The Dean and Chapter of Llandaff Cathedral Registered Charity number 1159090
Annual Report and Financial Statements for the Year Ended 31 December 2022
The Dean and Chaptsr of Uandaff Cathodral Contsnts 14 11 lthwidontAllo18, Rept 12-14 15 16 17 Notes to the Fthondal stateMts 1&27
Th• D•an and Chapt•r of Uandaff Cathedral Rog18t•rnd Charlty 1159090 IKrRODUCnOM Tho CatWral Is thg BblK)p arKI the Mother Church of tha Dloew and al serves as tho Pwl8h CIK¥¢h th8 Parknh of Uandaff. Tho C8thodral l¥ l¢th In UarKIgff, Cardlff, CF5 2L Ihe Dwi ofKI Chafv of Llaxlaff Cathedr81 was reg16ter•J 88 8 Ihe Cknrty CorrwnlB8hx on 8th November 2014 and ha8 the cllarfty nunthr of 11590. Very Reverend RkaTd Peor6 (frryn 20 NOrnber 2022) The Venerablo Mlchad l<omor (7 June to 19 Novwnb8r 2022) Tho Very Reverend Gwwyn Capon (Lmtll 6 June 2022) Sub D•an and Prrt•nlar The Revwer#a Canon Mark ProeL Canon chanlIOr RevargNI con Jan Van dar Loly In the Stsll ol Falr•ll In the stall of 8t Andr•w In the stall of uangTh In the gtsll of Sl Dylrfg (D• Cerl Wealherall, Chalr(rfCh In th• •tall of Canon Tr•a•ur•r Cwi Rob L$ Canon Gerwd Ell98 KC Vèwablè fthhad Komor Chl•f Ex•¢ullve and Chapt•r Chrk Mr Rlchard Bawn FCA
Th• Dean and Chr of Llandaff cathrnI rod Charity 1190 THE LLAKIAFF CAThEDRAL COMMUNITY COLINCIL (LCCC) (pr•vlously Th• Pwo¢ldo1 CIMw¢h Councll of Uandaff May W21} Tho Clargy: Dean & Vlcar Sub Doan and Precentr The Rov•r•nd Canon Mark Prgece R881d?ndary. The Choncdlor The R8verond Car#)n Dr kn van der Loly Slan RL4Jgrts El•thd Lay PA•mb•r& JIathan Art Val EvarTrT¢11nn Ben Jenkk Nlck J0hrC John Kenyon Mlts l<lar Anne Lambert Ro MKdonald Tony Olav888n Hafin ¢knn Cllve Wddmn Cr WIINams
Tho Doan and Chapter of Uandaff Cath•dral 1star Cl• 110 277 Cobrfdge Road Ea81 ca6ff CF5 1WX Xolnlkn Audit LiThitwJ 36 Old Joyry EQ2R 8DD J(Ythan Payne ACA tlttd¢h Hud8( VasU StyJdb)$ 12-13 9 Bath Bulkllngs - Crofts Dae9 & Co Uanlshan CF14 4HS
The Dean and Chapt•T ol Llandaff Cathodrnl Rogl•tored Charlty 1159090 Th• Trust•o9 A1 Report for Ih y•w ondad 31 D•cOM 2022 Dean arml Chapter 88 a oftrustee818 rn8pMlblgfLY tho m1881on of th8 Churth In Wth6 t the Cath8dr81: pt(al. sodal arKI wnwkal. kA)ks attst PAve 8clknd arwj the oulcomes ofour work tn the we¥knJs ts¥81 nKXth. The teW also tslps us to ensure our ahns arvj remaln fSed on w statsd obJè(thes. We have refwr•Y to tho Charly CommI88k genwal gnCe pubk bfft. parkjlar the 8pedfic guldanca on t8rthg for advan(wrnrt crf reUglDn. Th18 ensures ltrot we ¢X)ntIrn our of encoury the bellefs. tsnets wwAkes of Chrf8tlanlty, bysaaktrwj n•wfolloww5 arwj byermrylng aThlfadlttaUng the waclk oftha Chrknllan Fallh by axlstkng fi10r8 or adhwenl& Enmuraglng ar#J fxllllalffj the wackn of th8 Clwhllan F81th by the Cathadrd k)cJd88 tha Thg provlskn •xl mBtrrten oflhe Cathedral CA Urdaff CoThKllng rngulor Chrlstlan worshl) In Ihe bjldlrvj and prryrnllng ex¢eUenc• of Iliwglcal practko and TAvf8Np Th8 (xleix8llon of the Hdy Eudrls( baptl8rrts. marrfages funerals Provkthw o wm bv8lo)ma WKI ensLKkng the Cathedral18 0 to the putAIc as plrySm8, p81#1¥p181 contsnykn, w•rydoythrothé Intonanc• of Chrfstlan bLlllaF pl Plonttng ts 8bJJy of Chrlstkn taathlng, ryacll and wlpbJro8 To encwrage 8upF nurturn Sts emplow and ensure thelr beIng, d8v8loplffj thetr 6kll and tslent8 to 8UPPOrt the alm ol the Cathedral.
