RECISTERED COMPANI. NIJ1BF.R: 04971254 (F.ngland and 1S'ale$} REGISTF.RF.D CHARITY NIINqBER: I I 1*942 REPORT OF THE TRUSTEES AND UNAUDITED FItYANCI.4L STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 FOR THE GILLINGHAM & SH.4FTESBURY AGRICLLTLRAL SOCIETY And[5 and Palrn¢T Ltd Chanered.4c¢ouniants 37 Th.. S4uarL Gillingham Dorsci SPR 4AR
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AGRICLLTLRAL SOCIETY CONTEf+rrs OF THE FIN.4NCI.4L STATENIENTS FOR THE YEIiK E.NDED.10 SEPTE.IIBER 202$ Page RepDrt of the Tru51ee5 Independent Examiner's Rgport Statejnent of FInaCIal ActiTrities Balance Sheet Notes to the FiThancig1 Staternents 10 to 19
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541 REPORT OFTHE TRLSTEES FOR THE I'E,IR E.%DED 111 SEPTEIIBER 202$ The irnslees who are also directors of the eharity for the pllrwses of Companies Aet '(KJ6. present their report with the financial tL'mLnts ot thL' LhoTlty thc YC LndLd 30 ScpEcrnbcr 10?5. Thc Irublccs hdNc adopted thc provisiuns of AcLountin¥ und Reporting by Charities.. SthteTheHI of Recornmended Practice applicable to chanties preparing iheiT acrounts in accoTdance with the Financial Reponing Sndard appliLable in the UK and Republic ofireland {FRS 102) (effe¢iive l January 20191. OWECTIIIES AND ACTIVITIES Objcctivcs and aims The Society's main charitable objectives are.. to promote agriwlture. horticulmre, foresty. turdl ¢rats and skills and conservation tor the public benefil, in pariicular by tht holding of demonstraiions and shows. and io advanie educalion in conneilion wilh such altcr%". lo advJncc unécr4tJnJing (Trt. thc wral cconnrn). in ways which bcncfil thr local ci)tnmunity and fa%lcr public cfropcralion and goodwill; lo promote the improvemeni of live>rock and ihe PTeventi)n and eradi¢aiion of dis¢asei in I1¢s[0¢k. The Charity Conimi5sion's general guidanc£ public benefit ha5 been given due regard when reviewing the Society's aiTns and a¢tiviiies io further its chariiable purposes lor public benefil. The 78 acre 511e known as Turnpike Showground, Is held in on behaifof the Society. objetiVe - To successfully siagie the GillinLiham & Shaftesbury Agricultural Show. so as to promote the &>ciery's rnain ¢haritable obje£livts. Siratc¥y - Thc usc ol'c%tJblishcd %1CtU[c. practic> and dcYclO ill PlCViOU% 40 to niaxiTnisc thc iai%ing ol'fund for The chariiy. Objective- to ensure that the Societv Tnaintains and ifflproves ihe qalIty of the Show. Siraiegy - Explore w)ssible addilional sources orrunth.ng 10 help improye ihe Show and funher the Socieiy's objectives. Obje¢tiv¢- To increase awareness and understhnding of agricvlmrdl and environmenthl isslles io the widesi audien¢e. Siratigy To incrLabL links with agriculturdl and cnvironmcntal orwu isations to providc an area dedicated to luLatIOn aThd intonnalion at the Show. ObjL¥tlVL- To Lontinuc to irnproTrc thc Tumpik.- ShoH'¥round for ihc ncri1 of all who usc it SiralEgy- ReeW the long teTm polential of the siie. dei-elop a vjsion foi the fulure and draw up a plan that can be activated a5 and whln funding is a¥ailablc. Objeciive - To increase the Soci=iy's reseNes for ihe purpose of funding tuiure shows and to provide a revenue source for future dLvcloptncnt%. Siraregy - To use biidgers. Careful planning and minimising extthdiwr¢ io in¢Tease cash reierves. Th¢ tnain objective of thr Society's subsidiary. Turnpik"¢ Ei"ents Limited. 15 to attan¥e and organise with other ¥TOUPS the holdingy ot events on Ilie Tiimpike Show'ground alongside implcmeniing new tl'ents ihemselves. Page I
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541 REPORT OFTHE TRLSTEES FOR THE I'E,IR E.%DED 111 SEPTEIIBER 202$ OBJECTIVES AND ACTII'ITIES &)¢ial invcstmtnt5 The Tru5tee5 coDfiTm that they have reftTred to guidance contained in the ChaTity Cornmission's general guidance on public benefil when reviewing ihe SoLieiy's aims and obje¢iii'es and in ihe planning of fulure wiiviiies. The Trusiees hal'e used ihe main charitable objeetive Ii) finalise the objectives and.