## **SHORTHORN SOCIETY OF THE UNITED KINGDOM OF GREAT BRITAIN AND IRELAND** 

**(Company limited by guarantee and not having a share capital)** 

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 

MONTACS 



SHORTblORN soaETY OF TrIE UNITED KINGDOM
OF GREAT 8RtTAIN AND IRELAND
REPORT OF THE D￿RE￿oRs AND TRusfEES
FOR THE YEAR ENDED 31 DECEMBÉR 1023
The Tru5tee5 present their report and the financial ￿aterneThts ol the charity for the year ended 31$1 Decernber
2023. The trustees have adopted the provisions of the Statements of Recomrnenderj Practice ISORPI"Accountin8
and Reporting by Charities- in preparing the annual report and financial ststements of the ¢harity.
The financial statements have been prepared in accordance with the Chaities Act 2011 and Atcounting and
Res)ortin8 by Charities.. Statements of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reporring siandard apwicable in the UK and Republic of Ireland in October 2019.
Reference and administration Infornafion
Charlty name-.
Shorthorn Society of the United Kingdom of Great 8ritaln and Ireland
Charity reg15traiion number:
Cornpany re8istration nurnber:
213216
9597
Olrt¢tors/Trustets
P Armstrong
l R G Collins
D H Craig
Mrs E A Da¥￿5
S E Dixon
J R Fishef
G James
RGKite
O Madelev
N Madeley
Mi55 F Mannerin8S
T C Moscrop
J R 05borne- Ae5igned 11106n023
A Reillv
A G Rothen
Mrs S H M Slade
S V 8 Thomas
D Wainwright
A H J Whittle
DWinThiThgt
Jpwyatt
Mrs W A Youn8
AJ Lawson- Appointed 0510712023
Pre51denl
O Winnington
MONTACS

SHORYHOAN SOCIETY OF THE UNITED KINGDOM
OF GAEAT BRITAIN AND IRELAND
REPORT OF THE DIREcfoR5 AND TrVSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Re8lstered office and
Operational address=
Holme House
Dale
Ainstable
Carlisle
CA4 9RH
Company Secretsry
Mr Andrew Ryder- appointed 01105n023
Mrs R E Rimmer- resi8ned 3010412023
Indtpendent E¥amlner
W.O.R. BenoyFCA
8ankers
HSBC 8ank plc. Coventry
Activitles and charitable objects
The prsncipal actiwty and charitable object5 of the Society are to encourage, promote and improve the
breedin8 of Shorthorn cattle in the United Kin8dom of fj￿3t Brr¢ain and Ireland. or elsewhere. and to compile
and malntaSn a Herd Book of recognised and pure-bred Shorthorn cattle.
Pvbllc benelot
The trustees tonsider they have complied with their duly to have due regard to the guidance on public benef
as published by the Charity Commission. in exercisin8 their powers and duties.
MONTACS

SHORTHORF4 So0￿ OF THE UP4rrED Kiiif4KIM
OFGREAT BPITAIN AMO IRELAND
AEPOR7 OFIXE OIREcfoRSA14D IRUSTEES
FOR THE YtAR EIIDED 31 DECEM8eR2023
A¢￿￿eyernents Jnd perfLwmJnce
Incrme ènd expenses were reduced in 2023 tompared to2022, thi5bsduetotwo reasty
Firstlythe hosting In 2022 olthe 5hcthom conferen￿￿1th￿3S hdd In the UK to celebTrte l(*)yearsol
the Coates Herd Book.
Sec¢ndty. there was nodonaitii from the sybydlaarytoihe Chaiitydurin8the yew.
ThE director5of the sub5idiarywlll rEivewthe dui5tonto rnake a donatiQThafteTtt*year end.
From the 1st May 20231he Society rn0￿ Ihe mana8ernent of iheswety to Pedilree ￿VeStOck SeTrice5 tirnited.
this resulted in tht salaried trfficeladministr*orand the parttime bookkeepeTfveed manager made redund￿1.
The offictviill be dosed and operations mo¥ed.
The5(￿Ety's$￿bSldi￿(aMPan¥shortl￿rn siresLtdcoftTtn￿s to bttik4ry1 it Suc￿sS ￿th a profitof£31.407
Prmotion of the breeeo continued Inthènyformatsdtsrin8 2023. from Sh￿, advertI￿n81n thefarming press, live5tork
market show5 & sales. ¢￿tinuing ￿ththe PDSlify% outofthes￿c￿IuI stmen brochvre alon8 newsletter5.
phtstographic competition the Continued netxsrknnewith indvstry contxts.
HnJnci•l Re¥iew
Tht lossfortheyearamountedto £36.586.This rnnthas reduced reserves lYthJÉhtlornv¥d lea¥inÉ fund
b8lantes ot£366.816 at the end of theyear. The Trusreesc¢4isiderthe resultsto be sats5factory.
ResoThos Polkv
Thesocietyaimsto hol¢J finantol resthEsthat co¥er vp tooTheyear54Mer￿e resource5. At 31 December 2023 the
Society held free reseNes tsfE353.289.
MONTACS

