Charity rnglstration number 1182B36 Company vegistration n￿nber 107814TO (England and Wales) PENISTONE AGRICULTURAL SOCIETY LTD ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 PENISTONE AGRICULTURAL SOCIETY LTD LEGAL AND ADMINISTrATIVE INFORMATION Councll MrMRI￿Wr Mr N Hoyland Mrs P M Atsop Miss J Ckgg Mrs P Basham Mr N Woodhams Mr B Meek (AFPC￿Ited 21 Novamber 2023) Charlty numbfrr 1182836 Company number 10781470 Registered office Biwjge Street Penistone s￿ffie South York4¥re S366 IndopMd•fit •xamlner Shiwn Limrted k ChwT*)er$ Stre8t Huddersfie&l HD1 2EW PENISTONE AGRICULTURAL SOCIETY LTD CONTEKrs CouncAI's rewt Slatewngni of Counc*s wespunsiMIrt*s Indepen(Jent examu*rf$ rwt Slalemenl of firwiial adiiAbe$ BalarKe Sheet Not￿ to Ih& financial slatenw 8-17 PENISTONE AGRICULTURAL SOCIETY LTD COUNCIL'S REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 The Counul y8senl thèir annual r8port and ffinancial slalemènts th• yw ended 31 Decemb8r 2023. The final￿al stateTh￿nIS have been prepared in accordance with the a0￿untIng set oul in nole I lo the financi* state￿ntS and comply with Ihe Sooety's goveming docwnenl. the Comp￿¢e$ Acl 2(K6 and 'AccounliThJ and R¢portiThJ by Charilies: S￿￿M￿nt of R9¢OnN￿¢￿ Pra¢ti¢¢ apt4i¢ablo to charrfie$ tw¢paring Iheir accounts in a¢￿￿dance ￿ the Fmanryal Rep￿l¥j Stsndard applicab￿ in the UK and Republic of Ireland {FRS 102). la5 amended for a(xx)unling pwtods commencing from 1 January 20161 Oblectlves and aclfvltles The Soaaty's objects are lo promolo advance agri￿11￿? and hLYtKxthU￿ for benefit of Ihe publi¢ in Peni$lone and 5wrounding areas by hold1￿ exl¥bilions and dasse5 of breediThJ aNI other stocJ(. agricultural implemenls and suth other dasses, displays and exhibrtions connected with a￿lCUlture. horticuNure and the shcw as be deterniined by the trustees.. thereby encoLwaging thll ￿¥j ￿dUStry in agriculture and in allied trades. craft and professtcms ujnnected with the rural economy. . to make such grnnts 8nd to wsttted th￿111￿5 and ¥cAuntary cAyank￿ll0ThS that beneffil the pubbc in Penistone and surrouThkng areas, a5 trustees shal from b.me lo time determine. to make such grants that assist resrdents in P8nistone and thg surroundin9 areas to further Iha education in t￿8$. ¥o¢alions. and profess￿$ linked lo a9ricul¢ure. h0rtKLkn1￿ or otlw trades cLx)necled Its Ihe rural e¢on(¥ny. Ihtough wnisgd trainv)g by indiv*Juab or educational estsblishments. To this end the Swety hcAds an annual one4ay agrIc￿tL￿al Sh￿ and sUPPOrts and w(Yks *ryih a number ol local charitable organisations to enable it to bring the show to the publK. The Councrf have due rega￿ lo gi¥d•￿e is8￿1 by Ihe Ch8rty CoMmiss￿)n Mi deuding what acti￿lieS Ihe SorAety should undertake. A¢hl?vem•nts and p•rfomian¢• The definitety "had his hat on" for our 15(Mh sh￿. We re*ly apprecaale everybody wtho came despile Ihe heat from Ihe wsitors to Ihe 8xhibitors. animals. traders. and $pr￿s0￿. Since the Irailet fire18le in 2021. we have iwi l(¥lvnate lo be￿rrt from addrtK)fbal sloiage lacylrtTre5 prowded by our supporters., bul wrfh the extension of the exi51ing hard staN*ThJ on Ihe show fiekl we ale planning lo enhance our on-site facilrties rea¢ty for the show ￿ 2024. The wish to record theii gratitude to our teams of Volunteers over the years who have made our show happen 150 limes and knk fowrd to Ihwr support kn making txjr 1514 sh(￿ bigyer and bètter Ihan ever. FIna￿[al review The lolal income for the year amounted lo £235.075 