2022-12-31-accounts

	Page
PCC Annual report
Independent Examiner"s Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	8-'I?

					2022		2021
				Unrestricted	Restricted		Total funds
				funds	funds	Total funds
			Note	5
Income and endowments
Voluntary income Activities for generating	funds		3a) 3b)	102,127 4,231	40	'I02,167 4,231	104,096 2,996
Church activities and other income			3c)	22,980		22,980	23,761
Income from Investments			4	129,338 ~643	40 10	129,378 ~6453	130,855 6 221
Total income				135,781	50	135,831	137,076
Expenditure
Church Activities			5	118,632	1,557	120,189	111,572
Raising funds
Total expenditure				119D58	1 557	129615	1118D7
Net income I(expenditure) investment gains		before		16,723	(1,507)	16,216	25,269
Net aalns and(loosest	on	tnvestmenta	6	~392 2		QS 2~02	255799
Net Incomel (expenditure)				{22,479)	{1,507)	(23,986)	50,978
Transfers between funds
Net movement in funds				(22,479)	(1,507)	(23,986)	50,978
Reconciliation offunds
Total funds brought forward				449,559	20,089	4~69648	418,670
Net movement in funds (as above)				{22,4?9)	(1,507)	(23,986)	50,978
Total funds carried forward

		StDavid	with StMichael and All Ang Balance Sheet	els PCC
			31December 2022
				2022	2021
Fixed assets
Tangible Investments			Sa) Sb)c)	16,371 263,426	16,371 302,629
				279,797	319,000
Current assets
Debtors and prepayments Cash at bank			10 11	6,7SS 168,454	7,255 162,425
				175,253	169,660
Creditors: amounts		falling due within one year
				~9388	19,032
Net current	assets
				'I&&,866	150,646
Net assets
				445,662	469,646
Funds
Restricted funds
Unrestricted	funds			'l8,582	20,069
				427080	449,559
Total funds			13	445 662	469,648

		Unrestricted	Restt icted	Total Funds	Total Funds
a)Voluntary income Planned Giving:		Funds F	Funds	2022 f.	2021
Gilt Aided donations Tax recovered Other planned giving Collection		58,750 16,414 7,441 ~33 5		58,750 16,414 7,440 ~825	60,443 16,589 8,985 4 735
		90,930		90,930	93,753
Non-recuntng donations Grants- energy Grants -other Donations small projects St Davids Donations soup kitchen StDavid's Donations Music and bellringers Donations for specific causes StDavid's Legacies		3,145 2,530 1,361 1,134 390 2,637	40	3,145 2,530 'l,361 1,134 40 390 2,637	4,011 664 976 236 200 880 6,378
		102,127	40	102167	104098
2021 total figures		~103 62	236	104098
b)Activities for generating funds
Events and other fundraising StMichael's Lectures Summer fete and draw Newspaper collections		1043 85 2,860 243		1,043 85 2,860 243	920 3Q 1,766 280
		4231		4231	2996
zozt total figures				2 996
c)Church activities and	other income
Hall lettings Booksales imagazine Coffee and edibles Fees including ceremony Other income	income	13,412 605 2,053 6,910 Q		13,412 605 2,053 6,910 0	13,890 553 954 8,225 139
		22,980		22,980	23,761
2021 Total figures		23761		23761

	Unrestricted	Restricted	Total	Total
4.investment income	Funds	Funds	Funds 2022	Funds 2021
Dividends on investments Bank interest and interest on investments	2,057 4,386	10	2,057 4,396	1,879 4,342
		10	6,453	6,221
2021 Total figures	6220		6221
5.Costs ofChurch activities
	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
			2022	2021
Common Fund contribution Statutory Fees to Diocese Clergy expenses Church general and administration Governance costs Altar supplies, service sheets, gowns Music Organ maintenance Church utiTities Insurance Repairs Specific causes expenditure StDavid's Soup kitchen outreach Small church projects	64,542 2,528 2,931 3,937 2,025 1,941 3,425 646 16,889 8,699 4,630 2,637 1,'I 34	1,557	64,542 2,628 2,931 3,937 2,108 1,941 3,425 646 16,889 8,699 4,630 2,637 1,557 1,134	62,813 2.712 2,052 2,600 2,228 1,353 2,890 2,108 11,251 10,090 7,385 880 1,069 - l
Mission and outreach	2,666 118632	1,55?	2 668 120,189	2,141 111,572
2021 Total figures	~1105 3	1 069	111572
6.Net gains and (losses}on
investments
Realised gains
Unrealised gains	39,202 39,202	~38202 ~39,202		25,709 25 709
2021 Total figures	25709		25 709

S.	Fixed Asset	s	s
	a) Tangible	Assets		2022	2021
	StMichael's	Organ		~18371	16371
b)	Investments				St
				StDavid's	llichael's
				2022	2021
	Market value	as at	1 January 2022	130,464	172,165
	Disposais
	Purchases at	cost
	Net gains/(loss) Market value aa atSt December 2022			128+~2 114642	~23238 148884
	Total Investments		at market value	2022	2021
				~282 42	302629

Forthe Year e	nded 31Dec	ember 2022
c)Investments by fund
		Total	Total
		Funds	Funds
StDavid's designated funds		2022	2021
Organ fund Fabric fund (curate's house) Pastoral fund		20,525 25,851	22,730 28,740
StDavid's institute		8,284 58,7&2	9,459 69,535
StMichael's general reserve and		114,542	130,464
designated funds
Valpy French: general reserve Shared interest society: general reserve Fabric fund (Haldon Road): designated	reserve	135,811 2,000 ~11073	157,626 2,000 12539
		148,884	172,165
Total investments atfair value		223 42$	302,629

					Total	Total
					Funds	Funds
					2022	2021
StDavid's
Gift aid
Other debtors					1,015	1,128
						1,505
St Michael's
Gift aid
Other debtors					1,457	832
					4327	3790
Total debtors	and	prepayments
11.Cash at bank
				note	Total	Total Funds
					Funds
St David*s					2022	2021
Main account
Pastoral fund deposit account St David's Institute deposit account Transformation fund				i) ii) 0) iii)	1'l8,070 670 3,083 19,521	114,062 407 1,236 19,511
StMichaePs				iv)	~I41 324	~15218
Main account
Deposit account					27,095	27,172
					35	35
Total Cash at bank accounts		and in investment	fund deposit		27130 18$454	27207 'f62 425

		2022	2021
Transformation	fund
(held in deposit	and	17,972	'f7,982
main accounts)
Soup kitchen (held in main account)		610	2.127
Total restricted	cash	18882	20088

	2022	2021
StDavid's
Common Fund
Other creditors Accruals	0 4,301 925	8,719 1,855
	5276	13,213
StMichael's
Common fund
Other creditors Accruals	0 3.137 975	2,873 2,031 915
Total creditors falling due within one year	4,'112	5,819