REGISTERED CHARrrY NUMBER: 1187259 Report of tho Tru•* and Umudlted FlnuKlal Slat•m•nt8 for th• Ymr End•d 31 D•c•mber 2W23 THE PAROCHIAL CHURCH COUNCIL OF THE crry PARISH OF ST JOHN THE BAPTIST, CARDIFF MHA (trading name of MHA Acmsory Llmitedl Ell¢d House Oak Tree Court Cardiff Gale Busingss Park CARDIFF County ol Cardlff CF23 8RS
THE PAROCHIAL CHURCH COUNCIL OF THE Cy PARISH OF ST JOHN The BAPTIST, CARDIFF Cant¢nts ofthe Financial ststsn FOR THE YEAR ENDED 31 DECEMBER 2023 Pa9• Rwort ofth•Tru•te 1 to 5 Indep•ndont Examln•t• Report 8tat•mont ol Flnanclal AcOvlll•• B•l•nc• 8h••t Nol•• to th• FlnAndal Stat•m•ntg 9 to 17 D•t•ll•d StAl•m ol Flrnnew AcJvStl 18 to 19
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CARDIFF Report of the Truste8s FOR THE YEAR ENDED 31 DECEMBER 2W23 The Pafochial Church Cou11 IPCCI are plgasod to pent their report togethèr with the financlal Etstents of the Parish lor the ar anded 31 Decembar 2023. Legal ènd adminlslratfve infoThn8Oon set out in tha foregolng pages lomÈ part of this rèport. The financial slatements comply wlth the Cu8nt statulory rèquirements ol the Charthes Commis&on Statement of Reccffjmend8d Praeuce, and th8 Chuych in Wal88 A¢counts'ng Regulations. OBJECTIVES AND ACTIVITIES Oblocts. Prln¢lpal ActlvbtiOB and Organlsation Struciuye of Parl8h The eompositKJn, ptmers and procedure8 of Ihe Par(Khlal Church Councll IPCC) are sel out in the Constitulk)n of the Church In Wab8. It is the r6spon91bility of Ihe IrKumb8nl and Ihe PCC to consult tog8lher and to ctroperale In all matters ol con¢&m and Importance to the Parish lor the pr¢)motth ol the whol8 ml&won ol th& Church, pa3torai, evangellstk. soclal and ecurnenlcal in lh8 Parish as wgl a6 omcfflg the coMrnercl and admlni8tratfvg community of Ihe clty. actlon to the PCC lakes ploc6 annually at the Annual Ve81ry whh Is hokl not later than 30 Aprfl. AJI Fer$¢8 prcperty gnlgrgd on the Elactord Roll of tha ParfBh may offor tM88 a8 candklalss for obotlon to Ihe PCC and, on belng 818Cted, dgn Ihg Declaratt¢M lo bg bound by Ihg Artklos and Const¢JI10D ol tha Church In Wale8. The PCC ccffltrols the parl8h budget and all axpendrture. Itlg al80 charggd wtth the Ca of chur¢h labrio. chuTchyard8, anclllary buildings and clergy hryJ888. 11 may al80 do81 with other matters r¢foYrad there lo Sn accordancg wlth thè ConSNtu0n. The PCC Is also the nornal channol ot commun1cBOn bthe8n th8 parfshlongrs and tho Bl$hop ol th Diocese. Tho ¢hurth became a regist8red charity, undor the name of The Parochlal Church Cwncll of tho Clty Parfsh ol Sl John tho Baptl8t. Cardlff on 8 January 2020. The ¢harlty re$traon nurnber IS 1187259. stafflng The Revd Sarah J¢)ne8 was Ilcensod as Prlest-Sn-Chorge ol the parfsh on 18 Ocl¢Jber 2018 by the Bishop ol Llandatf tho Right Rèvd June Osbome, and th6 Archd8a¢on ol Llandaff, tho V8neiabie Poggy Jkckson. On 29 September 2019 sho wa8 apnted a Conon olth6 Grealer Chaptor of Llandaff Cgthedral. Revd. Stephen Roberts was Ilcen8ed as a non-stipendlary AsBlstant Prf88t 9 Januery 2022 by the Archdeacon c4 Lhndaff, th8 Venorablo Rod Green. Revd Haather Temple-William$ was ordained deacon on 24 June 2023 by the BSshop of Uandaff th¥ Right Aevd Mory stallard and slated to serve her ¢uracy In tho parlsh as a non-stiP8ndiary d&acon.
