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|Directors/Trustees|Directors/Trustees|||||
|---|---|---|---|---|---|
||||Dr William Newton-Smith|(Resigned 21 June 2023)||
||||Chris Blake|||
||||Mari Fforde (Resigned 21|June 2023)||
||||Havard Prosser|||
||||George Littlejohn|||
||||Karl Wills|||
||||Shirish Kulkarni|||
||||Alice Taherzadeh|||
||||Keri Facer (Resigned 5 November||2023)|
||||Sophie Howe (Appointed|21 June|2023)|
|Registered|Office||Unit 3 Great House Barns|||
||||New Street|||
||||Talgaith|||
||||Brecon|||
||||LD3 OAH|||
|Registered|Charity Number||1180681|||
|Registered|Company|Number|11193702|||
|Reporting|Accountants||W JJames k, Co<br>Bishop House|||
||||10Wheat Street|||
||||Brecon|||
||||Powys|||
||||LD3 7DG|||
|Bankers|||Barclays Bank Pic|||
||||Worcester 2|||
||||Leicestershire|||
||||England|||
||||LE872BB|||





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|YEAR ENDED 3|1 JULY 2|023||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||Unresttxcted|Restricted|Year Ended 31|Period|fro&n|1 Mar|
|||||Funds|Funds|July 2023|2021 to 31 Jul|||
||||Note|g|g|||||
|Incoming<br>From:<br>Donations||||9,796||9,796|||80,616|
|Charitable<br>Activities<br>Grants and contracts<br>Higher and Further <br>Treherbert Income|Education|income||76,100<br>168,553<br>29,617|309,995|386,095<br>168,553<br>29,617||296,817<br>73,342||
|Investment<br>income<br>Interest received<br>Other income||||471<br>6,572||471<br>6,572|||24<br>7,775|
|Total Income||||291,109|309,995|601,104||458,574||
|Expenditure<br>On:<br>Charitable<br>activities||||314,769|268,81]|583,580||446,383||
|Total Expenditure||||314,769|268,811|583,580||446,383||
|Net Income/(expenditure)||||(23,660)|41,184|17,524|||12,191|
|Transfers<br>between|funds|||24,516|(24,516)|||||
|Net Movement<br>in funds||||856|16,668|17,524|||12,191|
|Total funds at start|ofperiod|||56,499|93,436|149,935|||137,744|
|Total funds at end ofperiod||||57355|110104|167,459|||149,935|





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|AS AT 31JULY 2|023||||
|---|---|---|---|---|
||||Year ended 31|Period ended 31|
||||July 2023|July 2022|
|||Note|f||
|Fixed Assets<br>Tangible fixed assets||10|38,859|10,171|
|Investments||11|36,000<br>74,859|10,171|
|Current<br>Assets<br>Debtors<br>Cash at bank||12|64,282<br>302,303<br>366,585|2,450<br>199,859<br>202,309|
|Creditors: Amounts<br>due within one year<br>Net Current<br>assets|falling|13|(77,032)<br>289,553|(2,545)<br>199,764|
|Total assets less current liabilities|||364,412|209,935|
|Creditors;<br>Amounts<br>more than one year|falling due after|14|(196,953)|(60,000)|
|Net assets|||167,459|149,935|
|Funds|||||
|Unrestricted<br>funds<br>General funds<br>Restricted<br>funds||15<br>15|57,355<br>110,104|56,499<br>93,436|
||||167,459|149,935|



