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**Filename:** 2024 Signed Accounts.pdf ~~——lt ‘(‘_‘i™éOCOC~C~~ **Client of:** Noy & Partners Accountants Limited ~~_——lt(‘OC~~ 

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**Name:** Alice Wood ~~——li ‘(‘“_‘iéCCCO~~ **Email:** dfyfc_treasurer@hotmail.com ~~——li ‘(‘“_‘iéCCCO~~ **Date & Time:** 17/12/2024 14:11:28 PM (GMT) ~~——li ‘(‘“_‘iéCCCO~~ **IP Address:** 51.52.76.102 ~~——li ‘(‘“_‘iéCCCO~~ Derbyshire Fed. of Young Farmers' Clubs confirms **Signing Statement:** that the information is correct and complete to the best of their knowledge and belief. 

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Derbyshire Federation
of Young Farmers, Clubs
Reglstered Charlty No. 520540
Statement of Accounts
for the year ended
31 August 2024

Derbyshire Federation of Young Farmers. Clubs
Registered Charity No. 520540
statement of Accounts for the year ended 31st August 2024
Contents
Report of the Trustees
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
Notes to the Accounts
7-10

Report of the Trustees for the year ended 31 August 2024
The Trustees present their report along with the statement of accounts of the Charity for fhe year
ended 31 August 2024. The statemenf of accounts have been prepared in occordance with the
accounting policies set out in note I to the accounts and comply with the Charity's trust deed,
applicable law and the requirements of the Statement of Recommended Practice. "Accounting
and Reporting by Charities ISORP FRSSE).
Slructure, Govefnance & Managemenl
Governlng Document
The Derbyshire Federation of Young Farmers, Clubs governing document is the constitution adopted
on 14 November 2013.
Conslttutlon and Membershlp
A County Federation is an association of the Young Famiers, Club5 in a County or such olher areas
as shall be approved by the National Federation formed in accordance with the form of constitution
and rules for County Federations approved by the Council of the National Federation. The County
Federation shall be affiliated to the National Federalion.
The members of the County Federalion shall consisl of:
lal
Ibl
All Young Farmers, Clubs formed in Derbyshire and affiliated to the NFYFC.
All persons who have been elected or nominated by the General Meeting as
Honorary Members.
Admlnlstratlon
In the administration of the County, subject to their duties as Trustees, the Executive Committee shall
have regard to the wishes of the Membership as stated at..
lal
Ib)
General Meeting5
Executive Committee Meetings
The Financial Year of the County Federation shall end on 31 August.
Trustees
The Execulive Committee forms the Trustees of the Charity and has the power to appoint addilional
Trustees. The Executive Committee consists of elected and co-opted members, the majority of whom
are required to be over eighleen years of age and are the Trustees of the Charily. Any member under
eighteen years of age may not vole on matters which affect the management of the Chaiity.
{al
Elected Members
representatives
each Member Club is required to elecl annvally Iwo
Ibl
Co-opted Members
The Executive Commillee may co-opt for such period as they may Ihink fil
representatives of other organisafrions and individuals interested in the Young Farmers
Movement in the County. The total number of co-opted members cannot exceed
twelve persons.

Derbyshlre Federatlon of Young Farmers. Clubs
Regislered Charity No. 520540
Report of the Trustees for the year ended 31 Augusl 2024
Structure, Goveman¢e & Managemenl {Contlnued)
In addilion to the above members the Executive Committee is required to appoint:
la)
Ib)
A Chairman and a Vice Chairman
A Treasurer
Objeclives and activilie5
The objects of the Federation are:
lal
To advance the educalion of young members of the public al large in agriculture,
home crafts. country life and relaled subjects," and
In the interests of the social welfare of such members to provide. and promote the
provision of. facilities for recreation and other leisure time occupations, being facilities
which will improve their conditions of life and will a5515t in the development of their
spiritual and mental capacities. self-relionce and individual responsibility 50 that they
may grow to full maturity as individuals and member5 of the community.
(bl
In furtherance of its objects but nol further or otherwise the County Federation.
lal
Ib}
shall work in collaboration with the National Federation of Young Farmers, Clubs:
shall co-operate with, and assist. Young Farmers, Club5 in the County by co-ordination
of activities and otherwise;
may co-operate with local authoritie5 and other bodie5 having the same or similar
objects;
may solicit and receive contribution5 to it5 funds, whether in the form of grants,
donations, legacies, subscriptions, loans or ofhewise providing thot the County
Federation shall not undertake any permanent trading activities in raising fund5 for the
above-mentioned objects;
may invest any monies nol immediately required for it5 purposes in such securities as
are for the time being authorised by law for the investment of trusl funds and may
transpose any such investments. and:
may do all such other lawful acts and things as are necessary for the attainment of ifs
objects.
Ic)
le)
Revlew ol Acllvltles
The financial results for the year are set out in the statement of accounts.
ReseNes Pollcy
The Resetve5 represent the uniestricled funds arising from past operating results. They also represent
the free reserves of the charity. The Trustee5 believe Ihat the level of reserves is approprsate lo ensure
the long-term stability of the Federolion.
Report of Ihe Trustees for the year ended 31 August 2024
Risk Management
The Trustees actively review the major risks which the Charity faces on a regular basis and believe
that maintaining reserves at the current levels, combined with an annual review of the controls over
key financial systems. will provide sufficient resources in the event of adverse conditions. The Trustees
have also examined other operational and business risks which the Charity face5 and confirm that
they have established systems to mitigale the significant risks.

