| Company Information |
1 | ||
|---|---|---|---|
| Report ofthe Directors | and Trustees | 2to9 | |
| Independent Examiner's |
Report | 10 | |
| Statement of Financial | Activities | 11 | |
| Balance Sheet | 12 | ||
| Notes to the Accounts | 13to 17 | ||
| Detailed Income R Expenditure |
Account | 18 | |
| - not part ofthe statutory financial statements |
| for the year ended 31stOctober | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Restricted | Total | Total | |||
| General | Funds | Funds | Funds | |||
| Funds | 31/10/22 | 31/10/21 | ||||
| Notes | f | f | ||||
| Income and endowments from: |
||||||
| Donations and legacies |
2.1 | 40,392 | 74,119 | 114,511 | 64,965 | |
| Grants | 0 | 0 | 146,892 | |||
| Income from investments | 24 | 24 | 6 | |||
| Tuck shop trading income | 3,418 | 3,418 | 710 | |||
| Charitable activities- |
||||||
| Course and hostel income | ||||||
| Residential | 2.2 | 361,452 | 361,452 | 151,730 | ||
| Non-residential | 3,326 | 3,326 | 8,610 | |||
| Net rental and hire income | 1,370 | 1,370 | 1,870 | |||
| Profit on disposal | of Fixed | Asset | 0 | 0 | 482 | |
| Total income and endowments | 409,982 | 74,119 | 484,101 | 375,265 | ||
| Expenditure on raising funds |
3.1 | |||||
| Publicity costs | 1,685 | 1,685 | 5,950 | |||
| Tuck shop trading costs | 2,278 | 2,278 | 634 | |||
| Expenditure on charitable activities |
||||||
| Course and hostel running | costs | 3.2 | 419,225 | 419,225 | 337,372 | |
| Total expenditure | 423,188 | 0 | 423,188 | 343,956 | ||
| Net income (expenditure) before transfers |
-13,206 | 74,119 | 60,913 | 31,309 | ||
| Transfer between funds |
45,390 | -45,390 | ||||
| Net movement in funds |
32,184 | 28,729 | 60,913 | 31,309 | ||
| Fund balances b/fwd at 1.11.21 |
576,901 | 3,125 | 580,026 | 548,717 | ||
| Fund balances c/fwd at31.10.22 | 609,085 | 31,854 | 640,939 | 580,026 |
| CMC: PENSARN HA BALANCE SHEETas |
RBOUR at 31stOctober 2022 |
|||||
|---|---|---|---|---|---|---|
| 31/10/2022 | 31/10/2021 | |||||
| Notes | E | f | f | E | ||
| Tangible Fixed Assets |
6 | 908,230 | 871,215 | |||
| Current Assets | ||||||
| Stock | 7 | 6,805 | 6,346 | |||
| Debtors and prepayments | 8 | 30,799 | 6,303 | |||
| Cash at bank and | in hand | 39,754 | 51,241 | |||
| 77,358 | 63,890 | |||||
| Liabilities: Amounts | falling due within one year | 9 | -63,360 | -55,813 | ||
| Net current assets / | -liabilities | 13,998 | 8,077 | |||
| Total assets less current liabilities | 922,228 | 879,292 | ||||
| Liabilities: | ||||||
| Amounts falling due after more than one year |
9 | -281,289 | -299,266 | |||
| Net assets | 10 | 640,939 | 580,026 | |||
| Unrestricted funds |
609,085 | 576,901 | ||||
| Restricted funds | 12 | 31,854 | 3,125 | |||
| Total charity funds | 640,939 | 580,026 |
| 5 | STAFF COSTS &TRUSTEES EXPENSES | ||
|---|---|---|---|
| 5.1 | Staff costs comprised | 30/10/22 | 30/10/21 |
