CHARITY REGISTRATION NUMBER: 1133596
Rectorial Benefice of Cwmbran Parochial Church Council Unaudited Financial Statements 31 December 2022
JONATHAN RHODES BSC BFP FCA
Walter Hunter & Co Limited Chartered Accountants 24 Bridge Street Newport South Wales NP20 4SF
Rectorial Benefice of Cwmbran Parochial Church Council
Financial Statements
Year ended 31 December 2022
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent examiner's report to the trustees | 9 |
| Statement of financial activities | 10 |
| Statement of financial position | 11 |
| Notes to the financial statements | 12 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 24 |
| Notes to the detailed statement of financial activities | 27 |
Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report
Year ended 31 December 2022
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2022.
Reference and administrative details
Rectorial Benefice of Cwmbran Parochial Church Council
Registered charity name Charity registration number 1133596 Principal office The Rectory Clomendy Road Cwmbran Torfaen NP44 3LS
The trustees
Edward Gareth Atwell Susan Atwell Malcolm Paul Austin Elizabeth Bowen Ronnie Burnett Rev’d Freida Mary Ann Evans Janice Claire Evans Valerie Hazel Evans Dr Howard Francis Fortescue Rev’d Sue Hobbs Honor Mary Hollister Jennifer Hood Stephen P Jenkins Ceri-Ann Jones Edmund Ivan Jones Keiron Jason Jones Rev’d Elizabeth Kerl Thelma Mary McDougall Helen Neat Susan Elizabeth Ann Newbury Amanda Page Rev’d Karin Pardoe Mary Ann Parish
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Rev’d Nicholas Charles Perry Tomos John Povey Elaine Pressley Malcolm Pressley Gary Probert Stephen Shand Therese Smith Beryl Rhiannon Walding
The following trustees from All Saints Church Llanfrechfa were officially co-opted into the reorganised charity in January 2023
Milica Ferran (Appointed 24 August 2022) William Alan Wright (Appointed 24 August 2022) Neil Preece (Appointed 24 August 2022) Jonathan Adam Kerl (Appointed 24 August 2022) Brenda Jones (Appointed 24 August 2022) Joe Chesterman (Appointed 24 August 2022)
Independent examiner
Mr Jonathan Rhodes BSc BFP FCA Walter Hunter & Co Limited Chartered Accountants 24 Bridge Street Newport South Wales NP20 4SF
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Structure, governance and management
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The Rectorial Benefice of Cwmbran is a grouping of six churches in the Deanery of Pontypool, part of the Diocese of Monmouth in the Anglican province of the Church in Wales. It comprises of the Holy Trinity Pontnewydd, St Gabriel Cwmbran, St Mary Croesyceiliog, St Michael and All Angels Llantarnam, St Peter Henllys and the Worship Centre Henllys.
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The Representative Body of the Church in Wales holds the land and property of the Church in Wales, they are an exempt Charity set up under Section 13(2) of the Welsh Churches Act 1914. They act on behalf of the province in paying the stipends of the full-time clergy and administering the Church in Wales' scheme of gift aid.
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The Ministry Area Council act as Parochial Church Council and Charity Trustees for the entire Ministry Area. It is not a body corporate, and its composition, procedure and powers are regulated by the Constitution of the Church in Wales. Trustees are elected annually; the Coronavirus pandemic prohibited trustees meeting in person for most of 2021 but decisions were made by electronic consultation.
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The clergy team consists of the ministry area leader (Rev'd Nick Perry); a stipendiary Team Vicar (Rev'd Elizabeth Kerl); two non-stipendiary priests (Rev Sue Hobbs and Rev Karin Pardoe); a non-stipendiary curate (2021) (Rev'd Karin Pardoe); two Licensed Lay Ministers (Susan Atwell LLM and Terrie Smith LLM}.
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The Ministry Area is also supported by Rev'd Canons Brian Pippen and Harald Thomas OBE, who have Permission to Officiate in the Diocese of Monmouth and live within the Ministry Area.
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The Ministry Area Treasurer is Mr E. Ivan Jones. The Ministry Area Secretary is Mrs Ceri-Ann Jones. The Benefice Wardens are Mrs Val Evans (Rector's Warden) and Mr Keiron Jones (People's Warden)
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During the latter part of 2021 the Diocese of Monmouth announced plans to merge the existing Rectorial Benefice of Cwmbran with All Saints Llanfrechfa. This is expected to take place during the 2022 to early 2023. When this happens, the Ministry Area will also benefit from the ministries of Rev'd Captain Sister Wendy Tayler (Church Army) and Kenneth Jacob LLM.
Summary
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The Coronavirus pandemic has had a significant impact upon the benefice, but there are encouraging signs of recovery during 2022.
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The pandemic has continued to have an impact upon the finances of the charity. One of the most significant out-goings of the Ministry Area is the payment of the Parish Share to the Province of the Church in Wales and is a major burden to local congregations. During the Pandemic, Representative Body of the Church in Wales endeavoured to support local parishes with a grant for six quarters of Share payments. During 2022 the Charity benefited from a small grant from the Ministry Area Support Fund, which ends in December 2022. This, and the generosity of the congregations within the Ministry Area, enabled us to meet all our financial obligations.
