| Page | |||
|---|---|---|---|
| Trustees' Report | 1-17 | ||
| Auditors' Report |
18-20 | ||
| Statement of Financial | Activities | 21-23 | |
| Summary of Income and Expenditure | Account and | 24 | |
| Statement ofChanges | in Equity | ||
| Balance Sheet | 25-26 | ||
| Cashflow Statement | 27 | ||
| Notes to the Accounts | 29-SB |
| Clergy Stipend Levels |
2022 | 2021 |
|---|---|---|
| Assistant Curate |
21,990 | 21,559 |
| Incumbent and Vicar in Rectorial Benefice |
25,870 | 25,363 |
| Rector of Rectorial Benefice | 27,164 | 26,631 |
| Residentiary Canon |
29,751 | 29,167 |
| Archdeacon | 39,581 | 38,805 |
| Dean | 40,099 | 39,313 |
| Forthe Year Ended 31Decemb | Forthe Year Ended 31Decemb | er 2022 | er 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unreslrlcted | gesulctsd | Total | |||||||
| Capital | |||||||||
| General | Designated | Income | Permanent | ||||||
| Funds | Funds | Funds | Endowment | ||||||
| Funds | |||||||||
| 2022 | |||||||||
| E | |||||||||
| INCOME | AND | ENDOWMESfl5 | FAOMr | ||||||
| Donations | and legades | 3 | 4845,127 | 2,269 | 350,638 | 4,598,082 | |||
| Charltabk | Acthrldes | 4 | 18,967 | 28,967 | |||||
| Irnustm | ento | 5 | 144,317 | 73,919 | 266,868 | 78,171 | 563,175 | ||
| Other | Sourcm | 6 | 11,799 | 23,927 | 35,726 | ||||
| TOTAL | 4,210 | 76.188 | SI14M | ~7S | 9 | 522 Al | |||
| 2021 | 2021 | 2021 | 2021 | 2021 | |||||
| E | E | E | E | ||||||
| INCOME | ANO | ENDOWMENTS | FROND | ||||||
| Donalkns | and Legedes | 3 | 5,235,951 | 805,138 | 49,742 | 6,030.831 | |||
| Chargable | Arthctks | 31,765 | |||||||
| lmnmtm | eras | 118,304 | 60,289 | 218418 | 82,290 | 479,701 | |||
| Other | Sources | 9/67 | 143,177 | 152,644 |
| Forthe Year Ended SiDecemb | Forthe Year Ended SiDecemb | er 2022 | ||||
|---|---|---|---|---|---|---|
| Unrastdcted | striated | |||||
| Capilal | ||||||
| General | Desiglmted | Income | Permanent | Funds | ||
| Funds | Funds | Funds | Endowment | |||
| Funds | ||||||
| 2022 | 2022 | 2022 | ||||
| 6 | 6 | E | ||||
| Raidng Funds | 7 | 6,712 | 9417 | 1,713 | 20,392 | 38,644 |
| Charitable Adhrldes |
||||||
| Support for Ministry | 8 | 3,228.535 | 50,277 | 898,135 | 4,176.947 | |
| Support for Parishes | 9 | 1,102,137 | 47,109 | 18,5$9 | 1,167,3$5 | |
| Church Property | 101„039 | 195,433 | ||||
| Other Rnanclal Support | 163,56$ | 163,568 | ||||
| Communication | 12 | 44,956 | 44,956 | |||
| 13 | 1,187,711 | 1,187,851 | ||||
| 4AI4857 | llPaa | oo881 | tlllN | ~S75lal | ||
| 2021 | 2021 | 2021 | 2021 | 2021 | ||
| EXPENDITURE ON: | 8 | 6 | 6 | 8 | ||
| Robing Funds | 7 | 6.665 | 9,733 | 2A137 | 25,595 | 44,D30 |
| Charitable Acthddes |
||||||
| Support for Ministry | 8 | 3,525,731 | 61,042 | $98,788 | 4,485,561 | |
| Support for Parishes | 9 | 1,413.300 | 67,299 | 10rlly | ly491,516 | |
| Church Properly | 10 | 67,296 | 17,882 | 85,178 | ||
| Other Financial Support | 144957 | 14M57 | ||||
| Communicauon | 12 | 30.769 | 30,769 | |||
| Other | 52,695 | 52,695 | ||||
| 5,185,718 | 13fh074 | 9292I24 | TR290 | Er$33,706 |
| stdcted | stdcted | Total | ||||
|---|---|---|---|---|---|---|
| Cspnsf | ||||||
| Designated | Income | Permanent | ||||
| Funds | Funds | Endowment | ||||
| Funds | ||||||
| 2022 | 2022 | 2022 | ||||
| NET INCOME /(EXPENDllURE) | ||||||
| BEFOREINVESTMENT GAINS | (216,747) | (31,155) | (371,398) | (1,129,884) | (1,749,1S4) | |
| NST (LOSSES)ON I VSSISIIENTS | 18 | (111,733) | (163,171) | (9,938) | (381,169) | (666,011) |
| NET INCOME/(EXPENDIIURE) | (328,480) | (194,326) | (381,336) | (1,511,053) | (2,415,195) | |
| TRANSFERS BETWEEN FUNDS | 24/25 | (356.563) | (26,009) | 392,768 | (10,196) | |
| NET MOVEMENT IN FUNDS |
(685,043) | (220,335) | 11~2 | (L521,249) | (2815,195) | |
| Total Funds Brtnmht ronsard | 6,234,940 | 2,406,444 | 2,176,702 | 4,351,301 | 15,169,387 | |
| TOTAL FUNDS CARRIED FORWARD | 44 4 | 5 | 5 | LOROARL | 5 54 | |
| 2023 | 2021 | 2021 | 2021 | 2021 | ||
| E | 6 | 6 | 6 | |||
| NET INCOME /(EXPENOllURE) | ||||||
| BEFOREINVESTMENT GAINS | (77,785) | 237.509 | 53,742 | 423,235 | ||
| NET GAINS ON INVESTMENIS | 18 | 139,938 | 195/135 | 16.558 | 445/I71 | 798/O2 |
| NET INCOMF/(EXPENOllURE) | 349,707 | 117,850 | 254,067 | 499,613 | 1,221,237 | |
| TRANSFERS BETWEEN IUNDS | 24/25 | 226,315 | (106,315) | (110.000) | (10,000) | |
| NET MOVEMENT IN FUNDS | 576,022 | 144.067 | 489,613 | 1,221,237 | ||
| Total Funds BmuEht Norward | 5,65S,918 | 2,394,909 | 2/82,635 | 32)615688 | 13,94S,150 | |
| IIIIALFURIORARIUUOIOROOI | 454445 | 4445444 | LLFAIUI | ASUUI | .145445 |
| STATEMENT | OF CHANGES IN EQUITY |
||||
|---|---|---|---|---|---|
| Forthe Year | Ended 31December 2022 | ||||
| 2022 | 2021 | ||||
| E | E | ||||
| Gross Income (per SOFA) | 5,226,050 | 7,145,610 | |||
