2024-10-31-accounts

COMPANY REGIsfRATION NUMBER 5095539 Chaiity Re9istration Number 1103853 TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIErY COMPANY LIMrrED BY GUARANTEE FINANCIAL STATEMENTS 31 ocfoBER 2024 CHEDZ TTERW RTH Chartered Accountants 2 Chartfield House Castle Street Taunton Somerset TA14AS

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS The boanl of trustees Stephen Froud -chair Nigel Handbury lan Coleby Jim Lewis Anne Kearle- VI￿ Chair 'chard Stirling John Hunt Mollie Puttock-jones Ronald Smith Company Secretary Mr J B Lewis Registered office Rumwdl Hall Rumwell Taunton Somerset TA4 IEL Accountants Chedzoy Butterworth Chartered Accountants 2 Chartfield House Castle Street Taunton Somerset TAI 4AS

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE TRusfEES ANNUAL REPORT YEAR ENDED 31 OCTOBER 2024 The Trustee5, who are also Directors for the purposes of company law, have pl@2gure In presenting their report and una(KJited flnancial ststements for the year ended 31st Cktoter 2024 Constitution and Objectives Society was originally formed in 1831 and first register&1 under the Charities Att on ISI September 1993 as Charity 1025605. On P April 2004 the Society was incortK)rat8J at Cardiff under the Companies Att 198S as a private company limited ty guarant￿ and subsa]uently on 20th May 2004 registered with the Charity Commission with the numl 1103853. The obj￿1Ve5 of the &)oety, which have remained substsnb'ally unchanga sin Its formatlon, are -the promotion of horticultu￿ and floricultu￿ for the beneflts of the inhabitants of the Borough of Taunton by the holding of an Annual Show for the exhibition of flowers, fruit and vejetables and by such othw measures as the Direttors may from tlme to tlme thlnk fft." Organisation and Dirertor5 The Society's affairs are managed by the Company Dlrectors who operate in an executive role. A numlEr of key FX)St holders comprise the Show ManagerrEnt Team which is updated on progress ￿rIOdicallY and sutrcommittee5 SUPPOrt the plannlng process. The Charities Acts require the DIr￿or5 to prepare Financial Ststements for each financial year which give a true and fair view of the state of affairs of the Society at the end of tk year, and of the surplus or defiat, selethng 5uitsble accounting i)olioes and to apply them on a consistent basis. Chalrnian's Revlew of Actlvltles 2024 again saw the show being held in the lovely grounds of Vivary Park in Taunton. The park as usual was the ideal location for such a wonderful show being close to the town centre and all its amenities. We were also tless&l with mainly sunny weather which made for the perfect show. During the run up to the show we had some staff changes. We said go(*Jbye to Vikki Pethick the show manager Sin￿ 2015 at the beginning of the year and I must thank her for all the hard bvork and dedtcation she showeJ over those years, and she will be sadly missed. It was my pleasure to promote Fox as the new show manager at short nots￿ being ably supportÉYJ by Bea Wilkey as the show assistant. My sin￿￿ thanks go to both for working tirelessly to put on this SUc￿5fUl and wonderful show at such short noti￿. The last few years Sin￿ the pandemic has b￿n a very difficult time for the show with the cost of running the show spiralling. The cost of tentage, togethw with having to pay a substantial amount to Somerset Council to hire Vivary Park, meant we had real con￿M5 about the viability of the show. I am pleased to report that due to Beccy and Bea's hard work and incredible management ski115, the show has managed to make a very small surplus which is the first time for several years.

