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|||Page|
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|Legal and administrative|information||
|Report ofTrustees||2 —5|
|Independent
examiner's|report||
|Statement offinancial|activities||
|Balance sheet|||
|Notes to the financial statements||9—20|
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|||||||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|
##
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|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|||||||||
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|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|
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|6|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|
##
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|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|
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|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|
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|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.||||||||||||||
|||Page||19||||||||||
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