||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|3|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet|||||
|Notes to the Financial Statements||7|to|14|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes||f|||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies||2|116,764||116,764|78,306|
|Charitable
activities||5|||||
|Sanctuary
income|||117,185|7,500|124,685|23,300|
|Other trading activities|||11,699||11,699|64,384|
|Investment
income|||1||1||
|Total|||245,649|7,500|253,149|165,990|
|EXPENDITURE ON|||||||
|Raising funds|||572||572|12,712|
|Charitable
activities|||||||
|Sanctuary
expenditure|||150,652|17,892|168,544|175,316|
|Total|||151,224|17,892|169,1]6|188,028|
|Net gains/(losses)
on investments||||||(100)|
|NET INCOME/(EXPENDITURE)|||94,425|(10,392)|84,033|(22,138)|
|Transfers between
funds||17|(9,000)|9,000|||
|Net movement
in funds|||85,425|(1,392)|84,033|(22,138)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||(42,186)|19,100|(23,086)|(948)|
|TOTAL FUNDS CARRIED FORWARD|||43,239|17,708|60,947|(23,086)|
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|E|||f|
|FIXEDASSETS||||||
|Tangible assets|13|7,422||7,422|9,522|
|CURRENT ASSETS||||||
|Debtors|14|213||213|213|
|Cash at bank and in hand||50,614|17,708|68,322|20,013|
|||50,827|17,708|68,535|20,226|
|CREDITORS||||||
|Amounts
falling due within one year|15|(15,010)||(15,010)|(52,834)|
|NET CURRENT ASSETS/(LIABILITIES)||35,817|17,708|53,525|(32,608)|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||43,239|17,708|60,947|(23,086)|
|NET ASSETS/(LIABILITIES)||43,239|17,708|60,947|(23,086)|
|FUNDS|17|||||
|Unrestricted
funds||||43,239|(42,186)|
|Restricted
funds||||17,708|19,100|
|TOTAL FUNDS||||60,947|(23,086)|
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|2.|DONATION|S
AND LEGACIES|||
|---|---|---|---|---|
||||2021|2020|
||||6||
||Donations||92,860|65,061|
||Support Group Members||23,904|13,245|
||||116,764|78,306|
|3.|OTHER TRADING ACTIVITIES||||
||||2021|2020|
||||f||
||Fundraising|events|2,108|53,679|
||Sponsorships||3,291|4,480|
||Other||6,300|6,225|
||||11,699|64,384|
|4.|INVESTMENT INCOME||||
||||2021|2020|
||Deposit account interest||1||
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||INCOME FROM|C|HA|RITAB|LE ACT|IVITIES|||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||Activity||f|f|
||Owner Trainer Donations||||Sanctuary|income|16,135|800|
||New Keeper Donations||||Sanctuary|income|11,700|3,400|
||Grants||||Sanctuary|income|96,850|19,100|
||||||||124,685|23,300|
||Grants received, included|||in the|above, are|as follows:|||
||||||||2021|2020|
||The Peter O'Sullevan||Trust|||||19,000|
||Fontwell Income - Field|||Shelter||||100|
||Adoption For Pets||||||7,500||
||The Racing Foundation||||||84,250||
||Pet Plan||||||5,000||
||Billingshurst
Parish|Council|||||100||
||||||||96,850|19,100|
|6.|RAISING FUNDS||||||||
||Raising donations|and legacies|||||||
||||||||2021|2020|
||||||||f.|f|
||Fundraising
costs||||||572|12,712|
|7.|CHARITABLE ACTIVITIES||||COSTS||||
|||||||||Direct|
|||||||||Costs (see|
|||||||||note 8)|
||Sanctuary
expenditure|||||||168,544|
||DIRECT COSTS|OFCHARITABLE ACTIVITIES|||||||
||||||||2021|2020|
||||||||f|f.|
||Staffcosts||||||10,476||
||Insurance||||||2,365|2,985|
||Light and heat||||||200||
||Telephone||||||1,024|1,676|
||Postage and stationery||||||195|1,771|
||Advertising||||||188|26|
||Sundries||||||1,007|2,187|
||Yard Consultancy||||||43,000|47,500|
||Feed and Bedding||||||18,192|19,790|
||Vet Fees||||||7,808|10,356|
||Sundry Yard Expenses||||||3,358|4,205|
||Livery and Schooling||||||1,090|3,787|
||Farriery||||||1,305|1,835|
||Carried forward||||||90,208|96,118|
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|DIRECT COSTS OF|CHARITABLE ACTIVITIES -continued|||
|---|---|---|---|
|||2021|2020|
|Brought forward||90,208|96,118|
|Subcontractors||43,000|45,237|
|Sundry Equine Expenses||350|1,741|
|Motor Expenses||5,289|7,770|
|Computer
and Internet||2,831|469|
|Repairs and Renewals||3,438|9,234|
|Depreciation||2,099|2,380|
|Independent
Examiners|Fee|1,320|1,200|
|Bank Charges and Interest||988|3,116|
|Rent||7,040|7,698|
|Bookkeeping||122|353|
|Horse Walker||7,461||
|Field Shelter||4,134||
|Professional
Fees||264||
|||168,544|175,316|
|NET INCOME/(EXPENDITURE)||||
|Net income/(expenditure)|is stated ager charging/(crediting);|||
