## **THE** # **ANNUAL REPORT AND FINANCIAL STATEMENTS, YEAR ENDING 31[ST] DECEMBER 2022** **OF** ## **THE CEDEWAIN MISSION AREA** **IN THE DIOCESE OF ST. ASAPH** **REGISTERED CHARITY No. 1176003** The trustees present their report with the financial statements of the charity for the year ended 31[st] December 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **Cedewain Mission Area Annual Report 2022** ## **REPORT FROM THE MISSION AREA by SUZANNE WARDELL, LAY MISSION AREA LEADER** In the Cedewain Mission Area (MA), 2022 saw the 9 churches rebuilding and consolidating their efforts in a post pandemic world. As everyone adjusted to open churches, resumption of services and the continuation of the outreach mission of their churches, the spiritual life of the MA continued to develop the spreading of God’s word among the people and communities in Mid Wales. Financially, the MA benefitted from aid from the Diocese Board of Finance and the Ruling Body of the Church in Wales, and the year ended with a new share formula which saw a different pattern of funding the work of the MA. Every church was able to agree this new formula with the diocese, and going forward, this pattern will be in place for 2023. The changing of the MA bank account from Santander to the Co-Op was a major achievement by the MA Treasurer, and as the time and administration cost involved was considerable, due to the large number of Trustees that were involved, discussions took place throughout the year to reduce the number of Trustees. Agreement was made to reduce the number, and this will happen in 2023. The major reordering of All Saints church in Newtown took place throughout 2022, and while the church was closed to public worship, the generosity and kindness of Ysgol Calon y Dderwen has enabled services to continue. The building project has involved members of the church community, local contractors and architect Charles Cowan, under the leadership of Revd. Canon Nia Morris and the MA Executive. The Shared Ministry Team continued to meet, both in person and via Zoom, and social events have been held to grow and build the SMT. The clergy, Readers and Worship Leaders lead a variety of services in the churches throughout the MA, with many ‘special’ services held to mark both local and national events. Both the Queen’s Platinum Jubilee and her late Majesty’s death were commemorated in services. After a break, due to Covid, the Properties Sub-Committee resumed meetings to discuss all matters related to the properties of the MA, and a new Chair was appointed. The Mission Area Action Plan continued to be developed from its beginnings in 2021, and each church reported to the Mission Area Leader (MAL) the status of their plans. One of the plans made by Tregynon church to create a community garden in the village has come to fruition, and the garden now has a volunteer base of some 20 people from the church and village community working together. Plant swaps, working party days and training courses have been held, and the planned official opening will take place in July 2023. The diocesan focus on Growing **Faith** , Bringing **Hope** , Demonstrating **Love** was launched in 2022, and will continue to be the focus of the MA for 2023. The MA continue to support Fair Trade, and the money raised from the sale of FT goods has been donated to charity. In October 2022, I was invited by the Bishop of St. Asaph to continue as MAL of Cedewain, and it was my great pleasure and honour to accept the invitation. I take this opportunity to thank everyone in the MA for all the work they do to sustain the aims of the church – the Shared Ministry Team, the trustees, the officers each church council and all our congregations – and I extend my personal thanks to my Warden, Clare Jones, for her support during 2022. Suzanne Wardell, MAL Cedewain ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1176003** ## **Mission Area Leader and Administrator** Suzanne Wardell ## **Principal address** Castell Y Dail House, Mochdre Lane, Newtown, Powys, SY16 4 JA ## **The Churches that make up the Mission Area** All Saints, Newtown, All Saints, Mochdre, St Llwchaiarn, Llanmerewig, St Llwchaiarn, Llanllwchaiarn, St Michael & All Angels, Kerry, St Cynon’s, Tregynon, St Beuno’s, Bettws Cedewain, St Gwyddelan, Llanwyddelan, St Gwynog’s Aberhafesp. ## **Trustees** **----- Start of picture text -----**
Name Appointed in Resigned in Office held
period period
Clergy Rev Canon Nia Parish Priest
Morris MAE
Rev Jeanette Parish Priest
Wilkes MAE
Mission Area Suzanne MAL, MAE
Leader Wardell
MAL’s Warden Clare Jones 8 [th] July 2021 MAL Warden
MAE
MA People’s Vacant
Warden
MA Treasurer Mary James MAT, MAE
Trustees Sylvia Stephens
Geraldine
Russell-Jones
Kath Wigley MAE
Steve Page MAE
Audrey Collett
