2020-12-31-accounts - The British Deer Society

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COVER PAGE
CONTENTS
INDEX	Trustees Annual Report
	Administrative Details ofthe Society,
	Trustee/Directors and	Advisers
	Structure, Governance	and Management
	Objectives and Activities
	Achievements and Performance
	Plans for Future Periods
	Financial Review
	Chairman's Report			13
	Statement ofTrustees	Responsibilities		14
	Independent Examiners	Report		15
	Consolidated Statement	of Financial	Activities	16
	Consolidated Income and Expenditure		Account
	consolidated and Charity Balance Sheets			18
	Consolidated Statement	of Cash Flows
	Notes to the Financial Statements			20

					FO	RYEAR	ENDED 31DECEI/IBER 2020
							Unrestricted I'undo	nestrlcted
							eeneral oesloneted	funds	Total	Total
						Nots	Fund Funds		2010	2019
							8	8
Income from:
Donations and legaais0
Membem subscrfpnons	and Donanons						390,746		390,746	367,159
Legacies 8Spadflc Donations grants and Spdnsorshlp							5,555	1,949	1,949 5,555	58,976 a,if.i
Total Donations and	Legaoms						396301	l,a49	39S260	434,246
other Trading Activities
'Fundralslng							73 rf65		23,965	90,728
Trading Income							93,560		93,560	83,622
Total Other Trading	Activities						117528		117,525	174 50
Cirarftable Activities
Trnlnlng Income							76,716		76,716	156,378
Branch AcEvitfes							7,029		7,029	33,954
Invesbnents							12,645		12,645	10,857
Total Income							610,216	1949	612,165	809,785
Expenditure om
Raising Funds
Direct coals of nfndfafsfng			events			28	43,095		43,095	58,948
Membership Markenng	and		Data Management			28	146,188		146,188	187,840
Trading						28	77,968		73,968	53,478
							Z63 251		263251	300266
Cbarmable aotivniee
Research al Pubffc Fducauon						28	96,762	14,798	111460	144,092
Technlcol end advblory						28	87403		87,403	88,197
Media and Pubgortfons						28	109,065		109,065	95,021
Tmblln9						28	118,207		118,207	174,784
Other ActlVftles						28	37,704		37,704	62,832
							449,141	14,798	463 939	564926
Total							712392	14,798	727 190	865192
Net income / expenditure							t0 176	12849	115,025)	(55PI07)
Transfers between funds
Other recognised gains	/	(losses)
Unreagsad mains/iLoss)		on Investment			assefa		as 147			ae aeo
Raagsad Sahls/[Loss)	on	Investment		assets			(23I907)		(23,907)
							60,936	12849	73785)	[2,167)
BALANCES AT 17ANVAAT		2020					691,732 58,497	95,443	845,672	847,839
BALANCES AT31DECEMBER 2020							630796 58,497	82,594	771,887	845,672

					unaudited
			Notes	2020	2019
				5	E
INCOME
Subscrlptlons and Donations				390,746	367,159
Legadss				1,949	58,976
Training Income				76,716	156,378
Grants 6Sponsorship				5,555	8,111
Branch Adivltles				7,029	33,994
Trading Income				93,560	83,622
Auctiow 8. Draws				23,965	90,728
Investment income				12,645	10,857
Total Income				612165	809,785
COST UF GENERATING	FUNDS
Fund Raising costs			26	43,095	58,948
Membership Madmtlng snd		Data Management	28	146,188	187,640
Trading Costs			28	73,968	53,476
Charitable Activities
Research and Education			28	111,560	144,092
Technical 8 Advisory			28	87,403	88,197
Media 8 publications			26	109,065	95(021
TrahIlng			28	116,207	174(784
Other Activities			28	37,704	62,832
l'otal Cost ofGenerating		Funds		727 190	865,192
Gains and losses on investments				41,240	53,240
Net (deficit) / surplus for the Year				73785)	(2,16