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE TRusfEES ANNUAL REPORT fa¥pdnuad) YEAR ENDED 31 ocfoBER 2024 Chairnian's Review of Activities cortinued This year several charoes We￿ made to the show ground layout and parking arrangements for Traders and the public. At qurte short noti￿ the use of St G8)rges khool for traders parking was withdrawn so alternative arrangements had to be made at the last moment. To alleviate the problem, we decided that traders would use the Taunton ￿ane cricket pitch and surrounding area to park. This in turn rrEant we had less space for disabl￿ and memlErs parking. To help alI￿late the problem parking was spread l)etween Rthara Huish College and &'shop Fox's School. Thls proved to be very successful thanks to the help of the Taunton Rotsry Club who steppaJ in to manage the parking. Changes to the layout of the show also provay to te very SUc￿5ful. After taking note of comments made atout the layout of the food and craft rnarqU￿ last year, we split the Marqu￿ Into two. Meaning (hal half (he Marqu containeJ f(KK1 traders only and the other half craft traders. This worked wdl and the traders aprEar& happy wlth this arrangement. Wilton lands which for show purFoses we renam&l the Artisan Village was r8)rganlsed to make MO￿ spaces for rn0￿ traders, thus making it feel a more atmosphtric and %xiable area. I have had several comments from traders and the public atK)ut how successful the Artisan Village has tr￿CoMe. In no small part to Ron and June Smith who were constsntly mixing and helping tradss and the public who all appreciated their b'reless efforts to make the Artisan Village run smoothly. Hovlever other areas of the show were struggllrNJ whlch stlll se8ns to ts a hangover from the pandemic. It apFears many of the exhibitors have r&'red or gone 100 % online and were not interested in exhibiting. The Floral Marqu￿ which in years gone by could have many exhibits only had 16. A150, the Plant Village, an aw set aside specifically for nurseries to Sell plants, was very lacki'ng in traders. For next year's show a concerted effort will be made to rify this as the aim of the show is to promote the love of h0￿cultUre and to nurture this philosophy at the show. show would not be complete without the Magnifi￿nt Competition Marqu￿. As you enter the rnarqU￿ you are imm8Jiately met with the gorgeous strnt from the flowers which have ￿en tenderly grown over the past few months to t)e at thelr Ik5t for the show. l am in awe at the standard of the exhibits, from v8Jetsbles to magnificent displays of flowers to dress designs and photographs. My favourite is the children's section where you can see range of exhi￿'ts imaginatively and lovingly ueataj. I must congratulate Ian Coleby and his team for all their hard work organislng and oVer￿1Th) this worKlerful tk4rt of the show. So, I￿king forward to next year we will oENiously be looking to improve the show in areas such as the Floral rnarqU￿ and plant village. New ideas are already being put into pla￿ to enhan￿ the showground layout, atts are being bjoked for the arena and music stages and traders are tJ)oking their pitches at the show. Full details of the enterta1nrn￿t will LE kX)Sted on our webslte nearer the time of the show in August.

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE TRusfEES ANNUAL REPORT Icondnudd) YEAR ENDED 31 ocfoBER 2024 Chairnian's Review of Activities continued Bw and 863 are already hard at work preparing all aspects of the show for next year and I hope we can all give them the SUp￿rt we can to achieve an elP￿ better show. The ne¥t show will be on 1st and 21￿ August 2025, at Vivary Park. Results The results for the year and the charibls flnancial positlon at the end of the year are shown In the attachexl financial statements. The DlrectorslTrustees The Trust￿5 who setv&l the charity during the perl(yJ covered Iw this reFK)rt were as rollows: Stephen Froud -chair Nigel HarKJbury lan Coleby Jim Lewis Anne Kearle- Mce Chalr Richard Stirling John Hunt Mollie Puttock-jones New trust￿5 are appointed by the existing trust￿5. The Trust ck&l provides for a minimum of three trustees wtth no *t maximum. One third of directors will stand for re-apFointment each year, or if their number is not three or a multiple of thr￿, then the number nearest to one third, must retire from office each. Roserves policy The aim Is to hold Resenies at a Itwel suffldent to cover the costs of a show for one y&ar. Risk management The Trustees athveiy review the major risk which the Charity face5 on a r8Jular thsls and believe that maintaining reserves at current levels, combined with an annual review of the controls over financial systems, will orovide sUff￿[ent resource5 in the event of adverse condltlons. The Trustees have also examina1 other operational and business risks faced by ttrE Charity and confirm that th￿ have establish8J grfstems to mitrgate the significant risks.

