SHORTHORN SOCIETY OF THE UNITED KINGDOM
OF GREAT BRITAIN AND IRELAND
{Company Ilmlted by 8uarantee and not havlng a share capltal)
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2024
MONTACS

SHORTHORN soaETY OF THE UNITED KINGDOM
OF GREAT BRITAIN AND IRELANO
REPORT OFTHE DIAECTORSANDTrUSTEES
FOR THE YEAR ENDED 31 DECEMBEA 2024
TheTrustees pre5enttheir report and the financlal 5tsteMet￿ of the charfr¥for the year ended 31st December
2024. The trustees have adopted the provlslons of the Statements of Recommended Piacttce1SORPI"Accoun1kn6
and Reportln8 by Charllles In preparknethe annual report and Ilnanclal statements of the cha￿ty.
The finantlal statements have been prepared In accordance wlth the CharitiesAct 2011 and Accountlng and
Aeportlng by Charltles.. Statements ol Recommended Practlce appllcable to charltle5 preparlng thelr accounts
In accorthnce with the Flnanclal Reportln8 Standard appllcable In ihe VK and Republ1¢ of Ireland In OctDbei 2019,
R•l•r•nt• ind *dmlnlitraiion Ibknitloh
Charky name:
Shorthorn Soclety of the Unlted Klnidom of Great Brltaln and Ireland
Ch•rlly reAlstv•tlon number:
Comp•ny r•ikn•tlon numb•r:
213216
9597
P Arm$iron8
R G Colllns
D H Cra18
rs E A D8v5e5
S E OIxDn
J R Flsher
G James
11 G Klte
D Madelev
N Madeley- rEsl8ned 09th Junè 2024
Mlss F Mannerln
T C Moscrop
A Reilly
A G Rothen
Mrs S H M Slade
SVB Thomas
D Walnwrlght
A H J Whlttle
D Wlnnln8ton
J P Wyatt
Mrs W A Young
AJ Lawson
Pregldent
D Winnlngton
MONTALS

SHORTMORN SOCIETh OF THE UNITED KINGDOM
OF GREAT DRITAIN AND IRELAND
REPORTOFTHE DIREcfoRs AND TrUSTtES
FOR 7HE YEAR ENDED JI DECEMBER 2024
Re8istered ¢>ffice and
Operatlonal addr
Holme House
Dale
Alnstable
Cartlsle
CA4 9RH
Comp•rhyS•cr•t•ry
Mr A Ilyder
Ind•p•ndent Ex•mln•r
W.O.R. eer￿v FCA
8ank•N
HSBC Bank pl¢. Covtntry
Artmtlu •nd ch•rlt•ble oble¢
The prlnclp•l acrivlty and charSt•ble oble¢ts of the So¢lety Jre to encourage, prornote and Improve the
breedlnB of Shorthorn tattle in the United Kin8dom of Great Brltaln and Ireland, or elsewhere, Jnd to complle
and malntaln • Herd Book of retO8nisèd and pure.bred Shorthorn cattle.
Publ1¢ benefft
The trustees conslder they ha¥e complled wlth thelr duty to have due re8ard to the 8uldance on publlc beneflt,
35 pub115htd by the Charlty Commlsslon, In exertisln8 thelr powers and duties.
MONTACS

