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2021-11-30-accounts

Page
Legal and administrative information
Report ofthe Board of Management 2-5
Independent
Examiner's		 report
Statement
of financial
activities
Balance sheet
Statement ofcash flows
Notes to the accounts 10-17

Charity name Charity name Charity name The Dorchester
Agricultural		 The Dorchester
Agricultural		 The Dorchester
Agricultural		 The Dorchester
Agricultural		 Society Society Society
(organisers
of The Dorset		 County Show)
Charity number 1066401
Company registration number 3473496
Show office Agriculture
House
Acland Road
Dorchester
Dorset
DT1 1EF
telephone 01305264249
e-mail secretary@dorsetcountyshow. co.uk
accounts@dorset
county		 show.co.uk
website www. dorsetcountyshow. co.uk
Officers
President* The Lord and Lady Fellowes ofWest Stafford
Deputy President* Mr Peter Clark
Chairman Mrs Nicola Ralph
Vice Chairman Mr Jason Bowerman
Treasurer Mr John Hoskin
Company Secretary" Mrs Lisa Cartwright
*not trustee/director
Trustees/directors Mr Jason Bowerman
Mr Wakely Cox
Mrs Rebecca
Hill (resigned		 30 October 2020)
Mr John Hoskin
Mr Neil Martin
Mr Michael
Miller (resigned		 28 April 2021)
Mr Simon
Mills
Mrs Nicola Ralph
Mr Benjamin Best
Mr Paul Dunlop
(appointed		 1 February 2021)
Advisors
Independent examiner lan Carrington
M.A.(Oxon)		 F.C.A.
Edwards
8 Keeping,		 Chartered Accountants, Dorchester
Accountants Edwards
and Keeping,		 Chartered Accountants, Dorchester
Bankers Svenska
Handelsbanken		 AB (publ), Dorchester
Investment advisors Charles Stanley
Solicitors Porter Dodson,
Dorchester
Trophy valuers H Y Duke and Sons
Land agents Symonds
and Sampson,		 Dorchester
Veterinary surgeons Dorset Equine Vets
Synergy
Farm Health
Medical officer Dr Paul Andrews
Farrier Mr Paul Thomas

Unrestricted Restricted Total funds Total funds
funds funds 2021 2020
Notes f f
Income
Subscriptions
and donations		 22,118 65 22,183 25,603
Charitable
activities
Show income 46,141 46, 141 8,133
Charity income 544 544
Investments 6,063 6,063 9,630
Dorset Council grant 15,043 15,043 25,000
Job retention
scheme		 7,317 7,317 14,363
Total income 97,226 65 97,291 82,729
Expenditure
Raising funds
Investment
management		 fees 4,111 4,111 3,034
Charitable
activites
Show expenditure 88,387 88,387 122,364
Grants payable 210 210 135
Support costs 49,156 49,156 47,083
Total expenditure 141,654 210 141,864 172,616
Net income for the year before
investment
gains and losses		 (44,428) (145) (44,573) (89,887)
Realised gains on disposal of investments 11 7,557 7,557 (54,648)
Unrealised
gain on revaluation		 of
investments 11 33,247 33,247 31,008
Net income for the year (3,624) (145) (3,769) (113,527)
Reconciliation
offunds
Funds brought
forward		 703,951 54,567 758,518 872,045
Funds carried forward 14 700,327 54,422 754,749 758,518

2021 2020
Notes F
Fixed assets
Tangible assets 10 5,759 10,143
Investments 11 372,907 336,715
378,666 346,858
Current assets
Debtors 26,507 25,078
Cash at bank and in hand 365,680 415,438
392,187 440,516
Liabilities
Creditors: amounts falling
due within one year 13 (16,104) (28,856}
Net. current assets 376,083 411,660
Net assets 754,749 758,518
Funds
Unrestricted income funds —general funds 700,327 703,951
Restricted income funds - Fabulous Food and Farming Fund 54,422 54,567
14 754,749 758,518