Awel Davies
Ruth Hockly
Sarah Rendall
Pam Thompson MAE
Shirley Gethin
Paul Wardell 28 [th] April 2022 Chair Property
Sub Committee
Amanda April 28 [th] 2022
Eastwood
Liz Davies April 2022
Arthur
Mountford
Peter GA and GADS
Thompson Secretary
Richard
Bresnen
Miles James April 28 [th] 2022
Wendy Gardner April 28 [th] 2022
Penny Evans February 22 [nd]
2022
Angela Hamer
Jean Williams
**----- End of picture text -----**
## **Independent examiner** M D Coxey Chartered Accountants and Registered Auditors 25 Grosvenor Road, Wrexham LL11 1BT ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. The Church in Wales is governed by its Constitution, set up under section 13 (1) of the Welsh Church Acts 1914, as amended from time to time by its Governing Body. The Cedewain Mission Area Conference is not a body corporate. Its composition, procedures and powers are regulated by the constitution, which provides that before assuming office, every member must sign a declaration that he or she will be bound by the Constitution. The Constitution provides that the members of the Cedewain Mission Area Conference shall be: The Incumbent, Vicars and Assistant Curates; two Church Wardens, one appointed by the Incumbent and one elected at the Annual Vestry Meeting; two Sub-wardens for each Church where there is no more than one Church in the Cedewain Mission Area, one appointed by the Incumbent and one elected at the Annual Vestry Meeting; Up to 25 lay members elected at the Annual Vestry Meeting; co-opted Secretary and Treasurer (if not already ex-officio or elected); and up to 7 further co-opted members. Lay, communicant persons over the age of 16 may be entered on an Electoral Roll (subject to certain conditions) and all such persons, so entered, are entitled to vote and stand for election. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES** As required by the Charities Act 2011, the Cedewain Mission Area Conference has given due regard to guidance published by the Charity Commission in respect of the operation of the public benefit requirement. The activities undertaken to fulfil the Cedewain Mission Area Conference's purposes for the public benefit are described and detailed hereunder. The Church in Wales is a Province within the Anglican Communication and seeks to advance the Christian religion through world-wide mission. It is the responsibility of the Cedewain Mission Area Conference and the Incumbent to work together and co-operate in all matters of concern and importance to the Cedewain Mission Area for the promotion of the mission of the church, pastoral, evangelistic, social and ecumenical in the Mission Area. The Cedewain Mission Area Conference is responsible, inter-alia, for the Mission Area budget and all expenditure thereunder, the care and maintenance of Church fabric and of the Churchyards, and for any action or other matter referred to it in accordance with the Constitution, and is the normal channel of communication between the Cedewain Mission Area and the Diocesan Bishop. ## **Public benefit** The Cedewain Mission Area Conference provides a benefit to the public as follows: - a) encourage and support all 9 churches to develop into centres of Christian faith and committed discipleship, promoting spirituality, prayer and witness with community concern and action - b) recognise and value the unique nature of each of the 9 churches and strive to discern a way for the churches to work together and complement each other - c) establish mission area-wide initiatives to extend the outreach of each church. The way the Cedewain Mission Area hopes to do this by: - - d) identifying and utilising the skills, talents and resources within each church community - e) developing effective means of communication between the churches and beyond - f) encouraging and supporting individual church initiatives g) launching projects which involve all of the churches and communities ## **Cedewain Mission Area** ## **Statement of Financial Activities For the year ended 31st December 2022** **----- Start of picture text -----**
Unrestricted Restricted Endowment Total Prior year
Notes funds funds funds funds total funds
Income and endowments from:
Donations and legacies 147,346 161,459 - 308,804 267,648
Other trading activities 2 30,072 52,687 - 82,759 43,325
Investments 3 30,441 4,259 - 34,699 5,713
Other income 4 9,670 1,466 - 11,136 129,948
Total income 217,528 219,870 - 437,398 446,634
Expenditure on:
Raising funds 5 124,776 - - 124,776 80,501
Expenditure on charitable activities 71,593 269,526 - 341,119 76,236
Other expenditure 6 975 209 - 1,184 73
Total expenditure 197,345 269,735 - 467,080 156,810
Gains / losses on investment assets - 1,172 - 1,172 (4,534)
Net income / (expenditure) resources before transfer 20,183 (48,692) - (28,509) 285,291
