Kent
County
Agricultural Society
KENT COUNTY AGRICULTURAL SOCIETY
(A company limited by guarantee)
{Company No. 2556508. Charity No. 1001191)
Patron: HIS ROYAL HIGHNESS THE DUKE OF KENT, KG
Chairman.. MAThHEW RICHARD CULLEN
Trustees, report and financial statements
for the year ended 30 September 2025
KENT COUNTY AGRICULTURAL SOCIETY
KENT SHOWGROUND
DETLING
MAIDSTONE
KENT
ME14 3JF
Tel: 01622 630975

KENT COUNTY AGRICULTURAL SOCIETY
IA company IlmÈt•d by guarant￿)
Contents
Page
Roferenca and admlnl$tratlvo detalls of th• Socl•ty, Its Trustees and advlsers
Trustees. report
Trust•os' r•sponsibilities statement
11
Indeptrndent audltors. rnport on the flnan¢lal statements
12-16
Consolidatod statom8nt of financial a¢tlviti•$
17
Cons¢lldat•d balanco sh•ot
18
So¢loty balance sheet
19
C¢nsolidated statement of cash flows
20
Notes to the flnanclal statements
21-42

KENT COUNTY AGRICULTURAL SOCIETY
IA company limited by guarantee)
Trustgas. report
for the year endod 30 September 2025
Refèrence and admlnlstratlon detaSls of the Socl•ty, Its Truslo0$ and advlsors
Namo
The full name is Kent County Agricultural Society. The Society is exempl from the requirement lo use the word
'Limited" in its title.
Roglstratlon numbors
The Society is registered as a charity under number 1001191 and as a limited company under number 2556508.
Patron
HIS ROYAL HIGHNESS THE DUKE OF KENT, KG
Prosident
William Boscawen
Chalmlan
Richard Julian Barnes Iresigned 14 February 20251
Matthew Richard Cullen lfrom 14 February 20251
TrustO8S
Mr R J Barnes. Chaimian Iresigned 14 February 20251
Ms J A Loraine, Vice Chair
Mr H Summerfield FCA, Honorary Finance Director (deceased 30 September 20251
Ms S Matthews (resigned 14 February 2025
Mrs S K Gaines
Mr N Lakeland
Mr N M Bolas
M5 C E SeyThour
Mr J J C McGrorty Iresigned 14 February 2025)
Hon F A W M Comwallis
Mr M R Cullen
Mr J W Boolh
Mrs K Boulden {appointed 14 FeLYuary 20251
Address of registered office
Kent Showground
Deuing
Maidslone
Kent
ME14 3JF
Pag8 1

KENT COUNTY AGRICULTURAL SOCIErY
(A company Ilmlted by guarantsel
Trustees. report (continued)
for the year ended 30 SepteM￿r 2025
Advl$ors:
Independènt auditors
Kreston Reeves Audtt LLP
Statutory Auditor
37 St hAarga￿t'S Street
Canterbury
K8nl
CT1 2TU
Bank•rs
Barclays Bank PIC
13 Fremlin Walk
Maidstone
Kant
ME14 1QG
Sollcitors
Brach8rs LLP
59 London Road
Maidslone
Kent
ME16 7VH
Invastment managers
Cazenove & Co
12 Moorgale
London
EC2R 6DA
J.M. Finn & Co Ll
4 Coleman Street
London
EC2R STA
HR Consultants
Outset IUKI Ltd
Vinters Business Park
New Cut Road
Maidslone
Kent
ME14 5NZ
Page 2

KENT COUNTY AGRICULTURAL SOCIETY
IA company 11m1t￿ by guarant￿)
Trustees. report {contlnu8<ai
for the year ènded 30 Septefflber 2025
struetur•. governan￿ and managom•nt
Constltution
The SocAety is a company limited by guarantee and doès not have a share capital. It was incortK)rated on 8
November 1990, and its goveming documents ara the Memorandum and Artlcle$ of Association as amended on
7 October 2011.
The li8bility of members is limked lo a maximum £1 each in the event Df a winding up resulting in a def￿11. In the
event ol a winding up producing a surplus, that surplus musl be donated to another charity having similar
objedivos.
The Society was formed lo lake over the undertaking and assets of the unincorporal8d assooation of the same
name which had for many years previously held Ihe annual Kent County Show and this took over on 29 January
1991.
Subsldlary ¢ompanles
At 1 October 2024 and 30 Sgplomber 2025. Kent County Agri¢ultural Society had four wholly owned
8ubsldiaries=
Kont Event and Exhibltlon C•ntr• Llmlted:
This subsidiary carries out those activities that would not be exercised in carry'ng out the primary
purposes of the Kent County Agri¢ullural Society. being the hire of the showground.
Why Farming Matters in Kent Limited..
This company has remained dorniant throughout the year lo 30 September 2025.
Farni Expo Llmited..
This company has ramained dormant throughout the year lo 30 Septèmber 2025.
Blddenden Tra¢torfest Limited:
This company ha8 remained dormant throughout the year to 30 September 202S.
Further dglails are sel out in note 20 to these accounts.
The oble¢t5 and polic1*¥
Vision Statement
To be the leading county show and event venue In the South East of England.
Objectives
lo deliver our charitable objectives effectivèly, publicise our activities and engage a broad nett¥ork of
support
to ensure the Society remains financially sustainable with adequate reserves
lo support our staff to be a highly skllled and effective team
lo ensure year on year growth through the provisioft of a high quality, go¢)(J value experience at all our
events
to inspire and educate young people whilst engaging a wider audignce In agriculture and the countryside
Page 3

KENT COUN￿ AGRICULTURAL SOCIETY
IA company Ilmlt•d by guarant•el
Trustees. report (contlnuedl
for the year ended 30 September 2025
The obj•cts and policies lcontlnued)
The objects and policies a￿ sel out in the Memorandum ol Association as being..
the improvemenl of agriculture, forestry, horti¢ullure, allied industries, rural craft and the breeding of
Iiveslock
the demonstration of improved methods and processes connected wth the above
the holding of an annual show for the exhibition of livestock, equines, farm produce, horticullural produce.
machinery. implements. tools, appliances, utensils. animal food, fertilis8rs, seeds and other
things connected with or appertaining lo agriculture
the encouragernent of agricultural and horticultural education. research and experimental work by
publications, grants or other means
lo promote such other charitsble measures as the Company may from lime lo time delemiine
The vision that shapes our annual activrties remains the promotion and improvement of agriculture by the
provision of facilities for the education and recreation of the public and to support and enhance the practices of
the farming communSty.
In sh8plng our objectives for the year and planning our activities the Trustees have considered the Chanty
Commission's guidancè on public benefit. The running of the annual Kent County Show relies on the income
generated by the subsidiary Iradirig company. Affordability and access lo tho Kgnt County Show is important lo
the Swety and is considered carefully wh@n setting entrance fees.
Thg strategies employed lo achieve the Society's aims and objectives a￿ to..
present a broad range of displays, entertainment and competition al the annual Kent County Show and lo
nurture links with the wider community through sponsorship opportunibes and the presentslion of
agricultural long service award5
invite every primary school in Kent to the annual educational show, Living Land
award prizes, funding and bursaries lo students following courses of study in keeping with the objacts of
the Society and lo foster relationships with them during this time and beyond
support the Kent Young Farmers Clubs particularfy with the wnning of livestock dasses at the annual Kent
County Show but also through awards and financial support during the year
maintain links and develop relationships with rural colleges in the South East to fully unéerstsnd the needs
of todays rural students and entrants into the agricultural industry in order to best support them
demonstrate the latest in agricultural methods and machinery and host debates on up lo date topics
through the holding of an annual Fam) Expo
encourage inleresl and knowledge in agriculture by sponsorship of the Kent Ploughing ChaMp￿nshipS
and attending ploughing matches wth an edLtcational display
enhance the funds generated by the subsidiary by maximising income and managing costs
To pul these strategiès into action we have three major areas of activity which are..
educational and recreational events including the Kent County Show, the Herttage Transport Show. Living
Land, Fami Expo and Biddenden Traclorfesl
educational programrnes including awards. grants and bursaries
increasing public awareness of farming in Kent through netsvorking. advertislng and publication.
The oryanlsatlon
The organisation of the Soaety is as follows..
The Executive Board of Directors. who are also Trustees, exercise the general control and management..
The Council acts in an advisory capacity lo the Direclors on matters affecting policy and goneral mana9emgnL
One standing committee. known as the Show Commiltee, together with various advisory sub commrttees, assist
the Directors with the operations of various departments of the annual Kent County Show and other specrfic
a¢tivities:
Page 4