Th• lJ•an and Chapl•r of Llandaff Cath•thl R•gl•ter•d Cha 1159W) Alm •nd purpos• In addltkn t4 th8 atrKNe, Chrilllan dwKlknal acts and outrexh work18 c•rl&4 (xrt Iaj1r#J. . ln need, loc41ty. thnaHy klternalkinally Vlsldr4J the 81d( Admini8terkng lh8 $MnI8 to th08e unabte to thnd regulw acts of Drthlp. arKI to Ihe slck and tyh¥J Fo ecumen11 Ilnk8 boi%%wn (lfferent Chrthn eInInatiOnS To facllttate th18 It Is hTVOrtant Ihat VIB mahttdn thè f8Mc of the Cath8(tral. 11 was a rol8ffor all that the effecls of ts pgrnlemic became less dffllxrtt dLrkng the sprfng. A full progranNno of $8Nkes was pc6slbte at Easter and 8ub8equenty. Cfofv18 grateful k ail IIKW membw8 of the Cathedral w+K) voluntowad to ke•F4ng tho Cathethal open, kn wel(y)mlNJ $tvwdlTrJ. Chaptw has wlaty racelved rthv8 ofwmb8rn of thg congregation Ytho hgve been affected by th8 P8ndwnk. and prayers have been sahj dawy kn the Cath8drnl for ttm. Chapter Nke tr• extend ow sln(rn (nd0CeS and 8>mwathy ftythosewho hav8 faL¥d Iln•88 rrflrni8tk)n 9180 abio to bo h81d. Tho Calhedral Is recogrd88d loclty a1 nalhThlty r Its NVFQrtfor Chrfstlan Ald. Before Iho pantsmlo £20.3rx) was rals•J In 2019,, kn 2022 ovw £10.0(M) wa8 ralsed desplb pandem resbl¢b¢Jns. and fixthor rn(tyery Is 8xpthJ In 2023. We are gratdul b Kate Bate8 who leads th18 lable In the gouth al81e of the Cathedral am081$e$ our commStrTPrttothlsrrt and10rIUppfiY0th9rch8r[tI0$. Collectlor8re lakon atAdvent Kl In Len( th8 Lent Lunches Talsod over £3.IyJO tr SOrt for mklthe thJrche5 In JY over tsjr days. we held the Uandaff Cathethal F8811val. the first fesuval to be held at Cathedral for many yéarn. 22 d the 27 events fr80 to allend. kn¢1lIng SO. The Famlly F(m Day, Induthy Ilve muslcln the CalhthT griwnds. ¢en,0 athltkns. a uaft f8lrand focKI. attr#8d over200 p. Trnere 300 entrkn from 11 Schooa¢rSS South altraGting now membors, and th8 Guld of Rkngé gave demcmstrallons. The Fosthl was (Yganl8ed ty 011404 Mowa w)d a ofc4)Ilws and vc4unteer8, to tKffiI Chapter Is very athl. We very mwh h)ok y¥vard to th8 Fesllv81 on M July 21r23. On the ngW8 of fv death ol Queon Ellzab8lh 11. the Cattrdre1 d08ed In pr8par8lk fur 8er4ke d relle¢tkn and ttrAnksgMng, attèndod by the and Queen Cons(rt broadcast
Th• Dun and Chapter of Uandaff Cath•dral R•gl81•r Charity 1159090 thve on the BBC. TNS was a mahx undertakkng It¥ the Cathedral, Uar1 and Cardlff, was Governm8nt 8rwJ Clth lffe. In N8 Sarnw the Ar¢hbisW pold tr#xrte In both Welsh and Engllsh to the l ¢knen's Ife of s, and offfjr•d prayw8 for Kkng Charl95 CamtlL9. 2W22 a year of grnat translllon tstho DeparknenL It vra6 t)nty at th8 be£Innh of February that bgck In thelr cldrstall8 8ft8r th8 pdern1& Fr(xn Septenknr, Ihe dull8s of tha boy aThJ glrf dKYbtws Te u911s8d. Th18 requirad Somo palen¢e 81 new reswBbllltl8s b8dd•d In. The fnl CtThAI Scknlors apwlnted. ft was also oxcepth)nally kny y8Br- recordtry ln June r818ase1gter In 23, t1 88rkn for Ihe Klng, S(w of Pra18e {CM8th181 rffjd Nw• Yw}. ts Ik¥t Ceth•dr81 Ctrdr Chrbtsr• con(xrt for a NnJ8r of y•w8. We arg gratèful lo tho Dwector of Musk. PJtsFth8n Nknore, the Asslstant DYerAor, Aaron SNIX. ¢ortster8 and Ihotr parents. Wterk8 and s(K)larB Jr 011 th91r V•Y)rK 8Th1 for exfplkxally hbh 8twtrSard lty0lt the year. Chaptw to 88tabll8h a Mu8lc Foundallcffj, 8ppcIW Uz AttrtOn to make tho epargkns for Its launch later In 2023. Llz hgs rrod8 great 8lrldes kn buldtng relalloThshl wmh lood 8th)ds, colloges aNI m1¢ F(wndallon6, wlth events kn tho Cathedral aThJ at schools I¥8381n9 In 202& We arn wateful to Uz for hor rd brfngkng tha Our Swthy SdKd leaders. ably Ged 8th8. contInl to wovlde •xcall8nt PS1On for our young p8Q We contlnued to Improve WKI dvrtop the Il%wtr88nlng of 8erth4s and Ot events, 8 (X)nnec1K mthlch arn Iwlng to In 2023. T1 chcellOr ¢(nUeS b wtyélde a frx the ChapknT Is Immen8éty gralBful to Chrls pr? and hts tsam of helpors ts 811 Ihetr work on thlg fronL Th8 IxJnpl&ed h16 last Ojlrrtwennlal eW kn 2021 and Chaptsr18 worklng thffjwJh the Id8nUned. AIttKwh the Cathedral Is In relaWI sOd conthtkn folluwkng the rabldIng of the Cathedral after the Sec(m W(NJ W, In•blY al elomont8 n•gd r kKh of tho fatth Work ¢arrbJ 4Xrt In 2022 addressed wwkne68es In the roof 0r the r•Jrlh ofth8 C8trth1. •xl kn the Ja8p8rTcmN8ror0 there has b8en water Ingr888 for ffnyyear& The S(KJoI has u81ng Ihe Pwish Hall thrfng tho h8k durr parKlom< and frt S•ptembor w• opened It f(Y U8e by (x)mmunlty groy on Monday4. We have also seen th? relum of ovonlw and kerKI bookings. In Prepara1k for thts. the Hal was re(1)r and Ihe healkng was replawl mfjklw tlw Hall much nYKe altra(th• for uws. The Cathe(tral Is typlcally a wann K4ac8 beLau88 of the underfioor hèallrvJ lrntslled In th& 195Os, buithe ga8 bolhrs aro wthl twrKI thBlr Lmful Itfe. TNswas unc(xnfort8bly Illustratod In oarty DOwnr v•lwi bollern falled corywl for Several da 2021 eparr wern made for Iho of a sy8tsm arKI contractiiYJ for Ihe n$s8ry
