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|---|---|---|---|---|---|
|Reference|and Administrative||Details ofthe Charity,|its Trustees and Advisers||
|Chairman's|Statement|||||
|Trustees'|Report||||3-6|
|Independent
Auditors'||Report|on the Financial Statements||7-10|
|Statement|of Financial|Activities||||
|Balance Sheet|||||12|
|Statement|ofCash Flows||||13|
|Notes to the Financial||Statements|||14 - 31|
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|Trustees|||PJ Westaway,
Chairman|PJ Westaway,
Chairman|PJ Westaway,
Chairman|PJ Westaway,
Chairman|||
|---|---|---|---|---|---|---|---|---|
||||D R Galbraith||||||
||||A W Ward|(resigned||27 June 2023)|||
||||PJ Gready|(Royal Agricultural|||Society of England)|(resigned 15August 2022)|
||||R N F Drewett (The||Royal Bath &West of England|||Society)|
|Company|registered||||||||
|number|||08811248||||||
|Charity registered|||||||||
|number|||1155563||||||
|Registered||office|National
Agricultural||Centre||||
||||Stoneleigh|Park|||||
||||Kenilworth||||||
||||CV8 2LZ||||||
|Company|secretary||M Kaur (resigned 12July 2023)||||||
||||EJ Stillwell|(appointed||12 July|2023)||
|Independent||auditors|Dains Audit|Limited|||||
||||15Colmore|Row|||||
||||Birmingham||||||
||||B32BH||||||
|Bankers|||Barclays Bank Pic||||||
||||1 Princes Street||||||
||||Ipswitch||||||
||||Suffolk||||||
||||IP1 1PB||||||
|Solicitors|||Wright Hassall
LLP||||||
||||Olympus
Avenue||||||
||||Leamington|Spa|||||
||||Warwickshire||||||
||||CV34 6BF||||||
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2022|2022|2022|2021|
||||Note|6|5|5||
|Income from:||||||||
|Donations
and|legacies|||153,589|277,890|431,479|448,532|
|Charitable
activities||||58,417||58,417|96,223|
|Other income||||125||125|25,000|
|Total income||||212,131|277,890|490,021|569,755|
|Expenditure
on:||||||||
|Raising funds||||10,800||10,800|12,724|
|Charitable
activities||||181,606|277,890|459,496|668,924|
|Total expenditure||||192,406|277,890|470,296|681,648|
|Net movement|in funds|||19,725||19,725|(111,893)|
|Reconciliation|offunds:|||||||
|Total funds brought||forward||140,407||140,407|252,300|
|Net movement|in funds|||19,725||19,725|(111,893)|
|Total funds carried forward||||160,132||160,132|140,407|
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|||||||Note|2022f|2021
8|
|---|---|---|---|---|---|---|---|---|
|Cash flows from operating|||activities||||||
|Net cash|used
in operating|activities||||17|(223,772)|(245,324)|
|Cash flows from investing|||activities||||||
|Purchase|oftangible
fixed assets||||||(1,149)||
|Net cash|(used in)/provided||by investing||activities||(1,149)||
|Cash flows from financing|||activities||||||
|Net cash|provided
by financing
activities||||||||
|Change|in cash and cash||equivalents|in|the year||(224,921)|(245,324)|
|Cash and|cash equivalents||at the beginning||ofthe year||422,504|667,828|
|Cash and cash equivalents|||at the end|of|the year|18|197,583|422,504|
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|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2022|
||||6||
|Donations||6,179||6,179|
|Grants||147,410|277,890|425,300|
|||153,589|277,890|431,479|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021|2021|2021|
|||6|F|F|
|Donations||10,000||10,000|
|Grants||48,724|342,258|390,982|
|Government|grants|47,550||47,550|
|||106,274|342,258|448,532|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2022|2022|
||||6|
|Events|income|58,417|58,417|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021|
|||5|6|
|Events|income|96,223|96,223|
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2022|
|||||F|F|
|Other income||||125|125|
|||||Unrestricted|Total|
|||||funds|funds|
|||||2021|2021|
|||||F||
|Business|interruption|insurance|claim|25,000|25,000|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2022|2022|
||E||
|Consultancy|10,800|10,800|
||Unrestricted|Total|
||funds|funds|
||2021|2021|
||F|8|
|Entertainment|1,924|1,924|
|Consultancy|10,800|10,800|
||12,724|12,724|
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||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2022|2022|2022|
||||6|K|F|
|Chantable|activities||411,144|48,352|459,496|
||||Activities|||
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2021f|2021|2021
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|Charitable|activities||538,877|130,047|668,924|
|Analysis of||direct costs||||
|||||Total|Total|
|||||funds|funds|
|||||2022|2021|
|||||5||
|Staff costs||||321,491|385,888|
|Professional||fees||30,653|98,378|
|Events costs||||59,000|54,611|
|||||411,144|538,877|
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|||||Total|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022
F|2021f|
|Depreciation||||258|2,364|
|Travel and subsistence||||6,294|9,532|
|HR costs||||4,221|3,737|
|Bank charges||||1,491|1,033|
|Advertising
and marketing||||8,818|2,470|
|Telephone||||3,794|3,605|
|Insurance||||2,136|2,864|
|IT contracts||||6,122|2,947|
