Frome an(1 Dlstrfct A8ricultural 5aclety Llmlted
Charity No. 1138613
Compony No, 07344699
Tru5tees' Report and Unaudlted Accounts
31 December 2024

Frome and Dlstrict Agrlcullural 5oclety Limlted
ontents
Pagcs
2to3
Trustees, Annual Report
lTrdependent Examlner's Report
Statement of Flnancial Actlvltle5
Summary Income and F.xpeDdlture Account
Balanc¢ Sheet
Statemeit of Cash flows
Notes to the Accounts
9t016
Detailed statement of Flna ncial Actlvities
17tolB
Pagè I

Frome and Dlstrlct Agrlcultural SoclEty Llmited
Trustees Annu41 Rèport
The trustees, who are also dlrectors of the rharlty for the purpose5 of the Companles Act 2￿6,
present their report wlth the unaudited flnaiiclal statements of the charlty for the year ended 31
December 2024.
REFERENCE AND ADMINISTRAIIVE DETAILS
Company No, 07344699
Chjrfty No. 1138613
Prlnclpal Office
West Woudlands Show Ground
Bunns Lane
West Woodlands
Frome
BAII SES
FleEiSt8red Offlce
West Woodlands show Ground
Bunns Lane
West WoDdland5
FrDme
BAII SES
Dlrectors and Trustees
The Dlrectors of the charltable comppny a￿ Its Trustees for the purp05e5 of charlty law.
The following Directors and Trustees served durlng the Year:
R.W, Ainev
M.1(. Brako
P.J. Cary
R.P. Cary
J,R. Dowllng
S.F. Fear
A.E. Flower
T. Haygreen
S.C. Head
M.A. Hlnton
J.S, Padfield
K.11,G. Penny
J.A. Salmon
S.H, Welch
B.C. Wilson
(Reslgned 17 April 20241
IRe5i8ned 17 Aprll 20241
IRvslgned 17 Aprll 20241
KeyMana8emant Personnel
Chalr
Atcountants
Ms K. H. G. P2nny
Page 2

Frome and Dlstrlct Agrlcultural Soclety Limlted
Trustees Annual Report
R. E. Froud & Assodates Ltd
61 Robins Lane
Frome
Somerset
BAII 3ET
Bankeys
HSBC
46 Fore Street
Yrowbrid8e
WSltshlre
BA14 8EL
oBJE￿IVEs AND ACTIVITIES
The purpose of the charity a5 set oirt In its Eoveming document are to promote the general advancement of
agriculture, forestry and horticulturo through provldi)g exhibtiDns, te£hnical educatlon, sdentlflc
Investlgatlons and Dther such means.
The maln activities undertal<en In relatlory to those purp05e5 are a one day show where the ¥erieral publlc
have an opportunity to see a wide range of farm anlrnals and varlety of cheeses produced throughout the
world, Thls provldes education and training In all a.4pects of farmln& cultlvatlon and management of land and
a11Sed trades.
An annuul. agrlcuirural show Is held at whlch farmers and cheese producers exhlblt the best of thelr work to
show the publlc. Man¥ of th¢ exhlbits demonstratè how thelr product or1Svestock Is produced.
The trustees confirm that they have CDrnplled wlth the requlrernents of sectlon 17 of the Charltles Act 2011
to have due regard to the publlc benefit gu1dance publlshed by the Charlty Commlsslon for England and
Wales,
The Iru5tees arè responslble for keeping proper accountin8 recurds that dlsclose wlth reasonable accuracy at
any tSme the financlal posltlon of the chirlty ar.d to enable them to ensuro that tho financial statcmcnts
compty wlth the CompaDles Act 2006. The Trustee5 are also respon51ble fur. safeguardlng the 35sets of the
charlty and hence taking reasonable step5 for tPie prevehtlon ahd detectlon of fraud and other ',rreoularltles,
Tho above report has been prepared in aGLurddllLe wlth the provi5ion5 appllcable to companles subje¢t to
the small companies reglrne a5 Set out in Part 15 of the CDmpanles Act 2C(JS and in accorclance with the
Charitles SORP ¢FR.S 10?.).
Slgned on behalf of the board
K.H.G. Penny
Trustee
20 March 2025
Page 3

