2021-01-31-accounts - Hawk Conservancy Trust Limited

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Name:				The Hawk Conservancy	Trust	Limited,	Limited,	known	as	as
				The Hawk Conservancy
Address:				The Hawk Conservancy,	Sarson Lane,			Weyhill,		Andover,
				Hampshire,	SP11 BDY
Directors:
				Mr M S Dryden
				Mr N H Gent	(resigned		31	December 2020)
				Mrs J A Hughes	(appointed		6	March	2020)
				Mr A Johnson
				Mr SJones
				Mr A R O'Hagan
				Mr D Sharp	(resigned		31	December 2020)
				Mr G Wyles
President:				Mr C Packham
Vice-Presidents:				Mr M Anderson
				Mr J Ellicock
				Major N Lewis MBE
				Mrs S Rowe
				Mr M Shellard
Executive	Life President:			Mr A Smith
Company	Secretary:			Miss A Rodgers
Chief Executive		Officer:		Ms P Smout
Advisers:		Bankers		Nat West pic, 48 Blue Boar Row, Salisbury,					Wiltshire, SP1 1DF
		Auditors		Fletcher & Partners, Crown Chambers,				Bridge		Street,
				Salisbury SP1 2LZ
		Stockbrokers:		Rathbones, Port of Liverpool		Building,		Pier	Head, Liverpool,		L3 1NW
Number:		Registered	Charity Number 1092349
		Registered	Company Number 04304161

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
			Note	2021	2021	2021	2020
INCOME AND EXPENDITURE
INCOME FROM:
Donations and legacies				251,202	58,672	309,874	450,180
Charitable activities				402,583		402,583	858,835
Other trading activities:
Commercial trading	operations			337,847		337,847	557,530
Investment income				18,446		18,446	27,541
Other income				559,619		559,619
Total income				1,569,697	58,672	1,628,369	1,894,086
EXPENDITURE ON:
Costs of raising funds
Costs ofgenerating	voluntary		income	63,858		63,858	148,483
Commercial trading	operations			376,874		376,874	544,010
Charitable activities				953,714	113,385	1,067,099	1,169,926
Total expenditure				1,394,446	113,385	1,507,831	1,862,419
Net Income/ (expenditure)		before	gains and	175,251	(54,713)	120,538	31,667
losses on Investments
NET GAINS/(LOSSES)	ON	INVESTMENTS
Unrealised				19,069		19,069	11,655
Realised				511		511	14,043
Net income/(expenditure)				194,831	(54,713)	140,118	57,365
Transfers between funds
Net movement in funds				194,831	(54,713)	140,118	57,365
Reconciliation offunds:
BALANCES AT 1 FEBRUARY 2020				1,246,719	422,780	1,669,499	1,612,134
BALANCES AT 31 JANUARY 2021				61,441,550	F368,067	61,809,617	F1,669,499

				Group	Group	Charity	Charity
			Note	2021	2020	2021	2020
FIXEDASSETS
Tangible assets			11	803,480	727,450	778,332	727,450
Investments			12	275,154	255,017	275,155	255,018
				1,078,634	982,467	1,053,487	982,468
CURRENT ASSETS
Stock			13	73,877	65,632	6,810	6,810
Debtors			14	456,465	140,060	628,232	304,741
Cash at bank and	in	hand	15	1,048,848	1,043,582	1,007,431	932,421
				1,579,190	1,249,274	1,642,473	1,243,972
CREDITORS: Amounts		falling
due within one year			16	542,551	503,670	578,346	498,380
NET CURRENT ASSETS				1,036,639	745,604	1,064,127	745,592
CREDITORS: Amounts		falling
due after more than		one year	17	305,656	58,572	305,656	58,572
TOTAL ASSETS				61,809,617	61,669,499	61,811,958	51,669,488
Representing:
RESTRICTED FUNDS			19	368,067	422,780	368,067	422,780
UNRESTRICTED FUNDS			19	1,441,550	1,246,719	1,443,891	1,246,708
TOTAL FUNDS				61,809,617	61,669,499	F1,811,958	61,669,488