SHOAThORN SOQETY OF THE UNrrEO KINGDOM
OF GREAT BRITAIN AND IRELAIID
REPOFtr OFTHE DIRE￿OR9 AND TRUSTEES
FOR THE YEAR ENOED JI DECEMBER 2024
Athlq¥ernellts and performint•
Income Increased In 2024 comparedto 2023. thls was due to a £20,OtKJ bequest recelved In the yeaf and
donation from Shorthorn Sires to the Society of £31.407.
There was a reductlon In the number ol relstrations in the year whlch has reduced herd book entryfee Income.
Expend5ture reduced 38aln thls year. th15 wa5 due to cost savlng5 that were Identllled durln8 the year.
It Is hoped that there maybe lurthei sa¥ln8s Sn 2025.
The Socletvs subsldlary compami Shorth(*n Slres Ltd contlnues lo tr￿lId on It success wlth profft of £21.38212023 proftt
ot £31.4071 In the last year.
The redu¢tron In prollt thlsyear was due toa reductlon In semen sales.
Promotlon of the brand cantlnued In many lormats durln8 2Q24, Iram Shows, advertlsln8 In the larmln8 press, Il¥esto¢k
market shows & sales, contSnulng wlth the pos¢ln8 out of the successful semen brochure alon8 wlth new51etters.
photographlc competltlon and the contlnued networkSng wlth Industry contscts.
Fln•nd41 A￿tW
The 5urplu5 for the year arnounted to £5,129. This amount has Increased reserves brou8ht forward leavin8 total
unrestrlcted reserve5 of £358.418 at the end of the year. The Trustees consider the results to be 5at15factDry
R•i•Thw Polkv
The Sodetyalrns to hold Ilnanclal reserves that cover up to one ye8r5 OUt8oln8 resources. At 31 December 2024
the Soclety held tree re5erve5 01 £357,331. representlng apwoxlmately three year5 OUt¥olng resources.
MONI ALS

SHORTHORN sooeTY OF THE UNITED KINfjDOM
OF GREAT BRITAIN AND IRELAND
RÉPORT OF THE DIRECTORSAND TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
5trurtur•, Go¥ern¥nce and M•n•yment
G(vornlng document
The 50clety1s a chadtoble cumpany Ilmlted by guarantee and does not have a share capltal. The 50clety
was Incorporated on 15 June 1875 and registtred as a charlty on 8January 1963. The company was
establlshed under a Memorandum ol A550clatlon, whlth establlshed the oblects and powers of
the charltable company and Is 8overned by its Article5 of A5s0clatlon.
Rttnlltment ind •ppolntrn•nt ol the Coun¢ll
The dlrectors of the ¢ompany are also charlty trustees lor the purpose of charlty law underthe company's
Articles are known a5 members of the Councll.
Each year some councll members retire by rotation and are e15Blble for re-election. They ore èlècted by
a ballot of those members entitled to vote.
Trust••5 Indurtlon •nd tr•lnlni
New Trustee5 ore brlefed by the Pre51dent thèlr obll8atlons as Councll members and the luture
plans and oblectives of the Soclety. Minutes of prevlou5 meetin85 are 3150 avallable for new Councll
Members upon request.
Alik rwl•w
The trustee5 have conducted a revlew of the major risks to whlch the charlty Is exposed and have
establlshed sy5terns to mltl6ate these risk.
Every effort Is made to ensure that all rSsks are kept to mlnimum. The Councll conslder that instsranc•
cover and reserve5 are adequate tu ensure the contlnued operatlon of the Society in the event of the
occurrence of any unexpected incid?nt.
Thls report has been prepared Sn accordan￿ wilh the Special provislons of Part 15 of the
Companles Act 2006 relatlng to small companle5.
Approved by the Trustees on
and slgned on Its behalf bv:
S Thomas. DlrectorlTrustee
MONTACS

