``` REGISTERED CHARITY NUMBER: 1186093 ``` ## **`WILTSHIRE AGRICULTURAL PRESERVATION GROUP`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`2`| |**`Independent Examiner's Report`**||`3`|| |**`Statement of Financial Activities`**||`4`|| |**`Statement of Financial Position`**||`5`|| |**`Notes to the Financial Statements`**|`6`|`to`|`11`| |**`Detailed Statement of Financial Activities`**||`12`|| ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021`** ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 31August2021.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewith the FinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` ToadvancetheeducationofthepublicprimarilybutnotexclusivelytheinhabitantsofWiltshireofobsolete or interesting agricultural plant, machinery and agricultural practices of all types by: ``` ``` A) Hosting annual events in order to preserve rural and cultural traditions and heritage. ``` ``` B) Providing educational site visits and educational talks / programmes. ``` ## **`Significant activities`** ``` ThemainactivityandsourceoffundingforthecharityistheannualWiltshireSteamandVintageRally which isheldannuallyinJune.Inadditiontothis,thecharityalsoholdsmonthlymeetingsforitsmembers often with guest speakers, an annual tractor road run and an annual ploughing match / working weekend. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` UnfortunatelyduetotheimpactoftheCovid19pandemicthecharitywasunabletoholdany significant eventsduringtheperiodto31stAugust2021.Wewerehoweverabletoorganiseasuccessfultractor road runinSeptember2020andasecondroadruninAugust2021,wehavealsorestartedourmonthly group meetingsinSeptember2021.Planningisalsonowwellunderwayforthe2022WiltshireSteamand Vintage rally to be held at our exciting new venue of Lydiard park in Swindon. ``` ## **`Fundraising activities`** ``` Unfortunately,duetotheimpactoftheCovid-19pandemic,thecharitywasunabletoholdany fundraising activities during the period ended 31st August 2021. ``` ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` Itistheaimofthetrusteestomaintainatleastequalto2years'worthofexpensesrequiredtostage the Wiltshire Steam and Vintage Rally. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesan unincorporated charity.Thecharityhasproceduresandpoliciesinplaceinlinewithrecommendationsfromthe Small Charities Coalition. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Charity number`** ``` 1186093 ``` ## **`Principal address`** ``` 106 Castleview Road SWINDON Wiltshire SN4 0NT ``` ``` Page 1 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021`** ## **`Trustees`** ``` Mr M W Liddiard Trustee Mr N R Banks Trustee Mr A J Vickery Trustee ``` ## **`Independent Examiner`** ``` Morris Owen Chartered Accountants 43-45 Devizes Road SWINDON Wiltshire SN1 4BG ``` ## **`COMMENCEMENT OF ACTIVITIES`** ``` TheWiltshireAgriculturalPreservationGroupwasfirstformedin1974,thegroupwasformallyregistered as a charity on 1st November 2019. ``` ## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES`** ``` ThetrusteesareresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatements in accordancewithapplicablelawandUnitedKingdomAccountingStandards(UnitedKingdom Generally AcceptedAccountingPractice)includingFinancialReportingStandard102"TheFinancialReporting Standard applicable in the UK and Republic of Ireland" ``` ``` ThelawapplicabletocharitiesinEnglandandWales,theCharitiesAct2011,Charity(Accountsand Reports) Regulations2008andtheprovisionsofthetrustdeedrequiresthetrusteestopreparefinancial statements foreachfinancialyearwhichgiveatrueandfairviewofthestateofaffairsofthecharityandofthe incoming resourcesandapplicationofresources,includingtheincomeandexpenditure,ofthecharityforthat period. In preparing those financial statements, the trustees are required to ``` - `select suitable accounting policies and then apply them consistently;` - `observe the methods and principles in the Charity SORP;` - `make judgements and estimates that are reasonable and prudent;` - `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.