2022-12-31-accounts - Ardal Weinidogaeth Bro Eleth Ministry Area

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ARDAL WEINIDOGAETH BRO ELETH

MINISTRY AREA

Ministry Area Leader’s Report

Treasurer’s Report & Financial Statements

Examiner’s Report

Year ending 2022

Page 1

MINISTRY AREA LEADER’S REPORT

The Ministry Area began 2022 still in vacancy and being led ably by its two ministry area wardens and ministry area treasurer, assisted by the Archdeacon and Area Dean. In the early part of the year, it was announced that a new Ministry Area Leader had been appointed and would begin on the 31st May. Services continue to be held in our 6 remaining churches; St Eleth, Amlwch; St Eilian, Llaneilian; St Gwenllwyfo, Llanwenllwyfo; St Mair, Llannerchymedd; St Gallgo, Llanallgo and St Michael, Penrhosllogwy. We were sad to lose some faithful members of our congregations in 2022 and they will be greatly missed. Congregations and income are recovering back towards their pre-pandemic levels. At Christmas it was a pleasure to welcome back outside organisations for Christmas services and some sense of normality returned to communities and churches alike.

We look forward to 2023 and 2024 to discern the next direction for the parish and embark on achieving it.

Page 2

TREASURERS REPORT & FINANCIAL STATEMENTS

Foreword

The accounts have been prepared on the Receipts and Payments basis in accordance with the provisions of the Charities Act 2011 and the Church in Wales Accounting regulations.

The accounts presented may be rounded to the nearest pound (£); as a result, there may appear to be arithmetic differences of £1; these differences are ignored because the underlying accounts balance.

The accounts cover the period 1[st] January 2022 to 31[st] January 2022.

The accounts have been checked for accuracy and approved off by an external examiner.

Reserves Policy

Bro Eleth Ministry Area Council (PCC) 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 three months payments. The unrestricted reserves amount detailed in the Balance Sheet sections of this report is in line with this policy.

Introduction

Firstly, I would like to thank the church treasurers for their time and effort in keeping the day-to-day accounts at their individual churches in good order. I would also like to thank the churchwardens and Ministry Area Wardens for their efforts in local fund raising and for continuing to control their church expenditure.

Income/Expenditure

Income

Total income for 2022 was £42k compared to £46k in 2021. However, there was a legacy of £15k in 2021 compared to a legacy in 2022 of £1k. When normalised this shows a welcome growth of income by £10k in 2022 showing movement towards pre-COVID levels,
Ignoring legacies, overall giving (collections, gift aid, donations, and other offerings) was up £4k,
Income from charitable activities which includes funeral services, weddings and burials showed an increase of approximately £6k,
Fund raising was slightly up on last year (£400) although it is understood that all income from the Christmas Fayre was not paid in before the year end closed. This money will now be included in 2023,

Page 3

Expenditure

Overall expenditure in 2022 was £79k compared to 2021 at £84k, a reduction of £5k.
Overall expenditure on Church repairs and maintenance along with professional fees showed a decrease of £16k when compared to the previous financial year although this was offset by the following significant increases in costs :-
We now have a Ministry Area Leader and it is inevitable that that welcomed addition to our Ministry will show an increase in necessary ministerial expenses and parsonage costs. £900,
Churchyard maintenance showed an increase of £2.7k due mainly to emergency tree care at Llanwenllwyfo and Llanallgo churchyards,
Emergency repairs on our rented property required to upgrade the property to habitable standards cost £3.2k,
General inflationary increases such as insurance and gas charges.
It is good to note that utility charges, other than gas, seem to be holding as stable for the time being.

Gain/(Loss)

Bro Eleth made a loss during 2022 of £37k compared to the previous year of £38k. As previously mentioned, we received a legacy of £15k in 2021 so taking this into account the normalised loss in 2021 was £53k which shows an improvement in profit this year by £16k. A step in the right direction!

