REGISTERED CHARITY NUMBER.. 1159494
Report of the Trustees and
Unaudited Financlal Statements
for the Year Ended 31 December 2024
The Dean & Chapter of S A Cathgdral Grp
Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
StAsaph
Denbighshire
LL17 ORN

The Dean & Chapter of S A Cathedral Grp
Contonts of the Financial Statements
for the ￿aff ended 34 Docember 2024
Pago
Report of the Trustees
Independent Examiner's Report
statemont of Financial Activitigs
Balance Sheet
Cash Flow Statemgnt
Notes to the Ca$h Flow Ststomgnt
Notes to the Financial Statements
9 to 20
Detailed Statsment of Financial Activitie8
21 to 22

The Dean & Chapter of S A Cathedral Grp
Report of the Trustees
for the year ended 31 December 2024
The twstees present their annual report and financial statements for the year ended 31 December 2024.
The accounts have been prepared in accordance with the accounting policie5 set out in note 1 to the accounts and comply
with the charity's constrtution, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of
Re¢ommended Practice applicable to charities preparing their accounls in accordance with the Financial Reporhng
standard applicable in the UK and Republic of Ireland (FRS 1021" las amended for accounting periods commencing from 1
January 20161
The financial statements reportable as The Elwy Mission Area are made up of The Dean and Chapter of St Asaph
Cathedral- the Translators, Tearoom- the parish church Eglwys Sant A5a,' St Mary's Church. Cefn and All Saints Church,
Sinan.
OWECTIVES AND ACTIVITIES
Objactives and aims
To maintain and look after the historic building of St Asaph Cathedral. To advance and promote the Christian religion of the
Church in Wales for the public benefit, offering worship, community outreath in ministry and service in the Elwy Mission
Area and Ihg wider St Asaph Diocgse.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what adiwties the charity
should undertake.
Descrlption of funds
Maintsnance of Fabric of Buildings
This lund was sel up to maintain the Fabric of the Cathedral Buildings. All of the assets wlhin this fund are held within
investments and therefore are not freely available. All expenditure in regard to the Maintenan￿ of Ihe Cathedral will
therefore be expensed through the general reseNe until such time as there are liquid funds available within this restricted
fund.
The Dean's Library
The Dean Williams Library property in St Asaph is vested in the St Asaph Diocesan Board of Finance as custodian tNstees
for the Dean and Chapter and is to be used only for speafic, prescribed purposes.
Choir
This fund was established via a legacy specified for the use of the cathedrafs choir.
Church Renovation Projoct
This fund relales to the renovation, upgrade and repair of the St Asaph parish church building.
ESA Churchyard
This fund relates to the upkeep of the St Asaph parish church grounds.
C9fn Churchyard
This fund relat85 to Ihe upkeep of Ihe grounds of St Mary $ church, Cefn.
Gardon
This fund was established with funds from the National Lottery Heritage Fund for the upkgep of the heritage garden in the
grounds of St Asaph Cathedral.
Page 1

