|Contents||Pages|
|---|---|---|
|Trustees'
report||1-12|
|Independent
auditors'|report|13-15|
|Statement offinancial|activities|16-17|
|Balance sheet||18|
|Cash flow statement||19|
|Notes to the financial|statements|20 —37|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Ministry Share Collection|||||89.7%|916%|
|Net income/(expenditure)||for the year on unrestricted|funds|before|122,030|210,747|
|unrealised
gains|||||||
|Value ofunrestricted|reserves||||4,905,223|4,441,004|
|Clergy positions:|||||||
|Stipendiary|||||50||
|Non-stipendiary|||||17||
|House for duty|||||1||
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|||||Note|2021|2020|
|---|---|---|---|---|---|---|
||||||6||
|Fixed Assets|||||||
|Investments||||10|5,634,059|5,027,416|
|Long Term Loans||||11|335,000|335,000|
||||||5,909059|5,362,416|
|Current Assets|||||||
|Debtors: due within one year||||12|364,634|130,405|
|Cash at bank and
in hand||||13|1,247,414|1,432,278|
|Total current assets|||||1,612,048|1,562,683|
|Liabilities
Creditors
falling due within|one year|||14|~009,799|~612,733|
|Net current assets|||||1,102,249|949950|
|Total assets less current
Creditors
falling due after|liabilities
more than one year|||15|~335,000|~335,000|
|Net assets|||||6736300|5.077,366|
|The funds ofthe charity|||||||
|Unrestricted
Funds||||16|4,905,223|4,441,004|
|Designated
Funds||||16|146,431|146431|
|Total unrestricted
funds|||||5,051,654|4,587,435|
|Restricted funds|||||||
|Ministry Area Transformation||Fund||16|64,392|179,867|
|Restricted
Income Funds (Parsonage|||Maintenance|16|287,621|15,662|
|Fund and Church
Maintenance||Funds)|||||
|Legacy and Benefactions|Account and||Trust Funds|16|1,332,641|1,194,402|
|(Restricted
Capital Endowment||Funds)|||||
|Total restricted
funds|||||1,684,654|1,389,931|
|Total Charity funds|||||6,736,308|5,977,366|
##
|Cash flow statement for the year en|d|ed 3|1 Decembe|r 2021||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6||
|Net cash flows from operating
activities||||~333,382|323,851|
|Net cash flows generated
from investing|activities|||||
|Dividend
and interest from investments||||124,100|127,208|
|Purchase of investments||||(1,169,307)|(1,501,807)|
|Proceeds from sale ofinvestments||||1,244,037|1,555,809|
|Investment
Management
Fees
Net (increase)
in cash balances
held by Investment|||Managers|(19,600)
~36,212|(17,860)
~43,286|
|Net cash provided
by / (used in) investing|activities|||148,518|120,054|
|Cash flow from financing
activities||||||
|Repayments
ofloans receivable
Repayments
ofloans repayable|||||15,000
~15.565|
|Net cash provided
by/ (used in) generated||by financing||||
|activities||||||
|Change
in cash and cash equivalents
in the year||||(184,864)|443,915|
|Cash and cash equivalents
at the beginning||ofthe reporting||||
|period||||1,432,278|988,363|
|Cash and cash equivalents
at the end of|the reporting|||||
|period||||1,247414|1,432 278|
|Reconciliation ofnet income to net cash|flow generated|||||
|from operating
activities||||||
|Net Income for the reporting
period (as per||statement of||||
|financial activities)||||288,297|153,840|
|(Increase)/Decrease
in debtors||||(234,229)|134,166|
|Increase/(Decrease)
in creditors||||(102,934)|184,392|
|Realised Gain on investments||||(180,016)|(39,189)|
|Dividends
and Interest from investments||||(124,100)|(127,208)|
|Investment
management
fees||||19,600|17,860|
|Net cash flows generated
from operating|activities|||~333,382|323,861|
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|5|Income||||||||
|---|---|---|---|---|---|---|---|---|
||||||||Total|Total|
||||||||Funds|Funds|
||||||||2021|2020|
|5.1|Donations
and legacies|||||||F|
||Ministry Share assessed||by the DBF||||1,680,664|1,800,865|
||Contributions
from the Representative||||Body:||||
||Block Grant||||||615,270|850,663|