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A Decision made at the Monmouth Diocesan Conference in October 2021; this resulted in our Share payments being fixed at pre-pandemic levels, which means that congregations through Covid have had to make up the shortfall.
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The Cost of Living is presenting the Charity with new challenges.
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Throughout 2022 the Churches have endeavoured to overcome the restrictions of the Pandemic.
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The Ministry Area will Merge with the Parish of All Saints Llanfrechfa to form a new Ministry Area.
The Rectorial Benefice of Cwmbran Ministry Area is a registered Charity whose purposes are exclusively for the public benefit.
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Objectives and activities
The Main objectives of the Ministry Area continue to be:
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The provision of services of worship, bibles, studies, prayer meetings.
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The provision of Occasional services including weddings, Baptisms and funerals
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Pastoral care to those within the Ministry Area who have need
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The promotion of the Christian Gospel as interpreted by the Anglican Church.
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Active participation in the community and the continued development of civic links
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The maintenance and development of activities in the Church School and, where possible, in other schools.
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Participation in Charitable events and other causes consistent with the teachings of the Anglican Church.
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Funding and implementing maintenance and repairs to Church Buildings and Churchyards.
In Addition to the above, the Ministry Area will be expanding to include All Saints Llanfrechfa during the period of 2022-3. The Church is financially viable and additionally will bring with it the ministry of a Stipendiary Priest and a Licenced Lay Reader.
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Achievements summary
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Despite the Pandemic, services continued through the period of 2021, as 2022 unfolded, it was clear that the Pandemic would continue to have an impact upon the life of the Benefice. During the Pandemic most of the Churches experienced losses in the congregation, either through Covid or the usual means. Members did not return quickly to worship and throughout the Benefice, the Membership remained cautious.
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However, Funerals maintained at a high level throughout 2022. Weddings cancelled during the Pandemic and rescheduled for 2022 - 2025 continue. Happily, further Weddings and Wedding Blessing were arranged for 2022 and for the period 2023 - 2025. Most Baptisms that had been booked for 2021 were rebooked for 2022. Baptisms continue to be constant. Funerals normally held in the Church had decreased dramatically, but during 2022 show healthy signs of recovery.
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Post Pandemic, the Benefice made the decision to continue with holding Morning Prayer on the first Sunday of the Month, which has proven popular in most Churches. Where it proved less popular, non-Eucharistic forms were employed.
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The absence of Fund-raising during the Pandemic has now been restored, and most of the Churches have engaged in some form of Fundraising in 2022, and this is something the Churches will need to continually work towards.
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While 2021 saw our Church halls emptied, 2022 has seen a general recovery, and some halls are now fully recovered or exceeding pre-Pandemic use.
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The Ministry Area actively supports Henllys Church in Wales Primary School. The Rev Elizabeth Kerl has made a significant impact in the school taking regular assemblies, Bible Study, Services and so on. The school's Governors are predominantly Church Members. Rev'd Kerl continues to be chair. Rev'd Nick Perry stepped down as Vice Chair in 2022, but continues Ex Officio.
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Schools throughout the Ministry area that are not Church Schools are still visited by clergy. There are number of Schools in the area who are not happy to engage with the Church, but those who are have an excellent relationship with us.
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Fewer restrictions existed in 2022 for clergy to visit Hospitals and Sheltered Accommodation. Some restrictions continued through 2022 and, from time-to-time various temporary arrangements have been put into place. Where clergy have been unable to visit, Chaplaincies have used to contact and care for those known to us. Similarly, the Pastoral Team has now resumed their work with households and Sheltered Accommodation.
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The ministry Area has continued to support Charitable causes among which are Ravenhouse, Croesyceiliog and Llantarnam foodbanks, Mission to Seafarers, Leprosy Mission, the Archbishop's fund for Children and others.
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2022 has seen a recovery, not only in fundraising, but in community engagement too. Throughout the benefice, Churches are trying to explore new ways in which a nexus between Church and Community can be forged and enhanced. Consequently, during 2022 Churches have established the following activities:
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Coffee and Craft
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Tea and Toast
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Warm Hubs
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Chocolate Church
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Funky Fridays
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Social events
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During 2022, midweek services and also prayer meetings, bible studies, occasional offices, guilds and church societies have resumed.
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In late June, the Rector had an accident and was incapacitated for six months. During his absence, all services were covered, creating the New Ministry Area continued with the help of the Archdeacon of the Gwent Valleys, Venerable Stella Bailey. General oversight of the parish was continued by the Area Dean, Rev'd Mark Owen. The Benefice Clergy were supported during this period by several retired priests with permission to officiate, from around the Diocese.
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The process of merging the Rectorial Benefice of Cwmbran with the parish of All Saints Llanfrechfa continued during 2022 and will be commissioned in 2023 as a Ministry Area.
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Financial review
A NSI Bond of £15,000 is held by the Benefice.
Total income including tax recovered from HMRC in respect of the unrestricted funds was £137,444 (2021: £130,701) and restricted funds was £20,533 (2021: £9,593), a total of £157,977 (2021: £140,294).
