REGISTEREJ) CHARTfY NUMBER: 244173
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
ST DA￿lDs 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 FIn*nclal A¢￿￿11
B8lance.8he¢t
12
Cmih Flow St*terntttt
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$*¢s have *lop*d pro¥'i%ions of AccountinL and Rerx)rtsng by ClwiLies.' Sts*rnenl of RwummendL¥i Prn¢ti¢e
applicablc kn chatities prq)aring their accounts in acconlance wilh the FinarKial Rewrting Stsyjdard applicable in thc
UK Rrpublic Df IrEland ITrKS 1021 leffeciive l JamJary20191.
OBJEcfivES AP4D AcfiviTIES
ObjectIve8 and
OBJECTTVES
The objwlivc5 of the CoutLciI are ger*ral mornl ￿lfare work in th¢ DLocese.
'I'o nurture familie% and 5trengtheo con)nwnili¢s by emp)wrriti8 famdies to brinB ak)ul ￿)Si￿ve chanBes in their liv￿.
givit)g Iwpc and of bclonging. 8er*M the DI￿ of St l)atrids
AIMS
The aims of ¢hc Cvunld a¥E lo udvatKz its PUTw>se by.
pre*nling %rKial R&8porn8ibility &% inte8ral pan of ihe Lhurch's ¥nission,'
a881.qtin8 thc Church in ihc Diocese at all le￿1%. In idcniify arc&$ 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 p￿PIe and
thcir familic5. in iheir communiiies,.
pmrn¢?iin8 the engagemeni of pari8h&4 othLT Chri%¢ian Organi￿tion* in i&sues of social rwonsibility,
regtenerari¢yL wiai I￿1￿$bOn aThl social j￿sUce,.
offering r¢sourff8 IQ Pmiilioners includitig conferettces F￿licatio￿$ 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$ani¥ati￿ to arrznse conf¢rcrKc& txoduce publicaliotts and plan t)thcr joitii
OBJErfivES AND STIL4TEGIES
To work toward4 Iht IThple￿(allOn of Ihe ainL4 as 5twcd atovc by..
* the efforts of employed profession￿ project wokn..
* th¢ ¢n¢OUrkHell￿t of Volun￿..
* the EWticipatiotL in pwfvrships..
the ¢xp¢n19e and ¢xperien¢e of iLs' officcr5:
the paniLJpati()n in the RcSrrti￿lTr>1lity Officcr n¢t￿x)rk of the Cburch in Wales and othw Churchc&
The m&in objective of the DCSR is to pro￿te social re5rrf)nsibilitv a fUTrIamenr￿ elernenl of a living faith as an
irtlegrnl part of Church ￿li￿lOn. Its Strdiegie% for Mchi¢i'iMg include 8UPWrting th¢ Work of Iwo further Diooesan
¢han'tic¥ - Pl￿t Demry and Tir Dcwi who wotk closely Mryth di.wJiwrtaged faTnilie5 atMI Turai faTtning Eotntnunitics
reipectivcly Hy a150 work￿8 pro-actively *ith wider organisatsoDs on a and nattonai level, th¢ DCSR 61riv¢$
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 sUp￿rted projects, iniliativts and ot8atiisatioAS, xn part￿ulaT 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 parnie￿hIPS. and in renwn young Moihus expre&4 tl*ir 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 [(*￿$td T1*n￿l h¢alUL Con¢¢rn a￿)￿[ lack of affordablc housing within uur
coiiununitie¥ i*n rai¥ril thc Iknch of Hi%hop%. a% Mcll *% o r¢4uN foi elanry rc8ardin8 the Ciiiw policy about
the uxe of redut)d8ni and empt). ¢bur¢h properry. with referenc¢ 10 SUPKX)ning the Police in finding s&fc hai'erLS for
viciims ol. abu$¢. TIK R￿￿rel¥j Jwlin Arnoii 15 thc 8LKial RespO￿lbIlIty 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 roc￿4 Dn
SLripiuThl trxi¥ cnLvurd¥e us lo t￿ct the need% of 1)th￿S "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 ￿a￿l funding ￿intImI*l ￿ in1p￿t 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 n*eiing 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 L￿L [￿SR 41$0 is I￿1ftg 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&
qen0￿￿ly. Whole ￿y5 of a&sei%in8 r￿￿rL￿lh1IitlG5 u￿n 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(kn￿l￿n 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 e￿jOY together, to bU￿d relatioDthps and io take pan in free of ¢haTge atytlVlLies su¢h
as baby mas¢4g¢. Tnes5y play. erafis. ph>JiLal s￿ry and soog. ouidoor walks. partDtiDb pry)grdJntnth. vu%its
from othcr Hgencics, shon course5, cooking, gardem"ng, mi￿lfulne&S altd wellbein¥. outings and tnps Hs ￿rI1 a5 one lo
one %UPTK)rt on a range of I￿lles. (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￿)T￿L￿1t1¢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 pro￿de 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 w￿rk. 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 I￿lIdaYs ￿￿re goinB to be excw10￿1IY 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
s￿St&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 w￿￿ror¢¢ 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) laUncl￿d 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 S￿all tht'ngs thal do hab'e a The added out￿Me of allo￿ng
the I￿SR 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 I￿R.
