##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|||||
|INCOME FROM||||||||
|Donations
and legacies|||2|10,768|250|11,018|22,877|
|Investment
income|||3|50 053|9,063|59,116|58,477|
|Total||||60,821|9,313|70,134|81,354|
|EXPENDITURE ON||||||||
|Raising funds||||||||
|Investment
management||costs||7,735|2,625|10,360|10,972|
|||||7,735|2,625|10,360|10,972|
|Charitable
activities||||||||
|Equine Vet Studies Award|||||4,092|4,092|5,413|
|Grant making||||97,838|500|98,338|95,944|
|Total||||105,573|7,217|112,790|112,329|
|Net gains/ (losses) on|investments|||23,743|7 172|30915|~149,048)|
|NET (EXPENDITURE)/ INCOME AND NET||||(21,009)|9,268|(11,741)|(180,020)|
|MOVEMENT
IN FUNDS||||||||
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||1,588,800|374,068|1,962,868|2,142,888|
|TOTAL FUNDS CARRIED FORWARD||||1567791|383,336|1,951,127|1,982,868|
##
|||2023|2022|
|---|---|---|---|
||Notes|||
|FIXEDASSETS||||
|Investments|10|1,949,787|1,929,104|
|CURRENT ASSETS||||
|Debtors||1,861|549|
|Cash at bank||6 364|39798|
|||8,225|40,347|
|CREDITORS||||
|Amounts
falling due within one year|12|(6,885)|(6,583)|
|NET CURRENT ASSETS||1 340|33,764|
|TOTAL ASSETSLESSCURRENT||||
|LIABILITIES||1,951,127|1,962,868|
|NET ASSETS||1 951 127|1 962868|
|FUNDS|14|||
|Unrestricted
funds||1,567,791|1,588,800|
|Restricted
funds||383336|374 068|
|TOTAL FUNDS||1,951,127|1,962 868|
##
##
##
##
##
##
##
##
##
##
##
|DONATIONS|DONATIONS|AND LEGACIES|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|Anvil Collections|||||||3,600|4,163|
|Donations|||||||6,169|6,980|
|Legacies||||||||10,000|
|Gift aid|||||||1,249|1,734|
||||||||11,018|22 877|
|INVESTMENT||INCOME|||||||
||||||||2023|2022|
|||||||||F|
|Dividends|and|fixed interest|||||59116|58477|
|INVESTMENT||MANAGEMENT|COSTS||||||
||||||||2023|2022|
|||||||||F|
|Portfolio management|||||||10,360|10,972|
|CHARITABLE||ACTIVITIES COSTS|||||||
||||||Grant||||
||||||funding|of|||
||||||activities||Support||
|||||Direct|(see note||costs (see||
|||||Costs|6)||note 7)|Totals|
|||||E|E||||
|Equine Vet Studies Award||||4,092||||4,092|
|Grant making||||500|87,380||10,458|98,338|
|||||4,592|87,380||10,458|102,430|
##
|6.|GRANTS PAYABLE|GRANTS PAYABLE|||||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
|||||||||E|
||Grant making||||||87,380|84,466|
||Donations were|made|to the||following:||||
||||||||2023|2022|
||Farriery
Examinations||Ltd||||55,000|60,000|
||Farriery Craft 8|Education||Ltd|||25,000|10,000|
||Ukraine Appeal|||||||2,000|
||St Martin
in the|Fields|High|School for Girls|||1,500|1,500|
||First Aid Nursing|Yeomanry|||(PRVC)||300|300|
||The Brooke Hospital||||||1,000||
||Other institutions|(&E1,000)|||||4580|5,380|
||||||||87,380|79,180|
||Payments
to needy farriers|||||||4,486|
||Donations
to individuals|||||||800|
||||||||583,380|884 466|
||||||||Governance||
|7.|SUPPORT COSTS||||||||
|||||||Management|costs
f|Totals|
||Grant making|||||6,188|4,270|10,458|
||Support costs, included||in the above, are as follows:||||||
||||||||2023|2022|
|||||||||Total|
||||||||Grant making|activities|
||Clerk's salary||||||5,480|6,512|
||Bank charges||||||123|140|
||Trustee Training|||||||110|
