2023-09-30-accounts

		Page
Notice ofAnnual General Meeting
Charity Information
Chairman's Report
Trustees' Report		6-12
Statement ofTrustees'	Responsibilities	13
Independent Auditors'	Report	14-16
Statement of Financial	Activities	17
Balance Sheet		18
Statement ofcash flows
Notes to the accounts		20-31

			Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2023 6	2023 6	2023f	2022 6	2022 8	2022 6
Income from:
Charitable activities		2	454,911		454,911	527,193		527,193
Investments		3	286,151	1,604	287,755	268,144	1,437	269,581
Total income			741,062	1,604	742,666	795,337	1,437	796,774
x enditure on:
Raising funds		4	884,060		884,060	1,159,666		1,159,666
Charitable activities		5	319,020		319,020	296,384		296,384
Total expenditure			1,203,080		1,203,080	1,456,050		1,456,050
Net gains/(lasses) investments		on 10	(49,037)	324	(48,713)	(1,080,882)	(8,646)	(1,089,528)
Net movement	in	funds	(511,055)	1,928	(509,127)	(1,741,595)	(7,209)	(1,748,804)
Fund balances	at 1 October
2022			7,336,063	70,605	7,406,668	9,077,658	77,814	9,155,472
Fund balances	at	30
September 2023			6,825,008	72,533	6,897,541	7,336,063	70,605	7,406,668

					2023		2022
				Notes	f
Fixed assets
Tangible assets				12		269,475		261,112
Investment	properties			13		2,588,400		2,588,400
Investments				14		3,909,281		4,268,931
						6,767,156		7,118,443
Current assets
Debtors				15	107,050		98,959
Cash at bank and in		hand			114,300		306,206
					221,350		405,165
Creditors:	amounts	falling due within
one year				16	(90,965)		(116,940)
Net current	assets					130,385		288,225
Total assets less current			liabilities			6,897,541		7,406,668
Income funds
Restricted	funds			19		72,533		70,605
Unrestricted	funds					6,825,008		7,336,063
						6,897,541		7,406,668

				2023		2022
			Notes			6
Cash flows from operating		activities
Cash absorbed by operations			23		(778,563)		(899,045)
Investing	activities
Purchase	oftangible fixed assets			(12,034)		(5,440)
Purchase	of investments			(876,125)		(1,336,466)
Proceeds	on disposal of investments			1,187,061		2,086,053
Investment	income received			287,755		269,581
Net cash	generated from investing
activities					586,657		1,013,728
Net cash	used in financing	activities
Net (decrease)/increase in		cash and	cash
equivalents					(191,906)		114,683
Cash and	cash equivalents at beginning		of year		306,206		191,523
Cash and	cash equivalents	at end of	year		114,300		306,206

							Unrestricted	Unrestricted
							funds	funds
							2023	2022
							8
	Fundrais'			and	ublicit
	Shrewsbury			Flower		Show	845,637	1,106,444
		nt	man				38,423	53,222
							884,060	1,159,666
5	Charitable		activities
							2023	2022f
	Depreciation			and	impairment		3,672	1,901
	Grant funding			of	activities (see note 6)		27,550	15,000
	Share of	support			costs (see note 7)		269,553	265,451
	Share of	governance				costs (see note 7)	18,245	14,032
							319,020	296,384

			2023	2022
				E
Grants to	institutions:
Royal Horticultural		Society	5,000	5,000
Chartered	Institute	ofHorticulture	10,000	8,000
Other			12,550	2,000
			27,550	15,000

7	Supportcosts	Supportcosts
			Support	Governance	2023	Support	Governance	2022
			costs	costs		costs	costs
			E	E		E	E
	Staff costs		124,858		124,858	125,763		125,763
	Show support	costs	57,040		57,040	57,908		57,908
	Office costs		87,655		87,655	81,780		81,780
	Audit fees			4,300	4,300		4,500	4,500
	Governance	costs		5,035	5,035		3,829	3,829
	Governance	support
	costs			8,910	8,910		5,703	5,703
			269,553	18,245	287,798	265,451	14,032	279,483
	Analysed between
	Charitable activities		269,553	18,245	287,798	265,451	14,032	279,483

Number ofe	Number ofe	mployees
The average		monthly	number ofemployees	during the year was:
					2023	2022
					Number	Number
Permanent	office staff
Temporary	office staff
Temporary	event staff
						10
Employment		costs			2023	2022
					F
Wages and	salaries				118,422	117,811
Social security		costs			4,001	5,135
Other pension		costs			2,435	2,817
					124,858	125,763

				Unrestricted	Restricted	Total Unrestricted	Total Unrestricted	Restricted	Total
				funds	funds		funds	funds
				2023	2023	2023	2022	2022	2022
				8		6	8	8	f
Revaluation	of
investments				25,227	46	25,273	(1,530,601)	(9,302)	(1,539,903)
Gain/(loss)	on	sale	of
investments				(74,264)	278	(73,986)	449,719	656	450,375
				(49,037)	324	(48,713)	(1,080,882)	(8,646)	(1,089,528)