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|dd31Jl|2023||||||
|---|---|---|---|---|---|---|
|For year ene uy||||||Period from I|
||||Unrestricted|Restricted|Year ended 31|Mar 2021 to 31|
||||Funds|Funds|July 2023|Jul 2022|
|National<br>Lottery Community<br>Fund<br>Powys County Council<br>HMRC JRSGrant<br>MWMG<br>DWP<br>Garfield Weston<br>C FIn Wales<br>Mark Leonard Trust<br>The A Team Foundation<br>The Prince's Countryside<br>Fund<br>Brecon Beacons Natinoal<br>Park<br>Powys County Council -UK Community<br>Carnelian<br>Trust<br>Welcome To Our Woods<br>WCVA - Landfil Grant<br>The Roddick Foundation||Renewal F|46,100<br>30,000|134,546<br>23,000<br>11,000<br>35,148<br>66,587<br>24,714<br>15,000|134,546<br>46,100<br>23,000<br>11,000<br>35,148<br>30,000<br>66,587<br>24,714<br>15,000|42,518<br>56,734<br>3,503<br>13,970<br>6,175<br>90,000<br>15,000<br>30,000<br>23,000<br>11,000<br>4,917|
||||76,100|309,995|386,095|296817|
|For period ended 31July 2022|||||||
||||||Period from 1||
||||Unrestricted|Restricted|Mar 2021 to 31|Year ended 28|
||||Funds|Funds|JUI 2022|February 2021|
|||||g|g||
|National<br>Lottery Community<br>Fund||||42,518|42,518|59,625|
|Arwain<br>Rural Development<br>Programme<br>Leader Plus European<br>Funds<br>Powys County Council<br>HMRC JRSGrant<br>MWMG<br>DWP<br>Garfield Weston<br>CFIn Wales<br>Mark Leonard Trust<br>The A Team Foundation<br>The Prince's Countryside<br>Fund<br>Brecon Beacons Natinoal<br>Park|||3,503<br>90,000<br>30,000|56,734<br>13,970<br>6,]75<br>15,000<br>23,000<br>11,000<br>4,917|56,734<br>3,503<br>13,970<br>6,175<br>90,000<br>15,000<br>30,000<br>23,000<br>11,000<br>4,917|34,823<br>10,000<br>12,777|
||||123,503|173314|296,817|117,225|





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||||||
|---|---|---|---|---|
|Other income||||Period from I|
||Unrestricted|Restricted|Year ended 31|Mar 2021 to 31|
||Funds|Funds|July 2023|Jul 2022<br>f|
|Training services<br>Employment<br>Allowance<br>Other income|275<br>6,225<br>72||275<br>6,225<br>72|7,775|
||6,572||6,572|7,775|



## 

|reerert<br>nc|me||||Period from 1|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Year ended 31|Mar 2021to 31|
|||Fundsf|Funds|July 2023<br>f|JIII2022|
|Income<br>Rent and grazing<br>Rural Payments|Wales - Subsidies|493<br>18,830<br>10,294||493<br>18,830<br>10,294||
|||29,617||29,617||





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|31l|2023||||||
|---|---|---|---|---|---|---|
|For year ended Juy||||||Period from 1|
||Marketing|Wages &<br>salaries|Direct costs|Support cost|Year ended 31<br>July 2023|Mar 2021 to31<br>Jul 2022|
||||g||g||
|Establishment<br>ofa<br>college of higher and|30,723|317,002|139,135|90,800|577,660|441,763|
|further education|||||||
|Governance|||5,920||5,920|4,620|
||30,723|317,002|145,055|90,800|583,580|446,383|



|||lt|incurred|||||
|---|---|---|---|---|---|---|---|
|Allocation<br>is b|ased on|actua coss|||||Period from 1|
|||||||Year ended 31|Mar 2021 to31|
|Support costs||||||July 2023|Jul 2022|
|Premises costs<br>Office costs<br>Other costs<br>Legal & Professional||Fees||||7,712<br>8,166<br>29,309<br>45,613|7,318<br>57,235<br>7,815|
|||||||90,800|72,368|
|For period ended 31||July 2022||||Period from 1||
||||Wages &<br>salaries|Direct costs|Support cost|Mar 2021 to31<br>Jul2022|Year ended 28<br>Feb 2021|
|||||||g||
|Establishment<br>ofa college of higher<br>and further education<br>Governance|||217,426|151,969<br>4,620|72,368|441,763<br>4,620|162,889<br>1,664|
||||217426|156589|72,368|446,383|164,553|
|Allocation is based on actual costs|||incurred|||||
|||||||Period from 1||
|||||||Mar 2021 to31|Year ended 28|
|Support costs||||||Jul 2022|Feb 2021<br>6|
|Premises costs<br>Office costs<br>Other costs||||||7,318<br>57,235<br>7,815|2,521<br>15,954<br>248|
|||||||72,368|18,723|





