REGISTEREJ) CHARTfY NUMBER: 244173 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR ST DAlDs DIOCESLY COLThCIL FOR SOCIAL RLSPO]%SIBILI'I'Y Xeilladin Audii Limikd Sthtyrory Audil0Th C'.haMergd Accowiiant5 SA313AL
ST DATrJDS DIOCESA COLTIICIL FOR SOCIAL RESPONSIBILITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 PaK¢ Report of ihe Truit¢¢s Report orth¢ tndepeDdent Auditorg StAtsm¢nf of FInnclal A¢11 B8lance.8he¢t 12 Cmih Flow Stterntttt 13 Ngl¢s to the Lgih D'lthw St•ternent 14 Iyvtu io the FlnaD¢l•l Statements 15 33
ST DAVIDS DIOCESAN COUYCIL FOR SOCIAL RLSPOISIBILITY REPORT OF THF. TRUSTEES "OR I'HE YEAR ENDED 31 MARCH 2024 The trusttctl pre%¢nt their rew)rr with the fmancial 5tatrTMts of charity for the yeaT ended 31 March 2024. The u$¢s have lopd pro¥'i%ions of AccountinL and Rerx)rtsng by ClwiLies.' Stsrnenl of RwummendL¥i Prn¢ti¢e applicablc kn chatities prq)aring their accounts in acconlance wilh the FinarKial Rewrting Stsyjdard applicable in thc UK Rrpublic Df IrEland ITrKS 1021 leffeciive l JamJary20191. OBJEcfivES AP4D AcfiviTIES ObjectIve8 and OBJECTTVES The objwlivc5 of the CoutLciI are gerral mornl lfare work in th¢ DLocese. 'I'o nurture familie% and 5trengtheo con)nwnili¢s by emp)wrriti8 famdies to brinB ak)ul )Sive chanBes in their liv. givit)g Iwpc and of bclonging. 8erM the DI of St l)atrids AIMS The aims of ¢hc Cvunld a¥E lo udvatKz its PUTw>se by. prenling %rKial R&8porn8ibility &% inte8ral pan of ihe Lhurch's ¥nission,' a881.qtin8 thc Church in ihc Diocese at all le1%. In idcniify arc&$ of wcial won%ibility. cnnccrn and T>Ctd 45%iJ¢illg the Church whercN'er the need LS identified. irr¢spe¢uv¢ of ¢re¢d. ethnic origins or othcr. re%ndIn8 in an Inblw¥ivc rDallner lo areay wj iwuei: givrng effect, IhrouEh Lls Plani Ikwi PTVjfft and in pJrtn¢rJhip fur (h. work with chJ"Idrtt4 youn8 pPIe and thcir familic5. in iheir communiiies,. pmrn¢?iin8 the engagemeni of pari8h&4 othLT Chri%¢ian Organition in i&sues of social rwonsibility, regtenerari¢yL wiai I1$bOn aThl social jsUce,. offering r¢sourff8 IQ Pmiilioners includitig conferettces Flicatio$ attd through the Di<eslln aTrJ Plant tkwi web$iie%', enabling m¢¢hanisms for mutual Aupporn and exchange to (KCUT between pracliiioners. P8rtictpating in k¢y cotnmine¢y. c(mfcrcTKes &j cvcnLS aTTangcd by chn$t1 dcMmination voluntary and 8tattiiory enLieis ai IcKal and national leveLs: wurking colioboraiively with other or$ani¥ati to arrznse conf¢rcrKc& txoduce publicaliotts and plan t)thcr joitii OBJErfivES AND STIL4TEGIES To work toward4 Iht IThple(allOn of Ihe ainL4 as 5twcd atovc by.. * the efforts of employed profession project wokn.. * th¢ ¢n¢OUrkHellt of Volun.. * the EWticipatiotL in pwfvrships.. the ¢xp¢n19e and ¢xperien¢e of iLs' officcr5: the paniLJpati()n in the RcSrrtilTr>1lity Officcr n¢tx)rk of the Cburch in Wales and othw Churchc& The m&in objective of the DCSR is to prote social re5rrf)nsibilitv a fUTrIamenr elernenl of a living faith as an irtlegrnl part of Church lilOn. Its Strdiegie% for Mchi¢i'iMg include 8UPWrting th¢ Work of Iwo further Diooesan ¢han'tic¥ - Plt Demry and Tir Dcwi who wotk closely Mryth di.wJiwrtaged faTnilie5 atMI Turai faTtning Eotntnunitics reipectivcly Hy a150 work8 pro-actively *ith wider organisatsoDs on a and nattonai level, th¢ DCSR 61riv¢$ identify area5 of concern. or need aAI re%p)nd in a non-judgmentsl w?y. SignifleaAI attl¥lti Thcsc includc thc folloNinE'. ' the Plant Project * the protnotiott of sUprted projects, iniliativts and ot8atiisatioAS, xn partulaT TirDewL Page I
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPOI%SIBILITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHTEVEMENT AND PF.RFORVLYCE cItAIR. VENERABLE EILEEN DAVIES ALHJI.-VENIENI'S THIS YEAR The boaTd coniittues to work with the W¥ernent team of PW a strategic 10 further 5UPPOrt farnili&4 the Diuctst. extendin¥ thankb. and grautude kn the wljole team for the love and bupwrt (hey lia¥c during the two dec¥ make a diffcreJKe in }'oung fathilies li¢5. Plani tkwi work in ¢onjunciion with other Drgani5ations. rteN'oTkittg and fonning parniehIPS. and in renwn young Moihus expre&4 tlir graiiwde for the.%upport they have TettiTred. which Ln.¥ome caw h&4 been life changing. The Dad's proJecL aLw impacted ma$tvelY ()n f8Jnilie live8, even to the point of sa%'ittut IivL¥. Yo grtaier tytimtsny than this call be exprts¥ed. The Council i4 delighied b}. the expansion of Tir D¢wi beyolld the Dicttse bui atso etKOUtaged lh¢ have becn opponunlties for Plant De tr> work alonKsi(J¢ by htlpin¥ Juun¥ familics llvm in rurnl aTeas. Thi$ exritiux litne of collaboralion al4) Includc% The Fourth ArchdtAronry and mcrnberp of the Children. Youth and F¥mily i&%kforce. Connxtions hav¢ been inadt wrth many other ch&ritios especially Iho¢t [($td T1nl h¢alUL Con¢¢rn a)[ lack of affordablc housing within uur coiiununitie¥ in rai¥ril thc Iknch of Hi%hop%. a% Mcll % o r¢4uN foi elanry rc8ardin8 the Ciiiw policy about the uxe of redut)d8ni and empt). ¢bur¢h properry. with referenc¢ 10 SUPKX)ning the Police in finding s&fc hai'erLS for viciims ol. abu$¢. TIK Rrel¥j Jwlin Arnoii 15 thc 8LKial RespOlbIlIty oificer and tnJ5trc. Justin r.nnlinued io expand hi.4 role, rFAi¥ing of the c4)nUTwJed Tred of wpport for it]vidual$ and groups of people of all oges throughout the Diwe8e. aThJ this was highlighted dunttg this >%ar of S8]t and bringing lo the fore the roc4 Dn SLripiuThl trxi¥ cnLvurd¥e us lo tct the need% of 1)thS "Lcl w 118hi JLi k,fore men, that they may e your good work%. and Aive glvry to your Father who LS Ln he4vett' lmaits 51. CIIALLENGEE THIS Yf.AR Finance5 conlinuc 10 be LhulleThging, xxurillg al funding intImIl in1pt upon the work of Plant Dcwi, I'h¢rvfiTrre it h&$ been ncCc&ry for the tnj$le 10 Bjve %nme addjtional support lo rhe Plani Dcwi m&n48ement team, to .wpport diffcrcnt projccls. Both Iru5tCC5 and 4taff are to be ¢ommctk4cd for their dcth"c41ion to thc WOTk. and rheir ¢oft¢ern for 811. Re.ebi&bli8hinB r¢ithtL(myhrpy neiing in person and engaging ¥ith LmA. 10 promole the work of the DCSR contitLue¥ to be a priority. Other ¢hallen8es hav¢ seen the tKed to help wxl support Tefu¥ecs. LOQKtNCi foRWARD DQ SR look¥ forward 10 feedb#¢k frtsm sbarrng the year of Sail aTrJ LL [SR 41$0 is I1ftg time lo look inwardly at t>ur remii purp(i¥t, #lld are &skin8 difficult queslinrLN (bf whether are tsking the well beink uur Dioc& qen0ly. Whole y5 of a&sei%in8 rrLlh1IitlG5 un our shoulders are plan. a% we iogeihcr wnrk lo further Hib Kjngdom in a chart¥in8 world &8 wc Iwi ott His Holy SpLrit to guide &s we alm lo reaeFL out to Ihoye in ttttd with God'% tranyfornting love. Ai Chair l exprr85 my 0[¢11 thanks to all who the WO ol responsibility within the Dioctse of St Dtsvid's. ag we together endeAvtFur lo uphold our(knln principlas. Page 2
ST DAVIDS DIOCESAl% COU]%Ctt. FOR SOCIAL RESPONSIBILITY REPORT OF THE TRLSTEES FOR THE YEAR ENDFD 31 MARCH 2024 PLANT DEWI REPORT- C.ATRIN Tr'I.DKF: AC.Illb.VF.MENrs'rHIS YEAR PIBnt Dewry groups atyj centras hqve conimued tr> prowde hol15tlC SUEV)rt to hm111, CTLsuring thai ¢hildren and their parertts are otTered quality time to ejOY together, to bUd relatioDthps and io take pan in free of ¢haTge atytlVlLies su¢h as baby mas¢4g¢. Tnes5y play. erafis. ph>JiLal sry and soog. ouidoor walks. partDtiDb pry)grdJntnth. vu%its from othcr Hgencics, shon course5, cooking, gardem"ng, milfulne&S altd wellbein¥. outings and tnps Hs rI1 a5 one lo one %UPTK)rt on a range of Illes. (h.tt thi¥ pwiod. [arlY 2800 families have acc&4sed Ploni T)ew %crvicc4, 2.5.1 referr% mllde the Baby Bun(ll¢ Bank. Plant l)rni hHv¢ had op)TL1t1¢K 10 Taisc awareness of the work through welroming Simon Lloyd Chief Execuiive. The Rcpresentatsve Body of th¢ ChuY¢h iti W8lcs. Cefjn Campbell, Xlember of Ihc .Senedd fnr Mill 4Liid Wysi W#les, and Julte Morxaa, tkpulS' Millist¢t r(Trr Swial Ser¥'lL, slaff 8upported the c.jwn lent at th¢ Urdd LisRddfod in Uajjdoverv Io prode actsviti¢S children and Radio C5ltvu broadcast a Plant l)cwi service on Mothering Sur¥Jay. Thc management leam arml mLSte¢% have cortlirttsed io TrYk with the l.loyd$ Foulldttion Etthance Pn)gramme aTh4 recthi' slJPPOrt on finance rrwiagemenr, safeguardinx policies and gtsvernance, A Team Day w?s held in July for stsff to Spend time sharing good prnctice. consEdering the netd¥ of f4n)ilies and the IM¥1 the prujerts have on them. The team al¥0 enjoytd a retreat in May and a Chn'%tma5 Raihering in December which wcr¢ upw)rtuniti&¥ tTr thank %taff fL)T all their hard wrk. 5 Jnemiws of51alT r¢a¢W ihr 2(l.yYxr mile%tDnc and reccived a 8ift of thank8 for their dedl'cated seTric¢. 