## ## |Trustees|||The Reverend|Canon|M Balkwill|| |---|---|---|---|---|---|---| ||||The Reverend|S Huyton||| ||||The Very Reverend
N||Williams|| ||||The Reverend|Canon|J Lomas|| ||||The Reverend|Canon|P Powell|| ||||Reverend
Canon J Matthias|||| ||||Rev Canon J|Hughes||| ||||Reverend
Canon
N Morris|||| ||||The Venerable|Dr B F|Wilson|| ||||The Venerable|AS Grimwood||| ||||The Reverend|Canon|M Batchelor|| |Charity|number||1t59494|||| |Independent||examiner|Sage &Company
Business Advisors|||Ltd| ||||102 Bowen Court|||| ||||StAsaph
Business Park|||| ||||StAsaph|||| ||||Denbighshire|||| ||||LL17OJE|||| |Solicitors|||Swayne Johnson
Solicitors StAsaph|||| ||||Diocesan Office|||| ||||High Street|||| ||||STASAPH|||| ||||LL17 ORD|||| ## |||||Page| |---|---|---|---|---| |Trustees'|report|||1-5| |Independent
examiner's|||report|| |Statement|offinancial|activities||| |Salance sheet||||| |Statement|ofcash flows|||| |Notes to|the financial|statements||10-22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---| |||funds|funds||funds|funds|| |||2020|2020|2020|2019|2019|2019| ||Notes||5|8||6|| |~ngtft~rttii
Donations
and legacies
Charitable
activities||311,615
17,142|33,225|344,840
17,142|154,349
36,817|38,178|192,527
36,817| |Other trading
activities
investments||11,600
907||11,600
907|14,725
12,420||14,725
12,420| |Total income||341,264|33,225|374,489|218,311|38,178|256,489| |Ettftgg~itu
aJtft..
Raising funds||||||1,116|1,116| |Charitable
activities||205,563||205,563|222,786|196|222,982| |Other|12|935||935|||| |Total resources
expended||206,498||206,498|222,786|1,312|224,098| |Net gains/(losses)
investments|on
13|(20,893)|11,867|(9,026)|5,447|18,561|24,008| |Net movement
in|funds|113,873|45,092|158,965|972|55,427|56,399| |Fund balances at 1|||||||| |January 2020||370,167|399,118|769,285|369,195|343,691|712,886| |Fund balances at|31||||||| |December 2020||484,040|444,210|928,250|370,167|399,118|769,285| ## ## ## ||||2020||2019|| |---|---|---|---|---|---|---| |||Notes|||5|| |Fixed assets||||||| |Tangible assets
Investment
properties
investments||14
15
16||2,013
359,338
252,064||245,000
241,431| |||||613,415||486,431| |Current assets||||||| |Debtors||18|27,678||144,488|| |Cash at bank and in|hand||325,677||155,131|| ||||353,355||299,619|| |Creditors: amounts
one year|falling due within|19|(38,520)||(16,765)|| |Net current assets||||314,835||282,854| |Total assets less current liabilities||||928,250||769,285| |Income funds||||||| |Restricted funds||20||444,210||399,118| |Unrestricted
funds||||484,040||370,167| |||||928,250||769,285| ## ## ## |||||2020||2019|| |---|---|---|---|---|---|---|---| ||||Notes|f||f|| |Cash flows from operating||activities|||||| |Cash generated
fram/(absorbed
by)
operations|||25||305,785||(133,256)| |Investing|activities||||||| |Purchase|oftangible
fixed assets|||(2,149)|||| |Purchase|of investment
property|||(133,998)|||| |Investment|income received|||908||12,420|| |Net cash
investing|(used in)/generated
from
activities||||(135,239)||12,420| |Net cash|used in financing|activities|||||| |Net increase/(decrease)
in
equivalents||cash and cash|||170,546||(120,836)| |Cash and|cash equivalents|at beginning|ofyear||155,131||275,967| |Cash and|cash equivalents|at end ofyear|||325,677||155,131| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations
and legacies||||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||funds|funds||funds|funds|| ||2020|2020
8|2020
8|2019f|2019|2019f| |Donations
