MINSTERLEY SHOW SOCIETY Chari No. 2S1907 FINANCIAL ACCOUNTS FOR THE YEAR ENDED 20 SEPTEMBER 2024 James, Holyoak & Parker Limited Chartered A¢¢Truntants
THE MINSTERLEY SHOW SOCIETY TRUSTEES REPORT FOR THE YEAR ENDED 20 SEFfEM R 2024 The Trustees pr¢$¢nt their annual report and accounts for th¢ year ending 20th S¢ptember 2024. Th¢ Trustees responsilTrle for the Manage¢llt of the Charity who Bre eligible for re-election on & rotational basis ar¢: _ C. Sandells (CThairniaD of Trustees) K. Manning A. 1])omas (Society Treasurer) Mrs A. Dale M. C Dyas R Rowlands B Conde SHOW RESPOI¥SIBILITY The Trustees del¢gate the running of the society's annual show to th¢ committee. The Dames of all committee members are shown in the notes to th¢ accounts and Are subject to re-election at the AGM. All members of the committee give their time voluntarily and receive no b¢nefits from the sociery. Young people, that have expressed an interesi in the show, are encourdged to join th¢ ¢ommittee in order to secure the society's long-t¢m re and broad¢n the skill base of the committee. OBJECTIVES AND ACTIvrrtES The aim of the society is to organise an annual show for the publi¢ benefit of the people of Minslerley and the 8UTrounding area. The annual show promot¢$ agriculture and its associated crafts through rompetition and educational exhibition8. The show features s¢¢tions for hors¢s, dalry and beef c&ttl¢. sheep, pouliry> goats, horticulture and handicrafis. Th¢ society aims lo Strenen social networks and further improve support to the agricultural community and young Tural people whilst also T¢a¢hing out to the widcr urban population. The Society arranges socia] events to fvrther support th¢ show financially? and involve the local community in the shows patronage. PUBLIC BENEFIT The tntstees have referred to the guidance contained in the Chariry Commissions. general guidance, on public benefiting, when reviewing the aims and objtiveS of the society and in planning fure a¢iivAties. The trustees are pleased io report that il is able to provide oth¢r Charities and organisations with fre£ irade stand space; these are namely The Hary Johnson Trust, R.A.B.l.. Lingen Davies Cancer Appeal. Shropshire Rural Support, Midlondg Air Ambulan¢¢ aud Communily Wellbeing. The so¢tety sponsors. in its entirety. a'*illage ¢¢n- area where professional entertsiners entertain and educate both young and old alike. This area of the showground has always attracted considerable inl¢r¢st. On a biellnial basis Bishops Castl¢ and Onny Valley Rugby Union Football Club have the use of ih¢ main Marquee and its asso¢iated infrastruclure. at a greatly reduced rate, for a Sunday lunch. This is their only fijnd-raising Venre aud it ensura thht the club can maintain its excellent standards of coaching and support to s¢ver81 teams of yOUDg players. Th¢ trustees. wlth comrnittee approval, also gtve con8id¢ration to occasional buTsaries for young peopl¢ living in the area to eith¢r further their studi¢s or to provide $ponsorship for educaiional trips.
THE MJNSTERLEY SHOW SOCIETY TRUSTEES REPORT Coot'd FOR THE YEAR ENDED 20 SEPTEMBER 2024 IUSK MANAGEMENT The tTusi¢es and society offi¢¢rs review the various risks facing the so¢i¢ty on an annual basis. Th¢ trustees note that the society holds cash reserves equivalent to over two ye8n' expenditure and regard this a5 a prudent financial position. The Trusiees ar¢ pleased to report that plaos are ongoing for the staging of next year's show, which will be held on Saturday 16th August 2025. This will be the second show at the current sit¢. The current lease is for a three year terni and the Trustees have asked the Ci)mmittee (o seek a more long tern) proposal when psIble. VAT The Society is not registered for VAT. The income for the year has exceeded to th¢ VAT registration threshold of £90.OIK>. The Society ¢onsiders that the annual show falls wilh the VAT exemption for ndraising events under Group 12 of Schedule 9 to the VAT Act 1994. Accordingly. th¢ gate admissions are exempt sales for VAT and ihe Society has not exceeded the VAT registration threshold. The Socieiy has reviewed wh¢th¢r a voluntary VAT registration should be made and deietmined thai it is not beneficial to do so. This will be kept under