**REGISTERED CHARITY NUMBER: 1186438**
**Report of the Trustees and**
**Unaudited Financial Statements**
**for the Year Ended 31 December 2023**
**for Denbigh Mission Area**
Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN
**Denbigh Mission Area**
## **Contents of the Financial Statements for the year ended 31 December 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|6|
|**Independent Examiner's Report**||7||
|**Statement of Financial Activities**||8||
|**Balance Sheet**||9||
|**Cash Flow Statement**||10||
|**Notes to the Cash Flow Statement**||11||
|**Notes to the Financial Statements**|12|to|27|
|**Detailed Statement of Financial Activities**|28|to|29|
**Denbigh Mission Area**
## **Report of the Trustees for the year ended 31 December 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Aim and Purposes**
Denbigh Mission Area has responsibility, alongside the Shared Ministry Team, in promoting the mission of the Church - pastoral, evangelistic, social and ecumenical, within the mission area. The Mission Area consists of 12 churches. St Stephen's, Bodfari
St Michael's, Caerwys St Marcella's, Denbigh St Mary's, Denbigh St Sadwrn's, Henllan St Tyrnog, Llandyrnog St Cwyfan, Llangwyfan Sts Nefydd and Mary, Llannefydd St Dyfnog, Llanrhaeadr St James, Nantglyn Holy Trinity, Trefnant Corpus Christi, Tremeirchion Maintenance is also required for Church House, Nantglyn and the Old School, Tremeirchion. St Cwyfan's Llangwyfan is awaiting works in order to proceed to pilgrim status.
## **Objectives and Activities**
Denbigh Mission Area is committed to widening access to all our communities, enabling them to join us in worship at our churches, and to become part of our wider church community. The Mission Area Conference maintains an overview of worship throughout the Mission Area to try and ensure that services for different genres of congregation, for example children, are available somewhere in the Mission Area. The Mission Area engages with the community in the provision of pastoral care, in the form of occasional offices such as weddings and funerals, but also more practical pastoral support such as through the foodbank. The Mission Area engages in Mission and Evangelism to bring the love of God into our communities to bring a sense of hope and peace.To facilitate this work it is important for the Mission Area to maintain the fabric of each of the churches and related buildings.
Page 1
**Denbigh Mission Area**
## **Report of the Trustees for the year ended 31 December 2023**
## **ACHIEVEMENT AND PERFORMANCE**
## **Mission Area Review**
The Mission Area review process created a report with wide-ranging recommendations to improve all aspects of the Mission Area from models of ministry, to the future of churches and their ministries. This report was published late in October. The majority of the Recommendations have now been implemented whilst those remaining are in progress and are on a basis of on-going evaluation and implementation.
## **Worship and Prayer**
Reverend Rebecca is the Mission Area Leader although had a period of time away from her responsibilities from November 2023 onwards. Rebecca also has special responsibility for Liturgy in the Mission Area. Reverend Martin Pritchard has special responsibility for Mission and Community Engagement and Reverend Jane Finn for Pastoral Care across the Mission Area, having now trained 12 lay pastoral assistants who were then authorised along with worship leaders in our MA Services on 5th Sundays in the month. Reverend Sally Harper joined the MA Clergy Team in November 2022, just before the beginning of the 2023 year bringing extra support and expertise. Reverend Alyson Goldstein was ordained priest in July 2023, and is a curate in the Mission Area.
Patterns for church services are now well established, using the full complement of clergy available, which includes making occasional use of the availability of three PTO priests. Churches have services between twice and four times a month, with the Eucharistic provision being between 1 and 3 times a month depending upon the church. There is a weekly evensong held on Zoom every Friday, conducted by the Mission Area Travelling Evensong. Travelling Evensong also provide a regular monthly rota of in-person travelling evensong services across the churches of the Mission Area. Four churches hold regular midweek Eucharist services. Tremeirchion have recently introduced lay led Iona Morning Prayer.
Almost all the churches are now open during daylight hours for private prayer. However, some have also retained their outdoor prayer spaces in the churchyards. These continue to receive positive feedback from visitors. Caerwys, Henllan and Tremeirchion have installed a Prayer Tree/Prayer Stand where visitors are invited to leave prayers that will be included in services and the Tremeirchion church also organises an email prayer chain. All churches have been working towards having somewhere to light a candle and leave a prayer, and St Mary's Denbigh have installed a votive stand.
A strong Easter and Christmas provision of services is provided across the Mission Area making use of different church buildings for different services and events, and engaging strongly with the communities across the area.
In terms of bi-lingual and fully Welsh provision, St Mary's now holds a fully Welsh Eucharistic service once a month, a bi-lingual lay-led service once a month, and Tremeirchion also holds a Welsh Eucharistic Service once a month, and Llandyrnog has a bilingual Eucharist once a month. Other services at Tremeirchion are also fully bilingual when possible. All services in Llannefydd are bilingual.
There is worship provision for younger people, and engagement with churches in Denbigh on potential upper primary/youth provision, and a children's trail in Advent with local churches. Messy Church has continued in Llandyrnog. There have been regular Sunday All Age Worship/Family services in Denbigh, Tremeirchion, Trefnant, Bodfari and Henllan. Prayers and Bears for Under 5s has continued to be popular in Trefnant and a second service has started in Henllan. The session in Henllan is enthusiastically attended by the school's entire Foundation Phase as well. Joyful Noise a musical service for primary aged children continues its monthly provision in St Mary's Denbigh. Trefnant and Tremeirchion have involved young people in caring for nature in the churchyards and Trefnant's Bat Talk followed by bat detecting proved popular. Christmas Blessing bags were packed and distributed in Trefnant village and the church also attracted many younger people to its Christmas Tree Festival and Carol Service, Carols at the lighting of the village tree and Christingle and Crib Services, with the congregation taking part in putting together a large nativity jigsaw at the latter. Caerwys has continued to hold Easter and Summer Clubs for families with children aged 3 to 11 and invited young people to contribute to the Advent Carol Service with readings and solos. There was a very well-attended (over 150) Crib Service on Christmas Eve and people were attracted by the decoration of the churchyard and environs with tableaux, trees and lights during the Christmas season. At Tremeirchion, there was a large Advent Christmas tree with a scripture reading for each day, a Christmas Eve concert in church organised by a village group which was very well attended and a Christmas Day service (new this year) which was much appreciated. Llannefydd ran a successful Christmas Tree Festival involving many people from across the local community.