FINAYCIAL REVIEW
FiDftn¢i•l position
$ at 31 March 20?4 th¢ t]writy had free reserv&s of £•98.768 the T￿triCted Plgnt Dcwi fimd.
Prln¢lpal fuDdln8 wur¢
Thw carman￿n.￿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￿.
InV￿trnent pn14¢v vlnd objiytivei
Detail% #re contained in th¢ financiol %tatements. Inv&sm￿ts are noi Thde in comr￿leS efi8a8￿ si8nifi¢ani degree
in annaments, alcohol, ¢obac¢o products aThJ compaDi&q invol&a in p)rnogr4)by. Inve$un¢ni objectives are to achieve
long lenii gr￿￿rth Iwm iL% equity investments aud a n￿lStiC ity drposil fi]Jxds'.
Reservei polley
It 1$ 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 i￿ome gcmtion. ir￿lUding 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 a￿ts$ 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￿$[Om11ng love.
STRUCTURE. GOVTr.'IiNANCTr. AND MAP4AGEMENT
Cwovtrnlng dorumeDt
Si l)avids Diocegan Council for CtsrpoTEte Respotwbilily I'The COU￿11.) rE8iiiered as a charity in 1965. It L
controlled by it$ 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
in￿ent 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 It￿ley*l￿P. gLtidatKe atyl hard Work over the year5 as Cknir ol. DCSIL
DiolLh. 'Ile CounLii tnttts 6 time& a yrar lo mar￿C 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 Da￿d.5 Dior<¢.
The Itu￿1¢￿ ttsgethtr with the c(hopred arKI tlectrd M￿bLY5 of the Ctsun¢il Jre Mwnsible for policy n￿kIng ￿￿'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 I￿4 families in their cornnwnity. 15 under day-l￿thy control of the ProjeGt
MAna8cr.
Key mfinliement remuner*tloD
Key ￿￿¢men¢ co￿1&t of thc Proj￿1 Manager aTMI Farnily Supwrt Mhtwg¢r. Salaries are on NJC pay￿al￿%.
Rlsk ZD•nAg¢m¢nt
The have & dury 10 id¢ntsfy otrj rthryew risks w whx¢h the charity iq ex￿ed and to en%ure appropriate
¢on¢n>l& aye io pla¢¢ tt) provide M50￿ble agai￿$¢ fraud atyj ermr.
The trLLStees actively review the tnsjor ri*ks which the Coutteil facts oll g ye￿Iar 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>iTiiI￿1 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 Petsberthy1tt5i￿￿d 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 AD￿lINISTRATI1'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<pted A¢¢ouniin8 Prn¢ticel.
