|Report ofthe Trustees||1|to|10|
|---|---|---|---|---|
|Report oflhe Independent
Aeditors||11|Io|13|
|Ststemenl ofFinanchrl|Acthritles||14||
|Salanoe Sheet|||15||
|Cash Flow Statement|||16||
|Notes to lhe Cash Flow S atarnenl|||17||
|Netee tethe Firmnoiai|Statemente|18|io|25|
|Detailed Statement of|Rnanclal
Acthrldss|26|to|27|
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|Report oflha Trustees
forthe year ended $1|May 292$||||||||
|---|---|---|---|---|---|---|---|---|
|Trustees|||||||||
|Chairman|||Term||||||
|Mr
I L Fleming|||2023/2026||||||
|Vke Chairman|||||||||
|Mr TLongton|||||||||
|Naiional
Presidents
lhr JRrfoh - English National President
lhr P Murphy
- Irish Naaonat~|||2022/2026
Appointed|President|f|SI06/BM Casual Vacancy.||Tenn starts|
|lhr J Ogelon
~Scottish Natkmsl President
Mr GJones
~Welsh Nsaonal~t
01/11Q023
2019/2023
2021/2025
There are 3Trustees per nadon st one dme.~4srs lated due lo||||||Ihe overlap ofthe ffnandal||year.|
|EnSINld|||||||||
|Mr R Srnilh|||20I9/2023|(reared 27/01Q023)|||||
|Mr If Watson|||2020/2023||||||
|Mr M Longtcn|||2022/2025||||||
|lhr D Kennsrd|||2023Q026||||||
|Irafanfl|||||||||
|Ihr TLambe|||20ISQ023|(reared 27/0 1/2023)|||||
|lhr PMcxgen|||2020/2IH4||||||
|Mr E McAuley|||2022Q025||||||
|Mr FCashen|||2023Q026||||||
|Scabsnd|||||||||
|Mr N Galon|||2019f2023|(ressed 27/01/2023)|||||
|Ihlss F McMSan|||2020/2024||||||
|Mr D Robertson|||2022Q025||||||
|Mr
I Brownlis|||2023/2026||||||
|Wales|||||||||
|Mr A Owen|||Appointed|25/08/2020||(Casual Vacancy)/2023|(retired 27/01/2023)||
|Mr KEvans|||Appoinlad|25/08/2020||(Cwrusf Vacancy)/2024|||
|Mr M Davidson|||2022/2025||||||
|lhr D Dsvles|||2023/2026||||||
|Executhre OIBcer|||||||||
|Miss isabel Branch|||Appointed|1 Decsnumr||2021|||
|Audlhus|||||||||
|Camo/one
Accountancy|Consullsnts|Umiled|||||||
|Statutory
Auditor|||||||||
|Chartered
Accounfanfs|||||||||
|9Worton Peck|||||||||
|Csssington|||||||||
|Witrwy|||||||||
|Oxferd SN/e|||||||||
|OX294SX|||||||||
|Bankers|||||||||
|Senlander|||||||||
|Booae|||||||||
|Merseyfurm|||||||||
|L304GB|||||||||
##
##
##
##
##
##
|forthe year ended|$1May 202$|||||||
|---|---|---|---|---|---|---|---|
||||||||Period|
||||||||trttr21|
|||||||Year ended|lo|
|||||||31/SI23|31ISr22|
||||Unrssbloted||Endowment|Total|Total|
||||fund||funds|funds|funds|
|||Notes|||8||8|
|INCOME ANO ENOOWMEHTB||||||||
|FROM||||||||
|Oonsfirms
snd lsgsdrw||||||15||
|Char)table beds)des||||||||
|Charitable
adivtfies||||||583,852|348.178|
|Other boding adtvrtHs
Irwestmsnt
inoome|||60,801
~7565|||60.601
~7865|16.'I 29
~1352|
||||~532333|||S32,333|~365759|
|EXPENDITURE OH||||||||
|Raising
funds
Charitable~||6|577,096||||85,446|
|Charasble sdivllles|||||||184,8$9|
||||176163|||178163|108023|
||||~753259|||~753
9|~356 108|
|NET gtCOMEIIEXPENDITURE)|||f120,926)|||&120.926)|7.651|
|RKCOHCIUATION|OF FUNDS|||||||
|Traal funds brought|forward||295,338|43,022|368,505|704,583|897,212|
|TOTAL FUNDS CARRMD||||||||
|FORWARD|||~174 410|43022||||
|3'I May 2023|||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||Unrestricted||Endowment|Total|Tobrl|
|||fund||funds|funds|brads|
||Nates|6||6||E|
|FIXEDASSETS|||||||
|Tangfirle assets|11|1,927|||1,927|1,954|
