Financial statements Eist of England Agricultural Society (a compan)T ]itnited by guarantee Forthe year ended 31 December 2025 AST GLAND AGRICULTURAL SOCIETY Company No. 01589922 Registered Charity No. 283564 East of England Agricultural Society (a company Ilmlted by guarantee) Financial 5tatement5 for the year ending 31 December 2025 Company information Constitutlon: East of England Agricultural %ociery is a compan} limited bi, guarantee xnd A ch%riry' £f)i'erned b}, its Mcmorandum And JlrticlLg of Jlssociarinn, incorporated on 7 October 1981 in Lrigland. thryth the last atnendment on 211,ebruar)' 2021 Charlty r•glstratlon number. 283564 Company registration numb•r. Oli89922 Regl$t•rod offlco: Fit£K(J}' I loiise Ea4t of England Showground Petcrbnr()tsgh l)LI9 6XL Email.. infn@eabiofL'ti¥lAnd.org.uk Trysloes at th• date the report was approved: Mr S F Roberts Chair Mr ,4 C. IkThirc - ITice C.hRir 'l-he Jlon. G P P Buyer Mr" V G BiLS5 l R C.rcasey Mr'l. C, Prjottit Nlr S l) Jacob LNI F-l % SITr OBF. Ir J J .% spencer hfr [) J W'allate Chlef Exocutlve Officer: Nlr D J Purey Audltors: Azets We5tpoint l.}rneh W'ood I)eterborough PE2 6FZ Sollcltors: BroK4ne.lacobson NlowbrRI. House, C.a%rle NieAdow Rd, NutUiighRm NG2 IBJ Bankors: Santander Ul< l)Ic 1-4 Long C.au4ewa}' Peterborough pr.1 IYD E?sl of England A9rl¢ultural So¢i•ty {a company Ilmlt•d by guarant•ol Flnanclal statements ftsr th¢ y¢3r endlng 31 December 2025 Compan}T information Inv•gtment •dvlsors: CCT.A Senator Hous¢ 8) Queen ITictutia Street l.Dndnn I.,:C4I1 4L'I' F.vel!n Partners Ini'esrmenr ThIanggemenr Services l.imited Bjsken-ille E louse Cenren24' Square BirminghAm BI 2ND Rarhbones 2 C)r¢sliam Street London EC2V 7QP East of England Agricultural Society la company Ilmited by guarantee) Financial statements for the year ending 31 December 2025 INDEX PAGE Roport ot the TTustee5 Independent auditorfs report ststement of financial activiti•s lincorporatlng an income and oxpondlture accoufttl 18 Balance sheet 19 Cash flow statem•nt 20 Principal accountlng poliei•s 21 Not•s to th• financlal $t•tements 25 Hlstory 35 Councll members and offlc5als 37 tast of tll9land Aori¢ultural Socl•ty la company Ilmlt•d by guarantee) Flnancial st#tements for th8 year ending 31 December 2025 Report of the Trustees The Members and Supporters The Directors, who are Alsc) the Iw5tetb OE die Charitable Company. have pleisure in presenting the.4nnual Reporr of the Board on the acui-iuel of the Sociery-, together ￿tith the financiAI stattment5 for the Jexr ended 311)ecember 202). Tryst••$ r•port The objects for which tlie Society is est41bIi4hed are.. To promote dgriculture And to such end get)er3ll! in)proi'e it in all its branches and to enCour￿e skill and industry in ii and in all tradcs. c.ritfts xnd profes￿10￿5 connectcd ￿1th it. 1.2 To promote educxtion And ￿rtIler the understanding of 3griculwre, horucultttr¢, and food production nongsi the geiieral popid2ti0n. 1.3 To promote wral iife and all aspe.ct* of the countryside. R•vl•w of actlvltles Thc Societ! h#$ fil-e ke! activities, naintly. man¥ng the MaL¥hal Papworth scholarship scheme thai fund% swdent% from dcvcloping cout]rries to srnd} in the l.'K. 2.2 awar(Img scholarshipg to student5 iti the UK for agriLuINral and related subjecr$. organising the Peterborough Royxl Foxhound Show. charitable acuirytieb. includmg educational 2t]d prornotionai aaivities to furrher the probpects and understanding of a81iculwre and the countryside. repobltioning the cliaritv's Eocus froin an ¢v¢nl's-based model to a grant-making foundation dedicated to suppurting the Eood farming communiry across the food & farming communitt. Tn￿*••6• management, org*nl*atlonal structur• and d•clsl•n maklng The Tn]siees ￿phO sen.ed during the pthiod are.. S F Roberts - Cliairman Nfr..l L W.Thiie- N'ice Lh3irman The Hon. G P P Boyer tt% I,. G Bliss rvts l R C.tea%ey {54ppointed 9 September 2025) Ivfr'l. ts koottit S P Jacob rj J % Spcncer .Mr Nl J I S Sl! (appointed g September 20?51 ,Vt P J IX allace -Ntr Stuart Iloberts was re-eleLtea as Chairniaii of ihe LounLil on 9 Septvmber ?02) and was re-elected as Chairman of the Societ}. Board ot] 16 September ?0?5. East of England Agricultural Soclety {a Company limited by guarantee) Finaiicial sta4emeJ)ts for the year Ènding 31 Decenbey 2025 Report of the Trustees Member% appoint Council. C.nuncil ippoinr8 tht Stsciety's Board. Thc Jloard 15 supporred by profe%stDnal executives. The Cl,-O, the COO and the I,inance l)irector atteiid all Society Board meetings. Senior mhriagers meet to ensure appropriate interacuon. Some use of electronic decision m#knAg is made to spccd up the proccss where appropriate And ro support regular Board rneetings. The Board is Further supported by Committees to which certain functions are delegated. Under articlc 15.6 of the Article% nf Association no one retired by rotation. Key management personnel. Senior m￿agerS for the Souety.. Chicf Executive Officer Chief Opcrating OFFicer I'inance DireLtor Nlr D J Furey Mrs A Queenborough Mr H R Q Arnold 3.1 Remuneration and pay of staff The Board %hAll cn%ure the remuneration arrangements support the 5tratcgic aims of the Soiitty 2nd enable the recruitrnent, motivation and reienuon OE executive directors. staff and non-executive directors while 8]so compliqng th the requirements OF regulation. The Board shall agree thc Societi'8 Remuneration Policies including level% ind %tructure for staFI rcmuneratiDn, in particular. those for executiNe th"rcctors, non-executive directot5 senior man2gemeiJt, including bonuses, pension rights and any compen5aiion pavmeiits. Once Èpproved the Ren]uneration p0￿CleS form the basis iiqthin which the CEO and seniot management %hall conducr the operatinns r)f the Sociery. Tangiblo •ssets and investm•nts The Trustees ￿1$h tn draw attenuon to the fact thar the market V21ue OF the Freehold land substantialli. exceeds net book value. The value of unlisted investments shown at Cosi is at least equivalent ihtreto. The ialue of ￿tsted investments is shown at rnarker value. Fund man4ers had been set targets by the Societv's Investment Committee to sustsin investment fulld growth using a r￿.iSed me&'um risk investment strategy and generating a total retl￿ OE 3.0010 above CPI net of fees over rhe medium to long terni. Environmentxi, social And Eovemance.. the Trusttts do not piesendv consider that these risks should impact on investment decisions. The Trustecs do not consider it ippropriate. to impose any ethical cottstraints on investmetlts that maj btr h¢ld. Over the yeAr the gait)s from financial investments averaged 4.1 /0 with income yield8 of 1.7 /0 overall. The perEoMRnce of each porrfolio is subject to rigorous 2nd rcgulxr review. InN-estrnent5 are s'alutd on a quarterly basis and the performance is subjeit to an annual report and th"scussion ￿th each investmtnt adi"isor. Reserves policy The 'Reserves 1)olicy' for ihe 'Gener21 Fund, is est2blished by the Trustee5 of the Society, reviewed annually and is displa)'ed in the aAttual arcounts.. The Society requireE reserves to 5UPPOrt the annual losse5 Ihai are being incurred during ihe current period o£tran%ition. The Socieiy is currently 2ppIJLng fot oudying planning to develop further areas OE the showgrL)und and temporarily has ieduced opportunities to g,enerate incorne. Reserves xre rtquired to maint3ill the assets of the Sociery and to manage East of England Agrlcultural Society {a company limited by guarantee) Financial statements ftsr the year eiidir.9 31 Decojrber 2025 Report of the Trustees the risk of closure. Re.