REGISTERED COMPANY NUMBER: OIM>22860 (England and Wale5) RECISTERED CHARITY NUMBER: 293872 TRUSTEES, REPORT AND UNAUDITED FINANCIAL StATEMEKfs FOR THE YEAR ENDED 31 MAY 2021 FOR CLEVELA.YD BAY HORSE SOCIETY OFTHE UNITED KINGDOM LIMITED BY GUARATr*'TEE Peier Howard & C.0 4 Wharfe Mew5 Cliffe Terrace 'etheTb)' West Yorkshire LS22 6LX CLEI"EL4ND B.4I' HORSE SOCIETY OF THE INrTED KINGDOM LIMITED By GUARANTEE CONTENTS OF THE FIN.4NCIAL STATEMENTS FOR THE I'E.4R ENDED 31 MATr 2021 Pagt Trty¢e5 Repon ￿th￿dent Eianjiner's Report Sm￿ent tsf Financial Activities ••knm¢e Sheet io the Financial StateTNents 10 10 14 DEtrJled Statement of FinaNtial Aetivities 15 10 16 CLÉNIL4%D B.41" HORSE SOCIETY OF THE L)rfED KINGDONI LIMITED BY GUARANTEE T￿l￿TtE-. REPORT THE ) E.4R ENI)ED 31 MAY 2021 Tk T￿￿ are also directors of the charity for the purp05e5 of the Companies Act 2006. present their report with >taierp.ellii of the chaTiry for ihe Trear ended 31 May 2021. The trustees hawe adopted the provisions of 'nd RtponTn£ bi" ChaDtTes.- Statement of Recommended Practice applicable to charities preparing the7r accordance 54irh the Financial Reporting Sthndard applicable in the UK and Republic of Lreland {FRS 102) anuarn 0191. OBJECTII"ES.4ND.4CtIl"ITIES (￿￿. es a￿d aiTn5 BaN Ho￿¢ Society. regulate5. promotes and Pr￿e¢1S the pure bred Cleveland Bay Horse. If￿￿1 actii"Étie5 oi ot inceniiies (o Cleveland Bay breeders throughoui the world is to encouratse Cleveland Bav breeding Sry_.kn,* breedino costs. Promoting the Cleveland Ba)s through our various publications, shows and other direct oi":.dinp a frameivoik for Cleveland Bay breeders and enthusiasts to engage with each other and promote CleiJiand Bal. in every spher¢. Page I CL[1 EL4ND BAY HORSE SOCIETY OF THE INttED KINGDOM LIMITED BY GUARANTEE TEE5. REPORT Ox THE I'E.4R ENIDED31 MAY2021 .4CHIEI"EIIENT AND PERFORMANCE (kvnable actÉi"Ities -.Th iufTered quite badly during ihe la51 year which w15 mosily spent in lockdowi due to the raging Covid ViTU5 the i¥orld. The CBHS w'OTked w'ith DEFRA and RBST to eventually secure perrnission tg tran5POrt BaN mares 10 stallions due io the criti¢al siatus of the breed. Ty wefii of not r=nrino an olTi¢e enables ihe CBHS to operate at minimal cost without loss of the benefits. This has ni aluable cfuring the I￿1 l'ear with the office functioning nonnally throughout Covid lockdowis. e inlested in an upgraded DNA ￿st which will provide 50 much rnor¢ information on the origins of the Breed L_-_e.E Us manaue the genetic dil'ersity within the breed. tr￿ r￿oIS[ratIonS introduced in 2019 for Overseas members h35 been extended indefinitely, ￿'hI]st ￿ndS PeTmit. of the chariry. supported OveTseas Mare Cover GTant for our wOrld￿lde members M'ill conrinue in 2021 and -tr ei"aluaied. TF* HBLB Grant for Frozen Stallion Semen wa5 well received by Sthjlion owners and will continue for 2021 since we enrll" had our application accepted at £21.0(Ml to matrh last yeavs grani. t nei4 H"ebsite bein(p abandoned in 2018, the curreni website has been expanded by a Trustee so now has liiied ii'iih iheir pi¢iures and this has been a huoe su¢ces5. We are currently asking for breeders to send in -._￿ knnabling us to updaie their Breeder Listing. A new website is being prepared and Trustees will be able its see 17t￿ Tl I'ern, soon. We do hope thai the new web51te is everything that we wanted it io bE. Tht Cleleland Bay Horse s￿Iety atternpted to open an Ebay shop late summer 2020, thi5 caused major problems with Pal onli to oet worse when they inllicted the new Brexii rules upon us. Our PavPal account is now up and Junning rfrll bui %i"e are Siill strnggling with opening the Ebay Shop. We will continue working with Ebay to get the shop (kr Charity. has now been admiued to the Amazon Smile Charitv pick list so that is an option which can be used by *r.Yrs and non-meTnb¢rs alike. this will hopefi]Ily be a source of revenue. 