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2020-12-31-accounts
|
Page |
| Trustees |
1 |
| Legal and Administrative Information |
2 |
| Council Members Report |
3 |
| Independent Examiner's Report |
11 |
| Statement of Financial Activities |
12 |
| Balance Sheet |
13 |
| Statement of Cash Flows |
14 |
| Notes to the Financial Statements |
15 |
| Risk |
Mitigation |
| Poor weather significantly impacts cancellation of events |
Discounts are offered for advance purchase of |
| outside of the Society's control. |
tickets. |
|
Insurances are in place to cover any financial |
|
liability should the show or other events be |
|
cancelled. |
|
The reserves policy reflects the need to continue |
|
to operate after a poor year. |
| Employment law failure |
A procedure is in place to deal with disciplinary |
|
actions relating to members of staff to include |
|
professional advice if required. |
|
A staff handbook has been issued. |
|
Contracts are reviewed on an annual basis with |
|
staff assessments. |
| Membership |
2020 |
2019 |
2018 |
2017 |
2016 |
| Single Member |
529 |
668 |
677 |
680 |
717 |
| Double Members *2 Persons |
152 |
182 |
193 |
206 |
206 |
| Life Members |
440 |
451 |
458 |
460 |
479 |
| Silver Members — previously Associate |
18 |
18 |
30 |
29 |
25 |
| Bronze Members — previously Junior |
163 |
247 |
230 |
244 |
216 |
| Overseas — Single |
17 |
14 |
18 |
19 |
17 |
| Overseas — Double |
4 |
3 |
5 |
3 |
3 |
| Overseas — Life |
40 |
43 |
47 |
47 |
51 |
| Overseas — Silver |
1 |
1 |
1 |
1 |
1 |
| Overseas — Bronze |
8 |
6 |
9 |
7 |
8 |
| Total Membership |
1372 |
1633 |
1668 |
1696 |
1723 |
| Total Members |
1528 |
1818 |
1866 |
1905 |
1932 |
| National Championship Show |
2020 |
2019 |
2018 |
2017 |
2016 |
| Pure Bred Arabs |
|
491 |
534 |
503 |
482 |
| Anglo Arabs |
− |
28 |
19 |
19 |
25 |
| Part Bred Arabs |
|
100 |
115 |
134 |
162 |
| Open & Special Classes |
|
233 |
247 |
197 |
240 |
| Dressage |
|
94 |
125 |
108 |
137 |
| Show lumping |
|
20 |
41 |
64 |
74 |
| Total Entries |
|
966 |
1081 |
1025 |
1120 |
| Exhibitors |
|
247 |
256 |
256 |
305 |
| Horses |
|
396 |
429 |
426 |
498 |
| Registrations |
2020 |
2019 |
2018 |
2017 |
2016 |
| Pure Bred Arabs |
225 |
240 |
309 |
389 |
378 |
| Anglo Arabs |
15 |
6 |
15 |
12 |
20 |
| Part Bred Arabs |
132 |
228 |
271 |
289 |
277 |
| Total Registrations |
372 |
474 |
595 |
690 |
675 |
| Transfers of Ownership |
618 |
715 |
575 |
941 |
882 |
| Imports Registered |
50 |
62 |
86 |
79 |
81 |
| Exports Registered |
85 |
149 |
160 |
185 |
142 |
| Stallions Licensed/Entered |
36 |
29 |
30 |
35 |
39 |
| Exports 2020 |
|
Imports 2020 |
|
| Austria |
1 |
Bahrain |
2 |
| Bahrain |
3 |
Belgium |
1 |
| Belgium |
5 |
Denmark |
2 |
| Denmark |
1 |
France |
16 |
| Egypt |
2 |
Germany |
5 |
| France |
31 |
Hungary |
1 |
| Germany |
1 |
Italy |
2 |
| Italy |
2 |
Netherlands |
2 |
| Iran |
1 |
Poland |
7 |
| Jordan |
2 |
Russia |
1 |
| Kuwait |
6 |
Saudi Arabia |
1 |
| Netherlands |
5 |
Spain |
2 |
| Poland |
2 |
Sweden |
