RFfjffERFD C.OMPANY NLNTBER: 34649 {EnRland alld W'*l¢s) REGISTERED cHARy NiTMBER: 25911)9 RLP R'l. , TfF.D .IA N pni i. DnRsrr SH BREEDLR ' IATI MiKlYlls Llwitzed Accounlanly L John's Hou4c SomLY¥¢l TAI 4AY
DC)ILSL'I' HUIL% AN'T) PnT.T. DnRSET 5HLLP cui% F THE MANCIAL lTF.fTh . FOR'fiiL VF.AR F.NDF.D JI AUGLST 20 Pgo Rep•rt of Ike'frl¢¢ JDdtwt Rrport Ststrrn¢Dt of Atththi 1S•lAp¢e Shttt lo the FIMTrclal StaitiibcAt¥ 9 k¥ 16 Dtslled %ttcmelll DfFID•hd*l 17 lil
rK)RSET H()RN ,I)D Pnl.l. DORSET SHEEP RT AR FTH Y)R 'I'b¢ W¢¢5 wjw u¢ al¥0 d¢clIM of thc chanty hr thc Ppty orth¢ Lompani¢s Aa 2(K16. prrsem ther Trwrt with thc finaneill sw¢muJts ot. thc ¢lthrity for th¢ year crthd 31 All1 2024. Tr Injsl h•sr ath)pttd prosuiany of AceollniinA RcwJrtiAg by Clwiticq.. Stat¢TrI tsf Ree(fft)mcndtd Practice Applicable tL% ehAritit% prtpxrin£ their accounts in aL'C4)rdancc uryth thc Financ1 RcportiTh8 Sthtthrd applicab]c in UK and RtFAth1 of Ir¢kn IFR.8 102) ¢ff¢Fliv¢ l Janwary 2019), nlUF.C.TTh7.S AND A Ob}t¢lii'rs #lm Tbr prllKwI objyrl vl th¢ •¥w(wlJuu iu th¢ yrar Ler r¢%'ini' th41 of vf thr breNlms of tk)r¥¢l Horn Shc
usyr4iul pediyrr¥ UZLdertukns ts art*itrDfe upoN azxl KiIL¢ dL5pc4 and qucstiow to or fODts with DoTSCt Hotll Wbd Poll Dor& Shffp vjd the br¢ryJll)g thrrrol..
DUIISET IIV ND POI.I. DnRSET SHE BRLLDERS ASS RF.PfiRT (PF THE TRU5TLES ALIIIEVEMEhl ANI) PF.RFORMAliCF. Revlew Of Aclivilxs •nd Fwt•r¢ Dtv¢l•pmets rhrin8 thc year from Sepmbu. 2023 w AuwpiL 2024. .57 nN' applic&ti¢Y4 for rrrtmW'p WLY¥ icccivrd ISJ. Thcf¢ re ?K re%ibThtions or t]ock th"bpcr&i]s. wiib g) It rernrnin# their rerM41 f4)nN. Tb¢ new mcmbets. th•1 G¥%plLd b¢foir the 2n?4 F]rJck Book wujt to prinl w'rrr abl¢ ro incl. and mernlTh are liLdl b¢ino allra¢te41 thrvugh Ib¢ appnJv¢d ¢¥4¥ themc. Thts. ¥k4)w7 2Th1 wcrc kld at tter (May FJirl, CJili%le, Woic¢#cr. Llwthvery. Sknpl¢)n. Lanark. Ilowvvrr. trwA. bten a little di¥winting thi5 )rar. Tr in-lamb T¢1 Mlc iii M¢livn mO.bY L)nec ayin in NoTrtmb¢r. 2024. Th. lh¢ flk competition judged by Sam Dn'ver. who trsvcll¢d tk Tth br¢Jth of Ily county iud8in8 r)orscts in all thcw dTtr[ >WToundin88. must pv¢ll Iv buD fvr hi¥ tim¢ cffon to cany oui judyn¥ 01 rhc Dorxcts ba%r u¥d¢ o bi¥ imp"ILt on thc shrriog ¢ir¢uii yur wirh g)m¢ cxccllcnt Tf5u115 irms hI4d thmuBhout the courltsy. Our Nali0tsi1 thi ytlr held thc Roy41 LaDu$hir¢ Sknw Thith pvrlin¥ Il ith an excellcnt nunkn oCentrKs. Jud¥ttl by our