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIErY COMPANY LIMITED BY GUARANTEE TRUSTEES ANNUAL REPORT (condnued) YEAR ENDED 31 ocfoBER 2024 TRusfEES' RESPONSIBILrrIES Company law rquires the t￿st￿ to prepare financial Statements Tor eacn rinanciai year, which give a true and fair view of the state of affairs of the charity at the end of the year and of the incomirYJ and outgoing ￿oUr￿5 for the year ttrEn end￿. In pretoriro those fInar￿la1 ststements, the trustees are requir￿ to selett suitable accounbng wlicies and then apply them conslstently, making Judgements and estimates that are reasonaDie ana pruaent. The LruSt￿ musl a150 prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity wlll continue its attivities. The trust￿ a￿ restx)nsible for k*ping proper accounting records which disdose with reasonable accuracrf at any time the financial position of the charity and to enatle them to ensure that the financial ststements comply with the Companies Att 2006. The trustees are also reS￿)nSIble for safeguarding the assets of the charity and hen￿ for taking reasonable skps for the prewention and detertion of fraud and othtr irwularib'es. Each of the persons whols a trust￿ at the date of approval of thls report conflrms that: so far as they are aware, there is no rdeiant audit infornkition of which the charitsble company's examlner Is unaware; and thw have taken all steps that therf ought to have taken as trustee to make themselv&s aware of any rdevant audit infonmation and to establlsh that the examlner is aware of that information. AccouKrANTS A resolution to re-appoint Chedzoy Butterworth as accountsnts for the ensuing year will be proF()s&J at the annual general rn￿ting In accordance wlth ￿lon 487 of the Companles Att 2006. SMALL COMPANY PROVISIONS This report has been prepared in accordan￿ wlth the provislons appllcable to companies entitlel to the small compani&s exemption. Rejistered offi￿. Rumwell Hall Rumwell Taunton Imerset TA4 IEL Signed by order of the trusttts by; MR J LEWIS Company kr&ary Approved by the trustee5 on

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINERS. REPORT TO THE MEMBERS OF TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY (a￿tinu•￿) YEAR ENDED 31 ocfoBER 2024 INDEPENDENT EXAMINERS. sfATEMENT We report to the trustees on our examination of the unaudlted financial ststements of the above Charity for the year ended 31 Ortober 2024, as set out on pages 8 to 18. RESPECrnIE RESPONSIBILrrIES OF THE TRUSTEES AND EXAMINER As the Charity's trustees, (who also act as Directors for the charitsble attivities of the company), you are responsible for preparing the Trustees Annual report and the financlal ststements in accordance with applicable law and United Kingdom Accounting Standards are set out in the Statement of Trustees, responsibilities on page 5 and in accordance with the requirements of the Charities Act 2011 C'the Act,?. The Charity's Trustees consider that an audit is not required for th15 year (under sertion IH(2) of the Charities Att 2011 (the Art) and that an independent examlnatlon Is applicable. Our responslblllty as examlners to the trustees is to: Examine the Accounts (under section 145) of the Act; Follow the procedures laid down in the appllcable Directions given by the Charity Commissioners (under sertion 145(5) (b) of the Act. stste whether partlcular matters have come to our attentlon. INDEPENDENT EXAMINERS, sfATEMENT Our examlnat]on was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanats'ons from the trustees concerning any such Matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, we do not express an audit opinion on whether the accounts present a 'true and falr view, and our report Is limited to those matters set out in the statement overleaf.

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINERS. REPORT TO THE MEMBERS OF TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY (continued) YEAR ENDED 31 OCTOBER 2024 INDEPENDENT EXAMINERS. sfATEMENT continued We have completed our examination. No matters have come to our attention in connettion with the examination which gives us cause to believe that in, any material respect: the accounting records were not kept in accordance with settion 130 of the Charities Act; or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Roports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view, which Is not a matter considered as part of an independent examination. We have no concerns and have come across no other matters in connettion with the examination to which attention should be drawn in this report, in order to enable a proper understsnding of the accounts to be reached. CHEDZOY BUTfERWORTh Accountsnts 2 Chartfield House Castle Street Taunton Somerset TAI 4AS rwor Dated. IÉ /1 /24