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|Netincome for the year|||
|---|---|---|
|||Period from 1|
||Year ended 31|Mar 2021to31|
|This is stated after charging:|July 2023|Jul2022|
|Independent<br>examiner's<br>fees<br>-for independent<br>examination<br>-for other accountancy<br>services|2,485<br>3,435|1,940<br>2,680|
|Trustees remuneration|||
|Payment ofTrustees'<br>travel expenses nil (2022:Nil)|||



|Staff costs and numbers|||
|---|---|---|
|||Period from 1|
||Year ended 31|Mar 2021 to31|
|The aggregate payroll costs were:|July 2023|JUI2022|
|Wages and salaries<br>Social security costs<br>Pension<br>Staff Training<br>Other staff costs|275,578<br>21,210<br>5,296<br>3,279<br>11,639<br>317,002|199,507<br>14,317<br>3,602<br>217426|



|The average weekly number ofemployees|The average weekly number ofemployees|during the year, calculated|on the basis offull time equivalents,|was|as follows:<br>Period from I|as follows:<br>Period from I|
|---|---|---|---|---|---|---|
||||||Mar 2021|to31|
||||||Jul|2022|
|||||||No.|
|||||||11|
|Charitable|activities||||||
|||||20|||



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|9|Comparative<br>Statement ofFinancial Activity figures||Unrestricted|Restricted|Period from I|
|---|---|---|---|---|---|
||||Funds|Funds|Mar 2021 to 31|
||||||g|
||Incoming From:<br>Donations||68,616|12,000|80,616|
||Charitable<br>Activities<br>Grants and contracts<br>Higher and Farther Education income<br>Investment<br>income<br>Other income||123,503<br>73,342<br>24<br>7,775|173,314|296,817<br>73,342<br>24<br>7,775|
||Total Income||273,260|185314|458,574|
||Expenditure<br>On:<br>Charitable<br>activities||263,382|183,001|446,383|
||Total Expenditure||263,382|183001|446,383|
||Net Income/(expenditure)||9,878|2,313|12,191|
||Total funds at start ofperiod||61,243|76,501|137,744|
||Total funds at end ofperiod||71,121|78814|149,935|
|10|Tangible Fixed Assets|Fixtures|Office|Motor||
|||and fittings|Equipment|Vehicles|Total|
||COSTOR VALUATION<br>At 1 August 2022<br>Additions|13,561<br>8,278|10,073|25,495|13,561<br>43,846|
||At 31 July 2023|21,839|10073|25,495|57,407|
||DEPRECIATION<br>At 1 August 2022<br>Charge for the year|3,390<br>5,460|3,324|6,374|3,390<br>15,158|
||At 31 July 2023|8 850|3,324|6,374|18548|
||NET BOOK VALUE<br>At 31 July 2023|12,989|6,749|19,121|38,859|
||At 31 July 2022|10,171|||10 171|





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|11|Investments|||||
|---|---|---|---|---|---|
|||||Year ended|Period ended|
|||||31/07/2023|31/07/2022|
||Investment|tn subsidiary|undertaking|36,000||
||||||Total|
||COST OR|VALUATION||||
||At I August <br>Additions|2022|||36,000|
||At 31 July|2023|||36,000|
||NET BOOK VALUE|||||
||At 31 July|2023|||36OOO|
||At 31 July|2022||||



## 

||||||Year ended|Period ended|
|---|---|---|---|---|---|---|
||||||31/07/2023|31/07/2022|
|||||||f|
|Other <br>Social|debtors<br> security|and|other|taxes|64,282|13<br>2,437|
||||||64,282|2,450|





