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TOWCESTER & DISTRICT YOUNG FARMERS CLUB CHARITY No. 272988

FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2022 TO 31 MARCH 2023

INDEX
	Page
Chairman’s Report	2
Report of the Independent Examiner	3
Receipts and Payments Account	4
Statement of Assets and Liabilities	5

TOWCESTER & DISTRICT YOUNG FARMERS CLUB CHAIRMAN’S REPORT For The Period Ended 31 March 2023

Chairman’s report

I would like to thank my committee for all their help this YFC year – I have enjoyed my second year as chairman but I am looking forward to handing it over.

We managed to reach 100 signed up members, which was a great achievement this year. We have had a good year of meetings and coming second at the spring rally was a good achievement for the club, especially getting young young farmers involved.

We’ve raised a lot of money for a variety of charities this year through multiple events that we have hosted as a club, seeing some impressive amounts raised for local and farming charities. We’ve done well in competitions, placing highly in most that we have entered, which I am very proud of all our members who have gotten involved.

I would like to wish those competing at Lincolnshire show this week best of luck and I’m looking forward to seeing what happens in the club next year.

I would like to thank my secretary for all her hard work over this year. I would like to give a special thanks to Lottie for all her hard work with YYF, and finally a special thanks to Sue and Claire for always being here for us.

Chairman

Dated

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF TOWCESTER & DISTRICT YOUNG FARMERS CLUB CHARITY NUMBER 272988 On the Financial Statements for the Period Ended 31 March 2023 Set Out On Pages Three To Four

I report on the financial statements of Towcester & District Young Farmers’ Club for the period ended 31 March 2023, which comprise the Receipts & Payments Account and the Statement of Assets & Liabilities.

This report is made solely to the Charity’s Trustees. My examination has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity’s Trustees as a body, for my examination, for this report, or for the opinions I have formed.

Respective responsibilities of the Trustees and the examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the financial statements under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

…………………………. …………………….. J T G Harris ACA Date Chartered Accountant Harris & Clarke LLP 7 Billing Road Northampton NN1 5AN

TOWCESTER & DISTRICT YOUNG FARMERS CLUB RECEIPTS AND PAYMENTS ACCOUNT For The Period Ended 31 March 2023

Income Direct Expenses 2023 2023 Notes £ £ Receipts & Direct Expenses Club membership subs 2,888 2,960 Blakesley show events 7,936 3,876 Abundance ball 18,505 13,022 Club shirts income 40 2,785 Christmas dinner - - East Midlands area - Skegness weekend 2,217 2,380 Cash cow challenge - - Sundry receipts 4,820 - Donations - - Interest 77 - Total Receipts & Direct Expenses 36,483 25,023 Other Expenses Meeting expenses Sundry expenses Total Other Expenses Net Receipts / (Expenses) Cash Funds Brought Forward 1 April 2022 Cash Funds Carried Forward 31 March 2023	Total Net 2023 £ (72) 4,060 5,483 (2,745) - (163) - 4,820 - 77 11,460 585 6,042 6,627 4,833 39,107 43,940	Total Net 2022 £ (1,360) (212) 315 286 1,280 3,120 583 1,022 1,063 - 6,097 1,224 2,995 4,219 1,878 37,229 39,107

TOWCESTER & DISTRICT YOUNG FARMERS CLUB STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2023

31 March 2023 31 March 2022 Notes Asset Cost Current Value Asset Cost Current Value £ £ £ £ Cash Funds NatWest current account 30,664 25,908 Nationwide treasurers trust account 13,276 13,199 43,940 39,107 Total Assets 43,940 39,107 Net Funds 43,940 39,107 Unrestricted Funds 43,940 39,107	31 March 2023 31 March 2022 Notes Asset Cost Current Value Asset Cost Current Value £ £ £ £ Cash Funds NatWest current account 30,664 25,908 Nationwide treasurers trust account 13,276 13,199 43,940 39,107 Total Assets 43,940 39,107 Net Funds 43,940 39,107 Unrestricted Funds 43,940 39,107	31 March 2023 31 March 2022 Notes Asset Cost Current Value Asset Cost Current Value £ £ £ £ Cash Funds NatWest current account 30,664 25,908 Nationwide treasurers trust account 13,276 13,199 43,940 39,107 Total Assets 43,940 39,107 Net Funds 43,940 39,107 Unrestricted Funds 43,940 39,107


		39,107

Approved on behalf of the Trustees: ……………………………………………. …………………….. Mr Lawrence Baker – Club Treasurer Date

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