4a ## sy CHARITY COMMISSION | {ge} | FOR ENGLAND AND WALES ## Trustees’ Annual Report for the period From 1 April 2024 To 31 Mar 2025 Charity name: Elenydd Wilderness Hostels Charity registration number: 1115946 ## Objectives and Activities ||Summary ofthe purposes of|sommes[Od
| Para 1.17
1.To advance the education ofthe public,|sommes[Od
| Para 1.17
1.To advance the education ofthe public,|| |---|---|---|---|---| ||the charity as set out in its||especially ofyoung people of limited means, in|| ||governing document||conservation, protection, and improvement of|| ||||the environment, by such means as the|| ||||trustees may consider appropriate, including|| ||||the provision of hostels, and other|| ||||accommodation, to enable them to participate|| ||||in educational activities.|| |||||2.Toprovide,orassistinthe provision of,
facilities in the interests of social welfare for|| ||||recreation, or other leisure time occupation, of|| ||||individuals who have the need of such facilities,|| ||||by reason of their youth, age, infirmity,|| ||||disability, financial hardship, or social|| ||||circumstance, with the object of improving|| ||||their conditions of life.|| ||||3. To preserve and protect the health of all,|| ||||especially young people of limited means.|| ||||4. To promote, for the benefit ofthe public, the|| ||||conservation, and protection, and|| ||||improvement ofthe physical, and natural
environment.
ee||
|| ||Summary ofthe main
activities in relation to those|Ae 1.17and|The activities undertaken duringtheyear
include the following:|| ||purposes for the public||1.The provision, and management, oftwo|| ||benefit, in particular, the||hostel accommodation units in the Mid-Wales|| ||activities, projects or
services identified in the
accounts.||Elenydd area oftheCambrian Mountains.
2.The provision ofthisaccommodation at low
cost to all visitors, with reduced rates forthose|| ||||on low income benefit support, young persons,|| ||||including Duke of Edinburgh Award|| ||||participants and students with !D.|| ||||3.That free membership of the Trust is made|| ||||available to all those under 18 years of age.|| ||||4. The encouragement ofvolunteer|| ||||involvement in all aspects ofthe management|| |||||ofElenydd WildernessHostels.
5.The appointment of a volunteer
EnvironmentalOfficer,andthesupportof|| | q , , organisations such as the mid-Wales Red Squirrel Partnership; The West Wales Rivers Trust; bird and wildlife observation; as wellas | off-grid electricity generation at both hostels, | waste recycling management, the provision of and using eco-friendly household cleaning materials. | 6. Promoting the ‘Cambrian mountains Astro[These][activities][benefit][the][public][as] | Trail’,[footpath.] and the Cambrian Way long distant | a whole, irrespective of age, gender, disability, or social circumstance, and especially young . people of limited means. Statement confirming Para 1.18 In planning and carrying out our activities for whether the trustees have = the year we have kept in mind the Charity had regard to the guidance Commission’s Guidance on Public Benefit issued by the Charity during our trustee meetings. Commission on public benefit Additional information (optional) You may choose to include further statements where relevant about: Para 1.38 Policy on grant making . mee ee | | | Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers ~ L Achievements and Performance |i|i|i|i|i|| |---|---|---|---|---|---| |||||During the financial year ended 31 March 31st|| |||||2025 EWH continued to successfully operate|| |||||the two hostels of Dolgoch and Ty'n Cornel.|| |||Summary ofthe main
‘
‘
achievements ofthe charity,
identifying the difference the
charityswork hasmade to
the CIPGUMGHARGeS of its
beneficiaries and any wider
benefitstosocietyas a
whole.||Para 1.20|Duringthis period 3 ofthe4 trustee meetings,
were held viaZoom andonewas held at
Dolgoch hostel.TheAGMwas held at a local
hotel inTregaron butwas also ‘virtual’ allowing
.
morememberstoattend viaZoom.
.
.
As in previous years, we held a successful||| |||||Wardens’ Training Weekend in March 2025, at|| |||||whichwe inducted 12 new wardens, 11 of|| |||||whom had booked wardening vacancies at one||| |||||ofthe hostels by 31 March.|| |||||Maintenance work continued to be carried out|| |||||largely by volunteers. With regard to more|| |||||specialist maintenance work we continue to|| |||||seek the services of local contractors wherever||| |||||possible.Theworktheyhave undertaken
during the year has included the regular||| |||||maintenance ofthe fire alarm, and emergency|| |||||lighting systems; fire appliances; the annual gas|| |||||safety checks; and drainage work. Chlorination|| ||||
|||ofthewatersupplytookplaceatboth hostels.
We are also fortunate thatwe can use a
laundry service in Llanddewi Brefi.|| |||||The Safeguarding policy, Health & Safety|| |||||policy, and the Accident and Incident policy|| |||||were reviewed and amended by the trustees.|| ||||||||| ||||
|||
||Thefinancialyearended31March2025sawa
fall in visitor stays at Dolgoch to around 1,600
overnights,whichwasroughly the pre-Covid
level.Ofthese,wholehostelbookings
accounted for about 50%. There continues to|| |||||besomedebateamongstthe Trusteesabout
whether such a level ofwhole hostel bookings||| |||||
||isdesirable.Whiletheyareverygoodforour
finances, we do notwant to limit the|| ||||||opportunitiesforsmaller groups,familiesand
individuals to stay. There were also concerns
raised over the additional workload on|| |||||wardens. The Trustees have therefore|| ||||||implementeda policyofnot allowing multiple|| |||||whole hostel bookings without at least one|| |||||clear day between them.
Thepurchaseofanadjacentpiece of landfrom||| |||||Natural Resources Wales was completed. In|| |||||December2024thewindowswerereplacedby|| . q ||
|||||moderndouble-glazedwindowswhich,whilst
still maintaining the character ofthe hostel,
have considerably improved energy efficiency||| |---|---|---|---|---|---|---| |||||and the elimination of condensation. We||| |||||benefit from permission froma local||| |||||landowner to scavenge forfirewood, which||| |||||helps toreduce ourheatingcosts.|||| |||||We held two work parties at Dolgoch during||| |||||the year. As well as undertaking a series of||| |||||essential maintenance tasks the work parties||| ||°|||enable a wide range ofvolunteers and EWH||,| |||||members to meet and enjoy a social weekend.||| |||||Ty’n Cornel hostel achieved 830 overnights||| |||||during the period. This figure represents a||| |||||slight decrease compared with the 844||| |||||reported the previous year. Bookings for the
shepherd’s hut have been strong, butthis|||| |||||meansthatthe main hostel has been quieter.|||| |||||This was, in part, due to the closure ofthe|||| |||||hostel for around 3 weeks in Autumn 2024 for||| ||
|
||||||theconstructionofthenewporch.The
CambrianWaylong-distancepath continuedto
provide a steady stream ofnew visitors.
Thereplacement porch,whichwascompleted
in early 2025, whilst outwardly similar to the||| |||||old one, is much better constructed and||| |||||provides better heat insulation. We have also||| ||||||consideredthe optionofconvertinga small,
free-standing outbuilding, which iscurrently
disused, toenablethe chargingofe-bikes.||
||| |||||We were notified of plans by Tilhill Forestry to||| |||||plant trees on a considerable area of land in||| ||||
||||thevicinityofthehostel.Weobjectedtothe
original proposal and have achieved some
success inamelioratingtheeffectoftheseon
the hostel.|||| |||||We have been made aware of, and made||| |||||objections to, plans to build
a wind farm a||| |||||couple of miles from the hostel, which would||| ||||||haveaserious impact.
Thetracktothehostelremainsacausefor
concern duetothe lackofmaintenance by the
council and the damage frequently caused by||
|
||| |||||
|||winter storms and snow and ice. Maintenance
hasbeenreduced bytheclosureoftheroadto
Soar-y-Mynydd beyond the hostel, although||| |||||the track is still used by a wide variety of users.||| |||||However, we are still able to keep the track||| |||||passablethroughouttheyear.||| L **----- Start of picture text -----**
EWH now uses Ceredigion County Council’s
own waste disposal paid-for scheme, under
which we buy waste disposal sacks of different
types for different forms of waste. The price of
the sacks includes the cost of collection and
| disposal of the waste by the Council’s
vehicles. For Ty’n Cornel, a roadside collection
box was built at the agreed collection point.
Due to difficulties with road-side collection at
Dolgoch, collections are now made from the
hostel.
