Charity Registration No. 1167137
DUNSTER SHOW SOCIETY
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2025
FOR THE YEAR ENDED 31 OCTOBER 2025
DUNSTER SHOW SOCIETY
CONTENTS
| Page | |
|---|---|
| Trustees’ Annual Report | 1 – 4 |
| Statement of Trustees' Responsibilities | 5 |
| Independent Examiner’s Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 - 17 |
DUNSTER SHOW SOCIETY
FOR THE YEAR ENDED 31 OCTOBER 2025
TRUSTEES' ANNUAL REPORT
The Trustees present their report and financial statements for the year ended 31 October 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document and “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 2019).
REFERENCE AND ADMINISTRATION
PRESIDENT
Mrs E Lindstrand in memory of Mr C Thomas
TRUSTEES
Trustees who served during the year were:-
Chairman Mr J H Brewer Vice-Chairman Mrs V Browne Mr J Scott Mrs F E A’brook (resigned November 2024) Mr T Ball Mr D Brewer Mr D Butt Mrs C Case Mr C P Clements Mr S Coad Mr M R Collins Mrs N Cottrell Mr R Criddle (resigned 19 January 2026) Mrs H Crockford Mr R Delve (resigned November 2024) Mrs J Fewings (resigned 19 January 2026) Miss J Hewlett Mrs M Hill Mr P Mann (resigned December 2024) Mr A Schofield (resigned 19 January 2026) Mrs E A Scott Mr M Scott Mr M R Scott Mr V Sellick Mr S Tarr Mrs J Thomas Mr P Thomas Mrs E Webber Mr I White
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DUNSTER SHOW SOCIETY
FOR THE YEAR ENDED 31 OCTOBER 2025
TRUSTEES' ANNUAL REPORT (CONTINUED)
REFERENCE AND ADMINISTRATION (cont’d)
SOLICITORS Messrs Thorne Segar, 3 Bancks Street, MINEHEAD, Somerset, TA24 5DE
PRINCIPAL OFFICE 1 Bancks Street, MINEHEAD, Somerset, TA24 5DJ BANK CAF Bank, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ
ACCOUNTANTS Milsted Langdon LLP, 4 Queen Street, Bath, BA1 1HE STOCKBROKERS Messrs J M Finn & Co, 22-24 Queen Square, Bristol, BS1 4ND
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Society is a Charitable Incorporated Organisation (CIO) established by a Constitution dated 16th May 2016.
MANAGEMENT
The general management of the Society is undertaken by charity trustees (the Trustees) comprising minimum of three natural persons.
One third of the Trustees form a quorum at meetings of the Trustees.
None of the Trustees are remunerated as a result of their position.
Trustees are elected by members of the CIO at the AGM. One third of the Trustees retire by rotation at the AGM and shall be eligible for reappointment.
The following officers have been appointed by the Trustees:-
Secretary Mrs P Vile Membership & Assistant Secretary Miss J Cody-Boutcher Treasurer Mr D Stone MA, FCA
The Secretary, Membership & Assistant Secretary and Treasurer are remunerated for their services.
MEMBERSHIP
Members of the Society are expected to pay the appropriate class of subscription in January each year.
The greater of 2% or 3 members shall form a quorum at general meetings.
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DUNSTER SHOW SOCIETY
TRUSTEES' ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
OBJECTS AND AIMS
The objects of the CIO are to improve, promote and encourage agriculture for the public benefit by the improvement of the breeding of horses, cattle and sheep and the demonstration, exhibition and showing of livestock, machinery, crafts, products, methods and processes connected with agriculture and agricultural education in particular by holding an annual agricultural show and supporting students undertaking land based vocational courses by way of annual bursaries.
PUBLIC BENEFIT
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.
ACHIEVEMENTS AND PERFORMANCE
The Society had a surplus of £23,693 after making bursary payments of £16,500 and grants of £5,050.