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE srATEMENT OF FINANCIAL AcrIvrrIES (INCORPORATING THE INCOME AND EXPENDrnJRE ACCOUNT) YEAR ENDED 31 ocfoBER 2024 Totsl fotal Funds Pund5 2023 2024 Not• INCOMING RESOURCES EDnations Investment income 290,145 589 254,252 86 TOTAL INCOMING RESOURCES 290,734 254,338 RESOURCES EXPENDED Costs of generating funds: Fundraising and publicity Management and administration TOTAL RESOURCES EXPENDED 226,952 60,092 230, 655 60,958 287,044 291, 613 NEf (OUTGOING)IINCOMING RESOURCES FOR THE YEAR 3,690 (37,275) Total funds brought forward 4,710 41,985 Total funds carried forward 8,400 4,710 All movements shown above are in Unrestricted Funds The Statement of Financ￿1 Attivities Includes all gains and losses In the year and therefore a ststement of totsl r£rognis&l gains and losses has not t￿en preparay. All of the activities of the charity as shown above derive from continuing activities. The note5 on pages 11 to 18 form part of these financial statements

TAUNTON DEANE HORTICULURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE srATEMENT OF FINANCIAL POSITION 31 ocfoBER 2024 2024 2023 Nots FIXED ASSErs Tangible assets Investments 990 990 990 990 CURRENT ASSETS st￿ ks Cebtors Cash at bank 1,500 1,500 45 26,745 35,988 37,488 28,290 CREDrroRS: Amunts falllng due within one year (30,078) (24,570) NEf CURRENT ASSErs 7,410 3,720 TOTAL ASSEfs LESS CURRENT UABILrrIES 8,400 4,710 FUNDS Unrestritted: Designated funds Other charitsble funds 11 5,137 3,263 4,604 J06 TOTAL FUNDS 8,400 4,710 These financial statements have tEen p￿par& in accordan￿ with the provisions applicable to companies subject to the small companie5, regime, The statement of ffnanclal p(]sltlon contlnues on the followlng page The notes on pages 11 to 18 forn) part of these financial statements

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE srATEMENT OF FINANCIAL POSITION (Lvntfftudd) 31 ocfoBER 2024 The trusts are satisfi6d that the charity is entitl￿1 to exemption from the provisions of the Companies Act 2006 (the Act) relating to small companies for the audit of the financial 5tstements for the year by virtue of section 477, and that no member or members have r8]uested an audit pursuant to S￿l0n 476 of the Att. The trustees acknowledge thar reS￿nsitI1￿es for: (l) ensuring that the charity keeps proper accounting r￿ordS whlch comply wlth ion 386 of the Act, and (li) preparing flnanclal statements which give a true and fair view of the state of affalrs of the charity as at the end of the financial year and of its profit or loss for the financial year in accordan￿ with the r4uirements of section 394 and 395, and which otherwise comply with the r￿uIreMents of the kt relating to financial statements, so far as applicable to the charity. These financial stateme for issue on ts were approv￿ by the memters of the Committ￿ and authoris 2025, and are signej on their behalf by: Mr J B Lewis DirKtor Company Rej No: 5095539 The notes on page5 11 to 18 form part ol these financial statements io

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 ocfoBER 2024 AccouKfiNG POLICIES Basis of preparntion These financial statements have Leen prepared in Complian￿ with *tion IA of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, mc(lif1￿ to include the revaluation of certain finanaal assets and liabilib'es and investment properti'es measur8J at fair value through income or exwiditure, and in accordan￿ with accounting and re￿)rtr'ng by Charities: Statement of R￿0MMended practi￿ applicable (Charities SORP (FRS 102)), and the Companies Att 2006 under the historical cost conventlon and in accordan￿ with the Ststement of R￿0MMend￿j Prattl￿ "A￿oun￿.ng and Rep)rting by Charities" (SURP 2W5), ano In accoraance wi the Financial Reporting Stsndard for smaller entities (eff￿LiVe Aprll 2008). The charity meets the definib'on of a public benefit entity under FRS 102. Assets and liabilities are initially recognis& at historical cost or transattion value unless otherwise ststeAJ in the relevant accounting kx)licrf note. Reconcillatlon of previous Generally Accepted Accounting Policies In prep￿rIng the flnancial ststements, the trustees have conslder8J whether applying the accounbng policies r￿uIr￿ by FRS 102 and the Charities SORP FRS 102 reSu￿e1 in the r4u1￿ment to restste the comparative items. No such restatement was required. Expenditure Liabilities a￿ recognis8J as expenditure a5 soon as the￿ Is a legal or constructive obligation committing the Charity to the expenditure, All exFenditure is accounted for on an accruals basis and has b￿n classified under headings that aggrejate all costs lated to the category. Allocation of support costs Support costs are those functions that assist the work of the charity but do not dI￿tlY undertake charitable attivits'es. These costs indude governance costs and have been allcKated to the cost of raising funds. Tangible fixed assets Cepreciation is Calculat￿ so as to write off the cost or valuation of an asset, less its residual value, over the useful ￿onoMIC life of that asset as follows: Equipment 3 years li

