2021-12-31-accounts - The British Deer Society

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Administrative Details ofthe	Society, Trustee/Directors	Society, Trustee/Directors
Structure, Governance and	Management		3to6
Objectives and Activities			6 to 7
Achievements and Performance			7to11
Plans for Future Periods			12
Financial Review			12to 13
Chairman's Report			14to 15
Statement ofTrustee/Directors'		Responsibilities	16
Independent Examiners Report			17to 18
Consolidated Statement of Financial	Activities		19to 20
Consolidated and Charity Balance Sheets			21 to2
Consolidated Statement ofCash Flows			23 to 24
Notes to the Financial Statements			25 to 50

(Including Co	nsolida	ted In	come and Ex	penditure A	ccount)
			Unrestricted	Restricted	Designated	Total
		Note	funds	funds	funds	2021
				F
Income and Endowments		from:
Donations and legacies		3	415,160	39,380		454,540
Charitable activities		4	204,570			204,570
Other trading activities		5	65,091			65,091
Investment income		6	13,575			13,575
Total income			698,396	39,380		737,776
Expenditure on:
Raising funds			(185,630)	(32,386)	(5,451)	(223,467)
Charitable activities			471,097		9,549	480,646
Total expenditure			(656,727)	(32,386)	(15,000)	(704,113)
Net gains/(losses)	on
investment assets			70,289			70,289
Net income/(expenditure)			111,958	6,994	15,000	103,952
Net movement in funds			111,958	6,994	(15,000)	103,952
Reconciliation of	funds
Total funds brought	forward		630,797	82,594	58,497	771,888
Total funds carried	forward	22	742,755	89,588	43,497	875,840

			Unrestricted	Restricted	l3eslgnated	Totai
			funds	funds	funds	2020
llncome and Endowments		frorm:
Donations and legacies		3	396,302	1,949		398,251
Charitable activities		4	83,745			83,745
Other trading activities		5	117,525			117,525
Investment income		6	12,645			12,645
Total income			610,217	1,949		612,166
Expenditure on:
Raising funds			(263,251)			(263,251)
Charitable activities			449 141	14,798		463939
Total expenditure			(712,392)	(14,798)		(727, 'I 90)
Net gains/(losses)	on
investment assets-	.		41,240			4'l,2'40
Net expenditure			60,935	12,849		73,784
Net movement in funds			(60,935)	(12,849)		(73,784)
Reconciliation offunds
Total funds brought	forward		691,732	95,443	58,497	845,672
Total funds carried	forward	22	630,797	82,594	58,497	771,888

IFinced assets
intangible assets					14	12,608	19,762
Tangible assets					15	16,700	22,615
Investments					16	633,135	547,740
							590,117
Current assets
Stacks					'i7	15,921	9,556
Debtors					18	21„509	52,979
Cash at bank and in	hand				19	355,226	312,957
						,392,656	375,492
Creditors: Amounts	falling		dlue wiiihin one year		20	174,094	178,388
Net current assets						218,562	197,104
Yotal assets lless current llialbiliities						88l,005	787221
Creditors. " Amounts	fallilng		due after	more than one	year 21	5,165
iMet assets						875,840	771,888
IFunds of the group:
Designated funds						43,497	58,497
Restricted ilncome funds
Restricted funds						89,588	82,594
Unrestricted income	funds'
Unrestricted funds						742,755	630,797
Yotal funds					22	875 840	771 888
Forthe year in question,		the	charitable	company was entitled to exemptian		from an audit under section
477ofthe Companies	Act 2006.