Th• D•an and Chr of Uandaff Cathethal R•gIor0d Charlty 1159090 8y¥kn. A fea3Sbllty St kmjked at the rr#xo Athln8ble opthns avdlatkn. FollThvlng th18 our hoatlrKJ ar8 a new tAch wlll tAI Implan8nted In ases: the rOacemeM of the ga8 Ixllerg 12023). and of alr 80urce heat pump8 kn a futyre yew. to f1ThJ. CIHpter hopes to make prrorw8 a new 8Jam starting in Ihe suwrner 2023, allho It18 lety that Ihe worf¢ wlll bo dependTrJ on tho deslgn of sy8tem. We are grateful totlKJse who hm continued. ar IndeeAI start•d. lo glv• rOg8rfY to the CaUWral. thOut thls SUPFrf A would avo been 80 mud) mrye Llfflallt lo contthue the Cath•Jrnf8 Thlnlsty. and on tho uso rf the Cathedral fty and other exlemal OTr. IndJIng spedal serkns. Colledk)ns uthJ ts plate reglartod at Eastw txrt have falled to rntyjm lo thelr PT pden lavds, as fa pe(¥h carry 8h. Donaucm onllne aThJ Ihrough our naw Ig TnHthlng have rlBen. Th• 01 pckn on unrustr1rt gwal fvnth for 222 was a 8urMw: Unr••trlctod Unre8trha•d Gen•ral Gra1 Funds Funds Total Income (619284) (464016) In 2022 ThP rgceknj tho final COVID granl from the Dkxse of £14,161 Chaptw put morAy aslde kn 2020 and 2021 for mtht0nan( of th8 Cathedral and other propety. kn %)22 Dean Chaww nlad and ajdrnsslw tho 88fety of In the PaTbh Hall. repl8cYu alt bulbs and as8(thtsd In PrBb8ndal H$0. rellghung th8 Slw. repalr8 lo the rDof and Ihe Jasper In the fAthedral. oxanknlng tho Trfpylth follrywlng fv p8ndemlc and a fewlblllty on replacThnl of th8 Cath•knl der g>)nomlc aThJ Imoperty envlronmrt any result galns and los oulgkle of the Chapws c(thl. Any such galns and l¢wes V4wld only b8 r8811ged If the Charity xqd c the Invesknent WOFertlos. Ovew 2022 th8 Chty r0rdad a pln Orb revaluatkffl on unre611k furKI8 to £505.71012021: £4392101 On restrlcW ftThls the Caltthl roollBed a d8lldt beforn galns and Ios688 on 1rNestM c( £17,765 (2021: d•nclt c1£22.709
Tho Dun and Chapter of Uandaff Cath•(tral R•gl8tsred Charlty 1159090 Full dlls of thg assets arKI IlablllU88 of I CÉthedrd ([ned In Ihe Balance ShBeL Total unrestrkled 981 rrfed for•Rrd at th8 swr4rKI lOLted to £7,316.$97 <2021: £6,803.699). Total funts amounbj to £7,841076 (2021: £7.181A731 The Cath8dr818fKI Parfsh of UaThlaff18 Pwt of the DIoc080 of Uandaff %4thln the Churth In Wale& Th& Churth In Wales18 a Pn)vln(% wNhln thg Angllcan CommwoTr and, as 8uth, exts io a01n thè Chrf8dan Rellgh)n through r1d4108 MIn. The itycllve of the Chapter Is to ensure that th91118 and of the Cathedral halps to fulfil that mSsslcn. both eally more wllely. bj en8blkvJ a8 many people 88 F#x8lbie to rrtilp, v161t arKI be the Ilfe of the Chadrnl. FolloKts4ng the reslgnatlon of tho f(¥mer Dean on 6 June 2022. the Blsfrw June appthtad tho venerab Mke lQJThJr as Acaing vthlle a recrLllment pro(xs8 was underway. The Very Reverond Rlchard wa8 i110d Dean cm 21 Nov8mbw 2022. Dean and Chaptsr Is grateftd to can< Gward Ella6 KC for hls thalmwn of thtrter YO kn th& rfm, through th8 parKkn Bislw June retked at ts end of 2022. and wg were able to 8ay her kn a 8er¥e In NentsT. We wlsh hor all the besl r r8Or8m The Cland the LCCCarè r)t LKJdle8 (xryrt&, Prolure and regLlated by th8 Cornlltutton of the Chur¢h In Walos as amended fmm tlme to tAm• by ils Govemkng Body 8et UP WKlor Section 13(1) of thè Walsh Churthe8 Acl 1914 and thè C(4)sltiAion of th• Cathedral adopted on 19 Jung 2019. of tho Ch apKKrted by the B16h El&ah)n$ to the LCCC are held at an Annual V88ty M88tlrvJ. pernon8 wh(A8 n8rn08 arn entered on the EIrnI Roll are enlltled to vote and sland krekClh. Belore awmlffj oflke, every member of the Cnl wbl rrAk•8 a d8daratkm that he or rfll be bouThl by the Con8UtrMlon. Chopter has tharged crKI1 to 8UPWrt th8 th of Chapter and T1 up thg IKO of Ih Cathedr The Calhodral 88Nkx8nd wornhlp wt falth Into pradlce trwh prayer and 8ry1pture. mu81c and sattamL The Rwesentatlvè Body of the Church In Wales hokls the land ar property of the Church In Woles Ir1Ing Uandaff CoOMlral WKI other chuTr budding8, InckKliNJ ts ¢hwchyard. an exempt Charly ond was 8el up under Sedlon 13(2) of thè W•18h Churth8 Act 1914. It behalf of the Provln(x kn payhg the stlpwth of th8 fulktIn dergy arKI admlnlstsrs the Church W9198 8chern of cthien8nted arKI glft aldod glvhvJ r8wMlng tsx on beholf ol the parhhes. Th $01orles of Cathedral anpIoyees are pakl by the Dean WKI Chapt•r. AH Merrt ofts cadra1 Cl•raro Trustees ofth8 Chartly. The ChWr18 responslble tor all8 fw the MISSI of Cathathd. tha paro(thl budget aNI all expdIbjro
