areas, or for specific roles, and these are undertaken where required. Work will continue to ensure that all those who require training for their voluntary roles within our churches complete the required modules as swiftly as possible.

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Digital Communications Team Report

The Digital Communications Team (“DCT”) has now been running since August 2022. During 2023, The Garth Ministry Area (TGMA) launched its Strategy and as a result created a series of Focus Groups to take the Strategy forward. The group focussing on Communications is called Garth Connect. As DCT was already set up, both groups have been merged, as this was seen as the most efficient way to deliver for the Ministry Area (MA). DCT/Garth Connect meet monthly and have delivered many products for TGMA over the past 12 months. Highlights of the deliverables are provided below:

1. New Ministry Area Website

A new MA website was launched in August 2023 and can be found here. The launch was successful with key people being trained to update the site. The site contains a specific page for each of the eight churches and three halls, along with news and much more. The website is a product of the excellent collaboration which is taking place across the MA.

Progress to date – we have three website administrators who populate the pages with up-coming events and news articles. There is still work to be done to change peoples’ mindsets to think “electronic” messaging rather than “paper”, but we’ve made headway into this and there is much support for the work that is being done.

2. Secure Storage Facility

Our Clergy have been trained in the secure storage and are using the facility, finding benefits in data sharing and reductions in data duplication. It has been set up to enable the Clergy to share information in carrying out their day-to-day tasks and when going on leave. When appointed, two new Clergy will also undergo the training. Church Wardens, Magazine/Newspaper Editors etc tend to utilise the hard drives on their PCs to store information relating to their church and the MA. A considerable amount of analysis work has been carried out on the data held and the people who use it. It is planned that data is migrated onto the secure storage, where it can be shared where appropriate. This will enable further collaboration across our MA.

Progress to date – our Windows based solution has the appropriate folders created ready for population. The DCT team are setting up a series of workshops to go through such features as logging in, storing and sharing data etc., and documenting those activities to create a User Guide. Once complete, the guides will form the basis of our training package which will be rolled out across the MA via carefully planned workshops. This will give people the opportunity to try out the guides in a real environment, and for the DCT team to resolve any issues encountered.

3. Branding

In 2023, it was recognised that there was a need for people to identify the Garth Ministry Area and its media, be it online or in paper format, and that branding is key to this. In 2023, several sample logos were created for discussion and the DCT team agreed the one they thought would be most appropriate (based on the brief given by the MA Leader). The logo was then put before the Ministry Area Council (“MAC”) for approval. The logo was duly approved, and some additional 25 logos were created in greyscale and colour, for all possible uses. To ensure that they were used correctly, a Style guide was produced and circulated around the MA. The logos are now in regular use. Additional logos have been produced for our informal All Age Services and Safeguarding, and we continue to expand and use these techniques in our marketing.

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

4. Social Media

We now have Ministry Area Facebook and ‘X’ accounts and they are used regularly to reach people are not aware of our website. Social media is heavily used in publicising our Messy Church events.

5. Stakeholder Engagement & Communications

Following a Garth Connect meeting with a top Cardiff Publicist, we will be taking on board some of the ideas he suggested. We have produced a detailed Stakeholder List and Power/Impact Matrix and will utilise this to create a Stakeholder and Communications Engagement Strategy which will include a plan.

Progress to date – the Stakeholder and Communications Engagement Strategy in production and it is planned that it be submitted to MAC in the September meeting.

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Objectives and Activities

The principal objective of the charity is the promotion of the mission of the church, pastoral, evangelistic, social and ecumenical in the Ministry Area. Individual Church Reports detailing the activities undertaken in respect of the above are as follows:

Christ Church Radyr

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

3. Plans for the Coming Year

We will endeavour to build on everything we have done this year.

Warden Name: Rubina Davison Date: 5[th] June 2024

St Catwg’s Church, Pentyrch.

