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2025-03-31-accounts

TOWCESTER & DISTRICT YOUNG FARMERS CLUB CHARITY No. 272988

FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2024 TO 31 MARCH 2025

INDEX

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

1

TOWCESTER & DISTRICT YOUNG FARMERS CLUB CHAIRMAN’S REPORT

For The Period Ended 31 March 2025

Chairman’s report

Well, I’ll start with what an incredibly great year we’ve had as a club. Full of fantastic meetings, county competitions, charity events and our 80[th] anniversary ball.

We started the year with our stand at Blakesley show. Thank you to everyone that helped set up both the stand for the day as well as a huge team effort for what was a cracking doo in the evening.

Meeting then followed in September with our new members evening. Which welcomed back old members as well as some new faces, to mingle and have a good catch up over some burgers and rodeo bull after a long harvest away.

We had many great meetings following this for the year both at the club and away too. From Bingo nights, Morris dancing, FCN/ search and rescue/ BASC talks all down the club. To various farm and business talks from Sharmans, NFU, P&R Burbages, Woods Dairy, Dan Branson’s, James Harrhy’s, Livingstone pick your own and E.M Rodgers to mention a few. So, a great effort and big thanks to our programmes committee this year for that.

Along with these meetings, we undertook various county competitions throughout the year. We placed 3[rd] in the pool and dancing competitions, followed by a couple of 1[st] places in both the darts and bowling competitions. With Rally coming after in May, where we placed 2[nd] overall throughout the day. Was great to see everyone working hard and pulling together for a good club effort. We will bring that 1[st] place back to Towcester next year.

With the rest of our club’s free time, we put on a whole host of charity events, raising tremendous amounts of money for various charities. We started by hosting a Halloween tractor run, raising a whooping £2602.45 for Cynthia spencer.

Following this we had our 80[th] Anniversary ball, which was a fantastic way to celebrate 80 years of Towcester young farmers, with a great crowd of past and present members coming together while raising £1869.22 for the RABI.

Many more charity events followed with a rugby game against Kelmarsh YFC for the yellow wellies charity, making £310.68.

This was soon followed by our annual Christmas tree collection with a great donation from the community raising £330 for the Air Ambulance.

We then took on another rugby match against Towcester veterans for the yellow wellies charity, making another £276.13.

After having a charity break for a few months, we then hosted the annual Clay shoot. This saw great attendance from the general public as well as young farmers members. This was fundraising for the Cardiac Rehabilitation Department at Northampton General Hospital, making £1065.31.

We finally finished the years charity events by hosting a race night for the Injured Jockey Fund in memory of past member Andrew Tarry. This was a fantastic evening to celebrate Andrew Tarry with a sell-out crowd of young and old coming together over some good food and drinks. This wonderful evening sore a total fundraised of £1289.54.

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I think we can all agree what an extraordinary year we’ve had as a club. Excelling well in county competitions, being able to attend some great meetings from various companies and farmers, along with hosting a whole load of charity events, raising a grand total of £7,743.33 for various charities.

Thanks too:

Frank Burley - Chairman

16/06/2025

Dated

3

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 2025 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 2025, 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:

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:

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

4

TOWCESTER & DISTRICT YOUNG FARMERS CLUB RECEIPTS AND PAYMENTS ACCOUNT For The Period Ended 31 March 2025

Income
Direct
Expenses
2025
2025
Notes
£
£
Receipts & Direct Expenses
Club membership subs
6,432
3,950
Blakesley show events
7,707
6,100
Abundance ball
26,915
29,432
Club shirts income
1,761
2,267
Christmas dinner
1,699
900
East Midlands area - Skegness weekend
1,810
1,810
Cash cow challenge
-
-
Club events/meetings
3,996
-
Sundry receipts
1,579
-
Quarter zip
-
-
Sponsorship income
4,747
-
Donations
645
-
Interest
-
-
Gateslammer income
5,708
9,443


Total Receipts & Direct Expenses
57,291
44,459
Other Expenses
Meeting expenses
Sundry expenses
Total Other Expenses
Net Receipts / (Expenses)
Cash Funds Brought Forward 1 April 2024
Cash Funds Carried Forward 31 March 2025		 Total
Net
2025
£
2,482
1,607
(2,517)
(506)
799
-
-
3,996
1,579
-
4,747
645
-
(3,735)

9,097
3,865
37

3,902

5,195
38,806

44,001		 Total
Net
2024
£
(855)
424
600
(227)
(1,917)
(2,361)
250
7,416
888
724
1,550
275
77
6,844
8,579
3,322
11,901
(5,057)
43,863
38,806

5

TOWCESTER & DISTRICT YOUNG FARMERS CLUB STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025

Notes
Cash Funds
NatWest current account
Nationwide treasurers trust account
Total Assets
Net Funds
Unrestricted Funds		 31 March 2025
31 March 2024
Asset
Cost
Current
Value
Asset
Cost
Current
Value
£
£
£
£
44,001
38,806
-
-
44,001
38,806


44,001
38,806


44,001
38,806
44,001
38,806		 31 March 2025
31 March 2024
Asset
Cost
Current
Value
Asset
Cost
Current
Value
£
£
£
£
44,001
38,806
-
-
44,001
38,806


44,001
38,806


44,001
38,806
44,001
38,806		 31 March 2025
31 March 2024
Asset
Cost
Current
Value
Asset
Cost
Current
Value
£
£
£
£
44,001
38,806
-
-
44,001
38,806


44,001
38,806


44,001
38,806
44,001
38,806


38,806

Approved on behalf of the Trustees:

……………………………………………. Miss Olivia Blackwell – Club Treasurer

16/06/2025 …………………….. Date

6