2023-10-31-accounts

The council members who	served in the year are listed below:
Ms RAllen	Miss SA Harrison	SJParkes
JCoker	THayman-Joyce	M Green
SRandall	Pmf BHooker	A Loker
Mrs D Dewbery	TRLimbrick	A Hett
TGardner	EHicks	Mrs R Smith
D Gauld	Mrs SEve	SBing
A Godwin	SMace

for lhe year ended 31Oc	tob	er 20	23
					2023	2022
				Note
Incoming resources
incan)lng resourcesPotn	generated
ftlnds:
Voluntary income; Donations					2,001	3,765
Special prizes					92432	82,789
Activities for generating		funds:
Members subscriptions		and
Rndraising events					53,479	48,841
Investment income					1,372	128
lncornlng resourcespom	charitable
activities:
Show receipts					441,445	407,707
Other incan)i ng resources: Other income					1,506	753
Total incoming resources					592,135	543,983
Resources expended
Charitable actn i ties:
Direct show expenses					325,820	315,522
Support costs and management and administration					208,069	176,369
Total resources expended					533&889	491,891
Net incoming resources year		for	the		58&246	52,092
General fund balance brought					722)48Z	670,390
fomvard
General fund balance carried
forward					780,728	722,482

for the year end	ed 31 O	ctober 2023
				2023	2022
			Note
Turnover				590&763	543,855
Direct costs				325,820	315,522
Gross profit				264843	228,333
Adminishation	expenses			208,069	176,369
Operating profit/(loss)				56,874	51,964
investment income				1,372	128
Net profit/(loss)	for the
financial year				58,246	52,092
Retained profit	brought	forward		722)482	670,390
Retained profit carried		forward	7)	780,728	722,482

Balance sheet	Balance sheet
ot31October 2023
					2023		2022
			Note
Fixed assets					340,908		333,299
Investments					4,469		4,465
Current assets
Debtors				2)338		2,338
Cash at bank and	in	hand		454)754		394,001
				457,092		396,339
Creditors: amounts		falling due
within one year				21,741		11,621
Net current assets					435,351		384,718
Total assets less	current
liabilities					780,728		722,482
Represented by:
General reserve
Balance brought	forward				722,482		670,390
Profit for the year					58,246		52,092
Balance carried forward					780)728		722,482

Cash Flow Statement
for the year ended 31October 2623
			2023	2022
	Notes
Cash flows from operating	activities
Cash generated from operations		1	72&223	54,286
Net cash provided by operating activities			72i223	54,286
Cash flows from investing activities Purchase oftangible fixed assets			(11,466)	~620)
Net cash (used in)/provided	by investing	activities	(111466)	~620)
Change in cash and cash	equivalents
in the reportiug period			60,757	53,666
Cash and cash equivalents	at the
beginning of the reporhng	period		398)466	344,800
Cash and cash equivalents	at the end
ofthe reporting period			~459223	398466

Net income/(deficit)	for the reporting	period (as per the	2023	2022
Statement ofFinancial Activities)			5
			58446	52,092
Atriustments for:
Depreciation charges			3,857	3,705
Decrease/(increase)	in debtors			(1,840)
(Decrease)/increase	in creditors		10,120	329
Net cash provided	by operations		72 223	54,286

	At 1/11/22	Cash flow	Ai 31/10/23
Net cash
Cash at bank	394,001	60,753	454,754
Investments	~4465	4	~4469
	~398 466	~60 757	~459 223
Total	~38466	~60 757	~45 223

				Note	2023	2022
						f
Depreciation					3,857	3,705
Staffcosts —average number		employees	6 (2022:5)		107,794	73,508
Fixed assets
				Freehold	Equipment
				property	&furniture	Total
Cost
At I November	2022			320,000	85,149	405,149
Additions					11,466	11,466
Disposals
At 31October	2023			320,000	96,615	416,615
Depreciation
At 1 November	2022				71,850	71,850
Charged for year					3,857	3,857
Disposal in year
At 31October	2023				75&707	75,707
Net book value
At 31October	2023			320,000	20,908	340)908
At 31October 2022				320,000	13,299	333P99
Investments
					2023	2022
Premium Bond					5	5
National Savings Bank					4,464	4,460
					4,469	4,465

