County Fermanagh Farming Society Limited
(Charitable Company Limited by Guarantee)
Directors. Report for the year ended 31 December 2023
The Directors, who are the trustees for the purpose of charity law, have pleasure In
presenting their report and the unaudited financlal statements of the charitable
company for the year ended 31 December 2023.
The financial statements have been prepared In accordance wlth the Ststement of
Recommended Practlce °Accountlng and Reportlng by Charltles" (FRS 102) and the
Companles Act 2006.
Reference and Admlnistratlon Datalls
The referen￿ and admlnlstratlon detalls of the charlty are as shown on page 2.
Objectlves and Actlvities
The objects of the charltable company shall be to:
advance, promote and Improve agrfculture in all Its branches and In allled
home Industrles in partlcular by the holding of an annual show or shows,
exhlbltions and demonstratlons of equlpment and technlques.
promote the beneflts of the inhabltants in Ferrnanagh and Its envlrons (the
area of beneflt) through the advancement of educatlon, In partlcular by
promotlng a knowledge and understandlng of rural affalrs, rural development
and envlronmental Issues and an Interest In the agrlcultural Industry In
general, and the provlslon of facllitles In the Interest of soclal welfare for
recreatlon and other lelsure tlme occupatlons with the object of Improvlng the
conditions of Ilfe of the said Inhabltants. and
advance and encourage the protectlon and safeguardlng of the envlronment.
PublFc Beneflt statement
The dlrectors of County Fermanagh Farmlng Soclety Llmlted confirm that they have
complled with the5r duty under sectlon 4(6) of the Charltles Act (Northern Ireland) 2008
to have regard to the Charity Commlssion for Northern Ireland's gu5dance on publlc
beneflt and that the publlc beneflt requlrement has informed the activities of the
harltable company In the year ended 31 December 2023.
Achlevements and Performance
The board of dlrectors Is confldent that the charlty contlnues to meet Its performance
objettlves to beneflt the local communlty. The charlty contlnues to recelve funding from
the main show they run each year.
Flnancial revlew
Flnancial Performance
During the year ended 31 December 2023, the charlty had net outgoing resources of
£5,680 (2022: net outgolng resources £2,360).
Reserves Pollcy
As a charlty, the company is heavily rellant on the income generated by the Fermanagh
County Show. The board conslders it necessary to malntaln at least £90,000 of reseNes
to enable the company to contlnue to operate should there be any unexpected fall In
Incomlng resources.

County Fermanagh Farming Society Limited
(Charitable Company Limited by Guarantee)
Directors, Report for the year ended 31 December 2023
(continued)
Risk management
The directors have exarnlned the major strateglc, buslness and operational rlsks whlch
the charlty faces and confirm that systems have been establlshed to enable regular
reports to be produced so that the necessary steps can be taken to manage these rlsks.
structur•, Governance and Management.
Oryanlsational Strurture
The charltsble company is a company limited by guarantee, not havlng a share capltal.
The charitable company was establlshed under a Memorandum of Assoclatlon whlch
establlshed the objects and powers of the company and Is governed under its Articles of
Assoclatlon.
In accordance wlth the Artlcles of Assoclatlon, the members to retlre by rotatlon shall be
those who have been longest In office since thelr last electlon, and the relevant motlon
wlll be put at the Annual General Meetlng. A retlrlng mernber shall be ellglble for re-
electlon.
Dlrertors
The dlrectors who have served durlng the year are the same as those listed on page 2
Taxatlon Status
The company Is recognised as a charlty by HM Revenue & Customs. Accordlngly, the
company has avalled of the exemptlons contalned In Chapter 3 Part II Corporatlon
Taxes Act 2010 and Section 256 Taxation of Chargeable Galns Act 1992.
Dlrector•' responglbllltlo8
The dlrectors are responslble for preparlng the flnanclal statements In accordance wlth
applicable law and Unlted Kingdom Accountlng Stsndards (Unlted Kingdom Generally
Accepted Accountlng Practice).
Company law requlres the directors to prepare flnancial statements for each flnanclal
year whlch glve a true and falr vlew of the state of the affairs of the charitable company
and of the incoming resources and appllcation of resources, Includlng the Income and
expenditure, of the charitable company for that year. In preparlng these financial
statements the Dlrectors are requlred to..
select sultable accounting pollcles and apply them conslstently.
observe the methods and prlnclples In the Charltles SORP (FRS 102).
make Judgements and estimates that are reasonable and prudent.
state whether applicable UK Accountlng Standards have been followed. subject to any
materlal departures disclosed and explalned in the flnanclal statements. and
prepare the financial statements on the golng concern basls unless It Is Inappropriate
to presume that the charitable company will contlnue in operation.

County Fermanagh Farming Society Limited
(Charitable Company Limited by Guarantee)
Directors. report for the year ended 31 December 2023
(continued)
The dlrectors are responsible for keepSng adequate accounting records that dlsclose wlth
reasonable accuracy at any tlme the flnancial position of the charitable company and
enable them to ensure that the financial statements comply with the Companles Act
2006. They are also responslble for safeguardlng the assets of the charltable company
and hen￿ for taking reasonable steps for the preventlon and detectlon of fraud and
other irregularitles.
Small Companles Pxemption
The above report has been prepared In accordance wlth the special provisions relatlng to
small companies wlthln Part 15 of the Companies Act 2006.
port was approved by the board and slgned on Its behalf by:
An
Sec
rr
Date: