2020-12-31-accounts

	Page
Strategic Report	1 to	2
Trustees' Report	8 to	6
Independent Examiner's Report
Statement ofFinancial Activities
Statement of Financial Position	9 to	10
Notes tothe Financial Statements	11 to	16
Detailed Statement of Financial Activities	17 to	18

				2020	2019
				Unrestricted
				fund	Total funds
			Notes	f	f
Income and endowments	from
Donations and legacies				14,573	16,639
Charitable activities
Breed promotion and other charitable		activities		23,903	23,516
Maintenance ofherd book	and administration				80
Other trading activities				7,940	8,976
Investment income				428	571
Total				46,844	49,782
Expenditure on
Raising funds				886	2,407
Chaditable activities
Breed promotion and other charitable		activities		9,963	18,918
Maintenance ofherd book	and administration			29,587	29,918
Total				40,436	51,243
Net gains/(losses) on investments				(1,077)	428
NET INCOME/(EXPENDITURE)				5,331	(1,033)
Reconciliation offunds
Total funds brought forward				147,937	148,970
Total funds carried forward				153,268	147,937

			Statement ofFinancial Position
			31December 2020
				2020	2019
				Unrestdicted
				fund	Total funds
			Notes	f	f
Fixed assets
Tangible assets				4,683	5,063
Investments				1,535	2,612
				6,218	7,675
Current assets
Stocks			10	6,481	6,374
Debtors			11	2,151	2,234
Investments			12	90,672	90,244
Cash at bank				48,757	42,853
				148,061	141,705
Creditors
Amounts falling due within one year			13	(1,011)	(1,443)
Net current	assets			147,050	140,262
Total assets	less current	liabilities		153,268	147,937
NET ASSETS				153,268	147,937
Funds			14
Unrestricted	funds			153268	147 937
Total funds				153,268	147,937

2.	Other trading	activities
					2020	2019
					E	E
	Income from	social functions		and adverts	6,349	8,577
	Merchandise	sales			1,591	399
					7,940	8,976
3.	Investment income
					2020	2019
					6	6
	Dividends received					137
	Deposit account interest				428	434
					428	571
4.	Net income/(expenditure)
	Net income/(expenditure)		is	stated after charging/(crediting):
					2020	2019
					E	6
	Depreciation	-owned assets			380	417
	Independent	reviewer			550	550

Comparatives for the state	ment offin	ancial activities
			Unrestricted
			fundf
Income and endowments	from
Donations and legacies			16,639
Charitable activities
Breed promotion and other charitable		activities	23,516
Maintenance ofherd book	and administration		80
Other trading activities			8,976
investment income			571
Total			49,782
Expenditure on
Raising funds			2,407
Charitable activities
Breed promotion and other charitable		activities	18,918
Maintenance ofherd book	and administration		29,918
Total			51,243
Net gains on investments			428
NET INCOME/(EXPENDITURE)			(1,033)
Reconciliation offunds
Total funds brought forward			148,970
Total funds cardied forward			147,937

8.	Tangible fixed assets
					Fixtures
				Office	and
			Pavilion f	equipment f	fittings f	Totals
	Cost
	At 1January 2020 and 31	December 2020	9,677	9,594	749	20,020
	Depreciation
	At 1January 2020		6,204	8,129	624	14,957
	Charge for year		139	229	12	380
	At 31December 2020		6,343	8,358	636	15,337
	Net book value
	At 31December 2020		3,334	1,236	113	4,683
	At 31December 2019		3,473	1,465	125	5,063
9.	Fixed asset investments
						Listed
						investments
						f
	Market value
	At 1January 2020					2,612
	Revaluations					(1077)
	At31December 2020					1,535
	Net book value
	At31December 2020					1,535
	At31December 2019					2,612
	There were no investment	assets outside the UK.
10.	Stocks
					2020f	2019 f
	Stocks				6,481	6,374

