```
REGISTERED CHARITY NUMBER: 1186093
```
## **`WILTSHIRE AGRICULTURAL PRESERVATION GROUP`**
```
REPORT OF THE TRUSTEES AND
```
```
UNAUDITED FINANCIAL STATEMENTS
```
```
FOR THE YEAR ENDED 31ST AUGUST 2022
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2022`**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Statement of Financial Position 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11
**----- End of picture text -----**
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2022`**
```
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31stAugust2022.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordance with
theFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
ToadvancetheeducationofthepublicprimarilybutnotexclusivelytheinhabitantsofWiltshire of
obsolete or interesting agricultural plant, machinery and agricultural practices of all types by:
```
```
A) Hosting annual events in order to preserve rural and cultural traditions and heritage.
```
```
B) Providing educational site visits and educational talks / programmes.
```
## **`Significant activities`**
```
ThemainactivityandsourceoffundingforthecharityistheannualWiltshireSteamandVintage Rally
whichisheldannuallyinJune.Inadditiontothis,thecharityalsoholdsmonthlymeetingsfor its
membersoftenwithguestspeakers,anannualtractorroadrunandanannualploughingmatch/ working
weekend.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
ForthefirsttimesinceCovidstruckwewereabletoruntheWiltshireSteamandVintagein2022at our
excitingnewvenueofLydiardparkinSwindon.Wehavereceivedsomeexcellentfeedbackonthe event
frombothexhibitorsandmembersofthepublic.Publicattendancewasthehighestthatwehave on
recordfortheeventandwehadavariedrangeofexhibitsincludingaflypastfromtheBattleof Britain
Memorial flight Spitfire on the Saturday and the Hurricane on the Sunday.
```
## **`Fundraising activities`**
```
TheonlyfundraisingactivitythatweheldduringtheyearwastheWiltshireSteamandVintagerally at
Lydiard Park.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
UnfortunatelydespitehavingrecordnumbersofpublicthroughthegatesattheWiltshireSteam and
Vintagerallyin2022duetoincreasedcostsfromsuppliersaswellasadditional infrastructure
requirementsofthenewsitetherallymadeasignificantlosslastyearasreflectedinthe accounts
presentedhere.Thetrusteeshavetakenactiontoreducethesecostsforfutureshowsandwe are
already seeing major potential savings on the 2023 rally compared to this year.
```
## **`Reserves policy`**
```
Itistheaimofthetrusteestomaintainatleastequalto2years'worthofexpensesrequiredtostage the
Wiltshire Steam and Vintage Rally.
```
## **`FUTURE PLANS`**
```
ThecharityhasplanstorunaChristmasroadruninDecember,andplansarealreadywelladvanced for
the2023WiltshireSteamandVintageRallyagainbeingheldatLydiardParkSwindonontheweekend of
10thand11thofJune,exhibitorentrieshaveopenedearlierthaneverbeforeandwealreadyhave a
significant number of entries across all sections.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesan unincorporated
charity.Thecharityhasproceduresandpoliciesinplaceinlinewithrecommendationsfromthe Small
Charities Coalition.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Charity number`**
```
1186093
```
```
Page 1
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
```
```
GROUP
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST AUGUST 2022`**
## **`Principal address`**
```
PO Box 4269
Calne
Wiltshire
SN11 7AZ
```
## **`Trustees`**
```
Mr M W Liddiard Trustee
Mr N R Banks Trustee
Mr A J Vickery Trustee
```
## **`Independent Examiner`**
```
Morris Owen
Chartered Accountants
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG
```
## **`STATEMENT OF TRUSTEES' RESPONSIBILITIES`**
```
ThetrusteesareresponsibleforpreparingtheReportoftheTrusteesandthefinancialstatements in
accordancewithapplicablelawandUnitedKingdomAccountingStandards(UnitedKingdom Generally
AcceptedAccountingPractice)includingFinancialReportingStandard102"TheFinancial Reporting
Standard applicable in the UK and Republic of Ireland".
