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2021-12-31-accounts

REGISTERED CHARITY NUMBER: 1134817

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd Y Pare Parc Menai Bangor Gwynedd LL57 4FE

BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 14
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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are to promote the whole mission of the Church, postoral, evangelistic and ecumenical, in the Ministry Arca.

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Ministry Area has continued to promote its objective of promoting the whole Mission of the church and in 2021 was able to complete the restoration work as advised by the architect of the Saint Cybi's (Grade 1 listed building) church.

FINANCIAL REVIEW

Financial position

During the year the Restricted fund has decreased while the Unrestricted Funds has increased. The restricted element has decreased from £156,476 in December 2020 to £97,880 as at December 2021. The Unrestricted Reserves have increased from £30,843 to £78,773 in the same peticd.

Reserves policy

The Ministry Area strives to ensure that there are sufficient funds to cover 6 months expenditure.

FUTURE PLANS

The Ministry Area intends to continue to promote its objectives of promoting the whole mission of the Church. In an effort to ensure its services and outreach are relevant to modern requirements, it is in dialogue with the Bangor Diocesan Board of Finance to consider any improvements which can be implemented.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Ministry Area is Governed by the Constitution of The Church in Wales, a copy of which can be viewed on their website.

Recruitment and appointment of new trustees Trustees are appointed at the annual Vestry by majority vote, following nomination from eligible persons prior to or while attending the meeting

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1134817

Principal address

108 Pare Tyddyn Bach Holyhead Anglesey

LL65 INZ i

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees Ms C Garrod MsG Jepson Ms S Lingwood Ms J M Waddington Mr C G Medley Ms EM Aldred Mr S J Hayter Ms L Ryder Ms G Samson Ms L Corrie Mr N Griffiths Ms M C Lee (resigned 21.4.21) Mr R Parry Ms P Naylor Ms C L Griffith Rev N Ridings Venerable A Herrick Ms S E Hanbury Rev J R Bailey Rev R J Wardle Mr A Roberts (appointed 21.4.21) Ms B Abbit (appointed 21.4.21) Ms P Hughes (appointed 21.4.21)

Independent Examiner Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd Y Parc Parc Menai Bangor Gwynedd LLS7 4FE Bankers HSBC High Street Llangefni Ynys Mon LE? 7LU. Approved by order of the board of trustees on cooubltfor] art... and signed on its behalfby:

RevRJ Wardle'rustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

Independent examiner's report to the trustees of Bro Cybi Ministry Area (Holyhead Parochial Church Council) I report to the charity trustees on my examination of the accounts of Bro Cybi Ministry Area (Holyhead Parochial Church Council) (the Trust) for the year ended 31 December 2021.

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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 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:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2 the accounts do not accord with those records; or 3: 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.

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[Ndr
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Colin Bell FCCA Association of Chartered Certified Accountants Williams Denton Cyf Chartered Certified Accountants Glaslyn

Ffordd Y Parc Pare Menai Bangor Gwynedd LLS7 4FE Date: —adttfeg tar.

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

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||||||||| |---|---|---|---|---|---|---|---| |31.12.21|31.12.20| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |INCOME AND ENDOWMENTS|FROM| |Donations|and|legacies|2|39,448|23,208|62,656|52,410| |Charitable|activities|5| |Church|Property|-|10,600|10,600|59,120| |Other trading|activities|3|2,402|19,979|22,381|9,898| |Investment|income|4|1,134|8|1,142|1,148| |Total|42,984|53,795|96,779|122,576| |EXPENDITURE ON| |Raising|funds|6|257|1,700|1,957|-| |Charitable|activities|7| |Support|for Ministry|1,893|-|1,893|2,651| |Parish|Activities|46,722|1,592|48,314|41,452| |Church|Property|672|57,844|58,516|93,412| |Grants|and|Financial|Support|920|730|1,650|964| |Other Resources Expended|1,500|-|1,500|1,440| |Total|51,964|61,866|113,830|139,919| |Net|gains on investments|-|6,385|6,385|3,445| |NET INCOME/(EXPENDITURE)|(8,980)|(1,686)|(10,666)|(13,898)| |Transfers between|funds|14|56,910|(56,910)|-|-| |Net movement|in funds|47,930|(58,596)|(10,666)|(13,898)| |RECONCILIATION|OF FUNDS| |Total funds brought forward|30,843|156,476|187,319|201,217| |TOTAL FUNDS|CARRIED FORWARD|78,773|97,880|176,653|187,319|