||COVID-19Financial Support||||||778,665|788,881|
||Church
Improvement
Grant||||||37,500|22,500|
||Church
Improvement
Grant||—Historic Sales|||Fund|39,000||
||Diocesan Advisory|Committee|||||8,333|8,333|
||Widows, Orphans|and Dependents||Grant|||4,300|2,740|
||Parsonage
Improvement
Interest (restricted|||||fund see note|||
||17)||||||388|1,283|
||Grants and Donations
received:||||||||
||Eastmoor Trust||||||62,958|32,169|
||Allchurches
Trust||||||19,925|19,925|
||Isla Johnson Trust||||||3,000|3,000|
||Diocesan Trust||||||33,929|33,248|
||Parsonage
Repair|Grants (restricted||fund|see note 17)||16,685||
||Widows,
Orphans|&Dependents|||||237|237|
||Other Grants and|Donations|||||71|250|
||||||||3,300,925|3,564,094|
##
|or t|he year ended 31 December 202|1 (|c|ontinued)||||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||Funds|Funds|
|5.2|Charitable
Activities|||||2021
6|2020f|
||Resource Centres —Admi nistrati ve|Services||||||
||Eastmoor Resource Centre, Swansea||||||597|
||Diocesan Centre, Brecon|||||1,502|473|
||Resource Centres - Room Lettings|||||||
||Eastmoor Resource Centre, Swansea|||||||
||Diocesan Centre, Brecon||||||22|
||Parsonage
Rental Income (restricted|fund||- see note|17)|61,960|42,886|
||Contribution
from Parishes|||||4,948|5,187|
||Contributions
from Diocesan onganisations|||||2,890|2,640|
||Marriage Licence Fees|||||4,440|3,000|
|||||||75,740|54,805|
|ncomi|ng resources from Charitable
Activities|includes Parsonage||||Rental Income of|661,960(2020|
|42,8|86) and Contributions
from Parishes
towards|||expenditure|on|personages
ENII|(2020:E1,267|
|hich|are credited to a restricted
income fund.|||||||
|||||||Total|Total|
|||||||Funds|Funds|
|||||||2021|2020|
|||||||E|E|
|5.3|Investments:|||||||
||Fixed Asset Investments
and Banks|||||||
||Income from fixed asset investments||-|listed||91,797|102,039|
||Income from Representative
Body Common|||||||
||Investment
Fund Units|||||1,180|911|
||Bank and money
market interest|||||67|397|
||Other interest|||||385|533|
||Income from Investment ofBequests|||||||
||(E19(2020:f19)restricted
fund - see|note||17)||30,671|23,328|
|||||||124,100|127,208|
##
##
|or t|he year ended 3|1|Dece|m|ber|2021 (c|ontinued)|||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Total|Total|
|||||||||Funds|Funds|
|||||||||2021|2020|
|5.4|Other Income|||||||5||
||Insurance
Claims||- restricted|||||184,492|13,438|
||Job Retention|Scheme||Grant||—restricted||6,066|10,052|
|||||||||190,558|23,490|
|6|Expenditure|||||||||
|||||||||Total|Total|
|||||||||Funds|Funds|
|||||||||2021|2020|
|6.1|Support for Ministry|||||||5|S|
||Stipends 5Fees|||||||||
||Stipends and|allowances||||||1,609,778|1,956,550|
||Vacancy fees|||||||1,381|3,605|
||Council Tax|||||||129,366|121,994|
||Parsonages|||||||||
||Maintenance|ofParsonages||||(restricted|fund see|||
||note 17)|||||||635,014|322,989|
||Insurance
ofParsonage||||Houses|||13,831|13,403|
||Custodians'
expenses|||||||9,378|5,455|
||Clergy Expenses|||||||||
||Archdeacons'|expenses||||||5,181|4,582|
||Area Deans' expenses|||||||157|583|
||Removal
and|disturbance|||allowances|||19,291|15,364|
||Travel and other||expenses|||||3,966|127|
||Training|||||||||
||Ordinands|||||||8,052|1I1,242|
||Continuing
Ministerial|||Education||||3,855|7,164|
||Readers|||||||380|204|
||Support Costs|||||||||
||General
Fund (see note 6.6)|||||||102,972|94,701|
||Restricted Parsonage||Fund|||||56,446|56,773|
|||||||||2,599,048|2,614,736|
##
##
||||Total|Total|
|---|---|---|---|---|
||||Funds|Funds|
|6.2|Support for Parishes||2021f|2020f|
||Sector Mlnlstrtes||||
||Rural Life Ministry||16,187|18,508|
||Social Responsibility||21,215|21,004|
||World Mission||134|45|
||Christian
Deliverance|||35|
||Spirituality||78||
||Older People||996|1,869|
||EcoChurch||116|87|
||Intercession||72||
||Evangelism
and Outreach||20,454|13,221|
||Statutory