KENT COUNTY AGRICULTURAL SOCIEr
IA company limited by guarant¢el
Trustees. report l¢ontinuedl
for the year ended 30 sePtem￿r 2025
The day lo day management generally is delogated to three Board Members who are supported by the senior
Management Team.
Tru$to0 ro¢rultment. Inductlon and tralnlng
The Trustees continue to seek lo klenlify suitable individuals with an sjnderstanding of the agrfcultural and wral
community andlDr gvent and èxhibition expgrignce with a view to serving on the ￿ard. The Trustees all have
particular and relevant skills which enable them lo ¢onlribule lo the work of the Society. Their knowledge of good
practice, changes In legislation and technical issues is supplemented by publications issued by the Charity
Commission and other relevant organisalions and attendance al appropriate conferencgs and trainings. New
Trustees are provided with detailed background inlormalion about the Society, copies of the con31itulion of the
Society, cu￿ent financial data and other documents relevant to the operation of Ihe Society.
Pay pollcy for $enior staff
The Trustees consider the Board of Dlrectors, who are the Trustees, and the senior management team comprise
the key management personnel of the Souety in charge of directing and controlling, running and operating the
Society on a day to day basls. Al Trustees give IheSr Ilme freety. Details of Trustees. expenses, remuneration
and related paty transa¢lions are disclosed in noles 15 and 3110 the accounts.
The pay of senior stsff is reviewed annually and normally increased in accordance with average eamings. In
order lo ensure appropriate pay levels. the Trustees instructed an independent HR profgssional lo bench mark
the remuneration in 2014 and consKler annually the need to repeat this process.
Restrictions on m¢thods of operation
The constitution imposes no restrictions on the Societys method of operation.
A¢hl•v•monts and perfomiance
The Kent County Agricultural Society has 8njoy8d a landmark year in 2025, dellvaring an exceptional programme
of events and educational iniliats'ves that celebrated Kent's countryside. slrenglhened community connections.
and supported the next generats'on of rural professionals. Across the calendar, participation and engagomenl
continued lo grow. reinforcing the Society's role at the heart of Kent's rur￿ life.
The 2025 Famiing Conferenee, held on 22 January. entered its fourth consecutive year with a record tumoul and
a renewed focus on the future of sustainable agriculture. This year's theme Regenerab've and Sustainable
Famiing Practices reflected a topic of growing significance within the industry. Hosted by Andrew Ward, the
event welcomed a panel of expert speakers including Silas Hedley Lawrence and Sir Peter Kend811, alongside
local farmers Douglas Wanstall and Peter Bromley, who explored the challenges and opportunities of adapts'ng
farrring systems fof both profitability and environmental health. A lively Q&A session rounded off the evening.
demonstrating the appelile among farmers lo share experiences and learn collaboratively.
The success ol this year's conference underscored the value of ¢rgaUng spaces where the famiing community
can engage in open discussion, exchange ideas, and build resilience for the years ahead.
Held on 4 March 2025, Fam) Expo once again proved lo be a vital meeting point for the agricultural sector. The
event f9atured a new, more accessiblo 18yOUt that enhanced visitor flow and exhibitor visibility. in¢luding
dedi¢ated Networking Hub in the Maidslone Exhibition Hall and an expanded outdoor demonslralion area.
Visitors were welcomed by an IMp￿Ssive range of both returning and new exhibitors, offering everything from
I￿e$loCk supplies and dothing lo cuttingodge machinery and agri-lech innovations. Despite the favourable
drilling weather that affected the attendance, the day retained a strong tumoul and vibrant atmosphere. Farm
Expo continuas lo deliver valuable opportunlties for farmers. suppliers, and agricultural professionals lo connect,
share eyrtise, and discover emerglng solutions shaping the industy's future.
Page 5

KENT COUNTY AGRICULTURAL SOCIETY
IA company limited by guarantee}
Tru$t8es' report {¢ontlnued}
for the year ended 30 Septembor 2025
The Heritage Transport Show. held on 5 Apnl 202S, brought together enthusiasts and families alike for one of
the most successful editions yel. In partnership with the South East Bus Festival, the event drew ovef 3,500
visitors and featured more than 2,600 exhibitors. traders. and food vendors. With glorious spring weather setting
the lone, Ihe Showgroulld was alive wth the sights and sounds of transport through the ages from gleaming
vintage car5 and classic buses to motorcycles, tractors, and steam engines. The 2025 Show not only celebrated
the vehicles themselves but also the dedicated community of restorer5, collector5, and volunteers whose
passion keeps this rich herffage altve. The continued growth of the event demonstrates its firm place as one of
the region's most anticipated celebratSons of motoring history.
On 1 May 2025, more than 2.600 primary school children attended Lwing Land at the Kent Showground bringing
the lolal number of pupils who havg taken part in the event lo around 60,000 since its inception. This fr96
educational day introduces children aged 7-9 to the world of food. farrning, and the countryside through hand5-
on experiences and engaging exhibits. Highlights included the return of the Moving Machinery display, featuring
impressive equipment from Crawfor(Is, Tuckwells, and Hope Conlraclors.. live demonstrats'ons frorn The Sheep
Show and a working milking parfour., and the popular Touch & Taste Zone, where pupils explored local produce
and food production. Living Land continues lo inspire curiosity and understanding about foLxJ Provenance and
the environment. This year's event also c81gbrated suc¢8ss stories like that of Ashleigh Yales. a former Living
Land attendee and current K&nt Rural Scholar, demonstrating the long-term impact such initiatives can have on
ung lives and careers in agriculture.
The Kent County Show 2025. held on 44 July. retumod in sWe for three days of celebrafjon, with fine weather
helping lo rnake it one of the most enjoyable Shows in fe¢enl years. A wnajor highlight of this yearfs event was a
Royal visit from Her Royal Highngss The Duchess of Edinburgh, who toured the Showground and met exhibitors,
produceTS. and members of the farming cornmunity. The Show focused on demonslraling the incrgdible value
included in every visitorfs ticket, with a wealth of free attractions and experiences for all ages. Livestock
competitions remained a central draw. alongside the expanding Equine Village, Woodland Area, and
Countryslde Vlllage. The 2025 Show also marked the 80th anniversary of the Kent Federation of Young Farmers,
Clubs, a milestone proudly celebrated through competitions and demonstrations showcasing youth tslent. New
additions included the Festival of Food, highlighting Kent's exceptional10¢81 produce, and Groovès on the Green,
post-show celebration for axhibitors and volunteers. The success of this year's Show reflects tha d8dication of
the Societys committegs, volunteers. and stsff all Working together to create an industve, vibrant celebration of
Kent's rural community.
Bidder)den Tractorfest 2025, held on 1ftr17 August, maintained Ils impressiv8 vlsitor numbers, welcomi
around 19,000 attendees across the weekend and selling out on both days. Run by a dedicated volunteer
committee with the support of KCAS and Show Manager Lucy Hegarty, the event continues lo offer a Iraditional
countryside day oijt while evolving lo include a diverse mix of entertainment and community involvement. Over
300 Iraclors were exhiblted a record number alongside classic cars. steam engines. emergency vehi¢le5, and a
new military section. Three arenas hosted live displays and music, while more than 100 trade stands and 30
caterers showcased local produce and craftsmanship. Two new Principal Sponsors, Kent D8sign Studio and
John Page Trailers, joined a growing list of local supporters, reinforcing the event's reputation as a cherfshed
commLJnity fixture. Funds raised wll On￿ again support local and agricultural charities, as well as KCAS'S
educatSonal Inlllatlves, Including transport funding for schocAs attending Living Land 2026.
The Kent Rural Scholarship Scheme enl8red its tsnlh year in 2025, contlnuing to 8UPPOrt Kent-based students
pursuing degrees in agricultural and land-based disclplines. To dale. 28 students have benefitted from the
scheme, which awards £1,000 per year for up lo three years of study. The programme remains central lo the
So¢iety'5 educational mission. helping to equip young people with the knowledgg and experience lo contribute to
the future of Kent's rural industries.
The Kent Event and Exhibltion Centre has enjoyed Its strongest year in a decade. wfih the 202&k2025 ffnancial
year marking a new high point for both activity and perfomiance. The venue continued lo attract a wlde variety of
clients from major public exhibitions to corporate events and celgbralions while maintaining a strong relum of
established shows such as The Garden Show, Military Odyssey, Paws in the Park, and the Anliqu8s Fair. A
particular highlight was the Kent Inlemalional Jamboree in August, which saw 8,000 participants on sit8 for three
weeks, including a concert by Scoullng for Girfs and 8 closing-night fireworks display. The Centre also welcomed
new conference clients. including Pandora Events. Alelheia Academies Trust. Eurotunnel, and Demelza. fijrther
diversify'ng its portfolio. The team continues lo work closgly with marketing speci8llsts to enhan￿ the venue's
Pagè 6

KENT COUNTY AGRICULTURAL SOCIETY
{A ¢ompany Ilmltod by guaranto•1
Trustees. report {continuedl
for the yoar endod 30 Sopt¢mbgr 2025
profile and online presence, ensuring the Kent Event Centre remains K¢nl's leading exhibition and events venue.
The surplus generated from its activities will once again be donated to the Society through Gift Aid, directly
supporting our charitable and educational objectives. As can be appre¢ialed from these financial Stslemenls and
those of previous years, the income generated by the Kent Event and Exhibition Centre Limited continues to be
koy to the financial stability of the Kent County Agricultural Society.
The major financial results of the group are detailed in the attached slalomants of financial adiviligs and balance
sheets, together with the notes to the financial statements. In the year gndgd 30th September 2025 the group
generated a surplus of unrestricted income over expenditure before investment gains or loss and taxation of
£46,287 12024.'deficit £184.4271 as reported on page 17. After realised gains on investment dispDsals and
unrealised profits on investment market value movernent. the group was increased to £93,746
{2024..deficil of £189,959).
Voluntary assistance
The Society is grateful for and Sub$tsn￿a1lY dependent on unpaid voluntary help over the days of the Kent County
Show and other Society events. Voluntary assistance was provided by stewards. judges and committee
members, some of whom are members of the council.
Community and educational support
Supporting education, cornmunity engagement. 8nd the pr(xnolion of Kenys rural industries remains central to
the Societls charitable purpose. In 2025, the Society extended rf(s commitment lo learning and public
engagement through a wide range of activities that continue to connect people gf all ages wilh fam)ing and
countryside lrfe. The Society was proud once again to deliver its Irg9 educational iniliatlvg, Living Land, which
welcomed Over 2,600 primary school children to the Showground in May. The event, now a firm fixture in the
Kent education calendar, provides pupils wlh hands-on leaming experiences about food, farming, and the
environment, encouraging curiosity and awareness aboL¢I where their food comes from. Beyond Living Land. the
So¢iety continued lo support agricultural education through the Kent Rural Scholarship Scheme, which assists
Kent-based students pursuing higher education in land-baspd subjects. With fv40 new scholars joinlng the
programme this year. the scheme has now supported 28 students in ils ten y8ars, helping th8m gain the skills
and knowledge needed to contribute lo the countys rural economy. The Society also values its strong
partnerships wth community groups. schools, and organisalions across Kent. In 2025, Biddenden Tractorfest
again ¢ontributgd towards the cost of school transport for the followng yearfs ￿VIng Land, ensuring more
children can benefit from the experience regardless of location or finanrAal arcumslance. Through these ongoing
efforts, the Society continues to uphold its rnission of fostering understanding, Opportunity, and engageTnenl
acros5 Kent's rural communities. We continue lo support Young Fam)ers Clubs in Kgnt by making available
event space at the Showground lo facilitate training and other activities.
Investmont powers and pollcy
The Socievs investment powers are sgt out in Ihe Memorandum of Assoaalion and are lo "invest thè moneys
of the company not immediately raquired fof the furtherance of its obje¢tives in or upon such investment,
securities or propety as may be thought frt, subject nonetheless to such conditions Irf any) and such consents Irf
any) that may b& imposed or requlred by lavl.
The SocielVs investment policy is based on professional advice and is to invgst to produce short term income
and capital appreciation with long term capital protection.
The income generated from listed investrnenls in the year amounted to £7,74112024.. £9.1991-
Flnanclal revlew of the subsldlarlas
The financial contribution made by the subsidiary the Kent Event and Exhibition Centre Limited, through its grft
aid payment will be £623,239 12024.. £458,241) representing the surplus made from its activities. This surplus
was achieved after the Society had made proper charges for th8 usa of tha showground and for all relevant staff
and other facilities used by the subsidiary.
Page 7

