2022-09-30-accounts

		Contents
			Page
Notice ofAnnual General Meeting
Charity Infamailon
Chairman's Report
Trustees' Report			6-13
Statement of Trustees'	Rssponsibilldss		14
Independent Auditors'	Report		15-17
Statement ofFinancial	Acti&Ides		18
Balance Sheet			19
Statement ofcash Saws			20
Notes to the accounts			21 ~ 32

					Unrestricted	Reatrfcled	Total	Unrestricted	Restricted	Total
					funds	funds		funds	funds
				Notes	2822 6	2022 8	2022 6	2921 6	2921 f	2021 8
m ndn			men	from:
Charitabls acfvitles					527.193		527.193	4,757		4,757
Investments					268,144	1.437	269,581	232,564	1,628	234,192
Other Income								8,940		6,940
Total Income					795,337	1,437	796,774	244,261	1,628	245,889
Ixaegd(tuikgig
Raising funds				5	1,159,666		1.159.668	106,021		106,021
Charitable sc8vltles				6	295,384		2M,384	235,583		235,563
Total expenditure					1458,050		1,456,050	341.584		341,584
Net gains/(losses)		cn
investments				11	(1,080,882)	(8,646)	(1,089.528)	1,391,114	13.432	1,404,546
Net movement	In	funds			(1,741,595)	(7,209)	(1,748,804)	1,293,791	16,060	1,308,851
Fund balances at 1			October
2021					9,077,658	77,814	9,'165,472	7,783,868	62,753	7,846,621
Fund balances	at	38
September 2022					7,336,063	70,605	7,406,668	9.077,659	77,813	9,155,472

			2022
			2
Cash gows from operating	activities
Cash absorbed by operations		24		(S99,045)		(305,022)
Investing acSvttles
Purchase oftangible fixed cassia			(5,440)
purchase of Investment property					(149.472)
Purchase olother irwesbnents			(1,336,486)		(1,154,722)
Proceeds on disposal ofother invsslmenls			2,086,053		1,294,116
Interest received			289,5S1		234,192
Net cash generated from investing
acthrltiss				1,0'I3,728		224,114
Net cash used in financing	aclivities
Net increasel(decrease) in	cash end cash
equivalents				114.883		(80,906)
Cash and cash squlvalsnis	at begbr ning ofyear			19'l,523		272,431
Cash and cash squhralenis	at end ofyear			306408		191,523

4	Other inco	m	e
						Total	Unrestricted
							funds
						2022	2021
						tt	6
	CJRS grants		received				6,940
5	Raising funds
						Unrestricted	Unresbicted
						funds	funds
						2022	2021
						6	6
	Fundraisin		n	ublicii
	Shrewsbury		Flower		Show	1,106,444	59,736
						53,222	48,285
						1,159,668	105,021
6	Charitable	activities
						2022	2021
						6	6
	Deprectagon		and	Impairment		1,901	31,682
	Grant funding		of	aclivi5ss (see note 7)		16,000	14,000
	Share of support			costs (seenote 8)		265,451	181,540
	Share ofgovernance				costs (see note 8)	14,032	8.341
						296,384	235,563

								2022	2021
								8
	Grants to	ins5tu8ons:
	Royal Horticultural			Socfe5r				6.000	5,000
	Chartered	Institute		ofHorticulture				8,000	9,000
	Other							2,000
								15,000	14,000
	No grants	were paid to Individuals.
8	Support costs
				Support	Governance	2922	Support costs	Governance	2021
				costs	costs			costs
				8	5			2
	Statf costs			125,783		125,763	97,785		97,785
	Show support		costs	57,908		57,905	35,007		35,007
	Omce costs			81,?80		81,780	48.'748		48,748
	Audit fees				4.500	4.500		4,500	4,500
	Governance		costs		3,829	3.829		1,941	1,941
	Governance		support
	coals				5,703	6,703		1,900	1,900
				265.451	14,032	279,483	181,540	8,341	189,881
	Anslysed between
	Charitable	ac5vities		265,451	14,032	279,483	181,540	8,341	189,881

The averag	e monthly number ofemployees during th	e year was:
		2022	2021
		Number	Number
Permanent	oflice staff
Temporary	oflice staff
Temporary	event stsfl
		10	5
Employment costs		2022	2021
		8
Wages and	salaries	117,811	92,270
Social security costs		5,135	3,003
Other pension costs		2,817	2,512
		125,783	97,785

		Unrestricted	Restricted	Total	Unrestricted	stttcted	Total
		funds	funds		funds	funds
		2022	2022	2022		2021	2021
		8	8	8
Revaluation	of
investments		(1,530,801)	(9,302)	(1,539,903)	1,278.153	13,432	1,291,595
Gain/(toss) investmsrds	on sale of	449,719	656	450,375	10,923		10,923
RevaluaUon	of
investment	properties				102.028		102,028
		(1,080,882)	(8,848)	(1,089.528)	1,391,114	13,432	1,404,546

