## **UNITED BENEFICE OF BRO TEIFI** 

## **JOINT CHURCHES CONSOLIDATED FINANCIAL STATEMENTS** 

## **YEAR ENDED 31 DECEMBER 2023** 

||**General**|**Restricted**|**Total**|**Total**|**Total**|
|---|---|---|---|---|---|
||**2023**|**2023**|**2023**|**2022**|**2021**|
|**INCOME/RECEIPTS**||||||
|**Voluntary Income**||||||
|Planned giving|91,294|1,500|92,794|83,351|82,399|
|Loose collections|28,080|255|28,335|19,788|13,414|
|Donations|11,833|5,166|16,999|14,177|7,178|
|Mission|7,116|742|7,858|1,555|230|
|Tax reclaims|26,113|1,124|27,237|17,223|27,776|
|Legacies|6,181|664|6,845|6,483|1,346|
|Grants|3,975|8,288|12,263|54,951|34,401|
|Fees|15,815|16,891|32,706|24,442|19,768|
|**Other activities**||||||
|Money raising|18,653|7,494|26,147|48,151|64,903|
|Investment income|18,137|6,397|24,534|15,476|53,198|
|Other receipts|59,873|170|60,043|51,471|49,829|
|**TOTAL INCOME**|**287,070**|**48,691**|**335,761**|**337,068**|**354,442**|
||**General**|**Restricted**|**Total**|**Total**|**Total**|
||**2023**|**2023**|**2023**|**2022**|**2021**|
|**EXPENDITURE/PAYMENTS**||||||
|**Support for Ministry**||||||
|Parish share|293,881||293,881|149,071|118,740|
|Parochial expenses of clerics|8,941||8,941|6,059|4,677|
|**Parish Activities**||||||
|Maintenance of services|6,295|648|6,943|8,118|4,034|
|General parish expenses|5,482|1,405|6,887|8,256|6,469|
|**Church Property**||||||
|Maintenance of Churches|110,490|6,123|116,613|50,983|34,553|
|Maintenance of other property|20,169|41,139|61,308|118,507|60,277|
|Exceptional expenditure|1,676|881|2,557|1,318|159,868|
|**Mission and grants**||||||
|Mission|9,608|3,130|12,738|10,199|4,597|
|Other|1,650||1,650|||
|Capital expenditure|891||891|186|3,678|
|Cost of money raising|516|1,230|1,746|344|86|
|**TOTAL EXPENDITURE**|**459,599**|**54,556**|**514,155**|**353,041**|**396,979**|
|**GROUP DEFICIT**|**(172,529)**|**(5,865)**|**(178,394)**|**(15,973)**|**(42,537)**|
|**OPENING ASSETS (BANK/INVESTMENTS**|496,603|545,068|1,041,671|1,089,422|########|
|**CHANGE IN VALUE OF INVESTMENTS**|7,989|13,237|21,226|(31,778)||
|**ADJUSTMENT OPENING BALANCES**|85,170||85,170|||
|**CLOSING ASSETS (BANK/INVESTMENTS **|**417,233**|**552,440**|**969,673**|**1,041,671**|**########**|



The above financial statements have been prepared from information and explanations supplied by the individual Churches within the LMA group. 

**Islwyn Evans FFA FTA Pritchard & Co Accountants and tax advisers 47 St Mary Street Cardigan Ceredigion SA43 1HA** 

**9 July 2024**