7	Creditonc	Creditonc	nmounts	falling due
	within	one	year
					2023	2022
	Sundry creditors and accruals				17,125	5,493
	Vat				4)616	6,128
					21,741	11,621

arties with the	society (2022:two)	. Set	out below are details ofsponsorship	s in excess
Nome			Relationship	Amount
Hayman-Joyce	Property Limited		Director is Council Member	775
James Coker	Land Sales Planning	Ltd	Director is Council Member	525
				~1300

							Gross
			Entries	Home	sss	Prize	gate
	Year	Stack	Horses	garden		money	receipts
	2023	1,286	573	928		25,705	296,455
	2022	1,131	722	907		31,433	270,730
	2021	992	833	970		19,311	254,373
	2020	e	e	e		1,703	e
	2019	1,345	1,164	1,240		33,699	203,367
	2018	1,267	1,143	1,230		32,364	215,573
	2017	1,080	1,282	1,201		31,614	188,162
	2016	1,168	1,253	996		28,594	136,136
	2015	1,325	1,382	1,065		30,069	170,078
	2014	1,174	1,322	981		27,046	161,921
	2013	1,221	1,174	1,075		24,707	140,308
	2012	1,153	1,050	979		23,946	152,818
	2011	1,072	1,082	1,079		23,701	140,929
	2010	932	916	898		26,177	130,719
	2009	957	1,000	951		22,411	134,134
	2008	d	d	d			d
	2007	1,007'	1,044	1,067		11,424	87,481
	2006	1,004	1,074	922		18,512	77,414
	2005	1,101	1,147	1,026		18,354	111,725
	2004	1,051	1,138	1,063		17,539	90,072
	2003	857	1,063	984		20,186	82,103
	2002	706	1,028	746		17218	72,207'
	2001
	2000	980	1,075	918		20,521	57,150
	1999	866	1,033	919		18,042	58,354
	1998	951	774	1,015		18,469	47,459
	1997	898	925	1,115		18,419	48,384
	1996	942	1,030	1,231		17,183	52,104
	1995	1,037	869	1,333		15,780	47,957
	1994	1,053	919	1,481		15,672	45,222
	1993	1,078	889	1,514		15,088	55,925
	1992	1,083	877	1,488		15,151	43,436
	1991	832	789	1,422		13,634	51448
	1990	966	812	1,687		14,538	42,783
	1989	935	823	1,488		13,507	41,536
	1988	894	855	1,469		12Q62	29,076
	1987	835	842	1,673		12,091	26,856
	1986	868	897	1,370		10,567	23,647
	1985	845	844	1,439		10,206	21,285
	1984	885	773	1,469		9,503	15,196
	1983	913	792	1,503		8,520	9,789
	1982	895	695	1,574		6,851	9,651
	1981	843	747	1,095		6,019	8,638
'	1980 838 ao sho v held due to Foot and Mouth Disease		726	1,148		5,673	7,764

		2023	2022
Income
Subscriptions		44&544	40,534
Trade space		119,326	109,462
Special prizes	and sponsorship	92&331	82,789
Donations		2&001	3,765
Entry fees		33,053	33,599
Catalogues		1)771	2,443
Gate receipts		247)208	225,609
Show lunches		8,935	8,308
Catering commission		40,087	36,593
Sundries		1,507	753
Total income		590,763	543,855
Expenditure
Postage, phone, travel etc		5,424	5,320
Printing and stationary		5,043	4,925
Advertising		10,811	9,289
Accountancy		4,195	4,054
Insurance		7&624	7,759
Salaries, NHI	and pensions	107,794	73,508
Judges' expenses		7,504	6,696
Prizes		25,706	31,433
Attractions		8)354	11,557
Showground	expenses	Z84,256	265,835
Sundries		3)781	1,937
Bank charges	and commission	18,559	18,251
Office overheads		16,857	12,846
Professional fees		13,195	26,853
Affiliation fees		1,157	992
Computer and website expenses		9,772	6,931
Depreciation		3,857	3,705
Total expenditure		533,889	491,891
Operating surplus		56)874	51,964
Interest on investments		1,372	128
Total surplus	for the year	58&246	52,092