%trategies sei out ill ihis documeiit aiid are of the opinion that the%e will incre the benefii io the widesi possible audience. Family tickets were sele¢iively given io local ¢h8riiable groups to support thr fvndraising activities. Support was also given to various charilits and local groups in ihe fomi ofdiscounted trade stsnds lo enable promolion ofilieir objcctiVC4 (ind fpr fund Tal1. ThL SoLjLiy laut]LhLd ILS Silldini Support Fund in ?010 with the aim of supponing thc Countryside profcs5i0ls of iomurrow by supporting Students financially thai are entenng inio .4griculh]ral. Horljcultural and Countryside COUT5es. The fund will encouraLTe and support the very best thleni ihai is iraining for. and eni¢nng inio careers in agriCUlre and rtla¢ed land-based indusiries The Socicty will offcr hclp with co%t% tO.a[(L% collc¥c or uJiivcp)ity cournc fccs, booL% and cquiprnenr or ci'cn to hclp mcct thc %i¥nifJLani transport cosls of accessing their place of sludy. we knoH' Ihal there Is a rtrdl aT)d pressing need to help our sludeiils, appTeHlices and traincLS Ilt ihis limL. Volunteer5 Thc Soricty i% grcatly indcbtcd to thc 250 pl11 olUn1ccpS whn givi limc frccly to throughout the ycar and at thc annual show. No esiimaTe tsf ihe moneiary value has b¢en pLg¢ed Iiis WOTk in Ihese attounis. ACHIF.VF.MF.NTS AND PERFORMAYCF. Charitable aetivities Thc Gillingham & shdftLbUr) Sh(JW dllows ilic to mcct it% objcctivc% of the dcmoiisrrdtion uf a¥riLulturdl und allicd rural meihods of edll¢ation and entertainment io the publie. io suppon Ial wmmunin. a¢iivitie5 ,hi1$1 offering families interested in rural mattLrs an cnjoyablL ILI! out #nd offcTing the local fatrncrs a oPrtUnI1Y with local agiiLultural dvalLrs alon¥ with buyLrg and suppliers to local Industry. While the S1¢1& has l(Miked ai runnin¥ Ihe iu'o shows for success. it knew it had to have other oplions both financially and rtpuiationally though ils Irading cornpan) ITurnpike Evenls Limiltd) Ihroughoul the ytar the show¥ruiind hds bccn 1i5cd dt dLffcrcnt IiTllfts as a C2TllPSitc. cvcnt vcnuc for lucal horsc & dog shows, cJrcu4, boot sulcs, Yuiin¥ FaTtneTS Rall).. local stKcialisl Show's and as a weddIg receptson venue as a H'ell a5 provith.ng a safe enviTOlltnenl for yDung people lo l¥arn io drivl. FINANCIAL REVIEW Reserves pvliry The Society maintsins a pwdent level of reserves to generni¢ income to help fund the a¢riviiies thai funher the Society's ¢hanLgble aimb and objcLlivcs. This incomc is inlLndcd lo iounlcr thc Ige fluctuaiions in irrLgulaT incoinc such as donaiion5 and to IiLlp fund the Society through difficult jecif) and to Irlp lund the annual thow. The sum of£75.(MK> has en de51gnated a4 a pluvius Insurance fund, reserved to ensure the Socitry survive should the main eveni have to be Celled or curtailed. The TteS decided 10 maintaii) thL%L fLscrvc% in dLposil dLLUUtit% in vicw uf the voldtilc ndtur¥ of thc eqlliry dnd bond matci. The nei in¥oming re%)urLes / {defi¢iti for the year were £26.65412O24.. defiLii of£78,1591. The Sthtieiy'g wholly thwned %iibsidiary. Tiimpike Evenis Ljmiied. made 3 piofii of £1 131 12024.. £4.904} 2fter dtsDArithg £20,5C)7 12024.. £15.6631 to thc SoLiLty. FUTURE PLANS The Society cantinu¢% tn d¢v¢lnp '1th incr¢a%¢d Tndhod% of raising IL% pr(Ifile online. Ihe Show¥ri)und and through it% Inarkttin&. It kn)ow5 li niusi stay ahtad of the lime5 and reach ne. people. In O?(Tr rhe Gillingham & Sl)aft¢5buiy Show will continue to rwi oN'a' two dJys and continuLS to aitn to wLILomi high visltor crowds, incrcage cntrics across compctitlwc SCLiions and offer a platform for businesses to nieet new and existing custOTJLers. Page 2
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY
AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541
REPORT OFTHE TRLSTEES
FOR THE I'E,IR E.%DED 111 SEPTEIIBER 202$
STRUCTURE. GOVERNANCE AND MANAGEMENT
Coyerning document
ThL' Gillinghutn lllld ShJftc&burJ ,l¥riLulturul S(ILicty {-thc SoLicty-I trdci jtts r(iots bdLk to Ihc fitst Shuw in ig60 und
established a5 a COTDpany IiTllited by guarantee aTMI ieg151ered as a charity in 2007. The Society is controlled by its governin£
documenl, Ihe Nlemorandum & Arti¥les of Associaiion, and ¢onsiiLuteb a limiied ¢ompat)y. limiied by guaraniee, as defined by Ihe
companie Act ?006. The liability of the membe)3 in the eveni of the Siety. bein&D ..Ound up is liinited to a suin noi exceeding £1.
