REGISTERED COMPANY NUMBER: 01466040 (England and Wales) REGISTERED CHARITY NUMBER: 1026687
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 September 2024
for
Jacob Sheep Society Limited(The)
EQ Accountants Ltd 47-49 The Square Kelso Roxburghshire TD5 7HW
Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Contents of the Financial Statements for the Year Ended 30 September 2024
| 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 |
Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Report of the Trustees for the Year Ended 30 September 2024
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 2024. 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 Ireland (FRS 102) (effective 1 January 2019).
The trustees are referred to as members and comprise the Board, 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.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The result for the year to 30 September 2024 was an excess of expenses over income of £3,675 compared to an excess of expenses over income of £6,364 in the previous year before gains or losses on investments. Expenditure was 104% (2023 - 109%) of income.
The balance of total funds carried forward at 30 September 2024 amounted to £309,795 which was split £301,880 General Funds and £7,915 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 the Board shall decide, and to cover the administration of the Society for a year in the event of a collapse in the membership base. Our reserves meet this requirement.
FUTURE PLANS
No significant future developments 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 22 April 2023).
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
01466040 (England and Wales)
Registered Charity number
1026687
Registered office
8 Auxerre Avenue (Corner House) Greenland’s Redditch Worcestershire B98 7QJ
Page 1
Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Report of the Trustees for the Year Ended 30 September 2024
Trustees
Officers
President Mrs P Black (appointed 27/04/24) Chairman Mrs J East (appointed 27/04/24) Vice Chairman Mrs S Dalrymple (appointed 27/04/24) Treasurer Mrs L J Pope Field Officer Mr C Richardson Ex Officio Chairman Mr J Emberton (appointed 27/04/24)
Ordinary Members
Regional Council Member for Central Region Mrs K Carpenter Regional Council Member for Eastern Region Mr T Green Regional Council Member for Ireland Region Mr M Kehoe Regional Council Member for Northern Region Mrs E Chester (appointed 27/04/2024) Regional Council Member for Scotland Region Mrs M J Harper Regional Council Member for Southern Region Mr P Gorringe Regional Council Member for South West Region Mr R Fenwick Regional Council Member for Wales Region Mrs A Ross (appointed 27/04/2024)
Members resigned in the year
Mrs S Harries (resigned 01/07/2024) Mrs J Simmons (resigned 01/07/2024)
Company Secretary
Mr T Barker (appointed 01/07/2024)
Independent Examiner
Caroline Tice BA CA EQ Accountants Ltd 47-49 The Square Kelso Roxburghshire TD5 7HW
MEMBERS
At 30 September 2024 there were 712 fully paid up Members of the Society. Over the year Membership has decreased by 23 members (77 new members joined and 100 left). Ordinary members now number 670, Life members 41 and Honorary Members 1.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
12/03/2025
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ T Barker - Secretary
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Independent Examiner's Report to the Trustees of Jacob Sheep Society Limited(The)
Independent examiner's report to the trustees of Jacob 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 2024.
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:
-
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
-
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
-
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.
Caroline Tice BA CA
EQ Accountants Ltd 47-49 The Square Kelso Roxburghshire TD5 7HW 12/03/2025 Date: .............................................
Page 3
Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Statement of Financial Activities for the Year Ended 30 September 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 135 Charitable activities 4 Subscription & membership 19,014 Registration 26,062 Other trading activities 2 24,353 Investment income 3 12,979 Other income - Total 82,543 EXPENDITURE ON Raising funds 5 25,041 Charitable activities 6 Breed promotion & improvement 60,844 Total 85,885 Net unrealised gains on investments 15,039 NET INCOME/(EXPENDITURE) 11,697 RECONCILIATION OF FUNDS Total funds brought forward 290,183 TOTAL FUNDS CARRIED FORWARD 301,880 |
Restricted funds £ - - - - - - - - 333 333 - (333) 8,248 7,915 |
30/9/24 Total funds £ 135 19,014 26,062 24,353 12,979 - 82,543 25,041 61,177 86,218 15,039 11,364 298,431 309,795 |
30/9/23 Total funds £ 342 19,654 25,467 16,026 8,960 125 70,574 13,920 63,018 76,938 5,084 (1,280) 299,711 298,431 |
|---|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 4
Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Balance Sheet 30 September 2024
| Notes FIXED ASSETS Investments 10 CURRENT ASSETS Stocks 11 Debtors 12 Cash at bank CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 15 Unrestricted funds: General fund Restricted funds: Pat Bromley Memorial Fund TOTAL FUNDS |
30/9/24 £ 204,294 4,917 9,415 98,349 112,681 (7,180) 105,501 309,795 309,795 301,880 7,915 309,795 |
30/9/23 £ 189,255 4,648 4,291 106,777 115,716 (6,540) 109,176 298,431 298,431 290,183 8,248 298,431 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 applicable to the charitable company.
