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2022-12-31-accounts

Charity Information 2-3
Trustee's Report:
Report ofthe Independent Examiner
Statement ofFinancial ActlviTies
Balance Sheet
Statement ofAccountlnff Policies 10-13
Notes to the Accounts 14-23

CHARITY INFORMATION
Charity Name
Pdcr to 30th January 2022:
The Rectorial Benegce ofCyncoed
Parochial
Church Council
(known informally as 'Cyncoed Ministry Area' )
Effective ffom 30th January 2022:
East Cardiff Ministry Area
Registered
Charity
Number
1136081
Principal Address
Ag Saints' Church
256 Cyncoed Road
CARDIFF
CF23SRU
Contact Details
Tek 02920752138
Email: admin@eastcardiff. church
Website: eastcardiff. church
Charky Trusses
Ex-Officio
The Revd James Henley (Co-chair)
The Revd Anthony Beer (appointed 8 Msy 2022)
The Revd Rosemary
Hill (appointed 8 May 2022
The Revd Canon Andrew
Hutchinson
(appointed
8 May 2022, regred
25 December 2022)
The Revd Gareth
Rayner-Williams
(appointed 30January 2022)
The Revd John Thorns
(retired September 2022)
The Revd Tins Parry (appointed 25June 2022)
Rhys Collins (Churchwarden)
David Evans (Churchwarden)
(appointed 8 February 2022)
Eiected
Maureen
Archard (appointed 6February 2022)
Louise Brownsey (appointed 23April 2023)
Patricia Charles (appointed 6 February 2022)
Mskhew
Collins (appointed 6 February 2022)
Suzy Collins (appointed 6February 2022,retired 23 April 2023)
Sally Device
Helen Dharmasens
(appointed 23April 2023)
Susan Fergusson
Caroline HarNsld
(appointed 23April 2023)
Rosemary James MBE(appointed 8 February 2022)
Philip Jones
Jennet Mundy (appointed 6 February
2022)
Jennifer Perry (appointed 6 February 2022}
Lesley Read (appointed
23April 2023)
tricky Smilh (retired 23 April 2023)
Zoe Ward (appointed 6 February 2022, refired 23Aprg 2023)
Rebecca Wigams
Co-ripted
Clsire Ingrams (appointed
31 March 2022)
Matlhew Turner (appointed 8 February 2022), (Co-chair —transferred from Elected to Cc-opted member 23 April
2023)
Matthew Woodford
(retired
1 September 2022)
lan Loynd (appointed 8February 2022)

Stalament ofFinancial Stalament ofFinancial ActlvlSes ActlvlSes ActlvlSes (Incorporating an Inconw and Expenditure
Acmunt)
and Expenditure
Acmunt)
tbr the year ended 31 December 2022
2022 2022 2022 2021 2021 2021
Unrestricted Restricted Unrestricted Restricted
Funds Funds Total Funds Funds Total
Nolo
INCOMING RESOURCES 1
Income and endowments from:
Donations, legacies and grants 119,213 29,792 149,005 64,818 04,818
Charitable
acfiviliss
22,738 3,447 20,185 9,702 - 9,702
Investmsnts 930 2,881 3,811 1,712 2,108 3,820
Other income 21,070 5,071 25,141 $8,780 - 38,780
Total Inccuie 1$ $61 41191 205142 116012 2108 117120
RESOURCES EXPENDED
Expenditure on:
Charitable acSvities (194,112) (47,025) (241,1$7) (117,316) (032) (118,248)
Other expenditure (2,400) - (2,400) (2,160) (2,160)
Total expenditure 198612 47026 3637 119470 032 20 8
Net Income before Investment
gains/(losses) (32,681) (SJ34) (30496) (4,464) 1,176 ($,288)
Net gains/(losses)on
Investmentm
(Losses)/gains
on rsvalusfion
of
invsstmenis 10 (1,199) (13,744) (14,943) 9,873 12,095 21,958
Invsstmsnt
income
re-mvested 706 700
(Losses)/gains
disposal
of
investmenh (4,454) (2,913) (7,367) 1,540 1,540
Net (expense/income before
extraordinary
items
($8,214) (21,706) (59,999) 6,949 1$,271 2S,22S
Extraordinary
income
160,898 160,898
NET INCOME AND MOVEMENT
IN FUNDS 38214 1$9113 100890 0949 13271 20 220
Rsconcilislion cfFunds:
Total funds brought forward 140,$41 197,859 338,200 133,392 184,588 317,980
Fund transfers 13 (281) 281
Total funds carried forward 101040 337 63 43909$ 140341 107SSB 3$8200