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST. CARDIFF Report of Ihe Trust¥ FOR THE YEAR ENDED 31 OECEMBER 2023 OBJECTIVES AND ACTIVITIES AGtlvltles And a¢hlev•mBnts The Parcthial Church Councll mèt 9 times during 2023 01 whlch 4 wgrg ¢)ducted ffiline u&ng Zoom. mad8 included thg creatlon ol relreshmenl facllltlts in the north aisle of the church., Iha upgrading ol the churches PA system and the purchasa ol a new phot0p18r (the latter two taking athanta ol Dioc¢san grants). There was also contlnulng dlscusdon on the future stralegy for the chureh, with regard to expansion ol Its mlnlstry and attraction ol vi&tors. Also discussed wer8 bulldng security and malnlonance Issues,. finance., and other day-to4day matter8. Safeguarding. and h&ath and salety were standlng &nda tiems at all me&tlng& Thè Church We ballev8 Ihal God's prfmary call urA)n our lives, lo parNclpate in hls MIOn lo hi8 worfd In Cardllfs emy cénlre, can ba understocKI through reflectlng both fx) our patron salnt, John thg Baptlst, and [ the Seven SacTed Spaces of falthlul Christian communthe8. For u8, it 16 a call lo hoty hospitality, through whth we point oth•r8 to lollow JeBU6 rnore c108aty- Our desire 18 that evory¢ne who Ives. works, shops er vlsits in cenlral Cardlff, should know thgmselves Invited and wekomed to 8ntar Sl John'8. and wtthln should fitKI an Oprtunty to er(*jntar the lin9 Qod. and so leave hawng b8&n •n¢ouraged to tak8 a lurthei 8tw on thelr pifgrlm lourn&y. Can Sarah re¢ognis8S thAI thls call lo 01Y hospitalty. has slnc8 provkla(l a valuatrAe guiding PTlnclp16 for engoglng in a coherent way wfth the great range of opportunllies that come before St John's. Tha roordodng ol the West Doors and entrance, wbth thr sets of glass doors, opangd lor putlC u88 ITOM 1 March 2014. has gr¢ally enhanced the senso of cy8nne88 and wakon8 tothe city, arnl encouragèd more viwtt>r$. The ¢hurch w88 usually opan from 10am to 3pm. Monday lo Saturday, thank8 to a dedlcated team ol vduntoer8 who cpon9d ot)d ¢10sed tho bullding. Kal&Sd08¢0pe h88 continued to usa the vgsty block a$ a ba8e for Iheir Bctivhles In th8 centr8 ol Cardrfl provldlng addlclion coun8glllng an(J support. A Sm1 relreshmont18¢11ty wa8 Installed Sn the oulgr noth al810, makbng use ol the north porch aroa, St John'8 continues to Sagk lo grow and develop, and to Y Its part In thè 80clal, cultural and Splrttual of Cardiff. The church 18 tIvelY committed to lncluVty among its community and by engAgttmènl wlth other In¢luslve organisatk)ns an(1 the wlder cty of Cardlff. Tho PCC Is keen to grow the number ol stud8nl8 who wotsh¥) at St John's. The Ilberal and carelul attention to xrlptur¢, and comrnllmtrnt lo ClaSC Angllcan Worshlp 18 etsn 88 an attr4cUvo off&rlng. Larg9 numb&rs of vldtorn - Iwrfsts 8nd pllgrlm8 - v18h throughoul th& year, and varitsJ8 hav8 boon taken to enhance tholi ¢ngagement with All that thè building offers, as bo1h o hlstorkal sl1& and a pla¢8 ol lfvlng worehlp. Much use Is made both of the Votlve candle stand. and the prayer board. Ckn the 1 January 2022 Sl Johns becamè part ol the Calcffi y Dina6 Mlnlslry Area, whkh also includes Sl ma,6 Qaballa wizh St Phlllj's Tramorta, EgyS Dewl Sant. Urban Croftgr6 In Roath, and Clllzen Church Sn Cathays. The main Sunday seNice is Sung Eucharist al 10am wlth a Ilve Internat S8NI¢g on Facebook and YouTub8 at 4pm, recordlng of ¥vhi¢h being acCeSbIe by telephone from an hwr later. There 1$ al80 4 8¢ryice of Hc4y Euohortst al 12 noon on Frklays. Evening prayer takes plac8 vla Zoom at 5pm Monday to Frhlay. Page 2
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPMST. CARDIFF Report ofth¢ Tru6tees FOR THE YEAR ENDED 31 DECEMBER 21Y23 ACHIEVEmEr AND PERFORMANCE Communlty Engagnt St John's continues ol subscribè to member8hl) ol Visit Cardiff NetWOTk, and benefits from being prnOtsd as a vlsTtor attractlon as part of Cardlffs herflage offer. Tho profile ol Sl Jthn's cm sociol media 18 $UPPOrted Ihrough Facebook and Twltter accounts, and participation in sitès swh as TripAdvlsor, tha Groat8r Churches Nthork and so forth. These suWement the redesiwed website. Tha ¢ommunlcations ta$k is also $nhar¢ced by noliceboards giving regular servicg t1rn88 ond publlaty rnalerf on A1 Noticè Boards wtsbde church. The programme of monlhly organ and other eonc6rts an e8tobllsh8d part of Cardffs muskal life continued Ihroughoul 2023. Concerts and events by other organlsall¢)ns conlnu8d to gradually increase and relum towafd8 pre-covld levels. Durlng the year, Sl John's 8UPPOrtod the ClZan8 Cyrnru Wales. the knal gTOUP Ot Clbzen8 UK. through Ihe membershlp ol Llandaff Dlocese", supported Cardllf Street Pastors: and gave contlnulng support lo Huggard, among cther charrtle8. A HOMe$S Café wa8 hosted at St John'8 on Tuesday momlngs, In cc414tati0n whh Uandaff Cathedrd. School Tha Parish malntsln8 Ilnks wllh TrodegaNllle Schcd through tha Chalr d Govemor3. Mr Evan Chapman, vA)016 al80 St John's PCC Trgasuror, Is the Chalr of Gov8mor8. P•r8onn•l Healhor Temple-wllllamg. an Ordinand al St PadAm'$ Theologlcal Colleg8, ¢ontlnued her trAlnlng pla¢gm8nt wth th8 parish until May 2023. She was ordalng(F In June and romaSn6d wilh the paHsh as a nth)-stlpgndlory dg9¢0n. Along81de the ¢l$rgy Sl John'6 h98 0 dedkatsd tsarn ol wardons and other volunteers. Ttr yoarthhofjd The areas continue lo bo the bjrther dovelopmont of St John'$ os a Centr8 of Worshlp and D18clplgshlp, Sl John's as a Cantre ol Community, St John's as a Cenlrè ol Culture 8nd St John'$ as a Centr& ol Care lor the Communty. In portUlr dudng 2024 further ways of maklng the church more usabl8 need lo be developod. In¢luthng Issues of 8u6talnatAe levals of staffing. FINANCIAL REVIEW Flnanclal po$ition Thg ¢harity's results ara reported In the Statement ol Flnanclal Acllvtti85 p898 7. A total of £83 016 re8our$ came in12022 e79,1231 and a total ot £132,984 12022 £91,154) wa8 spent. Thls gave a net deflch of £42,180 12022 £24,294) aft8f recognising galnwlos888 on invostments. The balance of funds bToughl forward wa$ £535,988 an¢J thls gave a net total of £493,828. Thls Is Tepr8sènted by £312,683 in unrestrlcted fund$, £142,8Cfj restrfcted funds. and £38,539 in en(kywfflonl lunds. Tha tru8tee8 hav& no material Int0rn9t In the charlvs transacllons. Publlc l)wofft We hav& referred lo the guldancè contalned In the Charlty Comrnlssky)'s pneral guldance fj) p(l)IK btsn when i6wlng OLtrr aims and objeclive$ ond in plannSng our lulure actmtigs. In parhcular, thg PCC consid¢r how planned acfjvitl&s will c¢nlrt)ute to the &ims and obleetlveB Ihoy have Set. In Tecenl lim8s thè church ha$ ben81iled from donations towards general upkeep. The City Parish of Sl John the Bapll81 Is of benolit lo the public in belng a place ol worship- and addilionally normally ¢)pen daily lo the public, and also holds public ¢oneerts. It also promdes worklng space for other ctri8rilable organisaticS 4)er8Ung 5n the chy centr&. Tho church is 8 building of hislorlc and archit¢¢tural importan¢e and is open daily to visrf(ors. I:"!$k rovlew '.ie PC- has conducted ils own rbvi¥tr.- the major risks lo which the Parish is expo8ed and syst8m- "lthishad to rnitfjg47te Ihosa rfsks. Thp ~. , o ams 8re periodically revlewed to ènsure that th¢y sill meet tne needs ol the rish.
