Beith and District Young Farmers Club
FINANCIAL STATEMENTS
31/01/2025
CHARITY NUMBER SCO21894
1
Beith and District Young Farmers Club
FINANCIAL ACCOUNTS
YEAR ENDED 31/01/2025
| CONTENTS | PAGES |
|---|---|
| Legal and administrative information | 3 |
| Report of the Management Committee | 4 |
| Independent Examiner’s Report | 6 |
| Receipts and payments account | 8 |
2
Beith and District Young Farmers Club LEGAL AND ADMINISTRATIVE INFORMATION
YEAR ENDED 31/01/2025
CHARITY NUMBER: SCO21894
TRUSTEES:
Date appointed: 3[rd] March 2024
Chairman
Treasurer: Secretary:
Honorary President: Honorary Vice Presidents: Club Leaders: Vice Chairman: Assistant Secretary: Assistant Treasurer: Press Secretary: Drama Secretary: Committee:
INDEPENDENT EXAMINER:
3
Beith and District Young Farmers Club REPORT OF THE MANAGEMENT COMMITTEE
YEAR ENDED 31/01/25
MANAGEMENT COMMITTEE REPORT
The Management Committee submits their report for the year ended 31 January 2025.
ORGANISATION AND ACTIVITIES
The club is a charitable unincorporated organization. As governed by our constitution the club provides activities which further the personal development, cultural and training of young people and make rural life more attractive to the younger members of the community.
The Club is administered by the Management Committee who are appointed or elected at the Annual General Meeting.
The Club is affiliated to the Scottish Association of Young Farmers Clubs to whom the affiliation fees are payable. The Club can be contracted through the National Secretary, Scottish Association of Young Farmers’ Clubs, Young Farmers’ Centre, Ingilston, Edinburgh, EH28 8NE.
quoting Club name
Management Committee
The Members of the Management Committee during the year are listed hereafter. All the members were elected at the Annual General Meeting, held on Monday 4[th] March 2024 and held office throughout the year unless otherwise shown.
Honorary President: Honorary Vice Presidents:
Club Leaders: Chairman: Vice Chairman: Secretary: Assistant Secretary: Treasurer: Assistant Treasurer: Press Secretary: Drama Secretary: Committee:
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Accounts
The Management Committee have elected to produce the alternative form of accounts and the receipts and Payment Account and the Statement of Balances for the year to 31 January 2025. The Accounts have been examined by and the Committee.
Review of the Year
The Club have organised an extensive range of activities during the year, all of which meet the objectives of the Club. This year we gained a number of new members, which is great for the continuation of the Club. However the club has suffered a great financial loss throughout this year. The auditor has highlighted the main areas that have contributed to this. The Beith YFC committee for the year 25/26 aim to improve on these areas and regain a healthy profit for the club and its members.
Future Development
The Club will continue to organise activities which meet the object of the Club. In the coming years we would like to introduce new activities into our syllabus to appeal to all members interests helping to broaden the range of skills. We hope to give our members as much experience in their areas of interest so that they can take this experience further into competition.
The clubs long term objective is to continue to promote the cultural education and training of young people giving them the life skills they need to be successful in and outside the club environment. We hope to create a fuller realisation of the duties and responsibilities of citizenship by providing social amenities and means of a healthy recreation.
By order on the management Committee on Monday 3[rd] March 2025.
