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← Netherseal Young Farmers Club

2024-08-31-accounts

Trustees’ Annual Report for the period

From 01/09/2023 Period start date To 31/08/2024 Period end date

Charity name: Netherseal Young Farmers Club

Charity registration number:

1061973

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To advance the education of young
members of the public in agriculture, home
crafts, country life and related subjects and
in the interests of social welfare of such
persons to provide facilities for recreation
and other leisure time occupations.
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		 Young Farmers is an organisation dedicated
to supporting young people in agriculture,
homecrafts and the countryside and
provides a unique opportunity for members
to develop skills, travel abroad, compete in a
varied and extensive competitions
programme and enhance their social
welfare. The club committee work hard to
compile a programme of activities to suit
member’s needs, they also work with
members to develop their strengths and help
to develop and contribute to the overall
success of Leicestershire and Rutland
Young Farmers and the National Association
of Young Farmers’Clubs.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Trustees have complied with their duty to
have due regard to the Charity Commission’s
public benefit guidance during the year.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Contribution made by
volunteers		 Para 1.38 The club rely on volunteers to assist with the
running of the club, including events and
competitions. Volunteers give up their time
to help the organisation to be successful.
Other

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 The club is still gaining members and
achieving phenomonal results in the
Leicestershire County area competitions and
being able to help the county in their own
events such as the Young Farmer Rally held
in Netherseal area.
The club has yet again won the County Rally
but with fiercer competition from other clubs
in the county, the whole county Is going from
strength to strength. Still a very strong
presence in National Competitions from
Netherseal in Fence erecting, volleyball and
stock Judging Classes.
In celebration of the club the annual dinner
dance at Pirelli stadium was a great success
from a non-profit event. With events through
the year such as the Spring Party, Christmas
tree collection, Tractor Run and many others
all organised by the committee all raised
significant funds for club and charities
involves for fundraising.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set

Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 Reviewed by independent peers
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 In emergency cases for the long term benefit
of the club
Amount of reserves held Para 1.22 Proportionate to turnover of the club
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
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23		 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:
The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46
A description of the principal
risks facing the charity		 Para 1.46
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution adopted 5 December 1994
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 An unincorporated 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 Trustees are appointed or re-appointed
annually at the Annual General Meeting in
September
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		 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
annually at the Annual General Meeting in
September
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 Such training policies set out by the National
Federation of Young Farmers and also aided
by the Leicestershire Federation of Young
Farmers
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Netherseal Young Farmers Club is affiliated
to Leicestershire & Rutland Young Farmers
and the National Federation of Young
Farmers’ Clubs based at Stoneleigh Park,
Warwickshire.
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Netherseal Young Farmers Club
Other name the charity uses
Registered charity number 1061973
Charity’s principal address Brooksby College, Brooksby, Melton Mowbray,
Leicestershire, LE14 2LJ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
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12
13
14
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19
20		 Trustee name Office (if any) Dates acted if not for whole
year		 Name of person (or body) entitled
to appoint trustee(if any)
Rebecca Busby GroupLeader 01 June 24
Rosanna Bryan GroupLeader 01 October 24
Christopher Vero Treasurer 01 October 21
Linda Kinston OutgoingPresident 01 September 19
Joe Hilyer IncomingChairman 01 October 24

– Corporate trustees names of the directors at the date the report was approved

Director name

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 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

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) Signature(s) Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)		 Full name(s)Christoher Vero
Position (eg Secretary,
Treasurer
~~et~~
~~ee~~		 Rosanna Bryan
Group Leader
Date27/06/2025 27/06/2025 27/06/2025

NETHERSEAL YFC INCOME & EXPENDITURE ACCOUNT FOR PERIOD ENDING 31ST AUGUST 2024

Membership Income Expenditure
Levies, Insurance and Cards 4,265.00 5,090.27
Social Events
Dinner & Dance 10,410.00 12,093.98
County Dinner And Dance 3,031.00 3,145.00
April Fool Party 13,907.71 821.70
Administration
Meetings 40.00
Account Interest 342.10
Misc
Other 3,300.00 7,575.85
Charity Fundraising 2,859.29
Charity Donations 9,000.00
Surplus/(Loss) for the year 428.30
38,155.10 38,155.10

Club President: Phil Busby Club Chairman: Joey Thirlby Club Secretary: Sophie Ward Club Treasurer: Chris Vero Account Examiner: Rob Lowe

BALANCE SHEET AS OF 31ST AUGUST 2024

Current Assets
Current Account 5,806.99
Savings Account 8,738.04
Charity Account 29,405.79
43,950.82
Unpresented cheques 5,000.00
Unpresented cheques - 22/23 4277.25
Uncleared receipts 0.00
34,673.57
Accumulated Funds
At 1st September 2023
Current Account 13,745.59
Savings Account 8,619.86
Charity Account 16,457.07
38,822.52
Unpresented cheques 4,577.25
Uncleared receipts 0.00
Surplus/(Loss) for the year 428.30
34,673.57

I certify that the accounts show a true statement of the affairs of Netherseal & District YFC, as shown by the information supplied to me, for the year ending 31 August 25/06/2025 ~~C\ Joi~~ Treasurer aon 25/06/2025 Accounts Examiner

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees

Charity Name Netherseal Young Farmers Club

On accounts for the year 31/08/2024 Charity no 1061973
ended (if any)
Set out on pages
(remember to include the page numbers of additional sheets) (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 08 / 2024 .

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried 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) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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 to be reached.

|Signed:||Date:|Date:30/06/2025
~~[|~~|Date:30/06/2025
~~[|~~| |---|---|---|---|---| |Name:|Rob Lowe||||

Relevant professional qualification(s) or body

Oct 2018

1

IER

(if any):

Address: Glebe Farm, Ratcliffe Culey, ATHERSTONE, Warks, CV9 3PH

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER