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|CONTENTS|PAGE|
|---|---|
|Reference and Administrative
Information||
|Annual
Report ofthe Trustees|3-5|
|Independent
Examiner's
Report||
|Statement
of Financial
Activities||
|Balance Sheet||
|Notes to the Financial Statements|9-13|
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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
|Total|reserves||||||429,241|255,693|
|Less:|Fixed|assets|used|for|charitable|purposes|(143,098)|(119,801)|
|Free|reserves||||||286,143|135,892|
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||||Total||
|---|---|---|---|---|
||||Unrestricted|Total|
||||Funds|Funds|
||||2020|2019|
|||Note|E|E|
|INCOMING RESOURCES|||||
|Incoming
Resources from
Charitable
Activities|||1,938|121,182|
|Incoming
Resources
from|||||
|Generated
Funds|||||
|Voluntary
Income
Investment
Income|||21,840
1,881|72,148
2,640|
|Total Incoming
Resources|||25,659|195,970|
|RESOURCES EXPENDED|||||
|Charitable
Activities|||47,067|184,600|
|Governance
Costs|||0|0|
|Total Resources Expended|||47,067|184,600|
|NET (OUTGOING)/INCOMING|RESOURCES||||
|BEFORE OTHER RECOGNISED||GAINS|||
|AND LOSSES|||(21,408)|11,370|
|Realised Gains/(Losses)||6|(2,044)|(2,685)|
|Unrealised
Gains/(Losses)||6|0|12,362|
|Profit on sale of Land and Buildings||7|197,000|0|
|NET MOVEMENT
IN FUNDS|||173,548|21,047|
|FUND BALANCES BROUGHT|||||
|FORWARD|||255,693|234,646|
|FUND BALANCES CARRIED|||||
|FORWARD|||429,241|255,693|
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|FNil expenses were reimbu|FNil expenses were reimbu|rsed
to trustees (2019:fNil).|rsed
to trustees (2019:fNil).|||
|---|---|---|---|---|---|
|ANALYSIS OF INCOMING||RESOURCES||||
|||||2020|2019|
||||||E|
|Incoming
Resources|from|Charitable|Activities:|||
|Trade Stands||||0|45,222|
|Car Park||||0|27,233|
|Catering Concession||||0|16,885|
|Wine Bar and Lunches||||0|4,920|
|Entries||||0|15,999|
|Functions
including|Pre Show Party|||1,938|4,231|
|Pictures/Raffle/Books||||0|2,028
Pageos|
|Rent||||0|2,100|
|Auction
and Sale of|Cheese|||0|2564|
|||||1,938|121,182|
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||FOR THE YEAR|FOR THE YEAR|ENDED 31 DECEMBER 2020 CON|ENDED 31 DECEMBER 2020 CON|TINUED||
|---|---|---|---|---|---|---|
|3.|ANALYSIS OF INCOMING||RESOURCES (CONTINUED)||||
||||||2020|2019|
|||||||E|
||Voluntary
Income:||||||
||Subscriptions||||4,224|4,556|
||Sponsorship||||16,750|66,414|
||Tax Reclaim on Subscriptions||||866|1,178|
||||||21,840|72,148|
||Investment
Income;||||||
||Bank and Investment|Interest|||1,881|2,640|
|4.|ANALYSIS OF RESOURCES|||EXPENDED|||
||||||2020|2019|
|||||||E|
||Charitable
Activities:||||||
||Donations||||0|2,500|
||Subscriptions,
Affiliation||Fees|and Licences|411|1,274|
||Show Expenses||||43,444|172,071|
||Depreciation||||429|304|
||Printing,
Postage, Stationery|||and Office Costs|2,783|8,451|
||||||47,067|184,600|
||Governance
Costs:||||||
||Independent
Examination||||0|0|
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|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|---|
|Website||Land and|Plant and||Office||
|Design||Buildings|Machinery|Equipment||Total|
||6|F.||6|6|6|
|CostNaluation|||||||
|At 1 January 2020|5,275|141,695|6,495||11,757|165,222|
|Additions||29,225||||29,225|
|Disposals||30,251||||30,251|
|At 31 December 2020|5,275|140,669|6,495||11,757|164,196|
|Depreciation|||||||
|At 1 January 2020|5,275|24,751|3,638||11,757|45,421|
|Eliminated
on disposal||24,751||-|-|24,751|
|Charge for the year|||428|||428|
|At 31 December 2020|5,275||4,066||11,757|21,098|
|Net Book Value|||||||
|At 31 December 2020||140,669|2,429|||143,098|
|At 31 December 2019||116,944|2,857|||119,801|
|All tangible
fixed assets are used|in direct furtherance||ofthe Charity's||objectives.||
|LISTED INVESTMENTS|||||||
||||||2020|2019|
||||||6|6|
|Market Value Brought Forward|||||102,067|92,617|
|Acquisitions
at Cost|||||21,965|19,624|
|Sales Proceeds on Disposal||||(121,989)||(19,851|
|Realised Gain/(Loss)|||||(2,044)|(2,685)|
|Unrealised
Gain/(Loss)|||||0|12,362|
|Market Value Carried Forward|||||0|102,057|
|Book Cost Carried Forward|||||0|75,227|
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||decision
to record
December 2020.|the
profit
|from
this sale|in the accounts
fo|r the year e|nded
31|
|---|---|---|---|---|---|---|
|||||||2020|
||Land and Buildings|sold - Cost|Brought Forward|||30,251|
||Less: Accumulated|Depreciation
Brought Forward||||24,751|
||Land and Buildings|sold —Net|Book Value|||5,500|
||Proceeds from sale|||||202,500|
||Net Profit on Sale of Land and||Buildings|||197,000|
|8.|DEBTORS||||||
||||||2020|2019|
||||||E|E|
||Prepayments
and Accrued income||||3,779|6,975|
||C G Fry and Son —Balance due on purchase|||of Old Show Site|182,250|0|
||||||186,029|6,975|
|9.|CREDITORS||||||
||||||2020|2019|
||Accruals and Income received||in advance||9,348|3,728|