2021-12-31-accounts - Hertfordshire Zoo

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			Page
Report ofthe 'I'rustces		!	io	5
Rcport ofihe Independent Audiiors		6	io	tt
Siatement ofFinancial	Actirities
13aianec Sheet		10	to
Cash Flow Statement			12
Notes to the Cash Flow Statement			13
Notes to thc Financial	Statements	14	iu	26

					3I.I 7.2 I	31.12.20
			Unrcstrictc&l	itc)trictcd	'Ii)tal	I'ato I
			fund	fi)nds	Ihnds	fi)t)ds
INCOME AND ENDOWMENTS	FROM				6	f
Donations and legacies			561,123		561,123	644,376
Charitable activities
Animal perl&			5.,264,804		5,264,804	3,764,640
Other trading activities Investment income Other income		3 4	82 916 85,482 166715		82,916 85,482 166,215	68,211 82,446 788,793
Total			6,160.540		6,160.540	5.348.466
EXPENDITURF. ON
Raising f'unde		6	42,877		42,877	24,241
Charitable activities
Animal park			1.060.552		1,06)0.552	942.785
Other			3,273447	2".257	3,275.704	3.198,349
Total			4,376,876	2,257	4,379,133	4,165,375
NKT INCOME/(EXPENDITURE)			1.783,664	(2.257)	1.781,407	1,183.091
Transfers between funds		19	1130)	130
Net movcmcnt in funds			1.783.514	(2.127)	1,781,407	1,183,091
RECONCILIATION OF FUNDS
Total funds brought forward			5.232.536	7,431	5.239,967	4,056,876
TOTAl. I"UNDS CARRIFD FORWARD			7,016,070	5,304	7.021,374	5,239.967

		31DEC	EMBER 2021
					31.IZ21	31.12.20
			Unrestricted	Restricted	'Intel	Total
			fund	I'unds	fbnds	funds
		Notes		f	6
FIXEDASSETS
Intangible	assets	ll	2.186		2.186	2,186
1anglble	assets	12	3,276 t86		3,276,486	2,842,471
			3,278,672		3278,672	2.844,657
CURRENT ASSETS
'Stocks		13	16.634		16.634	15r667
Debtors		14	589,553		589.553	145,186
Cash at bank «nd in Itand			4.614,465	5.3D4	IA I'1 Ifv	3,637,821
			5 go 0 (152	5,304	5,225.956	3,798,674
CREDITORS
Amounts	falling due within one year	15	(699,921)		(699,921)	(436,697)
NKT CURRENT ASSETS			4.520,731	5304	4,526,035	3,361,977
TOTAL	ASSETS LESSCURRENT
LIABIL]TIES			7,799.4(I3	5,304	7,804,707	6,206,634
CREDITORS
Amounts	falling due ager more thmt onc year	16	(783333)		(783,333)	(966,667)
			7,01&i.070	5,304	7,021.374	5,239,967

	3'1 DECKIs71BER2021
liUNDS	19
I.lnrcstric(ed funds I(cstricle&l I'ands		7.01 f3,070 5303	5,232,536 7A3!
TOTAL FUNDS		7.923.774	.'39,967

		TBKZOO	LOGICAL SOCiETY OFBER'I'VORI)SB)RE	LOGICAL SOCiETY OFBER'I'VORI)SB)RE
			CASE irLOvt(r STATKMKftT
		FOR	TBKYEAR KffDKD 31DECEMBER 202i
				31.12.21	31.I '2.'20
			Notes
Cash Rows from operating Scorns(cd.		activities
Cash (rom operations				1.817.124	1.064.647
lntefes'1' ptd'8				(1,956)
Net cash provided by opera(ing activities				1,8I5,168	1,064.647
Cash flows from investing		activities
Purchase oftangible imed assets				(822,754)	(597.392)
interest received				6,201	1.9(6
Net oasb used in investing	activities			(816.553)	~595 476)
cash flows from financing		nativities
New loans ia year					1.000,000
(.oms repayments in year				(16.667)
hist cash fused (n)/provided		by Btnsncing activities		~16,667)	(.000.000
Change ln cash and cash		oqnivalents	in
the reporting period				98(3)48	1A6').171
Cash and cash equivalents		at the
beginning ofthe reporting		period		3,G37,821	2.168.650
Cash and cash equivalents		at the cnd	of
the reporting period				4.61'A769	3,637,821

