2022-06-30-accounts - Radnor Federation Of Young Farmers Clubs

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Report to the Charity Commission for the Year ending 30th June 2022

Objectives and Activities

Radnor YFC seeks to meet the needs of rural young people through a variety of educational, training and social programmes that encourage community involvement and concern for our environment. 520 young people between the ages of 10 – 26 years have been involved in the federation during the past twelve months. The objectives of the charity are: - To advance the education and personal development of young members of the public at large in agriculture, rural life and affairs, international understanding home crafts, the environment and related subjects and; - In the interests of the social welfare of such members, to provide and promote the provision of facilities for recreation and other leisure time occupations, being facilities, which will improve their spiritual and mental capacities, health and well-being, raise awareness, self- reliance and individual responsibility so that they may develop as individuals into full citizens; - To promote its activities through the medium of Welsh and English and to ensure those activities enhance the members’ understanding and knowledge of Welsh Rural Life, Welsh Culture and the Welsh Language, along with providing an understanding of other cultures.

Radnor YFC would normally organise a full year of ‘live’ events for its membership supported by a loyal and hardworking team of volunteers, this all changed during the pandemic and Radnor YFC had to adapt to the extreme challenges that the Covid pandemic created with events moving online but finally in 2021-2022 YFC began to return to ‘normal’ and live events began again.

Reserves policy - The Radnor YFC Executive committee has an agreed a reserves policy.

Achievements

The achievements of the federation were outlined by our County Chairman, Matt Price.

What a couple of years it has been for the Federation. If we rewind a few years, just after the success of Radnor YFC’s first ever Virtual Rally where we held our County AGM online, via Zoom, back when Zoom was new and exciting and now, we are all sick of it! With John voted in as ViceChair and we were ready to hit the road and try our best to continue the great work and continue steer Radnor YFC through a global pandemic with no idea what that was going to look like. September 2021 and finally, Radnor YFC was beginning to take shape as we know it and was jam packed with ‘live’ competitions for our members and a discounted membership fee as we were keen to get up and running again! We held a very successful Stock Judging Day at Rhayader Livestock Market where Lauren Kinsey-Owen, Aberedw YFC winning the Junior Stockman of the Year Competition and Elizabeth Swancott, Teme Valley YFC won the Senior Stockman of the Year competition. A massive thank you and well done to Del, our Chief Officer for pulling Stock Judging Day together and manning the Office single handed while we were looking to appoint a new County Secretary. 24th September saw us host the County Quiz at Newbridge-On-Wye Community Centre where Rhosgoch YFC’s Thomas Lloyd, Daniel Price, Bethany Price and Richard Meredith took home the shield. A huge thank you to our Quizmaster for the evening, Mr Trevor Owens. And the

September successes kept on coming with Penybont YFC, absolutely SMASHING it, and winning the National YFC Cooking competition. September also saw Radnor YFC announce that the role of our County Secretary had been filled by Lauren Morris and we were excited to welcome Lauren to the team! October saw the return of Field Day, but with a slight change in 2021. We decided to hold our Field Day on a Saturday at Penmaenau, followed by a dance. The whole event was a huge success and we loved seeing the members let their hair down and enjoy a dance again. Thanks again to all of our stewards for giving their time to ensure the success of our event! Well done to Howey and

Radnor Valley YFC for sharing the shield as joint winners of Field Day 2021. November was fast approaching, and it was time to kickstart our Public Speaking Competitions again with the first of our two Public Speaking Weekends with Mollie, Tilly and Connie, Dolau YFC winning the Junior Reading Competition at the Wales YFC Building, while James Nixon was awarded Senior Member of the Year and Grace License came away as Junior Member of the Year. With a fortnight to recover, we were back to the Lion Royal Hotel, Rhayader for the Senior After Dinner Speaking where we were highly entertained by the quality of the speeches and the expert delivery of our older members.

