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|Reference|and administration|and administration|and administration|information|information|||||
|---|---|---|---|---|---|---|---|---|---|
|Charity name:|||||The British Simmental
Cattle Society Limited.|||||
|Charity registration||number:|||264090|||||
|Company|registration||number:||0985570|||||
|Registered|office and operational||||The National
Agricultural||Centre|||
|address:|||||Stoneleigh
Park|||||
||||||Kenilworth|||||
||||||Warwickshire|||||
||||||CVB 2LG|||||
|Delegated|Management:||||I Kerr|||||
|Council Members:|||||W 5Stronach (President)|||||
||||||AN Robson (Vice President)|||||
||||||C Martindale
(Chairman of|||Finance)||
||||||M Durno (Chairman|ofShows 8 Sales North)||||
||||||KThomas (Chairman|of Shows|||&Sales South)|
||||||1Boyd (WSFF Representative:||||Re-appointed)|
||||||BWynter|||||
||||||RStorer Smith|||||
||||||A Ivory|||||
||||||DJones|||||
||||||A Clarke|||||
||||||J Barlow (Appointed|18/10/21)||||
||||||I Willison (Appointed|18/10/21)||||
||||||J Moore (Resigned 18/10/21)|||||
||||||M Barlow (Resigned|18/10/21)||||
||||||S Key (Resigned 18/10/21)|||||
|All council|members||are also trustees||and directors ofthe|charity.||||
|Accountants:|||||Burgis & Bullock Chartered|||Accountants||
||||||23-25Waterloo Place|||||
||||||Leamington
Spa|||||
||||||Warwickshire|||||
||||||CV32 SLA|||||
|Bankers:|||||Barclays Bank pic, Kent|||||
|Solicitors:|||||Wright Hassall, Leamington|||Spa||
##
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|||||THE BRITISH SIMMENTAL|THE BRITISH SIMMENTAL|THE BRITISH SIMMENTAL|CATTLE SOCIETY|CATTLE SOCIETY|LIMITED||
|---|---|---|---|---|---|---|---|---|---|---|
|STATEMENT OF|||FINANCIAL ACTIVITIES INCLUDING|||||INCOME AND|EXPENDITURE|ACCOUNT FOR|
||||||THE|YEAR ENDED 30JUNE 2022|||||
|||||||Notes||2022|2022|2021|
||||||||Unrestricted||Total|Tatal|
|||||||||g|6|f|
|Incoming resources|||||||||||
|Voluntary
income|||||||||||
|Members
subscriptions||||||||51,051|51,051|51,410|
|Gift aid||||||||7,276|7,276|7,613|
|Activities togenerate funds|||||||||||
|Commission
received||||||||29,773|29,773|15,280|
|Advertisements||||||||4,300|4,300||
|Publications||||||||17,476|17,476|20,275|
|Shows and demonstrations|||||||||||
|Promotional
goods||||||||333|333|666|
|Investment
income||||||||17,405|17,405|17,184|
|Administration
services||||||||9,209|9,209|11,007|
|Interest received||||||||||33|
|Charitable
activities|||||||||||
|Registrations
and ONA kits||||||||292,882|292,882|255,289|
|Transfers||||||||12,764|12,764|13,323|
|Bull levies||||||||16,816|16,816|18,838|
|ABRI —performance
recording||||||||34,560|34,560|35,390|
|Other incoming resources|||||||||||
|Sundry income||||||||92|92|512|
|Total incoming resources||||||||493,937|493,937|446,820|
|Resources expended|||||||||||
|Costs ofgenerating
funds|||||||||||
|Advertising
and breed promotion||||||||31,633|31,633|35,365|
|Advertising||||||||34,036|34,036|15,887|
|Shows and demonstrations||||||||41,989|41,989|8,046|
|Allocations to area clubs||||||||2,218|2,218|300|
|Promotional
goods||||||||2„704|2,704|6,448|
|Subscriptions
and conference fees||||||||1,183|1,183|1,211|
|Charitable
activities|||||||||||
|Technical developments|and website|||||||33,731|33,731|24,599|
|Administration
of registrations||||||||87,978|87,978|84,403|
|Bull levy payments||||||||12,154|12,154|12,243|
|Support costs|||||||||||
|Staff salaries, national
insurance|||and subcontractors'||fees|||136,351|136,351|143,141|
|Travel and expenses|||||||||||
