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||||||Page||
|---|---|---|---|---|---|---|
|Report ofthe|Trustees|||1|to|5|
|Report ofthe|Independent<br>Auditors|||6|to|7|
|Consolidated|Statement<br>of Flnanclal||Actlvltles||||
|Charity Statement ofFlnanclal<br>Actlvkles|||||||
|Consolidated|Balance Sheet||||10||
|Charity Balance Sheet|||||||
|Consolidated|Cash Flow Statement||||12||
|Notes to the|Cash Flow Statement||||13||
|Notes to the|Flnanclal<br>Statements|||14|to|30|
|Detailed Consolidated<br>Statement||of|Flnanclal|31|to|32|
|Actlvltles|||||||





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## 

|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|funds<br>f|funds<br>5|funds<br>f|funds<br>5|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies|||2|101|130,000|130,101|167,014|
|Charitable<br>activities|||5|||||
|Student fees and related|income|||4,980,422||4,980,422|4,690,260|
|Other trading<br>activities<br>Investment<br>income<br>Other Income|||3<br>4|167,394<br>3,947||187,394<br>3,947<br>88|159,833<br>4,738<br>~21|
|Total||||5,151,932|130,000|5,281,932|5,021,822|
|EXPENDITURE ON||||||||
|Raising funds|||||||9,600|
|Charitable<br>activities|||7|||||
|Establishment<br>expenses||||877,239|10,000|887,239|802,435|
|Educational<br>and General|Expenses|||3,988,789||3,968,789|3,790,473|
|Farm expenses||||11,177||11,177|7,492|
|Trading<br>company<br>costs||||105,181||105,181|103,289|
|Total||||4,962,386|10,000|4,972,386|4,713,269|
|NET INCOME||||189,548|120,000|309,546|308,553|
|Transfers<br>between funds|||~76386||~76386|||
|||||265,932|43,614|309,546|308,553|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought<br>forward||||3,378,023|153,000|3,531,023|3,222,470|
|TOTAL FUNDS CARRIED FORWARD||||3643955|196614|3,840569|3531023|





## 

## 

|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|funds<br>f|funds<br>8|funds<br>8|funds<br>8|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies|||2|101|130,000|130,101|187,014|
|Charitable<br>activities|||5|||||
|Student fees and related|Income|||4,980,422||4,980,422|4,690,280|
|Other trading<br>activities|||3|66,781||66,761|63,019|
|Investment<br>income<br>Other Income|||4|3,947<br>68||3,947<br>68|4,784<br>~21)|
|Total||||5,051,319|130,000|5,181,319|4,925,036|
|EXPENDITURE ON||||||||
|Raising funds|||||||9,600|
|Charitable<br>activities||||||||
|Establishment<br>expenses||||877,239|10,000|887,239|802,435|
|Educational<br>and General|Expenses|||3,965,559||3,965,559|3,790,473|
|Farm expenses||||11,177||11,177|7,492|
|Total||||4,853,975|10,000|4,863,975|4,610,000|
|NET INCOME||||197,344|120,000|317,344|315,036|
|Transfers<br>between<br>funds|||~76386||~75386|||
|||||273,730|43,814|317,344|315,036|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds brought<br>forward||||3,344,630|153,000|3,497,630|3,182,594|
|TOTAL FUNDS CARRIED FORWARD|||~3618360||198614|3814974|3497630|





