| Contents | Pages | Pages |
|---|---|---|
| Legalandadministrativeinformation | 1 | |
| Report ofthetrustees | 2 | —3 |
| Statementoftrustees’ responsibilities | 4 | |
| Independentauditors’report | 5 | — 6 |
| Statementoffinancial activities | 7 | |
| Balancesheet | 8 | |
| Notestothefinancialstatements | 9 — 12 |
31December 2020 |
|||
|---|---|---|---|
| Note | 2020 | 2019 | |
| £ | £ | ||
| Incomefrom: | |||
| CourseandResidentialFees | 9,172 | 56,424 | |
| Shop sales | 761 | 2,347 | |
| Grants | 14,000 | 4,000 | |
| Donations | 17,976 | 16,138 | |
| Grantfrom Presbyterian Church ofWales | 91,500 | 98,048 | |
| Sundiy income | 31,061 | 3,124 | |
| Total | 164,470 | i8o,o8i | |
| Expenditure on: | |||
| Courses | 2 | 145,370 | 210,598 |
| Costs ofgenerating funds: | |||
| Shopcosts | 1,084 | 3,750 | |
| Total | 146,454 | 214,348 | |
| Netincome/ (expenditure) | i8,or6 | (34,267) | |
| Reconciliationoffunds: | |||
| Totalfundsbroughtforward | r93,135 | 227,402 | |
| Totalfunds carriedforward | 5 | 211,151 | 193,135 |
| Balancesheetasat 31Dece | mber 20 | 20 | |
|---|---|---|---|
| 2020 | 2019 | ||
| Note | £ | £ | |
| Fixedassets | |||
| Tangibleassets | 4 | 55,826 | 85,315 |
| Currentassets | |||
| Stock | 1,723 | 1,978 | |
| Debtors and Prepayments | 287 | 1,740 | |
| Shorttermdeposits | 130,000 | 130,000 | |
| Cashatbankand inhand | 45,571 | 23,556 | |
| 177,581 | 157,274 | ||
| Creditors: amountsfallingduewithinone | |||
| year | |||
| OwedtoThePresbyterianChurch ofWales | 22,150 | 48,508 | |
| Sundrycreditors andaccruals | io6 | 946 | |
| 22,256 | 49,454 | ||
| Netcurrentassets | 155,325 | 107,820 | |
| Totalassetslesscurrentliabilities | 211,151 | 193,135 | |
| Totalfunds | 5 | 211,151 | 193,135 |
| Course | Residential | Support | Other | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| staffcosts | expenses | costs | Costs | |||
| £ | £ | £ | £ | £ | £ | |
| Courses | 31,285 | 11,386 | 71,465 | 31,234 | 145,370 | 210,598 |
| Shopcosts | - | - | - | 1,084 | 1,084 | 3,750 |
| Total | 31,285 | 11,386 | 71,465 | 32,318 | 146,454 | 214,348 |
| Supportcosts | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| financeandadministrationstaffcosts | 20,857 | 21,227 |
| Officecosts | 21,119 | 31,565 |
| Depreciation | 29,489 | 29,489 |
| 71,465 | 82,281 |
| 31 | December 2020 | ||
|---|---|---|---|
| 3 | Staffcosts | ||
| 2020 | 2019 | ||
| £ | £ | ||
| Wages | andsalaries | 49,401 | 50,384 |
| Social | securitycosts | 2,741 | 2,684 |
| 52,142 | 53,068 |
| Therewere no employees withemoluments above£6o,ooo (2019: nil | ) | |
|---|---|---|
| 2020 | 2019 | |
| Number | Number | |
| Theaverage numberofemployees during theyearwas asfollows. | 4 | 5 |
| The numberofemployeeswho receivedemoluments inthe | ||
| following rangeswas: £0to £10,000 |
2 (2*) | 3 (3*) |
| £10,001 to £20,000 | 1 | 1 |
| £20,001 to £30,000 Total |
1 4 (2*) |
1 5 (3*) |
| 4 Tangible assets |
||||
|---|---|---|---|---|
| furniture, | ||||
| Motor | Property | fittings and | ||
| vehicles | Improvements | Equipment | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
| At 1January 2020 | 12,590 | 556,640 | 84,383 | 653,613 |
| At 31December2020 | 12,590 | 556,640 | 84,383 | 653,613 |
| AccumulatedDepreciation | ||||
| At 1January 2020 | 12,590 | 474,826 | 80,882 | 568,298 |
| - | 27,832 | 1,657 | 29,489 | |
| Charge foryear | ||||
| At 31December2020 | 12,590 | 502,658 | 82,539 | 597,787 |
| NetbookvajIe | 5,Q82 | 1,844 | 55,826 | |
| At 31 December 2019 | 81,814 | 3,501 | 85,315 |
| 5 Totalfunds |
||||||
|---|---|---|---|---|---|---|
| 1 | January | Total | Total | Balance | ||
| 2020 | incoming | resources | 31 | December | ||
| resources | expended | 2020 | ||||
| £ | £ | £ | £ | |||
| Unrestricted | 193,135 | 164,470 | (146,454) | 211,151 |