## 

|||||Page|
|---|---|---|---|---|
|Legal and Administrative||Information|||
|Report ofthe|Trustees|||2-6|
|Independent|Auditor's<br>Report|||7-10|
|Consolidated|Statement|of Financial|Activities||
|Consolidated|Statement|of Financial|Position|12|
|Consolidated|Statement|ofCash flows||13|
|Notes to the|Financial Statements|||14-29|





## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 



## 






## 

## 

## 

## 



## 

## 



## 



## 

|For the year ended 31 Dece|mber 2020|||||
|---|---|---|---|---|---|
|||2020|2020|2020|2019|
|||Unrestricted<br>Fends|Restricted<br>FnnrIs|Total<br>Funds|Terai<br>Fends|
||Notes|F|F|||
|Income from:|||||as restated|
|Donations<br>and legacies|2|1,179,192|19,368|1,198,560|922,806|
|Raising funds|||||10,307|
|Other trading<br>activities|4|220,790|21,999|242,789|249,941|
|Investment<br>Income||65||65|4,025|
|Total income||1,400,047|41,367|1,441,414|1,187,079|
|Resources expended||||||
|Raising funds|6|41,025||41,025|41,729|
|Charitable<br>activities|6|524,265|19,368|543,633|571,884|
|Other trading<br>activities|6|190,660|21,999|212,659|219,716|
|Total resources expensed||755,950|41,367|797,317|833,329|
|Net incoming<br>resources||644,097||644,097|353,750|
|Reconciliation<br>offunds||||||
|Total funds brought<br>forward||2,215,618||2,215,618|1,861,868|
|Total funds carried forward||2,859,715||2,859,715|2,215,618|





## 

|As at 31 De|cembe|r 2020||||||
|---|---|---|---|---|---|---|---|
|||||The|Group|The|Charity|
|||||2020|2019|2020|2019|
||||Notes|F||6|F|
|Fixed assehi||||||||
|Tangible assets|||12|1,643,945|1,198,700|1,556,619|1,162,801|
|Investments|||13|||2|2|
|||||1.643,945|1,198,700|1,556,621|1,162,803|
|Current assets||||||||
|Stocks|||18|22,585|24,052|||
|Debtors|||17|253,991|200,370|470,739|270,380|
|Cash at bank|and in hand|||'l,058,897|879,545|937,182|841,127|
|||||1,335,473|1,103;967|1,407,921|1,111,507|
|Current<br>Liabilities||||||||
|Creditors: amounts<br>within one year||falling due|18|119,703|54,358|115,949|42,850|
|Net current|asseR|||1,215,770|1,049,609|1,291,972|1,068,657|
|Total assets|less current|||||||
|liabilities||||2,859,715|2,248,309|2,848,593|2,231,460|
|Creditors: amounts<br>after one year||falling due|1$||32,691||32,691|
|Net assets||||2,859,715|2,215,618|2,848,593|2,198,769|
|Funds||||||||
|Unrestricted|funds|||2,859,715|2,215,618|2,848,593|2,198,769|
|Restncted funds||||||||
|Total Funds||||2,859,715|2,215618|2,848,593|2,198,789|





## 

|||||The|Group|The|Charity|
|---|---|---|---|---|---|---|---|
|||||2020|2019|2020|2019|
||||Notes|6|F|F|6|
||||||as restated||as restated|
|Cash flows from operating||||||||
|activities|||24|687,657|245,306|547,205|243,112|
|Cash flows from investing||||||||
|activities||||||||
|Interest receivable|||||4,025||4,025|
|Purchase of tangible|fixed|||||||
|assets||||(508,970)|(177,714)|(451,815)|(175,108)|
|Disposal of tangible|fixed|||||||
|assets||||600|7,680|600|7,680|
|Net cash provided|by|||||||
|investing<br>activities||||(508,305)|(166,009)|(451,150)|(163,403)|
|Change<br>in cash and cash||||||||
|equivalents<br>in the|year|||179,352|79,297|96,055|79,709|
|Cash and cash equivalents||at||||||
|the beginning<br>ofthe|year|||879,545|800,248|841,127|761,418|
|||||1,058,897|879,545|937,182|841,127|
|Cash and cash equivalents|||at|||||
|the end ofthe year||||1,058,897|879,545|937,182|841,127|





## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

|Income from|donations|and legacies|2020|2019|
|---|---|---|---|---|
||||8|6|
|||||as restated|
|Adopt a donkey scheme|||175,500|133,750|
|Donations|||353,484|296,827|
|Government|funding||18,543||
|Gift aid|||47,656|20,965|
|Legacies|||603,377|471,264|
||||1,198,560|922,806|



## 

## 

|Income from raising funds|2020|2019|
|---|---|---|
||8||
|Raffle income||10,307|
|||10,307|



## 

|Income from|other|trading|activities|2020|2019|
|---|---|---|---|---|---|
|||||F|6|
|Income from|trading|subsidiary||209,456|249,941|
|Government|funding|||33,333||
|||||242,789|249,941|



|Scheme, thi<br>2019.|s has been recorded<br>within restricted|income. No government<br>grants were|received<br>in|
|---|---|---|---|
|Investment|Income|2020|2019|
|||F|6|
|Interest receivable||65|4,025|
|||65|4,025|





## 

|7|Net income/(expenditure)|Net income/(expenditure)|Net income/(expenditure)||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||6|6|
||Net income/(expenditure)|||is stated|after charging/(crediting):||||
||Depreciation||||||50,954|45,316|
||Profit/loss<br>on disposal||offixed assets||||12,172|160|
||Auditor's<br>remuneration||||||5,760||
|8|Staff costs||||||||
||Number of|employees|||||2020|2019|
||The average|number|ofemployees||during the|year was:|Number|Number|
||Farm Staff||||||11|11|
||Office Staff||||||5|6|
||Fundraising|Staff|||||1|1|
||Cafe Staff||||||5|2|
||Shop Staff||||||2|1|
||Retail management<br>Staff||||||1|2|
||||||||25|23|
||Employment|costs|||||2020|2019|
||||||||6||
||Salaries and|wages|||||345,952|350,837|
||Social security costs||||||17,280|18,606|
||Employer's<br>contribution<br>to defined||||contribution|pension scheme.|4,944|3,801|
||||||||368,176|373,244|





## 

## 

|Pension costs|Pension costs|2020|2019|
|---|---|---|---|
|||6|6|
|Employer's|pension cost|4,944|3,801|
|||4,944|3,801|



## 

## 



## 

## 

|Tangible fixed assets|||||
|---|---|---|---|---|
|Group and charity|Land and<br>buildings<br>f|Plant and<br>machinery<br>etc<br>6|Motor<br>vehicles|Total|
|Cost|||||
|At 1 January 2020|1,289,052|211,177|25,692|1,525,921|
|Additions|440,825|68,145||508,970|
|Disposals|(13,871)|(18,222)||(32,093)|
|At 31 December 2020|1,716,006|261,100|25,692|2,002,798|
|Depreciation|||||
|At 1 January 2020|196,454|112,898|17,869|327,221|
|Charge for the year|26,823|22,175|1,956|50,954|
|On disposals|(2,808)|(16,514)||(19,322)|
|At 31 December 2020|220,469|118,559|19,825|358,853|
|Net book value|||||
|At 31 December 2020|1,495,537|142,541|5,867|1,643,945|
|At 31 December 2019|1,092,598|98,279|7,823|1,198,700|
|Charity|Land and<br>buildings|Plant and<br>machinery<br>etc|Motor<br>vehicles|Total|
|||6|||
|Cost|||||
|At 1 January 2020|1,289,052|155,533|25,692|1,470,277|
|Additions|440,825|10,990||451,815|
|Disposals|(13,871)|(17,756)||(31,627)|
|At 31 December 2020|1,716,006|148,767|25,692|1,890,465|
|Depreciation|||||
|At 1 January 2020|196,454|93,153|17,869|307,476|
|Charge for the year|26,823|16,631|1,956|45,410|
|On disposals|(2,808)|(16,232)||(19,040)|
|At 31 December 2020|220,469|93,552|19,825|333,846|
|Net book value|||||
|At 31 December 2020|1,495,537|55,215|5,867|1,556,619|
|At 31 December 2019|1,092,598|62,380|7,823|1,162,801|





