Charlty reglstration numbèr 108209S Company Tegistratlon number 03968279 (England and Wales) WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY LEGALAND ADMINISTRATIVE INFORMATION Mr J Bell Mr G Pytsoume Mr K Lough Mr J Emmerson Mr Philip Ktslker Mr J Suddes Charity numbor 1082095 Company number 03968279 R•gistsr•d offic• 5 Henson Close South Church Enterwse Park 'shop Aeand Co Durham DL14 6WA Independent examlner Mr J Yarrow FCA Ajlen SykesAudrt Lirnrted 5 Henson Cjose South Church Enterprise Park BishopAuckland Co Durham DL14 6WA
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY CONTENTS Page TnJstees' report Independent examiners F¥t Statement of finanual activrties Statement of finarrial p)srtion Notes lo the financial statements 6-15
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 OCTOBER 2025 The TTuslees , who are also the dir9Ctors for the purposes of company law, present their annual reFQrt and financial ststements for the yèar @nded 31 October 2025. The financial statements have been prepared in accordan the accounting policies sel otrt in note 1 to the financial slalements and compty wrth the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charrties preparing their &C(nts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 102). {effeGtNe 1 January 20191. Oblectlves and activities The chantable objeclNe of the Socigty and wncipal activity is lo promote improvement in the breeding of lives1k and to Improve the stsndards of farming and tsmi craft for the farmers residing wthin the aa. In pl8nning our aclivibes the trustees have given due regard lo guhlance publtshed by the Chanty Commission on public benefft. Achievements and pgrfornwnce Followng a wel day on the Sunday for the 2024 show, we were On again bles1 with good seasonal weather for the 2025 event. This ensured that attendances on the Suihjay were back lo the levels of previous years. Interest in supporting the show by way of sp)nSoh1p remained strong and we remain grateful to tre conts'nued support from our major sponsors, East Durham College, Northem Metsl Recycling, Martin Bell Car Sales, prpItCh Services, The Feed warehSe. Pinnacle Re-Tek, Grahams Logs & fimber & R A Darton Properties and also wekomed increased sponsorship from Wdrd Timber. In the sh¢)wJumping arena we were delighted to attract a new main sponsor In Stephex Horseboxes. These main Sp50r3 cts'nued to be supplemented by a cortsideraUe number of other main show & section sponsors- a sincere thank y to you all. ilsl the first weekend in September will aAys remain our main focus of the year. we conb.nue lo maintain a steady stream of other income from bam & 1 hire lets during the year. Desprte falling interest ratss, investment income has also been upheld. This actity & income serves to prowde a buffer against any future pts)r wet weather show weekends. The ongoing investment in the WFI offeriThJ has proved a huge success tr toth the society and trajers alik8 and further work is ongoing to build on the progress made. A proj'ect lo improve the water suppty on the shwround was also started during the year and this WO should bg Completed in the coming months. Another major project was the provision of fencing arouThJ part of the main ring. This has been deemed to be significant improvement in that area and plans are in to fence off the rest of the main rirvJ in a similar fashion As the show has grown over the last few years. so have the demands on the commrttee, officials & volunteers of the Sctiety and therefore a decision has been taken to LSter the administrth've funcbon of the SocAety by looking to employ a part lime Offi administrator to cornplernent our existing function. The process to wrurt this person will be undertaken over tr nter M$. Flnanclal revlew The annual resulis show a surplus of £164.68712024'. £91,30n. The lev81 of unreslrided free reser¥es at 31st October 2025 was £699,570 (2024.. £,973). The charrty requires reserves (money not designated for any purposes) in order to fvnd the promsion of the annual sh¢)w and lo improve the on sile facilrtie5. The trustees con&der that reserves of at least the cost of hddiThJ the show be held. together wfth sufficient ftjnds to en8ble the kn.ety to finance the purchase of add.0al f8ciltts.es for the showground.
