COMPANY REGISTRATION NUMBER: OJ792982 CHABJTY REGISTRATION NUMBER: 1078455 Oswestry And District Agricultural Society Company Limited by Guarantee Unaudited Financial Statements 30 November 2023 Oswestry And District Agrlcultural Society Company Limited by Guarantee Financill Statements Year ended 30 November 2023 Page Trustccs, antlual TCPOrt Independent examiner's report to the t￿￿te¢S Statement of fmancial activitics (including income And expenditure account) Statement of financial position Statement of cash flows Notrs to th¢ financial statemetlts io The following pages do not form part of the financial statements Detailed slatement of financial activiti¢s 18 No￿S to th¢ detailed statement of financial activities 20 Oswestry And District Agricultural Society Company Limited by Guarantee Trusteesl Annual Report Year ended 30 November 2023 Th¢ t￿￿¢5, who aT¢ a150 th¢ dir¢rtor5 for th¢ putpo$cs of company l&w. present thelr rcport and th¢ unawbt¢d fitwic1￿ sthtements of the charity for th¢ y¢8r ¢lld¢d 30 Nov¢nthr2023. Chfilrls report I can hardly believe that I am writitlg my fin31 rwort Ls Show ChaiT]llaD. It bceD a very strange few years and noi how I tmagined it to be when I took on the role as Vice Chaim)an back in 2017. Nobody eollld hav¢ predicted that I would be elected ag chaErMa￿ on a zoom call meeting with no Show for Iwo year5 as crowds uld not gathcrdue to a virns called Covid 19. HOW￿¢r, when ttle Show did return in 2022 it Wa5 a fallta5ti¢ day. 58dly we ca#not uy the same for th¢ 2023 Show. The ODe thing that nobody Ca￿ do anything about is the weather and l think that ￿ PTob8bly tLOd th¢ worst day in the history of the SILOW. 11 was so upsetting after such a great few w¢ek8, when so many rornrnitte¢ membets turned out in good Sp￿lts ro assisi in prepgring the Showground. Everything looked wouderful the eveJ)ing before Show Day. I believe we were extremely lucky to have so many attend on the day and cannot thaTLk our exhibitots. trade stand$ 3ud visitQT5 enough for tUTDirtg out und¢r such terrible tirCumst￿£t$. M%ny p¢ople hav¢ sdid how th¢y ¢ojoy¢d the dAy dwiit¢ th¢ roin but th¢ Sad fa¢t 1$ Ihat it ]Jas ]nad¢ a $ignificattt d¢nt ill our bank baJan¢e. PcTSOTially> I wL5 so di5appoint¢d for our Pr¢sid¢nL David Illis. who has work¢d tiT¢lessly over th¢ years for the Society, forDI￿elY David is a positive charaeter and he with his wife. Lytt. cayried on re88rdless. On bebalf of the Society I would lik¢ to ¢x*nd our grateful thanks to them both foT ¢irryittg out th¢ir duties throughout th¢ y¢ar. It has bc¢n a pl&￿ure to work alongside them and have their support. Although Show Day was not so host¢d an In¢r￿]b[C Prrsid¢TLt's EvcTLing in July. wheD it was lovely to Se¢ 50 Many p¢opl¢ attca(t esp¢tially the yowigei ¢lem¢nL We all enjoy¢d continuous canapé5 and a fantastic Elton John tTibute act which 50m¢thing quitc diff¢[￿t for th¢ Society. Last Sunday saw another change when our annual dinner moved to a luncm it was * wai su¢ce&s attd after the downcast Show wonderful to see so m2ny peopl¢ thkjoyiD thEm￿[V¢S fmm OUT local farming community and beyond" a really sup¢rb afternoon. My thanks 80 to Beth Ellis Natslie Re}￿OIds. Tori Ward and their Social COn￿lttee for organisiJJg such S￿eSSful social evellts. Thank you also to th08¢ who organise. judg¢. sponsor and enter our Field Competitions. The Society greatly apprtciatcs thc suppott from all those who make Show Day possible, from the rnember4 local businesses, trade stattds, sponsor& and exhibitOTS irt all our tlass¢s- to then) l ¢xtend our thanks. Last year we w¢ie fortunat¢ to hav¢ AIIP boud Group as our main syoDsor their contribution LD a difficult year was very importaJ)t and I thank them for their 8¢nerosity. As wt 811 know it is noi att ctsy time for ajjy business and it is becoming barder each year to gaitt new spojjsors, l theTefoTf very ￿t¢￿Il to Malco]th Rob¢rt$ who hos rtectstly a8TL'cd to ￿5151 