ST MADOC CHRISTIAN YOUTH CAMP Report of Trustees and UNAUDITED FINANCIAL STATEMENTS st For the Year Ended 31 December 2024 AE8klKOEP 2610912025 COMPANIES HOUSE
ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number: 5796297 Registered Charity Number: 1118509 For the Year Ended 3111 December 2024 CONTENTS Report of the Trustee 2to7 Independent Examiner's Report Statement of Financial Activities . Balance Sheet io Notes to the Financial Statements Ilto17
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31: December 2024 Registered Company Number". 5796297 Registered Charity Number: 1118509 REPORT OF THE TRUSTEES For the Year Ended 31" December 2024 The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present ineir report with the finan.cial statements of the charity for ihe iiear ended 31 December 2024. This report meet5 the requiremeiits for a Directors, Report for Companies Act purposes. The trustees have adopted the provision5 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 anci Republic of Ireland (FRS 1021, {effective l January 20151. The financial statements have bee.n prepared in accordance with the accounting policie5 set oiit in the notes to the acLounts and comply witli 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 Financia l Reporting Sta ndard applicable in the U K and Republic of Ireland l FRS 102), (effective l January 20151. OBJECTIVES AND AcfiviTIES Tbe charity's objects and principal activity a re to: Provide a centre used for the development of faith and wellbeing for youth and other groups from churches, clubs, schools, sporting associations, youth groups and other organisations operating .through tFir applicatior,'of Christiai'i principles. To further the objectives, St Maduc Christian Youth Camp mav.. Provide a centre for conference5, training and holidays, Provide suitable accommodation to achieve the charity's objects, Obtain, collect and receive moiiies by wa¥. of fees, contributions, donations, legacies, grdilts and loans and any other lawful method Issue, print, publish and circulate any reports, leaflets. documents and publications Affiliate or become affiliated with any or8anisatlDn or institution in order to achieve the main purpose of the charity Complete any other lawful things necessary to further the objects of the charity. ACHIEVEMENT AND PERFORMANCE The i ructees have considered the Corriinission's Guidance on oublic benefit when considering ttrié chari+y's activities fc r the year. We have fulfilled the Charities objects in 2024 to the best of our ability. We have seen our usual pre covid nijmbers return thi5 year. We walcomed back groups from churches, clubs, sporting organisations and youth groups return. Our peak time for guest5 runs from March-OctOCier. Then from November through to February we see a decline in schools and youth groups wishing to book the winter months. Schools In 2024, we welcomed 26 school groupJ With pupi. numbers rising slightly froni 2023. We Cui'iliiiuL' to see a rise in enquiries from new schools, however, many new enquiries are for spring/summer dates already booked each year by returning schools. We see a pattern that primary schools prefer spring/summer trips and secondary schools prefer Autumn. For 2025. we will be back to welcoming school groups and contacting more secondary schools to improve Autumn/ Winter trade.
