REGISTERED COMPANY NUMBER: 03157989 (England and Wales) REGISTERED CHARITY NUMBER: 1056868 Report of the Trustees and Financial Statements for the Year Ended 31st October 2025 for The Garstang and District Agricultural and Horticultural Society Limited Towers + Gornall Ltd Chartered Certified Accountants River View 96 High Street Garstang Preston Lancashire PR3 1WZ The Garstang and District Agricultural and Horticultural Society Limited : ## Contents of the Financial Statements for the Year Ended 31st October 2025 **----- Start of picture text -----**
Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Baiance Sheet 5 to 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12 to 13
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## The Garstang and District Agricultural and Horticultural Society Limited Report of the Trustees for the Year Ended 31st October 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st October 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## OBJECTIVES AND ACTIVITIES ## Objectives and aims The companies' principal objectives, as set out in the Memorandum of Association are:- To promote and encourage the causes and aims of agriculture, horticulture, forestry and industry for the public benefit and to improve and advance them in all their branches and in all trades, crafts and professions connected with them. The principal activity undertaken to achieve the above objectives is the organisation and arrangement of the Garstang and District Annual Agricultural Show. ## ACHIEVEMENTS AND PERFORMANCE In the opinion of the Trustees, the charity has performed well. The show was held, as usual, early in August and was very lucky with the weather. The turnover was up over £35,000 on the previous year and resulted in a £44,972 surplus, compared to last year's surplus of £13,417. ## FINANCIAL REVIEW ## Financial position The Statement of Financial Activities shows a net surplus for the year of £44,972 and our reserves stand at £228,341 in total. Cash reserves stand at £82,396. ## Investment policy and objectives Under the memorandum and articles of association, the charity has the power to make any investment which the trustees see fit. The trustees feel at this time that the funds are needed to run the following year's show and the lack of further capital investment is found to be satisfactory at this time. ## Reserves policy The present level of funding is adequate to support the show's future in the medium term and the trustees consider the financial position of the charity to be satisfactory. ## FUTURE PLANS The trustees continue to take actions to strengthen the Society's financial position. We hope to attract more attendances to the annual show by continuing to build on the support of the local community and increasing the awareness of the general public further afield. The committee is hopeful for better weather and financial result to 31st October 2026. ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The charity is established as a company limited by guarantee, and not having share capital, under the Companies Act 2006. The operation of the company is governed by the Memorandum and Articles of Association. All directors of the company are also trustees of the charity, and there are no other trustees. All of the trustees named on page 1 served throughout the year. The board has the power to appoint additional trustees as it considers fit to do so. ## REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03157989 (England and Wales) Registered Charity number 1056868 Page 1 The Garstang and District Agricultural and Horticultural Society Limited . ## Report of the Trustees for the Year Ended 31st October 2025 Registered office C/O Towers + Gornall Ltd River View, 96 High Street Garstang Preston Lancashire PR3 1WZ Trustees Mrs EA Eastwood Mr D W Fowler (resigned 26/3/25) Mrs AJ Gibson Mr PR Halhead Director Miss SD Hull Trustee Mr KTR Lee Mrs P Miller Trustee (appointed 26/3/25) Mr WH Myerscough (resigned 26/3/25) Mr HE Salisbury Trustee Mrs HL Smith Mr AW Wilding (resigned 26/3/25) Mr MS Winstanley (resigned 5/6/25) Mrs EA Woodhouse Miss L R Smith Mr J R Fowler Miss L Holland Trustee Mrs C A Helm Trustee (appointed 26/3/25) Mr A Holden Trustee (appointed 26/3/25) Company Secretary Mrs G Billington Independent Examiner Mick Gornall Towers + Gornall Ltd Chartered Certified Accountants River View 96 High Street Garstang Preston Lancashire PR3 1WZ Approved by order of the board of trustees on 20th February 2026 and signed on its behalf by: Mrs H L Smith - Trustee Page 2 Independent Examiner's Report to the Trustees of The Garstang and District Agricultural ‘ and Horticultural Society Limited Independent examiner's report to the trustees of The Garstang and District Agricultural and Horticultural Society Limited (‘the Company’) | report to the charity trustees on my examination of the accounts of the Company for the year ended 31st October 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## Independent examiner's statement | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving 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)). | 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 to be reached. ## Mick Gornall Towers + Gornall Ltd Chartered Certified Accountants River View 96 High Street Garstang Preston Lancashire PR3 1WZ 20th February 2026 Page 3 The Garstang and District Agricultural and Horticultural Society Limited . ## Statement of Financial Activities for the Year Ended 31st October 2025 |||2025|2024| |---|---|---|---| |||Unrestricted