Tho Daan & Chapter of S A Cathedral Grp
R•port of lh• Truslèès
for the year ended 31 De¢gmbgr 2024
ACHIEVEMENT AND PERFORMANCE
Charitsble attivities
A brief overview of what has been happening at each of our chur¢hes in 2024 is as follows:
Eglwys Sant Asa (St Asaph Parish Church)
The church continues lo work closely with the local community, offering a meeting Pla￿ and venue for different groups and
activities. such as Mother and Toddler group, Tai Chi, Pilates and the Wl. Volunteers from the church itself continue lo run a
successful Messy Church monthly Servi￿ and holiday clubs, welcoming children from the local area- and the Community
Fridge has gone from strength to strength, with around 30 people attending weekly.
St Ma￿$ ChU￿h. Cefn
The church has been open to visitors throughout the sumrner months and has attracted a number of pilgrims on their way
along the North Wales Pilgrim's Way. The church is very involved in the local community and has helped with community
evenings at the local hall and has held fundraising concerts and a flower festival in the church. One of the highlights of the
year has been the Palm Sunday servi￿ and lunch followed by a procession wth donkeys from St Mary's, Cefn to Sl Asaph
Cathedral.
All Saints. Sinan. Cofn
Before moving to Elwy MA. the decision had been made by Denbigh MA to close All Saints, Sinan. The trustees of Elwy MA
are investigating the possibility of retaining the building for use in the local community, but the process has been ongoing
and the chureh has been unused during 2024.
st Asaph Cathedral
Details of the main achievements of 2024 are detailed in the separate Cathedral trustee$ report.
FINANCIAL REVIEW
Financial review
The trustees will ¢ontinue to ensure that financial resources are managed wisely in the best interests of the Elwy Mission
Area and to enable the financing of the ministry structures and buildings that $upport the mission of Ihe Elwy Mission Area.
Each church is responsible for its own finances under the guidance and supervision of the trustees.
It is the policy of the charity that unrestri¢ted funds which have not been designated for a specth'c use should be maintained
at a level equivalent to between three and six months expenditure. The truslees consider that reserves at this level will
ensure that, in the event ol a significant drop in funding, they will be able to continue the charity's current activities while
consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained
throughout the year.
The money held in reserve by the Mission Area is for use as stated above. The trustees take the responsibility for the
reserves seriously and use the following guidelines..
The reserves are not to be used for day to day expenses. Running costs are to be met without using reSe￿eS.
The reserves can be used for projects that increase the income or reduce the expenditure of the churches within the Mission
Area. in line with the restrictions above.
The reserves can be used fof mission projects that further the outreach of the churches within Elw MA, in liné with the
restrictions above.
Property that is held in trust for the cathedral is rented at a commercial rate on the open market when not being used for
cathedral purposes.
Investments are managed by Rathbones Investment Management Limited, Ecclesiastical Investment Managers Limited and
NS&I bonds and the Trustees decide the level of investment to be held for each fund.
The amounts held by Ralhbones Investment managers have been allocated to use foi the Dean's Library renovation.
The amounts held by the Representative Body are restricted for the maintenance and restoration of the fabTiC of St Asaph
Cathedral_
The amounts held by Edentree (formerly Ecclesiastical Investment Management Ltd) are restricted for the use of St Asaph
Cathedral choir.
The amounts held in NS&I bond5 are for use by Eglwys Sant Asa.
The trustees have examined the major strategic. business and operational risks which the charity may face and confimi that
systems have been established to enable regular reports to be produced 50 that the n9cessary stgps can be taken to lessen
these risks.
Effective management of operations by balancing income and expenditure.
Prudent financial management and protection of reserves to ensure the financial security of St Asaph Cathedral.
The Very Reverend Nigel Williams
Dean of St Asaph Cathedral and Mission Area Leader of Elwy
Page 2

The D•an & Chapler of S A Cathedral Grp
Report of the Trustees
for the year ended 31 Dècember 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Goveming document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruilment and appointmènt of new tru$teo$
Trustees are independently nominated and appointed by the Bishop of St Asaph afier consultation with the Dean.
Ongoing govemance training is offered lo all ttustees of St Asaph Cathedral.
Organisational structure
As per the Diocesan decrees dated 18 June 2017 and 15 December 2020. the Mission Area Conference of the Mission Area
of is the Dean and ChapteT of St Asaph Cathedral. The churches wthin the Mission Area of Elwy, namety the parish
church Eglwys Sant Asa.. St Mary'5 Church. Cefn and All Saints Church, Sinan are subcommittees of the said Dean and
Chapter acting as Mission Area Conferen￿. They hold and operate their own bank accounts.
The charity is govemed by the trustees who pass the day to day administration to the Cathedral Administrator and Chapter
Clerk, Mrs Jackie Feak and the Elvry Mission Area Operations Office, Mrs Karen Dixon.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1159494
Prin¢lpal address
Cathedral Offico
High Street
St Asaph
Denbighshire
Trustees
The Very Rev N H Williams
The Rev P Powell
The Rev J Matthias
The Rev J Hughes (resigned 31171241
D Mccarthy
J Liston
E W Hughes
K A Dixon
The Rev A S Jones
Independent Examlner
Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
StAsaph
Denbighshire
LL17 ORN
Approved by order of the board of trustees on .................
and signed on its behalf by..
The Very Rev N H Williams- Trustee
Page 3

