THE MARDEN FRUIT SHOW SOCIETY CIO IMFSS) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charlty Reglstrallon No. 1168291
THE MARDEN FRUIT SHOW SOCIEfY cio (MFSS) CONTENTS Pago Releren¢• 4nd Mm[traI9 Delails Roport ol the Tru$tfjo8 Independent Examltwfs Report Stslomonl of Flnancl81 P£UviNes 8818nce Shegl Nol¢s lo the Fln8nd#l Statements 10-16
THE MARDEN FRUIT SHOW SOCIEfY cio {MFSS) REFERENCE AND ADMINISTRATIVE DETAILS Pr•sld•ftt Cathfrrff Pai¢e TruJt• C Sewf- Chalr olTru810•'$ R Miichell- VK4 Chalr C Morrts J Blackman K Kellthèr A 8wdsby H+)Mry Chalr S C•1¢1{ Resign•d April 2024 cIrman N Bardslty l•d W 2024 Chht Ex•cuUw Offlcer S Ftsn•gaft R•slgr& 2024 Manag•r E H•ffenden Appoiiw April 2024 Trnasuror Events & Coordlnator R Heather R•dundan¢y Aprfl 2024 Educatlon 0ffl¢or M Hout)sell ing Officer Prfn¢ll Addres3 45 Sl Lukes Road Kent ME14&4S Indèpond•nt Exaffllfw E Act4wnlin9 Ltd 62 Robson Driwè Hoo. Rochesler KenL ME3 9EA Bankws PO Box 250 Skelmersdalo WN8 6wr Natknrrhldo 8ukl¥ry So Pwr Way swINk SN38 Ilhv
THE MARDEN FRUIT SHOW SOCIETY CIO (MFSS) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 310ECEMBER 2024 The TNst¢es present their oport and examlmd fina481 51atements of tho Sotioty for th• yoar ended 31 December 2024. Thè Trustees hav8 adoF4ed tha provisk)n8 of the Statemanl ol RecmTrY••J Pracbc8 (SORP) "A¢¢ountkng and ReportiNJ by Chariii¢g' (FRS 102) kn preparlng annual fem ano financlal Shrn8nts ol the charity. The financial statements have been prepared in ac¢wdanc4 ith im accounting policK95 sel out In note 1 to the finandal $talements and compty the SocJeVs governing documenL Iho chari11 kl 2011 and "A¢¢ounM9 and Repoits'iig by Charrt: Slalom•nt of RecommerrtS8d Pr8Ct 8ppltcth lo charbtss Pf¢p•rfn9 Ihdr a¢£ounts In 4cc<>rdance Ilw Fln•nd81 R•wUng St•nd•rd applicabb In UK •nd Ropubllc ol IMIAnd IFRS 1021" (Offoly8 1 January 20191. Obl•ctlv•o and acuvltles The ¥lm8 01 the sOty arn io Nncle lh• snC d agthllufo. acUlture, hOalltUre. and th• slorA9e. pa¢kaglng and morketirg of fruiL to hohj an annual FnJFI Shvw. lo hokl orKI promob publk shm, to run and promo1& open and Olher c4)mpetilons In any ol tho ¥ubJ'e¢ts. and to 8ward proo8 for rneril and exrAVance. AJ$o. lo promole the fnjil se¢lor and edu¢•t8 thildren and othe Publlc bongllt $tatoment Tho TnJste05 confim they have referred to tho gutdanc8 ¢onthkd kn the Charty Commtsskni's genernl gukl8nc4 on publk benefit wthen revitrdryn9 Iho Sodetys awns and oblectrns. Busln•u Revlew •nd fultsro dèvelopm•nts We present to you our accounts fer 2024. Our bltylary slructures. tMIMss plan and Iho lireless Yrk ol the Ing Voluntee supported by stsff ol socw produced an exceptional Shr desplte unforeseen tsftavoklab challenges. We woh to thank our treUler. Chrts Morris and our bookkeeper Liz Knkahl who have a$5ts1ed us in Ihe prepafation ol these rewts. We ara Into lenlh decad• Naikjnal Fwtt Shtyv. siwrb'ng th8 UK Fruft Irhlusty. bringko new lechnokngy lo thg lore and SI•5(4 Ihg very best of tknt grX. P(esenbng a mr shvwcase o18rtssh Frui( p prwd ot the laryest dbplay of competTbon IruiL Over lh& lasl dede haye added school age edaOn to the engww chIren frc¥n eaty through to kwi sta9e four Irbcludlryj offerin9 adbice on careers <l¢cision. We are also the r19ewatiM of consumers dod6 