` ``` Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonable accuracy atanytimethefinancialpositionofthecharityandtoenablethemtoensurethatthefinancial statements complywiththeCharitiesAct2011,theCharity(AccountsandReports)Regulations2008andthe provisions ofthetrustdeed.Theyarealsoresponsibleforsafeguardingtheassetsofthecharityandhencefor taking reasonable steps for the prevention and detection of fraud and other irregularities. ``` ``` Approved by order of the board of trustees on 29 October 2021 and signed on its behalf by: ``` ``` Mr M W Liddiard - Trustee ``` ``` Page 2 ``` ``` INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`Independent examiner's report to the trustees of Wiltshire Agricultural Preservation Group`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsofWiltshireAgricultural Preservation Group (the Trust) for the year ended 31 August 2021. ``` ## **`Responsibilities and basis of report`** ``` AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance with the requirements of the Charities Act 2011 ('the Act'). ``` ``` IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActand in carryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommission under section 145(5)(b) of the Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention in connection 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.` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be reached. ``` ``` Morris Owen Chartered Accountants 43-45 Devizes Road SWINDON Wiltshire SN1 4BG ``` ``` Date: ............................................. ``` ``` Page 3 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021`** |**`2021`**
**`Unrestricted`**
**`funds`**
`Notes`
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`-`**
`Other trading activities`
`3`
**`510`**
**`Total`**
**`510`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
**`-`**
**`Charitable activities`**
`5`
`Charity expenditure`
**`1,739`**
`Other`
**`-`**
**`Total`**
**`1,739`**
**`NET INCOME/(EXPENDITURE)`**
**`(1,229)`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`59,592`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`58,363`**|`2020`
`Total`
`funds`
`£`
`1,365`
`1,629`
`2,994`
`109`
`9,551`
`1,050`
`10,710`
`(7,716)`
`67,308`
`59,592`| |---|---| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`STATEMENT OF FINANCIAL POSITION 31 AUGUST 2021`** |**`2021`**
**`Unrestricted`**
**`funds`**
`Notes`
**`£`**
**`FIXED ASSETS`**
`Intangible assets`
`9`
**`160`**
`Tangible assets`
`10`
**`5,082`**
**`5,242`**
**`CURRENT ASSETS`**
`Stocks`
`11`
**`2,803`**
`Debtors`
`12`
**`200`**
`Cash at bank and in hand`
**`50,838`**
**`53,841`**
**`CREDITORS`**
`Amounts falling due within one year`
`13`
**`(720)`**
**`NET CURRENT ASSETS`**
**`53,121`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`58,363`**
**`NET ASSETS`**
**`58,363`**
**`FUNDS`**
`14`
`Unrestricted funds`
**`58,363`**
**`TOTAL FUNDS`**
**`58,363`**|`2020`
`Total`
`funds`
`£`
`-`
`5,841`
`5,841`
`2,803`
`-`
`51,548`
`54,351`
`(600)`
`53,751`
`59,592`
`59,592`
`59,592`