Education||42,286|40,820|
||Children,
Youth and Family||144,054|141,481|
||Diocesan Expenses||||
||Ministry Area Development|Support|48,355|47,739|
||Safeguarding|||19|
||Diocesan Archivist||200|200|
||Eastmoor Centre||12,900|29,832|
||Diocesan Centre||29,591|37,067|
||Support Costs (see note 6.5)||96,851|92,228|
||||433,435|444.155|
||||||Total|Total|
|---|---|---|---|---|---|---|
||||||Funds|Funds|
|6.3|Church Property||||2021f|2020f|
||Inspections ofChurches|and|Halls||9,548|10,862|
||Diocesan Advisory
Committee||expenses||16,067|14,220|
||Churches
and Pastoral|Committee||expenses|1,606|1,349|
||Support Costs (see note 6.6)||||35,310|31,876|
||||||62 531|53 331|
##
##
|or t|he year ended 31Dec|ember 20|2|1 (continued)|||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||Funds|Funds|
|6.4|Other Financial Support||||2021
6|2020f|
||Diocesan Bodies||||||
||Bishop's Fund||||12,000|12,000|
||Brecon Cathedral
Grant||||41,190|41,190|
||Diocesan Mission Fund||||15,789|40,616|
||Church
Repair Grants||||14,290|30,250|
||Representative
Body|- Emergency||Repairs Fund|16,667|16,667|
||Parish Assistance
Fund||||20,125|10,000|
||Social Responsibility|Grants|||35,357|35,008|
||Widows Orphans
&Dependants||Grants||11,663|12,830|
||Curate Support Grant|to Parishes|||7,500|4,500|
||Retired Clergy||||209|153|
||Anglican,
Ecumenical,
and other bodies||||||
||World Mission Grants||||21,500|20,000|
||Llangasty
Retreat House Grant||||5,000|5,000|
||Other Grants||||1,000|1,000|
||Support Costs (see note|6.6)|||8,013|7,852|
||||||210,303|237,066|
||||||2021|2020f|
|---|---|---|---|---|---|---|
||Faith in Families (Social Responsibility|||Grants)|56,572|56,012|
||Brecon Cathedral||||41,190|41,190|
||Representative
Body - Emergency||Repairs Fund||16,667|16,667|
||Mission Fund —St|Thomas Swansea,||Student Pastor||15,000|
||Bishop ofSwansea|&Brecon Fund|||12,000|12,000|
||||||Total|Total|
||||||Funds|Funds|
||||||2021|2020|
|6.5|Communications||||||
||Communications
and Media||||1,550|3,655|
||Newsletters
and Diocesan Publications||||874||
||Support Costs (see note 6.6)||||37,404|38,441|
||||||39,828|42,096|
##
##
||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|
||||||||2021|2020|
|6.6|Support Costs - Management||||and Administration|||6|
||Salaries including||pensions|and|pension|scheme|||
||contributions|(see|note 7.1)||||279,898|269,744|
||Staff and Office expenses||||||52,350|44,667|
||||||||332,248|314,411|
|otal|support costs|are charged to||the|Statement|of Financial|Activities as follows:||
||||||||Total|Total|
||||||||Funds|Funds|
||||||||2021|2020|
|||||||||5|
||Support for|Ministry|||||102,972|94,701|
||Support for|Parishes|||||96,851|92,228|
||Church
Property||||||35,310|31,876|
||Other Financial Support||||||8,013|7,852|
||Communication||||||37,404|38,440|
||Governance|Costs|||||51,698|49,314|
||||||||332,248|314,411|
##
||||Total|Total|
|---|---|---|---|---|
||||Funds|Funds|
||||2021|2020|
|Staff and Administrative
Costs (see||note 6.6)|51,698|49,314|
|Company|expenses||13|48|
|Audit fees|||10,092|10,273|
|Diocesan|Conference and Standing|Committee|141|157|
|Governing|Body Meeting expenses||3946|1,024|
||||62 893|60,816|
##
##
##
||Analysis of|staff c|osts and tr|ustees'|remuneration
|and expenses||
|---|---|---|---|---|---|---|---|
|||||||Total|Total|
|||||||Funds|Funds|
|||||||2021|2020|
|||||||6||
|7.1|Salaries including||pensions|and pension scheme||||
||contributions|||||||
||Salaries|||||465,462|459,442|
||Social security costs|||||38,196|35,595|
||Pensions|||||5,029|4,984|
||Pension scheme defined contributions||||(see below)|&,366|60,000|
|||||||572,053|560,021|
|otal|salaries and|related|costs are charged||to the Statement|of Financial
Activities as follows:||
|||||||Total|Total|
|||||||Funds|Funds|
|||||||2021|2020|
|||||||6||
||Support costs (see||note 6.6)|||279,898|269,744|