Rceruitment Ind appointment ol new tru51ces
The Sociery can appoint a pers¢)n who is willing io aci as a Charity Tn]stee by ordinary Tesoluiion. Trusiees have io be paid up
members ofiht Soiiely. Prosed and seconded b), exisiing members. The Truitees who are also cornpany direclors on the board ol
anagcwncnt %crvc on a thrcc ycar rolatii>n aThd cat) bc Fr
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541 REPORT OFTHE TRLSTEES FOR THE I'E,IR E.%DED 111 SEPTEIIBER 202$ Rp¥i5tered office The Show Office TurnpikL Shuwwund Mot£ombe Shaftesbury Dor%et SP7 9PL Trustees IQ L"l-ulTin Mrs A J Ro%%iicr R G Cllrtis K S Harris M T PTice E J B Dyke lappoini¢d 19.2.251 A R N(illcr IdPEX)inicd 19.2 251 G M Simpson (appointed 19.2.?51 Miss H Young l&ppointtd 19.2.251 CDn]pao> Secretarv M% C A S lJarti Indopertdent Examiner Mr P L Be.iS Andrews and Palmer L¢d Chdrrcrcd AcL(TrunidntS 32 The Square (iillinghtsm Dorsei SP8 4AR Bankers Lloyds Bnk pl¢ TliuTrh Striet Gillingham SP8 4AQ Soliritor5 amlields Thl Sqlldrc Gillinnhani Dorset SPS 4AX Page 4
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541 REPORT OFTHE TRLSTEES FOR THE I'E,IR E.%DED 111 SEPTEIIBER 202$ Th18 Port has been pwared 2c¢ordxrt¢e with ihe sp¢rial provision5 of Part 15 of the Com]xnie5 Act 21M)6 lating to 4mall companies. AppToved by order of the board of twstees on 24 March 2026 aThJ signoj its behalf by.. IQ L fuifin- Ti'uslee Page 5
IPIDEPENDENT F.X.ANIINF.R'S RF.PnRT TO THF. TRUSTEES OF THE GILLINC:H.411 & SH.4FTESBUR3'" AGRICULTL'RAL SOCIETY Independent examiner's report to Ihe Irustees of The Gilli]b%ham & sh>ftbUrn Agri¢ullural Society I'the Cornpany,) l Tepori 10 the charily Iru51ees on my examiDalion of the accounls of ihe Company for the year ended 10 Stpittnber 2025. Responsibilities and basi5 of report the Lhurity's ttu%tcei uf thc Cornp4Lny dlsu its dircitors for th. putposc& of cvnipuny law'l yvu urc rcspu]Lsiblc fur th preparation of the accoiinis in accordance with the requiremtnt5 of the CompaDie5 Act I'the ?006 Acl'l. IlavingTr satisfied mvself that the account4 of ihe Conipany are not required to be audited ullder Part 16 of tlie 2006 Aci and are eligible flir independeni examination. I report in re5cl of m5. examillaiion of your chatily s a¢couniS ag carried oui under Section 145 of Ihc C.haritlLS .4Lt 2011 I'thL 101 I ALYI. In Latrying out my ¢[nItya110n I have follow thc DiieLtiolls given by thL Churity Commission under Seciion 145151 Ibl ot the 201 l A¢t_ Independent ex4miTter 5 5tateTTrent %ince your charity'% gross income exceeded £50.(NK) your ¢xamineT must be a member of a listed tM)dy. l ¢an Confimi thai l am qualifiLd to uDdLndkL thL cumination bciausc I am a mLtnbcr of Instiiuti of ChartcrLd ALcounlants in England and WalLS, which is one of the listed bodie5. hdvc complctcd my cxamination. I confjrni ihat no mattcTh havc comc to my att¥ntion in ionncetion with thc Cxdmlnl0n yiving mc cause lo belie*e'. accouting records were not kepi in reskx¢i of the Company as required by Sethioll 386 of the 2(K>6 Act: or the accounts do nol accord with ihose recor(&.' or Ihc accounts do not Lomply with thc accouniing fCqUilCTncnts of Scction 396 of thc ?