REGISTERED CHART NUIIBER: 1137284 REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEMEf*TS FOR THE YEAR EfwED 31 DECELKBER 2023 FOR THE lTRy AREA COL.NCIL OF BEECHWOOD MLNISTRY ARE&.YEWPORT Arthur Gait & Company LTmited Chartered Certifi¢d Aountants 18 Gold Tops ewport NP20 5WJ
THE MINISTRY AREA COUNCIL OF BEECHWOOD MINISTRY AREA, YEWPORT cOTErS OF THE FINNcIAL STATEMEITS FOR THE YEAR EliDED3A DECEMBER2023 Page Report of the Tru5ttts llldependellt Examlner's Report Statement of Flnanei81 Activitie5 Balanee Sheet otes to the Financial Statements 8 to 22 Detaikd Statement ofFiDallci#l Activities 23 to 25
TKE MINISTRY AREA COUNCIL OF BEECHWOOD MIP41STRY AREA..YEWTORT REPORT OF THE TRiJSTEES FOR TUE YEAR ENDED 31 DECEMBER 2011 The Beechwood Ministy Ar w&$ foTrned in January 20?2 05 a RtorIal Benefice of the urCh in Wales, wiihin thg Diocese of Monmouth, by merging the following previously separdte parishes :_ Holy Trinity, Neyort (Chris¢Ghurch Parish) St Andrew, Newport {Lliswerry Parish) St Cadoc, C2erleon (Caerleon Parishl St John F.vangelist, Maindee & St Mary. Newport (M&inde¢ Parssh) St Julius and St AamtL Newport (St Julian's Parish) St Teilo, Newport (Alway Parish) A5 a new large ministry are4 and as part of the diocesan programme for ministy ams in genernL we have been requtred to take on registered charity statlls. Hoi*ever, we have inherited this status frorn St Cadoc's, which w&s already a registered charity. and the terms of the charitable registration have been changed to embrnce the other churches with the ¢lertcd Ministy Ar¢a Council (legall> the B¢ll¢fic¢ PCC) serving tru5tee5. The tnjstees present their report with tbe finat)cial statements of the chajity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting 2nd Reportltig by Clwities: Statement of Recommended Prdctice applicable to charities preparing their accounts in accordance with the Finamcial Reporting StsndwAI applicable iti the UK and Republic of Ireland (FRS 102) (effecuye I Sanuary 2019). OBJECTIVFS AND AcfMTIES Objectives And aiws The charitable object is the promotion of the whole mission of Churcb pastoraL evangelisuc, social, and e¢umeni¢al. Slgnlfieallt aetlvitles As Beechwood Ministy Area 15 a registered clwity, governanc¢ needed to be discussed in detril to ¢nable the Mtnistry Area tThstees, ID particular. to operate more effectivel.ThEs was swred ar the beginning of 2023 Ith substanttal progress being made at the year ead. During the year. various necessary tepaits were conducted on Dne church, Holy Trsnity. Despite Close monitoring, part of Holy TrilliS chllrchvard Wdll collapsed onto tlie highivay 2nd it will be fvlly rep&ired durillg ?024.The trustees sold & grade two listed domestic properti. that belonged to Hoty Trinity because of the increasitig required ci>sts to n)aintain iL Beecbwood Ministy Area placed more of an empbasis in 2023 on c4)m]nunicatkOD through impn)ying the methods, whether they be ele£tronic or noÉ.This h&s resulted in there beintw more eollabordtive events bettveen the six churches and their communities. Such activitie5 included rnission and outreach where three of the five branches namely Stewardship. Equality and Diversity'_w"elcoming all and Environmen4 Caring for God's creation were laullched with key sp¢ak¢rs on each bT3ncb and further aCtiti45 followed as & resulL Addition414ciivities included churcb warm hub dCentia frÉendly ecumenical projects. commwiiry coffe¢ OrningS. pastoral visiting. children and young ople being involved in Th'orship and Community eventy, food bank collections: breakfast clubs, involvement in community garden projects and the use of churcb buildings by secu]ar con]mullity group& Public benefit The trustees conftrni that they h&ve complied with their duty in section 17(5) of the Cbarities Act 2011 to have due regard for public benefit .The object for which the cbarity ts establithed is to pn)mote tbe Gospel in line with the teachings of the Chw¢h in Wales and the achieven]ents of the ChaTty in meeting these objects for 2023 hav6 been sulljmarised in this report. ACHIEVEMENT AND PERFORMANCE The trustees are aware of t]Le benefits of WOTknDg together and ag a result tbe local ChurChwarde alld local treasure have particulY bellefttted from working collatx)ratively achieve cenatn outcomes. These two groups have alsQ supported olle another and consequentl> haye not been afraid io share ideas to help other> in achieving goals. Pag¢ I
THE miwfRY AREA COUh'CIL OF BEECHWOOD REPORT OF THE TRUSTEES FOR THE YEAR EYDED 31 DECEMBER 2023 FINANCIAL RIVIEW FlnanelAI p)sition Total in¢om¢ for the year w&$ £445,783 (2022- £2.288,770). £1,932,513 of i&%t yeavs incorne was the introduction of the net &ssets of 5 cburches that were in¢orporat¢d into the Ministry Are& The Ministy Area's totsl find%, as at 3 1st December 2013, were £3,156,487 Q022- £3,026.331) of ThiCh £1,671,341 (202? . £1,517,302) were held as r¢stricted see note 15 for 11 details. Funh¢r th•t W&8 £1,006,652 (2022 -£1.001,031)) of desigijated fiwds, see note 15 for fvll details. Pri¢11 funding souree5 A mixed ponfolio of inconie 5treaTDs provides the fundino llece55ary to enable the ¢harity to undertake its workThes¢ include regular giving from pabiOners. l¢gacies, rents and inl'estment income. Inv¢sttlleDt PDlicy and obJeetive5 In accordance with th¢ constituiion funds owned by the charity which are not required for CUent expenditure are invested under the direction of trt¢¢5. Reserves pollcy The ¢hority considers that the reserves shoutd enable the charity to be self supwning for a consid¢rabl¢ aoUllt of time bearing in mind that approximately s/0 of the clwitys reseryes hre held in restricted funds. Funds held Details of the charlS funds are sbown in notes 15. 