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||||Page|
|---|---|---|---|
|Reference and administrative||information||
|Trustees'
Annual
Report||||
|Independent|Auditors'
Report||32|
|Consolidated|Statement of Financial Activities||36|
|Consolidated|Balance Sheet||37|
|Charity Balance Sheet|||38|
|Consolidated|Statement ofCash Flows||39|
|Notes to the|Financial Statements||40|
##
##
##
|Trustees:||Damian
Aspinall|(Chair)|(Chair)|||
|---|---|---|---|---|---|---|
|||Robin Birley
(resigned|||1|May 2023)|
|||Charles
Filmer|||||
|||Ben Goldsmith|(resigned|||1 May 2023)|
|||Tansy Aspinall|||||
|||Maarten
Petermann|||||
|Charity number:||326567|||||
|Registered|office:|Port Lympne Reserve|||||
|||Lympne|||||
|||Nr. Ashford|||||
|||Kent|||||
|||CT 21 4PD|||||
|Auditors:||Goldwins
Limited|||||
|||75 Maygrove
Road|||||
|||West Hampstead|||||
|||London|||||
|||NW6 2EG|||||
|Bankers||Barclays Bank pic|||||
|||93Baker Street|||||
|||London|||||
|||W1A4SD|||||
|Solicitors||Girlings Solicitors|LLP||||
|||Stourside Place|||||
|||Station Road|||||
|||Ashford|||||
|||Kent|||||
|||TN23 1PP|||||
|Investment|advisors|Slater Investment|Limited||||
|||Nicholas House|||||
|||3Laurence
Pountney||Hill|||
|||London|||||
|||EC4R OEU|||||
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||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Funds|Funds|
|||||Note|Funds|Funds|2022|2021|
||||||F.'000|F'000|F.'000|F'000|
|Income from:|||||||||
|Donations
and legacies|||||1,500|247|1,747|1,917|
|Other trading
activities|||||37||37|51|
|Investment
income|||||137||137|357|
|Total income|||||1,674|247|1,921|2,325|
|Expenditure
on:|||||||||
|Raising funds|||||904||904|843|
|Charitable
activities|||||2,087|104|2,191|2,436|
|Total expenditure|||||2,991|104|3,095|3,279|
|Net gains/(losses)|on|investments||12|(2,210)||(2,210)|2,025|
|Net income/(expenditure)|||for the year||(3,527)|143|(3,384)|1,071|
|Other gains/(losses)|||||27||27|(15)|
|Net movement
in|funds||||(3,500)|143|(3,357)|1,056|
|Reconciliation
of|funds:|||28|||||
|Total funds brought||forward|||38,262|469|38,731|37,675|
|Total funds carried forward|||||34,762|612|35,374|38,731|
##
##
|||||Notes|2022||2021||
|---|---|---|---|---|---|---|---|---|
||||||F'000|E'000|f.'000|6'000|
|Fixed assets|||||||||
|Tangible assets||||10||24,416||24,576|
|Investments||||12||9,805||9,985|
|||||||34,221||34,561|
|Current assets|||||||||
|Stock||||16|15||||
|Debtors||||14|1,528||1,871||
|Cash at bank and|in hand||||1,008||4,773||
|C dit:|t|fI gd|gh(|rr|2,551
~648||6,644
1,224||
|year|||||||||
|Net current assets||||||1,903||5,420|
|Total assets less|current liabilities|||||36,124||39,981|
|Creditors: amounts||falling due|after more than||||||
|one year||||20||(750)||(1,250)|
|Total net assets||||||35,374||38,731|
|Funds ofthe Charity|||||||||
|Restricted funds||||28||612||469|
|Unrestricted
funds:||||28|||||
|General reserves|||||21,566||25,066||
|Revaluation
reserve|||||13196||13,196||
|Total unrestricted|funds|||||34,762||38,262|
|Total funds||||||35,374||38,731|
##
|||||Notes|2022||2021||
|---|---|---|---|---|---|---|---|---|
||||||6'000|k'000|E'000|F'000|
|Fixed assets|||||||||
|Tangible assets||||11||24,416||24,576|
|Investments||||13||9,805||9,985|
|||||||34,221||34,561|
|Current assets|||||||||
|Stock||||17|15||||
|Debtors||||15|1,528||1,871||
|Cash at bank and|in hand||||864||4,629||
||||||2,407||6,500||
|Creditors: amounts||falling|due within one||||||
|year||||19|(648)||(1,224)||
|Net current assets||||||1,759||5,276|
|Total assets less|cunent||liabilities|||35,980||39,837|
|Creditors: amounts||falling|due after more||||||
|than one year||||21||(750)||(1,250)|
|Total net assets||||||35,230||38,587|
|Funds ofthe Charity|||||||||
|Restricted funds||||29||508||365|
|Unrestricted
