| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report | 2to 3 | |
| Statement ofTrustees' | Responsibilities | |
| Independent Examiner's |
Report | |
| Statement ofFinancial | Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 8 to 19 |
| Total | |||||
|---|---|---|---|---|---|
| Unrestricted | 2022 | ||||
| Note | |||||
| Income and Endowments | from: | ||||
| Investment income |
146,281 | 146,281 | |||
| Other income | 11,277 | 11,277 | |||
| Total income | 157,558 | 157,558 | |||
| Expenditure on: |
|||||
| Charitable activities |
(68,149) | (68,149) | |||
| Other expenditure | (140,405) | (140,405) | |||
| Total expenditure | (208,554) | (208,554) | |||
| Gains/losses on investment |
assets | 22,707 | 22,707 | ||
| Net movement in funds |
(28,289) | (28,289) | |||
| Reconciliation offunds |
|||||
| Total funds brought | forward | 4,766,908 | 4,766,908 | ||
| Total funds carried | forward | 17 | 4,738,619 | 4,738,619 | |
| Unrestricted | Total | ||||
| funds | 2021 | ||||
| Note | |||||
| Income and Endowments | from: | ||||
| Investment income |
160,660 | 160,660 | |||
| Other income | 51,188 | 51,188 | |||
| Total income | 211,848 | 211,848 | |||
| Expenditure on: |
|||||
| Charitable activities |
(61,680) | (61,680) | |||
| Other expenditure | (129,696) | (129,696) | |||
| Total expenditure | (191,376) | (191,376) | |||
| Gains/losses on investment |
assets | 278,114 | 278,114 | ||
| Net income | 298,586 | 298,586 | |||
| Net movement in funds |
298,586 | 298,586 | |||
| Reconciliation offunds |
|||||
| Total funds brought | forward | 4,468,322 | 4,468,322 | ||
| Total funds carried forward | 17 | 4,766,908 | 4,766,908 |
| Bala | nce Sheet as at | 31March 202 | 2 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Note | ||||||
| Fixed assets | ||||||
| Tangible assets | 10 | 1,475,950 | 1,563,664 | |||
| Investments | 11 | 3,044,323 | 3,021,614 | |||
| 4,520,273 | 4,585,278 | |||||
| Current assets |
||||||
| Stocks | 12 | 54,320 | 43,520 | |||
| Debtors | 13 | 18,180 | 19,451 | |||
| Cash at bank | and in hand | 14 | 159,748 | 146,865 | ||
| 232,248 | 209,836 | |||||
| Creditors: Amounts | falling due within | one year | 15 | (13,902) | (28,206) | |
| Net current | assets | 218,346 | 181,630 | |||
| Net assets | 4,738,619 | 4,766,908 | ||||
| Funds ofthe | charity: | |||||
| Unrestricted | income | funds | ||||
| Unrestricted | funds | 4,738,619 | 4,766,908 | |||
| Total funds | 17 | 4,738,619 | 4,766,908 |
| No depreciation is charged on Classic cars or |
Land and buildings due to the high re |
sidual val | ue ofthes |
|---|---|---|---|
| Asset class | Depreciation | method | and rate |
| Plant and Machinery | 25/0 straight | line | |
| Classic cars | Nil | ||
| Fixtures and fittings | 15'/0 straight | line | |
| Land and buildings | Nil |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total | Total | ||||
| General | 2022 | 2021 | ||||
| Income &om | dividends; | |||||
| Dividends | receivable | f'rom other listed investments | 13,021 | |||
| Income Iiom | rents | 146,247 | 146,247 | 147,437 | ||
| Interest receivable | and similar income; | |||||
| Interest receivable on bank deposits | 34 | 34 | 202 | |||
| 146,281 | 146,281 | 160,660 |
| 3 Other income |
|||
|---|---|---|---|
| Unrestricted | |||
| funds | Total | Total | |
| General | 2022 | 2021 | |
| Livery income | 480 | 480 | 3,080 |
| Subsidy income | 3,733 | 3,733 | 3,926 |
| Profitlioss on disposal ofinvestments | 42,276 | ||
| Bank compensation | 50 | ||
| Profit on disposal offixed assets | 6,064 | 6,064 | 1,856 |
| Sale oflivestock | 1,000 | 1,000 | |
| 11,277 | 11,277 | 51,188 |
| Activity | |||||
|---|---|---|---|---|---|
| support costs | 2022 | 2021 | |||
| Care for Cabbet Arab horses | 46,802 | 46,802 | 41,109 | ||
| Legal and Professional- | governance | 13,139 | 13,139 | 12,789 | |
| Accountancy- | governance | 8,208 | 8,208 | 7,782 | |
| 68,149 | 68,149 | 61,680 |
| 5 Other expenditure |
||||
|---|---|---|---|---|
| Unrestricted | ||||
| Total | Total | |||
| General | 2022 | 2021 | ||
| Staffcosts | ||||
| Pension costs | 428 | 428 | 369 | |
| Wages and salaries | 33,222 | 33,222 | 20,793 | |
| Travel and subsistence | 856 | 856 | 1,056 | |
| Casual wages | 9,067 | 9,067 | 6,080 | |
| Rent and rates | 6„091 | 6,091 | 5,399 | |
| Light, heat and power | 1,531 | 1,531 | 2,875 | |
| Repairs and maintenance | 8,136 | 8,136 | 28,349 | |
| Telephone and fax |
240 | 240 | 532 | |
