REGisfERED CHARITY MUMBER: 1157626
PEMBROKE TOWN WALLS TRUST
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Uewelyn Davies
Chartereé Accountants
50 Queen Street
Pembroke Dock
Pembrokeshire
5A72 6JE

PEMBROKE TOWN WALLS TRUST
CONTENTS OF THE FXNANcfAL STATEMEpirs
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
Report of th• T￿￿tea%
I to 5
Indapend•nt E¥amin•r's R•port
Statement of Flnanclal ALtlvlt106
Balance Sheet
rlotes to the Flnancl•l statern￿ts
9 to 13
D¢talled Statement of Plnanclal Artlvltles
14

PEMBROKE TOWN WALiS TRUST
REPORT OF THE TRVSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present thelr ￿Tr￿rt wlth the financial statement5 of the charity for the year ended
31 December 2023. The trustee5 have adopted the provislons of Accounting and Reporting by CharStles:
Statement of Recommended Prattl￿ applicable to chalities preparing their accounts In accor(1ance Wbth
the Financlal Reporbng Standard appllcable In the UK and Republic of Ireland (FRS 102} (effectlve l January
2019).
OBJECTIVES At4D ACTMnES
Objèctives and alms
The charfty's objectives are..
To malntaln, resto￿ and preserve the hlstoric perlmeter and burgage plot walls, tower5 and lime klln of
Pembfoke Town by worklng in partnershlp wlth a wide range of partners and stakeholders. To promote an
understandlng of and access to thi5 preclous herltage. Further alms Indude reallslng the potentlal of thls
nationally Important historfc slte to contrlbute to the soclal and economlc benefit of our local communlty
through local skills development,. develop sustainable tourfsm and reallse a sense of place.

PEMBROKE TOWN WALLS TRUST
REPORT OF THE TRUSfEES
FOR THE YEAR ENDED 31 DECEM8eR 2023
ACHIEVEMENT AND PERFOR￿NcE
Charftable artlvltles
Followlng the productlon of a long-term Stsstainable Management Plan, funded by the UK Govemment
Community Renewal Fund (UK CRF) grant to the end of 2022. an appllcatlon was stjbmltted to the UK
Sha￿d Prospertty Fund ￿r$t round 9rant In March 2023 to enable us to deliver and develop the plan over
the coming years. Thls appllotlon was 5ubmltted as a Joint in partnerthlp wlth The Tywi Centre. Coe
Stone Ltd and the Pembrokeshlre Bulld Heritage CIC.
The alm was to provlde trainlng to Level 2 in herltage stone masonry skills, incluthng relevant maths, for
learner5 in construLtlon at Pembrokeshlre College, followed by sorne work eXperIen￿,. offer short courses
for constructlon professlonals to Level 3. wall owners and the local community- spon50r stonernasonry
traoning and assessment NVQ3 through the Specialist Applied Ski115 Programme,. through the training
undertake fvrther regeneration of the walls to increase wellbelng and pride in the local comm(rnity'
undertake a baseline soclal survey to provlde evidence for a subjective wellbelng Yaluatlon. work with local
groups to provlde a range of volunteering and publlc engagernent events. The full budget for the project
was £330,945 wtth £315,945 belng requested from the grant.
The outcome was receFved early in September and although otsr appllcotion ha5 scored in excess of the
qualrty threshold there were insufficient funds to afford all the projetts that had done so. We were invited
to re-submit to the second round and dld so in October.
In the meantime, whllÈ we awalted the outcome, an appli¢atton was submltted to the Natlonal Lottery
Heritsge Fund In November to fund some of the community training and engagement attlvities to £9,705.
An outcome of the UK CRF fvnded projert had enabled us to establSsh a servi￿ Level Agreement with
Pembrokeshlre College's Built Envlronment Department to deliver at least one two week course to Introduce
some of their Level I learners In bri¢klaying to Heritage Stone Masonry. In order to deliver this tyve
Continued our long term partnership wlth the Tywl Centre In Carmarthen, and the CITB, and one such
course was delive￿￿ by Oliver Coe of Coe Stone Ltd over the last two weeks of Aprfl. It wa5 dls8ppointing
that although promlsed at least 10 students by the College only 5 took part in the training. However, they
all completed the course successfvlly. We ¢ontlnued to meet wlth the College stsff In November to plan
another course for 2024 and d15CUS5ed other way5 to promote the tralning to their karners.
Trustees met monthly throughout the year ex￿pt for Au9USt and December ènd continued to develop and
dellver the Management Plan where funding allowed. Trustees are mindful of their obllgation to review and
update the governan￿ of the Trust and all existing polSaes were reviewed before the Annual General
Meeting. A new Procurement Pollcy was wrftten and approved ot that tlme. The Annual General Meeting
was held for members In June when seven of the existlng TrustÈes were re-elected wlth one ne%v Trustee
proposed and seconded from the floor. The Report and Accounts was slgned and approved and all
newsary documents filed with the Charity Commission on tlme.
A fvrther successful applicatron to the South West Wales Communlty Changemakers Fund granted the Trust
£1,000 to develop a gulded tour of the walls and traln gurdes as well as write a leaflet and deliver a
programme of autumn talks.
Fundralslng aCtIv￿leS continued throughout the year wlth the Stones of the Year projett deslgned to "sell.
speclfic stones to people. Tl)is proved a good way to engage wlth people at events and online and raised
over £1300. Our usual Paity in the Castle was held In June and Trustets and volunteers promoted the
Trust at a serles of local events and shows throughout the summer and autumn. Consideration began to
plan a funclralslng programme for 2025. The communty contlnued to be kept informed of progress with
the work of the Trust through the webslte and Facebook pages.
No further work was completed on the wa115 whlle fundlng was awalted. Grdffltl regrettably appeared on
the newly gun platfom) on the north wa115 along the Mlll Pond In the early summer. Thls was Clean￿ off
by volunteer5 but reappeared later in the year and more along this stretch. Despite further requests no
response wa5 re￿Ived from Cadw on the draft Herttage Partnershlp Agreement planned to enable work to
PrO￿ed wlth w?11 ownets wlthout havlng to seek Indlvidual Usted Buildlng Consent.

