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2021-12-31-accounts

ST MADOC CHRISTIAN YOUTH CAMP

Report of Trustees and UNAUDITED FINANCIAL STATEMENTS

For the Year Ended 31[st] December 2021

ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31[st] December 2021

Registered Company Number: 5796297

CONTENTS

Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements		 Pages
2 to 7
8
9
10
11 to 18

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021

REPORT OF THE TRUSTEES

For the Year Ended 31[st] December 2021

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. This report meets the requirements for a Directors' Report for Companies Act purposes. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), (effective 1 January 2015).

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011, Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102),(effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

The charity's objects and principal activity are to:

• Provide a centre used for the development of youth and other groups from churches, clubs, schools, sporting associations, youth groups and other organisations operating through the application of Christian principles.

To further the objectives, St Madoc Christian Youth Camp may:

ACHIEVEMENT AND PERFORMANCE

The Trustees have considered the Commission's Guidance on public benefit when considering the charity's activities for the year.

We have fulfilled the Charities objects in 2021 to the best of our ability during the Covid-19 Pandemic. By providing a service that meets the needs of all our guests. From school day trips, to self-catered weekends for church, youth and small family groups in both the main building and our onsite bungalow. A high percentage of our guests stayed on an overnight basis (95%).

Schools

For the second year running we were unable to welcome schools for residential overnight trips due to the ongoing restrictions in place. With group restrictions easing in the summer term, we were able to host a few schools for day trips. The activities we provided ranged from tree climbing and archery to beach activities and survival skills.

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

Church & Youth Groups

In August we managed to see the return of a few church and youth groups, but mainly smaller family groups remained our major source of income due to the timing of the restrictions easing.

Volunteers

While employing full-time/part time staff the charity also has numerous volunteer helpers who are responsible for the support of many activities in the charity. It is not possible to place a monetary value on the contributions made by volunteers nor are figures available that show how many hours of service they provide.

Performance

We hosted 95 groups in 2021, more than a 50% increase when compared to 2020. As you can see from the chart below, our core groups were still down compared to 2019/18. This is due to a combination of Covid restrictions easing too late for large groups and the uncertainty surrounding Covid-19. 60% of our 2021 guests visited during Spring and Summer, with the remaining 40% visiting during the Autumn and Winter. We look forward to a promising return of church groups in 2022.

2021 2020 2019 2018 2017
GROUPS
CHURCH YOUTH 3 2 13 35 31
CHURCH ADULT 4 1 14 24 26
SCHOOLS 3 2 23 32 31
COLLEGE/UNI STUDENTS 1 1 5 1 3
SPORTING 0 0 2 0 0
COMMUNITY 0 0 2 4 4
OTHER 84 36 58 6 14
TOTAL 95 42 117 102 109

Other bookings are generated from online platforms for dates not taken by schools and youth groups. In 2021, the centre was a welcome facility for large families to be able to holiday in the UK. Due to the easing of restrictions coming too late in 2021, many youth, church and school group bookings will again be pushed back until 2022.

Residential Support Fund

The Residential Support Fund formally the Bursary Scheme was placed on hold for 2020/21 as The St Madoc Centre was unable to welcome large groups and our intended audience. All donations are gratefully received and help us provide a great facility for our young guests: such help aids us in our attempts to promote a greater understanding of the need to look after ourselves and others through healthy lifestyles, caring for the environment and building self-confidence and self-worth. Any donations received for our bursary scheme will be used to help subsidise pupils from low-income households who visit in 2022.

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ST MADOC CHRISTIAN YOUTH CAMP

ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number: 5796297 For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

This year we have seen an increase in individuals, or informal groups of volunteers, and we are grateful to those who have taken their time to help with conservation and land management of the wider site. Many of these volunteers are young and gain a great deal of knowledge and experience during their time spent volunteering. We hope the time spent with us will help them build in confidence and give a sense of achievement through the work they complete here at The St Madoc Centre.

We are also grateful to our many local and national partners this year, including: A Rocha, Thirtyone:Eight, Environment Wales, Institute of Outdoor Learning, SCVS, Swansea Rural Action, Tourism Swansea Bay, Visit Wales and WCVA. To all who visit, support and work with us, we are grateful, and we look forward to seeing many of you again

FINANCIAL REVIEW

Financial position

The total incoming resources for the year were £103553 with total expenditure of £124327 resulting in a deficit for the period of £20774.

