COMPANY REGISTRATION NUMBER.. 05957581
CHARITY REGISTRATION NUMBER: 4120037
Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Unaudited Financial Statements
31 August 2024
MCCOWIE & CO
Chartered accountants
2 Gosforth Park Avenue
Newcastle Upon Tyne
NE12 8EG

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Financial Ststements
Year ended 31 August 2024
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
10
Notes to the financial statements
12

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 August 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 August 2024.
Reference and administrative details
Registered charity name
Tynedale Agricultural Society Ltd
Charity reglstratlon number
1120037
Company reglstratlon number 05957581
Prlncipal office and registered Hexham Auction Mart
offlce
Tyne Green
Hexham
Northumberland
NE46 3SG
The trustees
Mr D. Carr
Mr C Chomse
Mr T A Harrison
Mr G l Holmes
Mr R J Raine
Mr J A Rowland
Mr M Scandle
Mr J Wardle
Mr J Woodman
Miss J Chomse
Ms T Cousin
Mr R A Young
Mr J Wallon
{Retired 18 October 2023)
{Appolnted 18 October 2023)
Company sécretary
Kerry Ann Robson
Independent examlner
Peter Mccowie FCCA
2 Gosforth Park Avenue
Newcastle Upon Tyne
NE12 8EG

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 August 2024
Structure, governance and management
Goveming Document
The organisation is a charitable company limited by guarantee, incorporated on 5 October 2006.The
company was established under a Memorandum of Association which established the objects and
powers of the charitable company and is governed under its Articles of Association.In the event of the
company being wound up members are required to contribute an amount not exceeding £1. Recruitment
and Appointment of Management Committee
The directors of the company are also charity trustees for the purposes of charity law and under the
company's Articles are known as members of the Management Committee.The Management
Committee have to be paid up members of the Society.The initial Management Committee was
appointed by the subscribers to the Memorandum and Articles ofAssociation. At the first Annual General
Meeting all members of the Management Committee stood down. At every subsequent Annual General
Meeting, one- third of the members of the Management Committee shall retire from office A retiring
Management Committee member shall be eligible for reelection.
Organlsational struclure
The Trustees deal with financial matters and the operation ofthe charitable society, and are responsible
for the planning and future development of the Society. There is also the Show Committee whiGh is
responsible for all matters relating to the annual Show. A number of sub-committees are responsible for
different sections of the Show, such as, cattle, sheep, dog show. trade stands etc.The sub-committees
report to the Show Committee.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place lo provide reasonable assurance against fraud and error. The
Gommittee meets regularly to monitor the risks which the charity faces and establish systems and
strategies to minimise these. The principal risks are those of the loss of the show due to either weather
problems or an outbreak of a contagious animal disease, such as Foot and Mouth, which might affect
the Show attendances and therefore finances. The committee are attempting to minimise these risks by
increasing free reseNes.
Olher risks relate to the health and safety of those participating in, or attending the Show. The charity
has detailed plans for emergencies, traffic management and health and safely risk assessments for all
parts of the event. The trustees have conducted a review of the major risks to which the charity is
exposed, in particular those relating to the operations and finances of the charity, and are satisfied that
adequate systems have been established to mitigate those risks.
Reserves
The trustees have established a policy whereby the funds not committed or invested in tangible assets
(the free reserves) held by the charity should be enough to cover the expenses incurred if it was unable
to hold two successive annual shows and also to allow it to make any investment necessary to secure
its future. The trustees feel that the current level offree reserves £966,893 (2023 £919,290). The society
maintains a prudent level of reserves to generate income to help fund the activities that further the
society's charitable aims and objeclives. This income is intended lo counter the large fluctuations in
irregular income such as donations, and to help fund the annual show.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 August 2024
The company recorded a deficit of £31,582 on charitable activities. There were net gains on investment
assets of £79,185. Therefore there was an overall surplus of £47,603. for Ihe year.
Investment Policy
The charity does not have a specific investment policy. The management committee have delegaled
powers to the secretary to move monies between the charity's investment portfolio, deposit bonds, and
bank accounts as required in order to obtain the best rate of return. Details of all portfolios are available
and discussed at all management meetings. The investment in listed securities realised a profit of
£10,663 and there was a revaluation gain of £55,104.
TrLÈStee I nduction and Training
The trustees are familiar with the practical work of the charity and keep up to date with developments.
New trustees are encouraged to familiarise themselves with the charity, and in particular with their