%trrwes are alsn tequircd to support the project costs of the disposal nE the showground ind support up to a further 5 years of lo%ses. The level of re5etve5 required 1% c8titnaied as £3m to £4m. The current reserves At 31st December 2025 are £5.38m from unre8tricted Fund% made up of £1.25m ()f cR5h designated 28 cash for iniestment, #nd £4.1.3m OF Financi￿ inve%tmet)ts. The Icvel of re%en'es excludes the ma￿h￿l ljapwurth, restricted fund and the 'lJnderstanding British Agriculture" endO￿rynent Eund as restsicuons on these funds require the funds to be used on 5pccifJc non-oper2tionxl PU￿o$c$. The Trustees hive agreed to maintAin the excess rcscrves levels 28 these xre expected to be rcquircd to gcnerate hnds to support the Societj's new strategy. Membershlp servlces During the period, meTnber5hip incoxne decreased 10 £5,117 from £5,475. Member5 OE the Society Are elipjblc for complitnentat), nr discounte.d entry to) a nun]ber of thc Society evenis. rhe! receive x biannuRI ptinted newsletter and an Optional motLthl>' e-n£wsletter%. Thert IS 21so the abihty to promote their own busine55lproduct/service Url th Society website inclu&'ng advertising suitable vacant positions. embtrs are encouraged to view that their membership addillonall}? is about supporting the Societi" with the delivery of theii core mission of promoting agriculture and rural hfe in the East of England and to participate in devising, organising and i'olllnteeriftg. st￿eral cotEimittees exist (scc page 39) tn facilitate rhi$. Governance 'Ihe Council rnet two times duting the accounting period. The Trustees met sixteen tsmes throughout the period. The CEO atte.nds all Board rneetings and reports back tn the Trustees on majo¢ Strategic issues. Attend2nre during the year at meetings of the Trustccs was Eollows= Trustee Mr S F Robert8- Chairman Mr A C Uknite - Vice Chairman frs V Cy Bliss The Hon. G P P Bowycr L r l R Cre2sey G Foottit Nfr S P Jacab MH8%Iy Meetings #ttended 16 13 15 15 Out of possible 16 16 16 16 16 14 16 16 16 16 I r P J iXlall*ce 16 Trustees are elected b} Council follo￿￿llg a vigorous interview selection process carried out by the Nomination% Committee. Thry are chosen for their ctsmpetenry and Ekill sets to carry out a number of roles required of .1 rustees of the Sociery. All new Ttustees gv thrrJugh an induction process to ensure thlr rhey are xw#re of their re%ponsibib'ties. Periodic training is held for all'l'nJ5tees. statement of Trustees respongibilities Tlie Trustees ate responsible lur preparit]g rhe Srrategc Repo¢ the Report of the Trustees and the fm2nci#l statemcnts in accordance apphc2ble IAW and re8ul%uons. Easl ol England Agri¢ultu¥#l Soclety la company Ilmlted by gyaranto?) Flnancial statoniènts foi" th¢ year 8nGliny 31 Decomber 2025 Report of thL Trustees Con)parii." law reLiuires tlie I tU5tees to prepArE fthanciil statements for eaLh FiIianciai period in aicordance with United kntlgdom Generall}, Accepted Accounung Practice OJnited kn"ngdum Accouiirit]g Standards And Rpplicable liw). Under compan}, IAW thc Trn5tees must not approvt the fin%nciAI %tatements unle%$ they are. 52tisfJed that thty ve a true and FRir vsew of ihc stale OF 2FFait5 UF the chatity and of the incoming resources and appJJ"iation OE resources. inclll(h"ng the Aniume and expenditure, of the charity lor ihit period. In prtparing these financi81 statE￿entS, the Trustees are requirtd to". seleet SU2table accounting pohcses and then ipply them consistently make judgements 2nd esiimates that are reabonable and prudent State whether 2pplicRble accounting stsndards have been followed, subject to ani. material depattures disclosed and explained in the [￿anCIal statements prep%re the financial Statements or) the going concern basis unless it Js inappropriate to preswne that the charitable group will coijunue in bu5ines5 The Trusttts tespor15ible Eot k£eping adequate accouniing records that are bufficient to show and explain the chariy'5 transactions and disclose with reasonable a¢curaL}' #t any tin]e the financial position of the chariti, and enable them tn ensure thit the financial *tatements complv with tht G.omp2nies ilct 2006. The} are a150 responsible Eor 5%feguarding rhe assets of the charily and hence Fot taking reasonable step5 for tht prevention and detection OE Eraud and other irregularities. In so E2r 2s each of the Trustee5 is aware.. there is no relevant itsdit tnformauon of which the charilable cornp2ny's 2uditor$ are unxware. and the'frustees have taken 2ll sieps that they ought tu have taken to n]ake themsdves aware of any relevant audit infomiation and to estab￿Sh thar the auditors are aware of thit tnFom)ation -I'he Trusiees are responsible For ihe n]aintenance and integriry of the corporate and ljnancial information included on the charitable company's website. It￿81#t10t) in the United Kit]gdom governing the preparation and dissemination of fingn¢ial s¢atement% may diffcr from leg%larion in other juristh'ctions. 9. Indemnity insuranc• The Society has taken our an insurance policy on the following tems". Cover for the'l'rustee5 and Officers of the governitjg body of the East of England Agricultural Society for claims made #g￿n$t them Aueging any wrongful act. .over Fnr the Charity for cl¥ims made a￿ainSt the insured persons illt£in£ any wtonEEul acts. 'fhis provides over where the Charity shall be required or pe￿￿tted to indemniFy the Society'5 inth'viduals. Cover lor the Chatiry against loss arising by reason of anv wrungFul acts commitred by Society individuals ot Ihe employees in the course of kny professional sert4ce5 rcndered or which %hould have. been rendered. A such, the definiuon of emplDyee includcs any person undet H tontract ol service or apprenticeship the Charity, aiiy volunteer wi)rkitxg for the Charity or any persun who is being ttained by the LhArity. 10. Volunteers Lach year the SocieLiJ relies on m2n} volunteers who setve or) commtttee5 2nd atrend events to help platt and deliver Societj acuiiues. Their work is unpaid, and they cteate the unique charact¢r and happy atmosphere oEmany East of England Agricultural Society la ¢L)mpany Ilmited by guarante81 Fina¥i¢ial sttst-nients for the year endit*g 31 Deceimber 2025 Report of the Trustees acuviues. The Society is grateful for all the input over the pa8t year and welcomes offers of a%sistance From any intercstcd individuals. 11. Public bonefit 'rru5tees have considered the Chariiy Conllni%5ion's gwdance on PUb￿C benefii and 2re confident that the Sociery's objectives 2re being deiivered. The follo￿ryng are examples of the Sociery's work that benefits the public... 11.1 Improving 2wareness of the ]ink between food, fatming 2nd the ¢ountryside through initiatives such ab the 'ds Country programme. Lii'esrock competition5 and country sporrs displays. ,Iddition81 work is being undertaken ￿th local Young Farmer Clubs to a$sist devdopment of both agriculturt and livestock. 11.2 Offering schL)larship5 to ovttsei5 Studenis to fund their stuth.es in the U 11.3 F.stablishin% R gtant-malu'ng foundation deditated to supporUrLg the Food and F2rn]ing Lommunity across the food & farming community. 12. Risk manag•mgnt policy and prlnclpal risks and uncertalntles The Audit 2nd Risk Commiitee met four times during the ycar. The Audii and Risk Committee aided the Society in assessing its exposure and Jnforming of strategic risk mxnzgement. I'he Sotiet). Maintains a comprehttlsive iisk register based on ihe ILIG (ReJ, Amber, Green) rating rnodel. Red-rated ri5k5 are highIighted and reiiewed at each Tnjstee Board meeung. Thc Full re￿￿ter, alon% with associated remcdial actions to Mitt￿te idcntified risks, is Fonnally r￿'leW¢d at every Audit and ￿'Sk Committee meeting. The Souety has been a551Sted in connecuon with Health & Safety mxttets by Southwood Events. The Society 15 currently responsible Eor approximately IOQ acres OE the site. FJeaith 2nd safcry obligations lor the remaining 50 acres rest AEPC., the lon£-term tenanr of pari of the site. The Society underi&kes regular hedth and safety Anspections, as well as routine water 2nd electrical test1r￿ across all areas for which it holds responsibiliry. lThc f ocicry has been further assisied in connection with Flutnan Resource5 matters bv Mtntor. part of N'atwest and n independeni HK Cor]bultant, Jack> 15aac (Eormer NED LO East of England Showound Serwiccs Ltd (Showground Services Ltd)). 