2022-12-31-accounts

1-4		Trustees Report
		Statement ofFinancial	Activities
		Balance Sheet
		Statement ofCash Flows
8-14		Notes to the Financial	Statements
15		Independent Examiners	report
Trustees		Mrs Patricia Dent
		Mrs Marilyn Paterson
Trust's Address		Adelaide College
		3 Nineyard Street
		Saltcoats
		Ayr shire
		KA21 5HS
Charity Numbers		SC039961(Scotland)
		SC240168 (England k, Wales)
Independent	Examiner	Bruce Fairgrieve BSc,CA (ICAS)
		Chartered Accountant
		32a Hamilton Street
		Saltcoats
		Ayrshire
		KA21 5DS
Bankers		Bank ofScotland
		57Dockhead Street
		Saltcoats
		Ayrshire
		KA21 5EY
Solicitors		Jas Campbell &Co
		57Dockhead Street
		Saltcoats
		Ayrshire
		KA21 5EY.

						Total	Total
				Unrestricted	Restricted	Funds	Funds
			Note	Funds	Funds	2022	2021
Incomin Resources
Donations				85,338		85,338	93,243
Trading Income				2,597		2,597	1,983
Total				87,935		87,935	95,226
Charitable Expenditure				49,184		49,184	59,191
Trading Expenditure Management 4 Administration				26,921 821		26,921 821	23,975 975
Total				76,926		76,926	84,141
Interest payable				2,337		2,337	1,611
Total ex enditure				79,263		79,263	85,752
Net income/ ex enditure		and net movement
in funds				8,672		8,672	9,474
Revaluation							(65,000)
Net Movement in funds				8,672		8,672	(55,526)
Funds Reconciliation
Total Funds brought	forward			494,568		494,568	550,094
Total Funds brou ht	carried forward			503,240		503,240	494,568

							2022	2021
Fixed Assets
Tangible Assets							566,839	566,647
Current Assets
Stock							500	408
Debtors							1,870	1,847
Cash at bank	and	in	hand				485	702
Total Current	Assets						2,855	2,957
Liabilities
Creditors fallin		due	within	one	ear	10	(39,210)	(43,974)
Net Current	Assets/		Liabilities				(36,355)	(41,017)
Total Assets	less	current liabilities					530,484	525,630
Creditors: Amounts			fallin	due after more than
~one ear						10	(27,244)	(31,062)
Net Assets							503,240	494,568
The funds ofthe		charit				13
Revaluation	Reserve						145,812	145,812
Unrestricted	income		funds				357,428	348,756
Total chari	funds						503,240	494,568

							2022	2021
Net cash enerated b		o	eratin	activities		12	5,540	4,952
Cash	flows from investments activities
Purchase offurniture		and	equipment				(1,898)	(1,088)
Net cash rovided b		/ utilised in		investin	activities		(1,898)	(1,088)
Chan	e in cash and cash		e uivalents in the		ear		3,642	3,864
Cash	and cash equivalent		brought	forward			(9,040)	(12,904)
Cash	and cash e uivalents		carried forward				(5,398)	(9,040)
B~ein:-
Cash	at Bank						485	702
Bank	Overdraft						(1,400)	(964)
Bank	Term Loan						(4,483)	(8,778)
							(5,398)	(9,040)

3	Charitable Ex enditure	Charitable Ex enditure	Charitable Ex enditure			2022		2021
	College Food					244		85
	Car &Travel					1,179		1,438
	Stationery &Advertising					2,793		3,322
	Insurance					6,996		10,196
	Building Repairs &Maintenance					12,265		8,804
	Postage &Telephone					3,461		3,219
	Heat &Light					10,689		21,788
	Rent &Rates					1,461		1,374
	Repairs & Maintenance					2,769		1,431
	Cleaning					4,270		2,031
	Car Leasing					2,923		5,336
	Depreciation					134		167
						49,184		59,191
4	Gross Ex enditure	on Tradin			Activities
							2022		2021
	Purchases —Conference			Supplies			6,930		6,949
	Purchases —Printshop						1,051		1,605
	Depreciation						1,572		1,495
	Heat &Light							912	1,858
	Rent &Rates							126	117
	Postage &Telephone							695	727
	Motor &Travel						8,915		5,672
	Repairs &Buildings		Maintenance				1,046		751
	Insurance							597	870
	Sundry							738	529
	Cleaning							364	173
	Repairs & Maintenance							236	122
	Lease ofcomputer						2,939		2,307
	Accountancy							800	800
							26,921		23,975
	Governance Costs						2022		2021
	Independent Examiner						800		800

5	Mana ement &Administration	Ex enditure	2022	2021
	Insurance		149	218
	Buildings, Repairs &Maintenance		262	188
	Heat &Light		228	466
	Rent &Rates		32	29
	Repairs &Maintenance		59	31
	Cleaning		91	43
			821	975

8	Tan ible FixedAssets
			Fixtures	Motor
		Propre	F~ittin s	Vehicles	Total
	Cost
	As at 1 January 2022	560,000	251,895	1,930	813,825
	Additions		1,898		1,898
	As at 31December 2022	560,000	253,793	1,930	815,723
	~De reciation
	As at 1 January 2022		245,248	1,930	247,178
	Charge for the year		1,706		1,706
	As at 31December 2022		246,954	1,930	248,884
	Net Book Value
	As at 31December 2022	560,000	6,839		566,839
	As at 31December 2021	560,000	6,647		566,647
9	Debtors			2022	2021
	Other Debtor - Gift Aid			644	555
	VAT			835	912
	Prepayments and accrued	income		391	380
	Total			1,870	1,847

10	Anal sis ofcurrent liabilities	Anal sis ofcurrent liabilities	Anal sis ofcurrent liabilities	and ion	term creditors		2022	2021
	Creditors under	1	Year
	Bank overdraft						1,400	964
	Trade Creditors						19,103	11,523
	Accruals						1,655	8,627
	Bank term Loan						4,483	4,584
	Supporters Loan						9,697	12,483
	Energy Saving Loan						2,872	4,800
	Shire Leasing							993
	Total						39,210	43,974
	All creditors in 2022 and 2021 relate				to unrestricted	funds
	Creditors over 1		ear includin	rovisions			2022	2021
	Bank Term Loan							4,194
	Supporters Loan						27,244	26,396
	Energy Saving Loan							472
	Total						27,244	31,062

Analysis of		Balance
Fund		BlFwd	Income	~Ex enditure	C/Fwd
Movements
Unrestricted	Funds	494,568	87,935	(86,247)	496,256

from o eratin activ	itie	s
				2022	2021
Net movement in funds				8,672	9,474
Add back deprecation charge				1,706	1,662
Decrease /(Increase)	inventory			(92)	(119)
Decrease/(Increase)	in	debtors		(23)	214
Increase/(Decrease)	in	creditors		(4,723)	(6,279)
Net cash enerated	b	o eratin	activities	5,540	4,952

Anal sis ofNet Asset	s over Funds
			Net Assets	Long
	Fixed		Current	Term
	Assets	Bank	Liabilities	Liabilities	Total
Unrestricted	566,839	485	(36,840)	(27,244)	503,240