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN TrIE BAPTIST, CARDIFF Report ofthe Trust FOR THE YEAR ENDED 31 DECEMBER 2tr23 FINANCIAL REVIEW Invostment poll¢y The PCC is liable to make any Inv8stm8nl that11 sees fft, in accordance wrth tho ragulations of the Church In Wales. Th¢ Repre8entatwe BcJy of the Church In Wales hdd8 the inve8tments on behall of the Paissh. The PCC wlll utllk8e ch tsserve income as is ovdlable from lima lo t¥ne lo finance any unlor6seen cclngancy that is not alrea(ty cov•r8d In the ¢urr&nl budget PrO610n. Any mon186 alknalad to cap1 wlll be Invg$1811 unlll Such tlmg a8 a major bulldlThJ programm8 18 lound ne¢ary. Floserve8 poIIcy It is the polw of the Paii8h to malnlaln unrestrl¢ted fjJndÈ al a bvel whh equate8 to approxlmately n>Mths unrestrlct8d 9XndhUr0. This provSdg8 sulficlenl funds to Cover aiJminl8tratlon and 8UFVOrt costs ol the Parlsh. STRUCTURe. GoveRNANCE AND MANAGEMENT Gov•rnlng do¢um•rrt The ¢harty is controlled by Its Gh)vwnlng dcrumenl, a deed of Irusl and tItuteS an unlncorporaled cknarlty. ChArlty Con•tituilon Tha Cty Parfsh of St John the Bapti8t, Cardrff. 18 part ol th8 Calon y Dina8 Mln16try Area In tha Ar8a Doanery ol Cardlff. in the Archd6aconry of Llan¢JaN, In the Church In W8108 dk)¢080 of Uandaff. It exl8ts to athance the chrfan rellglon wherever it is given cpportunty lo do 80. It w88 cwat¥d by Episcopal Decra& on l January 2C07, when the Rethal Bonel of Cgntral Cardllf wa8 dBBolved and tha n8w Parl8hes of Cathays and St John's Clty Parish created oul of Ihe former parochSal aréa. On the 1 January 2022 St John's bèeame part ol the Cakn y Dlnas Minlslry Aroa, bul Tetslned Jt8 88parate legal and charStabla status. The orlLlnal Cardmf Central Parlsh M185lon Statem6nl d8vl$ed ond ogr88d In autumn 2C4)3, wa8 eonflmwd and adoptgd by th8 inaugural Gen&rol m¢¢llng of the new Parfsh, held rn 21 January 2007.11 d8clare8.' 'Our purpo89 as pocple and mlnl8¢ers of thg parfsh is to 8U8taln a pattem of wor6hlp and taachlng that me•ts th pastoral nggds ol our slluatlon, maklng the bast U88 w8 can tsl bullding8, openlng them for actlvlJa8 that 8oNe the purp08e ol communlty-btsilding, and Ihe pr(MatIOn of thè Gospel ol Jesus Chrfst.. During 2014 the Parfsh clarlll8d th8 vlsion at the heart of Ihls Purposa. summed up as a call to offor'Hoty Hospttalty,. Th1$ 18 refleclgd In verses from St Poul.. 'Extend hosprtality to stiangars... Wokomo ono onother. therefore, ju81 as Chrlst ha8 wdwmed you, for the glory ol God IFloman8 12'.13. 15,7). Standlng at lh8 heart ol Cardiff B clty centre the an¢lont church of Sl John the Baptlst Is one ol the prlnc¥)al chUh$S ol the diocese, wlth an hlslori¢ rde In the life ol the public Institufjong and bu8ine$8$8 in the capital clty of Wales. Church Undar the pastoral leadership ol the Prk8st In Charge, the Assistant Priest, and elected officers, Ihg ¢¢ngrsgation of the Clty Parish ol St John the Baplst serves CardSN ¢lty centre. The Parfsh comprSses an area gbove Bridge Street and Caroline Stra8t, part ol Canton east of Cathadral Road, extending through Cathays Park up North Road 88 far as the bridga crogsing tho Taft Vale rRilway Ilne. Thls forms the Ea8t Bid8 bovndary wlth the Parlsh ol Cothays, èxlending Bouthwards as lar as Richrnond Road, tang In tho Trodggarville dislTKt of lower Cathays, b(yJnded by St Petels Strè81 and Clty Road, exfendlng down Gl¢)88cp Road to Include W¢ Adom8down. School Thaiè is a Church In Wales Voluntary Athd Primary Scho(A In Ihe Pash.. TredecalIe Schcd (irlUdIng a Nursery unkl, Glossop Road, Adamsdown. Thè worshipping lrfe ol the schod continues to be und&r the car8 ol the Vicar ol St Gemians. &nce the school's catchment orea very largely falls wthln that parish. Mrs Vthria Scalè.Ctsn8tgntinou has been head taachèr sirTrce November 2021. Mr Evan Chapman has been Chalr ol Govemors sIre September 2016. REFERENCE AND ADMINISTRATIVE DETAILS Regl8t•rad Charity number 1187259 Page 4