11 w ideniified ¢arlv on in thc ycor thai the h0o7 IlIdaYs re goinB to be excw101IY difficult for farnilics in light of the iosi-of-livinu ¥ri¥i%. Plun( Dewi proJeci¥ Mere able offer a Tan8e of crafi and play 5ekniLlnS, uutsJLK)r and tripy and outings 10 familJe% who woyld othenvise wi h•v¢ gon¢ artwvhere. Thi%. aloo84ide the 2-day F'amily FUTr l)oy hcld 41 the Hntanic liardcns nfwales dunnR (kiotw half tenn. aitracnng nearly 1.50 familic& CTLsured ihat furnili¢. wkn have b¢en imp¥t¢4 by th¢ co¥l-of.livin8 cmi8 ¢oJld enjoy creaunB mernorie6 together. CHAI.LtNGES rTrus YEAR sSt&lnabIlity of projec continu&% a ¢ballenge with fvnders reporling Ih¢y are ov¢rNulx4cribed and ¢he number of individual8 donating to chttn'lits 1% dLxTeAsts. li 15 becomm ¢wre dLfficuli 10 vure fiJndin# and Prrijcctx arc nccded more thatt ever. I.I)()KINti FURWARD t)ue to thc increasing dcmDnd for Plant l)c¥%i scNic¢%, following a sueeessfijl ippli¢4tion (o thc Voluniccring Wolcs Main Grant. a Volunieer C(X>Tdinainr will bc appoinrrAJ lo r¢rruiL train and rrlain %vlunt¢ets to %upp(>rt the work across thc diwese. Work is on8oin8 on consuliitig 7th familie5 and rommunilics lo emble Plani D¢wi to fundin¥ that eel local needs. As ¥y5. the manag¢meni team will continue 10 ensure that wror¢¢ wellb¢ll)g 1$ a privrity. SOCLiL RESPONSIBILITI, OFFICER- REVF.REND JUSTITh DAVID ARNOTt St David5 DiLKesatt Ct>un¢il for S(*iaJ RtsiJ(m51bility (DCSR) laUncld the Dio¢ Year ol bo¢iai Rcspornsibiliry, knowi the Year ofsali and Light. at the Dioccsan Confercnce. The objertive bcen ti) hiBhli8ht differertt ar£&$ of Swial Re8wn%ibility generally, whil¢ also encournging those working in rhe vanous are&3. I'ollown8 the iheme of 8alt and Light. the mcssa8C 18 on the Sall tht'ngs thal do hab'e a The added outMe of allong the ISR to idelluty n¢w or additiotu] projects. Mill ACHTFVEVEKfS THIS YEAR Launched the Dioce) Yvar vfsorial Rc¥M)Th%li )ility, Year of Sa]t and LighL * the Diocesan Conference. On8Otng and SIting and cncoungemcni of multjple Plani Dewi centrL4. CHALLENGES THtS YEAR Page 3
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY REPORT OF THE TRLSTEES FOR TllE YEAR ENDED 31 MARCH 2024 Sircn8thening the tDeThbtT5htp and of the DCSIL Wjdening the activities of the IR. FINAYCIAL REVIEW FiDftn¢i•l position $ at 31 March 20?4 th¢ t]writy had free reserv&s of £•98.768 the TtriCted Plgnt Dcwi fimd. Prln¢lpal fuDdln8 wur¢ Thw carmann.h7r¢ and Leredi¥ion councils. These funds bave enabled the Council to coniinue with its. objwtives ofsupFrt)rting familie8 with )Dung ckn'ldren In the Dioc. InVtrnent pn14¢v vlnd objiytivei Detail% #re contained in th¢ financiol %tatements. Inv&smts are noi Thde in comrleS efi8a8 si8nifi¢ani degree in annaments, alcohol, ¢obac¢o products aThJ compaDi&q invol&a in p)rnogr4)by. Inve$un¢ni objectives are to achieve long lenii grrth Iwm iL% equity investments aud a nlStiC ity drposil fi]Jxds'. Reservei polley It 1$ the wlicy of the Loun¢il to TnBinlain fre¢ re4ervc5 ai a kvcl sufficieni fvnd the core auivilicx of thc Plant Dewi cetttrdl kam and 10 supwrt the continuin8 work of th¢ %oci81 Rtsw>Thsibiliry ()tTJcer for a rthod of appmximately one year. The fin8n¢ial poyrtson olthe Council is healthy. FUTURF. PLAf4 I.(K)KING FORWARD This iomitig ycar, Ihere will be ll fcjcus on tmfi wa)% of iome gcmtion. irlUding di¥ithl fiJndraisin8. W'ork will also continue on the five-year %trdiegy and how l(1 develop the eurrent ML)rk io en4uTe famJli¢s can ats$ the SUPSK)rt they rwuire. Sthff wrllbein¥ i.¥ a priority and this comin8 year. tearn buildin8 and ream Tetreai day5 will be offered once again. i)r.8K ftrc lookn.ng forw#rd io sharing tk ar of Salt atld Li8hL as we wgether work to fijfther JTi$ Kingdom in ¢hanging world &8 we Ivdn on Hi% Holy Spln'i 10 guide us &$ we aim rea¢h out to those in nec41 with God'.% tra$[Om11ng love. STRUCTURE. GOVTr.'IiNANCTr. AND MAP4AGEMENT Cwovtrnlng dorumeDt Si l)avids Diocegan Council for CtsrpoTEte Respotwbilily I'The COU11.) rE8iiiered as a charity in 1965. It L controlled by it$ governing d(TrI. a decd of ffi]si fQWti¢Utr5 an wiitKorporatr4 charity. Recrultment Ind 8ppol#tm¢nt thf truste TnLs*es ott appointed b). virwe of th¢ Wihty of thcir officc in thc DI¢$¢. by clection of Council. or by inent of the DiiKesan Bishop. Page 4
ST DAVtDS DIOCESAN COUNCTt. FOR SOCIAL RESPONSIBILITY REPORT OF THE TRUSTEES FOR THE YEAR ENDF.D 31 MARCH 2024 STRUCTURE COVEILNLYCE MANACEMEyr structure Si Dai'ids Dioc¢saD CouTKiI for Social Re5rrfTrrLsibthty IDCSR) is Pd regixtertsl clwiry 8tsd PJ8ni is its main ra'[Y support project. Ilishop of Si DavJd5. The RL8ht ReNd JIMDna Penkrthy. is its. Prthidemt. Ven F.Ileen Davie. iLf Chairp¢r%>n aionE a firther 15 Council Memhery of wthLch the Chair and 5 mcmber5 are Ttwteu. ThAttL$ 8re extended to Reverend Delyth Wilson for 011 her ItleylP. gLtidatKe atyl hard Work over the year5 as Cknir ol. DCSIL DiolLh. 'Ile CounLii tnttts 6 time& a yrar lo marC atKI ¥yide its &ffairs. The CouncAI is a mix of iaily and ileri, yll with an intcr&¥t Jn the wrial wrllbcing of the pcoplc of81 Dad.5 Dior<¢. The Itu1¢ ttsgethtr with the c(hopred arKI tlectrd MbLY5 of the Ctsun¢il Jre Mwnsible for policy nkIng 'ch is implement¢d through the Di(KcwJ Social liespoTrsibiliry oificer The Pjanl D¢Mi pn)je¢t whi¢h gi>e% effect the CounGil'¥ work childrell. youn8 peq>le I4 families in their cornnwnity. 15 under day-lthy control of the ProjeGt MAna8cr. Key mfinliement remunertloD Key ¢men¢ co1&t of thc Proj1 Manager aTMI Farnily Supwrt Mhtwg¢r. Salaries are on NJC payal%. Rlsk ZD•nAg¢m¢nt The have & dury 10 id¢ntsfy otrj rthryew risks w whx¢h the charity iq exed and to en%ure appropriate ¢on¢n>l& aye io pla¢¢ tt) provide M50ble agai$¢ fraud atyj ermr. The trLLStees actively review the tnsjor ri*ks which the Coutteil facts oll g yeIar basis and believe th mtiintsitiing free re8erv¢s 81 the l¢veLs will provrde suificient rtS0111¢¢5 Ltt thr ev¢Dt of adverse conditions. Ini¢m41 rigks are tjiir>iTiiI1 bv ¢k. implcmenl¥iJon ofprLxaufes lor su)tiOn ofall transa¢tion¥ and projecL4 al to ¢nsur¢ wnsislcnt quality of delivery for all operniional of the Council. REFERENCE AND ADMI.YISTRATIVE DETAILS ReRliiered Charity ffjuniher 244178 Prln¢lp¥l Iddre 21 King Strcet CarnarLhen CamiarrhetLshire SA31 IBH Trusieei Rr Rev I S Petsberthy1tt5id 31.7.23) Mr8 J tl Shaw Irt%1[ 2Q.7.2.1 Rev Canon D A %W'i150n Ire51grKd 4.7.241 Irs M Bound Rev H Niiholls Ven M A Farah Rev J D ArM)tt Ven R H E Davies Rt Rev D Davies lappoinled 29.11.23) Page 5
ST DAVIDS DIOCESAN COUNCtL FOR
SOCIAL RESPONSIBILITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFF.RENCE AND ADlINISTRATI1'E DbTAtL
Audltors
Xeinadtrt Audit Limited
Ststutory Audiu)rs and Chartered A¢counlgn
24 LAmm&8 Srreec
Carnidrthe
SA313AL
ST ATEIIF.f+T Ob I'R115TP.Tr:5' RESPOI%SIBILITIES
The tnLSte¢s arc responsibl¢ for pf¢parinb th¢ RLwfT uf the TnstetÉ and the fJnatKJaJ s¢alcm¢tsts ID acwrdaoFc with
pplicuble law and Utiiicd Kingdom A¢countrng 8widtrd$ (Uniwl Kingdoni Generallv Acc
REPORT OF THE INDEPF.INDF.NT ALDITORS TO TIIE TRUSTEES OF
ST DAVIDS DlnCESAN cOUc]L FOR
SOCIAL RESPOYSIIIJLITY
We havc auditr41 the financial statements of Si Dai'ids Dirtesatt CouttciI for Sotia] Rtsponsibility lthe'Lhanirf) for the
year cndcd 31 March 2024 Fthieh coJJJpnse the .Stsitment of FUknwcl Artiw(i&%. th¢ Balancc Shec( the C&sb Flow
oud nol&% io the financial s1aieti1en in¢ludth¥ a SWTnw of significartt &¢¢ountirtg poli¢t&. The finftncial
reporting frarnework that has bceTr applivl in th¢ir PTrwaratiou is appllcabk law aud Uniid Al¥uunl¥
stH&T4 (United Kill8dom G¢neIlY A¢¢eptcd Accounting. Prncticel.