(K)6.4ct oth¢1 than any rcquircrncnt tlial The aecounis giie a ITue aTrd fair view w.hich is noi a Tnaiv¢i considered as pan of an independeni exaTninaiion: or thL accounts havL not btin prcparcd in aciordanec M Lth thc mithods and prjnbiplcs of ihc Siatcment of RLCDmmLndLd Practice for accounting and reponing by charities (applicable io chariiies preparing iheir accounts in accordallce with the Financial Reponing Stantsrd applicable in ihe UK and Republic ofitelalld IFRS 1021). I have no con¢erns alld have com¢ a¢ross no other rnatters in ¢onnecii¢)n wilh the examination io which attention should be drawn in this EEPOrt in OTdLY to LnablL a prvpLY undL Tsianding of thc accounts to bc rcachcd. MT P L Bevis Thc In51iLutL of ClwtLrLd Accoullianls in England and Walcs Andrews and Palmer Lid ChdnifLd ALLYTrunit5 32 The Square Gillingham Dor%et SPR 4AR 24 March 2026 Page 6
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY STATEiIIEiYT OF FINA%CI.4L ACTII'ITIES FOR THE I'E,IR E.%DED 10 SEPTEIIBER 702$ 3Q.9.25 rotal fut5 3(Tr.9.24 Total Unrestricied fund Restricted fujids. Nole5 INC.OME AND ENDOII'IIENTS FROTrI Dondiion% and legyacie% 48,595 4,152 .747 43.914 Chariiable aetivitiL$ show 407,361 421.672 Invc8tTnCllt incornc Total l.R47 467.433 4)8.680 4.152 EXPENDITLRE O Rui%ing tunds 500 Charitable artl%'itl¢s Show 425,345 9,500 434.845 543,152 OthLr Tolal 1.333 426.678 1.940 545.592 9.500 436,178 NET INCOMEI(EXPENDITURE) 32.(M)2 15,1481 26,654 (78,159) RECONCILI.4TION OF FufiDS Total tunds brough[ tOTW3rd 303.418 6,634 310,052 388211 TOT AL FUNDS CARRIED FORII'.4RD 33S.420 336 706 310052 The notes forni part of these fukClaI siatements Page 7
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541 B.4L.4NCE SHEET 30 SEPTEI1BER 2025 3n.9.25 rotal fut5 Unrestricied fund Restricted fujids. Total Nole5 FIXED ASSETS Tangible a%%ers Invegiments 10 183.258 183,258 186.919 IX3.25Y 18J,25Y IX6,92U CURRENT ASSETS 5iocks Debtors Cash dt bunk ld in h4Lnd 12 13 14 1.933 1?,209 18! 715 196,867 1.933 12.209 184,011 198.151 1.000 1.869 1()6.044 168,913 CREDITORS .Imounls Falling du¢ wiihin one year 15 144.7061 {44.7061 (45,781) r4ET CURRENT ASSETS 152 161 15J 447 123 132 TOTAL ASSETS LESS CURRENT I.T ABII.ITTF.S 335.42Q 1,28 336,706 3 lQ,052 NF.T ASSETS FLIYDS 335 42Q 336 7Q6 31QQ52 17 l.Inrestricied tiinds R¢slri¢ted funds TOTAL FUNDS 115420 11Tr3418 3.36 706 3100$2 The ihariiable ¢ompanv is entitled io exemption fft)m audit lliider S(*ti()n 477 of the Campanies A¢t 201Ki for the year ended 3 Sepiember 20&5. The members hawt nol required the Lompany io obLqin an audil of its fcIal slalements for the vear ended 30 Stplember 2025 in accoTdance '1th Section 47() ot the Cotnpanies Act-(K)(,. Th¢ trustees a¢knowledg¢ their responsibilities for (a) ensuring thai Ihe Chantsble company kttps aiioulliing records ihat comply wilh Se¢lions 386 and 387 ofthe c.ompanies Aci 2006 and preparing financial siatemenis which ve a nu¢ and fair view of the sthie of affairs of the charitable company as ai ihe end of CdLh fLlldtlLial yL>if dnd ot ils surylus or dcficit for cach financial ycar in aLcordallLC Wlth thc rcquirLmcnts- of ScLiiOt]s 394 and .395 and w'hich oiheTWlSt comply with the requir¢Thents ol the Companies A£1 2006 Telating to financial StaleTnet, so far as applicable to the ehariiable company. (bl The notes forni part of these fukClaI siatements Page 8 continued...
