OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Page
Members ofthe Board and Professional Advisers
Trustees'
Annual
Report		 3-8
Independent
Examiner's
Report to the		 Members
Group Statement
of Financial
Activities
(incorporating
the Income and Expenditure		 Account) 10
Group and Charity Balance Sheet
Consolidated
Statement
ofCash Flows		 12
Notes to the Financial Statements 13-29

Registered Registered Charity Name Name Southport
Flower		 Show
Charity Number 1000698
Company Registration Number 02103365
Principal Office Southport
Flower		 Show
Victoria Park
Rotten Row
Southport
Merseyside
PR8 2BZ
Trustees Mr M L Steinberg
Mr RAnderson
Mr A Edwards
Mr TJ D Fleming
Mrs A P Pope
Mr R M Ratcliffe
Mrs M Tarpey
Mr T Heywood
Mr AJ Porter (Appointed 3November 2020)
Mr E P Rylands (Appointed 3 November 2020)
Independent Examiner MHA Moore and Smalley
Chartered
Accountants
Richard House
9Winckley Square
Preston
Lancashire
PR1 3HP
Bankers Santander
25-29 Chapel Street
Southport
Merseyside
PR8 1AL
Legal advisers MSB Solicitors
4 St Pauls Square
Liverpool
L39SJ

Total Total
funds funds
Unrestricted Year ended Year ended
funds 31 December 31 December
2021 2020
Income and endowments from: Note E F 6
Donations
and legacies		 2 3,674 3,674 377
Charitable
activities		 3 18,772 18,772 31,803
Other trading
activities		 4 28,419 28,419 2,020
Investments 5 111 111 413
Other 6 176,244 176,244 72,061
Total income and endowments 227,220 227,220 106,674
Expenditure
on:
Raising funds 71,095 71,095 108,329
Charitable
activities
Flower show event 149,355 149,355 231,319
Park maintenance 29,727 29,727 39,112
Governance
costs		 4,608 4,608 6,700
Total expenditure 254,786 254,786 385,459
Net income/(expenditure) 27,566 27,566 278,785
Net movement
in funds		 (27,566) (27,566) (278,785)
Reconciliation
offunds
Total funds brought forward 903,318 903,318 1,182,103
Total funds carried forward 875,752 875,752 903,318

Group Charity
2021 2020 2021 2020
Note E E E E
Fixed assets
Intangible
assets		 12 4,000 4,000
Tangible assets 13 673,412 713,988 653,155 692,083
Investments 14 52 52
673,412 717,988 653,207 696,135
Current assets
Debtors 15 134,474 79,615 180,223 105,681
Cash at bank and in hand 366,459 322,421 204,176 301,700
500,933 402,036 384,399 407,381
Creditors: amounts
year		 falling due within one 16 ~260,280 ~166,706 ~181,003 ~83,533
Net current assets 240,673 235,330 203,396 312,848
Total assets less current liabilities 914,085 953,318 856,603 1,008,983
Creditors: amounts
than one year		 falling due after more 17 ~38,333 ~50,000 ~38,333 ~50,000
Net assets 875,752 903,318 818,270 958,983
Unrestricted funds
General fund 19 202,340 185,330 165,115 262,900
Fixed assets fund 19 254,116 285,960 233,859 238,651
Revaluation
fund		 19 419,296 432,028 419,296 457,432
Restricted funds 20
875,752 903,318 818,270 958,983

2021 2020
Note E E
Cash (utilised)/generated by operating activities 25 59,044 ~190,043
Cash flows from investing activities
Investment
income		 413
Purchase oftangible fixed assets (4,050) (8,192)
Cash (used in)/provided by investing activities ~3,939 ~7,779
(Decrease)/Increase in cash and cash equivalents in the year 55,705 (198,422)
Cash and cash equivalents at the beginning of the 272,421 470,843
year
Total cash and cash
the year		 equivalents at the end of 328,126 272,421
Cash at bank
Bank loan		 366,459
~30,333		 322,421
~50,000
328,126 272,421

Unrestricted Total Total
general funds funds
funds 2021 2020
E E
Show admissions 1,827 1,827 3
Grant income 16,945 16,945 31,800
18,772 18,772 31,803
Unrestricted Total Total
general funds funds
funds 2021 2020
F F F
Trade stands 27,713 27,713
Sundry income 706 706 2,020
28,419 28,419 2,020

Incom e from investments
Unrestricted Tots I Total
general funds funds
funds 2021 2020
E
Bank interest rsceNable 413
111 111 413