obligations as a Management Committee. and the main documents which set out the operalional
framework, includ ing the Memorandum and Articles of Association.
New Trustees normally, but not exclusively, have knowledge of the Charity's function and of the annual
Show. Copies of the last two years, accounts and Memorandum and Arlicles are given to new
Trustee5. A full briefing about responsibilities, operations and management is given to new Trustees by
the Secretary and Chairman.
Related parties
The Charity is a full member of the Association of Show & Agricultural Organisations which provides
access to all new and relevant legislation through meetings. conferences, training days and newslellers.
It also provides access to other Charities involved in the running of similar events
Support is also given to various charities and local groups in the form of discounted trade slands, to
enable prornolion of their charity. Family tickets are selectively given to local charitable groups and
associations to support their activities.
Public benefit statement
The Trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to
have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public
Benefit,.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 August 2024
Objectives and activities
The company's objects and principal activities are the advancement of agriculture for the public benefit,
in the county of Northumberland, and of the educalion of the public concerning agriculture and in
particular by holding an annual show known as the Northumberland County Show held annually on the
late spring bank holiday Monday.
The Charity Commission's general guidance on public benefit has been given due regard when
reviewing our aims and activities to further our charitable purposes for public benefit.
strategy
The use of established structures, practs'ces and systems developed in previous years.
Volunteers
The charity is greatly indebted to the volunteers who give their time freely to assist throughout the year
and with the annual show.
Powers of the company
In furtherance of its objects the Company has taken over the assets ,activitie5,and liabilities of the
unincorporated charity known as ' Tynedale Agricultural Society
Main Areas of Charilable Activity
The annual show acts as a link be￿een rural communities, farmers. 8nd the public. It attracts many
visitors who learn about rural life and farming systems. The Society sees its main achievement as the
continued success of the annual show, with strong emphasis on agriculture, conseNation, education
and the local community.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj
Year ended 31 August 2024
Achievements and performance
Annual Report 2024 - Tynedale Agricultural Society
Norlhumberland County Show, run by Tynedale Agricultural Society Ltd, now in its tenth year at Bywell
Hall, Stocksfield was held on Saturday 25th May 2024.
Poar weather throughout the three months before show day had the team worried however, during May
the weather dried up and plans went full steam ahead. All was good until Wednesday before the show
when rain started in earnest. Set up became very difficult and even with restrictions on vehicles on site,
the ground soon became boggy and saturated. With the he5p of many hard working volunteers the
shuwground came together in time for show day. Advance ticket sales were up on last year, helped by
good weather before show week.
Show day arrived with glorious sunshine, this impacted on the gate with approx. 20,000 visitors, well
down on last year. Car parks opened early and the traffic management system again worked smoothly
on access. Army cadets, Dog & Cat sheller volunteers & The Lion'5 Club supported the show's
enthusiastic and hardworking volunteer work force of over 200 stewards and helpers on show day.
Our main attraction this year sadly cancelled on the Tuesday of show week resulting in a swift change
to Jez Avery and his stunt show which was very popu12r. The main arena held the classes of magnificent
heavy horses and the Parade of Tractors through the ages.
JS Hubbuck Ltd Cattle section saw 82 classes with 263 entries, the winner of the coveted Champion of
Champions Trophy was a magnificent Hereford Bull called "Moralee 1 Rebel Kicks owned by Thomas
and Diane Harrison of Mickley, who were delighted with the result. The judge David Tennant of Royal
Highland Show, was very impressed with the quality of Livestock. The Reserve was awarded to a Large
Black pig called Matilda. Owner, David Wilde of Medburn, near Ponteland.
In the YoungsRPS Sheep section, there were 56 classes and 270 entries. The Overall Interbreed
Champion Sheep was won by a Charolais gimmer owned by Johnny Aiken.
Light Horse section ran 106 classes with 503 entries. The final competition was the Supreme Light
Horse Championship judged by Mrs Jo Jefferson, Mr Matt Baker and Mr Peter Macklam. The winner
was Roseberry Jubilation, owned by Susan Burgess and ridden by Grace Sidebotham. They had
championed in Class E39 BSPS Performance Pony classes earlier in the day. The reserve was won by
Jane Lindsay's loveley Mini Working Hunter Pony, Owston Hob Nob. ridden by young Posy Lindsay.
Hob Nob had previously won the Class E97 BSPS Tiny Tots Stakes.
It was a brilliant day in the Northumberland College Alpaca section on Saturday. Judges Barbara
Hetherington and Kim Murray had a tough job with such a fantsstic array of animals. The Champions of
the Alpaca section were.. Huacaya Supreme Champion.. Chestnut Farm Mr Whiteley owned by Chestnut
Farm Alpacas,. Huacaya Reserve Supreme Champion.. Fangdale Arlo owned by Fangdale Alpacas. Suri
