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|CircuitMinistersandofficers|||
|---|---|---|
|ActiveCircuitMinisters|RevFelicityJepson-Randall|-Resigned31August2021|
||RevLoretteHinson||
||RevHeegonMoon|-Resigned31August2021|
||DeaconJonathanMiller||
|CircuitStewards|MrsMargaretBirch||
||MrsSharonKnox||
||MrsHazelTowle||
||MrIanLedgard||
||MrsAnnMaggs||
|Administrator|MrsEmilyJames||
|Nameoftreasureractedasthe|principalofficeroverseeingthedaytodayfinancialmanagementandaccountingforthe||
|circuitduringtheyear.|||
||MrsMargaretBirch||
|Trustees|||
|CLloyd|||
|JLewis|||
|PLloyd|||
|MDavies|||
|Rev**H**Wilson|||
|JGriffiths|||
|GJenkins|||
|JHicks|||
|DBrock|||
|JKinder|||
|NFletcher|||
|ALloyd|||
|RMaudsley|||
|JCorby|||
|AMaggs|||
|MBird|||
|SKnox|||
|RevDMurfin|||
|LWilson|||
|SBonser|||
|RevLHinson|||
|P Barkley|||
|ALaws|||
|EGriffiths|||
|SDavies|||
|JCooper|||
|RevFJepson-Randall|Resigned31August2021||
|MBirch|||
|HTowle|||
|JBirch|||





## 

|NWilliams||
|---|---|
|HThomas||
|ASamuel||
|KHunt|Resigned31August2021|
|ALewin||
|JWalker|Resigned31August2021|
|SDenman||
|GDavies||
|DWillingham|Resigned31August2021|
|MEvans||
|EDavies||
|JBaker|Resigned31August2021|
|ILedgard||
|KBackhousc||
|MMoules||
|MThomas||
|DHodson||
|RevMoon|Resigned31August2021|
|RevCChallis|Appointed1September2021|
|RevDrSWigley|Appointed1September2021|
|DMorris|Appointed1September2021|
|SAmor|Appointed1September2021|
|RSmith|Appointed1September2021|
|IndependentExaminer||
|MarkJonesBScFCA||
|ICAEW||
|ClayShawButler||
|CharteredAccountants||
|24LammasStreet||
|Carmarthen||
|Carmarthenshire||
|SA313AL||



## 

## 



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## 



## 

||||||31.8.21|31.8.20|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|fund|funds|funds|
||Notes|£|£|£|£|**£**|
|**INCOME AND**|||||||
|**ENDOWMENTSFROM**|||||||
|Donationsand legacies||212,725|||212,725|14,687|
|**Charitableactivities**|||||||
|General||138,056|59,020||197,076|220,809|
|Investmentincome||18,332|||18,332|15,214|
|Otherincome||||||1,058|
|**Total**||369,113|59,020||428,133|251,768|
|**EXPENDITUREON**|||||||
|Raisingfunds||4,241|||4,241|9,879|
|**Charitableactivities**|||||||
|General||252,727|47,559||300,286|230,223|
|**Total**||256,968|47,559||304,527|240,102|
|Netgainsoninvestments||5||5|10|6|
|NETINCOME||112,150|11,461||123,616|11,672|
|**RECONCILIATIONOF**|||||||
|**FUNDS**|||||||
|**Totalfundsbroughtforward**||1,168,501|11,438|3,769|1,183,708|1,172,036|
|**TOTALFUNDSCARRIED**|||||||
|**FORWARD**||1,280,651|22,899|3,774|1,307,324|1,183,708|



## 



## 

||||||31.8.21|31.8.20|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||iunds|funds|fund|funds|funds|
||Notes|£|£|£|£|£|
|**FIXEDASSETS**|||||||
|Tangibleassets|**1 1**|655,027|||655,027|669,799|
|**Investments**|||||||
|Investments|12|||3,774|3,774|3,769|
|Investmentproperty|13|305,000|||305,000|305,000|
|||960,027||3,774|963,801|978,568|
|CURRENTASSETS|||||||
|Debtors|14|21,469|||21,469|24,678|
|Investments|15|215,523|||215,523|86,306|
|Cashatbank||113,780|22,899||136,679|139,284|
|||350,772|22,899||373,671|250,268|
|CREDITORS|||||||
|Amountsfallingduewithinone|||||||
|year|16|(30,148)|||(30,148)|(45,128)|
|NETCURRENTASSETS||320,624|22,899||343,523|205,140|
|TOTALASSETSLESS|||||||
|CURRENTLIABILITIES||1,280,651|22,899|3,774|1,307,324|1,183,708|
|NETASSETS||1,280,651|22,899|3,774|1,307,324|1,183,708|
|FUNDS|17||||||
|Unrestrictedfunds|||||1,280,651|1,168,501|
|Restrictedfunds|||||22,899|11,438|
|Endowmentfunds|||||3,774|3,769|
|TOTALFUNDS|||||1,307,324|1,183,708|