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Structure, governance and management Wolgingham and W•gr Valloy Agrieultural SOC io a prrvatè limitèd eompary and J wistered charity. Thé company is limited ty guarantee with the guarantors being Ihe member5 to the extent of £1 ea¢h. The registered charty number is 1082095. The cornpany was established under a Memorandum of Assouation which estsuished the objects and p(Avers of the chartsble company and is govemed under it5 Arb"cles of Association. In the event of the compary being wound up members are required to contribute an amount not exceeding £1 e. Admission of members to the soryety is by Writing to the S8Cfelary of the Swety which is then ccfflsidered by the S¢xietys Council for admission. The TTUSt6è5, who are also the directors fr)r the purposè of MpanY law. and who served during the year ond up lo the date of signature of the financial statements were.. Mr J Hodgson (Resignèd 21 November 20251 Mr l Ross IResvJned 13 February 20251 Mr J Bell Mr G Pybourne Mr K Lough Mr J Emmerson Mr Philip Walkèr Mr J Suddes Mr R Lawson {Appointed 13 March 2025 aThl resigned 10April 2025) Trustee inductoon and trainlng Most trustees are familiar wlh practical of Ihe charity and are encouraged to lake on relevant training. Small company provisions This report has been prepare(i in accordance with the prowsions applicable to companw entrtled to the sm811 companies exemption. The trustees. report was approved ty the Board ofTrustee$. Mr Philip Walker Trusteo Date..
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY I report to th• Tru8tèa8 on my ey8mination ol the finanL?¥1 statements of 1s1n9haM and Or Valley AgriGultural Society (the charity) for the year ended 31 October 2025. Responsibilitiés and b¥sis of report As the Trustees of the charity land also rts directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 20C6 {Ihe 2006 Hawng satisfied myself that the )7nancial stslements of the chanty a nol required to be audita4 under Part 16 01 thè 2006 Act and are eligible for independent examinab"on, I report in respect of my examinats'on gf the charty's financial statements carried (yJt under section 145 of the Chanties Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Direction$ gwen by the Charity Commission under section 14515llbl of Ihe 2011 Act. Independent examlnefs statemènt Since the charl5 gross Income exceeded £250,000 your examiner must be a member of 8 body IisteL1 in section 145 of the 2011 Act. I confimi that l am qualthed to uThJertake th& eXamIr10n tsause l am a member of ICAEW, which is one of the listed bodies. I have completed my exaMinatic. I confimi that rn matters have come to my 8ttenb.on in connectic With the examinalion giving me cause to Llieve lh in any material respect.. accounting records were not kept in respect of tharity as required by Section 386 of tha 2006 A¢t', or the financial statements do not accord wtth tIMJ8e reoxds.. or the financial statements do not com wth the accounting requ1MentS of se¢tion 396 of the 2006 Act other than any requirement that the account8 gTve a true and tsir vivw which is not a matter corsiderwj a5 part of an independent examinaty'on., or the financial stat8nnIS have not been prepared in accordance with the methods and princie8 of the statement of Recommended Practi for accounting and reporling by ¢harities applicabla to charities prepanng their accounts in accordance with the Financ1 Reporting Stsndard applicable in the UK ard Republic of Ireland IFRS 102). I have no concerns have come across no other matters in conneth.on with the examination lo which attention should be drawn in this rewrt in cderto enable a ycper urxjerstanding of tha finanaal statements to tre reached. Mr John Yarrow Independent Examiner Allen Sykes Audit Lirnited 5 Henson Close South Church Enterprise Park Bishop Auckland Co Durham DL14 6WA Dat8d'. I S//iG
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 OCTOBER 2025 Unr8strlctgd Rostricted funds funds 2025 2025 Total Unrestrlcted Restrlcted funds funds 2024 2024 Totsl 2025 2024 Notes Income from: Donations and legacies Other trading activities Investments 72.835 341.678 66.578 72.835 341.678 66.578 57,583 283.198 62,683 57,583 283,198 62,683 Total In¢om• 481.091 481,091 403,464 403,464 Expènditure on: Charitable actmties Other expenditure 314,046 2.358 316,404 309.761 38 2,358 312,119 38 Total expendltur• 314,046 2.358 316,404 309,799 2,358 312.157 Net Incomellexpendllure) and movernent in funds 167.045 12.3581 164.887 93,665 {2,3581 91,307 Reconclllatlon of funds: Fund balan$ at 1 November 2024 761.681 219,SOO 981.181 668.016 221,858 889,874 Fund balancos at 31 (ktober 2025 928,726 217.142 1.145,868 761.681 219.5¢X) 981.181 The statement of financial activthes includes al gains 8ThJ losses recognised in th8 yw. Al iro)me and exwnditure deriva from Continin9 actiwtie8.
