| Legal and administrative information .. Members ofCouncil, Trustees, Committees and Subsidiaries Trustees' Report . Independent auditors' report Consolidated statement offinancial activities Consolidated and Society balance sheets ..................„ Consolidated Statement of cashflows . Accounting policies. . Notes to the financial statements . |
1 2-4 5-16 ..... 17-20 21 ... .......22 .......23 .....24-28 ......28-45 |
|---|---|
| Yorkshire Agricultural |
Socie | Socie | ty (Reg. no. 01666751) | |
|---|---|---|---|---|
| Charlie Forbes Adam, Skipwith, York |
(retired | May 2022) | 2022 | |
| Leanne Forde, York | 2024 | |||
| Angus Gowthorpe, Escrick |
2023 | |||
| Nick Grayson, Rotherham |
2023 | |||
| James Johnson, Ripon |
2025 | |||
| John North, Giggleswick | 2024 | |||
| Paul Russell, Malton |
||||
| Molly Sadler, Halsham, Hull |
2024 | |||
| Hugh Shedden, Shipton by Beningbrough, |
York | 2023 | ||
| Bradley Sykes, Pontefract | 2024 | |||
| Tim Whitaker, Askham Bryan College |
ex-officio | |||
| Bill Meredith, Bishop Burton College |
ex-officio | |||
| Rob Edwards, Newcastle upon Tyne |
ex-officio | |||
| Harrogate Borough Council representatives |
||||
| Margaret Atkinson, Kirkby Malzeard, |
Ripon | (deceased December 2022) | HBC | |
| Victoria Oldham, Otley |
HBC | |||
| North Yorkshire County Council representative | ||||
| Vacancy | NYCC | |||
| Yorkshire Federation ofYoung Farmers |
Clubs | |||
| Tim Weatherhead, Galphay, Ripon |
2024 |
| Current | membership | is as follows: | is as follows: | Meeting | Attendance | 2022 | End ofcurrent |
|---|---|---|---|---|---|---|---|
| Possible | Actual | 3-year term | |||||
| Rob Copley (Chair) | 5 | 2025 | |||||
| Henry Chadwick (Co-opted) |
5 | 2024 | |||||
| James | Cooper | 3 | 2025 | ||||
| Charlie | Forbes Adam | (retired | May | 2022)2 | 2022 |
| kshire Agricultural Society (Reg. no. |
01666751) |
|---|---|
| Peter Molyneux | 2024 |
| John North | 2026 |
| Richard Rusby (Co-opted) | 2024 |
| Paul Russell | 2023 |
| Christine Thompson |
2023 |
| Ex-Officio: | |
| Charles Mills —Show Director |
N/A |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| f. | E | E | E | ||||||
| Income from: | |||||||||
| Donations, legacies and grants |
356 | 107,609 | 107,965 | 1,221,550 | 24,860 | 1,246,410 | |||
| Income from other trading | |||||||||
| Activities: | |||||||||
| Commercial trading operations |
6,335,773 | 6,335,773 | 5,669,585 | 5,669,585 | |||||
| Other showground income |
269,399 | 269,399 | 220,698 | 220,698 | |||||
| Income from Charitable | |||||||||
| Activities: | |||||||||
| Income from Agricultural | Shows | 4,179,577 | 4,179,577 | 2,564,349 | 2,564,349 | ||||
| Membership Subscriptions |
460,571 | 460,571 | 331,894 | 331,894 | |||||
| Income from Investments | 4O1,O81 | 401,081 | 323,396 | 323,396 | |||||
| Total income | 2 | 11,646,757 | 107,609 | 11,754,366 | 10,331,472 | 24,860 | 10,356,332 | ||
| Expenditure on: |
|||||||||
| Commercial trading operations |
6,257,309 | 6,257,309 | 5,228,845 | 5,228,845 | |||||
| Other showground expenses |
141,573 | 141,573 | 109,522 | 109,522 | |||||
| Investment management |
costs | 80,692 | 80,692 | 76,307 | 76,307 | ||||
