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||||||Page|
|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating||the|director's|report)||
|Independent
examiner's
report to the||trustees||||
|Statement
offinancial
activities|(including||income and|||
|expenditure
account)||||||
|Statement
of financial
position|||||10|
|Notes to the financial statements|||||12|
##
|Registered||charity|name|name|Tynedale
Agricultural|Tynedale
Agricultural|Society Ltd|
|---|---|---|---|---|---|---|---|
|Charity registration|||number||1120037|||
|Company|registration|||number|05957581|||
|Principal offfce and|||registered||Hexham
Auction|Mart||
|office|||||Tyne Green|||
||||||Hexham|||
||||||Northumberland|||
||||||NE46 3SG|||
|The trustees||||||||
||||||Mr D. Carr|||
||||||Mr C Chomse|||
||||||Mr TA Harrison|||
||||||Mr G
I Holmes|||
||||||Mr RJ Raine|||
||||||Mr J A Rowland|||
||||||Mr M Scandle|||
||||||Mr J Wardle|||
||||||Mr J Woodman|||
||||||Miss J Chomse|||
||||||Mrs T Cousin|||
||||||Mr R A Young|||
|Company|secretary||||Mrs Kerry Ann Robson|||
|Independent||examiner|||George McCowie FCA|||
||||||2 Gosforth
Park|Avenue||
||||||Newcastle
Upon|Tyne||
||||||NE12 8EG|||
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|||||2022|2022|2021|
|---|---|---|---|---|---|---|
|||||Unrestricted|||
||||Note|funds
f|Total funds|Total funds
E|
|Income and endowments|||||||
|Donations
and legacies|||5|41,271|41,271|34,194|
|Charitable
activities|||6|265,003|265,003||
|Investment
income|||7|9,872|9,872|9,238|
|Total income||||316,146|316,146|43,432|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Costs of raising donations
Investment
management||and legacies
costs|8
9|1,253
7,519|1,253
7,519|7,252|
|Expenditure
on charitable|activities||10,11|350,002|350,002|59,004|
|Total expenditure||||358,774|358,774|66,256|
|Net (losses)/gains
on investments|||13|(74,164)|(74,164)|148,729|
|Net (expenditure)/income|and net movement||in funds|(116,792)|(116,792)|125,905|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||1,078,364|1,078,364|952,459|
|Total funds carried forward||||961,572|961,572|1,078,364|
##
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
||||||Note|6|||
|Fixed assets|||||||||
|Tangible
fixed assets
Investments|||||18
19||58,396
839,788|70,575
985,278|
||||||||898,184|1,055,653|
|Current assets|||||||||
|Stocks|||||20|700||700|
|Debtors|||||21|1,870||2,433|
|Cash at bank and|in|hand||||95,451||91,060|
|||||||98,021||94,193|
|Creditors: amounts||falling||due within one year|22|34,633||27,515|
|Net current assets|||||||63,388|66,678|
|Total assets less|current|||liabilities|||961,572|1,122,531|
|Creditors: amounts||falling||due after more than|||||
|one year|||||23|||44,167|
|Net assets|||||||961,572|1,078,364|
|Funds ofthe charity|||||||||
|Unrestricted
funds:|||||||||
|Revaluation|reserve|||||211,323||327,622|
|Other unrestricted|||income funds|||750,249||750,742|
|Total unrestricted||funds||||961,572||1,076,364|
|Total charity funds|||||26||961,572|1,078,364|
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|Donations
a|nd leg|acies|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
||||Funds||2022|Funds||2021|
||||F||F|F||E|
|Donations|||||||||
|Donations|||405||405||||
|Grants|||||||||
|Government|grant|income|1,738||1,738|34,079||34,079|
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||Unrestricted|Total|Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
||Funds
F||2022
f|Funds
F|2021|
|Sponsorship
Sponsorship|31,865||31,865|||
|Subscrlptions
