Registered number 078433692
Hanbury Countryside Show Society Ltd
Report and Accounts
30 November 2021
Registered Charity Number 1160102 ( England)
Hanbury Countryside Show Society Ltd Report and accounts Contents
| Page | |
|---|---|
| Company information | 2 |
| Directors and Trustees report | 3 |
| Statement of directors' responsibilities | 4 |
| Examiners report to directors | 5 |
| Statement of Disclosure of Information to Independent Examiners | 6 |
| Directors and Trustee Report | 7/8 |
| Accountants' report to the Trustees and Directors | 9 |
| Statement of Financial Activities including Income and Expenditure | 10 |
| Profit and Loss | 11 |
| Balance Sheet | 12 |
| Cash flow statement | 13 |
| Notes to the financial statements | 14/16 |
| Notes to the financial statements - detailed Income and Expenditure | 17/18 |
Hanbury Countryside Show Society Ltd Company Information
Directors
R J Heath W J Wofford R Bennett A Steenton R J R Woodward
Resigned 5th October 2021
Independent Examiner
Jonathan Daly Lilac Cottage Forest Lane Hanbury Worcestershire B60 4HP
Bankers
Lloyds Bank The Cross Worcester WR1 3PY
Registered office
Lilac Cottage Forest Lane Hanbury Worcestershire B60 4HP
Registered number 07843392
2
Hanbury Countryside Show Society Ltd Registered number: 078433692 Directors' Report
The directors present their report and accounts for the year ended 30 November 2021.
Principal activities
The company's principal activity during the year continued to be the advancement of agriculture and allied rural industries for the benefit of the public, including the provision of an annual show.
Directors
The following persons served as directors during the year:
R J Heath W J Wofford A Steenton R Bennett Resigned 5th October 2021 R J R Woodward
Trustee / Director Trustee / Director Trustee / Director
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 20 August 2022 and signed on its behalf.
Annette Steenton Director
3
Hanbury Countryside Show Society Ltd Statement of Directors' Responsibilities
The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
● make judgements and estimates that are reasonable and prudent;
-
prepare the accounts on the going concern basis unless it is inappropriate to
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Internal Control and Risk Management
The Board reviews the effectiveness of all material internal controls ,including operational,financial and compliance controls and risk management systems.
The internal control systems are designed to meet the Show's particular needs and risk to which it is exposed, to manage those risks and to provide reasonable assurance against misstatement or loss.
4
Independent Examiners Report to the Trustees and the directors of Hanbury Countryside Show Society Ltd
I report on the accounts of the company for the year ended 30th November 2021 , which are set out on pages 10 to 18
Respective responsibilities of trustees and examiner:
The directors and trustees who are directors for the purposes of company law are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 ( the 2011 Act ) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination ,it is my responsibility to:
examine the accounts under section 145 of the 2011 Act
follows the procedures laid down in the general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and
state whether particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below:
Independent examiner's statement:
1 which gives me reasonable cause to believe that, in any material respect , the requirements: to keep accounting records in accordance with section 386 of the Companies Act 2006;and
have not been met or
-
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
-
3 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting 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.
Jonathan Daly Chartered Certified Accountants Lilac Cottage Forest Lane Hanbury Worcestershire B60 4HP
20th August 2022
5
Directors and Trustees Report for the year ended 30 November 2021
Statement of Disclosure of Information to Independent Examiners
We the directors of the company who held office at the date of approval of these Financial Statements as set out above each confirm so far as we are aware, that:
there is no relevant information of which the independent examiners are unaware , and we have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant information and to establish that the company's independent examiners are aware of that information.
Objectives and Activities:
The company's principal activity during the year continued to be the advancement of agriculture and allied rural industries for the benefit of the public including the provision of an annual show.
Achievements
The results for period are set out in the attached statement of financial activities. Profit from the events and show held have been added to reserves.
Financial review
In accordance with the charity policy on reserves the accumulated reserves are retained to meet any shortfall in future shows, and to fulfil expenditures committed prior to each show.
Following the treasurer's retirement the bookkeeping/accounting has been transferred to Ruth Bennett , now a former director ,who regularly reports to the directors.