The main fundraising event of the Society, the 177th Dunster Show, was held in August 2025. The Society would not be able to run Dunster Show to the standard it does without the substantial voluntary assistance from trustees, members and supporters.
TRUSTEE, MEMBER AND VOLUNTEER ENGAGEMENT
Trustees meet at least six times a year and are actively involved in strategic decision making for the charity. Members are invited to the AGM each year and are able to put themselves forward to act as a trustee of the charity. The running of the annual Show relies upon the support of volunteers numbering up to 100 people each year.
GRANT MAKING POLICY
Grants to local charities which support agriculture are considered by the committee and confirmed by vote at the AGM each year. The charity also has an annual budget for bursaries to support students studying landbased subjects. The budget is agreed annually by the committee.
FINANCIAL REVIEW
FINANCIAL POSITION
As at 31 October 2025 the charity held total unrestricted funds of £257,847 (2024 - £234,154). The closing balance for restricted funds was £nil (2024 - £nil).
INVESTMENT POWERS
The Society’s constitution does not mention specific investment powers. Investment decisions are referred to the full Committee.
INVESTMENT POLICY
Investments have been made with the advice of stockbrokers, Messrs J M Finn & Co, Bristol. The Society requested their advisors to produce a balanced return from income and capital growth and that they would accept a medium risk. The Society currently invests in funds specific to charities. The value of the portfolio now stands at £104,649 (2024 - £96,681).
MONETARY RESERVES
The Society retains free reserves that are approximately equivalent to the cost of two cancelled shows, together with a contingency of no more than £100,000 to cover the cost of a potential uninsured claim.
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DUNSTER SHOW SOCIETY
TRUSTEES' ANNUAL REPORT (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
MAJOR RISKS
An agricultural show’s main risk is the close proximity to each other of the public, animals and machinery. The Society is insured against all foreseeable risks.
The Society conforms to all Health and Safety and animal handling legislation and keeps procedures under review.
Financial risk is controlled through budgeting, planning and insurance such that the risk of financial loss is minimal and the Society would be able to meet all its commitments.
The annual report was approved by the trustees of the charity on 22 August 2026 and signed on its behalf by:
John Brewer
John Brewer Chair
Victoria Browne
Victoria Browne Vice-chair
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DUNSTER SHOW SOCIETY
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
FOR THE YEAR ENDED 31 OCTOBER 2025
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP 2019 (FRS 102);
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 22 August 2026 and signed on its behalf by:
John Brewer
John Brewer Chair
Victoria Browne
Victoria Browne Vice-chair
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DUNSTER SHOW SOCIETY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF DUNSTER SHOW SOCIETY
I report to the charity trustees on my examination of the accounts of the above charity (the “Trust”) for the year ended 31 October 2025, which are set out on pages 7 to 17.
