REGISTERED CHARITY NUMBER.. SC 015512
OTt of the Trustees and
IIAU
ited Financial Statements for the Y
sr Ended 30th November 2024
Dumlries &
rbie A
ricultural
Soti
Farries Kirk & M¢Vean
Dumfries Enierprise Park
Duillfri¢s
DUMFRIESSHIRE
DGI 35J

D mfries & Lotktrbi
Societ
ultural
Contents of the FÉninciAI StRtemen¢$
for the Ye&r Ended 30th November 2024
Page
Report ofthe Trustees
Independent ExAmlrttr's Report
Statement of Finillclal A¢¢ivit1¢5
Balanee Sheet
Not¢5 to ¢he Financi41 St#tements
6 to 10
Detailed Statement of Financial Activitie5

Du]nfri
L kerbie A
Itur
ort of the Tru5tttS
for the Ye*r End
h November 2024
Th¢ trust¢¢5 present their report wilh the financial siatemenis of the ¢harity for the year ¢nded 30th November 2024. The trustees hav¢ adopted
the provisions of A¢counting and ReponinB by Chariti¢5.' Statemeni ofRecommended Practice applicable io charities PT¢paring their accounts in
a¢¢ordan* with the Financial Reporting Stsndard applie4bl¢ in the UK and Republic ollr¢land IFRS 1021 (effective l January 20191.
OBJECTIVES AND ACTIVITIES
Objettivts
The objective5 of the Society ar¢ the advancement of 28ri¢ulture, horticuliure and all rural induslri¢s including the improvement of stock and
crops. the promotion of industrial enierpri8e and g¢nerally all ens with which agri¢ulturt and the rural population is ¢onn¢ctcd.
ACHIEVEMENT Af4D PERFORMANCE
Review ofDevelopmtnt5, ActivitiC5 And Achievemtnts
The run up to thc 2024 Show and the majorii}' of Show Day was blessed ￿1th gre￿1 w¢ath¢T With only a mid-aftemoon shower putting
dampen¢T on thing5. although Guns and R05¢s did thcir very best lo kccp ihe crowd5 ¢nlertained.
The planning for th¢ show, as always, starts in the autumn with th
the weeks leading up to the show thc ground planning commiitcL,
and taking down aft¢Tward5. Their attention io d¢tsil is ¢xccprional.
iii¢es tneeting to organi8¢ the variou$ ¢la$ses and judg¢5. Jn
£iiid his team put many hvurs into preparing the show field
A big thanks io all OUT hHrd•WOTking committe£s and i
Iir makiii8 all this happen.
Attendance was up on the 2023 Show and ihere was a good tUTnouÉ of caiiie, sheep and horses and a w¢ll-supported Home Industries S¢¢tion.
Much ¢Tedit must go to our exhibiiof5 for the show of quality livestock and produre.
¥lle had a great lake-up of Trade %tand 5pJc¢. and ive thiink. our man¥. c¥hibilOTS ',Ind a150 our iit1É n) Sponsors who support us and help us put o
who used the field, gnd we musi thank
Thc cnd of 2024 also marked Ihe end o
lenure a& Seciil£ll-i ul. Ihe %oci¢ly. We must thaiik.
or all her hard iyork and
¢omtnitment during her tim¢ in th¢ post. 11. J￿1..bIllLd lu wclco
s our new S¢¢retary louk forward to working with
her as she settles irtlo ihe role.
I would also likc to thank Vi¢¢ Chairm
hard work over the last year. We all look
d every other Director and t0mrnil￿e tnemb¢r for theii
ornar
o a su¢t¢ss
how In
ugus
STRUCIURE, COVERNANCEAND MANAGEMENT
Gtsverthing document
The charily is controlled by its governing documenL th¢ Constitution and Rule5, and is ¢onsiiwied as on unincorporatcd Scottish Charity.
Recruitment and appointment of Dircctor5
The chaTity is govem¢d by a President, 10 Senior Directors, 20 Elected Directors and 20 w.opt¢d Director5 who are responsible for the ov¢rall
poliGy and 51Tategic direction of ihe Lharily. The chariiy is organi8ed so Ihut Ili¢ Directur5 meet regularly to manage its affwr&
Th¢ P￿Sident is nominated and appoini¢d at ihe AGM for a m&Yimum five years.
Senior Directors are notninated and ele£ied at the AGM for a illaximum of hve years. Settlor Dire¢iotS must be nominated from the Elected
Direcior$.Elected Directors are nominated ond ¢l¢¢l¢d ai Ihc AGM for 8 m&xiTnbm ot five years. Cwpted directors are ctroptcd annually al the
fsrst Directors meetin8 ￿er the AGM. Directors musi be membeTS of the Soci¢ty.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Chirlty number
SC015512
TrustCC5
Please see page J3 for lull list of trustees.
P￿¢7

