Company number 00188626 Charity number 233140 THE ST ASAPH DIOCESAN BOARD OF FINANCE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 THE ST ASAPH DIOCESAN BOARD OF FINANCE CONTENTS Trustees, report Page 14 Auditors report to the Trustees Statement of Financial Activities Balance Sheel Statement of Cashflow 10 Notes lo the Accounts 11-21 General Fund Revenue Account 22-24 Churches Fund Revenue Account 25 Property Income Fund 25 Structural Resilience Fund 25 8angor Hostel Fund 26 Pilgrim Church Fund 26 Diocesan Readers Fund Revenue Account 26 Parsonage Board Revenue Account 27 Education Trust Fund Revenue Account 27 Cathedral Fund 28 Widows, Orphans & Dependants Fund 28 Ruth Roberts Fund 29 Mrs BJM Smith Fund 29 SW Tanganyika Fund 29 Winifred l Thomas Fund 30 Hope Street Fund 30 Archbishop Rice Jones Fund 30 Harold Victor Fund 31 YEAR EPIOEO31 DECEMBER 2•24 TIIUSTEES REPORT •c￿rn0*F￿ TME ST AWH fAOCESW4WAPDOF YEAR ENDED 31 OE¢E¥8Eft2•11 TRVSTEES REPORT olChMty.. TMSI R•&4¥tqtBdc￿rlty no.. 233140 ol rxrnctor￿T r TrFvwTrew TMV8ry NWW*m& T￿P•¥I Huw Bu TNTrRewl FAW ThB DrLyfw*A Jcms k4r ￿arti￿ Mrfjkyn Will Wlè&t APW4ilrtWntL4 TruAt• S•¢r•l4ry'. o Lffji*M.sm￿ e•a ol FlnKK¢. S Finano•4niJft••owcMOlhc•r. A TW ¥oll¢*ors". J¢￿¥0￿ Lul. SIAW LL17 LIRF THE ST ASAPH DifKESAN IJOAPDOFFWAKE YEAR ENDED 31 DECEMBEP 2•24 VRV5TEES REPORT Tho mVJn eFI0 $8T Th*V•ry ft•¥dNWWaty wplicohon WW THE ST ASfvPIS DWXESAN 8O•StD OF FWIANCE YEfvJi eNOÉO31 DECEMBER 2Q24 TRUSTEES REPORT ¥r• fvjl IqlaoJQ THE ST ASAPH DIOCESAN BOARD OF FINANCE YEAR ENDED 31 DECEMBER 2024 INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE ST ASAPH DIOCESA14 BOARD OF FIPIANCE Opinion We have audited Ihe financial ststements ol St Asaph DK)re5an Board of Finance Ilhe 'charty'l for the year ended 31 ￿cOrnber 2024. whrh compnse the statemeni of finanoal acIN1￿5 Ihe ba￿nce sheei. the statement of cash flows and the notes lo the financial statements. Including a summary cf 51gnifranl accountirrfJ polic4es The finantsal reporting framework that has been aPpl￿d in their Pfeparalion Is appl￿b￿ law and United Kingdom Accouftiiw SiaThlard$. Ind￿￿1￿ Financial RepoTtsng St8ndard 102 The Financial ReportiNJ StarkJ•rd applKat4e in Ihe UK and Rep￿￿¢ of Irel•rKJ Iunrtod ￿￿Jd0rn Generally Accepted A¢￿￿￿tir%3 Practice) In cur opinion, the finan¢*l si8￿ments.. give a true and laii of Ihe of Ihe charrtabl8 cOryan￿$ affan •$ •1 31 E*cwr*er 2024 and of 118 In¢omin9 Sources and appI￿[lOn of resourc•s, lor the year then endg(1. h•¥• been prcyty in a¢¢rrtdanc• Unilad Gthwalty A¢eepted Accountiro Prathc¢. arKI have been pryr•d th accordBnce wlh Ihg rwuirements of th• CrmpaTr￿ Act 20C Ba81• 1¢4r oplnlon We conducted c4JT a￿111 in accwdonce with In￿rnat￿￿1 Standards on A￿art1Th9 IUKI IISA5 IUKII and ap￿1¢•b￿? law Our respon$ibilil•$ under those standards a￿ furfhor de5crt4d in the Auditors r•sponsibi1rt*5 lor the audit ol the a¢￿U￿￿ se¢tiDn cf our report