| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 7 | to | 8 | |
| Notes to the Financial Statements | 9 | to | 14 | |
| Detailed Statement ofFinancial Activities | 15 | to | 16 |
| 31.12.20 | 31.12.19 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Youth | Futurity | Total | Total | ||||
| fund | Fund | Fund | filllds | funds | ||||
| Notes | ||||||||
| INCOME AND | ||||||||
| ENDOWMENTS | FROM | |||||||
| Donations and legacies |
11,580 | 11,580 | 16,281 | |||||
| Charitable activities |
||||||||
| Registration fees |
9,860 | 9,860 | 8,743 | |||||
| Other trading activities | 7,625 | 300 | 7,925 | 49,777 | ||||
| Investment income |
6 | |||||||
| Total | 29,065 | 300 | 29,365 | 74,807 | ||||
| EXPENDITURE | ON | |||||||
| Raising funds | 6 | 4,846 | 35 | 4,881 | 39,091 | |||
| Charitable activities |
||||||||
| Registration fees |
10,810 | 10,810 | 16,084 | |||||
| Other | 9,871 | 9,871 | 16,014 | |||||
| Total | 25,527 | "5 | 25,562 | 71,189 | ||||
| NKT INCOME | 3,538 | 265 | 3,803 | 3,618 | ||||
| RECONCILIATION | OF | |||||||
| FUNDS | ||||||||
| Total funds brought | forward | 23,577 | 7,387 | 2449 | 33,213 | 29,595 | ||
| TOTAL FUNDS CARRIED | ||||||||
| FORWARD | 27,115 | 7,387 | 2,514 | 37,016 | 33,213 |
| Balance | Sheet | ||||||
|---|---|---|---|---|---|---|---|
| 31December 2020 | |||||||
| 31.12.20 | 31.12.19 | ||||||
| Unrestricted | Youth | Futurity | Total | Total | |||
| fund | Fund | Fund | funds | funds | |||
| Notes | f. | ||||||
| FIXEDASSETS | |||||||
| Tangible assets | 10 | 263 | 263 | 255 | |||
| CURRENT ASSETS | |||||||
| Stocks Debtors Prepayments and accrued |
11 12 |
6,589 1,365 |
6,589 1,365 |
6,589 883 |
|||
| income | |||||||
| Cash at bank | 20,433 | 7,387 | 2,514 | 30 334 | 26,686 | ||
| 28,387 | 7,387 | 2,514 | 38,288 | 34,158 | |||
| CREDITORS | |||||||
| Amounts falling due within |
one | ||||||
| year | (1,535) | (1,535) | (1,200) | ||||
| NET CURRENT ASSETS | 26,852 | 7,387 | 2,514 | 36,753 | 32,958 | ||
| TOTAL ASSETSLESS | |||||||
| CURRENT LIABILITIES | 27,115 | 7,387 | 2,514 | 37,016 | 33,213 | ||
| NET ASSETS | 27,115 | 7,387 | 2,514 | 37,016 | 33413 | ||
| FUNDS | 14 | ||||||
| Unrestricted funds Restricted funds |
27,115 9,901 |
23,577 9,636 |
|||||
| TOTAL FUNDS | 37,016 | 33,213 |
| Notes to the Financial Statements | Notes to the Financial Statements | - continued | |||||||
|---|---|---|---|---|---|---|---|---|---|
| for the Year | Ended 31December 2020 | ||||||||
| DONATIONS | AND LEGACIES | ||||||||
| 31.12.20 | 31.12.19 | ||||||||
| Gift aid | 764 | ||||||||
| Subscriptions | 11,580 | 15,517 | |||||||
| 11,580 | 16,281 | ||||||||
| 3. | OTHER TRADING ACTIVITIES | ||||||||
| 31.12.20 | 31.12.19 | ||||||||
| f, | |||||||||
| Merchandise | 288 | 303 | |||||||
| American QHA |
6,197 | 18,749 | |||||||
| Events | 5 | 29,066 | |||||||
| Youth fund | 21 | ||||||||
| Futurity fund |
300 | 300 | |||||||
| Other miscellaneous | income | 1,135 | 1,338 | ||||||
