2021-12-31-accounts - Aled Mission Area

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			Page
Reportofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes tothe Cash Flow	Statement		10
Notes tothe Financial Statements		11	to	22
Detailed Statement ofFinancial Activities		23	to	24

			forthe year end	ed 31December	2021
						2021	2020
			Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	funds	funds
		Notes	f	E	f	E	E
INCOME AND	ENDOWMENTS
FROM
Donations and	legacies		478,681	41,516		520,257	451,495
Other trading	activities		14,464	1,682		76,146	22,820
Investment income			10,095	120		70,215	78,537
Total			623,240	43,378		666,618	552,852
EXPENDITURE	ON
Raising funds			465,119	e,e79		471,798	381,848
Charitable activities
Costs ofgenerating voluntary
income			49,154			49,254	65,632
Total			514,273	6,779		521,052	447,480
Net gains/(losses) on investments
			11,163	571	458	12,192	(170,030)
NET INCOME/(EXPENDITURE)			120,130	37,170	458	157,758	(64,658)
Transfers between funds		17	(27,072)	27,072
Net movement	in funds		93,058	64,242	458	157,758	(64,658)
RECONCILIATION OF FUNDS
Total funds brought forward			1,470,284	200,914	12,158	1,683,356	1,748,013
TOTAL FUNDS	CARRIED FORWARD
			1,563,342	265,156	12,616	1,841,114	1,683,355

						2021	2020
			Unrestricted	Restricted	Endowment	Total	Total
		Notes	funds f	funds f	fundsf	funds f	funds
FIXEDASSETS
Tangible assets		10	67,650			67,650	636,389
Investments
Investments		11	28,681	677	12,616	41,974	38,903
Investment	property	12	530,000			530,000
Other investments		13	411,336	81,043		492,379	283,452
			1,037,667	81,720	12,616	1,132,003	958,744
CURRENT ASSETS
Debtors		14		198		198	268
Cash at bank			548,994	161,032		710,026	753,696
			548,994	161,230		710,224	753,964
CREDITORS
Amounts fatling due within one
year		15	(23,318)	22,205		(1,113)	(29,353)
NET CURRENT ASSETS			525,676	183,435		709,111	724,611
TOTAL ASSETS LESSCURRENT
LIABILITIES			1,563,343	265,155	12,616	1,841,114	1,683,355
NETASSETS			1,563,343	265,155	12,616	1,841,114	1,683,355
FUNDS		17
Unrestricted	funds					1,563,343	1,470,284
Restricted funds						265,155	200,913
Endowment	funds					12,616	12,158
TOTAL FUNDS						1,841,114	1,683,355

				forthe year ended 31	December 2021
					2021	2020
				Notes	f	f
Cash flows from operating	activities
Cash generated from operations					131,515	94,764
Net cash provided by operating		activities			131,515	94,764
Cash flows from investing	activities
Purchase oftangible fixed assets Purchase ofother investments					(64,814) (199,806)	1
Sale oftangible fixed assets					100,000	3,569
Interest received					1,230	1,132
Dividends received					11,272	&,382
Net cash (used in)/provided	by investing			activities	(152,118)	13,084
Change in cash and cash equivalents			in	the
reporting period					(20,603)	107,S4&
Cash and cash equivalents	atthe beginning of
the reporting period					730,458	622,610
Cash and cash equivalents	atthe end		ofthe
reporting period					709,S55	730,458

forthe year e	forthe year e	forthe year e	forthe year e	forthe year e	forthe year e	nded 31December 2021	nded 31December 2021
RECONCIUATION OF NET INCOME/(EXPENDITURE)						TO NET CASH FLOW FROM		OPERATING	ACTIVITIES
									2021	2020
										f
Net income/(expenditure)			forthe reporting	period		(as per the Statement of
Financial Activities)									157,758	(64,658)
Adjustments for:
Depreciation charges									3,554
(Gain)/losses on investments									(12,192)	170,030
Interest received									{1,230)	(1,132)
Dividends received									(11,272)	(8,382)
Decrease/(increase)		in debtors							70	(198)
Decrease in creditors									(5,173)	{896)
Net cash provided	by operations								131,515	94,764
ANALYSIS OF CASH	AND CASH EQUIVALENTS
									2021	2020
									f	f
Notice deposits (less		than 3 months)							710,026	753,696
Overdrafts included		in bank	loans and overdrafts		falling due within one year				(171)	(23,238)
Total cash and cash	equivalents								709,855	730,458
ANALYSIS OF CHANGES IN			NET FUNDS
						At	1/1/21		Cash flow	At 31/12/21
								f	f	f
Net cash
Cash at bank							753,696		(43,670)	710,026
Bank overdraft							(23,238)		23,067	(171)
							730,458		(20,603)	709,855
Total							730,458		(20,603)	709,855

