# ## |Twycross|Zoo - East Midland|Zoo - East Midland|Zoological Society Limited|Zoological Society Limited|| |---|---|---|---|---|---| |Co No: 1060956|||||| |Registered|Charity No: 501841||||Year ended 31December 2020| ||CONTENTS||||PAGE| ||Administration,|Officers||and Advisors|| ||Report ofthe|Trustees|||| ||Statement of|Trustees'||Responsibilities|14| ||Independent|Auditors|Report to the Members||| ||Consolidated|Statement||of Financial Activities|18| ||Consolidated|Group and Company
Balance Sheet|||19| ||Consolidated|Statement||of Cashflows|20| ||Accounting
Policies||||21| ||Notes to the Accounts||||26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||||||||||Iwitig"
"ri|Iwitig"
"ri||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Downturn|in the||UK and||/||~ Visitor number
reduction|||||||~|Ensure as many costs as possible can be|flexed with|| |or global|economy||||||~ Loss ofrevenue||||||||visitor numbers||| |adversely|affecting the||||UK||~ Lack offinancing|facilities||||||~|Engage with a strong targeted
marketing|campaign|| |tourist and leisure industry|||||||~ Unable to invest|in the Zoo's||||||~|Exploit the drive time markets||| ||||||||development
programme|||||||~|Keep the Zoo exhibits refreshed||| ||||||||~ Unable to maintain||the current Zoo site|||||~|Provide "Value added" for the ticket price||| ||||||||~ Unable to maintain||animal||collection||||||| ||||||||~ Lose core staff||||||||||| |The Zoo|does not retain||||its|~|Zoo closure is enforced|||||||~|Maintain
required
standards
as dictated
by the Zoo||| |Zoo licence|||||||||||||||Licensing Act||| |||||||||||||||~|Carryout
regular desktop compliance
reviews||| |||||||||||||||~|Car
out re ular trainin||| |There are insufficient||||cash||~|The Zoo could be|declared|||bankrupt|by||~|Maintain
an adequate
set level ofworking|capital.|| |funds available
to cash
flow the Zoo's business|||||||unpaid
creditors|||||||~|Cash reserves forecasts are set aside to enable cash
fiow management.||| |plan||||||||||||||~|Carryout
regular cash forecasting
of available||cash| ||||||||||||||||to determine
ade
uate levels.||| |Cash covenants|||are|||~ Reputational
damage|||with|funders||||~|Regular reviews ofcovenants
carried out|and|| |breached||||||~ Not able to deliver||the Zoo|||Development||||reported
to Board and Committee||| ||||||||plan impacting
negatively|||on visitor||||~|Regular reviews ofcash forecasting
reported
Committee||to| ||||||||revenue||||||||||| |||||||||||||||~|Regular Debt reviews
carried out||| |||||||||||||||~|Profit
rotection
lan monitored||| |Breach ofHealth|||&Safety|||~|The Zoo licence is revoked||||by the Local|||~|Contract with a "Critical" partner to provide||| |statutory|regulations||||||Authority||||||||compliance
assurance||| |||||||~|Investigation
and|prosecution
by Health &||||||~|Ensure adequate
H&S policies in place which||are| ||||||||Safety Executive||||||||implemented||| |||||||~|The Zoo incurs criminal charges and|||||||~|Regular and appropriate
H&S training
for|staff|| ||||||||financial
enalties||||||||||| |IT infrastructure|||is not|||~|There is a breakdown||of ITequipment|||due||~|Ensure sound. and capable IT infrastructure|and|| |adequate
