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|---|---|---|---|
|Reference and Admtnistrative||Details|1 —2|
|Trustrnrs
Report|||3 —12|
|IndependentAuditors
S~of Financial|Report
Activities||13—15
16|
|Balance Sheet|||17|
|Cash Flow Statement|||15|
|Notes to the Financial|Statements||19-33|
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|74nanth
period 2022|2021|2020|2O19|
|---|---|---|---|
|Shop - f16,129|Shop - f33,242|Shop - f30,997|Shop - f69,110|
|Magazine Subs-
f80,870
Total- f96,999|Magazine Subs-
f93,250
Tots! - f126,492|Iylagazine Subs-
f88,78f
Total -f119,776|Magazine Subs-
f88,674
Total - f157,964|
|7-month period 2022|2021|2020|2019|
|---|---|---|---|
|Registrations
and|Registrations
snd|Registrations
and|Registrations
and|
|subscriptions-
f166,469|subscriptions-
f218.310|subscripfions-
f178,884|subscilptioils-
f193.074|
|Subscriptions-
f80,839
Totals -f267,3G8|Subscriptions-
f103.017
Totals -f321,327|Subscriptions-
f88.550
Totals - f267.434|Subscriptions-
f07,105
Total - f280,179|
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|||Designated|Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds|funds|funds|
||Note|2022|2022|2022|2022|2021|
|Income from:|||||||
|Donations
and legacies||||100|100|4,541|
|Chantable
activities||||348,178|348,178|573,935|
|Other training
acGviiies||||16,129|16,129|48,539|
|Investment
income||123|107|1,122|1,352|565|
|Totai Income||123|107|365,529|365,759|627,580|
|Expenditure
on:|||||||
|Raising funds||||20,171|20,171|16,222|
|Charitable
activiTies||||SS7,937|331,937|617,729|
|Total expenditure||||358,108|358,108|635,951|
|Net movement
in funds||123|107|7,421|7,651|8,371|
|ReconcltiaHon
offunds:|||||||
|Total funds B/F|17|368,382|42,915|287,915|697,212|705,583|
|Net movement
In funds|17|123|107|7W1|7,651|(6,371)|
|Total funds CIF|17|366,505|43,022|295,336|764,863|697,212|
##
|||||Period||Year ended|
|---|---|---|---|---|---|---|
|||||ended 31||31October|
|||||May 2022||2021|
|Rxed assets|||||||
|Tangible assets||12||1,954||2,883|
|Investinents||13|||||
|||||1,954||2,563|
|Current assts|||||||
|Stocks||14|37.008||50,531||
|Debtors||15|45,836||||
|Cash at bank and in|hand|2D|707,320||600,807||
||||79D,166||746,022||
|Current liabilities|||||||
|Creditors: ainounts|falling due|16|87357||51,473||
|within one year|||||||
|ttet current assets||||702,909||694,549|
|Total net assets||||766,662||667,272|
|Charity funds|||||||
|Designated
funds||17||366,505||366,382|
|Restricted
funds||17||43,022||42,915|
|Unrestricted
funds||17||295,338||287,915|
|Total funds||||704,683||697,212|
##
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||||||Note|2022|2021|
|---|---|---|---|---|---|---|---|
|Cash Bows from operating||activities||||||
|Net cash used
in operating|activities||||10|105101|33,877|
|Cash Bows from invesdng||acthrltles||||||
|Interest received|||||5|1,352|533|
|Purchase
of tangible assets|||||12||(1,041)|
|Net cash provided
byl(used||In) Investfng||activities||1353|~1300|
|Change
in cash and cash|equhralents||In|the year||1063313|(34,985)|
|Cash and cash equivalents|at the beginning|||of the year|20|6M,807|835,792|
|Cash snd cash equivalents||at the end|of|the year||707,320|600,807|
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|2.|Donations|and legacies|Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2022|2022|
||||f|f|
||Members|donagons|||
||Total 2022||||
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
||||f|f|
||Members|donations|66||
||Legacies||4,473|4,473|
||Total 2021||4 541||
|3.|Charitable|activilies|Unrestricted|Total|
||||funds|funds|
||||2022f|2022
f|
||Charitable|activities|348,178|348,'l78|
||||Unrestricted||
||||funds|funds|
||||2021|2021|
||||f|f|
||Charitable|acllvlties|573,935|573,935|
|3.|Charitable|actlvkles (continued)|actlvkles (continued)|actlvkles (continued)|||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||8||
||Registration|and Stud book||fees|||186,469|218,310|
||Membership||subscriptlons||||80,839|103,017|
||Trials Income|||||||159,358|
||Magazine
income||||||80,870|93,250|
||||||||348,178|573,935|
|4.|Other trading||activities||||Unrestricted|Total|
||||||||funds|funds|
||||||||2022|2022|