Frome and Di5trirt Agrlcultural Socl*ty Llmited
Independent Examiners Report
Independent Examlner's RepL)rt lo the trustees of Frome and Dlstrlct Agrlcultural SDclety Llmlt8d
I report to the charity trustees on my exa mination of the flnancial statement5 of Frome and Dlstrl
Agrlcultural S()tlety Llmlted for the year ended 31 December 2a24.
Re5pon5ibllltle5 and bas15 of report
As the charlty's trustees of th?. r.nmpany land also Its dlrectors for the purposes of coi)Ipany lawl you are
respon51blo for the prep2Tatlon of the flnanclal statements in accordance wlth th& requlrements of the
Companies Act 21Xi61'the 2006 Act.
Havlng satlsfled myself that the flnancial 5tHtp.mpnts of the C.harlty are not requlred to be 3udlted under Part
16 of the 2006 Act and are ell8lble for Indeper)dent Èxamlnatlon, I report In respect of my examinatlon of
Your char
ty'5 flnanclal slitement5 a5 C<irrled eut under Section 145 of the Charltles Act 20111'the 2011 Act,),
In carr¥lnB Qut my examlnation I havf followgd the Directlons glven by thÈ Chority Comm1551on under Section
14515) Ibl of Ihe 2011 Acl.
Independentexamlner's 5tatempnt
A5 the chaflty's Eross income exGe8déd £25D,000 your examlner must be a momber of a body Ilsied In
sertion 145 of the 20JI Act. I confirm that l am qualified to undertake the exarnlnatlon because l am a
member OF Chartered I nstltu¢e of Man38empnt Accountants, whlch Is one of the Ilsled bodies.
I have completed my emamlnatlon. I can conflrm that no materlal matters have come to my attentluri In
connectlon wSth the examlnatlon glvlng me cause to believe:
Bccauntln8 records were not kept In accordance w1th sectlon 385 of the 2006 Act ,' or
the tlnanclal statements do not accord with Ih05e records; or
the flnanclèl statements do not CDITiyly wilh the accountlng requlrements under sectlon 396 af the 200S
Act o+hoi than any requlrement thot the flnanclal statements 8lve a 'true and falr, vi@w which Is not a
m<iLI'er considered a5 part of an Independent examlnatlon, or
the flnancial statements have not been prepared In accordance wlth the methods and prlnclples of the
Statement of Recommended Practlce for accountlng ahd repor¢in8 by ¢haritles applicable to charltlE5
preparing thelr accounts In accordance wlth the Financlal Repc)rtln6 standard appllcable In the U K and
Republir of Irelond {FRS 102).
I havc no conre.rn5 and have come across no Other mattor5 in connectlon wllh the ex4mlnation to whlch
attentlon should bc drawn In thls report in order to enable a proper understandlng of the financlal
statements to be reached.
Natalle Froud ACMA CGMA
R. E. Froud & A550clates Ltd
61 Robins Lane
Frome
Somerset
BAII 3ET
20 March 2025
Page 4

Frome and Dlstrict Agrlcultural Society Limited
statement of Finandal Activltles
fot thé year ended 31 De¢ember 2024
Unrestricted
fund5 Total funds Total funds
2024
2024
2023
Notes
Income and endowments
from..
Donatlons and IÈEacie5
other tradin8 aclivltles
Inirestment"
Other
37,710
294,363
626
46,503
37,710
294,363
626
60,216
266,667
1,791
35,673
46,503
Total
379,202
379,202
364,347
Expendltur8 on:
Raising funds
Cha ritable acilvltles
Other
224.638
Z24,638
10,762
129,588
232,325
6,809
93,832
io
L29,588
Total
364,988
364,S88
332,966
Net galns on Investments
Net Income
li
14,214
31,381
Transfers between funds
Net Income before othèr
galhs/llosses)
14,214
14,214
31,381
0th8r galns and losses
Galns on revaluation of
fixed assets
158,694
158,694
Ngt movement In fund5
172,908
172,908
31,381
Reconclllallon of funds:
Total funds brought forward
1,541.833
1,541,833
1,510.452
Total funds carrled forward
1,714,741
1,714,741
1,541,833
PaEe 5