DONATIO	NS AND LEGACIES
		2021f	2020 f
Gifts		140,845	81,382
Donations		50,713	213,034
Gift aid		37,304	39,504
Legacies		146,635	36,942
Grants		114,580	77,949
Charitable	activities	24,830
Donated	services and facilities		2,484
Insurance	claims	5,350	200
		520,257	451,495

	Grants received, included	Grants received, included	Grants received, included	Grants received, included	the above, are as follows:
						2021	2020
						f	f
	Support ofcharitable		activities			114,580	77,949
3.	OTHER TRADING ACTIVITIES
						2021	2020
						f	f
	Fundraising events					76,146	22,820
4.	INVESTMENT INCOME
						2021	2020
						f	f
	Rents received					57,713	69,023
	Other fixed asset invest			—Fll		11,272	8,382
	Deposit account interest					1,230	1,132
						70,215	78,537
5.	RAISING FUNDS
	Raising donations	and	legacies
						2021	2020
						f	f
	Support costs					149,127	138,211
	Other trading activities
						2021	2020
						f	f
	Parish share						231,991
	Vergers, organists	and	choir			9,417	9,941
	Music and performance			expenses		3,600	1,705
	Cost ofmeetings					20
	Diocesan share					309,634
						322,671	243,637
	Aggregate amounts					471,798	381,848
6.	CHARITABLE ACTIVITIES			COSTS
							Direct
							Costs
							f
	Costs ofgenerating	voluntary			income		49,254

SUPPO	RT COSTS
								Governance
				Management	Finance	Other	2	costs	Totals
				E	E	E			f
Raising	donations	and	legacies
				142,483	1,600				149,127

		Unrestricted	Restricted	Endowment	Total
		funds	funds	funds	funds
		f	f	f	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		452,867	(1,372)		451,495
Other trading activities		22,687	133		22,820
investment income		69,367	9,170		78,537
Total		544,921	7,931		552,852
EXPENDITURE ON
Raising funds		370,045	11,803		381,848
Charitable activities
Costs ofgenerating voluntary	income	65,068			65,632
Total		435,113	12,367		447,480
Net gains/(losses) on investments		(171,886)	1,161	695	(170,030)
NET INCOME/(EXPENDITURE)		(62,078)	(3,275)	695	(64,658)
Transfers between funds		(10,072)	10,072
Net movement in funds		(72 150)	G707	695	(64,658)
RECONCILIATION OF FUNDS
Total funds brought forward		1,542,434	194,116	11,463	1,748,013
TOTAL FUNDS CARRIED FORWARD		1,470,284	200,913	12,158	1,683,355

TANGIBLE FIXEDASSE	TS
			Improvements	Fixtures
		Freehold	to		and
		property	property		fittings	Totals
						f
COST
At 1January 2021		630,000			19,282	649,282
Additions			64,814			64,814
Disposals		(100,000}				(100,000}
Reclassification		(530,000)				(530,000)
At31December 2021			64,814		19,282	84,096
DEPRECIATION
At 1January 2021					12,893	12,893
Charge foryear					3,553	3,553
At31December 2021					16,446	16,446
NET BOOK VALUE
At31December 2021			64,814		2,836	67,650
At31December 2020		630,000			6,389	636,389
FIXEDASSET INVESTMENTS
						Listed
						investments
						E
MARKET VALUE
At 1January 2021						38,903
Unrealised investment	gains					3,071
At31December 2021						41,974
NET BOOK VALUE
At31December 2021						41,974
At 31December 2020						38,903

Cost orva	lua	tion at31December 2021is represented by:
			Listed
			investments
			E
Valuation	in	2021	3,071
Cost			38,903
			41,974

OTHER INVESTMENTS
	Other
	investments
	f
MARKET VALUE
At 1ianuary 2021	283,452
Additions	199,806
Revaluations	9,121
At 31December 2021	492,379
NET BOOK VALUE
At 31December 2021	492,379
At 31December 2020	283,452

