2023-12-31-accounts - Hertfordshire Agricultural Society

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		`Hota`	`A` `“ntgeirioted`	`Regeiciad`	`Year` `ended31`	`16months` `ended31`
					`Dec2023`	`Dec2022`
`IncomeandExpenditure`			`£`	`£`	`£`	`£`
`INCOME:`
`Donationsandlegacies`		`3`	`55,703`		`55,703`	`56,860`
`Incomefromcharitableactivities`		`4`
`Show` `Othertradingactivities` `Investmentincome`	`:`	`5`	`445,474` `138,295` `315`		`445,474` `138,295` `315`	`389,701` `175,858` `298`
`TotalIncome`			`639,787`		`639,787`	`622,717`
`EXPENDITURE:`
`Raisingfunds`		`6`	`286,511`		`286,511`	`304,273`
`Expenditureoncharitableactivities`
`Show` `Schools` `Governancecosts`		`7` `7` `8`	`342,381` `19,729` `8,565`		`342,381` `19,729` `8,565`	`297,735` `13,819` `6,480`
`TotalExpenditure`			`657,186`		`657,186`	`622,307`
`Netincome/(expenditure)and`
`movementinfunds`			`(17,399)`		`(17,399)`	`a0`
`Reconciliationoffunds`
`Totalfundsbroughtforward`			`973,878`		`973,878`	`973,468`
`Totalfundscarriedforward`			`956,479`		`956,479`	`973,878`

	`Note`	`341Dec2023` `£`	`£`	`31Dec` `£`	`2022` `£`
`FixedAssets` `Intangibleassets` `Tangibleassets` `Investments`	`14` `12` `13`		`-` `925,949` `1` `925,950`		`1,128` `926,585` `1` `927,714`
`CurrentAssets` `Debtors`	`14`	`85,344`		`84,676`
`:` `Cashatbankandinhand`		`51,067`		`74,510`
`TotalCurrentAssets`		`136,411`		`159,186`
`Creditors:Amountsfallingduewithin` `oneyear`	`15`	`(87,549)`		`(84,689)`
`NetCurrentAssets`			`48,862`		`74,497`
`TotalAssetslessCurrent` `Liabilities`			`974,812`		`1,002,211`
`Creditors:Amountsfallingdueafter` `morethanoneyear`	`16`		`(18,333)`		`(28,333)`
`NetAssets`			`956,479`		`973,878`
`Thefundsofthecharity` `UnrestrictedFunds` `RevaluationReserve` `TotalCharityFunds`	`17/18` `17/18`		`248,906` `707,573` `956,479`		`266,305` `707,573` `973,878`

	`Note`	`2023`	`2022`
`Cashusedinoperatingactivities`		`£`	`£`
`Cashgeneratedfromoperations` `Interestpaid`	`20`	`2,876` `(2,459)`	`27,370` `(1,300)`
`Netcash usedinoperatingactivities`		`417`	`26,070`
`Cashflowsfrominvestingactivities`
`Purchaseoftangiblefixedassets` `Interestreceived`		`(14,015)` `156`	`(5,102)` `33`
`Netcashfrominvestingactivities`		`(13,859)`	`(5,069)`
`Cashflowsfromfinancingactivities`
`Bankloansreceived` `Repaymentofbankloans`		`-` `(10,001)`	`-` `(11,667)`
`Netcash fromfinancingactivities`		`(10,001)`	`(11,667)`
`Increase/ (decrease)incashandcashequivalentsintheyear`		`(23,443)`	`9,334`
`Cashandcashequivalentsatthebeginningoftheyear`		`74,510`	`65,176`
`Cashandcashequivalentsattheendoftheyear`		`51,067`	`74,510`
`Cashatbankandinhand`		`51,067`	`74,510`

	`Unrestricted` `Funds`		`Restricted` `Funds`	`2023`		`Total`	`2022`
	`£`		`£`	`£`		`£`
`Sponsorsanddonors`	`55,703`			`55,703`			`53,078`
`Grants`		`-`			`-`		`3,782`
	`55,703`			`55,703`			`56,860`

		`Unrestricted` `Funds`	`Restricted` `Funds`	`Total`	`2023`	`Total2022`	`Total2022`
	`Show`	`£`	`£`		`£`		`£`
	`Entrance& entryfees`	`445,474`		`445,474`			`389,701`
							`389,701`
	`OtherTradingActivities`
	`Memberssubscriptions`	`18,684`			`18,681`		`16,148`
	`DonationfromHertsShowground`	`119,614`		`119,614`			`159,710`
		`438,295`		`138,295`			`175,858`
		`583,769`		`583,769`		`565,559`
	`InvestmentIncome`
		`Unrestricted` `Funds`	`Restricted` `Funds`	`Total`	`2023`	`Total`	`2022`
		`£`	`£`	`E`		`£`
`Wayleaves`		`159`			`159`		`265`
`Bankinterestreceived`		`156`			`156`		`33`
		`315`			`315`		`298`

