|GLOUCESTERSHIRE FEDERATION OF YOUNG FARMERS' CLUBS||
|---|---|
|CONTENTS||
||Page|
|REPORT OF THE TRUSTEES||
|STATEMENTS OF TRUSTEES' RESPONSIBILITIES||
|INDEPENDENT
EXAMINER'S REPORT TO THE TRUSTEES OF||
|GLOUCESTERSHIRE FEDERATION OF YOUNG FARMERS' CLUBS||
|STATEMENT OF FINANCIAL ACTIVITIES||
|BALANCE SHEET||
|NOTES TO THE FINANCIAL STATEMENTS|9-15|
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|C|Lyons|J|Harvey|L|Serie-Sandy|
|---|---|---|---|---|---|
|J|Bennett|J|Wallace|G|Hance|
|C|Jackson|L|Beard|R|Warner-King|
|H|Watts|G|Heming|H|Sayers|
|A|Williams|J|Albutt|S|Normington|
|S|Bennett|G|Packer|J|Bennett|
|H|Keedwell|N|Bennett|E|Greening|
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|||||Note|Note|Unrest-|Rest-|2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||ricted|ricted|Total|Total|
|||||||funds|funds|funds|funds|
|Incoming
resources||||||||||
|Grants receivable||||||1,800||1,800|750|
|Donations||||||10,733||10,733|8,600|
|Levies from individual
young farmers'||||clubs||11,307||11,307|11,307|
|Dances and other fundraising||events||||44,741||44,741|41,122|
|Sundry
income||||||1,480||1,480|573|
|Bank interest receivable||||||2,730||2,730|280|
|Total incoming
resources||||||F72,791|E-|f72,791|f62,632|
|Other expenditure||||||||||
|Raising funds|||||5|19,987||19,987|19,663|
|Activities
in furtherance|ofcharity's||objectives||5|1,050||1,050|449|
|Management
and administration|||||5|33,850||33,850|38,859|
|Total resources expended||||||654,887|2-|f54,887|f58,971|
|Net income/(expenditure)||||||17,904||17,904|3,661|
|Transfer between
funds|||||10|||||
|Net movement
in funds||||||17,904||17,904|3,661|
|Fund balances brought|forward|||||96,651|10,090|106,741|103,080|
|at 1 September 2022||||||||||
|Fund balances carried|forward||||10|2114,555|F10,090|f124,645|f106,741|
|at 31August 2023||||||||||
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|GLOUCESTERSHIRE|FEDERATION OF|YOUNG FAR|MERS' CLUBS||
|---|---|---|---|---|
|BALANCE SHEET|||||
|31 August 2023|||||
|||Note|2023|2022|
|FIXEDASSETS|||||
|Tangible assets|||557|773|
|CURRENT ASSETS|||||
|Stocks ofclub supplies|and stationery||1,120|1,620|
|Debtors|||4,252|6,914|
|Cash at bank and
in hand|||126,428|106,449|
||||131,800|114,982|
|LIABILITIES|||||
|Amount
falling due within one year|||(7,712)|(9,014)|
|NET CURRENT ASSETS|||124,088|105,968|
|TOTAL NET ASSETS|||F124,645|6106,741|
|FUNDS|||||
|Designated
funds|||||
|Property
and equipment|fund||4,871|4,871|
|Vice Presidents'
fund|||484|484|
|Princess Royal training|fund||4,735|4,735|
|Non-designated
funds|||||
|General funds|||114,555|96,651|
|||10|2124,645|F106,741|
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|GRANTS RECEIVABLE|2023|2022|
|---|---|---|
|Grants were received from the following:|||
|Rural Youth Trust|300|750|
|South West Area YFC|1,500||
||F1,800|f750|
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|3|DONATIONS|DONATIONS|||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||Competition|and||event sponsorship|||4,544|4,045|
||Donations||||||||
||||-|Rally||||520|
||||-GFMT/GAHF||||3,409|1,250|
||||-|NFU|||2,000|2,000|
||||-|Other|||5||
||Lottery||||||400|280|
||Friends ofGloucestershire||||YFC||375|505|
||||||||610,733|E8,600|
|4|DANCES AND||OTHER FUNDRAISING|||EVENTS|2023|2022|
||Chairman's|Bash||||||6,922|
||Quiz||||||701|644|
||Spring
Fling||||||14,776|11,254|
