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

THE ST DX)CE5APIBo￿OF FW•41CE
YIAR Etr4DeO 31 OECÈMBER2Q23
TftVSTEESREPORT
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THE ST AWH DttEs*jieO￿qDoF FWE
YEAketrlDED JT DEeEMBERla23
TRUSTEES REPORT
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rME ST A￿p￿r￿￿£s411 8OAfiDOF FIi•JICE
YEAR EfiuED JI OECEMBER2023
TRUSTEES REpopr
ua
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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 wlrÉm*ts 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$ $èthK>n of
our report. We ar• indep*kI￿¢ of the chairfy ￿ JrcrydarKe Mlh Ihe elh￿4 requirements Ihat are r￿e¥￿t to twr audll of Ihe
accwnls in the UK. ind￿ng Ihe FRC'S El￿ St￿￿￿. we have hjffiw (xjr olhw eth1￿1 responslbllMe8 In accordancè wilh
th￿ requ1r￿￿¢S We bdieve th81 Ihe ovKlthK¢ wt have (*lained Is suffioani and 8pprowaie lo WOVKJe a b05is lor cur
o￿nIOn.
Conelu•l•n• r•l•tlng to qolng corK•m
In audiling the fin￿¢JaI Slatem￿ls, ¥ve hav• o)n¢hthd ttwl Ihe trustws w ol th& gokno b•$s ol #cwuntlng In Ihe
preparat￿n of the financial Sta¢￿￿1S apwoKwte.
eased on Ihe wor* we havt porforM￿. we have Tr)1 Klwllfi*J 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$tse5 are responsible Ihe crther n11cm￿1th **hin Ihe arnu81 r8p)rf. Our0￿nN)n on Ihe fin8nci81
s181￿￿¢S ¢%xs not cover the olher fftf(xmalw and. except lo the exltrii OlheTh&ise eX￿1￿11Y slal&l in wr report. we (Jo nol expre55
any fomi of assurance cMdvsR)n Iherety). Our responsiblty 15 10 re* the other Inlorrnatr)n and. in doivJ so. considèr whdh9r Ihe
other Intormallon Is materially Inc¢)n5151wl vAlh the hnano* ￿￿eM￿S trimjr kn￿￿￿1ge oblair￿d In the course of the audit. or
Olherw5e appears to be malen811y mis$iat*Y 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 repc*t. 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
Klenbf*d m*erial 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 r*um5,' or
Certain discbsures ol trusi*s' refflureralKffi sF4cjf￿j by l*w 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 reqwr*nenl 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*<rf. and l¢r suth ￿1￿M01 conir¢Y as Ihe TrU￿08S r￿CeSSary 10 ernar￿e Ihe yeparalion ol f*)anoal 5talemenls
Ihat ar• free frcffj Mat￿8• missw8mani. ¢Juo to frpAhl LY emK.
In w8path9 the financial stsle￿￿ts. th8 Trusiaes ar• r95prythe lor a888￿n9 Iho ch*rty'3 at4ty ￿ uJnbnuè ¥$ 4 9tyn9 concwn,
dl$¢io$ing. as applicaNe. mattws lo Us￿9 Ihe gDry C￿c￿n ba￿$ cl 8c¢owtsrs UTr￿ TN51005
either Intend 10 I￿uld8¢￿ Ihè thanlaNe c¢ffyaTry L¥ Io CO8S•Lwwatiws. rx ha¥6 ￿ r68l'thG atternthe bul 10 do $0.
AudIto￿A r••port%lbllltl•• for th• •uthi ol lh• Ilmrtial stst•rn•nt¥
We have been appoini*J as au(lilor5 under $•c¢￿ 145 ol Ihe Charilies kl 2011 H) a¢¢tya￿ ￿1h the Aci and falovanl
r*guK8iK)ns rnade or h•¥mg •lloci Ihw•Jnow.
Our 0￿eCtIveS we ￿ coiain ress(￿lI* 055urwKe abwi *knather finanual s¢atemwis 8$ a %**K>* are free from m&er141
rn1s$iaiemeni. whethw (Aje lo Irathy or errty. to i%sue an rep)rt Ihai Indude5 our Reasenatse assvrgnce Is
h*Jh ltrvel ol assuwce. Iwl Is noi a gU8ranieè Ihai an coTrJua•J ￿ accordartt ISAS IUKI will aiwjys deleu a maièrial
ml551a1￿eni V4hen n eNsts. Misstsiernent5 can ar￿ 1￿M cy and we conswjeréd rnaleAbal If. Individually or In the
aggr8gaie. ih6y twkl r•JstywIYy 10 Ihe ec4x￿* ¢Jac4s1￿$ 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 t*h)w.
Our appr03th lo ￿en￿￿Tra assessiw the nsk5 01 nwsst8i*wI 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 &recK*s 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
ideniil*d 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$essed Ihe 5usceptiNIty of Ihe cr￿panY￿ firorKo1 s￿l￿￿ts lo m*wial rnls5ts1wn8nl. ir￿￿￿1￿ cOl*rtrMJ an undefslandlr
ol ho%v muhl occur. by."
makiw ewL¥es of m8nagem•rrt as tO7*here thty cA)n8K￿ Ihtrtwas sust¥knt￿ tr* Ihw kn¢￿*jOe tsf Xlu)l.
Suspected and alw fraL￿..
consklering Ihe inlemal cor*o& in rAace to rrMIKJate r￿S ol law5 and fegulatrc￿s.' and
derslandiry Ihe deyjn ol the remmwaiKJn F<4*i8S.
To address the risk ol tr8l￿ Ihrow managem￿1 ts"8s ov•rTidè ol (thlr¢l&. *i.'
performed anawcal prc¢&Ywes lo ithlify any unusual crf unexpec1￿ relaivJWIiF6".
18sled iwrnal eninés lo identify L￿￿￿131 tr*saC1￿$.
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 finJrKK*l sla1•n￿t to SLWPNtiry ¢*¢)jmentsl￿."
•nwidw of manapm*tt 8S to •)d went￿1 I￿9•1￿)￿ •¥J thKn$.
There are Snher8nl1init8frons woGthres above. Th• rrKm rernotsed that lthvs and rtyulalons afa frc*))
finan￿￿1 transaclions. the less l*dy 41 is th81 wJhJ awar• of nofvc£fflphanc8 ￿￿{lit￿1g 5tandard5 also lrnil the aud
prrK•duros required io 1d8niify wilh Iw r•A￿l￿5 to wm4￿yOf Ihe thr￿tr￿s8￿￿ mantyament aThJ the
hsp¢ction ol regulalcry 8nd legal CO￿0¥1)￿J￿￿. rf any.
Matfjrill rrdj¥tsI￿W1S IhBI to Ir8thJ can ba hardw lo d8t*l th•n Iho1• #W from trror a5 they ￿Y Invc4ve dellberale
eoncaalmeni or
A lurther descrtpb'on of our rew*tsl1l￿ f¢r •wlil ol the stat￿￿1$ is bcated on the FInaKI￿ Rewtlng Counafs
web*t* •t.. http.,IA4w.Irc.org.￿S￿Ic￿￿J*1kn. 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 Busr*88 *￿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 BO*JID 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
Otr*rincotllln9
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¢c*m•
EXPENDITi*E
&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¢ M*1 31 D*t•mt•7 ZQ25
JJ7

