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|Contents|Pages|Pages|
|---|---|---|
|Legalandadministrativeinformation||1|
|Report ofthetrustees|2|—3|
|Statementoftrustees’ responsibilities||4|
|Independentauditors’report|5|— 6|
|Statementoffinancial activities||7|
|Balancesheet||8|
|Notestothefinancialstatements|9<br>— 12||





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|<br>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|





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|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|






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||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|



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|Supportcosts|||
|---|---|---|
||2020|2019|
||£|£|
|financeandadministrationstaffcosts|20,857|21,227|
|Officecosts|21,119|31,565|
|Depreciation|29,489|29,489|
||71,465|82,281|





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|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:<br>£0to £10,000|2 (2*)|3 (3*)|
|£10,001 to £20,000|1|1|
|£20,001 to £30,000<br>Total|1<br>4 (2*)|1<br>5 (3*)|



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|4<br>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|





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|5<br>Totalfunds|||||||
|---|---|---|---|---|---|---|
||1|January|Total|Total||Balance|
|||2020|incoming|resources|31|December|
||||resources|expended||2020|
|||£|£|£||£|
|Unrestricted||193,135|164,470|(146,454)||211,151|



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