## 

## 

|||31J|ULY 2020||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||Unrestricted|Restricted|Total|Total|
||||funds|fUnds|funds|funds|
|||Notes<br>8||f|8||
|FIXEDASSETS|||||||
|Tangible assets||13|~2825 581||2 825 581|~2 609584|
||||2,825,581||2,825,581|2,809,584|
|CURRENT ASSETS|||||||
|Stocks||15|10,308||10,308|10,020|
|Debtors||18|316,597||316,597|368,767|
|Cash at bank|||~1603708|198614|1 800 322|1 429803|
||||1,930,613|196,614|2,127,227|1,808,390|
|CREDITORS|||||||
|Amounts<br>falling due within|one year|17|(541,201)||(541,201)|(494,721)|
|NET CURRENT ASSETS|||~1389412|~196814|~1588026|~1313889|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||4,214,993|198,614|4,411,607|4,123,253|
|CREDITORS|||||||
|Amounts<br>falling due after more then one||year 18|(571,038)||(571,038)|(592,230)|
|NET ASSETS|||3643955|~196614|~3840589|~3531023|
|FUNDS||21|||||
|Unrestricted<br>funds<br>Restricted<br>funds|||||3,643,955<br>~196614|3,378,023<br>~153000|
|TOTAL FUNDS|||||~3840,569|~3531023|





## 

|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|funds<br>8|funds<br>f|funds<br>E|fundsf|
|FIXEDASSETS||||||
|Tangible assets|13|2,825,581||2,825,581|2,809,584|
|Investments|14|1||1|1|
|||2,825,582||2,825,582|2,809,585|
|CURRENT ASSETS||||||
|Stocks|15|10,308||10,308|10,020|
|Debtors|16|353,289||353,289|412,019|
|Cash at bank|~1528,867||196814|~1725481|~1351053|
|||1,892,464|198,614|2,089,078|1,773,092|
|CREDITORS||||||
|Amounts<br>falling due within one year|17|(528,848)||(528,648)|(492,817)|
|NET CURRENT ASSETS|~1363816||198614|~1560430|~1280275|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||4,189,398|196,814|4,386,012|4,089,860|
|CREDITORS||||||
|Amounts<br>falling due after more than one|year 18|(571,038)||(571,038)|(592,230)|
|NET ASSETS|~3618360||~196614|~3814974|~3497830|
|FUNDS|21|||||
|Unrestricted<br>funds<br>Restricted funds||||3,618,360<br>~196614|3,344,630<br>~153000|
|TOTAL FUNDS||||3814974|~3497630|





## 

||||Notes|2020<br>f|2019|
|---|---|---|---|---|---|
|Cash flows from operating||activities||||
|Cash generated<br>from operations|||1|498,807|843,050|
|Taxation paid||||||
|Net cash provided<br>by operating<br>activities||||~498 807|~643 050|
|Cash flows from Investing||actlvkles||||
|Purchase<br>of tangible<br>fixed assets<br>Sale oftangible<br>fixed assets||||(108,296)<br>~1400|(80,075)|
|Net cash used<br>in investing|activities|||106896|~80075)|
|Cash flows from financing<br>Loan repayments<br>in year||actlvkles||~21 192|19783|
|Net cash used<br>in fi'nanclng|activities|||~21 192)|~19783)|
|Change<br>ln cash and cash||equivalents||||
|In the reporting<br>period||||370,719|543,212|
|Cash and cash equivalents||at the||||
|beginning<br>ofthe reporting||period||~1429803|886 391|
|Cash and cash equivalents||at the end||||
|ofthe reporting<br>period||||~1800322|~1,429803|





## 

## 

## 

|RECONCILIATION<br><br>ACTIVITIES|OF NET IN|COME TO NET CASH FLOW FROM O|PERATING||
|---|---|---|---|---|
||||2020|2019|
||||f|f|
|Net Income for the|reporting|period (as per the Statement of|||
|Financial Activities)|||309,546|308,553|
|Ad)ustments<br>for:|||||
|Depreciation<br>charges|||90,967|97,788|
|(Profit)/loss<br>on disposal offixed||assets|(68)|21|
|(Increase)/decrease|in stocks||(288)|2,470|
|Decrease<br>in debtors<br>Increase<br>in creditors|||75,000<br>23,650|104,589<br>~129631|
|Net cash provided|by operations||498 807|643 050|



