REGISTERED COMPANY NUMBER: 01288824 (England and Wales) REGISTERED CHARITY NUMBER.. 505947 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGIIST 2025 FOR MONMOUTHSHIRE SHOW SOCIETY UMtTED Green & Co Accountants ond Tax Advisors Pembroke qoJ5e Llantornam Pcyk Woy Cwmbran Torfaen NP44 3AU MONMOUIHSHIRE SHOW SOCIETY LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 Page Report ol the Trustees Independent ExomSnels Report statement of Flnanclol Actlvllles Balance Sheel Notes to the Flnanclal Sttotemenl ol linonciol oclivilies for the yeor ore sel oul on poge 17 ond 18. The Society has opplied oll ils funds for the yeor in the lurtheronce of its objectives. Ihe nel incoming resources over expenditure lor the yeor ended 31st August 2025 omounted to o surplus of £25,948 compored with a surplus of £46,397 in 2024. The nel assets ol the Society a5 at 31st August 2025 have increased to £580.684 from £554.736 as at 31 st August 2024. The MonmoJi th5hire Show Society enjoyed continuing Succe￿ in 2025 with fine weather ond posi'ive feedbock from visilors. Visitors welcomed the child friendly, free of chorge enlerloinmenl pvl Dn lo encouroge o younger demographic in years to come. Finance5 continued to be c105el/ monitoied ond maraged t4roughout the year despite the global uncertointies reflecting upon sligkmy lower gote numjers and generally increasing supplier costs. The lac lilies were used by lilrn unil b05e5 ond Welsh Wote¥ lo beqef'l Ihe wder community by encouroging tourism ond income into the local area and enable improvemenls to the water trectment infrastructure. Charitoble objectives were enhanced wth the expansion of the Livestock Section, ond poyticulorty the Young Hondlers competition. publ￿ inteTOCtion was encouroged with the obility lo touch. feel and learn under the guidance ol experts. This year'5 Chaiily Spon50T5hip went lo 'We are Farming Minds who offer invaluable help cjnd Support lo farmers, and those in the industry. during these uncertoin and slressful time< ol animal disease, climate chcnge ond linonciol chal￿nge5. Few people escope knowing ol ol lecsl oYe former who hos. or considered, committing suicide. The Showground remains ovoiloble for the use of local wolters and other recreational pursuits providing both physical ond mental heollh benefits lo mony. Free occess lo the showground 15 provided to chorily walk organiseis. Inveslmenl powers A further objective is to invest the monies of the Society not immediole y required lor ils moin purpose in investment5. securities or pioperty as may t>e thovghl fil 5ubjecl to condition5 01 the law. As slated in the choriloble compony's memorondum ond orticles of association. the income ond property of the Society shall only be opplied lowords the promotion of the objectives of the society and no portion 5holl be paid or Ironslerred directly or indirecHy by way of diwdend. bonus (x otherwise by way ol profil to Ihe members ofthe Society. All the Society'g fixed ogsels ore solely for the Societv's use. The cups and trophies ore volued signilicanfly higher thon their original cost which is re*lected in t￿e bolonce sheet os indicotee by the Revoluotion reserve. The locolion ol the CUP) ond trophies ore occvrolely recorded when orizes ore issued ond collection oi them each yeor prior to the show doy 15 51rictly monitored. They ole clso adequa.ety insured. Page 2 MONMOUTHSHIRE SHOW SOCIETY LWIITED {REGISTERED NUMBER: 01288824) REPORT OF THE TRUSIEES FOR THE YEAR ENDED 31ST AUGUST 2025 FINANCIAL REVIEW Reserves policy It is the policy of the chority lo moinloin urireslricled funds (currently £580.6841 which ore ovailoble for use at the discretion of the trustees in furtherance of