2024-09-30-accounts

R•glst•r•d nurn￿r. 01927330 Chty number: 292897 t)¢von County Agricullural A$$￿1•tion TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 'AE5N3ZGQ' 20

238

COMPANIES HOUSE ? Bish)p Flem

CONTEIITS Th• As￿l•ti01b and kn LrffKern. Tn•stqqs' r•port 9-12 Consolklated stst&Mntollkuncbal xtsvftlts 13 Consolklat￿l $1¢i 14 Comp•Th¥ balance 81•1 Consolithted slat•ment ol Ga¥h Ilo 16 Not¥ t• th• financial 8l•t•m• 17-31

DET￿Ls OF THE COMPAJIY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED JO SEPTEIIBER 2024 Pr•skdeni IA A Cal￿$ MBE ( Pr•$ldent Eleet HRH The PrKSS Ro Deputy Pr•sIde￿ Eltel R Ch•irman of co￿¢11 AJGvay VIEe Chalmun ol STRStevw C•unell Honorary Treaswef &r Henry 8f OL FG4 CTA HOTh￿ary Show Dlro¢tor S T R Svens Chalrman ofBo¥rd of AJ (kn Manaqement Chlef ExKutl¥e Company S¢¢r•tsry Eketed ht¢mbÈrs N A Ror&ey JATLe808ECiF s D Custan¢8 Bakef M H Ret￿r￿k M J Week85 Mr5 C L Hea%n Rotrt5 STRSle SY He￿Y Stydr￿rne 81 DL FCA CTA AJ(kny Ety Officio Company Yglst•red 019273>) Charity registew yrnlj Wesipw Ctyst St Mary EXS 1DJ Audttors B1$￿)P LLP Chartered Accourarts Chy Nyve N**ham R Tmro TR1 2DP 8ankers Nawest Bank PIC $9 Wvjh Slreei Ex81 EX4 3DL Ptye1

Devon County A9￿Ul￿val AssocFatlon TRUSTEES, REPORT FOR THE YEAR ENDED JO SEPTEIIBER 2024 The Board of TnAte95 prgsents Is tC#Jth wh the audrt8d ffinar¥i8J statements ol the D8von CfJJnty Agriujltural AssOtrat￿n (tha Assthxatonl for the yearto 30th SeM8mb8r 2024. which cornpty wlh OJFrent Stalutc￿ r￿U￿orneD1$ arJ Ihe r4Mrennts of the ¢haritablg txJmpany'$ govwning dooJNnt and the ol tho stsiemeiil (rf ftewfflrnend￿ ISORPI applicab￿ 10 charl￿$ prep4ring Iheir in lh• Firwnryal ReporbTrJ SiaNlard ap[4ra￿e UK 3nd Repu￿¢ of Irdand IFRS1(r21 leffÈ¢ts"ve l January 20191. Tr Annual tep)rt serve$ as bcth a Truskn. Jrt WKI a Llire¢ttys' ieFtht urthr compffj The Charity as a Company Limiled by Guarantee and its Obiecls The Asso¢iathTh. fourthd in 1872. 15 a regstered dwiity and a CJ)mpany linited by ￿￿te8. It 15 goverred by revised of AssrKlalw￿. ad￿Sted on 2TrJ Fe￿ary 2024, a G¢>vemance ReV￿w. The objects cl the AssOr#at￿ are lal to agvullure lin al 115 fornis iKJOirvJ but not lrnit•J to animal husbandry. a￿ujIt￿. fwestry, fcth rmdudfjon. sustsinabte ￿nd managernenl. rural crans, envlronmenlal c4Y6ervwion and all allied industrf8$1 tsthg bwtitof Ihe puNI¢ an¢ in pariKwlor Ibul noi exdusivdyl In the Cwnty ol Oevon (bl to aLfvan¢¢ e(lu¢ation and ryoftM)te research in ccmnection ￿ a9riuJiiwe and allied irwknthes. Il eL￿OrnY aTMJ wrol and to publish the resdls of sith wea¢h lor the public benefil 1¢) in pur5uarK8 Ot Ihe abLve purpose5 . to t￿k1 arKI kY(mote 51th￿. exhibrfiw confere￿e$ orJ ctsm￿tIl0ry$ ¢onrded wth 89riuJiure, the rural e￿eMY wral lile indudyig (but r￿t exdu%vetyl the De￿ts Ccrtmty Show. These tibièet5 are SLw(xt￿ and fostered by the pr¢xnoth)n and luThfj ￿lSing of the annual Devon County SI￿. Publc Benefit 15 delfvare¢J LM)th thr(Wn the Devon CtyJnly Sh)w arknj m￿Y 01 activit￿5 at the Weslpoint Cenlre. We5tkx)int Centre (Devon) LirruteJ. a ¥thc4ty wbS￿￿ary. manajes the We5tFtht ExNbnbJn Cenlre. whic. outskle the County ShTh¥ line, Is used ￿ educatJnal and chaiitabk e¥8Thts as ￿11 as concert5. ethitmlions and trade ffa￿. The of Weslptht are covenanled lo ihe Assodal?n lo eontritrMJte tthvirds its Charilab￿ acbmties. In settirrfj otiectives planning for actMt¢es. the Tnjsiees have given due co￿￿￿￿rats.￿ togelle￿ 9[Nd￿9 putrjished by th8 Chofity ￿&1￿19 to wblic tenefit. Flnancial Results authted ￿a￿al ststheTht5 for lh¥ Ass(KiatKJn ind￿ling its SUt&Lary. We5twiTrt CeThtr6 (Devon) LI￿le￿, fcw the year 8TrJed 30th sePt￿er 2024 reF￿rt c<>n￿b￿ated turrb)¥er of £2,887.357 12023.. £2.823.3961. th• Ass￿latI)n showed a suwus of £160.536 12023.. £237,453). In thè Consolidat?d St8tement ol Financial Acti¥Aties on wje 13. the 5ufF4us for the yw is shown as Ihe Nel Movement tn The surF4us weased Ihe Tot FLffids Carried Forward at 3(Xh September 2024 to£3.715.240. Review of BustnÈSS The" owal perf￿￿ ol Il year to 30th September 2024 was a swplu5 of £160.536 ¢Jo%¥n the surplus of the pievKWS yw of £237.453. A ￿ed￿bOn in the rnaryin of the CtyJnty Shthv caused by fflat￿nary Gost irKrease5 ar￿ p(￿ weather was offset by an excepti￿￿ performance from We5tFoint. Th8 venu8 hehj many suCC￿S1u1 events. iclLth"r¥J Cisney Ice and continued to alltsL1 other new buslne5s alongsR18 fv)sts"ng Farrrthis¢ fry s(tsx)L8. Ihe lntw $hcMt of Agrifesl and Ihe R￿1$10￿[ corfergnc¢. The irvease resull¢d In an moble caterry ouuel

Dworb C¢Junty 4rKultwl Assrflallon TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENOED 30 SEPTEM8ER 2024 Tho r¢s￿le￿ in irm88ed tuffther 01 £1.278.285 12023.. £1268.0771 an¢Y the w (xjnknbtsbon of Westpoiit to the As$￿￿9￿0n aC0)￿ts was £481.703 I￿23.. E427.581). The weather l¢ading up lo the show was w¢t and ¥ Ihe peri(pJ of the sts)w thwe was a wistant Ihreat of IhunderntOm￿. This ayleded advanced b￿￿r￿s. and precautiw5 for ￿ wel weather cav5ed addthonal C051S. Nevortwss. the ra￿ held ON lor maj¢yty of the >days of Iho shfmt and Ihere were Strong revenue recoipis M the gate. c￿eraD $kni ￿e¢r￿Sed to £1226.457120?3.. £1255.8171. Trade stand5 and iendered cor￿¥¢1 infxkne were up 21Y23 at £494.84912023.. £482.7001 and, whila marginalty O)wn on prior year sUPPLYt from Spo￿ rernained 9wJ. The show was not Immune lo gener inflation in the owwny is partKwlarly ¢XFwd lo inueasK#J labour (tsts. AddilioThally Ihe rtrsl of the Alktrwn pftys¢s 5htr 8nt8rtanm￿r was above Wet. The ir8Ct costs ￿re up al £1,378.909 12023.. £1,277.7671. M￿4n rl reduced tr) 8 ¢￿tr•￿tKIn to the AssociaiKm of£163.64412023." £277.741). rhe ovethead costs of njnrrfng Associall￿ of £1.0￿.7F￿7 oveased frThn the weviws year's overheads of £854.380. £203.185 01 ￿se overtwd5 relates to dÈ¥e¢iats"on 12023.. £196,525). The Asso¢iat¥)n'$ fental inc(x￿ improved to E194.013 12023". £153.7QOI thje lo new aty¢e￿nts boiVJ negollaled for coath pariry after inve5tmenls wtte made lo •Fapt som? of the latsJ on 8lt8. 2Th1 8dditional retharges to uity biNs. The cash bal￿, dthe Assorititym on ts 3Clh ofS8plw￿eIw8s£771S99. Despit• unusually hi￿ kvels of lWttrtair￿Y Ihe agil￿￿81 2nd in the widtt economy. Ihè knocialion In 3 51Yory posilK)n to invpsl in the luttF￿. TNS 1$ no Sm￿1 Ihank8 w our exceptklnal stalflhroughoul tho tyganisatscrt th¢w hord wtyk in ￿ffi￿￿times. R•MkW$ The Boarf ¢ontsnuos kn re¥w Ihe iesor¥es of the AsscdalJn. Total Cc¥￿I￿ated reserves at 30th September 2024 amwrned to £3,715.240 12023.. £3,$54.7041 of whKh £23.112 {2023.. t20.1071 #re TestrKied lo spec4fic activit￿. £3.fJJS.433 of Ihe reser¥es are represented by Ihe GrtyJp s fixed assefs in relation to the showground12023.. E3,016.4771. The obiedThfe oFthe Board and fv Coundl has been to enwre Ihat Ihere are h.quid rèserves to proted thp AsswAat1r￿ frcrn (nsofv¢ncy risk. In parliGular <arity 15 exptsed to Si9nifKant knss. in the evenl of cancemation or thsruplhx of the Devo County SlThf and it is ptL¥lerffo RtaNI reswos a9ailSt e¥￿￿￿1ty. The Boa￿ tdieves that. fuTrJ Taing and Iradir¥ advit￿S Ihe annual County Show and the Westpoint Centre. the Ass￿a￿On ¥•ill contwiue 10 bo in Ihe fulurt and be atye to maintain prudent level olr85eThes. inswbn9 in lh¢ fiJlurB olth• LNg•NSati￿. Risk The eod ol Tru$tee5 C￿1￿￿￿11Y assesses iisks durKvJ ts I￿al tryjdgeiary pr¢￿sS. A Rlsk Register is mairtained. and risk Managerr￿n1 is a regular age￿10 item ai meetin9$ or the Bwd. When Wisks are thntifd. and r( is wactic81 tts do so sy51ewffj •r*J ¢<ffjtrDl$ a￿ in to rn￿.98te them. P•gB 3

