```
REGISTERED CHARITY NUMBER: 1162135
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2020
```
## **`FOR`**
```
THE PARROT ZOO TRUST
```
```
Duncan & Toplis Limited
27-29 Lumley Avenue
Skegness
Lincolnshire
PE25 2AT
```
```
THE PARROT ZOO TRUST
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2020`**
||**`Page`**|
|---|---|
|**`Report of the Trustees`**|`1 to 2`|
|**`Independent Examiner's Report`**|`3`|
|**`Statement of Financial Activities`**|`4`|
|**`Statement of Financial Position`**|`5`|
|**`Statement of Cash Flows`**|`6`|
|**`Notes to the Statement of Cash Flows`**|`7`|
|**`Notes to the Financial Statements`**|`8 to 14`|
|**`Detailed Statement of Financial Activities`**|`15 to 16`|
```
THE PARROT ZOO TRUST
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended30June2020. The
trusteeshaveadoptedthe provisionsof AccountingandReportingby Charities:Statementof Recommended Practice
applicableto charitiespreparingtheiraccountsin accordancewiththe FinancialReportingStandardapplicablein the
UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
```
The main objectives of the Parrot Zoo Trust are:
```
```
- To meet the needs of captive animals
```
```
-TooperateasLincolnshireWildlifeParkinordertoraisefundsfromourvisitorstomaintaintheupkeepof any
rescued creatures that are in their care either through feeding, medical, housing or staffing.
```
```
-Toraisefundsthroughourvisitorsthatallowstheundertakingofresearchandbreedinginorderto assist
endangered species in the wild..
```
```
-To assist in captive parrot conservation
```
```
-To promote awareness and conservation to the many threatened parrot species around the world
```
```
-To support conservation projects working with vulnerable species
```
```
-Toincreasenumbersofparrotssoastoenablecaptivesecurityforthecommonparrotalongsidethe more
endangered species already recognised in the parrot world.
```
```
-To maintain a partnership with the University of Lincoln in order to facilitate research.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
```
In2019theParrotZooTrust. Commencedconstructionofthenewsensoryenclosureforthe'Nigel'ourmuch loved
Puma who has a debilitatingeye disorder.The enclosurewill offer Nigel a continuedhighqualityof life shouldhe lose
hisvisionfully.Sadlythisenclosurehadtobeputonholdatthelatterstagesofcompletionduetotheworld wide
pandemic.
```
```
The ParrotZooTrusttookchargeof a spectacularpairof whitelionsthatneededsanctuarydueto the lions previous
lifestyleintroductiontothesanctuaryhadtobephasedastheydisplayedagoraphobicbehaviour,refusingto enter
openspaces,thisinmindthetrustreadjustedthedesignonNigel'ssensoryenclosureallowingafurther outdoor
facility to be constructed therefore offering the lions a secondary pen once they leave their introductory enclosure.
```
```
AlreadyhometotheNationalParrotSanctuaryandthelargestcollectionofBengalTigersintheUK,thecharity also
assisted the governmentand NaturalEnglandby creatingthe NationalTurtle Sanctuary,a facilityto offer a permanent
hometoover1000turtlesinordertopreventthemfrombeingabandonedinthemanypondsandlakesaround the
country which has the potential to is cause a severe problems to native flora and fauna,
```
```
Anewplayareawasdesignedandconstructed,offeringchildrenamodernsafeplayareaover100%larger than
previously
```
```
Earlyin 2020 the charitywas severelyaffectedby the worldwidepandemicmeaningwe hadto close the doorsto the
general public meaning a halt in funds.
```
```
Whiletheparkwasclosedthecharitytookfulladvantageandusedasmallamountofcapitalexpenditureto totally
revamp all pathways to the parrots making them both future proof and 100% disabled friendly.
```
## **`FINANCIAL REVIEW`**
```
Thenetadditiontothefundsfortheperiodamountedto£1,495,352(2019:£143,902).Ofthisamount£Nil (2019:
£Nil)are attributableto restrictedactivitiesand£1,495,352are attributablefromunrestrictedfunds(2019 attributed
to funds £143,902).
```
## **`FUTURE PLANS`**
```
Wild4Learningisanambitiousplanthatthecharity'sC.E.Ohasbeendreamingaboutforanumberofyears, the
uniquefacilitywill hold many species of animal in a temperaturecontrolledenvironmentthat school childrenwill have
closeupandpersonalcontactwith.InitialplanshavebeensubmittedforapprovalbyourarchitectsNeil Dowlman
Architecture.
