| Page | ||||
|---|---|---|---|---|
| Trustees' annual report (incorporating |
the director's | report) | ||
| Independent examiner's report |
to the | trustees | ||
| Statement offinancial activities |
(including income and expenditure |
|||
| account) | ||||
| Statement offinancial position |
||||
| Notes to the financial statements | ||||
| The following pages do not form part |
ofthe financial | statements | ||
| Detailed statement offinancial |
activities | 18 | ||
| Notes to the detailed statement | offinancial activities | 20 |
| Registered | charity name | charity name | Gosforth Agricultural | Society | ||
|---|---|---|---|---|---|---|
| Charity registration | number | 1176889 | ||||
| Company | registration | number | 10735714 | |||
| Principal office and registered | Field Croft | |||||
| office | Carleton | |||||
| Holmrook | ||||||
| Cumbria | ||||||
| England | ||||||
| CA19 1YT | ||||||
| The trustees | ||||||
| Mr F Gate | ||||||
| Mr J L Park | ||||||
| Ms M Pratt | ||||||
| Mr 8 N Tyson | ||||||
| Mr J Nichol | ||||||
| Ms L R Strand | ||||||
| Mr C A Fawcett | (Resigned 17 February 2023) | |||||
| Mr R ASibbald | ||||||
| Mr A P Lowery | (Resigned 17 February 2023) | |||||
| Independent | examiner | lan Scott 8A(Hens), | FCA, DChA |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| ffate | E | E | E | E | |||
| Income and endowments | |||||||
| Donations and legacies |
5,022 | 5,900 | 10,922 | 50 | |||
| Charitable activities |
22,535 | 22,535 | |||||
| Investment income |
3,243 | 3,243 | 1,740 | ||||
| Total income | 30,800 | 5,900 | 36,700 | 1,790 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 8,9 | 32,967 | 1,067 | 34,034 | 3,209 | |
| Other expenditure | 11 | 100 | 100 | ||||
| Total expenditure | 33,067 | 1,067 | 34,134 | 3,209 | |||
| Net income/(expenditure) | and net | ||||||
| movement in funds |
(2,267) | 4,833 | 2,566 | (1,419) | |||
| Reconciliation offunds |
|||||||
| Total funds brought | forward | 96,041 | 96,041 | 97,460 | |||
| Total funds carried | forward | 93,774 | 4,833 | 98,607 | 96,041 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | f | f | |||
| Fixed assets | |||||
| Tangible fixed assets | 15 | 54,917 | 50,698 | ||
| Current assets | |||||
| Debtors | 16 | 500 | 1,200 | ||
| Cash at bank | and in |
hand | 50,390 | 44,499 | |
| 50,890 | 45,699 | ||||
| Creditors: amounts | falling due within one year | 17 | 7,200 | 356 | |
| Net current | assets | 43,690 | 45,343 | ||
| Total assets | less current liabilities | 98,607 | 96,041 | ||
| Net assets | 98,607 | 96,041 | |||
| Funds ofthe | charity | ||||
| Restricted funds | 4,833 | ||||
| Unrestricted | funds | 93,774 | 96,041 | ||
| Total charity | funds | 19 | 98,607 | 96,041 |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| E | E | E | |||
| Grants | |||||
| CCC grant | received | 4,835 | 4,835 | ||
| RWM grant received | 5,900 | 5,900 | |||
| Other donations | and legacies | ||||
| Charitable | donations | 187 | 187 | ||
| 5,022 | 5,900 | 10,922 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | |||
| E | E | E | |||
| Grants | |||||
| CCC grant | received | ||||
| RWM grant received |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||
| E | E | f | |||
| Other donations | and legacies | ||||