and re50Urn%5 expensed ￿ Ihe ye81 amounted to £214,822 resulting in a nel surplus of £20.253. This compares wilh the wevicwjs accounling period from 1 January 2022 to 31 December 2022 which showed income of £218.723 aThJ ￿$oL￿ces expended of £179.246 resLlting in a nel suwlus of £39.477. We were pleased lo support Iw21 ch￿tIeS wlh discounted and free trade stands al Ihe show from our dÈsign*ed fund and havin9 taken wilo aCcA￿l except￿￿ itèms for thè yÈar the iruslÈes have agreèd a further £1,349 be sel aside for the designated fvrKI In 2023. T￿S lav81 of reserves has b88n fnainlaiwj Ihrouglmwt thè y•ar. 11 is the policy of the Society Ihal unreslwKted ft￿d5 Twhith ha￿ not been deS￿naled for a speLific use should be maintained al a level equNalenl to belween three and six month's expenditure. The Council consider that reserves at this level will ensure that, in the event of a s1gnff￿nl drop in lun(ling, they will be able to conlinue Ihe SocJ'ely'$ wrrent activiiies while consideralion is g*ven to ways in whth addl￿nal funds may be raised. Thi$ level of reserve$ has been maintained throughoui the year. PENISTONE AGRICULTURAL SOCIETY LTD COUNCIL'S REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The Counal have assessed Ihe rna1￿ risks lo vthich Ilk Society is exposed. and are salisf*d that systems are in p*e lo mitigate exposure to Ihe majrK rtsks. Structure. governanc• and m#nagement The Society Is 8 registered charty and was 20 May 2017 as acx>mpany limited by guarantee and hawng no share capital. The Counol. who are also directors for the puwose of oynpany law. and Wr￿ served thjring thè year ano up lo Ihe dale of signature of the ffinandal stslemenis were.. Mr M R Oliver Mr N Hoyland Mrs P M Alsop Miss J Clegg Mrs P Basha K4r N Woodhams Mr B Meek (Appinted 21 N0￿Mber 2023) In a￿)rdance wrth the Artw*s ofAssociation. any pers￿ who is wilkry lo a(a as a director. and is permtited by law lo do so. may be appointed lo be a dyed￿.. {al by ordinary resolulion,. or (bl by a decision of th& dir8dors: or A person ¢e88es lo be a director 3$ soon as", (al by virtue of any pro¥&ision ol CA 20C6 or is prth'bite(l from being a tjredcff ty law.. or Ibl a bankruptcy order is made against that person- or (cl a composition is made with thal person's ueditors generaly n satisfaction ofthat person's debts., or Idl a registered medi￿1 praetilioner wtho is treatiNJ Ihat persc#i gi￿$ written opinion lo Ihe ¢ompany Ststing that thal peison has ben ol the Soc4ety's financial $talèmgnts ¢aftied oul under seclion 145 of Ihe Charilie5 Aca 2011 (the 2011 Aell. In Carrywig out my examinalion I have folowed aH Ihe app&Cab￿ DweCamy￿ gr￿• by the Charty CcrfnmissK)n urtder section 145151(bl of Ihe 2011 Act. Ind&pend•nt •xaminerf8 8tatern•nt I have r￿m￿leted my examination. I confrni Ihat no mailers have rrn lo my attent*)n in eonnecb.on wilh the exanNnation giwng mè causÈ lo beleve ihat in any m*erial ￿SpecI.. ae£ounl'ng records We￿ nol kept in respect of the Socièty as req￿ed by seclion 386 of 2Cth Act.. or the finanaal stalemenls do not accord with I￿se rec(ffds', or the financlal statements do not ￿[l￿ty wrth the xcountThJ reql1ren￿nl$ of section 3% of the 2Cth Act other th8n any requirement that the a¢o)unls gr¥e a In* and fair whth is not a matter consideco(l as part of an independent examination", or the finanoal sialemarrts have not been prepwed in acco(da￿ with the methods and prin￿p￿S of tho Statement of RewnmeThJed Practice acc(￿￿ting