The ST ASAPH OWE$￿ BO*JID OF F*4AJ4CE
YEAR EP4DED 31 DECEM8ER 2023
8WCE SHEET
rgststgd
2022
2023
NON4URRENT ASSETS
Tangible fixed assets
knveslmem wopeths
ve¥lmenls
1.742.5
1.747.973
4.958.731
1.778.194
1.784.Y3
4.7￿.749
8.449240
8.348.486
CURRE14T ASSETS
DetA￿ fallin9 aftermore thon
D&btcrfs lalliny dUBWilh￿ crn )*ar
Cash al bank ha
76.￿0
I.3￿.566
1.744.83S
1.055.128
1.989.327
2.726.455
3.201.W1
CREL¥foRS.' ame￿￿tr dWTrwl￿D(fftl*Ir
11.SW1081
NET CURRENT ASSET5
1 428.265
1.643.793
NET ASSETS
9 875 50S
9 102 279
FUNDS
nr
GenEral Fun
4.17T.994
ur(th5 Fur
11
65.416
.071
12.754
Bangor Hosw
11
324953
F￿￿￿M Church
11
4.172
Ti8nsfoTrnaiion Fuid
11
Ci(rosyn Readers FuThJ
11
4.155
4.837
11
6.581
403.197
EdLKatson TN51 FUTh
11
2.874.￿7
3.006.
Calhedral
176.645
168.318
WNknts. ch￿On5 & De[*￿￿$ 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￿* FL*id
276.079
w1nrf￿￿ l Thotnas FuThY
11
80,941
rhecomwy en￿tle￿ to ltre exernpt￿n thp rwlrynert S*ckn 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 Trus*es respon*tslitsS lot£W that clwty 1e¢psaec4)w￿rVY ofts Aciand far preparing
atrounls %thich give a IrLe fair tsfaffaits (4 crynparyas aitr*entroftsfinawl 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￿
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P4r12