SIORTIIORN SWEfY OF THE UNrrED KINGDOM
OF GREAT BRrrAIN AND IRELAKI
IIEPORTOF THE OIAEcfoRSANDIRUSTEES
FOR ThE YEAR ENDED 31 DECEMBER 2023
The soclety ts a charitable Company Nmtted by8uwantee and doe5 not a share ts￿￿1. Thesot*ty
was Inwrporated on 15June 1875 and registered as a tharity on 8 January 1963. The company was
estsbllshed under a Memorandum of Awciation. whith e5tsb165htd th? objects and powers of
the charitable company and 1$ 8o¥emtd byits Artide5 of Auodatlon.
The dIreCto￿ ofthe company are also tharitytrustee5forthe purpose of tharrty law undwthe companvs
Artides are kn¢y4vn as member5 dthe c￿n￿l.
Each yearsomè touftcil mtmbets rttire by rotstlon are el%l>leforftYlecUon. They are elected bv
a ballot ofthost membe15 entl￿ed io¥ote.
Trustee5 lTrdyclI(￿ and tralnlb
New Tnjstees are bftefèd by the President on thelrobli8atlons ascounul member5 and the future
plans and obiectives of the Sooety. Minutesof pre¥iou5 meetings are also avallable fornew Counci1
Members upon request
R15k revlew
The trustees have tonducted a revlew of the major risks to whith the tharity Is èxposed and have
estabfished S￿teMS to mrts8ate these ri5
E¥ery effort ￿ made to ensure all ii5ks are keo tti mlnimum. The Council consider that insurance
cover and reserves are adequate to engjrethe continued oper*ion ol the Society the event of the
occurrence of any unexpected intident.
Thls reporthas been prepared in accordancewith thespeaal provbsions of Part 15 ofthe
Companies Act 2006 relatingto small companie&
Approved by theTrustee5 on
. and swed on its behalf br.
S ThomA Olrectorl Tn
MONTACS

INDEPENDE14T EXAMINER REPORT TO ThE TRUSTEES OF
SHORThORN SOCIEfY OF THE UNITED KINGLIOM
OF GREAT BRITAIN AND IRELAND
I report to the charlty trustee5 on my examination of the accounts of the company for the year ended
31 Oecember 2023, which are set out on pages 6 to 15.
ResponslbllltF•s •nd basls of report
Ag the charlty's trustees of the Company land also its directors for the purposes of the company lawl you are
responsible for the preparation of the ac¢ourits in accordance wlth the requirements of the Companies
Art 2￿61'the 2006 Art?.
Havln8 satSsfied mysew that the accounts of the Company are not reqLFlred to be audlted under Part 16 of
the 21J06 Art and are ell8ible tor Independent examlnatyon. I report In respect of my examlnatlon of your
charity's accounts as carrled out under section 145 of the Charities Art 2011 (The ZOII Att'l. In carrying out
my examination I have followed the Owertlons 8iven by the Charity Commisslon under section 145151 Ibl
of the 2011 act.
Independant •umln•r's stat•m•nt
I have ¢ompleted my examlnatlon. l can conftrm IhJt no m•tters hove come to my att•ntlon In connectlon
wlth the examination giving me cause to believe that in any material respect..
accountln8 records were not kept in respect of the company as requlred by sectlon sectlon 386
of the 2￿6 Act: or
the accounts do not accord wFlh those records; or
the accounts do not comply with the accountln8 requlrements of sertlon 396 of the 2006 Act
other than any reqvlrement that the account$ 8fve a'true and fair view, which is not a mjtter
consldered as part of èn Indtpèndent examinatlon: or
the accounts have not been prepared in accordance with the methods and prlnclple5
of the Statement of Recommended Practlce for accourtting and reportlng by charltles
ppllcable to charltles preparin8 their accounts in accordance with the Flnancial
Reportln8 Standard appllcable In the UK and Republic of Ireland IFRS 1021
I have no concerns and have ceme across no other matters In connectlon wlth the examlnation to which
•ttpftti•n should be drown in thlJ report In order r? enable a proper L*nderstanttin8 of tllè accounts to be
W O R Benoy 8Sc FCA
Morrtacs
International House
Kingsfield CoLtrt
Chèster Buslness Park
Chester
CH4 9RF
Dated
16 5eptembef 2024
MONTACS

