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2021-12-31-accounts

Charity
Information		 2-3
Trustee's
Report:
Objectives and Activities
Structure,
Governance		 and Management
Reserves Policy
Statement ofParochial Church Council Responsibilities
Report ofthe Independent Examiner
Statement ofFinancial
Activities
Balance Sheet 10
Statement
ofAccounting		 Policies
Notes to the Accounts 12-18
Including
Investment		 Porffolio Analysis

2021 2021 2021 2020 2020 2020
Unrestricted Restricted Unrestricted Restricted
Funds Funds Total Funds Funds Total
Note
INCOMING RESOURCES 1
Income and endowments from:
Donations,
legacies		 and grants 64,818 64,818 70,868 847 71,715
Chantable
activities		 9,702 9,702 12,144 12,144
Other trading
activities		 241 1,970 2,211
Investments 1,712 2,108 3,820 2,001 1,802 3,803
Otherincome 38,780 38,780 25,454 1,000 26,454
Total income 115012 2 108 117120 110,706 5,619 116,326
RESOURCES EXPENDED
Expenditure
on:
Charitable
activities		 5 (117,316) (932) (118,248) (114,984) (2,151) (117,134)
Other expenditure 5 (2,160) - (2,160) (1,890) (1,890)
Total expenditure 119,476 932 120,408 116,874 2,151 119,024
Net income before investment
gains/(losses) (4,464) 1,176 (3,288) (6,167) 3,469 (2,699)
Net gains/(losses)on
investments:
Gains/(losses)
on revaluation		 of
investments 13 9,873 12,095 21,968 7,072 6,482 13,553
(Including
investment		 income re-
invested)
Gains/losses)
disposal		 of
investments 1,540 1,540 (37) (37)
NET INCOME AND MOVEMENT
IN FUNDS 6,949 13,271 20,220 868 9,950 10,818
Reconciliation
of Funds:
Total funds brought forward 133,392 184,588 317,980 136,107 171,055 307,162
Fund transfers 12 (3,583) 3,583
Total funds carried forward 140,341 197,859 338,200 133,392 184,588 317,980

2021 2021 2021
Unrestricted Restricted
Funds Funds Total
Note 6 6 6
Fixed Assets
Tangible assets:
Equipment 10 228 342 570
Investments
Common
Investment		 Fund 13 100,380 134,146 234,526
Total fixed assets 100608 134,488 235,096
Current assets
Cash at bank and in hand 54,831 63,371 118,200
Other debtors 12,047 12,047
66,878 63371 130,249
Creditors:
amounts
falling due
within one year:
Accruals and credit balances ( 6,944 ) (6,944 )
Amounts
due to diocese		 6 20,201 20,201
Total current liabilities 27,145 27,145
Net current assets 39,733 63,371 103,104
Net assets 140,341 197,859 338,200
Brought forward 133,392 184,588 317,980
Transfers
Surplus ForYear 6,949 13,271 20,220
Carried Forward 140,341 197859 338,200
2020 2020 2020
Unrestricted Restricted
Funds Funds Total
f 6 6
269 456 725
117,442 121,870 239,312
117711 122326 240 037
59,865 62,262 122,127
209 209
60,073 62,262 122,336
(5,924 ) (5,924 )
38,468 38,468
44,392 44,392
15,681 62,262 77,943
133,392 184,588 317,980
136,107 171,055 307,162
(3,583 ) 3,583
868 9,950 10,818
133,392 184588 317980

4
INCOME
Unrestricted Restricted 2021 Unrestricted Restricted 2020
Funds
6		 Fundsf Total Funds Funds
f		 Total
6
Donations
and Legacies
Planned
Giving		 46,553 46,553 47,696 47.696
Loose Collections 1,447 1,447 2,493 2,493
Tax Refunds
(GIR Aid)		 15,224 15,224 14,556 14,556
Donations 442 442 5,423 847 6,269
Legacies 1,152 1,152 700 700
64,618 64,618 70,868 847 71715
Fees
- Baptisms, Funerals		 and 4,537 4,537 547 547
Weddings
—Hall hire 5,165 5,165 11,597 11,59?
- Minibus
Hire
- Church
Hire
9,702 9,702 12,144 12,144
Other Trading Activities
Fayre's & Fete's 241 1,970 2211
Income From Investments
Fixed Asset Investment Income 1,712 2,050 3,762 1,988 1,802 3,790
Deposit Account Interest 58 58 13 13
1,712 2,108 3,820 2,001 1,802 3,803
Other Income
Other Incoming
Resources		 3,132 3 132 8,802 8,802
Government
Grant		 288 288 1,000 1,000
Ministry Area Rebate 35360 35360 16,652 16,652
38780 38,780 25454 1,000 26,454
5
EXPENDITURE
Unrestricted Restricted 2021 Unrestricted Restricted 2020
Funds Funds Total Funds Funds Total
6 6 6 6 6 6
Charitable
Activities		 Expenditure
Support for Ministry 84,200 84,200 81,609 81,609
Maintenance
ofServices		 3,104 3,104 1,047 998 2,045
General Parish Expenses 16,638 16,638 15,855 15,855
Maintenance
of Churches		 9,587 818 9,587 11,254 11,254
Maintenance
of Property		 94? 947 1,450 1,450
Mission (Donations) 2,799 2,799 3,721 1,000 4,721
Depreciation 41 114 155 48 152 200
117,316 932 118248 114,984 2,150 117,134
Other Expenditure
Legal and Professional 2,160 2,160 1,890 1,890

