REGISTERED COMPANY NUMBER: 02682537 (England and Wales)
REGISTERED CHARITY NUMBER: 1008403
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2024
for
RoyaI Lancashire Agricultural Society
Xeinadin
Ground Floor
Citygate
Longridge Road
Preston
Lancashire
PR2 5BQ

Royal Lancashire AgrIc￿tural Society
Contents of the Financial Statements
for the Year Ended 31 December 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
5 to 6
Notes to the Financial Statements
7 to 11
Detailed Statement of Financial Activities
12 to 13

Royal Lancashire Agricultural Society
Report of the Trustees
for the Year Ended 31 December 2024
The trustee5 who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 December 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicabIe in the UK and RepubIic of Ireland (FRS 102) (effective l January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company,
limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02682537 (England and Wales)
Registered Charity number
1008403
Registered office
Suite 26
Manor Court
Salesbury Hall Road
Ribchester
Lancashire
PR3 3XR
Trustees
P Clarke Director
Mrs N Gornall Farmer
C G Mustoe Company Director
Mrs A J Parfitt Inspector
J M Holtby Retired
The trnstees are sorry to report that Mr J M Holtby died on 27 January 2025.
Independent Examiner
Xeinadin
Ground Floor
Citygate
Longridge Road
Preston
IAncashire
PR2 5BQ
Bankers
Barclays Bank plc
38 Fishergate
Preston
Lancashire
PRI 2AD
Page I

Royal Lancashire Agricultural Society
Report of the Trustees
for the Year Ended 31 December 2024
Approved by order of the board of trustees on 22 May 2025 and signed on its behalf by..
CGMU
e - Trustee
Page 2

Independent Examiner's Report to the Trustees of
Royal Lancashire Agricultural Society
Independent examiner's report to the trnstees of Royal Lancashire Agricultural Society ('the Company,)
I report to the charity trustees on my examinatAon of the accounts of the Company for the year ended
31 December 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purpose5 of company law) you are
responsibIe for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examinatson of your
charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out
my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of
the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can
confirm that I am qualified to undertake the examination because l am a member of the Institute of
Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I conftrm that no matters have come to my attention in connection with
the examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by SectAon 386 of the 2006
Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounttng requirements of Section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as
part of an independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connectÈon with the examination to which
attention should be drawn in this report in order tt) enable a proper understanding of the accounts to be
reached.
KeÈth Roberts
The Institute of Chartered Accountants in England and Wales
Xeinadin
Ground Floor
Citygate
Longridge Road
Preston
Lancashire
PR2 5BQ
22 May 2025
Page 3

Royal Lancashire Agricultural Society
Statement of Financial Activities
for the Year Ended 31 Deeember 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
536
6,298
Activities for generating fund
Other income
387,888
11,952
324,n2
9,359
Total
400376
340,369
EXPENDITURE ON
Raising funds
363,973
340,009
Other
2,765
2,413
Total
366,738
342,422
NET INCOMF/(EXPENDITURE)
33,638
(2,053)
RECONCILIATION OF FUNDS
Total funds brought forward
214,005
216,058
TOTAL FUNDS CARRIED FORWARD
247,643
214,005
The notes form part of these financial statements
Page 4

Royal Lancashire Agricultural Society
Balance Sheet
31 December 2024
2024
Unrestricted
fund
2023
Total
funds
Notes
FIXED ASSETS
TangibIe assets
383
CURRENT ASSETS
Debtors
Cash at bank and in hand
17,169
241,437
12,160
218,783
258,606
230,943
CREDITORS
Amounts falling due within one year
(11,346)
(17.421)
NET CURRENT ASSETS
247,260
213,522
TOTAL ASSEfs LESS CURRENT
LJABILfTIES
247,643
214,005
NEf ASSErs
247,643
214,005
FUNDS
Unrestricted funds
247,643
214,005
TOTAL FUNDS
247,643
214,005
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its Surplus or deficit foi each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
(b)
The notes form part of these financial statements
Page 5
continued...

Royal Lancashire Agricultural Society
Balance Sheet - continued
31 December 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 May 2025
and were signed on its behalf by..
C G Mustoe-
rustee
P Clarke - Trustee
The notes form part of these financial statements
Page 6

RoyaI Lancashire Agricultural Society
Notes to the Financial Statements
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the FinanciaI ReportAng Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements
have been prepared under the histOTLcal cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the funds, it is probable that the income will be received and the amount can be measured reItabIy.
Expenditure
Liabilities are recognised as expenditure as soon as theTe is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reIiably. Expenditure is
accounted for on an accruals basis and has been cIassified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in OTder to write off each asset over its
estimated useful life.
Plant and machinery
20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accountins
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor OT when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight
line basis over the period of the lease.
Page 7
continued...