W• are Independ6nl ol Ihe ¢hanty In accordanc• wlh the ethK•l requirernonls that arn relevant to our a￿11 Of the accoun1$ In the UK, Induding the FRC'S Ethul Slandard. and ** have fuffilw ovr Olh•r •lhKal responsibilith In accordan￿ with these roquirem•n15 We bel*ve that the audil •vthnce have obtained Is svffi¢*nl 3nd appropnale lo provide o b8sY4 for our epinK)n. Conclu•lon• r•l•iing to 9olng conc•m In auditing the financial $iaierren15, ￿ haw ￿nClu￿d th•t Il* tN8teeJ w ol lh• 9tyNJ co1￿M b8sr4 ol •xountsn9 in th• preparation ol the Iinanoal 51alements o apprwrwtts B¥sod on the work have yrforrned, we have not Klenifvd any malerial unc8rtainl*s r•l•iing 10 ovenls or condit￿n$ Ih•t. individually or co11eciively. may cast s¥nrficanl doubl on the chantys ability to continue •$ • going cDncem for a peric¥J ol •1 k••#i *lve months from when Ihe Iinanaal statements a￿ ¥ulhonsed 18511e Our mspMsibilitse8 and Iho re1pon¥t￿rt* ol the Injslees r•sp•ct to wr¥J corKem are d¢sutsd in th• rthaTht s•clions of tho r•port Other InfOnna￿On The olher Inlom)8lK)n comprrnes the Infom)at￿n induded in Ihe annual rewt olh¢r than lh• financ4al ststernents and our 8udilof• report Ihereon The Iruslees are responsible for Iht Olher Inlonn8tKsn cont81ned wrthin the annual reporl Our opinion on the financial 8t8lements dees not cover the othèr Infotmalion and excepl lo Ihe ethnt OlherwBe expliolty slated in our report. Wo do not expr858 any fomi of assurance Conclusion Iheroon Our reSpOn￿bI1￿Y 6 10 ￿ad the oit*r InfOrrn8t￿n 8nd. In domg $0. cons￿ler whether the Other Inlormalion Is malerialty In¢onsislenl wrth the Iinano81 Sta￿ments or ¢ur kntrthedge obtaned in tho course of the audit. cr Olhewse appears to be ma￿nalty m15Stated If byentfy such maienal InconsL41enc488 or app8￿nI mat*nal rn15slalemenls, w8 are required to delem)ine whelher thL4 gives nse to 8 maten81 mts51alemeTrt In the finanual st8iemenls themselves If b8sed on Ihe wcrk havg Ferformed, we condude that there pj a matenal mtssla￿￿￿Tht of this other inlormabon. we ar• rtquired lo report thal fact We have nothing lo report tn regard Opinion¥ on other matters pr•#crib•d by the Cornp•nies Act 2006 In our QPinK>n. based on Ihe woth undertaken In the course of our audrt the Information gwen In the Iruslees report. whth Inthdes directors, ￿pOrt prepared fv the purposes of company law. for the financial year for wh￿h the financial $tatements are prepared s consstent ￿th the finanual ststernents. and the dI￿¢10r$. rewt induded ¥nthin the trustees w has been prepared in 8¢X0rdar￿ Trmlh applicabkn ￿gaI requtrernenls. THE ST ASAPH DIOCESAN BOARD OF FINANCE YEAR ENDED 31 DECEMBER 2024 INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE ST ASAPH OIOCESAN BOARD OF FINANCE Matt•r8 on which we artr rèquired to report by ex¢•ption In Ihe 11ghl of the knowledge understandiThJ of Ihe chanty 8t￿ rts environment obtsined In ts course of Ihe audit, have not