2020-12-31-accounts - Dyffryn Clwyd Mission Area

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Contents ofthe Financial Statements	Contents ofthe Financial Statements
for the year ended-31-December	2021
			Page
Report ofthe Trustees		1	to	8
Independent Examiner's Report
Statement of Financial Activities			10
Balance Sheet
Notes to the Financial Statements		12	to	22
Detailed Statement of Financial Activities		23	to	24

area with the Charity Commissio	n, 19th August 2019.
NAMES	DATE APPOINTED	CHURCH
Mrs S HANAHOE	April 2017	Llanarmon
Mrs Alyson GOLDSTEIN	April 2017	Llanbedr	DC
Mrs Judith DAVIES	April 2017	Llanychan
Mrs Rhian EDWARDS	April 2017	Llanynys
Mrs Mair ANSELL	April 2017	Llangynhafal
Mr Mark RANDALL	April 2017	Llanfair DC
Mr Andrew SUMNER	April 2017	Llanelidan
Mr Martin JONES	April 2017	Llanrhydd
Mr Richard HUGHES	April 2017	Llanfwrog
Mrs Lois HUBBARD	April 2017	StPeter's	Ruthin
Mrs Ann WINDEBANK	April 2017	Efenechtyd
Mrs Heather JONES	April 2017	Clocaenog
Mr Mark JONES	April 2017	Cyffylliog

		for	the year end	ed 31 December	2021
						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				196,870	10,839	207,709	310,081
Other trading activities				10,186	1,563	11,749	9,108
Investment income				126,662	(7,796)	118,866	47,090
Total				333,718	4,606	338,324	366,279
EXPENDITURE ON
Raising funds				221,344	17,649	238,993	454,272
Charitable activities
Other				30,597	458	31,055	74,322
Total				251,941	18,107	270,048	528,594
Net gains/(losses) on	investments			176,334	(73,179)	103,155	102,897
NET INCOME/(EXPENDITURE)				258,111	(86,680)	171,431	(59,418)
Transfers between funds			12	(22,638)	22,638
Net movement in funds				235,473	(64,042)	171,431	(59,418)
RECONCILIATION OF FUNDS
Total funds brought	forward			1,844,648	947,895	2,792,543	2,851,961
TOTAL FUNDS CARRIED FORWARD				2,080,121	883,853	2,963,974	2,792,543

	31De	cember 2021
				2021	2020
		Unrestricted	Restricted	Total	Total
	Notes	funds	funds f	funds	fundsf
FIXEDASSETS
Tangible assets	7	147,332		147,332
Investments
Investments	8	476,356	642,618	1,118,974	1,146,477
Social investments	9	855,905	60,560	916,465	842,058
		1,479,593	703,178	2,182,771	1,988,535
CURRENT ASSETS
Debtors	10		82,910	82,910	83,750
Cash at bank		600,528	97,765	698,293	721,008
		600,528	180,675	781,203	804,758
CREDITORS
Amounts falling due within one year					(750)
NET CURRENT ASSETS		600,528	180,675	781,203	804,008
TOTAL ASSETSLESSCURRENT LIABILITIES		2,080,121	883,853	2,963,974	2,792,543
NET ASSETS		2,080,121	883,853	2,963,974	2,792,543
FUNDS	12
Unrestricted funds				2,080,121	1,844,848
Restricted funds				883,853	947,895
TOTAL FUNDS				2,963,974	2,792,543

		Unrestricted	Restricted	Total
		funds	funds	funds
			E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		285,836	24,245	310,081
Other trading activities		7,895	1,213	9,108
Investment income		44,074	3,016	47,090
Total		337,805	28,474	366,279
EXPENDITURE ON
Raising funds		426,317	27,955	454,272
Charitable activities
Other		73,724	598	74,322
Total		500,041	28,553	528,594
Net gains/(losses) on investments		214,131	(111,234)	102,897
NET INCOME/(EXPENDITURE)		51,895	(111,313)	(59,418)
Transfers between funds		3,800	(3,800)
Net movement in funds		55,695	(115,113)	(59,418)
RECONCILIATION OF FUNDS
Total funds brought forward		1,788,953	1,063,008	2,851,961
TOTAL FUNDS CARRIED FORWARD		1,844,648	947,895	2,792,543