Ill our opillion the fLnancJal 8tatenxenL¥.'
give a true at)d faLr view of th¢ statc of th¢ clhaTiWs affairs as at 31 March 2024 and of its iDcorniTrg resourccs and
application of regourc&%, The year then ended;
have b¢en properly prepared in weordance 1h Unl Kin¥doTn Gcncrally Arcepled Accounting Prnctice..
have been prepared in accordaoc¢ with the rniuirements of the ch"ll¢s.4¢t.?0l l.
BH¥ls for oplnio
We conducted our a11 in ac¢oTdNrKe with International StsTh4ard8 on Auditing (UK) {TSAs {UKI} 8nd 4)plicable law.
()ur Teyponsibihtics uThler ¥tsndards are firthcr de%cribed ift the Auditys, rtsponsibiliii¢s for the audir of the
financial siatemcni% wtT()n lif Iiur rert. We are md¢pen(l¢oi ofthe fyhaniv in o¢¢orddn¢¢ with the rthi¢41 r¢quirrments
Ihkl are relevafti to our audit of the fith•n¢ial %1al¢Jlts' iu thc UK. including FRC% Etl)iCdl Standar(l. and we lia¢
fi]lfill our other ethicBI re8pon5ibiliiie8 1rt a¢cordaTe tkse rcquiremen We belie that the iudit evidence we
have obiaiuLJ is sufficieni atKI appropri¢ ¢0 proiide a b&8i% for our opini.
C.onrliislon5 relitlng to golni eomeern
In audiilng the filne721 %lalLrn¢nL¥, ha%'e cthKlydLxI Ihw the trws¢¢¢8' usc of the goitig ¢I)eM bagis of a¢¢ounting in
the preparAuon of thc 8threttKnts 14 appropriate.
Based on the hab'e perf(Trnned, ha%'e thniified any maierial uncertoinLi¢¥ relaiin¥ to evenLS' or ciindiiiulL4
that. indii'idually or collectively, may ¢a$t $ignLficant doubt on the charitys abiliry w ¢ontinu¢ as a goinki concern fL)r
reriod of al least Iwelvc months from the financial ytsment5 are aurised for issue.
Our responyibiliii¢s And thc rosponsibiliiirt.
Other thlormltlon
The InL¢ees ar¢ ff$p(IL41ble for tlK olhcr t0tIOn I oihcr infornviion ¢omkYiSQ8 the illfomiation included in the
Annual Repon, other than the fJnatLcial 8th1tmts and our R¢pon vfthc p(Jni Auditors ther¢on.
l)ur opinion on the firwKial Nlatements dots not cover the other infomatiott and. except to the extent otherwise
expli¢ttly stated iti (w reporL we do not expre 8ny fomi of awrance ciwlu510D thereon.
In Conc1l9k r.ur &udit of the finwKial.slai¢mvnis. ow [r51b11ity is to ftad thc other infommtion and, in do8
so. ¢onsidcT whether the othcr inforniation is maierially in¢4m%i%ieni wilh the financial 5talemen15 OT our kno.ledge
oblRincd ID th¢ audit or oilKrwse &pp¢ars io bc [TL¢TI811Y mis%Wcd. If we idcniify such material incoTLsistrrKies or
app3nI material L%latements. we are requiTrd ¢0 dtl¢rmine wh¢thcr thLS 8ive5 rise io a rnaierial misbralcmenl in the
financial staiemenLs thenlqeli'es. If, b&stsl on the work haNe pufonne4J. wr coJKludc thcrc is a inatcrial
inisytatornent of this other infornLation, are reqlsir to rqM)n thal fath. ha Th)thin8 to ryort in this regard.
Matters OD whlch we #r¢ reqmlred tfr report by exteptlon
We have lloihin¥ t() rvwrt itt rtspecl of the lollowing matter5 wlwc the Clwities {Acwts ¥tMI Rwn51 R¢gulatio
2008 requkres lls LO report to you if. In our optnion."
infonJJAtion ¥iven in the R¢wrt of the Tntrs is in¢orJsistrnt ia ally MA1&] pect the fiiianGial
5talen)L¥." or
sufficieitt a¢cothknng reco% have Dot been kept,. or
the financiAI Staterrteftts art t1 in a8r¢crJent Trith tho T¢4>rdB Tytsuns. or
we have not rettived all the information rxplanation5 quITC for ouraudiL
Pagr 7
REPORT OF THE ]NDEPEDENT AUDITORS TO THE TRUSTEES OF ST DADs DIOCESAN COUIICIL FOR SOCIAL RESPONSIBILITY R¢spoMglbilitles of trust¢41 As explaina llre fully in 8tstement of Re&p)JJsibiliti4 the ti51Th]e for the preparation of the finala] %tatements which 8ivc a tr and faLT vicw. aud for sucb inicrnal control a5 the trustees dctCTtn]ne 1% necessary to enable the prep8ntion of s&tements are free mtiteri miKtatemenL due to frnud or erwr. In prtpann8 the fllJaDci21 statemenis. the In1¢¢5 are rtspo1ble for thc chariws ability to colltinue as rt goujg ¢onceTfL diycloslljg, &8 dpplJidbl¢, TnailcTh reled lo &(>in¥ £¢M and ¥1¥ the %nin¥ uJnc¢rn h&si% Trf aGcoun11118 UnlE thc trsle&S either innd to liquidhtc the charity or to Ce operation4 or have no realistic alternativc but to do Pagr 8
REPORT OF THE INDEPENDEIIT AUDITORS TO THE TRUSTEES OF ST DAN'tDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY Our responsibilities for the audit of the fllwi¢lxl statements 'e have bcell appoinied a5 auditors Stciion 144 of the Chariti¢% AGt l atwl rew)rt ¢rJ accordance wth thc Act and Ttlei'ant TegulatioLs made or havin¥ effwr thereunder. Our objectiwes ar¢ io oixaxti reasonable a]rance al1 Whe the fina181 sraiemetts 8y a wknle ate free from mal¥nal missldlement, whether due lo Iraud ur error, atm4 to 8 RcJx)rt ofthc Indctnden( Authtors thai includes nur opinion. Re&$orLable r7CC is a high Ivwvl of assuranLY. bui Is noT a Liuiiraniee thai conducia ili accordaDCe with ISAI (UK) will detect a roaierial $$ttement wben it exjsts. .Isstatements can arise from fraud or error and a ¢on4idercd material Jf, 1VIdUallY ot in thr &¥¥regaie. thcy tuuTd re&qon8bly be expexied to influence thc ee0tniC decisions olLLsers ¢&kL on th¢ bdS)s ofth24e financial %tsi¢menL%. The cxt¢nt to which nur proc1¢$ are ¢apablc of deltiB iryrguiari¢i¢%. ijjcluditig fraud is detailed below. Extent 10 whEth the iudlt was cotsdered tPAbie of detectine irreEul#rltlu, includillE fraud We identify the of matrnal m188emen1 of the fancIal stalemen. ether due hud or crror. aud then deligtt and perform audil prnxedure5 S[M)L$lYt lo thNe risW iKludin8 obtsinin8 ei'idence that ib suifjcienl Bnd appTopriAr¢ 10 provide N b15 for OUT opinion. IdentlfylnK &Dd usejiing potentlxl rlsks relted io irrryularlll In idcnlityin¥ and 8ss¢ssin8 risk¥ of ujaienal mjystalemcnl in respect o( irregulan'tie& includin¥ fraud and nO[OmPlIanLt th laws And rcxulauom. considered the followryn8'. . the nature of th¢ and 4CCtor, control enviroDTDuLt and blnesS pcr10rtnarC including thc dv4ign of the Charily'm remunm¢ion poliiieN and pcrf(rmwKe tar8cts: - Te$ulLS of our enquiries of maDageoient th¢it id¢niifiiation and of the ofirregulAriues' - Any mAtters we idcniifjed having obtsined and reviewed the Chan"tys dUMentsU0ll of ¢heir lIcIe¥ and pro¢edureg rela¢ino u).. - idcnlifying, evaluating Conwlying thith laws rtgulktions and whedr thty were aware of ary in&taTMS of nonconipliwice. - detectin8 and resyonding 10 the risks of fraud and whether they have knowledge of any a¢bJal. ¥pc¢tcd or alleged fraud., - the inlern21 ¢ontro15 CSt8blished to rnii?gaie ri8ks of fraud or wn.eompliat with law5 and regulauon5.' - the mstter¥ di%¢cd amoii¥ the audit en%a8emeni ieam 1rdIn% bc)w and where fraud mixhi i)ULur in Ihe financial t4t¢m¢n18 attd any poteniial Indica of fra1. A¥ a resuii of these pr(Kedure5. w¢ coLsKkred the LlPWrtuniiie¥ in¥¢nvts thai my exi¥1 wiihin thc organisauon for frniid and identified Ihe grcaiest wiential for fraud in rel81ion 10 r¢v¢nue recoRniuom In ¢ommon with all audi1% UnLtcr (UK), we are alKI Te4uird Ic) perfonn ¥cific p¢dr&S to to the risk of mtsnagcmeni override. We also obtained atl under8tandiftg of the legal and regulatory framcwork¥ that the Charity opcAt¢s i& fo¢]ng o provisions of those laws and trgulalior15 thwt hBd a direcT effea on the deteInall0n of material aUnts and di*clo47¢S in thc finaftla1 Statemenis. The kcy and reguiatiorLS cottsAdertd in thi8 contcxl iocluded the Charitics Acl 2011. In addiiioo coL%lded proi'i4ions of other law¥ and r¢gul81iun% thai do tjot havv # direci eifttl on thc fanla1 $talcmcnLS bui complL4ncc FJith 74thich may be fujjdamental to the Chan"Ws ability lo Op or to awoid a maicrial penalty. 