1. Activities Progressing the Vision and Strategy

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Social Activities in the Community

3. Plans for the Coming Year

Warden Name: Gill Stevens Date:23[rd] May 2024

St David’s, Groesfaen

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

3. Plans for the Coming Year

Warden Name: Andrew Heylin / Mary Davies

Date: 30[th] May 2024

St Ellteyrn’s, Capel Llanilltern

1. Activities Progressing the Vision and Strategy.

2. Social Activities in the Community

3. Plans for the Coming Year

Warden Name: Linda Davies Date:29[th] May 2024

St John’s Church Danescourt

1.Activities Progressing the Vision and Strategy

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Social activities in the Community

We show our faith in action through:

3. Plans for the Coming Year

Warden Name: Cheryl Evans Date: 5[th] June 2024

St Mary’s Church, St Fagans

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

3. Plans for the Coming Year

11

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Warden Name: Phil Watkins Date: 20[th] May 2024

St. Mary & St James, Taffs Well

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

3. Plans for the Coming Year

Warden Name: Jayne Smith Date: 6[th] June 2024

St Michael and All Angels, Tongwynlais

1. Activities Progressing the Vision and Strategy

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. Social Activities in the Community

3. Plans for the Coming Year

Warden Name: Gaynor Edwards Date: May 30th 2024

Creigiau Church Hall

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

3. Plans for the Coming Year

Booking Secretary: Mary Davies Date: 27[th] May 2024

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Christ Church New School Rooms, Radyr

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

3. Plans for the Coming Year

Booking Secretary: Nicky Webber

Date: 12[th] June 2024

St. John’s Church Hall, Danescourt

1. Activities Progressing the Vision and Strategy

2. Social Activities in the Community

14

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

3. Plans for the Coming Year

Booking Secretary:

Malcolm May

Date: 12[th] June 2024

Public Benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning future activities. The benefit to the public is a feeling of spiritual stability and freedom within the Ministry Area for the benefit of all God's people. This is exercised through:

The activities take place in both the churches and church halls within the Ministry Area.

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Local Church Building Team

Responsibility for looking after the property portfolio of the Ministry Areas lies with the individual churches and includes day to day matters to keep the buildings warm, welcoming and safe.

Expenditure was significantly less in 2023 compared with 2022 in the absence of any major projects. The most significant items of expense were:

There are a large volume of routine transactions on energy, annual or other frequency of tests on equipment, cleaning and ad-hoc repairs and thanks must be given to the church representatives and their treasurers in dealing with these matters.

Looking ahead to 2024, there have been a number of property issues arising which either have been dealt with or there are plans in hand to deal with. The expectation is for expenditure on properties to exceed that in 2023.

In addition, initial studies are being made into the reordering of one building to improve its flexibility of use and the major refurbishment of another building to make it suitable for use by third parties. Both projects are at early stages and there is no guarantee they will proceed.

Also subsequent to the year-end and under the terms of the Ministry Area Structure Document, a formal Buildings Team is proposed to encourage sharing of information regarding maintenance and property care amongst those responsible for looking after the Ministry Area properties.

My appreciation is expressed to the church members who have cared for the physical condition of their church buildings in a competent and timely manner.

Michael Gill Ministry Area Treasurer

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Financial Review

Background

This is the second set of consolidated accounts for the MA following its creation on 1 January 2022 and accordingly the results for the year are comparable with the previous year.

Both the year under review and the previous year were free from Covid-19 restrictions and thus there were normal activity levels in the churches and halls.

The Finance Team

My appreciation is expressed to the Church treasurers and Gift Aid secretaries who served during 2023 for their continued commitment to looking after the financial affairs of their churches in a competent and timely manner.

Accounting system

This was the second full year of using the special church and charity accounting software as required by the Diocese. The treasurers’ team is becoming more familiar with its requirements and is allowing the preparation of up to date financial information in a structured manner that was not previously possible under manual systems.

Banking arrangements

There are 8 current accounts operated by church treasurers. The Ministry Area is slowly moving its current accounts to be with Co-operative Bank to take advantage of dual online payment authorisation.

There were no changes in the deposit account arrangements with Epworth Investment Management. The funds are held in instant access accounts and benefit from attractive interest rates.

