## 

## 

||Page|
|---|---|
|ReferenceandAdministrative Details||
|ReportoftheTrustees||
|independentExaminer'sReport||
|StatementofFinancialActivities||
|BalanceSheet||
|Notestothe Financial Statements|10-16|





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|President|Teresa Wickham|ResignedApril2023|
|---|---|---|
||Catherine Paice|AppointedApril2023|
|Trustees|A Tinsley||
||A Bardsley||
||C Bird||
||J Blackman||
||KKelliher||
||CSeymour||
||RMitchell||
|HonorayChair|SCalcutt|AppointedApril2023|
|ChiefExecutiveOfficer|SFlanagan|AppointedJanuary2023|
|Treasurer|C Morris||
|Events & Show Geordinator|R Heather||
|CompetitionManager|N Tompsett||
|EducationProvision|SSmith|Resigned31December2023|
||M Hounseil|Acting Offcer January 2024|
|Principal Address|45St Lukes Road||
||Maidstone||
||Kent||
||ME145AS||
|IndependentExaminer|M Wilkes FCA||
||Azets Audit Services||
||5thFloor||
||Ashford Commercial Quarter||
||NationwideBuildingSociety||
|Bankers|TheCo-operativeBank||
||High Street||
||NationwideHouse||
||PiperWay||
||Swindon SN38 1NW||





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13 May 2024 



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||||Restricted|Unrestricted|TOTAL|TOTAL|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2023|2023|2023|2022|
|||Notes|Total|Total|Total|Total|
||||E|E|£|2|
|Incomefrom:|||||||
|Donations|||11,479|-|11,479|3,049|
|Charitable activities|||||||
|Show and competition|income||-|165,376|165,376|177,880|
|Educationprogrammeincome|||18,146|-|18,146|22,646|
|Raising funds:|||||||
|Membership subscriptions and donations|||-|2,188|2,188|1,826|
|Investment income||2|-|1,630|1,630|995|
|Auction donations|||-|-|-|3,239|
|Education Show Income|||2,600|-|2,600|2,000|
|Totalincome|||32,225|169,194|201,419|211,634|
|Expenditureon:|||||||
|Charitableactivities|||||||
|Showandcompetitionexpenditure|||-|185,849|185,849|145,315|
|Handbook expenditure|||-|250|250|250|
|Education programme|||49,264|-|49,264|39,840|
|Administrativecosts|||-|32,383|32,383|23,190|
|Donations Made|||-|-|-|729|
|Totalexpenditure||3|49,264|218,482|267,746|209,323|
|Net income/(expenditure)|before||(17,039)|(49,288)|(66,327)|2,311|
|Gain/(loss)oninvestments|||||||
|Gain/(Loss)oninvestmentassets||8|-|(283)|(283)|(712)|
|Netmovementin funds|||(17,039)|(49,571)|(66,610)|1,599|
|Fundsbroughtforward1January2023|||24,482|110,020|134,501|132,902|
|Funds carried forward31|December2023||7,443|60,449|67,892|134,501|





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|||Restricted|Unrestricted||
|---|---|---|---|---|
|||Funds|funds|Total|
|||||2022|
||Notes||||
|||E|E|£|
|Incomefrom:|||||
|Donations||3,049|-|3,049|
|Charitableactivities|||||
|Showandcompetitionincome||-|177,880|177,880|
|Educationprogramme income||22,646|-|22,646|
|Raisingfunds:|||||
|Membershipsubscriptionsanddonations||-|1,826|1,826|
|investment income|2|-|995|995|
|Auction Donations||3,239|-|3,239|
|EducationshowIncome||2,000|-|2,000|
|Total income||30,934|180,701|211,634|
|Expenditureon:|||||
|Charitable activities|||||
|Showandcompetition expenditure||-|145,315|145,315|
|Handbook expenditure||-|250|250|
|Education programme||39,840|-|39,840|
|Administrativecosts||-|23,190|23,190|
|DonationsMade||-|729|729|
|Totalexpenditure|3|39,840|169,483|209,323|
|Net income beforegainsoninvestments||(8,906)|11,217|2,311|
|Transferbetweenfunds||5,874|(5,874)|-|
|NetIncome/(expenditure) before transfers||(3,032)|5,343|2,311|
|andbefore Gain/(Loss)oninvestments|||||
|Gain/Loss oninvestmentassets|8|-|(712)|(712)|
|Net movement infunds||(3,032)|4,632|1,599|
|Fundsbroughtforward1January2022||27,514|105,388|132,902|
|Funds carried forward 31December2022||24,482|110,020|134,501|





