AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Rodney Armsliong- President Mr John Walson Past President Mr James Waterhouse- President Elect Mr Robert Cornish - Junior President (Appointed 12 May 20251 Elect Othèr officials Mr lan Palrick_ Business Coordinator (Appointed 12 May 20251 Mr Johll Hunter- Honorary President Mr Colin Christophers- Honorary President (Appointed 12 May 20251 Mr David Heasman - Honorary President IAppointed 12 May 20251 Charity number Iscotlandl SG007015 Prlncipal address 1 Racecourse Road Ayr Ayrshire Uniled Kingdom KA72UP Accountants Azets 3 Wellington Squaie Ayr Ayrshire United Kingdom KA7 1EN Solicitors Lockharts Law 12 Be¥esford Terrace Ayr Ayrshire United l('ngdom KA7 2EG
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND CONTENTS Pag• Truslees, report Accountants, report S181emenl ol financial activities Balance sheet Notes to the finanaal staternents 6-15
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their annual report and financial statèments lor the year ended 31 Oe¢ember 2025. The financial 51aternenls have been prepared in accordance with the accounting policies set out In note 1 to the rinancial slalemenls and comply with the Charity's gtsveming document, the Charilieg and Trustee Investment (Scollandl Acl 2005, the Charities AccoLJnts (Scotlandl RegLJlations 2006 las 8mendedl and "Accounting an¢S Reporting by Charities.. Statement ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandartj applicable In the UK and Republic of Ireland IFRS 1021 las amended for accounting periods commencir)g from 1 January 20161 Objectlves and activities The Ayrshire Cattle Society ol G3t Britain and Ireland continue5 to pursue the aims and objectives as laicj out in To maintain the PLJrily of the breed known as"Ayrshires" and lo foster, prtsmote and improve the breeding of Ayrshire cattle in Ihe United Kingdom ol Great Britain and Northern Irel8nd and the Republic of Iieland. To ¢ollecl venfy, re9lSter and preserve the pèdigrees of the said cattle and olhei useful information relaling to them whi15t maintaining standards of production and conformation. To promote exhibtlions, shows and events. To receive subscription5 and other payment5 in return for publications and, or services provided by the society." These airns and o)bjeclives shall be managed by a Council to be eleeled by membership in General Meeting. Councilmen to be elected on the basis of the odd number Districts in one year and the even number Oistricts the next. Each elected Councilman to serve a pèriod of two years and be eligible lo serve for a lurther two years rf re-elected. The Worfd Ayrshire Fedeialion Conference look place as part of the Society's activitiès, standing in contras110 the usual Annual Conference. The Office Bearers of the society are Palr()n, Honoiary Presidents, a Piesident, President-Elect. Junior Presidenl-ElÈct and Business Coordinator. There have been no material changes in the society objectives since the last ieport. Achievements and perfomiance Flnancial review The sooiety's investment policy is lo maximise total returns through the use of professional fund rnanagers. Investment portfolio valuations have decreased at the end of Detetnber 2025. No material uncertainties related to events or cOditIOnS that may cast signlficant doubt about the abilily of the harily lo continue as a going concern have been identified by the trustees. Structure, governance and management The charity is conliolled by il's governing document, a deed oy trust, and constilules an unincorporated charity. The Trustees who served during the year and up to the dale of sign8ture of thÈ financial slalements were.. Mr Rodnèy Armstrong - President Mi John VQ3150n- Past Piesidenl Mr James Waterhouse- President Ele Mi Robert Cornish Junior President Elect Mr Andrew Broadley- Past President Mr. A Lawrie Mr J Hunter IAppoiT7ted 12 May 20251 (Resigned 12 May 20251 (Resigned 12 May 20251
