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2021-12-31-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 |
| Membership |
2021 |
2020 |
2019 |
2018 |
2017 |
| Single Member |
554 |
529 |
638 |
677 |
680 |
| Double Members *2 Persons |
103 |
152 |
182 |
193 |
206 |
| Life Members |
429 |
440 |
451 |
458 |
460 |
| Silver Members — previously Associate |
17 |
18 |
18 |
30 |
29 |
| Bronze Members — previously Junior |
204 |
163 |
247 |
230 |
244 |
| Overseas — Single |
17 |
17 |
14 |
18 |
19 |
| Overseas — Double |
2 |
4 |
3 |
5 |
3 |
| Overseas — Life |
32 |
40 |
43 |
47 |
47 |
| Overseas — Silver |
1 |
1 |
1 |
1 |
1 |
| Overseas — Bronze |
6 |
8 |
6 |
9 |
7 |
| Total Membership |
1365 |
1372 |
1603 |
1668 |
1696 |
| Total Members |
1470 |
1528 |
1788 |
1866 |
1905 |
| National Championship Show |
2021 |
2020 |
2019 |
2018 |
2017 |
| Pure Bred Arabs |
271 |
|
491 |
534 |
503 |
| Anglo Arabs |
6 |
|
28 |
19 |
19 |
| Part Bred Arabs |
50 |
|
100 |
115 |
134 |
| Open & Special Classes |
161 |
|
233 |
247 |
197 |
| Dressage |
38 |
|
94 |
125 |
108 |
| Show Jumping |
|
|
20 |
41 |
64 |
| Total Entries |
526 |
|
966 |
1081 |
1025 |
| Exhibitors |
181 |
|
247 |
256 |
256 |
| Horses |
266 |
|
392 |
429 |
426 |
| Registrations |
|
2021 |
2020 |
2020 |
2019 |
2018 |
2017 |
| Pure Bred Arabs |
|
278 |
225 |
|
240 |
309 |
389 |
| Anglo Arabs |
|
12 |
|
15 |
6 |
14 |
12 |
| Part Bred Arabs |
|
178 |
132 |
|
228 |
271 |
289 |
| Total Registrations |
|
468 |
372 |
|
474 |
595 |
690 |
| Transfers o f Ownership |
|
627 |
618 |
|
715 |
575 |
910 |
| Imports Registered |
|
46 |
|
50 |
62 |
86 |
79 |
| Exports Registered |
|
165 |
|
85 |
149 |
160 |
185 |
| Stallions Licensed/Entered |
|
39 |
|
36 |
29 |
30 |
35 |
| Exports 2021 |
|
|
**Imports ** |
2021 |
|
|
|
| Australia |
1 |
|
Belgium |
|
|
6 |
|
| Bahrain |
2 |
|
France |
|
|
17 |
|
| Belgium |
1 |
|
Italy |
|
|
6 |
|
| Brazil |
1 |
|
Morocco |
|
|
1 |
|
| China |
1 |
|
Netherlands |
|
|
4 |
|
| Denmark |
10 |
|
New Zealand |
|
|
1 |
|
| France |
76 |
|
Poland |
|
|
4 |
|
| Germany |
3 |
|
Sweden |
|
|
1 |
|
| Israel |
2 |
|
UAE |
|
|
5 |
|
| Italy |
1 |
|
USA |
|
|
1 |
|
| Jordan |
1 |
|
|
|
|
|
|
| Kuwait |
3 |
|
|
|
|
|
|
| Netherlands |
1 |
|
|
|
|
|
|
| Norway |
1 |
|
|
|
|
|
|
| Qatar |
2 |
|
|
|
|
|
|
| Saudi Arabia |
11 |
|
|
|
|
|
|
| Serbia |
1 |
|
|
|
|
|
|
| South Africa |
1 |
|
|
|
|
|
|
| Spain |
2 |
|
|
|
|
|
|
| Sweden |
3 |
|
|
|
|
|
|
| UAE |
41 |
|
|
|
|
|
|
| Total |
165 |
|
Total |
|
|
46 |
|
|
|
Restricted |
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
|
2021 |
2021 |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
£ |
| INCOME FROM: |
|
|
|
|
|
| Donations and legacies |
2 |
895 |
50,991 |
51,886 |
44,500 |
| Charitable activities |
4 |
9,819 |
159,089 |
168,908 |
87,750 |
| Investments |
3 |
320 |
3,413 |
3,733 |
13,049 |
| Job retention scheme grants |
|
|
1,623 |
1,623 |
5,050 |
| TOTAL INCOME |
|
11,034 |
215,117 |
226,151 |
