2023-12-31-accounts

Company number 00188626 Charity number 233140 THE ST ASAPH DIOCESAN BOARD OF FINANCE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

THE ST ASAPH DIOCESAN BOARD OF FINANCE CONTENTS Trustees, report Page Auditors report lo the Trustees Statement of Financial Activities Balance Sheet 9-10 Statement of Cashflow Notes to the Accounts 12-22 General Fund Revenue Account 23-25 Churches Fund Revènue Account 26 Property Income Fund 26 Bangor Hostèl Fund 26 Pilgrim Church Fund 27 Transformation Fund 27 Diocesan Readers Fund Revenue AC￿Unt 27 Parsonage Board Revenue Account 28 Education Trust Fund Revenue Account 28 Cathedral Fund 29 Widows. Orphans & Dep8ndanls Fund 29 Ruth Roberts Fund 30 Mrs BJM Smith Fund 30 SW Tanganwka Fund 30 Winifred l Thomas Fund 31 Hope Street Fund 31 Archbishop Rice Jones Fund 31 Structural Resilience Fund 32

THE ST A￿PH DV)cES￿l￿OARD CffjF*WK YEAR Etr4VEO JI DEtEfiEER TRU TrwGL

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rME ST A￿p￿r￿￿£s411 8OAfiDOF FIi•JICE YEAR EfiuED JI OECEMBER2023 TRUSTEES REpopr ua I1s/u￿4-

THE ST ASAPH DIOCESAN BOARD OF FINANCE YEAR ENDED 31 0E¢EM8ER 2023 INDEPENDENT AUDrroRS REPORT TO THE TRUSTEES OF THE ST ASAPH DIOCESAN BOARD OF FINANCE Oplnlon We have audited th& fi￿￿al SIatwn￿ls ¢1 St Asaph Dkxesan Bow¢ ol Financa Id'chanty'l for the yeJr 31 December 2023. wh￿h cornprise Ihe statement ol athvdies. ihe babrKe sheel. the stalen￿1 ol cash IIow$ 8nd th& ￿lIeS its I n8ntial stat￿￿ents. Indudiry a SLbmmary of ggnrftani 8c(thJnbn9 wkaes The finanual reFxybng Iramthycrfk Ihal has been applied in thwr preparation ￿ apr1￿￿8 l United Accwntw Sts￿￿￿5. ￿￿L￿aIr￿j RèkY)rting Standard 102 The Finandal Rep(wtiw Slwdard apr4￿6 m Ihe UK Rew1￿￿ of Irdand Iurwled KIrWJd￿n G￿valty Accept￿ Accounting Proc￿1. In our o￿nh)n. thè flnBnci•l #tst•rnnls'. give a twe and falr of the st810 d the thaitatkn olf•"rs as at 31 Da¢￿ts 2023 of hs in¢4)mi have tse￿ pr(wiy ryepar&J ￿ acccKdance bth Unii&Y Kin￿￿ G•￿aNY A¢¢¢pled Acoxmlng Practsca.. and h•ve bmn prepared in aCccrfd8￿8 th8 wlrÉmts of the CcrtrParb￿ Act 2W6. 8a•l# lor oplnlon We conducted autht Int•nathThl Stwdwds IVKI IISA8 IUKI) iCa￿e ￿. Our respon&bilillos Ih05e slandwds we fvrther da8cnW In A￿lit0￿S resp￿5￿)11rtle5 for Ihe 8udil ol Ihe acrxJuni$ $èthK>n of our report. We ar• indepkI￿¢ of the chairfy ￿ JrcrydarKe Mlh Ihe elh￿4 requirements Ihat are r￿e¥￿t to twr audll of Ihe accwnls in the UK. ind￿ng Ihe FRC'S El￿ St￿￿￿. we have hjffiw (xjr olhw eth1￿1 responslbllMe8 In accordancè wilh th￿ requ1r￿￿¢S We bdieve th81 Ihe ovKlthK¢ wt have (lained Is suffioani and 8pprowaie lo WOVKJe a b05is lor cur o￿nIOn. Conelu•l•n• r•l•tlng to qolng corK•m In audiling the fin￿¢JaI Slatem￿ls, ¥ve hav• o)n¢hthd ttwl Ihe trustws w ol th& gokno b•$s ol #cwuntlng In Ihe preparat￿n of the financial Sta¢￿￿1S apwoKwte. eased on Ihe wor we havt porforM￿. we have Tr)1 KlwllfiJ any materfal UnC￿an￿¢S rd•tmg to events or cond￿10n8 that. IndivKlually or ￿lIe¢liVely. may casl dtyjbl eli IhÈ tha￿$ alylty lo ¢￿tynUe as a wng conewn of ai le8st elve ￿￿￿th8 from then Ihe stalemeThls we lot issue. Our laspons1￿li¢los and Ihe respcffiskn"lrties of the Uusiaes wilh r¢sped to are do8¢￿1 tho rok•vant J•clirms ol Ih15 report. Oth•r Informitlon The 0￿er Inlornallon comprises Iht Inl(mI￿ indwl•Y tho nual repcrfi Olher than the fM8n¢4 s¢ateAnent¥ and our audilorfs rep)rt Iher8on. Tht Iru$tse5 are responsible Ihe crther n11cm￿1th hin Ihe arnu81 r8p)rf. Our0￿nN)n on Ihe fin8nci81 s181￿￿¢S ¢%xs not cover the olher fftf(xmalw and. except lo the exltrii OlheTh&ise eX￿1￿11Y slal&l in wr report. we (Jo nol expre55 any fomi of assurance cMdvsR)n Iherety). Our responsiblty 15 10 re the other Inlorrnatr)n and. in doivJ so. considèr whdh9r Ihe other Intormallon Is materially Inc¢)n5151wl vAlh the hnano ￿￿eM￿S trimjr kn￿￿￿1ge oblair￿d In the course of the audit. or Olherw5e appears to be malen811y mis$iatY If we KI￿lity such rnalwal Incon$1￿￿e$ or 8FV8reni material mi551aletnent5. we are required lo ￿et￿me whet￿r Ihis gives nse 10 a maierial n¥ssIatrr￿I in the fin￿￿al slal￿entS Ihemsdves. If. b88ed ty) th8 work v49 have perfwm•J. 6 Ihat th￿ is ¥ malwial rrmss1atwb￿¢ ot othw mfcrfmakn. we èrt ftywir￿l to ryrt that f8Ct. We havt nothiro lo report ￿ thL8 regwd. Oplnions on oth•r m•¢l•rn w••¢rlb•d by th• Companl•s Acl 2006 In our opnion. based ￿ Iheth und￿taken in ¢he course of our ￿thI". the nfom8tv)n given in Ihe trustee5 repct. ffldudes wep3rexl for Ihe ol¢cffip8ny law. for the finanual year for wttich Ihe financial stsietnents we wepar&l is cl￿￿$1￿ ￿th Ihe fmanoal s￿lements.. and Ihe direclors. repcrft ind%xt*l within Ihe trustees fqKXt has been Fryar￿ m ￿e0rdance a￿ltable legal rwurrements.