Dumfrie
Lock rbie A
Societ
ricultur
51t
for the YtAr Ended 30th,NovembÈr 2024
REFERENCE AND ADMINISTRATXVE DETAILS
Independent Examiner
F8tti¢s Kitk & McV¢an
Dwnfrits Enterprise Park
Heaihhall
Dumfrie$
DUMFRIESSHIRE
DGI 3SJ
BAnkers
Bank of Scotland pl¢
91 High Street
Dumfries
Dutnfrie$ & Gajloway
DGI 2BN
Pag¢ 2

Inde
endent EximSner'$ Re
or¢ to the Trustees of
DuMlrie5 & Lockerbie A
Societ
I report on th¢ accounts for th¢ year cnded 30th November 2024 set out on pages four lo ten.
Rtspettiv¢ responsibilities of trustees •rtd examiner
The charity's trusiees ar¢ re5ponsibl¢ for the preparation of the accounts in accordanw with the terms of the Charitie5 and Trnstee Inv¢5trD¢nl
{S¢oiland} Act 2005 and the Charities Acwunts (Scotlandl Regulattons 2006 las aTnend¢dl. The charity's trustees ¢onsid¢r that the audjl
Tequirement of Regulation IOIIKal to Icl of Ihc Accounts Rcgulations does not apply. It is my T¢sponsibility to examine the accounts as required
under Section 44llllc} of the Act and to slate wheih¢r partieular matters have come io my 2tteDtion.
Basis of the indtp¢rtd¢nt examiner's report
My examination was carried out in accordance wilh Regulation I l of the Charilies A¢¢ounts (Scotlandl Regulations 2tM)6. An cxamination
inrlud¢5 a review of the accountin8 T￿OrdS k¢pl by the chariiy and 2 cornp8ri50n of the accounts presented with those r¢cord5. It also includ&
¢on5ideration of any unusual items OT disclosures in the a¢¢ounts. and seeking cxplanations fToin you as trustccs concerning any such maiters.
The procedures ￿ndertak¢ll do not provide all th¢ ¢videnc¢ that would be required in Audit. and con5¢quently I do not express an audit opinioK
on the vicw given by the ac¢ounts.
llldepelldÈnt ¢J#rniner's 5titement
In connection with my examirtatson. no matter has come to my atiention '.
which give5 me re8sonable cause to believe thaL in 8ny Mate￿al Te5PCCt, the requirements
to keep accounting TCCOTd5 in accordance with Section 4411 Ila) of the 2005 Act and Regulation 4 of Ihe 2006 Accounts Regul41ions: and
to pr¢pare accounts which accord with th¢ ￿CoUntIng rccords and to comply with Re8u121ion 8 of th¢ 2006 Accounts Regulation5
have not m¢t: or
12}
to which. in my opinion, attention Should be drawn in ord¢r io enabl¢ A PToper understanding of the a￿Ount$ to be rea¢hed.
'I'h¢ Institute of Chartered Accountants ofscotland
Farries Kirk & Mcvean
Dumfri¢s Entwris¢ Park
Heaihhall
Dumfries
DUMFRIESSHIRE
DGI 3SJ
20th March 2025
Page 3

Dumlries & Loekerbie A
Soeiet
tltenbent of Fi]JAntlAI Attiviti
for the Year Ended 30th Novem
er2
2024
Total
funds
2023
Toial
funds
Urtrestri¢ted
funds
Re5trict¢d
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and l¢gaci¢s
150.492
150.492
151,509
Investment income
Other incoine
29,225
6,202
29.225
6.202
20.136
6,100
Total
185,919
185.919
177.745
EXPENDITURE ON
Raising fvnds
186.736
186.736
191,852
NET INCOMEIIEXPENDITUREI
18171
{8l71
{14,107)
RECONCILIA TION OF FUNDS
Tot￿ fuDd5 brought forward
247.040
2,478
249,518
263,625
TOTAL FUNDS CARRIED FORWARD
246.223
2.478
248,701
249,518
The noies form part of ih¢se financial Stat￿ents
Pagt 4

