2021-12-31-accounts

				Page
Charity information
Trustees' Annual Report
Statement ofdirectors'	responsibilities				9
Independent Auditors'	Report				11
Foods Statemean:-
Statement ofFinancial	Activities
Statement ofFinancial	Activities		—Prior Year statement		16
Statement oftotal recognised		gains and losses			17
Movements in funds					18
Revenue Funds					18
Income and Expenditure	account				19
Summary offunds					18
Balance sheet					20
Cash flow statement					22
Notes tothe accounts					24

fully detailed in the	accounts, can be summarised as foll	ows:-
		2021	2020
Net income		201,740	(78,140)
Umesiricted Revenue purposes ofthe charity	Funds available for the general	893,531	787,136
Restricted Revenue Funds		668,289	572,944
Total Funds		1,561,820	1,360,080

				Current year	Current year	Current year	Prier Year
			R„	tie~mum Funds	Restricted Fuads	Total Feuds	Total Fuads
				2021	2e21	2021	2020
					t	f
Income &Endowmeats		from:
Donations	ts Legacies		A1	72,000		72,000
Charitable	activities		A2	41,924		41,924	35,750
Investments			A4	13,676	11,424	25,100	24,784
Other			A5	52,206		52,206	17,934
Total income				1'79,806	11,424	191,230	78,468
Expenditure on:
Charitable	activities		B2	112,101	3,108	115809	134,886
Other			B3		9,243	9,243
Total expenditure			B	112,101	12,351	124,452	134,886
Net gains on investments			B4	38,690	96,272	134062	(21,722)
Net income	for the year			106395	95,345	201,740	(78,140)
Net income	after transfers		A-B-C	106,395	95,345	201,740	(78,140)
Net movement iu fends				106495	95,345	201,740	(78,140)
Reconciliation offunds:-
Totalfunds	broughtforward			787,136	572,944	I/60,080	1,438,220
Total funds	carried forward			893,531	668/89	1,561,820	1,360,080

				SORP	Prior Year	Prier Year	Prier Year
					Unrestricted	Restricted	Total Funds
					Funds	Funds
					2020	2020	2020
					f
Income ds	Endowments		from:
Donations	n Legames			Al
Investments				A4	16,283	8,501	24,784
Other				A5	17,934		17,934
Total income							42,718
Expenditure ont
Charitable	activities			B2	125,123	3,260	134,886
Total expenditure				B	125,123		134,886
Net gains on investments				B4	(15,221)	(6,501)	(21,722)
Net income for the		year			(106,127)	(1,260)	(113,890)
Transfers	between	funds
Net income	after traasfcrs				(106,127)	(1,260)	(135,612)
Net movement ln feeds					(106,127)	(1,260)	(135,612)
Reconciliation offuads:-
Total funds	brought	forward			860,774	577,446	1,438,220
Total funds	carried	forward			754,647	576,186	1,302,6il8

		2021	2020
Surplus for the year:-
Net excess ofincome over expenditure Rom operations before tax		76,02i	(56,418)
Realised gains on dispose(a ofsocial investments which are programme	related
Realised net gains/(tosses) Spare heading for realised gains and losses		(9,243)
incomePom operations before tax in the Stetetaeat ofEinanciel Acaritas		66,778	(56,418)
Add/(deduct) non income and espendiyare iiemst-
Unrealised gains on investments		134,962	(21,722)
Net Movement in funds before taxation		201,740	(78,140)
Funds generated ia the year as shown oa Statemeat ofFinancial Activities		201,740	(78,140)
The notes attached on pages 24to 41form an integral part of	these accounts.

2021towards Sxcd asse	ts for	Charity	use:-
				2021	2020
				8
Funds generated in the year ss	detailed	in the SOFA		201,740	(78,140)
Resowccs applied on functional	fixed	assets		119,621
Other applications offunds				9,243
Net resources available to	fund charitable		activities	330,604	(78,140)

			Unrestricted	Restricted	Total	Last year
			Fuads	Funds	Funds	Total Funds
			2021	2021	2021	2020
Accmnulated	funds brougbt forward		787,136	572,944	1,360,080	1,438,220
Recognised transfers	gains and	losses before	106,395	95,345	201,740	(78,140)
			893,531	668,289	1,561,820	1,360,080
Closing revenue funds			893,531	668,289	1,561,820	1/60,080
Summary	of funds		Unrestricted	Restricted	Total	Last Year
			snd	Fuads	Funds	Total Funds
			Designated funds
			2021	2021	2021	2020
			f	f
Revenue accumulated		funds	893,531	668,289	1,561,820	1,360,080