2022 2022 2022 2021 2021 2021
Unrestrlcksd Restricted Unrestricted Restricted
Funds Funds Total Firrid% Funds Total
Note 8 2 8 8 8 8
Fixed Assets
Tangible assets 1,008 26,019 29,025 228 342 570
Investments
Common
Investment
Fund 10 10,228 128,991 139,217 100,380 134,148 234,526
Total fixed assets 11232 157010 188242 100608 134488 235098
Current assets
Cash at bank and in hand 132,313180,243 312,558 54,831 63,371 118,202
Debtors 2209 2209 12047 12047
13 522 180243314765 68878 83371 1$0 49
Cmdltors:
amounts
falling
due
within one year:
Accruals
and credit balances
(9,730) (9,730) (8,944) (6,944)
Amounts
due to
diocese 34 173 4 178 20201 20201
Total current gabllltles 12 4 908 43808 7145
Net current assets 90,814 180,243 270,857 39,733 63,371 103,104
Net assets 101846 337253 4$9099 140341 197859 3$8200
Brought forward 140,341 197,859 338,200 133,392 184,588 317,980
Trsnsl'ers (281) 281
(Deficit)ISurplus
Carried Forward
ForYear 38214
13101848
139113
$37 53
100899
439099
8949
140341
13271
197859
20220
338200

1
INCOME
Unrestricted Restricted 2022 Unrestricted Restricted 2021
Funds Funds Total Funds Funds Total
2 6 8 8 8 6
Donations snd Legacies
Planned
Giving
84,163 2,612 88,996 46,553 46,55$
Loose Cosecccns 13,409 50 1S,45$ 1,447 1,447
Tax Refunds
(Girt Aid)
15,$52 109 15,481 15,224 16,224
Donations 6,209 21,041 Ssetts 442 442
Legacies 1,152 1,162
Grants 4980
1191329792
4980
149005
0 818 8481$
Charitable AcsvlSes
Fees
-Baptisms, Funerals and
15,043 554 tsg$7 4,537 4,637
Weddings
-Hall hire 6,087 0,0$7 5,105 6,186
-Money Raising Events 1,608 2,803 4,601
22738 3447 28186 702 9702
Income From Investments
Fixed Asset Investment Income 892 2,049 2,941 1,712 2,050 $,782
Deposit Account Interest 38
9SB
$32
2881
870
11
1712 56
68
21083820
Other Income
Other Incoming Resources 5,071 11,037 3,132 $.1$2
Furlough
Government
Grant 288 286
Ministry Area Rebate 14204 '14204 35360 36 360
21 70 5071 20141 $8780 38780
Extraordinary
Income
Merger ofParishes 100898 100888
160$$8 180808

2
EXPENDITURE
2
EXPENDITURE
Unrestricted Restricted 2022 Unrestricted Restricted 2021
Funds Funds Total Funds Funds Total
6 6 2 6 2 2
Charitable AcSvl6es Expenditure
Support for Minisby 112,354 28,017 'l40,371 64,200 64,200
Maintenance ofServices 16,022 18,922 3,104 3,104
General Parish Expenses 31,881 4,303 36,184 16,638 16,638
Maintenance ofChurches 28,015 28,015 9,587 61S 9,567
Maintenance ofProperly $,358 8,389 9,745 947 947
Mission (DonaSons) 256 7,974 8,239 2,799 2,799
Dsprecls5on 228 342 670 41 114 'I55
19 112 47025 241 137 117316 9$2 118248
Other Expenditure
Leoal and Professional 2400 2400 2180 2 180

9
TAN
GIBLE FIXEDASSETS
~Eui ment ~ee od 2021
i)~a~et II
Funds
estricted
Unde
Igfitua(emggla
Restricted
~ds
Total
5 6
Cost Brought Forward 4,557 1,696 6,253 8,253
Additions
Disposals
1,008
4557
16 28,019 29,025
6253
Cost Denied Forward 1 006 28019 29025 6 53
Depreciation Brought Forward 4,329 1,354 5,683 5,528
Disposals (4,329) (1,354) (5,683)
Charge For Year
Depredation
Carried Fonvard
155
~5883
Net Book Value Brought Forward 570 725
Net BookValue Cerned Forward 1 08 28019 29 25 570

Merger Purch asser
Shares Fund Dlspossls Shams Value
No No No 6
Sgnlstry Area
50,844 Bequest for Ministry Area In general (20,000) 5,551 11,632
4,830 11,327 legacy —eccunnlleSon fund (4,03S)
54 (aguey- Unlwestsd 10,00S
42,873 100,379 Religious Purposes for the Mlnlsby Area (37,094) 4,870 10,224
1 Uninvested 2
171 OS Sub Total 10430 32701
StEdeym's Chumh
012 1,433 Charnel Repair- capgal 012 1,203
205 607 Chancel Repair- Accumulations 285 507
04 Chancel Repair- uninvested 121
60,740 Menmrlal 25,043 54,368
Cash cerned fonsard
SlAugus6ne's
Chumh
Churchyard
Trust Capital
3,375 3,375 7,073
Churchyanl
Tnnt Income Accumulation
690 690 1,463
Unbtvested 217
Second Clnsehysnl Trust CaPgal 3,050 6,405
Uninvested 'I
Subtotal 7 120 15157
StMegons Church
Specgc Graveyard Trust 3,125 3,125 8,540
Clssehlrenl
Tnlst
100 210
Church repalm Trust 3825 3,325 6,007
Invesbnent cfParochial Monies
Capital 2,742 2,742 5,746
Accumulation 7,128 7,128 14,937
Unblvalned 526
21 Sub Total
100111 234 828 Totals 00 10 130 17