|Computer
costs||||||||780|780|332|
|Office running
costs||||||||41,879|41,879|40,101|
|Building demolition
costs||||||||23,960|23,960||
|50th Anniversary
Costs||||||||||374|
|Accounting
and other professional||||charges||||14,834|14,834|14,177|
|Depreciation||||||||9,139|9,139|1,815|
|Governance
coats|||||||||||
|Independent
examination||||||||4,900|4,900|4,600|
|Council travel and expenses||||||||||2,415|
|Total resources expended||||||||479,469|479,469|395,457|
|Net incoming/outgoing|resources|||||||14,468|14,468|51,363|
|Gains / (losses) on investment||assets|||||||||
|Realised||||||||-5,308|-5,308|-2,514|
|Net income/(expenditure)|for|the||year||||9,160|9,160|48,849|
|Unrealised||||||||-71,169|-71,169|56,361|
|Net movements
in funds||||||||-62,009|-62,009|105,210|
|Transfer between
fund|||||||||||
|Total funds brought forward||||||||877,569|877,569|772,359|
|Total funds carried forward||||||||815,560|815,560|877,569|
||||Notes|2022|2022|2021|
|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Total|
|Incoming resources||||493,937|493,937|446,820|
|Resources expended||||479,469|479,469|395,457|
|Net incoming resources||||14,468|14,468|51,363|
|Gains / (losses) on|investment|assets|||||
|Realised||||-5,308|-5,308|-2,514|
|Unrealised||||-71,169|-71,169|56,361|
|Net movements
in|funds|||-62,009|-62,009|105,210|
|Transfer between|funds||||||
|Total funds brought forward||||877,569|877,569|772,359|
|Total funds carried|forward|||815,560|815,560|877,569|
|||||THE BRITISH SIMMENTAL|THE BRITISH SIMMENTAL|THE BRITISH SIMMENTAL|CATTLE SOCIETY|CATTLE SOCIETY|LIMITED||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|STATEMENT OF FINANCIAL ACTIVITIES INCLUDING||||||||INCOME AND|EXPENDITURE|ACCOUNT FOR|||
||||||THE|YEAR ENDED 30JUNE 2021|||||||
|||||||Notes||2021|2021|2021||2020|
||||||||Unrestricted||Restricted|Total|Total||
|||||||||E|E|E|||
|Incoming resources|||||||||||||
|Voluntary
income|||||||||||||
|Members subscriptions||||||||51,410||51,410||52,037|
|Gift aid||||||||7,613||7,613||8,208|
|Activities togenerate|funds||||||||||||
|Commission
received||||||||15,280||15,280||14,551|
|Advertisements||||||||||||250|
|Publications||||||||20,275||20,275||13,299|
|Shows and demonstrations||||||||||||460|
|Promotional
goods||||||||666||666||1,285|
|Investment
income||||||||17,184||17,184||20,003|
|Administration
services||||||||11,007||11,007||28,788|
|Interest received||||||||33||33||216|
|Charitable
activities|||||||||||||
|Registrations
and DNA|kits|||||||255,289||255,289||234,455|
|Transfers||||||||13,323||13,323||12,843|
|Bull levies||||||||18,838||18,838||18,859|
|ABRI —performance
recording||||||||35,390||35,390||40,784|
|Other incoming resources|||||||||||||
|Sundry income||||||||512||512||1,561|
|Total incoming resources||||||||446,820||446,820||447,599|
|Resources expended|||||||||||||
|Costs ofgenerating
funds|||||||||||||
|Advertising
and breed|promotion|||||||35,365||35,365||32,468|
|Advertising||||||||15,887||15,887||4,183|
|Shows and demonstrations||||||||8,046||8,046||56,845|
|Allocations to area clubs||||||||300||300||10,004|
|Promotional
goods||||||||6,448||6,448||1,326|
|Subscriptions
and conference fees||||||||1,211||1,211||1,282|
|Charitable
activities|||||||||||||
|Technical developments||and website||||||24,599||24,599||24,797|
|Administration
of registrations||||||||84,403||84,403||36,913|
|Bull levy payments||||||||12,243||12,243||14,818|
|Support costs|||||||||||||
|Staff salaries,