The accounts have been prepared on an accrual’s basis.

Investment policy and objectives

Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees see fit. The charity has no long-term investments. The current policy is to retain any funds that become available in short term bank deposits.

Reserves policy

The trustees have examined the level of reserves held at the year-end in light of the main risks facing the organisation. A policy has been established to maintain sufficient free reserves equivalent to meet-'the immediate needs of the charity in the event of a service interruption.

The free reserves of a charity represent the funds that are freely available to spend. In calculating the free reserves the trustees have deducted from the total of unrestricted funds any funds designated at the year end and the net book value of the freehold property and other tangible fixed assets as detailed in the accounts after adjusting for associated borrowing.

The policy is reviewed by the trustees on an ongoing basis.

Going concern

Having considered budget and cash flow projections for the next twelve months, the Trustees are confident that the Trust will continue to meet its liabilities as they fall due for the foreseeable future and consider that there are no material 'uncertainties about the Trust's ability to continue as a going concern: It is therefore considered appropriate by the Trustees to prepare the financial statements on a going concern basis.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

St Madoc Christian Youth Camp is a charitable company limited by guarantee incorporated on 26th April 2006 and registered as a charity on 23rd March 2007. The company was established under a Memorandum of Association which established the objects and powers of the charitable company

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ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number: 5796297 For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.

Recruitment and appointment of new trustees

The directors of the company are also charity trustees for the purposes of charity law. Persons appointed other than a trustee retiring by rotation shall be appointed at any general meeting and must be recommended by a serving trustee. Trustees retiring by rotation, if willing to do so, are deemed to be reappointed at the general meeting to fill any vacancies unless otherwise resolved at the meeting. Under the requirements of the Memorandum and Articles of Association a third of trustees are required to retire by rotation at the Annual General Meeting.

Organisational structure

The board of trustees are accountable to make well considered decisions regarding the organisation.

Induction and training of new trustees

New trustees undergo an orientation to advise them on their legal obligations under charity and company law, the content of the Memorandum and Articles of Association, the organisational structure and the decision-making process, the business plan and recent financial performance of the charity. Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Key management remuneration

The board of Trustees together with the Camp Manager are considered to be the key management personnel of the charity. No Trustee remuneration or other benefits were paid in the year. Details of Trustee expenses and related party transactions are disclosed in the notes

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed. A risk register has been established and is updated annually. Where appropriate, systems or procedures have been established to mitigate the risk the charity faces. These procedures are periodically reviewed to ensure they continue to meet the needs of the charity.

Safeguarding Policy

As a Youth Group Organisation, the safety of all our users is our top priority. We are committed to the protection and safeguarding of children, other young people and vulnerable adults who the visit the Centre. Our policy will be renewed and updated if needed to comply with current policies and guidelines.

To view our complete policy please visit our website at: https://www.stmadoc.co.uk/aboutus

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number: 5796297 (England and Wales) Registered Charity number: 1118509 Registered office: Llanmadoc Gower Swansea SA3 1DE Trustees: Mrs S Ashelby Rev J Davies G McGill S McGlashan T Ardouin – resigned 13.03.2021 M Ellor – resigned 22.07.2021 S Simukoko H Hulatt D Morgan – resigned 13.03.2021 Company Secretary: G McGill Independent examiner: Nicola Lewis EasyBooks Wales Ltd Unit 4 Dragon 24 North Dock Llanelli SA15 2LF Bankers: Lloyds Bank Oxford Street SWANSEA SA1 9FS

Exemption for company name

In accordance with section 60(1) of the Companies Act 2006, the company is exempt from the requirements of the Companies Act to include “limited" as part of its name.