TANGIBLE FIXEDASSE	TS
			Improvements
			to
			property f
COST
Additions			147,332
NET BOOK VALUE
At 31 December 2021			147,332
At 31 December 2020
FIXEDASSET INVESTMENTS
			Listed
			investments
MARKET VALUE
At 1 January 2021			1,146,477
Disposals			(119,999)
Revaluations			92,496
At 31 December 2021			1,118,974
NET BOOK VALUE
At 31 December 2021			1,118,974
At 31 December 2020			1 ~146,477
There were no investment	assets outside the UK.
Cost or valuation at 31 December 2021 is represented		by:
			Listed
			investments
			f
Valuation in 2021			92,497
Cost			1,026,477
			1,118,974
SOCIAL INVESTMENTS
			Other
			investments f
MARKET VALUE
At 1 January 2021			979,507
Revaluations			10,659
Reclassification/transfer			(73,701)
At 31 December 2021			916,465
PROVISIONS
At 1 January 2021			137,449
Revaluation adjustments			(137,449)
At 31 December 2021
NET BOOK VALUE
At 31 December 2021			916,465
At 31 December 2020			842,058

					Other
					investments
	Valuation	in 2021			(63,042)
	Cost				979,507
					916,465
10.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2021	2020
				f	F
	Trade debtors			2,640	3,480
	Other debtors			80,270	80,270
				82,910	83,750

MOVEMEN	T IN FU	NDS									¹t	Transfers
											movement	between	At
										At 1/1/21 f	irifunds E	funds	31/12/21 L
Unrestricted funds
General fund										1,801,610	255,537	(34,426)	2,022,721
Church Hall Fund										5,614	(253)		5,361
Shaw Hesk Fund											(4)	4
C21 Vision	Project	Fund		(Designated)
Fund										4,859	(641)		4,218
Graveyard	Maintenance			Fund		(Designated)
Fund										290			290
Christmas	2020 (Designated)					Fund				1,002	(705)		297
Covid Relief Fund (Designated)							Fund			728	7,095	4,050	11,873
GA refund	(Designated)		Fund							679	(2,783)	2,720	616
Admin Salary (Designated)					Fund					1,479	350		1,829
Clergy Expenses SO (Designated)								Fund		3,076	3,831	806	7,713
MA Growth	Fund (Designated)						Fund			25,311	(108)		25,203
MA Dioceses Share (Designated)											(4,208)	4,208
										1,844,648	258,111	(22,638)	2,080,121
Restricted	funds
Bell Fund											(17,255)	17,255
Building Fund										11,765			11,765
Chancel Repair Fund										13,186	(13,186)
CRP Fund										331	14,850		15,181
Churchyard	Fund									5,395		(5,395)
Churchyard	Fund									16,232	(348)	5,395	21,279
Community	Hall Fund									52,388	7,334		59,722
Graveyard	Fund									70,807	2,292		73,099
Music Fund										4,152		(350)	3,802
Property Fund										95,610	15,431		111,041
Rathbones	Fund									45,234	1,794		47,028
Rest Fund										246			246
Roof Fund											(3,070)	3,070
VH-Capital	Fund									81,471			81,471
Yard Fund										10,812			10,812
Revaluation	reserves (Restricted)							Fund		331			331
The Old School Room (Restricted)								Fund		14,712	(1,018)		13,694
Old St Peters (Restricted)				Fund						1,285			1,285
C21 Vision	Project	Fund		(Restricted)					Fund	7,051	(6,013)		1,038
Graveyard	Maintenance		Fund			(Restricted)
Fund											4,718		4,739
Llangynhafal	Fabric	Fund		(Restricted)
Fund										506,311	(89,483)		416,828
STSaeran	Church	Yard	Fund			(Restricted)
Fund										2,181			2,181
CHURCHYARD (Restricted)					Fund					1,038	62		1,100
Llangynhafal	Churchyard			Fund						3,449			3,449
Organ Fund											(2,663)	2,663
Agency Collection										288			288
CHAPLAINCY										965			965
Llandelidan	Church	yard								2,634	(356)		2,278
Church Roof fund											231		231
										947,895	(86,680)	22,638	883,853
TOTAL FUNDS										2,792,543	171,431		2,963,974