## 

|Not|es to the Financial State|ments||||
|---|---|---|---|---|---|
|13|Investments|||||
||Charity|||Subsidiary|Undertakings|
|||||2020|2019|
|||||f||
||Cost and net book value at 1 January and 31 December|||||
||Details ofthe subsidiary|undertakings|are set out below:|||
|||||County of||
|||||Incorporation|% Held|
||The Isle ofWight Donkey|Sanctuary|I imited|England|100|



## 

|Summary ofsubsidiary|results|results||2020f|2019f|
|---|---|---|---|---|---|
|Turnover<br>Cost ofsales||||209,456<br>~86,309|249,941<br>~330,345|
|Gross profit||||123,347|139,596|
|Administrative<br>expenses||||(126,550)|(109,371)|
|Government<br>Funding||||33,333||
|Profit on ordinary<br>activities<br>Deed ofcovenant to parent||undertaking||30,130<br>~35,857|30,225<br> ~32,449|
|Profit for the financial year||||(5,727)|(2,224)|
|The aggregate<br>ofassets,|liabilities||and funds was:|||
|Assets<br>I iabilities||||237,814<br>~226,690|98,918<br> ~82,067|
|Funds||||11,124|16,851|





## 

## 

|The pa|rent char|ity's gross income and the results|for the year are disclosed as follows:||
|---|---|---|---|---|
||||2020f|2019|
|||||as restated|
|Gross|incoming|resources|1,234,482|969,587|
|Result|for the year||649,824|355,974|



## 

|Stocks|||||
|---|---|---|---|---|
||The Group||The Charity||
||2020<br>f|2019<br>f|2020f|2019f|
|Stocks held for other trading|||||
|activities|22,585|24,052|||
||22,585|24,052|||



## 

## 

|||The Group||The Charity||
|---|---|---|---|---|---|
|||2020f|2019f|2020f|2019f|
||||as restated||as restated|
|Other Debtors||9,368|14,398|3,511|14,398|
|Prepayments||15,946|4,224|15,615|3,675|
|Amounts|due from group|||||
|undertakings||||222,936|70,559|
|Accrued|income|9,681|2,216|9,681|2,216|
|I egacies|receivable|218,996|179,532|218,996|179,532|
|||253,991|200,370|470,739|270,380|



## 

||The Group||The Charity||
|---|---|---|---|---|
||2020f|2019f|2020f|2019f|
|Trade creditors|12,749|22,708|9,635|18,913|
|Taxation and social security|6,773|11,382|6,773|6,190|
|Other creditors||12,239||10,618|
|Accrued expenses|10,909|2,350|10,269|1,450|
|Bank loan|89,272|5,679|89,272|5,679|
||119,703|54,358|115,949|42,850|





## 

## 

||||||The|Group|The|Charity||
|---|---|---|---|---|---|---|---|---|---|
||||||2020|2019|2020||2019|
||Bank loan|||||32,691|||32,691|
|||||||32,691|||32,691|
||Please refer||to the|note 18for further|information|regarding<br>bank loans.||||
|20|Analysis ofgroup|||net assets between funds (current year)||||||
|||||||General<br>unrestricted|Restricted<br>funds|Totalfunds||
|||||||f|||f|
||Net assets|||||2,859,715||2,859,715||
|||||||2,859,715||2,859,715||
|21|Analysis ofgroup|||net assets between funds (prior year)||||||
|||||||General<br>unrestricted|Restricted<br>funds|Totalfunds||
||||||||f|||
|||||||as restated|||as restated|
||Net assets|||||2,215,618||2,215,618||
|||||||2,215,618||2,215,618||
|22a|Movements||in funds (current year)|||||||
||||||As at|Income|Expenses||As at|
||||||1 Jan 2020|&Gains|&Losses|31|Dec 2020|
||||||f|f|f||f|
||Total Unrestricted|||funds|2,215,618|1,400,047|755,950|2,859,715||
||Restricted|funds||||||||
||Government||funding - Charitable|||||||
||activities|||||18,543|18,543|||
||Government||funding - Other|||||||
||trading<br>activities|||||21,999|21,999|||
||The Donkey||Sanctuary-|||||||
||Rehoming|costs||||825|825|||
||Total funds||||2,215,618|1,441,414|797,317|2,859,715||





