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2020-12-31-accounts

M Grantham Chairman
B J Taggart Vice Chairman
P J McVey Secretary resigned 13thNovember 2020
J R Howells Secretary appointed 13th November 2020
G R J Adams Trustee resigned 13thNovember 2020
H J Stanlake Treasurer resigned 13thNovember 2020
D K Parker County Recorder
A Blunden Conservation Officer
D Chaney Trustee resigned 29th March 2020
P Taylor Editor Birds in Cornwall
D R Collins Trustee
D Carrier Trustee
L C Mooney Trustee resigned 11th August 2020
C Hughes Membership Secretary appointed 26th July 2020
P Roseveare Trustee appointed 26th July 2020
C Mason Trustee appointed 18th June 2020

Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
2020 2020 2020 2019 2019 2019
Notes £ £ £ f f f
Income
Income from generated funds
Membership Subscriptions 2 18,180 18,180 16,694 16,694
Legacies & Donations 3 1,571 575 2,146 1,676 1,300 2,976
Activities f o r generating funds:
High Level Stewardship−Walmsley 4,900 4,900 4,900 4,900
Investment income:
Interest Receivable 175 175 462 462
Income from charitable activities
Sale o f publications, advertising & keys 4 1,153 1,153 605 605
Total Income 25,979 575 26,554 24,337 1,300 25,637
Expenditure
Costs of raising funds 5 605 605 325 325
Costs o f generating voluntary income
Charitable activities (inc Reserve management) 6 14,701 957 15,658 16,719 773 17,492
Total Resources Expended 15,306 957 16,263 17,044 773 17,817
Net Incoming resources for the year 10,673 (382) 10,291 7,293 527 7,820
Net movement in funds 10,673 (382) 10,291 7,293 527 7,820
Transfers between funds
10,673 (382) 10,291 7,293 527 7,820
Reconciliation of Funds
Total funds brought forward 165,337 16,824 182,161 158,044 16,297 174,341
Total funds carried forward 176,010 16,442 192,452 165,337 16,824 182,161

2020 2019
Notes
FIXED ASSETS
Tangible Assets 8 94,468 95,016
CURRENT ASSETS
Debtors and Prepayments 5,279 5,194
Cash at Bank and in hand 97,341 86,678
102,620 91,872
CURRENT LIABILITIES: Amounts falling
due within one year
Subscriptions in Advance 3,745 2,985
Creditors and Accruals 891 1,742
4,636 4,727
NET CURRENT ASSETS 97,984 87,145
TOTAL NET ASSETS £ 192,452 £ 182,161
REPRESENTED BY
Unrestricted Fund
Accumulated Fund 82,969 72,296
Designated Funds 10 93,041 93,041
176,010 165,337
Restricted Funds 9 16,442 16,824
£ 192,452 £ 182,161

2020 2019
Cash from operating activities (see footnote) 10,488 7,811
Cash flows from investing activities
Interest Income 175 462
Cash provided by investing activities 175 462
Increase/(Decrease) in cash and cash equivalents in the year 10,663 8,273
Cash and cash equivalents at the beginning of the year 86,678 78,405
Total cash and cash equivalents at the end of the year 97,341 86,678
2020 2019
Net movement in funds 10,291 7,820
Add back depreciation charge 548 546
Deduct interest shown in investing activities (175) (462)
(Increase)/Decrease in debtors (85) (1,338)
Increase/(Decrease) in creditors (91) 1,246
Net cash from operating activities 10,488 7,812

life of those fixed asset s as follows:
General Equipment 10% per annum
Computer Equipment 33 1/3 % per annum
Viewing Equipment 10% per annum
Hides 10% per annum
Freehold Reserves None

2. MEMBERSHIP SUBSCRIPTIONS
2020 2019
Annual Membership 15,108 13,967
Life Membership 252 254
Gift Aid 2,820 2,473
£ 18,180 £ 16,694

**Unrestricted ** Restricted 2020 Unrestricted Restricted 2019
Funds Funds Total Funds Funds Total
£ £ £ £ £ £
Legacies 250 250
Donations 1,321 575 1,896 1,676 1,300 2,976
1,571 575 2,146 1,676 1,300 2,976