The Dean and Chapt•r of Llandaff Cath•drnl R•glst•r•d Charlty I1090 tvwler, the care rnalntwA of Iho churchyard arKI the other wop8rt108 Th¥ned by Cathedral. and kn 8cUon on other malter reffftd to It In 8r£ordarKa wllh th8 LCCC kn ch>8on from tho Congrngakn, Its members belrvJelecled annudtyatthe Easter Vesty meelkng. by m8mbw8 of the Cathodrnl on the Roll. Th• Pw)ple'$ chuTCtrWar {ele(ed by MberS 81 the anrR Er Vestry) and the Vlrarfs Churcknrden (wolnted by the Incumberrt) are ex offldo ffEmb8rs of the LCCC. th an d•rgy lIcl•j to the parish of UarKlaff. The LCCC Is tho norrrnl chonnol cl czrfnnxmhxlk be1n parish11Th Ihe Chrytsr and the Blslyx) of the Dthese. Al rthy member8 are prtr4kled wrfth a Summary of th r#1blI1OS, 8ddllk)nal tsalnlng18 avalable Ir reqUIr1. Chapter and LCCC In1 to (X)nlIn logeth¢r d(dy, to hmpytrm the Cathedral'$ In ¢2rylng out Its $hHrpd obJeGUvts. ongp rfth& The Fbwice Commllte¢ io mado upofm•frlm of(Xand other 8ultable skllls arKI meets to morkn Ihe11nandal p(th and to kl8nty arKI aBSg88 rlths. A k rn9lster18 malntalned, regularfy aThJ updated ar1¥ submw for wrlder8kn at meau. Folltr•aTrJ th pandon, the Comlttee reknd the apwoac to rlsk and Is trtolng ¢M a rovl8ed reglstw and T8rtI. All rna rlsks have been kl•ntlfiad and • tsken to allovlate ts8e as far a818 FKA8lble. Thg mr rfsk Is the pIble Thbilty to malntsln a sunident b8vo1 ofvoluntarygtvkng arKI fundralslty to enabl8 the Cathethal to conllnu? to med Its 8nd purpose. Thls Is b8kng ktres8od ty effort8 to hKraa th& regubr glvlng by Mx¥hWrs at th• Cathedrnl. Chaptw apwovad an ylated Saf•JLwdkng Policy In 2020. presantod ty K Baleo Cathethal 8afwrdng Ofllcar. Canon Cwl Weatlwall is Tnot¢•. The fabric oflhe C8thedral18 mon5torad ty tho Cathth Archlkn The lknarKes av• contrdted by th8 prepgrallon of en annual dget thè monttorfry of kKom8 and ex119 8galn8t thb blt In aecaJrt¥ we Subnllted to eonp cfh Fknan Commlttee and Chapter. ' Staff aro •ppolntsd ty Dosn Chaptw to roles wlttkn th8 Cath•&al and Parlsh. The TNstees 8r8 grateful lo th8 St8ff for thek to tho effkawlt rng of tr Cothedral. In addltlon kn Ihe emF4>yees. the Catlthl rdles on the 8knNlcant ¢(Ytrlbullon of a large undtskon kn Ihe Cathedral rJuld be gre8ty nInl1 arknl the Tru8tg98 Ike to thank
Th• D•an and Chaptér of Lknd•ff Cathodrnl Regl•tsr•d Charity 1159090 ovyong (x)nMtth& In anyway. l¥go In h8lpiw the Cathedral to fuN Its mlssh)n. Sknce Ihè naw was bru4ht hto effec In June 2019. Chapt•r has •staNlthd th• folltrwlng 11t8. Fmancg Fabrfc ty Chaptsr. A st r#iw svwp has dealt wltri Issu66 as Ihey have 8r16en. Tho [n and Chr habw ¥8tabl8hod o pollw knby th• nel currffit ( unre•trlcbJ shcKthI b8 rela1rd at a level of beln 6 months and one yoar of costs of Wcant redttOnS In slKXt4ern Tho Charlty Is curmty operntlng wllNn th089 parameters. The Repre? 8rKlyofthe In Wale8 handl8 ftxMt oftho inOnts. In addlllon. fvnds arn al80 Invested wllh sp8dallst tru deBkned forthe seclcf. Chapter regularty noI0r8 thg leveiB of the bank balan 8nd the Interest rat88 recelved to Ihat thè Cathethal obtsln8 the maxknwm vu0 aNI Incon from Its banklng arrqwgnw)ts. Th8sa can onty be used for thè purpoae8 fN whlch the fvnd8 were g1¥ C8lhthl ha• sover81 such funds, d8ldlB ofthlth are set out In note 11 of ts aKM The TNsteeB can d88lgn8te 8on of Ihe unrestrf(thl fthyls f(Y a Part1lar w. The88 fwKls rnwAln partof the unr08tr11thl furKts. Cathedral has cffiede%gnad fund. f(¥ FxSc Id Pror. detslls clwhlth are set out In note 11 of lh8 aLXAmrt& Thls fw#J Is the b8lanc8 the pro(eds from salo d the MerTKYial Hall, arKt h ulod lo ld a Tange of Teklng to the Cathgdral and Is proylle8. Fuiur• pk Chapter Is dev&4)r¥ a gtratsgy whlch wlll alhyAt Sp18nt davelofv tr the Catr Kl tsamlI188. in (Ydef b8tt8rtofumi N8 rn1651on as th8 Calhedrnl kn the tal ctyof Wal0¥. In WjdlU to thls, tr*r8 on good gtyMnarKe. and on eThSerKy of dgy-tr (ky operallcm wth tho alm OltIlrO11hB costs Improvb¥J InCA so th? Cathe(Iral Is a aourld InonGlal foothy.
Th• Doan and Chapter of Uandaff Cathedral Reglsler•d Charlty 1159090 The Dean and Chopter of th8 Calhra1 Parish cl Uandaff are respbla for preparlng the T180# Report and the fknandal statèments In a(rOTnce vAth aFvllcable law and tha UnStad Ktng(bm knwntlng Starths Iunlted Kkydom Generally AciXptI A(untIng Pralce Trustees are requlrgj by tho law appllcable to dwrfUe8 In Eryl•KI arxl Wales to wepgre siatementsforexh findl yearth gfvo a true and falrviewoftho dwws slats of affak8 and Its omIng relrCeS and applkali()n of ro8ouTh for tw perlod. In pr•parfng IIKM fjn•n(aal statnts. ts trte96 are Teqthd tsx 8gled 8Uttth accountky pofkaes arKI appty them c4)n81Jtenty. ob3eM Ihg nKKkn and prwKWe8 kn cawikn SORP 2019 (FRS 102); . make ILKtrJTrts and osUmate8 that arn re88on8blg arKI pn •tato whether aFylic)lo accounury Standards have been fdlowl. k> ony matérlal (tytsyes dlsc108ed expknlned In Ihe Ilnandal 8tatements: and prepare the firg1 on o golry 1Xmrn l)8Si8 unl•ss R is inapFroprlat• to esum8 t1 the Charfty wlll cOrnUe kn op8raUon. Teaxxb1e acurw Ihe knrthl nicl of th8 (wSty a1 enable them to erwure th8 fmar(aal statements comFly wllh the Charflles Act 2011. the Charlty <A¢Un and R) Ralk)n8 2(M)8 and trkg of the trt deed. TW have general responslbfvty for 1okk¥J sh steps as am open to them to uard lh8 aets crf Ihe dwity In so far al It Trust oro ware: ther• h no relevantaJII krfonth Of1¢h tho Cathedrd aLth are unaware. and . the Trte85 ta all slep8 whkth tlw ¢xuht to have tsken kn m• trM8Q awar• of aKIft Infomwuon and to e8taty16h Ihat thB audStoTr are aY*ara of that Slgned ty order of ts Trwtees on 4 JY 2073 urnr and Tru81•0 li