Congratulations to Lucy, Ted and Jamie of Presteigne YFC for coming up trumps for the evening. The next day, we were back in the Wales YFC building competing in the Junior Public Speaking and the Intermediate Brainstrust. Congratulations to Dolau YFC for being placed first and huge thank you to our judge, Elin Havard for giving such supportive, positive feedback to encourage our junior members after such a break from competing face to face. As always, the Intermediate Brainstrust was entertaining and the talent on display was incredible, but the shield on the day went to Edw Valley YFC which put them in good stead to become the Overall Winners of the Public Speaking Competition for 2021. I am always so impressed by the standard of the speakers we have in Radnor and these last two years have been no exception! I am so excited to witness the development of some of our great young speakers and look forward to watching them compete in years to come! As if November wasn’t busy enough, we managed to squeeze in our Club Officer training which was well attended, and our members headed off to the Winter Fair. We had success within our stock judging teams with our carcass judging team, Will Nixon, Jack Nixon, Ieuan Stephens and Laura Bevan coming 1st overall. Well done to Will and Ieuan who were placed 2nd as individuals. We also had seconds from Lauren KinseyOwen and Lewis Bevan in the butcher’s beef judging and another second awarded to William Davies in the butcher’s lamb. Overall, our stock judging team came second. December saw clubs working hard to engage their members with quiz and bingo nights and festive fun. A shout out must go to Penybont YFC for the huge success of their After Dark Tractor Run, raising a fantastic amount of money for the MND Association. Wales was then put back under more COVID regulations which meant we were forced to cancel the Presidents Carol Service and wrap up 2021 and welcome the New Year. January 2022 came with more difficulties and another knock to Radnor YFC norm where we had to make the difficult decision to cancel the 2022 Pantomime Competition due to restrictions not allowing us to operate safely and the well-being of our members in Radnor at the forefront of discussion. But the light at the end of our gloomy January was Del successfully getting the Winter of Well-Being Grant which allowed our clubs to get up and running again and put on activities to draw back the club members. A massive thank you to Del for working hard to acquire this funding and all of the work that goes on behind the scenes gaining grants and sponsorship to ensure the financial sustainability of Radnor YFC. A thank you also needs to go to our club officials for organising the evenings and being so creative with the funding to ensure fun for our members across the county. March saw our winning members go on to represent Radnor at the Wales YFC Public Speaking weekend where Aberedw YFC won the Cheerleading Competition and will now go on to represent Wales! Good luck! Once again, Radnor members all pulled together in March for a county-wide effort from all 13 clubs where we set up a collection point and gathered two trucks full of donations to send to Ukraine to support their cause. Thank you to everyone or donated or supported Radnor’s efforts. The end of April saw more Radnor members going on to represent our county at Wales YFC Field Day. Congratulations to everyone to getting to represent our county, that’s an achievement in itself, but an extra congratulations to the Radnor Senior Stock Judging Team who were the Overall Winners at Wales YFC Field Day and Gemma Price, Llanbadarn Fynydd YFC for taking home a third place in the Auctioneering Competition! Some fantastic results for Team Radnor! Rally Day was an outstanding day we have waited three long years for this day and what a day it was – sunshine, huge crowds and members back competing in all

forms of competitions – it was truly a day to celebrate and remember – thanks to our hosts the Powell family, Cwmfeardy and to Penybont YFC and congratulate Radnor Valley YFC on winning the overall title after 25 year wait!

After a packed summer with the Royal Welsh and Chairmans Ball it was time to end my year as County Chairman of Radnor YFC at the County AGM – what an experience the last two years have been – one I will never forget.

REGISTERED COMPANY YUMBER.. CEiM13999 ffngjand and Wales) REGISTERED CHARITY NUMBER: 1161446 Report of the •ad Unaudlted F14#tyd•l St•tem¢Trts for the Year Emded 30 June 2022 for RADNOR FEDERATION OF YOUNG FARMERS CLU N E Sears Arr NESTAX Limited 9 Church Street Builth Well$ Powy5 LD2 3AP

RADNOR FEDERATIONI OF YOUNG FARMERS CLUBS Contents of the Fln#DcW StstenwDts FOR THE YEAR ENDED 30 JUNE 2022 Pa8e Rep•rt of the TThi¢t llldependtnt Exmlther's Report Sttememt of FlniTrdl Acffvltle4 Bltsee Shttl 4 to 5 Notes to tht TrlnDd•l St*leilti 6 10 11 D¢talled Statement of FftDADelAI Acttvltl 12 to 13