funds:||||29|||||
|General reserves|||||21,526||25,026||
|Revaluation
reserve|||||13,196||13,196||
|Total unrestricted|funds|||||34,722||38,222|
|Total funds||||||35,230||38,587|
##
##
|||||2022|2022|2021|2021|
|---|---|---|---|---|---|---|---|
||||Notes|6'000|F000|F'000|6'000|
|Cash flows from operating
activities:||||||||
|Net cash provided
by / (used in) operating||activities|22||(1,895)||(749)|
|Cash flows from investing
activities:||||||||
|Interest/
rent/ dividends
from investments||||137||357||
|Sale/ (purchase) offixed assets investments
Sale/ (purchase) offixed assets||||(2,030)
~4||2,453
~36||
|Cash provided
by / (used in) investing|activities||||1,897||2,774|
|Change
in cash and cash equivalents|in the year||||(3,792)||2,025|
|Cash and cash equivalents
at the beginning||ofthe year|||4,773||2,763|
|Change
in cash and cash equivalents
due||to exchange|rate movements||27||(15)|
|Cash and cash equivalents
at the end|ofthe year||23||1,008||4,773|
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|2|Detailed comparative|s
for the statement of|financial activities||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total||
||||Funds|Funds|Funds||
||||L'000|L'000|6'000||
||Income from:||||||
||Donations
and legacies||1,544|373|1,917||
||Other trading
activities||51||51||
||Investment
income||357||357||
||Total income||1,952|373|2,325||
||Expenditure
on:||||||
||Raising funds||843||843||
||Charitable
activities||2,179|257|2,436||
||Total expenditure||3,022|257|3,279||
||Net gains
/ (losses) on investments||2,025||2,025||
||Net income for the year||955|116|1,071||
||Other gains/losses||(15)||(15)||
||Net movement
in funds||940|116|1,056||
||Reconciliation
offunds:||||||
||Total funds brought|forward|37,322|353|37,675||
||Total funds carried forward||38,262|469|38,731||
|3|Income from donations||||||
||||||2022|2021|
||||||f.'000|f.'000|
||Legacies||||158|300|
||Donations||||1,365|1,477|
||Animal sponsorships||||224|129|
||Grants|||||11|
||||||1,747|1,917|
||||||2022|2021|
|4|Income from other trading activities||||F'000|F'000|
||Other||||37|51|
||||||37|51|
##
##
|5|Income|from|investments|investments|investments||||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||F'000|||F'000|
||Income|from listed investments|||||||||||30||257|
||Rental income||||||||||||54||56|
||Interest|on loans|||||||||||53||44|
||||||||||||||137||357|
|6|Expenditure|||||||||||||||
|||||||Raisin|Funds||Charitable|Activities||||||
|||||||Costs of|||TAF|t»ner||||||
||||||basis of|Gsnsruuna||Costs of|Overseas|Char»abls||Governance||||
||||||Auocstion|Funds||Investment|Fl'oiocts|projects|Support Costs|Costs|2022||2021 Total|
||||||||f'000|F'000|F'000|f'000|f'000|f000|f'000||f'000|
||Costa directly allocated to|||||||||||||||
||acbvities|||||||||||||||
||Staff costs||||Direct||326||377||116|||819|778|
||Fundrsising|costs|||Direct||305|||||||305|281|
||Donaticns||||Direct||||1,012||||1,012||957|
||Maintenance||||Dllact||||||65|||65|52|
||Depreciation||||Direct||||||164|||164|167|
||Legal and professional|||fees|Dimct||||||156|243||399|640|
||Support costs allocated to|||||||||||||||
||acbvities||||Income/|||||||||||
||Other omrheads||||Dimct||30||91|124|86|||||
||||||||661||1,480|124|587|243|3,095||3,279|
||Support costs||||||172|||415|(587)|||||
||Governance|costs|||||71|||172||(243)||||
||Total expenditure||2022||||||1,480|711|||3,095|||
||Total expenditure||2021|||||3|1,386|1,050|||||3,279|
##
|Net income
/ (expenditure)|for the year|||
|---|---|---|---|
|||2022|2021|
|This is stated after charging|I (crediting):|f.'000|f.'000|
|Auditors'
remuneration||10|10|
|Depreciation||164|167|
##
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|Analysis
of staff costs, trustee
remuneration
and
personnel|expenses,
and the cost of key mana|gement|
