| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | I | to | 2 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | |||||
| Cash Flow Statement | |||||
| Notes to the Cash Flow | Statement | ||||
| Notes to the Financial | Statements | 8 | to | 14 | |
| Detailed Statement of | Financial Activities | 15 | to | 16 |
| for | the Ye | d 3 June 2 | 0 | |||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| fund | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 517,657 | 517,657 | 324,141 | ||||
| Investment | income | 163 | 163 | 205 | ||||
| Total | 517,820 | 517,820 | 324,346 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 4 | 10,835 | 10,835 | 5,513 | ||||
| Charitable | activities | |||||||
| General charity activities | ||||||||
| 259,063 | 259,063 | 266,813 | ||||||
| Total | 269,898 | 269,898 | 272,326 | |||||
| NET INCOME | 247,922 | 247,922 | 52,020 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds | brought forward | 138,756 | 138,756 | 86,736 | ||||
| TOTAL FUNDS CARRIED FORWARD | 386,678 | 386,678 | 138,756 |
| 30 | Jtttt~22 | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Notes | fundI | funds | funds | funds | ||
| FIXEDASSETS | ||||||
| Tangible assets | 12 | 11,651 | 11,651 | 13,524 | ||
| CURRENT ASSETS | ||||||
| Stocks | 13 | 2,802 | 2,802 | 239 | ||
| Prepayrnents and accrued income Cash at bank |
6,907 367,532 |
6,907 367,532 |
6,458 124,968 |
|||
| 377,241 | 377,241 | 131,665 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 14 | (2,214) | (2,214) | (6,433) | |
| NKT CURRENT ASSETS | 375,027 | 375,027 | 125,232 | |||
| TOTAL ASSETSLESS CURRENT | ||||||
| LIABILITIES | 386,678 | 386,678 | 138,756 | |||
| NET ASSETS | 386,678 | 386,678 | 138,756 | |||
| FUNDS | 15 | |||||
| Unrestricted funds |
386,678 | 138,756 | ||||
| TOTAL FUNDS | 386,678 | 138,756 |
| Ess | ex Hor | se dt Pon | Pr | tion | Susie | |||
|---|---|---|---|---|---|---|---|---|
| c~hFI | st | 1 | ||||||
| for th | r Ended 30June | 2022 | ||||||
| 2022 | 202 1. | |||||||
| Notes | ||||||||
| Cash flows from operating activities Cash generated from operations |
247,486 | 59,711 | ||||||
| Net cash provided by operating activities |
247,486 | 59,711 | ||||||
| Cash flows from investing Purchase oftangible fixed Interest received |
activities assets |
(5,085) 163 |
(17,438) 205 |
|||||
| Net cash used in investing | activities | (4,922) | (17,233) | |||||
| Change in cash and cash the reporting period |
equivalents | in | 242,564 | 42,478 | ||||
| Cash and cash equivalents beginning ofthe reporting |
at the period |
124,968 | 82,490 | |||||
| Cash and cash equivalents the reporting period |
at the end | of | 367,532 | 124,968 |
| Notes to the Cash Flow Statement for the Year Ended 30 June 2022 |
Notes to the Cash Flow Statement for the Year Ended 30 June 2022 |
||||
|---|---|---|---|---|---|
| RECONCILIATION | OF NET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | |||
| 2022 | 2021 | ||||
| 8 | |||||
| Net income for the Activities) |
reporting | period (as per the Statement ofFinancial | 247,922 | 52,020 | |
| Adjustments for: Depreciation charges Interest received |
6,958 (163) |
6,053 (205) |
|||
| (Increase)/decrease (Increase)/decrease (Decrease)/increase |
in in in |
stocks debtors creditors |
(2,563) (449) (4,219) |
586 1,105 152 |
|
| Net cash provided | by | operations | 247,486 | 59,711 |
| ANALYSIS OF CHANGES IN NET | FUNDS | ||
|---|---|---|---|
| At 1.7.21 | Cash flow | At 30.6.22 | |
| Net cash Cash at bank |
124,968 | 242,564 | 367,532 |
| 124,968 | 242,564 | 367,532 | |