Transfers
Gross transfers between funds - in 246,083 16,416 - 262,498 9,492
Gross transfers between funds - out (252,754) (9,744) - (262,498) (9,492)
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use - - - - -
Net movement in funds 13,511 (42,021) - (28,509) 285,291
Reconciliation of funds
Total funds brought forward 267,060 615,148 - 882,209 596,918
Total funds carried forward 280,572 573,127 - 853,699 882,209
**----- End of picture text -----**
## **Cedewain Mission Area Balance sheet As at 31 December 2022** |**Notes**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**Fixed assets**
Social Investments
8
23,000
72,385
-
95,385
**Current assets**
Cash at bank and in hand
257,572
500,743
-
758,315
**Net current assets less current liabilities**
**280,572**
**573,127**
**-**
**853,699**
**FUNDS**
Unrestricted funds
9
280,572
Restricted funds
573,127
Endowment funds
-
**853,699**|**Notes**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**Fixed assets**
Social Investments
8
23,000
72,385
-
95,385
**Current assets**
Cash at bank and in hand
257,572
500,743
-
758,315
**Net current assets less current liabilities**
**280,572**
**573,127**
**-**
**853,699**
**FUNDS**
Unrestricted funds
9
280,572
Restricted funds
573,127
Endowment funds
-
**853,699**|**Notes**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**Fixed assets**
Social Investments
8
23,000
72,385
-
95,385
**Current assets**
Cash at bank and in hand
257,572
500,743
-
758,315
**Net current assets less current liabilities**
**280,572**
**573,127**
**-**
**853,699**
**FUNDS**
Unrestricted funds
9
280,572
Restricted funds
573,127
Endowment funds
-
**853,699**| |---|---|---| ||**280,572**
**573,127**
**-**|**853,699**| |||280,572
573,127
-| |||**853,699**| The financial statements were approved by the Board of Trustees and authorised for issue on …......................... And were signed on its behalf by: …................... Trustee ## **Cedewain Mission Area** ## **Notes to the financial statements for the year ended 31 December 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effictive 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activites 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 commiting the chairty to that expenditure, it is probale that a transfer pf economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The chairty is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particulat purposes wothin the objectives of the charity. Restrictions arise when specified by the donar or when funds are raised for particular restricted purposes. |**2.**
**OTHER TRADING ACTIVITIES**
Fund raising events
Fees for occasional offices
Fees for weddings, blessings etc
Sundry income
**3.**
**INVESTMENT INCOME**
Investment income and interest received
**4.**
**OTHER INCOME**
Insurance claim
Sale of fixed assets
Sale of investments
**5.**
**RAISING FUNDS**
Vergers, organists & choirs
Parish share
**6.**
**OTHER EXPENDITURE**
Bank charges|**£**
31,538
1,191
22,417
27,613| |---|---| ||82,759| ||**£**| ||34,699| ||**£**
840
1,250
9,046| ||11,136| ||**£**
1,671
123,106| ||124,776| ||**£**
1,184| ||1,184| ## **7. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st December 2022 ## **Trustees' expenses** There were no trustees' expenses paid for the the year ended 31st December 2022 ## **Cedewain Mission Area** ## **Notes to the financial statements - continued for the year ended 31 December 2022** ## **8. SOCIAL INVESTMENTS** **£** |MARKET VALUE
at 1st January 2022
Movement in year
NET BOOK VALUE
at 31st December 2022|48,188
47,197
95,385| |---|---| ||**95,385**| ## **9. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Building Fund
Facing the future
Old school fund
Storytellers fund
MA support fund
Craft fund
Café
Youth & children funds
Dolfor Church
Fair trade café fund
**Restricted funds**
Admin
Ambry fund
Building fund
Building fund
Churchyard funds
Churchyard funds
Churchyard funds
Churchyard funds
Churchyard funds
Mochdre churchyard fund
News Letter
Clock fund
Grace & light fund
John Griffiths Charity
Llan church yard fund
Llan maint fund
Lunch
Organ fund
St Davids church yard fund
Tower Room
Youth & children funds
Prior year adjustment - Newtown
**TOTAL FUNDS**|At 1/1/22
Net movement
in funds
Tranfers
between
funds
At 31/12/22
£
£
£
£
215,896
(10,460)
4,442
209,879
-
28,727
28,727
2,995
(2,995)
-
35,236
1,455
36,691
2,110
2,110
541
(541)
-
900
147
1,046
114
383
498
638
638
7,578
(7,578)
-
1,053
(68)
985| |---|---| ||267,060
20,183
(6,672)
280,572
-
(250)
3,536
3,286
1,075
1,075
287,478
(86,038)
201,440
132,276
(1,369)
130,907
12,381
12,381
38,912
(3,662)
35,250
3,341
279
3,620
3,347
3,347
11,806
798
165
12,769
26,293
2,006
28,299
-
6,814
6,814
405
1
406
519
7,180
7,699
-
19,595
19,595
56,634
(2,395)