m(rie5 & Lockerbie A
Societ
Balnnce Shett
Oth November 2024
2024
Tota]
fuftds
2023
Tot
fund5
Unr¢striued
funds
RestTicled
funds
Note5
FIXED ASSETS
Tangible assets
80,953
80.953
82.991
CURRENf ASSETS
Dcbiors
Inve5trnent5
Cash at bank
8.321
104.399
53.212
8.321
104.399
55.690
6.036
100,374
98.961
2,478
165.932
2.478
168,410
205,371
CREDITORS
knounts fHlling due within oney¢ar
1662)
{6621
138.8441
NET CVRRENT ASSETS
165,270
2,478
167,748
166.527
TOTAL ASSETS LESS CURRENT LJABILITIES
246,223
2.478
248.701
249.518
NET ASSETS
246.223
2.478
248.701
249.518
FUNDS
Unrt51ricted funds
Resiricied funds
10
246,223
2.478
247.040
2.478
TOTAL FUNDS
248.701
249,518
The fi
d <1Liiliori.qLd lor Is.%UL on 20ih March 2025 Hnd wcr¢ signed on its behalf by..
T])e note5 forni part of ihese finantial ststcment5
Page 5

Dumfrie5 & Lockerbie A
Sucie
Note5 to *he Financial Staiemtnts
for tht Ye*r Ended 30th November 2024
ACCOUNTif4G POLICIES
Bx$is of preparing the tIthAn¢ial stRtements
The financial slal¢￿¢nts of the charily, whi¢h is a public benefit entity under FRS 102, have been prepared ID accordance with Iht
Chwiti¢s SORP IFRS 1021 'Arcounting and Reporting by Charities.. Statement of Re¢omtnended Practice applicable to charitio
preparing their accounts in accordan¢¢ with the Financial RLporting Standard applicable in Ihc UK R¢public of Ireland IFRS 1021
(effective l January 20191,, Finfjncial Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic ol
Ireland, and the Charities and Trustee Investtneni (Scotlandl Aci 2005. The financial statements have been pr¢pared under Ihe hts(ori¢a)
Cost convention.
Income
All income is Tecognised in the Statement of Financial Aciiviiies once th¢ chaTity has entiilemeni to th¢ fund4 it 15 probable thai the
in¢Otne will be received and the arnount C8n b¢ mwuT¢d reliably.
Expenditure
Liabilities bre reeogni5ed a5 expenditure as soon as there is a Icgal or construrtivc obligation committing the charity to that exp¢nditure.
it is probable thai a transfer of tronomic benefirs will be required in seiiiemeni and Ihc amount of Ib¢ obligation can be Me￿￿r¢d
reliably. Expenditur¢ 15 accounted lor on tn a¢¢ruals b￿lS and has been classifivd und¢r headings that aggregate all cost TelJted to the
i¢gory. Where costs cannoi be directly attributed to particular headings ihey have been allocaied to activities on a basis consistenl
with the u8¢ of r¢souTce5.
Tingiblt fixed a55ets
Depreciaiion is provided at th¢ following annual rates in ord¢r to write off each asset over its r$timat¢d useful lifc.
Freehold Property
Improvements to property
Plan( Machinery & Equiptnent
5ts10 on c05t
50/0 on cosi
IOts/o on reducing balan¢e
Taxation
The chaTity 15 ¢XernPt from tax on ils ¢h8ritable activitses.
Fund attountin¥
Unrestricted funds can be used in accordance with lh¢ ¢haritable objectives ar the discr¢lion of th¢ trust¢e&
Restricted funds can enly bo u5¢d for particular restricted purposcs within the objects of the charity. Restrictions aris¢ when specified
by the donor or wh¢n funds are raised for particular restricicd purp05C5.
FurtheT explanation of the n*ure 2nd purpose of each fund is irtclud¢d in th¢ notes lo Ihe financid $iaietnents.
Peth$ion costs otber po$t-retirement benefits
The charity operates a defin¢d contribution pension scheme. Coniribuiions payable to the charitys pcnsion s¢heTn¢ aTe Gharged io the
Ststement of fTnanci81 Activilics in lh¢ period 10 which they Trlat¢.
FithAlltiwl instruments
Cish ind b9nk
Cash and bank compris¢s Cash on hand and funds held on dep05jt.
Trade debtor5
Trade debtors are amounts du¢ frorn customers for the provi3i0n of 5eTvices sold in the ordinary Course of operations.
Trade debtor5 are recognised initially at the Iransaciion PTlte and represeni the full value of the servsces charged io eustom¢r& including
any amounts ¢haTged on foi. Ihird partles.
Trade credltors
Trade creditors are obligations to pay for goods OT services that hav¢ been Acquired in the ordinary COUTse of busine55 from supplicrs.
Accounts payable are classified as ¢urTcnt liabilities if the Company docs noi have an unconditional righL at the end of the reportirtÉ
peTiod, to defer seiilement of the cr¢diior for ai least twelve rnonths afi¢r the reporting date. If there is an unronditional right to defet
settlemcnt for at least twelve month5 after ihe reporting dale they are presenied as nun current liabilities.
Pa8e 6

