2021-12-31-accounts

Contents			Page
Notice ofannual geneml meeting
Report ofthe 2021 President
Trustees, htain Committee, Officers and Advisers			4-5
Trustees' and Directors' annual report			6—10
Statement offinancial activities (incorporating	an income and expenditure	account)
Balance sheet			12
Notes to the financial statements			13-19
Report ofthe independent auditors			20-23

For	2022	the	scale	of	membership subscriptions Befom 1"	membership subscriptions Befom 1"	membership subscriptions Befom 1"	is as follows: On or after
						April		ia Apidl
						f20		F22
						$35		g38
						f41		f44
						85		g6

All Trustees that held office at any fime during the year am	All Trustees that held office at any fime during the year am	inembers ofthe Society.	inembers ofthe Society.	inembers ofthe Society.
As permitted by the Society's Memorandum ofAssociation,		during the year, indenmity insumnce
was in place to cover the liability ofTmstees and other officers in respect ofnegligence, default, breach oftiust or breach ofduty. The costofthis insurance amounted toEt,344(2020:f1,344).
Other information
Compiuiy Number	03884659
Charity Number	1081748
Registered Office	The Lodge, Chetwynd Deer Park,	Newport,	Shropshire TF108EU
Independeut Auditors	Dyke Yaxley Linuted, 8 Holliuswood Court, Staffoid Park 1,Telford,
	Sliropshire, TF3 3DE
Solicitors	FBCManby Bawdier LLP, Routh House,		Hall Coiut, Hafi Pink Way,
	Telford, Shropshire, TF34NQ
Bankers	Lloyds Bank pic, 95High Street,	Newport,	Shropshire, TF107AZ
Iuvestment Managers	Brewin Dolphin Securities Limited, 9 Coluiore Row, Birmingham			B3
	2BJ

			Unrestricted	Endowment	Total	Total
		Note	Funds	Funds	2021	2020
Income
Income fiom charitable	activities'.
Show income			14&942		14&942	12,306
Chetwynd Deer Park income			10,273	54,035	64,308	68,822
Investnient income		2	27&114	23,635	50&749	45,913
Total income			52&329	77,670	129&999	127,041
Expenditure
Costofraising funds:
Investment management		costs	4,981	4,766	9,747	8,245
Expenditure on charitable
activities:
Charitable activities		3	84&519	54&070	138,589	136,788
Total expenditure			89&500	58836	148&336	145,033
Gains (losses) on inveshnent		assets	82,770	54,132	136&901	(33,035)
Net income			45,599	72,966	118,565	(51,026)
Transfer between funds			18&834	(18&834)
Net movement in funds			64,433	54,132	118,565	(51,026)
Funds at 1January		8	898,964	1,717,668	2,616&632	2,667,658
Funds at31December		8	963,397	1,771,800	2,735,197	2,616,632

		Note	2021	2020
			8
Fixed assets
Tangible assets			877,275	883,655
Investments			1&821,825	1,676,715
Total fixed assets			2,699,100	2,560,370
Current assets
Debtors			9&337	4,709
Cash atbank			68&644	96,958
Total current assets			77,982	101,667
Creditors —amounts	falling due
within one year			(41,885)	(45,405)
Net current assets (liabilities)			36,097	56,262
Net assets			2,735&197	2,616,632
Represented by:
Funds
Endowment			l&771&880	1,717,668
Unrestricted			963&397	898,964
Total charity funds			2,735,197	2,616,632

Listed	investiuents	50,749
Interest	bearing accounts

3 Charitable expenditure	3 Charitable expenditure	3 Charitable expenditure	3 Charitable expenditure
				Staff		Other		Total	Total
				Costs		Costs	Depreciation	2021	2020
								f.
Charitable	activities',
Show and	Chetwynd		Deer Park	59,885		45,950	18,672	124,507	122,786
Governance	costs			7,419		6,193	470	14&082	14,002
				67,304		52,143	19)142	138,589	136,788
								2021	2020
Staffcosts	are analysed		as follows:
Wages and	salaries							65,255	66,929
Social security costs								7$2	1,257
Employer's	pension	contributions						1)267	1,275
								67,304	69,461
Average monthly number ofstaff
Other costs	relating to		activities in	furtherauce	ofthe charity's		objects
are analysed as follows:
Dhect show costs								8,2288,760
Property costs								9,985	4,421
Other costs								27,737	28,248
								45&950	41,429
Other costs	relating to		governance	are analysed	as follows:
Professional	fees
Auditors' remuneration								2,675	2,600
Other costs								3,518	3,382
								6)193	5,982

4 Tangible fixed assets
	Freehold
	Land and	Plaut and
	Buitdtngs	Equipment	Total
Cost		8	8
At 1 January 2021	1,014,164	111,805	1&125,969
Additions	11,034	1,729	12,763
Disposals
At31December 2021	1,025&198	113,534	1&138,732
Depi eoiation
At 1 January 2021	148&978	93&336	242,314
Charge for the year	14,719	4,424	19,143
Disposals
At31December 2021	163,697	97&760	261&457
Net book value
At31December 2021	861,501	15,774	877,275
At 31December 2020	865,186	18,469	883,655

5 Fixed asset investments	5 Fixed asset investments
			2021	2020
Listed investments			8
Market value at 1	January		1&607,106	1,537,458
Additions			342,605	380,281
Disposal proceeds			(246&043)	(292,795)
Net investment gains / (losses)			96&176	(17,838)
Market value at 31December			l&799,845	1,607,106
Historical cost at	31December		1,416,528	1,324,387
Listed investments	are represented	by:
Fixed Interest			252,308	404,219
Equities and Unit	Trusts		1&547,537	1,202,887
Total listed invesnnents			1,799,845	1,607,106
Cash deposits			21,980	69,609
			1&821&825	1,676,615

6 Debtors
		2021	2020
		8
Trade dehtois		1,838
VAT repayable		3,641	1,496
Prepayments	and accrued income	3,858	3,213
		9,337	4,709

ds
			Endowment
			Funds-
		Unrestricted	Boughey
		Funds-	Memorial
		Reserve	Endowment	Total
				g
At I January 2021		898,964	1,717,668	2,616,632
Incoming fimds		52,329	77,670	129,999
Funds used		(89,501)	(58,836)	(148,337)
Transfer between	funds	18,834	(18,834)
Other recognised	gains and losses	82,771	54,132	136,903
At 31December	2021	963)397	1&771)800	?,735,197

9	Analysis	ofnet	assets between	funds
						Net
				Tangible	Fixed	Current
				Fixed	Asset	Assets l
				Assets	Investments	(Liabgdties)	Total
						8
U&irsstricted		funds
Reseive Pbnd				15&774	925&303	22~321	963~398
Endowment		fii&ids
Boughey Manorial			Endowment	861,501	896,522	13,776	1,771,799
				877&275	1&821&825	36&097	2&735&197