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|Principal Address|Principal Address||Beulah United Reformed|Church|
|---|---|---|---|---|
||||Beulah Road||
||||Rhiwbina||
||||Cardiff CF146LT||
|Trustees|||Mr Huw Morgan (Chair)||
||||Mrs Barbara Rhys (Church Treasurer)||
||||Mrs Fiona Reynolds||
||||Mrs Ruth Williams||
||||Mr Colin Grimes||
||||Mrs Eleri John||
||||Mr Harley Jones||
|Bankers|||CAF Bank Ltd||
||||PO Box280||
||||West Mailing||
||||Kent||
||||ME194TA||
|Independent|Examiners||Williams Ross Limited||
||||Chartered
Accountants||
||||4Ynys Bridge Court||
||||Gwaelod YGarth||
||||Cardiff||
||||CF15QSS||
|Charity Name|||Beulah United Reformed|Church - Manse|
|Charity Registration||No.|236457||
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|||||Page|
|---|---|---|---|---|
|Annual
Report||||1-3|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|Notes to the Accounts||||7-11|
|Schedules to the Accounts:|||||
|Detailed Income Statement - General|||Fund|12|
|Detailed Expense|Statement -|General|Fund|13|
|Designated
Funds|- Movement|in Year||14|
|Restricted
Funds - Movement||in Year||15|
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|||2021||||
|---|---|---|---|---|---|
||Total|Unrestricted|Funds|Restricted|2020|
||Funds
f.|General
f|Designated
f|Fundsf|TotalFunds
f|
|INCOME||||||
|Voluntary
Income||||||
|Committed
Offerings|54,789.55|54,789.55|||55,975.65|
|Loose Collections|251.15|251.15|||622.18|
|Junior Church
Offerings|||||50.56|
|Gift Aid Tax Reclaim|13,167.05|13,167.05|||15,588.14|
|Fund Raising|5,596.36|||5,596.36|3,047.20|
|Other donations
Iloans|7,994.60|7,894.60|100.00||4,992.31|
|Sundry income|5,614.72|5,614.72|||1,983.02|
|Investment
income||||||
|Interest(all
accounts)|3,884.01|3,884.01|||4,202.79|
|Trading Income||||||
|Counter Receipts|267.60|267.60|||1,907.97|
|Other Income||||||
|Use of Premises|26,770.00|26,770.00|||23,316.00|
|Grants receivable|5,112.25|5,112.25||||
|Total incoming resources|123,447.29|117,750.93|100.00|5,596.36|111,685.82|
|EXPENDITURE||||||
|Costs ofRaising Funds||||||
|Supplies and Direct Costs|5,616.42|5,209.83|406.59||3,255.66|
|Charitable
Activities||||||
|M & M Contribution|66,720.00|66,720.00|||64,560.00|
|Ministry|6,563.46|6,563.46|||6,568.13|
|Premises Costs|34,115.23|34,115.23|||42,355.49|
|Charitable
Donations|4,344.00|||4,344.00|1,308.00|
|Other Outgoings|17,590.68|17,590.68|||23,245.94|
|Independent
Examiner's fee|1,020.00|1,020.00|||1,020.00|
|Total resources
used|135,969.79|131,219.20|406.59|4,344.00|142,313.22|
|Net gains (losses) on||||||
|investments|44,636.54|44,636.54|||7,176.54|
|Net income I(expenditure)|32,114.04|31,168.27|(306.59)|1,252.36|(23,450.86)|
|Transfers
between
funds||||||
|Net movement
in funds|32,114.04|31,168.27|(306.59)|1,252.36|(23,450.86)|
|Reconciliation
offunds||||||
|Balances at beginning
ofyear|393,779.78|387,656.25|5,919.80|203.73|417,230.64|
