2021-12-31-accounts

		Page
Trustees' report		1-4
Independent examiner's report
Statement offinancial	activities
Consolidated balance	sheet
Balance sheet
Statement ofcash flows
Notes to the financial	statements	9-24

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
		Notes						E
hggamfmm;
Donations and	legacies		355,125	52,790	407,915	358,193	147,483	505,676
Charitable activities			13,114		13,114	17,142		17,142
Other trading activities			14,600		14,600	11,600		11,600
Investments			1,869		1,869	934		934
Total income			384,708	52,790	437,498	387,869	147,483	535,352
Charitable activities		7	311,337	8,657	319,994	239,015	344,402	583,417
Other						935		935
Total expenditure			311,337	8,657	319,994	239,950	344,402	584,352
Net gains/(losses)		on
investments		13	110,048	21,817	131,865	(20,893)	11,867	(9,026)
Net incoming/(outgoing)
resources before		transfers	183,419	65,950	249,369	127,026	(185,052)	(58,026)
Gross transfers	between
funds			68,661	(68,661)
Net movement	in funds		252,080	(2,711)	249,369	127,026	(185,052)	(58,026)
Fund balances	at 1 January
2021			867,556	444,543	1,312,099	740,530	629,594	1,370,124
Fund balances	at	31
December 2021			1,119,636	441,832	1,561,468	867,556	444,542	1,312,098

							2021		2020
									as restated
					Notes
Fixed assets
Tangible assets					14		17,673		2,013
Investment	properties				16		785,350		679,338
Investments					16		280,797		252,064
							1,083,820		933,415
Current assets
Debtors					18	18,805		4,692
Investments					19	20,000		20,000
Cash at bank		and	in	hand		458,836		424,185
						497,641		448,877
Creditors:	amounts			falling due within
one year					20	(19,993)		(70,194)
Net current	assets						477,648		378,683
Total assets		less	current liabilities				1,561,468		1,312,098
Income funds
Restricted	funds				21		441,832		444,542
Unrestricted		funds					1,119,636		867,556
							1,561,468		1,312,098

			2021		2020
		Notes	E
Cash flows from operating	activities
Cash generated from operations		25		52,707		120,441
Investing activities
Purchase oftangible fixed assets			(17,045)		(2,149)
Purchase of investments			(2,881)
Purchase of investment property					(133,998)
Investment income received			1,870		934
Net cash used in investing	activities			(18,056)		(135,213)
Net cash used in financing	activities
Net increase/(decrease) in	cash and	cash
equivalents				34,651		(14,772)
Cash and cash equivalents	at beginning	ofyear		424,185		438,957
Cash and cash equivalents	at end of	year		458,836		424,185

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2021	2021	2021	2020	2020	2020
							F	f
Donations and	gifts		70,875	100	70,975	92,835	53,993	146,828
Legacies receivable			42,173	40,000	82,173
Grants receivable		for
core activities			242,077	12,690	254,767	265,358	93,490	358,848
			355,125	52,790	407,915	358,193	147,483	505,676
Grants receivable		for
core activities
StAsaph Diocesan		Board
of Finance			79,754		79,754	83,079		83,079
All Churches Trust			11,031		11,031	11,031		11,031
Listed Place of	Worship
Scheme			622		622	1,327		1,327
RBCW			30,000		30,000
Friends ofCathedral
Music						16,800		16,800
Coronavirus Job
Retention Scheme			4,574		4,574	12,461		12,461
HLF Emergency	Fund					21,000		21,000
NHLF			16,599		16,599		33,225	33,225
Welsh Cultural	Recovery
Fund			99,497		99,497	119,660		119,660
DCMS				10,040	10,040		60,265	60,265
The National Church				2,650	2,650
			242,077	12,690	254,767	265,358	93,490	358,848

		2021	2020
Other	income	13,114	17,142

5	Other trading activities
		Unrestricted	Unrestricted
		funds	funds
		2021	2020
			F
	Rental income	14,600	11,600
6	Investments

		Unrestricted	Unrestricted
		funds	funds
		2021	2020
Income	received from listed investments	1,073	895
Interest	receivable	796	39
		1,869	934

				Unrestricted	Restricted	Total	Total
				2021	2021	2021	2020
							F
Staff costs				89,138		89,138	77,032
Chaplains expenses				422		422	610
Dean's Library	running		costs	2,505		2,505	2,061
Music costs				1,924		1,924	3,294
Choir expenses				11,330		11,330	5,492
Song school expenses				4,011		4,011	4,315
Document storage							26
Ministers fees				909		909	72
Parish share				71,513		71,513	70,655
Water rates				2,047		2,047	1,883
Insurance				18,017		18,017	17,107
Heat & light				31,646		31,646	26,119
Car park management				606		606	563
Office expenses				1,648		1,648	1,521
Room hire							1,560
Computer expenses				1,196		1,196	864
Gifts & donations				300		300	1,230
Books, candles	etc			1,923		1,923	2,075
Flowers				51		51	32
Catering & refreshments				459		459	336
Telephone				1,049		1,049	890
Legal 8 professional		fees		9,437	1,476	10,913	19,661
Conferences				1,188		1,188
Repairs &renewals				44,110	7,181	51,291	309,726
Bank charges				232		232	229
Advertising				499		499	320
Subscriptions				305		305	231
Miscellaneous	expenses			559		559	1,555
Depreciation				1,387		1,387	136
				298,411	8,657	307,068	581,017
Grant funding of activities (see note 8)				10,406		10,406
Share ofgov costs (see note 9)				2,520		2,520	2,400
				311,337	8,657	319,994	583,417

