2021-12-31-accounts - The Newbury And District Agricultural Society

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				Page
Reference and administrative		details ofthe Company,	its Trustees and advisers
Trustees' report				2-7
Independent auditor's	report	on the financial statements		8-11
Statement offinancial	activities			12
Balance sheet				13
Statement ofcash flows				14
Notes to the financial	statements			15-31

		Restricted	Unrestricted	Total	Total
		funds	funds	funds	funds
	Note	2021 f	2021 6	2021 E	2020 6
Income from:
Donations and legacies		18,985	55,661	74,646	85,135
Charitable activities			2,951	2,951
Other trading activities			266,106	266,106	130,220
Investments			189	189	811
Total income		18,985	324,907	343,892	216,166
Expenditure on:
Raising funds	7		1,053	1,053	473
Charitable activities	8	39,596	206,651	246,247	410,096
Total expenditure		39,596	207,704	247,300	410,569
Net income I(expenditure)		(20,611)	117,203	96,592	(194,403)
Transfers between funds	16	20,135	(20,135)
Net movement in funds		(476)	97,068	96,592	(194,403)
Reconciliation offunds:
Total funds brought forward		9,301	1,351,351	1,360,652	1,555,055
Net movement in funds		(476)	97,068	96,592	(194,403)
Total funds carried forward		8,825	1,448,419	1,457,244	1,360,652

				2021	2020
				6	F
Cash flows from operating	activities
Net cash used in operating activities				52,386	(119,265)
Cash flows from investing	activities
Dividends, interests and rents from investments				189	811
Purchase oftangible fixed assets				(4,710)	(3,286)
Disposal oftangible fixed assets					3,154
Net cash (used in)/provided	by investing		activities	(4,521 )	679
Cash flows from financing	activities
Repayments ofborrowing				(5,263)	(7,651)
New borrowing					50,000
Net cash (used in)/provided	by financing		activities	(5,263)	42,349
Change in cash and cash	equivalents	in	the year	42,602	(76,237)
Cash and cash equivalents	at the beginning		ofthe year	174,431	250,668
Cash and cash equivalents	at the end	of	the year	217,033	174,431

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
			6	F	5	6
Sponsorship				2,871	2,871
Donations			15,413	3,090	18,503	19,942
Grants				49,700	49,700	43,942
GIR aid			3,572		3,572	155
Annual	subscriptions	and guest badges				21,096
Total 2021			18,985	55,661	74,646	85,135
Total 2020			13,375	71,760	85,135

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
			6	6
Trade stands		300	300	235
Showground	hire	255,202	255,202	118,849
Social functions		1,017	1,017	229
Sundry income		9,587	9,587	10,907
Total 2021		266,106	266,106	130,220
Total 2020		130,220	130,220

	Unrestricted	Total	Total
	funds	funds	funds
	2021 E	2021 5	2020f
Deposit account interest	189	189	811
Total 2020	811	811

	Unrestricted	Total	Total
	funds	funds	funds
	2021	2021	2020
	5	E	E
Social events	1,053	1,053	473
Total 2020	473	473

	Restricted	Unrestricted	Total	Total
	funds	funds	funds	funds
	2021	2021	2021	2020
	6		6	6
Showground	17,963	206,651	224,614	389,913
Education	21,633		21,633	20,183
Total 2021	39,596	206,651	246,247	410,096
Total 2020	20,390	389,706	410,096

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2021 6	2021 6	2021 6	2020f
Showground	35,544	189,070	224,614	389,913
Education	21,633		21,633	20,183
Total 2021	57,177	189,070	246,247	410,096
Total 2020	131,833	278,263	410,096

					Total	Total
					funds	funds
					2021	2020
					6	6
Wages and salaries					50,254	145,698
Depreciation					36,714	33,737
Showground	expenses				26,623	29,382
Management	and admin expenses				53,129	37,247
General support costs					14,350	24,949
Governance	costs				8,000	7,250
					189,070	278,263
Auditor's remuneration
					2021 6	2020f
Fees payable	to the Company's	auditor		for the audit ofthe Company's
annual accounts					6,900	5,550
Fees payable	to the Company's	auditor		in respect of:
All non-audit	services not included		above		1,100	950

Staff c	osts
		2021	2020
		6	F
Wages	and salaries	63,784	181,396
Social	security costs	1,012	8,605
Other	pension costs	2,210	4,263
		67,006	194,264

2021	2020
No.	No.

				Office		Other
	Freehold	Showground		furnishings	Office	fixed
	property 8	buildings 6	Machinery 6	8 equipment 8	premises E	assets 5	Total E
Cost or
valuation
At 1 January 2021	472,882	1,868,715	112,297	73,242	79,178	100	2,606,414
Additions		4,710					4,710
Disposals				(30,295)	-	-	(30,295)
At 31 December
2021	472,882	1,873,425	112,297	42,947	79,178	100	2,580,829
Depreciation
At 1 January 2021		773,184	101,114	69,400	73,320	-	1,017,018
Charge for the year		30,780	2,796	2,578	560	-	36,714
On disposals				(30,295)	-	-	(30,295)
At 31 December
2021		803,964	103,910	41,683	73,880	-	1,023,437
Net book value
At 31 December
2021	472,882	1,069,461	8,387	1,264	5,298	100	1,557,392
At 31 December
2020	472,882	1,095,531	11,183	3,842	5.858	100	1,589,396

		2021	2020
		6	6
Trade debtors		31,145	48,821
Other debtors		63	132
Prepayments	and accrued income	10,092	7,904
		41,300	56,857