Independent Examinerfs Report to the Trustees of
The Dean & Chapter of S A Cathedral Grp
Indgpondont oxaminèrfs rèport to the truslees of The Dean & Chapler of S A Cathèdrnl Grp
I report to the charity Irust8es on my examination of the accounts of The Dean & Chapter of S A Cathedral Grp (the Trust)
for the year ended 31 December 2024.
Ro$pon$ibllitlès and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 1'th8 Act'}.
I report in respect ol my examination of the Trust's attounts carried out under Section 145 of the Act and in carrying out my
examination I have followed all applicable Directions given by the Charrty Commission under Section 145{5llbl of the Act.
Independent examiner'8 Statsment
Since your charity's gross in¢ome ex￿eded £250,000 your examiner must be a member of a listed b¢)dy. l ¢an ¢onlirm that I
am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and
Wales, which is one of the listed bodies.
I have completed my examinats'on. I confim that no material matters have come to my attention in connection with the
examination giving me cause to believe that in any mater¢al respect..
a¢¢ounling records were not kept in respect of the Trust as required by Section 130 of the Act-, or
the a￿oUnt5 do not ac¢ord with those records., or
the accounts do not compty with the applicable requirements conceming the form and content of accounts set out in
th? Charilies IA¢¢ounts and Reports} Regulations 2008 other than any requirement that the accounts give a true and
fair view which is not a matter ¢onsidered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be
drawn in this report in order to enable a proper understanding of the accounts lo be reached.
Aled Roberts BA IHons} FCA
Salisbury & Company
Chartered Accountants
Irish Squafe
Upper Denbigh Road
St Asaph
Oenbighshire
LL17 ORN
Date..
Page 4

The Dean & Chapter of S A Cathedral Grp
Statemont of Financial Activities
for the year ended 31 December 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
304,556
9,158
313,714
466.391
Charitable activities
Core Activities
140,513
140,513
101.829
other trading activities
Invesbnent income
Other income
144,145
2,759
792
144.937
2,759
152.228
4,137
{7851
Total
591,973
9,950
601.923
723,800
EXPENDITURE ON
Raising funds
116,512
116,512
118.807
Charitable activities
Core Activities
402,230
5,050
407,280
483.966
Total
518,742
5,050
523.792
602,773
Net gains on investments
559
33,772
34,331
13.824
INCOME
Transfers between funds
73.790
1.884
38.672
(1.8831
112,462
134,851
19
Net movement in fvnds
75.674
36.789
112,463
134,850
RECONCILIATION OF FUNDS
Total funds brought forward
839,047
840,175
1,679,222
1,544,372
TOTAL FUNDS CARRIED FORWARD
914,721
876,964
1.791,685
1,679,222
The notes fom part of these financial statements
Page 5

The 08an & Chapter of S A C•thedral Grp
Balance Sheet
31 December 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
fvnds
Notes
FIXED ASSETS
Tangible assets
Investrnents
Investments
Investment propety
12
71.628
28,000
99,828
16.224
13
14
53.276
678.000
247.996
107,350
301,272
785,350
266.942
785,350
802,904
383,346
1,186,250
1,068.516
CURRENT ASSETS
Stocks
Debtors
Investments
Cash at bank and in hand
15
16
17
4,257
22,438
20,000
97,643
4,257
22,438
20,000
591,260
5,623
20,263
20,000
586,953
493,617
144,338
493,617
637,955
632.839
CREDITORS
Amounts falling due within one year
18
{32,5201
132,520)
122.1331
NET CURRENT ASSETS
111,818
493,617
605,435
610.706
TOTAL ASSETS LESS CURRENT LIABILITIES
914,722
876,963
1,791,685
1,679,222
NET ASSETS
914,722
876,963
1,791,685
1,679,222
FUNDS
Unrestri¢ted funds
Restricted funds
19
914,722
876.963
839.047
840,175
TOTAL FUNDS
1,791,685
1,679,222
+h
The financial statements were approved by the Board of Tnjstees and authorised for issue on
and were signed on its behalf by..
The Very Rev N H Williams- Trustee
The notes form part of these financial statements
Page 6

The Dean & Chapter of S A Cathgdral Grp
Cash Flow Ststement
forthg yaar ended 31 Dec8mber 2024
2024
2023
Notes
Cash flow$ from operating activities
Cash generated from operalions
96,155
103,353
Net cash provided by operating activities
96.155
103,353
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Sale of tangible fixed assets
Interest received
Dividends received
194,608}
14,1771
872
1,038
3,099
1,289
1,470
Net cash (used inllprowded by investing activities
191,8481
832
Change in cash and cash equivalents in
the ￿pOrtIng perlod
Cash and ¢ash equlvalents atthe
beginning of the reporting period
4,307
104,185
586,953
482,768
Cash and cash oquivalonts atlho ènd of
the reporting period
591,260
586,953
The notes form part of these financial statements
Pa9e 7