£165,720 (2021: £126,624) was spent to provide the Christian ministry in the Benefice including the contribution to the diocesan parish share (that largely provides the stipends and housing for the clergy). The Parish Share is allocated between the churches according to a formula agreed by the PCC on the advice of the church treasurers.
There was a deficit of £47,222 (2021 surplus: £49,840) of income over expenditure including a net deficit on investments.
Reserves policy
The PCC policy is to retain sufficient funds centrally including the bond of £15,000 as a buffer against unforeseen circumstances or should a church make a late payment in their Share. Thus, in the latter event, enabling the Share to be paid on time so as to retain the relevant discount.
Volunteers
We would like to thank all the volunteers who work so hard to help the Benefice. In particular we want to mention the Churchwardens, the Treasurer and Secretary and the Treasurers of the constituent Churches and the other members of the PCC, the past year has been a difficult time for everybody.
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Plans for future periods
Risk Review and Challenges
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The Ministry Area Council continues to be responsible for ensuring that reviews of all major risks are conducted and that wherever possible systems have been established to mitigate these risks. The risks facing the Charity include the state of repair of the churches, churchyards, church halls and the financial requirements to meet its stated activities. Each local church is encouraged to conduct a review of its own risks and this is periodically an agenda item for the Ministry Area Council struggle, largely because:-
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Utility costs are extremely high.
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Share payments have stayed at 2018 levels, which mean reduced congregations during Covid have needed to overcome the shortfall between pre-Pandemic and Pandemic attendance levels.
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General price rises.
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The financial hole left as a result of the pandemic, that is due to:
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lack of fundraising
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collapse of hall hire
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reduced collections because of the lack of loose collections
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reduced fees and collections from Funerals, Weddings and Baptisms
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Together with the impact of the Cost-of-Living Crisis on individuals which has influenced giving.
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While it is anticipated that at some point during 2023/2024 the financial situation may normalise, this is by no means certain, and the Benefice has to continue it's work in uncertainty. It has been gratifying that the Benefice has been able to meet it's Share payments to the Diocese during 2022, that some Churches have reviewed their use of heating and lighting usage. Some Churches are also investing in LED lighting to reduce costs in the medium to long term. But all Churches in the Benefice need to be alive to the continuing challenging environment, and ensure that (where possible) costs are continued to be examined and scrutinised.
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Where have been no serious incidents or Safeguarding issues or other matters relating to this charity over the previous financial year.
Fabric
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Three of the seven churches in the ministry area are listed buildings Holy Trinity Church Pontnewydd, St Michael and All Angels Llantarnam and St Peter Henllys are Grade II Listed. Each local church congregation is encouraged to carry out regular inspections and maintenance as required.
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Quinquennial inspections are carried out by an independent architect.
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Rectorial Benefice of Cwmbran Parochial Church Council
Trustees' Annual Report (continued)
Year ended 31 December 2022
Statement of responsibilities of the trustees
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with their duty in section 17(5) of the Charities Act 2011 and have due regard for to guidance published by the Charity Commission. The trustees are also responsible for:-
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safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities, and
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where appropriate maintaining the integrity of the financial information included on the charity's website in line with United Kingdom legislation.
The trustees' annual report was approved on 31 March 2023 and signed on behalf of the board of trustees by:
Edmund Ivan Jones Reverend Nicholas Charles Perry Trustee Trustee
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Rectorial Benefice of Cwmbran Parochial Church Council
Independent Examiner's Report to the Trustees of Rectorial Benefice of Cwmbran Parochial Church Council
Year ended 31 December 2022
I report to the trustees on my examination of the financial statements of Rectorial Benefice of Cwmbran Parochial Church Council ('the charity') for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act').
I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the Act,
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or
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the accounts do not accord with those records, or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Jonathan Rhodes BSc BFP FCA Independent Examiner
Walter Hunter & Co Limited Chartered Accountants 24 Bridge Street Newport South Wales NP20 4SF
Date:31 March 2023
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Rectorial Benefice of Cwmbran Parochial Church Council
Statement of Financial Activities
Year ended 31 December 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 92,899 | 7,824 | 100,723 | 97,498 |
| Charitable activities | 5 | 35,058 | 3,453 | 38,511 | 22,202 |
| Other fundraising activities | 6 | 9,274 | 2,150 | 11,424 | 11,339 |
| Investment income | 213 | 7,106 | 7,319 | 6,192 | |
| Other income | 7 | – | – | – | 3,063 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 137,444 | 20,533 | 157,977 | 140,294 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 8,9 | 158,228 | 7,492 | 165,720 | 126,624 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 158,228 | 7,492 | 165,720 | 126,624 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Net (losses)/gains on investments | – | (39,479) | (39,479) | 36,170 | |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Net (expenditure)/income | (20,784) | (26,438) | (47,222) | 49,840 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Transfers between funds | 7,183 | (7,183) | – | – | |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Net movement in funds | (13,601) | (33,621) | (47,222) | 49,840 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 124,431 | 470,705 | 595,136 | 545,296 | |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 110,830 ================================ |
437,084 ================================ |
547,914 ================================ |
595,136 ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 12 to 22 form part of these financial statements.