'I'he5e itxludcd r(rylianc¢ with Hcalih aTKI Safcty le$larIon, Fjnploymeni islation and Dats protec11017 laws liticludill8 G¢n¢t31 Dth Proleciion Regulatso IGDPR). Audit respon to ri$k idenlllled A$ a suIt of FKrforming thc aknye, w¢ Ml¢ntifKd venUe rerA)gni¢ion a kcy audil rna¢ier rclatcd to the wtclllial risk of fraud. OUrpredUre5 to reswnd io risks ideotified ]ncludcd following.. - reTriew'in8 the financial 5taicmcnt di10VrE5 and ie51in& w 5upwrtitig d(Kullxelltstion tts agsess ¢otiipliall¢¢ with provi%10¥ of relciTrnt and T¢gulaltvnN des¢TJbed as haNig a d]rt effed the financi statements" Page 9
REPORT OF THE IYDEPENDE_)T AUDITORS TO THE TRUSTEES OF s'r DAVIDS DTOCESLJ COLTNCIL FOR SOCIAL RESPONSIBILITY . enquirin¥ of managcmenl concerning #ctual and potentiaj liligall a1 elaims. - pcrfortning alla]iCal procedures LO identify. any unugJal or unexFtaed rclalionthi.ps thAi may lltth.calc risks of material mis8taiemettt due to fraud: . rcaiying niinuie5 olmeetiti85 of those Chtrged with goN'enwi¢e a1 the senior maoagemeoi team: - In 8ddT¢85ing tht risk of traud thrDu8h management o¥erride of L4)Otn)Is, iesiiti% the appropnaieness oljournal entries and other adjt¢nts,. assessing uthether the jud8emenLS made io makmg accouni]n¥ ¢%tillJalcs are indthcaljvc of polenual bi&%. 8Th1 ¢valuating sine&S Taiion8le of any.sigThificani traTLWCtiOnS are unusual or ouiside the norn7 ¢ourse of bw%ineb6. We alw cnmrnunicated relevant ideniified laws. re8u]l0 and sX)tcntial fraud risks to all engag¢m•)( t¢2m mejnbers and remaincd alert any indi¢ation4 of fraud or noncompliance with atxl regylaiions thff)U8boui the audit. A further driPti1)n of our rc4wnsibiliiies for thc audit of the fthancial state]ts 15 located on the Financial Rq)ortin Council'.% wr811t ai TATrW.frc.org.uk'auditsip4re4p(KLsibilili•. This deKripii(In forn% part of nur qtt ol the Indewdeni AuditoTh. Irx ofour report This KPOTI i¥ mode solely the charitys tnL¥te¢s, a body. in accordwe Pan 4 of the Chariiies I,IccowJts and qMFrt41 Reeulaiinns 20(IX. aiidit wx)rk hos FKen undcrt8k¢fi w thai wc might siaie to the ¢hantys twstccs those mair5 we Afr Tequired 5tatc to thern In an audJloT%' AfMI for r¥) other Purp(. To the fulle8t eyient perTniitrd by 12W, I4t do not accept or a%%ume r¢SnsIbIlIty lo anyonE other than the cbrity and th¢ ¢twi.S tNst¢¢s a body. for )ur audil work, for thk¥ re. or for the opinions we hve fornK Xé.¥4j XeiThJdin Audit l.imid lalutory Auditor% and (.'h&rter•J Accountsnts 24 LaMrn Street Cdrn)arthen Camwthcn¥hirE SA313AL Page 10
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPOliSIBILITY STATEMENT OF FINAI%CIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 31.3.24 Toral funds 31.3.23 Total fun(Ls Noies LYCOME AND ENDOWMEfiTS FROM t)0rtotitsns and legacie5 319,?46 319.246 393,115 Charltible act111¢ lamilj ¢¢ntr¢s r)ihcr prthje¢L4 326.764 66 38.574 248,184 326,764 66 38,574 248,184 309,526 5.120 36.821 263,002 childr alld Communities GraDi Other trading actiyitics Inva5thl1 income 3,167 9.2A9 3,167 13.98ti 4,318 6.998 4.719 Tot 4.719 945.270 949,989 1.018.9 EXPENDITURE ON Xaiyin8 fund 14,126 15.916 15.448 ChArltiblt a¢tlvltle& Family cclltre5 Flying 4tsrt ()thcr projcct Othcr CliilJren Con]n)unitie8 GThDI 348.6?7 348,627 330.281 215 213.599 10,747 320,637 211.424 4.932 327.872 211,424 12.218 327,872 7.286 TolAI 9,076 906,981 916,057 890,9?7 NET tNfOMF.IIV.XPF.NDrruRV. ther recogD15ed galnx11l¢)e5I G4itwllos¢t.41 on rcvaluation of fixed u55Cty {4.357) 38,289 33.932 127,973 72.715 7,741 ,iJo 1,586 14,412) Net moTrement kn fllndi 68.358 46,030 1.130 115,518 123.561 RECONCILIAI'ION OF FULYDS Totsl ti]nd5 bry)ugh¢ forEs¥rd 110,874 798,16R 20,080 929.122 805.561 TOTAI, F(JNDS CARRIF.D FORWARD 179.232 844.198 21,210 1.044.640 929,122 The nottt form part ofthe5e fioallcial Siatrments Page 11
ST DAVIDS DIOCESAN COUNCII. FOR SOCIAL RESPO.YSIBILITY BALANCE SHEET 31 MARCH 2024 31.324 Tota] 31.3.23 fimd fid$ Notes VIXF.D AS8F,TS Tanyible aet8 Investtllents 13 14 108Jl8 156,371 275,106 264.689 357.016 20? 338 348,144 21210 168.318 432,177 21.210 621,705 550,482 C.IIRRI:NT LF.TS 15 16 235 68J32 375.112 235 69272 385,375 486 107.322 302.944 L)ebtors Lash at bank and in h&)d 940 10.263 11203 443.679 454.882 410,732 CREDoRs Amoun¢s fallittg duc within one 17 {289) (31.6581 131.947) {.32,1121 NTr,T CURRENT ASSbl'5 10,914 412.021 422,935 378.640 'I'()'I'AI, AK4>:I'5 l.b:SS CUEUiL.J'T LI.IBILI'TIL 179.232 844.198 21.210 1.044.640 929.122 NET $F.T5 l79232 844,198 21,210 1.044,640 929,122 Tr"LNDS UnreslriLILd fundh. Re%lrict£d funds .ndowmenl funds 179,232 844,198 21,210 I10,t174 798,168 20,080 TOTAL FLNDS 1,044.640 929.122 Thc fi ci Stalenn wrre approved by the B(yard of T[Ptee$ atKI authorR5ed for issuc .. and Nrrc s18r on its lthlf by.. (Illa, M Bound- TTUStee Tr Wie5 forTh Oi tr*s¢ fjnancial ststenrnts Page 12
ST DAVtDS DIOCF.SAN COUNCIL FOR SOCIAL RESPONSIBILITY CA.SH Ft,OW STATEMENT FOR THE YEAR EI%DED 31 MARCH 2024 31.3.24 31.3.23 Caih flows from oper•ttn£ ¢1115 Cash EcneTaied from 0d()S 68.442 61.563 Net castl provided by oper8txn8 activitL&S 6R.442 61.563 Caih flows from InveJthLg cthrftl Sal¢ of tangibl¢ fLd $¢L% Inlere%t re¢eiv D]ideodS received 11.259 2.729 3,322 3.676 Nel Lash provided by inveuiir* a¢liviiipi 13.989 6,998 Chan%e ltt clih #Dd e#sh tqthlvalentj In Ihe rep•rting ptrlod C.Ish And eash oqulvil¢ni$ at ihe beglolllns of ihe reportlhR period 62,431 68,561 302,944 234,383 Ca>h and f ash equivAl¢nti 4¢ the end of Ihe reportlnR rI0 385 J75 302.944 Thc ft0 foTm partof fiTWLcial statctt)tnLs Pagc 13
ST DAvs DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE CASH FLOW STATEMEYT FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATIO.N OF.YET IYCOME TO liET CASU FIA)W FROM OPERATtThG ACTIVITIES 31.3.24 31.3.23 et ID¢omt for the reptsrtlng peTlod (1 per the Statejnent of FItIll Artivitieil Adjtsylmtnts for: Depreciation charges Loss on dAsposal of red IDterosl Tcc¢ived Dividends re¢eived DL%re&%e in sl(Kk8 I)ecreaseJlincrcase} tn debthr¥ Decre&qe in cr&11% 33,932 127,973 10.286 76 1112591 {2,7291 251 38.050 1165) 8,688 (3.3221 (3.fi7hl 1,420 {62,064) 17,4561 ¢1 ¢ash provldtd by opraOnI 68.442 61.563 ANALYSI% OF CHAliC.Tr'% 1.% I%Tr.T FIINDS At 1.4.23 C&sh l]ow AtJl.3.24 el tash LB4h 21 batjk and in hond 302,944 82,431 385,375 302.944 82,431 385,375 302.944 82.431 38.5,175 The notrs form part of thL%e financr swen*nL% Page 14
