REGISTERED COMPANY NUMBEIL. 01892440 (England alld Wal¢s)
REGISTERED CHARITY NUMBER: 1115115
Report of the Trustees and
Unaudited FillatteiAI Statemellts for the Year Ended 31 De¢ewber 2024
for
Salers Cattle Society of the UK Llmked
(A Compatty Limited by Guarantee)
Gall Robertson CA
Tweedside Park
Tweedbank
Galashiels
Selkirkshire
TDI 3TE

Salers Cattle Soclety of the UK Limited
Contsnts of Ihe Fillancial Ststements
for th¢ Year Ended 31 December 2024
Page
. Report of the Trustees
' Indep¢ndent Examiner's Report
Statement of Finanelal Activities
Balance Sheet
Notes to th¢ Fin#nelal StAtements
9 to 16
Delailed Statement of Flnancial Activities
17 to 18

Salers Cattle So¢i¢ty of the UK Llmited
Report of the Trustees
for the Year Ended 31 December 2024
FINANCIAL REVIEW
The Council of the Society prepares an annual financial budget for the coming year each January, and th¢ perforniance
against this is reviewed at Council meetings (held approximately quarterly). The final fuk￿cIaL results are circulated to
all members preseni by post. The Treasur&s report is p￿sented at the Annual General Meeting for discussion by
membern present
The Council has ffviewed the potential risks for which the Society may be liable. The principal Cover against these is
provided by an insurance policy with Zurich Insuran¢¢ Company Limited Poli￿ Number: FRJ10001980125, the lernis of
which are reviewed annually by the Council.
To provide for the continuity of activity in the event of reduced income from membet3 the Council has established a
policy of mainlaining a reserve of £25,0(X) and the annual budget specifically sets Out to preserve this.
The Society had a deficit for the year of £8,761 (2023 Deficit- £15,994)
The Society had reserves at the year-end of £76,300 (2023 - £83,771)
FUTURE PLANS
Building on the momenttmi of the past year, Ihe Sal¢rs Cattle Society is committed to further advancing the breed and
supporting the wider a￿lCultural community through tsrgeted development in the following are&8.'
andin
Bree
tion and Pu
ement
We will continue to strengthen the Society's presence at key agricultural shows and events across the UK, ensurffing the
Salers breed is well-represented and accessible to both fanning and non-farniing audiences. Emphasis will be placed on
engaging the next generation of fanners, consume￿, and rural advocates by offering interac¢iv¢, educational conEnt
about the sale￿ breed and its role in sustainable beef produrtion.
2. Enhanci
er
ort
rov
A core focus will be the expansion of breed ￿UCatIon initiatives, including workshops, breed evaluation4 herd health
plannin& and support for ihose participating in CHeCS-accredited herd health schemes.
in
municatio
To improve accessibility and outreach, we plan to refresh our digffttal platfornis, and social media presence. This will
support both existing membeEs and potential new entrants by providing up-to-date breed resources, market insights, and
event inforniation, while also enhancing the public profile of Sal¢rs cattle.
ortin
d Success
fftculture
We will explore opportunities to pather with agrlcultural ¢ollege4 young fann¢T groups, and wrdl youth initiatives to
encourage involvement with the Salers breed. Providing bursaries, wotk experience placements, or educational materials
will be conSide￿d as part of our long-terni support for industy succession.
tren
ocie
d Breed Benc
The Society will continue to develop its pedigree sales a8 key comme￿Ial and social events, aiming to increase entry
numbers, promote breed standard& and provide benchmatking opportunities for breeders. These sales play a vital role in
the economi¢ sustainability and Gommunity cohesion of the trK Salers network.
Through ihese futttre activities, the Society will remain focused on secuiyng the long-tenn success of the breel while
contributing tr) the vitality and visibility of British agrfftculture more broodly.
Page 2