INDEPENDENT EXAMINER REPORTTOTHE TRUSTEES OF
SHORTHORN SOCI￿ OF THE UNITED KINGDOM
OF GREAT 8RITAIN AND IRELAND
I report to the charlty trustees on my examinatlon of the attounts of the Company for the year ended
31 December 2024. whlch are Set out on pages 6 to 15.
RespDn51bllltSes WMI hasls of report
As the charlty's trustees of the Company land also Its dlrectors for the purposes of the company lawl you are
responslble for the preparatlon of the accounis In accordance wlth the requirement5 of the Companie5
Acl 2￿61'the 2006 Act'l.
Havln8 sat15fied myself thot ihe accounts of the Cornp?ny are not requlred to be audlted under Pirt 16 of
the 21106 Act and are ellllble for Independent examlnatlon, I report In respect of my examlnatlon of your
charity's accounts as carrled out under sectlon 145 of the CharltlES Act 20111'The 2011 Aet'l. In carryln8 out
my examlnatlon I have followed the DlrectSons glven by the Charlty Commlsslon under 5ectlon 145151 Ibl
ol the 2011 act.
Ind•pendent •x•mln•V$ $t•t•m•nt
I have cornpleted my exarnlnatlon. I can conflfm that no matter5 have come to my attentlon In connectlon
wlth the examinatlon 8lvin8 me cause lo belleve that In any material respect..
ccountin8 record5 were not kept In respect of the company a5 requlred by sectlon sectlon 386
of the 2006 Act; OT
the account5 do not accord wlth those records; or
the accounts do not tomply wlth the accountlng requlrements of $t¢rion 396 of the 21x16 kl
other than any requirement that thi ac¢ount$ give a 'true and fair view, whlch Is not a rnatter
consldered as part of an Indeptndent examination; or
the accounts have not been prepared In accordance with the rnethods and prlnclples
of the Statement of Recommended Practlce for accountSn8 and reporting by charltles
applicable to charlties preparln8 thelr accounts in accordance wlth the Flnanclal
Reportin8 Standard appllcable in the UK and Republlc of Ireland IFRS 1021
I have no concerns and have come acr055 no other matters in connection wlth the examlnation to whlch
attèntlon should be drawn in fhls report in order to enable a proper under51anding of the a¢¢ounts to be
reached.
W O R Benoy BSC FCA
Montacs
Internatlonal House
Kingsfield Court
Chester Busines5 Park
Chester
CH4 9RF
Dated
MON IALS

SHORTHOAN ￿atTy OFTIIEUP41TED KINGtyJM
QF GAEAT ￿￿T￿lI AND IRELAND
STATEMENTOF FINANaALAcnvinES
IINCOAPORATING INCOME AND EXPENDITURÉ ACCOUNn
FOR THE YEAR EfiDEO YI DECEMBER 1014
Unrnrtrfd•d R•th¢tsd
fundi
lundi
Not•1
funds
Tot•1 l￿dI
T￿1 lun
Ihtom•*nd •ndowm•htsfroffl:
&1
5YJ79
61799
9MS
124161
53,879
62,799
9,485
126,163
3,959
72,592
9,034
B5,585
3,959
71,592
9,034
85,565
Charlt•blegthvltle5
Investments
Tot•1
xpendhweoh:
89,1
34,042
123,046
92,115
36,944
129,059
92,115
37.051
129,166
Ch•r1tèble8cti￿tlt1
Tot•1
34,042
121046
108
108
Net IIosxsllvln5 on In¥estrnE*ts
2,012
6,995
6,995
Il•t InMm•lmowm•nt knlunth
¥129
S,129
-36,479
-36.586
A•(orKIU•tlon of funds..
Toul funds browBht fon¥afd
Totsl lundst4rrl2d forward
353,289
358,41B
15,527
lJ,517
366.816
371.945
389,767
353,Z89
13,635
13,527
405,402
366,816

SIIDRTHORN SOOETYOFTHE UIIITED KINQDOM
oFaREATBRif￿H AND IRELAND
OAANCESHÉET
FOA y￿RENl￿D JIOECEMDER IOZ4
IQ14
ntiniible Js5ets
TaThBlble assets
In¥e5tmen15
I￿?
24D,119
241.111
li
238,355
240.365
stocki
rjetstors
12
00,794
9,894
71
88,￿1
9,412
61.S03
159,416
Cash at bank and In
Tw•1 rurrthit
162,577
Credltor5.' Amounti 14lllnidue￿thln
Nrt¢uvf•rt •M•l•or Ilabllhl
Ji,B41
130,753
32,g65
126,451
J71.945
366016
credIt￿.. Amountsfolllni due •fter more th4n onewr
J?lJ45
a64116
Thi fvTrd%alth•(h4rfty'.
Itwtrlcted Income funds
Unit5trtcted lunds
11.$27
358,418
13,527
353,289
Tot4lthfft¥fvndi
371,Y45
J66*16
T￿chillI￿bIl coryiTry15 •ntlthd to •x•rnptlon f￿¥￿￿￿t￿nd*r￿ttknn 477Df ¢h¢CpMynl•SArt2￿fjf￿rIh¢ y•af •ndid
Jtst De¢erntser 1014.
Th• morn￿rI h4¥0 notrnqulrnd th•compiThyto obtaln in •udlt In iccorthnc•%%4ih MCfl•n 476oftheComp•rd￿ kt 2006.
The dlrertofsand IN￿lee5 a<knowledie ihe*r¢sponlk41tt1eslortomplyln8wlth the rEwremehts4)Ithe Ctsmp•nies Act
th respeetto atcauniirfretords the prewifjon ofthe IC￿￿11.
These flnanclal Statements have tseen prEpared lTraccordancE*lth lfre prcvlslonsappllubh to 5fflalltomp4nl•5'
sublect tDthe small companle5' re￿rne and in a￿ord4￿Cew￿h FAS 1015011P.
The financlal statements V￿re approved bythe Councll on
and were sl8nÈd on Its ￿half by..
SThoma¥Dirertornru5tEe
MONI AC5