| Expenditure (per SOFA) |
(6,975,234) | (6,722,375) | |||
| Operating (Oefidt)/Surplus For the year |
(1,749,184) | 423,236 | |||
| Reagsed Gains on Investments | |||||
| Realised gains/losses on Investments |
177,201 | 1,057,414 | |||
| Realised gains on investment | properties | ||||
| Realised gains on fixed assets | |||||
| 177,201 | 1,057,414 | ||||
| (1,571,983) | 1,480,650 | ||||
| Unrealised Gains on Investments |
|||||
| Revaluation (Loss)/Gain on Investment |
Property | ||||
| Unrealised Gains/(Losses) on |
Investments | (843,212) | (259,411) | ||
| Revaluation (Loss}on Fixed Assets |
|||||
| Valuation ofProperties Introduced |
|||||
| (843,212) | (259,411) | ||||
| (DEFICIT)/SURPLUS FORTHE YEAR | (2,415,195) | 1,221,237 |
| Notes | 2022f | 2022 f |
2021 E |
2021 | ||||
|---|---|---|---|---|---|---|---|---|
| Restated | Restated | |||||||
| ~xE~Ass | 5 | |||||||
| Tangible Assets | 17 | 229,419 | 224,695 | |||||
| Investments | 18 | 7,849,441 | 9,643,691 | |||||
| Long term debtors | 19 | 271,324 | 336,446 | |||||
| 8,350,184 | 10,204,832 | |||||||
| C~URRENT | SSE)5 | |||||||
| Debtors | 20 | 327,943 | 562,117 | |||||
| Cash at gant and | in Hand | 6,001,684 | 6,137,110 | |||||
| 6,329,627 | 6,699,227 | |||||||
| CREDITORS: | Due | Within One Year | 21 | (1,659,344) | (1,414,397) | |||
| NET CURRENT ASSETS | 4,670,283 | 5,284,830 | ||||||
| TOTAL ASSETS LESSCURRENT | LIARILIIIES | 13,020,467 | 15,489,662 | |||||
| CREDITORS: | Due | More Than | ||||||
| One Year | 22 | (266,275) | (320,275) | |||||
| NET ASSETS | 12,754,192 | 15,169,387 | ||||||
| FUNDS | ||||||||
| Restricted Capita |
I Endowment | Funds | 23 | 2,83D,052 | 4,351,301 | |||
| Restricted Income Funds |
24 | 2,188,134 | 2,176,702 | |||||
| Designated Funds |
25 | 2,186,109 | 2,406,444 | |||||
| Unrestricted | Funds | 26 | ||||||
| Investment | Property Reserve Fund | 1,678,765 | 1,678,765 | |||||
| General Funds |
3,871,132 | 4,556,175 | ||||||
| 5,549,897 | 6,234,940 | |||||||
| . 9 | 15.1 |
| Notes | Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| 6 | 6 | |||||||
| 28 | ||||||||
| Net Cash provided by/(used in) operating |
activities | (1(802,165) | (367,439) | |||||
| Cash flows from Investing | actlvltiesr | |||||||
| Dividends, interest and |
rents from | investments | 563,275 | 479,699 | ||||
| Purchase ofproperty, plant and equipment |
(10,116) | (28,034) | ||||||
| Proceeds from the sale | offixed assets | |||||||
| Proceeds from the sale | ofinvestments | 2,333,917 | 2,601,381 | |||||
| Purchase ofinvestments | (1,376,621) | (2,450,945) | ||||||
| Net Cash provided by/(used In) Investing |
activities | 1,510,455 | 602,101 | |||||
| Cashflows from flnandng | activities: | |||||||
| Receipt ofendowment | 48 | 49,742 | ||||||
| Change In cash and cash equivalents |
Inthe | reporting | period | (291,662) | 284,404 | |||
| Cash and cash equivalents | atthe | 28 | 6,319,579 | 6,035,175 | ||||
| beginning ofthe reporting |
period | |||||||
| Cash and cash equivalents | at the end | ofthe | reporting | period | 6,027,917 | 6,319,579 |
| Forthe Year Ended 31December | Forthe Year Ended 31December | 2022 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrasbtctad | Rastdcted | Total | |||||||
| General | Designated | Income | Capital | Funds | |||||
| Funds | Fund | Funds | Endowment | ||||||
| Funds | |||||||||
| 3 | Donations | and | legades | 2022 f |
2022 f |
2022 f |
2022f | 2022 | |
| Ministry | Share | 3,582,054 | 3,582,054 | ||||||
| RB:BlockGrant | 368,070 | 368,070 | |||||||
| RB:Additional | Support | 264,0iw | 264,000 | ||||||
| RB:Improvement | Fund | 192,398 | 192,398 | ||||||
| RB:Evangelism | Fund Grant | 90,328 | 90.328 | ||||||
| Grants | 8,333 | 1,378 | 3,000 | 12,711 | |||||
| Church Repair | Grant | 62,500 | 62,500 | ||||||
| Legacies | 1,155 | 1,103 | |||||||
| Donations | 11,670 | 891 | 1,257 | 24418 | |||||
| 4,245,127 | 2,269 | 350,638 | |||||||
| 3 | Donations | and legacies | 2021 E |
2021 | 2021 f |
2021 E |
2021 | ||
| Ministry Sham | 3,511,818 | 3511.818 | |||||||
| RB:BlockGrant | 293.501 | 458,021 | 751.522 | ||||||
| RB:Additional | Support | 1,4M,731 | I 408,731 | ||||||
| RB:Improvement | Fund | 177,640 | 177,640 | ||||||
| RB r Evangelism | Fund Grant | 145,836 | 145536 | ||||||
| Grants | 8,333 | 15,124 | 23W7 | ||||||
| Legacies | 49.742 | 49,742 | |||||||
| Donations | 13,568 | 8,517 | 22,085 | ||||||
| 5.235 rl51 | 805,188 | 49,742 | 6,090L831 | ||||||
| 4 | Charitable | Acthldes | 2022 | 2022 | 2022 | 2022 | 2022 | ||
| f | f | f | f | ||||||
| Chaplaincy Fees |
23,625 | 23,625 | |||||||
| Fees | 5,342 | 5342 | |||||||
| Charitable | Activities | 2021 | 2021 | 2021 | 2021 | 2021 | |||
| f | 6 | f | f | f | |||||