Salers Cattle Society of Ihe UK Limited
Report of the Trustees
for the Year Ended 31 December 2024
STRUCTURE, GOVERNANCE ATrID MATrIAGEMENT
The charity is a charitable company limkted by guarantee, and was set up on the 19th June 1985 and was granted
charitable slalus on 5th July 2006. It is governed by a meM0Th￿duM and articles of association.
The Saiers Cattle Society is governed by a voluntary Council comprising repres¢ntstives, elected by th¢ members within
th¢ regions and also members ¢o-opted by the Council. The Council members filling the four executive positions of
President, Chair, Vice Chair and Treasurer are de-facto In￿teeS and di￿torS of the Society. with additional
trusteeldirectors appoinied by the council.
The members of the Members of the Council, who are also the directors for the puryoses of company law, and who
served durtsng the year were:
MrMDFPye
MrA J Howatson
Mr T W Walling
MrA A Sleigh
Mr G A Jones
None of the members of the Members of the Council has any beneficial interest in the company. All of the members of
the Members of the Council are member5 of the company and guarantee to contribule £1 in the event of winding up.
The Members of the Charity are recruited based on the qualities they display and iheir ￿]evartt experience.
The Council meets quarterly including the AGM. Being aware of their responsibilities they are in Tegular consultation
with the secretary, Miss Emily Simpson, to review financial matters and to oversee the generdl administration of the
harity. A direct line of ¢ommunication is kept open to the administration office to ensure the eificient running of the
¢harity.
The Member5 of the Council have assessed the major risks to which the society is exposed, and are satisfied that systems
are in place to mitigate exposure to the major risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
01892440 (England and Wales)
Reglstered Charity number
1115115
Regtstered office
Lane Farni
Crooklands
Milnthorpe
LA7 TNH
Trustees
Mr8 K M Lives¢y Tr¢&surer (appointed 7.5.25)
A Howatson Treasurer (resigned 7.5.25)
T W Walling Vi¢¢ Chairnian
TJDPye
A A Sleigh President
G A Jones Chairman (resigned l.11.24)
M D F Pye Chairman
Page 3

Salers Cattl* So¢i¢ty of th¢ UKLimlted
Rtpért of the Ttuste
foy the Ye8r Ended 31 Dt¢e•b*r 2024
. .KEFXXENCE ANP ADhllEqISTRATIVX DETAtLS
'.thd¢peudegtEMmiuér
. Sh¢ila lknbtt#s¢)n
Gall Rob¢rtSon CA
. Approved by order of the bo&d
s 26 Au8ull 202
. SIg￿d on its beboIfby'.
M D F PYe- TFUStee

Indepelldellt Examiner's Report lo the Trustees of
Sglers Cattle Society of the UK Limited
Independent examiner's report to the trustees of Salers Cattle Society of the UK Llmlted ('the Compally,)
I report to the charity tnjstees on my examination of ihe accounts of the Company for the year ended 31 December 2024.
Responslbilities and basis of report
As the charity's ttvstees of the Company (and also its directors for the purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself thai the accounts of the Company are not required to be audited under Part 16 of the 2006 Act
and are eligible for independent examination, I r¢port in respect of my examination of your charity's accounts as carried
out under Section 145 of th¢ Charities Act 2011 Cthe 2011 Act,). In ¢arrying out my examination I hav¢ followed the
Direclions given by ihe Charity Commission under Section 145(5) (b) ofthe 2011 Act.
Independent eramlner's stalement
I have completed my examination. I confirn that no matter5 have come to my attention in connethion with the
examination gkving me Cause to believe:
accountlng records w¢re not kept in respect of the Company as required by Section 386 of the 2006 ACL or
the accounls do not accord with thos¢ records; or
the accounts do not comply with the accounting requirements of Seclion 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter Considered as part of an independent
examination. or
Éhe accounts have not been prepared in accordance with the methods and principle5 of the Statement of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing iheir accounts
in accordance with the Financial Reporting Standard appltcable in the UK and Republi¢ of Ireland (FRS 102)).
I have no Concerns and have ￿me across no other matters in connertion with the examinat&on to which attention sbould
be drnwn in this report in ord¢T to enable a proper understanding ofthe ac¢ounts to be T￿hed,
Shella Robertson.
Gall RobertsoTh CA
Tweedside Park
Tweedbank
Galashiels
Selkirkshire
TDI 3TE
26 August 2025
Page 5

Salers Cattle Society of the UK Limited
Statement of Financial Aetivfities
for the Year Ended 31 Deeember 2024
31.12.24
Unrestricted
fijnd
31.12.23
Total
funds
Notes
IIYCOME AND ENDOWMENTS FROM
Donations and legacies
14,594
15,986
Charitable aetivilles
Breed promotion
60,564
63,101
Other trading activities
Inv¢sthient income
6,425
1,289
7,050
1237
Total
81872
87,374
EXPEf4DITURE ON
Raising funds
6,415
10.919
Charitable actlvltles
Fundraising trading costs
Office and Support ￿sts
B￿¢d promotion
911
9.006
75,300
48,077
Totsl
91,632
103,368
Net gains on investments
1,289
1,681
NET INCOMEI(EXPENDITURK)
(7,471)
(14,313)
RECONCILIATION OF FUNDS
Total funds brougFLt forward
83,771
98,084
TOTAL FUNDS CARRIED FORWARD
76,300
83,771
Th¢ notes forni part of these financial statements
Page 6

