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|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|
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||||||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|
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|||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|
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|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|||
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|||||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|
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|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|
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||||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|
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|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|
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|||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|
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|||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|
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|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|
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|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|
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|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|
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|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|
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|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|