Charfty Reglstrntlon No. 1144813 Company R•gl8lratlon No. 07705089 (England and Walul PLAS GUNTER MANSION TRUST CYF TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
PLAS GUNTER MANSION TRUST CYF LEGAL AND ADMINISTRATIVE INFORMATION Thistè#s D E O Davles J D Hdland A E B Koniec2ny Dr G M Wakley Dr R C Allen (Appolnted 14 August 20241 Charfty numbgr 1144813 Company number 07705089 R•yl8t•red offlca 39A Cross Street Abergavenry Monmouthshlre NP7 SER Webslts .plasguntermansion.org.uk Ind•p8ndgnt examln•r Dor11 Oliver Ltd Linden House Monk Street Abergavenny Monmouth8hl NP7 5NF Bankern Unlty Trust Bank Customer SeNices Centre Nine Brindley P18 Birmingham B12HB
PLAS GUNTER MANSION TRUST CYF CONTENTS Pago Trustees, report Statement of trusteès, responsibllltles lryjopèndènt examirn¢$ report Statement of finanaal actIv[t8 8alan¢e Sheet Notes to the flnaneial 8talements 8-14
PLAS GUNTER MANSION TRUST CYF TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report and finanaal ststements for the year ended 31 Decembèr 2023. The financial stalernents have been preparod In 8w>rdance with the ac¢ounting policies Set out in note 1 to the financial slalemenls and comply with the tTusI'8 Memorandum of As8oatrOn, tho Companies Act 20Q6 and "Accounting and Reporting by Charities: Statement of Recommended Pradice applicable lo charities preparing their a¢nIS in accordance th the Flnancial Reporting Standard applicablg in the UK and Republi¢ of Ireland (FRS 102) {effeclive 1 January 20191". ObJectfve8 and actlvltles The Iru$l was sel up as the Welsh Georglan Trust in 2011 to preserve for the benefft of the people of Wales and Ihe Welsh Marches and of the Nation, the historical, archllectural and constructional heritage that may exlsl in and around Wales and the Welsh Marches in Georgian and PrfrGeorgSan bulldings (including any structure or rection, and any part of a building a$ so defined) of partScJJlar beauty or $toriCal, aichitectural or con$tructlonal interest. On 12th March 2020 thè narne wa$ ¢hange(I to Plos Gunter Mansion Trust cyf lo rect the ftKus on the Plas Gunter Mansion project. In January 2022, the Artlde8 of Assoclalion were revised and brought up to dale. Plas Guntsr Manslon Dating largely from the 17th Century, Plas Gunter Mansion (37-39a Cross Street. Abergavènny) played a pSvot81 role in the history of Catholicism in Wales and Is closely associated with Salnts David Lews and Phllip Evans. 11 has long been recognised as being one of Ihe rnast important hlstoroc bulldings in Aberga)nY bul had fallen into a perilous state. The Trust bought the buildlng in 2017 for £150,000 with a mixture of grant and crowd funding. An architectural and archaeological survey in 2018 funded by the Archrt¢rtural Heritage Fund and Heritsge Lottery Fund, confirmed Ils significant historical and cuRural valuè and in 2019 the Trust submitted an Expression of Interest to the renamed Nalonal Lottery Heritaga Fund. Unfortunately. the onset of the CovKk19 pandemic hatted funding actlvty. but It had a130 b•come apparent that the Tru$l's buslness plan lo develop a comprehensive project for the restoration and re-use of the bLFll*Jing was not robust enough. The Iruslees successfully applied for grant8 to cary out som8 detalled business plannlng and stakeholder consullalion from the National Lottery Herftage Fund 1£9,5001. Abergavenny Town Counc1( 1£2,500} the Architectural Heritsge Fund {£19,8001 under the proje¢t name, celebrang Tolerance. The Trust completed this work In April 2023 and subsequgntly submitted a full appllcafrjn to the National Lottery Heritage Fund. In Oecember 2023, the Nallonal Lottery Heritage Fund awarded the Trust a grant of up lo £222.340. Income Is provided by the letting of three relall unlls on the ground floor.. 