| Expenditure on Charitable |
activities: | ||||||||
| Expenditure for agricultural |
3,972,162 | 3,972,162 | 3,068,372 | 3,068,372 | |||||
| shows | |||||||||
| Membership services |
234,280 | 234,280 | 186,187 | 186,187 | |||||
| Other Charitable activities |
4,6 | 426,826 | 42,383 | 469,209 | 245,268 | 42,073 | 287,341 | ||
| Total expenditure | 3 | 11,112,842 | 42,383 | 11„155,225 | 8,914,501 | 42,073 | 8,956,574 | ||
| Net Income I(Expenditure) | before | 9 | 533,915 | 65,226 | 599,141 | 1,416,971 | (17,213) | 1,399,758 | |
| investment gains |
|||||||||
| Net (losses) / gains on | 12 | (1,683,400) | (1,683,400) | 1,610,210 | 1,610,210 | ||||
| I v |
|||||||||
| Net Income I(Expenditure) | for the | (1,149,485) | 65,226 | (1,084,259) | 3,027,181 | (17,213) | 3,009,968 | ||
| year | |||||||||
| Reconciliation offunds |
|||||||||
| Total funds brought forward |
34,212,671 | 353,814 | 34,566,485 | 31,185,490 | 371,027 | 31,556,517 | |||
| Total funds carried forward | 16 | 33,063,186 | 419,040 | 33,482,226 | 34,212,671 | 353,814 | 34,566,485 | ||
| 19 |
| Notes | Group 2022 |
Group 2021 |
Society 2022 |
Society 2021 |
|||
|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||
| Tangible fixed assets | 21,831,365 | 22,440,291 | 21,745,081 | 22,360,635 | |||
| Investments | 12,531,850 | 14,272,871 | 12,581,851 | 14,322,871 | |||
| Investment | Property | 12 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | |
| 35,463,215 | 37,813,162 | 35,426,932 | 37,783,506 | ||||
| Current assets | |||||||
| Stocks | 13 | 150,614 | 156,263 | 3,151 | 3,012 | ||
| Debtors | 14 | 578,994 | 567,336 | 1 163041 | 1 191873 | ||
| Cash at bank and in hand |
2,244,208 | 2,109,676 | 532786 | 435,536 | |||
| 2,973,816 | 2,833,275 | 1,698,978 | 1,630,421 | ||||
| Creditors -amounts falling due within one |
15 | (2,429,090) | (2,528,752) | (1,127,254) | (1,3Q5 5QQ) | ||
| year | |||||||
| Net current | assets/(liabilities) | 544,726 | 304,523 | 571,724 | 324,921 | ||
| Creditors - falling due |
amounts after one year |
16 | (2,525,715) | (3,551,200) | (2,525,715) | (3,551,200) | |
| Net assets | 33,482,226 | 34,566,485 | 33472 941 | 34557227 | |||
| Funds | |||||||
| Unrestricted funds (includes revaluation |
19 | 33,063,186 | 34,212,671 | 33,053,901 | 34,203,413 | ||
| reserve ofE3,090,754) | |||||||
| Restricted funds | 18/19 | 419,040 | 353,814 | 41»040 | 353,814 | ||
| Total funds | 33,482,226 | 34,566,485 | 33,472,941 | 34,557,227 | |||
| The financial | statements | on | Pages 21 to 45were aPProved | by the Trustees on | ..... ..'.......'.„. . , $$ .0 7 ~ |
, and were | |
| signed on its | behalf by: |
| Note | 2022 | 2022 | 2021 | 2021 | ||
|---|---|---|---|---|---|---|
| f | f | f | ||||
| Cash Provided by operating |
24 | 1,465,067 | 2,584,340 | |||
| activities | ||||||
| Cash flows from investing | ||||||
| activities: | ||||||
| Dividends and interest received |
401,081 | 323,396 | ||||
| Purchase of plant, property | and | (420,184) | (124,053) | |||
| equipment | ||||||
| Sale of Fixed assets | 18,839 | |||||
| Decrease in cash within |
18,221 | |||||
| Investments. | ||||||
| Purchase of investments | (2,138,038) | |||||