Responsibililies ol Trustees
Charity law require5 the Trustees to prepare accounls for each financial year which give a true and
fair view of the state of affairs of the Charity at the year end and of its incoming resources and
resource5 expended during that year. In preparing those accounts, the Trustees ore required
lo:
select 5Ultable accounting policies,.
make judgements and estimales that are reasonable and prudent;
state whether applicable accounting standards and statements of recommended
piactice have been followed subject to any deportures disclosed and explained in
the financial statements; and
prepare the financial statemenls on the going concern basis unless it is inappropriate
to presume that the Charity will continue in business.
The Truslees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure Ihat the
financial statements comply with the Chaflties Act 2011. They are also responsible for safeguarding
Ihe assels of the Charity and hence for taking reasonable steps for the prevention and delection of
fraud and other irregularities.

Derbyshire Federotlon of Young Farmers. Clubs
Registered Charify No. 520540
INDEPENDE]YT EXAMINERS REPORT
TO DERBYSHIRE FEDERATION OF YOUNG FARMERS CLUBS
FOR THE YEAR ENDED 31ST AUGUST 2024
We report on the financial statements of Derbyshire Federation of Young Fanners, Clubs for the year
sl
ended 31 August 2024, which are set out on pages
Respective responsibilities of trustees and examiner
As the charities trustees you are responsible for the prq)aration of the accounts. you consider that the
audit requirement under section 144 (2) of the Charities Act 2011 (the 201 l Act) does not apply, and that
an indq)endent examination is needed. It is our responsibility to examine the accounts under section 145
of the Charities Act on the basis of procedures specified in the general directions given by the Charity
Commissioners (under section 145(5)(b) of the Charities Act) whether particular matters have come to
our attention.
Basis of independent examiners report
Our 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 these records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from you the trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit,
and consequently we do not express an audit opinion on the view given by the accounts.
Independent examiner5 Statement
In connection with our examination, no matter has come to our attention:
i)
which gives us reasonable cause to believe that in any material respect the requirements
to keep proper accounting records in accordance with section 130 of the Charities Act
to prepare accounts which accord with the accounting records and to comply with
accounting requirements of the Charities Act have not been met.
2)
to which, in our opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Signed
Noy & Partn
17 Farrington
Eastwood
Nottinghamshir¢
NG16 3BF
Accountants Limited
ay
Dated this the 12 November 2024

Derbyshlre Federallon of Young Farmers, Clubs
Reglstered Charlty No. 520540
statement of Flnanclal Actlvllles
Year Ended 31 st August 2024
Unreslrfcted
Restflcted
Notes
General
Fund
Mcwllliom /
bratby Fund
Prlnces
Covnlryslde
Fund
Tolal
2023
Incomlng Resources
Affilialion Fees
Fund Roising Evenls
Grants & Donafions
Interesl and Dividends
other Incorne
28,217
45.102
3,178
28.217
45,102
3.178
936
4,519
81,952
24,126
24,449
2.751
533
847
20
2b
51
83
4,519
Total Incomlng Resources
Re$our¢e$ Expended
National Levies and Insurance
Fund Raising Events
Subsidised Events Expenditure
Sloffing Costs
Mileage Claims
Office Costs
DBS Checks
Independent Examiners Fee
Competition Expenses
Troining Expenses
Meeling Expenses
Trophy Cosls
Promotional Expenses
NFYFC Slaff Conference
Olher Expenses
(Profill /Loss on disposal of asset
Depreciation
Total Resovrce$ Expended
81.818
51
83
52,706
16,287
37,748
16,287
37.748
638
16.198
1,454
1.933
374
13.949
14.753
3b
16.198
1,454
1.933
374
14,540
3c
1,022
162
2,413
375
38J
2,413
375
3t£)
1,195
56
493
117
763
763
3.895
3.895
923
4￿)
450
83,568
83.568
49,577
Net Incomlng / (Oulgolng) Resources
Reconclllallon of Funds
1,750
51
83
3,129
Total Funds broughl fotward
Total Funds carrled forward
55,773
54,157
52.644
55,773

Balance Sheet at 31st August 2024
Notes
2024
2023
Flxed Assets
Tangible Assets
Inve51ments
995
12,100
13,095
1.445
12.1
13.545
Current Assets
Deblors
1,976
41,131
43,107
8,077
36,559
44,636
Cash al Bank
Credllors: Amounts falling due
within one year
2,045
2,045
2,408
2,408
Net Current Assels
41.062
42.228
Net Assels
54.157
55.773
Funds
Unreslricled Funds
48,390
50,089
Reslricled Funds
5,767
54,157
5,684
55,773

