2020-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details	Reference and Administrative Details	I to 2
Trustees' Report			3 to II
Independent Examiner's		Report
Statement ofFinancial		Activities	IO to 11
Balance Sheet			12
Notes to the Financial	Statements		13to 32

				Reference and	Administrative	Administrative	Details
Company	Registration		Number	00035107
Charity Registration			Number	254166
Solicitors				Michelmores	LLP
				Woodwater	House
				Pynes Hill
				Exeter
				Devon
				EX2SWR
Bankers				Lloyds Bank PLC
				41Courtenay	Street
				Newton Abbot
				Devon
				TQ12 2QW
Independent		Examiner		Wortham Jaques Ltd
				Chartered Accountants		and Charity Advisers
				130aHigh Street
				Crediton
				Devon
				EX173LQ

Council attendance
JAndrew	A H Bartley	TBastard
A Brooks	EBunkum	RA Ford
REHadley	RV Hartshom	EG Hawkins
D L Irving 0Rounsevell	DNixey A Threlkeld	A LPascoe JTucker
JW Virgin	JWhite

				Unrestricted	Total
				funds	2020
			Note		f.
Income and Endowments		from:
Donations and legacies				33,679	33,679
Charitable activities				145,336	145,336
Other trading activities				12,539	12,539
Invesunent income				11,667	11,667
Total income				203,221	203,221
Expenditure on:
Raising funds Charitable activities				(8,862) 5197.5367	(8,862) ~797,536
Total expenditure				(206,398)	(206,398)
Gains/losses on investment		assets		4,955	4,955
Net income				1,778	1,778
Net movement in funds				1,778	1,778
Reconciliation offunds
Total funds bmught	forward			587,111	587,111
Total funds carried	forward		23	588,889	588,889

				Unrestricted	Total
				funds	2819
			Note		K
Income and Endowments		from:
Donations and legacies				36,119	36,119
Charitable activities				171,374	171,374
Other trading activities				40,198	40,198
Investment income				15,295	15,295
Total income				262,986	262,986
Expenditure on:
Raising funds Charitable activities				(21,110) c49,50c	(21,110) ~249,5tlt
Total expenditure				(270,618)	(270,618)
Gains/losses on investment		assets		62,987	62,987
Net income				55,355	55,355
Net movement in funds				55,355	55,355
Reconciliation offunds
Total funds brought	forward			531,756	531,756
Total funds carried	forward		23	587,111	587,111

				2020	2019
			Note		8
Fixed assets
Tangible assets			15	32,247	33,506
Investments			16	479,381	479,334
				511,628	512840
Curreat assets
Stocks			17	3,094	3,579
Debtors			18	53,022	53,552
Cash atbank	and in hand		19	65,354	62,057
				121,470	119,188
Creditors: Amounts		falling due within one year	20	~i44.2D9	(44,917)
Net current	assets			77,261	74,271
Net assets				588,889	587,111
Funds ofthe	charity:
Unrestricted	income	funds
Unrestricted	funds			588,889	587,111
Total funds			23	588,889	587,111

residual value, o	ver their expected useful economi	c life as follows:
Asset class		Depreciation	method	and rate
Show equipment	and trophies	10%reducing	balance
Office equipment		20%reducing	balance
Computer equipment		20%reducing	balance

		Unrestricted
		funds	Total
		General	funds
			0
Donations	and legacies;
Donations from individuals		904	904
Regular giving and capital donations		32.775	32775
Total for	2020	33,679	33,679
Total for	2019	36,119	36,119

	Unrestricted
	funds	Total
	General	funds
	t	g
Members' services	142,899	142,899
Breed development	2,437	2,437
Total for 2020	145,336	145,336
Total for 2019	171,374	171,374

			Unrestricted	funds	Total
			Designated	General	funds
Trading incotne;
Sales ofgoods	and services			1,444	1,444
Other trading	income			9,160	9,160
Lotteries and competitions		income	968	967	1 935
Total for 2020			968	11,571	12,539
Total for 2019			2,872	37,326	40,198

6 Investment income
		Unrestricted
		funds	Total
		General	funds
Incotne from dividends;
Dividends receivable	from other listed investments	11,301	11,301
Interest receivable and	similar income;
Interest receivable on bank deposits		116	116
Interest receivable on other loans		250	250
Total for 2020		11,667	11,667
Total for 2019		15,295	15,295

Allocated	support costs
Total for	2020
Total for	2019

8 Expend	iture on charitable activities
			Unrestricted
			funds	Total
			General	funds
		Note
Members'	services		44,550	44,550
Breed development			12,042	12,042
Breed promotion			5,530	5,530
Staffcosts			89,343	89,343
Allocated	support costs		33,693	33,693
Governance	costs		12,378	12,378
Total for 2020			197,536	197,536
Total for 2019			249,508	249,508
		Activity
		undertaken	Activity	Total
		directly	support costs	expenditure
Members'	services	44,550	96,257	140,807
Breed development		12,042	11,444	23,486
Breed promotion		5,530	15,335	20,865
Total for	2020	62,122	123,036	185,158
Total for	2019	101,669	133,005	234,674

