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2023-12-31-accounts

Diocese Swansea & Brecon Archdeaconry Gower
Parish of St. Mary's Church
ANNUAL FINANCIAL RETURN FOR 2023
Dedication of all Churches included in this return St. Mary's Church
PLEASE REFER TO THE GUIDANCE NOTES & TO THE INCOME & EXPENDITURE ANALYSIS WHEN FI LLING IN THIS RETURN
ROUND ALL FIGURES TO NEAREST £
INCOME AND EXPENDITURE
Unrestricted Restricted Total of
Funds Funds all Funds
INCOMINGRESOURCES /RECEIPTS £
Voluntaryincome Plannedgiving 16,899 0 16,899
Loose collections 11,886 0 11,886
Donations: 1,891 276 2,167
For Mission 7,520 0 7,520
Tax refunds 5,490 0 5,490
Legacy gifts received 500 0 500
Grants 22,464 17,803 40,267
Generated income Moneyraising 18,105 0 18,105
Fees 2,578 0 2,578
Investment income 11,955 0 11,955
Other incomingresources 0 0 0
TOTAL INCOMING RESOURCES / RECEIPTS 99,288 18,079 117,367
RESOURCES EXPENDED / PAYMENTS
Support for Ministry Parish share 46,924 0 46,924
Parochial expenses of clerics 4,167 0 4,167
Other 400 0 400
Parish Activities Maintenance of services 14,961 0 14,961
General Parish expenses 3,201 0 3,201
Church Property Maintenance of churches 34,350 2,045 36,395
Maintenance of otherproperty 0 0 0
Exceptional expenditure 0 0 0
Grants and Financial Support Parish 0 4,759 4,759
Home/World 365 0 365
Other Resources Expended Capital Payments 0 0 0
Cost of MoneyRaising Cost of MoneyRaising 1,428 0 1,428
TOTAL RESOURCES EXPENDED / PAYMENTS 105,796 6,804 112,600
BALANCE OF TOTAL FUNDS
Brought forward 1st January 2023 95,919 2,196 98,115
Carried forward 31st December
2023
89,411 13,471 102,882
Diocese Swansea & Brecon Archdeaconry Gower
Parish of St. Mary's Church
ANNUAL FINANCIAL RETURN FOR 2023
Dedication of all Churches included in this return St. Mary's Church
PLEASE REFER TO THE GUIDANCE NOTES & TO THE INCOME & EXPENDITURE ANALYSIS WHEN FI LLING IN THIS RETURN
ROUND ALL FIGURES TO NEAREST £
INCOME AND EXPENDITURE
Unrestricted Restricted Total of
Funds Funds all Funds
INCOMINGRESOURCES /RECEIPTS £
Voluntaryincome Plannedgiving 16,899 0 16,899
Loose collections 11,886 0 11,886
Donations: 1,891 276 2,167
For Mission 7,520 0 7,520
Tax refunds 5,490 0 5,490
Legacy gifts received 500 0 500
Grants 22,464 17,803 40,267
Generated income Moneyraising 18,105 0 18,105
Fees 2,578 0 2,578
Investment income 11,955 0 11,955
Other incomingresources 0 0 0
TOTAL INCOMING RESOURCES / RECEIPTS 99,288 18,079 117,367
RESOURCES EXPENDED / PAYMENTS
Support for Ministry Parish share 46,924 0 46,924
Parochial expenses of clerics 4,167 0 4,167
Other 400 0 400
Parish Activities Maintenance of services 14,961 0 14,961
General Parish expenses 3,201 0 3,201
Church Property Maintenance of churches 34,350 2,045 36,395
Maintenance of otherproperty 0 0 0
Exceptional expenditure 0 0 0
Grants and Financial Support Parish 0 4,759 4,759
Home/World 365 0 365
Other Resources Expended Capital Payments 0 0 0
Cost of MoneyRaising Cost of MoneyRaising 1,428 0 1,428
TOTAL RESOURCES EXPENDED / PAYMENTS 105,796 6,804 112,600
BALANCE OF TOTAL FUNDS
Brought forward 1st January 2023 95,919 2,196 98,115
Carried forward 31st December
2023
89,411 13,471 102,882

st. Mary's Church

114622 9

Registered Charity No.

