Draft Flnanclal Ststements at 04 Aprll 2024 at 16:67:19
Charlty reglstratlon number 1134218
AFON NEDD MINISTRY AREA
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
*fo
Ministi"y
Area

Draft Flnanclal Statem•Dts at 04 ArAII 2024 ¥t 15-05..34
AFON NEDD MINISTRY AREA
LEGAL AND ADMINISTRATIVE INFORMATION
Truste•*
Al members ol the MAC are ¢*wAy trus18&8
Charfty numb•r
1134218
Prlnclpal addr•••
23 L￿d￿n R¢￿d
Naath
SA11 ILE
Ind•p•ndent 8xamln•r
Rkthard N Chap￿ACcA
V Lkntt•J
Th8 TNrd Fljor
Lan•10) l&)uw, L¥W Rogd
SA1 SwanBOO V￿l•rflONI
SA18QY

Drnft Flnanclal Ststwnents •t 04 Aprfl 2024 at 16:05:34
AFON NEDD MINISTRY AREA
CONTENTS
P•q•
Trustea8 rnwjrl
lThJop8ndtnl Mi>Jl
ststeMw￿ of fwwK4al ¥¢lwAi•8
8heel
Ntstes to th• fknandal ￿thMents
9-20

Draft Flnanclal Stat•ments at 04 Apfll 2024 at 18:28:08
AFON NEDD MINISTRY AREA
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Th8 tru8te88 kYe8ont Ihglr ann￿1 report fKwicl81 sfatemerts for yow ended 31 De¢thMlw 2023.
flnan¢lal slatemenls havebeen In accordar￿a￿lthth0 arJ￿r11r￿a pol¢*8 8&t tyjtln not8 lo tho fln￿a
8tstemants and comply ￿th lh6 ￿1￿1S g0vem￿j dlxumenl, Charllles Act 2011,.Accwn￿ftg ar￿ ReFthlng by
CharNle8'. Slatem8ni of Recommended Prxtke aFvlicable to ¢h¥tlth pre￿ng th6ff accwnts In accofd8n¢e vlth
the Finandal Reportlng Standard appllcat4e In UK c41rn18Th1 (FRS 1W2Y {8ff8cUvo 1 J8Nary 2019)
and tho Church r8wdalw8.
Obl•¢tlv68 and aGtlvltl•s
The prtynollon ol tho whole ￿￿$610n olthg pa8tornl, v48W8Uc. S(￿181 In Parfsh.
rovigw our alma, oblecllve8 8nd actfvllleg gach year. Thls review look8 81 ￿at w& have 8d)16ved and the
(￿rt¢0M•S of cur In the pr8vth8 t￿7¥8 months. Th8 alBO h*¥ u5 lo an8ure (xx alm8. ob)èths and
acllw'lleB remaln fwu8ed on our 8talod obj￿1¥85. h8ve referr&J to th8 guklance contaln8d In Ihg Charlty
Commlil￿￿'8 gen&ro1 guld8[￿6 on public bènefit vfvn rebknAng alms and obl￿b¥e6 In Jonrdng our lulurg
ac1￿lI1es, In partlcutar the 8p¢¢ttk guidance on Charmes for tho 8dvanc8rnent ol Thi¥ en8ur88 Ihol we
Gonilnue c¥Jr pu￿098 of enctyJr8s4ThJ bdiets, 1on¢ts Prac￿¢￿ of CM8tlwlty, Ihareby ￿kIr￿j folltrAwo
and by ar￿j¥s91n9 I￿l&l8ung the practice of the Chrttllan Fth by exlBtkro fdlmrs.
En(¥Juraglng and fwlitallry t￿ pr*¥ ot tho Chrl8tl•n Fth by chur￿￿$ *AWGh kndudes the fonwAwJ'."
The pro￿￿On end malnterranc8 of th8 Churche
Gonducilng row18r Chil$lian *YKshlp In the I￿11￿￿0
. The celebrallon of thtr Hoty E￿hartS1, bgptlwns, mar•8 ond
Th8 malnttrnance ol chrI8tt￿ pla¢80
Promouro th8 Bludy of Chri81k*n I8￿h1n9, pr8dke8 ar¥J 8¢rf￿U
Safeguardw pc4ldos arts kn pixe at all clKYches
Followlng both Church In gnd DIoc684n i)Jd
In 8ddMlon lo the above, Chrlsli8n devotlond ads 8nd ￿troach *vrk18 carrled wt Incknjing:.
. M8111ng lh8 ddf.
. Admlnisleflng the gacfamen18 to th086 urwblé lo allwvj rgw acts to ihb 8lc* and d￿.
Supportlng pastoral work.
Supporliro work carried rAI by olhwCM'8t￿ ageth.
. Fo8terfn9 ecum8nkal flnks betMen dlfferent Chr1611an Iradltkns.
To fadlltal• thkry wth11 Is IMP￿tsnt thAt w• mdntaln the fabrf¢ rllhe CIMKcheL
Achlèvem•nts ind p•rformanc•
Slgnific8nl acfvlffas and achI8￿men18 8g8ln¥l 01¥￿1￿
We have 256 onThe Electoral Rol 011￿ MlnlstyATea. Thè pandemlc h•6 an off￿t on K4llfe r￿d worsNp
In tt)e chwch. In 2022, Ihe Church of Solnt Pelèr Paul was ckwj. oThJ Iha declarntlon of redundancy
1$ aw*t•d.
RevererKI Alfjs￿ Reeves vfds winled a$ tha De￿ In tho 8ro Arn￿ Mimty Am In th8 DtOC888 of Sglnt
Oavld'B and18ft the MirislryP408 1)efore Easter. Thwe are rKMI iwo va￿￿e9 ￿ Ihe mie olTeam IllcBr.
Reverend Ltr￿e Trèmbl￿1¢￿￿1ls W Ihg I4&nlsty Arna at IhD rhj of l)w&nbw 2023 lo conllnue her traknlng
th8Aber￿on Mlnl8tryArea.

Draft Flnanclal Statements at04 Aprtl 2024 at 16:28:08
AFON NEDD MINISTRY AREA
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Re¥kn ofthe year- ForAMtherdelaMs phase lh8 H￿￿A￿a Report ￿2024
Hmvw, ￿ongS1 some of the ¥tithe8 that tL** In Ihè MIr￿￿e• to th8 erwj of 2023:
. Thg 14trJ8tsrd Seed ProipLI St￿ted by RevereThJ AM Gon1kn￿lI0 provlde 8odd Interaclth 8B wnll
home for Wl Foodt•
. Me88y Church wa8 relaWth￿ in Ihe N88lh ec￿8111￿￿ lo the exdleAt *YJrk dono In
Skob￿) by Ihfi 8xlslkng Messy Clxth Tewn Ilwe.
. Th8 work of the MotheTS Branche8 MA was 8lrwVhen&l and 8UPPThtod n•w
members and teok part In 8 Thjffltér of 6v8nlB. Ind4*Jlrg a Bannel F￿lIV81 In Uandaff Cathedr81.
. Th• Noolh con8tlluerq reknunched 118 S￿￿•Y 'SLWKWs Coc4" riTh alon98id8 the
11.00￿ E￿h￿Ist kn Saftt Davkl's Chwth.
. Members ofth8 MA attended Llondaff Calhfdrnl E￿￿8￿ 88 pgrl olthe neh¥orf(Ir¥J •rrnngomgDlg
tho fjocesè.
. Th8 oul¢JooT Nafmty SeThlce on Ad y Bryn k) Tonmwhy con11rm￿ to bo 8 regLlar s￿90nd1 ￿￿t.
. Saint Mary's ClyJch Hall was $ohJ arKJ coTrJi8g8lk)n ar• cortlrnlng to ¥AKI plan lor
rodev¢lopment of thg rear ol chuTth for 6c*381 pKIM"lies.
. The Pwlsh Relreal look placo 81 Salnl Te￿.$ CIKK¢h lft T+rn ¥1￿1$ toAel Y Bryn Fwm a￿￿
meal tOg6lher 818ryn Belw8.
. An Art8 Fè8dval kKJk rAace In frkath In t4 partkpated ￿ vonw lor dl•F4oy8
and aclmlles.
. The 8ale cl Salnl cathert￿.• Chwch Clwx¢h Hal tAtyre ¢￿￿p1￿$ lolThvlrvJ Iholr c*JN¥o 8FMI
rtsdund8ncy.
FlnBncl*l r*vlew
The ov•rall finar￿la1 re81lts indK81e that both unre8lrkted and restric￿ ILrwJ8 ￿elated surplu8es. Tho
deiail8d results ate thBdos00 in the attached ￿￿￿￿1 slatemerts.
Resorve8 PL4icy
The MAC ha8 a poly of ro1air¥ng resrm fLnJyto ¢onlIn￿l ofthe Mlrrf8lryArea. su￿￿3 lunth,
where av8ilobl8, aro r81akntd M 8 Trga$w tho r•qiir•mw*8 ofth? MAC.
mojor￿kS
The MAC con8id8r8 lh8 m8ior ri8k8 lo %%*bKh the Charlty L8 exposed e8labUshe$ 8ysleTh* lo mlllgale those
risks. The ri8k8 f8clng the Charity Inchjtje Ihe Slate ol r•paw ol IM dwrche8 afKI the financwl roquir8menlB to
meel day lo dayathninistrallon. The fabiic oleKh clK¥th is conlKiua#y monStorgJ bythe CI¥Jrth￿, 8UtHYord&)s
and reporlfjd upon to ihe •A4C', the fin8nc85 are cor*roll¢d ty cweful budoetlng aThJ wlort app$o1 to tho
worshlpers Bnd olher luNI raislrKJ aclmues.

Drdft Flnanclal Statements al 04Aprfl 2024 at 16:28:OB
AFON NEDD MINISTRY AREA
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Plans for futuro perfods
As Ihls 18POrtl6 being ￿MPri&￿, Ih8 new MinislryAT8a Is ex8mSning Its PTiOrtUes and alms. Thls Is belng dong In
¢¢)nlunctlon I￿1h the A￿eacOn3 ol the Dloeese of Uandaff as ￿ ol IheAr m$4Iat￿ W¢XO88. ThiB IB a
de￿lopIng process as Ihe Mlnl8ty continu88 lo'bed in" and rthU(y)8hlps are formod vAlh It
rtstiluenl churche8, thelr memlJ8rs and organ6satkn$ kniol¥eAI.
In Ilght oflhi8 our major priortty conllrMJe8 to be IheTAbeiw clowctyvJregakn8 fOll￿A￿g th8 ￿￿O￿aod gffec18
of Ihe pan(kml
H￿&ve[, we asplre Ih8t withln th6 next ye8r w8 can conskler the f(hI￿Ang..
To conb'nue ¢￿r w)rk vlth children. ￿5￿lIng Messy Church ts held more rngulaty; That's￿￿&v's Cc*Jl'
conllnu88 to gr(Av and lo work al daveloF4rYJ youlh mlntslry g?nwg1ty, bulldlng on Ih began by the
Engagèment Olllcer aThd the Faith Mgttrf inhlalfvv.
To IDok at the of our chuch iKrildros to devdcy better faclmtles r•Jular malntenarKe of them
In conluncllon wllh the rthty constituted Propety 9nd c￿￿h8$ Tearn CPACTI
, To conunue thlth Ihe regular prnyor & t4tl8 St￿ gro
. To dovelop and ￿Y)lInUe wothing ¥Alh scho¢A8 kn the MlnlBtry Ar88 and. In partlcular. oty Clwrch Scfv)ol.
. To 1081er and enhance cL¥Dm￿Ity vthlro IhroiNJh tho Brftm Fwry Communlty sh￿ and th8 group¥ that
use Ty Sanle8 Falr.
. Tol conllnue lo *lth Chuth Togth 9￿POrt tho of Foodbank.
Th& bAAiun8 well Ihar*8 ty and large to thg¢onllnued siw(xl andf*lsdoffl dlhe MhstyAr•a L•Ad•r, MAC
find the mony vdunl¢ers wtho wlllln&4y givè ol their Ilmo arKI w•rbnca.
8tructurffi gov•rn•nc• and m•n*g•m•nl
Th& Alon Nadd Mlnl81ry Ar88 {ANMAI (￿ne Into belng cn t1￿ Jar•Jary 2022. It compiiS•G th9 fcqm8r ParlJh68 of
SK&wen 8ThJ Brlton FenylLl8n8ewel tho Reclortal 88Mfice of N••lh **th6ch wa8 ro918ter8(l Ihe ChaTIty
Comml8slon on 9 Fobnjary 2010 under Iho nBm• ol R.B. Neath Parcthi81 C￿rth Councll IPCCI. The charlly number
18 1134218. The n8wANMA rel￿￿$ the samé thartty numbw. It perfMn8 Its r￿8 throlyh Ihe Mlnlstry Area Coundl
(MAC) whkh18 Iho name of the Iruslee body In F4ace ol tho PCC.
Ch￿Ch Wlding8 th the B*￿fiCe..
Sl Thon)a$' Church
SI DBYld'6 Ch[￿h
Sl lIttyd￿ Chlbrch
Ss P81era Pours Clwr¢h, Cknla- C1)sed4Th￿8w8ttl￿ crfrndun(kn¢y.
Sl Teilo'3 Churth. Tonm8wr
Sl JOI￿,8 Church. Sk8wen
SI Chu￿, Uansay￿1
Ty Sant88 Falr, Skewen