Schools worship has continued with priests taking assemblies in a large number of primary schools (church and community) and also in St Brigid's Catholic School (secondary). Xplore Science was provided to many of the primary schools in the Mission Area in conjunction with the churches, thanks to grant funding. Mock Baptisms and Mock Weddings have continued to be popular churches across the Mission Area, and it was a joy to see so many children, staff and parents attending Trefnant's and Caerwys's Nativity services in their local churches, whilst children from Tremeirchion meet in the church for a weekly assembly. Bodfari also hosted a play based on the Life of St Winefride with children from the primary school.
Page 2
## **Denbigh Mission Area**
## **Report of the Trustees for the year ended 31 December 2023**
The monthly forest church service continued for most of the year in Corpus Christi, Tremeirchion, Churchyard to help people to connect with God through nature and the outdoors. and included a service for pets, a visit to see local lambs and chicks, hedge laying and stile repairing. Work has been done on 6 stiles, new gates and an old footpath is being reopened. There was also a walking and storytelling day in June and welcome and refreshments offered to a group of refugees from Liverpool on a visit to plant a hedge along Offa's Dyke. St Marcella's Denbigh ran a Summer Club for families over 4 weeks of the School Summer Holidays. Llannefydd held a Pilgrim's Walk day in August which started with a blessing from the Dean of St Asaph at the Cathedral.
The Tremeirchion Bach Choir (which draws a wide range of people into the church to sing) performed Bach's Christmas Oratorio in Corpus Christi as an act of worship on 10 December and prepared for Bach's St Matthew Passion on Good Friday in a similar context (now transferred to the cathedral because of congregational numbers).
There have continued to be a large number of funerals held across the Mission Area. There were also a good number of weddings and baptisms across the Mission Area in 2023.
An MA Lent course was run, based on the film Chocolat, with much chocolate being consumed on the Shrove Tuesday Pancakes, before weekly discussions took place on some of the aspects of religion highlighted in the film. There was also the provision of Frugal Lent Lunches held throughout the 6 weeks of Lent. A monthly bible study group is held in the Mission Area.
An Ascension Day service was held outdoors in Nantglyn, with preaching from the famous preaching tree in the church grounds.
Large scale Remembrance Events were held again this year with outdoor services in most of the towns and villages both on Armistice Day and Remembrance Sunday, and an Ecumenical Service involved three Denbigh churches in Denbigh town centre and Holy Trinity Trefnant held their traditional Pentecost Procession to place flowers on the Memorial Gates. Harvest services continue to be popular and Bodfari's Harvest Festival was followed by a Gift Day at which (with Gift Aid) over £3500 was raised, while Caerwys and Trefnant held Harvest Lunches. Trefnant also held a successful Medieval Banquet.
For most of the year clergy met regularly to pray together each morning, so all activity within the Mission Area is rooted in prayer. There are monthly prayer meetings to pray for specific community events in the Mission Area that members of each church are invited to. It is very important to the Mission Area Ethos that all activities are rooted in prayer. This makes the difference between the church being another community group that is doing 'good works' and a church that is seeking God's will to further his kingdom. Members of Trefnant, Tremeirchion and Bodfari churches also participated in CPAS Leading Evangelism Course which will conclude in November 2024.
## **Diocesan Conference**
Each church has an elected representative to attend the diocesan conference , providing a link between the MA and the wider church.
## **Our Church Buildings**
Church Buildings continue, where possible, to be kept open for private prayer during the daytime. Llannefydd Church was listed as a finalist in the National Churches' Trust Open for Visitors Award, having been entered by its Friends group.
All the churches across the Mission Area engaged with the Rocha Eco Church Scheme with all churches achieving at least a bronze award with Henllan, Llangwyfan, Trefnant and Tremeirchion all achieving silver awards and Henllan applying for a Gold Award (which they have since achieved). Trefnant also won the National Churches Trust Volunteer and Community Award and some of the volunteers enjoyed a London trip to accept the award and have registered their church in the Teracycle scheme for members of the public to recycle confectionery wrappers.
Maintenance work has continued in churches across the Mission Area. A new MA buildings committee started meeting early in 2023 to ensure that building work and maintenance takes place in a timely fashion, and upcoming Quinquennials for 2024 will be advised to churches for the 2024 year. Grant funding has been successfully secured for projects across the Mission Area.
## **Pastoral Care**
Page 3
## **Denbigh Mission Area**
## **Report of the Trustees for the year ended 31 December 2023**
Funeral visits, and pastoral care continues to take place face to face, services take place in residential homes, and home communion visits, with the increasing involvement of lay pastoral visitors. Twelve Pastoral Assistants have now been trained and authorised for ministry by the MAC, to exercise very valued ministry. Tea and talk for people who feel isolated runs monthly in St Mary's Denbigh with either speakers or quizzes. Trefnant hosts a bookclub, whilst in Caerwys a post-retirement Friday lunch club meets weekly in church and in Tremeirchion there is a monthly Golden Hours meeting (for retired people) and a monthly Gweu a Chreu (craft group). In Bodfari, the monthly coffee mornings have continued and are very successful - over £2000 has been raised for the churchyard maintenance fund, whilst in the summer a parish supper was organised by the church committee and supporters, which was attended by over 70 parishioners who enjoyed a wonderful evening of quality food and fellowship (A substantial sum was also raised for parish funds.) In the lead up to Advent a very successful wine and cheese evening was held in St Stephen's Church in Bodfari which was also well attended.
The church in Denbigh is working with other agencies to look at the alleviation of poverty through a number of food related projects such as a community fridge, incredible edible and cook and eat. In Henllan, a warm hub was started in December 2022 and has proved very successful, regularly serving between 40 to 60 hot meals every Thursday, when surplus food from the supermarkets is also available. Denbigh, Caerwys, Trefnant, Bodfari, Henllan, Llandyrnog and Tremeirchion all have collection boxes for donations to the foodbank, Tremeirchion also collect clothing for SHARE and recently held a UNICEF breakfast fundraiser. Llandyrnog also has a collection box for items for Women's Aid.
Churches across the Mission Area have continued to be pro-active in continuing to collect items for the local foodbanks and for refugees, for onward transmission to centres.
## **Mission and Evangelism**
Throughout the year the Mission Area was involved in Mission and Evangelism, this has mainly centred around bringing hope to our communities in a time that has been characterised by great tiredness alongside the pain of bereavement and the residual fear from living though a pandemic.
In Holy Week and Advent each of the churches put on a number of nativity based activities, alongside an Ecumenical nativity trail through Denbigh Town Centre in Advent aimed at children and a Community Carol Service which attracted around 350 people. Many churches held Christingles, Carol Services, Crib Services and Midnight Mass Services in various forms.
