2021-05-31-accounts - The Exmoor Society

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		Page
Legal and administrative	information
Report ofTrustees		2 —5
Independent examiner's	report
Statement offinancial	activities
Balance sheet
Notes to the financial statements		9—20

						2021	2020
			Unrestricted	Designated	Restricted	Total	Total
			Funds	Funds	Funds
		Notes				f
Incoming resources
Income and endowments	from:
Donations and legacies			30,157	59,286	25,100	114,543	48,858
Charitable activities			6,598	835	0	7,433	7,340
investment income			11,388	0	0	11,388	11,169
			48,143	60,121	25,100	133,364	67,367
Resources expended
Raising funds			2,232	508	0	2,740	7,616
Charitable activities			44,948	11,511	5,599	62,058	56,532
Material items			0	0	0	0	0
Other			5,275	0		5,275	5,946
Total resources expended			52,455	12,019	5,599	70,073	70,094
Net incoming/(outgoing)	resources		-4,312	48,102	19,501	63,291	-2,727
Transfers between funds			4,647	-4647	0	0	0
Net incoming/(outgoing)	resources
before other recognized	gains and losses		335	43,455	19,501	63,291	-2,727
Other recognized gains and losses
Gains on investment assets			41,480	0		41,480	18,076
Net movement in funds			41,815	43,455	19,501	104,771	15,349
Total funds brought forward			292,547	123,505	31,145	447,197	431,848
Total funds carried forward			334,362	166,960	50,646	551,968	447,197

The Exmoor	Society	Society
Balance Sheet
As at 31May 2021
					Note	2021		2020
Fixed assets
Tangible assets					14		7,683		12,330
Investments					15		444,041		342,561
							451,724		354,891
Current assets
Stocks					16	1,765		1,855
Debtors					17	4,973		4,677
Cash at bank	and in		hand		19	100,204		97,600
						106,942		104,132
Creditors: amounts			falling due
within one year					18.1	-1,970		-6,573
Net current	assets						104,972		97,559
Total assets	less current			liabilities			556,696		452,450
Accruals and	deferred income				18.2		-4,728		-5,253
							551,968		447,197
Funds					23
Restricted funds							50,646		31,145
							50,646		31,145
Unrestricted	income		funds:
Unrestricted	income		funds				327,312		285,497
Designated funds							166,960		123,505
Revaluation	reserve						7,050		7,050
Total unrestricted		income		funds			501,322		416,052
Total Funds							551,968		447,197

The Exmo	or Society
Notes to	the financial statements
Forthe year ended 31May 2021
2.2 (cont)Donated goods and services
	There are no donated goods for use by the charity, distribution				or resale.
	There are no donated services or facilities.
	The value oftime provided by volunteers has not	been included			in the	accounts but			has
	been referred to in the trustees' annual report.
	Support Costs
	The charity has incurred expenditure on support costs
	Income from interest, royalties and dividends
	This is included in the accounts when receipt is probable		and the amount				receivable		can be measured		reliably.
	Income from membership subscriptions
	Membership subscriptions are shown as a separate item in			the	notes.
	Settlement ofinsurance claims
	There are no claims to report
	Investment gains and losses
	This includes any realized or unrealized gains or losses on the sale of investments							and any
	gain or loss resulting from revaluing investments	to market		value at the end ofthe					year.
2.3	Expenditure and liabilities
	Liability recognition
	Liabilities are recognized where it is more than likely than not there is					a legal or
	constructive obligation committing the charity to	pay out resources and the amount							of
	the obligation can be measured with reasonable certainty.
	Governance and support costs
	Governance and support costs have not been split between			activities due			to the activities
	as the amounts involved are small.
	Grants and awards
	There are no conditions attached to the grants and awards			made as the selection				process
	ensures all criteria are met.
	Redundancy costs
	The charity has made no redundancy costs during	the year.
	Deferred income
	No material item of deferred income has been included		in the accounts
	Creditors
	The charity has creditors which are measured at settlement			amounts		less	any trade
	discounts
	Provisions for liabilities and basic financial instruments
	There are no items of this nature in the accounts
2.4	Assets
	Tangible fixed assets for use by charity
	These are capitalized ifthey can be used for more	than one		year and cost at least				f750 (previously		E1,000)
	Fixed assets are depreciated over their useful life	as follows:
	Premises costs-straight line over the initial term	ofthe	lease
	Computer equipment -4years straight line
	Reference library- no depreciation as the value ofthe books is				likely to appreciate				due to their rarity
	The archiving project has meant that the books and documents				are now fully recorded and kept in					very good condition.
	Intangible fixed assets and heritage assets
	The charity has no intangible or heritage fixed assets
	Investments
	Fixed asset investments held with COIF are valued	initially at cost and				subsequently			at fair
	value (open market value) at the year end
	The charity has no unlisted investments or investments		held for resale

