Company registration number: 07344699 Charity registration number: 1138613
Frome and District Agricultural Society Limited
(A company limited by share capital) Annual Report and Financial Statements
for the Year Ended 31 December 2021
Frome and District Agricultural Society Limited
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Strategic Report | 2 |
| Trustees' Report | 3 |
| Statement of Trustees' Responsibilities | 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 to 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 17 |
Frome and District Agricultural Society Limited
Reference and Administrative Details
Chairman R P Cary Trustees C R Stilton M A Hinton S C Head S H Welch J R Dowling J Y Scott P J Cary K H G Penny M K Brake J A Salmon S F Fear R W Arney J S Padfield R E Flower B C Wilson Principal Office The Show Office Rodden Road Frome Somerset BA11 2AH The charity is incorporated in England and Wales. Company Registration Number 07344699 Charity Registration Number 1138613
Page 1
Frome and District Agricultural Society Limited
Strategic Report for the Year Ended 31 December 2021
The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 31 December 2021, in compliance with s414C of the Companies Act 2006.
Financial review
The charity has recovered from the Covid 19 problems that caused the cancellation of the Show in 2020 and has suffered no significant financial problems as a result. The 2021 Show has resulted in a modest surplus and the finances of the Society are in a sound condition.
Policy on reserves
In the event of a poor year, which would probably be due to adverse weather conditions, the trustees are likely to have set aside sufficient funds from these reserves. With sufficient funds and cash held the trustees are happy this position remains adequately covered. The overriding objective of the society is to continually re-invest the funds to broaden the educational benefit to a larger number of people.
The strategic report was approved by the trustees of the charity on 20 June 2022 and signed on its behalf by:
......................................... R P Cary Chairman
......................................... S H Welch Trustee
Page 2
Frome and District Agricultural Society Limited
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 December 2021.
Objectives and activities
Objects and aims
The charity's objectives are to promote the general advancement of agriculture, forestry and horticulture through providing exhibitions, technical education, scientific investigations and other such means. This is achieved mainly through the one day show where the general public have an opportunity to see a wide range of farm animals and variety of cheeses produced throughout the world. This provides education and training in all aspects of farming, cultivation and management of land and allied trades.
Public benefit
An annual agricultural show is held at which farmers and cheese producers exhibit the best of their work to show the public. Many of the exhibits demonstrate how their product or livestock is produced.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structure, governance and management
Nature of governing document
The charity is incorporated and governed by its' own Memorandum and Articles of Association.
The charity has a management committee of 16 volunteer members who have overall control and responsibility for policy and major decision making and all are directors and trustees. Day to day management is carried out by a full time show manager.
Recruitment and appointment of trustees
The management committee identify potential candidates to fulfil certain roles from either new or existing areas of operation. They would then be proposed, elected and appointed by the management committee.
The annual report was approved by the trustees of the charity on 20 June 2022 and signed on its behalf by:
......................................... R P Cary Chairman
......................................... S H Welch Trustee
Page 3
Frome and District Agricultural Society Limited
Statement of Trustees' Responsibilities
The trustees (who are also the directors of Frome and District Agricultural Society Limited for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 20 June 2022 and signed on its behalf by:
......................................... R P Cary Chairman
......................................... S H Welch Trustee
Page 4
Frome and District Agricultural Society Limited
Independent Examiner's Report to the trustees of Frome and District Agricultural Society Limited
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 6 to 17.
Respective responsibilities of trustees and examiner
As the charity’s trustees of Frome and District Agricultural Society Limited (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 Frome and District Agricultural Society Limited 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 your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out 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 Frome and District Agricultural Society Limited'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 I am qualified to undertake the examination because I am a member of AFA, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of Frome and District Agricultural Society Limited as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
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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)].
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 accounts to be reached.
