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2020-12-31-accounts

Contents
Pages
Company
information
Report ofthe Council ofManagement
Independent
Examiner's
Report
Consolidated
Statement ofFinancial Activities
Consolidated
Balance Sheet
Company Balance Sheet
Consolidated
Statement ofCash Flows
Company
Statement ofCash Flows		 10
Notes to the Cash Flow Statement
Notes to the Financial Statements 12-21

FOR THK YEAR ENDED 31 DECEMBER 2020 FOR THK YEAR ENDED 31 DECEMBER 2020 FOR THK YEAR ENDED 31 DECEMBER 2020
(liNCLIJDING CONSOLIDATED INCOME AND EXPKiNDITIJRK ACCOUNT)
SIJMMARY INCOJVIE AND EXPENDITURK ACCOIJNT
TOTAL
2020 2019
Notes IJNRESTRICTKD
INCOMING RESOURCES
Voluntary
income:
Members
subscriptions
and donations		 1,600 1,600 2,170
Income from other trading
activities:
Commercial
trading operations		 7,246 7,246 1,600,182
Investment
income		 20,645 20,645 26,157
Other operating
income
Government
grants		 66,687 66,687
TOTAL INCOMING
RESOURCES		 96.178 96178 1.628 509
RESOL'RCES EXPENDED
Costs ofgenerating
funds:
Trading expenses 329,125 329,125 957.578
Expenditure
un charitable
activities:
Donations,
grants
and sponsorship		 1,517 1,5]7 45,001
Charitable
expenditure
by subsidiary		 35,484 35,484 505.297
Other expenditure:
Support costs 76,415 76,415 92,398
TOTAL RESOURCES EXPENDED 442,54! 442,541 1,600,274
NET INCOMINGi(OUTGOING) RESOURCES (346,363) {346,363) 28,235
Net gains/(losses)
on investments		 28,359 28,359 147,686
NET INCOiME AND KXPENDITURE AND NFT
MOVEMENT IN FI.JNDS BEFORE TAXATION 13180047 ~378004 17 921
Corporation
tax		 19
NET INCOME AND EXPENDITI
MOVEMENT IN FUNDS AFTER		 JREAND NET
TAXATION		 ~618004 ~78.004 1759
Fund balances
brought fotward		 1,240,592 1 240 592 I 064 671
FIJND BALANCES CARRIED FORWARD 922,588 922,588 1.240,592

Notes 2020f 2019
g
Cash flows froin operating
activities
Cash generated
from operations		 (172,012) (8,270)
investment
income		 20,645 26,157
Net cash from operating
activities		 (151367) 17.887
Cash flows from investing activdties
Purchase oftangible
fixed		 assets (5,203) (6,712)
Purchase ofhred asset investments (372,919) (384,992)
Proceeds from sale offixed asset investnients 508,040 433,969
Net cash from invesflng
activities		 129,9]8 42,265
Increase j(decrease) in cash and cash
equivalents
in the year		 (21,449) 60,i52
Cash and cash equivalents at the beginning
ofthe year 257,559 197,407
Cash and cash equivalents at the end ol'the
year 236.110 257,559

FOR THE Y EAR ENDE D 31 DFCEMBER 2020
2019
Notes f
Cash flows from operating
activities
Cash generated from operations (46,375) (62.591)
Investment
income		 20,645 26,157
Net cash front operating
activities		 25.730
Cash flows from investing activities
Purchase oftangible fixed assets (5,203) (6,712)
Purchase offixed asset investments (372.919) (384,992)
Proceeds from sale offixed asset investments 508,040 433,969
Net cash from investing
activities		 129.918 42,265
Increase/(decrease)
in cash		 and cash
equivalents
in		 the year 104,188 5,831
Cash and cash equivalents at the beginning
ofthe year 68,771 62,940
Cash and cash equivalents at the end ol the
year 122 939 68,771

