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2023-03-31-accounts

Contents Page
Legal and administrative information
Report ofthe Trustees 2-6
Independent Fxaminer's report
Statement of Financial Activities
Balance Sheet
Notes to the accounts 10-15

PENHURST RETREAT CENTRE CHARITABLE TRUST RETREAT CENTRE CHARITABLE TRUST RETREAT CENTRE CHARITABLE TRUST RETREAT CENTRE CHARITABLE TRUST RETREAT CENTRE CHARITABLE TRUST RETREAT CENTRE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2023
Unrestricted Restricted Tolnl Funds Unrestrict
0		 Restricted Total Funds
Nore Funds Funds 2023 Funds Funds 2022
8 C f.
INCOME FROM
Donattons,
legacim and grants		 2 47,lt60 56,674 31,460 3,039 34,499
Chantablc actittt m 3 181,'U7 1 81,937 130,052 130,052
UK Go emment
HMRC Furlough		 Scheme 12,833 12,833
Interest from Depostts 4 2,3911 2,938 53 6 3 194 197
TOTAL INCOME 232 195 11 752 243 947 174G48 3333 177481
EXPENDITURE ON:
Rmsmg
Funds		 5 2,531 2,531 1,884 1,884
Chantable
achvtucs		 6 194062 8437 202.499 180,680 5.564 186244
TOTAL EXPENDITURE 196.593 8.437 205.030 182561 5564 180128
"IETINCOME/(EXPENDITURE) 34602 3315 38917 8216 2G31 10547
Trans(crs between
Funds		 13 327,247 ( 27.247) 525,480 (525.480)
NET YIOVEMENT IN FUNDS 362849 323 932 38917 517264 527811 10H47
RECONCILIATION
OF FUNDS
Total funds brought
forwa/d		 963,193 332,660 1,295,853 445,929 860,471 1,3()f&,400
TOTAL FUNDS CARRIED FOR)YARD I 326,042 8728 I334770 961193 332660 1 295853
Tbe Stalcmcnt ofFmanc al Activittct includcc ag gams and losses recognhcd
the year.
PENHURST RETREAT CENTRE CHARITABLE TRUST PENHURST RETREAT CENTRE CHARITABLE TRUST PENHURST RETREAT CENTRE CHARITABLE TRUST PENHURST RETREAT CENTRE CHARITABLE TRUST PENHURST RETREAT CENTRE CHARITABLE TRUST
SALANCESHEET
ASAT 31 MARCH 2023
Note 2023 2022
6 6 6
FIXEDASSETS
Properly
at Penhumt		 12 1.109.221 1,109, 21
Olhc
Tangible		 Freed Assets 12 745 728
1,109,566 1,109,949
CURRENT ASSETS
Debtors 11,974 9,690
Cash at Bank and m hand 313,823 289,876
325,797 299,566
CREDITORS
Atnounls
faStng		 d e nlgn onc yea 59.981 66,314
NET CURRENT ASSETS 265.816 233.252
TOTAL ASSETS LESSCURRENT LIABILITIES ISTSS82 1,343,201
LONG TERM CREDITORS 10
A
ou tt falhng		 duc after morc than onc year (40,612) (47S48)
IETASSETS IS34,770 1,295,853
FUNDS
Unrestricted
Funds		 14
Ocn
rat Fund.		 1,326,042 963,193
Restricted
Funds		 13I14
Stalf Accommodation Fund 328,751
Guest PeesF
nd		 4 218 3,909
Pond R Paddo
k Prole		 t 4,500
8,728 332,660
TOTAL FUNDS 1,334,770 1,295,853
The notes on pages 10 to 15 form part ofthese finnnmal statements.