2 |
| Qatar |
1 |
UAE |
3 |
| Saudi Arabia |
6 |
USA |
3 |
| Spain |
5 |
|
|
| Sweden |
3 |
|
|
| UAE |
8 |
|
|
| Total |
85 |
Total |
50 |
|
|
Restricted |
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2020 |
2020 |
2020 |
2019 |
|
Note |
£ |
£ |
£ |
£ |
| INCOME FROM: |
|
|
|
|
|
| Donations and legacies |
2 |
1,115 |
43,385 |
44,500 |
96,829 |
| Charitable activities |
4 |
|
87,750 |
87,750 |
207,108 |
| Investments |
3 |
632 |
12,417 |
13,049 |
14,234 |
| Job retention scheme grants |
|
− |
5,050 |
5,050 |
− |
| TOTAL INCOME |
|
1,747 |
148,602 |
150,349 |
318,171 |
| EXPENDITURE ON: |
|
|
|
|
|
| Charitable activities |
5 |
500 |
205,573 |
206,073 |
324,123 |
| TOTAL EXPENDITURE |
|
500 |
205,573 |
206,073 |
324,123 |
| NET INCOME/ (EXPENDITURE) BEFORE |
|
|
|
|
|
| INVESTMENT GAINS/(LOSSES) |
|
1,247 |
(56,971) |
(55,724) |
(5,952) |
| Net (losses) / gains on investments |
11 |
|
(2,191) |
(2,191) |
44,183 |
| NETINCOME!(EXPENDITURE) BEFORE |
|
|
|
|
|
| OTHER RECOGNISED GAINS AND LOSSES |
|
1,247 |
(59,162) |
(57,915) |
38,231 |
| NET MOVEMENT IN FUNDS |
|
1,247 |
(59,162) |
(57,915) |
38,231 |
| RECONCILIATION OF FUNDS: |
|
|
|
|
|
| Total funds brought forward |
|
71,828 |
1,535,651 |
1,607,479 |
1,569,248 |
| TOTAL FUNDS CARRIED FORWARD |
|
73,075 |
1,476,489 |
1,549,564 |
1,607,479 |
|
|
2020 |
2019 |
|
Note |
|
E |
| FIXED ASSETS |
|
|
|
| Tangible assets |
10 |
558,254 |
522,579 |
| Investments |
11 |
240,348 |
242,539 |
|
|
798,602 |
765,118 |
| CURRENT ASSETS |
|
|
|
| Stocks |
12 |
12,493 |
9,917 |
| Debtors |
13 |
34,640 |
33,153 |
| Investments |
14 |
242,527 |
502,089 |
| Cash at bank and in hand |
|
532,627 |
327,467, |
|
|
822,287 |
872,626 |
| CREDITORS: amounts failing due within |
|
|
|
| one year |
15 |
(71,325) |
(30,265) |
|
|
|
_ |
| NET CURRENT ASSETS |
|
750,962 |
842,361 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
1,549,564 |
1,607,479 |
| CREDITORS: amounts falling due after |
16 |
|
|
| morethan one year |
|
|
|
| NET ASSETS |
|
1,549,564 |
1,607 479 |
| CHARITY FUNDS |
|
|
|
| Restricted funds |
18 |
73,075 |
71,828 |
| Unrestricted funds |
18 |
1,476,489 |
1,535,651 |
| TOTAL FUNDS |
|
.1,549,564 |
'1,607,479, |
|
|
2020 |
2019 |
|
Note |
|
|
| Cash flows from operating activities |
|
|
|
| Net cash used in operating activities |
20 |
(18,792) |
(20,071) |
| Cash flows from investing activities: |
|
|
|
| Dividends, interest and rents from investments |
|
13,049 |
14,234 |
| Purchase of tangible fixed assets |
|
(48,659) |
(220,794) |
| Net cash (used in)/provided by investingactivities |
|
(35,610) |
(206,560) |
| Change in cash and cash equivalents in the year |
|
04,402); |
(226,631) |
| Cash and cash equivalents brought forward |
|
,829,556. |
1,056,187 |
| Cash and cash equivalents carried forward |
21 |
775,154 |
829,556 |
| ME FROM DONATIONS AND LEGACIES |
|
|
|
|
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
£ |
f |
f |
f |
| Membership subscriptions |
720 |
39,459 |
40,179 |
57,135 |