Cost orva	luation at3	1December 2021 is represented by:
				Other
				investments
				f
Valuation	in 2021			9,121
Cost				483,258
				492,379
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
			2021	2020
			f	f
Trade debtors			198	268

		forthe year ended 31December 202	forthe year ended 31December 202	1
15.	CREDITORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2021	2020
				f	E
	Bank loans and overdrafts		(see note 16)	171	23,238
	Trade creditors			942	6,115
				1,113	29,353
16.	LOANS
	An analysis ofthe maturity		of loans is given below:
				2021	2020
					E
	Amounts falling due within		one year on demand:
	Bank overdrafts			171	23,238

MOVEMENT IN F	UN	DS
								Net	Transfers
								movement	between	At
							At 1/1/21	in funds	funds	31/12/21
								E		E
Unrestricted funds
General fund							1,459,428	69,738	(34,257)	1,494,909
Designated Funds							9,723	(16,908)	7,185
RSGarden Fund							1,133			1,133
Beryl Lloyd Memorial		{Designated)						500		500
Reordering fund {Designated)								66,801		66,801
							1,470,284	120,131	(27,072)	1,563,343
Restricted funds
CIF							16,444			16,444
Churchyard Maintenance			Fund				231			3,009
COIF Restoration	Fund						9,988			9,988
Church Yard Fund							4,585	1,261		5,846
Llanelian Churchyard		Fund					14,023			14,023
St Michaels Church Yard							6,748			6,748
Trofarth Church Yard							674			674
Churchyard								158	13,643	13,801
Churchyard Fund							15,740	(148)	(13,214)	2,378
Churchyard fund							65,934			65,934
Outdoor Crib							5,000			5,000
Frost Trust Fund							3,139	237		3,376
Organ Fund within	Frost Trust						444	249	63	756
CCLA Organ Fund							1,482			1,482
Restoration							(3,006)		2,091	(915)
Social &Pastoral							2,133			2,142
Colwyn Bay CCYouth		Work							1,000	1,000
Agency Collections							(23,291)	23,291	23,489	23,489
SED Memorial (Designated)			Fund				1,035			1,035
Deposit Account (Designated)				Fund			74,482			74,482
5tTrillo Chancel Repair Fund				{Restricted)		Fund
							445	232		677
StAsaph DBFAdministrator			Grant				4,202	4,102		8,304
DBFCoronavirus Emergency				Fund Grant			482			482
Martin Stewart Bequest								5,000		5,000
							200,914	37,169	27,072	265,155
Endowment funds
StTrillo L I Leather	Legacy		(Endowment)			Fund
							7,081	748		7,829
StTrillo Somers Gift (Endowment)					Fund		5,077	(290)		4,787
							12,158	458		12,616
TOTAL FUNDS							1,683,356	157,758		1,841,114

Net movement in funds, included	Net movement in funds, included	Net movement in funds, included	in the	above are asfollows:
				Incoming	Resources	Gains and	Movement
				resources E	expended f	losses	in funds E
Unrestricted funds
General fund				572,840	(514,265)	11,163	69,738
Designated Funds					(16,908)		(16,908)
Beryl Lloyd Memorial	(Designated)			500			500
Reordering fund (Designated)				49,900	16,901		66,801
				623,240	(514,272}	11,163	120,131
Restricted funds
Churchyard Maintenance		Fund		3,399	(621)		2,778
Church Yard Fund				1,511	(250}		1,261
Churchyard				4,472	(4,314)		158
Churchyard Fund				1,087	(1,235)		(148)
Frost Trust Fund				60	(162}	339	237
Organ Fund within Frost Trust				249			249
Social5Pastoral				9			9
Agency Coilections				23,291			23,291
StTrillo Chancel Repair Fund (Restricted)				Fund
						232	232
StAsaph DBFAdministrator		Grant		4,300	(198)		4,102
Martin Stewart Bequest				5,000			5,000
				43,378	(6,780)	571	37,169
Endowment funds
StTrillo L I Leather Legacy		(Endowment)		Fund
						748	748
StTrillo Somers Gift (Endowment)			Fund			(290)	(290)
						458	458
TOTAL FUNDS				666,618	(521,052)	12,192	157,758