Financial Results - Summary

The overall result for the year is a loss of £2.3k, split as follows:

Financial Results – General Fund income

The following comments are considered relevant:

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THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Financial Results – General Fund expenditure

The following comments are considered relevant:

Overall the expectation is that total expenditure will increase in 2024 but it is too early to predict the amount. This is due to a number of factors potentially outside of the control of the Ministry Area.

Reserves and bank balances

Despite the small loss for the year, the MA had aggregate current and deposit account balances of £349k (2022 £370k). Although there is no formal policy regarding the holding of cash, as the closing readily available bank balances are equivalent to approx 13 months expenditure on the unrestricted reserves account, it is considered that the charity has adequate reserves to continue in operation for the foreseeable future.

Long term investments

The MA had aggregate long term investments with the Church in Wales of £208k (2022 £197k) at the year-end, this value reflecting a increase in value of approx 5% compared to their 2022 year end value. The investments are held for a combination of restricted and general funds with the probability that they would be cashed in for the purposes of acquiring additional property for use by the Ministry Area or major work, whether repair, renovation or re-ordering of existing buildings.

18

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

The MA owns a residential investment property, located within the Ministry Area, which is let to a unrelated third party and is managed by a third party letting agent. The property was originally purchased for use as clergy accommodation within a former parish. It continues to be held either as a source of income or future use by Ministry Area clergy.

The future

If the MA is to reach a breakeven position, then as costs are mainly fixed or increasing, income must rise; specifically more people giving more regularly in a tax efficient manner.

19

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Statement of Trustees' Responsibilities

Financial statements are required to be prepared for each financial year which give a true and fair view of its state of affairs at the balance sheet date and of the income and expenditure for the year then ended. These financial statements are required to be examined by independent accountants and copies made available to parishioners. In preparing these financial statements the trustees will have due regard to:

The trustees, who are also members of the Ministry Area Council are responsible also for keeping proper accounting records which disclose with reasonable accuracy the financial position of the Garth Ministry Area and for safeguarding its assets.

The above report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities.

Approved by The Ministry Area Council on 19 June.2024 and signed on its behalf by:

.

Reverend S H Birdsall Ministry Area Leader

20

THE GARTH MINISTRY AREA REGISTERED CHARITY NUMBER: 1132144

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GARTH MINISTRY AREA

I report on the accounts of the charity for the year ended 31 December 2023 which are set out on pages 22 to 27.

Respective Responsibilities of Trustees and Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of The Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's Report

My examination was carried out in accordance with the general Directions given by The Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

have not been met; or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signature:....................................................................... Date: 8 August 2024 Name: Mr Robert Hugh

