Annual Report Launceston YFC 23/24
The year began with preparations for this years carnival float. The theme at being Grease and the club getting first at Camelford Carnival and 2[nd] Hatherleigh and Launceston Carnivals. Club also held events like harvest festival, fireworks night, carol singing and wreath making. The club finished off the Christmas celebrations with a Christmas Meal at Wilsey, the county carol service at Truro Catherdral and not forgetting partying hard at tinsel ball and the county carol after do held by Cornwall Young farmers.
The club started the calendar new year with the first charity event being the Christmas Tree Collection where we raised £600 for our chosen charities which this year were Farming Community Network and Children’s Hospice Southwest. Dung Run and Easter Bingo were the other two charity events we did throughout the year raising over £1000 at both events.
This year club also travelled to Newquay for the annual South West Area Weekend. Everyone had a brilliant weekend and there was a lot of sore heads by Sunday morning!
Cornwall YFC Competitions Day was a highlight of the year for the club, with members competing in competitions such as Stock Judging, Cookery, Tug of War and many more, with the club coming away with some great results and the cookery team coming first and both tug of war teams coming third.
Royal Cornwall Show was another highlight for the club this year with our cubicle theme being Gavin and Stacey. Members worked together to get the cubicle ready and the club was delighted to come away with sixth place in the cubicle and coming 4[th] overall out of the 20 clubs in Cornwall with our cookery, art, floristry, photography and handicraft entries which was an amazing achievement for the club.
Launceston Show was another great event for the club with the tent full of entries and lots of members of the public coming in and out of the YFC tent throughout day. With many compliments from the public of how good the tent looked; the club should be very proud of ourselves. Members also organised some entertainment in the main ring. The day finished with our After Show Party which was very profitable and enjoyed by all. The club would also like to say a big thank you to the Launceston Show committee
for all their support throughout the year and for allowing us to hold our after show do.
Cornwall YFC County Rally was another great success for club, coming 4[th] overall with club having lots of placings throughout the shed in the cookery, photography, art, handicraft and floristry sections. Also club having a junior and ladies tug of war team.
I wish anyone taking on a role tonight all the best and a piece of advice id give is to always to remember to believe in yourselves and you will get out what you put in so never be afraid to get involved.
As the clubs secretary this year, I would like to say a massive thank you to each and everyone of you that have helped with anything, without you guys the club wouldn’t have achieved all the amazing things it has this year and you should all be very proud of yourselves. Finally a massive thank you to Harri who I have been lucky enough to call my chairman, its been a pleasure.
L•unc••ton Young Farm•r• Club Ch•rt•r•d Accountant's Report to the Truste9¥ on th• Unaudlted Accounts of Launc•ston Young Farmerj Club In èceonlanth wlh the engagement, we have prepared lor your approval the financial statements of L*nceston Young Farmers Club which compnse of Ihe Slalemenl of Financial Actiwlies, 8alan¢e Sh88t an(J thè rdated notes from the charity's accounting records and Information and explanalions you have gfftn us The financial statements have been Pfepared In accordance wilh the financial reporting framework as set out within note 1 01 the notes lo Ihe financial slalements. As 8 member fimi of the Institute of Chartered Accounlanls in England and Wales IICAEW), we are subject lo its