PEMBROKE rowN WALLS TRUST
REPORT OF THE TRUSTEES
fOR THE YEAR ENDED 31 DECEMBER 2023
FINANCIAL REVXEW
Resepves poli¢y
Pembroke Town Walts Trust exists to protect and conserve the unique archaeology of the bullt heritage of
Pembroke and In partI￿lar that of the perlpheral walls, to promote ynderstandlng of and access to the
herltage, and to ￿alise the Intemational Importance of this histortc site. By wo￿n9 wlth the local
community, partners and stakeholders, carefvl conservation of the town wlll contribute to the soclal and
economlc beneflt of otjr local community through skills development, sustalnable tourism ant1 a sense of
pla￿.
Our V•lues:
Pembroke Town Walls Trusts believes in:
Worklng In ¢o-operatlon and partnetship wlth a wide range of stakeholders
Buildlng a sense-of-community by welcomlngi engaglng and involving all sectors of the communlty
Creatlng a sense of health and wellbeing for those Involved In and benefltlng from our wo
Creatlng a sense of prfde of pla￿ In Pembroke as a town
Valulng and promotlng our local culture
Ensurln9 that our work does not have a detrfmental effert on the environment
Our Curr•nt Work:
Followlng the successful completlon of a pilot project Fn 2019, ￿ Is concentratlng on the phased. long
term regeneration of Pembroke's northem perimeter town walls which ère in a bad state of repair and
mostly covered with Ivy. brambfe5 and tr￿. We have stsrted by carefully cuttlng back thls overgrowth.
worklng to take a seasonal approach to protect and record local blodlversTrty. Once the broad sweep of walls
Ss vls4ble we wlll dear out and repalr the most urgent damage for safety and to prevent further decay. In
the IL)nger term this will lead to rebuildlng exten51ve sectlons.
The work will be voluntary and tralnlng will be given. We wlll offer work experience to constwttS0Tr students
from Pembrokeshire College who will be working With u5 to provide tralning in Ilme mortar stone masonry.
In the long tem) we aim to fund bursaries and app￿ntIceSh•ps.
Ratlonale for setting our r¥erves:
The PTWT runs tr3lnlng, capacity buildingi commun*ty engagement. fvndralslng and regeneratlon
programmes that beneht wall owners and the whole Community. This work Is funded largely by grants and
our own fundraisln9 Covers our operating costs.
Increasingly Grdnt glvers make payments retrospettlvely requlr(ng claims to be made qEJartedy in arrears.
rwr Is a small charity wlth few unallocated resour￿ to manage a quarterly cash flow model for the level
of funding we rEqulre. Where posslble we make a case for payments In advantr. The Welsh Government's
policy set out in its document Annex to the Third Sector Scheme Code of Practice for Funding the Thlrd
Sertor, state5 that It recognlses that most Third Se¢tor organisatlons do not hold large reseNes and do not
have the resources available to undertake work and receive payments afterwar(Js. Therefore, provision of
fundrng for committed expenditure may be considered In advance of payment where evidence of need 15
clearly established. We strive to set out dear evldence of need in fvndlng Ipplications an(J take thls into
account when settlng our reserves.
The organi5atlon Is govemed by volunteer Trustees ￿1th the ald of a volunteer Secretary. However, when
needed Vtwr sub-contracts to professionals for serwlces such a5 Projert Managernent, A¢countanry, and
Research. The organlsatyon Is growlng and needs worklng capltal to be financially resilient and sustalnable.
This Re*rves Pollcy wlll enable us to malntsin suffsdent levels of reserves for nomial operating actlvfjtles
to contlnue for up to 6 months should a shortfall of income occur and taka a¢count of potential rlsks and
contingencles that may arlse from time to ts"me,
In order to demorstrate transparencyi accountsblllty and sound flnandal managÈment the PTwf Reserves
Poliry cleèrfy Justifies keeping back 6 months of unre5trlcted reserves eath year.
Staps taken to establi$h reserves:
In order to make a Judgement on the amount of reserves needed. the Tnjstees have conside￿d the rfsks
In respect of expendI￿re. unrestrjtted income and. where appropriate, restrirted Income from grants as
set out above.

