2025-12-31-accounts - County Antrim Agricultural Association

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COUNTY ANTRIM AGRICULTURAL ASSOCIATION

Statement of Accounts for the Year Ended 31 December 2025

County Antrim Agricultural Association

Accounts for the Year Ended 31 December 2025

Contents Independent Examiner's Report 1 Income and Expenditure Account 2 Balance Sheet 3 Notes to Accounts 4-5

Pages

County Antrim Agricultural Association Independent Examiner's Report to County Antrim Agricultural Association

| report on the attached accounts of County Antrim Agricultural Association for the year ended 31 December 2025.

Repsective responsibilities of the charity trustees and examiner

As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008.

It is my responsibility to :

examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act
state whether particular matters have come to my attention.

Basis on independent examiner's report

| have examined your charity accounts as required under section 65 of the Charitieis Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act.

My examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters.

My role is to state whether any material matters have come to my attention giving me cause to believe:

That accounting records were not kept in accordance with section 63 of the Charities Act
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of the Charities Act
That there is further information needed for a proper understanding of the accounts to be reached.

Independent examiner's statement

| have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, | have found no matters that require drawing to your attention.

Mr Edwin McLaughlin FCA DT Carson & Co Chartered Accountants 51-53 Thomas Street Ballymena Co Antrim BT43 6AZ

Date: 10th February 2026

County Antrim Agricultural Association

INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025

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|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£|£|£| |Income| |Members|Subscriptions|268|405| |Trade|Stands|7,362|6,921| |Sponsorship|15,701|15,426| |Admission|Charges|19,450|21,763| |Entry|Fees|9,702|8,529| |Grants|6,000|6,000| |Interest|Received|2,122|2,473| |Miscellaneous|Income|492|1,547| |61,097|63,064| |Expenses| |Rent,|Rates,|Heat &|Light|5,000|5,000| |Insurance|3,518|3,234| |Salaries|&|Wages|10,000|10,000| |Stationery|637|874| |Advertising|2,542|2,285| |Postage|&|Telephone|1,696|1,542| |Bank|Charges|823|254| |Accountancy|Charges|3,600|1,200| |Affiliation|Fees|332|297| |General|Expenses|460|711| |Management|Software|System|2,160|2,160| |Hire|of|Equipment|&|Services|15,124|13,922| |Judges|Expenses|&|Catering|4,126|2,687| |Prize|Money|13,212|12,900| |Rosettes,|Trophies|etc|490|1,902| |Rent|of|Livestock|Market|3,600|3,500| |Charity|donation|1,500|1,950| |68,820|64,418| |(Deficit)/Surplus|before|Depreciation|(7,723)|(1,354)| |Depreciation|0|0| |(Deficit)/Surplus|for the year|(7,723)|(1,354)|

----- End of picture text -----

County Antrim Agricultural Association

Balance Sheet as at 31 December 2025

		2025		2024
	Notes	£	£	£	£
Fixed Assets
Fixtures & Fittings	1		0		0
Investments at Cost	2		53,000		53,000
CurrentAssets
Cash in Hand		3,070		1,219
Cash in Bank - Current		2,865		1,923
- Deposit		20,717		32,865
Debtors	3	1,800		1,755
Stock	4	7,779		6,242
		36,231		44,004
Current Liabilities
Creditors	5	19,960		20,010
Net CurrentAssets			16,271		23,994
Total Assets Less Current Liabilities			69,271		76,994
Represented By:
General Reserve			3,000		3,000
Capital Reserve			140,659		140,659
Income & Expenditure Account	6		(74,388)		(66,665)
			69,271		76,994
Trust Investments
£300 3.5% War Loan			236		236
Trust Funds
Annie McCaugheyAward Fund			136		136
Samuel Coleman Award Fund			100		100
			236		236

County Antrim Agricultural Association

Notes to the Financial Statements for the Year Ended 31 December 2025

1.	Tangible Fixed Assets
					Fixtures &
					Fittings
					£
	Cost:
	At 1 January 2025				15,846
	Additions				0
	Disposals				0
	At 31 December 2025				15,846
	Depreciation:
	At 1 January 2025				15,846
	Charge forthe year				0
	Depreciation release on disposal				0
	At 31 December 2025				15,846
	Net Book Value:
	At 31 December 2025				0
	At 31 December 2024				0
					Market
2.	Investments at Cost		Cost at 31	Dec 25	Value
			£		£
	£53,000 National Savings Income Bond			53,000	53,000
				53,000	53,000
3.	Debtors	2025			2024
		£			£
	Sundry Debtors	300			340
	Prepayments	1,500			1,415
		1,800			1,755
4,	Stock	2025			2024
		£			£
	Rosettes	7,779			6,242
		7,779			6,242

County Antrim Agricultural Association

Notes to the Financial Statements for the Year Ended 31 December 2025

5:	Creditors	2025	2024
		£	£
	Trade Creditors	17,560	18,810
	Accruals	2,400	1,200
		19,960	20,010
6.	Income & Expenditure Account	2025	2024
		£	£
	Balance at 1 January 2025	(66,665)	(65,311)
	Deficit forthe year	(7,723)	(1,354)
	Balanceat31December2025	(74,388)	(66,665)