Memberships|7,263||7,263|115|115|
||41,271||41,271|34,194|34,194|
##
|Charitable
activities||||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds
6|2022
6|Funds
f|2021|
|Sale ofgoods/services
as part of
direct charitable
activities||1,794|1,794|||
|Advertising
Trade stand fees||2,076
52,372|2,076
52,372|||
|Sale ofcatalogues
Electric||2,000
5,212|2,000
5,212|||
|Hire of equipment
Entries||140
25,589|140
25,589|||
|Gate takings
Catering
Northumberland
Food|Marquee|139,247
30,040
6,533|139,247
30,040
6,533|||
|||265,003|265,003|||
##
|7.|Investment
income||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds
6|2022|Funds
f|2021
E|
||Income from listed investments||9,872|9,872|9,238|9,238|
|8.|Costs of raising donations|and|legacies||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2022|Funds|2021|
||||||F|F|
||Costs of raising donations
legacies.|and|1,253|1,253|||
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|9.|Investment
m|anagement
|costs|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds
F|2022
f|Funds
E|2021
F|
||Porffolio management|||7,519|7,519|7,252|7,252|
|10.|Expenditure|on charitable|activities|by fund type||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds
E|2022
E|Funds
f|2021
E|
||Show day
Supportcosts|||269,548
80,454|269,548
80,454|16,545
42,459|16,545
42,459|
|||||350,002|350,002|59,004|59,004|
##
|Expenditure|on charitable
ac|tivities
by activity type||||
|---|---|---|---|---|---|
|||Activities||||
|||undertaken|Support|Total funds|Total fund|
|||directly
F|costs
f|2022
E|2021
F|
|Show day
Governance|costs|269,548|77,152
3,302|346,700
3,302|57,764
1,240|
|||269,548|80,454|350,002|59,004|
##
|Analysis
of|supp|ort costs||||
|---|---|---|---|---|---|
||||Analysis
of|||
||||support costs|Total 2022|Total 2021|
||||E|E|E|
|Staff costs|||52,246|52,246|37,270|
|Premises|||6,229|6,229|305|
|Communications||and IT|4,298|4,298|3,509|
|General office|||5,220|5,220|30|
|Finance costs|||1,135|1,135|105|
|Governance|costs||3,302|3,302|1,240|
|Repairs and
Professional|maintenance
fees||3,401
4,623|3,401
4,623||
||||80,454|80,454|42,459|
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|13.|Net (losses)/g|ains
on I|n|vestments|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Total|Funds|Unrestricted|Total Funds|
|||||||Funds||2022|Funds|2021|
|||||||E||E|E||
||Gains/(losses)|on listed|investments|||(84,261)||(84,261)|117,808|117,808|
||Gains/(losses)|on other|investment||||||||
||assets|||||10,097||10,097|30,921|30,921|
|||||||(74,164)||(74,164)|148,729|148,729|
|14.|Net (expenditure)/income||||||||||
||Net (expenditure)/income|||is stated after|charging/(crediting):||||||
||||||||||2022|2021|
||||||||||E|E|
||Depreciation|oftangible|fixed assets||||||12,179|12,181|
|15.|Independent|examination||fees|||||||
||||||||||2022|2021|
||||||||||E|E|
||Fees payable|to the independent
examiner||||for:|||||
||Independent|examination||ofthe financial|statements||||500|250|
||Other financial services||||||||2,630|990|
||||||||||3,130|1,240|
##
|Staff costs|Staff costs||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|The total staff costs||and|employee||benefits for||the reporting|period are analysed
as follows:|||
|||||||||2022|2021||
|||||||||F|E||
|Wages and|salaries|||||||48,760|33,790||
|Employer
contributions|||to pension||plans|||3,486|3,480||
|||||||||52,246|37,270||
|Charitable|Staff||||||||||
|The average|head|count of employees||||during|the year was 2 (2021:2). The average||number|of|
|full-time
equivalent||employees||during||the year|is analysed as follows:||||