De¥￿ Courty 4ricuttwal Ass•¢l•¢h)n TRUSTEES. REPORT ICONT114UEDI FOR THE YEAR ENDED JQ SEPTEMBER 2D24 Th8 wknapal risks ￿￿de. the slabllty of the Welary fwncaal sy¥tern. ensuring the #dequaw ol pCI￿leS and procedw8s to prevert fraud. ote¢ting the hKegrity of the thysKal a55ets ofthe AswixatTh. risks of cyber-atlac and system failure.. and maintainin9 a supwitive aiKI heathy 7rtJnteers. Th8 AssorAation rnaithains pty liakn.lty n)surnn¢x o)ver to wot•¢t th8 Assotiabon from dalms for loss or compensation fG4knwr¥J injury or dama9e. T￿ BoarO also rewkirfy Considets volunte8r succession and pr(yy•s$K)n. and Ihfr red kn rlan lortr next 9enefaiksn. Thg A￿Jrt and Risk Committee guk2rfy revi￿$ the Rtsk Regi4¥. Audftors Al the forthc£ming Annual General Meeb"rrfJ. the Treaswer propose thal Ihe audrt is pul rrt to lendar the iong.standiry relationslip wih Fiernry LLP.. STRUCTURE GOVERNIJICE AND MANAGEMENT Th• Board of Truslees Th8 Board of Truslees meets reg￿rtY lo oversee the affairs ol the A$￿1?11￿n settsng r•nxJn•rarion and perf<mrte •rlaryen￿Trtsfw key pE￿n￿e1. Methr5 Qfthe Board 0fTn￿l￿e$ 8t 30th sept￿ts 2024 were: J A TLee OBE OL FIWS Mrs D Custance B&er M H RetaUid( S T R Stevens Sir Henry Stut1hokne Bt OL FCA CTA A J Gray (Chaymanl M J Weeke5 C L Heaveft•Rob¥ts Th• CounGil Al the AGM in February 2024. the Merrthrshrp adopted Ihe new aflK4es and Ir￿Mor8￿J￿mS of the Assocknetion after exl•nsN w&manr i•vi•w tor&￿tatO￿n$ with the Memb¥sh¥) and Cowol. Th• following ro￿ of lh8 CouThcd has tÉen adopted all prA¥ets mrNed to th8 Board of Trustees. The role ol th8 Cfxjrrtil is ￿ revthv and m￿l10T the Assouion'$ strateg￿$ and delwery plans tts ensur they are consistent the Obj'ects. 8ThJ Ihal major rtsks to Ihe ILw-term reputalb)n ol the Association 8r• being addr8559d by the Twslee5. to monitor Ihe p8rforrnarKe ol the Twstees and holding ft 10 ar£ount in the and managwneni of Ihe aLlmini$trabon of Ihe Assocathn and to adwse and a$￿$t the Trustees and to wovIde a lorwn for debate on strategjc mallers retatiw lo the A$S￿48110n. Such 5tratwc fflatters Shall I￿ude.. P4e4

Il•von Courty Agpicultwal A¥so¢lalion TRUSTeES' REPORT {coimiiuEDI FOR THE YEAR ENDED 30 SEPTEM8ER 2024 lal any rnattèr that would resLdf in a mairK to Ihe structure standing c4)mmitteÈsl. the charitsble 04.ects or gen8rn1 slralegic poliues of the AS￿￿latiOn.. Ibl the ¢Je¥eK)pm¢rt of8nnu81 ￿￿esS p13n51caMal spendiny ￿a￿S." Icl Ihe developrnenl of b)n9er.lerm stralegiES fcKttE AS￿￿￿.. Idl reryjests for I￿1rt on stratew w Oicy from Ihe Trusre85: and (el olher maiters of $trategic or Wicy coD¢ern that8ri5e as deteThined by Cwncl. The Tw51ee5 procu￿ that Ihe shaft be wo¥Kkd ith." la) r8guLqrrep￿s on the buswxss ￿l￿eA$S(W￿.(￿.. Ibl regular ¢ppwfvnitie$ to ask quesl#Jns of Ihe Truslees at Council meetiny5: Icl annual ￿P￿ts and accrxmts Ihe oppMunity to th'scuss contents and ask quati¢M.' Idl ￿gUlar reports on the maicf risk5 kn thè Ass01ial￿ Klenw by the Truse$ aThY how the58 are belng addre5$8d. Coun¢ll The C￿n£1 Mertw ol Ihe As￿￿481￿ the yèar eTrJ8d 30 Seplenthf 2024 wer¢ as l¢llu•YS: Those due to retwe by rolaiw. all ol aro re-ekdkn. ar8 mathed wih a.. Those due to ietire are cuNenity ineIwJib￿ for re4ec1ic￿ are marked wih." P￿siden1 President Ele Doputy Presfjdent Elecl Chairman of Courtcll Vi¢e Chairman of cou￿1 ChaiM￿n ol Btsard ol Manag MAc￿neS￿Er HRH The Royal R ￿11$ AJGrty S T R Stevens J A T Lee OBE DL FIIA9S ISucceded by A J Grny Jufy 2tr241 S T f< Sv6ns Sr Hew Slud￿1￿ Bl DL FCA CTA Honorary Show Olrector Honorary TreasU￿r JPAWwd L 8anfield M H Batting- Miss R 8enmrt GHBu$hCBDL Mrs C Campb811larnertoD Carey, Lady ¢av8 DL G T M Cherit The Lord Clinlon DL. RWBCdey J R Cumm(ng5' P C)wefvPaws Mr5 D Custance Bak•r OEP￿￿ D Darke 2024) I Parish E A Darke NQGPar H G Dart ltho rep. A6xiakn) S& Richard Peek gt~ MrsMEDaw Mrs J A P￿￿". Sir Simw Day Petwedkne2024) O Perri￿￿1 B Drake MrsJPe M Dyfflond Mrs G T Philips DL R E Elli$ Mrs C p￿M$tead Miss C Frefi¢h R Rayn¢Y MrsJMFI P Reed Mrs E A KnvJhl T K Laicc¥nbe Mrs H Lty￿ay.FYnn DL N L￿dSay-FynTh AIA Ctson Mrs F S Maunder Jwklay B M Moore C C K￿rgan P Motrts"

D•von County A9rfcul¢wa As50tltitin TRUSTEES. REPORT IC014TINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 PFJF H RetslliL E D Fur5don, HM The Lonl.Lieui•nani of Dovon J C N RobMWM-" N G Giltrt J D sco￿8 Mrs V F GLmdry J Shtyt J A Ha¢My IRg¥y¥dW20241 rsMSRW Mrs S Hammett. B Stamp" T L Hammett BrwJadiEr R S Talty￿r P Hatton Sqn Lltr L Tann81 Mrs C L Heave￿RC1)e1Is M V Try￿sen(l rigadier S P Hc#Yder G H Tully J A T Hod90 IRestyned AGM 3)241 ssAW M W Huxtabl& W A Ughjw W D Jerthin" F J V&mey J KI￿On M J Weekes P J ￿ngdC J WLliam5 P WoWgarvJ C Wise. Nominoted Counil Members Bl¢lc¥) C(4lege & Duchy C¢Jlege CLA De¥cffj Branch Dev¢rt Counly cou￿1 De¥¢2n FederatFon of Youn9 Famiern. CILts East Dev(ffi DistrKt CourKyl Exeter Qty Councn Hdswothy & Stratton AgrKultwal ASs￿la￿ Hcniton & Di5tiicl Ass￿la￿ll Mr D Evans MrJ rlHall Mf O Gri51 To be adTrrised R Ireland Mrs M Comor Kingsbimlge Agn¢￿t￿ra1 Asswail id Devon Tun a C￿ntrY Show Souety LIJ National F¥rmer5' Uruon North De¥￿ ksociabon Cehampton a Th51rict AgriuJNural Associa Twbay Council T(knEs & Disfvl Soclety Wesi Devon Cwnril MrCNati Mr R Tu¢ker MrHGOart IAi55 A Hew ro be ad%rys•d L Harvey air K Trknare W¢K)L88ry & Oi$trKt W1￿￿Ur￿l Sh Yealmpion Awcthral AsscKaabon A Carter Mr P Oa¥i5 Th• PNshl•nls of1h• Assoclatlon 2024 and 2025 Mr MKhael ca￿eS MBE DL 5eTbEd as Presidenl lor 2024. kththaBI is on• ol the UKS mst cdèbraled aTrJ acdaimed chets. a succe5slvl and Imag￿atiVe howief. è respect&J spokeyrson for Ihe hospitslty Industry. and a patron and fvndraiser rA several nalicffial and Iocai charit*s cclybmuttty ￿ganISatIOr￿. In 2018, Michad was hoTrJJr8d to be named Dewy LiBuleDanito the Lrxd Lieutenant ol Devon.

