REGISTERED COMPANY NUMBER: 03157989 IEnglJnd •nd Wal••} REGISTERED CHARrtY NUMBER: 1056868 Reportoffv TnrntsoB and Flnandal Slatem•nts forth• Year Ended 31 Octobor2023 The Garstang Ditrfct A9rf¢Jral and Hortlwllural S(l•ty Llmlt•d Towers + GOrna Ltd Ch3rtwed cerbri Ac£ounlgnts River v 96 High Str*1 Garstsng Lanc&shir8 PR31WZ
The Garstang and District Agricultural and Hortlcultural Soclety Llmlted Conlents of the Flnan¢lal Slatements for the Year Ended 31 October 2023 Reportofthe Trustee• 1 to 2 Ind•pgndont Ex4mlnof• Rewl Statemtrrtof Flnanclal Acthiltle• Balanc• Shg•t Nrkns to the Flnanclal Stat•ments to 10 D•tsihd Statsmntof Flmnclal Actlthe• 11 to 12
The Garstang and Distrfct Agrlcultural and Horticultural Society Llmiled Report of the Trustees ft)r tho Ygar Ended 31 Octobfrr 2023 The ¢DJS wh) a dire(lors of the tharfty for the puseS cd the Cornp8nies Ai 2Crf)6. present ther rwrt W1h the fnandal statements of the for tho year ended 31 October 2023. The trustees adopt1 th¢ PrOskxts cl Accounlhig and Reporting by Charities.. Ststement of RMrnended Practice applic)le lo thaiitses preparing thelr 8c£tyJnts in aCrd8n wilh lh8 FarK¥a1 Rep)rting StYJard appllcJl• kn th• UK and RepUl1C of Ireland IFRS 102} leffectNe 1 January 20191. 0ECTIVEs AND ACTMTIES ObJ•Gtlv•8 and alms The (Ump185. principal obiethe& 8$ set oul In the Momorandum ofAsClaI0n ar- To promote enoyjwe the causes 81rr¢ of •Jrf¢uNurg. h)ttruMufg, forgstry for the putrdk b8nfrfil to imFrne and them in all tsr brand and in all tth. ¢r #nd prDfsssh)ns u)nnedeJJ vlth th&n. The princapd aCtity undertaken to hloVe thè at(Jve obleUive8 18 th& ory8nLs8tion ard arr8rwHrt of thè G8r8tar¥J DistrhXAnNal Agrfcuttural Show. ACHIEVEMENT AND PERFORMANCE In Ihè opinion of th8 Truste8s, thè charfty has pthrM as well as tt coukl. The sh)w w8s hold, as usual. August aThJ wés severely fed by Ihe weathw. The rJU tumover resulted in a rJs,755 d8fi¢iL o)mp8red to ¥ $urplus of£28.651 In 2022. FINANCIAL REVIEW Flnancl81 poOn Thg Staiement of Financ4 Actmles a n d•ftst for ts yoar of £35.755 and our le6w$ stsnd at £169,128 In totsl. Ch reser¥¢8 8tsThJ at£66,272. kn1••tm polley and obl•ctlTAS Under the memorandum and artldes of 88sofAalion, the has the to make Y Inve5trI vknich the tru51ees see fft. The ¢wstee8 fegl at thls time Ihal thg funds arg nged8d to run tho yearfs show and of rthw pital investment isfound to be satislartory at thi% lime. R•$91 pollty The pres&)t of lundlrvJ Is &Iale to supporl the sh¢w/5 fulwe in thg medium terrn the In conswjer the fknandal pc6Mon olthe chaityto b& satisfactory. FUTIJIE PLANS Th8 Iru5te85 continuo tr) taka Xbons to sn9th the fin8n(id Wè h)p• to al1rl nKJr8 rtd8rt to the annual sfv)w by contlnulng to bulld on the supwrt of the local TnUnIty * inuea5irvJ thè AW8rÉnèss of th• gan•ral