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The notes form part of these financial statements

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

BALANCE SHEET

31 DECEMBER 2021

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|||||||| |---|---|---|---|---|---|---| |31.12.21|31.12.20| |Unrestricted|Restricted|Total|Total| |Notes|funds£|funds£|funds£|funds£| |FIXED ASSETS| |Investments|11|.|67,051|67,051|60,679| |CURRENT ASSETS| |Debtors|12|4,000|-|4,000|3,675| |Cash|at bank|77,310|30,829|108,139|126,205| |81,310|30,829|112,139|129,880| |CREDITORS| |Amounts|falling due within one year|13|(2,537)|-|(2,537)|(3,240)| |NET CURRENT ASSETS|78,773|30,829|109,602|126,640| |TOTAL|ASSETS|LESS|CURRENT| |LIABILITIES|78,773|97,880|176,653|187,319| |NET ASSETS|78,773|97,880|176,653|187,319| |FUNDS|14| |Unrestricted|funds|78,773|30,843| |Restricted funds|97,880|156,476| |TOTAL FUNDS|176,653|187,319|

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Thesnlfinancial tL SPstatements UALR adwere were signedapproved on itsby behalfthe by:Board of Trustees and authorised for issue on i SORT e ee eee ew ea eee . . Rev RJ Waydle - Trustee

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Mr R Parry - Trustee

The notes form part of these financial statements

———eeee

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

  1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: 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) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until those conditions are met.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Investments Investments are included at market value.

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

Zi DONATIONS AND LEGACIES DONATIONS AND LEGACIES
31.12.21 31.12.20
£ £
Planned giving 28,011 27,950
Donations 15,255 8,261
Loose collections 25177 3,617
Legacy giftsreceived - 100
For mission 1,238 1,086
Tax refunds 15,375 11,396
62,656 52,410
3. OTHERTRADINGACTIVITIES
31.12.21 31.12.20
£ £
Fees 4,052 2,206
Money raising 11,007 7,692
Otherincome 7,322 -
22,381 9,898
4, INVESTMENTINCOME
31.12.21 31.12.20
£ £
Investmentincome 1,142 1,148
5. INCOMEFROMCHARITABLE ACTIVITIES
31.12.21 31.12.20
Grants Activity
ChurchProperty
£
10,600
£
59,120

Included in the "Grants" total of £10,600 for 2021 is:

Included in the "Grants" total of £59,120 for 2020 is:

ee

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

6. RAISING FUNDS

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|||||| |---|---|---|---|---| |Other|trading|activities| |31.12.21|31.12.20| |£|£| |Cost of money|raising|1,957|=| |7.|CHARITABLE|ACTIVITIES|COSTS| |Support| |Direct|costs|(see| |Costs|note|8)|Totals| |£|£|£| |Support|for Ministry|1,893|-|1,893| |Parish|Activities|48,314|-|48,314| |Church|Property|58,516|-|58,516| |Grants and Financial|Support|1,650|-|1,650| |Other Resources|Expended|:|1,500|1,500| |110,373|1,500|111,873| |8.|SUPPORT COSTS|

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||| |---|---| |Governance| |costs| |£| |Other Resources Expended|1,500|

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  1. INDEPENDENT EXAMINER'S REMUNERATION

Remuneration of £1,500 (2020 - £1,440) was paid to the independent examiners for the independent examination of the charity's financial statements.

  1. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

Trustees' expenses of £1,893 were paid for the year ended 31 December 2021 (£2,651 in the year ended 31 December 2020).

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

11. FIXED ASSET INVESTMENTS

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|||||| |---|---|---|---|---| |Listed| |investments| |£| |MARKET|VALUE| |At|1|January|2021|60,679| |Additions|500| |Disposals|(514)| |Revaluations|6,386| |At|31|December 2021|67,051| |NET BOOK VALUE| |At 31|December 2021|67,051| |At 31|December 2020|60,679|

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There were no investment assets outside the UK.