## 

|ANALYSIS OF CHANG|ES<br>IN NET FUNDS||||
|---|---|---|---|---|
|||At 1.8.19<br>f|Cash flow<br>f|At 31.7.20<br>6|
|Net cash|||||
|Cash at bank||~1429603|~349527|~1800322|
|||~1,429 803|~349527|~1,800322|
|Debt|||||
|Debts falling due within<br>1 year<br>Debts falling due after 1 year||(20,000)<br>~592230|~21 192|(20,000)<br>~571038|
|||~612230)|~21 192|~591038|
|Total||~817373|~370719|~1134,443|





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## 




## 

## 

## 

|activities on an al|location basis. An|analysis of support co|sts are as follo|ws:-||
|---|---|---|---|---|---|
|Support Costs|Establishment|Educational<br>&|Farm|Total|Total|
||Expenses|General|Costs|2020<br>f|2019<br>F|
|Information||||||
|Technology|2,178|17,354|27|19,559|50,179|
|Professional||||||
|fees|4,333|34,531|55|38,919|41,121|
|Auditors||||||
|remuneration|1,178|9,391|18|10,585|10,102|
|Bank charges|593|4,729|7|5,330|5,631|
|Office||||||
|expenses|7,187|57,274|91|64,551|31,827|
|&Advertising||||||
|Bank loan||||||
|Interest|2097|16715|26|18839|20tl88|
|TOTAL|17668|138994|222|157762|158,728|




## 

## 



## 

## 

## 

|STAFF COSTS||||||
|---|---|---|---|---|---|
|||Group||Charity||
||2020||2019|2020|2019|
||5||5||5|
|Gross Salaries<br>Social Security Costs|3,382,341<br>227,097||3,163,102<br>235,681|3,301,931<br>220,796|3,081,707<br>229,213|
|Pension|56|911|64735|56 157|54151|
||3 M8|349|3453 519|3 575 534|3 3551111|



|average|monthly<br>number<br>ofem|ployees<br>during the ye|ar was a|s follows;|||
|---|---|---|---|---|---|---|
|||2020|Group|2019|Charity<br>2020|2019|
|Employed|staff|171||165|168|162|



|ellts|(excludi|ng<br>employer|pension<br>costs|)<br>exce|
|---|---|---|---|---|
||Group||Charity||
|2020||2019|2020|2019|



|Highest|paid employees|
|---|---|
|880,001|- 590,000|





## 

## 

## 

|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||||Notes|funds<br>6|funds<br>f|funds<br>5|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations<br>and legacies|||2|1,918|165,096|167,014|
|Charitable<br>activities|||5||||
|Student fees and related|income|||4,690,260||4,690,260|
|Other trading<br>activities<br>Investment<br>income<br>Other income|||3<br>4|159,833<br>4,764<br>~21)||159,833<br>4,764<br>~21|
|Total||||4,856,726|185,096|5,021,822|
|EXPENDITURE ON|||||||
|Raising funds|||6|9,800||9,600|
|Charitable<br>activities|||7||||
|Establishment<br>expenses||||802,435||802,435|
|Educational<br>and General|Expenses|||3,790,473||3,790,473|
|Farm and Garden expenses<br>Trading company<br>costs||||7,492<br>~103269||7,492<br>~103269|
|Total||||4,713,269||4,713,269|
|NET INCOME||||143,457|165,098|308,553|
|Transfers<br>between<br>funds|||21|39,106|(39,106)||
|||||182,563|125,990|308,553|
|RECONCILIATION<br>OF|FUNDS||||||
|Total funds brought<br>forward||||3,195,460|27,010|3,222,470|
|TOTAL FUNDS CARRIED FORWARD||||~3378023|153000|~3531023|





