Charity registration number: 298415
## The Poultry Club
Annual Report and Financial Statements for the Year Ended 31 March 2025
## **The Poultry Club**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Statement of Trustees' Responsibilities|2|
|Independent Examiner's Report|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6 to 16|
## **The Poultry Club**
## **Reference and Administrative Details**
**Chairman** Mr Colin Booth **Trustees** Mr Alexander James Young Mr Paul Kerfoot Mr Jonathan Michael Grubb Mr David Pannell Mr Tom Davis Mr Colin Booth Dr Karen Griffiths Mrs Claire Flower Mrs Linda Kathleen Law Ms Emma Checkley **Charity Registration Number** 298415 **Principal Office** Commons Farm Rawcliffe Bridge Goole DN14 8SP **Accountant** TyneRede Accountancy Ltd Lloyds Bank House Bellingham Hexham Northumberland NE48 2AZ **Bankers** National Westminster Bank PLC Boston Branch 10 Market Place Lincolnshire PE21 6EJ
Page 1
## **The Poultry Club**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the trustees of the charity on 8th November 2025 and signed on its behalf by:
Colin Booth Chairman
Page 2
## **The Poultry Club**
## **Independent Examiner's Report to the trustees of The Poultry Club**
I report to the trustees on my examination of the accounts of The Poultry Club for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of The Poultry Club you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the The Poultry Club's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of The Poultry Club as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Christopher Gillie FCCA TyneRede Accountancy Limited
Lloyds Bank House Bellingham Hexham Northumberland NE48 2AZ
8 November 2025
Page 3
## **The Poultry Club**
## **Statement of Financial Activities for the Year Ended 31 March 2025**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investment income
5
Total Income
**Expenditure on:**
Raising funds
Charitable activities
Gain/(loss) on programme related investments
Total Expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
18|**Unrestricted**
**£**
2,419
48,192
6,485
3,656
60,752
(4,699)
(63,015)
7,616
(60,098)
654
404,205
404,859|**Total**
**2025**
**£**
2,419
48,192
6,485
3,656
60,752
(4,699)
(63,015)
7,616
(60,098)
654
404,205
404,859|**Total**
**2024**
**£**
6,915
27,150
9,076
3,241|
|---|---|---|---|
||||46,382|
||||(3,581)
(41,098)
2,813|
||||(41,866)|
||||4,516
399,689|
||||404,205|
The movement in funds before and after gains and losses on programme related investments are disclosed below:
- Fund movement before gain/(loss) on programme related investments (£6,962) (2024 £1,703).
- Fund movement after gain/(loss) on programme related investments £654 (2024 £4,516).
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2025 and 2024 are shown in note 18.
The notes on pages 6 to 16 form an integral part of these financial statements. Page 4
## **The Poultry Club**
## **(Registration number: 298415) Balance Sheet as at 31 March 2025**
|**Note**
**Fixed assets**
Tangible assets
11
Investments
12
**Current assets**
Stocks
13
Debtors
14
Cash at bank and in hand
15
**Creditors: Amounts falling due within one year**
16
**Net current assets**
**Net assets**
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted
18
**Total funds**
19|**2025**
**£**
163,028
60,814
223,842
12,585
9,685
172,565
194,835
(13,818)
181,017
404,859
404,859
404,859|**2024**
**£**
163,713
53,198|
|---|---|---|
|||216,911|
|||13,656
8,384
178,804|
|||200,844
(13,550)|
|||187,294|
|||404,205|
|||404,205|
|||404,205|
The financial statement on pages 4 to 14 were approved by the tustees, and authorised for issue 8th November 2025 and signed on their behalf by:
Colin Booth Chairman
The notes on pages 6 to 16 form an integral part of these financial statements. Page 5
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **1 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Basis of preparation**
The Poultry Club meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. All figures are quoted in sterling and there are no overseas currency conversions.
## **Exemption from preparing a cash flow statement**
The charity adopts Bulletin 1 (February 2016) and have therefore not included a cash flow statement in these financial statements.
## **Reserves**
Sufficient reserves exist to ensure that any liability that may occur in the following 12 months may be met. At 31st March 2025 the trustees consider that £70,000 is sufficient.
## **Changes in accounting policy**
Trophy valuation is to be carried out on a historical cost basis due to uncertainty in market valuations and the lack of deemed benefit by the board of trustees. Comparitives have been restated to reflect a consistent treatment.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## _**Investment income**_
Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.
## **Expenditure**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to any given category. Costs not yet invoiced, but where goods or services have been provided, are included where the amount owed can be estimated reliably. Where timing of costs are uncertain, amounts are classified as a provision.
Page 6
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## _**Raising funds**_
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The Poultry Club of Great Britain is a charity within the meaning of Paragraph 1 Schedule 6 Finance Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992,to the extent that such income or gains are applied exclusively for charitable purposes. No tax charge arose in the period.
## **Tangible fixed assets**
Individual fixed assets costing £100.00 or more are initially recorded at cost.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Website|20% straight line basis|
|Office equipment|25% straight line basis|
|Equipment|25% reducing balance|
## **Impairment of fixed assets**
Trophies are held at historical cost value.