fund|Total
funds| ||Notes|£|£| |INCOMEAND ENDOWMENTS FROM|||| |Donations and legacies||31,308|16,954| |Othertrading activities|2|174,965|153,784| |Investment income|3|4,353|4,337| |Total||210,626|175,075| |EXPENDITURE ON|||| |Raising funds||165,654|161,658| |Netgains on investments||-|824| |NETINCOME||44,972|14,241| |RECONCILIATION OF FUNDS|||| |Total funds broughtforward||183,369|169,128| |TOTALFUNDSCARRIEDFORWARD||228,341|183,369| The notes form part of these financial statements Page 4 The Garstang and District Agricultural and Horticultural Society Limited ## Balance Sheet 31st October 2025 |||2025|2024| |---|---|---|---| |||Unrestricted
fund|Total
funds| ||Notes|£|£| |FIXED ASSETS|||| |Tangible assets|7|315,182|108,427| |CURRENTASSETS|||| |Debtors
Cash at bank|8|-
82,396|72
79,478| |||82,396|79,550| |CREDITORS|||| |Amounts falling due within one year|9|(9,730)|(4,608)| |NETCURRENTASSETS||72,666|74,942| |TOTALASSETS LESS CURRENT LIABILITIES||387,848|183,369| |CREDITORS|||| |Amounts falling due after more than one year|10|(159,507)|-| |NETASSETS||228,341|183,369| |FUNDS|12||| |Unrestricted funds||228,341|183,369| |TOTALFUNDS||228,341|183,369| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 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) preparing financial statements which givea true and fair view of the state of affairs of the charitable company as at 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 statements, so far as applicable to the charitable company. The notes form part of these financial statements Page 5 continued... The Garstang and District Agricultural and Horticultural Society Limited ' ## Balance Sheet - continued 31st October 2025 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 20th February 2026 and were signed on its behalf by: Mrs H L Smith - Trustee Miss L R Smith - Trustee The notes form part of these financial statements Page 6 The Garstang and District Agricultural and Horticultural Society Limited Notes to the Financial Statements for the Year Ended 31st October 2025 ## 1. 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 (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 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 charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to 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 to particular headings they have been allocated to activities on 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. ## Show equipment - 15% on reducing balance ## 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. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise 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. ## OTHER TRADING ACTIVITIES |||2025|2024| |---|---|---|---| |||£|£| |Entry|fees|422,907|102,447| |Trade|space and food hall|45,490|43,612| |Show|ball and fundraising|6,568|7,725| |||174,965|153,784| Page 7 continued... The Garstang and District Agricultural and Horticultural Society Limited ’ ## Notes to the Financial Statements - continued for the Year Ended 31st October 2025 ## 3. INVESTMENT INCOME **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Grazing|rent|2,000|2,000| |Deposit account|interest|843|1,010| |Rural|Payments Agency|1,510|1,327| |4,353|4,337| |4.|NET|INCOMEKEXPENDITURE)| |Net|income/(expenditure)|is|stated|after|charging/(crediting):| |2025|2024| |£|£| |Depreciation|-|owned|assets|319|384| |Deficit|on|disposal|of fixed|assets|50|-| **----- End of picture text -----**
5. TRUSTEES’ REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31st October 2025 nor for the year ended 31st October 2024. ## Trustees’ expenses There were no_ trustees' expenses paid for the year ended 31st October 2025 nor for the year ended 31st October 2024. 6. **----- Start of picture text -----**
|||||||| |---|---|---|---|---|---|---| |COMPARATIVES|FOR|THE|STATEMENT|OF|FINANCIAL|ACTIVITIES| |Unrestricted| |fund| |£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|16,954| |Other trading|activities|153,784| |Investment|income|4,337| |Total|175,075| |EXPENDITURE|ON| |Raising|funds|161,658| |Net|gains|on|investments|824| |NET INCOME|14,241| |RECONCILIATION|OF|FUNDS| |Total|funds|brought|forward|169,128| |TOTAL|FUNDS|CARRIED|FORWARD|183,369| **----- End of picture text -----**
Page 8 continued... The Garstang and District Agricultural and Horticultural Society Limited ## Notes to the Financial Statements - continued for the Year Ended 31st October 2025 |7.|TANGIBLE FIXED ASSETS|||| |---|---|---|---|---| |||Freehold
property
£|Show
equipment
£|Totals
£| ||COST|||| ||At 1st November 2024|106,251|5,676|111,927| ||Additions
Disposals|207,124