The Dean & Chapter ol S A Cathedral Grp
Notes to thè Cash Flow Statement
for th• ￿ar gnded 31 Decembèr 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOVI FROM OPERATING ACTIVITIES
2024
2023
Net incomo for the roporting period las p•r thg Ststement of Financlal
A¢tiYities>
Adju$bngnts for:
Depr&¢iation charges
Gain on investments
Loss on disposal of fixed assets
Interest received
Dividends recgived
De¢reasellincreasel in stocks
Ilncreaselldecreaso in dgbtors
Increaselldecreasel in creditors
112,462
134.851
10,472
134,331)
733
11,2891
11,4701
1,366
12,175)
10,387
3,789
113,8241
785
{1.0381
{3,0991
{9931
19,787
136,9051
Net cash provlded by operations
96,155
103,353
ANALYSIS OF CHANGES IN NET FUNDS
At 111124
Cash flow
At 31112124
Net cash
Cash al bank and in hand
586,953
4,307
591.260
586,953
4,307
591,260
Liquid resources
Deposits included in cash
Current asset investments
20,000
20,000
20,000
20.000
Total
606,953
4,307
811,260
The notes fomi part of these financial statements
Page 8

The Dean & Chapter of S A Cathedral Grp
Notes to the Flnancial Slatements
for the year ended 31 Dècember 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial slalements of the charity, which is a public benefit entity under FRS 102, have been prepared in
aGcordance with the Charities SORP IFRS 1021 'AGGounling and Reportin9 by Charities. Statement ot
Recommended Practl¢e applicable to charities preparing their accounts in accordance with the Financial Reporting
standard appli¢able in the UK and Republi¢ of Ireland {FRS 102) (effective 1 January 2019}', Financial Reporting
SLgndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act
2011. The financial slatements have been prepared under the historical cost convention, with the exception of
investments whieh are included at market value, as modrfied by the revaluation of certain assets.
Income
All in¢ome 1$ recognised in Ihe Stalement of Financial Activities once the charity has entitlement to the funds, it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity
to that expenditu￿, il is probable that a transfer of economic benefits will be required in settlement and the amount
of the obligation can be measured reliabty. Expendilure is accounted for on an a¢¢ruals basis and has
classified under headings that aggregate all cost related lo the ¢ategory. Where costs cannot be directly attributed lo
particular headings they have been allocated to activities on a basis consistent with the use of resour¢es.
Tangible fixed a88ets
Tangible fixed assets are initially meaSU￿d at ¢osl and subsequently measured al cost or valuation, net of
depreciation and any impaimient losses.
Depreciation is recognised so as to write off the cost or valuation of assets less Iheir residual values over their useful
lives on the following bases..
Plant and equipment- Over 10 years
Fixtures and fittings- Over 5 years
Computers- Over 5 years
Invostmont property
Investment property, which is property held to earn rentals andlor ¢apital appreciation, is inrtially recognised at cost.
which includes the purchase cost and any directly attributable expendilure. Subsequenlly il is measured at fair value
al each reporting dato. Change$ in fair value are recgonised in the profit and loss account.
Stock$
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and Slow
moving items.
Taxation
The charrty is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be us•d in a￿1rdance with the charitable objects'ves at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when spe¢ified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and oth•r posl-retirèmènt ￿n•fits
The charity operates a defined contribution pension stheme. Contributions payable to the charity's pension scheme
are charged to the Statement of Finanaal Aclivi1195 in the period lo which they relate.
Finan¢ial instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 '0ther
Financial Instruments Issues, of FRS102 to all of its financial instwments.
Page 9
ontinued...