17. and 18. FUTURE PLANS The trustees. as the Beechwood Ministry Area CouttciL ultimately make any major decisions with eaeb individual chUh having a local church council responsible for Iwal ¢hurEh iUeS. the latter of wbich act as scoMmEtt¢es of the former. Any significant decision5 made at local church council church level have to b¢ P8S>¢d to the Ministy Area Council. Thi8 inter. relatlonship will continue as flltre cballenges ptrsenL As can be deduced by the fjnancial review, the Ministy Area is operating at a los8 when net gains investellts are excluded. with some churches havTDg to rely on reserves to 5uppIcTtTht operating costs. As has alreadv been mention¢iL over&lL our churcbes and churchyards are ainteThallce and money hungry because of factors includints their stnllcttes. age and legis&¢ion. Dllrillg 2024, SS Julius and Aarou Thryll b¢ focu5sillg on obthining finance to conduct nSsry repairs to their windows. Additionally, due to a legacy and yeS of planning, th6 refitrbishment of St Cadoc's church is due to commence. Fwthermore. there will hav6 to be a focus on generatiDg mucb needed inoorne. This ]Leeds to conducted alongside addrcssing the five brdnches of mission which the Diocese of Monmouth is promoiing as part of a cultural Cttge project called'Faith in our Future. of which the nllin &im is to reverse the growing trend of decline in chUh attelldance. STRUCTURE, GOVERNANCE AND LANAGEmE.T Governirjg doclltnellt The charity is coutrolled by The Co[tiltion of the Chwch ID Wales which it adopted and ConStiteS An unin¢oryy)rated charity. Charity constitutlott The constitution of the charity is, Sitnpty, the Constitution of the Chur¢h in Wales. However. the charity does have Tern of Reference. hICh the Mini5ty Area has adopted for its day- t day olall05. Reeruitment and appJintrn¢Dt of new trustees The Trustees are recruiLEd frotn tbe six Churches that comprise the Ministy Are& Decision mLking Decisions in relation to the Ministy Area are made collectively by the Trustees at their regular meetings. Page 2
THE TrttNtSTRY AREA COUNCIL OF BEECHWOOD MINtSTRY ARE& NEWPORT RF.PORT OF THE TRUSTF.ES FOR THE YEAR E.NDED 31 DECEMBER 2023 STRUCTURE, GOVERNANCE Af4D MANAGEMENT Key management persoRuel The Trustres eonsider that they conwise the management of the Ministy Area in Chge of directin& ¢olltrolliD& nning and operating the charity on a d&y-t(Hlay basis. Th¢ Ttustees are appointed to their positions and do Thot receive any fiJDding for the work that they undertake on behalf of the ¢harity. Risk mallagement Safety aml other procedures have been put ia place in the Churches of the Ministry Area. All risk and Sety related pro¢edures required by th¢ ConstiDJtion of the Church in Wales ate in place across the Ministy Area. They are mollltored by the Ministy Ar¢8 Coun¢il and its su10[[ttees, and where needed, tsilornl to the individual churches to meet local ted. The buildings are wider constant review and are always being improved and repaired . Some builditigs can be e4sily repaired whilst other works need an architect resulting in specialist work betng 1¢ OUL UnfortwHfety, no lime limit cart be put on any of the larger wokn but most relatively thillgs can be done quickly. REFERENCE AND ADMINtSTRATIVE DETAILS Registered Charity number 1137284 Principal &ddre5S St John's Chuwh 25 St John's Road Newport South Wales NP19 89R Trllstees The ReN.'d Dr W C tngle-Gillis (resigtted 1.4.24) The Re d D C Matth¢w5 The Rev'd S A Pratten The Rev'd L Batt The R¢v'd S D Blew¢tt (re$led 31.1.23) The Rev'd S J He1kn75t The Rev'd G Wilkins Mrs M D Atkins (resigned 20.9.23) Mrs S J Batey MsAJBer Mr H Dewar (resigned 1.4.24) M5 P Dixey Mr T Ford Mr Nl Friend Mrs T Harris Mrs J J HaiTrvard Irs W Matthews Mrs P V Ward Mr H R Wigmore (resigned 1.4.24) Mr S Adattts (appointed ?0.9.23) (resigned l2.5.24) Independ¢nt Examlner Arthur Gail & Cotnpally LiTnited Chartered Certified Accountants 18 Gold Tops Newport NP20 5WJ Page 3
REFORTOFT£E TRusfELS CONCLt1810N itsIKhtJf by: MSP
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE I[NISTRy AREA COL.YCtL OF BEECHWOOD MINISTRY AREA, NEWPORT Independent examiller'5 report to the trustees of The Ministry Area Counell of Bttchwood Ministry Area, Newport T report to the charity trUSte¢s on my examination of the accounts of The Ministy Area Council of Beecbwood Ministy Area, Newporr (the Thst) for the year ended 31 D¢¢¢mber2023. Responsibilities and basis off report As the charity tNstees of the Trust you are responsible for the preparation of th¢ counts iti accordance with the requirements of th£ Charities Aet 2011 {Yhe Acy). report in respect of my examination of the Tt'S accounts carried out under Section 145 of the Act and in canying out my examination I have followed all applirable Directions given by the Clwiry Comn)ission under Section 145(5Kb) of the Act. IndepeDdellt examiner's statement Since your ¢harity's gr055 income exceeded £250.0(K) your examiner must be a mernb¢r of a listed body. I can confjrm that l am qualified to und¢rrak¢ th¢ ¢xarnillation because l a mejnber of the IDStitute of Clwtered Accountants in ErtgId and Wales, which is one of the listed bodies. I have completed my examination. I confimi that tto material matters have come to my attenuoTk in c¢)Dnection Miih th¢ ¢xamination giving me cause to believe that in material resp¢ct: counting records were noi kept trl r¢5Pg¢t of th¢ Trnst as required by Section 130 of (be Act: or th¢ ac¢ounts do not accord with those records. or the a¢¢ouTLts do not comply with the appIlble requirements concerning the fomi and content of accounts set out in the Charities {A¢vts and Reports) Regulat&ons 2(M)8 other t1] any requirement that the accounts give a tru¢ and fair view which is not a ntter collsidered as part of an independent ¢xwination. I have no concerns and haye come Jcross no oth¢r matters in COT]ne¢tion with the tdltion to which attention should b¢ drawn in Èhis repjrt in order to enable a proper widerstanding of the a¢¢ounts to be rea¢hed. C J Pritchard FCA The Instilute of Chartered Accountants in Engknd 2nd Wales Arthur Gait & Cornpall). Lilled Chartered Certified Accountants 18 Gold Tops Newport NP20 5WJ Date- ...... Page 5