||Pre-Rally||||||9,015|9,813|
||Rally||||||13,597|11,432|
||Other fundraising|||events|||6,652|1,057|
||||||||F44,741|241,122|
|5|RESOURCES EXPENDED||||||2023|2022|
||Raising funds||||||||
||Chairman's|Bash||||||2,430|
||Quiz||||||353|418|
||Spring
Fling||||||5,443|4,101|
||Pre-Rally||||||4,251|5,722|
||Rally||||||6,841|6,629|
||Other fundraising|||events|||3,099|363|
||||||||F19,987|619,663|
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|Cost ofactivities|Cost ofactivities|in furtherance|ofcharity's||||
|---|---|---|---|---|---|---|
|objectives||||2023||2022|
|Competition|expenses|||1,050||449|
|||||F1,050||E449|
|Management|and|administration|ofthe charity|2023||2022|
|Staff costs||||17,772||24,360|
|Travelling
expenses||||337||456|
|Telephone||||672||602|
|Postage||||67||99|
|Stationery
and office supplies||||270||104|
|IT application|costs|||843||1,413|
|Office expenses and room hire||||6,863||6,703|
|Photocopying||||1,577||1,726|
|Accountancy||||804||750|
|Insurance||||394||180|
|Subscriptions||||108||216|
|Sundry expenses||||807||457|
|Training||||1,478|'|1,069|
|Depreciation||||216||90|
|Repairs||||1,642||634|
|||||F33,850||838,859|
|Subsidy to clubs for levies|||||||
|||||f33,850||F38,859|
##
|Staff|costs and numbers|costs and numbers|2023|2022|
|---|---|---|---|---|
||Salaries and|wages|17,442|23,872|
||Pension
contributions||330|503|
||Coronavirus|Job Retention Scheme||(15)|
||||f17,772|f24,360|
||||No.|No.|
||The average|number ofemployees was|||
||Part-time||||
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|TANGIBLE ASSETS||
|---|---|
|Office equipment||
|Cost||
|At 1 September 2022|28,093|
|Additions||
|At 31 August 2023|28,093|
|Depreciation||
|At 1 September 2022|27,320|
|Charge for year|216|
|At 31 August 2023|27,536|
|Net book value||
|At 31 August 2023|557|
|At 31 August 2022|773|
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|7|DEBTORS|||2023|2022|
|---|---|---|---|---|---|
||Trade debtors|||892|2,879|
||Other debtors|||2,400|3,003|
||P repayments|||960|1,032|
|||||E4,252|F6,914|
|8|CASH AT BANK AND IN HAND|||2023|2022|
||Cash float|||579|169|
||Bank - NatWest|account||34,617|17,830|
||-AGM account|||570|570|
||- Pleo account|||7|100|
||COIF Charities|Deposit account||90,655|87,779|
|||||f126,428|F106,448|
|9|LIABILITIES —due within one year|||2023|2022|
||Trade creditors|||152|273|
||Funds from dormant||clubs|5,269|5,123|
||Deferred income|||650|925|
||Other creditors|||100|555|
||PAYE/NIC|||243|926|
||Accruals|||1,298|1,212|
|||||E7,712|F9,014|
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|Balances|||Balances|Net|Transfers|Balances|
|---|---|---|---|---|---|---|
||||at 1 Sept|income/|between|at 31Aug|
||||2021|(expenses)|funds|2022|
|Designated
funds|||||||
|Property
and equipment||fund|4,871|||4,871|
|Vice Presidents|fund||484|||484|
|Princess Royal|training|fund|4,735|||4,735|
||||10,090|||10,090|
|Non-designated|funds||||||
|General funds|||92,990|3,661||96,651|
||||F103,080|63,661||f106,741|
|Balances|||Balances|Net|Transfers|Balances|
||||at 1 Sept|incomel|between|at 31Aug|
||||2022|(expenses)|funds|2023|
|Designated
funds|||||||
|Property
and equipment||fund|4,871|||4,871|
|Vice Presidents|fund||484|||484|
|Princess Royal|training|fund|4,735|||4,735|
||||10,090|||10,090|
|Non-designated|funds||||||
|General funds|||96,651|17,904||114,555|
||||E106,741|F17,904|E-|f124,645|