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|CONTENTS|Page|
|TRUSTEE'S ANNUAL REPORT|1-6|
|INDEPENDENT
EXAMINERS REPORT||
|STATEMENT OF FINANCIAL ACTIVITIES||
|BALANCE SHEET||
|NOTES TO THE FINANCIAL STATEMENTS|10-16|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||Total|Total|
|||Note|2021|2020|
|INCOME|||||
|Activities for generating|funds - investment||100,758|349,165|
|Activities for charitable|objectives- rental||38,027|40,763|
|Donation
income|||2,938|3,238|
|Wayleaves||||300|
|Investment
income|||239|231|
|TOTAL INCOME|||141,962|393,697|
|EXPENDITURE|||||
|Total expenditure
from all activities|||81,844|506,537|
|NET INCOME/(EXPENDITURE)
BEFORE|||||
|GAINS AND LOSSES ON|INVESTMENTS||60,118|(112,840)|
|TOTAL FUNDS BROUGHT FORWARD|||45,858|158,698|
|TOTAL FUNDS CARRIED|FORWARD||8 105,976|645,858|
|THE BUCHANAN
T|RUST||||
|---|---|---|---|---|
|BALANCE SHEET|||||
|31 March 2021|||||
|FIXEDASSETS||Note|2021
6|2020f|
|Intangible
fixed assets (unrestricted)||||22,874|
|Tangible fixed assets|(unrestricted)||35,455|39,075|
|Investment
property|(restricted)||350,771|350,771|
|Tangible fixed assets|(restricted)||952,953|562,659|
||||1,339,179|975,379|
|CURRENT ASSETS|||||
|CAF Gold account|||225,930|494,715|
|CAF Current account|||107|6,119|
|Knight Frank Barclays account|||60,862|72,691|
|Debtors||6|42,219|10,390|
||||329,118|583,915|
|CREDITORS - due within one year||9|(128,245)|(79,360)|
|NET CURRENT ASSETS|||200,873|504,555|
|TOTAL ASSETS LESS|||||
|CURRENT LIABILITIES|||f 1,540,052|6 1,479,934|
|FUNDS|||||
|Restricted
funds||10|1,434,076|1,434,076|
|Unrestricted
funds||10|105,976|45,858|
||||61,540,052|61,479,934|
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|||2020/21|2020/21|2020/21|2019/20|
|---|---|---|---|---|---|
|||Charitable|Generating|||
|||objectives|funds|Total|Total|
|||expenses|expensesf|expenses
E|expenses
8|
|Direct Charitable||||||
|Expenditure||||||
|Farming
expenditure|(note 4)||||305,561|
|Wages and salaries||9,830||9,830|49,848|
|Contracting|||3,978|3,978|23,729|
|Council tax||984|523|1,507|3,789|
|Light and heat||956|346|1,302|1,527|
|Repairs and maintenance||21,850|7,195|29,045|60,504|
|Water charges|||||2,480|
|Telephone||501||501|1,079|
|Motor and tractor expenses
Other fees||429|48|477|11,156
417|
|Website and office costs||1,967|219|2,186|2,227|
|Bank charges||58|6|64|60|
|insurance||3,989|443|4,432|6,514|
|Accountancy||3,483|387|3,870|2,692|
|Governance
Legal fees||1,895
1,710|211
9,662|2,106
11,372|5,297
27,420|
|Licences and subscriptions||749|83|832|665|
|Bad debts|||1,509|1,509||
|Depreciation||3,257|362|3,619|4,014|
|(Proffit)/loss
on disposal offixed asset
(Profit)/loss
on disposal of intangible||asset|(480)
5,694|(480)
5,694|(2,442)|
|||51,658|30,186|81,844|506,537|
|Farming
income||2021|2020|
|---|---|---|---|
|||E||
|Cattle sales|||276,361|
|Wool|||273|
|Hay and straw||5,500|1,043|
|Grasskeep|||3,958|
|Countryside
stewardship|scheme|7,147|10,123|
|Basic payment
scheme||341|26,648|
|||12,988|318,406|
|Farming expenditure||2021f|2020|
|Opening
stock|||213,744|
|Cattle purchases|||48,040|
|Commissions
payable|||6,739|
|Feed|||17,933|
|Fertiliser and spray|||7,327|
|Veterinary
and medicines|||5,649|
|Haulage|||3,678|
|Arable crop sundries|||1,364|
|Livestock sundries|||1,087|
||||305,561|
|Gross profit/(loss)||12,988|12,845|
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||Entitlements|
|---|---|
|Cost|8|
|As at 1 April 2020|22,874|
|Disposals|(22,874)|
|As at 31 March 2021||
|Net book value||
|As at 31 March 2021||
|As at 31 March 2020|22,874|
|6
Fixed Assets —Capital Unrestricted|Fund|||
|---|---|---|---|
||Office|Plant and|Total|
||equipment|machinery||
|||6||
|Cost||||
|As at 1 April 2020|1,462|49,603|51,065|
|Additions||||
|Disposals||||
|As at 31 March 2021|1,462|49,603|51,065|
|Depreciation||||
|As at 1 April 2020|653|11,337|11,990|
|Charge|162|3,458|3,620|
|Eliminated
on disposal||||
|As at 31 March 2021|815|14,795|15,610|
|Net book value||||
|As at 31 March 2021|647|34,808|35,455|
|As at 31 March 2020|809|38,266|39,075|
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|8|Debtors - due within one year||2021|2020|
|---|---|---|---|---|
||(Unrestricted)||||
||Debtors||3,679|10,090|
||The Buchanan Trustee Company|Ltd|540||
||Prepayments|||300|
||Accrued income||38,000||
||||F42,219|610,390|
|9|Creditors
-due within one year||2021|2020|
||(Unrestricted)||||
||Creditors||71,551|39,790|
||Accruals||2,000|2,000|
||Deferred income||37,909|36,909|
||VAT||16,785|661|
||||6128,245|679,360|
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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||2021|2021|2021|2020|
|||||6||
|Opening|Balance|1 434,076|45,858|1,479,934|1,592,774|
|Gains on|Disposal of Fixed Assets|||||
|Unrealised
Gains/ Losses on Fixed||Asset||||
|Revaluation||||||
|Transfer|re Capital Works|||||
|Surplus/|(Deficit) for Year||60,118|60,118|(112,840)|
|Fund Balance Carried Forward||1,434,076|105,976|1,540,052|1,479,934|
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