The Dean & Chapter of S A Cathedral Grp
Notes to th• Finan¢ial Ststgments - Continued
for the year ended 31 December 2024
ACCOUNTING POLICIES- continued
Finan¢ial instruments
Financial instruments are recognised in the charity's balance sheet when the charity be¢ome5 party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amount5 presented in the financial stalemenls, when there is a
legally enforceable right to sel off the recognised amounts and there in an intention to settle on a nel basis or to
realise the asset and settl& the liability simultaneously.
Basic financial a88ets
Basic linancial assets, which include debtors and cash and bank balan￿s. are initially measured at Iransaction
price including transaction costs and are subsequently carried al amortised cost using the effeclive interest method
unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value
of the future re¢eipts discounted al a market value of interest. Financial assets classified as receivable within one
year are not amortised.
Basic financial liabilities
Basic financial liabilities. including creditors and bank loans a￿ initially recognised at transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measurod at the present value of the
future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are
not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest ral& method.
Trade creditors are obligations to pay for goods or services that have been aequired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities rf payment is due within one year or
less. If not, they are presenled as non-currenl liabilities. Trade creditors are recognised initially al transaction price
and subsequentty measured at amortised cost using the effective interest method.
Derecognition of financial liabllltles
Financial liabilities are derecognised when the charity's contractual obligations expirg or are dischar9ed or cancelled.
DONATIONS AND LEGACIES
2024
2023
Donations
Lggacies
Grants
105.709
104,955
157,406
204,030
208,005
313.714
466,391
Grants received, included in the above, are as follows..
2024
2023
St Asaph Diocesan Board of Finance
All Churches Trust
Listed Place ofwofship Scheme
RBCW
Friends of Cathedral Music
Miscellaneous
Core activities
Marsh award fof garden
Denbigh CC
3,745
8,301
8,567
125,610
74,900
9.652
12,943
79,000
15,000
5,000
7,035
soo
2,320
9,462
50,000
208,005
204,030
Page 10
continued...

Tho Dgan & Chapter of S A Cathedral Grp
Ntstss to th• Flnanclal Slatement8 - continued
for the year ended 31 December 2024
OTHER TRADING ACTivrriES
2024
2023
Shop income
Rgntal incomg
Room hire
Ceremonies
99,723
26,550
11,904
6,760
113,384
23,700
10,669
4,475
144,937
152,228
INVESTMENT INCOME
2024
2023
Income received from listed investments
Inlerest receivable - Irading
1,470
1,289
3,099
1,038
2,759
4,137
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Core Activities
Other income
140,513
101,829
RAISING FUNDS
Raising donations and legacies
2024
2023
Goods for resale & shop costs
Shop wages ￿51$
Shop admin costs
37.360
67.612
11.540
42,856
68,907
7,044
116,512
118,807
CHARITABLE ACTMTIES COSTS
Support
costs {see
note 8)
Direct
Costs
Totals
Core Aclivities
404,760
2.520
407.280
Page11
continued.

Thè D•an & Chapt•rof S A Cath•dral Grp
Notes to the Flnan¢lal Statements - eonllnued
for the year ended 31 December 2024
SUPPORT COSTS
Governance
costs
Core Activities
2,520
TRUSTEES. REMUNERATION AND BENEFITS
There were no Irustees, remuneration or other benefits for the year ended 31 December 2Q24 nor for the year ended
31 December 2023.
Trustees. oxpens6S
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 December 2023.
10.
STAFF COSTS
2024
2023
Wages and salaries
Other pension costs
141,211
9,827
91,488
9,447
151.038
100.935
The average monthly number of employees during the year was as follows=
2024
2023
Administration
No employees received emoluments in excess of £60,000.
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donalions and legacies
379.726
86,665
466,391
Charitsblo a¢tivltl•s
Core Activities
101,829
101,829
Other trading activities
Investment income
Other income
152,225
4,137
{1,657)
152,228
4,137
17851
872
Total
636,260
87,540
723,800
EXPENDITURE ON
Raising funds
118,807
118,807
Charitable activities
Core Activities
468,029
15.937
483,966
Totsl
586,836
15.937
602,773
Net gains on investments
13,824
13,824
Page 12
continued...

Th8 Dean & Chapter of S A Cathedral Grp
Notes to the Financial Statements - continugd
for the year ended 31 December 2024
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES . Continued
Unrestricted
fund
Restricled
funds
Total
funds
NET INCOME
Tran$f•rs betweèn fund$
63,248
1332,1941
71,603
332,193
134,851
11}
Net rnovemont in funds
1268,9461
403,796
134.850
RECONCILIATION OF FUNDS
Total funds brought forward
1,107.993
436,379
1,544,372
TOTAL FUNDS GARRIED FORWARD
839.047
840.175
1,679.222
12.
TANGIBLE FIXED ASSETS
Fixlures
and
fittings
Plant and
machinery
Computer
equipmenl
Totals
COST
At 1 January 2024
Additions
18,540
6.800
94,608
9,840
35,180
94,608
At 31 December 2024
18.540
101.408
9.840
129,788
DEPRECIATION
At 1 January 2024
Charge for year
11,565
1,568
2,738
7,668
4.653
1,968
18,956
11,204
At 31 December 2024
13,133
10,406
6,621
30.160
NET BOOK VALUE
At 31 December 2024
5,407
91,002
3,219
99,628
At 31 December 2023
6,975
4,062
5,187
16,224
13.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 January 2024
Additions
Revaluations
266,942
34,331
At 31 December 2024
301,272
NET BOOK VALUE
At 31 December 2024
301,272
At 31 December 2023
266,942
There were no investment assets outside the U
Page 13
continued...