The club is affiliated to the Scottish Association of Young Farmers Clubs, contactable through: SAYFC
Young Farmers Centre Ingilston Edinburgh EH28 8NE
The accounts for the year are attached, and form part of this report. This report was approved by the Management Committee on 3[rd] March 2025. Signed
on behalf of the Management Committee:
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APPENDIX 3 OSCR SCOtth (tsrity. Regukcff Independent examinerfs report on the accounts Report to the Charty narr trusteeslmember5 of Beith & District Young Farnrs Cl Registered charity SC021894 number On the accounts of the chawity for the period Peri( start date Period end date Year Day Yeer 01 02 2024 31 2025 Set out on pages 5hEe15) Respective The charily's 1ftlees are respMSIt for Ihe Fyepar8tiC of the acLounts in aG(x)rdance responsibilities of wilh Ihe lem)s of the Charls and TnL%lee Invesfment (ScollarKI) 25 Ad and the trusteos and examinef CharitS A(munts (ScolL4nd} RJtIonS 20( {a5 amesMfw4. The charity trustees n5xler that the a111 requiiemenl of Regulation 10(1) (d) of the Actounts Regu18tions does not aprAy. K is my responsitmlity to examine the a()UnIS 8$ quirj under section 44(1) (cl ofthe Ai aNI to slate W111r particAdar matter5 have to my attention. Basis of indepent My examinatK)ll is (2rried out in aC[danC£ with Regulation 11 of the 20r Arxounts examtner's slatement RegulatKln5. An eXamirwti 8 tevw4¥ of t )ntirJ records kept by the tharity and a comparison of the accounts FKesenled with those recoKls. tt also indudes con5M#eration of any unusual itenB or d6ck)sures in the aw)unts and seeks explanatn$ frofll the ITU5tees con¢emyr¥J any such rnatters. The procedures undertaken do not provhJe au the ejence Ihal wouhj be required in an at¥lit and, consequently, I do ot express an audit opinion on the view given trj the )unts. Independent examinees In the course of my examinatmin. no matter has come to my attention [other Ihan that statement dtsdosed on the attached p¥Je1 which gives me reasonab cause to belie that in any material resped the requiremenls." lo keep accoUntj iecoqts accordance w¢th seclion 44(1) (a) ofthe 2005 Act and RegUlatn 4 of the 20( Accounts Regulations, and lo ppare atXX)tJnts which a(xxTrFtf wth the 8ux>unling records and comply with RegulatKJn g of the 20(hS Al)Unts RegulatJns have nol teen met, or n order to enable a proper Signef Namf.. Relevant professio qualifith"on{s} or tjo {if any 21102/25 Addre&. 'Please dethe[d% tthe bfack&ts I.. Ibey - folltyww pAge. '"tie Yiorts th awpy. se". iTrLtItr.ose matterswkn he o)me *rtion on th
APPENDIX 3 Disclosure section Only tt¢nptete rf the exariner needs to hilIght material pmblems. Give here brief details of any items that the examiner wishes to disclose The Club's Accounts for Year Ending 31 January 2025 show an overall deficit of £9, 819 which 13 a concern. I have highlighted the ll1n areas that have contributed to this deficit to the Treasurer and also prepared a Report for the new Office Bearers and COtEttee to review early in Year 2025/26. I have made it clear that the Club cannot sustain another Year sMlar to 24/25 and I am confident that the areas highlighted TAryII be addressed. William Boyd IThdependent Examinei
Beith & District Young Farniefs Club {SC021894) 5tstement ot Balan5 For the Deriod from 1st Februarv 2024 to 31st Januarv 2025 Unréstricted funds Restslcted Total funds funds 2025 Total tunds 2024 Cash 1 Ini nniA 1K A7< IncreasellDecreasel to Tuck Shop Cash in Hand Surplus/lDeticiti tor the Year Cash at Bank aD.d in Hand as at 3LJ0112025 1941 £ 19.8191 £ 7,838 (94) £ (9.819) £ 732 1.276 17.751 ank and cash balances Descri tlon FundType Unrestricted furKI Bank Current Account 7,638 17,657 HthrA ?nn 7.838 17.751 Lfter Assets Dè%crl tion FundT È !l¥¢t iF4144r4nrt rwln?l?n??! I InrA<fr1rp fiinA Laptop and Printer lat cost} Unrestricted fund 266 E 266 14,jJl Liabilit195 Oescri tlon Fund T INufle These accounts have been prepared from the books and %uChers maintained and ère in accordarKp with the retords.