Draft Flnanctal Statements at 04 Aprfl 2024 at 16:2UqJ8
AFON NEDD MINISTRY AREA
TRUSTEES REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Mlnlstry T•am
MlnislryArea Leader (In¢umbent}.'The Rev'd Canon Lynd8
MI￿s1ryArOa Lay Chalt:
Mark Rilzm
Team ffi¢8r8:
Reverend Retrm, Re¥erthJ Chfis C(Ae$
CurJt¢:
Vacant
Deacon:
Ro¥erer￿ Lozy Tr￿￿NICholLI 31* 08¢amiw 2023)
Reader."
Wardens and MAC M•mb&rnhlp
MA Leadefs Warden
MA PeO8'8 K￿den
Judlm Ccle
MA Trèasurer
Paul Bar¥￿(0X Offkno)
MACoun¢ll M•mb•r•
si. Iiityd's Church
St. Thom88' Chur¢h
Sl. Davbd8'8 Church
Clarn E¥ans, ￿fjn Berwbett
Sl John's Skewen
Kay BrlttM. HcMeN Pr
Sl Mory'8 Brllon Ferry
N811 H¢7well8. AlIK￿ Frartl#
SL T•lkn's Church
CovOPt•d hl•mb•r•:
Gw Calder IMA Bookke8POT)
C8lhArchard Isafeguarthng Cffico
Judth (MAC seth1￿)
The Iwslg88 re[￿ was woved by the Board ofTnxtO95.
Mr P J Bonnell
Tru•l•e
Tho RovwMd C8n(m L.E. Nff*m
Trusts•

Oraft Fln•ncl•T Slatsments at 04 Aprtl 2024 at 15:115-.34
AFON NEDD MINISTRY AREA
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
To fvlty V4ilh Ihe prO￿lC￿S of CtX)stMul1￿ ol the Cljvrth In Vkles in thh)Islefing Ihe ANMA
vAth wr seven ¢MJi¢hes d St ThLrfn8s, Sl llltyd. St Dabid. Sl Jthn, Sl Mary. Sl T￿5). and Ty &nle8 F*r.
The Church kn ￿￿leS Is a wilhln the Ajigkgn and. 88 suth, ex15ts lo adwar￿ Ihe
Chlislian relbJloA Ihrough missirj). Th8 objeca of Iho PAA Councl i& io enJure Ih81 Ihe
k ofllw Clwjrth wmhkn thè kllthlry Are• h*s lo thal mlsskn. Ixrth and nbx¢ wkl*.
. Th• MAC. kn not 8 tndy cwale. Its r>)mwwticffi. and are reoul81gtJ by the
Conslllution of in Wal8s. as frtyn lkn& lo Ilmo by tts Govemkng 8ody. $&t up undgr
Section 13 {11 of Ihe Welsh ChLKcthes Ad 1914. arg at an arThJal vtsstry modiThJ whlth must
tak8 pl8C8 on C￿ before ￿ Aw4. Th• rwgons nam88 are enterod IM) th8 F.leL#cnl RON aro enllllod
lo volé and to sland lor eloGtk)n. B•lor6 assU￿rya offlc•, o¥ery mwnber of th8 ￿ Coundl mLb6t Glgn
dedoratkn Ihal he or she bC￿d by ts c(￿￿11tutkn.
The Rgpr8aantallve Bc#Yy of Iho Chlxeh in v￿leS hokts t1￿ land a)d pro￿rtY ot thé C￿rth In Wal88.
du¢Jng St. Thm8', St Wfyrfs. Sl. D￿tt6. Sl Jthn. St Mary. Sl Telo. and Ty S9nt¢s Falr bulld1￿5, Ihelr
¢c￿tents and giounds. The Repr•s￿￿tI￿ Body is an Exgmpt Charily and w&8 up s￿IK)n 13
{2) of Ihe Clwfth Ac48 1914. 11 ad8 on behall ol th8 ￿0¥ince kn poykng Iho 61Wids ol fu￿tIm0
rgy.
1118 the re8PM6U)dily of the Mini81ry Lè8d8f {IrvJJnknl, Il* Minislry Chair ond Ihè MAC to
con6ulI tty3ether and lo ¢TrO￿ra16 In al mèltrfs of cort￿n aThJ impor181￿* 10 ts b8nefice lor the
womollon of the wholo MIS￿On ol the Chw¢h, pastwal. ev8roekgtk. god81 e¢umenKal *rylhln lh¢ MA.
The MAC 18 8180 responwble l(* MA tr￿get8nd ￿ 8¥p￿dAUrI Ihw• undw. ¢w• and mainl8narKA
ol the thurch fobrtc, 9rouwwJ5 and ¢hurcFtyard. The 16 allo Ihe norT￿l thanMI d DJmmunk4tbn
belw¢•n pwIsl￿n*S Ihe Blslw d Il* dkxem.
. ￿h1n the MA is Ahjwman Sd￿. Th16 sclM)oI N8 to the will ol Aldarman Joth Da
who left ¥ legacy f(x Its I0￿￿kn9 kn 1719. The I*.￿sIry Arèa C0J￿11. Ilnujmbsnl), the C*w¢hw8nJ¢ns.
Iho'ovèrseer3 of the Bie the Tntsiees. They h8nd Ihe da￿lC￿Y wnnhw of the sdbx4 10 a Gowinkng
B¢yJy appaini8d in 8c¥xJidan¢o wlh pr•8•nl day Educth"ort L¢wL¥ti￿. Th• cimlcdum laughl is in
a¢¢C¥dan￿ wAh Ihfj t￿ts ol Iha Cl￿1(* kn
. Th• MA h¥8 a po81(nl irt•r8st In Ihe U￿￿￿1￿n Alm8 I￿n￿j ￿ 1897. Mknl8try
Arn8 L•ader 1$ th• ¢)nty 8X¥offiw TDJ81•• ol thi8 d)athy.
The Objective of Ihe Afon Nedd MI￿1ry Area its set￿n churthe¥ is Ihe Mlsslon 8nd mlnl$lry ol Ihe
Chik%lian COmftK￿lty ￿ this place. Thls is lry *1 its 4*iilual 6￿jaI ad(￿11￿￿. Th888 are
desLYlbed In detall kn Ihe Mintslry Area Le8derfs Pa¥lw4 r¢wi Is we8enlod al th¢ Annual
Vestry Mcoting. The ￿me obie¢tiVg is Iho ￿lo￿Tal￿on ol Chiis¥an wor81wp ￿ Sundays aThJ piSncSpal fee
IJ8y8 and Ihe wod&malM)n ol Ihe gospel Ihrouoh Ihis wornhip. This Mlsslon Is acoJm[4i8h￿ kn fx>opwath)n
%¥llh the D￿X￿e ol u￿daff and Iho Ama Deanery ol Nealh & Port Tglbol.

Draft Flnan¢l*l Stst•m•nt• at 04 Aprfl tt24 It 1S:OS:34
AFON NEDD MINISTRY AREA
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AFON NEDD MINISTRY AREA
l Teport lo Ihe twslees on my exsmlnètbn ol the fthancl4 $tstèrne￿ ofAfon Nedd m￿Are3 Ohe charttyl for th¢
yèaf andad 31 Dec￿nI￿r 2023.
R￿pOnsIbIlItIat and ba•h of r•pcAt
AB lh8 Irustaès ol Ihe tharily you are resp￿*18 ts the W￿8[￿11￿ ol the financi￿ In al￿rd￿n￿ wlh
tho r¢qulremenls of Ch•ltl8sAd 2011 2011 kl).
I rèpotl iii Itt¥p￿a of iny 8xaininaliLW ol Ilw ethaiills fM)andal Ststsmenls cIMr￿1 oul U[￿8￿ Sèdi(￿ 145 ol Ihe 2011
Acl, In canylng ovt my examinalion I have al opO"cabba tir8dions ￿ by the Charty Comrnlub)n
under 8edH)n 145(5)Ibl ol Iha 2011
Ind•pond•nt •xamln•e$ 8tsi•m•iit
Sln¢¢ th¢ charli￿S gross exceeded £2Y).OC#) your t￿M￿or rnisi be a n￿Mi￿)r of a bc¥ty lislgd In ¥¢¢tbn
145 01 the 2011 Act. I Confi￿ that l am qUalif￿d lo w￿￿rtake the ex8min•litin b8e4we l am A member ol lh8
Assodallon of Ch•rt•red Certbfted A¢¢owrtants. Is on• oflha todlo&
Yow 8ll*thon ss drwn 19 lh8 f8¢a th•t Il* h•8 wepared finarnaol $181em8rt8 Yi ¥oxJrdarth wllh k¢otsnting
and RapC￿lIng by Charltl88 ￿1r acc4)unts in aCt￿ar￿ wllh Ihe Fry*ndal &gnd8rd 4)FIic8blo
in th8 UK &nd R8yJbllc ol Ireland {FRS 102} In prèlérence lo the /+£awnlhg ar¥J R8portkny by Charflies.. Stalèmanl
of Ra(x)mme4Kled Prth rdwwj l• r8lwi•J io kn Iho ext*)I f•gul8t*)n8 Iwt has n(￿ bean
vAthdrawn.
l UThjer￿and thBI thki h•¥ b•en d￿e In order kn Inondd al•t¢mw* lo prthide o Iruo wvj lalr In awd4n
w*h Gener811y Acwted A￿￿￿￿ting effedp•VJ kn rewrtlng w¥)th bBgnnkng ijn or 1 January 2016.
I h8w ¢ompleted my ex8n*￿tkIn. l ¢*n&m th81 r•J mal¢ws haK• ￿me to my •lIen0c￿ in torn￿￿0n wlth thè
8￿mInatiOn wing mo cause lo Ih81 kn any M￿O￿al res￿..
)untlng re¢4ids nol kept In 1•6PeL# of Ihe rjwly #s r•qL*ed ty ￿ 130 of I￿ 2011 Ac4: or
Ihe finarKiol glalements do nol 8¢C4vd with tfv)se rec(xd3", or
Iho finarK4al sl•18m•nls do Ihe appi*abk• i•]ulrem8nts fAincAryrn*vJ th8 lomi ¢￿)ten1 of
XCo￿ts 6el ¢)ul In Ihe Charttles IAc¢ounls and Reports) Rwl8ti￿$ 2C>J8 other Ihw any WUlr￿0nI Ihat Ihe
Igtr Is nol 8 mallef ts)n•hjW￿ as part ol I￿•pen￿l exwnlroli(*).
I havo no o)ncems aThl have ¢crn a(¥05s M olher m8lters In 0)nne¢￿ wxh Ihe examlnokn to T￿Ich attenllc
shc*ld bu drawn h Ihls i•pJrt in wdor lo •nabl8 a oflh• thlemenls lo bè raathed.
Rlch8rd N Chapple ACCA
WBV Llmlt•d
Th8 Thlrd Fk>y
Langdon Hou88. Road
SA1 Swansoa ￿lOrfrOnt
Sw8n3e8
SAI BQY
Wales