## 

## 

## 

|COMPARATIVES FOR|THE CH|ARITY STATEM|ENT OF FINANCIAL A|CTIVITIES||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds<br>f|funds<br>f|funds<br>5|
|INCOME AND ENDOWMENTS||FROM||||
|Donations<br>snd legacies|||1,918|165,096|167,014|
|Charitable<br>activities||||||
|Student fees end related|income||4,890,280||4,690,260|
|Other trading<br>sc5vllles|||63,019||63,019|
|Investment<br>income<br>Other income|||4,784<br>~21)||4,764<br>~21)|
|Total|||4,759,940|165,098|4,925,036|
|EXPENDITURE ON||||||
|Raising funds|||9,800||9,600|
|Charitable<br>activities||||||
|Establishment<br>expenses|||802,435||802,435|
|Educational<br>and General|Expenses||3,790,473||3,790,473|
|Farm expenses|||7,492||7,492|
|Total|||4,610,000||4,810,000|
|NET INCOME|||149,940|165,096|315,036|
|Transfers<br>between funds|||~39106|~39106||
|Net movement<br>In funds|||189,046|125,990|315,038|
|RECONCILIATION<br>OF FUNDS||||||
|Total funds brought<br>forward|||3,155,584|27,010|3,182,594|
|TOTAL FUNDS CARRIED FORWARD|||~3344630|~153000|~3497630|





## 

## 

## 

## 

## 

|TANGIBLE FIXEDASSETS - CONSOLIDATED||||
|---|---|---|---|
||Freehold|Plant &||
||prop and|machinery,||
||farm|farm||
||buildings|equipment||
||||Totals<br>f|
|COST||||
|At 1 August 2019|4,261,138|1,020,406|5,281,544|
|Additions<br>Disposals|68,016|40,280<br>~115353|108,296<br> ~11535|
|At 31 July 2020|~4329 154|~1049151|~5378305|
|DEPRECIATION||||
|At 1 August 2019|1,534,864|937,096|2,471,960|
|Charge for year<br>Eliminated<br>on disposal|62,267|28,700<br>~10203|90,987<br> ~10203)|
|At 31 July 2020|~1697131|~955593|~2552 724|
|NET BOOK VALUE<br>At 31 July 2020|~2732 023|~93558|~2,825 581|
|At 31 July 2019|~2726 274|~83 310|~2809 584|
|TANGIBLE FIXEDASSETS - CHARITY||||
||Freehold|Plant 8||
||prop and|machinery,||
||farm|farm||
||buildings|equipment||
|||ef|Totals<br>f|
|COST||||
|At 1 August 2019|4,261,138|1,018,806|5,279,944|
|Additions<br>Dlsposals|68,016|40,280<br>~11535|108,296<br>~11535)|
|At 31 July 2020|~4329 154|~1047551|~5376705|
|DEPRECIATION||||
|At 1 August 2019|1,534,864|935,496|2,470,360|
|Charge for year<br>Eliminated<br>on disposal|62,267|28,700<br>~10203|90,967<br>~10203)|
|At 31 July 2020|~1597131|~953993|2 551 124|
|NET BOOK VALUE||||
|At 31 July 2020|~2732 023|93558|~2825 581|
|At 31 July 2019|~2726 274|~83 310|~2809 584|





## 

## 

## 

## 

|FIXEDASSET INVESTMENTS<br>- CHARITY|Shares<br><br>group<br>undertakin<br>f|
|---|---|
|MARKET VALUE||
|At 1 August 2019end 31 July 2020||
|NET BOOK VALUE||
|At 31 July 2020|1|
|At 31 July 2019|1|