PrcibdcnL Williwj Carm Th¢ 201f NAtithJul li iu br h¢lJ Jt th¢ Rc)yal Cornw] Show m JUDE. Tbc Sl¢lY wa> rePSn at t NSA tonI1 Shco. NSA N¢)nb Sb¢¢p •rMI lh¢ CirouTh&TrKII Event. IlV L7vYwd¥ ve present at all th¢re ¥lill x¢ms a smwing int¢r¢ll m the Drx5d¥. Ti)> win k giv¢a to thoJE nMberS thai gair up their Iv Pr¢ aiid trWkV)rt ¢P Ir th¢ stand&. GrA&srnctyts rcc47rdinR 5M. in its mth PTVi'in8 v¢ry )pUlar Nith our nKmbE7¥ TTwov¢mD4$ art b¢in¥ mxk. all Ik lin)0 MTrTC and mof¢ mcmbm huvr ihc plutsAC tt) rcRister their Sep on linr. ib7xI n app¢u havr fuund il •1 diffKult &¢ tly li MIK bc. Ayit). thc brccd brLKIuATE Pru[¢d A.$ 0w1 th'strtbutcd w all the %tso al skn. In ddits'on 10 th¢ 2024 FIo¥k Th'hi¢h resistrred 516 1MnbeT¥ lin¢hJdin8 16 rnembm). h•ve r¢¢¢iNtd rcguiar DeN%11¢p5 kLxyin¥ tkm inffifftd of. and a> up lo J•1¢ s w)s$iblc wit7L tivItI afyj othcr mtr& "rhc W¢bsi urthrgonc a mlljor Ihis And iccrn to very Mrll ith our nbb]P iih il 4pp¢arin8 to k very w frlendly. Tbank¥ mug IK" 8ivcn to Emily foT this. Mor¢ aThd nx>Tt Int4)rntiUn is xnl ¥I¢¢tr¢nj1ly. uthere pos¥ibk in an ¢ffort io iry and retse eXj11u. Tb¢ 2Q24 AGM li io bc held In K¢aL FtYAYCIAL R%,ALw Ai ihr ¢n(l of d)c re[18 PUM)d thr cban'lyl rt¥uY¢$ of £133.614 1131 AU¥ 20•4 Myc in ex¢us of l¢brl dilul in ifs w)licy of twelst Krthth5 unrrslriGt¢d exalL Prtmdpl fuDdini yourr Th¢ pr1¥1 source of funds fw ihr Jwity at¢ qthKripiioAs Irorn 7wnb¢r¥. In)'¢smwbt p•llcy ad obJ1V Under Ihe M¢muranthim aTrJ Articles of thc chuity hu thc lu any invtmr£rn Ythicts th¢ t1)wl1 see tit. Tr C.nuncil ol. h•v¢ ¢offisidcrcd th¢ Jpprvprli. wltcy inK%ting fonds aThl hiv¢ that • low risk iDv¢th)cnt in thc lotzn orb dwit mcet their cullvnl Ywuir¥m¢DI& Page 2
DnKSET H RN .4ND POLL DORSET SHEEP REPORT OF THL TRUSTLL5 . TrjR END I AI:,CL'.ST 2024 FINANCIAL REVJEW R¢xn'¢s ppli(y 11 15 Ihe polKy of th¢ Lharity io mwnlain w¢5trx'led fwjds, wthi¢h •T¢ the fr¢c reqerve$ csf chuiry. It wllnith a¢s 4ppmximatcl)' ¢ Months unrestri¢ic4J expenth'fuye. Tkns pwvides 5UtfjcieJJl funds ro cover aN1 administstion 4fy1 support ¢osts. Vnrutrbctrd fuThls NrTe Malnttird thi3 level tlrougknui the y#r. eoncer• Tlr¢ are mit¢rial un¢<11]e tt ehritys ability o)niinuc )n¢tL STRucfuRE, fA>vEKYKYCL LYD MANAGEMENT Tk ¢Vity is cvnirt)Il¢d by it$ 8tsv¢rnin8 a thed of trUSL c¢nsiIw¥ • lirniied ¢oftyny, limitrd by ¥uaranl¢¢. d¢fiKd by th¥ Cryic$ Act 2006. Tr Horn and Poll Dorsti Shecp BtVEdu5' A5wriation