	RECONCB	lATION	lATION	lATION	OFNET INCOME TO NET CASH FLOW FROM	OFNET INCOME TO NET CASH FLOW FROM	OFNET INCOME TO NET CASH FLOW FROM	OPERATING	ACTI'VIT(ES
								31,12.21	31.12.20
									f
	Nei income	for the		reporting			period (as per the Statement of
	Financial Activides)							1,781,407	1,183,091
	Adjustments	for:
	Depreciation	charges						388,739	384.586
	Interest received							(6,201)	(1,916)
	Interest paid							1,956
	increase in stocks							(967)	(3,070)
	Increase in debtors							(444,367)	(26,777)
	Increaso/(decrease)			in creditors				96,557	(471?67)
	Net cash provided			by	operations			1,817.124	1.064,647
2.	ANALYSIS	OF	CHANGES				IN NKT FUNDS
							Al 1.1.21	Cash flow	At 31.1221
									f
	Nci cash
	Cash nt bank	and	in	hand			3.637.821	981.')48	4,619769
							3,63/,821	981.9 18	4.61').769
	Debt
	Debts I'ailing	duc	within			I year	(33,333)	(166.667)	(200,000)
	l)ebts falling	due	after		I	year	(966.667)	183,33:I	(783,333)
							~1.000.000)	16,667	(983.333)
	Total						2.637.821	998.615	3.636,436

DONATIONS AND LEGACIES
	3 I.12.21	31.12.20
	f
Donntions	49244	224,664
Gift aid	511.879	419,712
	561,123	644.376

3.	OTHFR TRAD	ING ACTI	VITI KS
					31.)2,21	31.1)L30
	C)tarity ever)is Cabin sales				I (1,3211 84240	I 4.557 63.654
					82,0)6	68,311
4,	INYESTMKNT	INCOME
	Rents I'ecetvcd Inter»st roccivabl»				3).12.21 I 79,28) 6,201	3).)2.20 E 80,530 I,U)6
					85.482	82,446
5.	INCOME FROM CHARITABLE ACTIVITIES
			A»tivity		31.12.21 I	3).)2?0 8
	Visitor income Other operating	income	Animal Animal)	lpark perl;	5, )67,704 o7,100	3,722.UUU .12.631
					5264.804	3,764.640
6.	RAISING FUNDS
	OTHER TRADING ACTIVITIFS
					31.1)L21	31.12.20
					I	8
	Pro»chases				42.877	24,241

							1)llCot
							Costs
	Animal park						1.060.552
8.	SUPPORT COSTS
						f&nvemancc
					Munapemcnt	costs	'I'otals
					I	l'.	8
	Other resources expended				3,270.204	5,500	3.275.704
	Support costs, included		in the above,	are as follows:
						31,12.21	31,12.20
						Othln
						resources	Total
						expended	activities
	YYagcs					661,295	685,894
	Social security					62,580	61,549
	Pensions					31,581	28,351
	Hire ofequipment					6,302	6,267
	Rent payable					616.500	600,000
	Rates and water					3,673	5,489
	lnmlrancc					65,102	50,765
	Motor and travelling	expenses				19,241	20.483
	Tclcphonc anti coninllnllcatlorls					23,792	19,675
	Printing&, post A, stationery					42,682	73,653
	Advertising and marketing					136,134	137,473
	Sundries					38,216	42.983
	Bank charges					53,206	36,287
	Accountancy					12,299	11,540
	Consultancy fees					270.000	261,177
	Legal and protbssional		I'ees			12,707	7,848
	l,ight and heat					173,953	148.740
	Staff wellare and uniforms					47,921	27,043
	Computer maintenance					74,489	40,852
	Training costs					8,838	5,830
	Irrecoverable VAT					168,78S	231,672
	Repairs and nialntcflancc					349,398	303,074
	Health and safety					812	632
	Bad debts						1,000
	Depreciation oftangible		and heritage	assets		388,739	384,587
	Carried forward					3.268.2 18	3.192,864

