## ## ## ## ## ## ## ## ## ||||Page| |---|---|---|---| |Trustees'
report|||1-4| |Independent
examiner's||report|| |Statement
offinancial|activities||6-7| |Balance sheet|||| |Notes to the financial|statements||9-17| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Current financi|al year|||||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds||| |||||Notes|2021
6|2021|2021
8|2020f| ||e||m:|||||| |Donations
and legacies
Investments||||3|153,789
246|189,000|342,789
246|201,240
567| |Otherincome|||||9,126||9,126|9,500| |Total income|||||163,161|189,000|352,161|211,307| |Exganditutagg;
Charitable
activities||||4|188,706|174,647|363,353|315,873| |Net (expenditure)/income
Net movement
in funds||for|the year/||(25,545)|14,353|(11,192)|(104,566)| |Fund balances|at 1 April|2020|||206,444|21,817|228,261|332,827| |Fund balances|at 31 March 2021||||180,899|36,170|217,069|228,261| |under the Comp
Prior financial|anies
Ac
year|t 2006.||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|| |||||2020|2020|2020| ||||Notes||8|6| |In
e and en|n|from||||| |Donations
and legacies
Investments||||201,240
567||201,240
567| |Other income||||9,500||9,500| |Total income||||211,307||211,307| |~Edged
Charitable
activities|||4|218,812|97,061|315,873| |Net (expenditure)/income
Net movement
in funds||for the yearl||(7,505)|(97,061)|(104,566)| |Fund balances at 1 April||2019||213,949|118,878|332,827| |Fund balances|at 31 March 2020|||206,444|21,817|228,261| ## ## ## ## |||||2021||2020|| |---|---|---|---|---|---|---|---| ||||Notes|E||E|E| |Fixed assets
Tangible assets|||||4,790||6,387| |Current assets
Debtors
Cash at bank and|in|hand||8,420
223,664||6,013
224,159|| |||||232,084||230,172|| |Creditors: amounts
one year||falling due within|10|(19,805)||(8,298)|| |Net current assets|||||212,279||221,874| |Total assets less|current liabilities||||217,069||228,261| |Income funds
Restricted funds
Unrestricted
funds|||12||36,170
160,899||21,817
206,444| ||||||217,069||228,261| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Charitable|Charitable| |---|---|---|---|---| ||||Expenditure|Expenditure| ||||2021|2020| ||||8|6| |Staff costs|||121,623|150,121| |Depreciation
and impairment|||1,597|2,130| |Trustees'|expenses|||319| |Advertising|&promotion||25,324|23,518| |Travelling|||206|4,742| |Education|&training||86,020|117,661| |Subcontractors
-BRS|||114,676|| ||||349,446|298,491| |Share ofsupport costs (see note 5)|||8,657|10,765| |Share ofgovernance||costs (see note 5)|5,250|6,617| ||||363,353|315,873| |Analysis|by fund|||| |Unrestricted
funds|||188,706|218,812| |Restricted|funds||174,647|97,061| ||||363,353|315,873| ## ## ## |5|Support costs|Support
costs
8|Governance
coeur
6|2021
8|Support
costs
8|Governance
costs
f|2020
6| |---|---|---|---|---|---|---|---| ||Rent and rates
Insurance
Motor expenses
Telephone
Postage and stationery
Computer expenses
Journals
and periodicals|2,444
1,588
1,309
488
142
1,971
607||2,444
1,588
1,309
488
142
1,971
607|2,444
2,029
990
752
977
1,665
1,849||2,444
2,029
990
752
977
1,665
1,849| ||Employment
costs
Bank charges|50
58||50
58|59||59| ||Bookkeeping
Accountancy||1,513
3,737|1,513
3,737||3,071
3,546|3,071
3,546| |||8,657|5,250|13,907|10,765|6,617|17,382| ||Analysed
between
Charitable
activities|8,657|5,250|13,907|10,765|6,617|17,382| ## ## |The average
monthly
number ofemployees
during
|the year was:|| |---|---|---| ||2021|2020| ||Number|Number| |Employment
costs|2021f|2020
6| |Wages and salaries
Social security costs
Other pension costs|97,790
15,329
8,504|121,818
19,340
8,963| ||121,623|150,121| ## ## ||The number
of employees|The number
of employees|whose|annual|remuneration|was|660,000 or|660,000 or||| |---|---|---|---|---|---|---|---|---|---|---| ||more were:|||||||||| ||||||||||2021|2020| ||||||||||Number|Number| ||f60,000tof70,000||||||||1|1| |8|Tangible fixed assets|||||||||| |||||||Plant aad||Computers|taster vehicles|Total| ||||||equipment|||||| ||||||||8|||| ||Cost|||||||||| ||At 1 Apl'il 2020|||||8,957||3,200|14,000|26,157| ||At 31 March 2021|||||8,957||3,200|14,000|26,157| ||Depreciation
and impairment|||||||||| ||At 1 April 2020|||||8,905||2,771|8,094|19,770| ||Depreciation
charged|in the year||||13||107|1,477|1,597| ||At 31 March 2021|||||8,918||2,878|9,571|21,367| ||Carrying
amount|||||||||| ||At 31 March 2021|||||39||322|4,429|4,790| ||At 31 March 2020|||||52||429|5,906|6,387| |9|Debtors|||||||||| ||Amounts
falling due|within|one year:||||||2021
8|2020f| ||Trade debtors||||||||8,420|6,013| |10|Creditors: amounts|falling due within one|||year|||||| ||||||||||2021|2020| ||||||||||5|| ||Other taxation
and social security||||||||3,449|4,302| ||Accruais and deferred|income|||||||16,356|3,996| ||||||||||19,805|8,298| ## ## ## ## |||||||Movement|Movement|in|funds|| |---|---|---|---|---|---|---|---|---|---|---| |||||Balance at
1 Aprs 2010
f|Resources
expendedf
Balance at
1April 2020f||Incoming
resources
f||Resources
expended
f|Balance at
31 March 2021
f| ||British Horse Grant
Scheme
The Racing Foundation
Racing to School|||280
59,088
59,510|280
(58,438)
650
(38,623)
20,887||189,000||(174,647)|280
15,003
20,887| |||||118,878|(97,061)
21,817||189,000||(174,647)|36,170| ||The Racing Foundation
grant represents
due of f189,000 dunng
the period. The
expenditure
below that anticipated.
This
period when
required.
The purpose
of the||||the sums received
in this financial
year. There was a further
sum
payment
of this was delayed
as a result
of COVID 19 reducing
money
will now be received at a later date within the 5 year grant
grant isto provide funds for the Personal
Development
Planning|||||| ||forJockeys.|||||||||| ||Racing to School grant
purpose ofthe funding|
|funding
was to|ceased during
the 2018 financial
year.
support coaching development
managers|||There are no further sums due.
The
and the jockey coaching program.|||| |13|Analysis
ofnet assets||between
funds
Unrestdicted||Restdicted
Total|Unrestricted|||Restncted|Total| |||||funds|funds||funds||funds|| |||||2021
f|2021
f
2021
f||2020||2020
f|2020f| ||Fund balances at 31|||||||||| ||March 2021 are|||||||||| ||represented
by:
Tangible assets|||4,790|4,790||6,387|||6,387| ||Current assets/
(liabilities)|||176,109|36,170
212,279||200,058||21,816|221,874| |||||180,899|36,170
217,069||206,445||21,816|228,261| ## ## ##