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST. CARDIFF Report of thè Trust•es FOR THE YEAR ENDED 31 DECEMBER 2023 PrlncSpal addro$8 St John the Baptist Parfsh Church St John Slwt CAFIDIFF CF101GL Tru8te•8 Clergy PrSast.in£harge Assistant Prfe8t• Asslstant Curatg Revd canc Sarah Jone6 Revd Stèphen RcJert$ Revd Hèather TempWIllIamS {from JUM 20231 Parochlal Church Councll ChuTchwardarbS Miss R vIng818 luntll Aprll 20231 Mr Flkhard Morri8 (from rI1 2023) Mr O SandeT Mi G Morr16 Mr E M Chapman Hon. Secretary Hon. Trea8urar Electad Membèrs.. Ad818 8Iakebr0, Franco8 8011oy', Anne Bottedll. Evan Chapman. Chloè Cfosslandth, Rha Hall. Vanessa Hall, Oliver Heam, Gleny8 Hoarnfrl, Raehol Juden, Ruth L1J6t0ne', P8t8r Morgan,, G&r81h Mo, Hgnry Obl.. Tayo Sanwo, Andrew WSl¢txk, Jan8t Williams {A to Apfil 20231 (' from Aprfl 20231 In(knpondt Ex•mlnor MHA (trading nam8 of MHA A(M80ry Umltad} Effed Hou89 Oak Treg Court Cardlff Gata Busin888 Park CARDIFF County of CardWI CF23 8RS B4nk•rn Uoyd8 TSB Bank FIC 31 Qu8en Street, Cardlff CF102AG Archllect Amanda N88dham RIBA MSC cCS AABC EASA. Volute Architects Llmlted 22 M8rton Green Caerwent, Monrnoulhshira NP28 SAT Approvad by order of the board of trustees on ....... .... .. . and dgned on118 behaw by.. Rev Canon S Jones- Trustse
Independent Examlns Report to Ihg Trust of Par¢ehl81 Church Councll ol the Clty Parish of St John the Baptl8L Cardlff Indopwylent mIneS report to trustg9s of Th• Par¢¢hlal Chur¢h C¢)uncll of the Clty Parf8h ol St John th• BapUs( Cardlff I report to the charity trustees cffl my exanynation ol the accojnts ol The Partthlal Church cou11 ol th$ Cty Parish of Sl John the Baptist, Cardlff Ilhe Trust) lor the year gndgd 310ecgnor 2023. Re8pon81bllltles and bas19 of report As the charfty trueos of the Tru you responslbk? for the preparafjc ol the acwjnts In accordancg wtlh tho requirements ol the Charities Act 2011 ACVI. I roport In rè8pecl ol my examination ol the Trusts accounts eanl8d out undar Sèction 145 of th8 Act and In carrying out my eXaminatiC I have folbwed all applicable D1rtknns gfven by the Charity CommLqslon y1r sec0 14515llb) of th& Aet. Ind•pond8nt &xamln* jlat I have completed my examinalon. l eonflm) th8t no materfal matter8 have corne to my atteon In conneKtlcffl th the examlnatlon givkng me U80 to ball8v8 that In any malerlal re8pect: accountlng records were not kept In rw ofth& Trust as r8qulred by Sedon 1Xs of tho Act, or thè 8ccount8 do not accord wSth those records.. or thè a¢¢ounts do not cCpIY with Ihe applkable roqLarorn8nts conc8mlng th8 lomi and ¢ontgnt of accounts lot OLrt In the Charlllgs IAc¢ounts Rtsportsl Regulaticfi8 2008 other than any requlrement that the aounts g true and lalr vW whlch is not a mattor ¢onsld¢red a8 part ol an indyndenl éxamination. I havo no remB and have com& across no ¢)thgr matter8 In w1n¢Sn wllh tho examlnatton lo whkh attenlk4) shou be drawn In this report In order to enable a proper understandlng o1th6 oceounts to ba r8ach8d. Rach81 Doylè ACA FCCA MHA Itradlng name of MHA Ath80ry Urnltedl Elfed Hou8¢ Oak Tree Court Cardbft Gate Bus1r Paik CARDIFF County of Cardlff CF23 8RS Dat8: Page 6
THE PAROCHIAL CHURCH COUNCIL OF THE crry PARISH OF ST JOHN THE BAPTIST, CARDIFF stthm*rt of Financl•l AcilvlUe8 FOR THE YEAR ENDED 31 DECEMBER 2tr28 2023 Totsl funds 2022 Unrestricted funds Restrt¢ted funds Endowrnent fund lund8 Notes INCOME AND ENDOWMEIITS FROM Donaoons and legacles 50,140 2,982 63,122 Cllblo •ctivilio• Rellglous aclivities IS.493 Otherlradlng actltieS Investrn8nt Income Llher incomg 5,219 19.2 6,511 5,219 21,307 6,511 2.017 8,180 Totsl 87,028 4.999 92,027 79,123 EXPENDITURe ON Chlrllable actlvlll•• Rel1JS tIvItieS 97.543 15,925 113.468 91,154 N&t gotn8ll1o$l on Inv88trn8nts 1,262 2,018 7.808 {12263) NET INCOMW(EXPENfmJAEI 19,2631 {6,3881 2,018 {13.6331 124,2941 RECONCILIATION OF FUNDS Total fuNJs brought foNard 329,237 170,230 36,621 635.988 660,282 TOTAL FUNDS CARRIED FORWARD 319,974 163.842 38,539 522,355 535,986 .'3rt ol t ": liiit...:i¢'.15.1 4tnQntS
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CARDIFF Balance Sheet 31 DECEMBER 20rJ 2023 Total lunds 2022 TfAal fund$ Unrèstrkted funds Rethicted fvnd5 Endowment fund FIXED ASSETS TarrfJible assets Investments 12 13 21.¥d6 83,186 21,238 125,653 23,928 38.539 117,84S 23.928 84,422 38,539 146.889 117,845 CURRENT ASSETS Doblors Caeh at bank 14 9,011 290.076 9.011 369,495 79,420 419.313 299,088 79,420 378,506 419.313 CREDITORS Amoun18 lalllng due within on8 yaar 1S 13,040) 13,0401 11.1701 NET CURRENT ASSETS 296,046 79,420 375,466 418,143 TOTAL ASSETS LESS CURRENT UABILlnES 319,974 183,842 38,539 5t2,355 535.988 NET ASSETS 319,974 183,842 38,539 522,355 535,988 FUNDS Unrestr*ted funds R6strlcted lund$ EThJowment fund8 16 319.974 163.842 8839 329,237 170,230 36,521 TOTAL FUNDS 522.35S 535,988 Th• ffinanclal 8tatsments were approvèd by the Board of Trustee8 and authorf98d lor Issue on . and were sSLned on tts b8half by.. flw Cantsn S Jones. Truste8 The notés fom part ol Ih&8e financlal statements Page 8
