THE ROYAL CORNWALL AGRICULTURAL ASSOCIATION
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £261,294 for the year, a decrease from the prior year's £693,251, driven by reduced visitor numbers due to adverse weather and increased operational costs. Despite this, the charity maintains strong unrestricted and designated reserves of £6,628,491, which are largely invested in the Events Centre and financial assets to serve as an insurance policy against future disruptions.
What the accounts disclose
“One employee received emoluments of £85,000 to £95,000 (excluding employer pension costs).” — page 24
“One employee received emoluments of £85,000 to £95,000” — page 24
“The Council have continued to review the reserves policy taking into account the nature of the Association’s current activities and its future plans.” — page 11
“The aggregate value of all purchase transactions during the year was £46,767 (2024: £38,009) including value added tax.”
“The aggregate value of all sale transactions to members of the council during the year was £15,967 (2024: £3,094) including value added tax.” — page 28
“The aggregate value of all purchase transactions during the year was £46,767 (2024: £38,009) including value added tax.”
“The aggregate value of all sale transactions to members of the council during the year was £15,967 (2024: £3,094) including value added tax.” — page 28
“During the year a report was made to the Charity Commission and Information Commissioners Office (ICO) regarding a potential GDPR breach.” — page 11
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- ANTHONY LIONEL PASCOE
- Adele Jewell
- Adrian Charles Semmens
- Alan John Lutey
- Alan Snow
- Alison Melhuish
- Andrew David Nicholas
- Anthony Charles Brewer
- Arthur Michael Johnstone Galsworthy CVO CBE DL
- BISHOP BILL IND
- BISHOP TIM THORNTON
- Barbara Sleep
- COLONEL SIR EDWARD BOLITHO OBE
- Caroline Mary Dunstan
- Catherine Mead OBE DL
- Christopher Scott French
- Edward Coryton
- Edward Grenfall Bailey
- Edward Robert Coode MBE
- Elizabeth Anne Bowden
- Felicity Richards
- Fiona Ann James
- Frederick John Dyer MBE
- GRAHAM WILLIAM TUCKER
- George Blight
- Jack Scard-Morgan
- James Piran Williams
- James Richard Trelawney Kittow
- James Walkers
- Jeremy Paul Oatey
- John Richard Tremayne Willis
- Julian L Stanbury
- Katie Emmett
- Kelvin Redvers Williams
- LADY BANHAM MBE JP
- LADY CAREW POLE CVO JP
- Lady Alexandra Bolitho
- Lady St Levan JP DL
- MR JONATHAN COODE DL
- MR MICHAEL WILLIAMS DL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £3.4m | £3.3m |
| 30/09/2024 | £3.4m | £3.0m |
| 30/09/2023 | £3.1m | £2.7m |
| 30/09/2022 | £2.8m | £2.2m |
| 30/09/2021 | £721k | £836k |
Common questions
Is THE ROYAL CORNWALL AGRICULTURAL ASSOCIATION financially healthy?
The accounts state that the charity generated a net income of £261,294 for the year, a decrease from the prior year's £693,251, driven by reduced visitor numbers due to adverse weather and increased operational costs. Despite this, the charity maintains strong unrestricted and designated reserves of £6,628,491, which are largely invested in the Events Centre and financial assets to serve as an insurance policy against future disruptions. Its FY2025 accounts were audited by PKF Francis Clark.
What does the highest-paid employee of THE ROYAL CORNWALL AGRICULTURAL ASSOCIATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £85,001 - £95,000 band, and 1 employees earned over £60,000.