Draft Flnan¢lal Stat•m•nts at 04 ApTtI 2024 at IS:IIS".J4
AFON NEDD MINISTRY AREA
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrnstrlctod Rmtrlctsd
fvnd•
fvnds
2023
202J
Total Unrnstrlcted R•strlctsd
funds
funds
2022
2022
Tot*1
2023
2022
Nots•
Income from..
Oonalions 8n(118g8aes
Charilable aCtI￿tieS
Olher Itbding aL*MII88
InveBlments
82,087
176.517
19)
495
8.106
62237
178,012
94.4(
4.213
228.365
163.782
98.341
515
5270
233,835
163,782
1C4.023
521
Total Incom•
329,936
6,934 336,870
491,(KJ3
10.958
&Jl,981
Ch8ritai4e a¢UvAles
383.033
2.257
3852
34S.282
IM48
348.930
N•t Intomollexpgndllurnl •nd
mov•Fnonl In fibnd•
I33,￿n
(28,420)
145.721
9.310
155.031
Reconclllatlon ol fund•:
Fund balan￿* at l January
2023
517.611
291.1￿5
371.8
281.785
653,675
Fund b•tAnc•• •t 31
D•c•mb•r 2023
184,614
295.7n
780.286
517,611
291.095
808.7C
The sl8l•monl of finan¢lal adlvllkn Inr￿￿1•$ al and lostes Ihe year. AM knrxyne aThJ expendllw¢
doth4¢ from condnuwyd a¢11¥￿$.
The n81 tr￿ement In unr•8trlcl•d fiJN1s of £146.721 In 20r2 ¢4•h r•SW￿l ￿ ai 1 J¥KI￿ 2022
pertalnlng to parlshes that were Ml part ol the lo date. The amourt re(*W totamod
£147,104.

Draft Fln#nclal Statements at 04 Apvll 2024 at 16'.05:34
AFON NEDD MINISTRY AREA
BALANCE SHEET
AS AT31 DECEMBER 2023
21123
3022
Flx•d Ai8•t8
Tangible 48sè18
11
215,311
218.294
Curr•nt 418•ts
Sloc*s
Debtors
Cash at b8nk and kn h•nd
12
13
2.730
11.099
7.171
7.443
577.578
603,181
Cr•dltor•: •mounts f&Hlng du• vAthln
year
14
12.rt
10.769
Nel (#JThert 889•ts
.97S
592.412
Tatal a•••t• t*￿ ¢urrnnt Ilabllitl••
780.286
808.708
Ytt• fund• of th• th•rlty
R•stricl•d In￿M￿ funds
Unre8lrld¢d fvrrfls
29S.772
484,514
291,095
517.611
7K1286
Th8 Ikiandal 8lJl•m8nts were awov•d by tho Irustth& on.........................
Mr P J 8ernott
Th8 R•wrar¥J CarKffi L.E. Nwwm8n
Tru•l••

Draft Flnanclal Ststem•nts at 04 Awll 2024 ¥t 15:06:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
AcGounling poWcl•$
Charlty Informallon
Afon N*Jd Mini31ry Ar￿ is a Chwfty. *llh lh• Chaiiy CryNnl￿knft 9 Fetsu*y 2010. Tho ¢h8rfly
number Is 1134218.
1.1 Aceounllnu eonv•ntlon
The ffian(i31 stat8ments h8vé been pl￿•d ￿ a¢))ydanea **lh Ihe Charl￿¥ Ala 2011. the in Wal&s
AccounllrvJ Reoulatlons. the Fknartdal Rep￿j Slandard a[￿1￿#t1￿ In UK and Repthlc ol lrnland. fFRS
102.1 and thè ChariliR8 SORP"ArxouNing •nd Rep￿111￿ by Charit￿8.. Slalemni of R8￿MMended Pracll
applcable lo charttbti5 praparing th9¥ accourts in aLwdarth w*h Ihg Financaal ReFthlng &Andard
applicable In the UK Repu￿¢ ol Ireland {FRS 102)" (effeclvo 1 January 2019). The r*aity is a Pubb'c
Benefft Ertity a8 defined by FRS IIJ2.
The thadty has taken thanlago tsl thè prO44S￿)￿ kn th8 SORP charMl•s nol lo 4 St818m8nl of
C&sh Flow8.
The finortlal 51alèm•nis ha￿ departed from tho ChaTltles {A¢(xiunts R•rth8) Rogulallons 2008 Io
Iht exlenl rèqulred lo wovkle 8 tnje lalr Thls departure ha5 Inv￿e*l Ihe Slalemeni ol
Practic8 lor tharikn•8 ap￿1¥¥j FRS 102 rathw than Wrnbon of SlalwngTrt
R¢c£fftnd•d Pradl¢¢ vthb* Is releffed lo In lh8 Rogulalb)n8 wPdch ha6 thc4 b•8n w#hdrAWn.
Tho financtal $18¢effl￿1# ￿ woparod Ya ￿ fu￿1￿￿•1 (awre￿ of th8 th*lty. Monatary
8mounl6 In Ihe6e Iln*dd st8tement8 8r• rounded to the noare81 £.
Th• lI￿n￿oI 81alp1T￿jts h8¥0 wpored undar th L?}￿ o)n4tr1th. The prlndp•l w¥J)untff
polkb8 8doFi•J 8r¢ set tyjt bel￿.
1.2 Golng conc•m
Al tho tlmo ol apprn￿n9 Ihe fThndg18tsiement$. th8 INstees a reason8trkn expecta11￿ Ihai the ch•ty
has 8dequ8te re8tyJrces lo cmtknue In ¢we￿I￿1 exknIe￿ for Ihe ltsrosee8ble hJlur¢. Thus Iwsla6s
¢onlknLto lo adoN the {>)￿M of Ihe ffinancial Slatw
IJ Ch•rlt•bl• lund•
Unreslrid8d fund6 •r8 a¥tht40 lor u8• at th• th8L¥di￿ of Ihe Iru81886 kn fiwiheranc• of ihelr thwit8t49
obbctlve5.
Reslrthd funds art subloct to spe¢Jfi¢ cordtlon8 by c* pr￿1018 #B th8y m•y be used. Th•
PUFWJ5éS and u8e$ ol Ihe reslrkled frjnds Bre se¢ Lwl In Ihe notes to the fin*d81 statemenl
1.4 In¢¢yn•
In￿rnIng fe3OmS we al lor gro88.
Gfanls and legrn er¥ accwnted lor the MAC1s legalty enllued lo the ¥mwnts du&. Al dher hu)mè
18 genor8Hy when il is

Drnft Flnanclal Stat•D￿nt# at 04 WII 2024 at 1S'.05:J4
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢eounllng poll¢les
(Continued)
1.$ Expèndlture
Parish share is pakl regul81ty and ig ind￿led Ihe yow lo il ralai88.
Unrestrkled lund gratrts are wnised **then deleffl￿n￿ ty Ihe MAC.
t$ re￿Ived ydlk8Uy lor 1Th8t￿n& w8 d•&1 vthh 88 ra8trid&J tho W*"ly (or p8y11￿* '
r8¢wlsed t*hwi Iho amounts are rec•tr¥ed.
Al olhor genernI￿ rg¢¥w116d when it 18
1.6 T•nglblo flx•d •8•01•
TanglL48 fixed 86s6ts ar8 Inltiawy rr•a8w•d al Cl￿ and outs￿enUY n*awred 81 txAt ￿ v￿011￿. n•1 of
depredallon and any IMp*m￿l b)sS￿.
Depredal1￿ Is recogn16ed 80 as lo *ryfve off the c461 of aM¢t$ less IW rosk*Jal Val￿ u¥8r th
V￿lu1 Ilves on Iht lolkwkng bases..
Fr••hold land and tsjlldlngi
Flxlur88 and tIIIiv48
Ml doyedatkn 8NI SO I￿8 b•ky4V)
The gah) ￿ b)88 on Ihe dl8tw)sel ofen a¥ael Is detem￿Md 08 lh8 dIYera￿e bew) lh• Ml8 pro￿d*
and the ￿rI￿n9 offv aB8el. ar￿ i• w9n1B￿ ollkn•rthl
c￿jrCh b￿dIn￿ oxcept a8 noted in f￿0 11 to Ihe awxMml$ aro in Th8 R8pr888nl8lNe body oftho
Cthur¢h In wa￿$. c￿$¢qUenty. r¥Jne tsl th1$ prcwrty fomw w101 IM a860ts ol I￿ B8nofYA. Prtr¥*lon for
dowedatlon ol prq)erNes help by the Parish, Is mad¢ as lollcws'.-
Cural•'¥ Hou¥• *1 Lillkn L*wis Ro•d. Neath
NIL, a$ merkgl valuè16 8we8d io be ln exrAss of rAW..
Church Hall al Cthmla
Ill￿ off over￿) y￿$ from 1￿.
1.7 Imp•1M￿lt of flx•d •o••ts
Ai eath rewrtlno eTrS dele. th¢ tharfty rèylews Ihe cwryivd •mounls of Ils lan￿b* BS3ets lo d¢tsmilne
whtrth81 Ihore is •ny indicatiC￿ Ihal Iho8e as8et8 ha¥8 $Lthed on impgimgnl k)￿ 118ny suth inthcation
4x￿t$, thè rnco¥¢rth affi0￿1 of the a880116 è6lhn*od In ￿der lo d•twmln8 th• oxl¢nt of tho inw8lrme
h)66 I￿ 8ny).
lj Slock6
Slocks ar• 81 the af¢osl roalsabkn vakn.
1.9 C•$h and cash ooulva￿n(S
Ca¥h 8nd cash 8qwv8l•nts inc*MJo r•h in hgrd depo￿ h8k1 8t (¥# wilh bAnks. olhw 8W.14m) Ilquhj
veslmenis wilh Or￿.￿81 malurtlk8s ol thrBe mL¥th8 (Y188B. bank o%vdrafi8. owrthafts aTe 8FMYWn
within borr￿￿93 In ujrrenl Ik2blities.
10-