our office staff with sPor￿rShiP ill th¢ fulur¢. Tht weathtr on Show Day rau5¢d problcJDs for so nwiy people and I wish to Sill￿rely all those wbo Oswestry And District Agricultural Society Company Limited by Guarantee Trustees, Annual Report(¢•AthMe4J Ye*r ended 30 November 2023 assisted in towing vehicles off the ground on thc Day. It was an ctKiIcss and difflcult task and thmkfully no damage was reported to any vehicle. I would also like to thank John Wigley, David Kempster. Prt Hall Farni, the Davies Family, Mlke Harris of TNS atMI Patrick Evans for allowittg us to use their fields and facilities tor parking,. without Ihcir assistancc the Show could not go ahead. I only hope there was not too much damage to tILeii ground This y¢Jr lh¢ park and ride w&8 more importattt than ever attd thank$ musi 80 to Owens Coaches and Osw¢5ty Cattlc Auctions who ￿51St with thi5 ventujt. It was also a difficult day for the Eate staff and thanks go to theEn and Ben HillLdg¢ who h¢lps th¢ on lin¢ sa1¢5 program￿¢ and is a ¢outinu¢d 5UPWkrt throughout the year with our ¢ompuler system5. Despite the inclement weather it was amazing to 5¢¢ such a good turnvut iTh the livestock classes. I pthj gtateflll to Richard Kempster, not an easy fiL8t y¢ar ￿ HoTse Committee Chaimun, and his committee and steward8 for their contributions. A special thank you D]U8t go to Nutman Gr¢¢n who $*pp¢d up *$ a¢(ing Livestock Chairn]3n in a very difficult year, along with Ken Onions who assisted with organising the Welsh National Charol*is Cattlc Show. David Roberts. Chief StcwaTd in the Sheep lin¢5 with th¢ir #ewards and committcc members. Il was an extremely soggy day for all Gonc¢rnd. W¢ also sppi¢¢iat¢ th¢ assista0¢¢ of Alwyn Morris and his helper5 Wtth OTganisittg the Sheep Shearing Competitions. I ext¢nd my grat¢ful thank5 to En¢ert8inm¢nt5 Chairnian, Simon Cjoodall and his Icam who endured a very muddy and at tim¢s ¢mpty Ting du¢ to the terrible ¢u]Mlitions. I tbiok we were probably lucky w have any eBtertainm¢nt al all on th¢ dRy. l a]so wish to thank Doris Thomas attd Montgomcryshire Vinta8¢ Machinery Socjety for thcir supp)Tt. For those who staged ￿tionS indoors it Wo5 a mu¢h b¢ttw day and these Are&s saw many visitors in search of sojne Jnuch needed thelter. My thank$ go to those conunirtees chaited by MeTryll Davies. Publit Seryitts, MI￿are1 Hudson. Horticulturc. Colsn Williarn5, S￿￿1] Liv¢5to¢k, Shirl¢y Willis and Kalbr>m Mottra Women's Institute and ja￿¢5 K¢mpst¢r, ￿lItington aml Oswe8ty YFC. This year Beth Ellis took OTL a new venture pn)m4)ting farniing to school childTen; this w35 favourably r¢¢¢ived and w&8 a 8reai addition to the Show. We thatbk ber for all her hard work with thi5 new idw WThen I took over 08 Chairm8n l knew that I would find th¢ shoW￿￿Vnd aud the JJJ8intrllallce of the buildings more of a chall¢Dg¢ 8nd J am therefore extremely grateful to Huw Manford, Showground Chairnjan, Ashley Willittns, Vice Chainnan, Steve Elromley, Caretaker and Dawid Kempster for not only their support on a very muddy Show Day bui for thcir guidance and support throughout my period in office. Thatlks must also go to Asbley for all his work with the ttew signage which wa8 pwGhas¢d with the monies raised from David North's Charity Lunch in 2022. J am not sure how many p¢4Jple Dotic¢d thtm in thc TaiD but they wTrll be & great bcllefit in th¢ fvtur¢. As always Iatt Morris did a wonderful job of adv¢rtising Show by erecting mathy posters and b￿llers over a Considerable area. During my time irb offirK I have beeth exceptionally grateful to our offi¢¢ $tAff aNi cannot thank MaDdy. ClaTe attd Karen enough for their continued assi5ttfftee. There have been a few ttia15 aTLd tribulatiuns for us io deaL th a]ortg the way but we hav¢ always maTha8ed to come out smiling at thc cnd of the day. Thi5 y¢ar w#5 ind¢ed u difficult Show Day lor them all. Now tbat Karen has de£id¢d to step b￿k from h¢r role in the uffice