## 

## 



## 

## 

||||FOR THE YEAR ENDE|FOR THE YEAR ENDE|FOR THE YEAR ENDE|FOR THE YEAR ENDE|FOR THE YEAR ENDE|D 31JULY 2|D 31JULY 2|020|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|17.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN|||||ONE YEAR|||||
|||||||||Group|||Charity||
|||||||||2020||2019|2020|2019|
||||||||f|||f|||
||Bank loans and overdrefts||||||20,000|||20,000|20,000|20,000|
||Trade creditors||||||125,983||160,712||125,983|180,712|
||Social security|and other taxes|||||54,005|||59,998|62,651|59,522|
||Other creditors||||||181,255||173,370||170,058|171,942|
||Accrued expenses||||||159,958|||80,641|159,958|80,641|
|||||||tt1||2111|494721||9289tt|492817|
|18.|CREDITORS:|AMOUNTS|FALLING DUE AFTER|||||MORE THAN||ONE YEAR-|||
||CONSOLIDATED<br>&CHARITY||||||||||||
||||||||||||2020|2019|
||||||||||||f|f|
||Bank loans (see note 19)||||||||||~571 038|~592 230|
|18.|LOANS||||||||||||
||An analysis<br>ofthe maturity||of|loans is given||below:|||||||
||||||||||||2020|2019|
||||||||||||f|f|
||Amounts<br>falling|due within|one year on demand:||||||||||
||Bank overdraRs|and loans|||||||||~20 000|20 000|
||Amounts<br>falling|due between||two and five|years:||||||||
||Bank loans - 2-5 years||||||||||~112 000|~112000|
||Amounts<br>falling|due in mors than five years:|||||||||||
||Repayable<br>by Instelments:||||||||||||
||Bank loans more 5yr by instal||||||||||459,038|480,230|
|20.|SECURED DEBTS||||||||||||
||The following<br>secured debts are induded||||witriin||creditors:||||||
||||||||||||2020<br>f|2019<br>f|
||Bankloans||||||||||~591 038|~612230|





## 

## 

## 

|MOVEMENT|IN F|UNDS - C|O|NSOLIDA|TED||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.8.19<br>6|in funds<br>f|funds<br>6|31.7.20<br>6|
|Unrestricted|funds||||||||
|General<br>fund|||||940,354|194,114|(199,240)|935,228|
|General<br>fund - Towy Valley|||Care||33,393|(4,568)|(3,230)|25,595|
|Limited|||||||||
|Designated|funds|- Fixed assets|||2,197,351||37,192|2,234,543|
|Designated|fund - Asbestos||work||40,000||(40,000)||
|Designated<br>Designated|fund - Recruitment<br>Fund<br>fund-<br>Learning<br>Hub||||18,925<br>~150000||(16,925)<br>~298589|~448 589|
||||||3,378,023|189,546|76,386|3,643,955|
|Restricted|funds||||||||
|Learning<br>Hub|||||153,000|120,000|(76,386)|196,614|
|TOTAL FUNDS|||||~3531 023|~309546||~3840 569|



|Net mov|ement|In funds,<br>induded<br>in the above are|as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources<br>f|expended|in funds<br>f|
|Unrestricted||funds||||
|General|fund||5,058,089|(4,883,975)|194,114|
|General|fund|- Towy Valley Care Limited|100,813|(105,181)|(4,568)|
|Restricted funds||||||
|Learning|Hub||120,000||120,000|
|Climate|top up grant||10,000|(10,000)||
|TOTAL|FUNDS||~5288 702|~4979 158|~309548|





## 

## 

## 

|MOVEMEN|T<br>IN FUNDS -|CHA|RITY|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.8.19<br>f|In funds<br>f|funds<br>8|31.7.20<br>f|
|Unrestricted|funds|||||||
|General<br>fund||||940,354|197,344|(202,470)|935,228|
|Designated|funds - Fixed assets|||2,197,351||37,192|2,234,543|
|Designated|lbnd - Asbestos|work||40,000||(40,000)||
|Designated<br>Designated|fund - Recruitment<br>fund - Learning<br>Hub||Fund|16,925<br>~150000||(16,925)<br>~298 589|~448 589|
|||||3,344,630|197,344|76,386|3,618,380|
|Restricted|funds|||||||
|Learning<br>Hub||||153,000|120,000|(76,388)|196,614|
|TOTAL FUNDS||||~3497830|317344||~3814974|