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees, report was approved by the Board of Trustees. Mr Rodney Am)strony - Prèsidtnt President Dated ..1 i ...og....Lc7. IL,
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND ACCOUNTANTS, REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND FOR THE YEAR ENDED 31 DECEMBER 2025 In order lo assist you to lulfil your duties undeT the Charities Act 2011, we have prepared for your approval the financial statements of Ayrshire Cattle Society of Great Britain & Ireland for the year ended 31 Decembei 2025, which cornpri5e the 5taternenl ol financial aclivilies. the 5umrnary income and expenditure account and the related nole5 frorn the charity's accounting records and from Information and explanations you have given us. This report is made lo the charity's Trustees, as 8 bDdy, in accordance with the terms ol our en9agemenl letter d31ed 16 March 2023. Our work has been undertaken 501ely lo prepare lor your approval the financial statements of Ayishire Cattle Society of Great Britain & Iieland and slate those tnatter5 that we h3ve agreed lo state to the chanty's Trustee5, as a body. in this report in accordance with ICAEW Technical Release 07116 AAF. To the lulle51 6xlenl peitted by law. we do not accept 01 assutnè responsibility lo anyone other than Ayrshire Cattle Society ol Great Britain & Ireland and the charity's Trustees as a body. for our work or lor Ihi5 ieport. It is your duty lo ensure that Ayrshire Cattle Society of Great Britain & Ireland has kept adequale accounting records and lo prepare statutory financial slatetnenls that give a true and fair view of the assets. liabilities, financial position and deficit of Ay15hire Cattle Society of Great Britain & Iroland. You consider that Ayrshire Cattle Sc>ciely of Great 8rilain & Ireland is exempt from Ihe stalutory audit reqLJiremenl for the year. and is not required to obtain an independent examinerfs report. We have not been Instructed lo cairy out an audil or a review ol the finanoial slalements of Ayrshire Cattle Society of Great Britain & Ireland For this reason, we have not verified the accuracy or completeness of the accounting records 01 inforrnalion and explanations you have given to us and we do not, therefore, express any opinron on the slalulory financial slatements. Azets 3 Wèllinglon Square Ayr Ayrshire KA7 1EN Date.
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestrieted Restrictèd funds funds 2024 2024 Total 2025 2024 Notes Income from= Donations and legaGie5 Charitable activities Other trading activilies Investmenls 45.204 64,545 68.010 41,294 45,204 64.545 68.010 43.303 40 044 68,728 383,487 45,391 40,044 68,728 383,487 47,743 2,009 2,352 Totsl income 219.053 2,009 221.062 537,650 2,352 540,002 Expenditure on.. Raising funds Chantable activities Olher expenditure 90.378 163.651 15,776 1.487 247 91,865 163.898 15,776 355.879 158.806 15.162 90 497 355.969 159.303 15,162 Total expenditLrrè 269,805 1,734 271,539 529,847 587 530,434 Nei gainslllossesl on inveslrnenls 2.484 13791 2,105 343 3,081 3,424 Net incomellexpenditurel and movement in funds 148.2681 11041 148.3721 8,146 4.846 12,992 Rè¢on¢iliation of funds.. Fund balances at 1 January 2025 939,206 71,766 1,010.972 931,060 66.920 997,980 Fund balance$ at 31 December 2025 890,938 71,662 962,600 939,206 71,766 1.010.972 The slatement of financial activities includes all gains and 105ses recogriised In the year. All income and expenditure denve from continuing activities.