The chanly only only ltas linancial ltas linancial assets and liabililtes ofa kind that qual fy as bas c
%%d a		 c al instruments. c al instruments. c al instruments. Baste ftnanmal tnslntments are iniltagy
recogmscd at trsnsactton value and subsequently measured at their smtlcmcnt
atuc.
2. DOVATIONS AIYD SIMILAR INCOME ~ut I tcd Total Fowls ~Ytat Pu ds
Futtds Fttnds 2023 2022
5 f. 5
Donattons 45.260 2.224 47,484 32.249
Trust Funds 2,600 6,590 9,190 2.250
473160 SS14 56,674 34,499
;l. INCOME FROM CHARITABLE ACTIVITEq Unre tricled Re tricled Tnlal F
dt		 Total F nds
F
d		 F
d		 ~202 Irk22
5
Chantable acti id s 172,6I I 172,611 114,064
Imcat Authonty Covtd Support 10,667
M sceganeoustncome 9,326 9.326 5,321
U11,937 181,937 130,052
4. INCOME PROM INVESTMENTS U I I t d R* I i t d Total Funds Total Funds
Fndt F
d		 2023 2022
5 5
Bank It Dcpostt Interest 2,398 2.9311 5.336 197
2B9S 2,938 5336 197
5. FUNDRAISING EXPENDITURE U lit& ~ut 1 t ~Tt IF nds ~TI Panda
Funds F nds 2033 2022
5 5 5
I'undrm
iab		 and pubbmly 2,531 2,531 1,884
2,531 2,531

6. CHARITABLE EXPENDITURE EXPENDITURE U trieled Rnlrhted Rnlrhted Total F nds Tnlal F nds
Prnject Running Cnsts Fa tlr Fowls 2023 2022
8
(Icncra1 Pmpcrty Costs 29,763 29.763 1,21 7
Oe st Cost 29,982 29,982 23,168
59,745 59,745 44,385
Slaffing Cotta
Staff and Houung Costs 113,335 8,437 121,772 127,364
11,335 11,437 121,77 I 7,364
Other Charitable Costs
Project Management
Costs		 8,117 8,117 6,111
0th r Cnsts 9,425 9,425 5,554
17,542 17,542 11.665
Interest on Loans
Bounce Back Loan - Santandcr 1,237 1,237 813
Gevcrnancc Costs
Indcpcndcnt
E»aminat
on Fcc		 l,o85 1,985 2,017
Tnntee" meettn Isnd expense 218 218
2, 03 ,203 2,017
TOTAL CHARITABLE EXPENDITURE 194,062 8,437 202,499 186,244
t icted ~nt t T~tl F
ds		 T~ll Funds
7. STAFF AND TRUSTEES COSTS F
d		 9 M 2023 2022
f. 2 8 f.
Gross wages 105,498 0 105,498 114,549
Employcfs
NICs		 761 0 761 2,514
Bmployer Pennon Contnbuttons 5,941 0 5,941 6,456
Stat7 Ac corn odahon
-Rent and Rates		 2,812 8,437 11,249 5,564
Holiday
Pay Accrued - change		 (1,677) 0 (1,677) (1,719)
113,335 0,437 121,772 127,364
No employees
recetved emoluments		 tn the year tn excess off60,000(2021/22: None)
toys 21122
Avcragc number offull-ttmc staif cmploycd danng thc year 3 3
A emge numtw ofpan-time siaff employed du ng the yea 5
Total avenge
number ofstaff		 amp loved dunng Ihe year
No remuneratton was pard to, or watvcd by, any Truxtcc m respect ofutch ogicc. Expenses for travel and food totalhng 6218was pmd to I
tmstee (2021/22; 6N I).
2023 ~222
8. DEBTORS 8
Income tax debtor 10,669 6,349
Other incotne debtor 1.157 90
Pmp
yme
rs		 148 3,251
11,974 9,690

YEAR ENDED 31 MARC H 2023
~202 23212
9 CREDITORS: Amounts fall ~ig due with n one year
General Creditors 6.245 4.184
Deten«d income 35,260 35,016
Aecrucd isoltday pay ,069 3,746
Accrued bank loa
I rc		 r 78 83
Lo.ns dire for relmpnent 10,000 20,000
Govcmmcnt
tucked Covtd		 Santandcr Loan 6,329 3,285
59,981 66,314
~22 282 2
10 CREDITORS: Amounts I'agnig due ager one year f
Govcmmcnt
backed Co id		 S ntander Loan 40.612 47,348
40,612 47,348
2~02 2022
H. Government
backed Covid		 Snntnnder Loan f
An oust Borrowed brought forwa d 50,633 50,DDD
Intcrcst Added - Rcpaytncnt Hohday 633
Total Loan 50,633 50,633
Aniount repatd
in year		 (3,692)
Aniount Borrowed carnal fo 'n d 46,941 50,633