REGISTERED COMPANY NUMBER: 03574118 (England and Wales)

REGISTERED CHARITY NUMBER: 1164842

Report of the Trustees and

Unaudited Financial Statements For The Year Ended 30 September 2025

for

Kenilworth And District Agricultural

Society

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

12

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are specifically restricted to the following for the public benefit in Kenilworth and the surrounding area ("The district"): (i). to promote, improve and further the interests and understanding of all branches of agriculture in the district; (ii). to encourage all aspects of agricultural work by shows, demonstrations, competitions, exhibitions and instruction classes, and any one of them; (iii). to promote the improvement of the breeding of all classes of livestock; and (iv). such other purposes which may be charitable according to the law of England and Wales as the directors see fit from time to time.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Kenilworth & District Agricultural Society (KADAS) is a charitable organisation with a proud heritage spanning more than 80 years. Founded to bring the rural community together, the Society continues to support local farmers in achieving the highest standards of husbandry while promoting public understanding of agriculture, food production, and countryside management. Based in Warwickshire, KADAS serves both rural and urban audiences, providing a vital link between the public and the agricultural sector.

The Society fulfils its objectives through a variety of initiatives, including annual crop and livestock competitions, support for local Young Farmers Clubs, and the Young Farmer of the Year competition, with the Kenilworth Show remaining its flagship event. Working closely with the Kenilworth & District Young Farmers, the Society actively involves young people in planning and delivering events, recognising their vital role in sustaining the industry and ensuring the Society's continued relevance. The Young Farmer of the Year Award once again celebrated individuals who demonstrated exceptional knowledge, innovation, and commitment, while a Young Farmers Club representative serving on the Society's Board-this year elected as Vice Chairman-ensures that the voice of youth remains central to decision-making.

After a hiatus in 2024, the 2025 Kenilworth Show marked a triumphant return, celebrating agriculture, community, and countryside life. The event proved highly engaging, educational, and enjoyable for visitors of all ages, receiving widespread praise from exhibitors, sponsors, and the public alike. Highlights included vibrant trade stands, popular main ring attractions, and the ever-busy Village Green, alongside the largest display of vintage and modern machinery seen for several years and a highly successful livestock parade in the main ring-both of which drew considerable attention and admiration. These elements combined to create a lively and welcoming atmosphere, strengthened further by extensive media coverage and strong social media engagement, which significantly enhanced the Society's profile.

The success of the 2025 Show reflects the dedication of the Society's volunteers, partners, and young members, whose hard work ensured a professional, inclusive, and community-focused event. Building on this success, preparations for the 2026 Show are already well underway, with plans to enhance the visitor experience through a refreshed showground layout, an expanded Food Hall, and new interactive agricultural displays designed to engage, educate, and inspire. These additions will complement the Show's well-established equine, livestock, and countryside sections, its busy and entertaining main ring programme, and its many well-supported trade stands.

Throughout the year, the Society remained active and visible, hosting a diverse programme of events that united members, promoted best practice, and celebrated local farming and rural life. Highlights included the crop and livestock competitions, the annual awards presentation, and lectures from Nuffield Scholars, which showcased

the latest innovations and research shaping the future of agriculture. Building on previous successes, this year's competitions once again attracted strong participation across most classes, with judges commending the high standards of husbandry and stockmanship demonstrated by all entrants.

The Society also continues to support a range of local and national farming charities, recognising the essential work they do in sustaining the agricultural sector and supporting rural communities through challenging times.

The past year was also marked by renewal and fresh leadership. With a new Chair, President, and Vice-President taking office, alongside newly appointed Trustees, the Society has embraced new energy, ideas, and perspectives while remaining true to its long-standing traditions and core objectives. This refreshed leadership team is committed to exploring innovative ways to engage members, young farmers, and the wider community, ensuring the Society remains vibrant, relevant, and forward-thinking.

With this combination of experience, enthusiasm, and a clear vision for the future, the Trustees are confident that the Society is well-positioned to build on its achievements and continue delivering impactful, engaging, and inspiring initiatives for members, farmers, and the wider community in 2026 and beyond.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a charitable company limited by guarantee, governed by its Memorandum and Articles of Association. The Memorandum and Articles were incorporated on 2 June 1998. The Articles were adopted by special resolution dated 7 December 2015. The trustees, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year are set out above. The trustees of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of a winding up.