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CARDIFF NoteB to thg Flnanclal Statemènts FOR THE YEAR ENDED 31 DECEMBER 2023 STATUTORY INFORMATIQN The fin¢al statements are presented In Sterflng 1£), the ¢ompany's lundonal currew. and rounded lo the nearest pound. Th& wlnal activllles and nature oflhé chaiivs cPeral0r Is that of r8lgiou3 &cUtIes. Thg gnIficant aoUntIng polk18s applied in thè preparation of Ihe68 financ1 statements are set out balow. These policiès have been Conslstenty appll8d lo all years presgnted unle6S Otherwise stated. ACCOUNTIMG POLICIES BASIS OF PREPARING TrIE HNANCIAL STATEMENT8 Tha flnanclal 8lataments ol the char4ty. which 18 8 public banefft entty under FRS 102. have prepar6d In accordanc8 wllh the Charflle8 SORP IFRS 1021 'Accountsng and Reptsrtlng by Charlti&s'. Statem¥nt ol Recommendèd Practice appll¢able to Chare$ prepadng Ihelr accounls in gccordan¢8 wlth the FlnÈnclal Raportlng Sthndard applicabla In Ihe UK and Republlc ol Ireland IFRS 102 S1A Update Bulletln 11 (ONt8 I January 20151,, FSnancial Fleporting Standard 102 Th8 FlnancS01 Reporting Standard oppllcable In tho UK and Rewbllc of Ireland, and Iha Charllles Act 2011. Tha financlal 8ts1ements hava boan prepared lo a Irue and lalr, view and have departed trorn Iho Charftla6 (A¢eounts and Rèpottsl Regulallons 2008 onty to the èxtent requlred lo provldg a Yru6 and lalr vlew,. Th18 depBrture has involv&Y Idlowing the Acc(xJnUng and Reporting by Ch&rilies'. Stalomant ol Flocomrnended Practlce appllcable to ¢h4ritlgs preparing Ihoii accounts In accordance wSlh tho Flnancial Reporting Standard applkoble in Ihe UK and Republlc of Iroland IFRS 1021 rather than the A¢¢ounllng and R8poth'ng by Charttie8.' Slalemont of Recommfjn($8d Prathc• &ffecdve from l Aprll 2005 whkh has 8lnca been wth<Jrawn. The Ilnanclal slatement8 havg been prepargd under th8 hlstorical ¢061 conventlon. As68ts and Ilthlltk8s arg 5nl151Y r8cogni8ed al histori¢al c051 or Iransactbn values unle88 ¢)IherwlBe stalad In the ralevont accounllng pclicy not&lsl. Thar8 have been no matertal d8partures from Flnancial Relting StarKlard 102. SMALL CHARrri CONCESSION The charfty has taken advanlage ol thè concesslon avBllable to Smaller chadtla$ that arè not subS8¢t to a 8tatutory audit given In thg Statement of Recomrnendod Practlce. It hBs not analysed etth8r r&SrceS expanded or Incomiro resour¢98 by actlvSty categories wthln tho Slatement of Fknanclal Actlvltte8. GOINQ CONCERN The financial $latemenl$ hav8 been prepared on a going concern basLs. Thè Chartty contlnues lo ralsè fvnds from Trusls and indlviduals, enabling a range ol support progTammas. The trustggs are confident Ihat The Clty Parish Of Sl John The Boptlst wlll be able to lallor sgrvlce provi$lon In line whth th8 lunding avallable and wlll look to oblain addMonal lundlng from other sources. As a resutt the Irust8es considor 11 appropriatè for rhe flnanelal statements to be prepared on a gclng concgrn baBiS. INCOME All income Is receonl$8d in Ihe Ststement ol nancI81 Athvlties once the charfty has enlidament lo the lunds, 11 Is probable thal thg Income wlll b8 recelved and tho 8mc¥Jnl can be rneasured rellBbly. Donatlons and leg8¢1gs Income Inoludes donations. glfts and grants that provSde Core funding or are ol a general nature are recognistrd where the Is ¢ntitloment, probability ol receipt 8nd the amount can be measured with sufNcSent reliabS11ty. Such in¢omè is onlv d¢terred when the donor 6c&'0S 11 must be usgd In future accounting peTiod$ or the donor has Imposed conditlon8 whlch must bo met before the charity hos unconditional entthernent. In(,'ome Irorn chadtable aCtItieS includes lricorne received under eonlracl or where entitment to grant ILifidirig 18. subi?Ct to $P8'.iffc [ierforrnanc6 condition$. Thls Income is recogni5ed as the related 5etvices are Fi." efju thEIg is É..Tr*Trileinent, probability of ra¢oipl and the e.tnounl be measured wlth sufficl&nt rèliabllty". ID.".o'.ne is del4rrF.d the amounts receivpcl are in 9diiÈnr.E' of thf nerformance of ihe service or eiip:-,I In il thèy r81rt11-: .est..8p.t Ir" i¥.ognlsed OPF ¢1 r::fr.'v?.tslw bssis.
