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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|4|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|8|to|14|
|Detailed Statement ofFinancial Activities|15|to|16|
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|fo|r the Year En|ded 31December|2021|||
|---|---|---|---|---|---|
|||||31.12.21|31.12.20|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund|fund|funds|fundsI|
|INCOME AND ENDOWMENTS FROM||||||
|Donations
and legacies||23,912|72,694|96,606|29,164|
|Charitable
activities||||||
|Fundraising|||||300|
|Farming||147,139||147,139|145,680|
|Trading activities||433||433|127|
|Investment
income||19||19|236|
|Other income||9,432||9,432|16,089|
|Total||180,935|72,694|253,629|191,596|
|EXPENDITURE ON||||||
|Raising funds||5,205||5,205|90|
|Charitable
activities||||||
|Fundraising||2,862||2,862|1,989|
|Farming||120,206|54,584|174,790|172,383|
|Corporate governance||1,440||1,440|1,080|
|Trading activities||24,980|6,965|31,945||
|Total||154,693|61,549|216,242|175,542|
|NET INCOME||26,242|11,145|37,387|16,054|
|RECONCILIATION OF FUNDS||||||
|Total funds brought forward||342,220|24,205|366,425|350,371|
|TOTAL FUNDS CARRIED FORWARD||368,462|35,350|403,812|366,425|
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|||||31.12.21|31.12.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund|fundI|funds|funds|
|FIXEDASSETS||||||
|Tangible assets||207,285|200,745|408,030|324,854|
|CURRENT ASSETS||||||
|Debtors|||||3,273|
|Cash at bank||167,450|21,944|189,394|233,787|
|||167,450|21,944|189,394|237,060|
|CREDITORS||||||
|Amounts
falling due within one year|9|(6,272)|(4,735)|(11,007)|(13,148)|
|NET CURRENT ASSETS||161,178|17,209|178,387|223,912|
|TOTAL ASSETSLESSCURRENT LIABILITIES||368,463|217,954|586,417|548,766|
|CREDITORS||||||
|Amounts
falling due atter more than one year|10||(182,605)|(182,605)|(182,341)|
|NET ASSETS||368,463|35,349|403,812|366,425|
|FUNDS||||||
|Unrestricted
funds||||368,463|342,220|
|Restricted funds||||35,349|24,205|
|TOTAL FUNDS||||403,812|366,425|
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|Improvements
to property|Improvements
to property|Improvements
to property|20%on cost, 10%on cost, 2%on cost and 1%on cost|
|---|---|---|---|
|Plant and|machinery||10%on cost|
|Farming|equipment|—mechanical|15%on cost|
|Farming|equipment|-other|20%on cost|
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|2.|TRADING ACTI|VITIES|||
|---|---|---|---|---|
||||31.12.21|31.12.20|
||Farm gate sales||433|127|
|3.|INVESTMENT INCOME||||
||||31.12.21|31.12.20|
||Bank interest received||19|236|
|4.|RAISING FUNDS||||
||Raising donations|and legacies|||
||||31.12.21|31.12.20|
||Supportcosts|||90|
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|||31.12.21|31.12.20|
|---|---|---|---|
|General staff||8|8|
|No employees received emoluments|in excess of560,000.|||
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|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Improvements||
|||Long|to|Plant and|
|||leasehold
I|property|machinery|
|COST|||||
|At 1 January 2021||80,000|247,110|960|
|Additions|||82,267|21,104|
|At 31December 2021||80,000|329,377|22,064|
|DEPRECIATION|||||
|At 1 January 2021||2,003|28,578|221|
|Charge for year||800|11,451|724|
|At 31December 2021||2,803|40,029|945|
|NET BOOKVALUE|||||
|At 31December 2021||77,197|289,348|21,119|
|At 31December 2020||77,997|218,532|739|
||Farming|Farming|||
||equipment|equipment|Computer||
||- mechanical|- other|equipment|Totals|
|||g|||
|COST|||||
|At 1 January 2021|36,097|14,572|3,992|382,731|
|Additions||1,274|878|105,523|
|At 31December 2021|36,097|15,846|4,870|488,254|
|DEPRECIATION|||||
|At 1 January 2021|18,051|8,514|510|57,877|
|Charge for year|5,415|2,940|1,017|22,347|
|At 31December 2021|23,466|11,454|1,527|80,224|
|NET BOOKVALUE|||||
|At 31December 2021|12,631|4,392|3,343|408,030|
|At 31December 2020|18,046|6,058|3,482|324,854|
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|||||||
|---|---|---|---|---|---|
|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31.12.21|31.12.20|