		Note	2021		2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash	provided by (used in)
operating	activities	24a		(89,570)	242,109
CASH FLOWS FROM INVESTING		ACTIVITIES
Dividends	and interest from investments		18,446		27,541
Proceeds	from the sale of property,
plant and	equipment				75
Proceeds	from the disposal of investments		173,947		124,147
Purchase	of investments		(172,551)		(144,611)
Purchase	of property, plant and	equipment	(162,476)		(62,476)
Net cash	provided by (used in)
investing	activities			(142,634)	(55,324)
CASH FLOWS FROM FINANCING		ACTIVITIES
Repayment of bank loans			(5,595)		(38,836)
Interest paid			(4,982)		(6,985)
Tax paid					(1,043)
Increase	in bank loan		250,000
Net cash	provided by (used in)
8nanclng	activities			239,423	(46,864)
CHANGE IN	CASH AND CASH EQUIVALENTS
IN THE REPORTING PERIOD		24b		67,219	6139,921
CASH BROUGHT FORWARD				1,046,858	906,937
CASH CARRIED FORWARD		24c		1,054,077	1,046,858

The charity is a company limited by guarantee and has member in the event ofa winding up is limited to 61. no	The charity is a company limited by guarantee and has member in the event ofa winding up is limited to 61. no	The charity is a company limited by guarantee and has member in the event ofa winding up is limited to 61. no	share capital. The liability o	feach
DONATIONS AND LEGACIES			2021	2020
Subscriptions			128,611	144,882
Donations			118,861	63,240
Legacies			730	90,781
Designated	Donations	- RNBP	29,991	66,214
Designated	Donations	- IVP	20,740	38,581
Designated	Donations	- SA	7,941	10,800
Designated	Donations	- Education		2,154
Designated	Donations	- Other		8,981
Grants			3,000	24,547
			f309,874	5450,180
INCOME FROM CHARITABLE ACTIVITIES			2021	2020
Admissions			196,070	490,450
Sponsorship			85,526	26,769
Special events			120,987	341,616
			6402,583	f858,835

5.	INVESTIIIIENT INCOINE	INVESTIIIIENT INCOINE	2021	2020
	Rent receivable		11,375	15,653
	Dividend income		3,230	7,913
	Bank interest		3,841	3,975
			618,446	F27,541
6.	OTHER INCOIIIIE
	Covid-19 insurance	claim	500,000
	CJRS Grants		59,619
			6559,619

ANALYSIS OF EXPENDIT	ANALYSIS OF EXPENDIT	URE BYEXPE	NDITURE TY	PE
Current year		2021	2021	2021	2021	2020
		Staff costs	Direct costs	Support costs	Total	Total
Expenditure	on raising
voluntary income			13,835	50,023	63,858	148,483
Expenditure	on fundraising
trading		184,128	94,797	97,949	376,874	544,010
Cost of raising funds		184,128	108,632	147,972	6440,732	6692,493
Conservation		112,771	85,369	65,188	263,328	481,906
Education		199,426	846	65,188	265,460	227,367
Research		199,426	(1,540)	65,187	263,073	228,775
Rehabilitation		199,426	10,625	65,187	275,238	231,878
		711,049	95,300	260,750	61,067,099	F1,169,926
		895,177	203,932	408,722	1,507,831	1,862,419
Prior year		2020	2020	2020	2020
		Staff costs	Direct costs	Support costs	Total
Expenditure	on raising
voluntary income			33,094	115,389	148,483
Expenditure	on fundraising
trading		219,244	203,784	120,982	544,010
Cost ofraising funds		219,244	236,878	236,371	6692,493
Conservation		258,079	146,386	77,441	481,906
Education		147,148	2,779	77,440	227,367
Research		147,148	4,187	77,440	228,775
Rehabilitation		147,148	7,290	77,440	231,878
		699,523	160,642	309,761	81,169,926
		918,767	397,520	546,132	1,862,419