THE Mif+llSTRY AREA COUF4CtL OF BEECHWOOD MThisfRY ARE& NEWPORT STATEMENT OF FLNLNCIAL AcrtVTfIES FOR THE YEAR EJ'DED 31 DECEMBER 2023 31.12.23 Total runds 31.12.22 Total fimds UnTrstricted fiuhds Restricted Notes INCOME AND ENDOWMENfs FROM Dollations and legleS 265.137 10.567 275,704 2,156,683 Charitable activities Services 21.(K12 818 21,820 25,561 OttrLer trdding activities Inv¢5ttnent in¢ome Other income 86,380 40,254 4,920 S,118 11587 91,498 51,841 4,920 58,357 44,764 3,405 Total 417.693 28.090 445,783 2.?88,770 EXPENDITURE ON Raising fimds 1214 400 1,614 667 Charltsble aetlYlti&8 Services 482,232 88,814 571,046 466,536 Total 483.446 89.214 572.660 467.203 Net gJin&l(losses) on investments 160,765 96268 257,033 (208,1081 NET INCOME Transfers between fun 95,012 (118,894) 35,144 118.894 I30,156 1,6l3,459 15 Net 0veent fullds (23,882) 154,038 130,156 1,613,459 RECONCILIATION OF FUNDS Total fid5 brought foftvd 1.509.029 1.517.302 3,026,331 1,412,872 TOTAL FUNIXS CARRIED FORWARD 1.485.147 1.671.340 3,156,487 3,026,331 The notes forni part of these financial statements Page 6
31.1223 31.12.22 Ttttt8ibl¢ assets 5314 451.426 532.490 106&767 659,5 .1.931203 12 1fi1SJ41 983.916 1fj15J41 99257 1641338 13 in hand 22827 545598 8,S51 404,613 489.598 5&IM) 511425 568.425 413.16$ CRKDrro 14 01.195) (I l.E95 J (28.771) 501230 5&000 557230 384J93 I.4.146 1.671J41 3.15&4 3.026,331 FIT 1.485.146 .671.341 3.156,4SV 3.026J31 Is 1,485.146 1ffl1.341 I,5).19 1517,302 3.156.487 3,026J31 MrsP VWgrd.Th&*e
THE MINISTRY AREA COITNCtL OF BEECHWOOD MThISTRY AREA, NEWPORT NOTES TO THE FINANCIAL sfATEMENTS FOR THK YEAR E.NDED 31 DECEMBER 2023 ACCOUNTING POLlCtES Basis of preparillg the fJn&n¢i81 ststements The fiCial statements of the chariry, *bicb is a public benefit entity under FRS 102, have been Prepared in accordance with the Charities SORP (FRS 102) 'Aecounting and Reporting by Charitie$.' Ststement of Recommended Practice applicable to cbariiies preparing tbesr accounts in accordance with the FiDan¢ial Rep)rting Standard applicable in the UK and Republic of treland IFRS 102) (efFtctive l Jalluary 2019),, Fillanrial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The fjnattcial siaÉements have been prepared under tbe historical cost Conventio with the exception of investtllents wbich are itieluded At market vallle, as modified by the revaluation of eertain &4sets. FiD3ll¢l81 reporting st8ndard 102- reduced di5c105ure exemptiolls The charity has taken advantage of the following disclosure exemption in preparing these f]llanCi statements, as permitted by FRS 102 The Financial Reporting Stsndard applicable in tbe UK and R¢pllblic of Ireland,: the requirements of Section 7 Staiement of Cash Flows. AssessmeDt of going CODeern The TnLStees have &%sessed whether the w of the going collcern &sSUWPtion is appropriate preparing these findcial stateJn¢Thts. The Tru5tee5 have rnade this a55es5tnent in Tespect to a period of at least one year frorn the date of approval of these financial statements. The Tn¢¢$ are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due. IDcome All income is recognised ID the Statement of Ftnancial ActitleS once the charity h&¥ entitlement to the funds, ti 18 probable that the ineome will be received and the amount can be rneasured reliablv. Eipenditur¢ Liabilities are recognised a5 expenditure as 500n as there is a legal or collsttuctive obligation comrnitting the charitv io that exwidifte, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure. is accounted for on an accnwls basis and h& beei) classified under headings that aggtrgate all c05l related tht category. WILere costs ca]]not be dire£tly attributed to particular headings they h&ve been all(WT¢d w activities ou a b4sis ¢onsi$tEnt wth th¢ use of resouw¢s. Governance costs Governance costs conprise the costs involving the public accountsbillty of the charity and costs in respect to its complian¢¢ with regulation and good PTartice. Alloeatloll and apportioDJttent of sts Support costs and governance costs ate apportioned on the basis of the use of resources. TAn£ible fTxed assets Depreciation is provided ai the follvwing alval rates in order lo write off each asS¢t over its ¢stiTnated useful Plant and machinery 250h on eost Taiatio Th¢ Gharity is exempt from tax on its charitable activities. Fund aceounting unrestr1cd funds can be used in accordance with the charitable objectives at the discretion of tbe tnjstees. Page 8 continued...
THE MINISTRY AREA COUNcfL OF BEECHWOOD MNSTRY ARE& NEWPORT OTES TO THE FINANCIAL STATEMEYTS. contiuued FOR THE YEAR E.NDED 31 DECEMBER 2023 AccoufATING POLICIES- wntinued Fund accoutIng Restrirted funds can onty be used for particular restricted pthposes within the objects of the charity. Restrictions arise when specified by the donor or fi]nds are raised for particujarrestricted poSeS. Futh¢r explanation of the nature and purpose of each is Includ tn the notes to the financial Statements. Debtors Debtors are recognised at their settl¢ment aiiioiiLIL Pr¢paytllents valued at the amount prepaid. Creditor Creditors are reCOLS¢d when there is an obligation th¢ balaD¢¢ sh¢¢t dat¢ 85 a resu]t of a past ev¢nL it is probable that a ttansfer of e¢onotiJic benefit wi]1 be r¢quired in %ttlemellL and the amount of the settlement ca be estimat¢d reliably. Creditors are recognised at the amount tbe c]witv anticipates it w'ill pay to settle the debt. Voluntary Help No value has been put on the help given by the volunte¢r5 during the year. DONATtONS AND LEGACIES 3l.12.23 31.12.22 Donations Gift aid Legacies Grants Net et5 introduced tn¢rniKr churches 180,655 22.490 32.000 40,559 181,969 38,285 3,550 366 1,932,513 275,71J4 2.156,683 Grdnts receivel included in the alx>ve, ar¢ &% follows." 31.1223 31.12.22 40,559 360 OTHER TRADING ACtivrrIES 31.12.23 31.12.22 Fundraising Other ft]nds gcrt¢rated Hall rental income Magazitke al other pub]Ècatiot] sales Sundry income Church buildll rental knarIsh share rebate 34.094 18,962 19,239 3.117 5,592 715 9,779 11,626 955 11,404 1,895 7,029 2,661 22,787 91,498 58,357 Page 9 ¢ontinued...
