## 

## 

|Trustees||Mr P Gibson<br>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<br>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<br>auditor's|report||
|Statement offinancial|activities||
|Balance sheet||15|
|Statement ofcash flows||17|
|Notes to the financial|statements|18-29|





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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2022|2022|2022|2021|2021|2021|
||||Notes||||R|R||
|Income<br>nd endowments||||from:||||||
|Donations<br>and||||||||||
|legacies|||2|72,170||72,170|323,027|37|323,064|
|Charitable<br>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<br>re on:||||||||||
|RRaisin i funds||||||||||
|Fundraising<br>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<br>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<br>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|





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||||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<br>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<br>from operations|||25||159,346||869,329|
|Investing<br>activities||||||||
|Purchase oftangible<br>fixed assets||||(818,714)||(311,801)||
|Proceeds from disposal oftangible||fixed||||||
|assets||||||10,000||
|Investment<br>income received||||55,997||61,919||
|Net cash used in investing|activities||||(762,717)||(239,882)|
|Financing<br>activities||||||||
|Repayment<br>ofborrowings||||(58,922)||(24,859)||
|Net cash used in financing|activities||||(58,922)||(24,859)|
|Net (decrease)/increase<br>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|





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||||Operation ofOperation of|Operation ofOperation of|
|---|---|---|---|---|
||||Zoo|Zoo|
||||2022|2021|
|Sales within charitable||activities|1,964,243|1,940,020|
|Analysis|by fund||||
|Unrestricted<br>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<br>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|





## 

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## 

|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,<br>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<br>number ofemployees<br>during<br>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|





## 

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## 

|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<br>in|respect ofdisposals||||(22,464)|(22,464)|
|At 31 December 2022|||1,823,390|265,148|8,876|2,097,414|
|Carrying<br>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<br>as follows:||||||
||Contracted<br>for but not provided<br>in the||financial statements:||||
||Acquisition<br>of property,<br>plant and equipment|||||460,338|
|21|Related party transactions||||||
||Remuneration<br>ofkey management||personnel||||
||The remuneration<br>of key management||personnel|is as follows.|||
||||||2022|2021|
||Aggregate<br>compensation||||155,891|143,701|



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