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CARDIGAN COUNTY AGRICULTURAL SHOW 50CIErY
ANNUAL REPORT AND ACCOUNTS
FOR THE PERIOD 01 JANUARYTO 31 DECEMBER 2024
CHARITY COMMISSION REFERENCE NUMBER 509960
D M B DAVIES LIMITED
ACCOUNTANTS

CARDIGAN COUNTY AGRICULTURAL SHOW SOCIErY
NTEN
PA
Page
Trustees Report
Slgnlflcant Information
Trustees, Responsibllity for the Accounts
Independent Examinels Report to the Trustee5
Statement of Financial Activities
Balance Sheet
7-11
Notes to the Accounts

CARDIGAN COUNTY A
Rl
LT
RAL
OCIETY
TRUSTEES. REPORT
The Trustees present their report and the Accounts for the period 01 January to 31 December 2024.
Develo
ents Actlvitles and Achlevements durln
the
ar
The Trustees would like to thank the volunteers who help to make the Annual Show such a success,
these include field stewards, gate stewards, car parking stewards, organlsers of the Cookery, Craft
and Hortlculture competitions. The Trustees also appreciate the loan of machinery and equipment
from Show Committee Members and the local farmlng community.
Flnanclal Artlvltles and Affalrs
The Trustees are satlsfied with the Financial Results for the period 01 January to 31 December 2024.
A surplus of £232,641 wa5 shown for the year. Thls was made up of £62,357 from investment
income, £6,346 from other income, and a fluctuation gain of £213,312 in respect of the investments
made with HSBC Premler Dlscretlonary Management Portfolio.
Annual expendlture had remalned under control and it is proposed to keep costs to a minimum for
the immediate future.
Approved by the Trustees on lè 03 ZOZS
and signed on thelr behalf by:
(SIGNATURE)
ISEcRETARY/DJREET0R}.￿f￿￿.1M....tr￿
(NAME)

CHARITY COMMISSION REFEREN
E NUMBER: 5099
CARDIGAN COUNTY AGRICULTURAL
W SOCIETY
SIGNIFICANT INFORMATI
The Association was establlshed 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 eradlcatlon of
diseases in animals useful to man and in particular in the area of Cardigan and District.
RESIDENT:
Mr Morlais Davles, Penparc.
OFFICERS:
Chalrman:
Mr Mark Jukes, Cardigan
General Secretary: Mrs Delyth Williams, Neuaddlwyd Uchaf, Ciliau Aeron, Lampeter
and
Mlss Angharad Davles, Bwthyn Y Wennol, 7 Clos Y Gvryddil, Ferwig.
Treasurer:
Mrs Margaret Morris, Penrallt, Llechryd, Cardigan.
TRUSTEES:
Mr E Edwards, Awel Y Frenni, Crymych;
Mr LJones, Ty Gwyn, Ferwlg, Cardigan;
Mr G Lewls, Frondeg, Ferwig, Cardlgan;
Mr J J Williams, Harddfan, Ferwig Road, Cardigan;
Mr W A J Evans, Rhostwrach, Brynberian, Crymych.
ADVISERS
Bankers: Barclays Bank plc, High Street, Cardigan.
Accountsnts: D M B Davies, Broyan House, Priory Street, Cardigan, Ceredlglon, SA43 IBZ.
Sollcitors: Messrs Geor8e Davies and Evans, Grosvenor Hill, Cardigan.

RDIGAN COUNTY AGRIC
RAL
HOW SOCIETY
TRUSTEES. RESPONSIBILITY FOR THE ACCOUNTS
Charity Law requires the trustees to prepare financial accounts for each financial
year whlch give a true and fair view of the state of affairs of the charity and of its
incomin8 resources and appllcation of resources for that period. In preparing those
financial accounts the trustees are required to:
select suitable accounting pollcies and apply them consistently;
make Judgements and estimates that are reasonable and prudent;
prepare the flnanclal accounts on the going concern basls unless It Is Snappropriate
to presume that the charlty wlll contlnue in operation;
to value assets and liabllltles In accordance with the Statement of Recommended
Practice Accounting by Charities.
The Trustees are responslble for keeplng proper accounting records whlch are
sufflclent to show and explain the charity's transactions and to dlsclose with
reasonable accuracy at any tlme the financlal position of the Society, and to enable
them to ensure that any statements of account comply wlth the requirements of the
Charities Act 2011. They are also responsible for safeguarding the assets of the
charity and hence for taking reasonable steps for the prevention and detettion of
fraud and other Irregularities.

