2025-11-30-accounts - Kingsbridge Agricultural And Horticultural Society Limited

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Registered number 06537828 Charity number 1124452

Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Report and Unaudited Accounts

30 November 2025

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Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Report and accounts Contents

		Page
Company information		1
Trustees’ report		2to3
independent examiners' report		4
Statement offinancial activities		5
Balance sheet		6
Notestotheaccounts	.	Tto10

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Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Company Information

Trustees and Directors R H Balkwili J G Higgin ARSmaridge (resigned 12 February 2025) E Ford (resigned 12 February 2025} E M Perraton JR Woodley H EM Reeve D J Trigger ME Cornhill (appointed 12 February 2025)

Secretary P Robson Accountants Morgan Accountants Limited Duke Court Bridge Street : Kingsbridge Devon TQ7 1HX Bankers Lloyds Fore Street Totnes Devon ; TQ9 5HH ‘

Registered office DukeBridgeCourtStreet , Kingsbridge Devon TQ7 1HX

Registered number 06537828

Charity number 1124452

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Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Registered number: 06537828 Trustees' Report

The trustees present their report and accounts for the year ended 30 November 2025.

Governing Document

Kingsbridge Agricultural and Horticultural Society Limited is a company limited by guarantee and is governed by it's memorandum and articles of asscciation, dated 18 March 2008. The trustees' individuat ilability is limited to £1 In the event of the charity winding up.

Board of Trustees and Directors

The following persons served as trustees and directors during the year:

R H Balkwill
JG Higgin
ARSmaridge	(resigned 12 February 2025)
E Ford	(resigned 12 February2025)
E M Perraton
JRWoodley
H E M Reeve
D J Trigger
MECornhill	(appointed12February2025)

Objectives and activitles

The Charity’s objectives are the advancement of agriculture and horticulture for the benefit of the public. In furtherance of the foregoing object but not further or otherwise the society shall have the following powers:(a) To hold an annual show known as "Kingsbridge Show’. {b) To raise funds and to invite and receive contributions from any person whatsoever by way of subscriptions and otherwise provided that the society shall not undertake any permanent trading activities in raising funds for its charitable object. (c) To collect and receive funds by way of contributions, donations, subscriptions, legacies, grants and appeals for furtherance of the annual show.

Review of activities

Kingsbridge Show 2025 was held on Saturday 6th September 2025. The show will continue to grow whilst trying to maintain a local feel and keeping it's traditional agricultural and horticultural roots, .

Reserves

The charity has no specific policy as to the level of unrestricted reserves held and has no restricted or designated unrestricted funds.

Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Registered number: 06537828 Trustees’ Report

Donations

Donations made by the charity during the year were as follows:

Kingsbridge RFG Under 15s	250
Britannia Beagles	100
Kingsbridge in Bloom	25
South Devon West Pony Club	150
Kingsbridge YFC_ .	50
RABI	200
	775

Risk recognition

The trustees examine the major risks to which the charity is exposed and are satisfied that procedures are in place to mitigate these risks.

Appointment of Trustees

The directors of the company are also Trustees for the purposes of Charity Law. When the company was formed, it was decided that directors would have to retire after three years by rotation and would be eligible for re-election at the AGM.

Statement of Trustees’ responsibilities.

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Company Law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the company and of the income and expenditure of the company for that year. In preparing these financial statements the Trustees have:

« Selected suitable accounting policies and applied them consistently
Made judgements and estimates that are reasonable and prudent
¢ Followed applicable accounting standards and statements of recommended practice without material departure, or otherwise stated the reason for such departure

« Prepared the financial statements on the going concern basis

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the provisions In Part 15 of the Companies Act This2006 reportapplicablewas approvedto companies by thesubject board onto the alalec small companies and signedregime. on its behalf.

Mrs HE M Reeve (Chair) Trustee

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Kingsbridge Agricultural and Horticultural Society Limited . (Limited by guarantee and known as Kingsbridge Show)

independent examiners report on the unaudited accounts of Kingsbridge Agricultural and Horticultural Society Limited for the year ended 30 November 2025

| report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2025

Responsibilities and basis of report

As the charity's trustees 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 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, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

independent examiner’s statement

| have completed my examination. | confirm that no matters have come to my attention In connection with the examination giving me cause to believe:

accounting records were not kept In respect of the Company as required by section 386 of the 2006 Act; or

2, the accounts do not accord with those records; or

the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other ihan any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or

4, the accounts have not been prepared in accordance with 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)]

| 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

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Morgan Accountants Limited

Duke Court Bridge Street Kingsbridge Devon TQ7 1HX

Kingsbridge Agricultural and Horticultural Society Limited {Limited by guarantee and known as Kingsbridge Show) Statement of financial activities for the year ended 30 November 2025

		Notes	Unrestricted	Unrestricted
			2025	2024
			£	£
Income
Voluntaryincome
Subscriptions and donations			869	680
Activities forgenerating funds		2	401,500	86,630
Investment income
COIF charities deposit account interest			2,914	3,302
Total incoming resources			105,283	90,612
Expenditure
Charitable activities and costs ofgenerating funds		3	60,486	55,826
General administrative expenditure		40	30,839	41,112
Total expenditure			91,325	96,938
Net income			43,958	(6,326)
Transfers between funds			-	-
Netmovement in funds			13,958	(6,326)
Total funds broughtforward	1 December 2024		95,730	102,056
Totalfundscarriedforward30November2025			109,688	95,730