KENT COUNTY AGRICULTURAL SOCIETY
IA company IlmFt•d by guarantsel
TN$t•e$' report Icontinuedl
for the year endod 30 S&ptem￿r 2025
The subsidiaries Why Farming Matter5 in Kent Limited, Fam Expo Limited and Biddenden Tiactorfest Limlted all
remained dormant throughout the year.
Flnancial revSew of tho Soclgty
The Society producgd gross income of £1.291.953 12024.. £1,152,567) and incurred direct costs lgxcluding
support costs) of £l,057.660 12024.. £988.6951 to give a gross surplu5 of £234.293 12024.. £163,872). Society
support costs as reported in note 10 amounted to £459,72412024.. £517.9791. This produced an overall deficit
for the Society of £225.43112024.' £354,107).
During tho ygar the Society continued to monitor and update a dètailed risk assessment programme wlh
professional ¢onsultan15 engaged lo assist with meeting ils obligations in this respect.
Key perfomiance indicators
The Trustees and management regularly rev6ew a series of Key Performance IndScalors IKPlsl to assess both
the financial and operation81 health of the Society and its subsidiary. the Kent Evènl and Exhibition Centre Ltd.
These KPIS help ensure that Charitsble objectives ar8 mgt 8ffi¢lently and that the organisalion remains financially
sustainable. During the 2024-2025 financial year, p@rfom)ance was a55essed against the following key areas.
Event Attendance and Engagem•nt: Visitor numbers across all events Temained strong, with consistent
attendance at the Kent County Show and a full se114)ut ft)r Biddenden Tractorfesl. Educational events such
as Living Land maintained capacity demand. with the 2026 edition already fully subscribed.
Flnanclal Sustalnablllty: The Society achieved a positive flnancial outcome for the year, supported by a
robust surplus generated through the Kent Event Centre and heamhy levels of event sponsorship and
exhibitor participation.
Educatlonal Impact: Participation in educational programmes continued lo meet or exceed expectations.
The Kent Rural Scholarship Scheme sustained enrolrnenl and mainlain8d high engagement levèls from
partner colleges and universities.
stakeholdèr and Cllent Sati5fa¢tion.' The Kent Event Centre ￿Corded high levels of client satisfaction.
th strong repeat business and new dienl acquisition rèflècting the venue'5 quality and flexibility.
Collectively, these indicators demonstrate that the Soci9ty ¢onlinues to perform strongly against its
objectives. balancing Community benefit, educational delivery. and financial responsibility.
The Trustees recognise that the cost of the annijal show will far outweigh the revenue g&ngraled by it for the
Socitsty and the shortrall wll be covered by the profit of the Societys trading subsidiary, Kent Events and
Exhibition Centre Limited.
Thè key performance indicators can bè m8asur9d reliably by looking at the financial results of trx)th the Soaety
and its trading partners.
This concept can only happen as a result of the Kent Event and Exhibition Centre Limited allowing over 300
ovents lo take place al the Showground results'ng in a year end profit of £623,239.
Page 8

KENT COUNn AGRICULTURAL SOCIETY
(A company limlt•d by guarantèe)
Trusl•es' report (continued)
for the year endod 30 September 2025
ReSer￿S poll¢y
The Society's policy is to maintain sufficient reserves to safeguard its financtal stability and ensure the continuity
of its ¢harilable activities in the event of unforeseen circumStan￿s. Reserves a￿ held lo provide a buffer against
fluctuations in event income, support future development of the Showground, and allow the Society lo invest in
ils charitable obj@ctiVg$ including education. scholarship, and public engagement. The Trustees regularly review
the reserves position to ensure that it aligns with the Society's strategic prioritlgs and risk management
framework. The Society continues to be reliant on the nel income of the Kent Evgnt and Exhibition Centre Ltd lo
facililale the County Show, Society events and Charitsble objectives as well as assisting in the bank loan capital
repayTnents.
The Society holds total unrestricted reserve$ al 30th September 2025 of £3,695,03612024: £3.601,2901 of which
£3.282.619 12024.. £3,083.5071 has been designated as representing the tangible fixed assets of the Society,
less the associated borrowings. Therefore, general unrestricted reserves at 30th September 2025 amounted to
£312,41712024.' £517,783).
The Trusteas remain confident that the Socievs financial strategy, prudent reserves policy. and continued focus
on efficiency provide a sound foundation for future operations and the delivery of ils mlsslon lo promote
agriculture. educats"on. and rural life in Kent.
Flxed assets
In the opinion of the Trustees the value of Ihe freehold land and buildings is substantially in excess of the written
down value.
Prfnclpal rlsks and uncertalntles
The Trustees are a¢utely aware of the need lo identify and manage risks and Implement a risk management
strategy with advic8 from a professional safety consultant which comprises..
an annual review of the need lo identify and manage rfsks and un￿rtaint[eS fa￿d by the Society. its
subsidiary Kent Event and Exhibition Centre Limited and the Society events, the Kent County Show. Farm
Expo, Heritagg Transport Show and Living Land and Biddenden Traclorfest.
the establishment of policies, Systems. and procedures to mitigate Ih¢)se Ttsks identified in the annual review..
and
the implementation of procedures designed to minimise or manage any potential impact on the Sodety
Should thos8 risks malerfalise.
Attention has been given lo non-financial risks arising from events such as, bul not exclusively, ffi￿, health and
safety of the public, animal health hazards and food and hygiene issues. These risks are managed by ensuring
accreditslion is up to dat8 and by having robust policies, procedurgs and risk assessments in place which a
detailed in the Health and S8fety Policy and supporting documents. The Society is in regular contact with the
safety consultant throughout the course of the year.
Thls work has also identrfied that adverse weather or traffic Incidents over the period of the Kent County Show
can have a severe impact on visllor numbers. While the Trustees accept that these events are OLJtside their
control, there are emergon¢y procedures in place and improvements have been made lo access the site
allowing il to cope with the most adverse weather. The mechanics of Command-and-conlrol procedures allow
ft)r fast time decisions to be made up to and indudin9 the point of needing to abandon the Kgnt County Show.
The Trustees a￿ m8naging the financi81 impact of these risks by building up a sufficient level of reserves to
safeguard th& Society against the absence of budgetgd income as a result of such an adverse event.
Page 9

KENT COUNTY AGRICULTURAL SOCIETY
(A company Ilmhd by guarants¢l
Tru5tees' report {continued}
lor the yaar èndgd 30 September 2025
Plans for future peri¢xls
Looking ahead lo 2026 and beyond, the Society remains focused on strengthening ils charitable impact,
expanding its edUcat￿)nal outreach, and ensuring the wntinued success of its shows and events. Following an
eXC8PtiDnal year of activity and engagement in 2025. the Society will build on this momentum by investing in both
infrastructure and wmmunity iniliatwes that align with its long-lerm vision. A key focus wll be the continued
development of the Kent County Show, ensuring it remains one of tho countys premier rural celebrations.
Planning for the 95th Kent County Show. to be held on 3rd, 4th, an(J 5th July 2026, is already underway, with an
ernphasis on enhancing visitor experience, accessibility, and educattonal content. The 2026 Show will also
furthgr expand the Festival of Food, which made its successful debut in 2025, alongside new interactive fealurtrs
within the Living Land Village and Equine areas.
As part of the Societys growing commitment to education and rural Ca￿er5, 2026 will also see the inlroducts'on
of a brand-new Agricultural Careers Day. This dedicated event will connect students and young people wlh
industry Professionals, training providers, and employers, helping to inspire and guide the next generation of
agricultural talent across Kent and the South East. The Society will continue lo invest in ils education and
scholarship programmes, recogni5ing their long-lerm importance in inspiring and equipping th8 next gtsneralion
of rural professionals. This includes the ongoing developrnent of the Kant Rural Scholarship Scheme.
broaoenlng engagement with colleges and universities, and supporting additional outreach opportunities that
connect students with tho agricultural sector.
The Kent Event and Exhibition Centre will remain an essential contributor lo the Societls financial sustsinability.
Plans for 2026 include strengthening partnerships with returning clients, welcoming new businèss across
exhibitions, conferences, and community events, and furthering marketing efforts to raise the profile of the
venue. Continued investrnenl in faalilies. digital promotion, and customer service will ensure that the Centre
retains ils position as Kent's Seading large-scale event venue.
Through careful stewardship, innovation, and collaboration. the Kent County Agricultural Society wll conts'nue lo
uphold its founding principles promoting agriculture. education. and rural life while ensuring thg organisation
remains resilient, relevant. and ready to meet the opportunitI8s and ChaI￿ng9S of thg years ahe8d.
In all of these activities. the SoGigty remains stsadfast In tts mlsslon to promote agriculture. education. and rural
life across Kgnt. By ¢ombining high-quallly public events, educational prograrnmes. and scholarship inilialives
with sound financial management, the Trustee5 are confident that the Society will conlinug to deliver meaningfijl
impact for the Community while safeguarding ils lon*lemi sustainability. These plans form the foundation for
another yeai of growth. innovation. and engagement in 2026 and beyond.
Dlsclosure of Intormatlon to audltors
Each of the persons who are Trustees at the lime when this Truslees Report is approved has confimied that
50 far as that Trustee is aware, there is no relevant audit infomialion of which the charrtable group's
auditors are unaware. and
that Tnjstee has taken all stgps that ought lo have been taken as a Trustee in order to be aware of any
infomiation needed by the charitable group's auditors in connection wf(h preparing their report and lo
est8bllsh that the charitable group's auditors are aware of that information.
The audit registration of Kreslon Reeve$ LLP was lonsfgrred to Kreslon Reeves Audit LLP on 6 Octobfjr 2025.
Kreslon Reeves Audit LLP were fomially appointed a5 auditor to the company on 6 October 2025.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Mr M R Cullén
Chairman
Date.. 10 December 2025
Pagg 10

