2022-12-31-accounts

Trustees		Mr P Gibson MA	(Oxon), DMS, MBIM	(Oxon), DMS, MBIM
		Dr CS Harcourt BSc,MSc, PhD
		Mr TDeakin MIET
		Mr N H Brown BSc
		Mr RJackson BBACGMA
		Mr H D Roberts FRICS
		Dr S Miller BSc(Hons)
		Mr A Greenwood	MA VetMB CBiol
		FSBDipECZM FRCVS
		Mr N LJackson MBE			(Appointed	14June 2022)
		Mr A Rogers			(Appointed	14June 2022)
Secretary		Mrs JJesse
Charity number		514108
Company	number	01731129
Principal address		Flagstaff Gardens
		Old Highway
		Colwyn Bay
		LL28 SUY
Registered	office	Flagstaff Gardens
		Old Highway
		Colwyn Bay
		LL28 5UY
Auditor		Sage & Company		Business Advisors	Ltd
		102 Bowen Court
		StAsaph Business		Park
		StAsaph
		Denbighshire
		LL17OJE
Bankers		HSBC Bank Pic-	Colwyn Bay
		7 Conwy Road
		Colwyn Bay
		Conwy
		LL29 7AB

		Page
Trustees report		1-7
Statement ofTrustees	responsibilities
Independent auditor's	report
Statement offinancial	activities
Balance sheet		15
Statement ofcash flows		17
Notes to the financial	statements	18-29

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2022	2022	2022	2021	2021	2021
			Notes				R	R
Income nd endowments				from:
Donations and
legacies			2	72,170		72,170	323,027	37	323,064
Charitable activities			3	1,950,085	14,158	1,964,243	1,918,904	21,116	1,940,020
Other trading
activities			4	387,491		387,491	375,764		375,764
Investments			5	55,997		55,997	61,919		61,919
Other income			7	112,834		112,834	145,600		145,600
Total income				2,578,577	14,158	2,592,735	2,825,214	21,153	2,846,367
Ex endit re on:
RRaisin i funds
Fundraising and
publicity				42,327		42,327	27,876		27,876
Trading costs				326,589		326,589	263,783		263,783
				368,916		368,916	291,659		291,659
Charitable activities			8	2,111,261	14,158	2,125,419	1,771,344	21,116	1,792,460
Loss on disposal		of
fixed assets				3,051		3,051
Total expenditure				2,483,228	14,158	2,497,386	2,063,003	21,116	2,084,119
Net incoming	resources
before transfers				95,349		95,349	762,211	37	762,248
Gross transfers
between funds				39,092	(39,092)		37,397	(37,397)
Net income/(expenditure)
for the year/
Net movement		in funds		134,441	(39,092)	95,349	799,608	(37,360)	762,248
Fund balances	at 1 January
2022				4,065,071	852,586	4,917,657	3,265,463	889,946	4,155,409
Fund balances		at 31
December 2022				4,199,512	813,494	5,013,006	4,065,071	852,586	4,917,657

			2022		2021
		Notes
Fixed assets
Tangible assets		13		3,629,380		3,014,130
Current assets
Stocks		14	91,935		82,286
Debtors		16	86,196		81,947
Cash at bank and in	hand		1,460,637		2,122,930
			1,638,768		2,287,163
Creditors: amounts	falling due within
one year		17	(124,182)		(199,973)
Net current assets				1,514,586		2,087,190
Total assets lees current liabilities				5,143,966		5,101,320
Creditors: amounts	falling due after
more than one year		18		(130,959)		(183,663)
Net assets				5,013,006		4,917,657
Income funds
Restricted funds				813,495		852,586
Unrestricted funds				4,199,511		4,065,071
				5,013,006		4,917,657

				2022		2021
			Notes
Fixed assets
Tangible assets			13		3,629,380		3,014,130
Investments					2		2
					3,629,382		3,014,132
Current assets
Stocks			14	11,030		12,127
Debtors			16	164,207		147,741
Cash at bank and in		hand		1,460,637		2,122,930
				1,635,874		2,282,798
Creditors:	amounts	falling due within	17
one year				(121,290)		(195,610)
Net current	assets				1,514,584		2,087,188
Total assets less current liabilities					5,143,966		5,101,320
Creditors:	amounts	falling due after	18
more than	one year				(130,959)		(183,663)
Net assets					5,013,007		4,917,657
Income funds
Restricted	funds				813,495		852,586
Unrestricted	funds				4,199,512		4,065,071
					5,013,007		4,917,657

