THE LONGHORN CAThLE SOCIETY TRUSTEES REPORT AND FINANCIAL STATEIIENTS FOR THE YEAR ENDED 31 AUGUST 202S Chwrlty No: 1159780 THE LONGHORN CAThLE SOCIErY INDEX TO THE FINANCLAL STATEMENTS For the year ended 31 August 2025 Page Tnjstees Report Finar￿ra1 RepKJrt IndepeThYenl Examinerfs ReFX)rt ststement ol Acbvrbes B￿ance Sheet Notes lo ￿ FinaThial Slalernerts 8-12 THE LONGFMJRN CATTLE SOCIErY TRUSTEES REPORT FOT the year ended 31 August 2025 The Trustees preserrt their rewt together wrth the finarKJal statements for the yeaT ended 31 August 2025. The Trustees have a(knpled pio¥isions of Its Slalement of Recommeryjed Piactice ISORPI "AccountsThJ and Reporbng ty charrt￿8. In prepanng ihe B￿r￿al rep(xt and finawal statements of the Charity. The finarrial stslements have been twepared in ￿or(lat￿e ¥Ath ￿ am)unlJrYJ polic*s set out in the rKJles to the accounts and compty wth the Chaity's governing *j0￿Ment, the Chantses Act 2011 and Accountiro and Reporting by Charrties Statement ol RecoMMe￿Ie￿ Pra￿1￿ applicablè to charities preparing their accounts In aCCAydance w¢h the Finarval Reporb"ng Standard appluble in the UK and Republic of Ir8latKI p(sblishèd in O¢iob81 2019. Reffernn￿ and Admlnl$tratk>n Inlofmatio Charty name.. The LO[￿￿n Callle Scciety Charty re￿Strat￿?ft number". 1159780 East Lc#Yge Stond•gh Park KeniNvorth CV8 2LH Coun¢ll Mombér•lTrubtw• B Facon B M Llewellyn T Mills D Phillips C Roads 8 Stanley P Stanley E Sutton G Walker T Woollatt Appointed 05. 10.2024 Res¢gned 05. 10.2024 S•cr•tary D Dann Bonk*rs HSBC Bank plc 126 The Parade Leamington Spa Warwickshire CV32 4￿1 Independent ExamlneY• DaffÈrns Audrt Limrted One EaS￿oOd Harry Weston Road Binley Business Park Coventry CV3 2UB THE LONG￿RN CATTLE SOCIETY TRUSTEES REPORT (continued For the year ended 31 August 2025 Actlvltles ar￿ charltabte objects The obiecDves for which the Socety is establtsw are to encourage. promote and irnPTOV8tht brèèding of Longhorn cattk and lo maintain their purty To maintain a Herdbook of Longhom cattle In fijrtherance lo the above ¢)biecis but nol fvrther or otheNnse the SCW shall have the folknwrvJ ptrwers". To promote shThvs an(Vor sa￿$ of LonglK)m Calu To do all IhiThJs ne(£ssary for the attanment ol the at4)ve objeLts. Thtr Soc4ety ¢Jepends on Ihe su￿￿rt ol rts member8 for rt8 conbwing succes8. Publlc b8n8flt The Council corksider they have (x)mFI￿a Ihwr duty to have due regard to the guidance on public benefit. as published by the Charty CcMnmI￿I0n. in expJci$irrfJ their powers and duties. A¢hl¢¥•m•nts •nd perfornun H¢rdbogk actr￿ty lor thè ffin8ncial y*ar w8$ 1.233 fèmales registerad, 1,047 animals birth rKJty'fied. 88 males registered, 42 registered births and 1 236 lrnrvsfers Exdththng deaths. 8 totsl of 3.624 i￿1vidual transacts'ons took F4ace n order to maintain an acturate registy The Society held a herd wsrt to the Stoke her(J at Natural Er¥Jland's Parsonage Dovm stte. This wsil ena￿e￿ membefs to leam at¢Jut the h¢story ol ￿ herd and aL80 leam 8t*)ut grazing techniques and gr85s sward rnanagemenl. The National Show i(>Jk pl￿ at th• Grtral Yorkshire Show aThJ enab￿d members to showcase their h8r¢Js and breedirrfj to a WM1e auth'ence. Members also took catue to over 30 shows acyoss the country. again to prom￿¢ br¢el to t￿h If* tsming r￿n￿raM11rg COMMUnrt￿ In their area. The Socjety had a promotional stsnd at the Groundswell Event for the first