| Chaplaincy | Fees | 23,521 | 23421 | ||||||
| Fees | 8,244 | 8244 | |||||||
| 31,765 |
| Fort | he Year Ended 31December | he Year Ended 31December | 2022 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||||||
| General | Designated | Income | Capital | Funds | ||||||
| Funds | Fund | Funds | Endowment | |||||||
| Funds | ||||||||||
| 5 | Investments | 2022 | 2022 | 2022 | 2022 | |||||
| 6 | 6 | 6 | 6 | |||||||
| Rents Received | 116,965 | 18,935 | 135,900 | |||||||
| RBCommon | Investment | Fund | 99 | |||||||
| DBFCommon Investment |
Fund | 25,523 | 37,545 | 2,329 | 78,171 | 143,568 | ||||
| Rents Received: Pamenage Board | 211,510 | 211,510 | ||||||||
| Interest | 1,730 | 524 | 34,094 | 36,348 | ||||||
| Realisatlon | ofTrusts | 35,350 | 35,850 | |||||||
| 144,317 | 73419 | 266~ | 78,171 | 563,275 | ||||||
| 5 | Invesbnents | 2021 | 2021 | 2021 | 2021 | 2021 | ||||
| 6 | 6 | 4 | ||||||||
| Rents Received | 93,253 | 20.190 | 113~ | |||||||
| RBCommon | Investment | Fund | 76 | 76 | ||||||
| DBFCommon Investment |
Fund | 24,426 | 41,584 | 3,041 | 154941 | |||||
| Rents Received; Parsonage lnmrmt |
Boanl | 549 | 58 | 192,803 2,784 |
192Al03 3~ |
|||||
| Realisatlon ofTrusts | 18,647 | 18647 | ||||||||
| 118,304 | 60489 | 2282llg | 82,290 | 479,701 | ||||||
| 6 | Other Sources | 2022 6 |
2022 6 |
2022 E |
2022 f |
2022 6 |
||||
| Contribution: Housing Association |
6,584 | 6,584 | ||||||||
| Proceeds from | the sale ofassets | |||||||||
| Administration | Fee: | Sale of | Property | 5,000 | 11,500 | 16,500 | ||||
| Marriage Llcences | ||||||||||
| Sundry Income | 215 | 12A27 | 12,642 | |||||||
| 73„rf27 | 35,726 | |||||||||
| 2021 | 2021 | 2021 | 2021 | 2021 | ||||||
| 6 | 6 | f | 6 | 6 | ||||||
| Contribution:Housing | Association | 6,455 | 6/55 | |||||||
| Proceeds from | the sale ofassets | |||||||||
| Administration | Fee: | Saleof | Property | 62 | 10,985 | ANT | ||||
| Marriage Ucences |
2,280 | 2,280 | ||||||||
| Church Repair | Grant | 132,000 | 132.000 | |||||||
| Sundry Income | 192 | 862 | ||||||||
| Brtgy |
| For | the Year Ended 31December | the Year Ended 31December | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Ufnrestrlcted | estrlctad | Tatal | |||||||
| Seneral | eslgnated | Income | Capital | Funds | |||||
| Funds | Fund | Funds | Endowment | ||||||
| Funds | |||||||||
| 7 | Raising Funrh | 2022f | 2022 f |
2022 f |
2072 f |
2022 | |||
| 6,722 | 9,817 | ||||||||
| 7 | Raising Funds | 2021 | 2021 | 2021 | 2021 | ||||
| f | E | 6 | |||||||
| 6,665 | 9733 | vvl | 11595 | ~tao | |||||
| 8 | Support for Ministry | 2022 | 2022 f |
2022f | 2022f | 2022 6 |
|||
| Stipends, Fees ft | Pensions: | ||||||||
| Stipends | 2,312,958 | 44,019 | 2,356,977 | ||||||
| Pension-Emplayers | Contribution | ||||||||
| Vacancy Fees | 10,461 | 10,461 | |||||||
| Sundry | |||||||||
| Properlyr | |||||||||
| CouncilTax | 175,199 | 175,199 | |||||||
| Parsonage Board |
788,532 | 788,532 | |||||||
| Insurance on | Pamonages | 23,480 | 23/80 | ||||||
| Sundry | 5,622 | 5,622 | |||||||
| Evangelism Bid - Centre |
of Mission | 10,246 | 109,603 | 119,&49 | |||||
| Clergy Expenses: | |||||||||
| Clergy/Chaplains | Expenses | 24,455 | 24355 | ||||||
| RemOval/Disturbance | Allowance | 55,488 | 55,488 | ||||||
| Archdeacons | and | Area Deans | 15,869 | 6,258 | 22.127 | ||||
| Recruitment Costs |
4,209 | 4,209 | |||||||
| Training | |||||||||
| Ordinands/NSM | 19,151 | 19,151 | |||||||
| Lay Training | 2,855 | 2,855 | |||||||
| CMD/Vocations | Advisers | 11,657 | 11,657 | ||||||
| Spiritual Directors | |||||||||
| Support Costs IDirect) | 6,725 | 6,725 | |||||||
| Support Cast Allocation | 550,160 | 550,160 | |||||||
| 3,228,535 | 50,277 | 898,135 | 4,176,947 |
| For | the Year Ended 31December | the Year Ended 31December | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | 8meicsed | Total | |||||||
| General | Designated | income | Capel | Funds | |||||
| Funds | Fund | FUnds | Endrnument | ||||||
| Funds | |||||||||
| 8 | Support for Minbby | 2021 | 2021 | ||||||
| E | E | ||||||||
| Stlpends, Fees8 | Pensions: | ||||||||
| Stlpends | R410,513 | 42342 | M53.455 | ||||||
| Pension-Employers | Contribution | 395,591 | 14,164 | 409,755 | |||||
| Vacancy Fees | 1,197 | 1,197 | |||||||
| Sundry | |||||||||
| Property: | |||||||||
| Coundl Tax | 182,136 | 182,136 | |||||||
| Parsonage goard | 743,578 | 743„ri78 | |||||||
| Insurance on |
Personages | 21,539 | 21.539 | ||||||
| Sundry Evangegsm gid- Centre |
ofMission | 5,534 17531 |
155,210 | 5,534 172,741 |
|||||
| Qergy Expenses: | |||||||||
| ClergyfCheplains | Expanses | 22831 | 11,631 | ||||||
| Removal/Disturbance | Agowance | 25,257 | 25+57 | ||||||
| Archdeacons | and | Area Deans | 13,843 | 3,936 | 17,779 | ||||