issued share capital of shown below:	1 ordinary sha	re o	f81 each.	A su	mmary ofthe	tradi	ng results
					2021		2020
Trading
Turnover					337,847		557,530
Otherincome					36,648
Cost ofsales and administrative		expenses			(376,874)	(543,247)
Interest receivable					27		194
Net profit I (loss)					(2,352)		14,477
Gift aid donation							(13,710)
Taxation							(763)
Retained in the subsidiary					(2,352)
Total income less direct	expenses				(2,352)
The assets and liabilities of the subsidiary			were:
Fixed assets					25,148
Current assets					141,560		171,106
Creditors: amounts	falling due within		one year		(169,048)	(171,094)
Total net assets					(2,340)		12
Aggregate share capital	and reserves			8	(2,340)	6	12

9.	GOVERNANCE COS	TS
			2021	2020
	Legal and professional	fees
	Audit fees		4,439	4,662
	Legal fees		1,020
	Trustees' expenses		460	710
			F5,919	F5,372
10.	STAFF COSTS
			2021	2020
	Wages and salaries		838,341	829,241
	Social security costs		66,245	61,850
	Pension costs		16,840	16,402
	Other staffing costs		8,867	11,274
			6930,293	6918,767

	Aviaries
	and other ~Build	Hospital Plant & E~ltE~t		Fixtures & ~Fltti	Motor V dl I	Totals
COST OR VALUATION
At 1 February 2020	1,139,413	1,449	63,880	275,525	1,600	1,481,867
Additions	151,506			1,970	9,000	162,476
Disposals
At 31 January 2021	1,290,919	1,449	63,880	277,495	10,600	1,644,343
DEPRECIATION
At 1 February 2020	470,299	1,449	57,092	225,577		754,417
On disposals
Charge for the year	61,614		4,110	18,602	2,120	86,446
At31 January 2021	531,913	1,449	61,202	244,179	2,120	840,863
NET BOOK VALUE
At31 January 2021	F759,006		f2,678	F33,316	88,480	F803,480
At 31 January 2020	F669,114	-	E6,788	649,948	F1,600	F727,450

	Aviaries
	and other ~Bildi	Hospital ~Ei I		Plant & ~Ei I		Fixtures & ~Flti	Motor Vehicles	Totals
COST OR VALUATION
At 1 February 2020	1,106,499		1,449		30,905	249,608	1,600	1,390,061
Additions	123,564					1,970	9,000	134,534
Disposals
At 31 January 2021	1,230,063		1,449		30,905	251,578	10,600	1,524,595
DEPRECIATION
At 1 February 2020	437,385		1,449		24,117	199,660	-	662,611
Charge for the year	58,820				4,110	18,602	2,120	83,652
On disposals
At 31 January 2021	496,205		1,449	28,227		218,262	2,120	746,263
NET BOOK VALUE
At 31 January 2021	6733,858			f2,678		f33,316	8,480	F778,332
At 31 January 2020	F669,114			66,788		649,948		6725,850

				Group			Charity	Charity
				Listed Investment		Listed		Investment
				b	id'	I	t t	i	b	id'
Market value at 1 February 2020				255,017			255,017
Additions				172,551			172,551
Disposals	at opening	market value		(173,436)			(173,436)
Investment	management		fees	(3,589)			(3,589)
Movement	in cash			5,542			5,542
Unrealised	gains on	revaluation		19,069			19,069
Market value at 31 January 2021				6275,154			6275,154			61
Listed investments				F269,925			6269,925
Cash deposits				&5,229			65,229
Cost at 31	January 2021			6253,363			6253,363			61

