2021-09-30-accounts

				Page
Trustees' report				1-10
Trustees' responsibilities			statement
Independent	auditors'	report on the financial statements		12 —15
Consolidated	statement		offinancial activities	16
Consolidated	balance sheet			17
Society balance sheet				18 —19
Consolidated	statement		ofcash flows	20
Notes to the	financial statements			21 -45

				Unrestricted	Total	Total
				funds	funds	funds
				2021	2021	2020
			Note	E	E	F
Income from:
Donations, legacies	and grants			214,536	214,536	167,902
Charitable activities				170,701	170,701	46,984
Other trading activities				652,750	652,750	742,678
Investments				19,548	19,548	7,095
Other income				31,947	31,947	361,794
Total income				1,089,482	1,089,482	1,326,453
Expenditure on:
Raising funds				94,203	94,203	157,887
Charitable activities				989,054	989,054	1,223,110
Total expenditure				1,083,257	1,083,257	'l,380,997
Net income/(expenditure)		before net gains on
investments				6,225	6,225	(54,544)
Net gains on investments				50,263	50,263	4,322
Net movement in funds				56,488	56,488	(50,222)
Reconciliation offunds:
Total funds brought	forward			3,525,886	3,525,886	3,576, 108
Net movement in funds				56,488	56,488	(50,222)
Total funds carried	forward			3,582,374	3,582,374	3,525,886

				2021		2020
		Note		E
Fixed assets
Tangible assets		18		3,661,710		3,834,464
Investments		20		701,568		405,361
Investment property				525,000		525,000
				4,888,278		4,764,825
Current assets
Debtors		21	265,391		113,669
Cash at bank and	in hand		532,430		605,578
			797,821		719,247
Creditors: amounts	falling due within one
year		22	(482,885)		(377,177)
Net current assets				314,936		342,070
Total assets less	current liabilities			5,203,214		5,106,895
Creditors: amounts	falling due after more
than one year		23		(1,620,840)		(1,522,858)
Provisions for liabilities						(58,151)
Total net assets				3,582,374		3,525,886
Charity funds
Restricted funds		26
Unrestricted funds		26		3,5&2,374		3,525,886
Total funds				3,582,374		3,525,886

					2021		2020
			Note		E		E
Fixed assets
Tangible assets			18		3,661,710		3,834,464
Investments			20		701,573		405,366
Investment property					525,000		525,000
					4,888,283		4,764,830
Current assets
Debtors			21	447,633		102,309
Cash at bank and	in hand			126,423		490,654
				574,056		592,963
Creditors: amounts		falling due within one
year			22	(262,987)		(254,760)
Net current assets		/ liabilities			311,069		338,203
Total assets less	current liabilities				5,199,352		5,103,033
Creditors: amounts		falling due after more
than one year			23		(1,620„840)		(1,522,858)
Provisions for liabilities							(58,151)
Total net assets					3,578,512		3,522,024
Charity funds
Restricted funds			26
Unrestricted funds			26		3,578,512		3,522,024
Total funds					3,578,512		3,522,024

			2021	2020
			E
Cash flows from operating activities
Net cash	used in operating activities		(50,290)	(128,389)
Cash flows from investing activities
Dividends,	interests and rents from investments		19,548	7,545
Proceeds	from the sale oftangible fixed assets			581,500
Purchase	oftangible fixed assets			(1,335)
Proceeds	from sale of investments		46,716	58,099
Purchase	of investments		(291,684)	(95,529)
Net cash	(used in)/provided by investing	activities	(225,420)	550,280
Cash flows from financing activities
Increase/(repayments) of borrowing			202,562	(61,137)
Net cash	provided by/(used in) financing	activities	202,562	(61,137)
Change in cash and cash equivalents in		the year	(73,148)	360,754
Cash and	cash equivalents at the beginning	ofthe year	605,578	244,824
Cash and	cash equivalents at the end of	the year	532,430	605,578
The notes	on pages 21 to 45 form part ofthese financial statements

Donations,	legacies and grants
		2021	2020
Membership	subscriptions	17,734	19,681
Donations
Government	grants	196,802	148,221
		214,536	167,902

