The Stsssex Cattle Society
(A Company Limited by Guarantee)
Company Number 0031031
Charity Number 238662
Report and Financial Statements
for the Year Ended 31 December 2023

The Sussex Cattle Society
{A Company Limited by Guarantee)
Charity Number 238662
Index to the Financial Statements
for the Year Ended 31 December 2023
Legal and Administraiive Information
Report of the Council of Management
Report of the Independeni Examiners
Staremenr of Finan¢¥al Activities
Balance Sheet
Notes to the Financial Statsments
Profit and Loss Account
16

The Sussex Cattle Society
(A Company Limited by Guarantee)
Charity Number 238662
Report and Financial Statements for the Year Ended 31 December 2023
Legal and Administrative Information for the year ended 31 December 2023
Constitution:
The Sussex Cattle Society is a Company Limited by Guarantee and a regT'stsred chariry governed by its
Memorandum and Articles of Association. Charity Number.. 238662. Company Number.. 0031031.
Members of Council:
These are appoin￿￿ in accordance with the Articles of A$50ciatson of the company and such members are
directors of zhe company for the purposes of the Companies Act 2006 and trustees of the ¢hArity
The Members of Council during the year under review were".
Mr R Dunn
President
Mr W Hurley
Depury President
Mr PJ Holds£o¢k
Pasc President
Ms J Howard
Chairman
Mrj Harmer
Vice Chairman
Mr E Harmer
Co-opted 2020-2024
Mr J Hickman
Co-opred 2020-2024
Mrs B Hide
Co-opted 2022-2026
Mr R Horsman
Co-opted 2021-2025
Mr D Mastsrs
Elecced 2023-2027
Mr W Peters
Co-opted 2022.2026
Mr L Snelgrove
Elecced 2022-2026
Mr D Spanton
Co-optsd 2021-2025
Mr D Scevens
Co-opted 2022.2026
Mr S Wright
co.opted 2021-2025
Eletted 2023-2027
Co-opted 2021-2025
Secretsry..
Miss SG Kennedy
Registered Office..
Station Road, Roberr5bridge. East Sussex
Bankers..
National westmlns￿r Bank. Ha5ting5 IA) Branch, Havelock Road, Hasting5,
TN34 IGW
Independent Examiners.. Mccabe Ford Williams. Sratutory Auditors & Chartered Accountants,
B2nk Chambers, 61 High Stree( Cranbrook. Kent
Solicitors:
'nklacers & Paines, Barrington House. 59-67 Gresham S¢reeL London
Page I

The Sussex Cattle Society
(A Company Limited by Guarantee)
Company Number 0031031 Charity Number 238662
Report of the Council of Management for the Year ended 31 December 2023
Your Council is pleased to present their reporr with the financial sratements of the company for the year
ended 31 December 2023. The financial Sta￿ments comply with the Companies Att 2006. The Charities Att
201 l and the s￿Eemen[ of Recommended PracEice, Accounting and Reporting by Chariiies (Effective l January
20151.
Charitable Objectives
The Memorandum and Arricles of Association sets out the charitable objettives for which The Sussex Catde
Sociecy is established. They can be summarised a5 follows- To maintain the puriry and improve the breed.
Policies to Achieve the Objertives
The Council of The Sussex Cattle Society Uses two main initiatives to pursue the main objectives..
i. The publication of The Sussex Herd book. The book is published annually and Volume 127 was
published in 2023.
2. Promoting the breed by exhibiting at various shows and events and advertising.
Organisation of the Charity
The Chariry is organised a5 Set out in the Memorandum and Artycles of Association. The control of its affairs
is in the hands of a Council and Members of CoLJncil are appointed in accordance wiih rhe terms of the
Memorandum and Articles of Association. Miss Kennedy, being the only person on the payroll. fdrries out
the day.to-day running of the Charity.
Review of 2023
Frnan¢es:
The Society continues to remain 5rable with general administration cost5 kept co a minimum. Fees will
generally be increased annually in line with inflation dependenc on the Society's financi21 status. The Society's
monetary assets are now all inVes￿d in COIF Charity Investments as appropriate. Sufficient assets are held
to maincain the S¢xiery for several years and to publish the Herd Book and promote the breed. it is felc that
plentiful reserves should be maintained to re.e5tablish the breed if there should be a significant loss of
breeding cactte outside the Society's conrrol. The Council continually assesses the financial sratus of the
Society and suives to ensure that the promotions and publicicy leve15 are maintained or increased.
Membership:
Ac the end of the year there were 123 full, 31 a550ciate and 26 life and honorary members.
HerdL'
During the year 8 new breeders joined the Society. Changes of Ownerships were mad< the majority to
recently established herds. It is pleasing to no￿ that new herds being established tend to have greater herd
sizes than those being dispersed. The national herd of registered Sussex Cattle is now in excess of 2,500
breeding cow5, Wlth che number of female ￿giScrat10nS per annum being in excess of twelve hundred.
The registration database "Pedigree Plus" has continued ro improve rhe process of regi5tra¢ion5 as breeders
are able to make birth returns online via Ihe Society's website.
Page 2