business|to support the
operation|||||~
~|to age and
/ or inadequacy
equipment
Breach of ITsecurity ofthe
/ or loss ofdata
Loss ofrevenue||||ofthe
data held|and||~
~
~|support
Utilise in-house
and outsourced
solutions
for growth
and delivery
Long term planning
to replace
/ upgrade
solutions
Take timely and regular system back-ups
/
replications
appropriate
to the data and operation||| |||||||~|Reputational
damage|||||||~|Policy for data storage which is adhered
to including||| ||||||||||||||||an "off-site" option.||| |||||||||||||||~|Frequent
"patching" with "provider issued"|patching|| ||||||||||||||||to guard against unauthorised
access||| |||||||||||||||~|Develop "resilience" in to the system to ensure||| ||||||||||||||||business
continuity.||| |||||||||||||||~|Carryout
annual
scoping exercises to ensure||current| ||||||||||||||||IT infrastructure
is ade
uate||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Account) for the year ending 31D|ecember|2020||||| |---|---|---|---|---|---|---| ||||2020|||2019| ||Notes|Unrestricted|Restricted|Endowment|Total|Total| |INCOMING
RESOURCES||f|f||f|f| |FROM GENERATED FUNDS||||||| |Voluntary||||||| |Donations
&Gifts|2|449,439|||449,439|25,450| |CHARITABLE ACTIVITIES||||||| |Life Science, Education
and|3|6,443,066|||6,443,566|7,844,728| |Conservation
Welfare||||||| |Activities
ForGenerating
Funds||||||| |Retail &Catering|4|2,624,400|||2,624,400|3,900,263| |Government
Business
Support Grants||403,953|||403,953|| |Interest Received||5,525|||5,525|| |TOTAL INCOMING
RESOURCES||9,926,383|||9,926,883|11,770,441| |RESOURCES EXPENDED||||||| |COST OF GENERATING
FUNDS||||||| |Retail &Catering|4/5|(1,714,500)|||(1,714,500)|(2,676,145)| |CHARITABLE ACTIVITY||||||| |Life Science, Education
and
Conservation
Welfare|5/18|(7,708,207)|(132,524)||(7,840,731)|(8,528,835)| |GOVERNANCE
COSTS||(42,215)|||(42,215)|(50,789)| |CORPORATION
TAX||(39,727)|||(39,727)|| |TOTAL RESOURCES EXPENDED||(9,504,649)|(132,524)||(9,637,173)|(11,255,769)| |NET INCOMING/(OUTGOING)
RESOURCES||421,734|(132,024)||289,710|514,671| |Other recognised
gains and losses||||||| |Actuarialloss
on||||||| |revaluation
of pension||(60,000)|||(60,000)|(82,000)| |NET MOVEMENT IN FUNDS||361,734|(132,024)||229,710|432,671| |FUND BALANCES BROUGHT||||||| |FORWARD AT1JANUARY|18/19|20,238,108|2,949,030|100,000|23,287,138|22,854,466| |FUND BALANCES CARRIED
FORWARD AT31DECEMBER|18/19|20,599,842|2,817,006|100,000|23,516,848|23,287,137| ## |CONSOLIDATED GROUP AND|COMPANY|BALANCE SHEET|||| |---|---|---|---|---|---| |As at 31December 2020|||||| |||Group||Company|| ||Notes|2020|2019|2020|2019| |||f||f|f| |FIXED ASSETS|||||| |Intangible
Assets|11|80,652|150,531|80,652|150,531| |Tangible Assets|12|27,530,539|28,054,353|27,530,539|28,054,353| |Investments|13|||72,500|72,500| |||27,611,191|28,204,884|27,683,691|28,277,384| |CURRENT ASSETS|||||| |Stocks|14|125,549|97,096||| |Debtors|15|995,904|989,097|1,243,463|1,757,693| |Cash at Bank & In Hand||6,733,046|2,710,999|5,605,864|1,301,170| |||7,854,499|3,797,191|6,849,327|3,058,863| |CREDITORS: Amounts|||||| ||16|(2,192,143)|(1,638,227)|(1,713,594)|(1,426,523)| |NET CURRENT LIABILITIES||5,662,357|2,158,964|5,135,733|1,632,340| |TOTAL ASSETS LESS|||||| |CURRENT LIABILITIES||33,273,548|30,363,848|32,819,424|29,909,724| |CREDITORS: Amounts|||||| |falling due after more|17|(9,756,700)|(7,076,710)|(9,756,700)|(7,076,710)| |than one year|||||| |NET ASSETS||23,516,848|23,287,138|23,062,724|22,833,014| |FUNDS|||||| |Endowment
