## **President’s Report November 2025**
It’s a cliché, but it has been a fantastic year for **Cambridgeshire Young Farmers** . Don’t get me wrong — there were moments! But this year I have been extremely proud and lucky to be your President.
A few of the highlights for me: the Presidential Quiz at the start of the year is always a highlight, mainly because I have a microphone in my hand and a captive audience! It never ceases to amaze me how many extraordinarily clever people we have in the Federation — but on the flip side, how many extraordinarily un-clever people we have too!
Next, as always, came **Stock Judging** — or as it’s now called, “a free day out to look at animals with the kids.” The standard was high this year, more so than in other years. I noticed a lot more people taking it deadly seriously. From a county that historically isn’t very livestock-based, we have some very knowledgeable people in that area of the agricultural sector. I’m definitely on the side that doesn’t know a thing about it — only that I hate sheep! Thanks to **Lattenbury Farms** , all the **Wisson-Burtons** , and all of **Huntingdon YFC** who helped and made the event possible.
Next, the **Mock Auction** , or as I like to call it, “a free day out to look at machinery with the kids!” It was a great one — this time not only did you have to guess the machinery values, you had to find where the lot was! I believe there was an admin error, though plenty of people got their steps in that day! Big thanks to **Harrison Machinery** and **March YFC** for hosting the event!
The **Cambridgeshire County Show** — I cannot do my President’s Report without saying how great it was this year. For the second year running, it was a triumph! The competitions on the day were hotly contested, with the tug of war being one of the most watched events of the day. The YFC tent was packed with fantastic entries — some of which must have taken hours of preparation and planning, while others… not so much!
A big well done to everyone who competed and attended, showing the best of **Cambs YFC** to the wider public. One standout highlight from the day was the commentator in the main ring — with former Prime Minister **Mr John Major** saying, and I quote, “His commentary was superb.” He also thought he was a good-looking chap!
I would like to thank all of the **Show Committee** for organising the event — you’ve done yourselves proud (though you’ve set the bar high for next year!). A special thanks goes to **Mr & Mrs Campbell-Burgess (Tommy and Ellie)** , whose dedication to the show makes it what it is, and to all the helpers before, during, and after the event — judges, stewards, and everyone who made the day possible.
To the **County Team** , thank you for making this year so much fun! It has been an absolute pleasure working with all of you — Jess, Naomi, Abby, Dan, and of course Sam,
Chairman who’s actually done all the paperwork they were meant to!
And to all the **Young Farmers** — a big thank you.
One last point before I go — you guys sitting here don’t know it yet, but these days are some of your best. You’ll look back on them with happy memories, retelling stories about what you got up to in Young Farmers.
This organisation is not like any other. It offers so many opportunities and teaches you skills that you might not even realise you’ve learned yet. So make the most of these days — get involved, do everything you possibly can within the Federation and beyond.
This organisation is close to my heart, as it is to many others in this room, and I know what it can offer you. I wouldn’t be where I am today without it. The opportunities and experiences I’ve had — I wouldn’t have met my wife, and I certainly wouldn’t have had half as much fun without Young Farmers!
So let’s make next year even better!
Many Thanks
Luke Abblitt
Treasurers Report November 2025
Good evening, everyone. I’m pleased to present this period’s treasurer’s report, which will provide a summary of our financial performance and position for our financial year running from 1[st] September 2024 to the 31[st] August 2025. This report covers our income, expenditures, and any significant financial changes, and has been kindly prepared and audited by Paul Rix of Evolve Accounting.
You should all have a copy of the audited accounts in front of you. Please may I ask that you reserve any questions to the end.
(35.12%) from the previous year where we had the benefit of taking a large increase in value of investment of £20,837.81. As reported in last year’s treasurers report, when this increase in the value of investment is taken aside, the true income for 2024 was £43,000.00. With this true income value levelled against income for 2025, we see only a £1,473.20 decrease in income from the previous year.
The income is attributable to several factors. The Affiliation fees and insurance income appears to have decreased from £19,637.10 to £1,424.12 however much of the YFC 2024–2025-year levy payments were accrued in last year’s accounts as reported by the previous treasurer’s report. The Cambridgeshire County Show made a fantastic profit this year of £22,029.49 which is accrued in full within this set of accounts.
Now moving onto expenditure:
of £4,636.45 from the previous financial year.
The notable increases in our direct expenditure are; our Salaries and National Insurance Contributions costs which has increased £811.18 from the previous year due to the National Minimum Wage increase; and the National Levy cost increasing from £2,583.90 to £5,056.56.
accounts, you will recall that we accrued an expenditure of £47,982.17 for the removal of the Cambridgeshire County Show from our Annual Accounts here. When this is taken aside, the other expenditure for 2024 totalled £13,630.25. With this true value levelled against 2025, our other expenditures has increased by £1,957.74 notably due to increased County Ball costs and a decrease in the value of our investment accounts.