||||||||6|8|
||Sstre ofgoods and Stud books||||||16,129|16,129|
||Total 2022||||||18.129|16,129|
||||||||Unrestricted|Total|
||||||||funds|funds|
||||||||2021|2021|
||||||||6||
||Sponsorship||and business|activities|||15,297|15.297|
||Sales ofgoods and Bud books||||||33,242|33,242|
||Total 2021||||||48.539|48,539|
|5.|Investment|income|||Designated|Restricted|Unrestricted|Total|
||||||funds|funds|funds|funds|
||||||2022|2022|2022|2022|
||Investment|income||||107|1.122|1332|
##
|5.|Investment|Income (continued)|||||
|---|---|---|---|---|---|---|
||||Designated|Restricted|Unrestricted|Toad|
||||funda|funds|funds|funds|
||||2021|2021|2021|2021|
||||5||5|5|
||Investment|income|16|||565|
|6.|Raising funds||||||
||||||Unrestricted|Total|
||||||funds|funds|
||||||2022|2022|
||||||5|5|
||Purchase ofgoods and Stud book||||20,171|20,171|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2921|2021|
||Purchase ofgoods and Stud book||||18,222|18,222|
|7.|Chsritabfe|activities|||||
||||||Activities|Total|
||||||undertaken|funds|
||||||directly||
||||||2022|2022|
|||||||9|
||Direct costs||||337.937|337,937|
||||||Activities|Total|
||||||undertaken|funds|
||||||directly||
||||||2021|2021|
||Direct coe'la||||617,729|617,729|
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|Analysis ofdirect costs||Total funds|Total funds|
|---|---|---|---|
|||2022|2021|
|Staff cost (note 10)||144,991|216,756|
|Trials costs||6,613|144,472|
|Meeting and travelling||8,967||
|Office rent, rates and services||22,101|29,649|
|Office operation and materials||33,214|44.273|
|Magazine costs||58,657|80.163|
|Professional
charges||39,283|50,333|
|Donations
and general expenses||1,208|1,725|
|Bank and finance charges||'l1,063|14,888|
|Depreciation
oftangible assets||709|1,850|
|Exchange (gains)/losses||(402)|6.540|
|insurance||7,366|17.313|
|Bad debts|||(3,410)|
|Governance
cost||4,142|13,079|
|||337,937|617,729|
|Summary
by expenditure||||
||Staff cost|Other cost|Total cost|
||2022|2022|2022|
|||8||
|Raising funds||20,171|20,171|
|Charitable
activities||192,946|33'7,937|
|Total 2022|144,991|213,117|358,108|
||Staff cost|Other cost|Total cost|
||2021|2021|2021|
||8|8|6|
|Raising funds||'!8,222|18,222|
|Charitable
acfivities|216,756|400,973|617,729|
|Total 2021|2'i6,758|419,195|635,95'I|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6|8|
|Fees payable|to the Charity's|auditor||for the audit of|||
|Charity's
annual
accounts|||||9,000|10.204|
|Fees payable|to the Charity's|auditor||in respect of:|||
|All non-audit|services not included||above||7,901|175|
|Staff costs|||||||
||||||2022
6|2021f|
|Wages and salaries|||||134,002|197,188|
|Social security costs|||||0,144|18,137|
|Pension cost|||||2,045|1,431|
||||||144,991|216,756|
##
|2022|2021|
|---|---|
|No.|No.|
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|Tangible fixed|assets||||
|---|---|---|---|---|
|||Offic|Computer||
|||equipment|equipment|Total|
||||8||
|Cost or valuation|||||
|At 1 November|2021|23,984|||
|Additrons|||||
|Disposals|||||
|At 31 May 2022||23,984|34,300|58,284|
|Depreciation|||||
|At 1 November|2021|21,321|34,300|55,621|
|Charge for the year||709||709|
|On disposais|||||
|At 31 IVlay 2022||22,030||56,330|
|Net book valve|||||
|At 31 May 2022||||1,954|
|At October 2021||2.663||2,663|
##
|||||Other|
|---|---|---|---|---|
|||||investments|
||Cost ar valuation||||
||At 1 November|2021||10,OOO|
||At 31 May 2022|||10000|
||Impairment||||
||At 1 November|2021||16,000|
||At 31 May 2022||||
||Nst book value||||
||At31 May 2022||||
||At 31 October|2021|||
|14.|Stocks||||
||||2022||
||||8||
||Stud books|||7,767|
||Goads for resale||32,758|42.764|
||||37,008||
|15.|Debtors||||
||||2022|2021|
||||8|6|
||Trade debtors||3,943|12.027|
||Other debtors||f284)|57.274|
||Prepayments|and accrued inoome|42,179|25,383|
||||48830||
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|||||||2021|
|---|---|---|---|---|---|---|
|||||||f|
|Trade creditors|||||31,117|9,593|
|Other taxation
anc|||||20,059|10,084|
|Other creditors||||||280|
|Aocruals|snd deferred||income||35,539|31,516|
||||||57257|51473|
|Deferred|income at 1||Navember|2021|5,000|5,000|
|Resources deferred||during the year|||18,846||
