LINCOLNSHIRE AGRICULTURAL SOCIETY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £326,508 for the year ended 30 September 2025, resulting in a decrease in free reserves to £772,377. Per the trustees' report, this reduction was due to extensive investment in fixed assets and operating deficits, though reserves remain above the stated minimum policy target of £375,000. The charity maintains adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Charity Trustees consider the minimum operating level of free reserves to be £375,000. Free reserves are considered to be charity unrestricted reserves (but not including the charity’s tangible fixed assets).” — page 10
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- Andrew Lawrence Buckleychair
- Benjamin James Duckworth
- Benjamin John Atkinson
- David John Wallis
- Graeme Beattie
- James Charles Matthews
- Katherine Phillips
- Mark Andrew Poucher
- Peter David Harrison
- Robert Nelstrop
- Stuart John Mckenzie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £2.9m | £3.3m |
| 30/09/2024 | £2.9m | £3.1m |
| 30/09/2023 | £3.8m | £2.9m |
| 30/09/2022 | £2.6m | £2.3m |
| 30/09/2021 | £1.8m | £1.1m |
Common questions
Is LINCOLNSHIRE AGRICULTURAL SOCIETY financially healthy?
The accounts state that the charity reported a net deficit of £326,508 for the year ended 30 September 2025, resulting in a decrease in free reserves to £772,377. Per the trustees' report, this reduction was due to extensive investment in fixed assets and operating deficits, though reserves remain above the stated minimum policy target of £375,000. The charity maintains adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Streets Audit LLP.