2022-07-31-accounts

							Page
Trustees' report							1-8
Auditors' report							9-12
Consolidated	statement of financial	activities					13
Statement of	fmancial activities
Consolidated	summary income and	expenditure			account		15
Consolidated	balance sheet						16
Balance sheet							17
Consolidated	statement ofcash flows						18
Statement of	cash flows
Notes to the consolidated financial		statements					20-34
The following	pages do not form part		ofthe	statutory		accounts:
General income and expenditure account							35
English Winter Fair income and expenditure				account
County Show	income and expenditure		account				37-38

Company	Information
Directors		R Madders
		M Thompstone
		N Edge
		C Meynell
		M J Williams
		M R Heenan {Appointed 2S'" November		2021)
Secretary	LChief Executive	R C Williams
Company	number	03682748 (England IWales)
Charity number		1073166
Registered	Office	The County Showground
		Weston Road
		Stafford
		ST18OBD
Auditors		Dyke Yaxley Limited
		8 Hollinswood	Court
		Stafford Park	1
		Telford
		Shropshire
		TF3 3DE
Accountants		Deans
		Gibson House
		Hurricane Court
		Hurricane Close
		ST16 1GZ
Bankers		National Westminster
		Greengate Street
		Stafford
Solicitors		Pickering 5 Butters
		19,Greengate	St
		Stafford
		ST162LU

							Unrestricted	Restricted	Total	Total
						Note	Funds	Funds	2022	2021
income from:
Donations and		voluntary	income				48,040		48,040
Charitable activities							738,273		738,273	40,280
Other trading		activities	for generating		funds		1,118,054		1,118,054	530,736
Investments							289		289	1,241
Other							6,909		6,909	6,719
Profit on disposal oftangible				fixed assets			349,447		349,447
Total income							2,261,012		2,261,012	578,976
Expenditure on:
Raising funds							1,086,992		1,086,992	581,752
Charitable activities							636,282		636,282	7,263
Other							39,257		39,257	89,849
Total expenditure							1,762,531		1,762,531	678,864
Net income / (expenditure)							498,481		498,481	(99,888)
Transfers between		funds
Other recognised	gains/(losses)
Depreciation	on revaluation			of fixed	assets		(464,734)		(464,734)	(464,734)
Net movement in	funds						33,747		33,747	(564,622)
Reconciliation offunds:
Total funds brought		forward					20,958,316		20,958,316	21,522,938
Total funds carried		forward				15	20,992,063		20,992,063	20,958,316

							Unrestricted	Restricted	Total	Total
						Note	Funds	Funds	2022	2021
Income from:
Donations and		voluntary	income				99,790		99,790	38,238
Charitable activities							738,273		738,273	40,280
Other trading		activities	for generating		funds		69,035		69,035	3,166
Investments							40,789		40,789	1,241
Other							6,909		6,909	6,719
Profit on disposal oftangible				fixed assets			349,447		349,447
Total income							1,304,243		1,304,243	89,644
Expenditure on:
Raising funds							174,143		174,143	105,933
Charitable activities							652,782		652,782	7,263
Other							39,257		39,257	89,849
Total expenditure							866,182		866,182	203,045
Net income / (expenditure)							438,061		438,061	(113,401)
Transfers between		funds
Other recognised	gains/(losses)
Depreciation	on revaluation			of fixed	assets		(464,734)		(464,734)	(464,734)
Net movement in	funds						(26,673)		(26,673)	(578,135)
Reconciliation offunds:
Total funds brought		forward					20,906,564		20,906,564	21,484,699
Total funds carried		forward				15	20,879,891		20,879,891	20,906,564

					2022	2021
Gross income ofcontinuing	charitable		operations		793,511	48,240
Continuing non charitable	trading activities			income	1,118,054	530,736
					1,911,565	578,976
Total expenditure ofcontinuing		charitable		operations	685,890	97,495
Continuing non charitable	trading activities			expenditure	1,076,641	581,369
					1,762,531	678,864
Net income for the year before		transfers			149,034	{99,888)
and investment asset disposals
Profit on disposal offixed	assets				349,447
Net income for the year					498,481	{99,888}

