CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01.01.2023 Perlod start date To 31.12.2023 Period end date Charity name: THE DAIRY FESTIVAL Charity registration number: 1184981 Objectives and Activities SORP referen¢¥ Para 1.17 Summary of the purposes of the charity as set out in its governing document To improve standard of agriculture & horticulture in Somerset and surrounding area by promoting improvement in breeding of livestock with a promotion and organisation of agricultural show. Offering 8ducalional opportunities based on a struggling dairy farming industry and local agricultural related aclivilies. Summary af the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the Iruslees have had regard to the guidance issued by the Charity Commission on publi benefit Par8 1.17and 1.19 A festival over 4 days once a year with agricultural shows, displays and farm animals. W8 also have Irade stands complimenting local farming for families and holiday mak8rs P8r8 1.18 Thé trusl8es acknowledge the guidance issued by Ihe Charity Commission and follow any instruclion and regard to the commission Additional information {optional) You ma choose to include further slalemenls where relevant about.. SORP reference Pgrn 1.38 Policy on granl making Para 1.38 Policy on social investment including program related investmenl Para 1.38 Contribution made by volunteers Other Achievements and Performance SORP reference Since the start of th8 charity, we have in our plan to hold a 4 day fesllval every JulylAugust, this is the second year that we have b8en able lo host the Festival following the COVID restrictions. It was a very successful event on the Weston super Mare Sea Front Beach Lawns where we had 10,163 visitors spr8ad over the 4 days. We were able to host different displays lo include, milking some cows, a calf parade, calf feeding demonstration and clipping. Each demonstration was busy with visitors walchlng the stag8 area where the livestock were and som8 of the evenls were so popular that we are looking lo increase the number of demonstrations that we have naxl y68r as well as including further machlnory demonstrations. Summary of the main achlèvéments of th6 charity, identSfylng the difference the charfty's work has made lo the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Addltlonal Informatlon (optlonal) You ma choose to include further statements where relevant about: Achievemenls agalnst objectlV85 set Par8 1.41 Performance of fundraising activities against objectives set Pam 1.41 Investment performance against objectives Para 1.41 oth8r Financial Review R8view of the charity's financial position at the end of the period Para 1.21 This is the second event, since our charity status, following the pandemic and we are pleased to say that it was a big success with over 10,000 visitors (local and holiday makers) coming to our festival to learn all there is to learn about agrlculture and farming with live demonstrations on a stage in front of crowds of people at each desi nated time slot We will look to re-invest the reserves made from this event back into Ihe event as we look to hold this event every July or August in the same place, lo which we have already submitted our applicallon lo North Somerset Councll £22,049 Statem8nt explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held P8rB 1.22 Reasons for holding zero reserves Details of fund malerially in deficit Explanation of any uncertainties about the charity cont1nulng as a golng concern Para 1.22 Para 1,24 Para 1.23 Addltional informatlon loptlonal) You ma choose to includ8 further statements where relevant about-. The charity's principal sources of funds (including any fundraising) Phra 1.47 Investment policy and objectives including any social investment policy adopled Parn 1.46 A description of th8 principal risks facing the charity Para 1.46 Other Structure, Governance and Management Description of charity's trusts.. Type of governing document Par8 1.25 Constilution How is the charity constituted? Para 1.25 By Appointment Trustee selection methods including details of any constitulional provisions e.g. election lo post or name of any person or body entitled to appoint one or more trustees