RFfjffERFD C.OMPANY NLNTBER: 34649 {EnRland alld W'*l¢s) REGISTERED cHAR￿y 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 l￿TF.￿fTh . FOR'fiiL VF.AR F.NDF.D JI AUGLST 20 P*go Rep•rt of Ike'fr￿l¢¢ J*Ddtwt Rrport Ststrrn¢Dt of Atththi 1S•lAp¢e Shttt lo the FIMTrclal StaitiibcAt¥ 9 k¥ 16 D*tslled %t*tcmelll 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 P￿p￿ty orth¢ Lompani¢s Aa 2(K16. prrsem ther Trwrt with thc finaneill sw¢muJts ot. thc ¢lthrity for th¢ year crthd 31 All￿1 2024. Tr Injs￿l 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 Financ￿1 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 L￿￿er r¢%'ini' th41 of vf thr breNlms of tk)r¥¢l Horn Shc

usyr4iul pediyrr¥ UZLdertukns ts art*itrDfe upoN azxl KiIL¢ dL5p￿c4 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•pme*ts 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) I￿￿t rernrnin# their rerM4*1 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￿.b￿Y L)nec ayin in NoTrtmb¢r. 2024. Th￿. lh¢ fl￿k competition judged by Sam Dn'ver. who trsvcll¢d tk T￿th br¢*Jth of Ily county iud8in8 r)orscts in all thcw d￿T￿tr￿[ >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 hI4￿d thmuBhout the courltsy. Our Nali0tsi1 thi* ytlr held ￿ thc Roy41 LaDu$hir¢ Sknw Thith pvrlin¥ Il *ith an excellcnt nunkn oCentrKs. Jud¥ttl by our PrcibdcnL Williwj Carm Th¢ 201f NAtithJul li iu br h¢lJ Jt th¢ Rc)yal Cornw￿] Show m JUDE. Tbc S￿l¢lY wa> reP￿S￿n￿￿ at t￿ NSA ￿￿tonI1 Shco. NSA N¢)nb Sb¢¢p •rMI lh¢ CirouTh&TrKII Event. Il￿V L7vYwd¥ ve present at all th¢re ¥lill x¢ms a smwing int¢r¢ll m the Drx5d¥. Ti)￿> win k giv¢a to thoJE n￿MberS thai gair up their Iv Pr￿￿¢ aiid trWkV)rt ￿¢P Ir￿ th¢ stand&. GrA&srnctyts rcc47rdinR 5￿M. in its mth PTVi'in8 v¢ry ￿)pUlar Nith our nKmbE7¥ TTwov¢mD4$ art b¢in¥ mxk. all Ik lin)0 MTrTC and mof¢ mcmbm huvr ihc plutsAC tt) rcRister their S￿ep on linr. ib7xI n app¢u ￿ havr fuund il •1 diffKult &¢ tly li MIK￿ bc. Ayit). thc brccd brLKIuATE Pr￿u[¢d A.$ 0￿w￿￿1 th'strtbutcd w all the %tso￿ al￿ s*kn. In *ddits'on 10 th¢ 2024 FIo¥k Th'hi¢h resistrred 516 1MnbeT¥ lin¢hJdin8 16 rnembm). h•ve r¢¢¢iNtd rcguiar DeN%1￿1¢p5 kLxyin¥ tkm inffifft*d of. and a> up lo J•1¢ *s w)s$iblc wit7L ￿tivItI afyj othcr m￿tr& "rhc W¢bsi* urthrgonc a mlljor Ihis And iccrn to very Mrll *ith our n￿b￿b]P *iih il 4pp¢arin8 to k very w frlendly. Tbank¥ mug IK" 8ivcn to Emily foT this. Mor¢ aThd nx>Tt Int4)rn￿tiUn is xnl ¥I¢¢tr¢nj￿1ly. uthere pos¥ibk in an ¢ffort io iry and retse eX￿￿j11u￿. Tb¢ 2Q24 AGM li io bc held In K¢aL FtYAYCIAL R￿%,ALw Ai ihr ¢n(l of d)c re[￿1￿￿8 PUM)d thr cban'lyl rt¥uY¢$ of £133.614 ￿ 1131 AU¥￿ 20•4 Myc in ex¢us of ￿ l¢brl d*ilul in ifs w)licy of twelst Krthth5 unrrslriGt¢d ex￿alL￿ Prtmdp*l fuDdini yourr Th¢ pr￿1¥1￿ source of funds fw ihr Jwity at¢ qthKripiioAs Irorn 7wnb¢r¥. In)'¢smwbt p•llcy a*d obJ￿1V Under Ihe M¢muranthim aTrJ Articles of thc chuity hu thc lu any invtmr£rn Ythicts th¢ t1)w￿l1 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 . Tr￿j￿R 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 administs*tion 4fy1 support ¢osts. Vnrutrbctrd fuThls NrTe