## 

|Net mov|ement<br>in funds,<br>Included<br>In the|above ars ss follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources<br>f|expended<br>f|in funds<br>5|
|Unrestricted<br>funds|||||
|General|fund|5,051,319|(4,853,975)|197,344|
|Restricted funds|||||
|Learning|Hub|120,000||120,000|
|Climate|Top up grant|10,000|(10,000)||
|TOTAL|FUNDS|~5181319|~4863 975)|~317344|





## 

## 

## 

## 

||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.8.18<br>f|In funds<br>f|funds<br>f|31.7.19<br>f|
|Unrestricted|funds|||||||
|General<br>fund||||829,203|151,452|(40,301)|940,354|
|General<br>fund —Towy Valley||Care||39,876|(6,483)||33,393|
|Limited||||||||
|Designated|funds - Fixed assets|||2,167,944||29,407|2,197,351|
|Designated|fund - Asbestos|work||40,000|||40,000|
|Designated|fund- Sports &|Music||1,512|(1,512)|||
|Designated|fund - Recruitment||Fund|16,925|||18,925|
|Designated|fund - Learning|Hub||||150,000|150,000|
|Designated|fund - Supported||Living|||||
|House||||100000||~100000)||
|||||3,195,460|143,457|39,106|3,378,023|
|Restricted funds||||||||
|Bren Yard Cafe<br>Big Lottery Fund Grant||||27,010|3,000<br>6,096|(3,000)<br>(33,106)||
|Gymnausium<br>Learning<br>Hub|||||3,000<br>153000|(3,000)|~153000|
|||||27010|165096|~39106)|~153000|
|TOTAL FUNDS||||~3222 470|~308553||~3531023|



|Comparative<br>net movement<br>in funds,<br>Included<br>in|the above sre ss follow|s:||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources<br>f|expended<br>f|In funds<br>f|
|Unrestricted<br>funds||||
|General<br>fund|4,759,940|(4,808,488)|151,452|
|General<br>fund —Towy Valley Care Limited<br>Designated<br>fund - Sports & Music|104,560|(111,043)<br>~1512|(8,483)<br> ~1512)|
||4,864,500|(4,713,269)|143,457|
|Restricted funds||||
|Bran Yard Cafe|3,000||3,000|
|Big Lottery Fund Grant|8,096||6,096|
|Gymnsusium<br>Learning<br>Hub|3,000<br>~153000||3,000<br>~153000|
||165096||~165096|
|TOTAL FUNDS|~5021 822|(4,713,269)|~308553|





## 

## 

## 

## 

||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.8.18<br>f|in funds<br>f|funds|31.7.19<br>8|
|Unrestricted|funds|||||||
|General<br>fund||||829,203|151,452|(40,301)|940,354|
|Designated|funds - Fixed assets|||2,187,944||29,407|2,197,351|
|Designated|fund - Asbestos|work||40,000|||40,000|
|Designated|fund - Sports &|Music||1,512|(1,512)|||
|Designated|fund - Recruitment||Fund|16,925|||16,925|
|Designated|fund - Learning|Hub||||150,000|150,000|
|Designated|lund - Supported||Living|||||
|House||||100000||100000||
|||||3,155,584|149,940|39,108|3,344,630|
|Restricted funds||||||||
|Bren Yard Cafe|||||3,000|(3,000)||
|Big Lottery Fund Grant||||27,010|6,096|(33,108)||
|Gymnauslum<br>Learning<br>Hub|||||3,000<br>~153000|(3,000)|~153000|
|||||~27010|~165096|~39 106|~153000|
|TOTAL FUNDS||||3182594|315036|-|3497 630|



|Comparative<br>net movement<br>In funds,<br>included|in the above are as follow|s:||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources<br>f|expended<br>8|In funds<br>5|
|Unrestricted<br>funds||||
|General<br>fund<br>Designated<br>fUnd - Sports & Music|4,759,940|(4,808,488)<br>~1512|151,452<br> ~1512)|
|Restdcted funds|4,759,940|(4,610,000)|149,940|
|Bran Yard Cafe|3,000||3,000|
|Big Lottery Fund Grant|8,098||8,098|
|Gymnaueium<br>Learning<br>Hub|3,000<br>153000||3,000<br>~153000|
||~165096||~165096|
|TOTAL FUNDS|~4925 036|(4,610,000)|~315036|