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY STATEMENT OF FINANCIAL POSITION ASAT31 OCTOBER 2025 2026 2024 Flxed assets Tangible assets 14 446.298 414.208 Current aets Debtors Investments Cash al bank and in hand 15 16 6.041 331,763 368.018 15,648 340.054 230,749 705.822 586.449 Creditor5: amounts falllng du¢ wlthln one year 17 16.252) {19,4761 Net current assets 699.570 566,973 Totsl a$$ets less currnnt Ilabilitiès 1.145.868 981,181 Income funds Restricted funds Unreslrict8d funds 18 217.142 28,726 219,500 761,681 1.145.866 981,181 The company is entled to the exempbon from Ihe audil uIreMent contsingd in sectTron 477 of the Companies AGI 2006. for the year ended 31 October 2025. The directors acknovAedge their re5ponsiLy'lib'es for complying wrth the requirements of the Companies Act 2006 th respect to accounting records and the preparatic of financial slalements. The members have not required the company to obtain an audit of rts finanaal slatements for the year in quests.on in accordance wlh section 476. The8e financial statements have been prepar&1 in accordarKe vAth the provisions applicable lo companies Subject to the small companies regime. The finarrial Statèments were approved and authorised for is8 by Ihe Trustees on ......................... PJJ Mr Philip Walker Trustee Company registration number 03279
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 Accounting pollciey Charlty Infommtion Wolsingham and Wear Valley Agneultural Souety is a private company limited by guarantee incorporated in England and les. The registered office is 5 Henson Close. South Church Enterprise Park, Bishop Auckland, Co Dutham. DL14 6WA. 1.1 Accountlng eonventlon The financial ststem¢nt8 have been prepared in accor(Jance the charrty's goveming document, t Companies Act 20C6, FRS 102 'The Financial Rep.ng Standard applicable in the UK and Republlc of Irdand" I'FRS 102.1 and the Chartbes SORP "Accounty'ng and ReFX)rting by Charities.. Stslement of Recommended Practi applicable lo charities preparing I1r acLxJunls in &cordance wrth the Financial Repo"n9 Standard applicab in the UK and Republic of Iland IFRS 1021" leffecbve 1 January 20191. The charty is a Public Benefft Entrty as defin&J by FRS 102. Thg charity has taken athantage of the provisiorts in the SORP for tharib.es not to prepare a Stalanenl of Cash Flows. The financial st8tements are prepared in sterting. is the fvnctional o4rrency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The fin8n¢ial statements have been prepared under the historical cost nventiOn, modffied lo indude the revaluation of rtain instruments at fair value. The pnncipal accounts.ng polic adoptgd are set out below. 1.2 Golng concern At the time of appfovrng the financial statements. the Trustees have a reasonable expectation that the charity has adequate resourc6s to continue in operats.onal existence for the foreseeable fvture. Thus the TrLt8eS continue lo adopt the going eonwn baS of aecounting in wep8ring the finanual statements. 1.3 Charitablè funds unrestn.cted fuThJs are available for use al the disugtion of th& TnJste8s in furtherance of their charitable objectives. Restricted fvnds are subjecl to specffic conditions by donors or grantors as to how they may be u8ed. The purposes and uses of the restncted fvnds are set out in the notes to the financial slalemènts. Endowment funds are subject to swcific ConlOnS by dcfflors that the capitsl must be maintsined by the Charity. 1.4 Incom• Incom8 is recognised when the charty is legalty enbued to it after any perf0mlar conditions have t)een mel, the amounts can be measured rdiably, *KI it is probable that irKxJme will be r&eived. Cash donations are recognised on receipt. Other donations are rnISed once the chanty has been notified of the donation, unless performance condrtions require deferral ol the amount. Income tax recoverable in relation lo donations reeeived under GfftAid or deeds of covenant is recognised at the ts'me of the donabon. Legacies are recconised on receipt or otherwise rf the charity has en nOti[d of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legaGy is treated as a conliriJ8nl asset.
