| President | Her Royal Highness The Princess Royal KG KT | Her Royal Highness The Princess Royal KG KT | Her Royal Highness The Princess Royal KG KT | ||
|---|---|---|---|---|---|
| Chairman | Sir Nicholas Bacon BtOBE DL | ||||
| Charity number | 1101337 | ||||
| Company | number | 04941444 | |||
| Registered | office | Norfolk Showground | |||
| Dereham Road |
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| Norwich | |||||
| England | |||||
| NR5 OTT | |||||
| Independent examiner |
Roseanne Bennett BSc(Hons) FCA |
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| 17Walkergate | |||||
| Berwick-upon-Tweed | |||||
| Northumberland | |||||
| TD15 1DJ | |||||
| Bankers | Royal Bank ofScotland | ||||
| 30 Liston Road | |||||
| Newbridge | |||||
| Edinburgh | |||||
| EH28 8SS | |||||
| Office Holders | Michael Lambert LVO, Honorary Secretary |
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| Allan J Murray, Honorary Treasurer |
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| Simon Orpwood, Honorary Liaison Officer |
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| Breyton Milford, Next Generation Facilitator |
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| Rebecca Dawes, Next Generation Facilitator |
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| Directors | and Trustees | Billy Martin, Royal Ulster Agricultural | Society | ||
| Christopher P Riddle, Royal Cornwall |
Agricultural | Association | |||
| Christine Knipe, Westmorland Agricultural |
Society | ||||
| William Amott, Royal Highland and Agricultural Society ofScotland |
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| Aled Jones, Next Generation Facilitator |
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| Will Hyde, Next Generation Facilitator |
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| Will Prichard (Co-opted) | |||||
| Geoffrey W Burgess, Royal Smithfield | Club | ||||
| Robert N F Drewett, Royal Bath and West |
of England Society | ||||
| Overseas | Trustees | John Bennett, ASA and RAS New South Wales, Australia | |||
| David Thomas, ASA and RNAIA, Australia | |||||
| Johan Ehlers, Agri-Expo South Africa |
| Current financial year | Current financial year | Current financial year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | |||||||
| general | designated | ||||||||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||||
| Notes | R | ||||||||
| Income and endowments | from. | ||||||||
| Donations and |
legacies | 109 | 40,000 | 40,109 | 6,071 | ||||
| Charitable activities |
11,270 | 11,270 | 9,301 | ||||||
| Investments | 4,462 | 4,462 | 4,216 | ||||||
| Other income | 200 | 200 | |||||||
| Total income | 16,041 | 40,000 | 56,041 | 19,588 | |||||
| Ex enditure on: | |||||||||
| Raising funds | 1,575 | 1,575 | 1,624 | ||||||
| Charitable activities |
8,221 | 8,221 | (1,847) | ||||||
| Total expenditure | 9,796 | 9,796 | (223) | ||||||
| Net gains/(losses) | on investments | 12 | (24,587) | (24,587) | 19,082 | ||||
| Net movement | In | funds | (18,342) | 40,000 | 21,658 | 38,893 | |||
| Net movement | in | funds | (18,342) | 40,000 | 21,658 | 38,893 | |||
| Fund balances | at 1 January | 2022 | 201,090 | 10,000 | 3,597 | 214,687 | 175,794 | ||
| Fund balances | at | 31December 2022 | 182,748 | 10,000 | 43,597 | 236,345 | 214,687 |
| Prior financial | year | year | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Restricted | Total | |||||
| funds | funds | funds | ||||||
| general | designated | |||||||
| 2021 | 2021 | 2021 | ||||||
| Notes | ||||||||
| Income and endowments | from: | |||||||
| Donations and |
legacies | 6,071 | 6,071 | |||||
| Charitable activities |
9,301 | 9,301 | ||||||
| Investments | 4,216 | 4,216 | ||||||
| Total income | 19,588 | 19,588 | ||||||
| Ex enditure on: | ||||||||
| Raising funds | 1,624 | 1,624 | ||||||
| Charitable activities |
(1,847) | (1,847) | ||||||
| Total expenditure | (223) | (223) | ||||||
| Net gains/(losses) | on investments | 12 | 19,082 | 19,082 | ||||
| Net movement | in | funds | 38,893 | 38,893 | ||||
| Fund balances | at 1 January | 2021 | 162,197 | 10,000 | 3,597 | 175,794 | ||
| Fund balances | at | 31December 2021 | 201,090 | 10,000 | 3,597 | 214,687 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| Investments | 13 | 193,168 | 189,121 | |||
| Current assets | ||||||
| Stocks | 15 | 3,699 | 3,699 | |||
| Debtors | 16 | 610 | 768 | |||
| Cash at bank and in | hand | 40,968 | 23,909 | |||