| Legacies |
− |
− |
−− |
26,949 |
| HON'S fund |
395 |
− |
395 |
505 |
| Malvern donations |
− |
−. |
, |
6,977 |
| General donations |
|
79 |
79 |
488 |
| Gift Aid |
|
3,847 |
3,847 |
4,775 |
| Total donations and legacies |
1,115 |
43,385 |
44,500 |
96,829 |
| Total 2019 |
505 |
96,324 |
96,829 |
|
| STMENT INCOME |
|
|
|
|
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
2019 |
|
f |
f |
f |
E |
| Investment income |
632 |
12,417 |
13,049 |
14,234 |
| Total 2019 |
628 |
13,606 |
14,234 s |
|
| **4 ** |
INCOME FROM CHARITABLE ACTIVITIES |
|
|
|
|
|
|
|
|
Restricted |
|
Unrestricted |
|
Total |
Total |
|
|
funds |
|
|
funds |
funds |
funds |
|
|
2020 |
|
|
2020 |
2020 |
2019 |
|
|
f |
|
|
f |
f |
f |
|
Public relations and marketing |
|
|
|
8,527 |
8,527 |
9,894 |
|
Stud book and registration |
|
|
|
78,608 |
78,608 |
96,252 |
|
Shows and events |
|
|
|
615 |
615 |
91,195 |
|
HOYS Fund |
|
|
|
|
− |
9,767 |
|
|
|
|
|
87,750 |
87,750 |
207,108 |
|
Total 2019 |
10,617 |
|
|
196,491 |
207,108 |
|
| **5 ** |
EXPENDITURE BY CHARITABLE ACTIVITY |
|
|
|
|
|
|
|
|
Restricted |
|
Unrestricted |
|
Total |
Total |
|
|
funds |
|
|
funds |
funds |
funds |
|
|
2020 |
|
|
2020 |
2020 |
2019 |
|
|
f |
|
|
f |
f |
f |
|
Public relations and marketing |
|
|
|
59,985 |
59,985 |
63,457 |
|
Stud book and registration |
|
|
|
109,883 |
109,883 |
116,826 |
|
Shows and events |
500 |
|
|
25,790 |
26,290 |
122,178 |
|
HOYS fund |
|
|
|
|
− |
10,600 |
|
Governance costs |
|
− |
|
9,915 |
9,915 |
11,062 |
|
Total |
500 |
|
|
205,573 |
206,073 |
324,123 |
| **6 ** |
ALLOCATION OF SUPPORT COSTS TO ACTIVITIES |
|
|
|
|
|
|
|
Included within the figures above are the following support |
|
costs. |
|
|
|
|
|
|
|
|
|
|
2020 |
2019 |
|
|
|
|
|
|
f |
£ |
|
Staff costs |
|
|
|
|
87,483 |
87,424 |
|
Printing, postage and telephone |
|
|
|
|
6,797 |
11,416 |
|
Depreciation |
|
|
|
|
2,641 |
1,665 |
|
Legal and professional |
|
|
|
|
8,945 |
9,801 |
|
Office costs |
|
|
|
|
9,015 |
9,427 |
|
Computer support |
|
|
|
|
10,828 |
9,219 |
|
Travel, training and conferences |
|
|
|
|
628 |
1,078 |
|
Welfare fund |
|
|
|
|
500 |
1,000 |
|
Other costs |
|
|
|
|
2,723 |
2,235 |
|
Total support costs |
|
|
|
|
129,560 |
133,265 |
|
2020 |
2019 |
| Public relations and marketing |
29,151 |
29,985 |
| Stud book and registration |
77,736 |
79,959 |
| Shows and events |
16,195 |
16,658 |
| Governance |
6,478 |
6,663 |
| Total |
129,560 |
133,265 |
| GOVERNANCE COSTS |
|
|
|
Total |
Total |
|
funds |
funds |
|
2020 |
2019 |
| Independent Examiner's fees |
3,100 |
3,500 |
| Annual General Meeting |
100 |
303 |
| Council travel |
237 |
596 |
| Support costs |
6,478 |
6,663 |
|
9,915 |
11,062 |
|
2020 |
|
2019 |
|
| Income from donations and legacies |
|
|
|
|
| Membership subscriptions |
39,679 |
|
57,135 |
|
| Gift Aid |
3,847 |
|
4,774 |
|
|
|
43,526 |
|
61,909 |
| Income from charitable activities |
|
|
|
|
| Arab Horse Society News |
8,002 |
|
8,601 |
|
| Promotions |
525 |
|
1,293 |
|
|
|
8,527 |
|
9,894 |
