Kington Horse Show and Agricultural Society – Charity Number 215807 Consolidated Trustees Annual Report 2024
General Position
The Society has consolidated its position in 2024, with a very successful show being undertaken taking advantage of the return to normal activity and the wonderful weather of early September.
With the wonderful weather and a fantastic turn out of visitors the society saw its general fund reserves increase by £20,920 to £187,543 at the 31st December 2024 which represents 138% of the expenditure for the year.
Aims of the Charity
The society has continued its work and main charity aims of delivering an Annual Horse and Agriculture Show with the purpose of providing a shop window for the prize livestock entered into the numerous classes for Horses, Sheep and Cattle. These livestock classes are supported by a kennel club registered Dog show, a large range of Horticultural and Craft classes, sheep shearing competitions and a very active and varied range of young farmers competitions supported by the two YFC federations of Radnorshire and Herefordshire.
In addition the trustees and members of the society have continued to provide a range of main ring and other entertainment activities to ensure that the visitors to the show enjoy a full and very varied range of countryside activities.
The charity has for the last few years provided a scholarship of up to £1,000 to support a young person to develop a countryside related business or to undertake a research visit to a foreign country on again an agricultural related business to help them develop their knowledge and understanding of an alternative agricultural delivery method.
Trustees Financial Statement
As the trustees of the charity we are content that the charity is in a very sound financial position with the general reserves standing at £187,543 being 137% of the 2024 expenditure level.
K Williams, C Edwards, R Allford, G E Jones. Trustees of Kington Horse and Agricultural Society.
March 2024
Kington Horse Show and Agricultural Society
Income and Expenditure at end of December 2024
| Total 2023 £ 70,199 9,103 9,035 3,279 1,672 1,820 228 2,891 1,879 7,041 10,960 2,500 410 285 0 436 1,750 123,488 14,849 11,163 6,163 36,179 210 18,078 7,080 10,000 9,000 11,840 1,829 2,159 (65) 128,486 4,998 |
YTD YTD Expenditure 2024 2024 Showground Expenses £ £ Showground Expenses 79,999 Main Ring Displays etc 10,038 Prize money 10,412 Printing & Stationery 3,241 103,690 Sundry Expenses Postage & Telephone 1,431 Advertising 1,859 Expenses and Website Development 147 Badges & Rosettes 2,893 Insurance 1,714 8,044 Fund Raising Income 8,195 8,195 Honoraria & other Expenses Honararia - General 12,060 Honararia - Other 2,415 Secretary's Expenses 348 Affiliation 347 Depreciation 0 Other (Inc meeting costs) 221 Presidents Donation / Award 1,000 16,391 Total Expenditure 136,319 Income Subscriptions 17,683 Entry Fees 12,294 Sponsorship & Donations 7,531 Gate Income 44,094 Advertising 350 Trade Stands 21,986 Showday Franchise Income 7,385 Grant / Bequest 10,000 YFC Dance and Show Bar 9,000 Fund Raising Expenses 18,430 Interest & Invest Income 5,970 Inc/(Dec) in Book Value of Investments 987 Misc. Income 1,530 Total Income 157,239 Operating Profit /(Loss) 20,920 |
|---|---|
Kington Horse Show and Agricultural Society
. |
End 2023 £ 15,093 (2,866) 0 0 78,328 56,361 0 0 146,915 19,394 19,394 166,309 314 0 0 314 166,623 161,625 4,998 166,623 2023 £ 4,800 10,000 3,988 (1,750) (11,791) (248) **4,998 ** |
Balance Sheet as at end of December 2024 Cash at Bank £ HSBC Current Account . Outstanding Creditors (Inc. Pre-payments) Grant received in advance Outstanding Debtors HSBC Reserve Account CCLA Deposit Account CAF Account Cash in Hand Total Cash Investments 78.2 shares COIF Charities Investment fund Investment fund @ £252.1244 (Value at 31/12/24) 20,380 Total Long Term Investments Total Cash and Long Term Investments Property and Other Assets Property @ Cost 314 Fixed Assets 0 Less Depreciation 0 Total Property and Assets Total Current and Long Term Assets Represented by General Fund at 1st January Contribution to / (from) reserve in year Total Reserves Split of In Year Transactions 2024 £ Fund Raising 200 club etc 10,235 Grants 10,000 Invest Income 6,956 Presidents Grant (1,000) One off expenditure (16,463) General Show Activity 11,191 Total 20,920 |
End 2024 £ 18,370 (4,180) 0 0 26,129 126,530 0 0 166,849 20,380 187,229 314 187,543 166,623 20,920 187,543 |
|---|---|---|---|
Kington Horse and Agricultural Show
Auditors Report
I report to the trustees on my examination of the accounts of the above charity for the year ending 31[st] December 2024.
As a trustee you are responsible for the preparation of the accounts in accordance with the requirements of the charities act 2011.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect :
-
The accounting records were not kept in accordance with section 130 of the charities act or :
-
The accounts do not accord with the accounting records or
-
The accounts did not comply with the applicable record.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable a proper understanding of the accounts to be reached.
Mrs M Price
Mrs S Bound
26[th] February 2025