Frome and Dlstrlct Agrlcultuial Soci&ty Limited
Summary Income and Expendlture Account
for the year ended 31 December 2024
2024
2023
Income
378,576
362,556
Iriterest and ifivestment income
626
1,791
Gross In¢ome for the year
379.202
364,347
Expenditure
361,663
357,￿6
Depreclatlon and charges for
impalrment of flxed assets
3,325
124,y401
Total expendlture for the year
Net InLome bef¢re tax ft)r the year
364,988
332,966
14,214
31,381
Net Incomè for the year
14,214
31,381
Page 6

FrDme and District Agrlcultural Soclety Llmited
dalance Sheet
at 31 DEceMber 2024
Campany No. lJ7344699
Notes
2024
2023
Flxed assets
Tangible assets
14 1,672,558
.672,558
1,512,292
1,512,292
Current assets
Debtors
Cash at bank and In hand
15
13,296
37,949
51,245
19,0621
42,183
10,059
32,297
42,356
(12,815)
29,541
Credltors,. Amount falllng due withln one yeai
Net current ass@t5
16
Total assets less current IlabllitSes
1.,714,741
1,541,833
1,541,833
Net assets exduding pensSon p55et or Il£blllty
1,714,741
Total net assets
1,714,741
1,541.833
The funds of the Charltv
RBstrfcted funds
Unre5trlctsd funds
General funds
18
IB
996,894
982,680
996,894
982,680
Reserves
Revaluatlon rese rve
18
717,847
717,1141
559,153
559,153
Total tunds
1,714,741
1,541,833
Thesp accoui)t5 have been prepared In accordance with the special provlslons of Part 15 0! the Companies
Act 2006 rL.lotlng to small companles.
For the year ended 31 December 2024 the compa ny was entitled to exemptlon under 5ertlon 477 of the
CDTnpanles Att 2006 relatlng to small cornpanlos.
The membei's have not required the company to obtaln an audlt In aicDrdance with 5ectlDn 476 of the
Companie5 Att 2006.
The dlrector5 acknowled%e thelr responsibilitie5 for complyinB wlth the requlrements of the Companies Act
2W16 wlth respect to accountliig records and the preparatiun ol accounts.
AppfDved by the board on 20 Marrh 2025
And 51gned on it5 behalf by..
K,H,G, Penny
I rustee
20 March 2025
Page 7

Fyome and Dlstrlct Agricultural 5ocSety Llmlted
statement of Cash flows
for the year ended 31 December 2024
2024
2023
Cash flows from operating actlvltles
Net Income per Statement of Flnancial Actlvltles
172,908
590,534
Adjustmèttts for:
Depreclatlon of propertyj plant and equlpmont
Dlvldend5, Interest and rents from Ihvestmeiits
Other gains/losses
Ilncreasel/Decrea5e in tr2de and other receivables
(DeLf￿(iSeIllllCred&e Sn trade and gther payables
3,325
147,1291
1158.6941
13,2371
13,7531
124.9401
(3 1,4641
6,665
1,733
Net cash (used Inllprovlded by operatlng activities
136,5801
536,528
Cèsh flows from investlnE llctlvltles
Payments for prcperty, plant and eqJlpment
Dividends, Interest and rents from invEstments
{4,8971
47,129
(185,6841
37,464
Net cash froml(used Inl Inve5tini artlvltles
42,232
1148,2201
Net cash f rom flnancln8 activities
Net Increase In Cash and cash egulvalBnt$
5,652
388,308
Cash and cash equlvalents at tho beglnning of the year
31,297
203,14?.
Cash and cash equlvalents Ht the end of the ye8r
37,94S
591,450
Components of cash and cash equlvalents
Cash and bank balances
37,949
32,297
37,949
32.297
Fa£e 8