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" December 2024 Registered Company Number: 5796297 Registered Charity Number: 1118509 Church & Youth Grou Church s'outh groups have increased slightly, with youtFb. sroups bacp to tlieir pre-pandem ic levels with only one cancellation. Volunteers Wl)ile employing full-time/part time staff the charity also has numerous volunteer helpers who are responsible for the support of many activities itl. the charity. It is not possible to place a monetary value on the contributions made by volunteers nor are figurEi available that show how many hours of service they provide. Cha lainc Trial Mick Ellor continued as a volunteer to offer schools assemblies until the last school of the summer term 2024: Providing a Christian Assembly fcr over 1000 children, who visited St Madoc Christia n Youth Cam p with their schools. Visiting schools to lead assemblies to continue the relationship with St Madoc Christian Youth Camp. - We will reL:ew the posi:ion again e. ch winter k.afore the next school se350n. Pe.rformance We hosted 96 8rouFs in 2024, a slight decrease from 2023. However, this is due to larger groups returning and smaller groups below our minimum group numbers beirig declined. We have potential to increase group numbers during the winter months for 2024 with secondary schools. During 2024 the Autumn/Winter months IOYO of our total groups visitcd compared to our Spring/Summer months at 90Y.. Occupancy is at 46% spréad across the year, which reflects the need to increase the level of occupancy in the colder months to balance with the Springlsummer months. 2024 2023 2022 2021 2020 GROUPS CHURCH YOUTH CHURCH ADULT 21 17 18 YOU-, H GROUPS SCHOOLS PRIMARVISECONDARY COLLEGE/UNI STUDENTS 26 22 17 SPORTING/MUSIC io COMMUNITY WEDDING OTHER 29 53 52 84 36 TOTAL 96 112 106 95 42
ST MADOC CHRISTIAN YOUYH CAMP For the Year Ended 31, December 2024 Registered Company Numbei 5796297 Registered Charity Number- 11" 8509 Residential Su ort Fund The Residential Support Fund supported 290 pupils in 2024. 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. We managed to raise £2,000 out of the £14.024 needed to support children from low-income families. Finding grants to help with the cubsidy is proving toiigh each yea I.. It is increasingly difficult to clarify with schools which PUPi15 need our support, especially now all pupils at primary schools receive free school meals. Going into 2025 we will be introducing an application process where we will limit the placements to allow us to help those we can. We are also grateful to our many local and national p2rtners this year, including-. A Rocha, Thirtyone:Eight, Environment Wales, SCVS, Swansea, Tourism Swansea Bay, Visit Wales. To all who visit, support and work with us, we are grateful, and we look forward to seeing many of you again. FINAWCIAL REVIEW Financial osition The total incoming resources for the year were £238,710 with total expenditure of £221,880 resulting in a'surplus for-the period G £16.831. The accounts have been prepared on an accruals basis. Investment olic and ob'ectives Under the Memorandum and Articles of Association, the charity has the power to invest in any wav the trustees see fit. The charity has long-term investments. The curreni policy is to reta in a ny filnds that become available in short term bank deposits. Resenies olic The trustee5 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 equivaler,t to meet- 'the immediate needs of the charity in the event of a service interruption. The free reserves of a charity represent thA funds that are freely aiyailable to spend. In calculatiiig the free reseives the trustees have deducted froin the total of unrestricted funds any funds designated at the year end and the r.ot book value of the freehold pr:perty and otrher tangible fixed asse¥S as deta iled in the accounts after adjustirig for associated borrowing. The policy is reviewed b,1 the trustees on an ong9ing basis. Goin concern Having considered budget and cash flow projections for the next twelvp months, thp Trustees are conficlent that the Trust will continue to meet its lia bilities as they fall due for the foreseea ble future and consider that there a re no material uncertainties about the Trust's ability to continue as a goi ng concern: It is therefore considered appropriate by the , rustees to prepare the financial statements on a going concern basis.