THE Mll¥lSTRY AREA COU.YCIL OF BEECHWOOD MI7STRy AREA, NOTES TO THE FINLTriCtAL STATEME)TS- eolltlllued FOR THE YEAR EhDED 31 DECEMBER 2023 INVESTMENT INCO1 31.12.23 31.12.22 Rents reeetved Dividendsllnvestment income BaTEk alld buTrldtng society interest 17,990 30,790 3,061 28,975 15,181 608 51,841 44,764 INCOME FROM CHARITABLE ACTtvrtlES 31.12.23 31.12.22 Activity Services S¢rvices Services Fees for occational offices Wedding fee Blessing fee Publication of banns, fimeral fee, burial fee and memorial 2,182 6,947 580 1,782 11,027 139 12,613 21,820 25,561 RAtSlNG FUYDS Raising doDatlons and legaeie5 31.12.23 31.12.22 Costs of generdting resources- giving Costs of fid raising 178 1,436 153 514 1,614 667 CHARITABLE ACTIVITIES COSTS Support eosts (see not¢ 8) Services 571,046 Page 10 ontinued...
THE MINtSTRY AREA COL'YCIL OF BEECHWOOD MINtgtRY AREA, PORT NOTES TO THE FLNANCIAL STATEMENfs- ntinued FOR THE YEAR E1)ED 31 DECEMBER 2023 SLPPORT COSTS Services 571,046 TRLSTEESI REMLNERATIOY AND BENEFITS No Tntee received any remuneration. or benefits, in the yesr (2W22- from the ctwity. Trustees expeuse5 No Trustee Teceived ally exp¢nse5 iti the year {2022- Nil) from the charity. io. COMPARATIVES FOR THE STATEL¥IELYT OF FLYLNCIAL ACrEv1Es Unre%tricted Restricted fiwds Total fund8 INCOMB AND ENDOWMENfs FROM Donation5 and IcgAci&g 1.273,395 883,288 2,156,683 Charitsble ietlviti Services 24,494 1.067 25,561 Other trdding activities lttvestment iThcome Other inc0e 58,357 37,048 3,405 58,357 44,764 3,405 7,716 Total lJ96,699 892,071 2,288,770 EXPENDRE ON kaising fid5 667 667 Charitable activities Serviees 460.649 5.887 466,536 Total 461.316 5,887 467,203 Net gainsl(lo&ses} on investments 459.098 (6672Q6) {208,108) NET I.NCOME TraEL5fers between [ndS 1,394.481 (26,947) 218.978 26.947 1,613,459 Net mov¢m¢Dt fllnds 1.367,534 245,925 1,613,459 RECONCtLIATIOPi OF FULIIDS Total funds brought forward 141,496 1271,376 1,412,872 TOTAL FUNDS CARRIED FORWARD 1,509,030 .517,301 3,026,331 Pagell continued..
THE MINISTRY AREA COL'YCIL OF BEECHWOOD MINISTRY AREA, TriEWPORT NOTES TO THE FINANCIAL STATEMENTS- eontlllued FOR I'Hk YEAR EYDED 31 DECEP*tBER 2023 ii. TANGIBLE FIXED ASSETS Freehold property Plant 8md machinery Totsls COST OR VALUATION At l January 2023 Di$posal$ Revaluations 651,500 (250,000) 125.500 10,980 662,480 (250,000) 125,500 A¢ 31 Decejnber 2023 527,000 10,980 537.980 DEPRECIATION At l January 2023 Charge for year 2.745 2,745 2,745 2,745 At 31 December 2023 5,490 5,490 NET BOOK VALUE At 31 tkGEmber 2023 527,000 5,490 532,490 At 31 December 2022 651.500 8235 659,735 Cost or valuation at 31 DeceD)ber 2023 is represented by. Freehold propErty Plant and machinery Totals Valuatioll 2023 Cost 125.500 40I.500 125.500 412,480 10.980 527.IM)O 10.980 537,980 12. FIXED ASSET IP4vEsTIETs Listeol investments MARKET VALLK At l Januarv 2023 AddÉtions Disposals R¢Yalllations 1.982,203 171,129 (219,838) 133,273 At 31 Decernber 2023 2,066,767 NET BOOK VALUE At 31 DeGcmber 2023 2,066.767 At 31 tkcember 2022 I,989,203 Ther¢ were no investment assets outside the U Pag¢ 12 continued..-
THE MINtSTRY AREA COLry¥CIL OF BEECHWOOD IiIBItSTRY AREA, NEWPORT LYOTES TO THE FINLftICL4L STATEMENTS- eontillued FOR THE YEAR ENI)ED 31 DECEL¥IBER 2023 12. FIXED ASSET LNVESTMENTS- Cotinued Cost or Yaluatiou at 31 December 2023 is repLYsented by: Listed investments Valuation in 2022 Valuation in 2023 Cost (228,276) 133,273 2,l61,770 2,066,767 If the investtnents bad not been revalued they wouldbave been included at the following historical ¢0 31.12.23 31.12.22 Cost 2,161,773 2,210.475 Aggregate provisioS 95,003 228,276 Fixed &8S¢t investments were valued on an open maTket b&%is b&8is on 31 December 2023 by VlouS iuve5ttTh¢nt advisers. 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade debtors (hher debtors Prepayments and accrued income 45 5,496 17,286 io 3,776 4,765 22,827 8,551 14. CREDITORS: AMOUNTS FALLING DUE WtTHLY ONE YEAR 31.12.23 31.12.22 Trade creditors Other creditors 5,785 5,410 25,071 3,700 11.195 28,771 Page 13 ontillued...