putllo lurther aftdd. The committee hcyeful for better we8lheT and finanad resutt to 31st Odolw 2024. STRUCTURE. GOVERNANCE AND NAGEMENT Gov•mlng docum•nt The charity is ¢>JntrolW by its gov8ming documont, a dE8d of trus( a)d a limited cOmpy. limited by guwantee, 83 definttd by Comp&)1&8 Act The tharity i8 eablishgd as a o)mpany Ilrnited by guafante&, and not having share capltal. wder the cornpleS Act 2. Theoperation ofth&o)mp8ny is grned by the m)radUm and Artides of ASS¥at)n. All dlre(aor6 of the cxThp8ny are 8150 lftEst8as of th8 chaty, and thor8 no other truste8s. 1 of the trusioes named on pwJe 1 served throhOut the year. The L)art has th pw to appoint addthnal trustees as it considers frt to REFERENCE AND ADMIMSTRATPIE DETAIL8 R•gl$iered Company number 03157989 (England an¢J W91881 R•gis¢¢rgd Ch*lty numb•r 1056868
The Garstang and Dlstrlct Agricultural and Horticultural Society Limited Report of the Trustegs for thè Year Ended 31 Oclober 2023 R•o18t•rnd offle• CIO Tower¥ + Gomall Lld Rlv8rView. Street Garstg Preston Lanc¥shir8 PR3 1WZ Mr MJ BrfyJs Iran8d 27.33) Mrs EA EasittyJd Mr D Fowfar Mrs AJ Glbson Mr PR Halh8ad Dirwkn lappoint8d 27.3.2W23) RL M8tcaW IT85n8d 27.3.2023) Mr A FkJklÈts (re5fted 28.3.2024} SD Hull {8pkW)inI 28.3.20241 MrKfRLg9 Mr5 P Miller Igned 28.3.20241 Mr WH Myer8cough Mr HE SalistrAJry larwinw 28.32024} Mrs H L SrnNh MrAWWilding Mr MS Winstsnley Mrs EAWoodhcwe Miss L R Smith (ap[Inted 27.3.20231 Mr J FeT lappolntgj 27.3.2W231 Miss L frbJlId {aFpointed 28.3.21r24} Mrs G llingt(Mi Independent ExaTrlntr Ch]oe 88rdsley Towers + &)mall Lld Charter8d Cerlifi&J A¢Unt9 96 HKJh Stre•t Gatstang Prnston Lanca5htre PR3 ly Approved by orderofthe t*)ard of bwte88 on 14 JU 2tr24 and $wJnwJ on its b8half by: rs H L Smtth- TnJslo8 P&)è 2
Ind•pondent ExamlneVs Report to the Trustses of The Garstang and District Agricuhural and H¢Jrticultural Society Limitsd Ind¢Pdon1 •xamlMes r•port to th• tNsts•s of Th• Gar8tan9 and Dlstrl¢t AgrfCur¥l ¥nd TrlorllcuIral Sodety Llmlled (Yhe Compan) I rgPQrtto ihe tharity tNste86 on my examlnatbn of the a)Unts of the Company f¢rthtryear wdod 31 Odob9r2023. R9•porlbIllllO¥ and of report As the chanty's trustees ofthe CA)mpany land also Its t1irecaors for purposes of company law} you are wrowiblg br the pwarati)n ofth8 (y)unts in accordance wth the r8quirements ofthe G)mpanies Aca 20[ Ilhe 2006Acll. Har0 satisw myadf that thè 8cc<)unts of th8 Company arè not raqulred to be audited undw Part 16 01 the 2CI)6 Act are eligible for indgp9n(19nt gxomiTr#tvJn, I rgpgrt in r85P8d of My examination of your charivs aOunts as carfed rt under Section 145 of Ihe Charib'&s Ad 2011 Vhe 2011 Acri. In rarrylrtg out my examination I have fojhjwed the Dir8dK)ns gwen by the Charity COMSS)n under stK)n 145(51 Iblol th8 2011 Ad. Ind•p•nd•nt •xamlnorf8 St¥t8rnent I have o)mpletgJ my exan81. I confirm that Th) matters Lvmp to rny attw1ton In vAth Ihe minatKJn gfviTh) me cause lo bdlev& iuntiro rrdS we rt kety In respect ofthe cpanY as wulred by Seclon 386 oflhe 2(KArt. or the acctjurts do Th)t acrAydwilh ItrKJse reCdS,. or tho aLu¥Jnts th) not ctsmpty wlth the unt[j reqrements of s)n of the 2006 Art olher than any r9]uirnent that Ihe give a Irue and foir whth Is not o matter as PWt of independent examinatKJn.' or thg ao(x)unts have not be8n prepared In vlth th8 rn8tlThJs and princlples 01 th8 Ststement cl Recommended Prathce for accI)Lting repoitiry by d)arities lapplicable to charfues preparing lhr a¢o)unts In &xd8n( the Fin8n(ial Reportin9 Stsnd8r(18ppli¢ab19 In Ihg UK and Republlc of Ireland IFRS 10211. I have ro rKern$ and have cowne acros3 no othw rn8tter3 In cnntIon wbth th8 ex8minat to att9ntion skjuld te drawn in this rewjrt in thrt0 enable a understsndir¥J of the acujunls to be Teach. Ch1 Bordsloy Ttyvers + Gomall Ltd Ch8rtered CertiTh8d Acix>unt8nts RNerVIthv HvJh Stre G8rstang PTrsti)n Lancashlre PR3 1WZ 14June 224 P¥J8 3
The Garstang and District Agricuftural and Horticultural Society Limited Statsmenl of Flnanclal Actlvltles for the Year Ended 31 October 2023 2023 Unrestridad fvnij 2022 Totsl fvnth INCOME AND ENDOWMEMTS FROM Dona1K$and IwJ4oe8 9224 7.832 Oih8rtr8ding ac*v4ties Investment Inwme 113,439 4.513 158,572 127,176 171.5 EXPENDITURE ON Raslng funds 162,931 5.024 Oher 138,229 T¢)tsl 182,931 143.253 NEf INCOIl£xpENDITUR£ (35,755} 28.651 RECONCIUATION OF FUNDS Totsl funds brougm ftxwwd 176.232 TOTAL FUNDS CARRIED FORWARD 169,128 Th$ rotesfomi oflhosfj ffinarwial statoments Pagg 4
The Garstang and Dlstrfct Agricultural and Hortlcultural Soclety Llmited Balance Sheet 31 October 2023 2023 Unre6trithd fund 2022 Ttrtal fund FIXED ASSETS T¥nglbl& 0s$9ts 1Q8,811 107,W3 CURRENT ASSETS Debtors C8sh at bank 839 66.272 1.424 100,731 67.111 102,1S5 CREDITORS Amounts f11rj With one yèar {6.7941 15.075) NET CURREMT ASSETS ,317 97,0 TOTAL ASSETS LESS CURRE1 UABIUTIES 169.128 NEf ASSErs 169.128 FUNDS Unr85trf(ad fiJnd$ 10 169.128 TOTAL FUNDS 169,128 The ch8r5tst4e cxynpany is to gX8nytlon from 8udtt un¢J8r Seclcfi 477 01 the rmpanio5 Art 2Q)6 fer thè year ended 310(aober 2023. The m&nbeTs have mt wuired tho to obtsh) an ajdit of Ns finanda StatS ts the ye ded 31 OL#ob8r2U23 in accorda vthh Secon 476 ofth8 Conyans Aet 2CKA. Thelrustees AcknrJ•A&Jge theIrlts1lit for {a) surirKJ that the tharftable compwy keeps aCcnting rwx>rd5 Ihat comFty wlh S•dons 3e6 and 387 of Ihe Campanles Act 20(6 and prèparing financial statements vthich give 8 true fBir view ol thè state ol atsrs of the o)aritsble cx)mpary as at Iha and each finandd year and of Its suryAus or defi(xt for gach financial year in