Fund|18|100,000|100,000|100,000|100,000| |Restricted
Funds|18|2,817,006|2,949,030|2,817,006|2,949,030| |Unrestricted
Funds|||||| |Designated|18|17,543,478|17,123,410|17,543,478|17,123,410| |Other|18|1,204,124|1,204,124|750,000|750,000| |Revaluation
Reserve|18|1,852,240|1,910,574|1,852,240|1,910,574| |||23,516,848|23,287,138|23,062,724|22,833,014| ## |CONSOLIDATED STATEMENT OF CASHFLOWS|CONSOLIDATED STATEMENT OF CASHFLOWS|||||| |---|---|---|---|---|---|---| |Forthe year ended 31December|2020|||||| |||||Notes|2020|2019| |CASHFLOWS FROM OPERATING|ACTIVITIES||||f|f| |NET CASH PROVIDED BYOPERATING
ACTIVITIES||||22|1,768,189|1,905,311| |CASH FLOWS FROM INVESTING|ACTIVIT'IES|||||| |Cash paid to acquire intangible|and tangible fixed||assets||(605,726)|(1,103,601)| ||||||(605,726)|(1,103,601)| |CASH FLOWS FROM FINANCING|ACTIVITIES|||||| |Net cash inflows from new bank borrowings|||||3,000,000|5,535,583| |Repayments
of bank borrowings
and repayment
principal
amounts
offinance leases and capital||of
creditors|||(140,416)|(5,815,613)| |NET CASH PROVIDED BY/(USED|IN) FINANCING|ACTIVITIES|||2,859,584|(280,030)| |Change
in cash and cash equivalents
in the reporting
period||||22|4,022,047|521,680| |CASH AND CASH EQUIVALENTS|ATTHE END OF|THE||22|6,733,046|2,710,999| |REPORTING PERIOD||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |CONSOLIDATED
STATEMENT OF
Account) for the year ending 31|FINANCIAL
ACTIVIT
December 2019|IES (Incorporating|Consolidated
In|come and Expe| |---|---|---|---|---| |||2019||| ||Unrestricted|Restricted|Endowment|Total| |INCOMING
RESOURCES||||| |FROM GENERATED FUNDS||||| |Voluntary||||| |Donations
&Gifts|21,950|3,500||25,450| |CHARITABLE ACTIVITIES||||| |Life Science, Education
and||||| |Conservation
Welfare|7,829,856|14,872||7,844,728| |Activities
For Generating
Funds||||| |Retail &Catering|3,900,263|||3,900,263| |Government
Business Support||||| |Grants||||| |Investment
Income||||| |TOTAL INCOMING
RESOURCES|11,752,069|18,372||11,770,441| |RESOURCES EXPENDED||||| |COST OF GENERATING
FUNDS||||| |Retail &Catering|2,676,145|||2,676,145| |CHARITABLE ACTIVITY||||| |Life Science, Education
and
Conservation
Welfare|8,579,624|||8,579,624| |GOVERNANCE
COSTS||||| |OTHER RESOURCES EXPENDED||||| |TOTAL RESOURCES EXPENDED|11,255,769|||11,255,769| |NET INCOMING/(OUTGOING)||||| |RESOURCES|496,300|18,372||514,672| |Other recognised
gains and losses||||| |Actuarial
loss on
revaluation
ofpension
liability|(82,000)|||(82,000)| |Corporation
Tax||||| |NET MOVEMENT
IN FUNDS|414,300|18,372||432,672| |FUND BALANCES BROUGHT
FORWARD AT 1JANUARY|19,823,808|2,930,658|100,000|22,854,466| |FUND BALANCES CARRIED
FORWARD AT31DECEMBER|20,238,108|2,949,030|100,000|23,287,138| ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||||f|f| |Donations|&.|Gifts|||372,095|9,681| |Legacies|||||77,343|15,769| ||||||449,439|25,450| |3.
