2020-12-31-accounts - Chillingham Wild Cattle Association Ltd

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Trustees				Prof. Stephen J.G. Hall	MA PhD (Chairman)
				Michael Hutchinson MA	(Cantab) MRAC MFH
				(Vice-chairman)
				Sandra Mansell MBCS
				Chris Mullin LIB
				Jim Railton BSc
				Sir Humphry Wakefield	Bt. MA (Cantab) FRGS
				Charles Bain-Smith RIBA CA
				Louis Fell MRICS
				Terence Pardoe SDA MIAgrM
Patrons				Philip Deakin MBE MA FRSA		(Deceased 29 October 2020)
				Lord Vinson DL LVO FRSA
				John Fletcher PhD BVM&S FRCVS
				Andrew W. Shepherd BScCAATII
Secretary				GWA CoSec Ltd
Charity	number			221071
Company		number		00351689
Registered			office	The Warden's Cottage
				Chilling ham
				Alnwick
				NE66 5NP
Independent			examiner	Stuart Faed BSc(Hons)	CA DipPFS
				17Walkergate
				Berwick-upon-Tweed
				Northumberland
				TD15 1DJ
Bankers				Barclays Plc
Solicitors				Adam Douglas and Sons
				Market Place
				Alnwick

			Page
Trustees' report			1-4
Independent examiner's		report
Statement offinancial	activities		6-7
Balance sheet			8-9
Notes to the financial	statements		10-24

				Unrestricted	Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds	funds	2020	2019
				general	desig nated
		Notes		E		E	E
Income and endowments			from:
Donations and
legacies				17,474		4,942		22,416	21,744
Income from
charitable activities				14,691	91			14,782	28,544
Other trading
activities				1,455				1,455	12,031
Investments				5,070				5,070	7,237
Other income				95,962				95,962	80,777
Total income				134,652	91	4,942		139,685	150,333
Ex enditure on:
Raising funds				1,914				1,914	3,715
Charitable activities		9		88,825		5,911		94,736	103,943
Forestry
expenditure		12		1,477				1,477	2,022
Total resources
expended				92,216		5,911		98,127	109,680
Net gains/(losses)
on investments		13			14,868			14,868	32,505
Net incoming/
(outgoing)
resources before
transfers				42,436	14,959	(969)		56,426	73,158
Gross transfers
between funds				(3,528)		3,528
Net movement	in funds			38,908	14,959	2,559		56,426	73,158
Fund balances at 1
January 2020				112,312	234,604	75,711	345,178	767,805	694,647
Fund balances	at
31 December 2020				151,220	249,563	78,270	345,178	824,231	767,805

				2020		2019
			Notes
Fixed assets
Tangible assets			14		423,528		426,840
Investments			15		274,431		257,069
					697,959		683,909
Current assets
Stocks			16	5,113		8,113
Debtors			17	41,272		40,409
Cash at bank and	in	hand		153,695		108,431
				200,080		156,953
Creditors: amounts		falling due within	18
one year				(73,259)		(72,508)
Net current assets					126,821		84,445
Total assets less	current liabilities				824,780		768,354
Deferred income			19		(549)		(549)
Net assets					824,231		767,805
Capital funds
Endowment funds			20		345,178		345,178
Income funds
Restricted funds			21		78,270		75,711
Unrestricted funds
Designated funds			22	249,553		234,604
General unrestricted		funds	23	151,230		112,312
					400,783		346,916
					824,231		767,805

Donations	and legacies
		Unrestricted	Restricted	Total	Total
		funds	funds	2020	2019
		general
		f.	E
Donations	and gifts	15,523	4,859	20,382	17,972
Subscriptions		1,951	83	2,034	3,772
		17,474	4,942	22,416	21,744
Forthe year ended 31 December 2019		18,161	3,583		21,744