37. 38. and 39 Cross Street. Units 37 and 38 are successfully let to Moorings and Moor, trading 08 Dynamite Brandlng. and unit 39 is let to Amalsu Massage. Both tenants renewed their leases for another tsvo years at tho beginnSng of 2022. Unil 39a is notlgt and 1$ cUpied by the Friends of Plas Gunter Mansion. uppèr flotrrs of the bullding are left va¢ant prjor to restoratlon the to the Iraglle nare of the historic bJilding fabric. When the Trust took ownershlp of tho bullding in 2017, a 8eparatoly con8ttiuted und8r the nahe, Friends of Plas Gunter Man8ion was sel up to devélop widespread support for the prolect. conduct historical research. help wllh lundraistng and raise the project's profftle. After thè Trust changed its name to Plas Gunter Mansic TnJ$l, members of the group were reuulled as members of the Trust whlle the Friends continued as an organisatK•n because of ils ability lo acce$$ fvnds not availat4e to the Trusl. More Infomalion on the project can be ft>und at
PLAS GUNTER MANSION TRUST CYF TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Plas Kyna8ton In December 2021 Ihe Manageme company for Plas Kynaston. Plas Kynaston Management Company Llmited, was transferred to the leaseholders. The freehold of the building is 11 owned by the Trust together wilh an outstanding loan to Wrexham County Borough Coundl of £20,000. This is being repald at a rate of £900 per annum untll 2028. when the expiry of a grant covenant (from th6 Cefn MavK Town8¢ape Herita5 Fund grant) whll allow tho sale of the freohold intere8t to provth funds for repayment. Achleyemonts and p•rforn)•nc8 Finan¢lal rovlew The results for the year are as 8hovm on tha Statement of Flronclal Activltbg8 on page 8. R•sgN•s Pollcy It is the pollcy of the trust that unrestricted vthlch have not been designated for a speiik use 8hould be malntained * a level equivalent to btheen three and six month's expendlture. The trustees conslders that reseryes * Ihls level will ensure that, in the event of a signfficant drop in funding, they wll be able to continu¢ th8 trust's current aclimties whilè con5ideratlon ks glven to ways in whi¢h additional lund¥ may be raksed. It is anticipat•d that it may take a number of years to buld res8Pm to the desired level. Rl$k Managemont The trustees have assessed the major rlsks to whlch the trust is exposed, and are $ob'5fied that systems are In place to mIgate &XP05ure to Ihg majoT risks. Structuro, governanG• and management CoTh¥titullon The ¢ompany is regl$tered as a charitable rnmpany limitsd by guarante8 and wa8 set up by a Memwndum of As¥ouatlon ¢)n 9 July 2011, and is a registered charity. The trustees, are also the directors for the purpose of Gompany law, and who 8eNed durin9 the year and up to the date ol signature of the finanrAal statements were: D E O Davies J D Holland AE B Konieczny Dr G M Wakley DrRCAlen The manag8ment ofthe company 18 Ihe resp)sit41ity ofthe Trustees who are elected and ctsopted under the kmis ol the Artlcles ofA8s0clation. None of the twslees has any benefidal Interest in tha company. of the trustees aré members of the company and guarantee to contribute £1 In the event of a windlng up. The affairs of the Trust are managed by Ihe Trustees who make str8teglc and operational deasions at thelr meetings, which are held several times a year. Tw8tees are appointed by Invll*ion and ar8 fecruited for thelr ¥kill8 and expèrfonce In a $peclffic area depending on ere there 8re sklll 9apy at the time. (Appolnted 14 August 2024) The trustees. report was approved by the Board ofTrustees.