```
```
ThelawapplicabletocharitiesinEnglandandWales,theCharitiesAct2011,Charity(Accounts and
Reports)Regulations2008andtheprovisionsofthetrustdeedrequiresthetrusteestoprepare financial
statementsforeachfinancialyearwhichgiveatrueandfairviewofthestateofaffairsofthecharity and
oftheincomingresourcesandapplicationofresources,includingtheincomeandexpenditure,of the
charity for that period. In preparing those financial statements, the trustees are required to
```
- `select suitable accounting policies and then apply them consistently;`
- `observe the methods and principles in the Charity SORP;`
- `make judgements and estimates that are reasonable and prudent;`
- `prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.`
```
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewith reasonable
accuracyatanytimethefinancialpositionofthecharityandtoenablethemtoensurethatthe financial
statementscomplywiththeCharitiesAct2011,theCharity(AccountsandReports)Regulations2008 and
theprovisionsofthetrustdeed.Theyarealsoresponsibleforsafeguardingtheassetsofthecharity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
```
```
Approved by order of the board of trustees on 7th June 2023 and signed on its behalf by:
```
```
Mr M W Liddiard - Trustee
```
```
Page 2
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WILTSHIRE AGRICULTURAL PRESERVATION`**
## **`GROUP`**
## **`Independent examiner's report to the trustees of Wiltshire Agricultural Preservation Group`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsofWiltshireAgricultural Preservation
Group (the Trust) for the year ended 31st August 2022.
```
## **`Responsibilities and basis of report`**
```
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
```
```
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheAct and
incarryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under Section 145(5)(b) of the Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention 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 Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Ian Sumbler FCCA
```
```
Morris Owen
Chartered Accountants
43-45 Devizes Road
SWINDON
Wiltshire
SN1 4BG
```
```
Date: .............................................
```
```
Page 3
```
## **`WILTSHIRE AGRICULTURAL PRESERVATION GROUP`**
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2022`**
|**`2022`**
**`Unrestricted`**
**`funds`**
`Notes`
**`£`**
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`200`**
`Other trading activities`
`2`
**`42,340`**
**`Total`**
**`42,540`**
**`EXPENDITURE ON`**
**`Charitable activities`**
`Charity expenditure`
**`62,069`**
**`NET INCOME/(EXPENDITURE)`**
**`(19,529)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`58,363`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`38,834`**|`2021`
`Total`
`funds`
`£`
`-`
`510`
`510`
`1,739`
`(1,229)`
`59,592`
`58,363`|
|---|---|
```
The notes form part of these financial statements
```
```
Page 4
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`STATEMENT OF FINANCIAL POSITION 31ST AUGUST 2022`**
|**`2022`**
**`Unrestricted`**
**`funds`**
`Notes`
**`£`**
**`FIXED ASSETS`**
`Intangible assets`
`5`
**`104`**
`Tangible assets`
`6`
**`4,652`**
**`4,756`**
**`CURRENT ASSETS`**
`Stocks`
`7`
**`1,680`**
`Debtors`
`8`
**`1,051`**
`Cash at bank and in hand`
**`32,157`**
**`34,888`**
**`CREDITORS`**
`Amounts falling due within one year`
`9`
**`(810)`**
**`NET CURRENT ASSETS`**
**`34,078`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`38,834`**
**`NET ASSETS`**
**`38,834`**
**`FUNDS`**
`10`
`Unrestricted funds`
**`38,834`**
**`TOTAL FUNDS`**
**`38,834`**|`2021`
`Total`
`funds`
`£`
`160`
`5,082`
`5,242`
`2,803`
`200`
`50,838`
`53,841`
`(720)`
`53,121`
`58,363`
`58,363`
`58,363`
`58,363`|
|---|---|
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
7th June 2023 and were signed on its behalf by:
```
```
Mr M W Liddiard - Trustee
```
```
The notes form part of these financial statements
```
```
Page 5
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2022`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCharitiesAct2011.Thefinancial statements
have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
## **`Patents`**
```
Patents are being amortised on a straight line basis over their estimated economic life of 3 years.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Plant & equipment- 15% on reducing balance
Computer equipment- 33% on cost
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowance for
obsolete and slow moving items.