Th• Dmn and Chapter of Uandaff Cathedral Ragkntergd Cha KIendant Authirn. Roport for th• y•ar •nthd 31 D•¢•nb•r 2022 to th• Truolw• of irf We have the llTrandd stat8m8nts of The Oean and of Uandaff Cathedral lor Ihe ended 31 Decwbor 2022 Wtr wnwrlso Iho Slatenwt d Flngndal A(aivlUes, the BalwKe Sh88( the Cash Flcw Slatemant and nots8 to th8 Iln8ndal stÉt8m8nts. Irthlr accounUThJ polld8s. The financlal frameth that has been applled in thew FTrparalkJn is applkable and Unmed KId0M AIXWrng Slandards. hKludlng FlnarKaal Rep(Kdng Standard 102 The Anancw Rwdng Stsndard applleable In Ihe UK and Rowbllc of keland. (u Gernrnlty Pra4). In ow oplnlon the statemen. ' gfve a In and falr vknv of the stste of the iarltys 8ffalr6 as at 31 0mber 2022, WKI of Its IncomlThJ resource8 and appllcakn of resou, forthe year ond•d: . tAve be8n pfDperly prepnd kb rd1X w#h Unltad Kkngdcm Genorally Accapt•d • have b8en prepwed in awXd¢e ith the raWtnents oftho Charfues 2011. We o)nduded our audk kn a(x>)rdan¢e vAth Intnthl StWKlards (UK) (I {UK)) and appIlble law. resw)nsknllUes unts th08e standards are ftrther (sulb8d In the Audltorfs restKin&blMles for thè au(It of the lknandal 81ema soction of our rewt W• Ind8perMlent ofthe cwlty In accordwK the ethkal requlremenls that are relevant to cwr audlt of thè finandal 8lalemenls In tho UK Indudku Iho FRUS Ethlcal Standard. WKI trove fullllled our olher elhtcal rnsponslJillls In aKdani wlth theae requlrnmonts. We that the at evklen wo ha¥8 obtalnl18 8uffld•nt arKI approprlato pro¥kn a b8s for our oplrkn. C10n• rolatlng to golng conc•rn In •thng ts finwwjal ateM we o)ncluthl that tr18•9, us• ofthe gokng ba8lB of In the preFwakn of the 6tatemen181s approprfate. Bo8gd w the work have performed. we hm Th)t Idenufied ary ThAtertal LwKortalnleB rnE to •v8nts wcon(ItKmS that, kndvkknlly or e¢U¥%1y, May ¢a8t slwllkxnt dcArtrt on Ihe cwW$ abllwy to contknua as a concem of at knst months frrjn whon the flnandal Slaten are 0uttKxknI forlssue. IJT f•woTw1bm and IJ* rfjspon8lb11th6 oftro Inthes th respoca to gpng corwm ar• The otrKr Infonrn conytsa8 the Infam( Inthdad In the truthe8 rnl rewre, olher then Ihe finarKlal 8tstenxnts and our audW8 r•port th8. The tru8tee8 arn respjxlblo for olh8r Informat1 o)ntalned wlthEn the anNal rop0. Our oplnlon on tt finaal stat8m8nts dr vK)t ver the other Infonnatkjn aThl. exwt to tho exlent othen
The Dean and Chapter of Uandaff Calh•dral Ro918t•r•d Charity 1159090 (>Jr resportsWJllty Is to read the other knformauon and. In ddng so. consld•r knother11 other Inforrmlion Is mat•rlaUy incon8lsknt w6th th8 flnanclal statem8rts orour know obtatrd In th8 ry)LW¥g of or oth8NA60 appears to be maieri81ty mtsststed. IfTA• Idenffji such materlal inc51enes or apparent ntsrfal ml88toteThnts, are r84wkod to detemilre whothw thi¥ swves ri88 to a materlal nkntatem8nt in fina statsThnts thems¢lveg. If, based an the work we perft)rnd. a)ndje that there Is a materfal We nothhy k+ rewt In th18 reg&d. IA•tt•rn on ar• r•wlr•d to rnport by •x¢•rtlon We have ngtr4ng kn report kn re8P8ci of tho folIty ry4tter8 In relatkn tohl Ihe Charllles (Aciyxrts Raport8} RwJulon8 2ffj8 requlre us to re to 5ou11. OFlnh)n: . chwlty has not kept adequé aeix)unllro rgcords: or • the flnwKlal 8tstamorA8 afe Mt In agramnt wth tr accourj re&)rd8: or . have not rncthed all the InfomiatTh and explanallon8 we roqutre for ow wdlL R••poMlblllll•• of tru•t•g• A8 exFlalned Thre fully In thé trustÉÉs' ponSIbIlI9 slatwnent Set lxrt M page 11. the trle8& are respo19 for tho preparalion of flnanci81 staternents gfve a and falr vltrw, arKI for swh Irrtemal control as the Iru8tees determlne 18 n8Cessary to enabl8 Ihe frwd w wror. the flnarKlal slatements. th8 trustees arn r•9pon81ble for 8ss8sslTrJ the ¢harVs aimlty to contlnu• as a golTrJ concem. dlscloslng. as appilbkn. mattern related to gol concern and uskng th8 golng 1Cern ba815 of 8(x>)untlro unle88 the trustegs elttw k8nd to Ikuldakn tho or to case owatrm, tt hav• no rog11th oltemthè trArtto do so. We have b88n apwAnted 88 8J[ts der 8ecllon 144 oflhe CfArlUes fvA2011 and rewxt In authan(t wllh [egLatIOnS m8d8 dra8(Alon 154 of that A OLr obJeckn are to obtsln rusonabl• assance about Ihe fmndal 8ts1emen18 88 a thole are free frcrfn materfal Mls8temt. wPftther due to fra1 error, to t&gu• aJItO8 rnwtthat Indwjes our op1n1. Roanable a86w8n h a hlgh level of assuranc•. but Is not a warathe Ihat an awjlt COrKlued In ac£Ordan vAth ISA8 (UK) wlli aknys dt materlal mlsstatement vth•n exlsts. MSsStatements Ixn arlse frorn fraj or effor and are consklor8d matsrial rf. ij[WIdU9Ity or in the aggrffjate. th•y CAd reasonabty bg expKted to Infiuen(% the ecortr)mlc ded$k$ of users tsk cK> th8 bas18 ofth8s0 1Tr)8rKlal staterts. Irrngularllie¥. includlry fraud, are Inskncw of rmwcfjmpllm Mrfth laws aDd regutalityi$. We deslgn prcMdurns In wfth our re8ponsllAlttios. outlned abovè. kn •Xct meterfal mls6lat*nants In rw•ct of Irregularllles, k¢ludlng frawj. The SFwYlc pro(%durn8 for th16 engagBm8nt and the 8Xtent to th08e are capable of dotodkv IrregLAar11185. Indudkng fraud16 detolled bokw.