CHARITABLE ACTIVITIES||||||| ||||||2020|2019| |Unrestricted||Income||||f| |Gate Admissions|||and Donations||5,204,575|6,061,840| |Gift Aid|||||582,508|675,729| |Membership||and|adoptions||471,011|567,331| |Educational|visits||||7,338|79,411| |Other Income|||||177,633|445,545| ||||||6,443,066|7,829,856| |Restricted|Income|||||| |Research and||Conservation||Grants|500|14,872| ||||||6,443,566|7,844,728| ## ## |RETAIL &C|ATERING|||||| |---|---|---|---|---|---|---| ||||||2020|2019| ||||||f|f| |Turnover|||||2,624,400|3,900,263| |Government|Grants||||46,585|| |Cost ofSales|||||(1,500,378)|(2,417,946)| |Gross Profit|||||1,170,607|1,482,318| |Administrative|Expenses||||(492,162)|(648,226)| |Corporation|Tax||||(39,727)|| |Net Profit|||||638,718|834,092| |Reconciliation to SOFA||||||| |Cost ofsales|||||1,500,378|2,417,946| |Administrative|Expenses||||492,162|648,226| ||||||1,992,540|3,066,171| |Less rent payable to parent|||||(262,440)|(352,034)| |Less auditor's|remuneration|analysed|as governance|costs|(15,600)|| |Less other costs recharged||||||(37,992)| ||||||1,714,500|2,676,145| ## ## ||||Life Science,||| |---|---|---|---|---|---| |||Retail &|education
and||| |||Catering|conservation|2020|2019| |||Costs|welfare costs|Total Costs|Total Costs| |COSTS DIRECTLY ALLOCATED TO ACTIVITIES||f|f|f|f| |Life Science|||438,158|438,158|565,982| |Building Expenses|||1,514,860|1,514,860|1,646,050| |Retail & Catering||1,500,378||1,500,378|2,441,282| |Advertising
&|Publicity||639,379|639,379|623,858| |Legal & Professional|||101,403|101,403|191,578| |||1,500,378|2,693,799|4,194,177|5,468,750| |SUPPORT COSTS ALLOCATED TO ACTIVITIES|||||| |Staff Costs||198,497|2,642,533|2,841,030|3,200,590| |Office Expenses||15,624|805,122|820,747|732,737| |Irrecoverable|Vat||255,615|255,615|461,263| |Depreciation|||1,138,144|1,138,144|1,082,853| |Fixed Asset Disposal|||||| |Finance Costs|||305,518|305,518|258,787| |Other support|costs||||| |||214,122|5,146,932|5,361,054|5,736,230| |2020 Totals||1,714,500|7,840,731|9,555,231|11,204,980| |2019Totals||2,676,145|8,528,835||11,204,980| ## |otes to the Accounts (co|n|tinued)||| |---|---|---|---|---| |6.
NET INCOME||||| ||||2020|2019| ||||f|f| |Net income is stated after||charging:||| |Operating
lease rentals||||| |- plant and machinery|||48,538|29,124| |Auditors'
remuneration||||| |-for audit services|||39,000|39,000| |-for non-audit
services||||| |Depreciation
oftangible|fixed assets|||| |-leased assets|||14,351|14,351| |-owned assets|||1,115,190|1,048,582| |Amortisation
ofintangible||assets|69,878|34,271| |Cost ofstock recognised|as an expense||418,661|561,466| |7.
INTEREST EXPENDITURE||||| ||||2020|2019| ||||f|f| |Interest on bank loans and overdrafts|||236,609|215,299| |Other bank, interest and|finance lease charges||61,910|34,488| |Pension net interest expense (note 25)|||7,000|9,000| ||||305,518|258,787| |Notes to the Accounts (continued)|Notes to the Accounts (continued)||| |---|---|---|---| |8.