		2021	2020
		E
Interest receivable		9,712	603
Dividends	receivable	9,836	6,492
		19,548	7,095

Other	income
		2021	2020
		E	F
Profit	on disposal		333,096
Other	income	31,947	28,698
		31,947	361,794

Direct	costs
		Total	Total
		Unrestricted	Unrestricted
		2021	2020
		E	F
Finance	income and expenses	71,819	65,298
Show expenditure		335,712	322,301
Wages	and salaries	147,319	259,643
National	insurance	7,974	16,926
Pension	cost	10,213	10,659
		573,037	674,827

Support	cost	s f	or Soci	ety Activities
					Total	Total
					Unrestricted	Unrestricted
					2021	2020
					E
Salaries	and temporary			staff	141,956	254,836
National	insurance				12,677	23,521
Pension	costs				8,851	14,365
Other employment			costs		396	660
					163,880	293,382
Insurance					24,188	26,471
Property	and equipment			maintenance	7,855	8,251
Depreciation					134,268	134,762
Loss on disposal			offixed	assets	38,486
					204,797	169,484
Governance costs
Audit					11,155	10,575
Accountancy					4,531	4,171
Professional					14,168	30,505
Marketing					16,460	24,135
Society costs					1,026	16,031
					47,340	85,417
					416,017	548,283
Professional		fees
					2021	2020
					E	E
Stockbroking					6,389	4,398
Legal					7,779	27,921
Other						(1,814)
					14,168	30,505

	Unrestricted	Total	Total
	funds	funds	funds
	2021f	2021f	2020f
Society	989,054	989,054	1,223,110
Total 2020	1,223,110	1,223,110

				Total	Total
	Staff costs	Depreciation	Other costs	funds	funds
	2021 f	2021 f	2021 f	2021f	2020f
Society	328,990	134,268	525,796	989,054	1,223,110
Total 2020	579,950	134,762	508,398	1,223,110

	Activities
	undertaken	Support	Total	Total
	directly	costs	funds	funds
	2021	2021f	2021f	2020f
Society	573,037	416,017	989,054	1,223,110
Total 2020	674,827	548,283	1,223,110

				2021	2020
				E
Fees payable	to the	Society's auditor	for the audit ofthe Society's annual
accounts				11,355	10,575
Fees payable	to the	Society's auditor	in respect of:
The auditing	ofaccounts ofassociates		of the company	1,050	1,000
Taxation compliance		services		1,025	500

				Group	Group	Society	Society
				2021	2020	2021	2020
						E	F
Wages and	salaries			289,275	514,479	289,275	514,479
Social security costs				20,651	40,447	20,651	40,447
Contribution	to defined	contribution	pension
schemes				19,064	25,024	19,064	25,024
				328,990	579,950	328,990	579,950

Group	Group	Society	Society
2021	2020	2021	2020
No.	No.	No.	No.
13	23	13	23

			2021	2020
			F	E
On	other loans		?1,819	64,031
On	finance leases and hire purchase	contracts		1,267
			71,819	65,298

		Assets in
		the course
	Freehold	of	Fixtures and
	property	construction	fittings	Total
	F	F	E	F
Cost or valuation
At 1 October 2020	6,927,965	40,311	628,798	7,597,074
Disposals		(38,486)		(38,486)
At 30 September 2021	6,927,965	1,825	628,798	7,558,588
Depreciation
At 1 October 2020	3,234,162		528,448	3,762,610
Charge for the year	103,048		31,220	134,268
At 30 September 2021	3,337,210		559,668	3,896,878
Net book value
At 30 September 2021	3,590,755	1,825	69,130	3,661,710
At 30 September 2020	3,693,803	40,311	100,350	3,834,464

			2021	2020
				F
Plant	and	machinery	13,838	18,450

		Freehold
		investment
		property
		E
Valuation
At 1 October 2020		525,000
Surplus on revaluation
At 30September	2021	525,000