maktrrs in al il take5 to 1 gteal Brib$h fruil to their hand. The maln 5ponsorn lor the 2024 Itnan¢lal year efo Hulchlnvrt. One Pay and NP &ymour. All our sponsors are key playets wthln the UK fruil IrKlusty and they pro guldanco lo the Ch8Er and la¢iMala trOduCtIOnS1O polentièl new partnws. As ahmys afe indebted Io Our sponsor5 *ilhout wthom Ihe •dminlstrat5on ol thg sotsety would not progrnss in such a smooth mahnef. Wo are also m0519rateful to an ol th¢ 5W)s9rn vtho ensurg that all oknfflgnls ol the show are suppNled by thek 9enorous supprt fof the compelition. Iho Pffjsldenfs breakfast and the Trophy presenlaum and rBcepUon. l•lJhiist the d•liv8ry 01 ts 2W23 had tw) a succ. WAllor nwnbtrrn lthv thus dtsappolnting for •xhibilors. Urf0fwnaty, rfj also teft In 8 dlsappolnting fffiatMI positth lor so¥1 reJsons vthich Induded hlgh staffing costs. Therefore dilf1¢ decislons needed to be made and reassass th• leasiNity of Iho show alon9 1h Qui slaffing stru¢lure and roS85. In light of thL8. Rachel Heathof took Voluntsry R•JundBncy and r0 no longer able lo r))nbnuo vAth S$lty Flana94n's role 05 CEO. bth Glood d¢Yhn at the AGM on 171h W" 2024. We havo bwi Very grateful for Ihelr unw8vertrKa dedka16Dn arKI Support of the So¢lety and Show. At AGM ther• a number ol personrwl changes: AnOr•w Tbnsbey siood as Ch4lf of th¢ TnrJl•05 vlth C181fO Seymour el•¢ted In rW8cem•nL Roberl Milcheu fjlected VKe¢h•lf on tho TnJstea8. Cojh) Bird retired frtyn the Tm$tees and Chrfs Morts eledad kn m. Sarnh Calcirtt slofyj down as ExecutN• Chalr •nd N69ts1 Bard$kny elected rjew Chalmwn.
THE MARDEN FRUIT SHOW SOCIETY CIO {MFSS) REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 310ECEMBER 2024 Bu8ln•88 Revlew and futurg developments (¢ontlnued) Following an evaluation of Ihe VA)rt and rotes requifed vllhln Ihe SoGtety have recruit a Marden Fruil Show Socloty Manager, Eileen Haffenden Vdho had previousty %wrked for Ihe Sodety wilh fanl3sllc knovledge on efficlenl managomenl and operation alon9slde vasl understanding ol the Snduslry. We h3ve also enllsied addillonal valuable volunteer helpers. A new Management Team Ivas sel ol Ihe Chair and VKe Chair - Nigel and Annette 8ardsley. the Treasurer Chrls Morrfs. Eileen Haffenden Ihe MFSS Manager and Chair of Ihe Truslees Clre saAou[. Durfng revlew ol the Show il was opled lo scale back to the roots of Ihe original fruit compelilion and Irade exhlbFtlon show. removing the conference and dlnnef, move lo a one day show on a smaller dynamic scale in Just one exhlbltlon hall al the Kent County Show9round. As a result of the changes Imemented. we were dell9hled lo hold a vbi fanl and busy 2024 show. The hall Wds full ol exhibitors and the industry supported Iha evenl and tumed out on m85s. Edeen Haffenden had worked tirelessty lo ensure a srnoolh. Iwoyant and successful Show. The Show was opened by the NFU Presklenl. Tom Bradshaw who gave a thoughfful and emolive sp8eth aboui the new govemmenl and Ihelr manmesto regafding food security and polf¢ies. Fee(Iback has beèn wholty positfve of the changes and the relnvlgorated Show and we Intend on lollowg Ihe same Slrnlegy for 2025. Our Pre6idenl, Calhellne PaN%. CtInueS lo be a helplul Positive guhye and iTrflUe on the sodety . The MFSS CIO Board of Tfustees elecled ai the 2024 