REGISTERED COMPANY NUMBER: 03780524 {En￿ond wnd Wales) REPORT OF THE TRUSTELS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED Ji ocfoBER 21)23 FOR NORTH LON.*•DALE A(:IUCULTURAL SOCIETY NORTH LONSDALE AGRICULTURAL socJKrY CONTENfs OF THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2011 Re￿rt ofiht Tnu¢tt8 ExwDln¢r's Report Stalen￿￿¢ •)f FlnandAI Actlvltk• N¢JtrJ to the FIDanC￿ Stht¢m¢nts Del￿ Stwl¢meDI rfFln4ncl41 Adlvlu 15 to 16 REPORT OF THE TRITSTELS FOR THE YEAR F￿ED 31 ￿ToBER 2011 truqee% abr also di￿0￿$ of fv Charity fly the of the 2{￿, re￿ with rinancial 4tatemenLs of charity [(* the year emknt 31 (ktthr 21)23. The Im￿le£S have *ed the pmvi%ion% of Ac¢ounting a￿1 Rery>ning by CThariiits.' State￿￿ni of Recomrn￿ atvlithle io chariti&s tryaring their accounLS in W)rd￿ with the FinarKial RetxKting Swwjard atvlicable in UK aTKI Republic of Ireland IFRS 1021 (effeciive l January 2019). The principal objective of the company 1% to imwove the Ix¢ed of and IMMne I￿luS￿l£s. 1mw0veTh￿t to ulla8e. the n￿￿gemenT of and affairs. io ￿ganIs*. pron￿. and conduct f￿ chan'table rFw.4 only Agriculttwal Shbws ory1 exhibiti￿￿ of all kin(Ls. The mistees confirnh thai they have Feferred to the generdl guida￿e on wblic ￿ner11 1&s￿d by the CThariiy Conimission th reviewing arxl planning the chariry's ainLS and objectives. princi￿ ￿l¥lty i$ ￿ h)Iding ofthe Niyth IAM)￿le Sknw. Tr ts￿￿e¢S confimi thai Ily have wmplied with their thity 17 of the Charities Act 2011 io h&ve due regard Eo the ￿￿[IC benefii 8uidarKe published by Clwity C(Mnm1Ksi￿ aThJ c(ffisithr the purwit of the ains thr(wgh the ￿1vItIeS{￿sC￿.1￿d th)ve is con5iAeth knith. ACHIEVEMENf AND PERFORMANCE The &Kieiy was %ucce%sfully able (o host show Jg•n this Year￿ 26July 2023. The TnJ%iee% are ernwrEd by meThM￿uM aNJ articks of inv&￿ in the name of the company. any FINANCIAL REVIEW The Trustees consider that ts nknt apw¢Yia* kvel ol free tll￿e￿ reserves SI￿ld ￿ equivalent ￿ Nelve monilLS eX￿ndIture. Ai this level Trustees ￿lIeVe th* the Compny aThl ILS thieciives can ￿ ￿$thi￿ed in the eveni of ai le&%t one annu￿ %how b¢Rng wi￿1 Imrt by very wJver5e *tad*r. Free unrestyi¢t¢d reserves at the year￿j £91,PX) 12022: £86.(IlJl. meeiin8 the pAicy WUirnmlL We axe fortuna* io able ￿ Secu￿ the I￿all(￿ fty Iw We Mryll again Ir l(MAin8 to attrxt futther G￿Ven￿n2 docum The charity 15 controlled by its governiD8 a thed of ttUSL aNI C￿￿llu*S a limite41 c(Mnpany. limiwl by guaranke. as defll￿d by the Companies The organisaiion is a charitable company limi*d by guarant￿. on 14 ju￿ 1g¥J and regis*red as a charity on 7th April 21XM). Company number. 