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					Unrestricted
					funds	Total
					General	funds
						0
Staff costs
Wages and salaries					6,376	6,376
Social security costs					372	372
Pension costs					160	160
Other staff costs					21	21
Independent examiner		fees
Examination of	the financial			stateinents	2,700	2,700
Legal fees					35	35
Other governance	costs				1,439	1,439
Allocated support	costs				1,275	1,275
Total for 2020					12,378	12,378
Total for 2019					14,834	14,834
10 Net incoming/outgoing			resources
Net outgoing resources		for	the	year include:
					2020	2019
						K
Other non-audit services					2,700	1,950
Depreciation offixed assets					1,259	1,512

12 Staffcosts The aggregate payroll costs were as follows:
	2020	2019
	8
Staff costs during the year were:
Wages and salaries	90,878	92,527
Social security costs	5,017	6,222
Pension costs	2,167	2,026
Other staff costs	677	697
	98,739	101,472

2020	2019
No	No

13 Independent	13 Independent	examiner's	remuneration
				2020	2019
				8	g
Examination	of	the financial	statements	2,700	1,950

15 Tangible fixed assets
				Trophies aad
	Furniture	and	Computer	show
	equipment		equipment	equipment	Total
	g		g		g
Cost
At 1 January 2020	13,909		22,177	33,208	69,294
At 31December 2020	13,909		22,177	33,208	69294
Depreciation
At 1 January 2020	13,716		18,281	3,791	35,788
Charge for the year		39	778	442	1,259
At 31December 2020	13,755		19,059	4,233	37,047
Net book value
At 31December 2020		154	3,118	28,975	32,247
At 31December 2019		193	3,896	29,417	33,506

Other investments
		Cash	deposits
	Listed	and unlisted
	investments	investments		Total
	8		8
Cost or Valuation
At 1 January 2020	467,624		11,710	479,334
Revaluation	21,563			21,563
Additions Disposals	94,980 (118414)	112,936 ~(112928		207,916 ~229432
At 31December 2020	465,753		13,628	479,381
Net book value
At 31December 2020	465,753		13,628	479,381
At 31December 2019	467,624		11,710	479,334
17 Stock
		2020		2019
		8
Stocks			3,094	3,579

18 Debtors
			2020	2019
				g
Trade debtors			42,562	35,889
Prepayments			4,429	4,265
Other debtors			6,031	13,398
			53,022	53,552
Debtors includes I2,997	(2019:f2,997)receivable atter more than one year.
19 Cash and cash equivaleats
			2020	2019
			8	g
Cash on hand			503	938
Cash atbank			64,851	61,119
			65,354	62,057
20 Creditors: amounts	falling due within one year
			2020	2019
			g
Trade creditors			23,673	22,577
Other taxation and social	security		8,030	6,064
Other creditors			5,365	11,108
Accruals			3,571	3,388
Deferred income			3,570	1,780
			44,209	44,917
			2020	2019
				g
Deferred income at I January 2020			1,780	2,090
Resources deferred in the period			2,100
Amounts released from previous		periods	(310)	(310)
Deferred income at year	end		3,570	1,780

23 Funds
							Balance at
			Balance at I			Other	31
			January	Incoming	Resources	recognised	December
			2020	resources	expended	gains/(losses)	2020
			8			8	8
Unrestricted		funds
General
Unrestricted		funds	523,907	202,253	(206,398)	4,955	524,717
Designated
National	show		9,984	968			10,952
Genomic	predictor		53,220				53,220
			63,204	968			64,172
Total funds			587,111	203,221	(206,398)	4,955	588,889

							Balance at
			Balance at I			Other	31
			January	Incoming	Resources	recognised	December
			2019	resources	expeaded	gains/(losses)	2019
				g
Unrestricted		funds
General
Unrestricted		funds	471,424	260,114	(270,618)	62,987	523,907
Designated
National	show		7,112	2,872			9,984
Genomic	predictor		53,220				53,220
			60,332	2872			63,204
Total funds			531.756	262.986	~27tl,638	62,987	587,111

24 Analysis ofnet assets between fund	s
			Total funds at
	Unrestricted	funds	31December
	General	Designated	2020
			K
Tangible fixed assets	32,247		32,247
Fixed asset investments	475,166		475,166
Current assets Current liabilities	58,495 ~44.209	60,332	118,827 ~44 200
Total net assets	521,699	60,332	582,031

			Total funds at
	tinrestrtcted	funds	31December
	General	Designated	2019
	g	g
Tangible fixed assets	33,506		33,506
Fixed asset investments	479,334		479,334
Current assets Current liabilities	58,856 ~u, 017		119,188 (44,917)
Total net assets	526,779	60,332	587,111