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

THE ROYAL WELSH AGRICULTURAL SOCIETY LIMITED

Registered charity 251232 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£8.1m
Latest spending
£7.4m
Registered
1967
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net negative movement in funds of £461,513 for the year ended 31 December 2022, driven by significant cost inflation and income stream challenges. Despite this loss, the Board of Directors maintains that free reserves are within the target policy range and that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: between 3 and 6 months resources expended which directly relate to the running of the annual shows (held: £2.4m)
“Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure. The Board of Directors has established a policy whereby unrestricted funds not committed or invested in tangible fixed assets i.e. free reserves, held by the group should equate to the equivalent of between 3 and 6 months resources expended which directly relate to the running of the annual shows.” — page 10
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services.

Public fundraising profile: JustGiving — ROYAL WELSH (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£8.1m
Total spending
£7.4m
Cost of raising funds
£33k
Reserves (reported)
£2.8m
Employees
47

Reported reserves equal ~4.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£8.1m£7.4m
31/12/2023£7.0m£6.9m
31/12/2022£6.4m£6.7m
31/12/2021£2.9m£2.8m
31/12/2020£2.1m£2.6m

Common questions

Is THE ROYAL WELSH AGRICULTURAL SOCIETY LIMITED financially healthy?

The accounts state that the charity reported a net negative movement in funds of £461,513 for the year ended 31 December 2022, driven by significant cost inflation and income stream challenges. Despite this loss, the Board of Directors maintains that free reserves are within the target policy range and that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2022 accounts were audited by Azets Audit Services.

Who funds THE ROYAL WELSH AGRICULTURAL SOCIETY LIMITED?

Funders whose own accounts filings name THE ROYAL WELSH AGRICULTURAL SOCIETY LIMITED as a grant recipient include THE PRUDENCE TRUST, THE EARL FITZWILLIAM CHARITABLE TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE PRUDENCE TRUSTFY2024£15k
THE PRUDENCE TRUSTFY2023£15k
THE PRUDENCE TRUSTFY2022£10k
THE EARL FITZWILLIAM CHARITABLE TRUSTFY2023£3k

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
ALAN BOSWELL GROUP CHARITABLE TRUST1£25k
THE RED SOCKS CHARITABLE TRUST1£11k
LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND)1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with MONMOUTHSHIRE SHOW SOCIETY LIMITED.