| 7,925 | 49,777 | ||||||||
| 4. | INVESTMENT | INCOME | |||||||
| 31.12.20 | 31.12.19 | ||||||||
| Deposit account | interest | 6 | |||||||
| 5. | INCOME FROM | CHARITABLE ACTIVITIES | |||||||
| 31.12.20 | 31.12.19 | ||||||||
| Activity | |||||||||
| Registration | fees | Registration | fees | 9,860 | 8,743 | ||||
| RAISING FUNDS | |||||||||
| Raising donations | and legacies | ||||||||
| 31.12.20 | 31.12.19 | ||||||||
| Merchandise | 226 | 228 | |||||||
| Subscriptions | paid | 585 | 562 | ||||||
| Journal | 1,982 | 2,678 | |||||||
| Events | 277 | 34,043 | |||||||
| Events —2019 |
652 | ||||||||
| Youth fund | 108 | ||||||||
| Futurity fund |
35 | 1,191 | |||||||
| Advertising | and | publicity | 1,124 | 281 | |||||
| 4,881 | 39,091 |
| Governance | |||||||
|---|---|---|---|---|---|---|---|
| Management | Finance | Other | costs | Totals | |||
| Other resources | expended | 18,358 | 229 | 342 | 1,752 | 20,681 | |
| &Registration | fees | ||||||
| 8. | NET INCOME |
| Trustees' expenses |
||
|---|---|---|
| 31.12.20 | 31.12.19 | |
| Trustees' expenses | 234 | 485 |
| TANGIBLE FIXEDASSETS | ||
| Computer | ||
| equipment | ||
| f, | ||
| COST | ||
| At 1 January 2020 |
2,354 | |
| Additions | 350 | |
| 2,704 | ||
| DEPRECIATION | ||
| At 1 January 2020 | 2,099 | |
| Charge for year | 342 | |
| At 31December 2020 | 2,441 | |
| NET BOOK VALUE | ||
| At 31December 2020 | 263 | |
| At 31December 2019 | 255 |
| UK Limited | ||||||
|---|---|---|---|---|---|---|
| Notes | to the Financial Statement | - continued | ||||
| for the Year Ended 31December 2020 | ||||||
| 11. | STOCKS | |||||
| 31.12.20 | 31.12.19 | |||||
| Stocks | 6,589 | 6,589 | ||||
| 12. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31.12.20 | 31.12.19 | |||||
| Trade debtors | 278 | 359 | ||||
| Prepaymenls | and accrued income | 1,087 | 524 | |||
| 1,365 | 883 | |||||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 31.12.20 | 31.12.19 | |||||
| Accrued expenses | 1,535 | 1400 | ||||
| 14. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1.1.20 | in funds | 31.12.20 | ||||
| Unrestricted | funds | |||||
| General fund | 23,577 | 3,538 | 27,115 | |||
| Restricted funds |
||||||
| Youth Fund | 7,387 | 7,387 | ||||
| Futurity Fund |
2,249 | 265 | 2,514 | |||
| 9,636 | 265 | 9,901 | ||||
| TOTAL FUNDS | 33213 | 3,803 | 37,016 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 29,065 | (25,527) | 3,538 | |||
| Restricted funds | ||||||
| Youth Fund | ||||||
| Futurity Fund |
300 | ~35) | 265 | |||
| 300 | ~35) | 265 | ||||
| TOTAL FUNDS | 29,365 | (25,562) | 3 803 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.1.19 | in 1'unds | funds | 31.12.19 | |||
| Unrestricted | funds | |||||
| General | fund | 17,516 | 6,061 | 23,577 | ||
| Restricted funds |
||||||
| Youth Fund Futurity Fund |
8,939 ~3140 |
(1,552) (891) |
7,387 ~249 |
|||
| 12,079 | ~2,443) | 9 636 | ||||
