2022-12-31-accounts

				Page
Trustees' annual report
Independent auditor's	report to	the members
Statement of financial	activities
Statement offinancial	position			10
Statement of cash flows
Notes to the financial	statements			12
The following pages	do not form part ofthe financial statements
Detailed statement offinancial		activities		20
Notes to the detailed	statement	offinancial	activities	21

			Y	Y	ear ended 31 De	cember 2	cember 2	02	2
The trustees	present	their	report		and the financial	statements		of	the	charity	for the year	ended
31 December	2022.
Reference and administrative				details
Registered	charity name				The Bluefaced Leicester Sheep			Breeders Association
Charity registration		number			252714
Principal offic					Riverside View
					Warwick Road
					Carlisle
					Cumbria
					CA1 2BS
The trustees
					Mr W R C Lamont
					Mr M Roberts
					Mr J German
					Mrs K Smith
					Mr M Ridley
					Mr E Owen
					Mr C Stephenson
Auditor					Lamont Pridmore
					Chartered accountants		&statutory		auditor
					Arkle House
					31 Lonsdale Street
					Carlisle
					Cumbria
					CA1 1BJ

	Year ended	31 Decemb	er 2022	er 2022
			2022		2021
			Unrestricted
			funds	Total funds	Total funds
		Note			6
Income and endowments
Donations and legacies			902	902	426
Other trading activities			218,981	218,981	212,036
Investment income			1,668	1,668	1,717
Total income			221,551	221,551	214,179
Expenditure
Expenditure on charitable	activities	7,8	239,727	239,727	188,303
Total expenditure			239,727	239,727	188,303
Net (expenditure)/income	and net movement	in funds	(18,176)	(18,176)	25,876
Reconciliation offunds
Total funds brought forward			364,434	364,434	338,558
Total funds carried forward			346,258	346,258	364,434

			31 Decem	ber 202	2
					2022		2021
				Note			E
Fixed assets
Tangible fixed assets				13		3,759	4,568
Current assets
Stocks				14	550		850
Debtors				15	2,930		2,876
Cash at bank and in		hand			362,686		371,300
					366,166		375,026
Creditors: amounts		falling	due within one year	16	23,667		15,160
Net current	assets					342,499	359,866
Total assets	less current		liabilities			346,258	364,434
Funds ofthe charity
Unrestricted	funds					346,258	364,434
Total charity	funds			17		346,258	364,434

					2022	2021
						E
Cash flows from operating			activities
Net (expenditure)/income					(18,176)	25,876
Adjustments for:
Depreciation oftangible		fixed	assets		809	1,011
Other interest receivable		and	similar income		(1,668)	(1,717)
Interest payable	and similar charges				818	387
Changesin:
Stocks					300
Trade and other	debtors				(54)	9
Trade and other	creditors				8,507	245
Cash generated	from operations				(9,464)	25,811
Interest paid					(818)	(387)
Interest received					1,668	1,717
Net cash (used in)/from		operating activities			(8,614)	27,141
Net (decrease)/increase		in cash and cash		equivalents	(8,614)	27,141
Cash and cash	equivalents		at beginning	ofyear	371,300	344,159
Cash and cash	equivalents		at end ofyear		362,686	371,300

					Total Funds	Total Funds
					2022	2021
					6
	Donations
	Donations				902	426
5.	Other trading		activities
					Total Funds	Total Funds
					2022	2021
					6
	Sponsorship		receipts and sundries		9,502	6,102
	Subscriptions				35,711	35,725
	Sale entry fees				2,112	1,585
	Registration		fees		168,993	166,030
	Gift aid repayment				2,663	2,594
					218,981	212,036
6.	Investment	Income
					Total Funds	Total Funds
					2022	2021
					6	E
	Bank and building			society interest	1,668	1,717

Expenditur	e on charitable activitie	s by fund type
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2022 f	Funds f	2021 f.
Charitable	activity direct costs	140,561	140,561	102,835	102,835
Support costs		99,166	99,166	85,468	85,468
		239,727	239,727	188,303	188,303