Income from	charitable activities
		Unrestricted	Unrestricted	Total	Total
		funds	funds	2020	2019
		general f	designated f
Visitor fees		14,171		14,171	23,477
Book sales			91	91	1,124
Sale of leaflets, mugs etc.		520		520	3,083
Other income					860
		14,691	91	14782	28,544
For the year	ended 31 December 2019
Unrestricted	funds - general	27,420
Unrestricted	funds - designated		1,124
		27,420	1,124

2020	2019
1,455	12,031

		2020	2019
		E	E
Rental	income	250	250
Income	from U.K. listed investments	4,783	6,819
Interest	receivable	37	168
		5,070	7,237

		2020 E	2019f
Forestry income			749
Other income			22
R.P.A. receipts		37,130	46,530
Covid-19 Grants		26,567
Basic payment	scheme	32,265	33,476
		95,962	80,777

		Unrestricted	Total
		funds
		general
		2020	2019
		f	E
Anniversary	dinner costs		2,120
Investment	management	1,914	1,595
		1,914	3,715

			Charitable	Staff costs	Depreciation	Total	Total
			activities			2020	2019
			F			f
Staff costs				31,525		31,525	25,210
Depreciation and impairment					18,402	18,402	16,944
Bandstand - professional		fees	2,556			2,556
Work done			16,415			16,415	13,200
Feeding stuffs			3,000			3,000	1,993
Repairs and cleaning			2,212			2,212	6,436
Book purchases			3,443			3,443	3,327
Printing, stationery, postage and
telephone			724			724	5,847
Advertising and marketing			3,901			3,901	4,978
A.G.M. lunches							446
General administration	expenses		1,368			1,368	808
Bank charges			793			793	1,068
Accountancy			3,313			3,313	4,667
Fundraising costs			80			80
Motor expenses			3,520			3,520	2,798
Professional fees			2,938			2,938	1,598
Goods for resale			546			546	14,623
			44,809	31,525	18,402	94,736	103,943
			Charitable	Staff costs	Depreciation	Total	Total
			activities			2020	2019
						F
Analysis by fund
Unrestricted funds - general			42,253	31,525	15,047	88,825
Restricted funds			2,556		3,355	5,911
			44,809	31,525	18,402	94,736
For the year ended 31	December 2019
Unrestricted funds - general			61,789	25,210	14,536		102,119
Restricted funds					1,824		1,824
			61,789	25,210	16,360		103,943

The aver	age monthly	number ofemployees during the year	was:
			2020	2019
			Number	Number
Full time	(with reduced	winter hours)
Part-time	(during open	season)
Employment costs			2020f	2019 F
Wages and salaries			31,525	25,210

			2020	2019
Repairs	and	maintenance	1,477	2,022
			1,477	2,022

			Unrestricted	Total
			funds
			designated
			2020	2019
Revaluation	of	investments	6,868	31,050
Gain/(loss)	on	sale of investments	8,000	1,455
			14,868	32,505

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15	Fixed asset inve	stme	nts
				Unlisted	Cash in	Total
				investmentsf	portfolio E
	Cost or valuation
	At 1 January 2020			246,718	10,351	257,069
	Additions			83,679		83,679
	Valuation changes			14,960		14,960
	Disposals			(81,170)	(107)	(81,277)
	At 31 December 2020			264,187	10,244	274,431
	Carrying amount
	At 31 December 2020			264,187	10,244	274,431
	At 31 December 2019			246,718	10,351	257,069
16	Stocks
					2020	2019
					F
	Raw materials and consumables				5,113	8,113
	Stock includes goods		for resale f5,113(2019E5,113)and hay ENil (2019E3,000).
17	Debtors
	Amounts falling	due	within	one year:	2020f	2019 F
	Other debtors				40,808	40,036
	Prepayments and	accrued income			464	373
					41,272	40,409
18	Creditors: amounts		falling	due within one year
					2020	2019
	Trade creditors				5,185	5,723
	Violet Tankerville	Charitable		Trust Fund Loan	65,000	65,000
	Accruals and deferred		income		3,074	1,785
					73,259	72,508

			2020	2019
			E	F
Other	deferred	income	549	549

					Balance	at 1	Balance at
					January	2020	31 December 2020
Permanent	endowments
Park Purchase		and Improvement	Appeal	Fund	345,178		345,178

