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2022-12-31-accounts

CONTENTS Page
Trustees'
report		 1-5
Auditors
report to the Trustees		 6-8
Statement
of Financial
Activities
Balance Sheet 10-11
Statement
of Cashflow		 12
Notes to the Accounts 13-23
General
Fund Revenue Account		 24-26
Churches
Fund Revenue Account		 27
Property
Income Fund		 27
Bangor Hostel Fund 27
Pilgrim Church
Fund		 27
Transformation
Fund		 28
Diocesan Readers Fund Revenue Account 28
Parsonage
Board Revenue Account		 28
Education
Trust Fund Revenue Account		 29
Cathedral
Fund		 29
Widows,
Orphans
& Dependants		 Fund 30
Ruth Roberts Fund 30
Mrs BJM Smith Fund 30
SW Tanganyika
Fund		 31
Winifred
I Thomas
Fund		 31
Hope Street Fund 31
Archbishop
Rice Jones Fund		 32

We assessed the susceptibility
ofthe company's
financial statements
to material		 We assessed the susceptibility
ofthe company's
financial statements
to material		 misstatement, misstatement, including including obtaining obtaining an understanding an understanding an understanding
ofhow fraud might occur, by:
making
enquires
ofmanagement		 as to where they considered
there was susceptibility		 to fraud, their knowledge of actual,
suspected
and alleged fraud;
considering
the internal
controls		 in place to mitigate
risks offraud and		 non-compliance with laws and regulations; and
understanding
the design ofthe		 company's
remuneration
policies.
To address the risk offraud through
management
bias and override of controls,		 we:
performed
analytical
procedures		 to identify any unusual
or unexpected		 relationships;
tested journal entries to identify unusual
transactions;
assessed whether judgements and assumptions
made
in determining		 the accounting estimates were indicative of potential
bias; and
investigated
the rationale
behind
significant
or unusual
transactions.
In response to the risk of irregularities
and non-compliance
with laws and regulations,
we		 designed procedures which included, but
were not limited to:
agreeing
financial
statement
disclosures
to underlying
supporting
documentation;		 and
enquiring
ofmanagement
as to		 actual and potential
litigation
and claims.
Unrestricted Restricted Designated Endowment Total Funds Total Funds
Funds Funds Funds Funds 2022 2021
Note 6 6 6 6 6 6
INCOME
Donations
and legacies
Income from trading
activities		 19
19		 3,413,022 90,010
234,944		 3,503,032
234,944		 4,137,218
258,196
Income from charitable activities 19 463,898 463,898 383,299
investment
income		 19 93,835 90,184 16,120 200,139 170,271
Other incoming
resources		 19 580,988 74,300 655,288 2,700,631
Total income 4087 845 953 336 16120 5057 301 7 649615
EXPENDITURE
~//
ri
~IA
rivi i 6
Support for ministry 20 3,236,294 62,529 3,298,823 3,534,500
Supportfor
penshes		 20 190,571 152,274 342,845 315,907
Church
property
Grants and other financial
Communication
Mission Areas
Support costs charged to		 support
charitable		 activities 20
20
20
20
21		 135,467
255,747
54,707
5,971
65,999		 977,448
115,679		 1,112,915
371,426
54,707
5,971
65,999		 1,112,542
1,612,912
52,143
4,610
44.193
Investment
managers		 costs 17,215 12,631 29,846 30,823
Total expenditure 3,961 971 1 320 561 5282,532 6,707,630
Net income/(expenditure) 125,874 (367,225) 16,120 (225,231) 941,985
i
i
n'v
Realised
Unreali sad		 (56,508)
(447,394)		 (25,673)
100,128		 (44,484) (12,602) (82,181)
(404,352)		 (17,712)