S#lers CAttle Society of the UK Limited
Balance Sheet
31 December 2024
31.12.24
Unrestricted
fund
31.12.23
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investmenls
322
34,562
786
32,650
io
34,884
33,436
CURRENT ASSETS
Stocks
Debto
Prepayments and accrned income
Cash at baT]k and in hand
li
12
405
22,083
516
27,241
16,290
491
38,485
50,245
55,266
CREDITORS
Amounts falling due within one year
13
(7,544)
(3,043)
NET CURRENT ASSETS
42,701
52,223
TOTAL ASSETS LESS CURREIYT
LL4BILITIES
77,585
85,659
ACCRUALS Af4D DEFERRED INCOME
15
(1,285)
(1,888)
NET ASSETS
76,300
83,771
FUNDS
Unrestricted funds
16
76,300
83,771
TOTAL FUNDS
76,300
83,771
The clwitable ¢ompaThy is entitled to exemption from audit under Section 477 of the Companies A¢t 2006 for the year
ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statem¢nts for the year ended
31 December 2024 in accordance with Section 476 of the Companies Act 2006,
The trnstees a¢knowledge thetr responsibilities for
(a)
ensuTing that the charitabl¢ company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
prepaTing financial statements which give a true and fair view of the state of affaiTS of the charitable company &%
at the end of each finan¢ial year and of its SUry)lus or deficii for each financial year in accordance with the
requirements of Se¢tions 394 and 395 and which otherwise ¢omply with the requ1￿ments of the Componies Act
2006 relating to financial statements, so far &8 applicable to th¢ charitable company.
The noles forni part of these finan¢iai st&temenls
Page 7
continued...

Sal¢rs Cattte S¢¢kty o£th¢ UKLAwltsd
', &14nee 8h¢#t- cotsthued
31 DétEmb¢r 21)24
. The80 fiD#n￿ •faf2￿ellts b4v¢ b¢¢tt pr•d ¥qorthpce with prov1plo￿ aF91io4ble to cbritsbl¢ eg¢PDi¢3 ..
. 8Bbiertts the $[tsall￿onIeS re8im&
. The èt4t¢w¢tt*4 were aPPToYod by the Bo8rd of Tr]st¢￿ ffj4 sthrl8¢d fy. .issy OD 26 2Q25 and wet¢ .: ' . ""':
MDFpye-TT￿.
Tr&e notes toim F8rtolthe5e fiaanciat state£Den15

Salers Cattle Soclety of the UK Limlted
Iyotes to the Finaneial Statements
for the Year Ended 31 December 2024
ACCOUNTING POLICIES
Basis of preparlng the fmanelal statsments
The fman¢ial statements of the chalitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'A¢counting and Reporting by Ch￿itIes. Statement
of Recommended PYa¢tice appIl￿ble to charities preparing their accounts in accordan¢¢ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in ihe UK and R¢public of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cosl
convent10￿ with the exception of investments which are included at Ma￿et value, as modified by ihe revaluation
of certain assets.
The accounts are prepared on a going concern basis. There are no material uncertainties about the charity's
ability to contiDU&
Income
All income is Tecognised in the Statement of Financial Activitie8 once th¢ charity has entitlement to the funds, it
is probable that th¢ income will be received and the amount be measured reliably.
Exp¢ndlture
Liabilities are r¢cognised as ¢xpendiNre as soon as there is a legal or constrnctiv¢ obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in Settlement and
the amount of the obligation can be me&sured reliably. Expenditure is accounted for on an accnJal$ b&8is and has
be¢n classified under headings that aggregate all Cost related to the &*egory. Where costs ¢amiot be directly
attributed to particular headings they have been allocated to ￿tivitIeS on a basis consisÉent with the use of
resou￿¢$.
TAngible fixed assets
Depr￿lation is provided at the following annu41 rates in order to write off each asset over its estimated useful
life.
Plant and machinery
Computer equipment
2(VA on cost
Tangible ass¢ts are initially recorded at cosL and are subsequently stated at cost less any accumulated
depreciation and impairni¢nt losses. Any tangible assets Ca￿lea at revalued amounts are recorded at the fair
value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated
impainnent losse& If ther¢ is an indication that there has been a Significant change in depreciation rdte, usefjjl
life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
An increase in tbe catrying amount of an asset as a result of a revaluation, is recognised in other comprehensive
income and accumulated in capital and resetve4 except to the extent it reverses a revaluation decrease of the
same asset previously recognised in profit or Ios8. A in ihe carying amount of an asset &s result of
revaluation is recognised in oiher comprehensive income to the extent of any previously recognised revaluation
increase accumulated in capitsl and reserves in respecÉ of that assel. Where a revaluation decrease exceeds the
accumulated revaluation gains accumulated in capital and reserves in respect of that as8e¢ the excess shall be
recognised in profit or loss.
Impaiment
A review for Andi¢aÉors of impairnient is Ca￿led out at ea¢h reporting date, with the recoverable amount being
estimatrd where such inditrdlors exist. Where the carrying value exceeds tbe recoverable amounL the &88et is
impaired accordingly. Prior impairnients are also reviewed for possibl¢ reversal at each reporting date.
When it is not possible to estimate ihe recoverable amount of an individuaI asset. an estimate is made of the
r¢¢overable amount of ihe cash-generating unit to which the ass¢t belongs. The cash-gen¢rating unit is the
smallest identifiable group of &ssets that includes the asset and generates ¢&8h inflows that are largely
independent of the cash inflows from other assets or groups of assets.
Page 9
continued...

