2021-12-31-accounts - The American Quarter Horse Association UK Limited

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		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

				Statement ofFinancial Activities	Statement ofFinancial Activities
			for	tbe Year Ended 31December 2021
							31.12.21		31.12.20
				Unrestricted	Youth	Futurity	Total		Total
				fund	Fund	Fund	funds		funds
			Notes						6
INCOME	AND
ENDOWMENTS FROM
Donations	and legacies			20,511			20,511		11,580
Charitable	activities
Registration	fees			8,011			8,011		9,860
Other trading activities				31,929		2,250	34,179		7,925
Investment	income			I			I
Total				60,452		2,250	62,702	.	29,365
EXPENDITURE ON
Raising funds			6	30,940		1,331	32,271		4,881
Charitable	activities
Registration	fees			10,418			10,418		10,810
Other				11,211			11,211		9,871
Total				52,569		1,331	53,900		25,562
NET INCOME				7,883		919	8,802		3,803
RECONCILIATION		OF
FUNDS
Total funds brought		forward		27,115	7,387	2,514	37,016		33,213
TOTAL FUNDS CARRIED
FORWARD				34,998	7,387	3,433	45,818		37,016

			Balance Sheet	Balance Sheet
			31December 2021
						31.12.21	31.12.20
			Unrestricted	Youth	Futurity	Total	Total
			fund	Fund	Fund	fullds	funds
		Notes	6
FIXEDASSETS
Tangible assets		10	175			175	263
CURRENT	ASSETS
Stocks		11	6,589			6,589	6,589
Debtors		12	1,208			1,208	1,365
Prepayments	and accrued
income
Cash at bank			31,996	7,387	3,433	42,816	30,334
			39,793	7,387	3,433	50,613	38,288
CREDITORS
Amounts falling due within one
year		13	(4,970)			(4,970)	(1,535)
NET CURRENT ASSETS			34,823	7,387	3,433	45,643	36,753
TOTAL ASSETSLESS
CURRENT	LIABILITIES		34,998	7,387	3,433	45,818	37,016
NET ASSETS			34,998	7,387	3,433	45,818	37,016
FUNDS		14
Unrestricted	funds					34,998	27,115
Restricted funds						10,820	9,901
TOTAL FU	NDS					45,818	37016

7.	SUPPORT C	OSTS
						Governance
			Management	Finance	Other	costs	Totals
							6
	Other resources expended		19,340	497	88	1,706	21,631
	&Registration	fees
8.	NET INCOME
	Net income is stated after charging:
						31.12.21	31.12.20
						f.
	Depreciation	-owned assets				88	342

	There were no trustees'	for the year ended 31December 2021 nor for the year	for the year ended 31December 2021 nor for the year
	ended 31 December 2020.
	Trustees' expenses
		31.12.21	31.12.20
			8
	Trustees' expenses		234
10.	TANGIBLE FIXEDASSETS
			Computer
			equipment
	COST
	At 1 January 2021		2,704
	Additions
			2,704
	DEPRECIATION
	At 1 January 2021		2,441
	Charge for year		88
	At31December 2021		2,529
	NET BOOK VALUE
	At 31December 2021		175
	At 31December 2020		263

						fo	r the Year Ended 31December 202	1
11.	STOCKS
									31.12.21	31.12.20
									6
	Stocks								6,589	6,589
12.	DEBTORSt	AMOUNTS			FALLING DUE WITHIN ONE YEAR
									31.12.21	31.12.20
	Trade debtors								178	278
	Prepayments	and accrued			income				1,030	1,087
									1,208	1,365
13.	CREDITORS:		AMOUNTS FALLING DUE WITHIN ONE YEAR
									31.12.21	31.12.20
	Trade creditors								930
	Accrued expenses and deferred					income			4040	1 535
									4,970	1,535
14.	MOVEMENT		IN FUNDS
									Net
									movement	At
							At	1.1.21	in funds	31.12.21
										f.
	Unrestricted	funds
	General fund						27,115		7,883	34,998
	Restricted funds
	Youth Fund							7,387		7,387
	Futurity Fund							2,514	919	3,433
								9,901	919	10,820
	TOTALFUNDS						37,016		8,802	45,818
	Net movement		in funds,	included			in the above are as follows:
							Incoming		Resources	Movement
							resources		expended	in funds
									6
	Unrestricted	funds
	General fund						60,452		(52,569)	7,883
	Restricted funds
	Youth Fund
	Futurity Fund							2350	(1,331)	919
								2,250	~1,331)	919
	TOTAL FUNDS						522)2		~00	~2

				The American uarter Horse Association UK Limited
				Detailed Statement ofFinancial Activities
				for the Year Ended 31December 2021
					31.12.21	31.12.20
INCOME AND		ENDOWMENTS
Donations and	legacies
Donations					5,022
Subscriptions					15,489	11,580
					20,511	11,580
Other trading	activities
Merchandise					733	288
American QHA					3,558	6,197
Events					27,260	5
Futurity fund					2,250	300
Other miscellaneous			income		378	1,135
					34,179	7,925
Investment income
Deposit account		interest
Charitable activities
Registration fees					8,011	9,860
Total incoming		resources			62,702	29,365
EXPENDITURE
Raising donations			and legacies
Merchandise					862	226
Subscriptions paid					511	585
Journal					2,508	1,982
Events					26,075	277
Events —2019						652
Futurity fund					1,331	35
Advertising and		publicity			984	1,124
					32,271	4,881
Support costs
Management
Administrators		expenses			8,380	7,986
Bookkeeping	fees				3,049	2,922
Printing and stationery					2,416	2,439
Postage					211	511
Insurance					2,579	2,276
Telephone					138	138
Computer expenses					441	591
Carried forward					17,214	16,863

			The American uarter Horse Association UK Limited	The American uarter Horse Association UK Limited
			Detailed Statement ofFinancial Activities
			for the Year Ended 31December	ZOZ1
					31.12.21	31.12.20
Management
Brought forward					17,214	16,863
Professional	charges				2,126	1,495
					19,340	18,358
Finance
Bank charges					495	229
Other
Computer equipment		depreciation				342
Governance	costs
Trustees' expenses						234
Accountancy	and legal fees				1,547	789
Council travel and expenses					159	729
					1,706	1,752
Total resources	expended				53,900	25,562
Net income					8,802	3,803