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2021-12-31-accounts

RepDrt and Financial Statements Adroddiad a Datganiad o Gyfrifon For the yB8r endlng 3￿ December 2021 Ar gyfBr y flwyddyn a dda￿h I ben 31 RhBgfyr 2021 LLE MAE FFYDD YN CYFRIF WHERE FAITH MATTERS Where Faith MaltBrs Lle mae Ffydd yn Cyfrif LlandafF Diocpsan Board uf FinancE B wrdd Cyllid Esgobaeth Llandaf Llpnddff Dlocesan Boerd of Finonce is ¢7 compony limited by gts¢7f¢7ntee ttmd not hovlng a shore copltol. Re¢￿tered in Engl(￿d￿nd Wole5 N?. 488549 Rep5ttred chomy Ng. 242453

Trustees'
Report		 (including
Strategic Report):
Objectives, Activities and Risks 2
Achievements
and Performance
Financial
Review		 33-7
Plans for the Future 7-8
Structure, Governance
and Management		 8-12
Reference and Administrative
Details		 13-14
Independent
Auditors'		 Report 16-18
Statement ofFinancial Activities
Balance Sheet 20
Cash Flow Statement 21 -22
Notes to the Financial Statements 23-42

Year ended 31 Dece mber 2 021
Permanent Total Total
Unrestricted Restricted Endowment Funds Funds
Note Funds
f		 Funds
f		 Fundsf 2021f 2020
f
Income and endowments from:
Donations
and legacies
Charitable
activities		 4
5		 7,029,566
75,028		 451,873
228,486		 7,481,439
303,514		 7,766,984
528,376
Investments 6 173,214 181,775 4,471 359,460 384,561
Other Income 7 70187 70187 54,257
Total income and endowments 7277,800 032,321 4,471 8,214,600 8,734,178
Expenditure
on:
Raising funds		 44,321 6,290 701 51,312 54,493
Charitable
activities
Support for ministry
Support for parishes
Church
property		 8
9
10		 4,014,233
631,626
104,650		 801,207
179,574
987,020		 4,815,440
811,200
1,091,670		 5,272,277
750,452
1,279,215
Grants and other financial
sUpport
Communication		 11
12		 1,307,250
101,098		 50,461 1,357,711
101098		 1,610,460
107,508
Total expenditure 6,203178 2024552 7D1 8220 431 9,074,405
Net gains/(losses)
on
investments		 629,154 8333 15,120 652 016 126,2DD
Net incomel(expenditure) 1,703,784 (1,083,898) 18,899 638,785 (214,027)
Transfers
between funds		 ~607977 672,448 ~4,477
Net movement
in funds		 1,035,807 (411,450) 14,428 638,785 (214,027)
Reconciliation
offunds:
Total funds brought
forward		 3,23,27 972028D , 16604375 , 2,07.295 26530950 26,750.977
Total funds carried forward 32327 10761,087 , 16192920 221 723 27170735 26536950

Year ended 31De cem ber 2021
Unrestricted Restricted Permanent Total Total
funds funds endowment funds funds
Note fundsf 2021f 2020f
7ixed assets:
angible assets 16 396,619 14,645,050 15,041,669 15,552,860
nvestment
property		 17 220,000 260,000 480,000 480,000
nvestments 17 7,790,744 117,277 201,688 8,109,709 7,812,760
.ong-term
loans		 18 1,216,572 93,954 1,310,526 1,433,518
Total fixed assets 9,623,935 15116201 201,688 24,941,904 25,279,138
:urrent assets:
)ebtors 19 85,062 75,425 160,486 264,066
;ash at bank and in hand 2,445,382 1,109,920 29,035 3,575330 2,870,047
Total current assets 2,530,443 1,185,345 20,035 3,735,822 3,140,113
.iabilities:
:reditors: amounts
vithin one year		 falling due 29 ~938391 ~35,740 ~077,136 ~1.296.446
Net current assets 1,592,052 1,146,599 20,035 2,758,686 1,843,667
Total assets less current
liabilities 11,215,987 16,262,880 221,723 27,700,590 27,122,805
:reditors: amounts falling due
ifter more than one year:
.oans from the Representative
Iody ofthe
Church		 in Wales 18 (454,900) (454,900) (513,400)
'arish Grants
3overnor Loans		 ~69,055 ~69,955 (2,500)
~69,905
Iofal net assets 10,761,087 16,192,925 221,723 27,175,735 26,536,950
l'he funds ofthe Charity:
=ndowment
funds		 23 221,723 221,723 207,295
testricted
income funds		 3 16,163,881 16,163,881 16,575,331
Jnrestricted
funds:
Designated 22 3,849,076 3,849,076 3,527,025
General 6,725,852 6,725,852 6,012,096
tevaluation
Reserve		 186,159 29,044 215,203 215,203
Total charity funds 27 10,761,087 16,192,925 221,723 27,175,735 26,536,950

