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|---|---|---|---|---|
|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|
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||||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||||||||
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||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|
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||||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|
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||||||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|
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||||||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|
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|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|
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||||||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).||
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|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|
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|||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|
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||||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|
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||||||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|