| Printing, postage and stationery |
688 | 688 | 440 | |
| Trade subscriptions | 743 | 743 | 266 | |
| Sundry expenses | 489 | 489 | 522 | |
| Cleaning | 102 | 102 | 33 | |
| Motor expenses | 11,159 | 11,159 | 3,364 | |
| Management fees |
14,258 | 14,258 | 14,631 | |
| Bookkeeping | 2,160 | 2,160 | 2,532 | |
| Insurance | 11,710 | 11,710 | 10,164 | |
| Depreciation ofplant and machinery | 3,926 | 3,926 | 2,574 | |
| Depreciation offixtures and fittings | 19,751 | 19,751 | 15,878 | |
| Legal and professional fees |
5,657 | 5,657 | 10,977 | |
| Staff training | 865 | 865 | 335 | |
| Equipment repairs and renewals |
8,492 | 8,492 | 2,185 | |
| Computer sofbvare and maintenance |
costs | 316 | 316 | 274 |
| Depreciation ofoffice equipment | 81 | 81 | 68 | |
| Clothing | 257 | 257 | ||
| Advertising | 180 | 180 | ||
| 140,405 | 140,405 | 129,696 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total | Total | ||
| General | 2022 | 2021 | ||
| Accountancy | fees | |||
| Accountancy | fees | 8,208 | 8,208 | 7,782 |
| Legal fees | 13,139 | 13,139 | 12,789 | |
| 21,347 | 21,347 | 20,571 |
| 2022 | 2021 | ||
|---|---|---|---|
| Staffcosts during | the year were: | ||
| Wages and salaries | 33,222 | 20,793 | |
| Pension costs | 428 | 369 | |
| 33,650 | 21,162 |
| 2022 | 2021 |
|---|---|
| No | No |
| 10 Tangible fixed ass | ets | |||||
|---|---|---|---|---|---|---|
| Land and | Furniture and |
Property | ||||
| buildings | equipment | Classic cars | improvements | Total | ||
| Cost | ||||||
| At 1 April 2021 | 1,100,000 | 132,423 | 358,000 | 1,590,423 | ||
| Additions | 40,717 | 1,327 | 42,044 | |||
| Disposals | (106,000) | (106,000) | ||||
| At 31March 2022 | 1,100,000 | 173,140 | 252,000 | 1,327 | 1,526,467 | |
| Depreciation | ||||||
| At 1 April 2021 | 26,759 | 26,759 | ||||
| Charge for the year | 23,758 | 23,758 | ||||
| At 31March 2022 | 50,517 | 50,517 | ||||
| Net book value | ||||||
| At 31March 2022 | 1,100,000 | 122,623 | 252,000 | 1,327 | 1,475,950 | |
| At 31March 2021 | 1,100,000 | 105,664 | 358,000 | 1,363,664 | ||
| 11 Fixed asset investments | ||||||
| 2022 | 2021 | |||||
| Investment properties |
2,422, | 155 | 2,422, 155 | |||
| Other investments | 622, | 168 | 599,459 | |||
| 3,044,323 | 3,021,614 |
| Other investments | ||
|---|---|---|
| Listed | ||
| investments | Total | |
| Cost or Valuation | ||
| At 1 April 2021 | 599,459 | 599,459 |
| Revaluation | 22,709 | 22,709 |
| At 31March 2022 | 622,168 | 622,168 |
| Net book value | ||
| At 31March 2022 | 622,168 | 622,168 |
| At 31March 2021 | 599,459 | 599,459 |
| 12 Stock | ||
| 2022 | 2021 | |
| Stocks | 54,320 | 43,520 |
| 13 Debtors | ||
| 2022 | 2021 | |
| Trade debtors | 5,789 | 12,583 |
| P repayments | 395 | 370 |
| Accrued income | 9,367 | 6,428 |
| Other debtors | 2,629 | 70 |
| 18,180 | 19,451 | |
| 14 Cash and cash equivalents | ||
| 2022 | 2021 | |
| Cash at bank | 159,748 | 146,865 |
| 15 Creditors: amounts falling due within one year |
||
|---|---|---|
| 2022 | 2021 | |
| Trade creditors | 5,800 | 10,098 |
| Other taxation and social security | 176 | 708 |
| Other creditors | 81 | 6,412 |
| Accruals | 7,560 | 10,800 |
| Deferred income | 285 | 188 |
| 13,902 | 28,206 |
| 17 Funds | |||||
|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Balance at31 | ||
| April 2021 | resources | expended | March 2022 | ||
| Unrestricted | funds | ||||
| General | |||||
| Unrestricted | funds | 4,766,908 | 180,265 | (208,554) | 4,738,619 |
| Balance at 1 | Incoming | Resources | Balance at 31 | ||
| April 2020 | resources | expended | March 2021 | ||
| Unrestricted | funds | ||||
| General | |||||
| Unrestricted | funds | 4,468,322 | 489,962 | (191,376) | 4,766,908 |
| 18 Analysis ofnet assets between funds | 18 Analysis ofnet assets between funds | ||
|---|---|---|---|
| Unrestricted | Total funds at | ||
| funds | 31March | ||
| General | 2022 | ||
| Tangible | fixed assets | 1,475,950 | 1,475,950 |
| Fixed asset investments | 3,044,323 | 3,044,323 | |
| Current | assets | 232,248 | 232,248 |
| Current | liabilities | (13,902) | (13,902) |
| Total net assets | 4,738,619 | 4,738,619 | |
| Unrestricted | Total funds at | ||
| funds | 31March | ||
| General | 2021 | ||
| Tangible | fixed assets | 1,563,664 | 1,563,664 |
| Fixed asset investments | 3,021,614 | 3,021,614 | |
| Current | assets | 209,836 | 209,836 |
| Current | liabilities | (28,206) | (28,206) |
| Total net assets | 4,766,908 | 4,766,908 |