|||202if|2020
6|
|Depreciation - owned assets||2,100|2,381|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||fund|funds|funds|
||||f||
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||78,306||78,306|
|Charitable
activities|||||
|Sanctuary
income||4,200|19,100|23,300|
|Other trading activities||64,384||64,384|
|Total||146,890|19,100|165,990|
|EXPENDITURE ON|||||
|Raising funds||12,712||12,712|
|Charitable
activities|||||
|Sanctuary
expenditure||175,316||175,316|
|Total||188,028||188,028|
|Net gains/(losses)
on investments||(100)||(100)|
|NET INCOME/(EXPENDITURE)||(41,238)|19,100|(22,138)|
|Transfers
between
funds||9,040|(9,040)||
|Net movement
in funds||(32,198)|10,060|(22,138)|
|RECONCILIATION
OF FUNDS|||||
|Total fuads brought
forward||(9,988)|9,040|(948)|
|TOTAL FUNDS CARRIED FORWARD||(42,186)|19,100|(23,086)|
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|TANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|
|||Fixtures|||||
||Plant and|and|||||
||machinery
f.|fittings
I||Tractor
f|Horse Box|Totals|
|COST|||||||
|At 1 April 2020|20,501|960||17,500|52,000|90,961|
|Additions|11,595|||||11,595|
|Grants|(11,595)|||||(11,595)|
|At 31March 2021|20,501|960||17,500|52,000|90,961|
|DEPRECIATION|||||||
|At 1 April 2020|16,602|562||12,275|52,000|81,439|
|Charge foryear|975||80|1,045||2,100|
|At 31March 2021|17,577||642|13,320|52,000|83,539|
|NET BOOK VALUE|||||||
|At 31March 2021|2,924||318|4,180||7,422|
|At 31March 2020|3,899||398|5,225||9,522|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
||||||2021|2020|
|Other debtors|||||213|213|
|CREDITORS: AMOUNTS FALLING DUE WITHIN|||ONE YEAR||||
||||||2021|2020|
|Bank loans and overdrat)s (see note 16)||||||30,778|
|Trade creditors|||||10,127|9,531|
|Other creditors||||||11,225|
|Accruals and deferred income|||||4,883|1,300|
||||||15,010|52,834|
|LOANS|||||||
|An analysis ofthe maturity ofloans is given below:|||||||
||||||2021|2020|
|Amounts
falling due within one|year on demand:||||||
|Bank overdralts||||||30,778|
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|MOVEMENT|IN F|UNDS||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 1.4.20||in funds|funds|31.3.21|
||||||f||f.|f||
|Unrestricted|funds|||||||||
|General fund|||||(42,186)||94,425|(9,000)|43,239|
|Restricted funds||||||||||
|The Racing Foundation|||||||(2,831)|9,000|6,169|
|The Peter O'Sullevan||Trust|||19,000||(7,461)||11,539|
|Field Shelter||||||100|(100)|||
||||||19,100||(10,392)|9,000|17,708|
|TOTAL FUNDS|||||(23,086)||84,033||60,947|
|Net movement|in funds, included|||in the above|are as follows:|||||
||||||||Incoming|Resources|Movement|
||||||||resources
f|expended
f|in funds
f|
|Unrestricted|funds|||||||||
|General fund|||||||245,649|(151,224)|94,425|
|Restricted funds||||||||||
|The Racing Foundation||||||||(2,831)|(2,831)|
|The Peter O'Sullevan||Trust||||||(7,461)|(7,461)|
|Field Shelter||||||||(100)|(100)|
|Adoption For|Pets||||||7,500|(7,500)||
||||||||7,500|(17,892)|(10,392)|
|TOTAL FUNDS|||||||253,149|(169,116)|84,033|
|Comparatives|for movement||in|funds||||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 1.4.19||in funds|funds|31.3.20|
||||||f|||||
|Unrestricted|funds|||||||||
|General fund|||||(9,988)||(41,238)|9,040|(42,186)|
|Restricted funds||||||||||
|The Racing Foundation|||||9,040|||(9,040)||
|The Peter O'Sullevan||Trust|||||19,000||19,000|
|Field Shelter|||||||100||100|
||||||9,040||19,100|(9,040)|19,100|
|TOTAL FUNDS|||||(948)||(22,138)||(23,086)|
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||||Incoming|Resources|Gains and|Movement|Movement|
|---|---|---|---|---|---|---|---|
||||resources
f|expended
f|losses|in funds
f.||
|Unrestricted
funds||||||||
|General fund|||146,890|(188,028)|(100)|(41,238)||
|Restricted funds||||||||
|The Peter O'Sullevan|Trust||19,000|||19,000||
|Field Shelter|||100||||100|
||||19,100|||19,100||
|TOTALFUNDS|||165,990|(188,028)|(100)|(22,|138)|
|Transfers between|funds|||||||
|The purpose ofthe restricted funds were as follows:||||||||
|The Racing Foundation||-IT, Database and Website Development.||||||
|The Peter O'Sullevan|Trust - Horse Walker.|||||||
|Field Shelter - Specific||Donation.||||||
|Adoption For Pets -|Vets Fees, Wages, Utilities/Office||and Feed.|||||
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