Notes 2021
F		 2020f
Cash flow from operating activities 16 (60,273) (80,400)
Interest
paid		 (160) (40)
Net cash flow from operating activities (60,433) (80,440)
Cash flow from investing
activities
Payments
to acquire tangible		 fixed assets (657)
Payments
to acquire investments		 (103,869) (247,646)
Receipts from sales of investments 108,889 255,955
Dividends
received		 5,879 8,717
Interest received 184 913
Net cash flow from investing activities 11,083 17,284
Net (decrease)/increase
in		 cash and cash equivalents (49,350) (63,157)
Cash and cash equivalents at 1 December 2020 428,461 491,618
Cash and cash equivalents at 30 November 2021 379,111 428,461
Cash and cash equivalents consists of:
Cash at bank and
in hand		 365,680 415,438
Cash held by brokers 13,431 13,023
Cash and cash equivalents at 30 November 2021 379,111 428,461

2
Subscriptions
and donations		 2
Subscriptions
and donations		 2
Subscriptions
and donations		 2
Subscriptions
and donations		 2
Subscriptions
and donations		 2
Subscriptions
and donations		 2021f 2020f
Members'
subscriptions		 20,590 23,866
Fabulous
Food and Farming		 Fund donations 65
General donations 1,528 1,737
22,183 25,603
Income
from subscriptions
attributable
to unrestricted		 and
donations
and f65 (2020		 was f22,183 (2020
-fnil) was attributable		 - f25,603) of which f22,118 (2020 -
to restricted funds.		 f25,603) was
3
Show income and expenditure		 2021
f		 2021
f		 2021
F		 2021f 2020f
Show income Charity Fabulous Show Total
Night Food
Gate admissions
and car parking		 10,416 10,416
Show sponsorship
and donations		 6,380 6,380 17
Tradestands 18,400 18,400 8,116
Entry fees 8,521 8,521
Events income
—catering,		 bar etc. 2,424 2,424
46,141 46,141 8,133
Charity Fundraising
Other charity income 544 544
46,684 46,684 8,133
Show direct expenditure
Salaries - Secretary/Temporary Secretary (75%) 23,577 23,577 22,665
Salaries - Secretariat (75%) 6,846 6,846 13,770
Employer's
national
insurance		 (75%) 1,092
Employer's
pension costs		 (75%) 567 567 540
Showground
rent and rates		 10,451 10,451 25,881
Showground
utilities		 489 489 431
Showground
and equipment		 maintenance and repairs 2,187 2,187 2,013
Insurance 3,770 3,770 6,133
Hire ofShow equipment 6,761 6,761 17,294
Attractions 425 425
Judges, stewards
and catering		 1,853 1,853 366
Labour, contractors
and service		 providers 6,594 6,594 2,512
Prize money 7,129 7,129 110
Rosettes and prize cards 4,499 4,499 821
Marketing
and PR		 581 581 9,750
Printing
and stationery		 1,685 1,685 2,745
Postage 3,970 3,970 1,887
Subscriptions
and royalties		 568 568 1,637
Sundry Show costs 2,444 2,444 681
Members
bar costs
Depreciation
ofShow fixed		 assets 3,991 3,991 12,036
CharithNi
ihi
Charity
Night costs
88,387 88,387 122,364
Net Show direct surplus/(deficit) (41,703) (41,703) (114,231)

4
Investment
income		 4
Investment
income		 4
Investment
income		 2021f 2020
E
Dividends
and interest		 on UK listed investments 5,879 8,717
Interest on UK cash deposits 184 913
6,063 9,630
All investment
income		 in both years is attributable to unrestricted income funds.
5
Grants payable		 2021 2020
K K
Fabulous
Food and		 Farmin Fund
Weymouth
College		 210
Mildown Academy 135
210 135
Expenditure
on grants		 was 8210 (2020 —f135)of which f210 (2020 - 2135)was attributable
to the restricted
Fabulous
food and farming		 fund and anil (2020 - anil) to the restricted
charity		 night fund, the remainder from
unrestricted
funds.
A further anil (2020: anil) worth oftrade stand spaces were given free ofcharge this year.
6
Support costs		 2021 2020
E F
Salaries - Secretary/Temporary Secretary (25%) 7,859 7,555
Salaries
—Secretariat		 (25%) 2,282 4,590
Employer's
national		 insurance (25%) 364
Employer's
pension		 costs (25%) 189 180
Office rent and rates 7,386 6,932
Telephone 1,930 1,657
Computer
and website		 costs 13,004 6,326
Hire ofoffice equipment 1,118 782
Legal and professional fees 8,701 10,110
Bank charges and card processing fees 2,135 1,883
Interest payable 160 40
Sundry expenses 288 717
Depreciation
ofoffice furniture		 and equipment 393 753
Independent
examination		 500 599
Accountancy 2,440 3,855
Trustees'
insurance		 771 740
49,156 47,083

