Registered number: 01830970
CHEPSTOW AGRICULTURAL SOCIETY UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
Chepstow Agricultural Society Unaudited Financial Statements For The Year Ended 31 October 2023
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Accountant's Report | 2 |
| Income and Expenditure Account | 3 |
| Balance Sheet | 4 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 5—6 |
Chepstow Agricultural Society Company Information For The Year Ended 31 October 2023
| Directors | Mr G W Price |
|---|---|
| Mr T J Hicks | |
| Secretary | Mrs M E Jackson |
| Company Number | 01830970 |
| Registered Office | 12 Clytha Park Road |
| C/O Bdhc Chartered Accountants | |
| Newport | |
| Newport | |
| NP20 4PB | |
| Accountants | BDHC - Chartered Accountants |
| 11 Moor Street | |
| Chepstow | |
| Monmouthshire | |
| NP16 5DD |
Page 1
Chepstow Agricultural Society Accountant's Report For The Year Ended 31 October 2023
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 October 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Date
BDHC - Chartered Accountants 11 Moor Street Chepstow Monmouthshire NP16 5DD
Page 2
Chepstow Agricultural Society Income and Expenditure Account For The Year Ended 31 October 2023
| TURNOVER Other income Cost of raw materials and consumables Other charges NET DEFICIT |
2023 £ 35,837 1,449 (32,597) (6,601) (1,912) |
2022 £ 29,755 201 (30,922) (7,049) |
|---|---|---|
| (8,015) |
Page 3
Chepstow Agricultural Society Balance Sheet As At 31 October 2023
| Current assets Prepayments and accrued income NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES Accruals and deferred income NET ASSETS RESERVES |
2023 £ 62,298 790 |
2022 £ 64,407 1,223 |
|---|---|---|
| 63,088 | 65,630 | |
| 63,088 | 65,630 | |
| (450) | (1,080) | |
| 62,638 | 64,550 | |
| 62,638 | 64,550 |
Notes
1. General Information
Chepstow Agricultural Society is a private company, limited by guarantee, incorporated in England & Wales, registered number 01830970. The registered office is 12 Clytha Park Road, C/O Bdhc Chartered Accountants, Newport, Newport, NP20 4PB.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2022: 3)
3. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions.
On behalf of the board
Mr G W Price
Director
Date
Page 4
Chepstow Agricultural Society Detailed Income and Expenditure Account For The Year Ended 31 October 2023
| TURNOVER Members subscriptions Gate and Show Day income Tradestand section Homecraft section Dogs section Livestock section Horticultural section Sponsorship Catering concessions Vintage section Donations OTHER INCOME Other operating income Interest receivable and similar income COST OF RAW MATERIALS AND CONSUMABLES Hire of show ground Marquee costs Toilets Show insurance External signage Sound services Catering Hire crowd barriers Security First Aid Chepstow Lions and Round Table Stewarding Badges ASAO Subscription Main ring entertainment External bus hire/minibuses Waste removal Programme/banners OTHER CHARGES Other direct costs: Hire of buggies Hay bales Other show expenditure |
2023 £ £ 5,012 16,633 9,068 109 145 (2,265) (103) 4,427 2,850 (39) - 35,837 944 505 1,449 37,286 4,200 13,266 2,750 1,199 1,170 1,200 210 2,055 816 1,560 1,168 240 351 125 2,340 400 553 (1,006) (32,597) - - 388 |
2023 £ £ 5,012 16,633 9,068 109 145 (2,265) (103) 4,427 2,850 (39) - 35,837 944 505 1,449 37,286 4,200 13,266 2,750 1,199 1,170 1,200 210 2,055 816 1,560 1,168 240 351 125 2,340 400 553 (1,006) (32,597) - - 388 |
2022 £ £ 5,052 12,134 8,099 709 - (1,853) (18) 3,573 2,150 (191) 100 29,755 - 201 201 29,956 3,900 10,837 3,180 1,052 1,068 1,140 363 1,949 547 1,500 500 240 297 111 4,187 360 521 (830) (30,922) 350 630 691 ...CONTINUED |
|---|---|---|---|
| 944 505 |
- 201 |
||
| 4,200 13,266 2,750 1,199 1,170 1,200 210 2,055 816 1,560 1,168 240 351 125 2,340 400 553 (1,006) |
3,900 10,837 3,180 1,052 1,068 1,140 363 1,949 547 1,500 500 240 297 111 4,187 360 521 (830) |
||
| 37,286 (32,597) |
|||
| - - 388 |
350 630 691 |
Page 5
Chepstow Agricultural Society Detailed Income and Expenditure Account (continued) For The Year Ended 31 October 2023
| General signage Broadband Print advertising General administration costs: Professional indemnity insurance Website costs Accountancy fees Secretarial expenses Sundry expenses NET DEFICIT |
349 480 981 |
(6,601) | 635 - 577 |
(7,049) |
|---|---|---|---|---|
| 2,198 | 2,883 | |||
| 259 133 450 2,563 998 |
260 117 450 2,405 934 |
|||
| 4,403 | 4,166 | |||
| (1,912) | (8,015) |
Page 6