Supreme Champion.. North West Suri Gariboldi owned by North West Suri. Best Northumbrian.. Barnacre
Lola owned by Barnacre Alpacas, Visitors often ask if the alpacas are llamas, so to avoid confusion, the
organisers exhibited a llama this year so there was a side by side comparison, There were information
boards to help visitors learn about the differences between the species and stewards available to answer
questions. The Alpaca section is trialling improvemenls to aid accessibility, including Braille signage for
visually impaired visitors, and a BSL Interpreter for commentating to those with auditory impairments
which have been well received by visitors.
In its fourth year the Farrier competition was a huge success proving very popular with the public.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) fcontlnued)
Year ended 31 August 2024
The Gomp8titors in the Cumberland Wrestling Competitions were grateful for the soft ground. The
Northumberland County Show hosted the prestigious under18 World championships- 1st Myles
Staunton, 2nd Robbie Pigg, 3rd George Younger.
The dedicated Children's area evolved furtherthis year, with The Biking Vikings, Bike 360, Musicwagon
with Rock Choir and Studio K dancers, Bubbleologist, face painting, and The Dawn of Chivalry Knights
with their encampment.
Creative North Marquee housed our Childrerr's Art Competition and had some amazing displays from
many local school children. Judged by local artist Alex Clark, this year the theme was the great outdoors.
The Border Stick Dressing Association competition was in this marquee, the Norman Tulip Perpetual
Cup for Best Stick in Show went to Mr D Gardner.
Competitive Home Craft, ran smoothly after a slow start to entries. Cookery Most Points Moffit Silver
Rose Bowl was awarded to Marion Sloan. Award for Best Single Item in Cookery Classes Ladies
Committee Silver Salver was Julie Englund. Shotley Bridge Wl won the Tynedale Agricultural Scoiety
Wf Challenge Shield.
The Fletchers Rabbit and Cavy Marquee had lower than normal numbers this year but was still very
popular with visitors, who have the opportunity to see less common varieties of these smaller types of
livestock.
The Poultry Show was a welcome return this year with good numbers of entries. Best in Show was
awarded to Tom Barron for his female Pekin who also won best true.
The Kennel Club Dog Show had over 800 entries with the best dog in show won by a Saluki, named
Caryna Hyperion. Reserve was a Newfoundland, named Shiresbears Enchanter for Edbear.
The Fun Dog Show was ran and organised by the Dog & Cat Shelter at Newcastle and a great success
and attraction for visitors, They raised over £1,000 for their charity.
Membership continues to increase steadily, members again enjoyed the private marquee and ringside
garden. The Members, bar and food was a great success from Ramside Catering,
Trade stands sold well before show day however due to the weather change and difficulty on the ground
many were turned away on the Friday. Refunds and positions carried to next year were to be organised
following the show. Still some hardy traders managed to set up and had a succesful day, Visitors
seemed not to notice any free spaces and still had a good range of diverse stands. New for 2024 was
our Charity Stand which Holly's Hope came in 1st with a free stand position for 2025.
Music by Tyne Valley Big Band, Whittonstall Community Band and Prudhoe Community Band
entertained the crowds all day and with a packed programme of entertainment, and our 'Counly Fest,
area was very popularwith local singers, The Rock Choir and dancers from Studio K and Elaine Pygall,
performing to the crowds. Northumbrian Pipers at the entrance and Highland Pipers throughout the
show carried on playing during the day and creating a great atmosphere.
Our Shopplng Marquee ha5 gone from strength to strength but sadly this year had to be reduced due to
a duck pond in one end from a flooded area of the show ground. Traders were told to delay coming this
year for restricted space.
Burseries were awarded to Wlliam Soulsby studying Agriculture at Askam Bryan College. An
Apprenticeship position was given to Ellie Robson this year from Kirkley Hall College. Ellie has
shadowed Kerry to learn more on the show and helping with day to day tasks.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 August 2024
Matt Baker - Travels with Mum & Dad. The show had the pleasure of being filmed for a whole show
episode of the programme. Kerry & family were interviewed by Matt and taken round the show as well
as sections getting a visit during the show day. Tommy & Di Harrison and Derek Ions appeared in the
episode and the promotion for the show will be fantastic.
The Show provides a huge boost for the local economy, it brings together communities from urban and
rural areas in one place and it is a showcase for so many businesse. The Norlhumberland County Show
creates connections be￿een food, farming and countryside life. Mark Sandle, Chaiman, concluded,
We have to keep it going because once a show goes, they don't come back. Education is key, and it's
so important to get people out and have a great family day out and hopefully keep them coming back."
Flnanclal review
Principal funding sources and expenditure
The main sources of income are from sponsorship, subscriptions, trade stand fees, and show day
receipts.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the
small companies exemption.
The trustees, annual report was approved on 4 November 2024 and signed on behalf of the board of
trustees by..
Mr M Scandle
Trustee

