REGISTERED COMPANY NUMBER.. 02867043 (England and Wales)
REGISTERED CHARITY NUMBER: 1029231
Report of the Trustees and
Unaudited Financlal Statements
for the Year Ended 30 September 2024
for
MID DEVON TOWN AND COUNTRY SHOW SOCIETY

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Contents of the Financial Statements
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Page
Chairman's Report
Report of the Trustees
Independent Examlnerf$ Report
Statement of Flnancial Activities
Balance Sheet
Notes to the Financial Statements
9 to 14
Detailed Statement of Flnanclal Activltles
15 to 16

MID DEVON TOWN AND COUNTRY SHOW SOCIErY
Chairman's Report
FOR THE YEAR ENDED 30 SEPTEMBER 2024
I would like lo thank the trustees and direthrs for their support, and I have pleasure in submilling these
accoLJnts on their behalf. The accounts certainly make for better reading than last year with a £ 20,967 deficit
transferred into a £72.548 net surplus. This has allowed us lo future proof the IT provision for the show, with
the purchase of new computers for the show office. and also prudently putting some of the reseNes into a
high interest savings account.
Your council is kept up lo dale with the shows progress throughout the year, with two meetings and the AGM,
and the day-lo-day management of the society through a strong committee who meet every 5 weeks or so lo
ensure the finance and organisalion is on track.
I know that we are unique amongst other one-day shows in this respect, others are envious of our hands on
approach and regular weekly meetings wlh key stakeholders in the show sel up. 11 is just one of the reasons
why the Mid Devon Show is respected so much amongst our show community.
The weather this year was certainly of benefit lo us, and the forecast can so easily turn us from profit making
to a loss, unfortunately this is one variable we have no control over.
I would like lo thank Withers Steele and our Hon. Treasurer in the preparation of these accounts and for their
support in the management of the show finances and payroll during the year.
Angus Cottey
Ch
an,
(,,1 z-*
Page 1

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Report of tha Trustees
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Iruslees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial slalemenls of the charity for the year ended 30 September 2024. The trustees have
adopted the provisions of Accounting and Reporting by Charities.. Slalemenl of Recommended Practice
8pplicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 1021 {effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and alms
The principal objectives of the Society are..
I I lo promote and advance agriculture for the benefit of the public and lo seek and generally improve and
publicise il in all ils branches and to encourage skill and industry in il and in all trades, crafts and professions
connected with it.
21 for the primary purpose of raising money for the pursuance of ils Principal Objects lo hold an annual
agricultural show provided that the Society shall not be obliged lo hold a show in any year in relation to which
the Council of the Society shall resolve that holding such a show is impracticable and not in the interest of the
Society.
ACHIEVEMENT AND PERFORMANCE
Charitable activlties
Free entry lickels lo shows organised by the society are given to all children from the Mid Devon area to help
with their understanding of faming and other rural activities. The show charity for the year was Marie Curie
and this enabled that charity to promote il's work and raise funds on the day of the show. The society
continues lo support young people with grants to further their education and experience.
FINANCIAL REVIEW
Principal funding sources
The principal sources of income are the proceeds from the Mid Devon Show, members subscriptions,
donations and sponsorship plus rent from land owned by the Society.
The surplus from all sources for the year lo 30 September 2024 was £ 72,548 compared with a defieil for the
2023 year of£20,967.
Investment policy and objectives
Under the Memorandum and Articles of the Society, the Charity has the power lo make any investments the
Council sees fil. during the year £150,000 was invested in a high interest savings acwunl.
Reserrfes policy
The Iruslees consider a certain level of reserves is required in order to run the Socigly in an orderly and
prudent manner.
The S￿le￿s income and potential losses are variable depending on show day weather and other
imponderables. The long term policy of this Society is to maintain reserves of al least two years recurring
expenditure.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by ils memorandum and articles of association and conslitules a limited company,
limited by guarantee, as defined by the Companies Act 2006.
Recrultment and appointm8nt of new trustees
Al the annual general meeting, on& third of the members of the Council shall retire from office. The members
of the CoLJncil lo retire in every such year shall be those who have been longest in office since their last
election. A retiring member of the Council shall be eligible for re-eleetion until he shall have served 10
consecutive years as a member of the Council. New members are actively recruited from suitably qualified
ordinary members of the Society.
Page 2

