2022-12-31-accounts - Trefeca College

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Conteats	Page
Legal 2nd a ministrative information	1-2
Report ofthe trustee	3-4
Statement oftrustees' responsiMities
Independent auditors' report	6-8
Statement offinancial activities
	10
Notes tothe financial statements

statements were:
RevJenny Gamud	Co-opted Tntstee
RevT.Evan Morgan	Moderator, Presbyterian Church ofWales
RevNerys Tudor	esDepartment, Presbyterian	Church ofWales
RevMeirion Morris	Resources Department &Pmperties	Bmu4 Presbytedan	Church
	ofWales (retired SoJune aoau)
RevNan Poweg-Davies	Resources Department &Pmperties	Board, Presbyterian	Church
	ofWales (appointed rJuly aoaa)
Dr Rhidian GriKtbs	Historical Department, Presbyterim	Church ofWales
Mrs Joanna Thomas-Wright Mr Glynog Davies Mr Ian Hayward	Tlussurer Association in the South, Presbyterian Associationin the East, Presbytemm	Church ofWales Church ofWales/~
Mrs Sian Edwards RevTrefor Lewis	Co-opted Trustm / Joint Mauager Coleg yBala Association in the North, Presbyterian Church ofWales / Chair

Statement offmancial acti SIDecember aoaa	vities	forthe yea	r ended
				2022	2021
	Note	Unrestricted 5		Total	Totalf
Income from:
Course and residential fees		390,465		39oA65	19~917
Shop sales Grants		4~000		4~000	221 15,000
Donations Legacies		6,338 5,000		6,338 5,000	2,631
Grant kom Presbyterian Church ofWales		77.672		77.672	44347
Bank interest		tA55		1.255	148
Other		98		98	24~470
Total		484,828		484,828	106734
Expenditure on: Courses	2	223449		223~249	167255
Shop costs	2				88
Total		223449		223&249	157&343
Net income/(expenditure)		26+579		261579	(50,609)
Other recognised gains and losses Unrealised gains on heritage assets			37,875	37,S75	17,986
Net movement in funds		261,579	37,875	299,454	(32,623)
ReconciTiation offunds:
Total funds brought forward		250435	241243	491,378	524ioot
Total funds carried forward	7	511,714	279,118	790,832	491,378

Balance sheet a	sat3xDecember	2022
			2022	2021
		Note	5
Fixed assets
Tangible assets			286,699	328,686
Heritage assets			279&118	241,243
			565 81'7	569,929
Current assets
Stock				4&355
Debtors			351,866	/356
Cash atbank and in hand			21&924	20,653
Short Term Deposits			59&770	59&77/0
			433,560
Creditors: amounts falling due within one
year Owed tothe Presbyterian	Church ofWales		208&545	167,667
Sundry creditors and accrnals				3&018
			so8,545	170,685
Net current (Habiaties) assets			225&015	(78551)
Total assets less net current liabiaitles			79o,832	491,378
Funds
Unrestricted			511&714	250.135
Restricted fund —Howell	Harris Museum and		279,118	241&243
artefacts
Total funds			790,832	491,378

	Staffcostsf	Support costsf	other	2022	2021f
Courses	57&477	83,703	82,o69	223&249	157&255
Shop					88
	57,477	83,703	82,o69	223 249	157343

Support costs		2022f	2021
Office and maintenance	costs	24ms	20,461
Legal and professional Depreciation	fees	484 58,781	352 57&103
		S3,703	77,916

3 StaffCOStS
	2022f	2021f
Wages and salaries Social security costs	39»242 2»933	42,816 3»245
	42»175	46,o61