repNt¥)g by c*arities apph"¢abl¥ to Charitiès preparing their a¢￿￿1$ in accordance with the Financial Rewling SI￿dard aFvli¢ablo in Ihe UK and Republic of Ireland IFRS 102). I have no c(m￿rn5 and have c(#ne across no other matters in conn8Ctw)n wilh thÈ examinat￿n to which allent￿n should be drawn in this report in order to enable a proper ￿r$￿nding of the finanryal slatements to be reachèd. son Wood Llmlt•d Bank Chambers Market Stre8t HuddersT￿Id HDI 2EW Dated= 18 June 2024 PENISTONE AGRICULTURAL SOCIETY LTD STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEAIBER 2023 Unrtstricted Unrestrleled fvnds funds Gènèrnl Dosignated 2023 2023 Total Vnvestricted Unr•stricl•d funds funds G•n•ral Deslgnated 2022 2022 Total 2023 2022 Notes Incom• and èndowmènts from: Membership fees and sponsorship Charilabl8 activitiès other income 335 179,097 39,291 224.681 224.661 179.097 39.291 Tot•1 In¢om& 225,275 235.075 179,432 39.291 218,723 ndl Charitable activ￿•s 10,953 214.822 172.218 7.028 179.246 Net incoming resourc befove tran8fenB 21.4( {1.153) 20253 7.214 32,283 39.477 Gross tr￿Sfer5 between ftjnds {1.349) 18501 850 Net Income for yearl Net movement In funds 20.057 20253 6.364 33.113 39,477 Fund balan￿ al 1 Januwy 2023 153,749 43.840 197.589 147.385 10.727 158.112 Fund balancès at 31 D•cembÈr 2023 173.8 44.036 217.842 153.749 43,840 197.589 Th¢ stalement of f￿anCIal adM￿S incknes all gains and losses rely)￿NSed year. The stalement ol fin*Kial adiwlies Inrjudes ￿1 galns and k>sses In the year. Al income and expgndilvre derive from continukng acbvilE3. The slalemènt of ffinanaal actiyltles *0 with the requirements for an incxime and expènditure account under the Companies Aet 2(W. PENISTONE AGRICULTURAL SOCIETY LTD BALANCE SHEET AS AT 31 DECEAIBER 2023 2023 2022 Fix•d ass•ts Tangible asset$ Inveslmonls 10 11 54,482 62.955 54.483 62,956 Curront assels Debtors Cash at bank and in ha￿1 12 223 170.867 1.240 144.478 171.tml 145,718 Creditorn: amounts lalllng du• wlthln one year 13 7.731 11.085 Nel current assets 163.359 134.633 Total assèts l••s current Ilabllilie¥ 217,842 197,589 Th¢ (und$ olthe Society Unrestricted funds- general Unrestricted funds- designated 173.8C 44.036 153.749 43.840 217.842 197.589 The company is enlilled lo the exemplion fr(￿ the audit ￿ul￿ement contaThd in s8Cti(m 477 of the Cornpanies Act 2006, for the year ended 31 December 2023. The directors ad(nowledgÈ thÈir ￿￿nsItXIknes ￿ conwlyirvj the Tequiremenls of th8 Ccfflpaniès Act 2006 with respgcl lo a￿U￿ting reoyds the preparath)n of finanejal ststemenls. The members have not rewired th? compwy to obtain #n aurfrt of its r￿JaI slalom￿15 ts the year in question in accordance with seclion 476. Thes8 finan¢ial $tsternenls have been prep¥ed in a¢¢tyda￿* wth the wowS￿S applicatAe lo Companies subject lo the small Companies regime. The financAal slatements ￿re approved by the Cound on 18 June 2024 Mr N Hoyland Trn$teo Mr N Woothams TnMt•• Company registrath)n nwnber 10781470 (England and Vlales) PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAI8ER 2023 Accountlny polkl•s Charity infornialion Penistone Agricullural Society Ltd 1$ a wiv81e ts)rnpany ￿￿￿ted by gwantee incorw)rated in En9land and Wales. The regislered office is Bwvjge Street. Pen￿ne. Sheff*kl. South Ycrfkshire. S36 6AJ. 1.1 Accounllng ¢onvention The financial $lalements have been Prepared in accordance ￿ the SOCIet￿s govèrnin9 document, the Companies Act 2006 and "Accounling and Repcrtlx￿ ty Charities.. Statement of Recornmended Practice appllcable lo charities preparing their in accordance wrfh Ihe F￿anCIal Reporiing Standard #ppli¢able in Ihe UK and Rep￿11¢ ol Ireland (Ffts 102)" (as amended for accounting periods wnmenryng frorn 1 JanU￿Y 2018). The Soriely 15 a Publ￿ Benefil Entity as deffin￿ by FRS 102. Thè Society has taken advantage of the prmish￿ ￿ ¢he SORP for ctharith?s appI￿.