Dumfries & Lotkerbie A
Societ
rie
Note5 to the FinkntlRI
tatetn¢rLt
Dti
for the Year Ended 30th Yovember 2
24
Ir4vESTMENT INCOM
2024
2023
Ground Renis R￿1ved
D¢p051t Account Intere
25,200
4,025
19,600
536
29,225
20,136
fL41SING FUNDS
Raising donations gnd legae1È5
2024
2Q23
Support costs
186.736
191,852
TRUSTEES, REMUNERATION AND BENEFITS
Ther¢ were no trustees, remuner&tion or other b¢D¢fiiS foT ¢he yeaT ended 30th November 2024 nor for the year ended
30th November 2023.
Tru$ts¢s' txpen5es
There were no Irust¢es' expenses paid for thc year ended 30th Novemb¢r 2024 nor for the year ended 30th November 2023.
STAFF COSTS
The 2v¢rag¢ rnonthly numbcr of employees durin8 Ihe y&v w&$ as f(>llows.'
2024
2023
Administration Staff
No cmployees rcccived emoluments in excess of £60,000.
TANGIBLE FIXED ASSETS
Improvements
Plant.
Machinery
& Equiptn¢nt
Freehold
Properry
propety
Totals
COST
At 1st December 2023
Addiiions
117,096
65,251
25.747
2.721
208,094
2,721
At 30th Novernber 2024
117,096
65,251
18,468
210,815
DEPRECIATION
At 1st Dcc¢Tnb¢r 2023
Charge for year
89.893
720
16,643
3,038
18,567
I,ooi
125,103
4,759
At 30th Novembcr 2024
90.613
19,681
19,568
129,862
NET BOOK VALUE
At 301h Novemb¢r 2024
26,483
45.570
8.900
80,953
At 30th November 2023
27,203
48,608
7.180
82,991
Page 7

Dum(rit$ & Loek
Soeiet
leA
ej to the Financial Statements- tontinued
r Ended 30th liovember 2024
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other Debtors
8,321
6.036
CURRENT ASSET INVESTMINTS
2024
2023
Fixed T¢rrn Dep051t
104.399
100,374
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade Creditor5
662
38.844
io.
MOVEMEliT IN FUNDS
Net
mov¢Tnent
in funds
At
1.12.23
At
30.11.24
Unrestricted funds
General fund
Devclopment Fund
116.659
130.381
116.347
129,876
{505}
247.040
{817}
246.223
Restricted funds
Spcci21 Donations
2.478
2.478
TOTAL FUNDS
249.518
(8171
248,701
Net movement in funds, included irt the above are as follows..
Incom2ng
r¢sour¢es
Resourc¢s
pended
Movemeni
in funds
Unrts¢ri¢ted funds
General fund
D¢vclopFnent Fund
185.919
1186,231}
15051
15051
185.919
1186.7361
TOTAL FUNDS
185,919
1186,7361
18171
Page 8

Dumfries & Lotker
Sotitt
ItA
Notes to the Fin8Thci&l statem¢￿ts- eontinued
for the Ye*r Ended
thN
io.
MOVEMENT IN FUNDS- continued
CompfLratives rot mtsvem¢n¢ in
Net
movement
in funds
TTansfers
between
funds
Ai
1.12.22
Ai
30.11.23
Unrestri¢ted funds
General fund
Developmeni Fund
91,574
169.573
38,300
138,3001
116,659
130,381
261,147
114.1071
247,040
Restricted fund5
Special Dona¢ions
2.478
2.478
TOTAL FUNDS
263.625
249.518
Comparative mov¢m¢nt in tsnds, in¢luded in the above arc as follows..
Incoming
re50urce5
Resources
expended
Movement
in funds
UnTe5tricted funds
Genera] fund
Development Fund
177.745
1190,9601
18921
18921
177.745
1191,8521
114,1071
TOTAL FUNDS
177.745
1191.8521
A current y¢ar 12 months and prior year 12 months combin¢d positien is as follows..
Net
movement
in funds
Transf¢rs
b¢twe¢n
funds
At
1.12.22
At
30.11.24
Unrestricted funds
Genrral lund
Development Fund
91,574
169,573
{13.5271
11.3971
38,300
{38,3001
116,347
129,876
261,147
114.9241
246.223
Re$trittffll funds
Spccial Donation%
2,478
2,478
TOTAL FUNDS
263.625
114,9241
248.701
Page 9