| Expenditure |
|
|
|
|
| Membership costs |
14,222 |
|
13,205 |
|
| Arab Horse Society News (including postage) |
16,455 |
|
15,994 |
|
| Promotion |
157 |
|
4,273 |
|
| Support costs |
29,151 |
|
29,985 |
|
| Total expenditure |
|
59,985 |
|
63,457 |
| Net surplus / (deficit) |
|
(7,932) |
|
8,346 |
|
2020 |
|
2019 |
|
| Income from charitable activities |
|
|
|
|
| Registration fees (incl. DNA testing) |
32,755 |
|
38,870 |
|
| Exports and imports |
15,317 |
|
27,106 |
|
| Transfer fees |
14,574 |
|
15,153 |
|
| Breed entries and licences |
6,952 |
|
5,133 |
|
| Duplicate certificates |
2,316 |
|
3,533 |
|
| Bloodtyping and DNA analysis |
550 |
|
623 |
|
| Stud books |
1,585 |
|
2,022 |
|
| Microchips |
442 |
|
269 |
|
| Other income |
4,117 |
|
3,543 |
|
| Total income |
|
78,608 |
|
96,252 |
| Expenditure |
|
|
|
|
| Bloodtyping and DNA fees |
10,640 |
|
13,130 |
|
| Printing, postage and stationery |
6,144 |
|
13,099 |
|
| Weatherbys system maintenance |
|
|
|
|
| Stud book |
364 |
|
403 |
|
| Premium scheme costs |
367 |
|
392 |
|
| WAHO fees |
1,406 |
|
1,449 |
|
| Subscriptions, conference and meeting fees |
727 |
|
2,920 |
|
| Committee expenses |
|
|
445 |
|
| Travel expenses |
|
|
2,153 |
|
| Microchips |
1,353 |
|
2,168 |
|
| Other costs |
11,145 |
|
708 |
|
| Stud book printing |
|
|
|
|
| Support costs |
77,736 |
|
79,959 |
|
| Total expenditure |
|
109,882 |
|
116,826 |
| Net surplus / (deficit) |
|
(31,274) |
|
20,574) |
|
2020 |
|
2019 |
|
| Income from donations and legacies |
|
|
|
|
| Donations −AHS National Show |
|
|
|
6,977 |
| Income from charitable activities |
|
|
|
|
| AHS National Show |
433 |
|
75,722 |
|
| BACS |
|
|
10,365 |
|
| Other activities |
182 |
|
2,394 |
|
| Judges and training |
|
|
2,714 |
|
| Marathon |
|
|
|
|
|
|
615 |
|
91,195 |
| Expenditure |
|
|
|
|
| AHS National Show |
3,774 |
|
90,637 |
|
| BAGS |
96 |
|
7,956 |
|
| Marathon |
|
|
|
|
| Judges and training |
40 |
|
3,101 |
|
| Other activities |
6,184 |
|
3,827 |
|
| Support costs |
16,195 |
|
16,658 |
|
| Total expenditure |
|
26,289 |
|
122,179 |
| Net surplus/ (deficit) |
|
(25,674) |
|
(24,007) |
|
2020 |
|
|
2019 |
|
|
|
£ |
|
|
|
| Income from donations and legacies |
|
|
|
|
|
| Donations −AHS National Show |
|
|
|
|
6,977 |
| Income from charitable activities |
|
|
|
|
|
| Entries |
433 |
|
|
24,264 |
|
| Stabling |
|
|
|
28,225 |
|
| Sponsorship |
|
|
|
5,489 |
|
| Show supporters |
|
|
|
6,540 |
|
| Trade stands |
|
|
|
1,425 |
|
| Catalogue sales and advertising |
|
|
|
3,400 |
|
| Other show income |
|
|
|
6,379 |
|
|
|
433 |
|
|
75,722 |
| Expenditure |
|
|
|
|
|
| Showground hire |
|
|
|
20,789 |
|
| Extra stabling |
|
|
|
6,400 |
|
| Stable expenses |
|
|
|
3,870 |
|
| Grandstand hire and PA equipment |
|
|
|
5,822 |
|
| Sponsors Tent |
|
|
|
5,492 |
|
| Stewards and DCs (lodging, food & expenses) |
304 |
|
|
10,616 |
|
| Judges (lodging, food & expenses) |
|
|
|
4,905 |
|
| Staff |
2,500 |
|
|
5,000 |
|
| Show Director fees and expenses |
|
|
|