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 OCTOBER 2024 I. ACCOUMllNG POLICIES (continued Stocks Stocks are Valu￿ at the lower of cost and estimataj net realisable value, after making due allowan￿ for current condition, obsolete and Slow moving items, Debtois Trade and other debtors are recognised at the settlement amount and prepayments are valued at the amount prepaid, Cash at bank and in hand Cash at bank and in hand comprise cash and short twm hlghly liquid investments. Creditors Creditors and provislons are r￿nISed where the charity has a present obligation resulting from a past event that will probatly result in the transfer of funds to a third party and the amount due to settle the obligation can te measural or estsmataj r&idity. Credrtors and pyovislons a￿ ￿OgnIs￿l at ttrEir settlement amount. Going concern The trustees ass￿5 wh&her the u of going concern is appropriate. The trust￿ make this assessment in res￿ of a period of at least one year from the date of authorisab'on of the accounts. The trustee5 have condudej that the charity has ad￿uate resources to continue in operational exiSt￿ce for the foreseeable future and there are no materlal uncertainties about the charity's ability to continue as a golng concern. Tax ststus Under section 505 1cfA 1988 the Charity Is exempt from certaln taxes. Full account Is tsken of tax c￿lts attaching to gifts and qualifying donations. Fund aCC¢￿nting Unrestntt8J funos are available for use at the dlscrellon of the tru5tee5 in furthuan of the general obj￿tiveS of the charity. Csignated funds are unrestricted funds earmark8J by the Management committ￿ for particular purposes. Restricted funds are Subject￿ to restrittions on their extenditure im￿)Sed by the donor or through the terms of an appeal, none of which are currently held. 12

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 ocfoBER 2024 2. DONATIONS AND LEGACIES Un.re•trlcted Restrictod Funds Funds 2024 2024 Total Fund• 2024 Total Funds 2023 Admission Charges Charges for Outside Stands Charges for Craft Marquee Stsnds Charges for Floral and Food Hall Club Conations ComkEtitors' Entry Fees Catering Concessions Sale of Show Schedules Profit on Prize Draw tX)nations and StyJnsorship Car parking Other Income 166,315 43,680 10,437 6,270 19,942 877 18,400 2,582 2,081 14,553 3,938 1,070 166,315 43,680 10,437 6,270 19,942 877 133,953 45,172 6,304 4,322 17,993 323 15,950 5, 421 3,670 20,200 449 495 2,582 2,081 14,553 3,938 1,070 290,145 290,145 254,252 XZZZ2ZIEX 3. INVEsfMENT INCOME Value val￿ Unrvtrfrt•d fncome Re$trlct•d Total Totsl Income ZrKome Income 2024 2024 2023 2024 2023 2024 UK quotaj shares Bank interest 990 990 533 56 533 56 45 41 589 589 86 Dumng the year all Investment Inccthe wa5 unrestncted 13

TAUNTON DEANE HORTICULTURAL -AND FLORICULTURAL- SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 o￿OBER 2024 4. FUNDRAISING AND PUBucrrY Unrn•trlct•d Fund8 2024 R••trlrted Funds 2024 Total Funds 2024 rotai Funds 2023 Actlvlues Undertaken dliirtly.. Advertisng and publicity costs Bands and other entertainment Hire of tents and trbles TDBC Pemiit and other costs Prlzes Judges eXp￿SeS Catering Ground expenses Subscriptions Commission on ticket sales Insurance and engraving Cvnations Car parking Electrical charges Securlty and latx)ur 14,749 13,795 71,636 13,218 11,191 1,388 5,570 59,117 713 8,099 610 750 4,700 8,995 12,421 14,749 13,795 71,636 13,218 11,191 18,754 14,810 70,447 16,143 19,333 1.632 4,231 49,554 697 5,570 59,117 713 8,099 610 750 4,700 8,995 12,421 226,952 6C 5,2L 10,252 10.692 230,655 226,952 During 2024, all eX￿ndItUre on raising funds was unr£strlct&l. 14