371M)524. Charity numttr. IW233. The cgxnpany w&s establislxd un(kr a memOr￿um of Ass￿1*10￿ whKh ¢stablis1￿ aNJ of the eharitable company and is govemed under the Articlth" of kswiaiion. U￿ler ilK>5e Article*, mem￿r$ of the manag￿ Comminee MU￿ be aprffoved by the trI￿rtS. aJ)d may ￿nn11 any mernFKr io rr11￿ wivhth.ftg the remaining of memttrs is tmx le&s than two. At aJ)y one time there musl be rK> less than thrEe trWStee% a￿1 third of numt*r ￿tire by rotation at eoch AGM. the eveni ofthe winding up of charitable comwiy tlr IIa￿.11ry of n*mter% is to exLYed £10 exh. REH)RT OF THE TRUSTEFS The tyusiee* are f￿51 elttted ￿ an ￿￿ual ge￿ra1 nyding by the memlrrs of ts clwity, in accor￿ with the governing d(Kutneni. In the eveni of a new misw t*ing ￿4UllEd. Nbmin*ion of a suithble ¢andidatc will ￿ ma(k by the ex1￿1￿8 trustees and the mana8emeni wmmiuee. The of the caThJidtiW$l will then i* put forward ai the annual ￿t￿Tri n￿aITr8 f(¥ C￿li0n. No external i￿JY is e￿Illed io app)int any Tnt5te¢s ￿ the Clwity. The ttu%iees WIM) s¢ryed th charity during ¢M(wJ as follows: Mr W M Towers Mr M WIMXI Mr P J Coward Mr J Coward Mr F Newton Lkci%ion% on day4iThd&y running of the comwiy aTe tsken by tl* TnLSW and their managert*ni commillee at meeting% which ￿ held ￿tweeft five 4wd six iiwth a year. Induction wjd trALiniDg of ￿ new inJth will ly by the eombirtd guida￿¢ of the existin8 tru%*e& the Charity'% ￿p￿in￿l kgal aNI its appJin*d 8rc¢wntsnLK The IruslLx* h4ve the major risks to whKh the company 1% exp)*& in wicular thoyt related to the O￿lOn5 and firwKT% of the Company arml ore 4ati%f1￿I SYMen￿ are in pl&t lo miiig* our exw$U￿ io Ihe Mail￿ risks. Re￿tered CthnpaDy DwDber 03?￿524 IEn8lazMI arKI Wal£s) R*tered Ch*rtty 1080233 Re*tered ttfflL Rubb4 WateTh Farnj Park Rodd BamN in Fume&% Cumbria LAI 4Q4P Mr P J Coward Mr W M Towers Mr M W(xxl Mr F Newton Iresigned l.1.231 Mr J Coward 22.11.221 Mr C Tysim I￿￿¥)1n1ed l.1.23) Mrs L C&*t NORTH LONSDALE AGRICULTURAL SOCIETY REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 OCTOBER 2011 REFERENCE AND AD￿T￿￿TIVE DETAILS 1ndq￿nd¢￿¢ Examlner J 14 Hornby. FCA JFHomby&Co Chaftered AccouniaThL The Tower Daiiongaie Bu%ine%s Centre Dalinngaie UlveNon Cumbria LA127AJ N￿lo￿al Westtninsier Bank ple 11 I Dalton R()ud Burrow in Furne55 Cumbria LA14 IWY Page 3 REPORT OF THE TRUSryELS Mrs Case Mr P S]ater Mi&s G Hal￿n Health 3￿j Safety Offittr. Mrs Ca%e Honorary Life Members: ￿ J. Gleaq Coward P. Bard Newton F. MRCVS. Ulvetst WIKMI M. Ulver510n Shaw G. Daltsjn in Fwness W S. Newbiggin Life Memius: Barn￿. F. Ulvernon Dawwn B C. Baycliff Dawwn L Mrk Ulverst( Coward M. Askam ShunlewiKth & Ulver5ti Tay[￿J. Towers W M. Aldingham Ty￿￿ D. Lillle Urswick William5 D. RampA'de Fell G. Rampside Butler D. Barrow in Fume&% Sknp W E. Ulver4ton Ek¢*d Members Ivhalky M, Ulvernton Brcttie S. Ulverqon Butler Mr5 D. B4wrow in FunThs C&se S. BarrDw in FurtThs J. l>dlion in Fumess C&8e W J. Newland Clough P. Marto Siorey L UlveNI Po%tkthwaitr T. Litde Urswbck Satterthwaite J W, LiThJal in Fum&*s Sanerthwai* R B. Lindal in Furne55 Sa%vrey & Urswick sha￿ J. L4ndal in Furn&&* Slater P. Dalion in Fun￿￿$ Sthle M. Little Urswick able T. Little Urswick J. Urswick StetknThson T. Ur%wick Storry N. Ulvetston Crny$¢(￿ G, Ary*l F C￿<$well B. kn"ThJal in Fun Cn)we