THE ST ASAPH DIOCESAN BOARO OF FINANCE YEAR ENDED 31 DECEMBER 2023 INDepENDENT AuD￿ORs RepoRT TO THE TRUSTEES OF THE ST ASAPH OIOCESAN BOARD OF FIPIANCE Mattèrs on which w• are rooulrod to r•port by 8XCOPtlon In the I￿h1 of the knowledg& and underStaT￿ing 01 the Chanty arml it5 Qn¥¥oThn￿i￿¥￿ in the COL¥sèof Ihe audit, have not Klenbfd merial misstaternent5 ￿ the ¢J&tor¥ rry(xt Iht Iruslees reF#M. We have rK)Ihiw 10 rtsptrt rgyct ol the fcknr¥J rnattevs in rd•t#Jn to Cornpw￿ Ath 2￿ rwlrfras ￿ 10 rewrt lo you Il, in our o￿nth.. dwuale accowling rnojds have ￿1 be￿ kept. IY f8twns ad•]uale lor ha￿ ratav￿ Irom branch I visited by us, or Ihe financol Statem￿1$ nat ￿ arye¢MneN Trmth Ih? x¢￿￿￿1Vj rwds rum5,' or Certain discbsures ol trusis' refflureralKffi sF4cjf￿j by lw are ￿1 made.. w6 have rK>t receiv&1 * Ihe InlthfmaivM atKI exlknnats￿S iwire ouf wdii.. th• trustees were rK>I to prepafe Iht fi￿rial slalwwis in csJrdarKe W the smal conpon￿5 and take Yvanlage of the smal (xxmpan￿S. IwrvvJ the trust•8s rewt arky from the reqwrnenl lo prepare a Slralggic rewt. R•%poniibllitl•¥ ¢)f Tiy¥lM• As explained m(e lU￿Y In ihe 5talfmfml ol tNstaes rewsl)liie5. lh• Tfusiéas. tVJ the of Ihe cha￿tY for lh8 wrpose of ccffipany Law. are responsth for ¢he yeparat￿ ol Ihè Iinanoai Sta1￿￿ts and lor 58listi￿ Ihai tt)8y give a true and law ¥1 are free from m&er141 rn1s$iaiemeni. whethw (Aje lo Irathy or errty. to i%sue an rep)rt Ihai Indude5 our Reasenatse assvrgnce Is hJh ltrvel ol assuwce. Iwl Is noi a gU8ranieè Ihai an coTrJua•J ￿ accordartt ISAS IUKI will aiwjys deleu a maièrial ml551a1￿eni V4hen n eNsts. Misstsiernent5 can ar￿ 1￿M cy and we conswjeréd rnaleAbal If. Individually or In the aggr8gaie. ih6y twkl r•JstywIYy 10 Ihe ec4x￿ ¢Jac4s1￿$ of u5vs laken M Ihe b8$ 01 Ih85e finandal statements I￿egUlarit￿s. l￿dIng fraLKI. are msi)ces of r￿￿¢￿￿p1kAr￿e wllh laws ano tegulalions. We design procedures in linè Mlh our respty)sibili11è5, Lxjllined atx)ve. to deieth maiefol Mi%￿aler￿ent5 in resped ol lrrèju1ant￿. tra￿1. The exlwl to whith our pr￿£[1u￿e5 are Capab￿ of deitttsty frwj. ts delathl th)w. Our appr03th lo ￿en￿￿Tra assessiw the nsk5 01 nwsst8iwI in respect ol irr&aUL¥rt￿. i￿("￿ fraud and non. complianee wrfb la%Ys and regulalKJns. was as Whyws." tho ￿agement partner ensw•Y Ih81 th• eng￿9￿1 team hwj the capa1￿1￿0￿$ and skills 10 Idenknfy or recowise nw.c¢Wnce with akwicable and r￿￿#1￿5. we Klenufied the laws and wuktsons to the CL¥npany ¢l¥owJh dWJss￿S W &recKs ar￿ other rnanagem8nt." we focused specific Lkn8 and re9ulalKh4S rnay have a mai￿al ettecl ￿ the slalwwis or Ihe operakn coiipany. Ihe ConVn￿ AfA 2(￿. laxatw b)Isl8lioti and ?￿p￿Yment 189igalK)n'. we ass￿$1 th8 ext￿¢ d o)mK)ct the bws and Kknlified 8b)¥e thrO￿￿h wuire5 of mana9efTth and inspecting legal c(Kresruthce". a ideniild laws rewlaik>lS were ilhin Ihe KIit lean rewiqrty Ihe tearn rernal￿ alert 10 inst3nc85 of non-compbance Ihro￿Jh the a￿11