￿j FRS 102 Update Bulle1in 1 nol to prepare a Stalement of Cash FkN5. The financaal slat8m8nts art prepared n slerfry. wtiich 1$ the ojrrry of Society. Monetary am%)unts M) these fin8nc4al slalements ¥e rounded lo the neares1 £. The ￿anual slatem&nts have been ￿pa￿d under Ihe cost convention. The princyal accwnling polirAes adopled arg set out below. 1.2 Golng ¢on¢em Al the of appro¥irvJ the finanaal slatements, the CourKal have a reasonabl• exp8ctatKJn that Ihe Society has adequale resour¢xs lo continue in operalion81 existence for the foresèèable future. Thug ihe Council M)tinue lo adopl the gory concem basis of ac£ounlry in wewng Ihe financi￿ 51atew*nls. 1.3 Charltabkn funds Unr8StricJed lunds are available for use at ts th"SL¥etion of the CO￿ in furtherance ol their tharitatle c*JI8Cti￿s. Dasi9naled fund5 0)mwise fund$ have bpen se¢ aside al the diScre￿n of the Councl for spocific pwposes. The purposes and uses of the thslgr￿ted ar8 set in thè notes to the financial statemtnts. Restriejed lurKls are subieci to W)8tyfK (x)ndrtK￿s by donors of grantors as lo how Ihey may be usg(l. The purposes ond uses of the reslri(aed hJrKls are sel out in the ncw￿l to govèm fin#nci81 and opernting po14cips ol the enlrty so as lo obl8￿ beneffts from ts 8cb"vibe$. 1.8 Impalmiont of fixèd as•èts At each reportiThJ end dale, the Soo¢ty the cawrying arTKKW￿s of rt5 ta￿1b1￿ assets lo determine whether there is any indic*ion that Ihose asse15 have suffered an iryairmenl loss. If any Such indicatKJn exists. Ihe rÈ¢overable amtsunl of the assei is eslimated in order lo determine ihe exient of Ihe impairment loss lif any). 1.9 Cash and cash equlvalents Cash and cash equivalents inclLKJe cash in hand. deposrts hekl al call wrth barf¢s, Other short4emi liquid In￿$t￿entS with ￿lginE4 malurilies of three months or less. and bank overdrafts. Bank overdrafts arè s￿)Wn within borrowings in current liabilit￿s. PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng polle199 IContlnu•d) 1.10 Flnanelal In$trun*nts Th* Society has elected lo Ihe pffjwsions of secti￿ 11 '8asic Financlal Inslrumenl$' arKI Section 12 'Olher Financi* Inslwurnenls Issue5. 01 FRS 102 lo ￿1 of its f#)anoal lnslru￿nls. Financ4al instruments are recc*Jnised in the ScvBVs sheet *then Ihe Society bec4)m8s party lo the contraclual prowsions of in$lrwnt. Finan(ial 8ssels and ￿abil￿.eS are offset. with ihe net amounts P￿sented in Ihe ffinancial slalemenls. when there 1$ 8 leg￿lY enforceable right to set off the recognised amounts awKI there 15 an intent￿n lo setue on a net basis or to realise the asset and satue W￿¢81￿. 8asl¢ flnan¢lalassets Basic finanoal assets, wl¥d) w)clude deblors cash and bank balances, are initiaNy measured at transaebon price induding transaclion cosls and are subseq￿￿t￿ ¢arrigd al amortised cost Using the effective interest method unless the arrangernent constitules a finawng Iran5a¢tion. where the transaction is mea5UTed al Ihe present vakn of the futLwe rece¥)ts dis¢wnte(l at a market rale of ￿tereSt. Finana4 assels das5ffied as receivabl• wiihwi one year ar* not pAMNtsed. 