SHORThORN SOUETYOF THE UNITED KINGIIOM
OF GREAT BAITAIN AND IRELANO
NOTESTOThE FINANCll4lSTATEMENTS
FOR THE YEAR ENDEO 31 DECeP•lOER 2014
l. G•n•r•l tnform•tSon WKI b•s15 olpr•wr•llon
The Shorthom Socletyof the VTrlted Klngdom of Great 8rftaln and Ire14nd ￿ a prlvate CoM￿nY4 Ilmhed byguarantee,
reglsiered In En8l•nd aThd Wales. The •ddress of the reglstered office Is ilven In the charlty Informatlon on pale 2
ol thesethnancial 5tatement5.
The nature of the charity'5 operation5 and prlnclpol actlvmes are to encourèie, promote and Improve the breedlng
of Shorthorn cottle In the United KinÉdom ol Great 8ritain and Ireland, or elsewhere and to compllt
ano mèlnialn a Herd book of r¢¢oqThSsed and pure bred Shorthorn cattle.
The char5tycon5tltutes a public beneflt eniity •$ deflned by FR5 101. Theftn•n¢l•l statements have been prepared
in accord4nce wlth Accountlni and Reportini by Charlties.. Statement of Recommended Practlce applIca￿e to rh•rltles
piepèrin8 thelr accounts In èccordance wlth the Flnanclal Reportin8 Standard appllcable In the UK and Republlc of
Ireland IFRS IOZI. Ihe Chaillles A¢t 2011, th¢ Companles Act 2006, and UK Generally Accepted Ac£ountin8 Practlce.
The financlal statements are prvpared on • golTh8 con¢ern basls under ¢he hSstorl¢•l ¢ost conventlon. modlfled to
Include certaln Items at folr value. The flnonclal 5tsternents are presented In $terllng IE) whlch Is ihe lunctlonal
currency of the charlty and rounded to the nearest pound.
The slgfiWlc•nt •¢¢ountlng pvll¢le$ •pplled In rhe prep•ration of thesefinanclal statements are set out below.
These pollcle5 have been con$l$tEntty 4pplled to •ll years pre$enred unle$s orherwlse s¢•ted.
2. Attountlrw poMd•6
Fund •trountl
Unfestrl£tetl lunds arv •¥allablelor use at the dlKretlon of the trusree$ furth•r•nce of the8eneral oblectlves of
the charlty and whlch have been de518nated forothtr purposes. Resirftied lund$ c4r* only In ¥ccord•nce
wlth the restrlctlon Imposed upon them.
Ihtam• r•co8nttfon
All Incornlng resources afe Included In the siaiement ol Flnan¢l•l Artlvltle$1SOFAI when th¢ charltyls legally entf(led
to the Income 4fter any performance condltlon5 have been mel the amount fan bE measured rellably, and rt Is
probable thatthe Income wlll be recefved.
Investment Incomels earned throuÉh holdln8 assets of Investment purposes such as shares and property. It Include5
dlvldends, Interest and rent. Where It15 not practicoble to Identlty Investm2nt management costs Intuvred ￿thIn
a scheme wlth reasonable accuracy the Investment lTrcorne15 reported net of these costs. It Is In¢ludEd when the
amount tan be meèsured rellably. Interest Income Is reco8nlsed uslnL the effectlve Int?rest method
and dividend and rent15 reco8nised as thÈ charlty's rl8ht to recelve payment Is establlshed.
MONTAC5