'lkne Trustees consider the principal FJn2nci21 risks wd uncertaintses to be.. valuauon oEinvestment Eunds, budget conrrol And s>stem risks. S}pstemg and procedures have bcen estabhshed ta manA%e those ri￿ks. These irt detatied in the Standard Fmancial InstNctions which are reviewed annually by the Auth't %nd Risk Commitiee and the Trustees. An annual budget is prepared each year ro identify cash flow requirements md potential liquidity ri8ks. 13. Fund raising poll¢y Section 1622 of the Chirities Att 2011 tequires chaxiue5 to make a statement regardit]g fundraising activities. AILhough we do not undertake widespread A￿draISing from the 2enerAI public, the legislauon defJne% fiind r9ising a5 "solicinng or otherwisc procuring mnney or other property For charitable piirposes." Such amount% receivable dre presented in out actoutits 8$ "voluntary income" In te]auon to the obove we confm that all s01icir2tions are m2llaRed intemall}, without involvement of commerci PRrtAcipators or profcssionil Eund-raisers, or thitd p&trties. 'I'he day to day tnanagement ol au income generatton is delegaied to ihe exeLutive team, who ￿e #ccountable to the Trustees. East ol England A9rl¢ultural Society (a company limited by guarantee) Financial statoments for the year ending 1 DeLL'mbor 2025 io Report of the Trustees We has"e receii'ed no complaints in relation to Fundraising activities. Our terms of cmploymcnt rcquire %tafF to behave re%sonably at all times. we do not ipproxch Indi￿1dvI1S lor fund5 we do not parucularist this tu fundraising activities nor do we cunsider it necessary to design speci5c procedures io monitur suLh activitses. 14. Flnancial p•rformance The Society is going through a straicgic reSt￿ctUre. The Society hRd enteted into a ptomotion agreement to sell the showground. The.%ocicry no longer recesve a licence Fee and the profit from Showgtuund S£Lvices Ltd as a deed or ¢oven2ni. Howevet, the prornotion agreement expired in March 2025 and the planning to Sell the showground ha5 S￿nce been declined. 2025 has been anothet transitsvn ye%r between losing rnany OE the income streaTrb Irum operating 2 showground aftd receiving the capital procetds From phase one of the land sale. The operallonal cash for the year has increased to U)12k (2024-. £C)95) (%ee page 201. Income resources from generating funds continue5 to reduce. £447k. (2024.. £5171 This 15 madc up of the £301k of site rentals, £145k of inve%tment income and £lk DI donation4. The Society has financi21 investments which were valued at £5,636k at the )Tear end. There have been £229k of inv¢stment %ains xnd £94k OF inve5ttnent income in the y¢ar. The investment income hAs been reirxve5ted. The Society has cash deposits that have generated £51k OE bank interest. The Society Trustee5 have 3greed to continue Thith their programme of charitable activities during this transiuon period. After xlloc#tion ol overheads (see note 2b on page 25) the total net expendj.ture by the Sociery on its charitable activitie5, (see page 181 miy be anaiysed xs lollowb.. Period ended 31 December Net expendittjre on charitable activitie5 Show Technical &nd educ3tional activities Membership 'I'otal net expen(h'ture on chuitable activities 2025 £,000 294 338 31 663 2024 £.000 284 350 641 15. Futur• plans follouryng the refusal oEplanning permission by PCC An October 2025, the Sociery underiook & comprehensive restructuring process infom)ed by a strategic review OF the chariTh'% nperation8. A new planTLing application wyli be progressed for the sitc, a proces% which is expe¢t¢d to take Eev£t%l years to come to fruition. In the interitn, the charili will conuijue to deJiY¢r its core charitable activiues while advancit)g its transition Low￿ds. becon)ing a grant- m#kJ"ng foundation. Ahgnment Mth Charitable Objectives Whilst the e$t2bli$hment of the proposed grant-making Enunditson is likel}, to experience significant de12yS, the C,harity's stratC8ic intention to ccase loss-m2kinE shDwground actsvitie5 2nd transition lo x grant-m4king model rem2ins unchanged. East of England Agrlcultural Socioty la company Ilmlted by quaranlee) Financial stLlt¥?mÈnt5 for the year ending .31 December 2025 Ileport of the Trustees I'he Society'5 three core charit2ble objeciives. as set out in the goveming documents on the ch￿lty- Commission we.bsite, cot)tinue to underpin it5 work.. "I'o promote %griculture and, to that end, to improve IL in all Its branche5 and to encourage skll #nd industry in it and in all t￿￿a¢s, ¢.rafts, and ptofe5sion5 connected with it. To xdvaftce education and promote underyrandinE of agmculture, horticulnAre, 2nd food production among the geiier21 public. To promote rural hFe and all aspects of the countryside. Areas of Pocus The Chariry will concentrate on the following kcy arcas:_ Continuation OE Core Charitable Activities The Society will continuc to dchver activitie% thxt *li2n with its chaIJtsblc objtctives and .%upport the food and f￿rnIng community. I'he5e include the Marshall ljapworth Ilrogramme,. the l&ds' Country progran]me (suppotting Key Stage l and Key %t4e 2 pupils); the Scholars Programmc. the Bedfordshire r)it]ner; and the Shuttleworth Lecture. 'llie Society will alsu coniinue to support Ioc212gri¢ul¢ural ihanues and initiatives through the provision OE resources. in-kind as8istance, and access to premises For rraining and related activities. E5t2blishment OE É Grint-M#king Foundation The Societi, will progress plans to establish a grant-making foundation dedicAtcd to supporring the Food and farmitlg community across fotsd & famiing community E5rate Management and comp￿8￿Ce The Societi- will tnaintain oversight of health 2nd safery. mainten#nce, and security across the 100-acre site lor which it is responsible. C)OVtmance and Ovcrsight The Societ). continues the review ol its governance Frdmework, pohcies, and standard operaung procedures. Following a"frustee skills au(h'L new Tru8tees ￿tk specialist expcrtisc have bttn appointed to Address identified gaps. In addition. individuils ￿1th significaTLt investment and au&'t experience have been Iectuited to serve on the relei'#nt Specia￿"st cotnmittee5. It is anticipatcd that Further revisions to the Society'.% 8Dvernanc¢. arrangements and organisxuonal structure5 wiiL be prtsented to ihe 2026 Annual General Meeting for consideration and 2pproi'31. Thes¢ propobals are iniended to support and Facditatt the Sociery's transition towards ￿ gtant-makn.ng foundation. The Societv 71so rerently completed Xll extenstve Invitation to'l'ender process and ha5 engaged new lega] advisots and land agents to prolide expert suppori. 16. East of England Showground Development In J2nu2ry 2025, Pctcrborough City c.ouncil resolved to grant out]ine p12nning permissi()n fot the development of 2n adth"tional 6iO dwellin￿, representing a ke}, stq) in advancin£ the proposed redevelopment of the F.Ast of England %howground. The 2pprc)val cc)ntemplated the de]ivery of a iotal ol 1,500 dweLiing>s. iogethet Tr￿th associated infrastructure and ancillary Eacilitics, at]d constituted i siwificant mijestone in thc Socicrfs ongaing ttan%formation. The completion of thi5 plannillg applicauon remained expressly subject to the grant OF dctailtd planning pcrn]ission, the signing of an S106 2gryeement witli l)CC 3nd the Societl 5 abikn'iy to demonstrate complianie Thqth its Statutory, East of England Agrlcultural Soclety la company Ilmltod by guarantee) Fin3nci#l statcmsnts for the endiny 31 Doc*mb8r 20k5 12 Report ol the TiustLes duties, including rhe requirement to achieve best value in accordance with section 119 of the Charities Act 20113nd applicxble. Chxrity Commission guidance. By mid-march 2025, the Promotion Agreement with AP'.I'G formall} expired. In October 2025, an application f()r planning pr.rrrLission, incorporaiing 2 Section 106 agt¢emeTJt negotiated under tlxe now-exptted Promotion Agreen]en¢ was recalled before the Planning Cotnmittee of Peterborough c.ity Councd. Actin2 tsn professional advice, the Society declined io tnier intts the proposed Section 106 agreement. This deci510ll was informed by clear and consistenr advice from rnultiplc indcpcndcnt valuer8. t(>gether with the Socicty's Icwal adviser.