78 |
|
| Printing and postage (schedule & catalogue) |
20 |
|
|
2,627 |
|
| Rosettes |
28 |
|
|
5,266 |
|
| Affiliation fees and subscriptions |
|
|
|
169 |
|
| Security |
|
|
|
4,871 |
|
| Medical cover |
|
|
|
1,606 |
|
| Trade stands |
|
|
|
1,120 |
|
| Weatherbys system and support |
|
|
|
212 |
|
| Insurance |
|
|
|
1,176 |
|
| Gelding prize money |
|
|
|
1,850 |
|
| 2019 cancellation refunds |
|
|
|
3,310 |
|
Other expenses
Total expenditure |
922
|
3,774 |
0 |
5,458 |
90,637 |
| Net surplus / (deficit) |
|
(3,341):. |
|
|
17;938) |
NETINCOME/(EXPENDITURE)
This is stated after charging: |
|
|
|
2020 |
2019 |
| Depreciation of tangible fixed assets: |
|
|
| −owned by the charity |
15,515 |
1,665 |
| Independent Examiner's fees |
3,100 |
3,500 |
STAFF COSTS
Staff costs were as follows: |
|
|
|
2020 |
2019 |
| Wages and salaries |
73,026 |
72,684 |
| Social security costs |
17,280 |
17,781 |
| Other pension costs |
2,177 |
1,959 |
|
92,483 |
92,424 |
| The average number of persons employed by the company |
during the year was as follows: |
|
|
|
2020 |
|
2019 |
|
No. |
|
No. |
| Stud book |
|
|
|
| Administration and support |
|
1 |
|
| TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
|
Office |
|
Weatherbys |
|
Freehold |
Property |
equipment & |
Computer |
bespoke |
|
property |
improvements |
trophies |
equipment |
systems |
| Cost |
|
|
|
|
|
| At 1 January 2020 |
297,746 |
2,532 |
55,204 |
172,700 |
288,033 |
| Additions |
− |
9,230 |
|
1,929 |
37,500 |
| At 31 December 2020 |
297,746 |
11,762 |
55,204 |
174,629 |
325,533 |
| Depreciation |
|
|
|
|
|
| At 1 January 2020 |
|
2,532 |
52,206 |
170,789 |
68,111 |
| Charge for the year |
|
|
643 |
941 |
11,399 |
| At 31 December 2020 |
|
2,532 |
52,849 |
171,730 |
79,509 |
| Net book value |
|
|
|
|
|
| At 31 December 2020 |
297,746 |
9,230 |
2,355 |
2,899 |
246,024 |
| At 31 December 2019 |
297,746 |
|
2,998 |
1,912 |
219,923 |
|
|
|
|
|
Total |
| Cost |
|
|
|
|
|
| At 1 January 2020 |
|
|
|
|
816,215 |
| Additions |
|
|
|
|
48,659 |
| At 31 December 2020 |
|
|
|
|
864,874 |
| Depreciation |
|
|
|
|
|
| At 1 January 2020 |
|
|
|
|
293,637 |
| Charge for the year |
|
|
|
|
12,983 |
| At 31 December 2020 |
|
|
|
|
306,620 |
| Net book value |
|
|
|
|
|
| At 31 December 2020 |
|
|
|
|
558,254 |
| At 31 December 2019 |
|
|
|
|
522,579 |
| **11 ** |
FIXED ASSET INVESTMENTS |
|
|
|
|
|
|
Listed |
|
|
|
|
securities |
|
|
Market value |
|
|
|
|
At 1 January 2020 |
|
242,539 |
|
|
Revaluations |
|
(2,191) |
|
|
At 31 December 2020 |
|
240,348 |
|
|
Listed securities at market value comprise |
|
|
|
|
|
2020 |
2019 |
|
|
CCLA Charity investment fund |
140,771 |
128,221 |
|
|
M&G Securities |
99,577 |
114,318 |
|
|
|
240,348 |
242,539 |
|
| **12 ** |
STOCKS |
|
|
|
|
|
2020 |
2019 |
|
|
Promotions and general publications |
710 |
710 |
|
|
Publications −news and books |
2,797 |
2,925 |
|
|
Publications −stud book |
2,546 |
2,910 |
|
|
Microchips |
6,440 |
3,372 |
|
|
|
12,493 |
9,917 |
|
| **13 ** |
DEBTORS |