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Notes Fixed assets Intangible assets Tangible assets Investment property Investments 12 8.750 2.122 625,000 309.429 2.596 625,000 367.085 14 945,301 994.681 Current assets Stocks Debtors Cash 31 bank and in hand 1.965 28.323 48.57S 2.528 40.734 43.213 16 78,864 86,475 Creditors: amounts falling due withln ong ygar 17 161,5651 170, 1841 Net current assets 17,299 16,291 Ttyt•l a$$ets less ¢Ufrent liabilities 962,600 1,010.972 The funds of the Charity Restricted Income funds Unrestrided funds 19 18 71.662 890.938 71766 939.206 962,600 1.010.972 The financial statements weie approved by the Tiuslees on Mr Rodney Armstrong - Piesident Prèsidènt
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policies Charity information Ayishire Cattle Society ol Great Britain & Ireland is 3 cattle society 1.1 Accounb"ng convention The financial statements have been prepared in accordance with thè Chaiily's governing document, the Chanlies Act 2011, FRS 102 The Financial Reporting Standaid applicable in the UK and Republic ol Ireland and the Charities SORP Accounting and Reporting by Charities.. Statement ol Recommended Piactice applicable to charities preparing their aGGoun15 in accordance with the Financial Reporting Slandaid applicable in the UK and Republic of Ireland IFRS 1 Q21 The Charity is a Public Benefit Enlily gs defined by FRS 102 The Charity has taken advantage of thè provisions in Ihe SORP Yor charities not lo prepare a slalement of cash flows. The financial slalemenls are prepared in steding. which is the functional currency of the Charity. Monetary atnount5 In these financial slalements 2re rounded to the nearest £. The f1nancial slatemenls have been prepared under the historical c05t convention. tmodified to include Investment pioperties and Gertain Iinancial instrurnents at fair valuo. The principal accounting policies adoptèd are set out below. 1.2 Going concern Al the litne of approving the Iinancial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continuè in operational existence for the foreseeable future. Thus the Tru51ees continue lo adopt the going concern basis of 8c¢ounling In preparing the financial stalemenls. 1.3 Charitable funds Unrestrioted funds are available for use al the discretion of the Trustees in furtherance of their charitablÉ objectives. Restricted funds are subject to specific conditions by donors or grantors 2$ to how they may be used. The purposes and uses of the restricted funds are set out in the note5 to the financial stalemenls. 1.4 Incoming resources Incotne is recognised when the Charity is legally entitled to it aftei any performance conditions have been tnet, the amounts can be weasured reliably. and It is probable that income will be received. 1.5 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or construdive obligation committing the charity to that expenditure, it Is piobable that a transfer of economic benefits will be required in settlement and the atnounl ol the obligation Gan be measured reliably. Expenditure Is accounted for on an accruals basis and has been classified under headings that aggregate all c05t ielated to the category. Vvhere costs cannot be directly allributed lo pariiculai headings they have been allocated to activities on a basis con515tenl with the use of reSoUrs. 1.6 Intangible fixèd assots other than goodwill Intangible assets acquired separately from a business are recognised al cost and are subsequently tneasured at cost less accurnulated amortisation and accumulated Impairment losses. ArNortisalion Is re¢ognised so as lo write off the c051 or valuation ol assets less their residual values over their useful lives on the following bases Website 20°/o on cost
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 Accounting policiès (Continued) 1.7 Tangible fixed assets langible fixed assets are Initially measured al cost and subsequently measured al cosl 01 valuation, nel oif depreciation and any Impairment losses, Depreciation is recognised so as to write off the cost or valuation ol assets less their residual values over their useful lives on the f(Jllowing bases-. Plani and equipmer)I Fixtures and fittings Computers 20°/o Oll Cost 10°/o reducing balanGe 20°/D on cost The gain or Ioss arising on the disposal of an asset is deterTnined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. Items of expenditure ¢0sting less than £250 are not capitalised. 1.8 Investment properties Investment property, which is property held to earn rentals andlor for capital appiecialion, is initially recognised at cost, which inclLJdes the purchase cost and any directly artributable expenditure. Subsequently it is measured al lair value al the reporting end date. Any aggregate surplus or deficit arising from changes In market value is transferred to unre5tricled funds. 1.9 Fixèd asset investments The society Invests in shale5 and securities on recognised stock exchanges. Investment descisions are made by the society's Investment Manager, Smith & Williarnson. Fixed asset investments are initially tneasured al transaction price excluding tian5action ¢osls, and are subsequently measured at fail value al each reporting date Changes in fair value are recognised in net incomellexpenditurel foi the year Transaction costs are expensed as Incurred. A subsidiary is an enlily Gonlrolled by the Charity. Control is the power to govern the f1nancial and operating poIiEie5 01 the entity so as lo obtsin benefits from its activities. Investments in subsidiaries are included at G051. No adjuslmenl lo market value is Included in the financial statements for he SLJbsidiries. 1.10 Stocks Stocks are stated at the lower of cost and eslimaled selling price less costs lo complete and sell after making due allowances for ob501ele and slow moving ilerns. 1.11 Retsrement benefits Payments to defined contribution retirement benefrt schemes are charged as an expense as they fall due.