performance ofthe cha r ity alon e is:
2020 20]9
f
Income 17,100 21,170
Government
grants		 10,000
Gift aid front subsidiary 12,625
lnvestinent
income		 20,645 26,157
47,745 59,952
Expenditure
on charitable		 actiidties (1,517) (3.718)
Support costs (92,915) {107,645)
(Loss)/profit
on disposal		 (1,252)
Gains/(losses)
on investments		 28,359 I47,686
Net income (18,328) 95.023
Fund balances
brought		 forv9urd 1,239,850 1,144,827
Fund balances carried forward 1.221,522 1,239,850
Represented
by:
Unrestricted
income funds		 1,221,522 1.239,850
4 (DEFICIT)/SURPLUS OFFl]NDS FORTHE YEAR
(Deficit)/Surp]us
offunds		 is stated after charging: 2020 2019
Staff costs 210,740 252,131
Auditor's
fees for audit		 services 4,510
Independent
examiner's		 fees 1,050
Auditor's
fees for accountancy		 and other services 5,211 8,187
Operating
lease costs		 29,256 34,426
Depreciation 5,005 4,458
5 INCOME FROM MEMBERS SUBSCRIPTIONS AND DONATIONS 2020 2019
Members
subscriptions		 1,190 1,120
Donations
and grants		 410 1,050
1 699 2 1711
6 SUPPORT COSTS 2020 2019
'f
Rent and rates 28,389 34,583
Insurance 12,926 10,186
Light and heat 2,372
Hire ofplant and machinery 1,400 1,546
Telephone 1.137 756
Travel expenses 218 525
Bank charges
and interest		 291 69
Printing,
postage and stationery		 1,131 8,516
Computer
expenses		 7,296 7, 194
Sundry expenses 391 2,013
Depreciation offixtures and fittings 3,122 2,521
Depreciation ofmotor vehicles 1,000 ],000
(Profit)/Loss
on disposals		 \,252
Auditors
remuneration		 2,260
independent
examination		 1,050
Accountancy 5,211 4,516
Legal and professional fees including investment management costs 10,481 15,461
76 416 92 396

DONATIONS, GRANTS AND SPONSORSH]P 2020 2019
Sponsorship ofShow Gardens 41,283
Donations 1,000 1,528
Grants
Other sponsorship and subscriptions 5]7 2,190
].517 45,001

During the shows, Harrogate shows, Harrogate shows, Harrogate Floiver Show Limited promotes Floiver Show Limited promotes horticulture horticulture through avariety ofmeans, through avariety ofmeans, including exhibitions, exhibitions, displays and
sponsorship. The Charity deems that part ofthe costs ofhosting the shows is charitable expenditure, and is shown as such in these accounts.
Abreakdown ofthe charitable expenditure by the subsidiary is shown below:
2020 2019
Rent 4,200 140,203
Marguees 21,674 144,219
Staging 7,64] 10P25
F]oral Art 364 21,020
ludges expenses 8,721
Prize Money 90 68,818
Show Features 1.515 50,385
Sponsorship 41,283
Charitable expenses 1,860
Salaries 17,863
35 484 505,297

The Charity has a trading The Charity has a trading subsidiary undertaking, undertaking, Harrogate Flov:er Show Harrogate Flov:er Show Limited, which is incorporated in England
and Wales		 England
and Wales		 (registered
number 02485663).The registered office address is the same as the parent, and can be found on the Company Information page. The
subsidiary
undertaking		 runs two flower shows each year. A summary ofits trading results is shown below.
2020 2019
f,
Ttmover 7,246 1,600,182
Cost ofsales (84,012) (762,983)
Gross profit (76,766) 837,199
Charitable
expenditure		 (35,484] (505,297)
Administration
expenses		 (244,113) (238,378)
Other operating
income		 56,687
Net (loss)/profit
before		 tax (299,676) 93,524
Net (loss)/profit
after tax		 (299,676) 93,524
Amount
gifted to Tbc North ofEngland		 Horticultural Society (12,625)
Surplus
/ (deficit)		 ~299.676) 80,899

9 RESULTS OFSUBSIDIA RY 1tN DER TA KIN G - continued
2020 2019
Turnover ofthe subsidiary comprises of:
Revenue
from sales ofgoods
Revemie
from provision ofservices		 7246 24,330
1.575 552
7 2:716 1,600,182
ZOZO Z019
Trading expenses ofthe subsidiary comprises of;
Cost ofsales 84,012 762.983
Administration
expenses		 244, 113 238.378
Less: management
charge to Thc North ofEngland Horticultural
Add: management
charge from The North ofEngland
Horticultural
Donations
and sponsorship		 Society
Society		 16,500
(15,500)		 ]6,500
(19.000)
~14I.2II3
329,125 957,578
2020 2019
Other operating
income:
Government
grants		 56,687
56687
10 ANALYSIS OF STAFF COSTS,TRUSTEE REMI)NERATION AiND EXPEiltSESI AND THE
COST OFKEY lVIANAGElE1EiNT PERSONNEL
2020 2019
Wages and salaries 186,153 226,880
Social security costs 18,165 177972
Pension costs 6 42' 7,278
21117411 252 I:Il
Other employee
benefits		 8.725 8,491
All employees
are employed		 by the subsidiary undertaking. No. No.
The average monthly
number		 ofemployees during the period was made up as follows:
Office and iuanagemenu
2020
f60,001 - f70.000: 1

