Angus Agricultural Association
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR TO 30 SEPTEMBER 2024
Charity No: SC 004879

Reference and Administrative Infortnatio
Chatily Name:
Angus AEI'icllltural A4%oLiiilion
Ch¢irily Regisiralion Number..
SC 004879
Cunl¢lLI Addre.s5:
-59B I ligh Street
Edzcll
isiis
DD9 7TA
Priniipal ()ffiLe-l)earer
Jndc'pi'ndent 14'x&imine.r
Baiikeis
Rnycil Ilcink ol- Scoildnd,
Bi'(Iilii)Lk Bridge
Arbi'oalli

Trustees, Annual Report
Year ended 30111 September 2024
Structure, Governance and Management
Governing Document
The Association is administered in accordance with the Tern]s of il% Conslilulion & Rule%
Recruitment and Appointment of Trustees
Commillee Members of the Associalion (Ire the Chariiy Trustees. The Committee Members are chosen
froTn the Association Members who are Conside￿ d lo have the appropri<iie gifts and skills . The Chairman
who is <1 member of the Association is elected by the Committee from arnong81 the Members of the
Committee.
Organisational Strueture
Angu.4 Agriculiural Association operlites under the terms of ils Constitution (ind Rules. The Committee
is due 10 Tneel on the first Tuesday of each month of ihe year is responsible for all affairs within the
Associ<ilion.
Objectives and Activities
The As.%OCliilion i.s e%labli%hed for the following ch(Iril<ible purposes a.s defined under
Section 7(21 of the Charitie.% Lind Trustee Inve%inienl (Scoiland) Act 2005
7(21 (b) The Jdvancemcnl of cducalion
7{2} In Thc advdnLemenl ot citizenship (ind community developmenl
712) (g) Thc ddvdnccmenl of the arts, heritage, culture or .%cience
7(2) (ol The advanLemenl of anim411 welf(Ii'e
7(21 (In)The ddvdnLement ot. envii-oninent<il protection or improvement
And in furtherance Ihereof..-
a) Through the organi%<ltion of an iinnLial %how, lo provide <1 platform for the public to come and be
educ<iled and to le<irn ai fir%ihand dboul the meihods of land management (Ind animal hu%b£indry
through, for example crop competitions, <inimal showing ¢la44es. demonstrations (ind the various
displays which are <icce55ible to the public at the show
b) lo provide (ind inci'e&se dwarene%8 for the children of the. comrnunity{via competitions and
activities) which will ullimdtcly broaden their understanding of the natural envii'onment and its
Integration with farming Jiid food pi'oduclion as a whole To further promote <lrt (ind culture
Ihi'ough childi'en 5 coTnpelilion.% %ULh as baking and ci'e<itive arl
c} To promote excellence in a wide range of agricultural b<lSed <iclivities e.g. Sheep shearing and the
production of quality live.%loLk which are only achievable through high st<indard% ol crop
husbandry and iinimal welfare
d) To consider dll redsondble requests for Spon.%or%hip or Patronage (iSSOLidled with the furtherance
of agricultural culture and heritage, and the development of agricultural skill.8 within the UK and
over%e¢iS

e) The promotioii of good animal husbandry Ihrough the orgdnisdlion of lii'estock classcs which are
on public exhibition ¢iiid which are f'urther judged at the Show. The aniLnals on 8hDW (￿e frum
local farn15 and in prime condiiion dnd will include most (ypes of farm ¢inimdls (Lditle, 4heep.
godl%, hoThe%) w'cll gun duus and workiiig collies. Demonsli'alions of good hu%bandry will
als() includc, for c.g. shccp shcaring and horse shoeing
D To proniole Lind develop the pmleclinn, conservation and improvcmcnl of the physical dnd
naiural environment dnd lo further promote companie5 whuse dLllI'ilieg mdy furihei. this and all
ulhci vbj¢¢Liv¢s liei'e stdled
g) To establiqh andlor %uppurt dlly OLher ch￿table purpose falliiig witl)in the AsSULi¥ilion
c)bjeLlive%, dnd io l<tke %ucli slcps &5 iiiay be d¢¢m¢d appropriate for the purpose of raising funds
tor the A%%oci&tinn s activities
h) To continue with lind c)Iher uctivilic% dccnicd tn furthcr any of tlie above li£ted ohjeLlive.s
Achievements. und PLrfurmunce
The A%%ocidlion % annual show-
' Thc Angus Show" W<lS held (Il Ihe B￿chin site .
Financial Review
The A%sociaiioii Iiiadc a srnall profil pi'ior lo the purchclSe ot ti %ll)rdge L()nluin¢r
The only persun wh() reLei ved PiiyinLnl in dny foriii was Ilie Secrei¢iry/ Treasurer
reLeiv¢d a Ii)lal ul. £ 84UU in rLSPCCI of all aspects ot her serviLe prnvisinn
,who
Reierv*% Pi)licy
Ai Ilic Yc1￿ I. cnd the As50Cicilion h<icI a hiilcillLe (Il. unrestriLled tund8 aiiioiinling to £69188 these t'unds are
sutticienl lo. l. pi-civi(le the ￿￿OrKin¥ Cdpildl requirLd to .stagc Ihc 1¢ nniirfil Angus Show
2. pi'ovidc IIIL C.OlllllliLieL Mciiibcrs witli Ilie coiificlenLe Ihcil s111)uld, d% Ii&LS liappcncd in Ihc
p&sl. the Aniiu<il Sho￿, be overcome by eN'enli oul with ihc Control of Ilic Corninitiee, and
little or nn income be generdled by ihc Shuw. Ihcrc ai'c sufficicnl funds li) PLIY (he
Li'ediloi'% ul. Ilie Ass0¢isilioii. wirhoLIt recoiirsc lo ihe personiil ii%%et% ()i- Ihc McinhLrs of tlie
Coiiiiiiillcc
Thc AssocL<ilion dl%0 helll 12fO nl. re.%lriLled fund.s wliich h1( ve been pi'ovided for rhe purrK).%es ot Ihc Latc
Archibdld A Whyle s J'ri7c PLind