is limiwxl by 8UfaThtre arbd Ls repstered Chariry Thith & Chariry Commission. The AtlaÉrs of th¢ Cblnty llrr by It¥ MerTh)rwth Artidu of Asyxi•iion. Th¢ Liabiliry of ih¢ in th¢ eveAt of the Lhanry bcing Illbd up li limif¢d to O gwn nnt cxcccdiDg £1. Tk govcrning body of thc awity is a Council of MlllaEf]l. Th¢ Counril vf A>weiatM)n shall consist (If l tlccrcd nmkrs tolcihcr with cx.offi¢io InemlI to thc they are nol cie¢ted by lh¢ co11, Tr eX1clO ¢mb¢rn SI]7 ¢onsi$i of th¢ Pr¢$¥dcni atsd thc Tlcwcr. ThDJc peryons who Iwe b¢eJJ thr howrny otrw or Vi4r PTwi¢kni thall b¢ fX•yffJ¢io m¢mb¢rs of th¢ ¢¢Amcil. rtKuKil sbRU be ¢lx(ed at th¢ ADDuai MY¢lJ4 by th¢ m¢mb¢rs theo PUSOf4lly pres¢nL The CouDCi] ChainDw Council l'ice c7]ml th¢ Trcuurrr S1] bc womted Jrthually by th¢ of tb¢ ¢ouncil •L Ikir first held followins th¢ ATmuI Meain£. Riik Thc Inuiees havc * dury io identify review thr risks which thr exp(b¢d •nd w ¢nsure prOPTimte contro15 arc in pl¥¢ to providc r¢awnablc 18Linrt tiJud a1 errw. REFERECE AND ADNIINisfRAllVE DETAIts Regb¥rered corn nllmbtr 34649 (En8land and W&los) R¢sl¢r¢d Ch4rity •umber 259199 R¢81¢r1d •m¢¢ AryI1re Ilvu¥¢ Acland Ko Dor%ct DTI IF.F Pw3
11.112J) (b•h*# Cthitt{ffW I I 112J) J•¢ DulJ•op (w•kt 11.1123) Rclu 11.1123) l 1.112J) Altx Jauu (•Nffjix¢d 11.1123) W¢thbam(rypom 11.11231 h¥ ttwi¢¢ •tt IZI121. TAI 4AY
F.PF.NY>EN'I" LI111ER.$ REPC)R T Tn ThF. I'RLSTELS UI DORSET HCJR% .ANT) pnT T. BRF.F.r) TJ 14deptnd¢ot rport Iv Ihe iruilcu •f Dorset Horn and Poll T)orx4 Sh¢cp Br¢cdcrs AJMcldDB rthe I report t<> ¢harity It1¢ ott w cxmination tsf thL" ¢¢oiiil¥ of CJ)nwny tor the yt4r ended 31 All8USt 2024. A5 lh¢ ¢hDrrry's ffiLS¢% thf thc Cvrnpally {aDd also lis direciors for the PUfN)gL7 llw) yvu atE responsi1¢ fi>T th¢ prcpartioffi of ih¢ thc r4u1reTrntS of Ib¢ Compari Act 2(1 Ilhe 21Y)6 Arfl. Il•vin¥ wlibficd myself thLt accowits vfth¢ C4>mpny 4r¢ nol rcquircd th b¢ und¢r P•rt 16 vf 2( Act J OTr ¢liwThlc fv ljxlcd¢1 LK4iminaliun. I report tn resped of m> Cxtsminaliyn vf rhanl) s Ionts &q carricd whdcr S¢Liion 14$ vf Ihe Lban"ues Aci 2011 lknc 201 l Acn. In crryin¥ oul ]Dy lttioD I havc fOllL1 ik rJire¢iidn¢ Bii'en by ibv Cknty thtutnission under Scciion 145{S1 Ibl 2VI I A¢L l•drpthd¢At eXAtheVA ltstenbtst I b%t complcd my cxknit1kiliv l ¢QDfrrn th•1 no tllerA hvc my ali¢atiQD the exninlI0 giViD¥ to bE]ir. counting rcwrdi wcrc wi k¢pl in re1 orth¢ rcquirt41 by St¢tithn 316 of 