RADNOR FEDERATTOIY OF YOUliG FARMERS CLU Report of the Trwste FOR THE YEAR ENDED 30 JIThE 2022 Th¢ trust¢¢s who art aJso directors of the charity for the pu•s¢S of the Compantc4 Act 2]6. prewt theii report with thc financial Stskments of the ¢lwity for the y¢ar end¢d 30 June 2022. The trustees have adOpd th¢ provi&ions of Accouniing artd Reporting by CharitiGfj." Stst¢mcni of RecomEnended Pra1¢¢ applicable lo clwitie5 preparing th¢ir a¢¢ounrs in accordance with the Financial Reporting Stsndard applicable in the UK and R¢public of IrelaDd (FRS 102) Icffeciive l January 2019). STRuCTL[ GOVERNANCE AND MANAGEMENT Governlng dtmeTht The charity 1$ controlled by its gov¢rnin8 documeni a deed of trus( and constib*s a limiled compatty. limited by guarantee. as defwed by the Ci)mpanies Act 2006. REFERENCE AND ADMIMSTrATIVE DETAIts Regtstered Compally Dumber CE003999 {EnglaThJ and Walu) Reglstered Charlty Rumber 1161446 Reglstered offlce Unit 5 Ddole Road Industrial Estste Llandrindod Wells Powys LDI 6DF Trn8lees Mrs D Powell M Price Mr5 R Dll88an Miss A Hardwick J James Independent ExAmlDeY N E Sears ATT NESTAX Limit¢d 9 Chwch Street Builth W¢115 Powys LD2 3AP Approved by order of thc board of truste¢s on 23 Au8ll 2022 a1 sigwl on its behalf by. M Price. Tn Pag¢ I

Ind£peDdent EXaneI Report to Ihe Trwsttts of RadDor Feder4tion of Yowig Farmen Clubs Ind¢p¢ndent ¢xgth¢r's report to the tnistees ofRadn•r FederntloD of Young Farnr5 Club5 ('the Company I report to the Charity tru5t¢¢8 oll my examination of the Ou. of the Cornpally for the year end¢d 30 Junc 2022. Respondbllides and basls of report s the ch&rity8 tNst¢¢s of the Company (and also its directo for the purpo of company law) you ate responsiblE for the preparauon of the in a¢eordance with the requirements of tl Coft4)atiies Act 2006 Cth¢ 2(K16 Act). Having sJlisfi¢d rylf that the accounts of the Company gre rulyed to be audid wider Part 16 of the 2006 Act and are eligibl¢ for independcnt examination, I rewrt iti rrfp¢et of my examiMtion of yow chariW5 ¥counts as carried out under S¢¢tioD 145 of thc Cbtiritses Act 2011 2011 A¢t). In earryin8 my VAaminatioll I bave follow¢d tb¢ DireciiotL8 given by the ChaTity Con]mi10 under Section 145(5) (b) of the 2011 A¢L IndepeDde•t exAmlner'J I have completed my amination. I confinn that no nllttus have come to my altntion tn (x)nnection with the examinalion givillg cause w believe: accounting records were not kept in rr4)C of th¢ compHnY Twiired by Scction 386 of the 2rA)6 A¢4 or the a¢¢ount$ do not accord with those rOrdS,. or the accounts do not comply with the accountlll8 requirtments of stiOn 396 of the 2006 Aa other than any reqiiiremeni thai the accounts 8ive I ttw #nd f#ir view ]Ch is not a m&rter considertd as part of an indcpendeni examination. or th¢ accounts have not been prq>arrd in accordance with the methods and pritK1p1 of th¢ Ststcrncnt of RKomrn¢nd¢d Practice for accowitsng and ryrting by charities lappliable to charities preparing their 8ccount8 in accordance with the Fill¥n¢ial R¢portin8 Stad applicable in the UK and R¢public of Ireland (FRS 1021). I have no ¢oncerns have con)e across no other tter5 in ¢¢)llne¢tioo with the wtnination to which atteDtioD should be dr&wll in this report ID order to ¢ble a prop¢r undefstsndin¥ ofthe accounls lo be reached. N E Sears Arr NESTkX Limited 9 Church Street Builth W¢lls Powys LD2 3AP 23 Auwi 2022

