Charity Accounts Intelreading the accounts so you don’t have to

THE WESTMORLAND COUNTY AGRICULTURAL SOCIETY LIMITED

Registered charity 1067224 · accounts filings on the Charity Commission register · also known as WESTMORLAND COUNTY SHOW · listed website unreachable when last crawled

Latest income
£997k
Latest spending
£1.0m
Registered
1998
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a loss for the year of £93,503 due to rising costs and inflation, resulting in a net decrease in funds of £232,401 after investment revaluations. Despite this loss, unrestricted free reserves stood at £4,471,368, which the trustees confirm were maintained at a level equating to approximately two years' costs for the annual show. The auditors confirmed that the going concern basis of accounting was appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: approximately two years' costs for the annual show (held: £4.5m)
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately two years' costs for the annual show.” — page 5
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Armstrong Watson Audit Limited.

Structured financials (annual return, FY ending 31/10/2024)

Total income
£997k
Total spending
£1.0m
Cost of raising funds
£80k
Reserves (reported)
£4.1m
Employees
8

Reported reserves equal ~48.0 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
31/10/2024£997k£1.0m
31/10/2023£927k£1.0m
31/10/2022£852k£946k
31/10/2021£838k£727k
31/10/2020£249k£351k

Common questions

Is THE WESTMORLAND COUNTY AGRICULTURAL SOCIETY LIMITED financially healthy?

The accounts state that the charity reported a loss for the year of £93,503 due to rising costs and inflation, resulting in a net decrease in funds of £232,401 after investment revaluations. Despite this loss, unrestricted free reserves stood at £4,471,368, which the trustees confirm were maintained at a level equating to approximately two years' costs for the annual show. The auditors confirmed that the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2022 accounts were audited by Armstrong Watson Audit Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PRUDENCE TRUST1£40k
THE EARL FITZWILLIAM CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE BURWARTON AND DISTRICT AGRICULTURAL SOCIETY LIMITED.