Identified material misststemenls In Ihe directors. re5KK¢ Induded wthin the trustees feport. We have nothiThJ lo reFQrt in respe￿ of the folkMrvJ mattets In reiatK>n to which the Cempan*$ Act 2(￿ wuire5 US to report lo you rf, In our ¢Jp1n￿n'. adequate accounbng rerord5 have not been kept crf retums adequats awjit have not ￿en receNed from branches Dot vEiled by us-. or the financial slalements are not In agre￿)￿1 ￿ the ac£ounbffj records and Telurns,. or Certain disclosures of Irustees. remuneta￿n specrfEd by L3w are not made. or we have not received all the Infomiatson and explanabons we re4uire for our a￿rt", or the Irusiees were noi enti1￿d to prepare the finantsal statstrETrts in accor(lance with the small compan*s regime and take advantage of the small cortyan*s' ex￿)bo￿$ fft Prep*￿￿ twstees repNI and from the requirement to p￿pare sirategic report Ré8pon8bbilititr8 of Tru8ttrts As explained more fully In the slalement of trustees respons￿IlIt*S. the Trustees. who are #150 Ihe directors of the charity for the purpose of company ￿w. are responsib￿ for the preparabon ol the finanual statements and for being sa115fied that they give a Irue and fair view. and lor such Internal control as the Trustses delemiir* ts netsssary to enab￿ the preparation of financial statements that are free from rnaler￿ mk5Statem8nt. *heb￿ lo fra￿j or In Pfeparing th& finanoal statements. Ihe Trustses are responsible for assesS￿g Ihe charty'5 ability to continue as a going conc*m. disclosing, as applicable. matters related 10 going concem antt usthg tt)e gowvJ t￿n￿M ba5LS of accountin9 ￿n￿sS the Trustees either intend to IpuKlate the chafitsb￿ company or to c*ase wr8￿n$. or have no realistst attetnalive bul lo do 50 Audittsrfs rèsponsibilibes for the audit of the financial sfatemènts We have been appoinied as aueiiors under section 145 01 the Chant* Act 2011 and report In a¢xtydanc¢ %Mlh Ihe Act and re￿vant regulations made or having effecl Ihereunder. Our o&eclwe5 ao to obtain reasonab￿ assurance aboul whether the finanoal ststernents as a Who￿ 8re free frfxn tnalerial misslalement. whether due lo Iraud or error arKI lo Issue an audilorfs rewt that Indudes our ow*?n Reasonab￿ assuran￿ 15 a high level of assurants. bul Is not a guaranteè that an a￿*11 conducted In xcordance ￿th ISAS IUKI will a￿ayS detect a malerial misslaletnent when It e￿$1$ Misststemen15 ¢an anse from fra￿ or error and are con51dered material Il. Individually or In the aggregatè. they toukj reasonabty be expected to Influen￿ e¢onomic ¢￿$￿￿5 of users taken on the basis of these financial siaièments. Irregularilie5. InCI￿l￿g fraud are Instan￿$ of n0n-cornp1￿n￿ vnth ￿w5 aThY regvlatrons We desvJn procedures In line wrth our responsibilitses. oullined above. to detect maienal misstatemsits In ￿SpeCt of ItTe9ularilEs. Induding fraud The ex￿nI to which our pr¢)cedu￿$ a￿ capabk of deie¢tsng itreguknbes. w￿￿ling tra￿1. ￿ Iletai￿ be￿W Our