TAXATION|||| |Twycross Zoo East Midlands|Zoological Society|2020|2019| |(The Company)|||| |Current tax:|||| |UK corporation
tax on profits of period|||| |Factors affecting tax charge|for the period||| |The charity is exempt from|tax on income and gains falling within section 505 ofthe Taxes Act||| |1988or section 252 ofthe|Taxation ofChargeable|Gains Act 1992to the extent that these are|| |applied to its charitable
objects.|||| |Zoo Park (Twycross) Ltd|||| |Profit on ordinary
activities
ofZoo Park (Twycross)
Ltd|before taxation|678,455|834,092| |Tax at 19%(2019:19%)on|profit|128,906|158,477| |Exempt under gift aid||(89,179)|(158,477)| |Corporation
tax||39,727|| ## ## |Group staff costs:|2020|2019| |---|---|---| ||f|f| |Wages and salaries|2,721,988|2,892,395| |Social security costs|198,712|203,598| |Pension costs|103,475|104,597| ||3,024,175|3,200,590| |Higher paid employees||| |Salary Range|2020|2019| |f150,000-f159,999||| |f110,000-f119,999||| |f90,000 - f99,999||| |f80,000-f89,999||| |f70,000 - f79,999||| ||||||2020||2019|| |---|---|---|---|---|---|---|---|---| |Average
on head|monthly
number
count including||ofemployees,
directors:-|based|No.||No.|| |Education||||||9||13| |Resources||||||20||7| |Visitor services||||||34||39| |Retail||||||17||22| |Keepers||||||54||56| |Vets||||||3||3| |||||||137||140| ## ## |||ITSoftware|Total| |---|---|---|---| |||f|f| |Cost|||| |1stJanuary|2020|227,203|227,203| |Additions|||| |Transfers|||| |Disposals|||| |31st December 2020||227,203|227,203| |Amortisation||76,673|76,673| |1stJanuary|2020||| |Amortisation|charge for the year|69,878|69,878| |Disposals|||| |31st December 2020||146,551|146,551| |Net Book Value|||| |31st December 2020||80,652|80,652| |31st December 2019||150,531|150,531| |||CI
CV
Cl
CV
I
Ql||||(0
0
I—||LAOO
LO|I/1
IAO
LO|O|I||IYI
LO
LO
CI||Ul
ID
LO
O|'CP
LA
Ch||||Ch
(Yl
LA||Ch
m
LAo
(Yl
LA|IA
CYI
LA
CI| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||E||||||O
(Yl|||||||||||||||CO
PV| |||(UO|||||||||||||||||||||| |||QI|||||||||||||||||||||| |||CI|||||||||||||||||||||| |||(Yl0
QloC
QI
L|||QI
C|C0||«I'
00
m|LO
(Yl
«I'
(YI
IYI|PV
LA
Ch
O
PV|||Cl
CO
«I'|||||||||CI
CV
00|«P
CQ
(Yl
m| |||QI|||Vl|I/I