CASHFLOW STATEMENT
Year ended 31 December 2021
(a compa		 ny
limited by		 guarantee
and n		 ot having a share capital)
2021f 2020
f
Cash flows from operating
activities:
Net cash provided
by operating
activities		 (11,370) (579,417)
Cash flows from investing
activities:
Dividends,
interest and rents from investments		 354,989 379,140
Purchase ofproperty,
plant and equipment
Proceeds from sale of investments
Purchase
ofinvestments
Net cash provided
by investing activities		 1,986,025
311630307		 710057 1,133,960
~1,D66.218		 446 882
Cash flows from financing
activities:
Net cash provided
by financing
activities
Change
in cash and cash equivalents
in the reporting
period		 699,288 (132,535)
Cash and cash equivalents
at the beginning
ofthe
reporting
period		 2 876,047 3,008,582
Cash and cash equivalents
at the end ofthe reporting
period		 3575330 2.870,047
Reconciliation
of net income/(expenditure)
to net cash
flow from operating
activities		 2021f 2020
f
Net income/(expenditure)
for the reporting
period (as
per the statement
offinancial
activities)		 638,782 (214,027)
Adjustments
for:
Depreciation
charges
(Gains)/losses
on investments
Dividends,
interest and rents from investments
Decrease/(Increase)
in debtors
Increase/ (decrease)
in creditors		 511,191
(652,616)
(354,989)
226,572
~380310		 511,191
(126,200)
(379,140)
(501,567)
13D326
Net cash provided
by (used in) operating
activities from
operating
activities		 11370 579417
Analysis ofcash and cash equivalents 2021f 2020f
Cashin
hand
Notice deposits (less than 3 months)
Total cash and cash equivalents		 3575335
3575335		 2,865,625
10,422
2,876,047

Anal sis ofchan
es in net f		 unds
Other
New non- Balance
Opening Cash- finance Interest cash carried
balance flows
8		 leases
E		 changes
f		 changes
6		 forward
8
Cash 2,865,625 709,710 3,575,335
Cash Equivalents 10,422 10,422
2,876,047 699,288 3575,335

Balance Investment Balance
gains/(losses
1 January
2021
F		 Transfer
offunds
5		 Incoming
resources
5		 Outgoings
f		 31 December
2021
5
Retired clergy
Parsonage
board		 56,220
45,989		 3,248
664,200		 126,072 (818,617) 59,468
17,644
Schools funds:
External
grants
Accumulated
funds
Sundry trusts
Bishop's mission fund		 15,654,194
376,375
69,133		 118,082
144,534
1,521		 (575,417)
(105,961)
(2,941)		 5,144 15,196,859
414,948
72,827
Transformation
fund
Landscapes/Journeys
in Faith
Church
Improvement
Fund
Community
Development		 5,591
2,081
319,691		 26,942
42,500		 (32,523)
(20,500)		 10
24,081
Restricted
Donations		 24,157 (22,465) 321,383
RBEvangelism
Fund
W.O.D.S.		 75101 5000 447 196 ~439031 3219 8165
16,604 375 072440 932 321 ~2024 552 0333 16,102925