457,058
~503902 2~ 455 ~44 484 ~42 602 ~486 533 439346
Transfers
between
funds		 15,403 (15,403)
Net movement
in funds		 (362,626) (308,173) (28,364) (12,602) (711,764) 1,381,331
Fund balances as at 1 January 2021 4,581,973 5,667,967 360,565 93,543 10,704,048 9,322,716
Fund balances as at 31 December 2022 4219346 5369791 332201 80941 9992279 10704048
Note 2022 2021
As restated
NON-CURRENT
ASSETS
Tangible fixed assets 1,778,194 1,811,257
Investment
properties		 1,784,543 1,683,753
Investments 4,785,749 5,035,276
8,348,486 8,530,286
CURRENT ASSETS
Debtors falling after more than one year 76,500 96,000
Debtors falling due within one year 1,380,566 1,671,329
Cash at bank snd in hand 1,297,885 1,447,215
NON CURRENT ASSETS 2,754,951 3,214,544
CREDITORS: amounts due within one year 7 (1,111,158) (885,281)
PROVISIONS 27 (175,500)
NET CURRENT ASSETS 1,643,793 2,173,763
NET ASSETS 0092 279 10704040
FUNDS
~rSrid~pn
S
General
Fund		 4,146,521 4,506,144
Churches
Fund		 60,071 59,473
Property
Income Fund		 12,754 16,355
QSSIIIMhkEugfjE
Bangor Hostel 332,201 360,565
ihahhBI~Fn
E
Pilgrim Church
Fund		 4,172 7,556
Transformation
Fund		 7,949
Diocesan Readers Fund 4,837 6,353
Parsonage
Board		 403,197 380,375
Education
Trust Fund		 3,006,838 2,926,840
Cathedral
Fund		 168,318 184,066
Widows, Orphans
&Dependants		 Fund 293,427 357,594
Ruth Roberts Fund 185,581 203,019
Mrs BJM Smith Fund 110,863 121,280
SW Tanganyika
Fund		 6,180 12,025
Hope Street Fund 1,171,366 1,460,910
Archbishop
Jones Fund		 5,012
~En gwm&~nF
i~n
Winifred
IThomas
Fund		 80,941 93,543
0 092270 10704 040

2022 2021
Note
Cash used in operating activities 22 (7,683) 1,754,644
Cash flows from investin activities
Interest Income 13,400 4,837
Dividend
Income		 197,849 166,115
Purchase
of investments		 (904,559) (166,525)
Proceeds from sale of investments 563,871 146,902
Purchase
offixed assets
Purchase
of investment		 properties (12,208) (2,377)
~1188DDD
Increase/(decrease)
in cash and cash equivalents		 in the year (149,330) 723,596
Cash and cash equivalents at the beginning ofthe year 1,447,215 723,618
Total cash and cash equivalents at the end ofthe year 1,297,885 1,447,215

NOTES TO THE ACCOUNTS NOTES TO THE ACCOUNTS
2022 2021
9 ADMINISTRATION
COSTS		 E E
Rates 1,432 1,306
Electncity &gas
Tetephone
Postage
Office cleaning
Insurance		 12,990
6,029
3,207
2,863
7,419		 5,698
14,940
4,183
1,836
7,339
Equipment
maintenance
end stationery
Equipment
Computer
equipment
and Iraining
Repairs
Bank charges
Professional
fees		 6,193
311
6,626
4,773
3,596
7,341		 5,292
46
8,496
2,463
3,730
5,192
Subsdiptions
Sundries		 1,677
409		 1,212
378
Travel expenses
Human Resources costs		 2,872
14,063		 1,054
6,164
Governance.
Members expenses
Audit and accountancy		 314
12,570		 11,400
Total administration costs ~sus
Auditors
remuneration		 was E6,000(2021:E6,000) and E5,400 (2021:E5,400) in relation to other services.
10STAFF COSTS
2022 2021
Salary expenses indude: E E
Salary costs
Employers
National
Pension costs		 Insurance 365,000
40,711		 385,731
44,373
64,748
Recrunment
cost		 8,817 1,377
The average
number		 ofstaff was es fogows 2022 2021
Admnistration 8 8
Funding
and pansh
Education		 support 1
4		 1
4
Parsonage
Board		 2 2
15 15
None ofthe trustees have been paid any remuneration or received any other benefits from their employment with the charity ora related entity.