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2025 Donations and legacies Unre$trictsd Unrestricted funds funds 2025 2024 SubsGriplions Catile Service contribution World Federation contribution Advertising recharge- Cattle SeNce Sundry incorne 29.292 8,600 2,519 535 4.258 24.680 8,600 2,515 420 3.829 45.204 40.044 Charitsble a¢tivities 202S 2024 Entry fees 64.545 68,728 Income from other trading activities Unrèstricted Unrestricted funds funds 202S 2024 Clas51fication income Promotion income Conference income 27.023 13.006 27,981 28.126 15.293 340.068 Other trading activities 68,010 383,487
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Inv85tments Unrestricted Restricted funds funds 2025 2025 Total Total 2025 2024 Rental Income Income from Ljnlisted investments Other interest receivable lllteresl receivable 36.775 2,367 2,031 121 36,775 4,376 36,775 9,693 2.009 2.140 1.275 41,294 2,009 43,303 47,743 For the year ended 31 Docèmber 2024 45.391 2,352 47,743 Raising fund5 Unrestricted Restricted funds fund$ 2025 2025 Total Total 202S 2024 and Classification costs Confcronce costs Meeting expenses Promotional expenses 26,886 33.183 1.605 28.704 26,886 33,183 1,605 30,191 27.863 299.763 2.576 25,767 1,487 Fundraising and publicity 9Q.378 1.487 91,865 355.969 For the year ended 31 Dècèmber 2024 Fundiaising and publicity 355,879 90 355,969
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 haritable activities 2025 2024 Staff costs Rent and rates Insurance Telephone Repairs HLJntei Dairy Consutting Office equiprnent rental Telereg fees 27,505 8,774 4,393 1,887 7,979 12,570 11.440 29.680 26,250 8,024 4,194 2.345 7.195 16.371 11.483 28,912 k 11 Postage and stationery Sundry expenses Travel anl subsistence Fixtures and fittings depreaats'on Computer equipment depreciation Bank charges Interest paid 2,406 1,472 10,720 236 240 1.436 23 2,724 3.139 7.647 237 24Q 4,921 120.761 123,682 Share of govemancè costslsee note 81 43.137 35,621 163,898 159,303 Analysis by fund Unre51ricted funds Restricted funds 163,651 247 158.806 497 163.898 159,303 For the year endèd 31 Dg¢ember 2024 Unrestricted fijnds Restricted funds 158.806 497 159,303 10-
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Support costs Support Govemance Gosts costs 2025 2024 Accountancy fées ALJdit fee Legal and professional Pedigree Livestock Services 2.900 2.900 3465 13.000 5,764 13,392 31,428 8.809 31.428 8.809 43,137 43.137 35,621 Analysed befvrfeen Charitable aclivrties 43,137 43,137 35,621 Trustees There were trusloes. expenses paid in the year ended 31 December 202S of £3,000 12024 - £4,500). The expenses relate lo travel costs reimbursed for trustees, during the year. 10 Employees The average monthly numbèr of employees during the ye81 Was". 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries Other pension costs 26,198 1,307 25.000 1,250 27.50$ 26,250 There were no employees who eived iemuneralion of £60.000 or greater during the year. There were no employees whose annual remuneration was more than £60,000. 11 Taxation The charity is exempt from lax on income and gains falling within section 505 of the Taxe5 Act 1988 01 section 252 01 the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo its oharilable objects.