THE ST ASAPH DIOCESAN BOARD OF FINANCE YEAR ENDED 31 DECEMBER 2023 INDEPENDENT AUD￿oR5 REPORT TO THE TRUSTEES OF THE ST ASAPH DIOCESAN BOARD OF FTr4ANCE We 8s$essed Ihe 5usceptiNIty of Ihe cr￿panY￿ firorKo1 s￿l￿￿ts lo mwial rnls5ts1wn8nl. ir￿￿￿1￿ cOlrtrMJ an undefslandlr ol ho%v muhl occur. by." makiw ewL¥es of m8nagem•rrt as tO7here thty cA)n8K￿ Ihtrtwas sust¥knt￿ tr Ihw kn¢￿jOe tsf Xlu)l. Suspected and alw fraL￿.. consklering Ihe inlemal coro& in rAace to rrMIKJate r￿S ol law5 and fegulatrc￿s.' and derslandiry Ihe deyjn ol the remmwaiKJn F<4i8S. To address the risk ol tr8l￿ Ihrow managem￿1 ts"8s ov•rTidè ol (thlr¢l&. i.' performed anawcal prc¢&Ywes lo ithlify any unusual crf unexpec1￿ relaivJWIiF6". 18sled iwrnal eninés lo identify L￿￿￿131 trsaC1￿$. assess￿ th￿h•r N￿ments 8ThJ aS$th)￿K)n$ made in d¢tWTninir¥a thejcrountry eslimale5 ￿re indicative of polwlial 'as. ar In re5porise lo Ihe risk ol )d lty￿1k)r. wo d•S1w￿ proc•thJros ¥Yhth Ind￿0￿. bul not lh))i1￿ lo". 8gre8ing finJrKKl sla1•n￿t to SLWPNtiry ¢¢)jmentsl￿." •nwidw of manapmtt 8S to •)d went￿1 I￿9•1￿)￿ •¥J thKn$. There are Snher8nl1init8frons woGthres above. Th• rrKm rernotsed that lthvs and rtyulalons afa frc)) finan￿￿1 transaclions. the less ldy 41 is th81 wJhJ awar• of nofvc£fflphanc8 ￿￿{lit￿1g 5tandard5 also lrnil the aud prrK•duros required io 1d8niify wilh Iw r•A￿l￿5 to wm4￿yOf Ihe thr￿tr￿s8￿￿ mantyament aThJ the hsp¢ction ol regulalcry 8nd legal CO￿0¥1)￿J￿￿. rf any. Matfjrill rrdj¥tsI￿W1S IhBI to Ir8thJ can ba hardw lo d8tl th•n Iho1• #W from trror a5 they ￿Y Invc4ve dellberale eoncaalmeni or A lurther descrtpb'on of our rewtsl1l￿ f¢r •wlil ol the stat￿￿1$ is bcated on the FInaKI￿ Rewtlng Counafs webt •t.. http.,IA4w.Irc.org.￿S￿Ic￿￿J1kn. TIw'8 t1esuy)n f￿$ yrt olru Ju(t￿5 rryorf. Chrhtoph•r Morgan ACA IS•nlor Stotutory Audiiwl lor and on behall ol Say & Company Bu•ln•¥• Advlsorn Ltd Chart•r•d Accountants statut¢￿ Audllor 102 Bow•n Court St Asaph Busln•%s Park Oenblghslr• LL17 OJE Da z915l￿2j+ Sage 8 Compwy Busr88 ￿V￿or$ Ltd is for ap￿tr￿ent a5 of ¥lrlue ol ts ￿tsy1t￿lIty lor aFpolnlmwl as a￿#￿Or Of a coftwany of 1212 01 Iho cornp￿￿ Ac* 2(Th. Put

THE ST ASAPH DttESM BOJID OF FWAIICE YEAR ENDED JI OECEklBER 2023 STATEMENT OF FINAMCIIL ACIIfftS IWCLWNG ITrXOI•E AIKJ EXPElIt¥TLIIE KCIXWD 2O2J 202? IN¢041E Don8￿￿$a￿ ¢¢rne IFOM liadw me ITOM cha￿a￿kn In￿sli￿ant Otrrincotllln9 19 19 19 19 19 3hSS.856 215 273. 4￿>.)81 81,4)7 1>1.570 4.321.071 273. I￿.187 I96,￿2 375,£￿6 3.3D3,032 234,944 463.898 ,139 655,288 J.397 245.(X 1S.498 Tothi in¢cm• EXPENDITiE &Jpwn for pwrt ￿ p￿Sh 3.344.682 162.636 J,44S.756 324.031 1.280.083 717. 55.232 6.361 e6,370 29,12 ),298A23 342.845 149.435 1.119.741 288.461 s5.￿2 6.361 .370 16M6 C4mmuty¢ÈtsoD 371.426 54.707 5,971 6S,9B9 29,846 Inwslni•nt 12.4J3 {1￿.014) 3.7 12M.7MI {225.2311 14. 9.516 31.104 23.976 126.018 8J27 1404.3S21 TMn•l•rn 15A03 {15.40JI 12,•J7 1IH1371 111&7741 1711.714 4.242.426 5.343 959 324.953 ,941 9.992.279 10.704.018 Fw¢ M1 31 D*t•mt•7 ZQ25 JJ7