Analysis of	income
		Unrestricted	Designated	Restricted	Total Funds	Total Funds
		Funds	Funds	Funds	2021	2020
Donations	and Legacies
Gift Aid		3,433	0		3,433	3,121
Legacies		0	58,101	20,000	78,101	10,200
Grants		0	0	5,000	5,000	8,000
Membership	subscriptions	22,625	0		22,625	21,891
Life membership		0	0		0	0
Donations		4,099	1,185	100	5,384	5,646
		30,157	59,286	25,100	114,543	48,858

Y Harland	10,000
MJ Uppington	20,000
N Rampton	5,000
M Rockett	43,101

			Unrestricted	Designated	Restricted	Total Funds	Total Funds
			Funds	Funds	Funds	2021	2020
						2
							f
Charitable	activities
Sales and	income generated		6,598	835		7,433	7,066
Surplus from		events	0	0			274
			6,598	835		7,433	7,340
Income from		investments
Dividends	from COIF shares		11,368	0		11,368	10,843
Bank interest		receivable	6	0			89
interest-COIF		deposit	14	0		14	237
			11,388	0		11,388	11,169

Analysis of	expenditure	Unrestricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2021	2020
Expenditure	on raising funds
Trading expenditure		2,112	0		2,112	3,772
Advertising	and promotion	120	508			3,844
		2 232	508		2,740	7,616
		Unrestricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds	2021	2020
Expenditure	on
charitable activities
Grants and	awards	0	5150	5,599	10,749	4,897
Subscriptions		1,201	0		1,201	1,299
Staff Costs		26,455	3121		29,576	29,131
Office costs		9,136	251		9,387	9,806
Exmoor Review		6,907	0		6,907	6,410
Webinars		68	0		68	0
Competitions		0	0			79
Books		0	2989		2,989	3,545
Newsletter	and report	1,181	0		1,181	1,365
		44,948	11,511	5,599	62,058	56,532
Other expenditure
IT Fund		0	0
Car parking	etc.	128	0		128	195
Accountancy		500	0		500	540
Depreciation		4,647	0		4,647	5,211
		5,275			5,275	5,946

Analysis ofexpenditu	Analysis ofexpenditu	re on charitable a	ctivities
Activities undertaken		directly
			Grant funding	Support	Total	Total
			ofactivities	Costs	2021	2020
Grants and awards			10,749		10,749	4,976
Subscriptions			1,201		1,201	1,299
Publications			11,145		11,145	11,320
Development	Fund		3,121		3,121	3,738
Establishment	costs			35,842	35,842	35,199
			26,216	35,842	62,058	56,532

7	Extraordinary items
	There are no extraordinary items
8	Funds received as agent
	There are no funds received as agent
9	Support Costs		2021	2020
	Staff costs		26,455	25,393
	Printing, postage and	stationery	2,744	1,834
	Computer and website	costs	1,821	2,143
	Telephone		1,066	842
	Insurance		806	787
	Rates and water		172	398
	Heat and light		1,294	1,597
	Cleaning and repairs		1,274	2,062
	Bank charges		210	143
			35,842	35,199
10	Details ofcertain types ofexpenditure
10.1	Fees for examination	ofaccounts
			2021	2020
	Independent examiners		500	540
11	Paid employees
11.1	Staff Costs
	Salaries and wages		29,576	29,131
	Social security costs		0
	Pension costs
			29,576	29,131

15	Investment assets
15.1	Fixed asset investments	Listed
		Investments
	Value at 1.6.2020	342,561
	Additions during the year	60,000
	Revaluations	41,480
	Value at 31.5.2021	444,041
	Historical Cost at 31.5.2021	249,243
16	Stock	2021	2020
	The charity holds a small amount ofstock ofgoods for sale.
		1,765	1,855
17	Debtors and prepayments
	Other debtors	3,433	3,132
	Prepayments	1,541	1,545
		4,974	4,677
18	Creditors and accruals
18.1	Analysis ofcreditors
	Other creditors	890	5,604
	Income in advance		100
	Taxation and social security	367	158
	Accruals	713	711
		1,970	6,573
18.2	Deferred income
	As at 1.6.2020	5,253	5,837
	Increase in year	0
	Released in year	-525	-584
		4,728	5,253