ethical and other professional fequiremenls which are detailed at &w.com/mombershandbook. This report 1$ made solely to you, the chanlls Board of Trustees. as a body, in accofdan¢e wlh the toms of our engagement letter. Our work ha5 been undertaken solely lo prepare for your approval the financial statements of Launceslon Young Farmers Club and slate those mallers that we have agreed to state lo them in this report in aceordance with Ihe guidance of ICAEW as detailed al i¢1.0)MIcmlaIIOn. To the fullest extent permitted by law, we do not accept or a$$Lbme responsitx.lity to anyone other than the charity and rts Trustees, as a body, for Our work or for lttis rewrt. You have apPrOd the financial statements for the year and have acknowledged your responsibilrty for them, for the appropriateness ol the finanoal reporting framework adopted and for providing all infornatiDn and explanations ne¢essary for Ihesr compilation We have not th• xcuracy or completeness of the accounting record$ or information and explanations have Ven lo us and we do not, therefore, express any opinion on the financi statements. Swah Gay FCCA ACA ATC Admsors Chartefed Accountants ard Bu&nesi Ad80(1 Urtsl 2 Dunhempd Court, Pennygillam Way C4)rTral PL15 7ED Jlio/I4
Liuncg•lon Young Farmr• Club Tru•t••• R•port loi Y•r End•d 31•t July 2024 The Twsleés wts•nt th•ir Annii•l R•potl and AccoLtnlB Iof the year endèd 31 sl July 2024. Lw•l and Admlnhtratl¥• mè of Chanty 8s regIsted al The Charity C.omniiss+on Launce51on Young Farmers Club Chty Regislr8lion Number.. 275707 ¥&pming Inslruménl". Conslilulbon Adopted 13th January 1977 Conslitulion.. Unincorporated Charity The TNslee$ seryed during Ihe ye8r'. Harrison Scott IVice.Chairpersonl Jess Hill ITreasurerl From 0111012023 Emity Brookham (Chairperson) Resigned 0111012023 Brenda Uglow Iclub Leaderl Re$igned 0111012023 Michael Screech (Life-time Member) ReSned 0111012023 Pnrwal Address ofthe Charity., Caerhayes Suite, Pavilion Centre Royal Comwall Showground Whilecrtsss Wadebridge Comwall PL27 7JE ATC Advisors Unil 2 Dunhèved Court Pennygillam Way Launceslon Comwall PL15 7ED
Obl•cts of th• Ch•rfty The oty•cl$ ol lh• Charlty Iire.. I l To advan¢8 the tducalion of young mèmbers of the public 81 large in agflcullur•. hom• crthft•, eomtry li18 rdiièd subiects. 21 In Ihe In18tests of thè social wellare of such mernbers, lo provi(lè and promote Ihe pro0n ol fac11rt$ for rvcmlion and olhei leisure lime occupalions, belng 18tililies whlch hthll improve their condilion• of lrfe )d %lll •ssisl in Ihe developmenl of their spinlu818nd rnenlal cap8cit18s. sell-rèli8nce and Indiwdual responbihty ao Ih81 they rnxy grow to full Tnalurity 85 individu81s and rnember5 of thè community. K1Pm1 Pow•rn ol th• Trust• and Commlll•• Th Comrnfftee oversees the finanrJ81 administra.n by moniloriny Ihe Charity Income and eyp8ndilw•. Furthernorn the Committee plans and co-ordinates fundraising events. 4wlntm•rt alThl••$ I Commltt•• m•mb•r• The Is administered by Ils Tru$iees. New Truslees are appoinièd by Iho existyng Board of Trtsstee$. New Trusto•s thr• Inducted inlo the workings of the Charity and th¥ir perfomiance Is closèly monrtored. Ourlng th• YMr We h0% hekl dub nights every Thursday doing a range gf drfferent a¢tivlties. This has given our members lots of opportunth'ts Irom job insil6s, handiualls. tours and talks, meetings joining Wth other dubs and •nIng5. lasl years drffi¢ult year, we h8v8 strlved to bring club bgck lo rts old way$. Our main foojs was to r•gw and lop last y•afs fundraisinq efforts. W• h•h1 mwry •¥ening$ and •vents to raise money for ¢harlty includlng our annual Christrnas tree and dung run$. l)Kma) Ihi6 year was our Launc•Jton $how after paty. making a good amount for dub fvnds lollwng a SU581u1 end io the show. This was only possible with the hard ¥w)rk mmbors and associaltrs FIA in. W• h#¥0 h•d many runo in Ihi8 cILsb year, Including - Royal Comwall Show cubicle and onlritis. Iiyj of war and r•lly. All have deThKJn6troled Ihe b*$1 ol Ihe club's ablllty. F&Mr1 R•vl•w of th• P•rlod The Charty made a defiul on Iho Charity ArLount of É2,10012023'. surplus £2,431) and a svfplus on tho Cwr•ftt kn)Unt of £3,30412023.' d¥fic41 £3,233), glving a lolal surplus lor the year of £1.20412023 defiot £0021 Incomo has risen due to an incr•88e In fundrai6inu this year. There has also been a fall 11) &Y4)•nses