| Proceeds from sale of investments | 39,400 | 437,344 | ||||
| Cash Provided by I(used investing activities |
in) | 38,518 | (1,482,512) | |||
| Cash Flows from financing | ||||||
| activities: | ||||||
| Repayment of Bank Loans |
(1,369,053) | (1,062,500) | ||||
| Cash (used in) financing activities |
(1,369,053) | (1,062,500) | ||||
| Increase in cash and cash |
134,532 | 39,328 | ||||
| equivalents in the year |
||||||
| Cash and cash equivalents | at the | 2,109,676 | 2,070,348 | |||
| beginning ofthe year |
||||||
| Total cash and cash equivalents | 2,244,208 | 2,109,676 | ||||
| at the end ofthe year | ||||||
| Analysis ofchanges in net debt- |
||||||
| gl'OUP | ||||||
| Cash at bank and in hand |
2,244,208 | 2,109,676 | ||||
| Borrowing excluding overdrafts |
(2,823,447) | (4,192,500) | ||||
| (579,239) | (2,082,824) |
| Unrestricted funds |
Restricted funds |
Total | Unrestricted funds |
Restricted funds |
Total | ||
|---|---|---|---|---|---|---|---|
| Income from generated | funds: | ||||||
| Donations, legacies and grants |
356 | 107,609 | 107,965 | 1,031,270 | 24,860 | 1,056,130 | |
| Coronavirus Job Retention |
Scheme | 190,280 | 190,280 | ||||
| 356 | 107,609 | 107,965 | 1,221,550 | 24,86p | 1 246 41p | ||
| Income from trading activities: | |||||||
| Yorkshire Event Centre Limited income |
6,335,773 | 6,335,773 | 5,669,585 | 5,669,585 | |||
| Other showground income |
269,399 | 269,399 | 220,698 | 220,698 | |||
| Income from charitable activities: | |||||||
| Show admissions | 2,101,144 | 2,101,144 | 1,262,365 | 1,262,365 | |||
| Show livestock income | 246,486 | 246,486 | 176,395 | 176,395 | |||
| Show trade stand income | 1,069,359 | 1,069,359 | 739,472 | 739,472 | |||
| Show sponsorship and |
334,998 | 334,998 | 166,591 | 166,591 | |||
| advertising | |||||||
| Show catering premiums |
245,759 | 245,759 | 171,918 | 171,918 | |||
| Other show income | 181,831 | 181,831 | 47,608 | 47,608 | |||
| 4,179,577 | 4,179,577 | 2,564,349 | 2,564,349 | ||||
| Membership Subscriptions |
460,571 | 460,571 | 331,894 | 331,894 | |||
| Income from investments | 401,081 | 401,081 | 323,396 | 323,396 | |||
| 11,646,757 | 107,609 | 11,754,366 | 10,331,472 | 24 860 | 10356 332 |
| 3. Analysis |
oftotal expe | nditure | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| Expenditure on |
trading | ||||||
| activities: | |||||||
| Yorkshire Events |
Centre Limited | 4,954,714 | 4,954,714 | 4,187,325 | 4,187,325 | ||
| expenditure, (Note 8) |
|||||||
| Expenditure on |
charitable | ||||||
| activities: | |||||||
| Show site costs | 643,792 | 643,792 | 476,018 | 476,018 | |||
| Show personnel | costs | 768,961 | 768,961 | 684,277 | 684,277 | ||
| Show displays | 264,482 | 264,482 | 132,597 | 132,597 | |||
| Show prize money | 245,222 | 245,222 | 177,861 | 177,861 | |||
| Show printing and publicity |
229,159 | 229,159 | 110,282 | 110,282 | |||
| Show permanent | staff costs | 205,256 | 205,256 | 179,255 | 165,482 | ||
| Show sundries | 134,861 | 134,861 | 60,410 | 60,410 | |||
| 7,446,447 | 7,446,447 | 6,008,025 | 6,008,025 | ||||
| Other Charitable | Activities | 324,087 | 42,383 | 366,470 | 165,340 | 42,073 | 207,413 |
