2021-08-31-accounts - Tynedale Agricultural Society Ltd

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Trustees' annual report (incorporating		the	director's	report)
Independent examiner's report to the		trustees
Statement offinancial activities	(including		income and
expenditure account)
Statement offinancial position
Notes to the financial statements					10

					2021	2021	2020
					Unrestricted
					funds	Total funds	Total funds
				Note	E	E
Income and endowments
Donations and legacies					34,194	34,194	34,005
Charitable activities				6			93
Investment income				7	9,238	9,238	11,117
Total income					( 43,432	43,432	45,215
Expenditure
Expenditure on raising funds:
Costs of other	trading	activities		8			40
Investment management			costs	9	7,252	7,252	5,475
Expenditure on charitable		activities		10,11	59,004	59,004	111,792
Total expenditure					86,256,'	66,256	118,307
Net gains/(losses)	on investments			13	148,729	148,729	(862)
Net income/(expenditure)		and net movement		in funds	125,905	125,905	(73,954)
Reconciliation of	funds
Total funds brought	forward				952,459	952,459	1,026,413
Total funds carried forward					1,078,364	1,078,364	952,459

				Note	2021 f		2020 6
Fixed assets
Tangible fixed assets Investments				18 19		70,575 985,278	79,766 850,117
						1,gee,863	929,883
Current assets
Stocks				20	700		700
Debtors				21	2,433		2,781
Cash at bank and in	hand				91,060		91,759
					94,193		95,240
Creditors: amounts	falling		due within one year	22	27,515		4,272
Net current assets						66,678	90,968
Total assets less current			liabilities			1,122,531	1,020,851
Creditors: amounts one year	falling		due after more than	23		44,167	68,392
Net assets						1,078,364	952,459
Funds ofthe charity
Unrestricted funds:
Revaluation reserve					327,622		178,192
Other unrestricted		income funds			750,742		774,267
Total unrestricted	funds				1,078,364		952,459
Total charity funds				26		1,078,364	952,459

	Unrestricted	Funds	Unrestricted	Funds
	Funds	2021	Funds	2020
	F	F	F	E
Subscrlptions Memberships	115	115	3,835	3,835
	34,194	34,194	34,005	34,005

Net gains/(loss	es)	on	investments
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
				E	E	F	E
Gains/(losses)	on	listed	investments	117,808	117,808	5,168	5,168
Gains/(losses)	on	other	investment
assets				30,921	30,921	(6,030)	(6,030)
				148,729	148,729	(862)	(862)

14.	Net Income/(expenditure)	Net Income/(expenditure)
	Net income/(expenditure)			is stated		after		charging/(crediting);
										2021 f	2020 f
	Depreciation oftangible		fixed assets							12,181	11,881
15.	Independent examination			fees
										2021 f	2020 f
	Fees payable to the independent Independent examination ofthe Other financial services				examiner for: financial statements					250 990	500 1,365
										1,240	1,865
16.	Staff costs
	The total staff costs	and	employee			benefits for			the reporting	period are analysed as follows:
										2021 f	2020 F
	Wages and salaries Employer contributions		to	pension		plans				33,790 3,480	38,160 3,524
										37,270	41,684
	Charitable Staff
	The average head	count		of employees				during	the year was 2 (2020; 2).The average		number of
	full-time equivalent	employees			during		the year		is analysed as follows:
										2021	2020
										No.	No.
	Number ofstaff									2	2

Tangible fixed assets
	Land and	Fixtures and
	buildings f	fittings	Equipment 5	Computers F	Total 5
Cost
At 1 September 2020 Additions	107,995	62,272	40,139	15,336 2,990	225,742 2,990
At 31August 2021	107,995	62,272	40,139	18,326	228,732
Depreciation At 1 September 2020 Charge for the year	76,158 10,557	54,482 1,325		15,336 299	145,975 12,181
At 31 August 2021	86,715	55,807		15,635	158,157
Carrying amount At 31August 2021	21,280	6,465	40,139	2,691	70,575
At 31 August 2020	31,837	7,790	40,139		79,766
Investments
			Listed	Other
			investments	investments	Total
			F	6	F
Cost or valuation
At 1 September 2020 Additions			662,684 140,853	187,433 30,921	850,117 171,774
Disposals			(36,613)		(38,813)
At 31August 2021			766,924	218,354	985,278
Impairment
At 1September 2020 and 31 August		2021
Carrying amount At 31August 2021			766,924	218,354	985,278
At 31 August 2020			662,684	187,433	850,117

21.	Debtors		Year ended 31August 2021
				2021 f	2020 f
	Job Retention Scheme			2,433	2,781
22.	Creditors: amounts	falling due within one year
				2021	2020
				E.	E
	Bank loans and overdrafts			5,833	2,500
	Payments received	on	account	20,890
	Trade creditors				194
	Accruals and deferred		income	792	1,578
				27,515	4,272
23.	Creditors: amounts	falling due after more than one year
				2021	2020
				E	F
	Bank loans and overdrafts			44,157	47,500
	Payments received	on	account		20,892
				44,157	68,392

Government	grants	grants
The amounts	recognised in the financial statements		for government	grants are as follows:
				2021 f	2020 E
Recognised Government	in income from donations grants income	and legacies:		34,079	28,629

Analysis of net asset	s between funds
		Unrestricted	Total Funds
		Funds f	2021 f
Tangible fixed assets Investments Current assets Creditors less than 1 year Creditors greater than 1 year		70,575 985,278 94,193 (27,515) (44,167)	70,575 985,278 94,193 (27,515) (44,167)
Net assets		1,078,364	1,078,364
		Unrestricted	Total Funds
		Funds f	2020 f
Tangible fixed assets Investments Current assets		79,766 850,117 95,240	79,766 850,117 95,240
Creditors less than 1 Creditors greater than	year 1 year	(4,272) (68,392)	(4,272) (68,392)
Net assets		952,459	952,459