```
```
Page 1
```
```
THE PARROT ZOO TRUST
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2020`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
```
The organisation is a Charitable Incorporated Organisation (CIO) registered on 11 June 2015.
The organisation is governed by a constitution.
```
```
The membersof the ExecutiveCommitteeare the Trusteeforthe purposeof charitylaw andare collectively referred
to as the Trustees.
```
```
The Trustees have had due regards to guidance distributed by the Charity Commission on public benefit.
The Trustees who served during the period and up to the date of this report are set out on page 1.
```
```
The Trustees are elected annually at the annual general meeting. Any casual vacancies can be filled by co-option.
TheTrusteesareinvolvedinthedaytodaymanagementoftheservicealongsideanofficemanager. Executive
Committee meetings are held quarterly through the year.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number`**
```
1162135
```
## **`Principal address`**
```
Dickonhill Road
Friskney
Lincolnshire
PE22 8PP
```
## **`Trustees`**
```
W Roughton
T Bates
I Staples
Mrs S Savage
```
## **`Independent Examiner`**
```
P N McCooey
Institute of Chartered Accountants Ireland
Duncan & Toplis Limited
27-29 Lumley Avenue
Skegness
Lincolnshire
PE25 2AT
```
```
Approved by order of the board of trustees on 27 September 2021 and signed on its behalf by:
```
```
T Bates - Trustee
```
```
Page 2
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE PARROT ZOO TRUST
```
## **`Independent examiner's report to the trustees of The Parrot Zoo Trust`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofTheParrotZooTrust(theTrust)forthe year
ended 30 June 2020.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
```
```
I reportinrespectof my examinationof theTrust'saccountscarriedoutundersection145of theActandin carrying
out my examinationI have followedall applicableDirectionsgiven by the CharityCommissionundersection 145(5)(b)
of the Act.
```
## **`Independent examiner's statement`**
```
Since yourcharity'sgross incomeexceeded£250,000yourexaminermust be a member of a listedbody.I can confirm
thatIamqualifiedtoundertaketheexaminationbecauseIamaregisteredmemberofInstituteof Chartered
Accountants Ireland which is one of the listed bodies.
```
```
I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnection with
the examination giving me cause to believe that in any material respect:
```
`1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
A dispensationwasgrantedthisyearforthetrustonthe24thAugust2021.Theindependentexaminationhas taken
place instead of an audit.
```
```
P N McCooey
Institute of Chartered Accountants Ireland
Duncan & Toplis Limited
27-29 Lumley Avenue
Skegness
Lincolnshire
PE25 2AT
```
```
27 September 2021
```
```
Page 3
```
```
THE PARROT ZOO TRUST
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2020`**
|`Notes`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`Other trading activities`
`3`
`Other income`
**`Total`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
`Other`
**`Total`**
**`NET INCOME`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`TOTAL FUNDS CARRIED FORWARD`**|`Unrestricted`
`fund`
`£`
`2,181,382`
`39,525`
`32,810`
`2,253,717`
`755,278`
`3,087`
`758,365`
`1,495,352`
`532,304`
`2,027,656`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`2020`
`Total`
`funds`
`£`
`2,181,382`
`39,525`
`32,810`
`2,253,717`
`755,278`
`3,087`
`758,365`
`1,495,352`
`532,304`
`2,027,656`|`2019`
`Total`
`funds`
`£`
`795,415`
`44,078`
`-`|
|---|---|---|---|---|
|||||`839,493`
`695,591`
`-`|
|||||`695,591`|
|||||`143,902`
`388,402`|
|||||`532,304`|
```
The notes form part of these financial statements
```
```
Page 4
```
## **`THE PARROT ZOO TRUST`**
## **`STATEMENT OF FINANCIAL POSITION 30 JUNE 2020`**
|`Notes`
**`FIXED ASSETS`**
`Tangible assets`
`10`
**`CURRENT ASSETS`**
`Stocks`
`11`
`Debtors`
`12`
`Cash at bank and in hand`
**`CREDITORS`**
`Amounts falling due within one year`
`13`
**`NET CURRENT ASSETS`**
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
**`NET ASSETS`**
**`FUNDS`**
`14`
`Unrestricted funds`
**`TOTAL FUNDS`**|`Unrestricted`
`fund`
`£`
`736,912`
`10,000`
`823,690`
`580,015`
`1,413,705`
`(122,961)`
`1,290,744`
`2,027,656`