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||Notes|2023||2022||
|---|---|---|---|---|---|
|||||£|£|
|Fixed Assets||||||
|Tangibie assets<br>investments||3,127<br>11,781|14,908|2521<br>12.065|14.586|
|CurrentAssets||||||
|Debtors||26,239||36,471||
|CurrentAssetinvestments||||20,691||
|Cashatbank and in hand||46,363<br>72,602||83.937<br>141,099||
|Creditors:amountsfailingduewithinoneyear|11|(19,618)||(19,783)||
|NetCurrentAssets|||52,984.<br>67.892||121,316<br>135,902|
|Creditors: amounts falling due ever one year|12||||(1,401)|
|NetAssets|||6‘7,692||134,501|
|||||=||
|Funds||||||
|RestrictedFunds-EducationBudget<br>Unrestrictedfunds|13||7,443<br>60.449||24,482<br>110.020|
||'14||67.892||134.501'|





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|1.4|<br>Expenditurerecognition(continued)|
|---|---|
||-Governancecostsincludethoseincurredinthegovernanceofthecharityandareprimarilyassociatedwith|
||generalmeetingsofthecharityandcompliancewith legal requirements.|
||lrrecoverabieVATis chargedagainstthe expenditure heading for whichitwas incurred.|
|1.5|Supportcosts allocation|
||Supportcostsarethosethatassistthe work of thecharitybutdonotdirectly represent charitable activitiesand|
||includeofficecosts,governancecosts,andadministrativepayrollcosts.Theyareincurred directlyinsupportof|
||expenditureontheobjectsofthecharityandincludeprojectmanagementcarriedoutattheprincipaladdress.|
||Where supportcostscannotbedirectly attributedtoparticular headingstheyhavebeenallocatedtocostofraising|
||fundsandexpenditureoncharitable activitiesona basis consistent with useoftheresources.|
|1.6|Tangiblefixedassets|
||Tangiblefxedassetsarestatedatcost(ordeemed cost)orvaluationlessaccumulated depreciation and|
||accumulatedimpairmentlosses.Costincludescostsdirectly attributabletomakingtheassetcapableofoperating|
||asintended.|
||Computer and other equipment<br>25% straight line|
||Fruit display stand<br>20% straight line|
||EducationVehicle<br>25%reducingbalance|
||Nodepreciationhasbeen provided on the Society's Cupsasintheopinion of thetrusteestheresidual valueof|
||thesetangiblefixedassetsareinexcessofthebookvaluesassupportedbyaninsurancevaluationundertakenin|
||2013.|
||Allassetscostingmorethan£100arecapitalisedandthedepreciationischargedona monthlybasisfrom|
||acquisition.|
|1.7|Investments|
||investmentsarerecognisedinitiallyatfairvaluewhichisnormallythetransactionpriceexcludingtransaction|
||costs.Subsequently, they are measuredatfair value with changes recognised in‘netgains / (losses) on|
||investments’ in the SoFA ifthesharesarepubliclytradedortheirfairvaluecanotherwisebemeasured reliably.|
||Otherinvestmentsaremeasuredatcostlessimpairment.|
|1.8|Debtorsandcreditorsreceivable I payablewithinone year|
||Debtorsandcreditorswithnostatedinterestrateandreceivableorpayablewithinoneyeararerecordedat|
||transactionprice.Anylossesarising fromimpairmentarerecognisedinexpenditure.|
|1.9|Creditors due over one year|
||Creditorsdue over one yeararestated without interestorother charges.|
|1.10|Tax|
||Thecharityisanexemptcharitywithinthemeaningofschedule3oftheCharitiesAct2011andisconsideredto|
||passthetestssetout in Paragraph 1 Schedule 6 Finance Act 2010 and thereforeitmeets the defnition of a|
||charitablecompany forUKcorporationtaxpurposes.|