|Balances at end ofyear|425,893.82|418,824.52|5,613.21|1,456.09|393,779.78|
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Solar|Church|Office||
||panels|Improvements|Equipment
E|Totalf|
|Cost or valuation|||||
|At 1 January 2021|12,723.91|14,510.66|3,491.13|30,725.70|
|Additions
during the year|||||
|Revaluation
Surplus|||||
|At 31 December 2021|12,723.91|14,510.66|3,491.13|30,725.70|
|Depreciation|||||
|At 1 January 2021|11,554.91|14,510.66|3,491.13|29,556.70|
|Charged
during the year|1,169.00|||1,169.00|
|At 31 December 2021|12,723.91|14,510.66|3,491.13|30,725.70|
|Net book value|||||
|At 31 December 2021|||||
|At 31 December 2020|1,169.00|||1,169.00|
##
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|INVESTMENTS||||||
|---|---|---|---|---|---|
|||||2021|2020|
||||||8|
|General Fund||||||
|BMO Responsible|Global Equity||Fund|||
|BMO UK Equity Growth||Fund||299,471.06||
|SMO UK Income|Fund|||||
|COIF - Ethical Investment||Fund|(cost-st 14888)|||
|BMO Responsible|Global Equity||Fund|||
|BMO UK Equity Growth||Fund|||254,834.52|
|BMO UK Income|Fund|||||
|COIF - Investment|Fund|Income|Shares (cost- 832,800)|||
|Total investments|-at market||value|299,471.06|254,834.52|
|DEBTORS||||2021|2020|
||||||6|
|Income receivable||||2,793.49|1.49|
|Prepayments||||148.00|148.00|
|||||2,941.49|149.49|
##
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|||2021|2020|
|---|---|---|---|
|||8|8|
|Accruals||||
|Heat &Light||3,141.69|400.00|
|Independent|Examiner's Fees|1,020.00|1,020.00|
|||4,161.69|1,420.00|
##
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|||||||At 1January|||Other|At 31 December|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||2021|Income|Expenditure|Nlovamaata|2021|
|Unrestricted||-|General|Fund||387,656.25|117,750.93|(131,219.20)|44,636.54|418,824.52|
||||Designated||Funds:||||||
||||Christmas||Lunch|475.83||(157.78)||318.05|
||||Youth Fellowship ITravel|||637.56||||637.56|
||||Holiday Club|||341.54||||341.54|
||||Concerts|||4,327.13||||4,327.13|
||||Paradise|Run||(112.67)||(9.47)||(122.14)|
||||Flower Fund|||250.41|100.00|(239.34)||111.07|
|||||||5,919.80|100.00|(406.59)||5,613.21|
|Restricted|-||K.I.N.|||203.73
203.73|5,596.36
5.506.36|(4,344.00)
~4044.00)||1,456.09
1,456.09|
|||||||393,779.70|123,447.29|~(130,96029|44,636.04|425.093.02|
|Summary|of|the above|||||||||
|Unrestricted||General||||387,656.25|117,750.93|(131,219.20)|44,636.54|418,824.52|
|||Designated||||5,919.80|100.00|(406.59)||5,613.21|
|Restricted||||||203.73|5,596.36|(4,344.00)||1,456.09|
|||||||393,779.78|123,447.29|(135,969.79)|44,636.54|425,893.82|
##
||||||Tangible Fixed||Net Cnrrenl|At 31 December|
|---|---|---|---|---|---|---|---|---|
||||||Assets|lllvsstrrrents|Assets|2021|
|Unrestricted||-General|Fund|||299,471.06|119,353.46|418,824.52|
|||Designated||Funds:|||||
|||Christmas|Lunch||||318.05|318.05|
|||Youth Fellowship|||||637.56|637.56|
|||Holiday Club|||||341.54|341.54|