AGM is as folh)ws- Claire Seyrnour (Chair). Robert Milchell (Wice Chalr). Anneile Bafdsley. Chris Morris, Kathleen Kelliher and Jonathan Blackman. Budgets: The Management Team have a sharp vtdlch over Ihe rUnnH and operaiions costs and endeavour to scrutinr4e al all points, ensurfng w¢ have an acLurate and vlable budgel to ntInue Ihrs important industry SUPPOrt. Flnan¢lal revlèw Income for the period amotsnted £141.994 (2Iy23 . £201,419), ol Ihis £20,855 (2023: £32,225) is consK1ed restflded funds. Expenditure amounled to £133,474 {2023: £267,746) Thls has resulled in a surplus of £8,520 (2023 . Ioss £68.327). We received moniès for an lost Irophy insurance daim of £829), aking with a gain on Ihe investment of £307 (2023:10s5 £283). resultsng In a lolal surplus ol £15.117. Total funds at 31 Decembèr 2024 amounted lo £83.QJ9 {2023'. £67.892). R•ierv• pollcy V+lhllst th•18vel of reseplos had falkn due lo the loss In 2023. we ar8 pleased lo have reported a posltlve ¢hang8. Reserves 8131 Dmber 2024 amounted lo £84,653 (2023.. £60,499). Our Polty Is to hold approximalety £120.Iy)o In Resefyes whl¢h would run the show for one year and alm lo reslore thal over Iho nexl three years. Our Chadlablo Education Pfogramme lost the sponsorshlp of Avalon 12023 £5,000), has Impacted Ihe rèslrlcted lunds.Resulllng in a negatNe lund of £1.844. Additional Incorne has been found and continues to be sought for 2025 lo support the Programme and rebtsitd Ihe Restricted fund5.
THE MARDEN FRUIT SHOW SOCIETY CIO (MFSS) REPORT OF THE TRUSTEES FOR ThE YEAR ENDEO 310ECEMBER 2024 Gotng eon¢em Tho Trustees af• pBsod lo loport thot follolw tho Strah9y W in hav• dr•si•lty Yoduc•d our operniing c0518 and art kn o much more posltr¥ti posit6on The Iruil grvrtryng indusby ha$ had a ¢halknglng lew years. along vnih 8 reduclng number ol gfQthtts 011 bul beIve tha Industy ts sthbtrislng and there is still a valhl place and rnquiremenl for th• Show. Thè Educal#)n Programme Is a lan5 resourc4 vAth onlhu$lasU¢ knthd9eabkn staff. hrMev•r fundin9 aThJ donallons has be¢crfT a nCern ond an ale8 n¢ed to manag•. Workshops are no kjnger free arKI Ctn'bU00ns are requesied. The Trustses cw4hler tho k6y managomvnl of th• drity to In charye of dlrecllNJ 8rt1 cJJnlffjlBng, runnkn9 8nd op8ratiNJ Ihe chaity )n a day to day basls. Th• koy managemenl pernonnel vrtlo are involved In all dèclslon making end respon11b for Iho day lo dby fflanagemènl of th• charity Is Ms E Haffenden. Thg day to day bookke8ping Is conwbgled by Ms S Saurthrs. All TNstees gi thelr time Irqoty and no Trustee re¢eiv¢O remunera1k In tho year. Slaff pay15 8nnu811y. Rl8k polScy Th8 Tru$lee8 arn avraro ol dlsqulol aboul ts fvlurB prospects for the Industy and Supplrn and the pottnbal effe¢l ol this on Ihe Sh(M. We [18 lo bo responsNe and lo aflapt lo Iho changes within th¢ industy we rapra8onl The Charity. t•thich is regL8tereO with Ihe Charity CommMlon under nwber 1168291. 18 e6tsb115hed under a CIO sodation dated 16 Juty 2018. Ai 31 De¢ember 2016 8¥ ol Ihe &ts and li8115 [8 trarkslefred to Ihe new cio. GovemJnc• and managenwnt The Trustees ofTh8 Matden Frnil Sodety alg rnsponsible fw Ihegener81 control and ManagnI01 the rlng the perfod tho Tntslees ofthe charily. C Seymwr (Chaler5) J Blacknian C Morfis K Kelliher A Bardthy
