South W•st P•mbrokeshlre Local Mlnlstry Area Councll FINANCIAL STATEMENTS for the YEAR ENDED 31 DECEMBER 2024 1. Trusteesy Report 2. Independ•nt Examlner•s R•port 3. Statement of Flnancial Actlvltles Balance Sheet 5. Statement of Assets and Liabllltles INDEPENDENT EWINER'S REPORT TO THE TRUSTEES OF SOUTH WEST PEMBROKESHIRE LOCAL MINISTRY AREA COUNCIL I I have examined the f inancial statements of the South West Pembrokeshire Local Ministry Area Council CIO (Charity Number 1138004 ) f or the f inancial year ended 31 December 2024. Respective responsibilities of trustees and examiner. 2 As the Charity's trustees, you are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required this year (under Section 144(2) of the Charities Act 2011(the 2011 Act). Instead an independent examination should be carried out. 3 It is my responsibility to: Examine the accounts (under section 145 of the 2011 Act To follow the procedure laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. and To state whether particular matters have come to my attention. Basis of independent examiner's report. 4 My examination was carried out in accordance with the Directions and Guidance Notes issued by the Charity Commissioners. An examination includes a review of the accountin9 records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations f rom you as trustees concernin9 any such matters. 5 You are reminded that the procedures followed do not provide all the evidence that would be required in an audit. and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's statement 6 The accounts have been prepared in accordance with the SORP accounting standard FRS 102. 7 However, this year the preparation was carried out using the accounting product My Fund Accounting - a product designed to manage the accounts f or churches and charities across the UK as recommended by the Church in Wales for all Dioceses. This has proved a challen9e. and the trustees have relied on the expertise of Data Developments to correct the initial production of the Statement of Financial Activities (SOFA). A report f rom Data Developments is attached f or clarif ication. 8 My examination. has taken the above statement into account, but no further matter has come .to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accountin9 records in accordance with Section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and to comply with the accountin9 requirements of the 2011 Act have not been met: or which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. 8ernard William Scourfield Chartered Public Finance Accountant (CPFA) retired 6 Freshwater East Road Lamphey Pembroke SA715JX Date.. 31st October 2025. SOLrrH WEST PEMBROKESHIRE LOCAL MINISTrY AREA COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER W24 The Trustees present their report together wtth the financial statements of the charity for the year ended 31 December 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 1 (Y2) (effective 1 January 2019). OWEcfivES AND AcfNrriES The provision of regular public worship. The provision of sacred space for personal prayer and contemplation. Pastoral work, including visiting the sick and the bereaved. Teaching of Chri8tianity through sermons and small groups. Taking of Assemblies in local schools. Promoting the whole mission of the Church in Wales in aiding community cohesion through provision of activities for older people. mothers and toddlers and other specific groups. The Local Ministry Area Council (LMAC) is responsible for promoting Mission and Ministry throughout the Ll¥lA in conjunction with individual Churth Committees of the thirteen