|||Concerts|||||4,327.13|4,327.13|
|||Paradise|Run||||(122.14)|(122.14)|
|||Flower Fund|||||111.07|111.07|
||||||||5,613.21|5,613.21|
|Restricted|-|K.I.N.|||||1,456.09|1,456.09|
||||||||1,456.09|1,456.09|
|||||||299,471.06|126,422.76|425,893.82|
|Summary|of|the above|||||||
|Unrestricted||General||||299,471.06|119,353.46|418,824.52|
|||Designated|||||5,613.21|5,613.21|
|Restricted|||||||1,456.09|1,456.09|
|||||||299,471.06|126,422.76|425,893.82|
|11|DETAILED BREAKDOWN|OF|COMPARATIVE|INCOME AND|EXPENDITURE - YEAR ENDED 31|EXPENDITURE - YEAR ENDED 31|EXPENDITURE - YEAR ENDED 31|
|---|---|---|---|---|---|---|---|
||DECEMBER 2020|||||||
|||||Total|Unrestricted|Funds|Restricted|
|||||Funds|General|Designated|Funds|
|||||F|6|6|9|
||INCOME|||||||
||Charitable
Activities|||||||
||Committed
Offerings|||55,975.65|55,975.65|||
||Loose Collections|||622.18|622.18|||
||Junior Church Offerings|||50.56|50.56|||
||Covenant Tax Reclaim|||15,588.14|15,588.14|||
||Fund Raising|||3,047.20||1,935.51|1,111.69|
||Other donations/loans|||4,992.31|4,942.31|50.00||
||Sundries|||1,983.02|1,983.02|||
||Investment
Income|||||||
||Interest
(all accounts)|||4,202.79|4,202.79|||
||Trading Income|||||||
||Counter Receipts|||1,907.97|1,907.97|||
||Other Income|||||||
||Use ofPremises|||23,316.00|23,316.00|||
||Total incoming resources||111,685.82||108,588.62|1,985.51|1,111.69|
||EXPENDITURE|||||||
||Costs ofRaising Funds|||||||
||Supplies and Direct Costs|||3,255.66|1,170.23|2,085.43||
||Charitable
Activities|||||||
||M6 M Contribution|||64,560.00|64,560.00|||
||Ministry|||6,568.13|6,568.13|||
||Premises Costs|||42,355.49|42,355.49|||
||Charitable
Donations|||1,308.00|||1,308.00|
||Other Outgoings|||23,245.94|23,245.94|||
||Independent
Examiner's|fee||1,020.00|1,020.00|||
||Total resources used||142,313.22||138,919.79|2,085.43|1,308.00|
||Net gains (losses) on|||||||
||investments|||7,176.54|7,176.54|||
||Net Income
/ (expenditure)||(23,450.86)||(23,154.63)|(99.92)|(196.31)|
||Transfers between
funds|||||||
||Net Movement
in Funds||(23,450.86)||(23,154.63)|(99.92)|(196.31)|
||Reconciliation
offunds|||||||
||Balances at beginning
ofyear||417,230.64||410,810.88|6,019.72|400.04|
||Balances at end ofyear||393,779.78||387,656.25|5,919.80|203.73|
##
|||||Actual|Actual|Budget|
|---|---|---|---|---|---|---|
|||||2020
6|2021f|2021
6|
|INCOMING RESOURCES|||||||
|Committed
Offerings||||55,975.65|54,789.55|60,000|
|Loose Collections||||622.18|251.15|500|
|Junior Church
offerings||||50.56||100|
|Gift Aid||||15,588.14|13,167.05|14,500|
|||||72,236.53|68,207.75|75,100|
|Use ofPremises:|||||||
|Manse||||12,000.00|13,536.00|13,536|
|Outside
Lettings||||11,316.00|13,234.00|15,000|
|||||23,316.00|26,770.00|28,536|
|Interest on Accounts:|||||||
|Bank Interest (including||Deposit a/c)||386.73|14.42|100|
|Investments||||3,816.06|3,869.59|3,500|
|||||4,202.79|3,884.01|3,600|
|Other Income:|||||||
|Grant (URC (Wales) Trust|||||5,112.25|5,112|