STOCKS
	Group		Charity
	2021	2020	2021	2020
Gift and coffee shop stock	67,067	58,822
Wrist band stock	6,810	6,810	6,810	6,810
	F73,877	665,632	96,810	66,810

,DEBTORS
					Group		Charity
					2021	2020	2021	2020
Trade debtors					4,601	13,036	4,601	13,036
Other debtors					426,122	96,980	424,020	96,980
Amount owed	by subsidiary						179,855	165,804
Prepayments					25,742	26,820	19,756	25,697
VAT						3,224		3,224
					f456,465	6140,060	F628,232	F304,741
.CASH AT BANK
					Group		Charity
					2021	2020	2021	2020
Bank and cash	in hand				1,048,848	1,043,582	1,007,431	932,421
					f1,048,848	61,043,582	81,007,431	F932,421
.CREDITORS:	Amounts		falling due within one		year
				Group			Charity
				2021	2020		2021	2020
Trade creditors				26,933	57,877		22,259	51,923
Taxes and social security				33,546	32,957		33,546	32,624
Amount owed to subsidiary							41,946
Prepaid subscriptions				51,799	39,170		51,799	39,170
Accruals and deferred		income		333,627	277,001		332,150	278,754
Other creditors				57,935	55,148		57,935	55,148
Bank loans				38,082	40,761		38,082	40,761
VAT liability				629			629
Tax liability					756
				8542,551	F503,670		F578,346	8498,380
CREDITORS: Amounts			falling due after more		than one year
				Group			Charity
				2021	2020		2021	2020
Variable Rate Bank Loan				55,656	58,572		55,656	58,572
CBILS Bank loan				250,000			250,000
				8305,656	F58,572		F305,656	858,572

	Group
	2021	2020
Within one year	38,082	40,761
Between one and two years	50,000	42,250
Between two and five years	205,656	16,322
In more than five years	50,000
	F343,738	F99,333

DEFERRED INCOME
	Gift
	2 h	Mahdi
Brought forward at 1 February 2020	217,577	39,170
Released in year Deferred in year	(79,479) 63,337	(39,170) 51,799
Carried forward at 31 January 2021	6201,435	651,799
Falling due in less than one year	201,435	51,799
Falling due after more than one year
	5201,435	651,799

	The gift vouchers	carried	cluded in accruals	and deferre	d inc	ome.
19.	FUNDS		~As						As at
			01-Feb				~Gina	on	31-Jan
			2ii2tl	~t	~E				2021
	Unrestricted funds		1,246,719	1,569,697	(1,394,446)		19,580		1,441,550
	Restricted funds
	Restricted Funds	comprise the following	unexpended balances ofdonations			held to	be applied to		specific
	purposes as stated:
			~Aat				Transfers		As at
			01-Feb				from		31-Jtn
			2tl2tl	i	~Edit			t ~	2021
	International Vulture Programme Poison Response Action (IVP) Red Kites		31,780 350	2,740 18,000	(28,970) (11,364)				5,550 6,636 350
	Raptor Nest	BoxProject	63,051	7,941	(40,518)				30,474
	Land purchase		10,304						10,304
	Restaurant		31,740		(10,469)				21,271
	Hospital			4,991		(4,991)
	Hospital Annex		58,000	25,000		(300)			82,700
	PA system Site development		7,097 220,458		(2,660) (14,113)				4,437 206,345
	Dream night
	Other
	Education
			6422,780	858,672	(8113,385)				6368,067

leases in	resp	ect ofeq	uipment, was as follows:
Land				2021	2020
Amounts	due	within one year		50,000	50,000
Amounts	due	between	two and five years	200,000	200,000
Amounts	due	after five	years	3,150,000	3,200,000
				3,400,000	3,450,000
Equipment				2021	2020
Amounts	due	within one year
Amounts	due	between	two and five years

