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2020-12-31-accounts

~Pa e
Reference and Administrative
details
Parochial
Church Council Report		 2 —7
Independent
Examiners
Report
Statement of Financial Activities 9&10
Balance Sheet
Notes to the Financial Statements 12-23

StThomas'
Church
St David's Church
StCatherine's
Church (closed October		 2020)
St Illtyd's Church
Ss Peter & Paul's Church
St Teilo's Church, Tonmawr
Trustees: All members ofthe P.C.C.are charity trustees.
Advisers:
Independent examiner: A M Evans Esq., FCA CTA
Rimmer &May, Chartered Accountants, Llanelli
Bankers: Lloyds Bank pic
Scottish Widows pic
Monmouthshire
Building Society

Unrestricted Restricted Totals Totals
Note Funds Funds 2020 2019
INCOME AND ENDOWMENTS FROM:-
Direct Giving: Planned 86,869 86,869 94,430
Other 4,149 155 4,304 10,744
Grants and donations 61,975 15,400 77,375 36,865
Indirect Giving —Tax refunds 22,150 2,625 24,775 24,109
Forthe World-wide
Church		 1,136 1,136 4,577
Other trading activities:-
Money Raising 3 10,739 1,399 12,138 33,212
Other Income 4 33,545 1,330 34,875 41,594
Other Funds 17 2,196 2,196 6,339
Investments
Bank interest 496 32 528 491
TOTAL 222,119 22,077 244,196 252,361
EXPENDITURE ON:-
Charitable
activities
Mission 1,014 3,154 4,168 9,315
Maintenance of
Ministry- Parish Share 104,395 104,395 92,486
Other 4,554 4,554 6,231
Maintenance ofChurches 42,002 42,002 50,994
Maintenance ofServices 9,091 9,091 14,374
Parochial Expenses ofCledcs 11,337 11,337 10,680
General
Parish Expenses		 10 15,188 2,067 17,255 17,622
Maintenance of Property 11,427 5,248 16,675 17,236
Costs of Other Funds 17 1,458 1,458 6,937
TOTAL 200,466 10,469 210,935 225,875

Unrestricted Restricted Totals Totals
Note Funds Funds 2020 2019
E E
Net income/expenditure before
transfers 21,653 11,608 33,261 26,486
Transfers
between funds		 12 (1,200) 1,200
Net movement
in funds		 20,453 12,808 33,261 26,486
Fund balances brought forward 357,659 266,932 624,591 598,105
Fund balances carried forward at
31stDecember 2020 378,112 279,740 657,852 624,591
BALANCE SHEET AT31STDECEMBER 2020 BALANCE SHEET AT31STDECEMBER 2020 BALANCE SHEET AT31STDECEMBER 2020
2020 2019
Notes
FIXED ASSETS
Tangible Assets 13 218,268 220,019
CURRENT ASSETS
Stocks 1,278 1,278
Debtors 14 10,888 9,373
Neath Port Talbot Credit Union 10,074 10,076
Cash at Bank and in Hand 429,496 391,010
451,736 411,737
CREDITORS: Amounts falling due
within one year 15 12,152 7,165
NET CURRENT ASSETS 439,584 404,572
NETASSETS 657,852 624,591
INCOME FUNDS
Restricted 16 279,740 266,932
Unrestricted: Ordinary Funds 17 328,952 332,888
Designated Funds 17 49,160 24,771
378,112 357,659
TOTAL CHARITY FUNDS 657,852 624,591
Approved
by the		 Parochial Church Council on B(If42( and signed on its behalf by:-
l.sub+ ELIZAse TH kleuSnSI I p

Legacies and general donations donations 4,736
Neath Town Council 500
DBFMinistry Share rebate 27,739
DBFGrant 9,000
Welsh Assembly
Government		 20,000
Mrs Lawrence (restricted) 11,000
HLF re Memorial
(restricted)		 4,400
77,375
MONEY RAISING
2020 2019
Magazine
-Subscriptions		 3,073 2,859
-Adverts 952 1,090
Events (incl f1,399restricted) 7,963 28,705
Tesco voucher scheme 150 558
12,138 33,212
OTHER INCOME
2020 2019
House rental 7,200
Weddings,
Funerals		 and other services 10,911 11,858
Car park fees 2,335 2,505
Use ofphotocopier 80 12
Hall hire 5,967 12,727
Listed Places of Worship (VAT refunds) 1,891 1,513
Lottery Bonus ball 3,046 3,542
Other sundry
income		 3,267 9,437
Parish Men's group 177
34,875 41,594

Home
Walsingham
Shrine		 100
The Diocesan Training Committee 200
Llandaff WODS 100
Ty Olwen 220
Hafal 100
Rotary Club of Neath 100
Neath Food Bank 483
Ty Hafan 600
Platform
4YP		 100
Royal Voluntary
Service		 100
The Simile Train 100
The Salvation
Army		 200
Sundry 100
Crisis at Christmas 100
The Samaritans 200
DBF —confirmation service collection 237
3,040
4,168
NOTES TOTHE FINANCIAL STATEMENTS
CONTINUED		 NOTES TOTHE FINANCIAL STATEMENTS
CONTINUED
6. AINTENANCE OF MINISTRY
2020 2019
Clergy remuneration 3,682 3,590
Clergy expenses 872 2,641
4,554 6,231
7. MAINTENANCE OF CHURCHES
2020 2019
Collection repaid (restricted)
Insurance 9,766 9,270
Light, heat and water 13,325 13,966
Clock maintenance 277 506
General
repairs		 and restoration 14,893 12,807
Church cleaning 2,605 2,911
Grass cutting 756 1,220
Organ repairs 380 5,294
St David's
light system		 5,020
42,002 50,994
8. MAINTENANCE OF SERVICES
2020 2019
Wedding Service expenses 292 1,808
Funeral service expenses 3,933 4,455
Altar requisites etc 4,368 4,380
Choral expenses 2,705
Sundry expenses 498 1,026
9,091 14,374
9. PAROCHIAL EXPENSES OF CLERICS
2020 2019
l.ight and heat 1,719 1,290
Staff costs 9,618 9,390
11,337 10,680

