| Page | |||
|---|---|---|---|
| Reference and Administrative Details |
|||
| Trustees' Report | 2 | to | 4 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 8 | to | 12 |
| Detailed Statement ofFinancial Activities |
| TRUSTEES | C Antrobus |
|---|---|
| Miss RSN Came | |
| Lord WRF V Inglewood | |
| G Lyon | |
| A Quinney | |
| JThorley | |
| DR Richardson | |
| JR Stevens | |
| P G Wynn | |
| JW Stanley | |
| PRINCIPAL ADDRESS | Bat's Loft |
| The Sheep Centre | |
| Malvern | |
| Worcestershire | |
| WR13 6PH | |
| REGISTERED CHARITY NUMBER | 1151449 |
| INDEPENDENT EXAMINER | Martin and Company |
| 25 St Thomas Street | |
| Winchester | |
| Hampshire | |
| SO23 9HJ | |
| BANKERS | HSBC |
| 2Market Place | |
| Cirencester | |
| Gloucestershire | |
| GL7 2NS |
| 31.12.20 | 31.12.19 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | and legacies | 52,491 | 98,955 | ||
| Investment | income | 3)023 | 3,180 | ||
| Total | 55,514 | 102,135 | |||
| EXPENDITURE ON | |||||
| Raising funds | 4,295 | ||||
| Charitable | activities | ||||
| Education | 44,609 | 53,162 | |||
| Total | 44,609 | 57,457 | |||
| NET INCOME | 10,905 | 44,678 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 385,526 | 340,848 | ||
| TOTAL FUNDS CARRIED FORWARD | 396,431 | 385,526 |
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| CURRENT ASSETS | |||
| Cash at bank | 397,451 | 386,546 | |
| CREDITORS | |||
| Amounts falling due within one year |
(1,020) | (1,020) | |
| NET CURRENT ASSETS | 396,431 | 385,526 | |
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 396,431 | 385,526 |
| NET ASSETS | 396,431 | 385,526 | |
| FUNDS | 10 | ||
| Unrestricted funds |
396,431 | 385,526 | |
| TOTAL FUNDS | 396,431 | 385,526 |
| 3. | INVESTMENT INCOME | INVESTMENT INCOME | INVESTMENT INCOME | ||||
|---|---|---|---|---|---|---|---|
| 31.12.20 | 31.12.19 | ||||||
| Deposit account interest | 3,023 | 3,180 | |||||
| 4. | CHARITABLE ACTIVITIES COSTS | ||||||
| Grant | |||||||
| funding of | |||||||
| activittes | Support | ||||||
| (see note | costs (see | ||||||
| 5) | note 6) | Totals | |||||
| 5 | |||||||
| Education | 31,430 | 13,179 | 44)609 | ||||
| 5. | GRANTS PAYABLE | ||||||
| 31.12.20 | 31.12.19 | ||||||
| Education | 31,430 | 40,500 | |||||
| The total | grants paid to institutions | during the year was as fogows: | 31.12.20 | 31.12.19 | |||
| 5 | |||||||
| Scottish Association ofYoung Farmers Clubs | 3,000 | ||||||
| National | Federation ofYoung Farmers Clubs | 2,000 | |||||
| Harper Adams University | Trust | 3,000 | |||||
| St James' | School, Lesotho | 1,000 | |||||
| 9,000 | |||||||
| The total | grants paid to individuals | during the year was as follows: | 31.12.20 | 31.12.19 | |||
| 5 | |||||||
| Grants to | individuals | 31)430 | 31,500 |
| 6. | SUPPORT COSTS | SUPPORT COSTS | ||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| Management | costs | Totals | ||||
| 6 | g | |||||
| Education | 12,099 | 1,080 | 13,179 | |||
| Support costs, included | in the above, are as follows: | |||||
| Management | 31.12.20 | 31.12.19 | ||||
| Total | ||||||
| Education | activities | |||||
| 0 | ||||||
| Travel and subsistence | 2,386 | 2,709 | ||||
| Website | 1,322 | 864 | ||||
| Administration | expenses | 8,391 | 8,069 | |||
| 12,099 | 11,642 | |||||
| Governance | costs | |||||
| 31.12.20 | 31.12.19 | |||||
| Total | ||||||
| Education | activities | |||||
| g | ||||||
| Independent | examiner's | fees | 1,080 | 1,020 |
| STAFFCOSTS | STAFFCOSTS | STAFFCOSTS | STAFFCOSTS | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| There are no employees | so consequently | no staff costs have been incurred. | |||||||||
| CREDITORS; AMOUNTS | FALLING | DUK WITHIN ONE YEAR | |||||||||
| 31.12.20 | 31.12.19 | ||||||||||
| 6 | |||||||||||
| Accrued | expenses | 1,020 | 1,020 | ||||||||
| MOVEMENT | IN FUNDS | ||||||||||
| Net | |||||||||||
| movement | At | ||||||||||
| At | 1.1.20 | in funds | 31.12.20 | ||||||||
| f | 6 | ||||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 385,526 | 10,905 | 396,431 | |||||||
| TOTAL | FUNDS | 385,526 | 10,905 | 396,431 | |||||||
| Net movement | in funds, | included | in the | above are as follows: | |||||||
| Incoming | Resources | Movement | |||||||||
| resources | expended | in funds | |||||||||
| X. | |||||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 55,514 | (44,609) | 10,905 | |||||||
| TOTAL | FUNDS | 55,514 | (44,609) | 10,905 | |||||||
| Comparatives | for movement | in | funds | ||||||||
| Net | |||||||||||
| movement | At | ||||||||||
| At | 1.1.19 | in funds | 31.12.19 | ||||||||
| Unrestricted | funds | ||||||||||
| General | fund | 340,848 | 44,678 | 385,526 | |||||||
| TOTAL | FUNDS | 340,84$ | 44,678 | 385,526 |
| Comparative | net movement in funds, included i |
n the above are as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 102,135 | (57,457) | 44,678 | |
| TOTAL FUNDS | 102,135 | (57,457) | 44,678 |
| 31.12.20 | 31.12.19 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies Donations |
52)491 | 98,955 | |
| Investment income |
|||
| Deposit account interest | 3,023 | 3,180 | |
| Total incoming resources |
55,514 | 102,135 | |
| EXPENDITURE | |||
| Raising donations and legacies Events |
4,295 | ||
| Charitable activities |
|||
| Grants to institutions | 9,000 | ||
| Grants to individuals | 31,430 | 31,500 | |
| 31,430 | 40,500 | ||
| Support costs | |||
| Management Travel and subsistence Website Administration expenses |
2,386 1,322 8,391 |
2,709 864 8,069 |
|
| 12,099 | 11,642 | ||
| Governance costs independent examiner's |
fees | 1,080 | 1,020 |
| Total resources expended | 44,609 | 57,457 | |
| Net income | 10,905 | 44,678 |