## 

## 

||||As at|Income|Expenses|As at|
|---|---|---|---|---|---|---|
||||1 Jan 2019|&Gains|&Losses|31Dec 2019|
||||6||6|6|
||||as restated|as restated||as restated|
|Total|Unrestricted|funds|1,861,868|1,187,079|833,329|2,215,618|
|Total|funds||1,861,868|1,187,079|833,329|2,215,618|



## 

## 

## 

## 

## 

## 

|||||2020|2019|
|---|---|---|---|---|---|
|||||6||
||||||as restated|
|Net income for the|reporting|period||644,097|353,750|
|Adjustments<br>for:||||||
|Depreciation<br>charges||||50,953|45,316|
|(Profit)/Loss<br>on disposal offixed|||assets|12,172|160|
|Interest receivable||||(65)|(4,025)|
|(Increase)/Decrease|in stocks|||1,467|(7,380)|
|(Increase)/Decrease|in debtors|||(53,621)|(132,176)|
|Increase/(Decrease)|in creditors|||32,654|(10,339)|
|Net cash provided|by operating||activities|687,657|245,306|





## 

|Comparatives<br>for the statement|offinancial activit|ies|||
|---|---|---|---|---|
||2019|2019|2019|2018|
||Unrestricted<br>Funds|Restricted<br>Funds|Total<br>Funds|Total<br>Funds|
||5||||
||aa restated||as restated||
|Income from:|||||
|Donations<br>and legacies|922,806||922,806|600,677|
|Raising funds|10,307||10,307|15,626|
|Other trading<br>activities|249,941||249,941|222,299|
|Investment<br>Income|4,025||4,025|3,693|
|Total incoming<br>resources|1,187,079||1,187,079|842,295|
|Resources expended|||||
|Raising funds|41,729||41,729|14,600|
|Charitable<br>activities|219,716||219,716|503,671|
|Other trading<br>activities|571,884||571,884|191,999|
|Total resources expensed|833,329||833,329|710,270|
|Net Income|353,750||353,750|132,025|
|Reconciliation<br>offunds|||||
|Total funds brought<br>forward|1,861,868||1,861,868|1,729,843|
|Total funds carried forward|2,215,618||2,215,618|1,861,868|





## 

## 

||||||Equipment|Equipment||
|---|---|---|---|---|---|---|---|
||||||2020||2019|
||||||5||f|
|Less than one year|||||1,997|||
|More than one year|||||7,155|||
||||||9,152|||
|Capital commitments||||||||
|At the balance sheet|date, the group had committed|||to anil (2019:Fnil)||||
|Controlling<br>party||||||||
|The charity is controlled||by its trustees||||||
|Prior year adjustments||||||||
||||||The|Charity||
|Statement ofchanges||in charitable|funds||2020||2019|
||||||6||6|
|Total funds<br>Bfwd|||||2,198,769|1,842,794||
|Net incoming<br>resources||for the year|||649,824||176,443|
|Prior year adjustment|(note a)||||||179,532|
|Total funds Cfwd|||||2,848,593|2,|198,769|
||||||The|Group||
||||||2020||2019|
||||||6||6|
|Total funds<br>Bfwd|||||2,215,618|1,861,868||
|Net incoming<br>resources||for the year|||644,097||174,218|
|Prior year adjustment|(note a)||||||179,532|
|Total funds Cfwd|||||2,859,715|2,215,618||



## 

## 

## 



## 

##