Dumfries & tA*¢kerbie A
rieulturAI
Note5 to the FinAnti&l Statements- continued
for the Year Ended 30tli Trlovember 2024
io.
MOVEMENT IN FUNDS- tontinued
A current year 12 months 2nd prioryear 12 monihs combined net movemcni in fund& included in the above are as follows..
In¢oming
resourc¢s
Resources
¢K￿nded
Moverneni
in fund5
Unrestricted fund5
General fund
D¢v¢lopment Fund
363,664
{377,1911
11.3971
{13.5271
11,3971
363,664
{378,5881
{14.9241
TOTAL FUNDS
363.664
{378,5881
114,9241
RELATED PARTY DISCLOSURLS
The￿ were no related party trdnsactions for the year ended 30th November 2024.
12.
FUNDS
Restritted Fund_ Special DoDatioDs
The special donations fund consists of th¢ following'.-
Tom EdgRr MemDrial Fu￿d
This is for the Tom Edgar Memorial Trophy Ihai is presenied to the Holsteins
£350
Williim Hodgt Developmetht Fund
This 15 for the William 14odge Memorial Salver which is TQtated between the horses, dairy cattle. beef cattle and Sheep.
£1.108
J M R(kme Award
This w&% given by Jock Rom¢ in m¢mory of hi5 father for tht J M Rome Trophy and ￿]Y upkt¢p of it.
£300
J Ru$sell Tru$t
This was io givc 2 prizes dnnu211y 10 long serving agricultural ernployees ttnd th¢ retTpienls were 10 be decided by th¢
Nithsdale Agri¢ultural Society. Durnfrie5 & Lockerbie Agricultural Society took li over and the Director5 dccided thai
an award would be made 10 any a8riculilltral worker who re¢eTves a RHASS long s¢rvi¢e medal and who Tesides and
works within th¢ six parish¢s of Mid Nliihsdal¢ i.e DuT15deer, Morton. Clos¢burn, PenponL Tynron or Keir.
£720
Page 10

Dumlries & Lockerbie A
Detailid Statement of FinAncilll,IctÉvities
for the Year Ended 30th Nuvember 1024
2024
2023
INCOME AND ENDOWMENTS
Donations and legati¢s
Show Gale Income
Donations
Gran15 Received
Subscription$
ExhibiloT5 Rent
Catering Rights
EniFy Money
Car Parks
Caiulogue Sal
Catalogue Advertising
First Aid
Sponsorship
Sundry Income
57.203
672
52,096
927
5.CK)O
5,464
40,454
12.650
5.641
40,267
13,139
12,676
5.674
894
3.400
183
9.993
750
5.910
2,630
229
13.980
150,492
151,509
Investment Income
Ground Rents Rec¢ived
Deposit Account Jnlerest
25,200
4.025
19.600
536
29.225
20.136
Other incomt
Compens2tion
6,202
&ioo
Tot#1 incoming resource5
185,919
177,745
EXPENDITUR
Support eosts
mR￿AgeMent
'ages
Pensions
Insurance
Ttlephone
Postage
Showground Expenses
Sundries
Prize Money & Judges Exp¢ns¢s
Printing, Station¢ry and Advenising
Repairs & Rencwals
compu￿ Software
20,244
420
3.464
883
2.691
21,372
453
3.277
840
3,236
120.839
938
22,221
10,879
1.655
21.747
13.680
.397
884
1,2J4
180,977
185,289
Depreciation
Frtthold Property
Improvctn¢nls to property
PlanL Machin¢ry & Equipment
720
3.038
1.001
1,260
3.038
.265
4.759
5,563
This page does noi fom) part of the statutory financial *at¢tnents
Page 11

Dumfries & Look rbi
ocit
Detailed StAtement of FirJan¢ial Activities
r the YeAr Ended
th
er 20Z4
2024
2023
Depre¢iitlOD
Governsnce costs
Accouniartcy
I,o(N)
1.000
Total resources ¢xFKnded
186,736
191,852
Net expeThditure
Thi5 pag¢ docs not form part of the statutory flnancial siaiem¢nts
Page 12

Dumfries & Lockerbie A
Societ
Re
ort of the Trustees
For the Year Ended 30, November 2024
Page 13