4. INCOMING RESOURCES FROM Unrestricted Unrestricted Restricted Restricted 2020 Unrestricted Unrestricted Restricted Restricted 2019
CHARITABLE ACTIVITIES Funds Funds Total Funds Funds Total
£ £ £ £ £ £
Sale o f "Birds in Cornwall" and Library Stock 468 468 219 219
Sale o f Hide Keys 210 210 186 186
Sale o f advertising space 400 400 200 200
Sundries 75 75
£ 1,153 £ £ 1,153 £ 605 £ £ 605

2020 2019
Postage 350 325
Stationery & Printing (Membership Packs etc) 255
£ 605 £ 325
6. CHARITABLE ACTIVITIES Unrestricted Restricted 2020 Unrestricted Restricted 2019
Funds Funds Total Funds Funds Total
£ £ £ £ £ £
Publishing & printing "Birds in Cornwall" 3,234 3,234 3,151 3,151
Publishing & printing "Palores" 2,296 2,296 2,163 2,163
Distribution (all publications) 4,228 4,228 4,725 4,725
Conservation Projects−Barn Owls 372 372 97 97
Swifts 188 188
Stithians bird food etc. 246 246 250 250
Drift maintenance 77 77 170 170
Victor Simpson Prize 300 300
Reserve Management:
Walmsley Sanctuary 133 133 114 114
Maer Lake
Windmill 214 214 202 202
Walmsley Hide Keys 176 176 204 204
Insurance 2,037 2,037 1,932 1,932
Licence −Devoran Creek 50 50 50 50
Licences −Website & Software 739 739 282 282
Depreciation o f tools 40 40 40 40
Depreciation o f viewing equipment 130 130 128 128
Depreciation o f hides 378 378 378 378
Governance costs (note 7) 820 820 3,606 3,606
£ 14,701 £ 957 £ 15,658 £ 16,719 £ 773 £ 17,492

2020 2019
Meeting room hire and costs 30 226
Filing fee 13 13
Legal fees 152 2,755
Bank charges 65 60
Accountancy 560 552
£820 £3,606

8. FIXED ASSETS FREEHOLD FREEHOLD VIEWING VIEWING
LAND EQUIPMENT TOOLS HIDES TOTAL
£ £ £ £ £
Cost at beginning o f year 92,004 1,286 2,921 13,010 109,221
Additions during year
Cost as at 31.12.20 92,004 1,286 2,921 13,010 109,221
Depreciation at beginning of year 1,156 2,682 10,367 14,205
Provision for year 130 40 378 548
Depreciation at 31.12.20 1,286 2,722 10,745 14,753
Net Book Value 31.12.19 £ 92,004 £ 130 £ 239 £ 2,643 £ 95,016
Net Book Value 31.12.20 £ 92,004 £ £ 199 £ 2,265 £ 94,468
9. RESTRICTED FUNDS
Balance Incoming Balance
31.12.19 Resources Expenditure 31.12.20
£ £ £ £
Maer Lake Wetland 11,710 11,710
Natural History Museum−OPAL 360 130 230
Middle Amble Hide 2,643 378 2,265
Drift 230 77 153
Walmsley 575 575
Roy Phillips 1,000 1,000
Barn Owl Project 881 372 509
16,824 £ 575 £ 957 16,442
10. UNRESTRICTED FUNDS
Balance Incoming Balance
31.12.19 Resources Transfer 31.12.20
Designated Funds £ £ £ £
Freehold Property 92,004 92,004
Victor Simpson Prize 1,037 300 (300) 1,037
Undesignated Funds
Accumulated Fund 72,296 10,673 82,969
£ 165,337 £ 10,973 £ (300) **£ ** 176,010
11. FUNDS ALLOCATION
Unrestricted Restricted Total
Funds Funds Funds
£ £ £
Fixed Assets 92,203 2,265 94,468
Net Current Assets 83,807 14,177 97,984
Total Net Assets at 31.12.20 **£ ** 176,010 £ 16,442 **£ ** 192,452
12. DIRECTORS' REMUNERATION AND EXPENSES
2020 2019
Reimbursement of costs and expenses paid on behalf of the Society 1295 649
There is no Directors' remuneration or travel expenses