2020-12-31-accounts - The Dartmoor Livestock Protection Society

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		Pages
Trustees' Annual Report
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes tothe Accounts		Bto9
Detailed Statement ofFinancial Activities		10to 11

forthe year	ended 31Decem	ber 2020
			Unrestricted
			funds	Total funds	Total funds
			2020	2020	2019
		Notes	E	6	E
Income and	endowments
from:
Donations	and legacies		7,648	7,648	9,880
Investments			24,478	24,478	22,740
Total			32,126	32,126	32,620
Expenditure	on:
Charitable	Activities		21,613	21,613	22,165
Other			8,901	8,901	10,885
Total			30,514	30,514	33,050
Net (losses)/gains on			(32,947)	(32,947)	44,491
investments
Net (expenditure)/income			(31,335)	(31,335)	44,061
Transfers between funds
Net (expenditure)/income before other gains/(losses)			(31,335)	(31,335)	44,061
Other gains	and losses
Net movement in funds			(31,335)	(31,335)	44,061
Reconciliation offunds:
Total funds brought forward			625,308	625,308	581,247
Total funds carried forward			593,973	593,973	625,308

at 31December 20	at 31December 20	20
Charity No. 234747				2020	2019
				6	6
Fixed assets
Intangible assets			8	494,862	612,033
				494,862	612,033
Current assets
Cash at bank and		in hand		102,635	17,159
				102,635	17,159
Creditors: Amount	falling due within one year		9	(3,524)	(3,884)
Net current assets				99,111	13,275
Total assets less current liabilities				593,973	625,308
Net assets excluding		pension asset or liability		593,973	625,308
Total net assets				593,973	625,308
The funds ofthe charity
Restricted funds			10
Unrestricted funds			10
General funds				558,868	557,256
				558,868	557,256
Reserves			10
Revaluation reserve				35,105	68,052
				35,105	68,052
Total funds				593,973	625,308

last year and no chan	last year and no chan	last year and no chan	last year and no chan	ges have been made to accounts for previous years.
Fund accounting
Unrestricted		funds		These are available for use at the discretion ofthe trustees		in furtherance			of	the
				general objects ofthe charity.
Designated		funds		These are unrestricted funds earmarked by the trustees	for particular		purposes.
Revaluation		funds		These are unrestricted funds which include a revaluation	reserve representing					the
				restatement of investment assets at their market values.
Restricted	funds			These are available for use subject to restrictions imposed		by the donor		or	through
				terms ofan appeal.
Income
Recognition		of		Income is included in the Statement of FinancialActivities		(SoFA) when	the		charity
income				becomes entitled to, and virtually certain to receive, the	income and the			amount of
				the income can be measured with sufficien reliability.
Income with		related		Where income has related expenditure the income and	related expenditure					is
expenditure				reported gross in the SoFA.
Donations	and			Voluntary income received by way of grants, donations and gifts is included					in the
legacies				the SoFA when receivable and only when the Charity has		unconditional
				entitlement to the income.
Tax reclaims		on		Income from tax reclaims is included in the SoFAat the same time as the
donations	and		gifts	gift/donation to which it relates.
Donated services				These are only included in income (with an equivalent amount in expenditure)
and facilities				where the benefit to the Charity is reasonably quantifiable,		measurable		and
				material.
Volunteer	help			The value of any volunteer help received is not included	in	the accounts.
Investment		income		This is included in the accounts when receivable.
Gains/(losses)			on	This includes any gain or loss resulting from revaluing investments to market						value
revaluation		of	fixed	at the end ofthe year.
assets
Gains/(losses)			on	This includes any gain or loss on the sale of investments.
investment		assets

s to the Acc	ounts
Expenditure
Recognition	of	Expenditure is recognised on an accruals basis. Expenditure includes any VAT
expenditure		which cannot be fully recovered, and	is reported as part ofthe expenditure to
		which it relates.
Expenditure	on	These comprise the costs associated	with attracting voluntary income, fundraising
raising funds		trading costs and investment management costs.
Expenditure	on	These comprise the costs incurred by	the Charity in the delivery ofits activities and
charitable activities		services in the furtherance of its objects, including the making of		grants and
		governance costs.
Grants payable		All grant expenditure is accounted for on an actual paid basis plus		an accrual for
		grants that have been approved by the trustees at the end ofthe		year but not yet
		paid.
Governance	costs	These include those costs associated	with meeting the constitutional and statutory
		requirements ofthe Charity, including	any audit/independent examination fees,
		costs linked tothe strategic management ofthe Charity, together		with a share of
		other administration costs.
Other expenditure		These are support costs not allocated	to a particular activity.