% at the Ume Mishcon de Rey2, thal the temb (if the agteement did not represenr best value Fur the chariry and. accordingly, could not be supported in compliince with the C.h2rity Commissirjn's requirements ind the statutory duty, under section 119 of the Ch￿lties Act 2011. Followitig the reEus21 of pllnning permission by Peterborough Citi, Council. the Society deterrrnned not to pursue An appeal on the pr()unds that the propti%ed.£ection 106 ag¢eement rendered the %cheme unviable. The statutory period For ludLJing 2ppeai expired in Lmay 2026 and, accordingli. the plannAng %ppLication proTnoted by AF.PG lapsed with flo ￿r[her right of appeal available 2t thi5 tirtle. The Sociery's intention to e%tab￿sh a 8rant-tnakn.ng foundation remains unchanged, and a new phased planriing apphcatiun proce55 15 currendy being developed. Notmthstan(ting this, it is acknowledged thit the FAilurc of the plinning process initiated in Jatjuary 2025 has materially delayed the Ststiety's proposed transition to a grant-makjng foundauon. At thi's juncture, the precise timetable for the SoCie￿s rrdnsirion rcmaing uncertain. However, the Sociery is proceeding on the ba515 that initia] grant-making acUI"iue5 ma}. cotnmence from approxirnatel}' 2030, w]th the tr2nsition process there2fter being completed at a larcr stage, %ubject to the successEul progression of the planr]ing, development, arld land disposal programme mc>st likely Completed alter 2046. In the interim, the Society continues to deliver its existing programme OF charitable activities. as set out below. 17. Marshal Papworth Scholarship Sch•m• Estab]ished during 2001 by a It￿cY Irom Nfr M K Papworth (see note 12 on page 321 the conditions of the Marshal Pxpworth Fund are to help educare agricultural 2nd horticultural students from developing cDuntrie5. In the 25 }rears since the Fund WAS formed, it has now empowered over 272 students Etom devcloping countrie5 to receive further education And 50 help their home communities. Tn 2025 sixteen sustginable agriculture smdcnts From Cyhana, INt07.arnbiqut, Nigeria, Rwanda and Lganda wert enrolled on x ien-wecL short course at I la¢p£i Adam5 Universiry. The students were seleited through parinering rratigemenis ￿1th RJ"pple Effect, Hands Around the World. J£prosy ML J"ssion, SlideA Africa, Fann AfricA ind Shangani Holistic. The scheme also supporis Msc courses (or overseas stydents in agriculrure and horticulture related IOPLC5. Ths ye2r. Eour Msc 8tudent8 were enrolled at UK universitics and cnllege% intludin%'. Royal A8riculturc L'niversity, I l&tper AdaTll5 Univcrsiry And the Lniversit} of Rtaditxg. Topic% ran£e.d through Msc Inlegr%led l)est. weed and disease man2gemenL, MSL Sustaill8ble Agriculture and foud Securiry, 2nd MSC Applied IntemaUOTLai Development. During 2024 a new P2tron of the Fund wa% appointed, The Right Reverend John l-lolbrool Bishop of Brixworth. He ll ad&tionaily 2SSlSt the comfftittee to idenufy and nurture Ptsienu21 p2ttnets, sponsrjrb and adi'ocates to help secure the fund's luture which would otherwise have exhausted funds in the next 4-5 years if current levels of students are rn2intaitxed. East of England Agricultural Soclety (a company Ilmlt•d by guarante¢) Financial statem•nts for the year ending 31 Dece5nber 2025 13 Report of the Trustees 18. Scholars Programme The F.Isr of F.n218nd Agncultural Socierfs Scholars Programme wa% launched in September 202.3. and aims to provide funding to enable those workittg within agnculture and the auxiliary, Jndu5tries to attend courses, conferetxces and events that iould Lhange h"ves, propd careers and provide ￿￿[￿able ins4hts. In 2025 the Scholars Tjrogramme received I l applications over thret appliiation %widtsw¥ (FebTU*ry, June 2nd September) and awatded funding to 5 successful canth"dates, pl¢dy"ng £14,050 in funding. In 2025 the Scholars Programme supported intemAtionx] study opportunitie5 ￿4th trips to the Illtetnation￿ Sheep Vet Congress IA Ivollongong, Australia, the SASK Soil Conlerence in Saskatchewan, Catlada and the It]ternauonaE Herbage £eed Group c.onference in Tasmania, AustraiLa. Closer to home. we alscj helped fund an apP￿C%[1t,s place on the ￿'t£ Consulting Herd Nlanager Training ProgramEne and a place on the Ivorshipful COMP￿1} of Famier8 C.h2llenge of Rural Itadership coufse. The comtnittee also hosted a Scholars Skdis Day, brinLJing t()Lyethet Society gr*nt recApients frum the last decade alongside Ihose who had teceiN ed lundj.ng through the Scholars Programmc. As well as enjo}ryng a grEar network opporruniry, attendees 21so had a Trvorkshop in storytellmg and presenting skills and recorded a podcast episode 'I'ht Sheep Geeks. 19. F•stlval of Hounds The 2025 event celebr2ted the 137th PetetEx)rough Royal FoKhound Show and 1)eterborough' continues to serve this great P25t time as x untque annual focus for all that is best in Eoxhound bteeding. Ileld in Conjunction ￿ryth the Peterborough Royal Foxhound Show Sociery. The As%oaation ol fvlasters ol Harriers and Beaglc5, The Masters of Ba.%set Hounds ilssociation, Fellhounds- all making this thc largcst show oFwotkinE scent hound5 anTrwhere in the world. Visitors include those from the hunring community ove¢seas along with those frotn up and down the breadth OE the UK. Thi5 uccasion provide5 an Atnportant sociaiising opportunity for Ihe rnral community 2nd to suppr)rt the retail shopping trade stands, many oEwhom are rdl￿t on this once-a-}'ear auth.ence and are artisan rural based businesses as opposed to M'gh street brands. 'I'he event also focu%es on celebratsng atkd encouraging the next generation in the hunting communiry, ￿ryth the Hunr StaEE Benefit Societj Young I Ian(ller C.I2s8 returning for the sixth yc.Ir. This presents an opportunity for }oun%sters th2t help out voluntaril} at kennels throughout the year to show off their skdls at hound ShO￿￿g. I'his year the ompeutors and the￿ hounds were a150 taken into the m2in l)RFSS titiLY. which lutther helps thebe young people g￿n confidence in pubhc speakj.ng #s they explained about their hound and time hdping in kcnncls to a seated Ruth"ence of over 600 5eRted Vice Prc5idcnt5 and their gue%rs. For the equine enthusiasts, the Inter Hunt Relay is a East-paced knockour-sryle compeuuon ￿ttth teams entered in borh the Junior and Senior dr2w% to find oiit the quicke.sr and most sknlEul team of four. Lucally Sourced Eood w25 very much a theme, whether thil was from the food LoncessLons, the three cnur8e lunch setved in the Vice Presidents m*rquee or down in the hunt lorri, park picnics, where the annu2L E.lllnr Picnic Cornpeution is hdd. The show footprint w*5 Eaced with a very125t minute rdoc2uon on the ShO￿￿r￿und due to issues surrounding tenanted land and the inibikn'ry to utilise the kennels and main rinE inErastn]ctute. Dc5Plte these constraints and th3llenge to operational costs, the actual day was 2 roaring success and in tutn proi'ided evidence that rhe event could be 'hfted and 5htfted' to an aLten]ative venue post shvwgtouttd developmettt. The Society has been in ￿ScussIOnS East of England Agrlcultuyal Society la company limited by guarantee) Financial stdteni&nts for the year eliding 35 Decenib= 2fj25 14 Ileport of the Trustees with the BIISA to take on the admini%rrntion and financial dcb"ve4 06thc Pcstival whdsr still rccngnising their RrranpFment ury¢h the PRFSS. It is hoped that this wJl be the dchvlry method Ei)t the 2026 event. 