Independent Examiner
The resolution that Jonathan Daly be re-appointed as independent examiners of the charity be put to the members at the Annual General Meeting.
By Order of the Board
A Steenton Director and Trustee
Date 20th August 2022
6
Hanbury Countryside Show Society Ltd Directors and Trustees Report for the year ended 30 November 2021
The Society has had a difficult and challenging year due to the Covid-19 pandemic regulations which necessitated the cancellation of the July annual show. Upon relaxation of the rules the board and volunteers prepared for a late summer show for the August Bank Holiday.
The Society is looking forward to continuing with its charitable objectives in future years, building on the successes achieved over the last nine years.
Fundraising
During the period the Society was unable to hold other fundraising events, however it is planned to hold small events to raise much needed funds to support the community and running costs for the charity.
Annual Show
The society held a late summer show on the last Bank Holiday of the summer and the end of pandemic restrictions attracted a capacity attendance.
Future Shows
For the July 2nd 2022 annual show the management has carried a comprehensive review of the organisation, of the show, including access and layout of the show to provide a better experience for our visitors, competitors and volunteers.
Support
The continued support received from Societies members, sponsors and supporters at this difficult time has been most encouraging. The Society has continued to receive support under the financial support Government backed Covid-19 scheme
Reserves
As a result of our decision to hold a late summer show, we have kept our capital costs and administrative costs to a minimum. We are continuing in accordance with the charity policy on reserves, the accumulated reserves are retained to meet any shortfall in future shows, and to fulfil expenditures committed prior to each show. At the balance sheet date, the charity remains in a sound financial position with cash at bank in excess of £120,000 (2020- £70,000)
Volunteers
The Hanbury Countryside Show depends upon the continued support and goodwill from the local community and our 300 plus loyal and dedicated supporters who assist with administration, organisation and participating in fund raising events and stewarding at our late summer and future annual shows.
Educational Bursary
In this difficult year the Society awarded an educational bursary and will be inviting applications for 2022 in keeping with our objective to advance education in connection with agriculture, horticulture, conservation, forestry and rural crafts and activities.
Charitable contributions
In fulfilling our objectives has continued to donate to local causes including the Lions Club
Risk Management
The Trustees have continued the risk appraisal reviews and continue to improve systems and procedures to manage them appropriately.
7
Plans for the Future
We are continuing with developing our infrastructure, so that there is a platform for the charity to maintain and support our charitable causes. The Charity will make every effort to run its annual agricultural show and continue the steady process of improvement to the show, the showground and its related competitions. The Trustees continue to look for ways, in which the Society can increase the benefit it brings to the public and our local community.
R J Heath Director and Trustee
8
Hanbury Countryside Show Society Ltd Independent Examiners Report to the Trustees and directors of Hanbury Countryside Show Society Ltd. for the year ended 30 November 2021
Accountants' report to the directors of Hanbury Countryside Show Society Limited
You consider that the company is exempt from an audit for the period ended 30 November 2021.You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit and loss for the financial period.
In accordance with your instructions , we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income and Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review and consequently we do not express any opinion on these accounts.