		`Unrestricted`		`Restricted`	`Total`	`Total`	`2023`		`Total2022`	`Total2022`
		`Funds`		`Funds`
		`£`		`£`		`£`				`£`
	`Staffcosts` `Subcontractlabour` `Rates,electricity,water& fuel`	`151,347` `26,020` `7,188`					`151,347` `26,020` `7,188`			`124,453` `60,213` `6,483`
	`Insurance` `Telephone` `Postage& stationery` `Showgroundmaintenance`	`9,274` `4,357` `2,775` `27,619`					`9,274` `4,357` `2,715`	`>`		`9,560` `7,348` `2,896` `29,371`
	`Legal& professional` `HRandtraining`	`1,961`	`7`				`1,961`	`-`		`70` `2,683`
	`Subscriptions` `Officeexpenses` `IT` `Depreciationandamortisation`	`3,460` `10,256` `9,998` `15,780`					`3,460` `10,320` `9,998` `15,780`			`2,153` `10,143` `14,399` `24,546`
`Bankchargesandinterest` `Travel& Subsistence` `SundryExpenses`		`8,085` `2,650` `3,239`					`8,085` `2,650` `3,150`			`9,485` `470`	`*`
	`Baddebtsprovision`	`2,502`					`2,502`
`Totalexpenditure`		`286,511`					`286,511`			`304,273`
	`Expenditureoncharitableactivities`
		`Unrestricted`		`Restricted`	`Total`	`2023`			`Total`	`2022`
		`Funds`		`Funds`
		`£`		`£`	`£`				`£`
	`CountyShow` `SchoolsFoodandFarming`	`342,381` `19,729`			`342,381` `19,729`				`297,735` `13,819`
		`362,051`			`362,051`				`311,554`
	`Expenditureongovernance`	`costs`
							`2023`			`2022`
							`£`			`&`
	`Independentexaminationfees`						`3,675`			`4,300`
	`Othernon-auditservices`						`4,890`			`5,180`
							`8,565`			`6,480`

`9.` `Netmovementinfunds`
`Thisisstatedaftercharging:`	`2023`	`2022`
	`£`	`£`
`Independentexaminationfees` `Othernon-auditservices` `Depreciation` `Amortisation`	`3,675` `4,890` `14,615` `1,129`	`1,300` `5,180` `22,287` `2,259`

	`2023`	`2022`
	`£`	`£`
`Salariesandwages`	`137,119`	`113,059`
`Socialsecuritycosts`	`7,679`	`6,854`
`Pensioncosts`	`6,549`	`4,540`
	`151,347`	`124,453`

	`2023`		`2022`
	`Number`		`Number`
`ExecutiveDirector`		`1`		`1`
`Administration`		`3`		`2`
		`4`		`3`

	`Website`
	`£`
`Cost` `At1 January2023and31December2023`	`16,618`
`Amortisation` `At1 January2023` `Chargefortheperiod` `At31December2023`	`15,491` `127` `16,618_`
`Netbookvalue`
`At31December2023`
`At31December2022`	`1,128`

	`Freeholdland` `andproperty`		`Showground` `Improvements`		`Show` `Equipment`	`Office` `Equipment`	`Total`
	`£`		`£`		`E`	`£`	`£`
`Costorvaluation`
`At1 January2023` `Additions` `At31December2023`	`900,000` `900,000`	`-`	`356,964` `356,964`	`-`	`136,513` `13,351` `149,864`	`32,010` `664` `32,674`	`1,425,487` `14,015` `1,439,502`
`Depreciation` `At1January2023` `Chargefortheperiod` `At 31December2023`	`17,333` `4,000` `21,333`		`314,491` `8,412` `322,903`		`135,877` `1,742` `137,619`	`31,201` `497` `31,698`	`498,902` `14,651` `513,553`
`Netbookvalue` `At31December2023`	`878,667`		`34,061`		`12,245`	`976`	`925,949`
`At31December2022`	`882,667`		`42,473`		`636`	`809`	`926,585`

	`Unlisted`
	`investments`
`Cost`	`£`
`At1 January2023and31December2023`	`1`
`Netbookvalue`
`At31December2023`	`1`
`At31December2022`	`1`