member Churches. The LMAC is committed to enabling as many people as possible to become part of the community of LMA Churches. The LMAC maintains an overview of worship throughout the Benefice and makes suggestions on how our services can involve the many groups that live in th8 Lf41A. Individual Churches within the Benefice are free to structure th8ir services / events to suit the needs of their own communty. Our services and wcythip wt faith into practice through prayer and scripture. music and sacrament. When planning our LMA activities for the year, our Cl￿gY, PCC and Church Committees have considered the CommissiC￿'S guidance on wblic benefrt and, in particular, we try to enable ordinary people to live OLrt their faith as part of our LMA communty through: Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus. Provision of pastoral care for people living in the Benefice. Mission and outreach w¢xk. To enable this, it is important that our Churches and Church Halls are maintained to a good standard. Almost all the Churches are open during daylight hours to allow Church members and members of the public a time of quiet Contemplati￿ and prayer. Page2of5 SOUTH WEST PEMBROKESHIRE LOCAL MINISTRY AREA COUNCIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER ACHIEVEMEKf AND PERFORMANCE Charitsble Aclivities The Clergy and LMAC offer a variety of services through the week, including Sunday seNices at most of the churches, weekday services, prayer meetings and Bible Study groups, depending on the time of year and or the Lectionary. The services are held at differing times to allow those who work, to have the opportunty to attend. The LMAC meet regularly during the year. The Annual Vestry Meeting was held on the 2nd April 2025 where the reports were received for the preVI￿S year. Having gone through a continued period of interregnum spanning 2022 through mid 2024, the Pembroke and Peninsula group of churches (8 in all ) were supported throughout this time by the remarkable work of Revd Joan Allen (non stipendiary) together with several retired clergy, an enthusiastic Archdeacon, Ven Paul Mackness. Lay readers, Worship leaders and Church Wardens ensured that a full range of services has C￿tinued. weddings. baptisms and funerals have continued to take place throughout that time and the good news of Jesus proclaimed. In September 2024 the Pembroke and Peninsula Churches were blep)sed and delighted to welcome husband and wrfe clergy team the Reverend Heidi de Gruchy serving as Priest in Charge for the Pembroke Group and LMA Dean and the Reverend William Lambert as Priest in Charge for the Peninsula Churches. By the end the of the 2024 the LMA was fully staffed with a new t&2m under the leadership of Dean Heidi de Gruchy Revd, Reverend Alex Grace continuing her excellent work as Priest in Charge of the Pembroke Dock group, Revd Hannah inducted as Priest in Charge of the Carew Group and "reverend William Lambert at the helm of the Peninsula Churches Group. All this together with a new Bishop fly the Diocese brought the year to a positive conclusi￿. The Harvest, Carol services and celebration of Christmas were thus able to take place with renewed vigour and joy along with many other expressions of Church in the Communities throughout the LMA area, in particular. Bible study and Prayer meetings. Clergy have been involved in various chaplaincies, monthly seniices at residential homes, various civic seNices, weekly school assemblies throughout the LfvIA. as well as Sunday school and Messy church. Each church making up the LMA has its own Church Committee, which deals with day-to-day matters, including