ST DAVIDS DIOCESAN COUYCII. FOR SOCIAL RESPONSIBILITY NOTES TO THE FINANCIAL STATEMENTS OR THTr; Yfr:AR ENDED 31 MARCH 2024 ACCOUNTLNG POLJCIES BASIS OF PRF.PARIYG THE FIlNCIAL STATF.NIF.YTS The fiTwcial 51atements of thc charity, Nthich is a public be]KfJt rnuty under FRS 102. bav¢ been preparcd iij acLordance with ihe Chariiies SORP IFRS 10?) 'Aceokmiing and Rewrting by Chdntie%'. Staleineni of Recommended Practice appliL4ble io chariiies preparing their accounLs in a¢¢ordan¢e with Ihc linancia] Reportir Standard applicablc in the LK And Republic of Irelarwj ffRS 1021 leffettsve l January 20191,, rinancial RcrK>nin8 %tan(iqTd 102 The TrinanLial RqMIrtULg Siandard applicable in the UK and Republic of Ireland, and th¢ Chankn¢s A¢t 2011. The statements have bccn prepared under the hi%tOriC81 co$1 convention. with the exccpiioft Df inve$ttwts which ore Incl at market lUe. &s m(MJified by the rewalu8lion of certhin &WL8. TNCOME All inLomc is roco£ni5ed in the Slateineni ol" FinATKiaJ Acnwtscs oTt the ¢h#rify has entitlem¢nt 10 the fund6. it Probable that the Iorne will be rx¢ivcd aTrl the amouDi can be me&wr&J lIablY. F.XPTr.NDfTUR I,iabiliii¢s are relognised as ¢XP¥iMlilur¢ ¥wii as there is a legal or constru¢tive Obligation ronuwiiing the ch&n"ry to Ihai expendiftjre, 11 14 probable Ihai 8 tranifer of eco1Mie benefits will bc requir in seiilemeni and thc amnuni of the ohljgaiion ¢Jn be me&sured reliabl).. PxpeThlimre 18 accnunted for on an aLcrual8 and h&8 b¢¢n classified under beadin thai iggr¢gat¢ all cosi fflaia to the u40ry. Where cos15 cannot be directly al¢ribuled 10 particular headin¥s hDv¢ allo¢wed 10 a¢lille5 on a bat4LS ¢ofL4L%lenl 1th thc 5¢ uf (if8nis otTcred Subject to coJJdi¢ion$ whieh havc mct at the ¢nd d8te are noted &y D comrnttmcnl but tK)t accntrd a% expenditure. TANC.IBLE FIXF.D ASSETS DepreLiaiion Is pr()i'ided ai the f¢)Ilowing ra in order LO WTii¢ off each over ILS estimaied usefijl D¢prc¢iation is provid¢d at the following anmial Tales in OTd¢r to WTit¢ off th¢ oY¢r ILS e81irnad tfuL lrfe. rreehold pri)perry Trixturcs and fittiTV C.offlpyicr equiprnenl - 8ts2ighi lint tsver forty and fifty years l(Y/o and 20ry0 strllight linc - 2/ts straigh( line STOC.KS Stwk% arc valued at lower of aw] ttel realisable value, after maing due allowancc for obsolete slow movin8 iterTh¥. TAXA'I'AON Thc charity is cxemO on its clwi¢ablc activiti FUP4D AccoifNTINC. Unrestricted fi15 can be sed in accordae with the eh2rithble objttti%ts at the discretion of the tt5. Restncted fullds call on]y bc Cd for pth¢ular I[lted put1 thin the obJecL8 of the charity. Restrictions arise wkn Cified by the doty)r or when fiwds are rdi5cd for particul¥x re5tri¢ted Further explanatson of the Tthwr¢ puryM)se of e4dJ fund 1% irKhwled in the notes the fits¢t81 ststemenLS. Page 15 continued...
ST DAVIDS DIOCESAN COUYCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FIINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICILS- rontTrlled HIRF, PURCHASE LEASING COMMMIENTS Rentals paid under c?pvrtilinR lea1 are ih#rg.rd 10 Il)¢ seThi of Financial Acti¥ities on a sTright linc basL5 ovcr the peri¢xfj of the le45e. PEPSION COSTS OTHER POST-RETIREMENT BENEFITS The charity operates & defined ¥ontribulion pe10 ticheme ContributioTh% p¥4yable 10 the charity's peLsion 5chrrnc are ch&rged io th¢ Siatemcnt of financi3J Acuvities in the PeriJ to which they relate. INN'LSTMEhTS Ail 8aitL% and losses art lakcn io th¢ Staiemeni ofFInl81 A¢uviiies as IW aris¢. R¢41i¥ed gains and105? On inve.%¢mcnt are calculated 85 the ditTeree bdwten %8lLs prcL¥ And their opemin8 carryinÈ value or their purcb&se price if acqlled subwuent kn the first dav of financial yeai Unrralld gainq 8nd I0S are Iculuted as the difference ktweert the mid-markei %lue ai the year ertd and their c4rryittg i,due. Reaiised and unreali%ed and ki¥scs are c(>mbined in the s¢1 of FUla1 A¢uviues. FTNANCIAL If4sTRUMENTS The charity only h*s firwi¢ia] and flnancial l)abJliiies of a kind thal qualify as b8%ic fsnwLial inslTurneriL%. B&Nic finan¢ial ins¢nuJicnts are initsally recognd ai trawction value and subsequently measured llt their xelllemeni ltse. DONATIONS LEGACIES J1.3.24 31.3.23 t)onalion5 Qift aid Legacies Grgnts 29,669 fi12 9.040 279.925 19233 117,653 256.229 319.246 393.115 Page 16 con¢itLued...
li ST DAVtDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO TFtE FIYMCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 DONATIONS AND LEGACJ&S- conltnved Grants received included iti the Aboi"e. are as follow&.' 31.3.24 31.3.23 St DavidH Dir$¢ Gajfield W&s¢oll Ftsund#tion Mtscejleo8 Dr D¥wi Davic Williarns Bro¥1]1 CIO G & MDaNie4 8tsuth HfftTrk l N(1 C.'ommunity Fund N101 inrtery Awd5 for All Nlother8' LDion I'cko Cirouridwork UK MoondarKe foundaijon Voluntrcnn8 W8le4 IWCVAI Fund Th¢ Hel smith {..hilY carmanhehlre C¢Junty Council C.ott)ic Relief Lloyd% Bk Fnundaiinn FAJglDrtd aTts4 Wal&s Dio¢cs¢ BoArd of Finance Bcnefacl Tru$1 World Day ot. Prayer Fun Wclsh Government Poverty Fund Pernhmkc%hiTC Asvilliion of VolUnry S¢rvi¢¢% UK Governm¢ni Cornm¢)ty RencwBI Fund (via PAVSI Global's Make Som¢ Noi%e Forresier Tr'amily Cuedi8ion County Cout)¢il Th¢ S1¢ of the Iloly Child P¢mhrc>ke4hir¢ IAKdl FLXXI PtrehIp P¢mbroke8hire F(*KI Poi'erty Supwirt Fund 44.808 4l,Xg0 30.0 5,000 1.000 5.OC)O 4.966 9,864 5(M) 23,007 24.595 59,9(X) 38,271 5X,700 18.385 27,250 3,000 ?..500 4.301 4.077 2,211.1 25.OJO 5.900 1,004 32.1th) 25,(K>O 1,625 15.0(M) 3.000 2.520 279,925 25fi229 OTHER TRADIIYC. A[VIT[F.5 31.3.24 31.3.23 Raffle and rdndom club S¢ of ¢hristsn&8 Cards 1,514 1,653 2.691 ,627 3.167 4.31R P8ge 17 continued...
ST DAVIDS DIOCESAN COUNCII. FOR SOCIAL RESPONSIBILITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR EI%DED 31 MARCH 2024 INVFSTMENT INCOME 31.3.24 31.3.23 Other red 8&set investrnents DqSit a¢¢ount inierest tnt¢ttsi 2,729 4.939 6.320 3,676 828 2.494 13,988 6,998 INCOME FROM cHARABI.F. AC.TIN'ITITr 31.3.24 31.3.23 Activity Tramily eentre% Farnily ¢entyes Ccredi8ion Fliryn8 Stsrt CerediBion Farnilics First Fatnily Cenire l¥TieS rechar¥c Family ¢tr¢S ramilv ¢cnty¢ oth¢r r¢¢iwy¢4 Farnily c¢ntr&¥ Gran proJccL Other illcome (hhei ptojexts ConsultntKy Othcr Familv centre othcr TEchaT¥e4 Uiher Othcr income Otheff l'arnrthcn FlyJnB Start Childn and Cornfflunitie% Gtant C.ercdigion F'l>Yn8 %iart Children CommuniUU fjranl C8rniarthenshtye Famili&8 10.orrf) 302,323 10,441 304,289 5.237 4,615 5Q5 36.614 66 37,089 1.080 405 70,077 20,5(K) ?07 70.077 Children and Communiliu Cjrnnl Children and CouWIllIes Grani 102,107 55.500 87.277 66.958 C.eredi8ion Famili¥ F'ir¥1 C8miffthen Lhildmi and Communitses Grdn( Children and Commvnitres (Ynt 30.6911 613.588 614,469 Gr8n14 rcceived, inchKted m the atK)ve. are as follows.. 31.3.24 31.3.23 Cmarthen$hire County CoLllKiI. Slllnllr of FUD 4,615 Pe18 ¢ontinue&..
