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2023-10-31-accounts

¢harity reg¢slr8bon 1082095 comp￿￿ reglstratkn rNMnber03968279 {EThU￿nd and Walesl WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY LEGAL AND ADMINISTRATIVE INFORMATION Trustaos Mr J HcRkn Mr Ross MrJBel Mr i7 Pyix)urt MrKL Mr P Walker r J SL￿e5 Mr D Bwgs Charfty numbèr Company number 03W279 Registered office S Fknson Ck Churd) Entsrprts8 ParfL BÉhtrp Aut￿?￿j Co Durtr DL T4 6WA Independe￿ eAamlneT klrPWL¥n Al¥i Sykes 5 Fknson Ck)se S(wth Chuth Enkwr6e P¥rk BEhop ￿￿8nd Co Durh DL T4 6WA

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY CONTENTS Pa98 Inde￿dent exawinprfs rewt ststemenlaffffi8rKial artMiEs Slater￿ntafr￿a[Kjal Nota$ lo th8 fnarKi8lsial8ft￿tÉ 7.15

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 OCTOBER 2023 Th8 T￿Stee8 wesent their annual reFKXt atNlfinarnial Slat￿Ents￿Ythe Yea[e￿ed 31 October 2023. firhonuel slolem¢nts hevc b¢en prepared in •wounbry xt wt M notc 1 to ihe finynciol sialemenLs and comkly with Ihe charity's tk)cuwill. theC(HrWan￿ACl 2W6 and"ACc￿lIng aThY Rewrbng by Charities." Statement of ReCorrffi￿ed Practre to chanbe5 wep3mg lh￿r aco)unts n accordanTr with the Financial strndard appltatle w) UK RwtAic of treLd IFRS 1021" lefftdive 1 January 20191. Obje¢trwes and a¢ti¥th"es charitable Objectp￿ ofts s¢￿￿ty ar￿ 8ctrty oto lmwov8m￿t in Ihe ￿d11￿j d11v￿c¢k to nprove Ihestarfards of larniing aid fwm craft Iw ts tsrrTWS res￿lf0 Wnhin the area. In planrMTrJ cvr acbwbes the trLNees have gwen due regardto guidan￿ publ'shed by the ch¥ityCo￿ITr￿in on berefft. The T￿Sle£S have tkKI due regard to gu￿1￿ issued by Ihe Chatty c(xntntsSK￿ in deC￿1r¥j what activrt￿s the chatity should urwjerlake. Achlovèmonts and p8rfomian¢e Again hI￿sed with wffathef overth8 St￿￿￿kEr￿1. Ihe 2￿surpaS￿j Il h2￿M8 ofal ple￿￿US shows rnaking il the most su¢¢essful year In lon9 tristw. Buldity f￿ ￿S￿$S ofwwryous yews. il is estimated that ￿ ex￿SOf40.OQO is11(Ks attended the overthe two days and ¥wi treale(I lo a tM)le r￿ge of exhtyts & aUr¥tws. &v6n thè kn￿all. the thow rÉmains trver PLpJkrwith irKJor& Ixrte(x)r 2nds alikeith aP[￿N 270 tr8d8 stands combhed attendw in 2023. We rel8ined owfooLs on ycfflobon * fverb$￿ iknthe rcdsde board5 & beer rnats continuing to be extrem81y Fwular, the revenue created it￿4￿a￿eaS it rThins separate frorn ￿r lrKxX￿e streafft. A5 Ihe digita age gathers pace. pre Sh￿ wEekend onlkie itht sas reachedn& and coujed with increased car(1 machne usage they us th paywEnlopbiJns in iththe cernat￿SOf the curTentdim3te. Payr￿ent cash is aL%o Spmsorship of the strvjw wnlitvJes lo be eXIteT￿ attr￿h¥e and gratetul ID our Img5tandiry major SPDnSOT5, Easl Durham Celege. Northem Metal Recydrf￿. ALX Motsetoxes. Martn Bdl Car sa￿$. Fred klendersm Ltd, PrcPilch Ser¢ices Ltd and Th• Feed wa￿￿)use. togtihor with Wrykwear Exw8s5 Lld. Stp¢oath NE Ltd & 881str)s GrouThJ¢ar8 Ltd whos8 help and SW remain In¥aluaNe to Ihe SrTh￿lh runnry ollhe shrythT. Divttsrty ofinume Is Imrortant IOLtsaNJ we trwefr¥e (£v)tinu& 10 hwe (Njt.T￿ Bn' and th￿￿￿ul the y&ar lor 811 ofevents frcAm ctrrwerirys & weddirysto 8niiuel•r6. pouttry & Ycg agilty classes ar￿ eveDt6. Truckfesl NE also rKW 8 firm lavwiit8 in CAle￿al. Wth the r￿TrI rise In nlerest rales. we havp a&0 l*enlheoNxMtstwtyto'invesl' att￿mulated dÈmlS In short iÈmi 8cross a fewtselpded demi t&keTs 10 I￿tiVe I[Kl￿ $￿E8[￿. 10 oui fund¥ nder the FSCS ￿arantee scthe￿.