| Direct costs | 7,770,534 | 42,383 | 7,812,917 | 6,173,365 | 42,073 | 6,215,438 | |
| Support costs (Note 4) | 3,342,308 | 3,342,308 | 2,741,136 | 2,741,136 | |||
| Total expenditure | 11,112,842 | 42,383 | 11,155,225 | 8,914,501 | 42,073 | 8,956,574 |
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| 6. Analysis of Othe |
6. Analysis of Othe |
r | Chari | Chari | table | Activities (unre | stricted funds) |
||
|---|---|---|---|---|---|---|---|---|---|
| 1. Organising Educational |
Events | 2022 f |
2021 f |
||||||
| ~ Events |
104,245 | 74,930 | |||||||
| ~ Primary |
141,509 | 50,886 | |||||||
| ~ Secondary/Apprentice |
15,973 | 12,519 | |||||||
| 2. Supporting Other Organisations |
and Individuals | 11,911 | 11,109 | ||||||
| 3. Personal Development |
of | Individuals | 59,476 | 43,516 | |||||
| 4. Knowledge Transfer |
24,786 | 13,020 | |||||||
| 5. Supporting the Agricultural |
Industry | 68,926 | 39,288 | ||||||
| Total | 426,826 | 245,268 | |||||||
| Payable | Grants | ||||||||
| Other Charitable Activities includes |
the following | grants payable: | |||||||
| 2022f | 2021f | ||||||||
| Institutional grants |
|||||||||
| Nuffield Farming Scholarship |
Trust | 16,500 | 13,000 | ||||||
| Yorkshire Rural Support |
Network | 15,000 | 13,000 | ||||||
| Yorkshire Federation ofYoung |
Farmers Clubs | 12,257 | |||||||
| Saint Matthews School |
1,000 | ||||||||
| Heeley City Farm | 1,000 | ||||||||
| Cadng For Life | 1,500 | ||||||||
| Westfield Primary |
1,454 | ||||||||
| Carr Junior School | 1,417 | ||||||||
| Country Trust | 3,490 | ||||||||
| Robert Wilkinson Primary |
1,000 | ||||||||
| Manor CE Academy | 1,000 | ||||||||
| Oldfield Primary |
1,550 | ||||||||
| Read School | 1,000 | ||||||||
| Wellburn Hall School |
1,000 | ||||||||
| Kings Mill School |
1,000 | ||||||||
| Chillingham Wild Cattle Association |
1,000 | ||||||||
| Ingleby Manor School | 2,000 | ||||||||
| Open Country | 2,000 | ||||||||
| Worshipful Company ofFarmers |
—delegate | 2,000 | |||||||
| Whirlow Hall Farm Trust |
2,000 | ||||||||
| Little Crickets Nursery | 1,000 | ||||||||
| Other grants payable (11 | paid | in 2022) | (10in 2021) | 4,334 | 4,850 | ||||
| Total Grants Payable | 61,502 | 43,850 |
| summary ofthe fina |
ncial | activities undertaken by the |
charity alone is set out below: | |
|---|---|---|---|---|
| 2022 | 2021 | |||
| Gross income | 6,136,530 | 5,609,817 | ||
| Gross expenditure | (5,537,416) | (4,210,121) | ||
| Net income | 599,114 | 1,399,696 | ||
| (Losses) /Gains on |
investments | (1,683,400) | 1,610,210 | |
| Net movement offunds |
in year | (1,084,286) | 3,009,906 | |
| Total funds brought |
forward | 34,557,227 | 31,547,321 | |
| Total funds carried | forward | 33,472,941 | 34,557,227 | |
| Represented By: |
||||
| Restricted funds | 419,040 | 353,814 | ||
| Unrestricted funds |
33,053,901 | 34,203,413 | ||
| Total funds | 33,472,941 | 34,557,227 |
| Summary of profit and loss |
Summary of profit and loss |
account | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Turnover | 6,477,981 | 5,71g,630 | ||||
| Coronavirus Job Retention |
Scheme | 107,157 | ||||
| Cost ofsales and | administrative expenses |
