COMPANY REGISTRATION NUMBER: SC282677 CHARITY REGISTRATION NUMBER: SCO15480 Kilmaurs Farmers Society Company Limited by Guarantee Unaudited Financial Statements 31 August 2025 Kilmaurs Farmers Society Company Limited by Guarantee Financial Ststements Ygar ended 31 August 2025 Page Directors, annual report lincorporallng the director's report) Independent examinerfs report to the directors statement of financial activities (including income and expenditure account) statement of financial p0511ion Notes lo the financial slalemenls The following pages do not form part of the financlal gtatement8 Detailed statement of financial activities 12 Noteg to the detailed statement of financial activities 13 Kilmaurs Farmers Society Company Llmlted by Guarantoe Dlrector8' Annual Report Ilneorporating the Dlrector's Report} Year ended 31 August 2025 The directors, who are also the directors for the purposes of company law. present their report and the unaudited financial statements of the charity for the year ended 31 August 2025. Roferenco and admlnistrative details Registered charlty name Kilmaur5 Farmers Society Charity regi$tratlon number SC015480 Company registration number SC282677 Principal offlce and reglstered 7 Landsborough Drive office Kilmarnock KA3 1RY The diroCtor$ R. Andrew Vvilson Colin C Scott Company secretary Fiona Dykes Independent examlner Andrew B Wlson Mercantile Chambers 53 Bolhwell Street Glasgow G2 6TB structure. governance and Management The company is managed by a commillee, the office bearers of which are the Directors of the company. Objectives and activities The objectives of the company are lo encourage and advance through education the interest of agriculture within the area of Kilmaurs and its environs. Achievements and performance The company was incorporated on 5 April 2005 and cornmenced trading on 1 September 2005 when il took over the activities previously undertaken by the Kilmaurs Farmers Society Association. The company continue5 to organise and arrange for the Annual Show. Financial review Overall the company had a surplus of £1,343 for the year. Kilmaurs Farmers Society Company Limited by Guarantee Dlrector8' Annual Report (Incorporating thg Director's Report) (contlnuedj Year ended 31 August 2025 Small company provlslon8 This report has been prepared in acCOrdar￿ wlh the provisions applicable lo companies entitled lo the small companies exemption. The directors, annual report was approved on 11 November 2025 and signed on behalf of the board of trustees by.. QowJ)J , R. Andrew Wilson Director Fiona Dykes Charity Secretary Kilmaurs Farmers Society Company Llmited by Guarantee Independent Examinerfs Report to the Dlrectors of Kllmaurs Farmers Soclety Year ended 31 August 2025 I report on the financial slalemenls for the year ended 31 August 2025, which comprise the statement of financi818Ctivities (including income and expenditure account). slalemenl of financial position and the related notes. Respectlve responslbllities of dirgctors and gxaminer The charity's directors (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Iscollandl Act 2005 and the Charities Accounts IScolland} Regulations 2006. The charity directors consider that the audit requirement of Regulation 1011 Ila) to {cl of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44{1 Ilcl of the Act and to stale whether particular matters have come to my attention. Basls of Independent examlner's report My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosLJres in the accounts. and seeks explanations from the directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and cOnsequen￿Y I do not express an audit opinion on the view given by the accounts. Independent examlner's statement In connection with my examination. no matter has come to my attention.. {11 whi¢h gives me reasonable cause lo believe that in any material respect the requirements.. lo keep accounting records in accordance with section 4411lla} of the 2005 Act and Regulation 4 of the 20(% Accounts Regulations, and lo prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 12} lo which, in my opinion, allenlion should be drawn in order lo enable a proper understanding of the accounts lo be reached. Andrew B Wilson Independent Examiner Mercantile Chambers 53 Bolhwell Street Glasgow G2 6TB Kilmaurs Farmers Society Company Llmlted by Guarantee Statement of Flnanclal Activities Ilncluding income and expenditure account) Year ended 31 August 2025 2025 Unreslricled funds Total funds Total funds 2024 Note Income and endowments Donations and legacies Charitable activities Other trading acb'vities Total income 9,543 1,393 10,938 9,543 1,393 10,938 10,315 973 11,296 Expenditure Expenditure on charitable activities Total expendlture 9,595 9.595 9,595 9,595 9,684 9,684 Net incomB and net movemenl In funds 1,343 1,343 1,612 Reconclllatlon of funds Total funds brought fomard Total fund8 carried forward 17.652 17,652 18,995 16,040 17,652 18.995 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 6 to 10 form part of these financial ststements. Kilmaurs Farmers Society Company Llmlted by Guarantee SLgtement of Flnanclal Position 31 August 2025 2025 2024 Notè Current assets Debtors Cash at bank and in hand 14 1,863 17,372 19,235 17.777 17.777 Creditors: amounts falllng due wlthln one year Net current assets 15 240 125 18.995 17.652 17,652 17,652 Total assets less current liabilities 18,995 18,995 Net assets Funds of the Charlty Unreslricled funds 18,995 18,995 17.652 Total charity funds 16 17.652 For the year ending 31 August 2025 the charity was enlilled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors, resp)nsibililies.' The members have not required the company lo obtain an audit of its financial statements for the year in question in accordan￿ with section 476.. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of fi'nancial statements. These financial slalemenls have been prePa￿d in accord2n¢e with the provisions applicable to companies subject lo the small companies, regime. These financial slalement5 were approved by the board of trustees and aulhorised for issue on 11 November 2025, and are signed on beha5f of the board by.. VL R. Andrewwilson Director The notes on pages 6 to 10 form part of these financial Statements. Kilmaurs Farmers Society Company Llmited by Guarantee Notes lo the Flnancial Ststements Year ended 31 August 2025 General Informatlon The charity is a public benefit entity and a private company limited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered Offi￿ is 7 Landsborough Drive, Kilmarnock, KA3 1 RY. Statement of compllance These financial statements have be8n prepared in Complian￿ with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006. Aceountlng pollcle8 Basis of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the enlity. Going concem There are no material Un￿rtaInlieS about the charity's ability lo continue. Judgernen15 and key sources of estimation uncertainty The preparation of the fi'nancial statements requires management lo make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgemenlg are continually reviewed and are based on experien￿ and other factors, including expectations of future events that are believed lo be reasonable under the circumstances. Fund accounting Unrestricted funds are available for uge at the discretion of the trustees lo further any of the charity's purposes. Designated funds are unreslricled fund$ eam)arked by the directors for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes.. reslricled income funds or endowment funds. Kilmaurs Farmers Society Company Limited by Guarantee Notes to the Flnanclal Statements (conrfnued) Year ended 31 August 2025 Accounting policies (¢ontlnuedJ Incoming resources All incoming resources are included in the statement of financial activities when enlillemenl has passed lo the charity., it is probable that the economic benefits 8ssocialed with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, re￿Ipl is probable and ils amount can be measured reliably. legacy income is recognised when receipt is probable and enlillemenl is established. income from donated goods is measLtred al the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when reTrived if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted seNice. This is classified as unreslricled funds unless there is a eonlr8clual requirement for it lo be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Ex￿ndItUre is recognised on an accruals basis as a liability Is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the slalement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising aclivilies, events, non-charilable trading aclivilies, and the sale of donated goods. expenditure on charitable activities includes 811 costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the govemance of the charity apportioned lo charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of ils expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs allribulable to a single activity are allocated directly lo that activity. Shared costs are apportioned bebmeen the activities they contribute lo on a reasonable, jusb'fiable and consistent basis. Limlted by guarantee The Company is Limited by Guarantee, and as such. on winding up each members liability is restricted lo £1, Kilmaurs Farmers Society Company Limited by Guaranteo Notes to the Financial Statements (contlnued) Year ended 31 August 2025 Donatlons and legacies Unrestricted Total Fundg Unrestricted Total Funds Funds 2025 Funds 2024 Subscrlptlon8 Subscriptions Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Annual show 9,543 9.543 10,315 10.315 Other trading activities Unreslrioted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 YF Concert Dance Cropping compelilion Mr & Mrs Gameshow night 715 15311 1,209 1,393 715 15311 1,209 1,393 1,359 13861 1,359 13861 973 973 Expenditure on charitable activities by fund type Unreslricled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Annual Show Donations Support costs 9,117 100 378 9,117 100 378 9,066 100 518 9.066 100 518 9,595 9,595 9,684 9,684 The Independent Examiners fee was £nil12024' £nill Expenditure on charitsble activities by activity type Activities undertaken Grant funding directly of activities Support costs Total funds 2025 Total fund 2024 Annual Show Donations 9,117 378 9,495 100 9,584 100 100 9.117 100 378 9,595 9,684 Kilmaurs Farmers Society Company Llmlted by Guarantee Notes to the Flnanclal Slatemenls fcontlnued) Year ended 31 August 2025 10. Analysis ofsupport C08ts SupFX)rt Costs Total 2025 Total 2024 General office 377 377 517 11. Analysis of grants 2026 2024 Grants to Institutions PDSA My Name'5 Doddie 100 100 100 100 Total grants 100 100 12. Staff costs The average head count of employees during the year was Nil12024.' Nil). No employee received employee benefits of more than £60,000 during the year12024.' Nill. 13. Trustee remuneratlon and expense8 The Trustees received no remunerats'on or expenses during the year. 14. Debtors 2025 2024 Trade debtors 1,863 15. Creditors: amounts falling due within one year 2025 2024 Trade creditors Accruals and deferred income 240 125 240 125 Kilmaurs Farmers Society Company Limited by Guarantee Notes to the Flnanclal Statements (contlnued) Year ended 31 August 2025 16. Analysis of charitable funds Unrestricted funds At 1 September 2024 At 31 August 20 25 Income Expenditure General funds 17,652 10,938 {9,595) 18,995 Al 1 September 2023 Al 31 August 20 24 Income Expenditure General funds 16,040 11,296 19.684} 17,652 17. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Current assets 18,995 18,995 Unrestricted Total Funds FLtnds 2024 Current assets 17,652 17.652 10- Kilmaurs Farmers Society Company Llmlted by Guarantee Management Information Year ended 31 August 2025 The following pages do not form part of the flnancial statements. 11 Kilmaurs Farmers Society Company Limited by Guarantee Detailed Statement of Flnanclal Actlvltles Year ended 31 August 2025 2025 2024 Income and endowments Donations and legacies Subscriptions Charitable activities Annual show 9,543 10,315 other trading activities YF Concert Dance Cropping competition Mr & Mrs Gameshow night 715 15311 1,209 1.359 1386) 1.393 973 Totsl income 10,938 11,296 Expenditure Expenditure on charlLible activities Purchases Other office costs Donations 9,117 378 100 9.066 518 100 9,595 9.684 Total expenditurg 9,595 9,684 Net income 1,343 1,612 12- Kilmaurs Farmers Society Company Limited by Guarantee Notes to the Detailed Statement of Flnanclal Actlvltles Year ended 31 August 2025 2025 2024 Expgnditure on charltable actlvltles Annual Show Activities undertaken dlrectly Annual show- purchases Support costs Support- other office costs Donations Grant funding activities Donations 9,117 9.066 378 518 100 100 Expenditure on charltable a¢tivities 9,595 9,684 13-