## **Fixed asset investments**
Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.
Page 7
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **Leases**
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the surplus or deficit on a straight-line basis over the period of the lease.
## **Stock**
Stocks are valued at the lower of cost and net realisable value.
## **Trade debtors**
Debtors are amounts due from customers and members for merchandise sold, services provided and subscriptions occuring in the ordinary course of the charity's activities.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of the charity from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 8
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
## _**Fair value measurement**_
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Gift aid reclaimed|**Unrestricted**
**funds**
**General**
**£**
2,419
-
2,419|**Total**
**2025**
**£**
2,419
-
2,419|**Total**
**2024**
**£**
3,755
3,160|
|---|---|---|---|
||||6,915|
## **3 Income from charitable activities**
## **Unrestricted**
|Subscriptions
National Show/Egg Show income|**General**
**£**
23,727
24,465
48,192|**Total**
**2025**
**£**
23,727
24,465
48,192|**Total**
**2024**
**£**
21,482
5,668|
|---|---|---|---|
||||27,150|
Page 9
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **4 Income from other trading activities**
|Trading income;
Judging tests
Ringing scheme
Sales of merchandise
Sale of British Poultry Standards
Royalties
Advertising and sponsorship income
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**General**
**£**
28
6,276
121
60
-
-
6,485
**Unrestricted**
**General**
**£**
3,656|**Total**
**2025**
**£**
28
6,276
121
60
-
-
6,485
**Total**
**2025**
**£**
3,656|**Total**
**2024**
**£**
25
5,543
56
60
62
3,330|
|---|---|---|---|
||||9,076|
||||**Total**
**2024**
**£**
3,241|
Page 10
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **6 Expenditure on raising funds**
## **a) Costs of trading activities**
## **Unrestricted**
||**Unrestricted**|||
|---|---|---|---|
|Opening stock
Ringing scheme
Merchandise (incl standards book)
Closing stock|**General**
**£**
7,871
3,628
-
(6,800)
4,699|**Total**
**2025**
**£**
7,871
3,628
-
(6,800)
4,699|**Total**
**2024**
**£**
7,871
3,420
161
(7,871)|
||||3,581|
## **7 Expenditure on charitable activities**
## **Unrestricted**
|Staff costs
Trustee training
Trustees expenses
Secretary's expenses
Insurance
Rosettes, awards and prize cards
European entente and memberships
Postage expenses
Telephone and fax
Computer and website costs
Printing and stationery
Room hire and meeting costs
National Show/Egg Show expenditure
Sundry expenses
Advertising and promotional expenses
Accountancy fees
Legal and professional fees
Bad debts written off
Bank charges
Depreciation (incl website)|**General**
**£**
13,151
719
4,123
427
2,019
1,969
215
1,332
401
387
341
2,106
24,309
450
6,247
1,860
400
-
1,874
685
63,015|**Total**
**2025**
**£**
13,151
719
4,123
427
2,019
1,969
215
1,332
401
387
341
2,106
24,309
450
6,247
1,860
400
-
1,874
685
63,015|**Total**
**2024**
**£**
14,154
-
3,882
446
2,294
486
179
3,225
348
226
5,359
83
3,194
687
480
2,148
-
1,771
1,413
723|
|---|---|---|---|
||||41,098|
Page 11
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **8 Trustees remuneration and expenses**
During the year the charity made the following transactions with trustees:
Expenses totalling £4,123 were paid to the trustees this year.
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year. However P Wilson received royalties from the publishers of Standards Books.
