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|Active Circuit Ministers|Rev Dr Stephen Wigley (Titular|Rev Dr Stephen Wigley (Titular|Superintendent)|(to31August 2022)|
|---|---|---|---|---|
||Rev Lorette Hinson||||
||Rev Carole Challis|(0.4FTE)|(to 31August 2022)||
||Rev Hugh-Jphn
Wilson (0.2FTE)||||
||Deacon Jonathan Miller||||
|Law Worker (Pastoral)|Mrs Diane Hodson|(p/t)|||
|Circuit Stewards|Mrs Margaret Birch||||
||Miss Sharon Knox||||
||Mrs Hazel Towle||||
||Mr lan Ledgard||||
||Mrs Ann Maggs||||
|Administrator|Mrs Emily James|(to 28 February 2023)|||
|Trustees|||
|---|---|---|
|Rev KHays|Appointed|1 September 2022|
|Rev GHays|Appointed|1 September 2022|
|SAmor|Appointed|1 September 2021|
|D Morris|Appointed|1 September 2021|
|R Smith|||
|D Hodson|||
|M Birch|||
|M Thomas|||
|M Moules|||
|A Sainuel|||
|A Lewin|||
|H Towle|||
|JBirch|||
|SDetunan|||
|GDavies.|||
|M Evans|||
|N Williams|||
|ILedgard|||
|EGrifilths|||
|ALaws|||
|M Davies|||
|P Barkley|||
|RevLHinson|||
|LWilson|||
|Rev H Wilson|||
|M Bird|||
##
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||||||||||31.8.22|31.8.21|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Endowtnent|Total|Total|
|||||||funds|funds|fund|funds|funds|
||||||Notes|||8|f|f|
|INCOME|AND||||||||||
|ENDOWMENTS|||FROM||||||||
|Donations|and legacies|||||515|||515|212,725|
|Charitable|activities||||||||||
|General||||||130,336|58,050||188,386|197,076|
|Investment|income|||||20,516|||20,516|18,332|
|Other income||||||1,247|||1,247||
|Total||||||152,614|58,050||210,664|428,133|
|EXPENDITURE|||ON||||||||
|Raising funds||||||12,680|||12,680|4,241|
|Charitable|activities||||||||||
|General||||||195,976|46,566||242,542|300,286|
|Total||||||208,656|46,566||255,222|304,527|
|Net gains/(losses)||on|||||||||
|investments||||||(3)||(126)|(129)|10|
|NKT|||||||||||
|INCOME/(EXPENDITURE)||||||(56,045)|11,484|(126)|(44,687)|123,616|
|RECONCILIATION||||OF|||||||
|FUNDS|||||||||||
|Total funds|brought||forward|||1,280,651|22,899|3,774|1,307,324|1,183,708|
|TOTAL FUNDS CARRIED|||||||||||
|FORWARD||||||1,224,606|34,383|3,648|1,262,637|1,307,324|
##
##
||||||31.8.22|31.8.21|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|fund|funds|funds|
||Notes||||f|8|
|FIXEDASSETS|||||||
|Tangible assets|11|430,255|||430,255|655,027|
|Investments|||||||
|Investments|12|||3,648|3,648|3,774|
|Investment
property|13|305,000|||305,000|305,000|
|||735,255||3,648|738,903|963,801|
|CURRENT ASSETS|||||||
|Debtors|14|25,174|||25,174|21,469|
|Investments|15|377,610|||377,610|215,523|
|Cash at bank||120,596|34,383||154,979|136,679|
|||523,380|34,383||557,763|373,671|
|CREDITORS|||||||
|Amounts
falling due within one|||||||
|year|16|(34,029)|||(34,029)|(30,148)|
|NET CURRENT ASSETS||489,351|34,383||523,734|343,523|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||1,224,606|34,383|3,648|1,262,637|1,307,324|
|NET ASSETS||1,224,606|34,383|3,648|1,262,637|1,307,324|
|FUNDS|17||||||
|Unrestricted
funds|||||1,224,606|1,280,651|
|Restricted funds|||||34,383|22,899|
|Endowment
funds|||||3,648|3,774|
|TOTAL FUNDS|||||1,262,637|1,307,324|
##
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||DONATIONS|AND LE|GACIES|||
|---|---|---|---|---|---|
|||||31.8.22|31.8.21|
||Donations|||515|199,725|
||Grants||||13,000|
|||||515|212,725|