Frome and District Agrlcultural Soclely Llmited
Notes to the Accounts
for the year ended 31 Decembey 2024
l Accountln8 pollcles
Ba51s of preparatio
The financial 5taterrients have been prepared In accordance with AccDuntlng and Reporting by Charitie5',
Statement of Recommended Practice applicable to char,tie5 prepaHfig thelr atcounts In accordance wlth
the. Financial Reporting Standard applicable In the Ul< and Republic of Ireland (FRS IG21 leffectlve I
January 20151- (Charities SORP IFRS 10211, the Flnancial Reporting Standard appllcable I￿ the UK Lind
Republic of Ireland IFRS 102) and thÈ Companles Act 2006,
Change in bas15 of accountlng or to previous accounts
There has been no chan8e tD thÈ accounting poliaes Ivalu3tlon ru les and method vf accountlng) slnce
last year and no change5 have been made to accounts for provious yeavs.
Fund accountln
Unrestrlcted funds These are avallable for use at the d15cretlon of the ttrustees In furtherance of the
general objects of the charltv,
These are unrestrlcted fund5 earmarl(ed by the tru5tee5 for particula r purposes.
These are unrestrlcted funds whlch Include a revaluation reserve representlnB the
restatement of Investmont assets at th8lr rnarket value5,
These ar8 avallablé for use subjECt to restrlctluns Ilyiposed by the donor or through
terms of an appeal.
Deslgnated funds
Rev81uation fund5
Restrlcted funds
Income
Recognltlon of
ncome
Income 15 Included In the Statement of Financial Actlvltles ISOFAI when thè charlty
becomes entitled to, and virtually certaln to recelve, the Income and the amount of
the income can be measured wlth suff Icient rellablllty.
I iCOTne with related Where Income ha5 relatÈd exp8ndlturè th2 Income and related expendlture Is
expenditure
reported Bross in the SOFA,
Donatlons and
legaLIEs
Voluntary Income recoivfid by way of grants, donatlon5 and gifts 1$ Included in the
the SOFA when r¢celvable and L>nly wher, the Charlty has uncondltlonal
entltlement tro the income,
Tax reclalms on
Income frDm tax reclaims is included In the SOFA at the same tlme as tho
donatlons and glfts glft/danatlon to which it -, elate5.
Donated seivices
These are only Included i n income Iwlth an equlvalent amou nt in Èxpendlturp)
and facilities
where the beneflt to the Cha iitv 15 reasonably quantiflable, measurable and
materlal.
Voluiteer help
The value of any volunteer help received Is not InclL¢ded In the a£counts.
Inve5tinent income This is Included In the account5 when re￿1Vable.
Gain511105se51 on
Thls I neludes any gain or loss resultlng from revaluing Investments to marl<et value
revaluatlon of fixed at the end of the year.
assets
Gal ns/{lossesl cn
Inves',ment assets
Thls Includes any galn or loss on the s8le of investments.
Page 9

Frome and Dlstrlct AEricultural Soclety Llmlted
Note5 to the Accounts
Expenditure
Recognitlon of
expenditure
Expendlturels recognlsed on an accrua15 bas15. Expenditure includes any VAT which
cannot be fully recovered, and Is feported as part of the expendlture to whlch It
relates.
gxpenditure on
These comprise the cp5t5 Q550Cllted wlth attracting voluntary incorne, fundraising
ralslng funds
trading costs and Investment management costs.
Expendlture on
These compr15e the ¢OSts Incurred by the Charlty In the dellvery of its actlvlties and
charitable actlvltles servlces In the furtheranc& of its objects, IricludinE the making of grant5 and
80vernaliL￿ Costs.
All erant exppnditure is accounted for on an atrLual pald basls plus an accrual for
grants that have been approved by the tru5tee5 at the end of the. year but not yet
paid.
Ihe5e Include those costs assoclated wlth meellng the con5titutioiial and statutory
requirement5 of the Charity, Includlng any audltllndependent examlnat an fees,
osls Ilnl<ed to the strateglc management of the knhari.y, together with a share of
other admln15tration c05t5.
Those are support Costs not allocated to a partlcular activity.
Grants payable
GoVernan¢e costs
Other expendltu",
Taxatlon
The charity is exempt from corporation tax on Its charltable activitles.
Tanglble flxed as$ots and depreclatlon
Depreclatlon Is provlded pt the folluwln8 annual rates in order tu wrlte off each asset over Its estlmated
Useful Ilfe:
Fixtures, Flttlngs & Computp.r
equlpmcnt
25% reduclng balance
Trade and other debtors
Trade and other debtor5 are recognlsed Et the settlement amount due afte", any trade di5CDLIMt offered.
Prepayments are valued at the amount prepald net of Bny trade dlstounts due,
Cash and cash equivalents
Cash and cash equlvalents coThpris* cash at ban1< and on hand, demand deposlts wlth banks and other
5trsort-term hlghSy liquid Investments wlth origlThal maturities of three months or less and bank OVLJrdrafts.
In the 5tatpment of financial posltlon, bank overdrafts arp shuwn wlihln borrowlngs or current Ilabilitles.
In the Statement of Cash Flows, cash and cash equivalents artt shown net of ban1( overdrafts that are
repayable demand and lorm an Integral part ofthe company's cash management.
Trade and othor creilitor5
Short tenn creditors are measured at the transactloii prlce, Other credltors and provislons are recugnlsed
wherè the charlty has a present obligatlon re5ultlng f rom a past event that wll I probably result in the
tran5fcr of funds to a thlrd party and the amount due to settle the obllEatlon can be measured or
estlmated Teliably. Credltors and prDVi51ons are normally recogni5od at thelr settlement amount after
allowlng for any trade discounts due,
Page 10