```
## **`Taxation`**
```
The charity is exempt from tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
```
continued...
```
```
Page 6
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2022`**
## **`2. OTHER TRADING ACTIVITIES`**
|**`OTHER TRADING ACTIVITIES`**|||
|---|---|---|
|`Event income`
`Subscriptions & group meetings`|**`2022`**
**`£`**
**`42,230`**
**`110`**
**`42,340`**|`2021`
`£`
`-`
`510`|
|||`510`|
## **`3. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stAugust2022 nor
for the year ended 31st August 2021.
```
## **`Trustees' expenses`**
```
Duringtheyear,trusteeswerereimbursedatotalof£6,892(2021:£Nil)forcharityexpenses paid
privately.Theseexpensesrelatetoeventcostssuchashireofequipment,advertising, payment
for first aiders amongst others.
```
## **`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
||`Unrestricte`|
|---|---|
||`funds`|
||`£`|
|**`INCOME AND ENDOWMENTS FROM`**||
|`Other trading activities`|`510`|
|**`EXPENDITURE ON`**||
|**`Charitable activities`**||
|`Charity expenditure`|`1,739`|
|**`NET INCOME/(EXPENDITURE)`**|`(1,229)`|
|**`RECONCILIATION OF FUNDS`**||
|`Total funds brought forward`|`59,592`|
|**`TOTAL FUNDS CARRIED FORWARD`**|`58,363`|
```
continued...
```
```
Page 7
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
```
```
GROUP
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2022`**
## **`5. INTANGIBLE FIXED ASSETS`**
|**`INTANGIBLE FIXED ASSETS`**|||||
|---|---|---|---|---|
|||||`Patents`|
|||||`and`|
|||||`licences`|
|||||`£`|
|**`COST`**|||||
|`At 1st September 2021 and`|||||
|`31st August 2022`||||**`170`**|
|**`AMORTISATION`**|||||
|`At 1st September 2021`||||**`10`**|
|`Charge for year`||||**`56`**|
|`At 31st August 2022`||||**`66`**|
|**`NET BOOK VALUE`**|||||
|`At 31st August 2022`||||**`104`**|
|`At 31st August 2021`||||`160`|
|**`TANGIBLE FIXED ASSETS`**|||||
||`Plant &`|`Computer`|||
||`equipment`|`equipment`||`Totals`|
||`£`|`£`||`£`|
|**`COST`**|||||
|`At 1st September 2021`|**`6,864`**|**`162`**||**`7,026`**|
|`Additions`|**`698`**||**`-`**|**`698`**|
|`Disposals`|**`(472)`**||**`-`**|**`(472)`**|
|`At 31st August 2022`|**`7,090`**|**`162`**||**`7,252`**|
|**`DEPRECIATION`**|||||
|`At 1st September 2021`|**`1,899`**|**`45`**||**`1,944`**|
|`Charge for year`|**`781`**|**`53`**||**`834`**|
|`Eliminated on disposal`|**`(178)`**||**`-`**|**`(178)`**|
|`At 31st August 2022`|**`2,502`**|**`98`**||**`2,600`**|
|**`NET BOOK VALUE`**|||||
|`At 31st August 2022`|**`4,588`**|**`64`**||**`4,652`**|
|`At 31st August 2021`|`4,965`|`117`||`5,082`|
|**`STOCKS`**|||||
|||**`2022`**||`2021`|
|||**`£`**||`£`|
|`Stocks`||**`1,680`**||`2,803`|
## **`6. TANGIBLE FIXED ASSETS`**
## **`7.`**
```
continued...