| RecrUlbrlarrt Costs |
877 | 877 | |||||||
| Tralnlngr | |||||||||
| DrdinandnttSM | 23,184 | 23.184 | |||||||
| Ury Training | 2,877 | 2,377 | |||||||
| CMDNocations Advisers |
1256 | 1+66 | |||||||
| Spiritual Directors | |||||||||
| Support Costs (Dlrectf | 9,109 | 9,109 | |||||||
| SupPort Cost Allocation | 403,046 | 403,046 | |||||||
| 3~5,731 | 623N2 | 8$L788 | 4r485,561 |
| NOTES T For |
OTHE FINANQAL Sl'ATEMENT the Year Ended 31December |
OTHE FINANQAL Sl'ATEMENT the Year Ended 31December |
S (Cont'd) 2022 |
||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Aastlldfad | Total | |||||
| General | Designated | Income | Capits l | Fullds | |||
| Funds | Fund | Funds | Endowment | ||||
| Funds | |||||||
| 9 | Support for Parishes | 2022f | 2022 f |
2022 f |
|||
| Sector Ministry Costs | 4,117 | 4,117 | |||||
| Safeguarding | |||||||
| Local Ministry Area Inidative Grants | 18,105 | 18,105 | |||||
| Grants to Parishes | 5,295 | 18,589 | 23,884 | ||||
| legal and Professional | Fees | 2,997 | 2,997 | ||||
| Diocesan Strategy | 19.842 | 19,842 | |||||
| Chgdren and Youth | 3,867 | 3,867 | |||||
| Funding and Parish Support | 1,048,529 | 1,048,529 | |||||
| Suppon costs (Direct) | 1,362 | 1„362 | |||||
| Support cost agocatlon | 3 | 45,132 | |||||
| 1.102,137 | 47,109 | SIL589 | 1,167,835 | ||||
| 9 | Support for Perishes | 2021 | 2021 | 2021 | 2021 | 2021 | |
| f | f | f | f | 1 | |||
| Sector Ministry Costs | 1,851 | 1,851 | |||||
| Safeguarding | 22 | 22 | |||||
| local Ministry Area Initiative Grants | 7,247 | 7,247 | |||||
| Grants to Parishes | 13,275 | 10,917 | 24,192 | ||||
| Legal and Professional | Fees | ||||||
| Diocesan Strategy | 42,164 | 42,164 | |||||
| Children and Youth |
4,511 | 4411 | |||||
| Funding and Parish Support | 1,286,324 | 1286,324 | |||||
| Support costs (Direct( | 1,744 | 102 | |||||
| Support cost agocatlon | 123,359 | 123359 | |||||
| M13,300 | 67,299 | 20„rl17 |
| For | the Year Ended 31December | the Year Ended 31December | 2022 | |||
|---|---|---|---|---|---|---|
| tinrestricted | Restrlded | Total | ||||
| General | Designated | income | Capga | I | Funds | |
| Funds | Fund | Funds | Endowment | |||
| Funds | ||||||
| 2022 | 2022 f |
2022f | 2022f | |||
| Custodian Expenses |
731 | 731 | ||||
| Quinquennial Inspections |
||||||
| Dlocesan Advlsorycommntee | 19879 | 19,479 | ||||
| Investment Propeny: |
||||||
| Maintenance Expenses |
30,323 | 30,323 | ||||
| Insurance Premiums Legs I8Prafiessional Fees |
4,108 20,508 |
4,108 20,508 |
||||
| Other Bugdlngs: Repairs/Insurance | ||||||
| Church Schools (Open and Closed) 3-16VA School in StDavids |
27,793 66.601 |
27,793 66,601 |
||||
| Support Costs (Direct) | 124 | 124 | ||||
| Support cast agacatlon | 25,766 | 25,766 | ||||
| 2021 | 2021 f |
2021 f |
2021 f |
2021 f |
||
| Custodian Expenses |
||||||
| Quinquennial Inspections |
||||||
| Diocesan Advisory Committee | 18,050 | |||||
| Investment Property: |
||||||
| Maintenance Expenses |
20,699 | 20,693 | ||||
| Insurance Premiums |
5,530 | 5530 | ||||
| legal tt Prorexaonal Fees | 15,525 | 15,525 | ||||
| Other Bugdings: Repairs/Insurance | ||||||
| Church Schools (Open and Closed) 3-16VASchool In St Davlds |
17,882 | 17,882 | ||||
| Support Casts (Direct) | ||||||
| Support cost agacatlan | 7,054 | 7.054 | ||||
| 17,882 | 85,178 |
| F | orthe Year Ended 31December | orthe Year Ended 31December | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restrlded | Total | ||||
| General | Designated | Income | Capital | Funds | |||
| Funds | Fund | Funds | Endowment | ||||
| Funds | |||||||
| 11 Other Rnandal | Support | 2022 5 |
2022 f |
2022 E |
2022f | ||
| Grants: Church in Wales Bodies |
106,055 | 106,055 | |||||
| Grants: Anglican/Ecumenical/Other | |||||||
| Other Grants | 35,500 | 35„500 | |||||
| Support Costs | (Direct) | 500 | 500 | ||||
| SuPport cost allocation | 21,513 | 21$13 | |||||
| 163,566 | 16$,56$ | ||||||
| 11 Other Flnandal Support | 2021 | 2021 | 2021 | 2021 | 2021 | ||
| f | E | E | E | ||||
| Grants: Church | In Wales Bodies | 104,793 | 104,793 | ||||
| Grants: Anglken/Ecumenical/other | 500 | 500 | |||||
| Other Grants | 24,450 | 24/NO | |||||
| Support Costs (Direct) Support cost agocatlon |
500 ~1 |
~1 | |||||
| 141,957 | 341957 | ||||||
| 12 Cammunldrgon | 2022f | 2022 E |
2022 E |
2022f | |||
| Newsletters/Diocesan | Publications | 12,596 | 12,596 | ||||
| Year Book | |||||||
| Pernhrokeshire | Shaw | 4.667 | 4,667 | ||||
| Sup port Costs | (Direct) | 25,069 | 25,069 | ||||
| 5uppart cost a Bocatl on | 4624 | ||||||
| 4A956 | 44 rISB | ||||||
| 12 Cammunlcagon | 2021 | 2021 | 2021 | 2021 | 2021 | ||
| E | E | 6 | E | ||||
| Newsletters/Diocesan | Publkagons | 5,829 | 5.629 | ||||