				2021	2020
Income
Income Bum operations				113,924	35,750
Investment income
Income from investments, other than interest	receivable			25,100	24,784
Other operating income				52,206	17,934
Gross income in the year before exceptional	items			191,230	78,468
Gross income in the year including exceptional items					78,468
Expenditure
Charitable expenditure, excluding depreciation	and	smortisation		110,949	130,788
Governance costs				4,260	4,098
Realised losses on disposals ofsocial investments		which are programme	related
Realised lasses on the disposal ofL&B				9,243
Total expenditure in the year				124,452	134,886
Net income before tax in the financial year				66,778	(56,418)
Tsx on surplus on ordinary activities
Net income after tax in the financial year				66,778	(56,418)
Retained surplus for the fiaancial year				66,778	(56,418)
All activities derive kom continuing operations

			SORP
		Note	Ref		2021		2020
							8
Fixed assets			A
Tangible assets		7	A2		180,000		299,621
Investments held as	fixed assets	8	A4		943,738		622,276
Total axed assets					1,123,738		921,897
Current assets
Debtors		9	B2	57,924		56,598
Cash at bank snd in	hand		B4	387,285		465,035
Total current assets				445,209		521,633
Creditors; amounts year	falling due within one	10	CI	(7,127)		~(o.4lo
Net current assets					438,082		438,183
The total net assets	ofthe charity				1,561,820		1460,080
The total net assets	ofthe charity are funded	by the	funds ofthe charity, as		follows:-
Restricted funds
Restricted Revenue Funds		13	D2	668,289		572,944
					668,289		572,944
Unrestricted Funds
Unrestricted Revenue	Funds	13	D3	893,531		787,136
					893,531		787,136
Designated Funds
Total charity funds					1,5611820		1,360,080

				2021	2020
Cash flows from operating activities
Net cash provided by operating activities as shown		below	A	(26,728)	(19136)
Casts flows from investing activities
Other investment income, including	rents &om investments			25,100	24,784
Proceeds fiom sales ofinvestments
Purchase ofinvestments				(186,500)
Net cash provided by investing	activities		B	(161,400)	24,784
Cash flows froor financing activities
Net cash provided by financing	activities
Overall cash provided by all activities		A+B+C		(188,128)	5,648
Cash movements
Change in cash and cash equivalents	horn activities	in the year
ended 31December 2021
				(77,750)	5,648
Cash and cash equivalents at 1 January 2021				465,035	459,387
Change in cash and cash equivalents	due to exchange rate movements
Cash at bank and in hand less	overdrafts at 31December			387,285	465,035

Net income(expenditure) as shown in the Statement ofFinancial Activities	Net income(expenditure) as shown in the Statement ofFinancial Activities	201,740	(78,140)
Adjosooeatrfor:-
Write downs ofinvestments
Net uurcsliscd losses on investment	assets	(134,962)	21,722
Dividends, interest sud rents fium investments		(25,100)	(24,784)
Loss on the sale ofFix4xl aud Intangible Assets		9,243
Decrease in debtors		(1,326)	4,431
Increase in creditors, excluding loans		(76,323)	57,635
Net cash provided by operating	activities		~(' '4
Analysis ofcash and cash equivalents
		2021	2020
Cash in hand at for the year ended 31December 2021		387,285	465,035
Notice deposits - (less than 3 months)
Total cash and cash equivalents		387285	455,035

	At start	Cash	Atsad
	ofyear	Flows	ofyear
Cash	465,035	(77,750)	387,285
Total	465,035	~7503

	The net surplus before tax in the financial year is stated	The net surplus before tax in the financial year is stated	The net surplus before tax in the financial year is stated	after charging:-
	Auditors' remuneration
5	Investment gains
	Unrealised gains/(losses) sad	writing	down efcarrying	values
	Listed investments -Unreslised				38,690	96,272		134,962	(21,722)
	Total unrealised gains/(tosses)	etc			3&,690
	Total realised and unrealised	gains
	Unreslised gaiasldcssesj aad	wrhiag	down cftarrying	values
	Listed investments -Unrealised				(16,22I)	(6,301)		(21,722)
	Total unrealised gains/Oosses)	etc			el i~i		~
	Total realised and unrealised	gains

					Investments	in	Listed	Other Cresses
					subsidiaries		investments	efInvestment	Total
	Carrying values ofinvestments
	At I Janus)y	2021				23	622,253		622/76
	Additions						186,500		186,500
	Revaieadon	at 31December		2021			134,962		134,962
	At 31December 2021					23	943715
	Analysis between fair		value	and historical cost
	Investments as above held at			fair value		23	943,715		943,738
9	Debtors
								2021	2020
								8	8
	Other debtors							57,924	56,598
10	Creditors:	amounts	falling due within one year					2021	2020
									8
	Accroals							510	492
	Other creditors							6,617	82,958
								7,127	83,450
11	Income and	Expenditure		account summary				2021	2020
								8	8
	At 1January	2021						1,381,802	1,438,220
	Surplus after	tsx for the	year					66,778	(56,418)
	At31December 2021							1,448)580	1,381,802