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## 

|DONATIONSANDLEGACIES|||
|---|---|---|
||31.8.21|31.8.20|
||**£**|**£**|
|Donations|199,725|4,687|
|Grants|13,000|10,000|
||212,725|14,687|
|Grantsreceived,includedintheabove,areasfollows:|||
||31.8.21|31.8.20|
||**£**|**£**|
|Pembrokeshire CountyCouncil-Covid-19grant|13,000|10,000|
|INVESTMENTINCOME|||
||31.8.21|31.8.20|
||£|£|
|Rentsreceived|17,691|13,739|
|Dividendincome|7|9|
|Depositaccountinterest|634|1,466|
||18,332|15,214|





## 

## 

|||31.8.2]|31.8.20|
|---|---|---|---|
||Activity|£|£|
|Assessmentsonchurches|General|138,056|161,359|
|Grants|General|59,020|59,450|
|||197,076|220,809|
|Grantsreceived,includedin|theabove,areasfollows:|||
|||31.8.21|31.8.20|
|||**£**|**£**|
|SynodWales||13,260|13,000|
|MethodistChurchFundConnextionalgrant||13,260|13,000|
|ClychdaithCymru||13,000|13,000|
|SynodCymru||13,000|13,000|
|TheMethodistChurch-NewPlacedforNewPeople||-|2,200|
|TheTrusteesforMethodistChurchPurposes-DistrictAdvanceFund||-|250|
|WalesSynodoftheMethodistChurch||6,500|5.000|
|||59,020|59,450|



## 

## 

|||Grant|||
|---|---|---|---|---|
|||fundingof|||
|||activities|Support||
||Direct|(seenote|costs(see||
||Costs|**6)**|note7)|Totals|
||£|£|£|£|
|General|267,573|13,000|19,713|300,286|



## 

|31.8.21|31.8.20|
|---|---|
|£|£|
|13,000|417|





## 

## 

## 

## 

## 

## 

|**STAFFCOSTS**|||
|---|---|---|
||31.8.21|31.8.20|
||**£**|**£**|
|Wagesandsalaries|113,694|109,265|
|Socialsecuritycosts|9,675|9,432|
|Otherpensioncosts|27,464|26,741|
||150,833|145,438|
|Theaveragemonthlynumberofemployeesduringtheyearwasasfollows:|||
||31.8.21|31.8.20|
|Employees|4|4|



## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|fund|funds|
||**£**|**£**|**£**|**£**|
|**INCOMEANDENDOWMENTSFROM**|||||
|Donationsandlegacies|14,688|(1)|-|14,687|
|**Charitableactivities**|||||
|General|161,359|59,450|-|220,809|
|Investmentincome|15,214|-|-|15,214|
|Otherincome|1,058|-|-|1,058|
|**Total**|192,319|59,449|-|251,768|
|**EXPENDITUREON**|||||
|Raisingfunds|9,879|-|-|9,879|





## 

|**10.**|**COMPARATIVESFORTHESTATEMENT**|**OFFINANCIAL**|**ACTIVITIES- continued**|**ACTIVITIES- continued**||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|fund|funds|
|||£|£|£|£|
||**Charitableactivities**|||||
||General|186,182|44,041||230,223|
||**Total**|196,061|44,041||240,102|
||Netgainsoninvestments||||6|
||**NETINCOME/(EXPENDITURE)**|(3,742)|15,408||11,672|
||**Transfersbetweenfunds**|4,104|(4,104)|||
||**Netmovementinfunds**|362|11,304||11.672|
||**RECONCILIATIONOFFUNDS**|||||
||**Totalfundsbroughtforward**|1,168,139|134|3,763|1,172,036|
||**TOTALFUNDSCARRIEDFORWARD**|1,168,501|**11,438**|3,769|1,183,708|
|**11.**|**TANGIBLEFIXEDASSETS**|||||
|||||Fixtures||
||||Freehold|and||
||||property|fittings|Totals|
||||£|£|£|
||COST|||||
||At1September2020and31August2021||738,615|37,000|775,615|
||DEPRECIATION|||||
||At1September2020||72,816|33,000|105,816|
||Chargeforyear||14,772||14,772|
||At31August2021||87,588|33,000|120,588|
||NETBOOKVALUE|||||
||At31August2021||651,027|4,000|655,027|
||At31August2020||665,799|4,000|669,799|