150,349 |
| EXPENDITURE ON: |
|
|
|
|
|
| Charitable activities |
5 |
10,982 |
248,214 |
259,196 |
206,073 |
| TOTAL EXPENDITURE |
|
10,982 |
248,214 |
259,196 |
206,073 |
| NET INCOME/ (EXPENDITURE) BEFORE |
|
|
|
|
|
| INVESTMENT GAINS/(LOSSES) |
|
52 |
(33,097) |
(33,045) |
(55,724) |
| Net (losses) / gains on investments |
11 |
|
43,206 |
43,206 |
(2,191) |
| NETINCOME/ (EXPENDITURE) BEFORE |
|
|
|
|
|
| OTHER RECOGNISED GAINS AND LOSSES |
|
52 |
10,109 |
10,161 |
(57,915) |
| NET MOVEMENT IN FUNDS |
|
52 |
10,109 |
10,161 |
(57,915) |
| RECONCILIATION OF FUNDS: |
|
|
|
|
|
| Total funds brought forward |
|
73,075 |
1,476,489 |
1,549,564 |
1,607,479 |
| TOTAL FUNDS CARRIED FORWARD |
|
73,127 |
1,486,598 |
1,559,725 |
1,549,564 |
|
|
2021 |
2020 |
|
Note |
£ |
£ |
| FIXED ASSETS |
|
|
|
| • Tangible assets |
10 |
545,423 |
558,254 |
| Investments |
11 |
283,554 |
240,348 |
|
|
828,977 |
798,602 |
| CURRENT ASSETS |
|
|
|
| Stocks |
12 |
10,280 |
12,493 |
| Debtors |
13 |
21,414 |
34,640 |
| Investments |
14 |
714,720 |
242,527 |
| Cash at bank and in hand |
|
54,156 |
532,627 |
|
|
800,570 |
822,287 |
| CREDITORS: amounts falling due within |
|
|
|
| one year |
15 |
(69,822) |
(71,325) |
| NET CURRENT ASSETS |
|
730,748 |
750,962 |
| TOTAL ASSETS LESS CURRENT UABIUTIES |
|
1,559,725 |
1,549,564 |
| CREDITORS: amounts falling due after |
|
|
|
| morethan one year |
|
|
|
| NET ASSETS |
|
1,559,725 |
1,549,564 |
| CHARITY FUNDS |
|
|
|
| Restricted funds |
17 |
73,126 |
73,075 |
| Unrestricted funds |
17 |
1,486,599 |
1,476,489 |
| TOTAL FUNDS |
|
1,559,725 |
1,549,564 |
|
|
2021 |
2020 |
|
Note |
|
|
| Cash flows from operating activities |
|
|
|
| Net cash used in operating activities |
19 |
(8,517) |
(18,792) |
| Cash flows from investing activities: |
|
|
|
| Dividends, interest and rents from investments |
|
3,733 |
13,049 |
| Purchase of tangible fixed assets |
|
(1,494) |
(48,659) |
| Net cash (used in)/provided by investing activities |
|
2,239 |
(35,610) |
| Change in cash and cash equivalents in the year |
|
(6,278) |
(54,402) |
| Cash and cash equivalents brought forward |
|
775,154 |
829,556 |
| Cash and cash equivalents carried forward |
20 |
768,876 |
775,154 |
| ME FROM DONATIONS AND LEGACIES |
|
|
|
|
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
E |
E |
E |
E |
| Membership subscriptions |
895 |
42,832 |
43,727 |
40,179 |
| HOYS fund |
|
|
|
395 |
| General donations |
|
109 |
109 |
79 |
| Gift Aid |
|
3,710 |
3,710 |
3,847 |
| Shows and events |
|
4,340 |
4,340 |
− |
| Total donations and legacies |
895 |
50,991 |
51,886 |
44,500 |
| Total 2020 |
1,115 |
43,385 |
44,500 |
|
| STMENT INCOME |
|
|
|
|
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
f |
f |
E |
| Investment income |
320 |
3,413 |
3,733 |
13,049 |
| Total 2020 |
632 |
12,417 |
13,049 |
|
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Public relations and marketing |
|
7,050 |
7,050 |
8,527 |
| Stud book and registration |