||Support for|Parishes:||||||
||Diocesan|Officers||||207,160|195,871|
||Resource|Centre|Staff|||21,913|30,954|
||Diocesan|Archivist||||200|200|
||Church Property:|||||||
||DAC Secretary|||||15,230|14,162|
||Parsonage|Board||||47,652|49,090|
|||||||522 553|560,021|
##
##
##
##
|exclud|ing
empl|oye|r
pension costs) fell within the fo|llowing
bands:||
|---|---|---|---|---|---|
|||||2021|2020|
|||||No.|No.|
|From|630,001|to|640,000|1|1|
|From|540,001|to|F50,000|||
|From|550,001|to|f60,000|1|1|
|Total||||||
##
|8|Other Resources|Expended|Expended|||
|---|---|---|---|---|---|
|||||Total|Total|
|||||Funds|Funds|
|||||2021|2020|
|||||6|6|
||Write offofuncollectable||Ministry Share|50,681||
||Provision against|unpaid|Ministry Share|99,672|179,909|
|||||150,353|179,909|
||Net income/(expenditure)|||||
|||||2021|2020|
|||||6|6|
||Net income/(expenditure)||is stated after charging:|||
||Audit fee|||10,105|10,273|
##
##
|0
Investments||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||Fixed||||||||||||
||||interest|||||||||||||
|||debentures||||||||||||||
|||||&||||||||||||
|Investments||corporate||||Unit trust|||||Other||||Total|
|UK - listed|||bonds|||investments||||investments|||investments|||
|Book and market value||||||||||||||||
|At 1 January 2021
1,534,448|||438,711|||1,757,023|||||1,297,234||||5,027,416|
|Additions
182,353|||228,153||||994,582||||30,712||||1,435,800|
|Disposals
(578,681)|||(90,617)|||(810,520)||||||||(1,479,818)||
|Gains on disposal
(11,170)||||5,168|||186,018||||||||180.016|
|Gains on revaluation
295,973||||5,017|||34,562||||135,093||||470,645|
|At 31 December 2021
1,422,923|||586,432|||2,161,665|||||1,463,039||||5634,059|
|Fixed asset investments
are held as follows:||||||||||||||||
||||||||||||2021||||2020|
||||||||||||6||||f|
|Held In General Unrestricted
Funds||||||||||||||||
|Investment
assets UK - listed|||||||||||1,422,923||||1,534,448|
|Fixed interest debentures
and corporate bonds|||||||||||586,432||||438,711|
|Unit Trust investments|||||||||||2.161.665||||1,757,023|
|Other investments
comprise:||||||||||||||||
|Held in General Unrestricted
Funds||||||||||||||||
|29,652(2020:29,652) Representative
Body||||||||||||||||
|Investment
Fund Units|||||||||||69,424||||62,788|
|Brewin Dolphin Cash Deposit Account|||||||||||ND||||109,916|
|General Unrestricted
Funds|||||||||||||||172,704|
|Held in Restricted Capital, Endowment
Funds||||||||||||||||
|Legacy and Benefactions Account and Trust||Funds||||||||||||||
|Held by Swansea and Brecon Diocesan Trust|||||||||||641,509||||570,624|
|Held by the Representative
Body|||||||||||602,246||||544,674|
|Held by the Board ofFinance|||||||||||9 3||||9232|
|Restricted
Capital, Endowment
Funds|||||||||||tt||||«
30|
|Total Other Investments||||||||||||||||
|Total investments||||||||||||||||
|Restricted
Capital,
Endowment
Funds||include||investments|||held||by|the|Swansea||and||Brecon|
|Diocesan
Trust and
by the RBCIW.|Of the||aggregate|||investments||||held|by the Swansea
and|||||
|Brecon Diocesan
Trust,
units are allocated|||as being||held||on behalf|||of Company.||The||carrying||
|value shown
under this heading above||represents
this allocation.||||||Units||held at 31 December 2021||||||
|are 336,495(2020:336,495).||||||||||||||||
|Investments
held by the Representative||Body|on behalf||ofthe Company are in respect||||||||ofLegacies|||
|and Trust Funds. These investments|are held|||as a number|||of units|||in the Representative|||||Body|
|Funds. The aggregate
number
of units||at 31|December|||2021 are||257,227|||(2020:257,227).|||||
|The carrying
value of investments
held||in the||Restricted||Capital,|||Endowment
Funds||||is|stated
in||
|accordance
with the accounting
policy in note 1 ofthese financial
The historic
cost of the above
investments
at 31" December||||||||statements.