Derbyshlre Federatlon of Young Farmers, Clubs
Registered Charity No. 520540
Notes to the Accounts for the Year Ended 31st Augvsl 2024
l. Accounllng Pollcles
(a) Accountlng Convention
The Accounts have been prepored under the historicol cost convenlion, except for investments which
are included al market value. and in occordance with applicable Uniled Kingdom accounting
standards, the Statement of Recommended Practice"Accounfing and Reporting by Charities" and the
Charilies Act 2011.
(b) Fvnd Accounling
Unrestricted funds are available for the use at the discretion of the Iruslees in furtheronce of the general
objectives of the chority.
Restricted funds are to be used for specified purposes laid down by the donor. Expenditure for those
purposes is charged to the fund, together wilh a fair allocation of overheads and support costs.
Designated funds are unrestricled funds that have been designated for specific purposes by the
TnJslees.
(c) Incornlng Resources
Income is recognised in the period in which the Charily is entitled to receipt and only when Ihe
omounl can be measured with reasonable certainty. Income is deferred only when the charity
has to fulfil specific conditions before becoming entilled lo it or where Ihe donor has specified
that the income is to be expended in a future period.
(d) Resources Expended
Expenditure is accounted for on an accruals basis.
2. Incomlng Resources
General
Fund
PCF
2024
Total
2023
Total
(a) Fund Raising Events
County Ball
Rally
Dinner and Dance
Christmas Ball
Performing Arts Compelition
13.271
3,082
5,248
23,501
13,271
3.082
5,249
23.501
9.106
2,819
2,185
10.339
45.102
45.103
24.449
(b) Grants and Donations
Grants
Donations
3,178
3,178
2.250
501
2.751
3,178
3.178

Noles to the Accounts for the Year Ended 31$t August 2024
conlinued
Genèral
Fund
PCF
2024
Tolal
Tolal
2023
(c) Other Income
Yearbook
200 Club
Compelitions Day
Olher
Clothing Sales
1,8
677
358
677
358
552
295
1.684
4,519
1.684
4.519
847
3. Resources Expended
(a) Fund Ralslng Events
County Summer Ball
Rally
Dinner and Dance
Christmas Ball
Performing Art5 Competition
9.833
4.258
6.363
17,294
4.258
2,790
2.915
4,248
17,294
37,748
37,748
14,753
(b) Sub$ldl$ed Evenls
Junior Acfivilies
Senior Activities
other
334
304
334
304
638
638
(c) Offlce Costs
Printing. P051age & Stationery
Telephone
Computer Expenses
storage Hire
CopieiLeose ond maintenance
other
131
192
564
728
260
131
192
564
728
260
279
192
717
-166
1.933
1.933
1,022
(d) Other Expenses
Yearbook
200 Club
Council Members. Fares Pool
Clolhing Purchases
Leovingllhank you gifts
Olher
1.515
470
1,515
470
78
1,634
50
226
3.895
1.634
59
226
3.895
235
923

Derbyshlre Federation of Young Farmers, Clubs
Registered Charity No. 520540
Notes lo the Accounts for the Year Ended 31st August 2024
continued
4. Tongible Flxed Assets
Trophles
Fixlures
Equlpment
Tolal
Cost
Al I September2023
Additions
Disposals
Al 31 Augu512024
DeprecloHon
Al I September 2023
Charge for Ihe Year
Eliminated on Disposal
At 31 August 2024
Nel Book Value
Al 31 Augusl 2024
545
1.350
2,119
4,014
545
1.350
2,119
4,014
450
450
2.119
2,56,
9W
2,119
3,01
At 31 August 2023
545
2024
2023
5. Investments
Nationol Savings Income Bonds
Premium Bonds
12.CXJD
12.(XX
12,100
12.loc
6. Deblor5
Owed by Club5
Payments in Advance
PCF- Debtors
Other Debtors
1 ,943
6,801
.27(
33
,976
8.077
7. Cash al Bank and in Hand
Cash at Bank
Current Account and Cash in Hand
Deposit Accounts
10
41.121
41,131
Ic
36,545
36.555
8. Credltors: amounls falling due wllhin one yeor
Accrued Expenses
PCF- Creditors
Income received in advance
2(K) Club
Yeart)ook
1,816
2,234
229
174
2.045
2,408

Noles to Ihe Accounts toithe Year Ended 31$1 August 2024
conllnued
9. Funds
2024
2023
Unrestrlcled
General Fund
Funds brought fotward
Movemenl in year
Funds carried forward
46,770
1.750
45,020
43.693
3.077
46.770
Mcwilllam / Bralby Fund
Funds brought forward
Movemenl in year
Funds carried forward
3,319
51
3,370
3.288
31
3.319
Totol Unrestricted Funds
48.390
50.089
Reslrfcled
Princes Countsyslde Fund
Fvnds brovght folword
Movement in year
Funds carried foNard
5,684
83
5,663
21
5.684
5.767
Total Reslrieled Fund$
5.707
5,684
Total Fund5
54.157
$5.773
10