|||||||||2022|2021||
|||||||||No.|No.||
|Number ofstaff||||||||2||2|
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|no trustee expenses have been inc
Tangible fixed assets|no trustee expenses have been inc
Tangible fixed assets|urred.||||
|---|---|---|---|---|---|
|Land and||Fixtures and||User defined||
|buildings
6||fittings
F|Equipment
f|asset
f|Total
6|
|Cost||||||
|At 1 September 2021||||||
|and 31August 2022|107,995|62,272|40,139|18,326|228,732|
|Depreciation
At 1 September 2021
Charge for the year|86,715
10,556|55,807
1,325||15,635
298|158,157
12,179|
|At 31August 2022|97,271|57,132||15,933|170,336|
|Carrying
amount
At 31August 2022|10,724|5,140|40,139|2,393|58,396|
|At 31 August 2021|21,280|6,465|40,139|2,691|70,575|
|Investments||||||
||||Listed|Other||
||||investments|investments|Total|
||||F|6|5|
|Cost or valuation||||||
|At 1 September 2021
Additions|||766,924
101,594|218,354
10,097|985,278
26,477|
|Disposals|||(171,967)||(171,967)|
|Losses on sale and revaluation|||(85,214)||(85,214)|
|At 31August 2022|||611,337|228,451|839,788|
|Impairment||||||
|At 1 September
2021 and 31|August|2022||||
|Carrying
amount
At 31August 2022|||611,337|228,451|839,788|
|At 31 August 2021|||766,924|218,354|985,278|
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|21.|Debtors||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6||
||Trade debtors||||1,870||
||Other debtors|||||2,433|
||||||1,870|2,433|
|22.|Creditors: amounts||falling due within one year||||
||||||2022|2021|
||Bank loans and|overdrafts||||5,833|
||Payments
received on|||account||20,890|
||Accruals and deferred|||income|3,000|792|
||Social security|and other taxes|||2,372||
||Other creditors||||29,261||
||||||34,633|27,515|
|23.|Creditors: amounts||falling due after more than one year||||
||||||2022|2021|
|||||||6|
||Bank loans and|overdrafts||||44,167|
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|Government|grants|grants||||
|---|---|---|---|---|---|
|The amounts|recognised
in the financial statements||for government|grants are as follows:||
|||||2022|2021|
|||||6|6|
|Recognised|in income from donations|and legacies:||||
|Government|grants income|||1,738|34,079|
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|||||||||At|
|---|---|---|---|---|---|---|---|---|
||||At||||Gains and|31 Aug 202|
|||1|Sep 2021
E|Income
6|Expenditure
F|Transfers
6|losses
P|2
6|
|General|funds||750,742|316,146|(358,774)|116,299|(74,164)|750,249|
|Revaluation|||||||||
|reserve|||327,622|||(116,299)||211,323|
||||1,078,364|316,146|(358,774)||(74,164)|961,572|
|||||||||At|
||||At||||Gains and|31 Aug 202|
|||1|Sep 2020
E|Income
F|Expenditure
5|Transfers
6|losses
E|1
6|
|General|funds||774,267|43,432|(66,256)|(149,430)|148,729|750,742|
|Revaluation|||||||||
|reserve|||178,192|||149,430||327,622|
||||952,459|43,432|(66,256)||148,729|1,078,364|
##
|Analysis ofnet as|set|s between
funds|||
|---|---|---|---|---|
||||Unrestricted|Total Funds|
||||Funds|2022|
||||6|6|
|Tangible
fixed assets
Investments|||58,396
839,788|58,396
839,788|
|Current assets|||98,021|98,021|
|Creditors less than|1 year||(34,633)|(34,633)|
|Creditors greater than||1 year|||
|Net assets|||961,572|961,572|
||||Unrestricted|Total Funds|
||||Funds|2021|
|||||6|
|Tangible
fixed assets
Investments|||70,575
985,278|70,575
985,278|
|Current assets|||94,193|94,193|
|Creditors less than
1
Creditors greater than||year
1 year|(27,515)
(44,167)|(27,515)
(44,167)|
|Net assets|||1,078,364|1,078,364|
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