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2021-12-31-accounts

Page
Trustees
Reference and Administrative Details ofthe Charity and Advisers
Chairman's Statement 3 —4
Trustees Report 5 —13
Independent Auditors Report 14 —16
Consolidated Statement ofFinancial Activities 17
Consolidated Balance Sheet 18
Company
Balance Sheet		 19
Consolidated Cash Flow Statement 20
Notes to the Financial Statements 21 —44

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
Note 8 8 E
Income from:
Donations
and le acies
Job retention scheme grant 390,163 390,163 760,796
Other donations
and legacies		 157,837 1,212 705 1 370542 1 095934
157,837 1,602,868 1,760,705 1,856,730
Other trading
activities		 4, 5 2,812,158 2,812,158 1,727,970
Investments 6 486 486 2,694
Charitable
activities		 7 16,417 6,400,921 6,417,338 4,442,466
Other income 8 45,020 45,020 278,149
Total income 174,254 10,861,453 11,035,707 8,308,009
Expenditure
on:
Raising funds 4,9 9,350 3,375,225 3,384,575 3,199,609
Charitable
activities		 10,11 154,018 6,876,648 7,030,666 7,515,448
Total expenditure 13 163,368 10,251,873 10,415,241 10,715,057
Net income before transfers 10,886 609,580 620,466 (2,407,048)
Transfers
between		 funds
Net income, being net
movement
in funds		 10,886 609,580 620,466 (2,407,048)
Reconciliation offunds:
Totals funds at 1 January 2021 324,109 18,597,912 18,922,021 21,329,069
Total funds at 31 December
2021 31 334,995 19,207,492 19,542,487 18,922,021

2021 2020
Note E E 8
Fixed assets
Tangible assets 17 18,851,775 19,340,617
Animal
collection		 18 1 1
Total tangible assets 18,851,776 19,340,618
Intangible assets 19 22,528 26,102
18,874,304 19,366,720
Current assets
Stocks 21 80,729 102,036
Debtors 22 284, 155 600,439
Cash at bank and in hand 5,932,033 4,669,535
6,296,917 5,372,010
Creditors: amounts falling due within 23 (1,686,763) (2,140,678)
one year
Net current assets 4,610,154 3,231,332
Total assets less current liabilities 23,484,458 22,598,052
Creditors: amounts falling due after 24 (3,941,971) (3,676,031)
one year
Net assets 19,542,487 18,922,021
Charity funds
Restricted funds 29 334,995 324,109
Unrestricted
funds		 28
Fixed asset funds 18,851,775 19,340,617
Designated
funds
Free reserves		 80,041
275,676		 80,041
~222244,
Total unrestricted funds 19,207,492 18,597,912
Total funds 30 19,542,487 18,922,021
2021 2020
Note K
Fixed assets
Tangible assets 17 18,851,775 19,340,617
Animal
collection		 18 1 1
Total tangible assets 18,851,776 19,340,618
Intangible assets 22,528 26,102
Investments 20 100,000 100,000
18,974,304 19,466,720
Current assets
Stocks 21 1,620 6,040
Debtors 22 2,010,825 1,714,155
Cash at bank and in hand 3,468,256 3,220,286
5,480,701 4,940,481
Creditors:
amounts		 falling due within 23 (1,626,882) (2,068,315)
one year
Net current assets 3,853,819 2,872,166
Total Assets less current liabilities 22,828,123 22,338,886
Creditors:
amounts		 falling due after 24 (3,941,971) (3,676,031)
one year
Net assets 18,886,152 18,662,855
Charity funds
Restricted
funds		 29 334,995 324,109
Unrestricted
funds		 18,551,157 18,338,746
Total funds 18,886,152 18,662,855

2021 2020
Note K 6
Cash flows from operating
activities
Net cash provided
by operating		 32 1,747,237 (1,137,036)
activities
Cash flows from investing
activities
Interest receivable 486 2,694
Purchase oftangible fixed assets (374,797) (1,578,208)
Proceeds from sale of property, 23,400
plant and equipment
Net cash used in investing (374,311) (1,552,114)
activities
Financing
activities
Repayment
offinance leases		 (38,085) (20,003)
Drawdown
ofloan		 4,300,000 4,300,000
Repayment
of loan		 (4,372,343)
Net cash used in financing (110,428) 4,279,997
activities
Change in cash and cash 1,262,498 1,590,847
equivalents
in the year
Cash and cash equivalents brought 4,669,535 3,078,688
forward
Cash and cash equivalents carried 33 5,932,033 4,669,535
forward
The notes on pages 21 to 44 form part ofthese financial statements.