SUPPO	RT CO
		31.12.21	31.12.20
		Other
		to»ounces	Total
		c»pended	activities
Brought interest Auditors'	I'orward payablc and similar charges remuneration	8 3,268,248 1.956 5,500	3.192.864 5,485
		3,275,704	3,198,349

STAlr	F COSTS
					31.1221	31.12.20
					f
Wages Sooial Other	and sahtrics security costs pension corns				1.395,669 113,645 31.581	1.405,848 101.961 28,351
					1.540.895	1.536.160
Thc average monthly		number ofcmployccs	during	the year was as follows:
Animal	pmk and administration				31.12.21 131	31.12.20 102

			I'atents
			and
			licences
			f
	COST
	At	I Janualy 2021 and 31 December 2021	2,186
	NET BOOK VALUF.
	At	31 December 2021	2.186
	At	31 December 2020	2,186
12.	TANG)BI.KFIXEDASSIITS

TA	NG)BI.KFIXEDASSIITS
						Animal
		hnprovemcnm	Assets	hl		enclosures
		Io	course	ol'	Short	and
		lpntpcrl& f	cnnatl'urt	Iun	leasehold	atlract lone
COST
ht	I January 2021	119,756	67.671		3,650	3,375,205
Additions		15,748	678,851
At	31 December 2021	135,504	746,522		3,650	3,375,205
DFPRFiCIATION
At	I January 202!	27,713			2,920	754.865
Charbce I'or)car		11.976			730	337.521
At	31 December 2021	39,689			3,650	1.092,386
NET BOOK VALUE
hl	31 December 2021	95.815	746.522			'2,282,819
At	31 December 2020	92,013	67,671		730	2.620,340

12.	TANGIBLF, FIXEDA	SSETS-continued
		I	ialurcs
		Plant and	aml	184otol	t oinputcr
	COST	machi» cry 8	lit ti»8s 8	vehicles I	cg u I pro en I r	'I'otals
	At l,lanuary 2021 Additions	64313 108,233	2,640	43.5UU	87,482 19,928	3.764,217 822,75'I
	At 31 December 2021	172,546	2,640	43,500	107,404	4.586,971
	DEPRECIATION
	At I January 2021 Clmr8c for year	41,416 12,685	1,560 270	79 736 3 441	63,536 i2,116	921.746 388.739
	At 31 December 2021	51,101	1,830	33,177	85,652	1.310,485
	NKT BOOK VAI U18:
	At 31 Deccmbcr 2021	118,445	810	10.373	21.752	3,276,486
	At 31 l)ecember 2020	22.897	8.989	13,764	23.946	2,842.47 I
13.	STOCKS
					31.17 21	31.17.20
	Goods held I'or resale				J: 16,634	f. 15,667
14.	DEBTORS:AMOUNTS	IrAI LING DUE Wi'I'HIN	ONK YEAR
					31.17.21	31,17 20
						8
	Trade debtors Other debtors				37,634 414.167	41,771 72729
	Prepaymcnts and accrued	income			137.757	31,186
					5S89,553	145.186