Th• Doan and Chapt•r of Llandaff Cathedrnl Re Isl¢r•d Charlty 1159090 trot sJms kn ar. tho st8rd of record koapirwj. and an assessment of tho Irffluent% a1 role of Ihe stakeholdérs Involved. tsiAe transaclh)n wa8 made the FIBk arna8 of th8 rTh¥s1 stateents •xplaiakn as rewhed durkng the ¢OLm cl the audit and ffjntenlkn arnas Beeause of Inhererrt Ilmltatkms of an aud¢ thore a rlsk that we detect al irregularftles, Inc4LKllrKJ th068 leodlTrJ lo a materfal MISSts In the 8t8tsm or n(TrmlIanCe wlth regulalk)rn TN8 rknk Incrwes the more that ¢>)mpllance Th4th a Iwi OT regulallon18 frNn tho events and trensaclkrt ro11d in the finarxaal 8tatarnts. as wo wlll bo186s Ilkoty to b0¢¥) aware of hi8tarKw of norpIlence. The rf8k Is a160 gr8ater regardlng Irregularldes occurrfrg du• to fraud rather than error. a8 fraud A fiJthw do8eApkn d our respon8lbMltlas for tho auth of lh8 flfian(% 81atemeI3 kx¥tgd on ts FInaral Repn9 cOd1'S webslto at., ¥wYW.froory.uWajltMsbIIIII Thls d6xriptson fomTh port of w aLkJI$ reporL ol liur r•port Thls report Is rKAd8 s(A8ty to the (arW8 trta•s, 88 a body, in a¢dAnc• wlth Part4 crflh Clwrlie5 (AccoLmts and RoFyls) R£gulallons 2t#)8. a%11 w(Jrk has b80n undertkn 80 thal we mEghl 8tate to ¢harWs trustees those matter8 wo are requtred to state to tlffjm 8uditorf8 report and other wrp080. To th8 fulleBt exlert PeIlled by law. wg do nc acfpt or owme roop¢8)bIlY to awono ¢Jther than IhB tharlty and t1 trStee5 a5 a boty. for (xr 8(Klli for th16 rnptyl. cxforthe (On8 fAv8 fornd. 4K 2) X•lMdln Audlt Llmltsd Floor BKk•t HM• 36 Old J•wry London EC2R 8DD
Dean and Chaptw of Uandaff Cathedrnl Regkntsrod Charf 1159090 8latornoM of Flnancl•l A¢lMUM for th• yw •nd•d 31 Doc•m2(r2 On¢ludlng Kom• and Exp•noltswo Axcount) Fur X6,912 IOB78 103A27 103277 7&12 iow e8m4 197MI 197.395 11Jl0 T.742 7143•4 $42M T22 1W 285 2.132 14.712 101 111.1701 117,n61 11 .710 10171• (8A701 1Y,148 511055 111.170) (232351 17247) 078 125 11 11M 11
Th• D•an and Chapter of Uandaff Cathodral 18tsr•d Cha Balanc• Shoot M at 31 Denbr2D22 1X),W8 1A3&825 45744 4M744 4CII,034 13A84 131 04A73 WY,78• 5214.778 45e6.744 6931 131m2 1.331 4375 141124 Cwh atknK kn l•xl: 47.027 47 177 177 671 11 19 171 17 (67.7441 128 11 11 11 7,31W 114824 12&894 Iri1.1 11 11 11384 Oth fvnd• 79J35 7 181473 Approved by Dèan and Ch*r on 4 July 2023 and signed (m As behaw ty urnr and TriMt••
Th• D•an and Chapter of Llandaff ¢attdra1 Regl8lw•d Ch 1159090 Stat•fft of Cash Flaws for th• thd•d 31 2022 12 074 r20.7141 rfprn•ftk 1•3 47 (5212) Tfthlwh •nd u•h•ryl¥•l* •tth••TrJ th•y SS1 17
The Dean and Chaptor of Ll0nqff Cath•dr•l Regl•tK•d Ch 1159090 Not to the Flnanclal 8tat•m• l. Accountlng 11¢10$ The acLounts (fbbandal 8tatemonts) boen pmpated urKler the hl8tcfll COBI t))nveth lth recopntsed at (x)st or trarwlkn value unles$ 0thgThth Btstsd In th8 rglevart noteB to these accoun The fiwKa81 stateMts ha4 bo wyred In acl¥xda wllh th8 Staterngnt of PMGU(¥: Ac(xwnthy arnl by Charllks preparlrKJ th acc¥)unts In 8(yrdan(x wlth the Flnandal Reporling StaThJwd awlcable In the UK and Rewblbc of Ireland (FRS11f2) (effethe 1 July 2019). the Fln@ncial Slandwd appM¥blo kn th• UK Rap1¢ of IrelaThl (FRS 102) and CIKqrbllos Act 2011. Dn artd Ch8Pttrof Uandaff c1)nsU6 a pUC b8neffil aty as d8fiMd by FRS 102. defldi of£109,(. Th& key assumpti were that vIng MJukJ be as In 2022 at anned19Y8Is of aff co#. on a serl88 of plable Ixrt pe86lnlth agsumpkn& glvlrKJ not rKvvgrfr¥J hlghw udllty and other o)sts alttwh Chaptsr 15 nfidfjnt that the Cthedral surpa88 of aBsumptkm mado. On thi• ba818. cash fall tr) o wlrbt belwwi 3 and 6 mDnth8 of turrwr. o lovel outskkn tho ra8erv88 lyJl 11 In ex(88 (rfwhat Is Nulred to contknue to opwatè. Thg orty 81gnmcant renlnkng rfgk18 that gMrvJ f8118 8ub81antlaly. W9 ¢(X)tlnu8 tr> gratafijl lo all thctse wtK> fA)mmlt to regulw gmng, and altrttwgh there was a fall In oltr gl4ty beU$e of the Lqdt of s8N1c, rew1 gi¥wwJ li l•rgoty unoffxt• •rKI hm to •Y4Jgd ilto fall sljfftantly fiJrther. On thi$ b8818 th? trustsw condled that Ihere are no plal>le rfsks wllch rendor th• Cathethal unable lo Trnue to operate ts at least the noxt 12 month8 and thereth prepared tha In prewlry the awjunts. the Doan grKI ChaFtsr cortsklered wtr there are any wea8 of e8tfmaUon ertaInty. In thls wocesg thoy hwe made eslknates of the leryth ol Ille cltsngb fixad a88•t8. log8ther*th tho value of invostM pyopeths is based Irndant val110n.