The ST ASAPH OWE$￿ BOJID OF F4AJ4CE YEAR EP4DED 31 DECEM8ER 2023 8WCE SHEET rgststgd 2022 2023 NON4URRENT ASSETS Tangible fixed assets knveslmem wopeths ve¥lmenls 1.742.5 1.747.973 4.958.731 1.778.194 1.784.Y3 4.7￿.749 8.449240 8.348.486 CURRE14T ASSETS DetA￿ fallin9 aftermore thon D&btcrfs lalliny dUBWilh￿ crn )ar Cash al bank ha 76.￿0 I.3￿.566 1.744.83S 1.055.128 1.989.327 2.726.455 3.201.W1 CREL¥foRS.' ame￿￿tr dWTrwl￿D(fftlIr 11.SW1081 NET CURRENT ASSET5 1 428.265 1.643.793 NET ASSETS 9 875 50S 9 102 279 FUNDS nr GenEral Fun 4.17T.994 ur(th5 Fur 11 65.416 .071 12.754 Bangor Hosw 11 324953 F￿￿￿M Church 11 4.172 Ti8nsfoTrnaiion Fuid 11 Ci(rosyn Readers FuThJ 11 4.155 4.837 11 6.581 403.197 EdLKatson TN51 FUTh 11 2.874.￿7 3.006. Calhedral 176.645 168.318 WNknts. ch￿On5 & De[￿￿$ FurNI 312.1 293.427 Ruth Rts￿rts Fu￿J 184. 175.670 MTS Smiih Fund 108.(K11 104.942 SW Tayrwka Fw 6.1 Fknpe Slreel FuTrJ 1.171.386 A￿h￿shOp Fund 2.$18 5.012 sIn￿lU[al ResI1￿r￿ FLid 276.079 w1nrf￿￿ l Thotnas FuThY 11 80,941 rhecomwy en￿tle￿ to ltre exernpt￿n thp rwlrynert Sckn 4TT ofthe XXK. forts >*are￿￿d 31 Detembvr 20Z3. allhoJ￿ an h35 been OLI Secb[￿ 144￿the Ch￿treS Aci 2011 Nts m8mb8rol c¢¥np¥ryhas deFrtISit£d a

The Truses respontslitsS lot£W that clwty 1e¢psaec4)w￿rVY ofts Aciand far preparing atrounls %thich give a IrLe fair tsfaffaits (4 crynparyas aitrentroftsfinawl year ol its mynin9 resources 8fKI applicabor) ol res￿[c¢s. Indutsiry Its In¢(xp and expwai￿YÈ. f(thÈ fina￿1 a¢￿￿ar￿e wth rgwirem8Ms of seciKwlS 394 395 Oihewsecornply ￿th Nuirtrtwts ol the CornpaTreskt ￿i$. so faraSap￿￿a￿é ts the cwny. ¢r Sam ￿11￿ Chalr company regiBtyatson No= Chartty r￿stratIty) No". el IslzL 00188626 233140 P¥e io

THE ST ASAPH DIOCESAN BOARD OF FINANCE YEAR ENDED 31 DECEMBER 2023 STATEMENT OF CASHFLOW As restated 2022 2023 Note Cash usèd In operatlng ac￿¥stIo$ 22 1330,7691 19.212 ash Ilows from investi Interest Income Oividend Income Purchase of investments Proceed5 from sale of investments Purchase of fixed assets Purchase of investment properties activities 8.785 187,718 1622,0261 611.314 19,5291 13.400 197.849 1904.5591 563,871 112.2081 Increa5elldecrgasel in cosh and cèsh equivab8nt$ in Ihe year 1155,5081 {122.4351 Cash and cash 8quivalenl8 al the beginning of the year 1.744,835 1,867,270 Total cash and Cash •qulval•nts at th• •nd of tho year 1,589,327 1.744.835

TME ST ASIfrHLYOCESAN BO•ADCffj FIkI￿E YW E￿ED JI DE¢EPABE112013 110IÈ$ To T￿AcC￿￿T$ I A¢¢tyJIITWts Ibl Piowty I9)F￿ bylh•&Wty J)J3* Fl¥lU￿5} P4r12

THE ST AWH DItsCE5• BQARDf FKWICE YEIEIthD 31 DECEIMiR2￿J NOTE8 ToTHE￿Coll￿ GWLI 11194ilG 2 IIET MCOMEIIEXPEt￿1UR￿I 4J272 J TlIQ￿L￿vIXE0WET3 ToLIl 71.JSJ EPRE IgTXQO 3B.i ii.y8 1.tss t?4.460 ChAr YJ Ji D•bw￿$ INVE$TMEMT pBopEma Fw Truxl 131MI) PVAtrJitJi fwth102S Vrylj

