THREE COUNTIES AND SOUTH WALES AREA OF NAFAS - Year ending 30th September 2024 ## FINANCIAL STATEMENTS 30th September 2024 1 of 5 lof5 THREE COUNTIES AND SOUTH WALES AREA OF NAFAS - Year ending 30th September 2024 |||**CONTENTS**|| |---|---|---|---| |||Page|| ||General Information||2| ||Independent Examiners Report||3| ||Receipts and Payments Account||4| ||Statement of Assets and Liabilities||5| ||Notes to the Accounts||6| |Executive|President|Mrs Patricia Ducker|| ||Chairman|Mr Adrian Cooke|| ||1st Vice-Chair|Mrs Delyth Price|| ||2nd Vice-Chair|Mrs Emily Broomhead|| ||Secretary|Mrs Emily Broomhead|| ||Treasurer|Mrs Celia Davies|| ||JDSE Chair|Mrs Susan Blandford|| |Independent Examiner||Mr Jeffrey Tyler, FCA|| |||3 Home Farm Way|| |||Easter Compton|| |||BS35 5SE|| |Bank||NatWest, Eastgate Street, Gloucester|| |Registered|Charity Number|517110|| 2 of 5 THREE COUNTIES AND SOUTH WALES AREA OF NAFAS - Year ending 30th September 2024 ## **Independent Examiner's Report on the Accounts to the Trustees and Members** I have examined the accounts on pages 4 to 6, which have been prepared under the accounting policies set out in the Note As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you, as trustees, concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. In connection with my examination , no matter has come to my attention: - 1 which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with Section 41 of the Act and *to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met: or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the 2 accounts to be reached. Jeffrey Tyler, FCA 3 Home Farm Way Easter Compton BS35 5SE 3 of 5 ## **THE THREE COUNTIES AND SOUTH WALES AREA OF NAFAS Charity number: 517110** ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30th SEPTEMBER 2024** |**2024**
**2024**
**2024**
**2023**
**2023**
**2023**
**Receipts**
**Payments**
**Net Income**
**Receipts**
**Payments**
**Net Income**
Affiliation fees
16,438.50
13,687.50
2,751.00
12,221.40
10,890.80
1,330.60
Other Income
78.00
89.48
0.00
89.48
**Fund Raising**
Area day Aug 23
3,129.52
3,129.52
2,121.41
0.00
2,121.41
JDSE income
898.00
1,883.25
(985.25)
421.00
1,808.14
(1,387.14)
Presidents Day
2,450.00
367.00
2,083.00
0.00
0.00
0.00
AGM
1,013.50
904.49
109.01
2,248.50
1,016.50
1,232.00
Raffle
271.20
271.20
333.00
0.00
333.00
7,762.22
3,154.74
4,607.48
5,123.91
2,824.64
2,299.27
**Trading**
Copmpetitions/Exhibit costs
665.46
(665.46)
0.00
807.63
(807.63)
Flower arranger
7,514.20
7,634.01
(119.81)
8,195.60
7,862.10
333.50
Publications
861.50
636.95
224.55
338.75
494.87
(156.12)
Miscellaneous costs
1,409.89
(1,409.89)
0.00
1,647.34
(1,647.34)
8,375.70
10,346.31
(1,970.61)
8,534.35
10,811.94
(2,277.59)
**Project Fund**
Donation from Sales table
255.00
235.00
National Show exhibit-Brecon
1,000.00
255.00
0.00
235.00
1,000.00
Movement in Project Fund
255.00
(765.00)
**Administration costs**
Accounting & Professional fees
200.00
200.00
Exec Comm Travel expenses
1,348.72
1,497.85
Hire of halls
1,137.45
767.40
Insurance
678.20
650.48
Postage, Printing and stationery
139.65
145.52
IT costs
804.65
224.04
4,308.67
3,485.29
Area Day Loan repayment 2023
1,000.00
1,000.00
