CARDIGAN COUNTY AGRICULTURAL SHOW SOCIErY
ANNUAL REPORT AND ACCOUNTS
FOR THE PERIOD 01 JANUARY 2023 TO 31 DECEMBER 2023
CHARITY COMMISSION REFERENCE NUMBER 509960
D M B DAVIES UMITED
AccouKfANTS

CARDIGAN COUNTY AGRICULTURAL SHOW 50CI
CONT
Pa8e
Trustees Report
Significant Infonnation
Trustees, Responslblllty for the Account5
Independent Examlnerfs Report to the Trustees
Statement of Financial Activities
Balance Sheet
7-11
Notes to the Accounts

RDIGA
OUNTY
GRICUL
RAL SHOW
The Trustees present their report and the Accounts for the perlod 01 January 2023 to 31 December
2023.
Develo
ments Artlvltle5 and Achlevements durfn
the
ear
The Trustees would Ilke to thank the volunteers who help to make the Annual Show such a success,
these include field stewards, gate stewards, car parking stewards, Reactive First Aid, organisers of the
Cookery, Craft and Horticultu￿ competitions. The Trustees also appreclate the loan of machlnery
and equipment from Show Committee Members and the local farmln8 community.
Flnandal Actlvltles an
Affalrs
The Trustees are satlsfied with the Financlal Results for the perlod 01 January 2023 to 31 December
2023. A surplus of £158,380 was shown for the year. This was made up of £49,710 from Investment
income, £2.116 from other income, and a fluctuation galn of £139,423 In respect of the Investments
made with HSBC Premier Discretlonary Mana8ement Portfolio.
Annual expendlture had remalned under control and It is proposed to keep costs to a minlmum for
the Immediate future.
Approved by the Trustees on ok) zcQ*. and signed on thelr behalf by:
{SIGNATUREj
(SECRETARY/DIREeToR)... k) i LL!A¢K4 .
{NAME}

CHARITY COMM155ION REFERENCE NUMBER: 509960
RDIGAN COUNTY AGRICULTURAL SHOW SOCIETY
SIGNIFICANT INFORMATION
The Association was established under a Trust Deed dated 6 March 1980 in order to
promote and advance for the benefit of the public, agriculture, horticulture and forestry
and to promote the improvement of livestock, and the prevention and eradication of
diseases in animals useful to man and in particular in the area of Cardigan and District.
RE
IDENT: Mr Morlais Davies, Penparc.
OFFICERS:
Chalrman: Mr Kelth Davies, Penrallt, Llechryd.
General Secretary: Mr5 Delyth Willlams, Neuaddlwyd Uchaf, Ciliau Aeron, Lampeter
and
Miss Angharad Davies, Bwthyn Y Wennol, 7 Clos Y Gwyddil, Ferwi8.
Treasurer: Mrs Margaret Morris, Penrallt, Llechryd, Cardlgan.
TRUSTEES: Mr E Edwards, Awel Y Frenni, Crymych;
Mr L Jones, Ty Gwyn, Ferwi8, Cardigan;
Mr G Lewis. Frondeg, Ferwi& Cardigan;
MrJ J Williams, Harddfan, Ferwig Road, Cardlgan,.
Mr W A J Evans, Rh05twrach. Brynberlan, Crymych.
ADVISERS
Bankers: Barclays Bank plc, High Street, Cardigan.
Accountants: D M B Davies, Broyan House, Priory Street, Cardigan, Ceredigion, SA43 IBZ.
Sollcltors: Messrs George Davies and Evans, Grosvenor Hill, Cardi8an.