national|insurance||and subcontractors'||fees|||143,141||143,141||184,192|
|Traveland
expenses||||||||||||150|
|Computer
costs||||||||332||332||325|
|Office running
costs||||||||40,101||40,101||61,917|
|50th Anniversary
Costs||||||||374||374||290|
|Accounting
and other professional||||charges||||14,177||14,177||33,758|
|Depreciation||||||||1,815||1,815||3,642|
|Governance
costs|||||||||||||
|Independent
examination||||||||4,600||4,600||4,500|
|Council travel and expenses||||||||2,415||2,415||3,680|
|Total resources expended||||||||395,457||395,457||475,090|
|Net incoming/outgoing||resources||||||51,363||51,363||-27,491|
|Gains / Ilosses) on investment|||assets||||||||||
|Realised||||||||-2,514||-2,514||-1,516|
|Net income/(expenditure)||for the||year||||48,849||48,849||-29,007|
|Unrealised||||||||56,361||56,361||-19,020|
|Net movements
in funds||||||||105,210||105,210||-48,027|
|Transfer between
fund||||||||-169|169||||
|Total funds brought forward||||||||772,528|-169|772,359||820,386|
|Total funds carried forward||||||||877,569||877,569||772,359|
|||Notes|2021|2021|2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|Incoming resources|||446,820||446,820|447,599|
|Resources expended|||395,457||395,457|475,090|
|Net incoming resources|||51,363||51,363|-27,491|
|Gains / (losses) on investment|assets||||||
|Realised|||-2,514||-2,514|-1,516|
|Unrealised|||56,361||56,361|-19,020|
|Net movements
in funds|||105,210||105,210|-48,027|
|Transfer between funds|||-169|169|||
|Total funds brought
forward|||772,528|-169|772,359|820,386|
|Total funds carried forward|||877,569||877,569|772,359|
|||||||||Page 10|
|---|---|---|---|---|---|---|---|---|
|||||THE BRITISH SIMMENTAL CATTLE SOCIETY||LIIVIITED|||
|||||BALANCE SHEET|||||
|||||AS AT 30JUNE 2022|||||
|||||Notes|2022|||2021|
|Fixed assets|||||||||
|Tangible assets||||||29,312||4,646|
|Investments||||||642,778||718,304|
|||||||672,090||722,950|
|Current assets|||||||||
|Debtors|||||94,766||86,924||
|Cash at bank||and in|hand||152,205||133,679||
||||||246,971||220,603||
|Creditors: amounts|||falling due||||||
|within one|year|||10|(84,470)||(65,984)||
|amounts
falling due|||greater than||||||
|one year|||||(19,031)||||
|Net current||assets||||143,470||154,619|
|Net assets||||||815,560||877,569|
|Funds|||||||||
|Unrestricted|||||||||
|Unrestricted||funds||13||725,123||788,287|
|Designated|funds|||13||90,437||89,282|
|Restricted funds||||13|||||
|||||||815,560||877,569|
##
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||Net income|||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||This is stated|after|charging:|||||
||Depreciation|oftangible||fixed|assets|9,139|1,815|
||Operating
lease costs|||||5,789|5,789|
||Independent|examiner's||remuneration||4,900|4,600|
|4|Staff costs|||||2022|2021|
|||||||E|E|
||Salaries (including||temporary||staff)|117,274|109,630|
||Social security|costs||||8,120|4,974|
||Pension costs|||||4,010|3,652|
|||||||129,404|118,256|
##
|4|Staff costs (continued)||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The average weekly number||of|persons||employed||by|||2022|2021|
||the association
during the|year||was:|||||||Number|Number|
||Administration||||||||||||
||No employee
received emoluments||||of more||than|f60,000|||||
||Independent
examiners'|remuneration|||||||||||
||||||||||||2022|2021|
||Fees payable to the company's|||examiner||and its||associates:|||E|E|
||For independent
examination|||services|||||||||
||Independent
examination|of|the company's||||financial||statements||4,900|4,600|
||For other services||||||||||||