rm lub Icoiillniiedl R•s•rts$ Pollcy The MAnWl (".omniitt•e COI)sider Ih81 reserves should be r8lalned of 81 loall £10,C0 to 8natrA• th• Ch•nh to lh• LX)51S 01 #ny18rge evenl should il need lo be c4ncelled vllhoul geneiatlng •ty inrw. TN K4Aw•menl Committee further consider that the funds in the National Savings Acwni thId b• •MI lulure long-lerm opportunities of the Club. The balance on this account was £19,721 at 31 par end available tree seNeS excluding tangible fixed 8ssels totalling £45,775 were held12. É42.4241. mjor nsks lo vknieh the charity is eoSed as idenlrfied by the Trustees and Commrttee continue lo be and systems have l)een established lo mitigate those risks. •IM for th Publi¢ Bènefrt The Tr(thes nfirrn that ihey have refeed to the guidance contained in the Charity commissi(,$ nce on wblic benefil when rewewtng the Chariws aims and objects.ves in planning future actswts"e& R••ptybilitM in rnlation to the financial $tat•rnents Tr TrLtses are responsible for preparing the finanal slalemenls in accordance ¥th appfK*
)1 stathrds (United lfj"ngdom Generally Accepted Accounting Practice). L• ce kn Charitses in England and Wales requires the Trustees to prepare financial stslemw)ts eath year thich give a true and fair view of the Charity's financial activities during Ihe yew th crf rts fjnancld P0SC at the end of Ihe year. In preparing financ4al slalemenls vthich give a true fw we44. the Tw$5 best practice and.. - seled $te &Co"n9 policies and apply them consislenlly., - kn tr tMthod$ and winciples in the applicable Charities SORP., -¢ eb'matos that are reasonoble and prndenl.. - •1 ithether applale ¢0.9 $tsndard8 and stalemenl8 ol recommended practice have been Aty•ed, to any matsrial departures di8clo8ed and eyplalned In Ihe financial stalemenls,. and -P4We the finandal Statements on a golng concem ba818 unless It li inappropriate lo presumg that Cwty fthnain operation. Tts Ywa•i I••pOn8le for keeping accounllng records blhlch disdose with reasonable accw•ci lh• poltyc of thé Chanty and which enablg them to ensure that the financial positn of st•tai?)w Charib•• kn 2011 and the Charitie8 IAccounls and Reports) R8gulalions. and WOMSMYIS ** Tfu d•thJ. Th•y ar• •lw r•iponslble for safèguarding the Charity's •8selJ •nd h•n t•ki •knp• th• pr•non •nd d•i•ciion of fraud and other Irr•9ulirlll••. Wov•d bv th• 8o•r4 01 Tfu•l••• on a014 •nd •lgn•d on Ih•lr b•haff by.. J•ii Hill. Tr••wrer
L•iino••ton Young P•rm•f• Club Ineom• •nd 1[pondIUr• Aeeount lor th• Y•ar End•d 31•1 July 2024 CUIRRENT ACCOUNT Nolej 2024 2ff23 Iw15 &bscripthJns 3,735 2.721 21,296 518 151 4.250 22 32,693 E¥EntS 335 rJ,704 N&tKJnal San95 Inlw•st (rthIrj Sd•s 18 1.151 420 28,922 336 4,222 4,335 202 1.183 15521 317 24,7S8 1,324 146 495 193 19,611 4,405 127 9,389 3,304 13,233) 43,802 46,835
Laun¢g$ton Young Farmor• Club B•l•nc• 8h••t lor th• Y•ar Endod 31•1 July 2024 Notos 2024 2023 1,131 1,258 RENT A 1,034 19,570 21,709 4,454 111 N*)nal Sa¥ings rrenl Acc4)unt Cthanty ACCJnI Cash & Clwues held .19.721 26,023 2,354 111 48.209 46,878 £49,340 £48,136 25 55 46,906 25 55 43,602 iknge and Cup Fund 2,354 4.454 £48,136