|---|---|---|
||2022|2021|
||F.'000|F.'000|
|Salaries and wages|721|697|
|Social security costs|64|55|
|Pension costs|21|19|
|Other staff costs|13|7|
||819|778|
|f70,000 -f79,999||
|---|---|
|F80,000 - F89,999||
|The average
number ofemployees|during the period was:|
|2022|2021|
|---|---|
|No.|No.|
|2022|2021|
|No.|No.|
|22|22|
##
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##
||Freehold|||Furniture,||
|---|---|---|---|---|---|
||and Long|||Fixtures,||
||Leasehold|F&ne|Motor|and||
||Property|Art|Vehicles|Equipment|Total|
||F.'000|F'000|F'000|F'000|F'000|
|Cost||||||
|At 1 January 2022|22,966|3,108|36|120|26,230|
|Additions||||4|4|
|Disposals||||||
|At 31 December 2022|22,966|3,108|36|124|26,234|
|Depreciation||||||
|At 1 January 2022|1,564|||81|1,654|
|Charge for the year|145|||10|164|
|At 31 December 2022|1,709||18|91|1,818|
|Net Book Value||||||
|At 31 December 2022|21,257|3,108|18|33|24,416|
|At 31 December 2021|21,402|3,108|27|39|24,576|
##
||Freehold|||Furniture,||
|---|---|---|---|---|---|
||and Long|||Fixtures,||
||Leasehold|Fine|Motor|and||
||Property|Art|Vehicles|Equipment|Total|
||F'000|F'000|F'000|F'000|F'000|
|Cost||||||
|At 1 January 2022|22,966|3,108|36|120|26,230|
|Additions||||4|4|
|Disposals||||||
|At 31 December 2022|22,966|3,108|36|124|26,234|
|Depreciation||||||
|At 1 January 2022|1,564|||81|1,654|
|Charge for the year|145|||10|164|
|At 31 December 2022|1,709||18|91|1,818|
|Net Book Value||||||
|At 31 December 2022|21,257|3,108|18|33|24,416|
|At 31 December 2021|21,402|3,108|27|39|24,576|
##
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##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||F'000|F'000|
||Investments|at fair value||||||
||Listed investments||- UK|||9,691|9,871|
||Unlisted
investments||at Trustees'||valuation|114|114|
|||||||9,805|9,985|
||Movements|||||||
||Market value|at 1 January||2022||9,985|10,413|
||Additions|||||2,030|264|
||Disposals||||||(2,717)|
||Net investment|gains/(losses)||||2,210|2,025|
||Market value|at 31|December 2022|||9805|9985|
|13|Fixed Asset Investments|||-Charity||||
|||||||2022|2021|
|||||||F'000|F'000|
||Investments|at fair value||||||
||Listed investments||- UK|||9,691|9,871|
||Unlisted
investments||at Trustees'||valuation|114|114|
|||||||9,805|9,985|
||Movements|||||||
||Market value|at 1 January||2022||9,985|10,413|
||Additions|||||2,030|264|
||Disposals||||||(2,717)|
||Net investment|gains/(losses)||||2,210|2,025|
||Market value|at 31|December 2022|||9805|9985|
|14|Debtors
-Group|||||||
|||||||2022|2021|
|||||||F'000|F'000|
||Trade debtors|||||6|109|
||Long term debtors|||||1,250|1,750|
||Other debtors|||||272|12|
|||||||1,528|1,871|
|15|Debtors
-Charity|||||||
|||||||2022|2021|
|||||||F'000|F'000|
||Trade debtors|||||6|109|
||Long term debtors|||||1,250|1,750|
||Other debtors|||||272|12|
|||||||1,528|1,871|
##
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##
|16|Stock - Group||||
|---|---|---|---|---|
||||2022|2021|
||||F'000|F'000|
||Stock||15||
|17|Stock - Charity||||
||||2022|2021|
||||F'000|F'000|
||Stock||15||
|18|Creditors: amounts|falling due within one year - Group|||
||||2022|2021|
||||F'000|F'000|
||Bank loans and overdraft||508|501|
||Trade creditors||51|443|
||Other creditors||3|3|
||Other taxes and social security||15|20|
||Accruals||71|257|
||||648|1,224|
|19|Creditors: amounts|falling due within one year - Charity|||
||||2022|2021|
||||F'000|F'000|
||Bank loans and overdraft||508|501|
||Trade creditors||51|443|
||Other creditors||3|3|
||Other taxes and social security||15|20|
||Accruals||71|257|
||||648|1,224|
|20|Creditors: amounts|falling due after more than one year - Group|||
||||2022|2021|
||||F'000|F'000|
||Bank loans||750|1,250|
||||750|1,250|