Salers Cattle Society of tbe UK Llmlted
Notes to the Financial Ststements- Colltlnued
for the Year Ended 31 Deeember 2024
ACCOUNTING POLICIES . eontinued
Stodis
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving item&
Taxation
The Gharity is exempt from corporation on its charitable activities.
Fund aeeounting
Unrestricted funds can be used in accordance with the ¢haritable objectives at the discretion of the tnJs¢ees.
Restricted ￿ndS can only b¢ used for particular restricted puryoses within the objects of the charity. Restrictions
aris¢ when sp¢¢ified by ihe donor or when thnds are raised for particular restri¢ted purposes.
If applicable, fi￿her explanation of the nature and pury)ose of each fund is included in the notes to the fmanciai
ststements.
Pen$ioll costs other post-retirement benefits
The charilable company operates a defffted contribution pension scheme. Contributions payabl¢ to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Provtsions
Provisions are reCO￿lsed when the entity has an obligation at the reporting dat¢ &s a result of a past evenL it is
probabl¢ that the entity will be required to transfer economic benefits in settlement and the amount of the
obligation can be estimated Teliably. Provisions are recognised as a liability in the statement of fmancial position
and the amount of the provision &8 an expens&
Provisions are initially measured at th¢ best estimate of the amount required to settle ihe obligation at the
reporting date and subsequently reviewed at each reporting date and adjust¢d to reflect the current best estimate
of the amount that would be required to settle the obligation. Any adjustments to the amounts previously
Tecognised are reCO￿lsed in profit or loss unless the provision originalty recognised as part of the cost of an
&ssel. When a provision is measU￿d at the present value of the amount expeGt¢d to be required to settle the
obligation. the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
OTHER TRADING ACTtVlTIES
31.12.24
31.12.23
DNA test kits
Me￿handise sales
6,425
7,025
25
6,425
7.050
INVESTMENT INCOME
31.12.24
31.12.23
Investment income
Interest receivable- trading
777
512
660
577
1289
1,237
Page 10
continued...

Salers Cattle Society of the UK Limited
Notes to the Financial StJtements- continued
for the Year Ended 31 December 2024
RAISING FUNDS
Raisillg donations and legaeies
31.12.24
31.12.23
Support C051S
Investmellt management eosts
31.12.24
31.1223
Portfolio management
155
136
Aggregat¢ Smounts
6,415
10,919
NET INCOME1￿xPEND1TuRE)
Net incomel(expendithre) is sthted after chargingl(crediting):
31.12.24
31.12.23
Depreciation - owned assets
464
778
TRUSTEESI REMUTr4ERATION AND BENEFITS
There were no tn￿l¢es, remuneration or other benefits for the year ended 31 December 2024 nor for the year
ended 31 December 2023.
Trustses expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 December 2023.
STAFF COSTS
The average monthly number of employees during the year was as follows:
31.12.24
31.12.23
No employee5 received emoluments in ex¢ess of £60,000.
Page 11
continued...