Th• Dean and Chapter rrf Llandall Cathedral R•gl8tor•d Charlty 1159090 Unre5trktsd trKome funds comw those thtch the and Chr we free to use tor any wrpose In fvrtherance of the of Ihe charftable ¢JbJects. Unre8trked ftmd8 Include Furtlw det819 of aath furrfj ore d8d08ed kn nots 11. All Iame 18 oncotho Chwtty has en111ant to tr IrKaTh, It18 prob8blo thol Iho Irrtune 11 be recefved. the aftMnt of Incrn T8¥th can bo mOared rnltably. DOnaU[K reL¥)gnlsed bthen Ihe Charty has bw) ru)tI In wrAlTrJ of Ix)th thè amount ar Bettldate. In 8V0ntthat a th)nallon16 8ubJe(to condlllcfis thaire¢ye a18val ofpwfmn bef<Ke Ihe Chwlty Is entw to ts fuNIB. the Ion [6 defBrred and rw)t rB(wised (7 eltrw rKllllcm are ful met. or Ihe fuHllrnent of trrfjse ccth18 wPdly wlthln the contrd of the Charty 8fKI It Is probgble Ihal Ihos• c4)rnMon8 be fiffllwj In the rep1j perf(xl. Legacy are r8(wnl8ed on 8 CabY488e ba818 folcmilng the granlw of wob818 when tha admlnlstratorlexeculor for the eslats has eA)rr#nunfeated in wthg b(th Ihe amourt and selUamènt Interest on funds held on deposlt18 kndUd kn relxlvable arnl the amourt can be mBasurnd by thg thrty. th1&18 nrnlly upon nrthcalh)n ofthe lthe8t or payable by the bart. uabO8 fAe rwn1a 48 •xpOfKIrO 88 Soon as ther8 Is a or ¢(#th¢y obllga IlM[lIvj Charlty to that exp. tt Is probable that Th411 be requkod aNI the nt of the oblwtton can bo rroawred reNabty. All expendlure Is accountad Lbr on an a¢ixuals ba All expeneos Iaurj govemanco (x*ts aIkKed or apporuoned to the applleablè eXpth 19
The D and Chapt•r ¢)f Llandaff Cath•drnl Reglstered Charlty 1159090 All assets c(kryllThJ more Ihan £5.(KIO (¥4Wloed and valued at Plorfcal t>epredallon Is L4wrygd a 8traltht4k)g basb 88 foltr4A: AudIvISu81 equlwmnt Chllce Eqtiwient Room Plano 20 yoars PLano 100 srars Th8 Cathedral holds artwork arKI Cl3 thatare hekl arKI malntslned forth•lro)ntrlbub¢n to kncwAodge and cultswe. Therye 8g90ts are regardéd as h•rtt8ga 88ryets and r8cordod al ccffji thore Informthn thotr cost 18 available. If tNs InfomnIS r•)t avallablg and ts vxt pf provhjlng stth Infonn •knilficanlly OLthWs any benefft to the u8er8 d the fflnarthl stalom•nts lh a880ts are not reujgnlsed In Iho bance sh Investment prwrU88 are InlUaNy recsSed at cost and subsequently m&88ured at fatr value ag at the balance sPet date. Prosxrtles %Mlh a(lJve market are profosskaIY r8v8lued annually. Tho fatr valuo is kndependenly valuod based on market valug of propertkn or th8 math•t value of Mlal InL¥)me as relav8rt to e&h INlvfdual PTWY. The Cathedral owns Ihe slte of the Sthjol. th8 plafvu Ildd8 WKI 8une bldIng8. 1118 on I lease to ts SclKx)l under an agreernent Itrwh ¥thlth the sch(xJl edu tho chor4 provkllrtrJ 8ch(Aar8tr4p8. TFro b no aclfve maTknt fLY1ho proth beca f( is In a ry)nseNatkn aToa ar Its u80 Is Cryrfenan for WTw>seJ c(wnant the Church In Wale& The rent Is reasses8ed evoryfj% years, rrKl recenlly In 2019. preVk praclce to apFolnt IrKlependent valLm for Ih reo8sesThnC It It w agreed In 2019 the oSWOted CN¢ was diBpr(yortknate k> It Iirds aweed atthat poknt to Incr8a68 tho rnnt ty RPI. A8 a r88uIt of th1& dkn. and dhprortlonata cost of speclallst Valuatk adv1. Chapler dedded to allw the vaSuath)n ba to the basls for ront a8885smenL and th8 wopwty value Is rKW indexed ty RPI. The $1008 ore sa05W tst thfs prv41de8 approprfots b¥ for valulTrJ the asset. Tha 8uWu8 on r•valth18 refie(Xed In lotsl lestr1thd fvnd8 85 recogn188d galns kn the pwhxl. No dewKlatlon Is provkhj In respect of lnvosthnt properuab. Thé Tmtéés ¢onsfd•r that thè arn held for IrNa6 arml to depredate thwn Wk1 not gfvo a tr? and falr vlew. InlMentS are a fomi of ba•tc finanrjal IMtyurrMt and Inltlaly reow18•d Atth•tr tr¥actk¥n valua d sub80qugntty moa6ured at th fdtr value as at the balan Shoot dat8, The statorrnnt of Ilnandal acllvltles Includes the net gaIr and108888 arl8lng (x) revafuallon and dlsptsals throughout the year. Al galns and Ios8e8 arn tsken to 81818w*nt of Fknandal Ac¥vltl88 as tw arfw. Reallsed galns and kxses on Inve8knwts are lCulated as the d1fferen beiYAen sales pmceeds ar#J I[r opwrfr C4Trylng value or tholr purtha8e value Ir wulred subseqwit to th8 fjr8t day of the finarKaal yew. galn6 aTrJ kmes ara (zlculated 88 Ihe dlfferenrn bthwn va8 al the yearend the