Responsibilities and basis of report
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the ICAEW.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Signed:
Tim Lerwill
Tim Lerwill BSc FCA BFP Milsted Langdon LLP 4 Queen Street Bath BA1 1HE
Date 24 August 2026
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DUNSTER SHOW SOCIETY
STATEMENT OF FINANCIAL ACTIVITY
FOR THE YEAR ENDED 31 OCTOBER 2025
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Notes | funds | funds | 2025 | 2024 | |
| £ | £ | £ | £ | ||
| Incoming Resources | |||||
| Incoming resources from generated funds: | |||||
| Donations and legacies | 2 | 6 | 2,740 | 2,746 | - |
| Investment income | 9,728 | - | 9,728 | 5,527 | |
| Other income | 3 | 4,565 | - | 4,565 | 57 |
| Incoming resources from charitable activities: | |||||
| Activities for generating funds – Show income | 4 |
201,342 | - | 201,342 | 197,208 |
| Membership income | 32,607 | - | 32,607 | 30,545 | |
| ______ | ______ | ______ | ______ | ||
| Total incoming resources | 248,248 | 2,740 | 250,988 | 233,337 | |
| ______ | ______ | ______ | ______ | ||
| Resources Expended | |||||
| Charitable activities: | |||||
| Fundraising costs: Show expenses | 5 | 195,255 | - | 195,255 | 177,885 |
| Grants | 8 | 5,050 | - | 5,050 | 900 |
| Bursaries | 13,760 | 2,740 | 16,500 | 12,000 | |
| Governance costs | 10 | 18,458 | - | 18,458 | 14,615 |
| ______ | ______ | ______ | ______ | ||
| Total resources expended | 232,523 | 2,740 | 235,263 | 205,400 | |
| Net incoming resources before other | |||||
| gains/(losses) or transfers | 15,725 | - | 15,725 | 27,937 | |
| Unrealised gain/(loss) | 7,968 | - | 7,968 | 1,367 | |
| ______ | ______ | ______ | ______ | ||
| Net movement in funds | 23,693 | - | 23,693 | 29,304 | |
| Total funds brought forward | 234,154 | - | 234,154 | 204,850 | |
| ______ | ______ | ______ | ______ | ||
| Total funds carried forward | 257,847 ______ |
- ______ |
257,847 ______ |
234,154 ______ |
All of the charity’s activities derive from continuing operations during the above two periods. The funds breakdown for 2025 is shown in note 15
The notes on pages 9 to 17 form an integral part of these financial statements.
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DUNSTER SHOW SOCIETY
BALANCE SHEET
AS AT 31 OCTOBER 2025
| Notes | 2025 | 2024 | |||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Fixed assets | |||||
| Tangible fixed assets | 11 | 8,142 | 6,976 | ||
| Investments | 12 | 104,649 | 96,681 | ||
| ______ | ______ | ||||
| 112,791 | 103,657 | ||||
| Current assets | |||||
| Debtors | 13 | 6,444 | - | ||
| Cash at bank and in hand | 140,495 | 130,911 | |||
| ______ | ______ | ||||
| 146,939 | 130,911 | ||||
| Creditors: amounts falling due | |||||
| within one year | 14 | 1,883 | 414 | ||
| ______ | ______ | ||||
| Net current assets | 145,056 | 130,497 | |||
| ______ | ______ | ||||
| Total net assets | 257,847 | 234,154 | |||
| ______ | ______ | ||||
| Funded By | |||||
| Unrestricted funds: | |||||
| General purposes fund | 257,847 | 234,154 | |||
| ______ | ______ | ||||
| 257,847 | 234,154 | ||||
| ______ | ______ | ||||
| Total funds | 257,847 ______ |
234,154 ______ |
The Financial Statements were approved by the trustees on 22 August 2026 and signed on their behalf by:
| John Brewer | Victoria Browne |
|---|---|
| John Brewer | Victoria Browne |
| Chair | Vice-chair |
The notes on pages 9 to 17 form an integral part of these financial statements.
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
DUNSTER SHOW SOCIETY
1. Accounting policies
1.1 Basis of preparation
The Financial Statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. The Financial statements are prepared in sterling, which is the functional currency of the charity and rounded to the nearest £.
The Dunster Show Society meets the definition of a public benefit entity under FRS 102.
1.2 Statement of compliance
- The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
1.3 Incoming resources
All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.
1.4
Resources expended
- Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate ail costs related to the category.
1.5 Tangible fixed assets
- Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and machinery 10% straight line Computer equipment 25% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.6 Investment assets
Investments are included at market value.
1.7 Exemption from preparing a cash flow statements
The charity has taken advantage of the exemption from the requirement of producing a cash flow statement based in the level of income received.
1.8 Going concern
The Trustees consider the level of reserves and financial risk to be sufficient as such to support the conclusion that the charity is a going concern.
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DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1.9 Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
1.10 Governance costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating staff costs by the time spent.
1.11 Taxation
The charity is a registered charity and is potentially exempt from taxation on income and gains falling within sections 505 to 506 of the Income and Corporation Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that these are applied to its charitable objectives.