I would like lo exiend our grateful thank5 to hei for all she has done for tlie Society especially organising the online titkei sales which proved invaluable thig ycar. l also wish to wclcome Lucy Evarts, Haitott Farm to our team 85 th¢ TL¢W Horse Committee Secretary. The So¢i¢ty is very gTrteful to our TreasuTer. Jonathan Hughes who guides us through our fujances each ye4r and a special mention must go lo our Director's who have helpcd mc consid¢Tably. Whcn thiDg$ are going well it is vcry easy to sit back attd continuc with OUT Usual s¢hedule I felt after Covid we n¢eded to get the Show back LW and rUnDIT￿ whatgver the costbut aft¢r a poor y¢aT ID which a £onstderable amousjt of rnon¢y wa$ 105t it has made us all T￿scss the situation. For the flrst time we have had a breakdown of thc costs of marque¢s which has et￿led us to h8v¢ a bettEr idea of budgets for all ar¢as of the Show. We will hav¢ lo tight£n our b¢lts hope for a better Show Day nex* year,. hopcfully it will 4trcnBth¢n the Stsciety moving forward. Oswestry And Distri¢t Agricultural Society Company Limited by Guarantee Trusteesl Annual ReportC¢•fvri##¢d) Year ended 30 November 2023 It been a privilege to havc bcen ChairnN8Th over the past few y¢ar5. as I htve said. it has t￿1 come without problems bui l know I will look back in tim¢ with pride &5 th¢ first f¢male Chairman of the Society. Life is b¢comitLg rathw h￿tiC for ¢v¢rytsne these dtys atxd le$s time czn be given 10 hclping votuntary causes. When I took ovcr as CbairmaD l knew I would hov¢ to d¢l¢g3ts Éome jobs and hoped I would gei your assi8tgnec: L Deed not h&ve worTied #s you th¢ Commii¢ee m¢rtJbus have been so so supporiive for whhch I cannot thank you enough,. it really ha5 been greatly apprcciaicd. My only T¢￿t is that I hoped 10 have tskell the Society forward more ways but due io Covid attd fallout ttme has not allowed me to earry out some of my ideas. It 15 good ¢0 s¢¢ sottke of the youttger elemeDt cotning through attd committee members bringing along their own familie5 to tlelp out especia]ly at our working partie5. long may ti Colltinue. Finally, I would like to thatsk my Vice Chairn184 David Kemp5ter for his support and as8lStance and wish hirn along with Oswestyy & Distri¢t Ayiculttjral Society all the very best for the fijture. Thank you Janet Ward Refernn¢¢ ￿kd *dmlnlstralfv¢ detallg Reglster¢d ehgrlty Oswesty And Distrirt Agri¢ulttyal So¢iery ChgTIty rezistrgthiD Dumbtr 1078455 Comp•Dy reglstr*don number 03792982 PrlD¢lpAI office a•d reglstered office Patt Hall Showground Whittingtojj Rd Oswestry Siwshite SYI 14AS The trustees N.W.L. WhittiDgham J. Hamer P.E. Jolles D.J. Ellis J.F. Hughes M.IL Roberts J M Jtsttes DB Ketnpsler Mrs J. Ward Company secretary Mrs S.A. Robert8 d¢p¢nd¢nt ex*mlDtr J.M Olli¢rFCA 5-7 Beatrice Street Osw¢sty SYII IQE Oswestry And District Agricultural Society Company Limited by Guaratttee Trustees, Annual Report(¢•with￿} Year ended 30 November 2023 Strnctur4 ybvÈrn*nwing I￿￿1 population, who havc much wider interests than purely nwal pursuits. Athitvtm¢nts performance This years show was ¢njoyed by those that attenthd but du¢ to the wet weathei was a finattcial disaster. The r¢&ylts for thc year ar¢ 5¢1 out in th¢ attsched fijxancial ststem¢nts. Flnanclal revk Together with our other activities, incoming resourses of £174,IMI w¢re getteraied12022 - £246,729). The cost of organising and putting ort the show and other a¢tiviti¢s was £248.392 12022 £244,448) r¢suliin8 in a n¢t mov¢m¢nt out of fi￿d5 of £74.351 (2022 - profit £2,281). The laTge defieit was due to the wet wcaih¢r on show day T¢Sulting in a 600/0 reduettoll gat¢ r¢r¢ipts aud the Suciety thajjks ibe sponsors. donors and for eDduTiDg the weather. The Trustee DiTe¢tor5 are satisfied th21 despite th¢ poor fin&nciaJ figL]r¢s. the charities objective5 hBv¢ b¢¢rt met in the faet that th05C5 that Attended the show and thc fccd back from trade st4Th18 was