				Movement	Movement	in funds
			Balance at	Total Incoming		Total	Transfer	Balance at
			1January 2020	Resources	Resources		Between	31 December
					Expended		Funds	2020
			f'			E	E
Life Membership		Fund	34,081	83				34,164
Education	and Staff Costs Fund		29,958					29,958
Bandstand	Fund		11,672	4,859		(5,911)	3,528	14,148
			75,711	4,942		(5,911)	3,528	78,270

					Movement
					in funds
				Balance at	Incoming	Balance at
			1	January 2020	resources	31 December
						2020
Chillingham	Book	Project		9,205	91	9,296
Development	Fund			225,399	14,868	240,267
				234,604	14,959	249,563

							Movement in funds	Movement in funds
					Balance at	1	Total	Total	Transfer	Balance at 31
					January		Incoming	Resources	Between	December
					2020 E		Resources E	Expended f	Funds f	2020 F
General	(8	lan	Bennet)	Revenue
Reserve					112,312		134,662	(92,216)	(3,528)	151,230

Analysis of	net assets	between funds
		Unrestricted	Designated	Restricted	Endowment	Total	Total
		Funds	Funds	Funds	Funds
		2020	2020	2020	2020	2020	2019
		F				E	F
Fund balances at
31 December
2020 are
represented	by:
Tangible assets		68,284		10,066	345,178	423,528	426,840
Investments			274,431			274,431	257,069
Current assets/
(liabilities)		84,034	(25,417)	68,204		126,821	84,445
Provisions and
deferred income		(1,098)	549			(549)	(549)
		151,220	249,563	78,270	345,178	824,231	767,805

					2020		2019
					E		E
Donations and	legacies
Donations (unrestricted)				15,523		15,972
Subscription s				1,951		2,189
Donations (restricted		funds)		4,859		2,000
Life member subscriptions				83		1,583
					22,416		21,744
Incoming resources		from charitable	activities
Visitors fees				14,171		23,477
Sale of leaflets,	mugs	etc.		520		3,083
Food and drink	sales					860
Book sales				91		1,124
					14,782		28,544
Other trading activities
Anniversary dinner					1,455		12,031
Investment income
Rent received				250		250
Deposit account	interest			37		168
Dividends received				4,783		6,819
					5,070		7,237
Other incoming	resources
Forestry income						749
HLS income				37,130		9,307
Covid-19 Support Grants				26,567
Basic payment	scheme			32,265		33,476
Wayleave income						22
					95,962		43,554
Total incoming	resources				139,685		113,110

			2020		2019
Balance Brought Forward			139,685		113,110
Costs ofgenerating donations	and legacies
Anniversary dinner costs				2,120
Investment portfolio management	costs	1,914		1,595
			(1,914)		3,715
Charitable activities
Motor and travel expenses		3,520		2,798
Goods for resale		546		(2,760)
Work done		16,415		13,200
Feeding stuffs		3,000		1,993
Repairs and cleaning		2,212		6,436
Insurance		3,443		3,327
Printing, stationery, postage and	telephone	724		5,847
Advertising		3,901		4,978
A.G.M. lunches				446
General administration expenses		1,368		809
Bank charges		793		1,068
Accountancy		3,313		4,667
Professional fees (restricted)		2,556
Professional fees (unrestricted)		2,938		1,598
			(44,729)		(42,809)
Staff costs
Wages			(31,525)		(25,210)
Depreciation
Basic payment entitlements				550
Property improvements		11,621		12,737
IT Equipment		433		409
Loss on disposal offixed assets				840
Motor vehicles		3,355		1,824
Plant and machinery depreciation		2,993		584
			(15,409)		(16,360)
Forestry
Repairs and maintenance			(1,477)		(2,022)
Net gains on investments
Revaluation of investments		6,868		31,050
Gain or loss on sale of investments		8,000		1,455
			14,868		32,505
Surplus forthe Year			56,506		53,317