THE MARDEN FRUIT SHOW SOCIETY CIO {MFSS) REPORT OF ThE TRUSTEES FOR THE YEAR ENOEO 31 OECEMBER 2024 Truste08' fmpoftslbllltles Tho T83 arn Trsponstrjkn for fftring Tru8le•g' Annual Report 4rn1 tho finanelal slaltmenis in acwrdancé with applkable law 8nU Unltod Ktngdom AoJyJntyw SWKtsrds Iunlbj Generalty APtOd k¢ounbry PraclkAI Th6 appkable to th England & Wth requlf¢S tho thBtegs lo prepare finanrAal stsknents lor each fnarKa81 year vthkh 9fv0 4 tnje 8TrJ f8lr lW of tho Stslo ol affalrs ol tho chanty aThJ ol tho InrnIng le1¢5 and appOn ol r•source8 01 tho th•fty br thal Frfod. In kyeparkng thanoal 8tolemenl8. tho trusle8S alè requlr8d lo. - Select suitable 8¢¢ounllng Po?9 and then thom c•s¢•n. - obsorv• malfiods and piinopTes In Chaiitm SORP 2015 (FRS 102>.. - make •rJ estsnates that are reasonable and prleft - siaie vthoth4r appk•bb ac¢ountirKd slandwdj ha been 101knd. subJe¢i lo ory malori81 dgparturos dlsdo8qd nd exp141tied in th¢ finand81 statements,. . pwp&re th& tlnandal st8twthts on the wng conctm unles8 tt h fftWiropiiat• la presum ¢hartly WIU cont1n. The Tfuslefjs arn respon8kn for koeptr F¥oper th•1 dlsdos• vAth 10asonab a¢4Jrow any the fi&81 poth of Ihe arKI enablg them to ensurn that tho ffin8ndg1 statemenls compty wilh tho chan1$ Aei 2011. th8 char (unIS and Reports) Rogulalions 2(YA aNJ th8 prowslons of tsusl deed. T aro also responsw for $4f•guarding lh• as60ts of Ihe charlty and heneo for tak reasonab59 s for th provenbon and det•clion offraud and othor trwularib8J. Approved by Trus* aThd on Ihelr tsehawby. Mfss C Seymour c1r gfTnMte•'s Dale.. 3110312ff25
THE MARDEN FRUIT SHOW SOCIETY CIO (MFSS) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on tho accounts of tho dwilty for the year end8d 310ecambor 2024 lch aro sel out on pages 7 to 16. R•sponslbllld•$ and ba•18 of rèport As the chArity Trusteos of tha CIO you aro fesponsible for tho preparallon of the a¢¢ounts in accordance vAth th• requlrements ol tha Charitles Act 2011 Cthe Acl.). I report In respact of rny exarnlnabon ol Ihe CIOI a¢¢ryJnls carrfed out under 8ecllon 145 01 the 2011 Act and In carrylng out my examlnation I have followed all Ihe applkable Dlre¢llons given by the Charfty Commlsslon under secllon 146151(b) of the Acl. I have compleled my examlnallon. I confimi Ihat no matter8 have ¢offl& to my attenlion In conneclion wllh the examln8lbon glvlng me cause io belleve Ihat In any materfal respect: l. ac¢ounls records wer8 nol kepl In respect of the TnJ5t as requlred by s8cUon 130 01 th8 Ad: or 2. the accounts do not accord wih th059 records: or 3. the accounts do not compIy wlth lh8 appllcable reqUIrnents ncernIng Ihe forn and Conlent ol accounts set out Sn the Charilies (Accounts and Reports) Regulallons 2008 olher than any requlrement that the acUnts give a InJa and lalr view whlth Is not a matter ¢onsiderad as part ol an independenl axamlnation. I hava no concems and have com8 across other matters In cnnnecllon ryth the ex8minaUon to whlch 8ttenUon should bo drawn In Ihls report In order to enable a propor undgrstsnding of Ihe accounts to bo reaehad. C L Baker FCCA 1st April 2025 CE Accounllng Ltd 62 Robson Drive Hoo St Wert)ur9h Rochesler Kenl ME3 9EA