`2,027,656`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`|`2020`
`Total`
`funds`
`£`
`736,912`
`10,000`
`823,690`
`580,015`
`1,413,705`
`(122,961)`
`1,290,744`
`2,027,656`
`2,027,656`
`2,027,656`
`2,027,656`|`2019`
`Total`
`funds`
`£`
`629,747`
`10,000`
`10,842`
`29,252`
`50,094`
`(147,537)`
`(97,443)`
`532,304`
`532,304`
`532,304`
`532,304`|
|---|---|---|---|---|
```
The financialstatementswere approvedand authorisedfor issue by the Boardof Trustees and authorisedfor issue on
27 September 2021 and were signed on its behalf by:
```
```
T Bates - Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
THE PARROT ZOO TRUST
```
## **`STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2020`**
|`Notes`
**`Cash flows from operating activities`**
`Cash generated from operations`
`1`
`Interest paid`
`Net cash provided by operating activities`
**`Cash flows from investing activities`**
`Purchase of tangible fixed assets`
`Net cash used in investing activities`
**`Change in cash and cash equivalents in the`**
**`reporting period`**
**`Cash and cash equivalents at the beginning`**
**`of the reporting period`**
**`Cash and cash equivalents at the end of`**
**`the reporting period`**|`2020`
`£`
`665,462`
`(1,679)`
`663,783`
`(113,020)`
`(113,020)`
`550,763`
`29,252`
`580,015`|`2019`
`£`
`84,725`
`-`
`84,725`
`(78,923)`
`(78,923)`
`5,802`
`23,450`
`29,252`|
|---|---|---|
```
The notes form part of these financial statements
```
```
Page 6
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2020`**
## **`1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES`**
|**`Net income for the reporting period (as per the Statement of Financial`**
**`Activities)`**
**`Adjustments for:`**
`Depreciation charges`
`Interest paid`
`Increase in stocks`
`Increase in debtors`
`Decrease in creditors`
**`Net cash provided by operations`**|`2020`
`£`
`1,495,352`
`5,855`
`1,679`
`-`
`(812,848)`
`(24,576)`
`665,462`|`2019`
`£`
`143,902`
`4,390`
`-`
`(3,500)`
`(5,507)`
`(54,560)`|
|---|---|---|
|||`84,725`|
## `2.` **`ANALYSIS OF CHANGES IN NET FUNDS`**
||`At 1.7.19`|`Cash flow`|`At 30.6.20`|
|---|---|---|---|
||`£`|`£`|`£`|
|**`Net cash`**||||
|`Cash at bank and in hand`|`29,252`|`550,763`|`580,015`|
||`29,252`|`550,763`|`580,015`|
|**`Total`**|`29,252`|`550,763`|`580,015`|
```
The notes form part of these financial statements
```
```
Page 7
```
```
THE PARROT ZOO TRUST
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2020
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsof thecharity,whichis a publicbenefitentityunderFRS 102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial
ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the
Charities Act 2011. The financial statements have been prepared under the historical cost convention.
```
```
Thefinancialstatementsfortheyearended30June2017arethefirstfinancialstatementsofTheParrot Zoo
Trust prepared in accordance with FRS102. There are no material adjustment on transition.
```
## **`Income`**
```
All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds,
it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement
andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis
andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be
directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the
use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful
life.
```
```
Animal Buildings & Enclosures- not provided
Plant and machinery- 20% on reducing balance
```
```
NodepreciationisprovidedontheAnimalBuildingsandEnclosuresasthecharityhastheirownteam of
builders to maintain the building to the high standard required for the keeping of animals.
```
## **`Stocks`**
```
Stocks are valued at the lower of cost or estimated selling price less the costs to sell.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Pension costs and other post-retirement benefits`**
```
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
```
```
continued...
```
```
Page 8
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020`**
## **`1. ACCOUNTING POLICIES - continued`**
## **`Government grants`**
```
Governmentgrantsarerecognisedatthefairvalueoftheassetreceivedorreceivablewhenthere is
reasonableassurancethatthecompanywillcomplywithconditionsattachingtothemandthegrantswill be
received using the accrual model.