**GRAND TOTALS**
**33,909.42**
**31,497.22**
**26,204.14**
**29,012.67**
**Movement in Funds**
**2,412.20**
**(2,808.53)**
Fund Balances B/Fwd
28,822.38
31,630.91
**Fund Balances C/Fwd**
**31,234.58**
**28,822.38**
**THE THREE COUNTIES AND SOUTH WALES AREA OF NAFAS**
**BALANCE SHEET AT 30th SEPTEMBER 2024**
**Current Assets**
Cash at bank
28,383.90
25,971.70
Area day loans
2,000.00
2,000.00
Stock
850.68
920.62
**Total**
**31,234.58**
**28,892.32**
**Current Liabilities**
Amounts falling due within 1 year
**0.00**
**69.94**
**Total Assets less Liabilities**
**31,234.58**
**28,822.38**
Unrestricted Funds
28,301.38
26,144.18
Designated Funds - Project Funds
2,933.20
2,678.20
**Total Funds**
**31,234.58**
**28,822.38**
**Charity number: 517110**|**2023**
**2023**
**2023**
**Receipts**
**Payments**
**Net Income**
12,221.40
10,890.80
1,330.60
89.48
0.00
89.48
2,121.41
0.00
2,121.41
421.00
1,808.14
(1,387.14)
0.00
0.00
0.00
2,248.50
1,016.50
1,232.00
333.00
0.00
333.00|**2023**
**2023**
**2023**
**Receipts**
**Payments**
**Net Income**
12,221.40
10,890.80
1,330.60
89.48
0.00
89.48
2,121.41
0.00
2,121.41
421.00
1,808.14
(1,387.14)
0.00
0.00
0.00
2,248.50
1,016.50
1,232.00
333.00
0.00
333.00| |---|---|---| ||5,123.91
2,824.64
2,299.27|| ||0.00
807.63
(807.63)
8,195.60
7,862.10
333.50
338.75
494.87
(156.12)
0.00
1,647.34
(1,647.34)|| ||8,534.35
10,811.94
(2,277.59)|| ||235.00
1,000.00
235.00
1,000.00
(765.00)
200.00
1,497.85
767.40
650.48
145.52
224.04
3,485.29
**26,204.14**
**29,012.67**
**(2,808.53)**
31,630.91
**28,822.38**|| |||| |||**28,822.38**| |||25,971.70
2,000.00
920.62| |||**28,892.32**| |||| |||**69.94**| |||| |||**28,822.38**| |||26,144.18
2,678.20| |||**28,822.38**| 4 of 5 THREE COUNTIES AND SOUTH WALES AREA OF NAFAS - Year ending 30th September 2024 ## **Notes to the Accounts** ## 1 **Basis of Accounting** The Accounts have been prepared under the receipts and payments basis of accounting ## 2 **Accounting Policies** Stocks have been valued at the lower of cost or net realistic value |3
**2023/2024**
56
Number of Members
1795
23
0
0
1
RHS Subscription
4
Donations
Gifts, Cards, Sundries
Flowers for stage
Purchase of Badges
**5**
Area Day 2023
**6**
**Competitions/Exhibits**
Gen Fund
7
Balance as at 30.9.23
**8**
**Loans to Area Day**
Area Day 2023 repayment
**Miscellaneous Income/costs**
Number of Clubs
Number of Honorary Members
Number of Student Members
Number of Junior Members
Number of Associate Members
**Affiliation Fees**
**Area/Presidents Days**
Presidents Day 2023
Malvern Spring Show
**Project Fund**
Donation from Sales Table
Balance as at 30.9.24
Area Day 2024
Area Day 2025|£
16431.00
7.50
45.00
**16483.50**
**Income**
**Costs**
£
£
78.00
275.00
20.00
43.50| |---|---| ||**78.00**
**338.50**| ||3129.52
71.39
2450.00
367.00| ||**5579.52**
**438.39**| ||**665.46**
2678.20
255.00
**2933.20**
1000.00
1000.00
1000.00
**1000.00**
**2000.00**| 5 of 5 THREE COUNTIES & SOUTH WALES AREA OF NAFAS - Yr ended 30th SEPTEMBER 2024 The Accounts were approved by the Executive Committee at a Virtual Meeting held on 16th October 2024 |Signed|Mrs Patricia Ducker (President)| |---|---| ||Dated this 16th day of Ocotber 2024| |Signed|Mr Adrian Cooke (Chairman)| ||Dated this 16th day of October 2024| 5 of 5