2022-12-31-accounts

Title	Name		Status	Appointed	Title	Name		Status	Appointed
				or Retired					or Retired
				in 2022					in 2022
Rev	Mark	Ansell	Cleric		Rev Dr	Elaine	Jensen	Ex officio	Appointed
Dr	Peter	Bunting	Ex-Officio		Mr	David	McBride	Ex officio
Dr	Gill	Clissold	Co-opted		Dr,	Jamie	Medhurst	Elected
Mr	Andrew	Davies	Ex-Officio		Mr	Sion	Meredith	Ex officio
Miss	Hannah	Davies	Ex-Officio		Mrs	Avril	Morris	Elected	Elected
Mr	Robert	Davies	Ex officio		Dr	Karen	Phillips	Ex officio
Mrs	Ruth	Davies	Elected	Retired	Mrs	Mary	Platt	Ex officio
Ms	Tammy	Doylerush	Elected	Retired	Mrs	Sally	Price	Elected	Elected
Dr	Anne	Dye	Co-opted		Rev	Cei	Rees	Cleric
Mr	Malcdlm	Dye	Elected		Rev Dr	Liz	Rees	Cleric
Mr	Rolant	Ellis	Ex Officio		Mr	Stephen	Smith	Elected	Retired
Rev	Becky	Evans	Cleric		Mrs	Lorena	Troughton	Ex
								Officio
Ms	Hannah	Green	Co-opted			Enid	Welsh	Ex officio
Mrs	Pauline	Heyes	Ex-Officio	Retired	Mrs	Mairwen	Williams	Ex officio	Retired
Prof	Andrew	Henley	Elected		Rev Dr	Robert	Wilkinson	Cleric
Mrs	Sue	Henley	Ex officio		Mr	Tudor	Wynn-	Ex-
							Williams	Officio
Mrs	Ann	Jones	Ex-Officio

	Statement of	Financial	Financial	Activities for the year ending	Activities for the year ending	31December 2022
				2022	2022	2022	2022	2021
		Note	Unrestricted		Restricted	Endowments	Tota I	Total
Income
Donations & Legacies				484,563	68,572		553,135	329,067
Charitable Activities				24,602	1,391		25,993	8,757
Money Raising				1,584			1,584	284
Property income				41,967	23,863		65,830	65,011
Investment income				813	1		814	1,485
Other income				901	4,960		5,861	7,619
Total Income				554,430	98,787		653,217	412,223
Expenditure
Cost ofmoney raising		8		1,443			1,443	53
Mission &Grants		9		22,982	16,154		39,136	27,332
Support for ministry		10		259,141			259,141	212,582
Charitable activities				11,845			11,845	10,003
Parish activities:
Church services		11		19,159	538		19,697	15,368
General parish expenses		12		58,233	1,177		59,410	58,007
Church property:
Maintenance of church		13		43,835	6,745		50,580	35,516
Maintenance of other property		14		29,101	47,915		77,016	31,379
Total expenditure				445,739	72,529		518,268	390,240
Net movement in funds	before gains
and losses on investments				108,691	26,258		134,949	21,983
Gains/(losses) on investments		15				(6,309)-	(6,309)	5,747
Transfers between funds				29,552	(29,552)
Net movement in funds				138,243	(3,294)	(6,309)	128,640	27,730
Total funds brought forward				523,828	150,775	60,118	734,721	706,991
Total funds carried forward				662,071	147,481	53,809	863,361	734,721

							Unrestricted	Restricted	Endowment	Total	Prior
							Funds	Funds	Funds	Funds	Year
										f
						Note
Fixed Assets
Tangible fixed			assets			17	426,569			426,569	425,708
Investments						18			53,809	53,809	60,118
Current Assets
Stocks							3,592				3,868
Debtors						19	29,586				18,615
Cash at bank and in					hand		344,596	157,808			338,821
							377,774	157,808		535,582	361,304
Liabilit ies
Creditors:	amounts				falling due
within one	year					20	(132,556)			(132,556)	(87,921)
Net Current		assets					245,218	157,808		403,026	273,383
Total Assets less		current		liabilities			671,787	157,808	53,809	883,404	759,209
Creditors: amounts			falling		due after
more than	one		year			21	(20,043)			(20,043)	(24,488)
							651,744	157,808	53,809	863,361	734,721
the funds ofthe		charity:
Endowment		funds							53,809	53,809	60,118
Restricted funds						24		147,481		147,481	150,775
Unrestricted		funds				25
Designated		funds					4,841			4,841	59,626
Property	fund						278,541			278,541	278,541
General fund							378,689			378,689	185,661
										662,071	523,828
							662,071	147,481	53,809	863,361	734,721
Approved		by	the Local Ministry			Area Council on		and signed	on their behalf	by:—
Revd Canon M Ansell
Local Ministry			Area Dean and			Trustee

