Regtst¢red number: 07007505 Charity numb•r: 11332S2 GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limlted by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 *A83ZHPCK)' 1410&2022 IPANIES HOUSE
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GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY {A company limited by guarant•el CONTENTS Page Reference and athiinistrative details of the charity. its Ttee$ arml advisers Trustees. report Independent examinerfs report Stat•m•nt of financial activities Balance sh•et N¢)te5 to the financial Statements 9-19
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA Company limil•d by guarnntee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARifi. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 OECEMBER 2021 Tru*8• A J Ashcroft Mrs C Hall M G Capp5 J W Donaldson. Vice Chair (regned 6 June 20211 Mrs J M Lenton Mrs PA J Mixgan. Chair GNSKiddy J S Burgess Mrs P J Sharp J Grilfiths C A Jenning5 A R Jennings E Wealherhead (appointed 6 September 20211 Company registered number 07007505 Charity regist¢r•d number 1133252 R•gistered office 20 Whiston Way St Neots Cambs PE196AU Company $ecr•tsry Mrs C L Kane Accountants Streels Whitmarsh Slertand LLP Potton House Wyboston Lakes Great North Road Wyboston Bedford MK44 3BZ Banknys Bardays Bank Leicester Leics LE87 288 Carntr"dge and counb.es Bank Chamwood Court New Walk Leicester LE1 STE Page 1
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A ComnY limwted by guarnnte•) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees present their annual report together the financial statements of the Gransden and Oistrict Agricultural Soctety for the year l January 2021 to 31 December 2021. The Annual report serves the Purposes of both a Trustees. report and a directors. report under MpanY law. The Trustees confirm thal the Annual report and finanaal Statements of the charitable company coMY wth Ihe current statulory requirements. the reqU1MentS of the charrtable compans goveming document and the provisions of the Statement of Recommended Pracb"ce {SORPI apIcae lo charities preparing their accounts in accordance with the Financial Repoth"n9 Standard applicable in Ihe UK and Republic of Ireland IFRS1021 (effective 1 January 2019). Sinee thè tharity qualifies as small urKler sectson 382 of the Companies Act 20[. the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report Directors. Reporti Regulabons 2013 ha5 ljeen orrthd. Objectives and activities . Policie5 and objectives The charitys objectbve is the advancement of agricultijre and horbculiure for the public benefft. In setting obieth'ves and annIng for ath"wtses. the TN5tees have given due ¢onsiderats"on to general guidance published by the Charity Commission rdating to wblic benefft, induding the guKlan¢e 'Public benefft.. running a Chafity IP82}'. b. Actlvilies undertaken to achieve obJe¢llves The obiectives have, once agan. been achieved by holding the society's annual show at Great Gransden. ma18nIng the tradib.onal community event of previous years and attracting people of all ages, from all walks of life. The cornrnunity benefits from the opportunrty to provide serwces to the show wth the committee using IoGal trade where possible. The show indudes a variety of cornpetibons. exhibits"ons, displays. and trade stands, lo involve and edurale ioral 5Ghoo15. communty groups and families. The tW5tee5 were delighted that the 2021 show was able to go ahead after canceth'ng the 2020 Show due to the Coronavirus pandemic. For the local agricultural and horticultural community. Ihe show is an ¢¥Jportunity to come together lo exchange ideas and knovAedge, make new acquaintances and renew e$. There is strong sense of community within the show which is well regarded by many. Local sthocAs ao eligible to ¥ply for grants to enhance the pupls. undersLwdirrfJ of agriculture h0Culture. Applications were received from kn 5chods during the year. to be considered after the year end. Previous grants gave have been used lo develop gardening. farming and outdoor acb"wb"es and to support trips for