REGISTERED COMPANY NUMBER: 1466040 (England and Wales) REGISTERED CHARITY NUMBER: 1026687 

## Report of the Trustees and 

Unaudited Financial Statements for the Year Ended 30 September 2021 

for 

Jacob Sheep Society Limited(The) 

Douglas Home & Co Ltd Chartered Accountants 47-49 The Square Kelso Roxburghshire TDS THW 



Jacob Sheep Society Limited(The) 

. 

## Contents of the Financial Statements for the Year Ended 30 September 2021 


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||||||||
|---|---|---|---|---|---|---|
|Page|
|Report|of the Trustees|1|to|2|
|Independent Examiner's Report|3|
|Statement|of Financial|Activities|4|
|Balance|Sheet|5|to|6|
|Notes|to|the Financial|Statements|7|to|13|
|Detailed|Statement of|Financial|Activities|14|to|15|

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Jacob Sheep Society Limited(The) 

## Report of the Trustees for the Year Ended 30 September 2021 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Treland (FRS 102) (effective 1 January 2019). 

The trustees are referred to as members and comprise the Council, which is the ruling body of the Society. 

## OBJECTIVES AND ACTIVITIES 

## Objectives and aims 

The Society is a registered charity and continues to advance and promote agriculture by encouraging the breeding of Jacob Sheep and improving the Jacob Sheep Breed. Membership has increased by 22 members (107 new members joined and 89 left and 4 re-joined. and the Society had a total of 904 members at the year-end of whom 861 were Ordinary Members. In addition to the Ordinary Members the society also has 42 Life Members (sadly a decrease of 2 Mrs BV Benthall and Mrs EA Griffiths) and 1 Honorary Member (sadly a decrease of 1 Mrs J Earl). 

## ACHIEVEMENT AND PERFORMANCE 

## Charitable activities 

The result for the year to 30 September 2021 was an excess of income over expenses of £14,946 compared to £7,438 in the previous year before gains or losses on investments. Expenditure was 75% (2020 86%) of income. The balance of total funds carried forward at 30 September 2021 amounted to £313,072 which was split £304.574 General Funds and £8,498 Restricted Funds. 

## FINANCIAL REVIEW 

## Reserves policy 

The Trustees’ Reserves Policy is to maintain unrestricted free reserves sufficient to finance setting up a separate office for the Society, to fund such projects as Council shall decide, and to cover the administration of the Society fora year in the event of a collapse in the membership base, Our reserves meet this requirement. 

## FOTURE PLANS 

No significant future develonments are envisaged. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

## Governing document 

The charity is constituted as a private company limited by guarantee incorporated 10 December 1979, and is governed by the memorandum and articles of association (the latest adopted version being 25 April 2015). 

The Society is a non-profit making organisation, limited by guarantee and having no share capital. In the event of the Society being wound up, each member's liability is restricted to an amount not exceeding £1. 

## REFERENCE AND ADMINISTRATIVE DETAILS 

Registered Company number 1466040 (England and Wales) 

## Registered Charity number 

1026687 

Registered office c/o Mrs P Black Swynford Cottage Gowthorpe York YO41 SQN 

Page 1 



Jacob Sheep Society Limited(The) 

Report of the Trustees for the Year Ended 30 September 2021 Trustees Officers President MrsJN Simmons (appointed 24/04/21) Chairman Mr J L Emberton (appointed 24/04/21) Vice Chairman Mrs J East (appointed 24/04/21) Treasurer Mrs P A Black Field Officer Mr C Richardson (Acting Field Officer) Ordinary Members Regional Council Member for Central Region Mrs K Carpenter (appointed 24/04/21) Regional Council Member for Eastern Region Mr C Coe Regional Council Member for Ireland Region Mr P Colhoun Regional Council Member for Northern Region Ms C Bentham (appointed 24/04/21) Regional Council Member for Scotland Region Mrs M J Harper Regional Council Member for Southern Region Mrs B Gould Regional Council Member for South West Region Ms L V Hutchins Regional Council Member for Wales Region Mrs C Lewis 

During the year Mr R King’s term of office as President came to an end on 24/04/21. Mr G Connor, Field Officer passed away in 2021. Mr Richardson had continued to act as Field Officer through part of Mr Connor's illness and subsequently after his sad death. 

