IRIS Accounts Production v24.3.0.553 00047313 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh000473132023-03-31000473132024-03-31000473132023-04-012024-03-31000473132022-03-31000473132022-04-012023-03-31000473132023-03-3100047313ns15:EnglandWales2023-04-012024-03-3100047313ns14:PoundSterling2023-04-012024-03-3100047313ns10:Director12023-04-012024-03-3100047313ns10:CompanyLimitedByGuarantee2023-04-012024-03-3100047313ns10:SmallEntities2023-04-012024-03-3100047313ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100047313ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3100047313ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100047313ns10:FullAccounts2023-04-012024-03-3100047313ns10:Director22023-04-012024-03-3100047313ns10:Director32023-04-012024-03-3100047313ns10:Director42023-04-012024-03-3100047313ns10:Director52023-04-012024-03-3100047313ns10:Director62023-04-012024-03-3100047313ns10:Director72023-04-012024-03-3100047313ns10:Director82023-04-012024-03-3100047313ns10:Director92023-04-012024-03-3100047313ns10:Director102023-04-012024-03-3100047313ns10:Director112023-04-012024-03-3100047313ns10:Director122023-04-012024-03-3100047313ns10:Director132023-04-012024-03-3100047313ns10:Director142023-04-012024-03-3100047313ns10:CompanySecretary12023-04-012024-03-3100047313ns10:RegisteredOffice2023-04-012024-03-3100047313ns5:CurrentFinancialInstruments2024-03-3100047313ns5:CurrentFinancialInstruments2023-03-3100047313ns5:RetainedEarningsAccumulatedLosses2024-03-3100047313ns5:RetainedEarningsAccumulatedLosses2023-03-3100047313ns5:ComputerEquipment2023-04-012024-03-3100047313ns5:ComputerEquipment2023-03-3100047313ns5:ComputerEquipment2024-03-3100047313ns5:ComputerEquipment2023-03-3100047313ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3100047313ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 00047313 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Hull Corn And Feed Trade Association Ltd

Hull Corn And Feed Trade Association Ltd (Registered number: 00047313)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hull Corn And Feed Trade Association Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr R P Brocklesby
Mr T H Parker
Ms A M Sutherby
Mr M Woodall
Mr R D Mackay
Mr S Owbridge
Mrs S J Sosa Garcia
Mr M A Tickle
Mr H J Todhunter
Mr W A Millar
Mr C I'Anson
Miss N C Ingman
Mr T Shouksmith
Mr J W A Barker





SECRETARY: Ms D Bayliss





REGISTERED OFFICE: Unit 11, Market Weighton Business Centre
Brecklands Park Industrial Estate
York Road
Market Weighton
YO43 3GL





REGISTERED NUMBER: 00047313 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Hull Corn And Feed Trade Association Ltd (Registered number: 00047313)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41 242
Investments 5 50,000 55,000
50,041 55,242

CURRENT ASSETS
Stocks 17 5
Debtors 6 4,183 3,087
Cash at bank and in hand 55,141 49,771
59,341 52,863
CREDITORS
Amounts falling due within one year 7 904 822
NET CURRENT ASSETS 58,437 52,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

108,478

107,283

RESERVES
Income and expenditure account 108,478 107,283
108,478 107,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Hull Corn And Feed Trade Association Ltd (Registered number: 00047313)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by:





Mr H J Todhunter - Director


Hull Corn And Feed Trade Association Ltd (Registered number: 00047313)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Hull Corn And Feed Trade Association Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue comprises the fair value of the consideration received or receivable for the sale of goods and services in the ordinary course of the company's activities. Revenue is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the group's activities as described below.
The company provides trade organisation benefits to other organisations and people, these services are provided on a time and material basis or as a fixed price contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measure at their settlement value.

Donated assets
The association holds the following assets for which there is no attributable cost, but which have the following values for insurance purposes -

Chain of Office £9,995
Sterling Silver Trophy Cup £2,626

Fixed asset investments
Fixed asset investments, including shares and bonds, are initially measured at cost, comprising the acquisition price and directly attributable transaction costs. Impairment assessments are performed regularly, and any indication of impairment leads to the recognition of impairment losses.

Hull Corn And Feed Trade Association Ltd (Registered number: 00047313)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 1,702
DEPRECIATION
At 1 April 2023 1,460
Charge for year 201
At 31 March 2024 1,661
NET BOOK VALUE
At 31 March 2024 41
At 31 March 2023 242

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investec reserves 50,000 55,000

The market value of listed investments at year end were £57,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 4,183 3,087

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 144 16
Accruals & deferred income 760 806
904 822