resiew. FINANCIAL REVIEW The Societys Receipts and Payments Account for the year ended 20 S¢ptember 2024 sbows tt surplus for the period of £12,125. Cash reserves stood al £200.210 at the year end. At the siart of the year £40,000 was invested into a CCLA Deposit a¢eount to provide a high¢r return on the cash reserves of the society. Separnte cash deposits are held with HSBC and Shawbrook banks lo manage risk The 2024 show had an excellent attendance which was refiected in 0rd gate receipts and contifju¢d gr0h in trade stands income. Overnll ¢osts have risen. in part due to increased costs s¢tting up a n¢w show ground which bas led io a low¢r net surplus this year. Th¢ show was again aided by good weather this year and success of previous shows, however. as costs continue to rise alld weath¢r events more unpredictable, it is important that the Society do not b¢¢ome complacent. INDEPENDENT EK4MINER Jam¢s. Holyoak and Parker have been re-appointed as indq)endent examiners for the ensuing year. For and on behalf of the Trustees. cv) sm. . C SAndell$- Chalrman of Trustees Dated 19: November 2024
INDE DENT EXAMINERS, REPORT TOTH F THE MIN RLEY S CIETY We report on the accounts of Minsterley Show Society for the year eaded 20 September 2024 which are s¢t out in the following pages. ctlve re$ nslbiiities of the Trustees and Examlner The Trustees are responsible for the prepaTation of the accounts. Th¢ TDJsiees consider that an audit is nol required for this year under Se¢lion 144(2) of the Chariti¢8 Act 2011 {"The 2011 Au") and an independent examination is needed. It is our responsibility lo.. examine the a¢¢ounts under section 145 of the 2011 A¢1. to follow the procedures laid down in the general Directions given by the Charity Commis$i¢)n (under section 145(5)Ib) of ihe 2011 Act, and to Stat¢ whether particular matters have Cojlle to our attention. Basls of Inde ndent Examlner'l Re Our exomination was caftied out in accordance with Genetzl Direction8 given by the Charity Commission. An examination includes a review of the accounting records k¢pt by the Charity and a ¢omparison of the accounts presented with ihose records. li also includes coJisid¢ratiOD ofany unusual items or disclosures in the oceounts. and se¢killg ¢KplanatiOnS from tbe Ttustces concerning any such matters. The procedure8 undcnaken do not Provide all the evidence that would be requir¢d in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limid to those matters sd out in the ststement below. Ende nd¢n¢ Examlnersl StAtem¢nt Jn connection with our examination. no matter has Come to our attention: (i) which gives us reasonable cae to believe that in any material respect th¢ r¢quirements to keep 8ccounling records in acconJan¢e with section E30 of th¢ 2011 Act, and to prepa accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not bccn m¢l' or (2) to which. in our opinion. att¢ntion should be drawn in order to ¢nable a proper understanding of the a¢¢ounts to be rea¢h¢d. JAMES, HOLYOAK & PARKER LIMITED l Knights Court, Arehers Way? B4ttlefleld Eoterprlse Pir14 WSBURY SYI 3 Jonathan Rimmer F.C.A. Chartered Aecountnts Dated: 19 November 2024
THE MINSTERLEY SHOW SOCIETY AND PAYME ED2 FORT 24 Note 2024 2023 INCOME RECEIPTS Show Receipts Annual Social Sunday LunchlAuction Interest received l(a) 2(a) 2(b) 99.058 99,427 11.616 3.144 4.801 103.859 114.187 PAYMENTS Show Expens¢s Annual Social Sunday Lunch/Auction i(b) 2{a) 2(b) 91,734 82.614 8.362 Total Paellts 91,734 .676 Net {Pairynent5)IRe¢eipts for the Period Funds brought forward 12.125 188,085 23,211 164.874 Funds earriryj forward 200.210 188,085 REPRESENTED BY: Curreni A¢¢ount Pranium Business AoUnt Shawbr(x)k Bank cctA Deposit Account CCLA {ChaTity Investment Fund) 545 36.719 51.637 41,309 70.000 26.277 40,613 51,245 70,000 200210 188,085 For and on behalf of the Committ T. Sellers- Society Chairman /WtsJ.... A. Thom48- Treasurer Trugtee Dated: 19 November 2024