12	Tangible gxed assets	Tangible gxed assets
			Freehold lend	Plent end	Fhdures end	Telnl
			nnd buiksnaef	eovtpmenl f	Stanae f
	Cost
	At 1October 2021		263,725	266,101	106,851	62e,eyy
	Addleons				5339	5.439
	At 30September 2022		253,725	266,101	112,290	632.116
	Oeprsctaeon and impairment
	At 1 Octaber 2021			286,101	103,000	369,101
	Depreciation charged	in the year			1,903	1,903
	At 30September 2022			286,101	104,903	371,004
	Carrying amourrl At 30September 2022		253,725		7~7	281,112
	At 30September 2021		253,725			257,574
13	Investment property
	Fair value
	At 1October 2021 and	30September 2022				2.588,400

	2022	2021
	6	2
Freehold	2,588,400	2,588,400
Long leasehold
Shorl leasehold

Fixed asset investments
	Listed
	investmenls
	2
Cast orvsluagon
At 1 October 2021	6,108,045
Addillons	1,338,486
Realised pains/(losses)	450,376
Unrealised gains I(keses)	(1,539,903)
Disposals	(2,088.053)
At30Seplember 2022	4,268,931
Carrying amount
At 30September 2022	4,268,931
At 30September 2021	6,108,046

15	Financial	instruments				2021
						6
	Carrying	amount of	financial assets
	Instruments measured		atfair value through	profit or loss	4468,931	6,108,045
18	Debtors
						2021
	Amourds	fsglng dus	within one year:			2
	Trade debtors				18,445	7,780
	Other debtors				75,629	31.040
	Prepsymsnls and accrued income				6.885	18,309
					98,959	57,129

17	Cmdltors: amounts	Cmdltors: amounts	fatling	due within one year
							2022f	2021 8
	Other taxation and social security						6,389	1,138
	Deferred income					18	1,296	4,609
	Trade creditors							16,647
	Other creditors						1,469	955
	Accruals						60.788	23.950
							116,940	47,199
18	Deferred income
	Arising from Deferred Income						1,296	4,609
	Deferred income	is indudsd		in the financial statements	as follows
							2022	2021
							8	8
	Deferred income	is induded		within:
	Current llabili5es						1,296
	Movements in ths	year:
	Defened income at		1 October 2021				4,609	16,889
	Released from previous pedods						(4,609)	(16,889)
	Resources deferred		In ths year				1,296	4,609
	Deferred income at30September 2022						1,296	4,609

	donafions	and g	rants held on	trust forspe	cie purposes:
				ltlovemsnt	in funds		Illovement	in funds
			Balance at	lncomins	mnmlusuons,	Balance et	incemlna	Revaluations,	Balance at
		1October 2020		resoumes	Seine and1	October 2021	resources	Seine anu	00September
				f	losses f	f	f	losses f	2022 f
	Percy
	Thrower
	Shropshire Award		82,753	1,628	13~2	77,814	1437	(8,646)	70,605
21	Analysis ofnet		assets between funds
			Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2022 f	2822 f	2022 f	2021 f	2021	2021 f
	Fund balances at30
	September	2022 ars
	represented	by:
	Tangible assets			281,112		261,112	257,574		257,574
	Investment	properges		2,588,400		2,688,400	2,588,400		2,586,400
	Invastmenta			4,219,481	49,450	4,268,931	6,051,193	58,852	8,108,045
	Current aacele/(llabtltlea)			287,070	21,155	288225	180,492	20,961	201,453
				7,336,063	70,605	7,406,668	9,077,659	77,813	9,155,472

Atthe	repor	ting end date the socisiy hsd contracted	with tenants for the following minimum lease p	ayments:
			2022f	2021f
Within	one	year	22,109	22,109

Y~rrtn I~on Um' ld	Y~rrtn I~on Um' ld
A director of Yarrington Umited		is Mm	S Davles who is a Trustee		of the Sodety. The fee	relates to the
provision of msrkelng, tlckelng		and printing		services to Ihe society.	The contract was agreed	as part ofs
compeltlve tender process.
Cash generated from operations					2022	2021
					5	2
(Deficit)/surpus for lhe year					(1,748.804)	1,308,851
Adjustments for:
Invesbnsnt inaome recognised	in	slatement offinancial sc5vities			(269,581)	(234,192)
Gain on disposal afinvsstmenls					(450,375)	(10,923)
Fair value gains and losses on	investment properties					(102,028)
Fair value gains and losses on	investments				1,539,903	(1,201,595)
Depreciation and Impairment oftangible			fixed	as/nds	1,901	31,682
Movements In working capital:
(Increase)/decrease in debtors					(41,830)	16,630
Increase/(decrease) In credlors					73,054	(11,167)
(Decrease) In deferred income					(3,313)	(12,280)
Cash absorbed by operations					(899,045)	(305,022)