## 

## 

## 

## 

## 

||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movemsnt|between|At|
|||||At 1.8.18<br>f|in funds<br>8|funds<br>8|31.7.20<br>f|
|Unrestricted|funds|||||||
|General<br>fund||||829,203|345,566|(239,641)|935,228|
|General<br>fund —Towy Valley||Cars||39,876|(11,051)|(3,230)|25,595|
|Limited||||||||
|Designated|funds - Fixed assets|||2,167,944||68,599|2,234,543|
|Designated|fund - Asbestos|work||40,000||(40,000)||
|Designated|fund - Sports &|Music||1,512|(1,612)|||
|Designated|fund - Recruitment||Fund|16,925||(16,925)||
|Designated|fund - Learning|Hub||||448,589|448,689|
|Designated|fund - Supported||Living|||||
|House||||100000||100000||
|||||3,195,460|333,003|115,496|3,643,955|
|Restricted funds||||||||
|Bran Yard Cafe|||||3,000|(3,000)||
|Big Lottery Fund Grant||||27,010|6,096|(33,108)||
|Gymnausium<br>Learning<br>Hub|||||3,000<br>273 000|(3,000)<br>~76386)|~198614|
|||||27010|285098|~115492|198614|
|TOTAL FUNDS||||3222470|618099||~3840669|



|A current year 12 months<br>and prior year 12 mont<br>above are as follows:|hs<br>combined<br>net move|ment<br>in funds,|Included<br>in th|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources<br>f|expended<br>6|In funds<br>6|
|Unrestricted<br>funds||||
|General<br>fund|9,800,255|(9,454,889)|345,566|
|General<br>fund —Towy Valley Care Limited<br>Designated<br>fund - Sports & Music|205,173|(216,224)<br>~1512)|(11,051)<br>~1512)|
||10,005,428|(9,672,425)|333,003|
|Restricted funds||||
|Bran Yard Cafe|3,000||3,000|
|Big Lottery Fund Grant|6,096||8,098|
|Gymnausium|3,000||3,000|
|Learning<br>Hub<br>Climate Top up grant|273,000<br>10000|~10000)|273,000|
||~295 096|~10000)|285 096|
|TOTAL FUNDS|10300524|~9682425)|818099|





## 

## 

## 

## 

## 

||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.8.18<br>f|In funds<br>f|funds|31.7.20<br>f|
|Unrestricted|funds|||||||
|General<br>fund||||829,203|348,796|(262,771)|915,228|
|Designated|funds - Fixed assets|||2,167,944||86,599|2,264,543|
|Designated|fund - Asbestos|work||40,000||(40,000)||
|Designated|lund - Sports &|Music||1,512|(1,512)|||
|Designated|fund - Recruitment||Fund|18,925||(16,925)||
|Designated|fund - Learning|Hub||||448,589|448,589|
|Designated<br>House|fund - Supported||Living|~100000||~100000)||
|Restricted funds||||3,155,584|347,284|116,492|3,818,360|
|Bran Yard Cafe|||||3,000|(3,000)||
|Big Lottery Fund Grant||||27,010|6,096|(33,106)||
|Gymnausium<br>Learning<br>Hub|||||3,000<br>273 000|(3,000)<br>~6386|196614|
|||||~27 010|~285 096|~115492)|~196614|
|TOTAL FUNDS||||3182594|632380||~3814974|