the general objec'ive5 01 the chority and which hove not been designoted for other purooses. The I'quid reserves ore mointoined cjl a level sufficient for ony or oll ol the chority's purposes, once it hos met its commitmerts ond other plonned expenditvre ensuring thot funds ore ovoiloble to cover monagement ond administration or)d support cost5 and to respor.d to emergency reqviremenls which orise from lime lo lirne. SIRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Monmoblh Show Society Limited is o charitable company limited by guorantee incorporoled on l Decerrber 1976 ond is governed by ili memorondum ond orlicles ol ossociolion. The liability of members upon liquidation is limited to £2 each and ony surplus remoining after the realigolion ol assets shall not be distributed lo the members bLJI sholl be transferred to some charitable instilul'on, hoving objective5 similar to that ol the Society. Dlreclor5 Qnd trustee5 The directors of the charitable compony ale its trustees for the purpose ol charity Icw and throughout this report ore collectively referred lo os the trustees. The Choirmon. JreasJrer and other members are the Iruslees. The Iru5tees administer the chority ond meet with the remoinder of t￿e Monogemenl Committee on o mopthly bosis receiv ng no remuneralion lor octing in that capacity. In order to be elected as o trustee ol the Monogemenl Cornmitlee. the ncmed person musl be a member of the Society. At each Annuol General Meeting of the Society. Ihe PTesidenl. Chairman and Treasurer retire from office but ole all eligible lor re-election. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company nurnber 01288824 IEngland and wa￿$) Regisl•r•d Charify numb•r 505947 Registered 01￿Ce Pembrokc House Llanlarnom Pork Wcy Cwmbron Torloen NP44 3AU Page 3 MONMOUTHSHIRE SHOW SOCIETY LWIITED {REGISTERED NUMBER: 01288824) REPORT OF THE TRUSIEES FOR THE YEAR ENDED 31ST AUGUST 2025 Trvslees The IrJslees ol year end under review were.. S Harri5 Choirmom IFrom 14th Jonuaty 20251 Dr E Alford Vice Chairmon (From 14th JanLJOry 20251 R Webb Treasurer ond Showground Administrolor M Herbeil Chairmon l From 22nd November 2021 10 13th Jcnuory 20251 J Durrant Vice ChoiTman IFrom 9th January 2024 to 13th January 20251 The Trusteès neither received nor waived ony emolvments or expenses during the year12024- £Nill. Independent Examlner Nicholas Pork Green & Co Accountonts and Tax Advisors Pembroke House Llantarnam Park Wcy Cwmbran Torfoen NP44 3AU Approved ￿Y order of the board of Iwslees on 2&d October 2025 ond signed on its behalf by-. R Webb - Truslee Page 4 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MONMOUTHSHIRE SHOW SOCIETY UMtTED Independent examinerfs report lo Ihe Irustees of Monmoulhshire Show Society Limiled ('the Company.) I report lo Ine chorily Iwslees on my exominol on ol -he occounls ol the ComDony lor Ihe yeor ended 31 sl August 2025. Responslbllmles and basls of report A5 the charity's trustees ol the Compory land 0150 its directors for the purposes of company lowl you are responsible for the Preparation of the occounts n occoidance with the requirements Ol the Cornponies Act 20061'the 2006 Acl'l. Hoving 501is1ied myself that the occovn15 01 the Compony QTe nol requiTed lo be cvdited under Port 16 01 the 2006 Act and ale eligible fcy independent exarrination. report in respect of my examination of your charity's occounls os corried out under Section 145 of the Chorilies Acl 2011 I'lhe 2011 Acl'l. In carrying out my exominotion I hove followed the Threction5 given by the Charity Commission under Sectlon 145151 Ibl ol the 2011 Act. Independent examlner's slalemenl I ho'de completed my exominotion. I confirm Ihot no