			Note	2022	2021
Net cash generated by/(used in) operating		activities		176,781	21,709
Cash flows from investing	activities
Interest				814	1,485
Purchase oftangible fixed	assets			(9,567)	(7,083)
Proceeds from sale of investments
Net cash generated by/(used in) investing		activities		(8,753)	(5,598)
Cash flow from financing	activities
Repayment of borrowing				(4,445)	(8,969)
Cash used in financing activities				(4,445)	(8,969)
Increase/(decrease) in cash and cash equivalents
in the year				163,583	7,142
Cash and cash equivalents	at the beginning	ofthe year		338,821	331,679
Cash and cash equivalents	at the end ofthe year			502,404	338,821

	Note	Unrestricted	Restricted	Endowments	Total
Income
Donations & Legacies		273,836	55,231		329,067
Charitable Activities		8,546	211		8,757
Money Raising		284			284
Property income		41,020	23,991		65,011
Investment income		1,484	1		1,485
Other income		7,619			7,619
Total Income		332,789	79,434		412,223
Expenditure
Cost of money raising	8	53			53
Mission 8 Grants	9	14,132	13,200		27,332
Support for ministry		212,582			212,582
Charitable activities	10	10,003			10,003
Parish activities:
Church services	11	15,295	73		15,368
General parish expenses	12	56,262	1,745		58,007
Church property:
Maintenance ofchurch	13	31,670	3,846		35,516
Maintenance ofother property	14	13,233	18,146		31,379
Total expenditure		353,230	37,010		390,240	.
Net movement in funds before gains
and losses on investments		(20,441)	42,424		21,983
Gains/(losses) on investments	15			5,747	5,747
Transfers between funds		56,280	(56,280)
Net movement in funds		35,839	(13,856)	5,747	27,730
Total funds brought forward		487,989	164,631	54,371	706,991
Total funds carried forward		523,828	150,775	60,118	734,721

				2022	2021
Regular Collections				436,182	234,594
Donations	from St	Michael's	Car Park Ltd	47,300	32,690
Legacies
Special collections		and donations		4,304	9,648
Gift Aid refund				42,970	46,125
Grants				22,360	6,010
Other				19
				553,135	329,067

			2022	2021
	Church functions		11,095	6,080
	Other		14,898	2,677
	Totalmission		25,993	8,757
5	Income from money raising
	Bookshop		1,584	284
	Tota I support	for ministry	1,584	284
6	Property income
	Car park lease		7,148	6,000
	Other property	rent	58,682	59,011
			65,830	65,011
7	Other income
	Miscellaneous		5,861	7,619
			5,861	7,619
8	Cost of money	raising
	Bookshop		1,443	53
			1,443	53

	2022	2021
In the parish	20,699	7,653
Outside the parish	18,437	19,679
	39,136	27,332

10	Support for ministry	Support for ministry
	Diocesan ministry	share	225,166	167,963
	Staff costs		32,935	43,580
	Parochial expenses	of clergy	1,040	1,039
			259,141	212,582
11	Church services
	Service books and	materials	253	83
	Staff costs		10,389	10,654
	Orga nists		2,825	1,737
	Music and instruments		361	110
	Refreshments			488
	Visiting speakers			500
	other		5,869	1,796
	Total maintenance	of church	19,697	15,368