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ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number.. 5796297 Registered Charity Number.. 1118509 For the Year Ended 31. December 2021 ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" December 2021 Re815tered Company Number.. 5796297 Re8lStered Charity Number.. 1118509 STATEMENT OF TRUSTEES RESPONSIBIL ￿lEs The trustees Iwho are also the directors of St Madoc Christian Youth Camp for the pvrposes of compfir)v lawl are responslble for preparing the Report ol the Trustees and the financlal statements in accordance with applicable law and United Kin8dom Accounting Standards (Uniied Klngdom Generally Accepted Accounting Practice). Company law requlres the trustees to prepare financial statements For each financial year whlch give a true and fair vlew of the state of affalis ol the charitable company and of Ihe incoming resource5 and application of resources, including the income and expenditure, of the charltable company for that period, In preparin8 those financial statements, the trustees are required to select suitable accounting policies and then app￿ them consistenllv,. observe the methods and principles in the Charity 50RP.. make judgements and e5tlmates that are reasonable and prudent.. prepare the financial Statements on the 8oin8 concern basis unless it is inappropriaie to presume that the charltable company will continue in buslness. The trustees are responsible for keeping proper accounting records which di%¢lose wlth reasonable accuracy at any time the flnancial position of the charitable company and to enable them to ensure that the financial staternents comply with the Cornpanies Act 2006. They are also respon51ble for safeguarding the assets of the charitable company and hence for taking reasonable Steps for the preventlon and detection of fraud and other irregularitles. Thls report has been prepared in accorilance with the special provisions of Part IS of the Companle5 Act 2006 relatln8 to small companles. Approved by order uf the board of trusteeson la.. and $18ned on its behalf by.. S Ashelby- Trustee.

ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number: 5796297 For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

Independent Examiner's Report

to the Trustees of St Madoc Christian Youth Camp

I report on the accounts of the Company for the year ended 31[st] December 2021, which are set out on the following pages.

Respective responsibilities of trustees and examiner

The company’s trustees are responsible for the preparation of the accounts, and they consider an audit is not required for this year (under section 144) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Nicola Jayne Lewis Date 11[th] July 2022

Signed

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

STATEMENT OF FINANCIAL ACTIVITIES

For the period ended 31st December 2021

notes
Incoming Resources
Donations, Legacies & Similar Incoming resources
Donations Income
4
Grants received - Unrestricted
5
Grants Received - Restricted
5
Charitable Activities:
Accommodation
Investment Income
Other Incoming Resources:
Other income
TOTAL INCOMING RESOURCES
EXPENDITURE ON
Charitable activities
6
Support Costs
7
Governance Costs
7
Net Income/ Expenditure
Transfers Between funds
Net movement in funds
SUMMARY OF FUNDS
Total Funds Brought forward
TOTAL FUNDS CARRIED FORWARDS		 : Unrestricted
Funds

6,051
25,500		 Unrestricted
Funds

6,051
25,500		 Restricted
Funds
0
19,885
0
0
0		 Restricted
Funds
0
19,885
0
0
0		 Total
Funds
6,051
25,500
19,885
52,118
0
0
103,553
113,542
8,992
1,793		 last year
27,052
43,000
39,138
45,475
1
98
52,118
0
0
83,669 19,885 154,765
91,929
8,992
1,793		 21,613
0		 128,340
8,030
1,361
102,714 21,613 124,327
(20,774)
0
(20,774)
674,725
653,951		 137,730
(19,046)
0		 (1,728)
0		 (20,774)
0		 17,035
0
(19,046)
672,997		 (1,728)
1,728		 (20,774)
674,725		 17,035
0
657,690
653,951 0 674,725

Continuing Operations - All income and expenditure has arisen from continuing activities