|21|Creditors: amounts|falling due after more than one year - Charity|||
||||2022|2021|
||||F'000|F'000|
||Bank loans||750|1,250|
||||750|1,250|
##
##
##
|Reconciliation
ofne|t income
/ (expendit|ure)
to net cash flow fro|m operating
activities||
|---|---|---|---|---|
||||2022|2021|
||||F.'000|F.'000|
|Net income/(expenditure)
for the reporting||period|(3,384)|1,071|
|Interest,
rent and dividends
from investments|||(137)|(357)|
|Depreciation
charges|||164|167|
|(Gains)/ losses on investments|||2,210|(2,025)|
|(Increase)
/ decrease|in debtors||343|333|
|(Increase)
/ decrease|in stock||(15)||
|Increase
/ (decrease)|in creditors||1,076|62|
|Net cash provided
by|/ (used in) operating|activities|1,895|749|
##
##
|Total|Total|
|---|---|
|2022|2021|
|F'000|F'000|
|1,008|4,773|
|1,008|4,773|
##
|Analysis|of Net Assets between
Funds
-Gro|up|||
|---|---|---|---|---|
|||General|Restricted|Total|
|||Funds|Funds|2022|
|||F'000|F'000|F'000|
|Tangible|fixed assets|24,416||24,416|
|Investments||9,805||9,805|
|Current|assets|1,939|612|2,551|
|Current|liabilities|(648)||(648)|
|Non-current
liabilities||750||750|
|At 31 December 2022||34,762|612|35,374|
##
|Analysis|of Net Assets between
Funds
-Gro|up 2021|||
|---|---|---|---|---|
|||General|Restricted|Total|
|||Funds|Funds|2022|
|||F'000|F'000|F'000|
|Tangible|fixed assets|24,576||24,576|
|Investments||9,985||9,985|
|Current|assets|6,175|469|6,644|
|Current|liabilities|(1,224)||(1,224)|
|Non-current
liabilities||1,250||1,250|
|At 31 December 2021||38,262|469|38,731|
##
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##
##
|Analysis|of Net Assets between
Funds
-Cha|rity|||
|---|---|---|---|---|
|||General|Restricted|Total|
|||Funds|Funds|2022|
|||F'000|E'000|E'000|
|Tangible|fixed assets|24,416||24,416|
|Investments||9,805||9,805|
|Current|assets|1,899|508|2,407|
|Current|liabilities|(648)||(648)|
|Non-current
liabilities||750||750|
|At 31 December 2021||34,722|508|35,230|
##
|Analysis|of Net Assets between
Funds - Cha|rity 2021|||
|---|---|---|---|---|
|||General|Restricted|Total|
|||Funds|Funds|2019|
|||E'000|E'000|E'000|
|Tangible|fixed assets|24,576||24,576|
|Investments||9,985||9,985|
|Current|assets|6,135|365|6,500|
|Current|liabilities|(1,224)||(1,224)|
|Non-current
liabilities||1,250||1,250|
|At 31 December 2021||38,222|365|38,587|
##
|Movement|in|Fu|nds - Group||||||
|---|---|---|---|---|---|---|---|---|
|||||At the|||||
|||||start ofthe||Expenses 8||At the end|
|||||year Income & gains||losses|Transfers|ofthe year|
|||||E'000|E'000|E'000|E'000|E'000|
|Restdcted|funds:|||469|247|(104)||612|
|Total restricted||funds||469|247|(104)||612|
|Unrestricted|funds:||||||||
|General funds||||38,262|1,701|(5,201)||34,762|
|Total unrestricted|||funds|38,262|1,701|(5,201)||34,762|
|Total funds||||38,731|1,948|5,305||35,374|
##
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##
|Movement|in|Fu|nds - Charity||||||
|---|---|---|---|---|---|---|---|---|
|||||At the|||||
|||||start ofthe||Expenses &|Transfers|At the end|
|||||year Income & gains||losses||ofthe year|
|||||6'000|f'000|f'000|f'000|f'000|
|Restricted|funds:|||365|247|(104)||508|
|Total restricted||funds||365|247|(104)||508|
|Unrestricted|funds:||||||||
|General funds||||38,222|1,701|(5,201)||34,722|
|Total unrestricted|||funds|38,222|1,701|(5,201)||34,722|
|Total funds||||38,587|1,948|5,305||35,230|
##
|olidated
accounts,
management
ared.|accounts
for the
period
ending
|31 December
2022 ha|ve
been|
|---|---|---|---|
|||2022|2021|
|||E'000|E'000|
|Assets at 31 December 2022||144|144|
|Liabilities at 31 December 2022||||
|Reserves at 31 December 2022||144|144|
|Gross income for the period ending|31 December 2022|259|330|
|Expenditure
for the period ending 31 December 2022||258|186|
|Surplus for the period ending 31 December 2022||1|144|
##
##