||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)|