| Total | 124,968 | 242,564 | 367,532 |
| 2. | DONATIONS AND LEGACIES |
|||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Donations & fund raising Gift aid |
91,253 3,582 |
119,176 1,422 |
||
| Bequests &legacies Grants &subsidies |
413,836 8,986 |
184,899 8,644 |
||
| Council Grant | 10,000 | |||
| 517,657 | 324,141 | |||
| 3. | INVESTMENT INCOME | |||
| 2022 | 2021 | |||
| Deposit account interest | 163 | 205 | ||
| 4. | RAISING FUNDS | |||
| Other trading activities | 2022 | 2021 | ||
| Purchases | 10,835 | 5,513 | ||
| 5. | CHARITABLE ACTIVITIES COSTS | |||
| Direct | Support | |||
| Costs (see | costs (see | |||
| note 6) | note 7) | Totals | ||
| 8 | ||||
| General charity activities | ||||
| 258,343 | 720 | 259,063 | ||
| 6. | DIRECT COSTS OF CHARITABLE ACTIVITIES | |||
| 2022 | 2021 | |||
| Staffcosts | 107,548 | 106,762 | ||
| Other operating leases insurance |
6,709 | 488 6,512 |
||
| Computer expenses Telephone Postage and stationery Vets fees, medicines &farrier Stabling &food Premises costs |
1,104 1,312 7,121 53,814 23,937 12,565 |
848 1,211 7,670 42,767 19,418 16,733 |
||
| Repairs Motor expenses &travel Legal &professional Finance charges Equipment hire Subscriptions &licences |
6,923 3,368 4,446 919 5,880 344 |
10,400 3,153 3,282 1,225 4,145 362 |
||
| Training | 823 | |||
| Carried forward | 236,813 | 224,976 |
| DIRECT COSTS OF CHARITABLE ACTIVITIES | -continued | |
|---|---|---|
| 2022 | 2021 | |
| Brought forward Clothing Fencing &groundwork Depreciation |
236,813 172 14,400 6,958 |
224,976 776 34,308 6,053 |
| 258,343 | 266,113 | |
| SUPPORT COSTS | ||
| Governance | ||
| costs | ||
| General charity activities | ||
| 720 |
| STAFFCOSTS | STAFFCOSTS | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| 8 | g | ||||||
| Wages and salaries Other pension costs |
105,759 1,789 |
105,227 1,535 |
|||||
| 107,548 | 106,762 | ||||||
| The average monthly | number ofemployees | during | the year was as follows: | ||||
| 2022 | 2021 | ||||||
| Full time staff | 6 | 6 | |||||
| No employees | received emoluments | in excess off60,000. |
| Notes to the Financial Statements -continued for the Year Ended 30June 2022 |
Notes to the Financial Statements -continued for the Year Ended 30June 2022 |
Notes to the Financial Statements -continued for the Year Ended 30June 2022 |
||
|---|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| fund | funds | fundsf | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
324,141 | 324,141 | ||
| Investment income |
205 | 205 | ||
| Total | 324,346 | 324,346 | ||
| EXPENDITURE ON | ||||
| Raising funds | 5,513 | 5,513 | ||
| Charitable activities |
||||
| General charity activities | ||||
| 266,813 | 266,813 | |||
| Total | 272,326 | 272,326 | ||
| NET INCOME | 52,020 | 52,020 | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought forward |
86,736 | 86,736 | ||
| TOTAL FUNDS CARRIED FORWARD | 138,756 | 138,756 |
| TANGIBLE FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|
| Fixtures | ||||||
| Plant and | arid | Motor | Computer | |||
| machinery | fittings | vehicles | equipment | Totals I |
||
| COST | ||||||
| At 1 July 2021 Additions |
32,255 2,449 |
8,340 2,636 |
32,819 | 2,859 | 76,273 5,085 |
|
| At 30June 2022 | 34,704 | 10,976 | 32,819 | 2,859 | 81,358 | |
| DEPRECIATION | ||||||
| At 1 July 2021 Charge for year |
24,489 4,700 |
3,657 1,830 |
32,380 110 |
2,223 318 |
62,749 6,958 |
|
| At 30June 2022 | 29,189 | 5,487 | 32,490 | 2,541 | 69,707 | |
| NKT BOOK VALUE | ||||||
| At 30June 2022 | 5,515 | 5,489 | 329 | 11,651 | ||