||Accountancy
services||||||||||7,759|7,726|
|6|Tangible fixed assets||||||||||||
||||||||||Office||||
|||||||||fixtures &||Computer|Motor||
|||||||||equipment||equipment|Vehicles|Total|
|||||||||||E|E||
||Cost||||||||||||
||At 1July 2021||||||||75,285|98,584||173,869|
||Additions|||||||||4,315|29,490|33,805|
||Disposals||||||||||||
||At 30June 2022||||||||75,285|102,899|29,490|207,674|
||Depreciation||||||||||||
||At 1July 2021||||||||73,393|95,830||169,223|
||Charge for the year||||||||582|1,799|6,758|9,139|
||On disposals||||||||||||
||At 30June 2022||||||||73,975|97,629|6,758|178,362|
||Net book value||||||||||||
||At 30June 2022||||||||1,310|5,270|22,732|29,312|
||At 30June 2021||||||||1,892|2,754||4,646|
##
|Investments|||||
|---|---|---|---|---|
||||2022|2021|
||||f|E|
|Listed investments|held 1July 2021||718,303|647,460|
|Purchases at cost|||163,851|385,267|
|Sales proceeds|||(162,900)|(367,594)|
|Realised (losses) sales|||(5,308)|(2,514)|
|Unrealised
gains /(losses) on revaluation||to market value|(71,169)|55,684|
|Listed investments|held on 30June 2022||642,777|718,303|
|Shares in Breedline|Services Limited||1|1|
||||642,778|718,304|
|Financial instruments||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|Carrying amount offinancial|||assets||||||||E|
|instruments
measured|atfair||value through||netincome/expenditure|||||||
|Listed investments||||||||||642,777|718,303|
|Fixed asset investments|are|subject to normal||||market|risks associated||with the|holding oflisted|investments.|
|The fixed asset investments||are managed||by||professional||investment|managers.|||
|Debtors||||||||||2022|2021|
|||||||||||E||
|Debtors||||||||||54,839|52,028|
|Prepayments||||||||||25,676|27,175|
|Other debtors||||||||||14,251|7,721|
|||||||||||94,766|86,924|
|Creditors: amounts|Creditors: amounts|falling due within one year|2022|2021|
|---|---|---|---|---|
||||E|E|
|Trade Creditors|||26,031|23,185|
|Income received|in|advance|10,399|4,501|
|Value added tax|||9,858|10,257|
|Accruals|||31,410|25,950|
|PAYE|||1,820|2,091|
|Other Creditors|||672||
|Lease Liability|||4,280||
||||84,470|65,984|
|Creditors: amounts|falling due greater than one year|2022f|2021
E|
|---|---|---|---|
|Lease Liability||19,031||
|||19,031||
|Included
within creditors are lease liabilities totalling E19,031which||are secured over the assets to which they||
|relate.||||
|12|Deferred|income||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||E||
||Total deferred
income at 1July|||2021||4,501|4,671|
||Amounts|received|in year|||10,399|4,501|
||Amounts|credited|to statement|offinancial|activities|(4,501)|(4,671)|
||Total deferred income at 30June 2022|||||10,399|4,501|
##
|Analysis offunds|Analysis offunds|||||||
|---|---|---|---|---|---|---|---|
|||||||Transfers||
|||At|Incoming|Resources|Investment|between|At|
|||01.07.21|resources|expended|gains|funds|30.06.22|
|Unrestricted|funds:|E|E|E|E|E|E|
|General fund||788,287|493,937|(479,469)|(76,477)|(1,155)|725,123|
|Designated
funds:||||||||
|Life Members|fund|89,282||||1,155|90,437|
|Restricted funds||||||||
|Young members||||||||
|||877,569|493,937|(479,469)|(76,477)||815,560|
##
|non-cancellable
operating
leases, which fall due as follows|:||
|---|---|---|
||2022|2021|
||E|E|
|Land and buildings|||
|Within one year|3,590|3,590|
|Between two and five years|14,360|14,360|
|Over five years|42,781|46,371|
||60,731|64,321|
|Office equipment|||
|Within one year|2,199|2,199|
|Between two and five years|1,099|3,297|
||3,298|5,496|