Mr L H Trumper, Mrs L Thompson and Mr G Wood resigned 24/04/21. 

Company Secretary 

Mrs P A Black 

Independent Examimer Alan Drummond CA FMAAT Douglas Home & Co Ltd Chartered Accountants 47-49 The Square Kelso Roxburghshire TDS 7HW 

## MEMBERS 

At 30 September 2021 there were 904 fully paid up Members of the Society. Ordinary Members numbered 861; in addition there were 42 Life Members and 1 Honorary Members. 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

Approved by order ofthe board oftrustees on din estes... LDA md signed on its behalf by: 


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aren Ae<br>Mrs P A Black - Secretary<br>**----- End of picture text -----**<br>


Page 2 



## Independent Examiner's Report to the Trustees of Jacob Sheep Society Limited(The) 

Independent examiner's report to the trustees ofJacob Sheep Society Limited(The) (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2021. 

## Responsibilities and basis of report 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011] (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## Independent examiner's statement 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act: or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Alan Drummond CA FMAAT 

Douglas Home & Co Ltd Chartered Accountants 47-49 The Square Kelso Roxburghshire TDS 7THW 

Date: is be Masd, te 

Page 3 



Jacob Sheep Society Limited(The) 

## Statement of Financial Activities 

## for the Year Ended 30 September 2021 


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||||||||
|---|---|---|---|---|---|---|
|30/9/21|30/9/20|
|Unrestricted|Restricted|Total|Total|
|Notes|funds£|funds£|funds£|funds£|
|INCOME AND ENDOWMENTS FROM|
|Donations and legacies|-|-|-|81|
|Charitable|activities|4|
|Subscription & membership|23,928|-|23,928|24,367|
|Registration|25,932|-|25,932|19,562|
|Other trading activities|2|3,207|-|3,207|3,445|
|Investment income|3|6,616|-|6,616|4,557|
|Total|59,683|-|59,683|$2,012|
|EXPENDITURE|ON|
|Raising funds|5|2,822|-|2,822|3,998|
|Charitable|activities|6|
|Breed promotion &|improvement|41,893|22|41,915|40,576|
|Totat|44,715|22|44,737|44,574|
|Net gains/(losses)|on|investments|29,356|-|29,356|(3,161)|
|NET INCOME/(EXPENDITURE)|44,324|(22)|44,302|4,277|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|260,250|8,520|268,770|264,493|
|TOTAL FUNDS CARRIED FORWARD|304,574|8,498|313,072|268,770|

**----- End of picture text -----**<br>


## CONTINUING OPERATIONS 

All income and expenditure has arisen from continuing activities. 

> The notes form part of these financial statements 

Page 4 



Jacob Sheep Society Limited(The) 

Balance Sheet 

## 30 September 2021 


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|||||
|---|---|---|---|
|30/9/21|30/9/20|
|Notes|£|£|
|FIXED|ASSETS|
|Tangible assets|11|-|118|
|Investments|12|201,088|131,733|
|201,088|131,851|
|CURRENT ASSETS|
|Stocks|13|7,688|7,834|
|Debtors|14|1,250|1,066|
|Cash|at bank|107,276|131,294|
|116,214|140,194|
|CREDITORS|
|Amounts falling due within one year|15|(4,230)|(3,275)|
|NET CURRENT ASSETS|111,984|136,919|
|TOTAL ASSETS|LESS CURRENT|
|LIABILITIES|313,072|268,770|
|NET ASSETS|313,072|268,770|
|FUNDS|17|
|Unrestricted|funds:|
|General fund|304,574|260,250|
|Restricted|funds:|
|Prize Fund|250|250|
|Pat Bromley Memorial Fund|8,248|8,270|
|8,498|8,520|
|TOTAL FUNDS|313,072|268,770|

**----- End of picture text -----**<br>


The charitable company is entitled to exemption from audit under Section 477 ofthe Companies Act 2006 for the year ended 30 September 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- {b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as appiicable to the charitabie company. 