Recruitment and appointment of new trustees

The trustees are appointed annually at the company's Annual General Meeting.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03574118 (England and Wales)

Registered Charity number

1164842

Registered office

Home Farm

Pailton Road

Harborough Magna

Rugby

Warwickshire

CV23 0HG

Trustees

Mr G J Gatward

Mrs C J Mold

Mr C P Weetman

Mr A J Watton (resigned 11/12/2024)

Mr D S D Lodder (resigned 11/12/2024)

Mr E J Hunt

Mr G C Minshull

Mr R W Abbey

Mr I Beaty

Mr B Weetman

Company Secretary

Ms S Lawton

Independent Examiner

Harris & Clarke LLP

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 26 November 2025 and signed on its behalf by:

Mr R W Abbey - Trustee

Independent examiner's report to the trustees of Kenilworth And District Agricultural Society ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Harris ACA

Harris & Clarke LLP

7 Billing Road

Northampton

NORTHAMPTONSHIRE

NN1 5AN

26 November 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

12,500

3,420

Charitable activities

Membership

2,749

936

Show and other income

2

130,302

5,985

Investment income

3

574

839

Total

146,125

11,180

EXPENDITURE ON

Charitable activities

Show and other expenditure

129,942

17,328

Governance costs

665

565

Total

130,607

17,893

NET INCOME/(EXPENDITURE)

15,518

(6,713

)

Other recognised gains/(losses)

Gains on revaluation of fixed assets

5,137

5,851

Net movement in funds

20,655

(862

)

RECONCILIATION OF FUNDS

Total funds brought forward

101,685

102,547

TOTAL FUNDS CARRIED FORWARD

122,340

101,685

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

2025

2024

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

7

630

741

Investments

8

66,223

61,087

66,853

61,828

CURRENT ASSETS

Debtors

9

972

1,020

Cash at bank

57,915

39,332

58,887

40,352

CREDITORS

Amounts falling due within one year

10

(3,400

)

(495

)

NET CURRENT ASSETS

55,487

39,857

TOTAL ASSETS LESS CURRENT LIABILITIES

122,340

101,685

NET ASSETS

122,340

101,685

FUNDS

11

Unrestricted funds

122,340

101,685

TOTAL FUNDS

122,340

101,685

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 26 November 2025 and were signed on its behalf by:

Mr R W Abbey - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Website

-

33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	SHOW AND OTHER INCOME

2025

2024

£

£

Show income

129,573

3,677

Crop competitions

287

572

Other income - social

442

1,736

130,302

5,985

3.	INVESTMENT INCOME

2025

2024

£

£

Investment income from managed funds

-

55

Deposit account interest

574

784

574

839

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

111

332

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

3,420

Charitable activities

Membership

936

Show and other income

5,985

Investment income

839

Total

11,180

EXPENDITURE ON

Charitable activities

Show and other expenditure

17,328

Governance costs

565

Total

17,893

NET INCOME/(EXPENDITURE)

(6,713

)

Other recognised gains/(losses)

Gains on revaluation of fixed assets

5,851

Net movement in funds

(862

)

RECONCILIATION OF FUNDS

Total funds brought forward

102,547

TOTAL FUNDS CARRIED FORWARD

101,685

7.	TANGIBLE FIXED ASSETS

Plant and

machinery

Website

Totals

£

£

£

COST

At 1 October 2024 and 30 September 2025

6,631

3,318

9,949

DEPRECIATION

At 1 October 2024

5,890

3,318

9,208

Charge for year

111

-

111

At 30 September 2025

6,001

3,318

9,319

NET BOOK VALUE

At 30 September 2025

630

-

630

At 30 September 2024

741

-

741

8.	FIXED ASSET INVESTMENTS

Listed

investments

£

MARKET VALUE

At 1 October 2024

61,087

Revaluations

5,136

At 30 September 2025

66,223

NET BOOK VALUE

At 30 September 2025

66,223

At 30 September 2024

61,087

There were no investment assets outside the UK.

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

972

1,020

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,380

-

Accruals

2,020

495

3,400

495

11.	MOVEMENT IN FUNDS

Net

At

movement

At

1.10.24

in funds

30.9.25

£

£

£

Unrestricted funds

General fund

101,685

20,655

122,340

TOTAL FUNDS

101,685

20,655

122,340

Net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

146,125

(130,607

)

5,137

20,655

TOTAL FUNDS

146,125

(130,607

)

5,137

20,655

Comparatives for movement in funds

Net

At

movement

At

1.10.23

in funds

30.9.24

£

£

£

Unrestricted funds

General fund

102,547

(862

)

101,685

TOTAL FUNDS

102,547

(862

)

101,685

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

11,180

(17,893

)

5,851

(862

)

TOTAL FUNDS

11,180

(17,893

)

5,851

(862

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

At

movement

At

1.10.23

in funds

30.9.25

£

£

£

Unrestricted funds

General fund

102,547

19,793

122,340

TOTAL FUNDS

102,547

19,793

122,340

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

157,305

(148,500

)

10,988

19,793

TOTAL FUNDS

157,305

(148,500

)

10,988

19,793

12.	RELATED PARTY DISCLOSURES

Mr C P Weetman received an honorarium payment of £1,500 for his services as show director and a profit related bonus of £1,380.

Mrs C J Mold received £250 as Homecraft show secretary.