D. U]vernkn) Daw50n C J. Ulverst( Dawwn S. UIv¢N( Dennison & Alding1￿1 Fell K J. Newbiggin Halpin G. Hawcoal R F. Pennin￿< Homby N, Lindal in Funrss Irving N. Ulvetston PaTker L. Dalion in TY￿)n C. Great Urswick w￿lIn￿On S A. Dalion in Fumtss Ha]pin N. Bam)w in Furne&s W(xxi K Pennin8t(M) w￿￿1 G. Sca 14EPORTING AccouNfAN15 J F H¢)mby & Co will in olT1￿ &s fEWXting erLsuing year. Page 4 REPORT OF THE TRUSTEKS FOR THE Y&4R ENDED 31 ￿ToBER JI23 This re[￿)rt ha5" been wepared in xcrAdatKe with the speoal wovisiorts of Pan 15 of tr Companits Aa 2(￿ rclatin8 io small Compatiies. Approved by ortkrofthe of ms*es (M19 AugusE 2024 a￿1 sigwj ￿ its behalf by: Mr M WI￿1. Trustee NORTH LONSDALE AGRICiTLTLTRAL SOCIETY I rerth 10 the charity tn15￿.% on my examination ofthe ￿unt% of ￿ Company for the year ethl.31 (knthr 2023. As the i￿tty'S tnL%iee% of ihe Company laNI also its direa(Ks f(Y the puTW￿ of con¥>any lawl y(w are ￿St￿m]S1bIe for HawÈng s*isfied my%elf of the Company a￿ requiRd to a￿Jited ￿￿1 Part 16 of 2(Kkfj Aci and are elÉgible for examinatiryL I re￿￿[ in res￿ of my examin￿lon of your clwity'% accoiinL% Carriryj oui under Seciion 145 of the Charities Art 2011 _￿1 l Aa'}. In caThying out my exarnin*ion I have fdiowoj the DI￿¢110￿5 given by ￿ Charity C(Knmissirn seal￿ 14951 Ibl of tl* 2011 Act. I have cornpleted my examination. I c(rf3rn) maller5 have my attenti￿ in ￿00 with the examination giving me cause to believe.. ounting were M ke￿ in w ofts Ccrfnpw as TeWiT￿l by 386 of the 2(M￿ Act: ( the accounts do ￿ comply with the xc(xuthg requi￿n￿nIS of Sertion 396 of the 2(XNS Act othei than any requirement that the xcounLS give a a￿2 fair view which is ￿ a n)aner cwideral &s part of an in&￿nde￿I examination: or the &¢ounts have b¢en rrfEparEd in with the n￿lIK￿lS atKI prirKipks of the St*meni of RecomI￿nded Practi￿ for rniiDg a￿1 rEwKting by clwi"iie% (a￿11¢able io ¢haritie5 weEJaring tF*ir xc(rtLnts in xc0rd￿￿ with the Financial Re￿￿1ng StaThlaTd 4wlicable in tr UK aMI Retrtlblic of IrElaThJ IFRS 102)). J F H(mby. FCA JFHornby&Co Chartered Accountants The Tower Daliongate BUSI￿*$ Centre Dalion8ate UlversKJn Cumbria LA127PJ 9 Augwsi 2024 NORTH LONSDALE AGRICULTUK4L SOCIETY STATEMENT OF FINANCIAL ACTivrrILs FOR THE YEAR ENDED 31 ocfoBER 2023 31.10.2.1 Unrehtricted funth 31.10.?2 funds INCOME AND ENtK)WMEN13 FROM 38.051 37.340 Investment income 210 19 37.359 R4hi.sing funds 33.131 33.124 NEf INCOME 5.13() 2.235 RECONCILIATION OF FUNDS Totul fund4 brou¥hi fiKward 86.6fA) 84.425 TOTAL FUNDS CARRIED FORWARD 91.7 86.6flJ The notes fomi part of these financial s￿e￿ntS Page 7 31 ocfoBER 31.10.23 31.10.22 futMLs N(rte5 Tangible assrt% 39.723 39.944 Debii)r5 Inve%uTJents C&sh at bank and in ha￿1 10 81 1.3()5 150 45.381 53.124 53J55 46.836 Am()unl% fullinu due within one year 12 112881 1201 CURRE￿ ￿SETs 52.067 46.710 91. 