Balance Sheet

This can be summarised by the following table. This appears within the detailed balance sheet included in this report. An additional column has been added at the end to show the financial proportion of each fund type: -


	Represented by Funds(£)
Fund Type	2022	2021	Gain/(Loss)	2022 % 0f Total
Unrestricted	142,516.01	183,025.68	(40,509.67)	16.0%
Designated	65,848.30	91,165.43	(25,317.13)	7.4%
Restricted	647,683.59	697,108.98	(49,425.39)	72.9%
Endowment	32,998.04	35,178.63	(2180.59)	3.7%
	889,045.94	1,006,478.72	(117,432.78)

As can be seen the total funds belonging to Bro Eleth have decreased by £117k. The significant reasons for this deterioration in reserves is as follows: -

The loss of £37k as described in the Income/Expenditure section of this report. All funds were affected by this loss,
Following a valuation by an estate agent, the book value of the rental property at Llanerchymedd was reduced by £25k due to its condition,

Page 4

The value of investments taken as a snapshot as at 31[st] December 2022 show a significant reduction from that taken as at 31[st] December 2021. Unrestricted and Restricted funds have both been affected. However, as these are book values based on financial market forces, it is expected that these investments will increase back to normal when the economy stabilises.

Page 5

Statement of Financial Activities

	Unrestricted Restricted Endowment Total Prior year funds funds funds funds total funds
Income and endowments from: Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income Expenditure on: Raising funds Expenditure on charitable activities Other expenditure Total expenditure Gains / losses on investment assets Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Bond Fund Maintenance Fund St Elian's Maintenance Tan yr Hall Restricted Bodavon Graves (Llanfihangel TB) Chancel Repair Fund Church Lands Charity Church Upkeep Fund Churchyard Churchyard Fund Churchyard Llanfihangel TB Floor Fund Guild Fund Hall Fund Hughie Lewis Fund Josie Thomas Fund Legacy Fund St Eilian Church Lands Charity Tierney Fund Youth Fund	21,076 1,106 — 22,182 32,016 7,210 4,343 — 11,553 5,439 1,537 983 — 2,520 2,159 5,042 674 — 5,716 5,344 — — — — 1,178
	34,866 7,107 — 41,973 46,137 0 — — 0 — 64,668 14,356 — 79,024 83,886 — — — — —
	64,668 14,356 — 79,024 83,886 (13,017) (42,246) (118) (55,381) (100)
	(42,819) (49,495) (118) (92,432) (37,849) 5,314 3,142 179 8,636 19,551 (3,322) (3,072) (2,241) (8,636) (19,551) (25,000) — — (25,000) 57,850
	(65,826) (49,425) (2,180) (117,432) 20,001
	274,191 697,108 35,178 1,006,478 986,477
	208,364 647,683 32,998 889,045 1,006,478 142,516 — — 142,516 183,025 — — — — — 5,881 — — 5,881 5,835 — — — — — 59,966 — — 59,966 85,330 — 3,476 — 3,476 3,476 — 7,832 — 7,832 8,575 — 918 — 918 918 — 15,000 — 15,000 15,000 — 15,561 — 15,561 15,503 — 37,722 — 37,722 42,438 — 3,737 — 3,737 3,950 — 4,035 — 4,035 3,459 — 1,858 — 1,858 1,788 — 952 — 952 1,047 — 237 — 237 235 — 160 — 160 160 — 149,190 — 149,190 154,154 — 393,996 — 393,996 430,032 — 7,667 — 7,667 9,651 — 5,333 — 5,333 6,713

