2020-08-31-accounts

			On	Thursday 1	2» November	at 7.30pm via Zoom
					~Ae ed a
1.	Toreceive apologies		for absence
2.	Minutes:				To confirm	the minutes of the 76» Annual	General
					Meeting held on Thursday 10»October 2019.
3.	Annual	Report for 2019/2020			Presented by Mr Cameron Wood —County Chairman.
					Resolution:	'That the Annual Report for	the	year 2019/2020
					should be	received and adopted'.
						Sophie Morgan will move
						Chloe Potter will second
4.	Statement ofAccounts 2019/2020				Presented	by Miss Kathleen Rose —Honorary		Treasurer.
	8,Adopt Accounts					Ryan Coulson will move
						Rose Llewellyn will second
5.	Annual	Return of Membership			Presented	by Mrs Sue Symonds
6.	County	Development	Officer	Report	Presented by Mrs Sue Symonds
7.	Election	of President			Resolution: 2019/2020	'That Mr Phil Ash be thanked and asked to accept to be		as President re elected	for as
					President ofthe Federation for the year 2020/2021"
						Molly Phillips will move
						Chloe Potter will second
B.	Election of Vice-Presidents			Resolution:	'That all nine of our Vice Presidents be thanked			and asked to	all
				be re-elected for the coming year"
						Neil Towle will move
						Chloe Potter will second
9.	Election ofCounty Chairman			Resolution: 'That Mr Cameron Wood be thanked during the past year and that Mr Cameron Wood			for his service be
				asked to be re elected as County Chairman for the				year
				2020/2021. '
						Sophie Morgan will'move
						Molly Phillips will second

10.Election	of Honorary	of Honorary	Treasurer	Resolution: 'That Miss Kathleen Rose be thanked for her	Resolution: 'That Miss Kathleen Rose be thanked for her	Resolution: 'That Miss Kathleen Rose be thanked for her
				services during the past year, and be asked to accept			the
				position ofHonorary Treasurer ofthe Federation again		for the
				year 2020/2021'.
				Charlotte Hurley will move
				Rose Llewellyn will second
11.Appointment		of Accountants
				Resolution from the County Executive Committee:
				'That Minett 8, Co, Chartered Accountants be thanked				for
				their services during the past year and that Minett			8, Co
				be asked to accept re-election as accountants '		for the
				Federation during the year 2020/2021
				Miss Kat Rose will move
				Ryan Coulson will second
12.Memberships		Fees Statement
				'The Worcestershire Federation membership fees for the period 1" September 2020/2021 will be': All 2019/2020
				members will get a 50%discount for re joining'
				Seniors: 236.75
				Intermediate: F31.50
				Juniors: 226.25
				Associates: 221.00
13.County	Building			To receive a short report on the current progress of	the
				Building project. Presented by Francis Harcombe/Mark
				Yarnold.
14.Charity	Reports			Toreceive short reports from Worcestershire Clubs detailing
				any charity money raised and community work completed
				during the past year.
15.Thank you's		and any	other business
16.Date of	next	meeting		Executive Committee Meeting
				Monday 25s' January 2021 Spm via Zoom

			2020 E	2019	f
Income
Membership fees			8,698	10,170
			8,698		10,170
Profit on Events
Social events and	fund raising		(11,117)	5,617
County show				2,069
Competitions			(287)	117
			(11,404)		7,803
Other Income
County youth worker expenses			18,000	12,000
Rent receivable			1,485	1,485
Hire of rooms and	equipment		10,630	13,695
Sundry income			385	436
Bank interest			109	114
			30,609		27,730
			27,903		45,703
Less Ex enditure
Rent			3,500	6,000
Salaries and expenses			14,165	19,182
Printing, stationery	and computer expenses		4,034	4,533
Postage			8	918
National levy and insurance				456
Telephone and communication		costs	612	654
Repairs and replacements			862	678
County officers' expenses			1,520	2,935
Training and development			23	520
National fares pool			189
Independent Examiners' fee			675	602
Sundry expenses			987	281
Depreciation			2,295	2,890
			28,870		39,64S
Deficit for the ear			967		6,054

			2020	2019
		Note
Fixed Assets
Tangible assets			294,452	296,747
Investments			1	1
			294,453	296,748
Current Assets
Stock oftrophies			14,366	14,366
Debtors			20,784	11,470
Prepaid expenses				3,219
Loan - Shires Farm	Ltd		62,025	62,025
Bank accounts			143,156	137,293
Cash in hand			432	408
			240,763	228,781
Creditors: amounts	falling	due
within one year			4,359	4,948
Net Current Assets			236,404	223,833
Total Assets Less	Current	Liabilities	530,857	520,581
Creditors: amounts	falling	due
after more than one	year		2,993	2,993
			527,864	517,588
Represented by:
Unrestricted Funds
General fund			286,234	287,201
Building fund			228,130	216,887
			514,364	504,088
Restricted Funds
Educational fund			13,500	13,500
			527,864	517,588

							Freehold
							Land &
						Equipmentf	Buildings F	Total F.
	Net book	values at 1		September 2019		7,645	289,102	296,747
	Depreciation					2,295		2,295
	Net Book	Values	at 31 August 2020			5,350	289,102	294,452
2	Investments						2020	2019
	1 Ordinary	share	—Shires Farm Ltd
	Market Value
	1 Ordinary	share	- Shires Farm Ltd
3	Creditors	- Amounts		falling due within
	one year						2020	2019
	Creditors						1,748	1,398
	Accruals						675	630
	Reserve for building			improvements	and training		1,026	2,920
	Reserve for show income						910
							4,359	4,948
4	Creditors	- Amounts		falling due after more
	than one	year					2020	2019
	Creditors						2,993	2,993

Unrestricted	Funds	Balance at	Surplus/Deficit	Balance at
		1 Sept. 2019	for the year f	31August 2020 f
General fund		287,201	(967)	286,234
Building fund		216,887	11,243	228,130
		504,088	10,276	514,364
Restricted Funds		Balance at	Surplus	Balance at
		1 Sept. 2019 f	for the year f	31Aug. 2020 f
Educational	fund	13,500		13,500