THE MAROEN FRUIT SHOW SOCIETY CIO (MFSS) STATEMENT OF FIPIANCIAL ACTMTIES FOR THE YEAR ENDED 310ECEMBER 2024 Reslrlcl•d Unr•strlcted Funds Funds 2024 2024 Total Total TOTAL Fundg 2024 Totsl TOTAL Funds 2023 Totsl Not Income from: DonaUon8 and ltyacl•s S.618 5.618 11,479 Charlt•bl8 actfvltl•• Sht)w and compeliuon In¢4me Educ8t#)n progrnmme Inc 118.$8 118,568 15.182 165.376 18.146 15.182 RalJSng funds". Membership subgcrykn 8j donalions Inveslmonl inethn& Auclion donations Educatlon Show Income Toial Incomo 1.832 739 2.188 739 20.855 121.139 141,994 201.419 Expondltura on: ChBrltable acUvEiles Show and c4mpBtiiTh eXTAnOitu Handbook eyndituie Educalion wogr Aministralwe ¢osts Donations Madg Total frxpendlture 97.052 97.OS2 185.849 250 49,264 29.942 29,Y2 6.480 6,480 29.g42 103.532 133.474 267.746 Net Inc¢)md(•xppndltur•) bgforn traMf•rn (9.087) 17.607 8.520 186.327} IMur•nco Incom• 6.290 G•In1(Lo) on Inv•stm•nt Ms•ts 307 307 1283) N•t MO•nt In fttnd• (9.087) 24.204 15.117 166.6101 broughl IoThMrd 1 Janu•ry 2024 7.443 80.449 67.892 134.501 Funds carrl•d lorward 311)ec4ml)•r 2024 67,892 All transactn$ •re dorived firAn continuing a¢tsvtts. Jl recognlsed gnS dEO$se3 ar¢ InLo ift the St•lemgnt ol Finoncl *lpAtw.
THE MARDEN FRUIT SHOW SOCIETY CIO IMFSSI STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 OECEMBER 2023 R•gtrfcl•d Unrnstrfcted Funds funds Tolal 2023 IoM• Irom: Donailom and l•g•cleJ 11.479 11.479 ctabl a¢tlvllles Edu¢atlon pr(¥ramn Ino)rM 165.378 165.376 18.14S 18.146 Ral$lng funds: Member6hlp sub5cWns •nd donalion8 Inveslment incom8 Auclion Dona16ons Edu¢aUon shcw IncM)o Total Incom& 2.188 2.188 31225 169.194 201.419 Expgndhurn on: Charftable 4¢U¥ltl•s Show and compotitlon eyndrture Handbook eyndiiufe Educadon prograrm Imini5tratiY8 costs Donations Made T¢)lal oxpèndlturo 185.849 250 f85.849 250 49,264 32.383 32.383 49264 49.284 218.482 267.748 Nel Incomellexpenrfrture) befo GairV{Loss) on Investsnents (17.039) {49.288) 166.327) GaIn1L5 on Imi•stment •M•ts (2831 {283) N•t mov•m•nt In funds (17.039) (49.5711 (68,6101 Funds broughl forrd 1 January 2023 24.482 110.020 134,501 7,443 80.449 67.892 1 tron8actsn8 •r• derived Irom ¢onUnuww a¥¥. All galni and rosses ore Indutsd Sn the Ststamtrnl of Flnanraal Pdvhiol.
THE MARDEN FRUIT SHOW SOCIEfY cio (MFSS) BAIANCE SHEEr AS AT 3q DECEMBER 2024 2024 2023 T8nglbla 858ets Invo$trwis 2.517 12,086 3,127 11.781 14,805 14,908 CurTont AsHt• O•blors Cutrgnt A¥1 In¥estm•r Cash al bart Ind in hand 10 15.461 S01 69.951 85.933 26.239 21.039 26.324 72.W2 Cr•dltors: omoun16 falling duo wRhln >•ar Not Currnnt Ass•t8 17.529 19.818 52.984 67.892 Crgdttorn.. amounls f8Ufflg dua on8 12 N•iA•8• 67.892 Fund• 13 {1.644) 14 60.449 67.892 pproved by tho Boartt ol Tnote88 on Ih Aprt 2tr25 and 8lgne¢l +Jn thek beh81 by.. If Ms C S•ymaw Thg notes on pages 1010 18 form olujosfr accounts.
THE MARDEN FRUIT SHOW socIErY cio (MFSS)
NOTES TO THE FINANCIAL STATEMENTS
FOR TrIE YEAR ENDED 31 DECEMBER 2024
I ACCOUNTING poucies
1.1 6asls of pr•paraUon
The Mardon Fruit Show Sodety CIO IMFSS) Is a ro9181orgd charfty In the United Klngdom. The atldres8 of Ihe
roglsl•r•d offK 18 9l¥en In the dwrity infomiation ¢Jn pege 1 01 th8$0 fmawal slAtoments. TM natrJr¢ of the
charivs opeM16ons and Pmcipal activths arn lo promots tho $dC•S of a9riuJllure and athiicullufe.
portiGulaty In ¢onnedion thith thè produdion of better fruit.