Dèvoth cO￿ty A9thttural Ass•dallon TRUSTEES. REPORT I¢ONTINiIED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Pre$ld•nt Elee¢ HRH The Wvicess RO￿ hos been K(p)sed as Presklent for2D25. Depirty Prèsid¢￿1 Elect Mr Roger Elli5 ha$ bgen proposed a5 OEputy PFe5tdenl frY202S. Mi Roger Ellis has been a kng-standry Slew3rd ef the A$sotia￿l. R¢oer began stewardiny 8t the 5￿Wgr0Un¢j as part of the Car Parks leam In 1981. He moved to the section in 1985 and jtyned the Horses arml Show C(¥nffrfttee in 1987. He becaff a Sieward th 1998 a post he served for20 years. Roger be¢ar a Mertr ol Ihe Ass¢xL81iDn in 1976 and ￿"Thed ¢Wn¢￿ In 20Ct4. Roger has served on the Horses and Show Jumplftg CoNvni1￿ s￿ce 1987 lovet ￿ y8ats}. In 2013 ￿ was to lokn Ihe Shi)w Cwwniliee he 4150 continues to play an active part. Volunt•+¥s and Staff The Devon Cwnty ShLYrt rdtos on Ihe harf work of many dedKat¢d vdunteers. 13 Chiel Sl¢wards, 21 Senior Slewards and n￿e 350 s￿ards aTrJ rntrhters. ¥1 of ¢ontinue lo gi¥e 9enÈrously IhousarKts ol hLwrs of voluntsry To this must added the work of wofassional team th the AssrKialion office. led by Lisa Moore. Clwel Exe¢JI￿e Shtrw Mana9er. The BK)ard of Trustees also recognises the inporta￿ of Ihe Westpo￿1 team as it makes 8 5ignffic8nt c0ntilbLrt￿rn lo the Associatron's fi￿ar￿e8. To the A55CtiabOrt Staff and 10 811 vduntary 5tvwanls cornrnt¢e members. cou￿1 and Ihe Bowd ol Twustees exlend vèry wwrn th8rs. STATEMENT OF TRUSTEES. RESPOMSI8ILmES The Board ol TN5tee$ Iwho atso of The Oe¥ty) c￿nty P4ripJftural ASs￿latIon for the purposes of cornpany lawl ￿ re5POrtsitAe Irx txepariNJ the report and th¢ finanoal 8talemenls in a¢xtydancè with applKablp law and United ￿rK￿dorn AccouThting Standards (Unrted Generally Accepted Accounting p￿￿e). Company law reqwes the Bowd of Tty$es kn wepore fiTrancial ststemerAs kn eath fin8nck?l yeèr. Under cA￿P￿Y Izw th? Counol mernbers not apFffjve the f￿￿ni￿al statements trnless Ihey are 5alisfied that they give a truo 4fKI lair view of Ihe slate of affairs of the charitatrle company and Ihe group and olthe Incthning resources and appkatson Of￿$(￿NceS. rndudiffj ￿ income and expenditure. of lh& grw for thai period. In preparirJ these financi81 stst¢ments, the Coun¢1 members are requiied to". 5elecl suitable acajuntiffj or•J Ihen ath Itwn ciJn8istsndy', obspNe th• mÈiw5 •nd wvxiples in tr Chities SORP IFRS 1021: Mak*i￿rnefits and acCtyJ￿ftg esllmates thal * r8asonat4e aftd pA￿en( pr•pare thtr slatements on th¢ 9￿fft9 ¢Th)cern ba$6 it 15 knappropriato io presumg that the group L￿nknue in opera1￿5￿.

11¢¥on County ￿1￿li￿ra1 AssodatloA TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED JO SEPTEIABÈR 2024 The Board of TnJstees are respOn￿L kn keewng adequaiB fecords that are suwf¢Ent to show and explain ts ¢harrfable c4ynpary an(1 Ihe group's transath"¢¥ts and dsdost ￿th rna$¢)na￿9 acojracy al any tirne Ihe ffinanaa ￿)￿(￿n ol the grwp and enaNe them fo en￿J￿ Ihal Ihe ffinancièl 5taleryw15 cL¥npty with thg Ctryanies Act 2006. &nc• the company quafir￿ as small under 58clion 383. of the Compan￿$ Ad 2006 ts Bfyad of TnJstse$ have taken advant&> ol Ihe small D)rryanies èxÈmo¥ons provh4td by 415A. The str3te9ic repjrt rewired ol rnedi￿n aThY Iwge conynBs under Tr C<Knpanies kl 2C#)6 (strath￿¢ Rwt ¥r¥J Dirert￿$ RepMI R&yuLatiffis 2013 is not r8qLed. The 8oard ol Trustees Is resFLffisth for safe￿a[dir¥j the assets of the tant0￿¢ company Ihe group ond hen￿ for tskirq reasonatk eps the weVerit￿ aTrJ detection of fr•yJ 8￿j other gularit￿. DISCLOSURE OF INFoRmATK￿ TO AUIXTOR Each ol the ptrscfis whj arè ￿ the of Trustèes at the ¥knen thk5 is appTo¥ed have confirmed Ihat.. so far as the Board of Trustees are aware. there 15 ￿ rdevant 8￿Jit ¥rfOrnat￿ of which th? 9ro(y's auditws a￿ unawe. and that the Board ol Tfttstees have 18ken al Ihe sleps Ihat ¢xghl to have been taken as Board of Trustees in fxder lo be aware ol any H￿L￿rnalIDn ne¢deLI by Ihe group's audilots Bl conne¢lK prepariro tsir rewt b)eslablth lh th8 group% aLlilow5 aware of Ihal Inform8lTrL¥I. Th$ ￿pOrt was approved by the Boord ofTrLthos on 13th Dec£ner 2024 and Sh3￿ cffi I￿tr behalf by. AJGY•y Hen iidholme BT FCA CYA Chalrman of th& Board dTru$te¢$ and Chalrnmn of CoLYKiI •r•ryTreasurer Pwje 8

D•von County Agrleuknl Associatkn N)EPENDENT AUDITORV RtP(IftTTOThE IfeMeÉRS OF DevoN COUNTY AGRICLILTURAL ASSOCIATION OPINION Wt have audlied the finwclal Sts1eft￿ts ofoevon c￿ A￿Kulll￿ A5Stithn (the'Associatx)n'l ard its $ubsidiariÈs Itht's¥oup'l fty the ￿ar end8d 30 Septembw 2024 whkh cwprise Ihe Corffjolidated statemnt cl financbal aCti￿lS int¥)me and expenrfilure ac0￿nI). Ihe Ccmsolidated balanrA sheeL Ihe pany balance sheet. the Consotsla¢ed slatement of cash and Iho related notes. Ir￿ud￿￿ a wjmfflary of 5vJnfficanl acC￿nting polities. The fina￿1￿ repytsn9 frarnewcrt Ihat been ap￿led in their preparatyon is apol￿2b[e Lqw and U￿ted KiTrJdom ACCO￿¢￿ Standards. indLdffig Reporting Slandard 102 Thè Financial RepNb'ng Starthrd aP￿a￿le in IhB UK of IU(ed IQWOM Ger￿allYAr￿d Accounbng Practlcel. In ¢h8 fina￿tial stalwnw gr• a and fair viewof Ihe stste ofts and ofth• Asswiat¥JnS 05 at 30 September 2024 and of the Group's kKomiNJ rEstyJrré$8YwJ of wswras. inclJdir¥J its ir￿¢￿$ expen¢Jiture frx Ihe >tartsp ended.. PradKs; and BASIS FoR0P￿lOP4 W• condud8d aur audit in #ccLw¥ance Ipiiem8ihThl st￿￿￿ on Audib"r¥J IUKI IISA5 IUKII and ap￿1¢8b L. Ovr resp￿$1￿11￿es wdef Ihjsa standards we fiuther described n the ￿thy$. restw$n)Ib￿esloT the audit olthE finaNtsal Staleft￿¢S se￿￿)￿ olw reFKrt. We we Independ>rtofthe acmTdèrKe wilh the eth￿￿1 rewirernents that are rde¥anlto our audrt of fin￿ClI staterneAts in the Urriied KrydLm, in¢knding th? Finanoal Reporbry Ccunol's eii4cal Stsndard. ar¥J have luffilled tyjr othw eth￿￿1 ￿sponSIbl11ties in aCcrKda￿£ w4h tr59 rewirN&nts. W LSÈv¢ thattr eyidente haveobtained is sufficleftl arnl approwats to pl￿d￿ a Ws for¢yxowtii. CONCLUSIONS RELATrIG TO GOING CONCERN In 8tbJllKNJ the fjnanoal statewtt ￿ ha¥e c¢rtxgLthd thai the Twskn, ol thts o)n¢em basls of Based oh tre have performed. have wjentifiedaty maleri81 urKertairknes relats"r¥J to events or ndjtsf)S Ihai w)thidualty( LxAl¢thfy, may cast Wn¢drthton Ihe (knjp's èr the parw¢rharilablE corTv8n￿s atAlity to t￿line as a g(wvJ tyncem fua wJd of at moth from then ￿ finantitl siatemenls are aulmrised for issue. Ow res￿￿111￿$ and lh8 resp￿*b￿ offv Tru$t¢e5 respect eorKern are desLY￿ed kn the rdevant Se￿￿Tr$ of#th5