Page 6

Endowment Frederick Augustus Gough Fund Gwyneth Price Fund

— — — — 2,360 — — 32,998 32,998 32,818

Page 7

Balance sheet

Class and code Description	This year Last year
Fixed assets 6430 Tangible fixed asset B159 Frederick Augustus Gough Dec B190 Church Lands Charity (RB) BDT1 Bro Eleth - BDT - General BDT2 Bro Eleth - BDT - Churchyard BDT3 Bro - Eleth - BDT - Hall BLM Blackrock (Charinco) - Main BLT Blackrock (Charinco) - Tierney CCLA CCLA HMSTK8 HM 8% Stock Treasury 2021 MONDAVIES Miss Monica Mary Davies deceased Legacy NATSAV National Savings Bond PT0258 St Eilian Church Lands PT1699 St Eleth Churchyard Maint PT3660 St Eilian Church Room Proceeds PT9048 Penrhosllugwy Chancel Repair Fund PT9071 St Eleth - Chancel Repair RBS Royal Bank of Scotland Ord. Shares SANT Santander Ordinary Shares SCOTW1 Scottish Widows TANYRHALL Llannerch-y-medd - Tan yr Hall House Total Fixed assets Current assets 00001 Llannerch-y-medd Current Account 00001 St Eilian Current Account 00001 St Eleth Current Account 00002 Llannerch-y-medd Business Reserve Accoun 00002 St Eilian's Reserve Account 00002 St Eleth Guild 00003 Llannerch-y-medd COIF Deposit Fund 00003 Mrs L Fair Deceased 00003 St Eilian legacy Account 00004 St Eleth NSI Investment 00005 St Eleth NSI Income Bonds 6501 Bro Eleth Current Account 6501 Coedana Current Account 6501 Current Account - Llandyfrydog 6501 Current Account - Penrhosllugwy 6501 Current Account - St.Eugrad/St.Gallgo 6501 Current Account - St.Gwenllwyfo 6501 Current Account-Llanfihangel TB 6505 Coedana Deposit Account 6505 Deposit Account - Llandyfrydog 6505 Deposit Account - Penrhosllugwy 6505 Deposit Account - St.Eugrad/St.Gallgo 6505 Deposit Account-Llanfihangel TB 6505 Maintenance Deposit Account-St.Gwenllwfo 6506 Churchyard Deposit Account-St.Gwenllwyfo 6506 Coedana General Purpose Account 6590 Cash in hand - St.Eugrad/St.Gallgo CCLA0001 CCLA COIF 0001 Church Capital Account CCLA0002 CCLA COIF 0002 Churchyard Account CCLA0007 CCLA COIF 0007 Hughie Lewis CCLA1 Llanfihangel CCLA Bodafon Graves CCLA2 Llanfihangel CCLA Churchyard PT2369 Mrs L Fair Deceased Total Current assets	(3,434) (3,434) — 2,360 — — 50,332 55,387 476 523 952 1,047 17,458 21,977 7,667 9,651 32,154 36,264 — — 6,521 7,286 6,000 6,000 393,996 430,032 — 3,185 14,447 16,140 2,991 3,275 4,840 5,299 1,241 1,231 136 247 — — 50,000 75,000
	585,781 671,477 6,988 12,029 1,920 13,226 7,669 6,415 — — 3,773 4,265 1,989 1,788 566 561 — — 153,483 153,850 748 748 — — 8,924 8,456 — 1,883 125 265 34,059 1,761 1,646 12,184 2,979 3,426 — — — 254 1,157 1,154 5,101 37,245 435 387 — — 21,451 21,405 16,157 16,581 — 3,403 — — 7,591 7,518 13,765 13,632 237 235 — — — — 12,488 12,318
	303,264 335,000

Page 8

Liabilities 6699 Agency collections Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Other gains/(losses) Z03 Gains/(losses) on reval of fixed assets Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total	— —
	— —
	889,045 1,006,478
	(37,051) 40,393 1,006,478 908,335 (55,381) (100) (25,000) 57,850
	889,045 1,006,478 142,516 183,025 65,848 91,165 647,683 697,108 32,998 35,178
	889,045 1,006,478

Page 9

Statement of assets and liabilities

	This year Last year
Investments Frederick Augustus Gough Dec Frederick Augustus Gough Fund (Endowment) - General fund (Unrestricted) - Revaluation reserves (Designated) - Bro Eleth - BDT - General General fund (Unrestricted) - Bro Eleth - BDT - Churchyard Churchyard Fund (Restricted) - Bro - Eleth - BDT - Hall Hall Fund (Restricted) - Blackrock (Charinco) - Main Churchyard Fund (Restricted) - General fund (Unrestricted) - Youth Fund (Restricted) - Blackrock (Charinco) - Tierney Tierney Fund (Restricted) - CCLA Churchyard Fund (Restricted) - General fund (Unrestricted) - Miss Monica Mary Davies deceased Legacy General fund (Unrestricted) - National Savings Bond General fund (Unrestricted) - St Eilian Church Lands St Eilian Church Lands Charity (Restricted) - St Eleth Churchyard Maint Churchyard (Restricted) - St Eilian Church Room Proceeds General fund (Unrestricted) - Penrhosllugwy Chancel Repair Fund Chancel Repair Fund (Restricted) - St Eleth - Chancel Repair Chancel Repair Fund (Restricted) -	— 2,360 2,241 — (2,241) —
	— 2,360 50,332 55,387
	50,332 55,387 476 523
	476 523 952 1,047
	952 1,047 7,134 8,981 4,990 6,281 5,333 6,713
	17,458 21,977 7,667 9,651
	7,667 9,651 3,434 3,434 28,719 32,830
	32,154 36,264 6,521 7,286
	6,521 7,286 6,000 6,000
	6,000 6,000 393,996 430,032
	393,996 430,032 — 3,185
	— 3,185 14,447 16,140
	14,447 16,140 2,991 3,275
	2,991 3,275 4,840 5,299
	4,840 5,299