THE $T ASHDIOC£SNII Ba4lDLFFWJICE ENOED 31 DE¢ÈMÈEA2013 IDTE$ ro J IiivesTMENT¥ Fund Trt IirKryi¥aue3t 1 Jw202J 23y2912 313A72 1)1lJ 1•7.$1S IlT2.04n 14B.12 53 28%T25 .37 d.Q2fj 88.TSi )J7e &178 6 DEBTOR5 OJ 45.wo sh￿e SVo419anl 149.314 2U6.589 639.119 21E.FOD 243.432 I CNEDtroRS X23 ru4 zi 31.68 31.459 44.637 11.020 SIP¥ulG￿¥e￿¢r•Ycl J&877 1&3.fA1 e EmfiTranuilCburth Daccthett 4Q.525 IW.970 1ZQO48 &CORPORATIth TAX

ENDED JI DECEPIBEA2•2J 242) 2412 O AOMINLITRAT￿C￿T8 2ffj2Y 17.9 32QT 2.063 ts.914 6.193 J.J¢J 12DS• 40 2Mr2 140D3 2.J75 $tt 12J70 IS 2021 lQ3.692 J9.77• P•nithGDIIJ 242) drtArol PWbW0 rls

ThEST As￿ 0￿cES&¥80￿￿DL￿ FIJICE YEAR ENDEO JI OÉCEMBER 1•23 MOTESTOTHE•¢¢lYJlnS 11 FUNDSI5HM¢l• 121 )1 DK•Trb 4.IWO• 71 14A)J4.o¥J) Cnuiitt05 FUTh1 15,40J .IP7.994 4342.416 1S.40S 1255.363 337 J37.OZQ 111.1581 8J21 10>)1 y.eao 4A)? •)5.197 Jm6 1fj631 2tsJ.427 17SffjFO ILMg4P 1.171 11.02Ji V93.14B IJJ839TI y¥syJ Jfje.sBI 2014.361 170.645 F￿r￿1 s.y>i 4279 14J.Wl R￿AL￿rt Ftyia Ws8JklSThth Fund 5.13J (5.0921 (26Z13BI 124.3101 SW •3.53D 5J)i> 1322ts171 IA41274 lthal ThOM¥F￿1￿ .911 93.Joo

rME ST ASMPH DKICE5A¥BOAOC FWKE YEAREPIDEO 31 QECEklBER202J NOTE$IOTHEAcc￿l{fs Ao&ryl Tul 1 743. YMts14 4.IF7.9)4 .416 337n)) ChuTchF￿d Fund 4.1 JSS.S81 274 367 1T&.645 S81 261.102 27h74 EthKabJrLal 14&9T1 Ruth 2rt019 121 184.998 lQ8i101 13.53 Furte Hwe SVeelFuna SW F￿nd 11ts791 $9&S¥ tY&OFg 11021JI 8J.3 1 74797J IJORAYTSRECEPIED t3 2022 14FUTVRE LÈ¢PiEiI ISTAAklSI¢IIC¥ISWIHTRV5TEES 16AEPftESENfAmEUODYBL￿xo￿A 1022 Ckngycosts .IR.QOTr 230.rA)D 2S.*31 27.18S 25A92

r￿E 5T A5A•HfA￿E$AH9th￿D￿ P￿￿CE YEAII EIIOEDJ1 DECEIIBEA 102) 140TESToTHEACC￿NTS IIGRANTSPAYALE TL Tow 72A E8.952 15• 158 b.i 3.￿1 VIQDFW￿Gr￿ 31.7 24.69) 7.949 144.$46 1.76 1*764

THesrASVW DKKE5AYBo￿￿cffj FX4JKe YEAR ENDEO$I L¢EfLIBER1013 rESTOTHEAc¢trJMr$ IBRELATED PARTYTRANWIthS ll6.957) Gr￿1￿￿￿¥￿￿¢￿RB. E956.W 11022 £e2723th 23J iO?{IIJ12 É2.22D.S 131 D￿￿b￿r?￿j É2).WlJ022 £x.JsJI IrKow. E1191 A•31 ¢12•QQ21 Ell ￿c￿￿t￿￿￿•￿Y•￿￿4I-f2￿y$e¥l1￿12 E230 1$9 FAiswn tI912011 Th¢oeF Tr￿￿TrEF. Ea0￿e￿ Z4U IIIJIZ E11 11T>

IHEST AS￿H OO¢E8•1I B0ARDQFFWi￿E YEAReNDEO JI DECEll8ekZWIJ IIOTE5 TOTAEA¢CtyJNT$ )•AN•iYW8 OF REgWRCESFPCW¢ÉMEILIIEDFiWd 5h4Y• Y1￿.FrI 1•giC4S LIgF 27.)ts2 .IrJD 2rJ.MJ 912•) Lv4n Intw•il 5.1 L￿￿QP￿Ity ioj.

THEST AWH DIOCE$¥IBOWL¥ FM•JKE YEARENDEDJI fcts16ER 1015 NOTE$TOTHEAccthrs 2o•JIALYSL%OFSTATEIIEtIT(FWJick￿￿￿Tr•7Th£sE¥￿EIll￿￿uRE J.Iti l.F76 CknryyC¢s 184281 83.04$ 511ffjFD 2&7￿1 Ol￿elP￿￿¥t5 88.02S )7.k 14435 162 42Xy 23 87.&18 145.435 362 438 Gw 259.TT? 2èÈ461 S••rA*21 28.749 21 •14IIYS1SQF SIJPPORT COSTS 2a.544 13.34Q 13.310 24.4#7 287,181 114.W2 114.W2 28.748 28.748 28.748 2J