D¢vM ¢￿￿tyAgrfCU￿Url A8s0cla INDEPENOENT AUDifoR¥ REPORT TOTHE IIEMBERS OF DEVON COUNTY AGRICULTURAL ASSOCIATION ICOIITINueoi OTHER INFORMATION The other infoimatim owises the 5r￿￿ded in the Tnt51ees' Repr1 FinarK4al Slatemenls olher than Ihe finaThc1￿ stat8m•nts arKI rAX Audors' therEon. The Tru5tg95 ?rg respm5ible lorlhe olher inf9rrnatN￿ Eortsine4 Ihe Trustees, Repryt FinwKial Slatement5. wThion on th? finanual statement5 éoe5 nol Mver ￿ other infwnatw)n aTrJ. except to Ihe extenl otherwse explicrtty slated in wr rew)rt. we do noleXp￿SS 3nyfarm ol u)ndu5iw Our re5pw%tsIity 15 to Fead Ihe olher inforrnation and. in d(xry so. 0x￿￿￿er ￿ether ts dherinformabw Is materilty irKonsY&teDI wlh tho finandal slatqments or ow krnwled9p oblain8d in cow5e of the audil. or othemsg apwar5 to be materiany mi%stated. Wwe ￿entify such matsrial IroJnslsle￿les orapparenl rnalen￿ rr￿ss￿leThr1ts. we are requi￿ lo dete1￿4n8 thebberthi% gl¥e5 rise to a rvtalerial ff¥5s1atemenl in ihe $taleF￿nts Ihemselves. If. based ( wuk we have perf￿￿d. wo Ihat Ihei• is a ffjaton￿ In￿¢ateMent of th¢5 Othor inforn4thon, ￿ are required to rewt that f4cL We have to rertyyt ￿ Il¥"s regwd. OPINION ON OTHER MATTERS PAESCRBED gYTHE COMPANIESACT 2006 In w opinKsrK based urbJ8rt￿ in the c•wse oftt% a￿1￿. the irfvrt￿ts?￿ gN¥efi ￿ Il Tru5tee5' repxilor the financial ￿TI￿r￿1th th2 finantaal 51alEmE￿5 a piepared is c0Tr5LStertwlh the finan(4a slalements. ATTERS ON WHIGH WE ARE REQUIRED TO REPORT BY EXCEPTION ln Ihe I￿￿1 ￿1)ur kr￿￿ledge and yrthsianLliry tsf the tharttable ¢Awy•r¥J its envir￿n￿nt obtained in Ihe COLtrse ofthe authL YAe I￿e Mt K1entrfd mate11￿ mv&ststements in IhÈ Tntst8es' report. We ha￿ nthrwJ to matters in com￿r￿¢S fvt2006 rerpiros us to rew1 to if. in rm the pargnt tharftabte cr￿panY has f%)1 kerrt adewale sfftknt ¥CCWlbng re￿ orr¢lur •deou8te fLY our audit hab? bn reeei¥ed frem Lanches Mtvisited by us; certain di5c105u￿5 of Trustees. reMurra￿n speufied bylaw are rrtjt Thde. or we have not recad al Ihe inlorrm1x￿ and explanats.ors reqwre f1xf￿r w¢Jl( er the Trustees not ert.ued to Fyepare ts ffin￿ siatemen15 n accrydance wth the small compan￿$ regthe and lake advantage dthe sm41 companies. xempfvMs in ptparing the TnTrses' report 8nd frcrn th8 iequirementto a Str9￿ repNt. RESPON&8ILmES OFThE TftUSTEES As ¢XFl•d Ihtr S¥tem¥ntofTn¢t¢ts' rnSwn￿lItl￿ t￿'Trust•8$ l¥h) org olso Ihe dredoT8 Ot Ihe charrtable et¥fipany fc¢tr WF•xes of ccffipany lawl are reswisi4& Ihe preparatron oflhe financi tatements and bEiry ¥tisf￿d Ihal Iheygive a fay Iry6w, and forsuch ￿teMal 85 the Trustees rcesw to on8￿ olfinanclal slalemw that are froelrc¥n mate M￿8￿8t¢mOnl. dug w fraud crf orror. prepavw the finarKial $talEmE￿. the Tnths arE re5pNwbkn for assessir4 the group Association's ablityto a5 a cwKern. d￿do5￿￿q. as appficab. mattw5 related logoiryj GonGe and using Ihe gLxn9 cOr￿M bass of acc￿l"ng ur*s5 Ihe Tru51ees either intend lo li¢•udale the group or the Page 10

Devon County A9rlcultwal As￿1•1￿0 INOÈPENOENT AUDITORS. REPORTTO THE MEMBeR5 OF DEVON couirry AGRICULTURAL ASSOCIATION {CONnNVEDI AUDITORS. RESPONSIWLmE8 FQA THE AUINTOFTHE FINANCIAL STATEIIENTS Our obieclNts are tD Ll•n reasonat4e assurance at¥)ut whetherthe ￿anL￿al stat•meThts 85 a Who￿ are fre• from materlth rrrf55tatement. wjhelhv due lo fraud or error, a￿1 to ISSU8 * Auditor8. report Ih8t inthJdes our opin￿n. Reasonab￿ 8s5urarKe 15 a Pmgh knl of aswarte. bui i% no¢ 8 guarantee that an audit conducted in accordanc¢ ISAS IIM}tfil detect a material miss12tement il exists. Misslalerywls can arise frtsm or errorand arE tA)￿dered fft8lellal rf, i￿1¥[￿u81￿ or m the aygre9ate. they could reaxffiably be •xpecl&Y lo inliuorw the dÈusions oluseFS taken ￿ Iho basts of Ih856 finarial $lal8m@nts. Irrylaibbes. fra1￿. are iratan￿$ d n¢Jipwwfk8nce wilh la5 and reguL￿￿$. We design procedwes In with our reSpDn￿t￿rfie$, ab)vg. to daw Mater￿ misst8teffrt5 Sn r85pecl cf ￿egU￿rities. incI￿ling fr8ud. The exnt to whrh ¥re capable irreWl¥rt￿. fra￿j i¥ J¢t•1￿ b¢byK. the natLYe olthE 5ectry. Cthtrof anEI the Gr¢w 4thJ Companls pf0M￿n¢&,. resutts ofow 01m￿geTh￿l Ihe c(￿r4 ￿mb￿r5. abwt their M) idenllfiraticffi ano a55essmenl of thÈ risks ofrfrogularw" anyrnatle￿ ￿ ￿le0￿(￿d having oblaThd r¥iew•d Ihe ¢>ty4> Parent d￿￿ontal oflheir pokns artl prot$￿re$ relatirwj lo.. idenIrf￿ry. 8vUatw￿ and ￿P￿.ryj and regulaih1ns nd whEth¥ they Y4ere ware ￿ aThyin5tsnces of and respondirJ lo the iisks offraud and wtther IW have kn(A￿ge c4 any acbjal. SWFded or el￿ed frJd". the ctyrtrds tstaNi$hed to mittgate risks of fraud or nont))￿onCe laws arnj arnj Ihe matters di$￿ssed aFrKrfbA the audit ergagernMI l•am reganSffj how and wttere frwd OGcur In Ihe fin¥cial staternents and any Potathal offvwd. % a result of tt$e rxwdures.w ha¥e wtsider￿ the opportyJNbps and Ihat May t￿$1￿71h1fbjhe organi$atsn tortraud Hlen1ffj￿d Ihe bKJhesl area of risk to be in relabon to ￿enUe reco9nthon. wlh 8 parb¢ular rtsk ￿ reL8t￿ to >8rnd CUt￿tt. ln c¢ffjThin Ylh a¥ audits urwjer ISA5 Iim(k we ¥¢ rewired to We id8nbf%d and oblwned an Unde￿￿A￿l￿ olth rÈwiabrffi$ Ihat ¢1 to Ihe Grwp to the Paren¢C0ry)anytyd￿Ons Vjilh and byupjakng ￿r understaThJing ofthè sector in which Ihe GrrAJp and the Parent Crynpanyoperfed in. Laws le9￿8￿On% are of direcl 5ignrficarKe lo the Groly, nthn aryj food h&gienE. r prxedur8s to respond lo risl(s fjdentfvd IThc￿ed the fc•owfft9'. viwrvJ ststem8nl ¢Jisdosures and testw io suppow doUJm8nlati￿ lo 3sses financial stst•rnents.. ènq￿￿￿ of Coun¢1 ￿￿bOr5 fflanagerreAt coDc•m¥4 aGbJal wbj potentsal lit￿JaIKjTr and daims: p•rlorrn¥ty W0￿d￿¢S to confirm material COM￿￿1￿8 th• ieq¥irrnts ofthe regulalions.. p8rlorming prwlLwes b) K4enlify anyunuxol c¥ telalh￿MPsth&t mayiThJtate ri5k5 dmatsrfal misststement du• lo ft8ud', readwkg rninules of Oirector rwtrys: and in ￿dresS￿j risk Dffraud thmthah manage¢rnl o¥wrKle clcoTrtrids. l•st•vJ ￿ #ppro￿lthes5 of 15bmatts of a tias. We also comunKated ¥ekvant Jerrtlf￿d taw5 •nd ￿￿91 fraud wks to 81 eng89emnt 18 mbers and remaned alert lo anyiNlicab"rfft5 offraud Or1￿￿¢4￿nP￿rY% with laws aThJ reguialw thmughout the 8ud Pagg11