ST DA]Ds DIOCESAN COUNCIL FOR SOCIAL RESPOI%StBILITY NOTES TO THE FINANCIAL STATF.MENTS - Continued FOR THE YEAR ENDED 31 MARCH 2024 RAISING FINYDS IL41SIL¥G DONATIONS AND LEGACIES 31.3.24 31.3.23 Othcr ftsndrai%in¥ co%ty tkpreciutiun suprt Costs 334 1.790 12.911 460 1,790 11,778 15.035 14,0211 OTIILR TRADTh(J AcrJvrriTr: J1.3.24 31.3.23 Purcha5¢5 8111 1.420 Ab¥reg4t¢ anM)unts 15.916 15,448 The charity Nhop ¢108ed for lefvlshnKrn in April 2019. CHklRITABL Tr: ACTII'ITITr.S CO.SV¥ funding 01 ui'ities Dirt¢t C051s1gec noic 91 8) Tot8lr4 Family ¢cntres Other projects Oth¢r Cbildren atxl Commurtitses Grdtti 322.804 lfi9.439 6,450 111.980 25.823 348.627 211,424 12.218 327.87? 5.708 94.558 121.334 610.67J 121,334 168,134 900,141 Page 19 conltnued...
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL REsPOsIBILITy NOTES TO THE FINANCLIL STATEMENTS- eontinued FOR THE YEAR EI%DED 31 MARCH 2024 GIiANT.S PAYABI.E 313.24 31.3.23 Children and CommunitiLS Gr&nl 121 J34 132.993 Thc total antS paid io iTrSlituiion dunng the ycu Wds folloNs: 31.3.24 31.3.23 Out¥oiD8 grants 121,334 132,q9.3 GrAnL4 were rne to IS Family CeAtrQ¥ dwin8 the ye4r12023.. 15). SUPPORT COSTS Gos'¢rnunce costs Marngcmcnt To¢al$ RaL8ing dthnaiion¥ and lesacies Farnily centres Other pmj¢cts 1 ?.289 24,577 40.033 5.443 90,073 622 1246 1,952 325 4,485 25.823 41,985 5.76¥ 94.558 Children and CTnrnunItIel Cyranl 172.415 8.630 10. TKLS'TbLS' R.MUlllTI0N AND BE.YLFITS There were no tftL%tcGs' remunerntion or other benefit4 f the )tar ended JI MarcFL 2024 nor for the year ended 31 March 2023. TRLSTELS. EXPF.Tr4SES Therc were no tnL4¢e¢s' ¢xpenw paid for the )tar eftded 31 Mar¢h 2024 nor for thc year ended 31 March 2023. ST AFF C(K8TS 31.3.24 31.3.93 Wagtr salari Social erity cosrs Oth¢r peL%ion ¢o$¢s 628,586 4.455 1 ?.383 596.933 39,611 11.094 683,424 647,638 Key managerneni pcr50nncl coAsi¥ts ol the Manager aDd Family Support Manager. []g th¢ year ended 31 March 2024. the iotal ernplote bfflrits of the key ]wemeni pernnel ol the Council werc £96.1(hfj (2023.. £81,943). 2023 cost lower due to Stsiuiorymaternity pay r¢ccivd ill the ye. Page 20 Continued...
ST DAVIDS DIOCESAN COUNCIL FOR SOCJAL RESPONSIBILITY NOTES TO THE FtNANCLiL STATEMEYTS - continued FOR THE YEAR F.NDTr'I) 31 MARCH 2024 STAFF COSTS- ¢&ntlnued Thc average rnonthly nuDthcr of ellyloyr¢s duriti8 thc ycar a5 follows: 31.3.24 31.3.23 Managen]ent and &UPFrfIrt PTOjeCi worker5 33 33 37 37 No emplovees received emolunxnis in excts$ 01£60.000. The full.titne equivalent emplo>re numbers were &% follows Management and Support 3 12023: 31 and Project worker% 16 (2023.. 18). JI. COMPAttATIVLS TrOR THE 5TATL.MENT OTr. TrINAP4CtAL ACTiVITLES UnrestrictrAJ Resirici n¢L EndowTnent Total INCOI¥IE AND ETr4DOWMENTS FROM l)onation¥ rlnd legocir 393.115 393,115 Ctsrltable arflvltiei Family ccnt ()Iher projects Other C'ldren Rnd Communitie Grani 309.526 5,12Q 36.8ry1 203.002 309,526 5.120 36.821 263.002 Other ITing a4¢iviii¢ Invesiment in¢ome 4,318 2,537 4,318 6,998 4.461 Tot•1 4,461 1,014.439 1.018.900 EXPE.NDITURE O Rw%in¥ funds 13.658 15,448 Ch•rit•bl¢ aetlvid FBmily cellt Flying Stsrt (Mcr projeets Other Childretl and Cornmyniti Grani 330.2111 215 2 L3.599 330.281 215 213,599 10,747 320,637 2.534 320,637 Total 4J24 880,603 890,927 NET 1P*ColE Other recognised gain{1e$l Gal(10I on rcTr7luatiDn of fixed a 137 121.836 1 ?7,973 {3,850) (5021 (4.4121 L¥et 0eMent in 137 123,986 (562) 123.561 Pagc21 continued...
ST DAVIDS DIOCESAN COLNCIL TrOR SOCIAL RESPONSIBILITY riOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 12. COMPAIL4TIVES FOR THE STATEMEf4T OF ACTIVITIES . rotttsnlled UtJW>m¢ted Rescted rury .ndncnl fund Total Iullds RF.CONCILiATIOIS OF FufDS Total fiJncLs brought fornward 110.736 674.183 20,642 805.461 TOTAI. FIIPIDS C.ARRIF.D FORWARD 110.873 798,109 20.080 929,122 13. TAIY(:IBI,F. FIXF.D L&SETS Fixtureg and fitun85 Freehold property I i)mpuier equipirnt Totals C.QST QR VAJ.UATION Ai l April 2021 Di5POsal8 RcvaluatiOn8 247285 36.540 {3101 79,144 362.969 13101 72,715 72.715 At 31 March 20•4 320.0 36,230 79,144 435,374 DEPRECIATION Ai l April 2023 Charge for ycar Eliminai•J on disposal 53.868 6.889 32,031 1.154 12321 74,732 2,243 160,611 10286 12321 At 31 Mor¢h 2024 60,757 32.953 76,975 170,685 NET BOOK %'ALIIE At 31 Morch 2024 259243 3277 2,169 264,689 At 31 March 2023 193.417 4.509 4,412 202,338 Cost or atIon ai 31 March 2024 i8 represented by. Fiityre5 and Freehold Cornpuicr equipmeni Totals Valuation in 2024 33.0.O(K) 36.230 79,144 435,374 Pa¥e 22 continued...
ST DAVIDS DIOCESAN COUliCIL FOR SOCIAL RESPONSIBILITY NOTFS TO TIIE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 14. FIXTD ASSET II¥ITSTMENTS Listed btdisted iTWC%tmenL4 invtsttm) IARKF.T VAI,UE Ai l April 20?3 RevaltIonS 157,617 8,872 190527 348.144 ,872 At J l March 2024 166,489 190,527 3.$7.016 Tr4ET BOOK VALIIE At 31 March 2074 166.489 357,016 At 31 MaTLh 2023 157,617 IfK),527 348.144 There were no inv¢$micnl asyets (t91de the UK. Cost or i'aluation &t 31 Marcb 2024 is repreKnted ty. Liyled inve%tment¥ Un]isied invc4tmettLI Total% Vllluation in 2024 166,489 190,527 357.01 fi All fixed assd illvestsrlents held withm th¢ u01 Kingdom ond are held provide an inv¢sunent reuwn. Li%¢ed InlMeDt9 are managed by (he Reprtxntative B(Mlyof Church of Wales. 15. STOCKS 31.3.24 31.3.23 Finiyhed goods 235 486 16. DEBTOILS: AMOLI¥IS FALLING DUE WITIl]N ONE YEAR 31.3.24 31.3.23 Other debtors AccNed inLoine 66,137 3.13S 2,951 69.272 107,322 Page 23 oDtinued...
ST DAVIDS DIOCESAIN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FTh'ANCIAI, STATF.MF.NTS- continued FOR THE YEAR EI44DED 31 MARCH 2024 17. CREDITORS: AMOU.YTS FAILING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other creditor5 Accrned expenses Deferred incom¢ 7.764 8,918 15.265 9,215 7.632 15265 31.947 Page 24 ¢ontinue(L..
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FI)ANCIAL STATEMENTS - Continued FOR THE YEAR t+'NI)Tr:1) 31 MARCH 2024 18. MOVF.MEYT IP4 FUf4DS Nct Transfer5 At 1.4.23 fvnds 31.3.24 LTnrt$tritted fumds General ful Revajuation 110.874 {4J571 72,715 106,517 72.715 110.874 68.358 179,232 Reitrl¢tÈd fvndi Plant Dewi fund Rev. Hcnry Nforgan Tnk8r C.crcdiLtrion SLA Cannanhenjhire SLA South Ilook Award8 fnr All G&M Da1¢$ Dr Dewi DAe5 Baby Bur¥Jl¥ Landfill- Dttd'8 ¥roiip Thc Henry Smith Chan'iy Mcondance foundation. CFfci Moondance foundaiion- Young Parettts pro1t G8rfi¢ld Wet¢)n Am'ath for All- Baby Bundk Fund IILTLlllil'l'rust FurNJ Voluntttring W'ale4 {WCVAI FUTh4 Comic R¢lief furyj World Day uf Prnyer FuThl Lloyds Bonk foundaiion fund Global'% Mkke Si)mc Nois¢ Forrrst¢r family So¢iety of-fbe Iloly Jc5us Child Pembrokeshire LLKlll FLx>d ParInersp Pembrokeshut Food Poverty Sw[1 fuMI 537 J45 137.537 (81.428) 7,741 7,214 21,276 562 (2651 {42811 4.41 X75 11,829) 6.121 (2.518) 71.067 526,984 145.278 {7.1071 {21 7421 (562) 265 4,285 (731 15,0(M)I (2291 16.6451 {48 1) J4 4,339 4,177 1,302 2.058 36.528 3,005 390 22.661 16.109 {8.4511 5.9C 8.067 (6.738) 2.228 (2,282) 9,392 25.0(K) 15.0(Kl 1431 {16,109) {1,301) 23.008 9.1164 5,900 35,39fi 29,497 7.573 (2,168) (8351 1,455 14.393 967 21.750 15,0751 18.625) 15,0(K> 3,000 2,520 2.520 798.168 46.030 844,198 Endownn¢ funds Rcv. Ilcnry imorgan TnL8t 20,080 I,iJo 21.210 TOTAL FUNDS 929.122 115,518 1,044,640 Page 25 ontinue(L..