rnotlers hove come to my attention in conneclion with the examination giving me cause to believe= occounting record5 were not kept in respecl of Ihe Company 0$ required by Section 386 of the 2006 Act-. or the accounts do not accord wilh Ihose fecords- or the accounts do not comply with the occoun-ing requirements ol Section 396 01 the 2006 Act other than ony requirement Ihot Ihe accounts give a true and loir view wnich is not o matter considered as port of on independent examinolion.. ai the accoun15 hove not been prepcred in accordafjce with the methods and princples of the Statement ol Recommended Practice .'or OCCOLJnling ond reporting by chaiilies (applicable to charities preparing their accounls iry accordance wth the Financia RExporting Standard applicable in the UK and Republic ol Ircsiond IFRS 10211. I hove no concem5 onrj hove come ocr05s no other matters in cornection with the exominotion to which attention should be drawn in this report in order lo ernab￿ a proper ur,derslonding ol the accounts to be reoched. Nicholas PaTk The Associolion of Chartered Certified Accountont5 Green & Co Accountonts ond Tox Advisors Pembroke House Llontornom Pork Wcy Cwmbran Torfoen NP44 3AU 23rd October 2025 Page 5 MONMOUIHSHIRE SHOW SOCIETY LIMITED STATEMEN[ OF FINANCIAL ACIIVITIES FOR THE YEAR ENDED 31ST AUGUST 2025 2025 Tolol funds 2024 Total funds Unrestricted lunds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donolions and legocies 5.365 5,365 4.227 Ch¢Jitoble actlvimes Showground Generol resources 107.272 7.152 107.272 7.152 131.066 7.361 Investmenl income Other income Total 5.112 905 125.806 5.112 905 125.806 3.291 100 146,045 EXPENDITURE ON Ch¢Jitoble activilles Showground 99.631 99,631 96.771 Other Tolol 527 ICQ.158 527 l(KJ.158 2.877 99.648 NE[ INCOME 25.648 25.648 46.397 RECONCILIATION OF FUNDS Total funds brought loword 554.736 554,736 508.33? TOTAL FUNDS CARRIED FORWARD 580.384 580.384 554.736 The note5 lorm port ol these finonciol 5tolemenls Page 6 MONMOUTHSHIRE SHOW SOCIETY LWIITED {REGISTERED NUMBER: 01288824) BALANCE SHEEr 31ST AUGUST 2025 2025 2024 Notes FIXED ASSErs Tangible ossets 406,257 406,771 CURRENT ASSETS Debtors Cash ot bonk 10.392 13,613 147.536 161,149 196,IXJ9 CREDITORS Amounts lolling due within one year 121.8821 113.1841 NET CURRENI ASSETS 174.127 147.965 TOTAL ASSEtS LESS CURRENT UABILITIES 580.384 554.736 NE[ ASSEtS FUNDS Unreslricled funds TOTAL FUNDS 580.384 554 736 10 580.384 58C, 384 554.736 554 736 The charitable compony is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 sl Augusl 2025. The members have nol required the company lo obloin on oudit oi ils liqancial 5totements for the yeor ended 31 st August 2025 in accordance with Section 476 0l-,he Companies Act 2006. The trustees acknowledge their responsibilities for lul erisviiiiy I triul Ilie Lliuiiluble cuiripui.y kettk)) LJLLouriliriy ieivr(Js Iliul Corri Jy willi Secliuris 386 (Jiid 387 ol the Componies Act 2006 and preparing lingncia slatements which give a true and fair VEW ol the stole of affair5 01 the charitable compony 05 Qt the end of ecc4 firK)ncicI yeoi and ol its suiplu5 or delicit for each financial yeor in accordance with the requirements of Seclions 394 ond 395 ond wkich otherwise comply with the requirements of the Componies Act 2006 reloling lo finonool stolemenls. so for as opplicable lo Ihe choritoble company. Ibl The note5 lorm port ol these finonciol 5tolemenls Page 7 MONMOUTHSHIRE SHOW SOCIETY LWIITED {REGISTERED NUMBER: 01288824) BALANCE SHEE[ - continued 31ST AUGUST 2025 These financiol stolements have been prepored in occordonce with the provisions opplicoble to choritoble companies subject lo the small cornponiesregime. The