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 l)Jrconlinued nveslrnent in ihe irfrasltLthre ofthe 51KYW fiBkl continues With the ofthe new dwarfwall 8round the w pa￿. wth just some soft iqTrdstapi79 neaw lo finaSse Fw. A rewpbnnin9 aFplitrati)n VJas ￿bMined uring the year in respect of the erectiw ofa now si(w b￿￿J￿79 al tho fal¥w4yend ofthe show ground. logetsr￿th fLrther addlu￿al Interft41 roads will Irisuran￿a￿ns1 incjemeni weather In years lo come A po511p￿ response to the reque51 isant￿pated. Increased usage is being rna ofltrt strwppiig ￿tarerS Jsed as Ihe off￿e & arneetbig rwm and these prwded a aluable base over the shOwweeke￿. Furthw c05rnpbcwork to ernan￿ Ihe area surroun(ng these sltucthres Fdlowing kgSI yeatsshow, Dawd R ¢h¥dson. trGenw¥ Setyatary fc Ihts L8St 10 yaars. da¢wJed 10 st￿ down from bis rob. Dawd's en¢Ymous contribulKn to the success ol Ihe strK)wover Ihattin has t￿th w￿elY rec(Un￿d & atnowled9ed but I would aL%o Il An(trew Hal. lan S￿l￿g. RKthard Strl4 arKI ch￿ Slepehen50n far a￿WIng us the use 0[th￿r Over￿ show Weeke￿1. Fin¥lly. I wll be sbprAro do￿ after Ih&AGM in 2024. J I Iusllike lo •xpress myp¥s￿l Ihad4s ICY bFFIg 8low8d to ho￿ the wsthon ol Chair￿an tcr L4St 4 years- il tras been a rAea5ure an horKxr & I ￿sh my su(xessor. Rthard Lawson. ¥vel when he t3kes up the rwgn5 Wg Iopxdrd Financial rfrvi•w Thp anrKJal results $Mwa wAusof £121,16812022". £92.4YJI. The level of unresliictEd frtt reSE￿e5 al 31st OGI(th1 2023 was £466.￿5 12022. £￿5.845). The charity requires reserves IrrM)ney not ¢Yes￿nalet ror ￿Y pUr￿￿e$l in ¢rder ro fvThY of the anrwal sh)w and to I￿rOwe the on sile f8ciIi li8S The ItU5tees c(M￿der that reserve5 of at knl Ihe cosl of holdry Ihe show be held. I(WI￿r ith suff￿￿￿t funds to enab￿ Ihe soC￿ty to finance the purithase ofakI￿al ￿1￿1•25 forthe SI￿[￿1. Structure. yovEvwbance aThJ n￿nageThe￿I Wolsingham and Wear Valley Asn¢uWu￿I Swety i% a wwaie limited ¢tynp)y ar￿ a reg$te￿ thanty. The crmpany is hmiled by guaranl¥e with guarantors beiig Ihe mentss to tthe extit of £1 e8ch. Tr,8 r8gi$lered ch¥rty number is 1082095. Th8 Company was 8glatdished under a I1￿Cl￿Vrn of As￿￿¥11￿ 6s18tyi$W tho 0￿￿¢t$ and robvers ol charitatAe cthrpany and ts govemed uTxler Aitths ofAs$￿￿3￿C1I. In the enl of the ctryany bn9 *wnd up mernbers 8re requyed to contri￿le ￿ an￿jnI Th)1 exce<irvJ £1 exh. Ad￿lSSIon ol rnembet5 to the s(Kiety is by YATibng lo the SeLTetary of the &￿iEty wlmch is Ihen (xxNdered by tr￿ s￿￿e￿5 Coun￿1 for ￿rri$S1on.