The Dean & Chapter of S A Cathedral Grp
Notes to the Financial Statements - continued
for the year ended 31 December 2024
13.
FIXED ASSET INVESTMENTS - continued
Cost or valuation at 31 De￿mber 2024 is represented by".
Listed
investments
Valuation in 2022
Valuation in 2023
Valuation in 2024
252,055
14,887
34,330
301,272
14.
INVESTMENT PROPERTY
FAIR VALUE
At 1 January 2024
and 31 December 2024
785,350
NET BOOK VALUE
At 31 December 2024
785,350
At 31 December 2023
785,350
15.
STOCKS
2024
2023
Stoths
4,257
5,623
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
8,485
13,9S3
5,147
15,116
22,438
20.263
17.
CURRENT ASSET INVESTMENTS
2024
2023
Unlisted investments
20,000
20,000
Page 14
continued...

The Dean & Chapter of S A Cathedral Grp
Notes to the Financial Statements - continued
for thè y•ar ond•d 31 D•cemb•r 2024
18.
CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Taxation and social security
other creditors
5,008
2,787
24,725
3,293
861
17,979
32,520
22,133
19.
MOVEMENT IN FUNDS
Net
movement
in fund5
Transfers
be￿en
funds
At
31112124
At 111124
Unrestricted funds
General fvnd
839,047
73,791
1,884
914,722
Restricted funds
Maintenance & Fabric of Buildings
The Dean's Library
Choir
Project
ESA Messy chvrch
T Club- ESA Berevement support group
Fridge- ESA Community fridge
Churchyard- ESA Churchyard and Cemelary
funds
C Yard
Forget- ESA forget me not aftemoons
Garden
516,590
202,350
98,103
9.430
407
551
3,047
33,772
550,362
202,350
96,103
9,430
265
561
7,773
(2,000)
148
10
6.319
1290)
11,593)
1.868
7,223
190
416
1,868
7.816
190
245
593
11711
840,175
38,671
11,883)
876,963
TOTAL FUNDS
1,679,222
112.462
1,791,685
Net movement in funds, included in Ihe above are as follows..
Incoming
resources
Resources
oxpended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
591.973
1518,7411
559
73,791
Restricted fund¥
Maintenance & Fabric of Buiklings
Choir
ESA Messy church
T ClukF ESA Berevement support group
Fridge- ESA Community fndge
C Yard
Garden
33.772
33.772
{2,000)
148
10
6,319
593
1171)
(2,0001
1911
239
10
8,353
1,115
233
12.034}
{522}
{404}
9.950
15.051}
33.772
38.671
TOTAL FUNDS
601,923
(523,7921
34,331
112.462
Page 15
onlinued...

The Dean & Chaptgr of S A Cathedral Grp
Notes to the Financial Statements - conlinued
for the year ended 31 December 2024
19.
MOVEMENT IN FUNDS - continued
Comparatives for movernent in funds
Net
movement
in funds
Transfers
betsveen
funds
At
31112123
At 111123
Unrestricted fund$
General fund
1,107,993
63.248
1332,194)
839,047
Restricted funds
Maintenance & Fabric of Buildings
The Dean's Library
Choir
Project
ESA Messy church
T CluEp ESA Berevement support group
Fridge- ESA Community fridge
Churchyard- ESA Churchyard and Cemetary
funds
C Yard
For9el- ESA for9et me not aftemoons
Garden
290,631
95,000
40,000
1,804
225,959
107,350
120,1001
18,431
269
520
12,072)
516,590
202,350
98.103
9,430
407
551
3,047
78.203
(10,8051
138
31
5,119
222
11.721}
1,646
1,868
7.223
190
416
190
416
436,379
71,603
332,193
840,175
TOTAL FUNDS
1,$44,372
134,851
11}
1,679,222
Comparative nel movement in funds, included in the above are as foll¢)ws'.
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrictsd funds
General fund
636,260
1586,8361
13.824
63,248
Restricted funds
Choir
Project
ESA Messy chLbrch
T Club- ESA Berevement support group
Fridg￿ ESA Community fridge
Churchyard- ESA Churchyard and Cemetsry
funds
C Yard
Garden
78.203
78,203
110.805}
138
31
5,119
{10,8051
{4671
605
31
6,436
11,3171
281
1,073
911
(591
12,7941
14951
222
{1,7211
416
87.540
{15,9371
71,603
TOTAL FUNDS
723,800
1602,7731
13,824
134,851
Page 16
continued...