```
```
Page 8
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2022`**
|**`8.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Prepayments and accrued income`
**`9.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other creditors`
**`10.`**
**`MOVEMENT IN FUNDS`**
`At 1.9.21`
`£`
**`Unrestricted funds`**
`General fund`
**`58,363`**
**`TOTAL FUNDS`**
**`58,363`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`42,540`**
**`TOTAL FUNDS`**
**`42,540`**
**`Comparatives for movement in funds`**
`At 1.9.20`
`£`
**`Unrestricted funds`**
`General fund`
`59,592`
**`TOTAL FUNDS`**
`59,592`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
`510`
**`TOTAL FUNDS`**
`510`|**`2022`**
`2021`
**`£`**
`£`
**`1,051`**
`200`
**`2022`**
`2021`
**`£`**
`£`
**`810`**
`720`
`Net`
`movement`
`At`
`in funds`
`31.8.22`
`£`
`£`
**`(19,529)`**
**`38,834`**
**`(19,529)`**
**`38,834`**
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
**`(62,069)`**
**`(19,529)`**
**`(62,069)`**
**`(19,529)`**
`Net`
`movement`
`At`
`in funds`
`31.8.21`
`£`
`£`
`(1,229)`
`58,363`
`(1,229)`
`58,363`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(1,739)`
`(1,229)`
`(1,739)`
`(1,229)`|
|---|---|
```
continued...
```
```
Page 9
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
GROUP
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2022`**
## **`10. MOVEMENT IN FUNDS - continued`**
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.9.20`
`in funds`
`£`
`£`
`59,592`
`(20,758)`
`59,592`
`(20,758)`|`At`
`31.8.22`
`£`
`38,834`|
|---|---|---|
|||`38,834`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`43,050`
`(63,808)`
`(20,758)`
`43,050`
`(63,808)`
`(20,758)`|
|---|---|
## **`11. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31st August 2022.
```
```
Page 10
```
```
WILTSHIRE AGRICULTURAL PRESERVATION
```
## **`GROUP`**
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST AUGUST 2022`**
||`2022`|`2021`|
|---|---|---|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Donations and legacies`**|||
|`Donations`|**`200`**|`-`|
|**`Other trading activities`**|||
|`Event income`|**`42,230`**|`-`|
|`Subscriptions & group meetings`|**`110`**|`510`|
||**`42,340`**|`510`|
|**`Total incoming resources`**|**`42,540`**|`510`|
|**`EXPENDITURE`**|||
|**`Charitable activities`**|||
|`Advertising`|**`758`**|`-`|
|`Hire of equipment`|**`18,719`**|`-`|
|`Haulage`|**`1,055`**|`-`|
|`Site services`|**`13,329`**|`(1,429)`|
|`Hire of site`|**`6,420`**|`-`|
|`Attendance`|**`1,690`**|`-`|
|`Security`|**`5,508`**|`-`|
|`First aid cover`|**`3,100`**|`-`|
|`Entertainment`|**`600`**|`-`|
|`Commentators`|**`350`**|`-`|
|`Other event costs`|**`6,913`**|`-`|
||**`58,442`**|`(1,429)`|
|**`Support costs`**|||
|**`Management`**|||
|`Insurance`|**`984`**|`333`|
|`Computer costs`|**`-`**|`46`|
|`Postage and stationery`|**`450`**|`1,018`|
||**`1,434`**|`1,397`|
|**`Finance`**|||
|`Bank charges`|**`170`**|`-`|
|**`Other`**|||
|`Amortisation of intangible fixed assets`|**`56`**|`10`|
|`Depreciation of tangible fixed assets`|**`834`**|`921`|
|`Loss on disposal of fixed assets`|**`293`**|`-`|
||**`1,183`**|`931`|
|**`Governance costs`**|||
|`Accountancy and legal fees`|**`840`**|`840`|
|`Total resources expended`|**`62,069`**|`1,739`|
|**`Net expenditure`**|**`(19,529)`**|`(1,229)`|
```
This page does not form part of the statutory financial statements
```
```
Page 11
```