20(hS A& vr acc(Junl% dn wl iih iho¥¢ rt¢ords: OT thc aC¥Oltiit¥ nvl comply with the accouniinz rcqu]rcrw of S¢¢iiun J96 of Lhe 21JJ6 Act othcr than any fwjir¢rrK ihdl Lhe accounts SI a true and fair VI wh¥th is • mitler considercd nf an indcpcthi Lxiiiniwlioo or Ihy ve not bc¢n pr¢p•r¢d in xv)rdJn¢¢ the •rAJ prinLipk¥ ul Ihe Sent of RccomnKndcd Pr1•ce f¢Jr a¢¢ounlinkp rcponios by ¢h4ritic& i¥pliubl¢ kj cbanLies Prepari their in 4ce4)fdkn¢¢ ith Lk FiJwKui Ryrting StsThdard •pplithk in lh¢ LK Keprtblic ot'lTrId {FRS In2)1. 7 liv aDd hive comc no miiim WTth tk oxamin&iion Iv whKb dlI¢ll1 thould IK. in thi> report ill ordET cnabk * PTI)P¢T wyJrz¥4Dth£ ol'the b¢ r4. J. Vig .Mi*hclls Chanered ACtanlts St. Johns Houk. C.&<(Ic Str¢¢L Ti¥nlwi &)mrT¥el I"AI 4AY 9 Octoher 2(4 P4g¢ 5
ANI) Ll.l> BREEDERS ASSOCikTIO HF.F.P .iTF.%fTh7 nF FTN,IY . A T...IC.ThTrtLs FX?F.ND RF.. FOR THL I"LAR ENDLD 31 AUGL',S'1' •V24 31.1124 Toal 31.¥2i Totsl Un[ri¢l¢d rund¥ Rei¢tcd fid Nol¢¥ INCOMF. Ahl) F.NDORTrfF.NryS FROM 33J3¥ 37.014 ChArltble ¢llvlrl RrLv151rJlivtt & In>pwliyM F IITrcd Pronx¥tion Exp¢ns¢ Rtthar£cd 35.141 7.667 18% 2.42? 5.65¥ 35.141 7.067 43.6Y2 7.525 3.180 5,291 Fiiir & CnlI10 2.IR9 571 2.3¥9 571 2.03J 375 117J74 S7.174 99,Rl• EXPLDITRE V fun 2.474 2,474 109 Thrltble ¢tlvhl Drr¢d PrVOln Ik ljook A(iM nffKc 15.057 4.470 2.587 57J¥3 15.057 4.47Q 13243 4.?47 -1,7.12 5.5.799 57.181 ?23J 7.321) 7.-129 YiY7 91J33 94.?71 gmWII(¥sK) on inv¢¥lmM15 112 1¥2 (J19) NET INCOMFJffXPF.NDmryiF.) (3,977) (iou) 14.077) 5.2. REf(>NCILIATION OF FUF•DS T4)t•l fvnds htOU8ht ftsrw•rd 136.791 9m 1.17.fi91 TOTAL FITNDS CAJUUED FORII'ABIJ 132.R14 133.014 137.691 Thr JM)ks fonn part of thse firla1 Pfj
RN AYD POLL DORS
31.8.24
To¢41
UnrrstriFl¢d
limds
R¢>iriGt¢J
Tr1
lu(vJs
nXFD S.$rrS
Tai¥ibl¢
3,CK55
2.585
4,461
2,403
5,650
C>,8(A
CURIiLNT ASt•L-r5
10
3.?75
2.X511
12fi.14.S
3.275
2.819
4.¥51
129.957
Dcbfors
Ca¥h JI in h¥KI
127.145
132.478
800
133278
137.627
CRF.DITORS
fall¥ dur withill une
12
15.3141
15.314
(6.81)0)
ET CURREYf ASSETS
127.1(A
127,964
I.10,R27
IiII"AL ASSETS LSs culut-1'
LJABILITILS
1.12.114
1.11.614
137.691
.yr ASSETS
132.¥14
133.614
137.691
13
Unr¢stri¢i¢d funds
R¢mctcd lizrds
132.814
lJ6,791
TOTAI. Fu1$
1.11,614
117,C)91
ThE cPrtble coyy ts ¢wirl¢d to cx¢mpiion Irom •udii un(kr S00 477 of th¢ Lowi¢i Art 20 for i&v
'llbC ffrtrnbm. ha TM)I rrqvilttl lh¢ ¢LKnpany lo obtain awjil c¥f ity fmwithl sr•m¢nts for >wr ¢rnl¢d