Liun¢O•ton Yoiiny FArm•rg Club i lh• Y••1 Fnd•rt Jl•t Jiily 1024 pMpfftd under the hislOriCBI cost convèntion Th• aecounts have b•ryn pr•pir•d lh• i-.h•ftti•s SORP M8r¢h 2018 IFRS102 with Update Bu1181in 1 and Update Bu118tin 21 and th• 40 i Th•y Ire prep8red on an a¢cruAls basis Tr• r•nsiiiul•$ • public benefit èntty 1$ delined by FRS 102 Tr• TnMe5 ams¥hrfvtther• are no material unctrtainli•s about the charitrf8 ability to continve 8$ a w'ng P5 TrKJthd m the SOFA gffjs$ of any expendrture. Income Is reco9nised vA)en the chanty is lègal entitled b) ftr arry condibons ha¥e been rrtt, the omounts be measured reliably and rt is probably that mdud•d in the SOFA gross of any Inco. kn15 art availab lor use zt the discrets'on of Ihe trustees in furthernnce of thir charitae obJ"ecti¥es Wn designated forother puFpos¢$. P•bJthl • kyeca 6) ¥cIf ndrtlns by donors as to howthey may be used The charity's restft.thd Ar¢ hoh1 the'chffj acujunt and rèpresent monie$ r•¢eived to be donatod to othar ¢hanlies. G•th are r•c4gn4•d on f•W'Pt ty Ihe Tr•a$ur•r. Olh•r donalions Ire T•¢ognK8•d onco lh• charity has ofthe (knrya, unJ•H p•rform•rK• c4ndIOnI r•gulr• d•f•rral ol lh• amjunl. d aM•t• ar• 111•1 ff••ur•l •t C4)•l •nd 4ubi•qu•nlty rr•iur•d 41 or ¥11, n•1 •tth• lolloing annuw r•t•• in ord•1 lo Vt•.Off •ach •u•l ov•r th •imihd us•fvl Ilty. IO% •n r•dutyng b•l•n¢• kn• Ixp•n••• 1,210 1?2 1•1 119 Jn9 Run YJM• Tr•• ¢DI• 1,017 819
L•iinv••knn Ythiiny PAim•r• Cliih Nol•i to th• AoeoiJnt• loi th• Y•Ar End•d J1•1 July 2024 Iconlinu•dl Inrom• Exp•n••g N•t 16801 13131 134DI 19551 17271 4.061 11.4241 1.152 LknTh•r ind D•nc¢ ofW•r SWA Pw$8s CknbNW$ L•uncsion S 2.350 3,030 313 2,B05 2,140 1,700 1,898 1,424 5,309 992 2.465 1.IB5 973 5,959 6,461 1,9cI3 Equlpm•nt AI Isi ••ws12023 1,925 At 31st W 2024 1,925 Al 1st Auw 2023 667 127 794 31It J2024 Al 31# Jufy 2023 At31th2Q24 1,404 1,131 l) b * •¥p•nui for pro¥id•d lo lh• ch•rity in th• yd•r Th• INst••$ 1 gv• frny bb Imp Mdéywrtè wyfonn ol r•rryJn•rniion or olh•r n•fil In c•sh or kind No •ntn•$ have bean ld• In th¢ r1•01 thi• •• th• Mnnoi b• qu•nlffi•d. Tlw• h•wl••n fiD p•Itytr•nuOfvI in th• r•wJrlng p•rtod thai i•iiuir• th"4ciosuN. Th•¥¢wr*b w• •Y4ryHn•é byATC Adblior• Ch•r•d AcfountsTrt• •nd 8¢Jwn•ii Adviiorn •1 no cmt th• It• •V¥K• wild nornIY•l £1.140
L•unc••ton Young Farm•r• Club Ch•rt•r•d Accountant's Report to the Truste9¥ on th• Unaudlted Accounts of Launc•ston Young Farmerj Club In èceonlanth wlh the engagement, we have prepared lor your approval the financial statements of L*nceston Young Farmers Club which compnse of Ihe Slalemenl of Financial Actiwlies, 8alan¢e Sh88t an(J thè rdated notes from the charity's accounting records and Information and explanalions you have gfftn us The financial statements have been Pfepared In accordance wilh the financial reporting framework as set out within note 1 01 the notes lo Ihe financial slalements. As 8 member fimi of the Institute of Chartered Accounlanls in England and Wales IICAEW), we are subject lo its ethical and other professional fequiremenls which are detailed at &w.com/mombershandbook. This report 1$ made solely to you, the chanlls Board of Trustees. as a body, in accofdan¢e wlh the toms of our engagement letter. Our work ha5 been undertaken solely lo prepare for your approval the financial statements of Launceslon Young Farmers Club and slate those mallers that we have agreed to state lo them in this report in aceordance with Ihe guidance of ICAEW as detailed al i¢1.0)MIcmlaIIOn. To the fullest extent permitted by law, we do not accept or a$$Lbme responsitx.lity to anyone other than the charity and rts Trustees, as a body, for Our work or for lttis rewrt. You have apPrOd the financial statements for the year and have acknowledged your responsibilrty for them, for the appropriateness ol the finanoal reporting framework adopted and for providing all infornatiDn and explanations ne¢essary for Ihesr compilation We have not th• xcuracy or completeness of the accounting record$ or information and explanations have Ven lo us and we do not, therefore, express any opinion on the financi statements. Swah Gay FCCA ACA ATC Admsors Chartefed Accountants ard Bu&nesi Ad80(1 Urtsl 2 Dunhempd Court, Pennygillam Way C4)rTral PL15 7ED Jlio/I4