The notes form part of these financial statements 

Page 5 

continued... 



Jacob Sheep Society Limited(The) 

## Balance Sheet - continued 30 September 2021 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on wed. Mews... RQ... and were signed on its behalf by: 

he ZF aes he an see MUTT eee TTT TTTT he Lt Emberton ~ Trustee 

The notes form part of these financial statements 

Page 6 



Jacob Sheep Society Limited(The) 

## Notes to the Financial Statements for the Year Ended 30 September 2021 

## L ACCOUNTING POLICIES 

## Basis of preparing the financial statements 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. 

## Income 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## Expenditure 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate ali cost reiated to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## Tangible fixed assets 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

## Computer equipment 

~ 33% on cost 

## Stocks 

Stock of merchandise. Stocks are valued at the lower of cost and estimated net realisable value. 

## Taxation 

The charity is exempt from corporation tax on its charitable activities. 

## Fund accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Designated funds are unrestricted funds which the members have set aside to be utilised against a specific purpose. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

## Breed promotion 

Breed promotion costs represent only the direct costs of promoting and encouraging the breeding of Jacob Sheep. The associated indirect costs are included within Breed Improvement Costs and Support Costs. 

Page 7 

continued... 



Jacob Sheep Society Limited(The) 

## Notes to the Financial Statements - continued 

## for the Year Ended 30 September 2021 

|2.|OTHERTRADINGACTIVITIES|OTHERTRADINGACTIVITIES|||||
|---|---|---|---|---|---|---|
||||||30/9/21|30/9/20|
||||||£|£|
||Journal advertising income||||120|265|
||Regional activityincome||||850|440|
||SaleofMerchandiseincome||||1,863|2,212|
||Flockassessment||||374|528|
||||||3,207|3,445|
|3.|INVESTMENTINCOME||||||
||||||30/9/21|30/9/20|
||||||£|£|
||Depositaccount interest||||5|458|
||Dividendincome||||2,754|1,403|
||Dividends onLifeMembersFund||||3,857|2,696|
||||||6,616|4,557|
|4,|INCOMEFROMCHARITABLEACTIVITIES||ACTIVITIES||||
||||||30/9/21|30/9/20|
||||Subscription||Total|Total|
||||&membership|Registration|activities|activities|
||||£|£|£|£|
||Subscriptions&joining fees||21,734|-|21,734|22,007|
||GiftAidreceipts||2,194|-|2,194|2,360|
||Registrationfees||-|25,552|25,552|19,232|
||FlockBook sales etc||-|380|380|330|
||||23,928|25,932|49,860|43,929|
|5.|RAISINGFUNDS||||||
||Othertrading activities||||||
||||||30/9/21|30/9/20|
||||||£|£|
||Opening stock||||7,834|7,757|
||Purchases||||699|664|
||Closing stock||||(7,688)|(7,834)|
||Regional activitycosts||||520|414|
||National activity costs|-AGM|||-|803|
||SaleofMerchandise costs||||627|1,010|
||Flockassessment costs||||830|1,184|
||||||2,822|3,998|



Page 8 

continued... 



