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|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|
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|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|
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|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||||
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||||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|
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|||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|
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|Listed|investiuents|50,749|
|---|---|---|
|Interest|bearing accounts||
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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