	Listed
	investments
Group
Cost or valuation
At 1 October 2020	405,361
Additions	291,684
Disposals	(46,906)
Revaluations	51,429
At 30 September 2021	701,568
Net book value
At 30 September 2021	701,568
At 30 September 2020	405,361

	Listed	Unlisted
	securities	securities	Total
Society	E		E
Cost or valuation
At 1 October 2020	405,361	5	405,366
Additions	291,684		291,684
Disposals	(46,906)		(46,906)
Revaluations	51,429		51,429
At 30 September 2021	701,568	5	701,573
Net book value
At 30 September 2021	701,568	5	701,573
At 30 September 2020	405,361	5	405,366

						Class of
Name						shares	Holding	Principal	activity
Kent Event	and Exhibition			Centre	Limited	Ordinary	100'/o	Raising funds for		the Kent
								County Agricultural		Society	by
								the hire of	the showground		to
								outside users
Why Farming		Matters	in Kent Limited			Ordinary	100'/o	Dormant
Farm Expo	Limited					Ordinary	100'/o	Dormant
Biddenden	Tractorfest		Limited			Ordinary	100'/o	Dormant

						Group	Group	Society	Society
						2021	2020	2021	2020
								F	F
Due after more than				one year
Other debtors						22,500	22,500	22,500	22,500
						22,500	22,500	22,500	22,500
Due within one year
Trade debtors						214,582	47,450	62,587	36,090
Amounts owed	by	group undertakings						334,237
Other debtors						28,309	43,719	28,309	43,719
						265,391	113,669	447,633	102,309
Creditors: Amounts				falling due	within one year
						Group	Group	Society	Society
						2021f	2020 E	2021	2020
Bank loans						148,121	37,828	148,121	37,828
Trade creditors						44,695	45,764	15,753	36,419
Amounts owed	to group undertakings							2	45,520
Other taxation	and	social security				79,833	67,343	29,402	67,343
Obligations under finance lease and hire
purchase contracts						615	7,380	615	7,380
Other creditors							25,736		838
Accruals and deferred				income		209,621	193,126	69,094	59,432
						482,885	377,177	262,987	254,760
Deferred income
								Group	Society
								F	E
Deferred income at			1	October				159,943	49,666
Resources deferred			during the year					132,789	11,754
Amounts released		from previous			years			(122,874)	(12,597)
								169,858	48,823

				Group	Group	Society	Society
				2021	2020	2021	2020
				E	E	E	E
Bank loans				1,607,836	1,508,187	1,607,836	1,508, 187
Net obligations		under	finance lease and hire
purchase	contracts				615		615
Accruals and		deferred	income	13,004	14,056	13,004	14,056
				1,620,840	1,522,858	1,620,840	1,522,858

	Deferred	income
								Group	Society
	Deferred	income at 1 October						14,056	14,056
	Resources deferred		during	the year
	Amounts	released	from previous		years			(1,052)	(1,052)
								13,004	13,004
24.	Financial	instruments
						Group	Group	Society	Society
						2021	2020	2021	2020
						F	E	E
	Financial	assets
	Financial	assets measured		at fair	value
	through	income and expenditure				1,226,579	930,361	1,226,579	930,361

Grou p a	nd Society
		Redundancy
		provision
		E
At 1 October 2020		58,151
Amounts	used	(58,151)

								Balance at
			Balance at 1					30
			October			Transfers	Gains/	September
			2020	Income	Expenditure	in/out	(Losses)	2021
					E	E		E
Unrestricted
funds
Designated
funds
Awards	Fund		35,971					35,971
Tangible		fixed
assets			2,804,394			(374,256)		2,430,138
Womens
Farming		Union	2,160					2,160
			2,842,525			(374,256)		2,468,269
General		funds
General	Funds		683,361	1,089,482	(1,083,257)	374,256	50,263	1,114,105
Total
Unrestricted
funds			3,525,886	1,089,482	(1,083,257)		50,263	3,582,374