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Rectorial Benefice of Cwmbran Parochial Church Council
Statement of Financial Position
31 December 2022
| 31 December 2022 | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Fixed Asset Investments | 14 | 365,498 | 398,274 | |
| Current assets | ||||
| Debtors | 15 | – | 130 | |
| Current Investments | 16 | 15,000 | 15,000 | |
| Cash at bank and in hand | 191,436 | 186,185 | ||
| -------------------------------- | -------------------------------- | |||
| 206,436 | 201,315 | |||
| Creditors: amounts falling due within one year | 17 | 24,020 | 4,453 | |
| -------------------------------- | -------------------------------- | |||
| Net current assets | 182,416 | 196,862 | ||
| -------------------------------- | -------------------------------- | |||
| Total assets less current liabilities | 547,914 | 595,136 | ||
| -------------------------------- | -------------------------------- | |||
| Net assets | 547,914 | 595,136 | ||
| ================================ | ================================ | |||
| Funds of the charity | ||||
| Restricted funds | 437,084 | 470,705 | ||
| Unrestricted funds | 110,830 | 124,431 | ||
| -------------------------------- | -------------------------------- | |||
| Total charity funds | 18 | 547,914 ================================ |
595,136 ================================ |
These financial statements were approved by the board of trustees and authorised for issue on 31 March 2023, and are signed on behalf of the board by:
Edmund Ivan Jones Trustee
Reverend Nicholas Charles Perry Trustee
The notes on pages 12 to 22 form part of these financial statements.
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Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements
Year ended 31 December 2022
1. General information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is The Rectorial Benefice of Cwmbran Parochial Church Council, The Rectory, Clomendy Road, Cwmbran, Torfaen, NP44 3LS.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of fixed asset investments.
The financial statements are prepared in sterling, which is the functional currency of the entity. The figures in the financial statements are rounded to the nearest whole pound.
Winding up or dissolution of the charity
There are no material uncertainties about the charity’s ability to continue as a going concern. If upon winding up or dissolution of the charity there remains any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. Since March 2020 the Covid-19 pandemic has seriously affected the UK generally. We have taken all necessary steps to combat the effects of the virus and to ensure that the charity is able to continue to operate.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS102
(a) No cash flow statement has been presented for the charity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
3. Accounting policies (continued)
Income tax
As a registered charity, the charity is exempt from income tax to the extent that its income and gains are applicable to charitable purposes only. Value added tax is not recoverable by the charity and is therefore included in the relevant costs in the Statement of Financial Activities.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure as declared by the donor or through the terms of an appeal.
Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure it reliably, in which case the value is derived from the cost to the donor or the estimated resale value.
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Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Recognition of Liabilities
Liabilities are recognised on the accruals basis in accordance with normal accounting principles.
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Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
3. Accounting policies (continued)
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
4. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Planned giving | 28,079 | – | 28,079 |
| Loose collections | 31,765 | – | 31,765 |
| Gift Aid | 22,260 | – | 22,260 |
| Mission/World Church Contributions | 469 | – | 469 |
| Donations | 10,176 | 2,074 | 12,250 |
| Legacies | – | 3,000 | 3,000 |
| Grants | 150 | 2,750 | 2,900 |
| ---------------------------- | ----------------------- | -------------------------------- | |
| 92,899 | 7,824 | 100,723 | |
| ============================ | ======================= | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Donations | |||
| Planned giving | 43,948 | – | 43,948 |
| Loose collections | 21,183 | – | 21,183 |
| Gift Aid | 19,350 | – | 19,350 |
| Mission/World Church Contributions | 1,414 | – | 1,414 |
| Donations | 9,071 | 895 | 9,966 |
| Legacies | – | – | – |
| Grants | 1,637 | – | 1,637 |
| ---------------------------- | -------------- | ---------------------------- | |
| 96,603 | 895 | 97,498 | |
| ============================ | ============== | ============================ |
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Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
5. Charitable activities
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| St Gabriels service fees | 4,663 | – | 4,663 | |
| St Michaels service fees | 5,237 | – | 5,237 | |
| St Marys service fees | 2,290 | – | 2,290 | |
| St Peters service fees | 1,523 | – | 1,523 | |
| Holy Trinity service fees | 6,484 | 3,453 | 9,937 | |
| St Gabriels hall rental | 3,226 | – | 3,226 | |
| St Michaels hall hire | 6,314 | – | 6,314 | |
| St Marys Hall Hire | 5,321 | – | 5,321 | |
| ---------------------------- | ----------------------- | ---------------------------- | ||
| 35,058 | 3,453 | 38,511 | ||
| ============================ | ======================= | ============================ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| St Gabriels service fees | 3,720 | – | 3,720 | |
| St Michaels service fees | 3,733 | – | 3,733 | |
