British Free Range Egg Producers Association 15109283 false 2023-09-01 2024-05-31 2024-05-31 The principal activity of the company is a British Free Range Egg Producers Association Digita Accounts Production Advanced 6.30.9574.0 true true 15109283 2023-09-01 2024-05-31 15109283 2024-05-31 15109283 core:CurrentFinancialInstruments 2024-05-31 15109283 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 15109283 core:FurnitureFittingsToolsEquipment 2024-05-31 15109283 bus:SmallEntities 2023-09-01 2024-05-31 15109283 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-05-31 15109283 bus:FilletedAccounts 2023-09-01 2024-05-31 15109283 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-05-31 15109283 bus:RegisteredOffice 2023-09-01 2024-05-31 15109283 bus:Chairman 2023-09-01 2024-05-31 15109283 bus:CompanySecretary1 2023-09-01 2024-05-31 15109283 bus:Director10 2023-09-01 2024-05-31 15109283 bus:Director11 2023-09-01 2024-05-31 15109283 bus:Director12 2023-09-01 2024-05-31 15109283 bus:Director13 2023-09-01 2024-05-31 15109283 bus:Director14 2023-09-01 2024-05-31 15109283 bus:Director15 2023-09-01 2024-05-31 15109283 bus:Director16 2023-09-01 2024-05-31 15109283 bus:Director2 2023-09-01 2024-05-31 15109283 bus:Director4 2023-09-01 2024-05-31 15109283 bus:Director5 2023-09-01 2024-05-31 15109283 bus:Director6 2023-09-01 2024-05-31 15109283 bus:Director7 2023-09-01 2024-05-31 15109283 bus:Director8 2023-09-01 2024-05-31 15109283 bus:CompanyLimitedByGuarantee 2023-09-01 2024-05-31 15109283 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-05-31 15109283 core:OfficeEquipment 2023-09-01 2024-05-31 15109283 countries:EnglandWales 2023-09-01 2024-05-31 iso4217:GBP xbrli:pure

Registration number: 15109283

British Free Range Egg Producers Association

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Period from 1 September 2023 to 31 May 2024

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British Free Range Egg Producers Association

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

British Free Range Egg Producers Association

Company Information

Chairman

J Baxter

Directors

L Hinch

K Simpson

P A Jones

T Sellers

S G R Bailey

I L Arden

W Lea

N R Tilt

J P Cooper

A Retson

J O Stephenson

D Kearns

D P Brown

Company secretary

K M Dickinson

Registered office

Chattlehope House
Catcleugh
Newcastle
Northumberland
NE19 1TY

Accountants

TyneRede Accountancy Ltd
Chartered Certified Accountant
Lloyds Bank House
Bellingham
Hexham
Northumberland
NE48 2AZ

 

British Free Range Egg Producers Association

(Registration number: 15109283)
Balance Sheet as at 31 May 2024

Note

2024
£

Fixed assets

 

Tangible assets

4

137

Current assets

 

Debtors

5

195,542

Cash at bank and in hand

 

256,732

 

452,274

Creditors: Amounts falling due within one year

6

(177,464)

Net current assets

 

274,810

Net assets

 

274,947

Reserves

 

Retained earnings

274,947

Surplus

 

274,947

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 15 October 2024 and signed on its behalf by:
 

.........................................
J Baxter
Chairman

 

British Free Range Egg Producers Association

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 31 May 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, 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.

The address of its registered office is:
Chattlehope House
Catcleugh
Newcastle
Northumberland
NE19 1TY

These financial statements were authorised for issue by the Board on 15 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/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 specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

British Free Range Egg Producers Association

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 31 May 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

3 year straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 15.

 

British Free Range Egg Producers Association

Notes to the Unaudited Financial Statements for the Period from 1 September 2023 to 31 May 2024

4

Tangible assets

Office equipment
 £

Total
£

Cost or valuation

Additions

180

180

At 31 May 2024

180

180

Depreciation

Charge for the period

43

43

At 31 May 2024

43

43

Carrying amount

At 31 May 2024

137

137

5

Debtors

Current

2024
£

Trade debtors

157,254

Prepayments

38,288

 

195,542

6

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

(13,410)

Taxation and social security

37,712

Accruals and deferred income

153,162

177,464

7

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil.