**REGISTERED CHARITY NUMBER: 1186438** **Report of the Trustees and** **Unaudited Financial Statements** **for the Year Ended 31 December 2024** **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 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|7| |**Independent Examiner's Report**||8|| |**Statement of Financial Activities**||9|| |**Balance Sheet**||10|| |**Cash Flow Statement**||11|| |**Notes to the Cash Flow Statement**||12|| |**Notes to the Financial Statements**|13|to|28| |**Detailed Statement of Financial Activities**|29|to|30| **Denbigh Mission Area** ## **Report of the Trustees for the year ended 31 December 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 Ss 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 2024** ## **ACHIEVEMENTS AND PERFORMANCE** ## Leadership Reverend Rebecca Sparey is the Mission Area Leader providing strategic oversight. Rebecca also has special responsibility for Liturgy in the Mission Area. Reverend Dan Morgan, who joined in November 2024, has special responsibility for Mission and Community Engagement and Reverend Sam Quilty, who joined us in November 2024, has responsibility for Pastoral Care across the Mission Area. Reverend Sally Harper, NSM priest, has responsibility for Spirituality. Reverend Rebecca Kelly was ordained deacon in July 2024, and is an NSM Associate curate in the Mission Area. There is a growing team of lay worship leaders and pastoral assistants across the Mission Area helping to lead services and take communion to the house bound and into care homes. A mission area building committee overviews maintenance of all church buildings and that faculties are applied for and updated. There are two Mission Area Wardens and wardens within most of the churches. A new Mission Area Administrator/Treasurer is now in post. ## Traditional Worship Patterns for church services are now well established, using the full complement of clergy available, which includes making occasional use of the availability of PTO priests. The majority of churches have a weekly service, with three Eucharists a month, and one lay led service of Morning Prayer. 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. Large scale Remembrance Events were held again this year with outdoor services in most of the towns and villages either on Armistice Day and Remembrance Sunday, and an Ecumenical Service involved three Denbigh churches in Denbigh town centre. Bodfari organised for people within the village and the local school to make poppies that were used to create a fall of poppies from the Lychgate. A growing number of quiet reflective services were held in the latter part of the year from All Souls Services in November to Light up a Life and Blue Christmas services in December. These have continued to grow in popularity, particularly with people from the local communities. Highfield House and Galltfaenan Hall residents joining services in their local churches with support of their carers in Llangwyfan and Henllan Holy Trinity Trefnant held their traditional Pentecost Procession to place flowers on the Memorial Gates. Harvest services continue to be popular with a number of churches also holding gift days at this time of year to aid fundraising. Many churches held Christingles, Carol Services, Crib Services and Midnight Mass Services in various forms which are generally very well attended. ## Welsh Language Provision Welsh Language service provision has continued across the Mission Area. St Mary’s, Denbigh, holds a Welsh Eucharistic service once a month and a bi-lingual lay-led service once a month. 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. All other services include a small amount of Welsh. ## Prayer Spaces Almost all the churches are now open during daylight hours for private prayer. 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 Tremeirchion church also organises an email prayer chain. ## Life Events A number of weddings and baptisms were held across the Mission Area along with funerals. Numbers of these have dropped this year, but this is thought to be linked to clergy leaving the Mission Area and not being replaced until November. It is envisaged that numbers will start to rise again in 2025. Worship Provision for Young People and families Page 2 **Denbigh Mission Area** ## **Report of the Trustees for the year ended 31 December 2024** Much of our worship provision for young people takes place in a culture of evangelism - opening up the Christian Faith to people from outside the church, and providing a safe place for people to ask questions and explore their spirituality and beliefs. Messy Church has continued in Llandyrnog. There have been regular Sunday All Age Worship/Family services in Denbigh, Tremeirchion and Trefnant. Prayers and Bears for Under 5s has continued to be popular in Trefnant and Henllan. These sessions are attended by individual families, alongside the younger members of the local schools. Joyful Noise a musical service for primary aged children continues its monthly provision in St Mary’s Denbigh. In December Caerwys and Trefnant ran a pilot Prayers and Create service for primary aged children, based upon a Godly Play model. Christmas Blessing bags were packed and distributed in Trefnant village and the church also attracted many younger people to its Carols at the lighting of the village tree followed by stories around the fire, 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 100) 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, building upon the successful service last year. Messy Church in Llandyrnog held their popular Advent Calendar Messy Church. Many schools hold their Christmas carol services and concerts in our church buildings. Of particular note, St Brigid’s Catholic school held their Advent Carol service in Bodfari after a break last year, and Llandyrnog hosted their school carols for the first time. The Mission Area has four Church in Wales primary schools, one Catholic school (age 3-18), and numerous county primary schools, and one secondary school. Schools worship has continued with priests taking assemblies in a large number of primary schools (church and community). 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 school Nativity services and plays in their local churches. Pupils from Tremeirchion meet in the church for a weekly assembly which is regularly led by the priest or members of the congregation. 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. ## Mission In Tremeirchion work has continued in replacing damaged stiles with new gates along the local footpaths and the church won a National Churches Trust Award for their Community and Volunteer Engagement. Llannefydd introduced a Pilgrim Pod into the church to provide tea and coffee for walkers. Building on their previous engagement for visitors led to them being awarded a National Churches Trust Award for Welcoming Visitors. Many of our churches have seen increased Pilgrim/Tourist footfall over the past year, and it is our intention to increase this further during 2025. The Tremeirchion Bach Choir (which draws a wide range of people into the church to sing) performed Bach’s Christmas Oratorio in Corpus Christi in December and prepared for Bach’s St John’s Passion on Good Friday although now performed in the Cathedral due to the numbers attending. Tea and talk for people who feel isolated runs monthly in St Mary’s Denbigh with either speakers or quizzes. Trefnant hosts a bookclub. Caerwys run a post-retirement Friday lunch club meets weekly in church providing hospitality and fellowship. 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 which along with providing hospitality also raise funds for the churchyard maintenance fund. In Henllan, the Warm Space has continued to be very successful, regularly serving between 40 to 60 hot meals every Thursday, along with distributing surplus food from the supermarkets. Denbigh, Caerwys, Trefnant, Bodfari, Henllan, Llandyrnog and Tremeirchion all have collection boxes for donations to the foodbank, Tremeirchion also collect clothing for SHARE whilst Llandyrnog has a collection box for items for Women’s Aid. 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.. Page 3 **Denbigh Mission Area** ## **Report of the Trustees for the year ended 31 December 2024** 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. ## Discipleship Discipleship has been encouraged through a monthly bible study group, a monthly Prayer for Growth Group, and running the Bishop’s Advent course and a Lent courses. When possible clergy met regularly to pray together each morning, so all activity within the Mission Area is rooted in prayer. At times when there was only one cleric they joined with Morning Prayer in the Cathedral. 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 and Bodfari churches also participated in CPAS Leading Evangelism Course which concluded in November. ## 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. All the churches across the Mission Area engaged with the Rocha Eco Church Scheme. All churches already hold an Eco Award. This year Henllan was the second church in Wales to be awarded a gold award. Other churches are now starting to look at increasing their eco-credentials to achieve the next level of award. Maintenance work has continued in churches across the Mission Area, under the guidance of the Mission Area Buildings Committee. Grant funding has been successfully secured for projects across the Mission Area. Work has continued in preparing to re-order the building in Bodfari to provide community space with a toilet, meeting space and a kitchen, whilst retaining sacred worship space. ## Pastoral Care Funeral visits, and pastoral care continues to take place, services take place in residential homes, and home communion visits, with the increasing involvement of lay pastoral visitors. Further pastoral assistants have been commissioned this year. ## 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. Ecumenical services are held in Llannefydd and Henllan during Christian Aid Week as well as regular social events together too. Page 4 **Denbigh Mission Area** ## **Report of the Trustees for the year ended 31 December 2024** ## **FINANCIAL REVIEW** ## **Financial review** 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. Direct Giving remains the most popular way to donate to church funds by congregations, with gift aid reclaimed by Cardiff and sent to the Mission Area. A small number of people still donate by the envelope scheme. Gift aid is also reclaimed through the GADS scheme for money donated on the plate. A drop in life event services has seen an associated drop in income for some of the churches. Contactless payment stations are available for tourists to make donations in some of the churches. 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. ## **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 2025 the Mission Area is looking to foster a culture of prayer, discipleship and faith sharing. It is envisaged that through this deepened discipleship the church will start to grow as people become more confident in telling others about the good news of Jesus. 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. ## **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 2024** ## **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 2024 to the date this report was received are: Ex-officio members: Rev’d Rebecca Sparey-Taylor (Mission Area Leader) Rev’d Martin Pritchard (to September 2024 only) 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) Anne Hughes-Jones (MA Warden) Co-opted Norma Rowles (Reader/secretary) Elected members: Roger Mullock (MA Warden) Mary Steel (Safeguarding Officer) Christine Parnell Anne Needham Carole Bellis Angeline Lawson Margaret Dooley Sally Henderson David Meredith Jones Paul Williams Gareth Williams This report is approved by order of the board of trustees on 21st June 2025. And signed on its behalf by: Rev'd Rebecca Sparey-Taylor (Mission Area Leader) Page 6 **Denbigh Mission Area** ## **Report of the Trustees for the year ended 31 December 2024** Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................................... Rev'd R Sparey-Taylor - Trustee Page 7 **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 2024. ## **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 8 ## **Denbigh Mission Area** ## **Statement of Financial Activities for the year ended 31 December 2024** |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 on investments
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
15
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