Amounts
included
in the accounts due to Inde		 pendent
Examiners,
in		 cluding
VAT, f		 or: or:
Independent
Examination		 5 600 (2020 —6 650)
Accounting
Payroll		 61,200
F 360		 (2020 —F1,240)
(2020 —6 180)
10.
TANGIBLE FIXEDASSETS
Unrestricted Restricted 2021 2020
Funds
6		 Fundsf Total
6		 Totalf
Cost Brought Forward 4,557 1,696 6,253 6,253
Additions
Cost Carried Forward 4,557 1,697 6,254 6,254
Depreciation
Brought Forward
Charge For Year
Depreciation
Carried Forward		 4,288
41
4,329		 1,240
114
1,354		 5,528
155
5,683		 5,328
200
5,528
Net Book Value Brought Forward 269 456 725 925
Net Book Value Carried Forward 228 342 570 725

ricted fund movem ent
1 January Net Movement 31December
2021 2021
Restricted Funds f f
Religious purposes
Maintenance
ofthe		 only
church		 buildings in 54,123
10,198		 5,720
1,183		 59,843
11,381
the Area
Maintenance
ofSt Edeyrn's		 church 55,600 5,139 60,739
Maintenance
ofthe		 Chancel in St 1,947 236 2,183
Edeyrn's
Total investments 121,868 12,278 134,146
Mission
in the Area		 25,000 14 25,014
Religious purposes
Organ fund
Children
activities		 only 1,970
847		 1,017 1,017
1,970
847
Restoration
Fund		 24,454 44 24,498
Maintenance
of Buildings		 9,993 32 10,025
Computer
equipment		 456 114 342
Total Restricted
Funds		 184,588 13,271 197,859
Vn-restricted
Funds		 133,392 2,904 136,296
Total Funds 317,980 16,175 334,155

y
 Acco unts 2021
13. INVESTMENTS
Market Purchasesi Market
Shares Value Fund Disposals Shares Value
No No
RECTORIAL BENEFICE OF CYNCOED
25,560 54,123 Humphrey
Graham		 25,560 59,844
4,471 9,467 M.K. Cann - Accumulations 367 4838 11327
0 731 M.K.Cann - uninvested
4,974 Muriel Hodges (2349)
45,103 95,506 William John Davey (2,230) 42,873 100,379
4,587 9,713 William 8 Elizabeth
Lee - capital		 (4,587)
3,194 6,763 William ft Elizabeth Lee (3,194)
487 Uninvested
88664 181,765 Sub Total 73,271 171605
ST. EDEYRN'8 CHURCH
612 1,296 Chancel Repair —capital 612 1,433
285 603 Chancel Repair - Accumulations 285 667
48 Chancel Repair - uninvested
20,570 43,557 Walter Henry
Lintill Memorial		 5,373 25,943 60,740
12,043 Cash carried forward (4)
21 467 57548 Sub Total 26840 62,921
110,131 239313 Totals 100111 234,526

Benefice ~at. Ede rn's Total
At 1January 181,765 57,548 239,313
Income retained in portfolio 146 36 182
Gain on disposal ofshares 1,540 1,540
Revaluation 16,352 5,338 21,690
Transfer to Parish 28,199 28,199
171,605 62,921 234,526
*Restricted See Note 11 71,225 62,921 134,146
Unrestricted See Note 11 100,380 100,380
171,605 62921 ~234 526
Movementr Addns Gain on Revel Transfer Total
~Dis oasis to Perish
Unrestricted —Per SOFA 1,540 9,595 (28,199) (17,064)
*Restricted -Per SOFA 182 12,095 12,277
Total 182 1 540 21690 28199 4,787