| Year Book | |||||||
| Pembrokeshire | Show | ||||||
| Support Costs (Direct) | 24,414 | 24,414 | |||||
| Support cmt agocation | 526 | 526 | |||||
| $0,769 |
| NOT | ESTO THE FINANCIALSIATEMENIS Forthe Year Ended 31December |
ESTO THE FINANCIALSIATEMENIS Forthe Year Ended 31December |
(Cont'd) 2022 |
|||
|---|---|---|---|---|---|---|
| Vnsstdcted | asukaud | Total | ||||
| General | Designated | income | Capital | Funds | ||
| Funds | Fund | Funds | Endowment | |||
| Funds | ||||||
| 13 | Other | 2022 E |
2022 6 |
2022f | 2022 6 |
|
| Payment nfTrust income | $9~ | |||||
| Realisadon ofTrust Capital | ||||||
| Payment ofLegacies | 1,097.726 | j,097,726 | ||||
| Bsnkchargss | 140 | |||||
| 140 | 1,287,711 | 1,187,851 | ||||
| 13 | Other | 2021 | 2021 | 2021 | 2022 | 2021 |
| 6 | 6 | 6 | 6 | E | ||
| Payment ofTrust Income | ||||||
| Reslisation ofTrust Capital | ||||||
| Payment ofLegades | 18,652 |
| 14 | FUNDING AISD PARISH SUPPORT |
2022 | 2021 | |||||
| E | E | |||||||
| Prompt Payment Discount |
||||||||
| Increase in Unpaid Ministry |
Share Provision | 824,369 | 50,000 | |||||
| Ministry Share not mquested | 224,159 | 1,236,324 | ||||||
| Ministry Share Write | Off | |||||||
| 1.848 | 1,286,324 | |||||||
| 15 | SIPPO 353555 |
2022 | 2021 | |||||
| 6 | E | |||||||
| Salaries and Related | Payments | 451,153 | 387,697 | |||||
| Travelling Expenses |
2,734 | 359 | ||||||
| Expenses Staff Members | 5,871 | 5,925 | ||||||
| Office Cleaning | 1,604 | 794 | ||||||
| Heating and Lighting | 6,282 | 5,814 | ||||||
| Telephone | 7,488 | 6,704 | ||||||
| Printing, Stationery and Office |
Sundries | 2,523 | 1,971 | |||||
| Postage | 1,542 | 1,585 | ||||||
| Ground Rent ofOffices |
18,000 | 18,000 | ||||||
| Water Rates | 1,289 | 1,208 | ||||||
| Office Security | ||||||||
| Insurances (including |
Trustees | Indemnity | Insurance) | 10,253 | 11,115 | |||
| Depreciation | 14,316 | 5,541 | ||||||
| Repairs and Renewals | 13,869 | 4,692 | ||||||
| Legal and Professional | 13,542 | 19,558 | ||||||
| Audit Fee | 15,594 | 14,400 | ||||||
| Training Courses | 1,851 | 3,890 | ||||||
| Bank Charges and Interest | 1,320 | 1,088 | ||||||
| Miscellaneous | 841 | |||||||
| Room Hire | 60 | |||||||
| Diocesan and Archdeacons | Registrars Expenses | 26,910 | 25,391 | |||||
| Computer Software and Support | 6,064 | 13,764 | ||||||
| Office Equipment | 4,871 | 4,858 | ||||||
| Grantfinder | 1,356 | 1,356 | ||||||
| Governing Body Meeting Expenses |
25,931 | 5,946 | ||||||
| Translation Fees |
121 | 708 | ||||||
| Diocesan Conference | 8,848 | 2,436 | ||||||
| Other Sundry Expenses | 1,845 | |||||||
| Medical Fees | 18 | |||||||
| Contribution to Support Costs |
from Restricted | Funds | (81,577) | (80,000) | ||||
| 8 L3,818 | 465,701 | |||||||
| Governance costs included |
within the above support costs |
| 6 | Forthe Year Ended | 31December 2 | 022 | ||||
|---|---|---|---|---|---|---|---|
| Opening | Ministry | Paid | Closing | Ministry | |||
| Balance | Share | Balance | Share | ||||
| 1)anuary | 31December | ||||||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||
| STDAVIDS ARCHDEACONRY | E | E | E | E | E | ||
| Cathedral | 41,917 | (45,080) | (3,163) | 44,449 | |||
| South West | Pembrokeshire | 12,512 | 163,385 | (180,432) | (4,535) | 174,443 | |
| Narberth 8 |
Tenby | 30,386 | 286,763 | (265,237) | 51,912 | 302,759 | |
| Roose | 30,857 | 269,527 | (207,883) | 92,501 | 311,145 | ||
| Greater Dewlsland | 23,078 | 89,506 | (53,712) | 58,872 | 66,255 | ||
| Gorllewin Cemaes - West Cemaes | 67,097 | 156,404 | (102,571) | 120,930 | 151,121 | ||
| Daugleddau | 15,189 | 173,503 | (142,45D) | 46,242 | 161,185 | ||
| East Landsker | 44 301 | 96,160 | (64,722) | 75,739 | 92,253 | ||
| TOTAL | 223,420 | 1,277,165 | (1,062,087) | 438,498 | 1,303,610 | ||
| CARDIGAN ARCH | DEAIX)NRY | ||||||
| BroTeifi | 28,352 | 1.75,876 | (151,484) | 52,744 | 187,023 | ||
| BroAaron Mydr | 7,339 | 68,480 | (58,294] | 17,525 | 65,416 | ||
| Glyn Aaron | [BroAaron (Coastal)] | 2,211 | 108,024 | (83,767) | 26,468 | 107,349 | |
| Bro Wyre | 3,603 | 60,080 | (47,530) | 16,153 | 45,288 | ||
| Abe rystwyth | 5,129 | 25S,618 | (203,963) | 59,784 | 257,471 | ||
| Bro Padarn | 6,954 | 139,495 | (135,819) | 10,630 | 135,864 | ||
| Larnpeter | 12,333 | 147,077 | (131,941) | 27,469 | 144,251 | ||
| Emlyn (Dyffryn | Telfl) | 15,726 | 114,487 | (99,524) | 30.689 | 112,380 | |
| TOTAL | 81,647 | 1,072,137 | (912,322} | 241,462 | 1,055,042 | ||
| CARMARTHEN | ARCHDEACONRY | ||||||
| Bro Dyfri | 2,848 | 126,541 | (126,925) | 2,464 | 131,671 | ||
| BroAman | 32,371 | 128,914 | (96,497) | 64,78S | 119,929 | ||
| Bro Lliedi | 13,645 | 176,367 | (135,918) | 54,094 | 176,120 | ||