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Th8 T￿stee8, who areas0 thedwBct￿5 fur pu1k￿orLY)￿pary arxl %tho served duriry Ihe year arKI up to the dal8 of $19nalureoflhe sratenTth$ we￿. MrJHod Mr l Ros8 Mr J Bell r G PytrKurrt MrKLou Mr J E￿￿￿ersOn Mr P Walker Mr J Suthes Mr D Bnggs Tru$ts indu¢tityn arti irnirbiTwJ Most trusteesare famqor wth the vac1￿81 ￿rk oflts and ¥e erwJrW ro te ￿ relevant trainiro Small coM￿Y provislons Th￿ rewrt has been Prepar￿ in auxrdance *ilh IhE wo¥isi￿S ap￿1(aLle lo u)ryaries entiued to the small u)mwan￿3 e%trmphon. trustÈÈ$' rwtwas approved bythtr PA)atd ofTttsltÈs. Mr D Bri99S Trusiee 9 Npril 2024

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY I r8POrt to Trusts8sen myexamnatth orthtrfma￿a1 aiatomèrts LWdNJham 8nd Wear V81WAgitultwal SLKi&ty chanly}fortha ￿anded 31 Oct¢bor 2023. Respon￿ill&S and basis of rnport As the Tru51ees of the charity lan¢ a150 its dreuors thè of cmpany lawl you arè tÈsptr￿￿e for the of ihe fin8rKk81 stat￿￿15 in att(rfdarttwYth the rewirewts of ts CoTrwS￿SACt2LK￿ lihe 2006 A¢ti. sal￿fied MYSe￿that firkrKHI state￿￿tS ofthe dwity ¥e wured to be audited U￿er Part 16 (th2 2006 ar￿ are Èllgibltr for Indep•deni trxninakn. I tÈport In my examination of M chanty's finanttal staiewtrnts carr￿d out uNler ts￿tK￿ 145 of1￿ ChaniBsA¢i 2011 lthf 2011 AEiI In out ￿￿￿1￿al￿)n I have foWo¥¥gd ￿1 Ihe applicab￿ threcbons owen by the Charity CorNnis5m ￿ller 5ecticn 1495Mb1oflhe 2011 Act. Independe￿ exarninerfs stateme Since the charity'5 gross irKX)me ex(xeded £2￿.(￿A) ￿￿rexanIr￿ muslbe arnerrthrof a txxfy I￿ed in section 145 ofth 2011 Aci. i ¢(K)fimi thai i am ¢walthed 10 uth18ke the be¢u&e l am a of ICAEW. %vhith Isone orth8 'St&J bodies I hav8 CoMp￿ted Thy exaninatiM. I confirrn that Tri mail￿5 have corne to rny attention In ￿neCts￿ ith th8 examination giviw me txuse ID belEve that any Thalerial respect". accounting records were nolkepl in resp￿￿t ( the charity as re￿ir￿1 by Sec1￿ 386 ofthe 2￿6 Ad.. ( th8 finèncial statsments do notacttrd ￿th IfM)5e rèco￿." or lh8 financial stalmnts not wlh Ihe reoJ#W￿nts ¢fse¢bon ofthe 2006 ki ottr than requireThentthal kne acc(Kmts gve a arKlfarvi2w wIMch Is a materciw15Klered a5 Wof ￿ IndeFendenl Èxaminalion.. or th8 financial statements have tK>I been ina(Lx)tdatKe with the [r￿th[M￿ atvj w[Kip￿50f the Statetn8nt of Rvt¥Jilitrivlithd fur dtNI by didliitts itj didlileb Wvpdlviy Ilieif dILK￿lIL ir) attordawe with the Fina￿1•1 stsrKlwd èppitth wi UK RewblK of ITeland IFRS 1021. I haya no con¢ams and have wmo &ro>s no OlhBr ffthrs In eLiir*ciwJn wrfh thè e￿Ination to attention shodd b drawn in this wort in ordèr to U￿#￿rs18n¢Arwj finantsal staloM•nts trj ￿ ￿a¢￿d. MrPWLan Indep8ndent Exatniner Allen Sykos UmM•d 5 Henson close StyJlh Churth Eni8rprise Paik Co OUrt￿[ DL14 6WA Dated.. 9 Awil 2024