C|||||||||||||||||| ||||||«(||||||||||||||||||| |||||||C|||Cl|||||||O||||CYl||LA
Cl|(YlO| |||||||QI|||||||||(Yl|LO||||Cl||LO|CO| |||||||E||tV
M|Ch||||Cl||00
M|CO
CO|||||||m
Ch| |||||||||CV1||||||||||||m|||| |||||||0|||||||||||||||||| |||||||I—|||||||||||||||||| ||||||||||||||p
LA||Ch|CO
AI||||Ul|||| ||||||L0
0|O|||||||(YI||(D
M
PV|||||LO
CYl|||| |||||||QI|||||||||||||||||| ||||||QI|C
QI||CI
(h
O
M|Ch
(Yl
CO
CYI||||IA
f4
CB
LO||Ch
LO
00
O|Ch
O
00
0
Ch||||Ul
Cl
I/I
CB
Ch||Ol
LO|Cl| |||||||||fV|||||CYI|||||||||LA|LA| ||||||C|0|||||||||||||||||| |||||||LU|||||||||||||||||| |"U|||||||||||||||||||||||| |QJ
E|||||05
C
(0
CL|C
Cl
CL|W|(YI|Ch
ChO|00|||(O
Ch
00
Ol||(Yl
LD
LA|AI
LD||||O
00
«I
ID||00
LO
(Yl|p
(YI
ID
LA
M| |QJ|||||I/I0
0|0
LU|||||||||||||||||| |O|||||||||||||||||||||||| |CO(J
bo000
N0C
(U|||QI|L/II-|'o
C
(0
0
QI
QI
LL|L/I
00
C||'ct
LO
LA|(V
LA
Ol
LA|LO
CO
PV
CV|||CO
Cl
(D
LA
CO||LO
Ch
Ul
00|Ch
P
Ch||||CQ
CI
IA
(Y1||LA
tV
00
CI
(O|00
PV
CI
00
Cl
(O
f4| |||00
O
LA|C
C0
LI|Vl
(A
CI|||||||||||||||||||| |z
I00
Ul
(0
N g &
NOU
Vl (Dm
cJ jj P
Z
I/I
3 05
I-vu:|||C
0
Ql
0
0z|X
(O
Uz
I-||||O
O
P4|C0
0
l0|VI
L
Ql
C(0I-|UI
(0o
CL
I/I
CI|C0
(0
(0
QI|CI
Cl
L
QI
J5
E
QI
Ql|0
(0
Cl|O
CI
CV
(0
C
r((
I
v-t|L(0
QI
QI
L0
U|4-
(0
I-|VI
(0
O
(/I
CI|C0
(0
(0
(+()
CL|C)
PV
Cl
PV
QI
J3
E
O
Ql
CYI|QI
00
QI|o
Cl
L(0
J2
E
QI
QIO
m|Cho
QI
E
QI
QI
(Yl| ||O
CVO
L
QJ
E||0
m c
fa
VI
Sla
C c
c
fo 0
e —
I
V p 0
c
~ c
QJ
IU
IU
QJ|| |---|---|---|---|---| ||rU||S 2
m
Ia|| ||rUO
foal0
QJ
UcSL
QJ||bola e
ba
aJL
c
S 3
QJ
fa)
Vleco~
l
0 ~
C 0
LSL
p c
c~.9
fa
.mCO —g'
'V R
ra 3 r-
e o
0
N e
L
e
me~
IU,|| ||||QJ
fa
P)
IU
~ )
e
foe e
QJ
L K e
V g
V
c
In|| ||||0|| ||||m
fo v
CO
L
e 5
D s
B~O
V|| ||||fV
m
I
fa
fa|| ||||ro
E 0|| ||||9|| ||||c
e
E m 0
m
+J|| ||||m
v
ro|| ||||Ia|| ||||ul 0
fo
L
m e c 0|| ||||Q
CO
c ——O
0
ro e gl
ba 'P 3
V
c
ro
m c
4J
O )
IU
QJ
P
L
L
O OLe
bOOl
Ql
~-0&NO|| ||||In
O
ro m m
m
e e Cule'm|| ||||m cc
e g e u- O|QJ| |QJ
E|||fa
m
fa
c ~ ) )
™
ce~t
L lo
g
V
e e
c
Q g 0
Ia
QJ o
Ia c
L 0 4-
0
e ~ v
v|| ||||vl
~
C
ba
CO & C|O
C| |QJ
OO|||In
vl
In O
Ia
bo N
V
CA c|| |(/l
(UO|||m
o c~
c v
ra
rV
rcl
c lU e
fa|| |00000
M
C
IU||0|fa
e
e c
ol
e~~ op~
0~ e
fo
QJ 6 L ) u
CV
IU e
Cl
mQ LL. N
c
.