Caerwys continues to make the church available for the weekly rehearsals by Cor Meibion and Cor Merched Caerwys, and the Vale of Clwyd Singers. Their fundraising activities, including Christmas and Summer Fairs, quizzes and concerts also encourage people to enter the church building and meet regular worshippers. Trefnant run a stall at the Village Show with the ever popular 'Dunk the Vicar' event.
Tremeirchion started a new gathering to combat loneliness amongst the elderly, which has been very well received.
St Mary's Denbigh continued to welcome various bands of bell ringers from across the UK to ring and be open for refreshments, conversations and questions. It is hoped that this will be continued and a program further expanded if possible.
## **Ecumenical Relationships**
Churches worked together to put on a well-attended Easter Sunrise service at Denbigh Castle. An ecumenical service was put on in St Beuno's Spirituality Centre, Tremeirchion, for the World Day of Prayer, and an Ecumenical Remembrance Day service was held in Denbigh. An ecumenical Advent trail was put on in Denbigh, and the Remembrance Sunday event in town was developed into an Ecumenical service.
The churches across Denbigh have also been working towards children's and youth provision in the town with Urban Saints. Tremeirchion maintains close contact with other Christians in the village, often sharing worship and also meeting together at the monthly village market, held on church premises and which raises money for funds from refreshments.
## **FINANCIAL REVIEW**
## **Financial review**
2023 has seen an improvement in attendance at services as people become accustomed to being able to mix again following the pandemic. This has resulted in a much needed increase in income. During the pandemic Gift Direct was a lifesaver for most churches, we should all work towards increasing this method of giving where the tax back is received a week after the actual gift. This method of giving ensures a regular monthly gift, plus the tax back.
Contactless is another very useful tool, particularly for those churches which have visitors on a regular basis to view historic or famous items.
The treasurers coped during 2023 with the accounts being moved from computer based to online and they are to be commended for the way in which they have adapted to the changes in the programme.
Thanks are given to our Mission Area members who have continued to contribute generously to the churches with both their own money and also their time and resources in fundraising.
Page 4
**Denbigh Mission Area**
## **Report of the Trustees for the year ended 31 December 2023**
## **FINANCIAL REVIEW**
## **Reserves policy**
Most churches have had to dip into their reserves to stay financially viable this year. The MAC aims to retain a balance of unrestricted 'free' reserves to provide working capital, and to meet any future shortfalls in receipts or unexpected payments, at least equal to 3months payments.
The receipts and payments for the year, and the assets and liabilities at the year end are shown in the statements of account which accompany this report.
## **Volunteers**
The Mission Area Conference would like to thank the many members across our Mission Area who have continued to provide valuable support throughout this year in so many different. The Mission Area has continued to rise to the challenge to show itself as a Church that with God's help is able to thrive and continue to be a force for good in forwarding God's kingdom within our local communities.
## **FUTURE VISION**
Through 2024 the Mission Area will continue to implement and review the recommendations from the Mission Area Review. The clergy team will continue to provide their specific roles of Pastoral Care, Mission and Community Engagement and Spirituality, alongside pastoral care of their own churches, and any further training will be given for those helping to provide lay involvement within the body of the church. Occasional offices will continue to demonstrate the love of God, and help people to understand the offerings of the church.
New missional activities include working with the new lead of Bwyd Dinbych around Eat and Cook for the Community and around Incredible Edible additions to the provision at the community allotment and at the HWB, Denbigh, and an ecumenical provision with Urban Saints for children and youth in Denbigh.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Registered Charity Number: 1186438**
The Church in Wales is governed by its Constitution, set up under section 13(1) of the Welsh Church Act 1914, as amended from time to time by its Governing Body. The MAC 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 MAC shall be: The Incumbent, Vicars and Assistant Curates; two Mission Area Wardens, one appointed by the Incumbent and one elected at the Annual Church Congregational Meeting) and one MAC Member is appointed from each church during their church committee Annual Vestry Meetings. Up to 25 lay members elected at the Congregational 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 to stand for election. Mission Area Meetings were held face-to-face with occasional correspondence through email when necessitated.
Page 5
**Denbigh Mission Area**
## **Report of the Trustees for the year ended 31 December 2023**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
This Mission Area covers churches mainly within the county of Denbigh, but includes areas of Conwy and Flintshire. The principal church locations are summarised at the beginning of this document. It is part of the Diocese of St Asaph, within the Church in Wales.
The correspondence address is Denbigh Mission Area, The Rectory, Trefnant, Denbighshire, LL16 5UG.
The members from 1st January 2023 to the date this report was received are:
## **Ex-officio members:**
Rev'd Rebecca Sparey-Taylor (Mission Area Leader) Rev'd Martin Pritchard Rev'd Jane Finn (to Easter 2024 only) Rev'd Alyson Goldstein (to end of April 2024 only) Rev'd Sally Harper Joan Dunseath (treasurer and gift aid secretary to Easter 2024 only) Kath Mitchell Dawson (MA Warden) Co-opted Norma Rowles (Reader/secretary) Elected members: Roger Mullock (MA Warden) Mary Steel Gwyneth Griffiths (resigned end 2023) Brian Williams (until Feb 2023)/ Christine Parnell Anne Needham Carole Helm (retired January 2023) Carole Bellis Angeline Lawson Janet Legget- Jones (now resigned) Sally Henderson David Meredith Jones Paul Williams Gareth Williams
This report is approved by order of the board of trustees on 13th May 2024
And signed on its behalf by:
Rev'd Rebecca Sparey-Taylor (Mission Area Leader)
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Rev'd R Sparey-Taylor - Trustee
Page 6
## **Independent Examiner's Report to the Trustees of Denbigh Mission Area**
## **Independent examiner's report to the trustees of Denbigh Mission Area**
I report to the charity trustees on my examination of the accounts of Denbigh Mission Area (the Trust) for the year ended 31 December 2023.
## **Responsibilities 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 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered 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 to be reached.
Aled Roberts The Institute of Chartered Accountants in England and Wales
Salisbury & Company Chartered Accountants Irish Square Upper Denbigh Road St Asaph Denbighshire LL17 0RN
Date: .............................................