brne, promoting ts breod to a large nurnber ol farrners. Indu5ty ￿derS and Influenc*ts A numLw ol pogbve loads werè established by our oxpo$urg at the event. and new m*nbtrs ￿r• 9aintd. An online timed a￿th0n was l*kl, enabliThJ memters to markelthÈire8lUÈ ¥Att￿ut1hem having lo leave Ihe farm and ￿m￿ornI•￿ heallh and ts'osevyty ¥l¥lu$. Th8 Society's soa81 media ￿￿eSen￿ Iwe8sed in Ihe18st yew wrth lolkwRrs being gained 8¢ro$s all the ￿atforM5 the Socw has xcryjnts wrth. The annual 'The Long￿)M. magazine ¢onkn"nued to ￿￿e high prcKluction values and was the s￿￿ty,3 main print marketing tcol. Members also m* use of the Soaety'5 marketing 8nd branding material al sh￿￿S and events. The Sodety continued wth the type ctsssificatron stheme wilh exisknng herds and new herds partyUP8lINJ. This Independent assessmenl stheme assJ$i8 members wrth selethon ol caNe and herd irnyovement hdps lulfil Ihè Set*ty's 0￿￿ation for br88d improvement. Th6 Society continued to DNA lest and parent verify selecled ferDale5 3rKJ all ixjlls submitted for registration in order to rna1nta￿ purty of the LxeeLI and lo compty wtth Ihe Zoolechnical R&Jul8tions 2020. Flnanclal revlew The so¢￿ty'S￿rIa￿ show a dellc¥t on orthnary a[￿￿ of£6.￿7 in the year e￿Ie￿ 31 A￿U￿t 2025 12024 £12,098 defi¢)tl. 1jnrestr￿1ed camed frmward at 31 AwJust 2025 totsl tIC6, 130 121Y24 £113.11n. THE LONGHORN CAThLE SOCIErY TRUSTEES REPORT Icontlnuedl For the year ended 31 August 2025 Re8eryes poll¢y The Council has examined the Sctievs requirements for ￿SerVeS in the I￿ht of the main risks to the organisation. The Society aims to hokl f nanod reserves that cover one year's ￿Idgeted expendrtuie. The S(￿￿ety has budgeted to SFend £86.424 in the yèar to 31 August 202612025". £90.8001. At 31 August 2025 Souety held reserves wnounts.ng lo tI(￿.13012024 £113.117) Stfucture, governance and management Govemlng document Society Is governed ty rts const1j￿. The &x• wa6 WL*ecl a5 a CW S J8rKJary 2015 (No 11597801. Roerullmtnt and appolnbmnt ol c0￿CH The Longhorn Cattle Soaety is run by the Sou"ety Counal. AJI Counc41 mèmbeTS are also Trustees ol lh• Socièty. Nominathorns are InMt•d lor e￿¢tion to Counal and both an online and a paper ballot are dlsiribuied pr￿ to the AGM to determine their electhn shoukj suffioent nominatKJns be received. Council members are elected by the membershp for a three year lenn 8nd then retire by rotation. After their I￿nd wnstCJJti￿ thr•• y•ar twm c￿￿1 membors cannot stand lor re-eleth.on for one year. The Council elect their own Chairman at the first meebng after the AGM. Council meelirYJs a lorm81 agend8 minlrtes are taken There 1$ an Annu￿ Gener81 Meeling lo wtti¢h all members are Invrte(l ThLs meeling i￿kndeS an adopbon of the x£ounts and the presentation ol the Chairman's ￿pOrt lor the year. The Council of the sO￿¢ty appoinl a se￿?￿ryrt￿3Ur￿ to QLrt th? daify admini$trath"on ol the Society and maintain the account ￿￿$. Rlsk revlew Th8 Truslees have revM%*dth8 may ri$kstovthththe Socaety Is expo8edto and ￿nfirrn thal SyBt•ms have been established to mitsgate thc6e nsks. Trust*e$ wxlu¢X strne meebngs aThJ discussions wa ￿line ¢xJnlerenang to reduct the need lo meet lace to face. Registratson and memtership income have been rewewed and rernain stable. Ongoing marketing and prornobon ol the breed focuses ￿ 0￿•ne and soc￿1 media plattorms tts support the expe4ure the breed has from 0tterKIa￿¢ 81 S￿+* and events. Approved by order of Ihe 8oard T1￿1ee8 on 10 Febru￿ 2026 and $b3r*d ty. Chair of Twst THE LONGHORN CAThLE socIErY FINANCIAL REPORT Forthe year ended 31 August 2025 rhe SocJety h*1 a year 01 maintained InrA)me bLrt Increased expendrtLWe. Herdb)ok activity lor the finanaal year was 1,233 females wistered 11,181 in 20241, 1,047 1893 in 20241 animals birth Tr)tified. 