Frome and Dlstrlct Agrlcultural Soclety Llmlted
Notes to the Accounts
Pension costs
The charlty operates a defiiied contribution plan for Its employees. A defined contributlon plan Is a
pension plan under which the company pay5 fixod contrlbutions into a 5¢parate ehtlty. Once the
cnntrlbutlons iave b¢en pald the company has no further payments obllgatlDns. The eontributlons are
recognSsed a5 expenses when they fall due, Amounts not paid are shown In accruals in th@ balance sheet,
The asset& of thè plan arÈ held separately from the company In Independently administered funds,
Raceipt of donated goods, facllltles and servi¢es
All donated goods, facilitles a'nd services received are recognlsèd withln inconilng resources and
expendlture at an pstimate of the value to the charlty,
2 Company sLItus
The company Is a prlvate ccmpany limited by guarantee and consequèntly éoes not have share capital.
Each of thc tiustees is liable to contrlbute an amoun.t not eX￿edIng £10 towa rds the assets of the charlty
In the event of Ilquldatlon.
3 Statement of Flnanclal Activltles- prlor year
Unre5trlcted
funds Total funds
2023
2023
Income and endowments from;
Donatlons and légaclas
Other tradlng actlvltles
Investments
Other
60,216
266,667
1,791
35,673
60,216
266,667
1,791
35,673
Total
364,347
364,3117
Expendlture on:
Ratslng fund5
.harltable actlvltles
?,3?,,42.5
6,809
93,832
232,325
6,809
93,832
Othet
Total
332.966
332,966
Net Income
3J,3BI
31,381
Nel In¢ome beloro other
Ealnsl(losse51
Oth@r galns and losses:
Galns on revaluation of flxed assets
31,381
31,381
559,153
559.153
Net movement In funds
590,534
590,534
Reconclll3tlon ol funds..
Total funds brought forward
Total funds carrled lorward
951,299
951,299
1,541,833
1,541,833
Page 11

Frome and Distrlct Agrlculturnl Soclety Llmlted
Notes tD the Accounts
4 Income from donations and legacle5
UnrEstrlcted
Tot?1
Total
2024
2023
Appeals and dunatlons
37,710
37,71U
37,710
37,710
60,216
60,216
5 Income from other tradln8 actlvltles
Unrestrlcted
Total
Total
2023
2024
Show Income
294,363
294,363
294,363
294,363
26E*,667
266,667
6 Income from Investments
Unrestrlcled
Tot31
Total
2024
2023
Investment Income
626
626
1,791
1.791
626
626
7 Other Incom•
Unre$trlcted
Total
Totsl
2024
2023
Rental income
44,602
1,901
46,503
44,G02
1,901
46,503
35.673
Other Income
8 Expendlture on r&lslng funds
LlnrEstrlcted
Total
Total
2024
2023
Costs nf generotlng voluntary
Income
Appeals and donatlons
Fundi'alsing trading costs
Shovi Income
725
224,15
224,638
224,158
224,638
2al,600
232,325
Page 12

