2021-12-31-accounts - National Zoological Society Of Wales

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Trustees			Mr P Gibson MA (Oxon), DMS, MBIM	Mr P Gibson MA (Oxon), DMS, MBIM
			Dr CS Harcourt BSc,MSc, PhD
			Mr T Deakin MIET
			Mr P Loveluck CBE, BA,JP
			Mr N H Brown BSc
			Mr R Jackson BBACGMA
			Mr H D Roberts FRICS
			Ms SScanlan BA	Hons.
			Dr S Miller BSc(Hons)
			Mr A Greenwood MA VetMB CBiol
			FSBDipECZM FRCVS
Secretary			Mr N LJackson MBE
Charity	number		514108
Company		number	01731129
Principal	address		Flagstaff Gardens
			Old Highway
			Colwyn Bay
			LL28 5UY
Registered		office	Flagstaff Gardens
			Old Highway
			Cotwyn Bay
			LL28 5UY
Auditor			Sage 8 Company	Business Advisors	Ltd
			102Bowen Court
			StAsaph Business	Park
			StAsaph
			Denbigh shire
			LL17OJE
Bankers			HSBC Bank Pic - Colwyn Bay
			7 Conwy Road
			Colwyn Bay
			Conwy
			LL29 7AB

		Page
Trustees report		1-8
Statement ofTrustees	responsibilities
Independent auditor's	report
Statement offinancial	activities	14
Balance sheet		15
Statement ofcash flows		17
Notes to the financial	statements	18-29

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2021	2021	2021 f	2020 E	2020	2020 E
Donations and legacies			323,027	37	323,064	636,114	388,760	1,024,874
Charitable activities			1,918,904	21,116	1,940,020	961,279	37,040	998,319
Other trading activities			375,764		375,764	186,156		186,156
Investments			61,919		61,919	42,943		42,943
Other income			145,600		145,600	129,165		129,165
Total income			2,825,214	21,153	2,846,367	1,955,657	425,800	2,381,457
~i~
Fundraising and
publicity			27,876		27,876	20,725		20,725
Trading costs			263,783		263,783	154,204		154,204
			291,659		291,659	174,929		174,929
Charitable activities		8	1,771,344	21,116	1,792,460	1,461,774	37,040	1,498,814
Total resources	expended		2,063,003	21,116	2,084,119	1,636,703	37,040	1,673,743
Net incoming resources
before transfers			762,211	37	762,248	318,954	388,760	707,714
Gross transfers
between funds			37,397	(37,397)		19,475	(19,475)
Net income/(expenditure)
for the year/
Net movement	in funds		799,608	(37,360)	762,248	338,429	369,285	707,714
Fund balances at 1 January
2021			3,265,463	889,946	4,155,409	2,927,034	520,661	3,447,696
Fund balances	at 31
December 2021			4,065,071	852,586	4,917,657	3,265,463	889,946	4,155,409

					2021		2020
				Notes
Fixed assets
Tangible assets				13		3,014,130		2,863,073
Current assets
Stocks				14	82,286		66,132
Debtors				16	81,947		189,234
Cash at bank and		in	hand		2,122,930		1,518,342
					2,287,163		1,773,708
Creditors:	amounts		falling due within
one year				17	(199,973)		(234,620)
Net current	assets					2,087,190		1,539,088
Total assets less		current liabilities				5,101,320		4,402,161
Creditors:	amounts		falling due after
more than	one year			18		(183,663)		(246,752)
Net assets						4,917,657		4,155,409
Income funds
Restricted	funds					852,586		889,946
Unrestricted	funds					4,065,071		3,265,463
						4,917,657		4,155,409

				2021		2020
			Notes			f
Fixed assets
Tangible assets			13		3,014,130	2,863,073
Investments					2	2
					3,014,132	2,863,075
Current assets
Stocks			14	12,127		16,102
Debtors			16	147,741		235,496
Cash at bank and	in	hand		2,122,930		1,518,126
				2,282,798		1,769,724
Creditors: amounts		falling due within	17
one year				(195,610)		(230,638)
Net current assets					2,087,188	1,539,086
Total assets less	current liabilities				5,101,320	4,402,161
Creditors: amounts		falling due after	18
more than one year					(183,663)	(246,752)
Net assets					4,917,657	4,155,409
Income funds
Restricted funds					852,586	889,946
Unrestricted funds					4,065,071	3,265,463
					4,917,657	4,155,409