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Rgport ofihe Trustees
FOR THE YEAR ENDED 30 SEPTEMBER 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Organisational structure
The Mid Devon Town and Country Show Society was incorporated on the 28 October 1993. The activities are
overseen by a Council of the Society which shall consist of a chairman. vice chairman and until otherwise
determined by the Society in general meets'ng not less than 15 and not more than 45 other members of the
Society.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02867(143 (England and Wales)
Registered Charity number
1029231
Registered office
6 Oaklands Court
TIVERTON
Devon
EX16 6TG
Trustees
Mrs J Ayre Farmer (resigned 1211120241
Mrs R H M Chanin Farmer
A N Colley Farmer
G R Cox Farmer (resigned 121112024)
T Hamlin Auctioneer
Mrs R E J Hamlin Farmer
R Hill Farmer
J A T Lee Farmer (resigned 1211120241
R Lewis Tree Surgeon
A M Overhill Chartered Surveyor
Mrs J E A Penny Retired lappoinled 121112024} {resigned 71312024}
P F Pugsley Reb'red Solicitor
l L Pugsley Retired Solictor
C E Rowland Farmer
R S Sweet Retired Company Director
R W Taylor Retired
R Stagg Chartered Surveyor (resigned 121112024)
W J Withers Chartered Accountant (resigned 1211120241
M J Pring Farmer
Mrs C L Heaven-Roberts Hotelier
Ms S Norman Banker
B D Mildon Farmer
N Thomas Yardsman
A Short Farmer
Miss K M Todd Landlord
E J Berry lappoinled 1211120241
Mrs M E Daw lappoinled 1211120241
R C Hopper (appointed 1211120241
M W Huxtsble {appointed 1211120241
Company Se¢retary
Mr5 E Ford
Sollcltors
Ashfords
Ashford House
Gren8dier Road
Exeter
Page 3

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Report of the Trustees
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Approved by order of the board of trustees on ............................................. and signed on its behalf b￿.
Ford - Secretary
Page 4

Independent Examlnerfs Report to the Trustees of
Mid Devon Town And Country Show Society
Independent examiner's report to the trustees of Mid Devon Town And Country Show Society (Yhe
Company'l
I report to the charity Iruslegs on my examination of the accounts of the Company for the year ended
30 September 2024.
Responsibilities and basis of report
As the charity's Iruslees of the Conipany land also ils directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
20061'the 2006 Ael'l.
Having satisfied myself that the accounts of the Company are not required lo be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your charitls
accounts 85 carried out under Section 145 of the Charities Act 2011 {'Ihe 2011 Act'l. In carrwng out my
examination I have followed the Directions given by the Charity Comrnission under Section 145{51 Ibl of the
2011 Act.
Independent examinerfs statgment
Since your ¢hariVs gross income exceeded £250,000 your examiner musl be a member of a listed body. I
can confirm that l am qualified lo 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 confirm that no mallers have come lo my allenlion in connection with Ihe
examination giving me cause lo believe..
aecounling records were not kept in respect of the Company as required by Section 386 of the 2006
Act., or
the accounts do not accord with those records., or
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 maller considered as
part of an independent examination-, or
the accounts have not been prepared in accordance wth 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 IFRS 10211.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
ILQ
Mr P Lewis-Bending ACA
Date..
Page 5