RADWOR FEDERATION OF YOUNG FARMERS CLUBS SttemeAt of FItt&Del Acth4tics FOR THE YEAR ENDED 30 Juhl 2022 2022 Totsl fimds 2021 Tot81 Unrestricted Restrictyl EttdowDeDI Notes INCOME AND ENDOWMENTS FROM Donations aDd le8acies 40,591 40.591 59,999 Oth¢r traditi8 adivities 57209 822 57209 1.011 3.366 2.269 189 Tot41 98.622 189 98.811 65.634 EXPEI¥DITtrRE ON Raising fidts. 91.604 91,()04 66,586 Ch&rltable ¢tlvlthi The Prince's Ttwt ' Sutsdry grants paid 2,114 1,885 2.114 Other 2.414 2,414 1,209 Tot 96,132 96,132 69,680 NET IYCOMFJ{EXPENDuRE) TrAll8fery between fundi 2.4SYI 189 189 (1891 2,679 10 (4.0461 Net nwv¢meDt In foDds 2.679 2,679 (4,046) RECONCILIATION OF Total funds brou8ht forwtrd 183,676 179.447 ioo.o 463.123 467,169 TOTAL FUNDS CARRIED FORWARD 186,355 179.447 ith),000 465.802 463,123 The notes forni part of thasc fitk4nciai thtcments Poge 3

RADNOR FEDERATION OF YOLING FARMERS CLUBS Balattce Sheet 30 JbThE 2Q22 2022 To¢al 2021 Tolal fijnds Ut)restriaed Restricred Endownwrt NeS FIXED A&SETS Tangible asscts 81975 3.852 86.827 88,567 CURRENT ASSETS D¢btors Cp8h at bgnk and in hand IJ 110.620 1,500 386215 1.996 375.107 175.595 I),(1 112,120 175595 i(,0 387,715 377,103 CREDITOKS Amounts fallin8 within one year (8.740) (8.740) (2.547) NET CURRENT ASSETS 103.380 175,595 I(.{j 378.975 374.556 TOTAL ASSETS LESS CURRENT LIABILITIES 186.35S 179.447 loo.0 465.802 463,123 NET ASSETS 186.355 179,447 100,co) 465.802 463,123 FUNDS Unr¢5tric*d fvnds Restricied fijnds EndovmKnt fiwd8 10 186.355 179,447 100,O(KJ 183,676 179,447 100,000 TOTAL FUNDS 465.802 463.123 Th¢ ¢haritsbl¢ company is entided io exetry)tion from audit under Stttion 477 of the Companies Act 2006 for the year ended 30 June 2022. The munbeTS hJv¢ ttoi i¢quir¢d th¢ ¢ixytty ty obtain an a111 of its fill¢1&1 stst¢ments for th¢ year end¢d 30 June 2022 in accordan¢¢ with Se¢¢ion 476 of the Companie5 A¢t 2006. The tnjstees acknowledge th¢ir rcspDnwbiliti¢$ for lal ¢tLsurin8 that the charitable company keeps accouniiD8 records that comply with Sections 386 and 387 of the Companics Act 21M)6 preparing financial statements 1¢ giv¢ a tsue faiT vi¢w orth¢ 5W¢ of affJir5 of th¢ ¢haritabl¢ wn¥Jany #6 at the End of ¢actrL fn¢la1 year alld of its surplus or deficAt for each fula1 year in accordance wuth the quircmEnts of Section5 394 and 395 atsj "¢b OtherYse cotnply with the requirenKnts of th¢ Companies A 2006 relating to fina187 stst¢miL4, s(Tr far as appli¢abl¢ to th¢ ¢haritabl¢ Wmpy. Ibl Th¢ ootes fonnpart of these fillala1 sraternts Pag¢ 4 continued..