| Charitable | donations | 50 | 50 | ||
| 50 | 50 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | |||
| f | f. | f | ||||
| Trade stalls | 3,062 | 3,062 | ||||
| Entry fees | 2,141 | 2,141 | ||||
| Gate and catalogue | income | 17,332 | 17,332 | |||
| 22,535 | 22,535 | |||||
| Investment | income | |||||
| Unrestricted | Total Funds | Unrestricted | Tota I Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| E | f | E | f | |||
| Bank interest | receivable | 18 | 18 | |||
| Field rent received | 3,225 | 3,225 | 1,740 | 1,740 | ||
| 3,243 | 3,243 | 1,740 | 1,740 |
| Expenditure | on charitable | activities | by fund type | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| f | f | f | |||||
| Gosforth show | 30,183 | 214 | 30,397 | ||||
| Support costs | 2,784 | 853 | 3,637 | ||||
| 32,967 | 1,067 | 34,034 | |||||
| Unrestricted | Restricted | TotalFunds | |||||
| Funds | Funds | 2021 | |||||
| E | f | E | |||||
| Gosforth show | 2,308 | 2,308 | |||||
| Support costs | 701 | 701 | |||||
| 3,209 | 3,209 | ||||||
| Expenditure | on charitable | activities | by activity type | ||||
| Activities | |||||||
| undertaken | Total funds | Total fund | |||||
| directly | Support costs | 2022 | 2021 | ||||
| f | f | f | f | ||||
| Gosforth show | 30,397 | 3,637 | 34,034 | 3,209 | |||
| Analysis ofsupport costs | |||||||
| Analysis of | |||||||
| support costs | |||||||
| activity 1 | Total 2022 | Total 2021 | |||||
| E | f | E | |||||
| General office | 3,467 | 3,467 | 702 | ||||
| Finance costs | 170 | 170 | |||||
| 3,637 | 3,637 | 702 | |||||
| Other expenditure | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2022 | Funds | 2021 | ||||
| f | E | f | E | ||||
| Donation | 100 | 100 |
| Freehold | Plant and | Fixtures and | |||
|---|---|---|---|---|---|
| property f |
machinery | fittings 6 |
Total 6 |
||
| Cost | |||||
| At 1November | 2021 | 44,750 | 2,877 | 4,578 | 52,205 |
| Additions | S,686 | 5,686 | |||
| At 31October | 2022 | 44,750 | 2,877 | 10,264 | 57,891 |
| Depreciation | |||||
| At 1November | 2021 | 236 | 1,271 | 1,507 | |
| Charge forthe | year | 118 | 1,349 | 1,467 | |
| At 31October | 2022 | 354 | 2,620 | 2,974 | |
| Carrying amount | |||||
| At 31October | 2022 | 44,750 | 2,523 | 7,644 | 54,917 |
| At 31October | 2021 | 44,750 | 2,641 | 3,307 | 50,698 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| f | f | ||||||||
| Trade debtors | 1,200 | ||||||||
| Other debtors | 500 | ||||||||
| 500 | 1,200 | ||||||||
| Creditors: amounts | falling due within one year | ||||||||
| 2022 | 2021 | ||||||||
| f | f | ||||||||
| Trade creditors | 6,000 | ||||||||
| Accruals | and | deferred | income | j.,200 | 356 | ||||
| 7,200 | 356 | ||||||||
| Deferred | income | ||||||||
| 2022 | 2021 | ||||||||
| f | E | ||||||||
| Amount | deferred | in | year | 356 | |||||
| Analysis | ofcharitable | funds | |||||||
| Unrestricted | funds | ||||||||
| At | At | ||||||||
| 1 November | 31 | October 2 | |||||||
| 2021 f |
Income f |
Expenditure | 022 f |
||||||
| General | funds | 96,041 | 30800 | (33067) | 93774 | ||||
| At | At | ||||||||
| 1November | 31 | October 2 | |||||||
| 2020 | Income | Expenditure | 021 | ||||||
| f | E | f | f | ||||||
| General | funds | 97,460 | 1,790 | (3,209) | 96,041 |
| Restricted | funds | ||||||