THE MINJSTRY AREA COUNCtL OF BEECHWOOD M[lSTRy ARE&.YEWH)RT NOTES TO THE FINAfiCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31 DECEMBER 2023 15. MOIT11LYT IN FUNDS Net Transfers between fid$ moveme ill fid5 At 31.12.23 At 1.1.23 Unre8trl¢ted fvnd$ Genernl fund St JOI,9 Choir St John'5 Flower St John's Legacies & Gifts St John's Nightsbelter St John's Organ St John's Parish Building St John's Youth Chtistchurch Church Land Sales Fund Christchurch. Jam Club Christchurch Legaeies 2nd Gifts Christchurch Night Shelter ClASt¢hUrCh Parochial Motiies Fund CbwhurCh Property Fund St Julian's Mission and Maintenance 408,998 196 1.049 76.109 542 4.635 19.131 .074 221,805 256 81.186 1.603 101,945 590.500 8.090 1.253 61,406 1.074 478,494 2,523 1.049 81,544 5,435 (542) 4,635 19,131 (1.074) 17,918 239,723 256 80,512 1,603 109,676 466,000 (674) 7,731 40,434 15 J66 {164.934) {15.366) 1.509.029 95.011 (118,894) 1,485,146 Restrlcted funds Nor¢eTh Burg¢ DHJLewis Chancel Wall Trust Boundary Don Lewis Other Tr4ts Fabric - St Joluj's Legacies olld Gifts Sunday School Christchurch Lands Trust Fund Mission &.Maintenance Fund Grace SisteTS Legacy Proceeds of Sale of Curate's House Community Youth Project Church Wall Fund- East Christchurch Church}'ard Fund Christchurch Fabric Fund Votive Candles St Julian's Window Appeal St Juliall's Wa]singh8tn Fund St Juliatt'slOO Club 703,601 232,196 12,764 47,496 12.493 44.538 11,864 72,125 16,019 4,928 113.635 45,760 60,000 51.523 2,996 601 526 83,567 670 56,838 11,839 1,038 3.693 1,074 3230 ,020 8.623 1,094 349 15,166 760,439 194,035 13,802 51.189 13,567 47,768 12,884 80,748 17,113 5.277 293,735 33,826 60,000 53,871 2,996 601 159 4,840 670 19,1•4 2,fAO 2,057 {50.000) 164,934 {12,000) 2,348 (367) (73,321) (5.406) 3,758 (3,360) 2,057 6,000 1.517,302 35.145 118.894 1,671.341 TOTAL FLNDS 3.026,331 130,li6 3,156,487 Page 14 continued..,
THE i[NISTRy AREA COLryCtL OF BEECHWOOD MINisfRY AREA, NEWPORT NOTES TO THE FINANCI.AL sfATEMENTS- continued FOR I'HE YEAH E.NDLD 31 DECEI¥IBER 2023 15. MOVEME7 tN FUNDS- continued Net movement in funds, itiGlud the aixTrv¢ ate &5 follows.. Incoming Resour¢¢s Gains and losses MovemeDt in fimds UrtrICted funds General fund St John's Choir St John'5 Flow¢r St John's Legacies & Gi118 St John's Nightshelter ChtlSt¢hur¢h Church Land Sale5 Fund Christcburch Legacies and Gifts Christchurch Parockn"al Monies Fund Christchurch Property Fund St Julian's Mi&sion and Maintenance 389.530 (390,154) (861) (100) (1.134) (542) 8,714 8,090 1,253 100 300 6,269 5,435 (542) 17,9l8 (674) 7,731 40,434 15,366 5,545 2.346 2.392 12,373 2,570 5,339 125.5(Ml (5,590) (85.066) 15.366 417.693 (483.447) 160.765 95,011 Re5tri¢ted fund5 Noreen Elurge DHJLewis Chattccl 'all Trust Boundary Don Lewts Other Trusts Fabric- St John's Legacies and Giti4 Sunday School ChristLhurLh Lands Tnt Fund Mission & Maint¢nanc¢ Fulld Proceed5 of Sale of Curate's House Christchurch Churchyard Fund Chtistchurch Fabric Fund St Julian's WAndow Appeal St Julian's Waisingham Fund St Julian'sloo Club 56.839 11,839 1,038 3,693 1.074 3,230 I,o?o 4,156 756 241 12,381 56,838 11,839 1,038 3,693 1,074 3,230 1,020 8,623 1,094 349 15,166 66 2,348 (367) (73,321) 3,758 (3,360) 2,057 4.467 338 108 2,785 1,187 2.348 818 3,634 3,758 0.191 2.457 (1.121) (1,185) (76.956) (9.551) (41M)) 28.090 (89,213) 96.268 35.145 T(YT AL FUNDS 445,783 (572,660) 257,033 130,156 Page IS continued...
THK MLYISTRY AREA COLFTriCIL OF BEECHWOOD Mif*lSI RY .4KEA,.YEWPORT NOTES TO THE FtVAVCIAL ATEmENTS- £ontiDued FOR THE YEAR E.YDED 31 DECEMBER 2023 15. MOVKMKNf IN FUNDS- eontinlled Comp¥4ratlYu for movemeot tll funds Net ov¢ment in fiTnds Trdn5f¢rs between fun(ts At 31.1222 At l.1.22 Unrtstritted fuNd$ General fuDd St John's Choir St John's Tr lower St John's Legacies & Gifts St John's Nightshelter St John's Organ St John's Parish Building St John's Youth Chtistchurch Church Land Sales Fd Christchurch- Jam Club Chri5tchuryh Legacies and Gifts Christchurch Night Shelter Christchurch Parochial Monies Fund Christthurth Prop¢rty Fund 141.496 294.449 196 1.049 76.109 542 4,635 l9,131 1.074 221.805 256 81,186 1.603 101,945 590,500 (26,947) 408,998 196 1,049 76,109 542 4,635 19,131 1,074 221,805 256 81,186 1,603 101,945 590,500 141,496 1.394,480 (26,947) 1.509,029 RestTiCted funds Noreen Bue DHJLewis Chancel Wall Trust Boundary Don LeMq5 Other TnLSts Building Fund D Lewis Churchyard 892,523 260,358 13,975 51,946 13,899 49.552 13,199 (26,564) 3,628 819 (30) (7,284) 5.35) {188,922) (28,162) (1.211) (4.450) (1.406) (5.014) (1,335) 703,601 232,196 12,764 47,496 12,493 44,538 11,864 26,564 {3,628) (819) 30 7284 {5J55) Share RefLll Roman Reach Rent Fabric- St lohn's Legacies alld Gifts SuDda}' Sch(1 Christchurch Lands Tnt Fund hlission & Maintenance Fund Grace Sisters Lega Proceeds of Sale of Curth's House Comrnunity Youtll Proje¢t Church Wall Fund- East Christchurch Churchyard Fulld Christchurch Fabric Fulld Votive Caudles 72,125 16,019 4,928 113,635 42,889 60.000 51,523 72,125 16,019 4.928 113,635 45,760 60,000 51,523 2,996 601 $26 83,567 670 2.871 526 83.567 670 1271.376 218,979 26,947 1,517,302 TOTAL FUTr4DS ,412,872 1.613.459 3,026,331 Page 16 continued...
