BRIDGEND COUNTRY SHOW LIMITED REPORT OF THE TRUSTEE FOR THE YEAR ENDED 30 SEPTEMBER 2025
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REGISTERED COMPANY NUMBER: 14015784 REGISTERED CHARITY NUMBER: 1071196
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REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 FOR BRIDGEND COUNTRY SHOW LIMITED
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BRIDGEND COUNTRY SHOW LIMITED REPORT OFFOR THE YEAR THEENDED TRUSTEE30 SEPTEMBER 2025
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The Trustee (a Company Director of the Charity whose company directors are known as trustees for the purposes of the Companies Act 2006) presents his Report with Financial Statements of the Charity for the year ended 30 September 2022. The Trustee has 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 the Republic of lreland (FRS 102) (effective 1 Jan 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims. The principal aims and objectives are to promote, organise and stage the Bridgend Agricultural Show by ,
a) Actively seeking to encouragea diverse variety of events and interests within the broad sphere of
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agricultural and other rural activities
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b) Holding regular meetings for discussions as to the setting up, financing, and running of the Show. and
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c) Planning, setting up, staging, and running the Show and organising and holding other fundraising events in aid of the Show
The events held by the Charity and the Show are open to the general public and are undertaken to further the Charity's charitable purposes for the public benefit. ACHIEVEMENT AND PERFORMANCE
2025 saw the Show have the hottest weekend of 2025, which resulted in the cancellation of some animal related events. It was once again held on land owned by Jonathan Tudor and will continue to do so for the foreseeable future.
The weather did have a detrimental effect on visitor numbers, as it was a heatwave, and the Met Office advised people to stay at home and do not travel.
Costs as always were high, but we anticipate continuing and growing for the future.
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; ; BRIDGEND COUNTRY SHOW LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
FINANCIAL REVIEW
Reserves policy
The unrestricted Funds represent a realistic level of reserves for future levels of expenditure. It is the intention of the charity to build this up to a reasonable level to avoid any uncertainties in the future. The level of reserves will be monitored where any changes in income or expenditure are expected.
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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 company is governed by its Memorandum and Articles of Association.
Recruitment and appointment of new trustees
The company recruits its Directors and Trustees from all areas of the local community. Nominations are open to everybody and made at the company’s Annual General Meeting. A vote is taken by all members present by a show of hands, with a simple majority allowing appointments to be made.
The company’s principal office is Sandringham House, Cemetery Road, Bridgend. CF31 1LY
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 14015784
Registered Charity Number 1071195
Registered Office
Sandringham House Cemetery Road Bridgend CF31 1LY
Directors
Elizabeth Gibbs Murray Gillian Dowling
Company Secretary
Bankers
Nat West Bank Adare Street Bridgend
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BRIDGEND COUNTRY SHOW LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
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Approved by order of the board of trustees on the 23 December 2025 and signed on its behalf by:
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BRIDGEND COUNTRY SHOW LIMITED FINANCIALFOR THE YEAR STATEMENTS ENDED 30 SEPTEMBER 2025
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BRIDGEND SHOW BALANCE SHEET AT 30 SEPTEMBER 2025
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|30/09/25 Unrestricted|30/09/24 Unrestricted|
|Fund|Fund|
|Notes|£|£|
|FIXED ASSETS|
|Tangible|assets|6|3,615|348|
|CURRENT ASSETS|
|Stocks|7|-|-|
|Debtors|8|7,476|120|
|Cash|at bank and|in|hand|2036|1,118|
|5,560|1,238|
|CREDITORS|
|Amounts falling due within one year|9|-9500|958|
|NET CURRENT ASSETS|-325|280|
|TOTAL|ASSETS LESS CURRENT LIABILITIES|3,627|628|
|NET ASSETS|ee3,627|a628|
|FUNDS|
|Unrestricted|Funds|10|3,627|628|
|TOTAL FUNDS|3,627|628|
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.
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BRIDGEND COUNTRY SHOW LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
The members have not required the company to obtain an audit of its financial statements for the year
ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a 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.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable smal! companies.
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The financial statements were approved by the Board of Trustees on the 23 December 2025 and were signed on its behalf by:
E Gibbs-Murray
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Ci MS
G Dowling
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FINANCIALBRIDGEND COUNTRY STATEMENTS SHOW LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2025
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ACCOUNTING POLICIES
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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 2015) '! Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of lreland' 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 Jegal 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 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.
Fixtures and fittings - 20% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.
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.
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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 ts included in the notes to the financial statements.
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BRIDGENDFINANCIAL STATEMENTS COUNTRY SHOW LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2025
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Hire purchase and leasing commitments.
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease.
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Financia! instruments
The charity only has financial assets and financial liabilities of a kind that qualifies as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
| 2 | OTHERTRADINGACTIVITIES | ||
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| 30/09/2025 | 30/09/2024 | ||
| Charitable trading income | 53,135 | 40,611 | |
| Sponsorship | 4,950 | 1,790 | |
| Membership | 15 | 30 | |
| Donations | 5,000 | 2,000 | |
| 63,100 | 44,431 | ||
| 3 | RAISING FUNDS | ||
| Raising donationsand legacies | |||
| 30/09/2025 | 30/09/2024 | ||
| £ | £ | ||
| Field costs | 45,260 | 39,406 | |
| Judges’ expenses | 1,895 | 1,688 | |
| Showing Expenses | 4,089 | 5,687 | |
| Sundryexpenses Advertising AdministrationCosts |
1,490 4,160 585 |
350 1,906 266 |
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| 69,313 | 49,303 | ||
| 4 | NETINCOME/(EXPENDITURE) | ||
| Netincome/(expenditure} is | |||
| statedaftercharging/(crediting) |
| 30/09/2024 | 30/09/2023 | |
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| £ | £ | |
| Depreciation -owned assets | 292 | 100 |
| Finance Costs | 130 | 80 |
| Professional Fees | 3,785 | 232 |
| Insurance | 1,378 | 1,255 |
| 5,585 | 1,730 |
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BRIDGEND COUNTRY SHOW LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
5. TRUSTEES’ REMUNERATION AND BENEFITS
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
There were no trustee’s remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
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BRIDGEND COUNTRY SHOW LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
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Fixtures and fittings
| 6. | Fixed Assets | |||||
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| £ | ||||||
| COST | ||||||
| at 1 October 2024 | 500 | |||||
| Additions | ||||||
| at 30September2025 | 3,560 | |||||
| DEPRECIATION | ||||||
| at 1October2024 | ||||||
| 152 | ||||||
| at30September2025 | 444 | |||||
| 596 | ||||||
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| NET BOOKVALUE | 3,464 | |||||
| £ | £ | |||||
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Stocks Paper,envelopes,ink - DEBTORS:AMOUNTS FALLINGDUEWITHINONEYEAR Otherdebtors 7475 |
- 120 |
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| 7475 | 120 | |||||
| 9. | CREDITORS:AMOUNTS | FALLING DUE WITHIN ONE | YEAR | |||
| Other Creditors | 9500 | 958 | ||||
| 9500 | 958 | |||||
| 10. | MOVEMENT INFUNDS | Net | ||||
| At 01.10.24 | movement in funds |
At | 30.09.25 | |||
| £ | f | £ | ||||
| Unrestrictedfunds | ||||||
| Generalfund | 628 | 2,999 | 3,627 |
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The company is controlled by the trustees/directors.
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BRIDGEND COUNTRY SHOW LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
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11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 September 2025
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