D•von county A550cl•llo INDEPENDENT AUDITORS. REPORTTO THE ￿E1￿ls OF DEVON COUNTY AGRICULTURAL ASSOCIATION (coNT￿uED) (￿r ajdl wc<edure5 ¥ve¥e d8sb3ned lo re5F#xJ to ￿kS orma18￿ NasSlate￿nI in Ihe slaiements. recognksw Ihat Ihe risk of Trjt dete 8 mat8ri81 mtsSt8t￿nf dua to frdud is h￿h￿ than th• risk of not delediry one resulknJ an enor. as fra￿￿ wnay invdve deliberate wrKeaknent by. lor 8￿￿￿79. Iofgery. mi51epreseniat￿s or thfough c¥J[rus￿. Thwe inherent lirnitaiims in the auuit pro¢edure5 pgrformed and Ihe furtheT removed non-com￿lance Tmth arwj wegutslyts 1$ from Ihe events transac1￿ reflecled in the Afurther descripkn¢2n olour larlhe autht ￿ the fmwThl slatements i¥ thg Fin￿1#1 RoportM4 Cour￿5 websfjle at bikns. Thisde5C￿pbOTr forn￿ part of our USE OF OUR REPORT ThLs report Vs made 5delyto the A5sooatron's rymtW5. as a bth. in aCCrth￿ Chapler 3 01 Part 16 of Cornpan￿5 Ad 2006. autsitrrk has underten so thatl4E rn19h¢ State to the AssociatDn's rrernber5 those matler5 ￿ are requwed to stste lo thern in an A￿J110￿, report and for no other wlrose. To Ihe est extst pernNtted ty Lw. e do not ac¢ept or resForitlity lo an￿8 other than the aTrJ ils rn￿bers. a5 a body. OL¥ o￿tT￿￿k. forthis f8POrt or frjr Ihe own￿n5 ￿ have frmed. A￿S￿n Oliver F for and ofi btrhaff of Blshop Flmkng LLP Ch2rt•red A¢tOUfitsnts Stsbjlwy Authttys Chy Nfftri Newham Road Truro Cornw￿1 TR1 2DP {Swror ststtrttyy I￿11¢￿) Dah.. 20 ￿rte 2025 P4e 12

Devon Cwhty Agrkultyr•l Assoclall•n CONSOLIDATED STATEMENT OF FINANc￿LA¢1m￿e$ ON¢ORPORATING INCOhlE AND EXPENDITURE ACCOLIN FOR THE YEAR ENDÈD 30 SEPTEMeER 2024 R¥slrfGled Unrtstrkied fvnd¥ funds 2024 Total Totat funds 2023 2024 INCOME FROM: Donat￿$ and leg8cs ¢haritsble acmies ￿Ing Cwnty Show otheTtradw￿ adiwbes iKJudY 17.750 17,760 17.880 10,021 1.37T4 1.366.79S 1,374.922 1.2n.285 224.527 1.278,285 Z24.527 1288,077 162.517 Inves1￿nts TOTAL INCOME 27.711 18YJ.SB6 2.887.357 2,823.396 EXPENDITURE ON: RaBing l￿d5 Ch81itstAe ac¥ths indudiThJ Comty Show 341.152 341.1S2 453.796 147n 1370.892 2.385.669 2.132.147 TOTAL EXPENDfruRE 171IOM In$.821 2.$85.943 NET INCOME 12.994 (9.9891 147.542 9.989 160.$36 237.453 Transfers be￿￿ert lur¥ 14 MOVEMENT IN FUhlDS 3.1105 157.531 160.5J6 237.453 RECONCILIATION OF FUNTIS: Total fvnds bmght fonward Net mts¥emerth hrrth 20.107 15J{$97 157.531 1554.71M 160.536 3,317,251 237,4S3 TOT￿ FUNDS CASIRIED FORWARD 23.112 3.691121 3.715240 3,554.704 Tl Cor6obdai¢d S￿￿men1 Offffiand￿ arli￿5 wKk*JES al galns3TrJ l)sses retLvJnised in Ihe ￿ar. The not•5 en pag•s 17 to 31 ftym wt ofth￿ ffir￿￿al stalem•rt Pw13

Otvon Cotfftty A9ricunur•l ASS￿¥•11￿n REGISTERED NUMBER..019273 CONSOLIDATEO BALANCE SHEET AS AT 30 sepTEIIBER 2024 2024 2023 FIXED A8SETS TJ14e assots 005.433 3.016.477 3.005.4JJ 3,016,477 CURRENT ASSE7S Debtors C8sh at bank h￿d 11 259.914 995.1 112.621 1.265.917 1.255.104 1,378.538 Cr•dit¢Tr". anKunlsfalSng c 12 1428.631+1 {371.6XII NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT UABILMES 826.474 1.CK6.888 I￿31.907 4.023,3fj5 CreditCrf5". a￿jnts fantr¥J due afler Iharn Me year 13 1116.6671 1468.6611 TOT￿ NET AsseTS 715.240 3,554.704 CHARifY FUNOS RÉthded fw)ds 14 23.112 4692.128 20.107 3.534.597 14 TOTAL FUNDS 3.71534• 3.554.704 The Trustees 8dmoled9e bw reS￿￿bIrtS tor lh¥ ol Ihe ￿perI to 8¢￿unb.ty records and Fwration offinanfaal staiements. The flnart￿l staternents have been prnp¥ed *h lh¢ aPFI￿a￿e kn ert￿eS $ubi¢¢L Ihe small Comp￿￿￿ regme. d s¥nÉd Oh￿ir tthaifby.. AJGray Chaiman ofthe 8oard ofTntstees arKI Chwrman of Cr¥Jnal H8TWy udhdme BT DL FCAUA ry T￿aJIer Date.. 1 51,.2z<p The not85 on page$ 17 to 31 part ollhese ffinaKaal Stalen￿ts. Pwde 14

Devon County Pull•AAI Ass￿1•￿ REGISTERED NUMBE￿.0392735D CO%fPANY STATÉMENT OF FINANCIAL POSThKX4 FOR THE YER ENDED 30 SEPTEMBER 2024 2024 2Q23 FIXEDASSETS Taryi14e ossets In￿sIments 3,005,433 3,016,477 3.JosAys 3.016.479 CURRENT ASSEts 153.924 99&19Q 52.352 1,265.917 Ca#h at aTrJ in kn¢J 1,318.269 CredilNs'. S￿nts lath"r¥J due Wlhhi ( ar 12 1810A41} 1745.OfA)I NET CURREKf ASSETS TOTAL ASSETS LESS CURREI UABILMES 334675 573,3) 3.344101 &S8J.688 Cr¢¢tLYS". arrwnts faTrirwJ (k thr nb¥e than one 13 1116.6671 1468.66fl TOTAL NET ASSETS 3227.441 1121,027 ¢HARrrY FUNDS Re$trlctel funds Unreslricttd funds 14 23.112 3304.329 20,107 3.100.920 14 TOTAL FUNDS 3227A41 3.121.027 The 8urWu$ ltyit >¥r ftylho ASsotsati￿ y￿s£106,414 f2023- £41,929). The Tntslees th￿r re3pM%lJlilEx wlh the fewirem&)ts ollhe ith respect t• a¢¢ouAbrtg r•¢tyOs ahd wporatK)n ￿ fthane1￿ ststnerts. The f￿￿4a1 statem￿t5 have Leen prepw•J in xoydwct ¥hth the 9FwCab￿10 •nbtit5 gjbiect to tho sThaU companles rew. aThJ ￿gned on tsr behaifby. AJGFay Chaii e Board of TnAtees and Chairnian of Cc4mC41 Henry holry* BT DL FCACTA ryTvewrer Dak.. i 3 P•Je 1S

CONSOLIOATED STATEIAENT OF CASH FLOWS FOR THE YEAR ENDED JO SEPTEMBER 2024 2024 2023 ASH FLObVS FROM OPERATING ACTV4mES 16 322,018 459.￿1 CASH FLOWS FROM INVEST¥IG ACTMTES 1192,1411 (68.0811 CASH PROVIOED BY IIIVESTIMGACTMIIES 168.0811 CASH FLOWS FROII FINAMCING KTivmES RtpaYff￿nts ofbjwrthng {40D.604) 1153,2301 CASH PROVIDED BY FINANCWG Arnies 140D.6041 1153.2301 CHANGE CASH AND CASH eaL4V￿E•lTs *4ThE YE (270.nn 136S917 231590 Cash aThJ cash equfvalerts althe teg.mw ol Ihe y 1.027.327 CASH CASH EQLIVALEIITS ATTHE ENO OF THE YEAR 17 994190 1,265,917 The ncleson pages 17 to 31 fcffi olthese ffinartial stakmerts P4e 16