Jonathan Daly Chartered Certified Accountants
Lilac Cottage Forest Lane Hanbury Worcesteshire B60 4HP
20th August 2022
9
Hanbury Countryside Show Society Ltd Statement of Financial Activities Including Income and Expenditure for the year ended 30 November 2021
| Note Income Income from charitable activities Late Summer Show Annual show Fund raising events Income from other activities Donations Other operating income Interest Local Restrictions Support Grant (Wychavon) Total incoming resources 2 Expenditure Cost of raising funds Non charitable events Cost of charitable events Late Summer Show Annual show Show support expenses Fund raising events Administration Donations / Awards Total Expenditure Net Income Reconciliation of funds Total funds brought forward Fund balances as at 30 November 2021 7 |
Unrestricted Funds £ 102,153 - - 102,153 527 100 9 14,536 117,325 41,574 33,832 - 75,406 1,768 1,750 78,924 38,401 72,799 £111,200 |
Restricted Funds £ - - - - - - - |
Total 2021 Total 2020 £ £ 102,153 - 15,280 - - |
|---|---|---|---|
| 102,153 15,280 - - 527 - 100 - 9 28 14,536 2,000 |
|||
| 117,325 17,308 |
|||
| 41,574 - 19,081 33,832 - 1,020 |
|||
| 75,406 20,101 1,768 1,965 1,750 1,700 |
|||
| 78,924 23,766 |
|||
| 38,401 (6,458) 72,799 79,257 |
|||
| £111,200 £72,799 |
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006
10
Hanbury Countryside Show Society Ltd Income and expenditure for the year ended 30 November 2021
| Income from charitable activities Direct cost of show ground Gross Surplus/(loss) Show support expenses Administrative expenses Other operating income Operating surplus/(loss) Interest receivable Profit/(loss) before taxation 3 Tax on profit/(loss) Surplus/(loss) for the financial year |
2021 £ 102,153 (41,574) 60,579 (33,832) (3,518) 15,163 38,392 9 38,401 - 38,401 |
2020 £ 15,280 (20,101) |
|---|---|---|
| (4,821) - (3,665) 2,000 |
||
| (6,486) 28 |
||
| (6,458) - |
||
| (6,458) |
11
Hanbury Countryside Show Society Ltd Registered number: 078433692 Balance Sheet as at 30 November 2021
| Notes Fixed assets Tangible assets 4 Current assets Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Net assets Capital and reserves Profit and loss account |
2021 £ 726 635 123,258 123,893 (13,419) 110,474 111,200 111,200 111,200 |
2020 £ 323 4,870 70,466 75,336 (2,860) 72,476 72,799 72,799 72,799 |
2020 £ 323 4,870 70,466 75,336 (2,860) 72,476 72,799 72,799 72,799 |
|---|---|---|---|
| 72,799 | |||
| 72,799 | |||
| 72,799 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Richard J Heath Director Approved by the board on 20 August 2022
12
Hanbury Countryside Show Society Ltd Statement of Cash Flows for the year ended 30 November 2021
| Operating activities Profit/(loss) for the financial year Adjustments for: Interest receivable Depreciation Decrease/(increase) in debtors Interest received Cash generated by/(used in) operating activities Investing activities Payments to acquire tangible fixed assets Cash used in investing activities Financing activities Cash generated by financing activities Net cash generated/(used) Cash generated by/(used in) operating activities Cash used in investing activities Net cash generated/(used) Cash and cash equivalents at 1 December Cash and cash equivalents at 30 November Cash and cash equivalents comprise: Cash at bank Bank card facility Increase/(decrease) in creditors |
2021 £ 38,401 (9) 156 4,235 10,561 53,344 9 53,353 (559) (559) - 53,353 (559) 52,794 70,464 123,258 123,320 (62) 123,258 |
2020 £ (6,458) (28) 56 (3,196) (434) |
|---|---|---|
| (10,060) 28 |
||
| (10,032) | ||
| - | ||
| - | ||
| - | ||
| (10,032) - |
||
| (10,032) 80,496 |
||
| 70,464 | ||
| 70,466 (2) |
||
| 70,464 |
13
Hanbury Countryside Show Society Ltd Notes to the Accounts for the year ended 30 November 2021
1 Accounting policies
Accounting policies
The financial statements have been prepared under the historical cost convention. 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 Financial Reporting Standard applicable in the UK and Republic of Ireland ( FRS 102) - Charities SORP (FRS102) and the Companies Act 2006.
Going Concern
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Basis of preparation:
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Income
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount quantified with reasonable accuracy. Income is measured at the fair value of the All expenditures is accounted for on an accruals basis and classified to the related category; where not attributed then allocated on the basis of the activity consistent which resource use.