KENT COUNTY AGRICULTURAL SOCIETY
{A company limited by guarantvl
Statement of Trustees. rè$ponsibilities
for the year ended 30 September 2025
The TnJslees (who are also the directors of th8 Sooety for the purpos￿ of company lawl are responsible for
preparing tho Trustges. report and the financial statements in accordance with applicable law and United
Kingdom A¢countin9 Stsndards Iunited Kingdom Generally Acceptsd Accounting Practice).
Company law requires the Trustees lo prepare financial statemen15 for each financial . Under company law. the
Trustees musl not approve the financial ststemenls unless they are satisfied that they give a true and fair view of
the slate of affairs of the Group and the Society and of their incoming resources and application of resources.
including their income and gxpenditure, for that period. In preparing these finanaal stslements, the Trustees are
required lo..
select suitable accounting pollcies and then apply them consistently,
observe the rnethods and principles of the Charities SORP IFRS 1021;
make judgements and accounting eslimales that are reasonable and prudent.,
stale whether applicable UK Accounllng Standards IFRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial slalements on the golng concern basis unless it is inappropriate lo presume that the
Group will continue in business.
The Trustees are responsible for keeping adequate accounting records that are SLrfFicienl to show and explain
tha Group and the Society's transactions and disclose with reasonable accuracy al any lime the financial position
of the Group and the Society and enable Ihgm lo ensure that the financial siatements ¢ornply with the
Companies Act 2006. They are also responsible lor safeguarding the assets of the Group and the Society and
hence for taking reasonable steps for the preventson and detection of fraud and other irregularilie5.
Page11

**KENT COUNTY AGRICULTURAL SOCIETY** 

## **(A company limited by guarantee)** 

## **Independent auditors' report to the Members of  Kent County Agricultural Society** 

## **Opinion** 

We have audited the financial statements of Kent County Agricultural Society (the 'parent charitable company') and its subsidiaries (the 'group') for the year ended 30 September 2025 which comprise the Consolidated statement of financial activities, the Consolidated balance sheet, the Society balance sheet, the Consolidated statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). 

In our opinion the financial statements: 

- give a true and fair view of the state of the Group's and of the parent charitable company's affairs as at 30 September 2025 and of the Group's incoming resources and application of resources, including its income and expenditure for the year then ended; 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Companies Act 2006. 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. 

Page 12 



**KENT COUNTY AGRICULTURAL SOCIETY** 

## **(A company limited by guarantee)** 

## **Independent auditors' report to the Members of  Kent County Agricultural Society (continued)** 

## **Other information** 

The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact 

We have nothing to report in this regard. 

## **Opinion on other matters prescribed by the Companies Act 2006** 

In our opinion, based on the work undertaken in the couse of the audit: 

- the infomation given in the Trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements. 

- the Trustees' report has been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report. 

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion: 

- the parent charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us; or 

- the parent charitable company financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of Trustees' remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit; or 

- the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemptions in preparing the Trustees' report and from the requiremenr to prepare a Strategic report. 

## **Responsibilities of trustees** 

As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. 

Page 13 



**KENT COUNTY AGRICULTURAL SOCIETY** 

**(A company limited by guarantee)** 

## **Independent auditors' report to the Members of  Kent County Agricultural Society (continued)** 

## **Auditors' responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

## _Capability of the audit in detecting irregularities, including fraud_ 

Based on our understanding of the charity and the sector, and through discussion with the Trustees and other management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to health and safety and employment law. We considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities SORP (FRS 102) Second Edition (released October 2019), the Companies Act 2006, taxation and pension legislation. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to posting inappropriate journal entries and management bias in accounting estimates and judgemental areas of the financial statements. Audit procedures performed by the engagement team included: 

- Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations (including health and safety) and fraud; and 

- Assessment of identified fraud risk factors; and 

- Review of expenditure to confirm no evidence of personal benefit; and 

- Identifying and assessing the design effectiveness of controls that management has in place to prevent and detect fraud; and 

- Challenging assumptions and judgements made by management in its significant accounting estimates; and 

- Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and 

- Confirmation of related parties with management, and review of transactions throughout the period to identify any previously undisclosed transactions with related parties outside the normal course of business; and 

- Reading minutes of meetings of those charged with governance; and 

- Physical inspection of tangible assets susceptible to fraud or irregularity; and 

- Review of significant and unusual transactions and evaluation of the underlying financial rationale supporting the transactions; and 

- Using data analytics to review transactions; and 

- Identifying and testing journal entries, in particular any manual entries made at the year end for financial statement preparation. 

Page 14 



## **KENT COUNTY AGRICULTURAL SOCIETY** 

## **(A company limited by guarantee)** 

## **Independent auditors' report to the Members of  Kent County Agricultural Society (continued)** 

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. 

As part of an audit in accordance with ISAs (UK), we exercise professional judgement and maintain professional scepticism throughout the audit. We also: 

- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. 

- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the charitable company's internal control. 

- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Trustees. 

- Conclude on the appropriateness of the Trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditors' report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditors' report. However, future events or conditions may cause the charitable company to cease to continue as a going concern. 

- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. 

- Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the Group audit. We remain solely responsible for our audit opinion. 

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. 

Page 15 



**KENT COUNTY AGRICULTURAL SOCIETY** 

## **(A company limited by guarantee)** 

## **Independent auditors' report to the Members of  Kent County Agricultural Society (continued)** 

## **Use of our report** 

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. 

## Kreston Reeves Audit LLP 

## **Samantha Rouse FCCA DChA (Senior Statutory auditor) for and on behalf of Kreston Reeves Audit LLP** 

Statutory Auditor 

Canterbury 

11 December 2025 

Page 16 



KENT COUNTY AGRICULTURAL SOCIETY
IA company limitod by guarants•l
Consolidated Statem8nt of financial activities lincorporallng In￿rne and expendlturg account)
for th8 year ond¢d 30 Septembor 2025
Unrestrlcted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Incom• from:
Donations and legacies
Charitable activities
Other trading acliviti@s
Investments
Other income
33,593
1.210.918
1.436.897
18.684
10,993
33,593
1,210,918
1,436,897
18,684
10,993
33,597
1,065.500
1,317.081
20.371
18.370
Total in¢ome
2,711.085
2.711.085
2.454,919
Expendlturo on:
Raising funds
Charitable activities
431,206
2.233.592
431,206
2,233,592
462,867
2,176,299
Total exwndltu
2.664,798
2,664.798
2,639.166
Net In¢omel{expendituro1 ￿fOre not gainslllossesl
on Investments
Nel gains/llossesl on inveslments
46.287
47.459
46.287
47.459
{184,2471
15,7121
Net movement in funds
93,746
93.746
1189,9591
Reconclllatlon of funds-
Total funds brought forward
Net moveTnent in funds
3,601,290
93,746
3,601,290
93,746
3,791,249
1189.9591
Total funds carried fonvard
3,695.036
3.695.036
3,601,290
The Consolidated stalemenl of financial activities includes all gains and losses recognised in the year.
The notgs on pages 2110 42 form part of Ihese financlal statements.
P8ge 17

KENT COUNTY AGRICULTURAL SOCIETY
{A company Ilmlt¢d by guarant¢•l
Reglstor8d numb•r: 02556508
Consolldat8d balan¢¢ sheot
as at 30 S•pt¢mber 2025
2025
2024
Note
Flxed assets
Tangible assets
Invgslments
Investment propety
18
3.325.365
811.800
525.000
3,422,288
754,943
525,000
4.662,165
4.702,231
Currgnt a$s•ts
Debto
Cash at bank and in hand
21
246.262
372,229
293,035
412,450
618.491
705,485
Curr•nt Ilabllltle$
Creditors.. amounts falling due within one
year
22
1546,072)
1628.2571
Net current assets
72.419
77.228
Total assets less currènt Ilabllltlès
4,7H584
4.779.459
Creditors.. amounts falling due after more
than one year
23
{1,039.548}
11,178,169)
Total not assets
3.695.036
3.601,290
Charityfunds
Unrestricted fijnds
24
3.895.036
3,601.290
Total funds
3.695,036
3,601,290
The Trusle8s acknowledge their responsibilities for complying with the requifemenls of the Ad with respect to
accounting records and p￿paration of financial statements.
The financial statements have been prepared in accordance wlh the provision5 applicak4e to enlilies subject to
the small companies regime.
The financial statements were approved and authorised for iSSLte by the Trusle8s and sign8d on their behalf by..
Mr M R Cullen
Chairman
Date.. 10 December 2025
The notes on pagos 2110 42 form part of these financial statements.
Page 18

KENT COUNTY AGRICULTURAL SOCIETY
IA company limlt•d by guarantsg)
Regl$tered number: 02556508
So¢lety balance Sheet
as at 30 September 2025
202S
2024
Flxgd asset$
Tangible assets
Investrnents
Investment propety
18
20
3,325,385
811,805
525.000
3,422,288
754.948
525.000
4,662,170
4,702,236
Curront a$s¢ts
Debtors
Cash at bank and in hand
21
197,084
154,967
218,272
89,995
352.051
308,267
Curront liabilitl¢$
Creditors.. amounts falling due within one
year
22
{283,4991
1234,9061
Net current assets
68.552
73.361
Total assets less ¢urr•nt Ilabllltles
4,730.722
4,775,597
Creditors.. amounts falling due after more
than one year
23
11,039,548)
11.178,1691
Total net assets
3,691.174
3.597,428
Charlty funds
Urlreslricted funds
24
3,691.174
3,597.428
Total funds
3.691.174
3,597,428
The Trustees acknowledge thelr responslbililies for complying with the requirements of the Ad with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable lo entities subjoct to
the small companies regime.
The financial statsments We￿ apwoved and authorised for issue by the Trustge$ and signed on their khaw by..
/,
Mr M R Cullen
Chairman
Date.. 10 December 2025
The note5 on pages 21 10 42 form part of these financial ststfjments.
Page 19