|Printing,
postage and stationery||||347|57|
|Subscriptions||||1,617|5,362|
|Rent||||3,000|18,000|
|Foreign exchange differences||||(116)|37,921|
|Irrecoverable|VAT|||3,309|32,667|
|Governance|costs|||7,061|7,488|
|||||48,352|130,047|
|Auditor's
remuneration||||||
|||||2022|2021|
|||||6|8|
|Fees payable|to the Charity's|auditor for the audit ofthe Charity's|annual|||
|accounts||||5,400|4,900|
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|Staff costs|||
|---|---|---|
||2022|2021|
||6|8|
|Wages and salaries|295,633|338,486|
|Social security costs|17,481|33,492|
|Pension costs|8,377|13,910|
||321,491|385,888|
||2022|2021|
|---|---|---|
||No.|No.|
|Staff|10|10|
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||Fixtures and|Computer||
|---|---|---|---|
||fittings|equipment|Total|
||E|F|f.|
|Cost||||
|At 1 January 2022|1,330|10,929|12,259|
|Additions||1,149|1,149|
|At 31 December 2022|1,330|12,078|13,408|
|Depreciation||||
|At 1 January 2022|1,330|10,929|12,259|
|Charge for the year||258|258|
|At 31 December 2022|1,330|11,187|12,517|
|Net book value||||
|At 31 December 2022||891|891|
|At 31 December 2021||||
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|||2022|2021|
|---|---|---|---|
|||6|6|
|Trade debtors||23,037|4,213|
|Other debtors|||7,202|
|Prepayments|and accrued income|165,916|71,839|
|||188,953|83,254|
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|Creditors|: Am|ount|s|falling due|within one year|||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||F||
|Trade creditors||||||4,963|26,906|
|Other taxation||and|social security|||38,23&|36,244|
|Other creditors||||||52,474|178,230|
|Accruals|and deferred|||income||131,620|123,971|
|||||||227,295|365,351|
|||||||2022|2021|
|||||||E|F|
|Deferred|income at 1|||January 2022||119,256|124,927|
|Resources deferred|||during the year|||112,248||
|Amounts|released||from previous||periods|(106,739)|(5,671)|
|||||||124,765|119,256|
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|||||||Balance at|
|---|---|---|---|---|---|---|
||||Balance at 1|||31|
||||January|||December|
||||2022|Income|Expenditure|2022|
|||||5|6|F|
|Unrestricted
funds|||||||
|General|Funds||140,407|212,131|(192,406)|160,132|
|Restricted funds|||||||
|H2020 -|Nefertiti|||69,271|(69,271)||
|H2020 -|DISARM|||40,660|(40,660)||
|H2020 -|FAIRshare|||67,581|(67,581)||
|H2020 -|SmartAgriHubs|||30,265|(30,265)||
|H2020 -|DECIDE|||14,344|(14,344)||
|H2020 -|Climate|Farm||4,155|(4,155)||
|Cadogan||||34,329|(34,329)||
|Dulverlon|Trust|||5,930|(5,930)||
|Elizabeth|Creak|||5,835|(5,835)||
|Nitrogen|Reduction|||5,520|(5,520)||
|||||277,890|(277,890)||
|Total of|funds||140,407|490,021|(470,296)|160,132|
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|Stateme|nt offunds - prior year|||||
|---|---|---|---|---|---|
||||||Balance at|
|||Balance at|||31|
|||1 January|||December|
|||2021|Income|Expenditure|2021|
|||E|8|6|6|
|Unrestricted
funds||||||
|General|Funds|243,465|227,497|(330,555)|140,407|
|Restricted funds||||||
|H2020 -|IWMPRAISE||3,525|(3,525)||
|H2020 -|Nefertiti||130,236|(130,236)||
|H2020 -|DISARM||80,903|(80,903)||
|H2020 -|EURAKNOS||89,281|(89,281)||
|H2020 -|FAIRshare||25,988|(25,988)||
|H2020 -|DECIDE||1,145|(1,145)||
|H2020 -|RUCAPS||5,509|(5,509)||
|Unbury||8,835||(8,835)||
|Cadogan|||5,671|(5,671)||
|||8,835|342,258|(351,093)||
|Total of|funds|252,300|569,755|(681,648)|140,407|
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|Analysis|of n|et assets between funds - cur|rent year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022f|2022
6|2022
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|Tangible|fixed|assets|891||891|
|Current|assets||335,546|50,890|386,536|
|Creditors|due|within one year|(176,405)|(50,890)|(227,295)|
|Total|||160,132||160,132|
|Analysis of net assets between funds - prio|r year|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
||8|F||
|Current assets|210,479|295,279|505,758|
|Creditors due within one year|(70,072)|(295,279)|(355,351)|
|Total|140,407||140,407|
||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||8|
|Net
income/expenditure|||for|the|year|(as|per|Statement|of|Financial|||
|Activities)|||||||||||19,725|(111,893)|
|Adjustments||for:|||||||||||
|Depreciation||charges|||||||||258|2,353|
|Increase|in|debtors|||||||||(105,699)|(54,825)|
|Decrease|in|creditors|||||||||(138,056)|(80,968)|
|Net cash|used in operating|||activities|||||||(223,772)|(245,324)|
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|||2022|2021|
|---|---|---|---|
|||E|E|
|Cash|in hand|146,693|246,480|
|Cash|held for grants|50,890|176,024|
|Total|cash and cash equivalents|197,583|422,504|
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|||||||At|1||At 31|
|---|---|---|---|---|---|---|---|---|---|
|||||||January|||December|
|||||||2022||Cash flows|2022|
|||||||||E|E|
||||||||E|||
|Cash|at|bank|and|in|hand|422,504||(224,921)|197,583|
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