SIIORTHORN SOCIETY OF T+IE UNITED KINGOOM
OF GREAT BRITAIN AND IRELAND
NOTES TOTHE FINANCIALSTATEMENTS
FOR TMEYEAR ENOED JI DECEMBER 2024
2. A¢countlrw pollcles Icorfdl
Glft ald paym*Ms
Glft ald payments are reco8nlsEd as dlstrlbutlonsto owners from retalned earnIn￿ wlth there beln8 no le8al
obllR*lon to mHk• paym?nts.
Th• *rrfjiin*lfte pnllry fnr g5ft 4lrt nxympnt4 al4n rp4iilt% In thp rnfflpHny rpmgnlsin£ a tHxatlnD rhargp nn Il,
proftts IDr the year. Howevef, the appllcatlon of the exceptlon Under paragraph 29.14A of FAS 102 provlde5
rellef In respect of the accountlng forthe tax char8e. Thls results In an overall nll Impart on the charge for
tax In the Income Staternent. Thls exceptlon 15 only appllcable as It Is prDbable that the 8Ift ald paymentwlll
be made bythe cornpanylo the parent charlty vAthin 9 mohth5 01 the reportlng datè.
Ewndlturn r•coinltlon
All expenditure is attounted for on accrual basis and ha5 been classlfied under heading5 that awegjte 411 costs
related to the cate80ry. Exponditure Ss reco8nlsed where there is a leg81 or constructlve obllgatlon to make
payment5 to thlrd partles, It Is probable that the settlèment wlll be requlred. and the amount of the obll8atloft
¢an be measured rellablv.
Int•￿Ible flx•d 1ss•ts
The 5ntan8lble fixed asset comprornlses the copyrf8ht of the Coates Hefd Book and 15 St•ted at C05t.
T￿lIble flied aM•ts
T•n8ffjble flxed a55et5 are stated at tost lor dttmtd tostl or valuatlen less actumulated depreclatlon and
accumulated Impalrment losses. Cost Includes costs dlre£tly attrlbutsble to makin8 the asset tapable of
operatini as Intended,
Depreclaiion Is provlded at the foliowlngannual rates In order to wrfte off each asset over Its estlmated usefvl
Leasehold bulldln85
Equlpment
Wrltten off In 2020
10%- 20% stralqht Ilne
Invvlrnents
Invesiments are re¢o8nlsed Inltlally at fairvalue whlch 15 norrnally the transaction prlce excltsdinBtransactlon
costs. Subsequently, they are meaSU￿d at falr value wlth £han8es re£o8nlsed In 'net Bain5lllossesl
on inve5trnents' IM the SOFA If the shares are publicly traded or thelr value can otherwlse be rneasured
reliably. Other investments are measured at cost less irnpairrnent.
MONTACS