Net movement in funds,	inclu	n the above	are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				F		F
Unrestricted funds
General fund			322,044	(242,841)	176,334	255,537
Church Hall Fund Shaw Hesk Fund C21 Vision Project Fund	(Designated)		2,712	(2,965) (4)		(253) (4)
Fund Christmas 2020 (Designated) Fund Covid Relief Fund (Designated) Fund			350 7,095	(641) (1,055)		(641) (705) 7,095
GA refund (Designated) Fund Admin Salary (Designated) Fund Clergy Expenses SO (Designated)		Fund	(2,783) 4,300	(3,950) 3,831		(2,783) 350 3,831
MA Growth Fund (Designated) Fund MA Dioceses Share (Designated)				(108) (4,208)		(108) (4,208)
			333,718	(251,941)	176,334	258,111
Restricted funds
Bell Fund Chancel Repair Fund CRP Fund			(17,202) (3,621) 12,930	(53)	(9,565) 1,920	(17,255) (13,186) 14,850
Churchyard Fund			804	(1,152)		(348)
Community Hall Fund					7,334	7,334
Graveyard Fund			2,902		(610)	2,292
Property Fund					15,431	15,431
Rathbones Fund					1,794	1,794
Roof Fund The Old School Room (Restricted) Fund C21 Vision Project Fund (Restricted) Fund Graveyard Maintenance Fund (Restricted)			(3,070) 4,473 300	(5,491) (6,313)		(3,070) (1,018) (6,013)
Fund			6,618	(1,900)		4,718
Llangynhafal Fabric Fund	(Restricted)
Fund					(89,483)	(89,483)
CHURCHYARD (Restricted) Fund			62			62
Organ Fund			(2,663)			(2,663)
Llandelidan Church yard Church Roof fund			2,842 231	(3,198)		(356) 231
			4,606	(18,107)	(73,179)	(86,680)
TOTAL FUNDS			338,324	(270,048)	103,155	171,431