ThE PAROCHIAL CHUACH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CARDIFF Notes to the Flnanelal Ststenwts- conllnueil FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES- continued EXPENOITURE Llabilitbs are reccgnlserl as 6xpondtture as as there Is a legal or conslNctlve obllgatkn comrnNlng tho charity to that èxpèndlturè, it 18 prd)the ihat a transfer of economK benefits will be required in seidement and the arnnt of tho obllgauon can ba measured rellably. Exp8nditure 18 account8d lor cm an accruals ba81s and ha8 been classified under haadlngs Ihat aggrégth all cost ialatèd to tha catagory. Where ¢0sts cann t dlrecty attributsd to paiticular headlngs thèy have be8n ollocaled lo acllvilles ¢)n a ba3 c¢)n81glenl whh the u5 I rgsources. Expandllurg on funds Includtt costs of fUndraIng, arfve81ng, malkerj and dIt rnall matertal8. Expondltura on charltablg 9vndllu comprfse8 th0 costs Incurrèa by th8 charfty In the delery of actiwties and servlces lor Its baneficlarfes. 11 Includèg both costs that con b• althatod dillY to ch actle8 end th08e costs ol an Indirect naturo nec¢$sary to Support Ihsm. Support Costs are tho88 c08ts Ihat, whilst t)ecery to deliver an activity. do not them8efves produc& ¢stute tha output of the Charltable llctivity. This Includ8s govemance costs whlch aT8 those costs assoclatod wilh m8th.ng the constltulional ond ststutory requlremen15 01 thg chaiity and InGlud? th? accountancy 1888 and ¢os16 Ilnked to the 8trat8gk managament ol tho charity. FIXED ASSET INVESTMENTS D¢prKlatlcffj 18 pded ai the folowlng annuol rale8 In order to wrlte off each a6891 ovor It$ 06tlmoted usalul Fe assèt investments Bre Included at mgrkgt valua at thè bal8tX8 gh88t d8la. R9all8gd and unreallsod galn8 or l)$806 on 5nvestmon16 are 6hown separatety on tha laco of the Stalernent of I{nar1 actSvS1186. TAXATION The charlty is 6xeW from tax on Its CharItab actlvitlos. FUND ACCOUNTINQ Unrestrfcled fund5 can be u8ed In accordance wllh the ¢horitsbl6 cljlectives al th8 dls¢rg1th otlho Iwsteo8. Restrlcted lund$ ¢on onty b$ used for particular reslrictsd purposes wilhin thg Oblts of the charfty. Re8lrfdon8 arlse when speclfted by the donor or whén fund8 are ra158d for parti¢uLgr rethctod purpos88. Further explanaN¢n ol the nalvre ond puryxjsa ol 8ach lund Ss IflUdad In Iha not&s to Ili& finatKlg18taloments. FINANCIAL INSTRUMEKrs The charty only has Ilnancial a88ets and Ilnancial Ilabllllk88 Ot a klnd that qualty as ba51c financlal Instruments. BaElc 1[nanci instruments ara In1N81 r8cLwn18ed ai transaction valua and $ub88quenity measured at thelr settlement value. DEBTORS Tradè d8btor8 and other debtors are recognlsed at Ihe settlement 8mount due and prepayments a valuad at Ihg amount prepakl. CREDrroRS Credltors are recog)Ised where the charity has a present obligation r8suHing Irom a past event that wlll probab Tesutt in the transfer of funds to a third paty and th8 amoLJnt due to settlè th8 obligatiori can b8 me8surgd or estimated reliably. Creditors are nomidly r8cognk8ad at th8ir 88tN8mant Bmount aftgr allowiNJ for any trad6 dIsCnts due. SIGNIFICANT ACCOUNTING JUDGEMENTS AND esTIMATES Estimates and judgements are eontinuÈlty 8V8lualgd and aré basèd on histor81 gxperience arKI other relevant factors, Induding oxpectslions of luture gvenls that arg believed lo be rgastywble underthe circum8tanc88. Page 10 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CARDIFF Notes to the Flnanclal Statem¢nts- conllnued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIE8- corrtlnwl FINANCIAL INgTRUAIENTS The preparation ol the fin8nclBI statem8nl8 requlres management to make estSmates and as8umpti(ms concerning lh8 future. Tha resulting accoundn9 estimales will, by definthon. b8 likely to dlffer from ihg related aclual TeyJts. No estimales or assurrot19 hav¢ been identified that have Slgnrficant risk of caUn9 matetial adjustrnanl to the Carylng amounts of ass8ts and lithlthes wlthln the next Ilnanclol year. OONATIONS AND LEGACIES 2023 2022 Donallons and appga Slewardshlp IrKxyne Glft ald and VAT racovered 21,219 19,880 8,128 18.788 18,089 6,010 Colleclkn$ 6,105 2.221 S3.122 OTHER TRADING ACTNMES 2023 Ubrary path rent 5,219 INVESTMEPIT INCOME 2023 2022 Shar6 d181rlbullon8 r8cglved Deposlt a¢¢ount Interest 7.761 13,546 4.467 3,723 21,307 8.180 INCOME FAOM CHARITABLE ACTIVITIES 2023 2022 SeNkns and fee8 Other Incorne Grants Rellglous actlvlles Rgliglous activilles Religlous •¢tlvitl88 1,OS7 4,811 6.964 5,866 15,493
ThE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST. CARDIFF Note6 to the Flnancial Statements. contlnu¢d FOR TrIE YEAR ENDED 31 DECEIABEA 2023 CHARrrABLE AcnvmES COSTS Dlrect Costs Isag note 8) SuFVOrt costs I note 9) Total8 Religious aCt{S 110,227 3,241 113.468 DIRECT COSTS OF CHARrrABLE ACTtVlTies 2Q3 2022 Church malnlgnon¢e (Fahk lundl Church maintenance and r¢qulsit¢8 Light, heat and water Tèlephone Po8t8ge, 8tatScffj8ry and adverlising Donatlons Parish shar8 InfJJrance8 Clergy and Lay wages and co8t8 Organlst Bank chargtr8 15.fyJ3 8,108 18,739 1,471 722 2,910 52,038 5,300 3,955 8,498 16,828 5.771 8.981 1.471 401 3,200 43,364 4.468 2,954 2,098 110.227 89,944 8UPPORT COSTS Govemance nanco other T¢)ta18 Re[Igl8 actttle8 923 650 1,668 3.241 Includ9d wrthb) Support ¢osts ar8 Indèpèndent exomlnauon f888 of £1.32012022.' £1,170} 10. TRU8TEES' REMUNERATION AND BENEFITS Ther8 were no truste8s' remuMratlon or othgr bon&lh8 for tho year en(1gd 31 Decembar 2023 rbor for Iho y89r 9nded 31 Derernber 2ry22. TrUSTEE8' EXPENSES Durfng the year expenses wgw relmburned lotalllng £3,353 {2022: £3,356) to 8even member8 Ot th8 Parlxhial Church Councll12022- four}. Page 12 eontinu8(1...