RADNOR FEDERATION OF YOUNG FARMERS CLUBS Bkn¢e She¢t- ¢otydDued 30 JiINE 2022 Th&se finan¢ial $tskm¢nts have been prwed in aOrd¢ with the provisions applicable to clwttable compani¢s bject to th¢ small ¢omp8tiies r¢gimc. The financial stsfettllts were approved ty the Board of TnL autborised for issue on 23 Augw8t 2022 aDd wcre siwi on its b¢h&lf by". M Pticc- Truste¢ The oot<8 forni Fart of these fllJan¢ial statements

RADNOR FEDERATtON OF YOUNG FARlfERS CLU Notes to the Financial Stattments FOR ThE YEAR LNDED 30 JUNE 2022 ACCOUNTING POLICILS Bs1s of preparln¥ ¢h¢ IID•Dd•l Jt•t¢nllts The financial ststements of th¢ charithl¢ Company. whith is a publi¢ entity ulld¢r FRS 102. have be¢n prepar in 8¢¢ordall¢¢ Ivfftth the cltie& SORP {FRS 102) 'Ac¢ounting and Rq)orting by Ch8ri¢ie5'. Sl8t¢ill¢nt of R¢cotutuuded Prartiee applicable to charities prcparing thcir coUnts in occordwllc¢ wtth the FitJau¢i41 Reporting Standard applicable itt the UK and Republic of Ireland (FRS 102) (effc¢live l 2019),, Financial Re[1g Stsndard 102 Th¢ Finan¢ial Reporting Scand&rd applicable in Ihc UK and Rcpublic of Ireland, and the Companies Act 2006. Th¢ fLnan¢ial wt¢nttt8 hav¢ b¢¢tt prepared uThJer the historical COBt ¢ortvcntion. All income is r¢wgnis¢d in the Statcmcnt of Financial Activili&s once the charity h85 entitlement to the fund4 it is probable that the incon)e will be rec¢iv¢d and th¢ U01 Can b¢ ryvsur¢d r¢lTrably. F.4bendlture Liabilities are r¢coBni8ed as expenditure as Soon as thue is a le or constructive obliyiion ¢ommirtin8 th¢ charity to that ¢xp¢nditute. it is prc4)able a transfer of 00M1C benefits will bc Tcquired in scttlcmcnl and thc amount of the obligation can be measured reliably. ExpendibJre is 4ccountrd for on ats ac¢ruais ba$1$ and has been cltfied under headin8s that ?we8ate all cosl relaied to the te80ry. Where ¢ost5 ¢annot b¢ directly •tiribw¢d to pArti¢ulAr headin8S tw have bccD Ktiviiies on a basis c4Jnsistenl with the we of Grants offcrcd subjc¢t to Conditio thieh hAve Mt been met ai the yew end d& are rted as a commitment bui not accrued &q expenditure. TInble flxed ue¢i Depreciation is provided at the followin8 annual rates in order write off each os9Ct ovcr ils es¢imat¢d uKfu] life. Tiadoth The ctrLarity is exempt from COOratio0 tax on its clwithble activitses. *¢¢OUDthig Unreslricted funits b¢ used in COrdae with th¢ ¢haritsbl¢ obje¢tives at th¢ discretion of the trustees. R¢stri¢ted ndS can onty be Used for particular rtrIcted pww6es within the objects of thc ch&rity. R¢slriction5 arise when SplfRed by th¢ donor or vALen futtds are rnised for particular restncted pury)oses. Further cxplanatiort of the natur¢ And purFk)se of each furMI is included in the notes lo the financial 5tatemenls. Hlre purebAse and leAilnR eommltments Rcntal& paid ter opcratin8 leases are charBcd to the Ststement of Financial Activities on a straight line basis over the period of the l¢as¢. Page 6 contimied..