The notes form part of these financial statements
continued...
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Balance Sheet - continued 30 September 2024
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 ............................................. and were signed on its behalf by: 12/03/2025
............................................. T Barker - Secretary
The notes form part of these financial statements
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements for the Year Ended 30 September 2024
1. 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 all cost related 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.
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.
2. OTHER TRADING ACTIVITIES
| 30/9/24 | 30/9/23 | |
|---|---|---|
| £ | £ | |
| Journal advertising income | 80 | 80 |
| Regional activity income | 1,836 | 1,690 |
| Annual AGM income | 19,330 | 11,377 |
| Sale of Merchandise income | 2,857 | 1,528 |
| Flock assessment | 250 | 1,351 |
| 24,353 | 16,026 |
continued...
Page 7
Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
3. INVESTMENT INCOME
| 3. | INVESTMENT INCOME | |||||
|---|---|---|---|---|---|---|
| 30/9/24 | 30/9/23 | |||||
| £ | £ | |||||
| Deposit account interest | 3,215 | 1,980 | ||||
| Dividend income | 2,890 | 2,868 | ||||
| Dividends on Life Members Fund | 6,874 | 4,112 | ||||
| 12,979 | 8,960 | |||||
| 4. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 30/9/24 | 30/9/23 | |||||
| Subscription | Total | Total | ||||
| & membership | Registration | activities | activities | |||
| £ | £ | £ | £ | |||
| Subscriptions & joining fees | 17,475 | - | 17,475 | 18,145 | ||
| Gift Aid receipts | 1,539 | - | 1,539 | 1,509 | ||
| Registration fees | - | 25,522 | 25,522 | 25,092 | ||
| Flock Book sales etc | - | 540 | 540 | 375 | ||
| 19,014 | 26,062 | 45,076 | 45,121 | |||
| 5. | RAISING FUNDS | |||||
| Other trading activities | ||||||
| 30/9/24 | 30/9/23 | |||||
| £ | £ | |||||
| Opening stock | 4,648 | 3,918 | ||||
| Closing stock | (4,917) | (4,648) | ||||
| Regional activity costs | 2,623 | 939 | ||||
| National activity costs - AGM | 19,305 | 9,241 | ||||
| Sale of Merchandise costs | 2,229 | 854 | ||||
| Flock assessment costs | 1,153 | 3,616 | ||||
| 25,041 | 13,920 | |||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs (see | costs (see | |||||
| note 7) | note 8) | Totals | ||||
| £ | £ | £ | ||||
| Breed promotion & improvement | 12,693 | 48,484 | 61,177 |
continued...
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
| 7. DIRECT COSTS OF CHARITABLE ACTIVITIES Stand rent & maintenance Transport & travel BP Rosettes, banners & trophies Affiliation fees Website costs Show & Sale costs Membership Costs Field Officer travel Judges training costs Young Handler training costs 8. SUPPORT COSTS Management £ Breed promotion & improvement 43,822 Support costs, included in the above, are as follows: Secretary's expenses Handbook printing costs Grassroots costs Council costs Flockbook costs Journal magazine Insurance Bank & Paypal Charges Disease control Foreign currency revaluation Independent Examiners' fee Bookkeeping fees |
30/9/24 30/9/23 £ £ 2,186 1,572 907 1,320 282 2,400 115 202 139 565 7,165 8,584 788 1,349 696 226 82 280 333 - 12,693 16,498 Governance Finance costs Totals £ £ £ 43 4,619 48,484 30/9/24 30/9/23 Breed promotion Total & improvement activities £ £ 359 408 - 1,778 20,821 22,112 6,408 1,936 874 923 13,316 12,096 1,004 725 340 338 700 1,808 43 3 2,034 1,938 2,585 2,455 48,484 46,520 |
|---|---|
continued...