| At 30 June 2021 | 7,766 | 4,683 | 439 | 636 | 13,524 | |
| All fixed assets are used for direct charitable | purposes. | |||||
| STOCKS | ||||||
| 2022 | 2021 | |||||
| Stocks | 2,802 | 239 | ||||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||||
| 2022 | 2021 | |||||
| Taxation and social security Other creditors |
1,155 1,059 |
3,118 3,315 |
||||
| 2,214 | 6,433 | |||||
| MOVEMENT IN FUNDS | ||||||
| Net | ||||||
| movement | At | |||||
| At | 1.7.21 | in funds | 30.6.22 | |||
| Unrestricted funds |
||||||
| General fund | 138,756 | 247,922 | 386,678 | |||
| TOTAL FUNDS | 138,756 | 247,922 | 386,678 |
| Net move | ment | in funds, i | nc | lud | ed in the above |
are as follows: | |||
|---|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| g | g | ||||||||
| Unrestricted | funds | ||||||||
| General | fund | 517,820 | (269,898) | 247,922 | |||||
| TOTAL | FUNDS | 517,820 | (269,898) | 247,922 | |||||
| Comparatives | for movement | in funds | |||||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.7.20 | in funds | 30.6.21 | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 86,736 | 52,020 | 138,756 | |||||
| TOTAL | FUNDS | 86,736 | 52,020 | 138,756 | |||||
| Comparative | net movement | in | funds, included | in the above are | as follows: | ||||
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 324,346 | (272,326) | 52,020 | |||||
| TOTAL | FUNDS | 324,346 | (272,326) | 52,020 | |||||
| A current | year 12months | and | prior year 12months combined | position is as follows: | |||||
| Net | |||||||||
| movement | At | ||||||||
| At 1.7.20 | in funds | 30.6.22 | |||||||
| Unrestricted | funds | ||||||||
| General | fund | 86,736 | 299,942 | 386,678 | |||||
| TOTALFUNDS | 86,736 | 299,942 | 386,678 |
| A current yea as follows. ' |
r 12 months and prior year 12 |
months combined net movement in |
funds, included |
in the above |
|---|---|---|---|---|
| incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 842,166 | (542,224) | 299,942 | |
| TOTAL FUNDS | 842,166 | (542,224) | 299,942 |
he Year Ended |
30 June | |
|---|---|---|
| 2022 | 2021 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies Donations &fund raising Gift aid Bequests &.legacies Grants &subsidies Council Grant |
91,253 3,582 413,836 8,986 |
119,176 1,422 184,899 8,644 10,000 |
| 517,657 | 324,141 | |
| Investment income |
||
| Deposit account interest | 163 | 205 |
| Total incoming resources |
517,820 | 324,346 |
| EXPENDITURE | ||
| Other trading activities Purchases Fundraising expenses |
10,835 | 9 5,504 |
| 10,835 | 5,513 | |
| Charitable activities |
||
| Wages Pensions |
105,759 1,789 |
105,227 1,535 |
| Other operating leases Insurance |
6,709 | 488 6,512 |
| Computer expenses Telephone Postage and stationery Vets fees, medicines & farrier Stabling &food Premises costs |
1,104 1,312 7,121 53,814 23,937 12,565 |
848 1,211 7,670 42,767 19,418 16,733 |
| Repairs Motor expenses &travel Legal &professional Finance charges Equipment hire Subscriptions &licences Training Clothing Fencing &:groundwork Plant and machinery Fixtures and fittings Motor vehicles Computer equipment |
6,923 3,368 4,446 919 5,880 344 823 172 14,400 4,700 1,830 110 318 |
10,400 3,153 3,282 1,225 4, 145 362 776 34,308 4,028 1,561 146 318 |
| 258,343 | 266,113 |
| Detailed ment f f r the Yea |
Financi IActivities 30 une 2022 |
||
|---|---|---|---|
| 2022 | 2021 | ||
| Support costs | |||
| Governance | costs | ||
| Accountancy | and legal fees | 720 | 700 |
| Total resources | expended | 269,898 | 272,326 |
| Net income | 247,922 | 52,020 |