KENT COUNTY AGRICULTURAL SOCIETY
IA company limitod by guarantee)
Consolidated statamant of cash flows
for th• yèar ènd•d 30 September 2025
2025
2024
Cash flows from opgratlng aetlvltles
Nel cash used in operating activities
27
63.352
{80.347}
Cash flows from investing activities
Dividends, intere51s and rents from investments
Purchase of tangible fixed assets
Proceeds from sale of invgstments
Purchase of investments
18,684
{18.0811
88.893
(90.5331
20,371
167,7421
21,706
132,5701
Net ¢ash provided byllused in} invgsting activiti•$
963
158,235)
Cash flows from financing actlvltl
{Repayments) of borrowing
1104,536}
197.549)
Not cash used in financing activities
1104.5361
{97,5491
Change in cash and cash oqulvalont$ In the year
Cash and cash equivalents at the beginning of the year
140,2211 1236.131)
412.450
648,581
Cash and ¢a$h equlvalents at the end of the year
28
372.229
412,450
The notes on pages 2110 42 form part of these financial ststemenls
Page 20

KENT COUN￿ AGRICULTURAL SOCIETY
{A Company limlted by guarantwl
Notes to the financial statsm8nts
for the year and•d 30 Septem￿r 2025
Genoral Infomatlon
Kent County Agricultural Society Is a charity, Ilmiled by gLFarantee. which is inco¥porat8d In England and
Wales. with the registration number 2556508.
The So¢ieVs registered office is County Shi)wground. Defjing, Maidslone, Kent. ME14 3JF.
The charitable activities of the Society are lo hold the Kent County Show for the exhibition of livestock,
farm and horticultural produce, machinery and other things pertaining lo agriculture, and to encourage
agricultural and horticultural educalh)n and for the improvement of agriculture generally.
Accountlng poll¢le$
2.1 8osl$ of preparation of financial statements
The financial ststements have been prepared in accordance wth the Charitiès SORP IFRS 1021
Accounting and Reporting by Charities.. Ststernent of Recommgndgd Practicg applicable lo charities
preparing their a¢¢oun15 in accordance with the Financial Reporting Standard applicable in tho UK
and Republic of Ireland {FRS 1021 leffective 1 January 20191, the Financial Reporting Standar(I
appllcable in the UK and Reptjblic of Ireland IFRS 1021 and the Companies Act 2006.
Kent County Agricultural Sodety m8ets the definition of a public benefit entlty under FRS 102.
Assets and liabilities are initially recognised at historical cosl or transaction value unless otherwis8
stated in the relevant accounting policy.
The group's functional and pr8sent8tsonal currency is Pounds Sterling.
The group's financial statements are presented lo the nearest pound.
The Consolidated statement of financial adivities ISOFAI and Consolidated balance sheet
consolldate the financial statements of the Group and ils subsidiary undertaking. The results of the
subsidiary are consolidated on a line by line basis.
The Group has tsken advantage of the exemption allowed under section 408 of the Companies Act
2006 and has not presented ils own Statement of finan¢ial a¢tMtigs in these financial slatemonts.
The Society has taken advantage of the following disclosure exemptions in preparing its individual
financial statements as parmitted by FRS 102 Yhe Financjal Reporting Standard Applicable in the
UK and Republic of Ireland..
the iequiremenls lo present a statement of cash flows for the Company..
the requirements of Section 33 Related Party Disclosures paragraph 33.7.
22 Company status
The Society is limited by guaranloe and does not have a share capital. The liability of each of the
members is limited lo such contribution as may be required (not exceeding £1) lo the ScKietys
assets if il should be wound up while such person is a member, or within one year after such person
ceases to be a member, and of the costs, charges and expenses of wnding up, and for the
adjuslmenl of the rights of the contribulories themsefves.
If upon the winding LÉP or dissolutlon of the Society there remains a surplus, after the satisfaction of
all its debts and liabilities, and property whatsoever. the samg shall not be paid lo or distributed
among the members of the Society and shall be givgn or transferred to some other charitable
institution having objectives similar to the objectives of the Society.
Page21

KENT COUNTY AGRICULTURAL SOCIETY
(A company limited by guarant88}
Notes to the financial stataments
lor tho y•ar •nd•d 30 Soptsmb¢r 2025
Accountlng pollcl•s Icontlnued)
2.3 Going con¢em
After making enquiries, the directors have reasonable expectation that the Society arKI the group has
adequate resources lo continue in operational existence for the foreseeable future. Accordingly, they
continue to adopt the golng concern basis in preparing the finanual stslemenls.
2.4 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
fijrtherance of the general objectives of the Group and which have not been designated for othgr
purposes.
Designated funds comprise unrestricted funds that hav6 bggn sgt asidg by the Trustges for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Investment income, gains and losses are allocated lo the appropriate fund.
2.5 Basis of consolidation
The financial statements consolidate th8 accounts of Kent County Agricultural Society and all of its
subsidiary undgrtakings I'subsldlarles'l.
The company has takèn advantsge of the exemption contained within Section 408 of the Companles
Act 2006 not lo present its own Income and Expenditure account.
2.6 Incoming resou￿e¥
Annual subscriptions from members are included in the year they are received. Life membershlp
subscriptions are credited to deferred income and released to income in equal installmenls over
twenty years.
Income from the showground letbng is rgcognised as eamed.
Investment income Is recognised on a receivable basis.
Income from charitable activities is recognised as eained. Grant incomg is rgcognised where there is
enliuernent, certainty of receipt and the amount can be measured with sufficient certainty.
Where appllcable, Income is slated exclusive of Value Added Tax and trade discounts.
Pag8 22

KENT COUNTY AGRICULTURAL SOCIETY
IA company limltod by guarantee)
Notes to tha financial $tatsments
lor thè yèar onded 30 septern￿r 2025
Ac¢ountlng poll¢5es (contlnued)
2.7 Resourcos 8xpgnded
Expenditure is ￿￿gnISed when a liability is incurred.
Costs of generatin9 funds are those costs that are incurred in undertaking trading activitie5 that raise
ftjnds and in managing the Societys investments.
Charitabl8 activities include tha axpenditure associated with staging the Kent County Show. Living
Land. Farm Expo and in the making ol educational awards and bursaries as well as grants lo Youn9
Farmers Clubs.
Govemanc8 costs include those incurred in the govemance of the Society and its assets and are
primarily associated with constitutional and slalutory requirements.
Support costs include central functions Ihal have been allocated to activity cost categories on a basis
consislenl with use of resources.
Expenditure on raising funds includes all expendlture incurred by the Group to raise funds for its
charitable purposes and indudes costs of all lundraising activities events and non-¢haritable trading.
Expenditu￿ on charitable activities 1$ In￿rred on dirady undertaking the activities which furthèr the
Group's objectives. as well as any associated support costs.
2.8 Tangible flxod assets and depreclatlon
Tangible fixed assets costing £1,000 or more are capilalised and recognised when future econornic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible ftxed assets are carrfed al cost. net of depreciation and any provision for impairnient.
Depreciation is not charged on freehold land. Depreciation is provided al rates calculated to write off
the cost of fixed 8sse15, less their 8s1imated residual value, over their expected useful lives.
Deprecladon fjs provided on the following bases..
Freehold propety
Freohold land
Fixtures and ffttings
2tIA_ 12.5QA per annum on cost
OQA per annum on cost
2%- 25°/o por annum on cost
The carrwng values of tangible fixed assets a￿ ￿vieWed for impairment whgn events or changes in
rcumstances indicate that the Car￿n9 value may not be recoverable.
2.9 Panslons
Pension costs charged against income reprasenl the amount of contributions payable to group
personal pension schemes in respect of the accounting year.
2.10 Investments
Fixed asset investments are a forrn of financial instrument and aro initially recognised al their
transaction cost and subsequently measured al fair value at the Balance sheet dale, unless fair value
cannot be measured reliably in which case il is measured al Cost less impairment. Invgstmenl gains
and losses, whether realised or unrealised. are combined and shown in the heading 'Gainslllossesl
on investments, in the Consolid8ted statement of financAal activities, incorporating income and
expenditure accounL
Page 23

KENT COUNTY AGRICULTURAL SOCIETY
(A ￿MpanY Ilmlt•d by guarants81
Notss to th¢ flnan¢ial statements
for the year ended 30 Septsmb•r 2025
Accountlng pollcles I￿ntInued)
2.11 Inve$tment property
Investment property 15 carried at fair value detemiined annually by the ￿1￿ClOr5 with the assistance of
external valuers when required and derived from the Current market rents and investment property
yields for comparable real estate, adjusted if necessary for any drfference irb nature, location or
condition of the specific assel. No depreciation is provided. Changes in fair value are recognised in
the Stslement of financial aclivilies.
2.12 Interest receivable
Interest on funds held on deposlt Ss Included when receivable and the amount be measured
reliably by the company- this Is normalty upon notification of the inleresl paid or payable by the 88nk.
2.13 L•a$ing and hire purchase
Assets obtained under hire purchase contracts and finance leases are capilalised as tangible fixed
assets. Assets acquired by finance lease a￿ depreciated over the shorter of the lease term and their
useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Flnance leases
are those where substantially all of the benefits and risks of ownership are assumed by the Group.
Obligations under such agreements are includ8d in ¢roditors, net of the finance charge allocalgd to
future pericxJ5. The finan￿ elernent of th8 rèntal payment is charged to the Consolidated statgmgnt
of financial actiwlies so as to produce a constsnt periodic rale of charge on the net obligation
outstandin9 in each period.
2.14 Operatlng1oa$¢$
Rentals paid under operating leases are Charged lo the Consolidated slalernenl of financial activities
on a straight line basis over the lease temi.
2.15 Dgbtors
Trade and other debtors are recognised at ihe settlement amount after any trade discount offered.
PrepayTnenls are valued at the amount prepaid net of any trade discounts due.
2.16 Cash at bank and In hand
Cash at bank and in hand includes cash and short-tgmi highly li]uid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.17 Llabllttl¢$ and provlslons
Llabililies are recognised when there is an obligation at the Balance sheet dale as a result of a past
event, il is probable that a transfer of economic benefit will be lequi￿d in settlement, and the amount
of the settlement can be estimated reliably.
Liabillties are rec(*Jnlsed al the amount that the Soaety anticipates it will pay lo settle the debt or the
amount il has received as advanced payTnents for the gwds or serylces It must provlde.
Provisions are mgasurgd at the best es￿mate of the amounts required to sGtIlg the obligation. Wherè
the effect of the lime value of money is rnalerial. the provision is based on the present value of those
amounts, discounted al the pre-tax discount rate that rgflects the risks specific to the liability. Thg
unwinding of the discount is recognised in the Consolidated statement of financAal activities as a
finance cost.
Page 24