e 0
m
Io
Cl|| |||c|fa
c
c
e|| |OO0
rf)(0
LIJ
z
I0
v
0 ul
m
N en&
ul o I-I
0~S
o 0z
Vl
Sos~||c0V
c
0
QJ
0
0z|e r!'
v
O
In A
I
ul 0
p
0
0 ~ ul
ul Q g
+r
v-mlo .SlU
0 d. d- ~ c e
e m
I ~
Ql
lO
IOOujm
rV
CV O
O
'4I A 0 S
p N ~
0)
0
L mON
s
e
In +
vl
O bb+
$ E E IV
LQ
ba
c SX$ul
v
C
I-
CJ
CO
W I- W|| ## ## ## ## ## ## ||||Group||Company|| |---|---|---|---|---|---|---| |||2020||2019|2020|2019| |||E||f|f|f| |Amounts
owed by subsidiary|||||689,569|982,662| |Trade debtors|||21,381||21,381|| |Other Debtors||828,590||805,642|386,580|591,576| |Prepayments
&Accrued Income||145,933||183,455|145,933|183,455| |||995,904||989,097|1,243,463|1,757,693| |16. CREDITORS: Amounts|falling due in less||than one year|||| ||||Group||Company|| ||||2020|2019|2020|2019| ||||f|f|f|E| |CBILLoan|||300,000||300,000|| |Finance Leases|||69,566|67,019|69,566|67,019| |Trade Creditors|||573,053|331,615|306,337|325,856| |Other Taxation &Social Security|||32,523|169,747|32,523|169,826| |Corporation
Tax|||39,727|||| |Accruals & Deferred Income|||1,059,004|924,311|886,898|718,365| |Capital creditor|||118,270|145,457|118,270|145,457| ||||2,192,143|1,638,227|1,713,594|1,426,523| ## ||Group||Company|| |---|---|---|---|---| ||2020|2019|2020|2019| ||f|f|f|f| |CBILLoan|2,700,000||2,700,000|| |Pension Creditor|421,000|354,000|421,000|354,000| |Finance Lease Obligations|62,681|90,822|62,681|90,822| |Bank Loans|5,565,232|5,536,467|5,565,232|5,536,467| |Capital Creditor|1,007,787|1,095,421|1,007,787|1,095,421| ||9,756,700|7,076,710|9,756,700|7,076,710| ## ## |otes to the Ac|counts (continued)| |---|---| |18. FUNDS|| |ENDOWMENT|FUND| |1stJanuary 2020 and 31st December 2020|| |1stJanuary|2020|and 31st December|and 31st December|2020||100,000|| |---|---|---|---|---|---|---|---| |UNRESTRICTED FUNDS|||||||| |||||Group||Company|| |||||2020|2019|2020|2019| |Designated|Funds||||||| |1stJanuary||||17,123,410|1,367,100|17,123,410|1,367,100| |Transfer to|Designated||funds||||| |from||||420,068|15,756,310|420,068|15,756,310| |Other Unrestricted||Funds|||||| |31st December||||17,543,478|17,123,410|17,543,478|17,123,410| |Conservation|Welfare|||1,367,100|1,367,100|1,367,100|1,367,100| |Fixed Assets||||16,176,378|15,756,310|16,176,378|15,756,310| |||||17,543,478|17,123,410|17,543,478|17,123,410| |esulting
in t
2019f1.2m|otal "Other Unrestri
and f0.75m).|cted
Fun|ds" off1.2m and|E0.75m for the|Group and Company
|respectively| |---|---|---|---|---|---|---| |Revaluation|Reserve||Group||Company|| ||||2020|2019|2020
'|2019| ||||f|f|f|E| |1stJanuary|||1,910,574|1,968,909|1,910,574|1,968,909| |Annual
Transfer from Revaluation
Reserve to Other Unrestricted
Funds||||(58,335)|(58,334)|(58,335)| |31st December|||1,852,240|1,910,574|1,852,240|1,910,574| ## ## ## |||||||Group|Company|Company| |---|---|---|---|---|---|---|---|---| ||||||2020|2019|2020|2019| ||||||f|f|f|f| |1stJanuary|||||1,204,124|16,487,799|750,000|16,033,675| |Net (loss) /surplus|for the||year||421,734|496,300|421,733|496,300| |Actuarial