In summary, I am pleased to report, that despite the pressure of increasing costs, the Federation has made a profit of £1,156.15 in this financial year. I would like to take the opportunity to thank:
The Committee of the Cambridgeshire County Show, as if it were not for their hard work, the Federation would simply not be in as healthy a position as these set of accounts show;
And Lucy Mitchell-Dwelly for her efforts this year as County Fundraising Officer.
## Presentation of the Annual Return of Membership
The Annual Return of Membership to NFYFC as at 31[st] August 2025 detailed the following: A 2024/2025 year end County membership figure of:
167 with no Associate members totalling 167 across 5 Clubs.
= an approx. 3% Increase on 2023/2024 membership numbers, excluding Associates.
(Note: 2023/2024 - members aged between 10 and 28 plus 0 associates: total 162)
- of the 167 members aged between 10 and 28:
||71|Junior members|(43%)|
|---|---|---|---|
||54|Intermediate members (32%)||
||42|Senior members|(25%)|
of which:
74 Female (44%) 93 Male (56%)
- and of the total 167 members:
17% were new to YFC.
## **Cambridgeshire Federation of Young Farmers' Clubs**
**Statement of Financial Activities for the year ended 31 August 2025**
|**Income and Expenditure**
**Income**
Affiliation Fees and insurance
Donation received
Ball
Socials/Fundraising
Show
National AGM
Sundry income
Bank interest
Investment income
Increase in value of investment
**Total**
**Direct Charitable Expenditure**
Salaries and NIC
Chairman's honorarium
Travel
Telephone
Insurance
Training
Subscriptions and licences
National costs
County AGM costs
National AGM costs
Eastern Area
Office equipment
Marketing
Child Protection
Sundry expenses
Bank charges
Postage, printing, stationery and
advertising
YFC office expenses
**Total**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Trustees**
**Fund**
**Total**
**2025**
**Total**
**2024**
**£**
**£**
**£**
**£**
**£**
-
-
1,424.12
1,424.12
19,637.10
2,698.53
-
-
2,698.53
629.06
9,601.04
-
-
9,601.04
14,653.17
1,646.82
-
-
1,646.82
2,749.53
22,029.49
-
-
22,029.49
-
-
-
-
-
-
691.67
-
-
691.67
2,750.00
-
-
268.01
268.01
266.88
-
-
3,167.12
3,167.12
2,446.70
-
-
-
-
20,837.81
36,667.55
-
4,859.25
41,526.80
63,970.25
14,624.35
-
-
14,624.35
13,813.17
-
-
-
-
-
-
-
-
-
-
217.34
-
-
217.34
190.37
1,491.30
-
-
1,491.30
1,333.39
1,772.66
-
-
1,772.66
901.17
330.00
-
-
330.00
1,213.50
87.59
-
-
87.59
50.00
5,056.56
-
-
5,056.56
2,583.90
331.17
-
-
331.17
349.78
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
489.19
-
-
489.19
(736.86)
-
-
-
-
-
260.00
-
260.00
329.04
-
-
122.50
122.50
115.75
24,660.16
-
122.50
24,782.66
20,143.21|
|---|---|
1 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
## **Statement of Financial Activities for the year ended 31 August 2025**
|**Income and Expenditure**
**Other Expenditure**
Start up grants
Ball
Socials
Show
Removal of Show bank balance
Audit and accountancy
Decrease in value of investments
**Total**
Total Income b/fwd
Total Expenditure b/fwd
Net (Deficit)/Income for year
Other activities (including website)|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Trustees**
**Fund**
**Total**
**2025**
**Total**
**2024**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
9,987.56
-
-
9,987.56
9,474.30
-
-
-
-
-
-
-
-
2,195.00
-
-
-
47,982.17
3,717.04
-
-
3,717.04
1,310.60
988.16
-
-
988.16
950.35
-
-
895.23
895.23
-
14,692.76
-
895.23
15,587.99
61,912.42
36,667.55
-
4,859.25
41,526.80
63,970.25
(39,352.92)
-
(1,017.73)
(40,370.65)
(82,055.63)
(2,685.37)
-
3,841.52
1,156.15
(18,085.38)|
|---|---|
2 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
## **Statement of Financial Activities for the year ended 31 August 2025**
|**Balances**
Balances b/fwd
**Bank Accounts**
County account
A/c 5476
Investment account
A/c 90210
Show business reserve
Friends account
A/c 4029
**Investments**
COIF income shares