approach to Haenirfwng and assessing the tsks d fflatsrial misstatemenl ￿ respect ol Irregukrjtss. induding fraud and non- compliance wth Lqws a￿1 regulabon$. was as folkF*%." the eNJagement partner Ènsured that the engagement team colwivety had the apprwate ¢(￿peten￿. Capabili￿$ and skills to ￿en￿ty or recognL8e non-¢O[nplWn￿ applK3b* law5 aTrJ wulatsons. we Idenknfth the law5 and regula1￿7n$ app1Kab￿ to Ihe ccfflpany throLb3h dtscussvis ￿1￿ directors and other rnanagetnent." we focused on speofK la*s and r￿Ula￿On$ whth {￿SKI￿red rnay have a direct matenal effea on the finanoal statements or the wratK*ns of the cth)4)any. In￿dir￿j ts C¢ynpanEs Acl 2￿, taxal￿n *gislation and em￿0YrnenI islalion. we assessed Ihe exieni of Complian￿ with the W ONI wulaty.ons bJ8nbkd above Ihrough ènquire$ of managerrent and inspecting legal corresponden￿. and Jentified laws aTht regulat￿n$ were comfflunKated ¥Mhin the audrt team reguktty and fv team remained a￿rt to In$tances of non-complian￿ through the awlit THE ST ASAPH DIOCESAN BOARD OF FINANCE YEAR ENOED 31 DECEMBER 2024 INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF THE ST ASAPH DIOCESAN BOARD OF FINANCE We assessed the sus(*Pbbilty of ¢c*npaN￿s finafiual statements to rnalerial misstatement. mcjuding oblèining an uThlerst8nding of how fraud might o¢¢ur. by making enquifes of manag8meril as to where tw ¢onsthred there w•$ $￿tep￿blI￿Y lo fraud, their knowledge ol actual. suspected and alw fraud. con8thring the Intemal controL* IN 10 mityaie risks of frJLKJ rw-cornplance wlh Lqws and regulalbJn8". and under51anding the de5vJn ol the cornpanys remur*fal￿ To addr855 the risk of fraud through managemeni bia$ ¥fid ol controls. P8rfom)ed anatylic81 pro￿dureS 10 thnlify any unusual or un8ycled re￿tIOnShvpS'. t¢$ied journal enlnes to ￿entIty unusual IransaclN)ns. a85essed Whetheriudgery￿nl8 and asswnpkn8 m*Je In detefminwffJ the oc(x)unting estima￿ts IndiutN• of pO￿￿tI#l ts￿5, and IrWeS￿8t6d the rot￿)￿•* t•hlnd $gnrftaht or unusual tran5acbon5. In re$pon5t lo the n5k of irregulari1￿8 and nOn-￿￿lanCe with W and rngul¥kn"oni. duwJr•d pro¢•aures which nduded, but *re not Iimiled lo. agreeing financial ststomonl d15ck)5ur95 lo ur*Iert￿'n9 5UPFQrting drKumentabw.' 8nd enquinng of management as lo actual 8nd potential lrtvJalK*n and cJgh71s There are inh•renl1irnrtaknon$ In ovr •vdii pfo¢•dur•s destr￿ed obove The Terr￿ed that I￿ and regul8lions afe from financial Iransaclions. Ihe ￿$$ Iikety rt k% thai ￿ wouKI become aware ol Th)n-compli8nc8 Auditin9 standards also Iimil Iht audil procedures required 10 vJ*ntrfy non.