| Bro Gwendraeth | 8,459 | 1D1,860 | (101,344) | 8,975 | 98,124 | ||
| Bro Glannau | Tywyn | 9,589 | 129,705 | (130,864) | 8,430 | 132,509 | |
| Bro Cydweli | 36,740 | 136,032 | (123,340) | 49,432 | 123,284 | ||
| Bro Dinefwr | (4,704) | 116,887 | (105,813) | 6,370 | 108,1S7 | ||
| 8ro Caerfyrd Bro Sancler |
din | 11,845 9059 |
160,549 103,442 |
(161,181) ~303.633 |
11213 10878 |
159,347 103995 |
|
| TOTAL | 1. .» |
4, 3,5053 |
216,644 | 1,153,166 | |||
| ARCHDEACONRY | TOTALS | ||||||
| ST DAVIDS ARCHDEACONRY | 223,420 | 1,277,165 | (1,062,087) | 438/98 | 1,303,610 | ||
| CARDIGAN ARCHDEACONRY CARMARTHEN ARCHDEACONRY |
81,647 119852 |
1,072,137 1.1 .» |
(912,322) ~3083.3 |
241,462 216,644 |
1,055,042 1153166 |
||
| DIOCESAN TOTAL | 424,919 | 3,529,599 | (3,057,914) | 866604 | 3511818 |
| m GIB IE e%LFls | |||||
|---|---|---|---|---|---|
| Freehold | Leasehold | 0%ca | |||
| Property | Premises | Equipment/ | Total | ||
| Restricted | (More Than | Furniture | & | ||
| 50Years) | Fittings | ||||
| Restatedf | Restated f |
||||
| FAIRVALUE | |||||
| At1January 2022 | 164,500 | 94,418 | 114,464 | 373,382 | |
| Additions | 7,116 | 3,000 | 10,116 | ||
| Disposals | (110,395) | (110,395) | |||
| At31December 2022 | 164,500 | 101,534 | 7,069 | 273,103 | |
| DEPRECIATION | |||||
| At 1January 2022 | 37,735 | 110,951 | 148,686 | ||
| Charge for Year | 3,387 | 2,006 | 5,393 | ||
| Charge on Disposals | (110,395) | (110,395) | |||
| At 31December 2022 | 41,122 | 2,562 | 43,684 | ||
| FAIR VALUE | |||||
| At31December 2022 | 164,500 | 60,412 | 4,507 | 229,419 | |
| At 1January 2022 | 164,500 | 56,683 | 3,512 | 224,695 |
| Fair Value is Represented by: |
||||||
|---|---|---|---|---|---|---|
| Freehold | Property | Leasehold | Office | |||
| Unrestricted | Restricted | Prembes | Equipment/ | Total | ||
| (More Than | Furniture | gr | ||||
| 50Years) f |
Fittings f |
|||||
| Cost/Valuation | 164,500 | 101,534 | 7,069 | 273,103 | ||
| 164,500 | 101,534 | 7,069 | 273,103 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Listed Investments | 4,572,766 | 5,944,357 | |||||
| Government | Securities and Fixed Interest | 733,535 | 1,002,898 | ||||
| Cash Held | on Deposit | 26,233 | 81889 | ||||
| 5,332,534 | |||||||
| 2022 | 2021 | ||||||
| Fair | Fair | ||||||
| Value | Value | ||||||
| Restated | Restated | ||||||
| 6 | 6 | 6 | E | ||||
| Investment | Properties - Unrestricted | Funds | 2,516,907 | 882,235 | 2,505,131 | 882,235 | |
| Investments | Investment | Total | |||||
| Properties | Investments | ||||||
| E | E | ||||||
| Restated | Restated | ||||||
| At 1)anuary | 7,129,724 | 2,505.131 | 9,634,855 | ||||
| Additions | 1,362,962 | 11,776 | 1,374,738 | ||||
| Disposals Unrealised Gains/(Losses) Cash movement Equilib rum Adjustment |
(2,156,716) (843,212) (156,236) ~8 |
(2,156,716) (843,212) (156,236) ~8988 |
|||||
| At 31December | 5,332,534 | 2,516.907 | 7849 441 |
| For | the Year Ended | 31December 202 | 2 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||||
| f | f | |||||||||
| Loans | 271,324 | 336,446 | ||||||||
| 271,324 | 336,446 | |||||||||
| LOANS ASAT31DECEMBER 2022 | Balance | Advance | Interest | Repaid | Balance | |||||
| 1)anuary | 31December | |||||||||
| Diocesan Loans: Retired Clergy ILSN Housing Loans |
2022f 16,171 |
2D22f | 2022 33 |
2022 ~432 |
2022 f 5449 |
|||||
| 16,171 | 310 | (11/32) | 5,049 | |||||||
| Provincial Housing Loans: Equity Linked |
320,275 | ~58 | 266,275 | |||||||
| Totals | 336,446 | 310 | (65,432) | 271,324 | ||||||
| Provincial and Clergy Housing |
Loans are | repayable | on death orsale ofproperty. | |||||||
| DEBTORS | 2022 f |
2021f | ||||||||
| Ministry Share Receivable | from Churches | (Less Provision) | 144,161 | 298,129 | ||||||
| Sundry Debtors and Prepayments | 183,782 | 243 988 | ||||||||
| 327,943 | 562,117 | |||||||||
| Total | 2022 | 2021 | 2020 | |||||||
| Ministry Share Receivable | as at 31/12/2022 | 1,041,347 | 727,381 | 192,458 | 121,508 | |||||
| Less Provision | -897,186 | |||||||||
| Total receivable | remaining | 144,161 | ||||||||
| CREDITORS DUE | WITHIN | ONE | YEAR | 2022 | 2021 | |||||
| f | ||||||||||
| Trade Creditors | 55,249 | |||||||||
| Restricted Trade | Creditors | 73,293 | 112,425 | |||||||
| Accruals | 193,880 | 178,410 | ||||||||
| Restricted Accruals | 10,636 | 8,496 | ||||||||
| Other Creditors | 549,502 | 674,168 | ||||||||
| Other Taxes and | Social Security | 9,607 | ||||||||
| Ministry Share Received | in | Advance | 144,748 | 22,714 | ||||||
| Restricted Funds |
Creditors | 622,429 | 418,184 | |||||||
| 1659344 | 1,414,397 | |||||||||
| rred Income | I | Sh | ||||||||
| Brought forward | 22,714 | 100,057 | ||||||||
| Received in the year | 3,582,054 | 3,511,818 | ||||||||