```
## **`2. DONATIONS AND LEGACIES`**
|`Donations`
`Gift aid`
`Other income`
`Legacies`
**`3.`**
**`OTHER TRADING ACTIVITIES`**
`Experiences`
**`4.`**
**`RAISING FUNDS`**
**`Raising donations and legacies`**
`Staff costs`
`Support costs`
**`Other trading activities`**
`Opening stock`
`Purchases`
`Closing stock`
`Subscriptions`
`Interest payable and similar charges`
`Aggregate amounts`|`2020`
`£`
`402,520`
`121,529`
`57,333`
`1,600,000`
`2,181,382`
`2020`
`£`
`39,525`
`2020`
`£`
`319,000`
`362,716`
`681,716`
`2020`
`£`
`10,000`
`70,810`
`(10,000)`
`1,073`
`1,679`
`73,562`
`755,278`||`2019`
`£`
`567,710`
`112,829`
`4,069`
`110,807`
`795,415`
`2019`
`£`
`44,078`
`2019`
`£`
`286,707`
`333,484`
`620,191`
`2019`
`£`
`6,500`
`77,529`
`(10,000)`
`1,371`
`-`
`75,400`
`695,591`|
|---|---|---|---|
|||||
|||||
```
continued...
```
```
Page 9
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020`**
## **`5. SUPPORT COSTS`**
|**`SUPPORT COSTS`**|||
|---|---|---|
|`Management`
`£`
`Raising donations and legacies`
`315,770`
`Other resources expended`
`3,087`
`318,857`|`Governance`
`Finance`
`costs`
`£`
`£`
`4,882`
`42,064`
`-`
`-`
`4,882`
`42,064`|`Totals`
`£`
`362,716`
`3,087`|
|||`365,803`|
## **`6. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended30June2020norforthe year
ended 30 June 2019.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year ended 30 June 2020 nor for the year ended 30 June 2019.
```
## **`7. STAFF COSTS`**
|**`STAFF COSTS`**|||
|---|---|---|
|`Wages and salaries`
`Social security costs`
`Other pension costs`|`2020`
`£`
`292,312`
`21,306`
`5,382`
`319,000`|`2019`
`£`
`265,726`
`17,557`
`3,424`|
|||`286,707`|
```
The average monthly number of employees during the year was as follows:
```
||`2020`|`2019`|
|---|---|---|
|`Staff`|`16`|`17`|
```
No employees received emoluments in excess of £60,000.
```
## **`8. EXCEPTIONAL ITEMS`**
```
The trust is due to inherita legacy over a number of years of which the final value has yet to be confirmed, this
year we have recognised £1,600,000 in the accounts of which £800,000 had been received by year end.
```
```
continued...
```
```
Page 10
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020`**
|**`9.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`795,415`
`Other trading activities`
`44,078`
**`Total`**
`839,493`
**`EXPENDITURE ON`**
`Raising funds`
`695,591`
**`NET INCOME`**
`143,902`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`388,402`
**`TOTAL FUNDS CARRIED FORWARD`**
`532,304`
**`10.`**
**`TANGIBLE FIXED ASSETS`**
`Animal`
`Buildings`
`& Enclosures`
`£`
**`COST`**
`At 1 July 2019`
`610,544`
`Additions`
`97,270`
`At 30 June 2020`
`707,814`
**`DEPRECIATION`**
`At 1 July 2019`
`-`
`Charge for year`
`-`
`At 30 June 2020`
`-`
**`NET BOOK VALUE`**
`At 30 June 2020`
`707,814`
`At 30 June 2019`
`610,544`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`Plant and`
`machinery`
`£`
`32,299`
`15,750`
`48,049`
`13,096`
`5,855`
`18,951`
`29,098`
`19,203`|`Total`
`funds`
`£`
`795,415`
`44,078`
`839,493`
`695,591`
`143,902`
`388,402`
`532,304`
`Totals`
`£`
`642,843`
`113,020`
`755,863`
`13,096`
`5,855`
`18,951`
`736,912`
`629,747`|`Total`
`funds`
`£`
`795,415`
`44,078`|
|---|---|---|---|
||||`839,493`
`695,591`|
||||`143,902`
`388,402`|
||||`532,304`|
```
continued...
```
```
Page 11
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020`**
|**`11.`**
**`STOCKS`**
`Stocks`
**`12.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`VAT`
`Prepayments`
**`13.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
`Accrued expenses`
**`14.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.7.19`
`£`
`532,304`
`532,304`
`Incoming`
`resources`
`£`
`2,253,717`
`2,253,717`|`2020`
`£`
`10,000`
`2020`
`£`
`6,027`
`800,000`
`14,695`
`2,968`
`823,690`
`2020`
`£`
`121,986`
`975`
`122,961`
`Net`
`movement`
`in funds`
`£`
`1,495,352`
`1,495,352`
`Resources`
`expended`
`£`
`(758,365)`
`(758,365)`|`2019`
`£`
`10,000`
`2019`
`£`
`1,528`
`-`
`4,624`
`4,690`
`10,842`
`2019`
`£`
`142,247`
`5,290`
`147,537`
`At`
`30.6.20`
`£`
`2,027,656`
`2,027,656`
`Movement`
`in funds`
`£`
`1,495,352`
`1,495,352`|
|---|---|---|---|
```
continued...