## 

|12.|FIXEDASSETINVESTMENTS||
|---|---|---|
|||Listed|
|||investments|
|||£|
||MARKETVALUE||
||At1September2020|3,769|
||Additions|5|
||At31August2021|3,774|
||NETBOOKVALUE||
||At31August2021|3,774|
||At31August2020|3,769|
||TherewerenoinvestmentassetsoutsidetheUK.||
|**13.**|INVESTMENTPROPERTY||
||FAIRVALUE||
||At1September2020||
||and31August 2021|305,000|
||NETBOOKVALUE||
||At31August2021|305,000|
||At31August2020|305,000|



||Investmentpropertyhasbeenvaluedbythetrusteesratherthananindependent|valuer,usingtheirknowledgeof|valuer,usingtheirknowledgeof|
|---|---|---|---|
||localpropertyvalues.|||
|**14.**|DEBTORS:AMOUNTSFALLINGDUEWITHINONEYEAR|||
|||31.8.21|31.8.20|
|||**£**|**£**|
||Otherdebtors|10,500|10,500|
||Prepayments|10,969|14,178|
|||21,469|24,678|





## 

## 

|15.|CURRENTASSETINVESTMENTS|||||
|---|---|---|---|---|---|
|||||31.8.21|31.8.20|
|||||**£**|**£**|
||TrusteesInterestFund|||215,523|86,306|
|16.|CREDITORS:AMOUNTSFALLINGDUEWITHINONE||YEAR|||
|||||31.8.21|31.8.20|
|||||**£**|**£**|
||Deferredincome|||27,778|40,746|
||Accruedexpenses|||2,370|4,382|
|||||30,148|45,128|
||**MOVEMENTINFUNDS**|||||
||||Net|Transfers||
||||movement|between|At|
|||At1.9.20|infunds|funds|31.8.21|
|||**£**|£|£|£|
||**Unrestrictedfunds**|||||
||Generalfund|1,082,195|113,269|(130,336)|1,065,128|
||CircuitModelTrust|55,424|(1,156)|130,368|184.636|
||Designated|30,882|37|(32)|30,887|
|||1,168,501|112,150|_|1,280,651|
||**Restrictedfunds**|||||
||DeaconProject|9,858|12,672|-|22,530|
||Administratorgrant|80|(80)|-|-|
||NewPeopleNewPlaces|1,500|(1,131)|-|369|
|||11,438|11,461|_|22,899|
||**Endowmentfunds**|||||
||Endowmentfund|3,769|5|-|3,774|
||TOTALFUNDS|1,183,708|123,616|-|1,307,324|





## 

## 

## 

||Incoming|Resources|Gainsand|Movement|
|---|---|---|---|---|
||resources|expended|losses|infunds|
||£|£|£|£|
|**Unrestrictedfunds**|||||
|Generalfund|368,667|(255,403)||113,269|
|CircuitModelTrust|341|(1,497)||(1,156)|
|Designated|105|(68)||37|
||369,113|(256,968)||112,150|
|**Restrictedfunds**|||||
|Deacon Project|52,520|(39,848)||12,672|
|Administratorgrant|6,500|(6,580)||(80)|
|NewPeopleNewPlaces||(1,131)||(1,131)|
||59,020|(47,559)||11,461|
|**Endowmentfunds**|||||
|Endowmentfund||||5|
|**TOTALFUNDS**|428,133|(304,527)|10|123,616|



## 

|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At1.9.19|infunds|funds|31.8.20|
||£|£|£|£|
|**Unrestrictedfunds**|||||
|Generalfund|1,080,783|(2,692)|4,104|1,082,195|
|CircuitModelTrust|56,474|(1,050)||55,424|
|Designated|30,882|||30,882|
||1,168,139|(3,742)|4,104|1,168,501|
|**Restrictedfunds**|||||
|Deacon**Project**||13,962|(4,104)|9,858|
|Administratorgrant|134|(54)||80|
|NewPeopleNewPlaces||1,500||1,500|
||134|15,408|(4,104)|11,438|
|**Endowmentfunds**|||||
|Endowmentfund|3,763|6||3,769|
|**TOTALFUNDS**|1,172,036|11,672||1,183,708|





## 

## 

||Incoming|Resources|Gainsand|Movement|
|---|---|---|---|---|
||resources|expended|losses|infunds|
||**£**|**£**|**£**|**£**|
|**Unrestrictedfunds**|||||
|Generalfund|191,844|(194,536)|-|(2,692)|
|CircuitModelTrust|475|(1,525)|-|(1,050)|
||192,319|(196,061)|-|(3,742)|
|**Restrictedfunds**|||||
|DeaconProject|52,950|(38,988)|-|13,962|
|Administratorgrant|4,999|(5,053)|-|(54)|
|NewPeopleNewPlaces|1,500|-|-|1,500|
||59,449|(44,041)|-|15,408|
|**Endowmentfunds**|||||
|Endowmentfund|-||6|6|
|**TOTALFUNDS**|251,768|(240,102)|6|11,672|



## 

##