Trustees’ Annual Report for the period
From 01/01/24 Period start date To 31/12/24 Period end date
Charity name: The Manifold Valley Agricultural Society.
Charity registration number: 1041032
Objectives and Activities
| Objectives and Activities | Objectives and Activities | Objectives and Activities |
|---|---|---|
| SORP reference | ||
| Summary of the purposes of the charity as set out in its governing document Para 1.17 General charitable purposes including Education, Training and Community development |
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| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and 1.19 Sponsorship of educational Bursary. Establishment of ecological education in local primary schools. Involvement with local youth groups. |
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| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Annual discussion in Committee confirming guidance issued on public benefit. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | SORP reference | SORP reference |
|---|---|---|
| Policy on grant making Para 1.38 Bursary judged by sub-committee and ratified by full body of Trustees. Grants to Schools on a match funding basis. Max 50% |
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| Policy on social investment including program related investment Para 1.38 Involvement of local organisations in show event and support of local schools and groups. |
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| Contribution made by volunteers Para 1.38 All work voluntary with support from Scouts, Air Cadets and village committee. |
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| Other |
Achievements and Performance
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SORP reference
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| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| SORP reference | ||
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Grants to three schools for ecological projects. Support to two village hall committees. Grant to Warslow School for establishment of wild garden. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | All met with expansion of activity with local schools. |
| Performance of fundraising activities against objectives set |
Para 1.41 | A year off from Bursary grants to individuals. |
| Investment performance against objectives |
Para 1.41 | Better returns from Savings account. |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Very good bearing in mind bad weather on Show day this year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Sufficient reserves held for two years expenses, replacement of show equipment and site maintenance. |
| Amount of reserves held | Para 1.22 | £50,000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional) You may choose to include further statements where relevant about:
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Annual Agricultural Show. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Investment in TSB Treasurers account. |
| A description of the principal risks facing the charity |
Para 1.46 | More than two years bad weather leading to loss on show receipts. |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
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|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution. |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Association. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Election from membership of Society. |
Additional information (optional) You may choose to include further statements where relevant about:
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Explanation of Duties of trustees and inclusion in policy reviews. |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Seven Trustees including President, Chairman, and Treasurer of the Society. |
| Relationship with any related parties |
Para 1.51 | Members of and responsible to Society committee. |
| Other |
Reference and Administrative details
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Charity name Manifold Valley Agricultural Society.
Other name the charity uses
Registered charity number 1041032
Charity’s principal address 109, Ladderedge,
Leek,
Staffs
ST13 7AG
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Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Caroline Gill
2 Nik Searston Chairman
3 David Gill
4 Ellen Bury
Margaret Elizabeth Treasurer
5
Andrews
Mark Andrew
6
Simcock
Andrew Heaton
7
Carr
Gordon Bruce
8
Daniel
9 Martin Gill President
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved
Director name
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Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
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Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
|
|---|---|
| Gordon Bruce Daniel Margaret Elizabeth Andrews |
|
Trustee Treasurer |
|
| 05/02/2025 | |
| 05/02/2025 |
| Income. | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Sponsorship | 500 | 40 | 260 | 100 |
| Donations | 300 | 200 | ||
| Membership | 1748 | 1260 | 1 105 | 1000 |
| Entry Fees | 1441 | 1258 | 661 | 1141 |
| Gate | 22957 | 19915 | 13051 | 18316 |
| Trade Stands | 3505 | 3975 | 4980 | 2557 |
| Food & Bar | 950 | 855 | 1180 | 760 |
| Bank Interest | 666 | 20 | 149 | 439 |
| Miscellaneous | ||||
| Total | 31856 | 27403 | 21586 | 24313 |
| Expenditure 2024 Website 939 Insurance 1712 Rosettes/Badges 1157 Printing/ Stamps . 400 Signs 255 Prize Money 1187 Field Rent 2500 First Aid 1350 Parking 120 Jumps Public Address 948 Skip Hire 450 Toilets 2988 Marquees 5808 Catering . 1101 Displays 600 Site Expenses 650 Licences/Subscriptions 227 Judges 150 Miscellaneous. 39 Sub-Total 22581 Bursary/Donations 1200 Total 23781 |
2023 3000 1760 1047 442 1211 2500 1183 300 120 790 450 2988 5822 894 575 400 240 20 80 |
2022 2021 1760 1760 907 993 842 550 1146 1195 2500 2000 1257 945 450 300 324 773 719 432 414 2988 1680 5410 4905 1197 756 775 600 676 160 110 590 80 21,597 17,815 2450 300 24,047 18,115 |
|---|---|---|
| 21504 24504 |
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Soctlon A Indgpgndent Examlner's Report Report to tho trustoes Mantfold V8lley Agricultur81 Soclely On a¢counts forthe yoar endod 31•1 December 2024 Chartty no (If any) 1041032 Set out on pag¢8 I report to the trustoes on my tsx8mlnalion of tho g¢counts of th& atove charity ('th8 Trust") for the year ende(13111212024. Responsibllltlos and basis of r•port As the charity's trustees. you are r•sponsibl8 for th8 preparation of the accounts in aGcordance with the requirements of tha Charilieg Act 2011 ("the Act.). I report in respect of my examination of the Tru$t'$ accounts catrièd out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) ol the Acl. Independent I have completed my examination. I confirm that no m8terlal matterg hgve gxaminer's gtatsment come to my attention In connection with the examination which giv8¥ me cause to bglleve that In, ony material resp6¢t: the accounting records were not kepl in 8rdance wilh sedion 130 of the Chanties A¢t; or the accounts did nol 8¢tOrd wlth the 8¢counling record$; or the accounts did nol comply with the appll¢able requirements ¢oncerning the form and content of accounts set out in the Chan'ties (Accounts and Reports) Regulations 2008 other than 9ny requirement that the accouhts give a 'true 8nd fairf view which (s not a m8tt8r Gonsidered as part of an Independenl examination. I have no concems and have come across no olher matters in conneetio With the examination to whi¢h attention should be drawn in this rgport in order lo enable a proper understanding of the 8co)unts to be r6aehed. Dats; 0210412025 Name: Angela Woodw8rd Relevant profes8lonal quallfl¢atlon{8) or btsdy Ilf any): Ch8rtored Accountant Address: Greentree Farm Leek Slaff¢rdshire, ST13 8PN IER Oct 2018