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|||**Restricted**|**Unrestricted**|**Designated**|||
|---|---|---|---|---|---|---|
||**Notes**|**Funds**|**Funds**|**Funds**|**`2020`**|**`2019`**|
|||£|£|£|£|£|
|**Income from:**|||||||
|Investments|**3**||22,798||22,798|22,848|
|Charitable activities|**4**|6,825|||6,825|8,050|
|**Total**||6,825|22,798||29,623|30,898|
|**Expenditure on:**|||||||
|Charitable activities|**5**|(7,000)|(6,256)|(1,097)|(14,353)|(18,432)|
|Net (losses)/gains on<br>investments|||(48,295)||(48,295)|133,280|
|**Net (deficit)/income**|||||||
|**and net movement in**|||||||
|**funds**||(175)|(31,753)|(1,097)|(33,025)|145,746|
|**Reconciliation of**|||||||
|**funds:**|||||||
|Totalfunds brought<br>forwardat 1 January||10,881|1,003,708|2,304|1,016,893|871,147|
|Tatalfunds carried<br>forward at 31 December|**9**|10,706|971,955|1,207|983,868|1,016,893|





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|||**Restricted**|**Unrestricted**|**Designated**|||
|---|---|---|---|---|---|---|
||**Notes**|**Funds**|**Funds**|**Funds**|**2020**|**2019**|
|||£|£|£|£|£|
|**Fixed assets**|**8**||||||
|Investments|||921,958||921,958|959,337|
|**Current assets**|||||||
|Accrued income|||3,673||3,673|1,003|
|Cash at bank||10,706|50,735|1,207|62,648|60,753|
|||10,706|54,408|1,207|66,321|61,756|
|**Current liabilities**|||||||
|Accruals|||(4,411)||(4,411)|(4,200)|
|**Net current assets**||10,706|49,997|1,207|61,910|57,556|
|**Net assets**||10,706|971,955|1,207|983,868|1,016,893|
|**Represented by:**|||||||
|**Accumulated fund**|**9**||971,955||971,955|1,003,708|
|**Lecture fund**|**9**|||1,207|1,207|2,304|
|**Restricted funds**|**9**|10,706|||10,706|10,881|
|**Total funds**||10,706|971,955|1,207|983,868|1,016,893|





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|**Investment income**|**Unrestricted **|**Funds**|
|---|---|---|
||**`2020`**|**`2019`**|
||£|£|
|Interest--fixed interest securities|22,798|22,848|



|**4**|**Charitable activities income**|**Restricted **|**Funds**|
|---|---|---|---|
|||**`2020`**|**`2019`**|
|||`£`|`£`|
||Grants received|6,825|8,050|



|**5**|**Charitable activities expenditure**|**Restricted**|**Unrestricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**Fund**|**Funds**|**`2020`**|**`2019`**|
|||£|£|£|£|
||Meetings and education|7,000|3,057|10,057|14,232|
||Support costs (Note6)||4,296|4,296|4,200|
|||7,000|7,353|14,353|18,432|



|**Support costs**|**Unrestricted **|**Funds**|
|---|---|---|
||**`2020`**|**`2019`**|
||£|£|
|Honorarium-secretarial services|1,800|1,800|
|Officeexpenses|36|60|
|Governancecosts (Note7)|2,460|2,340|
||4,296|4,200|



|**Governance costs**|**Unrestricted **|**Funds**|
|---|---|---|
||**`2020`**|**`2019`**|
||`£`|`£`|
|Accounts preparation|1,515|1,440|
|Independent examination|945|900|
||2,460|2,340|





|**8**|**Investments**|**2020**|**2019**|
|---|---|---|---|
|||£|£|
||Market valueas at 1 January|959,337|814,612|
||Additions|10,916|11,445|
||Net investment (loss)/gain|(48,295)|133,280|
||Market valueat 31 December|921,958|959,337|
||Historic cost|830,591|822,971|



|**9**|**Funds**||||||
|---|---|---|---|---|---|---|
||**Current year**|**At1**|**Income**|**Expenditure**|**Net**|**At 31**|
|||**January**|||**loss on**|**December**|
|||**2020**|||**Investments**|**2020**|
|||£|£|£|£|£|
||**Accumulated fund**|1,003,708|22,798|(6,256)|(48,295)|971,955|
||**Designated funds:**||||||
||Lecturefund|2,304||(1,097)||1,207|
||**Restricted funds:**||||||
||Foodand Feed<br>Authenticity|8,781||||8,781|
||DEFRAprojects|2,100|6,825|(7,000)||1,925|
||Totalfunds|1,016,893|29,623|(14,353)|(48,295)|983,868|



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|**9**|**Funds (continued)**||||||
|---|---|---|---|---|---|---|
||**Prior year**|**At1**|**Income**|**Expenditure**|**Net**|**At 31**|
|||**January**|||**gain on**|**December**|
|||**2019**|||**Investments**|**2019**|
|||£|£|£|£|£|
||**Accumulated fund**|860,062|22,848|(12,482)|133,280|1,003,708|
||**Designated funds:**||||||
||Lecturefund|2,304||||2,304|
||**Restricted funds:**||||||
||Foodand Feed<br>Authenticity|8,781||||8,781|
||DEFRAprojects||8,050|(5,950)||2,100|
||Totalfunds|871,147|30,898|(18,432)|133,280|1,016,893|



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