Page 7
**Denbigh Mission Area**
## **Statement of Financial Activities for the year ended 31 December 2023**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
Raising funds
5
**Charitable activities**
6
Costs of generating income
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
18
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
As previously reported
Prior year adjustment
11
**As restated**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
196,703
22,779
16,904
236,386
155,844
101,225
257,069
31,046
10,363
(4,479)
5,884
889,820
-
889,820
895,704|Restricted
funds
£
57,744
19,885
9,343
86,972
35,111
72,450
107,561
16,245
(4,344)
4,479
135
736,193
2,429
738,622
738,757|2023
Total
funds
£
254,447
42,664
26,247
323,358
190,955
173,675
364,630
47,291
6,019
-
6,019
1,626,013
2,429
1,628,442
1,634,461|2022
Total
funds
as restated
£
431,943
40,791
44,216
516,950
210,851
124,875
335,726
(59,375)
121,849
3
121,852
1,498,819
7,771
1,506,590
1,628,442|
|---|---|---|---|---|
The notes form part of these financial statements
Page 8
## **Denbigh Mission Area**
## **Balance Sheet 31 December 2023**
|Notes
**FIXED ASSETS**
Tangible assets
12
**Investments**
Investment property
13
Social investments
14
**CURRENT ASSETS**
Debtors
15
Cash at bank
**CREDITORS**
Amounts falling due within one year
16
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
18
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
-
-
510,436
510,436
6,861
378,408
385,269
-
385,269
895,705
895,705|Restricted
funds
£
2,092
175,000
261,612
438,704
(6,844)
330,834
323,990
(23,938)
300,052
738,756
738,756|2023
Total
funds
£
2,092
175,000
772,048
949,140
17
709,242
709,259
(23,938)
685,321
1,634,461
1,634,461
895,705
738,756
1,634,461|2022
Total
funds
as restated
£
2,790
175,000
779,394
957,184
193
671,148
671,341
(83)
671,258
1,628,442
1,628,442
889,820
738,622
1,628,442|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev'd R Sparey-Taylor - Trustee
The notes form part of these financial statements
Page 9
## **Denbigh Mission Area**
## **Cash Flow Statement for the year ended 31 December 2023**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Purchase of social investments
Sale of tangible fixed assets
Sale of social investments
Interest received
Dividends received
Net cash provided by/(used in) investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
2
**Cash and cash equivalents at the end of**
**the reporting period**
2|2023
a
£
(12,008)
(12,008)
-
-
-
-
5,219
21,028
26,247
14,239
671,065
685,304|2022
s restated
£
113,713
113,713
(2,790)
(137,520)
785
16,465
752
43,464
(78,844)
34,869
636,196
671,065|
|---|---|---|
The notes form part of these financial statements
Page 10
**Denbigh Mission Area**
## **Notes to the Cash Flow Statement for the year ended 31 December 2023**
|**1.**
**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
2023
a
£
**Net income for the reporting period (as per the Statement of Financial**
**Activities)**
6,019
**Adjustments for:**
Depreciation charges
698
Losses on investments
7,346
Interest received
(5,219)
Dividends received
(21,028)
Decrease/(increase) in debtors
176
Decrease in creditors
-
**Net cash (used in)/provided by operations**
(12,008)
**2.**
**ANALYSIS OF CASH AND CASH EQUIVALENTS**
2023
a
£
Notice deposits (less than 3 months)
709,242
Overdrafts included in bank loans and overdrafts falling due within one year
(23,938)
Total cash and cash equivalents
685,304
**3.**
**ANALYSIS OF CHANGES IN NET FUNDS**|2022
s restated
£
121,849
-
59,434
(752)
(43,464)
(23,168)
(186)
113,713
2022
s restated
£
671,148
(83)
671,065|
|---|---|
|**Net cash**|At 1/1/23
Cash flow
At 31/12/23
£
£
£|
|---|---|
|Cash at bank|671,148
38,094
709,242|
|Bank overdraft|(83)
(23,855)
(23,938)|
||671,065
14,239
685,304|
|**Total**|671,065
14,239
685,304|
The notes form part of these financial statements
Page 11
**Denbigh Mission Area**
## **Notes to the Financial Statements for the year ended 31 December 2023**
## **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) (effective 1 January 2019)', 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, as modified by the revaluation of certain assets.
## **Going concern**
In March 2020 the World Health Organisation (WHO) declared Covid-19 as a worldwide pandemic. In relation to this the trustees have reviewed the charity's performance and all other considerations, and as a result believe that the going concern basis is reasonable.
## **Income**
All income is recognised in the Statement 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 expenditure, it is probable that a transfer of 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 aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost
## **Investment property**
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
## **Taxation**
The charity 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 particular restricted purposes within the objects of the charity. Restrictions arise when specified 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.
## **2. DONATIONS AND LEGACIES**
|Gifts
Donations
Gift aid
Legacies
Grants
Charitable activities
Weddings & funeral income
Magazine/publication sales|2023
a
£
80,210
38,976
30,313
10,000
44,493
94
50,136
225
254,447|2022
s restated
£
102,420
35,481
32,464
197,400
17,418
889
45,774
97
431,943|
|---|---|---|
Page 12
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **2. DONATIONS AND LEGACIES - continued**
Grants received, included in the above, are as follows:
|Default
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Church building rental
**4.**
**INVESTMENT INCOME**
Other fixed asset invest - FII
Bank interest
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Support costs
**Other trading activities**
Licensing
Parish share
Vergers, organists and choir
Music and performance expenses
Cost of meetings
Cost of fundraising|2023
a
£
44,493
2023
a
£
31,461
11,203
42,664
2023
a
£
21,028
5,219
26,247
2023
a
£
14,514
2023
a
£
1,096
166,441
2,598
2,067
-
2,107
174,309|2022
s restated
£
17,418
2022
s restated
£
31,774
9,017
40,791
2022
s restated
£
43,464
752
44,216
2022
s restated
£
(2,510)
2022
s restated
£
1,011
176,639
3,515
4,619
20
2,737
188,541|
|---|---|---|
Page 13
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **5. RAISING FUNDS - continued**
## **Investment management costs**
|**Investment management costs**|||
|---|---|---|
||2023|2022|
|||as restated|
||£|£|
|Administrative expenses|1,644|-|
|Property repairs|488|24,820|
||2,132|24,820|
|Aggregate amounts|190,955|210,851|
## **6. CHARITABLE ACTIVITIES COSTS**
|Costs of generating income
**SUPPORT COSTS**
Management
£
Raising donations and legacies
14,364
Costs of generating income
156,570
170,934|Support
Direct
costs (see
Costs
note 7)
£
£
13,608
160,067
Governance
Finance
costs
£
£
-
150
568
2,929
568
3,079|Totals
£
173,675
Totals
£
14,514
160,067
174,581|
|---|---|---|
## **7. SUPPORT COSTS**
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **9. EXCEPTIONAL ITEMS**
Exceptional items inclusive within FY2022 is in relation to prior year adjustments of omitted bank balance. (Please see note 11).