The law wlicable w dwJtie8 in England and Wa]*A thc Charitics Act 2011. Chan'ty (Accounts and R¢pDrL%)
Re¥ullltson8 2008 and provuions of thc dccd rcquirts the tr￿1￿5 to prepare finarKial ststrment% for eadl
tinancial year wthiLh biiv¢ a Tru¢ and fair vi¢w of the y￿[e of affJir8 uf th¢ ihan'ly a￿1 of th¢ inLc)mink> f¢¥vuTCts and
applicati(m of resourc&s, itscluding ihe income and exr*nth"ture. of the eharily for thal perJ(xl. Ln preparin8 those
finBnciRI Stalemmts. lh¢ rcquired to
select suitsble 2ccountin& wlicies alld apply them con%isle(Lily.
Oh￿rVO the meihods al￿ principle5 in the Charity SORP..
make judg¢meni$ and &%iiJndle4 thai arc re8vn￿ble and pnthi:
Jtyie whcther 8pplicablc a¢¢ouDtin8 %thndard$ hav¢ been followrd, subjeci io any mawial deparbJr¢s diK10￿ and
explained In thv 41alcmcni5:
prcpare the fillancial statemeol8 on the going ¢oD¢ern urtles6 11 is inappropriate to presunie tha¢ the chNrity W￿11
coniinue in businc&*.
The tsusiees are rchTron8itTrle for kttpinB proper ￿￿Oll￿tr￿g Trcord4 which diKlose with rc&4onablc accurJcy at any tirr
the fin￿CIal po8iuoo of the Charity and ￿ enabk them to aL%ure that the financial xtatem¢Ni ¢otnply the Charitics
A¥1 21)1 l. the Cbarily {A￿Vy￿15 and RryrL¥) RegulaiioTkb •008 and the pro￿S1onS of the tnL¥I deed. Th¢y are
re5pon5ible for ￿resUSAl1￿g the asseis of the ¥hariiy dnd henLe for tsking rea%onable for the preventii)n and
deteciioll of ￿lld and oth¢r irr¢gular1¢i￿.
Approvd by order of the knrd of trusiecs on.... ....
L¥............... Aigml on Lls behalf by..
Page 6

REPORT OF THE INDEPF.INDF.NT ALDITORS TO TIIE TRUSTEES OF
ST DAVIDS DlnCESAN cOU￿c]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￿&T￿4 (United Kill8dom G¢ne￿IlY 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 a￿￿11 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 re￿rt. 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¢J￿lts' iu thc UK. including FRC% Etl)iCdl Standar(l. and we lia￿¢
fi]lfill￿ our other ethicBI re8pon5ibiliiie8 1rt a¢cordaT*e 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 fil￿ne721 %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 $ignLficant doubt on the charitys abiliry w ¢ontinu¢ as a goinki concern fL)r
reriod of al least Iwelvc months from the financial yts*ment5 are au￿rised for issue.
Our responyibiliii¢s And thc rosponsibiliii<s of the with rew¢ to going coKern are described in the relevant
¥e¢tions of thii r¢w>rt.
Other thlormltlon
The InL*¢ees ar¢ ff$p(IL41ble for tlK olhcr ￿t0￿￿tIOn I ￿ oihcr infornviion ¢omkYiSQ8 the illfomiation included in the
Annual Repon, other than the fJnatLcial 8th1tm￿ts and our R¢pon vfthc ￿￿p￿(J￿ni 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 Con￿c1l9k r.ur &udit of the finwKial.slai¢mvnis. ow [r￿￿￿51b11ity is to ftad thc other infommtion and, in do￿8
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 [T￿L¢TI811Y mis%Wcd. If we idcniify such material incoTLsistrrKies or
app3￿nI 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 MA￿1&] ￿pect the fiiianGial
5talen￿)L¥." or
sufficieitt a¢cothknng reco￿% have Dot been kept,. or
the financiAI Staterrteftts art t￿1 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 ]NDEPE￿DENT AUDITORS TO THE TRUSTEES OF
ST DA￿Ds DIOCESAN COUIICIL FOR
SOCIAL RESPONSIBILITY
R¢spoMglbilitles of trust¢41
As explaina ll￿re fully in ￿ 8tstement of Re&p)JJsibiliti4 the ￿￿ti51Th]e for the preparation of
the fina￿la] %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￿ miK*tatemenL due to frnud
or erwr.