The Sussex Cattle Society
(A Company Limited by Guarantee)
Company Number 0031031 Charity Number 238662
Report of the Council of Management for the Year ended 31 December 2023 continuèd
Shows and Sales:
No Society Shows & Sales were held. A Sussex d2y was held in Ashford Market in April. There are currently
insufficient vendors and animals co make it V13ble to hold a Show & Sale on a specific. stand alone day. Many
vendors and purchasers have indicated that they prefer to condutt saleslpurchases privately off farm due to
the restrittions of catcle health Schemes. The online Bull Catalogue has proved very successful with some
5rock changing hands within 24 hours of being advert15ed. Ic is planned to hold an on.line sale in conjuncuon
with SoLtth East Marc5 and MartEye in the Spring of 2024.
Annual General Meeting:
The AGM vrds held on I l th April 2023 at Ashford Market. The agenda and Yoting paper5 were sent out to
members and votes were counted and the resolutyons passed. Mr R Dunn was elected President and Mr W
Hurley elecced Deputy President.
Members of Council:
The Members of Council are aPpoin￿d in accordance with the Memorandum and Articles of A550ciauon. At
a meeting immediacely following the Annual General Meeting. Ms J Howard was elected Chairman and Mr J
Harmer elected Vice Chairman. Council continued to throughout the year in person and via Zoom.
Reserves Policy:
It 15 rhe wlicy of the charity w maintain unrestritted funds. which are the free reserves of the charity, at a
level that equate5 to approximately one year of un￿$trIc0d expenditure. This ought to provide sufficient
funds to cover the day-to4ay running costs in addition to ensuring the publication of the herd book in
progress.
Breed Promotion:
This year the Stsciety vras able ro have a promotional sond at Heathfield. Suffolk. South of England, Royal
Norfoll Kent and Edenbridge Shows. LI￿rature and information was sent in res￿nSe co enquirie5 by
lephone and email throughout the year. The website is updated as required. A presence is maintained on
FaceEx)ok. A Breeders. Directory was produced. Additionally there was advert15ing in the famiing press as
part of an ongoing campaign to promote the breed. The Bull Sale Caralogue was continued giving an online
presence for breeder$ 10 marker bulls privately. The car2logue was a150 promoted in the farming press.
Risk Management
The Council ha5 examined the major strategic. business and operational risks which the Charity faces and
confirms that sysiems have been esrablished w enable regular reports to be produced so that the necessary
steps can be taken to lessen these risks. Generally the greatest risk to which the Society is exposed 15 beyond
its control and lillked to Government andlor EU policy and regulations.
Page 3

