2020-10-31-accounts

Company Information			1
Report ofthe Directors	and Trustees		2to 9
Independent Examiner's	Report		10
Statement of Fina ncia I	Activities		11
Balance Sheet			12
Notes to the Accounts			13to 18
Detailed Income 5 Expenditure		Account	19
—not part ofthe statutory financial statements

Charit	Charit	Charit	Com	an	Name		CMC: Pensarn	CMC: Pensarn	Harbour	Harbour
							CMC Adventure
Com		an	Number				3324934 (England			and Wales)
Charit		Number					1062075
Re istered Office 5 0 erational						Address	Pensarn Harbour
							Llanbedr
							Gwynedd
							North Wales
							LL45 2HP
Directors			and Trustees				P R Kelly- Chairman
							L G Charker	—Hon Treasurer
							M J D Bishop			Resigned 7.3.20
							C Cook
							G French
							A. Houghton
							A Sanders
Chief		Executive		Centre Director			M Downey
Com		an	Secretar				LAddinall
Bankers							HSBC Bank	pic
							62 High Street
							Porthmadog
							Gwynedd
							LL49 9LN
Inde	endent Examiner						R Morris FCA
							Lyon Griffiths		(Audit	and Accounting)	Limited
							17Alvaston	Business Park
							Middlewich	Road
							Nantwich
							Cheshire
							CW5 6PF

for the year ended 31st	October	2020
				Unrestricted funds	Restricted	Total	Totol
				General	Funds	Funds	Funds
				Funds		31/10/20	31/10/19
			Notes	E		6	E
Income and endowments	from:
Donations and legacies			2.1	109,612	11,688	121,300	88,610
Grants			2.2	120,245		120,245	0
Income from investments				26		26	23
Tuck shop trading	income			561		561	3,077
Charitable activities-
Course and	hostel income
Residential			2.3	111,636		111,636	389,463
Non-residential				459		459	2,959
Net rental and		hire income		11,437		11,437	1,828
Total income and endowments				353,976	11,688	365,664	485,960
Expenditure on raising funds			3.1
Publicity costs				6,662		6,662	4,643
Tuck shop trading	costs			448		448	3,340
Expenditure on charitable	activites
Course and hostel	running	costs	3.2	339,472		339,472	461,562
Total expenditure			4	346,582		346,582	469,545
Net income (expenditure)	before	transfers		7,394	11,688	19,082	16,415
Transfer between funds
Net movement in funds				7,394	11,688	19,082	16,415
Funds balances b/fwd at	1.11.19			529,635		529,635	513,220
Fund balances c/fwd at 31.10.20				537,029	11,688	548,717	529,635

BALANCE SHEET as	at 31stOctober 2020
			31/10/20	31/10/19
		Notes	E
Tangible Fixed Assets		6	850,698	839,738
Current Assets
Stock		7	6,426	7,823
Debtors and prepayments		8	12,248	11,728
Cash at bank and	in hand		83,862	4,333
			102,536	23,884
Liabilites: Amounts falling due within one year		9	-89,555	-69,781
Net current assets /	-liabilities		12,981	-45,897
Total assets less current liabilities			863,679	793,841
Liabilities: Amounts	falling due after more than one year		-314,962	-264,206
Net assets		10	548,717	529,635
Unrestricted funds			537,029	529,635
Restricted funds		12	11,688
Total charityfunds			548,717	529,635

TOTAL EXPENDITURE
				Staff		Depreciation	Other	Total	Total
				Costs			Costs	30/10/20	30/10/19
				f		f	f		E
Course &hostel running	costs			193,675		30,104	115,693	339,472	461,562
Tuck shop trading costs							448	448	3,340
Fundraising & publicity							6,662	6,662	4,643
12months to31.10.20				193,675		30,104	122,803	346,582
12months to31.10.19				211,252		26,275	232,018		469,545
Note: The Tuck Shop trading		unit is operated as an ancillary		facility	at	the Pensarn Hostel	for the benefit
of users and any profits	are	all ploughed	back into the mainstream		activity ofthe company.

6	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS				Freehold	Course		Centre	Motor	TOTAL	TOTAL
						Property	Equipment		Fittings &	Vehicles
						Pensarn &			equip.
						Bryn-y-Moel
						E
	Cost
		8/fwd 1.11.19				793,403	95,901		177,647	14,000		1,080,951
		Additions			¹	23,713	3,292		14,059			41,064
		Less: re Disposals
		Carried Forward 31.10.20				817,116	99,193		191,706	14,000		1,122,015
	Depreciation
		B/fwd 1.11.19				25,041	80,359		132,860	2,953		241,213
		Charge for the period					6,676		20,628	2,800		30,104
		Less: re Disposals
		Carried Forward 31.10.20				25,041	87,035		153,488	5,753		271,317
	Net book values
		At 31.10.20				792,075	12,158		38,218	8,247		850,698
		At 31.10.19				768,362	15,542		44,787	11,047		839,738
	Footnote:
	¹	Work was commissioned	during	the year regarding	the	possible upgrading	/ modernisation		of Pensarn	Harbour. These	costs,
		mainly met by specific donations,		have been capitalised.		Further spending,	enhancing	the	value ofthe	buildings, is highly		likely.
7	STOCK comprises									30/10/20	30/10/19
										E		6
		Goods for resale (Tuck	Shop)							1,532		1,649
		Food								114		2,450
		Cleaning Materials								1,070		589
		Brochures								1,166		1,050
		Oil								2,544		2,085
										6,426		7,823
8	DEBTORS & PREPAYMENTS
	Due within one year
		Trade debtors								0		220
		Prepayments								4,598		4,598
		Other debtors (Tax repayment		claim)						7,650		6,910
		Other debtors
										12,248		11,72S
										30/10/20	30/10/19
										E		E

12	RESTRICTED FUNDS	RESTRICTED FUNDS
	Movements on these during the year were		as follows:
				As at	Income	Exp	Inter - fund	As at
				30/10/19			Transfers	30/10/20
				E	E	E	E	E
	Equipment Purchase Fund				11,688		0	11,688
	The	Equipment Purchase Fund represents	donations	received to fund specific costs:
		Purchase ofsailing boats E7,000
		Replacement mattresses E2,500
		Addition to Pontoon E1,250
		Gift Aid E938
13	RELATED	PARTY TRANSACTIONS
	Donations	received without conditions from the	trustees	and other related parties totalled		E33,377	(2019-E3,700)

14	COMMITMENTS			Total	Total
				30/10/20	30/10/19
					E
	1 Capital expenditure	authorised	and contracted for	0	6,600
	2 Capital expenditure	authorised	but not contracted for	0	0
	3 Leasing payments	-due in the	next year	15,945	16,796
	4 Leasing payments	-due in two	to five years	16,053	32,570