**REGISTERED CHARITY NO. 268862**
## **WYMONDHAM AND DISTRICT YOUNG FARMERS CLUB**
## **ACCOUNTS**
**YEAR ENDED 31 MAY 2023**
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**WYMONDHAM AND DISTRICT YOUNG FARMERS CLUB**
## **INDEX TO THE ACCOUNTS YEAR ENDED 31 MAY 2023**
## **REGISTERED CHARITY NO. 268812**
## **PAGE NUMBER**
|1|-|3|Annual Report|
|---|---|---|---|
||4||Receipts and Payments Account|
||5||Statement of Assets and Liabilities|
||6||Notes to the accounts|
||7||Independent Examiner's Report|
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**To**
## Section A
## **Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year 01 06 2022 **To** 31 05 2023
**From**
## Reference and administration details
**Charity name** Wymondham and District Young Farmers’ Club
**Other names charity is known by** Wymondham Young Farmers
**Registered charity number (if any)** 268862
**Charity's principal address**
|268862|268862|
|---|---|
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|YFC Office||
|Norfolk Showground||
|Dereham Road||
|**Postcode**|NR5 0TT|
## **Names of the charity trustees who manage the charity**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**|
|---|---|---|---|---|
||Richard Hastings||From 31.07.22||
||Anna Claxton||From 01.12.22||
||William Towler||From 31.07.22||
||MollySellar||To 28.05.23||
||Stephanie Broom||To 28.05.23||
||Andrew Ford||To 28.05.23||
||David Long||To 28.05.23||
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**TAR**
Sept 2016
1
## **Section B**
## **Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
(eg. trust deed, constitution)[Constitution dated 18 November 1974, as amended on 29 April 2007]
How the charity is constituted
- (eg. trust, association, company)
> [Association]
Trustee selection methods (eg. appointed by, elected by)
> [Elected by membership]
## **Section C**
## **Objectives and activities**
The objects of the Club shall be:
- To advance the education of young members of the public at large in their knowledge of agriculture, crafts, life skills, rural affairs and country life,
**Summary of the objects of the charity set out in its governing document**
- In the interest of the social welfare of such members to provide and promote the provision of facilities for recreation and other leisure time occupations, being facilities which will improve their conditions of life and will assist in the development of their spiritual and mental capacities, self-reliance and individual responsibility so that they may grow to full maturity as individuals and members of the community.
Club members are aged between 10 and 26 and meet on a regular basis. Meetings range from talks and trips to preparing for competitions or fundraising for charity.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
The trustees have had regard to the guidance issued by the Charity Commission on public benefit.
**TAR**
Sept 2016
2
## Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
We held a variety of events during the year including the dinner dance in March, the sale of Christmas trees over the festive period and the annual pantomime in January. We raised £13,000 for our selected charity, It’s On The Ball which was donated in September 2023. Last year’s fundraising totalled £12,000 and was donated to the Spinal Injuries Association during the year.
## **Section E Financial review**
The charity is aware of its responsibilities and aims to hold sufficient **Brief statement of the** reserves to ensure its continued financial viability. No set reserves target **charity’s policy on reserves** has been set, however the trustees consider that the level of reserves held is adequate.
**Details of any funds materially in deficit**
None
## **Section F**
## **Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Richard Hastings
**Position (eg Secretary, Chair,** Trustee **etc)**
**Date**
20/12/23
**TAR**
Sept 2016
3
## **WYMONDHAM AND DISTRICT YOUNG FARMERS CLUB**
## **REGISTERED CHARITY NO. 268862**
## **INCOME AND EXPENDITURE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MAY 2023**
|**RECEIPTS**
Subscriptions
Socials & dinner dance
Donations
Raffles
Bank interest
Meetings & competitions
Club merchandise
Charity events
Christmas tree sales
Horse Show
Misc income
Pantomime income
Total receipts
**PAYMENTS**
Subscriptions
Socials & dinner dance costs
Donations
Meeting costs
Competitions
Charity events costs
Horse Show costs
Travel fund
Club merchandise
Pantomime costs
Equipment purchases
**Total payments**
**Excess of receipts over payments**
Bank balances at 1 June (2022 as previously reported)
Prior year adjustment (see note 2)
(Deficit) / Excess of receipts over payments
Bank balances at 31 May|**2023**
**£**
2,120
6,649
2,338
439
-
770
1,860
8,581
1,364
-
40
11,145
35,306
-
6,671
12,000
1,570
739
1,728
-
75
3,503
5,771
570
32,627
2,679
28,566
-
2,679
31,245|**2022**
**(As restated)**
**£**
1,839
6,365
99
778
10
314
519
2,432
1,687
4,370
2,859
6,309|
|---|---|---|
|||27,581|
|||4,205
5,205
5,700
601
318
401
518
-
-
2,904
-|
|||19,852|
|||7,729|
|||11,429
9,408
7,729|
|||28,566|
## **WYMONDHAM AND DISTRICT YOUNG FARMERS CLUB**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **AS AT 31 MAY 2023**
## **REGISTERED CHARITY NO. 268812**
|**ASSETS**
Storage container - at cost
Bar - at cost
Stock
Cash at bank and in hand
**LIABILITIES**
**Total net funds**|**As at**
**31 May 2023**
**£**
850
570
-
31,245
32,665
-
32,665|**As at**
**31 May 2022**
**(As restated)**
**£**
850
-
361
28,566|
|---|---|---|
|||29,777|
|||-|
|||29,777|
Approved by the Trustees and signed on their behalf by:Date: 3 July 2007
## **Richard Hastings, Trustee**
> **Date:** 20/12/23
## **WYMONDHAM AND DISTRICT YOUNG FARMERS CLUB**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR TO 31 MAY 2023**
## **1. Taxation**
The charity is eligible to claim relief's from Corporation Tax under Section 505 I.C.T.A 1988. Consequently there is no taxation charge for the year (2022: £Nil.)
## **2. Prior year adjustment**
The accounts for the year ended 31 May 2022 did not include the income and expenditure for the pantomime which were processed through a separate bank account. The comparatives have been adjusted to include the income and expenditure in that account and the bank account balance has been added to the statement of assets and liabilities.
This has had the effect of increasing the income for the year ended 31 May 2022 by £6,309 and increasing the expenditure for the same period by £7,404. Total net funds as at 31 May 2022 have increased by £8,313 to include the balance on the pantomime account as at that date.
## Independent Examiner’s Report to the trustees of Wymondham Young Farmers Club
I report to the trustees on my examination of the accounts of the Trust for the year ended 31 May 2023.
## Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance ‘ ’ with the requirements of the Charities Act 2011 ( the Act ).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than the requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
G Kerkham FCA DChA Larking Gowen LLP Chartered Accountants Diss
Date: 22/12/2023
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