|CURRENT ASSETS|||||||
|Stacks|12|44,958|||44.958|37,0D8|
|Debtors|13|28,001|||28,00I|45,838|
|Cash at bank||~192065|~43022||~601 592|~707320|
|||265,024|43,022||874,551||
|CREDITORS|||||||
|Amounts
falling dus within one|||||||
|year|14|(92,541l|||I92.5411|I87.257)|
|NET CURRENT ASSETS||~172463|~43 022|~356505|~582010|~702909|
|TOTAL ASSETSLESS|||||||
|CURRENT UABIUTIES||174,410|43,022|366,505|583,937|7D4,863|
|NET ASSETS||~174 410|~43 022|~356 505|~583 937|~704 863|
|FUNDS|16||||||
|Unrestricted
funds
Re~ funds|||||1'74.410
43.022|295,336
43,022|
|Endowrnrmt
funds|||||~366505|~366505|
|TOTAL FUNDS|||||~583 937|~704 863|
##
|forthe year ended $|1May|202|$||||
|---|---|---|---|---|---|---|
|||||||Period|
|||||||I/t 1/2t|
||||||Year ended|to|
||||||31/5/23|31/5/22|
||||||f|6|
|Cash flows hors opsratng||actirttlss|||||
|Cash grmerated
horn|operssons||||~tt3280)|~105 161|
|Net cash (used In)/provtdrW||by opsrsfing||acgvifiss|t 113,280)|105.161|
|Cash flows hma Invsadng||activities|||||
|Purchase of lsrlglble
Interest received|Ibs/d assets||||(313)
7885|~1352|
|Hst cash provided
by|investing||acfivtfies||7552|1352|
|Change
Incash and|cash|equivalents||ht|||
|lhs rsporgng
pened|||||(105,728)|106,513|
|Cash and cash eqWvalents||sl|ths||||
|beginning
ofthe reporting||Period|||~707 320|~600807|
|Cash end sash equivalents||el|the snd|of|||
|lhs rsporgna
pedod||||||707320|
##
|Not (errPendituro)finoome|Ibrlhe~Petted (esper the Statement||31/5/22
5|
|---|---|---|---|
|of Flnsndal Aoth48es)||(120,926)|7,651|
|Ad(ustmsnts
for.||||
|Dspredatkrn
charges||340|709|
|Interest received||(7,865)|(1,352)|
|(Inrsesseydecresse
In stocks||(7.950)|13,523|
|Decrease in debtors
Increase in aretShm||17,837
~5284|48,846
35784|
|Net cash (used In)/provided|by opsratfons|~113280)|~105161|
|2.|ANALYSIS OF CHANGES|IN kKT FUNDS||||
|---|---|---|---|---|---|
||||At 1/8/22|Cash fiow|At 31/5/23|
||||2||2|
||Net cash|||||
||Cash el bank||7D7320|~105728|801.592|
||||~707320|~105728|~601 592|
||Tolsl||~707320|~105.728|601,592|
##
##
##
##
|DONATIO|N|S|AND LEOACIES|||||
|---|---|---|---|---|---|---|---|
||||||||Period|
|||||||Year ended|to|
|||||||31/5/23|31/5/22|
|||||||E|8|
|||||||15|100|
|OTHER TRADINS ACTIVITIES||||||||
||||||||Period|
||||||||1NI/21|
|||||||Year ended|to|
|||||||31/5/23|31/5/22|
|||||||6|8|
|||||||18,597||
|||||||43704|16129|
||||||||16129|
|INVESTMENT|||INCOME|||||
||||||||Period|
||||||||1/11/21|
|||||||Year ended|to|
|||||||31/5/23|31/5/22|
||||||||6|
|I vestmerrt||income||||7885|~1352|
|INCOME FROM CHARITABLE||||ACTIVmES||||
||||||||Period|
||||||||1/1 t/21|
|||||||Year ended||
|||||||31/5/23|31/5/22|
|||||Acavtty|||8|
|Regisbagon||and stud book fee||Charitable|activities|227.886|186,469|
|Membership||subscrlpbons||Charitrdge|sctlv5es|84.100|80,839|
|Trials income||||Chanlable|activlges|f69,893||
|Magazine|inoume|||Charitable|aollviaea|81,996||
|Miscellaneous|||income|Chsraable|acllhides|195||
|||||||563.852|~348 178|
|RAISINS|FUI6$8|||||||
||||||||Period|
||||||||1/11/21|
|||||||Year ended||
|||||||31/5/23|31/5/22|
|||||||8|E|
|||||||35.292|20.171|
|||||||258929||
||||||||20,171|
##
##
##
##
##
##
|Other Iradlng acgvltfes|||||
|---|---|---|---|---|