PEMBROKE TOWN WALLS TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Also taken into consideratlon a￿ any external Identlfied potentlal rlsks to Income and expenditure during
the year under conslderation suth as a change of Government, and changes In the economlc envlronment.
Our current reserves a￿ sufficient to maintain nomal operaElng actlvlties whith wlll be sustsined and built
up through fundralsing I￿vItIeS and events. and by an Increase In membershlp. The results will be
recorded In the b(Tdget for that period.
Monltorfng and vevlewlng thls Pollry:
This pollcy will be revlewed by Trustees after consultation with the Flnance Sub-committee each year. The
Chair of Trustees will present th8 Board wlth a draft document and 5UPPOrting materlals to enable them to
make an Infomied declslon about the levels of re5eryes needed In thelr annual budget.
FulliR2 PLANS
The applications tts both the UK SPF and the Natlonal Lottery Heritage Fund were sUC￿ful In January
2024. This is enabllng the Trust to Con￿nUe to develop the tralnlng programme wlth the Tywl CentrE and
Coe Stone Ltd; to extend the comlnunlty enga9ement programme and Involve wall ownets and the
ommunlty in tralning; to develop the Pembrokeshifft Bullt Heritage CIC as a trading sotial enterprtse,. and
to restore more of the north walls along the Mill Ponds tr￿th four more owne￿.
The deadline for thos work is 31st December 2024. In the meantlme, the Trust wlll look at future fundralsing
nd working more dosely wlth owners and the comunlty.
A meetlng has been held wlth Cadw regarding the Heritsge Partnershlp Agreements, requested by the
Pembrokeshlre Conservation Offlcer and Head of Plannlng. This Is progresslng.
Work contlnues wrth long term partners Chrls Atherton of the Atherton Consultancy, Project Manager,. Mark
Vines of Acanthus Holden, Archltetts,. Helena 8urke of Tywl Centre,. Oliver Coe of Coe Stone Ltd., the
Pembmkeshire Built Heritsge CZC. It may be nettssary to include these partners in procurement
procedures for future proJects but In the meantime Serylce Level Agreements are being establlshed.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Gov¢Mlny documnt
The charity is a ¢harttable incorporated organisjtton and ts controlled by Its incorporation documents.
REFERENCE AND ADM1141sfRATZVE DETAfLS
Ra9iJternd Charlty number
1157626
Prfnclp•l addre
Foundry House
Orange Way
Pembroke
Pembrokeshire
SA714DR
Trustee6
Mr M Bell
Mrs E H J Gossage
Mr P M Thomas
Mr H Rudge (reslgnod 201612023)
MrsDMJBush
Mr M White
Ms L Evans {resl9ned 201612023)
Mr A Jèmes
S Moakler
Ms L Dunlop {appolnted 201612023)

