| Contents | Contents | ||||
|---|---|---|---|---|---|
| Page | |||||
| Legal 8cadministrative | information | ||||
| Trustee's annual report |
2~3 | ||||
| Independent examiner's |
report | ||||
| Statement offinancial | activities | ||||
| Balance sheet | 6-7 | ||||
| Notes to the financial | statements | 8-16 | |||
| The following pages do not form part ofthe statutory | accounts and | are prepared for the members |
only: | ||
| Income and expenditure | account | 17-18 |
| Unrestricted | Restricted | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| Note | Funds | Funds | Total | Total | ||||
| Incoming | resources | |||||||
| Income and endowments | from: | |||||||
| Donations | and legacies | 5,085 | 5,085 | 5318 | ||||
| Charitable | activities | 85,376 | 85,376 | 81,774 | ||||
| Other trading activities | ],760 | 1,760 | 14,309 | |||||
| Investments | 749 | 749 | 342 | |||||
| Total | 92,970 | 92,970 | 101,943 | |||||
| Resources | expended | |||||||
| Expenditure on: |
||||||||
| Charitable | activities | 10 | 29,818 | 29,818 | 27,778 | |||
| Other | 11 | 56,848 | 56,848 | 43,906 | ||||
| Total | 86,666 | 86,666 | 71,684 | |||||
| Net movement in funds in |
the year | 6,304 | 6,304 | 30,259 | ||||
| Reconciliation offunds | ||||||||
| Total funds | brought | forward | 319,065 | 319,065 | 288,807 | |||
| Total funds carried | forward | 21 | 325,369 | 325,369 | 319,065 |
| Balance sheet | |||||||
|---|---|---|---|---|---|---|---|
| as at30November | 2022 | ||||||
| 2022 | 2021 | ||||||
| Notes | |||||||
| Fixed Assets | |||||||
| Tangible assets | 12 | 19,760 | 23,316 | ||||
| Current Assets | |||||||
| Stocks | 13 | 392 | 475 | ||||
| Debtors | 14 | 16,218 | 15,482 | ||||
| Cash at bank | and in | hand | 15 | 301,247 | 289,781 | ||
| 317,857 | 305,738 | ||||||
| Creditors: amounts | falHng | ||||||
| due within | one year | 16 | (12,248) | (9,989) | |||
| Net Current | assets | 305,609 | 295,749 | ||||
| Total Assets | Less Current | ||||||
| Liabilities | 325,369 | 319,065 | |||||
| The funds ofthe charity | |||||||
| Unrestricted | funds | 21 | 325,369 | 319,065 | |||
| Total charity funds | 325,369 | 319,065 |
| 3. | Net incoming resources for the | Net incoming resources for the | Net incoming resources for the | Net incoming resources for the | year | year | 2022 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Net incoming resources |
is stated | after charging: | ||||||
| Depreciation and other |
amounts | written offtangible assets | 5,878 | 7,302 | ||||
| and after crediting: | ||||||||
| Donations | 5,085 | 5,518 | ||||||
| Interest receivable | 749 | 342 | ||||||
| 4. | Staff costs | |||||||
| 2022 | 2021 | |||||||
| Number ofemployees | ||||||||
| The average monthly | numbers ofemployees | |||||||
| during the year were: | ||||||||
| Employment costs |
2022 | 2021 | ||||||
| Gross salaries 8r, national |
insurance | 27,667 | 27,454 | |||||
| Pension costs | 3,239 | 3,056 | ||||||
| CJRS - furlough wages |
recovered | (11,021) | ||||||
| 30,906 | 19,489 | |||||||
| No employee received | remuneration, | expenses or benefits exceeding | f60,000during the year. |
|||||
| 5. | Feesfor independent | examination | ofaccounts | |||||
| 2022 | 2021 | |||||||
| Independent examiners |
fee | 1,650 | 1,620 |
| Donations and legacies | 2022 | 2021 | |
| Membership donations |
2,276 | 1,913 | |
| Trade donations | 1,400 | 1,550 | |
| Donations &concessions | —catering &ice cream | 1,409 | 2,055 |
| 5,085 | 5,518 |
| 7. | Charitable activity incom |
e | 2022 | 2021 |
| Subscriptions | 21,520 | 20,927 | ||