and gifts|46,257||46,257|43,565||43,565| |Grants receivable
for
core activities|265,358|33,225|298,583|110,784|38,178|148,962| ||311,615|33,225|344,840|154,349|38,178|192,527| |Grants receivable
for||||||| |core activities||||||| |StAsaph Diocesan
Board ofFinance|116,885||116,885|68,944||68,944| |All Churches
Trust|11,031||11,031|11,031||11,031| |Listed Place ofWorship
Scheme|1,327||1,327|10,809||10,809| |Friends ofCathedral
Music|16,800||16,800|20,000||20,000| |HLF Emergency
Fund
HLF|21,000|33,225|21,000
33,225||38,178|38,178| |Welsh Cultural
Recovery
Fund|119,660||119,660|||| |Other|(21,345)||(21,345)|||| ||265,358|33,225|298,583|110,784|38,178|148962| ## ## ## ## ## |Other trading
activities||| |---|---|---| ||Unrestricted|Unrestricted| ||funds|funds| ||2020|2019| ||5|f| |Rental income|11,600|14,725| |Investments||| ||Unrestricted|Unrestricted| ||funds|funds| ||2020|2019| |||5| |Income received from listed investments|895|1,050| |Interest receivable|12|11,340| ||907|12,420| ## ## ||||Total|Restricted| |---|---|---|---|---| |||||funds| ||||2020|2019| ||||6|5| |Fundraisin|and|ublici||| |Advertising||||1,116| ## ## ## ||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| ||||2020
5|2020
5|2020|2019f| |Staff costs|||77,032||77,032|58,095| |Chaplains
expenses|||610||610|102| |Dean's Libary running||costs|2,061||2,061|2,613| |Music costs|||6,790||6,790|10,989| |Choir expenses|||1,996||1,996|3,156| |Song school expenses|||4,315||4,315|5,134| |Ministers fees|||72||72|293| |Parish share|||51,385||51,385|38,585| |Water rates|||1,615||1,615|2,354| |Premises
insurance|||15,686||15,686|13,953| |Heat & light|||25,340||25,340|23,996| |Car park management|||563||563|426| |Office expenses|||1,521||1,521|1,707| |Computer expenses|||749||749|282| |Books, candles etc|||1,896||1,896|4,572| |Flowers|||32||32|360| |Catering
&refreshments|||336||336|1,537| |Telephone|||890||890|774| |Legal 8, professional|fees||1,854||1,854|3,598| |Repairs &renewals|||6,991||6,991|25,064| |Bank charges|||229||229|354| |Advertising||||||64| |Subscriptions|||169||169|168| |Miscellaneous
expenses|||895||895|701| |New Development|costs|||||7,361| |Depreciation|||136||136|| ||||203,163||203,163|220,582| |Share ofgov costs|(see note 9)||2,400||2,400|2,400| ||||205,563||205,563|222,982| ## ## ## ## |Support c|osts||||||| |---|---|---|---|---|---|---|---| |||Support|Governance|2020|Support|Governance|2019| |||costs|costs||costs|costs|| |||8|8|8|8|8|8| |Audit fees|||2,400|2,400||2,400|2,400| ||||2,400|2,400||2,400|2,400| |Analysed|between||||||| |Charitable|activities||2,400|2,400||2,400|2,400| ## ## |The average|monthly
number ofemployees
during
|the year was:|| |---|---|---|---| |||2020|2019| |||Number|Number| |Employment|costs|2020f|2019
8| |Wages and salaries||72,024|52,782| |Other pension costs||5,008|5,313| |||77,032|58,095| ## ## ## ## |||Unrestricted|Restated| |---|---|---|---| |||funds|Total| |||2020|2019| ||||8| |Bad|debts write-otf|935|| |For|the year ended 31 December 2019||| ## |Net gains/(l|osses)
on|investments|||||| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |||funds|funds||funds|funds|| |||2020|2020|2020|2019|2019|2019| |||6||8|8|8|9| |Revaluation|of||||||| |investments||(1,233)|11,867|10,634|5,447|18,755|24,202| |Gain/(loss)|on sale of||||||| |investments||||||(194)|(194)| |Revaluation|of||||||| |investment|properties|(19,660)||(19,660)|||| |||(20,893)|11,867|(9,026)|5,447|18,561|24,008| |Tangible fixed assets|||||||| ||||||||Computers| |Cost|||||||| |Additions|||||||2,149| |At 31 December 2020|||||||2,149| |Depreciation