Loss on revaluation
pension
liability||||of|(60,000)|(82,000)|(60,000)|(82,000)| |Transfer from Revaluation|||Reserve||58,334|58,335|58,334|58,335| |Transfer to Designated
Assets||Funds||- Fixed|(420,068)|(15,756,310)|(420,068)|(15,756,310)| |31stDecember|||||1,204,124|1,204,124|750,000|750,000| |Total unrestricted|funds||||20,599,842|20,238,108|20,145,718|19,783,984| |RESTRICTED FUNDS||||||||| ||||||Group||Company|| ||||||2020|2019|2020|2019| ||||||f|f|f|f| |1stJanuary|||||2,949,030|2,930,658|2,949,030|2,930,658| |Income in the year|||||500|18,372|500|18,372| |Expended
in the year|||||132,524||132,524|| |31st December|||||2,827,006|2,949,030|2,817,006|2,949,030| ## ## ## |||||1st|||31st| |---|---|---|---|---|---|---|---| |||||January|||December| |||||2020|Income|Expenditure|2020| |Molly Badham Chimpanzee|||Fund|23,008||23,008|| |Himalaya||||2,350,000||75,000|2,275,000| |Changing|Places|Grant||55,398||2,193|53,205| |LLEP SME Growth||Fund||502,252||13,951|488,301| |WAZA||||14,872||14,872|| |Other|||||500||500| |Ratcliffe|Foundation|||3,500||3,500|| |||||2,949,030|500|132,524|2,817,006| ## |Notes to the Accounts (continued)|Notes to the Accounts (continued)|||||| |---|---|---|---|---|---|---| |19. RECONCILIATION|OF FUNDS|||||| ||||Group||Company|| ||||2020|2019|2020|2019| ||||E|E|f|f| |Surplus for the year|||289,709|514,672|289,709|514,672| |Actuarial
losses on revaluation
pension
liability||of|(60,000)|(82,000)|(60,000)|(82,000)| |Opening
funds|||23,287,137|22,854,465|22,833,014|22,400,342| |Closing funds|||23,516,846|23,287,137|23,062,723|22,833,014| |20. ANALYSIS OF NET|ASSETS BETWEEN||FUNDS|||| ||||Unrestricted|Restricted|Endowment|| ||||Funds|funds|fund|| ||||f|f||Total| |||||||f| |Intangible
fixed assets (note 11)|||80,652|||80,652| |Tangible fixed assets (note 12)|||24,613,533|2,817,006|100,000|27,530,539| |Cash at bank and in hand|||6,733,046|||6,733,046| |Other net current assets/(liabilities)|||(1,070,689)|||(1,070,689)| |Long term liabilities (note 17)|||(9,756,700)|||(9,756,700)| ||||20,599,842|2,817,006|100,000|23,516,848| ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||||f|f| |Net incoming/(outgoing)||resources|||289,710|432,672| |Depreciation|||||1,199,419|1,082,853| |Amortisation|of loan arrangement||fees||28,765|| |Movement|in stocks||||(28,453)|7,844| |Movement|in debtors||||(6,808)|372,999| |Movement|in-creditors||||285,556|(73,057)| ||||||1,768,189|1,905,311| |nalysis of Cash and Cash||Equivalents||||| |||||1January||31
December| |||||2020|Cash
flows|2020| ||||||f|| |Cash at bank|and in hand|||2,710,999|4,022,047|6,733,046| ## ## ## ## ## ## |Sensitivity|analysis||2020|2019| |---|---|---|---|---| |Discount|rate decreased|by 0.1%|f8,000|f7,000| |Life expectancy increased||by one year|f12,000|f9,000| ##