5 ror ?O?O were all cancelled and so far we only have a few Shows in 2021 which are holding Cleyeland Bay cknts-. IK'e are looking into having our own Nwional Breed Show later in 2021. Tly Perfornlance Scheme been enhan¢e(L w include far Tnore options for gaining points towards awards. The new sdkme include5 Cleveland Bays and their owner members wherever in the world they live. CBHS previous Show Chair resi¥ned in DeceTnkr. We needed to round up all the trophies which were presented in - 9. DoCu￿entation on the Trophies, which were handed out in 2019. was incomplete. All the trophies should have rerumed in 2020 but ngne were returned and s(Trme trophies were unaccounted for. There was no file with photo's of indii idual trophie5. TheTe has been no proper record kept of each trophj. in the past therefore we are Currently trying ) round Ihem all up in order to make proper recorded detsils of each trophy and in the future there will be a paper trail y) ￿t kno1￿. exactly where each one is. We were aware thai a few year5 ago the extremely valuable Woodmans trophy, kÈlldlN donated by the Price family, had been losi by former Trustees. We needed to take advantage of ihe cllrrent siruation. taking stock of the rest of the Trophies whilsi the Opwprtunity ¢xists. 'inp Covid guidance, CBHS TNstees have had 19 Zoom tnectings in order (o Conduct business since l Jllne 2020. *e JreN"iolls year had 12 meeiings in total plus an AGM. Thi5 far exceeds the nuTnber of meetings held historically. FIN.4NCIAL REVIEW In% estment policv and objectives The Society has the power to make any investsnents as the council sees fit. Page 2 ' LIND B.41" HORSE SOCIETY OF THE klNGDO%I LI.MITED BY GUARANTEE REPORT E l E.4R E.NDED 31 MAY 2021 REI"IEW wlicl ot the company to mainthin u]￿estricted funds. which are the free reserves of the eharity, at a level .Lieni funds io co*er managemeni and administration costs. . of the HBLB Grant wa5 increased to £21.000 and Mith the balance fonyard plus the CBHS 20/0 .1 1 2¥2ila4le io as515t breeders ihrouuhout the }ear. The extrd fvnding of £5,250, received in February F-3LB_ -o￿ard) Ihe ?O?O Grani was immediaiel). applied to Al for Mares and w¢ were delighted with the 3￿.1￿ar¥I￿7￿s bein(T received *ithin a few days securing the Grant for those who applied. The merits of the y-.ti iei4ed in ?0?2. of the reser¥'e5 policy is reviewed annualty. .ds a i'arieN' of archive material that 15 not included in either fixed assets or stock as there is no know Durin(T Ihe N'ear ended 315t May 2015. 11 professionallv valued and estiwnated to be worth around .' re ? noie to this effect is included in the accounts bui no accounting adjusm)eni wa5 made. N'o further review y￿[ n&Yrak":n to date. IrriTrE PL.4NS . Nearo as a Company Limiied by Guarantee we have been advised by the Charity Commission to consider D a Charitable Incorpordied Organi5ation ststus. The Charity Commission had noted that Ihere were -.tndment5 to our Anicles which had not been sent to them during a Considerable number of years. Two of -.ai"e iiorked on updating our Anicles in line with cvrreni legislation. This has taken considerable time due of Asso¢iaiion having nurnerous issues which conflicied with curreni legislation. The Charity -1 l>ed Ihai if rhe membership rejecied a move to a Charitsble Incorporated Organisation status the curr¢nt FbilU.d be required to to be re-myillen to take inio