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||||Page||
|---|---|---|---|---|
|Reference and Administrative<br>Details|||||
|Report ofthe Trustees||2|to|4|
|Independent<br>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)<br>Ms PA Evans||
|||JABebb (appointed|16.2.22)|
|||M D Mills (appointed<br>16.2.22)<br>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 <br>NUMBER|COMPANY|01484530(England and Wales)||
|REGISTERED|CHARITY|510108||
|NUMBER||||
|INDEPENDENT|EXAMINER|Morgan<br>Griffiths LLP||
|||Chartered<br>Accountants||
|||Cross Chambers||
|||9 High Stmet||
|||Newtown||
|||Powys||
|||SY162NY||
|SENIOR MANAGEMENT||N Jones||
|||A Ellis||
|||EJVavere (to31/1Oi2021)||





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||||||31.7.22|31.7.21|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|INCONIE AND ENDOWMENTS|FROM|Notes||E||E|
|Charitable<br>activities|||||||
|Training|||378,190||378,190|336,283|
|Investment<br>income<br>Other income|||30<br>5,035||30<br>5,035|8<br>3,360|
|Total|||383,255||383,255|339,651|
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|Training|||322,304|31,326|353,630|326,916|
|NET INCOME/(EXPENDITURE)|||60,951|(31,326)|29,625|12,735|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>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<br>Investments|11<br>12|172,180|181,045|
|||172,180|181,045|
|CURRENT ASSETS||||
|Debtors<br>Cash at bank and in hand|13|52,697<br>194,732|46,506<br>151,055|
|||247,429|197,561|
|CREDITORS||||
|Amounts<br>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<br>falling due after more than one year|15|(16,523)|(19,152)|
|NETASSETS||345,745|316,120|
|FUNDS|18|||
|Unrestricted<br>funds<br>Restricted funds||345,745|284,794<br>31,326|
|TOTAL FUNDS||345,745|316,120|





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





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



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






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|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds<br>f|funds<br>6|funds|
|INCOME AND ENDOWMENTS||FROM||||
|Charitable<br>activities||||||
|Training|||310,333|25,950|336,283|
|Investment<br>income<br>Other income|||8<br>3,360||8<br>3,360|
|Total|||313,701|25,950|339,651|
|EXPENDITURE ON||||||
|Charitable<br>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<br>5|property<br>6|fittings<br>6|
|At 1 August 2021<br>Additions|||180,000|3,000|69,645|
|At 31 July 2022|||180,000|3,000|69,645|
|DEPRECIATION||||||
|At 1August 2021<br>Charge for year|||16,825<br>3,600|1,200<br>300|62,854<br>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|





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|TANGIBLE FIXEDASSETS-continued||||
|---|---|---|---|
||Motor|Computer||
||vehicles<br>f|equipment<br>f|Totals<br>f|
|COST||||
|At 1 August 2021<br>Additions|24,720|97,738<br>120|375,103<br>120|
|At 31 July 2022|24,720|97,858|375,223|
|DEPRECIATION||||
|At 1 August 2021<br>Charge for year|24,691<br>29|88,488<br>2|194,058<br>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|



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





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||||||
|---|---|---|---|---|
|13.|DEBTORS:AMOUNTS<br>FALLING DUE WITHIN ONE YEAR||||
||||31.7.22<br>f|31.7.21|
||Trade debtors||48,388|38,948|
||Other debtors||158||
||Prepayments<br>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<br>f|31.7.21<br>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<br>falling due within one year on demand:||||
||Other loans||2,629|1,998|
||Amounts<br>falling between one and two years:||||
||Other loans - 1-2years||3,494||
||Amounts<br>falling due between<br>two and five years:||||
||Other loans - 2-5 years||7,839|19,152|
||Amounts<br>falling due in more|than five years:|||
||Repayable<br>by instalments:||||
||Other loans more 5yrs instal||5,190||





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|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<br>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<br>WCVA||||(5,37B)<br>(25,950)|(5,376)<br>(25,950)|
|||||(31,326)|(31,326)|
|TOTALFUNDS|||383,255|(353,630)|29,625|





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||||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<br>in funds,<br>incl|uded<br>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|



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