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Accounting pollcles (Continu) 1.6 Expenditure Expenditure is recognised once there is a legal OT constructive obligth'on lo transfer economic benefit lo a third party. rt is probable that a transfer of econclIC beneffts wll be required in setllement, and the afftounl of the obligab.on can be measured reliabty. Expenditure is dassffied by actmty. The costs of each acbvity ar& made up of the lotsl of dir&t costs and shared costs, including supwrt costs invofved in undertakiThJ each actsvty. Direct o)sts attnbutatje lo a single activity are allocated diredjy lo that acbvity. Shared costs which contribute to more than one activty and support costs which are not attributable to a single a¢tiw'ty are apwrb.oned befvn those activittes on a basis ¢onsislenÉ wth the use of res(yJrce$. Central stsff costs are allocated on tho basis of time Spent, and deFwiation charges are allocated on t porb.on of the asset's Use. 1.6 Tanglblo fix•d assets Tangible fixed assets are initialty measured at o)st and subsequentty measured at cost or valuation. net ol depr8ciakn.on arKI any impa1ent losses. Depreeiab"on 15 recognised so as to write off the cost or Valuati of assets less their residual values over Ih&r useful lives on the following bases" Freehold land and buildings Show equipment IT equipment 4% strayht line 15% reduang balance 15% reducing baLgnce The gain or loss aring on the disFosal of an asset is detetmined a5 the drfference between the sale prtteeds and the carrwng value of the asset. and Is recognised in the $12tement of financial 8th'vrties. 1.7 1mpalrnnt of fixed assets At each Teporting end date, the chanty revwts the ¢arrwng amounts of its tangible assets lo determine whether there is any indication that those assets have suffered an impaimient loss. If any such indration exists. the recoverable amount of the asset is esth"maled in order to delennine the extent of the impairment loss {if any). 1.8 Cash and cash equivalerrts Cash and cash 8quivalent$ include tash in hand. deposits held at call wrth banks, other 8hort-tem liquid investments wrth onginal maturities of three months or *s, and bank overdrafts. Bank overdrafts are shown wrthin borrowng$ in Curn1 liabilities. 1.9 Flnanclal Instruments The charity has elected lo apply the provisions of Seth"on 11 'Basi¢ Finanoal Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its finan¢iaJ instnjments. Financial instruments are recognised in the charitys balance sheet when the charity becomes party to the ¢ontractual provisions of the instrument. Financial assets and liabiljties a offset, with the t amounts presented in the financial statements, vthen there is a legalty enforceabie right lo sel off the recognised amounts th•r8 an intention lo setue on a not basis or to realise the asset and settle the liabilty simultar)eously.
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 AGGountlng poll¢les {Contlnu•d) Ba$1¢ Ilnancial assets Basic finaneial a5sels, which indud8 debtors and eash and bank balances, are initi'ally measured at transacbon wce induding Iransa¢b"on costs and arg subsequentty carried at amortised cost usng the effective Interest method unless the arrangement constrtutes a financing transacbon. where the transaction 18 measured at tha present value of the future receipts discounted al a market rate Qf interest. Financial a$5915 dassified as receivable wit1 one year are not amortised. Baslc finan¢lal liabilitias Basic financial liabilities, indudiry creditors and bank108ns are inibalty recogni$ed at transaction price unless the arrangement constitutes a )Inancing transactKJn, where the debt instrument is measured at the present Value of the future payments discouftted al a market rate of interest. Financial liabilities ¢lassffied as payable within one year are not amortised. Trade creditors are obligations to pay for goods or seNces thai have been wuired in tke Ordin course ol operations from suppliers. Arnounts payable are classffied as current liabilib'es if payment is due within one year or less. If not, tw a presented as non-cJJrrent liabiljties. Trade