20. Klds Country The Kids Coijntry programme transfer to Sacrewell Fxrm, optr2ted by the William Scott Abbott'frust (Wstsl'l), frorn April 2026. iVSAT de]ii'er a speciAh"st progratTllne of school. based event5, targeting approximately 1,5(K) I6. Ba$1$ for oplnlon W'e conducted our audit in accordance Trrrith International Standards on Auth'ting (UIC) (ISAS ￿K1} and applicable law. Out responsibtblles under those standards are lutther described ixi the AtsJ#'lor's reJpow¢lJihi¥tJ for ibE ofihefirtalELia/ lalements secuon OE our report. We are independent olthe Charity in accordancc the ethic21 requirerncnts that 2re televant to our audit of the financial sratements in the Ul<, in¢ludtng the FRC's 14.thical Standard, and we hive lull￿ed our other ethical responsibi]iues in lccotdance wiih these requiremenis. We beheve that the au. ?0?6 Signed Ch S F.. Robeit Viee Chairman: A C lThite Clll'e Executive Officer.. D J Fur¢} Th• aecompAfiylng * coufitlng pollel•ts and not•• lorn? port ol th•¥• Iln•ncl•l stat•m•nts. East of England Agrlcullural Socl•ly la company Ilmlt•d by guarantee) Finan¢ial 5tatement5 for the perlod endlmg 31 D*¢ember 2025 20 Cash flow statLmLnt Year Endcd 31 Decembet 2025 Year ended 31 Deccmber 2024 Noie Cash used in operating activities 14 {911,880) (695.643) Cash flows from in%'esting actiMtx¢$ PuTcha8e of idii%il)le (￿ed ass¢t4 Sale of t2n%il)le fLxed 2ss¢t$ Piirchksc of In￿eStmentS £ale of Jni-cstments Djtidends received Inttre81 reccii'ed (21,844) 1,033 (645,060) 871.683 93,786 51,312 12.4061 64 13,526,519) 3,732,068 116,132 97.374 Cash provided investing activities 350,910 416.713 Decrea8c in cash in the period {560,970) 12,, 8.930) Opening cash at ihe begAtitiing of the petiod 2,018J72 2297.3021 aosing cash at the end ofthe period 1,457,402 2,018.372 Th• •¢¢¢MMpanyln9 •¢¢OY17tln9 pollcles and not•s fon* part of th•s• Iln•Dcl•l st4t•m•nt•. East of England Agrl¢ultutal So¢i¢ty la company Ilmiled by guarantee) Financlal statements lor the period ending 31 December 2025 21 Principal accounting p()licies 1.1. Basis of preparation 'Ilie fitianci%l stXlLmLtits have been prfpared in accordance ￿￿'ith appLiLAble ACC()UlItillE btatidards, the COJnpaIiies Aci 2(KJ6. and lollow the recommendation% in the Stxtemeiit of Rccon]mcndcd Practict.. %tRtcmcnt of Recr)mmended PrArtice. xpplicablc to chAriticg preparing thcir accounts in acctsrdAnce with tlie I'in%iici&il RLpurting St7ndArd applicAblt in rlie Ul< and Kepubhc UE Iteland11.'ILf 102) lelfeLtive January. 2019) - (Lliztities SORP11,'RS 102)). The lill#riiial statements art e¥empr From consolidation follo￿1￿8 the 4ale of its onl), 2CljVt %ubgidiary in Alugust ?O?l ivith its remiiining subsidiAn. bcing dorinant rhi'oughout the currtnr xnd prior PL'i'iod Conseqiieiitly, tht%t Fin5LnciAI EtateJnent5 prf Sent iiiforniauoti about the chatitable tc)mpaiiy onl!. and not ilie gri)up. Tliey li¢ive bten prepAred undi'r the historical cosi convention except that invcstmenL8 are i'alued 21 market value (sce bclnwl. "rhe account% xre prépared on R going concert] bi%1% And the Tn]btees Arc not ATrarc of aii}.- gi￿)][ICant uncertwiities. 1.2. Golng concern -I'hc charirable compan! has qiibstAnLial reseTh'es in exce55 of the levels idejiufied lli ihL chAntible Lumpani-'s IlestThes lJJlic}' tL> enable the iharitable cornpan} to ren)ait] a going concem fo¢ the fortseefible future. 1.3. Incom• 1.3.1. Donations and glfts Income is recogni%ed when the chaTiry is con5idtred to have enudement to the Rssets. it is prubable th2t the resources ll be recaved and the monetary. value be measured wjth sulficient reb"abikn'ty'. All fflonetary donations and snEts are included itx full in the statement of FthRnCl￿ activiues when receA%'able, proi'ided thit there are no donc)r-Jmp05ed restnctions as to the timit]g of the related expenth"ture, in which case ecogmiuon Is deferred untti the pre-condition his been met. Legacies to which the charity. is entided Are iticluded in the statement oFFin%ncial actiN"ities unles8 the}. xre incapable of measurement. Gifis-in-kind are accounted for at the Trustees, estirnate oEvalue to the chariry or %ale value 2$ follows.. A55Cts rcceivtd for distribution by the charity, are recogni5ed otlly when distributed assets received for resale lre recognised. where pracucable, when receivable or otherwise when sold gif1￿ of fixed xssets for chariti-. ust or fvnd5 for acquiring fixed Assets for charity use Rre accounted f()r (as restricttd funds) immcdi2t¢ly on teceipt. Intangible Incorne, whicli comprises donated seNices, is in¢.luded in income at a valuation ￿h1th is Rn e￿timAte of rhe finaiiciai co%t home by the donDr whcre such c05t is quanufiable and mtasurable. Iln equii'aleiit ￿n￿Unt is chatged a5 exp¢ndittire. Volujitary, help is tlOL inLluded income. Cash which the charity is legally entitled to but which ha5 not been received at the period end is Included as income. Donations under Cyift Aid are credited 3.8 incomc when the donations are receivable. The accompanylng accounlln9 policies and not05 form part of these flnancial statem¢nt$. East of England Agrlcultural So¢i¢ty la company Ilmited by guarantee) Financial statements for the pÈriod endin9 31 December 2025 22 Principal acci)unting policies 1.3.2. Investment income Investment Incotne 15 recogni5ed wheii reLeivable. 1.3.3. Membershlp Incom• IKlembcrs' subqctiprii)n.% are re(.0￿]Sed on a receiptE basis. 1.3.4. Exp•nditur• Aabl￿ticS are rccognised as expendiwre as soon as there 15 A leg￿ or construcuve obligatioii committing the charity io tFtt expendittjre. l-.Apenditure, which char£ed orJ An arcruRls basis, 1$ 2llocAtLd between.- expen&tt]te inCUTrtd direcrly to the fulflllmtnt of the clx2ri¢y's objectiires (direct charitable expenditure incurred direcily in the effort to raise voluniAti' contributions Ifundraibing and publicitr-); expendifure incurred in rhe managcment and admini%tr#tion OF the charit! And c.ompliat]ce uoth constirutionAI 2nd statutory, rtquirement.%> grant£ pa}'Able arf charged to technical and educational activiiies d ate reCOg￿Sed a5 expenthturt when a grant cotnn]itmeni ib made thothout ionth"tivtL, ur when the conth.tion will not in practice allow the chatiti to avoid the knabthry Costs that can be recognised as being wholly associated 54qth support acti&itie% are directlp allocared. AU othcr costs, including staffing costs, are apportioned on the basis of an estjmate of the time spent b). e2ch member ol siafF. 1.4. Fund accountlng Restricted funds to be used for specified puooses laid down b} the donor. Both the capital and the income ma}, be 4ppb.ed for the puTrose5 for ivhich thc Eund% Kvere donited. F.xpendJ"ture for thosc purposes 1% charged ro rhe fund. together a fair allocarion oFoverheads and support ctssis. This dpphes to the imarshal lJ2pworth Fund (see note 12). Endowment funds represent those Asseis which must be held petmanentl}' on trust b}. the chariry for ihe benefli of the charit}'. 'I'his appbes to funds received from Understanding British AgricuLture l%ee note 13). Llnrestricted funds are donations Ind otlier incotning resources rectii'ed ur generlted for expendirure on the gener21 objecui'es of the charit! Rt the discretion OE the Trustee8. Designated Knds ate intluded in unrestricted Eunds. 'IranSfe￿ between Funds from the general reserve to desjgoated funds are at the th'scretion of the Truscees. The purpose is to allocare resources to future planncd expenditure. Th8 accompanying accountln9 poll¢le$ and notes forn part of these financlal statement East of Èngland Agricultural Society la company Ilmlted by guarantee) Financial statÈmÈnts for the period endin9 31 December 2025 23 Principal accounting policies 1.5. Tangibl• lix•d ass•ts and d•pr•ciation 'I'Angrible fj.xed asseis Are stated at Cosl. nct OE dtpreciauon and any proiision for impaitment. DcpreciallOtI LS ¢nlciilated to write doivn thc cost or i'aluxtinn 1t.ss estimatcd rc%iduAI R'lluc of tfiiigiblc fJNed as%ets otlitr tlian frcehold lxnd b}, trqual annual in£rRllmeiits oi'cr their expected useful IivL5, the r￿st finiiuAI Installjiietit beiJ)Lr the year olacquisition. 