| Released Carried Forward |
(3,460,020)» 8 | -3,589,161 2231 |
| 22 | CREDITORS DUE MORE THAN ONE YEAR | CREDITORS DUE MORE THAN ONE YEAR | 2022f | 2021 f |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Due tothe Representative Body ofThe |
Church | in | Wales | 266,275 | 320,275 | ||||||||||
| Provincial Housing Loans are repayable |
on | death | orsale | ofproperty. | |||||||||||
| Amounts due to the Representative |
Body of | The | Church | In Wales | have | no specific repayment |
terms, | However, | repayment is |
||||||
| immediate on death or sale ofproperty. |
|||||||||||||||
| 23 | RESTRICTED CAPITAL PERMANENT ENDOWMENT |
FUND | 2022 | 2021 | |||||||||||
| f | f | ||||||||||||||
| Balance asat1January | 4,351,301 | 3,861,689 | |||||||||||||
| (Deficit)/Surplus forthe Year |
(1,140,080) | 43,741 | |||||||||||||
| Net Gain/(Loss) on Investments | 445,871 | ||||||||||||||
| Balance as at31December | 2,830,052 | 4,351,301 | |||||||||||||
| Represented by: |
|||||||||||||||
| Capital | 2,798,101 | 3,671,035 | |||||||||||||
| Inoome | 261,604 | 329,656 | |||||||||||||
| Unrealised Profit (Market Value less Cost) |
(229,655) | 350320 | |||||||||||||
| .0 2 | 4,351,301 | ||||||||||||||
| Endowment funds have been entailed over many |
years and relate in | the | main | to funds held on behalf | ofparishes. | ||||||||||
| Investment returns are released to the |
parishes, | where | applicable. | When | returns | are not released, | they are retained | by the Board | |||||||
| within this Fund. |
|||||||||||||||
| The Trustees have reference to legal advice provided | by | Carreg | Law, | solicitors; one of | the Board's legal | advisers. | |||||||||
| 2022 | 2021 | ||||||||||||||
| f | f | ||||||||||||||
| At 1January | 4,351,301 | 3,861,689 | |||||||||||||
| Capitalintroduced | 48 | 49,743 | |||||||||||||
| Trustlncome Received |
149,074 | 151,340 | |||||||||||||
| Payment ofTrust Income to Padishes etc. | (160,887) | (103,095) | |||||||||||||
| Capital Withdrawn | (1,097,726) | (18,652) | |||||||||||||
| Realised Gains | 89,282 | 614,380 | |||||||||||||
| Unrealised Gains/ (Losses) |
(470,451) | (168,509) | |||||||||||||
| Investment Managers and Administration |
Fees | (30,589) | (35,595) | ||||||||||||
| 2.330.052 | 4,351,301 |
| 1january | Movement | In Resources | In Resources | 31December | 31December | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 E |
Income Transfers 6 f |
Expenditure | 2022 E |
||||||
| Diocesan Ordinands | Fund | 59,316 | 1,320 | (5,541) | 55,095 | ||||
| Diocesan Endowed | Schools Fund | 790,632 | 31,713 | (35,690) | (100,504) | 686,151 | |||
| Spirituality Fund |
106,211 | 3,000 | 109,211 | ||||||
| Community Project |
Fund | 5,568 | 5,568 | ||||||
| Parsonage Board Fund |
834,191 | 257,376 | 429,613 | (596,134) | 925,046 | ||||
| Church Insurance Contingency |
Fund | 58,808 | (799) | 58,009 | |||||
| Church Repair Grant |
(Limited) | 118,084 | 62,500 | (17,790) | 162,794 | ||||
| Church Repair Grant |
(Unlimited) | 72,000 | 72,000 | ||||||
| Evangelism Fund |
131,892 | 91,972 | (109,604) | 114,260 | |||||
| 44 88 |
3 | 2 ~830» | 2. | 8134 |
| 1january | Movement | Movement | In Resources | 31December | ||||
|---|---|---|---|---|---|---|---|---|
| 2021 | Income f |
Transibm f |
EspendRure f |
2021f | ||||
| Diocesan Ordinands | Fund | 86,580 | 13,269 | (40,000) | (533) | 59,316 | ||
| Diocesan Endowed | Schools Fund | 38,157 | (35,000) | (19,385) | 790,632 | |||
| Splrltuagty Fund |
91,087 | 15,124 | 106,211 | |||||
| Community Project |
Fund | 5,568 | 5,568 | |||||
| Parsonage Board Fund |
781,403 | 831,367 | (35000) | (743579) | 834,191 | |||
| Church Insurance Contingency | Fund | 58,808 | 583$8 | |||||
| Church Repas. Grant | (Umlted) | 69,000 | 60,000 | (10,916) | 118,084 | |||
| Church Repair Grant | (unlimited) | 72,000 | 72.000 | |||||
| Evangegsm Fund |
133.329 153,773 535, 83SNI |
(155,210) 131,892 ~110000~929,624~a |
| 1)anuary | 1)anuary | Movement | Movement | in Resources | 31December | 31December | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | Income | Tran sliera | Expenditure | 2022 | ||||||
| 6 | f | f | f | f | ||||||
| Redundant Churches |
Fund | 22,587 | 22,587 | |||||||
| Bishop's Strategy for | Ministry Fund | 354,710 | (270,911) | 83,799 | ||||||
| Forth Archdeconry Fund |
135,251 | (50,317) | 84,934 | |||||||
| LMA Support and Development | 91,059 | (19,903) | 71,156 | |||||||
| Grants Fund | 1,377 | 74,442 | (18,144) | 57,675 | ||||||
| Penlan Farm Fund |
52,222 | 52,222 | ||||||||
| M HJones-Olszewski | Fund | 1,840,425 | 38,070 | (30,000) | (174,888) | 1,673,607 | ||||
| Children &Youth Mission Work Fund | 92,440 | 880 | 10,000 | (7,262) | 96,058 | |||||