140TES TO THE NNAPICIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POUCIES 1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The firwLI slatements Iwe ien w8pared kn accord¥nco Charib&s SORP IFRS 1021 . Aco)unb"rwJ and RepwW by Charils.' Stslement of Recomffl￿ed PractiGe applicable to charits"e5 preparing Ihetr acccth$ in Ihe Financkgl ReFth"ry Standard appkable In the UK Repubk of Irel¥MI IFRS 1021 leffectNe 1 J•rNary 20191- (Charities SORP IFRS 10211, the Finanaa sthThJard ar¥I￿t￿e In Ihe UK of trelaTrJ {FRS 1021 and the r￿parAt$ Acl 2C¥J6. D8¥C￿ Agri￿￿31 AssLK43kn meets of • pubk ben¢fft ¢nity urJer FRS 102. Assets 8nd Ik8bilities are in￿"allY rec¢w4¥ed at hist(￿1 ojst or IransaGtKfi valx unless Olhemse slated ￿ the rdevanl accwitry The S￿Ment of ￿ar￿jaI (SOFA) aThJ B￿alKe sh881 CL¥￿[al? Ihe fir￿cIal slatem of Ih9 Group S￿l8ry undelts￿ra. The regjts of th8 sthdiary we con8dldated on a 110 bylme b35ts. The tsken of okned under se(on 408 of Ihe C¢mpon$ A¢t 21)06 has not weswied $ &ameN ofknrKlal actmues kn Ihese lknan¢ial statement$. 12 COMPANY STATUS The Association is a company linited by ￿rantee. in the event of the A%50ryalbJn beiTrJ Ywid up. ihe &th"Iity in resFd ofthe 9Jaranlee v6 knied kn £1 tr nwber of lh• As$￿10￿0n. 1J FUND ACCCXINTIIIG Genera fiJTrJs are ￿￿esIr￿ted fvrbJ5 are avalat48 for use at the dkL¥etbn of the TNst8es in fththeranc of the 98rral ObJeC￿S of the A5sooakn a￿j have Mi dasiwbBted for puwjses. Des¥Jnat¢d frjnds unrestrkw ftThl$ Ihat haw been set osJe by Ihe TA￿￿￿$ lor p¥boJLqr purposes. The ¥Jim use ol •a¢h ￿fid is s¢t fmjl in the nole$ to finanr18t statern¢nts. donor5 orwhKh have rnised by IhE A55or401ion lor parliojlar purposes. The cost5 and adnwnislwing s￿h ￿1￿$ are tharged against the speuf¢ fuTra. The aim arnl use ol each reslricled set OLrt In the notesto tho fmarKBI staterrnrts. 1.4 INCI)fyIE Al iNctyne B re¢¢wistyJ A$soria￿ has ehb¥em)I ltr Ihe inoyne. rt is probab￿ It￿ irKutiw. P•p 17

Devon Coub AwkuT¢w•f AM•¢l•tion NOTES TO THE FINANCIAL STATEMENrs FOR ThE YEAR ENOEO 30 SEPTEM8ER 2024 A¢CQUNTr4G POUCES {eonllMÉffj ExpeD¢iDJre is re¢t4nwd there is a legal LY wns1n￿lyOt￿ga1M￿ tts transfer e¢()omi¢ benefit to a tl4rd patty. * 15 wobat4e that a trarder of e¢(XK)mt b￿ffi1$ wil be re9￿￿ed k) sÈtllempnl and the amwnt of Ihe ot4galvJn be mea5wed reliy. ExpendituTe 15 das$iW by a¢bvlty. The ¢osts of each acbvity are made up ol tot ol costs a￿1 shared cosls. inclu(5ry sUPPOrt rA)515 In￿1¥8¢ ￿ UfiOertir¥J exh aclmty. fedcosts 3ttribulablq lo ¥ NJle 8¢ts￿tyar¢ allo¢ai¢d dir¢¢lly to that actiW. Shared costs contnbjte to mctt than one athity and suppyi rJ)51s whKh are not attributab￿ to a skn¥e 8cW are aFpyIi￿ed Ih05• acDvitie5 on a ba515 con5islenl wlh use of resryJrce5. Central slaff costs are athjcated the bass ol lune spent. and depreciatp)n Costs ol acbvi1￿ ￿ fijlherence of Ihe elwitys relales 10 ts costs inrajryed in re5pe¢l of 1.6 BASIS OF CONSOLIDAMOM SLJs1￿W. 1.7 TANGIBLE RXKI ASSETS AND DEPRECiATIOM F￿ehcId la￿￿ s Thot dewedad. Freew we ind￿Jed at cosl kss accumLAatsd depreoatm. As the tenanted investm8ni we i￿AtrIc8t￿e part ofthe swround buildrmjs aTrJ c4n naver ofler unreslrlcted aC￿ss. ￿ arns W cfETr market yal￿n bo meaninglul. A revivk< hvpa¥mert cla ftted asset ts ¢￿d ¢xrt11 e¥entSOT thanges in ctyoJrrlanc8s indalo that the o18ny ffixed assel may not be recoverable. Shortfalls bets￿n Ihe Carr￿n9 vaft of T￿ed assets arxJ Ihwi reL¥iverle am￿jnts we recogNsed as ryairments. lrnpainenl T8ngiNe fixed assets carried al of deprec48bM arJ any pro¥i&on for inpairm8nL DeWe￿alic￿ 15 on freehc•J ￿d. Deprec4th YO￿ded al rates ¢alLihated ¢0 write off Ihe tosl ol fixed assats, less thew eslvnated value. ihwi exFecled u58fv1 tNes on Ik¢ foUry4Jing bases.. 5.50>e¥s 5-10yes 3.5yEars d ma¢lMrnry Fixtures and fitbrys 1.1 IpifEREST AECEIVABLE Internsl on fvrbys dBposit is vKlJded Twben t￿1 am0￿ meastsr*J r￿ja￿ by ￿ Assouation.. thi5 ol thE inlrre51 or by the 1J DEBTORS Frepayn￿ts 8re ¥ah￿d at lh¢ amwni propakl net ofwry trade disco￿18 thja. P•Je 18

D•v•n COU￿ 4ricultural AJsoclatlo NOTES TO THE FINANCLAL STATEMENTS FOR THE YE￿ ENDED 30 SEPTEMBER 2024 ACCOUNTING POUCIÉS (conlirtued> 1.10 CASH AT BANK IN HAMD Cash al bank and in haThJ indudes cash and short.fenn irweslmenis a sh£t maturity oflhree Mc￿lh$ orless Irrm the data ol acyibon oropor•ng ofthe +Jgpostty aw)￿t. 1.11 u￿1￿TIEs Atr4D PROMSIONS Liabilities are rec(wi5ed there is an ct4igallM at the Ba18rKe sheet date &s a resum ol a past evert, it prf>Sab￿ that a transfer of ttonomK t￿efit wdl be required sett￿mernt. and th? amount ol the sethment Can be eslwnaled reliaw. Liat41rfies ar¢ at th¢ amount that the ASs￿allOn anticw it pay kn setle Ihe debt or the amouni it has récerrfed a5 advanc payments knr the sefvK¢s ￿ mu$1 a￿ m•xffed Jt l>esi tstimlte of IhE arnounls ￿qU￿d k) setue Ihe (l$alion. 1.12 FINANCIAL WISTRUMEIITS The knciion orty bas￿ fw4nci4 ¥15twm¢nts as deffined ffj FRS 102. The fiDani?o10550ts fr￿￿¢101 liabl￿e$ Ihe AswalK) vJ thrnosuren%nl ba515 we 85 1011 Financia assets - Irade othw deblNs arn basic financ4af ￿sI￿rnents aThJ are debl Insiwm8nts mea5uied at awtised cost. PrepayrneTrts are Tr)t finanual n5lw￿￿ts. Fmamal abilti"es . tr•Je cttditus. aciyuals and oiw (¥edAors are ffinaKlal Snstruments. and we measured al amortised cost Taxath)n aThJ sC¢N81 seujrity are noi #)duded in IP ffinanoal nstruments disclosure definilvjn. DefeThed is Th)t deemed to be a ffftaThc￿11 habililty. as tt)e tash setlemeni has akeady taken plac8 afvj Ihere is an ￿￿jati(￿ kn d8hw 88Th￿S ratrr Ihan ¢ash or another fmnckil instrumenL 1.13 PENsfoMS The Ass00a￿￿ has a defird P￿￿1ryI sth•m• open to all qrylw88s rnak•5 tsJntribubon5 ￿ Ihe of Stsff mwntts Tkn part of Ihe xherne. S￿h we charged to the tonscdidaled sialerwt offinaroal act￿11￿5 on an bass. 1.14 VAT Expendkne 15 sta￿ exduwe ofreThrable input VAT there aprlKth. 1.1STXATION Based on Is status as a ￿lered thè us• of fvnd$ lor chaiitable pwposes lh• 1.16 GOING CONCERN The r￿tsers assess wlther the use ol CC￿￿ern Is spwoprfate i.e. w￿1her Ihere are arty material uncertainb.es r8lal8d to events or coThJth"ons Ihal may cast s¥nffiLxntdoubton the atslity of Ihe Parnnt Charity lo o)nlinue as a ¢¢M)c&m. The Cwncil mernbws make Ihis assessment kn respe¢l of a perlod of al leasi Jear ftom d•t¢ ￿ outsK)r￿all￿ lor i$$u8 of tho fin￿¢￿1 $18tements Dnd hjve ¢Oh¢K￿ the Grtyjp and Pwent Chanty has adequate resources to ¢¢ntinuÈ existence for th2 foreseeable lubxe arxl there are no rnaleri* uncertainties a￿ul lh8 Gr￿p ￿ Parent Chan"tys ablty to continue as a g)iYJ concem. tlyjs they c(¥Thlinu? to adopt the g)ir¥J cthxem bass ol%¢ountw¥J in prepwing Ihe slalemeAts. P•Je 19