etjuotional, agricultural or hO"Cuttral purposes. c. hlain activiti•s und•rtak•n to furthw ¢harity'$ purpo5 for the public b•n•fft The charity seeks lo provide an annual show in the Vlage of Great Gransden. as one ol the few events of its type still run on a regular basis in the UK. The committee organi5e the detlS of the show Itthich irwolves trustees and other indNidualsl seek lo provide a range of demonstrations and activities wthich provide something of interest for everyone while maintaining an agricultural fia¥our. The show day also an oFwlunity for visitors to get dose to a range of farm animals. Page 2
GRANSDEN AND IXSTRICT AGRICULTURAL SOCIETY {A company limited by guarant••l TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021 ObJKtives and a¢tfvltles (¢ontlnued) The charity is dependent on income received from visitors and businesses attending the show, as well as other sponsorship and advertin9 revenue. When surplus funds are available, the trustees make donalions to other charilies and community groups. In 2021. donalions ranging from £117 to £600 were made to Gransden B8 Club, the Pony Club, Cadels. RA81. Mothws Union. Ladies in Ps. Bn"tssh Pig ASslatIon and ROurab0UI Magazine. The trustees consider that the ge of activities provided and donab"ODS made to other organisations enable the charrty lo fvlfil its requirement to operate for the public benefft, in accrydance With the Charity Commission guidance. Achievem•nts and p•rfornun¢e a. Main •chievements of the charity The society's member$ mmittee and directors sub committee meet Several times during the year to plan Gransden and District Agricullural Souetys annual Show. The charitys online booking system saw ticket$ for 3.556 ullS and 282 thildTen being booked online and an esb"mated 2,800 tickets being sold on the day. Once again, the annual show which included compets"lions for sheep, (athe. Fouttry and horses and VlcOmed display5 of rare breed anima15, flower5, county crafts and vintage vehicles around the showground. The show was well publiused in the local community, as well as using the charrty's V•tbsrte Fa¢ebook pages. The su¢¢es$ of the 2021 show enabled the tharty to give a totsl of £2.618 to other organi$ation$ {2020 £2,192) and applications for granis from h¥0 lo¢al h1>91S are also under con%deration. Fln•n¢ial review a. Going con¢em The UK continued to experience a pandemic of the cOna¥1ruS throUoUt 2021 but, ith additional precautions being in place in line wth guidance issued by the UK Govemment. the 2021 show was ae to go ahead. The chanty generated net income of £17.397 and. after making appropriate enquiries. the Trustees have asonable expectslion that the charity ha5 adequate resources lo ¢onb"nue in operab.onal existence for the foreseeat4e fvture. FOT Ihis reason. they continue to adopt the going concern ba515 in preparing the financial ststemenls. Furthw detsils regding Ihe adopb.on of the going ¢oncem bass can be found in the accounting poli¢*s. b. Reserves policy The trustees are mindful that the Costs of holding the shtsw each ar conb.nue to rise and that a great deal of lime is provided free of charge by volunteers. path"cularty in the V•Eeks leading up lo the day of the show. 11 ha5 been the charity's poli¢y to maTrntsin reseryes suffrcient lo support at least a fvll year5 expenditure as it would not be unknown for the show to have lo be cancelled the day before, still in¢urring the majority of ¢osts but thout any income. The tnJstees conswjer that the main risk factors which may cause the show to be ¢an¢elled are diseases and poor weather, nerther of ¥thich can be controlled by the chanty. Page 3