MID DEVON TOWN ANO COUNTRY SHOW SOCIETY
Statemont of Financial Activitie$
FOR THE YEAR ENDED 30 SEPTEMBER 2024
30.9.24
Total
funds
Unrostricled Designated
funds
fund
30.9.23
Total
funds
Reslricled
fund
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
13,543
13,543
14,822
Other trading activities
Investment income
377.567
5,728
377,567
5.728
292,107
2,461
Total
396,838
396,838
309,390
EXPENDITURE ON
Raising funds
235,921
235,921
233,318
Charitable activities
Generating Funds
Charitable activities
81,650
4,357
81,650
4,357
94,976
2,063
Other
2.362
2,362
Total
324,290
324,290
330,357
NET
INCOMEIIEXPENDITUREI
72,548
72,548
120,9671
RECONCILIATION OF
FUNDS
Total funds brought forward
242,619
25.000
267,619
288,586
TOTAL FUNDS CARRIED
FORWARD
315,167
25,000
340,167
267,619
The notes form part of these financial statements
Page 6

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Balance Sheet
30 SEPTEMBER 2024
30.9.24
Total
funds
30.9.23
Total
funds
Unrestricted Designated
funds
fund
Restricted
fund
Notes
FIXED ASSETS
Tangible assets
99,265
99,265
96.446
CURRENT ASSETS
Debtors
Cash al bank and in hand
864
247,975
864
272,975
13,190
207,607
25,000
248,839
25,000
273,839
220.797
CREDITORS
Amounts falling due wf(hin
one year
10
120,7441
(20,744)
127,2341
NET CURRENT ASSETS
228,095
25,000
253.095
193.563
TOTAL ASSETS LESS
CURRENT LIABILITIES
327,360
25,000
352,360
290,009
CREDITORS
Amounts falling du8 after
more than one year
112,1931
112.1931
122,390)
NET ASSETS
31 5,167
25.000
340,167
267,619
FUNDS
Unreslricled funds
Restricted funds
315,167
25,000
242,619
25,000
TOTAL FUNDS
340,167
267,619
The charitable company is enlilled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 30 September 2024.
The members have nol required the company lo obtain an audit of ils financial slalements for the year ended
30 September 2024 in accordance wth Section 476 of the Companies Act 2006.
The Iruslees acknowledge their responsibilities for
lal
ensuring that the charitable company keeps aceounling records that comply with Sections 386 and 387
of th& Companies Act 2006 and
preparing financial statements which give a true and fair view of thg slate of affairs of the charitable
company as al the end of each financial year and of its surplus or deficit for 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 slalements, so far as applicable to the
charitable company.
Ibl
The notes form part of Ihgse financi81 statements
Page 7
continued...

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Balance Sheet- continued
30 SEPTEMBER 2024
These finarkcial statements have been prepared in accordance with the provisions applicable lo charitable
eompanies subject lo the small companies regime.
The financial statements were approved by the Board of Trustees and aulhorised for issue on
and were signed on ils behalf by..
Ii
ttey- Trustee
The notes form part of these finaneial statements
Page 8

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 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 IFRS 1021 'Accounling and Reporting by
Charities.. Ststement of Recommended Piaclice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland. and the Companies Ael 2006. The financial statements
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the society has enlitlemenl lo the
funds, It is probable that the income wll be received and the amount can be measured reliably.
Expenditure
Liabilities a￿ recognised as exper)dilure as soon as there is a legal or constructive obligation
committing the society lo 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 reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed lo particular headings they have been
allocated lo activities on a basis consistent with the use of resources.
Grants offered subject lo conditions which have not been met al the year end data are noted as a
commitment but not accrued as expgndilure.
Tanglble fixed assets
Depreciation is provided al the following annual rates in order lo write off each asset over its estimated
useful life.
Freehold propety
Improvements to propety
Plant and machinery
50/0 on cost
in accordance with the propety
15% on reducing balance
Taxation
The charity is exempl from corporation lax on ils charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees. Reslricled funds can only be used for particular reslricled purposes wlhin the objects of the
Society. Reslriclions arise when specified by the donor or when funds are raised for parbcular
restricted purposes.
Hlre purchase and leasing commitments
Rentals paid under operating leases are charged to Ihe Statement of FirFan¢ial Activities on a straight
line basis over the period of the lease.
Page 9
continued...