IIOYES TO THE FINA￿lAL STATEMEpirs FOR THEYEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POUCIES l<¢)tstintsed 1.17GOVERNMENT GRPJITS Grarts are irf1￿00 In me Slat￿nI rf Finant4 Ac*ThS On 8 ￿¢8￿a￿e basi8. The balar￿a of rne feceived for speDffic purp05e5 rbx thJiing Ihe Ferirxl is sho￿￿ rele¥ani fund5 ￿ th• Bakn¢e Sheel 2024 2023 lI￿sTP(lNTTftADING INCOIIE 1.118.285 1,268,077 WESTPOIIIT TR￿ING EXPENSES EwthiurÈ 791582 840.496 481,743 427.581 IIIVESTMENT INCOME Ilnrtstrkted lunds 2024 Totsl fvnds 24 Toial hjnds 2023 1rt8iest [8￿r¥&￿e 30.514 194.013 30.514 1M013 B,817 153.700 TOTAL 2024 224,527 224.527 162.517 TOT￿ 2 162.517 162.517

Devon County Agrfcultural Assoclatlon NOTES TO THE FINAWCW STATEMENTS FOR THE YEAR ENDEO 30 SEPTEMeER 2024 INCOME TYPE BY CHARITABLE ACTMTY 2024 2023 Th• Dffiin County Slww fe88 Show admissv)n 8nd ￿￿ets"n￿ Trade strnds and tendered cofttr¥cts spor￿r51p dcqwli 53,426 558.342 482,7OJ 118.7( 42.643 516.1$1 494,849 111514 4J,$3J 122Q457 1.255,817 Oth•r Income Unb8rsttip ino)me Awts5t RootstoGk 6&X6 11763 27,470 30,539 51,837 20,244 15,133 31.891 140,338 119.105 INCOME FROM DONATIOMS GRIJITS Totsl fvnds 2024 Tolal Jnd$ 2023 nds 24 15.750 14750 iooo 13.930 3.950 TOTAL 2024 17.79) 1T.750 17,880 TOTPL 2023 17.880 17,880 Page 21

NOTES TO THE FINANCFAL STATEMEKrs FOR THE YE￿ ENDED JO SEPTEP•lBER 2024 ANALYSIS OF EXPENDThURE BY ACTWMES Total fvnd¥ 2024 Tdal ds 2023 dlretlly 24 1.378.gJ9 I.￿.760 1385.669 2,132.147 TtsT￿ 2023 1277,767 854.380 2.132.147 Totsl lunds 2024 fund$ 2023 Slaff costs 273.657 203.185 325.549 173.66J 11.893 13.013 276,9>J 196,S25 X,754 131,731 28,954 13,426 A%sociatJn overt￿ad$ Governance 1IJQ760 854.3 NET INCOMEI(EXPENDrruRei TI¥s 15 ¥laled after thar9ry.' 2024 2023 -owned by the charitab gywj 203.185 196.525 7.975 5.850 310 Audiiofs. feftwth*ati¢)F)- audftéf sthjwdiary ooo

De¥￿ County Agrlcultwal Assocla NOTES TQ THE FINNCIAL STATEMENTS FOR THE YEAR ENDÈD 30 SEPTEMBER 2024 STAFF COSTS Grotsp 2024 Group Asoclatlon hsoclatlon 2023 2D24 2023 W8ge$ and $￿alle$ SOCI￿ security Costs 484.006 4Q873 467.773 40.LX)6 426.716 41,111 426.994 36.442 18.183 15,770 14.670 14.684 549,062 523.549 482A97 478.120 rnjstees Remwratw ts the hYaranbJWrt￿1g £￿I20r3. ENil) TAtstees eXPe￿e lor the )Ear b) £N4 {2023.. £NII There$ ￿ rethJThJancy pahThent pabd in Ihe yw a5 an￿-gratia setthm•nL This amounted lo E18.306 and ful in >ear. Group 2024 Group Ass￿[1￿•￿ A8sa¢latlon 2023 2024 2023 15 16 13 14 £60,OLYJ was: Group 2024 2023 ID the bwd £70.fy)1 . £80.W) FLW I￿ >*ar end•J 30 se￿8￿￿8T2024. keymana9wenl kw$￿re1 costs. paKI bythe thwitywere £126,X612023.. É89,8481, NIC Paga 23

Devon CountyAgrl¢thral AssocFatlo TES TO THE FINANCIL STATEMEIITS FOR THE YEAR ENOED JO SEPTEMBER 2D24 TANGIBLE FIXEDASSErs GROUP AND ASSOCIATION Frt¢hol Pl•nt and Flxtur86 and Ilttlngs T•ial COST ORVALUAT1014 Al 1 Octckner 2023 7An,412 148,700 977,912 141.461 9.107 1,592,715 192.141 (7,8001 17.100) At 30 September 2fd4 7.622,112 1,004,446 150.S61 8,777,126 OEPRECIATION Al 1 Oclo￿1 2023 4.$82.O86 IXI.452 907,301 57.219 17.800) •6,921 15.514 4576J08 2•3.185 17.100 harge for the ￿ar dlspos 4712.$311 •56,720 102,4JS s,ni,693 NET BOOK VALUE AI 30 Septhftr 2Q4 1909.$74 48.lJJ J.OOS.4J3 At 30 Se¥tsrrthr 2023 2.891.326 70.611 3.016.477 The and r1 V8bJe offreemd lar￿ and buibJirvJs kndudes 2024.. £402,56312023.. É402,5631 beiThJ Ihe cosl of larnfj. 8 nofvdewefaable asset, aoéj an amount of 2024.. É343.68212023.. t343,6821 le￿￿n9 to the cost of refurixslunent of tenanted iniestsnenl properbes. Th? lenanled prtpeib88 h8¥e Th)t been (4a$sffied as Investment ￿be$ fJJbsequv￿fy r8v&Jed lo an open market value 8$ they8￿ inextricatdy w of Ihe sWrtsJTrJ buifv5ir￿ and can never be sep¥aled or Èe w￿ded unrestricted pubk at£es& As a resLli C¢￿)C￿ has tonduded that no ms kngth open ffl•k¢t ￿ue would be meaThW. P•J• 24

Devon Ct)knnty Atyi¢uttwal As¥odatitin NOTES TO THE FINANCI•L STATEhlENTS FOR THE YEAR ENOED 30 SEPTEMBER 2tr24 to. suBsK￿4Ry The has one fLrfty own8d & ojfitr￿ sd>styJiary. Weslwint Certh IDeYoTh) knmrted (oynpany registrarti) numb8r023711741. Wes¢point Centre (Devon) Lknlled Profit & Loss Accounl fortho yur ended 30 September 2024 2024 Turmver Cosl ofsaes lexdLwJiry recharyesl 1.27&285 124&8971 1.268.077 1373.8491 Gross proft 1.031388 894228 Adminffjtrali%* expwtses retharg881 19&6051 179.9481 936.783 814,280 1455.0801 1386.6991 Profft lor hancivl y 481,703 427,S81 2024 2023 621.SSJ 1133.7521 580,730 1147,0511 LkibOkn85 Net Ass•ts 487.801 433.679 11. Group Assg¢1•11on Assoclatkln 2023 2023 2024 DUE v4rfHIN ONE YEAR Trnje debtors Olher deblor5 Prepa￿￿￿0 and accnFed w)rne 158.141 5,174 95,￿9 78.917 1.873 31.831 74•Y7 5.174 7&753 25,129 1,873 25.350 259.914 112.621 153.924 52.352 P8ge 25

D•von County Agric￿1￿￿1 A¥S￿l•tion NOTES TO THE FINANCIAL STATEIIENTS FOR THE YEAR ENOED ￿ SEPTEIA8ER 2024 12. cRED￿oR5. AMOUIITS FALLING DUE %ITniiN ONE YE Group 2024 Gro￿ A550clallon A550clallon YJ23 2024 2023 10S.924 TT.71• 154.534 26.513 105,924 154.534 18,818 520.461 8.629 Trade 4yed11￿5 Amo¢Jnts logroup ￿lertak]ry5 48,927 $4,826 8,582 127.195 Olh8r creLitws ￿Ua￿ and delerred 8.462 101.464 107.59> 428.63D 371,6SO B10M41 745.060 13. CREDITORS: AMOUIITS FALL4G DUE AFYER MC¥IE THAN ONE YEAR Grnup A%so¢la16on Asso¢l•tlon 2023 2024 2023 2024 Bank kJan5 116.667 468.661 116,K7 468.661 The ba￿( b)ans ovwdraft are s8uNad ￿ thè Ir88hdd wopgrtyd thgAssodallon. Group Assts¢klon A$50E1a￿Qn 2023 2024 2023 B•nk 100.000 152.2S5 100.000 152,265 Bank k*ns 16.667 316. 14667 316.396 Pag8 26