the maintenance and repair affecting their individual Churches and electing members to represent them as trustees on the Local Ministry Area Council. Each church is now responsible for paying their allocated Ministry Share to the LMAC rather than directly to the Diocese. The LMAC Treasurer now has the responsibilty for paying the total LMA Ministry Share to the Diocese. Over the year. the LMAC oversaw the wcyk of the Charity as described above. Amongst the areas covered were ensuring that Safeguarding wactices were raised at thiery meeting, that the Data Privacy policy and Anti-Fraud, Bribery, Corruption and Malpractice policy was reviewed. The financial structures were discussed with respect to central costs and clergy expenses and reports given by the treasurer to the Page3of5 LMAC FINANCIAL REVIEW Financial Position It is the LMA'S policy to maintain a balance of unrestricted funds whwe possible, for emergencies. Each of the thirteen member Churches (responsible for their own finances) is also encouraged to hold a reserve. Whilst most of the thirteen Churches claim Gift Aid individualty, new regulations will be in place during 2(r25 whereby Gift Aid is to be claimed by the LMAC. The LMA'S main income comes from planned giving. collections, other giving and Church events, flower festivals, Coff￿ mornings etc. The LMAC and member Churches endeavour to use available income to advertise and encourage people to attend and learn about the ethos of our Churches, and to provide pastoral care to those unable, due to health or disabilty, to attend our Churches. STRUCTURE, GOVERNANCE AND MANAGEMEMr Governing Document The charity is c(￿trOlled by its Goveming Document. a Deed of Trust and constitLrtes an "unincorporated charty. Trustees are nominated at the Annual Vestry Meeting by the indsvidual Church Annual C￿gregatIOnal Meetings of the thirteen member Churches of the Local Ministry Area, to seNe on the LMAC. Trustees are issued with a copy of °The Essential Trustee. booklet and can receive guidance from the Ll¥lAC. The South West Pembrokeshire LMA (rhe Charty) is part of the Diocese of St David's which is one of six Dioceses in the Church in Wales. The LMA has thIrt￿n member Churches who have responsibilty for the day to day running, finances and building maintenance through their individual Church Committees with oversight and approval to proceed in Faculty application granted by the LMAC. The Churches are authorised by and responsible to the LMAC for all matters regarding th8ir role within the LMA Page4of5 REFERENCE AND ADMINISTRATIVE DEfAILS Registered Charty number 1138004 Principal address: The Vicarage, Reginald Close, Hundleton Pembroke Pembrokeshire SA715RZ Trustees: Revd Heidi-maria de Gruchy .... LMA Dean Revd William Lambert Revd Alex Grace Revd S.J. Atlen Mr K. Wheeler .... LMAC Lay Chair Mr C.H.Hirst Mr R.J. Lewis Mr C.J. Jenkins Mr B.W. Scourfield Mr E.F.R. Morris Mrs B.M.K. West Mrs M.F. Mccready Mrs J.W. Morris Mrs A.E. Mortenson Mrs P. Jones Mr J. Ston8 Mrs D. Gwyther Mrs AA. Howells Mrs J.M. Crossman Mr J.Picket Independent Examiner Mr Bernie Scourfield 6. Freshwater East Road Lamphey SA715JX Approved by order of the board of trustees and signed on its behalf on 24th October 2024 Keith Wheeler SWP LMAC Lay Chair Page5of5 South West Pembrokeshlre LMA Statement of Flnancial Activltles For the perlod from 01 January 2024 to 31 December 2024 Unrestrictod Restrlcted End1?