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





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||Notes||||||E|
|hggamfmm;|||||||||
|Donations<br>and|legacies||355,125|52,790|407,915|358,193|147,483|505,676|
|Charitable<br>activities|||13,114||13,114|17,142||17,142|
|Other trading<br>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<br>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|





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||||||||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|



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||||2021||2020||
|---|---|---|---|---|---|---|
|||Notes|E||||
|Cash flows from operating|activities||||||
|Cash generated<br>from operations||25||52,707||120,441|
|Investing<br>activities|||||||
|Purchase oftangible<br>fixed assets|||(17,045)||(2,149)||
|Purchase of investments|||(2,881)||||
|Purchase of investment<br>property|||||(133,998)||
|Investment<br>income received|||1,870||934||
|Net cash used in investing|activities|||(18,056)||(135,213)|
|Net cash used in financing|activities||||||
|Net increase/(decrease)<br>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|





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
||||||||F|f|
|Donations<br>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<br>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<br>Job|||||||||
|Retention<br>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<br>Church||||2,650|2,650||||
||||242,077|12,690|254,767|265,358|93,490|358,848|





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|||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<br>expenses||||422||422|610|
|Dean's<br>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<br>& 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<br>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|





## 

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## 

|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<br>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<br>f|2020|2020f|2020<br>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<br>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<br>changes||||25,854||25,854|
||Disposals||||(2,173)||(2,173)|
||At 31 December 2021||||280,697|100|280,797|
||Carrying<br>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<br>in subsidiaries||||24|100|100|
|17|Financial<br>instruments|||||2021|2020|
||Carrying<br>amount offinancial assets|||||||
||Instruments<br>measured||at fair value through|profit or loss||280,697|251,964|
|18|Debtors|||||||
|||||||2021|2020|
||Amounts<br>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<br>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<br>from operations|Cash generated<br>from operations|||||2021f|2020|
|---|---|---|---|---|---|---|---|---|
||Surplus/(deficit)<br>for the year||||||249,369|(58,026)|
||Adjustments<br>for:||||||||
||Investment<br>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<br>and impairment<br>oftangible||fixed assets||||1,385|136|
||Movements<br>in working capital:||||||||
||(Increase)/decrease<br>in debtors||||||(14,113)|116,810|
||(Decrease)/increase<br>in creditors||||||(50,201)|53,429|
||Cash generated<br>from operations||||||52,706|120,441|
|26|Analysis<br>ofchanges<br>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<br>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<br>funds|||||469,541|(24,999)|444, 542|
||Unrestricted<br>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)|



##