account current legislaiion and Charity Commi55ion guidance vaw￿rICe. li-ork continues under Coyid 19 guidance to bring owions to rnernber5 as s(rt)n a5 Possible and it Is 4e m.ill have a new Governing Document ready later in 2021. Gryit for ?021 will remain the same as last year enabling the Society to continue to support UK breeders with Ilar-. Foal and Sparks Grants plus Shows:'Displays Grants. If there is sufficient Grani remaifting we hope to from a suitable StsllÈon. t raL.ae to ￿'ork MTrth the Rare Breeds Survival TTUSt w promote the of SPARKS type breed management with and to secure a more resilieni future for our own schctne. •e Ycenili" paid for an ￿p￿de on th¢ DNA analysis although we will not see the benefits until later on in 2021. STRI'rfL"RE. GOVERNANCE AND MANAGEMENr G••trnin(T document li controlled by its goveTning documenL a deed of trysL and constttute5 a limited company. limited by a5 defined bs ihe Companies Aci 2006. Tk CkN"eland Bav Horse Sociery of the United Kingdom was fornied as a private limited company under a •xtryThidum &. articles of a$50ciaiion the 6th Julv 1886. ThE ￿l￿￿panI. has no share capital and 15 limlted by guarantee. L* I lth March 1986. the Cleveland Bay Horse Society of the Uniied Ktngdom was accepted a registered charity. knimient 2nd appointment of new trustees lees are Director5 and Council member5. One third of the tnetnbers of council retire in rotation annually. The members elect new council membeT5 annually. Page 3 ThEL&ND B.41" HORSE SOCIETY OFTHE I: kLNGDO%I LI.IIITED BY GL'ARAPITEE rr[E￿ REPORT E I"E 4R ENDED 31 MAY 2021 srairTiIiL GOIEIiNAD*CE AND MANAGEMENT •¥**￿al structure . ￿?￿lleral mana{Temeni of the affairs of the company are direcied by the council. which is made up of up to rnEe¥ ¥￿ClI ioials 13 from which a Chair and a Vice Chair are appointed. The dav to day otyice dutie5 are Gr•t a I"Ll..unieer. who consults with the CEO, Committee Chairs, Treasurer, Chair. Company Secretary, and )F_Tr jl ￿ required. The Council meets ￿ least 6 titnes a year, or as and when netessary. -. 9 i-.e orvanisation has adapted to have more meeiings to deal with all isSU¢S that have occurred within e pandemic. These meetings have been via Zoom to enable the organisarion to function M,hilst not ar risk. The Council has had 19 meetings thi5 fi￿al year and a further 6 are scheduled plus we are hen necessarv if wmething urgent crops up. risk at its council meetings and an accounts overview lollns part of these scheduled meetings. TJE wJrcr¢ ".&niified rE5k5 are loss of revenue due to reduced numbers of passports being issue¢ due to fornierly lack ations ii'hich is Iwking encourdging thi5 year. There is also an historic problern with UK membership i=niion. How'ever, the overseas membership is currently increasing. rai.'eiNed and reacted to the Covid-19 pandemic risk to enable the movement of stock to continue. -19 Ma￿ still irnpact numbers of foals being born in 2021 and possiblv further if numbers are .eti are invesrigating altemaiiye methods to ensure the breed is noi 1051 in lh¢ future. The Society a150 ",e closure of the Animal Health Trust in order io secure a records datab&se and physical saTnples Ojair). en iecured and decisions have been tsken lo prevent such an occutTence risking the data of the Society •iFERE.NCE .4ND ADMif4isTRATIVE DETAIts tJ*t4J Compan!" number ',and and Wales) Chariii" nU￿ber l office Page 4 BAY HORSE SOCIETY OF THE EM)ED 31 MAY 2021 .4•kE* Clwles Dell Crwin Heffernan IElected 28 Novonber 2020) 17 August 2020) Bro￿￿ (ReSi￿ed 15 Decem￿2020) CotDb (Resigned 5 Au￿2020} R Tbiee> of the Company (and also its director5 for the purpose5 of