||Other debtors||||3,273|
|9.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31.12.21|31.12.20|
||Trade creditors|||90||
||Social security and other taxes|||2,756|3,918|
||Other creditors|||1,253|2,143|
||Accrued expenses|||2,172|2,172|
||Deferred capital grants|||4,736|4,915|
|||||11,007|13,148|
|10.|CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN||ONE YEAR|||
|||||31.12.21|31.12.20|
||Deferred capital grants|||182,605|182,341|
|11.|MOVEMENT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At 1.1.21|in funds|31.12.21|
||Unrestricted
funds|||||
||General fund||342,220|26,243|368,463|
||Restricted funds|||||
||Restricted fund||24,205|11,144|35,349|
||TOTAL FUNDS||366,425|37,387|403,812|
||Net movement
in funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||Unrestricted
funds|||||
||General fund||180,935|(154,692)|26,243|
||Restricted funds|||||
||Restricted fund||72,694|(61,550)|11,144|
||TOTAL FUNDS||253,629|(216,242)|37,387|
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||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.1.20|in funds|31.12.20|
|Unrestricted
funds|||||||
|General fund||||329,511|12,709|342,220|
|Restricted funds|||||||
|Restricted fund||||20,860|3,345|24,205|
|TOTAL FUNDS||||350,371|16,054|366,425|
|Comparative
net movement||in funds, included in the above are as follows:|||||
|||||Incoming|Resources|Movement|
|||||resources
f|expended|in funds|
|Unrestricted
funds|||||||
|General fund||||168,196|(155,487)|12,709|
|Restricted funds|||||||
|Restricted fund||||23,400|(20,055)|3,345|
|TOTAL FUNDS||||191,596|(175,542)|16,054|
|A current year 12months|and prior year 12tnonths||combined position is as|follows:|||
||||||Net||
||||||movement|At|
|||||At 1.1.20|in funds|31.12.21|
||||||8||
|Unrestricted
funds|||||||
|General fund||||329,511|38,952|368,463|
|Restricted funds|||||||
|Restricted fund||||20,860|14,489|35,349|
|TOTAL FUNDS||||350,371|53,441|403,812|
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||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|349,131|(310,179)|38,952|
|Restricted funds||||
|Restricted fund|96,094|(81,605)|14,489|
|TOTAL FUNDS|445,225|(391,784)|53,441|
|Cash||||
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||~FF
C
F|||
|---|---|---|---|
||Detailed Statement ofFinancial Activities|||
||for the Year Ended 31December 2021|||
|||31.12.21|31.12.20|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||22,621|5,644|
|Gilt aid||1,291|120|
|Grants||72,694|23,400|
|||96,606|29,164|
|Trading activities||||
|Farm gate sales||433|127|
|Investmentincome||||
|Bank interest received||19|236|
|Charitable
activities||||
|Service user fees||147,139|145,680|
|Training income|||300|
|||147,139|145,980|
|Other income||||
|Government
Covid-19 grants||9,432|16,089|
|Total incoming resources||253,629|191,596|
|EXPENDITURE||||
|Charitable
activities||||
|Wages||73,277|54,247|
|Social security||2,256|1,171|
|Pensions||1,080|736|
|Farm maintenance||37,339|23,846|
|Livestock costs||2,880|4,066|
|Fundraising
expenses||2,186|1,989|
|||119,018|86,055|
|Support costs||||
|Management||||
|Wages||57,814|55,049|
|Social security||3,199|2,471|
|Pensions||1,072|1,062|
|Rates and water||293|1,915|
|Insurance||4,346|4,147|
|Carried forward||66,724|64,644|
##
||Detailed Statement ofFinancial Activities|||
|---|---|---|---|
||for the Year Ended 31December 2021|||
|||31.12.21|31.12.20|
|Management||||
|Brought forward||66,724|64,644|
|Light and heat||5,507|3,263|
|Administmtion
costs||1,682|846|
|Postage and stationery||193|510|
|Stafftraining||2,082|239|
|Travel and subsistence||818||
|||77,006|69,502|
|Finance||||
|Bank charges||566|245|
|Depreciation||||
|Long leasehold||800|2,003|
|Improvements
to properly||7,555|7,794|
|Plant and machinery||424|192|
|Farming
equipment - mechanical||5,415|5,415|
|Farming
equipment - other||2,827|2,291|
|Computer
equipment||411||
|||17,432|17,695|
|Governance
costs||||
|Accountancy
and legal fees||2,220|2,045|
|Total resources expended||216,242|175,542|
|Net income||37,387|16,054|