10. GENERAL PARISH EXPE NSE S
2020 2019
Printing postage and stationery 7,795 6,874
Telephone 1,612 882
Sundry expenses 1.223 1,803
Depreciation 1,751 1,863
Computer
expenses		 786 736
Bank charges 158 156
Friends 1,589 1,628
Bonus ball and fundraising costs 1,218 2,156
Flower Guild 132
Parties, payroll &other costs 1J123 1,392
17,255 17,622
11. MAINTENANCE
OF PROPERTY
2020 2019
Car Park costs 96
Rectory garden maintenance 180 180
Grass cutting 260 260
Water rates 1,606 953
Llantwit gardener 2,208 3,316
Garden ofremembrance 1,934 2,548
Sundry maintenance 505 438
Ss Peter & Paul Hall maintenance 318 3,716
StCatherine
hall expenses		 4,521 5,825
Ss Peter & Paul garden maintenance 473
StTeilo —War memorial 4,574
16,675 17,236

12. FUNDS TRANSFERRED FUNDS TRANSFERRED
Unrestricted Restricted Total
f
Stewardship
Account:
Transferred
from		 general fund
Transfer from general fund: to mission fund (1,200) 1,200
(1,200) 1,200
13. TANGIBLE FIXEDASSETS- UNRESTRICTED FUNDS ~Pro ert ~Et Total
E E
COST
At 1stfanuary 2020 and
At 31December 2020 232,493 46,741 279,234
DEPRECIATION
Broughtforward 23,066 36,149 59,215
Charge for year 1,751 1,751
Carried forwa rd 23,066 37,900 60,966
NET BOOK VALUE 31/12/2020 209,427 8,841 218,268
NET BOOK VALUE 31/12/2019 209,427 10,592 220,019
The property comprises:-
Curate's house —Little Haven 209,427
Expenditure on St.Peter and St. Paul's Church hall 23,066
232,493

2020 2019
Quota refund 5,494 4,868
Other debtors 5,394 4,505
10,888 9,373
15. CREDITORS FALLINB DUE WITHIN ONE YEAR
2020 2019
Sundry Creditors and accruals 12,152 7,165
12,152 7,165

16. RRRTRIRTRORONOR RRRTRIRTRORONOR
Brought Movement in Transfer Carried
Forward Year offunds Forward
f
Stewardship account
Mrs SLawrence —Holy Land fund 8,670 8,670
Mrs 5Lawrence- Contingency fund 4,955 4,955
Property
Fund		 213,801 18 213,819
Parochial
Missions		 2,925 (2,001) 1,200 2,124
Churchyard Maintenance 496 496
StThomas' tower restoration 18,242 18,242
St David
Friends 11,632 (518) 11,114
Restoration 7,052 7,052
Organ Fund 4,441 (404) 4,037
Surplus
Fund		 116 116
StThomas
Friends 8,418 483 8,901
StPeter &Paul
Mission 27 (17) 10
Maintenance 200 200
StTeilo
Communities First 74 (74)
St Illtyd
Chancel Reserve Fund
Total 266,932 11,608 1,200 279,740

17. UNRESTRICTED UNRESTRICTED FUNDS
ook
ODF		 d: 2020 2019
E E
Stewardship account 106,295 102,373
St.Thomas 40,686 34,346
St. David 139,168 137,787
St.Catherine 24,360
St.Peter & Paul 37,846 29,012
St.Illtyd 1,439 1,885
St.Teilo 3,518 3,125
328,952 332,888
Ooiio
h dF		 d
~Bf Movement Transfers jCf
E E
Amounts allocated
within
SOFA:
Stewardship account
Alderman
Davies School		 11,650 11,650
Funds ex St Catherine's Church 14,360 14,360
DBFCovid-19 income grant 9,000 9,000
Parish Men's group 177 177
StThomas:
Tea account 172 61 233
Handbells 770 770
Flower Guild 1,628 55 1,683
Tower Bells 32 32
StPeter &Paul
Ladies Guild 694 694
Mothers'
Union		 402 (402)
Neath Port Talbot Credit Union 5,074 (2) 5,072
20,422 23,249 43,671
Other funds:
Parish Mothers' Union (186) 402 216
St David
Gift Shop 3,914 824 4,738
V & K Hopkins 435 100 535
4,349 738 402 5,489
Total 24,771 23,987 402 49,160

0THE F NANCIAL STATEMENT
21. ~STAFF QQ$
2020 2019
Total salaries
17,412 18,425
Socia I Security costs 93 168
17,505 18,593
Total number employed 16 17