m)
Movements
on		 Restricte d Funds
rior		 ear co
ar		 ative
Balance Investment Balance
1 January
2020f		 Transfer
offunds
6		 Incoming
resources
6		 Outgoings gains/(losses)
F		 31 December
2020
6
Retired clergy
Parsonage
board		 52,681
9,871		 3,365
664,200		 174
133,768		 (761,850) 56,220
45,989
Schools funds:
External grants
Accumulated
funds
Sundry trusts
Bishop's mission
fund
Transformation
fund
Landscapes/Journeys
in Faith
Church
Improvement
Fund
Community
Development
Restricted
Donations		 15,781,481
686,167
66,452
58,940
27,310
1,500
335,537		 348,264
182,435
1,613
2,320
28,721
25,500
36,305
5,256		 (475,551)
(492,227)
(501)
(2,320)
(58,940)
(50,440)
(24,919)
(53,151)
(5,256)		 1,569 15,654,194
376,375
69,133
5,591
2,081
319,691
RB Evangelism
Fund
W.O.D.S.		 85,091 5000 221,175
991		 (221,175)
~17724		 1,743 75,101
17166D35 672565 666522 ~2764554 3312 16664375

4. DONATIONS DONATIONS AND LEGACIES
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
6 F 5
Grants from the
Representative Body ofthe
Church in Wales
Block grant 987,671 987,671 1,489,782 1,489,782
Other 1,796,523 447,196 2,243,719 1,724,201 221,175 1,945,376
2,784,194 447,196 3,231,390 3,213,983 221,175 3,435,158
Parish Share 4,196,837 4,196,837 4,210,477 4,210,477
Parish &School contributions 520 520 25,375 25,375
9 tt /8 t t 9 t 48535 4157 , 52 892 72 519 23,455 95,974
7829566 451873 7481439 7496979 279995 7766984

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
6 6 6 E 6 E
Support for ministry
Hospital
chaplaincies
Stipendiary
secondment		 20,719 20,719 26,828 26,828
Clergy school grant 3,000 3,000 3,000 3,000
Grants for work on parsonages 17,814 17,814 2,912 2,912
Support forparishes
Staff recharges 54,787 54,787 25,348 25,348
Schools receipts (3,483) (3,483) 19,030 19,030
Licence income 5 5 570 570
Church property
Grants for schools capital projects 143,749 143,749 382,950 382,950
Schools contributions to insurances 66,923 66,923 67,728 67,728
Communications
Directory sales, copying charges 10 10
75,028 228,486 303,514 74,786 453,590 528,376

Unrestricted Restricted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
6 6 K F 6
Bank and other interest
Dividend
and trust income
Rental income		 3,963
148,918
20333		 85
2,471
179219		 4,048
151,389
199552		 4,959
145,348
20,153		 3,751
2,317
202 602		 8,720
147,665
222 755
173224 181775 354,989 170,47D 208 670 379,14D
Permanent
Endowment		 4 471 5 421
35946D 384,561
Permanent
Endowment		 income ofE4,471 relates to Investments.
7. OTHER INCOME
Unrestncted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
6 F 6 E K
Community
Development
Fund
sundry
income		 36 36
Sundry Grant Income 69,442 69,442 54,221 54,221
Other sundry income 745 745
70,187 70,187 54,257 54,257