Jacob Sheep Society Limited(The) 

||Notes totheFinancial|Statements -|continued|continued|||
|---|---|---|---|---|---|---|
||for theYearEnded|30 September2021|||||
|6.|CHARITABLE ACTIVITIESCOSTS||||||
||||Direct||Support||
||||Costs|(see|costs (see||
||||note|7)|note 8)|Totals|
||||£||£|£|
||Breedpromotion&improvement|.|2,768||39,147|41,915|
|7.|DIRECTCOSTSOFCHARITABLEACTIVITIES||||||
||||||30/9/21|30/9/20|
||||||£|£|
||Standrent&maintenance||||203|767|
||Transport & travelBP||||-|60|
||Rosettes, banners&trophies||||650|1,04]|
||Affiliationfees<br>Websitecosts||||100<br>535|100<br>524|
||Show&Salecosts||||1,196|1,405|
||Field Officertravel||||84|215|
||||||2,768|4,112|
|8.|SUPPORTCOSTS||||||
||||||Governance||
||Management||Finance||costs|Totals|
|||£|£||£|£|
||Breedpromotion & improvement|35,926||23|3,198|39,147|
||Support costs, included intheabove, areasfollows:||||||
||||||30/9/21|30/9/20|
||||||Breed||
||||||promotion|Total|
||||||&improvement _ activities||
||||||£|£|
||Secretary's expenses||||1,560|1,345|
||Handbookprintingcosts||||26|341|
||Grassroots costs||||20,650|18,119|
||Council costs||||-|4,002|
||Flockbookcosts||||662|426|
||Journalmagazine||||9,992|9,054|
||Bank&PaypalCharges||||347|374|
||Diseasecontrol||||2,571|923|
||Depreciation oftangibleandheritageassets||||-|114|
||Losson saleoftangible fixedassets||||118|-|
||Foreign currencyrevaluation||||23|(10)|
||IndependentExaminers’ fee||||1,764|1,776|
||Bookkeeping fees||||1,434|-|
||||||39,147|36,464|



Page 9 

continued... 



Jacob Sheep Society Limited(The) 

## Notes to the Financial Statements - continued for the Year Ended 30 September 2021 

## 9. NET INCOME/EXPENDITURE) 

Net income/(expenditure) is stated after charging/(crediting): 


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|||||||
|---|---|---|---|---|---|
|30/9/21|30/9/20|
|£|£|
|Depreciation|- owned|assets|-|114|
|Deficit on|disposal|of|fixed assets|118|-|

**----- End of picture text -----**<br>


10. TRUSTEES' REMUNERATION AND BENEFITS 

There were no trustees’ remuneration or other benefits for the year ended 30 September 2021 nor for the year ended 30 September 2020. 

## Trustees’ expenses 

Trustees reclaimed expenses totalling £1,230 during the year (2020: £3,398). 

## I. TANGIBLE FIXED ASSETS 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Computer|
|equipment|
|£|
|COST|
|At|1|October|2020|960|
|Disposals|(765)|
|At 30 September|2021|195|
|DEPRECIATION|
|At|1|October 2020|842|
|Eliminated|on disposal|(647)|
|At 30|September 2021|195|
|NET BOOK VALUE|
|At 30|September 2021|-|
|At 30|September 2020|118|

**----- End of picture text -----**<br>


## 12. FIXED ASSET INVESTMENTS 


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|||||||
|---|---|---|---|---|---|
|30/9/21|30/9/20|
|Market|Market|
|Units|Cost£|Value£|Cost£|Value£|
|3,414|M&G Charifund|$2,806|98,779|12,806|41,101|
|COIF|Charities|Investment|
|5,265|Fund|69,725|102,309|69,725|90,631|
|122,531|201,088|82,531|131,732|

**----- End of picture text -----**<br>


Page 10 

continued... 