cornpany lawl you are responsible for *p of the accounis in accordanee with the requiremenis of the Companies Aci 20061 the 2006 Act). Tr.N*lf that rhe accounts of the Company are noi required to be audited undeT Part 16 of the 2006 Act *ie ior independent examination, I report in respect of my examinaiion of your charity'5 accounts as earried 14_- of ihe Chariiies Act 2011 ('the 2011 AtVI. In carrying out my examination I have followed the bl the Charit) CoTnmission under section 145{5) (b) of the 2011 Act. euminer's statement o mi examination. I confirni that no matters have come lo my attention in connection with the ".%-.74 me cause to believe: xt4yJntintr records were not kept in respe¢t of the Company as required by section 386 of the 2006 Aci. or *¢ Xk¥)unis do not accord with those records- or u'iits do not comply ￿1th the accounting requirements of sectton 396 of the 2006 Act other than any T.ent that the accounts give a true and fair view which is not a maller considered as pan of an ￿.￿eThI eiamination.. or ounts have not been Prepared in accordance with the methods and principles of the StateTlleni of -.v_tytnded Practice for accounting and reporting by charitie5 {appli¢able lo charities preparing their LV.L. in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFiS . fJ:11. cerns and have come across no oiher matters connection with the examination to whith attention should this repon in order to enable a proper under51anding of ihe accounts to be reached. C Foreman &. Co "sxL£hire Page 6 CLEN EL4ND B.4Y HORSE SOCIETTr" OFTHE L)trED KI.NGDOII LIIMITED Bl. GbARATriTEE 74TE%IENT OF FINANCIAL ACTIVITIES FOR THE I"E.4R E.NDED 31 MAY 2021 31.5.21 Total ds 31.5.20 Total funds Unrestricied fimd Restricted fijnd Notes 14fO*lE .4ND ENT)OII'ME%iT5 FROM ants and leuacies 1.763 26.250 28,013 15.527 (kn•bk acti% ities -t acrii-itl¢> 12,313 12,313 16.209 aciii.iiies 535 342 65 65 Tatsl 14.141 26,250 40.391 32,613 LYPENDITLRE ON .747 1,747 2.167 (knriuble #ctiN"itie5 4.029 19,412 23.441 20,058 7.111 7.255 14,076 TM 12.887 19,556 32,443 36,301 4TT I%CO%IE,'{EXPENDITURE) 1254 6.694 7,948 (3.688) Tra￿e￿ ben4.een funds 10 (5250) 5,250 wielnent funds (3.996) 11,944 7.948 (3.688) RECONCILIATION OF FUYDS T￿1 f￿ndS brought forward 87.689 4.120 91.809 95.497 TOT.4L FL.NDS CARRIED FORWARD 8i,693 16.064 ,757 91,809 CONTINLING OPERATIONS aiemeni of financial aciiviiies includes all gains and losses in the year. All incoming resources and resources .￿ed derii'e from coniinuing activities. The notes form part of these financial sratements P8ge 7 L.4ND BAY HORSE SOCIETY OF THE INTfED KI.NGDOM LIMITED BY GUARANfEE CF SHEET 4}" :O* 1 i1.5.20 Total funds Unrestricted fund Restricted fimd Total nds Notes .4%SETS 15294 15.?94 15,884 (tRRt.NT .4SSETS 2.015 609 71,821 2,015 609 87,885 i,467 606 99.336 c￿ x ￿. and in hand 16,064 74,445 16.064 90.509 103,409 .1.10 due within one year (6,046) {6.046) (27,484) TCiRRENT ASSETS 68.399 16.064 84.463 75,925 IT4L 455ETS LESS CURRENT AML￿1[5 83,693 16.0 99,757 91,809 4SSETS 8i.693 16,064 99,757 91.809 10 .%.ea funds 83,693 16.064 87.689 4.120 Ii¥r.4L FL NDS 99,757 91,809 nt rlwirable COTnpany is entitled to exemption from audit under Section 477 of the Companies Act 2(M)6 for the year X>3nEErs have not required the company to obthin an audit of its fllMr]cÉal siatements for the year ended MT. -0: l in accordance with Section 476 of the Companie5 Act 2006. I[￿-.