1.12 Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
1.13 Cash and cash equivalents
Cash and cash equivalents comprise cash on hand, demand deposits, and short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
1.14 Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts
1.15 Fund Structure
General funds are unrestricted funds which are available for use at the discretion of the Trustees in the furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the Charity for a particular purpose. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
1.16 Financial instruments
The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
10
DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
2 Donations and Legacies
Donations 3 Other Income Insurance claim Equipment hire Book and tie sales |
Unrestricted 2025 £ 6 |
Restricted 2025 £ 2,740 |
Total 2025 £ 2,746 Total 2025 £ 3,750 800 15 4,565 |
Total 2024 £ - Total 2024 £ - - 57 |
|
|---|---|---|---|---|---|
| 57 |
All of the income above was attributable to unrestricted funds in 2025 and 2024.
| 4 Show Income Entry fees Gate takings Trade stands Catering concessions Sponsorship Advert sales Programme sales |
Total 2025 £ 16,277 104,571 42,731 14,965 11,483 7,615 3,700 201,342 |
Total 2024 £ 13,137 106,462 37,694 14,345 9,810 8,180 7,580 |
|---|---|---|
| 197,208 |
All of the income above was attributable to unrestricted funds in 2025 and 2024.
11
DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
5 Show Expenses
| ow Expenses | ||
|---|---|---|
| Prize money Rosettes, cups and engravings Judges Advertising Wages Employer’s pension costs Sales commissions Printing & stationery Telephone & postage Programme & schedule Subscriptions Ambulance cover Horse levies Showground expenses (note 6) Entertainment (note 7) Entertaining Sundry expenses Travel costs Software costs Website Administrative assistants Gate staff and car parking Ticket systems Health and safety Bank charges Depreciation |
Total 2025 £ 14,003 4,248 2,847 3,811 17,010 356 1,886 5,241 1,854 5,032 952 3,750 1,627 79,328 12,639 6,255 926 1,631 3,482 1,050 5,642 7,446 5,088 1,315 5,972 1,864 195,255 |
Total 2024 £ 12,162 2,892 2,569 4,021 12,562 236 3,596 5,636 1,981 4,789 1,698 2,650 1,449 78,561 8,882 5,292 1,556 924 2,457 605 5,360 7,594 6,303 700 3,410 - |
| 177,885 |
All of the expenditure above was attributable to unrestricted funds in 2025 and 2024.
12
DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
6 Showground Expenses
| owground Expenses | ||
|---|---|---|
| Hire of marquees, tables, generators & barriers Hire of public address system Hire of toilets Hire of scaffolding and jumps Hire of disables facilities Rent & water Insurance Site preparation and clearance Repairs & maintenance Security Tractor hire |
Total 2025 £ 35,326 3,794 6,833 1,586 300 7,554 3,527 13,501 974 3,753 2,180 79,328 |
Total 2024 £ 34,228 3,072 6,022 1,390 200 7,644 2,981 13,623 3,799 3,502 2,100 |
| 78,561 |
All of the expenditure above was attributable to unrestricted funds in 2025 and 2024.
7 Entertainment
| tertainment | ||
|---|---|---|
| Circus Falconry Jazz band Terry Moules ferrets Hunts Rivertones The sheep show Dog and duck display OG Performance horse Puppetree Farmlink Face painting Imps motorcycle display |
Total 2025 £ 500 - 480 230 2,650 315 2,400 1,044 4,200 300 250 270 - 12,639 |
Total 2024 £ 500 825 480 230 1,750 315 - - - 300 - - 4,482 |
| 8,882 |
All of the expenditure above was attributable to unrestricted funds in 2025 and 2024.