CARDIGAN COUNTY AGRICULTURAL SH
wso
IETY
Tru
IBIUTY F
Charlty Law requlres the trustees to prepare financial accounts for each financial
year which Eive a true and fair view of the state of affairs of the charity and of its
Incomlng resources and application of resources for that period. In preparing those
financial accounts the trustees are requlred to:
select sultable accounting policies and apply them consistently.
make judgements and estimates that are reasonable and prudent,.
prepare the financial accounts on the going concern basls unless It 5s Inapproprlate
to presume that the charity will continue in operation;
to value assets and liabilities in accordance with the Statement of Recommended
Practlce Accountlng by Charities.
The Trustees are responsible for keeping proper accounting records which are
sufflcient to show and explaln the charity's transactions and to disclose with
reasonable accuracy at any time the financial position of the Society, and to enable
them to ensure that any statements of account comply with the requirements of the
Charities Act 2011. They are also responsible ft>r safeguardlng the assets of the
charity and hence for takin8 reasonable steps for the prevention and detection of
fraud and other irregularities.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CARDIGAN COUNTY AGRICULTURALSHOW soaETY
I report to the trustees on my examlnation of the accounts of the Cardigan County Agricultural Show
Society for the period 01 January 2023 to 31 December 2023.
Responslbllltles and basls of report
As the charity trustees of the Trust you are responsible forthe preparatlon of the accounts in
accordance with the requirements of the Charities Act 20111'the Act,).
I report in respect of my examination of the Trust's accounts carrled out under section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145{5)(b) of the Act.
Independent examinees Statement
I have completed my examination. I confirm that no materlal matters have come to my attention In
connection with the examination glvlng me cause to believe that in any material respect'.-
l. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord wlth those records; or
3. the accounts do not comply with the applicable requlrements concerning the form and content of
accounts set out In the Charities (Accounts and Reports) Re8ulations 2008 other than any requirement
that the accounts glve a 'true and fair view, which Is not a matter consldered a5 part of an independent
examlnatlon.
I have no concerns and have come across no other matters In connection with the examinatlon to which
attention should be drawn In thls report in order to enable a proper understandlng of the accounts to be
reached.
D M B DAVIES LIMITED
Accountants
Broyan House
Priory Street
CARDIGAN
Ceredigion
SA43 IBZ
DATE: ........

Show Societ
Statement of Financial Activitles
ri
December 2023
Notes
General
Funds
2023
2022
INCOME
Donations and Subscriptions
Income from Agricultural Show
Investment Income
Other Income
2,654
27,204
49,710
2,116
81,684
2,654
27,204
49,710
2,116
81,684
2,650
49,293
23,891
4,461
80,295
Asset Management Fluctuation Gain
139,423
139,423
221,107
221,107
80,295
EXPENDITURE
Management and Adminlstratlon
Dlrect Charltable Expenditure
20,070
42,657
62,727
20,070
42,657
62,727
24,144
65,754
89,898
Asset Management Fluctuation Loss
226,574
316,472
62,727
62,727
NET INCOMING RESERVES
158,380
158,380
(236,177)
Total Funds Brought For4vard
2.408,890
2,408,890 2,645,067
Total Funds Carried Forward
2,567,270
2,567,270 2,408,890

Cardi
an Coun
ricultu
Balan￿ Sheet
As At 31 December 2
2023
2023
2022
2022
FIXED ASSErs:
Tangible assets
Notes
14,775
17,382
CURRENT ASSErs:
Investments
Cash at Bank and in Hand
2,356,749
196,647
2,553,396
2,169,671
237,545
2,407,216
CREDITORS: Amounts falling
due withln one year
io
901
15,708
NET CURRENT ASSETS:
2,552,495
2,391,508
TOTAL ASSETS LESS CURRENT
LIABILITIES:
2,567,270
2,408,890
FUNDS
11
2,567,270
2,408,890
Approved bythe Trustees on '0& 03. Z&W
and signed on their behalf by
( C1ALETrI
Trustee)
The notes on pages 7 to 11 form an itegral part of these accounts.

oun
ricultural Show Socie
Notes to the Accounts
l Janua
2023 to 31 December 2023
For
I ACCOUNTING POLICIES
Basls of Accountlng, These Accounts have been prepared on the basis of historic costs in
accordance with Accountln8 and Reportlng by Charities- Statement of Recommended
Practice (SORPI, wlth Accounting Standards and with the Charities Act 2011.
Income. Donations are accounted for when received by the Soclety. Other Income is
accounted for on an accrual basis as far as it is prudent to do so.
Glfts In Klnd. The Charity recelves the benefit of work carried out by volunteers, and
receives the use of some facilities and equipment without charge. No value Is placed on
these items. Where the benefSt extends over several periods, in which case they are
valued and included in the Balance Sheet at a reasonable valuatlon.
Depreclation of tangible assets Is provSded at the followin8 annual rates In order to write
off each a55et over its estimated useful Ilfe:
Plant and Equlpment
15% reducing balance
2 DONATIONS AND SUBSCRIPTIONS
Donatlons and Subscriptions include subscriptions received from members as well as
other donations.
31N
OME FROM AGRICULTURAL SHOW
023
2022
Trade Stands
Gate Recelpt5 & Catalogue Sales
Sponsorship and Advertising
Entry Fees
Field Rights and Concessions
Catalogue Sales
Misc Income
Craft and Food Hall/Horticultural Section
Welsh Gov Grant
6,553
2,272
5,924
26,855
2,122
4,338
4,500
420
1,258
1,485
2,391
49,293
4,641
5,125
2,132
2,331
250
27,204