The finandal 918tsmonls hbve b••n yopared k+ with th8 SodeVI 9werrdrvd dw4KMnl •nd
"Accounting R•wting ty Chaiit'. Stslemenl ol Reo)mmènde
THE MARDEN FRUIT SHOW SOCIEf( cio {MFSS) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 ACCOUNTING POLICIES ICONTINUED) 1A Exp•ndltur• r•eogAltlon (contlnuod) . Go¥ernanc costs Ind1& th050 Incurred In thè gts¥efftanc4 cf chanty arKI arn primalty assocl•ted vrilh genernl ffieellngs 01 the charity aThJ compls•r)c• vith legal Tequlrem8rTrls. IVrable VAT Is chargod jgalnst the eXlIvI8 headNIg lor {ch ttwas In[re(l. 1.5 Support ¢Ml• •llo¢•tlon Support eosls are lho that osslsl Ihe ol the charity but do not dir8 represeni charith0 acfvi¥es arml Indud• +thca cosls, 9ovem8nr costs. and 8dmlnL8tratr49 Pay eosls. They arn Incuffed dlrrttty in support ol eywndliurn on Ihts Ob ol the charity arKI Include proJect man8gemont carnd out al Ihe prlncipal addre Where support costs unnol be dwecty attrt>utsd lo partwlar h•adings h8v8 1)Ben lo cosl ol f4ising 4TrJ expOlIU10 on Charitabh athiU8s on 8 tsa$ conslsléni LNe of the resources. 1.6 Tongllkn flxad Tangbiè fwl assels wo staled al c051 (or deemed cosll Of valuatKffi lo$5 acgjmulated dewaeiaiion and &C131ed Impalmwnt lo55 Cost Inckths coals dwe¢tty a1tr6butsblè to mathg the 8ss61 cabI ¢1 operaiing as Inlonded. Computsr and other eqkmwnenl Fruit display sland 25% slrnh3ht kn• Ed[atiOn Vehk 20% 51faghl line 25% reding balan No depfeo•tion has been wovkled on Ihe Societys Cups as In the wnion of Ihe trustees the tssidual value of these tsngiN8 fued 85sets a(e n excess ol the book vahR5 as stjpported by an insurance valuation undertaken in 2013. l assets morg Ihan £1Q) arn cats116ed and Ihe depredaiion 15 charyed on a monthty basffj from acgui51tio 1.7 Invesknents Investments rec4>Jntsed Initially al 13k value thkh Is nonnalty tho transa¢tion price dUd6rd wans8dion costs. Subsequentty, thay Jfe moasured al lalr wdjue rylh char$ rew3iused In 'n619alns l (losses) o Investments. In tho SOFA rf the sharns are publsdy traded ¢1 thelr fak value can be measuréd reliaw. Other Invgstrmnts qre ftwsurnd at cost less impaknwiL 1.8 Debt¢)rn and ¢r•dltorn rfulvable I payabh vAthln on• year Deblots and cred¢torn Thryih no stalod inleresl fate re01vae Qr payable withln one yéar afa recorfed 81 piice. AAY kA60S 81islty from Impalm)ènt arn Trcognl¥od lft expondllur•. 1.9 Crndliorn du• ov•r on• y••r credtt due o¥•r ¢)ne yfrar arn slalad withoul Inbmi t¥ 011 ch•ryes. 1.10 T•x Th• ¢hBrity is an exwnpl charity wilhln m?anlng ol scheduk4 3 01 Ihg ChWi$ Act 2011 and Is consbJered lo pa Iho lests 601 out In Par•gfOph I Sch•Oufe 6 Flnaneé Art 2010 at>a thgrnforo It rn¢015 tho dofinltion ol charilable company for UK cl)n tsx purposes. 1.11 Employ•• b•n•llts The charity a d¢finod contribulon pl•n lor tho benefft of its emplDyw$. Contr*ut5ong are exponsed as they bewno payablg. -11-