166,246
19,309
19,717
205,272
194,958
125,749
320,707
28,392
(87,043)
16,568
(70,475)
871,767
801,292|Restricted
funds
£
77,238
23,021
10,168
110,427
1,886
106,508
108,394
54,352
56,385
(16,569)
39,816
762,694
802,510|2024
Total
funds
£
243,484
42,330
29,885
315,699
196,844
232,257
429,101
82,744
(30,658)
(1)
(30,659)
1,634,461
1,603,802|2023
Total
funds
£
254,447
42,664
26,247| |---|---|---|---|---| |||||323,358| |||||190,955
173,675| |||||364,630| |||||47,291| |||||6,019
-| |||||6,019
1,628,442| |||||1,634,461| The notes form part of these financial statements Page 9 ## **Denbigh Mission Area** ## **Balance Sheet 31 December 2024** |Notes
**FIXED ASSETS**
Tangible assets
11
**Investments**
Investment property
12
Social investments
13
**CURRENT ASSETS**
Debtors
14
Cash at bank
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
-
-
498,829
498,829
6,861
295,602
302,463
302,463
801,292
801,292|Restricted
funds
£
1,395
215,000
276,184
492,579
(6,844)
316,775
309,931
309,931
802,510
802,510|2024
Total
funds
£
1,395
215,000
775,013
991,408
17
612,377
612,394
612,394
1,603,802
1,603,802
801,292
802,510
1,603,802|2023
Total
funds
£
2,092
175,000
772,048| |---|---|---|---|---| |||||949,140
17
685,304| |||||685,321| |||||685,321| |||||1,634,461| |||||1,634,461| |||||871,767
762,694| |||||1,634,461| 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 10 ## **Denbigh Mission Area** ## **Cash Flow Statement for the year ended 31 December 2024** |||2024|2023| |---|---|---|---| ||Notes|£|£| |**Cash flows from operating activities**|||| |Cash generated from operations|1|(102,812)|(12,008)| |Net cash used in operating activities||(102,812)|(12,008)| |**Cash flows from investing activities**|||| |Interest received||5,802|5,219| |Dividends received||24,083|21,028| |Net cash provided by investing activities||29,885|26,247| ||||| |**Change in cash and cash equivalents in**|||| |**the reporting period**||(72,927)|14,239| |**Cash and cash equivalents at the**|||| |**beginning of the reporting period**||685,304|671,065| |**Cash and cash equivalents at the end of**|||| |**the reporting period**||612,377|685,304| The notes form part of these financial statements Page 11 **Denbigh Mission Area** ## **Notes to the Cash Flow Statement for the year ended 31 December 2024** |**1.**|**RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING**|**RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING**|**ACTIVITIES**| |---|---|---|---| |||2024|2023| |||£|£| ||**Net (expenditure)/income for the reporting period (as per the Statement**||| ||**of Financial Activities)**|(30,658)|6,019| ||**Adjustments for:**||| ||Depreciation charges|698|698| ||(Gain)/losses on investments|(42,967)|7,346| ||Interest received|(5,802)|(5,219)| ||Dividends received|(24,083)|(21,028)| ||Decrease in debtors|-|176| ||**Net cash used in operations**|(102,812)|(12,008)| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** ||At 1/1/24|Cash flow|At 31/12/24| |---|---|---|---| ||£|£|£| |**Net cash**|||| |Cash at bank|685,304|(72,927)|612,377| ||685,304|(72,927)|612,377| |**Total**|685,304|(72,927)|612,377| The notes form part of these financial statements Page 12 **Denbigh Mission Area** ## **Notes to the Financial Statements for the year ended 31 December 2024** ## **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
Carried forward|2024
£
74,387
43,610
22,361
4,801
53,425
50
43,316
150
242,100|2023
£
80,210
38,976
30,313
10,000
44,493
94
50,136
225| |---|---|---| |||254,447| Page 13 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **2. DONATIONS AND LEGACIES - continued** |Brought forward
Insurance claims
Grants received, included in the above, are as follows:
MA Rebate
Churchfields Trust
DVSC
Co-op
Benefact Trust
Neighbourly
Denbigh Rotary Club
Lidl Foundation
Childrens Summer Club
Defib
DCC
Cogog
Community Council
DBF
National Churches Trust
KeyFund- Solar Panels
Asda Foundation
Parochial Charities
Marsh Trust Award Gift
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Church building rental
**4.**
**INVESTMENT INCOME**
Other fixed asset invest - FII
Bank interest|2024
£
242,100
1,384
243,484
2024
£
4,034
3,500
30,776
1,064
2,100
230
600
500
500
1,200
1,535
100
1,500
5,036
750
-
-
-
-
53,425