accordan ¥Mth the requirements of Stk)ns YJ4 and 395 and wthich othenyise cornply with the requir8m8nts of the Companles Act 2r relating to finanoal slments, sofar a$ ap1¢¥ble to the tharilablè mp8nY. Ibl These fn8neid statamants have been wepared in xcordanc6 prmons applAb to chaltae companf8S sut4oCt to the Small (*)Mpan wdime. The flnanrial stat8rnEnts were approved by the Pth8rd cl Trustees aut38 for i98u• on 14 Jun& 2024 wwe signed on its behalf by.. H L Smith- Mrms Wtaft. Trustee The notes fomi part oflhg$8 finar¥ial statwnents Pa99 5
The Garstang and Dlstrlct Agrlcultural and Horticultural Society Limited Notos to the Financial Statoments for the Year Ended 31 Octobor 2023 ACCOUNTING POUCIES Ba818 01 prnparlng th• finandal 8101ornents The finanua statements of Ihe ch#ble tx)rrpany, which is a wblic b)efil entty under FRS 102. have been pr8parèd In wlth thè Chaiib&% SORP IFRS 1021 A(x¥)urtirrtJ and Reportlro by Charibes.. Statement of Re(x)mrnend8d Pr8cbc8 appkcabfe to chaiTti85 preparirvJ Ih8ir acwunts in ac£(wdarte vath the Finandal R•porting Stand¥rd appjicabk in thè LK and Republic of IreL•nd (FRS 1021 leffthe 1 January 2019y. nandal Reporting Standard 102 Fin8nrJal Standard appl& in Ihe UK and R8pubnc of Ireknd. end the Companw Aci 2C(6. finanryal ststem8nts havg prepared under the htOrical cnst ()nventlon. Incom• All InoTh L8 rwnlwl Statement of nandal ActiVe5 onr th8 eh8rlty has entrfefflt to th8 fund$, 6t pmbable that Ihe incon wll be r1ved and the amot can be measured rlay. Expondlthre Lialit are rwnised as expenditure as SO as there 16 a lryal or constsudve obllgatlon mrnrnriting tha tharity to that expenditu, it is probable that a transfer of e(#)rKJmic benefits will b8 rwjuired in seiuemant and tho amount of lh8 oblKJalh)n can be measured relialAy. Expenditure 1$ a¢Unted lor on acc¥ua15 basis and hes been daSS[ under h88ty that gr8)81e al cost rdated to the rAte)ry. Where (x)sts canmt b9 dlredy attrlbuted lo parLr headlTrJs they have alocated to tlti8B on a b85is wn$thnt wth Ihg IK8è of resources. Tanglbl• Ilx•d a8801• Depreaabon 6s provvjed at the wnual re8 In oyder to wrfte off eac asset over its è6thmated u8dul Taxallon The eharlty Is exp1frc¥n corpxatKintsxon rts Chtle Fund aKountlng Unraslricled funds b& used In 1rdanc8 the ehat*o ot4e(l attho dWetkJn of the tnth. Rastrid funds can only ba us•J for parbojlar restro purposes thIn ts Obj of the ¢hwity. RestrKbor ari58wh•n by dOr cy v4h8n funds aro faLs&J for pj18r reStrIct purposeB. Furthoroxplanatlon ofthe naturn purpos• cloxh fvThJ is kndud8d In th8 notes to the finandal 8tstem8nts. oTheR TrADING AcnvrriES 21r23 2022 rick8t sales and gata Trade spAee and fcrfjd trAII ¢Jhgr inL¥)mg Slbjw boll andlundrnL8lrKJ 57.181 51.951 111.412 44.831 557 4.307 113.439 158.572 Pag9 6 o)nUnu8d...