￿nent funds funds funds Total lunds Priorygar total funds Income and •ndowments from.. Donations and *aeies Income from charitable aclivrties Other Irading acllvities Investrnents Other income 164.985 15.959 63.446 6255 36.687 S,606 201.673 21,765 63,447 6,493 12,278 97,946 21,204 38,153 5,365 1,300 238 12.278 Totsl In¢om• 55.010 305,657 163.968 Expendlture on." Raising fijnds Expenditure on ¢harilable aclivths Other expendiiure 1,652 2SYJ.651 1,510 30,373 3,162 321,024 1,975 201.996 Total expendlture 292.304 31.883 324.187 203,971 Net Incomg 1 {expendlturel resources beforg transfer 141,65n 23.126 18,5301 140.1)031 Transfers Gross transfers between funds- Gross transfers betsveen funds - out 4.920 17.740} 3.918 (1,0991 8,839 18.8391 2,030 12,0301 Olherrecognlsed galns Ilosses Gains I losses on investment assets Gains on revaluation, ￿9￿ assets. chanty's own use 7,836 911,932 7,836 911,932 2.454 Net movement In funds 144,4771 945.715 901.238 137,5481 R￿On¢l11atl0n olfunds Total funds brought forydrd 366A70 224.072 580,543 618.091 Totsl funds ￿rri•d forward 311.993 1,169.788 1,481,782 580.543 SCMJTH WEST PEMBR{￿sH1RE LMAC Balance Sheel Isunw) 31M2f2024 31112r 218.cfj £46.44923 £966318.05 £46,449.23 (£12.W W21 £6.82129 £521,740.15 £82,67121 £451,KX2.95 Cash +4knkknJ kn £515.627.42 £534,494.16 Crndit(s.. Pdlirg tkn hctsy £63.OJ £63.IXI £399A6 £515J64A2 £54094.70 81.7a47 Ua￿th5 01,78147 £19271.42 £15.9&3.67 £7￿4.07 £Y4,023.03 £9222.74 £17￿￿2 £13￿97 £S9,4Ce £22.652.68 ,77535 {£4.(Vg.9n £32(fj.13 £6044. £22,755.55 £16541.13 £927T.07 £3S,662.81 £7.404. £19ZJ4.$1 £17,1W2.78 £S8,445.47 £X1.194.74 £103,57325 £8.W. £5.393.32 £12,345.77 £9,149ZJ £13.126.C* £828.70) £119.13 £72127 £860.18 £1CQ.¢J) £1,6351KJ £2,723.( C*sifvJ. (3ftlid £W18 £1C(J.C £4.19127 (2) Cttdv IQ5 1..07 wnl 1 crf2 £375.51 £88B)122 £T,635.07 £52455 £88,80122 £7.635.07 £355.(L) £8.65935 £46,449ZJ Res1riC*d.tsTh?￿leLa1O￿ £9265.32 £54285.51 £2.147.59 .974.51 £5246.16 £211270￿) £6.1￿.70 ¢￿[th FthcFthThl. f)Mth Es £6M51.17 £11.647ZI £2,77624 £7.4XI. £4X6.&5 £8,788A7 ,183 £6,191 B7 £754. £3297.89 £14.973.fd £4C6,320 £97fj1 £12026 £3X3.18 £7,136. £3,65223 £7,125.12 £1,e4T2.S8 £6,191.87 £4,C(Q.15 Resfficknj. FknwFu £97.51 £418 191 ResbfjL*d. trWI Fw £80.65 £42￿) Restrcthd. FuThJ R8sffic*d. Pa>rt41 £771.C() £75S532 £49 18 £34514fy) £￿.T2 £83.75 £7555.32 £1.&5 £11286.C6 £1A81.782A7 DtL 4￿JP IAY CMIR zisf ocrDBEQ IciLs {Zl Cttth 1..07 Pap 2 c12 SCXJTH WEST PEMBRCXESHIRE LMAC StateThnt of Assets and Liabmitios Iby code) Class and nomlnal code Gen•r•l (UnreslTlct•d) Dgslgnatgd R•strlGtedEndo￿nI Total Last ￿al Flxed knt- In¥•$tnwnts )16 knbrc&e, St ￿ 0171 C.. £21127020 £21127020 16 Pwntth. St .974S1 £289974.51 StTalo £14.973.73 £14973.73 Nidths £2,14759 £2.147.59 Mdwel Al )16 P￿tth. St ￿Y J1Tr)1: Estststhrilth £4C622025 £408J20.& £5248.16 £5246.16 £5128551 £54285.51 £46.449.23 Total £966.218.05 £966218.05 £46,449.23 Flxed - Tanglble Pssets &289) R8JbethC*urth 643Tr.TaThitAetsJ asset (£12tl)Lll £12Q).f Tot•1 1£121JO.00) £1.200.00 Curr•nt h4s•t - Cash *1 B•nk In Hand £1W5.7T £12,￿.71 £11.174.48 2791 Laryw, Ss F￿1h £15ffi3B7 £1rxJ.riJ Ell,7￿￿5 £27A44.52 £29.147.44 &2850RaJterty thurd) 2868 HUTh*8￿, St £1XOm 1£1.451.151 £54.73 £8227 £10￿1. £10J61.% £15,74928 cmas £922174 £37371fi8 £46594.42 £20,345.94 2881 CL Jc £7897&43 £78978.43 £11.889.e6 &Tello 2922 Bosher5tcn, M¢*od arK1 AI Ws 2924StTwndls, £4X692 26.92 £3217.25 £51497 £514.97 £69a.64 £102117 £1m2.17 £1.248.e6 7J25 gWe.Ss Jwn¥s 8ty )16PaniYcke. StN*ry 1£3A$1241 1£3A11241 £2,680.32 £13A1124 £13.93134 £96.37 3)7oNash.si￿ ￿1.. )71 Costr￿s￿l. St Mctha81 &AI 1£5Z32fi31 £4.19127 £1,147£1 £109.45 fJ,586.59 £8,CfvM. £3297 £11,342 84 £12,345.77 £1.