Page 10

Royal Bank of Scotland Ord. Shares General fund (Unrestricted) - Santander Ordinary Shares General fund (Unrestricted) - Total for Investments Tangible assets Tangible fixed asset Churchyard Fund (Restricted) - Llannerch-y-medd - Tan yr Hall House Tan yr Hall (Designated) - Total for Tangible assets Cash at bank and in hand St Eleth Current Account Churchyard (Restricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - Legacy Fund (Restricted) - Revaluation reserves (Designated) - Tan yr Hall (Designated) - St Eilian's Reserve Account General fund (Unrestricted) - General fund (Unrestricted) - Guild Fund (Restricted) - Llannerch-y-medd COIF Deposit Fund General fund (Unrestricted) - Legacy Fund (Restricted) - St Eleth NSI Investment General fund (Unrestricted) - Bro Eleth Current Account Bodavon Graves (Llanfihangel TB) (Restricted) - Churchyard Fund (Restricted) - Churchyard Fund (Restricted) - Churchyard Fund (Restricted) - Churchyard Llanfihangel TB (Restricted) - Floor Fund (Restricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - Gwyneth Price Fund (Endowment) - Josie Thomas Fund (Restricted) - Maintenance Fund (Designated) -	1,241 1,231
	1,241 1,231 136 247
	136 247
	539,216 599,912 (3,434) (3,434)
	(3,434) (3,434) 50,000 75,000
	50,000 75,000
	46,565 71,565 3,072 — (2,978) 1,699 6,213 12,922 2,355 6,415 (4,292) 304 2,241 — 9,966 10,330
	6,988 12,029 3,773 4,265 131 — 1,858 1,788
	3,773 4,265 566 561 153,483 153,850
	566 561 748 748
	748 748 3,476 3,476 943 1,868 (728) 829 (28) 20 3,737 3,950 4,035 3,459 1,710 1,028 — 1,883 125 265 (3,918) (3,566) 2,213 11,194 3,577 3,976 32,998 — 160 160 (570) (570)
	8,924 8,456

Page 11

Deposit Account - Llandyfrydog Church Lands Charity (Restricted) - Church Upkeep Fund (Restricted) - Churchyard Fund (Restricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - General fund (Unrestricted) - Gwyneth Price Fund (Endowment) - Maintenance Fund (Designated) - Churchyard Deposit Account-St.Gwenllwyfo Churchyard Fund (Restricted) - General fund (Unrestricted) - CCLA COIF 0001 Church Capital Account General fund (Unrestricted) - CCLA COIF 0002 Churchyard Account Churchyard Fund (Restricted) - CCLA COIF 0007 Hughie Lewis Hughie Lewis Fund (Restricted) - Mrs L Fair Deceased Churchyard (Restricted) - Total for Cash at bank and in hand Grand total	918 918 15,000 15,000 1 1 — 254 238 235 5,100 4,425 435 387 — 32,818 6,451 6,405
	— 254 16,157 16,581 — 3,403
	16,157 16,581 7,591 7,518
	7,591 7,518 13,765 13,632
	13,765 13,632 237 235
	237 235 12,488 12,318
	303,264 335,000
	889,045 1,006,478