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EPIDED 31 OCTOBER 2023 Total nd5 lunds 2023 2023 2022 2022 Income froffl= Dtrnalionts and Other tradiTh3 a£tivtbes Investments 47227 333665 41.221 333.665 45.739 311.974 44.254 45.739 311.974 44.254 Totsl incorne 434,247 434241 401.967 401.7 charitab￿ ￿vIlle$ 312.187 307.119 2.358 309.477 11 Total exp9￿&tur 310.721 313,079 307.119 2.358 309.477 Net in¢omellexp8t)dlturo1 lortbe yearl Ngt movonnt In fvn41s 123.526 (2.3581 121,1&8 94.848 12.358) 92.490 Fund balarw * i November 2022 s44.4￿) 224216 768.T( 449.642 226.5T4 676.216 Fut)d balan¢88 * 31 O¢tob 2023 668.016 221.858 889.874 544,49) 224.216 768.706 Statwnent rrffinarKi¥l ¥thit5 ￿¢￿￿e5 811 gairts aThY ￿8$ rewi58I in the year. Irts)me and expeThtiture deri¥e frtym The statement of xbvi1￿ so ¢<wn￿le$ %Yith requi(wts for an lrmx)n￿ arwj expenditure a(WiJni under ihe Cowan￿5 Art 2

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY STATEMENT OF FINANc￿L POSMON ASA T31 OCTOBER 2023 2023 2022 Flx•d assgls Tangib￿ a55ets 12 422.9)9 422.￿1 Cuvr•nt a88•ts Debtors InvslmBnts Cash al barth and 13 14 5.179 245.109 222.347 1.14b 351. 472.635 352.454 CreditOV5: amowbtstalling the Willmn one y88r 15 15.6701 16.6091 Net txjtrent assets 466,965 345.845 Totsi assets kss cuffeni ltsbllltss 889.874 768.T06 Income fund5 Restricted fu￿j5 Unrèstrictsd furyJ$ 16 ¥21,858 668.016 224.215 544.490 889.874 768.706 Th8 IxYnp3ny is ent￿ed to the ExeWKm fr(4n the aLvJil tEYw1Terr￿rt￿￿ta￿e￿ 477 althe CoTtyanp&Ad 20C6. for Ihe year ended 31 Oca(er2023. The directOLS aCkn1￿￿￿e their respMsknlities forc0mp￿.1Vj wilh requwetllents oflhe COfftp3n￿ Act20D6 respect to accouTrtirw refflrds and Ihe preparabTrY (KtharKial Stat&[￿. Tr rrtm￿S have re0vi￿d the ¢cThpwy io cbtsi) an 8LKlit ofits Fawn￿1 st8ienw)ts forts ye¥in qLestion in a¢cord8ncewnh s8cIDn 476. Th2se ffina￿al stalernents have prePa￿d ￿ ar1￿￿￿kn1he app4K3ble to rAJrnpanies subject lo the small uthpanie5 regi￿. Ihg financwl slatetnBnts ap￿0￿ by ts Trustees￿ 9 Apn"12024 Mr D Bri993 ICh3rmanl Truee Ctrwany re9ltsticfi rwJmir039S8279