THE MINISTRY AREA COU.%'CII, OF BEECHWOOD IItCqISTRY AREA. NTrWPORT NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ElmED 31 DECEMBER 2023 15. MOVEMENT IN FUNDS- continued Comparative net Jnovement in filnds, included in th¢ aEK*ve are as follows: In¢oming ResoUe5 resourtes expended Gains and lossey Movement unrtrIcted fund5 General fitnd St John's Choir St Jo]]n's Flower St John's tga¢le8 & Gifts St Jobn's NLghishelter St John'5 Organ St John's Parish Building Si Jobn's Youth Chti$tChtth Church Land Sales Fund Christchurch - Jam Club Christchurch Legacies aud Gifts Chrj3thuh Night Sh¢lt¢r Christchurch ParLKhial Motiies Fund Chrtstcburch Property Fund 237,746 ,336 1,049 78,993 54? 4,985 24,287 ,074 247,811 2)6 88,893 1,603 117.624 590,5¢M) (450,598) (1.140) 507JOI 294,449 196 1,049 76,109 542 4,635 19,131 1,074 221,805 256 81,186 1,603 101,945 590,500 (756) (2,128) (350) (5,156) (26,006) (7.707) {3317} (12,362) lJ96.699 (461J17) 459,098 1,394,480 RestrÈcted funds Nor¢en Burge DHILewis Chancel Wall Trnst Boundary Don Lewis Other Trusts churChrd Fabric - St John's Legacies alld Gifts Sunday School Christchuwh Lands Trust Fund Mission & Maintenance Fund Grace Sigterg Legacy Pro¢¢eds of Sale of Curate's House Community Youth Project Church Wall Fund- East Christchurch Churchyard Fund Christchurch FabrAC FUT Votive Calldles 410.155 (599.077) (28,162) (188,Y22) (28,162) (4,450) (1,406) (5,014) (1,335) (4,450) {1,406) {5,014) {1,335) 493 77.102 17,608 5,434 126,698 46,589 60.0 51.523 2,996 601 2219 89.983 670 (493) (4,977) {1,589) (506) (13.063) 72,125 16,019 4,928 113,635 42,889 60,000 51.523 2,996 601 526 83,567 670 {3,700) (I,693) {6,416) 892.071 (5.886) (667,206) 218,979 TOTAL FUNDS 2.288,770 (467203) (208.108) l.613,459 Page 17 continued...
THE MINISTrY AREA COLINCIL OF BEKCHWOOD MINISTRY AREA. NEWTORT NOTES TO THF. FtNANCIAI. STATEME.NTS- continued FOR YEAR ETr*DED 31 DECEMBER 2023 15. MOVEMEPfT IN FLTrfDS- eotttitilled A CUTrent year 12 montFL8 and prior year 12 months combiti¢d p05É1ion 15 as follows.. Net tnovement in fid$ Transfers between fLJn(ts At 3 1.12.23 At 1.122 Ullrestrl¢t¢d funds General hnd St John'5 Choir St John'5 Flower St John's Legacies & Gifts St John's Organ Sl John's Parish Building St John's Youth ChttstchiLfGh Church Lalld Sales Fund Christ¢huwh- Jam Club Christchurch l£gacies 2nd Gifts Christcburch Night Shelter Chri8tchwch Parochial Monies Fund Christchurch Pmpety Fund St Juliall's Mis5i0n and Maiut¢nan¢¢ 141.496 302,539 I,449 1,049 81.544 4,635 19,131 I,074 239.723 256 80,512 1.603 109,676 630.934 15.366 34,459 1,074 478,494 2,523 1,049 81,544 4,635 19,131 (1.074) 239,723 256 80,512 1,603 109,676 466,000 (164.934) (15,366) 141,496 1,489.491 (145,841) 1,485,146 Restricted fund5 Noreen Burge DHJL£wis Chan¢el Wall Trnst Boundary Don Lewis Other Trusts Building Fuiid D LeThis Churchs'ard R&MGP Share Refimd Roman Reach ilent Fabric- St Jobn's Legacies and Gifts Sunday SclLooI Chri5trhurch Lauds Trust Fund Mission & Maintenance Fund Grace Sisters Legacy Proceeds of Sale of Curdte's House Community Youth Project Church Wall Fund- East Christchurch Churchyard Fund Christchurch Fabric Fund VotlVE Candles St Julian's Window Appeal St Julian'5 'aIsingharn Fund St JuIian'slOO Club 892,523 260,358 13,975 51,946 13,899 49,552 13,199 (26,564} 3,628 819 (30) (7284} 5.355 {132,084) (16.323) {173) (757) (332) (1,784) (315) 760,439 194,035 13,802 51,189 13,567 47,768 12,884 (50,000) 26.564 (3,628} (819) 30 7,?84 (5.355) 80,748 17,113 80,748 17.113 5,277 293,735 33,826 60,000 53.871 2,996 601 159 4,840 670 19,124 2,640 2,057 128,801 4?,955 60,1)00 53,871 2,996 601 159 10,246 670 3,758 (3.360) 2,057 164,934 (9,l29) (5,406) 15.366 6.000 l.271.376 254.124 145,841 1,671,341 TOTAL FUNDS 1,412.872 1,743,615 3,156,487 Page 18 continued...
THE MINisfRY AREA COLT.NCtL OF BEECHWOOD ttNISTRY AREK.NEWPORT NOTES TO THE FthLP*CIAL sTATEl£yfS- eontlDlled FOR THE YEAR ENI)ED 31 DECF.MBF.R 2023 Is. MOVEMENT LY Fuf+lDS. contiDufd A curtyni year 12 months atkd prior year 12 months Combined rnovetneTht in fitnds, included in tbe above are &$ follows: IDmIng Resources Gains and losses Movement in fi]nds UDrestricted funds General filnd St John's Choir St John's Flower St John's Legacies & Gill% St John's Night5helter St John's Organ St JolLn's Parish Building St John's Youth Chtistchurch Church Land Sales Fulld Chrisichurch- Jam Club Chrisichurch Legacies and Gifts Christchurch Night Shelter Chrisichureh Parochial Monies Fund Christchuwh Propety Fund St Julian's Mi&sion and Matnterwic¢ 627,276 3.450 1.149 79.293 542 4.985 24,287 1,074 253.356 256 91.239 1,603 120,016 i90,500 15,366 (840,752) (2,001) (ioo) {1,890) 1542) (350) (5,156) 516.015 302,539 1,449 1.049 81,544 4,141 4.635 19,131 1,074 239.723 256 80,512 1,603 109,676 630,934 15,366 (13,633) (5.590) (5,137) (3.317) (85,066) (7,023) 125.500 1,814,392 (944.764) 619,863 1,489,491 Regtrieted funds N'ore¢rL Burge DHJLewis Chancel Wall Tt Boundary Don t£wis Other Trusts Churchyard Fabric- St Jollll's Legacies and Git15 Sunday School Christchurch Lands Trust Fund Mission & Maintellallce FuAd Gra¢¢ Sisters Lega Proceeds of Sale of Curate'5 HOSe Community Youtb Project Church Wall Fund- East Christchurch Churchyard Fund Christchurch Fabri¢ Fund Votive Candles St Julian's Ivindow Appeat St lulian's Walsillgha Fund Sl Julian'slOO Club 410.154 (542.238) (16,323) (173) (757) (33?) (1,784) (315) (132,084) 116.323) (173) (757) (332) (1,784) (315) 493 81,569 17,946 5,542 129.483 47,776 60,0(M) 53,871 2,996 601 3.037 93.617 670 3,758 6.l91 2.457 (493) (821) (833) (265) (682) 80,748 17,113 5,277 128,801 42,955 60,000 53,871 2,996 601 159 10.246 670 3,758 (3,36O} 2,057 (4,8?1) {76.956) (6,415) (9,551) {400) 920,161 {95,099) (570,938) 254,124 TOTAL FUNDS 1734.553 (1.039,863) 48,925 1,743,615 Page 19 coThtinued...