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 12 Intangible fixed assets Webslte Cost At 1 JanLJary 2025 Additions - separately acquired 8.750 At 31 December 2025 8.750 Amortisation and impaimionl Al 1 January 2025 and 31 December 2025 Carying amount At 31 December 2025 8.750 At 31 Decembei 2024 13 Tangible fixed a55ets Flxtures and fittings Computers Ttstal ost At 1 January 2025 Disposals 36.101 7,003 15,8071 43.104 15,807) Al 310ÈcÈmber 2025 36,101 1.196 37,297 Deproclatlon and impairment Al 1 January 2025 Dèpreciation charged in the year Eliminated In respect of disposals 33.743 236 6,763 240 15,8071 40.50S 476 15,8071 Al 31 Decembér 2025 33,979 1,196 35.175 Carrying amount At 31 December 2025 2,122 2.122 Al 31 Decèmbei 2024 2.357 239 2.596 12
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Invèstmènt property 2025 Fair value Al 1 January 2025 and 31 December 2025 625.000 The fair value of the Investment property has been arrived at on the basis of a valuation cairied out on 31 December 2025 by the tiuslees,. The valuation was made on an open m8rkel valLJe basis by reference to markel evidence of transaction prices foi Similar pioperties. 15 Fixed asset Investments Listed Other investments Investments Totsl Cost or valuation At 1 January 2025 Addilions Valuation Changes Disposals 282.085 280,543 2,105 1408,6331 85.000 68.329 367,085 348.872 2.105 1408.6331 Al 31 Decernber 2025 156,100 153,329 309,429 Carrying amount At 31 December 2025 156.100 153,329 309.429 Al 31 DeGember 2024 282.085 85.000 367.085 2025 2024 Other investments comprise". Notes Investments in subsidiaiie5 21 153,329 85.000 16 DÈbtors 2025 2024 Amounts falling due within one year.. Trade debtors Amount5 owed by fellow group undertakings Other debtois Prepayments and accrued Income 21.026 275 3.348 3.674 20.241 3.323 17,170 28.323 40,734 13-
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 17 Creditors.. amounts falling duè within one year 2025 2024 Other taxation and social security Trade creditors Accruals and deferred income 887 47.023 13.655 540 26.760 42.884 61.565 70.184 18 unStrICted funds These are un1È51fided funds which are material lo the Charity's activities made up as follows.. At 1 January 2025 Incoming resources Rèsour¢e5 expended Gains and losses At31 Dècember 2025 General Fund Flank Renshaw Piomolional Fund General knnds 861,395 218,476 1275,5041 727 805,094 77,811 577 12781 5.977 1,757 79,867 5.977 939,206 219,053 1269,8051 2,484 890,938 19 Restricted funds The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they rnay be used. Movement in funds Incoming Fio$our¢e$ rssour¢es oxpanded Balan¢tr at 1 January 2025 Galns and 1ts5ses 31 Dpcember 2025 Breed Development 71.766 2.009 11,7341 13791 71,662 The purpose of the Breed Development fund Is to maintain the puiity of the breed known as ' Ayrshires ' antl lo foster, prornole and improve the breeding ol Ayrshire callle in the United Kingdom ol Great Bril8in and Northèrn Ireland and the Republic ol Irel8nd. 14