There was 1 employee
(2021 - 1)whose employee		 benefits (excluding employer pension costs) exceeded E60,000. Pay band
E		 Number
of
employees
80,000 - 80,000

12 ANALYSIS OF NET 12 ANALYSIS OF NET ASSETS BETWEEN FUNDS ASSETS BETWEEN FUNDS ASSETS BETWEEN FUNDS ASSETS BETWEEN FUNDS ASSETS BETWEEN FUNDS (Sse Note 11) Irivestrnsnt Non4:anent Net Currant
Fixed Assets Investments Properties Assets Asseta Total
E & E E &
~n(09)~f(5(5
General
Fund		 1,778,194 2,302,921 509,303 76,500 (520,397) 4,146,521
Churches
Fund		 60,071 60,071
Property
Income Fund		 12,754 12,754
Bangor Hostel 330,209 1,992 332,201
895)09(BLII002
Pllgrim Church
Fund		 4,172 4,172
Transformation
Fund
Diocesan Readers Fund 4,837 4,837
Parsonage
Board		 403,197 403,197
Educational
Trust Fund		 1,311,853 1,275,240 419,745 3,006,838
Cathedral
Fund		 148,124 20,194 168,318
Widows, Orphans
&Dependents		 Fund 375,572 (82,145) 293,427
Ruth Roberts Fund 203,019 (17,438) 185,581
Mrs BJM Smith Fund 121,280 (10,417) 110,863
Hope Street Fund
SWTanganyiks
Fund		 1,171,368
6,180		 1,171,366
6,180
Archbishop
Rice Jones		 5,012 5,012
~nyE090LFF)
Wlnifred
I Thomas
Fund		 93,543 (12,602) 80,941
SM 52 76500 1 466521 9992279
13GRANTS RECEIVED
2022 2021
6 6
Restricted income
Personage
Board - Marshall		 charity 3,250 17,000
Hops Street 0
14FUTURE LEGACIE8
The board are unaware ofsny future legacies due to The St Asaph Diocesan Board ofFinance.
15TRANSACT)ONS WITH TRUSTEES
There were expenses reimbursed to 7 trustees dunng the year which totalled 615.380(2021 to 7trustees totaling 512,754).
16REPRESENTATIVE BODY BLOCK GRANT
The Block Grant from the Representative Body is allocated against the following expenditure;
2022 2021
E
Clergy Costs 42,122 435,905
Cathedral 38,000 38,000
Parsonage
Board		 230,000 192,000
Governing
Body Members
Diocesan Registrar		 expenses 25,931
27,185		 6,142
26,651

Unrestricted Restricted
Donations
and		 I
acies		 funds funds
8 E
Pansh Share
RBContrlbufion
RBBlock grant		 to DAC 2,988,480
8,333
363,238
Reimbursement of Hope Street expenditure
Legacies
DBFgrant
Donations		 47,421 15,000
33.535
Wrexhsm
(Pamchial)
Educational
foundation
Coronavirus
Job Retention Scheme grant		 5,551
Investment
donation		 41 475
mtr '
'''s		 3413022 90010
Rent received
RBre services		 taken by readers 234,744
200
In
fr		 arltable
arsiviti		 s
RB & Diocesan contribution 483,898
Dividends
Loan Interest		 91,612
976		 90.118
Bank interest 1,247
93835
Miscellaneous
All Churches
Trust Fund
RBcontribution
lo Churches
Fund
Legedes
Lfit pfopeny
Representative
Board Coronavirus
Property donations		 emergency funding 83,112
26,146
41,250
6,480
160,000
264,000		 3,247
Marshall
charity
Sundry receipts
Welsh Assembly		 Government 3,250
11,148
56,655
58DNs MO
20 ANALYSIS OF STATEM ENT OF FINANCIAL ACTIVITIES EXPENDITURE
Unrestricted Restricted
funds funds
E
Contributions
to Parsonage		 Board 463,898
Clergy Costs 2,056,298
Clergy Pension
Clerica Education 52,112
Council Tax 196,982
Removal Grants &Expenses 54,336
Other expenses 142,808 24,462
Allocation ofsupport costs See note 21 269,860 36,067
