|||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|
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||||||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|
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||||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|
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|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|
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|||||||||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|
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|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|
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|||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|
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|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|
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||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|
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|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|
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||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|
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|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|
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|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)|
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