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 20 Related party transactions During the year ended 31 December 2025, admini51ralion fees of £8,60012024.' £8,600) were charged lo the wholly owned subsidiary, Cattle Servicès (Ayrl Limited. Al 31 December 2025. arnounls due from Cattle Services IAyrl Limited tolalled £275 12024.. £3.3231. Included within amounts due from the subsidiary Is a loan balance ol £nil12024.. £nill. Durin9 the year. a loan wa5 advanced lo and fully repaid by the subsidiary Interest of £2.01912024. £nill was received In respect of this loan. Othei recharges in the year between Cattle Services (Ayrl Limited included Income of £1,090 12024.. £21,406) and advertising recharges of £53512024.. £4201 21 Subsidiaries Delails of the Charilvs subsidiaries at 31 December 2025 are as follows". Name of undertaking Registered office Naturè ol business Class of shares held °/ts Hèld Direet Indirect Cattle Services (Ayrl Limited 3 Wellinglon Square, Ayr, Ayrshire. KA7 1EN Cattle brèeding services Ordin8ry 100.00
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 31 December 31 December 2025 2024 GENERAL FUND INCOME AND ENDOWMENTS FROM.. Voluntary income Sub5Griplions Cattle servi contribution Donations World Federation conliibulion Advertising iechaige - Catue Setvice Sundry incotll8 29.292 8,600 119 2,400 535 4,258 24,680 8.600 115 2.400 420 3,829 45.204 40,044 Other trading activities Classification income Promtstion INrne Conference Income 27,023 13,006 27,981 28,126 15.293 340,068 68,010 383,487 Investment in¢ome Rents received Other interest re¢eived Dividend income Interest reIved 36,775 36,775 1.791 2,140 4,714 1.275 40,718 42,764 Charitable activities Entry fees 64,545 68,728 Total income 218.477 535,023 EXPENDITURE ON: Fundraising trading= c05t of goods sold and othgr ¢o$ts Classification costs Conference costs Meeting expenses Promotional expenses 26,886 33,183 1,605 28,704 27.863 299,763 2,576 25,677 90.378 355,879 16
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DEGEMBER 2025 31 Decer77bèr 31 December 2025 2024 Charitable activitie5 Wages Social security Pensions Rent snd rale5 Insurance Repaiis and maintenance Hur)ler Dairy Consulting Office equipmenl rental Telereg lees Telephone Postage and stationèry Sundry expenses Travel and subsistence Fixlures and fittiT)gs depreciation Cotnpuler equpiment depieciation Interest paid Bank charges 26.198 25,000 1.307 8,774 4,393 7.979 12,570 11,440 29.680 1.887 2,406 1,472 10,720 236 240 23 1,436 1,250 8.024 4.194 7.195 16.371 11,483 28,912 2,345 2,724 3,138 7,647 237 240 4.921 120,761 123,681 Governance costs Piofe55ional lees Audit lees Accountaney fees Pedigree Livèstock Setvice5 30.903 4,718 13,000 3.465 13.392 2,900 8,e09 42,612 34.575 Other resouraces expended Publicity & prornotion expenses 15,776 15.162 Totsl expenditure 269,527 529.297 GENERAL FUND NET INCOMEIIEXPENDITUREI 151.0501 5,726 17_
AYRSHIRE CATTLE SOCIETY OF GREAT BRITAIN & IRELAND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 31 Docember 31 Dècember 2025 2024 FRANK RENSHAW PROMOTIONAL FUND INCOME AND ENDOWMENTS FROM.. Dividend Incotne 576 2.576 576 2,576 EXPENDITURE ON.. Legal and professional fees 278 549 Total •xpènditurè 278 549 FRANK RENSHAW PROMOTIONAL FUND NET INCOMEII EXPENDITURE) 298 2,027 BREED HERITAGE FUND INCOME AND ENDOWMENTS FROM.. Dividend Income 2,009 2,402 2,C>09 2.402 EXPENDITURE ON.. Promotion expenseg Legal and pitsléssional fees 1,487 247 90 497 Total expenditur• 1,734 587 BREED HERITAGE FUND NET EXPENDITURE 275 1.815 TOTAL NET INCOMEIIEXPENDITUREI 150,4771 9,568 18-