aLu'
Maintenance
of ministry		 14,584
Lrielong teaming 62,417
Renewal
&Parish Development		 5,646
Allocation ofsupport costs See note 21 107,944 152,274
txhhl~hPr
SEBT
Inspections 22,205
Other expenses 870
EIG schools 15,832
New buildingslextensionsfimprovements 535,196
Administrator
funding
Allocation of support costs See nore 21 107,944 152,274
Grants 3,601
Hope Street expenditure 274,146
35 977
3
Grants 226,761 26,300
Donations 33.713
Grants &gihs
Allocation ofsupport costs		 See note 21 26,986
577		 17,599
3S,067
~T
txgmlgtlnnggiLn
Communications
& publications		 27,721
Allocabon ofsuppon costs See note 21 26,986
7
Meetings
Vocational expenses
20/20 vision		 5,213
21 ANALYSIS OF SUPPORT COSTS
Support Costs Governance Total
E E E
Registrar's costs 27,185 27,185
Audit &Accountancy fess 12,570 12,570
Meeting expenses 26,244 26,244
Suppori for ministry
Suppon for parishe
Church
properly
Grants		 289,860
107,944
107,944
26,986		 269,860
107,944
107,944
26,986
Communication 26,986 26.986
539 2 5 05720
2022 2021
E
Net movement
in funds
Less: Investment
income shown
Realised/unrealised
investment		 within
gains		 investment activities (225,231)
(211,249)
2,885		 941,985
(170,952)
207,054
Add: depreciation
& impairment
Decrease/(Increase)
in Debtors
Increase/(Decrease)
in Creditors		 charges 45,271
310,263
70,377		 44,771
440,010
291,776
Net cash generated/(used)
in operating		 adivities

23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS 23AUDITORS ETHICAL STANDARDS
The relevant
circumstances
requiring
disdosurs
in accordance
chanses ofour size and nature, ws use our auditors to assist		 with the requirements
with the preparation
of		 ofAPB Ethical Standard - Provisions
the accounts.		 Available for Small Entities sre that, ln common with many
24 FINANCIAL INSTRUMENTS
2022 2021
E E
Canying
amount		 offinancial assets
Debt instruments measured at cost 1 380566 1671329
Canying
amount		 offinancial liabgitles
Measured
sl cost		 1 111158 865281
25 REMUNERATION
OF KEY		 PERBONNEL
2022 2021
E E
The remuneration
of ksy management
Aggregate
Compensation		 personnel isss follows: 26 N ~30
26 GRANT COMMITNIENTS
At the year-end,
the charity was commiled
to
and E132,749, to be paid hum the Coronavirus		 post year-end
Emergency		 grant contribuaons
Grant Fund.		 of E13,600to be paid from the Mission Area Administrator, E272,037lo be paid hom Partnership Fund
27PROVISIONS
2022 2021
E
Provision 175500
28 PRIOR YEAR AOJUSTMENT
The poor year balances have been amended to correct an analysis between funds relating to investments.
Previously
reported Adjustment As restated
E E E
Changes tc the beblnce sheet'
(egEagLSEMILs
Investments 5,035,276 5.035,276
Net assets 9322 716 9322716
General Fund
Education Trust Fund		 4,744,966
2,688,018		 (238,822)
238,822		 4,506,144
2,926,840
Totalfunds 9136,350 9,136350
THE STASAPH DIOCESAN BOARD OF FINANCE THE STASAPH DIOCESAN BOARD OF FINANCE THE STASAPH DIOCESAN BOARD OF FINANCE THE STASAPH DIOCESAN BOARD OF FINANCE
YEAR ENDED 31 DECEMBER 2022
GENERAL FUND
~INC
ME		 Note 2022f 2021
f.