financial slotemenls were oprxoved by the BooTd of Trustees ond aulhorised lor issue on 23rd October 2025 ond were signed on its beholl by.. R Webb- Trusteè The note5 lorm port ol these finonciol 5tolemenls Page 8 MONMOUIHSHIRE SHOW SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31ST AUGUST 2025 ACCOUNTING POLICIES Basls of preparfng the financlal statements The fir)oncial statements of the ckaritoble compafjy. which is a publ￿ beneFIt entity undei FRS 102. have been prepoied in accordance wilh the Chorilies SORP IFRS 1021 'Accour)tirg ond Reporting by Charities.. Slotement ol Recommendec Proctice opplicoise to chorilies preporing their occounts in accordonce with the Finorciol Reporting Slandord opplicoble ir the UK and Republic of Irelond IFRS 1021 lefleclive l Jonvary 20191.. Finogciol Reporl'ng Stondord - 02 'The Finonciol Reporling Sloncard applicable in the UK and Republic of Ireland. and "he Companies Act 2006. The financial statements hove been prepored under the hisloricol cotl convention. Income All income is recognised in the Slolemenl of Finonciol Activilies once the chorily h05 enlillement lo the funds, il ￿ probat>le that the income will be received ond the amount can be rneasured reliably. Expenditure Liabilities ore recogni5ed as expenditrJTe os soon as there is o legol or constructive obligation committing the chority to Ihot expeoditvre. il is proboble that a Iron5fer of economic benefitr will be required in settlement and the amount of the obligction can be measured reliobly. Expenditure is accounted lor on an occruals bosis and hos been classified uneer heod'ngs Ihol oggregale all cost related to the colegory. Where costs connot be direcmy ottributed to particular heoding< they hove been ollocoled to octivities on o basts consistent wth the use ol resources. Grants offered subject to ccnditions whic• hove not been met at the year end date are noted as a commitment bul not accrued os expenditure. rangible fixed assets Tongible fixed ossels costing more thon £250 ore copilolised ond included ol cost including any incidental expenses of acquisltion. Depreciotion is provided at the following onnuol roles in order lo write off eoch asset over ils expected Useful economic life.. Freehold properly Nil Improvements to property IO% of cost Cups and trophies Nil Office equipmeiil 25% of the reducing balonie Showground EquiJmenl 25To ol the reducing bolonce Taxoffion The cFiorily ￿ exempt from corporolion lox on its choritoble oclivities. Fvnd accounllng Generol fvpds ore unrestricted funds which ore ovoiloble for use ol the discretion of the trustees in lurlherance oi the Sociely's objectives ond ￿hICh hove not been designated for other purposes. Restrirted lund5 are fund5 which aTe to be used in accordance specific restrictions imposed by donors which have been raised by the Society lor porlicular purposes. The cosl of raising and administering such funds are charged agoinst the specific fund. There ore not currently ony restricted funds. Page 9 MONMOUIHSHIRE SHOW SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025 INVESTMENT INCOME 2025 2024 Deposit occount interest NE[ INCOMEI{EXPENDITURE) Net income/lexpenditurel 15 slated after chargingllcreditingl.. 