31 Au¥ull 2U24 in ¥cordllzKf with Sxljon 476 ol'th¢ Low¢¥ Arl 2W6.
The trnes acktjovledse their respol111t]tt for
{)
tn%ufin8 th ihc eh&ritable company kecp% wecorth that compty with Sc101 .1116 and 3N7 of the
Lowiini¢¥ ALI XIKI
pryiinng financMI slMl¢TrKnl¥ whi¢h 11.¢ J In and f#if vt¢w vf Ihe ¥thl¢ lif affxirj vf IIK. ¥kiriL'ibk. c¢)rnp4ny
at the t1 ol eacb fJnancLal yedr aDd ol Its Surp1 or drficii for ucb ytar UL aC(onlaJJce lh¢
r.wircm=AS of SecLi0% 394 and 3115 w)d wthich OLtrbCTwise
I. IIORY AND l.L RF.F.D RS AsOCIA TtF.F.P I CF. SHF.F.T- Trx. fJllallcta] ststcmcnts balr bc¢n Pre1 m 1ccorde wilh IhE prni'i5ion% appliL•bk w ¢huttable LiJmpanKs bj¢d io the smalt comFw]es reginx. Thc financill ¥1olemts Thrrc appwvrd by the B(rd of Tnlslffs and wthoft9¢d fur on 9 Cktth¢r 2024 5isTKd brjkijfbr. Timvthy Prall. TrL*e Thr DOt¢s forni pan 4)f firw¥iai Itsteents P4We ¥
DUIL%ET H()RN AliD POLI. DnRSF.T SHF.F.P BRF.F. ()ll5 l'() THE FINANCIAL sT.ITEIKTs FOR THE YEiiR ENDED 11 AIIC . ACCOLWllNG POLICIIS Bs15 of PTtparlni flnamctsl stattmuts Thc fuwKi&l ststcmcnts of thc chuitthlc company, Ththi¢h 1$ A publii iK'th¥fii ¢n(iry undL"r FR$ 102, ¥< b¢ prs'par¥d in xc¢oiJaft wiLh th¥ ChaTili¥¥ SORP IFRS 1021 ALLL)UDLiDg alld keptyrti by Chan'iies.. StsLem¢nt uf RecvTnmeJxled PrnclKe applicable lo cjwi'ltes prepDg Lheir accounts in xc0rd2C •ith the Fin11 Repontub. StsDdard applicable in the UK and Republic of IrcL4nd {FR$ 102) leffc1vC l Januar). 7019),, Financial Rcportinq Stsndard 102 7hc Financial RcpDrtin8 Stsndthrd 4wli¢thbk in thc RbIll yr Trcl&Thl' aThl tl Compa¥ii¢$ A¢1 2). Tr finAttl stJl¢rrKnl¥ have been pr¢pJra 16¢ lI)nl ¢04 ¢onventK) with the ¢x¢rplwn of inbY>lrrYDis wbiLb •rr included al mukei value. FliaHcll rtpbrtlni itndard 1112- rodDced dtscl•wre The charilahlt ¥MPanY Taken #d%,lIage Lbf follo.1¥ disLlvwre ¢xLmplion in pr¢prin¥ ih¢% f40¢1)1 s1thl¢mtL& •> p¢nwll¢d by FKS 11)2 7br Tr'uwKi•l l(¢porling St•nd•Td appkn¢•bk m th¢ UK 4nd Kcpublic of r¢qiilf¢mcn Ork¢t)n 7 Strt¢m¥ ofcath Flows. ID¢Om¢ All re&ed m the 5LlllcllI ofTrtnanciAI AcEiSTitEcs 0C the ch?, hD8 CDijti¢rnurt to thc IT prohble thc irbcome will be recei1 VAI the AmcKw&i bc mcamred rcliably. •th%cfiPt)n year tn I I Aii8U8t. Sb1pÈS iry¢ i¥ Kly)uN fw vn In buis Is LlJs¥ifittl #s a duiwliuD io lh¥ SVFA. IncollLe ttom ac111 includes tTrr0n elrned from faThlraiqin8 and tr18 diviiits Iv rni5r IOT ihE charity. Income is Tcl}.Cd in cxclMn8e fDr suppl>in8 80(Mls ar4J ¥¢Th"i¢u in r)nJ¢r Iv rnisc fimd% is rCcn8n1fj Tthcn entitlcfiKnt Iw oc¢wr¢d, Invrsirlll i ¢Jzn¢d holthD&P I¢1% for wch •s ikn. li inchth divwk¢¥l¥ d intC7csL It ii irKludcd Thtten the Arnou bc rr£uurtd rtliahty. Intrrcii Inco is rets)ini$4xl y¥in¥ Il cffccll infcTCSt mcthtsd th'yidcnd iKbcthnK is r¢w8n1$ ai ¢lhariW¥ ri¥hi w rrtYiv¢ iy ¢sthbliskd. F.TPdlÉllrt l.iabilJli¢s AFL TLtoghisrd ¥ txpeJKliTrtrL' Os wn •% ihvr i¥ a or ct)Th5trucliv¢ vbli¥airn romiffing ihc baniy lo thjt uwndilure. il 1% pyobable thai a trfer of ¢cowrn•c bcKfits will bc Tequired in %¢ttlcnM Ind the WDOUTht ol'lhe obligation can