# **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|



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## **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: 

- Claire for bar work. 

- Chloe. 

- Olivia. 

- Rest of committee for helping to organise and sort all these events and meetings. 


Frank Burley - Chairman 

## 16/06/2025 

Dated 

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## **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: 

- 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 

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

|**Income**<br>**Direct**<br>**Expenses**<br>**2025**<br>**2025**<br>**Notes**<br>**£**<br>**£**<br>**Receipts & Direct Expenses**<br>Club membership subs<br>**6,432**<br>**3,950**<br>Blakesley show events<br>**7,707**<br>**6,100**<br>Abundance ball<br>**26,915**<br>**29,432**<br>Club shirts income<br>**1,761**<br>**2,267**<br>Christmas dinner<br>**1,699**<br>**900**<br>East Midlands area - Skegness weekend<br>**1,810**<br>**1,810**<br>Cash cow challenge<br>**-**<br>**-**<br>Club events/meetings<br>**3,996**<br>**-**<br>Sundry receipts<br>**1,579**<br>**-**<br>Quarter zip<br>**-**<br>**-**<br>Sponsorship income<br>**4,747**<br>**-**<br>Donations<br>**645**<br>**-**<br>Interest<br>**-**<br>**-**<br>Gateslammer income<br>**5,708**<br>**9,443**<br> <br> <br>**Total Receipts & Direct Expenses**<br>**57,291**<br>**44,459**<br>**Other Expenses**<br>Meeting expenses<br>Sundry expenses<br>**Total Other Expenses**<br>**Net Receipts / (Expenses)**<br>**Cash Funds Brought Forward 1 April 2024**<br>**Cash Funds Carried Forward 31 March 2025**|**Total**<br>**Net**<br>**2025**<br>**£**<br>**2,482**<br>**1,607**<br>**(2,517)**<br>**(506)**<br>**799**<br>**-**<br>**-**<br>**3,996**<br>**1,579**<br>**-**<br>**4,747**<br>**645**<br>**-**<br>**(3,735)**<br> <br>**9,097**<br>**3,865**<br>**37**<br> <br>**3,902**<br> <br>**5,195**<br>**38,806**<br> <br>**44,001**|**Total**<br>**Net**<br>**2024**<br>**£**<br>(855)<br>424<br>600<br>(227)<br>(1,917)<br>(2,361)<br>250<br>7,416<br>888<br>724<br>1,550<br>275<br>77<br>6,844<br>8,579<br>3,322<br>11,901<br>(5,057)<br>43,863<br>38,806|
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## **TOWCESTER & DISTRICT YOUNG FARMERS CLUB STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2025** 

|**Notes**<br>**Cash Funds**<br>NatWest current account<br>Nationwide treasurers trust account<br>**Total Assets**<br>**Net Funds**<br>**Unrestricted Funds**|**31 March 2025**<br>**31 March 2024**<br>**Asset**<br>**Cost**<br>**Current**<br>**Value**<br>**Asset**<br>**Cost**<br>**Current**<br>**Value**<br>**£**<br>**£**<br>**£**<br>**£**<br>**44,001**<br>38,806<br> **-**<br> -<br>**44,001**<br>38,806<br> <br> <br>**44,001**<br>38,806<br> <br> <br>**44,001**<br>38,806<br>**44,001**<br>38,806|**31 March 2025**<br>**31 March 2024**<br>**Asset**<br>**Cost**<br>**Current**<br>**Value**<br>**Asset**<br>**Cost**<br>**Current**<br>**Value**<br>**£**<br>**£**<br>**£**<br>**£**<br>**44,001**<br>38,806<br> **-**<br> -<br>**44,001**<br>38,806<br> <br> <br>**44,001**<br>38,806<br> <br> <br>**44,001**<br>38,806<br>**44,001**<br>38,806|**31 March 2025**<br>**31 March 2024**<br>**Asset**<br>**Cost**<br>**Current**<br>**Value**<br>**Asset**<br>**Cost**<br>**Current**<br>**Value**<br>**£**<br>**£**<br>**£**<br>**£**<br>**44,001**<br>38,806<br> **-**<br> -<br>**44,001**<br>38,806<br> <br> <br>**44,001**<br>38,806<br> <br> <br>**44,001**<br>38,806<br>**44,001**<br>38,806|
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Approved on behalf of the Trustees: 


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

16/06/2025 …………………….. Date 

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