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
CARDIGAN COUNTY AGRICULTU
I report to the trustees on my examination of the accounts of the Cardigan County Agricultural Show
Society for the period 01 January to 31 December 2024.
Responsibllltles and basls of report
As the charity trustees of the Trust you are responsible for the preparatlon of the accounts in
accordance with the requirements of the Charltie5 Act 2011 {'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 examlnatlon I have followed all the applicable Directions given by the Charlty
Commission under section 145{5llb) of the Act.
Independent examlnerfs ststement
I have completed my examinatlon. I conflrm that no materlal matters have come to my attentlon In
connection with the examination giving me cause to believe that in any materlal respect:_
l. accountlng records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair view, whSch is not a matter considered as part of an independent
examlnatlon.
I have no concerns and have come across no other matters in connection with the examlnatlon to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
D M B DAVIES LIMITED
Accountants
Broyan House
Priory Street
CARDIGAN
Ceredigion
SA43 IBZ
DATE: ........................................

Cardl
n Coun
culiural Show Socie
Statement of Flnanclal Artlvltles
For the Period
ljanua
l December 2024
Notes
General
Funds
2024
2023
INCOME
Donations and Subscrlptions
Income from Agricultural Show
Investment Income
Other Income
2,165
61,178
62,357
6,346
132,046
2,165
61,178
62,357
6.346
132,046
2,654
27,204
49,710
2,116
81,684
Asset Management Fluctuation Gain
213,312
213.312
139.423
345,358
345,358
221,107
EXPENDITURE
Management and Admlnlstratlon
Dlrect Charitable Expendlture
30.635
82,082
112,717
30,635
82,082
112,717
20,070
42,657
62,727
Asset Management Fluctuation Loss
112,717
112,717
62,727
NET INCOMING RESERVES
232.641
232,641
158,380
Total Funds Brou8ht Forward
2,567,270
2,567,270 2,408,890
Total Funds Carried Forward
2,799,911
2,799,911 2,567,270

Cardi
an Coun
Itural Show Socie
Balance Sheet
At 31 December 2
24
2024
2024
2023
2023
FIXED ASSETS:
Tangible assets
Notes
12,559
14,775
CURRENT ASSErs:
Investments
Cash at Bank and in Hand
Trade debtors
2,629,668
160,463
80
2,790,211
2,356,749
196,647
2,553,396
CREDITORS: Amounts falling
due within one year
10
2,859
901
NEf CURRENT ASSETS:
2,787,352
2,552,495
TOTAL ASSETS LESS CURRENT
LIABILITIES:
2,799,911
2,567,270
FUNDS
11
2,799,911
2,567,270
Approved by the Trustees on 13 . 07J . Ztszs
and si8ned on their behalf by
i*/ro< Trustee)
The notes on pages 7 to 11 form an itegral part of these accounts.

Cardi
an
un
ricultural Show Soci
Notes to the Accounts
r the Period 01 Jan
l December 2024
I ACCOUNTING POLICIES
Basls of Accountlng. These Accounts have been prepared on the basis of historic costs in
accordance wlth Accounting and Reporting by Charities- Statement of Recommended
Practlce {SORP), with Accounting Standards and wlth the Charities Act 2011.
Income. Donations are accounted for when recelved by the Society. Other Income is
accounted for on an accrual basis as far as it is prudent to do so.
Gifts In Kind. 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 beneflt extends over several periods, in whlch case they are
valued and included in the Balance Sheet at a reasonable valuation.
Depreclatlon of tangible assets is provlded at the following annual rates in order to wrSte
off each asset over Its estimated useful Ilfe:
Plant and Equipment
15% reducin8 balance
2 DONATIONS AND SUBSCRIPTIONS
Donations and Subscriptions include subscriptions received from members as well as
other donations. Special mention to donations recelved from:
Presldent Mr & Mrs Morlais Davles
£500
- Town Mayor Mlss Olwen Davies
£50
Mr Gerallt Davies
£150
3 INCOME FROM AGRICULTURAL SHOW
2024
2023
Trade Stands
Gate Receipts
Sponsorship and Advertising
Entry Fees
Field Rights and Concesslons
Misc Income
Craft and Food Hall/Hortlcultural Section
Welsh Gov Grant
7,261
35,521
2,855
4,295
7,200
400
6,553
2,272
3,900
4,641
5,125
2,132
2,331
250
27,204
3,646
61,178

