##
|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|