and impairment|||||||| |Depreciation|charged|in the year|||||136| |At 31 December 2020|||||||136| |Carrying
amount|||||||| |At 31 December 2020|||||||2,013| ## ## ## ## |||||2020| |---|---|---|---|---| |||||6| |Fair value||||| |At 1 January 2020||||245,000| |Additions|through|external|acquisition|133,998| |Net gains|or losses through||fair value adjustments|(19,660)| |At 31 December 2020||||359,338| ## ## ||||Listed|Other|Total| |---|---|---|---|---|---| ||||investments|investments|| ||||6||| |Cost or valuation|||||| |At 1 January 2020 &31 December 2020|||241,331|100|241,431| |Carrying
amount|||||| |At 31 December 2020|||241,331|100|241,431| |At 31 December 2019|||241,331|100|241,431| |||||2020|2019| |Other investments
comprise:|||Notes||6| |Investments
in subsidiaries|||24|100|100| |Financial
instruments||||2020|2019| ||||||6| |Carrying
amount offinancial assets|||||| |Instruments
measured|at fair value through|profit or loss||251,964|241,331| ## ## ## ## |18|Debtors||||| |---|---|---|---|---|---| |||||2020|2019| ||Amounts|falling due|within one year:|8|| ||Trade debtors|||1,895|5,995| ||Other debtors|||25,783|138,493| |||||27,678|144,488| |19|Creditors:|amounts|falling due within one year||| |||||2020|2019| |||||8|8| ||Trade creditors|||(4,356)|9,315| ||Other creditors|||42,876|7,450| |||||38,520|16,765| ||||f/I
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ca| ## ## |21|Analysis|ofnet assets between funds|ofnet assets between funds||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||Funds|Funds||| |||||2020|2020|2020|2019| |||||5|6|6|5| ||Fund balances at 31 December 2020 are||||||| ||represented||by:||||| ||Tangible|assets||2,013||2,013|| ||Investment||properties|264,338|95,000|359,338|245,000| ||Investments|||44,732|207,332|252,064|241,431| ||Current|assets/(liabilities)||206,725|141,878|314,835|282,854| |||||517,808|444,210|928,250|769,285| ## ## |||||Amounts|owed|by|related|Amounts
owed|by|related| |---|---|---|---|---|---|---|---|---|---|---| ||||||parties|||parties||| ||||||2020|||2019||| |||||Balance||||Balance||Net| ||||||5|||5||| |StAsaph|Diocesan|Board|ofFinance|||||120,000||120,000| |||||||||120,000||120,000| ## ## ## ||Details ofthe charity's|subsidiaries
at 31|subsidiaries
at 31|D|ecember 202|0 are as follow|s:|s:|s:| |---|---|---|---|---|---|---|---|---|---| ||Name of undertaking|Registered|||Nature of|business|Class of
'/o Held||| |||office|||||shares|held
Direct|Indirect| ||Transistors'
Tearoom|UK|||Cafe||Ordinary|100.00|| ||Limited||||||||| |25|Cash generated
from|operations||||||2020|2019| |||||||||8|8| ||Surplus for the year|||||||158,965|56,399| ||Adjustments
for:||||||||| ||Investment
income recognised
in statement||||offinancial|activities||(907)|(12,420)| ||(Gain)/loss
on disposal|of investments|||||||194| ||Fair value gains and losses on investment||||properties|||19,660|| ||Fair value gains and losses on investments|||||||(10,634)|(24,202)| ||Depreciation
and impairment
oftangible|||fixed assets||||136|| ||Movements
in working|capital:|||||||| ||Decrease/(increase)
in|debtors||||||116,810|(119,427)| ||Increase/(decrease)
in|creditors||||||21,755|(33,800)| ||Cash generated
from/(absorbed||by) operations|||||305,785|(133,256)| |26|Analysis
ofchanges|in net funds|||||||| ||The charity
had no debt during the||year.|||||||