MOVEMENT IN FU	MOVEMENT IN FU	NDS - cont	NDS - cont	NDS - cont	NDS - cont	i	nued	nued	nued
Comparatives for		movement					in funds
											Net	Transfers
											movement	between	At
										At 1/1I20	in funds	funds	31/12/20
										6		E	f'
Unrestricted funds
General fund										1,751,830	47,313	2,467	1,801,610
Church Hall Fund										8,818	(3,204)		5,614
Shaw Hesk Fund										7	(11)	4
C21 Vision	Project	Fund	(Designated)
Fund										26,458	(21,599)		4,859
Graveyard	Maintenance		Fund			(Designated)
Fund										1,840	(3,550)	2,000	290
Christmas	2020 (Designated)					Fund					1,002		1,002
Covid Relief Fund (Designated)							Fund				728		728
GA refund	(Designated)		Fund								1,015	(336)	679
Admin Salary (Designated)					Fund						1,479		1,479
Clergy Expenses SO (Designated)								Fund			3,076		3,076
MA Growth	Fund (Designated)						Fund				25,646	(335)	25,311
										1,788,953	51,895	3,800	1,844,648
Restricted	funds
Bell Fund											6,053	(6,053)
Building Fund										11,750	15		11,765
Chancel Repair Fund										10,625	2,561		13,186
CRP Fund										1,895	(1,564)		331
Churchyard	Fund									1,717	3,678		5,395
Churchyard	Fund									14,745	1,497	(10)	16,232
Community	Hall Fund									51,637	751		52,388
Graveyard	Fund									68,603	2,204		70,807
Music Fund										4,152			4,152
Property Fund										89,116	6,494		95,610
Rathbones	Fund									46,540	(1,306)		45,234
Rest Fund										246			246
Roof Fund										112	(112)
VH-Capital	Fund									96,095	117	(14,741)	81,471
Wilson Jones Bequest Fund Yard Fund										2 10,772	(2) 40		10,812
Revaluation	reserves (Restdcted) Fund									331			331
The Old School Room (Restricted)								Fund		15,182	(470)		14,712
Old St Peters (Restricted)				Fund						1,285			1,285
C21 Vision	Project	Fund	(Restricted)						Fund	(2,633)	(5,057)	14,741	7,051
Graveyard	Maintenance		Fund			(Restricted)
Fund										44	(23)		21
Llangynhafal	Fabric Fund			(Restricted)
Fund										631,418	(125,107)		506,311
STSaeran	Church	Yard	Fund			(Restricted)
Fund										2,181			2,181
CHURCHYARD (Restricted)					Fund					1,038			1,038
Llangynhafal	Churchyard			Fund						3,449			3,449
Organ Fund										427	(3,090)	2,663
Agency Collection										288			288
CHAPLAINCY										965			965
I landelidan	Church	yard								1,026	2,008	(400)	2,634
										1,063,008	(111,313)	(3,800)	947,895
TOTAL FUNDS										2,851,961	(59,418)		2,792,543

MOVEMENT IN FUNDS - c	MOVEMENT IN FUNDS - c	on	tinued	tinued
Comparative net movement		in	funds,		included	in the above are as follows:
						Incoming	Resources	Gains and	Movement
						resources	expended	losses	in funds
								E
Unrestricted funds
General fund						271,223	(437,706)	213,796	47,313
Church Hall Fund						308	(3,512)		(3,204)
Shaw Hesk Fund						(1)	(10)		(11)
C21 Vision Project Fund	(Designated)
Fund						201	(21,800)		(21,599)
Graveyard Maintenance	Fund		{Designated)
Fund							(3,550)		(3,550)
Christmas 2020 (Designated)			Fund			1,500	(498)		1,002
Covid Relief Fund {Designated) Fund GA refund (Designated) Fund						27,382 4,505	(26,654) (3,490)		728 1,015
Admin Salary (Designated) Fund Clergy Expenses SO (Designated) Fund MA Growth Fund (Designated) Fund						4,300 3,076 25,311	(2,821)	335	1,479 3,076 25,646
						337,805	(500,041)	214,131	51,895
Restricted funds
Bell Fund								6,053	6,053
Building Fund						15			15
Chancel Repair Fund								2,561	2,561
CRP Fund						242		(1,806)	(1,564)
Churchyard Fund Churchyard Fund Community Hall Fund						5,554 3,583	(1,876) (2,086)	751	3,678 'l,497 751
Graveyard Fund Property Fund Rathbones Fund						1,209	(245)	1,240 6,494 (1,306)	2,204 6,494 (1,306)
Roof Fund								(112)	(112)
VH-Capital Fund						117			117
Wilson Jones Bequest Fund								(2)	(2)
Yard Fund						40			40
The Old School Room (Restricted)				Fund		3,864	(4,334)		(470)
C21 Vision Project Fund	(Restricted)				Fund	7,935	(12,992)		(5,057)
Graveyard Maintenance	Fund		(Restricted)
Fund						647	(670)		(23)
Llangynhafal Fabric Fund Fund	(Restricted)							(125,107)	(125,107)
Organ Fund Llandelidan Church yard						3,260 2,008	(6,350)		(3,090) 2,008
						28,474	{28,553)	(111,234)	(111,313)
TOTAL FUNDS						366,279	(528,594)	102,897	(59,418)