Draft Financlol Statemenls •t 04 April 21124 at 15:OS:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR TrIE YEAR ENDED 31 DECEMBER 2023
orne from donalions and log￿1¢*
Unrnstrictéd R•8trl¢t•d
lund8
funds
2023
2023
Totsl iknT•strlct•d R••trtct•d
futhds
lund8
2022
2022
Totsl
2023
2022
Donal￿nS and gifts
Oonalad go¢ds
Beths
62,087
Is)
62237
81,201
5270
86,471
147.181
147,164
62.087
1FJ)
82237
228.386
5,270
233.635
Donatlon¥ •nd gbft•
Leg8ae8 aNI ger￿Tal
donollon8
DBF Grant
For
34.141
22.9)4
150
34,291
.484
18.417
S3,684
18.417
4,892
4.892
Notional Hthlio
Othèr
5.170
5.170
150
82,C¢7
2237
81.201
5.270
88.471
Oonated ooodg *nd •*NI¢•g
The. ¥M￿1n1 incliided in ?022 ielaled lo cash r•88r4ns Ixoughi Icthfwd Irom Pi¥Jf y&&rs. which w8rn
Inlr(wJuc8d to Ihe Alon NOJ MI￿$¢ry the folc*NINJ I1￿0 ¢tsMtkns: Sl Iho B4xisi, Sl M*$
Brflon Forry and Ty Santes.
tom• from ch•rftsbl• a¢ll¥ltl•#
Unrn•ttlct•d R••lrf¢t•d
lund8
2023
Tiknl ilwmtrlct•d R￿lI1¢tod
fund•
fund•
2022
2022
Tol•l
2023
2023
2022
Dlrect glviAg- plann•d
131.196
131.691
114.415
114,415
Dir•et glving- oth
Iwjme trom
13.945
13.945
12.W)2
12.9)2
Indir•ct givlng- tsx r•fund•
IrKome frctyn
>J.378
3e.465
36.485
175.517
176.012
163.782
163.782
11

Draft Flnanelal Statements at 04 Awll 2024 at 16:05:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Incom• from oth•r tradlng actlvlil•8
Unr•8trlct•d RMtrlet•d
funds
2023
Totsl Unr•Btrld•d RMtrt¢tsd
lunds
fvnd$
2021
2022
Totsl
23
2023
2022
Trndlng acllmlly
88,302
98.341
5,682
104,023
2022
Pkn)n•yra￿ln9
Magazlno sthAtslpllons arK1 ad￿5
Ebwls
Tfj8co Vw¢h•r Schamo
3.543
40.339
1.250
Housa rental
Church bulldlng renlal
Weddirys. I￿er￿S aThJ wwi
Lotiery bonus boll
Other Bundry in¢tyno
14.075
19.220
8.423
29,764
104.023
Incom? Irom Inv•slm•nl•
(InrnAtrlci•d Ro•trlc
fund*
fund•
2023
2023
Totsl Unr•Btrlctod RMtrf¢t•d
nd•
funds
2022
2022
Total
2023
3022
Int¢rtst recer+rnbla
4.OYJ
183
4.213
515
621
12-

r*ooirJ
¢Drrwinr
5 * (o
11152&1iilailll' Ill

c£ec•èuc
iÈII,'Jliss111}1
<3C

Draft Fln*nelo1 Stat•ments at 04 Aprll 2024 at 15:05'.34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Churlt)bl• activittes
Outslde Parl•h
Chr65ban
SyrLa Earthquake Appeal
Bthlsh Rad Cr05S
CarKor Rosearch
s AlrAmbulanr
Royal Brltlsh Legkin
Gaza App8al
938
4,197
In•ld• Parfsh
Chufclw Tcylh
DBF Fund
651
Hom•
Salvallon Arniy
Naalh Rolgry Cl
3ingh8m Shiln•
Fiiend8 trfp8
SLmdiy don￿lOn Sl Dwrf$ Chwth
Sundry dcfflalion SIThomas's Church
Sundry donation Sl T•Uo'$
Twjlu 0￿¥
Nealh YMC.A
M188ionlgrÈnt
P¢)ph8m Klthoy R88oarch
11x1
1.140
8.578
11.3n
Tru•t•••
Nonè ol the tiuslees (or pl1¥￿S (x)nne(awJ wlh th•m) r8mLww¥IKffi ￿ b8n8fft8 Irom th•
th8rily dwing tho yO8r.
EmpW••8
a¥*r8o¢ mMIIty nurnbor oleMpl)￿￿•S Ihe ￿ w88..
2023
umb•r
2022
Numb
15
15
So18rieg for 2023 were £18.158 (2tr22 £14.870)
so￿al s8(￿ntY eosis lor2023 were £40212021 É23n
Penslon costs lor 2QJ wern £17312022.. E99)
16-

Drnft Fln*ncl#l Stal•mgnl• at 04 Awll 2024 at 1S:OS:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Ta￿tIon
Tho ¢*4rlly ￿ exempl from lax*ion cffi Its becw8e al118 lor dw18b￿ purFrt)888.
11 T•nglbl• flx•d ￿¥0￿
•Dd l¥JMlng•
Co•t
Al l Jonuary 2023
232.493
48.741
279,234
Ai 31 Oeexnbef 2¢)23
232.493
18.741
279,234
O•pr•¢l•tlon and Imp•lmwnl
At l January 2L12J
O¢wedatlon tharged In the yew
39,874
62,940
Al 31 Dwiber 2023
40.857
63.923
Carrylng •mounl
Al 31 20Z3
209,427
215.311
Al 31 DofAmb•r 2022
209,427
8N7
216.294
The Frt•hold18nd and ixAdkngB c(￿..-
Curate'$ Hou80- LiltK8 H8¥en
,427
Exp8ndlture ￿ Sl P•l8r ￿￿j Sl Pauf8 Clx*th Ham 23.1
12 Stotk¥
2023
2022
Raw mal8rlal8 and
2,730
13 D•btorn
2023
2022
Amounts fjlllng du• wlthln ono w.
Othef debtcrfs
7.171
17-

Draft Financlal Ststèmènts •t 04 AprS12024 at IL"06:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS {cO￿riNUED1
FOR THE YEAR ENDED 31 DECEMBER 2023
14 Crndltorn: amtyjnts lalllng wllhln on• y•ar
2023
2022
(Xhar credltors
AeA*Jals and delw￿j h)tY
7.201
s,￿9
5.400
12,f￿1
10,769
16 R•slrlcted lund•
Th8 ifistricted fundy ol the ch•ity aimprm lh8 unexpended b8larMxs ol gran18 hèhl on In*1
Io Spedtk ¢(￿dI￿OnS by as to h(yw Ihey moy ba u%8d.
ovement In Iurtds
l 102>
•xp•nd•d 31 0•￿ThI
23
stawwd81Mp. L*4¥reAYA funds
Steward8hlp- Prop8ty lund
Stewardshlp. PwocN81 mlss4oM
Stvword8hip- Sl Thoffl￿ to￿1 re81(Yalknn
Sl Dawds. FFi￿￿6
St D8Mld$- Res￿rat￿
Sl Da¥ids- Org8n (und
Sl DaNlds. Suvpkis lund
St Thoma8- FrlgNI8
St Thoma8- R•8toraUon
St Illlyd- CharK*I r8serve IwKI
St Illlyd- Fiiends
13,648
213.828
978
18,242
16,758
13,646
213,826
978
18,242
21,515
7,052
2.825
11,810)
3.229
11e
12,011
6,170
14041
12,011
5.170
143)
387
291,095
(2,2571
295.772
18 Unvthlct•d fund•
Th8 Unrgsl￿t8d funds of tho ¢**ity ¢(mWI￿ Ihe un8¥)￿ded balawK•s ol donauc￿S and grants whlc* are
JI wJbjecl10 8pedfl¢ tsjndltlons by and granlors as to tsjw tlw may be UBO(l. The8¢ In¢￿de
de8l¢n•led luNt$ been $¢1 asbje of urwestsic4ed by 1ruste￿ lor wific puw*e8.
At 1 Janu•ry
2023
In¢omlw RMourc•s
At31
rttourc•• •xp•nd•d D•e•mb8r
2023
517.811
329.936
1363.033)
484.514
-18-

Draft Financial Statw**nts at 04 Aprfl 2024 at 16".06.'34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMEMfs ICONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
76 Unr8slAetsd funds
I¢MtlI)u6dl
Pr•vlov8 wr.
At 1 J•nuiry
2022
Inct)mlmg Ro•ouY¢
expèndèd
At31
D•c•mber
2022
G8n8ral lund8
371.8
491.C
P45,282)
517,811
17 An8ly•l• ol n•t •g8•t• ftmds
UTrr••trf¢t•d
fund•
2023
RMlrtct•d
ndB
2023
Total
2023
Fund b4l•n¢e* at JI D•c•mb•r 21J23 Ar• r•pr•i•nt•d by:
Twgible asse18
Curienl au¢tsl(Uabllll￿)
3.797
480,717
211,514
84,256
215,311
S64.975
484.514
295,772
7ao.288
Unr•JJtrlcbd
lund•
2022
R••trlctsd
lund•
2022
Totsl
2022
Fund balan¢•• •t 31 DeG•mb¢r 2022 4r• r•prn••nt•d lry:
T8iigibl8 ¥88018
Currenl as6eWk8Wllll88)
4,376
513,235
11.918
79.177
211J,a94
592.412
517.611
291.095
808,708
-19-

Draft Fln8ncial Ststomonts at 04 Aprll 2024 at IS:05:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
18 Flnanclal coNthnltm•nts. guarnnt••s and continglnt li•billtl•8
SL Illtyd's Church
t￿1￿9 Ihe year endod 31si Ofscomber 2(m akl*J refuthshment wa$ ¢cffipleled on Sl. Illyd
Chvrth. The pr*Y ¢))Bl apwDxMnatdy $283.2fy) was by the H*llw Lolttty Fund, CADW and
Bw8fi¢8 lunds.
Th• lemis of HwIl￿ Lollery Fwd ￿an1 ￿1￿￿￿1• that the grnnl li rewable tf th•'Apwob*J Usag8 (rf
th& t￿1¢)￿9 ceases: 11 Is noi lime limilwj. .1 h• term5 01 the LAOW grant Ih4t tt Is fepoyablo 11 tho
buikjlng ceases for Wors￿"p V*ittrth 5 y&grs ol Ihe £want belThJ ￿de.
St. Davld'• Church- r•furbl•hm•nt
Durlng Ihe yoar eThYed 3181 Dacember 2C07 reffiJtA£hment w(vk c*)n¥neTh*d ￿ St. D¢vbJ's Chufch. The
on Iho labrk of Ihe tr￿dd￿¥j h88 been lunded by grnnts trom Ihe Herttoge Lotièry Fund. NPTCBC and from
fund$ from within Ihe Churth. Tho H81*89• L￿tery FU￿1 grani 8t1pl￿te8 Ihat rt is repayabl• if Ihe bulklkng
Ca9$98 forWOrn￿ vAlhln 10 y8ats. Th8 C￿￿ted Ihe ￿81 end&J 3131 D8c•nber 2010.
St. D•vld's Chur¢h . To%wr
The woigcl was C4YnF181ed durkng 2015.
bl¥rtdard condllims r•lallng to lh• rep￿M￿l d th8 orarts thxld w(*thi) al tho ch￿th ¢owi
wlthln 8 8t1pU￿lod wic4J. alè In place.
8L Thoin••' ChuYGh - T1)￿r
t￿lIn9 2015 a fund w88 I￿nd￿d I¢yw f•P8lr8 lo bB oui.. llis f3￿ In 2018.
19 Reht•d party trnn•aGtlon•
TheT¢ wero no +*¢h)sgtA• rei*od p¥ty ITpM•ts• the y¢ar12tr22. Mne).