Frcme and Dlstrltt Agricultural Society Limlted
Notes to the Accounts
9 Expendlture on chailtable activitles
Unrestricted
Total
Total
2023
2024
Governonce costs
LeBil £iid profes5ional.fees
Yank interest paid
Independeiit examlner fees
7,163
2,513
1,()86
10,762
7,163
2,513
1,086
10,762
3,637
3,172
6,809
10 Other expendlture
Unresrrlcted
Total
2024
Total
2023
Employee costs
Premlses costs
Amort15atlon, depreclBtIon.
Impairment, profitlloss on
dlsposal of flxed assets
Gener31 admlnlstrBtlve costs
59,628
34,549
59,528
34,549
56,708
29,995
3,325
3,325
{24,9401
32,086
129,588
32,086
129.588
32,069
93,832
11 Net Inwme before transfers
2024
2023
Thls Is stated after char8lng',
Depreciatiuii of owned fixed assets
Depreciation of assets held under fin,ance
lease5 and hire purchase contracts
Independent Examlner'5 fee
12 Trustee remuneratlon and gxpen5es
3,32i
124,9401
I,D86
3,112
One or more of the trustee5 has been paid expense5 the curront or prlor ppriods.
2024
Number
2023
Number
Number of trustees pald expenses
The nature of the relmbur5ed expen5e5
For repalrs to show field before evetrit
Total expenses relmbur5ed to tfLlStees
6,000
Page 13

Frome and Dlstrict A8ricultuttl Socloty Llmlted
Note5 to the Afcounts
13 Staff cost5
2024
56,5D9
ZU23
58,427
612
{2.3311
56,708
Salarle5 ai)d wage5
SocSal setrJrity Costs
PeI5iOII Costs
1,744
58,253
No employee recelved emoluments in excess of £6Q,000.
The aver3ge monthly nuinber of f ull tirne equivalent employeos during the year was as foll¢w5:
ZOZ4
Number
2023
Number
Offl¢e
Nest penslon
14 Tanaible flxed assets
FreÈhold
Fixtures,
Land &
FlttinBS &
Bulldlngs
Computor
Bnd
equlpment Improvemen
Land and
Total
bulldlngs
Cost or rovaluatlon
At l Jaiiuai'y 2024
Addltlons
Rovaluation
At 31 December 2024
Depreclatlon and
Impalrment
At l January 2024
Depreclatlon charge for the
yoar
AL 31 Decenber 2024
Net book values
1,500,261
3,622
158,694
1,662,583
55,007
1,275
1,555,274
4,897
158,694
1,718,865
56,282
42,982
42.,982
3,325
3,325
46,307
46,307
At 31 December 2024
At 31 December 2023
15 Dobtors
1,662,583
1,500,267
9,975
12,Q25
1.672,558
1,512,292
2024
2023
Trade debtors
VAT recoverable
Prepayments and accrued Income
8,811
1,800
2,919
5,340
10,059
4.485
13,296
Page 14

Frome and Dlstrlct Agricultutal Soclety Llmlted
Notes to the Ac£ountS
16 Credltors:
emovnts lalllng due wlthln one year
2024
2023
Trode creditors
Other taxes and soclal secu rlty
Other credltors
Accruals
Deferred 5nc.ome
7,462
84
1611
I,S77
5,434
3,489
304
1,648
1,940
12,815
17 Deferred Income
Movcment of the deferred In£omÈ shown In Credltor5,' amountsfalling due wlthin one year
2024
2023
At l January
Releèsod In curr@nt year
Deferred In current year
At 31 r)ec.ember
18 Movement In funds
1,940
(1,940)
1,940
1,940
Incomin8
resour¢os
Ilncluding
other
At l Januar¥ galnsllosses
2024
At31
Decernbor
2024
Resour¢e8
exponded
Re5trlcted funds:
Unrestrlrted funds:
General fund5
982,680
379,202
1364,9881
996,894
Revaluation Reservos,.
Ravaluatlon fund
55a 153
158,694
717,847
Totol revaluurfon reserwes
559,153
158,694
717,847
Total funds
1,541,833
531,896
1364,988) 1,714,741
Purposes and rÈstrlctlons In relatlon to ihe funds:
Revaluatlon reserves
Represent the amount by whlch investments exceed thelr hlstorlcal cost.
19 Analysls of net Bssets between fund5
Unre5trlcted
funds
7otal
Ixed assets
Net Lurr'ent assets
1,672,558
42,183
1,714,741
1,672,558
42,183
1.714,741
Page 15

