##
|||||Page|
|---|---|---|---|---|
|Reference and administrative|||details ofthe Charity, its Trustees and advisers||
|Trustees'
report||||2-8|
|Independent|auditors'|report|on the financial statements|9-12|
|Consolidated|statement|offinancial activities||13|
|Consolidated|balance sheet|||14|
|Charity balance sheet||||15|
|Consolidated|statement|ofcash flows||16|
|Notes to the|financial statements|||17-42|
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|||||||As|restated|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total||Total|
||||funds|funds|funds||funds|
|||Note|2021f|2021f|2021f||2020f|
|Income from:||||||||
|Donations
and legacies||4|1,022,413|76,889|1,099,302||549,860|
|Other trading
activities||5|296,805||296,805||110,90S|
|Investments||6|13,166||13,166||13,580|
|Total income|||1,332,384|76,889|1,409,273||774,445|
|Expenditure
on:||||||||
|Raising funds||7|257,766||257,766||93,713|
|Charitable
activities||8|873,390|30,660|904,050||906,057|
|Total expenditure|||1,131,156|30,660|1,161,816||999,780|
|Net income/(expenditure)|before net|||||||
|gains on investments|||201,228|46,229|247,457|(225,334)||
|Net gains on investments|||43,062||43,062||15,566|
|Net movement
in funds|||244,290|46,229|290,519|(208,768)||
|Reconciliation
offunds:||||||||
|Total funds brought
forward|||2,138,417|17,635|2,156,052|2,364,820||
|Net movement
in funds|||244,290|46,229|290,519|(208,758)||
|Total funds carried forward|||2,382,707|63,864|2,446,571|2,155,052||
##
||||||||As restated|
|---|---|---|---|---|---|---|---|
||||||2021||2020|
||||Note||6||5|
|Fixed assets||||||||
|Tangible assets|||13||1,125,912||1,123,359|
|Investments|||15||458,114||558,450|
|Investment
property|||14||408,333||408,333|
||||||1,992,359||2,090, 142|
|Current assets||||||||
|Stocks|||16|7,644||12,464||
|Debtors|||17|229,117||41,096||
|Cash at bank and|in hand|||355,329||154,075||
|||||592,090||207,635||
|Creditors: amounts|falling due within one|||||||
|year|||18|(101,207)||(94,860)||
|Net current assets|||||490,883||112,775|
|Total assets less|current liabilities||||2,483,242||2,202,917|
|Creditors: amounts|falling due after more|||||||
|than one year|||19||(36,671)||(46,865)|
|Net assets excluding||pension asset|||2,446,571||2,156,052|
|Total net assets|||||2,446,571||2,156,052|
|Charity funds||||||||
|Restricted
funds|||21||63,864||17,635|
|Unrestricted
funds|||21||2,382,?07||2,138,417|
|Total funds|||||2,446,571||2,156,052|
##
|||||||||As restated|
|---|---|---|---|---|---|---|---|---|
|||||||2021||2020|
|||||Note||E|||
|Fixed assets|||||||||
|Tangible assets||||13||1,117,069||1,117,918|
|Investments||||15||458,115||558,451|
|Investment
property||||14||408,333||408,333|
|||||||1,983,517||2,084,702|
|Current assets|||||||||
|Stocks||||16|120||3,084||
|Debtors||||17|231,670||54,784||
|Cash at bank and|in|hand|||337,577||142,548||
||||||569,367||200,416||
|Creditors: amounts||falling due within one|||||||
|year||||18|(79,463)||(87,642)||
|Net current assets||||||489,904||112,774|
|Total assets less|current liabilities|||||2,473,421||2,197,476|
|Creditors: amounts||falling due after more|||||||
|than one year||||19||(36,671)||(46,865)|
|Net assets excluding|||pension asset|||2,436,750||2,150,611|
|Total net assets||||||2,436,750||2,150,611|
|Charity funds|||||||||
|Restricted
funds||||21||63,&64||17,635|
|Unrestricted
funds||||21||2,372,886||2,132,976|
|Total funds||||||2,436,750||2,150,611|
##
##
||FOR T|HE|YEAR ENDED 31 DECEMB|ER 2021||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6||
|Cash flows from operating|activities|||||