PLAS GUNTER MANSION TRUST CYF TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 D E O Davl•$ Trustee Dated.. 19 September 2024
PLAS GUNTER MANSION TRUST CYF STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees. vtho are also the d1CtOrS of Plas Gunter Manslon Trust CYF for the purpose of comY law, are rè$p)nsible lor preparing the Tru5tees' Report and the financlal statements In a¢TI1?nce with appllcablg law and United kngdom Accounting Standards (United KiTrJdom GgnerallyAccepted A¢GounUng Practice). Company Law requires the trustees to prepare finan¢ial statemenis for 8ath financial year which gbve a true and lalr view of the ¥tale of affairs of the trust and of the Inwming resource8 and application of resources. including Ihe ino)me and exp•nditure, of the charitsble company for that year. In Fwarlng these finanaal statement#, the trustees a rffjuired to: - select 8Uitable accounting policAes and then apply them conslstently: - observe the methods and prfnclples In th6 Charitses SORP: - rnake judgements and estimate8 that ar• reasonable and prudent., $tsle whether appll¢ab16 UK Accounting Stsndards have È•8n followed. subS9Ct lo ary materlal departure8 di$G105ed and explained in th8 financlal statements. aThd - prepare the financlal statsmerrts on the going Cor9M basis unles8 It Is InapYats to pre8ume that the trust wll continue in operation. The tru$lees are responslble for ke•plng adequate a¢¢ountlng rècords that dlselose wlh reasonable accuraw al ony lime the finanoal posillon of the trust and enable them to ensure that the financial 5tstements comply with the Companies Act 2006. They are also rèsponsible for safeguarding the assets of the trust and hence for tsklng reasonable steps for the preventlon and detection of fraud and othèr irregukrilies.
PLAS GUNTER MANSION TRUST CYF INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PLAS GUNTER MANSION TRUST CYF I report lo the tru81ee5 on my examination of the financial Statemt8 of Plas Gunter Mansion Trust CYF Ilhe Irustl for the year ended 31 December 2023. Responslbiirtles and basls of report As the trustees of the trust (and olso Its directors for th8 purposes of company lawl you are re¥)on8ible for the preparation of the financial ststements in accordance with the requ1mentS of the Companies Act 2006 (the 2006 Act). Havlng satisfied myself that the financial statements of the Irusl are not requlred lo be audlted under Part 16 of the 2006 Act and are eligiblo for independent exarninalion. I r•port Sn SpeCt of my examlnallon oftha trust's nanctal statements carried out under section 145 of the Char1ti8s Act 2011 {the 2011 Actl In Garrylng out my examination I hava followed all the applicable Directions glven by the Charity Commbsion under section 145 15){b) of the 2011 Act. Independent examlnerf8 8tatpment I have completed my gxaminatlon. I confim that no matters have come to my atténtion In connection with tho examination gNlng me cause to beli8ve that in any malerfal r¢specl'. aceounling records were not kept In r88pect of the trust 8$ required by se10n 386 of the 2006 Act" or the financi81 statements do not accord with those records., or the finanual sL*ements do not comply wtth the accountlng requlrements cl $8ction 396 of the 20Ci8 Act other than any requiromenl that the accounts glve a true and falr View which Is not a matt8r Considwed as part of an independent examinaOn', or the financial statements have not been prepared in accordance with the rnethod8 and prln¢iples of the Slalement of Rocommended Practlce for accounting and reporting by chatieS applicable lo Charities pr8P8ring their accounts in accordance with the Flnan¢ial ReportFng Stsndard applScable in the UK and Rgwblic of Iroland {FRS 102). I have no concems and have come acr08S Tr) other matt•rs in conrEGtion examination lo vhjlch attention should be drawn in thls report in order to ènable a proper understandlng of the financlal slatemenls lo be rea¢hed. Peter E Lea FCA Dorrell Olivar Lt(f Linden Housfr Monk Street Abergavenny Monmoulhshire NP7 5NF Dated: 19 September 2024
PLAS GUNTER MANSION TRUST CYF STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unr•slrlctod Restrlcted funds fund8 2023 2023 Total Unrestrlcted R8strfcted funds funds 2022 2D22 Totsl 2023 2022 Notes Incomp fmm: Donations and legades Investments 3.978 13,840 27,300 31,278 13.840 2,600 13,663 12.160 14.760 13,e83 Totsl Incom• 17.818 27,300 45,118 16,263 12,160 28.423 Expendlture on: Charitable advitle8 11.601 46,164 57,785 21,193 8.000 27,193 T¢*tsl oxpendlturn 11.601 48,164 57.785 21,193 6,000 27,193 Net Incomelle¥pendltur8) and movoment In funds 6,217 (18,884) (12,647) (4.930) 6,160 1,230 Reconclllatlon of lunds: Fund balanc63 at 1 Janu 2023 5,199 172,864 178,063 10.129 166.704 176.833 Fund balances at 31 Decembor 2023 11,416 154,000 165,416 5.199 172,864 178,063 The slalement of finanoal actltIeS Include$ all galns and losses rewgnl%d In the year. AJI kncome and expenditure deve from continuing activities.
