2022-12-31-accounts

			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Notes to the Financial Statements		8	to	16

					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	funds f	funds f	funds	funds F
INCOME AND ENDOWMENTS	FROM
Donations and legacies			34,983		34,983	11,531
Charitable activities
Outdoor education provision			55,171		55,171	105,380
Investment income			78		78	4
Other income			5,467		5,467	62,256
Total			95,699		95,699	179,171
EXPENDITURE ON
Charitable activities
Outdoor education provision			143,434	1,345	144,779	276,617
Governance costs			18,764		18,764	17,020
Total			162,198	1,345	163,543	293,637
NET INCOME/(EXPENDITURE)			(66,499)	(1,345)	(67,844)	(114,466)
RECONCILIATION OF FUNDS
Total funds brought forward			686,334	66,061	752,395	866,861
TOTAL FUNDS CARRIED FORWARD			619,835	64,716	684,551	752,395

					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	funds f	funds f	funds	funds f
FIXEDASSETS
Tangible assets		11	806,601	36,753	843,354	857,383
CURRENT ASSETS
Stocks		12	4,635		4,635	4,542
Debtors		13	5,287		5,287	2,546
Cash at bank and	in hand		25,640	27,963	53,603	157,694
			35,562	27,963	63,525	164,782
CREDITORS
Amounts falling due within one year		14	(31,543)		(31,543)	(84,115)
NET CURRENT ASSETS			4,019	27,963	31,982	80,667
TOTAL ASSETS	LESSCURRENT LIABILITIES		810,620	64,716	875,336	938,050
CREDITORS
Amounts falling due after more than one year		15	(190,785)		(190,785)	(185,655)
NETASSETS			619,835	64,716	684,551	752,395
FUNDS		19
Unrestricted funds					619,835	686,334
Restricted funds					64,716	66,061
TOTAL FUNDS					684,551	752,395

	Activity		2022f	2021
Residential fees	Outdoor education	provision	54,148	68,940
Miscellaneous income	Outdoor education	provision		200
Tuck shop income	Outdoor education	provision	723	1,268
Day activities	Outdoor education	provision	300	34,972
			55,171	105,380
OTHER INCOME
			2022f	2021 f.
Sundry income			300	1,320
Government grants			2,667	60,936
GIR aid tax refunded			2,500
			5,467	62,256

						Support
					Direct	costs (see
					Costs	note 7)	Totals
						F	f.
	Outdoor education		provision		144,779		144,779
	Governance	costs				18,764	18,764
					144,779	18,764	163,543
7.	SUPPORT COSTS
							Governance
							costs
	Governance	costs				Governance	18,764
	Support costs, included			in the above, are as follows:
						2022	2021
							Total
						costs f	activities f
	Wages					3,565	3,137
	Social security					270	335
	Pensions					117	157
	Postage and	stationery				193	183
	Independent	examiners		fees		4,278	3,918
	Payroll and bookkeeping Legal Fees			services		4,752	2,598 3,262
	Bank charges					67	7
	Interest payable and similar charges					5,522	3,423
						18,764	17,020

Net income/(exp	enditure) is stated after charging/(crediting):
		2022 E	2021f
Depreciation -	owned assets	13,336	20,077
Other operating	leases	634	200
Deficit on disposal offixed assets		693	727

There were no tru 31 December 2021.	stees' expenses paid	for the year ended 31 December	2022 nor for t	he year end
STAFF COSTS
			2022	2021
			6
Wages and salaries			53,053	162,006
Social security costs			1,565	5,662
Other pension costs			1,615	5,081
			56,233	172,749
The average monthly	number ofemployees	during the year was as follows:
			2022	2021
Instructors and ancillary staff			2	7

TANGIBLE FIXEDASSETS
		Property	Property
	Freehold	improvements	improvements-
	property f	-general 6	restricted 6
COST OR VALUATION
At 1 January 2022	822,641	128,160	52,687
Disposals
At 31 December 2022	822,641	128,160	52,687
DEPRECIATION
At 1 January 2022	18,106	121,568	15,434
Charge for year	9,053	625	1,054
Eliminated on disposal
At 31 December 2022	27,159	122,193	16,488
NET BOOK VALUE
At 31 December 2022	795,482	5,967	36,199
At 31 December 2021	804,535	6,592	37,253

TANGIBLE FIXEDASSETS	- continued
			Fixtures
		Equipment-	and	Motor
		general	fittings f	vehicles 6	Totals f
COST OR VALUATION
At 1 January 2022		110,129	32,296	95,098	1,241,011
Disposals		(3,843)	(7,591)		(11,434)
At 31 December 2022		106,286	24,705	95,098	1,229,577
DEPRECIATION
At 1 January 2022		103,597	29,825	95,098	383,628
Charge for year		1,872	732		13,336
Eliminated on disposal		(3,157)	(7,584)		(10,741 )
At 31 December 2022		102,312	22,973	95,098	386,223
NET BOOK VALUE
At 31 December 2022		3,974	1,732		843,354
At 31 December 2021		6,532	2,471		857,383
Included in cost or valuation	of land and buildings	is freehold	land off370,000	(2021 - f370,000)	which is	not
depreciated.

