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2022-09-30-accounts

B•dlord$hlre Fedpration ofYwrvJ Farmors Clubs F1144JICIAL STATEMENTS Yw •nd•d 30 Strpt•mbor 2022

f 2022 2021f
Note
INCOME
l.evies 16,189.36 5,748.61
Rally 30,359.58 2,639.33
Donations 2,275.00 146.40
Events 1,83646 8,029.11
Sundry income 1,262.46 1,089.79
51,922.86 17,653.24
EXPENDITURE
Accountancy
and professional fees
262.50 262.50
Competition
expenses
2,804.95 2,101.79
Depreciation
Miscellaneous
159.00
1,286.49
237.00
651.99
County meetings 987.90 141.40
County membership incentive 0.00 6DD.DD
Levy and insurance 12,989.35 3,699.05
Training courses 1,410.00 3,430.00
Repairs &oftice
Telephone
&postage
Staff costs
1,594.47
361.37
16,008.32
1,287.45
411.89
14,813.98
Mileage 1,489.05 341.10
CRBchecks 193.46 183.60
County Ball 0.00 0.00
Donations 984.44 0.00
Promotion 1,357.32 0.00
41,888.62 28,161.75
EXCESSINCOME (EXPENDITURE) FORTHE YEAR 610,034.24 -510,508.51
2022 2021
Note
TANGIBLE ASSETS 317.23 476.23
CURRENT ASSETS
Debtors and prepayments 16,189.35 9,648.81
Cash at bank:
Current account 8,728.52 4,960.01
High interest
COIF
6 65,091.61
25,1'70.19
65,067.54
25,056.80
Friends of Bedfordshire 7,821.19 6,646.19
Ploughing match account 4,412.52 4,632.93
Rally 7,447.83 2,639.33
Cash float 386.17 467.25
135,247.38 119,118.86
CURRENT LIABILITIES
Creditors
and deferred
income
8,776.19 2,840.91
8,776.19 2,840.91
NET CURRENT ASSETS 126,471.19 116,277.95
NET ASSETS, at book value 2126,788.42 7116,754.18
ACCUMULATED
FUND
At 1 October 2021 116,754.18 127,262.69
Add: Excess income (expenditure) for the year 10,034.24 -10,508.51
Total capital employed 8126,788.42 Kt16,754.18

a) Basis ofaccounting a) Basis ofaccounting a) Basis ofaccounting
These accounts have been prepared in accordance with the histoncal cost convention. The
principal
accounting
policies which the assomation hss adopted within that convention are set out below.
b) Expenditure
Expenditure
is accounted
for on the accruals basis.
2. Donations
income
2022f 2021f
Charity donation 2,275.00 146.40
62,275.00 Et46.40
3. Events income
Ploughing
match
-232.48 4,958.96
Wine tasting 739.44 1,888.12
Competitions 1,329.50 1,182.03
51,836.46 68,029.1I
4. Sundry income
Interest received 13746 9.79
Fnends of Bedfordshire 1,125.00 1,080.00
61,262.46 61,089.79
5. Fixed assets
Written
down value
brought
forward
476.23 713.23
Additions
in year
0.00 0.00
476.23 713.23
Less: Depremation charge in year 159.00 237.00
Wniten
down value
carried forward 5317.23 6476.23