Qualification: BSc., FCA

21

REGISTERED CHARITY NUMBER: 1132144

THE GARTH MINISTRY AREA

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Unrestricted
Notes
£
INCOMING RESOURCES
Voluntary resources
Direct giving: Planned
107,440
Church collections
25,950
Indirect giving : Tax refunds
31,379
Activities for generating funds
Fees
10,751
Fund raising
19,665
Special collections
1,762
Miscellaneous income
11,190
Church Hall and other property income
42,806
Donations and legacies
12,676
Investment income
Interest received
12,564
Common Investment Fund
3,492
Other incoming resources
Grants from DBF
2,159
Ministry Area rebate
18,436
Total Incoming resources
300,270
Outgoing resources expended for the promotion
of the mission of the Church in the Parish
Maintenance of Ministry
4
184,365
Parochial expenses of Clerics
11,934
Maintenance of services
15,953
General church expenses
5
7,998
Maintenance of Churches
53,190
Maintenance of halls and other property
29,906
Missions
Home
6a
3,858
World
6b
2,669
Costs of fund raising
4,082
Total Outgoing resources
313,954
Net incoming/(outgoing)
resources before transfers
(13,684)
Transfer between funds
2,102
Unrealised gains/(losses) on revaluation of:
Investments
6,282
Investment property
Net increase/(decrease) in funds
(5,300)
854,662
849,362
Fund balances introduced on
creation of Ministry Area at 1
January 2022
Fund balances brought forward at
1st January
Fund balances carried forward
at 31 December		 Designated
Funds
£
735
735
7,538
7,538
(6,803)
(2,102)
1,641
(7,263)
61,382
54,119		 Restricted
Funds
£
12,491
308
10,000
1,134
23,933
(143)
3,136
2,809
5,802
18,131
3,041
21,172
310,603
331,775		 Endowment
Funds
£
0
0
0
0
0
0		 This Year
Total
£
107,440
25,950
31,379
10,751
19,665
1,762
23,681
43,114
22,676
12,564
5,361
2,159
18,436
324,939
184,365
11,934
15,953
7,998
60,586
33,041
6,667
2,669
4,082
327,294
(2,355)
0
10,964
0
8,609
1,226,647
0
1,235,256		 Last Year
Total
£
107,422
26,434
35,226
18,251
18,238
110
4,822
33,160
13,309
2,344
3,352
27,805
11,448
301,923
174,092
6,602
19,666
11,246
94,292
37,327
8,600
6,134
2,757
360,716
(58,794)
0
(23,055)
175,000
93,151
598,847
534,649
54,119 331,775 0 1,235,256 1,226,647

Page 22

The notes on pages 23 to 26 form part of the accounts

THE GARTH MINISTRY AREA

REGISTERED CHARITY NUMBER: 1132144

BALANCE SHEET AT 31 DECEMBER 2023

Notes
Fixed assets
Tangible assets
7
Investments
8
Total of Fixed Assets
Current assets
Debtors
9
Cash at bank & in hand
Creditors falling due within one year
10
Net Current Assets
Total assets less current liabilities
TOTAL NET ASSETS
12
Income funds
Unrestricted: Ordinary
13
Designated
13
Restricted
13
Revaluation reserve
11
TOTAL FUNDS		 This Year
£
245,915
617,947		 This Year
£
245,915
617,947		 Last Year
£
246,265
606,635
863,862 852,900
33,199
349,107
382,306
10,912		 31,419
371,368
402,787
29,040
371,394 373,747
1,235,256 1,226,647
1,235,256 1,226,647
849,362
54,119
331,775
0		 854,662
61,382
310,603
0
1,235,256 1,226,647

Approved by The Ministry Area Council on 19 June 2024

and signed on its behalf by:

............................................ Reverend SH Birdsall (Ministry Area Leader)

.............................................. Mr M Gill (Ministry Area Treasurer)

Page 23

The notes on pages 23 to 26 form part of the accounts

THE GARTH MINISTRY AREA

REGISTERED CHARITY NUMBER : 1132144

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

1. Accounting Policies

The Financial Statements have been prepared in accordance with applicable United Kingdom accounting standards, the “Statement of Recommended Practice” issued by the Charity Commissioners and the Church in Wales Accounting Regulations.

The historical cost convention is used as modified to include the revaluation of investments. The accruals basis of accounting has been adopted.

The principal accounting policies are applied consistently.

a. Fixed assets

Freehold property: 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 Ministry Area. Moveable Church contents require a faculty for disposal so are considered to be inalienable property and are not valued, nor recognised on the Balance Sheet. Expenditure incurred on Churches (including contents), Churchyards and Vicarages is written off when incurred.

Other freehold land and buildings are held in trust for the Ministry Area by either the Representative Body or the Llandaff Diocesan Board of Finance

The basis for valuation of other freehold land and buildings is :

Church Halls are stated at cost

Freehold property not used for church purposes is stated at valuation No provision for depreciation of land and buildings is made.

Routine additions and replacements to Church Hall contents are charged to current expenditure.

b. Funds

Unrestricted funds: are general funds which can be used for ordinary purposes. Designated funds: are funds which have been set aside for specific purposes but which can be returned to the general fund at any time if the trustees so decide.

Restricted funds: represent income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.

c. Incoming resources:

these are all accounted for gross.