-S acknowledge their responsibilities for burino ihai th¢ charitable company keeps accouniing records that comply with Seciions 386 and i87 of the CLrynpanies Act 2006 and parints financial siaiements which give a true and fair view of the state of affairs of th¢ charitable company as 3r the end of each financial year and of its surplus or deficit for each financial year in aceordance with the uirements of Secrions 394 and )95 and which othenvise compty. with the requirements of the Companies Act -iJ)6 relalino to financial statements. 50 far as applicable to the ¢haritable company. The notes forni part of these financial statements Page 8 continued... CLEI"EL.4ND BAY HORSE SOCIETY OF THE L %ITED KlTr4GDOM LIMITED BY GLARAliTEE 3*L4.NCE SHEET_ continued 141. 2021 financial statemenis have been prepared in ac¢ordance with the provisions applicable to charitable companies 10 Ihe small companies regime. iancial ststements w'ere approved bv the Board of Trn5tees and authorised for issue L+ l.¥.l.¥.( . and were signed on its behalf by". on SLf4L . Linn Pomfret- Twiee .4nn Orange- T The r]oies forn) pan of these financial ststements Page 9 BAY HORSE SOCIETY OFTHE vrtD KI.NGDOM LIMITED BY GUARANTEE TO THE FINANCIAL STATEMENTS THE I'E.4R ENDED 31 MAY 2021 .4CCOLNTING POLICIES •sis of preparing the fiDancial sthtements nnancial statements of the chatitsble cornpanv, which is a public benefit eniiN under FRS 102, have been rared in accordance with the Charities SORP (FRS 102}'Accounting and Reportin. b), Chariiies.. Sratemeni commended Practice applicable to charitie5 preparing their accounts in accordance H'ith the Financial RewrTinu Standard applicable in the UK and Republic of Ireland {FRS 10?) (effeciive l Januarv 2019),, F￿ancial Reporting Stsndard 102 The Finat]cial Reporting Standard applicable in the UK and Republic of IrEiand' and the Companies Aci 2006. The financial sthiements have been prepared under the historical cost ¢(￿1¢ntIon. Recounition ofassets income ome is recognised in the Statement of Financial Attivities (SOFA) a transaction or other event results in -.ncrease in the charity's assets or a reduction tn its liabilities. Income is onlv recognised in the accounts when all of the criteria regarding eTttitlement. probability and measurement are met Rerognition of donations anif legacies lyome is only reco￿￿ ised in the accounts when all of the criteria regarding entiilemenL probability and eaiuremeni are met. In the ease of a donaiion. eniiilement atise5 itntnediately upon its receip(. Recounition of grant income In the c￿e of lh¢ Hor5erace Betting Levy Board resrricted granL the income is recognised in the accounts on the x£ruals basis. Recognition of charitable activities iDeo￿t Income 15 only recodo iised in the accounts when all of the critetia regarding entitleTnenL probability and tknuremeni are met. Recognitton of investment income Income from interest is recogni5ed when its receipt is probable and the amount receivable can be measur¢d accurately. Recognition of resources expended E_xptnditure is the amount of a ¢haJity's resources th￿ have been spent or otherwÈse used in carrying our its actii'iiies. An expenst results in either a decrease in the charitys assets or an increase in its liabililies. Liabilities and expenditure are only recognised in the financial slateMen￿ when all of the Criteria regarding entitlernent. probability and measurement are met. Tangible fixed assets Depreciation is provided ai the following annual rates in order to write off each assei over its estimated useful Plant and equipment Compuier equipment 15 /0 reducing balance 33.30/0 on reducing balance Trophies are not depreciated and are included at a valuation based their insured values which is eonsidered to be similar to their markei value and is a departure from the generdl requiremeni of Companies Act 2006 for all tangible assets to