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Tynedale Agricultural
Society Ltd
Year ended 31 August 2024
report to the trustees on my examination of the financial statements of Tynedale Agricultural Society
Ltd {'the charity'} for the year ended 31 August 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors ft)r the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that 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 report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In
carrying oul my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am
a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connectlon
with the examination giving me cause to believe:
accounting records were not kept in respect of the charity as required by section 388 of the
2006 Act., or
the financial statements do not accord with those records: or
the financial statemenls do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounls give a 'true and fair, view which is not
a matter considered as part of an independent examination,, or
the financial statements have not been prepared in accordance wilh the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the account5 to be
reach
ccowie FCCA
pendent Examiner
Gosforth Park Avenue
ewcastle Upon Tyne
NE12 BEG

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
statement of Financial Activities
(including income and expenditure account)
Year ended 31 August 2024
2024
Unrestricted
funds Total funds Total funds
2023
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
41.782
275,942
13,868
331,592
41,782
275,942
13,868
331,592
40,806
280,193
12,723
Total Income
333,722
Expenditure
Expenditure on raising funds..
Costs of raising donations and legacies
Investment management costs
Expenditure on charitable activities
Total expenditure
60
5,899
357,215
60
5,899
357,215
60
5,953
363,544
10.11
363,174
363,174
369,557
Net gainsl(lossesl on investments
13
79,185
79,185
(6,447)
Nel incomel(expendlture) and net movement in funds
47.603
47,603
(42,282)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
919,290
966,893
919,290
966,893
961,572
919,290
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 12 to 21 form part of these ftnan¢lal statements.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Statement of Financial Position
31 August 2024
2024
2023
Note
Flxed assets
Tangible fixed assets
Investments
18
19
45,713
829,533
48,900
815,737
875,246
864,637
Current assets
Stocks
Debtors
Cash at bank and in hand
20
21
700
12,888
82,728
700
18,566
53,446
72,712
96,316
Credltors: amounts falling due wlthin one year
Net current assets
22
4,669
18,059
91,647
54,653
Total assels less current liabilitles
966,893
966,893
919,290
Net assets
919,290
Funds of the charity
Unrestricted funds..
Revaluation reserve
other unrestricted income funds
248,161
718,732
194,075
725,215
Total unrestricted funds
966,893
919,290
Total charity funds
24
966,893
919,290
For the year ending 31 August 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the requirements ofthe Actwith
respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordan￿ with the provisions applicable to
companies subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 12 to 21 fomi part of these financial statements.
10

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Statement of Financial Position (contlnu9dJ
31 August 2024
These financial statements were approved by the board of trustees and authorised for issue on 4
November 2
4, and are 51
ned on behalf of the board by:
Mr M Scandle
Trustee
The notes on pages 12 to 21 fom) part of these financlal statements.