(6,014,258) | (5,009321) | |||
| Net profit | 463,723 | 817,466 | ||||
| Gift Aid donation | to Yorkshire | Agricultural | Society | (463,700) | (817,400) | |
| Profit for the financial year |
23 | 66 | ||||
| The assets and | liabilities of | the subsidiary | were | |||
| Fixed assets | 86280 | 7g 672 | ||||
| Current assets | 1,421,122 | 1,74g g14 | ||||
| Current liabilities |
(1,456,706) | (1,778,g13) | ||||
| Total net assets | 50,696 | 50,673 | ||||
| Aggregate share |
capital and | reserves | 50,696 | 50,673 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Summary ofprofit and |
loss | account | |||||
| Turnover | 1,834,380 | 1,124,232 | |||||
| Cost ofsales | (724,119) | (538028) | |||||
| Gross profit | 1,110,261 | 586,204 | |||||
| Administrative expenses |
(81,182) | (71,145) | |||||
| Net profit | 1,029,079 | 515,059 | |||||
| Gift Aid donation | to Yorkshire | Agricultural | Society | (1,029,079) | (515059) | ||
| Profit for the financial | year | ||||||
| The assets and | liabilities of | the subsidiary | were | ||||
| Current assets | 926,503 | 536,355 | |||||
| Current liabilities |
(917,903) | (527,755) | |||||
| Total net assets | 8,600 | 8600 | |||||
| Aggregate share capital and | reserves | 8,600 | 8600 |
| 9 | . Net |
mov | ements in f |
unds | outstanding | ||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| The net | movement in funds |
for the | year is stated after charging | ||||
| Depreciation of |
tangible fixed | assets | 1,029,110 | 1 039101 | |||
| Auditors' | remuneration for |
||||||
| -Audit | 18,900 | 16,100 | |||||
| - Other services | (Taxation) | 1,900 | 1,700 | ||||
| Value of | interest | paid (included | within | support costs) | 120,387 | 84,196 | |
| Operating | lease | charges | 19,505 | 21,396 | |||
| Of | the total | audit fee E9,900(2021: L'8,360) related to the Society, |
| 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|
| Number | Number | |||||||
| The average number | ofpersons | employed | by the | group (inclusive of | ||||
| part time employees) | during | the | year was | as follows | ||||
| Administration | 38 | 37 | ||||||
| Manual | 51 | 44 | ||||||
| Total employed | 89 | 81 | ||||||
| Casual employees, | averaged | over | the year, | numbered | 41 (2021:42). | |||
| 2022f | 2021 F. |
|||||||
| The aggregate payroll |
costs | ofboth full time and casual employees | ||||||
| were as follows | ||||||||
| Wages and salaries | 2,710,373 | 2271 962 | ||||||
| Social security costs | 243,843 | 192,226 | ||||||
| Pension contributions | 346,023 | 316,285 | ||||||
| 3,300,239 | 2,780,473 | |||||||
| The earnings ofthree employees, |
exceeded F60,000as | follows: | ||||||
| 2022 | 2021 | |||||||
| Number | Number | |||||||
| f 60,000-f70,000 | ||||||||
| f 70,000 - f80,000 | ||||||||
| f 80,000 - f90,000 | ||||||||
| f110,000 - F120,000 | ||||||||
| F130,000 - F140,000 |
| 1. Tangible f | ixed ass | ets | ||||
|---|---|---|---|---|---|---|
| Freehold | land | Showground | Vehicles and | Regional | Total | |
| facilities | equipment | Agricultural | ||||
| Centre | ||||||
| ~Grou | ||||||
| Cost | ||||||