Jacob Sheep Society Limited(The) 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Notes|to|the|Financial|Statements|-|continued|
|for|the Year Ended|30|September 2021|
|13.|STOCKS|
|30/9/21|30/9/20|
|£|£|
|BP Merchandise|7,688|7,834|
|14.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|30/9/21|30/9/20|
|£|£|
|Trade|debtors|750|-|
|Prepayments|and accrued|income|500|1,066|
|1,250|1,066|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|30/9/21|30/9/20|
|£|£|
|Trade|creditors|69|-|
|Other|creditors|881|-|
|Accrued|expenses|3,280|3,275|
|4,230|3,275|
|16.|ANALYSIS OF NET ASSETS BETWEEN FUNDS|
|30/9/21|30/9/20|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|£|£|£|£|
|Fixed|assets|-|-|-|118|
|Investments|201,088|-|201,088|131,733|
|Current assets|107,716|8,498|116,214|140,194|
|Current|iiabilities|(4,230)|-|(4,230)|(3,275)|
|304,574|8,498|313,072|268,770|
|17.|MOVEMENT IN FUNDS|
|Net|
|At|movement|At|
|1/10/20|in funds|30/9/21|
|£|£|£|
|Unrestricted|funds|
|General|fund|260,250|44,324|304,574|
|Restricted|funds|
|Prize Fund|250|-|250|
|Pat Bromley|Memorial Fund|8,270|(22)|8,248|
|8,520|(22)|8,498|
|TOTAL FUNDS|268,770|44,302|313,072|

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Page 11 

continued... 



Jacob Sheep Society Limited(The) 

## Notes to the Financial Statements - continued for the Year Ended 30 September 2021 

17. MOVEMENT IN FUNDS- continued 

Net movement in funds, included in the above are as follows: 


**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in funds|
|£|£|£|£|
|Unrestricted|funds|
|General fund|59,683|(44,715)|29,356|44,324|
|Restricted|funds|
|Pat Bromley Memorial Fund|-|(22)|-|(22)|
|TOTAL FUNDS|59,683|(44,737)|29,356|44,302|
|Comparatives|for movement|in|fands|
|Net|
|At|movement|At|
|1/10/19|in|funds|30/9/20|
|£|£|£|
|Unrestricted|funds|
|General fund|255,973|4,277|260,250|
|Restricted|funds|
|Prize Fund|250|-|250|
|Pat Bromley Memorial Fund|8,270|-|8,270|
|8,520|-|8,520|
|TOTAL FUNDS|264,493|4,277|268,770|
|Comparative net movement|in|funds,|included|in the above|are as|follows:|
|Incoming|Resources|Gains|and|Movement|
|resources|expended|losses|in funds|
|£|£|£|£|
|Unrestricted|funds|
|General fund|52,012|(44,574)|(3,161)|4,277|
|TOTAL FUNDS|52,012|(44,574)|(3,161)|4,277|

**----- End of picture text -----**<br>


Page 12 

continued... 



Jacob Sheep Society Limited(The) 

## Notes to the Financial Statements - continued for the Year Ended 30 September 2021 

## 17. MOVEMENT IN FUNDS - continued 

A current year 12 months and prior year 12 months combined position is as follows: 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|Net|
|At|movement|At|
|1/10/19|in funds|30/9/21|
|£|£|£|
|Unrestricted|funds|
|General fund|255,973|48,601|304,574|
|Restricted|funds|
|Prize Fund|250|-|250|
|Pat Bromley Memorial Fund|8,270|(22)|8,248|
|8,520|(22)|8,498|
|TOTAL FUNDS|264,493|48,579|313,072|

**----- End of picture text -----**<br>


A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 


**----- Start of picture text -----**<br>
|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Gains|and|Movement|
|Tesources|expended|losses|in funds|
|£|£|£|£|
|Unrestricted funds|
|General|fund|111,695|(89,289)|26,195|48,601|
|Restricted|funds|
|Pat Bromley Memorial Fund|-|(22)|-|(22)|
|TOTAL FUNDS|111,695|(89,311)|26,195|48,579|