In prtpann8 the fllJaDci21 statemenis. the In￿1¢¢5 are rtspo￿1ble for thc chariws ability to colltinue as rt goujg
¢onceTfL diycloslljg, &8 dpplJidbl¢, TnailcTh rel￿ed lo &(>in¥ £￿￿¢M and ￿¥1￿¥ the %nin¥ uJnc¢rn h&si% Trf aGcoun11118
UnlE￿ thc tr￿sle&S either in*nd 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 al￿1 Whe￿ the fina￿181 sraiemetts 8y a wknle ate free from
mal¥nal missldlement, whether due lo Iraud ur error, atm4 to 8 RcJx)rt ofthc Indct*nden( Authtors thai includes nur
opinion. Re&$orLable ￿￿r￿7CC is a high Ivwvl of assuranLY. bui Is noT a Liuiiraniee thai conducia ili accordaDCe
with ISAI (UK) will detect a roaierial ￿￿$$t￿tement 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
ee0t￿niC decisions olLLsers ¢&kL￿ on th¢ bdS)s ofth24e financial %tsi¢menL%.
The cxt¢nt to which nur proc￿￿1¢$ are ¢apablc of del￿ti￿B iryrguiari¢i¢%. ijjcluditig fraud is detailed below.
Extent 10 whEth the iudlt was cots￿dered t*PAbie of detectine irreEul#rltlu, includillE fraud
We identify the of matrnal m188￿emen1 of the f￿ancIal stalemen￿. ￿ether due ￿ hud or crror. aud
then deligtt and perform audil prnxedure5 ￿S[M)L$lYt lo thNe risW iKludin8 obtsinin8 ei'idence that ib suifjcienl
Bnd appTopriAr¢ 10 provide N b￿15 for OUT opinion.
IdentlfylnK &Dd usejiing potentlxl rlsks rel*ted io irrryularlll
In idcnlityin¥ and 8ss¢ssin8 risk¥ of ujaienal mjystalemcnl in respect o( irregulan'tie& includin¥ fraud and
nO[￿OmPlIanLt ￿th laws And rcxulauom. considered the followryn8'.
. the nature of th¢ and 4CCtor, control enviroDTDuLt and b￿lnesS pcr10rtnar￿C including thc dv4ign of the
Charily'm remunm¢ion poliiieN and pcrf(rmwKe tar8cts:
- Te$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 d￿UMentsU0ll of ¢heir ￿lIcIe¥ and pro¢edureg
rela¢ino u)..
- idcnlifying, evaluating Conwlying thith laws rtgulktions and whed*r 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.eomplia￿t 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 fra￿1.
A¥ a resuii of these pr(Kedure5. w¢ coLsKkred the LlPWrtuniiie¥ in¥¢n￿vts thai m*y 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￿￿¢d￿r&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 dete￿Inall0n of material a￿Unts and di*clo47￿¢S
in thc finaft￿la1 Statemenis. The kcy and reguiatiorLS cottsAdertd in thi8 contcxl iocluded the Charitics Acl 2011.
In addiiioo coL%lde￿d proi'i4ions of other law¥ and r¢gul81iun% thai do tjot havv # direci eifttl on thc f￿an￿la1
$talcmcnLS bui complL4ncc FJith 74thich may be fujjdamental to the Chan"Ws ability lo Op￿** or to awoid a maicrial
penalty. 'I'he5e itxludcd r(rylianc¢ with Hcalih aTKI Safcty le￿$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.
OUrp￿redUre5 to reswnd io risks ideotified ]ncludcd following..
- reTriew'in8 the financial 5taicmcnt di￿10￿VrE5 and ie51in& w 5upwrtitig d(Kullxelltstion tts agsess ¢otiipliall¢¢ with
provi%10￿¥ of relciTrnt and T¢gulaltvnN des¢TJbed as haNi￿g a d]r￿t 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 liliga￿ll a￿1 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 a￿1 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 adj￿￿t￿¢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 norn￿7
¢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 d￿￿riPti1)n of our rc4wnsibiliiies for thc audit of the fthancial state]￿ts 15 located on the Financial Rq)ortin
Council'.% wr￿811t ai TATrW.frc.org.uk'auditsip4re4p(KLsibilili•. This deKripii(In forn% part of nur ￿q￿tt 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
mai*r5 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¢S￿nsIbIlIty 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.imi*d
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 act1￿11¢￿
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
Inva5th￿l1 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
fi￿d$
Notes
VIXF.D AS8F,TS
Tanyible a￿et8
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 L￿￿F.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
CRED￿oRs
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 ￿$F.T5
l79232
844,198
21,210
1.044,640
929,122
Tr"LNDS
UnreslriLILd fundh.