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.
Trustees' expenses
Trustees reclaimed expenses totalling £5,355 during the year (2023: £4,544).
10. FIXED ASSET INVESTMENTS
| 30/9/24 Market Cost Value Units £ £ 6,245 M&G Charifund 52,806 97,575 5,265 COIF Charities Investment Fund 69,725 106,719 122,531 204,294 11. STOCKS BP Merchandise 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Prepayments and accrued income 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors Accrued expenses |
30/9/23 Market Cost Value £ £ 52,806 91,940 69,725 97,315 122,531 189,255 30/9/24 30/9/23 £ £ 4,917 4,648 30/9/24 30/9/23 £ £ 754 1,463 1,539 1,514 7,122 1,314 9,415 4,291 30/9/24 30/9/23 £ £ 641 3,192 4,243 989 2,296 2,359 7,180 6,540 |
|---|---|
continued...
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted funds £ Investments 204,294 Current assets 104,766 Current liabilities (7,180) 301,880 15. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Pat Bromley Memorial Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 82,543 Restricted funds Pat Bromley Memorial Fund - TOTAL FUNDS 82,543 |
Restricted funds £ - 7,915 - 7,915 At 1/10/23 £ 290,183 8,248 298,431 Resources expended £ (85,885) (333) (86,218) |
30/9/24 30/9/23 Total Total funds funds £ £ 204,294 189,255 112,681 115,716 (7,180) (6,540) 309,795 298,431 Net movement At in funds 30/9/24 £ £ 11,697 301,880 (333) 7,915 11,364 309,795 Gains and Movement losses in funds £ £ 15,039 11,697 - (333) 15,039 11,364 |
|---|---|---|
continued...
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Prize Fund Pat Bromley Memorial Fund TOTAL FUNDS |
At 1/10/22 £ 291,213 250 8,248 8,498 299,711 |
Net movement in funds £ (1,280) - - - (1,280) |
Transfers between funds £ 250 (250) - (250) - |
At 30/9/23 £ 290,183 - 8,248 8,248 298,431 |
|---|---|---|---|---|
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 | 70,574 | (76,938) | 5,084 | (1,280) |
| TOTAL FUNDS | 70,574 | (76,938) | 5,084 | (1,280) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Prize Fund Pat Bromley Memorial Fund TOTAL FUNDS |
At 1/10/22 £ 291,213 250 8,248 8,498 299,711 |
Net movement in funds £ 10,417 - (333) (333) 10,084 |
Transfers between funds £ 250 (250) - (250) - |
At 30/9/24 £ 301,880 - 7,915 7,915 309,795 |
|---|---|---|---|---|
continued...
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Notes to the Financial Statements - continued for the Year Ended 30 September 2024
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined 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 | 153,117 | (162,823) | 20,123 | 10,417 |
| Restricted funds | ||||
| Pat Bromley Memorial Fund | - | (333) | - | (333) |
| TOTAL FUNDS | 153,117 | (163,156) | 20,123 | 10,084 |
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2024.
