2021-12-31-accounts - South West Pembrokeshire Local Ministry Area Council

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			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		8	to	12
Detailed Statement of Financial Activities			13

		F	OR THE	YEAR EN	DED 31 DECEMB	ER 2021
							2021	2020
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes			F
INCOME FROM
Income from collections,	donations,	grants,	legacies
and fundraising					267,680	81,961	349,641	675,258
Other income								208,198
Total					267,680	81,961	349,641	883,456
EXPENDITURE ON
Charitable activities
Delivering the charities	objectives				339,247	146,314	485,561	462,184
Net gains/(losses) on investments					125,806		125,806	(9,301)
NET INCOME/(EXPENDITURE)					54,239	(64,353)	(10,114)	411,971
RECONCILIATION OF	FUNDS
Total funds brought forward					1,388,917	403,528	1,792,445	1,380,474
TOTAL FUNDS CARRIED FORWARD					1,443,156	339,175	1,782,331	1,792,445

	31 DE	CEMBER 2021
				2021	2020
		Unrestricted	Restricted	Total	Total
	Notes	fund	fund	fundsf	funds E
CURRENT ASSETS
Debtors					750
Investments		1,210,277		1,210,277	1,084,471
Cash at bank		234,079	339,175	573,254	708,550
		1,444,356	339,175	1,783,531	1,793,771
CREDITORS
Amounts falling due within one year		(1,200)		(1,200)	(1,326)
NET CURRENT ASSETS		1,443,156	339,175	1,782,331	1,792,445
TOTAL ASSETS LESSCURRENT LIABILITIES		1,443,156	339,175	1,782,331	1,792,445
NET ASSETS		1,443,156	339,175	1,782,331	1,792,445
FUNDS
Unrestricted funds				1,443,156	1,388,917
Restricted funds				339,175	403,528
TOTAL FUNDS				1,782,331	1,792,445

INCOME FR	OM COLLECTIONS, DONATIONS, GRANTS	, LEGACIES AND FUNDRAISING
		2021	2020
		E
Donations		300
Grants		67,358	174,947
Planned giving		85,003	74,596
Loose collections		14,724	8,662
Donations		52,622	122,952
For mission		902	124
Tax reclaims	- gift aid	19,359	47,036
Tax reclaim	- GASDS	1,482	4,448
Legacies		4,296	1,000
Fees		16,861	12,465
Fundraising		15,949	14,798
Investment	income	9,917	7,359
Other income		60,868	206,871
		349,641	675,258

Grants receive	d,	included in the above, are as follows:
			2021	2020
			F	F
Pembrokeshire		County Council	52,604
War Grave Commission			136
Garfield Weston		Foundation	3,000
All Churches	Trust		1,500
Welsh Church	Act Fund		10,118
Grants received				174,947
			67,358	174,947

COMPARATIVES FOR	THE STAT	EMENT OF FINANCIAL	ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
					E
INCOME FROM
Income from collections,	donations,	grants,
legacies and fundraising			469,779	205,479	675,258
Other income			82,468	125,730	208,198
Total			552,247	331,209	883,456
EXPENDITURE ON
Charitable activities
Delivering the charities	objectives		374,025	88,159	462,184
Net gains/(losses) on investments			(9,301)		(9,301)
NET INCOME			168,921	243,050	411,971
RECONCILIATION OF	FUNDS
Total funds brought forward			1,219,996	160,478	1,380,474
TOTAL FUNDS CARRIED FORWARD			1,388,917	403,528	1,792,445

DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	2021	2020
	F	F
Other debtors		750
CURRENT ASSET INVESTMENTS
	2021	2020
	F
Other	1,210,277	1,084,471

Comparative net movement in funds,	included in the above are as follo	ws:
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
	E		F
Unrestricted funds
General fund	552,247	(374,025)	(9,301)	168,921
Restricted funds
Restricted fund	331,209	(88,159)		243,050
TOTAL FUNDS	883,456	(462,184)	(9,301)	411,971

A curren	t y	ea	r 12 months and prior year 12 mo	nths combined position is as follows:
					Net
					movement	At
				At 1.1.20	in funds	31.12.21
						f
Unrestricted			funds
General	fund			1,219,996	223,160	1,443,156
Restricted		funds
Restricted		fund		160,478	178,697	339,175
TOTAL	FUNDS			1,380,474	401,857	1,782,331

A current year 12 months and prior ye	ar 12 months combined net mov	ement in funds, inc	luded in the abov	e are as follow
	Incoming	Resources	Gains and	Movement
	resources	expended	losses	in funds
		F	F
Unrestricted funds
General fund	819,927	(713,272)	116,505	223,160
Restricted funds
Restricted fund	413,170	(234,473)		178,697
TOTAL FUNDS	1,233,097	(947,745)	116,505	401,857

							FOR THE YEAR ENDED 31 DECEM	BER 2021
									2021	2020
							Unrestricted	Restricted	Total	Total
							funds	funds	funds	funds
									E
INCOME
Income from collections,				donations,		grants, legacies and fundraising
Donations							300		300
Grants							14,754	52,604	67,358	174,947
Planned giving							85,003		85,003	74,596
Loose collections							14,724		14,724	8,662
Donations							37,730	'I4,892	52,622	122,952
For mission							842	60	902	124
Tax reclaims - gift	aid						19,359		19,359	47,036
Tax reclaim - GASDS							1,482		1,482	4,448
Legacies							1,000	3,296	4,296	1,000
Fees							8,783	8,078	16,861	12,465
Fundraising							14,174	1,775	15,949	14,798
Investment income							9,901	16	9,917	7,359
Other income							59,628	1,240	60,868	206,871
							267,680	81,961	349,641	675,258
Other income
Funds introduced	from additional				churches		being
added to SW PLMC										208,198
Total incoming resources							267,680	81,961	349,641	883,456
EXPENDITURE
Charitable activities
Parish share							102,809		102,809	97,208
Parochial expenses		of clerics					8,946		8,946	10,029
Other expenses							1,108		1,108	2,661
Maintenance ofservices							1,706		1,706	3,026
General parish expenses							38,421		38,421	9,189
Maintenance of churches							126,498		126,498	50,303
Maintenance of other			property				16,211	14,952	31,163	92,429
Financial support	- Parish						20		20	728
Financial support	- home/world						1,673	310	1,983	1,391
Capital payments							31,756	130,705	162,461	155,990
Cost offundraising							10,099	347	10,446	39,230
							339,247	146,314	485,561	462,184
Total resources expended							339,247	146,314	485,561	462,184
Net income before		gains		and losses			(71,567)	(64,353)	(135,920)	421,272
Realised recognised			gains and		losses
Realised gains/losses			on investments				125,806		125,806	(9,301)
Net income							54,239	(64,353)	(10,114)	411,971