42151 In 20241 mdes birth register￿. e6166 In 20241 males registered and 1,236 11.000 in 20241 transfers. ExdudirrtJ death5, a lotsl of 3.624 13.158 in 20241 indThiMlual Iransthns took pla￿ In order to mainta*n an acCU￿e r89isty. As a mernbwship baseLI orwisation the Sc¢K?ty's matn fft¢))me strè¥ms remaiwj subscrtptions, re91*rat￿n$ and transfrtr8. Secretarial salary. s(rJal secLtrty and ¢xcJjpalior￿l perow expendrtvre were Ihe Soryety's largest sin91¥ OLrtgoJn9. The Longhorn CatNe Soaety is a Charity and the Trustee5 Oftt￿ Soaety are enliLL%ted with the role ol ensuring the monies held are well rnan3￿ and Ihal there 15 a prudent reserve and thèn ensure that lund8 are used to ¢arry th¢ prI￿1paI obJe¢tsv¢s ol the s￿ety It Ls Councd Folicy to ensure that the routsne running cnsts ol fv Soaety are sell-fiJTrJing and that the Society has reserves rough equiv8￿nI to a year's annual eXpend￿re. bn4jf D Dann Swety Treasurer and Breed S￿e Dated 10 FebrLtary 2￿8 INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF THE LONGHORN CA TfLE %)CIETY Independent Examlnerfs Report to the Trnstees ofThe Loryhorn Catue S¢xiety I report to the Charity Trustees on my examinatu% ofthe xcounts ofthe Chanty foi the year ended 31 August 2025 which are sel out on pages 6 to 12. R¢spon8lbllltle8 and ba818 of report As the Charity"s Tiustees you are respJnsiL4e foi the prepwats"C￿ of the accounts in xccffdance wrth th8 requirements ofthe Chath'es Act 2011 Ilhe ￿). I report respect of my ex8mination ol the Chanty's ac¢ounts carned OLrt under sectson 145 of the Act and In carryirrfJ out my examinth'on I have fdiowed all the applicat4e Direct￿nS ￿Ven by the Charty CommiSs￿)n under 8ection 14515llbl of the Aci Indepéndènt examlMrf* stat•m•nt I have completed my examination. l ojnfirm that no material matters hav? come to my •tt*nlion in connection with the exarninabon giving me cwse to bel*ve that in any material leSp￿t. accounlirrfJ reccffds were not kept in resF*d of the Charty as requir&J by seclk)n 130 01 ts Act." or the ￿l￿nIS not ac£ord th tlw tecxx(Js.' crf the accounts do not compty wrth the applicable reouirements conTrming the form and content of 8ccountS set out In the Charitjes lknunts and Rewrts) Re9ulabon5 2008 other than any requir&m8nt that th8 ￿untS gNe a 'ln* and f*r vw. vhich Is not a matter D)nsiderecJ as part ofan 1rn1ependent exarninatsc￿. I have no concems and have ¢tyne auoss no oth¢f matters in ¢onw¢bon with the examination lo which attentson should be drawn In this rep(x1 In order lo enable a w¢)per understanding ol the accountB to be reached. Geoffr•y Cox BA FCA Ilnslrtute ol Chartered Accountants in England and Wales) Dalferns Audrt Limtsd One E83fv4ood Harry Weston Road Coventry CV3 2U8 D8led l o &£ STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 August 2025 2025 2024 Unrestrlct8d funds Income from.. embors subscriptions Gift aid Donations Registration fees Transfer fees Al receipt5 Handbook and newsletter adverts Breed devek)pment Sale ol merchandise Interest receNed other income 21.569 1.761 45 38,631 5,974 1.176 1.590 4.145 133 3,191 75 22,74.. 