¢4m￿laNCe wlh LIw5 arknj regulat￿ to ol the 8nd Othor managemeni 8nd the inapeclion ol regulatory and le941 co￿*$portd•nr4. sf 3ny. M8ten•l missi8￿m*n￿ th4t iiae due to fraud can ￿ hard¢r to th•n th•8• th•t Ir*yn error Bs tt￿Y rnoy involve deliberate ¢onu•lmvNI or ￿lIU¥l￿n A furth8r de w*bsiie al Iption ol our r•$ponsknilrtvas for the audrt ol Ihe hnanool statements Is kxaw oh Ihe Financial RoportiThJ c0￿ClI, org.ukla oisre8ponsibilil*$ Th* ltyms part ol ¢Jur a￿1110￿$ report. Chrl•to ans 8A ACA IS•nlof $tslul•ry Audrtor on behalf ol Sag• & Comp*ny Bu•lnM• Advl*orn Ltd Charterod Account•nts Statutory Audrtor 102 8owen Court St A8aph P• Denblgh81 LL17 OJE Da Sage & Company Business knisrKs Ltd L8 elwjible for appointment as a￿litOr ol the ¢h•rity by ￿rtY? ol ils •lvJibilty lor appoinlmenl as audilor of a company undtrr of sect￿n 1212 of the CompanNes Ad 20 THE ST A¥APH DWESAN BOAIIDOF FMPKE YEAR EIIDED 31 DecEM8ER 2024 STATEMENT OF FINANCIAL ACTMTES I11￿Lut￿P￿ INCOIIE AND EXPENOITLIRE ACCOJPffj A￿tr￿t•d D•*￿1*￿ Eno0¥m￿ Tot￿ F￿n￿* Total Fund• Fundb Futhlls Fu 2024 2023 Fund¥ INCOME Donabonsand corno troffl Invoslillg acbVib•6 ¢orn• IfQrn cnaiitsNè IrtV•slrth8nlirhcF￿*•¢¢¢￿th1 > ppJp Pwrit YEARENDED31 PEcErdE￿X4 rioTESTOTMEACCOLwY$ I WTIN¢OM£IixpEWffL4WI 1$ 1 s. 25Jl J• 1*2 4215 F•rVIW ￿ 1 •2LV4 £01614 1747gD 28Sfts) ID94fr (15 30.4J7 P4pii ENfEDJI Oe¢ElleE* rwE•vQV￿￿C¢QL￿lT￿ • W4¥UTMEP47a I>WU2 1303 4124V 7•1 14¢i JiJ} Jte 27 124 IJD ffi71 ij I(¢X4 1rA 149314 )708•7 24J4* 2158 JeJoJ i) J12J 1•0 OIC C¢APOIL4TIOPITAA Pwij YÉARENUEDJ? llECEMBERX14 TES TOTHEAC¢Cty4TS A0￿￿$1￿AT1ot￿¢QsTs 1.155 5.124 Ihsw•n 3.45r 8.5 Èan￿th￿ J.43• 12.1S4 2255 497 1? 740 IOSTAFFCOSTS 4OJ&92 J•77E J.7 516443 YÈAREP*JEDJI UECEM8ERX7 7E9TO ￿￿te￿￿Ty 11 FiWID3lS••fiNkl A93b. 7*.•&P 15.403 415Q241 7tsÉ67 270079 45314 616￿ 337 JJ7.fbiD 1174T 11172n 1047B X6SIi 7JOI 5￿J1 )94 271 $t8 545Jr Trioj 17tsI48 Ji2.iJ6 1KISt 511$50 192 $11$20 28171 747 1.42P7$2 1Th￿￿F￿r Tol¥tyr i￿(*7 104Dobi PwEiJ YEAftEfiDEO JI DECEAlaERJ•2 PX>TES A¢¢CW$ Tts 4B9122 475Q241 v¢hEsFwvJ $17 HMmCknhFw Tffu￿F￿d I4￿45$ 15J80T 891 1É2.2Si 316.610 1*.834 IWTg0 611 611.626 3.074 85.JTS 1112>2 I¥GPX4TSAECEIVED 14FUTLK LEGAC YE￿ ENDÈD51 > ty 17WTBPAV4lLU Va J1.7 i•$ IOI 441 Tryr17 YEAREMEO ¥1 DECEIIDERXII PX>TES 11REL4TEOPART¥ TK4TrISACTK•4A Q71 iFI E2ts1 S IP*￿0￿(￿ th*hwkn*iW.I11185261201) Q236cén Ji tkn¢thr4*1 ?024A￿ AI* JI £ rryww •Tw•*¥1by￿A1Whollp MnY041 (Xi) E4$4 191 W2J tItySWIii TThDOBF Ewy•a) Th¥OBF IllllJ AR ENDED>1 ￿eE￿￿ÈR 1024 NOTesTOMACe(*thV* J>ji￿￿1 12ty>) Ioi xjti l.J61 7• 7n7 •F.IS& y&io? L*wv4 1*2YP YEAREp￿Ets3I ￿cEllE￿A]￿l4 IIOTESTtsThEACCOIXITS SJ7 75F I$￿S￿l Courtil TAL I￿495 Iwport¢¢ 216 Jh7J 14.X4 ¥SMJ2 67• T* 319 IT 74 Autyil b.•72 tItsTÈsTO￿￿￿OI￿lT8 195.5 J1• fw IIIWIANCL•1￿•l￿jJ￿I￿1* 27PNION YURAOMTIAEPIT THE ST ASAPH OIOCESAN 8OARD OF FINANCE YEAR ENOED 31 DECE￿ER 2024 GENERAL FUND 2024 2023 Pall￿ srore ¥idends LI￿￿ Intere$1 Bank Lnierest Mis¢di¥wus Miscpjlarwus a￿¥¢￿)n Bad debi pr￿lSon. non F4n¥h sw• RB Partnership ￿n￿l￿￿j Flev GO Tnjst Wiexhaffl (Parochiall FouTrJ* Rental Ir￿￿& lei p*$￿968 3.361.628 97.955 1.1dS 15.099 3.198.777 91 280 1.981 6.336 5.180 I2.