				2022		2021
			Notes
Cash flows from operating	activities
Cash generated from operations			25		159,346		869,329
Investing activities
Purchase oftangible fixed assets				(818,714)		(311,801)
Proceeds from disposal oftangible		fixed
assets						10,000
Investment income received				55,997		61,919
Net cash used in investing	activities				(762,717)		(239,882)
Financing activities
Repayment ofborrowings				(58,922)		(24,859)
Net cash used in financing	activities				(58,922)		(24,859)
Net (decrease)/increase in	cash	and cash
equivalents					(662,293)		604,588
Cash and cash equivalents	at beginning		ofyear		2,122,930		1,518,342
Cash and cash equivalents	at end of		year		1,460,637		2,122,930

			Operation ofOperation of	Operation ofOperation of
			Zoo	Zoo
			2022	2021
Sales within charitable		activities	1,964,243	1,940,020
Analysis	by fund
Unrestricted funds			1,950,085	1,918,904
Restricted	funds		14,158	21,116
			1,964,243	1,940,020

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
Non-charitable	trading	activities	387,491	369,597
Grants received				6,167
Other trading	activities		387,491	375,764

		Unrestricted	Unrestricted
		funds	funds
		2022	2021
		K
Rental	income	54,790	61,802
Interest	receivable	1,207	117
		55,997	61,919

				Unrestricted	Unrestricted
				funds	funds
				2022	2021
Fundrai	in	and	ublici
Seeking donations,			grants and legacies	42,327	27,876
,TTtsCto	T ccoossttss
Other trading		activities		179,620	168,000
Staff costs				144,844	94,033
Support costs				2,125	1,750
Trading	costs			326,589	263,783
				368,916	291,659

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
Net gain on disposal oftangible		fixed assets		5,640
Other income				836
Gift Aid receivable	on admissions		112,834	139,124
			112,834	145,600

				Direct	Direct
				Charitable	Charitable
				Expenditure	Expenditure
				2022f	2021f
Staff costs				931,179	880,526
Depreciation and impairment				200,414	156,384
Feed and	bedding			137,567	119,152
Rates and		water		64,930	35,334
Light and	heat			76,449	88,264
Veterinary		fees		53,980	47,687
Property	maintenance			218,898	130,334
Gardens				49,125	46,381
Donations		Re: In situ	conservation	9,034	6,167
				1,741,576	1,510,229
Share of	support costs (see note 9)			377,843	276,231
Share of	governance		costs (see note 9)	6,000	6,000
				2,125,419	1,792,460
Analysis	by fund
Unrestricted		funds		2,111,261	1,771,344
Restricted		funds		14,158	21,116
				2,125,419	1,792,460

Support	cost	s
				Support	Governance	2022	Support	Governance	2021
				costs	costs		costs	costs
							E
Telephone				10,151		10,151	10,677		10,677
Insurance				72,298		72,298	55,484		55,484
Printing, postage and
stationery				27,235		27,235	20,661		20,661
Motor and	travel			19,672		19,672	12,789		12,789
Sundry expenses				25,918		25,918	11,745		11,745
Bank charges,		bank
interest and credit card
fees				29,463		29,463	39,820		39,820
Legal and	professional			50,290		50,290	14,584		14,584
Subscriptions				24,921		24,921	16,733		16,733
Audit, accountancy			and
payroll				21,543		21,543	19,312		19,312
Irrecoverable		VAT		96,352		96,352	74,425		74,426
Audit fees					8,125	8,125		7,750	7,750
				377,843	8,125	385,968	276,230	7,750	283,981
Analysed	between
Trading					2,125	2,125		1,750	1,750
Charitable	activities			377,843	6,000	383,843	276,231	6,000	282,231
				377,843	8,125	385,968	276,231	7,750	283,981

The average	monthly number ofemployees during the y	ear was:
		2022	2021
		Number	Number
Administration		7	8
Keepers		17	17
Maintenance	and gardens	10	11
Seasonal workers		19	13
Total		53	49

11	Employees						(Continued)
	Employment	costs				2022	2021
							F
	Wages and	salaries				1,076,023	974,559
	There were	no employees	whose annual	remuneration	was more than F60,000.