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|||||||
|---|---|---|---|---|---|
|INVESTMENTINCOME||||2023|2022|
|||||E|£|
|Bank Interest||||928|314|
|Dividends inlistedinvestment||||702|681|
|||||1.630|995|
|EXPENDITURE|Staff|Direct|Support|||
||Costs|Costs|Costs|2023|2022|
||E|E|£|E|£|
|Charitable activities||||||
|Showandcompetitionexpenditure|-|111,749|74,100|185,849|146,043|
|Handbook expenditure|-|250|-|250|250|
|Educationprogramme|34,732|14,324|208|49,264|39,840|
|Administrativecosts|32.383|-|-|32.383|23,190|
|Total expenditure|67,115|126,323|74,308|267,746|209,323|



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|4|SUPPORTCOSTS|Show and||||Total|Total|
|---|---|---|---|---|---|---|---|
|||competition|Handbook|Education||2023|2022|
||||||||£|
||Printing and stationery|453|-|~||453|782|
||Telephone|1,638|-|-||1,638|1,210|
||Postage|123|-|-||123|292|
||UnitStorageforshowEquipment|1,854|-|-||1,854|1,345|
||insurance|3,331|-|-||3,331|3,124|
||Offce expenses andmileage|858|-|-||858|1,257|
||Computerandinternetaccess|2,756|-|-||2,756|2,302|
||Websitecosts|400|-|-||400|875|
||Professional fees|37,347|-|-||37,347|15,400|
||Otherexpenses|500|-|—||500|287|
||AdministativeSupport|8,001|-|-||8,001|-|
||BankandCard MachineCharges|105|-|-||105|-|
||Donations|-|-|-||-|729|
||Depreciation of computer and other|||||||
||equipment|925|-|208||1,133|3,735|
||Governance|||||||
||Meetingcosts|2,914|-|-||2,914|2,586|
||Honorarium|-|-|-||-|1,000|
||Professionalfees|2,874|-|-||2,874|710|
||Bookkeeping support|6,741|-|-||6,741|4,934|
||independentexamination|3,280|-|-||3,280|1,775|
|||74,100|-|208||74,308|42,548|
||STAFF COSTS|||||2023|2022|
|||||||£|£|
||Wagesandsalaries|||||66,143|47,011|
||Social securitycosts|||||-|-|
||Pensioncosts|||||972|448|
||||||W||47,459|
||||||=|||



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|7|TANGIBLE FIXED ASSETS|Cups|Computer Fruitdisplay|Computer Fruitdisplay|Education|Total|
|---|---|---|---|---|---|---|
||||and other|stand|vehicle||
||||equipment||||
|||£|£|£|£|£|
||Cost||||||
||Costat1 January2023|1,479|1,886|22,787|11,472|37,624|
||Additions|-|1,739|-|-|1,739|
||Asat31December 2023|1,479|3,625|22,787|11,472|39,363|
||Depreciation||||||
||Depreciationat1 January2023|-|1,330|22,301|11,472|35,103|
||Chargefortheyear|-|647|486||1,133|
||Asat31December2023|-|1,977|22,787|11,472|36,236|
||NetBookValue||||||
||Asat31 December 2023|1,479|1,648|-|—|3,127|
||Asat31December2022|1,479|556|486|-|2,521|
||Assets held under hire purchase obligations||||||
||NetBookValue||||||
||Asat31 December 2023|-|-|-|-|_|
||Asat31December2022|~|-|-|-|-|



## 

||||
|---|---|---|
|INVESTMENTS|2023|2022|
||£|£|
|Investments(M& G Charifund)|||
|Market valuea t 1January 2023|12,064|12,776|
|(Loss)lGain on Investment|(283)|(712)|
|Market valueat31December2023|11,781|12,064|
|Historicalcostat31December 2023|1,253|1,253|



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|||||
|---|---|---|---|
||CURRENTASSET INVESTMENTS|2023|2022|
|||£|E|
||Nationwide BuildingSociety-95dayNotice|-|20,691|
|||-|20,691|
|10|DEBTORS|2023|2022|
||Tradedebtors|21,900|29,598|
||Otherdebtors|-|3,000|
||Prepayments|4,339|3,874|
||Otherdebtors|-|-|
|||26,239|36,471|