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A cixnpany limitod by guarantee) TRUSTEES. REPORT ICONTIMUEDI FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees estimate the tolal costs lo be in the region of £80,000 10 £85,000 per annum and seek to hold general reserves of at least this amount. thOUgh Ihe 2020 show was cancelled, the chanty5 actual level of serve5 continues to be much higher than the minimum reserves policy. The trustees have continued to actively promote the grant Scheme for indtwduals and schools and conbnue to monitor the level of accumulated reserves going fowdrd. struCle$ governance and managemenl a. Constitution Gransden and Districi AgrioJltural SOW 1$ 9stered a$ a thtable MpanY limiled by guarantee and was set up by a Memorandum of AssocOn. b. Method5 of appointment or election of Trustees The mareMent of the company is the responsibility of the trusteesldirectors. The appointment of trusteesldirectors is in accordance Vlith the Memorandum and Artide5 of Assoaation. The directors may appoint mid-term, by resolution, a person vtho is willing to act to be a direclor but thi5 person must then retsre al the next AGM and cannot be used lo determine the one third of director5 being reqUId lo retire by rotation anntsally. Eleth'on at the AGM is by members majority. c. Organisational structurn and d•cisiorHnaking policies The board of tW$tee¢omM1ttee meet reswlarty lo ppa for the annual The MpanY nsiSts of a board of directors and, in addiliw to thi$ tw)ard. the are further ¢ommittee members. The main decision making is wa the directors with a limited amount of delegab'on to the SeClary for every day operation in consultation wth the Chairman. The committee members speualise in speafic areas of the show and give advice lo the diiectors on procedwal issues relats.ng to their areas. d. Flnanclal rf8k management The Trustees have assessed the major risks to vthich the charity is exposed. in partKular those related to the operab"on5 and finances of the chanty. and are sats"sfied that systems and procedures are in place to mrtigale exposure to the major risks. •. Trustees. indÈmnbties In aordanCe th normal ¢ommeroal practi. the Charity has PUhaSed indemnity insurance to protect the trusteesldirectors from daims arising against them vthile acting on behall the charity. The thl of cover for directors and officers is £5.000.000 and coOI31e cover is £1,000,000. -Plan5 for future periods The next show is anned lo take place on Saturday 24 September 2022 and infomwtion for visitors, compebtors and exhibitors is being made a¥lable on the chwitys Webte.. gransdenshow.org.uk as and when it 1$ available. Pa9e 4
GRANSOEN AND DISTRICT AGRICULTURAL SOCIETY (A company limitèd by guardnttel TRUSTEES. REPORT ICONTINUEOI FOR THE YEAR ENDED 31 OECEMBER 2021 Statement of Tru5tMs' responsibilities The Trustees (who are also the directors of the chanty for the purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunrted lQ'ngdom GenerlY Accepted Accounb"ng PractKel. Company law requires the Trustees to prepare finanual ststements for each ffinancial . Under ccAnpany law, the Trustees musl not approve the finanoal statements unless they are satisfied that they give a twe and fair wew of the stste of affair5 of the charity and ol it5 incoming sourCeS and appIltIon of re$our¢es, including its income and expendrture, for that period. In preparing these finanaal siatements, the Trustees are required to.. select suitable accounts.ng pcdiaes and then appty them consislentty." obseNe the methods and principle5 of the Charitses SORP IFRS 1021.. make judgments and a¢nting estsmales that are reasonable and prudent.. stste whether applicable UK Accounting Standards (FRS 1021 have been lol$0. subject to any material departures disclosed and exained in the financial statements., prepare the finanual ststements on the going"concem basis unle55 11 15 inappropriate to presume that the charity continue in business. The Trustees are sponsible for keeping adequate accounting records that are sufficient to show and ewain the charity'$ transactions and disclose aSOnable accJJracy at any time the financial posits'on of the charity and enable them lo ensure that Ihe finanoal statements compty the Companies Aci 2006. They are also responsible lor safeguarding the assets of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregLlarities. Approved by order of the merrtlers of the board of Trustees and signed on their behalf by.. Mrs M J Moryan Chair of truslees Date." 28 March 2022 Page 5