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ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number.. 5796297 Registered Charity Number.. 1118509 For the Year Ended 31. December 2021 ST MADOC CHRISTIAN YOUTH CAMP For the Year Ende(t 31" Decernbei 2021 Registered Company Number.. 5796297 Registered Charity Number.. 1118509 BALANCESHEET Unrestritted RestrfttÈd Funds Funds noies Total Funds lost as at 31st December2021 Fixed As5Ets-Tan Fixed A55et5-Tangible io 897,421 897,421 914.319 CurrentA55ets Debtors & Prepayments Bank & Cash li 11,757 16,755 11.757 16.755 25.978 31857 falll due wlthln I C￿dIto¥S & Accrijals ear 12 23.683 23,683 Net Current Assets 6.929 Q929 253 Totsl Assets le55 Current knabilitie5 1.493 8YI493 92fj572 Creditors Falling due after Iyear 236,542 24542 251847 Totsl NetAssets 6S3.951 653.%1 $14.725 Fund Balan£e5 Unrestricted Funds Restrlcted funds 16 16 653.9Si 64951 6ll￿7 1728 TOTALFUNDS 653,951 653.951 674725 The charitable cornpany15 entltled to exemptlon from audSt undersectlon 47701 the Companle5Art 2[￿for th2 year ended 31 DerEmber2021 The member5 have not re.qUlTP.d the charitable cornpany to obtain an auditof it5 finanaal 5taternents for year ended 31 December 2021 In accordance wlth Sectlon 476of the Companle5 Att 2￿fj. The trustees athnowledge thelr responslbllltles for lal ensurln8that tho charitable company keeps accountlnB records thatujmply wlth Sectrorys 3868nd 387 of Ihe Companies Act 2(x￿and Ibl preparlng flnanclal sr3tements which give a true and fairview of the State olaffaFrs olthe charlLible company as at the end of each flnanual year and of Its surplus ordefidt for each finandal year in accordance with the requlrements of Sectlons 394aThd 395 and which otherwise. comply with the requirements of the CompaThles Aci relatinB to flnanclzl staternent5, 50 lara5 appllcable to the tharitable Company. These Ilnanclal statements have been prepared In accordance with the spedal provlslons of Part Isof the Companlos Act 2LNIS relating to small tharlt3ble compaTrles and wlth the Flnandal Reportln8 Stwsdard for 5rnaller Entities (effective January 201S1. The flnancl21 statementswere approved by the Ooard of Tfustee5 on.fJ7 weie s18ned on Its behalf by.. .Q.) .*.oJ.IAnd Sl8ned..... Trugtee Prfnt Name.....

ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31[st] December 2021

Registered Company Number: 5796297

NOTES TO THE FINANCIAL STATEMENTS

For the Year Ended 31[st] December 2021

1. GENERAL INFORMATION

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Llanmadoc, Gower, Swansea, SA3 1DE.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. It is therefore considered appropriate by the Trustees to prepare the financial statements on a going concern basis.

Incoming Resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. 'The following specific policies are applied to particular categories of income:

Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Legacy income is recognised when receipt is probable and entitlement is established.

Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

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ST MADOC CHRISTIAN YOUTH CAMP

ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number: 5796297 For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off the cost less residual value of each asset over its expected useful life:

Office equipment and furniture 20% Buildings and windows 2%

The costs of minor additions or those costing below £100 are not capitalised.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3. LIMITED BY GUARANTEE

St Madoc Christian Youth Camp is a charitable company limited by guarantee incorporated on 26th April 2006 and registered as a charity on 23rd March 2007. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.

4. DONATIONS

Donations
Gift Aid
Bursary:
Four Winds Trust
Archer Trust
Rhododendron Trust
Other
Miscellaneous		 Unrestricted Restricted Unrestricted Restricted Total This
Year		 Total Last
Year
3,577
-
2,474
-
-
-
-
-		 3,577
2,474
-
-
-
-
-		 22,773
4,280
-
-
-
-
-
6,051 - 6,051 27,053

5. GRANTS RECEIVED

Grants from Organisation
Grants from Government JRS
Grants from Government Covid-19		 Unrestricted Restricted Total This
Year		 Total Last
Year
10,500
1,500
-
18,385
15,000
-		 12,000
18,385
15,000		 15,200
28,938
38,000
25,500
19,885		 45,384 82,138

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Registered Company Number: 5796297

ST MADOC CHRISTIAN YOUTH CAMP

For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

6. DIRECT COSTS OF CHARITABLE ACTIVITIES

Staff Costs
Insurance
Advertising
Travel
Premises Running Costs
Resources and Small Equipment
Repairs and Maintenance
Activity and Event Costs
Administration
Depreciation/Loss on Disposal		 This Year
Last Year
41,859
60,334
3,458
3,576
299
644
-
117

7,372

13,668
3,138

1,367
18,920
10,888
5,726

5,197
4,842

5,454
27,928
27,094
113,542
128,339

7. SUPPORT & GOVERNANCE COSTS

Support:
Staff Accomodation Costs
Bank Charges & Loan Interest
Governance:
Accountancy Fees
Legal Fees		 This Year
2,955
6,037
8,992
1,610
183
1,793		 Last Year
1,205
6,825
8,030
1,321
40
1,361

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year; ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

There were no trustees' expenses reimbursed for the year or for the previous year.