Ministi"y
Area
ed

Draft Flnanclal Ststements at 04 Aprll 2024 at 16:67:19
Charlty reglstratlon number 1134218
AFON NEDD MINISTRY AREA
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
*fo
Ministi"y
Area

Draft Flnanclal Statem•Dts at 04 ArAII 2024 ¥t 15-05..34
AFON NEDD MINISTRY AREA
LEGAL AND ADMINISTRATIVE INFORMATION
Truste•*
Al members ol the MAC are ¢*wAy trus18&8
Charfty numb•r
1134218
Prlnclpal addr•••
23 L￿d￿n R¢￿d
Naath
SA11 ILE
Ind•p•ndent 8xamln•r
Rkthard N Chap￿ACcA
V Lkntt•J
Th8 TNrd Fljor
Lan•10) l&)uw, L¥W Rogd
SA1 SwanBOO V￿l•rflONI
SA18QY

Drnft Flnanclal Ststwnents •t 04 Aprfl 2024 at 16:05:34
AFON NEDD MINISTRY AREA
CONTENTS
P•q•
Trustea8 rnwjrl
lThJop8ndtnl Mi>Jl
ststeMw￿ of fwwK4al ¥¢lwAi•8
8heel
Ntstes to th• fknandal ￿thMents
9-20

Draft Flnanclal Stat•ments at 04 Apfll 2024 at 18:28:08
AFON NEDD MINISTRY AREA
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Th8 tru8te88 kYe8ont Ihglr ann￿1 report fKwicl81 sfatemerts for yow ended 31 De¢thMlw 2023.
flnan¢lal slatemenls havebeen In accordar￿a￿lthth0 arJ￿r11r￿a pol¢*8 8&t tyjtln not8 lo tho fln￿a
8tstemants and comply ￿th lh6 ￿1￿1S g0vem￿j dlxumenl, Charllles Act 2011,.Accwn￿ftg ar￿ ReFthlng by
CharNle8'. Slatem8ni of Recommended Prxtke aFvlicable to ¢h¥tlth pre￿ng th6ff accwnts In accofd8n¢e vlth
the Finandal Reportlng Standard appllcat4e In UK c41rn18Th1 (FRS 1W2Y {8ff8cUvo 1 J8Nary 2019)
and tho Church r8wdalw8.
Obl•¢tlv68 and aGtlvltl•s
The prtynollon ol tho whole ￿￿$610n olthg pa8tornl, v48W8Uc. S(￿181 In Parfsh.
rovigw our alma, oblecllve8 8nd actfvllleg gach year. Thls review look8 81 ￿at w& have 8d)16ved and the
(￿rt¢0M•S of cur In the pr8vth8 t￿7¥8 months. Th8 alBO h*¥ u5 lo an8ure (xx alm8. ob)èths and
acllw'lleB remaln fwu8ed on our 8talod obj￿1¥85. h8ve referr&J to th8 guklance contaln8d In Ihg Charlty
Commlil￿￿'8 gen&ro1 guld8[￿6 on public bènefit vfvn rebknAng alms and obl￿b¥e6 In Jonrdng our lulurg
ac1￿lI1es, In partlcutar the 8p¢¢ttk guidance on Charmes for tho 8dvanc8rnent ol Thi¥ en8ur88 Ihol we
Gonilnue c¥Jr pu￿098 of enctyJr8s4ThJ bdiets, 1on¢ts Prac￿¢￿ of CM8tlwlty, Ihareby ￿kIr￿j folltrAwo
and by ar￿j¥s91n9 I￿l&l8ung the practice of the Chrttllan Fth by exlBtkro fdlmrs.
En(¥Juraglng and fwlitallry t￿ pr*¥ ot tho Chrl8tl•n Fth by chur￿￿$ *AWGh kndudes the fonwAwJ'."
The pro￿￿On end malnterranc8 of th8 Churche
Gonducilng row18r Chil$lian *YKshlp In the I￿11￿￿0
. The celebrallon of thtr Hoty E￿hartS1, bgptlwns, mar•8 ond
Th8 malnttrnance ol chrI8tt￿ pla¢80
Promouro th8 Bludy of Chri81k*n I8￿h1n9, pr8dke8 ar¥J 8¢rf￿U
Safeguardw pc4ldos arts kn pixe at all clKYches
Followlng both Church In gnd DIoc684n i)Jd
In 8ddMlon lo the above, Chrlsli8n devotlond ads 8nd ￿troach *vrk18 carrled wt Incknjing:.
. M8111ng lh8 ddf.
. Admlnisleflng the gacfamen18 to th086 urwblé lo allwvj rgw acts to ihb 8lc* and d￿.
Supportlng pastoral work.
Supporliro work carried rAI by olhwCM'8t￿ ageth.
. Fo8terfn9 ecum8nkal flnks betMen dlfferent Chr1611an Iradltkns.
To fadlltal• thkry wth11 Is IMP￿tsnt thAt w• mdntaln the fabrf¢ rllhe CIMKcheL
Achlèvem•nts ind p•rformanc•
Slgnific8nl acfvlffas and achI8￿men18 8g8ln¥l 01¥￿1￿
We have 256 onThe Electoral Rol 011￿ MlnlstyATea. Thè pandemlc h•6 an off￿t on K4llfe r￿d worsNp
In tt)e chwch. In 2022, Ihe Church of Solnt Pelèr Paul was ckwj. oThJ Iha declarntlon of redundancy
1$ aw*t•d.
RevererKI Alfjs￿ Reeves vfds winled a$ tha De￿ In tho 8ro Arn￿ Mimty Am In th8 DtOC888 of Sglnt
Oavld'B and18ft the MirislryP408 1)efore Easter. Thwe are rKMI iwo va￿￿e9 ￿ Ihe mie olTeam IllcBr.
Reverend Ltr￿e Trèmbl￿1¢￿￿1ls W Ihg I4&nlsty Arna at IhD rhj of l)w&nbw 2023 lo conllnue her traknlng
th8Aber￿on Mlnl8tryArea.

Draft Flnanclal Statements at04 Aprtl 2024 at 16:28:08
AFON NEDD MINISTRY AREA
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Re¥kn ofthe year- ForAMtherdelaMs phase lh8 H￿￿A￿a Report ￿2024
Hmvw, ￿ongS1 some of the ¥tithe8 that tL** In Ihè MIr￿￿e• to th8 erwj of 2023:
. Thg 14trJ8tsrd Seed ProipLI St￿ted by RevereThJ AM Gon1kn￿lI0 provlde 8odd Interaclth 8B wnll
home for Wl Foodt•
. Me88y Church wa8 relaWth￿ in Ihe N88lh ec￿8111￿￿ lo the exdleAt *YJrk dono In
Skob￿) by Ihfi 8xlslkng Messy Clxth Tewn Ilwe.
. Th8 work of the MotheTS Branche8 MA was 8lrwVhen&l and 8UPPThtod n•w
members and teok part In 8 Thjffltér of 6v8nlB. Ind4*Jlrg a Bannel F￿lIV81 In Uandaff Cathedr81.
. Th• Noolh con8tlluerq reknunched 118 S￿￿•Y 'SLWKWs Coc4" riTh alon98id8 the
11.00￿ E￿h￿Ist kn Saftt Davkl's Chwth.
. Members ofth8 MA attended Llondaff Calhfdrnl E￿￿8￿ 88 pgrl olthe neh¥orf(Ir¥J •rrnngomgDlg
tho fjocesè.
. Th8 oul¢JooT Nafmty SeThlce on Ad y Bryn k) Tonmwhy con11rm￿ to bo 8 regLlar s￿90nd1 ￿￿t.
. Saint Mary's ClyJch Hall was $ohJ arKJ coTrJi8g8lk)n ar• cortlrnlng to ¥AKI plan lor
rodev¢lopment of thg rear ol chuTth for 6c*381 pKIM"lies.
. The Pwlsh Relreal look placo 81 Salnl Te￿.$ CIKK¢h lft T+rn ¥1￿1$ toAel Y Bryn Fwm a￿￿
meal tOg6lher 818ryn Belw8.
. An Art8 Fè8dval kKJk rAace In frkath In t4 partkpated ￿ vonw lor dl•F4oy8
and aclmlles.
. The 8ale cl Salnl cathert￿.• Chwch Clwx¢h Hal tAtyre ¢￿￿p1￿$ lolThvlrvJ Iholr c*JN¥o 8FMI
rtsdund8ncy.
FlnBncl*l r*vlew
The ov•rall finar￿la1 re81lts indK81e that both unre8lrkted and restric￿ ILrwJ8 ￿elated surplu8es. Tho
deiail8d results ate thBdos00 in the attached ￿￿￿￿1 slatemerts.
Resorve8 PL4icy
The MAC ha8 a poly of ro1air¥ng resrm fLnJyto ¢onlIn￿l ofthe Mlrrf8lryArea. su￿￿3 lunth,
where av8ilobl8, aro r81akntd M 8 Trga$w tho r•qiir•mw*8 ofth? MAC.
mojor￿kS
The MAC con8id8r8 lh8 m8ior ri8k8 lo %%*bKh the Charlty L8 exposed e8labUshe$ 8ysleTh* lo mlllgale those
risks. The ri8k8 f8clng the Charity Inchjtje Ihe Slate ol r•paw ol IM dwrche8 afKI the financwl roquir8menlB to
meel day lo dayathninistrallon. The fabiic oleKh clK¥th is conlKiua#y monStorgJ bythe CI¥Jrth￿, 8UtHYord&)s
and reporlfjd upon to ihe •A4C', the fin8nc85 are cor*roll¢d ty cweful budoetlng aThJ wlort app$o1 to tho
worshlpers Bnd olher luNI raislrKJ aclmues.

Drdft Flnanclal Statements al 04Aprfl 2024 at 16:28:OB
AFON NEDD MINISTRY AREA
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Plans for futuro perfods
As Ihls 18POrtl6 being ￿MPri&￿, Ih8 new MinislryAT8a Is ex8mSning Its PTiOrtUes and alms. Thls Is belng dong In
¢¢)nlunctlon I￿1h the A￿eacOn3 ol the Dloeese of Uandaff as ￿ ol IheAr m$4Iat￿ W¢XO88. ThiB IB a
de￿lopIng process as Ihe Mlnl8ty continu88 lo'bed in" and rthU(y)8hlps are formod vAlh It
rtstiluenl churche8, thelr memlJ8rs and organ6satkn$ kniol¥eAI.
In Ilght oflhi8 our major priortty conllrMJe8 to be IheTAbeiw clowctyvJregakn8 fOll￿A￿g th8 ￿￿O￿aod gffec18
of Ihe pan(kml
H￿&ve[, we asplre Ih8t withln th6 next ye8r w8 can conskler the f(hI￿Ang..
To conb'nue ¢￿r w)rk vlth children. ￿5￿lIng Messy Church ts held more rngulaty; That's￿￿&v's Cc*Jl'
conllnu88 to gr(Av and lo work al daveloF4rYJ youlh mlntslry g?nwg1ty, bulldlng on Ih began by the
Engagèment Olllcer aThd the Faith Mgttrf inhlalfvv.
To IDok at the of our chuch iKrildros to devdcy better faclmtles r•Jular malntenarKe of them
In conluncllon wllh the rthty constituted Propety 9nd c￿￿h8$ Tearn CPACTI
, To conunue thlth Ihe regular prnyor & t4tl8 St￿ gro
. To dovelop and ￿Y)lInUe wothing ¥Alh scho¢A8 kn the MlnlBtry Ar88 and. In partlcular. oty Clwrch Scfv)ol.
. To 1081er and enhance cL¥Dm￿Ity vthlro IhroiNJh tho Brftm Fwry Communlty sh￿ and th8 group¥ that
use Ty Sanle8 Falr.
. Tol conllnue lo *lth Chuth Togth 9￿POrt tho of Foodbank.
Th& bAAiun8 well Ihar*8 ty and large to thg¢onllnued siw(xl andf*lsdoffl dlhe MhstyAr•a L•Ad•r, MAC
find the mony vdunl¢ers wtho wlllln&4y givè ol their Ilmo arKI w•rbnca.
8tructurffi gov•rn•nc• and m•n*g•m•nl
Th& Alon Nadd Mlnl81ry Ar88 {ANMAI (￿ne Into belng cn t1￿ Jar•Jary 2022. It compiiS•G th9 fcqm8r ParlJh68 of
SK&wen 8ThJ Brlton FenylLl8n8ewel tho Reclortal 88Mfice of N••lh **th6ch wa8 ro918ter8(l Ihe ChaTIty
Comml8slon on 9 Fobnjary 2010 under Iho nBm• ol R.B. Neath Parcthi81 C￿rth Councll IPCCI. The charlly number
18 1134218. The n8wANMA rel￿￿$ the samé thartty numbw. It perfMn8 Its r￿8 throlyh Ihe Mlnlstry Area Coundl
(MAC) whkh18 Iho name of the Iruslee body In F4ace ol tho PCC.
Ch￿Ch Wlding8 th the B*￿fiCe..
Sl Thon)a$' Church
SI DBYld'6 Ch[￿h
Sl lIttyd￿ Chlbrch
Ss P81era Pours Clwr¢h, Cknla- C1)sed4Th￿8w8ttl￿ crfrndun(kn¢y.
Sl Teilo'3 Churth. Tonm8wr
Sl JOI￿,8 Church. Sk8wen
SI Chu￿, Uansay￿1
Ty Sant88 Falr, Skewen