￿￿6 £1,W.C6 £2,W.40 (£82&701 £W.18 £7555J2 £7,eth￿l £8￿ 69T2.' +kn)Jnt £11.973.17 £11,973.17 £12J93 (2) 3y25 1254 tThl PwJ8 1 cl 5 Class and nomlnal code General Iunrestrlctod) Deslgnated Rgstrl¢t•dEndowThwnt Total Lasl s•ar 2881 PwntKoke 6YJI" s1th￿ Pyr&q14rg5 St I£l4W￿l £17.328.53 £2,644ZJ £2,W.70 SIT￿10 29259*AJle, Ss J￿ne$ 171 Q61Estrm, S1 M(*Ad &AI £2.47932 £2,47932 £m.15 £7,UJ £7,430￿ £7,136 (£12((l.CQ) £4.146.13 £2.946.13 £3￿ 39 £6.191ffj7 £6.191 B7 £6.191.87 £￿15 £2￿6.15 £2528.12 2881 P•m￿Okerkn* St& 2883 PgntrJDkeC stT￿l0 2W £21910.CO 1£3280.OJI £18ffi0.(KI £21.940.c(J 65)3.' ￿￿t￿)j￿ £3X6 £3X18ffi rJ.4&5.19 £4,121.75 £4.121.75 £4W2.07 £6fi75.65 £6,675fi5 £11581.07 2￿ R&Jterth. £7,118.19 £11iX).cI) £8.118.19 £11L84. &2881 P8mbrokg Dx £1344.07 £52%ffi £6.7￿.93 £5,41120 StTalo &2922￿￿￿kn. Mclwel and141 &2324 $¢T￿f￿lLS, St £3,or2.17 £3P72.17 £9,717.19 £53A64.18 £53,464.18 £53Ne.47 £14X(6H4 £14.W.84 £11030.87 292593*￿Ie, Ss £102376.59 £11r2J76.59 £1(KJM92.93 116Pemtfoke, St14tsy £1.￿02 £1*5.￿2 £8,TJ4.61 170Nash, St 8x6: 71 thlpstcn. Sl Mcha81 &AI £8.440.76 £7N1 £16.C61 B2 £12J36.12 £6252 £61.64 £7.182A4 £7,1K2.84 £10539.38 2922 Mchael arKI Al 7:ChJrthWI kn￿rt £3,488.76 £3,488.76 £3278. 187knJe, St f2W24 £2￿724 £3,7S924 M(*wel a)d Al I¥E*ls Trj £91135 £2.1&3 £3,124.93 £22ffi.98 187knJe, g £031 £3.1￿.46 £3.139.7T £3,c0324 27￿)care1¥, st￿ 651fr. W l>onl Ayr￿n1 £92ffi22 £9￿￿2 £8,f￿935 62.77624 £2.77624 £3.￿￿.18 )16 F￿n1￿c￿e, Sl ￿ 6EO. ￿￿entI￿￿nt I￿nI £167.47 £167.47 £585 3)16 Pemtxc*e, St (£1A9141) £1.493.41 £1,493.41 Redteth, 6W.. Cgsh in h¥# ￿£￿.(0) £2￿.Co 70 Nash, St 659Tr. Cash In £40. Total £388.76225 £4.943.30 £128.034.60 £521.740,15£451,822.95 Current P6s¢t- DobtoTs 3016 Pemt￿ke, Stv 1£12934.W21 (£12.W.021 1125 1254 2 crf5 Class and nomln•l code General IUnr•$trl¢tedl Deslgnated Re¥trlctedEndowment Total Latst ￿•T Tol•l 1£12.9X02) (£12.934.02) Current PA￿1 - Investmpnts 2881 Pwtf(*£ t*￿, StJ)hn &2324 StT*￿IS. St 6￿6.. C*vJthJwd Twnell 2881 Ct St&)hn £70LXY). £70.CO).CO £70,ctt). £6021fi7 £6021fi7 £7,11521 (£70K(Q 38) I£70,￿.38 16 Pantfcthe. I£5￿￿} £5￿. £5,556LO Tolal 1£68.7TI.61) £75,598.90 £6.82129 £82.671.21 Uablllty- P4en¢y k¢ounts &2791 Lamth, Ss aTrJT £63.CO £399.46 Tolal £63.lJO £63.00 £399A6 Net total •ssets £30&850.62 £6.143J0£1.169.788.55 1,481,782.47£580.543.93 Represent•d by 27WCare*. Stvory fval ILkostri(kn11 2791 Lamptrw, S5 Ts1 £19271.42 £19J71.42 £￿,755.55 £15￿￿7￿7 £15953.67 £16,541.13 £7JHn7 £7204.07 £9277.07 2868 HurwJebJn. Sl £29W3 £29.c￿3￿ts £35,e62.81 NicMa8 aTrJk* &2881 P8mtwkèCKy* StJ)hn £9J174 £9222.74 £K,4N.33 £17J77 £175nB2 £19234.54 StTalo £13X6J7 £13a66.97 £17,1¥2.78 2922 knherskn, Mchael Al ILhY8stri(*dl £58.4CQ £&8A0926 £S9,445.47 2W24 StT%w*lls, Sl Tv￿1 (kn ILkrtstriL*I £22ffi2fj8 £22,&52ffl ￿.194.74 I￿¥bIL￿dI .775 ,715.35 £10357325 I£4.(￿97) (£4,W3.971 £80￿.98 J70 Nash, 9Vory Iljwestrithj) J71 C£6heskn, St &AI T￿e.& £3￿.13 £3208.13 £539332 £6W4 £6N4.95 £12J45.77 C£nera £9.149ZI £9,149.20 £13.126£8 S)uth Pen*rokesN ILk¥B51ri*Jl (£828 70) (£828.70) £119.13 Re￿￿￿ Churth 70 Nash, St £721.27 Pemtrfc*eshlre £8￿.16 £880.18 £680.18 &2791 LamFlw. SB F £1C(JItI £1CQ.(KJ £1CO.C (11 (*tctw 3)25 12'.54 3 cl 5 Class and nonlnal code General qUnr¢strl¢tedl Deslgnated RestrldedEndowment Total Last >Tar £1,635. 170 NasN St 2869 S5 Mthjas £4,1912T £4,19427 £2,7rJ. £375.51 £375S1 £524. S6 MdK4as R4strb*l. Bdls S.Cgn £7T1L £771.( £83.75 PemtrfDkeslw're 2881 PwntKc&e Ckn* RestriL￿. Payr41 £7&5522 £7,$55.32 £7S55.32 £49.18 £49.18 £1.& (IJ Cttcts XQ5 1254 Fynl 4 cl 5 class and nomlnal code Gèneral IUnr•$trkt•d} De$lgnat?d R•$trlct¢dEndownwnt Total Last ￿ar 9 Ntnkkn, S6 £34.514.f £34S14.PAJ £11286L 2869 E6 th*$ thl Pthtrithl.WAAYCLUB Tol•l £305.850.62 £6,143.30£1.169.788.55 1,481,7J2.47£580,543.93 xr25 12..54 ￿) W 5 c15