THE MARDEN FRUIT SHOWSOCIETY CIO IMFSSI NOTES TO THE FINANCIAL SYATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2024 1 ACCOUNTING POLIUES {CONnNUEDJ 1.12 Golng t•nG•m èxlsL Tho INsleo¥ h95 the IMI ofknnds 8r#J ffApe¢t•d f•¥d ol p4vJ ur• lor g nth9 frryn 1.13 Judg•m•nts ar ol •rtlmit14)n une•rt•lnty r¢fitsi tsJ)dithx the •s¥ts. See iitits 9 ¢orwrfJ of th• ptaol 8r¥J rfywnl. ro¥J nol& 1.6 fr the 2 INvesThiENTINCOME 2024 2023 928 71Y2 1.630 739 J EXP£NtMTURE DlTrcl Cots support 2023 Cth•rll•bl• qclfvld•• 49.&K8 47.216 97.052 IBS,849 250 49.284 32.383 19.328 10.813 29.942 6.480 Tolal •xwndllu 25.808 60.449 47.217 133.474 267.746 12-
ThE MARDEN FRUIT SHOW SOCIETY CIO (MFSS) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 4 SUPPORT C08TS Shty• and com11159 H•ndbo•k Eduullan 2024 202J Prhitirvl sl•tlDw Tolcpho 453 1.81• 1.819 123 1,854 3.331 85 2.756 400 37.347 8.501 105 Unit Sl¢)fWI lor shw Ewyn•rt Insur¥nc• Olfice exp•M •nd fflM•• Computerand Inl•rW 4¢¢¢ Websits ¢t> Pfoles&onal leos Olher eypgns95 8ath and Cbrd Ma¢hkng Clw Donattons Dep(eciation •fo>nWer fAlr Equlrrfheni Go¥emance Meeting cosls AGM Honornrfwn Prof¥sstonal fees BookkeeptrKd SUPPOrt 2,043 3.449 2.043 3.449 5.830 3.083 19.995 763 19.995 763 610 1,133 3.351 3,351 2,914 2,874 6.741 3.280 74.308 2.392 950 47.216 2,392 47.217 S SfAFF COSTS 2024 2023 Waoes and uJéiieJ Soclal seW cosls Pens6M $ts 6,331 66,143 149 972 67.115 Tha 8verng• MtY of stsff In I ¥r•S 1 (2023: 4). No member olitaff e4med morn than W.000 duthJ the >Wf12023: N. TM total am¢yJnt of em0>0 s•l•ry •yl bth)efls ffjcthd by koy fflanagtyrn pwsonnel Is .' £26.W12023: £54.7W}. Saty FnI98n was aF•oknted as ceo ¢n * and vms W £7.615 f2023.' E37.34n. Salty Ft¥Mgan left Ihe show al the end OIWI 2024 Elleen HOffer was appotnled as Marden Fruit Show Manonger In Aw¥ 2024 •n • SLth4Ythdor ba•& and wa6 pald £12.48012023.' NI} M•ndy HtyJi8eU os Edlson olficttwas W £18.047 {2023: £12.1591 • YRIISYÉÉ9 AÉ•AVIIERATION ANO EXPEII3E8 In 8¢¢Ml•nce fA4th nwffl•l pracl¢• ¢h•nly hm ych•s•d Irwanw to wol•¢l TnJsie•$ •nd offlcois from fJalm$ •ttslw from M9lvJeni •cts. or offlsjlons ocvJfflr4 th1$1 on ¢h•rfty Intsln05s. Tho w$1 of Ihl$ Insura was.. £1.41112Q23: £1.4111. 13-
THE MARDEN FRUIT SHOW SOCIEff CIO IMFSS) NOTES TO THE FIIIANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 7 TANGIBLE FIXED ASSETS Cup8 Computer Fnth dl•pl•y Eduealk+n •nd oth 8t•nd v•hlcl• •oulpm•nl Totsl CMt Co¥1 al 1 January 2024 4ldltions Olsposats As ai 31 December 2tr24 1.479 22.787 11.472 39,363 1.479 3.02S 22.787 11.472 39.363 O•pr•cl8110Th o0wedatk ai 1 January 2024 Charye for ye41 4 al 31 Dec¢mt•r 2024 1.gTI 610 2.