2023-12-31-accounts

Coleg Trefeca (Registered Charity Number 258456) Annual Report For the year ended 31 December 2023

Coleg Trefeca Ajmual report fi)r the year ended 31 December 2023 io 11- 16

Mtthator, ofWak8(t*irfflliiJuty 2023) dWo]85

Coleg Trefeca l£gal and administrative hrformation Prlncnpal add Sollcitor 4 Capitsl Qthrter PowyUbOPP CFJo4BZ Independent audltors Ty Deny NP2

ColegTrefeca Report of the trustee for tbe year ended 31 December 2023 (FRS m2). prtacbers wor8blpleadern. elder8 attd oJIinexlonal lay 8tafft coltgTrde￿ i¥ also the hlstorlc41 recavwlin 2023 w48 £DM (202£. £77fv&). due to abuTStpipe and defeetive sbowvpump. We are yatefulttj th08e itsdivldua]s who ralliedln thehows and¢kys follm￿ll8 the inddentidthh DX8lli tljatthe damagedvM9 LX)DtsiDed and did suppordD8famllieB8ffert4dbyaddlction. Workwas ¢an4edout to clearthehouseaDdfiatre&dy for fitturerenijvations, aDd ￿e￿WOrk]￿ ￿ltInuedt0prep￿te tbeWalkdGthfor

I(￿tea at the CK>]lege ]w IndUd￿ wAtbin &xedas8d8 at a •Mlue ¢rf £28w (21y2z. £279￿8). Income generation No InD)mew& Teceived w2023 frorn hIj￿Ing[￿SeeSfrDrn (2022: £387.790).A& a the end of2W2.

Coleg Trefeca ststallentsf0reAthflDaDaal)wwhich￿atr0e audfAirthofthe6tatsofoffalTh of the Ch￿ItyaDaOfthe iDCOmillg Tr*)urou and appli¢atioD of T￿ll¥Cel of the ¢barityf0Tthatperi￿. Ok￿yethe llKtbods and pAnaple8 In the C]wIties SORP. aceuracyAt anytlmethefiDaD¢ial positionof thecbwity 01￿ enAble them to ￿lsure that tbe

aterneDts ￿mplY￿￿th th¢(JwldesArt20￿ the thar&ty(kn￿ts and Rep)rts)

Da￿ ￿l￿ber￿A4 Date: ￿0#ober 2024

Coleg Trefeea Independent audltor8' report to the trustees of Coleg . Ove atsve andAitvivKoftheststeoftbe(knity$ affai￿88*31￿DeMth ?o¥&a fDrtheyearthen UJK)) and We

Independent auditors, report to the t￿￿tee$ ofcoleg Webave nothingto•ia rewtofthe WehaYebe£D CA>uttifs Afurther￿AptiO￿offA￿reS￿￿llitlC&l9 a￿l&b￿ OntheFina￿lal ￿rds￿Ad. frooi LLik..'Our-WorkiAudit Audit-and-axsurnnee,'Sta ' .lldanee..'staT￿I8jOq.and..,.,l1d￿Ietr1iir-audIt￿s¢Au.dft0￿-￿%￿, ;)isibllitii%-fi)r- audit,'Dwii)tion-Of:audit￿*rn￿JW￿￿lieS-loL￿asJLL ThN8 dwipbjnfonwpartofo audit0Esre￿tL we Identify 8nd th￿b)fraud orenY)r, aud1tev1de￿ethatL

Coleg Trefee& vath8]awor Act 2006.