| Sponsorship | 8,761 | 9,060 | ||
| Entry to Competitions | 3,158 | 3,058 | ||
| Receipts at Gate | 24,900 | 21,484 | ||
| Advanced Ticket Sales |
8,452 | 6,270 | ||
| Working Demonstrations | &Stands | 14,372 | 16,200 | |
| Surplus on Raffle | 1,953 | 1,904 | ||
| Plough Part Sales | 428 | 874 | ||
| Programme Sales |
736 | 964 | ||
| Caravan Parking | 417 | 483 | ||
| Practice plots | 679 | 550 | ||
| 85,376 | 81,774 | |||
| 8. | Other trading activities | 2021 | ||
| Surplus on Sale ofSouvenirs |
716 | 1,684 | ||
| CJRS - furlough wages recovered (restricted) |
11,021 | |||
| Ploughmens Travel Award |
incl seminar surplus | 225 | ||
| Gift aid refund | 1,379 | |||
| 1,760 | 14,309 |
| ..continued | ||||
|---|---|---|---|---|
| 9. | Investments | 2022 | 2021 | |
| Bank Interest Received | 749 | 342 | ||
| 749 | 342 | |||
| 10. | Charitable activity costs |
2022 | 2021 | |
| Show Expenses | 4,719 | 3,515 | ||
| Advertising | 2,020 | 1,769 | ||
| Hire ofSite Equipment | 1,300 | 1,310 | ||
| Marquee hire | 2,422 | I,829 | ||
| Toilet hire | 1,940 | 1,670 | ||
| Mementos, awards &trophies |
3,333 | 2,838 | ||
| Steam Engines | 750 | 1,561 | ||
| Match purchases - signs, banners, pegs | etc | 1,007 | 1,038 | |
| Rent | 2,298 | 2,136 | ||
| Meetings, Site Visits, Accommodation | &Meals | 1,752 | 1,191 | |
| Motor Expenses | 3,198 | 2,149 | ||
| Motor vehicle depreciation | 5,079 | 6,772 | ||
| 29,818 | 27,778 |
| Other | 2021 | |||||
| Affiliation Fees, World &European |
Ploughing | 2,73 I | (4,I40) | |||
| World &European | Match Expenses | 363 | ||||
| Ploughmens travel awards |
4,000 | |||||
| Website and computer costs | 638 | 495 | ||||
| Repairs &Renewals | 103 | 992 | ||||
| Wages &employer | pension contributions | 30,906 | 19,489 | |||
| Wages &employer | pension contributions | (wages recovered | through CJRS) | 11,02 I | ||
| Telephone | 701 | 788 | ||||
| Printing, postage & |
stationery | 8,017 | 6,792 | |||
| Depreciation | 799 | 530 | ||||
| Leasing ofoffice equipment | 358 | 326 | ||||
| Bank Interest &Charges | 1,618 | 1,786 | ||||
| Light &Heat ofOffice | 1,663 | 1,465 | ||||
| Insurance | 2,701 | 2,509 | ||||
| Accountancy | 1,650 | 1,620 | ||||
| Sundries | 600 | 233 | ||||
| 56,848 | 43,906 |
| 12. | Tangible fixed | assets | Plant and | Motor | |
|---|---|---|---|---|---|
| machinery | vehicles | Total | |||
| Cost | |||||
| At 1 December 2021 | 28,140 | 36,115 | 64,255 | ||
| Additions | 2,322 | 2,322 | |||
| At 30November | 2022 | 30,462 | 36,115 | 66,577 | |
| Depreciation | |||||
| At I December 2021 | 25,137 | 15,801 | 40,938 | ||
| Charge for the year | 799 | 5,079 | 5,878 | ||
| At 30November | 2022 | 25,936 | 20,880 | 46,816 | |
| Net book values | |||||
| At 30November | 2022 | 4,526 | 15,235 | 19,760 | |
| At 30November | 2021 | 3,003 | 20,314 | 23,316 | |
| 13. | Stocks | 2022 | 2021 | ||
| K | |||||
| Stocks ofsouvenirs | 392 | 475 | |||
| 14. | Debtors | 2022 | 2021 | ||
| Trade debtors | 12,481 | 9,560 | |||
| Prepayments and |
accrued income | 3,737 | 5,922 | ||
| 16,218 | 15,482 |
| 15. | Cash at bank and in | hand | 2022 | 2021 | |
| National Westminster |
A/c | 74,791 | 82,792 | ||
| Paypal Account | 6,689 | 9,316 | |||
| National Savings Incoine Bond |
5,000 | 5,000 | |||
| Santander | 82,667 | 60,893 | |||
| Lloyds TSBA/c | 82, I00 | 81,780 | |||
| Scottish Widows Fixed Term | 50,000 | 50,000 | |||
| 301,247 | 289,781 | ||||
| 16. | Creditors: amounts | falling due | 2022 | 2021 | |
| within one year | |||||
| Trade creditors | 873 | 1,194 | |||