Re%lrict£d funds
.ndowmenl funds
179,232
844,198
21,210
I10,t174
798,168
20,080
TOTAL FLNDS
1,044.640
929.122
Thc fi
ci
Stalen￿n￿ wrre approved by the B(yard of T[P￿tee$ 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£ *¢11￿15
Cash EcneTaied from 0￿d￿()￿S
68.442
61.563
Net castl provided by oper8txn8 activitL&S
6R.442
61.563
Caih flows from InveJthLg *cthrftl
Sal¢ of tangibl¢ fL￿d ￿$¢L%
Inlere%t re¢eiv
D]￿ideodS received
11.259
2.729
3,322
3.676
Nel Lash provided by inveuiir* a¢liviiipi
13.989
6,998
Chan%e ltt clih #Dd e#sh tqthlvalentj In
Ihe rep•rting ptrlod
C.Ish And eash oqulvil¢ni$ 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 DAv￿s 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 FI￿￿tIll
Artivitieil
Adjtsylmtnts for:
Depreciation charges
Loss on dAsposal of r￿ed
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 op*ra￿OnI
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 FIl￿NCIAL 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 oT￿t the ¢h#rify has entitlem¢nt 10 the fund6. it
Probable that the I￿orne 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 eco1￿Mie 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¢li￿lle5 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 e81irna￿d ￿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 fi￿￿15 can be ￿sed in accorda￿e with the eh2rithble objttti%ts at the discretion of the t￿t￿5.
Restncted fullds call on]y bc ￿￿Cd for pth¢ular I￿[l￿ted 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- rontTrll￿ed
HIRF, PURCHASE LEASING COMMMIENTS
Rentals paid under c?pvrtilinR lea*1 are ih#rg.rd 10 Il)¢ s￿￿￿eThi of Financial Acti¥ities on a sTright linc basL5
ovcr the peri¢xfj of the le45e.
PEP*SION COSTS OTHER POST-RETIREMENT BENEFITS
The charity operates & defined ¥ontribulion pe￿*10￿ ticheme
ContributioTh% p¥4yable 10 the charity's peLsion
5chrrnc are ch&rged io th¢ Siatemcnt of financi3J Acuvities in the Peri￿J to which they relate.
INN'LSTMEhTS
Ail 8aitL% and losses art lakcn io th¢ Staiemeni ofFIn￿l81 A¢uviiies as IW aris¢. R¢41i¥ed gains and105￿? On
inve.%¢mcnt are calculated 85 the ditTere￿e bdwten %8lLs pr￿c￿L¥ And their opemin8 carryinÈ value or their
purcb&se price if acqll￿ed subwuent kn the first dav of financial yeai Unrrall￿d gainq 8nd I0￿S 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 FU￿la1 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 recogn￿d 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 Di￿r$¢
Gajfield W&s¢oll Ftsund#tion
Mtscejl￿eo￿8
Dr D¥wi Davic
Williarns Bro¥￿￿1]1 CIO
G & MDaNie4
8tsuth HfftTrk l N(1 C.'ommunity Fund
N￿10￿1 inrtery Awd5 for All
Nlother8' LDion
I'cko Cirouridwork UK
MoondarKe foundaijon
Voluntrcnn8 W8le4 IWCVAI Fund
Th¢ Hel￿ smith {..h￿ilY
carmanhe￿￿hlre C¢Junty Council
C.ott)ic Relief
Lloyd% B￿k 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 VolUn￿ry 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¢ S￿1¢￿ of the Iloly Child
P¢mhrc>ke4hir¢ IAKdl FLXXI P￿tre￿hIp
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 r￿ed 8&set investrnents
Dq￿Sit a¢¢ount inierest
tnt¢ttsi
2,729
4.939
6.320
3,676
828
2.494
13,988
6,998
INCOME FROM cHAR￿ABI.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'arn￿rthcn FlyJnB Start
Child￿n 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 Cou￿WIllIes Grani
102,107
55.500
87.277
66.958
C.eredi8ion Famili￿¥ F'ir¥1
C8miffthen Lhildmi and
Communitses Grdn(
Children and Commvnitres (Y￿nt
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. Slllnll￿r of FUD
4,615
P￿e18
¢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
sup￿rt 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 lefv￿lshnKrn 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 REsPO￿sIBILITy
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 rn￿e 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 C￿TnrnunItIel Cyranl
172.415
8.630
10.