Coleg Trefec& ststement of ellwidal aLivldes for the year ended 31 Decemlxr 2023 2022 69 390A65 8knp 8a 810 &ooo 77,672 6.166 160 187 98 19421 48 %￿004 2¥249 Nrtlnoome1(exp￿a1th) (7D9592) (70a92) 964579 37.875 (70•)9) 896 (68,996) 299A54 SX47A4 879•ll8 494378 28os4 T￿￿30

Coleg Trefeea Balan(% 8heet a8 at 31 Deffjnber 2023 i I Note TaDpNea88ets Herit4egS

80

C•8hat baDkondknJ)gry1 6,￿1 3091771 2&924 208&45 3aSOJ5 Taly836 *80￿4 7w.832

Notes to the tlnanclal Statements for the year ended 31 December 2023 Rwjnumded Prth (P￿RP).￿￿rytIDg 8nd by Charitks. i Jowary 2019), pa Ao%-20%p# li

Coleg Trefeca Notes to the fInan￿ statemeykts for the year ended 31 DeceM￿r 2023 Th* mu8ewu is by tbe InJ8tce ¢m & d&y to day by the HoAd of 0￿￿tions ond

Coleg Trefeca Notes to the finand￿ statements for the year ended 31 December 2023

8.955

103A38 29349 28.955 J36,2U 103A38 268.604 293,249 Audlt fpesaTepwd bythe Presbytffiati ChuTehofW41e& 8022 66,783 J.162 24A38 58.781 onthe tharitable actsvity oftbe Colk 2022 39>842 >933 21396 42•175 The nwnb¢t Of￿p70yef￿ d￿Ill$￿eye1YWas. No employee remunmtlonof £￿.0(￿) (2rt2: Nfj). £￿3r￿}. r travela1￿ subsisten￿ and tots1￿ £608 (21Y22: £191).

Coleg Trefeca Not&s to the financial statements for the year ended 31 December 2023 4 Tangible assets Motor Property Fittings an<i Vehides Smprovements F4uipment Total At i January 2023 Disposa]s At 31 December 2023 16,794 84,938 317A67 1,49,199 16,?)4 776,182 317,467 IIOA43 Accumulated Depreciation At i January 2023 Charge foryear E]imI￿tea on dispo Additional chaTge foryear At 31 December 2023 1.679 630.857 38,809 (38,269) 229.964 16,355 862,500 58,523 138,269) 63la97 246,319 892,010 Net bookvglue At 31 De¢eD)ber 2023 At 31 De￿rn￿r 2022 ,1 184,081 87.503 286,699 5 Heritage Assets Heritage assets are included at the insurance valuation. There weTe no additions or dispos&]s in 2023 and the estimated increase in the value of heritage a&8ets of £1,396 (2022: £37,875) has beell credited as an unrealised gain on valuation of HeritsgeAs5eL 2023 2022 At i January 279?118 244243 Unrealised gain forthe year ly396 37.875 At 31 December 280￿ 279,118

Coleg Trefeca Notes to the financial statements for the year ended 31 December 2023 Debtor8 2022 9A43 IT7 4￿620 Totsl 514714 (268,604) 4411322 A8oyS14 4396 790032 1991 (268.604) 1,836 RutrictedfDJKls re]ats totheherkagefundsheldbythecharity. All ernplw4 at the weTeeHWe to t(Th￿rn￿nberfj ofthe Pmbyterian thurch of Wa]e8 employees ￿￿ eligible to Joth the Prterian Chllrth of WAI¢8 defill￿ (Y•nttthitlon ￿h¢)￿¢ working live$ with th¢ Coll8go/Prnbyteri8n thurcb ofWalf& Full d#al]8 of the awnwtloDS and CoLtn￿t￿Nto theschemebytheC4>]1egefortheywam￿￿teakn (2(u" £tsll%Allemploytr

Coleg Trefeea Notes to the financlal 8tatements for the year ended 31 December 2023 The Co]le8E is the kny lrninitig cetttre of the PrubyttriAti Chu￿1 of WAle4 Trbern&& ChaA 81 Oi) the Collrye h¥8A ¢TedItOrith￿ of£￿683 (21Y42: £208&45) at thByw-eDd its rdal (Ill) tbe College bas a dei*orikn of£wA7y[202%" £341623) •tthEY•￿eTh1 r&tion to Ov) No truth (2022. Done) rf the cdkn h8J att fm the P￿SIry¢E￿oo (&vrth ofWaleJ i)f £nil (w42,. Ena) At the yur Tot0] inteNst of £Dll ￿￿2. £DffJ i8