##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||||
|INCOME FROM|||||||||
|Donations
and legacies||||2|7,796||7,796|22,548|
|Investment
income|||||44,721|8 227|52,948|62,090|
|Total|||||52,517|8,227|60„744|84,638|
|EXPENDITURE ON|||||||||
|Raising funds
Investment
management||costs|||7,786|2,854|10840|10019|
||||||7,786|2,854|10,640|10,019|
|Charitable
activities|||||||||
|Equine Vet Studies Award
Grant making|||||26,655|3,218
400|3,218
27,055|2,689
75,435|
|Total|||||34,441|6,472|40,913|88,143|
|Net gains/(losses)
on|investments||||176,667|72,731|249,398|~108,899)|
|NET INCOME/(EXPENDITURE)|||AND NET||194,743|74,486|269,229|(112,404)|
|MOVEMENT
IN FUNDS|||||||||
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought|forward||||1,516,602|357,057|1,873,659|1,986,063|
|TOTAL FUNDS CARRIED FORWARD|||||1,711,345|431,543|2,142,888|1,873,559|
##
|||2021|2020|
|---|---|---|---|
||Notes|||
|FIXEDASSETS||||
|Investments|10|2,088,748|1,819,575|
|CURRENT ASSETS||||
|Debtors||551|1,264|
|Cash at bank||60,690|59,024|
|||61„241|60,288|
|CREDITORS||||
|Amounts
falling due within one year|12|(7,101)|(6,204)|
|NET CURRENT ASSETS||54 140|54,084|
|TOTAL ASSETS LESSCURRENT||||
|LIABILITIES||2,142,888|1,873,659|
|NET ASSETS||2,142,888|1,873,659|
|FUNDS|14|||
|Unrestricted
funds||1,711,345|1,516,602|
|Restricted
funds||431,543|357,057|
|TOTAL FUNDS||2,142,888|1,873,659|
##
##
##
##
##
##
##
##
##
##
|DONATIO|NS
AND LEGACIES|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Anvil Collections||||||885|2,882|
|Donations||||||6,265|18,028|
|Gift aid||||||646|1,638|
|||||||7,796|22,548|
|INVESTMENT INCOME||||||||
|||||||2021|2020|
|||||||E||
|Dividends|and fixed interest|||||52,948|62,090|
|INVESTMENT MANAGEMENT||COSTS||||||
|||||||2021|2020|
|Portfolio management||||||10,640|10,010|
|CHARITABLE ACTIVITIES COSTS||||||||
|||||Grant||||
|||||funding|of|||
|||||activities||Support||
||||Direct|(see note||costs (see||
||||Costs|6)||note 7)|Totals|
||||||||F|
|Equine Vet Studies Award|||3,218||||3,218|
|Grant making||||16,230||10,825|27 055|
||||3,218|16,230||10,525|30,273|
##
|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|F|
|Grant making||||||||16,230|65,677|
|Donations||were|made|to the|following:|||||
|||||||||2021|2020|
|||||||||f|F|
|Farriery|Examinations|||Ltd (formerly||Farriery Education|& Training||50,000|
|Ltd)||||||||||
|St Martin||in the|Fields|High School for Girls||||8,100|1,500|
|First Aid||Nursing|Yeomanry||(PRVC)|||1,300||
|Drapers'||Company —Livery|||Kitchen|Initiative||1,000||
|Other institutions|||(&F1,000)|||||4,930|5,780|
|||||||||15,330|57,280|
|Payments||to needy farriers||||||500|8,347|
|Donations||to individuals||||||400|50|
|||||||||f16,230|F65,677|
##
|SUPPORT C|OSTS|||||
|---|---|---|---|---|---|
|||||Governance||
||||Management|costs|Totals|
||||F|E||
|Grant making|||7,065|3,760|10,825|
|Support costs, included||in the above, are as follows:||||
|||||2021|2020|
||||||Total|
|||||Grant making|activities|
|||||F||
|Clerk's salary||||6,399|5,969|
|Bank charges||||100|127|
|Insurance||||566||
|Accountancy|and legal fees|||1,750|1,700|
|Independent|Examination|||2,010|1,962|
|||||10„825|9,758|
