2023-09-30-accounts

		Page
Trustees report		1-4
Statement oftrustees	responsibilities
Trustees declaration
Independent examiner's report
Statement offinancial	activities
Balance sheet
Notes to the financial	statements	10 - 18

Trustees		Mr David Davies	Mr David Davies
		Mr Howell	Davies
		Mr K. Brian	Davies
		Mr Robert	Davies
		Mr Charles	De Winton
		Mr Francis	Gittoes
		Mr Andrew	Matthews
		Mrs Penelope Morgan
		Mrs Julia Phillips
		Mr Gareth	Price
		Mrs Elizabeth Roderick
		Mr Richard	Roderick
		Mr William	Stephens
		Mr Clive Thomas
Charity number		1107710
Company number		05177105
Principal address		C/0 Hay BtBrecon Farmers
		Ffrwdgrech	Industrial	Estate
		Brecon
		Powys
		LD3 BLA
Registered	office	St Davids	House
		48 Free Street
		Brecon
		Powys
		UK
		LD3 7BN
Independent	examiner	Mitchell Associates		Ltd
		St Davids	House
		48 Free Street
		Brecon
		Powys
		UK
		LD3 7BN
Bankers		Lloyds Bank Pic

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2023 f	2023 f	2023 E	2022 f	2022 f	2022f
~lgoggg arm:
Voluntary Income			7,309		7,309	6,067		6,067
Charitable activities			66,485		66,485	96,116		96,116
Other trading
activities			40,211		40,211	29,107		29,107
Investments			2,596		2,596	383		383
Total income			116,601		116,601	131,673		131,673
Other Expenditure		7	13,533		13,533	11,570		11,570
Charitable activities		8	103,770	250	104,020	101,249	250	101,499
Total expenditure			117,303	250	117,553	112,819	250	113,069
Net (expenditure)/income
for the year/
Net movement	in funds		(702)	(250)	(952)	18,854	(250)	18,604
Fund balances at 1 October
2022			266,976	2,332	269,308	248,122	2,582	250,704
Fund balances at 30
September 2023			266,274	2,082	268,356	266,976	2,332	269,308

					2023		2022
				Notes	f		f
Fixed assets
Tangible assets				12		67,772		69,945
Investments				13		145,244		145,244
						213,016		215,189
Current assets
Debtors				14	3,261		2,100
Cash at bank	and	in	hand		54,927		55,255
					58,188		57,355
Creditors: amounts			falling due within
one year				15	(2,848)		(3,236)
Net current	assets					55,340		54,119
Total assets	less	current liabilities				268,356		269,308
income funds
Restricted funds		—general		16		2,082		2,332
Unrestricted	funds					266,274		266,976
						268,356		269,308

Freehold	land and buildings	5%on cost of	property
Property	Improvements	5%on cost
Plant and	equipment	Z5% reducing	balance
Freehold	land is not depreciated.

3	Voluntary	Income	Income	Income
					Unrestricted Unrestricted
					funds	funds
					2023	2022
					f	f
	Subscrlptions		and donations		7,309	6,067
4	Charitable	activities
					Unrestricted	Unrestricted
					Funds	Funds
					2023	2022
					f	f
	Annual County			Show	66,485	96,116
5	Income from			other trading activities
					Unrestricted	Unrestricted
					funds	funds
					2023	2022
					f	f
	Rental Income				31,929	14,792
	Fundraising		events		8,282	14,315
	Other trading			activities	40,211	29,107
6	Investments
					Unrestricted	Unrestricted
					funds	funds
					2023	2022
					f	f
	National	Savings Bond Interest			2,596	383

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
				f	f
Fundraising	events	direct costs		4,608	4,784
Support costs				8,925	6,786
				13,533	11,570
Expenditure	on charitable activities
				Charitable	Charitable
				Expenditure	Expenditure
				2023	2022
					E
Direct costs				78,034	77,684
Share ofsupport		and governance	costs (see note 9)
Support				18,676	16,407
Governance				7,310	7,408
				104,020	101,499
Analysis by	fund
Unrestricted	funds			103,770	101,249
Restricted funds				250	250
				104,020	101,499

9	Support costs	Support	Governance	2023	2022
		costs	costs
		f	f
	Administration	7,575	2,525	10,100	11,242
	Premises	8,663		8,663	4,048
	Office Expenses	6,893	2,298	9,19'l	7,959
	Bank Charges		200	200	290
	Depreciation	4,470		4,470	4,745
	Audit fees		2,287	2,287	2,317
		27,601	7,310	34,911	30,601
	Ana lysed between
	Other Expenditure	8,925		8,925	6,786
	Charitable activities	18,676	7,310	25,986	23,815
		27,601	7,310	34,911	30,601

12	Tangible fixed assets
			Freehold	land	Property	Plant and	Total
			and duildings		Improvements f	equipment f
	Cost
	At 1 October 2022		45,267		64,219	51,418	160,904
	Additions					2,297	2,297
	At 30September 2023		45,267		64,219	53,715	163,201
	Depreciation and impairment
	At 1 October 2022			9,996	32,936	48,027	90,959
	Depreciation charged	in the year		563	3,211	696	4,470
	At 30September 2023		10,559		36,147	48,723	95,429
	Carrying amount
	At 30September 2023		34,708		28,072	4,992	67,772
	At 30September 2022		35,271		31,283	3,391	69,945
13	Fixed asset investments
							Unlisted
							investments
							f
	Cost or valuation
	At 1 October 2022 8.30September 2023						145,244
	Carrying amount
	At 30September 2023						145,244
	At 30 September 2022						145,244

14	Debtors
					2023	2022
	Amounts falling due			within one year:	f	f
	Trade debtors				1,944	560
	Prepayments	and accrued income			1,317	1,540
					3,261	2,100
15	Creditors: amounts		falling due within one year
					2023	2022
					f	f
	Other taxation and social security				(902)
	Accruals and	deferred		income	3,750	3,236
					2,848	3,236

						Balance at	Resources	Resources	Balance at	Resources	Balance at	Balance at
						1 October	expended		1 October	expended	30September
						2021			2022			2023
									f	f
	Brecon Town Council Grant					2,582		(250)	2,332	(250)		2,082
	The specific	purposes for which the funds are to be applied					are as follows:
	Brecon Town Council Grant			represent	funds	received towards		the cost of improving		the infrastructure		at the
	show field, in particular		improvements		to access and road		structures.
17	Analysis ofnet assets		between funds
				Unrestricted		Restricted		Total Unrestricted		Restricted		Total
				funds		funds			funds	funds
				2023		2023			2022	2022		2022
					f	f			f	f		f
	Fund balances at 30
	September	2023 are
	represented	by:
	Tangible assets			65,690		2,082		67,772	67,613	2,332		69,945
	Investments			145,244			145,244		145,244			145,244
	Current assets/(liabilities)			55,340				55,340	54,119			54,119
				266,274		2,082	268,356		266,976	2,332		269,308