Fixed assets
Intangible assets			14	12,608	19,762
Tangible assets			15	16,700	22,615
Investments			16	633135	547,740
				662,443	590,117
Current assets
Stocks			17	2,306	1,459
Debtors			18	22,904	62,325
Cash at bank and in hand			19	352 720	310,457
				377,930	374,241
Creditors: Amounts	falling due within one year		20	169418	187,187
Net current assets				208 512	187,054
Total assets lless current		liabilities		870,955	777 171
Creditors: Amounts	falling due after more than one		year 21	5 165	15,333
Net assets				865,790	761,838
Funds ofthe charity:
Designated funds				43,497	58,497
Restricted income funds
Restricted funds				89,588	82,594
Unrestricted income	funds
Unrestricted funds				732,705	620,747
Total funds			22	865,790	761 838

					2020
			Note
Cash flows from operating	activities
Net cash income/(expenditure)				103,952	(73,784)
Adjustments to cash flows	from non-cash	items
Depreciation				10,272	10,591
Amortisation				16,416	14,650
Revaluation of investments				(63,309)	(41,240)
Investment income				13,575	12,645
				53,756	(102,428)
Working capital adjustments
Increase in stocks			16	(6,365)	4,960
Decrease/(increase) in debtors			17	31,471	22,278
(Decrease)/increase in creditors			19	(36,500)	18,015
(Decrease)/increase in deferred income				22,038
Net cash flows from operating	activities			64,400	57,175
Cash flows from investing activities
Purchase of intangible fixed assets Purchase oftangible fixed assets Sale oftangible fixed assets			13 14	(9,261) (4,359)	(27,347) (5,309) 1,020
Purchase of investments Proceeds from sale of investments				(36,406) 14,320	(126,585) 79,716
Income from dividends				13,575	12,645
Net cash flows from operating	activities			22 131	65,860
Cash flows from financing activities					720
Net increase in cash and cash	equivalents			42,269	(122,315)
Cash and cash equivalents at	1 January			312,957	435,272
Cash and cash equivalents at	31 December			355,226	312,957

Year Ended 31 Dece	mber 2021
			Note	2021	2020f
Cash flows from operating	activities
Net cash income/(expenditure)				103,952	(73,784)
Adjustments to cash flows	from non-cash	items
Depreciation				10,272	25,241
Amortisation				16,416	14,650
Revaluation of investments				(63,309)	(41,240)
investment income				13,575	12,645
				53,756	(102,428)
Working capital adjustments
Increase in stocks			16	(847)	4,960
Decrease/(increase) in debtors			17	39,422	22,278
(Decrease)/increase in creditors			19	(49,975)	18,015
(Decrease)/increase in deferred income				22,038
Net cash flows from operating	activities			64,394	57,175
Cash flows from investing activities
Purchase of intangible fixed assets			13	(9,261)	(27,347)
Purchase oftangible fixed assets			14	(4,359)	(5,309)
Sale oftangible fixed assets					1,020
Purchase of investments				(36,406)	(126,585)
Proceeds from sale of investments				14,320	79,716
Income from dividends				13,575	12,645
Net cash flows from operating	activities			22,131	65,860
Cash flows from financing activities					720
Net increase in cash and cash	equivalents			42,263	(122,315)
Cash and cash equivalents at	1 January			310,457	432,773
Cash and cash equivalents at	31 December			352,720	310,457

residual value, ofea	ch asset evenly over its expected u	seful life: as follows:-
Asset class		Depreciation	method	and rate
Computer equipment		3years
Office equipment		5 years
Films and library		5years
Show equipment		5years
Motor vehicles		5 years
Leasehold premises	over the period ofthe lease	4 years
Equipment held by branches		up to 5 years

		Unrestricted
		funds	Restricted	Total
		General F	funds	2021f
Donations and legacies;
Subscriptions		338,065		338,065
Donations		20,594		20,594
Gift aid tax recovered		54,146		54,146
Sponsorship	receivable
Lonsdale Trust income receivable		2,355		2,355
Legacies			39,380	39,380
		415,160	39,380	454.540

		Unrestricted
		funds	Restricted	Total
		General	funds	2020
			F
Donations and legacies;
Subscriptions		301,307		301,307
Donations		29,194		29,194
Gift aid tax recovered		60,245		60,245
Sponsorship	receivable	3,000		3,000
Lonsdale Trust income receivable		2,555		2,555
Legacies			1,949	1,949
		396,302	1,949	398,251

4 Inco	me from charitable activities
		Unrestricted
		funds	Total
		General	2021
		F
Training	income	203,170	203,170
Branch	activities	1,400	1,400
		204,570	204,570
		Unrestricted
		funds	Total	.
		General f.	2020f
Training	income	76,716	76,716
Branch	activities	7,029	7,029
		83,745	83,745

