2021-12-31-accounts

	meeting/A	GM, held la	st year on 19'	"April 2021.Ch	anges ma	de during	2021 are indi	cated.
Title	Name		Status	Appointed	Title	Name		Status	Appointe
				or Retired					d or
				in 2021					Retired in
									2021
Rev	Mark	Ansell	Cleric		Mrs	Ann	Jones	Elected
Dr	Peter	Bunting	Elected		Mrs	Ruth	Lewis	Ex Officio	Retired 21
Dr		Clissold	Co-opted	Appointed	Mr	David	McBride	Ex Officio	Appointed
				21					21
Mr	Andrew	Davies	Elected		Dr	Jamie	Medhurst	Elected	Appointed
									21
Miss	Hannah	Davies	Ex-Officio	Appointed	Mr	Sion	Meredith	Ex officio
				21
Mr	Robert	Davies	Exofficio		Dr	Karen	Phillips	Ex officio
Mrs	Ruth	Davies	Elected		Mrs	Mary	Platt	Ex officio
Ms	Tammy	Doylerush	Elected	Appointed	Rev	Cei	Rees	Cleric
				21
Dr	Anne	Dye	Co-opted		Rev Dr	Liz	Rees	Cleric
Mr	Malcolm	Dye	Elected		Mr	Stephen	Smith	Elected
Mr	Rolant	Ellis	ExOfficio		Mrs	Gill	Stagg	Co-opted	Retired
									2021
Mrs	Brina	Evans	Elected	Retired 21	Mr	Andy	Starr	Ex Officio
Mrs	Lois	Evans	Ex-Officio	Appointed/	Mrs	Lorena	Troughton	Ex Officio
				Retired 21
Ms	Hannah	Green	Co-opted			Enid	Welsh	Ex officio
Mrs	Pauline	Heyes	Elected		Mrs	Mairwen	Williams	Ex officio
Prof	Andrew	Henley	Elected		Rev Dr	Robert	Wilkinson	Cleric
Mrs	Sue	Henley	Ex officio		Mr	Tudor	Wynn-	Elected	Appointed
							Williams		21
Mrs	Pat	Hughes	Exofficio	Retired 21

	Statement of	Financial Activities for the year ending	Financial Activities for the year ending	Financial Activities for the year ending	31December	2021
			2021	2021	2021	2021	2020
		Note	Unrestricted	Restricted	Endowments	Tota I	Total
Income
Donations R. Legacies			273,836	55,231		329,067	442,797
Charitable Activities			8,546	211		8,757	8,024
Money Raising			284	0		284	1,463
Property income			41,020	23,991		65,011	69,986
Investment income			1,484	1		1,485	4,055
Other income			7,619	0		7,619	15,378
Total Income			332,789	79,434		412,223	541,703
Expenditure
Cost of money raising		8	53	0		53	(476)
Mission 5 Grants		9	14,132	13,200		27,332	56,469
Support for ministry		10	212,582	0		212,582	179,131
Charitable activities			10,003	0		10,003	9,796
Parish activities:
Church services		11	15,295	73		15,368	12,707
General parish expenses		12	56,262	1,745		58,007	61,371
Church property:
Maintenance ofchurch		13	31,670	3,846		35,516	56,222
Maintenance ofother property		14	13,233	18,146		31,379	33,395
Total expenditure			353,230	37,010		390,240	408,615
Net movement in funds	before gains
and losses on investments			(20,441)	42,424		21,983	133,088
Gains/(losses) on investments		15			5,747	5,747	3,112
Transfers between funds			56,280	(56,280)
Net movement in funds			35,839	(13,856)	5,747	27,730	136,200
Total funds brought forward			487,989	164,631	54,371	706,991	570,791
Total funds carried forward			523,828	150,775	60,118	734,721	706,991