## **9 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries|**2025**
**£**
13,151|**2024**
**£**
14,154|
|---|---|---|
No employee received emoluments of more than £60,000 during the year
## **10 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 12
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **11 Tangible fixed assets**
|**Cost**
At 1 April 2024
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024|**Equipment**
**£**
6,288
6,288
5,854
108
5,962
326
434|**Office**
**equipment**
**£**
3,627
3,627
3,050
577
3,627
-
577|**Trophies**
**£**
162,702
162,702
-
-
-
162,702
162,702|**Website**
**£**
11,982
11,982
11,982
-
11,982
-
-|**Total**
**£**
184,599|
|---|---|---|---|---|---|
||||||184,599|
||||||20,886
685|
||||||21,571|
||||||163,028|
||||||163,713|
Page 13
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **12 Fixed asset investments**
|**12 Fixed asset investments**||||||
|---|---|---|---|---|---|
|Investments
**Other investments**
**Cost or Valuation**
At 1 April 2024
Revaluation
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024
**13 Stock**
Stocks
**14 Debtors**
Trade debtors
Prepayments
Other debtors
**15 Cash and cash equivalents**
Cash on hand
Cash at bank
Short-term deposits|||**2025**
**£**
60,814
**Listed**
**investments**
**£**
53,198
7,616||**2024**
**£**
53,198|
||||||**Total**
**£**
53,198
7,616
60,814
60,814
53,198
**2024**
**£**
13,656|
||||60,814|||
||||60,814|||
||||53,198|||
||||**2025**
**£**
12,585
**2025**
**£**
1,070
4,613
4,002
9,685
**2025**
**£**
75
86,120
86,370
172,565|||
||||||**2024**
**£**
236
4,146
4,002|
||||||8,384|
||||||**2024**
**£**
75
95,057
83,672|
||||||178,804|
Page 14
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **16 Creditors: amounts falling due within one year**
|**16 Creditors: amounts falling due within one year**|||
|---|---|---|
|Trade creditors
Other taxation and social security
Other creditors
Accruals|**2025**
**£**
(100)
625
65
13,228
13,818|**2024**
**£**
(284)
532
74
13,228|
|||13,550|
## **17 Pension and other schemes**
## **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £317 (2024: £208)
## **18 Funds**
|**Unrestricted**
General
**Unrestricted**
General|**Balance at 1**
**April 2024**
**£**
404,205
**Balance at 1**
**April 2023**
**£**
399,689|**Incoming**
**resources**
**£**
60,752
**Incoming**
**resources**
**£**
46,382|**Resources**
**expended**
**£**
(60,098)
**Resources**
**expended**
**£**
(41,866)|**Balance at 31**
**March 2025**
**£**
404,859|
|---|---|---|---|---|
|||||**Balance at 31**
**March 2024**
**£**
404,205|
Page 15
## **The Poultry Club**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **19 Analysis of net assets between funds**
|**19 Analysis of net assets between funds**|||
|---|---|---|
|Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
163,028
60,814
194,835
(13,818)
404,859
**Unrestricted**
**funds**
**General**
**£**
163,713
53,198
200,844
(13,550)
404,205|**Total funds at**
**31 March**
**2025**
**£**
163,028
60,814
194,835
(13,818)|
|||404,859|
|||**Total funds at**
**31 March**
**2024**
**£**
163,713
53,198
200,844
(13,550)|
|||404,205|
Page 16
## **The Poultry Club**
## **Statement of Financial Activities by fund for the Year Ended 31 March 2025**
|**Income and Endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investment income
Total income
**Expenditure on:**
Raising funds
Charitable activities
Gain/(loss) on programme related investments
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Total**
**Unrestricted**
**funds**
**2025**
**£**
2,419
48,192
6,485
3,656
60,752
(4,699)
(63,015)
7,616
(60,098)
654
654
404,205
404,859|**Unrestricted**
**funds**
**2024**
**£**
6,915
27,150
9,076
3,241|
|---|---|---|
|||46,382|
|||(3,581)
(41,098)
2,813|
|||(41,866)|
|||4,516|
|||4,516
399,689|
|||404,205|
This page does not form part of the statutory financial statements. Page 17
## **The Poultry Club**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025**
|**_Donations and legacies_**
Sundry income and donations
Gift Aid tax reclaimed
**_Charitable activities_**
Subscriptions
National Show/Egg Show income
**_Other trading activities_**
Judging tests
Ringing scheme
Sales of merchandise
Sale of British Poultry Standards
Royalties
Advertising and sponsorship income
**_Investment income_**
Interest on cash deposits
**_Raising funds_**
Opening stock
Ringing scheme
Merchandise (incl standards book)
Closing stock|**Total**
**2025**
**£**
2,419
-
2,419
23,727
24,465
48,192
28
6,276
121
60
-
-
6,485
3,656
3,656
(7,871)
(3,628)
-
6,800
(4,699)|**Total**
**2024**
**£**
3,755
3,160|
|---|---|---|
|||6,915|
|||21,482
5,668|
|||27,150|
|||25
5,543
56
60
62
3,330|
|||9,076|
|||3,241|
|||3,241|
|||(7,871)
(3,420)
(161)
7,871|
|||(3,581)|
This page does not form part of the statutory financial statements. Page 18
## **The Poultry Club**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2025**
|**_Charitable activities_**
Trustee training
Trustees expenses
Secretary's expenses
Insurance
Rosettes, awards and prize cards
European entente and memberships
Postage expenses
Telephone and fax
Computer and website costs
Printing and stationery
Room hire and meeting costs
National Show/Egg Show expenditure
Sundry expenses
Advertising and promotional expenses
Accountancy fees
Legal and professional fees
Bad debts written off
Bank charges
Depreciation (incl website)
Staff costs
**_Other expenditure_**
Gain/(loss) on programme related investments|**Total**
**2025**
**£**
(719)
(4,123)
(427)
(2,019)
(1,969)
(215)
(1,332)
(401)
(387)
(341)
(2,106)
(24,309)
(450)
(6,247)
(1,860)
(400)
-
(1,874)
(685)
(13,151)
(63,015)
7,616
7,616|**Total**
**2024**
**£**
-
(3,882)
(446)
(2,294)
(486)
(179)
(3,225)
(348)
(226)
(5,359)
(83)
(3,194)
(687)
(480)
(2,148)
-
(1,771)
(1,413)
(723)
(14,154)|
|---|---|---|
|||(41,098)|
|||2,813|
|||2,813|
This page does not form part of the statutory financial statements. Page 19