The cost of the new waste collection
| regulations is around £700 for each hostel. |
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against Para 1.41
| objectives set
Performance of fundraising
activities against objectives | Para 14
set | |
Investment performance Para 1.41 | i|
against objectives |
Other |
1 | {
a
**----- End of picture text -----**
**----- Start of picture text -----**
,
**----- End of picture text -----**
q . ## Financial Review ||Review ofthe charity's|||Para 1.21|The financial position at 31 March 2025 was|| |---|---|---|---|---|---|---| |||financial position at the end
ofthe period||
|
||||strong. Thetwo hostel properties, Ty’n Cornel,
**and**Dolgoch,arebothownedbythecharity,
the reserves held aresubstantial.This gives
extraaccommodation, andgreaterflexibilityto
the acceptance of bookings, for visitors to stay
there and also enables tofund improvements||
|
|
|| ||||||out of our own funds.
_|| ||Statement explaining the|||Para 1.22|Elenydd Wilderness Hostels holds reserves of|| |||policy for holding reserves||||around £450,000 and liquid funds of nearly|| ||stating why they are held||||£200,000 to meet unforeseen future|| ||||||circumstances and take advantage of|| ||||.||opportunities which may arise. Its free reserves
are£194,385. Thatreserve isonlyable tobe
amended with the approval ofthe trustees.||| ||Amount of reserves held|||Para 1.22|F449 431|| ||reserves|||||| ||deficit|||||| ||Explanation ofany|||Para 1.23|None|| ||uncertainties about the
charitycontinuingasagoing
concern||||°||| ## Additional information (optional) You may choose to include further statements where relevant about: ||||||The principal source of regular funds is derived|| |---|---|---|---|---|---|---| ||||||from income generated from the hostel|| ||The charity's principal
sources offunds (including
any fundraising)||
||Para 1.47||time|accommodation units provided. In addition, a
steadyincome is received from membership
fees, gift aid submissions, donations and, from
timeto time,legacies,andgrants,which all
greatly support Elenydd Wilderness Hostels’||
|| ||||||continued operation.|| ||||||The charity seeks to place its surplus funds to|| ||||||produce the best financial return within an|| ||Investment policy and
objectives including any
social investment policy
adopted||Para 1.46||acceptable level of risk, via institutions covered
bythe Financial Services Compensation
Scheme (FSCS).|| ||||||Several potential threats have been identified|| ||||||at Ty’n Cornel.|| |;|A description ofthe principal
risks facing the charity||
|
|
||Para 1.46|||1.
The condition ofthetrack leadingto
the hostel might deteriorate to the
extentthatpeople arediscouraged
fromstayingthere,becauseaccesshas
become difficult, oreven,dangerous.
2.
There are plans to plant trees, largely
conifers,onasizeableareaofland
close to the Ty’n Cornel hostel, which||
|| ||||||might make the area less appealing and|| ||||||accessible, and might have a|| ||||||detrimentalimpactonourwater|| q | | supply, although the Trustees have | | **m** itigateade, andthese. are making, efforts to build a large wind farm on the hills | 3. Plans have recently been announced to opposite the Ty’n Cornel hostel. The | Trustees are currently liaising with other groups to consider our response. N/A Other { | : ## Structure, Governance and Management |Description of charity’s||| |---|---|---| |trusts:||| |Type of governing document||Constitution| |How is the charity|Para 1.25|| Unincorporated association| |constituted?||| |Trustee selection methods|Para 1.25|Appointed by the members at itsAnnual| |including details of any||General Meeting, to serve a three-year term,| |constitutional provisions e.g.
election to post orname of
any person orbody entitled
to appoint one ormore
trustees||or, ifappointed during theyear bythe existing
trustees atothertimes, to hold that position
until confirmed atthe nextfollowingAnnual
General Meeting.