|Net cash used
in operating|activities (note 24)|||83,928|(235,338)|
|Cash flows from investing|activities|||||
|Dividends,
interests
and rents from investments||||12,755||
|Proceeds from the sale oftangible fixed||assets||100||
|Purchase oftangible
fixed assets||||(26,584)|(23,774)|
|Proceeds from sale of investments||||237,941|239,765|
|Purchase ofinvestments||||(94,543)|(69,531)|
|Interest received||||411|988|
|Net cash provided
by investing
activities||||130,080|147,448|
|Cash flows from financing|activities|||||
|Cash inflows from new borrowing|||||50,000|
|Repayments
of borrowing||||(3,332)||
|Decrease/(increase)
in investments||||(9,422)|(6,927)|
|Net cash (used in)/provided|by financing||activities|(12,754)|43,073|
|Change
in cash and cash|equivalents|in|the year|201,254|(44,817)|
|Cash and cash equivalents|at the beginning||ofthe year|154,075|198,892|
|Cash and cash equivalents|at the end|of|the year|355,329|154,075|
##
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##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||8|E|8|
|Grants|||||||
|Grants for general purposes||||23,064||23,084|
|Grants for Animal projects|||||10,000|10,000|
|Grants for Community||& Educational|projects||46,735|48,735|
|COVID-19 related grants||||49,994||49,994|
|Grants for Tea Room||projects|||20,154|20,154|
|||||73,058|76,889|149,947|
|Donations||||123,638||123,838|
|Legacies||||814,594||814,594|
|Similar incoming|resources|||11,123||11,123|
|Subtotal||||949,355||949,355|
|||||1,022,413|76,889|1,099,302|
##
##
|||||||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||funds|funds|funds|
|||||||||2020|2020|2020|
||Grants||||||||||
||Grants for|general|purposes|||||12,729||12,729|
||Grants for|Equine|projects||||||26,500|26,500|
||Grants for|Animal|projects|||||15,500|4, 750|20,250|
||Grants for|Community||& Educational|||projects|500|44,872|45,372|
||COVID-19|related|grants|||||92,620||92,620|
|||||||||121,349|76,122|197,471|
||Donations|||||||133,502||133,502|
||Legacies|||||||316,592||316,592|
||Similar incoming||resources|||||2,295||2,295|
||Subtotal|||||||452,389||452,389|
|||||||||573,738|76,122|649,860|
|5.|Income from other|||trading|activities||||||
||Income from fundraising||||events||||||
||||||||||Unrestricted|Total|
||||||||||funds|funds|
||||||||||2021|2021|
|||||||||||E|
||Fundraising|events,||sponsorship||and|lottery income||29,852|29,852|
||||||||||Unrestricted|Total|
||||||||||funds|funds|
||||||||||2020|2020|
||Fundraising|events,||sponsorship||and|lottery income||31,783|31,783|
##
##
##
##
|Unrestricted|Total|
|---|---|
|funds|funds|
|2021|2021|
|6|6|
|266,953|266,953|
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2021|2021|
|||||6|
|Investment|income|- dividends|12,755|12,755|
|Investment|income|- bank interest|411|411|
||||13,166|13,166|
|Unrestricted|Total|
|---|---|
|funds|funds|
|2020|2020|
|12,713|12,713|
|967|967|
|13,680|13,680|
##
##
|||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2021|2021|
|||||||E|6|
|Event|expenses|||||3,086|3,086|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2020|2020|2020|
|||||||5|t'|
|Event|expenses||||250||250|
|OTAC|Trading|and|support|costs|87,484|5,979|93,463|
||||||87,734|5,979|93,713|
|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2021f|2021|
|Direct costs|in OTAC Trading|Ltd||68,674|68,674|
|Administration|expenses
in OTAC Trading||Ltd|38,513|38,513|
|Salary costs|relating to OTAC|staff||144,415|144,415|
|Depreciation|in OTAC Trading|Ltd||3,078|3,078|
|||||254,680|254,680|
##
##
##
|Charitable|activities|
|---|---|