|||||Padod|
|||||tnt/21|
||||Year ended|to|
||||31/5/23|31/5/22|
|||||6|
|Sad debts||||5|
|Tdala casts|||198.073|6,613|
|Magazine msls|||~84802|~58657|
||||~282 875||
|SUPPORT COSTS|||||
||Maas98/t»il't|Finance|Other|Totals|
||6|6|f|5|
|Raising donefions snd legack»|243.901|15,028||258,929|
|Other resources expended||||340|
||243.901|15.028|||
##
##
##
##
|STAFFCOST|S|||
|---|---|---|---|
||||Period|
||||1/11/21|
|||Year ended||
|||31/5/23|31/5/22|
|||6|6|
|Wages snd satori»||210.642|134,802|
|Social security
Oa»r pension|casts
coals|21.308
3372|8,144
~2045|
|||235.322|~144 991|
|The||monthly
number
ofernpktyaes
during the|year wss as folk/we:||
|---|---|---|---|---|
|||||Period|
|||||I/I I/21|
||||Year ended|to|
||||31/5/23|31/5/22|
|Olfice|and|adminisksbon|7|8|
##
##
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Un~
Restricted|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Un~
Restricted|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Un~
Restricted|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Un~
Restricted|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Un~
Restricted|Endowment|Endowment|Tootl|
|---|---|---|---|---|---|---|---|
||||fund|fund|funds||funds|
|||||6|5||6|
|INCENSE AND ENDOWMENTS||FROM||||||
|Oonabcns snd legacies|||100|||||
|CharhalNs
acthritlos||||||||
|Ghsl/Mla
acllvlfiss|||348,176||||348,178|
|Other trading
acttvtfitw|||16,129||||16,129|
|IrWecursmt I course|||1,122|107||123|1,352|
|Total||||107||123|365 759|
|EXPENDITURE ON||||||||
|Raising funds|||||||85,446|
|CharltelNe
acthrMes||||||||
|Cher/talus
acllvttles|||184.639||||184,639|
||||108.023||||108.023|
|Total|||356.106||||358.'I 08|
|NET INCOME|||7,421|107||123|7,651|
|RECONCILIATION|OF FUNDS|||||||
|Total funds bmughl|forward||267,915|42.915|366,382||697,212|
|TOTAL FUNDS CARRKD FORWAIIO|||~295336|~43 022|~366|505|~704663|
|forth|e year ended $1May 292$|e year ended $1May 292$|e year ended $1May 292$|||||
|---|---|---|---|---|---|---|---|
|11.|TANGIBLE FIXEDASSETS|||||||
||||Fixtures|||||
||||and|||||
||||fittings
f||||Totals
f|
||COST|||||||
||At 1 June2022||23,954||||58,284|
||Addibons|||313|||313|
||At 31 Msy 2023||24,297|||||
||DEP RE CIAll|ON||||||
||At1 June2022||22,030|||||
||Chiirga lor year|||||||
||At 31 Msy 2023||22,370|||||
||NET BOOK VALUE|||||||
||At 31 May 2023||1|927|||~1927|
||At 31 May 2022||1,954||||~1954|
|12,|STOCKS|||||||
||||||||2022
f|
||||||||~37 008|
|1$.|DEBTORS:AMOUNTS FALUHG DUE WITHSI ONE YEAR|||||||
||||||2023||2022|
||||||f|||
||Trade debtara|||||525|3,943|
||Other debtors||||(284)||(284)|
||P repayments
and socrued||Income||27.780||42,179|
||||||28|001||
|14.|CREDITORS:|AMOUHTS|FALUNG DUE WITI9H OHE YEAR|||||
||||||2023
f||2022
f|
||Trade cladttom||||28.717||31,117|
||Taxation snd social eecudty||||14,345||20.059|
||Other creditors||||49,479||38,081|
||||||||~87 257|
|15.|LEABING AGREEMENTS|||||||
||Minimum
lease|Payments|under ncn-ctmctf labia ooeraang blesse tall due as follows:|||||
||||||2023||2022|
||||||f||f.|
||Vylthm one yem||||32.230||30,953|
||Bebrerm cne and five years||||25|575|57805|
||||||57.805|||
##
##
|MOVEMENT
IN FU|NDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|Al|