Draft Flnanctal Statements at 04 Aprfl 2024 at 16:2UqJ8
AFON NEDD MINISTRY AREA
TRUSTEES REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Mlnlstry T•am
MlnislryArea Leader (In¢umbent}.'The Rev'd Canon Lynd8
MI￿s1ryArOa Lay Chalt:
Mark Rilzm
Team ffi¢8r8:
Reverend Retrm, Re¥erthJ Chfis C(Ae$
CurJt¢:
Vacant
Deacon:
Ro¥erer￿ Lozy Tr￿￿NICholLI 31* 08¢amiw 2023)
Reader."
Wardens and MAC M•mb&rnhlp
MA Leadefs Warden
MA PeO8'8 K￿den
Judlm Ccle
MA Trèasurer
Paul Bar¥￿(0X Offkno)
MACoun¢ll M•mb•r•
si. Iiityd's Church
St. Thom88' Chur¢h
Sl. Davbd8'8 Church
Clarn E¥ans, ￿fjn Berwbett
Sl John's Skewen
Kay BrlttM. HcMeN Pr
Sl Mory'8 Brllon Ferry
N811 H¢7well8. AlIK￿ Frartl#
SL T•lkn's Church
CovOPt•d hl•mb•r•:
Gw Calder IMA Bookke8POT)
C8lhArchard Isafeguarthng Cffico
Judth (MAC seth1￿)
The Iwslg88 re[￿ was woved by the Board ofTnxtO95.
Mr P J Bonnell
Tru•l•e
Tho RovwMd C8n(m L.E. Nff*m
Trusts•

Oraft Fln•ncl•T Slatsments at 04 Aprtl 2024 at 15:115-.34
AFON NEDD MINISTRY AREA
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
To fvlty V4ilh Ihe prO￿lC￿S of CtX)stMul1￿ ol the Cljvrth In Vkles in thh)Islefing Ihe ANMA
vAth wr seven ¢MJi¢hes d St ThLrfn8s, Sl llltyd. St Dabid. Sl Jthn, Sl Mary. Sl T￿5). and Ty &nle8 F*r.
The Church kn ￿￿leS Is a wilhln the Ajigkgn and. 88 suth, ex15ts lo adwar￿ Ihe
Chlislian relbJloA Ihrough missirj). Th8 objeca of Iho PAA Councl i& io enJure Ih81 Ihe
k ofllw Clwjrth wmhkn thè kllthlry Are• h*s lo thal mlsskn. Ixrth and nbx¢ wkl*.
. Th• MAC. kn not 8 tndy cwale. Its r>)mwwticffi. and are reoul81gtJ by the
Conslllution of in Wal8s. as frtyn lkn& lo Ilmo by tts Govemkng 8ody. $&t up undgr
Section 13 {11 of Ihe Welsh ChLKcthes Ad 1914. arg at an arThJal vtsstry modiThJ whlth must
tak8 pl8C8 on C￿ before ￿ Aw4. Th• rwgons nam88 are enterod IM) th8 F.leL#cnl RON aro enllllod
lo volé and to sland lor eloGtk)n. B•lor6 assU￿rya offlc•, o¥ery mwnber of th8 ￿ Coundl mLb6t Glgn
dedoratkn Ihal he or she bC￿d by ts c(￿￿11tutkn.
The Rgpr8aantallve Bc#Yy of Iho Chlxeh in v￿leS hokts t1￿ land a)d pro￿rtY ot thé C￿rth In Wal88.
du¢Jng St. Thm8', St Wfyrfs. Sl. D￿tt6. Sl Jthn. St Mary. Sl Telo. and Ty S9nt¢s Falr bulld1￿5, Ihelr
¢c￿tents and giounds. The Repr•s￿￿tI￿ Body is an Exgmpt Charily and w&8 up s￿IK)n 13
{2) of Ihe Clwfth Ac48 1914. 11 ad8 on behall ol th8 ￿0¥ince kn poykng Iho 61Wids ol fu￿tIm0
rgy.
1118 the re8PM6U)dily of the Mini81ry Lè8d8f {IrvJJnknl, Il* Minislry Chair ond Ihè MAC to
con6ulI tty3ether and lo ¢TrO￿ra16 In al mèltrfs of cort￿n aThJ impor181￿* 10 ts b8nefice lor the
womollon of the wholo MIS￿On ol the Chw¢h, pastwal. ev8roekgtk. god81 e¢umenKal *rylhln lh¢ MA.
The MAC 18 8180 responwble l(* MA tr￿get8nd ￿ 8¥p￿dAUrI Ihw• undw. ¢w• and mainl8narKA
ol the thurch fobrtc, 9rouwwJ5 and ¢hurcFtyard. The 16 allo Ihe norT￿l thanMI d DJmmunk4tbn
belw¢•n pwIsl￿n*S Ihe Blslw d Il* dkxem.
. ￿h1n the MA is Ahjwman Sd￿. Th16 sclM)oI N8 to the will ol Aldarman Joth Da
who left ¥ legacy f(x Its I0￿￿kn9 kn 1719. The I*.￿sIry Arèa C0J￿11. Ilnujmbsnl), the C*w¢hw8nJ¢ns.
Iho'ovèrseer3 of the Bie the Tntsiees. They h8nd Ihe da￿lC￿Y wnnhw of the sdbx4 10 a Gowinkng
B¢yJy appaini8d in 8c¥xJidan¢o wlh pr•8•nl day Educth"ort L¢wL¥ti￿. Th• cimlcdum laughl is in
a¢¢C¥dan￿ wAh Ihfj t￿ts ol Iha Cl￿1(* kn
. Th• MA h¥8 a po81(nl irt•r8st In Ihe U￿￿￿1￿n Alm8 I￿n￿j ￿ 1897. Mknl8try
Arn8 L•ader 1$ th• ¢)nty 8X¥offiw TDJ81•• ol thi8 d)athy.
The Objective of Ihe Afon Nedd MI￿1ry Area its set￿n churthe¥ is Ihe Mlsslon 8nd mlnl$lry ol Ihe
Chik%lian COmftK￿lty ￿ this place. Thls is lry *1 its 4*iilual 6￿jaI ad(￿11￿￿. Th888 are
desLYlbed In detall kn Ihe Mintslry Area Le8derfs Pa¥lw4 r¢wi Is we8enlod al th¢ Annual
Vestry Mcoting. The ￿me obie¢tiVg is Iho ￿lo￿Tal￿on ol Chiis¥an wor81wp ￿ Sundays aThJ piSncSpal fee
IJ8y8 and Ihe wod&malM)n ol Ihe gospel Ihrouoh Ihis wornhip. This Mlsslon Is acoJm[4i8h￿ kn fx>opwath)n
%¥llh the D￿X￿e ol u￿daff and Iho Ama Deanery ol Nealh & Port Tglbol.

Draft Flnan¢l*l Stst•m•nt• at 04 Aprfl tt24 It 1S:OS:34
AFON NEDD MINISTRY AREA
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AFON NEDD MINISTRY AREA
l Teport lo Ihe twslees on my exsmlnètbn ol the fthancl4 $tstèrne￿ ofAfon Nedd m￿Are3 Ohe charttyl for th¢
yèaf andad 31 Dec￿nI￿r 2023.
R￿pOnsIbIlItIat and ba•h of r•pcAt
AB lh8 Irustaès ol Ihe tharily you are resp￿*18 ts the W￿8[￿11￿ ol the financi￿ In al￿rd￿n￿ wlh
tho r¢qulremenls of Ch•ltl8sAd 2011 2011 kl).
I rèpotl iii Itt¥p￿a of iny 8xaininaliLW ol Ilw ethaiills fM)andal Ststsmenls cIMr￿1 oul U[￿8￿ Sèdi(￿ 145 ol Ihe 2011
Acl, In canylng ovt my examinalion I have al opO"cabba tir8dions ￿ by the Charty Comrnlub)n
under 8edH)n 145(5)Ibl ol Iha 2011
Ind•pond•nt •xamln•e$ 8tsi•m•iit
Sln¢¢ th¢ charli￿S gross exceeded £2Y).OC#) your t￿M￿or rnisi be a n￿Mi￿)r of a bc¥ty lislgd In ¥¢¢tbn
145 01 the 2011 Act. I Confi￿ that l am qUalif￿d lo w￿￿rtake the ex8min•litin b8e4we l am A member ol lh8
Assodallon of Ch•rt•red Certbfted A¢¢owrtants. Is on• oflha todlo&
Yow 8ll*thon ss drwn 19 lh8 f8¢a th•t Il* h•8 wepared finarnaol $181em8rt8 Yi ¥oxJrdarth wllh k¢otsnting
and RapC￿lIng by Charltl88 ￿1r acc4)unts in aCt￿ar￿ wllh Ihe Fry*ndal &gnd8rd 4)FIic8blo
in th8 UK &nd R8yJbllc ol Ireland {FRS 102} In prèlérence lo the /+£awnlhg ar¥J R8portkny by Charflies.. Stalèmanl
of Ra(x)mme4Kled Prth rdwwj l• r8lwi•J io kn Iho ext*)I f•gul8t*)n8 Iwt has n(￿ bean
vAthdrawn.
l UThjer￿and thBI thki h•¥ b•en d￿e In order kn Inondd al•t¢mw* lo prthide o Iruo wvj lalr In awd4n
w*h Gener811y Acwted A￿￿￿￿ting effedp•VJ kn rewrtlng w¥)th bBgnnkng ijn or 1 January 2016.
I h8w ¢ompleted my ex8n*￿tkIn. l ¢*n&m th81 r•J mal¢ws haK• ￿me to my •lIen0c￿ in torn￿￿0n wlth thè
8￿mInatiOn wing mo cause lo Ih81 kn any M￿O￿al res￿..
)untlng re¢4ids nol kept In 1•6PeL# of Ihe rjwly #s r•qL*ed ty ￿ 130 of I￿ 2011 Ac4: or
Ihe finarKiol glalements do nol 8¢C4vd with tfv)se rec(xd3", or
Iho finarK4al sl•18m•nls do Ihe appi*abk• i•]ulrem8nts fAincAryrn*vJ th8 lomi ¢￿)ten1 of
XCo￿ts 6el ¢)ul In Ihe Charttles IAc¢ounls and Reports) Rwl8ti￿$ 2C>J8 other Ihw any WUlr￿0nI Ihat Ihe
Igtr Is nol 8 mallef ts)n•hjW￿ as part ol I￿•pen￿l exwnlroli(*).
I havo no o)ncems aThl have ¢crn a(¥05s M olher m8lters In 0)nne¢￿ wxh Ihe examlnokn to T￿Ich attenllc
shc*ld bu drawn h Ihls i•pJrt in wdor lo •nabl8 a oflh• thlemenls lo bè raathed.
Rlch8rd N Chapple ACCA
WBV Llmlt•d
Th8 Thlrd Fk>y
Langdon Hou88. Road
SA1 Swansoa ￿lOrfrOnt
Sw8n3e8
SAI BQY
Wales