KENT COUNTY AGRICULTURAL SOCIE
(A company limltod by guarnnteel
Notes to tho financlal $tatsments
for the yoar ond?d YJ Septombor 2025
Ac￿UntIng pollcles l¢ontlnued)
2.18 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised al transaction value and subsequently
measured al their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Page 25

KENT COUNTY AGRICULTURAL SOCIETY
{A company Ilm￿8￿ by guaranto¢)
Notes to the financial sLitemonts
for tha yaar endgd 30 Soptom￿r 2025
Judgoments in applying accounting polici8s and koy $our¢o$ of estlmatlon un¢•rtalnty
The preparation of the financial statements requlres the directors lo make judgements, estimates an
assumptions that can affect the amounts reported for assets and liabilities, and the results for the year.
The nature of eslimalion Is such though that actual outcomes could differ significantly from those
eslimales.
Critical accounting eslimales and assumptions..
Leasg commitments
The company ha5 entered into a ¥ang8 of laas& commitm8nts in rospect of property, plant and equipmant.
The classification of these leases as either financial or operating leas95 require5 the directors lo consider
whether the terms and conditions of each lease are such that the company has acquired the risks and
rewards associated wth the ownership of the underfyng assets.
Going concem
In the judgement of the directors it is appropriate lo prepare the financial 5tsternen15 in accordance with
the going concem basis of a¢¢ounling. See accounting policy 2.3 for further details.
The following are the company's key sources of estimation Un￿rtaInty'.
Investm&nl prDperti8S
The company holds investment propety a fair value of £525.000 at year end (see note 191. In order
to detemiine the fair value of investment propèrty the directors have used a valuation technique basod on
comparable market data. The determined fair value of the investment property is most sgnsilive to
fluctualions in the property market.
Tangible fixed assets
The company has recognised tsngible fixed assets with a carrying value of £3,325.365 at the reporting
date (see note 181. These assets are slated at their cost less provision for depreciation and impaim)ent.
The Companqs accounting policy sets out the approach lo calculating dep￿ciall0￿ for immaterial assets
acquired. For material assets such as land and buildings the company determines at acquisibon reliable
estimates for the usefvl life of the asset, its r8sidual value and decoTnmissioning costs. These eslimatas
are based upon such factors as the expected use of the acquired asset and market conditions.
subsequent r8porting dates the dlreclors consider whether there are any factors such as lechnol(KJical
advancements or changes in market conditions that indicato a need lo reconsider the eslimales used.
Where there are indicators that the Carrying value of tsngible assets may be impaired the company
undertakes tests to determine the recoverable amount of assets. These tests require estimates of the fair
value of assets less cost lo sell and of their value in use. Wherever possible the estimate of the fair value
of assets Is based upon observable market prices less incremental Cost for disposing of the asset. The
value in use calculation is based upon a discounted cash flow model. based upon thè compan￿$
forecasts for the foreseeable future which do not include any restructuring activities that the company is
not yet committ8d to or significant future investrnenls that will enhance the asset's perfom)ancg. The
recoverablè amounl is most sensitive lo the discount rale used for the discountèd cash flow model as well
expected future cash flows and the growth rale used for extrapolation purposes.
Page 26

KENT COUNTY AGRICULTURAL SOCIETY
{A company limitod by guarantsel
Notes to tho financial stst•m•nts
for th• year onded 30 September 2025
Donatlons. legacles and grants
2025
2024
Membership subscriptions
33,593
33,597
Income from investmonts
2025
2024
Interest receivable
Dividends receivable
10.943
7.741
11,172
9,199
18.684
20,371
Other income
2025
2024
Other inwme
10.993
18,370
Income from charltabla actlvltl8s
These predominantly rep￿Sent income in relation to the Kent County Show. together with other income.
and are stated net ol Value Added Tax.
Taxatlon
In the vi8w of the directors. thè various sources of inwme attributable to the Society are not liable to
Corporation Tax. This position has been confimied by HM Revgnue & Customs in relation to the accounts
ol the S(*iety for its first accounting period, subject lo the Society continuing lo apply its income for
charitable purposes in accordance with Paragraph 1 Schedule 6 of the Finance Act 2010. The Society
was required to submit its accounts and a Corporation Tax self assessment retvm lo HM Revenue &
Customs lor the year ended 30 September 2009 which indicated that no taxable wsult arose. It is likely
that this p¢sition will be reviewed frorn time to time.
Page 27

KENT COUNTY AGRICULTURAL SOCIETY
{A company Ilmrted by guarant￿)
Notes to th• financial statements
l¢r the year ended 30 September 2025
Dlr8ct cos1$
Total
Total
Unfestricted Unreslricled
2025
2024
Finance e¥pense5
Showground expenditure
Wages and salaries
National insurance
71,098
1.364,188
314,363
14,115
10,104
71,557
1,276,672
225,133
13,352
4,176
Pension cost
1,773,868
1.590.890
10. Support ¢ost$ for Society Activltlos
Total
Totsl
UTrrestricted Unreslricled
2025
2024
Salaries and t8mporary 51aff
National insurance
Pension costs
Other employrnenl costs
214.851
19.010
6.779
3,724
251,985
25.751
9,139
1,347
244,384
288,222
Insurance
Propety and equipment maintenance
Depreciation
Loss on disposal of fixed 8ssets
40.990
4.064
113.004
40.021
3,903
124,862
300
158,058
169,086
Governance costs
Audit
21.550
2.075
14,481
15.108
4.088
20,000
1,375
16,092
17.303
5,816
Accountancy
Professional
Marketing
Society costs
57,302
60,586
459.724
517,894
Page 28

KENT COUhlTY AGRICULTURAL SOCIETY
IA company Ilmltsd by guarantee)
Notes to th• flnancial statements
for the year ended 30 Soptambèr 2025
Professlonal fe•s
2025
2024
St¢xkbroking
Legal
7.626
7.08Q
7.201
8,891
14,706
16,092
Analysls of expenditure on charitablè a¢tiviti•s
Summary by fund type
Unrestrlctsd
frJnd$
2025
Total
2025
Total
2024
Society
2,233,592
2.233,592
2,176,299
Total 2024
2,176,299
2.176.299
Summary by expenditure type
Staff ¢osts Dopreclation Other ¢osts
2025
2025
2025
Total
2025
Total
2024
s￿Iety
579.222
113,004
1,541,366
2,233,592
2,176,299
Total 2024
561,551
124,862
1,489,888
2.176,299
Page 29

KENT COUNTY AGRICULTURAL SOCIETY
{A company Ilmltsd by guaranlg91
Notés to th• financial statemants
for the year endgd 30 S•ptomb•r 2025
12. Analys1$ of expenditure by actlvltles
Actlvttley
undertaken
difectly
2025
Support
costs
2025
Total
funds
2025
Total
funds
2024
Society
1,773,868
459,724
2.233,592
2.176,299
Total 2024
1,658,405
517,894
2,176,299
13. Audltors. remuneration
2025
2024
Fees payable lo the Societys auditor for the audit of the Societys annual
accounts
21,550
20.000
Foos payable lo the Societys auditor In respect of-.
Taxation compliance servic9S
2.075
1.375
14. Staff costs
Group
2025
Group
2024
Society
2025
Solaely
2024
Wages and salaries
Sodal security costs
Contribution to defined contrfbulion pension
sch8mes
529.214
33,125
507,223
38.939
529,214
33.125
507.223
38,939
16,883
15,389
16,883
15.389
579,222
S61,551
579,222
561,551
The average number of persons employed by th9 Soaety during the year was as follows..
Group
2025
No.
Group
2024
No.
Society
2025
No.
s￿Iety
2024
No.
Administration
18
17
18
17
Page 30

KENT COUNTY AGRICULTURAL SOCIETY
IA Company Ilmltod by guarantse)
Notss to tha flnancial $tat•ments
for the year ended 30 September 2025
14. Staff costs (contlnuodl
No employee recelved r8muneralion amounting lo more than £60,000 In either year.
The Trustees and Senior Management Team who have the authority and responsibility for planrling.
directing and controlling the activities of the group are considered lo be key managernenl personnel.
Total remuneration in respect of the Senior Management Team is £69,22812024'. £68,219).
IS. Trustees. r8munorallon and ¢xpensos
During the year, no Trustees received any remuneration or other benefits12024- £NILI.
During the year ended 30 September 2025. expenses totalling £179 12024.. £881 were paid to one
Trustee 12024.. one) during the year in r8sped of reimbursement of out of pocket expenses such as
travel.
16.
Penslon costs
The Society makes contributions to a group personal pension scheme in respect of certain members of
staff and lo an auto enrolment compliant scheffle in respect of all other qualrfying members of staff. The
assets of the schemes are held separately from those of the Society in independently adrninistered funds.
The pension cost represents contributions payable by the Society and amounted lo £16,883 {2024'.
£15,389). M year end there remains £1,907 payable to the fund12024'. £1,748).
17. Interest payablo
2025
2024
On other bans
66,324
71.590
Page 31

KENT COUNTY AGRICULTURAL SOCIETY
{A company limltsd by guarantoo)
Notes to the financlal statements
for the y•ar •nd¢d 30 SoPt•mbar 2025
18. Tanglble flxed assets
Group and Socl•ty
Assets in
the course
Freehold
of Flxtures and
pioperty Constructlon
flttlngs
Total
Cost or valuation
Al 1 O¢tober 2024
AdditK)n5
7.023,953
12,106
1,825
666,206
3,975
7,691,984
16.081
AI 30 September 2025
7,036,059
1,825
670.181
7.706.065
Depreclatlo
At 1 October 2024
Charge for the year
3.644,522
98,836
625,174
14,168
4.269,696
113.004
At 30 September 2025
3,743.358
639.342
4,382,700
Net book value
At 30 September 2025
3.292.701
1.825
30,839
3.325,365
AI 30 September 2024
3,379,431
1,825
41.032
3.422.288
The net book value of assets held under finance or hi￿ purchase contracts. induded above. are as
follows..
2025
2024
Plant and machinery
4.613
Included in land and buildings are the follo¥Mng amounts ￿latin9 to asse15 on which no depreciation has
been charged..
Freehold land.. £228,431 12024.. £228,431).
Page 32