Malnttir￿d ￿ thi3 level tlrougknui the y#r. eoncer• Tl*r¢ are ￿ mit¢rial un¢<￿1￿1]e* tt* ehritys ability ￿ o)niinuc ￿)n¢t￿L 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 8U*faThtre 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 I￿llbd 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 n*mkrs tolcihcr with cx.offi¢io Inem￿lI to thc they are nol cie¢ted by lh¢ co￿11, Tr eX￿￿1clO ¢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￿]m￿l th¢ Trcuurrr S￿1] bc womted Jrthually by th¢ of tb¢ ¢ouncil •L Ikir first held followins th¢ ATmu*I 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 a￿1 errw. REFERE￿CE AND ADNIINisfRAllVE DETAIts Regb¥rered corn￿￿ nllmbtr 34649 (En8land and W&los) R¢*sl¢r¢d Ch4rity •umber 259199 R¢81￿¢r1d •m¢¢ A￿ryI1￿re 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" LI￿111￿ER.$ REPC)R T Tn ThF. I'RLSTELS UI DORSET HCJR% .ANT) pnT T. BRF.F.r) TJ 14deptnd¢ot r*port Iv Ihe iruilcu •f Dorset Horn and Poll T)orx4 Sh¢cp Br¢cdcrs AJMcl*dDB rthe I report t<> ¢harity It￿1¢￿ ott w cx*mination 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 responsi￿1¢ fi>T th¢ prcpar*tioffi of ih¢ thc r4u1reTr￿ntS 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 ljxlc￿￿d¢￿1 LK4iminaliun. I report tn resped of m> Cxtsminaliyn vf rhanl) s I￿o￿nts &q carricd whdcr S¢Liion 14$ vf Ihe Lban"ues Aci 2011 lknc 201 l Acn. In c￿rryin¥ oul ]Dy ￿l￿t￿tioD I havc fOll￿L￿1 ik rJire¢iidn¢ Bii'en by ibv Cknty thtutnission under Scciion 145{S1 Ibl 2VI I A¢L l•drpthd¢At eX*Ath*eVA ltstenbtst I b*%t complc*d my cxknit1kiliv￿ l ¢QDfrrn th•1 no t￿llerA hvc my ali¢atiQD the ex￿nin￿lI0￿ giViD¥ to bE]i￿r. counting rcwrdi wcrc wi k¢pl in re￿￿1 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 S￿￿￿ent of RccomnKndcd Pr￿1•ce f¢Jr a¢¢ounlinkp ￿ rcponios by ¢h4ritic& i¥pliubl¢ kj cbanLies Prepari￿ their in 4ce4)fdkn¢¢ *ith Lk FiJwKui Ryrting StsThdard •pplit*hk in lh¢ LK Keprtblic ot'lTrI￿d {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¢ r￿4￿. J. Vig .Mi*hclls Chanered ACt￿an￿lts 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¥ Re*i¢tcd fi￿d Nol¢¥ INCOMF. Ahl) F.NDORTrfF.NryS FROM 33J3¥ 37.014 ChArlt*ble *¢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 & C￿n￿lI10￿ 2.IR9 571 2.3¥9 571 2.03J 375 117J74 S7.174 99,Rl• EXPL￿DIT￿RE V fun 2.474 2,474 109 Th*rlt*ble *¢tlvhl Drr¢d PrVO￿l￿n I￿k 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 g*mWII(¥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 fir￿￿la1 P￿fj RN AYD POLL DORS 31.8.24 To¢41 UnrrstriFl¢d limds R¢>iriGt¢J Tr￿1 lu(vJs nXFD ￿S.$rrS Tai¥ibl¢ 3,CK55 2.585 4,461 2,403 5,650 C>,8(A CURIiLNT ASt•L-r5 10 3.?75 2.X511 12fi.14.S 3.275 2.819 4.¥51 129.957 Dcbfors Ca¥h JI in h¥KI 127.145 132.478 800 133278 137.627 CRF.DITORS fall￿¥ dur withill une 12 15.3141 15.314 (6.81)0) ET CURREYf ASSETS 127.1(A 127,964 I.10,R27 IiII"AL ASSETS L￿Ss culut￿￿-1' LJABILITILS 1.12.114 1.11.614 137.691 .y￿r ASSETS 132.