|Amounts|released|from previous||periods|(5,000)||
|Deferred|Income at||31 May 2022||18,846||
##
|Statemenls offunds - current period|Balance at|||Balance at|
|---|---|---|---|---|
||1 November|||31 tihry 2022|
||2021|Income
f|Expenditure
f||
|Unrestricted
funds|||||
|ICsnersi funds|287,9't5|365,529|358,108|295,336|
|Designated
funds|||||
|Bequests reserve fund|97,824|114||97,938|
|Investment
reserve fund|143,558|9||143,567|
|Trials support fund|125,000|||125,000|
||366,382|123||366,505|
|Restricted funds|||||
|Chrurman's
Appeal 2001 Account|42,915|107||43,022|
|Total offunds|697212|365 759|358108|70 863|
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|8tatsments affunds|8tatsments affunds|~prior year|Balance at|||Balance at|
|---|---|---|---|---|---|---|
||||1 Itavember||||
||||2020|Income|Expenditure|31October 2021|
|||||2|2|2|
|Unrestricted
funds|||||||
|General funds||||627,564|635,951|287,915|
|Designated
funds|||||||
|Bequests reserve|fund||97,812|12||97,824|
|investment
reserve fund|||143,554|4||143,558|
|Trials support fund|||125000|||125,000|
|Restricted
funds|||||||
|Chairman's
Appeal|2001 Account||42,915|||42,915|
|Total offunds|||705,583|627,580|635,951|697,212|
##
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|Analysis|ofnet|ofnet|assets between|assets between|assets between|funds - current period|funds - current period|funds - current period||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Designated|||Restricted||Unrestricted|Total|
||||||||||funds||funds|funds|funds|
||||||||||2022||2022|2022|2022|
|||||||||||||6|6|
|Tangible|fixed|assets||||||||||1,9S4|1,054|
|Current|assets|||||||366405|||43,022|380.639|790,168|
|Current|liabilities|||||||||||(87.257)|(07,257)|
|Total 2022||||||||366 SOS|||43 022|29S,336|704,863|
|Analysis|ofnet||assets between|||funds - prior year||||||||
||||||||Designated|||Restricted||Unrestricted|Total|
||||||||||funds||funds|funds|funds|
||||||||||2021||2021|2021|2021|
|||||||||||5|2|5|2|
|Tangible|fixed|assets||||||||||2,663|2,663|
|Current|assets|||||||366,382|||42,915|336,725|746,022|
|Current|liabilities|||||||||||(51.473)|(51,473)|
|Total 2021||||||||366,382|||42,915|287,915|697,212|
|Reconcfiiation|||ofnet||movement|in funds to|nat cash||flow|from|operating|activities||
|||||||||||||2022|2021|
||||||||||||||6|
|Nst expenditure|||for the period (year (ss per Ratemant|||||of Financial||||||
|Activifies)||||||||||||7,651|8,371|
|Ad)ustments||for:||||||||||||
|Depreciation
charges||||(note 12)||||||||709|1,850|
|interest|received||(nots||5)|||||||(1,352)|(533)|
|Decrease In stocks (note 14)||||||||||||13,523|9'I4|
|Decrease/(increase)||||in debtors (note 15)||||||||48,846|(42,020)|
|Increase|In creditors|||(nots 16)||||||||35,784|14,263|
|||||||||||||105,161|33,877|
##
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|20.|Analysis|ofcash and|cash eq|ulvah|mts||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||2022||2021|
||Csshin|hand||||||||||707,320|600,807||
||Total cash and cash s|||||||||||707,320|600,807||
||||||||||At|1|||||
|21.|Analysis|ofchanges|In net debt||||||November||||At|31 May|
||||||||||2021|||Cash flow||2022|
|||||||||||6||||6|
||Cash st|bank snd in hand|||||||600,807|||106,5'l3|707,320||
||||||||||600,807|||106,5'l3|707,320||
|22.|Pension|commitments|||||||||||||
||The Charity operates a defined|||contribution|||pension scheme. The assets|||||ofthe scheme are held|||
||separately
from those||ofthe Charity||in an|independently||administered|||fund. The pension cost||||
||change|represents
contributions||payable||by|the Charity|to the fund and amounted
to E2,045|||||||
||(2021:51,431).Conb1butions
taislling 6698||||||(2021:6436)were payable||||to|the fund atthe reporting|||
||date.||||||||||||||
|23.|Operating
lease commitmsnts||||||||||||||
||At 31 May 2D22 the Charity had|||commitment|||ta make future||minimum|lease payments
under|||non-||
||csncellable operating||kisses as follows:||||||||||||
|||||||||||||2022||2021|
|||||||||||||k||2|
||Not later|than
1 year||||||||||30,953|||
||Later than
1 year and||nat later than||5 years|||||||57,805|||
|||||||||||||||13.884|
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