`Nameofundertaking`	`Registered` `office`	`Natureof` `business`	`Class` `_shares`	`of` `held`	`Direct`	`%Holding` `Indirect`
`HertsCountyShowgroundLimited`	`Englandand` `Wales`	`Lettings`	`Ordinary`		`100.00`
`14.Debtors`
				`2023`		`2022`
				`£`		`£`
`Tradedebtors` `Amountsowedbygroupundertakings` `Prepaymentsandaccruedincome` `VATreclaimable` `Otherdebtors`				`23,833` `48,055` `41,358` `740` `1,358`		`15,319` `42,947` `9,292` `353` `16,765`
				`85,344`		`84,676`
`15.Creditors:amountsfallingdue`	`withinoneyear`
				`2023`		`2022`
				`£`		`£`
`Bankloansandoverdrafts`				`10,000`		`10,000`
`Tradecreditors` `Taxationandsocialsecurity` `Othercreditors`				`39,471` `3,378` `155`		`6,723` `3,101` `1,173`
`Accrualsanddeferredincome`				`34,545`		`63,692`
				`87,549`		`84,689`

	`2023`	`2022`
	`£`	`£`
`Bankloansandoverdrafts`	`18,333`	`28,333`
	`18,333`	`28,333`

	`Balanceat`			`Balanceat`
	`4January2023`	`Income`	`Expenditure`	`31December2023`
	`£`	`£`	`£`	`£`
`Unrestricted` `funds`	`266,305`	`639,787`	`(657,186)`	`248,906`
`Revaluation` `reserve`	`707,573`	`-`	`-`	`707,573`
`Restricted`
`funds`
`Total`	`973,878`	`639,787`	`(657,186)`	`956,479`
`Analysisofmovementsincharitablefunds- prioryear`
	`Balanceat`			`Balanceat`
	`1September2021`	`Income!` `Revaluation`	`.` `Expenditure`	`31December2022`
	`£`	`£`	`£`	`£`
`Unrestricted` `funds`	`265,895`	`619,717`	`(619,307)`	`266,305`
`Revaluation` `reserve`	`707,573`	`-`	`-`	`707,873`
`Restricted` `funds`	`-`	`3,000`	`(3,000)`		`-`
`Total`	`973,468`	`622,717`	`(622,307)`	`973,878`
`18.Analysisofrestrictedfunds`

	`Balance` `January`	`at` `2023`	`1`	`Income`		`Expenditure`		`Balance` `December`	`at31` `2023`
`SchoolsFoodFarmingand` `Day`			`-`		`a`		`-`			`-`
`Total`

	`Free` `Resdrves`	`Attributableto` `fixedassets`	`Total2023`	`Total2022`
	`£`	`£`	`£`	`£`
`Balanceatbeginningofyear`	`46,164`	`927,714`	`973,878`	`973,468`
`Netmovementinfunds`	`(15,635)`	`(1,764)`	`(17,399)`	`410`
`Balanceatendofyear`	`30,529`	`925,950`	`956,479`	`973,878`
`Analysisofnetassetmovementsinfunds- prioryear`
	`ese`	`Aemablete`	`Total2022`	`‘Total2024`
	`£`	`£`	`£E`	`£`
`Balanceatbeginningofyear`	`26,310`	`947,158`	`973,468`	`975,262`
`Netmovementinfunds`	`19,854`	`(19,444)`	`410`	`(1,794)`
`Balanceatendofyear`	`46,164`	`927,714`	`973,878`	`973,468`

	`2023`	`2022`
	`E`	`£`
`Netmovementinfunds`	`(17,399)`	`410`
`Depreciationandamortisationcharge`	`15,780`	`24,546`
`Interestreceivedshownininvestingactivities`	`(156)`	`(33)`
`Interestpaidshowninoperatingactivities`	`2,459`	`1,300`
`Decreaseinstocks`	`-`	`922`
`Decrease/ (increase)indebtors`	`(668)`	`12,535`
`Decreaseincreditors`	`2,860`	`(12,310)`
	`2,876`	`27,370`

	`Unrestricted` `Funds`	`Restricted` `Funds`	`Total` `2022`
	`£`	`£`	`£`
`IncomeandExpenditure`
`INCOME:`
`Donationsandlegacies`	`53,860`	`3,000`	`56,860`
`Incomefromcharitableactivities`
`Show` `Othertradingactivities` `Otherincome` `Investmentincome`	`389,701` `175,858` `-` `298`	`-` `-` `-` `~`	`389,701` `175,858` `-` `298`
`TotalIncome`	`619,717`	`3,000`	`622,717`
`EXPENDITURE:`
`Raisingfunds`	`304,273`	`-`	`304,273`
`Expenditureoncharitableactivities`
`Show` `Schools` `Governancecosts` `TotalExpenditure`	`297,735` `10,819` `6,480` `619,307`	`-` `3,000` `:` `3,000`	`297,735` `13,819` `6,480` `622,307`
`Netmovementinfunds`	`410`	`-`	`410`
`Reconciliationoffunds`
`Totalfundsbrought forward`	`973,468`	`-`	`973,468`
`Totalfundscarriedforward`	`973,878`	`-`	`973,878`