IBlnlalry 8t St. St
Ams Edaryna Augustlnea Megons Total
AtI Jsnuery 171,605 62,921
Merger 18,739 38,557
Inoome rslsined In porghBo 37 159 412
Loss on disposal orshares (7,367)
RevaluaBon (2A84) (6,594) (1,751) (4,034) (14,943)
thrpBal tmrmler to Parish 129DDI 129
1
$2781 6 $04 1 107 0$6 1$9217
'Reslrloled Ses Nolo 13 58,364 15,157 34,9$5 120J101
Unreslrlded See Note 13 10226 ~10228
32761 ~1$9217
Lass on Revel rrsnsnrr rond
Brought Merger Income
FolwRrd
f f
Unreslrkted 100480 (4,454) (1,199) (84,501) 10,22$
*Rertrloted 134,146 55,296 708 (2,913) (13,744) (44,500) 120,991
Total 2
620
66296 706 730 1 43 129 001 1$9 17

2022 2021
8
Amounts due from diocese or parish share rebate and refunds 2,209 500
Giit Aid 11,500
Other debtors 47
2209 12047

2022 2021
8 8
4,800 2,040
4,930 4,904
34178 20201
43 08 27145

1 January Merger Income Expenses Transfers Transfers 31 December
2022
f
6 6 6 2022
Restricted
Funds
Tengitrte FixedAssets
Computer
Equipment
Leasehold Improvements
342 (342) 28 019 28019
Total Fixed Assets 342 2 1$ 2 019
investments
Religious purposes
only
Maintenance
of:
59,843 (3,709) (44,500) 11,634
Area church buildings
StEdeyrn's
church
St Edeyrn's chancel
StAugustine's
churchyard
StMellons churchyard
StMellons church
St Mellons church purposes
11,381
60,739
2,183
16,739
7,551
7,785
23221
88
37
169
412
(569)
(6,374)
(220)
(1,753)
(792)
(816)
2424
10,900
54,365
2,000
15,155
6,759
6,969
21 209
Total investments 13 148 SS $6 708 SeeS 44S00 128991
Cash
Mission in the Area
Religious purposes
only
As Saints' Organ fund
25,014
1,017
1,970
11,865
-
9,590
1,906
1,487
P,974)
(1,303)
281 26,630
13,766
3,457
Children
ecgvISes
847 652 1,499
Maintenance
and renovsfion
ofbuildings
and churchyards
Area buildings as a whole
As Saints' Cyncoed
Sr Edeyrn's
StAugussne's
Rumney
St Dyfrig's Llanrumney
St Masons
StAugustine's
choir fund
10,025
11,453
13,045
8,079
48,959
5,668
623
11,383
3,788
1,094
3,677
105
8,900
(885)
(4,887)
(817)
16,481 37,889
15,241
13,254
6,869
49,064
11,951
623
Cash reserves on merger
StAugustine's
Romney
StDyfrig's Usnrumney
StMellons
23,782
4,235
2391
609 (23,782)
(4,235)
3000
Total Cash 6 371 106602 41191 46683 16762 180243
Total Restricted Funds 1$7,869 160,898 41,8$7 (63,682) 281 337+63
Vn-restricted
Funds
140,341 163,960 (202,164) (281) 101,846
Total Funds 338200 160898 206847 266 46 439099

The comparative
am
ounts
fo
r the mo vemen ts
on funds are:
1January Income Expenditure 31December
2021 2021
Restricted Funds 8 6 6 6
Tangible FixedAssets
Computer
Equipment
114 342
Total tangible fixed assets 114 342
Investmsnts
Religious purposes
Maintenance
ofthe
the Area
only
church buildings
in 54,123
10,198
5,720
1,183
59,843
11,381
Maintenance
ofSt
Maintenance
ofthe
Edeym's
Edeym's
Chancel
church
in St
55,600
1,947
5,139
236
60,739
2,183
Total investments 121 68 12 78 134146
Cash
Mission
ln the Area
Religious purposes
Organ fund
Children
ac5vi8es
only 25,000
1,970
847
14
1,017
25,014
1,017
1,970
847
Restoration
Fund
Maintenance
of Buildings
24,454
9993
44
850
818 24,498
10025
Total Cash 1926 18 83371
Total Resefcfed Funds 18 688 1 203 197S59
Vn-restrfcted Funds 133,382 126,426 Ittsr476) 140,341
Total Furrds 317980 140628 120 08 338
0