2022-12-31-accounts

		Page
Trustees' Report
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet
Statement ofCash Flows		10
Notes to the Financial Statements

				Mote	Unrestricted Funds	Restricted Funds	16months ended 31 Dec 2022 f	12months ended 31 Aug 2021 f
Income and Expenditure
INCOIIIIE:
Donations and legacies					53,860	3,000		69,747
Income from charitable		activities
Show					389,701		389,701	94,289
Other trading activiTies					175,858		175,858	94,887
Other income								15,000
Investment income					298		298	41
Total Income					619.717		622	336,
EXPENDITURE:
Raising funds					304,273		304,273	177,075
Expenditure on charitable			activities
Show					297,735		297,735	94,893
Schools					10,819	3,000	13,819
Governance costs					6,480		6,480	3,790
Total Expenditure					6'I9,307	3,000	622,307	275,758
Net incomei(expenditure) movement in funds			and		410		410	(1,794)
Reconciliation offunds
Total funds brought	forward				973,468		973,468	975,262
Total funds carried	forward				973,878		973,878	973,468

		Note	31 Dec f	2022	31 Aug f	2021	f
Fixed Assets Intangible assets Tangible assets Investments		11 12 13		1,128 926,585 1		3,387 943,770 1
				927,714		947,158
Current Assets
Stocks					922
Debtors		14	84,676		97,211
Cash at bank and in hand			74,510		65,176
Total Current Assets			159,186		163,309
Creditors: Amounts	falling due within				(95,332)
one year
Net Current Assets				74,497			67,977
Total Assets less Current Liabilities				1,002,211		1,015,135
Creditors: Amounts	falling due afier			(28,333)		(41,667)
more than one year
Net Assets				73,3			97,
The funds ofthe charity Unrestricted Funds		17/18		266,305			265,895
Revaluation Reserve		17/18		707,573			707,573
Total Charity Funds				73,			973,468

				Note	2022	2021f
Cash used in operating activities
Cash generated from operations					27,370	(51,921)
Interest paid					(1,300)	(1,100)
Net cash used in operating	activities				26,070	(53,021)
Cash flows from investing	activities
Purchase oftangible fixed assets					(5,102)
Interest received					33
Net cash from investing activities					(5,069)	41
Cash flows from fmancing	activities
Bank loans received						50,000
Repayment of bank loans					(11,667)
Net cash from financing activities					(11,667)	50,000
Increase/(decrease) in cash and cash equivalents			in the year		9,334	(2,980)
Cash and cash equivalents	atthe beginning	ofthe	year		65,176	68,156
Cash and cash equivalents	at the end of	the year			74,510	65,176
Cash at bank and in hand					7il,510	65,176

				Unrestricted	Restricted		Total 2022	Total 2021
				Funds	Funds
				5
Sponsors	&donors			50,078	3,000		53,078	9,753
Grants				3,782			3,782	59,994
				53,860	3,000		56,860	69,747
Grants includes		63,782 (2021:F30,937)received under the Government				furlough	scheme.
4. Income from charitable			activities
				Unrestricted	Restricted		Total 2022	Total 2021
				Funds	Funds
				8	5
Show
Entrance	8 entry fees			389,701			389,701	94,289
								94,289
Other Trading		Activities
Members	subscriptions			16,148			16,148	11,773
Donation	from	Heris Showground		159,710			159,710	83,114
				'I75,858			175,858	94,887
Other Income
Management fee								15,000
				565,559			565,559	204,176
5. Investment		income
				Unrestricted	Restdcted		Total 2022	Total 2021
				Funds	Funds
					8
Wayleaves				265			265
Bank interest received				33			33	41
				298			298	41

. Costofraising funds
	Unrestricted	Restricted	Total 2022	Total 2021
	Funds	Funds
		F
Staff costs	124,453		124,453	85,061
Subcontract labour	60,213		60,213	25,070
Rates, electricity, water 6fuel	6,483		6,483	3,481
Insurance	9,560		9,560	4,774
Telephone	7,348		7,348	5,262
Postage &stationery Showground maintenance	2,896 29,371		2,896 29,371	1,165 5,176
Legal 8 professional HR and training	70 2,683		70 2,683	35
Subscriptions	2,153		2,153	868
Ofgce expenses	10,580		10,580	14,632
IT	14,399		14,399	4,701
Depreciation and amortisation	24,546		24,546	25,125
Bank charges and interest	9,518		9,518	1,725
Total expenditure	304,273		304,273	177,075

. Expen	diture	on	charitable a	ctivities
				Unrestricted	Restncte d	Total 2022	Total 2021
				Funds	Funds
				6	6
County	Show			297,735		297,735	94,893
Schools	Food	and	Farming	10,819	3,000	13,819
				308,554	3,000	311,554	94,893

				2022	2021
				6	6
Independent	examination		fees	1,300	1,170
Other non-audit		services		5,180	2,620
				6,480	3,790

This is stated	This is stated	after charging:	after charging:	2022	2021
					E
Independent	examination		fees	1,300	1,170
Other non-audit		seniices		5,180	2,620
Depreciation				22,287	20,970
Amortisation				2,259	4,155