| TOTAL | FUNDS | ~29 595 | 3,618 | 33,213 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 74,487 | (68,426) | 6,061 | |
| Restricted funds |
||||
| Youth Fund Futurity Fund |
20 300 |
(1,572) (1,191) |
(1,552) (891) |
|
| 320 | (2,763) | ~2,443) | ||
| TOTAL FUNDS | 74,807 | ~71,189) | 3,618 |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.1.19 | in funds | funds | 31.12.20 | |||
| Unrestricted | funds | |||||
| General | fund | 17,516 | 9,599 | 27,115 | ||
| Restricted funds |
||||||
| Youth Fund Futurity Fund |
8,939 3,140 |
(1,552) ~626) |
7,387 2,514 |
|||
| 12,079 | (2,178) | 9,901 | ||||
| TOTAL | FUNDS | 29,595 | 7,421 | 37,016 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 103,552 | (93,953) | 9,599 | |
| Restricted funds |
||||
| Youth Fund Futurity Fund |
20 600 |
(1,572) ~1226) |
(1,552) ~626 |
|
| 620 | (2,798) | (2,178) | ||
| TOTAL FUNDS | 104,172 | (96,751) | 7,421 |
| Detailed Statement ofFin for the Year Ended 31 |
ancial Activities December 2020 |
|||||
|---|---|---|---|---|---|---|
| 31.1220 | 31.12.19 | |||||
| INCOME AND | ENDOWMENTS | |||||
| Donations and |
legacies | |||||
| Gift aid | 764 | |||||
| Subscriptions | 11,580 | 15,517 | ||||
| 11,580 | 16/81 | |||||
| Other trading | activities | |||||
| Merchandise | 288 | 303 | ||||
| American QHA Events Youth fund |
6,197 5 |
18,749 29,066 21 |
||||
| Futurity fund |
300 | 300 | ||||
| Other miscellaneous | income | 1,135 | 1,338 | |||
| 7,925 | 49,777 | |||||
| Investment income |
||||||
| Deposit account | interest | |||||
| Charitable activities |
||||||
| Registration fees |
9,860 | 8,743 | ||||
| Total incoming | resources | 29,365 | 74,807 | |||
| Raising donations | and legacies | |||||
| Merchandise | 226 | 228 | ||||
| Subscriptions paid |
585 | 562 | ||||
| Iournal Events Events —2019 |
1,982 277 652 |
2,678 34,043 |
||||
| Youth fund | 108 | |||||
| Futurity fund Advertising and |
publicity | 35 1,124 |
1,191 281 |
|||
| 4,881 | 39,091 | |||||
| Support costs | ||||||
| Management | ||||||
| Administrators expenses Office costs Printing and stationery Postage |
7,986 2,922 2,439 511 |
12,150 2,640 4,276 772 |
||||
| Insurance Telephone |
2,276 138 |
2,988 158 |
||||
| Computer expenses Carried forward |
591 16,863 |
1,696 24,680 |
| The American uarter Horse Association UK Limited |
|||||
|---|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | |||||
| for the Year Ended 31December 2020 | |||||
| 31.12.20 | 31.12.19 | ||||
| Management | |||||
| Brought forward Professional charges |
16,863 1,495 |
24,680 1 664 |
|||
| 18,358 | 26,344 | ||||
| Finance | |||||
| Bank charges | 229 | 367 | |||
| Other | |||||
| Computer equipment |
depreciation | 342 | 588 | ||
| Governance | costs | ||||
| Trustees'expenses Accountancy and legal fees Council travel and expenses |
234 789 729 |
485 1,151 3,163 |
|||
| 1,752 | 4,799 | ||||
| Total resources | expended | 25,562 | 71,189 | ||
| Net income | 3,803 | 3,618 |