CHURCH COUNCIL

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ADMINISTRATIVE INFORMATION The Parish is situated in Swansea West Glamorgan Swansea & within the Diocese of Brecon The correspondence address is St. Mary's Church, St. Mary's Square, Swansea, SA1 3LP The Churches which make up the Parish are St. Mary's Church

CHURCH COUNCIL (CC)

The members who served from 1
January
2023
until the date this report was approved were:
Name
if appointed or
resigned in period
office held
date
date
appoint
ed
resigned
Clergy
Justine
Davies
Jul-22
Sam Aldred
Jun-19
Jan-23
John
Anthony
Jun-16
Church warden appointed by
Incumbent
Helen
Murray MBE
Apr-22
Church Warden elected
Bashi
r Gill
Nov-22
Lord Mayor' Wardens
Jacqui
Morgan
Apr-22
Julian
Mamiso
Apr-22
Wardens of
Holy Trinity
Alison
Thomas
Apr-23
Ryan
Thomas
Apr-23
Council
Members
Paul Murray
Apr-23
Yvonne Pitt
Apr-23
Ruth
Roberts
Apr-23
Karen
Phillips
Apr-23
Tony
Davie
s
Apr-23
Margaret
Apr-23
The members who served from 1
January
2023
until the date this report was approved were:
Name
if appointed or
resigned in period
office held
date
date
appoint
ed
resigned
Clergy
Justine
Davies
Jul-22
Sam Aldred
Jun-19
Jan-23
John
Anthony
Jun-16
Church warden appointed by
Incumbent
Helen
Murray MBE
Apr-22
Church Warden elected
Bashi
r Gill
Nov-22
Lord Mayor' Wardens
Jacqui
Morgan
Apr-22
Julian
Mamiso
Apr-22
Wardens of
Holy Trinity
Alison
Thomas
Apr-23
Ryan
Thomas
Apr-23
Council
Members
Paul Murray
Apr-23
Yvonne Pitt
Apr-23
Ruth
Roberts
Apr-23
Karen
Phillips
Apr-23
Tony
Davie
s
Apr-23
Margaret
Apr-23
The members who served from 1
January
2023
until the date this report was approved were:
Name
if appointed or
resigned in period
office held
date
date
appoint
ed
resigned
Clergy
Justine
Davies
Jul-22
Sam Aldred
Jun-19
Jan-23
John
Anthony
Jun-16
Church warden appointed by
Incumbent
Helen
Murray MBE
Apr-22
Church Warden elected
Bashi
r Gill
Nov-22
Lord Mayor' Wardens
Jacqui
Morgan
Apr-22
Julian
Mamiso
Apr-22
Wardens of
Holy Trinity
Alison
Thomas
Apr-23
Ryan
Thomas
Apr-23
Council
Members
Paul Murray
Apr-23
Yvonne Pitt
Apr-23
Ruth
Roberts
Apr-23
Karen
Phillips
Apr-23
Tony
Davie
s
Apr-23
Margaret
Apr-23
The members who served from 1
January
2023
until the date this report was approved were:
Name
if appointed or
resigned in period
office held
date
date
appoint
ed
resigned
Clergy
Justine
Davies
Jul-22
Sam Aldred
Jun-19
Jan-23
John
Anthony
Jun-16
Church warden appointed by
Incumbent
Helen
Murray MBE
Apr-22
Church Warden elected
Bashi
r Gill
Nov-22
Lord Mayor' Wardens
Jacqui
Morgan
Apr-22
Julian
Mamiso
Apr-22
Wardens of
Holy Trinity
Alison
Thomas
Apr-23
Ryan
Thomas
Apr-23
Council
Members
Paul Murray
Apr-23
Yvonne Pitt
Apr-23
Ruth
Roberts
Apr-23
Karen
Phillips
Apr-23
Tony
Davie
s
Apr-23
Margaret
Apr-23
The members who served from 1
January
2023
until the date this report was approved were:
Name
if appointed or
resigned in period
office held
date
date
appoint
ed
resigned
Clergy
Justine
Davies
Jul-22
Sam Aldred
Jun-19
Jan-23
John
Anthony
Jun-16
Church warden appointed by
Incumbent
Helen
Murray MBE
Apr-22
Church Warden elected
Bashi
r Gill
Nov-22
Lord Mayor' Wardens
Jacqui
Morgan
Apr-22
Julian
Mamiso
Apr-22
Wardens of
Holy Trinity
Alison
Thomas
Apr-23
Ryan
Thomas
Apr-23
Council
Members
Paul Murray
Apr-23
Yvonne Pitt
Apr-23
Ruth
Roberts
Apr-23
Karen
Phillips
Apr-23
Tony
Davie
s
Apr-23
Margaret
Apr-23
Name
date
appoint
ed
if appointed or
resigned in period
date
resigned
office held
Justine
Davies
Sam Aldred
John
Anthony
n appointed by
Helen
Murray MBE
n elected
Bashi
r Gill
ardens
Jacqui
Morgan
Julian
Mamiso
Alison
Thomas
Ryan
Thomas
Paul Murray
Yvonne Pitt
Ruth
Roberts
Karen
Phillips
Tony
Davie
s
Margaret
Jul-22
Jun-19
Jun-16
Apr-22
Nov-22
Apr-22
Apr-22
Apr-23
Apr-23
Apr-23
Apr-23
Apr-23
Apr-23
Apr-23
Apr-23
Jan-23

