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2021-12-31-accounts

Trustees Mr AW Shepherd
Lord JJoicey
Charity number (England and Wales} 1005380
Charity number (Scotland) SC038285
Principal address 14 Mortonhall
Road
Edinburgh
EH9 2HW
Independent examiner McFadden Associates Ltd
19Rutland Square
Edinburgh
EH12BB
Bankers Barclays Bank Pic
1 Churchill
Place
London
E145HP
Solicitors Adam Douglas Legal LLP
49/51 Bridge Street
Berwick upon Tweed
Northumberland
TD151ES
investment advisors Brooks Macdonald Asset Management Limited
Hobart House
80 Hanover Street
EDINBURGH
EH2 1EL

Page
Trustees' report 1-2
Independent
examiner's
report
Statement offinancial activities
Balance sheet
Notes to the financial statements

2021 2020
Notes R
Income from:
Investments 31,846 26,129
Ex enditure on:
Raising funds 11,226 10,314
Charitable
activities
15,135 15,801
Total expenditure 26,361 26,115
Net gains/(losses)
on investments
80,862 (1,524)
Net movement in funds 86,347 (1,510)
Reconciliation of Funds
Fund balances at 1 January 2021 1,057,949 1,059,459
Fund balances at 31 December 2021 1,144,296 1,057,949

2021 2020
Notes E
Fixed assets
Investments 10 1,029,391 939,824
Current assets
Debtors 12 65,000 65,000
Cash at bank and in hand 55,259 57,283
120,259 122,283
Creditors: amounts falling due within
one year (5,354) (4,158)
Net current assets 114,905 118,125
Total assets less current liabilities 1,144,296 1,057,949
Income funds
Unrestricted
funds
1,144,296 1,057,949
1,144,296 1,057,949

Unrestricted Unrestricted
funds funds
2021 2020
E
Income from listed investments 31,846 26,129
4 Raising funds
2021 2020
Investment management 11,226 10,314
11,226 10,314
5 Charitable activities
Chilllngham Chillingham
Wild Cattle Wild Cattle
Association Association
2021 2020
F
Chillingham Wild Cattle Association 12,000 12,000
Share of support costs (see note 6) 2,655 3,426
Share ofgovernance costs (see note 6) 480 375
15,135 15,801

Support costs Governance 2021 Support costs 2021 Support costs Governance 2020
costs costs
E
Accountancy fees 2,655 2,655 3,426 3,426
Legal fees 480 480 375 375
2,655 480 3,135 3,426 375 3,801
Analysed between
Charitable activities 2,655 480 3,135 3,426 375 3,801

The a verage m onthly
num
ber ofe mploye es
during the
year was:
2021 2020
Number Number
Total
There were no employees whose annual remuneration was more than F60,000.

2021 2020
Revaluation of investments 5,228 (19,663)
Gain/(loss) on sale ofinvestments ?5,634 18,139
80,862 (1,524)

Listed investments
E
Cost or valuation
At 1 January 2021 939,824
Additions 238,539
Valuation
changes
5,22T
Disposals (154,199)
At 31 December 2021 1,029,391
Carrying
amount
At 31 December 2021 1,029,391
At 31 December 2020 939,824
Listed fix ed asset investments ed asset investments ed asset investments are include d at their market value. T he historic cost isf864,024.
11 Financial instruments 2021 2020
Carrying amount of financial assets
Debt instruments measured at amortised cost 65,000 65,000
Equity instruments measured at fair value 1,029,391 939,824
Carrying amount of financial liabilities
Measured at amoitised cost 5,354 4,158
12 Debtors
2021 2020
Amounts falling due within one year:
Other debtors 65,000 65,000
13 Creditors: amounts falling due within one year
2021 2020
f.
Accruals and deferred income 5,354 4,158

Amounts
owed
by related Amounts
owed
by related
parties parties
2021 2020
Balance Net Balance Net
Chillingham Wild Cattle Association 65,000 65,000 65,000 65,000
65,000 65,000 65,000 65,000