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





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





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||||||||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<br>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<br>enerated b||o|eratin|activities||12|5,540|4,952|
|Cash|flows from investments<br>activities||||||||
|Purchase offurniture||and|equipment||||(1,898)|(1,088)|
|Net cash<br>rovided b||/ utilised in||investin|activities||(1,898)|(1,088)|
|Chan|e in cash and cash||e uivalents<br>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)|





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|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<br>Costs||||||2022||2021|
||Independent<br>Examiner||||||800||800|





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|5|Mana<br>ement &Administration|Ex enditure|2022|2021|
|---|---|---|---|---|
||Insurance||149|218|
||Buildings,<br>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<br>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<br>and accrued|income||391|380|
||Total|||1,870|1,847|





|10|Anal<br>sis ofcurrent liabilities|Anal<br>sis ofcurrent liabilities|Anal<br>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<br>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<br>Loan||||||27,244|26,396|
||Energy Saving Loan|||||||472|
||Total||||||27,244|31,062|



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





|from o eratin<br>activ|itie|s||||
|---|---|---|---|---|---|
|||||2022|2021|
|Net movement<br>in funds||||8,672|9,474|
|Add back deprecation<br>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<br>enerated|b|o eratin|activities|5,540|4,952|



|Anal<br>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|





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