7
Net income		 for the year for the year 2021f 2020
Net income for the year is stated after charging:
Accountants'
fees
Independent examination 500 599
Edwards
and		 Keeping - accountancy 2,400 3,400
-other services 40 455
Depreciation 4,384 12,789
8
Staff costs		 2021
E		 2020f
Gross salaries (Secretary/Temporary Secretary and Secretariat) 40,564 48,581
Employer's
national		 insurance 1,456
Employer's
pension		 costs - defined contribution plan 756 720
41,320 50,758

10
Tangible fixed assets
Showground Trophies ONce
construction
&		 & Website Computer furniture
&
improvements equipment development
F		 equipment
E		 equipment
E		 Totalf
Cost
At 1 December 2020 177,535 90,434 3,254 26,118 11,615 308,955
Additions
At 30 November
2021		 177,535 90,434 3,254 26,118 11,615 308,955
Depreciation
At 1 December 2020 176,501 82,404 3,253 25,734 10,921 298,813
Charge for the year 277 3,714 187 206 4,384
At 30 November
2021		 176,778 86,118 3,253 25,921 11,127 303,197
Net book value
At 30 November
2021		 757 4,316 197 488 5,759
At 30 November
2020		 1,034 8,030 384 694 10,142
11
Investments		 2021 2020
F
UK listed investments
Fair (market) value at 1 December 2020 323,692 355,641
Acquisitions
at cost		 103,869 247,646
Disposal proceeds (108,889) (255,955)
Realised
gain on disposal of investments		 7,557 (54,648)
Unrealised
gain on revaluation		 33,247 31,008
Fair (market) value at 30 November
2021		 359,476 323,692
Cash deposits
held by brokers		 at 30 November 2021 13,431 13,023
372,907 336,715
12
Debtors		 2020
Prepayments
and accrued		 income 16,479 20,052
Other debtors 7,408 3,138
VAT 2,620 1,888
26,507 25,078

13
Creditors: amounts		 falling due within one year 2021 2020
F
Accruals and receipts in advance 4,500 4,800
Other taxes and social security costs 2,165
Other creditors 9,439 24,056
16,104 28,856
14
Funds		 Unrestricted Restricted Restricted
General Fabulous Charity Total
Funds Food 8 Night Fund funds
Farming Fund f
At 1 December 2020 703,951 54,567 758,518
Income for the year 97,226 65 97,291
Expenditure
for the year		 (141,654) (210) (141,864)
Net gain on investment assets 40,804 40,804
At 30November
2021		 700,327 54,422 754,749
Represented
by:
Tangible fixed assets 5,759 5,759
Fixed asset investments 372,907 372,907
Net current assets 321,661 54,422 376,083
700,327 54,422 754,749

Total future
minimum
lease payments
under non-cancellable
oper		 ating
leases are as follows:
2021f 2020
Not later than one year 5,546 5,546
Later than one and not later than five years 7,103 12,649
12,649 18,195

16 Reconciliation ofnet income to net cash flow from operating ofnet income to net cash flow from operating activities 2021 2020
E E
Net (expenditure)/income
for		 the year (3,769) (113,527)
Dividends
received		 (5,879) (8,717)
Interest receivable (184) (913)
Interest payable 160 40
Depreciation
of tangible
fixed assets		 4,384 12,789
(Gains)/losses
on investments		 (40,804) 23,640
Decrease/(increase) in debtors (1,429) (9,771)
(Decrease)/increase in creditors (12,752) 16,059
Net cash flow from operating activities (60,273) (80,400)