		2020	2019
Cash Rows from operating actlvltlest
Net cash provided by (used In)
operating activities	32a	(56,823)	(53,838)
Cash flows from Investing activities:
Dividends, Interest and rents from Investments		12,645	10,857
Proceeds from sale of property, plant
and equipment		667	229
Purchase of property, plant and equipment		(32,656)	(16,691)
Proceeds from sale of investments		79,716
Purchase of Investments		(126,585)	(44,648)
Net cash provided by (used ln)		(66,213)	(50,253)
investing acthrltles
cash flows from financing activities:
Life membership subscnptions received		720	3I600
Net cash provided by (used in) financing	activities	720
Change ln cash and cash equivalents
in the reporting period		(122,316)	(100,491)
Cash and cash equivalents atthe beginning
ofthe reportIng period		435,274	535,765
Cash and cash equivalents at the end
ofthe reporting period		6312,958	6435,274

7	ZNVESTMENT INCOME	2020	2020		2019
		6
	Dividends received	12,406			10,169
	Interest receivable			231	679
	Received by Branches Total Investment Income	1	8 645		10 67
8	GOVEROIANCE COSTS	2020			2019
		6
	Audit				t2,250)
	Independent ExamlnsDon Fee and Other Sarvkes Grwemance costs ofsubsidlaltes		600 1,800		3,680 I,,560
	Legal and Frolasslonef Fees coals ofthe Boanl al Area coundls			35 0	1,861 941
	AGM ItStatutory Expenses		3,241 6 6'76		8,987 15,699

fnr the teals	ofapporu	onment and t	he analysis ofthe support sn	d governance co	als.
			General		Total	Basis of
			SUPPolt			AppoltlolUnent
Salaries and	rcdamd casts		155,669		155,669	AEsea ted on time
			122,95S		122,955	AEocated based on Usage
AccoUntancy	fees			2,400		Governance
Legal and professional		fees		39		Governance
AGN and meeEng expenses				3,2'l1	3,241	Governance
			278,824	5,676	284400

10 STAFF COSTS AND EMOLUMENTS	10 STAFF COSTS AND EMOLUMENTS											2020	2019
												5	5
Gross salaries												245,633	241,029
Employers National Insurance												21,129	21,662
Perwlon Contributions												12 439	21289
Total staff coals and Emoluments											279,201		283,980
Average head count oFemployees
Technical
SUPPoft
Governance
There are no employees with	emoluments	abave 5603I00
The trustees neither received	nor waived	any emoluments			during the year, however
tha foAowlng honomrm were	payable as	permkted under		the governing			document;
out ofpocket expenses were	reimbursed	to3(2019;	8)	trustees as follows							2020		2019
												0	0
TraveAlng 8Accommodation	etc.											1,608	10,233
During tha year the company	purchased	the part Ame	services of Mr.J.				Bruce as	part time
Scotthh ofAcer, from Bruce Countryside		Developments,		The total costs			Indudlng	travel	etc. amounted
toI7,498 (2019510,618)MrI. Bnrce m a director of Brum countryside							Developments		Uxl.
Also during the year the company purchased the pert			time		services	ol' Mr N Rout es Heed ofAssessment						Centra	(2019:nA)
from Orlon WAdAfe Umlted. The total costs amounted			to 52,250. Mr Raut ls a director at'						orlon WAdgfe		Umlted.
The mmpany also purchased	dudng the year, servkes		liam Mr. GrlfAth				es a part time Course manager					for E590
P019:52,695), N Rout far5620(2019:41,454), A Monkman for						5285 (20t9: nA) and			M Chsrlton	lbr		581 (2019;ng).
1INDEMNITY INSURANCE											2020
												5
chwtt lutdCtmdtyTnxstees	IndemNIT											I900