THE MINISTRY AREA COETNCtL OF BEECHWOOD .MINIsfRY AREA, NEIITORT NOTES TO THE FINNcIAL STATEMENfs- eontlnued FOR THE YEAR EIDED31 DECE.MBER2023 I& RELATED PARTY DiSCLOSURES There were no related paty tr8nsa¢tions forthe year ended 3 l December 2023. 17. DESIGNATED FUI¥DS The fund5 for the benÈfJt ofst JohD Evage1]SE Maindte & St Maryi Newport (Mairtdee Psvish) Ire :. The St Jobn's Choir Fund is in resEKd of the rvwtrements of St John's Choir. The St John's Flower Fund is in respect of flowers used to decorate the Church. Th¢ St John's Legacies & Gifts Fund is used for costs which relate to Church activities that the Parish Council feel that the various donor5 would approve off. The St JohDS Nighshelter Fund is in respect of a hom¢le55 shelter that St Jobns adtnintsrers. The St Jolm's Organ Fund is in respect of of the maitttenance of the Churchs Organ. The St Jobn's Parish Building Fund is respect of the Maintece of tlLe thurch's Parish Building. The St Jolll)'s Youth Fund is in TesFCt of work Iwried out our on belmlf of the Parish'5 YOU The fMDds for the benefit of Holy Trinity, Newport {ChTiStchurcb Parish) are :. The Chri$t¢hureh Church Land se$ Fund is in respect of 1¢$ of18nd us¢d for various PUryK)ses required for Hoty Trinity Chri5t¢hurch. The Cbristchurcb Jam ChLb Fulld is in respECt of the dll]rch's Youth Club. Jes% and Me. The Christchurch Legacies and Gifts Fund is used for costs which relate to Church tiVitieS ttLat the Parish Couneil Feel that the wlOuS donors would approve off. The Christchurch Nt Sbelter Fund is in respect of a homelekq shelter that Holy Trinity Christchurch ad1tstcrS. The Chri8tchureh Parochia] Monies Fund is for v8rious Church activities at Holy Trtnity Christchurcb. The Christchurcb Propety Fund is in respect of costs required to mainlain property owned by Holy Trinity Christchurch. The fllllds for the benefjt of St Julius and St Aroffj l¥ewport (St Juliall's Partsh) are:_ The Mission & Mainlenance Fund is in respect of monies to be spent on evangelism and mailltenallce ai St Julius & Si Aaron. Page 20 continued...
THE MINISTRY AREA coI'f4CIL OF BEECHWOOD MLYtSTRY AREA, f4EWPORT NOTES TO THE FtNANCIAL STATF.NIENfs- eolltinued FOR TUE YEAR EII)ED 31 DECEMBER 2023 18. RESTRICTED FUNDS Tbe funds for the benefit of St Cadoe. Caerleon (Caerleoll Pari5b) 4re :. The Noreen Burgc Fund is in r¢sp¢ct of tnonies left to St Cadoc's Church for church activities. The D H J Lewis Fund is in respect of monies left to St Cadoc's Cburcb for ¢hur¢h &¢tivities. The Chancel Fund is tn respect of motiies to be used to Tnaintain St Cadoc's Church's chaJr¢l. The Wall Tnt is in 5p¢¢t of rnonies to be wed to maintaill th¢ wall at St Cadoc's Church. The Boundary Tntst is ill respec¢ of monies be used to maittsin the boundary at St Cadoc's Church. Other Trusts is in respect of monies to be us¢d for various churcb activities at St Cadoc'5 Church. The Building Fund is in respect of monies to be used for building WO in St C8doc's Church. The Don Lewis Ful 15 in f¢sEKrt of rllonies left to St Cadoc's Chur¢h forcburch activities. The Church>'ard Eulld is in respect of moniw to be spent on the chubyard at St Cadoc's Church. The R & M GP Fund is in respect of monies to be sp¢nt on church activities at St Cadocs Church. The Rornats Reach Rent Fund is in respect of rtsonies to be spent on propety owned by St C&do¢'s Church. The fuDds for the benefit of St JobD EvangelisL Maindee & St Mary* Newport (Maindee Partsh) are :. The St John's Fabric FLEnd is in res of mowes to be spent lo maintain the fabrir of St John's Church. Th¢ St John's LegleS and Gift5 Fund is in respect of m0c$ to be US for vaTiOUS church a¢tivities. The St John's Sullday School Fund is used to njn the chUb,$ Sundiy Scb(K¥l. The Community Youth Project Futtd is in respe¢t ofmonies to be spent on youth in the parisb of St Jo]]n's. The fund5 for the benefit of Holy TriDity, Newport (Chrlstehllrch P8rKsh) are :_ ThE Christchurch Fabric Fund ig in trspeet of monigs to be spent on n)aintainiDg the fabric of Holy Trinity Christchurch. The Christchurch Lands Tntst is in respert of mgni¢s to be spent oll various church aCtivitÈes. Th¢ Church Wall (East) Fund is in respect of moni¢5 usryj to mall]ll thE E&%t Church Wall at Holy Trinity Cbristchurch. Th¢ Christchiwch Churchyard Fund is ill ttspect of monies used to maintsin the churchid at Holy TriDity Christchureh. The Cl]ristchurch Fabric Fd is in respect of montes to be spent maintaining the fabric of Holy Trinity Christchurch. The Votive Cattdles Fulld is in respect of monies to be spent on Votive c8ndl¢s ¥¢t Holy Trinity Christchurch. The funds for the benefit o(St Jlllius aDd St Aaron, Newport (St Jullan's P#Tl$h) are:. The Mission & Maintenance Fund is in rwect of monies to be spent on evangeh.stn attd llwtllteTwice at St Julius & St Aaron. Page 21 continlled...