||Insurance||||||585|576|
||Accountancy
and legal||fees||||1,900|1,800|
||Independent
Examination||||||2,370|~2190|
||||||||10,458|1~1328|
##
##
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||E|F||
|INCOME FROM|||||||
|Donations
and legacies||||22,877||22,877|
|Investment
income||||49,164|9,313|58,477|
|Total||||72,041|9,313|81,354|
|EXPENDITURE ON|||||||
|Raising funds|||||||
|Investment
management|||costs|8,126|2 846|10,972|
|||||8,126|2,846|10,972|
|Charitable
activities|||||||
|Equine Vet Studies|Award||||5,413|5,413|
|Grant making||||95,794|150|95,944|
|Total||||103,920|8,409|112,329|
|Net gains/(losses)|on|investments||~90,666)|~58,379)|~149,045|
|NET INCOME/(EXPENDITURE)||||(122,545)|(57,475)|(180,020)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought||forward||1,711,345|431,543|2,142,888|
|TOTAL FUNDS CARRIED FORWARD||||1,588,800|374 068|1,962,868|
##
##
|FIXEDASSET INVEST|MENTS||
|---|---|---|
|||Listed|
|||investments|
|||F|
|MARKET VALUE|||
|At 1stJuly 2022
Additions||1,929,104
142,932|
|Disposals
Realised and unrealised
Movement
in Cash|gains|(132,093)
30,9'15
~21971)|
|At 30th June 2023||1,949,787|
|NET BOOK VALUE|||
|At 30th June 2023||1„949,787|
|At 30th June 2022||1,929,104|
##
|DEBTO|RS|".AMOUN|TS
FA|LLING DUE WITHIN ONE Y|EAR||||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||E||
|Worshipful||Company|of Farriers||||163|100|
|Gift aid|and|tax recoverable|||||~1698|449|
||||||||~1861|549|
|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE|YEAR||||
||||||||2023|2022|
|||||||||E|
|Other creditors|||||||~6885|6,583|
|ANALYSIS||OF NET|ASSETS BETWEEN FUNDS||||||
||||||||2023|2022|
|||||Unrestricted|Restricted||Total|Total|
|||||funds||funds|funds|funds|
|||||E|||||
|Investments||||1,628,069|321,718||1,949,787|1,929,104|
|Current
Current|assets
liabilities|||(54,056)
~6,222)|62,281
~663)||8,225
~6,885)|40,347
~6,583)|
|||||1 567791|38,|3,336|1,951127|1,926868|
##
##
|MOVE|MENT|IN FUND|S||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.7.22|in funds|30.6.23|
|Unrestricted||funds|||||||||
|General|fund|||||||1,588,800|(21,009)|1,567,791|
|Anvil Fund|||||||||||
|||||||||1,588,800|(21,009)|1,567,791|
|Restricted funds|||||||||||
|Oliver Award||Fund||||||14,170|790|14,960|
|Desert|Orchid|General|Fund|||||153,455|5,425|158,880|
|Desert|Orchid|Apprenticeship|||Fund|||135,349|589|135,938|
|Desert|Orchid|International|||Institute of||||||
|Farriery||||||||71,094|2,464|73,558|
|||||||||374,068|9,268|383,336|
|TOTAL|FUNDS|||||||1,962,868|~11741)|1 951 127|
|Net movement||in funds,|included|||in the above are as follows:|||||
||||||||Incoming|Resources|Gains and|Movement|
||||||||resources|expended|losses|in funds|
||||||||||E|E|
|Unrestricted||funds|||||||||
|General|fund||||||60,821|(105,573)|23,743|(21,009)|
|Anvil Fund|||||||||||
||||||||60,821|(105,573)|23,743|(21,009)|
|Restricted funds|||||||||||
|Oliver Award||Fund|||||492|(500)|798|790|
|Desert|Orchid|General|Fund||||3,850|(1,102)|2,677|5,425|
|Desert|Orchid|Apprenticeship|||Fund||3,257|(5,090)|2,422|589|
|Desert
Farriery|Orchid|International||Institute of|||1714|~525)|1 275|2464|