PEMBROKE TOWN WALLS TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Xndependent Examiner
Kenneth John Randall
Llewelyn Davie5
Chartered Accountants
50 Queen Street
Pembroke Dock
Pembrokeshire
SA72 6JE
Approved by order of the board of trustees on
by:
and slgned on its beha
Mr M Whlte - Trustee

INDEPENDENT EXAMINER'S REPORT TO ThE TRUSTEES OF
PEMBROKE TOWN WALLS niuST
Independent examlneY'$ report to the truste¢* of Pembroke Town Wa116 Trust
I report to the d)arity trusteès on my examlnation of the accounts of Pembroke Town Walls Trust (the
Trust) for the year ended 31 Deomber 2023,
Responsibllltles and basls of report
As the charfty trustees of the Trust you are responslble for the P￿paratIOn of the accounts in accordance
with the requ1￿Ments of the Charftles Att 2011 {'the Act'}.
I report In respett of my examlnatlon of the Trust s accounts carrled out under 5ectlon 145 of the Att and
In Carrying out my examinatlon f have followed all appllcable Dlrections given by the Chartty Commission
unoer Secdon 14515)(b) of the Act.
Indopondent ex•miner'• statem•nt
I have completed my examlnatfon. I confirm that no material rr*atter5 have come to my attentlon in
connertion wSth the examination 9iving me cause to believe that In any materlal respert:
accountlng records were not kept in respect of the Trust as required by Sectfon 130 of the Att,. trr
the accounts do not acwrd wlth those records; or
the accounts do not comply wlth the appllcable requirements concerning the form and content of
account5 set out in the Charities {Accounts and Reports) Regulatlons 2008 other than any
requirement that the accounts 9lve a true and falr vlew which Is not a matter considered 4$ part of
an independent examination.
I have no concerns and have come across no other matters in connertlon wlth the examlnètion to whlch
attentlon should be drdwn in this report in order to enabfe a proper understanding of the accounts to be
reached.
Kénneth John Randall
Uewelyn Davles
Chartered Accountants
50 Queen Street
Pembroke Dock
Pembroke5hlre
SA72 6JE
Date..

PEMBROKE TOWN WALLS TRUST
STATEMENT OF FINANCIAL AMVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Totsl
fiJn¢s
Unrestrfrted Restrfrted
fvnd
fund
2022
Total
nds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
8,525
8,525
1,407
Charltable a¢llvltles
Pembroke Town Walls
114 929
Total
116 336
EXPENDXTURE ON
Charltable actlviti¢•
Pembroke Town Walls
NET INCOME/(EXPENDrrvxE}
Transfers between funds
3,849
4.942
io
8.791
{2.510)
Net movement In funds
8.369
422
8.791
<2.510)
RECONCXLZATION OF FUNDS
Total funds brought forward
820
820
3.330
TOTAL FUNDS CARRIED FORWARD
422
820
The notes form part of these flnanclal statements

PEMBROKE TOWN WALLS TRUST
BALANCE SHEET
31 DECEMBER 2023
2023
Totsl
fvnds
2022
Total
fund5
UnrestNcted Restdcted
fLFnd
fvr
Notes
FXXED ASSETS
Tanglble assets
390
390
CURRENT ASSETS
Cash at bank and in hand
10,319
422
10,741
23.094
CREDrroRS
Amounts fralllng due wlthln one year
(1.520)
{1,5201
(22,274)
NET CVRRENT ASSErs
422
820
TOTAL ASSEfs LESS CURRENT
UABILITIES
9,189
422
9,611
820
NEf ASSETS
422
820
FUNDS
Unrestsirted fund5
Restricted funds
io
9,189
422
820
TOTAL FUNDS
820
The financial statements were approved by the Board of Trustees ènd authorised for Sssue on
￿&..T￿n￿.2￿24-. """"" and were signed on Its behalf by:
Mr M Whlte - Tmstee
The notes form part of these flnan¢ial statements