THF. C.11.I.I%CHAII &. SH.4FfF.SBI."RY AGRICULTLII.4L SOCIEftr' (REGISTERED NI'IIBER: (M9712541 BALA)CE SHEET- ¢ontinu¢d 30 SEPTEI1BER 2025 These flnancial staiemcnts have been prepared in accordance wilh the provisions applicable to charitable companies subject to the 11 Lumpunics rLgiinc. The tinancial %tstements were approved b} the Board of Trustees and authorised for issue on 24 Marcli 2026 and were Sigined oil its behalf by., K S Harris- TrustCL K L Tuftin - Trustee The notes forni part of these fukClaI siatements Page 9
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AGRICLLTLRAL SOCIETY (YrES TO THE FIS.4%CI.L sT.TEIEjTs FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ ACCOUNTING POLICIES BAsi5 of prcpaTing the finanei*l 4tttemcDts The financial slalemeDis of the chantablc company. which is a public irnefjt eniity under fRS 102, have been prepaTed in a¢¢ordance wilh the Chariiies SORP (FRS 10?) 'ALcouniing and Reporting bv Chariiies- Siaiemeni of Recommended Praciice applicable to charities preparing their accounis in accordance w'ith the Financial Reponin¥Y SLqndard applicable in the UK and Republic of Ireland IFRS 10?) i=ffeclii-e l Januan. 2019}'. Financial RepOr1g Siandard 102 The F'inancial Rcpuning Standard uppliLabli in thl UK and Rcpublic ot Ircland. and thc CumpaniLs Acl 2006. Thc finanliul statcnicnts have been prep3Ted under the hisloncal cost ¢oni'eMion, with the ex¢epiion of investments which are included at market value. No mai¢rial uncenainties exisi. The charitable company has iaken advantage of the following disclosure exefflp(ions in prq)aring these finallcial 5talernellt5, as permitied by FR5 102'The Financial Rewrting Siandard appl]ble in the UK and Republic of Ireland,: the requirernenls of Seclion 7 Statement of Cash Flow$. thc rcquircn]cnt of paragraph 3.17idi', the requiremenis ofparagraphs 11.42. 11.44. 11.45, 11.47, 11.48{aXiii). 11.481a)liv). 11.48(bl and I1.48(cl; the requirements of paTagraphs I 7.26, 1".27. 12.291al. 12_29lb} and 12.29A.. thc fLyUifLmcnt of paragraph 33.7. All income is re¢ogrtised irt the Staiement ofFinancial Activilies once the charity has entiilement 10 ihe funds, It is probable that ih- income will be reLeivtd and the ainounl ian bt MSUr£d reliably. Expenditure LiabilitlLS ari rLLognis¢£t as Cxpl11trC as s(M)n J% thLfL' is a k'gal or ionstru¢ti&L ubligation commilting thi Lharitv ID that ¢xpelldiillre. il 1> probable that a transfer of economic beiiefirs .111 be requir¢d in settlernenl and the ainount of the obliiTration Lan be measur¢d reliably. Expendilure is a¢¢ounied for on an a¢LTua15 basis and has been classified under headin¥s Ihai dggrcgdtc all Lo%t rclalcd its thc ¢atcgory. Iltherc CO$L% eannot bc dirc¢tly altributcd to particuldr kading% ihcy hawc bccn allocated 10 activiiies on a basis ¢onsisieni wirh ihe use ofresources. Grants Dftered subject lo conditio which havt 0¢ been met ai the yearend date awc noied as a cotnrnitment but not arcTued as eipendiiure. Tangible fixed assets Dcprcviation is provided at thc following annual rates in ordcr to wri¢C off each assct ovlr its cstimatcd useful Iifc. linprO.crnct io prurtY Plani and machinery Fixiuris and fitlings Tractor5 t proi'idcd 33°/D on reilucing balance. 25. 