				Notes	Unrestricted	Restricted	Total	Total
					Funds	Funds	2022	2021
Fixed assets
Tangible assets				9b	19,963,784		19,963,784	20,738,586
Current assets
Debtors					54,458		54,458	91,520
Cash at bank					1,072,176		1,072,176	571,637
					1,126,634		1,126,634	663,157
Creditors: amounts		falling due
within one year				12	(98,355)		(98,355)	(179,744)
Net current assets					1,028,279		1,028,279	483,413
Total assets less	current		liabilities		20,992,063		20,992,063	21,221,999
Creditors: amounts		falling due		after
more than one year				13				(263,683)
Net assets					20,992,063		20,992,063	20,958,316
Represented by:
Unrestricted		funds		15	4,584,459		4,584,459	3,929,978
Restricted	funds			15
Revaluation		reserve		15	16,407,604		16,407,604	17,028,338
					20,992,063		20,992,063	20,958,316

			Notes	Unrestricted	Restricted	Total	Total
				Funds	Funds	2022	2021
Fixed assets
Tangible assets			9a	19,963,784		19,963,784	20,738,586
Investments			10	2		2	2
				19,963,786		19,963,786	20,738,588
Current assets
Debtors				5,924		5,924	40,643
Cash at bank				963,200		963,200	536,595
				969,124		969,124	577,238
Creditors: amounts		falling due
within one year			12	(53,019)		(53,019)	(145,579)
Net current assets				916,105		916,105	431,659
Total assets less	current liabilities			20,879,891		20,879,891	21,170,247
Creditors: amounts		falling due	after
more than one year			13				(263,683)
Net assets				20,879,891		20,879,891	20,906,564
Represented by:
Unrestricted		funds	15	4,472,287		4,472,287	3,878,226
Restricted	funds		15
Revaluation		reserve	15	16,407,604		16,407,604	17,028,338
				20,879,891		20,879,891	20,906,564

							Year ended		Year ended
				Note			31July 2022		31July 2021
Net	cash flows from operating	activities					240,384		48,637
Cash flow from investing activities
	Payments to acquire tangible		assets		{35,301)
	Proceeds from sale ofassets				594,100
	Interest received					289		741
Net	cash flows from investing	activities					559,088		741
Cash flow from financing activities
	New Loans in the year
	Repayment of long term	loan			(293,835)
	Interest paid				(5,098)			(6,585)
	Repayment of hire purchase		liabilities
Net	cash flows from financing	activities					(298,933)		(6,585)
Net	increase/(decrease) in cash and cash equivalents						500,539		42,793
Cash and cash equivalents at		the start ofthe year					571,637		528,844
Cash and cash equivalents at		the end ofthe year					1.672,176		571,637
							Year ended		Year ended
							31July 2022		31July 2021
1	Cash enerated from o	erations					E		f
	Net movement in funds						33,747		(564,622)
	Building society interest	received					(289)		(741)
	Bank loan interest paid						5,098		5,111
	Depreciation charge of tangible assets						565,451		570,762
	Profit on disposal ofassets						(349,447)
	(Increase) / decrease in	debtors					37,062		(5,840)
	Increase / {decrease) in	creditors					(51,238)		43,967
							240,384		48,637
					At 1August		Cash	Other non	At 31July
					2021		Flows	cash changes	2022
					E		E	E	E
	2 Anal sisof Chan es in net debt
	Cash and cash Equivalents
	Cash				571,637		500,539		1,072,176
	Borrowings
	Debt due within one year				(30,152)		30,152
	Debt due after one year				(263,683)		263,683
					(293,835)		293,835
	Total				277,802		794,374		1,072,176

								Year ended		Year ended
					Note			31July 2022		31July 2021
Net	cash flows from operating		activities					166,450		28,577
Cash		flow from investing activities
		Payments to acquire tangible		assets		(35,301)
		Proceeds from sale ofassets				594,100
		interest received					289		741
Net	cash flows from investing		activities					559,088		741
Cash		flow from financing activities
		New Loans in the year
		Repayment of long term	loan			(293,835)
		Interest paid				[5,098)			(6,585)
		Repayment of hire purchase		liabilities
Net	cash flows from financing		activities					(298,933)		(6,585)
Net	increase/(decrease) in cash and cash equivalents							426,605		22,733
Cash		and cash equivalents at	the start ofthe year					536,595		513,862
Cash		and cash equivalents at	the end ofthe year					965,200		556,595
								Year ended		Year ended
								31July 2022		31July 2021
1		Cash enerated from o	erations					E		E
		Net movement in funds						(26,673)		(578,135)
		Building society interest	received					(289)		(741)
		Bank loan interest paid						5,098		5,111
		Depreciation charge oftangible assets						565,451		565,593
		Profit on disposal oftangible		fixed assets				(349,447)
		(Increase) / decrease in	debtors					34,719		(31,377)
		Increase / (decrease) in	creditors					(62,409)		68,126
								166,450		28,577
						At 1August		Cash	Other non	At 31July
						2021		Flows	cash changes	2022
						E		E	E	E
	2 Anal sis of Chan es in net debt
		Cash and cash Equivalents
		Cash				536,595		426,605		963,200
		Borrowings
		Debt due within one year				(30,152)		30,152
		Debt due after one year				(263,683)		263,683
						(293,835)		293,835
		Total				242,	760	720,440		963,200