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Detailed Statement of Financial Activities for the Year Ended 30 September 2024
| 30/9/24 | 30/9/23 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies | ||||
| Donations | 135 | - | 135 | 342 |
| Other trading activities | ||||
| Journal advertising income | 80 | - | 80 | 80 |
| Regional activity income | 1,836 | - | 1,836 | 1,690 |
| Annual AGM income | 19,330 | - | 19,330 | 11,377 |
| Sale of Merchandise income | 2,857 | - | 2,857 | 1,528 |
| Flock assessment | 250 | - | 250 | 1,351 |
| 24,353 | - | 24,353 | 16,026 | |
| Investment income | ||||
| Deposit account interest | 3,215 | - | 3,215 | 1,980 |
| Dividend income | 2,890 | - | 2,890 | 2,868 |
| Dividends on Life Members Fund | 6,874 | - | 6,874 | 4,112 |
| 12,979 | - | 12,979 | 8,960 | |
| Charitable activities | ||||
| Subscriptions & joining fees | 17,475 | - | 17,475 | 18,145 |
| Gift Aid receipts | 1,539 | - | 1,539 | 1,509 |
| Registration fees | 25,522 | - | 25,522 | 25,092 |
| Flock Book sales etc | 540 | - | 540 | 375 |
| 45,076 | - | 45,076 | 45,121 | |
| Other income | ||||
| Bank Compensation | - | - | - | 125 |
| Total incoming resources | 82,543 | - | 82,543 | 70,574 |
| EXPENDITURE | ||||
| Other trading activities | ||||
| Opening stock | 4,648 | - | 4,648 | 3,918 |
| Regional activity costs | 2,623 | - | 2,623 | 939 |
| National activity costs - AGM | 19,305 | - | 19,305 | 9,241 |
| Sale of Merchandise costs | 2,229 | - | 2,229 | 854 |
| Flock assessment costs | 1,153 | - | 1,153 | 3,616 |
| Closing stock | (4,917) | - | (4,917) | (4,648) |
| 25,041 | - | 25,041 | 13,920 | |
| Charitable activities | ||||
| Stand rent & maintenance | 2,186 | - | 2,186 | 1,572 |
| Carried forward | 2,186 | - | 2,186 | 1,572 |
This page does not form part of the statutory financial statements
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Document ID: 8a44bad1-7ae2-4aa1-94db-3a39593e6642
Jacob Sheep Society Limited(The)
Detailed Statement of Financial Activities for the Year Ended 30 September 2024
| 30/9/24 | 30/9/23 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Charitable activities | ||||
| Brought forward | 2,186 | - | 2,186 | 1,572 |
| Transport & travel BP | 907 | - | 907 | 1,320 |
| Rosettes, banners & trophies | 282 | - | 282 | 2,400 |
| Affiliation fees | 115 | - | 115 | 202 |
| Website costs | 139 | - | 139 | 565 |
| Show & Sale costs | 7,165 | - | 7,165 | 8,584 |
| Membership Costs | 788 | - | 788 | 1,349 |
| Field Officer travel | 696 | - | 696 | 226 |
| Judges training costs | 82 | - | 82 | 280 |
| Young Handler training costs | - | 333 | 333 | - |
| 12,360 | 333 | 12,693 | 16,498 | |
| Support costs | ||||
| Management | ||||
| Secretary's expenses | 359 | - | 359 | 408 |
| Handbook printing costs | - | - | - | 1,778 |
| Grassroots costs | 20,821 | - | 20,821 | 22,112 |
| Council costs | 6,408 | - | 6,408 | 1,936 |
| Flockbook costs | 874 | - | 874 | 923 |
| Journal magazine | 13,316 | - | 13,316 | 12,096 |
| Insurance | 1,004 | - | 1,004 | 725 |
| Bank & Paypal Charges | 340 | - | 340 | 338 |
| Disease control | 700 | - | 700 | 1,808 |
| 43,822 | - | 43,822 | 42,124 | |
| Finance | ||||
| Foreign currency revaluation | 43 | - | 43 | 3 |
| Governance costs | ||||
| Independent Examiners' fee | 2,034 | - | 2,034 | 1,938 |
| Bookkeeping fees | 2,585 | - | 2,585 | 2,455 |
| 4,619 | - | 4,619 | 4,393 | |
| Total resources expended | 85,885 | 333 | 86,218 | 76,938 |
| Net (expenditure)/income before gains and | ||||
| losses | (3,342) | (333) | (3,675) | (6,364) |
| Unrealised recognised gains and losses | ||||
| Unrealised gains/(losses) on fixed asset | ||||
| investments | 15,039 | - | 15,039 | 5,084 |
| Net (expenditure)/income | 11,697 | (333) | 11,364 | (1,280) |
This page does not form part of the statutory financial statements
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