##
##
|There were
no tru
30th June 2020.|stees'
expenses
paid
for the year ende|stees'
expenses
paid
for the year ende|stees'
expenses
paid
for the year ende|d
30th June 2|021 nor for th|e year ended|
|---|---|---|---|---|---|---|
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|- 2020||
|||||Unrestricted|Restricted|Total|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||E|F|F|
|INCOME FROM|||||||
|Donations
and legacies||||22,548||22,548|
|Investment
income||||53,391|8,699|62,090|
|Total||||75,939|8,699|84,638|
|EXPENDITURE ON|||||||
|Raising funds|||||||
|Investment
management|||costs|7447|2,572|10,019|
|||||7,447|2,572|10,019|
|Charitable
activities|||||||
|Equine Vet Studies|Award||||2,689|2,689|
|Grant making||||75,385|50|75,435|
|Total||||82,832|5,311|88,143|
|Net gains/(losses)|on|investments||~95,419)|~13,480)|~108,899)|
|NET INCOME/(EXPENDITURE)||||(102,312)|(10,092)|(112,404)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought||forward||1,618,914|367,149|1,986,063|
|TOTAL FUNDS CARRIED FORWARD||||1,516,602|357,057|1,873,659|
##
|FIXEDASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||f|
|MARKET VALUE||
|At 1st July 2020|1,819,575|
|Additions|476,552|
|Disposals|(203,968)|
|Revaluations|249,398|
|Movement
in Cash|~252,809)|
|At 30th June 2021|2,088,748|
|NET BOOK VALUE||
|At 30th June 2021|2,088,748|
|At 30th June 2020|1,819,575|
##
##
|11.|DEBT|ORS:AMOUNTS
F|ALLING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|
||||||2021
f|2020|
||Gift aid|and tax recoverable|||551|1,264|
|12.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE|YEAR|||
||||||2021|2020|
||||||f||
||Other creditors||||7,101|6,204|
|13.|ANALYSIS OF NET ASSETS BETWEEN FUNDS||||||
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||funds
f|funds|funds
f|funds
f|
||Investments||1,710,268|378,480|2,088„748|1,819,575|
||Current
Current|assets
liabilities|7,430
~5,353)|53,811
~748)|61,241
(7,101)|60,228
~6,204)|
||||1711,345|,431,543|2,142,888|1,873,659|
##
|MOVE|MENT|IN FUND|S||||||
|---|---|---|---|---|---|---|---|---|
||||||||Net||
||||||||movement|At|
|||||||At 1.7.20|in funds|30.6.21|
|||||||F|F|E|
|Unrestricted||funds|||||||
|General|fund|||||1,516,602|194,743|1,711,345|
|Anvil Fund|||||||||
|||||||1„516,602|194,743|1,711,345|
|Restricted funds|||||||||
|Oliver Award||Fund||||11,119|2,858|13,977|
|Desert|Orchid|General|Fund|||143,966|31,435|175,401|
|Desert|Orchid|Apprenticeship||Fund||'I34,648|25,972|160,620|
|Desert|Orchid|International||institute|of||||
|Farriery||||||67,324|14,221|81,545|
|||||||357,057|74,486|431,543|
|TOTAL|FUNDS|||||1,873,659|269,229|2,142,888|
|Net mo|vement|in funds|,
incl|uded
in the ab|ove are as follo|ws:|||
|---|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended|losses|in funds|
|||||||E|E|E|
|Unrestricted||funds|||||||
|General
fund
Anvil Fund|||||51,511
1,006|(33,435)
~1,006)|176,667|194,743|
||||||52,517|(34,441)|176,667|194,743|
|Restricted funds|||||||||
|Oliver Award||Fund|||522|(400)|2,736|2,858|
|Desert|Orchid|General|Fund||3,236|(1,199)|29,398|31,435|
|Desert|Orchid|Apprenticeship||Fund|3,005|(4,331)|27,298|25,972|
|Desert|Orchid|International||Institute of|||||