¥14 133.614 137.691 13 Unr¢stri¢i¢d funds R¢mctcd lizrds 132.814 lJ6,791 TOTAI. Fu￿1$ 1.11,614 117,C)91 ThE cP￿rt￿ble coyy ts ¢wirl¢d to cx¢mpiion Irom •udii un(kr S￿￿00 477 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 trn*es acktjovledse their respo￿l￿*111t]tt for {*) tn%ufin8 th￿ ihc eh&ritable company kecp% wecorth that compty with Sc￿10￿1 .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 t￿1 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 tcs F•rt ofthcs¢ fitkwial sthi¢(r*Dts P4gc 7 I. IIORY AND l.L RF.F.D RS A￿sOCIA￿￿ TtF.F.P I CF. SHF.F.T- Trx. fJllallcta] ststcmcnts balr bc¢n Pre￿￿1 m 1ccord￿￿e wilh IhE prni'i5ion% appliL•bk w ¢huttable LiJmpanKs bj¢d io the smalt comFw]es reginx. Thc financill ¥1olem￿ts 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 Itste￿ents P4We ¥ DUIL%ET H()RN AliD POLI. DnRSF.T SHF.F.P BRF.F. ()ll5 l'() THE FINANCIAL sT.ITE￿IK￿Ts FOR THE YEiiR ENDED 11 AIIC . ACCOLWllNG POLICIIS B*s15 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 prep￿Dg Lheir accounts in xc0rd2￿C •ith the Fin￿1￿1 Repontub. StsDdard applicable in the UK and Republic of IrcL4nd {FR$ 102) leffc￿1vC l Januar). 7019),, Financial Rcportinq Stsndard 102 7hc Financial RcpDrtin8 Stsndthrd 4wli¢thbk in thc R￿￿bIll yr Trcl&Thl' aThl tl* Compa¥ii¢$ A¢1 2￿)￿. Tr finA￿￿ttl stJl¢rrKnl¥ have been pr¢pJra 16¢ ￿lI)n￿l ¢04 ¢onventK)￿ with the ¢x¢rplwn of inbY>lrrYDis wbiLb •rr included al mukei value. FliaHcl*l rtpbrtlni it*ndard 1112- rodDced dtscl•wre The charilahlt ¥￿MPanY Taken #d%,￿lIage Lbf follo￿.1￿¥ disLlvwre ¢xLmplion in pr¢prin¥ ih¢% f￿40¢1)1 s1thl¢mt￿L& •> 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 5Llllcll￿￿I ofTrtnanciAI AcEiSTitEcs 0￿C the ch￿?￿, hD8 CDijti¢rnurt to thc IT prohble thc irbcome will be recei￿1 VAI the AmcKw&i bc mcamred rcliably. •th%cfiPt*)n year tn I I Aii8U8t. S￿b￿￿1pÈS￿ i￿ry￿¢ i¥ Kly)uN￿ fw vn In buis Is LlJs¥ifittl #s a duiwliuD io lh¥ SVFA. IncollLe ttom ac11￿1￿ includes tTrr0n￿ elrned from faThlraiqin8 and tr￿1￿8 *diviiits Iv rni5r IOT ihE charity. Income is T￿cl}.Cd in cxclMn8e fDr suppl>in8 80(Mls ar4J ¥¢Th"i¢u in r)nJ¢r Iv rnisc fimd% is rCcn8n1￿fj Tthcn entitlcfiKnt Iw oc¢wr¢d, Invrsir*lll 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.TP￿dlÉllrt 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 tr￿fer of ¢cowrn•c bcKfits will bc Tequired in %¢ttlcn*M Ind the WDOUTht ol'lhe obligation can be n)easured reliablv. Expe￿11￿￿¢ Li aceLNmted foT on an ￿ernalS *ThJ has been classificd undcr hC￿1ngS aureRAtr all relaktcd th t￿. ¢attBoo. IAfhtfe cn818 ¢*rtwi ￿ ￿￿￿llY attnl)utcd kn pirricular he￿insI ihcy hab'¢ h¢cn thllo¢•*d •¢li¥ili¢¥ wft¥l¥iy￿ *iih Ib¢ or Dcprcel￿i￿ li ryoyidcd ￿ thc followin8 anfwl ratrn. in ofdu ty wri1¢ •s%i i)v¢r lis ¢￿1￿￿4¥￿ uxfi orr•re I'"quipTr 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-r￿reA￿t benefits Thr rhiritsblL LXJMp￿ly op¢rateq a d¢fincJ ¢ofitriThution pe￿bOn schcll￿. LonthbutKS￿ payable iu ihy ¢hariL'ibk ¢VT¥V4lny'¥ P¢ffjiQrt with NFST ￿ ¢kn8ed to t￿.$￿1c￿￿nI of FillanCi￿ Actiyrtles In thE period to wthi¢h th¢y r¢l•l¢. InYt4tmcrnts qw)trd * Tc¢0￿1￿ thek cxelw Ire ￿ 41 Jn•rkd value ul thr )Yar rnd. In**slrt*iii 8AiTh4 And iKh]dcs any gain or loi% the salr of Investin￿[5 and IDV Sa￿ or iv55 ￿1￿1 frvm rrvdluitig ini'¥slTTKnl¥ ￿ faif valuc •1 IIK of thc ye￿.The unre*lL￿d re￿I￿atiO￿ 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 .