|
|
|
|
|
2020 |
2019 |
|
|
|
£ |
|
|
|
Trade debtors |
473 |
432 |
|
|
VAT |
17,033 |
11,937 |
|
|
Prepayments and accrued income |
17,134 |
20,784 |
|
|
|
34,640 |
33,153 |
_ |
| **14 ** |
CURRENT ASSET INVESTMENTS |
|
|
|
|
|
2020 |
2019 |
|
|
Investments |
242,527 |
502,089 |
|
| CREDITORS: Amountsfalling due within one year |
|
|
|
2020 |
2019 |
| Bank loans and overdrafts |
951 |
|
| Trade creditors |
52,820 |
10,059 |
| Other creditors |
5,174 |
4,854 |
| Accruals |
8,335 |
12,048 |
| Deferred income |
4,045 |
3,304 |
|
71,325 |
30,265 |
| CREDITORS: Amounts falling due after more than one year |
|
|
|
2020 |
2019 |
|
|
£ |
| Unexpired Life Membership subscriptions |
|
|
| DEFERRED INCOME |
|
|
|
412(:), |
2019 |
| Balance b/f |
3,304 |
3,405 |
| Income released in the year |
(3,304) |
(3,405) |
| Deferred income received −memberships and other fees |
2,725. |
1,984 |
| Trophy deposits |
1,320, |
1,320 |
| Total |
4,045 |
3,304 |
|
Balance at |
|
|
|
Balance at |
|
|
1 January |
|
|
Gains / |
31 December |
|
|
2020 |
Income |
Expenditure |
(Losses) |
2020 |
|
|
|
|
|
|
E |
|
| Designated funds |
|
|
|
|
|
|
| Property fund |
297,746 |
.: |
|
|
297,746 |
|
| The Lady Willingdon Bequest |
65,052 |
651 |
|
|
65,703 |
|
| The Lady Miranda Emmet Fund |
4,226 |
42 |
|
|
4,268 |
|
| Patricia Lindsay Bequest |
19,721 |
197 |
|
|
19,918 |
|
| Norman Laurens Bequest |
33,603 |
336 |
|
|
33,939 |
|
| Trophies −insurance claim |
4,685 |
|
|
|
4,685 |
|
|
425,033 |
1,226 |
|
|
426,259 |
|
| General funds |
|
|
|
|
|
|
| General funds |
1,110,618 |
142,326 |
(200,523), |
(2,191) |
1,050,230 |
|
| Total Unrestricted funds |
1,535,651 |
143,552 |
(200,523), |
(2,191) |
1,476,489 |
|
| Restricted funds |
Balance at |
|
|
|
Balance at |
|
|
1 January |
|
|
Gains / |
31 December |
|
|
2020 |
Income |
Expenditure |
(Losses) |
2020 |
|
|
£ |
£ |
E |
E |
£ |
|
| HOYS Fund |
8,706 |
395 |
|
|
9,101 |
|
| The Mary Russell Fund |
61,557 |
616 |
− |
|
62,173 |
|
| Welfare Fund |
1,565 |
736 |
' (500) |
|
1,801 |
|
|
71,828 |
1,747 |
(500) |
|
73,075 |
|
| Total of funds |
1,607,479 |
,
145,299 |
(201,023) |
(2,191) |
.1,549,564 |
|
|
•• |
|
|
|
|
. |
|
|
Balance at |
|
|
|
|
Balance at 31 |
|
|
|
1 January |
|
|
|
Gains/ |
December |
|
|
|
2019 |
Income |
Expenditure |
|
(Losses) |
2019 |
|
|
|
E |
|
|
|
|
£ |
|
| Designated funds |
|
|
|
|
|
|
|
|
| Property fund |
|
297,746 |
|
|
., |
|
297,746 |
|
| The Lady Willingdon Bequest |
|
185,200 |
1,852 |
|
(122,000) |
|
65,052 |
|
| The Lady Miranda Emmet Fund |
|
4,184 |
42 |
|
|
|
4,226 |
|
| Patricia Lindsay Bequest |
|
19,526 |
195 |
|
|
|
19,721 |
|
| Norman Laurens Bequest |
|
132,280 |
1,323 |
|
(100,000) |
|
33,603 |
|
| Trophies −Insurance claim |
|
|
4,685 |
|
0 |
|
4,685 |
|
|
|
638,936 _ |
8,097 |
− |
222,000 |
|
425,033 |
|
| General funds |
|
|
|
|
|
|
|
|
| General funds |
|
858,430 |
298,324 |
|
(90;319) |
44,183 |
1,110,618 |
|
| Total Unrestricted funds |
. |
1,497,366_ |
306,421 |
_ |
(512,319) |
44,183 |
1,535,651 |