| St Marys service fees | 622 | – | 622 | |
| St Peters service fees | 885 | – | 885 | |
| Holy Trinity service fees | 9,200 | 2,464 | 11,664 | |
| St Gabriels hall rental | 1,578 | – | 1,578 | |
| St Michaels hall hire | – | – | – | |
| St Marys Hall Hire | – | – | – | |
| ---------------------------- | ----------------------- | ---------------------------- | ||
| 19,738 | 2,464 | 22,202 | ||
| ============================ | ======================= | ============================ | ||
| 6. | Other fundraising activities | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| St Gabriels fundraising income | 4,119 | – | 4,119 | |
| St Michaels fundraising income | 3,041 | – | 3,041 | |
| St Marys fundraising income | 752 | 75 | 827 | |
| Worship Centre fundraising income | 140 | – | 140 | |
| Holy Trinity fundraising income | 1,222 | 2,075 | 3,297 | |
| ----------------------- | ----------------------- | ---------------------------- | ||
| 9,274 | 2,150 | 11,424 | ||
| ======================= | ======================= | ============================ |
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Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
6. Other fundraising activities (continued)
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| St Gabriels fundraising income | 2,409 | – | 2,409 | |
| St Michaels fundraising income | 4,401 | – | 4,401 | |
| St Marys fundraising income | 2,418 | 62 | 2,480 | |
| Worship Centre fundraising income | 100 | – | 100 | |
| Holy Trinity fundraising income | 1,949 | – | 1,949 | |
| ---------------------------- | -------------- | ---------------------------- | ||
| 11,277 | 62 | 11,339 | ||
| ============================ | ============== | ============================ | ||
| Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| £ | £ | £ | £ | |
| St Marys other income | – | – | 100 | 100 |
| Holy Trinity other income | – | – | 2,963 | 2,963 |
| -------------- | -------------- | ----------------------- | ----------------------- | |
| – | – | 3,063 | 3,063 | |
| ============== | ============== | ======================= | ======================= | |
| Expenditure on charitable activities | by fund type | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Grant & Other Financial Support | 1,878 | – | 1,878 | |
| Church Property | 38,903 | 7,492 | 46,395 | |
| Parish Activities | 14,145 | – | 14,145 | |
| Other Resources Expended | 259 | – | 259 | |
| Support costs | 103,043 | – | 103,043 | |
| -------------------------------- | ----------------------- | -------------------------------- | ||
| 158,228 | 7,492 | 165,720 | ||
| ================================ | ======================= | ================================ | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| £ | £ | £ | ||
| Grant & Other Financial Support | 930 | – | 930 | |
| Church Property | 33,907 | 4,477 | 38,384 | |
| Parish Activities | 12,040 | – | 12,040 | |
| Other Resources Expended | 263 | – | 263 | |
| Support costs | 75,007 | – | 75,007 | |
| -------------------------------- | ----------------------- | -------------------------------- | ||
| 122,147 | 4,477 | 126,624 | ||
| ================================ | ======================= | ================================ |
7. Other income
8. Expenditure on charitable activities by fund type
- 16 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
9. Expenditure on charitable activities by activity type
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Grant & Other Financial Support | 1,878 | – | 1,878 | 930 |
| Support for Ministry | – | 101,093 | 101,093 | 73,177 |
| Church Property | 46,395 | – | 46,395 | 38,384 |
| Parish Activities | 14,145 | – | 14,145 | 12,040 |
| Other Resources Expended | 259 | – | 259 | 263 |
| Governance costs | – | 1,950 | 1,950 | 1,830 |
| ---------------------------- | -------------------------------- | -------------------------------- | -------------------------------- | |
| 62,677 | 103,043 | 165,720 | 126,624 | |
| ============================ | ================================ | ================================ | ================================ |
- 17 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
10. Analysis of support costs
| General | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Benefice | St Gabriel's | St Michael's | St Mary's | St Peter's | Worship | Holy Trinity | |||
| Fund | Church | Church | Church | Church | Centre | Church | Total 2022 | Total 2021 | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | |
| General office | 31 | 1,214 | 1,137 | 742 | 1,131 | 1,089 | 1,137 | 6,481 | 8,700 |
| Governance costs | – | 325 | 325 | 325 | 325 | 325 | 325 | 1,950 | 1,830 |
| Ministry support | – | 23,307 | 25,529 | 15,126 | 8,999 | 7,334 | 14,317 | 94,612 | 64,477 |
| -------------- | ---------------------------- | ---------------------------- | ---------------------------- | ---------------------------- | ----------------------- | ---------------------------- | -------------------------------- | ---------------------------- | |
| 31 | 24,846 | 26,991 | 16,193 | 10,455 | 8,748 | 15,779 | 103,043 | 75,007 | |
| ============== | ============================ | ============================ | ============================ | ============================ | ======================= | ============================ | ================================ | ============================ |
- 18 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
11. Independent examination fees
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 1,950 | 1,830 |
| ======================= | ======================= |
12. Trustee remuneration and expenses
-
No remuneration or other benefits from employment with the charity or a related entity were received by any trustee
-
No trustee expenses have been incurred
13. Transfers between funds
Included within the fund transfers are amendments to reallocate historic funds.