(88)
54,151
7,038
3,532
10,570
5,470
(3,089)
2,382
2,666
8,378
11,044
23,754
(229)
23,525
5
5
1,750
(243)
1,507| ||615,145
(48,689)
3,614
570,069
3,058
3,058| ||882,206
(28,506)
-
853,699| ## **Cedewain Mission Area** ## **Notes to the financial statements - continued** ## **for the year ended 31 December 2022** ## **10. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
Building fund
Old school fund
Craft fund
Café
Fair trade café fund
**Restricted funds**
Admin
Building fund
Building fund
Churchyard funds
Churchyard funds
Churchyard funds
Mochdre churchyard fund
News Letter
Grace & light fund
John Griffiths Charity
Llan church yard fund
Llan maint fund
Lunch
Organ fund
St Davids church yard fund
Tower Room
Youth & children funds|Incoming
resources
Resources
expended
Movement in
funds
£
£
£
183,443
193,903
(10,460)
28,727
28,727
3,152
1,697
1,455
147
147
399
16
383
1,661
1,729
(68)| |---|---| ||217,528
197,345
20,183| ||250
(250)
157,834
243,872
(86,038)
2,000
3,369
(1,369)
1,198
4,861
(3,662)
710
431
279
798
798
2,582
576
2,006
7,125
311
6,814
7,180
7,180
20,191
596
19,595
7,489
9,886
(2,395)
3,645
113
3,532
640
3,729
(3,089)
8,378
8,378
230
(229)
100
95
5
243
(243)| ||219,870
268,563
(48,690)| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st December 2022 ## **Cedewain Mission Area** ## **Detailed Statement of Financial Activities for the year ended 31 December 2022** ## **£** |**INCOME AND ENDOWMENTS**
**Donations & legacies**
Gifts
Donations
Gift aid
Legacies
Grants
**OTHER TRADING ACTIVITIES**
Fund raising events
Fees for occasional offices
Sundry income
**INVESTMENT INCOME**
Investment and bank interest
**OTHER INCOME**
Sale of assets
Sale of investments
Insurance claim
**Total incoming resources**
**EXPENDITURE**
**Expenditure on raising funds**
Vergers, organists and choir
Parish share
**Charitable activity**
Children & young people
Church publications
Parish mission work
Support of diocesan projects
Support of church charities
Support of external charities
Fundraising costs
World mission giving
Gifts
Clergy expenses
**Support costs**
Rates & water
Insurance
Light & heat
Telephone
Postage & stationery
Carried forward|61,780
44,500
73,127
16,000
113,398| |---|---| ||308,804
53,955
1,191
27,613| ||82,759
34,699
1,250
9,046
840| ||11,136| ||**437,398**| ||1,671
123,106| ||124,776
64
1,581
715
160
4,456
4,280
361
15,030
2,338
5,159| ||34,145
1,090
6,951
13,032
451
442
21,965| ## **Cedewain Mission Area** ## **Detailed Statement of Financial Activities** ## **for the year ended 31 December 2022** |**Support costs**
Brought forward
Repairs & maintenance
Cleaning
Leasing
Professional fees
Maintenance of services
**Finance**
Bank charges
Gain on disposal of investments
**Total resources expended**
**NET INCOME**|21,965
253,671
48
391
27,604
3,296| |---|---| ||306,975
1,184
1,172| ||**465,907**| ||| ||**(28,509)**| INDEPENDENT EXAMINER'S REI)offfTO The Ce￿￿alTh Mlsslon Area I report on the accounts for the year ended 315t December 2022. Respecove reSp￿SIbIlI￿e$ of ejomlner It is my responsibility to= examine the accounts under section 145 of the 2011 Act) to follow the procedures laid down in the General Directions given by the Charity Comrni55ioners lunder secti¢)n 14515llbl of the 2011 Act). and to state vthether particular matters have come to my attention. Basls of Independent eKamlner's repwt My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounts.ng records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual rtems or disclosures in the accounts and seeking explanation5 from you as trustees conceining any 5u¢h rnatters. The procedures undertaken do not provide all the evidence that would be required in an Judit and consequently no opinion is ￿'Ven as to whether the accounts present a 'true and fair and the report is limited to those matters set out in the staternent below. Indepwdent ex•mlnrfs statement In connection with my examination. no matter has come to my attention: 11 whkh gives Me reasonable Cause to believe that in any material respect the requirements al to keep accounting records in accordance with section 130 of the 2011 Act; and bl to prepare accounts which èccord with the accountin8 records and compty with the accounting requirements of the 2011 Act have not been met,. or 21 which, in my opinion, attention should be drawn in order to enable a proper understsndlng of the accounts to be reached. (Slqnedj (Name) L￿J￿L_Ikj.frH￿.----. {DoteJ- --1I104Jd3___ (Qualfjcation, if anyj rAddre55J Annual Rewrt and Financial state￿nts Approved by the Cedewain Mission Area Conference April 19° 2023 Approved and signed....... .... Date.. 14 Suzanne Wardell Lay Mission Area Leader Approved and signed...................... Mary James Mission Area T￿#sUrer For the Mission Area Executive