ST MADOC CHRISTIAN YOUTH CAMP Registered Company Number: 5796297 Registered Charity Number: 1118509 For the Year Ended 31$1 Dpcember 2024 S I RUCTURE, GOVERNANCE AND MANAGEMENT Covernin decument St Madoc Christian Youth Camp is a charitable company limited by guarantee incorporated on 26th April 2006 and registered a: a charity cn 23rd March 2007. Tb.= company was establie*ed under a Memorandum of Association which established the obiects 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 contr'ibute an amount not exceeding £10. Recruitment and ointment of nevi 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 ihe meeting. Under the requirements of the Memorandum and Articles of Association a third of trustees are reqijired to retire by rotation at the Annual General Meeting. anisational structure The board of trustees are accountable to make well considered decisions regarding the organisation. Induction a nd trainin of new trustees New trustees undergo an orientation to advise them on their legal obligations L'nder 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 fi.cilitate the undertaking of their roic. mana ement rerriuneration The board of Trustees together with the Camp Manager are considered to be the key management personnel of the charity. No Trustee remuneration or o+Pier benefits were paid in the year. Details of Trustee expenses and related party transactions are d isclosed in the notes Risk mana ement The trustees have conducted a review of the major risks to which the charity is exposed. A risk regist#r h.a5 been established and is updated annually. Where appropriate, system5 or proce.dures 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. Safe uardin Polic As a Youth Group OrganisatioD., the safety of all our users is our top priority. Wp are committed to the protection and safeguarding of children, other young people and vulnerable adult5 who visit the Centre. Our policv will be renewed and updated if needed to comply with current policies and guidelines. To view our complete policy please visit our website at: htt www.stmadoc.co.uk aboutus
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" December 2024 Registered Company Number.. 5796297 Registered Charity Number: 1118509 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number: 5796297 (England and Wales) Registered Charity number: 1118509 Registered office: LlanmadLIC Gower Swansea SA3 IDE Trustees: S Ashelby (Chair) G McGill S McGlashan S.Simukoko David Davies Daniel Marks Company Secretary.. G McGill Independent examiner: Nicola Lewis EasyBooiiS Wales Ltd Unit 4 Dragon 24 North Dock Llanelli SA15 2LF Bankers: Lloyds Bank O¥ford Street SWANSEA SAI 9FS Exem tion for com an name In accordance with section 6n{i} of the Companies Act 2006, the company is exempt from the requirements of the Companies Act to include 'limited as part of its riame. STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees Iwho are also the directors of St Madoc Christian Youth Camp for the purposes of company lawl are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accountin8 Standards (United Kingdom Generally Accepted Accounting Practice,.
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" December 2024 Registered Company Number: 5796297 Registered Charity Number: 1118509 Company law requires the trustee5 to prepare findncial statements for each financial year which give a trL'e and fair i';- -w of the state of aff2irs of the ch2ritable conpany and of the incomifjg resources and application of reiources, including the income and expenditure, of the chai Itable company for that per.'9d. In prep2ring those f.'iancial stattsments, the trustees are required tc select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concern basis unle55 It is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reason.able accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companie5 Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approv:od by order.of the boar¢ of trusteeq on and signed on its.behelf by- S Ashelby- Trustee
ST MADOC CHRIST;AN YOUTH =AMP For the Year Fnded 31" December ?024 Registered Compariy Number: 5796297 Registered Charity Number: 1118509 Inde endent Examiner's Re ort to the Trustees of St Madoc Christian Youth Camp I report on the accounts of the Company for the year ended 31, December 2024, which are set out on the follolIg pages. Respertive responsibilities of trustees and examiner The company's trustees al'e 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 Ithe Cha rities Act) and that an independent examination is needed. It is my responsibility to- examine the at¥ounts (under section 145 of the Charities Act): to follow the procedures laid down in the General Directions given by the Charity Commissioiiers l under section 14515llbl of the Charities Act); to state whether particular matters have come to my attention. Basis oj independent exominer 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 tbe accounts presented with those records. It also include> consideration of any unusual items o?, disLlosures 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. Inde endent examiner's s atement In eonnection with my examination., no matter has come to my: attention: 11} Which gives me reasonable cause to believe that in any material rpspect the requirements to keep aCLounting records in accordance with section 386 & 387 of the Charities Act; and b. to prepare accounts which accord with the accounting record5, comply with the accounting requirements of Sectioi%s 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statemi ent of Recommended Practice: Accounting and Reporting by Charities have not been met,. or 12} To which, in my opinion, attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Signed Nicola Jayne Lewis Ih Date 9 September 2025