25•/• on rcducing b&ancc l(P/fj reducing balance . on redwing balance and 21> on cosi Sto¢ks Stock5 are valiied at the lower of cost and net realisable value. afteT nkIng due allowance for obsolete and slow moving iicms. C.v51 L5 ba5rd on Ili¢ rost of pUhas¢ on a fJIst in. fJr5l out basi& Page 10 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ ACCOUNTING POLICIES- cvmtinued TAxthtio The charity is exernpl frotn corporation tax its charilable acttvities. Fund ¢rountiThg Unresiii¢ied fLinds can be used in x¢ordance with ihe charithble objectives ai Ihe discretion ofihe Itugiees. R¢stricted fimds Can onl} be used for particular restricted purrx>w within the objecis ot ihe chariry. Restriciions arise when specified by the donor or when funds are raised for particular reslricied purtK>ses. Furtli¢r explanotion of th¢ nature and purpo of each fi]nd is included in the noies io the financial stal¢nJents. Hire purchase and lea5in% commitrnents Rentals paid under operaiing leases are charged io Ihe Sthiemeni of Financial Aciiviiies on a siraight line basis over the pcriod ot-thc Ivdsc. Pcn5illrt costs and otbcr post-retiremcnt becrits The Lhariiable ¢oinpan)' operaie% a detined coniribuiion lS1On scheme. ContritionS payable to the charitable Company's pension scheme are charged 10 the Siaiement of Financial Aciiviiies in the period lo which they relale. Flnxnel*l InsirnmeDts ThL Lharily only has fjnancial asscts and financial liabilitics of a kind thai 4ualify as basiL fjnancial inslrumLnlg. BasiL tinancial instnjmtnts are initially recob?ni5ed ai transaction NaluE and 5ub5tquentl J lliea5ured at their settlement value with the ex¢epuon ofbank loans which are iubsequenily measured ai arnortised cost using the eifeciive inierest meihod. Debtor5 TradL and other debtors arL rLco¥ni5ed at the scttlcrnent amount rcteivable. Prepavnicnts ar¥ valuLd at ihL histoiic cost of thc amOUt paId. Cash at bk Cash ai bank is defined by the charity as fvnds available to be used immediattly. Creditors C.redii&rs are reiognised where ihe charity has a prtseni obligaiion resuliing from a pasi event thai will probably result in ihe tiansfir of fLind% 10 u third party ar]d ihc arnounr duc to scrtlc thL oblig¥iivn can IK. Jnca%urcd Tclilibly. Cicditt)t% drc recogllised ai their selllerneni amount. Pagell continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ INVESTMENT INCOME 30.9.24 Dep05lt account interest Oiher inleresi received 2.724 1,805 42 SUPPORT COSTS Governance costs Mana8cfftLni Financc 0r Totals Show IO) 74 5.770 120 158 ET INCOMEI(EXPENDITLRE) Net in¥ome/(expendiiurel is stated after chargingllcrediiing)- 30.9.25 30.9.24 DLpfLiiation- owned a%scis Hire of plant and niachinery 3,661 4,500 TRUSTEF.S' RF.muERATIOIY AND BENEFs ThcrL wcrc trustccs, remuncralion or uthcr bcnctJL% for thc yedr cJJdcd 30 Scptcmbcr 2025 nor for thL yLar ctidcd 30 SEPtewnbei 2Q24. Trustees, expe$es Thcrc wcrc trustccs, cXpcnS paid for thc ycar 30 ScptcrnlKI 2025 nor for thc Y cndcd 30 Scplcmbci 2024. STAFF COSTS ThL aicragL monthly numk'r tsf crnpltsyccs during thL w&¥ follows: 30.9.?5 30.9.24 Management and ddminislrdtion Nn crnplfiycc% rLCCiv eTniiliimenK' in exce%% nf Lfin.l)(K) Page 12 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ COMPARATII'ES FOR THE STATEMENT OF FINAf4CIAL ACtIN'ITIES Unrestricied nd Restricted funds Total fund INC.OME AND ENI)Olv1ETS FROM Donatian% and legtracie 38,142 5.772 43.914 Charitable #etivitie5 Show 