'Ihe periods generall}, appkncable are.. Building$ 2nd showground developrnent ArenR biiildj.ng And surrounds Showground cciuipment O(lice fumiture and fittings over 5 to _3n years over 5 to JO yeRrs over 3 to 5 yea over 5 years Depieciarion oFcups and trophies is not eon8idercd appropriate. All assets are c&piia]iseiL incluth.ng inahtnable and historical assets. Expgndin]re on equipment. furnAture and fittings costing over £l.000 is capita]ised (?1124'. £1.000). 1.6. Invostments Assets held for investment PULposes are valued at market value at the hilince 8heet date 8nd the movement shown in thc statcmcnt of fjnincial acti%'itie% comprises botli reRlised and unrealised gains and losses. Trndcd 5£curities are valued at rh¢ mArket value quotRUon in the Stock F.xchangt l)2ilJ' l.ist. Investfftents in subsidiary undert￿Ing8 are held at cost. 1.7. Rotiromont benefits The pension CDSfS charged in the petyod represent the amount of the contribullons papable to rhc stakeholder pension schemc in respect of the accounting ptrii)d. 1.8. L•asod •ssets A5￿Cr% hcld iijider flnance lekses and liire purchRse contr8ct4 arf. CAPltabsid in the bxlance sheel and depreciated oier ilittr e.xpeited 115eful Lii'es. I'he Interest element ol leasiiig pa}'ments represenis a const￿t proportion of (he capital balance outstanding and is charged to the sr*rement ¢)F financial acuvitiC5 ovcr the pcriot (tom tax#ttL)n in respect of income or cai)ital gains Mithin categories covered by Chapter .3 of Patt I l olthe Corporation Tax Act 20IO nr se.ction 256 of thc TRX%tion of C.hxrgcable. CJRLn5 Ilct 1992, 10 Lhe exrent thAt such in¢ome or gain￿ are applied exclusively to charitable putpc)Ees. 1.11. K•y Judg•ments and estimal•s -I'herL no 2dthuonal key judgement5 or estiinates to diose detailed elbewhere m the accounts. 1.12. Flnanclal Instruments 'he compani. has elected to apply the pr<)visir)ns of Section I I 'BasLC Financial In8trument%' and Section 12 'Other Financial Instrument5 155ues' of I,'RS 102 to all of its fJnAncial insttuments. Finat]ciai instrumenis are recognised in the compan}-'s starement nf finAncial position when the comp%ny becomes pary to the cotirractull provisions c)E the inErniment. FinAniiaI assets and habiiiues are off%et. ￿th the net amounts presented in the financiil 9tatementr, when there is a legallj enfr)rceAblt right to Eet off rhc rccognised amnunt8 2nd there is an intention to sertle on a net basis or tcj reRhse tlie assf t and settle the knabiiit}' simultanetsu%ly. Basic finincia] Aqsets and liabih'tics, which include dehtofs And crcditors, arc initiallTr measured at trRnsactiorL pricc or cost including trxnsattion Co￿t4 ￿nd are subsequently carried ai amottised cust U*ing tht efFective itxtere4L method unless rhe arrangen]eni constitutes a fiijatlcing Iransactson, Ivhere the transaction is measured ar d]e prescnt i'alue of the Eurure receipt% d15counted at a market rate of interest. Financial as￿et￿ and habilities ¢l#ssifie.d as receii'able or payable wirhin one ycxr are not Amorused. 1.13. Cash and ¢•sh equivalents Casli xnd ixsh equiialents include cash iii haiid, depobiLS held at c2ll will) banks. uther bhL)rt-tenn hquid tnvesiments with original inatunues of three months or less, and bit]L oTrcrdraftg. Bank ¢)i'crdrafts are shouryj thin harrovAnxs tn current liabilities. Th• #t¢ompanying accounllng pollcles and notes fomi part of those financial statement$. East of England A9rlcultural Socl•ty (a company limlted by guarant•el Financial statements for th¢ perlod •nding 31 December 202S 25 Notes to thL financial statement% R•5uIt5 for the p•riod This is stited after charging. Ycac cnded end¢d 31 Decembet 2025 31 Decembtr 20?4 Adminisirative expense5 %txff c05rs Isce c bcloivl Estabh51llnent charges 419,241 810.671 370,987 398.765 1,229,912 J61J,752 Expendxture Staff costs Dlrect sts Support costs Depreci- atiotj ToiAI 202) Cost of Tai5ing fund8 FUndr￿SIng trddin{. c05t of goods sold aod orhet cost$ Iftv¢5rm¢nt m8na8em¢nt 7.546 2,856 2.638 ,010 20.961 28,507 23,805 23,805 7236 10,092 7,329 9,967 59,331 72.371 ch￿IlabIe activitie& 119,904 50,308 20,963 191.175 117,327 274,404 ioi 391,832 63.279 16,620 7.823 87,722 41,920 17,589 7.329 66,838 342,430 358,921 36,216 737,567 I cchrucal and edutauonal artyviti¢s lemb¢￿h1P fees CiovernAnce And Strate￿ cosis 199.559 598.887 151,292 69,770 L019,508 Total resources expended 419,241 1,014,524 249,106 146.575 1,829,446 Resources expended ate Allocated on the basis of estimated lime speijt by btaff. The ac¢ompanylnu a¢countlng polic1•* #nd Trgtw4 form p•rt of thes• Ilnanclal stat•m•nls. East of England Agrlcultural Soclety la company Ilmit•d by guaranto01 Financial statem•nts for the year endlrig 31 Dec•mber 2025 26 R•sults for th• poffiod (contlnuedj E.xpcnditurc %uppoTr costs Depreii- huon costs 2024 C()ST ()f rai%ing fundb FUnd￿sIng rrading.. co%t of g￿d5 sold and orher cost5 InN¢.£tm¢nr management 6.532 1,6(19 1()7 8,?48 8.188 14,720 24,371 ?4,371 2275 135 34,969 3.884 242 Charitable acuTriues 180.6L5 37,897 9,197 92,881 3?1,470 72,?75 2,971 623 348,742 369,?93 1?,843 730.808 r¢chnJcal and cdutautsnAI Acuviues Iembetship fees ?,9A8 84,496 414,858 -1,745 Govemance And Strate￿ cost5 128.558 263.441 33,931 2,114 428.0.14 Ttsral Ke$0￿CeS e.¥pended 370.981 70? 670 1?•311 6.101 l ?0?,069 St#ff cosis Year ended 31 DeLembet 2025 'eat ended 31 Decembcr 2024 'ages, salarie4 and expenses Socixl secutin. cosrs Other pen510n costs- def￿ed conttibution costg under new scheme 361.984 25,876 31J81 -321,946 21.063 419,241 370.987 The xboNe fwq include wages of part-time and temporan. Eull-tiine employees, $alari¢$. The monthl}. avera£e number of permanent and temporar! emplovees is made up as Eollowb.. Year ended 31 December 2025 Number 'e￿ ended 31 December 2024 Number The rnonthli. ai'erage number uf tmplolees Th• •¢¢ompanylng a¢¢ountlng poll¢l•s •nd not•s form p*rt ot th•s• flnanclal 5tat•M•rrts. East of Enoland Agrlcullural Socloty la Company Ilmit•d by guarantee) Fingn¢ial statements for the year endlng 31 D¢¢ember 2025 27 R•sults for th• p•rlod (continued) Tl)e weekly average numberof lulltime equii"2lent perinanent 2nd tempor¥. employees is rnlde up as follows.. Year ended 31 December 2025 Number l'ear elided 31 Decetnl)¢r 2024 Number Office and m%nAgement 'I'he emolunjents of l]igher-p3id emplo}'eeb Eell within the Follo￿￿ng ranges.. Yeskt ended 31 December 2025 Numbet l.ear ¢Aded 31 December 2024 Number £70,001 to £80,0111) £80.001 to £9ii,ono £90.001 t(> £lOO,OQO DuLing the year, two higher paid cmplo!fe$ 12O?4- one higher paid ernplo}?ee) p8ruopated in a defjned conrribuuon pension scherne. Contributions p2!able (o the scheme for che period were £19.a76 {2044.. OTLe member £10,107). Remuneration of Council members and Trustees Nu remunernuon ha8 been paid to (he C.haimJAn, members or fornier mcmbcrs of c.ouncil in respect OE thei duues. No remuncrauon hAS been p%id to'l ruste¢s for their duues as -frustee& and DirecLor5. Remuneration of the senior management team The seniar manyment 0£ the So¢iery is made up of senior manxgers as detAiled in the I'rustees, Report on pAgt 6. Year ended 31 December 2025 l ear ended 31 December Remuneration of the senior fflRnag¢Aienl ieam 267,506 289,710 lttcluded within the amount above is £na relating to Ihe interim CEO (2024.. £83.5801. of wlll'ch £na is paid through the pR!'roll and included in 8txff costs in respect of his tole a5 interim CEO and £nd is invoiced for his project deknv¥ry brrvices. Thg ¥¢¢omp•nylng a¢¢ountlng poll¢l•s not•s tomi p*rt of th•s• flnan¢lal •tat•m•nts. East of England Agrlcultural So¢i•ty la company Ilmlt•d by guaranl••l Flnanclal statements lor the ye3r gnding 31 Decembor 2025 28 Int•r•st and Investrnent Incom• Year ended 31 DcLember 2025 I'¢ar ended 31 December 2024 Invesiment income Listed iAs'estmeAts Bank interesr 93.786 51,312 116,132 145,098 213.i06 4. T•nglbl• fix•d ass•ts Fttehold land and building and buildings Surrouthds Office FurnitLJf¢ and fittings Shuwgt(Juttd deyelopmeni Showground equipm¢ni roial The company C05t or i-aluation ..Ir l Janua4. 