THE ST AWH DItsCE5•* BQARDf* FKWICE
YEI*EIthD 31 DECEIMiR2￿J
NOTE8 ToTHE￿Coll￿
GWLI
11194ilG
2 IIET MCOMEIIEXPEt￿1UR￿I
4J272
J T*lIQ￿L￿vIXE0WET3
ToLIl
71.JSJ
EPRE
IgTXQO
3B.i
ii.y8
1.tss
t?4.460
ChAr
Y*J* Ji D*•bw￿$
INVE$TMEMT pBopEma
Fw
Truxl
131MI)
P*VAtrJ*itJi f*wth102S
Vrylj

THE $T AS*HDIOC£SNII Ba4lDLFFWJICE
ENOED 31 DE¢ÈMÈEA2013
IDTE$ ro
J IiivesTMENT¥
Fund
Trt
IirKryi¥aue3t 1 J*w202J
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
SVo419*anl
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
Dacc*thett
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￿ F*I*JICE
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
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5.13J
(5.0921
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124.3101
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5J)i>
1322ts171
IA41274
lthal ThOM¥F￿1￿
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93.Joo

rME ST ASMPH DKICE5A¥BO*AOC* 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
2*74 367
1T&.645
S81
261.102
27h74
EthKabJrLal
14&9T1
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2rt019
121
184.998
lQ8i101
1*3.53
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11ts791
$9&S¥
tY&OFg
11021JI
8J.3
1 74797J
IJORAYTSRECEPIED
t3
2022
14FUTVRE LÈ¢PiEiI
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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
IIGRANTSPAY*ALE
TL
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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
1*31 D￿￿b￿r?￿j É2).WlJ022 £x.JsJI
IrKow. E1191
A•*31 ¢12•QQ21 E*ll
￿c￿￿t￿￿￿•￿Y•￿￿4I-f2￿y$e¥l1￿12 E230 1$9
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YEAReNDEO JI DECEll8ekZWIJ
IIOTE5 TOTAEA¢CtyJNT$
)•AN•iYW8 OF REgWRCESFPCW¢ÉMEILIIEDFiWd
5h4Y•
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1•giC4S
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27.)ts2
.IrJD
2rJ.MJ
912•)
Lv4n Intw•il
5.1
L￿￿QP￿Ity
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THEST AWH DIOCE$¥IBOWL¥ FM•JKE
YEARENDEDJI f*cts16ER 1015
NOTE$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*
14*435
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
YE*A 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 5T*MI*AOS
24FINANCL4LIN8TrIJiiENTS
15REMUNEIIATK)NQFKEYPÈRS(XIEL
11&724
21QAAIITCOMMTTMEpif5