**----- End of picture text -----**<br>


## 18 RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 30 September 2021. 

Page 13 



## Jacob Sheep Society Limited(The) 

## Detailed Statement of Financial Activities for the Year Ended 30 September 2021 

|||||30/9/21|30/9/20|
|---|---|---|---|---|---|
||Unrestricted<br>funds|Restricted<br>funds||Total<br>funds|Total<br>funds|
||£|£||£|£|
|INCOMEANDENDOWMENTS||||||
|Donations and legacies||||||
|Donations|-||-|-|51|
|Incomefrom fundraising|-||-|-|30|
||~||“|-|$1|
|Othertrading activities||||||
|Journal advertising income|120||-|120|265|
|Regional activity income|850||-|850|440|
|SaleofMerchandiseincome|1,863||-|1,863|2,212|
|Flockassessment|374||-|374|528|
||3,207||-|3,207|3,445|
|Investmentincome||||||
|Depositaccount interest|5||-|5|458|
|Dividendincome<br>DividendsonLifeMembersFund|2,754<br>3,857||-<br>-|2,754<br>3,857|1,403<br>2,696|
||6,616||-|6,616|4,557|
|Charitable activities||||||
|Subscriptions&joiningfees|21,734||-|21,734|22,007|
|GiftAidreceipts|2,194||-|2,194|2,360|
|Registrationfees|25,552||-|25,552|19,232|
|FlockBook sales etc|380||-|380|330|
||49,860||-|49,860|43,929|
|Totalincomingresources|59,683||-|59,683|52,012|
|EXPENDITURE||||||
|Othertradingactivities||||||
|Openingstock<br>Purchases<br>Regional activity costs|7,834<br>699<br>520||-<br>-<br>-|7,834<br>699<br>520|7,757<br>664<br>414|
|National activity costs<br>-AGM|~||-|-|803|
|SaleofMerchandisecosts|627||-|627|1,010|
|Flockassessment costs|830||-|830|1,184|
|Closing stock|(7,688)||-|(7,688)|(7,834)|
||2,822||-|2,822|3,998|



This page does not form part of the statutory financial statements 

Page 14 



## Jacob Sheep Society Limited(The) 

## Detailed Statement of Financial Activities for the Year Ended 30 September 2021 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|30/9/21|30/9/20|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|£|£|£|£|
|Other trading|activities|
|Charitable|activities|
|Stand|rent & maintenance|203|-|203|767|
|Transport & travel BP|-|-|-|60|
|Rosettes,|banners & trophies|628|22|650|1,041|
|Affiliation fees|100|-|100|100|
|Website|costs|535|-|535|524|
|Show & Sale costs|1,196|-|1,196|1,405|
|Field|Officer travel|84|-|84|215|
|2,746|22|2,768|4,112|
|Support costs|
|Management|
|Secretary's expenses|1,560|-|1,560|1,345|
|Handbook printing costs|26|-|26|341|
|Grassroots|costs|20,656|-|20,650|18,119|
|Council|costs|-|-|-|4,002|
|Flockbook costs|662|-|662|426|
|Journal|magazine|9,992|-|9,992|9,054|
|Bank &|Paypal|Charges|347|-|347|374|
|Disease control|2,571|-|2,571|923|
|Computer equipment|-|-|-|114|
|Loss|on sale of|tangible fixed|assets|118|-|118|-|
|35,926|-|35,926|34,698|
|Finance|
|Foreign currency revaluation|23|-|23|(10)|
|Governance|costs|
|Independent Examiners’ fee|1,764|-|1,764|1,776|
|Bookkeeping|fees|1,434|-|1,434|-|
|3,198|-|3,198|1,776|
|Total resources|expended|44,715|22|44,737|44,574|
|Net come before gains and|losses|14,968|(22)|14,946|7,438|
|Realised|recognised|gains and|losses|
|Realised|gains/(losses)|on fixed|asset|
|investments|29,356|-|29,356|(3,161)|
|Net income|44,324|(22)|44,302|4,277|

**----- End of picture text -----**<br>


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