						Unrestricted	Restricted	Endowment	Total	Prior
						Funds	Funds	Funds	Funds	Year
							f		f
					Note
Fixed Assets
Tangible fixed		assets			17	425,708			425,708	425,627
Investments					18			60,118	60,118	54,371
Current Assets
Stocks						3,868			3,868	3,851
Debtors					19	18,615			18,615	13,737
Cash at bank and in				hand		188,046	150,775		338,821	331,679
						210,529	150,775		361,304	349,267
Liabilities
Creditors:	amounts			falling due
within one	year				20	(87,921)			(87,921)	(88,817)
Net Current	assets					122,608	150,775		273,383	260,450
Total Assets less	current		liabilities			548,316	150,775	60,118	759,209	740,448
Creditors: amounts		falling		due after
more than	one	year			21	(24,488)			(24,488)	(33,457)
						523,828	150,775	60,118	734,721	706,991
the funds ofthe	charity:
Endowment	funds							60,118	60,118	54,371
Restricted funds					24		150,775		150,775	.164,631
Unrestricted	funds				25
Designated funds						59,626			59,626	64950
Property fund						278,541			278,541	278,541
General fund						185,661			185,661	144,498
									523,828	487,989
						523,828	150,775	60,118	734,721	706,991

			Note	2021	2020
Net cash generated by/(used in) operating		activities		21,709	145,402
Cash flows from investing	activities
Interest				1,485	4,055
Purchase oftangible fixed	assets			(7,083)
Proceeds from sale of investments
Net cash generated by/(used in) investing		activities		(5,598)	4,055
Cash flow from financing	activities
Repayment of borrowing				(8,969)	(4,296)
Cash used in financing activities				(8,969)	(4,296)
increase/(decrease) in cash and cash equivalents
in the year				7,142	145,161
Cash and cash equivalents	at the beginning	ofthe year		331,679	186,518
Cash and cash equivalents	at the end ofthe year			338,821	331,679

	Note	Unrestricted	Restricted	Endowments	Total
Income
Donations R Legacies		335,237	107,560		442,797
Charitable Activities		6,951	1,073		8,024
Money Raising		790	673		1,463
Property income		47,033	22,953		69,986
Investment income		4,055	0		4,055
Other income		15,378	0		15,378
Totallncome		409,444	132,259		541,703
Expenditure
Cost of money raising	8	(476)	0		(476)
Mission S.Grants	9	27,903	28,566		56,469
Support for ministry	10	179,131	0		179,131
Charitable activities		9,796	0		9,796
Parish activities:
Church services	11	12,707	0		12,707
General parish expenses	12	61,033	338		61,371
Church property:
Maintenance ofchurch	13	54,396	1,826		56,222
Maintenance ofother property	14	15,082	18,313		33,395
Total expenditure		359,572	49,043		408,615
Net movement in funds before gains
and losses on investments		49,872	83,216		133,088
Gains/(losses) on investments	15			3,112	3,112
Transfers between funds		18,412	(18,412)
Net movement in funds		68,284	64,804	3,112	136,200
Total funds brought forward		419,705	99,827	51,259	570,791
Total funds carried forward		487,989	164,631	54,371	706,991

		2021	2020
Regular Collections		234,594	259,320
Donations from St Michael's	Car Park Ltd	32,690	20,200
Legacies		0	50,000
Special collections and donations		9,648	14,535
Gift Aid refund		46,125	48,391
Grants		6,010	50,351
		329,067	442,797

			2021	2020
	Service fees		0	0
	Church functions		6,080	5,138
	Other		2,677	2,886
	Total mission		8,757	8,024
5	Income from money raising
	Bookshop		284	1,463
	Hall Hire		0	0
	Other		0	0
	Total support for ministry		284	1,463
6	Property income
	Car park lease		6,000	5,200
	Other property	rent	59,011	64,786
			65,011	69,986
	Other income
	Miscellaneous		7,619	15,378
			7,619	15,378
8	Cost of money raising
	Bookshop		53	(476)
	Other
			53	(476)

	2021	2020
In the parish	7,653	32,803
Outside the parish	19,679	23,666
	27,332	56,469

10	Support for ministry	Support for ministry
	Diocesan ministry	share	167,963	130,960
	Staff costs		43,580	47,158
	Parochial expenses	of clergy	1,039	1,013
			212,582	179,131
11	Church services
	Communion requisites		0	112
	Service books and	materials	83	148
	Staff costs		10,654	10,341
	Organists		1,737	210
	Music and instruments		110	862
	Refreshments		488	386
	Visiting speakers		500	250
	other		1,796	398
	Total maintenance	ofchurch	15,368	12,707