$71 375 Pu¥¢ 10 FT IIOR.N A.%D POLL ￿R￿ET SHF.EP BREEDERS ASK)CtATI QTF.q m THF. I ALC*UST 20 NRT INCOMLI(KXPELYDITURE) N¢1 incor￿,[¢￿￿ditye) is S[￿d aft¢r 31.824 31.1523 Auditrjti. rep#￿ratiOn ftsr fwwk 875 1.865 3.150 J.396 3.150 Oihv upvThlTll¥ leases TRlJ￿F.F.$, 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 rel￿1￿9 k) C.LNNiI io £315 (2023 £251 And wcrc thxi Ihe year ot'M*ich Lnil12(J?3 £1)ili ai th¢ ¢nd. STAFF C.(kSTS Thr It￿nthlY 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 FE1￿￿CLAL AcYivrriES Ltwcsrrictcd Re¥Erictrd Totsl TNCOIIE AND LNDVW'MEhT5 FR(JM 37.1114 37.014 C.hrtt*ble acttv51iY• R¢¥i)lrnlion & IDspf<4ioa Fe¢8 Rreul PTvffjoli¥n 43.69• 7.525 7,525 AGM Shccp Flir & coM￿li10n 3,180 5,291 I,IR 5.291 (Xh¢r tr¥]1￿1 x1iviti 163J J75 2.633 375 Tol 99,819 99.819 EXPE.NDII'URL ON Raising fi]n&s 6.109 6.109 C.haTlt*bk ¥rllvi(i Tirnyd Prtrrnoiion F&x"k BoDk 13,243 4247 13243 4.247 ¢¢￿￿111￿d... 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¢&tn￿ts 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 2￿24 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¥￿Es￿￿1Eh￿S 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 AU￿St 2023 2.40.1 31.¥.23 Stockj 3275 2,A19 DLBTORS: Amou￿￿5 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 Tr*k Credi￿r$ VA"I' 332 2,IRI 4.287 1,6y5 2.325 5J14 13. Mo￿￿.11ENT TN FUNDS N¢1 tW￿￿ent 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 IlibIth￿s￿ RLWry 1.16.791 13.977) lJ2.¥14 (IM) TOTAL FiThDS 137.691 (4.V7T) 13.1,614 1*¢4 D￿Vr￿ent 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 I1￿1} (1￿) TOTAL FUNDS 99.¥iiJ 194.271) 1319 5229 14. OTHER FfliAliCIAL COMMITMENTS The Asson'ation ba5 enterrd mto a non￿￿e￿Ible OpeTlli￿ lease ILIT olllc< renl Under ongmal Icjsc tbc C'omr1a￿ committEd in rcnt nf Ll,15Q PCT annum. Ic&qe cornn￿rIced nn ?7 N4)S.tM￿r 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 r￿c1Th8 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¥Oci￿1￿n is cvnlrtrlkd by the Cow￿1 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¢v￿rIti¥ A(iM fur Th)mi￿¥. P￿16 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 SI￿nIn1$hIp ReRittr*iion F¢ Indis'idthil l.we Res￿￿•110nX F¢Thale Re￿3￿￿1(¥￿$ 1.1<1 I.-1￿k LDmpciiiithi ApTrmved Sh¢rp ￿￿.(1 Soles L"omrniuton Btted Prornotion PO￿lSe 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 B￿1 dcbts Llo4inR 2268 653 (3.2751 1.986 (2.¥19) 2.474 109 Thi8 p4¢ (k￿ not ltirm of Stall￿0ry fwDcial Ststem￿lS 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 c￿arItab1t 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.%y8*m 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 Lwn*s Sccretswl ScrYi¢ Offi6r Rqjairn r)¢pn ot'Qffi¢r ￿uIpme￿i 1.865 57.3¥3 55.-199 knee ￿￿k eh.)rg¢¥ 4Y4 Audztors. remuncntion A￿ltOr¥, ry4r￿li1￿0 tor Don I￿111 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 g*ln¥ and 14259) 112 (Jig) N*t Irxwidltsr¢Kwromt {4.OTI) This page d1)￿ Th)1 fvrni pln of th¢ 5th0￿ry fit]aDcial Jtst¢mr