DORCHESTER AGRICULTURAL SOCIETY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit of £19,547 for the year ended 30 November 2023, with total income of £784,794 and total expenditure of £799,372. Per the trustees' report, free unrestricted reserves of £533,502 fall within the target level set by the Board's reserves policy, which aims to maintain reserves equivalent to six to twelve months of gross expenditure.
What the accounts disclose
“the Board has established a reserves policy to maintain free reserves at a level that equates to between six months and twelve months gross expenditure.” — page 5
Structured financials (annual return, FY ending 30/11/2024)
Trustees
- Benjamin Best
- Ian Michael Sargent
- Jason Bowerman
- Karen Van Dijk
- Lucinda Wakely
- Paul Dunlop
- Rebecca HIll
- Stephanie Christine Addison
- William Hyde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £766k | £923k |
| 30/11/2023 | £785k | £799k |
| 30/11/2022 | £607k | £712k |
| 30/11/2021 | £138k | £142k |
| 30/11/2020 | £83k | £172k |
Common questions
Is DORCHESTER AGRICULTURAL SOCIETY financially healthy?
The accounts state that the charity reported a net deficit of £19,547 for the year ended 30 November 2023, with total income of £784,794 and total expenditure of £799,372. Per the trustees' report, free unrestricted reserves of £533,502 fall within the target level set by the Board's reserves policy, which aims to maintain reserves equivalent to six to twelve months of gross expenditure. Its FY2023 accounts were independently examined.