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
8
Support for Ministry
ti ends feesand ensions
Stipends 2,177,553 2,174,449 2,174,449 2,174,449
Curates' stipends 256,025 265,355 265,355 265,355
National
Insurance		 241,682 250,202 248,551 1,651 250,202
Pension costs 492,470 999,615 993,135 6,480 999,615
Apprenticeship
levy		 10,641 10,788 10,788 10,788
Archdeacons 48,390 54,918 54,918 54,918
Cathedral
staff costs		 96,780 99,626 99,626 99,626
Sector ministry
stipends		 72,585 78,625 60,871 17,754 78,625
Bishop's Chaplain 38,154 29,167 29,167 29,167
University
chaplains		 24,195 33,332 33,332 33,332
Vacancy fees 000 1
1		 10318
00 0
Council Tax 246,480 57 246,537 254,705 254,705
Parsonage
maintenance		 costs 415 749,887 750,302 871 707,370 708,241
Rent ofcurate houses 64,118 64,118 53,445 53,445
Parsonageinsurances 25 173 25 173 22 03 22 403
0 33 707,370 1,038,794
Area deans' expenses 278 278 105 105
Archdeacons'expenses 7,438 7,438 7,331 7,331
Removal costs 78,353 78,353 51,275 51,275
Bishop's discretionary fund 19,095 19,095 19,095 19,095
Miscellaneous 11212 11,212
8
~Treinin
Training costs of ordinands 280 280 1,390 1,390
Robes for Deacons 468 &68 3,000 3,000
Continuing
ministerial		 education 2,004 2,004 3,959 3,959
Readers 273 273 670 670
Clergy school
2,089 2089 9019
Support costs (nots f3) 58,587 51,263 109,850 68,383 46,151 114,534
Governance costs (note 13) 20,350 20 350 14517
78937 51263 130200 82,900 46,151 129051
.0 . 33 4,492,871 779,406 5,272,277

9.
CHARITABLE ACTIVIT		 IES: SUPPORT FOR PARISH ES
Unrestricted Restricted Total Unrestncted Restricted Total
Funds Funds 2021 Funds Funds 2020
F 8 5 E F F
Parish Share refund to parishes
Debt provision
Uppsala
bnk		 213,753
24,978
151		 213,753
24,978
151		 198,008
83,595
481		 198,008
83,595
481
Community
Mental Health
Chaplaincy		 193 193
Sector ministry costs
Transformation
funds		 251,439
10,000		 155,290 406,729
10,000		 227,535
1,016		 67,931
58,941		 295,466
59,957
Centre of Mission 24,224 48,508 7,674 7,674 15,348
Loan interest
Support costs (note 13)
Governance
costs (note 13)		 58,716
46365		 58,716
48,365		 62,902
34,502		 62,902
34,502
631626 179574 811,200 615,906 134,546 750,452
10.
CHARITABLE ACTIVITIES: CHURCH		 PROPERTY
Unrestricted Restricted Total Unrestricted Restricted Total
P~
Custodian
expenses		 Funds
8,218		 Fundsf
4,601		 2021
12,819		 Funds
5
8,218		 Funds
4,601		 2020
12,819
P
ert costsre churches
snd church halls
Diocesan Advisory
Committee		 55,405 55,405 105,841 105,841
Resource Church 306,348 306,348 2,551 2,551
Church Inspections 4,700 4,700 21,100 21,100
~Ch
h* h
Depreciation
Insurances		 19,468 491,723
69,444		 511,191
69,444		 491,723
65,969		 491,723
65,969
Option appraisal,
enabling
and maintenance
costs		 2,310 83,647 85,957 125,492 125,492
Bad debt provision
Schools proceeds release		 6,252
9,530		 6,252
9,530
Support costs (note 13)
Governance costs (note 13)		 8,405
5563		 24,204
6357		 32,609
11,920		 7,880
8,503		 22,534
364		 30,414
8,867
104650 987020 1 091,670 96,647 1,182,568 1,279215