Comparatives for movement	Comparatives for movement	Comparatives for movement	Comparatives for movement	in funds	in funds
								Net	Transfers
								movement	between	At
							At 1/1/20	in funds	funds	31/12/20
							E	E	E	E
Unrestricted funds
General fund							1,530,078	(60,445)	(10,205)	1,459,428
Designated Funds							11,223	(1,500)		9,723
RSGarden Fund							1,133			1,133
Spyce								(133)
							1,542,434	(62,078)	(10,072)	1,470,284
Restricted funds
Organ fund								(9,108)	9,108
CIF							15,354	1,090		16,444
Churchyard Maintenance			Fund				17	214		231
COIF Restoration	Fund						10,051	(63)		9,988
Church Yard Fund							4,316	269		4,585
Llanelian Churchyard		Fund					14,023			14,023
St Michaels Church Yard							6,748			6,748
Trofarth Church Yard							674			674
Churchyard Fund							14,619		964	15,740
Churchyard fund							65,934			65,934
Outdoor Crib							5,000			5,000
Frost Trust Fund							2,896	243		3,139
Organ Fund within	Frost Trust						131	313		444
CCLA Organ Fund							1,482	(1)		1,481
Restoration							(2,093)	(913)		(3,006)
Social 8.Pastoral							2,133			2,133
Agency Collections							(23,291)			(23,291)
SEDMemorial (Designated)			Fund				1,035			1,035
Deposit Account (Designated)				Fund			74,482			74,482
StTrillo Chancel Repair Fund				(Restricted)		Fund
							559	(114)
HSBC Restoration	Fund						46	(46)
StAsaph DBFAdministrator			Grant					4,202		4,202
DBFCoronavirus Emergency				Fund	Grant			482		482
							194,116	(3,275)	10,072	200,913
Endowment funds
StTrillo L I Leather	Legacy (Endowment)					Fund
							6,676	405		7,081
StTrillo Somers Gift (Endowment)					Fund		4,787	290		5,077
							11,463	695		12,158
TOTAL FUNDS							1,748,013	(64,658)		1,683,355

Comparative	net		movement	movement	in funds,	in funds,	included	in the above are as follows:
								incoming	Resources		Gains	and	Movement
								resources	expended		losses		in funds
								E	E		E		E
Unrestricted	funds
General fund								546,554	(435,113)		(171,886)		(60,445)
Designated	Funds							(1,500}					(1,500)
Spyce								(133)					(133)
								544,921	(435,113)		(171,886)		(62,078}
Restricted funds
Organ fund								(9,108}					(9,108)
CIF								(1)			1,091		1,090
Churchyard	Maintenance			Fund				1,635	(1,421)				214
COIF Restoration			Fund					(63)					(63)
Church Yard	Fund							547	(278)				269
Churchyard	Fund							8,163	(8,006)				157
Frost Trust Fund								59				184	243
Organ Fund	within		Frost Trust					250				63	313
CCLA Organ	Fund							62				(63)	(1)
Restoration								133	(1,046)				(913)
StTrillo Chancel Repair Fund					(Restricted)		Fund
											(114)		(114)
HSBC Restoration			Fund					{46)					(46)
StAsaph DBFAdministrator					Grant			4,300		(98)			4,202
DBFCoronavirus		Emergency			Fund	Grant		2,000	(1,518)				482
								7,931	(12,367)		1,161		(3,275)
Endowment	funds
StTrillo L I Leather			Legacy	(Endowment}			Fund
											405		405
StTrillo Somers Gift (Endowment)						Fund					290		290
											695		695
TOTAL FUNDS								552,852	(447,480)		(170,030)		(64,658)

								Net	Transfers
								movement	between	At
								in funds f	funds f	31/12/21
Unrestricted funds
General fund							~30,078	9,293	(44,462)	1,494,909
Designated Funds							11.223	(18,408)	7,185
RSGarden Fund							1,133			1,133
Spyce								(133)	133
Beryl Lloyd Memorial		(Designated)						500		500
Reordering fund (Designated)								66+01		66,801
							1,542,434	58,053	(37,144)	1,563,343
Restricted funds
Organ fund								(9,108)	9,108
CIF							15,354	1,090		16,444
Churchyard Maintenance			Fund				17	2,992		3,009
COIF Restoration	Fund						10,051	(63)		9,988
Church Yard Fund							4@16	1,530		5,846
Llanelian Churchyard		Fund					14,023			14,023
St Michaels Church Yard							6,748			6,748
Trofarth Church Yard							674			674
Churchyard								158	13,643	13,801
Churchyard Fund							14,619	9	(12,250)	2,378
Churchyard fund Outdoor Crib							65+34 5~			65,934 5,000
Frost Trust Fund							2,896			3,376
Organ Fund within	Frost Trust						131	562		756
CCLA Organ Fund							1,482	(1)		1,481
Restoration							(2,093)	(913)	2,091	(915)
Social $.Pastoral							2,133			2,142
Colwyn Bay CCYouth		Work							1,000	1,000
Agency Collections							(23,291)	23,291	23,489	23,489
SEDMemorial (Designated)			Fund				1,035			1,035
Deposit Account (Designated)				Fund			74,482			74,482
StTrillo Chancel Repair Fund				(Restricted)		Fund
							559	118		677
HSBC Restoration	Fund							(46)
StAsaph DBFAdministrator			Grant					8,304		8,304
DBFCoronavirus Emergency				Fund	Grant			482		482
Martin Stewart Bequest								5,000		5,000
							194„116	33,894	37,144	265,154
Endowment funds
StTrillo L I Leather	Legacy (Endowment)					Fund
							6,676	1,153		7,829
StTrillo Somers Gift (Endowment)					Fund		4,787			4,787
							11,463			12,616
TOTAL FUNDS							1,748,013	93,100		1,841,113