`59,592`| |---|---| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on 29 October 2021 and were signed on its behalf by: ``` ``` Mr M W Liddiard - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ``` NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ``` ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities: StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102) (effective 1January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicable in theUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshave been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have been allocated to activities on a basis consistent with the use of resources. ``` ## **`Patents`** ``` Patents are being amortised on a straight line basis over their estimated economic life of 3 years. ``` ## **`Tangible fixed assets`** ``` Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its estimated useful life. ``` ``` Plant & equipment- 15% on reducing balance ``` ## **`Stocks`** ``` Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowance for obsolete and slow moving items. ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ## **`Hire purchase and leasing commitments`** ``` RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straight line basis over the period of the lease. ``` ``` continued... ``` ``` Page 6 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021`** |**`2.`**|**`DONATIONS AND LEGACIES`**|||||| |---|---|---|---|---|---|---| |||||**`2021`**||`2020`| |||||**`£`**||`£`| ||`Donations`||||**`-`**|`1,365`| |**`3.`**|**`OTHER TRADING ACTIVITIES`**|||||| |||||**`2021`**||`2020`| |||||**`£`**||`£`| ||`Event income`||||**`-`**|`456`| ||`Subscriptions & group meetings`|||**`510`**||`1,173`| |||||**`510`**||`1,629`| |**`4.`**|**`RAISING FUNDS`**|||||| ||**`Other trading activities`**|||||| |||||**`2021`**||`2020`| |||||**`£`**||`£`| ||`Support costs`||||**`-`**|`109`| |**`5.`**|**`CHARITABLE ACTIVITIES COSTS`**|||||| |||||`Support`||| ||||`Direct`|`costs (see`||| ||||`Costs`|`note 6)`||`Totals`| ||||`£`|`£`||`£`| ||`Charity expenditure`||**`(1,429)`**|**`3,168`**||**`1,739`**| |**`6.`**|**`SUPPORT COSTS`**|||||| |||||`Governance`||| |||`Management`|`Other`|`costs`||`Totals`| |||`£`|`£`|`£`||`£`| ||`Charity expenditure`|**`1,397`**|**`931`**|**`840`**||**`3,168`**| ## **`7. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31August2021norfor the year ended 31 August 2020. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31August2021norfortheyear ended 31 August 2020. ``` ``` continued... ``` ``` Page 7 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021`** ## **`8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |||`Unrestricted`| |---|---|---| |||`funds`| |||`£`| ||**`INCOME AND ENDOWMENTS FROM`**|| ||`Donations and legacies`|`1,365`| ||`Other trading activities`|`1,629`| ||**`Total`**|`2,994`| ||**`EXPENDITURE ON`**|| ||`Raising funds`|`109`| ||**`Charitable activities`**|| ||`Charity expenditure`|`9,551`| ||`Other`|`1,050`| ||**`Total`**|`10,710`| ||**`NET INCOME/(EXPENDITURE)`**|`(7,716)`| ||**`RECONCILIATION OF FUNDS`**|| ||**`Total funds brought forward`**|`67,308`| ||**`TOTAL FUNDS CARRIED FORWARD`**|`59,592`| |**`9.`**|**`INTANGIBLE FIXED ASSETS`**|| |||`Patents`| |||`and`| |||`licences`| |||`£`| ||**`COST`**|| ||`Additions`|**`170`**| ||**`AMORTISATION`**|| ||`Charge for year`|**`10`**| ||**`NET BOOK VALUE`**|| ||`At 31 August 2021`|**`160`**| ||`At 31 August 2020`|`-`| ``` continued... ``` ``` Page 8 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021`** |**`10.`**
**`TANGIBLE FIXED ASSETS`**
`Plant &`
`equipment`
`£`
**`COST`**
`At 1 September 2020`
**`6,864`**
`Additions`
**`-`**
`At 31 August 2021`
**`6,864`**
**`DEPRECIATION`**
`At 1 September 2020`
**`1,023`**
`Charge for year`
**`876`**
`At 31 August 2021`
**`1,899`**
**`NET BOOK VALUE`**
`At 31 August 2021`
**`4,965`**
`At 31 August 2020`
`5,841`
**`11.`**
**`STOCKS`**
`Stocks`