23	Charity funds
				As at	Incoming		Outgoing	Transfers	Gains 5	As at
				01.06.2020	resources		resources		losses	31.05.2021
23.1	Unrestricted fund	—current	year
	Unrestricted fund			202,547	48,143		-52,455	4,647	41,480	244,362
	General designated	fund		90,000				0	0	90,000
	Designated funds (Note 23.3)			123,505	60,121		-12,019	-4,647		166,960
				416,052	108,264		-64,474		41,480	501,322
23.2	Restricted funds -current		year
	Conservation fund			302						293
	Literary award			1,448		0	0	0		1,448
	Windfarm appeal			582		0	0	0	0	582
	Founders award					100	-90			19
	Education fund			385		0	0	0	0	385
	Pinnacle award			5,612	5,000		-5,000	0	0	5,612
	Malcolm MacEwen	Fund		10,807		0	-500		0	10,307
	Premises Fund			0	20,000					20,000
	Campaign Fund			12,000					0	12,000
				31,145	25,100		-5,599	0	0	50,646
23.3	Designated funds	—current	year
	Woodland conservation			139		0			0	139
	Education fund			8,616		0			0	8,616
	ITfund			6,900	10,000			-1,170	0	15,730
	Resource Centre Fund			2,789		149	-33			2,905
	Competition Fund			286		137	-150	0		273
	Publications			6,798		549	-2,989			4,358
	Campaign fund			85,525	24,286		-5,000			104,811
	Development Fund			8,314	25,000		-3,847	0	0	29,467
	New Property fund			4,138		0		-3,477	0	661
				123,505	60,121		-12,019	-4,647		166,960

he ye	ar to31May 202	1
					As at	Incoming	Outgoing	Transfers		Gains &	As at
					01.06.2019	resources	resources			losses	31.05.2020
23A	Unrestricted fund-previous		year
	Unrestricted fund				184,189	48,258	-53,187	5,211		18,076	202,547
	General designated	fund			90,000	0	0		0	0	90,000
	Designated funds (Note 23.6)				131,216	10,109	-12,609	-5,211		0	123,505
					405,405	58,367	-65,796		0	18,076	416,052
23.5	Restricted funds —previous		year
	Conservation fund				401				0		302
	Literary award				1,533	300	-385		0	0	1,448
	yyindfarm appeal				582	0	0		0	0	582
	Founders award					100	-99		0	0
	Education fund				0	600	-215			0	385
	Pinnacle award				612	8,000	-3,000				5,612
	Malcolm MacEwen	Fund			11,307		-500		0	0	10,807
	Campaign Fund				12,000	0	0			0	12,000
					26,443	9,000	-4,298		0	0	31,145
23.6	Designated funds	—previous	year
				0	139	0	0		0		139
	Education fund				3,616	5,000	0		0		8,616
	ITfund				3,634	5,000	0	-1,734		0	6,900
	Resource Centre Fund				2,745	109	-65		0	0	2,789
	Publications Fund				10,343	0	-3,545			0	6,798
	Competition Fund				0		-214		500		286
	Campaign fund				90,260	0	-4,235	-500		0	85,525
	Development Fund				12,864	0	-4,550		0	0	8,314
	New Property fund				7,615	0		-3,477			4,138
					131,216	10,109	-12,609	-5,211		0	123,505

The Exmoor Society
Notes to the financial statements
For the year to31May 2021
23.7Purpose of Funds
Restricted Funds:
Conservation fund
To make an annual award to people who have, in the				opinion	ofthe trustees,				contributed
significantly to the conservation of Exmoor
Literary award
In the name of Lucy Perry this is to offer awards,		to	young people				between the ages of8 and 14years, for a
piece of poetry or prose inspired by Exmoor —its		landscape, fauna,					flora or cultural			heritage and people'			s
enjoyment of it. It is hope that the poetry or prose can form part ofthe school curriculum												requirements.
Windfarm appeal
To research the effect ofwind turbines	upon the	Exmoor environment and campaign to stop the
building of large wind farms within the confines of Exmoor and						its	setting.
Founders award
To make an award to help the charity	in its promotion			of Exmoor
Pinnacle award
To support business opportunities for	young people.
IVloorland report update
To commission an update on the 2004 report —"Moorland at					the Crossroads".				The fund		is now closed.
Malcolm IVlacEwen fund
To use the amount transferred on the	merger of	the	two charities				for Malcolm		MacEwen Trust's original				aims,
which were the advancement ofeducation through			the provision ofgrants to						help support			the costs of research
projects on topics relevant to the conservation of Exmoor National							Park and its special qualities
Restricted and Desi nated Funds:
Education fund
To enhance environmental education	for schools	on	Exmoor and beyond.					To encourage			schools to
visit Exmoor and allow them to participate in a wide			variety of			activities/		Generally		to encourage
a better understanding ofconservation	and Exmoor		National		Park.
Campaign fund
To set up a fund to enable the Society	to embark	on	initiatives			relating to		its objectives.
Premises Fund
To use solely for premises expenditure
Desi nated Funds:
Publications fund
To fund further Studies and other publications.
Woodland conservation
To promote the conservation ofthe Exmoor woodland				area.
I Tfund
To update and make more accessible the Society's ITequipment.
Resource Centre Fund
To use the money received from the sale of materials				which are not relevant to the						Society		in order to
buy books that are currently lacking in	the library.
Competition Fund
To enable the Society to provide prizes	for specific competitions/
New Property fund
To enable the Society to achieve its aims and operate				efficiently		from the		new	premises		the trustees
have transferred this sum from the unrestricted income funds.
Development Fund
To promote the aims and objectives ofthe Society.
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