2024
£
29,544
12,786
42,330
2024
£
24,083
5,802
29,885|2023
£
254,447
-|2023
£
254,447
-| |---|---|---|---| |||254,447|| ||||2023
£
884
-
-
-
-
-
100
-
-
-
-
-
2,089
17,270
-
22,000
400
1,000
750| ||||44,493| ||||2023
£
31,461
11,203| ||||42,664| ||||2023
£
21,028
5,219| ||||26,247| Page 14 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **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 fundraising
**Investment management costs**
Administrative expenses
Property repairs
Aggregate amounts
**6.**
**CHARITABLE ACTIVITIES COSTS**
Costs of generating income
**7.**
**SUPPORT COSTS**
Management
£
Raising donations and legacies
698
Costs of generating income
199,400
200,098|2024
£
698
2024
£
236
187,904
3,575
2,249
1,092
195,056
2024
£
1,090
-
1,090
196,844
Support
Direct
costs (see
Costs
note 7)
£
£
15,916
216,341
Governance
Finance
costs
£
£
-
-
667
16,274
667
16,274|2023
£
14,514
2023
£
1,096
166,441
2,598
2,067
2,107|2023
£
14,514| |---|---|---|---| |||174,309|| |||2023
£
1,644
488
2,132
190,955|| |||Totals
£
232,257|| |||Totals
£
698
216,341|| |||217,039|| Page 15 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **8. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **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**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Costs of generating income
**Total**
Net gains on investments
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
As previously reported
Prior year adjustment
**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
(28,417)
(18,054)
889,820
-
889,820
871,766|Restricted
funds
£
57,744
19,885
9,343
86,972
35,111
72,450
107,561
16,245
(4,344)
28,417
24,073
736,193
2,429
738,622
762,695|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| Page 16 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **11. TANGIBLE FIXED ASSETS** |**COST**
At 1 January 2024 and 31 December 2024
**DEPRECIATION**
At 1 January 2024
Charge for year
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
**12.**
**INVESTMENT PROPERTY**
**FAIR VALUE**
At 1 January 2024
Revaluation
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
Fair value at 31 December 2024 is represented by:
Valuation in 2021
Valuation in 2022
Valuation in 2024|Computer
equipment
£
2,790
698
697
1,395
1,395
2,092
£
175,000
40,000
215,000
215,000
175,000
£
25,000
150,000
40,000
215,000| |---|---| 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. ## **13. SOCIAL INVESTMENTS** |**MARKET VALUE**
At 1 January 2024
Revaluations
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023|Other
investments
£
772,048
2,965
775,013
775,013
772,048| |---|---| Page 17 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **13. SOCIAL INVESTMENTS - continued** Cost or valuation at 31 December 2024 is represented by: ||||Other| |---|---|---|---| ||||investments| ||||£| ||Valuation in 2021||56,507| ||Valuation in 2022||722,887| ||Valuation in 2023||(7,346)| ||Valuation in 2024||2,965| ||||775,013| |**14.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |||2024|2023| |||£|£| ||Other debtors|17|17| Page 18 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15. MOVEMENT IN FUNDS** |**Unrestricted funds**
General fund
Messy Church (Designated) Fund
Churchyard Fund (Designated) Fund
Henlan Children Fund Account (Designated)
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
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
Bodfari Chancel Repair Fund (Restricted)
Fund
Bylchau Mission Fund (Designated) Fund
Memorial Rose Hedge (Designated) Fund
Mission in Trefnant Tremeirchion Area
(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)|At 1/1/24
£
860,520
49
9,472
1,426
300
871,767
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
-
9,236
13,901
88
1,000
59
4,053
39,131
3,006
14,094
4,776
1,704
3,226
543
284|Net
movement
in funds
£
(88,277)
416
1,332
(514)
-
(87,043)
4,385
1
-
174
-
562
-
4,200
6,743
(1,576)
133
(2,259)
(373)
589
(86)
(1,555)
45,780
3,911
868
-
-
-
-
-
(698)
(2,966)
29
(1,840)
(3,900)
2,437
(525)
-
2,421|Transfers
between
funds
£
16,618
-
-
(50)
-
16,568
7,184
(943)
-
-
-
87
(8,944)
(3,206)
22,394
(19,046)
-
-
-
-
-
-
500
-
(865)
101
(13,901)
-
-
-
-
-
-
-
-
-
-
-
-|At
31/12/24
£
788,861
465
10,804
862