12 PENSION COSTS
The chadty operates s	d		egned		contrlbutlora	scheme,	The	assets of	the scheme			are held sapemtely
from those ofthe chmlty			In	en lmlependently		admlnhtered		fund.
The Society a(so pays	a	contribution to Sipp				scheme	on bshall' oFone employee,
The parisian costs represent				the contributions		payable	by	the charity to		the fund,			In 2019	these
mnounted to 512,439	(2019				L21,299)There	were no outstanding			or prepaid		conirlbuifons				at the	and of
of2020.
																2020		2019
																E		6
During the year the Ibgowlng					number ofemployees
scented retirement benefits				under tba Money		Purchase scheme
During the year the following					number ofemployees
accrued retirement beneflts				under their SIPP		scheme
13 NET INCOME																ZOZO		2019
																0		6
Net Income Is charged	wkh			following casts
DepreclaBon																25,241		31,424
Audkor's Remuneretfon
Fees for Audit Services																		(1,250)
Fees fbr Accountancy Total Charges		and		Other Services												2 400 27,841		5160 36,334
										2020							2019
14 INVESTMENTS								Sloop					Charity			Gr'oup		Chadty
								Usted					Usted			LSted		Usted
								Incesbnents					Investmenls			Investments		Invesbnerds
Mark*value st beginning			ofyear						564,341				564~1			451,031,		451,081
Addklons									90,661				90561					57,222
AmnnulaBon dbddends										1,462				lr462		2,946		2,948
Dlsposals									(t03,623)				(103,623)
Investment managemerrt			fees							(120)				P20)		(150)		(150)
Unresgsed gaaw/(Moses) on Madret value at snd oi' year				ravaluauon					65 147 617868				65 147 617BBS			53 5	240 41	53 240 5 341
Investment comprise:
Usted on the UK Stock	Exchange								547,740				547,/40			459,631		459,631
Crlsb daposns									70120 617868				70128 61786			104 0 64342		104,710 BS4341
Costat end ol' year									440	238			440	2SS		436	66	438 666

16	DEBTORS	Group	Group	Charity	Charity
		2020	2019	20RO	2019
		8		5	8
	Trade Debtors	21,436	2,247	21,436	458
	Other Debtors	6,835	41,610	d,835	41,618
	Prepaid Expenses	23,492	29,461	ZZ,838	17,831
	Taxatlon	1,217	1948	1,217	1,940
	Total Debtors	52 980	76+58	52 326	61SS9
17	BANK end CASH	Group	Group	Charity	Charity
		RORO	2015	2020	2019
				E
	Premium Account	37,076	78,135'	37,076	Terl35
	Cash In Hand and at Bank	205,754	252,429	203,254	249,929
	Total Sank eml Cash	242,830	SSB564	240330	328 064

CRE01TOSS AMOUNTS	CRE01TOSS AMOUNTS	FAUZNG DOE WITHZN		Group	Group	Charky	Charity
ONE TSAR				R020	R019	2020	2019
				p.	8		E
Trade credltom				18,885	39,665	17,967	34,563
Taxes and Other	Sod el	Security Costs		9,884	6ralZ	7,473	5r821
other CmdEiors				6,779	6,779	6,779	6,779
Alxnials				39,641	40,33Z	37,331	38,472
life Subscription	Fund under one year			3,268	3,492	3,268	3,492
Amounts ordng	to Subsldlorles					14,438	1,418
Deferred Income				gg 934	66 028	99934	66,028
				178,991	151708	187190	146575
			Page 27