2020 2020 2019
K
Diiddends
dt		 other distribuuons 20,i345 26.157
20,645 26.i57
12 TANGIBLE FIXED ASSETS
%7ebsite Show ground Mfltol' Fixtures and Trophies, Total
Development improvements Vehicles fittings plaques d8
medals
C8ROVIP
Costs:
At
1 January		 2020 6/05 125,999 5,000 31,454 811 169,469
Additions 5 o03 5.203
Disposals
At
I D		 I 20"-0 6 05 125,999 5.5100 36657 811 174.67
Depreciation:
At
1 January		 2020 6,205 125,999 3,000 13,48Q 148,684
Charge for year 1,000 4,005 5,005
Disposals
At 31December 2020 6.205 125,999 4,000 17485 153,689
Net book value
At 31December 2020 1,000 19.172 811 -"0083
Net book value
At 31December 2019 17,974 III I 0 185
Motor Fixtures and Trophies, Total
Vehicles fittings plaques &
medals
COMPANY
Costs:
At 1 January 2020 5,QOO 25,208 811 31.019
Additions 5,203 5,203
Disposals
At 31December 2020 5 00i) 30 411 811 36222
Depreciation:
At
1 January		 2020 3,000 10,130 13.130
Charge for year 1,000 3,123 4,123
On disposals
At 31December 2020 4000 13253 17.253
Net book value
At 31 December 2020 1 OOQ 17.158 811 18.969
Net book value
At 31December 2019 2000 15 &!77 811 17888

Listed Iinlisted Total
GROT.'P
Market Value
At I January 2020
Acquisitions
at cost
Sale proceeds
from disposals
Gain in the year
At 31December 2020		 1,097.882
372,919
(508,040)
28.359		 1,097,882
372,9]9
(508,040)
28.359
991.120 991 120
Historic cost at 31December 2020 8211543 820
43
Historic cost at31December 2019 941,031 941,03l
COMPANY
Market Value
At I January 2020
Acquisitions
at cost
Sale proceeds
from disposals
Gain in the year
At 31December 2020		 1,097,882
372,919
(508,040)
28.359		 1,097,886
372,919
(508,040)
28,359
991 12D 4 991124
Historic cost at 31Deceniber 2020 820 543 82D547
IIistoric cost at 31 December 2019 941,1131 941,035
All listed investments
are shown every year at market value, obtained		 from the investment management
reports.
Investments
are held primarily		 toprovide an Investment Renun for the Charity.

Subsidiary
tax reconciliation
Prof!t/(loss) on ordinary
acdvities before tax
Proi]t/Ooss)
on ordinary
activities mu]tiplied
ofcorporation
tax in the UK (19%)
Effects of:		 (see note 9)
by the standard		 rate 2020
f
t299,676)
('56,938)		 2019
97 524
17,770
Donation
to parent charity
Loss carried forward
Loss to carry forward
against
future profits		 56,938 (2,399)
(15,371)
20 ANALYSIS OF CHARITABLE FUNDS
ANALYSIS OFUNRESTRICTED FUNDS OFTIIECHARITY
GROIIP
Subsidiary
trading
funds		 General Designated Total
Balance at I January 2020
Income
Expenditure
Gains and losses		 742
7,246
(306.922)		 489,850
47,745
(94,432)
28,359		 750,000 1,240,592
54,991
(401,354)
28,359
Ba]ance at 31 December 2020
COMPANY General
f		 Designated
f		 Tora]
Balance at I January 2020
Income
Expenditure
Gains and losses		 489,850
47,745
(94,432)
28,359		 750,000 ],239,850
47,745
(94,432)
28,359
Balance at 31December 2020 471522 7.0000 12 1.522
ANAI.YSISOF UNRESTRICTED FUNDS O
GROt!P		 FTHE CHARITY -PREVIOUS Y EA.R
Subsidiarv General Designated Total
trading
funds
f
Balance at I January 2019
Income
Expenditure
Gains and losses		 (80,156)
1,600,]82
(1,519,284)		 394,827
59.952
(112,615)
]47,686		 750,000 1,064,671
1,660,134
(1,631,899)
]47,686
Balance at 31December 2019 742 489,850 750 0011 1 2411592

COMPANY General Designated rota)
Balance at I January 2019
Income
Expenditure
Gains and losses		 394,827
59,952
(112,615)
147,686		 750.000 1,144,827
59,952
(I]2,615)
147,686
Balance at 31December 2019 750,000 1,239,850