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" December 2024 Registered Company Number: 5796297 Registered Charity Number: 1118509 STATEMENT OF FINANCIAL ACTIVITIES For the period ended 31 sl December 2024 Unrestricted Restricted Funds Funds Tota I Funds notes last INCOME Donalions Income Grants recei¥ed - Unrestricted Grants Recei*d - Restricted 10,971 10,971 9,984 15.500 15,500 2,375 Accommodation InNestm8nt Incomo 212,181 59 212,181 59 188,016 Other income 743 TOTAL INCOME 223,210 15.500 238,710 207, 121 EXPENDifuRE Clarilable acti'Atie5 Support Costs .G0ManCe Costs 191,579.. 16.544 1,7i7 209.880 12,000 203,579 16,544 1,757 221,880 220, 796 16,300 1, 863 238,558 TOTAL EXPENDITURE 12.000 Net Incomel Expenditure Transfers 8eiween fund5 13,3)1 16,831 (37,437) NEf movement In funds 13,331 3,500 16,831 137,437) SUMMARY OF FUNDS Total Funds Brought foward 601.367 601,367 638, 804 Total Funds Carrled Forward 614.697 3.500 618.197 601,367
ST MADOC CHRISTIAN YOUTH CAMP Registered Company Niimber: 5796297 Registered Charity Number: 1118509 For the Year Ended 315t December 2024 BALANCE SHEET Unrestricted Restricted Funds Funds Totsl Funds note$ last as at 31st December 2024 Fixed Assets-ran ible Fixed Assets -Tangible 10 818,135 818,135 845, 543 Current As*ts Debtors & Prepayments Bank & Cash 4,412 15,367 19,779 4,412 18.867 23.279 5,116 (2, 100) 3,015 3.500 3.500 Current Liabilities credito & Accruals fallin due within I ear 12 22,641 ' 22,641 73,016 22.641 22.641 33,016 Net Current Assets (2,8621 3,500 638 130,000) Total Awjets less Currefit Liabilities 815,273 3,500 81K773 819,543 Creditors Falling due at4er 1 year 13 200,575 200.575 214, 176 Totsl Net AsÉ8ts 614,697 3,500 è18,197 601,367 Fund Balances Unrestricted Funds Rèstricted funds 16 614,697 614.697 3,500 601,367 16 3.500 TOTAL FUNDS 614,697 3,500 618,197 601,367 The charitable company is entitleJ to exemption from audit under Section 477 of the Companies ALI 20C6 br the year ended 31 December 2024 The members ha not reaLiir•d the chantable company to obtain an audit of its financial statements for year ended 31 Decemi)er 2024 in ¥cordance with Seclion 476 of the Companies AGI 20C6. The trustees aCknOedge their responsibilities for (a) ensuring Ihat the charitable company keeps accodnling records that comply wth Sections 386 and 387 of the Companies Act 20L)6 and (b) prepiiring finai)cial statements which givè a INe and fair eW of the sldle'of affairs of the charitable company as al the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 aTh which othewse comply with Ihe requirements of the Companies Aci 2006 relating lo financial statements, so far as applicable tu the chantable company. These financial statements ha been prepared in accordance with the special promsions of Part 15 of the Companies Act 2006 relating to small charitable conipanies and with the Financial Reporting Slandard for Smaller Entities (effecti January 2015). The financial statements were apprOd by the Board of Trustees on . were signed on its behalf by- And Signed...... Trustee S. L: AEF4É<Ey...................... Print Name......... 10 I Page
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" De.cefflber 2024 Registered Company Number: 5796297 Registered Charity Number: IlJ.8509 NOTES TO TliE FINANCIAL STATEMENTS For the Year Ended 31" December 2024 I. GENERAL INFORMATION The:harity is a pJblic benefi+ entity and. private company limited by guaran:ee, register*Jd in Englanr4. and Wales and a registered charity in England and Wales. The address of the registered office is Llanmadoc, Gower, Swansea, SA3 IDE. 2. ACCOUNTING POLICIES Basis of preparing the fiiiancial 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 IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Fina ncial Reporting Standard applicable in the U K and Republic of I reland {FRS 1021 (effective l January 20151,, Financial Reporting Standa rd 102 'The rinancial Reporti ng Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statement5 have been prepared under the historical cost convention. Going concern The Trustees consider that there are no material uncertainties cibout the charity's ability to continue as a going concern. It is therefore considered appropriate by the Trustees to prepare the financial Staframents on3 going conrern 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 econom ic benefits associated with the transaction will flow to the charity and the amount can be reliably measured, 'The following specific policies are applied to p?..tticula r categories of income: Income from donations or grants is recognised when there is evidence of entitlement to the gift, I'eceipt is probable and its a mount can be measured reliably. Legacy incoine 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. Nlo amounts are included. for the contribution of general voli Inteers. Income from. contracts fnr the supply of servicp.s is reco8nised with the delivery of the contracted service. This is classified as unrestricted funos 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 expenditurp it is probable that a transfer of economic benef its will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basi: and has been classified under heading5 that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activitie5 on a basis consistent with the use of resources.