Planned giving, collections and donations are recognised when received. Indirect giving: Tax refunds are recognised as soon as the amounts are claimable. Grants and Legacies are accounted for when the Ministry Area is legally entitled to the amounts due. Investment income: Dividends are accounted for when receivable; interest and tax recoverable are accrued. Where the Ministry Area 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.

d. Outgoing resources

Ministry Area Fair share is paid in periodic instalments and is included in expenditure for the year to which it relates. All other expenditure is generally recognised when it is incurred.

e. Investments

Investments are stated at valuation as advised by the Church in Wales.

2. Fees for Financial Statements Examination This Year Last Year £ £ Independent examiner's fees for reporting on the Financial Statements 1,400 2,400

2. Fees for Financial Statements Examination

3. Number of employees.

There are four paid employees. No payments were made to MAC members.

4 Maintenance of ministry:
Diocesan Fair Share
Other expenses		 Unrestricted
£
184,365
184,365		 Designated
£
-		 Restricted
£
-		 This Year
£
184,365
0
0
184,365		 Last Year
£
171,596
2,496
0
184,365 - - 184,365 174,092

Page 24

The notes on pages 24 to 27 form part of the Financial Statements

THE GARTH MINISTRY AREA

REGISTERED CHARITY NUMBER : 1132144

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

(continued)

Unrestricted
£
5 General Parish Expenses:
Examiner's fees
1,400
Payroll and other professional fess
450
Bank charges and interest paid
231
Depreciation
350
Printing postage and stationery
1,929
Office and general expenditure
1,563
Retirement and leaving gifts
2,075
7,998
6a Payments to Ministary Area missions:
Children and young people activity costs
1,677
Cost of church publications
1,794
Other mission work
387
Syrian Refugees: 1 Family Cardiff
3,858
6b Missions and Grants Home/World
UK Charities
1,623
International mission and projects
1,046
2,669
Total Missions
6,527
7 Tangible Fixed Assets
Cost or valuation:
Balance 1st January
2023
Additions
Reclassification
Revaluation
Disposals
Balance 31 December 2023
Accumulated depreciation Balance 1st January
2023
On disposals
Charge for the year
Eliminated on disposals
Accumulated depreciation Balance 31 December 2023
Net book value:
Balance 31 December 2023
Balance 31 December 2022		 Designated
£
-
-
-
0
Freehold
property
£
245,914
245,914
0
0
245,914
245,914		 Restricted
£
-
2,809
2,809
-
2,809
Fixtures &
fittings
£
2,214
2,214
1,863
350
2,213
1
351		 This Year
£
1,400
450
231
350
1,929
1,563
2,075
7,998
1,677
1,794
387
2,809
6,667
1,623
1,046
2,669
9,336
This Year
£
248,128
0
0
0
0
248,128
1,863
0
350
0
2,213
245,915
246,265		 Last Year
£
2,400
1,468
112
350
2,425
4,491
-
11,246
466
1,743
700
5,691
8,600
3,830
2,304
6,134
14,734
Last Year
£
483,128
0
(235,000)
0
0
248,128
1,513
0
350
0
1,863
246,265
481,615

Freehold Property at 31 December 2023 comprises church halls at cost.

Page 25

The notes on pages 24 to 27 form part of the Financial Statements

REGISTERED CHARITY NUMBER : 1132144

(continued)

THE GARTH MINISTRY AREA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

8 Investments
At valuation:
Balance 1 January 2023
Reclassification
Additions
Unrealised gain on revaluation of investments
Balance 31 December 2023
Investment Properties comprise
Residential Investment Property
Agricultural land
Fund balances introduced on creation of Ministry Area at 1
January 2022		 Investment
Properties
Other
investmemts
This Year
£
£
£
410,000
196,635
606,635
0
0
348
348
10,964
10,964
410,000
207,947
617,947
At valuation
235,000
175,000
410,000		 Last Year
£
58,972
160,718
235,000
0
151,945
606,635

The maket value of the residential investment property has been assessed by the Trustees following the. receipt of independant advice.