PLAS GUNTER MANSION TRUST CYF BALANCE SHEET ASAT31 DECEMBER 2023 2023 2022 Notes Flxed assgts Tangible assets Curr8ntas8frts Debtors Cash at bank and in hand 10 165.000 166,000 11 8,574 10,725 10.864 21,290 19,299 Crodltor8: amoun18 falling du• whhln one year 32,154 12 118.883) 120,091) Nel Current assets 416 12,063 Total assots less current liabllftles 165.416 178.063 Income fund$ Restricted funds Unrestricted funds 13 154,000 11,418 172.864 5.199 185,416 178,063 The CoNlanY rs errtitled to the exèmption from the auth requirement contained in secllon 477 of the Ccmpanies Act 2006, for ihe year ended 31 December 2023. The threctcrt acknowledge U)elr re8pon$ibilitles for complying wtth the requlrements of th& Compar#es Act 2006 th respecl lo accounting records and Ihe preparation of financial slalements. The m¢mber8 have It required the company to obtaln an aU¢j of Sts financral statements for the year In queslSon in accordarKe Yllh section 476. The8e finanoal 8tat6mgnts have begn prepared in accord¥e wth the provisions 8ppIiGable to companle8 subject t+J the small companles regime. The firtancial st*ements were approved by the Th18tees on 19 S8ptembor 2024. DEODaMe$ Trustsg Company R•g1strntlon No. 0770S089
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEPJIENTS FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢ountlng pollcles Charlty Infomiatlon Plas Gunter Manslon Trust CYF Is a private company Ilmtted by guarantee incorp¢)rat8d In England aTKI Wales. The registered offic8 is 39A Cross Street, Abergavenny, Monmoulhshlre, NP7 SER. 1.1 Accountlng conv•ntlon Th& financial statements have been prepared in accordance with tho tr8 Mem¢x8ndum of Assodatbn. the Companies Act 20C6 and "Accounting and Reporting by Charities.. Statement of Recommended Pra¢tEc¢ appllcable to ¢haritles preparing their a¢eounls In accordance with the Financial Reporting Standarfl applicable In the UK and Republ1¢ of Ireland (FRS 102) (effectlve 1 January 2019}'. The trust is a Publtc Benefrt Enllty as dgfined by FRS 102. The trust has taken advantage of the proM$ion¥ in the SORP for thariti0$ apptying FRS 102 Update Bulleun 1 not to prepare a Ststement of Cash Flows. The financial stalamenls are prepared in sterllng, which is the function81 currency of the trust. Monotsry amounts in the8e financial statements are rounded to the n&aresl £. Th? financlal Statements have been wepared under Ihe hlstorical Go¥t conv9ntion. The Pri1paI ac¢ounting policies adopted are sol oul below. 1.2 Golng concern At th8 lime of approving the finandal statements, the trustees have a reasonable expectslion ttst the trust has adequate resources to conbnue in operational existence for the foreseeable future. Thus the truste08 continue to adopt the going concern basi$ of accounllng in prgpariThJ the financ4al Statements. 1.3 Charitable funds Unrestricted lund$ are avallabla usé at the discretion of the tiustegs In f1herGe of thelr charitable rtijectives. Restrl¢ted funds are subject lo speclfic condition5 by donors or grantors a$ lo how they may be used. The purposes and use8 of the re$ln'cted funds are Sel oui in the notes to the nar101 slalemenl8. 1.4 Incomo Income is ranISed when the trust Is legally errtitled to It after any PerfOnanCe condrfons have been m81, th& amount5 can be measurad ieli8bly. and It 1$ probable that in¢ome will be recelved.