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST. CARDIFF Notes to the Flnaneial Statements- ¢Onnued FOR THE YEAR ENDED 31 DECEMBER 2023 11X TRUSTEES, REMUNERATION AND BeNEFITS- contirtu•d TRUSTEE8' expENSE8- contlnued 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcThimE8 Unrestricte(I R881thted bJnds lund6 Endowm8nt fund Totsl INCOME AND ENDOWMENTS FROkl D¢nalh)ns and18gacle8 44.808 1,000 Charlt•bh actlvllles R811glous acllv*tl88 8,001 7,492 15.493 0th8r tradlng actlvlti98 Inv08tment Income 1,874 5.971 7,968 2209 8,180 Tatal 80,454 18.669 79,123 EXPENDITUREON Charltablfr actlvlll Religlous actfvrtl88 74,328 16,828 91,154 Net galn81lkxso$1 on InveStmts 12,5161 1S.703 14,0441 112,2831 NET INCOMEllEXPENDITURE) Tran•f•r• be¢wwn fund• 116.3881 12,786) 13.8621 2.788 14,0441 {242941 Not mov8m•nt In fund• (19.174) 11,076} 14,1)44 124,2941 RECONCILIATION OF FUNDS Total funds brought forward 348,411 171,306 580.282 TOTAL FUNDS CARRIED FORWARD 329.237 170,230 36,521 &35.988 12. TANQ18LE FIXED ASSET8 Irrorov¢mant8 pr¢)poty COST Ad(ltions 22,159 DEPRECIATION Charge for year 923 NET BOOK VALLIE At 31 Decembar 2023 21.236 At 31 Dec8rnbar 2022 Pat, L'ntiyiLf).....
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST. CARDIFF Not¢$ to the FlnanciAI Statements- eonllnu¢d FOR THE YEAR ENDED 31 DECEIIBER 2023 73. FIXED ASSET INVESTMENTS Unlisted Invo$lmgnt8 MARKET VALUE At 1 January 2023 Additions ReVu8tns 117.846 2.223 5,585 Al 31 De¢orrbgr 2023 125,653 BOOK VALUE At 31 Decethr 2028 125.6S3 At 31 Decethr 2¥ 117,84S Thore were no Investment awts oulddg the Ulc 14. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YeAR 2023 2U22 Pr8p4ymonls and accNed incom8 9,011 1S. CREDITORS.. AMOUNT8 FALLING DUE WITHIN ONE YEAR 2023 2022 Othar ¢rgthlor8 1,170 16. IOVEMENT IN FUNDS Nel movement in lund8 TTan81ers bglw9&n fulS At 3111823 Al 111123 Unr•¥trlcted lund General Fund Bequest Fund Tea Room FLmd 63.173 241,438 24.628 {20,7771 10,544 970 2,0 44,396 251,982 23,590 12,(w)O} 329,237 19,263) 319,974 St John Window Fund St Johns Bell Rèslorallon St John Fabr Fund St John3 Organ Fund St Johns ReBtoratlon 1p0a1 St J8m9S the Great Fabric Fund Chan¢el Repair Fund Churehy8rd Lease Fund 4,264 8,857 52.989 46,250 1,217 8,805 27.876 21.972 4,264 7,034 41,155 47,487 1,217 8,805 80,142 23,758 177 111,834) 1.217 2.266 1,786 170.230 16,3881 163,842 Endowm8nl fund$ David Harries Fund 36.521 2.018 38,S39 TOTAL FUNDS .988 {13,6331 522,355 Page 14 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST. CARDIFF Notss to the Financial Statem?nts- eantlnued FOR THE YEAR ENDED 31 DECEMBER 2023 16. IOVEMETrff IN FUNDS- ¢ontlnued Nat movement in 18, included In the above ar8 as lollow8.' Incomlng resour$ exp8nded Galns and losses Mov8menl in funds Unrestricted fund• Gon&ral Fund Best Fund Tea Room Fund 75.514 10,544 970 197,5431 {20,7771 10,544 970 87,028 (97,5431 1,252 {9,2631 Sl Johns Bell Restoral Sl John Fabric Fund Sl Johns Organ Fund Ch&1 Repalr Fund Chufchyard Lea8e Fund 177 3.605 1,217 1T7 111.8341 1.217 115,9251 1,786 1,786 115.925) 4.538 16,3881 Endowmertlund• Davkl Harrfes Fund 2.018 2.018 TOTAL FUND8 92,027 1113,4681 7,808 (13.6331 Comparntlv•• for movement In fuThl• Not movement In funds Tr8nsler8 bthaen nds At 111122 31112r22 Unro8trfct•d fund# Genaral Fund Bequ¢sr Fund T$a Room Fund 88R27 229,771 30,413 124.9171 2,316 8,213 11371 9,351 I12.0} 63,173 241,438 24,626 348,411 116,3681 12,788) 329,237 Re•trktod lund8 St John Wndow Fund Sl J¢*ns Bell Restoration St John Fabdc Fund Sl Johns Organ Fund Sl Johns Restoration Appgal St James the Great Fob Fund Chancgl R#pair Fund Churchyard Leaso Fund 4,264 6.807 48,687 45,975 1217 9,780 30,519 24,057 4,264 6,857 52,989 46,250 1,217 8,80S 27.876 21,972 50 1.s18 275 2,786 19751 12,6431 12,0851 171,306 13,8621 2,786 170,230 Endowmentfunds DavkJ Harries Fund 40,565 14,0441 36.521 TOTAL FUNDS 560.282 124,2941 535,988