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds 2021 Funds Funds 2020
6 6 E E
Grants to Church in Wales Bodies
Retired clergy and widows 6,900 6,900 17,723 17,723
Churches
fund		 100 20,500 20,600 3,000 24,919 27,919
Mission fund grants to
parishes 6,325 561 6,886 27,247 27,247
Support grants to parishes 1,206,590 1,206,590 1,422,324 5,257 1,427,581
Support ofretreat facilities 5,000 5,000 5,000 5,000
Llandaff Cathedral 60,000 60,000 60,000 60,000
Bishop's mission 8 general
fund 0 2,320 2,320
University
Chaplaincies		 7,818 7,818 10,805 10,805
Trecco Bay Mission 1,250 1,250
RB Emergency
Aid Fund		 16,667 16,667 16,667 16,667
1,303,750 27,961 1,331,711 1,545,043 50,219 1,595,262
Grants toAnglican,
Ecumenical and other
bodies
Penrhys
Ecumenical
Mission		 3,500 3,500 3,500 3,500
The Friends ofthe Clergy
Corporation
The Trussell Trust
Citizens
UK		 10,000 10,000
Community
development
grants
Miscellaneous 22,500 22,500 1,698 1,698
3,500 22,000 26,0DD 5100 100DD 15,198
1,307,250 50461 1357711 1550241 DD219 1610460

The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.		 The Board identifies
the costs of its support
functions.
It then
identifies
those costs which
relate to the governance
function.
Having
identified
its governance
costs, the remaining
support
costs together
with the governance
costs are
apportioned
between
the four key areas of charitable
activities
undertaken
in the year. The table below details the basis
ofapportionment
and analysis ofsupport and governance
costs.
General
Support Governance Total Basis ofapportionment
6
Salary Costs 152,776 26,620 179,396 Time spent on activity
General Office costs 61,847 3,948 65,795 Time spent on activity snd floor space
Diocesan conference expenses 3,706 3,706 Governance
Audit 6,330 6,330 Governance
Diocesan registrar 24,000 24,000 Govemence
Meeting snd other sundry costs 5,946 5,946 Governance
Legal fees 12,492 12,492 Governance
Legal fees (restricted) 6,357 6357 Governance
214,623 89,399 304,022

No remuneration
was paid to a		 No remuneration
was paid to a		 ny trustee or any person connected
with		 ny trustee or any person connected
with		 ny trustee or any person connected
with		 a trust ee
during the year		 (2020 - fnil).
No expenses were paid to any trustee, other than for travel to meetings where claimed.
Unrestricted Restricted Total Unrestricted Restricted Total
2921 2020
f f
Employee costs during the year
were
Wages and salaries 471,167 59,061 530,228 418,146 33,275 451,421
Social security costs 41,796 5,611 47,407 37,315 2,780 40,095
Pension contributions 36,064 3,544 39,608 30,918 4,580 35,498
Termination payment
549,027 68,216 617,243 486,379 40,635 527,014

Listed Secu rities
Permanent
Unrestricted Restricted endowment
funds funds funds Total
6
Balance at 1 January 2021 7,514,014 115,724 183,022 7,812,760
Additions 1,577,709 7,691 44,957 1,630,357
Disposals (1,624,032) (13,768) (38,563) (1,676,363)
Revaluation to market value 323,053 7,630 12,272 342 955
Balance at market value at 31December 2021 7,790,744 117,277 201,688 8,109,709

17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)		 17.
INVESTMENTS HELD AS FIXED ASSETS (CONTINUED)
The original cost of the above investments
at 31 December 2021 was f5,445,131(2020:E5,491,709).The above
investments
are valued at mid-market
valuation
on 31 December 2020. All investments
are in listed securities
and the
investments
are all less than 20%ofthe appropriate
listed company.
In 2014an additional
fund was set up with the
stockbrokers
to hold funds on a medium
term basis for income yield, but which is realisable to cash on short notice.
18. LONG-TERM LOANS
(a) LOANS-FIXED ASSETS Balance
Balance
1		 31
January
2021		 New loansl
Revaluation
6		 Capital
repaid		 December
2021f
i Unrestricted
funds
Loans to parishes and retired clergy
Retired clergy general
loans
Retired clergy equity linked loans
Total equals amount of loans received
from the Representative
Body ofthe		 126,000
307400
513,400		 (28,500)
~30,000
(30,000)		 97,500
357,400
454,900
Church
in Wales
General C loans 178,466 25,000 (33,735) 16g,731
Loan to Citizen Church
Loan to Llangasty
Retreat House Trust		 525,020
163,125
1.380,011		 25,000 (20,000)
~742,235		 505,020
163,125
1292776,		 ,
Split ss follows:
Amount
due within one year (current asset)
Amount
due after one year (fixed asset)		 40,447
1,339,564		 76,204
1,216,572
ii Restricted
Funds
Governor Loans 119621 119,621
Split as follows:
Amount due within one year (current asset)
Amount due after one year (fixed asset)		 25,667
93,954		 25,667
93,954
1,499,632 1,412397
Split as follows:
Amount
due within one year (current asset)
Amount
due after one year (fixed asset)		 66,114
1,433,518		 101,871
1,310,526

