2025-12-31-accounts - Swansea Minster

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SWANSEA MINSTER (formerly St Mary’s Church Swansea) FINANCIAL STATEMENTS

2025

RECEIPTS	Plannedgiving	12,393.00
	Loose collections	13,500.63
	On line donations	12,042.90
	Donations	1,404.00
	For Mission	0
	Tax refunds	18,844.68
	Legacy gifts	0
	Grants	442,164.74
	Moneyraising	33,779.62
	Fees	1,330.00
	Investment income	14,794.81
	Other	472.00
	TOTAL RECEIPTS	562,554.30

PAYMENTS	Parish Share	48,750.00
	Clergyexpenses	7,890.14
	Maintenance of services	16,452.84
	General Parish expenses	127,192.93
	Maintenance of church	57,879.49
	Parish Mission	20,946.17
	Home/World mission	1,180.54
	Cost of moneyraising	16,803.75
	Charges	344.88
	Professional fees	57,858.10
	Other	25,200.00
	TOTAL PAYMENTS	380,498.84

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		182,055.46
		0
		96,642.72
		280,886.21

STATEMENT OF ASSESTS AND LIABILITIES AT YEAR END

Approved by the Minster Board on 10[th] March 2025

And signed on its behalf by Name Helen Murray MBE

Signature Helen Murray

Diocese of Swansea & Brecon

Swansea Minster - St Mary’s Church

Voluntary income	Planned giving		12,393.00
	Loose collections		13,500.63
	Donations		1,404.00
	On line giving		12,042.90
	For Mission
	Tax refunds		18,844.68
	Legacy gifts
	Grants		442,164.74
Generated income	Money raising		33,779.62
	Fees		1,330.00
Investment income			14,794.81
Other incoming resources			472.00
TOTAL INCOMING RESOURCES/RECEIPTS				562,554.30
RESOURCES EXPENDED/PAYMENTS
Support for Ministry	Parish Share		48,750.00
	Clergy expenses		7,890.14
	Other		0
Parish Activities	Maintenance of services		16,452.84
	General parish expenses		127,192.93
Church property	Maintenance of churches		57,879.49
	Maintenance of other property		0
	Exceptional expenditure		0
Grants and Financial	Support Parish		20,946.17
	Home/world		1,180.54
Other resources Expended Charges			344.88
	Money	Raising cost	16,803.75
	Professional fees		57,858.10
	Other		25,200.00
TOTAL RESOURCES EXPENDED/PAYMENTS				380,498.84
BALANCE OF TOTAL FUNDS	Current A/C	Deposit A/C
B/F 1stJanuary 2025	23305.40	73337.32
C/F 31stDecember 2025 203716.49		77169.72
Incumbent name Justin Davies Treasurer name Helen Murray
SignatureJustin Davies		SignatureHelen Murray
Date March 2026

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 and comply with the requirements of 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.

Name: Claire O’Conner

Date: 31.01.25

SWANSEA MINSTER

ANALYSIS OF INCOME AND EXPENDITURE