THE PAROCHIAL CHURCH COUNCIL OF THE crry PARISH OF ST JOHN THE BAPTIST, CARDIFF Not8s to the Flnanoial Slat¢monts- ¢ontinu¢d FOR THE YEAR ENDED 31 DECEMBER 21)23 16. MOVEMENT IN FUNDS- ¢ontlnued Comparallve nel movemenl in funds, Included In the above are as fdlows.. IrKoming resource8 Resource8 expende4J Gains and 19$8e$ Movement In funds Unrn8trl¢t•d fund• G8neral Fund Bequest Fund R¢)cffl Fund 51,925 2,316 6.213 {74,3281 {2,5181 124,9171 2,318 6,213 60,454 {74,3281 12,S161 116.3881 Ro•trfcted fundo StJohns Bell RestoraJc StJohn Fabth Fun stJohns Organ Fund StJame8 the Great Fabvlc Fund Chancel Rtrpwr Fund Chur¢hyard Le Fund so 1,516 275 {9751 12,6431 12,0851 18,344 275 118,8281 1976) 12,643} 12,085} 18.869 116,8281 15.703) 13,862} Endovmnt lund• Davld Harrles Fund 14,0441 14,044) TOTAL FUNDS 79.123 191,1541 112,2631 124,2941 0•glgMt•d Fund• Th8 8oqu68t Fund Is to be used lor speclal purp0898 os dg¢ldgd by Ihg PCC. The T¢a Room Fund 18 hekl kn a 8epBrat8 d8gnated fund a8 r( Is not for g8n8raJ purpose bul 8FecHkd allocated by the PCC. R•gtrlct•d Fund• Sl John'$ Wndtsw Fund18 held lor the prot8cUon and upkeep of tho ne ss windows oflh8 church. St John'$ B911 Restoration Fund 18 held to malntaln and repT the churchts peal of b811s. St John's Fabrk Fund 1$ used to repair tho churd) build1r. St John's Organ Fund 56 held to r8palr and malntaln th8 org8n. St John's Fle8toratlon Appèal Fund represents luTrJs hold for the ongolng restoraOn ol th8 chuh. St Jama8 the Groat Fabrlc Fund ralates lo fvnds recefved by the lorner daughter church of st James for expenditure on the fabric, when StJam¢$ dosod and the buikling sold the fund5 reverted to Sl John's. Chancel Repalr Fund Is forthe r¢polr lo Ihg ¢han¢d. ChuKhyard Lease Fund rek7tes to a sum pald by th¢ Councll lor Ihg pthskjn of a Ilre esf8 route th Cld Llbrary nèxt to the churchyard. Endowment fund¥ The Dawd Harrles be(yest Is to b& held Ur* In1 to expend an annual income. It is currently ld in Investments. TRANSFERS BETWEEN FUNDS Transfers have been made bthjeen the fdtowong lunds duringthè year Pag8 16 ccrtinued...
THE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN TrIE BAPTIST. CARDIFF Nots8 to the Flnancial Statemerts- contlnuod FOR THE YEAR ENDED 31 DECEMBER 2023 1& MOVEklENT IN FUMDS- ¢ontlnued TFIANSFERS BETWEEN FUNDS- ntInU A transfer of £2,C#)O wa$ mad8 from the dBslgnated Tea Boom lund tothe oan8ral luThJ. to 8UPPOrt the general cost8 of running the church. 17. RELATED PARTY DISCLOSURES Thor9 w8r8 no frJrth8r related paty transactlon8 fortha yaarended 31 0mber 2023 that requlre dl8dowr8.
THE PAROCHIAL CHURCH COUNCIL OFTHE CITY PARISH OF ST JOHN THE BAPTIST, CARfXFF Detalled StatoMw of Flnan¢lal A¢tivitie$ FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2Q2 INCOME AMD ENDOWMENTS Donatlon# and le9ll Donatlons and aKvgds St8wardshlp Inci>me Glft aid and VAT recovorad Legacie8 Colle¢tlon6 21.219 19.660 6,138 18.788 18.089 6,010 soo 2,221 6.105 53.122 Othw trndlng acthiSt Ubrary path rant 5,219 Inv98tm8nt Incom• Shar8 dlBtrfbutlon6 e1Ved 08podt a¢¢(wnt Inler8St 7.761 13.540 4,457 3,723 21,307 8,180 Chrllabl• actmtl SarvKes and fees Oth8r Income 1,057 4,811 5,888 16,493 Othw IoMe No dptiOn 6.611 T¢)tal Incomlng 79,123 EXPENDITURE Charllablè actlvltleo Church maintenAnc8 (Fabric fund) Church mainlenanca and requlsit96 Llgm, haat and water Telephone Postage. stal¢)nery and adverNdrMJ Donations Parlsh shgro InSurareS Clergy and Lay wages and costs Organlst Bank charges 15.Cl)3 6.108 18.739 1,471 722 2.910 52,038 5,300 3,955 3,498 18,828 5,771 8,981 1,471 401 43,364 2,954 2.098 408 110,227 89.944 Support ¢08t• Fln•n¢o Improvements lo prcyerty 23 This page th)e3 not form part of the stattrtory financial statements Pag818
TrIE PAROCHIAL CHURCH COUNCIL OF THE CITY PARISH OF ST JOHN THE BAPTIST, CAHDIFF Deiailed Statsment ol Financlol Actlvitl FOR THE YEAFI ENDED 31 DECEMBER 2023 2023 2¢Y22 Flnan other Sundr 6SO Examknatlon Fee Lagal and ProlassIcal fees 348 1,210 Total ra8our¢88 exwndod 113,468 91,154 Not oxpMd1l• b•lor• g•ln• •nd10•8•8 121.4411 112.031) RMllg•d r¢wnl••d g•ln• and108w• R8a1180d galn8111ts8898) on flxed at knv&8tments 112,2631 Net •xp•ndllure 113,633) 124,2941 Thls pag6 does not form part ol the statlrtory fInarla1 statents Pag8 19