Frome and D15trlct Agrlcultural Soclety Limited
Notes to the Accounts
20 Roconciliation of net debt
At31
At ljanuary
2024
December
2024
Cash flows
Cash and cash equivalents
32,297
32,297
5,652
5,652
37,949
37,949
Net dèbt
32,297
5,652
37,949
21 Commltments
Operotlny lease commltments
Annual commltment5 under non-iancellable operating leasc5 are as follo￿•S..
2024
Land and
bulldlngs
2024
2023
Land and
buildings.
2023
Other
Other
Operatlng leases wlth expSry date.,
Pen$lon commitments
W4est pen.£lon fund for auto enrolment commitments
2024
2023
'1 he penslon cost chargc to the company
r4mounted to.,
1,744
12,3311
22 Related party dlsclosures
Controlllng partv
The company Is Ilmlted by guar8 ntee and has no share capltal. thus no slngle party controls the company.
Page 16

Frome and Dlstrlct AErlcultuk71 Sodety Llrnlted
Detailed Statement of Flnanclal Actlyltles
for the year ended 31 December 2024
Unrestrlcted
funds Total funds Total funds
2024
2024
2023
Income and pndowments from:
Donatlons and legacles
Appeals and donations
37,710
37,710
37,710
37,710
.60,216
60,216
OLher tradin8 Bctivlties
Showinctsme
?.94,36
294,363
294,363
294,365
266,667
66,667
Investments
Investment Income
626
626
1,791
1,791
626
626
Other
Rental Incorne
other Income
44,602
1,901
46,503
44,602
1,901
46,503
35,673
J5,613
Total Income and endowmènts
379,202
379,2Q2
364,347
Expendlture on:
Costs of Beneratlng donations and
188acles
Appeals dnd donations
480
480
725
180
480
725
Cost5 of other tradlng activities
Show income
224,158
224,158
224.158
2?4,158
231,600
231,600
Total of expendlture oh rèlsing
funds
224,638
224,638
232,325
Governance costi
Legal and professlonal fe&5
Bank interest pald
Indopendent examlner fees
7.163
2,513
I,D86
10,762
7,163
2,513
I,U86
10,762
3,637
3,172
6,809
Total of èxpendlture on charitable
actlvities
10,762
10,762
6.809
Em?IDyee costs
Salaries/waRes
Employer's N IC
Pension costs
Staff entertalnment
Staff tralnln8
56,509
56,509
58,427
612
1,744
1,744
908
(2,3311
467
467
56,708
Page 17

Frome and Dlstrlct Agri¢ultural Society Llmitèd
Detailed Statement of Financlal Activities
Prom ises costs
Rates
Llsht, heat and power
Premises repairs and
maintonance
2,141
5,693
2,141
5,693
2,908
5,946
26,715
26,715
21,141
34,549
34,549
29,995
General adminlstrative costs,
Includlng depreclatlon and
amort15ation
DepreclatioTh nf land and
bulldSngs
Depreclatlon of Flxtu res, Fittlngs
& ComputQT equipment
Depreclation of Freehold Land &
Bulldlngs and Improvoments
Bank charges
Equlpment p.xpensed
Equlpment leaslng and hlre
charE85
General insurances
Postage and couriers
Software, IT suppart and related
sts
128,9461
3.325
3,325
4,006
3,344
3,344
3,552
,386
6,057
6,057
4,418
7,404
1,390
7,404
1,390
2,991
3,067
5,392
5,392
7.17G
Statlonery and println
SubscrSptlons
Sundry expenses
Telephone, fax and broadband
6,013
6,013
4,385
222
793
1,693
793
1,693
35,411
129,588
364.988
2,950
1,922
7,129
93,832
332,966
Total of exp&nd5ture Df other costs
Total expendltur•
Net Eains on Investments
129,588
364,988
N&t Income
14,214
14,214
31,381
Net Income belorE Othar
galnsl(losses}
Othèr re¢oRnlsod Bains and1055OS
Galns on revaluatlon of llx¢d
a55Pts
Other Galns
14,214
14,214
31,381
158,694
158,694
Net movement i n funds
172,908
17?,908
31,381
Recon¢lllatlon of funds..
Total funds brou8ht lorward
1,541,833
1,541,833
1,510,4Jf2
Total funds rHrried forward
I,714,741
1,714,741
1,541,833
Page 18