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A¢counting pollcles (Contlnugd) 1.6 Expendlture Expendlture is reeognised once there is a legal or constructlva oblallOn to transfer economic bènefit lo third party, it is probable that a transfer of enOmiC benefits will be required ift sewemonl and the amount of thè obligation can be measured reliably. Expendilure is classified by activity. The costs of gach adivity are made up of the lolal of direct costs and shared costs, induding support C08ts involved in undertaking each athvty. Direct costs attribute lo a single activty are allocated directly to that activhy. Shared costs whi conlribule to more than one activity and support co8t$ whlch are not attributable lo a slngle activity ar6 aFportioned betsveen those activities on a ba$1$ consistent with the use of resouices. Central staff eosls a allocated on the basis of time spent, and depre¢iation eharges allocated on the portion of the asset'8 use. Supwt CO8ts are those costs ivKurred directly In support of expenditure on the objects of the wmpany and include project man8gem8nl carrl¢d out at headquarters. Govemance costs are th¢)¥e incurrgd In conn&tion Wbth tho administration of the company and compfi8nce wth ¢onstilutw)nal and Statutory rewiremenls. Charitable activities and govemance costs are costs Incurred on the company's 8ducatlon81 oper8tion$, in¢luding support costs and costs relating lo Ihe governanc8 of the company apporti'oned to ¢harltabk)& activities. All expendilure is inclusiv8 of irrecovorable VAT. 1.6 Tanglbl• Ilxgd assets Tangible fixed assets are initially measured at Cost and subsequenlty measurod at $1 or valuation, net of depreeiath)n and any Impaim7ent bsses. Depreciaknon is reccgnlsed so as to write off thè st or valuation of assets less thelr residual values ow thelr usefijl Ilvès on the folln9 bases: Freehold land and bulldlngs 5% Straight Ilne The gain or loss arising on the disposal of an asset is determlned as the differenc8 betsveen the &le proceeds and the carrying value of the as8el, and is rècognised in the stslfrmenl of financial activities. 1.7 Impalrment of flxed a#sets At each reporting end dale, the trust reviews the carrying amount$ of Its tangible assets to doterrn¢ %thelher there Is any indication that those assets have suffered an Impalment loss. If any such indiration exists. the recoverable amoLtnl of the asset is eslimatod in order to detemiine the extent of the impaimient loss lif any). 1.8 Cash and cash equlvalents Cash and cash equlvalents include Gash In hand, deposits held at call banks. and bank overdrafts. Bank overdrafts are shown within borrowlngs In current liabllltles. 1.9 Flnan¢l•l Instruments The trust has elected to apply the provision8 of Section 11 'Basic Flnancial Instruments, Secllon 12'0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Flnancial Instruments are r8cognl8ed In the tw8V8 balanc• 8tttt vthen thè trust beccffl08 P8ty lo Ihe contractual provisions of the InslnJment. 88sic fmanclal assets Basic financial assels, which indude debtors ènd cash arjd bank balances, ar• measured at Iran8action price Including transaction costs. Financlal ets dassified 88 receivable wthin one year a not amortised.
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Ac¢ountlng pollcles IContlnu•dl Baslc flnanclal liabilitles Basic financial liabilities, induthng treditors and loans are recognised al transaction prlce. Trade creditrAs ar• Obliga'0n¥ to pay for goods or ser¥lces that havè been acqulred in the ordinary coursè of OFerations Donatlons and l•gacles Unrestrleted Rostrlcted nds funds Totsl Unrestricted R88tricted funds fund8 Total 2023 2023 2023 2022 2022 2022 Donallons and gffts Grants Mwnbevship fees 3.668 3.668 27.300 310 2,297 160 12.000 2,457 12,000 303 27.300 310 303 3.978 27.300 31.278 2,600 12.160 14.760 Income from Invéstmonts Unrostrfcted Unr•¥trl¢tod funds fund8 2023 2022 Rental wicome Interest r8ceivable 13.580 260 13,553 110 13,840 13.663 10-