SHORThORN SOCIEfi OF THE U•JITED KINGI)OM
OF GREAT BRITAIN AND IREiANO
STATEMENT OF FINA140AiAcfMTrES
IINCORPOKATING INCOME AND EXPENDtTURE ACCOUNn
FOR THE YEAR ENOED 31 DECEMBER 2023
2022
funds
Total luhds
ilnrestrirted Rethcted
fvnds
fund5
Totsl fvnd5
Incomo and ondowmontsfrom:
Oonations and legades
3959
92
9.034
85.585
3.959
72.592
9,034
85.$85
70,516
76,524
8,733
155,773
70,516
140.481
8,733
Z19.730
63.957
Investments
Total
63.957
EMpendituYe on:
RalsiDS lunds
Charitable acU¥it(es
Total
91115
36.Y4
129.059
92.IlS
37.051
119.166
87,332
27,326
IL4.658
87,332
77,648
164,980
7J
50,322
50.322
Net Ilows118ains on investmeTrts
6.995
-48.151
-48.151
14eiithtomelmo¥ement In funds
.36.479
-36.586
-7.036
13,635
6,599
R￿an￿lIatIon olfvnds..
Total fund5 brou8ht fon¥ard
Total fund5 carrled forward
J89,767
353.289
13,635
I3￿27
403.402
366.816
396.803
389.767
196,803
403,402
12
13.635
The ￿te$ on pa8es 8 to IS form an inte8ral part olthe5e finanrjal st*emeTh

SHORTHOftPI SOCIEf* OF THE UNIIED KIIIGDOM
OFGREAT BRfTAIN AND IREIAND
BALA14CE SHE
FQR THE YEAR ENOED 31 OÉCEl418EII 2023
Ihtshgible asstts
Tan8ibleasse15
Itwestfflenrs
Total Flxed assets
io
2.396
23L571
233.972
138.355
240.365
C¥rrent•3Jets:
Stocks
DÈbiOts
ChafitiesdepDyIs
65h 4tbankanO inhand
Tot•1 cuNent assets
88501
9.412
61,503
159.416
IW86
9.017
9S,frt13
204.1(
iiabilTrtJE5'.
Credit￿$.. Amountsfallirti due wiilwn one vèar
14etotrrent assets or li•blli¢ies
32.965
126.451
34.675
169,430
Total assets le55tuiv•nt kbilities
3Wk6
403.403
Creditors. ArnoU￿ts Fèllin8 attev morethan oneyear
Total netassetorliabilit
366￿16
403.402
Thefvnds ofthqthaity.
fte51ricied income fvnd5
Vftrewicted funds
14
27
353.289
.635
389.767
Tot&lthaiiiy Ivnds
366.816
403.402
The chaiitoble company15 entittedto exemp￿1 loraL￿￿t￿N￿￿sertW•71 0Ftt*Cty￿pan￿sAtt 2￿￿10T￿* ye•rended
3￿t Oecember 2023.
The mernbersbave nor required ¥ht corrp¥ny to obtain an audit iTraccOrdaKe￿th sethon476ofthÈCfj*wan* Art ￿.
The dlrector5and rrvsteesa¢knoW￿d￿e theirre5ponstsi4it￿fUT(l4￿￿.￿gW*Ihthè wwrpmentsof1hecrmp￿*s Act
wiihfespeti to actouniin8 ￿0rd$and the tVep3rat￿n0f the accovn
?￿Se fin￿oals￿rernerntshè¥e been prepared in at£ortlar*eTMth thewo¥ishJn5appIKtblÈioSrnallcompan￿5,
subject to the sm¥llc+Jmpanies' ryime and inac<wdance ￿th FR5 102 ￿AP.
Thefinan¢ial statem•)ts were appto¥ed by the cou￿4 on
and were SIg￿ on itsbehalFbv'.
SThDma% DirKicrifw*2e
The fK)tes on page5 8t0 15 lorm anin¢È8ral partof ttbÈse finanti?Istai*rnent*
MONTAC5