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
Investment income
**Total**|Unrestricted
funds
£
207,297
36,944
36,828
281,069|Restricted
funds
£
224,646
3,847
7,388
235,881|Total
funds
as restated
£
431,943
40,791
44,216
516,950|
|---|---|---|---|
## **EXPENDITURE ON**
Page 14
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|||Unrestricted|Restricted|Total||
|---|---|---|---|---|---|
|||funds|funds|funds||
|||||as restated||
|||£|£|£||
||Raising funds|188,628|22,223|210,851||
||**Charitable activities**|||||
||Costs of generating income|||||
|||88,794|36,081|124,875||
||**Total**|277,422|58,304|335,726||
||Net gains/(losses) on investments|(48,348)|(11,027)|(59,375)||
||**NET INCOME/(EXPENDITURE)**|(44,701)|166,550|121,849||
||**Transfers between funds**|(170,279)|170,282|3||
||**Net movement in funds**|(214,980)|336,832|121,852||
||**RECONCILIATION OF FUNDS**|||||
||**Total funds brought forward**|||||
||As previously reported|1,097,028|401,791|1,498,819||
||Prior year adjustment|7,771|-|7,771||
||**As restated**|1,104,799|401,791|1,506,590||
||**TOTAL FUNDS CARRIED FORWARD**|889,819|738,623|1,628,442||
|**11.**|**PRIOR YEAR ADJUSTMENT**|||||
||The financial statements include adjustments related to|the prior year. Notably, a bank balance from the previo|||u|
||year, which was inadvertently omitted in the previous years financial statements, has been correctly included||||i|
||the December 2023 financial statements.|||||
||Prior year figures have been restated as to include the omitted bank balance.|||||
||Bank balance: Dec 2022||**Was**
668,634|**Now**
671,062||
||Surplus: Dec 2022||119,423|121,852||
|**12.**|**TANGIBLE FIXED ASSETS**|||||
||**COST**|||Computer
equipment
£||
||At 1 January 2023 and 31 December 2023|||2,790||
||**DEPRECIATION**|||||
||Charge for year|||698||
||**NET BOOK VALUE**|||||
||At 31 December 2023|||2,092||
||At 31 December 2022|||2,790||
The financial statements include adjustments related to the prior year. Notably, a bank balance from the previous year, which was inadvertently omitted in the previous years financial statements, has been correctly included in the December 2023 financial statements.
Page 15
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **13. INVESTMENT PROPERTY**
|**FAIR VALUE**
At 1 January 2023
and 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022
Fair value at 31 December 2023 is represented by:
Valuation in 2021
Valuation in 2022|£
175,000
175,000
175,000
£
25,000
150,000
175,000|
|---|---|
Investment property relates to the church house of St Marys Church Denbigh. Although properties held by the mission area are owned by the Representative Body of Church in Wales, they are held in trust for the churches and are therefore included in the Mission Area accounts.
## **14. SOCIAL INVESTMENTS**
|**MARKET VALUE**
At 1 January 2023
Revaluations
At 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022|Other
investments
£
779,394
(7,346)
772,048
772,048
779,394|
|---|---|
Cost or valuation at 31 December 2023 is represented by:
|Valuation in 2021
Valuation in 2022
Valuation in 2023
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
a
£
Other debtors
17|Other
investment
£
56,507
722,887
(7,346)
772,048
2022
s restated
£
193|
|---|---|
## **15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Page 16
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Bank loans and overdrafts (see note 17)
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts|2023
as
£
23,938
2023
as
£
23,938|2022
restated
£
83
2022
restated
£
83|
|---|---|---|
Page 17
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **18. MOVEMENT IN FUNDS**
**----- Start of picture text -----**
Prior Net Transfers
year movement between At
At 1/1/23 adjustment in funds funds 31/12/23
£ £ £ £ £
Unrestricted funds
General fund 878,826 - 9,971 (4,339) 884,458
Messy Church
(Designated) Fund
(82) - 131 - 49
Churchyard Fund
(Designated) Fund 9,006 - 466 - 9,472
Henlan Children Fund
- -
Account (Designated) 1,630 (204) 1,426
Henllan Institue
(Designated) Fund 140 - - (140) -
Xplore Science
(Designated) Fund 300 - - - 300
**----- End of picture text -----**
|Account (Designated)
Henllan Institue
(Designated) Fund
Xplore Science
(Designated) Fund|1,630
140
300|-
-
-|(204)
-
-|-
(140)
-|1,426
-
300|
|---|---|---|---|---|---|
||889,820|-|10,364|(4,479)|895,705|
|**Restricted funds**||||||
|Churchyard|179,578|-|5,733|3,687|188,998|
|Churchyards fund||||||
|(Restricted) Fund|26,855|-|(1)|2,214|29,068|
|Nantglyn Churchyard Fund||||||
|(Restricted) Fund||||||
||10,350|-|-|-|10,350|
|Chancel Repair Fund|2,023|-|164|-|2,187|
|Chancel Repair Fund St||||||
|Nefydd & St Mary||||||
|Llannefyd|2,124|-|172|-|2,296|
|Chancel Repair fund||||||
|(Restricted) Fund||||||
||7,572|-|616|-|8,188|
|Churchyard St Mary's Cefn|8,944|-|-|-|8,944|
|Churchyard fund|30,367|-|9,173|(2,103)|37,437|
|Flower Fund - St Mary's|216|-|(94)|(122)|-|
|Fabric Fund - St Marcella's|126,343|-|(7,195)|-|119,148|
|Fabric Fund - St Mary's|31,083|-|(26,224)|23,938|28,797|
|Fabric fund|2,488|-|109|-|2,597|
|Graveyard Maintenance|5,901|-|1,580|-|7,481|
|Nantglyn Church House|1,651|-|248|-|1,899|
|Nantglyn Maintenance||||||
