## **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