| f | |||
| Wages and Salaries | 181,524 | 161,511 | |
| Social Security Costs | 8,879 | 6,962 | |
| Pension costs * | 7,998 | 6,361 | |
| 198,401 | 174,834 |
| coming year. | coming year. | |||
|---|---|---|---|---|
| No employee earns more than f60,000.The average |
number ofstaff employed | by the charity | ||
| during the | year was as follows: | |||
| 30/10/22 | 30/10/21 | |||
| Charitable | activities | 16 | 17 | |
| Fundraising | and publicity | 0 | 0 | |
| 16 | 17 |
| 6 | TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | Freehold | Course | Centre | Motor | TOTAL | |
|---|---|---|---|---|---|---|---|---|
| Property | Equipment | Fittings & | Vehicles | |||||
| Pensarn & |
equip. | |||||||
| Bryn-y-Moel | ||||||||
| E | ||||||||
| Cost | ||||||||
| B/fwd 1.11.21 | 821,436 | 109,463 | 231,882 | 14,000 | 1,176,781 | |||
| Additions | ¹ | 59,907 | 7,077 | 749 | 67,733 | |||
| Less: re Disposals | 0 | |||||||
| Carried Forward 31.10.22 | 881,343 | 116,540 | 232,631 | 14,000 | 1,244,514 | |||
| Depreciation | ||||||||
| B/fwd 1.11.21 | 25,041 | 93,569 | 178,403 | 8,553 | 305,566 | |||
| Charge for the period | 7,412 | 20,506 | 2,800 | 30,718 | ||||
| Less: re Disposals | 0 | |||||||
| Carried Forward 31.10.22 |
25,041 | 100,981 | 198,909 | 11,353 | 336,284 | |||
| Net | book values | |||||||
| At 31.10.22 | 856,302 | 15,559 | 33,722 | 2,647 | 908,230 | |||
| At 31.10.21 | 796,395 | 15,894 | 53,479 | 5,447 | 871,215 | |||
| Footnote: |
| 7 | STOCK comprises | 30/10/22 f |
30/10/21 f |
||||
|---|---|---|---|---|---|---|---|
| Goods for resale (Tuck | Shop) | 406 | 1,014 | ||||
| Food | 594 | 665 | |||||
| Cleaning Materials |
1,045 | 753 | |||||
| Brochures | 500 | 600 | |||||
| Oil | 4,260 | 3,314 | |||||
| 6,805 | 6,346 | ||||||
| 8 | DEBTORS &PREPAYMENTS | Due within one year | |||||
| Trade debtors | 6,904 | 4,016 | |||||
| Prepayments | 1,865 | 2,027 | |||||
| Other debtors | 22,030 | 260 | |||||
| 30,799 | 6,303 | ||||||
| 30/10/22 | 30/10/21 | ||||||
| 9 | LIABILITIES:Amounts | falling due | within one year comprise- | f | |||
| Bank overdraft | 21,327 | 0 | |||||
| Trade creditors | 5,433 | 5,381 | |||||
| Customers' Monies held |
6,992 | 18,547 | |||||
| Accruals and deferred | income | 4,594 | 4,336 | ||||
| Bank 25year repayment | mortgage | 13,037 | 16,141 | ||||
| Working capital loans | 6,500 | 6,500 | |||||
| Bounce Back Loan | 5,477 | 4,908 | |||||
| 63,360 | 55,813 | ||||||
| after more then one year | |||||||
| 25year repayment | mortgage | 241,092 | 253,595 | ||||
| Working capita I loans |
0 | 0 | |||||
| Bounce Back Loan | 40,197 | 45,671 | |||||
| 281,289 | 299,266 |
| DETAILED INCOME AND EXPENDITURE | DETAILED INCOME AND EXPENDITURE | DETAILED INCOME AND EXPENDITURE | DETAILED INCOME AND EXPENDITURE | DETAILED INCOME AND EXPENDITURE | ACCOUNT (UNRESTRICTE | D FUNDS) | |||