PEMBROKE TOWt4 WALLS TRUST
NOTES TO THE FINA14CZAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POUCIES
Basi$ of preparing th• financi•l stat•m•nts
The ffnandal ststernents of the tharlty. whlch Is a public benefit entity under FRS 102, have been
prepared In attordance with the Charitle5 SORP (FRS 1021 'Accountyng and Reporting by Charitles..
Statement of Recommended practi￿ applicable to charities preparing their a¢counts In accordance
with the Financlal Reporting Standard appllcable In the UK and Republic of Ireland IFRS 102)
(effectlve l January 20191,, Flnancial Reportlng Standard 102 Yhe Financial Reportlno Standard
applicable in the UK and kepubllc of Ireland, and the Charltles Act 2011. The financlal statements
have been p￿Pared under the hlstorical cost convention.
Income
All incom4 Is recognlsed In the Statement of FlnancJal Actlvlties on¢e the charlty has entitlement to
the funds, It Is probable that the Income wlll be reoived and the amount can be measured rellably.
Expendlture
Llabllltles are recognlsed as eXpendItu￿ as soon as there Is a legal or construrtlve obligation
commlttlng the charity to that expendI￿re, it is probable that a transfer of economic benefits wlll be
quired in settlement and the arno¢Jnt of the obll9ation can be rneasu￿d reliably. Expendlture Is
accounted for on an accruals basis and has been classified under headings that aggregate all t05t
related to the category. Where costs cannot be dlrettly attrtbuted to particular headlngs they have
been allocated to acuvltles on a basss consistent wSth the use of resources.
TangEble flxed ass•ts
Depreciation Is provlded at the followlng annual ratss in order to writt off ead) asset over Its
estimated useful life.
Plant and machinery
15% on reduclng balance
Taxatlon
The charity Is exempt from tèx ¢n Its charitable actlvJtie5.
Fund accountlng
iJn￿st￿cted ftjnds can be used In accordance wlth the charitable obJectlves èt the dlscretion of the
trustees.
Restricted funds can only be used tor partl¢ular restrfcted purposes withln the objects of the tharfty.
Restrictions arise when speclfied by the donor or when fund5 are raisèd for partlojlar rertrfcted
purposes.
Further explanatlon of the nature and purpose of each fund is included in the notes to the finanual
statements.
DONATIONS AND LEGACIES
2023
2022
Donatlons
Glft ald
SubsCrIp￿On$
7,214
303
779
621

PEMBROKE TOWN WALLS TRiIST
NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnu•d
FOR ThE YEAR ENDED 31 DECIMBER 2023
INCOME FROM CHARThABLE AcfivzTIES
2023
Activity
Pembroke Town Walls
2022
Grarts
114 929
Grants received, Included In the above. are as follows.,
2023
2022
PeMbrOkeshi￿ County Council
P & M Thomas fund
Pf>Stcode Community Trust
Community Changemaker Fund
LocalGiving Mat¢hfiJndlng
5.484
111,554
2,875
500
1,000
50
114 929
CHARThABLE Acrmnts COSTS
Dlrert
Costs
Support
costs
Totals
Pembroke Town Walls
932
TRUSTEES, REMUNEPATION AND BENepTrs
There were trustees, remuneratlon or other beneltts for the year ended 31 t>ecember 2023 nor
for the year ended 31 December 2022.
Trustees, expenses
There no trustees, expenses paid for the year ended 31 De￿mber 2023 rlorfor the year ended
31 December 2022.
COMPARATIVES FOR THE sfAfEMENY OP FZNANCIAL AcrnimES
Unrestritted Restrlcted
fijnd
fvnd
Total
funds
XNCOME AND ENDOWMENTS FROM
Donations and legaaes
1,407
1,407
Charitable activltS•B
Pernbrt)ke Town Walls
112 054
114 929
Total
112 054
116 336
EXPEP4DITURE ON
Ch•rltable actlvltle&
Pembroke Town Walls
116 $24
NEf ZNCOME/(EXPENDrruRE)
Tr•nsfors between funtts
1,960
(4,470)
(2,510)
Not m￿meTht in funds
(2.510)
(2.510)
RECONCXLIAT1014 OF FUNDS
Totsi funds brought forward
3,330
3.330
TOTAL PUNDS CARRIED FORWARD
820
820
-io-