_ |
|
_ |
|
|
|
|
|
|
|
| Restricted funds |
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
|
|
Balance at 31 |
|
|
|
1 January |
|
|
|
Gains/ |
December |
|
|
|
2019 |
Income |
Expenditure |
|
(Losses) |
2019 |
|
|
|
E |
E |
|
E |
E |
f |
|
| HOYS Fund |
|
9,034 |
10,272 |
|
(10,600) |
|
8,706 |
|
| The Mary Russell Fund |
|
61,150 |
611 |
|
(204) |
|
61,557 |
|
| Welfare Fund |
|
1,698 |
867 |
|
(1,000) |
|
1,565 |
|
|
|
71,882 |
11,750 |
|
(11,804), |
.., |
71,828 |
|
| Total of funds |
|
1,569,248 |
318,171 |
|
(324,123) |
44,183 |
1,607,479 |
|
| SUMMARY OF FUNDS −CUR |
RENT YEAR |
|
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1 January |
|
|
Gains / |
31 December |
|
2020 |
Income |
Expenditure |
(Losses) |
2020 |
|
f |
f |
f |
f |
f |
| Designated funds |
425,033 |
1,226 |
|
− |
426,259 |
| General funds |
1,110,618
1,535,651 |
142,326
143,552 |
,(200,523)
(200,523) |
(2,191)
(2,191) |
1,050,230
1,476,489 |
| Restricted funds |
71,828 |
1,747 |
(500) |
− |
73,075 |
|
1,607,479. |
145:;299 |
(201,023) |
(,2;191) |
1,549,564 |
| SUMMARY OF FUNDS −PRI |
OR YEAR |
|
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1 January |
|
|
Gains / |
31 December |
|
2019 |
Income |
Expenditure |
(Losses) |
2019 |
|
f |
f |
f |
f |
f |
| Designated funds |
638,936 |
8,097 |
(222,000) |
|
425,033 |
| General funds |
858,430 |
298,324 |
(90,319) |
44,183 |
1,110,618 |
|
1,497,366 |
306,421 |
(312,319) |
44,183 |
1,535,651 |
| Restricted funds |
71,882 |
11,750 |
(11,804) |
|
71,828 |
|
1,569,248 |
316,171 |
(324;123) |
44,183 |
1,607,479 |
| ANALYSIS OF NET ASSETS BETWEEN FUNDS−CU |
RRENT YEAR |
|
|
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
|
f |
f |
E |
| Tangible fixed assets |
|
558,254 |
558,254 |
| Fixed asset investments |
.− |
240,348 |
240,348 |
| Current assets |
73,075 |
749,212 |
822,287 |
| Creditors due within one year |
_ |
(71,325) |
(71;325). |
|
73,075 |
1,476,489 |
1,549,564 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2019 |
2019 |
2019 |
|
£ |
£ |
£ |
| Tangible fixed assets |
|
522,579 |
522,579 |
| Fixed asset investments |
|
242,538 |
242,538 |
| Current assets |
71,828 |
800,799 |
872,627 |
| Creditors due within one year |
|
(30,265) |
(30,265) |
|
71,828 |
1,535,651 |
1,607,479 |
|
2020 |
2019 |
| Net income/(expenditure) for the year (as per Statement of Financial |
|
|
| Activities) |
(57,915) |
38,231 |
| Adjustment for: |
|
|
| Depreciation charges |
12,983 |
1,665 |
| Losses / (gains) on investments |
2,191 |
(44,182) |
| Dividends, interest and rents from investments |
(13,049) |
(14,234) |
| (Increase)! decrease in stocks |
(2,576) |
(1,480) |
| Decrease / (increase) in debtors |
(1,486) |
20,069 |
| (Decrease) / increase in creditors |
41,060 |
(20,140) |
| Net cash used in operating activities |
(18,792) |
(20,071) |
| ANALYSIS OF CASH AND CASH EQUIVALENTS |
|
|
|
2020 |
2019 |
| Current asset investments |
242,527 |
502,089 |
| Cash at bank |
532,627 |
327,467 |
| Total |
775;154 |
1.829,556 |