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31" December 2024 Registered Compan'i Number: J796297 Registered Charity Number.. 1118509 Tangible fixed assets and depreciation Tangible fixed assets a re stated at cost iess accumulated depreciation. Depreciation is provided at ti ie following annual rates in order to write off the cost less residual value of each asset over its expected usefui-iife.. Office equipment and furniture Buildings and windows 20% 2Yo The costs of minor additions or those costing below £100 are not capitalised. Taxation The charity is exempt from corporation tax on its charitable activitie5. Impalrment of fixed assets A revievi for indicators of impairment is carried out at each repo.rting date, Iwith the reGoverable amount beins estimated where sur.h indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for POS5ible reversal at each reporting date. For tl.ie purpose> of impairrr,-. nt testing, hen it Is riot possible t-o estimateihe recover*le amouni- of an individual asset, an estimate is made of the recoverable amount of the cash-8enerating 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 infiOWS from other assets or group5 of assets. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Desi8nated funds are unrestricted funds earmarked by the trustees for particular PLJrposes. Restricted funds ca n only be used for particula r 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 tb.e,nature and purpose of each fund ;s included ir, the notes tc the financial statements. Pension costs and other post-retlrement benefit¢ Th= haritable company operates a defined contribution penr.ion 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. Financla! instruments A financial asset or a f inancia I 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 i ncluding any related transaction costs. 12 | Page
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31$¢ December 2024 Registered Company Number: 5796297 Registered Charity Number: 1118509 Cui rent assets and current liabilities aj e subseq uently measured at the cash or other consideration expected to be paid or received and not discouiited. Debt instruments al-e 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 recogn ised under the appropriate heading in the statement of fina ncial activities in wh;_h the initial gain was recognised. Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a- carryin'g 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 establishe4 under a iemorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Sn the event of the company being wound up, members are required to contribute an amount not exceeding £10. 4. DONATIONS Total This Year Total Last Year Unrestricted Restricted Donation8 Gift Aid 9,668 1,302 9,668 1,302 8,1.79 1,806 10.971 10,971 9,984 5. GRANTS RECEIVED To;_l Last Year Uirestnclpd Restricted Year Grants from Organisation Grants frgm GOrnment JRS Grants from Go*mment CoMd-19 15,500 15,500 2,375 15,500 15,500 2,375
ST MADOC CHRISTIAN VOUTH CAP/.P For the Year Ended 31" December 2024 Registered Company Number.. 5796297 Registered Charity Number: 1118509 6. DIRECT COSTS OF CHARITABLE ACTIVITIES This Year Last Year Staff Costs Insuranne Ad*rtising Tra1 Premises Running Costs Resources and Small Equipriient Repaits and Maintenaiice Aclimly and EnI Costs Administration DepreciationlLoss on Disposal Unifom 77,684 4,155 998 40 11,885 4,530 10,202 62,117 3,633 28,334 76,291 3,869 266 13 24,366 15,783 57,623 8,260 28,282 408 203,579 220,396 7. SUPPORff' & GOVERNANCE COSTS This Year Last Year Support: Staff Accomodation Costs Bank Charges & Loan Interest 89 16,634 431 15,869 16,544 16,300 Governance: Accountancy Fees Legal Fees.. 1.707 50: 1,678 1,757 1,863 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneratlGn or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. TrustEES' expenses There were no trustees, expenses reimbursed for the year.or for the previous year. 9. STAFFING The average monthly number of employees during the year was as follows: This Year Last Year Camp Management Housekeeping & Seasonal No employees received emoluments in excess of £60,000.