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023 A￿OUnt￿9 pol￿195 Charity inlarmBtit Wolsingham w￿rvaN¢YAgH￿ttLKal a pnwalsconpHny li￿t￿l by guaran19e 1nwp0ral￿ in Engl8nd and Vlales. The regstered orrre ￿ S Ckne. Churth ErrterPr￿e Patk. &"ty) AuGkland. Co oUrt￿M. DL14eWA. The finantial starfftnts halt in a¢¢rdarte th the ttoriV$9ovemiry docurneni. the Comparles Aci 2006, FRS 102 Tr Fin8roal RerAMirg stsw¢ apF4rablein the UK Reputlr of Irebnd- I"FRS 102,1 and the Chant￿5 SORP'Accowting and Rewrbng by Ch3rtbes." State￿￿￿tOf RecoMTh￿nthd Prdctre appluble lo charibes ￿[Pp￿￿9 Ih&r accounts in a(￿(￿￿ncE the FY￿￿TraI Re￿tir￿j s￿dard ap￿Ir￿lIe In Ihe UK and REpub&'B of Irdand IFRS 1021" left8ctsv• 1 j￿Uary 20191 The tharity is a Pubhc 8￿fil Entityas d$fin￿ by FRS 102. The charity has laken advonw ¢YtrE SORP fOrtharI￿ to rxepare a Smem ofcash Flo￿ ie fiilaiKi41 S￿￿1n￿lIlS ¢ilv Il Siwlifvj, v4hKth is fwMNwl ufiiw twiily. mo11s￿rya1n0Un15 1heSefin￿C￿I stslements ae rOU￿ed to the n8aresl £. Tre finanty81 s￿￿n￿niS hale been pryed ur0¥ the ¢MVent￿n. modffied lo IrKILK1e there¥8￿811 ofcertain nstruments al fairvaue. O￿leS3￿￿￿ted &e sel out be 1.2 Goln9 COr￿¢M Al the lime of 8pprowry the finarN)81 SI￿7•￿. trtTruskes have a rea$￿ab￿ e¥kW¥ll￿) 811tr ¢h¥ity N88 a¢equale r$S￿r¢&$ lo ￿ntsn￿9 in op8rat￿n81 8xistencs lor thg frKesee4)b futrxg. th8 Trustses lo adoptthe wing concern bas￿ ofxAXXLnting in prry>ariny the rmat￿la1 Stat￿nents 1.3 Charitable lunds Unre5trthd are 3vaLth use at the d￿et￿ ofthe Trustees In fur￿￿ar￿e of th￿r Char[tab￿ cbiectNes. R•strthid fwds SU￿•￿ io 4￿rf￿ConL51￿Y1S by (S)￿rS 35 to ￿1h•Y may b•us4d. Th• wrpos95 and us95 of Ihe restri¢W fuThYs we set fArt in the totheirw¢W ststements. E￿Owr￿enI fvn¢Ls are ￿t¥￿t to speak &)ndithyE by that Ihe raptsi rnust be M￿nI￿ned by thty. 1.4 IncDrTre Iwme is re￿gn￿￿￿ when the chwity is legalty entitled lo il after any p¥fcKman¢e ¢y)nd￿.￿S ha¥e i￿en ihe nounts ￿ be measured relabty. rt15 t￿Obab￿ lh3lin(xx￿e il beTwEwed. CashdoYati￿s rewi5gd rg(wt. Other¢knakn$ onTr ts ch•ity has been no11fi￿ ofthe donaton. unless perf(ThwrKe a)rKlthons requre delerTd ollbe a￿￿)Unl I￿￿￿￿e tax reu)veraL in re13tion to dOnati￿S recer¥ed mder fyft AKt or deeds of re¢owised aitretv) olthe (k)ntiM￿. L8gaae$ are reccorlsed ￿ re¢•pi tr Other￿ rf the charity has been an impending disiribuiicn, the nt 15 known. aid receipt is expeded. 11 the anount i5 ncl knrthn. Wy istreated as a contingent asset.