Fox Terry Davies Apr-23

STRUCTURE GOVERNANCE AND MANAGEMENT

The Church in Wales is governed by its Constitution, set up under section 13(1) of the Welsh Church Acts

1914, as amended from time to time by its Governing Body. The PCC is not a body corporate. Its composition, procedures and powers are regulated by the Constitution, which provides that before assuming office, every member must sign a declaration that he or she will be bound by the Constitution.

The Constitution provides that the members of the PCC shall be: The Incumbent, Vicars and Assistant Curates; two Church Wardens, one appointed by the Incumbent and one elected at the Annual Vestry Meeting (AVM); two Sub-warden for each Church where there is more than one Church in the Parish, one

appointed by the Incumbent and one elected at the AVM; Up to 25 lay members elected at the AVM; co-opted Secretary and Treasurer (if not already ex-officio or elected); and up to 7 further co-opted members.

Lay, communicant persons over the age of 16 may be entered on an Electoral Roll (subject to certain conditions)

and all such persons, so entered, are entitled to vote and to stand for election.

Page 1
St. Mary's Church
114622
CHURCH COUNCIL Registered Charity No. 9
ANNUAL REPORT AND FINANCIAL
STATEMENTS
FOR THE YEAR ENDED 31
DECEMBER 2023 Continued

OBJECTIVES, ACTIVITIES AND PUBLIC

BENEFIT

As required by the Charities Act 2011, the CC has given due regard to guidance published by the Charity Commission in respect of the operation of the public benefit requirement. The activities undertaken to fulfil the CC's purposes for the public benefit are described and detailed hereunder. The Church in Wales is a Province within the Anglican Communion and seeks to advance the Christian religion through world-wide mission. It is the responsibility of the CC and the Incumbent to work together

and co-operate in all matters of concern and importance to the Parish for the promotion of the mission of

the Church, pastoral, evangelistic, social and ecumenical in the Parish. The CC is responsible, interalia, for the parochial budget and all expenditure thereunder, the care and maintenance of Church fabric

and of the Churchyards, and for any action or other matter referred to it in accordance with the Constitution, and is the normal channel of communication between parishioners and the Diocesan Bishop.

This

MEMBERSHIP AND

Last year

ATTENDANCE
Members on Parish Electoral Roll
at
(date)
Easter communicants
Christmas communicants
Average weekly attendance (calculated for Church in Wales Return)
year
71
147
178
275
67
151
207
253

ACHIEVEMENTS AND

PERFORMANCE

A full report of all that has happened in the last year, and details of future plans, are included in the ACHIEVEMENTS AND PERFORMANCE section of this report below.

FINANCIAL REVIEW

The receipts and payments for the year, and the assets and liabilities at the year end are shown in the statements of account which accompany this report. Further detail of the results for the year and the financial position are included in the ACHIEVEMENTS AND PERFORMANCE section of this report below.

"Free" unrestricted reserves shown by the Statement of Assets and Liabilities (Cash Funds, plus Other Monetary Assets, plus Investments, less Liabilities) at year end totalled £ 606,564 ;

RESERVES POLICY

The PCC aims to retain a balance of unrestricted "free" reserves to provide working capital, and to meet

months payments any future shortfalls in receipts or unexpected payments, at least equal to 12 . The unrestricted reserves amount detailed above is in line with this policy.