Draft Flnan¢lal Stat•m•nts at 04 ApTtI 2024 at IS:IIS".J4
AFON NEDD MINISTRY AREA
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrnstrlctod Rmtrlctsd
fvnd•
fvnds
2023
202J
Total Unrnstrlcted R•strlctsd
funds
funds
2022
2022
Tot*1
2023
2022
Nots•
Income from..
Oonalions 8n(118g8aes
Charilable aCtI￿tieS
Olher Itbding aL*MII88
InveBlments
82,087
176.517
19)
495
8.106
62237
178,012
94.4(
4.213
228.365
163.782
98.341
515
5270
233,835
163,782
1C4.023
521
Total Incom•
329,936
6,934 336,870
491,(KJ3
10.958
&Jl,981
Ch8ritai4e a¢UvAles
383.033
2.257
3852
34S.282
IM48
348.930
N•t Intomollexpgndllurnl •nd
mov•Fnonl In fibnd•
I33,￿n
(28,420)
145.721
9.310
155.031
Reconclllatlon ol fund•:
Fund balan￿* at l January
2023
517.611
291.1￿5
371.8
281.785
653,675
Fund b•tAnc•• •t 31
D•c•mb•r 2023
184,614
295.7n
780.286
517,611
291.095
808.7C
The sl8l•monl of finan¢lal adlvllkn Inr￿￿1•$ al and lostes Ihe year. AM knrxyne aThJ expendllw¢
doth4¢ from condnuwyd a¢11¥￿$.
The n81 tr￿ement In unr•8trlcl•d fiJN1s of £146.721 In 20r2 ¢4•h r•SW￿l ￿ ai 1 J¥KI￿ 2022
pertalnlng to parlshes that were Ml part ol the lo date. The amourt re(*W totamod
£147,104.

Draft Fln#nclal Statements at 04 Apvll 2024 at 16'.05:34
AFON NEDD MINISTRY AREA
BALANCE SHEET
AS AT31 DECEMBER 2023
21123
3022
Flx•d Ai8•t8
Tangible 48sè18
11
215,311
218.294
Curr•nt 418•ts
Sloc*s
Debtors
Cash at b8nk and kn h•nd
12
13
2.730
11.099
7.171
7.443
577.578
603,181
Cr•dltor•: •mounts f&Hlng du• vAthln
year
14
12.rt
10.769
Nel (#JThert 889•ts
.97S
592.412
Tatal a•••t• t*￿ ¢urrnnt Ilabllitl••
780.286
808.708
Ytt• fund• of th• th•rlty
R•stricl•d In￿M￿ funds
Unre8lrld¢d fvrrfls
29S.772
484,514
291,095
517.611
7K1286
Th8 Ikiandal 8lJl•m8nts were awov•d by tho Irustth& on.........................
Mr P J 8ernott
Th8 R•wrar¥J CarKffi L.E. Nwwm8n
Tru•l••

Draft Flnanclal Ststem•nts at 04 Awll 2024 ¥t 15:06:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
AcGounling poWcl•$
Charlty Informallon
Afon N*Jd Mini31ry Ar￿ is a Chwfty. *llh lh• Chaiiy CryNnl￿knft 9 Fetsu*y 2010. Tho ¢h8rfly
number Is 1134218.
1.1 Aceounllnu eonv•ntlon
The ffian(i31 stat8ments h8vé been pl￿•d ￿ a¢))ydanea **lh Ihe Charl￿¥ Ala 2011. the in Wal&s
AccounllrvJ Reoulatlons. the Fknartdal Rep￿j Slandard a[￿1￿#t1￿ In UK and Repthlc ol lrnland. fFRS
102.1 and thè ChariliR8 SORP"ArxouNing •nd Rep￿111￿ by Charit￿8.. Slalemni of R8￿MMended Pracll
applcable lo charttbti5 praparing th9¥ accourts in aLwdarth w*h Ihg Financaal ReFthlng &Andard
applicable In the UK Repu￿¢ ol Ireland {FRS 102)" (effeclvo 1 January 2019). The r*aity is a Pubb'c
Benefft Ertity a8 defined by FRS IIJ2.
The thadty has taken thanlago tsl thè prO44S￿)￿ kn th8 SORP charMl•s nol lo 4 St818m8nl of
C&sh Flow8.
The finortlal 51alèm•nis ha￿ departed from tho ChaTltles {A¢(xiunts R•rth8) Rogulallons 2008 Io
Iht exlenl rèqulred lo wovkle 8 tnje lalr Thls departure ha5 Inv￿e*l Ihe Slalemeni ol
Practic8 lor tharikn•8 ap￿1¥¥j FRS 102 rathw than Wrnbon of SlalwngTrt
R¢c£fftnd•d Pradl¢¢ vthb* Is releffed lo In lh8 Rogulalb)n8 wPdch ha6 thc4 b•8n w#hdrAWn.
Tho financtal $18¢effl￿1# ￿ woparod Ya ￿ fu￿1￿￿•1 (awre￿ of th8 th*lty. Monatary
8mounl6 In Ihe6e Iln*dd st8tement8 8r• rounded to the noare81 £.
Th• lI￿n￿oI 81alp1T￿jts h8¥0 wpored undar th L?}￿ o)n4tr1th. The prlndp•l w¥J)untff
polkb8 8doFi•J 8r¢ set tyjt bel￿.
1.2 Golng conc•m
Al tho tlmo ol apprn￿n9 Ihe fThndg18tsiement$. th8 INstees a reason8trkn expecta11￿ Ihai the ch•ty
has 8dequ8te re8tyJrces lo cmtknue In ¢we￿I￿1 exknIe￿ for Ihe ltsrosee8ble hJlur¢. Thus Iwsla6s
¢onlknLto lo adoN the {>)￿M of Ihe ffinancial Slatw
IJ Ch•rlt•bl• lund•
Unreslrid8d fund6 •r8 a¥tht40 lor u8• at th• th8L¥di￿ of Ihe Iru81886 kn fiwiheranc• of ihelr thwit8t49
obbctlve5.
Reslrthd funds art subloct to spe¢Jfi¢ cordtlon8 by c* pr￿1018 #B th8y m•y be used. Th•
PUFWJ5éS and u8e$ ol Ihe reslrkled frjnds Bre se¢ Lwl In Ihe notes to the fin*d81 statemenl
1.4 In¢¢yn•
In￿rnIng fe3OmS we al lor gro88.
Gfanls and legrn er¥ accwnted lor the MAC1s legalty enllued lo the ¥mwnts du&. Al dher hu)mè
18 genor8Hy when il is

Drnft Flnanclal Stat•D￿nt# at 04 WII 2024 at 1S'.05:J4
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢eounllng poll¢les
(Continued)
1.$ Expèndlture
Parish share is pakl regul81ty and ig ind￿led Ihe yow lo il ralai88.
Unrestrkled lund gratrts are wnised **then deleffl￿n￿ ty Ihe MAC.
t$ re￿Ived ydlk8Uy lor 1Th8t￿n& w8 d•&1 vthh 88 ra8trid&J tho W*"ly (or p8y11￿* '
r8¢wlsed t*hwi Iho amounts are rec•tr¥ed.
Al olhor genernI￿ rg¢¥w116d when it 18
1.6 T•nglblo flx•d •8•01•
TanglL48 fixed 86s6ts ar8 Inltiawy rr•a8w•d al Cl￿ and outs￿enUY n*awred 81 txAt ￿ v￿011￿. n•1 of
depredallon and any IMp*m￿l b)sS￿.
Depredal1￿ Is recogn16ed 80 as lo *ryfve off the c461 of aM¢t$ less IW rosk*Jal Val￿ u¥8r th
V￿lu1 Ilves on Iht lolkwkng bases..
Fr••hold land and tsjlldlngi
Flxlur88 and tIIIiv48
Ml doyedatkn 8NI SO I￿8 b•ky4V)
The gah) ￿ b)88 on Ihe dl8tw)sel ofen a¥ael Is detem￿Md 08 lh8 dIYera￿e bew) lh• Ml8 pro￿d*
and the ￿rI￿n9 offv aB8el. ar￿ i• w9n1B￿ ollkn•rthl
c￿jrCh b￿dIn￿ oxcept a8 noted in f￿0 11 to Ihe awxMml$ aro in Th8 R8pr888nl8lNe body oftho
Cthur¢h In wa￿$. c￿$¢qUenty. r¥Jne tsl th1$ prcwrty fomw w101 IM a860ts ol I￿ B8nofYA. Prtr¥*lon for
dowedatlon ol prq)erNes help by the Parish, Is mad¢ as lollcws'.-
Cural•'¥ Hou¥• *1 Lillkn L*wis Ro•d. Neath
NIL, a$ merkgl valuè16 8we8d io be ln exrAss of rAW..
Church Hall al Cthmla
Ill￿ off over￿) y￿$ from 1￿.
1.7 Imp•1M￿lt of flx•d •o••ts
Ai eath rewrtlno eTrS dele. th¢ tharfty rèylews Ihe cwryivd •mounls of Ils lan￿b* BS3ets lo d¢tsmilne
whtrth81 Ihore is •ny indicatiC￿ Ihal Iho8e as8et8 ha¥8 $Lthed on impgimgnl k)￿ 118ny suth inthcation
4x￿t$, thè rnco¥¢rth affi0￿1 of the a880116 è6lhn*od In ￿der lo d•twmln8 th• oxl¢nt of tho inw8lrme
h)66 I￿ 8ny).
lj Slock6
Slocks ar• 81 the af¢osl roalsabkn vakn.
1.9 C•$h and cash ooulva￿n(S
Ca¥h 8nd cash 8qwv8l•nts inc*MJo r•h in hgrd depo￿ h8k1 8t (¥# wilh bAnks. olhw 8W.14m) Ilquhj
veslmenis wilh Or￿.￿81 malurtlk8s ol thrBe mL¥th8 (Y188B. bank o%vdrafi8. owrthafts aTe 8FMYWn
within borr￿￿93 In ujrrenl Ik2blities.
10-

Draft Financlol Statemenls •t 04 April 21124 at 15:OS:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR TrIE YEAR ENDED 31 DECEMBER 2023
orne from donalions and log￿1¢*
Unrnstrictéd R•8trl¢t•d
lund8
funds
2023
2023
Totsl iknT•strlct•d R••trtct•d
futhds
lund8
2022
2022
Totsl
2023
2022
Donal￿nS and gifts
Oonalad go¢ds
Beths
62,087
Is)
62237
81,201
5270
86,471
147.181
147,164
62.087
1FJ)
82237
228.386
5,270
233.635
Donatlon¥ •nd gbft•
Leg8ae8 aNI ger￿Tal
donollon8
DBF Grant
For
34.141
22.9)4
150
34,291
.484
18.417
S3,684
18.417
4,892
4.892
Notional Hthlio
Othèr
5.170
5.170
150
82,C¢7
2237
81.201
5.270
88.471
Oonated ooodg *nd •*NI¢•g
The. ¥M￿1n1 incliided in ?022 ielaled lo cash r•88r4ns Ixoughi Icthfwd Irom Pi¥Jf y&&rs. which w8rn
Inlr(wJuc8d to Ihe Alon NOJ MI￿$¢ry the folc*NINJ I1￿0 ¢tsMtkns: Sl Iho B4xisi, Sl M*$
Brflon Forry and Ty Santes.
tom• from ch•rftsbl• a¢ll¥ltl•#
Unrn•ttlct•d R••lrf¢t•d
lund8
2023
Tiknl ilwmtrlct•d R￿lI1¢tod
fund•
fund•
2022
2022
Tol•l
2023
2023
2022
Dlrect glviAg- plann•d
131.196
131.691
114.415
114,415
Dir•et glving- oth
Iwjme trom
13.945
13.945
12.W)2
12.9)2
Indir•ct givlng- tsx r•fund•
IrKome frctyn
>J.378
3e.465
36.485
175.517
176.012
163.782
163.782
11