| At 1 January | 814,794 | 28,913,645 | 1,488,291 | 4,724,602 | 35,941,332 | |
| 2022 | ||||||
| Additions | 148,551 | 269,536 | 2,097 | 420,184 | ||
| Disposals | (10,974) | (41,748) | (25,747) | (78,469) | ||
| At 31 | 814,794 | 29,051,222 | 1,716,079 | 4,700,952 | 36,283,047 | |
| December 2022 | ||||||
| Depreciation | ||||||
| At 1 January | 10,774,031 | 1,314,737 | 1,412,273 | 13,501,041 | ||
| 2022 | ||||||
| Charge for the | 826,552 | 111,460 | 91,098 | 1,029,110 | ||
| year | ||||||
| Disposals | (10,974) | (41,748) | (25,747) | (78,469) | ||
| At 31 | 11,589,609 | 1,384,449 | 1,477,624 | 14,451,682 | ||
| December 2022 | ||||||
| Net book value | ||||||
| At 31 | 814,794 | 17,461,613 | 331,630 | 3,223,328 | 21,831,365 | |
| December 2022 | ||||||
| At 1 January | 814,794 | 18,139,614 | 173,554 | 3,312,329 | 22,440,291 | |
| 2022 |
| 11 Tangible |
Fixed Asse | ts (continued) | |||
|---|---|---|---|---|---|
| Freehold land |
Showground facilities |
Vehicles and equipment |
Regional Agricultural |
Total | |
| r:antra | |||||
| ~societ | |||||
| Cost | |||||
| At 1 January 2022 | 814,794 | 28,913,646 | 1,028,622 | 4,724,604 | 35481 666 |
| Additions | 148,550 | 222,597 | 2,090 | 373,237 | |
| Disposals | (10,974) | (41,748) | (25,747) | (78,469) | |
| At 31December 2022 |
814,794 | 29,051,222 | 1,209,471 | 4,700,947 | 35,776434 |
| Depreciation | |||||
| At 1 January 2022 | 10,774,031 | 934,739 | 1,412,261 | 13,121,031 | |
| Charge for the | 826,552 | 71,129 | 91,110 | 988,791 | |
| year | |||||
| Disposals | (10,974) | (41,748) | (25,747) | (78,469) | |
| At 31 December 2022 |
11,589,609 | 964,120 | 1,477,624 | 14,031353 | |
| Net book value | |||||
| At 31December 2022 |
814,794 | 17,461,613 | 245,351 | 3,223,323 | 21,745,081 |
| At 1 January 2022 | 814,794 | 18,139,615 | 93883 | 3312343 | 22 360635 |
| 12. Fixed asset investme |
nts | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Group | ||||||
| Listed investments | ||||||
| Market value as at 1 January 2021 | 14253 608 | 11212689 | ||||
| Additions | 2,120,053 | |||||
| Disposal proceeds | (39,400) | (409,344) | ||||
| Net investment (losses) Igains |
(1,683,400) | 1,330,210 | ||||
| Market value at 31 December | 2022 | 12,530,808 | 14,253,608 | |||
| Historical cost at 31 December 2022 | 10,539,012 | 10573 141 | ||||
| Listed investments are represented |
by | |||||
| Listed investments | 12,530,808 | 14,253,608 | ||||
| Total listed investments | 12,530,808 | 14,253,608 | ||||
| Cash deposits | 1,042 | 19,263 | ||||
| Investment Property (see below) |
1.100,000 | 1,100,000 | ||||
| 13,631,850 | 15,372,871 | |||||
| UK Investment Property |
||||||
| The | Society and the Group | |||||
| 2022 | 2021 | |||||
| 6 | 6 | |||||
| Market Value at 31 December | 2022 | 1,100,000 | 1,100,000 | |||
| The investment properties comprise two cottages which sit on |
the perimeter | ofthe showground and |
these were | |||
| re-valued by a local estate agent |
in November 2021, resulting | in the recognition | ofa gain totalling | L'280,000 |
| Group | Group | Society | Society | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||||||
| Goods | for | resale, | bar | and | fuel | stock | 150,614 | 156,263 | 3,151 | 3,012 |