be n)easured reliablv. Expe11¢ Li aceLNmted foT on an ernalS ThJ has been classificd undcr hC1ngS aureRAtr all relaktcd th t. ¢attBoo. IAfhtfe cn818 ¢rtwi llY attnl)utcd kn pirricular heinsI ihcy hab'¢ h¢cn thllo¢•d •¢li¥ili¢¥ wft¥l¥iy *iih Ib¢ or Dcprceli li ryoyidcd thc followin8 anfwl ratrn. in ofdu ty wri1¢ •s%i i)v¢r lis ¢14¥ uxfi orr•re I'"quipTr<ni iirh on w¥t ind 12.5"A vn cosl Thtte aye rapi&ilLd Li they caD be used Cor thaD ODe yur. cort at let £lth). Thcy are emt le55 dcpreCi10 Si•¢k3 SIks ue yalued al thr IOMYT of cosi realible Alle. th maknns due all0C ti)r obaolctr arml slow JWS'IDk LtetDS. Py9 coniinued..,
i)OKbLY IIUIi% AND P LLI) RSF.T BREEDERS ASSOCIATIO HF.F.P ACCOIThTThC POT.TCIF.S. c(tynthiu Taxatwbn Thc charity is exe]¥l trorn cwtM)n lax on its cbatitsble xlivili¢& Fj UnTesffto¢d fuJd5 b¢ u¥NI in ¥w)r(kn iih th¢ ¢hariTahlc (thjcctivcs at the diKTctIL of the trostet& R¢stri¢tcd fund$ onty hc fDT Pticl•r resmcd purw&ts Lbr .¢[15 ul thr Gb•Tily. Rcstrirtic •Ti¥f spL%ifie4J bv tht ¥thet) futh&s Ire raiqcd for pffiicuLu rr51nd pwpoKs. FuTthcr cxplJNiwn orth¢ nalw¢ pp[ vfrxh li ir7d in tht the fin)¢1] stan HI pur¢ha id lethg Rcnlal> pawj iiNk.r vp4nlivi¥. ¢hthr8¢d th the Strn of TritWKial Acdvthcs QD a li IAsis 0[ thc p¢nod I. P•40• eortq •nd oth¢T Post-rreAt benefits Thr rhiritsblL LXJMply op¢rateq a d¢fincJ ¢ofitriThution pebOn schcll. LonthbutKS payable iu ihy ¢hariL'ibk ¢VT¥V4lny'¥ P¢ffjiQrt with NFST ¢kn8ed to t.$1cnI of FillanCi Actiyrtles In thE period to wthi¢h th¢y r¢l•l¢. InYt4tmcrnts qw)trd * Tc¢01 thek cxelw Ire 41 Jn•rkd value ul thr )Yar rnd. Inslrtiii 8AiTh4 And iKh]dcs any gain or loi% the salr of Investin[5 and IDV Sa or iv55 11 frvm rrvdluitig ini'¥slTTKnl¥ faif valuc •1 IIK of thc ye.The unrelLd reIatiO lotm the tE¥tnrt rc¥¢rves vf ¥hJnly. OTHF.R TRADIYC• ArnfTfLS Jl.8.24 FI Books 595 'Ih.ii¢ Adv¢rts MEJwTrbil 20 1.433 2JW) 16JJ INI'LSTMLli"I' LYLOME 31.824 J1,8,2J Dtkidefv 14Y 226 419 .$71 375 Pu¥¢ 10
FT IIOR.N A.%D POLL RET SHF.EP BREEDERS ASK)CtATI QTF.q m THF. I ALCUST 20 NRT INCOMLI(KXPELYDITURE) N¢1 incor,[¢ditye) is S[d aft¢r 31.824 31.1523 Auditrjti. rep#ratiOn ftsr fwwk 875 1.865 3.150 J.396 3.150 Oihv upvThlTll¥ leases TRlJF.F.$, RF.MUNERATIUN AliD BENEFrrs Tlx¥E wcre no uibrr b¢Drfits Ivr th¢ year Mdtd 31 An2lltt-?024 nor for ycu ethd 31 2023. Uul of pockd cxwnstK rel19 k) C.LNNiI io £315 (2023 £251 And wcrc thxi Ihe year ot'Mich Lnil12(J?3 £1)ili ai th¢ ¢nd. STAFF C.(kSTS Thr ItnthlY numbcr of ¢nwloye¢¥ durin¥ WA5 ts fo11L). Jl.8.24 31.823 ()fflcc rkn'nR the y¢xw CvrnpdTry knr¢i•ry rrcuv¢d re¢¢} r•f LlO,SQO (2(J21 . £28.5161. CDMPAKATIVES FOR TItE STATF.IfFNf OF FE1CLAL AcYivrriES Ltwcsrrictcd Re¥Erictrd Totsl TNCOIIE AND LNDVW'MEhT5 FR(JM 37.1114 37.014 C.hrttble acttv51iY• R¢¥i)lrnlion & IDspf<4ioa Fe¢8 Rreul PTvffjoli¥n 43.69• 7.525 7,525 AGM Shccp Flir & coMli10n 3,180 5,291 I,IR 5.291 (Xh¢r tr¥]11 x1iviti 163J J75 2.633 375 Tol 99,819 99.819 EXPE.NDII'URL ON Raising fi]n&s 6.109 6.109 C.haTltbk ¥rllvi(i Tirnyd Prtrrnoiion F&x"k BoDk 13,243 4247 13243 4.247 ¢¢111d...
