REGISTERED NUMBER. 01805968 {England alld Wales) BEDWELLTY AGRICULTURAL SOCIETY LIMITED REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024 Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU
BEDWELLTY AGRICULTURAL SOCIETY LIMITED (REGISTERED NUMBER: 01805968) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEARENDED 30TH SEPTEMBER 2024 Page Company Information Report of the Directors Profit and Loss Balance Sheet Notes to the Financial Statements Detsiled Income and Expenditure Account
BEDWELLTY AGRICULTURAL SOCIETY LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 30TH SEPTEMBER 2024 DIRECTORS: L S Portlock J G S Davies A J Edwards T G Davies B J Morgan REGISTERED OFFICE: St Albans Llanarth Road Pontllanfraith Blackwood NP12 ILG REGISTERED IYUMBER: 01805968 (England and Wales) ACCOUNTANTS: Green & Co Chartered Certified Accountants Pembroke House Llantarnam Park Way Cwmbran Torfaen NP44 3AU Page I
BEDWELLTY AGIUCULTURAL SOCIETY LIMITED (REGISTERED NUMBER: 01805968) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 30TH SEPTEMBER 2024 The directors present their report with the financial statements of the company for the year ended 30th September 2024. DIRECTORS The directOTS shown below have held 01CC during the whole of the period from 1st October 2023 to the date of this report. L S Portlock J G S Davies A J Edwards T G Davies Other changes in directors holding office are as follows: B F Davies - resied 17th April 2024 B J Morgan - appointed 17th April 2024 This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. ON BEHALF OF THE BOARD: J G S Davies - Director 15th Jalluary 2025 Page 2
BEDWELLTY AGRICULTURAL SOCIETY LIMITED (REGISTERED NUMBER. 01805968) PROFIT AND LOSS FOR THE YEAR ENDED 30TH SEPTEMBER 2024 2024 2023 Notes TURNOVER 34,421 28,185 Administrative expenses 25.060 24,430 OPERATING SURPLUS 9.361 3,755 Interest receivable and similar income 41 19 SURPLUS BEFORE TAXATION 9,402 3,774 Tax on SUTpIus SURPLUS FOR THE FIIYANCIAL YEAR 9,402 3,774 The notes forni part of these financial statements Page 3
BEDWELLTY AGRICULTURAL SOCIETY LIMITED (REGISTERED NUMBER: 01805968) BALLYCE SHEET 30TH SEPTEMBER 2024 2024 2023 Notes FIXED ASSETS Tangible assets 6,171 5,938 CURRENT ASSETS Debtors Cash at bank and in hand 9.457 19,898 1,073 21,325 29,355 22,398 CREDITORS Amounts falling due within one year 809 3,021 NET CURRENT ASSETS 28,546 19,377 TOTAL ASSETS LESS CURRENT LIABILITIES 34,717 25,315 RESERVES Income and expenditure account 34,717 25,315 MEMBERS, FUNDS 34,717 25,315 The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for. (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the Tequirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial stal¢ments, so far as applicable to the company. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Board of Directors and authorised for issue on 15th January 2025 and were Sied on its behalf by: J G S Davies - Director The notes fonn part of these fmancial statements Page 4
BEDWELLTY AGRICULTUII4L SOCIETY LIMITED (REGISTERED NUMBER: 01805968) NOTES TO THE FIINANCIAL STATEMENTS FOR THE YEAR ELIDED 30TH SEPTEMBER 2024 STATUTORY INFORMATION Bedwellty Agricultural Society Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Inforn]ation page. ACCOUNTING POLICIES Basis of preparing the finaDcial statements These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section IA "Small Entities" and the Companies Act 2006. The fmancial statements have been prepared under the historical cosl convention. Turnover Turnover is measured at the fair value of the considerdtion received or receivable, excluding discounts, rebates, value added tax and other sales t&xes. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Planl and machinery IO% oncost EMPLOYEES AND DIRECTORS The average number of employees during the year was NtL (2023 - TrIL). OPERATING SURPLUS The operating surplus is stated after charging: 2024 2023 Depreciation - owned assets 1,096 1,077 Page 5 continued...
BEDWELLTY AGRICULTURAL SOCIETY LIMITED (REGISTERED NUMBER: 01805968) NOTES TO THE FINANCIAL STATEME_YTS - continued FOR THE YEAR ENDED 30TH SEPTEMBER 2024 TANGIBLE FIXED ASSETS Freehold propety Plant and machinery Totals COST At I st October 2023 Additions 4,132 15,712 1,329 19,844 1,329 At 30th September 2024 4,132 17,041 21,173 DEPRECIATION At I st October 2023 Charge for year 4,132 9,774 1,096 13,906 1,096 At 30th September 2024 4,132 10,870 15,002 NET BOOK VALUE At 30th September 2024 6,171 6,171 At 30th September 2023 5,938 5,938 DEBTORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR 2024 2023 Trade debtors Other debtors Prepayments and accrued income 600 8,987 470 473 9,457 1,073 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Accrued expenses 2,330 691 809 809 3,021 LIMITED BY GUARANTEE In accordance with the Articles of Association the number of ordinary members is limited to 24 and the limit of their liability in the event of the company being wound up is £5 for each share. Page 6
BEDWELLTY AGRICULTURAL SOCIETY LIMITED (REGISTERED NUMBER: 01805968) DETAILED INCOME AI%D EXPENDITURE ACCOUIYT FOR THE YEAR ENDED 30TH SEPTEMBER 2024 2024 2023 Turnover Donations & sponsorship Trade stands & franchises Entry fees Fundraising Catalogue income Gate money & car park Membership fees Unclaimed/returned prizes Hire of marquee Dinner tickets 6,202 1,962 2,044 1,002 690 16,070 7,238 2,730 1,501 1,908 480 9,419 655 1,155 500 2,599 1,840 4,000 34,421 28,185 Other income Deposit account interest 41 19 34.462 28,204 Expenditure Rent of showground Insurance Prize money Rosettes Honorarium Printing and website costs St John's Ambulance - 2022 St John's Ambulance - 2023 Security Traffic management Show set up Show expenses Events and displays Commemorative coasters Sundry expenses Affiliation fees Accountancy Dinner Depreciation 2.750 1.412 5,552 1,324 1,250 495 3,750 1,426 2,486 1,458 140 912 540 1,247 990 1,446 1,310 2,910 1,320 500 102 306 690 1,820 1,077 334 213 (108) 913 3,281 1,230 398 72 810 4.038 1.096 25,060 24,430 NET SURPLUS 9,402 3,774 This page does not form part of the statutory financial statements Page 7