**`12.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Prepayments and accrued income`
**`13.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
**`14.`**
**`MOVEMENT IN FUNDS`**
`At 1.9.20`
`£`
**`Unrestricted funds`**
`General fund`
**`59,592`**
**`TOTAL FUNDS`**
**`59,592`**|`Computer`
`equipment`
`£`
**`-`**
**`162`**
**`162`**
**`-`**
**`45`**
**`45`**
**`117`**
`-`
**`2021`**
**`£`**
**`2,803`**
**`2021`**
**`£`**
**`200`**
**`2021`**
**`£`**
**`720`**
`Net`
`movement`
`in funds`
`£`
**`(1,229)`**
**`(1,229)`**|`Totals`
`£`
**`6,864`**
**`162`**
**`7,026`**
**`1,023`**
**`921`**
**`1,944`**
**`5,082`**
`5,841`
`2020`
`£`
`2,803`
`2020`
`£`
`-`
`2020`
`£`
`600`
`At`
`31.8.21`
`£`
**`58,363`**|`Totals`
`£`
**`6,864`**
**`162`**| |---|---|---|---| ||||**`7,026`**| ||||**`1,023`**
**`921`**| ||||**`1,944`**| ||||**`5,082`**| ||||`5,841`| ||||`2020`
`£`
`2,803`| ||||`2020`
`£`
`-`| ||||`2020`
`£`
`600`| |||**`58,363`**|| ``` continued... ``` ``` Page 9 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021`** ## **`14. MOVEMENT IN FUNDS - continued`** ``` Net movement in funds, included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|**`510`**|**`(1,739)`**|**`(1,229)`**| |**`TOTAL FUNDS`**|**`510`**|**`(1,739)`**|**`(1,229)`**| ## **`Comparatives for movement in funds`** |`Net`
`movement`
`At 1.9.19`
`in funds`

`£`
`£`
**`Unrestricted funds`**
`General fund`
`67,308`
`(7,716)`
**`TOTAL FUNDS`**
`67,308`
`(7,716)`|`At`
`31.8.20`
`£`
`59,592`| |---|---| ||`59,592`| ``` Comparative net movement in funds, included in the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`2,994`|`(10,710)`|`(7,716)`| |**`TOTAL FUNDS`**|`2,994`|`(10,710)`|`(7,716)`| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |`Net`
`movement`
`At 1.9.19`
`in funds`

`£`
`£`
**`Unrestricted funds`**
`General fund`
`67,308`
`(8,945)`
**`TOTAL FUNDS`**
`67,308`
`(8,945)`|`At`
`31.8.21`
`£`
`58,363`| |---|---| ||`58,363`| ``` continued... ``` ``` Page 10 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2021`** ## **`14. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedin the above are as follows: ``` ||`Incoming`|`Resources`|`Movement`| |---|---|---|---| ||`resources`|`expended`|`in funds`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`3,504`|`(12,449)`|`(8,945)`| |**`TOTAL FUNDS`**|`3,504`|`(12,449)`|`(8,945)`| ## **`15. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31 August 2021. ``` ``` Page 11 ``` ``` WILTSHIRE AGRICULTURAL PRESERVATION GROUP ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021`** |**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
**`Other trading activities`**
`Event income`
`Subscriptions & group meetings`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Charitable activities`**
`Hire of equipment`
`Site services`
`Other event costs`
`Repairs and renewals`
`Room hire and monthly meetings`
**`Other`**
`Donations`
**`Support costs`**
**`Management`**
`Subscriptions`
`Insurance`
`Computer costs`
`Postage and stationery`
`Advertising`
**`Other`**
`Amortisation of intangible fixed assets`
`Depreciation of tangible fixed assets`
`Loss on disposal`
**`Governance costs`**
`Accountancy and legal fees`
`Total resources expended`
**`Net expenditure`**|`2021`
`£`
**`-`**
**`-`**
**`510`**
**`510`**
**`510`**
**`-`**
**`(1,429)`**
**`-`**
**`-`**
**`-`**
**`(1,429)`**
**`-`**
**`-`**
**`333`**
**`46`**
**`1,018`**
**`-`**
**`1,397`**
**`10`**
**`921`**
**`-`**
**`931`**
**`840`**
**`1,739`**
**`(1,229)`**|`2020`
`£`
`1,365`
`456`
`1,173`
`1,629`
`2,994`
`258`
`3,258`
`91`
`70`
`560`
`4,237`
`1,050`
`120`
`634`
`-`
`1,474`
`109`
`2,337`
`-`
`1,272`
`1,210`
`2,482`
`604`
`10,710`
`(7,716)`| |---|---|---| ``` This page does not form part of the statutory financial statements ``` ``` Page 12 ```