				2021	2020
	Minibus expenses			0	1,249
	Staff costs			33,082	32,283
	Training and	Conferences		75	0
	Postage, stationery, etc			2,652	3,291
	Telephone			3,517	3,279
	Equipment renewals and		maintenance	3,832	4,572
	Church functions			0	207
	Deficit —Sale	of motor vehicle		0	828
	Testimonials	and gifts		0	0
	Independent	Examination		7,186	7,570
	Miscellaneous			2,166	1,329
	Depreciation	ofassets		5,497	6,763
				58,007	61,371
13	Maintenance	ofchurches
	Utilities			5,558	6,810
	Major repairs	and improvements:
	St Michael's roof			3,987	27,698
	Other			6,805	1,561
	Other repairs	and maintenance		19,166	20,153
				35,516	56,222
14	Maintenance	ofother property
	Utilities			3,015	2,858
	Caretaker			840	840
	Repairs, renewals 8 Maintenance			26,798	27,505
	Mortgage interest			162	835
	Churchyard maintenance			564	1,357
				31,379	33,395
15	Gains/(losses)	on investments
	Realised gains/losses on sale of investments
	Unrealised gains/(losses)		on revaluation	5,747	3,112
				5,747	3,112

Staff costs		2021	2020
Staff costs paid by	the parish
Wages R.Salaries		91,923	93,068
National insurance	costs	1,638	3,318
		95,208	96,386

Tangible fixed assets
	Investment
	Property	Property	Equipment	Total
	f	f	f	f
Cost/M arket va lue
Balance as at 1January 2021	150,000	274,797	165,178	589,975
Additions			7,083	7,083
Disposa Is				0
Balance at 31December 2021:Market
value	150,000			150,000
Cost		274,797	172,261	447,058
Depreciation
Balance as at 1January 2021		30,698	133,650	164,348
Charge for year		2,344	4,658	7,002
On disposals
Balance at 31December 2021		33,042	138,308	171,350
Net book value
As at 31December 2021	150,000	241,755	33,953	425,708
As at 31December 2020	150,000	244,099	31,528	425,627

Fixed assets:	Investm	e	nts
							Balance	Disposals	Revaluation	Balance
							01/01/2021	2021	2021	31/12/2021
Investments	held by		the	Church	in Wales:
Bequests in	the common			investment		fund	54,371		5,747	60,118
Debtors
							2021		2020
Other debtors							3,842
Prepayments	and accrued income						14,773		13,737
							18,615		13,737
Creditors: Amounts		falling due			within	one year
							2021		2020
Loans and overdrafts							69,296		69,296
Trade creditors							2,907		2,297
Other creditors							2,548		6,027
Accruals and	deferred		income				13,170		11,197
							87,921		88,817

Bank loan	24,488	29,457
Otherloans	0	4,000
	24,488	33,457

22	Operating	leases —as lessor
	At 31December 2021the total future		minimum	lease payments	for property leases were:
				2021	2020
	Not later	than one year		20,997	20,997
	later than	one year and not later than	5 years	83,988	83,988
	later than	5years		69,990	90,987
				174,975	199,972

Restricted funds
	Balance	Incoming	Outgoing	Transfers	Balance
	01/01/2021	2021	2021	2021	31/12/2021
St Michael's	90,111	40,480	(17,246)	(49,720)	63,625
Holy Trinity	7,638	0	0	0	7,638
St Anne's	50,303	37,419	(18,797)	(1,040)	67,885
St Mary' s	1,083	726	(692)	0	1,117
St Llanwchaiarn	15,496	809	(275)	(5,520)	10,510
	164,631	79,434	(37,010)	(56,280)	150,775

Unrestricted	funds
			Balance	Incoming	Outgoing	Transfers	Balance
			01/01/2021	2021	2021	2021	31/12/2021
Designated	funds
St Michael's			59,215	1,083	(3,359)	(3,454)	53,485
Holy Trinity			2,572				2,572
St Anne's			3,163		(81)		3,082
St Llanwchaiarn			0	295	(302)	494	487
			64,950	1,378	(3,742)	(2,960)	59,626
St Michael's	property	fund	278,541				278,541
General Funds			144,498	331,411	(349,488)	59,240	185,661
			487,989	332,780	(353,221)	56,280	523,828

	2021	2020
Net movement in funds	27,730	136,200
Add back depreciation	7,002	2,498
Add back disposal ofasset	0	9,750
Deduct Interest income	(1,485)	(4,055)
Deduct gains/ add back losses on investments	(5,747)	(3,112)
Decrease/(increase) in stock	(17)	(1,035)
Decrease/(increase) in debtors	(4,878)	(1,974)
Increase/(decrease) in creditors	(896)	7,130
	21,709	145,402