14. Fixed asset investments
| Church in | |||
|---|---|---|---|
| Church in | Wales | ||
| Wales | Common | ||
| Common | Investment | ||
| Investment | Fund | ||
| Fund Shares | Reserve | Total | |
| £ | £ | £ | |
| Cost or valuation | |||
| At 1 Jan 2022 | 376,201 | 22,073 | 398,274 |
| Additions | – | 6,703 | 6,703 |
| Fair value movements | (39,479) | – | (39,479) |
| -------------------------------- | ---------------------------- | -------------------------------- | |
| At 31 Dec 2022 | 336,722 | 28,776 | 365,498 |
| ================================ | ============================ | ================================ | |
| Carrying amount | |||
| At 31 Dec 2022 | 336,723 | 28,775 | 365,498 |
| ================================ | ============================ | ================================ | |
| At 31 Dec 2021 | 376,201 | 22,071 | 398,274 |
| ================================ | ============================ | ================================ |
All investments shown above are held at valuation.
- 19 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
14. Fixed asset investments (continued)
The Representative Body of the Church in Wales Common Investment Funds are held as a Chancel Repair Fund (for St. Peter's church, Henllys) and as a Fabric Fund (for any Church or Churchyard in the Parish of Pontnewydd).
The middle market value of these shares as at 31st December 2022 was £2.0956 (2021: £2.3413).
Church in Wales Common Investment Fund
| St Peter's | ||||
|---|---|---|---|---|
| Chancel Repair Fund | Fabric | Fund | ||
| 2022 | 2022 | |||
| No. of Capital Shares | 236 | 108,518 | ||
| Value | £495 | £227,411 | ||
| No. of Income Accumulation | ||||
| Shares | 2,601 | 49,325 | ||
| Value | £5,451 | £103,366 | ||
| I&E Fund cash | £152 | £28,623 | ||
| 2021 | 2021 | |||
| No. of Capital Shares | 236 | 108,518 | ||
| Value | £552 | £254,073 | ||
| No. of Income Accumulation | ||||
| Shares | 2,601 | 49,325 | ||
| Value | £6,090 | £115,485 | ||
| I&E Fund cash | £34 | £22,038 | ||
| 15. | Debtors | |||
| 2022 | 2021 | |||
| £ | £ | |||
| Trade debtors | – | 130 | ||
| ============== | ============== | |||
| 16. | Current investments | |||
| 2022 | 2021 | |||
| £ | £ | |||
| National Savings Bond | 15,000 | 15,000 | ||
| ============================ | ============================ | |||
| 17. | Creditors: amounts falling due | within one year | ||
| 2022 | 2021 | |||
| £ | £ | |||
| Diocese Board of Finance | 22,070 | – | ||
| Accruals and deferred income | 1,950 | 4,453 | ||
| ---------------------------- | ----------------------- | |||
| 24,020 | 4,453 | |||
| ============================ | ======================= |
- 20 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
18. Analysis of charitable funds
Unrestricted funds
| At | Gains and | At | ||||
|---|---|---|---|---|---|---|
| 1 Jan 2022 | Income | Expenditure | Transfers | losses | 31 Dec 22 | |
| £ | £ | £ | £ | £ | £ | |
| General Benefice | ||||||
| fund | 10,740 | 117 | (36) | – | – | 10,821 |
| St Gabriels | 17,904 | 30,534 | (41,579) | – | – | 6,859 |
| St Michaels | 69,509 | 40,203 | (40,996) | – | – | 68,716 |
| St Marys | 13,595 | 23,442 | (27,612) | – | – | 9,425 |
| St Peters | 4,928 | 5,794 | (14,776) | 7,808 | – | 3,754 |
| Worship Centre | 4,806 | 8,222 | (9,045) | – | – | 3,983 |
| Holy Trinity | 2,949 | 29,132 | (24,184) | (625) | – | 7,272 |
| -------------------------------- | -------------------------------- | -------------------------------- | ----------------------- | -------------- | -------------------------------- | |
| 124,431 | 137,444 | (158,228) | 7,183 | – | 110,830 | |
| ================================ | ================================ | ================================ | ======================= | ============== | ================================ | |
| At | Gains and | At | ||||
| 1 Jan 2021 | Income | Expenditure | Transfers | losses | 31 Dec 21 | |
| £ | £ | £ | £ | £ | £ | |
| General Benefice | ||||||
| fund | 11,838 | (275) | (823) | – | – | 10,740 |
| St Gabriels | 14,979 | 32,986 | (30,061) | – | – | 17,904 |
| St Michaels | 67,638 | 33,533 | (31,662) | – | – | 69,509 |
| St Marys | 10,506 | 22,745 | (19,656) | – | – | 13,595 |
| St Peters | 8,100 | 3,299 | (6,471) | – | – | 4,928 |
| Worship Centre | 3,916 | 7,127 | (6,237) | – | – | 4,806 |
| Holy Trinity | (2,095) | 31,286 | (27,237) | 995 | – | 2,949 |
| -------------------------------- | -------------------------------- | -------------------------------- | -------------- | -------------- | -------------------------------- | |
| 114,882 ================================ |
130,701 ================================ |
(122,147) ================================ |
995 ============== |
– ============== |
124,431 ================================ |
The unrestricted funds include an amount for St Michaels Church designated for the Church Hall expenditure.