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|11|<br>CREDITORS:amountsfallingduewithinoneyear|<br>CREDITORS:amountsfallingduewithinoneyear||||2023||2022|
|---|---|---|---|---|---|---|---|---|
|||||||£||£|
||Tradecreditors|||||5,785||12,820|
||Othercreditors|||||-||518|
||PAYE|||||1.064||689|
||VAT|||||1,708||1,129|
||Pension|||||378||150|
||Accruals|||||9,402||2,400|
||Hirepurchaseobligations|||||1,281||2,077|
|||||||19,618||19,783|
|12|CREDITORS:amounts falling due overoneyear||||||||
||HirePurchaseobligations|||||-||1,401|
|||||||-||1,401|
||Hire purchase obligations||||||||
||withinoneyear|||||1,281||2,077|
||intwotofve years|||||-||1,401|
|||||||1,281||3,478|
||||||=||—|—|
|13|RESTRICTEDFUNDS|At||||Transfer||At31|
|||1stJan||||between|December||
|||2022|income|Expenditure||funds||2023|
||2023|£|£|£||||£|
||Educationprogramme|24,482|32,225|(49,264)||-||7,443|
||2022||||||||
||Education programme|27,514|30,934|(39,840)||5,874||24,482|



## 

|14|ANALYSISOFNETASSETSBETWEENFUNDS|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||Funds|Funds|Funds|
||2023|£|£|£|
||Fixed Assets|3,127|-|3,127|
||Investments|11,781|-|11,781|
||Current Assets|65,159|7,443|72,602|
||CurrentLiabilities|(19,618)|-|(19,618)|
|||60,449|7,443|67,892|
||2022||||
||FixedAssets|2,521|-|2.521|
||Investments|12,065|-|12,065|
||CurrentAssets|116,619|24,482|141,099|
||CurrentLiabilities|(19,783)|-|(19,783)|
||Long Term Liabilities|(1,401)|-|(1,401)|
|||110,021|24.482|134.501|





THE MARDEN FRUIT SHOW SOCIETY CIO (MFS8}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
IS RELATED PARTY TRANSACTIONS
Th8r8 were related party transactions in the year, Chris Morris, Treasur8r, is the CFO of Avalon Fresh Ltd.
During the year Avalon Fr8sh Lld paid £10,675 to Ihe So¢i8ty12022.- £10,675) in respect of sponsorship. Al
31 Decemb8r 2023 £5,000 wa8 owed to the Soci8ty12022.. £10,675)
Miss S Calcutt, as Executive Chair, received paymenl in 2022 of £15,400 and ￿nt In 2022 of £520.
16

THE MARDEN FRUIT SHOW SOCIETY CIO {MFSSI
MANAGEMENT INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2Q23
Show Compètition
2023
2023
Handbook Education
2023
2023
Total
Total
2022
2023
Income
stand r8nl
Sponsorship l Donatsons
Dinn8r
Misc. Show Income
Education oiher show4
8ndbook incomé
99,142
39,599
12,835
3,000
99,142
80.024
12,835
3,000
2,600
100.972
86.771
16,071
3.000
2,000
10.800
29.625
2,600
154.576
10.800
32.225
197.601
208.814
Expendlture
Wages
Rent of building
eating, lighbng and Sound
S&curily
Rsgislrdlion and IIGkets
C81ering
Sundry hire costs
Other expenses
Advertising
Dinne.
Prizès
Prinung and dislribution
Materia15 & sample5
Casual laLioJr
Travel &Subsisien¢e
Ven Costs & HP Int8test
Sundry
34,732
34,732
23.000
24.269
22.500
14.595
2.872
23.000
14.953
3.578
3,578
2.165
2,565
23,002
15,154
11,696
231
2,396
2,565
28,046
15,154
11.696
8.850
250
1.848
6,109
2,816
2,177
3,085
161,055
2.821
2464
24.046
9,488
13.642
10.524
250
506
10,035
2,020
2,746
1,014
',43.792
5,044
8.85Q
250
1.848
6,109
1.105
2,'.77
3,085
49,056
1.461
50
97.574
14.175
250
Contribution to surplus
57,002
3.3751
12501
36,546
65.022