|Fund|20,973|-|574|-|21,547|
|Organ Fund (Restricted)||||||
|Fund||||||
||4,819|-|18|-|4,837|
|Old School Restricted|1,798|-|1,071|-|2,869|
|Trewen|181,197|-|5,196|-|186,393|
|Administrator employment||||||
|grant money (Restricted)||||||
|Fund|2,801|-|(1,644)|3,400|4,557|
|Project - reordering and||||||
|upgrading (Designated)||||||
|Fund|6,844|-|-|(6,844)|-|
|Bodfari Chancel Repair||||||
|Fund (Restricted) Fund|8,542|-|694|-|9,236|
|Fabric Fund - St. Marys||||||
|(Designated) Fund|-|-|-|(23,938)|(23,938)|
|Bylchau Mission Fund||||||
|(Designated) Fund|13,901|-|-|-|13,901|
|Memorial Rose Hedge||||||
|(Designated) Fund|154|-|(66)|-|88|
Page 18
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
|**18.**
**MOVEMENT IN FUNDS - continued**
Mission in Trefnant
Tremeirchion Area
(Designated) Fund
1,000
Xmas Spectacular
(Designated) Fund
59
Sound System
4,750
Tremeirchion Churchyard
36,747
M E Mesham CCLA
Legacy (Restricted) Fund
2,753
Henllan Institute
(Restricted) Fund
14,360
Church Maintenance and
Repairs (Restricted) Fund
-
Warm Space (Restricted)
Fund
-
Henllan Womn's Group
(Restricted) Fund
-
Bike Ride (Restricted)
Fund
-
Blychau Churchyard Fund
(Restricted)
-
736,193
**TOTAL FUNDS**
1,626,013|-
-
-
-
-
-
-
-
2,429
-
-
2,429
2,429|-
-
(697)
2,384
253
(802)
1,065
1,704
797
543
284
(4,345)
6,019|-
-
-
-
-
536
3,711
-
-
-
-
4,479
-|1,000
59
4,053
39,131
3,006
14,094
4,776
1,704
3,226
543
284
738,756
1,634,461|
|---|---|---|---|---|
Page 19
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **18. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Messy Church (Designated) Fund
Churchyard Fund (Designated) Fund
Henlan Children Fund Account
(Designated)
**Restricted funds**
Churchyard
Churchyards fund (Restricted) Fund
Nantglyn Churchyard Fund (Restricted)
Fund
Chancel Repair Fund
Chancel Repair Fund St Nefydd & St Mary
Llannefyd
Chancel Repair fund (Restricted) Fund
Churchyard fund
Flower Fund - St Mary's
Fabric Fund - St Marcella's
Fabric Fund - St Mary's
Fabric fund
Graveyard Maintenance
Nantglyn Church House
Nantglyn Maintenance Fund
Organ Fund (Restricted) Fund
Old School Restricted
Trewen
Administrator employment grant money
(Restricted) Fund
Bodfari Chancel Repair Fund (Restricted)
Fund
Memorial Rose Hedge (Designated) Fund
Sound System
Tremeirchion Churchyard
M E Mesham CCLA Legacy (Restricted)
Fund
Henllan Institute (Restricted) Fund
Church Maintenance and Repairs
(Restricted) Fund
Warm Space (Restricted) Fund
Henllan Womn's Group (Restricted) Fund
Bike Ride (Restricted) Fund
Blychau Churchyard Fund (Restricted)
**TOTAL FUNDS**|Incoming
resources
£
233,892
491
1,953
50
236,386
11,512
(1)
(32)
-
-
(188)
11,929
20
2,320
1,157
109
2,780
2,081
574
131
4,544
5,296
-
-
151
1
2,384
-
33,556
1,065
5,268
969
1,062
284
86,972
323,358|Resources
expended
£
(254,967)
(360)
(1,487)
(254)
(257,068)
(13,844)
-
-
-
-
-
(2,756)
(114)
(15,082)
(27,790)
-
(1,200)
(1,833)
-
(198)
(3,473)
(100)
(1,644)
-
(217)
(698)
-
-
(34,358)
-
(3,564)
(172)
(519)
-
(107,562)
(364,630)|Gains and
Movement
losses
in funds
£
£
31,046
9,971
-
131
-
466
-
(204)
31,046
10,364
8,065
5,733
-
(1)
32
-
164
164
172
172
804
616
-
9,173
-
(94)
5,567
(7,195)
409
(26,224)
-
109
-
1,580
-
248
-
574
85
18
-
1,071
-
5,196
-
(1,644)
694
694
-
(66)
-
(697)
-
2,384
253
253
-
(802)
-
1,065
-
1,704
-
797
-
543
-
284
16,245
(4,345)
47,291
6,019|
|---|---|---|---|
Page 20
continued...
## **Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **18. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Messy Church
(Designated) Fund
Restoration Fund
(Desginated Fund)
Churchyard Fund
(Designated) Fund
Henlan Children Fund
Account (Designated)
Henllan Institue
(Designated) Fund
Xplore Science
(Designated) Fund
**Restricted funds**
Churchyard
Churchyards fund
(Restricted) Fund
Nantglyn Churchyard Fund
(Restricted) Fund
Chancel Repair Fund
Chancel Repair Fund St
Nefydd & St Mary
Llannefyd
Chancel Repair fund
(Restricted) Fund
Churchyard St Mary's Cefn
Churchyard fund
Flower Fund - St
Marcella's
Flower Fund - St Mary's
Fabric Fund - St Marcella's
Fabric Fund - St Mary's
Fabric fund
Graveyard Maintenance
Nantglyn Church House
Nantglyn Maintenance
Fund
Organ Fund (Restricted)
Fund
Old School Restricted
Trewen
Administrator employment
grant money (Restricted)
Fund
Project - reordering and
upgrading (Designated)
Fund|At 1/1/22
£
1,079,047
472
6,369
11,140
-
-
-
1,097,028
114,289
23,372
10,366
1,974
2,318
8,291
8,341
27,066
(15)
555
72,450
8,146
2,463
3,892
1,708
22,868
5,145
1,720
11,628
2,801
6,844|Prior
year
adjustment
£
-
-
-
-
-
7,771
-
7,771
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Net
movement
in funds
£
(42,082)
(554)
-
(2,134)
(370)
140
300
(44,700)
78,300
-
(16)
49
(194)
(719)
603
3,301
(13)
(142)
53,724
48,668
1
1,359
(57)
(1,895)
(460)
78
4,569
-
-|Transfers
between
funds
£
(158,139)
-
(6,369)
-
2,000
(7,771)
-
(170,279)
(13,011)
3,483
-
-
-
-
-
-
28
(197)
169
(25,731)
24
650
-
-
134
-
165,000
-
-|At
31/12/22
£
878,826
(82)
-
9,006
1,630
140
300
889,820
179,578
26,855
10,350
2,023
2,124
7,572
8,944
30,367
-
216
126,343
31,083
2,488
5,901
1,651
20,973
4,819
1,798
181,197
2,801
6,844|
|---|---|---|---|---|---|
Page 21
continued...