￿> 110.5LK)I 215.0(K) 16 4LNJ.OC 6.979 50.100 160.OQO 6.630 Legacy G E Rees Jones. I￿3 7456 J,915,11J 8352 3.928.9a5 R¢sYes¢ni•bv6 ￿yy cJ•rtrrf ¢ ATGhdfracon expthi 1.769.892 181.085 141.398 537.757 1,251 11,330 1,098 2,012.147 19.936 185.584 4g¥),181 1,552 Coninoutk)n to Parswgo Bcwd LKesan Adviw Crmmit M15cdl4rrtOL Churches EmergerLY￿¢ M18810n Arèè ¢ongJttani Mi$$ion Ar•• 1 20-20 vm Church Army ln1rt￿UCbty) 10 8,055 ,333 756 6,361 19,622 5,824 19,481 209 3,354 29.972 2.722.711 Govwnifvj •XK*M .909 28.544 2,819,891 Readers MIs81c￿ Are• Le*oei8 6xp*M Rur81 Removlis Ini8tt•gfum le Clergy ￿Jp LGBT Chakqaincy 950 82.938 6,636 76,oe9 602 65,5C6 7.319 63.045 2.678 945 258 140,SS3 147.929 ExpondM¥rn ¢•rri•d 2,070,640 2.960.444 Ppge 22 THE ST ASAPH DioeESAN BOAJID OF FINANCE YEAR ENDED 31 OECEhl8ER 2D24 GENERAL FUND ICONTINUED} 2024 2023 Exwndltur• Brought For*ard 1870,640 2.9&0,444 CalhedrAI Grant al Ewagement Grnrrt WOD$ Grani MIss￿n Arts AthiTh3tr*ty1 Cthis Churc* Repair Fur Youth Grant R88a8r8 Gr*)t 17 72.4Cv) 9.148 17 4.556 17 17 68.SV) 10.CQO 17 17 17 116.231 183,OU rninislrat￿ cuts Oewwalion swckbroker loe8 Oicce54n con1ver￿Ana Stsff troifiino 85,115 45.189 18,896 9,146 1.234 45.466 17.889 12.290 32 1S7,403 157.3 Bi$￿(￿5 furyJJ Bi¥hw$ rwirvJ •xwna•• Bisttepl Cha￿110 •xpen••s 10.9)0 10.otsj 324 11.923 491 12.834 Propprty InBpeclion• ihed tyowrty co818 Failh Hope Lov• 44.724 163 103 Z19.289 128 802 171,BOO Ordinands Irwryrq Ordin8nds RO￿ SieenTrJ group ¢xoon Trsinifjg expenses & conlirnrK• Liviw & 1tr¥nir￿X￿￿￿g F*iih Training offiur co•is MinI51ry èxpendilurt Spniuèlity •no h8•h vcrAI￿n3 Selethon 43 3.900 25 13,614 182 24.735 137 292 139 312 20.638 40,202 31.166 Youth chi￿re￿I￿C￿l Bi$￿p.5 viwttrs AdminI81raiK)n TIAining Costs FurKling pJrish 3￿p￿1 Stewardship 2,702 6,152 9.402 2.331 10.399 3.376 297 34.6$9 3.782 4.1B2 10.681 5045 1.B03 3239 21.732 3.4S8.327 3.549.400 THE 5T ASAPH DIOCESAP4 80ARD OF FINI14CE YEAR ENOED 31 OECEMBER 2024 GE14ERAL FUND ICONTINUEDI 2024 2023 Exp•ndbtwe broughl Fonvlrd 3.4￿.327 3,Y5.400 8.740 13.071 21.811 Pnntifvj P￿11¢￿￿<41S 13.646 24.977 Steenng woup• 436 436 St8eriw woup expon Ev￿9*181 uaif¥w aTrJ•xpwo Engagement ofh Confértrt•y OHenngs Goneial R•sL¥JiC Ch￿h & W¢*ly 148 878 420 752 932 3.035 7,118 3.910 7,176 Staltcu 10 514.M1 516.443 L•$3 Admini$irntr￿ 146.1071 117.262 163.3891 EdI￿at￿n Tiu 18 440 160.J01 TOTAL EXPENDITURE 3.•J8. 4.034.023 sur￿Ul i Idefioll ts the y￿r 123.1YJI 1105.ojal Tr*ster from rwtrKi¢d lundi 15,403 15.403 Fund b•￿r￿* as ai 1 Jawi 2024 .177,994 4 169.601 Rewiaqd SU￿U3 I (def￿1) ￿ Inw*nxn 14.460 Vnre*i3ed 5ufFlus 11dfrfi￿t1 Inv6$1n￿IS 84 990 83.SS8 Fumd b•l•n¢• ** al 31 Dac•m￿r 2024 4,250.241 4,177.994 Py24 THE ST ASAPH DIOCESAtr4 BOARD Cf FINANCE YEAR ENDED 31 DECEMBER 2024 CHURCHES FUND REVENUE ACCOUNT 2024 2023 I Churche5 Trust Fur RB ￿t￿t￿li DBF wntiibutk 17 417 41.250 20.253 10.wo 71.903 78.667 fyan 1T 52 661 $2.861 66.158 66,158 Swpltssl Idefitstl 5,345 Fund b•igrte 8$ * 1 ja￿ty 2024 65.416 60.071 Unregised surFdusl Ideficjt) cn iThe5trne Fund b•l8tt¢• ¥$ ¥t 31 Oecvrnter 202 91.422 65,416 PAOPÉRTY INCOME FU￿9 2024 2023 IN OME AdministratorfunOryJ (¥ants 17 rpbsl1oeficJll tstr*ye* 18011 Fund balarKe as at 1 JarAwY 2024 It.9S3 12,754 Fund balarKe os at 31 Docgmb•r 2024 11.369 11,953 StnKtural Re511￿nCe Fund 2024 2023 RB 653.064 6$3,W 598 926 598,926 En￿an￿￿ent to M4 Sh￿e Gr¥nts ￿14 MisS￿n Area Swyt 69,132 3.930 192.354 26S 416 131.961 71.