Trustees, Annual Report {contl
Year ended 30tb September 2024
Statement of Th￿tee5, RespoD5ibilities
The MembeTS Of (he Comrniitee mu%t prepare finiiiJLiJJ statemen(g which give sufficieni deiail to enable an
appTeLiaiioii Lif the irdnluciions of tl)e AsscKidlion during the financial vear. The Members Df tlie Cotnmiiiee
re ￿.￿p￿D.4]hIe for keepiug PiDper &leLuyniing records which, on request. Inu51 Tetleci Ihe finllncial position ol
the Association at Iliai lime. Thi5 Iniisl be done 10 ensure Ihai Ihe financial slatemeDts comply ivith rhe Clknriiieg
and TrL]siee Inve51ment (Scotlandl Act ?005, the Chariiies A￿ount$ I,8cnilandl RegulcitiDns ?QnlJ I'liey dTe
also responsible for safeguardino th¢ I￿sets ol. Ihe AssQClation llnd musl tuke i'ea%Onciblc ¥l¢ps foi. the PTei'enuon
andlor detection Df fiaiid and other in8ularilies.
AI iii",?IJLd Ilk IliL Ti'u4t¢ei iiii14lbrnL.d on ih¢ir behllif,
ChaiiTh#n
Date 3rd December 2024

An¥us AgrleulturAI AssoLiation
SC OU4879
Independent FJxaminer's Report to the Trustees of the Angus Agricultural Association
repoit on Ilie accoLiiils ot. the ch£irily I'oi. the year ended .311 %cpl¢mber 2024 which air sel out on Piiges 7 to
Respective re$pon5ibilities of trustees and exaniiner
The chai'ity, s trustee5 are respun%ible for ihe prepdrdlion of Lhe accounts in accordance with the lenn% ol. Ihc
Ch<iriiies ¢iiid Truylee Inve4lmenl (SLoilJnd) ALI 2005 and tlic Charities Accoiints (Scotl(ind) Regulaiions 2006.
The charity trLisl¢es consider that the ¢iudil requirement of Reguldlinn l O( I l (d) of Ilic Accounis Rcgiiliilions
does not <ipply. Ii is my IE.sponsibility lo ex4imine ihe dCCOLinl.¥ I'cquircd under section 44(1) (L) ot. the Act
and to stllie whether partlLuldr mdiier.s h￿Lve come lo rny al￿ntIOn.
Ba81% nf Iiidependent examiner's stutemenl
My cxamin¢l1ion is cai'L'ied Out in ¢lLL()rJanLe with Reguldlion 11 of ihe Chlql'ities Account% (SLoilund)
Regulcilions 9006. An ex(Imin<ilion inLludc4 11 rcviLw ()f tlic accounting reLorLl% kept by the chariiy and a
LOmP(Iri40n ol- Ihe dccounL% pr¢4enlcd with th04C i'ccol'ds. It also inLlude% ci)n%iderdlion of iiny uiiu.siial il¢ms or
di%clo%ui'cs in ihe iiccounis, and 5ccks expl4ill¢ilions Irom Ihe Iru%lLC% L(InLL'I'iiing any .SLich m4111ei's. The
procediii'es iiiidertLikeii d() nnl prnvide <111 the e¥'i(lenLe ih<il would bL rcquii'cd in an aLidil. and L()n%equenily I do
n()1 expre.s% (In audit opinion on the view given by tlic accounts.
Independent examiner's sthtement
In Ihc cour%e ot. m), ex&iminaiicin. nil muller h<14 Lumc lo my dllcnlion
whiLh gil'e% me red%oniiblc LdUSL to bL.licvc ihÉil 111 Ic Ily Illkltci-iÉil i'e%peLI the requiremenl%.'
to keep £icLouiiliiigT feLI)fLl% in LILLnrdanLe wilh Section 44(1'l la) of th¢ 2005 Aci and Regiiluiion 4 of Ih
20116 ALLI)unl% Ilc¥ulalii)ns, and
10 pi'cpat'c &ccounts w,hich <iccord with the aLLouniing reLord% lind Loiiiply wilh Regul(Ilic)n 9 1)I' the 2111)6
ALL(iunl% Reguldli(Ins hdve iiiil heen ITILI, Dr
2. 11) whiLlI. iii iiiv opiiiiaii, aiienlion slioiild bc drawn in order to endble a prO[￿r undLrsliLnding of the
Dlile..
ts￿￿￿201L