TKLS'TbLS' R￿.MU￿￿lllTI0N 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 ￿e￿rity 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 ernplo￿te bffl￿rits of the key ]wemeni per￿nnel 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
Cts*rltable 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 IT￿ing 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*Co￿lE
Other recognised gain￿{1￿￿e$l
Gal￿￿(10￿￿￿I on rcTr7luatiDn of fixed a
137
121.836
1 ?7,973
{3,850)
(5021
(4.4121
L¥et ￿0￿eMent 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
Res￿cted
rury
￿.ndn￿cnl
fund
Total
Iullds
RF.CONCILiATIOIS OF Fuf*DS
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
equipir*nt
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
Reval￿tIonS
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 In￿lMeDt9 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$tritted fumds
General ful
Revajuation
110.874
{4J571
72,715
106,517
72.715
110.874
68.358
179,232
Reitrl¢tÈd fvndi
Plant Dewi fund
Rev. Hcnry Nforgan Tnk8r
C.crcdiLtrion SLA
Cannanhenjhire SLA
South Ilook
Award8 fnr All
G&M Da￿1¢$
Dr Dewi DA￿e5
Baby Bur¥Jl¥
Landfill- Dttd'8 ¥roiip
Thc Henry Smith Chan'iy
Mcondance foundation. CFfci
Moondance foundaiion- Young Parettts
pro1￿t
G8rfi¢ld We*t¢)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 ParIners￿p
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
Endown*n¢ 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.MED*ry 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 FO￿d&Ll0￿ fijnd
Global'* Make Som¢ Noise
Fc)rrebter Fdmily
So¢ieiy ofTbe Holy je￿￿$ Child
Pcmbroke%hirc Local Foryj Parts*rship
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 FI￿ANCIAL STATE.MEIYTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
IOVEMF.YT IN FUNDS- condDDed
CDmp*r•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
Cl￿daU 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 fi￿d
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 FI￿￿CIAL 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
MOVE￿IENT IN FLryDS- eiiDtlnutd
Comparauve nct I￿vemen[ in fil￿. includd in the aknve 8rt &$ follows.
InconiinK
Re&ouT￿8
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-
C￿￿80r8 familits To8ether
M(K)ndan¢e F"(>undlllion
The Il'aterloo Foundaiion
Cleddau Commuilltv. Dad'% pmJ￿1
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
M￿nd&￿Le Found&tion- Young Parents
project
20th Anniversary Grant
A￿ld5 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 PrI￿r 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
Pl*nt DeHI Fr￿d
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 the￿r 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 capI￿l value of atl equity fund
inve4tsnent with the Repr￿n￿lIVe Ilcpdy of the C.hurcl) In WalL•. '1"￿. niuwket value tsf ilie WXICTI￿tt8
Lnvestmcnts fluctyja￿ from year to Irar. Ibe iTwTne 15 vsed ro support the objecis of the Cou￿11.
Ceredl8Aott SLA
Thi$ fupd rLyrvxDts fundin8 received from c¢￿11810￿ Coun¢v C¢)uncil to supwrt Family C•itres wryihin the
cer￿1810￿ re￿on.
C*rmarth¢Dshir¢ SIA
'rhis fufftd repr¥%¢nL¥ funding TEceiv¢d from Carnmnh¢TLthiTe County Council 10 suppon Family Centres within
the CarnW(hej￿bire re¥ion.
