ROYAL AGRICULTURAL SOCIETY OF ENGLAND
Financial health, per its FY2024 accounts
The accounts state that the Society incurred a consolidated deficit of £176,510 for the year ended 31 December 2024, following a surplus in the prior year. The Trustees report that total free reserves stood at £514,000, which is above the stated policy target of at least £500,000, and confirm adequate resources for going concern.
What the accounts disclose
“In the band £100,001 - £110,000 1 4” — page 37
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Group Group 2024 2023 No. No. In the band £100,001 - £110,000 1 4” — page 37
“This policy would normally require halding total unrestricted operating funds of at least £500k.”
“During the year the Soclety recharged £66,759 (2022 - £7,294) to its subsidiary Innovation for Agriculture for rent and office running costs.” — page 53
“The Society Incurred recharges of £214,867 from Innovation for Agriculture, This related to salary recharges of £34,925 (2022 - €NIl) and specific charges relating to projects outsourced to Innovation for Agriculture of £179,942 (2022 - ENil).” — page 53
“During the year the Soclety recharged £66,759 (2022 - £7,294) to its subsidiary Innovation for Agriculture for rent and office running costs.” — page 53
“The Society Incurred recharges of £214,867 from Innovation for Agriculture, This related to salary recharges of £34,925 (2022 - €NIl) and specific charges relating to projects outsourced to Innovation for Agriculture of £179,942 (2022 - ENil).” — page 53
“During the year the Soclety recharged £66,759 (2022 - £7,294) to its subsidiary Innovation for Agriculture for rent and office running costs.” — page 53
“The Society Incurred recharges of £214,867 from Innovation for Agriculture, This related to salary recharges of £34,925 (2022 - €NIl) and specific charges relating to projects outsourced to Innovation for Agriculture of £179,942 (2022 - ENil).” — page 53
“The Society is the sole beneficial member of Innovation for Agriculture (fA), a charity with registered number 1155563” — page 54
Corporate structure
- Trading subsidiary: INNOVATION FOR AGRICULTURE Companies House 08811248
- Registered company of the charity Companies House RC000442
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ALASTAIR MICHAEL BROOKS
- Dr HOSEIN KHAJEH-HOSSEINY
- Michael Fiddes
- Paul James Westaway
- Robert Nicholas Foord Drewett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £2.1m |
| 31/12/2023 | £947k | £883k |
| 31/12/2022 | £504k | £585k |
| 31/12/2021 | £363k | £321k |
| 31/12/2020 | £623k | £372k |
Common questions
Is ROYAL AGRICULTURAL SOCIETY OF ENGLAND financially healthy?
The accounts state that the Society incurred a consolidated deficit of £176,510 for the year ended 31 December 2024, following a surplus in the prior year. The Trustees report that total free reserves stood at £514,000, which is above the stated policy target of at least £500,000, and confirm adequate resources for going concern. Its FY2024 accounts were audited by Dains Audit Limited.
What does the highest-paid employee of ROYAL AGRICULTURAL SOCIETY OF ENGLAND earn?
Per its FY2024 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PRUDENCE TRUST | 1 | £40k |
| ALAN BOSWELL GROUP CHARITABLE TRUST | 1 | £25k |
| THE RED SOCKS CHARITABLE TRUST | 1 | £11k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 1 | £5k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £3k |