							Property	Property
						Freehold	improvements	improvements-
						property f	-general	restricted
Valuation	in	2020				446,267
Cost						376,374	128,160	52,687
						822,641	128,160	52,687
						Fixtures
					Equipment-	and	Motor
					general f	fittings 8	vehicles f	Totals
Valuation	in	2020						446,267
Cost					106,286	24,705	95,098	783,310
					106,286	24,705	95,098	1,229,577
Ifland and	buildings		had	not been revalued	they would have been	included at the following historical		cost:
							2022	2021
							6	E
Cost							376,374	376,374
Aggregate	depreciation						135,321	130,394
Value ofland		in freehold		land and buildings			370,000	370,000

				Low Mill Outdoo	Low Mill Outdoo	Low Mill Outdoo	Low Mill Outdoo	r		Edu	cation Centre CIO
				Notes to the Fin				n	i	I	ments - continued
					for	h	Year End				1 D
12.	STOCKS
												2022	2021
												L
	Stocks											4,635	4,542
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN					ONE			YEAR
												2022	2021
												E	6
	Trade debtors											2,200
	Other debtors											2,500	900
	Prepayments											587	1,646
												5,287	2,546
14.	CREDITORS: AMOUNTS			FALLING		DUE WITHIN				ONE YEAR
												2022	2021
												6	6
	Bank loans and overdraRs			(see	note	16)						9,867	9,623
	Trade creditors											835	20,602
	Social security and other		taxes										2,692
	Other creditors											56	797
	Accruals and deferred	income										14,964	44,629
	Accrued expenses											5,821	5,772
												31,543	84,115
15.	CREDITORS: AMOUNTS			FALLING		DUE AFTER				MORE THAN ONE YEAR
												2022	2021
	Bank loans (see note	16)										25,785	35,655
	Other loans (see note 16)											165,000	150,000
												190,785	185,655
16.	LOANS
	An analysis ofthe maturity			ofloans is given below:
												2022 f	2021 5
	Amounts falling due within			one year on demand:
	Bank loans											9,867	9,623
	Amounts falling due between two and					five years:
	Bankloans											25,785	35,655
	Otherloans											15,000
												40,785	35,655
	Amounts falling due in more than				five	years:
	Repayable otherwise	than		by instalments:
	Other loans repayable	after five years										150,000	150,000

Minimum leas	e payments under non-canc	ellable operating leases fall d	ue as follows:
			2022	2021
				F
Within one year			562	562
Between one	and five years		1,403	1,965
			1,965	2,527
SECURED DEBTS
The following	secured debts are included	within creditors:
			2022	2021
				6
Bankloans			35,652	45,278
Other loans			165,000	150,000
			200,652	195,278

					Net	Transfers
					movement	between	At
				At 1.1.22 f	in funds E	funds 6	31.12.22 E
Unrestricted funds
General	fund			685,738	(66,499)	596	619,835
Friends	of Low	Mill		596		(596)
				686,334	(66,499)		619,835
Restricted funds
Building	Refurbishments			40,963	(1,345)		39,618
Minibus	Replacement		fund	14,721			14,721
Bursary	fund			10,377			10,377
				66,061	(1,345)		64,716
TOTAL	FUNDS			752,395	(67,844)		684,551
Net movement		in funds, included		in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					6	6
Unrestricted funds
General	fund				95,699	(162,198)	(66,499)
Restricted funds
Building	Refurbishments					(1,345)	(1,345)
TOTAL	FUNDS				95,699	(163,543)	(67,844)

Compar	atives	for mo	veme	nt in funds
						Net
						movement	At
					At 1.1.21	in funds 8	31.12.21 f
Unrestricted		funds
General	fund				800,244	(114,506)	685,738
Friends	of Low Mill				386	210	596
					800,630	(114,296)	686,334
Restricted funds
Building	Refurbishments				42,308	(1,345)	40,963
Minibus	Replacement		fund		14,721		14,721
Bursary	fund				9,202	1,175	10,377
					66,231	(170)	66,061
TOTAL	FUNDS				866,861	(114,466)	752,395
Comparative		net movement		in funds, included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
					f.		6
Unrestncted		funds
General	fund				177,786	(292,292)	(114,506)
Friends	ofLow Mill				210		210
					177,996	(292,292)	(114,296)
Restricted funds
Building	Refurbishments					(1,345)	(1,345)
Bursary	fund				1,175		1,175
					1,175	(1,345)	(170)
TOTAL	FUNDS				179,171	(293,637)	(114,466)

A curren	t year 12mo	nths and pdior yea	r 12 months combined po	sition is as follow	s:
				Net	Transfers
				movement	between	At
			At 1.1.21	in funds f	funds	31.12.22 E
Unrestricted funds
General	fund		800,244	(181,005)	596	619,835
Friends	of Low Mill		386	210	(596)
			800,630	(180,795)		619,835
Restricted funds
Building	Refurbishments		42,308	(2,690)		39,618
Minibus	Replacement	fund	14,721			14,721
Bursary	fund		9,202	1,175		10,377
			66,231	(1,515)		64,716
TOTAL	FUNDS		866,861	(182,310)		684,551