2025 .4dditions DiSPCJs31s 368.908 9.6fA,910 616,388 131Jl)5 6,975 17.017.466 21,845 I2￿(￿)) 14.870 At 31 December 2025 368.908 9.664,￿fj 6,616J¥18 248J25 138.280 17,036.811 Deprec12tion .Ir l Jaouafj- 2025 Provtded In ihe penf)d Eiiminattd on Disposal 1.552 7.914.910 87,500 S,616,388 50.000 231,161 5.171 12,5(KJ) 81.242 1904 13.845,253 146,>7> 12,500) Ai 31 December 2025 1,5.12 8,001410 5,666J88 113,832 85,146 13,989,328 Net btsok Value At 31 Deeemb¢r 2025 367.356 1.661SQO 950,0(X) 14493 51J34 3,047,483 -4t 31 December 2024 367Ji6 1,750.fy)0 1.000.000 4,794 50,063 3,112,•13 UP￿ and tropliies are included under orrice fumittjre and fitur)¥ at the it15ured vzluc of £4? 413 As at 31 October 1979, and are not depreciated. All cups and truphie5 were donated to the Soaery.. and therefore the original cost i nil. There a£e 176 acres OF freehold hnd. 53 acres are hcld on a long lease. Th• a¢companylng •ccountlng polOcl•s and not•9 forni part 01 these Iln•nclal >tat•m•nts. East of England Agrlcultural 3ocl•ty la ¢ompany Ilmlt•d by guaranto8) Financial statements for the yoar ¢ndlny 31 D¢¢ember 2025 29 Flx•d ass•t Investm•nt$ a) Listed investments - at matket value 31 Dectrnber 2025 .311)L*embcr 2024 Nfdrket vdluL. bro￿Trht EoLward -Idthtiorts ai cost or transfei vzllle Proce¢ds on investments (Dccrca%el increase in cash invcstea 5,630.944 8i7,671 (871,683) 229,193 (211612) 5,532,706 13, 132.0681 303.887 25.1.739 5,633,513 j,()3LI,I)44 "srorical cosi 4,995,209 5.169.597 The investments held at the period end cali be analvsed at market value as Eollows: 31 December 2025 31 December 2025 31 DeccAiber 2024 31 December 2024 C8th deposiis Botds 2nd g4lt$ -41tem%ui'e5 UL eq￿ryT funds UK propery. Oi-ers¢as eqwp. fi￿dS 113,871 1031745 46I8?3 496}51 46.670 2,480,823 326,483 1.9.1.5.408 462 ? j6 442,-197 36.2 34.4 44.0 2.361,221 41.9 5,633,513 5,630,944 Investtnent5 that represent greater than 50/0 bi. value of the Chatity's portfolio.. 31 December 2025 31 December 2025 31 December 2024 31 December 2024 COIF Ch3Liues Jnvestsnent Fund 1,012,365 I8.￿/0 1.032.496 b) UnJi6ted investment- at cost 31 December 2025 31 December 2024 The group #nd ¢ornpany Lartd xt Upivood I'Arm 4,000 4.(J)O Th? •c¢gmp•nyln9 ac¢ounllno poll¢les and not•s torm part ol th••• Iln•n¢l•l •tat•m•nts. East of England Agwlcultural Soclety (a company limited by 9u¥rante81 FinanGial statements for the year endlng 31 December 2025 30 Investment in subsldlary ¢omp•nie5 'I'he Societ), own5 IOOQ/o OF ihe shares c>f a dorinaiit sub4idJ"3ry; lthds Cuunt4, Litnited (complnsw number 082i1920). D•btors 31 Dccembet 2025 31 T)ecembcr 2024 ,lfflounls due in less thon one }'tar.' Tradc clLI)lOIS Oilier del)iors PrepAvments aiid accrued income 1,602 28J75 35,893 65,089 8.900 22284 96.273 Creditors: amounts falling due within one year 31 Decetnber 31 December 2025 2024 'rrade credjtnrs Social ser.unrv ond other ijxes Othcr crcditor5 .4ccruxl% and deferred iAcome 278.678 7,647 19,662 29.1,385 69,824 27,417 136.424 599J72 245.310 Analysls of net assets between funds The Eund ba11ACts at 31 December 2025 are reptesented by.. Unrestricted ResttACted Fuvds Endowmeni Funds I'otal I'anwble fixed a55ets Ini'estmeiiis Nei current agsets 3.047.483 4,127.668 936,268 3.047,483 5,637,613 923,900 1,509,945 (29,638) 17,270 Total net assets 8,111.419 1,480,307 17,270 9.608.996 The aceompanyin9 accounting policles and note$ fomi part ol these financial statements. Easl of england Agrl¢ultur*l Socl8ty la compatry Ilmlt•d by guar*nto•) Flnanclal statem¢nt$ for the yoar ending 31 December 2025 31 rhe fund b212nce8 at 31 December 20?4 dre repre5enttd b},: Unrestncred fund5 Re%tncted Fuiids Endr)wnienr Funds Tntal TAngible fixed a￿SCts liivestments Nei current assets. 3,172,213 3,920.3112 1,915.461 -3,172.213 5,635.044 1,869J35 1,714,742 163,3961 17,270 I'otal net assets ),U117,976 1.651.346 1",.270 10,676.i92 10. D•6lgnat•d Fund* A designated Eund was created ftoiy) A dotiauon made bTr Stamford Young Farniers in memori, of Jake FIAnkins. a former xnember ￿'hO tragicalli. died in a ro%d traffic accidenr. The fund is to be uscd for current or former students of Brackeiihurst College, where Jake sNd}4ng agri, to develop their k￿D￿-ledge babe further it] study or whijst work￿LI in agriculture. A desI￿ated fund was creattd From dnnAtions taken at the Bedford Dinner. The fund is to be used for prui'iding transport for th¢ Kids Country programme. 31 D¢c¢mber 202? 31 Deeember 2024 Opening bi<13nce O)tcreasel ￿creas¢ in the penod JAke HAnkitts NIernoria] FvAd Kids Counrn. Trangport Flltxd 1571 3,171 (300) 1600) C105ing balance 2,271 2,571 11. Vnr•strl¢l•d funds 31 December 2025 31 December 2024 OpetJsng balgnce Deftcit Eor the period 9,007,976 (896.5i6) 9.0'8.540 (70.5641 Clo$itkg balanre 8.111.420 9,OQ7 976 Th• accomp*nylng #¢eOilntlng pollcl•8 and nol•• form pArt of th￿• finantl*l statgm•nt¥. Ea51 of England Agrlcultural Society (# company Ilmlted by guarant8al Vinanciil statcnlcrits *or the ye)G r endiny 31 Oecen?her 2025 32 12. Marshal Papworth Fund 31 Deecmbet 2025 31 Deccmbcr 2024 Qpening b#lxnce Other ￿coMe tnvestfflent Inco￿e 1,651J46 308 42,781 1,858,015 325 52.9.54 1,694,435 1.911.274 Less". Scholarships pxyable Invesmient fees lanagemenr charges hIarketing leeting and trdvel expenses AdmJ]ustrauon expenses (227579) 14,613) (28,000) 1727) {2.531) (1,625) (275.5351 16.8251 127,000) 14.6301 {5,2191 (71 1,429,360 1,591.348 Gains on Jnvestrnenls 50,947 59,998 a051llg balance Rcprcsented by.. 1,480J07 1,651,346 Investments Cash at ballk Debtors Creditors 1,509.94.fj 25.740 21 {55J99) 1,714,742 11.462 9.094 183.952) 1.480,307 1.651,346 The Luwshal Papworth Fund w25 established during 2001 b! a legail from Mt M K Papworth. The tondi.tion OF the legdC}' is thar the capitd and income ate to be used for the purpose of providing schola￿h1p￿ to cducate swdents in UK college5 olrheir choice for one year. -n)t legacy stipulates that the student is to come from a thi¥d world countfj.. 2nd their sNdies are ¢0 tssist them in the improvernent of wiculwre in their coutjtry to benefit their lellow count4Then. 13. Und•rst8ndlng Brlt13h Agriculture A L&Pltal Sum OE £15,600 is held in an Endowment Fun￿ £14,614 hal.ing been reccivcd from Understanding British Agriculture £986 having been received from the c.ambridgeshire Dinner Commitree. 'I'ht interest received each year 15 to be used to fund transport costs EOT C3mbridge5hire School/F,arffl visits. The total lund include5 accrued interest. hIovemet)ts on this lund have been included in the restricced funds column of the Staiement of Financial Actisque5 on the basts of materiah'ry. Year etsded 31 Dccembcr 2025 Year cnded 31 December 2024 Opetiing balance Decrease in Ihe petiod 17.270 17,600 (330) Closing balance 17.270 17,270 The accompanying accountlng policie$ and notes form part of these flnanclal statements. East of Enyland A9ri¢yltutal Society {a comparly Ilmited by guarantoel Flnancial statements lor the year ending 31 December 2025 33 14. R•eon¢lll8tlon of changes in resourc•s to n•t cash Inllow from operati119 actlvltl•s Year endcd 31 Decetnber Ye8r ended 31 Decctnber 202 2024 Net mrjwemttjl Ill lunds DcprecIatsf)n cliAf8e% Lcss ini'e5tmcrtl inCOmC rj2￿5 aiTr ￿￿estmentS IC)ainl 109$ on dispo$21 of fixed as%ets Decreasc in debtors Increase in trethtors (1,067,596) 146,575 (14i,098) (229,19.1) {1,033) 30,403 354.062 1277,5631 6,101 {213,5061 1303,8871 16 21,0.37 72,159 Ncl cash outflow Iroffl operating actiyjties {911,880) 1695,643) 15. Auditor5. remuneration 'I'hc auth.tors wcrc paid the followin£ remuneration durin£ the period.. Year ended 31 De¢¢mbet 2025 l'ear ended 31 December 2024 Audii services Other professioll2] seTh4res 16,250 3,890 li,375 20,140 17.284 16. Llmlt of guarantee Nlembets have agreed to contribute a tot21 of D0312024'. £723) to Lhe Sociely in the eient of them being called upon to do so. 17. P•nsion costs The £ociet! operates a dcfincd contriblition pension scheme. The Pensin￿ cost charge repregtnts the contftbiitiot]s pxiAble thc Suiiety. 