300| |---|---|---|---|---| |||||801,292
200,567
28,126
10,350
2,361
2,296
8,837
-
38,431
148,285
8,175
2,730
5,222
1,526
22,136
4,751
1,314
232,673
8,468
3
9,337
-
88
1,000
59
3,355
36,165
3,035
12,254
876
4,141
2,701
543
2,705| Page 19 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15.** ## **MOVEMENT IN FUNDS - continued** |**MOVEMENT IN FUNDS - continued**||||| |---|---|---|---|---| |Dis Access - Henllan Disability Access
(Restricted) Fund
**TOTAL FUNDS**|-
762,694
1,634,461|(70)
56,385
(30,658)|70
(16,569)
(1)|-| |||||802,510| |||||1,603,802| Net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|202,008|(318,677)|28,392|(88,277)| |Messy Church (Designated) Fund||||| ||1,022|(606)|-|416| |Churchyard Fund (Designated) Fund|2,242|(910)|-|1,332| |Henlan Children Fund Account (Designated)|-|(514)|-|(514)| ||205,272|(320,707)|28,392|(87,043)| |**Restricted funds**||||| |Churchyard|16,346|(18,871)|6,910|4,385| |Churchyards fund (Restricted) Fund|1|-|-|1| |Chancel Repair Fund|-|-|174|174| |Chancel Repair fund (Restricted) Fund||||| ||(1)|-|563|562| |Churchyard fund|9,291|(5,059)|(32)|4,200| |Fabric Fund - St Marcella's|3,112|(2,141)|5,772|6,743| |Fabric Fund - St Mary's|1,523|(3,524)|425|(1,576)| |Fabric fund|133|-|-|133| |Graveyard Maintenance|3,859|(6,118)|-|(2,259)| |Nantglyn Church House|2,506|(2,879)|-|(373)| |Nantglyn Maintenance Fund|(1)|(5)|595|589| |Organ Fund (Restricted) Fund||||| ||118|(204)|-|(86)| |Old School Restricted|5,444|(6,999)|-|(1,555)| |Trewen|5,780|-|40,000|45,780| |Administrator employment grant money||||| |(Restricted) Fund|4,730|(819)|-|3,911| |Project - reordering and upgrading||||| |(Designated) Fund|868|-|-|868| |Sound System|-|(698)|-|(698)| |Tremeirchion Churchyard|2,659|(5,625)|-|(2,966)| |M E Mesham CCLA Legacy (Restricted)||||| |Fund|84|-|(55)|29| |Henllan Institute (Restricted) Fund|24,127|(25,967)|-|(1,840)| |Church Maintenance and Repairs||||| |(Restricted) Fund|23,100|(27,000)|-|(3,900)| |Warm Space (Restricted) Fund|3,095|(658)|-|2,437| |Henllan Womn's Group (Restricted) Fund|1,232|(1,757)|-|(525)| |Blychau Churchyard Fund (Restricted)|2,421|-|-|2,421| |Dis Access - Henllan Disability Access||||| |(Restricted) Fund|-|(70)|-|(70)| ||110,427|(108,394)|54,352|56,385| |**TOTAL FUNDS**|315,699|(429,101)|82,744|(30,658)| Page 20 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15. MOVEMENT IN FUNDS - continued** Page 21 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**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 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
Bodfari Chancel Repair
Fund (Restricted) Fund|At 1/1/23
£
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
8,542|Prior
year
adjustment
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Net
movement
in funds
£
9,971
131
466
(204)
-
-
10,364
5,733
(1)
-
164
172
616
-
9,173
(94)
(7,195)
(26,224)
109
1,580
248
574
18
1,071
5,196
(1,644)
-
694|Transfers
between
funds
£
(28,277)
-
-
-
(140)
-
(28,417)
3,687
2,214
-
-
-
-
-
(2,103)
(122)
-
23,938
-
-
-
-
-
-
-
3,400
(6,844)
-|At
31/12/23
£
860,520
49
9,472
1,426
-
300| |---|---|---|---|---|---| ||||||871,767
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
-
9,236| Page 22 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** |**15.**
**MOVEMENT IN FUNDS - continued**
Bylchau Mission Fund
(Designated) Fund
13,901
Memorial Rose Hedge
(Designated) Fund
154
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|-
(66)
-
-
(697)
2,384
253
(802)
1,065
1,704
797
543
284
(4,345)
6,019|-
-
-
-
-
-
-
536
3,711
-
-
-
-
28,417
-|13,901
88
1,000
59
4,053
39,131
3,006
14,094
4,776
1,704
3,226
543
284| |---|---|---|---|---| |||||762,694| |||||1,634,461| Page 23 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15. 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)
**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 24 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15. 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
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 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
Bodfari Chancel Repair
Fund (Restricted) Fund|At 1/1/23
£
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
8,542|Prior
year
adjustment