be depreciated. Stock Siock is valued at the lower of cost and net reali5able value. after making due allowance for obsoleie and slow Tno*ing items. Taxation The charity 15 exeTnPt froffl corporation tsx on its charitable activities_ Fund accounting Lnrestricied funds tan be used in accordance wtth the charitable objectives at the discretion of the t￿Stees. Page 10 continued... CLEI"ELAND BA Y HORSE SOCIETY OF THE I")ITED KINGDOM LIMITED BY GUARAIYTEE OTES TO THF, FlTr4ATr*CIAL STATEMENTS- continued FOR THE YEAR ENDED31 MAY 2021 ACCOUNTING POLICIES- continued Fund accounting Restricted funds can only be used for panicular restricted purposes wthin the objects of the charity. Restrictions arise ii,hen specified bv the donor or when funds are rdi5ed for particular restricied purposes. Further explanation of the nature and purwse of each fulld 15 included in the notes to the financial statements. Debtors Short term debtors are measured at tm5action price. less any impairTt]ent. OTHER TRADING ACTIVITIES 31.5.21 3 1.5.20 Show Income 535 INVESTMENT IiYCOME 31.5.21 31.5.20 Deposit account interest 65 342 NET INCOMEIIEXPEYDITURE) Net incomel{expenditure) is siaied after chargingl(¢rediting)'. 31.5.21 31.5.20 DepFeciation- owned assds 590 754 TRUSTEES, REMUNERATION AND BENEFITS There were no tnJsiee5' Temunerntion or other benefits for the year ended J l May 2021 nor for the year ended 31 May 2020. Trustees, expenses There were no trustees, expenses paid for the year ended 31 May 2021 nor for the year ended 31 May 2020. Pagell continued... CLEI"ELAND BAY HORSE SOCIETY OFTHE I"%ITED KINGDOM LIMITED BY GUARANTEE OTES TO THE FINANCIAL STATE.MENTS- continued FOR THE YEAR ENDED31 MAY 2021 TANGIBLE FIXED ASSETS Plant and equipment CoTnputer equipment Trophies Totals COST At l June 2020 and 31 May 2021 5,524 12.640 2.474 20,638 DEPRECIATION At l June 20?0 Charge for year 2,841 403 1,913 187 4,754 590 At31 May2021 3.244 2.100 5,344 NET BOOK VALUE At31 May2021 2,280 12.640 374 15,294 At 31 May 2020 2.683 12.640 561 15,884 STOCKS 31.5.21 31.5.20 Clostng stock of souvenir5 2,015 3,467 During the year ended 3 1st May 2015, archive maierial was professionally valued and its current market value was estimated io be £12.000. No historical cost regarding this material has previously been includ¢d within closing stock and the material is not included in the above slock valuation. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.5.21 31.5.20 Prepaynents and accnted income 609 606 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.5.21 31.5.20 Trade creditor5 Deferred income Accruals HBLB grant 249 3,835 2.400 21.000 3,946 2,100 6,046 27,484 Page 12 continu¢d... CLEVELAND BAY HORSE SOCIETY OF THE LNITED KINGDOM LIMITED BY GbARATr4TEE OTES TO THE FINAiThiCIAL STATEMETrtrs- Continued FOR THE YEAR Ef4DED 31 MAY 2021 io. MOVEMENT IN FUNDS Net m(Trvemen( in fund5 Transfers beThi'een fund5 At 31.5.21 At 1.6.20 Unrestricted funds General fund 87.689 1.2)4 (5.250) 83.693 Restricted funds Horse Race Betting Levv Board 4.120 6,694 5250 16,0fv1 TOTAL FUNDS 91,809 7,948 99,757 Net movement in ￿nds. included in the above are as follows: Incoming resources R¢50urces expended Movement in funds Unrestricted funds General fuftd 14,141 (12,887) 1,254 Restricted f￿ndS Horse Race Betting Levy Board 26,250 (19,556) 6,694 TOTAL FUNDS 40,391 (32.443) 7.948 Comparatives for movement ify funds Net movemertt in fund5 Tran5fer5 berween funds At 3 1.5.20 At 1.6.19 Unrestricted funds General fund 92.737 (4.146) 1902) 87,689 Restricted funds Horse Race Belling Levy Board 2.760 458 902 4.120 TOTAL FUNDS 95.497 (3.6881 91.809 Page li continued... CLEVELATr4D