Charishare income shares
**Debtors**
Accounts receivable
Add Unrestricted Receipts
Less Unrestricted Expenditure
And
Add Restricted Receipts
Less Restricted Expenditure
Balances c/fwd
**Bank Accounts**
County account
A/c 5476
Investment account
A/c 90210
Friends account
A/c 4209
**Investments**
COIF income shares
Charishare income shares
**Debtors**
Accounts receivable
Other debtors
**Fund Balances**
Unrestricted
Restricted|41,527
(40,371)
-
-|656
6,905
-
6,485
14,046
48,322
45,503
93,825
10,750
118,621
118,621
1,156
-
1,156
**119,777**
500
19,259
6,000
25,759
46,603
46,326
92,929
44
1,045
**119,777**
114,251
5,526
**119,777**
**£**
**2025**
**£**
**2024**|515
6,629
47,982
6,253
61,379
32,043
40,944
72,987
2,340
136,706
136,706
63,970
(82,056)
(18,085)
-
-
(18,085)
**118,621**
656
6,905
6,485
14,046
48,322
45,503
93,825
10,750
-
**118,621**
113,095
5,526
**118,621**
**£**
**2024**
**£**
**2023**|
|---|---|---|---|
3 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
## **Statement of Financial Activities for the year ended 31 August 2025**
|**Investments**
COIF income shares
Charishare income shares|Value at
01.09.24
Additions at
cost
Disposal
proceeds
Change in
value
Value at
31.08.25
48,322
-
-
(1,719)
46,603
45,503
-
-
823
46,326
**93,825**
**-**
**-**
**(896)**
**92,929**|
|---|---|
*Value of COIF as at 31 August 2025 (2370.07 units @ £19.66 per unit) *Value of Charishare at 31 August 2025 (5861.0765 units @ £7.90 per unit)
## **Summary of assets by funds**
|Investments|**Unrestricted**
**Funds**
**General**
**Trustees**
**£**
**£**
-
92,929|**Unrestricted**
**Funds**
**General**
**Trustees**
**£**
**£**
-
92,929|**Restricted**
**Funds AGM**
**£**
-||**Total**
**£**
92,929|**Total**
**£**
92,929|
|---|---|---|---|---|---|---|
|Cash funds|(81,518)
102,796||5,526||26,804||
|Debtors||-
44|-|||44|
|**Net assets**|(81,518)
195,769||5,526||119,777||
|**Assets retained for the charity's own use:**|||||||
||**Fund to**||||||
||**which asset**||**Current**||||
||**belongs**|**Cost**|**value**||||
|Photocopier|General|-|-||||
|Office fixtures and fittings|General|-|-||||
|Display boards|General|-|-||||
|||||2 x computers, 2 x software|||
|||||&|1 external hard drive||
|Computers|Trustees|1,552|-|Purchased||November 2017|
|Laptop|Trustees|650|-|Purchased||November 2018|
|Outlook software|General|80|-|Purchased||May 2019|
|Digital camera|General|-|-||||
|Shredder|Trustees|199|-||||
|Spaceheater|General|140|-||||
|Printer|General|170|-||||
|Projector|General|340|-||||
4 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
**Statement of Financial Activities for the year ended 31 August 2025**
|**Income and Expenditure**
**Income**
Affiliation Fees and insurance
Donation received
Ball
Socials/Fundraising
Show
National AGM
Sundry income
Bank interest
Investment income
Increase in value of investment
**Total**
**Direct Charitable Expenditure**
Salaries and NIC
Chairman's honorarium
Travel
Telephone
Insurance
Training
Subscriptions and licences
National costs
County AGM costs
National AGM costs
Eastern Area
Office equipment
Marketing
Child Protection
Sundry expenses
Bank charges
Postage, printing, stationery and
advertising
YFC office expenses
**Total**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Trustees**
**Fund**
**Total**
**2025**
**Total**
**2024**
**£**
**£**
**£**
**£**
**£**
-
-
1,424.12
1,424.12
19,637.10
2,698.53
-
-
2,698.53
629.06
9,601.04
-
-
9,601.04
14,653.17
1,646.82
-
-
1,646.82
2,749.53
22,029.49
-
-
22,029.49
-
-
-
-
-
-
691.67
-
-
691.67
2,750.00
-
-
268.01
268.01
266.88
-
-
3,167.12
3,167.12
2,446.70
-
-
-
-
20,837.81
36,667.55
-
4,859.25
41,526.80
63,970.25
14,624.35
-
-
14,624.35
13,813.17
-
-
-
-
-
-
-
-
-
-
217.34
-
-
217.34
190.37
1,491.30
-
-
1,491.30
1,333.39
1,772.66
-
-
1,772.66
901.17
330.00
-
-
330.00
1,213.50
87.59
-
-
87.59
50.00
5,056.56
-
-
5,056.56
2,583.90
331.17
-
-
331.17
349.78