A current year f2 months and prior year 12m	onths combined p	osition is as follow	s:
		Net	Transfers
		movement	between	At
	At 1/1/20	in funds	funds	31/12/21
	E	E		E
Unrestricted funds
General fund Church Hall Fund Shaw Hesk Fund C21 Vision Project Fund (Designated)	1,751,830 8,818 7	302,850 (3,457) (15)	(31,959) 8	2,022,721 5,361
Fund Graveyard Maintenance Fund (Designated)	26,458	(22,240)		4,218
Fund Christmas 2020 (Designated) Fund	1,840	(3,550) 297	2,000	290 297
Covid Relief Fund (Designated) Fund GA refund (Designated) Fund Admin Salary (Designated) Fund Clergy Expenses SO (Designated) Fund MA Growth Fund (Designated) Fund MA Dioceses Share (Designated)		7,823 (1,768) 1,829 6,907 25,538 (4,208)	4,050 2,384 806 (335) 4,208	11,873 616 1,829 7,713 25,203
Restricted funds	1,788,953	310,006	(18,838)	2,080,121
Bell Fund Building Fund Chancel Repair Fund CRP Fund Churchyard Fund Churchyard Fund Community Hall Fund Graveyard Fund Music Fund Property Fund Rathbones Fund Rest Fund	11,750 10,625 1,895 1,717 14,745 51,637 68,603 4,152 89,116 46,540 246	(11,202) 15 (10,625) 13,286 3,678 1,149 8,085 4,496 21,925 488	11,202 (5,395) 5,385 (350)	11,765 15,181 21,279 59,722 73,099 3,802 111,041 47,028 246
Roof Fund VH-Capital Fund Wilson Jones Bequest Fund Yard Fund Revaluation reserves (Restricted) Fund	112 96,095 2 10,772 331	(3,182) 117 (2) 40	3,070 (14,741)	81,471 10,812 331
The Old School Room (Restricted) Fund Old St Peters (Restricted) Fund C21 Vision Project Fund (Restricted) Fund Graveyard Maintenance Fund (Restricted)	15,182 1,285 (2,633)	(1,488) (11,070)	14,741	13,694 1,285 1,038
Fund Llangynhafal Fabric Fund (Restricted)	44	4,695		4,739
Fund STSaeran Church Yard Fund (Restricted)	631,418	(214,590)		416,828
Fund CHURCHYARD (Restricted) Fund Llangynhafal Churchyard Fund Organ Fund Agency Collection	2,181 1,038 3,449 427 288	62 (5,753)	5,326	2,181 1,100 3,449 288
CHAPLAINCY	965			965
Llandelidan Church yard Church Roof fund	1,026	1,652 231	(400)	2,278 231
	1,063,008	(197,993)	18,838	883,853
TOTAL FUNDS	2,851,961	112,013		2,963,974