5110RYHORN 50CIEfY OF THE U141TeD KINGDOM
OF GREAT BRITAIN AND IAELANO
NOTESTO THE FINANCIAL STATEMENTS
FOR THE YEAA ENOEDJI DECEM•ER 2024
2. A(eountlr¥ pollckn Icort'd)
Stot
Stock has been valued at the lower ol cost and net re•llsable ¥•lue.
Oebtorn and eredltorn r•tal¥abl•lpayabl• wiihln on• Y￿r
Debtors and uedltors stated wlth no Interest rate and recelvable or payable wlth one ytar are recorded at
transactlon ￿re. kny1055e5 arlsln8from Impalrment are reco6nlstd In expendlture.
Oper•lln8 le•5es
Rentals payable and recelvjble under oper*ing leases are chareed to the SOFA on a stralght Ilne basls over the
period of the lease.
Forethn ¢urrency
Forel8n currencylran54Ctlons are Inltlally retO8nSsed by applylngio the forelgn currency amoL
exchange rate between the functlonal currewand the forelin currenty at the date of the transartlon.
Monetary assets and Ilabllltles denomlnated Sn lorelAn currencyat the balance sheet date Bre translated
usln8 the ¢loslni rate.
R•l•t•d tomyny and consolld•tlon
The companyowns 100% of the155ued ordlnary share CaF4uI of Shorthorn Slres UK Llmltod Ilncorporated
In thE Unlted Klnudoml. The company and its subsldlary compromlse a small group. The company has iherelore
taken advanta8e of the exemptlon provlded by settlon 398 of the Companle5 Act 2006 not to prepare group accounts.
3. Net IrKome
2024
2023
Net Income Is ststed after char8Sn8
DePr￿latIOn ol tangible flxed 055ets
OperaiinR lease costs
917
290
4. Ind•pendent Examln•rs Romun•r•tlo
S. Teiulee reNwJn•ratlon Ind other benoflis
No tru5tees' remuneratlon orother benefft5 were pald durfng the year.
Reimbursed travel expEnses
MONTACS
10

SHORTHORN SOCIETY OF THE UNrrED KINGDOM
OF GREAT BRITAIN AND IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 DECEMBER 2024
6. Incomè
2024
Vnr•stncted
funds
2023
ilnrestricteo
funds
6.1 DoTratlons ind leixl
6.2 Charltable actlvltl•s
Member subscrlptlons
Herd book entry fee5
Classlflcatlon fees
Other fees
Coate5' herd book
Shorthorn Journal
Merchandlse
Show5 and Events
Sundry Income
Management Fee5
53.879
3.959
11,779
19,016
9,560
177
12,825
26,086
6,491
311
5.109
250
540
1,368
15,000
7.080
1,192
790
2,821
15.000
62.799
72.S92
6.3 Inveslmerrt Intome
Interest on deposlts
Dlvldend Income
482
9.002
9,485
126,163
395
8.639
9.034
8S,585
Totsl Income
MONIACS

SHORTHORN Soa￿oF ThE UNITEDWIIGDOM
OF GlEATIR￿AlvI ANDIRELA14D
MI)TESTOM FIMAPICIALSTATeMtNTS
FOR THEVEAR ENDED31 DECEMBERIDI4
7.ExpMMi
102)
UnrnrtrfEt•d R•sirl¢Md
Urmtrf(t•d A•rtrkt•d
fvnth
1,139
11,660
45,095
6.657
17,899
30063
5.692
B.303
1.310
6,610
705
8veedsecret•ry5 I￿5 aThd •*p•nses
M4n•iement Feel- Pis
Sothjl mèdla fee5 ind •w•w•5
Rqntand ratti
INurance
Telep￿ne ind post4•
Prlntlns •nd 31Jllonery
Cc¢))puter Softwirn
8,050
2,664
3,575
1.639
r i_j.
Cha￿e5
Tr•¥elllniexpen5•1
Sundryexp•n5es
Leise of eoulpment
Councll rneetiwsexpehses
Indopénd•ni•MamlnJtla
Lrfèl ahd prof•s1￿7Th01f•e5
Depr&latlon
974
545
172
290
3,932
1.375
1.173
262
4,675
1,750
717
917
72thirftsbl• *thrftl•A
5horthornlourn•l
Shows•Dd Events
Cl•sslftratluns
Mtrthandl
Publitity
reed dEVtknpment
Rosettes Purchase5
Misc Purchases
WSC 2022 Expendltur•
7.luu
9.160
9,633
10,180
13,235
7,230
105
S,519
675
6.118
1,396
23
526
36.944
TO*￿ Exp•ndllw•
MONTACS
12

