North Country Cheiiot Sheep Society Trusttes, ADnuAI Report Accounls for tbt yer tnded 28 Ftbrnry 202S Scottlsh Cb*rlty Number: SC012265
North Country Cheviot Sheep Society Index to the Accounts for the yeAr ended 28 Febru*r> 2025 Page Truste¢s' rcport Indepcndcnl cxaminerfs rert Receipts and payments account Statement of balanc Notes to the accounts
North Countn. Cheviot Sheep Socieh. Tru5tees' Annual Report Ind Atcouttts for the )'e*r tndtd 28 FebrnAry 2025 Scottish Chanty Number SCOI 2265 Curren¢ trnstees The charity is thinislered by a council compr.gin. Honorary prcsidenls President Vice President Iinmediale Past President S¢Lrdaryltr¢asur¢r & Ethtor of Flock Book Assistant swretaries Other members l %ippoinied l ts NovemL)er_Tru24 l %Lpwinicd 16 NovcmbLT 20?41 l &Lpwini¢d 16 Nov¢mber 20241 Other Irusi¢es durlng the yur Ir¢si8ned 16 Novcmbcr 2024} Ir¢signed 16 NoveD]ber 20?4} Irisigned 16 Novcmbcr 20241 1i.Lsigncd 16 Novcmbcr 2024} Ircsigned 16 November 2024) (resigned 16 November 2024} (r¢si¥d 16 November 2024) Junior Council Members Page I
Nortb Country Chevlot Sheep Soclety Tru5tees' AnDul Report ind Account5 for the )'eAr ended 28 Februar> 2025 Scottish Charity Number SCO12265 CoDtrt •ddress Recrulimtthi and ppolntmtDt of Trnitees All of Il)e S()ciety's Irusiees are apwjinied b). Ihe meml)ers ai otsr annual generdl mething. Truslees nomially serve for a period of three years after which they must retire and shall not be eligible for re- eleclion until one year has elapsed. Governlng document The Sociely is a charilable unincLYporated srtiety and ihe purww and administration arrangemenis are set out in our conslilulion and rules. Charitable purposes Our purwjse, as recorded in our conslitulion ond rules, is the encouragemeni of Ihe breeding of North Counlry sheep ond the maintenance of the puriiy of Ihe breed io esthblish and publish a flock bnok and to promoie shows and sales and providc iDforn)alion on sheep breedin8. A¢lltieS And achievemeDIs In ihe year, we Continu ihe encourngemenl of ihe breeding of North Couniry sheep and the maintenance of the purity of the breed. We also published a flock book and ci)niinueAI io pmmote shows and sales and provided infornlaiion on slw breeding. Reserves As a result of the surplus of £34,857 for the year. th¢ SrKi¢ty held unre5tricied funds of £301,825 At the year end. The Council consider ihe genernl fund of £301.825 wiu eDable us io continue io njn the Society for the forthcoming year. Approved by the Trusttts and SiLvned on their behalf nn ..Th.. Pge 2
Independent Ex*miner'5 Report to the Tru5tee5 of tbe North CouDtry Cheiloi Sheep Soclety
I report on thc ac¢oullts of the Society for the year elld 28 Fcbnwy 2025 which Jff out on pages 4 to 6.
This report is made solely to the irusiees as a IKxly, in accordaDce with RegulatlOD I l of the Clwities Accounts
(Scotlandl Regulations 20(. To the lIest exteni permitted by law. I do not accepi resnsIbIlity io anyone
other Ih
North Countrv CheTriot Sheep Society Income and Expenditure Account for the year ended 28 Febrnan. 2025 2025 2024 Receipts Atu]ual subscriptions Entrance fees and prefixes Rams- Main Flock - Main Rams- Hill F]k- Hill Flock Book Sale fees Sale of merchandi Donations Bank interest received 25,075 3.470 6,429 2,130 10.374 9.189 14.118 72,IlX) 1.965 899 3.550 24.107 2.620 6,258 2,202 9.603 8.898 15,062 63.096 885 548 2.914 Tol•l receipts 149,299 136.193 PavmeDts Secreiary, ireasurer and editor of flk knk Honoraria Travelling and ouilays Printin¥, siationery, posia8e, advertising. telephone clc Participalion in naiional shows Other shows - coniribuiions io exhibitors, prizes clc Purchase of merchandise Bank Charges Generdl expenses Mcctings and AGM cxpenses Independent examincfs fees Bad Debis 27,5(K) 27,5¢XI 2.970 2.693 49.058 15,827 48.704 14,51XJ 10.4 1.470 560 3.481 795 1,860 8,034 1.326 391 2,509 1,8(K) 534 Total pa)'tllent5 115.128 109.522 34,171 26.671 Overpayments received 686 1,208 Surplus for i'e•r 34.857 27,879 All funds are U[estriCted. P*ge 4
Nortb Countr). Cheyiot Sbeep Society St8temeDt of Balance% s it 28 Ftbruirv 202S 2025 2024 Bank and cash In hand OnIng b8lanc¢s 266,968 240.982 Surplus for year Less: capital purclwes 34.857 27.879 (1.893) 1825 Reserves Generdl funds Asstts Office and stand equipm¢nl - at valuation Siock of mcrchandis¢- at cost 1310 All fund5 are unreslricted. Approved by the Truslecs and Si1 on Iheir behalf on 2025. Presideni Page S
North Countr). Cheiiot Sbeep Socletv Note5 to th¢ Atcounts For ihe lear ended 28 February 2025 Prepar•tion of Accounts The accounis have been prepared in accordance '1th ihe Charities and TrustCe5 inN'estm¢nt (Scoilandl Aci ?005 and the Charities Accounts (S¢oiland) Regu]alions 26. Accordingly. the accounts of thc ¢lwi"ty hai'e bcen prepared on a receipts and paymen1$ basis. Trustees Remunerathtt #nd RelAted Prt)' Trns*rfloDs received a salary of £27.5 for providin8 services as sccrclaryltrcasujrr during ihe year. Goln% ConeerD Ai the dale on which the financi81 siaiemenis were approved. and with o 8¢n¢ral fiuMI of £301.825. the Presideni is of Ihe opinion that Ihe S(Ki¢ty remains a 80in8 collLYrn. Page 6