-|-
(2,182)|207,124
(2,182)| ||At 31st October2025|313,375|3,494|316,869| ||DEPRECIATION|||| ||At ist November2024|-|3,500|3,500| ||Charge foryear|-|319|319| ||Eliminated on disposal|-|(2,132)|(2,132)| ||At 31st October2025|-|1,687|1,687| ||NET BOOKVALUE|||| ||At 31st October 2025|313,375|1,807|315,182| ||At 31st October 2024|106,251|2,176|108,427| |8.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONEYEAR|||| ||||2025|2024| ||||£|£| ||Trade debtors||-|72| |9.|CREDITORS:AMOUNTS FALLING DUE WITHIN ONEYEAR|||| ||||2025|2024| ||||£|£| ||Bank loansand overdrafts (see note 11)||6,993|-| ||Trade creditors||797|3,508| ||Other creditors||1,100|1,100| ||Accruals and deferred income||840|-| ||||9,730|4,608| |10.||CREDITORS: AMOUNTS FALLING DUEAFTERMORETHANONE|ONEYEAR|2025|2024| ||||£|£| ||Bank loans (see note 11)||159,507|-| |11.|LOANS|||| ||An analysis ofthe maturity ofloans isgiven below:|||| ||||2025|2024| ||||£|£| ||Amounts falling due within one yearon demand:|||| ||Bank loans||6,993|-| ||Amounts falling due between two and five years:|||| ||Bankloans-2-5years||159,507|-| Page 9 continued... The Garstang and District Agricultural and Horticultural Society Limited , ## Notes to the Financial Statements - continued for the Year Ended 31st October 2025 |12.|MOVEMENT IN FUNDS||||| |---|---|---|---|---|---| |||||Net|| ||||At|movement|At| ||||1/11/24|in funds|31/10/25| ||||£|£|£| ||Unrestricted funds||||| ||General fund||183,369|44,972|228,341| ||TOTAL FUNDS||183,369|44,972|228,341| ||Net movement in funds, included in the above are as follows:||||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||g|£|£| ||Unrestricted funds||||| ||General fund||210,626|(165,654)|44,972| ||TOTAL FUNDS||210,626|(165,654)|44,972| ||Comparatives formovement in funds||||| |||||Net|| ||||At|movement|At| ||||1/11/23|in funds|31/10/24| ||||£|£|£| ||Unrestricted funds||||| ||General fund||169,128|14,241|183,369| ||TOTAL FUNDS||169,128|14,241|183,369| ||Comparative net movement in funds, included in the above are as follows:||||| |||Incoming
resources|Resources
expended|Gainsand
losses|Movement
in funds| |||£|£|£|£| ||Unrestricted funds||||| ||General fund|175,075|(161,658)|824|14,241| ||TOTAL FUNDS|175,075|(161,658)|824|14,241| ||A current year 12 months and prioryear 12 months combined position is as follows:||||| |||||Net|| ||||At|movement|At| ||||1/11/23|in funds|31/10/25| ||||£|£|£| ||Unrestricted funds||||| ||General fund||169,128|§9,213|228,341| ||TOTALFUNDS||169,128|59,213|228,341| Page 10 continued... The Garstang and District Agricultural .and Horticultural Society Limited ## Notes to the Financial Statements - continued for the Year Ended 31st October 2025 ## 12. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |Unrestricted funds||||| |General fund|385,701|(327,312)|824|59,213| |TOTALFUNDS|385,701|(327,312)|824|59,213| ## 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31st October 2025. Page 11 The Garstang and District Agricultural and Horticultural Society Limited # ; ## Detailed Statement of Financial Activities for the Year Ended 31st October 2025 ||2025|2024| |---|---|---| ||£|£| |INCOME AND ENDOWMENTS||| |Donations and legacies||| |Sponsorship and donations|27,041|14,455| |Membership|4,267|2,499| ||31,308|16,954| |Other trading activities||| |Entry fees|122,907|102,447| |Trade space and food hall|45,490|43,612| |Show ball and fundraising|6,568|7,725| ||174,965|153,784| |Investment income||| |Grazing rent|2,000|2,000| |Deposit account interest|843|1,010| |Rural PaymentsAgency|1,510|1,327| ||4,353|4,337| |Total incoming resources|210,626|175,075| |EXPENDITURE||| |Raising donations and legacies||| |Subscriptions and affiliates|367|-| |Printing and stationery|10,049|10,842| |Prize money|15,398|12,410| |Booking system|1,980|2,160| |Entertainment fees|9,595|8,275| |Rent|2,167|3,000| |Trophy engraving|1,746|1,977| |First aid|4,240|3,850| |Rosettes
Advertising
Security
Site management|6,276
5,432
5,353
41,247|3,147
5,342
4,425
13,617| |Health and safety|2,424|1,280| |Toilets|5,886|5,538| |Car parking and gate staff|-|800| |Marquees|32,061|31,350| |PA system|5,028|5,028| |Barriers
Catering
Sundries
Other showfield expenses|4,917
8,251
527
7,813|7,616
8,146
3,754
4,680| |Repairs and renewals|-|1,183| |Aftershow partyexpenses|1,529|-| ||142,286|138,420| ## Support costs This page does not form part of the statutory financial statements Page 12 ## The Garstang and District Agricultural .and Horticultural Society Limited ## Detailed Statement of Financial Activities for the Year Ended 31st October 2025 ||2025|2024| |---|---|---| ||£|£| |Support costs||| |Management||| |Water
Insurance|92
5,072|127
4,340| |Telephone|991|380| |Depn offixtures and fittings|319|384| ||6,474|5,231| |Finance||| |Bank charges|2,499|637| |Loss on sale oftangible fixed assets|50|-| ||2,549|637| |Human resources||| |Secretarial fees|13,200|13,200| |Governance costs||| |Accountancyand legal fees|1,145|4,170| |Total resources expended|165,654|161,658| |Netincome|44,972|13,417| This page does not form part of the statutory financial statements Page 13