SMORTHORN 50CIEfY OF THE U141TED KINGDOM
OF GR￿T BRITAIP4 AND IftEiANO
NOTES TO TrIE FINANaAL sfATEMÉNrs
FOR TIIE YEAR ENOED 31 DECEM8ER 2023
l. General inform*lon and basls of preparation
The Shorthorn Society of the United Kingdom of Great Britsin and Ireland is a private Company. limited by guarantee.
re8lStered in England and Wales. The address of the re8lStered office isgiven in the charity inforrnatbDn on page 2
of these financial st3temeThts.
The nature of the ch3rptV'5 operations and principal actiwties are to encourage. prornote and improve the brEeding
of Shorthorn cattle in the United Kingdom of Great Britain and1reland. or elsewhere and to ￿MplIe
and maintain a Herd book of recognised artd pure ￿Ted Shorthorn ￿ttle.
The charitytonstitutes a public beneflt entity as deh.ned by FRS 102. The finanoal statements have l)een prepared
in accordance with Accounting and Reportint by Charities.. Statement of Recommended Practice applicable to charities
preparin8 their accounts in accordance ￿th the Financial Reportin8 Standard applicable In the UK and Republic of
Ireland IFRS 1021. the (harities Act 2011. the Companie5 Atl 2006. and UK Generally Accepted Accwntin8 Pradice.
The financial statements are prepared on a going concern basis under the historical cost conventson. rnodified to
include certain iiems at fair value. The financial statements are presented in 5terlin8 IE) which is the furKtional
currency of the charity and Tounded 10 the nearest pound.
The sfgnlficant ac(￿J￿11￿8 policies apthied in the preparalion of the5effinanoal statemEnts afE set out below.
These policies have been con&5tently 41plied to all years presented vnkss otherwise stated.
2. Accountin¢ politie5
Fund a¢¢ountinK
Unrestrirted funds are availat4e for use atthe discretion of the trustees in fvrtherance of the general objectives ol
the charity and whl¢h have not beèth desi8nated for thher purposes. Restricted funds can only be used in accordan
with the restrirtion imPC*sed 4Jpan them.
Income recognltion
All incoming resources are included in the Ststement of FinarKial Actmtses ISOFAI when the tharity Ls legalty entitled
tothe income after any performance EonditiDns have been rMt. the amount can be measured reliabfy, and it 15
probable that the income wll be received.
Investment income is earned through holding assets of invE5tment purposes such as shares aTrLI property. It includes
divldends. interesi and rent. Where it is not pratticable to identify investment manaeement costs incurred vrithin
scherne with reasonable accuracythe in¥e51rneTht income is reported nei of these tosts. It is included when ihe
amount can be rnea$u￿d reliably. Interest income is recognised using the effectbve interest method
and dividend and rent is recognised as the Charity's right to receive payThent is established.
MONTACS

SHORTHORN SOCIEtY OF THE UNITED KINGDOM
OF GREAT 8RThA114 AND IREiAP40
NOTES TO THE FINANOAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
2. Accowntins policies (Conf'd)
Glft ald payrnents
Gift aid payrnents are recognised as distrib￿lOn$ to ov•ners from retained earnings with there bel￿ Tho le8al
obligatlon to make payments.
The accountinB policy for eift aid payments also resutts in the cornpany recogni51n8 a taxation thar8e on it's
profits for the year. However. the applicaiion of the exception under paragraph 29.14A of FRS 102 provides
relief in respect of the accounting for the tax char8e_ This results in an overall nil impact on the charge for
tax in the Income Statement. This exception is only applicable as it is probable that the gift aid paymem will
be made by the company to the parent charitywithin 9 Months ofthe reporting date.
Expendlture reco￿1110￿
All expenditure is accovnted for on accrual basi5 and has been classified under headings that aggregate all costs
related to the category. Expenditure is reco8nised where there is a legal or constructtve oblgation to make
payrnents to third parties. it is probable that the settlernent will be required. and the amount of the obligation
can be measured reliablv.
Intangible fixed assets
The Intangible fixed asset comprrmises the copyright of the Coates Herd B(w)k and is $￿ted at cost
Tanglblt f5%ed assets
Tangible fixed asseis are stated at cost lor deemed c05tl or Wdluation less actumulated depreciation and
accumulated impairment losses. Cost includes costs direct￿ attributable to making the ass￿ capable of
opeiatin8 as intended.
Depreciation 15 provided at the following annual rates in order to write off each asset over its estimated useful
Leasehold buildings
Equipment
Written off in 2020
i(rA- 20% straight line
Investments
Investments are recoBnised initially at fair value which is normally the transaction price excluding transaction
Costs. Subsequently. they are measured at fair valup wr(h changes recognised in 'net 8ains/llossesl
n investments, in the SOFA if ihe shares are publicly traded or th￿r Value can otherw15e be measured
reliably. Other irnvestments are measured at cost less irnpatrment.
MONTACS