|Charitable|activities|
|Unrestricted|Restricted||
|---|---|---|
|funds|funds|Total|
|2021|2021|2021|
|6|E|6|
|873,390|30,660|904,050|
|Unrestricted|Restricted||
|funds|funds|Total|
|2020|2020|2020|
|6||6|
|655,970|50,097|906,067|
##
##
|||Activities|||
|---|---|---|---|---|
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2021|2021|2021|
|||5|E|6|
|Charitable|activities|715,215|188,835|904,050|
|||Activities|||
|||undertaken|Support|Total|
|||directly|costs|funds|
|||2020|2020|2020|
|||6|6||
|Charitable|activities|127,530|778,537|906,067|
##
##
|||Total|
|---|---|---|
||Activities|funds|
||2021|2021|
||8|6|
|Staff costs|112,138|112,138|
|Depreciation|15,358|15,358|
|Office costs|7,161|7,161|
|Computer costs|13,696|13,696|
|Bank charges|3,454|3,454|
|Audit and accountancy fees|13,952|13,952|
|Rates and premises costs|7,253|7,253|
|Payroll bureau charges|11,174|11,174|
|Bank loan interest|216|216|
|Sundry expenses|895|895|
|Bad debts recovered
and cash under/over's|(1,957)|(1,957)|
|(Profit)/loss
on disposal offixed assets|5,495|5,495|
||168,835|188,835|
|||Total|
|---|---|---|
||Activities|funds|
||2020|2020|
|||6|
|Staff costs|615,513|615,513|
|Depreciation|46,990|48,990|
|Audit and accountancy fees|12,425|12,425|
|Other support costs|101,609|101,609|
||778,537|776,537|
##
##
||||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||6||
|Fees payable|to the Charity's||auditor|||for the audit ofthe||Charity's|annual||||
|accounts|||||||||||9,635|12,425|
|Fees payable|to the Charity's||auditor|||in respect of:|||||||
|All non-audit|services|not included|||above||||||3,200||
|Staff costs|||||||||||||
||||||||Group||Group||Charity|Charity|
||||||||2021||2020||2021|2020|
|||||||||6||5|6|L|
|Wages and salaries|||||||644,506||513,844||644,506|575,346|
|Social security costs|||||||37,535||17,891||37,535|17,891|
|Contribution
to defined||contribution|||pension||||||||
|schemes|||||||12,776||22,276||12,776|22,276|
||||||||694,817||554,011||694,817|615,513|
|The average|number ofpersons|||employed|||by the Charity|during|the year|was as follows:|||
||||||||||||Group|Charity|
||||||||||||2021|2021|
||||||||||||No.|No.|
|Facilities and|office||||||||||11|11|
|Veterinary
and animal||welfare|||||||||13|13|
|Community|||||||||||2|2|
|Shop and tea|room||||||||||7|7|
|Fundraising|||||||||||5|5|
||||||||||||38|38|
##
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|||FOR THE YEAR ENDED 31 D|ECEMBER 2021|
|---|---|---|---|
|14.|Investment|property||
||Group|||
||||Freehold|
||||investment|
||||property|
||||8|
||Valuation|||
||At 1 January|2021|408,333|
||At 31 December 2021||408,333|
||Charity|||
||||Freehold|
||||investment|
||||property|
||||8|
||Valuation|||
||At 1 January|2021|408,333|
||At 31 December 2021||408,333|
##
##
||Other fixed|
|---|---|
||asset|
||investments|
|Group|6|
|Cost or valuation||
|At 1 January 2021|558,450|
|Additions|94,543|
|Disposals|(237,941)|
|Revaluations|43,062|
|At 31 December 2021|458,114|
|Net book value||
|At 31 December 2021|458,114|
|At31December 2020|558,450|
||Investments|||
|---|---|---|---|
||in|Other fixed||
||subsidiary|asset||
|Charity|companies
6|investments
f|Total
F|
|Cost or valuation||||
|At 1 January 2021||558,450|558,451|
|Additions||94,543|94,543|
|Disposals||(237,941)|(237,941)|
|Revaluations||43,062|43,062|
|At 31 December 2021|1|458,114|458,115|
|Net book value||||
|At 31 December 2021|1|458,114|458,115|
|At31December 2020|1|558,450|558,451|
##
##
|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|
|||2021|2020f|2021f|2020|
|Consumable|stocks|7,644|12,454|120|3,084|