positivc. Oswestry And District AgrA¢ultural Socfiety Company Limited by Guarantee Trustees, ADnual Report Year ended 30 November 2023 P18D5 for futtlre periods The TN8tees are able to report that the 2024 attttu81 show will be hcld on Saturday 3rd August and Ple￿¢d collfttJJLplans are prO￿SsiO8 well. Sm4M c•JnwDy provlsion5 This Teport has beeD prepared in a¢cordattce wilh the provisions applI￿)It to cotnpaoics entitled to th¢ small ¢OTnponies exemption. Th¢ Iruyt¢es' annual report was approved on 22 February 2024 8nd Sign￿ on bel)4lf of the board of ttust¢e$ by.. Mrs S.L Roberts Charity Sectetary Oswestry And District Agricultural Society Company LAmited by Gu*ran¢ee tndependent Examiner's Report to the Truste￿ of osweytry And Dfistrhct AgrlculturAI Society Year ended 30 November 2023 I report to the trustees on my examination of ttle fLnallGial $tJt¢m¢nts of 05W¢stry And District A￿ltu]tUral Society Vthe Charity) for th¢ y¢ar endcd 30 November 2023. ReJpDD5ibilitics b*gis ofr¢port As the trust¢¢5 orth¢ Gompany (aud al$0 its directots for the ptsrposes of coJJJpany taw) you are responsible for the Preparation of the fsDancial 5tatem¢nts in a￿OrdanCe with the requiTeitJcn15 Df the Companies Act 21106 ('thc 21)06 Act,). Having satisfied my$elf that the a¢eounts of the compamy are not required to bc auditcd wider Part 16 of th¢ 2(X>6 Act and aT¢ eligible for iud¢p¢nd¢ni examinatioJL I report in respect of my examinalion of th¢ charity's accounts as carri¢d out und¢r section 145 of the Charitie5 Act 2011 I'the 2011 Act.). In urrying out my examinatiort I hav¢ followcd the Dire¢tioJJs givcn by th¢ Charity Commission wid¢r sectioL 145(5Xb) of the 2011 Ad. Ittdepertdent ¢xamkn¢r'$ $tAt•ment I have completed my exarninatiOD. I confjrm that no njatters have Come to my attention in ¢onnection with th¢ ¢xarnination giving me ¢ause to belicve.. 8ccouniing records wcre not kept in respeet of lh¢ ¢hariry as I￿￿ired by section 386 of the 2006 Act. or the finallcraj statetnents do not accortl with those records,. or the financial 5tat¢TD¢nts do not comply with the accounting rcquiremcnts of section 396 of th¢ 2 Act other than any rcquircmcnt that the a¢￿￿ntS give a 'th]e and fairf view which rs not a matr£r Lknnsidered as part of att iodep¢Lxl¢nt exgminatioJ]' or the fJDancial StateD)￿lS hav¢ ool been prepar￿ th accordance with th¢ m¢thiKls and principles of the Statement of RecommcThd￿ Prtt¢tite for accounting and rep)rting by charitics applicabl¢ t(> charities preparing their accounts in accoTdanr¢ with the Finattctal Reporting Srandard applicable in the UK d Republic oElteland IFRS 102). I hav¢ no Concerns and h8v¢ acr055 no oth¢r matters in conncction with the cxarnin?tion to which attentio)) should be drawn in this rcport in ord¢r to e]thble aproper understsnding of the accounts to b¢ reached. J.M olli￿ FCA llldrp¢n55¢s recogni5¢d itl the year. All income at￿ exp￿)M[e derive fro]ll continuing activities. Tht notu oll p•ge$ 10 to 16 form of these Ilnxn¢i•l st•ttm¢nl Oswestry And District Agricultural Society Company Limited by Guarantee Stgtement of Financlal PositioD 30 November 2023 2023 2022 Fixed 2s5ets TaDgible fixed asscts 14 9&315 113.029 Currtttt #$atts tkbtOT5 Cash 8t battk a￿d in hand 15 1,787 53,471 3,253 105,580 55,258 108,833 Crtdltorg: &mounts falling due within one yeY4r Nrt a88ets 16 8.553 2,202 46.7115 106.631 Total ￿ets less current Ilabilltles I45.