Unrestricted Total Total
general funds funds
funds 2021 2020
Coronavirus Job Retention Scheme grants 25,255 25,255 35,314
Hire offacilities 150,989 150,989 36,747
176,244 176,244 72,061

Unrestricted Total Total
general funds funds
funds 2021 2020
F E F
Show infrastructure 235 235 216
Event costs 227 227 1,126
Hire of equipment 476 476 934
Other show costs 1,610 1,610 1,259
Securiiy
Marketing
and promotion		 4,232 4,232 19,770
Employee costs 43,346 43,346 60,258
Office expenses and consultancy 5,464 5,464 7,916
Bad debts written off 505
Depreciation 15,503 15,503 16,281
71,095 71,095 108,329

Unrestricted Total Total
general funds funds
fundsf 2021 2020
K
Flower show event
Competition costs and prizes 1,665
Show infrastructure 501 501 457
Event costs 482 482 2,392
Hire of equipment 1,012 1,012 1,982
Other show costs 3,422 3,422 2,675
Security 140
Marketing
and		 promotion 8,993 8,993 42,008
Employee costs 90,756 90,756 126,164
Office expenses and consultancy 11,555 11,555 19,516
Depreciation 32,636 32,636 34,320
149,355 149,355 231,319
Park maintenance
Repairs and renewals 6,719 6,719 10,240
Vehicle costs 3,639 3,639 1,900
Rates 11,184 11,184 16,365
Utilities 1,040 1,040 196
Insurance 7,145 7,145 10,411
29,727 29,727 39,112
Governance costs
Employee costs 1,354 1,354 1,882
Accountancy fees 2,600 2,600 2,750
Depreciation 486 486 511
Office expenses and consultancy 168 168 1,557
4,608 4,608 6,700
183,691 183,691 277,131

This is stated after charging: after charging: 2021 2020
Depreciation 48,627 51,112
Independent examiner
- Independent examination of the accounts 1,900 1,250
- Other fees 700 1,500
Auditor's/Independent examiner's
fees
2021 2020
6 6
Accountancy 700 1,500
Staff Costs and Emoluments
2021 2020
6
Wages and salaries 124,859 172,280
Social security costs 5,568 12,514
Other pension costs 3,097 3,511
133,524 188,305
Particulars ofemployees:
The average number ofemployees during the year was as follows:
2021 2020
No No
Number of full time staff 2 2
Number of part time staff 4 6

Intangible
Fixed Assets
Website
GROUP costs Total
Cost or valuation f F
At 1 January
2021		 20,000 20,000
Additions
At 31 December 2021 20,000 20,000
Depreciation
At 1 January
2021		 16,000 16,000
Charge
in the year		 4,000 4,000
At 31 December 2021 20,000 20,000
Net book value
At 31 December 2021
At 1 January
2021		 4,000 4,000
Webaits
CHARITY costs Total
Cost or valuation E 6
At 1 January
2021		 20,000 20,000
Additions
At 31 December 2021 20,000 20,000
Depreciation
At 1 January
2021		 16,000 16,000
Charge
in the year		 4,000 4,000
At 31 December 2021 20,000 20,000
Net book value
At 31 December 2021
At 1 January
2021		 4,000 4,000

Tangible
Fixe		 d Assets
Leasehold Plant &
GROUP premises Equipment Total
6 6 6
Cost or valuation
At 1 January 2021 993,345 311,599 1,304,944
Additions 4,050 4,050
Disposals
At 31 December 2021 993,345 315,649 1,308,994
Depreciation
At 1 January 2021 362,312 228,643 590,955
Charge
in the		 year 27,366 17,261 44,627
Disposals
At 31 December 2021 389,678 245,904 635,582
Net book value
At 31 December 2021 603,667 69,745 673,412
At 1 January 2021 631,033 82,956 713,989
Leasehold Plant &
CHARITY premises Equipment Total
6 6
Cost or valuation
At 1 January 2021 993,345 262,479 1,255,824
Additions
Disposals
At 31 December 2021 993,345 262,479 1,255,824
Depreciation
At 1 January 2021 362,312 201,428 563,740
Charge
in the		 year 27,366 11,563 38,929
Disposals
At 31 December 2021 389,678 212,991 602,669
Net book value
At 31 December 2021 603,667 49,488 653,155
At 1 January 2021 631,033 61,051 692,084

Investments
Total Funds Total Funds
2021 2020
Group 5
Other investments
Shares held in subsidiaries
Total Funds Total Funds
2021 2020
Charity E
Other investments
Shares held in subsidiaries 52 52