XSE'I" 11 -ET -IIEEP BREEDERS LSSOCIATION COMPARA FOR THF. STATF.MFNT OF FINA¥CTAI. AC.TTITrtF_S. c•JtlnDtd rwAd¥ fvrtd fvnd$ 3.632 55.399 1?44 9,297 100 3.732 55.3<)9 1244 9,297 otfrr hcq) Fair & L¢Jmpetttion Tw*1 94.171 ith) 94,271 Na piTrs'llosJe#) on inv¢&tnts 1319} 1319> .NKT llYCONIKI(EXPENDrruRF.) 5.329 (i(xJ) 5.229 RF.C.OYC.11.IATION nF FITNDS Tvthl 131.462 132.462 TQTAL FUNDS CARRIED IURII'ARD 136.791 117.691 lANGIBL TrLi£D ASSETS FJ4uipnvI Al I SryktDbrr 2021 iod 31 AW 224 14.¥¥4 DF.PRF.CTATlnN Al l &pi¢tDbrr 2023 Lknarge yeur 10.421 lJ96 Ai 31 AiiBiiit 21124 11.1119 Y•ET BOOK VAl.i. At 31 August 21)24 3.U65 At31 Aw2023 4.461 12 contmiKd...
ILSET HnRN A¥D BRLLDERS ASSOCIATAO, SIALLP "OTES T(J THF. FTP•AP* . Al "UST 2•24 FtKED ASSET li¥Es1EhS CUST Ai 31 August 2023 2,4S I IAIR 'ALUE M()VEMENT Movcmcni MovcnKnt for y¢ar (751) 182 Al JI Augu%1 2023 104 TrIARkT.T N'AI,UF. Ai I l Au¥u¥i 2024 2.585 At 31 AUSt 2023 2.40.1 31.¥.23 Stockj 3275 2,A19 DLBTORS: Amou5 FALI.ThG DtTJ . OYF. ITAR 31.814 31.113 Tradc Prqpayiywts #nd .%90 2268 2.418 143J 2JS 4.#51 P¥c 1.1
SF.T IIORN A.ND P()l.L DnR. BRF.F.T)LKS Il. 'UCI,ITIU, LT STtF.EP "J'o OR "IAI. ¥fATEI EST>FD 31 A 024 12. CREDrroRS: AMoLwfs VALLIYG DUF. 14'1TlttP• OTriE YFAR Jl.¥24 -11823 Trk Credir$ VA"I' 332 2,IRI 4.287 1,6y5 2.325 5J14 13. Mo.11ENT TN FUNDS N¢1 tWent Ai 31.R.24 At 1.9.23 UArutrkl(td fundi (iencrxl fuThd air V•lLY R¢¥ryt 136.550 241 (4.159) 1#2 131.191 423 R>lrfcted D4vid IlibIths RLWry 1.16.791 13.977) lJ2.¥14 (IM) TOTAL FiThDS 137.691 (4.V7T) 13.1,614 1*¢4 DVrent in fwMIL in¢ludcd in ih¢ ar¢ &q Incomi118 T¢soiiir¢s R¢¥uuTCC8. ¢xpendcd (iiim lind Llnreylrirttd fynds Fair Vthe Re¥e 87J74 {91.SJ31 (4,159) 1¥2 IR2 Rmtrfrltd fvnd¥ r)thi'MI Bursary IF7.174 191.533 182 (3.977 (100) TOTAI. VUliDS 87.-174 (91.633) 1¥2 (4.077) Pa¥¢ 14
"I. HORN A 'S TU'I-HL TrI.NA.YCL4L STAT . TH ILliTS- ¢ontin 13. MOITMENT IN FUNDS. rgnliuutd At 31.823 1.9.22 Ufvreitrl¢itd f••ds Ga)¢ToI fund "w Rc5crvr 131.221 241 SJ29 136JS0 241 131.462 5,329 I.IA791 RulrlclL fund> Daiid Matthews Ilur5 (1> 'rui"AL 132.402 5,229 lJ7.691 tn l.mre¥trlcttd fpuKral fund 99.819 (94.171 (319) 5J29 Rutrlclcd funds Dawd NlatthcN'% BUTX I11} (1) TOTAL FUNDS 99.¥iiJ 194.271) 1319 5229 14. OTHER FfliAliCIAL COMMITMENTS The Asson'ation ba5 enterrd mto a noneIble OpeTlli lease ILIT olllc< renl Under ongmal Icjsc tbc C'omr1a committEd in rcnt nf Ll,15Q PCT annum. Ic&qe cornnrIced nn ?7 N4)S.tMr 201.1 and for a of i¢n Thi8 lu¢ r¢h¥¢d on 29 Nlav 21>24 fi)r 10 y£ar% with br¢•k ¢l•w 29 May 2027 arwj 29 Mhy 2(J30. Tr rKW i* £l.Ath) antWnL 15. IILLATLD PARTY DI?•CLOSURLS rc1Th8 lh¢ Asgxi•iiort rt¢¢i4%d $ub$¢ripiion$ ar#J tradin8 from Council Memb¢Th 4mvunl¢d Iv £l1.928120?3 £9.3091. vf £1911202) 16241 r¢oyin¢d th¢ yr4r ¢4¥J. Thu¢ Pagr 15