Creditors: Am	ount	s	falling d	ue within on	e year
						2021f	2020 6
Bank overdrafts						2,481	2,818
Trade creditors						15,552	6,232
Other taxation	and	social security				4,920	25,666
Other creditors						1,676	19,320
Accruals and deferred			income			18,525	85,743
Bank loans						33333	25,000
						76,487	164,779
						2021	2020
						6	6
Deferred income at 1			January	2021		63,200	96,550
Resources deferred		during the year				11,249
Amounts released		/ refunded		from previous	periods	(63,200)	(33,350)
						11,249	63,200

Credi	tors: Amounts falling due after more t	han one year
		2021	2020
			6
Bank	loans	284,575	298,171

							Balance at
			Balance at 1				31
			January			Transfers	December
			2021f	Income 6	Expenditure 6	in/outf	2021 6
Unrestricted funds
Designated funds
The Society Building			1,063,244		(23,472)		1,039,772
General funds
General funds - a8 funds			288,107	324,907	(184,232)	(20,135)	408,647
Total Unrestricted		funds	1,351,351	324,907	(207,704)	(20,135)	1,448,419
Restricted funds
Capital reserve	fund		2,989			(373)	2,616
Reach fund			5,862		(103)		5,759
Other restricted	fund		450				450
Education fund				1,125	(21,633)	20,508
Strategic fund				17,860	(17,860)
			9,301	18,985	(39,596)	20,135	8,825
Total offunds			1,360,652	343,892	(247,300)		1,457,244

Statement off	unds	- prior ye	ar
							Balance at
			Balance at				31
			1 January			Transfers	December
			2020	Income	Expenditure	in/out	2020
			6		8	6	6
Unrestricted funds
Designated funds
The Society Building			1,086,716		(23,472)		1,063,244
General funds
General funds - all funds			456,345	202,791	(366,707)	(4,322)	288,107
Total Unrestricted		funds	1,543,061	202,791	(390,179)	(4,322)	1,351,351
Restricted funds
Education fund				13,375	(18,070)	4,695
Capital reserve	fund		3,362			(373)	2,989
Reach fund			8,182		(2,320)		5,862
Other restricted	fund		450				450
			11,994	13,375	(20,390)	4,322	9,301
Total offunds			1,555,055	216,166	(410,569)		1,360,652

Summary	offunds - current ye	ar
						Balance at
		Balance at 1				31
		January			Transfers	December
		2021	Income	Expenditure	in/out	2021
		E	6	F	E	F
Designated	funds	1,063,244		(23,472)		1,039,772
General funds		288,107	324,907	(184,232)	(20,135)	408,647
Restricted	funds	9,301	18,985	(39,596)	20,135	8,825
		1,360,652	343,892	(247,300)		1,457,244
Summary	offunds - prior year
						Balance at
		Balance at				31
		1 January			Transfers	December
		2020 5	Income 6	Expenditure F	in/out 5	2020f
Designated	funds	1,086,716		(23,472)		1,063,244
General funds		456,345	202,791	(366,707)	(4,322)	288,107
Restricted	funds	11,994	13,375	(20,390)	4,322	9,301
		1,555,055	216,166	(410,569)		1,360,652

Analysis ofnet assets between funds Analysis ofnet assets between funds - current	year
	Restricted	Unrestricted	Total
	funds	funds	funds
	2021	2021	2021
	5	5	6
Tangible fixed assets	2,616	1,554,776	1,557,392
Fixed asset investments		100	100
Current assets	6,209	254,605	260,814
Creditors due within one year		(76,487)	(76,487)
Creditors due in more than one year		(284,575)	(284,575)
Total	8,825	1,448,419	1,457,244

	Analysis		ofn	et asse	ts	betwe	en	funds	- prior ye	ar
											Restricted	Unrestricted	Total
											funds	funds	funds
											2020	2020	2020
											6	F	6
	Tangible	fixed		assets							2,989	1,586.407	1,589,396
	Fixed asset investments											100	100
	Current assets										6,312	227,794	234,106
	Creditors		due	within	one year							(164,779)	(164,779)
	Creditors		due	in more than one year								(298,171)	(298,171)
	Total										9,301	1,351,351	1,360,652
19.	Reconciliation			ofnet		movement		in funds to net		cash flow	from operating	activities
												2021	2020
												6
	Net income/expenditure					for	the	year	(as per	Statement	of Financial
	Activities)											96,592	(194,403)
	Adjustments			for:
	Depreciation charges											36,714	33,737
	Dividends,		interests		and rents		from investments					(189)	(811)
	Decrease		in debtors									15,558	47,853
	Decrease		in creditors									(96,288)	(5,641)
	Net cash		provided		by/(used		in) operating activities					52,387	(119,265)
20.	Analysis		ofcash and			cash equivalents
												2021	2020
												F	6
	Cash in hand											217,033	174,431
	Total cash and cash					equivalents						217,033	174,431

				At 1		At 31
				January		December
				2021	Cash flows	2021
				5	E	F
Cash	at bank and in hand			177,249	42,265	219,514
Bank	overdraRs	repayable	on demand	(2,818)	337	(2,481)
Debt	due within	1 year		(25,000)	(8,333)	(33,333)
Debt	due after 1 year			(298,171)	13,596	(284,575)
				(148,740)	47,865	(100,875)

non-ca	nc	e8able operating leases as follows:
			2021	2020
			8	5
Within	1	year	3,749	9,707
Bteween		2 - 5years	3,383	19,047
			7,132	28,754