| Pensions &Assistance | Fund | 3,255 | 35,8SO | (35,850) | 3,255 | |||||
| Safeguarding Fund Fundraising |
2 | 40,765 40 06 4 |
76 | 08 | ~(26.IIOB~27», | 40,765 51 6,1t0 |
||||
| 1)anuary | Movement | in Resources | 31December | |||||||
| 2021f | Income | Transfers 6 |
Fsgtendltum f |
2021f | ||||||
| Redundant Churches |
Fund | 22,587 | 22,587 | |||||||
| Bishop's Strategy for | Ministry Fund | 485,241 | 23 | (20,000) | (110,555) | 354,709 | ||||
| Penlan Farm Fund | 52,222 | 52,222 | ||||||||
| M HJones4Jlszewski | Fund | 1,713,871 | 231,579 | (82,015) | (23.009) | 1,840,426 | ||||
| Chgdren &Youth Mission Work Fund | 76,928 | 23 | 20,000 | (4,511) | 92.440 | |||||
| Pensions &Assistance | Fund | 3,255 | 24,300 | (24,300) | 3,255 | |||||
| Safeguarding Fund |
40,765 | 40,765 | ||||||||
| Fundraislng | 4D 1,004,0t0 |
255 | 025 | ~206.325 ~200 I |
40 ~2400 |
| 26 | GENERAL PURPOSES FUND | 2022f | 2021f | |||
|---|---|---|---|---|---|---|
| Balance asat 1)anuary | 6,234,940 | 5,658,918 | ||||
| Surplus/(Deficit) for the Year (after transfers) |
(573,310) | 436,084 | ||||
| Net (Loss)/Gain on Investments | (111,733) | 139,938 | ||||
| Properties introduced | ||||||
| Balance asat31December | 5.540.807 | |||||
| 27 | ANALYSIS OF NETASSETSBETWEEN FUNDS | |||||
| Restricted | ||||||
| Capital | ||||||
| Unrastdctad | Designated | Restricted | Endowment | Total | ||
| Fundsf | Fundsf | Fundsf | Fundsf | Funds f |
||
| Fund Balances at31December 2022 | ||||||
| are represented by: |
||||||
| Tangible Rxed Assets | 64,919 | 164400 | 229,419 | |||
| Investment Assets |
3.601,284 | 1,583490 | 96,121 | 2,56S,446 | 7,&49,441 | |
| Long Term Debtors | 271,324 | 271,324 | ||||
| Nat Current Assets | 1,878,645 | 602,519 | 1,927413 | 261,606 | 4,670,283 | |
| long Term Uabi&ties | (266,275) | (266,275) | ||||
| 5,549,897 | 2,186,109 | 2,188,134 | 2,830,052 | 12,754,192 | ||
| Capgal | ||||||
| Unrestricted | Designated | Endowment | Tolnl | |||
| Funds | Funds | Funds | Funds | |||
| 6 | f | f | ||||
| Fund Balances at31December 2021 | ||||||
| are represented by: |
||||||
| Tangible Fixed Assets | 60,195 | 164,500 | 224.695 | |||
| Investment Assets |
3,716,799 | 1,756,578 | 148,669 | 4,021,645 | 9,643,691 | |
| Long Term Debtors | 336,446 | 336W6 | ||||
| Net Current Assets | 2,440,774 | 649,866 | 1,863,534 | 329,656 | 5,283,830 | |
| Long Term Uabgltles | (320,275) | (320,275) | ||||
| 6233939 | 2S0~044 | 8176.702 | 4,3 .001 | 15.160,007 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Net income/(expenditure) | for the reporting | period (as per | |||
| the Statement ofFinancial Activities) | (2,415,195) | 1,221,237 | |||
| Adjustments for: | |||||
| Depreciation charges |
5,393 | 6,517 | |||
| Realised (gains)/losses | on investments | 666,D11 | (841,114) | ||
| Transfers to Investment | properties | 14,707 | |||
| Dividends, interest and |
rents from | investments | (563,275) | (479,699) | |
| Loss/(progt) on the sale offixed assets |
|||||
| (increase)/decrease In |
debtors | 299,296 | (28,645) | ||
| Increase/(decrease) in |
creditors | 190,946 | (195,993) | ||
| Donations received for |
Endowment | Fund | Assets | (48) | (49,742) |
| Net Cash provided by/(used in) operating activities |
~18 2 H | 367439 | |||
| Analysis ofcash and cash | equivalents | ||||
| Cash in hand | 6,001,684 | 6,137,110 | |||
| Short Term investments | |||||
| Cash held within investments |
26,233 | 182,469 | |||
| Total Cash and Cash Equivalents | 6,027,917 | 6,319,579 |
| No payments were made |
to Trustees | in respect oftheir duties as Trustees of | in respect oftheir duties as Trustees of | in respect oftheir duties as Trustees of | the Board. However, | payments | were made to8 (2021;5) | were made to8 (2021;5) |
|---|---|---|---|---|---|---|---|---|
| Trustees for other duties | amounting | to 618,849 | (2021:614,171). Payments | of 626,910(2021: | E25,391) | were paid to the Diocesan | ||
| Registrar. | ||||||||
| The amount outstanding |
to trustees at the year end was 616,428. | |||||||
| 2022 | 2021 | |||||||
| EMPLOYEES: | 6 | 6 | ||||||
| Staff Costs | ||||||||
| Gross Wages and Salades | 436,357 | 412,737 | ||||||
| Redundancycosts | ||||||||
| Employers Ni |
44,041 | 39,945 | ||||||
| Other Pension Costs | 60,044 | 56,822 | ||||||
| 540,442 | 509.504 | |||||||
| 2022 | 2021 | |||||||
| The number ofemployees | whose total | employee | benefits | |||||
| (excluding employers pension costs) purposes |
was asfollows: | |||||||
| E60,000 - 570,000 | ||||||||
| 2022 | 2021 | |||||||
| E | ||||||||
| The remuneration for Key |
Management | personnel | was | 208,019 | 200 | 458 | ||
| Average number ofpersons employed: | ||||||||
| Head Count | 15 | 13 | ||||||
| Full Time Equivalent | 15 |