Belth & DknIrtYoung Farn aub ISC021894} Ji41iVIT1i Vi Th¥EXiVU #iw roVlJl¥fY Forthe period from February 2024 to 31st January 2025 Unrestrirted Restrirted Total lunds lund5 Total funds 2024 2Q25 Receipts Subscriptions DonatlOn5/Spon50r5hip ReceNed Income from FuThdraisinyJE¥ents AAYFC Small Clubs Profit Sha¥e Miscellaneous Irscome Bank Interest 1.7 1,760 2.015 470 30.095 30.095 33,120 137 1,081 4.217 4317 36.572 36,571 36.823 P•yThents Affiliation Fees Donation5lSFonsorship Paid Ctssts of FUndraisinE¥ents Govemance Costs Cost of Club Meetings Printinq. Stationerv. Postage & Commtttee ExenSeS Miscellaneous Expend¢tu¥e 4.776 630 30.433 150 1.275 4.776 630 4,740 436 30A33 150 1?75 Z86 8WI 25.409 150 io £ 1.493 112 3,207 11 E 8.841 4K 491 Js.4r41 45 E47 Net Re£eipts / IPaymeThtsl 19.B191 190191 1,276 Transfer5 to/ Ifrornl Fund5 Surplusl (Delltltl for Year 19,8191 19.8191 1,276 The notes on pages 3-5 form ar5 integral part of these accoun
Beith & District Young Fanners Club ISC021894)
Notes to the Accounts
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Note
l Ba515 of AccountinR
These accounts have been prepared on the Receipts and Payments basis.
2 Funds
I InTPStrirtpA fi InAo thn<o thAt I i
6 Donatlonslsponsorships Received 2025 250 £ 2024 J&S Montgomery rr4 Dalry Farmers Society Ellen Kerr Awards nthpr 250 £ 200 20 S(Ml £ 470 7 Fundtai5inglEvents Drfill Income Expend 260 £ 160 £ 767 £ 446 £ £ I.E £ 2.301 £ 2025 I £ 321 £ (7011 £ 2024 288 782 12901 Mock Auction & Valuation Beef & SheeD Stockiudoin Dinner Dance I dierii )yvi jLv£¥j Talent Spot Dance Clay Pigeon Shoot jl.)4Vj £ 2.467 £ 912 £ 170 £ 135 £ 1555 £ 1.813 35 £ 164) ai+h 1AA ??0 Beith Show Dance Dalryshow Car Treasure Hunt Dairy Stockjudging £ 1,215 £ 280 £ 227 £ 51 £ 258 £ 104 £ 969 £ 497 £ 935 £ 176 £ 154 £ 471 £ 149 171 1,905 Dvi¢¥vi 01 IV Therned Dance Coffee Morning £ 1.504 £ 1,245 £ 576 £ 101 £ 259 £ 475 £ 117411 F rnnr>rt F 47?A *12a77 la1?1 Concert Previous Year120231 Loncert uance 518 £ L 2.JlY £ J,ui2 t 893 £ 368 £ {518) £ IbY4} t 525 £ 1100) £ 16151 L,Lbb 76 Burns Supper Dinner Dance120251 I £ Talent Spot Dance12025) 750 £ £ 30.095 £ 30,433 £ 1750) £ {338) £ 7.711
8 M15cellaneous Incorne Payments towards Club Clothing Exchange weekend- flights 1.576 Other 469 4217 9 Donation515ponsorships Made LiL4 181 150 250 250 Dc.ia.' 10.1 IJ T ie H... Donation to StAndrews Ambulance VVlldLIUII LV uiuILiI- ndl V&¥l t Iidiik>giviii 630 £ 436 In fnrtt 2Lf15 150 £ 150 £ 2024 150 150 Independent Examiner's Fee 11 Mlscellaneous Expenditure ri.-¢ A';.4T ir.s f.-.r nsRr• R•3r•r Club and Tug OFWaT aothing AAYFLISA YtrL Lompeiition tntne5 Exchange weekend- buses. tickets. flights HandicTaft5 ¥913 4JY 4347 73 Committee Day Outs12024 and 2025} Container Storage nthpr 350 fi?9 81 12 Valuaiion of Trophles r¥..k... carried out b ilmarnoek on 8th February 2023. This gave a total valLte for 1ftsuran purposes of £14.065 at that time.