Support	costs
		Support	Governance	2021	2020
		costs	costs
Audit fees			2,520	2,520	2,400
			2,520	2,520	2,400
Analysed	between
Charitable	activities		2,520	2,520	2,400

2021	2020
Number	Number

11	Employees		(Continued)
	Employment costs	2021f	2020f
	Wages and salaries	83,906	72,024
	Other pension costs	5,232	5,008
		89,138	77,032

			Unrestricted	Restated
			funds	Total
			2021	2020
Bad	debts	write-off		935

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021f	2021f	2021 f	2020	2020f	2020 f
Revaluation	of
investments		4,036	21,913	25,949	(1,233)	11,867	10,634
Gain/(loss)	on sale of
investments			(96)	(96)
Revaluation	of
investment	properties	106,012		106,012	(19,660)		(19,660)
		110,048	21,817	131,865	(20,893)	11,867	(9,026)

14	Tangible fixed assets	Tangible fixed assets
					Plant and	Fixtures and	Computers	Total
					equipment	fittings
	Cost
	At 1 January	2021					2,149	2,149
	Additions				3,449	6,300	7,296	17,045
	At 31 December 2021				3,449	6,300	9,445	19,194
	Depreciation	and impairment
	At 1 January	2021					136	136
	Depreciation	charged	in the	year	502	210	673	1,385
	At 31 December 2021				502	210	809	1,521
	Carrying amount
	At 31 December 2021				2,947	6,090	8,636	17,673
	At 31 December 2020						2,013	2,013
15	Investment	property
								2021
								E
	Fair value
	At 1 January	2021						679,338
	Net gains or	losses through		fair value adjustments				106,012
	At 31 December 2021							785,350

					Listed	Other	Total
					investments	investments
	Cost or valuation
	At 1 January 2021				251,964	100	252,064
	Additions				5,052		5,052
	Valuation changes				25,854		25,854
	Disposals				(2,173)		(2,173)
	At 31 December 2021				280,697	100	280,797
	Carrying amount
	At 31 December 2021				280,697	100	280,797
	At 31 December 2020				251,964	100	252,064
						2021	2020
	Other investments	comprise:			Notes		E
	Investments in subsidiaries				24	100	100
17	Financial instruments					2021	2020
	Carrying amount offinancial assets
	Instruments measured		at fair value through	profit or loss		280,697	251,964
18	Debtors
						2021	2020
	Amounts falling due		within one year:			E	E
	Trade debtors					5,274	1,895
	Other debtors					13,531	2,797
						18,805	4,692
19	Current asset investments
						2021	2020
						E
	Unlisted investments					20,000	20,000

20	Creditors: amounts	falling due within one year
			2021	2020
				E
	Trade creditors		3,244	13,311
	Other creditors		5,618	42,876
	Accruals and deferred	income	11,131	14,007
			19,993	70,194

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25	Cash generated from operations	Cash generated from operations					2021f	2020
	Surplus/(deficit) for the year						249,369	(58,026)
	Adjustments for:
	Investment income recognised	in statement		offinancial	activities		(1,869)	(934)
	Loss on disposal of investments						96
	Fair value gains and losses on	investment		properties			(106,012)	19,660
	Fair value gains and losses on	investments					(25,949)	(10,634)
	Depreciation and impairment oftangible		fixed assets				1,385	136
	Movements in working capital:
	(Increase)/decrease in debtors						(14,113)	116,810
	(Decrease)/increase in creditors						(50,201)	53,429
	Cash generated from operations						52,706	120,441
26	Analysis ofchanges in net funds
	The charity had no debt during	the year.
27	Prior period adjustment
	Changes to the balance sheet
						At 31	December 2020
						As previously	Adjustment	As restated
						reported		f
	Fixed assets
	Investment properties					359,338	320,000	679,338
	Current assets
	Debtors due within one year					27,678	(22,986)	4,692
	Creditors due within one year
	Other creditors					(38,772)	(31,422)	(70,194)
	Net assets					1,046,506	265,592	1,312,098
	Capital funds
	Income funds
	Restricted funds					469,541	(24,999)	444, 542
	Unrestricted funds					576,965	290,591	867,556
			Total equity			1,046,506	265,592	1,312,098

			At 31	December 2020
			As previously	Adjustment	As restated
			reported
			E		E
Fixed assets
Changes	to the profit and loss account
			Period ended 31 December		2020
			As previously	Adjustment	As restated
			reported
			E
Charitable	activities		551,995	31,422	583,417
Net movement		in funds	(26,604)	(31,422)	(58,026)