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
OTHER TRADING ACTIVITIES
30.9.24
30.9.23
Entrance
Trade stands
Exhibitors
Sponsorship
Catalogues
Catalogue advertising
Food oullels
Hire of generators & equipment
200,821
74,903
20,259
28,379
5,390
2,065
35,856
9,894
130,668
71,612
13,772
28,558
3,505
4.665
30,583
8.744
377,567
292.107
INVESTMENT INCOME
30.9.24
30.9.23
Deposlt account interest
5,728
2,461
NET INCOMEI{EXPENDITUREI
Net incomellexpendilurel is slated after chargingllcredib'ngl:
30.9.24
30.9.23
Depreciation - owned assets
Hire of plant and machinery
3,083
3,176
12,326
4,668
TRUSTEES. REMUNERATION AND BENEFITS
There were no Iruslees, remuneration or other benefits for the year ended 30 September 2024 nor for
the year ended 30 September 2023.
Trustees. gxpenses
There were no Iruslees, expenses paid for the year ended 30 September 2024 nor for the year ended
30 September 2023.
STAFF COSTS
The average monthly number of employees during the year was as follows-.
Administration
30.9.24
30.9.23
No employees received emoluments in excess of £60,000.
Page 10
continued...

MID DEVON TOWN AND COUNTRY SHOW SOCIErY
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Designated
funds
fund
Reslricled
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
14.822
14.822
Other trading activities
Investment income
292.107
2,461
292,107
2,461
Total
309,390
309,390
EXPENDITURE ON
Raising funds
233,318
233,318
Charitable activities
Generating Funds
Charitable activities
94,976
2,063
94,976
2,063
Totsl
330,357
330.357
NET INCOMEIIEXPENDITURE)
{20.9671
120,9671
RECONCILIATION OF FUNDS
Total funds brought fotward
263,586
25,000
288.586
TOTAL FUNDS CARRIED FORWARD
242,619
25,000
267,619
TANGIBLE FIXED ASSETS
Improvements
lo
propety
Freehold
property
Plant and
machinery
Totals
COST
Al 1 October 2023
Additions
Disposals
103,073
88,421
6,486
10,479
201,973
6,486
1584}
{5841
AI 30 September 2024
103,073
94,907
9,895
207,875
DEPRECIATION
Al 1 October 2023
Charge for year
12,192
1,527
88,421
721
4,914
835
105,527
3,083
At 30 September 2024
13,719
89.142
5.749
108,610
NET BOOK VALUE
AI 30 Sèplember 2024
89,354
5,765
4,146
99,265
AI 30 September 2023
90,881
5,565
96,446
Ineluded in cost or valuation of land and buildings is freehold land of £72,59312023 - £72,593} which is
not depreciated.
Page11
continued...

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
DEBTORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR
30.9.24
30.9.23
Trade debtors
Prepayments
864
8,810
4,380
864
13,190
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24
30.9.23
Other loans {see note 121
Trade creditors
Social security and other taxes
Accruals and deferred income
10,198
6,891
2,020
1,635
9,943
6,893
9,550
20,744
27,234
11. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24
30.9.23
Other loans (see note 12)
12,193
22,390
12. LOANS
An analysis of the maturity of loans is given below..
30.9.24
30.9.23
Amounts falling due within one year on demand..
Other loans
10.198
9,943
Amounts falling due between Iwo and five years..
Other loans - 2-5 years
12,193
22,390
13. MOVEMENT IN FUNDS
Nel
movement
in funds
Al
1.10.23
Al
30.9.24
Unrgstricted funds
General fund
Revaluation reserve
232,619
10.000
72.548
305,167
10,000
242.619
72,548
Restrleted funds
Restricted
315,167
25,000
25.000
TOTAL FUNDS
267,619
72,548
340,167
Page 12
continued...