12	Tangible fixed assets
				Freehold	land	Plant and	Fixtures and	Total
				and buildings		equipment	fittings
					6		6
	Cost
	At 1 October	2022		253,725		266,101	112,290	632,116
	Additions						12,036	12,036
	At 30September 2023			253,725		266,101	124,326	644,152
	Depreciation	and impairment
	At 1 October	2022				266,101	104,904	371,005
	Depreciation	charged	in the year				3,672	3,672
	At 30September 2023					266,101	108,576	374,677
	Carrying amount
	At 30September 2023			253,725			15,750	269,475
	At 30September 2022			253,725			7,387	261,112
13	Investment	property
								2023
								6
	Fair value
	At 1 October	2022 and	30September 2023					2,588,400

		2023	2022
		6	8
Freehold		2,588,400	2,588,400
Long leasehold
Shortleasehold
Fixed asset Investments
			Listed
			investments
Cost or valuation
At 1 October 2022			4,268,931
Additions			876,125
Realised gains / (losses)			25,274
Unrealised gains	/ (losses)		(73,988)
Disposals			(1,187,061)
At 30September	2023		3,909,281
Carrying amount
At 30 September	2023		3,909,281
At 30 September	2022		4,268,931
Debtors
		2023	2022
Amounts falling	due within one year:		8
Trade debtors		15,414	16,445
Other debtors		82,523	75,629
Prepayments and	accrued income	9,113	6,885
		107,050	98,959

16	Creditors: amount	s fa	lling	due within one year
						Notes	2023 6	2022f
	Other taxation and	social security					2,427	5,389
	Deferred income					17	1,038	1,296
	Trade creditors						38,737	48,008
	Other creditors						1,371	1,459
	Accruals						47,392	60,788
							90,965	116,940
17	Deferred income
							2023	2022
							6	6
	Adising from Deferred income						1,038	1,296
	Deferred income is	included		in the financial statements	as follows:
							2023 6	2022f
	Deferred income is	included		within:
	Current liabilities						1,038	1,296
	Movements in the year:
	Deferred income at	1 October 2022					1,296	4,609
	Released from previous		periods				(1,296)	(4,609)
	Resources deferred	in the year					1,038	1,296
	Deferred income at	30September 2023					1,038	1,296

								Movement	Movement	in funds					Movement	Movement	in funds	in funds	in funds
					Balance sl			Incomln9		Revaluations,		Balance	at		Incoming		Revaluagons,			Balance at
			1	October 2021				resources		gains	and1	October 2022			resources			gains and		30 September
										losses									losses		2023
									f		f			f		f			f
	Percy
	Thrower
	Shropshire
	Award					77,814		1,437		(8,646)		70,605				1,604			324		72,533
20	Analysis ofnet				assets		between funds
							Unrestdcted			Restricted		Total		Unrestricted				Restricted			Total
								funds		funds						funds			funds
								2023 f		2023 f		2023 f				2022 f			2022 f		2022 f
	Fund balances		at 30
	September	2023 are
	represented	by:
	Tangible assets							269,475				269,475			261,112						261,112
	Investment	properties						2,588,400				2,588,400			2,588,400					2,588,400
	Investments							3,859,551		49,730		3,909,281			4,219,481				49,450	4,268,931
	Current assets/(liabilities)							107,582		22,803		130,385			267,070				21,155		288,225
								6,825,008		72,533		6,897,541			7,336,063				70,605	7,406,668
21	Operating	lease			commitments
	At the reporting			end date			the	society had	outstanding		commitments			for	future	minimum		lease payments			under
	non-cancellable			operating leases, which					fall	due as	follows:
																		2023			2022
																					f
	Within one	year																4,072			3,157
	Between two and				five	years												15,868			7,411
																		19,940			10568
	Lessor
	At the reporting			end date			the	society had	contracted		with	tenants for		the	following minimum				lease	payments:
																		2023f			2022 f
	Within one	year																588,791			603,386

23	Cash generated from	operations	operations			2023	2022
						6
	Deficit for the year					(509,127)	(1,748,804)
	Adjustments for:
	Investment income recognised		in statement	of financial	activities	(287,755)	(269,581)
	Loss/(gain) on disposal	of investments				73,986	(450,375)
	Fair value gains and losses on		investments			(25,273)	1,539,903
	Depreciation and impairment oftangible fixed assets					3,672	1,901
	Movements in working	capital:
	(Increase) in debtors					(8,091)	(41,830)
	(Decrease)/increase in	creditors				(25,717)	73,054
	(Decrease) in deferred	income				(258)	(3,313)
	Cash absorbed by operations					(778,563)	(899,045)