| Company Information |
1 | |
|---|---|---|
| Report ofthe Directors and Trustees | 2to9 | |
| Independent Examiner's Report |
10 | |
| Statement ofFinancial Activities | 11 | |
| Balance Sheet | 12 | |
| Notes to the Accounts | 13to 17 | |
| Detailed Income 5 Expenditure | Account | 18 |
| -not part ofthe statutory financial statements |
| Refe | r | enc | e and | e and | Ad | ministrative Information |
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|---|---|---|---|---|---|---|---|---|---|---|
| Chari | Com | an | Name | CMC: Pensarn | Harbour | |||||
| Tradin | Name | CMC Adventure | ||||||||
| Com | an | Number Office |
3324934 (England | and Wales) | ||||||
| Charit | Number | 1062075 | ||||||||
| Re istered | an 0 erationalAddress | Pensarn Harbour |
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| Llanbedr | ||||||||||
| Gwynedd | ||||||||||
| North Wales | ||||||||||
| LL45 2HP | ||||||||||
| Directors | and | Trustees | P R Kelly - Chairman | |||||||
| L G Charker —Hon |
Treasurer | |||||||||
| C Cook | ||||||||||
| G French | ||||||||||
| A. Houghton | ||||||||||
| A Sanders | ||||||||||
| P.Tarr Appointed | 12.11.22 | |||||||||
| Chief | Executive | Centre Director | M Downey | |||||||
| Com | an | Secreta | LAddinail | |||||||
| Bankers | HSBC Bank pic | |||||||||
| 62 High Street | ||||||||||
| Porthm adog | ||||||||||
| Gwynedd | ||||||||||
| LL49 9LN | ||||||||||
| Inde | endent | Examiner | R Morris FCA |
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| DJH Mitten Clarke | Nantwich | Limited | ||||||||
| 17Alvaston Business Park |
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| Middlewich Road |
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| Nantwich | ||||||||||
| Cheshire | ||||||||||
| CW5 6PF |
| for the year ended 31stOctob | er 2023 | |||||
|---|---|---|---|---|---|---|
| Unrestricted funds |
Restricted | Total | Total | |||
| General | Funds | Funds | Funds | |||
| Funds | 31/10/23 | 31/10/22 | ||||
| Notes | f | f | f | |||
| Income and endowments from: |
||||||
| Donations and legacIes |
2.1 | 89,928 | 22,175 | 112,103 | 114,511 | |
| Income from investments | 110 | 110 | 24 | |||
| Tuck shop trading income |
2,078 | 2,078 | 3,418 | |||
| Charitable activities- |
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| Course and hostel | income | |||||
| Residential | 2.3 | 305,917 | 305,917 | 361,452 | ||
| Non-residential | 6,463 | 6,463 | 3,326 | |||
| Net rental and | hire Income | 1,620 | 1,620 | 1,370 | ||
| Total income and endowments | 406,116 | 22,175 | 428,291 | 484,101 | ||
| Expenditure on raising funds |
3.1 | |||||
| Publicity costs |
2,352 | 2,352 | 1,685 | |||
| Tuck shop trading costs | 1,847 | 1,847 | 2,278 | |||
| Expenditure on charitable activities |
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| Course and hostel running | costs | 3.2 | 457,740 | 457,740 | 419,225 | |
| Total expenditure | 461,939 | 0 | 461,939 | 423,188 | ||
| Net income (expenditure) before transfers |
-55,823 | 22,175 | -33,648 | 60,913 | ||
| Transfer between funds |
49,654 | -49,654 | ||||
| Net movement in funds |
-6,169 | -27,479 | -33,648 | 60,913 | ||
| Fund balances b/fwd at 1.11.22 |
609,085 | 31,854 | 640,939 | 580,026 | ||
| Fund balances c/fwd at31.10.23 | 602,916 | 4,375 | 607,291 | 640,939 |
| BALANCE SHEETas | at 31stOctober 2023 | |||||
|---|---|---|---|---|---|---|
| 31/10/2023 | 31/10/2022 | |||||
| Notes | E | E | f | f | ||
| Tangible Fixed Assets |