Stateme	n	t offund	s - prior year
								Balance at
			Balance at					30
			1 October			Transfers	Gains/	September
			2019	Income	Expenditure	in/out	(Losses)	2020
								F
Unrestricted
funds
Designated
funds
Awards	Fund		36,471		(500)			35,971
Tangible		fixed
assets			3,139,172			(334,778)		2,804,394
Women	s
Farming		Union	2,171		(18)			2,160
			3,177,814		(518)	(334,778)		2,842,525
General		funds
General	Funds		398,294	1,326,446	(1,380,479)	334,778	4,322	683,361
Total
Unrestricted
funds			3,576,108	1,326,453	(1,380,997)		4,322	3,525,886

Summary offu	nds - current yea	r
						Balance at
	Balance at 1					30
	October			Transfers	Gains/	September
	2020	Income	Expenditure	in/out	(Losses)	2021
		E
Designated
funds	2,842,525			(374,256)		2,468,269
General funds	683,361	1,089,482	(1,083,257)	374,256	50,263	1,114,105
	3,525,886	1,089,482	(1,083,257)		50,263	3,582,374

Summary offun	ds - prior year
						Balance at
	Balance at					30
	1 October			Transfers	Gains/	September
	2019	Income	Expenditure	in/out	(Losses)	2020
	E	F	E		F
Designated
funds	3,177,814	7	(518)	(334,778)		2,842,525
General funds	398,294	1,326,446	(1,380,479)	334,778	4,322	683,361
	3,576,108	1,326,453	(1,380,997)		4,322	3,525,886

Analysis		of n	et assets between funds - current year
				Unrestricted	Total
				funds	funds
				2021 E.	2021f
Tangible	fixed		assets	3,661,710	3,661,710
Fixed asset investments				701,568	701,568
Investment		property		525,000	525,000
Debtors	due after more than one year			22,500	22,500
Current	assets			775,321	775,321
Creditors		due	within one year	(482,885)	(482,885)
Creditors		due	in more than one year	(1,620,840)	(1,620,840)
Total				3,582,374	3,582,374

28.	Analysis	of net assets	of net assets	between	funds (continued)
	Analysis	of net assets		between	funds - prior year
						Unrestricted	Total
						funds	funds
						2020	2020
							F
	Tangible	fixed	assets			3,834,464	3,834,464
	Fixed asset investments					405,361	405,361
	Investment property					525,000	525,000
	Debtors due after more			than one	year	22,500	22,500
	Current assets					696,747	696,747
	Creditors	due	within one year			(377,177)	(377,177)
	Creditors	due	in more than one year			(1,522,858)	(1,522,858)
	Provisions	for	liabilities	and charges		(58,151)	(58,151)
	Total					3,525,886	3,525,886
29.	Reconciliation		of net	movement	in funds to net cash flow from operating	activities

										Group	Group
										2021	2020
											E
Net income/expenditure		for	the	year	(as	per	Statement	of	Financial
Activities)										56,488	(50,222)
Adjustments for:
Depreciation charges										134,268	134,762
Losses on investments										(51,239)	(4,472)
Dividends, interests	and	rents	from	investments						(19,548)	(7,545)
(Increase)/decrease	in debtors									(151,722)	22,860
Increase in creditors										1,129	54,350
(Decrease)/increase	to provisions									(58,151)	41,951
Profit on disposal of	fixed asset									38,485	(320,073)
Net cash used in operating			activities							(50,290)	(128,389)

Cash	in hand
Total	cash and cash equivalents

Group	Group
2021	2020
	f.
532,430	605,578
532,430	605,578

			At 1		At 30
			October		September
			2020	Cash flows	2021
				E	E
Cash at bank and		in hand	605,578	(73,148)	532,430
Debt due within	1	year	(37,828)	(110,293)	(148,121)
Debt due after 1 year			(1,508,187)	(99,649)	(1,607,836)
Finance leases			(7,995)	7,380	(615)
			(948,432)	(275,710)	(1,224,142)

payments	un	der non-cancellable operating lease	s as follows:
			Group	Group	Society	Society
			2021	2020	2021	2020
			E	E
Not later than		1 year	13,880	13,880	13,880	13,880
Later than	1	year and not later than 5 years	26,661	40,421	26,661	40,421
Later than	5 years			300		300
			40,541	54,601	40,541	54,601