2025 2024 Depreciolion - owned asset5 Surplb5 on disposal ol fixed as5els 419 745 TRUSTEES. REMUNERAIION AND BENEFtTS There were no Irustee's remunefotion or other benefits lor the yeor ended 31 sl August 2025 nor lor the year ended 315t August 2024. rrustees, expenses There were no Iruslees, expenses pa d for the year ended 31 sl August 2025 nor lor the yeor ended 31 sl August 2024. TANGIBLE FIXED ASSETS Improvements lo property from 01101109 Freehold property uplo 31112108 Showground equipment COST At I st September 20L4 DiSposcIs At 31 st Avgust 2025 DEPRECIATION At I sl September X)24 Charge lor year Eliminated on disposal At 31 st August 2025 NET BOOK VALUE At 31 st August ￿?5 Al 31 st August ￿24 389,838 143,133 16,814 389 838 143.133 15,QJO 143,097 16,040 170 1.7191 14.491 143.097 389.838 389.838 36 36 509 774 Page 10 MONMOUIHSHIRE SHOW SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025 TANGIBLE FIXED ASSETS - contlnued Cups and Irophies Office equipment TotaL COST At I st September 2014 Di5POioIs Al 31 sl August 2025 DEPRECIATION Al I sl September 21fL4 Charge for year Eliminated on disposal Al 31 st August 2025 NET BOOK VALUE Al 31 sl Augus12025 At 31 st August 2024 27,678 592.587 27,678 590.773 26.67? 249 185.816 419 184,516 15124 15 124 150 999 406.257 406,771 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepoymenls 9.025 1.367 10.392 12,347 1.266 CASH AT BANK 2025 Tolol funds 2024 Totol funds Nat West Cu￿ent account Nat West Deposit account Nal Wesl High Inleresl occount Tolol 32.286 747 152.i84 185.617 38.316 6.670 102,550 147536 Pagell MONMOUIHSHIRE SHOW SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade cieditors Accruals ond deferred incom 12,917 8.965 3,905 9.279 ANALYSIS OF NEf ASSETS BETWEEN FUND5 2025 Total funds 2024 Tolol lund5 Unreslricled funds Reslrcled fund Fixed ossels Current assets Current liob'lities 406.?57 196,W9 406.257 196,Th)9 406.771 161 149 13.1841 554 736 io. MOVEMENT IN FUNDS Nel movement in funds Al 31.8.25 Al 1.9.24 Unresmcted lunds General func Revaluation Fund 543 043 11 693 554.736 554 736 25.648 568.691 11.693 580,334 580 384 25.648 25.648 TOTAL FUNDS Net movement in funds. included in the above are a5 follows-. Incoming re50vrLgs Resouces expeiided Movement Unrestrlcted fvnds General func 125,806 11(X).1581 25.648 TOTAL FUNDS 125.806 ITr) 1581 Page 12 MONMOUIHSHIRE SHOW SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025 io. MOVEMENT IN FUNDS- continued Comparallves for movement In funds Nel movement in funds At 31.8.24 Al 1.9.23 Unrestrlcted lunds General lunc Revaluation Fund 496,646 46.397 543.043 11,693 554.736 554 736 508.33? 508 339 46.397 TOTAL FUNDS Comparative net movemenl in fund5. included in Ihe above are 05 follows= Incoming resources Re50LKce5 expended Movement in ILJnds Unreslrfcted lunds General func 146.045 199,6481 46.397 TOTAL FUNDS 146045 A current year 12 months and PriOT year 12 months combined p051tion is as follow5: Net movement in funds Al 31.8.25 Al 1.9.23 Unrestrlcted fvnds Generol func Revaluation Fund 496 646 11693 508.339 508 339 72,045 568,691 11.693 s80.￿4 580 384 72.045 TOTAL FUNDS Page 13 MONMOUIHSHIRE SHOW SOCIETY LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST AUGUST 2025 io. MOVEMENT IN FUNDS- continued A current yeor l? months ond prior yeor l? months combined nel movement in funds, included in the above ore 05 follows= Incoming resources Resouces expended Movement in funds Unrestrlcted lunds General lunc 271,851 1199.8061 72.045 TOTAL FUNDS 271851 199 8061 The unrestricled funds represent the free funds ol the chorily which are ncl desigrialed lor particular purp05es. RELATED PARIY DISCLOSURES There were no related party ITansaclions IOT the year ended 31 sl August 2025. 12. ULTIMATE CONTROLLING PARIY The compary is confrolle¢ by the Trvstees Mr5 S Horri5 Ichoirl. Ms R Webb |Treo5urerl and the remcining members ol the Managernenl Commiltee. Page 14 This document was delivered using electronic communications and authenticated in accordance with thc rcgistrar's rulcs rclating to electronic fotm, authcntication and manner of delivery under section 1072 of the Companies Act 2006.