Parish share 2,988,480 3,274,230
Dividends 91,612 95,541
Loan interest 976 3,569
Bank interest 1,247 575
Education Trust loan interest
Miscellaneous 83,112 1,564
RBcontribution
re DAC		 8,333 8,333
RBblock grant 16 363,238 698,698
Reimbursement
of Hope Street		 expenditure
Rev GO Owen Trust 5,551 5,297
Wrexham
(Parochial) Educational		 Foundation 47,421 59,587
RB Partnership
funding		 264,000 1,192,776
Coronavirus
Job Retention		 Scheme grant 26,747
Rental income, let personages 160,000 160,000
Property donations
QeriggLF. ggggiligJL
Donations
Bishops ordination
fund
Legacy G ERess Jones, isla Johnson 6,480 6,544
4,020,480 5,833,461
I
R
Mai te
I
Representative
Body clergy		 costs 2,056,298 2,132,566
Archdeacon
expenses		 16,360 13,308
Clergy pension
contributions		 342,581
Property
meeting expenses
Insurance,
Clergy
Council tax 197,886 202,451
Contribution
to Parsonage		 Board 463,898 383,299
Diocesan Advisory
Committee		 870 577
Transition
ministry		 8,956 7,986
Resource church
Clergy housing
loan interest
Miscellaneous 1,071 5,324
Churches
Emergency
Aid		 16,667 16,667
Mission Area consultant
Mission Area I20-20 vision 5,971 4,610
Church
Army		 45 3,717
Introduction
to Diocese		 342
Transition
Mentors
Contribution
to transformation		 fund
Safeguarding 400 1,200
Governance:
Governing		 Body meeting expenses 25,931 6,142
Registrar costs 27,185 26,651
2,821,880 3,147,079
Mini:~tx
enses
Readers 620 867
Mission Area Leaders expenses 19,146 13,844
Rural
ministry expenses		 11,131 6,477
Removals 54,336 49,495
Interregnum
fees		 882 230
Clergy supporl 894
Board of nominations 5,814
LGBTChaplaincy 300
87,009 77,027
Expenditure Carried Forward 2,908,889 3,224,108

GENERAL FUND (CONTINUED) GENERAL FUND (CONTINUED) GENERAL FUND (CONTINUED) GENERAL FUND (CONTINUED) GENERAL FUND (CONTINUED) Note 2022 2021
8
Expenditure Brought Forward 2,$08,889 3,224,106
ta{80ttortg~ion
Cathedral
Grant		 17 68,952 87,600
Social Engagement Grant 17 8,327 2,000
Coronavirus
Enabling		 Grants 17 17,775
Church Emergency Support Fund 17 101,000
Coronavirus
Finance Enabling		 Scheme 17 1,092,187
WODs Grant 17 15,000 15,000
Mission Area Administration Grants 17 58,200 70,900
Miscellaneous
Grants		 17 300
Youth Grant 17 1,900 650
Readers Grant 17 200
152,579 1,367,413
Administration
costs		 94,685 80,729
Depreciation 45,271 44,771
Stockbroker fees 17,215 17,827
Diocesan conference and meetings 3,435 2,615
Staff training 376 94
160,$82 146,038
gQiiicgQQ~RK8ee
Bishops funds 9,384 9,200
Bishops staff meeting expenses 655 334
Bishops Chaplain expenses 1,005 181
Episcopal expenses 245 269
11,28$ 9,984
i ce
o		 nses
Property
Inspections		 23,054 24,425
Faith Hope Love 73,515
Q~velo
igg		 96,669 24,425
Ordinands
training		 529 10
Ordinands
Robe allowances
G ERess Jones grants		 2,400 3,300
Steering group expenses
Training expenses &dergy conference 37,137 20,260
Living & learning/Exploring Faith
Training
officer costs
Ministry expenditure 514 85
Spirituality
and healing		 632 550
Ecumenism
Liturgy
Parish development
Vocations Selection 10,912 979
Discernment
costs
52,124 25,184
5urbuim
Youth
Children/schools
Bishop's visitors
Administration
College chaplaincy
Training Costs		 1,353
4,577
9,073
24,137
7,248
14,693		 4,199
2,500
7,601
44,985
10,237
425
Funding
and parish
Stewardship		 support 4,186
1,460		 3,225
20
Training together 351 72
67,078 73,264
Expenditure Carried Forward 3,44$,510 4,870,412

GENERAL FUND (CONTINUED) GENERAL FUND (CONTINUED) Note 2022 2021
E E
Expenditure Brought Forward 3,440,510 4,870,412