GRAMSDEN AND DISTRICT AGRICULTURAL SOCIETY (A Crthpany limited by guarnntee) IP4DEPENDENT EXAIAINER'S REPORT FOR THE YEAR ENDED 31 DECEIIJ8ER 2021 Independent examin•rfs report to th• Trusts•s of Gransden and District Agrrcultural Soclety I'the charity'l report to the charrty Trustees on my examinalion of the accounts of the ¢harity for the year ended 31 December 2021. Resp)n5ibilities and l>asis ol rtport As the Tru$lee$ of the tharity land its directors for the purposes of company lawl you are responsib for the preparation of the accounts in accordance wth the requirements of the Companies Act 2006 Ilhe 2006 Act,). Hawng sats"sfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligi1e for independent examinatr"on, I report in respect of my examination of the chanty's accounts Carried out under 5ecb.on 145 of the chanb.es Act 2011 Dhe 2011 Act'l. In carrying out my examination I have followed the Oireclions given by the Chanty Commission Ltnder section 145151(bl of the 2011 Act. Independent examingrf$ Stslemert I have COrnFAeted my examinats"on. I confirm that no matters have ¢ome to my attenb¢)n in connection Nvith the examination giving me cause to believe". acGounting records weie not kept in Spect of the tharity a5 required by 5ectK)n 386 of the 2006 ACL or the accounts do nol accord ith those recoids., or the accounts do not comply the accounttng requirements of section 396 of the 2006 Act other than any requirement that the actounls give a fairf thi¢h is nol a matter considered as part of an intyependent examination". or the a¢Unts have not been prep in accordance ith the methrAls and piinu5 of the Statement of Recommended Practice for accounting and repo"ng by chanb.es lapplicable to chanb.es pparIng their accounts in accordance the Finanual Repo"n9 Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concems and have come across no other matters in connection with the examination to %•thich attention should be drawn in this pyt in or(ler to enable a proper undeTStandng ol the accounts to be reached. This report is made solety to the thantys Trustees. as a body, in a¢¢tydan¢e yth Part 4 of the Ch¥ritie$ (Account5 and Reports) Regulats"ons 2008. My vAirk has been undertaken so that I might state to the charity's Trustees those matters l am required to State lo them in an Independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsitrmlty to anyone other than the tharity and the charity's Trustees as a body. for my Irk or for this repryL Signed.. Dated.. f kpcJ 20 Bsc BFP FCA TEP Linda J Lord Streets Whitmarsh Sterfand LLP Potton House, Wyboston Lakes. Great Nlxlh Road. WO)oston, Bedftyd. MK44 3BZ Page 6
GRANSOEN AND DISTRICT AGRICULTURAL SOCIETY IA Company limrted by guarantee) STATEhlENT OF FIMA14CIAL ACTMTIES {INCORPORATING INCOME ANO EXPENDITURE ACCOUNTI FOR THE YEAR ENDEO 31 DECEM8ER 2021 Unrnstri¢tod funds 2021 Tolal fund5 2021 Total fund5 2020 In¢¢)me from: Charitable ac*vityes Investment$ 109.504 1.346 109.504 1,346 1.810 Total incom• 110.850 110.850 1,810 Expenditur• on: Charitable activities 93,453 93,453 20.079 Tolal expenditwe 93.453 93,453 20,079 Net movement In lunds 17.397 17,397 (18,269J Reconciliation of funds: Tcrtal fld5 bfought lorward Nel movement in fuTrJ5 167.907 17.397 167,907 17,397 186, 176 (18,269) Total fvnds carri•d forward 185.304 18S,304 167,907 The Ststement offinancial acbvibe5 indude5 al gains and losses recognised in the year. The notes on pages 9 10 19 form part of these finanaal statements. Page 7