8asi¢ finan¢lal Ilabili¢les Basic finanaal liabilil*$. including crecltors and h)ans are iniiialty recognisèd at transaction pritte urdes$ arrangement conslrtu￿s 8 financing Iransaclion, where ¢he debt instrumenl is measurgd al the present value of the lutwÈ payments th"s(a)unted al a martet rale of Inte￿${. Financial liabilities dassified as payable thin one year are not amC￿￿Sed. Debt instruments subsequgntty wied at am¢xttsed cost. using the effective interest rate method. Trade ueditois are oblyalions to pay for goods ￿ semces that have téèn a(41r￿ in thè ordirt￿ course of operations fr￿ Sup￿leT$. AmoLWrts payable are dassified as ¢urr¥nl liablths rf payment is (￿e within one year or less. ff not, they are presented as non-currenl liabililies. Tiade creditors are Tecognised initially at transaction wice ￿ subsequentty measured al aMOrti￿ cost using the elleclive ￿terest mgthod. Derecognltloft of fin*n¢ialli•bilities Financial liabilities are dereco9rMse(I S￿iety's ojntracaval obli9atsons expire or dischargèd or canceNed. 1.11 Employ￿ beneflts The cosl of any unused hdiday enlitknlenl is reco9ntsèd fft Ihè pericAI in wlwj) the employee's services are recebved. Temiination benefrt$ are re￿gnIsed immedkgtety as an expense when lh& Socaety is d8monstrably committed to temiinatè Ihe en¥)loymenl ofan emFAoyee or Io Fwo¥ile lemiinalion b*ngrts. 10- PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Memborship fees and sponsor5hlp Unr•stslettd Unrèslrided lund$ fund general general 2023 2022 Donations grfts 335 Donations and gifts Olhèr 400 335 400 335 Incom? from charltsble aclivlties Unrestrfctsd UnYestri¢t•d funds fund$ 2023 2022 Show income 224.681 179.097 Other In¢omt Unrestri¢tsd Designated funds Totsl UnYestrl¢tèd Designated funds funds g•n•ral 2022 Totsl genernl 2023 2023 2023 2022 2022 Net gain on disposal of tsngiblè fixed 8ssets Insurance daims Lottery fimd income 194 39,291 39.291 39,291 39.291 11 PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS {coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charitable actlvltlgs 2023 2022 Depre¢ialion and impawment Sh¢)w expense5 Lottery Projeet expenthiure 7,915 177,953 1,185 3,181 153,640 187,053 156.821 Granl fijnding of actbvibes lseo nolg 6) Share olgovemance cosls (see note 7) 1,8S3 25.916 21.963 214.822 179.246 An•tysl8 by l￿d unrestr1￿¢d fvnds- gengral Unrestrict8d funds- D&s¥￿81e(1 203,869 10.953 172.218 7.028 214.822 179,246 For th• y￿¢ •ndtd 31 D袢Nther 2022 Unrestricted fuThJs- general Unrestricted luThJs. D￿gnated 172,218 7,028 179.246 Show èxponses Hife ol Marquee5 Prtz8 mon8y Trophyfbadge ￿$1$ Fees Sh¢)w enlertalnmenl Hiie of equipment Printing Advertising & promOt￿n Deprèciation CateTing lunches & leas Queèn's Jubilee Evenl Expenses Repairs & Renewals 40,961 7,420 37.417 5.830 2.580 1.6 3.758 85.915 2,829 1.160 936 6.185 1.975 3.385 7.326 94,679 8,348 4,922 1,145 8,242 177,953 153.640 12- PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Grants payable 2023 2022 Grants to organisations 1.853 462 1,853 462 Support costs Support Governance costs ¢05ts 2023 2022 Legal and wofesgonal Insurar￿e Rent & rates Tdephone WKI postage Sundry other govem¥Ke Bank charges Repairs and renew 1,320 3.385 2,860 45 2.339 588 10,449 977 4.522 4,522 2,8 2.419 2,419 1.234 11.908 415 11.