Fundraising
Trading income

Fundraising
Trading income

Unrestricted
funds	Total
General	2021
65,091	65,091
65,091	65,091
Unrestricted
funds	Total
Generalf	2020
23,965	23,965
93,560	93,560
117,525	117,525

6 Invest	men	t	inco	me
						Unrestricted
						funds	Total
						General	funds
						F
income from		dividends;
Dividends	receivable			from other listed investments		13,575	13,575
Total for	2021					13,575	13,575
						Unrestricted
						funds	Total
						Generalf	funds
income from		dividends;
Dividends	receivable			from other listed investments		12,645	12,645
Total for	2020					12,645	12,645
7 Expenditure			on raising funds
				Unrestricted
				funds	Restricted	Designated	Total
				General	funds	funds	funds
				E		F
Donations				25,350		1,604	26,954
Membership,		marketing
and data	management			95,189	32,386	3,847	131,422
Trading				65,091			65,091
Total for	2021			185,630	32,386	5,451	223,467

		Unrestricted
		funds	Restricted	Designated	Total
		General	funds	funds	funds
Donations		43,095			43,095
Membership,	marketing
and data management		146,188			146,188
Trading		73,968			73,968
Total for 2020		263,251			263,251

	Unrestricted
	funds	Restricted	Designated	Total
	General	funds	funds	funds
Research and education	111,907		1,190	113,097
Technical and advisory	93,359		6,418	99,777
Media and publications	105,272		1,063	106,335
Training	133,614			133,614
Other activities	23,428		637	24,065
Deer initiative	3,517		241	3,758
Total for 2021	471,097		9,549	480,646

	Unrestricted
	funds	Restricted	Designated	Total
	General	funds	funds	fundsf
Research and education	96,762	14,798		111,560
Technical and advisory	87,403			87,403
Media and publications	109,065			109,065
Training	118,207			118,207
Other activities	37,704			37,704
Deer initiative
Total for 2020	449,141	14,798		463,939

			2021	2020
Independent	examination fees and other services		600	600
Governance	costs of	subsidiaries	1,805	1,800
Legal and professional		fees	35	35
AGM and statutory expenses			'I0,826	3,241
			13,266	5,676

Support cos	ts allocate	d to	raising funds
				Governance	General	Total	Total
			Basis of	costs	support.	2021	2020
			allocation
Salaries and	related costs		Allocated based upon time		115,177	115,177	155,669
General office expenses			Allocated based upon usage		93,009	93,009	122,955
Accountancy	fees		Governance	2,405	11,760	14,165	2,400
Legal and professional		fees	Governance	35		35	35
AGM and meeting expenses			Governance	10,826		10,826	3,241
				13,266	219,946	233,212	284,300

		2021	2020
Gross salaries		267,559	245,633
Employers National	Insurance	26,910	21,129
Pension Contributions		11,330	12,439
Total staff costs and	emoluments	305,799	279,201
Average head count	ofemployees
Technical
Support
Governance

, of2021.		,
					2021 f	2020 f
During the year the following		number	of employees	accrued retirement
benefits under the Money Purchase			Scheme
During the year the following		number	ofemployees	accrued retirement
benefits under the SIPP Scheme
13Net income
Net income is charged	with	the following costs			2021f	2020f
Depreciation					10,272	10,591
Amortisation					16,416	14,650
Fees for accountancy	and other services				2,400	2,400
					29,088	27,641

Group
	Website		&other
	intangible		asset	Total
Cost
At 1 January 2021		101,184		101,184
Additions			9,261	9,261
At 31 December 2021		110,445		110,445
Amortisation
At 1 January 2021			81,421	81,421
Charge for the year			16,416	16,416
At 31 December 2021			97,837	97,837
Net book value
At 31 December 2021			12,608	12,608
At 31 December 2020			19,762	19,762
Charity
	Website	Lother
	intangible		asset	Total
			F
Cost
At 1 January 2021	101,184			'I01,184
Additions			9,261	9,261
At 31 December 2021	110,445			110,445
Amortisation
At 1 January 2021			81,421	81,421
Charge for the year			16,416	16,416
At 31 December 2021			97,837	97,837
Net book value
At 31 December 2021			12,608	12,608
At 31 December 2020			19,762	19,762