Kingsbridge Agricultural and Horticultural Society Limited {Limited by guarantee and known as Kingsbridge Show) Registered number: 06537828 Balance Sheet as at 30 November 2025

	Notes		2025		2024
			£		£
Fixed assets
Tangible assets	6		7,460		9,033
Current assets
Debtorsand prepayments	7	2,206	4,386
Cash at bankand in hand		103,033	86,486
		105,239	87,872
Creditors: amounts fallingdue
within oneyear	8	(3,011)	(4,175)
Netcurrentassets			102,228	86,697
Netassets			109,688	95,730
Capital and reserves '
Unrestricted fund			109,688	95,730
			109,688	95,730
The trustees/directors are satisfied thatthe company is entitled to exemption from the to obtain an auditundersection477 oftheCompanies Act2006.				requirement
The members have not required	thecompany to obtain an audit in accordance with section				476 of
theAct.				;

The trustees/ directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Mrs H & M Reeve (Chair) Trustee Approved by the board 1M .........e08 -ee we

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Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Notes to the Accounts for the year ended 30 November 2025

1 Accounting policies

Basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared under the historical cost convention in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities’ : Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of lreland (FRS 102} (effective January 2019) Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ the Charities Act 2011.

income

All Incoming resources, including Income from investments, are included on the SOFA when received or due. The value of services provided by volunteers has not been included in these accounts.

Expenditure

All expenditure is accounted for on an accruals basis including any VAT which cannot be recovered.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost. Depreciation has been provided at the following rates In order to write off the assets over thelr estimated useful lives.

Show equipment and machinery Timber building

25% reducing balance basis 10% reducing balance basis

Funds

The charity has only an unrestricted fund to be used for the purpose of the charity with no restriction as to it's use.

Activities for generating funds	2025	2024
	£	£
Participants entryfees	2,950	3,515
Admission charges and catalogues	54,342	44,087
Trade plots and craft marquee	23,247	18,836
Catering rights, etc.	9,663	7,675
Showsponsorship	7A17	8,120
Advertising	1,300	2,360
Dog show	163	{27
Sundry receipts	18	73
Annual dinner	2,000	1,837
Grant recelved towards bus	400	-
	401,500	86,630

Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Notes to the Accounts for the year ended 30 November 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |3|Charitable|activities and|costs|of generating funds|2025|2024| |£|£| |Prize money|4,131|3,805| |Show expenses|32,978|39,137| |Sub|contractors and|hire|10,521|-| |Public address system|2,706|2,580| |Shuttle|bus|hire|300|-| |Rosettes,|sic|4,539|1,690| |Rent and|insurance of field|1,875|41,875| |Special|attractions|3,176|3,795| |Refreshments|215|448| |Judges expenses and|mileage|450|220| |Dinner costs|1,820|1,676| |Donations|775|600| |60,486|55,826| |4|General administrative expenditure|2025|2024| |£|£| |Telephone|(including|arrears)|132|1,777| |Pastage|494|688| |Stationery and|printing|2,851|3,017| |Advertising|294|1,757| |Website services|300|384| |Bank and transaction charges|828|1,286| |Insurance|4,045|4,371| |Computer software|and|expenses|2,786|_|4,106| |Depreciation|1,573|-.|2,060| |Independent examiners|fee|1,182|870| |Health|and|safety consultancy and|costs|1,400|5,190| |PAYE|work|276|252| |Wages|and|national insurance|16,541|16,042| |Pension costs|309|294| |Staff training|212|~| |Sundry expenses|619|269| |Previous|years debtors unrecovered|-|1,749| |30,839|44,112| |5|Staff costs costs| |2025|2024| |Average number of employees|i|.|1| |There|is one|part time|employee|during|the year, There were|no high|paid|staff.|

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5 Staff costs costs

Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Notes to the Accounts for the year ended 30 November 2025

6	Tangiblefixedassets			Show
		Challenge		equipment &	Timber
			cups	machinery	building	Total
			£	£	£	£
	Cost
	At 1 December 2024	1763		25,548	8,760	87,061
	At 30 November2025		1,753	25,548	9,760	37,061
	Depreciation
	At 1 December 2024		-	19,936	8,092	28,028
	Charge fortheyear		-	1,406	167	1,573
	At30 November2025		-	21,342	8,259	29,604
	Net book value
	At30 November2025		1,753	4,206	1,501	7,460
	At30 November2024		1,753	5,612	1,668	9,033
					2025	2024
					£	£
	Estimated valueofChallenge cups as at		30 November		9,400	9,400
7	Debtorsand prepayments				2025	2024
					£	£
	Trade debtors				569	135
	Otherdebtors and payments	in advance			41,637	1,254
					2,206	1,386
8	Creditors: amounts falling due within		one year		2025	2024
					£	£
	Trade creditors				1,945	100
	Other creditors and receipts In advance				1,066	4,075
					3,011	1,175

9 Related party transactions

The trustees received no remuneration during the period. There were no materia! transactions with the Trustees or related parties.

Kingsbridge Agricultural and Horticultural Society Limited (Limited by guarantee and known as Kingsbridge Show) Notes to the Accounts for the year ended 30 November 2025

10 Controlling party and company status

The Charity is a company limited by guarantee and is controlled by the Trustees named on the Trustees Report. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to 21 per member of the charity.

11 Other information:

Kingsbridge Agricultural and Horticultural Society Limited is a private company limited by guarantee and incorporated in England. Its registered office is: Duke Court Bridge Street Kingsbridge Devon TQ7 1HX