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Expendltur• on eharltable actlvilles 2023 2022 Dlrèct costs Depreciation and impaiment Pieservation of Historic AlteCture 1,000 41,714 1.000 9,315 42,714 10.315 Sh•ro of support and govemanco co8t8 (See nots 61 Support Govemance 13.876 1.175 15.747 1,131 57,765 27,193 Analysh by fund Uniestrlcted funds Restricted funds 11,801 46.164 21,183 6,000 57,765 27,193 Support eosts allocated lo a¢tlvhle8 Total 2023 Total 2022 Computer costs Insurance Bank Gharg88 Administrave assistan Telephone Govemance 181 5,652 72 7.971 61 5,266 10,264 1,175 1,131 15.051 18,878 2023 1022 Governanc• costs comprfsg: Indep8ndanl Examlner Trustees expenses Hèritago Trust 1.036 1.008 23 100 100 1,175 1.131 11
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 Net mov•m•Dt In fvnd8 2023 2022 The n•t movemenl Sn funds is stated after &*rglnwicredltlng): Depredatw)n of ovmed tangible fixed assets 1,000 1,000 One of Ihe tru8te8s received £15.709 for provldng admlnistralvè as81stance to the trust during tho year. Employees Thè average monthly number of emoYeeS durlrg the aryaS. 2023 Numbgr 2022 Number Total There were no gmployees whose annual remunerallon was more than £60.000. Taxatlon The charity 1$ exempt from taxatlon on its activities becau80 all its Income Is applled lor charftable purposes. 10 Tanglblg Ilxod a¥8•ts Fr••hold land and bulldlr C(vst At 1 January 2023 17Q,l)00 At 31 Decembw 2023 170.000 DopreGlatlon and Impalmignt At 1 January 2023 Depreciatlon charged In the year 4.000 1.000 At 31 DeGember 2023 5,000 Carrylng amount At 31 De¢omber 2023 165,000 At 31 December 2022 166.000 12-
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Debtors 2023 2022 Amounts falllng due within one year. TThfje debtors Other debtor8 609 7.965 10,864 ,574 10,864 12 Crnditor¥: Jrnounts falllng due wlthln ono yoar 2023 2022 Borrowings Tr8do cro(*tors Accruals arKI deferred Income 17,300 283 1.300 17.300 1,291 1.500 18.883 20,091 Includod ¥1 borrowlngs is an amount of £17.30012022: £17.300) which is secured by way of a legal charg& over part of th& freehold propety known as Plas Kyna8lon Hall. Cefn Mawr In favour of Wréxham County Borough CourKil. 13 Raltrfctsd funds The restricted lunds of the charity comprfse the unexponded balances of donations and grants held on trust subject io spgcific conditions by donors as to how thoy may be used. At 1 January 2023 Incomln9 Resources oxp•nd At31 De¢•mb•r 2023 Plas Gunter Mansion Fund Frlerhgs of Plas Gunter Mansion 160.000 12,864 27.300 <33,300) 112,864) 154.000 172.864 27,300 (40,164) 154.000 Previous year. At 1 January 2022 Incomlng Resource8 regour¢ expgndod At31 Decembar 2022 Plas Guntw Manslon Fund Fr¥$ of Plas Gunter Mansion 154.000 12,704 12.000 160 (6.0001 160,0Th) 12,864 186.704 12,160 8,000 172.864 13-
PLAS GUNTER MANSION TRUST CYF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 14 Unroltrlctgd funds The unrestricted funds of thè charty comprfse thè unoxpended balances of donations and grants whith 8 not subject tQ specific condilion$ by donors and grantor5 as lo how they may be used. These Indude dosignated fvnds whlch have been set aside out of unrestricted funds by the trustees for $p•dfic purposes. At 1 Janu•ry 2023 Incomlng Resources resourc•s 8xpend•d At31 December 2023 General funds 5.199 17,818 (11,601) 11.416 Prevlous y•ar: At 1 January 2022 Incomlng Resourees re80urces expend At31 Docember 2022 General funds 10.129 16.283 (21.193) 5.199 15 Analysls of not assets betw¢on funds Unr95trfcted funds 2023 Rostrfcted funds 2023 Total 2023 At 31 D•cember 2023.. Tangible ass81s Current assetsl{1Hbllles) 11,000 416 154,000 165,000 418 11.416 154,000 165.416 Unrestrlctèd funds 2022 Restrlcted fund8 2022 Totsl 2022 At 31 D•c•mber 2022: Tanglble 85sels Current assetsl(Ik?billties) 12,000 {6.801) 154,000 18,864 166.000 12,063 5.199 172,864 178,063 16 Rolatod party tran¥actlons There were no disdosable related paty transaclion8 during tho year {2022- none). 14-