``` REGISTERED COMPANY NUMBER: 02748260 (England and Wales) REGISTERED CHARITY NUMBER: 1021210 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS ``` ``` FOR THE YEAR ENDED 31 DECEMBER 2024 ``` ``` FOR ``` ``` SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY ``` ``` Duncan & Toplis Limited 14 London Road Newark Nottinghamshire NG24 1TW ``` ``` SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`2`| |**`Independent Examiner's Report`**||`3`|| |**`Statement of Financial Activities`**||`4`|| |**`Balance Sheet`**|`5`|`to`|`6`| |**`Notes to the Financial Statements`**|`7`|`to`|`10`| |**`Detailed Statement of Financial Activities`**|`11`|`to`|`12`| ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreportwiththe financial statementsofthecharityfortheyearended31December2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReporting by Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` The objectiveof the charityis to promoteagricultureand to such end generallyimproveit in all branchesand to encourageskill and industry in it andin alltrades,craftsandprofessionsconnectedwithit.ThetrusteesconfirmthattheyhavereferredtotheCharityCommission's general guidanceonpublicbenefitintheirreviewofthecompany'sobjective.TheprincipleactivityofthecharityistopromotetheSouthwell and District Annual Ploughing Match and Agricultural Show. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` DuringtheyeartheSocietycontinuedtopromoteitsobjectivesbyholdingitsannualshowinFarnsfield.Thetrusteescontinuetopursue the Society's stated objectives. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Thefinancialstatementsaccompanyingthisreportshowa net income/(deficit)forthe yearamountingto £25,226(2023- net income£6,037 ) and total funds available at the year end of £297,290 (2023- £272,064). ``` ``` The Society made the following distributions in the year £7,500 to Nottinghamshire Young Farmers Club (2023 - £7,500) £5,000 to Stonebridge City Farm (2023 - ££5,000) £3,000 to Rotary Southwell (2023 - £3,000) £1,100 to Papyrus Prevention of Young Suicide Breast Cancer Now (2023 - £1,792) International Ploughing (2023 - £915). ``` ## **`Reserves policy`** ``` The reservesof the charityhave been reviewedand it was concludedthat in order to allowthe charityto be managed efficientlyand to provide abufferintheeventofcancellationofafutureshoworlowattendanceduetopoorweather,theunrestrictedfundsnotcommitted should equateto a minimumofoneand a halfyearsresourceexpenses.Theend reservesare maintainedin readycashformto enablethe Society to meet its capital and revenue expenditure. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Southwell& DistrictAgriculturalSocietyis a companylimitedby guarantee(asdefinedby CompaniesAct2006)governedby its Memorandum and Articles of Association dated 25th August 1992. It is registered with the Charity Commission. ``` ## **`Organisational structure`** ## **`General Committee`** ``` TheGeneralCommitteeoftheSocietyhasabsolutecontrolovertheaffairsandthepropertyoftheSociety.Thecommitteeconsistsof the Chairman and Vice Chairman and until otherwise determined by the Society all other members of the Society excluding the Honorary Members. ``` ## **`Trustees`** ``` The day to day operationof the Society'sactivitiesis entrustedto the Trusteeswho report to the General Committee.The trustees are directors of the Company as well as its trustees in the terms of the Charities Act. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Company number`** ``` 02748260 (England and Wales) ``` ## **`Registered Charity number`** ``` 1021210 ``` ``` Page 1 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024`** ## **`Registered office`** ``` 14 London Road Newark Nottinghamshire NG24 1TW ``` ## **`Trustees`** ``` C M Collingham Farmer J P Jackson Farm Manager P I White Farmer T J Hinchley J B Ashworth ``` ## **`Company Secretary`** ``` S Tooley ``` ## **`Independent Examiner`** ``` Duncan & Toplis Limited 14 London Road Newark Nottinghamshire NG24 1TW ``` ``` Approved by order of the board of trustees on ............................................. and signed on its behalf by: ``` ``` ..................................................................................... P I White - Trustee ``` ``` Page 2 ``` ## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`Independent examiner's report to the trustees of Southwell And District Agricultural Society ('the Company')`** ``` I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(and also its directorsfor the purposesof companylaw) you are responsiblefor the preparationof the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006Actandareeligible for independentexamination,I reportin respectof my examinationof your charity'saccountsas carriedout under Section145 of the Charities Act 2011('the2011Act').In carryingoutmy examinationI havefollowedthe Directionsgivenby the CharityCommissionunderSection145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` I have completedmy examination.I confirmthat no mattershave come to my attentionin connectionwith the examinationgiving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting 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` `4. 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)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattentionshouldbedrawnin this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Simon Shaw ``` ``` Duncan & Toplis Limited 14 London Road Newark Nottinghamshire NG24 1TW ``` ``` Date: ............................................. ``` ``` Page 3 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024`** |`2024`
`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`7,308`
**`Charitable activities`**
`Annual show and dinner`
`211,328`
**`Total`**
`218,636`
**`EXPENDITURE ON`**
**`Charitable activities`**
`Annual show and dinner`
`208,375`
`Net gains on investments`
`14,783`
**`NET INCOME`**
`25,044`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`272,064`
**`TOTAL FUNDS CARRIED FORWARD`**
`297,108`|`2023`
`Total`
`funds`
`£`
`5,407`
`205,476`| |---|---| ||`210,883`| ||`218,582`| ||`13,736`| ||`6,037`
`266,027`| ||`272,064`| ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`BALANCE SHEET 31 DECEMBER 2024`** |`2024`
`Unrestricted`
`fund`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`4`
`1,461`
**`CURRENT ASSETS`**
`Stocks`
`5`
`-`
`Debtors`
`6`
`15,000`
`Investments`
`7`
`212,979`
`Cash at bank`
`83,417`
`311,396`
**`CREDITORS`**
`Amounts falling due within one year`
`8`
`(15,749)`
**`NET CURRENT ASSETS`**
`295,647`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`297,108`
**`NET ASSETS`**
`297,108`
**`FUNDS`**
`9`
`Unrestricted funds`
`297,108`
**`TOTAL FUNDS`**
`297,108`|`2023`
`Total`
`funds`
`£`
`1,827`
`182`
`1,320`
`198,196`
`71,838`| |---|---| ||`271,536`
`(1,299)`| ||`270,237`| ||`272,064`| ||`272,064`| ||`272,064`| ||`272,064`| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006fortheyear ended 31 December 2024. ``` ``` The members have not required the companyto obtain an audit of its financialstatementsfor the year ended 31 December2024 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 ``` ``` (b)preparingfinancialstatementswhichgiveatrueandfairviewofthestateofaffairsofthecharitablecompanyasattheendof each financialyearandofitssurplusordeficitforeachfinancialyearinaccordancewiththerequirementsofSections394and395 and whichotherwisecomplywiththe requirementsof the CompaniesAct 2006relatingto financialstatements,so far as applicableto the charitable company. ``` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` Page 5 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`BALANCE SHEET - continued 31 DECEMBER 2024`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitablecompaniessubjecttothe small companies regime. ``` ``` Thefinancialstatementswereapprovedby the BoardofTrusteesand authorisedforissueon .............................................and weresigned on its behalf by: ............................................. P I White - Trustee ............................................. C M Collingham - Trustee ............................................. J P Jackson - Trustee ............................................. J B Ashworth - Trustee ............................................. T J Hinchley - Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 6 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunder FRS 102,have been preparedin accordance with the CharitiesSORP(FRS 102) 'Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102) (effective1January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicableintheUKandRepublic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ## **`Income`** ``` AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,itisprobablethat the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommittingthecharityto that expenditure,it is probablethat a transferof economicbenefitswill be requiredin settlementand the amountof the obligationcan be measuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitieson a basis consistent with the use of resources. ``` ## **`Tangible fixed assets`** ``` Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ``` ``` Plant and machinery- 20% on reducing balance Computer equipment- 20% on reducing balance ``` ## **`Stocks`** ``` Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithinthe objectsof the charity.Restrictionsarise when specified by the donor or 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. ``` ## **`2. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||`2024`|`2023`| |---|---|---| ||`£`|`£`| |`Depreciation - owned assets`|`366`|`456`| ``` continued... ``` ``` Page 7 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024`** ## **`3. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024norfortheyear ended 31 December 2023. ``` ## **`Trustees' expenses`** ``` There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ``` ## **`4. TANGIBLE FIXED ASSETS`** ## **`5.`** ## **`6.`** ## **`7.`** |`Plant and`
`Computer`
`machinery`
`equipment`
`Totals`
`£`
`£`
`£`
**`COST`**
`At 1 January 2024 and 31 December 2024`
`3,534`
`5,167`
`8,701`
**`DEPRECIATION`**
`At 1 January 2024`
`2,305`
`4,569`
`6,874`
`Charge for year`
`246`
`120`
`366`
`At 31 December 2024`
`2,551`
`4,689`
`7,240`
**`NET BOOK VALUE`**
`At 31 December 2024`
`983`
`478`
`1,461`
`At 31 December 2023`
`1,229`
`598`
`1,827`
**`STOCKS`**
`2024`
`2023`
`£`
`£`
`Stocks`
`-`
`182`
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`2024`
`2023`
`£`
`£`
`Trade debtors`
`15,000`
`-`
`Prepayments and accrued income`
`-`
`1,320`
`15,000`
`1,320`
**`CURRENT ASSET INVESTMENTS`**
`2024`
`2023`
`£`
`£`
`Listed investments`
`212,979`
`198,196`|`Totals`
`£`
`8,701`
`6,874`
`366`
`7,240`
`1,461`
`1,827`
`2023`
`£`
`182`
`2023`
`£`
`-`
`1,320`|`Totals`
`£`
`8,701`
`6,874`
`366`
`7,240`
`1,461`
`1,827`
`2023`
`£`
`182`
`2023`
`£`
`-`
`1,320`| |---|---|---| |||`6,874`
`366`| |||`7,240`| |||`1,461`| |||`1,827`| |||`2023`
`£`
`182`| |||`2023`
`£`
`-`
`1,320`| |||`1,320`| ``` continued... ``` ``` Page 8 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024`** ## **`8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade creditors`
`Accrued expenses`
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`

**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Comparative net movement in funds, included in the above are`

**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`2024`
`2023`
`£`
`£`
`15,000`
`-`
`749`
`1,299`
`15,749`
`1,299`
`Net`
`movement`
`At`
`At 1.1.24`
`in funds`
`31.12.24`
`£`
`£`
`£`
`272,064`
`25,044`
`297,108`
`272,064`
`25,044`
`297,108`
`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`218,636`
`(208,375)`
`14,783`
`25,044`
`218,636`
`(208,375)`
`14,783`
`25,044`
`Net`
`movement`
`At`
`At 1.1.23`
`in funds`
`31.12.23`
`£`
`£`
`£`
`266,027`
`6,037`
`272,064`
`266,027`
`6,037`
`272,064`
`as follows:`
`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`210,883`
`(218,582)`
`13,736`
`6,037`
`210,883`
`(218,582)`
`13,736`
`6,037`|`2024`
`2023`
`£`
`£`
`15,000`
`-`
`749`
`1,299`
`15,749`
`1,299`
`Net`
`movement`
`At`
`At 1.1.24`
`in funds`
`31.12.24`
`£`
`£`
`£`
`272,064`
`25,044`
`297,108`
`272,064`
`25,044`
`297,108`
`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`218,636`
`(208,375)`
`14,783`
`25,044`
`218,636`
`(208,375)`
`14,783`
`25,044`
`Net`
`movement`
`At`
`At 1.1.23`
`in funds`
`31.12.23`
`£`
`£`
`£`
`266,027`
`6,037`
`272,064`