The Sussex Cattle Society
(A Company Limited by Guarantee)
Company Number 0031031 Charity Number 238662
Report of the Council of Management for the Yèar ended 31 December 2023 continued
Public Benefitr.
The directors, as trustees of the company have complied with the duty in settion 1715} of the Charities
201 I co have regard to the public benefit guidance published by the Charity Commi$5ion. To this end the
Society made information on the breed, its history and its place in modern agriculture freely available to the
general public through px)5tal. online and tslephone queries, in addition to the website and at various events
during the year. Additionally. the Society had information stands including live examples of the breed at
educational events at South of England Showground where several thousand children had the opFy)rtuniry to
be given information and to ask questions. Free infomiation packs were also sent to any students making
enquirie5. The Society concinue5 to ensure that Ehe appropriate Ovdnisations are also aware of using the
breed as a contriburor to the Main￿nanCe of environmentslly 5en51tive areas. A publication 15 also available
to give gjidance on the management of the breed, exhibiting and breeding practice in addition to providing
local instruttional sessions as requested. The website now includes 3 section on the purchase and cooking of
beef for the consumer in addition to a list of outlets where Sussex beef may be purchased dirett from che
Prod￿Cers. Training and informacion days will continue to be held offering advice and instrucvon on the breed
and ways in which the breed can be advanced. The Sociecy wll continue to strongly Promo￿ the use of data
¢ollertion through Signet Beeforeeder to assist in breed improvemenL A group specific to younger members
'Su55ex Cattle Next Generation" are holding meetings and training events.
Statement of Directors, Responsibilities:
The director$ are responsible for preparing the financial statements in accordance with applicable law and
regulations. Company law requires the directors to prepare financial ststements for each financial year.
Under that law the director5 have elected ro prepare the financial ststements in accordance with Unitsd
Kingdom Generally ACCeP￿d Accgunring Practice {United Kingdom Accounting Standards and applicable
lawl. Under company law the direttors must not approve rhe financial statemenfs unless they are satisfied
they give a true and fair view of the state of the company and of the profil or loss of the company for that
period. In preparing those financial statements, the directors are required to
select suitable accounting policies and then apply them consistently-.
make judgments and estimate5 that are wsonable and pruden
prepare the financial statements on the going concern basis unless it is inappropriate to presume
thai the company will continue in business.
The directors are responsible for keeping proper accounting records that are sufficient to show and explain
the company's transactions and disclose with reasonable accuracy at any time the financial position of the
company and to enable them to ensure that the finan¢ial Sta￿ments comply with the Companie5 Att 2006.
They are also ￿sPO￿51b1e for safeguarding the assets of the comtAny and hence for taking reasonable steps
for the prevention and dececiion of fraud and other irregularities.
Statement as the Disclosure of Information to IndèpÈndent Examiners:
So frdr as the direcEors are aware, there is no relevant information (as defined by Section 418 of the
Companies Act 20061 of which Ehe company's independen£ examiner5 are unaware and each direcror has
taken all the steps that they ought to have raken as a director in order to make themselves aware of any
relevant information and to esrabli5h that the company's independent examiners are avore of that
informacion.
Page 4

The Sussex Cattle Society
(A Company Limited by Guarantee)
Company Number 0031031 Charity Number 238662
Report of the Council of Management for the Year ended 31 December 2023 continued
Independent Examiners:
The independent examiners, McC3be Ford Williams. will be proposed for re-appointment at the forthcoming
Annual General Meecin&
This Reporr has been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to sm211 companies.
On Behalf of the Boa
enne
Secretary:
Date: 13 March 2024
Page 5

The Sussex Cattle Society
(A Company Limited by Guarantee)
Charity Number 238662
Report of the Independent Examiners to the Members of The Sussex Cattle Society
I report on the accounr5 of the Company for the Year Ended 31 December 2023, which are $et
out on page5 7 co 15.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors of the company for the purposes of company
law} are responsible for the preparatyon of the accounts. The charity's trustses conssder that an
audit is not required under section 144121 of the Charitie5 Act 2011 ("rhe 201 l Act") and that an
independent examinaiion is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is my re5ponsibility'.
to examine the accounts under section 145 of the 201 l Act.,
to follow the procedure5 laid down in the General Direttions &iven by the Charity
Commissioners under section 145{Sllbl of the 2011,.
to state whether particular matters have corrbe to my attention.
Basis of independent examiner's report
My examination v4as carried out in accordance with the General Direttions given by the Chariry
Commi5sioner5. An examination include5 a review of the accounting records kept by the charity
nd a comparison of the accounts presented wirh chose records. It also includes consideration of
any unusual items or disclosures in the accounts. and seeking explanation5 from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence thar
would be required in an audiL and consequently no opinion is given as to whether the accounts
preseni a 'true and fair view. and the report 15 limited to those marrers Set out in the statements
below.
Independent examiner's statement
In connertion wth my examination. no marrer has come to my attention-
l) which gives me reasonable cause to believe that ir any material respect the requirements
to keep accounting records in accordance with Section 386 and 387 of the Companies Act
2006,- and
to prepare accounts which accord with the accounting record5, comply with the accounting
requirements of Settions 394 and 395 of the Companies Att 2006 and with the methods
and principles of the Accounting and Reporting by Chariries.. Statement of Recommended
Prattice applicable co charities preparing their accounts in accordance wth rhe Financial
Reporting Standard applicable in che UK and Republic of Ireland IFRS 102) (effective I
lanu3ry 20151
have not been mer.- or
2) to which, in my opinion, attention should be drawn in order to enable a proper
un
erstanding of the accounrs to be reached.
March 2024
obbyer FCA
Mccabe Ford Williams
Statutory Auditors and Chartered Accountants
Bank Chambers
61 High Srreet
CRANBROOK
Kent TN17 3EG
Page 6

