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2023-12-31-accounts

GILSLAND AGRICULTURAL SOCIETY (CHARITABLE INCORPORATED ORGANISATION)

CHARITY NUMBER: 1195959

UNAUDITED

TRUSTEES' ANNUAL REPORT AND ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

GILSLAND AGRICULTURAL SOCIETY

ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023

TRUSTEES MR L KENNEDY - CHAIR PERSON MISS V BATY - SECRETARY MR M J LAURIE - TREASURER MISS L DODD MR P GARDNER MRS F M RITSON MR W M WALLACE

CHARITY NUMBER 1195959 ADDRESS BROOM HILL HETHERSGILL CARLISLE CUMBRIA CA6 6HB

GILSLAND AGRICULTURAL SOCIETY

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2023

OBJECTIVES AND ACTIVITIES

The main objective of the Charity is to promote, advance and improve for the benefit of the public, agriculture, horticulture and rural crafts and skills by the demonstration and showing of livestock, machinery, crafts, products, methods and processes connected with agriculture and agricultural education in particular by the holding of annual agricultural and equestrian shows.

ACHIEVEMENTS AND PERFORMANCE

Gilsland Agricultural Society were unable to hold an agricultural show during the summer of 2023 as a result of prolonged wet weather. A fundraising event was held to ensure costs incurred during the year could be met.

FINANCIAL REVIEW

The Charity made a surplus during the year as a result of a fundraising event.

The reserve policy of the Charity is to hold sufficient funds to ensure the organisation could continue, should it, for two years running, have to cancel annual shows "on the day" due to unforeseen circumstances. It is estimated the cost of doing so would be in the region of £10,000 and hence the Charity is comfortable in holding reserves of £23,308

The Trustees' Report was approved and authorised for issue by the Trustees and signed on their behalf by:

MR L KENNEDY - CHAIR PERSON

MISS V BATY - SECRETARY

MR M J LAURIE - TREASURER

Date: 9 January 2024

GILSLAND AGRICULTURAL SOCIETY

ACCOUNTS

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023

RECEIPTS
SUBSCRIPTIONS & DONATIONS
SPONSORSHIP REVENUE
ADVERTISING REVENUE
TRADE STAND REVENUE
RAFFLE
SHOW ENTRY FEES
BAR REVENUE
COMPETITION ENTRIES
BUILDING SOCIETY INTEREST
SOCIAL EVENTS
CATERER'S DONATIONS
TOTAL INCOME
PAYMENTS
PRINTING COSTS
POSTAGE
STATIONERY
SUNDRIES
SECRETARY'S EXPENSES
WRESTLING
SOCIAL EVENTS
WEBSITE
DEPRECIATION
TOTAL EXPENSES
SURPLUS/DEFICIT
UNRESTRICTED
FUNDS
100
980
875
525
-
-
-
884
276
3,633
150
7,422
1,692
75
65
40
1,250
50
410
78
163
4,260
3,162
RESTRICTED
FUNDS
-
-
-
TOTAL FUNDS
100
980
875
525
-
-
-
884
276
3,633
150
7,422
1,692
75
65
40
1,250
50
410
78
163
4,260
3,162

GILSLAND AGRICULTURAL SOCIETY

ACCOUNTS

STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST DECEMBER 2023

ASSETS
EQUIPTMENT
CASH IN HAND AND AT BANK
BANK BALANCES
CASH IN HAND
LIABILITIES - NIL
TOTAL
UNRESTRICTED
FUNDS
920
23,235
73
23,308
-
24,228
RESTRICTED
FUNDS
-
-
-
-
-
-
TOTAL FUNDS
1,083
21,547
58
21,605
-
22,688

The Accounts were approved and authorised for issue by the Trustees and signed on their behalf by:

MR L KENNEDY - CHAIR PERSON

MISS V BATY - SECRETARY

MR M J LAURIE - TREASURER

Date: 9 January 2024