Draft Flnanelal Statements at 04 Awll 2024 at 16:05:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Incom• from oth•r tradlng actlvlil•8
Unr•8trlct•d RMtrlet•d
funds
2023
Totsl Unr•Btrld•d RMtrt¢tsd
lunds
fvnd$
2021
2022
Totsl
23
2023
2022
Trndlng acllmlly
88,302
98.341
5,682
104,023
2022
Pkn)n•yra￿ln9
Magazlno sthAtslpllons arK1 ad￿5
Ebwls
Tfj8co Vw¢h•r Schamo
3.543
40.339
1.250
Housa rental
Church bulldlng renlal
Weddirys. I￿er￿S aThJ wwi
Lotiery bonus boll
Other Bundry in¢tyno
14.075
19.220
8.423
29,764
104.023
Incom? Irom Inv•slm•nl•
(InrnAtrlci•d Ro•trlc
fund*
fund•
2023
2023
Totsl Unr•Btrlctod RMtrf¢t•d
nd•
funds
2022
2022
Total
2023
3022
Int¢rtst recer+rnbla
4.OYJ
183
4.213
515
621
12-

r*ooirJ
¢Drrwinr
5 * (o
11152&1iilailll' Ill

c£ec•èuc
iÈII,'Jliss111}1
<3C

Draft Fln*nelo1 Stat•ments at 04 Aprll 2024 at 15:05'.34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Churlt)bl• activittes
Outslde Parl•h
Chr65ban
SyrLa Earthquake Appeal
Bthlsh Rad Cr05S
CarKor Rosearch
s AlrAmbulanr
Royal Brltlsh Legkin
Gaza App8al
938
4,197
In•ld• Parfsh
Chufclw Tcylh
DBF Fund
651
Hom•
Salvallon Arniy
Naalh Rolgry Cl
3ingh8m Shiln•
Fiiend8 trfp8
SLmdiy don￿lOn Sl Dwrf$ Chwth
Sundry dcfflalion SIThomas's Church
Sundry donation Sl T•Uo'$
Twjlu 0￿¥
Nealh YMC.A
M188ionlgrÈnt
P¢)ph8m Klthoy R88oarch
11x1
1.140
8.578
11.3n
Tru•t•••
Nonè ol the tiuslees (or pl1¥￿S (x)nne(awJ wlh th•m) r8mLww¥IKffi ￿ b8n8fft8 Irom th•
th8rily dwing tho yO8r.
EmpW••8
a¥*r8o¢ mMIIty nurnbor oleMpl)￿￿•S Ihe ￿ w88..
2023
umb•r
2022
Numb
15
15
So18rieg for 2023 were £18.158 (2tr22 £14.870)
so￿al s8(￿ntY eosis lor2023 were £40212021 É23n
Penslon costs lor 2QJ wern £17312022.. E99)
16-

Drnft Fln*ncl#l Stal•mgnl• at 04 Awll 2024 at 1S:OS:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Ta￿tIon
Tho ¢*4rlly ￿ exempl from lax*ion cffi Its becw8e al118 lor dw18b￿ purFrt)888.
11 T•nglbl• flx•d ￿¥0￿
•Dd l¥JMlng•
Co•t
Al l Jonuary 2023
232.493
48.741
279,234
Ai 31 Oeexnbef 2¢)23
232.493
18.741
279,234
O•pr•¢l•tlon and Imp•lmwnl
At l January 2L12J
O¢wedatlon tharged In the yew
39,874
62,940
Al 31 Dwiber 2023
40.857
63.923
Carrylng •mounl
Al 31 20Z3
209,427
215.311
Al 31 DofAmb•r 2022
209,427
8N7
216.294
The Frt•hold18nd and ixAdkngB c(￿..-
Curate'$ Hou80- LiltK8 H8¥en
,427
Exp8ndlture ￿ Sl P•l8r ￿￿j Sl Pauf8 Clx*th Ham 23.1
12 Stotk¥
2023
2022
Raw mal8rlal8 and
2,730
13 D•btorn
2023
2022
Amounts fjlllng du• wlthln ono w.
Othef debtcrfs
7.171
17-

Draft Financlal Ststèmènts •t 04 AprS12024 at IL"06:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS {cO￿riNUED1
FOR THE YEAR ENDED 31 DECEMBER 2023
14 Crndltorn: amtyjnts lalllng wllhln on• y•ar
2023
2022
(Xhar credltors
AeA*Jals and delw￿j h)tY
7.201
s,￿9
5.400
12,f￿1
10,769
16 R•slrlcted lund•
Th8 ifistricted fundy ol the ch•ity aimprm lh8 unexpended b8larMxs ol gran18 hèhl on In*1
Io Spedtk ¢(￿dI￿OnS by as to h(yw Ihey moy ba u%8d.
ovement In Iurtds
l 102>
•xp•nd•d 31 0•￿ThI
23
stawwd81Mp. L*4¥reAYA funds
Steward8hlp- Prop8ty lund
Stewardshlp. PwocN81 mlss4oM
Stvword8hip- Sl Thoffl￿ to￿1 re81(Yalknn
Sl Dawds. FFi￿￿6
St D8Mld$- Res￿rat￿
Sl Da¥ids- Org8n (und
Sl DaNlds. Suvpkis lund
St Thoma8- FrlgNI8
St Thoma8- R•8toraUon
St Illlyd- CharK*I r8serve IwKI
St Illlyd- Fiiends
13,648
213.828
978
18,242
16,758
13,646
213,826
978
18,242
21,515
7,052
2.825
11,810)
3.229
11e
12,011
6,170
14041
12,011
5.170
143)
387
291,095
(2,2571
295.772
18 Unvthlct•d fund•
Th8 Unrgsl￿t8d funds of tho ¢**ity ¢(mWI￿ Ihe un8¥)￿ded balawK•s ol donauc￿S and grants whlc* are
JI wJbjecl10 8pedfl¢ tsjndltlons by and granlors as to tsjw tlw may be UBO(l. The8¢ In¢￿de
de8l¢n•led luNt$ been $¢1 asbje of urwestsic4ed by 1ruste￿ lor wific puw*e8.
At 1 Janu•ry
2023
In¢omlw RMourc•s
At31
rttourc•• •xp•nd•d D•e•mb8r
2023
517.811
329.936
1363.033)
484.514
-18-

Draft Financial Statw**nts at 04 Aprfl 2024 at 16".06.'34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMEMfs ICONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
76 Unr8slAetsd funds
I¢MtlI)u6dl
Pr•vlov8 wr.
At 1 J•nuiry
2022
Inct)mlmg Ro•ouY¢
expèndèd
At31
D•c•mber
2022
G8n8ral lund8
371.8
491.C
P45,282)
517,811
17 An8ly•l• ol n•t •g8•t• ftmds
UTrr••trf¢t•d
fund•
2023
RMlrtct•d
ndB
2023
Total
2023
Fund b4l•n¢e* at JI D•c•mb•r 21J23 Ar• r•pr•i•nt•d by:
Twgible asse18
Curienl au¢tsl(Uabllll￿)
3.797
480,717
211,514
84,256
215,311
S64.975
484.514
295,772
7ao.288
Unr•JJtrlcbd
lund•
2022
R••trlctsd
lund•
2022
Totsl
2022
Fund balan¢•• •t 31 DeG•mb¢r 2022 4r• r•prn••nt•d lry:
T8iigibl8 ¥88018
Currenl as6eWk8Wllll88)
4,376
513,235
11.918
79.177
211J,a94
592.412
517.611
291.095
808,708
-19-

Draft Fln8ncial Ststomonts at 04 Aprll 2024 at IS:05:34
AFON NEDD MINISTRY AREA
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
18 Flnanclal coNthnltm•nts. guarnnt••s and continglnt li•billtl•8
SL Illtyd's Church
t￿1￿9 Ihe year endod 31si Ofscomber 2(m akl*J refuthshment wa$ ¢cffipleled on Sl. Illyd
Chvrth. The pr*Y ¢))Bl apwDxMnatdy $283.2fy) was by the H*llw Lolttty Fund, CADW and
Bw8fi¢8 lunds.
Th• lemis of HwIl￿ Lollery Fwd ￿an1 ￿1￿￿￿1• that the grnnl li rewable tf th•'Apwob*J Usag8 (rf
th& t￿1¢)￿9 ceases: 11 Is noi lime limilwj. .1 h• term5 01 the LAOW grant Ih4t tt Is fepoyablo 11 tho
buikjlng ceases for Wors￿"p V*ittrth 5 y&grs ol Ihe £want belThJ ￿de.
St. Davld'• Church- r•furbl•hm•nt
Durlng Ihe yoar eThYed 3181 Dacember 2C07 reffiJtA£hment w(vk c*)n¥neTh*d ￿ St. D¢vbJ's Chufch. The
on Iho labrk of Ihe tr￿dd￿¥j h88 been lunded by grnnts trom Ihe Herttoge Lotièry Fund. NPTCBC and from
fund$ from within Ihe Churth. Tho H81*89• L￿tery FU￿1 grani 8t1pl￿te8 Ihat rt is repayabl• if Ihe bulklkng
Ca9$98 forWOrn￿ vAlhln 10 y8ats. Th8 C￿￿ted Ihe ￿81 end&J 3131 D8c•nber 2010.
St. D•vld's Chur¢h . To%wr
The woigcl was C4YnF181ed durkng 2015.
bl¥rtdard condllims r•lallng to lh• rep￿M￿l d th8 orarts thxld w(*thi) al tho ch￿th ¢owi
wlthln 8 8t1pU￿lod wic4J. alè In place.
8L Thoin••' ChuYGh - T1)￿r
t￿lIn9 2015 a fund w88 I￿nd￿d I¢yw f•P8lr8 lo bB oui.. llis f3￿ In 2018.
19 Reht•d party trnn•aGtlon•
TheT¢ wero no +*¢h)sgtA• rei*od p¥ty ITpM•ts• the y¢ar12tr22. Mne).

Ministi"y
Area
ed

30110r2024, 19.'33
lknl. pA)vnnEiI@ntmx>rld.G￿. ￿ty00k
Outlook
RE.- Afon Nedd MA
From Laura Daniels <LauraD@wbv.hd.uk>
Date Tue 2024-10-29 4..50 AM
To
Paul Bennett <paul.bennett
hutchinsonthoma5.corn>,. Richard Chapple <richard@wbv.hd.uk>
11 attachments1177 K81
Accounts 31 Decernber 2023.pdt,
Cautlonl Th16 me$8Bge wa¥ 8enl from outslde your organlzatlon.
HI Paul,
We have now completed our Independent examlnatlon and can conflrm here are no issues noted and no
breache5 to report.
l attach a final copy of the accoLints.
I shall arrange for the accounts etc to be sent out for approval In due course. Please can you conflrm the best
addres5 for posts'n8P
Thanks,
Laura
Laura Danlels
Cllent Manager at W8V Accountants
A: The 3rd Floor,Langd¢)n ￿￿8￿,Langd0n Road.Sw8n8ea. SA18QY
Tr. Swan*e8".01792 652108 Neath.'01839 635556
LavraD@vkn¥.Itd.Ltk
un
Af no.JNI*NTS
-y< Qsaje
EOPLE
For Dl8cl4lm•rn,T•mis and Condltlon• Pl••￿ cll¢k h•rn.
hltys'.lknJUockots.tsynlmaivopbcffjslacc¢xJnts<ategoryl￿gTraturVa-Bu1xatsgory7nahv•V￿wan=l.2o24.925.20O