USA
ricultural A8sociati(bn
Recei
ts and Pa
ments Aceount
Year ended 30th se
tember 2024
Unrestricted
Restrieted
Endowment
Trunds
Funds
Total
Tothl
2024
2024
2024
21124
2U23
Recei
Note
LegaciL
ALlivili¢% fur Generaiing Funds
Bank & D¥p()%ii inlLTLsI
InvL%imLnt inci)mL
79924
79924
Y55Y6
1021
80945
80U45
96128
RLniul i)f prLll)i8CS
.%alL l)I' invL%imLnis
Visil .SL(>ilund Grdni
()IhLr RLLLIPIS
Total Rccci
ts
80945
9612
ment5
CiJsl.4 of generllting funds
Charitable #ctivities
79508
1090
In90
2698
Governance costs
Other pllyments
Purchll.se of A55ets
Y511
12tK)
Tot#1 Pa
ments
81548
81548
7.5875
Exc¢s5 of payment5 over income for the
yegr before transfers
Transfer5
Exce55 of Receipts over Payments for the
year
603
2U293

culhEral A
OD
atemtut ofB
'nreslricled
funds
Restrlel¢d
lunds
Endowmellt
funds
TDtsI
Totsl
Nt)t¢
nk&Dt
osit 11
Bdiik &. UL'pnsii balunces
bTIJULTrhi fiiN'ard
CApltal Expendify
Movcrnent in vt4r'.
ol IlcceipLS OVW
Payin¢￿ts for Ihc year
09791
250
7(K141
49748
16D31
1003)
20294
Bank & <k'pusii balanc¢s
eiirrted foN'Jrd
091XR
6Y4.18
7￿41
VISlh)eiJ
rktt v4lue
(cast L xxxxx}
Gift Aid ft¢¢¢ivuble
Co5L uf Tepair nDI yL41 billr(I
The llrcounis w¢r¢ upproved hy the Cnmmiiiee LTr51 ITO DeLemkn 2024

USA
ricultural Association
Notes to thc Accounts
l Trustee Remuneration and Relattd Party Transactions
No trusitre reLtrived any ietnun¢i£ili()n iir rLimhur%Lnicni i)f LXPLnses durjng the year,
No IruslLe or a person rtl<ilvd Ici <1 Irusiee had any pcr%nt]al inicrL5t in dlly Luniraci i)r
transaLtion entLred inlu by lh¥ Lharily durints IhL yLar.
2 Movements in Funds
At l Oetober
As 30 Sept
2024
At 30 Sept
2023
2023
Receipts
Payments
Unrestricted funds
()pLrutiiiniil Funds
69791
80945
81548
69188
69791
69791
811945
81548
691118
69791
Restrieitd fund$
LUIL ArLliibiild A Whyte's
Pri/.L Fund
250
250
250
2511
2511
Endowment fundg
To191 funds
711041
811945
711041
uf RLsiriLILLI Funds
Pri7.L Fund Capital

3 Analysls of Payments
2024
2024
2023
Costs of generating funds
Consists of
Payments to local volun(ary organisations
as per Charitable aciiviiies)
Prize money {and related costs-rosettes
elcl awarded to competitors
79508
79508
71937
11361
11361
11569
50981
50981
46954
Direci COqLS of operating Show
Bank chargye5
Administration expenses
Insurance
25
25
25
8400
8400
7700
2790
2790
2725
Printing 8tationary posta&ye & telephone
Arriliation fee8 licences etc
3510
3510
2232
1966
1966
732
Committee expenses
475
475
79508
79508
71937
Charlt8ble ¥ttlvliles
Payments to Ioc31 voluntary
organi$ations asyisiing ai show
1090
1090
2698
1090
1090
2698
Governance costs
Independeni examiner's fees
Other payment5
Purchase of absetb
950
950
1200
Purchase of investments
81548
81548
75835
4. The Secret&ryl TreAsurer reeelved a total of £8400 in respect of all aspects of the %rvice provlslon
to the As50C18tio￿. Thls ineludes offlee facilities
2024
2023
S. Collectlons for Third Parties