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Notes to tho Financial Slatements - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
13.
MOVEMENT IN FUNDS - continued
Nel movement in funds, included in the above are as follows-
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
396,838
1324,2901
72,548
TOTAL FUNDS
396,838
1324,2901
72,548
Comparatives for movement in fund$
Nel
movement
in funds
At
30.9.23
1.10.22
Unrestrictgd funds
General fund
Revaluation reserye
253,586
10,000
120,9671
232,619
10,000
263.586
Reytricted funds
Reslricled
{20,9671
242,619
25,000
25,000
TOTAL FUNDS
288,586
120,9671
267,619
Comparative nel movement in funds. included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
309,390
1330,3571
120,9671
TOTAL FUNDS
309,390
(330,3571
120.9671
Page 13
continued...

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024
MOVEMENT IN FUNDS- continued
13.
A current year 12 months and prior year 12 months combined position is as follows..
Nel
movement
in funds
Al
1.10.22
Al
30.9.24
Unre5trlcted fund¥
General fund
Revaluats'on reserve
253,586
10,000
51,581
305,167
10,000
Restrfcted funds
Reslricled
263,586
51,581
315,167
25,000
25,000
TOTAL FUNDS
288,586
51.581
340,167
A current year 12 months and pnor year 12 months combined nel movement in funds, included in the
above are as follows".
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
Geneml fund
706,228
1654,6471
51,581
TOTAL FUNDS
706,228
1654,6471
51,581
14. RELATED PARTY DISCLOSURES
Mr P Lews-Bending is a director al Withers Steele Chartered Accountants. Mr W Withers is also a
director at Withers Steele Chartered Accountants, and a trustee of the charity. The examination has
been carried out in accordance with the code of ethics set by the ICAEW and the guidance ICC321 set
by the Charity Commission for England and Wales and steps have been taken to ensu￿ the
examination has been carried out in a wholly independent manner.
Page 14

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Detailed Statement of Financial Activlties
FOR THE YEAR ENDED 30 SEPTEMBER 2024
30.9.24
30.9.23
INCOME AND ENDOWMENTS
Donatlons and legacie$
Patrons and member
Renvgrass keep
11,743
1.800
13,022
1,800
13,543
14.822
Other trading activities
Entrance
Trade stands
Exhibitors
Sponsorship
Catalogues
Catalogue advertising
Food outlets
Hire of generators & equipment
200.821
74,903
20,259
28,379
5,390
2,065
35,856
9,894
130,668
71,612
13,772
28.558
3.505
4,665
30,583
8,744
377,567
292,107
Investment Incgrne
Deposit account interest
5,728
2,461
Total Incoming resources
396,838
309.390
EXPENDITURE
Raising donations and legacies
Tenlage
Hire of Equipment
Security
Gale Tellers
Catslogues & booklets
Transport
Judges Expenses
Prizes and rosettes
First Aid
Other Attractions
Traffic management
Show Office Assistsnce
Advertising
Show Ground Rent
Sile Costs
Professional Feés
Members, Stewards evening
41.426
43,058
8,405
11,431
24,426
6,275
2,221
11.728
3,500
12,681
20,214
1,009
35,610
46,454
7,910
13,056
6,293
5,850
2,164
9,457
3,500
12,095
30.302
19,683
21,829
11,514
5,207
1,445
24,526
17,545
6,328
234,773
232,369
Other trading activltles
Bank loan interest
1.148
949
This page does not form part of the slatulory financial ststemenls
Page 15

MID DEVON TOWN AND COUNTRY SHOW SOCIETY
Detailed Statement of Flnancial Activitles
FOR THE YEAR ENDED 30 SEPTEMBER 2024
30.9.24
30.9.23
other trading activitle$
Charitable actlvitios
Charitable Activities
Grants lo individuals
4,357
1,613
750
4,357
2.363
Support costs
Management
Office Salaries
Hire of plant and machinery
Insurance
Light and heal
Telephone
Office expenses
Sundries
Freehold propety
Improvements lo propety
Plant and machinery
46,658
3,176
9,288
1,999
1,338
11,320
26
1,527
721
835
47,707
4,668
7,851
1,989
2,044
11,921
1,524
9.821
981
76,888
88,506
Finance
Bank charges
7,124
6,170
Totsl resources expended
324.290
330.357
Net ineomellexpenditure)
72,548
120.9671
This page does not form part of the slatulory financial slalemenls
Page 16