G&M D•iles
This fiJThl rq)rebrnts fits¥Jing fmm the Gwendoline and Marwet Davies Cban'ty the Baby BUT￿1¥
project.
B•by Bundle
Thi% fund r¢pre$ents Fundin¥ from th¢ Mothers, Uni¢ML Cawuwkn Coun¢y CoutKil and other don4uons for
the Haby Buttdle prthjecl.
Rl¥hop MIs51on and Gener*1 Fwid- CvimKorn F*milies Togeiher
Thi% fund$ represents fiJndmg trom thc S( David's Di(Kfs¢ towwds thc cost of numing 8 Faniili¢8 I'oBcthcr group
in c￿n￿or5.
MoDnd2n¢¢ Tround*tion
Thi5 ￿rtd$ represents. fundin8 fmm the M￿ndaDc¢ Foundats"ots towarth Dad's pmj*t and the Fgmilits 'l'ogether
group in Pembr£)kv*hiTe.
The WAterloo Foundatlon
rhi5 fund rCpre￿ts ruthd1￿ from the Wawk)o Fi)Undat￿n toward5 the Youag Parents ProiecL
Cleddau Communlty- Dad'¥ projeti
This fund r¢pres¢nL4 fundinE from Cleddau Cotnmutiity CollalK>rdtion toTrwdb thc fathcTS projeri b￿d ID
PmbrL?k¢ Dock The fund Js toward¥ th¢ GHrdettiJy p￿Je¢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% ts1Wa￿lS 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- COntiD￿ed
The fiLnd reprvscuts. fuvding from W'elsh Governt￿￿$ t*ndfill Disp￿] Tax CoMm￿ty scI￿ne {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￿¥11￿8 frnm the Ilenry Smith Clwiry towar& ￿nn1￿) costs for a D8ds projt%L and
Familic5 To8ether Groups in Pcrnbrok&4hire.
MI￿NdanCe 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 repre￿15 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.
Benef*et Trust
"I'his fvnding reccits'ed from Benef¥1 Tr￿1 to oul Tep4irs on ￿ Si Paul's Family Cenir¢ building.
Mlke It Happen FuDd
This fi￿d5' 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 W*lu IWCVA) Fmlld
Thi5 tiind rcprc*nLs fijnding frolll Wetsh Governmenl the WCVA rowards ￿11￿8 people volunteerillg
projccts.
Warm Sp*tes
Thi% fund represenL8 fi￿dIng 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 rep￿ttL$ 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)r￿entS 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￿[dEnd￿n8 th¢ Bahy Tlundlc Proj￿1
w￿.th pmiides r¢s￿￿e8 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$d¢ EMI%￿. This 8TOUP is opcn io all peren￿¢areT5 with children up to th¢ a¥c of I I
and offers a supp)nive. nurturing and non Judg￿Mental environ￿1.
Cledd•y C'.ommuDItv
This thrtd corLSi81N of fvnding from C.Itdd#u Cixnmunily Cr>lJAborniion towards the c<)st of rllnnio8 2 bamiliLs
Togethcr Group m P¢mbrok¢ Dock. This gr0￿P 1$ 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 Forres*r F￿￿llY a pn)j4xi for young p8rn1ts and a boby bundl¢ bank
CmarthcL*htrc Familie8 together ￿up$
ENDOWMEf*T FUNDS
Rev. Henry Nlorgatt Trnlt
'rhis fur￿ repKqcnts thc 8econd bffjuesl frorn Rev. Henry Morgan. It reprasents the ¢4pitrl value of the equity
fiuld InV￿*d 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 i1￿se restricted fi1￿Jg to the restricied Plant Dewi Fund in rel&iion
tllftnagement ch8rgGs llKurTtd. thr of fixed whv¢ th¢ r￿1￿￿01] 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
T￿ySFE￿ 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 FOUt￿tiO
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 i￿lependen1 tIW￿gerS. 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 rela￿d paty Ii%isa¢iiorLS for the ry eTh]ed 31 Mareh 2024.
Pa8e 33