| Group 2022 |
Group 2021 |
Society 2022 |
Society 2021 |
||
|---|---|---|---|---|---|
| Trade debtors | 475,923 | 463,472 | 13,509 | 21,622 | |
| VAT | 122,313 | 60,164 | |||
| Prepayments | and accrued income | 103,071 | 102,536 | 76,762 | 78,552 |
| Amounts due |
from group undertakings | 950,457 | 1,030,207 | ||
| Other debtors | 1,328 | 1,328 | |||
| 578,994 | 567,336 | 1,163,041 | 1 1g1 873 |
| 5. Cre |
dito | rs —Amounts fallin |
g due within one | year | ||
|---|---|---|---|---|---|---|
| Group 2022 |
Group 2021 |
Society 2022 |
Society 2021 |
|||
| Trade creditors | 312,825 | 326,254 | 177 399 | 82 041 | ||
| Other taxation | and social security | 65,084 | 65,403 | 65,084 | 65,403 | |
| VAT | 121,200 | 124,775 | ||||
| Accruals | 438,713 | 407,057 | 328,595 | 2g2 363 | ||
| Receipts | in advance | |||||
| -Show | 316,660 | 287,566 | ||||
| -Subscriptions | 258,444 | 224,393 | 258,444 | 224,393 | ||
| - Commercial | operations | 618,432 | 452,004 | |||
| Bank loan | (Note 17) | 297,732 | 641,300 | 297,732 | 641,300 | |
| 2,429,090 | 2,528,752 | 1,127,254 | 1,3Q5 5QQ |
| Group | Group | Society | Society | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||||||
| Bank | loan | due | after | one | year | 2,525,715 | 3,551,200 | 2,525,715 | 3,551,200 |
| Group | Group | Society | Society | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| In one year or less | 297,732 | 641,300 | 297,732 | 641,300 |
| Between one and two years | 297,732 | 305,700 | 297,732 | 305,700 |
| Between two and five years | 2,227,983 | 3,245,500 | 2,227,983 | 3,245,500 |
| 2,823,447 | 4,192,500 | 2,823,447 | 4,192,500 |
| Group and Society | 1 January 2022 |
Income | Expenditure | Depreciation | 31 December 2022 | ||
|---|---|---|---|---|---|---|---|
| 2022 | E | E | F | ||||
| Yorkshire Rural Support Network |
8,532 | 21,781 | (18,358) | 11,955 | |||
| PIF | 80,000 | (840) | 79,160 | ||||
| Education activities |
5,000 | (5,000) | |||||
| Garfield Weston Foundation | 1,289 | (1,289) | |||||
| Funding for Regional Agricultural Centre |
311,288 | (15,816) | 295,472 | ||||
| Yorkshire Bee Pavilion | 15,515 | (399) | 15,116 | ||||
| Yorkshire Federation Societies |
ofShow | 17,190 | 828 | (681) | 17,337 | ||
| 353,814 | 107,609 | (26,168) | (16,215) | 419,040 | |||
| Group and Society | 1 January 2021 |
Income | Expenditure | Depreciation | 31 December 2021 | ||
| 2021 | |||||||
| Yorkshire Rural Support Network |
8,626 | 18,312 | (18,406) | 8,532 | |||
| Education activities |
5,000 | (5,000) | |||||
| Weston Foundation | 3,725 | (2,436) | 1,289 | ||||
| Funding for Regional Agricultural Centre |
327,104 | (15,816) | 311,288 | ||||
| Yorkshire Bee Pavilion | 15,914 | (399) | 15,515 | ||||
| Yorkshire Federation Societies |
of Show | 15,658 | 1,548 | (16) | 17,190 | ||
| 371,027 | 24,860 | (25,858) | (16,215) | 353,814 |
| 9 Analysis of Net Assets by |
9 Analysis of Net Assets by |
Funds | ||
|---|---|---|---|---|
| As at 31 December 2022 | Unrestricted | Restricted | Total | |
| Tangible Fixed assets |
21,831,365 | 21,831,365 | ||
| Investments | 12,531,850 | 12,531,850 | ||
| Investment | Property | 1,100,000 | 1,100,000 | |