.| ## Additional information (optional) You may choose to include further statements where relevant about: |Policies and procedures|||| |---|---|---|---| |adopted for the induction||Pama 1.2)|| |andtraining oftrustees||||| |The charity’s organisational|||| |structure and any wider||Pasi|| |network with which the|||| |charityworks||
|||| |||||| |Relationship with any related|||Para 1.51|| |parties|||| |||||| |Other||||| ## Reference and Administrative detaiis > CharityOther namenamethe charity uses | EWHELENYDD WILDERNESS HOSTELS ee Registered charity number 1115946 Charity’s principal address 7, Azalea Close Cyncoed, Cardiff, CF23 7HR ' ## Names of the charity trustees who manage the charity ——~—~=S«d;CSsSS*S*~*~*S*«~ 2|ColinHushes1 [Maryn Barrack [Ghar nal eral Meeting | | Vice-chair «(| ~——~=~S*~*~*~S*d Al Geral Ming 4[WiliamHine |——SSSS*dTCSSSSCSCSCSCSCSCSC*C~*w 5|GilianK **e** n nual Geral ting | |——=S*dYSS™S™S™~S~SC~S [Aidan Anal Genera Meting Vorath [|[——~—S—S*d|~S™S~*~*~*~S~SS~S] ee Al General Meeting 8 James Stott |__|Appointed 7 Apr 2024 | Annual General Meeting | GC a a a a 9 a a a a OG a a a - Corporate trustees — names of the directors at the date the report was approved SS Name of trustees holding title to property belonging to the charity Trustee name |actedifnotforwholeyearDates ae — | es a mG Pe q ## Funds held as custodian trustees on behalf of others |Description ofthe assets|N/A| |---|---| |held in this capacity|| |Name and objects ofthe|N/A| |charity on whose behalfthe|| |assets are held and how this|| |falls within the custodian|| |charity's objects|| |Details ofarrangements for|| N/A| |safe custody and|| |segregation ofsuch assets|| |from the charity’s own|| |assets|| ## Additional information (optional) ## Names and addresses of advisers (Optional information) |Type of|Name|Address| |---|---|---| |adviser||| ## Name of chief executive or names of senior staff members (Optional information) ## Exemptions from disclosure ## Reason for non-disclosure of key personnel details ## Other optional information L ## Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees |||by|f|y| |---|---|---|---|---| ||Full name(s)||Marilyn Joan Barrack|SSBIOaitS sandSETS|| |Position|(eg Secretary,||Chairperson|Treasurer|| ||Chair, etc)|||| ||Date|Llane
13/i]2024||| ## *“ELENYDDD WILDERNESS HOSTELS INCOME & EXPENDITURE ACCOUNT ## FOR THE YEAR ENDED 31ST MARCH 2025 ||2025|2025|2024|2024|| |---|---|---|---|---|---| ||£|£|a|£|,| ||||Restated|Restated|| |Income from Charitable|||||| |Activities|||||| |Hostel income (note 1)|29,705||35,923||| |Membership|2,203||1,801||| |Legacies|0||5,000||| |Donations|728||2,758||| |Gift aid|1,025||408||| |Interest|7,655||5,971||| |||41,316||51,416|| |Charitable Expenditure|||||| |Hostel repairs and renewals|37,346||5,945||| |Lighting and heating|2,945||3,541||| |Cleaning|5,827||4,780||| |Insurance - hostels|2,019||1,944||| |Insurance - other|728||700||| |Telephone|637||579||| |Postage, stationery and|||||| |advertising|2,222||2,261||| |Commission|1,072||1,374||| |Meetings|130||259||| |Depreciation|8,585||8,585||| |Miscellaneous - hostels|419||989||| |Miscellaneous - other|617||654||| |||(62,547)||(31,611)|| |(Deficit)/surplus||£(21,231)||£19,805|| All income and expenditure relate to unrestricted funds. ## ELENYDD WILDERNESS HOSTELS BALANCE SHEET ## AS AT 3157 MARCH 2025 ||2025|2025|2024|2024| |---|---|---|---|---| ||£|£|£|£| ||||Restated|Restated| |Non-current assets (note 3)||255,046||258,496| |Current assets||||| |Debtors (note 4)|3,765||2,806|| |Cash at bank (note 5)|195,933||219,957|| ||199,698||222,763|| |Current