...................................... C E Weare AFA
20 June 2022
Page 5
Frome and District Agricultural Society Limited
Statement of Financial Activities for the Year Ended 31 December 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
| Note Income and Endowments from: Donations and legacies 3 Other trading activities 4 Investment income 5 Other income 6 Total income Expenditure on: Raising funds 7 Charitable activities 8 Total expenditure Net income Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 Note Income and Endowments from: Donations and legacies 3 Other trading activities 4 Investment income 5 Other income 6 Total income Expenditure on: Raising funds 7 Charitable activities 8 Total expenditure Net expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 16 |
Unrestricted funds £ 10,301 248,305 1,058 26,451 286,115 (252,864) (2,495) (255,359) 30,756 30,756 948,637 979,393 Unrestricted funds £ 26,603 231 1,151 18,132 46,117 (75,281) (4,554) (79,835) (33,718) (33,718) 982,355 948,637 |
Total 2021 £ 10,301 248,305 1,058 26,451 |
|---|---|---|
| 286,115 | ||
| (252,864) (2,495) |
||
| (255,359) | ||
| 30,756 | ||
| 30,756 948,637 |
||
| 979,393 | ||
| Total 2020 £ 26,603 231 1,151 18,132 |
||
| 46,117 | ||
| (75,281) (4,554) |
||
| (79,835) | ||
| (33,718) | ||
| (33,718) 982,355 |
||
| 948,637 |
Page 6
Frome and District Agricultural Society Limited
Statement of Financial Activities for the Year Ended 31 December 2021 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2020 is shown in note 16.
Page 7
Frome and District Agricultural Society Limited
(Registration number: 07344699) Balance Sheet as at 31 December 2021
| Note Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: Amounts falling due within one year 15 Net current assets Net assets Funds of the charity: Unrestricted income funds Unrestricted funds Total funds 16 |
2021 £ 736,929 20,761 226,654 247,415 (4,951) 242,464 979,393 979,393 979,393 |
2020 £ 744,130 26,381 202,519 |
|---|---|---|
| 228,900 (24,393) |
||
| 204,507 | ||
| 948,637 | ||
| 948,637 | ||
| 948,637 |
For the financial year ending 31 December 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements on pages 6 to 17 were approved by the trustees, and authorised for issue on 20 June 2022 and signed on their behalf by:
......................................... R P Cary Chairman
......................................... S H Welch Trustee
Page 8
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
1 Charity status
The charity is limited by share capital, incorporated in England and Wales.
The address of its registered office is: The Show Office Rodden Road Frome Somerset BA11 2AH
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
Basis of preparation
Frome and District Agricultural Society Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations and legacies
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Page 9
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees' meetings and reimbursed expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Page 10
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
Asset class Depreciation method and rate Freehold land and buildings 2% on cost on buildings 25% on reducing balance and 25% on Furniture and equipment cost
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Page 11
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
Financial instruments
Classification
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.
Fair value measurement
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
Page 12
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
3 Income from donations and legacies
| Donations and legacies; Donations from individuals Grants, including capital grants; Government grants 4 Income from other trading activities Events income; Other events income 5 Investment income Other investment income 6 Other income Rental income |
Unrestricted funds General £ 437 9,864 10,301 Unrestricted funds General £ 26,451 |
Total 2021 £ 437 9,864 10,301 Total 2021 £ 248,305 248,305 Total 2021 £ 1,058 Total 2021 £ 26,451 |
Total 2020 £ - 26,603 |
|---|---|---|---|
| 26,603 | |||
| Total 2020 £ 231 |
|||
| 231 | |||
| Total 2020 £ 1,151 |
|||
| Total 2020 £ 18,132 |
Page 13
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
7 Expenditure on raising funds
a) Costs of trading activities
| Note Costs of goods sold Other direct costs of activities for generating funds Allocated support costs 9 8 Expenditure on charitable activities Governance costs 9 Analysis of governance and support costs Governance costs Legal fees Allocated support costs |
Unrestricted funds General £ 35,116 125,904 91,844 252,864 Note 9 |
Total 2021 £ 35,116 125,904 91,844 252,864 Total 2021 £ 2,495 Total 2021 £ - 2,495 2,495 |
Total 2020 £ 3,376 6,652 65,253 |
|---|---|---|---|
| 75,281 | |||
| Total 2020 £ 4,554 |
|||
| Total 2020 £ 2,574 1,980 |
|||
| 4,554 |
10 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
11 Staff costs
The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:
Page 14
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
Staff No employee received emoluments of more than £60,000 during the year.
| 2021 | 2020 |
|---|---|
| No | No |
| 3 | 2 |
12 Taxation
The charity is a registered charity and is therefore exempt from taxation.