PEMBROKE TOWt4 WALLS TRiIST
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
TANGIBLE FIXED ASSETS
Plant and
machinery
cosr
Addltlons
459
DEPRECIATZON
Charge for year
69
NET BOOK VALUE
At 31 December 2023
390
At 31 December 2022
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade creditors
Other creditors
20,407
LOANS
An analysls of the maturity of loans Is glven below:
2023
2022
Amounts falllno due wfjthin one year on demand:
Other loans
920
10. MOVEMENT IN FUNDS
Net
movement
In funds
Transfers
between
funds
At
31.12.23
At 1.1.23
Unrestrlrted funds
General fund
820
3,849
4,520
9,189
Restricted funds
Pembroke Towr¢ Wa115
4,942
{4,520)
422
TOTAL FUNDS
820
-li-

PEMBROKE TOWN WALLS TRusr
NOTES TO THE FINANCIAL STATEMEKfs - ¢onUnu•d
FOR THE YEAR ENDED 31 DECEMBER 2023
10. MOVEMENT IN FUNDS- contlnu•d
Net movement in funds, Induded in the above are as follows..
Incomlng
resources
Resources
expended
Movement
In furtds
Unrestrlrted funds
General fund
8,525
(4,676)
3,849
Restrlcted fund$
Pembroke Town Walls
6,534
(1,592)
4,942
TOTAL FU14DS
Comp•ratIV￿ for movement In fundg
Net
movement
in ftinds
Transfers
between
funds
At
31.12.22
At 1.1.22
Unr•strirted funds
General fund
3.330
1,960
{4,470)
820
Restrl¢ted funds
Pembroke Town Walls
(4.470)
4,470
TOTAL FUIIDS
820
Comparatlve net movement In fvnds, Included In the above are a5 follows:
Incomlng
reSoUr￿S
Resources
expended
Movement
In funds
UTrr¢strlct•d funds
GeneTrl fund
4.282
{2,322)
1,960
Restricted funds
Pembroke Town Walls
112,054
{116,524)
14,470)
TOTAL FUNDS
116 336
￿2 $10)
-12-

PEMBROKE TOWN WALLS TRUST
NOTES TO THE FINANCIAL sfATEMENTS- ¢oDtinued
FOR THE YEAR ENDED 31 DECEMBER 2023
10. MOVEMENT IN FUNDS- Contlnued
A ¢urrent year 12 months and prior year 12 months comblned position 15 a5 follows:
Net
movement
In fLtrnds
Transfers
be￿een
funds
At
31.12.23
At 1.1.22
Unrnstrirted funds
General fund
3,330
5,809
50
9,189
Rastrlrted fvnds
Pembroke Town Wa115
472
(50)
422
TOTAL FUNDS
9,611
A current year 12 months and prlor year 12 months combined net movement tn funds, induded In
the above are as follows=
Incomln9
resources
Resour￿$
expended
Movement
In funds
Unrestrfcted funds
General fund
12.807
(6.998)
5,809
Rè5tri¢ted fund$
Pembroke Town Walls
118,588
(118,116)
472
TOTAL FUP4DS
131 395
(125 114
11. RELATED PARTY DISCLOSURES
Pembroke Town Walls Trust Is the asset locked body 1Snked to Pembrokeshlre Built Herttage
Q)mmunity Interest Company. During the year payments amountlng to £nll (2022 £48.380) we
pald to Pembrrjkeshlfy Bullt Herftage Communty interest Company.
-13-

PEMBROKE TOWt4 WALLS TRUST
DETAILED STATEMENT OF FINANCIAL AcfDIiTIES
FQR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
INCOME AND ENDOWMENTS
Donatlons and legxies
Donatlons
Gift aid
Subsulptlons
7,214
303
779
621
8,525
1,407
Charltabl¢ artlviti
Grant5
114929
T¢)tal Incomlng resources
15,059
116,336
EXPE14DITURE
Charltabl• actlvitiè•
Insurance
Office costs ané overheads
Subscrfptlons
Architect
Contractor servlces
Donatlons
Plant and machlnery
988
327
70
898
4,597
30
10,920
101,326
165
3,700
182
69
5.336
117,936
Support costs
Flnance
Bank charges
310
258
Governance costs
Accountancy fees
Loan Interest
600
22
600
52
622
652
Total resouros expended
118 846
Net In¢ome/(exp¢Thdlture)
Thi5 page does not form part of the ststutory flnancial statements
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