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|Legal and administrative||information||
|Trustees report|||3-5|
|Independent<br>Examination||report|6-7|
|Statement<br>offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements||10-15|





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|Towy Community<br>Church 07|Towy Community<br>Church 07|181550|181550|||||||
|---|---|---|---|---|---|---|---|---|---|
|STATEMENT OF FINANCIAL||ACTIVITIES|||for the period ended 31st December|||2021||
|||||Unrestricted|Restricted|Total||||
||||notes|Funds|Funds|Funds||~last|ear|
|Incomin<br>Resources|||3|||||||
|Donations,<br>Legacies &Similar Incoming resources||||||||||
|Donations<br>Income||||68,611|35,195|103,806||134,225||
|Grants<br>received - Unrestricted||||22,084||22,084|||23,174|
|Grants<br>Received - Restricted|||||266,180|266,180||287,116||
|Incoming<br>Resources from|Operating||Activities|||||||
|a) in furtherance<br>ofthe|charity's objectives|||||||||
|Trading<br>income|||||573,709|573,709||346,158||
|b) for generating<br>funds||||||||||
|Fundraising||||||||||
|Investment<br>Income||||||||||
|Bank Interest Received||||||||||
|Other Incoming Resources||||||||||
|Tax Rebate from Co~nant/Gift||Aid||5,785|1,907|7,692|||9,046|
|Other income||||4,222|4,380|8,602|||30,686|
|TOTAL INCOMING<br>RESOURCES||||100,702|881,371|982,073||830,406||
|Resources Ex ended||||||||||
|Costs ofgenerating<br>Funds||||||||||
|Fundraising<br>Costs||||||||||
|Charitable<br>Expenditure||||||||||
|Grants/Gifts<br>in furtherance<br>ofobjectiws||||7,890||7,890|||7,659|
|Resources<br>Expended<br>on|Management||&|||||||
|Administration<br>(including<br>Xcel costs)||||92,864|742,724|835,588||887,115||
|Support Costs|||||9,909|9,909|||16,361|
|Governance<br>Costs:||||||||||
|Audit Fees|||||2,500|2,500|||2,500|
|Fees for preparation<br>ofaccounts|||||900|900|||900|
|TOTAL RESOURCES EXPENDED||||100,754|756,033|856,787||914,535||
|NET INCOMING RESOURCES Before transfers||||52|125,337|125,286|||84,129|
|Transfers<br>Between Funds||||||||||
|NET INCOMING RESOURCES After transfers||||52|125,337|125286|-||84 129|
|Gains/Losses<br>on Revaluation|ofFixed Assets|||||||||
|NET MOVEMENT<br>IN FUNDS||||52|125,337|125,286|-||84,129|
|Total Funds<br>Brought<br>Forward||||22,909|943,591|966,500||1,050,629||
|Total Funds<br>Carried<br>Forward||||22,858|1,068,928|1,091,786|||966,500|








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|8.1 Staff Costs||||||
|---|---|---|---|---|---|
|||||This Year|Last Year|
|Gross Wa es 8||Salaries|incl. ER NI|522,930|575,287|
|Pension Costs||||10,729|11,476|
|Redundanc|Costs||||36,306|
|8.2 Number of|Em|lo ees||||
|||||This Year|Last Year|
|Full time em|lo|ees ore uivalent||34|47|



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|.Fixed|Assets||||||||
|---|---|---|---|---|---|---|---|---|
||||Furniture||8|~Xcei Ca ital|Xcel Bowl|TOTAL|
||||ettueiment-|||~Ex enditure|EctuEiment-||
||||General|Funds||~Bail dim|Restricted||
|||||||Restricted|||
|0 enin|Balance Cost|||18,050||1,549,051|423,321|1,990,421|
|Additions|in Year||||||5,142|5,142|
|Dis osals in Year|||||||1,233|1,233|
|Closin|Balance at Cost|||18|050|1 549051|427 229|1 994330|
|Opening|Accumulated|||16,218||228,495|369,133|613,845|
|De reciation|||||||||
|Char e|for<br>ear||||721|30,981|16,548|48,250|
|Released on Dis osal|||||||581||
|Closin|Accumulated|De reciation||16|938|259476|385100|661 514|
|Closin|Net BookYalue|||||1,289,575|42,129|1,332,816|





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|following<br>amounts<br>were paid to trustees as salary<br>ument:-|for specific employment<br>roles as permitted<br>in the|
|---|---|
|Name|EThis Year|
|David Insull|15,128|
|Paul Griffiths|26,201|



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|||||This Year|Last|Year|
|---|---|---|---|---|---|---|
|Due <br>Total|within<br> Due|1 Year<br> under operating|lease|6756<br>6,756|j|20,268<br>27,024|





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