THE ST YEA Er4oED 31 DECEIIBEA 1013 tIOTES TOTHE￿¢(￿NTS 21RECOIKILL4TKIN OF NETlK>VEMEmT￿ Fw$TOIETC￿FLrwIFROI1C￿E￿Alx)Hs X23 r2 .7&8 ts¢re35tlilnGrt&¥¢l￿ Oebbys 45.189 319.9 QS?918 310263 •7272 2JAWttQR5EIHUI 5TMIAOS 24FINANCL4LIN8TrIJiiENTS 15REMUNEIIATK)NQFKEYPÈRS(XIEL 11&724 21QAAIITCOMMTTMEpif5

THe ST AS￿￿ OIOCESAJ4 80140 OF FINWKE YEAR ENOEO 31 DECEMBER 2073 GENERAL FUND No 2022 Pafi5h Share 3.1SY.7TT 91.2 1,981 6,3 5.1 2.988.480 Loan Inleresl Intoiesl M15cellaneL B conthbU￿Jn rn OAC R8 bkek grnnt ReirnbuIse￿ntoff Sty￿0X#w0tr¥ Rev GO(hn Tntst Wiexhom (PArrth￿4l EdL&ilk)r FoLYrfW R8 P4rtrrS￿p R•ntal int¢rre. l•1 pwwr4g 976 1.247 6.233 363.238 6.979 .1￿) 5.551 47.421 1•).t¢o 1￿.000 tkn$tion5 Bishops Orthna￿ fm# Lega¢yG E thn•s. l J¢mvth 3.928.￿$ 2.012.147 19.9 2.056.298 I6.￿D aryypgnsion ¢0rfnbLi￿r p￿￿rty(r￿fjt1ry •Apons0¥ 1Th$ur•￿. O•ry Counryl t•x ContrtrxrtW kn PJrEw4ge 8o¥d 185.$84 4W.181 1.552 197,886 463.898 870 ResouTce church Churchos Enxrg•rtyfvAd thssion Ar• ¢or4vl•nl Kthsslon kn•/2￿ Church Afmy 16.e7 6.￿1 19.822 5,971 45 342 Ti•nyrtK)n Coninb&JlKJr) tOlrnMfom¥ity>i S•lrfu•rdiry 400 X,931 27,185 2M21WO Re•slr•rc•• 28.544 1819.891 RèadeTS S$Kpn Lth1•r¥ Rurnl rnlni8try•Xo•ns•s Romovals httrrwum f••$ OW Supp Board dnominst LGBT ChaJairw 19,148 7.319 04S 2.878 48.415 140.5 81.OB8 2,102,161 P4¢ 23

THE ST AWH DIOCESN BOARD OF FIN￿E YEAR ENDED 31 DECEMBER 2023 tsEN￿R￿ FUNO ICONTWVED) 23 2022 1960.444 2.902.968 nts & Oonalbybs Catheotsl Grant SLK43l Erv)agemthtt< WCX)s Gr4 Mi%5w AdMin15Ira￿n Churth Rgpwr Fu￿j Y(yJlh GTr Rewjers &ani 17 72.4 9,148 68.952 8,327 15.iY)O 17 17 17 17 10.O>J 17 17 200 152.579 183.044 rn1nistra￿on Costs Adminisbaban (y4ts 85.115 45.189 16. 9.146 1.234 94.685 45.271 17,215 3.4 376 StrtkfKtkér 1895 Staff 157.M) B1$￿p$ funos 815￿p$ starf¢rnetty trxptyws $￿p$ Er￿$￿al exppnses io. 491 245 11.289 12.834 Miscellan$￿8 perty Inspecbry F%Mth Lo 41 126.B02 171.8 23.054 73.515 96.569 ¢hinènds b3ini ¢Thinènds Rooe a1k)Ydr*s G E Rees knes Steenro oroup expEnseS Training expenses 8 c￿[￿Y ¢￿Ierer Fai 43 529 13.614 27.226 Trainiw offieere0518 Kthnislry eXpe￿it￿ Spirituaiitywd Ecumgnisrn Lrturyy Pansh dwdopmont VcKaiv)ns Secb)n thscwnmeni costs 514 632 313 13.132 10.912 J1,140 41213 You ChiK(o￿schOO Bishop's wSiiOtS Adr(MniStraton Colle9e thaplwr¢y Trsiniry ¢osls Funding arKI parish StewardSYMp Trainiw 1.353 4.577 9.073 24.137 4,182 10,681 1.803 3.2 14.693 4.1$6 351 28.7J2 3.54SAOts 1428,430 Pw24

ThE ST 3APH DIOCES￿ BOARD OF FNMCE YE￿ ENDED 31 DECEMBER ZQ2J GENERAL FVFID ICONnNUEDI Not• 2023 202Z 3.$45.4iThJ 3.426.430 11.809 14.442 26.251 FknnbrvJ putdicat 13.646 2477 St£enrvJ groups 436 Sleenrrtj group expwses Ewdngalism Fbpe & fuiule EvangaliS1 tlaifMryJ and èxpwiw5 offtsr Ch(￿53￿ Wortd Corfeierfes cxtenrwas Genernl Ros(￿￿$ ChL¥th & so 116 1.175 1.013 752 328 1.076 3.0 7.111 4.707 Staff <x)sts 10 511J43 468.5 Les5 Adrninlstrats￿ corlrknAb 143.911) 116.4401 1fj0.3511 141.8201 15,657 157.4771 Educa￿ Truil TOTAL EXPENDITURE .034.023 3,868,SD2 SurplLts I Ide[￿rt}I0rthB 1105.03BI 151.948 Transferlmm roStit￿l 1S.403 15,403 FLrf ba￿￿ as at 1 jarK￿ry2￿￿3 4.169.fy)1 4.￿￿.144 Realised s￿rA￿ on ID¥wtrnerls 14.460 (S6.￿8} 1447.3941 Fund b4•nc• u •131 D•¢•mbèr2023 4.177.994 4.189.601 P48¢ 25