creditors are reccqnised initially at transaction price and subsequentty measured at amortised cost using the effectrve interest method. ritlcal accounting estlmates and ludgemeTrts In the application of the charTty'$ accounting pOIleS. the Trustees are required lo mak8 judgernts, eslimales and assumptions about the carying amount of assets and Ik?bilities that are not readily apparent from other souros. The estimates arKI associated assumptions are based on histon.cal experien and other factors that are Considered to be relevant. Adual results may drffer from these estimates. The estimates 8nd und8tying assumptions are reVId on an ongoing basis. Revisions lo accounting estimates are reccxjnised in the period in }iCh the estimate is revised vthere the revision affects lY that period, or in the rIOd of the revision and firture periods vthere the rewsion affects toth current and future riods. Company Ilmltod by guarantèg The company is limifrd by guardlltee. there being no share capital. and as such is not controllad ty any one person bLrt by the board of trustees as a vthole. At 31 October 2025 there wwe 8 tnjsloes each ol whom had undertaken to contribute an amount not exceeding £1 in the event of a wndin9 UP. Donations and 1ogacl88 Unrnstricted Unrestricted nds funds 2025 2024 Donations and gifts Membership Grants re¢Vable Sponsorship Donated goods and seNices Other 2,300 21.841 13,127 31,225 4.185 157 18,878 3,470 35.235 72,835 57.583
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Donations and legacios Icontlnuedl Grants re¢elv•ble for core activllles Department forthe environment and wral activibes Durham County Council 3,127 10,000 3,470 13,127 3,470 Donated goods and sèrvi¢oS Special thanks to Ward Timber mrted for donab.ng fencing suwies to the charity lotalllng £4,185. Incomè from other lrndlng a¢thfltles Unr•strlcted Unrtricted funds funds 2025 2024 Gale receipts Entry fees Fundraising events Tradeslands and frahiseS Race cards and adverts Returned prize money Other trading activity 220,920 27.378 2,450 84.671 5,270 164,858 23.179 2,891 82,159 5,590 1,773 2,748 989 Other tradirvJ actNitie3 341,678 283,198 Inv•stments Unr8strlcted Unrestricted funds funds 2025 2024 Bam rental income Interest receivable 46.872 19.706 42,890 19,793 e6,578 62.683
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Expendlture on charitable actiylties Agricultural Agrlcultural show show 2026 2024 Dlrèct costs Depreciation and impairment Show day costs Judges expenses Affiliation fees Printing and adverbsin9 Show site costs Attractions PrE8 money Field & building repairs s¢al event expenses Bank Charges & interest Grants given lo other charities 19,088 146,967 2,725 1.165 27,709 23,717 13,902 35.860 15,3 18,896 132,520 2,807 1,504 28,839 20,243 14.986 38,824 19,C62 1,702 786 1,980 505 1.650 288,654 282,129 Share of support and gov•mance costs (see n¢>te 8 GovemarKe 27,750 29,990 316,404 312,119 Analysts by fund Unrestricted furKIs Restricted funds 314,046 2,358 309,761 2,358 316,404 312,119 8upwrt costs allocated to activiti88 2026 2024 Govemance costs 27.750 29,990 Agricultural show 27,750 29,990 10-
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 Other Total Unrestricted furbys 2025 2024 Investment marwement fee 38 38 10 Net movemènt in funds 2025 2024 The net mov8ment in fijnds is ststed after chargingl{ereditirwJ)'. Fees payable for the irKlependent examination of the thanlys financial stslements DepreCiatn of t)wn8d tsngible fixed assets 990 19,088 900 18,896 11 Trusle8s Mr l R¢)SS, trustee received remUneratiC totslling £1.875 (2024.. £7,5) M behalf of his role as the charity's bookkeeper. The trustees are satisfied they are the best person for the Job. Mr l Ross resigned as a trustee in February 2025 birt remained in role as the Ch8nS trthkkèeper. Expen$es relats'ng to Fen80nal computer costs tcrtaling £10512024." £88) V•ere reimburseLI so that the ITUStee ¢ouKI carry out his duties. No remuneration or other beneffts frcrfn employment th Ihe charity or a rplated entity were received by the other trustees. 12 Employees The average monthly number of employees during the yearwas. 2025 Numbèr 2024 Numbor Employmgnt Costs 2025 2024 Wages and salaries 7,St)O 10,419 7,500 10,419 Ther8 were no employees whose annual rernunerakn was more than £60.0. 11