13 Tangible fixed assets
| Cost At 1 January 2021 At 31 December 2021 Depreciation At 1 January 2021 Charge for the year At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 14 Debtors Trade debtors Other debtors 15 Creditors: amounts falling due within one year Trade creditors Other taxation and social security Other creditors Accruals |
Land and buildings £ 757,153 757,153 16,074 6,436 22,510 734,643 741,079 |
Land and buildings £ 757,153 757,153 16,074 6,436 22,510 734,643 741,079 |
Furniture and equipment £ 41,158 41,158 38,107 765 38,872 2,286 3,051 2021 £ 7,769 12,992 20,761 2021 £ 43 - 2,508 2,400 4,951 |
Furniture and equipment £ 41,158 41,158 38,107 765 38,872 2,286 3,051 2021 £ 7,769 12,992 20,761 2021 £ 43 - 2,508 2,400 4,951 |
Total £ 798,311 798,311 54,181 7,201 61,382 736,929 744,130 2020 £ 8,741 17,640 |
|---|---|---|---|---|---|
| 757,153 | 41,158 | ||||
| 16,074 6,436 |
38,107 765 |
||||
| 22,510 | 38,872 | ||||
| 734,643 | 2,286 | ||||
| 741,079 | 3,051 | ||||
| 2021 £ 7,769 12,992 20,761 2021 £ 43 - 2,508 2,400 4,951 |
|||||
| 26,381 | |||||
| 2020 £ 61 1,849 20,583 1,900 |
|||||
| 24,393 |
Page 15
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
16 Funds
| 16 Funds | ||||
|---|---|---|---|---|
| Balance at 1 January 2021 £ Unrestricted funds Unrestricted general funds General Funds 948,637 Balance at 1 January 2020 £ Unrestricted funds Unrestricted general funds General Funds 982,355 17 Analysis of net assets between funds Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Incoming resources £ 286,115 Incoming resources £ 46,117 |
Resources expended £ (255,359) Resources expended £ (79,835) Unrestricted funds General £ 736,929 247,415 (4,951) 979,393 Unrestricted funds General £ 744,130 228,900 (24,393) 948,637 |
Balance at 31 December 2021 £ 979,393 |
|
| Balance at 31 December 2020 £ 948,637 |
||||
| Total funds £ 736,929 247,415 (4,951) |
||||
| 979,393 | ||||
| Total funds at 31 December 2020 £ 744,130 228,900 (24,393) |
||||
| 948,637 |
Page 16
Frome and District Agricultural Society Limited
Notes to the Financial Statements for the Year Ended 31 December 2021
| 18 Analysis of net funds Cash at bank and in hand Net debt Cash at bank and in hand Net debt |
At 1 January 2021 £ 202,519 202,519 At 1 January 2020 £ 209,887 209,887 |
Cash flow £ At 31 December 2021 £ 24,135 226,654 24,135 226,654 Cash flow £ At 31 December 2020 £ (7,368) 202,519 (7,368) 202,519 |
Cash flow £ At 31 December 2021 £ 24,135 226,654 24,135 226,654 Cash flow £ At 31 December 2020 £ (7,368) 202,519 (7,368) 202,519 |
|---|---|---|---|
| 226,654 | |||
| At 31 December 2020 £ 202,519 202,519 |
Page 17
Frome and District Agricultural Society Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Donations and legacies Appeals and donations UK Government grants Other trading activities Show income Investment income Investment income Other income Rental income |
2021 Unrestricted funds General £ 26,451 26,451 |
2021 Total £ 437 9,864 10,301 2021 Total £ 248,305 248,305 2021 Total £ 1,058 1,058 2021 Total £ 26,451 26,451 |
Total 2020 £ - 26,603 |
|---|---|---|---|
| 26,603 | |||
| Total 2020 £ 231 |
|||
| 231 | |||
| Total 2020 £ 1,151 |
|||
| 1,151 | |||
| Total 2020 £ 18,132 |
|||
| 18,132 |
Page 18
Frome and District Agricultural Society Limited
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
| Raising funds Cash prizes, awards and trophies Section expenses Event catering Printing and stationery Advertising Fitting up ground Hire of plant and machinery Postage and telephone Subscriptions Entertainment and attractions Security and first aid Insurance Administrative wages Rates and water Light and heat Repairs and maintenance Computer consumables Donations Hire of office equipment Sundry expenses Late filing penalties Credit card and bank charges Depreciation of freehold buildings Depreciation on furniture and equipment Charitable activities Consultancy fees Independent examiner's fee |
2021 Total £ 3,817 8,835 9,591 5,321 7,552 25,433 47,313 3,797 61 17,310 25,843 6,147 54,369 542 1,239 10,160 4,830 170 4,777 647 2,871 5,038 6,436 765 (252,864) 2021 Total £ - 2,495 (2,495) |
Total 2020 £ - 497 - 2,718 161 - - 1,993 501 - - 4,158 42,745 781 1,356 6,213 2,420 300 3,493 472 - 18 6,436 1,019 |
|---|---|---|
| (75,281) | ||
| Total 2020 £ 2,574 1,980 |
||
| (4,554) |
Page 19