13
DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
8 Grants
| Cutcombe Christmas Show Devon Air Ambulance Dorset and Somerset Air Ambulance FWAG West Group Somerset Young Farmers Junction 24 Exmoor Rural Health Hub Farmerados SCF RABI Exmoor Hill Farmer Network |
Total 2025 £ 600 600 600 500 - 500 500 250 500 500 500 5,050 |
Total 2024 £ - 300 300 - 300 - - - - - - |
|---|---|---|
| 900 |
All of the expenditure above was attributable to unrestricted funds in 2025 and 2024.
9 Bursaries
| Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|
| 2025 | 2025 | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Bursaries | 13,760 | 2,740 | 16,500 | 12,000 |
All of the expenditure above was attributable to unrestricted funds in 2024.
10 Governance costs
| vernance costs | ||
|---|---|---|
| Wages Employer’s pension costs Accountancy JM Finn |
Total 2025 £ 17,010 356 264 828 18,458 |
Total 2024 £ 12,561 236 918 900 |
| 14,615 |
Wages and pension costs are allocated 50% to Show expenses and 50% to governance costs.
The average number of staff employed in 2025 was 2 (2024 – 2). No employees received total employee benefits of more than £60,000 during the year (2024: None)
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DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
11 Tangible fixed assets
| Cost At 1 November 2024 Additions At 31 October 2025 Depreciation At 1 November 2024 Depreciation charged in the year At 31 October 2025 Carrying amount At 31 October 2025 At 31 October 2024 |
Showground Equipment £ 21,324 2,540 23,864 15,202 1,314 16,516 7,348 6,122 |
Computer Equipment £ 1,708 490 2,198 854 550 1,404 794 854 |
Total £ 23,032 3,030 |
|---|---|---|---|
| 26,062 |
|||
| 16,056 1,864 |
|||
| 17,920 |
|||
| 8,142 |
|||
| 6,976 |
12 Fixed asset investments
Listed investments £ JM Finn – Listed investments At 1 November 2024 96,681 Gain on investments 7,968 At 31 October 2025 104,649
Listed investments are stated at market value at the balance sheet date. The portfolio is managed by JM Finn.
13 Debtors
| Amounts falling due within one year: Trade debtors Advance payments to suppliers |
2025 £ 3,726 2,718 __ 6,444 ____ |
2024 £ - - __ - ____ |
|---|---|---|
15
DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
| 14 Creditors: amounts falling due within one year Other taxes and social security Accruals 15 Movement in Funds Prior period At at 1 November 2024 Incoming resources Restricted funds Bursary fund - 2,740 Unrestricted funds General funds 234,154 256,216 Total 234,154 258,956 At at 1 November 2023 Incoming resources Restricted funds Bursary fund - - Unrestricted funds General funds 207,900 234,704 Total 207,900 234,704 |
Outgoing resources 2,740 232,523 235,263 Outgoing resources - 208,450 208,450 |
2025 £ 407 1,476 __ 1,883 ____ At at 31 October 2025 - 257,847 257,847 At at 31 October 2024 - 234,154 234,154 |
2024 £ 174 240 __ 414 ____ |
|---|---|---|---|
The bursary fund is to be used to pay for student bursaries.
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DUNSTER SHOW SOCIETY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
16 Analysis of net assets between funds
| Unrestricted funds £ Fund balances at 31 October 2025 are represented by: Tangible assets 8,142 Investments 104,649 Current assets/(liabilities) 145,056 257,847 Fund balances at 31 October 2024 are represented by: Tangible assets 6,976 Investments 96,681 Current assets/(liabilities) 130,497 234,154 |
Restricted funds £ - - - - - - - - |
Total funds £ 8,142 104,649 145,056 |
|---|---|---|
| 257,847 | ||
| 6,976 96,681 130,497 |
||
| 234,154 |
17 Trustee remuneration and expenses
No trustees were remunerated for their services to the Charity during the year (2024 - £nil).
During the year, expenses of £2,750 (2024 - £4,316) were reimbursed to five trustees (2024 - three trustees) in respect of expenditure incurred on behalf of the charity.
17