The Garstang and Dlstrict Agricultural and Horticultural Society Limited NotOS to th• Financial Statements - continuod for the Year Ended 31 October 2023 INVESThIEKf IMCOME 2023 GrnzrvJ Trt Depodt arAX)unt Iniemst Rur81 Payménts Agenty ENronment Agen 2,0 2.000 61 1,939 1,500 4.513 5,500 NEf INCOMWIEXPENDrruREI Not Incom8llexpandturg1 Is stat8d aftor chargi@(ueditingl.' 2023 2022 452 274 TRUSTEES. REMUNERATION AIKJ BENEHTS There wer& no trustees, TemuraOn or cther banth for end 31 Ortotr 2023 for the ye ded 31 (kner 2U22. Trusiees. expense• There were ro trusw, expenses kjr Ihe year ded 31 October 223 rrf)r for the year endwj 31 Cktober 2022. COMPARATIVES FOR THE STATEMENT OF FINA14CIALACTMTIES Unr8stridJ fund INCOME AND ENDOWMENTS FROM DalnS and legac4es 7.832 oth&tr1Thp knvestrrtant tti(X) 158.572 5.5C#J EXPENDITURE 014 R*siwJ funds 5.024 Other 138.229 143.253 NET IMCOME 28,651 RECONCILIATION OF FUNDS TrA81 futvts broughllwa 176.232 TOTAL FUNDS CARRIED FORWARD Page 7 nnued...
The Garstang and District Agricultural and Horticuliural Society Limitod Notés lo the Flnanclal Statements - conlinu for the Year Ended 31 October 2023 TANGIBLE FIXED A8SETS Freehold Shcw oqulpment Totals At 1 November 21)22 Addttbns 1Cffj.251 4,216 110.467 At 310(ber2023 IC.251 5,676 111,927 DEPRECIATION At 1 November 2022 Charge h)ryear 452 452 At 31 0(ober 2023 3,116 3.116 NET BOOK VALUE At 31 Odober 2023 1C6,251 108.811 At 31 October 2022 1.251 lo7.13 DEBTORS: AMOUNTS FAWNG OUE YH1N ONE YEAR 21r23 2022 Tmde detiors 1.424 CREDrroRS: AMOUNTS FALL114G DUE WITHIN (k•E YEAR 2022 Tr&Je I>It0 lJher crdttors 3.975 1.1rx) 1,1LK) 6,794 5.075 10. MOVEME1 IN FUNDS Net )¥ent in funds At 1.11.22 Al 31.1023 UnY•9b1¢t fvnds fvnd 1&5.755) 169,128 TOTAL FUNDS 204,883 135.755) 169.128 Net movemeTIt in fvnd& indudod in th¢ 8bov• 8r• asfolbwB'. IncorniThJ Resources mOvnent gxpand•J in funds Unr••trlct•d fund• General fun 127.176 162,931) (35,7551 TOTAL FUND5 127,176 162.931) {35,7551 P8ge 8
The Garstang and Dlstrlct Agricultural and Horticultural Society Limited Notes to the Financial Statsments - continued for the Year Ended 31 Octobor 2023 io. MoVEmEP IN FUNDS- conlinu• Conwratl¥o¥for nM>¥gmnt In fund• Net movernent in fvwxl At 1.11.21 At 31.10.22 Unre8lrfct•d fvnds General fvnd 176.232 28,851 TOTAL FUNDS 176,232 28,&51 204.883 mparthe net movemenl in funds, Indu in the above arB as foknvs: IncJ)rntr Rewurco5 K*Jvement fvnds Unr••irfct•d lund• fvnd 171,9)4 1143,2531 28.651 TOTAL FUNDS 171.4 1143.253} 28.&51 A CLNrartyew 12 monttrts pri)rr 12 months fJJnblwJ is osf0lb). Nel rrKwernEnt fvnd8 At 1.11.21 31.10.23 Unr•8blcl•d funds General fund 176.232 17.104) 169.128 TOTAL FUNDS 176,232 17.104) 169,128 A Currant ygar 12 rmnlhs prfor year 12 ffonths combSned net mgvgmont kn fvnds, indudad in Ihg abow are as follm: lThxmlTrJ resources Resoyr¢es Movement expgnd8d in fund5 Unr••tsl¢led funds Gwwal lund 299.0 I,184} 17.104} TOTAL FUNDS 299.080 1306,184) 17,1041 Page 9