Cardl
n Count A rlcultural Show Societ
Notes to the Accounts
For the Period 01 Janua
l December 2024
4 INVESTMENT INCOME
2024
2023
Deposit Account
HSBC Premier Discretionary Management
Interest
Dividends
2,750
2.054
74,638
77,388
15,031
62,357
62,846
64,900
15,190
49,710
Less
Net Investment Income
HSBC Charges
5 OTHER INCOME
Show Dlnner Income
YFC Evenln8 Event
HSBC Interest refund
Outstanding Cheques Written Back
2,200
4,146
2,116
6,346
2,116
6 MANAGEMENT AND ADMINISTRATION
General Secretary- Honorarium
Treasurer Honorarlum
Horticulture Secretary Honorarium
Cookery/Crafts Secretary Honorarium
Donatlons
Sundry Expenses.. Security- Field
Bus Hire
Accountants Fees
Depreciation - Plant and Equlpment
London Stock Exchange Identity Fee
Meetin8 Room - Ladies, Committee
13,000
2,000
350
350
9,495
1,644
350
1,170
2,216
11,375
1,750
300
300
2,455
1,140
2,607
117
26
20,070
60
30,635

Cardi
an Coun
ricu
Show Socie
Notes to the Accounts
For the Perlod 01 Janua
to 31 December 2024
2024
2023
7 DIRECT CHARITABLE EXPENDITURE
Prize Money & Floats
Hlre of Tents (2 years)
Refreshments
Judges Expenses (includlng B&B)
Public Add￿55 System
Postage
Printing, Stationery, Photography, Cups & Rosettes
Advertlslng/Signs
Scaffoldingnoilets
Course Building
Afflllatlon Fees
Show Ambassadors
Show Dinner
Insurances
Hire of Field
Display Events
Show Materlals/Signs etc & Field Expenses/Barriers
Waste management
Cookery & Crafts
Ambulance Service
Evening Entertainment
YFC Catering
Computer/Website Expenses
Traffic Control Signs/Advlce
Misc Show Expenses
Flowers- Display/Floral Gifts
Refunds
Catering
Sundry
R&R
13,672
23,344
4,133
11,366}
1,326
2,800
227
289
316
6,665
914
4,007
1,365
2,160
465
357
465
660
2(Kl
100
1,834
3,000
2,325
1,652
3,000
800
10,248
300
355
210
71
2,340
1,360
346
5,319
1,322
1,100
371
2,201
247
448
19,174
186
1,150
2,011
730
82,082
42,657

10
Cardi
an Coun
Itural Show Socie
Notes to the Accounts
F r the Period 01 Janua
to31De
mber 2024
8 INVESTMENT- HSBC PREMIER DISCREfioNARY MANAGEMENT
31 December 2023 - Balance Brought Forward
2,356,749
Income Recelved:
Interest
Dividends
74,638
74,638
15.031
Less:
Charges
Net Income
59,607
2,416,356
Valuation at 31 December 2024
2,629,668
Fluctuation Galn/lLoss) at 31 December 2024
213,312
9 TANGIBLE FIXED ASSETS
Plant and
Total
COST:
At 31 December 2023
54,510
54,510
DEPRECIATION:
At 31 December 2023
Charge for year @ 15%
At 31 December 2024
39,735
2,216
41,951
39,735
2,216
41,951
NET BOOK VALUE:
At 31 December 2024
12,559
12,559
At 31 December 2023
14,775
14,775

11
Cardl
n Count A rlcultural Show Socle
Notes to the Accoun
For the Perlod 01 Januar
to 31 December 2024
10 CREDITORS: Amounts Fallln
Due Wlthln One Year
2024
2023
Trade creditors
Accrued expenses
1,958
901
2,859
901
901
11 FUNDS
GENERAL
FUND £
2024
2023
At 31 December 2023
Incoming Resource for the Year
Outgoing Resources for the Year
At 310ecember 2024
2,567,270
345,358
(112,717}
2,799,911
2,567,270
345,358
1112,7171
2,799,911
2,408,890
221,107
162,7271
2,567,270
Represented by:
2024
2023
Tangible Assets
Net Current Assets
12,559
2,787,352
2,799,911
14,775
2,552,495
2,567,270
12 COMMITMENTS AND CONTINGENT LIABILITIES
In the opinion of the Trustees, there are no commitments and Contingent Liabllities
in exlstence at the year end.

un
ri
Breakdown of Ex
enses- Period 01 Janua
to 31 December 2024
Donations
2024
2023
Eglwyswrw YFC
Penparc YFC
Hermon YFC
Cardigan RFC
Hamper
Aberporth Dog Agility
St Dogmaels Sheepdog Society
D WS11iams
Victoria Thomas- Dreams Dance
Tir Dewi
RL & DL Davies
Ysgol Cenarth
WJG & DM Phillips
RWAS
Total donations
1,000
1,000
1,000
800
95
200
350
350
350
250
loo
200
80
75
200
200
300
100
3CK)
9,495
2,455