Page 12

Fund movement by type

	Opening Incoming Outgoing Transfers Gains/losses Closing
BodGravesT - Bodavon Graves (Lla Restricted Sub-total for BodGravesT Bond - Bond Fund Designated Sub-total for Bond Chancel - Chancel Repair Fund Restricted Sub-total for Chancel ChrchLand - Church Lands Charity Restricted Sub-total for ChrchLand ChurchYard - Churchyard Fund Restricted Sub-total for ChurchYard Churchyard - Churchyard Restricted Restricted Restricted Sub-total for Churchyard FAGF - Frederick Augustus G Endowment Sub-total for FAGF Floor - Floor Fund Restricted Sub-total for Floor GPrice - Gwyneth Price Fund Endowment Sub-total for GPrice General - General fund Unrestricted Sub-total for General Guild - Guild Fund Restricted Sub-total for Guild Hall - Hall Fund Restricted Sub-total for Hall HughieLew - Hughie Lewis Fund Restricted Sub-total for HughieLew Josie - Josie Thomas Fund Restricted Sub-total for Josie LandsChar - St Eilian Church Lan Restricted Sub-total for LandsChar Legacy - Legacy Fund Restricted Sub-total for Legacy MAINT - St Elian's Maintenan Designated Sub-total for MAINT	3,476 — — — — 3,476
	3,476 — — — — 3,476 — — — — — —
	— — — — — — 8,575 — — — (743) 7,832
	8,575 — — — (743) 7,832 918 — — — — 918
	918 — — — — 918 42,438 4,567 7,389 — (1,894) 37,722
	42,438 4,567 7,389 — (1,894) 37,722 15,503 170 — — (112) 15,561 — — — — — — 3,950 1,147 1,360 — — 3,737
	19,454 1,317 1,360 — (112) 19,299 2,360 — — (2,241) (118) —
	2,360 — — (2,241) (118) — 3,459 884 307 — — 4,035
	3,459 884 307 — — 4,035 32,818 — — 179 — 32,998
	32,818 — — 179 — 32,998 183,025 31,387 60,872 1,992 (13,017) 142,516
	183,025 31,387 60,872 1,992 (13,017) 142,516 1,788 — — 70 — 1,858
	1,788 — — 70 — 1,858 1,047 — — — (95) 952
	1,047 — — — (95) 952 235 2 — — — 237
	235 2 — — — 237 160 — — — — 160
	160 — — — — 160 430,032 — — — (36,035) 393,996
	430,032 — — — (36,035) 393,996 154,154 335 5,299 — — 149,190
	154,154 335 5,299 — — 149,190 — — — — — —
	— — — — — —

Page 13

Maint - Maintenance Fund Designated Sub-total for Maint TYH - Tan yr Hall Designated Sub-total for TYH Tierney - Tierney Fund Restricted Sub-total for Tierney UpkeepFund - Church Upkeep Fund Restricted Sub-total for UpkeepFund Youth - Youth Fund Restricted Sub-total for Youth hChurchyar - Churchyard Fund Restricted Sub-total for hChurchyar Grand total	5,835 46 — — — 5,881
	5,835 46 — — — 5,881 85,330 3,432 3,795 — (25,000) 59,966
	85,330 3,432 3,795 — (25,000) 59,966 9,651 — — — (1,984) 7,667
	9,651 — — — (1,984) 7,667 15,000 — — — — 15,000
	15,000 — — — — 15,000 6,713 — — — (1,380) 5,333
	6,713 — — — (1,380) 5,333 — — — — — —
	— — — — — —
	1,006,478 41,973 79,024 — (80,381) 889,045

Page 14

Analysis of income and expenditure

					Total
	Unrestricted	Designated	Restricted	Endowment	This year	Last year
INCOME AND ENDOWMENTS
Donations and legacies
0101 - Standing Order Planned	3,660	—	—	—	3,660	1,740
Giving
0102 - Occasional Giving via Bank	—	—	—	—	—	240
0110 - Gift Aid Envelopes -	40	—	—	—	40	250
Occasional
0111 - Gift Direct	—	—	—	—	—	3,580
0112 - Other planned giving	703	—	—	—	703	558
0113 - Weekly envelope planned	—	—	—	—	—	—
giving
0114 - Special Service Giving	—	—	—	—	—	—
Envelopes
0201 - Loose plate offering	9,068	—	—	—	9,068	4,373
0202 - Offerings - Weddings	—	—	—	—	—	—
0203 - Offerings - Baptisms	78	—	—	—	78	153
0204 - Offerings - Funerals	60	—	—	—	60	580
0301 - Gift day receipts	—	—	—	—	—	—
0302 - Wall safe / box donations	840	—	—	—	840	142
0303 - One off Gift Aid donations	—	—	—	—	—	—
0304 - Gifts of quoted securities	—	—	—	—	—	—
0305 - Donations appeals etc	5,175	—	106	—	5,282	4,674
0306 - Contactless Donations	—	—	—	—	—	—
0401 - Mission Boxes	—	—	—	—	—	—
0402 - Other collections/mission	—	—	—	—	—	—
appeals
0501 - Recovered HMRC Gift Aid	450	—	—	—	450	723
receipts
0502 - Recovered HMRC GASDS	—	—	—	—	—	—
receipts
0503 - Recovered Gift Direct Gift Aid	—	—	—	—	—	—
0601 - Legacies	1,000	—	—	—	1,000	15,000
0701 - Recurring grants	—	—	—	—	—	—
0702 - Non-recurring one-off grants	—	—	1,000	—	1,000	—
Total	21,076	—	1,106	—	22,182	32,016
Income from charitable activities
0901 - Fees for Occasional Offices	2,368	—	1,356	—	3,724	216
0902 - Wedding fee	2,460	—	—	—	2,460	1,148
0903 - Blessing fee	—	—	—	—	—	—
0904 - Publication of Banns	40	—	—	—	40	—
0905 - Funeral fee	1,684	—	—	—	1,684	432
0906 - Burial fee	658	—	2,465	—	3,123	3,096
0907 - Memorial fee	—	—	522	—	522	547
0908 - Search of registers	—	—	—	—	—	—
Total	7,210	—	4,343	—	11,553	5,439
Other trading activities
0801 - Fund raising	815	—	983	—	1,798	1,731
0802 - Other funds generated	—	—	—	—	—	39
0803 - Hall Rental Income	—	—	—	—	—	—
0804 - Magazine/other publication	86	—	—	—	86	—
sales
0805 - Sundry income	566	—	—	—	566	389
0806 - Printing Income	70	—	—	—	70	—