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 August 2024
General Information
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is Hexham Auction Mart, Tyne Green, Hexham. Northumberland. NE46 3SG.
statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)> and the Companies Act 2006.
Accounting pollcles
Basis of preparatlon
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properlies measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concèrn
There are no malerial uncertainties about the charity's ability to continue.
Disclosure exemptlons
No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertalnty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
12

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Ststements (contlnuedj
Year ended 31 August 2024
Accounting pollcles (contlnuedj
Incoming resources
All incoming resources a￿ included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and enlitlement is established.
income from donated goods is measured at the fair value of Ihe goods unless this is
impractical to measure reliably. in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and seNices are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of seNices is recognised with the delivery of the
conlracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure Is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement offinancial
activities to which It relates..
expenditure on raising fvnds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds forthe charity
nor part of its expenditure on charltable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded atcost, and subsequently stated at cost less any accumulated
depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded
at the fair value at the date of revaluation less any subsequent accumulated deprecialion and
subsequent accumulated impairment losses.
13

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements (¢onlinuedJ
Year ended 31 August 2024
Accounting policies fcontlnuad)
Tanglble assets (contlnuedj
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activilies.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follows.,
Improvements to rented
property
Fixtures and fittings
Computers
Trophies
10% straight line
1 OO/D Straight line
10°/o Straight line
No depreciation
Investments
All investments are measured at fair value with changes in fair value being recognised in profit or
loss. Investment in equities and fixed interest securities are all traded in quoted public markets.
primarily the London Stock Exchange. The basis of fair value for quoted investments is equivalent
to the market value, using Ihe bid price. The holding in the Prudential Flexible Investment Plan is
equivalent to the face value.
Impairment of flxed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exisl. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each reporting date. For the purposes of impairrnent testing, when it is not
possible to estimate the recoverable amount of an individual asset, an estimate is made of the
recoverable amount of the cash-generating unit to which the asset belongs.
stocks
Stocks are measured at the lower of cost and net realisable value,
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered.
14

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements fcontlnuedj
Year ended 31 August 2024
Accounting policies (¢ontlnued)
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument. Basic financial instruments are initially recognised at the
amount receivable or payable including any related transaction costs. Current assets and current
liabilities are subsequently measured at the cash or other consideration expected to be paid or
received and not discounted.
Other financial instruments are subsequently measured at fair value, with any changes recognised
in profit or loss. Financial assets that are measured at cosl or amortised cost are reviewed for
objective evidence of impairment at the end of each reporting date. If there is objective evidence
of impairment, an impairment Ioss is recognised under the appropriate heading in the statement of
financial activities in which the initial gain was recognised.
Deflned contrlbution plans
Contributions lo defined contribution plans are recognised as an expense In the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent that
the prepayment will lead to a reduclion in future payments or a cash refund.
When contributions are not expected lo be settled wholly withln 12 months of the end of the
reporting date in which the employees render the relaled seNice, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in the
period in which it arises.
Limited by guarantee
The Tynedale Agricultural Society is a company limited by guarantee and accordingly does not
have 8 share capital, Every member of the charitable company undertakes to contribute such
amount a5 may be required not exceeding £1 to the assets of the charitable company in the event
of its being wound up while he or she is a member, or within one year after he or she ceases to be
a member.
Donations and legacles
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Donations
150
150
Sponsorship
Sponsorship
32,950
32,950
34,590
34,590
Subscriptions
Memberships
8,682
8,682
6,216
6,216
41,782
41,782
40,806
40,806
15

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements fcontlnued}
Year ended 31 August 2024
Charitable activlties
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Sale of goodslservices as part of
direct charitable activities
Advertising
Trade stand fees
Sale of catalogues
Eleclric
Hire of equipment
Entries
Gate takings
Catering
Northumberland Food Marquee
784
1,505
47,151
2.525
7,220
784
1,505
47,151
2,525
7,220
465
1,240
49,888
4,743
4.870
70
16,559
169,306
28,632
4,420
465
1,240
49,888
4,743
4,870
70
16,559
169,306
28,632
4,420
280,193
12,845
166,855
31,472
5,585
12,845
166,855
31,472
5,58S
275,942
275,942
280,193
Investmgnt Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Income from listed investments
13,868
13,868
12,723
12,723
Costs of raislng donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Costs of raising donations and
legacies - Sponsorship
60
60
60
60
Investment management costs
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Porlfolio management
5.899
5,899
5,953
5,953
10. Expendlture on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Show day
Support costs
292.445
64.770
292,445
64,770
357,215
299,103
64,441
299,103
64,441
357,215
363,544
363,544
16