￿20 219.660 A¢cTual$ and def¢Tr￿ iDcom¢ 5,838 Net a$$ets 143,780 213.822 FuDd5 of the chaiity Ullttstri¢￿ futmlg 143,780 213.822 Tot*l tharlty funds 17 143,780 213.822 For th¢ year ¢ndin8 30 November 2023 the chariiy was entitled to exemption from audit under section 477 of the Companies Act 2006 relat5ng lo small compani¢5. Dir¢rtQTS' r¢sponsibiliti¢S'. The m¢mbers hav¢ [￿t requircd thc company io obtsin an alldtt of its fijjancial staicmcnts for the year in question in accordance with ￿¢tIOn 476,. The dir¢¢tors acknowledge their responsibilities for eomplying with the tequirements of the Act with r¢sp¢ct to a¢￿untIng Tecords and the preparation of financial slalem¢nts. These fiDancial statements have been prepar￿ in accordan¢e with the provisions Jppli¢able to ¢4)mpanics subject to th¢ small ¢ompani&s' rcgimc. Thcse fmancial tht¢ments wer¢ approved by the board of th]ste¢s and authorised for i&8ue on 22 February 2024. and are signed on behalf of the board by.. J.F. Hugh¢s Trust¢¢ Mrs J. Ward TnLStee Tbt nott8 okn pages 10 to 16 forni part of thESe f￿￿￿£1>1 st*t*m*nt Oswestry And Distrlct Agricultural Society Company Limited by Guarantee Statement of C*sh F]ow5 Year ended 30 November 2023 2023 2022 liows from operAtlng aetlvltles Net (expenditurelliticome (70.042) 2281 Adj￿(Men￿￿or.' Depr¢¢iatioo oftsngible f￿¢￿ 8ss¢ts Dividends, interest and rents from inveslmcnts Other interest re¢eivabl¢ atxd similar in¢onJe Ac¢n￿d income 21,727 (17) (392) (4.598) 21,340 1171 {401 13,8411 ChongES in.. Trad¢ aDd other d¢btors Trad¢ and oth¢r ¢r￿lI0￿$ J.466 6J51 11.681) l7.89l C&sh genera*d frotn opei#tioDs {45,505) In*rcsi rectiv 392 Nei wh (used Énllfrom operalin8 activities {45.1131 17,931 CA$h flow$ froth invtstihg ¥¢tiviti¢¥ Dividends, illtcrc8t and rcnts from investments s¢ of ta]Jgibl¢ a$$¢ts Net cath inyfrom inv¢sting activiti¢$ 17 17,0131 17 16,9961 17 LY¢t Ide¢reastylncrease th ¢a$h and ￿5￿ equlYaleDts Cash cash eq￿1valents at beginning of year (52,109> 105080 17.948 87,632 Cash and c45h eq￿L¥9]ents at end of year 53.471 105,580 The p*gts 10 to 16 hrm ￿rt ofthtst llll*D¢lAI *tAtemeDt Oswestry And District Agricultural Society Company Limited by Guarantee IYote6 to the Flnanclal Statements Year ended 30 November 2023 General information The charity is a public b¢n¢fit entity and a PTivat¢ wmpany limitd by guarJn¢¢¢* regiSt¢￿a in Englawi and Wales atsd a registered charity in England and Walcs. The addrc88 ofthc re￿St¢re￿ office is Park Hall Show8round. Whittington Rd, Oswestsry. Shropshjre, SYII 4AS. St4terneDt of coJnpli&nce These financial statements have been Prepared in conwlian¢e with FRS 102, Thc Financial Reporting Standard applicable in th¢ UK and the Rcpublic of Ircland,, Ihc Statctncnt of Recommended Prtctic applicable to charities preparing their account5 ill accordance with the Fillancial R¢port2Dg Standard applicable in the UK and Republic of I￿land {FRS 102) (Charities SORP IFRS 102}) a[￿ th¢ Compani¢s A¢¢ounting polities Ba8ls of prep#r•tion The fiJatt¢ial sta¢eJnents have been prepared on the historic81 ¢ost b&si4 as modifJ¢d by the rev81u&tion of ¢ertain f￿ancial assets attd liabilities and iDveslmeDt propertie5 measured at fair valu¢ thTough incom¢ OT ¢xp¢nditure. Th¢ finmcial st•t¢ment$ are prqTraT¢d in $t¢rling. whi¢h is th¢ fimctiottal currency of the erltity. Golng toncern At the time of approving the fJnanci?1 S￿erne￿ts, th¢ tru51¢¢5 hwv¢ a T¢a50nabL¢ ¢xpectaiiott thai Lbe chariiy ha5 adequat¢ T¢sources lo conlinue ill operntiortal exislance lor th¢ foreseeable futur¢. Thus th¢ trustees tontinue to adopt the going conccrn basis of ac¢ouftting iTJ PT¢paring ih¢ financial slatements. Judgements key wurces of ￿ntert￿Illty The preparation of thc f￿anCial 5tatement$ r¢quire8 matjagement ￿ ll￿ke judgements. estimates and assumptions thai af(ect the amounts reported. These e5tiTnates aud judgements are wnlinually reviewed and art based on exp¢Ti¢llC¢ and oth¢r fa¢tors. including cxp#taiions of future events that bcli¢v¢d to be r&wnable under the C￿¢t￿n5tallc¢$. Fund •¢¢fjuntlDg Unrestricted funds ar¢ available for llse at the discretion of the t￿￿¢¢¢5 to furth¢r any of the ¢hariWs purposes. D¢5igDat¢d fund$ are unrestricted funds c4rnwk¢d by the ts￿ste¢S for particular futurc projcct or Re51ri¢ted fvnd$ 8re subjeeied to restrictions ott th¢ir ¢xp¢ndiDJre declared by the th)nor or through th¢ tern￿ of an appeal, and fall into othe ot'two sub-class￿. r¢strict¢d itLcome fimd5 