Page 15

0807 - Church Building Rental 0808 - MA/Parish share rebate Total Investments 1001 - Dividends/investment income 1020 - Bank and building society interest 1030 - Rent from investment land or buildings Total Other income 1101 - Insurance claims 1102 - Surplus - Sales of fixed assets 1103 - Sales of fixed assets 1104 - Sale of investments 1105 - Loans received 1106 - Loan repaymnets received Total	— — — — — — — — — — — —
	1,537 — 983 — 2,520 2,159 1,399 — — — 1,399 1,883 164 46 674 — 885 29 — 3,432 — — 3,432 3,432
	1,563 3,478 674 — 5,716 5,344 — — — — — 1,178 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
	— — — — — 1,178
INCOME TOTAL	31,387 3,478 7,107 — 41,973 46,137

EXPENDITURE

EXPENDITURE
Raising funds
3101 - Fees paid to fund raisers	—	—	—	—	—	—
3102 - Costs of applying for grants	—	—	—	—	—	—
3103 - Costs of generating resoucres	—	—	—	—	—	—
- giving
3104 - Costs of fund raising	0	—	—	—	0	—
Total	0	—	—	—	0	—
Expenditure on charitable activities
2001 - Diocesan share	47,569	—	—	—	47,569	45,339
2101 - Clergy expenses	4	—	—	—	4	23
2102 - Clergy expenses - mileage	883	—	—	—	883	67
2103 - Clergy expenses -	192	—	—	—	192	220
printing/postage/stati
2104 - Clergy expenses - equipment	407	—	—	—	407	—
2120 - Council tax	—	—	—	—	—	—
2145 - Parsonage - water	225	—	—	—	225	1,111
2146 - Parsonage - gas	—	—	—	—	—	—
2147 - Parsonage - electricity	176	—	—	—	176	—
2148 - Parsonage -	14	—	—	—	14	—
Oil/wood/LPG/other
2149 - Parsonage - other expenses	219	—	—	—	219	—
2150 - Clergy -	—	—	—	—	—	—
telephone/mobile/internet
2170 - Professional development &	—	—	—	—	—	—
training cost
2201 - Assistant clergy	—	—	—	—	—	—
fees/expenses
2202 - Readers Expenses	—	—	—	—	—	63
2203 - Curate expenses	—	—	—	—	—	—
2210 - Readers expenses - mileage	—	—	—	—	—	—