12	General parish expenses	General parish expenses	General parish expenses
					2022	2021
	Staff costs				34,066	33,082
	Training and		Conferences		439	75
	Postage, stationery, etc				3,680	2,652
	Telephone				3,488	3,517
	Equipment	renewals and		maintenance	2,585	3,832
	Independent		Examination		7,401	7,186
	Miscellaneous				2,693	2,166
	Depreciation		ofassets		5,058	5,497
					59,410	58,007
13	Maintenance		ofchurches
	Utilities				18,705	5,558
	Major repairs		and improvements:
	St Michael's	roof				3,987
	Other				15,603	6,805
	Other repairs		and maintenance		16,272	19,166
					50,580	35,516
14	Maintenance		ofother property
	Utilities				10,341	3,015
	Caretaker				2,772	840
	Repairs, renewals 5 Maintenance				61,764	26,798
	Mortgage interest				686	162
	Churchyard	maintenance			983	564
	Other				470
					77,016	31,379
15	Gains/(losses)		on investments
	Unrealised	gains/(losses)		on revaluation	(6,309)	5,747
					(6,309)	5,747

		f	or the year ende	d 31Decem	ber 2022 continued
16	Staff costs				2022	2021
	Staff costs paid	by	the parish
	Wages 8 Salaries				82,859	91,923
	National insurance		costs		1,173	1,638
					84,032	93,561
	No employees	received employee		benefits of	more than f60,000(2021:
	f60,000)

angible fixed	assets
			Investment
			Property	Property	Equipment	Total
			E	E	f	f
Cost/Market	value
Balance as at	1January 2022		150,000	274,797	172,261	597,058
Additions					9,567	9,567
Disposals
Balance at 31December 2022:		Market
value			150,000			150,000
		Cost		274,797	181,828	456,625
Depreciation
Balance as at	1January 2022			33,042	138,308	171,350
Charge for year				2,344	6,363	8,707
On disposals
Balance at 31December 2022				35,386	144,671	180,057
Net book value
As at 31December 2022			150,000	239,411	37,157	426,568
As at 31December 2021			150,000	241,755	33,953	425,708

18	Fixed assets:	Investm	e	nts
								Balance	Disposals	Revaluation	Balance
								01/01/2022	2022	2022	31/12/2022
	Investments	held by		the	Church	in Wales:
	Bequests in	the common			investment		fund	60,118		(6,309)	53,809
19	Debtors
								2022		2021
	Other debtors							11,655		3,842
	Prepayments	and accrued income						17,931		14,773
								29,586		18,615
20	Creditors: Amounts		falling due			within	one year
								2022		2021
	Loans and overdrafts							69,296		69,296
	Trade creditors							11,628		2,907
	Other creditors							43,680		2,548
	Accruals and	deferred		income				7,952		13,170
								132,556		87,921

Bank	loan	20,043	24,488
		20,043	24,488

22	Operating	leases —as lessor
	At 31December 2022 the total future		minimum	lease payments	for property leases were:
				2022	2021
	Not later	than one year		20,997	20,997
	later than	one year and not later than	5years	83,988	83,988
	later than	5years		48,993	69,990
				153,978	174,975

Restricted funds
	Balance	Incoming	Outgoing	Transfers	Balance
	01/01/2022	2022	2022	2022	31/12/2022
St Michael's	63,625	39,659	(25,366)	(14,179)	63,739
Holy Trinity	7,638	4,960	(6,679)	(5,806)	113
St Anne's	67,885	52,993	(38,900)		81,978
St Mary' s	1,117	946	(946)		1,117
St Llanwchaiarn	10,510		(409)	(9,567)	534
	150,775	98,558	(72,300)	(29,552)	147,481

Unrestricted	funds
			Balance	Incoming	Outgoing	Transfers	Balance
			01/01/2022	2022	2022	2022	31/12/2022
Designated	funds
St Michael's			53,485	4,416	(6,499)	(51,250)	152
Holy Trinity			2,572	16,089	(6,631)	(12,030)
St Anne's			3,082	6,434	(5,514)		4,002
St Llanwchaiarn			487	900	(700)		687
			59,626	27,839	(19,344)	(63,280)	4,841
St Michael's	property	fund	278,541				278,541
General Funds			185,661	542,354	(442,158)	92,832	378,689
			523,828	570,193	(461,502)	29,552	662,071

		2022	2021
Net movement in	funds	128,640	27,730
Add back depreciation		8,707	7,002
Add back disposal	ofasset
Deduct Interest income		(814)	(1,485)
Deduct gains/ add	back losses on investments	6,309	(5,747)
Decrease/(increase)	in stock	275	(17)
Decrease/(increase)	in debtors	(10,971)	(4,878)
Increase/(decrease)	in creditors	44,635	(896)
		176,781	21,709