THE 5T AS•PH DIOCESM 80140 OF FWI4CE YEAR ENOED 31 DECEM8ER 2023 CHURCHES FUND REVENUE ￿CO•j￿T I Churches Tmsi FUTh RB C￿t￿￿knon DBFcoMnbirfi 26.146 41.250 41.250 10.L 71.gJ3 67.396 &ants 17 66.158 66.158 Illeficrtltsthe ￿ar Fund ￿arKe as￿ 1 &wry2023 ei).071 59.473 Lknreamd swF4uSlld￿l1 ￿ irNestmert5 Fwd balaThc• as at 31 D¢•mbllr2023 6S.416 611.071 PROPERTY INCOIIE FUI4D 202> 2022 ¢AIE Lei pyope ministratorfunthry ¢knnts Sundnes 17 3.601 3.601 svtpb51ldthrtlforthe￿r 18011 13.60tI 12.T54 16.355 Fund •t 31 2023 12.7 BANGOft HOSTEL FUND 2023 2022 15.498 15.498 16.120 16,1ZO EXPEND 11.758 11.758 7.248 7.248 Swyus Ilder￿) the 3.740 8.872 Lknrealised 5LYFIu5lldef￿I on In%Sblts 144,4841 F￿¥j bal3rKo asat 1 Ja￿ty2)23 324.953 F￿d blnc• as at 31 DK•rnbgr 2023 337.020 324,953 Fund bal&nee by.. Cash & ￿VidEn￿ ¥urplu¥l Id•fKftI In¥e*bn•nts 41987 2￿.0$3 39.228 285.725 26

THE ST ASAPH DI￿E$￿trI BOARD OF FINW4CE YEAR ENOED 31 DECEMBER ZQ23 PILCRIM CHURCH FUND 2023 1022 Sundry ¢yn• 10.201 10.3J1 3.247 3.247 MiseeiianBOuS 6,523 6,523 6.631 6.631 Surp￿1 Ild•fityiiforthe 3,678 13.3841 Fwd ai * 1 J￿￿ry2023 4.172 7.$ Fund tsda￿• •• 4t J1 D•¢•tht• 2013 7MaO 4.172 TRW4SFORMATION FUND 2022 Repr•seDlabVa BceorirfhrfK Gi•rts ¢K•s•n Cor#Lrfkn) Granis Evary4i$m 17 7,949 7.949 Surpkjs Ild•Wllortrs• 17,9491 Fund al l 2023 7,849 TrAnsf•r Pur￿ 31 D•¢•mb•r 2023 DIOCESW4 READERSFUND REVENUE ￿¢01•￿T 2023 20ZZ OBF gr•rtt R8 Ft SQDAUS l•keD tyr••dern ejnk Intwe51 49 10 210 eontertne• A4miniStraibon 1$cd￿neoL Rotstss. n•wf••d•rs 1.028 1.728 {6621 Fund ba&fKe a5 ai i January 2023 4.837 6,353 Fund Whe• *• at 31 gtyYJ 4,137 Prf¢27

ThE SY AS￿￿ DIOCESAI4 8O•AiD OF FWA)4CE YEMR ÉNOED 31 DECEMBER 2023 PAJISONAGE BORD REVENUE XCOUNT 2022 OirKtSail MntnbLrt Ctsnty 4￿.181 13 Rtr 232.562 203.728 In￿[￿S1 tsl Imp￿￿￿n￿rt 746.5Y) 661.9a6 Rgp3irs & Impro¥mefts . n•IofrWrn￿Wwts minissial￿n IG•nw¥ Fthjl Reni r4c¥d lo property tund htèrqst on Irrw¥omgN tund 432,991 42,874 1eo,fKh) I￿.C 24.386 24.356 21499 793.146 659.164 SvrpK¥ I1￿￿￿>10rthW1r 146.6161 22.822 Fvnd b￿•￿¢0 As ai i Jrwry202) 403.197 ).375 FuD¢J b•l4nc• M At 31 D•¢•mlMr 203 40J.1•7 EDUCATION TRVST FVND REVENUE ￿¢0(INT 2022 lrnvt¥lmenl IncomD 8ank Int4r•si Renis s￿11￿¢￿$. pr+x•qth I￿rn Welsh As84D>￿￿Go¥￿r¥yr1 Pro￿rtY donatK￿& 47,701 27 31.011 9,731 105.758 56.65$ 41.475 162.8 204.372 Sews 147.B34 4.323 102.205 9.194 PLynniw & yol•s5wAI I••s ministraiim conthbLIKlti 10 Fw>J Sloclbromei ftts WAG Cap Fur •.344 1,119 21,721 15,832 297,415 117.073 75 EIG s¢￿1$ Toiai •xwdiiuf• 338,391 Surpiug Iia•f¢illftWtrrf )••r 1134.0251 1114.6091 Funll 4$ •1 i Jarrfmry 3)23 3.006.836 2.928.840 FI•9111￿ $yrplu5 1 117.6381 Is.2￿) 212,245 b*n¢• •• 4t 31 D•¢•mb•i 202J 2 871,317 Pw28