THE MINisfRY AREA COLTNCIL OF BEECHWOOD MI.NISTRY AREA, NEWPORT NOTES TO TE FIN'cIAL sTATEmEs- continued FOR THE YEAR E.YDED 31 DECEVIBER 2023 18. RESTRicfED FUNDS- continued The GRce Sisters Legacy Fund i5 in respect of mollies to be spent on church related actiytties at St Juliug & St Aaron. The Window Appeal Fund is in respect of motiies to Spent on th¢ Chuh windows. The Walsingham Fund 15 Èn respect of monies to be speirt on a pl]]nge to the sbrffte at Walsingham. The 100 club is in support of the Window7 Appeal Fwi. Tbe funds for the beneflt of St Andrew, Newport l¥erry Parisb) are :. The Proceeds of Sale of Curate's How Furnd is in respect of monies to b¢ $p¢ni on church related activities al St Andrew'$ Church. Page 22
THE Mll%lSTRY AREA COLIliCIL OF BEECHWOOD MLNtSTRY AREA, NEWPORT DET AILED STATEMETrrr OF FtYANCIAL ACTIVITIES FOR THE YEAR E.IU)ED 31 DECLMBER 2023 31.12.23 31.12,22 INCOME AND END0WMErS DoatIOnS and legaeles Donations Gift aid L¢gaci¢5 Grants Net &ssets introduced from member cELurches 180.655 22,490 32,000 40,559 181,969 38,285 3,550 366 1.932,513 275,704 2.156,683 Other trading activities Fundraising Other fuuds generated Hall rental income Magazine and otheT piiblication sales Sundry illcome Church building rental MtsVParish 5har¢ rebate 34.094 18.962 19,239 3.117 5.592 715 9.779 11,626 955 11,404 1.895 7,029 2,661 22.787 91.498 58,357 Investment Ineome Rettts received DividendlnVCst[llCllt illcome Bank and building society interest 17,9 30,790 3,061 28,975 15,181 608 51.841 44,764 Charilable activities Fees for oCcation offices Weddtn(F fre Blessing fee Publication of balln5, funeral fee, burial fee and emoridl fe¢ 2,182 6,947 580 1,782 11,027 139 12,111 12,613 21,820 25,561 Other kncome Insurance claims 4.9?0 3,405 Totsl iucornillg re50llrees 445.783 2,288,770 EXPENDITURE RAising donations and legacies Costs of generating resorn- giving Costs of fid rdiswg 178 1,436 153 514 1,614 667 This page does not fijrni part of the ststylory fiDon¢ial 5tatsments Page 23
THE I[NISTRy AREA COLWCIL OF BEECHWOOD .KtP41SI'RY AREA, NEWPORT DETAILED STATEMEYf OF FINLNCIAL AcfiviTIES FOR THE YEAR E.NDED JI DECENIBER 21n3 31.12.23 31.12.22 Support ¢osts Other t)ioce5an sha and llLission costs Clergy expenses Clergy expenses- mileage Clergy expense5- printin& postage and stationery Clergy expenses- equipment Council tax Parsonage . water Parsonag¢ . gas Parsonage- electricity Clergy- telephone.mobile and internct Assistant cler&Y f¢es and expenses Lay ministers expenses Maintenattce of services and young pp]e'S actiYi¢ies Costs of verger& organists and choir Music & p¢rfornwice expenses Mustc instrurnent tuning & nltElla¢e Costs of digital services (streamill& subscriptions) Costs of copyright liren5e Bark alld credit card charges Cost of priuling,posi and stationery L4- telephtsne, mobile and intemet oirice and general expenditure Ad1 &lld staff Salary Leasing and hir¢ purch&se ebarges Profe&sional fees Itsdependent exam, audit and accountancy fees Supportlng chariti¢s wd individua Churth operating costs- insurance Church operatillg costs- electricity Church operniing c05ts- gas Cburch operatillg costs- wa*r Church operating costs- other Church repairs and maintenanee Church clEalling Church opernt C05ts- l¢l¢phone, mobilE and internet Church operatin(t costs- fre equipmelll roof alam and CCTV serviee Chur¢hyard nydnagement costs Cburch hall operating ¢osts- other electric ChurGh hall operdting costs- gas ChuKh hall operating costs- insurance Church hall costs- repairs and maintenanc¢ Corried fon¥ard 186,423 6,161 859 195,532 5.592 1,017 621 244 934 20 2,218 750 200 666 578 loo 2.378 480 480 628 452 16,862 15,587 2,551 5,416 13,536 6,305 90 62 416 125 5,540 727 2,369 14,639 4,974 2,454 1,260 7,023 6,405 20,785 12,649 1,084 726 103,803 2,896 766 115 4,793 1,299 1,379 13,986 5,362 8,829 5.000 2.551 12.103 28.151 16,381 917 3,146 41,107 3,356 2,286 1,904 968 1,916 936 5,266 4,689 2,092 4,191 1,729 3,744 445,442 3,531 2.631 2,511 2,604 400,281 This page does not fomi part of the stathtory finallcial statements Page 24
THE iWtNISTRY AREA cOL,'c[L OF BEECHWOOD In¥1STRy AREA. Tr4TW?ORT DETAILED STATEfvIE.Yr OF FLNANCIAL ACTIVITIES FOR THE YEAR ENTED 31 DECEMBER 2023 31.l2.23 31.12.22 OtheT Brought forward Church hall costs - telephone. mobite and internet Church hall operating costs- cleaning Other property , repairs and maintenance Other property. insuranc Other prO- electricity amd gas Other propety- eompliallce costs Churchyard grass cutting Churchyard structural repairs Depn of equipment IA) on sale of tangible fixed ass¢ts 4(K),281 445,442 516 1,122 5,198 824 1,337 621 2,399 76,(N)3 2.745 80,(M)O 630 1,666 6,566 452 215 3,523 1,688 2,745 571.046 462,936 Governance costs Auditors, remeratiOn 3,600 Total resource5 expcnded 572,660 467.203 Net (expeRditur¢yIR¢om¢ before gaiDs 8nd losses (126,877) 1,821,567 R¢Allsed recognlsed gatns and losses Realis¢d gainsl(loss¢s) on ftKed asset investments Realised gain51(loss¢s) on investtn¢nt prop¢rty 131,534 125.500 (83,335) Net ineome 130.157 1,738,232 Thi5 page does not forni part of the stabjtory financial statements Page 25