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 ACcoUntw￿ pol￿•e$ (Continued) .5 Expenditure Cxpendilure Is ￿ognISed I￿￿1here oriThstnMNe dAvja1￿to tra[the(￿Orn1C benefrttoa third party, rt 1$ kYObabl6 thai a Iransfrot￿rth￿ bènaffts ba reQ￿red w) Stlty8ff￿1. amoml of oblKJabon Can b& mea9Jred rdigbly. ExpPrKIlu￿ is d¥s5ifpd byxty￿ty. (xEts oleh vity tnJ& ￿pOItt￿P tdal of dirp¢twsts ¥t¥J shared rosits. induding suptx)rt(X)sts involved in utKJprtakry eath thty. D￿￿ta)Sts attritxnable to a Sr¥J￿ aGtivity are 311orAted dirttvy 10 th818CtMty. Shaiee costs ¢￿tri>jie ￿ mtye than ￿ gaivrty suprot o)sts n aiiributsbk 10 8 &role MIy & aPWM1iwthJ bet￿ tlw ￿l￿tI&% £47 8 c¢Msisiwt wlh ￿e0f tysourc8. Central stsff costs are akncated b￿S of ume a￿1 deweaknn charge5 are aIknca￿ on pOrt￿n ofthe asset's use. 1.6 Tanglbh fixed assets Tangibktr [￿ed a¢s81$ intsty n￿￿d al cosl aThJ >Jbsequenty mEasur8d al(￿ orvalualon, ol depredation and any Irrpairrrent losses. Dvprwiaith is i¥¢oyntsed >0 ats ￿ w￿1￿￿ (Ir Ltyl UWIT rwduai valutrs uselul Iwe5 on thefollowirs bases". Free￿￿ 14rKI aTrJ ￿Ik"n9$ sh)weqUip￿enI IT 6ouipmBni 4% swauhi li 15% re￿￿g brte 15% [￿1￿)9 baarte The gan or loss a￿￿¥￿ on di$[￿1 ofarb assd tsdetamll￿ as Ihethffererth the salè pro¢è8ds and thB carryhg value o1th8 as￿. aThl is ￿(W1￿j in ts stsmwolfinwcial Xtivthes. 1.7 ImpaThwnr asse Al È&h reportwig end daip, the ¢haiityreTrriÈws the a￿l￿ts of(ts tsrpJ'blÈ assets to dÈiernNr whÈther Ihwe Is ￿Y ndicalion th81 ihose ¥sss have suff8r8d * imparm¥)t bss. If aiy suth irKScatity) 8Kists. the r8¢yMil8 arnount of the a￿t ￿ estirllat￿ in i>rder lodetermine the extenl of thp i￿￿rrr￿1 k)s5 Irf any!. 1.8 Cash and cash equivalents Cash rash &￿￿alentS Ir￿Ude rash in hand. de￿51￿ he￿ atG411 bars. other short-term li(WKI investments wilh on9n81 m8turths oftree nythor kss. •)d bth Overd￿ts. BartL ovttdrafts 8re torowings In current liabilities. 1.9 Flnanclal instrum•nts The tharily has ￿e￿ied to apk4y th8 ptTrWS￿S of SeBb(m 11 F￿8￿3¥1 InstwwDents' SeGtion 12'Otr￿[ Financi81 Insknrnents Issues of FRS 102 to JI of ts iwruwts. Financial inStruTh￿nts ara rwi%ad in the chatitys shB81 tharity be￿[[￿ party tD th8(xntractu ofthp it￿[urnE￿t Finan¢i31 assetsand labilitsare ottset. 4%ilh Ihe rEi arrKwnts rKesente¢ in the finarri statements. when there Is a legal￿enIo￿ats1e right to sel off Ihe recogn￿￿ ￿nIS fvre is ￿ In￿ti￿ to setde ona net basis orto ￿al￿e the asset and setuè Ihe liablity swnuh*¢Htsty.

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 ACcoUntw￿ pol￿•e$ (Continued) Basifinancial assets. whKth Ir￿ule debtL￿s bank ban￿. ￿e initsally measured at pri induding Iransathth Costs and are ÉeqJenity<4rried al amb$￿ ct61 tre eff￿r￿ mlw8st mthtsY unless Ihe afra￿ement￿$t￿te$a ts3nsaul￿, tre trnnsaath￿ measure(l at the r￿es￿l value of future receipts (S￿nted ata rn8rket re of interESt. Finaml 85$ cL4$9fied a5r￿￿¥atyk within one year8re not arnottispd. Basifinancwl Ivdbiliknes. hllcluling c[edt￿5 bar k>ans are irmtiatyreixNJ￿Sed att[￿53GbOn unle55 Ihe arraw8mtrni ¢￿s￿lute$S finarir¥J the debtins".rumwl ts measur8d al Ihe pre￿1 vau of the fuiure paYmentsdiscoun￿ ata market rate of inleresL Finarrti IKxinies cL4$Af￿d as payable withn one ye& are not amorbsed. Debt instru￿￿lL￿ are subseqwrtly rarpd alarrKxi￿l th8effthe interBSt rate melh(¥J. Trade ugd11￿$ 8re otligat￿ns lo pay fN orsetvKes tlK41 have been aW￿re¢ (Kdinary wJrs¢ ol operaions supplers. Arnounts are cbssifd a5 cwrent I￿￿1￿11e5 rf pabment is due wthin one year or less. If not, they ore presented as nOn￿￿ent T￿￿e vecitors arE r￿niS￿l Initialty al tr￿SaCti￿ priTr 8nd subsequenlly rneasured at LX)St ￿Ang tre effeLwe nlet25t tnetkKwJ. DeTr¢ognlllon of Iln4n¢lalllo1)111¢19s Financial lthilthes are ￿￿e￿￿Sed ￿en the ch3rity"s corr&tsi ￿￿]at￿￿s expyeijrare di4tharged or￿Ce1￿. 1.10 Employetr The cost of any unused ￿1￿JaY entitlempnl ￿ rK(yJntse(l in the petKxl the e￿￿YeesServic8SaIe re￿iVed. Termwwtion tEnefits are recogn￿ ￿m￿atelya& an expense Ihe d￿rity ￿ de[[￿Str￿￿ c(xtwnitted to tetrninate Ll an empkjfft (¥to pruvvje lennn8tV￿ Crltlcal a¢￿￿￿Ong 08bmos In Ihe ¥p￿1¢ab￿ oftr ¢h8fity'S a¢CW)tm9 OKies. ** Tr￿tte$8 wuir&l to meiud9enw)ts. esbni8les 8 aswmplw)ns amul the carrying anKurt ofassets >)d habliis tlk41 are rely app¥wi fr(xm ￿her eslhThates aThl assoC￿ted as5WWK)n5¥e based on histQnGa eXwle￿e￿d oth2rlactors that are ￿nsth[ed to be rdÈ¥ant. Aeiual resuhs maydrfTer fromihese È5tirnatÈs. The esbmaias UThlè￿"ng as$L￿P￿￿$ are th) an oryyrKJ trays. RewsNMs to acetyJnbng estimat￿ arè recognisad in the perk in ¥Jh¢h Ihe esDmai8 is rwsod tsre aff￿$ only Ihal pwithj. or in the pariod of Ihe rwisx)n ar￿ Tuture per1(￿S ¥rt￿re Ihe revi&on affects current a￿1 future peri(xl5. Company Ilmlw by guarantse The company is limited by 9Jardntee. Ihere beny sh￿￿ LZWtal. and as rs (yJntroll by any one pwson bul by board 0fts￿lee9 as a %thde. Al 31 2023 I￿ were 9 tr￿leS exh of%thm had U￿ertaken contr*ute an arrount ro". exceedng £1 in he eventota ￿.