6 | 965,597 | 908,230 | |||
| Current Assets | ||||||
| Stock | 3,916 | 6,805 | ||||
| Debtors and prepayments | 8,790 | 30,799 | ||||
| Cash at bank and in hand | 21,497 | 39,754 | ||||
| 34,203 | 77,358 | |||||
| Liabilities: Amounts | falling due within one year | 9 | -108,919 | -63,360 | ||
| Net current assets / -liabilities | -74,716 | 13,998 | ||||
| Total assets less current liabilities | 890,881 | 922,228 | ||||
| Liabilities: Amounts | falling due after more than one year | -283,590 | -281,289 | |||
| Net assets | 10 | 607,291 | 640,939 | |||
| Unrestricted funds |
602,916 | 609,085 | ||||
| Restricted funds | 12 | 4,375 | 31,854 | |||
| Total charity funds | 607,291 | 640,939 |
| P R Kelly | M Downey |
|---|---|
| Director gi Trustee | Centre Director |
| 6 | TANGIBLE FIXEDASSETS | Freehold | Course | Centre | Motor | TOTAL | |
|---|---|---|---|---|---|---|---|
| Property | Equipment | Fittings & |
Vehicles | ||||
| Pensarn & |
equip. | ||||||
| Bryn-y-Moel | |||||||
| f | |||||||
| Cost | |||||||
| B/fwd 1.11.22 | 881,343 | 116,540 | 232,631 | 14,000 | 1,244,514 | ||
| Additions | ¹ | 50,994 | 5,775 | 31,089 | 87,858 | ||
| Less: re Disposals | 0 | ||||||
| Carried Forward 31.10.23 | 932,337 | 122,315 | 263,720 | 14,000 | 1,332,372 | ||
| Depreciation | |||||||
| 8/fwd 1.11.22 | 25,041 | 100,981 | 198,909 | 11,353 | 336,284 | ||
| Charge for the period | 7,153 | 20,691 | 2,647 | 30,491 | |||
| Less: re Dlsposals | 0 | ||||||
| Carried Forward 31.10.23 | 25,041 | 108,134 | 219,600 | 14,000 | 366,775 | ||
| Net book values | |||||||
| At 31.10.23 | 907,296 | 14,181 | 44,120 | 0 | 965,597 | ||
| At 31.10.22 | 856,302 | 15,559 | 33,722 | 2,647 | 908,230 |
| 10 | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ANALYSIS OF NET ASSETS BETWEEN FUNDS | ANALYSIS OF NET ASSETS BETWEEN FUNDS | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Fixed |
Net current | Long term | 30/10/23 | 30/10/22 | |||||||
| Assets | Assets / liabilities | loans | |||||||||
| f | f | f | |||||||||
| Unrestricted - general |
fund | 965,597 | -79,091 | -283,590 | 602,916 | 609,085 | |||||
| Restricted funds | 0 | 4,375 | 4,375 | 31,854 | |||||||
| 965,597 | -74,716 | -283,590 | 607,291 | 640,939 | |||||||
| 11 | UNRESTRICTED | FUNDS | |||||||||
| Movements | on these | during the | year were as follows: | ||||||||
| As at | Income | Exp | Inter | - fund | As at | ||||||
| 30/10/22 | Transfers | 30/10/23 | |||||||||
| f | f | f | f. | ||||||||
| General Accumulated | Fund | 609,085 | 406,116 | 461,939 | 49,654 | 602,916 | |||||
| Total Unrestricted | Funds | 609,085 | 406,116 | 461,939 | 49,654 | 602,916 | |||||
| 12 | RESTRICTED FUNDS | ||||||||||
| Movements | on these | during the | year were as follows: | ||||||||
| As at | Income | Exp | Inter | —fund | As at | ||||||
| 30/10/22 | Transfers | 30/10/23 | |||||||||
| f | f | ||||||||||
| ~ Equipment Purchase " HR Handbook |
Fund | 3,125 | 1,250 | 3,125 1,250 |
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| ¹ | Future Developments | Fund | 28,729 | 20,925 | -49,654 | 0 | |||||
| 31,854 | 22,175 | -49,654 | 4,375 |
| MMITMENTS | Total | Total | ||
|---|---|---|---|---|
| 30/10/23 | 30/10/22 | |||
| 1 Capital expenditure | authorised | and contracted for | 0 | 0 |
| 2 Capital expenditure | authorised | but not contracted for | 0 | 0 |
| 3 Leasing payments | -due In the | next year | 14,005 | 15,972 |
| 4 Leasing payments | -due in two | to five years | 29@67 | 32,822 |