`266,027`
`6,037`
`272,064`
`as follows:`
`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`210,883`
`(218,582)`
`13,736`
`6,037`
`210,883`
`(218,582)`
`13,736`
`6,037`|`2023`
`£`
`-`
`1,299`| |---|---|---|---| ||||`1,299`| |||`6,037`|| ## **`9. MOVEMENT IN FUNDS`** ``` continued... ``` ``` Page 9 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024`** ## **`9. MOVEMENT IN FUNDS - continued`** ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At`
`At 1.1.23`
`in funds`
`31.12.24`
`£`
`£`
`£`
`266,027`
`31,081`
`297,108`
`266,027`
`31,081`
`297,108`|`Net`
`movement`
`At`
`At 1.1.23`
`in funds`
`31.12.24`
`£`
`£`
`£`
`266,027`
`31,081`
`297,108`
`266,027`
`31,081`
`297,108`| |---|---|---| |||`297,108`| ``` A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`429,519`
`(426,957)`
`28,519`
`31,081`
`429,519`
`(426,957)`
`28,519`
`31,081`|`Incoming`
`Resources`
`Gains and`
`Movement`
`resources`
`expended`
`losses`
`in funds`
`£`
`£`
`£`
`£`
`429,519`
`(426,957)`
`28,519`
`31,081`
`429,519`
`(426,957)`
`28,519`
`31,081`| |---|---|---| |||`31,081`| ## **`10. RELATED PARTY DISCLOSURES`** ``` Charitable activities with the trustees during the year totalled £2,370 (2023 £2,770). ``` ## **`11. COMPANY LIMITED BY GUARANTEE`** ``` The charity is a company limited by membership guarantees. ``` ``` Page 10 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024`** |**`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`**
**`FOR THE YEAR ENDED 31 DECEMBER 2024`**||| |---|---|---| ||`2024`|`2023`| ||`Unrestricted`|`Total`| ||`funds`|`funds`| ||`£`|`£`| |**`INCOME AND ENDOWMENTS`**||| |**`Donations and legacies`**||| |`Sponsorship and donations`|`7,308`|`5,407`| |**`Charitable activities`**||| |`Membership fees`|`980`|`741`| |`Advertising`|`2,700`|`410`| |`Entry fees`|`9,561`|`9,196`| |`Trade stands and craft fairs`|`25,459`|`28,798`| |`Catalogue sales`|`1,296`|`3,065`| |`Gate entry`|`119,806`|`115,627`| |`Farmers market`|`5,054`|`6,286`| |`Dinner receipts`|`12,581`|`13,810`| |`Barbeque receipts`|`6,361`|`8,381`| |`Autumn dance receipts`|`23,672`|`17,230`| |`Spring ploughing match receipt`|`2,760`|`950`| |`Produce auction`|`1,098`|`982`| ||`211,328`|`205,476`| |**`Total incoming resources`**|`218,636`|`210,883`| |**`EXPENDITURE`**||| |**`Charitable activities`**||| |`Insurance`|`12,489`|`8,395`| |`Commission charges`|`4,731`|`5,569`| |`Printing`|`9,798`|`8,528`| |`Postage and stationery`|`1,953`|`2,541`| |`Dinner costs`|`10,560`|`11,198`| |`Barbeque costs`|`5,697`|`8,031`| |`Autumn dance costs`|`20,002`|`12,399`| |`Show jumps, course and judge`|`2,085`|`4,045`| |`Paramedics and first aid`|`2,904`|`4,256`| |`Show day attractions`|`12,898`|`11,920`| |`Security and car parking`|`5,153`|`2,792`| |`Tents and other show day exp`|`27,803`|`27,425`| |`Equipment hire and maintenance`|`48,820`|`56,349`| |`Public address`|`2,430`|`2,430`| |`Prize money`|`6,258`|`8,973`| |`Catering and hospitality`|`3,141`|`2,704`| |`Rosettes and trophies`|`3,638`|`5,260`| |`Distributions to charities`|`13,600`|`18,207`| |`Spring lunch`|`2,484`|`10`| ||`196,444`|`201,032`| ``` This page does not form part of the statutory financial statements ``` ``` Page 11 ``` ## **`SOUTHWELL AND DISTRICT AGRICULTURAL SOCIETY`** ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024`** |**`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`**
**`FOR THE YEAR ENDED 31 DECEMBER 2024`**||| |---|---|---| ||`2024`|`2023`| ||`Unrestricted`|`Total`| ||`funds`|`funds`| ||`£`|`£`| |**`Support costs`**||| |**`Management`**||| |`Accountancy fees`|`1,170`|`815`| |`Website alterations`|`478`|`3,365`| |`Affiliation fees`|`259`|`355`| |`Secretarial costs`|`9,000`|`11,250`| |`Plant and machinery`|`246`|`691`| |`Computer equipment`|`120`|`336`| ||`11,273`|`16,812`| |**`Finance`**||| |`Bank charges`|`658`|`738`| |`Total resources expended`|`208,375`|`218,582`| |**`Net income before gains and losses`**|`10,261`|`(7,699)`| |**`Realised recognised gains and losses`**||| |`Realised gains/losses on investments`|`14,783`|`13,736`| |**`Net income`**|`25,044`|`6,037`| ``` This page does not form part of the statutory financial statements ``` ``` Page 12 ```