	2022	2021
	E	E
Salaries and wages	113,059	76,567
Social security costs	6,854	3,872
Pension costs	4,540	4,622
	i2,A	NO81

	2022	2021
	Number	Number
Executive Director
Administration

1.Intangible fixed assets
	Website
	8
Cost
At 1 September 2021 and 31 December 2022	,31
Amortisation
At 1 September 2021	13,232
Charge for the pedod	2,259
At31 December 2022
Net book value
At 31 December 2022
At 31 August 2021	3,3 1

2. Tangible fixed assets
	Freehold land and property	Showground improvements	Show Equipment	Office Equipment	Total
	f	5		8
Cost or valuation
At 1 September 2021 Additions	900,000	353,515 3,449	135,693 820	31,177 833	1,420,385 5,102
At 31 December 2022	900,000	356,964	136,513	32,010	1,425,48?
Depreciation
At 1 September 2021	12,000	300,934	134,458	29,223	478,615
Charge for the period At 31 December 2022	5,333 17,333	13,557 314,491	1,419 135,877	1,978 31,201	22,287 498,902
Net book value
At 31 December 2022	882,667	42,473	638	809	926,585
At 31 August 2021	888,000	52,581	1,235	1,954	943770

Name of undertaking	Name of undertaking	Name of undertaking		Registered	Registered	Nature of	Class	of		%Holding
				office		business	shares	held	Direct	Indirect
Herts County	Showground		Limited	England	and	Lettings	Ordinary		100.00
				Wales
14. Debtors
								2022		2021
								5		5
Trade debtors								15,319
Amounts owed by group		undertakings						42,947		87,900
Prepayments	and accrued		income					9,292		9,31'I
VAT reciaimabie								353
Other debtors								16,765
								84,676		97,211
15. Creditors:	amounts	falling due		within one year
								2022		2021
								5		5
Bank loans and overdralts								10,000		8,333
Trade creditors								6,723		4,479
Taxation and social security								3,101		7,698
Other creditors								1,173		1,281
Accruals and deferred income								63,692		73,541
								84,689		95,332

16. Creditors: amounts	falling dus after more than one year
		2022	2021
		6
Bank loans and overdraits		28,333	41,667
		28,333	41,667
Bnil (2021:r1,667)ofthe	above balance is payable after more than 5years.

		Balance at			Balance at
	1	September 2021	Income	Expenditure	31 December 2022
Unrestricted funds		265,895	619,717	(619,307)	266,305
Revaluation reserve		707,573			707,573
Restricted funds			3,000	(3,000)
Total		973,468	622,717	(622,274)	973,878

		Balance at			Balance at
	1	September 2020	incomel Revaluation	Expenditure	31August 2021
Umestricted funds		267,6as	273,964	(275,758)	265,895
Revaluation		707,573			707,573
reserve
Restricted
funds
Total		975,262	273,964	(275,758)	973,468

				Balance at 1	income	Expenditure	Balance at 31
				September			December 2022
				2021
Schools	Food	Farming	and		3,000	(3,000)
Day
Total					3,000	(3,000)

		Free Reserves	Attributable to fixed assets	Total 2022	Total 2021
		6
Balance at beginning ofyear		26,310	947,158	973,468	975,262
Net movement	in funds	19,854	(19,444)	410	(1,794)
Balance at end	ofyear	46,164	927,714	973,878	973,468

		Free Reserves	Attributable to fixed assets	Total 2021	Total 2020
		6	6	6
Baiance at beginning ofyear		2,979	972,283	975,262	847,822
Net movement	in funds	23,331	(25,125)	(1,794)	127440
Balance at end	ofyear	26,310	947,158	973,468	975,262

20. Reconciliation ofnet movement	20. Reconciliation ofnet movement	20. Reconciliation ofnet movement	20. Reconciliation ofnet movement	20. Reconciliation ofnet movement	in funds to net cash flow from operating	activities
						2022	2021
						f
Net movement in funds						410	(1,794)
Depreciation and amortisation			charge			24,546	25,125
Interest received shown		in investing			activiTies	(33)	(4'I)
Interest paid shown in	operating			activities		1,300	1,100
Decrease in stocks						922
Decrease I(increase)	in	debtors				12,535	(49,186)
Decrease in creditors						(12,310)	(27.'I25)
						27,370	(51,921)

			Unrestricted	Rsstt icted	Total
			Funds	Funds	2021
				6
Income and Expenditure
INCOME:
Donations end legacies			69,747		69,747
Income from charitable	activities
Show			94,289		94,289
Other trading activities			94,887		94,887
Other income			15,000		15,000
Investment income			41		41
Total Income			3 3		3336
EXPENDITURE:
Raising funds			177,075		177,075
Expenditure on charitable		activrties
Show			94,893		94,893
Governance costs			3790		3790
Total Expenditure			275,758		275,758
Net movement in funds			(1,794)		(1,794)
Reconciliation offunds
Total funds brought forward			975,262		975,262
Total funds carried forward			973,468		973,468