||Grants received,|included|in the above, are as follows:|||
|||||31.8.22|31.8.21|
||Pembrokeshire|County Council - Covid-19 grant|||13,000|
|3.|INVESTMENT INCOME|||||
|||||31.8.22|31.8.21|
||Rents received|||18,857|17,691|
||Dividend
income|||10|7|
||Deposit accountinterest|||1,649|634|
|||||20,516|18,332|
##
|4.|INCOME|F|ROM CHA|RIT|A|BLE|ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.8.22|31.8.21|
|||||||Activity|||||
||Assessments||on churches|||General|||130,336|138,056|
||Grants|||||General|||58,050|59,020|
||||||||||188,386|197,076|
||Grants received, included|||in the||above, are as follows:|||||
||||||||||31.8.22|31.8.21|
||Synod Wales||||||||13,525|13,260|
||Methodist|Church Fund Connextionat|||||grant||13,525|13,260|
||Clychdaith|Cymru|||||||13,000|13,000|
||Synod Cymru||||||||13,000|13,000|
||Wales Synod||ofthe Methodist||Church||||5,000|6,500|
||||||||||58,050|59,020|
|5.|CHARITABLE ACTIVITIES|||||COSTS|||||
||||||||||Support||
|||||||||Direct|costs (see||
|||||||||Costs|note 7)|Totals|
|||||||||6|||
||General|||||||277,612|(35,070)|242,542|
|6.|GRANTS|PAYABLE|||||||||
||||||||||31.8.22|31.8.21|
||Grants to institutions|||||||||13,000|
##
|7,|SUPPORT COSTS|||||
|---|---|---|---|---|---|
||||Management|Finance|Totals|
||||45,030|(80,100)|(35,070)|
|8.|TRUSTEES' REMUNERATION|AND BENEFITS||||
##
##
|During the year 5 tru|stees received travel e|xpenses totaBing &l,830(2021:2 tru|stees received f1,|363).|
|---|---|---|---|---|
|STAFF COSTS|||||
||||31.8.22|31.8.21|
||||f|I|
|Wages and salaries|||89,154|113,694|
|Social security costs|||5,690|9,675|
|Other pension costs|||33,207|27,464|
||||128,051|150,833|
|The average monthly|number ofemployees|during the year was as follows:|||
||||31.8.22|31.8.21|
|Etnployees|||3|4|
##
|COMPARATIVES FORTHE STATEMENT|COMPARATIVES FORTHE STATEMENT|OFFINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|fund|funds|
|INCOME|AND ENDOWMENTS I'ROM|||||
|Donations|snd legacies|212,725|||212,725|
|Charitable|activities|||||
|General||138,056|59,020||197,076|
|Investment|income|18,332|||18,332|
|Total||369,113|59,020||428,133|
##
|10.|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|OFFINANCIAL|ACTIVITIES - continued|ACTIVITIES - continued||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|
||||funds|funds|fund|funds|
|||||6|||
||EXPENDITURE ON||||||
||Raising funds||4,241|||4,241|
||Charitable
activities||||||
||General||252,727|47,559||300,286|
||Total||256,968|47,559||304,527|
||Net gains on investments|||||10|
||NET INCOME||112,150|11,461|5|123,616|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought
forward||1,168,501|11,438|3,769|1,183,708|
||TOTAL FUNDS CARRIED FORWARD||1,280,651|22,899|3,774|1,307,324|
|11.|TANGIBLE FIXEDASSETS||||||
||||||Fixtures||
|||||Freehold|and||
|||||property|fittings|Totals|
|||||6|||
||COST||||||
||At 1 September 2021|||738,615|37,000|775,615|
||Disposals|||(230,000)|(17,000)|(247,000)|
||At 31 August 2022|||508,615|20,000|528,615|
||DEPRECIATION||||||
||At 1 September 2021|||87,588|33,000|120,588|
||Charge for year|||14,772||14,772|
||Eliminated
on disposal|||(23,000)|(14,000)|(37,000)|
||At 31August 2022|||79,360|19,000|98,360|
||NET BOOK VALUE||||||
||At 31August 2022|||429,255|1,000|430,255|
||At 31 August 2021|||651,027|4,000|655,027|
##
##
||||Listed|
|---|---|---|---|
||||investments|