ST DAVIDS DIOCESAN COUYCIL FOR SOCIAL RESPONSIBILITY NOTF.S TO TTtE FINANCIAL STATEMENTS - continued FOR THE YEAR EYDED 31.MARCII 2024 18. MOVE.MEDry ITr1 FUP4DS- comtlnued Nct movcment in fvnds. in¢luded ill the knve ¢ as follows: Gains and MTrvement in lunds experthd Lnrestrlcted luwjdj G¢n¢rnl fund REYa]uation rtserve 4.719 19,076) (4.357) 72.715 72.715 4.719 {9.0761 72.715 68.358 Restrleied fund Plant l)ewi Fund Rcv Ilcnry NforBaTh"fnL81 Ceredigion SLA Carni&rthenyhJre SLA South HLwk ANwds for A]1 G&M I)aiicii Dr Dew] Davies Baby Bundle 'I'tsc(i (irtiundwx?rk LJK L8ndfill- Dad's group I'hc Hctlly Smjih Chanty M¢x)ndunve FouThlalion- CFfG M(K)ndance FoundaiioD. YoLmg Parents projeei G8rfi¢ld W¢s Awards for All- Baby Buthlle Fulld Benefact TNst Fund Vulunleerins W'ales IWCVA) Comii Relief Fund World Day of Prayer Fund Lloyds Bank FOd&Ll0 fijnd Global' Make Som¢ Noise Fc)rrebter Fdmily So¢ieiy ofTbe Holy je$ Child Pcmbroke%hirc Local Foryj Partsrship P¢mbWke¥hI F(KKI Pov¢rty Supwrt Fund 423.430 {504,858) 181,4281 7,741 7.741 90.(M)I 172.18? 4.96ftr (82.787) (150.9061 {4.4041 12651 {4.?8• (5871 (1,2861 {5(M)I (1,829) 153,71111 12.5181 21.276 562 {265) 14.2X I) 4,412 875 4.999 2.161 500 11,8291 h.121 {2.5181 39,902 23,007 30.000 (3461 (11,8911 18,451) 22.661 (8.4511 5.900 8.067 16,7381 12,2281 12.282) 9.892 25.0(X) 15.000 3.000 5.900 24,595 (1fi,52111 {6,7381 {3,2321 (27,2841 122,508) 25.002 32.1(M) 25,OIMI 15.1)(M) 2.520 2,520 94$270 IIX)6,91EII 7.741 46,030 Endowment Rei,. Henry MoTgan Trnst l.l30 1.130 TO'fAL FUNDS 949,989 (916.057) SI,5S6 Page 26 colltinued...
S"I' DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY NO'I'ES'I'O THE FIANCIAL STATE.MEIYTS- continued FOR THE YEAR ENDED 31 MARCH 2024 IOVEMF.YT IN FUNDS- condDDed CDmpr•ttveJ for Dwvemffit l Nrf TTaTh8fer* beLweeii mo%'emeni in Ac 1.4.22 31.3.23 Lnreitrl¢¢ed luwJd• Cyeneral fund 110,736 138 110.874 Res¢rle¢ed funds Plant Fut Rev. Flenry Morgan Tn Cerrdixion 81.A Cannanhen5hJre SIA Awards tor All Cy&M L)a%'i&% Baby Bundl¢ Bishop Mission and GcnLYai Fund- b'wnilic%'l'(¥Lther Mcp¢¥ndance FoundaiJ(Jn Th¢ Wa¢¢rloo Foundition CldaU Cummunily. Trdd'¥ projttl Comi¢ Relief V8Ef funding WVCA Baby Bundle All Cburchel Didirynu¥ landfjll - Dad's group Awdrd8 4 All - Yi)uny P8r¢nLi PnTrJ¢¢r Poslcodc Community. TnLSi- Young Par¢nLS proj¢¢l The Heng. SJMith C.haril Mwrtdance Fourtda¢ion. crrG M(Kpnd8n¢e FoundotTon. ParenL4 proje¢t 409.7.18 141.387 158 78,120 {3.R501 49.487 537,345 137,537 (5.541 I 123,2171 (7761 5.686 505 (4,910) {505) 979 (185) 8,302 4.098 (3.678} (1631 19.3441 14201 163 11.4921 10.8J6 556 (81 (6) (292) 2.IfA 265 26,661 5.378 I l.A72) 1265) (21,882) (4.fi341 (2.7?.1) (7441 10.760 36,488 11,448 19.2561 ?.014 (7.505) {1.504) (6,450} 1938} 37,052 3,(K)5 533 {127) 9,864 (ifi) 390 9.8fA for All. Baby Bund]e Fut Ilenefacl'l'rwil bund Make Ti Ilappen Fund Summer of Fun Fund VoluntttrillB W'ale4 IWCVA} Fund Warm %pacts I'und C,nmic Rclief Fut World Day of Prayer Fulld Lloyds Bank Foundation fid Welsh (Tovcrnmeni Poirty Fund 883 581 30,472 255 9,1ry6 4.273 21.750 552 (883) (581) (975} 29.497 11.6031 {4781 7.573 3,795 21,750 (5521 674,183 123.985 798.168 Endowment fund¥ Rev. Henry Morgan Trust 20,642 (562) 20.080 TOTAL FUNDS 805,561 123 J61 929.122 Pix¥e 27 coutinued...
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FICIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 Page 28 continued...
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR EI%DFD 31 MARCH 2024 MOVEIENT IN FLryDS- eiiDtlnutd Comparauve nct Ivemen[ in fil. includd in the aknve 8rt &$ follows. InconiinK Re&ouT8 GairL and los Mo%'etnvnt In funds LnTCStrlcted funds fj¢ncrni fund 4,461 138 Restrleted fllnd Plant Dcwi fwld R¢N. Henry Mor8an Trust Ccrrdi%ion %l.A C.armarthen8hire SIA Awardy lor Ail WdlianLS BroMihill G&M Dai'ies Flaby Elundle Bishop mi%]C)n and Ci¢n¢Tal Fund- C80r8 familits To8ether M(K)ndan¢e F"(>undlllion The Il'aterloo Foundaiion Cleddau Commuilltv. Dad'% pmJ1 All (-hurchL8 566,891 (488.771) 78,120 13.8501 (3.850) 74.957 188,044 {69.574) 1164.827) (4,9101 (I,(x)01 {3051 (8.8961 2J.?17 (4.9101 15051 979 9.873 13,6791 (3.078) 19,3451 15441 {1,8721 1?65) (21,8821 (4.032) 19,.3441 15441 11.8721 Landfill- Dad's Broup Awdrd.% 4 .411- Youn¥ Parynts Pivje¢t Po4lcode Commumty'lrusi - Young Paren18 proj¢¢t Th¢ Henry StLith Clwity MoondaLKe Foundation- CFTG Mnd&Le Found&tion- Young Parents project 20th Anniversary Grant Ald5 for All- Baby Bundle Fund B¢nefaci'l'nL%t l und Makc TT Flap[ fund Sutnlller of Fun Fund Voluniecrink) Wales IWCVA) Fund WBrrn gpaces Fund Comic RelicfTr'und World Day of PrIr Fund Lloyds. Bank Foundaiion fund Welsh (iovernment Poverty FutKI (21,882) {4,634) (21 19258) {5l.686) (7.5051 {9.256) 7.014 17.505) 58,700 11271 13.0011 {127) 3.IK)I 9.8fA 2.501 6,000 4.617 38.271 2203 18.386 4.301 21.750 4.076 9,864 (2,5(MJ) (5.117) (4,036) (7.799) 11.948) 883 581 30,472 255 9.176 4.273 21.750 552 (3.524) 1.014.439 (886.604} (3.850) 123,985 ElldowmeDt funds Rey Hcnrv Morgan Trust (5621 15621 TOTAL FL 1,018,91)0 (1190,927} 14,4121 123,561 Page 29 conttnued...