		feOTES TO THE CONSOLIOAl'E VEAR HVOEO 31	feOTES TO THE CONSOLIOAl'E VEAR HVOEO 31	O FVIANCRAL STA OECENBER 2020	TEMENTS
19	CBEDRIORS, ANDUNTS ONE YEAR	F/ILLING Dlm OVER		GIODP 2020	Group 2019 6	Charity 2D20 6	Charity 2019 6
	Lffs Nembershlp fund Deferred Income			8,433 6 900 15 33	t0,98t 12 300 23@St	8433 6 900 15333	10981 12,300 23281
20	LIFE NENBERSHRP FUND			Group 2020	Group 2019	Charity 2020	Charity 2019
				8		6	9,
	Opening Batence Amount deferred In the Amount released In the Closing Balance	Year Year		14;473 720 (3,492) 1.1,701	14,686 3,600 (3,813) 14,473	14,473 720 (3,492) 11,701	14,686 3,600 (3/I(3) 14473
	Under one Year Over One Year Total			3,268 8,433 11,701	3,492 10,981 14,473	3468 9,433 11r701	3,492 10,981 14,473
	See Note 1(e)snd Note 21
2t	ANALYSIS OF CHAR1TY GROUP		NET ASSETS 86llslEEN Restricted Furrde	FUNDS Designated Funda	General Frlnda	Grasp 2020	Group 2019
	Group					9	8
	Fund Bskmces at31st Oecembef 2020
	are represented by Tangible lixed Assets Investlnml ts Sank and Cash Current Assets Currart UabRRIes Long Term Usbgltles		82rf94	58,497	42,377 61/,868 101,739 62,536 (178,391) (15,333)	42@77 617/)68 242/)30 62,536 (178,39t) (15~)	35,982 564441 330,564 89,T/4 (151,708) (23,281)
			82 894	5 497	830,796	771887	845 672
	ANALYSIS OF CHARLTY GROUP		NET A9SETS BETVREEN	FUNDS -2019COHPARATRVE Rsetrtcted Designated		Genera(	Group
				Furrrbl	Funda	Fonda	2D19
							5
	l3rolrp
	Fund Belances at 31stDecember 2019
	are repmsereed by 7 nglble fixed Assets tnvestmerrts Bank end Cash Culrellt Asseta Current Usblttles Long Term LlebEtles			95,443	68,497	35,992 564,34t 176,624 89,774 (151,708) (23r281)	564~i 330,564 89,774 (151,708) (23,281)
				95,443	58,487	692,732	845,672

CHARITY ONLY		31December 2920	31December 2920	31December 2920	Balance							BIBBIIUB
					1stJanuary	TrsAsfel's		lnca	me	Expenditure	gains	31stOec,
					P.		g	0		B
Barrels I Fund					605,592			527,832		626,364	41,240	548,290
Funds held by Brarlches					76,090				6,417	12,041		72,466
Total ofGeneral	Fund				681,682			536,249		630,425	41,240	620,746
De fglrstad
Stall ConBngency		Fund			40,000							40,000
Educallon and Research			Fund		18497							10 97
					50,497							58,497
Asstrfcted
J.Tayfor Papa Bumary					53,030							53.030
Legacy Endowment Research Pmleds		Fund			41,953				1,949	14,790		29,204
Branch Funds					460
					9,44				,949	24,790		02,594
								uaa	oa	sga 323	4124U	701,037
30 GENERAI DESIGNATED				AMO RB5TRXCTED	FUNDS
GROUp 31Decmnber			2020		Balance							Balance
					Jm JenuerY	Tran	fees	lncama		tbmandltma	Balue	01stDec.
											0	8
General Fund					605/92			508,239		606,791	41,240	545,200
Funrh hald hy Brunches					76,090			8,417		JZP42		72,466
Furst hAld by 5ruuudfmy					10,050			93,560		93,560		10,050
Total ofGanef sf FUAd					69, 32			61,216		722392	41,240	630,7
Desfgneted
Sudf Contingency Fund Educauun and Resasrdl			Fund		40JOO 10497							40,000 JB497
					50,497							0,497
Ractdclsd
J.Taylor page Bursary					53,030							53,030
Legacy EAdawm ant		Hind			42 rGS			1,949		14,798		29,1OI
ReseBKh Ploisdu
BraAch FUAds					460
					95,443			,94g		14,790
					84B6?2			012	BB	72719	'112'lp	771807

