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2022-08-31-accounts

Page
Report ofthe Trustees
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements
Detailed Statement ofFinancial Activities 17

FOR THE Y EAR EN DED 31STAU GUST 2022
2022 2021
Unrestricted Restricted Total Total
funds fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2,672 2,672 2,842
Charitable
activities
Showground 23,206 23,206 11,333
General resources 4,889 4,889 4,919
Investment
income		 34 34
Total 30,801 30,801 19,100
EXPENDITURE ON
Charitable
activities
Monmouth
Show		 254
Showground 5,320 5,320 7,325
General resources 5,129 5,129 5,613
Other 205 205 271
Total 10,654 10,654 13,463
NET INCOME 20,147 20,147 5,637
RECONCILIATION OF FUNDS
Total funds brought forward 459,665 459,665 454,028
TOTAL FUNDS CARRIED FORWARD 479,812 479,812 459,665

BALANCE SHEET
31STAUGUST 2022
2022 2021
Notes
FIXEDASSETS
Tangible assets 409,295 412,657
CURRENT ASSETS
Debtors 2,695 2,411
Cash at bank 84,109 60,386
86,804 62,797
CREDITORS
Amounts
falling due within one year		 (7,887) (6,189)
NET CURRENT ASSETS 78,917 56,608
TOTAL ASSETSLESSCURRENT
LIABILITIES 488,212 469,265
CREDITORS
Amounts
falling due after more than one year		 9 (8,400) (9,600)
NET ASSETS 479,812 459,665
FUNDS 13
Unrestricted
funds		 479,812 459,665
TOTAL FUNDS 479,812 459,665

2022 2021
Deposit account interest 34
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2022 2021
Depreciation
- owned assets		 3,362 4,612

TANGIBLE FIXEDASSETS
Improvements
Freehold to
property property
up to from Showground
31/12/08 01/01/09 equipment
COST
At 1st September 2021 and
31stAugust 2022 389,838 143,133 16,814
DEPRECIATION
At 1st September 2021 139,674 14,946
Charge for year 2,277 492
At 31stAugust 2022 141,951 15,438
NET BOOKVALUE
At 31stAugust 2022 389,838 1,182 1,376
At 31stAugust 2021 389,838 3,459 1,868
Cups and Office
trophies equipment Totals
COST
At 1st September 2021 and
31stAugust 2022 15,124 27,678 592,587
DEPRECIATION
At 1st September 2021 25,310 179,930
Charge for year 593 3,362
At 31stAugust 2022 25,903 183,292
NET BOOKVALUE
At 31stAugust 2022 15,124 1,775 409,295
At 31stAugust 2021 15,124 2,368 412,657

6. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Trade debtors 2,695 2,330
Other debtors 81
2,695 2,411
7. CASH AT BANK
2022 2021
Total Total
funds funds
Nat West Current account 1,102 2,044
Nat West Deposit account 83,007 58,342
Total 84,109 60,386
S. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
Bank loans and overdrafts (see note 10) 1,200 1,200
Trade creditors 248 249
Accruals and deferred income 6,439 4,740
7,887 6,189

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STAUGUST 2022		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31STAUGUST 2022
9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
Bank loans (see note 10) 8,400 9,600
10. LOANS
An analysis ofthe maturity ofloans is given below:
2022 2021
Amounts
falling due within one year on demand:
Bank loans 1,200 1,200
Amounts
falling between one and two years:
Bank loans 1,200 1,200
Amounts
falling due between two and five years:
Bank loans - 2-5 years 3,600 3,600
Amounts
falling due in more than five years:
Repayable
by instalments:
Bank loans more 5 years 3,600 4,800
11. SECURED DEBTS
The following
secured debts are included
within creditors:
2022 2021
Bank loans 9,600 10,800
The bank loan is secured by a charge over the company's freehold land.

ANALYSIS O F NET ASSETS BETWEEN FUNDS
2022 2021
Unrestricted Restricted Total Total
funds fund funds funds
Fixed assets 409,295 409,295 412,657
Current assets 86,804 86,804 62,797
Current liabilities (7,887) (7,887) (6,189)
Long term liabilities (8,400) (8,400) (9,600)
479,812 479,812 459,665
MOVEMENT IN FUNDS
Net
movement At
At 1.9.21 in funds 31.8.22
Unrestricted funds
General fund 447,972 20,147 468,119
Revaluation Fund 11,693 11,693
459,665 20,147 479,812
TOTAL FUNDS 459,665 20,147 479,812
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 30,801 (10,654) 20,147
TOTAL FUNDS 30,801 (10,654) 20,147

Net
movement At
At 1.9.20 in funds 31.8.21
Unrestricted funds
General fund 442,335 5,637 447,972
Revaluation Fund 11,693 11,693
454,028 5,637 459,665
TOTAL FUNDS 454,028 5,637 459,665
Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 19,100 (13,463) 5,637
TOTAL FUNDS 19,100 (13,463) 5,637
Net
movement At
At 1.9.20 in funds 31.8.22
Unrestricted funds
General fund 442,335 25,784 468,119
Revaluation Fund 11,693 11,693
454,028 25,784 479,812
TOTAL FUNDS 454,028 25,784 479,812

Incoming Resources Movement
resources expended in funds
Unrestricted funds
General fund 49,901 (24,117) 25,784
TOTAL FUNDS 49,901 (24,117) 25,784

MONMOUTHSHIRE
SHOW SOCIETYLIMITED		 MONMOUTHSHIRE
SHOW SOCIETYLIMITED		 MONMOUTHSHIRE
SHOW SOCIETYLIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31STAUGUST 2022
2022 2021
INCOME AND ENDOWMENTS
Donations
and legacies
Subscriptions 2,672 2,842
Investment income
Deposit account interest 34
Charitable activities
Other show income 70
Basic Payment
Scheme		 4,819 4,919
Grasskeep 8,436 6,782
Showground hire 14,770 4,551
28,095 16,252
Total incoming
resources		 30,801 19,100
EXPENDITURE
Charitable activities
Insurance 2,207 2,598
Water 956 740
Maintenance 755 476
Fencing and hedgetrimming 1,502
Office expenses 938 2,031
Reporting
accountant's		 fees 984 984
Electric 247 281
Depreciation ofnew building 2,277 3,069
Depreciation ofshowground appliances 492 754
Deprecation ofoffice equipment 593 789
(Profit)/loss on sale oftangible fixed assets (286)
2020 show abortive costs 254
Charitable
donations		 1,000
10,449 13,192
Other
Bank charges and interest 205 271

2022 2021
10,654 13,463
20,147 5,637