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





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|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<br>Morgan|||
|||Mrs Julia Phillips|||
|||Mr Gareth|Price||
|||Mrs Elizabeth<br>Roderick|||
|||Mr Richard|Roderick||
|||Mr William|Stephens||
|||Mr Clive Thomas|||
|Charity number||1107710|||
|Company<br>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|||





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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2023<br>f|2023<br>f|2023<br>E|2022<br>f|2022<br>f|2022f|
|~lgoggg arm:|||||||||
|Voluntary<br>Income|||7,309||7,309|6,067||6,067|
|Charitable<br>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<br>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|





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||||||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|





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



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|3|Voluntary|Income|Income|Income|||
|---|---|---|---|---|---|---|
||||||Unrestricted<br>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<br>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|





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|||||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<br>by|fund|||||
|Unrestricted|funds|||103,770|101,249|
|Restricted funds||||250|250|
|||||104,020|101,499|



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|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<br>activities|18,676|7,310|25,986|23,815|
|||27,601|7,310|34,911|30,601|



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|12|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|
||||Freehold|land|Property|Plant and|Total|
||||and duildings||Improvements<br>f|equipment<br>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<br>and impairment|||||||
||At 1 October 2022|||9,996|32,936|48,027|90,959|
||Depreciation<br>charged|in the year||563|3,211|696|4,470|
||At 30September 2023||10,559||36,147|48,723|95,429|
||Carrying<br>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<br>amount|||||||
||At 30September 2023||||||145,244|
||At 30 September 2022||||||145,244|



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|14|Debtors||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Amounts<br>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|



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|||||||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<br>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<br>assets/(liabilities)|||55,340||||55,340|54,119|||54,119|
|||||266,274||2,082|268,356||266,976|2,332||269,308|





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