2021 was E3,744,731|||||||(2020:|
|r3,606,734)||||||||||||||||
##
##
##
|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|General Unrestricted||Funds||||8||
|Loans funded|by representative||body:|||||
|Retired clergy equity||linked housing||loans||300,000|300,000|
|Retired clergy|non equity linked||housing||loans|35,000|35,000|
|||||||335,000|335,000|
|12|Debtors: due within one year|Debtors: due within one year|Debtors: due within one year||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||General Unrestricted
Funds||||||
||Parish share||||922,010|847,747|
||Payments
in advance||||18,947|18,750|
||Parochial loans||||18,843|18,843|
||Bank interest and investment||income||15,951|4,962|
||Miscellaneous||||29,847|23,127|
||Provision for doubtful
debts||||~634,224|~634.552|
||||||71,374|78,777|
||Restricted Funds:||||||
||Parsonage
Maintenance|Fund|||||
||Insurance
claim income||||184,492||
||Representative
Body —Improvement|||Fund repayment|35313|10740|
||||||219,805|10,749|
||Legacy and Benefactions|Account||and Trust Funds|||
||Restricted
fund income receivable||||73,455|40,779|
||Debtors due within one year||||364 634|130405|
||These are analysed as follows:||||||
||||||2021|2020|
||||||8|E|
||Other debtors||||256,281|65,914|
||Prepayments
and accrued|income|||108,353|64,491|
||||||364,634|130,405|
##
|13|Cash at bank and in|ha|nd||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||6||
||CAF Gold Account||||||793,500|574,175|
||Other cash balances||||||453914|858,103|
||||||||1,247,414|1,432,278|
||For further analysis see note 20.||||||||
|14|Creditors falling due|within||one year|||||
||||||||2021|2020|
||General Unrestricted|Funds|||||6||
||Creditors
Control||||||3,561|13,781|
||Representative
Body|of Church|||in Wales||285,273|317,195|
||Ministry Share Paid in Advance||||||97,898|157,064|
||Internally
invested
Restricted|||Funds|||9,232|9,232|
||Quinquennial
Inspections|||||||1,730|
||Sundry creditors||||||72,482|73,579|
||||||||460 446|572 601|
||Restricted Funds:||||||||
||Parsonage
Maintenance||Fund||(restricted|income fund)|||
||Creditors
Control||||||4,854|17,863|
||Sundry creditors||||||36499|22,269|
||||||||41,353|40,132|
||Creditors falling due|within||one year|||509,799|612,733|
||||||||2021|2020|
||These are analysed|as|follows:||||6|E|
||Trade creditors||||||293,688|350,570|
||Other creditors and|accruals|||||216111|262,163|
||||||||509799|612.733|
##
|15|Creditors falling due after|Creditors falling due after|more than|more than|more than|one year|one year||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021||2020|
|||||||||||5|||
||General Unrestricted
Funds||||||||||||
||Loans from the RBCIW||||||||||||
||Retired clergy equity linked||housing||loans|||||300,000||300,000|
||Retired clergy non equity|linked||housing
loans||||||35,000||35,000|
|||||||||||335,000||335,000|
|Loans received from the RBCIW are applied||||||to fund loans for Retired clergy housing|||||and general||
|support (see Note 11).Interest||at|1.1%was|||payable|on the non-equity|||linked
housing||loans, to|
|the|Company.