1,61 38.50,. 9.251 31. 2.021 2,841 3,62 Total Income 81.071 Expenditure on.. Shows and demonstratic￿$ Breed development Cost of meebngs Prints'ng and ststionery Cost of tneichandise Al costs Subscriptions payable Secretary's sa13ry and stxial security costs Secretary's expenses Office expenses ebsite and other computer expenses Independent examinab.on Professional fegs Depie¢iats"on Stock write off Other Costs linduding bank chargesl 9,541 6,899 3,481 4.038 137 2,588 388 39,322 37 13,094 1,282 1,965 241 1,625 335 304 14,96. 2,91.. 8,75.. 17 1,951 57" 39,55 12.. 13,92., 821 2.03,. 22: 1,62,. 38,. otal expenditure 85.277 93,17. Net Income 112,098 THE LONG￿)RN CAThLE SOCIErY BALANCE SHEEf AS AT 31 AUGUST 2025 202S 2024 Flxed assets Tarigible assets Inveslments 697 1.651 2,322 1,651 3,973 Current a89•ts Stock Debtors Bank balances and 2.016 7,522 117.417 126,955 108,273 119,226 Credltors: amounts falllng dufr rfthin one year 15,444 17.811 N•t curr•nt a•••ts 103.782 109.144 Net a$8ets 1(6 130 113.117 R￿ar¥ General lund- Unr•stn"dad 10 106.130 113.117 The Inanaal stalements were apprcNed bytt* Board ofTnJ6tees on 10 February 2026 3rLJ wer• signed on its tsehall by". C Roads Chair of Tru6teeL- The Th)tes on pages 8 10 12 part of these finarKial statements. THE LONGF￿RN CAThLE socIErY NOTES TO THE FINANCIAL STATElIEI￿s For the year ended 31 August 2025 1. Accountlng policies The folltswTYJ acctyJntiThJ PLI￿e$ have been Us￿1 consts*nty In dealitYJ wth items which are cOn￿dered mater¢al in nature to the Charty's accounts. General Informatlon and basls ol preparntk)n The Longhorn Catue Sctiety Is a Charrtab￿ Incuporated organisabon ICIOI In England and wa￿5. The operational address Ls gNen In the Charty inforrnat￿ on page 1 of these finanaal ststements. The nature ol the Charity's OFeratK)nB and prirKtpal athvib¢5 are stated on page Th$ financial Si*ements of Ihe Charty. is a publr bonefli entty under FRS 102, have been prepared In accordance wth the Charibes SORP IFRS 1021 'Accounling and Reportiry by Charities Statement ol Recommended PrXtI￿ aFvluble to charthes wepanng thèir accounts In accordance wth the Finaroal ReporbThJ Standard aPFAic3ble In the UK and R&publi¢ ol Irdand IFRS 1021 published In Oaober 2019. Finawal Reporbng Standard 102 'The Finanual Reportjng Standard applicabk In Ihe UK and Republ￿ of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The financial statements have been Prepared lo gwe a true and fair. view and ha￿ d•parted from the Chanties lAC(￿nts 8TrY Reports) ReguL4tsons 2W8 only to the èKtenl required to provide a 'true aThJ lair view.. Th￿ deparbjre has Inva￿ed fdkThving the Accounts'ng and RewtirrfJ ty Chantses. Statement of Re¢(*nnW￿ed Prath￿ applicat4e to charrties preparing their accounts In accordance wth the Financral Reporting Standard appluble In the UK and Republicol IrelaTrJ IFRS 1021 Issued In October 2019 r8therthan the Acctsunling and Repothng by Charities Slatemenl ol Recomme￿le4 Prth from 1 Aprll 2ts)S vthich h88 Binc8 been wrthdrawn. Thè financial statèmÈnts aro preparsd on a g￿n9 concem basis undef the historical c03t convents'on. The financial stslem8nts are presented In Pound Sterfing 1£) which Is the fvnctional currercy ol Charity and are rourthd to the nearest E1. rhe signifi