The Sussex Cattle Society
Charity Number 238662
Statement of Financi￿ Activities I Income and Expenditure Account
for the Year Ended 31 December 2023
Beefrjreeders. Contlngency
Support
Promotion
Fund
Total
Funds
Tot
Funds
General
Members.
Note
Fund
Fund
Fund
2023
2022
Income and Endowments from".
Subscriptions 3nd Donations
Other Income
Investmeni Income
12.938
46,109
5,547
43.946
6.405
43,946
6.405
Totsl Income and Endowments
63.768
63.768
64,594
Expenditurè on:
Charitsble Expenditure
Management & Adrnini5tratK>n
ol the Charity
58,813
58.813
47,080
18,2n
18.2n
12.873
Tot￿ Expenditure
77.085
77,085
59.953
Net Incomelexpenditure
before gains on investments
4,641
Net g￿n$l(loSseS} on investments
Realised ILos51 on In¥e5trnEnt Asset
Unrealised GainllLos$esl on
Investment Assets
14,229
4,229
123.867)
Net incomelexpendi￿rÈ
912
119,2261
Transfers between ￿ndS
Trdnsfer to Beefbreeder Support
Fund
Net Movement in Funds
119.2261
Réconclllatlon of funds
Total funds brought forward
231338
3.917
240.755
259,9BI
Total lund5 carried fon¥ard
233,250
4,500
3,917
241,667
240,755
The note5 lorm part ol the financial st3tewts

The Su$$ex Cartle Society
Charity Number 238662
Balance Sheet
as at 31 December 2023
31.12.23
31.12.22
Note
Fixed A$$et$:
Tangible assets
Investments
13,379
191,076
11202
176,848
204.455
189,050
Cu￿ent A55ets:
Stocks
Debrors
Cash at bank and in hand
772
4.989
36,919
41680
965
12.275
42,618
55,858
Creditors: Amounts falling
due within one year
5,468
4,153
Net Current Asset$
37,212
51.705
Total Assets Less Current
Liabilities:
241,667
240,755
Funds:
Beefbreeders, Support Fund
Contingency promotion fund
Life members, fund
General fund
4,500
3,917
233,250
4,500
3.917
232,338
241.667
240.755
These financial sfatemenr5 haye been prepared in accordance with the provisions ol Part 15 01
the Companies Acc 2006 relating to smill Co￿panies.
The financial stateM￿ts were approved by Council on 13 March 2024 and signed on its behalf by
Jane Ho
an
john justin Harmer
Vice Chairman
Page 8

The Sussex Cattle Society
(A Company Limited by Guarantee)
Charity Number 238662
Notes to the Financial Statemènts
for the Year Ended 31 D¢¢¢mber 2023
l. Statutory Information
The Su55ex Cattle Society is a private company, limitrd by guarantee. regiS￿red in England and Wales.
The company's registered number and regi5rered office addres5 can be found on the Company
Information page.
The presentation currency of the financial statements is the Pound Sierling 1£).
2. Accounting Policie5
Accounting convention
These financial sr3tement5 have been prepared in accordance with the provisions of Section IA "Small
Entities" of Financial Reporring Standard 102"The Financial Reporting Srandards applicable in the UK and
Republic of Ireland" the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Sratement
of Recommended Practice applioble to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffeccive l Ocrober
20191. and the Companie5 Acr 2006. The financial Statements have been prepared under the historical
cost convention as modified for the valuation of investments at market value.
Income
Income is recognised in the financial statements on an accruals basis. ayarr from investment income,
which is recognised in the financial Statements when received.
Expenditure and cost allocation
Expendirure is accounted for on an accruals basis and has been classified under headings that ￿dg￿Sate
all cost related to the category. Items of expendicure that involve more rhan one c05t category are
apportioned on a just and reasonable basis.
Investments
The investment5 have been included in the financial statements at market value.
Cash at bank and in hand
Cash at bank and in hand includes curreni and deposit account5 held at banks arid COIF Charities
Investment Fund.
Taxation
The company has charFtable 5ratus and 15 not liable for taxacion.
Directors
No member of Council received any remunerdtion during the year.
Gift Aid
It is the policy of the Sociery 10 recognise the intome tax recovery once the claim has been 5ubmicted.
Page 9