Tho Dean and Chaptor ol Ltsndaff Cath•drnl Registered Ch• ng val. Reali80d unr8aWBed InSent and kw89 are comblned In tho Slatsm8nt The Ch8rfty delkx ca8h a8 Iho80 heha 88 at a rery)gn18ed lknlal In8Otulknn ot the Fwd a88et Inv8strm8nts aThl Lwh rfjpre8entl lfrkgrKlal InstrwMnt6 held ty the Charfty atlhe yew end and arn acoxmlgd as detaled eepw8tety abow. EnW¢we¢s of the are enluod to a group pn01 9810n 8ch8me. The nw plan18 manapj by The PeorAe'8 P8n81on and tho plan Invests thè CltrIbUll0 mado by the omploye8 and enwloyer In an InVeStmt fund 8mpb>pe to tIk1 up ovor tho term of the Tho D•aft arKI Chapknr has no IlabHIty boy1 m8klng Its (x)rtrMons and payky across the dgduclKin6 for the •mploya8'8 Stoths of wwld Blw are IK4udod at th8 of ojgt or net reallsabl8 valu Renta18 pald urKleroperallw ar• chwgod to prrltt or on 8 8tr8bJtrt4kn8 bABkn ovgr the pertod (rfth81088•. to Prre ts slatsmont irf acC¥)ts in accordm Kryth th8 Charfaes SORP. Ythlch requtres tr0• to dsclo4e (xrtaln InfOrnlI0n atrt tho Tenyjneratlon and 01Pr banellts recelved by trusteos. The Charttkn SORP 8tatès trot all transactlon8 wllh a tru8tee be regartsy as nxterW of A8 to remuneratth. none ofthe rece1 any renxmerallon from the tharfty In 2(r22. Tho Dean and Cancms R06fvJentiwy aro offico r0rnWrth by the Churrkn In W6. The Church In Wales tho rules undw whlch dergy can clalm for oxp8naes of ttr offlce. ID 2022 the cb8rgy dakned £5,201 (2021: £5217) kn ullllty c(ts vA)tth thoy arè spedfically a118d to wjer Ihe ChLYth kn Wai88 rules In r•specX dthalr ollk%, 8nd relmburGed £1.172 {2021: £W) for pment and consunwblo8 used In tho Ch0(traI W. frft budgots approved by Ch8ptr. 21
Dean and Chapter of Ll•ndaff Cathedral Ragl8l•red Charity 1159090 FurK TDtsI (r•ra a416 17.074 120 26,451 3,087 19A74 1&145 37. T•[ 3S011 51N5 216 1611 n1 12 31 31 10378 10 10 12 12 I.91 1,15S 1,165 103.427 aTrJ ldThj.. 22W 146 1016 •1MI 2S.1411 145 120 I11 7204 Tr 100 11 16 1•7 197 17.748 Ptsh Hal 21716 23.192 71 Trthl hMm• 1.818 719 22
Th• Dean and Chapt•r of Llandaff Cath•dral R Istered Charfty 110 Fwd• Fd) Tatsl InAsJ 187,432 192JU 114A80 $7,515 21m 130083 STJ16 61. ,508 66.103 1415 1,016 47243 11.T11 11.722 9,771 1,7 29.601 21.180 21.180 10 171 18 12 X164 14285 29MS 13.610 16 12 1712 514 1189 Eyw#lMurn gI(p.. 85 Th? rA•J ofB•n Rlry•rn Th• of8tow•rds 619 16 cFrfty donakn kndude £3.812 colle(knl at Lt Lunc*. Membgrn of the Cathodr81 ConNNnNy organlsè publldty and tS)or to door colections In Chrbtlan Akl Week. Ihg proce8ds of whlch we reffdttad dr•caly to Chrlstlan Ald arKI do not aFpe8r In Ilwe a(wunts. There Is a fojd colledkn [nt In the Calh&lral for Iho Cardlff Food Bank. 23
an and Chapl•r of Uandaff Cath•drnl Rog1s1•r Charlty 1159090 Stsff Costs (kn salarf88 Soci•l 88(xrity ceAts 169,284 9,158 114.580 Avw number of empbyeel audlt arnl aLrountanry18 £5W (2021: PA.980) In Teq)8ct of audtt108s. Fets p4d to tho awJtor6 for cther 8erYl¢os r• £1.558 (2021: £1.624). T•wlbl• lIx a•• Plano song Au1•1 •qulpm•nt EqPMan1 Totsl Plano At 1 January 2022 AfklitiOnB 1,5842(kS 33.0(Kl 14.394 11.938 1.869.374 At 31 Dec 2022 1584 33 Iyxi 14.394 11936 1669374 LWecl•tlon At 1 January 2022 Charge for the y 178,141 26,400 3,899 15M42 1,850 19,628 11.480 l A81 229.649 2.984 At 31 De(wknr 2Q2 At 31 D•¢8mber 2022 At 1 January 2022 71 1 10455 1439 825 1386064 8 10495 26 11 24
Th• Dean and ChaFA•r of Llandffl Cathedral 1159090 IThv•s1 Other Total Valuadon Al 1 January 2022 Dlsposal8 Surplus on revalua 5,081,034 153,742 5214.776 {37.497) (37,497) 14,780 520,490 505.710 At 31 D•cwnb•r 2022 744 131 Tha r6sJentlal propert and Iho potsh troll warn rovalued 2023 ty Iper1$nt Bwvgyorn. As d8suW In the accAyrfry pollcl8s on page 20. ts value of uKIRff Cathedral S¢P¥)Dl and Resldanual wop8rUes Uondoff Cathedral SC 8rKI w(Kmd Parkh Hall 4.119.344 1.247.400 200.000 2022 Trad8 debtors lknr debtors 141124 53,815 143.124 57.5rd Cr•dltor• 21r21 19A32 19A32 Loan frLYn the Rwe8Ortat5ve Bc* oftha In Wala8 The loan o)ver8 the th orrknd (xrt by tre Repre8entaUve Body on behalf of thé Cath8dr81 to St Marf& It 14 bearn Intere8tfrom 1 January 2020 at 3% axl is repayablo at any twno bofor8 31 DKember 2035.
Th• DHn and Chr of Ll•nd•ff Cath•drnl Istornd Charfty 1159090 2021 ATrMxmts payablè". Wlthkn year In trhr to IIv8 yeara 5.989 13A78 19,465 Othor(Mxnntht&' Thé Cathedr81 had no other c¥rnltment8 at Ihe end ofthe ar (2021: £NH) 11. Mov•m•nt In Fundo 13 16192841 .710 7JlW Th• FknArGu 9.111 1615 fJ255) (1J)Xl) 375 1CQ 1&676 18) 1&rn (45mJl (W51 (3ffi111 4611 11,69Jl 792 rr.8T21 2.742 Sl12Z Aknrfrvntsl 2018.. south WMtkn4r• 14470) 28.211 I11,4) 14751 1.1•0 104X•)7 Th•J•spar ToA•r Fund 1016 (11.ri2) 15,3141 (q951 14.$02 {1,S221 12J 341 Tol•lfirdl• 7 1814TJ Deslgnated fvTKIB Tolate lo furMl8 Éet 0skl8 for of the Propgrty aKvJ Fobrk ol ts Calhethd WKI Its prppgrUe8, and ks wgbrjts. 26
Tho D•an and Chaptsr d LLqndaff Cathadral Reg18tered Charl 1159090 1Z R•Mndllallon of MoveMw offunth to not ca•h Ilow 01¥ actlvMI (1ZeU21 120 11 An•ly•l• ol prfor y••r by fund 47Jag 49 274.11• 7M12 74 125A45 18 13 le74 1•7JW JI.167 18 21 7.742 404371 7.74 •JA11 10 11 1111414 917tyJl QA34} 7TM• 174717 210 4wio 3182 17.14fy 11Y1414 If0,086) 7NII 478 10 27