At 31December	2021	2021		Unrestricted	Desigeatcd	Restricted	Total
				funds	fueds	funds	Fends
					5
Tangible Fixed Assets				(i)9,621)		299,621	180,000
Fired asset investments				757,519		186,219	943,738
Current Assets				357,613		87,596	445,209
Current Liabilities				(6,635)		(492)	(7,127)
				988,876		572,944	1,561,820
At 1January 2021				Umcsuictcd	Designated	Restricted	Total
				fuses	funds	funds	Funds
Tangible Fixed Assets						299,621	299,621
Fixed asset investments				429,556		192,720	622/76
Current Assets				436,047		85,586	521,633
Current Liabilities				(82,968)		(480)	(83,450)
				782,635		577,447	1860,080
Change in total	funds over the		year as shown	in Note 12,analysed by individual funds
				Fueds brought	Mevemeet in	Transfers	Funds carried
				forward from	funds in 2021	between funds	forward te
				2020		in 2021	2022
					See Note 14
Unrestricted uud designated fuudsc-
Unrestricted Revenue		Funds		787,136	106,395		893,531
Total unrestricted	and dedgnated		funds	787,136	106,395		893,531
Restricted funds:-
Retirement Homes Fund				572,944	95,345		668,289
Total restricted funds				572Jt44	95@45		668,289
Total charity funds				1360,080	201,740		1461,820

				Other
		Income	Expenditure	Gains dr	Movement
				Losses	in funds
		2021	2021	2021	2021
Unrestricted	ead designeard funds:-
Unrestricted	Revenue Funds	179,806	(112,101)	38,690	106495
Restricted fuudsr-
Retirement	Homes Fund	11,424	(12,351)	96,272	95,345
		191/30	(124,452)	134,962	201,740

	Carrent year	Current year	Current year	Prior Year
	Unrestricted	Restricted	Todd Funds	Total Funds
	Funds	Fuada
	2021	2021	2021	2020
Reveaue grants and denatioas from aou
public bodies
Marcia Abetystwyth	72,000		72,000
Total private sector reveaue grants	72,000		72,000

Currentyear		Current year	Current year	Curreal year	Prior Year
		Uarestrialad	Restricted	Total Funds	Total funds
		Panda	Fuads
		2021	2021	2021	2020
Primary purpose and ancillary	trading
Commission Received - charitable	acuvities
		41,924		41,924	35,750
Total Primary purpose and ancillary trading		41,924		41,924	35,750

				Currenc year	Curreat year	Curreat year	Prior Year
				Unrestricted	Restrrcted	TotaiFunds
Currraryear				Punds	Feeds		Total Funds
				2021	2021	2021	1020
Total income fmm charitable		trading		41,924		41,924	35,750
Total from charitable	activities		A2	41,924		41,924	35,750

Property Rental	Income
Other Investment	income
Total investment	income	A4

Current year	Current year	Curreat year	Prior Year
Unrestricted	Restricted	Total Fuads	Total Funds
Funds	Funds
2021	1021	2021	1020
	3,800	3,800	3,672
13,676	7,624	21,300	21,112
13,676	11,424	25,100	24,784

21	Other income and gains
		Current year	Current year	Current year	Prior Year
		Unreetrlcted	Restricted	Total Funds	Total Funds
	Current year	Fuads	Funda
		2021	2021	2021	2020
	Sundry other income	248		248	800
	Proceeds &cm closed chapels	51,958		51,958	17,134
	Total other income	52,206		52,206	17,934

			Current year	Current year	Curreat year	Prior Year
			Unrestricted	Restricted	Total Fuada	Total Funds
Current Year			Funds	Paade
			2021	2021	2021	2020
Travel and Subsistence - Charitable
Activities						202
Other donations	and subscriptions		65,423		65,423	69488
Total direct spending		B2a	65,423		65,423	69,590