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Dona1k￿$ and UnrEstricted unr6stne￿d fU￿S 2023 DonaiKJry8 Ylts Metnbetship Grants re￿￿* Sp￿SarShip 2,630 17.757 1.893 24.947 18.933 3.524 20.f02 47.227 45.rJ Gratts r¥¢8l¥able lor ￿￿o￿VItIeS Deparlmenl for the emirmrnwt and r￿1 athitEs 1.893 3.524 1.893 3.524 Othei trading a¢livitl8s Unr25tr1Etsd Unr88tri¢ fu￿$ 2023 Gate re￿Ilts Entry lees Fundraising events Trad8stsnds and fran¢l¥sès Ra￿ G3rd5 ￿vertS RabJmed prize rnon8y OthÈrtradiw acfiwty 218.2( 21.264 297 82.179 6.401 2.159 3.157 192.535 21.647 5.597 73.743 9.438 316 Othertr8dirg 8clTr&ities 333.665 311.974 10-

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 UnrEstricted unr6stne￿d fU￿S 2023 8am rental in¢rxne Inlgresi re¢Fivail 46,095 7.2 43.935 319 53.355 44.251 ChawableaCtl￿es Agii¢ultural Agricultural show 2023 Depreualion and hmparrrenl Sh(yNday ¢i>sts Judges expense5 Affiliation fees Printing arKJ adverbsy Showsite costs AttractK)llS PrEe Mor Fidd S buildiryJ ￿PaS &)c&?l expenses Bank charges & Inlwesl Olhershow wsts 18,870 116,412 3,130 1,471 33,170 17,698 23,793 34,7e5 35,999 1¢.f￿9 105.106 4.838 33.145 24.047 22.(V8 30.th)7 53.440 2.418 286,547 291.527 SharE of w)vernarKE L¥)sts isee wle 81 17.950 312,187 309.477 Anatysis by fund u￿r￿trIc￿d l￿d9 Restrthd fthds 307,11g 2.158 2,358 312,187 309.477

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 $uppwt ¢ost$ 2023 Acwunt3n Secrerary ar￿ assstit secrÈwy OthWgov8tnan￿ 9(KJ 24.410 330 940 16.(J)O 1.010 24.410 330 25.640 17. Anlyd btrtw¢n chantsb￿ activthes 25.640 25.640 17.950 TruslEes Mr l Ross. trustee recaved remuneratDn loulkig È7.SS2 on beharf of hi4 role as Ihe tharityg bookkeeper and actirvJ 8ecr8taty. Intslees ttE satisfied they ￿ the trestppr￿ fcrlhe IDD. No r$Thu￿ralk7n or altrw berefits from empknyrnenl ￿th the tharty Qr a entrfy were ￿¢￿yed by the olher U¥￿&¥. Expenses relatiry lo persona u)sts t(kal￿g £160 rwthtsed 50 that the tr￿1￿ ￿Uld (xrt his duties. 10 2023 N￿lber Numbtrr There were ￿ e￿P10yEes wIK)se arn￿1 rErnurwalK)nWdS rrKKe Ihan £60,(MX). other Unr¢strktd fiJrK T(al 2023 Investment managerenl fee 8W2 12-