The Dean & Chapter of S A Cathedral Grp
Nolès to thè Flnanclal Statements - continued
ft>r the ygar ended 31 December 2024
19.
MoVEmETr￿ IN FUNDS- continu?d
A current year 12 months and prior year 12 months combined position is as follow5=
Net
movement
in funds
Transfers
between
funds
Al
31112124
At 111123
Unrestrictod funds
General fund
1,107,993
137,039
{330,3101
914,722
Restricted funds
Maintenance & Fabric of Buildings
The Dean's Library
Choir
Project
ESA Messy church
T Club- ESA Berevemenl support group
Fridge- ESA Community fridge
Churchyard- ESA Chur¢hyard and Cemetary
funds
C Yard
Forget- ESA forget me not afternoons
Garden
290,631
95,000
40,000
1.804
33,772
225,959
107,350
120,1001
18,431
1211
520
13,6651
550,362
202,350
96.103
9.430
265
561
7,773
76,203
(10,8051
286
41
11,438
222
11,1281
1,868
7,816
190
245
8,944
190
245
436,379
110,274
330,310
876,963
TOTAL FUNDS
1,544,372
247,313
1,791,885
A current year 12 months and prior yeor 12 months combined net movement in funds. included in the above are as
foll¢)WS.'
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unmstrfcted fund8
General fund
1,228,233
11.105,577}
14,383
137,039
Re81rfcted funds
Maintenan¢e & Fabric of Buildings
Choir
Proj*
ESA Messy church
TClu& ESA Berevement support group
Fridg￿ ESA Community fridge
Churchyard- ESA Churchyard and Cemetary
funds
C Yard
Garden
33,772
33.772
76,203
110,805}
286
41
11,438
78,203
(2,000}
110,8051
{5581
41
14,789
13,3511
281
2,188
1,144
{591
13,3161
{8991
222
11,128)
245
97,490
(20,9881
33.772
110,274
TOTAL FUNDS
1,325,723
{1,126,5651
48,155
247.313
Page 17
continued...

Th& Dean & Chapter of S A Cathedral Grp
Notes to the Financial Statements . continuod
for the year ended 31 December 2024
20.
RELATED PARTY DISCLOSURES
Key management personnel ar8 not employed by the Dean & Chapter of St Asaph Cathedral and therefore do not
re￿1ve any rernunoration from this organisation.
21.
FINANCIAL PERFORMANCE OF THE DEAN & CHAPTER OF ST ASAPH CATHEDRAL
The consolidated Statement of Financial Activities includes the results of The Dean & Chapter of Sl Asaph Cathedral
and its wholly owned Subsidiary Translators, T&aroom Limited,. St Asaph Parish Church,. St Mary's Church, Cefn and
All Saints Church. Sinan.
The summary financial perfomiance of The Dean & Chapter of St Asaph Cathedral alone is..
2024
2023
l)onalions and legacies
Other trading aclivibes
Investment income
Grants
Other income
50,249
26.550
1,470
198,543
140,513
205,625
23,700
3.099
191,995
101,829
417,325
1314,2271
12,5201
526,248
1399,474)
12,520)
Expenditure on charitable activities
Support costs
Nel incomin9 resources - {deficit)Isurplus
100,578
124,254
22.
FINANCIAL PERFORMANCE OF ST ASAPH PARISH CHURCH
Included in the Statement of Financial Activities is the trading results of the Sl Asaph Parish Church.
The trading results of the Sl Asaph Parish Church alone is..
2024
2023
Donations and legacies
Other trading activities
Investment income
Grants
47,610
16,906
1,198
8,728
45,945
12,951
970
12,035
74,443
{Tl,7671
71.902
{71,288)
Expenditure on charitable activtties
Loss on sale of fixed asset
Net incoming resources- {deficitllsurplus
13,3241
614
Page 18
ontinued...