Page 16

2211 - Readers expenses -	—	—	—	—	—	19
printing/postage/stat
2212 - Readers expenses -	—	—	—	—	—	—
equipment
2220 - Curate expenses - mileage	—	—	—	—	—	—
2221 - Curate expenses -	—	—	—	—	—	—
printing/postage/stati
2222 - Curate expenses - equipment	—	—	—	—	—	—
2230 - Lay Ministers expenses	—	—	—	—	—	—
2231 - Lay Ministers expenses -	—	—	—	—	—	—
mileage
2232 - Lay Ministers expenses -	—	—	—	—	—	—
printing/postag
2233 - Lay Ministers expenses -	—	—	—	—	—	—
equipment
2234 - Lay Ministers Salary	—	—	—	—	—	—
2235 - Lay Ministers HMRC	—	—	—	—	—	—
payments
2236 - Lay Ministers Pension	—	—	—	—	—	—
contributions
2340 - Maintenance of services	143	—	—	—	143	—
2341 - Costs of vergers, organists	—	—	—	—	—	—
and choir
2342 - Music & performance	366	—	—	—	366	254
expenses
2343 - Music Instrument	—	—	—	—	—	204
Tuning/Maintenance
2344 - Costs of digital services	—	—	—	—	—	—
(streaming, su
2345 - Costs of Copyright License	267	—	—	—	267	—
2401 - Costs of meetings	—	—	—	—	—	—
2402 - Bank and Credit Card Charges	—	—	—	—	—	—
2403 - Cost of printing, post and	—	—	—	—	—	—
stationery
2404 - MA - telephone/mobile/internet	—	—	—	—	—	—
2405 - Office and general expenditure	863	—	—	—	863	99
2406 - Admin/Staff Salary	—	—	—	—	—	—
2407 - Depreciation	—	—	—	—	—	—
2408 - Leasing and Hire purchase	—	—	—	—	—	—
charges
2409 - Professional Fees	—	—	—	—	—	2,482
2410 - IE/Audit and accountancy fees	—	—	—	—	—	—
2411 - Investment management fees	—	—	—	—	—	—
2412 - Trustee Training and	—	—	—	—	—	—
development
2413 - Trustee expenses	—	—	—	—	—	—
2414 - Trustee Other Costs	—	—	—	—	—	—
2415 - Gifts to individuals	150	—	—	—	150	300
2421 - Admin/Staff HMRC payments	—	—	—	—	—	—
2422 - Admin/Staff Pension	—	—	—	—	—	—
contributions
2423 - Admin/Staff Expenses	—	—	—	—	—	—
2424 - Admin/Staff Equipment	—	—	—	—	—	—
2425 - Admin/Staff Other Costs	—	—	—	—	—	—
2450 - MA/LMA central costs	—	—	—	—	—	—
2501 - Church operatating costs -	4,099	—	705	—	4,804	4,432
insurance
2502 - Church operating costs -	1,902	—	216	—	2,118	2,159
electricity
2503 - Church operating costs - gas	580	—	567	—	1,147	638
2504 - Church operating costs - water	256	—	—	—	256	241
2505 - Church operating costs - other	132	—	243	—	375	1,628
2506 - Church operating costs -	—	—	—	—	—	—
oil/LPG
2507 - Interest on parish loans	—	—	—	—	—	—
2508 - Church repairs and	1,890	—	3,000	—	4,890	18,372
maintenance

Page 17

2509 - Church Cleaning 2510 - Church operating costs - tel/mob/interne 2511 - Church operating costs - fire equipment, 2601 - Churchyard management costs 2602 - Church hall operating costs - other 2603 - Church hall operating costs - electric 2604 - Church hall operating costs - gas 2605 - Church hall operating costs - insurance 2606 - Church hall costs - repairs/maintenance 2607 - Church hall costs - tel./mob./internet 2608 - Church hall operating costs - water 2609 - Church hall - equipment repair & renewal 2611 - Church hall operating costs - cleaning 2612 - Other property repairs/maintenance 2613 - Other property - insurance 2614 - Other property - electricity 2615 - Other property - gas 2616 - Other property - oil/LPG 2617 - Other property - water 2618 - Other property - tel./mob./internet 2619 - Other property - compliance costs 2641 - Churchyard grass cutting 2642 - Churchyard structural repairs 2643 - Churchyard memorial costs 2644 - Churchyard grave costs 2701 - Major building repairs and renovations 2801 - Children & young people activity costs 2803 - Payments to parish lay workers 2804 - Cost of church publications 2805 - Cost of mission & evangelism 2806 - Other costs of parish mission work 2807 - Cost of maintaining websites and social 2901 - Support of diocesan projects 2902 - Support of church charities & projects 2903 - Support of UK charities 2904 - Support of international mission & proje Total Other expenditure 3001 - Purchase of asstes for church purposes 3002 - Purchase of investments 3003 - Loans made	84 — — — 84 — — — — — — — 36 — 566 — 602 — — — 7,819 — 7,819 5,168 — — — — — — — — — — — 38 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 50 3,212 — — 3,262 601 — 583 — — 583 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 930 — 930 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 10 — — — — — — 357 — — — 357 410 — — 307 — 307 —
	60,872 3,795 14,356 — 79,024 83,886 — — — — — — — — — — — — — — — — — —