					Activities
				undertaken		Support	Total funds		Total fund
					directly f	costs f		2022	2021 f.
	Charitable activity direct costs				140,561	39,829		180,390	136,035
	Governance	costs				59,337		59,337	52,269
					140,561	99,166		239,727	188,304
9.	Net (expenditure)/income
	Net (expenditure)/income is stated after			charging/(crediting):
								2022	2021
									f.
	Depreciation	oftangible fixed assets						809	1,011
10.	Auditors remuneration
								2022	2021
								f.	f.
	Fees payable	for the audit ofthe	financial statements					2,445	2,330
11.	Staff costs
	The total staff	costs and employee	benefits for the reporting			period are	analysed as follows:
								2022 f	2021 f.
	Wages and salaries							47,055	43,556
	The average	head count of employees		during	the year was	2 (2021:2).
	No employee	received employee	benefits of		more than f60,000 during		the	year (2021:Nil).

13.	Tangible fixed	ass	ets
				Fixtures and
				fittings	Equipment	Total
					E	6
	Cost
	At 1 January	2022	and 31 December 2022	7,164	7,749	14,913
	Depreciation
	Ai1 January 2022			6,957	3,388	10,345
	Charge for the	year		41	768	609
	At 31 December 2022			6,998	4,156	11,154
	Carrying amount
	At 31 December 2022			166	3,593	3,759
	At 31 December 2021			207	4,361	4,568
14.	Stocks
					2022 f	2021 6
	Raw materials	and	consumables		550	850
15.	Debtors
					2022	2021
					6	E
	Trade debtors				2,930	2,876
16.	Creditors: amounts		falling due within one year
					2022	2021
					6	6
	Other creditors				23,667	15,160

		1	January			31	December
			2022 6	Income 6	Expenditure f		2022 6
General	funds		364,434	221,551	(239,727)		346,258
		1	January			31	December
			2021	Income	Expenditure		2021
			6	E	F
General	funds		338,558	214,179	(188,303)		364,434

	At		At
1	Jan 2022	Cash flows	31 Dec 2022
		E
	371,300	(8,614)	362,686

			Year ended 31 Decemb	er 2022
				2022	2021
				8	F
Income and endowments
Donations and legacies
Donations				902	426
Other trading activities
Sponsorship receipts and sundries				9,502	6,102
Subscriptions				35,711	35,725
Sale enter fees				2,112	1,585
Registration fees				168,993	166,030
Gift aid repayment				2,663	2,594
				218,981	212,036
Investment income
Bank and building	society interest			1,668	1,717
Total income				221,551	214,179
Expenditure
Expenditure on charitable			activities
Purchases				51,032	47,794
Wages and salaries				47,055	43,556
Rent				10,100	10,590
Rates and water				84	383
Repairs and maintenance				1,561	1,616
Insurance				3,922	2,965
Other establishment				3,063	3,131
Other motor/travel	costs			5,417	935
Legal and professional fees				10,652	6,465
Telephone				15,682	13,579
Other office costs				18,769	21,927
Depreciation				812	1,010
Other interest payable and			similar charges	818	387
Donations, sponsorship		and	sundries	8,485	2,551
Breed development	and	promotion		50,332	20,472
Sales costs				11,943	10,942
				239,727	188,303
Total expenditure				239,727	186,303
Net (expenditure)/income				(18,176)	25,876

					2022 f	2021
Expenditure on charitable activities
Activity type 1
Actlvltles undertaken directly
Purchases (as adjusted for stock)					51,032	47,794
Printing, stationery	and advertising				18,769	21,927
Donations, sponsorship &sundry		expenses			8,485	1,700
Breed development	and promotion				50,332	20,472
Sales costs					11,943	10,942
					140,561	102,835
Support costs
Rent					10,100	10,590
Rates &water					84	383
Repairs & maintenance					1,561	1,616
Insurance					3,922	2,965
Computer and website expenses					3,063	3,131
Motor and travel costs					5,417	935
Postage and telephone					15,682	13,579
					39,829	33,199
Governance costs
Governance costs-	wages/salaries				47,055	43,556
Governance costs-	accountancy	fees			2,700	2,575
Governance costs-	audit fees				2,445	2,330
Governance costs-	legal and other professional			fees	2,065	1,560
Governance costs-	costs oftrustees'		meetings		3,442	851
Governance costs-	depreciation				812	1,010
Governance costs-	other finance	costs			818	387
					59,337	52,269
Expenditure on charitable activities					239,727	188,303