RSET H Rf•' A.ID POI.1. "LDEKS A&$ KSET SHEF.P L)DED.11 A 'GI15T2124 ULTIMA TE CM)%TRnT.T.ING PARTY Th¥ As¥Oci1n is cvnlrtrlkd by the Cow1 Jlso the CharrDJ PURPQSE OF Tr"LNDS J7. Th¢ Wur5thcted farhl is fw ik of ¥iwrlJnx the improvemcm of th¢ bfte llie reir1e( * bursary f(v Ihe purwses or¢vrIti¥ A(iM fur Th)mi¥. P16
D()ILSF.T H AhD POLL DnR BREEDERS IE.NT 01- FAliAlicfA YLAR ENDED 31 A IVITIES FnR 31.8,24 31.823 Ii¥CUhlE AND EhWW'MENT.S and Gitl aml Sub¥ttiptso 1.77 31.5 1.379 1.635 33.J38 37.014 Oihcr tr•dl% acthltl¢s lock Books Tallnoin8 W¥bsile Adverts Me[rIbl11& 595 4¥0 350 1.433 i(J.13 ?.iA9 2.633 152 419 149 226 ikp051t xcoiini inl¢rwl 571 375 Lb•ritable aetlvhlo4 l.ar Entrance F I'Ér SInIn1$hIp ReRittriion F¢ Indis'idthil l.we Res•110nX F¢Thale Re31(¥$ 1.1<1 I.-1k LDmpciiiithi ApTrmved Sh¢rp .(1 Soles L"omrniuton Btted Prornotion POlSe and SwiL)n¢ry Af•M Inc(wne Dorxet T)i&m(XKI% 3.476 2,025 16.420 17.6¥1 17,9R 23,14 .uo 520 4.(W7 3.620 3(W) 54R loy 3.1110 1.544 2.422 51.076 59.797 TO1 lu¢•mlJg reMurr¢s A7,374 1)9.1119 LXPENDtTI1RF. ther IndioK rtlvltleJ nrKning siwk 2.819 6.942 ¢tnorthil B1 dcbts Llo4inR 2268 653 (3.2751 1.986 (2.¥19) 2.474 109 Thi8 p4¢ (k not ltirm of Stall0ry fwDcial StstemlS ge17
DnRSLT H RliKYDP I.L DTrRSFf SHEFP DER8 455UCI, o. STIITF. FUR THF. L.%T OF 'A%CTA T Arrrvrr 1ST 2024 .31,8.z4 Jl.11.23 rJ(hrr tradlTrg 4riiiideA carItab1t i¢livide Advcrtl8ing Printlll8 vfi.'kJck Rwk 3.519 4247 1,770 R.784 7327 3.C¥32 4.470 1.435 10.477 5,A94 15¥7 Promntton FaiT kxw¥cs A(¥M F.Npens¢i D•i'id Rursary CrfaswJots.%y8m LxpcJL X94 94¢) 29.543 10,519 Svpporf co Pcnsitsn¥ Qthci up¢r¥tinA Icth¥e¥ 29.11 I ?L)y 3.150 2¥3 9.1) i.lso A30 1?.451 2.031 4.(J96 370 ITh4 l.lQ6 27.887 3.150 294 902 1265 731 14.766 2.355 Running Cort% T¢kplx>nc Postlgc and ¥141ioi Sundri Lompu1¥r Lwns Sccretswl ScrYi¢ Offi6r Rqjairn r)¢pn ot'Qffi¢r uIpmei 1.865 57.3¥3 55.-199 knee k eh.)rg¢¥ 4Y4 Audztors. remuncntion AltOr¥, ry4rli10 tor Don I111 ThDTk A¢¢vLml4ncy 175 ¥73 1,8ThJ i.0 1.750 TO1 rc>urLY¥ ¢xpcndcd 91.633 94,271 Ycl (eTPtNlitur¢ylb¢ymc btf•rn gln¥ and 14259) 112 (Jig) Nt Irxwidltsr¢Kwromt {4.OTI) This page d1) Th)1 fvrni pln of th¢ 5th0ry fit]aDcial Jtst¢mr