Accounts presented to the AGM of members on Sunday 7 March for the financial year ending 31 December 2020 show that the Society’s financial position is sound.
In short, despite a very difficult year in 2020, with the combined effect of the COVID pandemic and drought conditions – though easing – the Society operated at a profit. Memberships, including Thousand Guineas registrations, increased, as did registrations. The amount of money on term deposit at year’s end also showed a year on year increase.
The Society, then, continues to be prudently run; which gives it the opportunity to provide its members with greater benefits whilst still retaining low annual membership fees and once-only registration fees for cattle.