ADVISERS

APPROVED by the Church Council on

Council on (date) 5.5.24 and signed on its behalf by Helen : (name) Murray (Signatur Hwlwn e) Murray Page 2

St. Mary's Church

St. Mary's Church
CHURCH COUNCIL Registered Charity
No.
11462
29
FINANCIAL STATEMENTS
YEAR ENDED 31st DECEMBER
2023 Not
es
General
Funds
£
Restricte
d
Funds
£
This
Year
Total
£
Previou
s
Year
£
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR
RECEIPTS
Planned giving
16,89 16,89 17,55
Loose Collections
Donations
For Mission
Tax Refunds
Legacy gifts received
Grants
Money Raising
Fees
Investment Income
Other capital receipts
TOTAL RECEIPTS
PAYMENTS
Parish Share
Parochial Expenses of Clerics
Other Support for Ministry
Maintenance of Services
General Parish Expenses
Maintenance of Churches
Maintenance of other property
Exceptional expenditure
Parish Mission
Home/World Mission
Cost of Money Raising
Other capital payments
TOTAL PAYMENTS
NET RECEIPTS / PAYMENTS FOR THE YEAR
Transfers between Funds
Bank and oncall deposit balances at beginning of year
Bank and oncall deposit balances at end of year
9
11,88
6
1,774
5,490
500
22,46
4
25,62
5
2,578
10,39
8
7,257
276
17,803
9
11,88
6
2,050
0
5,490
500
40,26
7
25,62
5
2,578
10,39
8
7,257
8
8,542
8,573
5,380
5,726
0
400
10,29
7
1,416
10,23
0
0
104,8
70
18,079 122,9
49
68,12
2
47,02
4
4,167
400
14,96
1
3,118
34,35
0
0
407
1,546
2,045
4,683
47,02
4
4,167
400
14,96
1
3,118
36,39
5
0
0
4,683
407
1,546
0
37,97
1
1,649
640
15,32
6
4,277
15,16
6
0
0
2,962
10
173
406
105,7
06
6,728 112,7
00
78,16
4
-836
0
95,91
9
11,351
0
2,196
10,24
9
0
98,11
5
-
10,03
2
108,1
48
100,6
82
2,196 102,8
78
98,11
6
STATEMENT OF ASSETS AND LIABILITIES AT
YEAR END
CASH FUNDS
Bank balances
Oncall deposit balances
OTHER MONETARY
Debtors
ASSETS
Gift Aid receivable
Loans receivable
Other
INVESTMENTS
Term deposits
Quoted investments
7,847
81,56
0
13,471
0
21,31
8
81,56
0
11,05
8
87,04
7
89,40
7
13,471 102,8
78
98,10
5
0 0 0
0
0
0
0 0 0 0
503,6
86
0 0
503,6
86
512,3
42

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|||||| |---|---|---|---|---| |Investment property|0| |Other|0| |503,6|503,6|512,3| |86|0|86|42| |ASSETS RETAINED FOR CHURCH USE (described in| |the Notes attached to these Accounts).| |LIABILITIES|Creditors|0|0|0| |Loans payable|0| |Other|0| |0|0|0|0|

----- End of picture text -----

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||||| |---|---|---|---| |INDEPENDENT EXAMINER’S REPORT TO ST MARY’S CHURCH COUNCIL| |I report on the accounts for the year ended 31|[st]|December 2023| |The Church Council (CC) is responsible for the preparation of the accounts. The CC considers that an audit is not| |required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is| |needed.| |It is my responsibility to:| |Examine the accounts under section 145 of the 2011 Act| |To follow the procedures laid down in the General Directions given by the charity commissioners (under section| |145(5)(b) of the 2011 act) and to state whether particular matters have come to my attention.| |My examination was carried out in accordance with the general directions given by the Charity Commission. An| |examination includes a review of the accounting 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 from you as trustees concerning any such matters. The procedures undertaken do not| |provide all the evidence that would be required in and audit and consequently no opinion is given as to whether the| |accounts present a true and Fairview and the report is limited to those matters set out in the statement below.| |Independent examiners statement| |in connection with my examination no matter has come to my attention which gives me reasonable cause to believe| |that in any material respect the requirements to keep accounting records in accordance with section 130 of the| |2011 act and to prepare accounts which accord with the accounting records of comply with the accounting| |requirements of the 2011 act have not been met or to which in my opinion attention should be drawn in order to| |enable a proper understanding of the accounts to be reached.| |Gillian Knight|3|[rd]|May 2023|

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