THE ST AS￿H DIOCESA BORDOF FIN•)4ce YEAR ENDED 31 DECEMBER X23 CATHEDR￿ FUND 2023 2D2Z Dikyder￿js baré Inw•sl 5.107 5.301 5.0 D•an & Chapr sic¢kbrokèr l••s Tfgnsf$r ¢1 ¢￿tOd￿n trwlee trj CaLlwth Bank chpv$ 1,221 73 73 l{dthtlfortr• >w 3.742 Pund 11 4t l J•NJ•ryVJ23 1fj0,318 184. R•diGed i IO•fKJll¢n ffiw¥tmts 17.8841 {11,6281 Fund bd•n¢• u •¢ 31 D•r•mb•r 2023 17¢.64S Fund baln¢• f•ry•wnt•d by.. C••h & Dlvl¢J•nd l{d•fft￿) 22.OUO 191.56$ 20.1•4 148.t24 DO1￿. ORPHANS & DepeNDJ4TS FUND No 2023 2022 Giant IT•m thrK•••D Bo•rd c4 Fkn•r v•slrn•nl Is.rts) 15.630 p•niion ch• 20 L•g•rv41 30.970 xp Cnuicn In w¥i•É W OOSc(4 Grant$ wfts 15¢9llaThryLXJB Siockbrok•r Ims 29.7X) 11.7 26.J)O 9.650 146 17 2.189 43.840 38.162 Funo fJ•l•rrt •5 •1 l 2023 293.427 3S7,$94 Rwli8th1 suWLVJ I (do￿Tron knNwtrnqnlB 1.287 Urrfvali50d S￿￿U5 1 (do￿tIon Trgnslw Fund b￿1￿c• 5 31 ￿￿•MI￿ap2) 311136 293.427

THE ST ASAPH OIOCESW4 8OfvHD ￿ FIP4ACE YEAJI ENDEO J1 DECEMBER 2023 RLITH RO8ERTS FUNL) 2023 2Q22 9.529 9.529 T￿1r￿￿ tynses & ¢onf¢r 5.321 5.321 9.911 9.911 sU￿U$ll￿o￿lIjltr Fuho ￿&r￿8 as •11 J¥￿ry202? 175.870 203.019 Llir••ls•d %wF4uslld•lbii}w jfN•¥thW45 5.?20 Fwd ts•nc• 4• •t 31 D•¢•mb•i 2021 175.870 Fund ty￿•￿¢• r•pr•uni•d by". C••h & Dhthl•t)d I (d•￿11) In¥Mtyn•nts 17S,070 MRS SMITH FiIND 2023 2022 Diyidand5 re￿4•d 5.921 5.921 Removal f•os loi rnbnr¢ewt 5.092 5.892 5.921 SU￿￿J1{￿lfItsI1lty ￿ ￿•r Fund b•￿rt¢• • •11 JBNary2W23 104.942 121.280 Lknr••iy•y SUiF4uslld•lK411on In￿￿trIS Fund b•l4nc• •• •t 31 D•c•mb*v 2023 101,001 104.•42 SW T•140ANYIKAFUNO Plot• 20 Donaiic 84nk intw•si r•w 25. 28.223 10 25. 28.232 TraV￿lif9 •Ap￿S Bank charyos LKinatrons K4sc•iL•w¢u$ owr 245 24.403 33.713 28.310 34.077 war 15.8451 Fund ￿An¢& 9$ •1 i 6.1 12.025 Fwd balaThc• 8• 8t 31 ￿(￿mb￿r ZQ13 Pag¢3

THE ST ASAPH DIOCESAN BONAD OF FIN4¢E YEAR ENDED J1 OECEMBER 20Z3 NIFRED I TH0￿￿ FUND 2023 2022 FU￿ bala￿t as at 1 January2)23 80.941 93.543 I12.￿2> Fund ￿l￿r￿• Jt 31 D•¢wTrbv 202> 13.300 80.941 HOPE STREET FVIID 202J 2022 IN Grant Remal inxime PEN Trt¥¢llitvJ LÉ9al Adverbwny Waterrates In5urarte leiabons mana9è1 Building Slwnd Nl and per￿ Iknts redisinbthed 670 1.27S 25.085 99.541 144.546 274.146 75.899 1￿.76¢ 2fj2.438 Surplus Ildthitlknth$ 5 1262.433) 12T4,147} Trnnsfétto un[8strid￿ furNI 115.403) 115,403} Fund balarKe as al 1 Jatwry 2023 1 171.366 1.4￿.910 ARCHBISMOP RICE JOIIES 2022 5.012 Bank intbY¥Str￿i￿ 5,012 Travelliw expenses Barl( charges Gran MisedL•nÈousexpanses 2.494 2.494 Sumius i 1￿111￿thÈ sar {2.494} 5.012 Fund balartt as at 1 Ja￿ary￿Z3 5.012 Fund b•latK•4• at 31 Dx4fflbgr 1013 PaKe Ji

TME ST AWM O10CES￿ BOIRD OF FIN￿CE YEAR ENDED 31 DECEMBER 2ts23 SIn￿l￿r•I R￿11￿¢• Fund 2023 2022 IN 598.92$ 59B.926 ND Entsn¢*mentlo k14 Share pa 131,￿1 71.%7 118.919 322.847 Surp￿3 I{d￿￿t11r￿Mfj year 276.079 Fund baLgrte ¥s * 1 j¥￿ry2023 Fund b￿aTr¢e as At 31 D•¢•mb•v 2013 Pa8e32