| Net Current | Assets | 125,686 | 419,040 | 544,726 |
| Long Term | Creditors | (2,525,715) | (2,525,715) | |
| 33,063,186 | 419,040 | 33,482,226 | ||
| As at 31 December 2021 | Unrestricted | Restricted | Total | |
| Tangible Fixed assets |
22,440,291 | 22,440,291 | ||
| Investments | 14,272,871 | 14,272,871 | ||
| Investment | Property | 1,100,000 | 1,100,000 | |
| Net current | assets | (49,241) | 353,814 | 304,523 |
| Long Term | Creditors | (3,551,200) | (3,551,200) | |
| 34,212,671 | 353,814 | 34,566,485 |
| Financial Commitments |
|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| At the reporting date the charity had outstanding cancellable operating leases, which fall due as |
commitments follows: |
for future | minimum | lease payments | under non- |
||||||
| 2022 | 2021 | ||||||||||
| E | 6 | ||||||||||
| Due within 1 Year |
18,590 | 41,063 | |||||||||
| Due between 2 —5Years |
56,995 | 20,741 | |||||||||
| Due after 5years | 2,290 | ||||||||||
| Total | 75585 | 64,634 | |||||||||
| 22 Related Party Transactions |
|||||||||||
| P Russell, a Trustee of Yorkshire Agricultural Society, is CEO of Russells (Kirkbymoorside) Ltd, from whom Yorkshire Agricultural Society purchased goods to the value off1,598(2021:fNil). Russells (Kirkbymoorside) Ltd also had a trade stand at the Great Yorkshire Show at a cost of63,756, (2021:E3,513) payable to YAS (Enterprises) Limited. |
|||||||||||
| C E Mills, Show Director and Trustee received 6912(2021:E383). |
an Honorarium | of612,000 (2021:612,000) and | expenses of | ||||||||
| All transactions were in the normal course of business and on an arm's |
length basis. | ||||||||||
| 23 Pension Fund |
|||||||||||
| The Society operates defined contribution pension schemes'for the employees ubsidiary companies. Contributions are charged to the Statement of Financial ayable in accordance with the rules of the schemes. A salary exchange option whereby existing salary amounts can be exchanged for additional employer pension mpact of increasing employer contributions into the pension schemes. |
of both the Society and its Activities as they become is provided to employees contributions. This has the |
||||||||||
| he pension cost represents contributions payable by the Society and amounted toF346,023 (2021' here were no contributions outstanding at the year-end (2021:anil). |
6316285) | ||||||||||
| 4 Reconciliation of net movement |
in funds to net cash | flow from operating | |||||||||
| activities | |||||||||||
| 2022 | 2021 | ||||||||||
| Net movement in funds |
(1 084259) | 3009968 | |||||||||
| Adjustments for: |
|||||||||||
| Income from investments | (401,081) | (323,396) | |||||||||
| Depreciation charges |
1,029,110 | 1,039,101 | |||||||||
| Losses / (Gains) on revaluation of investments |
1,683,400 | (1,610,210) | |||||||||
| Loss/(Profit) on sale oftangible Asset |
(13,377) | ||||||||||
| (Increase)/Decrease in stocks |
5,649 | (73,327) | |||||||||
| (increase)/Decrease in debtors |
(11,658) | (334,776) | |||||||||
| Increase/ Decrease in creditors |
243 906 | 890357 | |||||||||
| Net cash rovided b / used in o eratin |
activities | 1465067 | 2 584 340 |