```
```
Page 12
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020`**
## **`14. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.7.18`
`£`
`388,402`
`388,402`|`Net`
`movement`
`in funds`
`£`
`143,902`
`143,902`|`At`
`30.6.19`
`£`
`532,304`|
|---|---|---|---|
||||`532,304`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`839,493`
`839,493`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(695,591)`
`143,902`
`(695,591)`
`143,902`|
|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.7.18`
`£`
`388,402`
`388,402`|`Net`
`movement`
`in funds`
`£`
`1,639,254`
`1,639,254`|`At`
`30.6.20`
`£`
`2,027,656`|
|---|---|---|---|
||||`2,027,656`|
```
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedinthe above
are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`3,093,210`
`3,093,210`|`Resources`
`expended`
`£`
`(1,453,956)`
`(1,453,956)`|`Movement`
`in funds`
`£`
`1,639,254`
`1,639,254`|
|---|---|---|---|
```
continued...
```
```
Page 13
```
```
THE PARROT ZOO TRUST
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2020`**
## **`15. OTHER FINANCIAL COMMITMENTS`**
```
At theendof theyearthecharityhadtotalcommitmentsunderoperatingleasesof £300,000overthenext 6
years.
```
## **`16. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 30 June 2020.
```
## **`17. CONTINGENT ASSETS`**
```
Thetrustisduetoinheritalargelegacyandhasreceived£800,000byyearendwithanother £800,000
recognisedas being due to the charityat year end. The finaltotalis at this stage unknownbut will be in excess
of the £1.6m so far recognised.
```
```
Page 14
```
```
THE PARROT ZOO TRUST
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2020`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
`Other income`
`Legacies`
**`Other trading activities`**
`Experiences`
**`Other income`**
`Grants received`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Wages`
`Social security`
`Pensions`
**`Other trading activities`**
`Opening stock`
`Purchases`
`Medical Fees`
`Subscriptions`
`Bank interest`
`Closing stock`
**`Support costs`**
**`Management`**
`Rent and rates`
`Insurance`
`Light and heat`
`Telephone`
`Postage and stationery`
`Advertising`
`Sundries`
`Carried forward`|`2020`
`£`
`402,520`
`121,529`
`57,333`
`1,600,000`
`2,181,382`
`39,525`
`32,810`
`2,253,717`
`292,312`
`21,306`
`5,382`
`319,000`
`10,000`
`59,383`
`11,427`
`1,073`
`1,679`
`(10,000)`
`73,562`
`123,775`
`7,756`
`16,905`
`4,840`
`2,310`
`27,129`
`2,153`
`184,868`|`2019`
`£`
`567,710`
`112,829`
`4,069`
`110,807`
`795,415`
`44,078`
`-`
`839,493`
`265,726`
`17,557`
`3,424`
`286,707`
`6,500`
`67,469`
`10,060`
`1,371`
`-`
`(10,000)`
`75,400`
`77,982`
`8,359`
`16,049`
`5,596`
`6,208`
`50,632`
`11,566`
`176,392`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```
```
THE PARROT ZOO TRUST
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2020`**
|**`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`**
**`FOR THE YEAR ENDED 30 JUNE 2020`**|||
|---|---|---|
|**`Management`**
`Brought forward`
`Motor expenses`
`Repairs and Renewals`
`Unrecoverable VAT`
`Computer costs`
`Depreciation of fixed assets`
**`Finance`**
`Bank charges`
**`Governance costs`**
`Accountancy fees`
`Legal & Professional Fees`
`Total resources expended`
**`Net income`**|`2020`
`£`
`184,868`
`6,025`
`75,947`
`39,440`
`6,722`
`5,855`
`318,857`
`4,882`
`11,405`
`30,659`
`42,064`
`758,365`
`1,495,352`|`2019`
`£`
`176,392`
`7,074`
`81,817`
`30,567`
`6,403`
`4,390`|
|||`306,643`
`6,792`
`6,707`
`13,342`|
|||`20,049`|
|||`695,591`|
|||`143,902`|
```
This page does not form part of the statutory financial statements
```
```
Page 16
```