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 12 Tanglblg flxed Jiwir Cost At 1 TrknvnbÈr 2022 AdJiti)ns 423.069 2.703 70.315 15.855 2,235 360 495.619 18.918 At 31 Olober 2023 425.772 ,170 2.595 514.537 D•pr￿la110￿ and Impalm￿nI Al 1 November 2022 D&preci8bon cherged in theyear 56.238 9.463 16.468 9.D78 52 329 72.758 18.870 At 31 O&obFr 2023 65.701 25.546 381 91,628 CarTring arnowt At 31 October 2023 360.OTI 80.824 2.214 422.9)9 Al 31 Orxober 2022 366.831 53.847 2.183 422.861 Additsonal assets hdd and used by thecompany Ilt n ful In kne Inan(Jai stathents IncludB Secrelary's carayan Offi￿, TrcyhEs. Show eqUiW￿t, Olfy% fumrtwe. Sltw ￿)n￿ners. Per)I￿al CixnWteraT￿ fees. 13 Debtors 20Z3 2022 Amounts falllng due ono y•. Tiade debl(x5 Oiherdebtor5 PretkYM￿ts and irK(K 3.925 1.056 5.179 1.148 14 Currnrtass•t InvoStTr*nts 2023 2022 Dewwl ¥cwJnts 245.109 13-

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 15 ¢rfydltws'. amoynts lallingknwithin (￿￿Y￿ar 20rJ Z022 OthertaxalK)n and w￿rity Tiade creditors OiPer¢redrtus Accruals and defwred irKrrte 203 1,017 3.OLY) 5.670 16 Re51riGtedlund5 The ￿0￿¥3 funds of the charity Ind￿18 reslricied fvnds Unexpe￿j￿ bg18nces of donati￿8 and grants hdd on trustfor specthc purwse5." at prywyJEd31 1)¢obEr2V23 l Il¢v￿￿b￿r2o?? Freefts￿ land Anienity fund Durharn ￿nty cowcl 175.631 42,443 2.35 12.3581 178.989 3T.727 178.￿9 35.369 12.3S81 12.3581 6,574 {2.358) 224.216 12.3581 221.858 Free1K￿ 18nd represents the slwr¢xThY laid anJ t￿l￿11¥J$ by the tharity Amènibtss Bild￿9 FufKI w8sètsts tt) tyants, raino$ ro¢wd i￿11￿1￿ th$ amonrty buihjing in 2014. Durh¥rn Cwnty Cwrol rewewts finliro Iward$lheC￿of0e¥￿p￿￿ Fok. 17 AnatyJits of net assets bet￿efi funds Total Unre5trcted funds 2022 Reslncte furvjs 2022 T(al 2023 2023 2023 Fund babwe5 * 31 Octoter 202J are represented by". Tangib￿ ass•ls CJrr8ni 8ssetslllot#libes1 201.051 221.858 4Z2. 466.965 198.645 345.845 4.216 422.861 345.845 668.016 221.8S8 889.874 544.4 224216 768.706 Related pavty tr*nsxtiuns 14-

WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 OCTOBER 2023 Rdatsd party trtnsactions (Continued) Tran8actlon8 ￿tith related parties During the ye¥ kne charity entered IntothefiAky￿ t￿￿1￿)￿s Vrith rdated partEs". PayTrwts totalling £2.￿l2022.. £22.6531 m810 O•id Bryjs Plant Hire thi reskxt ofplani hire & ConstrW￿Qn serVI￿S Mr D Brn￿s. Tiustee: 15 ts txrymetot of Dawd Flant Hiie. Al 31 OrlrA)er2023 there y￿e m amwrrts outstsrtdity ￿h¥O￿n tho ¢harity and David &iggs Hartt I Ir&. Paywis 1018ling £7.2fA)12022." £4,OWI we madt 10 S W In Yes￿ ofwrKts keepingwo on ihè site during ye8r. Mr S W py￿)￿ne. is the ￿ of K G PytKwme. Tr￿e At 31 (ktobw 2023 Iher& were w amwnts 15-

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