The Sussex Cattle Society
(A Company Limited by Guarantee)
Charity Number 238662
Notes to the Financial Statements
for the Year Ended 31 December 2023
Tangsble fixed assets
Depreciation is provided at the followng annual ra￿5 in order to write off each asset over its estimated
useful life.
Freehold property
Equipment
Computsr equipment
not provided
15Yty on a reducing balance
3 years on a straight-line basis
Freehold property
The Society's freehold building is not depreciated. Its expected residual value at the end of its useful life
15 considered to be substantially in exces5 of it5 book value of £9.977. The properry is currendy insured
for £230.016.
Stocks
Srock 15 walued at the lower of cost and ner reali5able value. after making due allowdnce for obsolets and
slow moving items.
Contingency promotion fund
The Contingency promotion fund represents sufficient funds set aside to promote the breed at major
5how5 *n the event of insufficient monies being raised in any year.
Life Members, fund
The life members, fund represen¢5 sufficient funds set aside to provide benefits to life members in the
evenr of insufficient monies being raised in the year to do so. Life membership subscripcion5 are included
in the toral in the financial Sta￿rnents in the year of receipt.
Beefbreeeders, Support Fund
£ I 0,000 vras transferred into this fsjnd on its incorporation in November 2012 to encourage the society.
breeder5 ro uke up Signet Beefbreeder membership. A discount on Capitation Fees will be paid
retrospectively for breeders who rake up the membership, the discouftr co recognise weight recording
and scanning. A further £10.000 was trnnsferred during 2018.
In 2022. the Society berdn to pay £3,000 per year for Signet Beeforeeder membership, and mernbers of
the Society can enjoy free membership of Signet Beefbreeder. This fund has reduced to £nil and no funds
will be tfdnsferred into the SL¢PPOrt Fund for rhe foreseeable future.
Fund restrictiOFb
All of the funds are unrestrlc￿d.
Pension costs and other p05t-retirement benefits
The company operates a defined ctsntribution pension scheme. Coniributions payable to the company,
pension scheme are charged to profit or loss in the period 10 which they relate.
Page 10

The Sussex Cattle SocKety
(A Company Limited by Guarantee)
Charity Number 238662
Notes to the Financial Statements
for the Year Ended 31 December 2023
Significant estimates and judgèments
In the application of the Trust's accounting policies. the Tru5tee5 are required to make judgements,
esrimites and assumptions about Ehe carrying value of assets and liabilitie5 that are not readily apparent
from other source5. The estimates and underlying a55UmPtions are based on historical experience and
other factors that are considered relevanL Actual results may differ from these estimatss. The estimates
and underlying assumpuons are reviewed on an ongoing basi5. Revisions co accounting estima￿% are
recognised in the period to which the estima￿ is revised if the revision affects only that period or in the
period of the revision and future period5 if the revision affe¢L% both current and future period5. The key
sources of estimation uncertainty that have a significant effett on the amounrs recognised in the financial
statements are the depreciation raie and residual values of fixed assets. The Tru5tee5 consider that the
depreciatyon rate and residual values are appropriats.
Going Concern
The Trustees consider chac rhe Trusi will be in 3 position to meet its financial obligations for the
foreseeable future and that there are no material uncertainties relating to going concern.
Page I I

The Sussex Cattle Society
Charity Number 238662
Notes to the Financi￿ Statements
for the Year Ended 31 December 2023
Other Income
31.12.23
8,175
31.12.22
Herd book entries
Prefixes
Herd Book & sundry sales
Transfer fee5
Herd capitation
Show and sales commis$ions
Semen projec(
Gift Aid
Herd competition
12141
4,140
30.338
2,224
30,396
750
1,383
277
46.109
1,543
43.946
Charitable Expenditure
31.12.23
31.12.22
General Fund
24,898
163
24,425
21837
102
14.666
1,020
1.638
1,077
2.185
1.250
382
Travelling expenses
Promotions and publicity
Herd Bot>k printing
Semen project
Signet Sub$idy
DNA ¢￿tIng
Herd d#ob#se
Depreciation
Loss on disposal
1.878
1,000
504
58.813
45,157
Beefbreeders. Support Fund
Signet Subsidy
1,923
1,923
Total
58.813
47,080
Management and Administration ofthe Charity
31.12.23
31.12.22
2,538
3.208
5,237
1.890
Salaries
Office costs
General office costs
Accountancy and audit
Bad debES
2,767
3,406
9,700
399
18.272
12.873
P2ge 12