RADNOR FEDERATION OF YOUNG FARMERS CLUBS to the FIDandl Statement$- ¢oDthiued FOR THE YEAR ENDED 30 JUNE 2022 OTHKR TRADING ACTivfnFS 2022 2021 A¢tiviti¢s & fidraiSIng Wales YFC 2ffl Club 53.612 1.170 2.427 50 877 2,439 57209 3.366 INVESTMEI¥T INCOME 2022 2021 Bank int¢rest rcccived 2.269 NET INCOMEI(EXPENDITURE) Net incOm(eXpendIltt) 18 Stated after ¢bargiog{¢reditIn. 2022 2021 DepciatiOn- Owlld assets Equipment renthl 3.740 858 4,010 870 TRUSTEES, REMUNERATION AND BENEs There wer¢ no tntstee8' remuoeration or oth¢t bvKfits for the year ¢nd¢d 30 June 2022 nor for the year ended 30JuDe2021. Trni¢ees' eipens There were no trusteu, expuw8 paid for the year eThJed 30 Jwi¢ 2022 nor for the year ended 30 June 2021. COMPARATIVES FOR THE sTATEiwE OF FINANCIAL AcfivITIFS Unr¢strictcd Reslricted fimd Endowment Totsl INCOME AND ENDOWMETh FROM Donations and legacics 49.047 10.952 59.999 Other ty4ding activitie8 Investment income 3,366 1.968 3,366 2,269 301 Total 54.381 10.952 301 6S,634 EXPENDITURE ON Raising fijnds 62.TlO 3.816 66.586 Ch#rltable eJvlrfes The Princes Trnst 1.8¥5 1.885 Other 1.209 1,209 Total 63,979 5.701 69.680 Pa8e 7 contimied...

RADryOR FEDERATION OF YOUNG FARMERS CLUBS Notes to Ihe FIn#n¢5 St*temtnts- eoDtlnued FOR THE YEAR ENDED 30 JUIYE 2022 COMPARATTVFS FOR THE STATEMENT OF FIYANCIAL AcrlVrr. continued Unrestricted Restricted Totsl funds NET INCOMEI(EXPENDITURE Trxnsfers between fundA {9,598) 5552 5251 (5251) 301 1301) (4.046) (4.046) (4.046) RECONCTLIATION OF FUNDS Total fijnds bmughi forvdrd 187,722 179,447 I.000 467.169 TOTAL FUNDS CARRIED FORWARD 183.676 179.447 l(M).O(M) 463,123 TANGIBLE FIXED ASSETS Fr¢ehold prop P]ani and mh1cry Totals COST A¢ l July 2021 Additions 83,187 14.801 97,988 2,ofAI At 30 June 2022 83,187 16,801 99.988 DEPRECIATION AL l July 2021 Char8¢ for year 2.660 1.330 6,761 2,410 9,421 3.740 At 30 June 2022 9,171 13,161 L¥ET BOOK VALUE At 30 Jun¢ 2022 79.197 7,630 86,827 At 30 June 2021 80,527 8,040 88.567 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Other debtOT8 1.500 contirnd...

RADI¥OR FEDERATION OF YOUNG FAILYERS CLUBS Notes to the Fth•nrlal S¢a¢e]nents- conthiued FOR THE YEAR ENIDED 3(1 JUNE 2022 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trth ¢reditoys 8.740 2,547 ID. MOVEMENT IN FUNDS Net Tra At 30.6.22 At 1.7.21 in Unrestrlcled fun G¢n¢ral fimd 183.676 2.490 189 186.355 Re&tTlcted fundi Re5tri¢ted fitnd 179.447 179,447 Endowment fun Endowment tijnd I,( 189 1189) 100,0 TOTAL FUNDS 463.123 2.679 463,802 Nct nY)v¢m¢nt in fimds. included iti the above are as follo.. Iwomin8 R¢wurces Mov¢m¢n¢ resourtt4 ¢XP¢Ie in fund$ UnrMtrl¢ted fundi G¢ncral fund 98.622 (96.132} 2,490 Endoivnwnt fundi 189 189 TOTAL FUNDS 98,811 (96,132) 2,679 Pa8¢ 9 continued...