					2021		2020
				Notes	f
Cash flows from operating		activities
Cash generated from operations				25		869,329	715,720
Investing	activities
Purchase	oftangible fixed assets				(311,801)		(1,092,823)
Proceeds	on disposal oftangible		fixed
assets					10,000
Investment	income received				61,919		42,943
Net cash used in investing		activities				(239,882)	(1,049,880)
Financing	activities
Proceeds	from borrowings						271,752
Repayment	of borrowings				(24,859)
Net cash	(used in)/generated		from
financing	activities					(24,859)	271,752
Net increase/(decrease) in		cash and		cash
equivalents						604,588	(62,408)
Cash and	cash equivalents	at beginning		ofyear		1,518,342	1,580,750
Cash and	cash equivalents	at end of		year		2,122,930	1,518,342

Land and buildings	4% straight line
Building improvements	10%straight line
Plant and machinery	15%reducing balance
Fixtures, fittings & equipment	10%reducing balance
Motor vehicles	25% reducing balance
Silk Road Project	4% straight line
New toilet block	4% straight line

			Operation	Operation
			ofZoo	ofZoo
			2021	2020
Sales within charitable		activities	1,940,020	998,319
Analysis	by fund
Unrestricted funds			1,918,904	961,279
Restricted	funds		21,116	37,040
			1,940,020	998,319

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
Non-charitable	trading	activities	369,597	175,476
Grants received			6,167	10,680
Other trading	activities		375,764	186,156

		Unrestricted	Unrestricted
		funds	funds
		2021f	2020f
Rental	income	61,802	40,689
Interest	receivable	117	2,254
		61,919	42,943

			Unrestricted	Unrestricted
			funds	funds
			2021f	2020f
F ndr i in	nd	ublici
Seeking donations,		grants and legacies	27,876	20,725
~r~
Other trading	activities		168,000	80,504
Staff costs			94,033	72,400
Support costs			1,750	1,300
Trading costs			263,783	154,204
			291,659	174,929

				Unrestricted	Unrestricted
				funds	funds
				2021f	2020f
Net gain	on disposal oftangible		fixed assets	5,640
Insurance	claim			836	42,484
Gift Aid receivable		on admissions		139,124	86,681
				145,600	129,165

			Direct	Direct
			Charitable	Charitable
			Expenditure Expenditure
			2021	2020
			E
Staff costs			880,526	793,252
Depreciation and impairment			156,384	107,753
Feed and	bedding		119,152	106,577
Rates and water			35,334	34,291
Light and	heat		88,264	70,397
Veterinary	fees		47,687	36,934
Property	maintenance		130,334	87,035
Gardens			46,381	11,950
Donations	Re: In situ	conservation	6,167	11,351
			1,510,229	1,259,540
Share of	support costs (see note 9)		276,231	233,274
Share of	governance	costs (see note 9)	6,000	6,000
			1,792,460	1,498,814
Analysis	by fund
Unrestricted funds			1,771,344	1,461,774
Restricted	funds		21,116	37,040
			1,792,460	1,498,814

Support	costs
			Support	Governance	2021	Support	Governance	2020
			Costs	Coats		costs	costs
				E		F	f
Telephone			10,677		10,677	9,577		9,577
Insurance			55,484		55,484	55,963		55,963
Printing, postage and
stationery			20,661		20,661	15,116		15,116
Motor and	travel		12,789		12,789	8,772		8,772
Sundry expenses			11,745		11,745	9,770		9,770
Bank charges, bank
interest and credit card
fees			39,820		39,820	23,245		23,245
Legal and	professional		14,584		14,584	10,236		10,236
Subscriptions			16,733		16,733	16,077		16,077
Audit, accountancy		and
payroll			19,312		19,312	22,600		22,600
Irrecoverable VAT			74,426		74,426	61,918		61,918
Audit fees				7,750	7,750		7,300	7,300
			276,231	7,750	283,981	233,274	7,300	240,574
Analysed	between
Trading				1,750	1,750		1,300	1,300
Charitable	activities		276,231	6,000	282,231	233,274	6,000	239,274
			276,231	7,750	283,981	233,274	7,300	240,574

The average	monthly
		2021	2020
		Number	Number
Administration		8	8
Keepers		17	17
Maintenance	and gardens	11	12
Seasonal workers		13	12
Total		49	49

Employees					(Continued)
Employment costs				2021f	2020
Wages and salaries				974,559	865,652
There were no employees	whose annual	remuneration	was more than f60,000.