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Registered Company Number: 5796297

ST MADOC CHRISTIAN YOUTH CAMP

For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

9. STAFFING

The average monthly number of employees during the year was as follows:

Camp Management
Administration and Support
Education and Supervision

Environmental and Maintenance		 This Year
2
0
0
0
2		 Last Year
1
0.5
1
0.5
3

No employees received emoluments in excess of £60,000.

10. FIXED ASSETS

COST
As at 1st January
Additions
Disposals
As at 31st December
DEPRECIATION
As at 1st January
Charge for the Year
Released on Disposal
As at 31st December
NET BOOK VALUE this year
Net BOOK VALUE last year		 Freehold
Property
Plant &
Machinery
Fixtures &
Fittings
Total
1,204,833
10,584
99,617
-
-
11,031
-
-
-
1,204,833
10,584
110,648		 1,315,034
11,031
-
1,326,065
303,492
2,803
94,420
24,097
212
3,620
-
-
-		 400,715
27,928
-
327,589
3,015
98,040		 428,644
877,244
7,569
12,608

901,341
7,781
5,197		 897,421
914,319

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR.

Debtors - charitable Activity
Other Debtors and Prepayments
HMRC - VAT		 This Year
1,331
-
3,667
-
4,998		 Last Year
441

5,240
2,080
6,879

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank Loans and Overdrafts
Trade Creditors

HMRC - PAYE

HMRC - VAT

Other Creditors and Accruals		 This Year
15,000
3,581

1,235

35

3,831
23,683		 Last Year
13,500
3,811
(1149)
-

4,442
20,604

13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Bank Loan This Year
236,542		 Last Year
251,847

14. LOANS

The total balances owing on the loan is as follows:

Bank Loan This Year
251,542		 Last Year
265,347

15. SECURED DEBTS

The following secured debts are included within creditors:

Bank loans

The commercial mortgage is secured by a first charge over the charity's property.

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021 Registered Charity Number: 1118509

16. MOVEMENT IN FUNDS

Unrestricted Funds:
General Unrestricted Funds
Total Unrestricted
Restricted Funds:
Bursary Fund
Recycled Bench
Austin Bailey
Covid-19 JRS
Rhododendron
Total Restricted
Total Funds		 Funds at
start of
year
672997		 Funds at
start of
year
672997		 Income
In Year
83669		 Expenditure
in Year
102713		 Transfers
between
funds		 Transfers
between
funds		 Closing
Balance
653952
672997 83669 102713 0 653952
448
0
280
1000		 0
500
18385
1000		 448
500
280
18385
2000		 0
0
0
0
0
1728 19885 21613 0 0
674725 103553 124326 0 653952

Bursary fund & Rhododendron

The fund was set up to help individual children who are experiencing significant hardship.

Covid JRS

This was a grant given to pay salaries to assist with the closure due to Covid-19. All monies receive were paid as wages to employees in the same period.

Austin Bailey

This grant was given for the purchase of replacement mattresses.

Recycled Bench

This grant was given for the bench on the coastal path on the headland.

17. PENSION COMMITMENTS

The company operates a defined contributions pension scheme. During the year the company paid £2000 into the scheme for 3 employees.

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ST MADOC CHRISTIAN YOUTH CAMP

Registered Company Number: 5796297

For the Year Ended 31[st] December 2021

18. CONTINGENT LIABILITIES

The charity has taken expert opinion on its VAT position and has acted upon the advice it has received. The advice in question relates to the VAT treatment of the charity's income and the effect of this treatment on VAT it has previously recovered on capital goods acquired. In the unlikely event that HM Revenue & Customs were able to overturn the charity's current VAT treatment in relation to income and capital goods, then a substantial but unquantifiable amount of VAT could become payable by the charity, with the possibility of some reimbursement of VAT being due to the charity from its suppliers. No provision has been made in these accounts for any VAT payable by the charity on any future adjustment of its VAT position.

19. RELATED PARTY DISCLOSURES

The aggregate value of unconditional donations made by the Trustees in the year to 31 December 2021 was £3690.

20. DONATED SERVICES

Much of the work of the charity is carried out voluntarily by its members. No adjustment has been made to the accounts for the estimated value of these services as the Trustees do not consider that any financial cost has been borne by any third party.

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