Tangible fix	ed assets
			Land and	Plant and	Motor	Total
			buildings	machinery	vehicles
					k
Cost
At 1 January	2022		4,526,056	357,561	49,978	4,933,595
Additions			548,128	237,460	33,126	818,714
Disposals					(25,515)	(25,515)
At 31 December 2022			5,074,184	595,021	57,589	5,726,794
Depreciation	and impairment
At 1 January	2022		1,661,906	235,450	22,109	1,919,465
Depreciation	charged	in the year	161,484	29,698	9,231	200,413
Eliminated in	respect ofdisposals				(22,464)	(22,464)
At 31 December 2022			1,823,390	265,148	8,876	2,097,414
Carrying amount
At 31 December 2022			3,250,794	329,873	48,713	3,629,380
At 31 December 2021			2,864,150	122,112	27,868	3,014,130

Stocks
		2022	2021
		K
Raw materials	and consumables	11,030	12,127
Finished goods	and goods for resale	80,905	70,159
		91,935	82,286

15	Loans	and overdrafts
			2022	2021
	Other loans		187,971	246,893
	Payable	within one year	57,012	63,230
	Payable	after one year	130,959	183,663

16	Debtors
					2022	2021
	Amounts	falling due		within one year:	R
	Trade debtors				21,301	22,499
	Prepayments		and accrued income		64,895	59,448
					86,196	81,947
17	Creditors:	amounts		falling due within one year
					2022	2021
	Borrowings				57,012	63,230
	Other taxation		and social security		18,031	39,102
	Trade creditors				8,231	35,616
	Other creditors				31,858	54,125
	Accruals and deferred			income	9,050	7,900
					124,182	199,973
18	Creditors:	amounts		falling due after more than one year
					2022	2021
						E
	Borrowings				130,959	183,663
19	Retirement	benefit schemes

20	Capital commitments				2022	2021
	At 31 December 2022 the National	Zoological Society ofWales had capital
	commitments as follows:
	Contracted for but not provided in the		financial statements:
	Acquisition of property, plant and equipment					460,338
21	Related party transactions
	Remuneration ofkey management		personnel
	The remuneration of key management		personnel	is as follows.
					2022	2021
	Aggregate compensation				155,891	143,701

	Association (ZS	WA). During the y	ear the ZSWA	donated f62,	866(2021:f4	1,122)to	NZSW.
22	Analysis ofnet	assets between	funds
		Unrestricted	Restricted	Total	Unrestricted	funds	Restricted	Total
		funds	funds				funds
		2022	2022	2022		2021	2021	2021
	Fund
	balances at
	31 December
	2022 are
	represented
	by:
	Tangible assets	2,815,885	813,495	3,629,380	2,161,544		852,586	3,014,130
	Current
	assets/(liabilities)	1,514,586		1,514,586	2,087,190			2,087,190
	Long term
	liabilities	(130,959)		(130,959)	(183,663)			(183,663)
		4,199,512	813,495	5,013,007	4,065,071		852,586	4,917,657

Analy	sis ofchanges in net funds
		At 1January	Cash flows	At 31December
		2022		2022
Cash	at bank and in hand	2, 122,930	(662,293)	1,460,637
Loans	falling due within one year	(63,230)	6,218	(57,012)
Loans	falling due after more than one year	(183,663)	52,704	(130,959)
		1,876,037	(603,371)	1,272,666

Cash generated from		operations					2022	2021
							K
Surplus for	the year						95,349	762,248
Adjustments	for:
Investment	income recognised in		statement		offinancial	activities	(55,997)	(61,919)
Loss/(gain)	on disposal	oftangible	fixed	assets			3,051	(5,640)
Depreciation and impairment oftangible				fixed assets			200,414	156,384
Movements	in working	capital:
(Increase)	in stocks						(9,649)	(16,154)
(Increase)/decrease in		debtors					(4,249)	107,287
(Decrease)	in creditors						(69,573)	(72,877)
Cash generated from		operations					159,346	869,329