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|Annual report for the year en<br>31December 2022|ded|ded|
|---|---|---|
|Contents|Pages||
|Legal and administrative<br>information|||
|Report ofthe trustees|2|3|
|Statement oftrustees' responsibilities|||
|Independent<br>auditors' report|5|7|
|Statement offinancial activities|||
|Balance sheet|||
|Notes tothe financial statements|||





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||||Note|2022<br>8|2021f|
|---|---|---|---|---|---|
|Income from:||||||
|Course and Residential||Fees||32,458|6,6o9|
|Shop sales<br>Grants||||»715<br>3)000|341<br>11,000|
|Donations||||16,933|1o,986|
|Grant from Presbyterian||Church ofWales||128,768|97503|
|Sundry income||||4,716|17,978|
|Total||||187~590|144&417|
|Expenditure<br>on:||||||
|Courses|||2|170)520|128,712|
|Costs ofgenerating|funds:|||||
|Shop costs||||2&275|500|
|Total||||17»795|129,212|
|Net income||||14&795|15~205|
|Reconciliation offunds:||||||
|Total funds brought|forward|||226,356|211,151|
|Total funds carried|forward|||24»151|226,356|





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|Balance sheet|as at31Decem|ber 20|22||
|---|---|---|---|---|
||||2022|2021|
|||Note|||
|Fixed assets|||||
|Tangible assets|||86&990|28&636|
|Current assets|||||
|Stock|||2,o68|1,838|
|Debtors and Prepayments|||1,067|527|
|Short term deposits|||120,000|160,000|
|Cash atbank and in hand|||82,810|7o,o86|
||||205,945|232,451|
|Creditors: amounts faBing due within one|||||
|year|||||
|Owed toThe Presbyterian|Church ofWales||48,6o7|31&914|
|Sundry creditors and accruals|||3&177|2,817|
||||51,784|34731|
|Net current assets|||154&161|197,720|
|Total assets less current liabilities|||241,151|226&356|
|Total funds|||241,151|226,356|





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|Support costs||||
|---|---|---|---|
|||2022|2021f|
|Finance and administration|staff costs|19,338|19&027|
|Office costs||24&414|19&456|
|Depreciation||28,681|27&190|
|||72,433|65,673|





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|<br>3iDecember <br>3<br>Staffcosts|202|<br>2|<br>|||
|---|---|---|---|---|---|
|||||2022f|2021f|
|Wages and salaries||||45&192|44,629|
|Social security costs||||3&153|2,938|
|||||48,345|47,567|
|There were no employees|with emoluments||above f6o,ooo (2o22 nil)|||
|||||2022|2021|
|||||Number|Number|
|The average number ofemployees||during|the year was asfollows.|||



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|costs were met by the Presbyterian<br>totaled fail (2o21:fnil).<br>Tangible assets|Church ofWale|s and were for tra|vel and subsistence|and|
|---|---|---|---|---|
||||Furniture,||
||Motor<br>vehicles|Property<br>Improvements|Fittings and<br>Equipment|Total|
|Cost|||||
|At 1January 2022|12&590|556,64o|84,383|653,613|
|Additions|||~80|~80|
|At31December 2o22|12,590|556,64o|171418|740,648|
|Accumulated<br>Depreciation|||||
|AttJanuary2022<br>Charge foryear|12,590|529&234<br>26576|83,153<br>2,105|624,977<br>28,681|
|At31December 2022|12&590|555,810|85,258|653,658|
|Net book value<br>at31December 2022||~80|8616o|~86<br>o|
|At31December 2021||27&406|1,230|28,636|





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