%7 322.847 US I IdefKill kn they&4r 387.648 276.079 ￿larte as * 1 J8nu¥y 2024 276 079 Fund balance as ai 31 D•c•mbéY 2024 P4t25 TrtE ST ASAPH OIOCESAN 80ARD OF FINANCE YEAR ENOED 31 DECEMBER 2024 BANGOR HOSTEL FIMID 2024 2023 12.747 12.747 1S.498 15.498 EXPEN Cdlegechapla 12,727 12.727 11 758 11.758 Suwusl IdefKxII for ts ye 20 3,740 Unrealised surrAv$ ildefrjll Th￿lMEnts 8,327 Funo ty4¥ts8$ at 1 Janu*y 2024 337.020 324.953 Fund b•iance as at 31 Ilecember2024 337.040 337,020 Fu*d bwkynce represented by.. Cash a Dlvld•nd surF￿￿$ I Idofi¢i Investm?Dts 42.987 294.OS3 42.967 294.OS3 PILGRlhl CHLIRCH FLWD 2024 2023 Sundry Inc￿ 10.478 10.478 10.201 10.201 EXPENIXT RE Mis¢eiian8¢JUS 7.057 7057 6523 6.$23 Surrlus I Idefitstl Ir* y 3.421 3.678 Fund balan¢¢ as ai 1 Jarw 2024 4 172 Fund bakince as at 31 Decombér 2024 7.850 DI￿EsAI• READERS FUNO IIEVENUE ACCIWNT Z024 2023 OBF grani R8 re Se￿￿laken by re*$ 8aThk Interest 297 49 346 47 892 EXP Confeien A¢ministral￿n Miscdlar 430 728 300 1.028 Idefiut} fol the ye 12861 16821 Furyj balartt a5 * l JarAW 2024 4.1$5 4.837 Fund balanco as at 31 O*¢*fflbpr 2024 4.1SS Page 26 THE ST ASAPH DIOCESAN BOJRD OF FINANCE YEAR EMDED 31 DECEMBER 2024 PARS014AGE BOARD REVENUE ACCOUNT 2024 2023 IN DIC￿e53n wiribulv)ri Marshall Charity Rent $37 757 490.181 4,880 232.SS2 18.907 746,530 243.TT7 201 788.285 EXPENDITURE Répai[5 8 Improvements . TW ￿ tymbutswents Administration (Gen￿al FuTrl1 Rent received to 02￿ra1 fund Inteie$i Improventh Insuranc 604.597 539,604 44.600 160.000 24.388 24.356 160 19.518 2S.273 9.618 873.048 793.146 Sutfdusl (del￿1> Sythoyw 184.7631 146.6161 Fwd b31artt as* i J8nuary 2024 356 581 403.197 Fund balanc• as ￿3* Oecernber 2024 271.818 356,581 EDUCATION TRUST FUND REVENUE ACCOUP 2024 2023 IN InvestTnenl Irwi Bank Interest RenLS Miscellar*ous. Ind￿thn9 LY¢t*edS Sa￿01 fcffiw Sfts*Ys 42,504 177 46.￿7 1,322 1￿>.277 1116 41.036 9.731 105.758 545 287 204.372 EXPENDIT &*oDI5" tyuilaings I lm￿￿•*￿)ts Planning & profe$sty￿1 tses rninlsirab￿ c0i1ritrAkn￿ trj Genwal Fthi StttktKoker fees WAG Cap Misceii¥neoL EIG Schfy) Total expenditure RE 33.597 147.8 4.323 39,799 17.262 9.502 109,595 1.397 14 308 185,661 117.073 75 20.229 338.397 Surplu$ I the y 359,626 1134.025} Fund b3￿n￿ as at l j¥￿•ry202￿ 2.874.367 3.