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2024-12-31-accounts

UNITED BENEFICE OF BRO TEIFI

JOINT CHURCHES CONSOLIDATED FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

YEAR ENDED 31 DECEMBER 2024
General Restricted Total
2024 2024 2024
INCOME/RECEIPTS
Voluntary Income
Planned giving 104,907 1,350 106,257
Loose collections 25,865 644 26,509
Donations 16,296 2,841 19,137
Mission 3,300 322 3,622
Tax reclaims 24,700 838 25,538
Legacies 12,785 1,000 13,785
Grants 4,000 14,258 18,258
Fees 10,942 8,658 19,600
Other activities
Money raising 30,405 3,008 33,413
Investment income 9,385 9,059 18,444
Other receipts 54,569 872 55,441
TOTAL INCOME 297,154 42,850 340,004
EXPENDITURE/PAYMENTS
Support for Ministry
Parish share 200,568 200,568
Parochial expenses of clerics 7,110 7,110
Parish Activities
Maintenance of services 12,483 1,102 13,585
General parish expenses 10,668 2 10,670
Church Property
Maintenance of Churches 51,693 2,493 54,186
Maintenance of other property 30,590 12,255 42,845
Exceptional expenditure 2,540 2,540
Mission and grants
Mission 6,979 2,178 9,157
Other
Other 492 492
Cost of money raising 3,669 1,735 5,404
TOTAL EXPENDITURE 324,252 22,305 346,557
SURPLUS/(DEFICIT) (27,098) 20,545 (6,553)
OPENING ASSETS (BANK/INVESTMENT 417,233 552,440 969,673
CHANGE VALUE OF INVESTMENTS 0 72,058 72,058
CLOSING ASSETS (BANK/INVESTMENT 390,135 645,043 1,035,178