2509 - Church Cleaning
2510 - Church operating costs -
tel/mob/interne
2511 - Church operating costs - fire
equipment,
2601 - Churchyard management
costs
2602 - Church hall operating costs -
other
2603 - Church hall operating costs -
electric
2604 - Church hall operating costs -
gas
2605 - Church hall operating costs -
insurance
2606 - Church hall costs -
repairs/maintenance
2607 - Church hall costs -
tel./mob./internet
2608 - Church hall operating costs -
water
2609 - Church hall - equipment repair
& renewal
2611 - Church hall operating costs -
cleaning
2612 - Other property
repairs/maintenance
2613 - Other property - insurance
2614 - Other property - electricity
2615 - Other property - gas
2616 - Other property - oil/LPG
2617 - Other property - water
2618 - Other property -
tel./mob./internet
2619 - Other property - compliance
costs
2641 - Churchyard grass cutting
2642 - Churchyard structural repairs
2643 - Churchyard memorial costs
2644 - Churchyard grave costs
2701 - Major building repairs and
renovations
2801 - Children & young people
activity costs
2803 - Payments to parish lay
workers
2804 - Cost of church publications
2805 - Cost of mission & evangelism
2806 - Other costs of parish mission
work
2807 - Cost of maintaining websites
and social
2901 - Support of diocesan projects
2902 - Support of church charities &
projects
2903 - Support of UK charities
2904 - Support of international
mission & proje
Total
Other expenditure
3001 - Purchase of asstes for church
purposes
3002 - Purchase of investments
3003 - Loans made

84
—
—
—
84
—
—
—
—
—
—
—
36
—
566
—
602
—
—
—
7,819
—
7,819
5,168
—
—
—
—
—
—
—
—
—
—
—
38
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
50
3,212
—
—
3,262
601
—
583
—
—
583
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
930
—
930
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
10
—
—
—
—
—
—
357
—
—
—
357
410
—
—
307
—
307
—

60,872
3,795
14,356
—
79,024
83,886
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—

Page 18

3004 - Loans received repayments 3005 - Loss on sale of fixed asset Total	— — — — — — — — — — — —
	— — — — — —
EXPENDITURE TOTAL	60,872 3,795 14,356 — 79,024 83,886

GRAND TOTAL	(29,484) (317) (7,249) — (37,051) (37,748)

Conclusion

Following two years of poor results the financial results for 2022 are showing a welcome improvement back to pre-COVID levels,
Members of the Ministry Area Council (MAC) and Church Treasurers need to find potential synergies and follow them through in order to reduce costs,
Although interest rates have improved since the end of the last financial year, we must discover better ways of improving our return on investments. To assist in this area, we have invited the Diocesan Financial Director to provide guidance. Once a strategy has been agreed, all churches must take action to improve in this area and the MAC should monitor progress to ensure that our full potential is being reached,
More work and therefore cost is needed to improve the rental property in Llanerchymedd. The extent of this has not yet been formulated but will inevitably lead to expenditure in 2023.

Page 19

INDEPENDENT EXAMINEWS REpoKfTO BRO ELEfH PAROCHIAL CHURCH COUNCIL l pOrt on the accounts for the year ended 31 Decernber 2022 Respective responslbllltles of trustees and examlner The Parochial Church Council IPCCI are responsible for the preparation of the accounts. The PCC considers that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act1} and that an independent examination is needed. It is my responsibility to= examine the accounts under section 145 of the 2011 Actl- to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 1451511bl of the 2011 Act),. and to stste whether particular matters have come to my attention. Basls of Independent examiner's report My examination was carried out in accordance with the general Directions 8iven by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of anv unusual items or disclosures in the accounts. and seekin8 explanalions from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'true and fair view, and the report Is limited to ihose rnatters set out in the stètement bebw. Independent examlnerfs statement In connertion with my examination, no matter has come to my attention: I I I which gives me reasonable couse to believe that in any rnaterial respect the requirements to keep accounting records in accordance with SeCtn 130 of the 2011 Act,. and to prepare accounts which accord with the accounting records and comply with the actountin8 requirements of the 2011 Act have not been mel; or 121 to which, in my opinion. attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. INarTh¢l Js Llys Denwydd ryl Lon Bangor Benllech LL74 8TN