(￿,838 Reaised surrAusl1def￿1i ￿ InveStr￿t5 12,7(01 6.844 UnredL5ed IdefiTrtl ￿ In¥e51rn 80,815 15.2901 Fund ￿la￿¢• *$ at 31 Decefflber 2024 3,312.102 2.874,367 P¥e 27 THE ST ASAPH DIOCESAN BOARD OF FIPiANCE YEAR ENDED 31 OECEMBER 2024 ATHeDRAL FUND 2024 2023 DivIde￿S 8ar4¢ Interest 4837 S.107 194 5,301 5018 Dean & Chapter SIOGkbioker fees ar& chary 22,080 1.241 73 23.394 73 1.253 SurF4u5 1 Id•fitytl ty Ih•y•w 118.3761 4.046 FurKI 88 8t 1 2024 178.845 188,318 Rèaiised JL¥Plu31 Idthll M¥estsn￿ 13.5961 1,28S Unr•aliMd •uWu• I IdTrfiuri cffj In¥eswts Fund balllnc• a• al 31 DK•mb•r 1024 162.251 176.645 Fund balanc• r•prn••ni•d ty.. C4*h & Dlvl¢J•nd I Id￿1¢￿} Invo4tm•nt* 7,616 22,080 154.565 OOWS. ORPHANS 8 DEPENDW4TS FUK) N¢X• 2024 202J Grant Irom 0￿%￿n cl Firw 20,000 12.297 1.250 139 33.686 Donotion$ Interest 2.300 69 35,280 CThur¢h In W4•s W O D S Grants ano gifts 5c&lafjeous SIOCkbrok•i f••8 37.900 9,450 29,750 11.750 17 237S 49.636 2.189 43.840 I (de￿1) ts th*y•w 116,1501 I8.￿0) FUTh1 1 J•nuwy 2Wd4 312.136 203.427 R*ali¥¢d suWu$ I Id•fityii m ￿¥*¥bI* 1,387 Unrts118•d suWv6 Il¢Jthll tyl Inwitn 20.057 25.882 Fund bal•tK• •* •131 O•¢•mb•r2024 316.650 312,136 Pa8t 28 THE ST ASAPH DIOCESAN BOARO OF FIPiANCE YEAR ENDED 31 DECEMBER 2Q24 FIUTH ROBERTS FUND 202 Z023 DML*rvJ$ 7.837 7.837 9.529 9,529 Ti&niry expwws & conf8wto 5.321 5.J21 rr4u8 I Idefioii fty fv y• 7.837 4.208 Fund b8L8nce Is at i Jr*L4ryry 2024 184,Vd8 175.870 5.120 Fund bO￿nC0 aB •t 31 Dg¢wnb•r30 192.035 1B4.998 FuTrd ￿lanc• r•pr•Mnt•d ty". C&•h & Dl¥ld•nd *urpluB I Id•llchl In¥•stm•nt• 110,790 fM.7 MRS 8JM SMITH FUND 2024 2023 Dividen¢s receive 5.692 5.892 Rbmov¥i tse8 for rthro tkn 5.692 S.6è2 FuThl bal•￿￿*￿t l Jlnuwy 2024 108.Tr)1 104,942 Unrealiyed suWu$ 11(*trJll on Iiib*iimwi* 3.0$9 Fund b•lan¢• •• •131 O•¢•mb•r 2024 $WTANaANYIKA FUND N¢X• 2024 202J Donation• Bar* Interest rK•N• 28.871 2$.082 10 28.671 Travdlinc Ballk ¢h•tge Donation$ MisGeiIanb￿& ￿penI¢S 1.647 3,882 245 24.403 25.632 28.310 4us1 Idthll ye 1.193 FurKJ aj at 1 Janu￿ 2024 2.952 a,160 Fund tyAIAtK• •• at 31 D•¢•mbw 2024 Pa8r 29 THE ST ASAPH DIOCESAN BOARD OF FINAMCE YEAR ENOED 31 OECEMBER 2024 NIFRED I THOthIAS FUND ZD24 2023 bai¥rftr a$ ai l January 2024 80.941 unr￿1480 IIL*fioii on In￿tr￿nts 2075 2359 Fund balance as at 31 December 2024 85,375 83,300 HOPE STREET FUND 2024 2023 Rental income E PENDITURE Le981 fees Walei r*s 1.250 1.9J5 670 BuildifvJ works Sbpend Nl avj pL¥Ysh Gpnts r8th$tr￿ed 1.41 7S.899 180 764 262.438 67.917 195 104 17 Surrjus I Idefityt) y 12f6.3011 1262.4331 Tr*5fw lo wrestncted frJTh 115.4031 {15 4031 Fund bakKe as * 1 Jawary 3)24 893.5 1.171.366 Fur¥J baknce as at 31 Docomb•r 2024 ARCHBISHOP RICE JONES 2D24 2023 Grants 1.8LKI 1.8 2.494 2494 Suwus I(02f￿t) for the y 12,4941 Fund bakrKe as al 1 2024 2.518 5,012 Fun¢J balance as at 31 December 2024 718 THE ST ASAPH DIOCESAN BOARD OF FIP4AP%E YEAR ENDED 31 DECEMBER 2024 Harold Vlctor Fund 2024 2023 IN In¥e51menl tknnabty) Diwdend5 reuyved 4.921 ,921 xp Surylus I Idefiotl ftr the year 4.921 Unreaiis*(I suwus I Idefiutl Cfft In¥6sbTr*f 270 FU￿ balan￿ as at 1 J*)u8ry 2024 Fund balance as at31 th¢*mter 2024 P48e 31