11.	Debtors: amounts	Debtors: amounts	Debtors: amounts	falling due within one year	falling due within one year	falling due within one year
									2020	2019
									f	f
	Other debtors								1,471	1,289
	Prepayments								680	945
									2,151	2,234
12.	Current asset	investments
									2020	2019
									f	f
	Cash investments								9D,672	90,244
13.	Creditors: amounts			falling due within one year
									2020	2019
									f	f
	Other creditors								811	1p063
	Accruals and	deferred			income				200	380
									1,011
14.	Movement in		funds
									Net
									movement	At
								At 1/1/20	in funds	31/12/20
								f	f	f
	Unrestricted	funds
	General fund							147,937	5,331	153,268
	TOTAL FUNDS							147,937	5,331	153,268
	Net movement		in funds, included			in the above are	as follows:
							incoming	Resources	Gains and	Movement
							resources f	expended f	lossesf	in fundsf
	Unrestricted	funds
	General fund						46,844	(40,436)	(1,077)	5,331
	TOTALFUNDS						46,844	(40,436)	(1,077)	5,331

Comparatives	for movem	ent	in funds
									Net
									movement	At
							At 1/1/19f		in fundsf	31/12/19f
Unrestricted	funds
General fund								148,970	(1,033)	147,937
TOTALFUNDS								148,970	(1,033)	147,937
Comparative	net movement		in funds, included	in the above are as follows:
					Incoming		Resources		Gains and	Movement
					resources E		expendedf		lossesf	in fundsf
Unrestricted	funds
General fund					49,782			(51,243)	428	(1,033)
TOTAL FUNDS					49,782			(51,243)	428	(1,033)
A current year 12 months		and prior year 12months			combined	position	is as follows:
									Net
									movement	At
							At	1/1/19 f	in funds E	31/12/20f
Unrestricted	funds
General fund								148,970	4,298	153,268
TOTAL FUNDS								148,970	4,298	153,268

A current ye follows:	ar 12 months and prior	year 12 months combined net	movement in fu	nds, included in	the above are
		Incoming	Resources	Gains and	Movement
		resourcesf	expendedf	lasses f	in funds f
Unrestricted	funds
General fund		96,626	(91,679)	(649)	4,298
TOTAL FUNDS		96,626	(91,679)	(649)	4,298

					2020	2019
					E	E
Income and endowments
Donations and legacies
Donations					800	1,132
Giff aid					1,473	1,290
Grants						2,000
Subscriptions					12,300	12,217
					14,573	16,639
Other trading activities
Income from social functions		and adverts			6,349	8,577
Merchandise sales					1,591	399
						8,976
Investment income
Dividends received						137
Deposit account interest						434
					428	571
Charitable activities
Herd book					20,300	18,715
Prefixes					130	80
Transfer fees					2,380	2,419
Entrance fees					1,093	2,382
					23,903	23,596
Total incoming resources					46,$44	49,782
Expenditure
Raising donations and legacies
Members meetings						2,407
Charitable activities
Wages and salaries					23,820	23,455
Insurance					1,011	999
Telephone					$21	671
Postage and stationery					1,494	1,875
Sundries					7	47
Sale of semen					576	2,279
Herd book costs					1,344	1,597
Breed promotion					7,749	15,042
Subscriptions to national	organisations				329	351
Carried forward					37,151	46,316
			This page does not form part ofthe statutory	financial statement

				2020	2019
				E	E
Charitable activities
8rought forward				37,151	46,316
Computer costs				927	1,093
Depreciation - Pavilion				139	145
Depreciation -Office	equipment			229	259
Depreciation - Fixtures		and	fittings	12	14
				38,458	47,827
Support costs
Governance costs
Pension costs					138
Independent reviewer		fee		550	550
Accountancy fees				415	315
Premises costs				127	6
				1,092	1,009
Totalresources expended				40,436	51,243
Net Income/(expenditure)			before gains and losses	6,408	(1,461)
Realised recognised	gains and losses
Realised gains/(losses)		on fixed asset investments		(1,077)	428
Net income/(expenditure)				5,331	(1,033)