Cardi
an Coun
ricultural Show societ
Notes to the Accounts
the Perlod 01 Janua
2023 to 31 December 2023
4 INVESTMENT INCOME
2023
Deposit Account
HSBC Premier Discretionary Management
Interest
Dividends
2,054
241
62,846
64,900
15,190
49,710
62,846
63,087
15,190
47,656
Less
Net Investment Income
HSBC Charges
5 OTHER INCOME
Show Dlnner Income
YFC Evening Event
HSBC Interest refund
Outstanding Cheques Written Back
1,841
2,620
2,116
2,116
4,461
6 MANAGEMENT AND ADMINISTRATION
General Secretary- Honorarlum
Treasurer Honorarlum
Horticulture Secretary Honorarlum
Cookery/Crafts Secretary Honorarium
Donations
Sundry Expenses: Security- Field
Bus Hire
Accountants Fees
Depreciation - Plant and Equipment
Barclaycard Fees
London Stock Exchange Identity Fee
Meeting Room - Ladies, Committee
Refunds
11,375
1,750
300
300
2,375
10,201
1.750
300
3W
7,300
350
540
3,067
1,140
2,607
117
26
78
30
228
24,144
19,990

Cardi
an Coun
how
ie
Notes to the Accounts
For the Perlod 01 Janua
2023 to 31 December 2023
2023
2022
7 DIRECT CHARITABLE EXPENDITURE
Prize Money & Floats
Hire of Tents
Refreshments
Judges Expenses {including B&B)
Public Address System
Postage
Printing, Stationery, PhotO8raphy, Cups & Rosettes
Advertlslng/Slgns
WIFI
Scaffoldin8nollets
Course Building
Affillatlon Fees
Show Ambassadors
Show Dinner
Insurances
Hlre of Fleld
Fenclng and Tree Felling- Show Field
Cookery Demo
Display Events
Show Materials/Slgns etc & Fleld Expenses/Barriers
Waste management
Cookery & Crafts
Ambulance Service
Evening Entertainment
YFC Catering
Computer/Website Expenses
Traffic Control Signs/Advice
Misc Show Expen5es- ASAO
Flowers- Display/Floral Gifts
Refunds
Sundry
4,133
(1,3661
60
289
12.059
14,808
747
1.068
2,700
306
7,273
899
316
6,665
914
1,398
450
144
300
2,183
2,281
3,000
1,062
300
300
6,309
266
465
660
200
loo
1,834
3,000
355
210
71
480
I,ioo
371
2,201
2,256
1,150
204
2,584
1,092
90
74
247
448
19,254
730
451
42,737
65,754

10
Cardl
an Coun
ricultural Show s￿le
Notes to the Accounts
For the PerSod 01 Janua
2023 to 310ecember 2023
8 INVESTMENT-
PREMIER DISCREfioNARY MANA
EMENT
31 December 2022 - Balance Brou8ht Fonvard
2,169,671
Income Received:
Interest
Dividends
62,846
62,846
15,191
Less:
Net Income
Charges
47,655
2,217.326
Valuatlon at 31 December 2023
2,356,749
Fluctuatlon Gain/(Loss) at 31 December 2023
139,423
9 TANGIBLE FIXED ASSETS
Plant and
ul
Total
COST:
At 31 December 2022
54,510
54,510
DEPRECIATION:
At 31 December 2022
Char8e for year @ 15%
At 31 December 2023
37,128
2,607
39,735
37,128
2,607
39,735
NET BOOKVALUE:
At 31 December 2023
14,775
14,775
At 31 December 2022
17,382
17,382

11
Cardi
an
un
ural Show Socie
Notes to the Acc
01 Janua
2023 to 31 De
unts
or th Peri
10 CREDITORS: Amount5 Fallln
Due Wlthin One Year
2023
2022
Trade creditors
Accrued expenses
14,808
900
15,708
901
901
11 FUND
GENERAL
202
2022
FUND£
At 31 December2022
Incoming Resource for the Year
Outgolng Resources for the Year
At 31 December 2023
2,408,890
221,107
162,7271
2,567,270
2,408,890
221,107
162,7271
2,567,270
2,645,067
80,295
1316,472)
2,408,890
Represented by:
202
2022
Tanglble Assets
Net Current As5et5
14,775
2,552,495
2,567,270
17,382
2,391,508
2,408,890
12 COMMITMENTS AND CONTINGENT LIABILITIES
In the opinion of the Trustees, there are no commitments and Contlngent Llabllities
in existence at the year end.