##
||||Group||Charity|
|---|---|---|---|---|---|
|||Group|As restated|Charity|As restated|
|||2021f|2020f|2021f|2020f|
|Due within one year||||||
|Trade debtors||6,810|5,425|||
|Amounts
owed by group undertakings||||6,114|22,025|
|Other debtors||188,736|12,379|187,233|10,711|
|Prepayments|and accrued income|33,571|22,292|38,323|22,048|
|||229,117|41,095|231,670|54,784|
##
##
||||Group||Charity|
|---|---|---|---|---|---|
|||Group|As restated|Charity|As restated|
|||2021
F|2020f|2021f|2020|
|Bank loans||9,996|3,135|9,996|3,135|
|Trade creditors||37,431|30,587|21,192|29,973|
|Other taxation and social security||12,391|9,730|12,391|9,730|
|Other creditors||2,130||2,130||
|Accruals and deferred|income|39,259|51,408|33,754|44,804|
|||101,207|94,850|79,463|87,542|
##
##
||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2021f|2020|2021f|2020|
|Bank loans|36,671|46,865|36,671|46,865|
|Included
within the above are amounts|falling due as follows:||||
||Group|Group|Charity|Charity|
||2021f|2020f|2021f|2020f|
|Between one and two years|||||
|Bank loans|9,996|9,575|9,996|9,575|
|Between two and five years|||||
|Bank loans|26,675|30,255|26,675|30,255|
|Over five years|||||
|Bankloans||7,035||7,035|
##
|||||Group||Charity|
|---|---|---|---|---|---|---|
||||Group|As restated|Charity|As restated|
||||2021
F|2020
f|2021
f|2020
f|
|Financial|assets||||||
|Measured|at market value - Investment||||||
|portfolio|||458,114|558,450|458,114|558,450|
|Measured|at amortised|cost - Cash at bank|||||
|and
in hand|||355,329|154,075|337,577|156,231|
|Amounts|owed by group|undertakings|||6,114|22,025|
||||813,443|712,525|801,805|735,706|
||||Group|Group|Charity|Charity|
||||2021f|2020f|2021f|2020|
|Financial|liabilities||||||
|Bank loans|||(46,667)|(50,000)|(46,667)|(50,000)|
|Trade creditors|||(37,431)|(30,587)|(21,192)|(29,973)|
||||(84,098)|(80,587)|(67,859)|(79,973)|
##
##
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at 1||||31|
|||January|||Gains/|December|
|||2021|Income|Expenditure|(Losses)|2021|
|||6|6|6|6|6|
|Unrestricted|funds||||||
|General funds||2,138,417|1,332,384|(1,131,156)|43,062|2,382,707|
|Restricted|funds||||||
|Equine welfare||16,000||||16,000|
|Animal welfare||1,087|30,660|(30,660)||1,087|
|Community|projects and||||||
|education||548||||548|
|Tea room|||20,154|||20,154|
|Electric van|||26,075|||26,075|
|||17,635|76,889|(30,660)||63,864|
|Total offunds||2,156,052|1,409,273|(1,161,816)|43,062|2,446,571|
##
##
##
|Statemen|t offun|ds - prior year|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||Balance at||||||31|
|||1January||||Transfers|Gains'|December|
|||2020|Income|Expenditure||inlout|(Losses)|2020|
|||6|6||F||||
|Unrestricted|||||||||
|funds|||||||||
|General|fund|2,322,259|698,324|(943,704)||44,972|16,566|2 138,417|
|Restricted|||||||||
|funds|||||||||
|Sensory|garden|6,150||||(6,150)|||
|Equine welfare||13,307|26,500|(8,307)||(15,500)||16,000|
|Animal welfare||12,245|4,750|(11,525)||(4,383)||1,087|
|Community|||||||||
|projects|and||||||||
|education||10,306|44,872|(35,691)||(18,939)||548|
|Woodland|||||||||
|maintenance||553||(553)|||||
|||42,561|76,122|(56,076)||(44,972)||17,635|
|Total of|funds|2364820|774446|(99»780)|||16,566|2,156,052|
|Summary offunds - cu|rrent year|||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at 1||||31|
||January|||Gainsl|December|
||2021|Income|Expenditure|(Losses)|2021|
||8|E|6|6|6|
|General funds|2,138,41?|1,332,384|(1,131,156)|43,062|2,382,707|
|Restricted funds|17,635|76,889|(30,660)||63,864|
||2,156,052|1,409,273|(1,161,816)|43,062|2,446,571|