	At 31 January 2021, the charity was not committed to any ca in the accounts (2020; Enil),	At 31 January 2021, the charity was not committed to any ca in the accounts (2020; Enil),	At 31 January 2021, the charity was not committed to any ca in the accounts (2020; Enil),	pital expenditure t	hat is not pro	vided for
22	ANALYSIS OF NET ASSETS BETWEEN FUNDS
	Analysis	of net assets between	funds - current year	Unrestricted	Restricted	Total
	Tangible	fixed assets		571,427	232,053	803,480
	Fixed asset investments			275, 154		275,154
	Current	assets		1,443,176	136,014	1,579,190
	Creditors	due within one year		(542,551)		(542,551)
	Creditors	due within more than one year		(305,656)		(305,656)
				1,441,550	368,067	1,809,617
	Analysis	of net assets between	funds - prior year	Unrestricted	Restricted	Total
	Tangible	fixed assets		505,771	221,679	727,450
	Fixed asset investments			255,017		255,017
	Current	assets		1,048,173	201,101	1,249,274
	Creditors	due within one year		(503,670)		(503,670)
	Creditors	due within more than one year		(58,572)		(58,572)
				1,246,719	422,780	1,669,499

a.	Reconciliation of net income/(expenditure)	Reconciliation of net income/(expenditure)	Reconciliation of net income/(expenditure)
	with net cash flow from operating		activities			2021		2020
	Net income/(expenditure) for the reporting		period
	(as per the statement offinancial	activities)				140,118		57,365
	Adjustments for.
	Depreciation and impairment charges					86,446		83,802
	(Gains)/losses on investments					(19,580)		(25,698)
	Dividends and interest from investments					(18,446)		(27,541)
	Interest paid					6,985		6,985
	(Profit)/loss on disposal offixed assets							(75)
	(Increase)/decrease in stock					(8,245)		(22,800)
	(Increase)/decrease in debtors					(316,405)		150,786
	Increase/(decrease) in creditors					42,316		19,285
	Net cash flow provided by (used	in) operating		activities		(F86,811)		F242,109
b.	Analysis ofchanges In net debt			At 1.222	2	h 11	tilth h	At 31.1.21
	Cash at bank and in investment	portfolio		1,046,858		7,219		1,054,077
	Debt due within one year			(40,761)		5,595	(33,776)	(38,082)
	Debt due after more than one year			(58,572)			33,776	(55,656)
				F947,525		F12,814		8960,339
c.	Analysis ofCash at bank an in	investment		portfolio
						2021		2020
	Cash at bank and in hand				1,048,848			1,043,582
	Cash held in investment portfolio					5,229		3,276
					61,054,077			F1,046,858

					Unrestricted	Restricted	Total
					Funds	Funds	Funds
				Note	2020	2020	2020
INCOME AND EXPENDITURE
INCOME FROM:
Donations and legacies					226,403	223,777	450,180
Charitable activities					858,835		858,835
Other trading activities;
Commercial trading	operations			8	557,530		557,530
Investment income				5	27,541		27,541
Total income					1,670,309	223,777	1,894,086
EXPENDITURE ON:
Costs of raising funds
Costs ofgenerating	voluntary		income	6	148,483		148,483
Commercial trading	operations			8	544,010		544,010
Charitable activities				7	1,047,829	122,097	1,169,926
Total expenditure					1,740, 322	122,097	1,862,419
Net Income/ (expenditure)		before gains		and los,	(70,013)	101,680	31,667
on Investments
NET GAINS/(LOSSES)	ON	INVESTMENTS
Unrealised					11,655		11,655
Realised					14,043		14,043
Net income/(expenditure)					(44,315)	101,680	57,365
Transfers between funds					(2,501)	2,501
Net movement in funds					(46,816)	104,181	57,365
Reconciliation offunds:
BALANCES AT 1 FEBRUARY 2019					1,291,034	321,100	1,612,134
BALANCES AT 31 JANUARY 2020					f1,244,218	6425,281	81,669,499