91.7 FUN Uvre%iri¢*ed funth 13 91.7 91.7 86.6(rf) The charithble compony 1% eniiiled io exemy1￿ from a￿111 urth Sea1c￿ 477 of the Companies Art 2(￿ ror the year end￿] 11 (k'iikn 2023. memttr% have ncrf rcquircd the company ￿ (ixAiA an awjii of its financial 5th*ments f(r the year ended 31 (knober 2023 in with Seai(m 470 ofdy Conynits Aa 2(KkS. Tr mLstres ackM)wledEe theiT rw¥xL%ibiliiies for (a) ensurin8 that the ¢tJariuthle compAny keeps comply with S￿1{￿8 386 and 387 of the Companies ALI 2(MkS and prewin8 fina￿la1 %tstements which Bive a aThJ fair v*w of the swe of affairs of the Ch￿Ilable c(ryany as at the end of exh finaEKial year aThJ of its surp1￿% or ning Swmlard arvlicabk in ￿ UK a￿1 Republic of All tncome is rwised in the sWeMe￿ of FtnarKial Activities oKe the charity has eDtidement io the ji Liabilities #re wnised &$ eX￿￿1]lurE &S S(M)n is a legal wnSIn￿lVc d)ligatson committing the ¢hariiy ￿ that ex￿ndIti1re. it is wtsable th* a traJLsfeT of ec(mmic will be r4uired in vAtlemeni atKI amount of ￿ ¢)blIgati￿ Can t¢ nMsured reliably. EX￿ndItU￿ is &counied fiK on an XCEuals b&sis and has iwn cl&s%ified under W"ng% awewe all COA relatyj to ￿ categ￿. Where cO￿s L7nnot I￿ directly attribuied to wiicular I￿j]ng$ tsy have tKen allrta*d 10 *tivitie5 on a Co￿￿1.￿ent with use of Deweciau(Y¢ is wovided at ￿ following annual ra￿4 in write off exh its estimfftted useful life. L4nd & building%- Fixiures and fittings Computer equipnMt 25% on ¥educing ￿lance 25% on ￿lJ￿11)g balaKe T￿tIOn The cltarity is exemN frnm ClXWfdtion tsx its charitable ￿1Ville5. tK)NATIONS AND LEGACIFS 31.10.23 31.10.22 19.148 5.744 2.1( 5J64 16.776 5.031 Trade crafi aThJ sth Entsy fetr Prize mow ￿ceIv￿1 Bar & dance swplus tk>natiOSLS 9.221 229 38.051 37.340 NOTES TO THE FINANCIAL STATEMEK15. eonlbhutd 31.10.23 31.10.22 tkFrf)Sit xcrwni in¢eK 210 19 RAISING FUNThS 31.10.13 31.10.22 SupiKKt ¢osts 33.131 35.124 RaisRng (kTh¢ions aNI le8xies 24.707 &071 2.353 33.131 SuptK¥I costs. in the akne. follows.. 31.10.23 Rai%in8 31.10.22 tivtlie 8.928 3.265 9.210 8.839 4.196 11.770 Fitting up a￿1 reni of Judge% fee% aThl Security. ga*keepers & help Caiering SIH)w Jityxii(ms Irksurance Repairi & renewals Telep1￿ Po4thse and staiic Sutthies Bank chw8ei Licences l.T. exFlKli￿lt 162 2.4111 1.3 530 420 2.232 555 85 21 .572 857 4211 2.891 12 123 71 50 1.350 AccounthKy LegJl fees DeweLl￿10n of wigibie fixed a&*L* 13 13 33.131 Page io coniinued... NOT&S TO THE FINANCIAL SIATEMEN13. conthued FOR THE YEAR ENDED 31 o￿oBER 2011 Net I￿01￿11¢1￿￿11WrcI 1% afterch&gin*{crEdiiingl: 31.10.23 31.10.22 221 TRUSTELS, REMUNERATION AND BENETrTts Theff wer¢ ￿ tru$*e4' renwneration ty Lmkr benefits the year eJMkd 31 Ollot%r ￿23 for the year endEd 31 (k￿r 2022. 