|Farriery|||||1,464|~642)|13,299|14,221|
||||||8„227|~6,472|72,731|74,486|
|TOTAL|FUNDS||||60,744|$40,913)|249,398|269,229|
##
##
|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement|At|
||||||At 1.7.19|in funds|30,6.20|
|Unrestricted||funds||||||
|General
fund
Anvil Fund|||||1,618,944
~30)|(102,342)
30|1,516,602|
|Restricted funds|||||1,618„914|(102,312)|1,516,602|
|Oliver Award||Fund|||13,096|(1,977)|11,119|
|Desert|Orchid|General|Fund||146,190|(2,224)|143,966|
|Desert|Orchid|Apprenticeship||Fund|139,507|(4„859)|134,648|
|Desert|Orchid|International||Institute of||||
|Farriery|||||68,356|(1,032)|67,324|
||||||367,149|~10,092)|357,057|
|TOTAL|FUNDS||||1,986,063|~112404)|1873,659|
|Net movement|in funds|,
incl|uded
in the ab|ove are as follo|ws:|||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
||||||F||F|
|Unrestricted|funds|||||||
|General
fund
Anvil Fund||||73,057
2,882|(79,980)
~2,852)|(95,419)|(102,342)
30|
|Restricted funds||||75,939|(82,832)|(95,419)|(102,312)|
|Oliver Award
Desert Orchid
Desert Orchid
Desert Orchid|Fund
General
Fund
Apprenticeship
International||Fund
Institute of|365
3,417
3,334|(50)
(1,054)
(3,718)|(2,292)
(4,587)
(4,475)|(1,977)
(2,224)
(4,859)|
|Farriery||||1,583|~489)|~2,126)|~1,032)|
|||||8,699|~5,311)|$13,480)|~10,092)|
|TOTAL FUNDS||||84,638|f88,143)|)108,899)|)112,404)|
##
##
##
##
|COMPA|RATIVE
ANALYSIS|OF NET ASSETS BETWEE|N FUNDS||
|---|---|---|---|---|
|||||2020|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||E|F|E|
|Investments||1,511,077|308,498|1,819,575|
|Current
Current|assets
liabilities|11,086
(5,561)|49,202
~643)|60,288
~6,204j|
|||1,516,602|357,057|1,573,659|
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||F|||F|
|INCOME AND ENDOWMENTS||||||
|Donations
and legacies||||||
|Anvil Collections||885||885|2,882|
|Donations||6,265||6,265|18,028|
|Gift aid||646||646|1,638|
|||7,796||7„796|22,548|
|Investment
income||||||
|Dividends
and fixed interest||44,721|8,227|52,948|62,090|
|Total incoming
resources||52,517|8,227|60„744|84,638|
|EXPENDITURE||||||
|Investment
management|costs|||||
|Porffolio management||7,786|2,854|10,640|10,019|
|Charitable
activities||||||
|EVSA|||3,218|3,218|2,689|
|Grants to institutions||15,330||15,330|57,280|
|Grants to individuals||500|400|900|8,397|
|||15,830|3,618|19,448|63,366|
|Support costs||||||
|Management||||||
|Management||6,399||6,399|5,969|
|Insurance||566||566||
|Bank charges||100||100|127|
|||7,065||7,065|6,096|
|Governance costs||||||
|Accountancy
and legal fees||1,750||1,750|1,700|
|Independent
Examination||2,010||2,010|1,962|
|||3,760||3,760|3,662|
|Total resources expended||34,441|6,472|40,913|88,143|
|Net income before gains and losses||18,076|1,755|19,831|(3,505)|
|Gains and losses||||||
|Carried forward||18,076|1,755|19,831|(3,505)|
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|Gains and losses||F|F|E||
|Brought forward
Unrealised
gains/(losses)
investments|on fixed asset|18,076
183,102|1,755
72,912|19,831
256,014|(3,505)
(69,807)|
|Realised (losses) on fixed|asset investments|||||
|||J6,435)|~191)|J6,616)|~39,092)|
|Net income/(expenditure)||194,743|74,486|269,229|(112,404)|