						Incoming	Resources	Gains and	Movement
						resour'ces	expended	losses	in funds
						E	E	E	f
Unrestricted funds
General fund						1,119,394	(949,378)	(160,723)	9,293
Designated Funds						(1,500)	(16,908)		(18,408)
Spyce						(I-'B)			{133)
Beryl Lloyd Memorial		(Designated)				500			500
Reordering fund (Designated)						49,900	16,901		66,801
						1,168,161	(949,385)	(160,723)	58,053
Restricted funds
Organ fund						(9,108)			(9,108)
CIF						(1)		1,091	1,090
Churchyard Maintenance			Fund			5,034	(2,042)		2,992
COIF Restoration	Fund					(63)			(63)
Church Yard Fund						2,058	(528)		1,530
Churchyard						4,472	(4,314)		158
Churchyard Fund						9,250	(9,241)		9
Frost Trust Fund						119	(162)	523	480
Organ Fund within	Frost Trust					499		63	562
CCLA Organ Fund						62		(63)	(1)
Restoration Social5 Pastoral						133 9	{1,046)		(913) 9
Agency Collections						23,291			23,291
StTrillo Chancel Repair		Fund		(Restricted)	Fund
								118	118
HSBC Restoration	Fund					(46)			{46)
StAsaph DBFAdministrator				Grant		8,600	(296)		8,304
DBFCoronavirus Emergency				Fund Grant		2,000	(1,518)		482
Martin Stewart Bequest						5,000			5,000
						51,309	(19,147)	1,732	33,894
Endowment funds
StTrillo L I Leather	Legacy		(Endowment)		Fund
								1,153	1,153
TOTAL FUNDS						1,219,470	(968,532)	f157,838)	93„.100
RELATED PARTy DISCLOSURES

	forthe year ended 3	1December 2021
		2021f	2Q20
INCOME AND ENDOVIMENIS
Donations and legacies
Gifts		140,845	81,382
Donations		50,713	213,034
Gift aid		37,3Q4	39,504
Legacies		146,635	36,942
Grants		114,580	77,949
Charitable activities		24,830
Donated services and facilities			2,484
Insurance claims		5,350	200
		520,257	451,495
Other trading activities
Fundraising events		76,146	22,820
Investment income
Rents received		57,713	69,023
Other fixed asset invest- Fll		11,272	8,382
Deposit account interest		1,230	1,132
		70,215	78,537
Total incoming resources		666,618	552,852
EXPENDITURE
Other trading activities
Parish share			231,991
Vergers, organists and choir		9,417	9941
Music and performance	expenses	3,600	1,705
Cost of meetings		20
Diocesan share		309,634
		322,671	243,637
Charitable activities
Children &young people		1,312	797
Church publications		35	28
Parish mission work		6,635	7,888
Support ofdiocesan projects		220	330
Support of church charities		476	18
Support ofexternal charities		2,430	1,113
Fundraising costs		1,564	1,054
Clergy expenses		4,885	939
Parish administrator		22,678	28,432
Leasing and hire costs		1,073	936
General expenditure		7,946	24,097
		49,254	65,632
Support costs
Management
Rates and water		2,953	307
Insurance		19,198	17,594
Light and heat		31,196	41,140
Carried forward		53,347	59,041

		forthe year ended 3	1December 2021
			2021	2020
			E	E
Management
Brought forward			53,347	59,041
Telephone			3,862	3,442
Postage and	stationery		2,861	2,578
Repairs and	maintenance		59,514	32,685
Cleaning			1,181	656
Maintenance	ofservices		5,057	3,014
Depreciation			3,554	3,569
Churchyard	management	costs	13,107	21,140
			142,483	126,125
Finance
Bank charges			1,600	25
Governance	costs
Professional	fees		244
Accountancy	and legal fees		4,800	12,061
			5,044	12,061
Total resources expended			521,052	447,480
Net income			145,566	105,372