CHARITY ONLY 31December 2019	CHARITY ONLY 31December 2019	CHARITY ONLY 31December 2019	Balance							Balance
			1stJanuary	Transfem	Incame	Expenditure		Gaf/w		31stDac.
				E				6		E
General Fund			tvl2,271		659/t87	749,406		53,240		605492
Funds hakl by Brsnchm					37,044		39,190			76,090
Total of General Fund			719,707		697+31	' 788+9			, 40	68,682
Deelgnatod
Staff ceattngency I'und Educsdan nd Resmrch		Fund	40,000 18497							40,000 18497
			58,497							8,497
Restricted
Jzaylor Page Bursary Legacy Endowment Fund Research projects			53E25 5,600		58,976		295 22,823			53/f30 41,953
Branch Funds
			sg,ses				,118			95,443
			837789		766307	at	714	asian
30 GENERAL, DESIGNATED		AND RESflGCYED	FUNDS-2019	COMPARATIVE
GROUP 31Decmnber	2019		Balance 1stJanuary	Tmn aI'ere	Income					Bala//ca 31stDec.
				E						E
Genenrl Rmd			642,271		629443	719,462		53,240		605,592
Funds held by Branches			77,436		3/7/44	39,190				76,0M
Funds hekl by Subsldfarv			10,050		83,622	83,622				10,050
Total ofGeneral Fund			7,7		750,809	842,074			,240	691, 32
Daalgrlatad
Staff Conungency H/nd Educatke and Research	Fund		40,000 I 49							40,000 18 7
Rest/lclatl
J.Taylor Page Bursary Leaser Endawmsnt Fund Roses/ch Projects			53+25 5,000		58,976		295			53,030 41,953
Branch Funds										460
					58 rl76	23,ite
			84'7 39		80978	868192		53	240	845872

32 NOTES TO THIE CASH FLOW STATEMENT	32 NOTES TO THIE CASH FLOW STATEMENT	32 NOTES TO THIE CASH FLOW STATEMENT			2020	2019
a.	Re«oncillatlon uf net Income / (expenditure)			to net cash
	flow from opere«fog actlvftles
	Net Income/ (expenditure For the reporting		period	(as per the
	statement of Hnandaf acthdtfes)				(73,785)	(2,167)
	Depreclatlon charges				25,241	3i,424
	(Gains) / losses on Investments				(41,240)	(53,240)
	Dlvldends, Interest snd rents from Investments				(12,645)	(10,857)
	Loss / (profit) on sale of' fixed assets				353	(229)
	Lffe membership Income				(3,492)	(3,813)
	(Increase) / decrease In stocks				4,960	117
	(Increase) / decrease In debtors				22,278	251
	Increase/ (decrssse) In creditors				21,507	(15,324)
	Net cash prov(dad by (used In) operating	actlvltles			(56,823)	(53/738)
b.	Analysis ofcash end cash equhralents
	Brokers' deposit accounts				70,128	104,710
	Cash at bank and In hand				242,830	330,564
	Total cash and cash equivalents				312,958	435,274

					unrestricted Funda	Reentered
					Sane ra I Designated	Funds	Total
				Nota	Fund Funds		2019
					5 5
Income 0'omr
DanaVons and legacies
Members subscrlptlons	and Donations				367,159		36r7,159
Legades ILSpecglc Donations						58,976	58,976
r Gmrltl and Sponsorship					8,111		8,111
Total Danatlomr and	Legacies				375270	58976	434,246
Other Trading Acthrltlee
Fundralslng events Aurtlons			and Draws		90,728		90,728
Trading income				6	83,622		83,622
Total Other Trading	Acthrltles				174,360		174 50
charitable Acttvitles
Training Income					156,378		156,378
Branch Activities					33954		33,954
tnvastmente				7	10,857		10,857
Total Incame					760,809	58,976	009785
Expenditure an:
Raising Furlds
Direct mats offundralslng		events		28	58,948		58,948
Membership Marketing	snd	Data Management		28	187,840		187+40
Trading				28	53,478		53,478
					300,266		300,266
Charitable actlvlVes
Research 8public Education				28	120,974	23,11,8	144,092
Technical and advlsotT				28	88,197		88,197
Media and Publications				28	95,021		95/I2I
Training				26	174,784		174,784
Other ACVVRlav				28	62,832		62+32
					541808	73 118	564928
Tohsl					842,074	23118	865,192
Net Income / expendNure					91265	S5858	55,40
Transfers between funds
Other mc urdsed sales	/ (losses)
tgalrm/(Loss) on lnveshnent			assets		53,240		53,240
					38,D25	35858	2,167
BALANCES AT 17ANUARV 2019					729,757 58r497	59r585	847r839
BALANCES Al' 31DECEMBER2019					691732 58497	S6,443	845 672
					Page 35