|
96,814 |
96,814 |
78,608 |
| Shows and events |
9,819 |
55,225 |
65,044 |
615 |
|
9,819 |
159,089 |
168,908 |
87,750 |
| Total 2020 |
|
87,750 |
87,750 |
|
| EXPENDITURE BY CHARITABLE ACTIVITY |
|
|
|
|
|
Restricted |
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Public relations and marketing |
82 |
59,076 |
59,158 |
59,985 |
| Stud book and registration |
− |
111,365 |
111,365 |
109,883 |
| Shows and events |
10,900 |
68,113 |
79,013 |
26,290 |
| Governance costs |
|
9,660 |
9,660 |
9,915 |
| Total |
10,982 |
248,214 |
259,196 |
206,073 |
| Included within the figures above are the following suppo |
rt costs. |
|
|
2021 |
2020 |
| Staff costs |
77,483 |
87,483 |
| Printing, postage and telephone |
12,933 |
6,797 |
| Depreciation |
3,876 |
2,641 |
| Legal and professional |
8,839 |
8,945 |
| Office costs |
8,515 |
9,015 |
| Computer support |
12,201 |
10,828 |
| Travel, training and conferences |
67 |
628 |
| Welfare fund |
|
500 |
| Other costs |
4,412 |
2,723 |
| Total support costs |
128,325 |
129,560 |
|
2021 |
2020 |
|
£ |
£ |
| Public relations and marketing |
28,874 |
29,151 |
| Stud book and registration |
76,995 |
77,736 |
| Shows and events |
16,041 |
16,195 |
| Governance |
6,416 |
6,478 |
| Total |
128,326 |
129,560 |
| GOVERNANCE COSTS |
|
|
|
Total |
Total |
|
funds |
funds |
|
2021 |
2020 |
|
£ |
£ |
| Independent Examiner's fees |
3,100 |
3,100 |
| Annual General Meeting |
|
100 |
| Council travel |
144 |
237 |
| Support costs |
6,416 |
6,478 |
|
9,660 |
9,915 |
|
2021 |
|
2020 |
|
|
|
£ |
|
£ |
| Income from donations and legacies |
|
|
|
|
| Membership subscriptions |
43,727 |
|
39,679 |
|
| Gift Aid |
3,710 |
|
3,847 |
|
|
|
47,437 |
|
43,526 |
| Income from charitable activities |
|
|
|
|
| Arab Horse Society News |
6,617 |
|
8,002 |
|
| Promotions |
433 |
|
525 |
|
|
|
7,050 |
|
8,527 |
| Expenditure |
|
|
|
|
| Membership costs |
12,899 |
|
14,222 |
|
| Arab Horse Society News (including postage) |
17,025 |
|
16,455 |
|
| Promotion |
360 |
|
157 |
|
| Support costs |
28,874 |
|
29,151 |
|
| Total expenditure |
|
59,158 |
|
59,985 |
| Net surplus / (deficit) |
|
(4,670) |
|
(7,932) |
|
2021 |
|
2020 |
|
| Income from charitable activities |
|
|
|
|
| Registration fees (incl. DNAtesting) |
41,108 |
|
32,755 |
|
| Exports and imports |
24,874 |
|
15,317 |
|
| Transfer fees |
15,325 |
|
14,574 |
|
| Breed entries and licences |
6,844 |
|
6,952 |
|
| Duplicate certificates |
2,007 |
|
2,316 |
|
| Bloodtyping and DNA analysis |
975 |
|
550 |
|
| Stud books |
1,243 |
|
1,585 |
|
| Microchips |
143 |
|
442 |
|
| Other income |
4,295 |
|
4,117 |
|
| Total income |
|
96,814 |
|
78,608 |
| Expenditure |
|
|
|
|
| Bloodtyping and DNA fees |
11,453 |
|
10,640 |
|
| Printing, postage and stationery |
7,880 |
|
6,144 |
|
| Stud book |
268 |
|
364 |
|
| Premium scheme costs |
500 |
|
367 |
|
| WAHO fees |
1,346 |
|
1,406 |
|
| Subscriptions, conference and meeting fees |
1,534 |
|
727 |
|