|A current year 12 months<br>and prior year 12 m<br>above are as follows:|onths<br>combined<br>net move|ment<br>in funds,|Included<br>in th|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources<br>f|expended<br>f|in funds<br>f|
|Unrestricted<br>funds||||
|General<br>fund<br>Designated<br>fund - Sports & Music|9,811,259|(9,462,463)<br>~1512)|348,796<br> ~15t2)|
||9,821,259|(9,473,975)|347,284|
|Restricted funds||||
|Bran Yard Cafe|3,000||3,000|
|Big Lottery Fund Grant|8,096||6,096|
|Gymnausium|3,000||3,000|
|Learning<br>Hub<br>Climate Top up grant|273,000<br>~10000|~10000)|273,000|
||~295096|~10000|~285 098|
|TOTAL FUNDS|117153355|~94T3 975|3323317|





## 

## 

## 

## 

## 

## 

## 

## 




## 

|||||ELIDYR COMMUNITIES<br>TRUST LTD|||
|---|---|---|---|---|---|---|
|CONSOLIDATED||||DETAILED STATEMENT OF FINANCIAL|ACTIVITIES||
|||||FOR THE YEAR ENDED 31JULY 2020|||
||||||2020|2019|
||||||6|6|
|INCOME AND ENDOWMENTS|||||||
|Donations<br>and legacies|||||||
|Grants and donations|||||130,101|167,014|
|Other trading<br>activities|||||||
|Farm income|||||3,558|4,783|
|Other income|||||28,282|27,961|
|Property<br>rental income|||||13,444|10,592|
|Agricultural<br>grants<br>Supportfees|||||21,497<br>~100613|19,683<br>~104560|
||||||167 394|159)833|
|Investment<br>Income|||||||
|Deposit Account Interest|||||3,947|4,736|
|Charitable<br>activities|||||||
|Student fees and related||Income|||4,980,422|4,890,260|
|Other Income<br>(Loss)/Gain<br>on sale of|tangible||fixed assets||88|~21|
|Total Incoming<br>resources|||||6,281,932|5,021,822|
|EXPENDITURE|||||||
|Raising donations<br>and||legacies|||||
|Fundraising<br>costs||||||9,600|
|Charitable<br>activities|||||||
|Wages|||||3,688,349|3,453,619|
|Volunteer costs|||||38,751|37,301|
|Telephone<br>and fax|||||18,049|17,848|
|Hire of equipment|||||8,693|8,812|
|Educational<br>resources|and materials||||40,253|28,553|
|Training courses and conferences|||||17,902|39,309|
|Travel and coach hire|||||15,809|24,393|
|Subscriptions|||||2,383|2,756|
|Motor expenses|||||98,742|108,954|
|Speech and language|therapist||||22,002|20,790|
|Medical|||||1,223|898|
|Staff recruitment|||||28,854|27,473|
|Rates and water|||||20,399|25,579|
|Insurance|||||47,249|45,599|
|Light and heat|||||116,276|141,192|
|Food snd household|||||226,585|204,291|
|Waste removal|||||19,011|18,271|
|Building<br>& site|||||259,530|163,855|
|Equipment<br>fixtures<br>& fittings|||||59,619|55,189|
|Depredation<br>oftangible||fixed assets|||90,968|97,786|





## 

||||ELIDYR COMMUNITIES TRUST LTD|||
|---|---|---|---|---|---|
||||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
||||FOR THE YEAR ENDED 31JULY 2020|||
|||||2020|2019|
|||||6|F|
|Charitable<br>activities||||||
|Psychology<br>costs<br>Farm expenses||||6,780<br>~11177|15,000<br>~7433|
|||||4,814,804|4,544,803|
|Support costs||||||
|Supportcosts||||||
|Auditors'<br>remuneration||||10,584|10,102|
|Computer costs||||19,569|50,179|
|Legal and professional|||fees|38,919|41,121|
|Bank charges||||5,330|6,831|
|Office expenses<br>Loan interest||& advertising||64,551<br>~18839|31,786<br>20 068|
|||||~157782|~158886|
|Totalresources|expended|||~4972 388|~4713269|
|Net Income||||~309546|~308653|