THE MINSTERLEY SHOW SOCIETY NOTES TO THE RECEIPTS AND PAYMENTS Accouiyr FOR THE YEAR F.NDED 20 SEFfEMBER 2024 2024 2023 1(8) SHOW RECEIPTS Lai¢ 2023 Receipts Gat¢ Admissions Estimated Catalogue Sales Sponsorship Trad¢ Stand Re1p¢S HoThe Section Entry F¢e5 Agti&fjlortlMis¢ Enty Fec5 Advertising Membership Donations BaF Commission Lunches Show Field Rent Rcceiv¢d Mis¢. Income 930 50,920 500 16,152 20,904 3,868 3,IH7 1,120 940 350 327 1,160 42.455 500 18,026 19,020 4,626 3,034 1,270 1.125 350 1.580 6281 99,058 99.427 l(b) SUOW EXPENSES Late 2023 penSeS Prize Awards.. Horse Sectton Agriculiurdl Horlicultural Miscellaneous 926 3,126 5.872 1,466 172 13.702) 15.241 2,059 3.402 2,700 8,465 2,924 4,090 852 3,990 1.686 700 6,712 7.471 2,284 5.001 5,750 350 3.789 5.872 1.181 172 (3,205) 16,954 1.891 2.598 1,542 7,579 1,897 4.285 345 3,888 1,415 700 5,445 5,177 1.721 954 5,750 Uttpaid Awards Marquee Htre Hxre of Toilets Hire of Barriers Misc¢llaneous EquipmeDt Hire PrinliJ)g & Stationery Adv¢rtisit)& Publicity & Websitc Insurance Premiums Judges Expenses Calering lknbli¢ Address System Light, Power & Contra MI¢11ae0uS Sponsorship EntertaiDment Security Administratiot) Expenses Annual Ground Works, Repairs & Mainlenance Officers Honoraria Gatc and Casual Labour Show Day First Aid R¢placement Show Signs & Sundry Equipment Additions io Equipmcnt Professionai Examiner's Fee Gifts- I)onations Trophy Expenditure Meeting Room Hire Show Field Rent Health & Safely Bank & PayPal Charges 2.820 384 389 264 494 2,387 696 246 70 4,000 750 1.376 7,045 9(K) 926 91,734 82,614 PrOntJ(t5) for Yt*r on Sbow Aceount 7J24 14813
THE MINSTERLEY SHOW SOCIETY NOTES TO THE RECEIPTS AND PAYMENTS AccouNr FOR THE YEAR ENDED 20 SEFfEMBER 2024 CONTINUED 2. {8) Soclal Account 2024 2023 In¢om¢ i£ss Expenses SuTph (b) Sunda Income L. Expense8 LunchlAucilon Account 11.616 (8,362) Surplus 3.254 ststement of Ass¢1$ & Liabiiitles ai 20 Se iember 2024 2024 2023 Silver Plates, Cups & Trophies Current value for insurance purposes 29.220 29220 Bank aTJd Cash balances 200,210 188.085 CAttle & Sheep Pens. Hurdles, Stillages & ElectTi¢al Fittin (estimated and reiis¢d insurance v¢) 13,500 13,500 lo Remunerwtlon The Society has no paid employees other ihan casual workers who ¢ary out admis8iOllS duties on Show Days - total cost 2024 - £0 (2023 - £0). rs Remu and Ex nses No reD]uneration 18 PAid either dir¢¢tly or indirectly to any officer of the Society. Offi¢er$ re1Ved annual honoraria by way of reimbursetttent of exp¢ns¢s as follows:. 2024 2023 Mrs. S. Sandells (General Secr¢tory) Mrs. C. Hancock (Hi)rse Section Secrelary) A. ThomAs (Treasurer) Mrs. C. Jones (Trade Stands) T. S¢ll¢rs (Chainnan) 2,500 1,500 1.000 500 250 2,500 1.500 1.000 500 250 5,750 5.750 Rur41 Pa ellts A n¢ ' R¢eel Any RPA payments ar¢ claimed by the So¢iety'5 agent on behalf of the Society's landlord and are forwarded directly to the landlord's agent. The Sociery does not receive any money d]rely.
THE MINSTERLEY SHOW SOCIETY NOTES TO THE RECEIFfs AND PAITrIENTS ACCOUNT FOR THE YEAR ENDED 20 SEvfEMBER 2024 CONT Members of Committee The Society is administered by a Committee comprisin- Officlals President Chairman Show Secretary TT¢asurer Horse Section Secreiary Goat Se¢lion Secretary Poultry S¢ction Secretary Art & CTafts Secreiary Food Hall S¢¢retary Dog Se¢r¢tary Vintage Tractor5 oificer Publicity Offic¢r Trdde Stands Officer Trade Stands Assistant Sponsorship CopOrdinatOT IA)gistics oifi¢er Chief Gate Steward Chi¢f Steward Horticultural Section Chief Steward Dairy S¢¢tion Chief Steward Beef Section Chi¢f Stewards Sheep Section Trophy Steward Classic Cars & Vintage Motorbike8 P. Dudleston T. Sellers Mrs. S. Sandell$ A. Thomas Mrs. C. Hllnck Mr5. J. BeaTd D. Challenor Mrs. H. Huntbach Mrs. C. Dal¢ Mrs. A. M. Hill S. Middleton Mrs. R. Wilson R. Parry Mrs. C. Jones Ms. H. J. Mccall R. Rowlands N. Manning Mrs. J. Clarke N. Challcnor. P. Davies & A. Dale N. Van¢e & C. Hamer R. Davies & Ms E. Conde MTS. J. G8$kill M. C&ddi¢k Committee Members: Mrs. L. Bowers P. Ch¢steTS V.A.Chidley V.J. Chidley B. Conde J. Hughes D. Jon¢s M.C. Jone8 M.P. Jones Mrs. J. Jones Mrs. G. Manning Miss. V. Rowlands C. Sandells Mt3. S. Conde Mrs. C. Cooper A. Dale C. Davies Ms. H. J. Mccall W. Onions N.S. Owen Mrs. R. Ow¢n Mrs. C. PaTry B.D. Pti¢e Ms. A. Pritchard Mrs. K. Pritchard P. Prilchard J. Randles MTS. M Sheppard Mrs. C. Summers J. Summers Mrs. J. Summer S. SuJnm¢rs M. Thomas T. Duckett Mrs. R. Edwards J. Gittin$ Mrs. S. Griffiths C. Hwner R. Hamer G. Trow MTS. E Tudor P. Thdor W.E. Hamer B. Roberts Mrs. J. Vance