2	Stateme	n	t	of Financial	Activities - prior year
							Unrestricted
							funds	Total funds
							2019	2019
Income and		endowments			from:
	Donations			and legacies			9,880	9,880
	Investments						22,740	22,740
Total							32,620	32,620
Expenditure			on:
	Charitable			Activities			22,165	22,165
	Other						10,885	10,885
Total							33,050	33,050
Net	gains on		investments				44,491	44,491
Net	income						44 061	44,061
Net	income	before other					44,061	44,061
gains/(losses)
Other gains		and losses:
Net	movement			in funds			44,061	44,061
Reconciliation				offunds:
Total funds		brought forward					581,247	581,247
Total funds		carried forward					625,308	625,308
3	Income	from donations			and legacies
						Unrestricted	Total
							2020	2019
							E
	Donations					4,183	4,183	6,920
	Grants							1,955
	Legacies					3,000	3,000	246
	Sundry	—fund raising				465	465	759
						7,648	7,648	9,880
4	Income	from investments
						Unrestricted	Total	Total
							2020	2019
	NSiB interest					976	976	886
	Raymond		James			23,502	23,502	21,854
						24,478	24,478	22,740

5	Expenditure on charita	ble activities
			Unrestricted	Total	Total
				2020	2019
	Ponies, Sheep Ik Cattle		5,363	5,363	4,385
	Livestock Protection Officer		14,000	14,000	14,000
	Livestock Protection Officer		2,250	2,250	3,100
	expenses
	Sundry - fund raising				680
			21,613	21,613	22,165
6	Other expenditure
			Unrestricted	Total	Total
				2020	2019
	General administrative	costs	8,301	8,301	10,195
	Legal and professional	costs	600	600	690
			8,901	8,901	10,885

				Investments	Total
	Cost
	At 1January 2020			494,862	494,862
	At 31December 2020			494,862	494,862
	Net book values
	At 31December 2020			494,862	494,862
	At 31December 2019			494,862	494,862
9	Creditors:
	amounts falling due within one year
			2020		2019
			E		E
	Accruals and deferred	income	3,524		3,884
			3,524		3,884

						At 31
				Incoming	Resources	December
			At 1January	resources	expended	2020
			2020
Restricted funds:
Unrestricted	funds:
General funds			557,256	32,126	(30,514)	558,868
Revaluation	Reserves:
Revaluation	fund		68,052	(32,947)		35,105
Total revaluation		reserves	68,052	(32,947)		35,105
Total funds			625,308	(821)	(30,514)	593,973

11	Analysis ofne	t assets between funds
				Unrestricted
					Total
				funds
				6	6
	Fixed assets			494,862	494,862
	Net current assets			99,111	99,111
				593,973	593,973
12	Reconciliation	of net debt
					At31
			At 1January		December
			2020	Cash flows	2020
				6	6
	Cash and cash	equivalents	17,159	85,476	102,635
			17,159	85,476	102,635
	Borrowings
	Net debt		17,159	85,476	102,635

forthe year ended 3	1D		ecember 2020
				Unrestricted
				funds	Total funds	Total funds
				2020	2020	2019
					E	E
Income and endowments			from:
Donations and legacies
Donations				4,183	4,183	6,920
Grants						1,955
Legacies				3,000	3,000	246
Sundry - fund raising				465	465	759
				7,648	7,648	9,880
Investments
NSiB interest				976	976	886
Raymond James				23,502	23,502	21,854
				24,478	24 478	22 740
Total income and endowments				32,126	32,126	32,620
Expenditure on:
Ponies, Sheep &Cattle				5,363	5,363	4,385
Livestock Protection	Officer			14,000	14,000	14,000
Livestock Protection	Officer expenses			2,250	2,250	3,100
Sundry - fund raising						680
				21,613	21,613	22,165
				21,613	21,613	22,165
Total ofexpenditure	on		raising funds
General administrative			costs
Treasurer's Honorarium				1,600	1,600	1,510
Secretary's Honorarium						900
Raymond James fees				5,390	5,390	5,245
Printing, Postage &Stationary				243	243	1,300
Travel				275	275	202
Donations				330	330	144
Advertising				463	463	894
				8,301	8,301	10,195
Legal and professional		costs
Accountancy				600	600	690
				600	600	690
Total ofexpenditure	of	other costs		8,901	8,901	10,885
Total expenditure				30,514	30,514	33,050
Net gains on investments				(32,947)	(32,947)	44,491
Net (expenditure)/income				(31,335)	(31,335)	44,061

The Dartmoor Livestock Protection Society	The Dartmoor Livestock Protection Society
Detailed Statement ofFinancial Activities
Net (expenditure)/income gains/(losses)	before other	(31,335)	(31,335)	44,061
Other Gains
Net movement in funds		(31,335)	(31,335)	44,061
Reconciliation offunds:
Total funds brought forward		625,308	625,308	581,247
Total funds carried forward		593,973	593,973	625,308