liabilities (note 6)|(5,313)||(10,597)|| |Netcurrent assets||194.385||212,166| |||£449 431||£470,662| |Represented by||||| |Unrestricted members fund b/f|470,662||526,050|| |Prior yearadjustment|0||(75,193)|| |||470,662||450,857| |(Deficit)/surplus for the year|(21,231)||28,390|| |Prior yearadjustment|0||(8,585)|| |||(21,231)||19.805| |Unrestrictedmembersfundc/f||£449,431||£470,662| L ## ELENYDDD WILDERNESS HOSTELS YEAR ENDED 315’ MARCH 2025 Note 1: Hostel income ||Dolgoch|Dolgoch|Ty’nCornel|Ty’n Cornel| |---|---|---|---|---| ||E|£|£|£| |Income||||| |Overnights|17,190||10,992|| |Sales|198||224|| |Electricity|0||481|| |Telephone|77||18|| |Compensation — National||||| |Grid|an?)||525|| |||17,465||12,240| |Expenditure||||| |Hostel repairs and renewals|16,155||21,191|| |Lighting and heating|468||2,477|| |Cleaning|S017||2,510|| |Insurance|1,112||907|| |Advertising and marketing|289||288|| |Telephone|274||363|| |Depreciation|2,530||6,055|| |Miscellaneous|273||145|| |||(24,418)||(33,936)| |Deficit||£(6,953)||£(21,696)| ## ELENYDDD WILDERNESS HOSTELS YEAR ENDED 31S’ MARCH 2025 ## Note 2: Prior-year adjustment Buildings have previously not been depreciated. However, FRS 102 requires buildings to be depreciated and, for this purpose, they are assumed to have a useful life of 50 years. The prior year adjustment represents backlog deprecation at 2% p.a. on cost on Dolgoch and the main hostel at Ty’n Cornel and at 5% p.a. on the Shepherd’s Hut at Ty’n Cornel since: | ## Dolgoch — April 2007 ## Ty’n Cornel — April 2012 (main hostel) — April 2023 (Shepherd’s Hut) Note 3: Non-current assets ||Land|Buildings|Buildings|Buildings|Total| |---|---|---|---|---|---| ||Dolgoch|Dolgoch|Ty’n Cornel|Ty’n Cornel|| ||||(main hostel)|(Shepherd’s Hut)|| ||e|E|£|£|£| |Cost 1 April 2024|0|126,523|157,756|57,995|342,274| |Additions in year|9,135|0|ie)|0|3.125| |Cost 31 March 2025|£5,135|£126,523|£157,756|£57,995|£347,409| |Accumulated depreciation 1|0|0|0|0|0| |April 2024|||||| |Prior year adjustment (note 2)||43,017|37,861|2,900|83,778| |Accumulated depreciation 1|0|43,017|37,861|2,900|83,778| |April 2024 - restated|||||| |Depreciation for year|Q|2,530|3,155|2,900|8,585| |Accumulated depreciation 31|£0|£45,547|£41,016|£5,800|£92,363| |March 2025|||||| |Net book value 31 March|£0|£83,506|£119,895|£55,095|£258,496| |2024|||||| |Net book value 31 March|£5,135|£80,976|£116,740|£52,195|£255,046| |2025|||||| No depreciation is charged on land. No apportionment of the original cost of the hostels between land and buildings has been made, because it is not possible to obtain a reliable analysis of the original purchase price and the value of the land is not considered to be significant. Buildings are depreciated at 2% p.a. (main hostels) and 5% p.a. (Ty’n Cornel Shepherd’s Hut) ## ELENYDDD WILDERNESS HOSTELS ## YEAR ENDED 315? MARCH 2025 Note 4: Current assets ||2025|2024| |---|---|---| ||£|£| |Trade receivables|625|425| |Interest|505|447| |VAT|2,585|0| |Prepayments|50|1,934| ||£0,165|£2,806| ## Note 5: Cash at bank ||2025|2024| |---|---|---| ||£|£| |Redwood Bank|85,238|85,238| |Clydesdale|0|81,736| |Cambridge and Counties Bank|81,223|0| |Co-operative Bank - savings|24,241|45,333| |Co-operative Bank — current|5,131|7,550| |Paypal|100|100| ||£195,933|£219,957| ## Note 6: Current liabilities ||2025|2024| |---|---|---| ||£|£| |Trade payables|565|716| |Accruals|423|0| |VAT|0|1,158| |Deferred income|4,325|8,723| ||£5,313|£10,597| ## Signed Malcolm James (Treasurer) ELENYDDD MLDERNESS HOSTELS YEAR ENDED 31ST MARCH 2025 Examin•rf8 Roport ' I report to the charity trustees on my examination Of the accounts of Elenydd Wddemess Hostels for the y.