Tangible fixed assets
		Land and	Plant and	Motor	Total
		buildingsf	machineryf	vehiclesf
Cost
At 1 January 2021		4,278,848	317,431	59,196	4,655,475
Additions		247,208	40,130	24,463	311,801
Disposals				(33,681)	(33,681)
At 31 December 2021		4,526,056	357,561	49,978	4,933,595
Depreciation and impairment
At 1 January 2021		1,523,863	219,697	48,842	1,792,402
Depreciation charged	in the year	138,043	15,752	2,589	156,384
Eliminated in respect ofdisposals				(29,321)	(29,321)
At 31 December 2021		1,661,906	235,449	22,110	1,919,465
Carrying amount
At 31 December 2021		2,864,150	122,112	27,868	3,014,130
At 31 December 2020		2,754,985	97,734	10,354	2,863,073

Stocks				2021	2021	2020	2020
				Consolidatedf	Parentf	Consolidatedf	Parent
Consumables	and	Finished	Goods	82,286	12,127	66,132	16,102
				82,286	12,127	66,132	16,102

Loans	and overdrafts
		2021	2020
		E
Other loans		246,893	271,752
Payable	within one year	63,230	25,000
Payable	aRer one year	183,663	246,752

16	Debtors					Consolidated	Parent	Consolidated	Parent
						2021	2021	2020	2020
						E
	Amounts falling due		within	one year:
	Trade debtors					6,778	6,778	2,131	2,131
	Amounts due from subsidiary			undertakings			65,795		46,261
	Other debtors					15,721	15,720	144,337	144,338
	Prepayments	and accrued income				59,448	59,448	42,765	42,765
						81,947	147,741	189,233	235,495
17	Creditors: amounts		falling due within		one
	year
						Consolidated	Parent	Consolidated	Parent
						2021	2021	2020	2020
	Loans and overdrafts				15	63,230	63,230	25,000	25,000
	Other taxation	and social security				39,102	36,796	87,860	85,988
	Trade creditors					35,616	35,616	41,752	41,752
	Other creditors					54,125	52,068	72,508	70,398
	Accruals and deferred		income			7,900	7,900	7,500	7,500
						199,973	195,610	234,620	230,638

Creditors: amounts falling due after more th	an one year
	2021	2020f
Borrowings	183,663	246,752

20	Capital commitments					2021	2020
	At 31 December 2021 the National Zoological Society ofNfales had				capital
	commitments as follows:
	Contracted for but not provided in the financial statements:
	Acquisition of property, plant and equipment					460,338	216,500
21	Analysis ofnet assets	between funds
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
					f
	Fund balances at 31
	December 2021 are
	represented by:
	Tangible assets	2,161,544	852,586	3,014,130	1,973,127	889,946	2,863,073
	Current assets/
	(liabilities)	2,087,190		2,087,190	1,539,088		1,539,088
	Long term liabilities	(183,663)		(183,663)	(246,752)		(246,752)
		4,065,071	852,586	4,917,657	3,265,463	889,946	4,155,409

Analy	sis ofchanges in net funds
		At 1 January	Cash flows	At 31December
		2021		2021
Cash	at bank and in hand	1,518,342	604,588	2,122,930
Loans	falling due within one year	(25,000)	(38,230)	(63,230)
Loans	falling due after more than one year	(246,752)	63,089	(183,663)
		1,246,590	629,447	1,876,037

Cash generated from operations			2021	2020f
Surplus for the year			762,248	707,714
Adjustments for:
investment income recognised in statement Gain on disposal oftangible fixed assets	offinancial	activities	(61,919) (5,640)	(42,943)
Depreciation and impairment oftangible fixed assets			156,384	107,753
Movements in working capital:
(Increase) in stocks Decrease/(increase) in debtors (Decrease)/increase in creditors			(16,154) 107,287 (72,877)	(13,246) (105,776) 62,218
Cash generated from operations			869,329	715,720