##
##
|Summary|offund|s - prior year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||||31|
|||1January|||Transfers|Gainst|December|
|||2020|Income|Expenditure|in7out|(Losses)|2020|
|||5||5|6|5|6|
|General funds||2,322,259|698,324|(943,704)|44,972|16,566|2,138,417|
|Restricted|funds|42,561|76,122|(56,076)|(44,972)||17,635|
|||2,364,820|774,446|(999,780)||16,566|2,156,052|
##
|Analysis|ofnet assets between funds - current|year|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2021|2021|2021|
|||6|6|6|
|Tangible fixed assets||1,125,912||1,125,912|
|Fixed asset investments||458,114||458,114|
|Investment|property|408,333||408,333|
|Current assets||528,226|63,864|592,090|
|Creditors|due within one year|(101,207)||(101,207)|
|Creditors|due in more than one year|(36,671)||(36,671)|
|Total||2,382,707|63,864|2,446,571|
##
##
||Analysis ofnet assets|Analysis ofnet assets|between|between|funds - prior|funds - prior|funds - prior|year|year||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Unrestricted|Restricted|Total|
|||||||||||funds|funds|funds|
|||||||||||2020|2020|2020|
|||||||||||6|8|6|
||Tangible
fixed assets|||||||||1,123,359||1,123,359|
||Fixed asset investments|||||||||558,450||558,450|
||Investment
property|||||||||408,333||408,333|
||Current assets|||||||||190,000|17,635|207,635|
||Creditors due within|one year||||||||(94,860)||(94,860)|
||Creditors due in more than one year|||||||||(46,865)||(46,865)|
||Total|||||||||2,138,417|17,635|2,156,052|
|24.|Reconciliation ofnet movement||||in funds||to|net|cash flow|from operating|activities||
||||||||||||Group|Group|
||||||||||||2021|2020|
||||||||||||5||
||Net
income/expenditure||for|the|year|(as||per|Statement|of Financial|||
||Activities)||||||||||290,519|(208,768)|
||Adjustments
for:||||||||||||
||Depreciation
charges||||||||||18,435|48,994|
||Interest received||||||||||(411)|(988)|
||Gains on investments||||||||||(43,052)|(16,566)|
||Loss on the sale offixed assets||||||||||5,495||
||Decrease
in stocks||||||||||4,820|1,555|
||Decrease/(increase)|in debtors|||||||||(188,021)|3,359|
||Decrease
in creditors||||||||||(3,847)|(2,924)|
||Land gifted by way oflegacy|||||||||||(60,000)|
||Net cash provided|byi(used||in)|operating||activities||||83,928|(235,338)|
##
##
||||FOR THE YEAR ENDED 3|1 DECEMBER 2021|||
|---|---|---|---|---|---|---|
|Analysis ofcash||and|cash equivalents||||
||||||Group|Group|
||||||2021|2020|
||||||5||
|Cash
in hand|||||3,301|100|
|Notice deposits|(less than 3 months)||||352,028|I53,975|
|Total cash and|cash||equivalents||355,329|I54,075|
|Analysis ofchanges|||in net debt||||
|||||At 1||At 31|
|||||January||December|
|||||2021|Cash flows|2021|
|||||6|E|6|
|Cash at bank and||in hand||154,075|201,254|355,329|
|Debt due within|1|year||(3,135)|(6,861)|(9,996)|
|Debt due after 1 year||||(46,865)|10,194|(36,671)|
|||||104,075|204,587|308,662|
##
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2021
5|2020
5|2021
E|2020f|
|Contracted for but not provided||in these|||||
|financial statements|||||||
|Acquisition
oftangible|fixed assets||10,272||10,2?2||
##
##
##
||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2021|2020|2021|2020|
||||K|6|8||
|Not later than||1 year|67,032|463|5,649||
|Later than|1 year and not later than 5years||135,087||16,337||
||||202,119|463|21,986||
||||Group|Group|
|---|---|---|---|---|
||||2021|2020|
||||K|6|
|Not later than||1 year|7,500|5,400|
|Later than|1 year and not later than 5years||7,025|10,850|
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##
##
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