or ethdowryncnt fvnds. io- Oswestry And Dlstrlct Agricultural Society Company Limited by Guarantee otes to the Flnan¢i21 Statements {c•NtINMdJ Year ended 30 November 2023 Accounting policie5 Incoming re80urees All incoming re$owces ar¢ included itt th¢ ytstemettt of financial activities when entitlement has passed tts th¢ charity. it is PTobabl¢ that th¢ %QllVTni¢ b¢n¢fil¥ a&S￿lated with the traosaction will now kn th¢ charity and th¢ amount can be reliably m¢awred. The follothing spe¢ifi¢ wklici¢s are applied to pam"cular categorie8 of income: income from donations or grants is r¢cogni8ed wh¢n there is ¢vid¢ti¢¢ of ¢tttstJ¢ment to the gi receipt is probable and its arnouni can be measured reliably. 1¢8i¢y 1$ r¢cogoi%d wh¢n r¢¢¢ipi is prob*ble attd entitlement is established. incom¢ from donakd goods is m¢a5ur¢d at th¢ fair v&iu¢ of the goods llrtiess thts 18 impractic4I 10 measur¢ reliably, in which Ca￿ the valu¢ is d¢riv¢d from th¢ ¢0st to th¢ dO￿T or the ¢stimated resttle value. Donat¢d fa¢ilitie$ and servi¢¢s Ar¢ r¢co8ni8ed in the accounts whcn rcceived if the value ca reliably measured. No arnounts are included for the contribution of general voluni¢ers. ill¢om¢ from ¢ontra¢ts foi the supply of S¢TVi¢¢S is recogtiis¢d with the delivery of the CODtracted Service. This is classified as unre$¢nCt￿ funds unl¢ss th¢r¢ is a ¢ontr8dual requir¢rnettt foT It 10 be 8PCDt on a p*ticular purpos¢ and returned if unspcnL in whicb cas¢ it may k rcgarded as r¢5trictc¢l ReSOUT¢¢J ¢SPtthded Expenditure 18 reco8ni8ed on att accru&l8 basis as a liability is incurred. Expenth'ture Includes aDy VAT which ¢allnoi b¢ fully recovered and is ¢lassified under headings of th¢ $tst¢ment of f￿￿￿la1 activlties to which it relat¢5'. ¢Kpcnditur¢ on raising fund5 includes the costs of all fimilrai5ing a¢tiviti¢8, ¢v¢nt$. JJon-¢h¥itable trading activiti￿ 8nd th¢ saje of donated goods. expendiThre on ¢lwitable aGtivitie$ sttcludes all ¢osts irtcu￿￿ by a ¢harity irt und¢rtaking activitie8 that fi]rther its charitsbl¢ ainls for the benefit uf its benefLciaries, illcluding those 8UPIM>rt costs and costs r¢Juting to th¢ governHnc¢ ot'th¢ charity apportion¢d to charitable activities. other expeuditur¢ itsGlud¢s all exp¢ndilur¢ that is ntithet re]ated to raisitig for the ¢batily nor partof its expenditure on charitable activrtits. All costs are allocat¢d io expenditure cat¢gorLeS r¢tl¢cting the usc of the resou￿¢. Dirxt Costs attributabl¢ to a single acljvity are allocated directly to thai activity. Shared costs aT¢ apportioned between th¢ activili thcy tontriburc to ort a rewnabl¢, ju5tifiabl¢ and consistent basis. Tanglble fisÈets Tangible asF¢ts are initially r¢Gorded at W5¢ aTLd subsequently stated at Cost 1¢55 acaunulat¢d depreciation alld impairment losses. The 8aitk or lo&% on the disposal on the disposal of an asset is determincd as thc difference between the sale proceeds attd th¢ carrying vallle of thc fixed assel and is r¢¢ogois¢d in th¢ $tat¢m¢nL of fina]JGia] &tiviti¢s. Oswestry And District Agriculthral Society Company Limited by Guarantee Notes to the Flnanclal Statements Year ended 30 November 2023 ACCO￿￿ting politles Depreclatlon D¢pr¢ciation is ¢ilrulated so as to wri* off the tO8t or valuation of att &%sei less its residllal vallle, over the useful e¢ottomic life of that &sset as follows.. Fixtures aJ)d fittings Plant and equipment Propcrty ]ll￿rov¢t￿¢nts 15ts/4 straight line 250/4 reducing balance IOO/ty Straight line Tnbpairrnenl of fixed assets At cach reporting date. the charity revicw% thc ¢#rrying amounts of its tangible assets to detemine wh¢ther th¢r¢ 1$ any indicatiott thai those assets have Suffered an impairment loss. if such indication exists. tbe iecoverable a￿oUrt1 of the asset is estimaicd in order lo deterniine tbe ext¢nt of impairnient loss 9if anyo. Fin4ncig1 instruments The charity holds basic financiwl instrum¢nt5 a5 d¢fitted by FRS 102. The fillatscial sssrfs and