23 Support costs for charitable	23 Support costs for charitable	aciivities	aciivities
				Current year	Curreut year	Current year	Prior Year
Current Year				Usrestricted Fuuds	Restricted Funds	Total Funds	Total Funds
				2021	2021	2021	2020
Employee costs notincludedin			direct costs
Travel and subsistence -staff				1,072		1,072	2$9
Co-ordinsior funding				36,610		36,610	40,$34
Premises Expenses
Rates and water charges Premises repairs, renewals	and				575	575	2/48
maintenance					135	135	1,53$
Property insurance					547	547	789
Rental Property expenses							3,160
Administrative overheads
Sundry expenses				40		40	307
General administration costs					i,341	1,341	1436
Professional feespaid to udvisors			other than the uuditor or examiner
Legal fees				4,440		4,440	9,876
Other legal and professional					510	510	492
Financial costs
Bank charges				256		256	229
Support costs before reallocation				42,418	3,108	45,526	61,198
Total support costs -Current Year				42&418	3&10$	45&526	61&198
				Current year	Current year	Prior Yesr
				Unrestricted	Restricted
				Fuuds	FU&lds	Total Funds
				2021	2021	2020
					2,34$	2448
					1,538	1,538
					789	7$9
General administration costs					1,336	1336
Professional fi.'espaid to advisors			ether
Other legal and professional					492	492
Support costs before reallocation Total support costs - Prior Year				54,695 54,695	6,503 6503	61,198 61,198

			Current year	Current year	Current year	Prior Year
Current	Year		Unrestricted Funds	Restricted Fuadh	Total Funds	Total Fuads
			2021	1021	2021	2020
Auditor's	fees		4360		4460	4,098
Total Governance		costs	4,260		4,260	4,098

Current year	Current year	Current year	Prior Year
Unrestricted	Restricted	Total Funds	Total Funds
Funds	Funds
2021	2021	2021	2020
65,423		65,423	69,590
42,418	3,108	45,526	61,198
4,260		4460	4,098
112,101	3,108	115,209	134,886

Current year Unrestricted Funds 2021 Current year Restricted Funds 2021 Current year Total Funds 2021 Prior Year Total Funds 2020 65,423 42,418 4,260 3,108 65,423 45,526 4460 69,590 61,198 4,098 112,101 3,108 115,209 134,886

Current Year Funds 2021 Funds 2021 2021 Total direct spending Total support costs Total Governance costs B2a B2d B2e 65,423 42,418 4,260 3,108 65,423 45,526 4460 Total charitable expenditure B2 112,101 3,108 115,209 Prior Year Prior Year Uarestrieted Funds 2020 Prior Year Restricted Fends 2020 Prior Year Total Funds 1020 Total direct spending Total support costs Total Governance costs B2a B2d BZe 69,590 51,435 4,098 3,260 69,590 61,198 4,098 Total charitable expendtture B2 125,123 3460 134,886

Funds 2021 Funds 2021 2021 65,423 42,418 4,260 3,108 65,423 45,526 4460 112,101 3,108 115,209

	Current year			Current year	Current year	Current year	Prior Year
				Uarestricted	Restricted	Total Fuads	Total Funds
				Funds	Funds
				2021	2021	2021	2020
	Realised losses on the	disposal ofLAB
					9,243	9,243
	Total losses		B3		9,Z43	9,243
27	Total ofother expenditure
				Current year	Current year	Current year	Prior Year
				Uarestricted	Restricted	TotalFunds
	Current Year			Funds	Fuads		Total Funds
				2021	2021	2021	2020
	Total other expenses	aud costs			9,243	9,243
	Total other expenditure		B3		9,243	9/43

			SOFA ref	2021	2020
Activity
Income from charitable		activities
Fee re sale	ofChapels			41,924	35,750
Summary	ofToad Income, including		the items above
Charitable	activities		A2	41,924	35,750
Donations	&Legacies		A1	72,000
Investmect	income		A4	25,100	24,784
Other income			A5	52,206	17,934
Total income as showa in the SOFA				191,230	'70,468
Categories	oyincome
Income from exchange transactions				191,230	78,468

Activity
					Direct costs		Support	Grant
							costs	funding of	Total	Total
								activities
					2021		2021	2021	2021	2020
iteggieos acrivides
Direct costs					65,423				65,423	69,590
Employee costs not		included in direct costs					37,682		37,682	41,123
Premises expenses							1,257		1,257	7,835
Administrative overheads							1,381		1381	1,643
Professional fees							4,950		4,950	10,368
Financial costs							256		256	229
Total Religious activities					65,423		45,526		110)949	130,788
					Direct costs		Support	Grant
							costs	funding of	Total	Total
								activities
					2021		2021	2021	2021	2020
faber cberireale	ecdvidies
Losses on disposals		offixed assets			9@43				9,243
Summary ofcharitable			costs by activity
					Direct costs		Support	Grant
							costs	fuading of	Total	Total
								activities
					2021		2021	2021	2021	2020
Total Religious activities					65,423		45,526		110,949	130,788
Total Other cheutsble		activities			9,243				9,243
Total Governance	costs as detailed in Note						4,260		4,260	4,098
Total charitable expenditure					74,666		49,786		124,452	134,806
Analysis ofsupport		and	governance	costs	by charitable	aetivitles
					Governance		Finance	Human	Other	Total
Activity								Resources	Overheads
Religious activities					4,260		256	37,682	7,588	49,786