The Sussex Cattle Society
Charity Number 238662
Notes to the Financial Statements
for the Year Ended 31 December 2023
Income and Expenditur¢
The incorne and surplu5 are attributable to the charitable activloes of the company 3fter
charyn¥.
31.12.23
31.12.22
Depreciation- owned assets
Los5 on disposal
AccountanrlAudi1or's remuneratyon
504
382
2.000
1,890
Tangible Fixed A$sets
Frèehold
Property Equipment
Totals
Medals
Cost:
At I january 2Q23
Additions
Disposals
At 31 December 2023
27.678
9.977
17,501
1,681
15251
18,657
200
15251
28,834
9,977
200
DepreciatTron:
A¢ I january 2023
Charge for year
iminated on di$posal
At 31 December 2023
15.476
504
15251
15,455
15.476
504
15251
15,455
Net BoolL Value:
31 December 2023
13.379
9.977
3,202
200
31 December 2022
12,202
9,977
2,025
209
The freehold property owned by the Charity was valued at £195,670 by Lambert & Ftsster in
December 2023 and is currently insured for £230.016.
Page 13

The Su55ex Cattle Society
Charity Number 238662
Notes to the Finahtial Statements
for the Year Ended 31 December 2023
Fixed As$et Investments
Cost or Valuation:
At I Janu￿ 2023
Addition$
Di5P05a15
Gain on revaluauon
176,848
14.228
Loss on disposal
At 31 December 2023
191,076
Net Book Value:
31 December 2023
191,076
31 Decetnber 2022
176,848
31.12.23
31.12.22
Market Value of Inve5¢ments list
on recognised sttsck oxchange
191.076
176,848
The oriynal cost of rhe investments was £140,000131 December 2022 £140.(XX)I
Stocks
31.12.23
31.12.22
Stock of promotionil IEem5
772
965
10. Debtors: Amounts falling due
within one year
31.12.23
31.12.22
Prepayments
Trade debtors
2.144
2,845
1,947
10.328
4,989
12,275
Page 14

The Sussex Cattle Society
Charity Number 238662
Notes to the Financial Ststements
for the Year Ended 31 December 2023
Creditors: Amount5 falling due
within ont year
31.12.23
31.12.22
Trade creditors
5,468
4,153
5,468
4,153
12. Employee Costs
31.12.23
31.12.22
Salaries and wages
National insurdnee
Pension
26,862
24.631
744
27.665
25,375
The 2¥erage number of employees during the year Yfds I.
Trustees Remuneration
The trustees I￿ not remunerated and have hid no payments for expense5.
14.
Related Party Transactions
There are no related party tran5attions durlng the year.
Pen$ion Commitments
The company rÈached its stagng date lor Auto Enrolrnent on l February 2017. Contributions
by the company were £80312022 £7441. At the year end ernp1oyer contributions ol £nil 12022
£nill had not been paid across to the scheme.
16. Limited knability
The company is Limited by Guarantee. The wtsrd"Limited" is omitted by Licence ol the Board of
Trade. The company ha$ no share tapita1 and rhe liability of the members is limited. In the event
ol the company being wound up the liability for each member shall not exceed 11.
Page 15

The Sussex Cattle Soclety
Charity Number 138662
Profit and Loss Attount
for the Year Ended 31 December 2023
31.12.23
31.12.22
Income:
SubKriptions and donatK)Tr5
Herd book entries
Prefixes
Herd book & sundry sales
Transfer fees
Herd capitation
Shows & 5ale5 commissions
Export certificate5 and sales le¥y
Semen project
Gift Aid
12.938
8,175
80
4,140
30,338
2.224
30,396
80
1,543
750
Herd competition account
277
57,363
59.047
Other Income:
Investment income
Deposit account interest
4.997
5.237
310
6,405
63.768
5.547
64.594
Expenditure:
26.862
803
24.631
744
102
3.208
5.237
1.890
Pension
Travelling expenses
Office costs
General office costs
Accountancy and audit
Bad debts
ProrTlOtIOn5 & publiciry
Herd Book printing
Semen project
Signet 5ub5idy
DNA testing
Herd d>Eabase
3,406
9,700
2,000
399
24.425
1.144
1,878
3,000
14.666
1.020
1.638
3.000
2,185
1.250
1.0
76.581
59.571
5.023
Depreciatlon..
Equipment
Loss on disposal
504
382
504
382
Net Profitl{Loss)
4.641
This page doe5 not form part of the statutory financial sraiement5
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