*)8 415 25.916 25,916 21,963 Analysed bets¥eèn Charf(able activities 25,916 25.916 21,963 Council None of the Council lor any perws (*Jnwled ￿th Ilwnl rec*Ned any rem[v￿[al￿ or beneffils trom the Soeièty during thè ye8r. Eryloyees The average monthty number of empkjyees dwing year was. 2023 Mwnb•r 2022 Numb•r The￿ were no em￿oYeeS whose ￿nUal iemLr*ratKJn was more Ihan £60.0￿J. 13- PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Tangible fix￿ assets Frn•hdd Pthnt and Flxtuveg and C¢)mput•rs aod •4ulpm•rtl fftuhgs Cost Al 1 January 2023 Additions Disposals 27.668 24,012 12.744 3.478 716 (1.0￿) 67.902 716 11.000) Al 3108cember 2023 24.012 12.744 3.194 67.618 Dèpraelatlon and IMpaIrn￿nt Al 1 January 2023 Dewe(xalion thatged in th& year Eh'minated in respect of disposals 2.578 603 1.912 1,766 1,145 (8711 4.947 9.060 1871) Al 31 December 2023 8.S81 2,51S 2.040 13.136 Carrylng amount At 31 December 2023 15,431 10.229 1.154 54.482 At 31 Decèmber 2022 21,434 12.141 1,712 62.955 14- PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Fix•d assèt inv•stm•nts Other Inv•strnents C05t or valuation At 1 January 2023 & 31 December 2023 Carrying amount Al 310g¢emb&r 2023 Al 31 December 2022 2023 2022 Othèr investment$ ¢omyise: Investmènts n subsKlia￿s 11 12 l>•btor• 2023 2022 Amounts falllng due T*lthin one year. Trade debtors Amounts owed by SLFbsidiary undertaking$ Prepayments and accnjed income 40 1.240 223 1.240 13 Crndllorn: amounts faling wiihin year 2023 2022 Det¢rrgd inoJme Trade creditors Accruals and deferred incorne 5.262 765 79) 8.91 1.389 7.n1 11,085 14 Share capltal The Society is a Company Imiled by guwantee and havN￿ no Share cawial. The lablty of each member is limited to £1. 15- PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 15 D•$lgn•t•d fund8 Th• incoma funds of tha charity indudè fon¢wng desgnated fvnd8 wh￿h have been sel aside out of unrestrf¢ted fvnds by tho trustees for spedfic purposes. At l J•nu•ry 2023 In¢omlng our¢ Rosourc•• •xpend•d Tranjfern Galng and 1088•1 At31 O•¢•mb•r 2023 Par￿n139* of profit to b8 1ss¢J•d as grants lo other organi$atl¢ns Funds towards bLMlding on show field Lottery Fund 4,311 39,529 11.8S31 <7,9151 11,1851 1,349 3,807 31,614 8,015 9,800 43,840 9.800 110,9531 1,349 44,0 Prevlou• yèar. At l J•nu•ry 2022 Incomlng RMourc•• our¢ •xp•nd•d Tr4n•l•r¥ aln¥ •nd lo•••• At31 De¢emb*r 2022 Percentage of profft lo be issued as grant8 lo other or9anisations Funds towards buildlng on show field 3,923 6.804 14821 16.5661 850 4.311 39,529 39.291 10.727 39.291 7.028 1850) 43,840 16- PENISTONE AGRICULTURAL SOCIETY LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 An4ly$l$ of n•t a¥$•ts belw•on fvnds Unrn$tsi¢tsd Unrnstrl¢tsd funds funds g•neral D•signat•d 2023 2023 Totsl 2023 Fund balancès at 31 Dèe•mb•r 2023 ¥r• by: Tan9￿1& assets Invèstmenis Current asset￿oIab1lI1les) 28.822 25.660 54.482 144.983 18.376 163,359 173.8(6 44.036 217,842 Unrestrktod Unr•8trlctsd lund$ fvnd$ genernl D•signated 2022 2022 Totsl 2022 Fund balance4 at 31 D•c•mb•r 2022 ar• r•pr•s•nt•d br. Tangible asset$ Investments Current ass8tsllliaLMlities) 33.575 124.368 10.265 134.633 153.749 43.840 197,569 17 Related party transactlons ThÈrÈ werè no dISthsab￿ related paty tran*￿tOn$ tre year (2022- none). 18 Subsidiaries These fIn￿JaI slalem&nls are sepwale Socw fuwnoal stslemenls for Penistor* Agnrwttural So¢iety Ltd. Details of the Scoely's subs•Jiartes al 31 December 2023 are as lc1k￿.. Namp of underta*v Rggistere offie• Nathre of buslne¥s cla￿ of % Held sharns held Dlrèet Indlrè¢t Penistone Agricultural Sh￿￿ EnglaTrJ Limited AgrlwKural wnusemenl aThJ Ordinary reU•at1￿ acbirithrys shares 1LN).LKJ 17_