Salers Cattle Society of the UK Limhed
Notes to the Flnancial St#tements- eontlllued
for the Year Ended 31 December 2024
INDEPENDENT EXAMINATION
The Charity's fee paid to Gall Robertson CA for the Independent Examination of the accounts w&5 £1,242 (2023
- £1.190). Company secretarial and payroll services were also provided.
TANGIBLE FIXED ASSETS
Plant and
machinery
Computer
equipment
Totals
COST
At l January 2024 and 31 D￿eMber 2024
2,735
633
3,368
DEPRECIATION
At l January 2024
Charge for year
1149
338
433
126
2,582
464
At 31 D￿ernber 2024
2,487
559
3,046
PIET BOOK VALUE
At 31 Decemb¢r 2024
248
74
322
At 31 December 2023
586
200
786
io.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At l January 2024
Additions
Revaluations
32,650
623
1,289
At 31 December 2024
34,562
NET BOOK VALUE
At 31 December 2024
34,562
At 31 De¢ember 2023
32,650
There were no investment &ssets outside the UK.
Page 12
continued..

Salers Cattle Society of the UK Limited
Notes to the Finalleial Stat¢ments- eontinued
for the Year Ended 31 Deeember 2024
io.
FIXED ASSET INVESTMENTS- continued
Cost or valuation at 31 December 2024 is represented by:
Listed
investments
Valuation in 2017
Valuation in 2018
Valuatkon in 2019
Valuation in 2020
Valuation in 2021
Valuation in 2022
Valuation in 2023
Valuation in 2024
Cost
516
(1.635)
3,042
(615)
2,516
{3,280)
2,213
1,912
29,893
34,562
All inv¢sttnents are initially recorded at cost and revalued to Ma￿et value with gains and losses recognised in the
statement of financial activities.
ii.
STOCKS
31.12.24
31.12.23
Stocks
405
12.
DEBTORS: AMOUNTS FALLING DUE WITIIIN ONE YEAR
31.12.24
31.12.23
Trade debtors
19,647
16,290
13.
CREDITORS: AMOUTrITS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Bank loans and overdrafts (see note 14)
Payments on account
Trade creditors
Social security and other t&Yes
VAT
53
866
162
334
6,129
1,102
301
1,640
7,544
3,043
Page 13
continued...

Salers Cgttle SocAety of the UK Limited
Notes to the Fin#neSal Statements- continued
for the Year Ended 31 Deeember 2024
14.
LOANS
An analysis of th¢ maturity of loans is given below..
31.12.24
31,12.23
Amounts falling due within one year on demand:
Bank overdrafts
53
15.
ACCRUALS AND DEFERRED INCOME
31.12.24
31.12.23
Accruals and deferred income
1,285
1,888
16.
MOVEMENf IN FUF4DS
Net
movement
in ￿ndS
At
31.12.24
At 1.1.24
Ullrestri¢ted
General fund
83,771
(7,471)
76,300
TOTAL FUNDS
83,771
(7,471)
76,300
Net movement in funds, included in the above are as follows".
Incoming
resources
Resources
expended
Gains and
losses
Movement
in ￿ndS
UnrestrA¢ted funds
General fimd
82,872
(91,632)
1,289
(7,471)
TOTAL FUNDS
82,872
(91,632)
1,289
(7,471)
Comparative$ for movexnent in tsnds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unresti7¢ted ￿lld8
General fund
98,084
(14,313)
83,771
TOTAL FUNDS
98,084
(14,313)
83,771
Page 14
continued...

Sglers Cattle Society of the UK Limited
Notes to the Flnancial Statements- continued
for the Year Ended 31 December 2024
16.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
108ses
Movement
in fiinds
Unre5tr1eted fynds
General fimd
87,374
(103,368)
1,681
(14,313)
TOTAL FUIYDS
87,374
{103,368)
1,681
(14,313)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in fuThds
At
31.12.24
At 1.1.23
Unrestri¢trd funds
Generdl fund
98,084
{21,784)
76,300
TOTAL FUNDS
98.084
(21,784)
76,300
A ru￿nt year 12 months and prior year 12 months ¢ombined net movement in fund& included in the above are
as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in ￿ndS
Unrestrictsd funds
Genernl fimd
170,246
{195,000)
2,970
{21,784)
TOTAL FUNDS
170,246
(195,000)
2,970
(21,784)
17.
EMPLOYEE BENEFIT OBLIGATIONS
During the year £592.80 (2023 - £771.78) of employerJ pension contrkbutions were paid.
18.
RELATED PARTY DISCLOSURES
There were no Telated party transactions for the year ended 31 December 2024.
Page 15
continued...

Salers Cattle Society of the UK LimRted
Notes lo the FiDanei#l StAtements- continued
for the Year Ended 31 December 2024
19.
ULTIMATE CONTROLLING PARTY
The Charity is controlled by its members.
20.
PUBLIC BENEFIT
The charity is a publi¢ benefit entity.
21.
GOING CONCERN
The tnjstees know of no material uncertainties relating to the charity's ability to continue &8 a going concern.
Page 16