Communications 11,809 12,403
Printing
publications		 14,442 11,245
28,251 23,848
ioces
n Reor anis		 ion
Steering groups 23
23
~ANN
Steering group expenses 116 168
Evangelism
Hope &future
Evangalist
training
and expenses		 1,175 425
Engagement
officer		 1,013 1,248
Diocesan World Mission
Conferences 26
Ofienngs 328 178
General Resources 1,076
Church
&society		 999 207
4,707 2,252
Staff costs 10 468,580 408,229
Less: Administration
Parsonage
Board
Education
Trust		 contribution (41,820)
~1~,657		 (41,000)
~1~.356
(57,477) (58,350)
TOTAL EXPENDITURE 3,801,682 5,336,214
Surplus
I (deficit) for		 the year 128,868 197,247
Transfer from restricted funds 15,403 15,403
Fund balance as at 1 January 2022 4,506,144 4,313,369
Realised surplus
I(deficit) on investments		 (56,508) (21,712)
Unrealised
surplus I		 (deficit) on investments (447,394) 1,837
Fund balance as at 31 December 2022 4,146,513 4,808,144
CHURCHES FUND FUND REVENUE ACCOUNT Note 2022 2021
E
~N
All Churches Trust Fund 26,146 23,146
RBcontribution 41,250 42,500
67,396 65,646
gXPEN~IT
Grants 17 66,798 72,726
66,798 72,726
Surplus
/ (deficit) for the year		 598 (7,080)
Fund balance as at 1 January 2022 59,473 66,553
Unrealised
surplus		 / (deficit) on investments
Fund balance as at 31 December 2022 00071, 6$,473
PROPERTY INCOME FUND 2022 2021
E E
~II2I
Let property
~P~IT
Administrator funding
Grants 17 3,601 1,735
3,601 1,735
Surplus
/ (deficit) for the year		 (3,601) (1,735)
Fund balance asst 1 January 2022 16,355 18,090
Fund balance as at 31December 2022 22704, 10,300
BANGOR HOSTEL FUND 2022 2021
E
Dividends
received		 16,120
Unrealised
surplus		 / (deficit) on investments (44,484) 20,365
Fund balance as st 1 January 2022 360,565 340,200
Fund balance as at 31 December 2022 332,201 360,566
PILGRIM CHURCH FUND 2022 2021
E E
~IN
Bank interest
Sundry income 3,247 7,021
3,247 7,021
QXXPN~IT
QE
Miscellaneous 6,631 3,188
6,631 3,188
Surplus
/ (deficit) for		 the year (3,384) 3,833
Fund balance ss at 1 January 2022 7,556 3,723
Transfer
Fund balance		 asat 31December 2022 4172,
7,556
TRANSFORMATION FUND FUND Note 2022 2021
~IN
ME
Representative
Body		 contribution
Grants
Diocesan Contribution
Q(PEIEP)I~IT
Grants 17 7,949 25,985
Evangelism
7,949 25,985
Surplus
I (deficit) for		 the year (7,949) (25,985)
Fund balance as at 1 January 2022 7,949 33,934
Transfer
Fund balance as at 31December 2022 7,949
DIOCESAN READERS FUND REVENUE ACCOUNT 2022 2021
DBF grant
RB re services taken by readers 200
Bank interest 10
210
~EP
NOIT
RE
Conference 563
Administration 594 210
Miscellaneous 169 72
Robes - new readers 400
1,726 282
Surplus
I (deficit) for		 the year (1,516) (281)
Fund balance as at 1 January 2022 6,353 6,634
Fund balance as at 31 December 2022 4,837 6,383
PARSONAGE
BOARD REVENUE ACCOUNT		 2022 2021
E K
~l
Diocesan contribution 463,898 383,299
Marshall
Charity		 13 3,250 17,000
Rent 203,728 237,325
Interest received on improvement
fund		 11,110 679
681,986 638,303
~P
~IT
g
Repairs &improvements		 - net of reimbursements 432,991 423,713
Administration
contribution		 (General Fund) 42,674 41,740
Rent received to property fund 160,000 160,000
Insurance 23,499 22,416
Staff
659,164 647,869
Surplus
r (deficit) for		 the year 22,822 (9,566)
Fund balance as at 1 January 2022 380,375 389,941
Fund balance as at 31 December 2022 403,197 380,375

EDUCATION TRUST FUND REVENUE ACCOUNT EDUCATION TRUST FUND REVENUE ACCOUNT EDUCATION TRUST FUND REVENUE ACCOUNT EDUCATION TRUST FUND REVENUE ACCOUNT Note 2022 2021
E
~l
Investment
income		 53,600 54,110
Bank interest 27 10