BAY HORSE SOCIETY OF THE UNITED KINGDOM LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEP4TS- Continued FOR THE YEAR ENDED 31 MAY 2021 10. MOVEMENT IN FUNDS- continued Comparaiive net movement in fvnd& included in the above are as follows= Inc(Trrning resources Resources expended Movement in funds Unrestricted funds General fund 18.813 (22,959) (4,146) Restricted funds Horse Race Beiiing Levy Board 13.800 (13,342) 458 TOTAL FUNDS 32,613 (36.3011 {3.688} Purposes of unrestricteil funds Unrestricted funds comprise those fi]nds which the trusiees are free to use in accordance the charitable objeciives. Purp¢)5e of restricted fund5 Resrrieied fund5 COTIS15t of ihe HBLB Grant. The purpose of the grani is to increase awareness of the Cleveland Bay horse and set up a prowtnme to encourage breeding of foa15 to help to take the breed out of the rarest RBST Category l and ¢nsure the coniinuaiion of the breed_ Transfers between funds During the year, £5,250 of unrestricted fitnds were transferred to restricted fund5 to cover the Cleveland Bay Horse Societv's 200/0 contribution toward5 the HBLB Grants Teceive(L in lin¢ with the conditions of receiving the Grant. RELA TED PARTY DJSCLOSURFS It is a requireTllellt of th¢ Society for all trustees to be Tnembers. As at the 3 1st May 2021, all members had paid their subscriptions. Patre 14 CLEVELAND BAY HORSE SOCIETY OF THE UNITED KINGDOLM LIMITED BY GUARANTEE DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 IMAY 2021 31.5.21 i1.5.20 INCOME AND ENDOWMENTS Donationsi grants and legaties Donations, Cirants and HBLB Friends of the Society 27,578 435 14.963 564 28.013 15,527 Other trading activities Show IncoTne 535 Investment iDcom¢ Deposit account interest 65 342 Charitable activities Subseriptions Stud book sales Inspection and premiurn income Pure and part breed fees Promotion goods SL)Id Direct promoiion in¢ortLe British horse passw)rt Encome Ovetsea5 reuistrations Magazine and advert income DNA testing Horse sales adverts Prefix income Microchips Performance award scheme AGM dinner income Sundry receipts Postage and packaging in¢ome 7.047 10 7.651 396 175 3,484 967 95 270 700 42 449 3.125 263 175 170 400 30 240 330 270 86 ,484 65 333 12,313 16,209 Total incoming resources 40,391 32,613 EXPEf*DITURE Raising donatlOn5 aDd legAcie5 Insurance Bank char(Tes Depreciation of tangible fixed assets 1.041 116 590 1.180 23i 754 1.747 2,167 Charitable activities Siock movemeni Carried fO￿ard 1,451 1,451 740 740 This page does not foTm pan of ihe statutory financial statements Page 15 CLEVELAND BAY HORSE SOCIETY OF THE UNITED KINGDOM LIMITED BY GUARATriTEE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 LMAY 2021 31.5.21 il.5.20 Ch8ril8ble activities Brought forward Stallion. mare and foal premiums DNA iesiing Semen expen5e5 Show and stallion show expenses Perfomiance scheme expenses Prefix expenses Show attendance Magazine printing Advertising Computer w'ebslte costs Inspection and premium expense Passport expenses Pre bre¢ding patrons gift Overseas registrdtion grdnts CEM grant Tissue banking 1,451 10,900 2,127 l.iOO 170 740 7,365 2,302 288 1.229 60 63 600 58 1,260 682 770 234 1,125 2,800 1,800 781 2)8 2,850 425 .140 521 20,058 Other Postage and telephone PIO support CoTnputer software expenses Annual meeting expenses Printing and copving Accountancy f¢es Meeting room hire Stafl. expenses Legal and professional fees 2,229 143 1.194 1,668 144 1,465 898 390 3,804 638 998 4,071 352 2.100 360 775 102 7,255 14,076 Total resources expended 32.443 36,301 et inttsmel{expenditur¢) 7,948 (3.6881 Thi5 page does T]oi forni part of the swutory financial statements Page 16