èar ended 3.18t March 2025. A* the charty trustees, you are réspohsible for.the preparafjon of the accounts.in .: accordance with the Charities Act 2011.. I ,report in respect of.my examination of the:accounts carried out Under section 145 of .the Act and, in carrying out my examinatiotl, I have foHowed all the applicable . directions gNen by the Charity comrniss￿n. I havo oompleted my examination and Gonfimi that no material matters have cometo my attention whlah give me cause to beli6v8 that fft any material respect., 1. Accounting rRcor(18 wore nat kept as required by sertion 130 of the Act; and 2. The accounts do not accord with thoserecords. I have no concems and have come across no other matters in contEction with the examination to whith attention should be drawn in order to enable a proper und.erstsnding of. the accounts lo be reached. l am therefore.ofthe opinion that the accounts 9ive a ahd fair yiekv of the. financial perfomance of Elenydd Wildemess Hostèls for the year Ènded 31* March 2025 and of ts financial poslfion at . Hywel Wllltam8 FCA 25 Septeniber 2025 ## *“ELENYDDD WILDERNESS HOSTELS INCOME & EXPENDITURE ACCOUNT ## FOR THE YEAR ENDED 31ST MARCH 2025 ||2025|2025|2024|2024|| |---|---|---|---|---|---| ||£|£|a|£|,| ||||Restated|Restated|| |Income from Charitable|||||| |Activities|||||| |Hostel income (note 1)|29,705||35,923||| |Membership|2,203||1,801||| |Legacies|0||5,000||| |Donations|728||2,758||| |Gift aid|1,025||408||| |Interest|7,655||5,971||| |||41,316||51,416|| |Charitable Expenditure|||||| |Hostel repairs and renewals|37,346||5,945||| |Lighting and heating|2,945||3,541||| |Cleaning|5,827||4,780||| |Insurance - hostels|2,019||1,944||| |Insurance - other|728||700||| |Telephone|637||579||| |Postage, stationery and|||||| |advertising|2,222||2,261||| |Commission|1,072||1,374||| |Meetings|130||259||| |Depreciation|8,585||8,585||| |Miscellaneous - hostels|419||989||| |Miscellaneous - other|617||654||| |||(62,547)||(31,611)|| |(Deficit)/surplus||£(21,231)||£19,805|| All income and expenditure relate to unrestricted funds. ## ELENYDD WILDERNESS HOSTELS BALANCE SHEET ## AS AT 3157 MARCH 2025 ||2025|2025|2024|2024| |---|---|---|---|---| ||£|£|£|£| ||||Restated|Restated| |Non-current assets (note 3)||255,046||258,496| |Current assets||||| |Debtors (note 4)|3,765||2,806|| |Cash at bank (note 5)|195,933||219,957|| ||199,698||222,763|| |Current liabilities (note 6)|(5,313)||(10,597)|| |Netcurrent assets||194.385||212,166| |||£449 431||£470,662| |Represented by||||| |Unrestricted members fund b/f|470,662||526,050|| |Prior yearadjustment|0||(75,193)|| |||470,662||450,857| |(Deficit)/surplus for the year|(21,231)||28,390|| |Prior yearadjustment|0||(8,585)|| |||(21,231)||19.805| |Unrestrictedmembersfundc/f||£449,431||£470,662| L ## ELENYDDD WILDERNESS HOSTELS YEAR ENDED 315’ MARCH 2025 Note 1: Hostel income ||Dolgoch|Dolgoch|Ty’nCornel|Ty’n Cornel| |---|---|---|---|---| ||E|£|£|£| |Income||||| |Overnights|17,190||10,992|| |Sales|198||224|| |Electricity|0||481|| |Telephone|77||18|| |Compensation — National||||| |Grid|an?)