2021 2020
E E
Turnover 24,263
Cost of sales (12,668) (42,312)
Gross loss 11,595 (42,312)
Administrative expenses (52,897) (67,213)
Other operating income 154,440 36,747
Interest receivable 6 67
Operating
profit		 113,144 (72,711)
Tax on profit
Profit for the financial year 113,144 (72,711)
Retained
earnings		 brought forward (55,664) 143,753
Distributions to parent charity under gift aid (126,706)
Retained
earnings		 carried forward 57,480 55,664

Creditors: Amou nts
falling due within o		 ne year
Group Charity
2021 2020 2021 2020
6 K K
Trade creditors 16,687 4,977 6,606 4,808
Taxation and social security 4,335 854
Deferred
income		 226,364 157,845 162,220 87,546
Other creditors 10,277 149 10,277 149
Accruals 2,597 2,881 1,900 2,030
260,260 166,706 181,003 94,533
Deferred income
2021 2020 2021 2020
6 E F
Deferred income as 1 January 157,845 78,465 67,287 67,287
Released from previous year (78,465) (67,287)
Income deferred in the year 68,519 157,845 94,933 87,546
Deferred income at 31 December 226,364 157,845 162,220 87,546

Fixed asset/ General Total Funds Total Funds
Reval Fund Fund 2021 2020
Group E E F E
Movement
for the period
Balance at start of period 717,988 185,330 903,318 1,182,103
(Deficit)/surplus
for the period		 (44,576) 17,010 (27,566) (278,785)
Transfers
Balance at the end of the period 673,412 202,340 875,752 903,318
Analysis ofassets and liabilities
Fixed assets and investments 673,412 673,412 717,988
Current assets 500,933 500,933 402,036
Current liabilities (260,260) (260,260) (166,706)
Creditors due after more than one year 38,333 38,333 50,000
Balance at end of period 673,412 202,340 875,752 903,318
Fixed asset/ General Total Funds Total Funds
Reval Fund Fund 2021 2020
Charity E E E E
Movement
for the peiod
Balance at start of period 696,083 262,900 958,983 1,038,348
(Deficit)/surplus
for the period		 (42,928) (97,785) (140,713) (79,365)
Transfers
Balance at the end of the period 653,155 165,115 818,270 958,983
Analysis ofassets and liabilities
Fixed assets and investments 653,155 52 653,207 696,135
Current assets 384,399 384,399 407,381
Current liabilities (181,003) (181,003) (94,533)
Creditors due after more than one year (38,333) (38,333) (50,000)
Balance at end of period 653,155 165,115 818,270 958,983

Fixed asset/ General Total Funds Total Funds
Reval Fund Fund 2020 2019
Group f E E
Movement
for the period
Balance at start of period 760,908 421,195 1,182,103 1,165,945
(Deficit)/surplus
for the period		 (42,920) (235,865) (278,785) 16,158
Transfers
Balance at the end of the period 717,988 185,330 903,318 1,182,103
Analysis ofassets and liabilities
Fixed assets and investments 717,988 717,988 760,908
Current assets 402,036 402,036 530,597
Current liabilities (166,706) (166,706) (109,402)
Creditors due after more than one year 50000 50000
Balance at end of period 717,988 185,330 903,318 1,182,103
Fixed asset/ General Total Funds Total Funds
Reval Fund Fund 2020 2019
Charity E E
Movement
for the peiod
Balance at start of period 731,538 306,810 1,038,348 1,050,448
(Deficit)/surplus
for the period		 (35,455) (43,910) (79,365) (12,100)
Transfers
Balance at the end of the period 696,083 262,900 958,983 1,038,348
Analysis ofassets and liabilities
Fixed assets and investments 696,083 52 696,135 731,590
Current assets 407,381 407,381 409,060
Current liabilities (94,533) (94,533) (102,302)
Creditors due after more than one year 50000 50,000
Balance at end of period 696,083 262,900 958,983 1,038,348

Within
the fixed assets fund
is a balance
relating
t
reserve may be summarised
as follows:		 o the revaluation
reserve.
The mov		 ement
on this
2021 2020
Group and Charity F F
Balance at the start ofthe year
Transfer to fixed assets		 432,028
~12732		 444,760
~12672
Balance at end ofthe year 419,296 432,028

Total Total
funds funds
2021 2020
6 6
Net movement in funds (27,570) (91,022)
Depreciation 48,627 51,112
Interest income shown in investing activities (111) (413)
(Increase)/decrease in debtors (54,859) (53,688)
(Decrease)/increase in creditors 93,557 256,761
Net cash generated by operating actigties 59,644 162,750