15.	CRFDITORS: AMOUNTS FALLING DUli: WITIIIN ONE YEAR
		31.12-"1	31.12.'20
			f
	Bank loans and ovcrdralis (scc note 17)	200.000	33,333
	'1'radc creditors	194.219	189,628
	Social security and other taxes	19,6 1 7	1'2.249
	Other croditors	1 I, 1l4	7.511
	Accruals and deferred income	274,971	193,976
		699,921	436,697
16,	CREDITORS: AMOUNTS FAI LING DUK Al'TKR MORE THAN ONE YEAR
		31.12.21	31.12.20
			8
	Bank loans(sce note 17)	783,333	966,667
17,	LOANS
	An analysis ofthe maturity of loans is given belotv:
		31.1'2.21	31.12.20
		f.	f.
	Amounts 1'ailing due within onc year on dmnand:
	Bank loans	200,000	33,333
	Amounts falling between onc and two years:
	Bank loans —1-2 years	200.000	200,000
	Amounts falling due between two and five years:
	Bank loans - 2-5 years	583,333	200,000
	Amounts fblling due in more than live years:
	Repayable by instalmcnts:
	Bank loans more than 5years		566.667

					31.12.21	31.17.20
	Within one year Between onc and live years In more than five years				ft06,367 2.405.871	I 605.256 '2,410,512 600,000
					3,012.238	3,615,768
19.	MOVEMKN'I' IN FUNDS
				Ncl	Transl'ers
				movement	bctwcen	At
			At 1.1.21 E	in funds I	funds	31.1221
	Unrestricted fuads
	General fimd		5,232,536	1,783,664	(130)	7,016.070
	Restricted funds
	National Lottery Garden Wild Tiger lfealth Centre	Project	".127 5,304	(2 257)	130	5,304
			7,431	(2.257)	130	5304
	TOTAL FUNDS		i..li.967	1.781:tii		7,021.374
	Ncl movement in f'unde, included		in lhe above are as follows:
				Incoming	Reseal'ccs	Movement
				resources	expended	in Ibnds
				E	E
	Unrcstldeted funds
	Gone rul lund			6,160,540	(4,376,876)	1,783,664
	Restricted funds
	National I.oltcry Garden Pmjcct				(2,257)	(2,257)

					Net	'I'ransfers
					movcI'n oil I	but woct1		Al
				At 1.1.20	in luntls	lands	31,12?0
					J			I;
Unrr. stricted funds
(ieneral	lund			4.047,956	1,193,349	(8.7G9)	5,232,536
RestNeted funds
Drivc4Wildlifc					(8.567)	8,567
National	lottery Garden Project				((n995)	202		lo7
Wild Tiger Health Centre					5.304			5,304
					( I1).258)	8,769		7.431
TOTAL	FUNDS			4,056.876	1.183,091		5239,967
Comparative net movement		in funds,	included	in thc above arc as follows:
					Incoming	I(csources	Movement
					resources	enpcndcd	in funds
						f		I
Uurestricted I'unde
General	I'und				5,343,162	(4,149,813)	1,193,349
Restricted funds
0rive4W il	d lit'e					(8,567)		(8,567)
National	l,ottery Garden Project					(6.995)		(G,995)
Wild Tiger Ilcalth Centre					5.304			5,304
					5,304	(15,562)		(10u58)
TOTAL	FUNDS

				Nct	'I'rans	fern
				movcnscnl	benween		At
			At 1.1.20 I	in I'unde f	fundsl		31.12,21 f
Unrestricted		funds
Gcnernl	I'und		4,047,956	2,977,013	(8,899)		7,016,070
Restricted funds
Drivc4W	ildli	I'e		(8.567)	8	507
hlational	Louery Garden Project		8,920	(9252)	332
Wild Tiger llealth Centre				5.304			5.304
			8,920	~12.515)			5,304
TO'fAL	FIJNDS		4.056.876				7,021,374

	Incoming	Rcsotuces	Movcmclu
	resources I	expended	in funds l
Unrestricted funds
General fund	11,503.702	(8.526,689)	2,977,013
Restricted funds
Drive4Wildlife		(8.567)	(8,567)
National Lo'ttery Garden project		(925v)	(9 75e)
Wild Tiger llealth Centre	5.304		5.304
	5.301	(17,819)	~12,515)
'I'OTAL FUNIIS	11.509.006	(8,544,508)	2.964.498