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTÉMBER 2024 1& STATEIIENT OF FUNDS STATEMENT OF FUNDS-CURRENr YENA Bty￿n¢e It 30 Transltrs Séptember Snlout 20Z4 8al•n£• at l Octob•r UNRESTRICTED FiIMDS DESIGNATED FUNDS Desv4hOted fixed assetknd 3.005.433 loo5.￿3 GEIIERAL FUNDS Unr8thLed funds 3.534,597 2.8,$86 11712,0441 12*14441 586,695 TOTAL UNRESTRICTEO FUNDS 3A34.597 I￿.516 {2,nz.0441 gJBg 1692.128 RESTRICTED Fifva)S FaMN￿$t FanrftMs¢ trailer ECOC CLTF Rts)t5to 13.750 18.5251 12,302 (3.9$01 8,452 4.6>9 11930 3.950 ￿.9￿) Vl.021 10,021 20.107 27.TT1 114.77TI 19.9B91 23.112 TOTAL OF FUNDS 3.554.704 1887J57 12.726.821) 1715.240 Page 27

PIOTes TO THE FIIIANCIAL STATE¥ENTS FOR THE YE￿￿ ENDED 30 SEPTEMBER 2024 14 STATEMENT OF FUNDS ICONTINUEDI STATEMeNT OF FUNDS. PIIIOR YEAR Balance at Balanc• at 1 Oth•ber 2022 September 2023 VNRESTRICTED FIMDS Ufftstritted lunds 1305.071 2005,S16 I2,575.9￿} 3.S34,597 RESTRICTEO FUNOS 19.wl 3.227 12,930 3.950 Farnw58 tr8ller EODC CLTF 7.430 12.1W) 17.880 19,9531 XS,107 TOT￿ OF HINI)S 3.317.251 2023.396 (2.585.9431 3.554.704 LknTha the Ihe tru&iees decxb2d to separaletyreport the ILYth that relale to Ihe Gre￿,$ A55ets Designated Funds. th 1$ ty1h￿ 1$ • tronstsf fvr£3.CQS.433 kntC Designated Far￿￿se is a charilable evert annUalty￿ the Shty4yrDuThJ lo educate prThwy sthtrA thiklr•n In and food rnattern. The fa¢i4lale thi5 ty providin9 lh• Holl othw f￿1￿¢$ fr¢¢ of thwge. tt Blso as5i5ted acccwtsnryseThices 3nd ts arnunts shown ar¢ IlKJse loise d eyThYed on ￿haff ot Farrvwise. ￿ bpLytr carripd frywd tslitote fijture year5 events. FaIT1￿¥s0 veNcle rdales to funds rece¥ed wrF4)sg tsf sellv¥J and F¥rmwis• a¢￿￿￿•$ frorn 8 traler. h￿￿Ver a derA$h￿ was maje dur¥￿ the Nior)Earto fvnd5 to purGhe ¥eWe ￿leY ol a traikn. The AssLwbon wrch85ed a vew éuring the curwt fjnanlièl sear. EDDC CLTF Is fvNlirtrJ to be ttsed b) wythase knstsll ￿ssi1X￿ty ewipmentto tW8faaltie5 finan4al year. Tho FwrtrAise l￿d in tha to lh8 ofa tsrvJitl8fix8d 88881. P*Je 28

NOTes TO THE FINANCIAL STATE14ENTS FOR THE YE￿ ENDED 3Q SEPTEMBER 2024 1& WIALYSIS OF NET AsS￿s BETWEEN FUNDS LYSIS OF NET ASSETS 8Ef4YEEN FUNDS. CURRENTPERIOO funds funds 2024 funds 2024 3.rJ)5,433 3,O05A33 1.231,992 1,2$5.104 1428.6301 1428.63DI 1116.667} 1116.6671 •nt ossets dii¢rs th*7hithin ont 23.112 TOTAL 23.112 3.692,128 &715.240 ANALYSIS OF NET ASSEfs BETIYEEN FUHDS. PRIOR YEAR Restricled L￿Stride funds 2tr23 Total lunds 2023

)23 TangIb￿fi¥ed assets Current assels Cftditors due Crediiors due in than )wr 3.016.477 3.016.477 1.3S9.431 1,378,538 {371.69Jl (371.8501 (468.6611 1468.661 20.107 TOTAL 20.107 3.$34.597 3,554.704 RECONCIUATION OF NET MOVEMENT IN FVMDS TO NET CASH FLOW FROIA OPERATING ACTMTIES 16. Group 2023 2024 160.538 237,453 ADJUSTMENTS FOR: Deprec4ry￿ charyes D8cr8aS8ll￿Cr?8S0j in deblcrfs 203.185 1147.2931 10S,Sg0 196.525 124,478 198.5551 WET C￿m PROVIDED BY OPERATIIIG ACTivrnES 322.018 459.9)1

County ￿￿(￿lI￿ra1 Assoualv)n NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 17. ANALYS OF ¢ASH AND CASII EQIXVALEKTS Growl Group 2023 2024 Cash kn haod 99419fy 1.265.917 TOTAL CASH AND CASH EQUIVALEIITS 9941 1.265,917 18. ANALYSIS OF ¢HJIGES IN NET DÈBT OElobBr 2023 Cash Ilows S•ptgner 2024 ¢8gh 8¢ bank and kn h Otbtdue Mttmn 15ear 1265.917 P70.727) 1154.5341 48.61 14W6611 351.994 995.190 1105,9241 fj42.n2 129￿TI 772.599 19. peNSION COMMITMENTS contrtiutiOnS pa￿tle tylhp cThryt the SLI￿￿8 wd wnr#Jn￿to ￿4. £14.67012023: £14.6841. OPERATIMG LEASE COIAIIITIIENTS Al >) Septernber2024 the th• ¢onwy to nwke fulure wmmum l•as• Group 2024 Group As$octstion Ass￿[*tion 2023 2024 2023 Not kter than 1 y 3,289 7.612 7,612 P•p 30

DOV￿ County 4ri¢uliural Associ•l• NOTES TO THE FINANCIAL STATEMEIWS FOR THE YEAR ENDED 30 SEPTEIIBER 2024 21. RELATEO p￿Ty TRANSKTIQNS tknng the yur the rEthargEd akni1¥5tralrde t(ts d£455.O&J (2023.. £386,7(K)l th¢￿d￿v￿ rent charge of £130.LW)012023. £130.0￿} lo Wesltwtcentre IDe7A>nl Lunited. DuriNJ th¥ y7J¥r Ihe Associatlon rec￿ved a paymenl Of£427.581(￿23.. £232.0571 VI•swkni cen￿ ID¢vthl Limiled under Grfl Athj. As ai Ihe ye¥ end. Ihe bal￿ owed by De￿fft c￿rt¥ ￿1￿mE￿al Assodadon to We51polnt Icwonl DrnI￿d £515.56312023.' £520.4611. Ouring the ￿ar£s,113 (2023: £3.2131 was pd to H & M Relaw M H RètdkK Tw5tee. Ks parth8r. lor the rrfstraw. Tntst¢es stsfftd as $t¢w¥¢s th¢ fe(¥8d meaf 8t a value 01£71012023.' £2,520). L￿nn9 fv J•¥, 2 {2023fJl Tnwaes recehd wze total￿ É1.15012023.. £Nfllfrorn th• shcwfor nirie5 in Ihe W4>Jdland tsiwry. &r Henrysludwm re¢eNed £1.050 and MrAndy Grayw¢6gv¢d £100. There wrre no enlry IEe5 for Ihi5 cale9rry. Duriry the >ar. 012023.. 31 TDJ51ee5 pJ enlrance fBe5 to the shtrw ontr¢ ¢osts of£Ni12023.. £3511 of fv05tockpJ recepled rrry Ml r•spedofblis of £Nil120Z3". £3071. OLThg the ￿ar. busnesses crmocted O {20YJ.. 31 Truste85 m•Je Pa￿￿•nts tr shuw srmsors the assrKaaOon lotanry £Nq12023.. £9.0001. Durkn9 Ihe yEar. purrjwses mJe from a ￿j5￿S in AJ Gray has sv4n￿rant infAJ8nc•. The 8nsaLtK)ns 8M(￿nted to £724 the sUp￿yO( rneatkn hO¥￿Ity w0v￿ed al the shw.12023.. £4288 was pJ l¢Y SUFth ollamb carcasse51 lh¢ currwt and wrparno Trustè re¢thJ any or ben8fft5 in otherthan 22. FINWIC￿L INSTRUME14TS Grtyjp 2024 GfOLry Asso¢lli¢￿ A5soelatlgn 2023 2024 2023 Fk)andl assets mÈasured ai ¥morb￿d cilsts 995.19 1,265.917 995.190 1.265,917 FtnanciBI assels afvtytis•d CO￿ cthP￿ ush ai bank & ￿ hofyj. 23. TRUSTEE REMUNERATK)N ANO EXPENSES D￿Thj Ihe year. r)0 Tru$rees recwved aryremurratKm or011￿ber￿rrt$l2023. £NILI. DuriThJ Ihe 8nded 30 SeOembBr 2024, Tr) Tiustee exFwse5 hwve te•r uKwed12023. £NII. Page 31