2022-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2022 Period start date To 31/12/2022

Charity name: ISLWYN MINISTRY AREA

Charity registration number: 1135366

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	THE PROMOTION OF THE WHOLE MISSION OF THE CHURCH PASTORAL, EVANGELISTIC, SOCIAL AND ECUMENICAL, IN THE PARISH.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	THE PROVISION OF 11 CHURCHES FOR PRAYER AND WORSHIP. PROVIDING REGILAR SERVICES OF PUBLIC WORSHIP. TEACHING CHRISTIANITY THROUGH SERMONS, SCHOOLS, BREAVED OR ANYONE IN DIFFICULTY. SUPPORTING OTHER CHARITIES IN THE UK AND OVERSEAS. PROVIDING ACTIVITIES FOR VARIOUS GROUPS TO PROMOTE THE MISSION OF THE CHURCH AND ITS CHRISTIAN VALUES. PROVISION OF A FOODBANK THAT DISTRIBUTES FOOD TO THOSE WHO HAVE DIFFICULTY PURCHASING ENOUGH TO AVOID HUNGER.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have had regard to the guidance issued by the Charity Commission on public benefit when carrying out activities to which it’s relevant.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The Benefice through its churches provided resources and facilities for public worship, pastoral care, spiritual, moral and intellectual development both for its members and for anyone who wished to benefit from what the church offered. Charitable activities, Children school clubs. Fund raising events were held throughout the year. The Home/World expenditure amounted to £6551.00. These donations included The Archbishop of Wales Children Fund. Various local needs of people and children in the community. Foodbank support.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The balance sheet shows that Islwyn Ministry Area has enough funds to ensure it will meet all its obligations in the following year.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Ministry’s policy on reserves is to retain at least six months expenditure as free reserves to meet future shortfalls in income or unexpected expense. Funds are held in Churches, Foodbank and the Ministry bank accounts. The balance at 31/12/2022 met this target.
Amount of reserves held	Para 1.22	£213709
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution adopted 01 January 2000
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	The constitution provides election to be: The Incumbent Vicars and Assistant Curates, 2 Wardens and up to 3 co-opted members per church, co-opted Secretary and Treasurer.

Additional information (optional) You may choose to include further statements where relevant about: Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	ISLWYN MINISTRY AREA
Other name the charity uses	Rectoral Benefice of Upper Islwyn
Registered charity number	1135366
Charity’s principal address	The Vicarage, Commercial Street, Pengam, NP12 3TX

Names of the charity trustees who manage the charity

1 1 1 1 1 1 1 1 1 1 2	1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0	Trustee name	Office (if any)	Office (if any)	Office (if any)	Dates acted if not for whole year	Dates acted if not for whole year	Dates acted if not for whole year	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)	Name of person (or body) entitled to appoint trustee (if any)
		REV CANNON MARK OWEN	MINISTRY AREA LEADER
		Fr STEPHEN SMITH
		REV NICK ADAMS
		REV RUFUS NOY
		REV HEULEN REES
		MARIAN CURTIS	SECRETARY
		NIGEL KASZUBOWSKI	TREASURER
		CAROL JONES
		RUTH LAWLER
		PAUL LAGO
		ANGELA PERKINS
		JEFFREY JONES
		JANIE HUGHES
		SUSAN GLADWYN
		RAY BEVAN	CO CHAIR
		DAVID PHILLIPS
		ROSA BRACE
		VENMORE ROBERTS
		PAM MATTHEWS
		MARIAN DEW
		EDWINA SAMUELS
		SARAH RUDGE
		MAUREEN MORGAN
		KEVIN CELIESKI
		JANET CUMPTONE
		MARION COLLER
		JOAN JELLY
		Corporate trustees–names of the directors at the date the report was approved Director name
		Director name

Name of trustees holding title to property belonging to the charity

Trustèa nam& Datès act8d If not for whola aar

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how these falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) NIGEL KASZUBOWSKI Position (e.g., TREASURER Secretary, Chair, etc) Date 30/10/2023

ANNUAL FINANCIAL RETURN

2022

Diocese Monmouth

Parish Church Islwyn Ministry Area

Number of Legacies received 1

Number of Legacies received 1
	Unrestricted funds	Restricted funds	Total
planned giving	77364.74	3877.01	81241.75
money raising	52024.54	23.97	52048.51
for mission	3177.53	0	3177.53
donations	41093.24	9963.92	51057.16
legacy gifts received	140061.89	0	140061.89
grants	42498.67	59661.48	102160.15
loose collections	24802.29	0	24802.29
fees	22937.90	493.00	23430.90
tax refunds - gift aid	24792.94	0	24792.94
investment income	2455.63	71.57	2527.20
other incoming resources	12367.00	0	12367.00
tax refunds - gasds	13942.00	0	13942.00
Total for Income	457518.37	74090.95	531609.32
parochial expenses of clerics	13451.00	0	13451.00
maintenance of services	6259.80	0	6259.80
other ministry support	390.00	0	390.00
parish share	157217.23	0	157217.23
general parish expenses	10849.88	33662.40	44512.28
maintenance of churches	89894.64	1365.56	91260.20
maintenance of other property	25096.02	9488.18	34584.20
mission:parish	1460.00	2979.75	4439.75
mission:home/world	3451.50	3099.93	6551.43
capital payments	6235.00	0	6235.00
cost of money raising	1104.68	40.00	1144.68
exceptional expenditure	61472.99	0	61472.99
Total for Expenditure	376882.74	50635.82	427518.56
Net Income/Expenditure	80635.63	23455.13	104090.76
Balance as at 1st Jan	418019.30	687348.68	1105367.98
Any transfers made between UF and RF	8066.64	-8066.64	0.00
Any other recognised gains or losses	321560.24	173998.56	495558.80
Net movement in funds	80635.63	23455.13	104090.76
Balance as at 31 Dec	828281.81	876735.73	1705017.54

(29 October 2023 8:50 am) Page 1 of 1

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts *•• Sectlon A Independent Examinerfs Report Report to the trustees ISL P(RE14 On accounts for the year ended S I OECEk4 6E£2OZZ Charity no (if any) 1185866 Set out on pages I report to the trustees on my examination of the accounts of the above charity {Ihe Trusf) for the year ended 31 11 lo¥2 Responsibilities and basis of report As the chaiitys trustees, 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent ￿he charit5ls gross income ex￿eded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified membar of [insert name of applicable listed bodyll. Delete [ ] if not applicable. I have completed rny/examination. I confirm that no material matters have come to my altention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Actr, or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter considered as part of an independent examination. I have no concems 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. Please delete the words in the braGkets if they do not apply. Jilili3 Signed: Date: Name: ThLT eHILiIPS Relevant professional qualification(s) or body IER Oct 2018

(if any): Address: 85 CIRL NPII Prw Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examinerwishes to disclose. IER Oct 2018

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