GRANSDEN AND DISTRICT AGRICULTURAL SOCIEr IA ¢cthpany limited by guafantee} REGISTERED NUMBER: 07007505 BALANCE SHEET AS AT 31 DECEM8ER 2021 2021 2020 Not• Fixed assgts Tangible a5se15 Current assets 10 92 Debtors Investments 20,76 91,218 79.819 t, 779 89,322 82,036 12 Cash at bank and in hand 191.805 173,137 Creditors.. amounts falling due 7ithin one year 13 (6.501} (5.322) Net current assets 185.304 167,815 Tolal net assets 185.304 167,907 Charity funds Unrestricted funds 14 185.304 167,907 Total funds 185.304 167,901 The tharity was entiued lo exempknn from audit under section 477 of the Companies Acl 2006. The members have not required the company to obtain an audit for the year in question in acrdanCe Nmth section 476 of Companies Act 2006. The Trustees acknoedge their responsibilits.es for complw'ng with the requirements of the Act Vith fespect to accounting records and preparation offinancial statements. The financial statements have been prepared in accordance with the pro¥is¢ons apF4icable to entth"e5 5ubJeGt to the small companie5 regime. The finan081 statements wwe appKoved and authorised for issue by the Twu5tee5 and sigrEd on their behalf by.. Mrs M J Morgan Chair of trustees Dale 28 March 2022 The notes on page5 9 10 19 fm part ofthese financial staternents. Page 8
GRANSDEN AND OISTRICT AGRICULTURAL SOCIETY (A c¢Jmpany limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 General inforniation As Set out in the trustees. report. Gransden and Di51n"ct AgriGultural SoGiety is an incorporated charity 91s1ered in England and Wales. The address of th•r registed office Is 20 Whiston Way, St Neols, Cambs PE19 6AU. The financial ststemenls are prepared in sterfw)g, is the ltial currency ofthe entsty. The charity'$ objects a staled in the trustees, report Accounting policies 2.1 Ba$1$ 01 preparntion of fi¢1•1 st•temnts The financial statements have been prepared In aCcdanCe ith the Charities SORP IFRS 1021- Accounting and Repo.ng by Charities.. Statement of Recommended Practsce applicable to charities preparing their accounts in accordance wth the Financial Reports"ng Standard applicable in the UK and Republic of Irdand IFRS 1021 (effective 1 January 2015). the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 and the Companies Act 2006. Gransden and Th"slrict Agnltural Society meets the definrtion ol a wblic benefit entity under FRS 102. Assets liabilib.es are in"alty recognised at historical cost or transactr'on value unless Othe11$e staled in the relevant accounb.ng pjicy. 2.2 Going conc•rn During the year. the UK has continued to expenerKe a pandemic ol the coronawrus. The potential effects to the charity cannot be hjlly quanb.fied but the trustee5 remain comrnitted lo the protection of the ofganisation and are regularly reviewiny the >tuab"on. The trvstees have a reasonable expedatr.on that they have adequate 5f¢eS lo contsnue in operational existence for the foreSeeae futu. F¢y this reason they continue to adopt the going ncem bags in preparing the finGI01 5talements. 2.3 Fund a¢counling Genetal funds are unrestn'cted funds tthich are avaikible for use at the discretion of the frustees in rtherance of the general obpctives of the charity and which have not been designated for other purposes. Designated fiJnd5 cornpri5e unrestrictsd fur$ that have been set aside by the Trustees for particular purpose5. The aim and use of eath desgnated fund is Set out in the note5 to the ffinan¢ial stslements. 2.4 Income All income is recognised once the ¢hanty has enlrfement to the income, il is probatle that the income Vil be ieceived and the amount of income receivable can be measured lIablY. Page 9
GRANSDEN AND tMSTRICT AGRICULTURAL SOCIETY IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 DECEMBER 2021 counting polici9$ l¢onlinued) 2.S Eypenditure Expenditure is rewnised on¢e the 1$ a al or constructNe obligab.on lo transfer economic benefft lo a third party, it is probable that a Iransfer of economic benefits wll be iequired in settlement and the amount ot the oblwJats'on can be measured reliabty. l expenditure is accounted for on an accrvals basis_ All expenses, including support ¢o$ls and costs relaling lo the governance of the tharity, are included in ¢haritable acts'vits"es. Grants payable are charged in the year the offer is made except in Ihose cases the offer is ¢ondilional. such grants being COgniSed as expendrture vknen the ¢on¢Jitions attaching a lfilled. Grants offe1 subject to ¢ondits"ons whith have not been met al the year end are noted as commitment. but not accrued as expendrtuo. All expendrture is inclusive of irrecoverable VAT. 2.6 Interest re¢elvable Interest on fvnds held on deposit is included V•then receivable and the amount ¢an be measured reliabty by the chanty." Ihis is nomally upon notfficatKtn of Ihe interest paid or payable by the institub.on with wthom the funds are dewled. 