		2022	2021
Turnover		1,065,019	527,570
Cost ofsales		184,312	3,236
Gross Profit		880,707	524,334
Administration		768,537	474,918
Operating Profit		112,170	49,416
Interest payable
Profit before	taxation	112,170	49,416
Profit after taxation		112,170	49,416
Less rent paid to SBAS
		112,170	49,416
Corporation	tax		2,334
		112,170	51,750
Amount gift	aided to SBAS	(51,750)	(38,238)
		60,420	13,512

3	Income					2022	2021	2022	2021
						Group	Group	Company	Company
								E	E
	Incoming resources from		generated		funds
	Donations and voluntary		income
	Donations					2,139		2,139
	Sponsorship					45,901		45,901
	Gift aided							51,750	38,238
						48,040		99,790	38.238
	Income from charitable	activities
	Proceeds from shows					690,418		690,418
	Members subscriptions					47,855	40,280	47,855	40,280
						738,273	40,280	738,273	40,280
	Income from other trading activities				for
	generating funds
	Primary purpose oftrading subsidiary					1,049,019	527,570
	Branch income					69,035	3,166	69,035	3,166
						1,118,054	530,736	69,035	3,166
	Income from investments
	Interest - building	society				289	741	289	741
	Licence fee						500	40.500	500
						289	1,241	40,789	1,241
	Otherincome
	Sundry income					6,909	6,719	6,909	6,719
	Profit on sale oftangible			fixed assets		349,447		349,447
						356,356	6,719	356,356	6,719
						2,261,012	578,976	1,304,243	89,644

4	Expenditure							2022	2021	2022	2021
								Group	Group	Company	Company
	Costs ofgenerating				funds
	Expenditure	on raising				funds
	Social funds							10,351	383	10,351	383
	Depreciation			(including			restricted)	100,717	100,859	100,717	100,859
	Subsidiary		expenses				—Staff costs	332,790	250,798
							- Depreciation
							—Branch expenses	63,075	4,691	63,075	4,691
							-Other	580,059	225,021
								1,086,992	581,752	174,143	105,933
	Expenditure	on charitable					activities
	Grants							8,200		8,200
	Cost of	shows						628,082	7,263	644,582	7,263
								636,282	7,263	652,782	7,263
	Other support		costs
	Governance							13,442	26,130	13,442	26,130
	Finance							12,731	15,964	12,731	15,964
	Other							13,084	47,755	13,084	47,755
								39,257	89,849	39,257	89,849
								1,762,531	678,864	866,182	203,045
	Included in	governance				costs above are the following:
	Accountants			and audit			fees	7,035	6,965	7,035	6,965
	Legal fees							6,407	19,165	6,407	19,165
								13A42	26,130	13,442	26,130

5	Auditor's remuneration	2022	2021
	Fees payable to the charity's auditor for
	the audit ofthe charity's annual accounts	3,600	3,400
	Fees payable to the charity's auditor for
	the audit ofthe charity's subsidiaries	2,440	2,300

The average monthly number ofp company during the year was:	ersons, including executive dire	ctors, employed	by the group an	d the
	ZOZZ	Z021	2022	2021
	Group	Group	Company	Company
Governance
The total staff costs and employee	benefits was as follows:
	2022	2021	202Z	2021
	Group	Group	Company	Company
Wages and salaries	284,676	209,699
Socia I security	28,319	24,669
Other pension costs	19,795	16,430
	332,790	250,798

	The number ofemployees	who received total employee	benefits	(excluding employer	pension costs)
	ofmore than E60,000 is as	follows:
			2022	2021	2022	2021
		Group		Group	Company	Company
	E70,001 —f80,000
8	Interest payable and similar charges
			2022	2021	2022	2021
		Group		Group	Company	Company
			E	E	E	E
	Bank loans		5,098	5,111	5,098	5,111
			5,098	5,111	5,098	5,111

Tangible fixed assets - Company
		Fixtures,
		fittings and
	Properties	equipment	Total
	E	E	E
Cost or valuation
At 1August 2021	23,689,965	1,109,680	24,799,645
Additions		35,301	35,301
Disposals	(240,000)	(11,630)	(251,630)
At 31July 2022	23,449,965	1.133,351	24,593,316
Depreciation
At 1August 2021	3,144,506	916,553	4,061,059
Charge for the year	528,863	36,588	565,451
yyritten off on disposal		(6,978)	(6,978)
At 31July 2022	3,623,369	946,163	4,619,532
Net book value
At 31July 2022	19,776,596	187,188	19,963,784
At 31July 2021	20,545,459	193,127	20,738,586