Royal Lancashire Agricultural Society
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
ACTIVITIES FOR GENERATING FUND
2024
2023
Ticket sales
Concessions
Sponsorships
Trade stands
Show jumping
Craft stalls
Food hall
LifestyIe
Showing- Iight horse
Livestock entries
Showing- heavy horse
160,991
27,057
74,392
69,633
9,145
3,505
96,268
28,357
76,546
66,806
(145)
7,551
4,239
7,329
27,378
9,640
743
8,893
20,974
8,692
602
387,888
324,712
NET INCOMF/(EXPENDITURE)
Net income/ (expenditure) is stated after charging/(uediting):
2024
2023
Depreciation - owned assets
Hire of plant and machinery
loo
34,031
17
27,743
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for
the year ended 31 December 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2024 noT for the year ended
31 December 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,298
Activities for generating fund
Other income
324,n2
9,359
Total
340,369
Page 8
confinued...

Royal Lancashire AgrAcultural Society
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
COMPARATIVES FOR THE ST ATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
EXPENDITURE ON
Raising funds
Other
340,009
2,413
Total
342,422
NET INCOMF/{EXPENDITURE)
(2,053)
RECONCILIATION OF FUNDS
Total funds brought forward
216,058
TOTAL FUNDS CARRIED FORWARD
214,005
TANGIBLE FIXED ASSETS
Plant and
machinery
COST
At l January 2024 and 31 December 2024
500
DEPRECIATION
At I lanuary 2024
Charge for year
17
100
At 31 December 2024
117
NET BOOK VALUE
At 31 December 2024
383
At 31 December 2023
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Trade debtors
VAT
Prepayments
17,169
11,581
33
17,169
12,160
Page 9
conttnued...

Royal Lancashire Agricultural Society
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
VAT
Accruals and deferred income
2,463
980
7,903
7287
10,034
11,346
17,421
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.24
Atl.1.24
Unrestricted funds
General fund
214,005
33,638
247,643
TOTAL FUNDS
214,005
33,638
247,643
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
400,376
{366,738)
33,638
TOTAL FUNDS
400,376
(366,738)
33,638
Comparatives for movement in funds
Net
movement
in funds
At
31.12.23
Atl.1.23
Unrestricted funds
General fund
216,058
(2,053)
214,005
TOTAL FUNDS
216,058
2,053)
214,005
Pase 10
conttnued...

Royal Lancashire Agricultural Society
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
340269
(342,422)
(2,053)
TOTAL FUNDS
340,369
342,422)
2,053)
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
At
31.12.24
Atl.1.23
Unrestricted funds
General fund
216,058
31,585
247,643
TOTAL FUNDS
216,058
31,585
247,643
A current year 12 months and prior year 12 months combined net movement in funds, incIuded in the
above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
GeneraI fund
740,745
(709,160)
31,585
TOTAL FUNDS
740,745
709,160)
31,585
io.
RELATED PARTY DISCLOSURES
Sponsorship income was received indirectly from Colin Mustoe a Trustee/DiTector via Senator
International Ltd (of which Mr Mustoe is a Director) in the sum of £17,500 and from SaEesbury Hall
Estate which trades as Manor Court (of which Mr Mustoe is a Partner) in the sum of £5,000 in the year
ended 31 December 2024.
Page 11

Royal Lancashire Agricultural Society
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
2024
2023
INCOME AND ENDOWMEf4rrs
Donations and Iegacies
Donations
536
6,298
Aetivities for generating fund
Ticket sales
Concessions
Sponsorships
Trade stands
Show jumping
160,991
27,057
74,392
69,633
9,145
96,268
28,357
76,546
66,806
(145)
I 11
Craft stalls
Food haII
LifestyIe
Showing- light horse
Livestock entries
Showing- heavy horse
3,505
4,004
8,893
20,974
8,692
602
7,551
4,239
7,329
27.378
9,640
743
387,888
324,n2
Other income
Membership
Other income
1,925
10,027
2,709
6.650
11,952
9,359
Total incoming resources
400,376
340,369
EXPENDrruRE
Other trading activities
Hire of plant and machinery
Competition costs
Showground expenditure
Show entertainment
Judges expenses
Administration costs
Printing and stationery
Advertising
Staff costs
Donations
Bank charges
Membership expenses
34,031
33,101
251,464
13,883
3,232
4,668
5,634
6,469
5,874
27,743
24,392
234,677
17,773
7,856
4,363
3,234
3,593
5,211
6,000
1,587
3,580
1,203
4,414
363,973
340,009
This page does not form part of the statutory financial statements
Page 12

Royal Lancashire Agricultural Society
Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
2024
2023
Support costs
Finance
Plant and machinery
100
17
Governanee costs
Accountancy fees
2,665
2,396
Total Tesources expended
366,738
342,422
Net income/(expenditure)
33,638
2,053)
This page does not form part of the statutory financial statements
Page 13