- 21 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Financial Statements (continued)
Year ended 31 December 2022
Restricted funds
| At | Gains and | At | ||||
|---|---|---|---|---|---|---|
| 1 Jan 2022 | Income | Expenditure | Transfers | losses | 31 Dec 22 | |
| £ | £ | £ | £ | £ | £ | |
| General Fund | 406,595 | 6,585 | – | – | (38,782) | 374,398 |
| St Gabriels | 10,195 | 289 | – | – | – | 10,484 |
| St Michaels | 22,541 | 3,399 | (1,187) | – | – | 24,753 |
| St Marys | 6,715 | 4,446 | (1,515) | – | – | 9,646 |
| St Peters | 14,485 | 118 | – | (7,808) | (697) | 6,098 |
| Holy Trinity | 10,174 | 5,696 | (4,790) | 625 | – | 11,705 |
| -------------------------------- | ---------------------------- | ----------------------- | ----------------------- | ---------------------------- | -------------------------------- | |
| 470,705 | 20,533 | (7,492) | (7,183) | (39,479) | 437,084 | |
| ================================ | ============================ | ======================= | ======================= | ============================ | ================================ | |
| At | Gains and | At | ||||
| 1 Jan 2021 | Income | Expenditure | Transfers | losses | 31 Dec 21 | |
| £ | £ | £ | £ | £ | £ | |
| General Fund | 364,988 | 6,282 | – | – | 35,325 | 406,595 |
| St Gabriels | 9,612 | 583 | – | – | – | 10,195 |
| St Michaels | 22,934 | 24 | (417) | – | – | 22,541 |
| St Marys | 6,652 | 63 | – | – | – | 6,715 |
| St Peters | 13,753 | (113) | – | – | 845 | 14,485 |
| Holy Trinity | 12,475 | 2,754 | (4,060) | (995) | – | 10,174 |
| -------------------------------- | ----------------------- | ----------------------- | -------------- | ---------------------------- | -------------------------------- | |
| 430,414 ================================ |
9,593 ======================= |
(4,477) ======================= |
(995) ============== |
36,170 ============================ |
470,705 ================================ |
Restricted funds include Church funds held for specific purposes including amounts in Common Investment Funds.
19. Analysis of net assets between funds
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Investments | – | 365,498 | 365,498 |
| Current assets | 110,830 | 71,586 | 182,416 |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| Net assets | 110,830 | 437,084 | 547,914 |
| ================================ | ================================ | ================================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| £ | £ | £ | |
| Investments | – | 398,274 | 398,274 |
| Current assets | 124,431 | 72,431 | 196,862 |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| Net assets | 124,431 | 470,705 | 595,136 |
| ================================ | ================================ | ================================ |
20. Related parties
There are no related party transactions in the reporting period that require disclosure in the financial statements.
- 22 -
Rectorial Benefice of Cwmbran Parochial Church Council
Management Information
Year ended 31 December 2022
The following pages do not form part of the financial statements.
- 23 -
Rectorial Benefice of Cwmbran Parochial Church Council
Detailed Statement of Financial Activities
Year ended 31 December 2022
| Year ended 31 December 2022 | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| St Gabriels planned giving | 1,877 | 10,888 |
| St Michaels planned giving | 14,473 | 14,983 |
| St Marys planned giving | 8,274 | 11,101 |
| St Peters planned giving | 828 | 810 |
| Worship Centre planned giving | 2,487 | 5,046 |
| Holy Trinity planned giving | 140 | 1,120 |
| St Gabriels loose collection | 10,197 | 1,388 |
| St Michaels loose collection | 4,397 | 3,490 |
| St Marys loose collection | 2,018 | 2,292 |
| St Peters loose collection | 1,710 | 1,175 |
| Worship Centre loose collection | – | 560 |
| Holy Trinity loose collection | 13,443 | 12,278 |
| St Gabriels gift aid | 4,129 | 7,589 |
| St Michaels gift aid | 5,043 | 3,182 |
| St Marys gift aid | 3,153 | 3,567 |
| St Peters gift aid | 547 | 429 |
| Worship Centre gift aid | 1,695 | 1,261 |
| Holy Trinity gift aid | 7,693 | 3,322 |
| St Gabriels World church contribution | 229 | 820 |
| St Michaels World church contribution | – | 137 |
| St Marys World church contribution | 240 | 63 |
| Holy Trinity World church contribution | – | 394 |
| St Gabriels donations | 2,374 | 5,174 |
| St Michaels donations | 1,624 | 3,346 |
| St Marys donations | 3,004 | 936 |
| St Peters donations | 1,180 | – |
| Worship Centre donations | 3,900 | 160 |
| Holy Trinity donations | 168 | 350 |
| St Michaels legacies | 3,000 | – |
| St Marys grant | 2,750 | 1,637 |
| Holy Trinity grant | 150 | – |
| -------------------------------- | ---------------------------- | |
| 100,723 | 97,498 | |
| -------------------------------- | ---------------------------- | |
| Charitable activities | ||
| St Gabriels service fees | 4,663 | 3,720 |
| St Michaels service fees | 5,237 | 3,733 |
| St Marys service fees | 2,290 | 622 |
| St Peters service fees | 1,523 | 885 |
| Holy Trinity service fees | 9,937 | 11,664 |
