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2021-12-31-accounts

Stallions licensed and listed in 2021- 24
Breeding Mares 81
Foals born in 2021-
Fillies 18
Colts 20
Total UK Population 482

Unrestricted Restricted Endowment 2021 2020
Notes Funds Funds Funds Total Total
INCOME & ENDOWMENTS
Membership
Subscriptions		 22,254 22,254 19,077
Donations 24,733 73,500 98,233 57,486
Legacies 108,333 108,333 107,805
Trading Activites 19,627 19,627 13,575
Investment
Income		 26,064 3,214 29,278 23,404
Total Income 201,011 76,714 277,725 221,347
EXPENDITURE
Raising Funds 6,273 6,273 30,141
Grants 26,532 26,532 30,139
Charitable
Activities		 117,462 18,914 136,376 106,247
Total Expenditure 123,735 45,446 169,181 166,527
Net income and net movements in funds
before gains and losses on investments 77,276 31,268 108,544 54,820
Net gains on Investments 125,091 7,515 132,606 4,512
Net income and net movement in funds 202,367 31,268 7,515 241,150 59,332
RECONCILIATION OF FUNDS
Total Funds brought forward 974,172 20,270 56,200 1,050,642 991,310
at 1 January 2021
Total Funds carried forward 1,176,539 51,538 63,715 1,291,792 1,050,642
at 31 December 2021

Unrestricted Restricted Restricted Endowment 2021 2020
Notes Funds Funds Funds Total Total
FIXEDASSETS
Heritage Assets 8 60,960 60,960 60,960
Tangible Assets 9 1,402 1,402 1,895
Investments 10 995,779 63,715 1,059,494 826,337
1,058,141 63,715 1,121,856 889,192
CURRENT ASSETS
Stocks 11 27,200 27,200 13,853
Debtors 12 15,368 181 15,549 19,459
Investments 13 73,000 77,774 150,774 75,000
Cash at Bank 30,054 (1,757) 28,297 80,610
145,622 76,198 221,820 188,922
CURRENT LIABILITIES
Creditors: Amounts falling due within one year 14 (27,224) (24,660) (51,884) (27,472)
NET CURRENT ASSETS 118,398 51,538 169,936 161,450
TOTAL ASSETS LESSCURRENT LIABILITIES 1,176,539 51,538 63,715 1,291,792 1,050,642
NET ASSETS 1,176,539 51,538 63,715 1,291,792 1,050,642
FUNDS OF THE CHARITY
Unrestricted
Funds:
General
Fund		 1,176,539 974,172
Restricted
Funds:
Breeding
Fund		 51,538 20,270
Endowment
Fund:
Breeding Appeal Fund 63,715 56,200
Total charity Funds 15 1,291,792 1,050,642

4.Other Trading Activities 4.Other Trading Activities 4.Other Trading Activities 2021 2020
Income from Events 10,705 1,978
Sale of Promotional Items 5,118 7,135
Advertising
Income		 0 734
Other Income (Including semen sales) 3,804 3,728
19,627 13,575
5.Investment
Income
2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
Dividend
Income		 25,803 3,030 28,833 19,962 2,241 22,203
Interest Received 261 184 445 1,174 27 1,201
26,064 3,214 29,278 21,136 2,268 23,404
6.Raising Funds 2021 2020
Direct fundraising
costs		 592
Costs of Membership 9,720 6,741
Promotion
and Furtherance		 2,524 11,459
Breeding Costs (13,565) 4,319
Expenditure
on Events		 4,048 2,160
Promotional
Items		 3,546 4,870
6,273 30,141
7.Charitable
Activities
Employment
Costs		 67,287 64,681
Office Costs 26,927 20,775
Sundries 2,950 1,253
Depreciation
ofTangible		 Assets 1,117 631
Bank Charges 1,323 1,320
Accountancy,
Legal		 and Professional fees 17,858 17,587
117,462 106,247
Restricted Funds-
Semen Collection Costs 15,478
Frozen Semen storage costs 1,210
Mare Breeding Sub Fertility 500
Stallion Licensing Expenses 1,726
136,376 106,247

Forthe year ended 31 D ecem ber 2021
8.Heritage Assets 2021 2020
These consist of25 paintings valued by John Day in September 2017
Market Value at 1st January and 31 December 2021 60,960 60,960
Net Book Value at 31st December 2021 and 2020 60,960 60,960
9.Tangible
Fixed Assets		 2021 2020
Fixtures and Fixtures and
Fittings Fittings
Cost
At 1stJanuary 2021 14,017 24,335
Additions
On Disposals		 624 ~10,318
At 31st December 2021 14,641 14,017
Depreciation
At 1st January 2021 12,122 21,809
Charge for the year
On Disposals		 1,117 631
~10,318
At 31st December 2021 13,239 12,122
Net Book Value
At 31st December 2021 1,402 1,895
At 31st December 2020 1,895 2,526
Depreciation
is provided		 at 25% on a reducing annual balance.
10.Investments
Listed Investments-
Unrestricted Endowment Total Total
Funds Fund 2021 2020
Cost or Valuation-
At 1st January 2021 770,137 56,200 826,337 728,762
Purchases 152,498 152,498 93,063
Sales (51,947) (51,947)
Fair Value Movements 125,091 7,515 132,606 4,512
At 31st December 2021 995,779 63,715 1,059,494 826,337
All investments
shown above		 are held at valuation.
11.Stocks
2021 2020
Semen 25,746 12,180
Merchandise 1,454 1,673
27,200 13,853
Stocks are valued at the lower ofcost and net realisable value.
12.Debtors
2021 2020
Trade Debtors 39 6,150
Prepayments
and accrued income		 15,229 7,229
Other debtors 281 6,080
15,549 19,459

Forthe year ended
13.Investments		 3 1 December 2021 2021 2020
Short-Term
deposits		 150,774 75,000
14.Creditors: Amounts falling due within one year
2021 2020
Trade Creditors 27,530 11,141
Social security and other taxes 632 461
Pension
Liabilities		 159 314
Accruals and Deferred Income 23,563 15,556
51,884 27,472

15.Total Charity Fun ds
At Income Expenditure
01/01/2021
Unrestricted Fund 974,172 201,011 123,735
Restricted Fund 20,270 76,714 45,446
Endowment Fund 56,200
1,050,642 277,725 169,181
At Income Expenditure
01/01/2020
Unrestricted Fund 913,251 186,480 136,388
Restricted Fund 15,541 34,867 30,139
Endowment Fund 62,518
991,310 221,347 166,527

Analysi s of Net Ass ets
Unrestricted Restricted Endowment Total Total
Funds Funds Funds 2021 2020
Heritage Assets 60,960 60,960 60,960
Tangible Assets 1,402 1,402 1,895
Investments 995,779 63,715 1,059,494 826,337
Current Assets 145,622 76,198 221,820 188,922
Current Liabilities (27,224) (24,660) (51,884) (27,472)
1,176,539 51,538 63,715 1,291,792 1,050,642

During the year, the charity made gran
ofthe charity:		 ts to the following
perso		 ns who ar
2021 2020
Mr J Fleming 200 775
Mr FA Kinge 1215 945
Mr G W Paul 505 100
Clare Countess of Euston 70
Mr G Pratt 520 855
Mrs A Hoskins 880 1,045
Mr N Syrett 660
SWager 425
J Groom 460
J Turner 275