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31° December 2024 Registered Company. Number: 5796297 Registered Charity Numbpr: 1118509 10. FIXED ASSETS reehold Plant & Property Machinery I'ixtures & Fittings Total COST As at 1st January Additions Disposals As at 31st December 1,204,833 10,584 88,028 926 3,945 85,009 1,303,445 926 3,945 1.300.426 1,204,833 10,584 DEPRtCIATION . As al.1sl January Charge for the Year Released on Disposal As at 31st De- 375,782 24.097 3,438 212 78,682 3,514 3,434 78,763 457,903 27,823 3,434 482,291 399,879 3,650 NEf BOOK VALUE this year 604,954 6,934 6,246 818,135 Net BOOK VALUE last year 829,051 7,146 9,346 845,543 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR. This Year Last Year l j Debtors charitable Actimty Other Debtors and Prepayments HMRC- VAT 154 4,258 1,110 4,005 4,412 5.116 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR This Year Last Year Bank Loans and Olerdrafts Trade Creditors HMRC- PAYE HMRC- VAT Other Creditors and Accruals 13,200 3,435 819 -82 5,270 11.500 11,671 724 594 8,526 22,641 33.016 13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR This Year Last Year Bank Loan 200,575 214,176
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31. December 2024 Registered Company Number: 5796297 Registered Charity Number: 1118509 14. LOANS The total balances owing on the loan is as follows: This Year Last Year Bank Loan 213,775 225,676 15. SECURED DEBT) The following secured debts are included within creditors.. Bank loans The commercial morteage is secured by a first charge over the charity's property. .IC. MOVEME,NT IN FUNVS Transfers between nds Funds at slart of Income In Ex Year enditure in Year Closin Balance ear Unrestrlcled Funds: General Unreslrlcled Funds Totsl Unrestricted 601387 601367 22321G 223210 209880 209880 614698 614698 RestrScted Funds: Llanmadoc Shop Ischoolsl Swanbea Council {Onsite Bungalow Refurtj) Swansea Council Church Fund Local.CJiiAng Tesco Inslor• Tokens (schools) Total Restricted 20C(I 100QKI 30 2000 10000 3000 soo 15500 5(Ki 3500 12000 Totsl Funds 601367 238710 221880 618198 Swansea Council This gr(Int was Eiveil for the refurbishment of the onsite bungalow. Other Restricted Llanmadoc shop, Swansea Council Chiirch Fund and Tesco were restricted funds to Support the schools work. 161 Page
ST MADOC CHRISTIAN YOUTH CAMP For the Year Ended 31, December 2024 Registered Company Number: 5796297 Registered Charity Number: 1118509 17. PENSICN COMMITMENTS The company operates a defined contributions pensiori scheme. During the year the company paid £2640 intn +he scheme for 2 employees. 18. CONTINGENT LIABILITIES The charity has taken expert opinion on it5 VAT position and has acted uOn the advice it has received. The advice in questiori relates to the VAT treatment of Lile 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 overturp. the charini's current V.4T treatment in rélation 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 ofVAT being due to the charity from its suppliers. No provision has been made in these accounts for any VAT payable by the cnarity on any future adjustment of its VAT position. 19. RELATED PARTY DISCLOSURES The aggregate value of unconditional donations made by the Trustees to the organisation in the year to 31 December 2024 was £3772. 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 financi=1 cost has been borne by any third party.