SHORTHORN SOCIETY OF THE UNffED KINGDOM
OF GREAT BRtrAIN AND IRELAND
NOTES TO THE FINANCIAL STATEME1￿5
FOR THE YEAR ENDED 31 DECEMBER 2014
8. Stafl numbers and corti
The average number of persons ernployed by the
Soelety durln8 the yearwas:
2024
2013
Staff costs were..
Salarles and subcontrnct
Employee pension
6,462
195
6,657
No employee recelved emoluments of more than £60,tsJO.
9. Ta￿ltsIe Ilxed •55•ts
Equlpment
Totsl
At l January 2024
Addltlons
DIsp05è1s
At 31 December 2024
9,781
9,781
9,781
9,781
D•pI￿Allon
At l January 2024
Charge In the year
Olsposals
At 31 December 2024
7,777
917
7,777
917
8,694
8,694
Net Book Value
At 31 December 2023
2,004
2.004
At 31 December 2024
1,087
1,087
10. Inlan8lbl• flx•d asset$
Copyrlght at tost- Coaiès, Herd Book
MONTACS
13

SHORTHORN SOCIETY OF THE UNITED KINGDOM
OF GREAT BRITAIN AND IRELAND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11. In¥estm•nts
Z4
2023
Llsted Investments held l January 2024
Purchases at cost
Sales proceeds
Revaluatlon
Llsted Investments held 31 December 2024
(all quoted on a recogni5ed stock exchange)
Shares In 8roup company
237,355
13,194
-13.442
2,012
230.571
8.318
-8.528
6.995
239,119
I,coo
240,119
237.355
1,000
238,355
12.Debtors
Trade Debtors
Prepayments
Amounts owed by group company
Loan - SSUK
16.404
13.852
30,538
20,000
80.794
16,898
3,503
48,101
20,000
88,501
13.Cr•dhors
Trade CredStors
Sundry Credltor5
Accruals & Deferred Income
VAT Liability
11,833
10,454
6.183
3,373
31.843
12,626
8,568
5,291
6,479
32,965
14. Fund5
Total funds of £371,945 conslsts of £358,418 unrestrlcted funds and £13.527 restrlcted funds.
MONIACS
14

s￿lAT￿lAN 50aEfYoFThE UNrrfD KINGDUM
01 QAEAT bftlTAIN At4DIAELAND
NOTESTOTHE FW4ANCIALSYATEMENTS
KIR THE Y￿R ENDEDJI DE(EMBEIiZQ14
The 5odety 0￿5 100% pf thE15gJed shafe tap5ts101Shorthom SSres Llmlted, formerlyRed
Cattle Genetlcs IStonelel8hl Umlttd Ilncorporaied In the Unked KIn1d￿lI thlch se115 Shorthc¥o
semen. ltstradlng ie5ulsfor thR yNr. as eAtrart2d fmm the unaudiied•ceourts4re as lollow5.'
x+
Turho¥er
Cost of sales
Gross profit
Admlnlstratlv• e%p•ns•5
ILXI.S16
57.385
43.131
21.749
21,302
128,102
73.614
54,488
23.C41
31.407
InterÈst retelvable
Profit faf the FlnahdBIYear
Glft Ald danètlon
R•ta5ned Income
Re￿1￿ l Janu•ry 2024
31 tl•cernber 2024
21.182
31.407
10.D25
40.628
30.603
31.407
31,407
9.221
40.62B
15

SHORIHORNSOCIEIYQFTHE U141TEDKINGDOM OF GREATBRIT￿lI ANDIRELAND
STATt1dEinoFFIII￿ALAcTrVb71ES
IIIKIXIPORAIINq INCiW41tAND IXPllmREAccouNn
FOAIHE YWI INDa)JlDlCThI￿1a2•
fuThds
fvndi
funds
20ZJ
ltyrom•
126,163
E>¥¢ndFtur•
IlJ,P16
129,0$9
3,117
43N74
Nrtyln•lll•wsl M 1Th￿rtM•￿ts
2,012
6.995
5.119
36,479
Fund b•l•n<•¥•t lJinu•ry 1014
Fund b•l•n¢•14tS1 DK•mh•i I￿4
35441A
IY,527
353,289
MONTThI-S