The Company
pays||an|equivalent
amount||||of interest|to|the RBCIW.|There are no||
|specific terms for the repayment||after||more than one year ofthe loans||||||due to the Representative|||
|Body. The liability to repay the Representative||||||Body is|independent||ofthe recovery ofloans made||||
|to Parishes and Clergy.|||||||||||||
|16|Accumulated
Fund balances||||||||||||
|||||||||||Gains/|||
|||||Accumulated||||Net||(losses)|Accumulated||
|||||||fund||incoming||arising on||Fund|
||||||balances|||resources|revaluation|||balances|
|||||||at|for the year|||offixed||at 31|
||||||1 January||(see below)|||asset||December|
|||||||2021|||investments|||2021|
||||||||||(see below)||||
|||||||||||5|||
||General Unrestricted
Income||||||||||||
||Funds||||||||||||
||General
Fund Reserve||||4,441,004|||122,030||342,189||4,905,223|
||Designated
Repair Fund|||||146,431||||||146,431|
||Restricted
Funds||||||||||||
||Ministry Area Transformation||||||||||||
||Fund|||||179,867||(115,475)||||64,392|
||Parsonage
Maintenance
Fund|||||101||25,998||||26,099|
||Church
Improvement
Funds|||||15,561||73,500||||89,061|
||Regeneration
Fund|||||||109,886||||109,886|
||Ministry Share Assistance|Fund||||||62,575||||62,575|
||Legacy and Benefactions||||||||||||
||Account and Trust Funds||||||||||||
||Fund Balances||||1,194,402|||9,783||128,456||1,332,641|
||Total Charity Funds||||5,977,366|||288,297||470,645||6,736,308|
##
##
##
##
|for the year|ended 3|1 D|ecember||2021||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||6|E|
|Income|||||||||
|Contributions|from Diocesan Board ofFinance General||||||||
|Unrestricted|Income Fund||||||453,934|398,638|
|income from|rented Properties||||||61,960|42,886|
|Interest on Improvement|||Fund||||388|1,283|
|Insurance
claims|||||||184,492|13,439|
|Grants and Parochial||contributions|||||16,684|1,267|
|Other Income||||||||324|
|Total Income|||||||717,458|457,837|
|Expenditure|||||||||
|Maintenance|ofParsonages||||||611,655|299,411|
|Maintenance|contracts||||||23,359|23,578|
||||||||635,014|322,989|
|Administration|||||||56,446|56,773|
|Total expenditure|||||||691,460|379,762|
|Net surplus
for the year|||||||25,998|78,075|
|Fund balance|brought|forward at||1 January|||101|(77,974)|
|Fund balance carried||forward at|||31 December||26,999|191|
|The personages
are owned
by the|||||RBCIW and improvements||are funded from the|Parsonage|
|Improvement|Fund.||||||||
|The total spent on improvements||||and maintenance||is as|||
|follows:|||||||||
||||||||2021|2020|
||||||||5||
|Maintenance|costs||||||635,014|322,989|
|Improvement|costs (borne by the|||Representative||Body)|83,463|60,202|
||||||||718,477|383,191|
##
##
##
##
##
|20
Analysis ofnet assets|20
Analysis ofnet assets|between funds||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||
|||8|6|8||
|Investments||4,381,072||1,252,987|5,634,059|
|Long Term Loans||335,000|||335,000|
|Debtors due within one year||71,374||293,260|364,634|
|Cash||921,223|146,431|179,760|1,247,414|
|Creditors due|within one year|(468,446)||(41,353)|(509,799)|
|Creditors due|in more than one|(335,000)|||(335,000)|
|year||||||
|Total||4,905,223|146,431|1,684,654|6,736,308|
|||Unrestricted|Designated|Restricted funds|Total|
|||funds|funds|||
|||F|F|8||
|Investments||3,902,885||1,124,530|5,027,416|
|Long Term Loans||335,000|||335,000|
|Cash||1,031,842|146,431|254,005|1,432,278|
|Debtors due within one year||78,877||51,528|130,405|
|Creditors due|within one year|(572,601)||(40,132)|(612,733)|
|Creditors due|in more than one|(335,000)|||(335,000)|
|year||||||
|Total||4441 004|146,431|1,389,931|5,977,366|