liabilities of the charity and theirmeasurements ar¢ &8 follows.. Fitiancial assets- trade and othtt d￿)￿rS ar¢ basic finwial instNm¢nts and are debt in5twmcnts measured at amoTti5¢1E ¢05t. Prepaytnettts not fittartcial instruments. Cash a¢ battk and deposit accounts - is classified a3 a basic financial instrumcijt atsd is measured at face value. Financial liabilities tod¢ ¢reditor8. ac¢nLals and other creditors are financial inStn￿¢￿ty aThd ar¢ measured at amort15ed cost. T￿9¢10￿ Hnd oth¢r sotial $c¢urity 8re not includcd in fittanciai instruments di￿[0$￿￿¢. Dcfttted income is not deemed to bc a financial liability. 35 the c&8h s¢ttl¢n]¢nt has aiieady taken pl%¢ and there is an ubligxiion lo de]iver setwiees rather Ihan cash or other Cinatlcial slatem¢nt. Llmlted by guarantee Th¢ So¢iety 1$ a ¢ompatty ]imited by guarantee and doc5 not havc a sh&TE wiitsl. Reserves toralling £120,372 within the above general funds are in respect of SUTpIu5¢5 a￿Um￿lated before the io¢orporAtiOn of the charity. These reS¢ry￿ are untestricted. DoDxtion$ #md legatl UrLrcstricted Total Futtd$ Fund5 2023 Uthrestri¢t¢d Totsl Funds Funds 2022 Donotion5 Donations 2.625 2.625 10,5 10,500 Grants Grants receivable Shrop5hir¢ Cowity Council 4.000 4,000 2,625 2,625 14.500 14,500 12- O$westry And District Agricultural Society Company Limited by Guarantee Notes to the FiDanci#l Statements l¢•Athu¢ YeAr ended 30 November 2023 Charitable activities UJJrestricted Totsl Funds Unreslricted Total Funds Fw)d$ 2023 Funds 2022 Membership and subscriptions Show income and enty fees Priz¢ dottations and 8ponsoYship Show supporters fut Sbowground and pavilion lettin 19,097 99,625 7.393 5.000 39,396 19,697 99,625 7,393 5.01)0 39J96 19.283 160,844 7.1>08 19283 160.844 7.008 45.037 45,037 171.111 232.172 232.172 Investment ineome UnTestri¢ted Totsl Funds UtUe8tricted Totsl Funds Funds 2023 Funds 2022 Incomc from Tent received Bank interest receivable Other interest ￿E1vablE 17 308 84 17 17 40 17 409 41J9 57 57 ExpeRditure on ¢b#ritsble *diYltles by typ¢ Unresrricted Total Fund5 Ullr¢stri¢t¢d Totsi Fun(L% Funds 2023 Futtds 2022 05w¢sty Sbow ond sbowgtouttd leUiti8$ Support costs 191,690 52,497 19100 52,497 191,520 52,928 191,520 52.928 244,187 244,187 244,448 244.448 £I￿nd11￿re om ¢h•rltsbl¢ •¢¢iYities by activity typ¢ Activities undcrtaken directly SLVPOrte05ts Totsl fuDd$ 2023 Total fund 2022 Oswestry Show and showground lettings 191.690 52.497 244,187 244,448 10. Net (txptlldlturelthitome Net l¢xpendiDJrelfsncome is stated after ¢￿gi￿g/(CredItingl'. 2•23 2022 D¢pr¢¢iation of tatt8ibl¢ ¥s¢ts 21.727 21,340 13- Oswestry And District Agricultural Society Company Limited by Guarantee Note5 to the Financial Stgtements Year ended 30 November 2023 11. Independent eIamlnatlon fees 2023 2022 F¢cs payablc lo the independent ¢xaminer for. Independent eXaM￿￿tiO[l of the financial statetnents 408 378 12. Staff e05ts Th¢ avetage h¢4d ¢ou#t of ¢tnploy¢es duTing th¢ year wa$ 4 (2022.. 6). The av¢tag¢ nUTnb¢r of full-liuje CquiV￿¢nt cmployees durin8 the year is analysed as follows.. 2023 2022 Numb¢r of staff Number of other statT No employe¢ re¢¢iY¢d employ¢e ben¢fits of mor¢ than £60,(MK> dwing th¢ y¢ar12022.. Nil). 13. Trnstet remuntrallon and txptllses No or other benefits froTll e]nploym¢nt V￿th the charity or a related entity were received by the trustees, other Ihan.. The wife of D.B.KernpsleT, a trustee. rtteAved gross wages of £¥.092 during the ycar. Garncr Pugh & Sinclair, a firni in whTGh th¢ TT¢Jsuf¢T 15 a partn¢r rcccivcd £468 in rcspcct of running the payroll onbehalf of the charity on norn￿1 trading tern￿. J4, T*D¥1b￿ Ilx¢d as$Èts Land and Fixtures and biiildirtgs fitting$ Property Equipm¢nt improv¢m¢nts Totil C05t At l December 2022 Additions Tr4nsf¢fs 45282 9,107 24,379 7,013 286,734 365,502 7,013 (2,5621 2.562 At 30 Flovember 2023 42,720 9,107 31,392 289,296 372,515 Deprtthtlon At l D¢c¢mb¢r 2022 Charge for the year