2.7 Tangible fixed assets and depreciali( Tangible fixed assets costing £NIL c more are capitats.sed and recognised firture economic benefits are Pfobable and the ¢o$t or Value of the asset can be measured reliably. Tangible fixed assets a initialty cOgnised at Gost After re¢ognth'on, under the cost model, tangible fixed assets are measured at cost less a¢¢umulated depreciation and any accumvlated impairment losses. 1 costs incurred to bring a tangible fixed asset into rts intended working diliorb should be inchmled in the measurement of cost. Depreciation is charged so as to alocth ihe cost of tangible fixed assets less th"T re%dual value over their estimated vseful h"¥es. Depreciation is pmided on the folloing basis: Plant and machinery - 20% per anrwm straight line 2.8 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any traile di$nts due. 2.9 Cash at bank and in hand Cash al bank and in hand Includ $h short-terni hvjhty liquid inveslments with a short maturity of three months or less from the date of acqLMsib'on or opening of the deposit or similar account. Page 10
GRANSDEN AND DISTRICT AGRICULTURAL SOCIE IA company limit•d by guarantee) NOTES TO THE FINAMCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2021 Accounting policles {conllnu¢d) 2.10 Liabilities and provisions LIabileS a recognised *then there is an obligation al the Balance sheel dale as a result of a past event. it is Probable that a transfer of economic benefit thill be required in settlement, and the amount of the setuement can be eslimated relrably. Lia.11.es a ¢¢gnISed at the amount thal the ¢hanty anticipates it will pay lo settle the debt or the amount il has ¢ve as advan payments for the goods or semces it must provi¢Je. 2.11 Pensi¢)ns The charity operates a defined contribution penon scheme and the pension charge represents the amounls payable by Ihe charity to Ihe lund in respect of the year. Income from ¢h•iitable a¢tivities Unrestricted funds 2021 Total fund$ 2021 Total lunds 2020 Gate money Entrance fees Craft tent Trade stand$ subscriptns Sponsorship Advertising Food hall 75,709 3.393 2.323 21.390 3.215 118 75.709 3.393 2.323 21.390 3.215 1.795 1,561 1.795 1.561 Totsl 2021 109,504 109,504 Investfftent Income Unrestricted fund5 2021 Total funds 2021 Total runds 2020 Interest received 1.346 7.870 Page11
GRANSDEN AIID OISTRICT AGRICULTURAL SOCIETY (A company limited by guardntse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2021 Analysis of expenditure ¢)n ¢haritabk activities Summary by type Unrestricted funds 2021 Total funds 2021 Total furlds 2020 Gransden Show 90,835 2.618 90.835 2.618 17.887 2, 192 Grants 93.453 93.453 20,079 Analy$i$ of expeniuture by a¢tivlti•s Aclivilies undertaken dirt¢tly 2021 Grant funding •¢tivrtiÈs 2021 Support costs 2021 Total funds 2021 Total lunds 2020 Gransden Show Grants 89.605 1.230 90.835 2.618 17,887 2,192 2.618 89.605 2.618 1.230 93.453 20,079 Total 2020 16, 795 2,192 1,092 20,079 Page 12
GRAMSDEN AND DISTRICT AGRICULTURAL SOCIETY (A company limited by guardntee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2021 Anatysis of expendire by activities (continued) An•lysl$ ol dlr•ct costs Total fvnd$ 2021 Total funds 2020 Staff costs Depreuab"on Showground exwses Judges. expenses Prizes granted Catering costs Pnnling and stabonery Postage AdVe'sIng Telephone and intemet Reading room hire Subscripts'ons MisGellaneous expenses 12.591 92 11.330 118 60.40S 180 3.012 5.497 2.209 4.438 171 48 240 495 106 841 1.387 199 35 241 2.160 264 341 89.605 16, 795 Analysls of support costs Totsl funds 2021 Total funds 2020 Accountancy fees and independent examinati 1.230 1.092 Page 13
