¢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 treL*d 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￿$S ofwwryous yews. il is estimated that ￿ ex￿SOf40.OQO
is11(Ks attended the overthe two days and ¥wi treale(I lo a *tM)le r￿ge of exhtyts & aUr¥tws.
&v6n thè kn￿all. the thow rÉmains trver PLpJkrwith irK*Jor& Ixrte(x)r *2nds alike*ith aP[￿N 270 tr8d8 stands
combhed attendw in 2023.
We rel8ined owfooLs on ycfflobon * *fverb$￿ *iknthe rc*dsde 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 sa*s 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. St*p¢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￿ B*n' and th￿￿￿ul the y&ar lor
811 ofevents frcAm ctrrwerirys & weddirysto 8ni*iuel•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. tr*Genw¥ 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 & at*nowled9ed
but I would aL%o Il<e to thank Davil pers(rf￿1y f¢Y the W he wwded lo rfe rny 4 year$ as Chairman. Treiob of
finding a Successor lo Da¥id has3ke3dy started and the Wythat David has leftwll pr￿Ide an ex￿lent pkrform for his
Su￿ssart0 build on suEces50f re(￿nt￿￿5.
I￿1 ol people I like to Ihank torlher hdp &aWstan￿ is 9real spe￿￿ thanks rnuslgo *) our groundsman.
Stethen Pybourne & hi$ 18afn. ￿yk￿$ have ￿reaSe￿ sigThfic8ntty * the shtyy has expanded. ￿ Jso rnassve
anks lo all section secreknes and cunmrttee memb￿5. [r￿Y Orw￿1[￿ fflake unseen vrfal contntxJlK)ns lo the show
Énd wknulthose he￿ the shvw wThJbJ be**wp it ￿ t*.
Thank you again ts> An(trew Hal. lan S￿l￿g. RKthard Strl*4 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 r*wgn5 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$te￿ thanty. The crmpany is
hmiled by guaranl¥e with guarantors beiig Ihe mentss to tthe ext*it of £1 e8ch. Tr,8 r8gi$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$￿￿3￿C1I. In the *enl of the ctryany b*n9 *wnd up mernbers
8re requyed to contri￿le ￿ an￿jnI Th)1 exce<irvJ £1 exh.
Ad￿lSSIon ol rnembet5 to the s(Kiety is by YATibng lo the SeLTetary of the &￿iEty wlmch is Ihen (xxNdered by tr￿ s￿￿e￿5
Coun￿1 for ￿rri$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$ts* indu¢tityn arti irnirbiTwJ
Most trusteesare famqor wth the vac1￿81 ￿rk oflts and ¥e erwJrW ro t*e ￿ relevant trainiro
Small coM￿Y provislons
Th￿ rewrt has been Prepar￿ in auxrdance *ilh IhE wo¥isi￿S ap￿1(aLle lo u)ryaries entiued to the small u)mwan￿3
e%trmphon.
trustÈÈ$' 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 L*Wd*NJham 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 c*mpany 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 trx*ninakn. 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 ott*r 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 movon*nt 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 ¥thit*5 ￿¢￿￿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
Inv*slmBnts
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
Tru*ee
Ctrwany re9*ltsticfi rwJmi*r039S8279

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 sta*rfftnts halt in a¢¢r*darte 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 S*mem ofcash Flo￿
ie fiilaiKi41 S￿￿1n￿lIlS ¢ilv Il Siwlifvj, v4hKth is fwMNwl ufiiw t*wiily. 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 oriThstnM*Ne dAvja1￿to tra[the(￿Orn1C benefrttoa third party, rt
1$ kYObabl6 thai a Iransf*rot￿rth￿ bènaffts ba reQ￿red w) Stlty8ff￿1. amoml of oblKJabon Can b&
mea9Jred rdigbly.
ExpPrKIlu￿ is d¥s5ifpd byxty￿ty. (xEts ole*h **vity tn*J& ￿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 tysourc*8.
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 b*rte
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 sts*mw*olfinwcial 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 ¥ss*s have suff8r8d * imparm¥)t bss. If aiy suth irKScatity) 8Kists. the r8¢yMi*l8
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 bar*s. other short-term li(WKI investments
wilh on9n81 m8turths oftr*ee 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 labilit*sare 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 ba*n￿. ￿e initsally measured at pri
induding Iransathth Costs and are **ÉeqJenity<4rried al amb$￿ ct61 tre eff￿*r￿* mlw8st m*thtsY unless
Ihe afra￿ement￿$t￿te$a ts3nsaul￿, tre trnnsaath￿ measure(l at the r￿es￿l value of
future receipts (*S￿nted ata rn8rket r*e of interESt. Finaml 85$* 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 finar*ir¥J the debtins".rumwl ts measur8d al Ihe pre￿1 vau* of the
fuiure paYmentsdiscoun￿ ata market rate of inleresL Finarrti* IK*xinies 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 cbssif*d 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 effeL*we nlet25t tnetkKwJ.
DeTr¢ognlllon of Iln4n¢lalllo1)111¢19s
Financial lthilthes are ￿￿e￿￿Sed ￿en the ch3rity"s cor*r&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 08bm*os
In Ihe ¥p￿1¢ab￿ oftr* ¢h8fity'S a¢CW)tm9 OKies. ** Tr￿tte$8* wuir&l to m*eiud9enw)ts. esbni8les 8
aswmplw)ns amul the carrying anKurt ofassets >)d hablii*s tlk41 are re**ly app¥wi fr(xm ￿her
eslhThates aThl assoC￿ted as5WWK)n5¥e based on histQnGa eXwle￿e￿d oth2rlactors that are ￿nsth[ed to be
rdÈ¥ant. Aeiual resuhs maydrfTer fromihese È5tirnatÈs.
The esbmaias UThlè￿"ng as$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￿le*S 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
Chaw*ableaCtl￿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 ￿Pa*S
&)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￿ assst*it secrÈwy
OthWgov8tnan￿
9(KJ
24.410
330
940
16.(J)O
1.010
24.410
330
25.640
17.
Anly*d 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¢strkt*d
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 Trknv*nbÈr 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 lalling*knwithin (￿￿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 m*810 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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the Companies Act ?006.