SHORThORN SOQETY OF THE UNITED KINGDOM
OF GREAT BRITAIN AND IRELANO
NOTESTO ThÉ FINANaAI STATEMENTS
FOR THE YEAIt ENDED 31 DECEM8ER 2023
2. Accoufiting pollcie5 Icont'dl
Stocks
Stock has been valued at the lower of cost and net reali5able value.
Debtors and uedltors recelvablelpayable wffihin one year
Debtors and creditws stated with no interest rate and receivable or payable with one year are ￿e0rded at
transaction price. Any losses arsing from Fmpairmeni are recognised in expenditure.
Operatin8 lezses
Rentals payable and receivable under operntyng leases are charged tg the SOFA on a straight lint basis over the
period of the lease.
Penslons
The company operates defined tonthbution pen*on schemes. Contributions paYa￿e during the year are
charged in the statement of financial artivTtte5 in the period to which they relate.
Forelin currency
Foreign currency transacti0fi5 are initially reco8nised by applying to the foreign currency am
exchange rate between the functional currency and the fo￿lIn currency ai the date of the transaclion.
Monetary assets and liabilstie5 denominated in foreign turreno at the balance sheei date are translated
using the closing rate.
Related tom￿nY and con501idation
The company owns Im of the issued ordinary share capital of Shorthorn Sile5 UK Limited lincorporated
in the United Kingdom). The company 3nd its subsidiary compromise a small group. The company has therefore
taken advantage of the exemption provided by section 398 of the Companies Act 2CX)6 not to prepare group accounts.
3. Nei Inwme
2023
2022
Net income is slated after ¢har8in8
Depreciation of tanEiblÈ Ilxed assets
Operatine lease costs
892
682
628
954
4. lTrdependent Emamlntrs Rtmur*rdtbon
S. Twu5tee rerwvjneraflon and other benefits
No trusiees. remuneration gr other benefits were paid durin8 the year.
Rwmbursed travel expenses
MONTACS
10

SHORTHORN SOCIETY OF THE UNITED KINGDOM
OF GREAT BRITAIN AND IRELAND
NOTES TO THE F1fr4ANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
6. Income
2023
2022
Unrestrirted
funds
2022
Rèstrlrted
funds
Vnrestrirted
funds
6.1 Donation5 and leiacies
6.2 Charltable actlvltles
Member subscriptions
Herd book entry fees
Classification fees
Other lees
Coates, herd book
Shorchorn journal
Merchandise
Shows and Events
Sundry Income
Insurance claim5
Management Fees
Sponsorship of WSH 2022
3,959
70,516
12.825
26,086
6.491
311
13.375
22,272
5.797
310
loo
7.799
S28
793
2.252
316
22,983
1.192
790
2.821
15.C(
63.957
63,957
72,592
76,524
6.3 Investment Income
Interest on deposits
Dividend Income
395
8.639
9,034
85,585
87
8.646
8,733
155.773
Total In(ome
63,957
MONTACS

SHORTHORN SOtIETYOFThÉ UNIT£tIKINGDOM
OF GAEAT WTAIN AWDIRELIIKI
NOTE5TOTKANANaALSYATEMEWTS
FOR THE YEAR ENOEDJI DECEMBER 1021
7.ENperbses
20
2022
Unrestrkted
Restricted
7.1 Ralsln8lunds
Salaries and national insumce
Breed 5ecretary'sfees and expenses
Manaeememr Fees- Pis
Soclal medlafees and expenses
Rentand rates
Insurance
Telephone and postage
Printingand st4tionery
6.657
17.B99
30.063
5.692
19.930
26.6aQ
3,510
2.310
6.610
705
2.123
6.402
FLI
Computerand Sofiware
Bank Charge5
Sundryexpenses
Lease Df equiprnènt
Cotjncil meetin85 expenses
IndeoehdentexamiAai#)n
Legal and wofesyonal fees
Oeweuation
3.062
663
262
3.227
789
468
954
4.IB6
4.195
590
628
87,332
I,?so
717
92.115
7.2 Chafltabl*a¢ti%yti*s
shorthorn jo¢Jrnaj
Show5 and events
Clasyfications
Merchandise
10.180
13.235
7.230
105
5,519
675
12.110
5.558
1.449
465
BrEed dpvelopment
WSC2022 Ewenditure
$0.322
50,322
50.322
36.Y4
129,059
27.326
114.658
TDtal Expendtture
MONTACS