$87 22.787 11.472 36.238 610 22.787 11.472 Not Book Valu• A3 al 31 Oec•mbw 2024 1.479 2.517 As è131 Deenber2023 1.479 3.127 The ty are used for chaiitsblo FUPOW 41 th• Fnrt Shw PA fthpeblloft. Thè c¢mwtsr and olher equ1 are ftsr admktslrnkn Fwoses. One ol Ihe p5 has been lost a$ a dalm Wds mode rm V lWafi. Thts Is wnEsed as excewi¢)nal on the SOFA 8 IIIVESThIENTS 1024 2023 In¥tMOnts tu a G ¢hllundl Martet vakn al 1 Jar•Ary 2023 (LoyGaIn on InVes1ThnI Mrkgt Val at 31 0Mr 2Q24 11.781 307 12.088 12,064 283 11.781 H191 It 31 Dewnber 2024 1.2S3 Th2 falr Val of fol•d Is dèièffntr by lo tha vak fv al 31 Dember 2trL4. 9 CURReNT AssEf INVESTMeNTS 2024 2023 21.039 21.039 10 OEBTOR8 Trnde deblorn 2024 2023 21,900 P(vp•ymenls VAT 1.075 2.397 15.481 4.339 26.239 14-
THE MAROEN FRUIT SHOW SOCIE CIO (MFSS) NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENOED 31 OECEMBER 2024 11 CREOITORS: rjnIS > 2024 2023 5.785 PAYE VAT Pmsb) Ac¢wals 1,700 378 9.402 1.281 19,81 12 CftEOITORS: •mouftl• falMNJ du•ortr ¢)n• y•af 17.5 1.281 1.281 lo fiv• 1.281 1.781 13 RESTrICTEO FUNOS Al l•lJ•ft 2023 Trtn•l•r Al31 Dec¢mb•r 2024 Expondllw• lund 7.443 20.855 2023 24.4J2 31225 149.264 7.443 Educallon pto•rnmm• 14 ANALYSIS OF NEfASSETS 8EfiiEEN FUNIX% Tt)lal Fund• Fundo 2024 Fynd• 2.517 12.oa8 87.577 117.5291 2.517 12.08J S,933 117,$29) Cwrenl {1.644) 84.6$3 202J Inv43th)ttrtls cwrnrtiA cr1 3.127 11.781 6S.159 fP.816 3.127 11.781 72.602 19,618 7.443 60.449 7.443 67,892 15-
THE MARDEN FRUIT SHOW SOCIETY CIO (MFSS) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15 RELATED PARTY TRANSACTIONS There were related paty iran$aclions in the year, Chris Mwbs. Treasurer, is the CFO of Avalon Fresh Ltd. Durlng ihe year Avalon Fresh Ltd paid £850 to the Society (2023.. £10,675) in resped of sponsorship. At 31 December 2024 £0.IXI was owed to the Society (2023.. £5.000) Claire Seymour. Chalr of Trustee's. Is a direclor and PSC for NP Seymour Lld. During the year NP Seyrnour paid £7,CpJQ (2023: £7.otM)> in respecl ol sponsorship. Jonathan Blackman. Trustee, Is an Employee of HL Hutehinson Lld. During the year HL Hulchlnson pald £7.OC4) (2023 . £71300) 16-
MANAGEMEKf INFORMATION FOR THE YEAR ENDED 31 OECEMBER 2024 Show Compotltlon Ed4K•Uon 2024 2024 2024 Tol•l 2024 Totsi 2023 In¢+)m• Siand renl Spthtyor•hlp I l)OThall¢ Oénner Mls¢. Show Income Edu¢atlon olfw show duutlon ¥wj$1 78.846 32.109 78.848 80.402 99.142 80.024 12.835 7M13 ss 55 ?20 139.423 2.PJ)O 110.955 7.613 20.855 197.801 Expondltur• Wagfjs Rent ol tx*kllr Hea. lfjhtifvJ arKI souThI 19.328 19.328 14.410 11.990 1.938 34,732 23.CQO 14.953 3.578 14.410 11,990 1.938 Reglstrallon arwj CateANJ Sundry hlra co•ls Olh8r•xpe5 Ad¥ti$lj Dinner Prizes PrinUrwJ •rbJ dlstrilx Maleiiats & sampkng Casual lat)our Travel &Sub51sl•nce Van Cosls & HP Intertsl Surythy 1.872 1.872 2.306 2.565 28.046 15,1S4 11.696 4,467 7.027 8.510 6.510 250 1.848 6,109 2.616 2.177 3.085 161.055 669 6.056 24S 29,1 245 79.T17 40.76S 9.070 Contsl)ution to 5wpfus 70.189 1.45