Tangible fixed assets - Group
		Fixtures,
		fittings and
	Properties	equipment	Total
	E	E	E
Cost or valuation
At 1August 2021	23,689,965	1,109,680	24,799,645
Additions		35,301	35,301
Disposals	(240,000)	(11,630)	(251,630)
At 31July 2022	23,449,965	1,133,351	24,583,316
Depreciation
At 1August 2021	3,144,506	916,553	4,061,059
Charge for the year	528,863	36,588	565,451
Eliminated on disposal		{6,978)	{6,978)
At 31July 2022	3,673,369	946,163	4,619,532
Net book value
At 31July 2022	19,776,596	187,188	19,963,784
At 1August 2021	20,545,459	193,127	20,?38,586

2022	2021
E	E
2	2

Debtors
			ZOZ2	2021	2022	2021
			Group	Group	Company	Company
				E	E	E
Trade debtors			34,260	46,496	3,900	2,000
Prepayments		and accrued income	17,326	42,690	2,024	38,643
Deferred	tax	asset	2,872	2,334
Amounts	owed by group undertakings
Other debtors
			54,458	91,520	5,924	40,643

Creditors"	. amo	unts falling due within one y	ear
			2022	2021	2022	2021
			Group	Group	Company	Company
			F.	E	E
Trade creditors			28,270	10,438	1,343	3,210
Other taxation		and social security	303	6,716	303	303
Accruals			20,726	112,950	10,166	88,539
Sank loans and		overdrafts		30,152		30,152
Amounts	from	group undertakings			19,428	19,428
VAT			49,056 98,355	19,488 179,744	21,779 53,019	3,947 145579,

13	Creditors: amounts	falling due after more than one year
		2022	2021	2022	2021
		Group	Group	Company	Company
		E	E		E
	Bank loans and overdrafts		263,683		263,683
			263,683		263,683

	The following	secured	debts are	included within c	reditors:
							2022	2021
								E
	Bank loans							293,835
								293,835
15	Funds - Company
				Revaluation	Restricted	Unrestricted	Unrestricted
				reserve	funds	funds	funds
						General fund	Prize fund	Total
					E	E	E	E
	Balance at 1August 2020			17,493,072		3,991,527		21,484,699
	Net movement	in funds				(113,401}		(113,401)
	Depreciation	on revaluation		(464,734)				(464,734)
	Closing value	of funds		17,028,338		3,878,126	100	20,906,564
				Revaluation	Restricted	Unrestricted	Unrestricted
				reserve	funds	funds	funds
						General fund	Prize fund	Total
					E	E	E	E
	Balance at 1August 2021			17,028,338		3,878,126	100	20,906,564
	Net movement	in funds				438,061		438,061
	Depreciation	on revaluation		(464,734)				(464,734}
	Transfer on property		disposal	(156,000)		156,000
	Closing value	of funds		16,407,604		4,472,187	100	20,879,891

Funds - Group
			Revaluation	Restricted	Unrestricted	Unrestricted
			reserve	funds	funds	funds
					General fund	Prize fund	Total
				E	E	E	E
Balance at 1August 2020			17,493,072		4,029,766		21,522,938
Net movement	in funds				(99,888)		(99,888)
Depreciation on revaluation			(464,734)				(464,734)
Closing value	of funds		12,028,338		3,929,878	100	20,958,316
			Revaluation	Restricted	Unrestricted	Unrestricted
			reserve	funds	funds	funds
					General fund	Prize fund	Total
				E	E		E
Balance at 1August 2021			17,028,338		3,929,878		20,958,316
Net movement	in funds				498,481		498,481
Depreciation	on revaluation		(464,734)				(464,734)
Transfer on property		disposal	(156,000)		156,000
Closing value	of funds		16,407,604		4,584,359	100	20,992,063

year	end a	re	as follows:
				2022	2021
				E	E
Due	within	1	year	7,764	7,764
Due	between		2 and 5years	5,823	13,586
				13,537	21,350

Limited a	nd had the following transacti	ons	w	ith the subsidiary:
					2022	2021
Amounts	received from Stafford Showground			Limited:
Licence fee					40,000
Amounts	paid to Stafford Showground	Limited:
Management charges					16,000
Amounts	due to the Stafford Showground		Limited:		19,428	19,428