||525|| |||17,465||12,240| |Expenditure||||| |Hostel repairs and renewals|16,155||21,191|| |Lighting and heating|468||2,477|| |Cleaning|S017||2,510|| |Insurance|1,112||907|| |Advertising and marketing|289||288|| |Telephone|274||363|| |Depreciation|2,530||6,055|| |Miscellaneous|273||145|| |||(24,418)||(33,936)| |Deficit||£(6,953)||£(21,696)| ## ELENYDDD WILDERNESS HOSTELS YEAR ENDED 31S’ MARCH 2025 ## Note 2: Prior-year adjustment Buildings have previously not been depreciated. However, FRS 102 requires buildings to be depreciated and, for this purpose, they are assumed to have a useful life of 50 years. The prior year adjustment represents backlog deprecation at 2% p.a. on cost on Dolgoch and the main hostel at Ty’n Cornel and at 5% p.a. on the Shepherd’s Hut at Ty’n Cornel since: | ## Dolgoch — April 2007 ## Ty’n Cornel — April 2012 (main hostel) — April 2023 (Shepherd’s Hut) Note 3: Non-current assets ||Land|Buildings|Buildings|Buildings|Total| |---|---|---|---|---|---| ||Dolgoch|Dolgoch|Ty’n Cornel|Ty’n Cornel|| ||||(main hostel)|(Shepherd’s Hut)|| ||e|E|£|£|£| |Cost 1 April 2024|0|126,523|157,756|57,995|342,274| |Additions in year|9,135|0|ie)|0|3.125| |Cost 31 March 2025|£5,135|£126,523|£157,756|£57,995|£347,409| |Accumulated depreciation 1|0|0|0|0|0| |April 2024|||||| |Prior year adjustment (note 2)||43,017|37,861|2,900|83,778| |Accumulated depreciation 1|0|43,017|37,861|2,900|83,778| |April 2024 - restated|||||| |Depreciation for year|Q|2,530|3,155|2,900|8,585| |Accumulated depreciation 31|£0|£45,547|£41,016|£5,800|£92,363| |March 2025|||||| |Net book value 31 March|£0|£83,506|£119,895|£55,095|£258,496| |2024|||||| |Net book value 31 March|£5,135|£80,976|£116,740|£52,195|£255,046| |2025|||||| No depreciation is charged on land. No apportionment of the original cost of the hostels between land and buildings has been made, because it is not possible to obtain a reliable analysis of the original purchase price and the value of the land is not considered to be significant. Buildings are depreciated at 2% p.a. (main hostels) and 5% p.a. (Ty’n Cornel Shepherd’s Hut) ## ELENYDDD WILDERNESS HOSTELS ## YEAR ENDED 315? MARCH 2025 Note 4: Current assets ||2025|2024| |---|---|---| ||£|£| |Trade receivables|625|425| |Interest|505|447| |VAT|2,585|0| |Prepayments|50|1,934| ||£0,165|£2,806| ## Note 5: Cash at bank ||2025|2024| |---|---|---| ||£|£| |Redwood Bank|85,238|85,238| |Clydesdale|0|81,736| |Cambridge and Counties Bank|81,223|0| |Co-operative Bank - savings|24,241|45,333| |Co-operative Bank — current|5,131|7,550| |Paypal|100|100| ||£195,933|£219,957| ## Note 6: Current liabilities ||2025|2024| |---|---|---| ||£|£| |Trade payables|565|716| |Accruals|423|0| |VAT|0|1,158| |Deferred income|4,325|8,723| ||£5,313|£10,597| ## Signed Malcolm James (Treasurer) ELENYDDD MLDERNESS HOSTELS YEAR ENDED 31ST MARCH 2025 Examin•rf8 Roport ' I report to the charity trustees on my examination Of the accounts of Elenydd Wddemess Hostels for the y.èar ended 3.18t March 2025. A* the charty trustees, you are réspohsible for.the preparafjon of the accounts.in .: accordance with the Charities Act 2011.. I ,report in respect of.my examination of the:accounts carried out Under section 145 of .the Act and, in carrying out my examinatiotl, I have foHowed all the applicable . directions gNen by the Charity comrniss￿n. I havo oompleted my examination and Gonfimi that no material matters have cometo my attention whlah give me cause to beli6v8 that fft any material respect., 1. Accounting rRcor(18 wore nat kept as required by sertion 130 of the Act; and 2. The accounts do not accord with thoserecords. I have no concems and have come across no other matters in contEction with the examination to whith attention should be drawn in order to enable a proper und.erstsnding of. the accounts lo be reached. l am therefore.ofthe opinion that the accounts 9ive a ahd fair yiekv of the. financial perfomance of Elenydd Wildemess Hostèls for the year Ènded 31* March 2025 and of ts financial poslfion at . Hywel Wllltam8 FCA 25 Septeniber 2025