Parn 1.25 By Appointment Additional information (optional} You ma choose to includg further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Pera 1.51 The charity's organisational slructure and any wider network wlth whlch the charlly works Par8 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charil name Other name the chari uses istered charit number Charity's principal address THE DAIRY FESTIVAL NIA 1184981 Clo Puxton Park. Cowslip Lane, Hewish, Weston super Mare, BS24 6AH Names of the charity trustees who manage the charity Dates acted If not for wholo ear Trustee name Offl¢e111 any) Namo of person lor body) entllled toa oint trustee if an ALISTAIR MEAD ANNE-MErrE JACOBSEN RONALD CATCHPOLE 10 12 13 14 15 16 18 19 20 Cor orat9 trustees - names of th8 dlr8Ctors at the dale the re Dlreclor name ortwasa roved Name of trustees holdlng title to property belonging to the charlty Tru$t¥è nam• Dalès acted Sf not for whole Funds held as custodian trustees on behalf of others Descriplion of the assets No assels being held held in this capacity Name and objects ofthe charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additional information {optlonal) Namos and addresses of advisers (Optional information) Typè of Namo Address advlsar Namo of Chlef executlve or names of senlor staff members {Optlonal Informatlon) Exemptlons from dlsclosure ersonnel details Reason for non-disclosure of ke Other o tional inforrnation One of our trusteos has unfortunately decided to resign from the posltlon so we have needed to acquire a new Trustee, Anne-mette Jacobsen who will remain In Ihe post for the remalnder of tho year Declarations The trustees declare that Ihoy have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Position (eg Secretary, Chair, et¢) Mr Alistair Mead Chair Trustee Dat8 18.10.2024 **The Dairy Festival** Independent Examiner’s Report to the Trustees For the Year Ended 31 December 2023 ## **Independent examiners report to the Trustees of The Dairy Festival** I report to the trustees on my examination of the accounts for The Dairy Festival (“the charity”) for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the 2011 Act”). I report in respect of my examination of the charity’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 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not comply with these records 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. .................................... Michelle Ferris BSC (Hons) FCA DChA Albert Goodman LLP Chartered Accountants Goodwood House Blackbrook Park Avenue Taunton Somerset TA1 2PX Date: 28 October 2024 CHARITY COMMISSIO FOR ENGLAND ANO WALE Thfj Dairy F&*ilval 11849B1 ts and ments accounts CC16a For the pèriod from 0110112023 Tg 3111212023 Section A Receipts and payments UnTestri£tsd lunds Re5tr1Gtgd lunds Éndowfflont funds Total fund5 Last y•ar th• toth• n04rA•tt A1 RocBi ts F￿lIv05G8loR0￿Y1g Trad8 Sland Incoffle anSOTshi Income 17A76 6A70 .250 6,99$ 2•.2$0 900 96 98 2.76B Jos J.128 ross incorne or AR) 53.553 rwa8 mon Tot•lr•¢olpl$ 4a,118 41,118 S3.853 5,333 3.580 )3S 3.$48 2,653 874 700 C.vqTrt Cos SIO¢M purch•￿3 1200 430 J20 43D L￿Onc1S CYhqrf.hit)o*Ch Cl•Bnlnp Unilom Pr•ml&es E S•cunly e05 1,258 1,2Sg 666 1273 1.18J 545 8pnM Ch Chorfl ODnBlknE AcruunianwF•IS 213 2.QQQ 27J 2,000 guo Sub lotal 43.011 43.011 A4 Asset and 5nvoÉtmant Sub tolal Totalpaympnts 43,011 43.111 31,911 Net of recelptsl(payments) A5 Transfpvs b&tW8*n fundts A6 Cash fvnds lastYg4T gnd Cash fund5 Ihis year end 5,107 S,107 16.942 16.94Z 2Z,049 22,049 1fj,942 CCXX Rl auoun¢¥ ISSI 1611012024 Section B Statement of assets and liabilities at the end of the period Unrfrstrlcted funds tu nq4rp1tÉ Restricted funds to nMI¢$¢£ EndDWment Jnds Cic t8gorio5 Bl Ca8h fund6 C4sh kl b*nk*Thd in h$nd 22￿45 Tolal ¢ash funds 22,049 Unr•8trt¢t8d funds tts DtaT•St£ R•stslctg lunds Endowment frjnds to neaTVS1£ tOffto•r•it Pwdtowhl¢h CurMThtvilu• Bj Inv•stm•nt ai¥•t8 Fund t4 whlch D£tEIls B4 A$8•t& retalnod fortho ¢harlty'• own u•• FuThd tv which Whondu BS Llabllltlo$ Accourntsncy UnrewrfEgd gQ zf Sl9ned byone or on b¢h•K¢lalllhetrust2es S￿an￿l￿re Prfnl Name Dale of roval Isialr Mgad 23 ne4A¢tte Ja¢ob5en 10 CCXX R2 ac¢owts Issi le11012￿4