| Other taxes and social | security costs | 9,475 | 7,175 | ||
| Accruals and deferred | income | 1,900 | 1,620 | ||
| 12,248 | 9,989 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| Fund balances at 30November 2022 as represented | by: | ||||
| Tangible | fixed assets | 19,760 | 19,760 | ||
| Current | assets | 317,857 | 3l7,857 | ||
| Current | liabilities | (12,248) | (12,248) | ||
| 325,369 | 325,369 |
| At | Incoming | Outgoing | At | ||
|---|---|---|---|---|---|
| 1Dec21 | resources | resources | 30Nov 22 | ||
| Unrestricted | funds | 3I9,065 | 92,970 | (86,666) | 325,369 |
| Restricted funds | |||||
| Total funds | 319,065 | 92,970 | (86,666) | 325,369 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Income for general purposes | ||||||
| Subscriptions: | ||||||
| Trade affiliation | 44 | 44 | ||||
| Members | 15,963 | 15,583 | ||||
| Affiliated Societies | 3,921 | 3,796 | ||||
| Vice presidents | 1,592 | 1,504 | ||||
| 21,520 | 20,927 | |||||
| Bank deposit interest | 749 | 342 | ||||
| Surplus on Sale ofSouvenirs | 716 | ],684 | ||||
| Practice plots | 679 | 550 | ||||
| Plough parts sales | 428 | 874 | ||||
| Ploughmens Travel Award incl seminar |
surplus | 1,044 | 225 | |||
| CJRS - furlough wages recovered |
11,021 | |||||
| Gift aid refund | 1,379 | |||||
| 25,136 | 37,002 | |||||
| Match day income | ||||||
| Entry to coinpetitions | 3,158 | 3,058 | ||||
| Receipts at gate | 24,900 | 21,484 | ||||
| Advanced Ticket Sales |
8,452 | 6,270 | ||||
| Working demonstrations | &stands | 14,372 | 16,200 | |||
| Annual donations &sponsorship |
12,437 | 12,523 | ||||
| Donations &concessions - catering &ice cream | 1,409 | 2,055 | ||||
| Surplus on raffle &tombola | 1,953 | 1,904 | ||||
| Caravan Parking |
417 | 483 | ||||
| Programme sales |
736 | 964 | ||||
| 67,834 | 64,941 | |||||
| Total income for the year | 92,970 | 101,943 | ||||
| Expenses - page 18 | 86,666 | 71,684 | ||||
| Net surplus I(deficit) for year | 6,304 | 30,259 |
| Total e | xpense | s for the year ended 30N | ovember 2022 |
||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Affiliation Fees, World &European |
Ploughing | 2,731 | (4,140) | ||
| (Credit for 2020& | 2021 World AfFiliation | fees) | |||
| World &European | Match Expenses | 363 | |||
| Ploughmens travel awards |
4,000 | ||||
| Show expenses | |||||
| Match expenses | 4,719 | 3415 | |||
| Mementos, trophies &awards |
3,333 | 2,838 | |||
| Match purchases | - signs, banners, | pegs | etc | 1,007 | 1,038 |
| HIre ofsite equipment, marquees |
etc | ||||
| Site equipment | 1,300 | 1,310 | |||
| Marquees | 2,422 | 1,829 | |||
| Toilets | 1,940 | 1,670 | |||
| Steam engines | 750 | 1,561 | |||
| Motor expenses | |||||
| Fuel &repairs | 2,236 | 1,219 | |||
| Tax &insurance | 962 | 930 | |||
| Depreciation | 5,079 | 6,772 | |||
| Advertising | 2,020 | 1,769 | |||
| Meetings, site visits, meals, accommodation |
1,752 | 1,191 | |||
| Telephone | 701 | 788 | |||
| Website and computer costs | 638 | 495 | |||
| Printing, postage & |
stationery | 8,017 | 6,792 | ||
| Wages &employer | pension contributions | 30,906 | 19,489 | ||
| Wages &employer | pension contributions | (recovered through CJRS) | 11,021 | ||
| Rent | 2,298 | 2,136 | |||
| Bank interest &charges | 1,618 | 1,786 | |||
| Light &heat ofoffice | 1,663 | 1,465 | |||
| Insurance | 2,701 | 2309 | |||
| Repairs &,renewals | 103 | 992 | |||
| Leasing ofOffice equipment | 358 | 326 | |||
| Accountancy | 1,650 | 1,620 | |||
| Sundries | 600 | 233 | |||
| Depreciation on equipment |
799 | 530 | |||
| Total expenses | 86,666 | 71,684 |