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||Cditt<br>flli||duewithin|oneyear|||||
|---|---|---|---|---|---|---|---|---|
|13|reors: amouns<br>a|g|||||Year ended|Period ended|
||||||||31/07/2023|31/07/2022|
|||||||||6|
||Loans and borrwings<br>Creditors<br>Accruals and deferred<br>income||||||24,847<br>1,309<br>6,707|750|
||Social security and other <br>Other creditors|taxes|||||6,464<br>1,705|1,795|
||Amount<br>due to subsidiary|undertaking|||||36,000||
||||||||77032|2,545|
|14|Creditors: amounts<br>falling||due after|more than one|year||Year ended|Period ended|
||||||||31/07/2023|31/07/2022|
||Loans and borrowings||||||196,953|60,000|
||||||||196953|60000|
|15|Movement<br>in funds||||||||
||Foryear ended 31July|2023||At<br>01-Aug-22|Incoming<br>resources|Outgoing<br>resources|Transfers|At<br>31-Jul-23|
|||||||g|||
||Restricted funds<br>Welcome To Our Woods<br>National<br>Lottery Community||Fund|23,507|66,587|(19,928)|(23,507)|46,659|
||National<br>Lottery Circular <br>Building<br>Full Circle<br>Climate Boost<br>Welsh Water|Economy||8,382<br>8,297<br>10,000|134,546|(115,983)<br>(8,382)<br>(6,886)|(8,297)|18,563<br>3,114|
||Powys County Council -||UK||||||
||Community<br>Renewal Fund<br>Department<br>ofWork and Pensions<br>Ashley Family Foundation<br>The A Team Foundation<br>The Prince's Countryside<br>Fund<br>Wales Council for Voluntary<br>Action<br>The Roddick Foundation|||625<br>15,000<br>23,000<br>4,625|35,148<br>23,000<br>11,000<br>24,714<br>15,000|(35,148)<br>(12,264)<br>(21,179)<br>(22,067)<br>(25,584)<br>(1,390)|(625)<br>6,442<br>1,471|2,736<br>24,821<br>601<br>13,610|
|||||93,436|309,995|(268,811)|(24,516)|110,104|
||Unrestricted<br>funds<br>General funds|||56,499|291,109|(314,769)|24,516|57,355|
|||||56,499|291,109|(314,769)|24,516|57,355|
||Total funds|||149,935|601,104|(583,580)||167,459|





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|Movement<br>in funds (Condnued)||||||
|---|---|---|---|---|---|
|For period ended 31 July 2022|At<br>01-Mar-21|Incoming<br>resources|Outgoing<br>resources|Transfers|At<br>31-Jul-22|
|||g||||
|Restricted funds<br>National<br>Lottery Community<br>Fund|16,296|42,518|(35,307)||23,507|
|Arwain<br>Rural Development||||||
|Programme<br>Leader Plus European<br>Funds<br>Full Circle<br>Climate Boost<br>Welsh Water|(4,795)<br>50,000<br>15,000|29,817<br>10,000|(25,022)<br>(41,618)<br>(6,703)||8,382<br>8,297<br>10,000|
|BeThe Earth<br>Powys County Council<br>Department ofWork and Pensions<br>Ashley Family Foundation<br>The A Team Foundation<br>The Prince's Countryside<br>Fund<br>Brecon Beacons National<br>Park||2,000<br>40,887<br>6,175<br>15,000<br>23,000<br>11,000<br>4,917|(2,000)<br>(54,106)<br>(5,550)<br>(6,375)<br>(6,320)|13,219<br>1,403|625<br>15,000<br>23,000<br>4,625|
||76,501|185,314|(183,001)|14,622|93,436|
|Unrestricted<br>funds<br>General<br>funds|61,243|273,260|(263,382)|(14,622)|56,499|
||61,243|273,260|(263,382)|(14,622|56,499|
|Total funds|137,744|458,574|(446,383)||149,935|





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