Trading activities
Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 K 2021 .2020
K K K
Charity trading income
Trading income 2,810,688 2,810,688 1,727,150
Fundraising
and trading
expenses
Cost ofgoods sold 950,381 950,381 555,212
Direct cost of Christmas event 715
Marketing 42,675 42,675 28,452
All other costs 306,210 306,210 215,641
Wages and salaries 979,881 979,881 1,011,822
National
insurance		 45,878 45,878 48,337
Pension costs 29,331 29,331 27,424
Staff related costs 2,579 2,579 1,432
Support costs 731,337 731,337 973,025
3,088,272 3,088,272 2,862,060
Net income from trading activities (277,584) (277,584) (1,134,910)
summary
of Marwell		 S ervices Limited results are as follows:
2021 2020
K K
Turnover 2,810,355 1,726,993
Other income including CJRS income 110,736 213,064
Expenditure 2,264,960 1,681,113
Profit for the year 656 131 258,944
Net Assets ICapital & Reserves 756,131 358,944

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
K K K K
Provision ofadministrative services 1,470 1,470 820

Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
6 K
Bank &other interest receivable 486 486 2,694

Restricted Unrestricted Total Total
funds funds funds funds
2021
K		 2021
6		 2021 2020f
Biological conservation 71,586 71,586 68,974
Science and learning 16,417 6,329,335 6,345,752 4,373,492
16,417 6,400,921 6,417,338 4,442,466

Restricted Unrestricted Total Total
funds funds funds funds
2021
6		 2021
6		 2021f 2020
2
Rental income 45,009 45,009 27,556
Settlement of insurance claim 250,000
Sundry income 11 593
45,020 45,020 278,149

osts ofgenerating
voluntary
i		 ncome
Restricted Unrestricted Total Total
funds funds funds funds
2021 2021 2021 2020
8 E 8 8
Costs ofgoods sold 9,350 6,027 15,377 8,359
Marketing 35,734 35,734 27,284
Staff and related costs 156,427 156,427 168,267
Support costs 64,128 64,128 120,801
All other costs 24,637 24,637 12,838
9,350 286,953 296,303 337,549

Biological Science &
conservation learning Sustainability 2021 2020
E 8 K
Direct animal 235,988 138,140 374,128 355,090
costs
Direct 174,091 24,533 198,624 128,622
conservation
costs
Park running 783,543 389,206 42,204 1,214,953 700,250
costs
Marketing 102,419 102,419 66,634
Staff and 2,203,913 798,947 106,590 3,109,450 3,346,144
related costs
Support 1,090,184 457,086 100,968 1,648,238 1,891,570
costs
Development 287,804
write-offs
All other 26,761 180,219 5,056 212,036 527,454
costs
Total 4,514,480 1,952,410 392,958 6859848 7,303,568

osts ofcharitable
act		 ivities —Restricted
Biological Science 8 Sustainability
conservation learning 2021 2020
E E K K
Direct animal costs 95,962 95,962 105,982
Direct conservation 58,056 58,056 86,497
costs
Total 154,018 154,018 192,479
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Staff Depreciation
&		 Other
costs amortisation costs Total Total
2021 2021 2021 2021 2020
E E 6 6
Expenditure on
raising voluntary
income 180,121 22,758 93,424 296,303 337,550
Expenditure on
fundraising trading 1,325,305 259,534 1,503,433 3,088,272 2,862,059
Costs of
generating funds 1,505,426 282,292 1,596,857 3,384,575 3,199,609
Biological
conservation 2,592,709 386,881 1,688,908 4,668,498 4,664,297
Science and
learning 964,860 162,209 825,341 1,952,410 2,427,467
Sustainability 143,375 35,831 213,752 392,958 404,283
Charitable
activities 3,700,944 584,921 2,728,001 7,013,866 7,496,047
Expenditure on
governance 16,800 16,800 19,401
5,206,370 867,213 4,341,658 10,415,241 10,715,057

his is stated afte r chargin g:
2021 2020
6 6
Depreciation of tangible fixed assets:
Owned by the charitable group 836,953 814,701
Held under finance lease 26,686 24,266
Amortisation of intangible fixed assets 3,574 3,575
Operating
lease		 costs 344,836 101,220
Development write-offs 432,252
Government grants 390,163 760,796
Profit on sale of fixed asset 19,996

ditors'
remuneration		 ditors'
remuneration		 ditors'
remuneration
Fees payable to the company's auditor and associates 2021 2020
6 6
Audit ofthe financial statements ofthe group and companies 16,800 16,000
Other services 7,000 8,800
23,800 24,800
taff costs
taff costs were as follows:
2021f 2020
6
Wages and salaries 4,621,623 4,970,192
Social security costs 340,694 383,770
Other pension costs 219,354 231,022
Redundancy costs 24,696 88,190
5,206,367 5,673,174
he average monthly number, of employees was 288 (2020:279)and the average monthly
umber offull time equivalent employees during the year was as follows:
2021 2020
No. No.
Charitable
activities		 121 129
Cost of generating funds 58 70
Support 17 19
196 218

taff costs (continued)
The number of higher paid employees was:
2021 2020
No. No.
In the band F60,001 - E70,000
In the band 670,001 - E80,000
In the band F110,001 - E120,000
5 5

angible fixed assets
Animal
Freehold houses Capital
land and and other Plant and work in
buildings buildings equipment progress Total
E 6 E 6 6
Group and company
Cost
At 1 January 2021 1,417,411 24,334,568 2,893,595 1,011,021 29,656,595
Additions 196,283 178,514 374,797
Transfer between classes 1,182,695 (1,182,695)
At 31 December 2021 1,417,411 24,334,568 4,272,573 6,840 30,031,392
Depreciation
At 1 January 2021 65,029 8,351,816 1,899,133 10,315,978
Charge for the year 4,394 660,963 198,282 863,639
At 31 December 2021 69,423 9,012,779 2,097,415 11,179,617
Net book value
At 31 December 2021 1,347,988 15,321,789 2,175,158 6,840 18,851,775
At 31 December 2020 1,352,382 15,982,752 994,462 1,011,021 19,340,617