Rents 31,011 20,866
Miscellaneous
- including		 proceeds from sale offormer schools 38 5,989
Welsh Assembly
Government		 56,655 63,412
Property donations 1,180,000
Investment
donations		 41,475
Q~Ph)~R 182,808 1,324,387
Schools:
New buildings
/ extensions
/ improvements
Planning
&professional
fees		 102,205
9,194		 33,303
1,450
Administration
contribution		 to General Fund
Stockbroker fees 9,344 9,439
WAG Cap Fund 139,119 66,816
Miscellaneous
EIGSchools		 21,721
15,832		 31,192
14,664
Total expenditure 297,415 156,864
Surplus
/ (deficit) for the		 year (114,609) 1,167,523
Fund balance as at 1 January 2022 2,926,840 1,405,999
Realised surplus
/ (deficit)		 on investments (17,638) 2,877
Unrealised
surplus
/ (deficit) on investments		 212,245 350,441
Fund balance as at 31 December 2022 3,005,838 2,926,840
CATHEDRAI. FUND 2022 2021
6
~IN
Dividends
Bank interest		 5,035
1		 4,436
5,036 4,436
+~PEN
ITI7IR,
Dean &Chapter
Stockbroker fees 1,221 1,224
Transfer of custodian
trustee funds to		 Cathedral
Bank charges 73 73
1,294 1,297
Surplus
/ (deficit) for the		 year 3,742 3,139
Fund balance as at 1 January 2022 184,066 167,989
Realised surplus
/ (deficit)		 on investments (7,864)
Unrealised
surplus
/ (deficit) on investments		 (11,626) 12,938
Fund balance as at 31 December 2022 168,318 184,066
WIDOWS, ORPHANS 8 DEPENDANTS FUND Note 2022 2021
6
~l
Grant from Diocesan Board of Finance 15,000 15,000
Investment
income		 15,650 12,028
Donations 300 1,400
Corwen college pension charity
Bank interest 20
Miscellaneous
Legacies 3,590
30,970 32,020
eXXPNOIT
~E
Church
in Wales W0 D		 Society 26,300 23,500
Grants and gifts 17 9,650 11,550
Miscellaneous 146 123
Stockbrokerfees 2,066 2,333
38,162 37,506
Surplus
/ (deficit) for the		 year (7,192) (5,486)
Fund balance as at 1 January 2022 357,594 316,250
Realised
surplus
/ (deficit) on investments		 (171) 1,123
Unrealised
surplus
/ (deficit) on investments		 (56,804) 45,707
Transfer
Fund balance as at 31 December 2022 293,427 357,594
RUTH ROBERTS FUND 2022 2021
6 E
~IN
M
Dividends
received		 9,911
Fund balance as at 1 January 2022 203,019 190,498
Unrealised
surplus
/ (deficit) on investments		 (27,349) 12,521
Fund balance as at31December 2022 186,581 203,019
MRS BJM SMITH FUND 2022 2021
~l E
Dividends
received		 5,921
Fund balance as at 1 January 2022 121,280 113,800
Unrealised
surplus
/ (deficit) on investments		 (16,338) 7,480
Fund balance as at 31 December 2022 110,863 121,280
SW TANGANYIKA FUND FUND Note 2022 2021
Jill E E
DBF Grant
Donations 28,223 44,336
Bank interest received 9 1
28,232 44,337
QLPP3ITl7RE
Travelling
expenses		 (318)
Bank charges 364
Donations 33,713 41,617
Miscellaneous
expenses		 1,850
34,077 43,493
Surplus
/ (deficit) for the		 year (5,845) 844
Fund balance as at 1 January 2022 12,025 11,181
Fund balance as at 31 December 2022
WINIFRED
I THOMAS FUND		 2022 2021
K E
Fund balance as at 1 January 2022 93,543 87,774
Unrealised
surplus		 / (deficit) on investments (12,602) 5,769
Fund balance as at 31 December 2022 80,941 93,543
HOPE STREETFUND 2022 2021
6
~IN
Grant
Rental income
~XP
~IT RE
Travelling
expenses
Legal fees 1,360
Advertising
Water rates 1,275 469
Insurance 3,699 2,970
Operations
manager
Building works 25,085 174,375
Stipend
Nl and pension		 99,541 97,217
Grants redistributed 17 144,546 104,082
274,146 380,473
Surplus
/ (defiicit) for the		 year (274,141) (380,468)
Transfer to unrestricted fund (15,403) (15,403)
Fund balance as at 1 January 2022 1,460,910 1,856,781
Fund balance as at 31 December 2022 1171355 1 4a0 sto