as follows:				p	y		n	uns, ncue	n e aove a
						incoming	Resources	Gains and	Movement
						resources	expended	losses	in funds
Unrestricted funds
General fund						593,267	(680,547)	390,130	302,850
Church Hall Fund Shaw Hesk Fund C21 Vision Project Fund	(Designated)					3,020 (1)	(6,477) (14)		(3,457) (15}
Fund						201	(22,441)		(22,240)
Graveyard Maintenance	Fund			(Designated)
Fund Christmas 2020 (Designated)			Fund			1,850	(3,550) (1,553)		(3,550) 297
Covid Relief Fund (Designated)				Fund		34,477	(26,654)		7,823
GA refund (Designated)	Fund					1,722	(3,490)		(1,768)
Admin Salary (Designated)		Fund				8,600	(6,771)		1,829
Clergy Expenses SO (Designated)					Fund	3,076	3,831		6,907
MA Growth Fund (Designated)				Fund		25,31'I	(108)	335	25,538
MA Dioceses Share (Designated}							(4,208)		(4,208)
						671,523	(751,982)	390,465	310,006
Restricted funds
Bell Fund						(17,202)	(53)	6,053	(11,202)
Building Fund						15			15
Chancel Repair Fund						(3,621)		(7,004)	(10,625)
CRP Fund						13,172		114	13,286
Churchyard Fund						5,554	(1,876)		3,678
Churchyard Fund						4,387	(3,238)		1,149
Community Hall Fund								8,085	8,085
Graveyard Fund						4,111	(245)	630	4,496
Property Fund								21,925	21,925
Rathbones Fund								488	488
Roof Fund VH-Capital Fund						(3,070) 117		(112)	(3,182) 117
Wilson Jones Bequest Fund								(2)	(2)
Yard Fund						40			40
The Old School Room (Restricted) Fund						8,337	(9,825)		(1,488)
C21 Vision Project Fund	(Restricted)				Fund	8,235	(19,305)		(11,070)
Graveyard Maintenance	Fund		(Restricted)
Fund						7,265	(2,570)		4,695
Llangynhafal Fabric Fund	(Restricted)
Fund								(214,590)	(214,590)
CHURCHYARD (Restricted)		Fund				62			62
Organ Fund						597	(6,350)		(5,753)
Llandelidan Church yard						4,850	(3,198)		1,652
Church Roof fund						231			231
						33,080	(46,660)	(184,413)	(197,993)
TOTAL FUNDS						704,603	(798,642)	206,052	112,013

			Dyffryn Clwyd Mission Are	a
			Detailed Statement ofFinancial	Activities
			for the year ended 31December 2021
					2021	2020
INCOME AND ENDOWMENTS
Donations and legacies
Gifts					48,759	37,545
Donations					38,692	115,821
Gift aid					13,662	15,984
Legacies					35,079	5,333
Grants					56,791	121,425
Charitable activities					14,726	13,973
					207,709	310,081
Other trading activities
Fundraising events					11,749	9,108
Investment income
Rents received					19,824	16,318
Other fixed asset invest		- Fll			98,025	27,937
Deposit account interest					1,017	2,835
					118,866	47,090
Total incoming resources					338,324	366,279
EXPENDITURE
Other trading activities
Vergers, organists	and choir				1,699	2,309
Music and performance		expenses			7,244	1,573
Parish share						147,376
Diocesan share					125,732
					134,675	151,258
Investment management		costs
Administrative expenses					292
Charitable activities
Church publications						458
Parish mission work					434	1,551
Support ofdiocesan	projects				1,230	1,365
Support ofchurch charities					3,634	1,189
Support ofexternal	charities				1,249	735
Fundraising costs					653	736
Clergy expenses					1,550	7,527
Parish administrator						4,968
Leasing and hire costs						816
General expenditure					22,305	41,677
No description						7,816
					31,055	68,838
Support costs
Management
Rates and water					467	(1,739)
Insurance					12,564	11,082
Light and heat					16,961	17,778
Carried forward					29,992	27,121

				Detailed Statement of F for the year ended 31	inancial Activities December 2021
					2021	2020
					E
Mana ement
Brought forward					29,992	27.121
Telephone					913	992
Postage and		stationery			2,055	589
Repairs and	maintenance				46,774	252,096
Cleaning					2,587	1,554
Maintenance		ofservices			695	1,779
Churchyard	management			costs	15,854	16,621
					98,870	300,752
Finance
Bank charges					260	120
Governance		costs
Legal and professional			fees		1,067	5,519
Accountancy		and legal	fees		3,829	2,109
					4,896	7,628
Total resources		expended			270,048	528,594
Net income/(expenditure)					68,276	(162,315)