KENT COUNTY AGRICULTURAL SOCIETY
{A company limlt8d by guarantsel
Notes to the financial stat•m&nts
for th• y•ar onded 30 September 2025
19. Investment property
Group
Froehold
Inv&stment
property
Valuatlon
At 1 O¢tober 2024
Surplus on revaluation
525,0¢)0
At 30 Septernbor 2025
525.000
The Trustees had a professional valuation undertaken on 20 November 2023 by BTF Partnership that
valued the propety al £525,000. The Truste85 havè conducted a review of similar property In the area
and although countryside property comparisons are difficult to make. the Trustees have Concluded tho
reported valuation, on an existing use basis. remains appropriate at the year ond.
20. Fixed asset Investments
Llsted
Investments
Group
Cost or Valua￿on
Al 1 October 2024
754,943
90,533
188,8931
55,217
Additions
Disposals
Revaluations
At 30 September 2025
811.800
Net book value
At 30 September 2025
811.800
At 30 September 2024
754,943
Page 33

KENT COUNTY AGRICULTURAL SOCIETY
{A company Ilm￿¢￿ by guarantsel
Notes to tho financlal $tstements
for tho y•ar onded 30 September 2025
20. Flxed asset Invo$tmgnl$ l¢ontlnuod)
Llst•d
so¢urltles
Unllsted
Socurltles
Total
So¢l¢ty
Cost or valuation
At 1 October 2024
Addith)ns
Disposals
Revaluallon8
754,943
90,533
188,893)
55,217
754.948
90.533
{88,893)
55.217
AI 30 September 2025
811,800
811,805
Net ljook value
At 30 September 2025
811.800
811,805
At 30 September 2024
754,943
754,948
Listed Investments are held within the UK. AJI omounts above related to the general fund.
Subsidiary undortakings
The ft)Ilowing were subsidiary undertaklngs of the Society-
Class of
sharos
Name
Holdlng
Prlnclpal actlvlty
Kent Event and Exhibition Centre LirTJited
Ordinary
100%
Raising fvnds for the Kent
County Agricultural Society by
the hire of the showground to
outsidè users
Why Farming Matters in Kent Limited
Ordinary
100%
Dormant
Fam) Expo Llmited
Ordinary
100%
Dormant
Biddenden Tractorfest Limited
Ordlnary
100%
Dom)anl
The rggistered office of the above Companies is County Showground, Detling, Mawjslone, Kent. ME14
3JF.
Page 34

KENT COUNTY AGRICULTURAL SOCIETY
(A company Ilmlted by guarantee)
Notes to tho flnan¢lal Statements
for th8 year ended 30 Saptèmb¢r 2025
21. Dèbtors
Group
2025
Group
2024
Society
2025
Society
2024
Due after more than one year
Prepayments and a¢¢Tued incorne
Due within one year
Trade debtor5
Amounts owed by 9roup undertakings
Other debtors
Prepayments and accrued income
25,500
51,000
25,500
51.000
156.S38
159.591
30.629
85.689
55,266
92.147
75,125
55.266
8,958
75,125
7,319
246,262
293,035
197,084
218,272
Cr•dltors.' Amounts falling due within one ygar
Group
2025
Group
2024
Socloty
2025
Society
2024
Bank loans
Trade creditors
Amounts owed lo group undertakings
Other tsxation and social security
Other creditors
Accruals and deferred income
117,404
83.329
109,869
54,529
117.404
54.714
109,869
43,728
58,765
25.500
261.074
65,497
25,500
372,862
12,066
25,500
73,813
11,442
25.500
44,365
546.072
628,257
283.499
234,906
Deforrod income
Group
SOc￿ty
Deferrgd income al 1 October
Resources deferred during the year
Amounts released from previoLts years
255.397
176,654
1255,3971
14,347
35,937
114,3471
176,654
35.937
Page 35

KENT COUNTY AGRICULTURAL SOCIETY
(A company limlt8d by guarants•l
Not¢s to the financial statomonts
for the year •nd•d 30 S•ptember 202S
23. Credltors: Amounts falling du• after more than on• ygar
Group
2025
Group
2024
Socloty
2025
Society
2024
Bank loans
Accruals and deferred income
1.003.390
36,158
1.115.461
62.708
1.003,390
36,158
1,115,461
62,708
1,039,548
1.178.169
1,039,548
1,178,169
The aggregate amount of liabilities payable or rapayablg wholly or in part more than five years after the
reporting dale is..
Group
2025
Group
2024
Society
2025
Society
2024
Payable or repayable by Instslments
618,897
669,382
618,897
669,382
Bank loans comprise..
il A bank loan lo part finance the Kent Event Centre Exhibition Hall is secured by way of a legal charge on
the County Showground. The k)an is repayable in monthly inslalments over a period of 25 years from
2010. interest is payable at 3.95°k per annum.
ill 3 bank loans lo finance the Maid51one Exhibition Hall. The bank loans are secured by way of a legal
charge on the County Showground. The loans had a 2 year deferred repayment period after which the
loan is repayable by inslalments by be￿leen 2033 and 2034. Interest is payable at beiween 4.15Yo above
base rate and 4.350/9 above base rale per annum.
Deferred incorne represents membership Subscriptions in respect of lrfe members and Ilfe govornors.
Amounts received are released to income over a 20 year period.
Dof•rred income
Gr¢up
Sooety
Def9rred income al 1 October
Resources deferred during the year
Amcmjnts released from previous years
37,208
10,658
{37,208)
11,708
10,658
111,7081
10.658
10.658
Page 36

KENT COUNTY AGRICULTURAL SOCIETY
{A company Ilmltsd by gualantse)
Notss to the finan¢lal statements
tor th• year anded 30 SoPtemb8r 2025
Statement of funds
Statgment of funds - current yoar
Balance at
30
Galnsl Sopt•mbar
{Los$e51
2025
Balance at 1
Oct¢ber
2024
Transfers
inlout
Ine¢me Expendlture
Unrestrlcted
funds
Deslgnated
funds
Awards Fund
Tangible fixed
assets
Womens
Farming Union
Event Disrupb'on
Fund
35,971
13211
35,650
2.995,378
299.433
3,294,809
2.160
2,160
50,000
so.000
3,083,5D7
1321)
299.433
3,382.619
General funds
General Funds
517,783
2,711,Q85 {2.664,477} {299,433}
47,459
312.417
Total
Unrestrictod
funds
3,601,290
2.711.085 (2.664,7981
47.459
3,695.036
Designatgd funds
li} The Awards Fund represents the balance of funds received from George Lane Hooson and Irene.
Lady Astor. By d￿l$lOn of the directors, legacies have been transferrèd lo a designated fund in order to
meet the wishes of the testators, although those wSshes were not binding. Transfers in the year represent
awards granted from the designated fvnd.
lil) The Tangible Fixed Asset Fund. represents the book value of tangible fixed assets used in the
furtherance of the Societys objects less any directly associated borrowings as these are not in the
opinion of the directors, part of the Soctetys free reseryes.
{iiil The WFU Fund represents a donation of fund5 received from the Women's Food and FarmiThJ Union
IWFUI. By the decision of the directors, this donation has been transferred lo a designated fund in oftler
lo support the activities of the Farming in the Classroom project.
(iv) Th& Event Disruption Fund is deslgnaled by the TNstees lo cover the polenfjal eventuality that the
So¢¢ety do not benefit from the additional £50,000 contribution generated by the Biddenden TractorFesl in
any one year. This is as a result of severe weather disruptions on land that is sus¢$plible lo Iloodlng.
Page 37

KENT COUNTY AGRICULTURAL SOCIETY
(A company Ilmlted by guarantee)
Notes to tho finanelal statements
for tho year ended 30 Septomb•r 2025
24. Statement of funds (contlnu•dl
Statomont of funds- prior year
Balance al
30
Gainsl September
{Losses)
2024
Balance al
1 October
2023
Transfers
inlout
Income Expendllure
Unrestrithd
funds
Deslgnated
funds
Awards Fund
Tangible fixed
assets
35,971
35.971
2,703,556
291,820
2.995,376
Womens
Farming Union
Event Disruption
Fund
2,160
2,160
50.000
50.000
2.791.687
291,820
3.083,507
G•neral funds
General Funds
999,562
2.454,919 {2,639,1661 {291,8201
{5,7121
S17,783
Totsl
Unrestricted
funds
3.791.249
2,454,919 (2,639,166)
15,7121
3,601,290
Page 38

KENT COUNTY AGRICULTURAL SOCIETY
IA company Ilmlted by guarantee)
Notes to the finan¢lal statements
for tha yoar ended 30 Septembar 2025
25. Sumrnary of funds
Summary oftund5- current ￿ar
Balanco at
3Q
Galnsl September
{Lo8$esl
202S
Balanc• at 1
O¢tober
2024
Transfers
Inlout
In¢ome Expendituro
Designated
funds
General funds
3,083,507
517,783
{321)
299.433
2.711,085 12.664.477) 1299,433)
3.382,619
312.417
47.459
3,601,290
2,711.085 {2.664.798)
47.459
3,695.036
Summary of fvnds- prlor year
Balance al
30
Gainsl September
{L05sesl
2024
Balance al
1 October
2023
Transfers
inlout
Income Expenditure
Designated
ftjnds
General funds
2,791.687
999.562
291.820
12.639,1661 1291,820)
3,083.507
517,783
2,454.919
(5,7121
3,791,249
2,454,919 {2,639,1661
{5,7121 3.601,290
26. Analysis of net assets between funds
Analysls of not assets betwaan funds- ¢urrtnt yaar
Unr8strlctod
funds
2025
Total
funds
2025
Tangible fixed assets
Fixed asset investments
Investment propety
Debtors due after more than one year
Cijrrenl assets
Creditors due within one year
Creditors due in more than one year
3,325,365
3,325,365
811,800
811,800
525.000
525,000
25.500
25,500
592,991
592.991
1546,0721 (546.0721
{1,039,5481 11.039,548)
Total
3,695,036
3.695,036
Page 39

KENT COUNTY AGRICULTURAL SOCIETY
IA company limlted by guarant88)
Notes to the financial statements
for the yaar ended 30 Septembèr 2025
26. Analysls of not assots between fvnds (continued)
Analysis of not assets bgtsyoon funds - prlor ￿ar
Unrestricted
funds
2024
Total
funds
2024
Tangible fixed assets
Fixed asset investments
Inve51menl property
Debtors due aft$r more than one year
Current assets
Credilofs due within one year
credito￿ due in rnoie than one year
3,422,288
3,422,288
754,943
754,943
525.000
525,000
51,000
51,000
654,485
654.485
1628,257)
{628,2571
{1,178,1691 {1,178,1691
Total
3,601,290
3,601.290
27. Ro¢oncillatlon of net movement In funds to net eash flow from operatlng a¢tlvltles
Group
2025
Group
2024
Nel incomelex￿nditu￿ for the year 185 per Statement of Financial
Acliviliesl
93.746
189.9591
AdJu$tments for..
Dgpreclallon charges
(Gainsylosses on investments
Dividends. interests and rents from investments
{Increaseyde￿ease in debtors
Increaselldecrease} in credtiors
Loss on disposal of fixed asset
113,004
{55,217)
{18.6841
46.T13
1116,2701
124.862
5,989
120,3711
133.791)
32.643
Net cash provlded byllused In) operatlng activltl•$
63,352
180,3471
28. Analys1$ of cash and cash equlvalents
Group
2025
Group
2024
Cash in hand
372.229
412,450
Page 40

KENT COUNTY AGRICULTURAL SOCIETY
IA company limlted by guarantee)
Notes to the financial $tatements
for the yoar ended 30 Septembar 2025
29. Analysls of changgs In net debt
At30
September
2025
Octobor
2024 Cash flows
Cash al bank and in hand
Debt due wthin 1 year
Debl due after 1 year
412,450
{109.8691
{1,115.4611
140,2211
372,229
17,5351 1117,404)
112,071 11,003.390)
1812,880)
64.315
{748,5651
30. Operating 18ase commltments
At 30 September 2025 the Group and the Society had commllmenls to make ftjture minimum lease
payrnents under nonwcancellable operating leases as follows..
Group
2025
Grovp
2024
Society
202S
Society
2024
Not later than 1 year
Later than 1 year and not later than 5 y8ars
13,320
39.060
17,346
45,900
13,320
39,060
17.346
45,900
52.380
63,246
52.380
63,246
Page41

KENT COUNTY AGRICULTURAL SOCIETY
(A Company limitsd by guarantee)
Not•$ to the financial st•t•m•nts
for the year endèd 30 Septemb•r 2025
31. Rolated party transa¢tlons
During the year. the charity made payment to another charfty, The Mardgn Fruit Show Society. for
Iradestand hirg and educational workshops of wh￿h C E Seyrnour is chair of trustees. This was under
normal market conditions for £1,97512024.. £3,700)
During the year, Coal to Music Entertainment Limited. a company owned by C Seymourfs pargnts,
supplied the hire of 8 organ al Tractorfesl under normal market conditions for £395 12024.. £3851. No
amounts weie outstanding al year end.
During the year, Biddenden Vineyards Limit8d, 8 company owned by R J Barnes, supplied goods and a
temporary cash float (to miligale a PDtential security risk presenl8d by handling cash for an event) lo the
Society under nomial market conditions amounting lo £890 12024.. £3,514). No amounts rernalned
outstanding at year end.
Brachers LLP, an organisation of which S Gaines {Trusleel is a Partner, provided legal advice lo the
Society in the prior year and invoiced costs under normal marf(et conditions for £5,425). No amounts
remained oulslanding at the year end. Thero were no transactions within the 2025 financial year.
Bax Thomas French Limited. a company of which F Cornwallis is a Director, provhged services lo the
Society under normal market conditions in the prior year amounting to £655. No amounts remained
outstanding al year end. The same company also provided a valuation servlce for the Socielrfs investment
property and conducted such valuation undèr normal market conditions. F Cornwallis was not the suryeyor
conducting the valuation. There were no transactions within the 2025 financial year.
Infrastructure works were completed in the prior year by S J Barnes Ltd. son of R J Barnes who was
Trustee in the year, under normal market conditions. Work Invoiced amountsd lo £1,418 and no amounts
remained outstsnding al year end.There were no transactions within the 2025 financial year.
32. ControllSng party
There is no ultimate controlling paty.
Pagg 42

K•nt County A9rkultural Soclg¢y and Its subsldlarles
Detalled Income and expenditure o¢¢ount
for thg year •ndod 30 Soptember 2025
Society Subsldlary
Group
2025
Society SubsSdiary
Group
2024
Kent County Show Income
Less". direct expenditure
878.689
826.189
878.689
826,189
757,025
786.698
757.025
786.698
52,500
52.500
29,673
29,673
Showgrtyjnd letbng irtome
Less.. direct expenditure
17,765 1,419.132 1,436,897
417,238
417.238
14,729 1,302.352 1.317,081
451,095
451,095
17,765 1.001.894 1,019.659
14,729
851,257
865.986
TractorFest
Less.. diroct exp8ndil(¥e
206,382
162.264
206,382
162,264
201,541
131.059
201,541
131,059
44.118
44.118
70,482
70.482
Farming Confar9nce
Les5.' direct expendikne
2.300
3,630
2,300
3.630
2,450
3,297
2.450
3,297
1,330
1,330
Living Land
Less. dlrect 4xp8ndi￿re
14,768
22.386
14,768
22.386
19,775
19,775
7,618
7,618
19.775
19,775
Heritsge Transport Show
Les5'. dir8¢t expendlturè
49.220
15,728
49,220
15,728
45.562
15,369
30,193
45.562
1S,369
33,492
30.193
Farrn Expo
Less.. direct expenditur8
59,559
27.463
59,559
27,463
58.922
29,167
58,922
29,167
32.096
32.096
29.755
29,755
Other Income
Donations and18gaci8$
Other income
Interest aThJ dlvidènds
33,593
10,993
18,684
33.593
10,993
18.884
33,597
18.370
20,371
33,597
18.370
20,371
63,270
63.270
72.338
72,338
Gros$ In¢om8 less
dlrod expenditure
234,293 1.001.894 1,236,187
167,202
851,257 1,018.459
Administration
G8neral
Deprecrdtion
960.583
85,246
113.004
7,139
23.928
967,722
109.174
113.004
954,592
93,236
124.862
1,439
28,577
956,031
121,813
124.862
1,158.833
31,067 1,189.900
1,172,690
30.016 1,202.706
Pago 43

K•nt CountyAgriculWral So¢lety and its sub$idlarle$
Detalled Income and expendl¢ur* account
for the year ended 30 Sèpternber 2025
Socl•ty Subsldlary Group
2025
Soci8ty Subsidiary
Group
2024
Surplu$ befor• Inter-antity
Charg05 and gFft ald
1924,5401
970,827
46,287
11.005,4881 821,241 1184.2471
Interonuty charge8
347,591
1347,S911
363.000 1363,0001
&Jrplus before taxatlon
{576.9491
623,236
46.287
1642.4881 458,241 1184,2471
Taxatlon
Surplus after taxatlon
576,949
623.236 46 287
642,488
458.241
184.247
Page 44

Kent CountyAgrfcultural So¢loty and Its 5ubsldlarle8
Sehedul¢$ to tho datailed Income and èxpendlture a¢¢ount
for th• ￿aT ended 30 Septomber 2025
Group
2025
Group
2024
1 Kent County Show incon
Admissions
Trade stands
Entry fees,livestock etc
Cat8ring fran¢hlse Incom6
Six)nsorship and hospitality
Show gLJide
Official lunch
464,884
237,291
45.687
65,990
60,940
3.482
415
367,336
241,856
43.422
59.621
42.S17
2.206
67
878,689
757,025
2 Show èxpenditure
Showground p￿Parat￿￿n and servi¢es
Entertainmènt
Gat&keepers and car park attendants
Security serviees
Printing and Publicfty
Cost ol catoring
Prize money and engraving cup5
Affiliation fees
524,$40
53,733
66.453
45,430
52,417
14,891
65.420
3,305
483,797
46.689
66,058
38,047
65,457
14.685
69,586
2,379
826.189
786,698
3 Donations and l•gaeies
Life goverrors. subscriptions
Gov8mors subscripts.ons
Lrfe member5, subscriptions
Memtr*rs subscriptions
Show subs￿p110ns
$86
1,167
933
13.997
17,613
15.282
16.098
33,593
33.597
Page 45

K•nt County Agrlcullural Soclety and Sts subsldlorle8
Schedules to the detalled income and expendituro account
for the year end￿ 30 Strptgmber 2025
Group
2025
Group
2024
4 Interest and dividend$ re¢elvabl¢
Inter88t receivable
Dividen¢Js reeewable
10.943
7.741
11,172
9,199
18.684
20,371
5 Admlnls¢ratlon
Staff costs
Premises costs
Propetty and equipm8nt maintenan
Trav811tng
Printing and station8ry
Postage
T818phone
Software costs
Loss on disposal
Bank inter8st and charges
Extraordinary items
S84,938
134.651
107,485
2,592
7.591
3,244
19.945
29,910
565.863
148,139
59,464
3,618
11,605
2,755
16.468
30,459
300
74.637
41.284
70,227
960,583
954,592
Paga 46

Kont County Agrl¢ultural S¢¢lety and Its $ubsldlarl8$
Schedules to the detalled income and expendlture a¢¢ount
for the year ended 30 Sfjplembor 2025
Society Sub$ldlary Group
2025
Soaety Subsidiary
Group
2024
6 Goneral
Insurance
Accountancy
Professional
Marketing and promolk)n
Educational awards
Society functions
40.990
15,825
14,489
5.942
8,000
40,990
22,075
23,001
15,108
8,QOO
40.021
15,125
16,498
40,021
21,375
26,831
17,303
10,467
5,816
6.250
8.512
9,168
6,25L)
10.333
11,994
10,467
5,816
85,246
23,928 109.174
93.236
28.577 121.813
7 Interwentity charge$
KEECL- adminislr8fjon
KEECL- licence
290,000
57,591
{290.0001
(57.5911
347.591
340.000 1340,0001
23,000
123,0001
363,000
347 591
363,000
Page 47