15Tangible fixed asset	s
	Land and	Training	Motor	Computer	Office	Branch
	buildings	equipment	vehicles f	equipment Z	equipment	assets	Total
Cost
At 1 January 2021	102,619	30,154	24,883	25,089	27,436	51,130	261,311
Additions				654		3,705	4,359
At 31 December 2021	102,619	30,154	24,883	25,743	27,436	54,835	265,670
Depreciation
At 1 January 2021	102,619	28,455	14,891	22,879	24,872	44,982	238,698
Charge for the year		1,360	4,977	1,720	766	1,449	10,272
At 31 December 2021	102,619	29,815	'I9,868	24,599	25,638	46,431	248,970
Net book value
At 31 December 2021		339	5,015	1,144	1,798	8,404	16,700
At 31 December 2020		1,699	9,992	2,210	2,564	6,148	22,613

	Land and	Training	Motor	Computer	Office	Branch
	buildings	equipment	vehicles	equipment	equipment	assets	Total
		F			F	F	F
Cost
At 1 January 2021	102,619	30,154	24,883	25,089	27,436	51,130	261,311
Additions				654		3,705	4,359
At 31 December 2021	102,619	30,154	24,883	25,743	27,436	54,835	265,670
Depreciation
At 1 January 2021	102,619	28,455	14,891	22,879	24,872	44,982	238,698
Charge for the year		1,360	4,977	1,720	766	1,449	10,272
At 31 December 2021	102,619	29,815	19,868	24,599	25,638	46,431	248,970
Net book value
At 31 December 2021		339	5,015	1,144	1,798	8,404	16,700
At 31 December 2020		1,699	9,992	2,210	2,564	6,148	22,613

Group
	2021	2020
Other investments	633,135	547,740
Other investments
	Listed
	investments	Total
Cost or Valuation
At 1 January 2021	547,740	547,740
Revaluation	63,309	63,309
Additions	36,406	36,406
Disposals	14,320	14,320
At 31 December 2021	633,135	633,135
Net book value
At 31 December 2021	633,135	633,135
At 31 December 2020	547,740	547,740

Notes to the Financial Statements Year Ended 31 December 2021
Charity
	2021	2020
Other investments	633,135	547,740
Other investments
	Listed
	investments	Totalf
Cost or Valuation
At 1 January 2021	547,740	547,740
Revaluation	63,309	63,309
Additions	36,406	36,406
Disposals	14,320	14,320
At 31 December 2021	633,135	633,135
Net book value
At 31 December 2021	633,135	633,135
At 31 December 2020	547,740	547,740

17Stock
		Group		Charity
	2021	2020	2021	2020
		F		f,
Stocks	15,921	9,556	2,306	1,459
18Debtors
		Group		Charity
	2021	2020	2021	2020
	Z
Trade debtors	1,241	21,279	270	21,279
Due from group undertakings			2,366	10,000
Prepayments	20,268	23,649	20,268	22,995
VAT recoverable		1,217		1,217
Other debtors		6,834		6,834
	21,509	52,979	22,904	62,325

			Group		Charity
		2021	2020	2021	2020f
Cash at bank		355,226	312,957	352,720	310,457
20 Creditors:	amounts	falling due within one year
			Group		Charity
		2021	2020	2021	2020
		E			F
Trade creditors		14,245	18,885	13,513	17,967
Due to group undertakings					14,438
Other taxation	and social
security		16,915	9,884	14,471	7,473
Life subscription	fund	3,268	3,267	3,268	3,267
Other creditors		526	6,779	526	6,779
Accruals		7,000	39,638	5,500	37,328
Deferred income		132,140	99,934	132,140	99,934
		174,094	178,388	169,4'I 8	187,187

21 Creditors: a	mounts falling d	ue after one year
			Group		Charity
		2021	2020	2021	2020
Life Subscription	fund	5,165	8,433	5,165	8,433
Deferred income			6,900		6,900
		5,165	15,333	5,165	15,333