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|||||| |---|---|---|---|---| |12.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE|YEAR| |31.12.21|31.12.20| |£|£| |Prepayments|and accrued income|4,000|3,675| |13.|CREDITORS:|AMOUNTS FALLING DUE WITHIN ONE YEAR| |31.12.21|31.12.20| |Other|Es|£| |creditors|2,537|3,240|

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SNeee —————e

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

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|||||||||| |---|---|---|---|---|---|---|---|---| |14.|MOVEMENT|IN|FUNDS| |Net|Transfers| |movement|between|At| |At|1.1.21|in funds|funds|31.12.21| |£|£|£|£| |Unrestricted|funds| |Ministry|Area Fund|30,843|(8,980)|134|21,997| |St Cybi’s Committee Fund|-|-|10,385|10,385| |St David's|Church|Fund|-|-|15,217|15,217| |St|Ffraid's|Church Fund|-|-|10,687|10,687| |St Gwenfaen's|Church|Fund|-|-|2,401|2,401| |St Ffraid's|Hall Fund|=|-|13,861|13,861| |St Gwenfaen's|Hall|Enterprise|-|-|4,225|4,225| |30,843|(8,980)|56,910|78,773| |Restricted|funds| |St Cybi's|Committee Fund|9,442|329|(9,771)|-| |St David's|Church Fund|11,877|3,340|(15,217)|-| |St|Ffraid’s|Church|Fund|23,114|(2,300)|(20,814)|-| |St|Gwenfaen's|Church Fund|1,869|532|(2,401)|-| |St|Seiriol|Churchyard|17,366|(342)|-|17,024| |St Cybi's Good|Samaritan|121|-|(121)|-| |St Cybi's Organ Fund|614|-|(614)|-| |St Cybi's|Restoration Fund|10,490|(9,213)|-|1,277| |St Ffraid's|Hall Fund|14,533|(672)|(13,861)|-| |St|Gwenfaen's|Church|Restoration|Fund|2,251|150|-|2,401| |St|Gwenfaen's|Hall|Enterprise|4,120|105|(4,225)|-| |Investments- RB|Church|in Wales|60,679|6,385|(13)|67,051| |St|Ffraid's|Legacy|Fund|-|-|10,127|10,127| |156,476|(1,686)|(56,910)|97,880| |TOTAL FUNDS|_|187,319|(10,666)|-|176,653|

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

  1. MOVEMENT IN FUNDS- continued

Net movement in funds, included in the above are as follows:

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||||||||| |---|---|---|---|---|---|---|---| |Incoming|Resources|Gains and|Movement| |resources|expended|losses|in|funds| |£|£|£|£| |Unrestricted|funds| |Ministry Area Fund|42,984|(51,964)|-|(8,980)| |Restricted|funds| |St Cybi's|Committee|Fund|14,856|(14,527)|-|329| |St David's|Church Fund|7,182|(3,842)|-|3,340| |St|Ffraid's|Church Fund|1,288|(3,588)|-|(2,300)| |St Gwenfaen's|Church|Fund|3,737|(3,205)|~|532| |St|Seiriol|Churchyard|2,996|(3,338)|-|(342)| |St Cybi's|Restoration|Fund|20,052|(29,265)|-|(9,213)| |St|Ffraid's|Hall|Fund|352|(1,024)|-|(672)| |St Gwenfaen's|Church|Restoration|Fund|150|-|-|150| |St Gwenfaen's|Hall|Enterprise|3,182|(3,077)|-|105| |Investments- RB Church|in Wales|-|-|6,385|6,385| |53,795|(61,866)|6,385|_(1,686)| |TOTAL FUNDS|96,779|(113,830)|6,385|(10,666)|

