Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3142023-04-01false3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03217110 2023-04-01 2024-03-31 03217110 2022-04-01 2023-03-31 03217110 2024-03-31 03217110 2023-03-31 03217110 c:Director3 2023-04-01 2024-03-31 03217110 d:FurnitureFittings 2023-04-01 2024-03-31 03217110 d:FurnitureFittings 2024-03-31 03217110 d:FurnitureFittings 2023-03-31 03217110 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 03217110 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 03217110 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-31 03217110 d:CurrentFinancialInstruments 2024-03-31 03217110 d:CurrentFinancialInstruments 2023-03-31 03217110 d:CurrentFinancialInstruments 3 2024-03-31 03217110 d:CurrentFinancialInstruments 3 2023-03-31 03217110 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 03217110 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 03217110 d:RetainedEarningsAccumulatedLosses 2024-03-31 03217110 d:RetainedEarningsAccumulatedLosses 2023-03-31 03217110 c:FRS102 2023-04-01 2024-03-31 03217110 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03217110 c:FullAccounts 2023-04-01 2024-03-31 03217110 c:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 03217110 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 03217110










THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY
 
(A company limited by guarantee)
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 7


 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY
 
(A company limited by guarantee)
REGISTERED NUMBER: 03217110

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
3,944
4,930

Tangible assets
 5 
1,347
2,712

  
5,291
7,642

Current assets
  

Debtors: amounts falling due within one year
 6 
44,863
47,888

Cash at bank and in hand
 7 
84,710
99,078

  
129,573
146,966

Creditors: amounts falling due within one year
 8 
(100,239)
(111,918)

Net current assets
  
 
 
29,334
 
 
35,048

Total assets less current liabilities
  
34,625
42,690

  

Net assets
  
34,625
42,690


Capital and reserves
  

Profit and loss account
  
34,625
42,690

  
34,625
42,690


Page 1

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY
 
(A company limited by guarantee)
REGISTERED NUMBER: 03217110
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

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 comprehensive income 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 on 21 November 2024.



David Childs (Hon Treasurer)
Director


The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The Society of Food Hygiene and Technology is a private company limited by guarantee incorporated in England. The address of the registered office and principal place of business is Unit 2 Lichfield Business Village Staffordshire University, Lichfield Centre, The Friary, Lichfield, Staffordshire, England, WS13 6QG.

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 financial statements are presented in Sterling (£).

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue 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 revenue is recognised:

Rendering of services

Revenue 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 revenue 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.

 
2.3

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Furniture and equipment
-
20% reducing balance basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

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.

 
2.6

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 and loans to related parties.

 
2.7

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.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 4).

Page 4

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Intangible assets




Database

£



Cost


At 1 April 2023
9,860



At 31 March 2024

9,860



Amortisation


At 1 April 2023
4,930


Charge for the year on owned assets
986



At 31 March 2024

5,916



Net book value



At 31 March 2024
3,944



At 31 March 2023
4,930



Page 5

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Tangible fixed assets





Furniture and equipment

£



Cost


At 1 April 2023
13,459


Disposals
(6,208)



At 31 March 2024

7,251



Depreciation


At 1 April 2023
10,746


Charge for the year on owned assets
953


Disposals
(5,795)



At 31 March 2024

5,904



Net book value



At 31 March 2024
1,347



At 31 March 2023
2,712

Page 6

 
THE SOCIETY OF FOOD HYGIENE AND TECHNOLOGY

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Membership fees
12,172
8,784

Supporting company membership fees
3,000
3,456

Training
3,104
718

Training academy
1,505
438

Annual luncheon
-
11,899

Events
5,568
312

Prepayments and accrued income
19,514
22,281

44,863
47,888



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
84,710
99,078

84,710
99,078



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
16,253
22,535

Corporation tax
246
51

Other taxation and social security
11,976
10,138

Other creditors
-
488

Accruals and deferred income
71,764
78,706

100,239
111,918




9.


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 £1 towards the assets of the company in the event of liquidation.

Page 7