||||||||9,313|7217|7 172|9,268|
|TOTAL|FUNDS||||||70134|~112790)|30915|~11741)|
##
##
|||||||||Net||
|---|---|---|---|---|---|---|---|---|---|
|||||||||movement|At|
||||||||At 1.7.21|in funds|30.6.22|
|||||||||E||
|Unrestricted||funds||||||||
|General|fund||||||1,711,345|(122,545)|1,588„800|
|Anvil Fund||||||||||
||||||||1,711,345|(122,545)|1,588,800|
|Restricted funds||||||||||
|Oliver Award||Fund|||||13,977|193|14,170|
|Desert|Orchid|General|Fund||||175,401|(21,946)|153,455|
|Desert|Orchid|Apprenticeship||Fund|||160,620|(25,271)|135,349|
|Desert
Farriery|Orchid|International||Institute of|||81,545|~10,451)|71,094|
||||||||431,543|57,475|374,068|
|TOTAL|FUNDS||||||2,142,888|~180,020)|1 962,868|
|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|||||72,041|(103,920)|(90,666)|(122,545)|
|Anvil Fund||||||||||
|||||||72,04'I|(103,815)|(90,666)|(122,545)|
|Restricted funds||||||||||
|Oliver Award||Fund||||552|(150)|(209)|193|
|Desert|Orchid|General|Fund|||3,680|(1,195)|(24,431)|(21„946)|
|Desert|Orchid|Apprenticeship||Fund||3,329|(6,495)|(22,105)|(25,271)|
|Desert
Farriery|Orchid|International||Institute of||1,752|~569)|~11,634)|~10451)|
|||||||9,313|~8,409|58,379|57475|
|TOTAL|FUNDS|||||81,354|~112,329)|I149,045)|~180020)|
##
##
##
|||||2022|
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||E|||
|Investments||1,611,941|317,163|1,929,104|
|Current
Current|assets
liabilities|(17,214)
~5,927)|57,561
~656)|40,347
~6583)|
|||1,588,800|374,068|1,962 868|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||||F|E|
|INCOME AND|ENDOWMENTS|||||||
|Donations
and legacies||||||||
|Anvil Collections||||3,600||3,600|4,163|
|Donations||||5,919|250|6,169|16,980|
|Gift Aid||||1,249||1,249|1,734|
|||||10,768|250|11,018|22,877|
|Investment
income||||||||
|Dividends
and|fixed|interest||50 053|9,063|59,116|58,477|
|Total incoming|resources|||60,821|9,313|70,134|81,354|
|EXPENDITURE||||||||
|Investment
management|||costs|||||
|Portfolio management||||7,735|2,625|10,360|10,972|
|Charitable
activities||||||||
|EVSA|||||4,092|4,092|5,413|
|Grants to institutions||||87,380||87,380|83,666|
|Prizes|||||500|500|150|
|Grants to individuals|||||||800|
|||||95,115|7,217|102,332|90,029|
|Support costs||||||||
|Management||||||||
|Management||||5,480||5,480|6,512|
|Insurance||||585||585|576|
|Bank charges||||123||123|140|
|||||6,188||6,188|7,228|
|Governance|costs|||||||
|Accountancy|and legal fees|||1,900||1,900|1,800|
|Trustee Training|||||||110|
|Independent
Examination||||2,370||2 370|2 190|
|||||4270||4,270|4,100|
|Total resources|expended|||105,573|7217|112790|112,329|
|Net income/(losses)||before gains and losses||(44,752)|2,096|(42,834)|(30,975)|
|Gains and losses||||||||
|Carried forward||||(44,752)|2,096|(42,656)|(30.975)|
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds
f|funds
f|funds|fundsf|
|Gains and|losses|||||||
|Brought forward||||(44,752)|2,096|(42,656)|(30,975)|
|Unrealised|(losses)/|gains on fixed asset||26,506|6,483|32,989|(150,251)|
|investments||||||||
|Realised gains/(losses)|||on fixed asset|||||
|investments||||J2,763)|689|~2,074)|1 206|
|Net (expenditure)l||income||)21,009)|9268|~11741)|(180,020)|