Depreciation:
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 20% straight line Fixtures, fittings, tools and equipment 20% straight line
Provisions
Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Income
| Income from charitable activities Other income - support grants Donations including gift aid Gift Aid Tax Rebate Other operating income - jump hire Interest receivable |
102,153 14,536 520 7 100 9 117,325 |
15,280 2,000 28 |
|---|---|---|
| 17,308 |
14
Hanbury Countryside Show Society Ltd Notes to the Accounts for the year ended 30 November 2021
3 Operating Profit :
This is after charging
Depreciation of owned assets 156 56
2 Tangible fixed assets
| 2 Tangible fixed assets |
|||
|---|---|---|---|
| Cost At 1 December 2020 Additions At 30 November 2021 Depreciation At 1 December 2020 Charge for the year At 30 November 2021 Net book value At 30 November 2021 At 30 November 2020 3 Debtors Other debtors 4 Creditors: amounts falling due within one year Trade creditors Other creditors |
Plant and machinery etc £ 10,071 - 10,071 9,897 30 9,927 144 174 |
Office Equiiment £ 952 559 1,511 803 126 929 582 149 2021 £ 635 2021 £ 11,379 2,040 13,419 |
Total £ 11,023 559 |
| 11,582 | |||
| 10,700 156 |
|||
| 10,856 | |||
| 726 | |||
| 323 | |||
| 2020 £ 4,870 |
|||
| 2020 £ 1,219 1,641 |
|||
| 2,860 |
5 Controlling party
| 7 Profit and Loss Account At 1st December Profit/( Loss ) for the financial year At 30th November |
2021 £ 72,799 38,401 111,200 |
2020 £ 79,257 (6,458) |
|---|---|---|
| 72,799 |
15
Hanbury Countryside Show Society Ltd Notes to the Accounts for the year ended 30 November 2021
8 Trustees remuneration and benefits
There were no trustee renumerations or other benefits for the year ended 30th November 2021 nor for 2020
Trustees / Directors expenses
Trustees / Directors expenses reimbursed for the year to 30 November 2021 was nil.
9 Staff Costs:
There were no paid employees / directors during the year ended 30 November 2021 nor for the year ended 30 November 2020
| ended 30 November 2020 | |||
|---|---|---|---|
| 2021 | 2020 | ||
| Number | Number | ||
| a | Average number of employees / Directors | 5 | 5 |
| Volunteers | |||
| b | Average number of volunteers | 300 | 450 |
10 Other information
Hanbury Countryside Show Society Limited is a private company limited by guarantee. The members of the company are the trustees named on page 3. In the event of the charity being wound up under the Memorandum and Articles of Association have to contribute a sum not exceeding £ 10 each.
16
Hanbury Countryside Show Society Ltd Detailed profit and loss account for the year ended 30 November 2021
This schedule does not form part of the statutory accounts
| Sales Income from charitable activities Costs of show Catering Ground works Marquee hire Medical facilities Rosettes Show Attractions Show expenses other Show support services Tickets Fund raising events Show Support Costs Advertising and PR Card Commission Fee Consultancy fees Equipment expensed Equipment hire Fund Raising Events Health and Safety Insurance Internet and WiFi Charges Judges Meetings Other fees Other Support Services Postage Prizes Show Manager Support Services Subscriptions Telephone and fax Tickets Web site expenses Sundry expenses Total expenditure |
2021 £ 102,153 58 5,874 2,021 5,033 1,739 4,486 10,057 12,306 - 41,574 4,316 1,506 7,457 410 2,500 4 3,695 1,078 1,579 567 235 27 615 249 3,227 656 - 242 3,190 2,279 - 33,832 75,406 |
2020 £ 15,280 |
|---|---|---|
| - 654 987 800 8,000 465 1,020 |
||
| 11,926 1,352 - 5,445 - 228 - - - - - - - - - - 535 304 - - 311 |
||
| 8,175 20,101 |
17
Hanbury Countryside Show Society Ltd Detailed profit and loss account for the year ended 30 November 2021
This schedule does not form part of the statutory accounts
| Administrative expenses General administrative expenses: Stationery and printing Subscriptions Bank charges Computer Software Depreciation Legal and professional costs: Accountancy fees Other legal and professional Administration total Donatons / Awards Charitable Donations Midlands Air Ambulance St. Richard's Hospice The Lions Club Bursary Award Other operating income Wychavon grant Donations received Gift Aid Tax Receipt Other operating income |
2021 £ 594 545 90 135 156 1,520 235 13 248 1,768 750 1,000 1,750 3,518 £ 14,536 520 7 100 15,163 £ |
2020 £ 95 - (94) 1,720 56 |
|---|---|---|
| 1,777 175 13 |
||
| 188 | ||
| 1,965 | ||
| 1,000 700 |
||
| 1,700 3,665 £ |
||
| 2,000 - - - |
||
| 2,000 £ |
18