421.672 421.672 1.847 461.661 I.7 467.433 Total EXPENDITVRE ON Rai%in¥ flind 500 500 ChJril&ble acti%ities Show 542,652 500 543,152 oihir Total 1.940 545.092 1.940 545.592 500 NF.T INC.OMFIIF..XPF.NDITURE) Transfers between funds Net movement in funds {¥3.4311 5,272 (78,159) 154.5751 6,41fi 178.1591 RECONCILIATION OF FUNDS Total tunds brought foTwird 387,993 218 388.211 TOTAL FUNDS CARRIED FORII'ARD 418 3 lQ.052 ACCOUNTANCY FEES Thc cxpLnditurL on accoulltancy fLTS was I2.17O12(124.. LI.486). Page 13 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ DONA TED GOODS AP*D SERTr'ICES The tTh)netary vdluc i)f dunated scrviLCS IS Ilut shown in thcsc aLLOUllts. 10. TANGIBLE FIXED ASSETS Improvements Fixture and fittin¥s Plani and machinLry propLrty cos"r Al l Octabci 2024 and 30 Scplcmbcr 2025 DEPRECI.4"1'10 AI I OLtvbcr ?024 c.harge for year AI 30 Septernbcr 2025 N&:I' BOOK W41,UTr- AI 30 Sepieniber 2025 At 30 Scptcmbcr 2024 134.427 54.672 50,605 5,?66 685 5,951 51,715 134427 134.427 Challcngc cups Tractors Toials COST AI l OLtober 20,4 and 30 Sepiember 2025 DEPRECIATIO Ai I ncrthber ?.n?4 charg fL)r vLar AI 30 Septembti 2025 NET BOOK V'.4LUE Ai 3n SCptcmb[ ?025 AI 30 Stpiernber 2024 40.735 1.866 81.606 183258 186919 A valuarion ol rhe Challenge Cups and frophies was undertaken by Messrs T and S Appleion resuliing in a valuaiion for ill5urancc purposi5 01 £?7,U25. ThL trust5 arc not awarc of any n]atirial chanuc in ihc valuL Df Ch211cngL Cups and Trophies since Ihe last valuaiion. Individual eo%tin¥ £50 (Jr moTt aTt tapilalilcd dt to%t. Page 14 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ FIXED ASSET INVESTMErffs Shares in ruup undertakings COST Ai l Octobei 2024 and 30 September 2025 P4L'I' B()OK V.4LU Ai 20 Sepieinbcr 20?5 At 31) SLPtLmlK'r 2024 Invesimeni in subsidiary undenakj.ng is recognised at cosi less any provision for irnpaim)enL There were no invtstmtnl assets Oljlside the UK. The company's invesiments at ihe balance sheet date in Ihe share capithl of companies include rhe following.. Turnpik¢ Ei'¢nts Limit¢d rompanTr number (KiJ88853 Regist¢ied tr]le.. Th¢ Show. OtTic¢. TutLipik"t Showgtoun4 Shaftesbury. Dorset. SP7 9PL NaiurL of bllsiness.. E%'Lnl maThagLmcnt Class of share.. Oidinary holding 30.9.25 30.9.24 AkgTTeLTate capitsl artd reserves Profil for ihe year 23.015 19.8S4 12. STOCKS 30.9.25 30.9.24 Siks 13. DEBTORS: AMOUNTS FALLING DUE W'ITHAN ONE YEAR 30.9.15 3(1.9.24 Tradc dcbiors AccTued income Prepaymen 9,107 1.495 295 621 Page 15 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ 14. CASH AT BAPIK AND IN HAND Cush llt bunk hcld to fund futurL 5huwb sufc against bdd wcdthcr And othcr unforcsCL'n circurnstunces whLJ] income from ihe show is affected. The Tru5te¢s deciikd to rnaiitain Ihese Te5eTves in deposit accounrs in view of the volatile naiure of¢he equiiy and nd markei. J5. CREDITORS: AMOUYTS FALLIIYG DUE W'ITHIN ONE YEAR 30.9.75 3U.9.24 Trade credilors Amount4 nwcd to ¥roup undcrtakiDg4 Pension conirol a¢count VAT Other cieditor5 Accruals and deferred income 17,999 964 329 23,634 I6,J6 278 355 25.797 1,545 LEASING AGREEMENTS Minijnurn Icasc payrnLnts utlder Don-ianccllablc oEKrating I&¢S fall duc as follows= -10.9.24 Within one year BLlween onc atKI five years 1.199 1,199 17. MOVEMENT JN FUNDS Nei movcmcnt In fund5 Ai .10.?4 At 30.9.25 Unrestricted funds General