ST DAVIDS DIOCESAN COUYCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FIfviAIYCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMEYT IN TrUNDS- ¢v•tlnucd Plnt DeHI Frd This fund fniTn th¢ takeover of the regMThl operation5 of Cthil¢Jren's kniety, it is restricted for the PUTW)se of the Plant Dewry Dewi PTOjeCi, llamely to V4Y)rk with chddrco yOLm8 peoplc and ther fanlliies in their communitic%. All of the charity's cuffeni operatioThs relate 10 its Plant tkwy projecc. As. such, all income Bnd expetsditurr without wccific other restnctions Impos on them are treAt 18 resthcted for the Ploni Dewry Pund. Rev. Henry Moryan Tru This fund rwreseni& fiT¥t iwuesi trom Rc¥'. Henry. mor It represents the capIl value of atl equity fund inve4tsnent with the ReprnlIVe Ilcpdy of the C.hurcl) In WalL•. '1". niuwket value tsf ilie WXICTItt8 Lnvestmcnts fluctyja from year to Irar. Ibe iTwTne 15 vsed ro support the objecis of the Cou11. Ceredl8Aott SLA Thi$ fupd rLyrvxDts fundin8 received from c¢11810 Coun¢v C¢)uncil to supwrt Family C•itres wryihin the cer1810 reon. Crmarth¢Dshir¢ SIA 'rhis fufftd repr¥%¢nL¥ funding TEceiv¢d from Carnmnh¢TLthiTe County Council 10 suppon Family Centres within the CarnW(hejbire re¥ion. G&M D•iles This fiJThl rq)rebrnts fits¥Jing fmm the Gwendoline and Marwet Davies Cban'ty the Baby BUT1¥ project. B•by Bundle Thi% fund r¢pre$ents Fundin¥ from th¢ Mothers, Uni¢ML Cawuwkn Coun¢y CoutKil and other don4uons for the Haby Buttdle prthjecl. Rl¥hop MIs51on and Gener1 Fwid- CvimKorn Fmilies Togeiher Thi% fund$ represents fiJndmg trom thc S( David's Di(Kfs¢ towwds thc cost of numing 8 Faniili¢8 I'oBcthcr group in cnor5. MoDnd2n¢¢ Troundtion Thi5 rtd$ represents. fundin8 fmm the MndaDc¢ Foundats"ots towarth Dad's pmjt and the Fgmilits 'l'ogether group in Pembr£)kv*hiTe. The WAterloo Foundatlon rhi5 fund rCprets ruthd1 from the Wawk)o Fi)Undatn toward5 the Youag Parents ProiecL Cleddau Communlty- Dad'¥ projeti This fund r¢pres¢nL4 fundinE from Cleddau Cotnmutiity CollalK>rdtion toTrwdb thc fathcTS projeri bd ID PmbrL?k¢ Dock The fund Js toward¥ th¢ GHrdettiJy pJe¢L al GTecnlinks CIC. wknrby men will produ¢f food for thetnselve.i and their families and ¥UPp IcKal fo(xlbankn W'ith fwii and vr8¢tsbl¢5. All Churthej This fillNJ rcpresenLS funding fron] AllclKurk4 Wope Be>j, Wdnt towards thc Baby Bundle project. Dldythus This fitnd represents fundjng DJ"dymw% ts1WalS ts) help nuj FaTnili&4'1 ogether group5 Qrt thc Mount Èstate in Milford H&ven. LAndfiU- Did'i group Page 30 cantinued...
ST DAVIDS DIOCESAN COLThCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FI_NMCIAI, STATEMENTS - continued FOR THE YEAR ENDED 31.MARCH 2024 18. VJOVEMENT IN FUNDS- COntiDed The fiLnd reprvscuts. fuvding from W'elsh Governt$ tndfill Disp] Tax CoMmty scIne {admini%tered by Ihe WCVAI towds the cost of a pr(ijrti Y)rker. Awards 4 All- Parents Projtrt This fimd rcprLwits funding from Th¢ Nationfil t&>U¢ry Community fuTwJ Work young parcni5. Poylrode Communliy Trusl- Young Parenti ProAttl This fijnd Tepraqeni$ fiJndin8 (T( Ihe P(iyicode Cimmiunily TnLs1 Ivwards wo7 Mryth voun¥ p#rents. The Henry Smlth ChArlty Thi5 fund represent8 fi¥118 frnm the Ilenry Smith Clwiry towar& nn1) costs for a D8ds projt%L and Familic5 To8ether Groups in Pcrnbrok&4hire. MINdanCe FouTrdgtloTr. CFTG Thi% represents fvnding from thc Foundatiotl loward% the Famili.I.08cthcr group in Moondxnte FoDnd•tion- PareJ)ii proJt¢l 'I'his funds repre15 thding from ihc MooThJance Foundation WardS with YOUD8 parents. Awards for All- Bab). BuDd]e FuDd This fund con%iqlA of fundin8 from the liaiiollal Lottery Conllnuniry fut iowwdy the Baby Durtdle projKI. Benefet Trust "I'his fvnding reccits'ed from Benef¥1 Tr1 to oul Tep4irs on Si Paul's Family Cenir¢ building. Mlke It Happen FuDd This fid5' rcpro%enis fundmg from the the UK Government Communiiy Renewal Fur (ow•rd$ project wvrk irt the Pernbroke Dc>Lk area. Summer of Fun Fund ThLS rrpre%enL% fiLndin& fvorn the Wel%h Government 8umm¢r of FUTKI grant Irya c4rniarthenskn.re County Council ttt provide frec aDd aic&¥%ibl¢ opportuwue5 f(Trr ptsy the art¥ and (rther OUtdwT act)vili&8 over the ummcr monilLS torevcry child and young pcr8on irj Wak% from agcs 0-25. Volutttttrlng Wlu IWCVA) Fmlld Thi5 tiind rcprcnLs fijnding frolll Wetsh Governmenl the WCVA rowards 118 people volunteerillg projccts. Warm Sptes Thi% fund represenL8 fidIng frorn thc Wami Wckon* Communiry spac G[1 via PAVS for activitscs i Pembroke Dock ajjd Milford Haven. Comic Relief Fund Thi funding rcccived from Cornic Kcliet WLVA lo enable expansion of the pmvi810n of cumt ser%'ices expulencsng in¢reasa delljand for owing kn the c051 of living crisis. World Dgy of Pr•>¢r Fund Th18 fund repttL$ fvnding from thc World Dayof Ptajtr toward8 Wotk with Families Tog¢th¢r Growk%. Llovds Bank Foundallon fund Pagc31 ¢iintillued...
ST DAVIDS DIOCESAN COUNCIL FOR SOCIAL RESPONSIBILrrY NOTES TO THE FIlithCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31.wcll 2024 18. L4IOVEMEYT JN FtiNDS- Continued Thi% fund5 TeprtrznL%' funding from the Lloyds Bank Foulldation EnglaDd 8nd W81es for work youn8 par¢nL% Welsh Gov¢rntneni Poverty This fLLn¢Ls rry)rentS funditig fft)m th¢ Welsh Government vw C8nnarthen8hire L4)unty Council toww(14' the Baby Bundle Ejank. Wllllamy BrowDhlll This fvnd reprc.%cnL¥ fvTh4ing Irom Wdliams ilr(pM)tull LIwLiable Ill¢¢)rp0ra Organisation .Th¢ fimding reccivcd in year ¢tyded 31 Mkrch 20?3 Wd5 rdS repai work at the St Paul'5 Family Cetttre buildin¥. FundinA received in y¢ar ended 31 March ?0ti2 w&% tOW7rd4 ihe lary C05LS of CO[dEndn8 th¢ Bahy Tlundlc Proj1 w.th pmiides r¢se8 10 yow¥ parents in financial difficulty. Dr Devl DAVIU This filnd conii.¥L4 of fvnding from Comnnmity FouTrJation w¢% tO7Aryr& the c05t of nbiming a fainilies To¥ether (iroup in Yew¢a$d¢ EMI%. This 8TOUP is opcn io all peren¢areT5 with children up to th¢ a¥c of I I and offers a supp)nive. nurturing and non JudgMental environ1. Cledd•y C'.ommuDItv This thrtd corLSi81N of fvnding from C.Itdd#u Cixnmunily Cr>lJAborniion towards the c<)st of rllnnio8 2 bamiliLs Togethcr Group m P¢mbrok¢ Dock. This gr0P 1$ all pIren¢rer¥ Mth children w) to the age of I l and offm * ¥upsx)rtive. urknl th)n Judgernenthl environmeni. Glob•l'J Mike Som¢ Nolst This fund reprLYnts fundin8 from Global'8 Makc Some Noise iowds a proj¢ci for ynun8 parents and 8 baby butyjle bank. Forrdtcr FAnilly This fund reprc5ents fundin¥ from Forresr FllY a pn)j4xi for young p8rn1ts and a boby bundl¢ bank CmarthcLhtrc Familie8 together up$ ENDOWMEfT FUNDS Rev. Henry Nlorgatt Trnlt 'rhis fur repKqcnts thc 8econd bffjuesl frorn Rev. Henry Morgan. It reprasents the ¢4pitrl value of the equity fiuld InVd the Represet)tatii'¢ Ilody of the Church in W8le5 l'he markel value of the undcrl)ing irtve4mien15 flucnjates from year lo . Thc irKornc is used ¢0 supFK)rt thc objccts of the Council. TRANSFERS BETWEE) FUYDS The f()Ili)rt IratL%fer% have ixen made from i1se restricted fi1Jg to the restricied Plant Dewi Fund in rel&iion tllftnagement ch8rgGs llKurTtd. thr of fixed whv¢ th¢ r101] kTrn8ei exi¥ts on th¢ and to clcar over5pends'. Manageme charge AdiUstsllc (*ends 7.107 21.242 Ttrtsl 7,107 21,242 (2651 Ceredigion SLA Carmarthcthire Sl.A Awards 4 All Baby ButJdl¢ Landfdi- Dad's group The IIcTJry Smith Cllan'ry 1265) 5,(X)O 229 6,645 6.645 Page 32 continud..
ST DAVIDS DIOC.ESAN COUNCIL FOR SOCIAL RESPONSIBILITY NOTES TO THE FTh'ANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 .MARCH 2024 18. l¥lnVF.%IENT tP FUTr4TIS- tontknlled TySFE BEThITEN FUNDS- continued Moondancc FuutNlotson- CFI Cy Moondan¢e FoutKTaiion- Young P8re2 projvt Voluntiering W4Lles (WCVA) FUNI Comic Rclicf Fund Wvrld l)ay of Prayer Fund Lloyds Bank FOUttiO Dr Dew Davi¢s (i & M l)avie4 Garfield we Foundatse Aw8rds 4 All - Baby Butsalc Global's Mdk¢ sull Noiye South IlfiY)k LXG Communllv Fum4 487 487 43 2,168 835 43 2,16S 835 5.075 73 719 16,1(YJ 1.301 A.6?5 562 73 {4,2811 16.109 1,301 8.625 562 I5.0) 71.332 1265} 71,067 19. :MPLOYEE BENF.FIT OBLIC*ATIOliS The charity operates an auifrenmlmeni defina wntribulion P¢A6iOn S¢e Ln rrsmi of eligibl¢ employees, 1'b¢ s¢hemc and it5 &e[S arc hcld by ilependen1 tIWgerS. Dutiog the Y the chan'ty contributed £12,379 120?3.. £11,095). A Lrediior of L?9 ex1¢d at thr year cnd (2023.. £291. 20. RELATED PARTY DISCLOSURES Thcrc wrrc no relad paty Ii%isa¢iiorLS for the ry eTh]ed 31 Mareh 2024. Pa8e 33