The Dean & Chapter of S A Cathedral Grp
Notes to the Financial Ststements - continued
for the year ended 31 December 2024
23.
FINANCIAL PERFORMANCE OF THE TRANSLATORS. TEAROOM LIMITED
The Dean & Chapter of St Asaph Cathedral owns the entire share eapital of the Translators, Tearoom Limited
{company no.112546561, which operates as a tearoom adjacent to the cathedral.
The trading results of th8 Translator5, Tearoom Limited alone is..
2024
2023
Income
97,681
118.384
Goods for resale
Admin ¢osts
137,360)
(78,875)
{42.856}
175.950)
Net Ideficit}Isurplus
(16,512)
1422}
interest payable
12771
(Lossllprofit in subsidiary
{16,7891
1422)
The assets and liabilities of the subsidiary were..
Fixed assets
Current a55ets
Current liabilities
2,926
15,068
139,853}
3,657
11,298
120,0251
Total net (liabililiesllassetg
121,859}
15,0701
Aggregate share capital and reserves
(21,859)
{5,070)
FINANCIAL PERFORMANCE OF ST MARY CEFN CHURCH
Included in the Stalement of Financial Aclivities is the trading results of the St Mary Church.
Tha trading results of the St Mary Church alone is-.
2024
2023
Donations and legacies
Other trading activities
8,583
1,757
10,687
2,189
10.340
111.668}
12,875
115,1221
785
Expenditure on ¢horitable activities
Loss on sale of fixed assets
Nel income resources- Ideficil}/surplus
11,328}
13,0321
Page 19
conb'nued...

The Doan & Chapter of S A Cathedral Grp
Notes to the Financial Statements - continued
for the year ended 31 December 2024
25.
FINANCIAL PERFORMANCE OF ALL SAINT SINAN CHURCH
Included in the Slalement of Financial Activities is the trading results of the All Saint Sinan Church.
The trading results of the All Saint Sinan along is..
2024
2023
tksnations and legacies
Interest
104
68
172
(5631
Expenditure on charitable a¢livities
{1,0951
Net income resources- Ideficit}/surplus
{1,0951
13911
Page 20

Tho Doan & Chapter of S A Cathedral Grp
Dgtailed Ststement of Flnanclal Aclivitie$
for thg year &nded 31 December 2024
2024
2023
INCOME AND ENDOWMENTS
Donation8 and legaci98
Donations
Legaaes
Grants
105.709
104,955
157,406
204,030
208,005
313,714
466,391
Other trading activities
Shop income
Rental income
Room hire
Ceremonies
99,723
26,550
11,904
6,7eo
113,384
23,700
10,669
4,475
144,937
152,228
Inveslm•nt intom
Income received from listed investments
Interest re￿1Vable- trading
1,470
1,289
3,099
1,038
2,759
4,137
Charilable activilieg
other income
140,513
101,829
othgr income
Gain on sale of tangible fixed assets
{785)
Total incoming ro$our¢ès
601,923
723.800
EXPENDITURE
Raising donations and legaeies
Goods for Tesale & shop costs
Shop wages costs
Shop admin Costs
37,360
67,612
11,540
42,856
68,907
7,044
116,512
118,807
Charitsble a¢livitios
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone
Parish share
Chaplains expenses
Deans Library running costs
Music costs
Choir expenses
Carried fO￿ard
141,211
9,827
2,064
21,643
67,371
1.382
36.913
834
6.979
14,449
7,896
310.569
91,488
9.447
1,996
20,446
45,167
1,414
92,759
634
6,993
11,691
5,367
287.402
This page does not form part of the statutory financial slatements
Page 21

Tho Doan & Chapter of S A Cathédral Grp
Detsiled Statement of Financial Activitie$
for the year ended 31 December 2024
2024
2023
¢haritablg activities
Brou9ht fO￿ard
Song school expenses
Car park management
Office expenses
Compuler expenses
Gifts and donations
Books. candles etc
Flowers
Catering and refreshments
Legal and professional fees
Repairs and renewals
Bank charges
Subscriptions
Miscellaneous expenses
Depreciation ol tangible fixed assets
310,569
7,191
3,105
14,492
1,147
520
1,581
547
1,350
3,159
46,113
395
619
3,500
10,472
287,402
6,408
2,254
8,452
2,389
470
4,856
566
9,213
4,466
145,574
61
1,200
4,346
3,789
404,760
481,446
Supportcosts
Governance costs
Auditors, remunerats'on
2,520
2,520
Total resou￿e5 ￿pended
523,792
602,773
Net income
78,131
121,027
This page does not forrn part of the statutory financial statements
Page 22