Unrestricted Restricted Total Unrestricted Restricted Total
Funds
F.		 Funds
F		 2021
F		 Funds
f		 Funds
f		 2020
Parish share
Provisions		 in arrears I 154,712
1042712		 154,712
~454 712		 135,846
~735,046		 135,846
~735.046
Loans due within one
year(see note 18) 76,204 25,667 101,871 40,447 25,667 66,114
Other debtors (due within
one year) 8,858 49,758 58,615 39,872 156,080 197,952
Other debtors (due after
one year)
85062 75420 160486 80,319 183747 264066

Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total
Funds Funds Funds 2021 Funds Funds Funds 2020
ariah Share
.bates 201,606 201,608 189,298 189,296
ther creditors 736,763 22,746 200 759,529 882,437 208,511 200 1,091,146
eferred
come
ovemor Loans 16,000
938391 30746 977 136 1071735 22,4,51,1 200 1 296

Balance Balance at
at1 31
January Incoming Resources Investment December
2021 Resources Expended Gains/Losses Transfers 2021
f 5 6 6 E 6
Retired Clergy Fund 123,554 3,248 (505) 7,708 (3,248) 130,756
Miss DJN Evans
Trust 40,983 1223 (196) 2,902 (1,223) 43,689
Anonymous Fund 42,758
207,295		 4471 ~701 4519
15129		 ~4471 47 270
221,723
The income generated by the funds can be used to further the aims ofthe charity. The income is transferred to general
funds on its receipt, with the exception of the Retired Clergy
Fund		 which is transferred to the Retired Clergy Restricted
fund.
Prior year comparative —2020
Balance Balance at
at1 31
January Incoming Resources Investment Transfers December
2020 Resources Expended Gains/Losses 2020
6 6 6 F
Retired Clergy
Fund 128,269 3,365 (580) (4,135) (3,365) 123,554
Miss DJN Evans
Trust
Anonymous		 Fund 42,748
40311
211,320		 1,267
789
(209)
5421 ~780		 (1,556)
2,447
~3,244		 (1,267)
~780
~5420		 40,983
42758
207,295

Total financ ial
commitments
under non-cancellable
op		 erating
leases are as		 follows as
2022 2021
6 E
Operating leases expiring:
Within one year ofthe balance sheet date 2,552 4,422
In two to five years ofthe balance sheet date 15 2,074
2,567 6,496

2021
Unrestricted
6		 Designatedf Restricted
6		 Endowment
E		 Total
K
Tangible fixed assets 396,618 14,645,050 15,041,669
Investments 6,227,316 3,000,000 471,231 201,688 9,900,235
Net current assets
Due after one year		 742,977
~452900		 849,076 1,146,599
~69955		 20,035 2,758,686
~524,855
6912011 3849 016 16192025 221,723 ~27 17~5735
2020
Unrestricted Designated Restricted Endowment Total
6 6 6
Tangible fixed assets 416,087 15,136,773 15,552,860
Investments 6,073,578 3,000,000 469,678 183,022 9,726,278
Net current assets
Due after one year		 221,990
~513.400		 527,025 1,070,379
72,455		 24,273 1,843,667
~585,055
6,198,255 3,527,025 16,604,375 207,295 26,536,950