Group
		Balance at 1		Incoming	Resources	Balance at 31
		January	2021 F	resources	expended	December 2021 f
Unrestricted	funds
General		630,797		768,685	(656,727)	742,755
Restricted	funds		82,594	39,380	(32,386)	89,588
Designated	funds
Expendable			58,497		15,000	43,497
Total funds		771,888		808,065	704,113	875,840
		Balance at I		Incoming	Resources	Balance at 31
		January	2020	resources	expended	December 2020
						F
Unrestricted	funds
General		691,732		651,457	(712,392)	630,797
Restricted	funds		95,443	1,949	(14,798)	82,594
Designated	funds
Expendable			58,497			58,497
Total funds		845,672		653,406	727,190	771,888

Charity
		Balance at 1	Incoming	Resources	Balance at 31
		January 2021	resources	expended E	December 2021 f
Unrestricted	funds
General		620,747	742,030	(630,072)	732,705
Restricted	funds	82,594	39,380	(32,386)	89,588
Designated	funds
Expendable		58497		15000	43,497
Total funds		761,838	781,410	677,458	865,790
		Balance at 1	Incoming	Resources	Balance at 31
		January 2020	resources	expended	December 2020
		P
Unrestricted	funds
General		681,682	577,489	(638,424)	620,747
Restricted funds		95,443	1,949	(14,798)	82,594
Designated	funds
Expendable		58,497			58,497
Total funds		835,622	579,438	653,222	761,838

Group
					Total funds at
	Unrestricted		funds	Restricted	31 December
	General	Designated		funds	2021
			E	E
Intangible fixed assets	12,608				12,608
Tangible fixed assets	16,700				16,700
Fixed asset investments	633,135				633,135
Current assets	244,571		58,497	89,588	392,656
Current liabilities	(174,094)				(174,094)
Long term liabilities	5,165				5,165
Total net assets	727,755		58,497	89,588	875,840
					Total funds at
	Unrestricted		funds	Restricted	31 December
	General	Designated		funds	2020
	E		E	E	E
Intangible fixed assets	19,762				19,762
Tangible fixed assets	22,615				22,615
Fixed asset investments	547,740				547,740
Current assets	234,401		58,497	82,594	375,492
Current liabilities	(178,388)				(178,388)
Long term liabilities	15,333				15,333
Total net assets	630,796		58,497	82,594	771,888

Charity
					Total funds at
	Unrestricted		funds	Restricted	31 December
	General	Designated		funds	2021
Intangible fixed assets	12,608				12,608
Tangible fixed assets	16,700				16,700
Fixed asset investments	633,135				633,135
Current assets	244,845		43,497	89„588	377,930
Current liabilities	(169,418)				(169,418)
Long term liabilities	5,165				5,165
Total net assets	732,705		43,497	89,588	865,790
					Total funds at
	Unrestricted		funds	Restricted	31 December
	General	Designated		funds	2020
intangible fixed assets	19,762				19,762
Tangible fixed assets	22,615				22,615
Fixed asset investments	547,740				547,740
Current assets	233,150		58,497	82,594	374,241
Current liabilities	(187,187)				(187,187)
Long term liabilities	15,333				15,333
Total net assets	620,747		58,497	82,594	761,838

25 Commercial trading	operations and investment in tra	ding subsidiaries	ding subsidiaries
		BDS(S&S)Ltd
		2021f	2020 F
Total income		65,091	93,560
Less direct expenditure		40,307	69.102
Total income		24,784	24,458
Administrative costs		24,334	23,558
Profit/loss before interest	and taxation	450	900
Interest		450	900
Profit after interest and taxation
Donation to parent under	Gift Aid
Retained in subsidiary
		BDS(S&S)Ltd
		2021	2020
Retained profit for the financial year
Balance brought forward	at 1 January 2021	10,050	10,050
Retained in subsidiary		10,050	10,050

	BDS(S&S)Ltd	BDS(S&S)Ltd
	2021	2020
Fixed assets
Net current assets	20,050	20,050
Liabilities over one year
Secured loan from parent	10,000	10,000
Total net assets	10,050	10,050