THe ST AS￿￿ OIOCESAJ4 80*140 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(h*n Tntst
Wiexhom (PArrth￿4l EdL&ilk)r* FoLYrfW
R8 P4rtr*rS￿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
a*ryypgnsion ¢0rfnbLi￿r
p￿￿rty(r￿fjt1ry •Apons0¥
1Th$ur•￿. O•ry
Counryl t•x
ContrtrxrtW kn PJrEw4ge 8o¥d
185.$84
4W.181
1.552
197,886
463.898
870
ResouTce church
Churchos Enxrg•rtyfvAd
thssion Ar*• ¢or4vl•nl
Kthsslon kn•/2￿
Church Afmy
16.e*7
6.￿1
19.822
5,971
45
342
Ti•nyrtK)n
Coninb&JlKJr) tOlrnMfom¥ity>i
S•lrfu•rdiry
400
X,931
27,185
2M21WO
Re•slr•rc••
28.544
1819.891
RèadeTS
S$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 DIOCES*N 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)Y*dr**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 Se*cb)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.$45.4iThJ
3.426.430
11.809
14.442
26.251
FknnbrvJ putdicat
13.646
24*77
St£enrvJ groups
436
Sleenrrtj group expwses
Ewdngalism
Fbpe & fuiule
EvangaliS1 tlaifMryJ and èxpwiw5
offtsr
Ch(￿53￿ Wortd
Corfeierfes
cxtenrwas
Genernl Ros(￿￿*$
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 80*140 OF FW*I4CE
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%*Sbl*ts
144,4841
F￿¥j bal3rKo asat 1 Ja￿ty2)23
324.953
F￿d b*l*nc• 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 Bc*eorirfhrfK
Gi•rts
¢K•s•n Cor#*Lrfkn)
Granis
Evary4i$m
17
7,949
7.949
Surpkjs Ild•Wllortr*s•
17,9491
Fund al l 2023
7,849
TrAnsf•r
Pur￿ 31 D•¢•mb•r 2023
DIOCESW4 READERSFUND REVENUE ￿¢01•￿T
2023
20ZZ
OBF gr•rtt
R8 Ft SQDAUS l•keD tyr••dern
ejnk Intwe51
49
10
210
eontertne•
A4miniStraibon
1$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 W*he• *• at 31 gtyYJ
4,137
Prf¢27

ThE SY AS￿￿ DIOCESAI4 8O•AiD OF FWA)4CE
YEMR ÉNOED 31 DECEMBER 2023
PAJISONAGE BO*RD 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￿￿￿>10rth*W1r
146.6161
22.822
Fvnd b￿•￿¢0 As ai i J*rwry202)
403.197
).375
FuD¢J b•l4nc• M At 31 D•¢•mlMr 20*3
40J.1•7
EDUCATION TRVST FVND REVENUE ￿¢0(INT
2022
lrnvt¥lmenl IncomD
8ank Int4r•si
Renis
s￿11*￿¢￿$. pr+x•qth I￿rn
Welsh As84D*>￿￿Go¥￿r¥y*r1
Pro￿rtY donatK￿&
47,701
27
31.011
9,731
105.758
56.65$
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 DIOCES*A BO*RDOF FIN•)4ce
YEAR ENDED 31 DECEMBER X23
CATHEDR￿ FUND
2023
2D2Z
Dikyder￿js
baré Inw•sl
5.107
5.301
5.0
D•an & Chap*r
sic¢kbrokèr l••s
Tfgnsf$r ¢1 ¢￿tOd￿n trwlee trj CaLlwth
Bank ch*pv$
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¥tm*ts
17.8841
{11,6281
Fund bd•n¢• u •¢ 31 D•r•mb•r 2023
17¢.64S
Fund bal*n¢• f•ry•wnt•d by..
C••h & Dlvl¢J•nd l{d•fft￿)
22.OUO
191.56$
20.1•4
148.t24
DO1￿. ORPHANS & DepeND*J4TS 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 ￿ FIP4*ACE
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$ll￿o￿lIjltr
Fuho ￿&*r￿8 as •11 J¥￿ry202?
175.870
203.019
Llir••ls•d %wF4uslld•lbii}w jfN•¥thW45
5.?20
Fwd ts*•nc• 4• •t 31 D•¢•mb•i 2021
175.870
Fund ty￿•￿¢• r•pr•uni•d by".
C••h & Dhthl•t)d I (d•￿11)
In¥Mtyn•nts
17S,070
MRS SMITH FiIND
2023
2022
Diyidand5 re￿4•d
5.921
5.921
Removal f•os loi rnbnr¢ewt
5.092
5.892
5.921
SU￿￿J*1{￿lfItsI1lty ￿ ￿•r
Fund b•￿rt¢• *• •11 JBNary2W23
104.942
121.280
Lknr••iy•y SUiF4uslld•lK411on In￿￿trI*S
Fund b•l4nc• •• •t 31 D•c•mb*v 2023
101,001
104.•42
SW T•140ANYIKAFUNO
Plot•
20
Donaiic
84nk intw•si r•w
25.
28.223
10
25.
28.232
TraV￿lif9 •Ap￿S
Bank charyos
LKinatrons
K4sc•iL•w¢u$ 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 FIN**4¢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
l*eiabons 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 s*ar
{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