The net carrying
value oftangible		 fixed assets for both the group and the company
includes		 fixed assets for both the group and the company
includes		 the
following in respect ofassets held under finance leases or hire purchase contracts.
2021
f		 2020
f
Plant and equipment 240,113 266,799

mal collection
Animal
Group and Company collectionf
Valuation
At 1 January 2021 and 31 December 2021
ngible
fixed assets
ITsystems
and software
f		 Total
f
Group and company
Cost
At 1 January 2021 134,223 134,223
Additions
At 31 December 2021 134,223 134,223
Amortisation
At 1 January 2021 108,121 108,121
Charge for the year 3,574 3,574
At 31 December 2021 111,695 111,695
Net book value
At 31 December 2021 22,528 22,528
At 31 December 2020 26,102 26,102

Com an
2021 2020
E E
Shares in subsidiary undertaking 100,000 100,000
100,000 100,000

cks
Grou Com an
2021 2020 2021 2020
K K E 6
Goods for resale 58,765 80,568
Consumables stock 21,964 21,468 1,620 6,040
80,729 102,036 1,620 6,040

btors
Grou Com an
2021 2020 2021 2020
K K K E
Trade debtors 36,939 39,091 36,705 34,134
Amounts
owed by group undertakings		 1,743,332 1,130,332
Other debtors 7,935 283,465 7,935 283,465
Prepayments and accrued income 239,281 277,883 222,853 266,224
284,155 600,439 2,010,825 1,714,155

ditors: Am oun ts falli ng due within one yea r
Grou Com an
2021 2020 2021 2020
6 6 6
Bank loans 367,740 745,675 367,740 745,675
Trade creditors 335,447 270,453 310,750 234,176
Obligations under finance leases 38,549 36,982 38,549 36,982
Other taxation and social security 117,527 159,583 117,527 159,583
Other creditors 3,972 48,072 3,496 37,559
Accruals and deferred income 823,528 879,913 788,820 854,340
1,686,763 2,140,678 1,626,882 2,068,315
ditors: Amounts falling due after one year
Grou Com an
2021f 2020f 2021
6		 2020
f:
Bankloans 3,859,917 3,554,325 3,859,917 3,554,325
Obligations under finance leases 82,054 121,706 82,054 121,706
3,941,971 3,676,031 3,941,971 3,676,031

2021 2020
6
Bank loan 4,227,657 4,300,000
Payable within one year 224,276 745,675
Payable between two to five years by instalments 979,511 3,554,325
Payable in more than 5years by instalments 3,023,870

Future minimum lease payments due under finance leases: 2021 2020
6 6
Within one year 43,130 43,130
In two to five years 86,285 130,518
129,415 173,648
Less future finance charges (8,812) (14,960)
120,603 158,688

erred in come
Grou &Com
an
2021 2020
6 6
Deferred income at start of year 645,842 571,586
Resources deferred during the year 585,048 645,842
Amounts released from previous years (645,842) (571,586)
Deferred income at end of year 585,048 645,842
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2021
f		 2020
E
Net income for the year (as per Statement of Financial Activities) 620,466 (2,407,048)
Adjustment
for:
Depreciation
&amortisation		 charges 867,213 1,274,795
Interest received (486) (2,694)
Loss on the sale of fixed assets (19,998)
Increase
in stocks		 21,307 14,763
Decrease/(increase) in debtors 316,284 (202,058)
(Decrease)/increase in creditors (77,547) 205,204
Net cash provided by operating activities 1,747,237 (1,137,036)
alysis ofcash and cash equivalents
2021f 2020
K
Cash in hand 5,932,033 4,669,535
Total 5,932,033 4,669,535

lysis ofc hanges
in		 net cash
1 January Cash flows 31 December
2021
E		 f 2021
Cash in hand 4,669,535 1,262,498 5,932,033
Obligations under finance leases (158,688) 38,085 (120,603)
Borrowings excluding overdrafts (4,300,000) 72,343 (4,227,657)
210,847 1,372,926 1,583,773

At 31 December 2021 the group had future At 31 December 2021 the group had future minimum rentals payable under non-cancellable payable under non-cancellable
operating leases as follow:
Group and Company 2021 2020
E E
Expiry date:
Within 1 years 82,627 20,244
Between 2 and 5years 262,209 80,976
344,836 101,220