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|Annual report for the year en<br>31December 2021|ded|
|---|---|
|Contents|Pages|
|Legal and administrative<br>information||
|Report ofthe trostees|2-3|
|Statement oftrustees' responsibilities||
|Independent<br>auditors' report|5 —7|
|Statement offinancial activities||
|Balance sheet||
|Notes to the financial statements||





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|||Note|2021|2020|
|---|---|---|---|---|
|Income from)<br>Course and Residential Fees|||6,6o9|9)172|
|Shop sales<br>Grants<br>Donations|||341<br>11)000<br>10)986|761<br>14,000<br>17,976|
|Grant from Presbyterian<br>Church ofWales<br>Sundry income|||97)503<br>17)978|91,500<br>31,061|
|Total|||144)417|164,47o|
|Expenditure on:<br>Courses||2|128,712|145,370|
|Costs ofgenerating<br>Shop costs|funds:||500|1,084|
|Total|||129,212|146)454|
|Net income/ (expenditure)|||15)205|18,016|
|ReconciTiation offunds'.|||||
|Total funds brought|forward||211,151|193)135|
|Total funds carried|forward||226,356|211,151|





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|Balance sheet|asat 3xDecem|ber 20|21||
|---|---|---|---|---|
||||2021|2020|
|||Note|||
|Ptxed assets|||||
|Tangible assets|||28,636|55,826|
|~assets|||||
|Stock|||1,838|1,723|
|Debtors and Prepayments|||527|287|
|Short term deposits<br>Cash atbank and in hand|||160,000<br>70,086|130,000<br>45~|
||||232,451|177,581|
|Creditors: amounts falling due witbin one|||||
|year|||||
|Owed toThe Presbyterian|Church ofWales||31&914|22)150|
|Sundxy creditors and accruals|||2,817|xo6|
||||34731|22,256|
|Net current assets|||197&720|155&325|
|Total assets less current liabilities|||226,356|211&151|
|Total funds|||226,356|211,151|






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|<br>31December 202|<br>1||||
|---|---|---|---|---|
|3<br>StafFcosts|||2021|2020|
|||||8|
|Wages and salaries|||44&629|49&401|
|Social security costs|||2&938|2&741|
||||47&567|52&nta|
|There were no employees with emoluments||above E6oooo(2020:nil)|||
||||2021|2020|
||||Number|Number|
|The average number ofemployees|during|the year was as follows.|||



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|<br>costs were met by the Presbyterian<br>totaled Rail (aoao: anil).<br>4<br>Tangible assets|Church ofWale|s and were for tra|vel and subsistence|and|
|---|---|---|---|---|
||||Furniture,||
||Motor<br>vehicles<br>f|Property<br>Improvements|Fittings and<br>Equipment|Total|
|At 1January so 21|12,590|556&640|84,383|653,613|
|At 31.December 2021|12&590|556&640|84&383|653&613|
|Accumulated<br>Depreciaaon|||||
|At 1Januaryao21|12,590|5o2,658|82,539|597&787|
|Charge foryear||26,576|614|27,190|
|At31December 2021|12&590|529&234|83,153|624 977|
|Netbook value<br>at31December noat||~206|1~2|~286 6|
|At31December 2020||53,982|1,844|55,826|





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