Investment properties are held by The Representative Body of the Church in Wales on behalf of The Garth Ministry Area.

Other Investments represents shares in the Common Investment Fund held by The Representative Body of the Church in Wales on behalf of The Garth Ministry Area.

9 Debtors
Income tax recoverable
Diocesan Fair Share Rebate
Other debtors and prepayments
10 Creditors falling due within one year
Other creditors and accrued expenses
11 Revaluation reserve
At 31st December 2022
Transfer to unrestricted fund
Arising from revaluation of investment property
At 31st December 2023		 13,433
4,609
15,157
33,199
10,912
10,912
0
0
0
0		 11,606
13,401
6,412
31,419
29,040
29,040
149,500
(149,500)
0
0
12
Analysis of Net
Assets by Fund
Tangible assets
Investments
Debtors
Creditors amounts falling due within one year
Tangible assets
Investments
Debtors
Creditors amounts falling due within one year
At 31 December 2023
At 31 December 2022
Cash at Bank and in Hand
Cash at Bank and in Hand		 Unrestricted
Designated
Restricted
This Year
£
£
£
£
245,915
245,915
354,001
31,059
232,887
617,947
20,511
12,688
33,199
239,847
10,372
98,888
349,107
860,274
54,119
331,775
1,246,168
(10,912)
(10,912)
849,362
54,119
331,775
1,235,256
Unrestricted
Designated
Restricted
Last Year
£
£
£
£
246,265
246,265
347,716
29,418
229,501
606,635
31,419
31,419
255,480
32,563
83,325
371,368
880,880
61,981
312,826
1,255,687
(26,217)
(599)
(2,224)
(29,040)
854,663
61,382
310,602
1,226,647

Page 26

The notes on pages 24 to 27 form part of the Financial Statements

THE GARTH MINISTRY AREA

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023

(continued)

Note 13: Movement in Reserves

Fund balances
brought forward		 Incoming
Resources		 Outgoing
Resources		 Transfers
between
Funds		 Revaluation of
Investments		 Revaluation
of land		 Fund balances
carried forward
31 December 2022 31 December 2023
Church
General unrestricted fund All churches combined 854,662 300,270 (313,954) 2,102 6,282 0 849,362
Designated Funds:
Fabric Repairs Christ Church, Radyr 31,743 735 1,641 34,120
Legacies For Internal Expenditure St Marys, St Fagans 9,564 9,564
Restoration And Heating Fund St Mary and James, Taffs Well 9,639 (7,537) (2,102) (0)
DBF re Sale Of Land St Mary and James, Taffs Well: 10,436 10,436
Sub-total: Designated Funds 61,382 735 (7,537) (2,102) 1,641 0 54,119
Restricted Funds:
1 Family Cardiff (501) 12,491 (2,809) 9,181
Farrance decd Legacy St Catwgs, Pentyrch 10,000 10,000
St Davids Churchyard St David, Groesfaen 8,378 205 459 9,042
COIF St Ellteyrn, Capel Llanilltern 41,870 240 2,290 44,400
Davies Dec'd Legacy St Ellteyrn, Capel Llanilltern 33,938 521 (3,976) 30,483
Land adj to St Ellteryns, Capel Llanillterm St Ellteyrn, Capel Llanilltern 175,000 175,000
GM Jones Dec'd Legacy St John the Baptist, Danescourt 1,460 1,460
Chacel Repair Fund St John the Baptist, Danescourt 345 345
Earl Of Plymouth St Marys, St Fagans 38,698 983 39,681
St Mary's Churchyard Fund - The Forrest Family St Marys, St Fagans 6,223 6,223
The Honorable G Lewis Memorial Fund St Marys, St Fagans 5,535 131 293 5,959
Sub-total: Restricted Funds 310,603 23,933 (5,802) 0 3,041 0 331,775
Total for all funds 1,226,647 324,939 (327,293) 0 10,964 0 1,235,256

Page 27

The notes on pages 24 to 27 form part of the Financial Statements

Page 1