## **Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
|**18.**
**MOVEMENT IN FUNDS - continued**
Bodfari Chancel Repair
Fund (Restricted) Fund
9,352
Fabric Fund - St. Marys
(Designated) Fund
56
Bylchau Mission Fund
(Designated) Fund
15,901
Memorial Rose Hedge
(Designated) Fund
94
Mission in Trefnant
Tremeirchion Area
(Designated) Fund
1,000
Xmas Spectacular
(Designated) Fund
-
Sound System
4,750
Tremeirchion Churchyard
34,416
M E Mesham CCLA
Legacy (Restricted) Fund
-
Henllan Institute
(Restricted) Fund
-
Henllan Womn's Group
(Restricted) Fund
-
401,791
**TOTAL FUNDS**
1,498,819|-
-
-
-
-
-
-
-
-
-
-
-
7,771|(810)
(24,502)
-
60
-
244
-
2,331
(363)
4
2,429
166,549
121,849|-
24,446
(2,000)
-
-
(185)
-
-
3,116
14,356
-
170,282
3|8,542
-
13,901
154
1,000
59
4,750
36,747
2,753
14,360
2,429
738,622
1,628,442|
|---|---|---|---|---|
Page 22
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **18. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Messy Church (Designated) Fund
Churchyard Fund (Designated) Fund
Henlan Children Fund Account
(Designated)
Henllan Institue (Designated) Fund
Xplore Science (Designated) Fund
**Restricted funds**
Churchyard
Nantglyn Churchyard Fund (Restricted)
Fund
Chancel Repair Fund
Chancel Repair Fund St Nefydd & St Mary
Llannefyd
Chancel Repair fund (Restricted) Fund
Churchyard St Mary's Cefn
Churchyard fund
Flower Fund - St Marcella's
Flower Fund - St Mary's
Fabric Fund - St Marcella's
Fabric Fund - St Mary's
Fabric fund
Graveyard Maintenance
Nantglyn Church House
Nantglyn Maintenance Fund
Organ Fund (Restricted) Fund
Old School Restricted
Trewen
Bodfari Chancel Repair Fund (Restricted)
Fund
Fabric Fund - St. Marys (Designated) Fund
Memorial Rose Hedge (Designated) Fund
Xmas Spectacular (Designated) Fund
Tremeirchion Churchyard
M E Mesham CCLA Legacy (Restricted)
Fund
Henllan Institute (Restricted) Fund
Henllan Womn's Group (Restricted) Fund
**TOTAL FUNDS**|Incoming
resources
£
278,717
297
1,490
-
265
300
281,069
97,643
-
-
-
-
733
5,326
199
(1)
57,836
58,487
1
2,534
2,221
-
30
2,224
5,826
1
183
60
244
2,331
(1)
4
-
235,881
516,950|Resources
expended
£
(272,451)
(851)
(3,624)
(370)
(125)
-
(277,421)
(17,302)
-
-
-
-
(130)
(2,025)
(212)
(141)
(369)
(9,014)
-
(1,175)
(2,278)
-
-
(2,146)
(1,257)
-
(24,685)
-
-
-
-
-
2,429
(58,305)
(335,726)|Gains and
Movement
losses
in funds
£
£
(48,348)
(42,082)
-
(554)
-
(2,134)
-
(370)
-
140
-
300
(48,348)
(44,700)
(2,041)
78,300
(16)
(16)
49
49
(194)
(194)
(719)
(719)
-
603
-
3,301
-
(13)
-
(142)
(3,743)
53,724
(805)
48,668
-
1
-
1,359
-
(57)
(1,895)
(1,895)
(490)
(460)
-
78
-
4,569
(811)
(810)
-
(24,502)
-
60
-
244
-
2,331
(362)
(363)
-
4
-
2,429
(11,027)
166,549
(59,375)
121,849|
|---|---|---|---|
Page 23
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **18. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Messy Church
(Designated) Fund
Restoration Fund
(Desginated Fund)
Churchyard Fund
(Designated) Fund
Henlan Children Fund
Account (Designated)
Henllan Institue
(Designated) Fund
Xplore Science
(Designated) Fund
**Restricted funds**
Churchyard
Churchyards fund
(Restricted) Fund
Nantglyn Churchyard Fund
(Restricted) Fund
Chancel Repair Fund
Chancel Repair Fund St
Nefydd & St Mary
Llannefyd
Chancel Repair fund
(Restricted) Fund
Churchyard St Mary's Cefn
Churchyard fund
Flower Fund - St
Marcella's
Flower Fund - St Mary's
Fabric Fund - St Marcella's
Fabric Fund - St Mary's
Fabric fund
Graveyard Maintenance
Nantglyn Church House
Nantglyn Maintenance
Fund
Organ Fund (Restricted)
Fund
Old School Restricted
Trewen
Administrator employment
grant money (Restricted)
Fund
Project - reordering and
upgrading (Designated)
Fund|At 1/1/22
£
1,079,047
472
6,369
11,140
-
-
-
1,097,028
114,289
23,372
10,366
1,974
2,318
8,291
8,341
27,066
(15)
555
72,450
8,146
2,463
3,892
1,708
22,868
5,145
1,720
11,628
2,801
6,844|Prior
year
adjustment
£
-
-
-
-
-
7,771
-
7,771
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Net
movement
in funds
£
(32,111)
(423)
-
(1,668)
(574)
140
300
(34,336)
84,033
(1)
(16)
213
(22)
(103)
603
12,474
(13)
(236)
46,529
22,444
110
2,939
191
(1,321)
(442)
1,149
9,765
(1,644)
-|Transfers
between
funds
£
(162,478)
-
(6,369)
-
2,000
(7,911)
-
(174,758)
(9,324)
5,697
-
-
-
-
-
(2,103)
28
(319)
169
(1,793)
24
650
-
-
134
-
165,000
3,400
(6,844)|At
31/12/23
£
884,458
49
-
9,472
1,426
-
300|
|---|---|---|---|---|---|
||||||895,705
188,998
29,068
10,350
2,187
2,296
8,188
8,944
37,437
-
-
119,148
28,797
2,597
7,481
1,899
21,547
4,837
2,869
186,393
4,557
-|
Page 24
continued...