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 13 Taxatlon The chanty is exempt from taxation C its activils tttau all its inccrfne is applied for charrtabie PUWise8. 14 Tangibla fixed assots Fr¢ehold land Show IT equ1w1rt and buildbrffJ¥ ewiww Tolal Cost At 1 November 2024 Addlttons 435,772 26.917 86.365 22,335 2.595 1.926 524,732 51,178 At 31 October 2025 462.fj89 108,700 4.521 575,910 08prèciatron and impalmieTrt At 1 November 2024 Depreciation chargad in the year 75,164 10,324 34,647 8,405 713 359 110,524 19.088 At 31 October 2025 85.488 43.052 1,072 129,612 Carylng amount At 31 October 2025 377,201 65.648 3.449 44S,298 At 31 October 2024 360,608 51.718 1.882 414,208 Additional 8ssets held and us&J ty the company but vnitien off in full in the financial statements include Secretsrls caravan office, Trophies, SIK)w equipment. Office fvmiture, Storage ntainers. Personal computer and annIng fees. 15 Dgbtors Amounts falling due wlthln one year: 2026 2024 Trade debtors Other debtors Prepayments and accrued income 4,905 1,056 80 14,510 1.056 80 6,041 15.646 16 Current asset inv•stm•nts 2025 2024 D8po8rt accounts 331,763 340,054 12-
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 17 Credltorn: amounts falllng due withln one year 2026 2024 Other taxati¢)n and social Urty Trade creditors Other creditors Accruals and deleffed income 125 1.573 3.000 1,554 125 3,639 3,000 12,712 6,252 19,476 18 Restrlclod funds The reslrlcted funds of the charrty comprtse the un8XP9rkled balancts of dcffjation8 and grants held on trust subject to spea.fic Conditior by doMTS as to hoyw they may us&J. At1 November 2024 Resources At 31 O¢tobBr oxpended 2026 Freehjld land Amenity building fund Dutham County council 178,989 33.011 178,989 30.653 7,500 (2,3581 219.500 12,358) 217,142 PrsvlouB year. At1 NOVemr 2023 Resources At 31 October expended 2024 Freehold18nd Amenty building fund Durham county ¢KJunal 178,989 35,369 178,989 33,011 7,500 (2,358) 221,858 12,358) 219,500 FehOld land r¢pr&sents the sh¢)wgrouThJ land and buildings held by the charity. Amanrtyes Building Fund represents the grartts, raffles and donations received towards buikling tha new amenity t¥Jilding in 2014. Durham County C¢)uncil represents fvndiNJ prowded tcwards the cost of deveh)ping the car park. 13-
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 19 Unr•strf¢t•d funds The unrestricted fvnds of the charity comprise the un8xpended balanS of donations and grants which ar8 not subject lo specrfic conditions by donors and grantors as to how they may be used. Those indude design8tsd fund8 which have been set a8ide out of unreslricled funds by the trustees for $pifiC purpose8. A11 Nov•mb•r 2024 Incomlng At 31 Octob•r r•8ourc•¢ •xp•nd•d 2026 G•n•r81 fvnd• 781.881 481,091 {314,048) 928,726 Prèvlous year: At1 Inc(mlng Resources At 31 October Nov•mb•r rowurc•8 0xnd9d 2024 2023 General fund8 888.016 403.464 {309,7991 781,881 20 Analy•l• of not a•••ts b•lwv•n funds Unre¥lrfct•d Re•trl¢t•d funds fund$ 2026 2026 Tot41 2025 At 31 Octob•r 2025: Tangible assds Gurrenl assetslllkqtslitres) 229,156 699.570 217,142 446,298 699,570 928.726 217.142 1.145.868 Unr••trlct•d Rejtrlcted fvndv funds 2024 2024 Total 2024 At 31 October 2024: Tangible assets Current assetsllliabililiesl 194.708 566,973 219,500 414,208 566,973 781,681 219,500 981,181 21 Relatsd party trnnsactlons Tran¥actlons wlth relat•d part During the ygar tho charity enteréd into the folln9 transactions Tmth rdated partle8". 14-
WOLSINGHAM AND WEAR VALLEY AGRICULTURAL SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 OCTOBER 2025 21 Related party transactlons IC¢)ntlnuedl Payments lotsling £7,50012024.. £7.3331 were made lo Mr S W pylMe in respect of grourKls keeping wot1( on the site dLtring the year. Mr S W Pyboume, is the son of Mr G Pyboume. Trustee. At 31 October 2025 the were Th) amounts outstanding bets4Een the chanty and Mr S W Pyboume. 15-