fund 30i.418 32.IK12 335,420 Re5trirted funds Studeni Suppon Fund 6,634 (5.3481 1,286 TOTAL FUNDS 310052 136 706 Page 16 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ 17. MOVEMENT IN FUNDS- continued NLt movLment in funds. includLd In thc aboyc arL follow5- Incoming resourc&q Reiources expetmled Moveinenl in hlnth Unrcstrieted lunds General fiind 458,680 (426,6781 32,1)02 Restricted fund5 Studeni Support bund 4.152 19.51K)I 15,3481 TOTAL FUNDS 436 1781 Comparativcts tor Mtsvtmet funds Nei InovLThicnt in funds frans(ers bctwccn funds Ai 1.10.23 At 30.9.24 Unrestricted funds General fllnd 387.993 183,4_111 11.1441 303,418 Restri¢ted funds SiudLnl Support Fund 2111 1,144 6,634 TOTAL FUNDS 38¥ 711 78 1591 -3IU 052 Comparativc nei Tnovcm¢nt in fund5, in¢ludcd in th¢ alN)w¢ ar¢ a5 follow$'. Incoming rcsourLCS Resources cxpcndcd Movemeni in fund Unrestricted funds CICnEral lund 461.6fi1 (545.0921 IR3.4311 Rcstrieted furtds Studeni Support Fund 5.772 15WI 5.272 TOTAL FUNDS 545 q92 78 1591 Page 17 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ 17. MOVEMENT IN FUNDS- continued A curtcnt ycur 12 priur ycar 11 OnthS ci)mbinLd p)sitlUD is folluw>. Transfers beeen lurtds At 1.10.23 Inovemeiit in funds At 30.9.25 Unrestricted funds General fund 387.W3 151,4291 11,1441 335.420 Restricted funds Studclll Sllpport Fund {76) 1,144 1,286 TOTAL FUP4DS 51505) 336 706 A LurrL'nt yeur 12 months and prior ycar 12 onthS combincd moveTncnt in fuTM15. includcd in thL ubovc Ejrc tts follows.. Incoming rcsourc Resources CXPCIMlcd Movemeni in tund%' Unrcstrieted funds G¢neral tund 920,341 (971,7701 151.4291 Re$trieted funds Studeni Support Fund 9,924 { l O,IMX)I 1761 I'O'I'AI. b"UNDS 930 265 981 7701 51 5051 Ullresiri¢ted fi]nds represents income generared from volunraryand charitable activiiies for general use within the chariry. Restricted tunds relate to the Student Support Fund. whereby donatjOTiS are re£eiYed and rnade to CDuntryside profe*%ionals of ionK)rrow by supporting students finanlially thai a eniering inio A¢v[l[al. Honiculiural and Counirysi& courses. Page 18 continued...
THE GII.I.I%CHAII &. SH.4FfF.SBLRY AC.RICLLTLRAL SOCIETY NOTES TO THE FIJA%CI.4L ST.4TE)IENTS- cootinued FOR THE I'E,IR E.%DED 111 SEPTEIIBER 702$ 18. RELA TED PARTY DISCLOSURES ThL' Lhitb1C Lompany tukcn ad'ta¥L. uf cxcmptjun, undLr th- tLTtns c.f FInlIa1 Rcportjng Stdndurd 102 Yht Financial Reporting StaTMJard applicable in the UK and Republic of Treland.. not to disclose ielaled party transactions with wholly owned subsidiaries within the group. There were no ttlaied party Iiansaction$ foT Ihe yeatended 30 Sepiembei 2025. 19. ULTIMATE CONTROLLING PLIRTY Thc cotnpany Is controllcd by Ihc iKi3rd nf trustccs and ihc sorirty's 20. SHARE CAPITAL The company is limited by guarani¢e and ionsequenily doe% not have a share capital. In the ev¢nt of winding up, Ihe mcmbirs havc a liability to contriblltc a sum nol cxecedin¥ Ll cach. 21. PLu[Us FUND The fund set aside ai ihe_loih Seplember. 2025 is £75.IXKI 12024= £75.(Krf)l. This is included in the unreslricttd General fund nd kcpl in J %cparntc bank accounL Page 19
This document was delivered using electronic communications and authenticated in accordance with thc rcgistrar's rulcs rclating to electronic fotm, authcntication and manner of delivery under section 1072 of the Companies Act 2006.