| St Gabriels hall rental | 3,226 | 1,578 |
| St Michaels hall hire | 6,314 | – |
| St Marys Hall Hire | 5,321 | – |
| ---------------------------- | ---------------------------- | |
| 38,511 | 22,202 | |
| ---------------------------- | ---------------------------- |
- 24 -
Rectorial Benefice of Cwmbran Parochial Church Council
Detailed Statement of Financial Activities (continued)
Year ended 31 December 2022
| Year ended 31 December 2022 | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Other fundraising activities | ||
| St Gabriels fundraising income | 4,119 | 2,409 |
| St Michaels fundraising income | 3,041 | 4,401 |
| St Marys fundraising income | 827 | 2,480 |
| Worship Centre fundraising income | 140 | 100 |
| Holy Trinity fundraising income | 3,297 | 1,949 |
| ---------------------------- | ---------------------------- | |
| 11,424 | 11,339 | |
| ---------------------------- | ---------------------------- | |
| Investment income | ||
| Other bank interest | 118 | 2 |
| St Gabriels interest | 9 | 2 |
| St Michaels interest | 473 | 9 |
| St Marys interest | 10 | 9 |
| St Peters interest | 6 | – |
| Benefice investment income | 6,585 | 6,283 |
| St Peters investment income | 118 | (113) |
| ----------------------- | ----------------------- | |
| 7,319 | 6,192 | |
| ----------------------- | ----------------------- | |
| Other income | ||
| St Marys other income | – | 100 |
| Holy Trinity other income | – | 2,963 |
| -------------- | ----------------------- | |
| – | 3,063 | |
| -------------- | ----------------------- | |
| -------------------------------- | -------------------------------- | |
| Total income | 157,977 | 140,294 |
| ================================ | ================================ |
- 25 -
Rectorial Benefice of Cwmbran Parochial Church Council
Detailed Statement of Financial Activities (continued)
Year ended 31 December 2022
| Year ended 31 December 2022 | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Maintenance of Churches | 25,785 | 17,237 |
| Maintenance of other church property | 20,610 | 21,147 |
| Maintenance of services | 9,240 | 10,332 |
| General parish expenses (including governance) | 6,855 | 3,538 |
| Parish share | 94,612 | 64,477 |
| Mission costs | 1,878 | 930 |
| Parochial Expenses of Clerics | 6,481 | 8,667 |
| Other Parochial Expenses | – | 33 |
| Cost of Money Raising | 259 | 263 |
| -------------------------------- | -------------------------------- | |
| 165,720 | 126,624 | |
| -------------------------------- | -------------------------------- | |
| -------------------------------- | -------------------------------- | |
| Total expenditure | 165,720 | 126,624 |
| ================================ | ================================ | |
| Net (losses)/gains on investments | ||
| Benefice Fund gains/losses on investments | 38,782 | (35,325) |
| St Peters gains/losses on investment | 697 | (845) |
| -------------------------------- | -------------------------------- | |
| 39,479 | (36,170) | |
| -------------------------------- | -------------------------------- | |
| ---------------------------- | ---------------------------- | |
| Net (expenditure)/income | (47,222) | 49,840 |
| ============================ | ============================ |
- 26 -
Rectorial Benefice of Cwmbran Parochial Church Council
Notes to the Detailed Statement of Financial Activities
Year ended 31 December 2022
| Year ended 31 December 2022 | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Expenditure on charitable activities | ||
| Grant & Other Financial Support | ||
| Activities undertaken directly | ||
| Mission Costs | 1,878 | 930 |
| ----------------------- | -------------- | |
| Support for Ministry | ||
| Support costs | ||
| Parish share | 94,612 | 64,477 |
| Parochial Expenses of Clerics | 6,481 | 8,667 |
| Other cleric expenses | – | 33 |
| -------------------------------- | ---------------------------- | |
| 101,093 | 73,177 | |
| -------------------------------- | ---------------------------- | |
| Church Property | ||
| Activities undertaken directly | ||
| Maintenance of Churches | 25,785 | 17,237 |
| Maintenance of Other Property | 20,610 | 21,147 |
| ---------------------------- | ---------------------------- | |
| 46,395 | 38,384 | |
| ---------------------------- | ---------------------------- | |
| Parish Activities | ||
| Activities undertaken directly | ||
| Maintenance of Services | 9,240 | 8,568 |
| General Parish expenses | 4,905 | 3,472 |
| ---------------------------- | ---------------------------- | |
| 14,145 | 12,040 | |
| ---------------------------- | ---------------------------- | |
| Other Resources Expended | ||
| Activities undertaken directly | ||
| Cost of Fundraising | 259 | 263 |
| -------------- | -------------- | |
| Governance costs | ||
| Governance costs - accountancy | 1,950 | 1,830 |
| ----------------------- | ----------------------- | |
| -------------------------------- | -------------------------------- | |
| Expenditure on charitable activities | 165,720 | 126,624 |
| ================================ | ================================ |
- 27 -