| Travel expenses |
74 |
|
|
|
| Microchips |
1,680 |
|
1,353 |
|
| Other costs |
9,635 |
|
11,145 |
|
| Support costs |
76,995 |
|
77,736 |
|
| Total expenditure |
|
111,365 |
|
109,882 |
| Net surplus / (deficit) |
|
(14,551) |
|
(31,274) |
|
2021 |
|
2020 |
|
| Income from donations and legacies |
|
|
|
|
| Donations −AHS National Show |
|
4,340 |
|
|
| Income from charitable activities |
|
|
|
|
| AHS National Show |
43,214 |
|
433 |
|
| BACS |
8,773 |
|
|
|
| Other activities |
1,647 |
|
182 |
|
| HOYS Fund |
9,820 |
|
|
|
| Judges and training |
1,591 |
|
|
|
|
|
65,044 |
|
615 |
| Expenditure |
|
|
|
|
| AHS National Show |
40,585 |
|
3,774 |
|
| BACS |
7,110 |
|
96 |
|
| Judges and training |
1,743 |
|
40 |
|
| Other activities |
13,534 |
|
6,184 |
|
| Support costs |
16,041 |
|
16,195 |
|
| Total expenditure |
|
79,013 |
|
26,289 |
| Net surplus / (deficit) |
|
(9,629) |
|
(25,674) |
|
2021 |
|
2020 |
|
|
|
|
|
£ |
| Income from donations and legacies |
|
|
|
|
| Donations −AHS National Show |
|
4,340 |
|
|
| Income from charitable activities |
|
|
|
|
| Entries |
12,625 |
|
433 |
|
| Stabling |
21,129 |
|
|
|
| Sponsorship |
5,164 |
|
|
|
| Show supporters |
750 |
|
|
|
| Trade stands |
930 |
|
|
|
| Catalogue sales and advertising |
2,254 |
|
|
|
| Other show income |
361 |
|
|
|
|
|
43,214 |
|
433 |
| Expenditure |
|
|
|
|
| Showground hire |
10,105 |
|
|
|
| Grandstand hire and PA equipment |
319 |
|
|
|
| Sponsors Tent |
500 |
|
|
|
| Stewards and DCs (lodging, food & expenses) |
6,008 |
|
304 |
|
| Judges (lodging, food & expenses) |
4,842 |
|
|
|
| Staff |
5,000 |
|
2,500 |
|
| Show Director fees and expenses |
|
|
|
|
| Printing and postage (schedule & catalogue) |
944 |
|
20 |
|
| Rosettes |
3,724 |
|
28 |
|
| Affiliation fees and subscriptions |
630 |
|
|
|
| Security |
3,548 |
|
|
|
| Medical cover |
1,100 |
|
|
|
| Trade stands |
400 |
|
|
|
| Insurance |
1,883 |
|
|
|
| Other expenses |
1,582 |
|
922 |
|
| Total expenditure |
|
40,585 |
|
3,774 |
| Net surplus / (deficit) |
|
6,969 |
|
(3,341) |
NETINCOME/(EXPENDITURE)
This is stated after charging: |
|
|
|
2021 |
2020 |
| Depreciation o f tangible fixed assets: |
|
|
| −owned by the charity |
14,325 |
15,515 |
| Independent Examiner's fees |
3,100 |
3,100 |
STAFF COSTS
Staff costs were as follows: |
|
|
|
2021 |
2020 |
| Wages and salaries |
61,998 |
73,026 |
| Social security costs |
17,547 |
17,280 |
| Other pension costs |
2,938 |
2,177 |
|
82,483 |
92,483 |
|
2021 |
|
2020 |
|
|
No. |
|
No. |
|
| Stud book |
|
3 |
|
4 |
| Administration and support |
|
1 |
|
1 |
|
|
4 |
|
5 |
| TANGIBLE FIXED ASSETS |
|
|
|
|
|
|
|
|
|
Office |
|
|
Weatherbys |
|
Freehold |
Property |
**equipment ** |
& |
Computer |
bespoke |
|
property |
improvements |
trophies |
|
equipment |
systems |
| Cost |
|
|
|
|
|
|
| At 1 January 2021 |
297,746 |
11,762 |
55,204 |
|
174,629 |
325,533 |
| Additions |
− |
|
|
− |
1,494 |
− |
| At 31 December 2021 |
297,746 |
11,762 |
55,204 |