## **Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
|**18.**
**MOVEMENT IN FUNDS - continued**
Bodfari Chancel Repair
Fund (Restricted) Fund
9,352
Fabric Fund - St. Marys
(Designated) Fund
56
Bylchau Mission Fund
(Designated) Fund
15,901
Memorial Rose Hedge
(Designated) Fund
94
Mission in Trefnant
Tremeirchion Area
(Designated) Fund
1,000
Xmas Spectacular
(Designated) Fund
-
Sound System
4,750
Tremeirchion Churchyard
34,416
M E Mesham CCLA
Legacy (Restricted) Fund
-
Henllan Institute
(Restricted) Fund
-
Church Maintenance and
Repairs (Restricted) Fund
-
Warm Space (Restricted)
Fund
-
Henllan Womn's Group
(Restricted) Fund
-
Bike Ride (Restricted)
Fund
-
Blychau Churchyard Fund
(Restricted)
-
401,791
**TOTAL FUNDS**
1,498,819|-
-
-
-
-
-
-
-
-
-
-
-
2,429
-
-
2,429
10,200|(116)
(24,502)
-
(6)
-
244
(697)
4,715
(110)
(798)
1,065
1,704
3,226
543
284
162,204
127,868|-
508
(2,000)
-
-
(185)
-
-
3,116
14,892
3,711
-
-
-
-
174,761
3|9,236
(23,938)
13,901
88
1,000
59
4,053
39,131
3,006
14,094
4,776
1,704
5,655
543
284
741,185
1,636,890|
|---|---|---|---|---|
Page 25
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
## **18. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Messy Church (Designated) Fund
Churchyard Fund (Designated) Fund
Henlan Children Fund Account
(Designated)
Henllan Institue (Designated) Fund
Xplore Science (Designated) Fund
**Restricted funds**
Churchyard
Churchyards fund (Restricted) Fund
Nantglyn Churchyard Fund (Restricted)
Fund
Chancel Repair Fund
Chancel Repair Fund St Nefydd & St Mary
Llannefyd
Chancel Repair fund (Restricted) Fund
Churchyard St Mary's Cefn
Churchyard fund
Flower Fund - St Marcella's
Flower Fund - St Mary's
Fabric Fund - St Marcella's
Fabric Fund - St Mary's
Fabric fund
Graveyard Maintenance
Nantglyn Church House
Nantglyn Maintenance Fund
Organ Fund (Restricted) Fund
Old School Restricted
Trewen
Administrator employment grant money
(Restricted) Fund
Bodfari Chancel Repair Fund (Restricted)
Fund
Fabric Fund - St. Marys (Designated) Fund
Memorial Rose Hedge (Designated) Fund
Xmas Spectacular (Designated) Fund
Sound System
Tremeirchion Churchyard
M E Mesham CCLA Legacy (Restricted)
Fund
Henllan Institute (Restricted) Fund
Church Maintenance and Repairs
(Restricted) Fund
Warm Space (Restricted) Fund
Henllan Womn's Group (Restricted) Fund
Bike Ride (Restricted) Fund
Blychau Churchyard Fund (Restricted)|Incoming
resources
£
512,609
788
3,443
50
265
300
517,455
109,155
(1)
(32)
-
-
(188)
733
17,255
199
19
60,156
59,644
110
5,314
4,302
574
161
6,768
11,122
-
1
183
211
244
1
4,715
(1)
33,560
1,065
5,268
969
1,062
284
322,853|Resources
expended
£
(527,418)
(1,211)
(5,111)
(624)
(125)
-
(534,489)
(31,146)
-
-
-
-
-
(130)
(4,781)
(212)
(255)
(15,451)
(36,804)
-
(2,375)
(4,111)
-
(198)
(5,619)
(1,357)
(1,644)
-
(24,685)
(217)
-
(698)
-
-
(34,358)
-
(3,564)
2,257
(519)
-
(165,867)|Gains and
Movement
losses
in funds
£
£
(17,302)
(32,111)
-
(423)
-
(1,668)
-
(574)
-
140
-
300
(17,302)
(34,336)
6,024
84,033
-
(1)
16
(16)
213
213
(22)
(22)
85
(103)
-
603
-
12,474
-
(13)
-
(236)
1,824
46,529
(396)
22,444
-
110
-
2,939
-
191
(1,895)
(1,321)
(405)
(442)
-
1,149
-
9,765
-
(1,644)
(117)
(116)
-
(24,502)
-
(6)
-
244
-
(697)
-
4,715
(109)
(110)
-
(798)
-
1,065
-
1,704
-
3,226
-
543
-
284
5,218
162,204|
|---|---|---|---|
Page 26
continued...
**Denbigh Mission Area**
## **Notes to the Financial Statements - continued for the year ended 31 December 2023**
|**18.**
**MOVEMENT IN FUNDS - continued**
**TOTAL FUNDS**|840,308|(700,356)|(12,084)|127,868|
|---|---|---|---|---|
## **19. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2023.
Page 27
## **Denbigh Mission Area**
## **Detailed Statement of Financial Activities for the year ended 31 December 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
Gift aid
Legacies
Grants
Charitable activities
Weddings & funeral income
Magazine/publication sales
**Other trading activities**
Fundraising events
Church building rental
**Investment income**
Other fixed asset invest - FII
Bank interest
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Licensing
Parish share
Vergers, organists and choir
Music and performance expenses
Cost of meetings
Cost of fundraising
**Investment management costs**
Administrative expenses
Property repairs
**Charitable activities**
Children & young people
Church publications
Parish mission work
Support of diocesan projects
Support of church charities
Support of external charities
Clergy expenses
Leasing and hire costs
Parish lay workers
Carried forward|2023
as
£
80,210
38,976
30,313
10,000
44,493
94
50,136
225
254,447
31,461
11,203
42,664
21,028
5,219
26,247
323,358
1,096
166,441
2,598
2,067
-
2,107
174,309
1,644
488
2,132
1,270
50
414
310
292
3,081
5,641
-
225
11,283|2022
restated
£
102,420
35,481
32,464
197,400
17,418
889
45,774
97
431,943
31,774
9,017
40,791
43,464
752
44,216
516,950
1,011
176,639
3,515
4,619
20
2,737
188,541
-
24,820
24,820
2,017
54
600
250
5,120
5,301
5,851
456
352
20,001|
|---|---|---|
This page does not form part of the statutory financial statements
Page 28
## **Denbigh Mission Area**
## **Detailed Statement of Financial Activities for the year ended 31 December 2023**
|**Charitable activities**
Brought forward
General expenditure
**Support costs**
**Management**
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Repairs and maintenance
Cleaning
Development and training
Maintenance of services
Churchyard management costs
Digital services
Computer equipment
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Exceptional items
Total resources expended
**Net (expenditure)/income**|2023
as
£
11,283
2,325
13,608
2,085
15,844
28,965
967
1,404
112,177
3,249
359
3,193
1,957
36
698
170,934
568
3,079
-
3,079
364,630
(41,272)|2022
restated
£
20,001
1,849
21,850
1,839
13,923
25,373
740
1,732
37,589
2,504
-
2,064
6,750
192
-
92,706
798
9,440
(2,429)
7,011
335,726
181,224|
|---|---|---|
This page does not form part of the statutory financial statements
Page 29