SHORTHOR14 SOCIEfY OF THÉ UNITED KINGDOM
OF GREAT BR￿AIN AND IRELANO
NOTES TO THE FINANaAL STATEMENTS
FOR THE YEAR ENDEO 31 DECEMBER 2023
8. Staff numbers and costs
The average number of persons employed by the
Society durine the year was:
2023
2022
Administration
Staff costs were..
Salaries and subcontract
Employee pension
6.462
195
6.657
19.352
578
19,930
No employee received emoluments of more than £60,OtKI.
9. Tangible fixed asséts
Equipment
Total
Cost
At I january 2023
Additions
Disposals
At 310ecember 2022
9.281
5CKI
9.281
500
9,781
9,781
Depretiation
At l January 2023
Charge in the year
Disp05als
At 310ecember 2022
6.885
892
6.885
892
7,777
7,777
Net 8ook value
At 31 December 2023
2,396
2.396
At 31 December 2022
2,004
2,004
10. Intangible fixèd assets
Copyright at cost- Coates. Herd B￿k
MONTACS
13

SHORTHORN 50aETY OF THE UNITED KINGDOM
OF GREAT BRITAIN AND IRELAND
NOTES TO TH£ FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 OECEMBER 2023
11. Inveslments
2023
2022
sted investments held l January 2023
Purchases at cost
SBle5 proceeds
Revaluation
Listed investments held 31 December 2022
all quoted on a recognised stock exthangel
Shares in group companv
230,571
8,318
-8.567
6.995
278.856
2.278
-2,412
-48,151
237,317
1.000
238,317
230.S71
i.OCK)
231.571
12.Debtors
Trade Debtors
Prepayments
Amounts owed by8roup company
Loan - SSUK
16,898
3.503
48.101
20.000
88.501
14,358
2,485
43.243
40,000
100.086
13.Croditors
Trade Creditors
Sundry Creditors
Accruals & Deferred Income
VAT Liability
Taxation and sotial 5ecunty
12.626
8,568
5,291
6.479
6,092
14,265
8.229
5,106
983
34,675
32,965
14. Fund$
Total funds of £364,063 consists of £350,535 unrestritted funds and £13,527 restricted funds.
MONTACS
14

5HOATHORN SOCIETY OFTHE UNITED KINGDOM
OF GREAT 8RITAIP4 APID IAELAND
NOTES TO THE FINANCIALsfATEMÉNTS
FOR THE YEAR ENDED 31 DECEM8ER2023
15. Related Companyar￿ ¢oThsdidoti
The Society owTr5 100% olthe issued shale takmtal of Strwythorn Stres LKnited. form* Fled
Cattle Gerteiics IStonelei8hl ￿rnited lincorpofated in the United Kity¢doml which sells Shorthorn
stmen. Its t¥adifi8 resultsfor the year. as ertfacted frcffi the Lmadited accounts are as fdlows..
2023
Turnover
Cost olsale5
Gross profit
Administrati¥e exFonses
128,102
-73.614
54.488
-23.081
31,407
129.Z81
-96.824
32.457
-32.531
-74
Interest recewablp
Profit forthe Financial Year
Gift Aid donatioty
Aetained income
Reserve5 1 January 2021
Reserve5 31 Decernber 2023
31.407
.73
70.516
-70,589
79.810
9.221
31.407
9.221
40.628
15

SIKIRThORN ScthTYOF￿u￿1TEo KIWG()OM OF GREAT BAffAIN l&ND IRELAM)
sfATEmEF￿0F FINAWAL ACnVITIES
IINCORPORAMNG INCOME AND EXPEPILXTUPE ACCOUUn
FOR THE YEARENDED 31 ￿(EMBER1025
fvnds
2023
85.585
2021
2022
155.773
20U
63,957
Expendifiire
129.059
114,658
50,312
43.474
41,115
13.635
Netgainslllossesl on th¥estments
995
48,151
NetlY*•mtlmwemeni Ihfv•ts
.36.479
-7.036
13.635
F¥nd balarrtesat lJanuary202J
389.767
13.635
396.803
Fund ￿l￿DEe5a1 31 (leiembEr 2021
353,289
13.527
389.767
13.635
MONTACS