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2021 Analysis of grants Grants to Instrtution5 Z021 Totsl fund$ 2021 Total funds 2020 Grants paid 2,618 2.618 2, 192 Tolal 2020 2.192 2. 792 Unre5triGled nds 2D21 Totsl fvnds 2021 Total lund$ 2020 Charitable Grant Schgm8 Alconbury School Nth*on Pftmary School Bushmead School 162 1.229 496 1,887 Other donations Cadets RA81 The Pony Club Mothers Union 600 600 400 600 600 400 300 300 250 250 Ladies in Pigs Bri115h Pig Associab"on Roundabout Magazine Gransden Bob$ Club Cambridge Buses 250 250 100 118 118 305 2.618 2,618 305 2.618 2,618 2,192 Page 14
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA ¢ompany limited by guavantEè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 staff costs 2021 2020 Wages and salaries Contribution lo defined contribLrtJ'¢)n pension schemes 12.223 11,000 330 12.591 11,330 The average number of persons enwloyed ty Ihe chanty during Ihe year VAS as follows. 2021 No. 2020 No. Event Manager No ernOyee received remunerab.on amounkn.ng to more than £60.000 in ether year. The key management petsonnel of the charty comprise the trustees and Ihe Show Secretsry. None of the tru51ee5 rerxve any [emuneI10n_ The total amount of employee benefits (including employer pension Mntribulion51 reGeived by key management perSne4 for their seiCe5 to the charity vrds £12.620 {2020 £11.3301 Trustees. Trmuneration and exwnses During the year. Trustees received any rernunerats" or olher benefits 12020- £NIL). During the year ended 31 De¢embef 2021. expenses totaNry £641 We 1mbr5ed or paid directly to 3 Trustees (2020- £805 to 1 Tffuslee). The tru51ees re¥nbur5ed for Showground and other expenses incurred on behalf of the charity. Page 15
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limit•d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED J1 0ECEM8ER 2021 10. Tangiblefixed a55ets Plant and machinery Cost OT valuation At 1 January 2021 Disposals 4,189 15891 At 31 December 2021 3.600 D•pre¢iation At 1 January 2021 Charge for the year On disposals 4.D97 92 IS89 At 31 December 2021 3,600 Net book value At 31 December 2021 At 31 December 2020 92 11. Oebtovs 2021 2020 Oue within one year Other debtor5 Prepayments and acuued in¢ome 19,573 1,195 1,779 20.768 1,779 12. Curnnt asset Invesknents 2021 2020 Fixed term bank deposits 91.218 89,322 Page 16
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company limited by guar•nt••l NOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 DECEM8ER 2021 13. Creditors: Am(wnts falling due withln ¢)ne ye•r 2021 2020 Acwals and deferred income 6.501 5,322 14. Statement of fwmts Statement of fvnds - current year Balance at 31 December 2021 Balance at 1 January 2021 Incom• Expnditure Unrestricted fund5 De5ignatsd funds Fixed Asset Reserve 92 192) G•n•ral funds General Fund 167.815 110.850 193.361) 185.304 Total Unv¢strict•d lunds 167.907 110.850 193.453) 185.304 Designated funds A separate. egnated fund represents the value of asset5 Purchased by the charity, wthith 15 reduced by the annual eea"On thar9e. General fvnds - Net irtcome generated from the annual show is added to general reser4es and wll be used to fvnd futu aGb"vib"es in accordance charitable 0"eC.¥eS. Page 17
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY IA company lirnited by guarante•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 14. Statement of funds (¢ontinu•dl ststement of funds - prior year Balance at 31 December 2020 8alance at 7 January 2020 Income Expendrture Unrestricted funds ogsignated fvnds Fixed Asset Reserve 210 (118J 92 General lunds Gener Fund 185.966 1,810 {19.961J 167,815 Total Unrestricted funds 186. 176 1,810 f20.079J 167,907 15. Anaty$is of net assets betvKen funds Anaty$is of net assets betwwn fvnds - cufTent year Vnrestri¢t•d funds 2021 Total funds 2021 Current asset5 Credrtors due *ithin one year 191,805 16,501) 191.805 16.5011 Total 185,304 185.304 Page 18
GRANSDEN AND DISTRICT AGRICULTURAL SOCIETY (A company limit by guarantee) NOTES TO THE FIMANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2021 15. Analys5$ of Mt a$sets fvnds lcontinued) Analysis of net assets between ndS - prior y•ar UnRstriGted lunds 2020 Total funds 2020 Tangible fixed assets Current assets Creditors due ¥&ithin one ye 92 173. 137 (5.322J 92 173. 137 (5,3221 Totsl 167,907 167.907 Page 19