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 ocfoBER 2024 5. MANAGEMENT AND ADMINisfRATION Unrnstrirt•d Funds 2024 Restrlrted Funds 2024 Total Funds 2024 Total funds 2023 Office costs Accountanq f L8Jal f Bank charges and interest Premises costs Admin wages Pension costs Depr￿latIOn Revaluation of shares 10,257 1,650 10,257 1.650 7,751 1,530 1,050 150 3,582 46,164 731 4,033 43,030 1,117 4,033 43,030 1,117 60,092 60,092 60,958 TANGZBLE FIXED ASSErs Equlpment cosr At l November 2023 Addrtions 3,397 At 31 October 2024 3,397 DEPRECIATION At l November 2023 Charge for the year 3,397 At 31 October 2024 3,397 NEf BOOK VALUE At 31 October 2024 At 31 Cktober 2023 Tangible assets are initially r￿rdaj at cost, and subs4uently stateJ at cost less any accumulat&l depreciation and impairment lo&ses. Any tangible assets carriaj at revalued amounts are recorded at the fair value at the date of revalLk3bon less any subwuent accumulat￿1 depreciation and subwuent accumulated impairment losses. 15

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 ocfoBER 2024 7. INVEsfMENT5 Movement in market value 2024 2023 Market value at l November 2023 Relaluation 990 990 Market value at 31 Ortober 2024 990 990 Historical cost at 31 Ottober 2024 8,279 8,279 Analysis of Investments at 31 Ortobex 2024 between funds Total Funds 2024 Total Funds 2023 Llsted Investments UK quoted shares - Lloyds TSB 990 990 990 Llsted investments Listal investments are measur&1 at fair value with changes in fair valLE being recc#JniwJ In income or expenditu￿. Listed investments held by the charity have a net took value of £990 (2023 - £990) and had a market value of £990 at the end of the year (2023 £990). The Charity wks a valuation of the listed investsnents at least every three years to check for any material change in the investments value. The last valuation was obtained in October 2024, 16

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL sfATEMENTS YEAR ENDED 31 ocfoBER 2024 8. DEBTORS Unrestricted Funds 2024 Restricted Funds 2024 Total runds 2024 Total Fund5 2023 Trbje debtors Other debtors 45 45 9. CREDrroRS: Amounts falling due within one year Unrestricted Funds 2024 Restrlcted Fund$ 2024 Total Funds 2024 Total Funds 2023 Taxation and yxial ￿Urty Other cr&litors Accruals 336 28,842 900 336 28,842 900 284 23,386 900 30,078 30,078 24,570 10. srAFFING The average number of full-time ￿￿1valent employees during the year was 3 (2023.4). 17

TAUNTON DEANE HORTICULTURAL AND FLORICULTURAL SOCIETY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 ¢xfoBER 2024 11. DESIGNATED FUNDS CEsignataJ Fund at 31 Octotsr 2024 5,J37 The Charlty r￿e1v￿ a donation In the fonn of 1,743 Ordinary Shares of 25p each In the Lloyds TSB Group At the date of tranrfer the middle market value was 475p and the •• gift was valu￿1 at £8,279. The Eoard has decid& that this donation and the incorr attributable to it should be designated to a progressive improvement in the value of Awards made in the Floral MarQU￿ at Taunton Flower Show. Durlng the year, dividends of £533 (2023 - £45) have been r￿e1Ved on the investment and add￿ to the designated fund so that at 31 Ottoter 2024 the fund totsls £5,137 (2023 - £4,604). 12. COMPANY UMrrED BY GUARANTEE The Company is Ilmited by guarantee and therefore has nolssuaa share capltal. 13. TRANSACTIONS wrrH TRusfEES AND RELATED PARTY TrANSACTIONS No remuneration or other IEnefits from employment with the charity or reJat8J entty were r￿e1V￿J by the Trustees in dther the current or proceediro peri¢xl for services provid&l to the Charity. There were no rdatej party transactions during the yaar. 14. GENERAL INFORMATION The company is inCor￿rated in England. Its r83lster&Y Offi￿ is Rurnwell Hall, Rumwell, Taunton, Somerset, TA4 IEL. The Financial Ststements a￿ presented in Sterling, which is the funttioning Cur￿nc¥ of the company. 18