31 Ikto￿r 2022. fuThJ INCOME AND ENDOWMENtS FROM [kn￿l0￿￿ ond l¢8xies 37.34() Inve%tmeni irKome 19 37.359 Raising fund* 35,124 NEf ￿COmE 2,235 RECONCILIATION OF FUNDS T(*al funds brough¢ fwward 84,425 TOTAL FtJNDS CARRIED FORWARD 86.6fA) L%)ntinued... FOR THE YFAR ENDED 31 (Th)BER 2011 TANGIBLE FIXED A&SETS FuThwes C(Mn￿ter equipMIt ildings fiuings T{￿lS COST Ai l November 2022 aryl 311kKthr 2023 39J72 5.138 3.414 48.124 DEPRECIATION At l NOVem￿r J122 Charge lur year 4.812 3.338 19 221 At 31 (knober 2023 152 4.892 3.357 8.401 NET BOOK VALUE Ai 31 (k'ithr ?02.1 39.4YI 57 39.723 Ai 31 (kts)ber 2022 39J42 326 76 39.944 DEBTOILS: Amou￿ FALLING DUE I￿[N ONE YEAR 31.10.23 31.10.22 Prepuymen 81 ii. 31.10.23 31.10.22 Listed inve¥tments 150 InVest￿￿ntS are ai markd Yajue. Markd value is rnarka prKe the ba14uKe theei dale. Reali*£d and unreali4*d g4ins arKI lokse% are th io the iwome 4Th1 exF¢ndiwre Kc(NJM. I￿Ome has iyen u&en inio acujwii on the d￿¢ of paynKni. IL CREDITORS: AMOUTh FALLING DUE wrrHIN ONE YEAR 31.10.23 31.10.22 Trth ￿di(1X5 A¢¢n￿d expensei 387 120 1288 Page 12 FOR THE ENDED 31 ocfoBER 2013 Net 1.11.22 31.10.23 General fuNI 5.130 91.74) 5.130 91. movenYnt in fundk in¢luded in the alme at &5 folknv5: I￿1)mIng Movemetrt in futmts ex￿t¥je Ge￿r￿ fuNJ 38261 (33.131} 5.130 38261 (33.1311 5,130 Net MoVe￿nI in funds Ai 31.10.22 Ger£ral tund 84.415 2235 86.6dl 84.425 2235 Comparnive net nw)vemen¢ in fulth iwlwkd in aKbve are as follows." ex￿nded in fund5 Get￿￿1 fund 37J59 {35,1241 1235 37J59 135.1241 2235 Page 13 NORTH LONSDALE AGIUCULTURAL SOCIETY NOTFS TO THE FINANCIAL STATEMENfs. o)nthiued FOR THE YEAR ENDED 31 ocfoBER 2023 13. A curTeni year 12 monilLS at)d prior year 12 months" combined w)sition is as follow%: Net movemeni in funds At At 31.10.23 C*neTal I'und 84.425 1)1.74) &1.425 7.365 91.7￿) A Lurrent yeur 12 months and prior year 12 months combined nei n￿vement in fuThls. included in the th)ve are follows.. Inwming ou￿¢ Movemeni in funds ex￿nd Ge￿ra1 fund 75.620 16ts.2551 7..165 T(YfAL FUNDS 75.fTr20 1611.2.55 14. RELATED PARTY DLSCL(K%URL There were no rel￿ed p¥rty trans￿li￿n& for the year ended 31 Cktober 2n23. Page 14 NORTH LONSDALE AGRICULTURAL SOCIETY DETAILED STATEMENT OF FINANCIAL A￿1VrrIEs FOR THE IEAR ENDED 31 OCTOBER 2011 31.10.23 31.10.22 INCOME AND EN￿WmENTs Gales. progrommes &.%ubs Trnde crnft atMI.%tands Entry fee¥ PriÉe money recetved Bur & wrplus )naiLOn 19,148 5.744 2.106 5.561 5.2(11 229 16.770 5.031 9.221 4JOII 38.051 37.340 Invutment Incon Dery>%ii aLrouni iniere 210 19 38.201 37.359 EXPENDrruRE SUp￿rt ¢￿ts Marquee hi Filling up and ￿￿1 or rield$ Judge% ftt% thnd pri1£ Securiiy, 8alekec￿rS & help Caicrin¥ Show aiirnction% 8,92N 3.265 9.211) 51K 4( 2.34Q 4.196 6(Xl 162 2.481 24.707 211.048 Flnance In%urunLe R¢poiTh & renewyls Telephnne Posiage aTKI stJtionery Sundrie Bank charges Licence. l.T. ex￿]￿11(￿ tk>nllLiDns 1.572 8.57 420 2.891 12 125 123 71 1.39n 530 420 2.232 555 85 21 50 6.071 5.433 1.350 A￿oun(ancY l*gthl fee¥ Depn of land & buildin&s Fixtu￿% fittings Carrie*TATEMENf OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31 ocfoBER 20LI 31.10.23 31.10.22 Brought forward Computer equipment 2.335 18 1.619 24 2.353 1.643 Totsj resources ex￿Trded 33.131 124 5.130 2.235 This page dcts not fonn pan of the swtutory flnancial %tatemenLS P&ge 16