|---|---|---|---|---|---|---|---|
| At | At | ||||||
| 1 November | 310ctober 2 | ||||||
| 2021 | Income | Expenditure | 022 | ||||
| E | E | E | f | ||||
| Restricted | Fund 1 | 5,900 | (1,067) | 4,833 | |||
| At | At | ||||||
| 1November | 31October 2 | ||||||
| 2020 | Income | Expenditure | 021 | ||||
| E | f | E | f | ||||
| Restricted | Fund 1 | ||||||
| 20. | Analysis ofnet assets between | funds | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2022 | |||||
| f | E | f | |||||
| Tangible fixed assets | 50,084 | 4,833 | 54,917 | ||||
| Current assets | 50,890 | 50,890 | |||||
| Creditors | less than 1year | (7,200) | (7,200) | ||||
| Net assets | 93,774 | 4,833 | 98,607 | ||||
| Unrestricted | Restricted | Total Funds | |||||
| Funds | Funds | 2021 | |||||
| E | f | f | |||||
| Tangible fixed assets | 50,698 | 50,698 | |||||
| Current assets | 45,699 | 45,699 | |||||
| Creditors | less than 1year | (356) | (356) | ||||
| Net assets | 96,041 | 96,041 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 6 | f | |||
| Income and endowments | ||||
| Donations | and legacies | |||
| CCC grant received | 4,835 | |||
| RWM grant | received | 5,900 | ||
| Charitable | donations | 187 | 50 | |
| 10,922 | ||||
| Charitable | activities | |||
| Trade stalls | 3,062 | |||
| Entry fees | 2,141 | |||
| Gate and catalogue | income | 17,332 | ||
| 22,535 | ||||
| Investment | income | |||
| Bank interest receivable | 18 | |||
| Field rent received | 3,225 | 1,740 | ||
| 3,243 | 1,740 | |||
| Total income | 36,700 | 1,790 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| f | E | ||||
| Expenditure | |||||
| Expenditure on |
charitable | activities | |||
| Prizes | 4,344 | ||||
| Rent and rates | 7,892 | 463 | |||
| Advertising | 1,202 | 49 | |||
| Repairs and maintenance | 584 | 400 | |||
| Insurance | 1,321 | 1,289 | |||
| Affiliation | 166 | ||||
| Field expenses | 2,562 | ||||
| Judges expenses | 595 | ||||
| First aid cover | 925 | ||||
| Legal and professional | fees | 2,000 | |||
| Coffee morning | expenses | 353 | |||
| Printing, posting |
and | stationery | 3,498 | 307 | |
| Depreciation | 1,467 | 701 | |||
| Marquee hire |
1,975 | ||||
| Attractions | 1,780 | ||||
| Main attraction | 3,200 | ||||
| Bank charges | 170 | ||||
| 34,034 | 3,209 | ||||
| Other expenditure | |||||
| Donation | 100 | ||||
| Total expenditure | 34,134 | 3,209 | |||
| Net income/[expenditure) | 2,566 | (1,419) |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Expenditure on charitable |
activities | |||
| Activity type 1 | ||||
| Activities undertaken | directly | |||
| Prizes | 4,344 | |||
| Rent and rates | 7,892 | 463 | ||
| Advertising | 1,202 | 49 | ||
| Repairs L maintenance | 584 | 400 | ||
| insurance | 1 32'1 | 1,289 | ||
| Affiliation | 166 | |||
| Field expenses | 2,562 | |||
| Judges expenses | 595 | |||
| First aid cover | 925 | |||
| Coffee morning expenses | 353 | |||
| Printing, posting and stationery |
3,498 | 307 | ||
| Marquee hire |
1,975 | |||
| Attractions | 1,780 | |||
| Main attraction | 3,200 | |||
| 30,397 | 2,508 | |||
| Support costs | ||||
| Legal and professional | fees | 2,000 | ||
| Depreciation | 1,467 | 701 | ||
| Bank charges | 170 | |||
| 3,637 | 701 | |||
| Expenditure on charitable |
activities | 34,034 | 3,209 |