The Garstang and District Agricultural and Hortlcultural Society Llmlted Notes lo the Flnanclal Statements- contlnued for the Year Ended 31 October 2023 11. RELATEO PARTY DISCLOSURES Therewere no relaied party Irans&Uons forthe ygw endgj 31 Ctknbw 2U23. Page 10
The Garstang and District Agricultural and Hortlcultural Society Limited D•tall•d Statom•nt of Flnanclal Acllvltl for the Year Ended 31 October 2023 2023 2022 INCO1 AND ENDOWMEMTS Oonatlon8 and legac# Sponsorship and dOnaOn$ Membw5hlp 5.252 3.175 9,224 l)th•rtradlng actMII•s Ti(et sales 8nd gate Trad8 Sp focé hdl Other income sh ball aThJ fundraising 57.181 51.951 111.412 44,&31 557 4.307 113.439 158.572 Investment Income Gr8zing rent 2,00) Rur81 P8ym8nts Agenty Envlronmenl Aggrcy 4.513 Totsl Incomlng re¥ourcos 127,176 171.9)4 EXPENDtWRE R•lsSng donation¥ wd1gga¢l•• Other sh(vfidd expwtses 11.051 5.024 pport costs Manag•brAnt Water Insuran¢4 Light and ha Teleph)r Postage aTrJ *8tk)ngry Adverbsing Sundries prtnting and phOtwwj Booklry Systern 145 3.632 4,025 422 1,284 812 8.155 2,330 7.829 2.070 4,7C6 2,5S) 25.797 21,703 Flnanc• Ent8rtainm&)t fees Pr6z8 fineY Car parkthg and gate 8tsff 9,221 14,544 17.711 2.8C 3.1CIJ 1.273 2.4> 3.378 39.719 Trophy enThj First R05eltes Carrithl lorward 1.1 2.145 2.7 33.641 This page does notfcmi part ofthg stabjtory financial 5tsternts Pagè11
The Garstang and Distrfct Agricullural and Horticultural Society Limited Dotalled Statemfrnt of Flnanclal Actlvltles for thfr Y•ar Endod 31 October 2023 2023 2022 Flnan Brht forward 39,719 3,342 452 33,641 19&) 274 Depr?ats"on clta1glbfixad 9589ts 43,513 37,845 Inform8Von t¢chb)olopy Sit6 Man$mant Catedng Heallh and s Toilats arqutÈs PA 5yslem Barriers Répair5 and rwthvals B8nk tharges 14.819 6.173 1,280 4.908 28,821 4,752 7.009 13,035 7C 29.039 4.752 6.146 2,275 715 679 61370 e6,681 Hurnan rewuru9 $talIa1 faas 13.2(KJ I2,() Total rU¥C¥s ewded 162.931 143,253 Net {exp•ndlmyln¢0rn• 135,7551 28.651 does notfomi rt ofts¥tutory ffiandal staements p12
Vlrtual Cabinet Portal Dlgital Slgnatures Dlgltal Slgnature Vgrlficatlon You can verify th this is a genuine Virtual Cabinèt txument Portal si9ned UMent by uplo&Jing it to Ihè folk)wng s8Cu web p&3e'. httpsJlwww.wtiJalcabinetwrt4.wmNenfySignedDocumenl Signature Dates and Times All dates and times shoo4n In the signaluS below are 8xpre5s8d in Coordinatod Llnlvsrsal Time IUTCI. whlch Is gongrally equival8nt to GMT. You can fiiid oul more about UTC ai thè folbwng web page". http.'IIMw4.VtibJalcabin¢tportal.eomlWhaiisUTC Signaturo 1 Signed by H*n Smilh using authenlicelth c4yJ¢ VJZHJFpRJk9hJHEv al IP8ddress 82.1J2.239.117, on 2024106114 15'.52..18 L en Smith's &nwl addres8 Is.. hden.l.smi1h@TrIrnai1.rn.