|
176,123 |
325,533 |
| Depreciation |
|
|
|
|
|
|
| At 1 January 2021 |
|
2,532 |
52,849 |
|
171,730 |
79,509 |
| Charge for the year |
|
− |
295 |
|
1,179 |
12,851 |
| At 31 December 2021 |
|
2,532 |
53,144 |
|
172,909 |
92,360 |
| Net book value |
|
|
|
|
|
|
| At 31 December 2021 |
297,746 |
9,230 |
2,060 |
|
3,214 |
233,173 |
| At 31 December 2020 |
297,746 |
9,230 |
2,355 |
|
2,899 |
246,024 |
|
|
|
|
|
|
Total |
| Cost |
|
|
|
|
|
|
| At 1 January 2021 |
|
|
|
|
|
864,874 |
| Additions |
|
|
|
|
|
1,494 |
| At 31 December 2021 |
|
|
|
|
|
866,368 |
| Depreciation |
|
|
|
|
|
|
| At 1 January 2021 |
|
|
|
|
|
306,620 |
| Charge for the year |
|
|
|
|
|
14,325 |
| At 31 December 2021 |
|
|
|
|
|
320,945 |
| Net book value |
|
|
|
|
|
|
| At 31 December 2021 |
|
|
|
|
|
545,423 |
| At 31 December 2020 |
|
|
|
|
|
558,255 |
| **11 ** |
FIXED ASSET INVESTMENTS |
|
|
|
|
|
Listed |
|
|
|
securities |
|
|
|
£ |
|
Market value |
|
|
|
At 1 January 2021 |
|
240,348 |
|
Revaluations |
|
43,206 |
|
At 31 December 2021 |
|
283,554 |
|
Listed securities at market value comprise |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
CCLA Charity investment fund |
165,007 |
140,771 |
|
M&G Securities |
118,547 |
99,577 |
|
|
283,554 |
240,348 |
| **12 ** |
STOCKS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Promotions and general publications |
470 |
710 |
|
Publications −news and books |
2,772 |
2,797 |
|
Publications −stud book |
2,278 |
2,546 |
|
Microchips |
4,760 |
6,440 |
|
|
10,280 |
12,493 |
| **13 ** |
DEBTORS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Trade debtors |
68 |
473 |
|
VAT |
8,425 |
17,033 |
|
Prepayments and accrued income |
12,921 |
17,134 |
|
|
21,414 |
34,640 |
| **14 ** |
CURRENT ASSET INVESTMENTS |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Investments |
714,720 |
242,527 |
| CREDITORS: Amounts falling due within one year |
|
|
|
2021 |
2020 |
| Bank loans and overdrafts |
|
951 |
| Trade creditors |
54,428 |
52,820 |
| Other creditors |
1,257 |
5,174 |
| Accruals |
11,497 |
8,335 |
| Deferred income |
2,640 |
4,045 |
|
69,822 |
71,325 |
| DEFERRED INCOME |
|
|
|
2021 |
2020 |
| Balance b/f |
4,045 |
3,304 |
| Income released in the year |
(4,045) |
(3,304) |
| Deferred income received −memberships and other fees |
1,320 |
2,725 |
| Trophy deposits |
1,320 |
1,320 |
| Total |
2,640 |
4,045 |
|
Balance at |
|
|
|
|
Balance at |
|
1 January |
|
|
|
Gains / |
31 December |
|
2021 |
Income |
Expenditure |
|
(Losses) |
2021 |
| Designated funds |
|
|
|
|
|
|
| Property fund |
297,746 |
− |
|
|
|
297,746 |
| The Lady Willingdon Bequest |
65,703 |
329 |
|
|
|
66,032 |
| The Lady Miranda Emmet Fund |
4,268 |
21 |
|
|
− |
4,289 |
| Patricia Lindsay Bequest |
19,918 |
99 |
|
|
|
20,017 |
| Norman Laurens Bequest |
33,939 |
169 |
|
|
|
34,108 |
| Trophies −insurance claim |
4,685 |
|
|
− |
|
4,685 |
|
426,259 |
618 |
|
|
|
426,877 |
| General funds |
|
|
|
|
|
|
| General funds |
