Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-3010The principal activity of the company continued to be that of promotional, research and support services to the hop industry.2022-05-019truetruefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03234861 2022-05-01 2023-04-30 03234861 2021-05-01 2022-04-30 03234861 2023-04-30 03234861 2022-04-30 03234861 c:Director7 2022-05-01 2023-04-30 03234861 c:Director10 2022-05-01 2023-04-30 03234861 d:CurrentFinancialInstruments 2023-04-30 03234861 d:CurrentFinancialInstruments 2022-04-30 03234861 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 03234861 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 03234861 d:RetainedEarningsAccumulatedLosses 2023-04-30 03234861 d:RetainedEarningsAccumulatedLosses 2022-04-30 03234861 c:FRS102 2022-05-01 2023-04-30 03234861 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 03234861 c:FullAccounts 2022-05-01 2023-04-30 03234861 c:CompanyLimitedByGuarantee 2022-05-01 2023-04-30 03234861 6 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Registered number: 03234861










THE BRITISH HOP ASSOCIATION
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2023

 
THE BRITISH HOP ASSOCIATION
 
(A company limited by guarantee)
REGISTERED NUMBER: 03234861

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 5 
10
10

Current assets
  

Debtors: amounts falling due within one year
 6 
19,141
67,272

Cash at bank and in hand
  
199,326
200,021

  
218,467
267,293

Creditors: amounts falling due within one year
 7 
(4,328)
(62,274)

Net current assets
  
 
 
214,139
 
 
205,019

Total assets less current liabilities
  
214,149
205,029

  

Net assets
  
214,149
205,029


Capital and reserves
  

Profit and loss account
  
214,149
205,029

  
214,149
205,029


Page 1

 
THE BRITISH HOP ASSOCIATION
 
(A company limited by guarantee)
REGISTERED NUMBER: 03234861
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


S J Parker
A M Capper
Director
Director
Date: 12 March 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
THE BRITISH HOP ASSOCIATION

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

The British Hop Association is a private company limited by guarantee incorporated in England and Wales, the United Kingdom. The address of the registered office is Victoria Court, 17-21 Ashford Road, Maidstone, Kent ME14 5DA. 
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The directors have assessed that there are no significant doubts in the company's ability to continue as a going concern.
As a result, the financial statements have been prepared on a going concern basis.

Page 3

 
THE BRITISH HOP ASSOCIATION

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
THE BRITISH HOP ASSOCIATION

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Judgements in applying accounting policies and key sources of estimation uncertainty

No significant judgements have been made by management in preparing these financial statements.


4.


Employees

The average monthly number of employees, including directors, during the year was 9 (2022 - 10).


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2022
10



At 30 April 2023
10




Page 5

 
THE BRITISH HOP ASSOCIATION

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

6.


Debtors

2023
2022
£
£


Trade debtors
10,582
60,000

Other debtors
5,488
4,739

Prepayments and accrued income
3,071
2,533

19,141
67,272



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,255
60,399

Accruals and deferred income
2,073
1,875

4,328
62,274





8.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.

Page 6