211d atnnunted to £11,3111 1?024'. £"27,978). Diirin% the pcriod trvo hi8licr pAid einploi-ee (2024.. one higher paid emploJe£) participated in x defined contribuuon pension scheme. Cotitribuu¢)ns payible io the scheme f(Jr the j'ear were £19,076 (20?4.. one member £io.ioD. Th• accompanylng •¢countln9 policies and notes form part of these Ilnanclal statements. East of En9land Agrlcultural Socioty {a company limlt8d by guarantee) Flnancial Statements foi thè year ending 31 December 2025 34 18. Leasing costs Amounts char%ed to the Incotne and expcnditurt account diiring the period.. Land 31 December Other 31 Decetnber 2025 J.arAd 31 Decetnl)et Other 31 December 2024 2025 2024 Opetxiing lexse$ 11,024 3,778 11.024 4,l)30 19. Op•ratlng l•as•$ At 11 fjcccmber 2025 the Sociery had AnnuAI cnmmitmtnts under nper8Ung lea5C5 due to expire ag set Out below.. Land 31 Decetnber Othet 31 December 2025 1.8nd 31 Detember 202,1 Othcr 31 Decefnber 2025 2024 lJp to l }rcRr Berwccn l 8rtd 5 years Ok'tr S ycar 11,024 44,096 341,744 944 11,024 44,OC)6 3i2,7()8 944 20. Capital commltments and contingent liabiliti•s Ar_31 Deceml)er 20?5 the Sociery had capital commitments ()f £17.131 and nri contingent liabiLitits1311)ecetnber 2024.. £tul 2nd £ni]l. 21. Transactions wlth relat•d partl•s A5 perrnitted by the consiitution, the follo￿nE transaLtions with related partiES occurred duting rhe Trear. AclRTn White who is a Trustee of the Society is also a dtrector of Roythornes ILP who are a corporaie n)etnber OE the Suttety. DurinE the ye%r the tn]Ster￿ And Ecnior management te￿rn receii'ed £2,064 (2024.. £1,711)) for expenses iticutred in their rnles within the ch￿1[26]e cotnparji,. During the year. 6 Tru*tee5 paid annual MeMbe￿hIP %ul)scriptions to the Socicti. tota￿.￿g £150 (20?4.. 5 '1'rustees £125) No other Trustee or member 06 rhe senior managemetlt team was materiallTr interegted in In). contr2Ct ￿ryth the .£ociety durinR the }'ear. The accompanylng accountlng pollcles and notes forni PATt of these linancial statemenls. East of England Agrlcultural Soclety la ¢ompaTry limited by guarantee) firiati¢l￿l s:?tori?VMt&r for É'he yeai. a1 K)ecpinb¢ir ?02? 35 History FAST or ENGIAND AGRICULTURAL SOCIEI'Y The Showground was purchased and dcvtloped between the ye2r$ 1960 and 1966,. thc ftrst Peterborou£li Show was held in.luly 1966 under the Presidenci, of the late F.arl I'itzwilliam, Nll.'I l. Regional Show and Society -Fhe Nlust I lunc)utAble, the late larquess OE Exeter, KCMG., LL.D.. wa% President ol the Peterborough Agricultural Society in 1967 and chaired meerings that led to the formation of rhe East OF England %how in Octnber 1967. The f￿st Show (orEinised by representatives from individual neighbouring sotieties) was held in July 1968. The England AgTiiultural Suciety, was formed in 1970 bj a mL'rger of the Cambrid8,cshirc & l%le of F'ly118631, Huntingdonshirc11837) and Pcterborou8h (1797) Ilgricultu￿1 Societies. .loit]ed in 1971 by Bedfordslijre Agricultural Soueti-11801) and in 1972 by Nortliamptonshire Agricultural Socieiy (1848). -rhe Long Suiton & District Society (1837) rernains independent 2nd is affi￿ated lor Show putposes only. The Society moved to its present Slte, which now extend5 to 22() 2cres, in 1966. The 10th E#tl Fitzwilliam provided iIivaluable absislance with the sale of the old Lx%tfJeld site and ￿1th the nexotsations surrounding the Asgembly of land For d]e rcplacemenr %ite it Alwxlton. The F.arl madc 40 acres available at a peppercorn rer]t and on his death Countess Fit7Mlliitn generou51y donated this land io the Society.. A Further 53 acres ol land t5 held on a long lea%e the -Milio(i Esiate on faiourable terms. at the Insttgatiun of the Ioih Earl. The Snciery also owes a great debt to Mr R H Y'atenvorth And his family who agreed 10 sell land and release tenanted land ro allow Ihe purchase ol the Showground. Soclety and show prèsldants and deputy presldents 1968 The Rr. Hon. The Lord De RAmsey, I 21J)6 2007 9008 2009 2010 2011 2012 2013 ?014 201.5 2016 2017 2018119 202 202112022 ?023 Th• ac¢omp•nylng •¢countlng poll¢l•* and not•s ftsmi p*rt gf th9•• fln•ncl•l ¥lat•m•nt•. East of England Agrlcultural Society la company Ilmlted by guarantee) Flnancial statement5 for the year ending 31 Do¢ember 2025 37 Chairman Mr S F Roberts Vice-chairman Mr A C White C.OUNCIL Elected Members olcouncil Retir• AGM 2026 Retire AGM 2027 Retire AGM 2028 L tr J Belircns The Hon GPP Bowicr Nlr J IX'AII#c¢ MsVGBbss r R Bramley Mr A C12tkboix ,{ Davies Nlis% ],' CtRVtn Ms A GtsodRll Nls (- Donoi'an r J R PArrish C Guest Mr Nl Sly Nfr'l- K.lartiti Nlr M fvfiddleton Ivlr S F Robert Iiss Rome tr A C Kxlhite The 4¢¢tsmpanying #ccounting policie5 and notes forni part ol these financial 5tatomonts. E*st of England Agrl¢ultural Soci•ty la company Ilmlted by guarantee) F¥nanclal statements for the year endlng 31 December 2025 Honorary Life Vice-President6 Mr T B iy, Bea7Je}', lfy R C Brimlej, Mr F. A l)avie8 Nschol, Nqr S G I larris .4CtB, J￿R_￿gs, Nlr P G R I lorrell I"D, DL, Nlr M fvtartin, ML r D Re}nolds OBE. DL Mr.{ H ￿d(lIngtOn JP, DL FIL4gS, Nfr A J Sharpley Honorary Vice-Presidents Mcsdatnes D Hendry, A Ilotrell, R I•alley, C. W&itsed ,iIes%r5 Nl R lJ%rbEr, J Clayton, R l)icks..4 11 Duberly KCI'O. CBL, R E Gee, S M Gern]an, J D Goodcliill R Hemmxnt, Dr G HoEfman. C A Horrell, J F Hc)! FRIC.S, IMC., C. N Joncs, B IV Long, R Nlaris, P J Lmarr. D J OrgAn, R G Parrish, ..{ F.. Pemberron DI., D Riddtngron OBF., DL. J E Scott. KX, S Webb, J IS ￿.,lIk]lIS01], R E G Worboys, S J G W'orboys OFFICIALS OF THE SOCIETY AUDITORS: Azet5 X'ebtpoint LTrmeh l¥ ood Peterbo¢r)u PE? 6F£ BANKERS: SantRndtr L'.K PIC 1-4 Lvijg Causeway Peterborough PF,I IYD ADMINISTRATION: Ir D J Fiirei, IG.hief F.xecuuve OEficer) Th• *¢¢ompanylno *ccountlng pollcles and not•s fomb part rf th••• Iln•n¢l•l gt•t•m•nts. East of England Agrlcultural So¢lety (* Company Ilmlted by gy•rant••l Financial statements for the year ¢ndl#9 31 December 2025 39 SOCIETY COMMITTEES (as at the daic ihe report was approved) Cknim£7ll ¢7Nd Vi6¥-Cknirmdn OfCo￿l¢¥I1zr1 ex ofji(io ofall Cornmittees SOCII,'TY BOARD Chdiiman.. Mr % I,. Roberts. ITice ChAirman: Mr A C KTrhAte Ihe Hon. C7 P P Bo￿￿er hlrs V G Bhs." Messrs l R Crexsej. T G Footut. S P Jacob. Nl H S Sl}.- J J S .Spencer, P J Ivallace, AUDIT & RI.qK Chair.. Thqs C l)onoi"An lessrs P G R Hurrtll, I Smith, P J IVall&ce. A C IW]ite BEDFORDSHIRE Chair.. S Franklin SOCL4L hlessr% F. A DAI'ies, J Cook, A Grimes, R Iledges, f) 14unt. H NloEfat, J R Parrish. W SimLins. I) I"omkn"ns, F Kx'ootton, I. IK'ootron IN'VF.STNlP.Kr C.Iiair.. Nlr .1 14 Ridth'iigton NIesS￿ I l R Q.4rnL)Id. T Arthe}". R C Brandey, J D2v, J Ra}motJd, J J S Spencer Lhair.. Mr'f.4rthei' N15es E Cras'en, A Tol￿Send. S Halder Messrs T B W BeazleTr, N, Goodall, S C. Ilarris, J R Parrish, R Parrish, C D Rry'noldg PAPII:ORTH NTOMtN.ITTONS Nlessrs S I,. Robert5, M 14 S Sl}, P J Iy'zllace PAST C,HIllRfyfF.N legsrs T B li. BeL7.lei-, R C. Bramlei. F. tsl Dasrye%,.% CT Elarris, P CJ R Hotrcll. Nl Nfartin. C. D Rcyliolds, D Rei?nolds, Il I l RiddJ"ngtun, Il J Sharple}' SCHOT AIRS Chair.. T%lr R IVJI￿.n￿ts￿ Ises .4 GofJdall, A Kome Nlessrs T Axtliey. T fvltirtin Th? •¢comp•nylng accountlng poli¢i•s *nd rbOt•¥ ft>rni part ol th•$• flnancl•l slat•m•nt•.