1,050,230 |
214,500 |
(248,214) |
|
43,206 |
1,059,722 |
| Total Unrestricted funds |
1,476,489 |
215,118 |
(248,214) |
|
43,206 |
1,486,599 |
| Restricted funds |
Balance at |
|
|
|
|
Balance at |
|
1 January |
|
|
|
Gains / |
31 December |
|
2021 |
Income |
Expenditure |
|
(Losses) |
2021 |
|
£ |
£ |
£ |
|
£ |
£ |
| HOYS Fund |
9,101 |
9,819 |
(10,900) |
|
− |
8,020 |
| The Mary Russell Fund |
62,173 |
310 |
|
(82) |
− |
62,401 |
| Welfare Fund |
1,801 |
904 |
|
− |
− |
2,705 |
|
73,075 |
11,033 |
(10,982) |
|
|
73,126 |
| Total o f funds |
1,549,564 |
226,151 |
(259,196) |
|
43,206 |
1,559,725 |
|
Balance at |
|
|
|
Balance at |
|
1 January |
|
|
Gains / |
31 December |
|
2020 |
Income |
Expenditure |
(Losses) |
2020 |
| 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 |
£ |
£ |
£ |
f |
| 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 o f funds |
1,607,479 |
145,299 |
(201,023) |
(2,191) |
1,549,564 |
|
Balance at |
|
|
|
Balance at |
|
1 January |
|
|
Gains! |
31 December |
|
2021 |
Income |
Expenditure |
(Losses) |
2021 |
|
E |
f |
f |
f |
f |
| Designated funds |
426,259 |
618 |
|
|
426,877 |
| General funds |
1,050,230 |
214,500 |
(248,214) |
43,206 |
1,059,722 |
|
1,476,489 |
215,118 |
(248,214) |
43,206 |
1,486,599 |
| Restricted funds |
73,075 |
11,033 |
(10,982) |
− |
73,126 |
|
1,549,564 |
226,151 |
(259,196) |
43,206 |
1,559,725 |
| SUMMARY OF FUNDS −PRIOR 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 |
0 |
− |
426,259 |
| General funds |
1,110,618 |
142,326 |
(200,523) |
(2,191) |
1,050,230 |
|
1,535,651 |
143,552 |
(200,523) |
(2,191) |
1,476,489 |
| Restricted funds |
71,828 |
1,747 |
(500) |
|
73,075 |
|
1,607,479 |
145,299 |
(201,023) |
(2,191) |
1,549,564 |
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
f |
f |
f |
| Tangible fixed assets |
− |
545,423 |
545,423 |
| Fixed asset investments |
− |
283,554 |
283,554 |
| Current assets |
73,126 |
727,444 |
800,570 |
| Creditors due within one year |
|
(69,822) |
(69,822) |
|
73,126 |
1,486,598 |
1,559,725 |
| **ANALYSIS OF NET ASSETS BETWEEN FUNDS − ** |
PRIOR YEAR |
|
|
|
Restricted |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
|
£ |
£ |
£ |
| 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 |
|
2021 |
2020 |
| Net income/(expenditure) for the year (as per Statement of Financial |
|
|
| Activities) |
10,161 |
(57,915) |
| Adjustment for: |
|
|
| Depreciation charges |
14,325 |
12,983 |
| Losses / (gains) on investments |
(43,206) |
2,191 |
| Dividends, interest and rents from investments |
(3,733) |
(13,049) |
| (Increase) / decrease in stocks |
2,213 |
(2,576) |
| Decrease / (increase) in debtors |
13,226 |
(1,486) |
| (Decrease) / increase in creditors |
(1,503) |
41,060 |
| Net cash used in operating activities |
(8,517) |
(18,792) |
| ANALYSIS OF CASH AND CASH EQUIVALENTS |
|
|
|
2021 |
2020 |
| Current asset investments |
714,720 |
242,527 |
| Cash at bank |
54,156 |
532,627 |
| Total |
768,876 |
775,154 |