|---|---|---|---|---|---|---|---|---|---|
| for the year ended 31stOctober 2022 | |||||||||
| 31/10/2022 | 31/10/2021 | ||||||||
| f | f | ||||||||
| INCOME | |||||||||
| Course & Hostel fees | 364,778 | 160,340 | |||||||
| Tuck shop —net profit |
/ loss | 1,140 | 76 | ||||||
| Rental & Hire income | 1,370 | 1,870 | |||||||
| Interest received | 24 | 6 | |||||||
| Donations &Gifts |
40,392 | 44,515 | |||||||
| Government Grants (including |
Furlough | scheme) | 0 | 136,132 | |||||
| Profit on Disposal of Fixed Assets | 0 | 482 | |||||||
| 407,704 | 343,421 | ||||||||
| EXPENDITU | |||||||||
| Course / Activity costs |
|||||||||
| Course / Equipment | / Repairs | 7,654 | 4,367 | ||||||
| Course outings | 1,591 | 266 | |||||||
| Instructor staff training / expenses | 13,079 | 5,370 | |||||||
| Vehicle expenses | 10,004 | 5,414 | |||||||
| Vehicle hire | 18,812 | 9,939 | |||||||
| Licensing | 2,875 | 3,227 | |||||||
| Activities Staff Salaries & NIC | 74,538 | 89,463 | |||||||
| Freelance / Associate |
Instructors | 12,213 | 0 | ||||||
| 140,766 | 118,046 | ||||||||
| Hostel / Base Overhead | Costs | ||||||||
| Base staff salaries, | NIC &Pension | Contributions | 123,863 | 85,371 | |||||
| Mortgage / Bank Loan Interest | 12,755 | 10,140 | |||||||
| Utilities (Rates &Water) | 3,026 | 3,469 | |||||||
| General Insurance | 8,635 | 6,657 | |||||||
| Light &Heat | 23,977 | 16,629 | |||||||
| Telephone &Post |
4,994 | 6,319 | |||||||
| Office Expenses | 5,471 | 4,996 | |||||||
| Recruitment Advertising |
600 | 665 | |||||||
| Professional Fees |
3,600 | 3,480 | |||||||
| Trustees' Expenses |
0 | 0 | |||||||
| Property Upkeep - |
Repairs | 13,440 | 17,181 | ||||||
| Property Upkeep - |
Cleaning | 1,341 | 2,179 | ||||||
| Property Upkeep - |
Equip / Maint | / Replacement | 2,602 | 4,324 | |||||
| Customer Services |
—Food | 33,884 | 17,967 | ||||||
| Customer Services |
—Laundry | 7,892 | 2,782 | ||||||
| Finance —Bank Charges |
739 | 847 | |||||||
| Financial Failure Insurance |
922 | 1,759 | |||||||
| Bad & Doubtful Debts |
0 | 0 | |||||||
| 247,741 | 184,765 | ||||||||
| Depreciation | |||||||||
| Property | 0 | 0 | |||||||
| Course Equipment | 7,412 | 6,846 | |||||||
| General/Office Equipment |
20,506 | 24,915 | |||||||
| Motor Vehicle | 2,800 | 2,800 | |||||||
| 30,718 | 34,561 | ||||||||
| 419,225 | 337,372 | ||||||||
| Fundraising &Publicity |
|||||||||
| Website | 1,585 | 1,995 | |||||||
| Brochures &Printing | 100 | 566 | |||||||
| Advertising, Exhibitions etc. |
0 | 3,389 | |||||||
| 1,685 | 5,950 | ||||||||
| 420,910 | 343,322 | ||||||||
| SURPLUS / DEFICIT ON UNRESTRICTED | FUNDS | ||||||||
| before transfers | -13,206 | 99 | |||||||
| Less Transfers to/ from | Restricted | Funds | 45,390 | 39,773 | |||||
| TOTAL SURPLUS / DEFICIT ON | UNRESTRICTED FUNDS FOR YEAR | 32,184 | 39,872 | ||||||
| after transfers |