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Net
movement
in funds
£
(78,306)
547
1,798
(718)
-
-
(76,679)
10,118
-
-
338
172
1,178
-
13,373
(94)
(452)
(27,800)
242
(679)
(125)
1,163
(68)
(484)
50,976
2,267
868
694|Transfers
between
funds
£
(11,659)
-
-
(50)
(140)
-
(11,849)
10,871
1,271
-
-
-
87
(8,944)
(5,309)
(122)
22,394
4,892
-
-
-
-
-
-
500
3,400
(7,709)
101|At
31/12/24
£
788,861
465
10,804
862
-
300| |---|---|---|---|---|---| ||||||801,292
200,567
28,126
10,350
2,361
2,296
8,837
-
38,431
-
148,285
8,175
2,730
5,222
1,526
22,136
4,751
1,314
232,673
8,468
3
9,337| continued... Page 25 **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** |**15.**
**MOVEMENT IN FUNDS - continued**
Bylchau Mission Fund
(Designated) Fund
13,901
Memorial Rose Hedge
(Designated) Fund
154
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)
-
Dis Access - Henllan
Disability Access
(Restricted) Fund
-
736,193
**TOTAL FUNDS**
1,626,013|-
-
-
-
-
-
-
-
-
-
2,429
-
-
-
2,429
2,429|-
(66)
-
-
(1,395)
(582)
282
(2,642)
(2,835)
4,141
272
543
2,705
(70)
52,040
(24,639)|(13,901)
-
-
-
-
-
-
536
3,711
-
-
-
-
70
11,848
(1)|-
88
1,000
59
3,355
36,165
3,035
12,254
876
4,141
2,701
543
2,705
-| |---|---|---|---|---| |||||802,510| |||||1,603,802| Page 26 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** ## **15. 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)
**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 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
Project - reordering and upgrading
(Designated) 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)
Dis Access - Henllan Disability Access
(Restricted) Fund|Incoming
resources
£
435,900
1,513
4,195
50
441,658
27,858
(32)
-
-
(189)
21,220
20
5,432
2,680
242
6,639
4,587
573
249
9,988
11,076
4,730
868
-
151
1
5,043
84
57,683
24,165
8,363
2,201
1,062
2,705
-
197,399|Resources
expended
£
(573,644)
(966)
(2,397)
(768)
(577,775)
(32,715)
-
-
-
-
(7,815)
(114)
(17,223)
(31,314)
-
(7,318)
(4,712)
(5)
(402)
(10,472)
(100)
(2,463)
-
-
(217)
(1,396)
(5,625)
-
(60,325)
(27,000)
(4,222)
(1,929)
(519)
-
(70)
(215,956)|Gains and
Movement
losses
in funds
£
£
59,438
(78,306)
-
547
-
1,798
-
(718)
59,438
(76,679)
14,975
10,118
32
-
338
338
172
172
1,367
1,178
(32)
13,373
-
(94)
11,339
(452)
834
(27,800)
-
242
-
(679)
-
(125)
595
1,163
85
(68)
-
(484)
40,000
50,976
-
2,267
-
868
694
694
-
(66)
-
(1,395)
-
(582)
198
282
-
(2,642)
-
(2,835)
-
4,141
-
272
-
543
-
2,705
-
(70)
70,597
52,040| |---|---|---|---| Page 27 continued... **Denbigh Mission Area** ## **Notes to the Financial Statements - continued for the year ended 31 December 2024** |**15.**
**MOVEMENT IN FUNDS - continued**
**TOTAL FUNDS**|639,057|(793,731)|130,035|(24,639)| |---|---|---|---|---| ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2024. Page 28 **Denbigh Mission Area** ## **Detailed Statement of Financial Activities for the year ended 31 December 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gifts
Donations
Gift aid
Legacies
Grants
Charitable activities
Weddings & funeral income
Magazine/publication sales
Insurance claims
**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 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
Carried forward|2024
£
74,387
43,610
22,361
4,801
53,425
50
43,316
150
1,384
243,484
29,544
12,786
42,330
24,083
5,802
29,885
315,699
236
187,904
3,575
2,249
1,092
195,056
1,090
-
1,090
1,055
852
940
-
1,070
3,917|2023
£
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
2,336| This page does not form part of the statutory financial statements Page 29 **Denbigh Mission Area** ## **Detailed Statement of Financial Activities for the year ended 31 December 2024** |**Charitable activities**
Brought forward
Support of external charities
Clergy expenses
Leasing and hire costs
Parish lay workers
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
Total resources expended
**Net expenditure**|2024
£
3,917
2,946
3,603
114
14
5,322
15,916
1,634
19,503
31,108
1,156
596
129,046
3,261
-
2,783
10,019
294
698
200,098
667
16,274
429,101
(113,402)|2023
£
2,336
3,081
5,641
-
225
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
364,630
(41,272)| |---|---|---| This page does not form part of the statutory financial statements Page 30