At 30 November 2023 7.673 215 20.524 1,454 224,276 20.058 252,473 21,727 7,888 21,978 244.334 2743011 Carrjdng At 30 P4oYember 2023 42,720 1.219 9,414 44,962 98a15 113,029 At 30 Ntsv¢mb¢r 2022 45.282 l.434 3.855 62,458 14- Oswestry And Dtstrlct Agricultural Society Company Lijnited by Guargnt¢e Notes to the FiDanthl Statements ic Year ¢nd¢d 30 Noven)ber 2023 15. Debtors 21123 2022 Trade debtorg 1.787 3.253 l& Creditors: amounts f8lliDg due Fithin one ye*T 2023 2022 Trade crediiors SDcd security and other ￿t$ Oth¢r ¢r¢ditors 2545 1.48 222 5QO 6JlOO 8J53 2202 17. A**lysis of ¢h#ritsble fpnds Unrestriettd fuAd5 Ai l D￿be￿ 20 At 30 Noyember 2023 Income Exp¢nditUT¢ Transfers 213,822 174.145 (244.187) 143,780 At l December 20 21 At 30 Novcmbcr 2 022 In¢ome Expendilllr¢ Transfers Gencral fiuMIs 101,991 246.729 (244.448) 109.550 213,822 G¢nenl Funds in¢lude r¢5erYes of £120.372 i]J re5pe¢¢ of su￿lust$ a¢¢umulited before the incorp)ration ofthe Ch￿lty. Tlkese resetves are utLtestricted. 15- Oswestry And District Agrlcultsral Society Comp*ny Limited by Guarantee otes to the Finan¢ial Statements (c•wiprKdJ Year ended 30 November 2023 18. Analysis of net a##ets btthetn fund5 Unr¢$tri¢ted Totsl Fund$ 2023 Tangible fbxed ass¢ts 98.315 55,258 19,793} 143.780 98.315 55258 {9,7931 Creditor5 less than l year Net assets 143.780 Unrestri¢ied Total Funds Funds 2022 Tangibl¢ fixed as8ets' Current assets CredI￿rS less l year Net ￿Sets 113,029 108,833 I8.￿0} 113.029 108.833 18,040) 213.822 213,822 19. Analysis of ch8nys ID net debt Al 30 Nov 2023 At l Dec 2022 Cash flows Cash at bat)k and in harld 105.580 (52,109) 53J71 16- 08westry And District Agrieultural Soelety Company Limited by Guarnnt Management Information Year ended 30 November 2023 The lolloythg pag¢$ do part of the State￿¢￿ts. 17- Osivestry And District Agricultural Society Company Limited by Guarantee Detailed Statement of Financi41 Activities Year ended 30 November 2023 2023 2022 Ihcomt and endowments Donaliorts Grattts r¢¢¢iv¥bl¢ Shropshire Couthty Couth¢il 2,625 10.500 4.000 2h25 14,500 Ch*rl¢Abk *¢¢lvltI Membership attd subscriplions Show itscome al￿ ¢nty ftts Priz¢ donations and spon80T5bip Show 8UPPOrters fund Showground attd pavilion Icttings 19.697 99,625 7J93 5.000 39J96 L9283 160,844 7,008 45,037 232.172 Investment lrt¢ome Jthcom¢ from renl reccivcd B￿k interestyeceivable Other itxterest receivable 17 308 17 40 409 57 174.145 246,729 Eipendlture Expcnditurt ¢harltsbJt atlfvltles Wagcs and salari¢s Rates and w&teT Light and h￿1 Rep8irs and mainteDaDce InsurJnG¢ Le¥ul and ptofessi4)ttal fees Telephon¢ Depreciaiion Showday costs Printing, post2ge & stationery Sundry cxpcnses Donations 30J41 2,735 12,942 18,045 8,014 1,1176 lJ78 21,727 141,170 4,87 1,740 24Y 38286 2,422 4.515 33.803 6,R33 3,789 1220 21,340 122.687 4212 3,316 2,025 244,187 244,448 Total ¢xp¢ndltur¢ 244,187 244,448 18- Oswestry ADd District Agricultural Soclety Conlpxny Limiied by Guarantee Detalled Statement of Flngn¢lg1 ￿¢t[￿tieS Year ended 30 November 2023 2023 2022 Net (expenthreylncome (70,042) 2281 19- Oswestry And District Agricultural Society Company Limited by Guarantee Notes to the DetAlled Statement of Financial Activitie5 Year ended 30 November 2023 2023 2022 Expendlture on tbarltablt attivitie5 05westry ShoJY artd showground l¢ttlDgB Aclivilie5 uKdertaken direc Repairs & grouttd maintcnance In5uran¢e DeptecAauoD Showday costs and compctltion prizcs Printiti& post8ge & stationery Sundry expenses Donations 15,477 8,014 20,527 141.170 4J13 1.740 249 32.392 6.833 20,055 122,687 4,212 3,316 2,025 191,690 191,520 Smpporl eosts Wages and salarics Ratrs, Water & refuse collection LiBhi, heat and power SoftwaTC & tT support Legal & ptof¢$$ional fees T¢l¢phone aTMI broadband Dep￿lation Batsk and card chorg¢s 30.341 2,735 12.942 2.508 1.076 1378 1200 357 38,286 2,422 4.515 3.789 1,220 1285 52.497 52,928 p•dltllre on eharftable aetivities 244,187 244.448 20-