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
489.19
-
-
489.19
(736.86)
-
-
-
-
-
260.00
-
260.00
329.04
-
-
122.50
122.50
115.75
24,660.16
-
122.50
24,782.66
20,143.21|
|---|---|
1 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
## **Statement of Financial Activities for the year ended 31 August 2025**
|**Income and Expenditure**
**Other Expenditure**
Start up grants
Ball
Socials
Show
Removal of Show bank balance
Audit and accountancy
Decrease in value of investments
**Total**
Total Income b/fwd
Total Expenditure b/fwd
Net (Deficit)/Income for year
Other activities (including website)|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Trustees**
**Fund**
**Total**
**2025**
**Total**
**2024**
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
9,987.56
-
-
9,987.56
9,474.30
-
-
-
-
-
-
-
-
2,195.00
-
-
-
47,982.17
3,717.04
-
-
3,717.04
1,310.60
988.16
-
-
988.16
950.35
-
-
895.23
895.23
-
14,692.76
-
895.23
15,587.99
61,912.42
36,667.55
-
4,859.25
41,526.80
63,970.25
(39,352.92)
-
(1,017.73)
(40,370.65)
(82,055.63)
(2,685.37)
-
3,841.52
1,156.15
(18,085.38)|
|---|---|
2 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
## **Statement of Financial Activities for the year ended 31 August 2025**
|**Balances**
Balances b/fwd
**Bank Accounts**
County account
A/c 5476
Investment account
A/c 90210
Show business reserve
Friends account
A/c 4029
**Investments**
COIF income shares
Charishare income shares
**Debtors**
Accounts receivable
Add Unrestricted Receipts
Less Unrestricted Expenditure
And
Add Restricted Receipts
Less Restricted Expenditure
Balances c/fwd
**Bank Accounts**
County account
A/c 5476
Investment account
A/c 90210
Friends account
A/c 4209
**Investments**
COIF income shares
Charishare income shares
**Debtors**
Accounts receivable
Other debtors
**Fund Balances**
Unrestricted
Restricted|41,527
(40,371)
-
-|656
6,905
-
6,485
14,046
48,322
45,503
93,825
10,750
118,621
118,621
1,156
-
1,156
**119,777**
500
19,259
6,000
25,759
46,603
46,326
92,929
44
1,045
**119,777**
114,251
5,526
**119,777**
**£**
**2025**
**£**
**2024**|515
6,629
47,982
6,253
61,379
32,043
40,944
72,987
2,340
136,706
136,706
63,970
(82,056)
(18,085)
-
-
(18,085)
**118,621**
656
6,905
6,485
14,046
48,322
45,503
93,825
10,750
-
**118,621**
113,095
5,526
**118,621**
**£**
**2024**
**£**
**2023**|
|---|---|---|---|
3 of 4
## **Cambridgeshire Federation of Young Farmers' Clubs**
## **Statement of Financial Activities for the year ended 31 August 2025**
|**Investments**
COIF income shares
Charishare income shares|Value at
01.09.24
Additions at
cost
Disposal
proceeds
Change in
value
Value at
31.08.25
48,322
-
-
(1,719)
46,603
45,503
-
-
823
46,326
**93,825**
**-**
**-**
**(896)**
**92,929**|
|---|---|
*Value of COIF as at 31 August 2025 (2370.07 units @ £19.66 per unit) *Value of Charishare at 31 August 2025 (5861.0765 units @ £7.90 per unit)
## **Summary of assets by funds**
|Investments|**Unrestricted**
**Funds**
**General**
**Trustees**
**£**
**£**
-
92,929|**Unrestricted**
**Funds**
**General**
**Trustees**
**£**
**£**
-
92,929|**Restricted**
**Funds AGM**
**£**
-||**Total**
**£**
92,929|**Total**
**£**
92,929|
|---|---|---|---|---|---|---|
|Cash funds|(81,518)
102,796||5,526||26,804||
|Debtors||-
44|-|||44|
|**Net assets**|(81,518)
195,769||5,526||119,777||
|**Assets retained for the charity's own use:**|||||||
||**Fund to**||||||
||**which asset**||**Current**||||
||**belongs**|**Cost**|**value**||||
|Photocopier|General|-|-||||
|Office fixtures and fittings|General|-|-||||
|Display boards|General|-|-||||
|||||2 x computers, 2 x software|||
|||||&|1 external hard drive||
|Computers|Trustees|1,552|-|Purchased||November 2017|
|Laptop|Trustees|650|-|Purchased||November 2018|
|Outlook software|General|80|-|Purchased||May 2019|
|Digital camera|General|-|-||||
|Shredder|Trustees|199|-||||
|Spaceheater|General|140|-||||
|Printer|General|170|-||||
|Projector|General|340|-||||
4 of 4