| 45,277 | 28,376 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 17 | (2,100) | (2,810) | |||
| Net current assets | 43,177 | 25,566 | ||||
| Total assets less current liabilities | 236,345 | 214,687 | ||||
| Income funds | ||||||
| Restricted funds | 19 | 43,597 | 3,597 | |||
| Unrestricted funds |
192,748 | 211,090 | ||||
| 236,345 | 214,687 |
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| general | general | |
| 2022 | 2021 | |
| Subscriptions | 11,270 | 9,301 |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| general | general | ||||
| 2022 | 2021 | ||||
| Income | from | listed | investments | 4,462 | 4,216 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| general | general | |||
| 2022 | 2021 | |||
| Compensation | 200 | |||
| Raising funds | ||||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| general | general | |||
| 2022 | 2021 | |||
| investment | management | fees | 1,575 | 1,624 |
| 1,575 | 1,624 |
| Management | Management | Management | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| and | and | |||||||||
| administration | administration | |||||||||
| 2022 | 2021 | |||||||||
| Management fee |
(8,010) | |||||||||
| Insurance | 904 | 954 | ||||||||
| Website costs | 2,784 | 1,570 | ||||||||
| Honorary | Officers travelling | expenses | 2,356 | 351 | ||||||
| Bank charges | 278 | 265 | ||||||||
| Promotional expenditure |
344 | |||||||||
| Sundry expenses | 45 | 13 | ||||||||
| 6,367 | (4,513) | |||||||||
| Share of | governance | costs | (see note 9) | 1,854 | 2,666 | |||||
| 8,221 | (1,847) | |||||||||
| 9 | Support | costs | ||||||||
| Governance | 2022 | Governance | 2021 | |||||||
| costs | costs | |||||||||
| f | ||||||||||
| Legal and professional | 600 | 600 | ||||||||
| Independent examination |
fees | 1,254 | 1,254 | 2,666 | 2,666 | |||||
| 1,854 | 1,854 | 2,666 | 2,666 | |||||||
| Analysed | between | |||||||||
| Charitable activities |
1,854 | 1,854 | 2,666 | 2,666 |
| Unrestricted | Unrestricted | Unrestricted | |||
|---|---|---|---|---|---|
| funds | funds | ||||
| general | general | ||||
| 2022 | 2021 | ||||
| Revaluation | of | investments | (45,080) | 18,000 | |
| Gain/(loss) | on | sale ofinvestments | 20,493 | 1,082 | |
| (24,587) | 19,082 |
| Listed | Cash in | Total | |||||
|---|---|---|---|---|---|---|---|
| investments | portfolio | ||||||
| Cost or valuation | |||||||
| At 1 January 2022 | 187,051 | 2,070 | 189,121 | ||||
| Additions | 72,654 | 79,606 | 152,260 | ||||
| Valuation | changes | (24,588) | (24,588) | ||||
| Disposals | (45,144) | (78,481) | (123,625) | ||||
| At 31 December 2022 | 189,973 | 3,195 | 193,168 | ||||
| Carrying | amount | ||||||
| At 31 December 2022 | 189,973 | 3,195 | 193,168 | ||||
| At 31 December 2021 | 187,051 | 2,070 | 189,121 | ||||
| 14 | Financial | instruments | 2022f | 2021 | |||
| Carrying | amount offinancial assets | ||||||
| Instruments measured |
at fair value through | profit or loss | 189,973 | 187,051 | |||
| 15 | Stocks | ||||||
| 2022 | 2021 | ||||||
| Stock of | ties held | 3,699 | 3,699 |
| 16 | Debtors | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Amounts falling due |
within one year: | ||||||
| Trade debtors | 130 | 24 | |||||
| Prepayments and accrued income |
480 | 744 | |||||
| 610 | 768 | ||||||
| 17 | Creditors. ' amounts | falling due within one year | |||||
| Notes | 2022 f |
2021f | |||||
| Deferred income | 18 | 210 | |||||
| Accruals and deferred | income | 2,100 | 2,600 | ||||
| 2,100 | 2,810 | ||||||
| 18 | Deferred income | ||||||
| 2022 | 2021 | ||||||
| R | |||||||
| Deferred 2022 Member Subscription | Income | 210 | |||||
| Deferred income at | 1 | January 2022 | 210 | ||||
| Released from previous periods | (210) | ||||||
| Resources deferred | in the year | 210 | |||||
| Deferred income at | 31 December 2022 | 210 |
| Movement | Movement | in funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Balance at | Incoming | Balance at | |||||||
| 1 | January 2021 | resources1 | January | 2022 | resources | 31December | |||||
| 2022 | |||||||||||
| Next | Generation | Young | Farmer | Fund | 3,597 | 3,597 | 10,000 | 13,597 | |||
| 2024 | Conference | Fund | 30,000 | 30,000 | |||||||
| 3,597 | 3,597 | 40,000 | 43,597 |
| Movement | Movement | in funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Balance at | Incoming | Balance at | ||||
| 1 | January 2021 | resources1 | January 2022 | resources | 31 December | |||
| 2022 | ||||||||
| R | ||||||||
| Designated | Funds | 10,000 | 10,000 | 10,000 |