RADNOR FEDERATION OF YOUNG FARMERS CLUBS Notss to the Flllalld Sttements- fontlDued FOR THE YEAR ENDED 30 JUNE 2022 10. MOVEMENf IN FUNDS. continued Compr*tive$ for wv¢me•t ID fxDds Net Transf¢rs At 30.6.21 At 1.7.20 Unrestrlcled fun General fwld 187.722 (9.598) 5.552 183,676 Re8trl¢ted futtdi Restricted fulld 179.447 5251 (5251) 179.447 EDdowmtnt funds Endowment fijnd Iw.(M)o 301 (301) 100,000 TOTAL FUNDS 467.169 {4,046) 463,123 co1rative net uwve]nent iti fiwds. itt¢luded in the above are u follows.. re80urcu cxpcnded ID fimds Unre$trl¢ted General fiuMI 54.381 163.979) {9.598) Rcstrkted fundi Restricted fuThJ 10.952 15.701) 5251 EndowDWllt funds Endowment fund 301 301 TOTAL FUNDS 65.634 (69,680) (4,0461 A cwr¢nt year 12 llb)nths and PTior ye¥r12 months wmbin¢d position is as follows: N¢t oVe[rat i) funds Tran5fcrs b¢tw¢¢n funds At 30.6.22 At 1.7.20 Unrestrlcted funds General fiwd 187,722 (7,108) 5,741 186,355 ReJtr&rted Cundx Restricted fund 179.447 5.251 (5,251) 179,447 Endownllt funds I.000 (490) 467,169 (1.367) 465,802 Page 10 continue(L..

RADNOR FEDF.RATtOY OF YOUNG FAKMERS CLU$ l¥oteJ tts the Fin1 St*temeDts- Cont1ne FOR THE YEAR ENDED 30 JUNE 2022 io. MOVEMEIYT IN FUNDS. Collthiued A curretjt y¢•r 12 tN)nths and pnor year 12 months combird net IVeMent tn fjJttd4 inchmled in the above are as follows: Resources Movemellt in funds Unrejtricted fvDdi Gcncral fwid 153.(K13 (160,111) (7.1081 Rejtrlcted fundi Restricted fund 10,952 {5.701) 5.251 Endowmtnl fvndi Endowment fund 490 TOTAL FUNDS 164.445 (165.812) (1,367) ii. RELATED PARTY DISCLOSURES There were no related p4rty tsan5lI0ns for the yur ended 30 Jun¢ 2022. Pa8ell

RADNOR FEDERATION OF YOUNG FARMERS CLU Detslled Statement ofThaneknl Aedvtd FOR THE YEAR ENDED 30 JLThE 2022 2022 2021 D•nAtIDDs and legades Donations Levy iryco 2.525 3205 37,386 S7,474 40,591 59,999 Other tradlng cdvides Acliviti¢s & fundraising Wal¢s YFC 2(M) Club 53.612 1.170 2.427 50 877 2,439 57209 3.366 Investment Income Bank inleK41 Teceived 2269 TotAI Incomlng rewr¢ 98,811 65,634 EXPENDITURE RAIth8 dould0 and leg•¢le• Wage¥ Repairs & maintcnance Equipment rentsl Premises cosi8 Telephone Offic¢, IT al hdvert costs Sundries Fr¢chold pn)p¢rty Plant and machinery 36.745 668 858 1.726 39.278 4,635 870 4,425 1,069 869 1,640 .330 2.680 655 869 lJ30 2.410 3J07 49,768 66,336 Other trxdlng Acrfvltks Fund raisin8 costs 2 Club prizes 40,761 1,075 250 41.836 250 CharltAble actlvltle5 Grants to institutio Grants io individuals 500 1.614 1.885 2.114 1.885 This page d0&4 not form part ofthe statutory financial stsi¢n Pag¢ 12

RADNOR FEDERATION OF YOUNG FAKMERS CLUBS Detailed Statement of Ftsalld Artlvffttles FOR THE YEAR ENDED 30 JUNE 2022 2022 2021 Support eosti Gov¢rnAttce costs Bank charuc Honorarium Accountancy 534 560 1,320 149 560 500 2,414 1,209 Totsl r¢sources ex•d 96.132 69,680 Net IDcomel(e¥peThd1re) 2.679 14,046) This pagc does J]ot fonn part of th¢ statutory financial statcmcnts Page 13