||MARKET VALUE|||
||At 1 September 2021||3,774|
||Disposals||(126)|
||At 31 August 2022||3,648|
||NET BOOK VALUE|||
||At 31August 2022||3,648|
||At 31August 2021||3,774|
||There were no investment|assets outside the UK.||
|13.|INVESTMENT PROPERTY|||
||FAIR VALUE|||
||At 1 September 2021|||
||and 31 August 2022||305,000|
||NET BOOK VALUE|||
||At31August 2022||305,000|
||At 31August 2021||305,000|
|Investment
property|has been valued by the trustees rather than an independent|valuer, using their knowledge|valuer, using their knowledge|of|
|---|---|---|---|---|
|local property values.|||||
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||31.8.22|31.8.21||
||||8||
|Other debtors||10,500|10,500||
|Prepayments||14,674|10,969||
|||25,174|21,469||
##
|15.|CURRENT ASSETINVESTMENTS||||||
|---|---|---|---|---|---|---|
||||||31.8.22|31.8.21|
||Trustees Interest Fund||||377,610|215,523|
|16.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE||YEAR||||
||||||31.8.22|31.8.21|
||Deferred income||||30,214|27,778|
||Accrued expenses||||3,815|2,370|
||||||34,029|30,148|
|17.|MOVEMENT IN FUNDS||||||
|||||Net|Transfers||
||||movement||between|At|
|||At 1.9.21|in|funds|funds|31.8.22|
|||6||||6|
||Unrestricted
funds||||||
||General fund|1,065,128|71,968||(290,100)|846,996|
||Circuit Model Trust|184,636|(128,008)||290,100|346,728|
||Designated|30,887||(5)||30,882|
|||1,280,651|(56,045)|||1,224,606|
||Restricted funds||||||
||Deacon Project|22,530|11,760|||34,290|
||New People New Places|369||(276)||93|
|||22,899|11,484|||34,383|
||Endowment
funds||||||
||Endowment
fund|3,774||(126)||3,648|
||TOTAL FUNDS|1,307,324|(44,687)|||1,262,637|
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||||8|f.|
|Unrestricted|funds||||||
|General fund|||151,628|(79,657)|(3)|71,968|
|Circuit Model Trust|||842|(128,850)||(128,008)|
|Designated|||144|(149)||(5)|
||||152,614|(208,656)|(3)|(56,045)|
|Restricted funds|||||||
|Deacon Project|||53,051|(41,291)||11,760|
|Administrator|grant||5,000|(5,000)|||
|New People|New Places||(1)|(275)||(276)|
||||58,050|(46,566)||11,484|
|Endowment|funds||||||
|Endowment|fund||||(126)|(126)|
|TOTAL FUNDS|||210,664|(255,222)|(129)|(44,687)|
|Comparatives
for movement||in funds|||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.9.20|in funds|funds|31.8.21|
|Unrestricted|funds||||||
|General fund|||1,082,195|113,269|(130,336)|1,065,128|
|Circuit Model Trust|||55,424|(1,156)|130,368|184,636|
|Designated|||30,882|37|(32)|30,887|
||||1,168,501|112,150||1,280,651|
|Restricted funds|||||||
|Deacon Project|||9,858|12,672||22,530|
|Administrator|grant||80|(80)|||
|New People|New Places||1,500|(1,131)||369|
||||11,438|11,461||22,899|
|Endowment|funds||||||
|Endowment|fund||3,769|||3,774|
|TOTAL FUNDS|||1,183,708|123,616||1,307,324|
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|||8||||
|Unrestricted|funds|||||
|General fund||368,667|(255,403)||113,269|
|Circuit Model Trust||341|(1,497)||(1,156)|
|Designated||105|(68)||37|
|||369,113|(256,968)||112,150|
|Restricted funds||||||
|Deacon Project||52,520|(39,848)||12,672|
|Administrator|grant|6,500|(6,580)||(80)|
|New People|New Places||(1,131)||(1,131)|
|||59,020|(47,559)||11,461|
|Endowment|funds|||||
|Endowment|fund|||||
|TOTAL FUNDS||428,133|(304,527)|10|123,616|
##
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