|Bequests||||1,545.00|6,000.00|2,000|
|Donations||||527.00|220.00|500|
|Weddings
&Funerals|||||300.00|2,000|
|Solar panels||||2,870.31|1,374.60|3,000|
|Private Photocopying|/ Sundry||Items|1,983.02|1,563.54|500|
|Ministers expenses reimbursement|||||4,051.18||
|||||6,925.33|18,621.57|13,112.00|
|Whittaker
Lounge: Counter|Receipts|||1,907.97|267.60|2,000|
|Total Incoming Resources||||108,588.62|117,750.93|122,348|
|Deduct: Resources Used (page 13)||||(138,919.79)|(131,219.20)|(185,831)|
|Net Incoming
Resources||||(30,331.17)|(13,468.27)|(63,483)|
|Transfer (to)/from Designated||Fund|||||
|Revaluation
surplus
/ (deffcit)||||7,176.54|44,636.54||
|Balance at beginning
ofyear||||410,810.88|387,656.25|387,656|
|Baiance at end ofyear||||387656.25|418,824.52|324,173|
##
##
||Actual|Actual|Budget|
|---|---|---|---|
||2020
f|2021
E|2021
f|
|Nlinistry:||||
|M & M Fund|64,560.00|66,720.00|66,720|
|Ministers expenses (net)|6,218.02|6,388.46|9,000|
|Pulpit Supply|350.11|175.00|250|
||71,128.13|73,283.46|75,970|
|Premises
Costs - Church 8 Canolfan:||||
|Cleaning
&Caretaking|7,003.84|7,464.89|6,000|
|Repairs &Maintenance|11,884.48|13,170.75|21,000|
|Heat & Light, Water, Telephone|9,074.36|5,736.63|7,000|
|Insurance
(Church &Canolfan Beulah)|3,694.23|3,909.00|3,900|
|Furniture
&Equipment|8.528.35|3,211.02|8,000|
||40,185.26|33,492.29|45,900|
|Premises Costs - Manse:||||
|Repairs & Maintenance|1,201.86|205.00|21,000|
|Insurance
/ Council Tax / Water|968.37|417.94|350|
||2,170.23|622.94|21,350|
|Whittaker Lounge:||||
|Donations|||60|
|Supplies|1,170.23|839.22|2,500|
|Furniture
&Equipment|||5,000|
|Repairs 8 Maintenance||4,370.61|6,500|
||1,170.23|5,209.83|14,060|
|Other Expenses:||||
|Junior Church|471.76|1,200.62|780|
|Organ, Piano, Music etc.|897.59|1,093.68|1,200|
|Worship
Material||318.35|250|
|Publicity|497.40|684.30|1,500|
|Training|||200|
|Church
Office &Secretary's Expenses|3,869.13|2,782.91|3,900|
|Part-time Administrator|9,154.56|7,869.66|7,870|
|Bank &Accountancy
Charges|1,080.00|1,117.50|1,150|
|Children's
&Youth Work|||2,000|
|Young Person's Travel Fund|||750|
|Art projects|2,998AO|1,740.19|3,000|
|Garden|95.35|9.99|250|
|Payment
to URC (Wales) Trust|705.00||705|
|Sundry Expenses|2,515.31|624.48|1,000|
|Depreciation|1,981.44|1,169.00|1,998|
||24,265.94|18,610.68|28,551|
|TOTAL RESOURCES USED (topage 12)|138,919.79|131,219.20|185,831|
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|K.I.N.||||
|---|---|---|---|
|||2021f|2020
6|
|INCOMING RESOURCES||||
|Fund Raising||5,596.36|1,111.69|
|Blessing the Crib||||
|||5,596.36|1,111.69|
|RESOURCES USED||||
|Charities||4,344.00|1,308.00|
|TOTAL||4,344.00|1,308.00|
|Resources before Transfers||1,252.36|(196.31)|
|Transfer of Funds||||
|Net Resources (after|transfers)|1,252.36|(196.31)|
|Revaluation
surpluses|(deficits)|||
|Balance at beginning|ofyear|203.73|400.04|
|Balance at end ofyear||1,456.09|203.73|