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Ftnancial Statements (contlnued)
Year ended 31 August 2024
11. Expenditure on charitable activlties by activity type
Activities
undertaken
directly
Support Total funds
costs
2024
Total fund
2023
Show day
Governance costs
292,445
60,540
4,230
352,985
4,230
357,215
359,220
4,324
295,557
64,770
363,544
12. Analysls of support costs
Analysis of
support costs
activity 1 Total 2024 Total 2023
Staff costs
Premises
Communications and IT
General office
Governance costs
Repairs and maintenance
Professional fee's
42,036
5,450
5,390
2,132
4,230
2,420
3.112
42,036
5,450
5,390
2,132
4,230
2,420
3,112
64,770
39,618
5,437
6,397
4,669
4,324
1,096
2,900
64,441
64,770
13. Net gainsl{losses) on Investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Gainslllosses) on listed investments
Gainslllosses) on other investment
assets
65,767
65,767
(4,098)
(4,098)
13,418
13,418
(2,349)
(6,447)
(2,349)
(6,447)
79,185
79,185
14. Net incomel(expenditure)
Net incomel(expenditure) is Stated after chargingl(crediting)'.
2024
2023
Depreciation of tangible fixed assets
3,187
9,496
17

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 August 2024
15. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
Other financial services
500
3,530
500
3,759
4,030
4,259
16. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Employer contributions to pension plans
41,319
717
38,691
927
42,036
39,618
Charitable Staff
The average head count of employees during the year was 2 (2023.. 1 J. The average number of
full-time equivalent employees during the year is analysed as follows:
2024
No.
2023
No.
Administrative
No employee received employee benefits of more than £60,000 during the year12023: Nil).
17. Trustee remunaration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees;
no trustee expenses have been incurred.,
18

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnueoy
Year ended 31 August 2024
18. Tangible fixed assets
Land and Fixtures and
buildings
fittings
Equipment Computers
Total
Cost
At 1 September 2023
and 31 August 2024
Depreciatlon
At 1 September 2023
Charge for the year
At 31 August 2024
Carrying amount
At 34 August 2024
At 31 August 2023
107,995
62.272
40,139
18,326
228,732
105,144
1,628
106,772
58,457
1,261
16,231
298
179,832
3,187
q83,019
59,718
16,529
1.223
2,554
40,139
1,797
4S,713
48,900
2.851
3,815
40,139
2,095
19. Investmgnts
Listed
other
investments investments
Total
Cost or valuation
At 1 September 2023
Additions
Disposals
Other movements
589,635
66,931
(132,322)
65,768
590,012
226,102
815,737
66,931
(132,322)
79,187
829,533
13,419
At 31 August 2024
Impalrment
At 1 September 2023 and 31 August 2024
Carrying amount
At 31 August 2024
At 31 August 2023
239,521
590,012
239,521
829,533
815,737
589,635
226,102
All investments shown above are held at Valuation.
Financlal assets held at falr value
All inveslments are carried at their fair value. Investment in equities and fixed interest securities
are all traded in quoted public markets, primarily the London Stock Exchange. The basis of fair
value for quoted investments is equivalent to the market value, using the bid price. The investment
in the Prudential Flexible Investment Plan is measured at face value.
20. Stocks
Consumables for the office and shed.
19

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
21. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
12,000
417
471
12,575
417
5,574
18,566
12,888
22. Creditors. amounts falling due wlthln one year
2024
2023
Trade creditors
Accruals and deferred income
Social security and other taxes
other creditors
94
4,002
435
138
260
3,811
99
13,889
4,669
18,059
23. Pensions and other post retirement beneflts
Defined contributlon plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £717 {2023.' £927).
24. Analysis of charitable funds
Unrestrlcted funds
At
1 Sep 2023
Gains and
At
losses 31 Aug 2024
Income Expenditure
Transfers
General funds
Revaluation
reserve
725,215
331,592 (363.174) {54,086)
79,185
718,732
194,075
919,290
54,086
248,161
966,893
331,592
{363,174)
79,185
At
1 Sep 2022
Gains and
At
losses 31 Aug 2023
Income Expenditure
Transfers
General funds
Revaluation
reserve
750.249
333,722
(369,557)
17,248
(6,447)
725,215
211,323
961,572
(17,248)
194,075
919,290
333,722
(369,557)
(6,447)
20

Tynedale Agricultural Society Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
25. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than l year
Net assets
45,713
829,533
96,316
(4,669)
966,893
45,743
829,533
96,316
{4,669)
966,893
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Net assets
48,900
815,737
72,712
(18,059)
919,290
48,900
815,737
72,712
(18,059)
919,290
26. Related parties
There were no related paty transactions In the year.
21