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

2025 



## SWANSEA MINSTER 

## Registered Charity 1146299 

## FINANCIAL STATEMENTS 

## YEAR ENDED 31[ST] DECEMBER 2025 

## RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR 

|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<br>Transfers between Funds<br>Bank and oncall deposit balances at beginning of year<br>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 



|CASH FUNDS|Bank balances|203,716.49|
|---|---|---|
||Oncall deposit balances|77169.72|
||||
||||
|OTHER MONETARY<br>ASSETS|Debtors|0|
||Gift Aid receivable|0|
||Loans receivable|0|
||Other|0|
|||0|
|INVESTMENTS|Term deposits|0|
||Quoted investments|369,000.00|
||Investmentproperty|0|
||Other|0|
||||
|LIABILITIES|Creditors|0|
||Loanspayable|0|
||Other|0|
|||0|



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 

## **ANNUAL FINANCIAL RETURN FOR SWANSEA MINSTER - ST MARY’S CHURCH INCOME AND EXPENDITURE INCOMING RESOURCES/RECEIPTS** 

|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<br>||127,192.93||
|Church property|Maintenance of churches||57,879.49||
||Maintenance of other property||0||
||Exceptional expenditure||0||
|Grants and Financial|Support<br>Parish||20,946.17||
||Home/world||1,180.54||
|Other resources Expended<br>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<br>203716.49||77169.72|||
|Incumbent name Justin Davies<br>Treasurer name Helen Murray|||||
|SignatureJustin Davies||SignatureHelen Murray|||
|Date March 2026|||||





In connection with my examination, no matter has come to my attention: 

1. 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 

2. 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 



## INCOME 

|INCOME|||
|---|---|---|
||2025|2024|
|Loose collections|13,501|12,939|
|Standingorders|12,342|11,460|
|On linegiving|12,043|6,129|
|Donations|1,404|965|
|Votive|4,267|2,232|
|Tower|7,561|6,573|
|Café|14,248|12,306|
|Shop|4,717|3,635|
|Hire fees|5,030|6,077|
|Fees|1,330|1,808|
|Dividends|14,741|17,202|
|Grants|18,302|13,002|
|Parish mission|400|500|
|Socials|698|588|
|Organ recitals|2,256|2,075|
|Sundries|1,000|431|
|HMRC Gift Aid|18,845|0|
|EXPENDITURE|||
|Parish share|48,750|33,759|
|Clergyexpenses|4,542|4,746|
|Insurance|3,903|4,528|
|Gas|8,675|8,447|
|Electric|5,796|3,960|
|Water|366|267|
|Telephone/Broadband|751|986|
|Security|697|877|
|Altar requisites|1,462|704|
|Organist & Choir|13,071|13,591|
|Organ|420|1,298|
|Maintenance|13,260|4,271|
|Cleaning|558|278|





|Café|9,185|4,980|
|---|---|---|
|Shop|3,369|1,686|
|Parish mission|4,212|6,534|
|UK mission|1,181|1,841|
|Charges|345|310|
|Printing|4,363|3,984|
|Ofice expenses|1,024|1,182|
|Cost of fundraising|600|282|
|Professional fees|8,582|11,132|
|Sundries|123|1,578|