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Sa

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

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|||||||||| |---|---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.1.20|in funds|funds|31.12.20| |£|ay|£|£| |Unrestricted|funds| |Ministry Area Fund|18,402|12,441|-|30,843| |Restricted|funds| |St|Cybi's Committee|Fund|21,607|(12,165)|-|9,442| |St David's|Church|Fund|16,199|(4,322)|-|11,877| |St Ffraid's|Church|Fund|26,868|(3,754)|-|23,114| |St|Gwenfaen's|Church|Fund|4,199|(2,330)|-|1,869| |St|Seiriol|Churchyard|17,803|(437)|-|17,366| |St|Cybi's|Good|Samaritan|121|-|-|121| |St|Cybi's|Organ Fund|614|-|-|614| |St Cybi's|Restoration Fund|727|9,763|-|10,490| |St|Ffraid's|Hall|Fund|14,724|(191)|-|14,533| |St Gwenfaen's|Church|Restoration|Fund|6,505|173|(4,427)|2,251| |St|Gwenfaen's|Church|Easier Access|Fund|8,561|(12,988)|4,427|-| |St Gwenfaen's|Hall Enterprise|7,653|(3,533)|-|4,120| |Investments- RB|Church|in|Wales|57,234|3,445|-|60,679| |182,815|(26,339)|-|156,476| |TOTAL FUNDS|201,217|(13,898)|-|187,319|

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL) NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. MOVEMENT IN FUNDS- continued

Comparative net movement in funds, included in the above are as follows:

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|||||||||| |---|---|---|---|---|---|---|---|---| |Incoming|Resources|Gains and|Movement| |resources|expended|losses|in|funds| |£|£|£|£| |Unrestricted|funds| |Ministry Area Fund|74,245|(61,804)|-|12,441| |Restricted|funds| |St Cybi's Committee|Fund|3,033|(15,198)|“|(12,165)| |St David's|Church Fund|3,783|(8,105)|.|(4,322)| |St|Ffraid's|Church Fund|3,628|(7,382)|-|(3,754)| |St Gwenfaen's Church Fund|3,052|(5,382)|-|(2,330)| |St|Seiriol|Churchyard|1,401|(1,838)|-|(437)| |St Cybi's|Restoration|Fund|28,185|(18,422)|-|9,763| |St|Ffraid's|Hall|Fund|889|(1,080)|-|(191)| |St|Gwenfaen's|Church|Restoration|Fund|173|-|-|173| |St Gwenfaen's|Church|Easier Access Fund|1,000|(13,988)|-|(12,988)| |St Gwenfaen's|Hall|Enterprise|3,187|(6,720)|-|(3,533)| |Investments-|RB|Church|in|Wales|-|-|3,445|3,445| |48,331|(78,115)|3,445|(26,339)| |TOTAL FUNDS|122,576|(139,919)|3,445|(13,898)|

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Purpose of Restricted Funds/ Unrestricted Desginated Funds

St Cybi's Committee Fund

For general purposes but desginated to St Cybi's church and congregation.

St Cybi's Organ Fund

For the maintenance and upkeep of the organ at St Cybi's church and restricted as such.

St Cybi's Restoration Fund

For repairs and maintenance of St Cybi's church and restricted as such.

St David's Church Fund

For general purposes but designated to St David's church and congregation.

St Ffraid's Church Fund

For general purposes but designated to St David's church and congregation.

St Ffraid's Hall Fund

For the maintenance and upkeep of St Ffraid's Church Hall and designated as such.

St Gwenfaen's Church Fund

For general purposes but designated to St Gwenfaen's church and congregation including repairs and maintenance.

St Gwenfaen's Church Restoration Fund

For repairs and maintenance of St Gwenfaen's church and restricted as such.

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BRO CYBI MINISTRY AREA (HOLYHEAD PAROCHIAL CHURCH COUNCIL)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. MOVEMENT IN FUNDS- continued

St Gwenfaen's Church Easier Access Fund

This fund has been set up to provide a disabled access to the Church and restricted as such.

St Gwenfaen's Hall Enterprise

For the maintenance and upkeep of St Gwenfaen's Church Hall and designated as such.

St Seiriol Churchyard

For the maintenance and upkeep of St Seiriol churchyard and restricted as such.

St Cybi's Good Samaritan

For distribution of money to needy persons at the discretion of the Incumbent.

Investments - RB Church in Wales (RBCW)

Funds are invested with the RBCW until there is a particular need for the funds and restricted as such.

St Ffraid’s Legacy Fund

For the maintenance and upkeep of St Seiriol churchyard and restricted as such.

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2021 nor for the year ended 31 December 2020.

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