|||||At 1/6/22|in lunds|31/5/23|
|||||f|f|f|
|Unreshlcted
funds|||||||
|General fvnd||||295,336|(120.926)|174,410|
|Rsstrtcted funds|||||||
|Chairman's
Appeal|2001 Account|||43,022|||
|Endowmern
funds
Bequests reserve fund
I~t nmsrvs
fund||||97,938
143,567||97,936
143,567|
|Tdals support
fund||||125,000||125.000|
|||||||~366505|
|TOTAL FUNDS|||||~120926)|~583 937|
|Net movement
In funds, Induced|||In lhe above are as follows:|Incoming|~|Movement|
|||||resources
f|expended
f|in funds|
|t/nmstnctsd
funds|||||||
|General fund||||632,333|(753.259)|(120,926)|
|TOTAL FUNDS||||632,333|~753.259)|~120,926)|
|Comparailves
for|nmrrmllt|In|funds||||
||||||Net||
|||||Al|movement|Al|
|||||1/11/21
f|in fvnds
f|31/5/22
f|
|1/nmetrtc ted funds|||||||
|General fund||||287,915|7.421||
|Reslrtcled funds|||||||
|Chairmen's
Appeal|2001Account|||42,915|107|43,022|
|Endowment
funds
Bequests reserve fund
l~ reserve fund||||97,824
143,558|114
9|97,938
143,567|
|Trials support
lund||||~125000||~125M0|
||||||123||
|TOTALFUNDS||||597,2'l2|7,651||
##
##
|Comparative|net movement h funds. Induded
in the|above am as foNows:|above am as foNows:|||
|---|---|---|---|---|---|
|||Incoming|||Movement|
|||resources||expended|in funds|
|||B||0||
|Unrestrlcktd|funds|||||
|General
hmd||||1358.109)|7,421|
|Restrtcted|funds|||||
|Chairman's|Appeal 2001Account||107||107|
|Endowment
funds
Bequests reserve fund
I~t reserve fund|||1'l4
9||114
9|
||||123||123|
|TOTAL FUNDS||345|759|~359108)|~7551|
##
##
##
##
##
|NTERNATIONAL
S
Detafied 6 sasrnsnt
forthe year ended|HEEP DOI$ SOCIETY
ol Rnanclal Actlvklss
$1May 202$|||
|---|---|---|---|
||||Psciad|
||||1/11/21|
|||Year ended|to|
|||31/5/23|31/5/22f|
|INCOME ANO ENDOWMENTS||||
|Dona5om and legacies||||
|Oonafians||15||
|ONsr trading saIvltfes||||
|Sponsorships||16,897||
|Sale ofgoods and stud books||~43 704|~IB129|
|||80,601|18,129|
|Investment
Inoocne||||
|Invuulmani
inaanle|||1,352|
|Charttehkr
acHvlSm||||
|Registration
and stud baok fee
Membership su~||227.666
84,100|186,469|
|T/fait lrlaame||169,893||
|Magazine
inCOme||61.998|80,870|
|Mlscefieneaus
incame||195||
|Total incoming resources|||365,759|
|Raising donathms|and legacies|||
|Purchase ofgoads,|stud beak||20,171|
|ONar tredlllg ecIvltfas||||
|end debts|||5|
|Trials casts||198,073|6,813|
|Magazine casts||~84 802|~56 657|
|||282.875|65,275|
|ONer||||
|Rent, rates end services||36,247|22,101|
|Qmae OpersUOn
and|mstsrisla|49,712|33,214|
|C am puler costs
Professional
charges
Governance
aosis||$9.735
25.445|39,263
4,t42|
|Donations
and general expenses
Iflsulsnce||3.154
~19530|1,208
~7366|
|||175.823|107,314|
|Support costs||||
|Msnsysment||||
|wages
Sacral security||210,542
2'l.308|134,602
8,144|
|Pensions||3,372|2,045|
|Msefings snd tasvelling||8.579|8,987|
|||243,901|153,978|
|NTERNATIONAL
SHEEP DOI$ SOCIETY
t)atafied 6 aesrnsnt ofRnanclal
Acdhrklss
forthe year ended $1May 262$|||
|---|---|---|
|||Period|
|||1/11/21|
||Year ended|to|
||31/5/23|31/5/22f|
|Management|||
|Finance|||
|Sank charges
Exchange
losses//gains)|14,330
698|11,063
~402)|
||15.026|10.661|
|Other|||
|Fixlvres and fitangs|340|709|
|Total resovrces expended|753 259|358 108|
|Net texpendkvre)fincoms|~120926)|7651|