2022-07-31-accounts

			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	4
Independent Examiner's	Report
Statement ofFinancial	ActNities
Balance Sheet		7	to	8
Notes tothe Financial Statements		9	io	18

TRUSTEES		R Benyon
		C R Gilliard
		BN Murray
		Ms CA Smith (resigned 12.8.22) Ms PA Evans
		JABebb (appointed	16.2.22)
		M D Mills (appointed 16.2.22) P LJWebber (appointed 16.2.22)
		Ms H Barrett (appointed 16.2.22) (resigned 31.1.23)
COMPANY SECRETARY		JEngleheart
REGISTERED	OFFICE	Myrtck House
		Hendomen
		Montgomery
		Powys
		SY156EZ
REGISTERED NUMBER	COMPANY	01484530(England and Wales)
REGISTERED	CHARITY	510108
NUMBER
INDEPENDENT	EXAMINER	Morgan Griffiths LLP
		Chartered Accountants
		Cross Chambers
		9 High Stmet
		Newtown
		Powys
		SY162NY
SENIOR MANAGEMENT		N Jones
		A Ellis
		EJVavere (to31/1Oi2021)

					31.7.22	31.7.21
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
INCONIE AND ENDOWMENTS	FROM	Notes		E		E
Charitable activities
Training			378,190		378,190	336,283
Investment income Other income			30 5,035		30 5,035	8 3,360
Total			383,255		383,255	339,651
EXPENDITURE ON
Charitable activities
Training			322,304	31,326	353,630	326,916
NET INCOME/(EXPENDITURE)			60,951	(31,326)	29,625	12,735
RECONCILIATION OF FUNDS
Total funds brought forward			284,794	31,326	316,120	303,385
TOTAL FUNDS CARRIED FORWARD			345,745		345,745	316,'(20

		31.7.22	31.7.21
	Notes
FIXEDASSETS
Tangible assets Investments	11 12	172,180	181,045
		172,180	181,045
CURRENT ASSETS
Debtors Cash at bank and in hand	13	52,697 194,732	46,506 151,055
		247,429	197,561
CREDITORS
Amounts falling due within one year	14	(57,341)	(43,334)
NET CURRENT ASSETS		190,088	154,227
TOTAL ASSETSLESSCURRENT
LIABILITIES		362,268	335,272
CREDITORS
Amounts falling due after more than one year	15	(16,523)	(19,152)
NETASSETS		345,745	316,120
FUNDS	18
Unrestricted funds Restricted funds		345,745	284,794 31,326
TOTAL FUNDS		345,745	316,120

CHARITABLE ACTIVITIES COSTS
	Direct	Support
	Costs (sse	costs (ses
	note 5)	note 6)	Totals
Training	E 300,740	6 52,890	F 353,630
DIRECTCOSTS OF CHARITABLE ACTIVITIES
Staff costs Telephone Stationery &Advertising External Training Costs Seminars &StaffTraining Travelling Expenses Motor Servicing &Repairs Postage Motor Licence &Insurance Subscriptions Management charge		31.7.22 161,481 5,918 3,946 112,652 98 542 4,921 193 1,407 382 9,200	31.7.21 f 166,750 5,080 3,333 86,466 685 37 3,036 161 1,585 640 7,000
		300,740	274,773
SUPPORT COSTS
		Governance
	Management	costs	Totals
Training	47,492	6 5,398	52,890
Support costs, included in the above, are as follows:
		31.7.22	31.7.21
			Total
		Training	activities
Rates and water Insurance Light, heat &deaning Sundries Renewal &Maintenance Expenses Depreciation oftangible and heritage		1,561 3,449 4,838 1,305 26,713	1,713 3,499 4,175 7,626 11,692
assets Interest payable and similar charges Accountancy fees Legal fees Independent examination fees		8,985 641 3,312 766 1,320	13,983 307 5,685 2,143 1,320
		52,890	52,143

STAFF COSTS
	31.7.22	31.7.21
Wages and salaries Social security costs Other pension costs	6 150,061 6,581 4,839	6 152,354 6,795 7,601
	161,481	166,750

The average monthly number ofemployees dur	ing the year was as fofiows:
Direct charitable Administration	31.7.22 9 1	31.7.2'I 9 1
	10	10

COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds f	funds 6	funds
INCOME AND ENDOWMENTS		FROM
Charitable activities
Training			310,333	25,950	336,283
Investment income Other income			8 3,360		8 3,360
Total			313,701	25,950	339,651
EXPENDITURE ON
Charitable activities
Training			289,416	37,500	326,916
NET INCOME/(EXPENDITURE)			24,285	(11,550)	12,735
RECONCILIATION	OF FUNDS
Total funds brought	forward		260,509	42,876	303,385
TOTAL FUNDS CARRIED FORWARD			284,794	31,326	316,120
TANGIBLE FIXED	ASSETS
				Improvements	Fixtures
			Freehold	to	snd
COST			property 5	property 6	fittings 6
At 1 August 2021 Additions			180,000	3,000	69,645
At 31 July 2022			180,000	3,000	69,645
DEPRECIATION
At 1August 2021 Charge for year			16,825 3,600	1,200 300	62,854 5,054
At 31July 2022			20,425	1,500	67,908
NET BOOK VALUE
At 31 July 2022			159,575	1,500	1,737
At 31 July 2021			163,175	1,800	6,791

TANGIBLE FIXEDASSETS-continued
	Motor	Computer
	vehicles f	equipment f	Totals f
COST
At 1 August 2021 Additions	24,720	97,738 120	375,103 120
At 31 July 2022	24,720	97,858	375,223
DEPRECIATION
At 1 August 2021 Charge for year	24,691 29	88,488 2	194,058 8,985
At 31 July 2022	24,720	88,490	203,043
NET BOOK VALUE
At 31 July 2022		9,368	172,180
At 31 July 2021	29	9,250	181,045

g results and financial position are as follows:	p , company limited by	guarantee.
	Period
	1.4.21to	Year ended
	31.7.22 f	31.3.21 f
Income statement
Income Expenditure	202,122 -169200	44,808 ~991
Surplus for the period	~32 22	-183
Balance sheet
Assets Liabilities	121,179 -18579	129,271 -59593
Reserves	102600	69678

13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.7.22 f	31.7.21
	Trade debtors		48,388	38,948
	Other debtors		158
	Prepayments and accrued	income	4,151	7,558
			52,697	46,506
14.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			31.7.22	31.7.21
				f
	Other loans (see note 16)		2,629	1,998
	Trade creditors		9,998	14,281
	Accrued expenses		44,714	27,055
			57,341	43,334
15.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
			31.7.22 f	31.7.21 f
	Other loans (see note 16)		16,523	19,152
16.	LOANS
	An analysis cfthe maturity ofloans is given below:
			31.7.22	31.7.21
	Amounts falling due within one year on demand:
	Other loans		2,629	1,998
	Amounts falling between one and two years:
	Other loans - 1-2years		3,494
	Amounts falling due between two and five years:
	Other loans - 2-5 years		7,839	19,152
	Amounts falling due in more	than five years:
	Repayable by instalments:
	Other loans more 5yrs instal		5,190

ANALYSIS O	F NETASSETS B	ETWEEN FUNDS
				31.7.22	31.7.21
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		E	E		E
Fixed assets		172,180		172,180	181,045
Current assets		247,429		247,429	197,561
Current liabilities		(57,341)		(57,341)	(43,334)
Long term liabilities		(18,523)		(16,523)	(19,152)
		345,745		345,745	316,120
MOVEMENT	IN FUNDS
				Nei
				movement	At
			Ai 1.8.21	in funds	31.7.22
			E	E	F
Unrestricted	funds
General fund			284,794	60,951	345,745
Restricted funds
Big Lottery Fund			5,376	(5,376)
WCVA			25,950	(25,950)
			31,326	(31,326)
TOTAL FUNDS			316,120	29,625	345,745
Net movement	in funds, included	in the above are as follows:
			incoming	Resources	Movernant
			resources	expended	in funds
			E	E
Unrestricted	funds
General fund			383,255	(322,304)	60,951
Restricted funds
Big Lottery Fund WCVA				(5,37B) (25,950)	(5,376) (25,950)
				(31,326)	(31,326)
TOTALFUNDS			383,255	(353,630)	29,625

			Nei
			movement	At
		At 1.8.20	in funds	31.7.21
Unrestricted	funds
General fund		135,159	24,285	159,444
Revaluation	Reserve	125,350		125,350
Restricted funds		260,509	24,285	284,794
Big Lottery Fund		5,376		5,376
WCVA		37,500	(11,550)	25,950
		42,876	(11,550)	31,326
TOTAL FUNDS		303,385	12,735	316,120

Comparative	net movement in funds, incl	uded in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		K	8	8
Unrestricted	funds
General fund		313,701	(289,416)	24,285
Restricted funds
WCVA		25,950	(37,500)	(11,550)
TOTAL FUNDS		339,651	(326,916)	12,735