Company registration number 09005587 (England and Wales)
THE ASSOCIATION OF INDEPENDENT SHOWMEN
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
THE ASSOCIATION OF INDEPENDENT SHOWMEN
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
THE ASSOCIATION OF INDEPENDENT SHOWMEN
BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
19
27
Current assets
Debtors
251
251
Cash at bank and in hand
19,169
17,385
19,420
17,636
Creditors: amounts falling due within one year
(1,678)
(1,511)
Net current assets
17,742
16,125
Net assets
17,761
16,152
Reserves
Income and expenditure account
17,761
16,152
Total members' funds
17,761
16,152
The notes on pages 2 to 3 form part of these financial statements.
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
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.
These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 25 April 2025 and are signed on its behalf by:
Mr F J W Meakin
Director
Company registration number 09005587 (England and Wales)
THE ASSOCIATION OF INDEPENDENT SHOWMEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
Accounting policies
Company information
The Association Of Independent Showmen is a private company limited by guarantee incorporated in England and Wales. The registered office is The Mill, Zan Industrial Park, Crewe Road, Sandbach, Cheshire, UK, CW11 4QD.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for membership subscriptions.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
25%reducing balance basis
Fixtures and fittings
20% reducing balance basis
Computers
33% straight line basis
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to surplus or deficit.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
6
5
THE ASSOCIATION OF INDEPENDENT SHOWMEN
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
3
Tangible fixed assets
Total
£
Cost
At 1 May 2023 and 30 April 2024
1,367
Depreciation and impairment
At 1 May 2023
1,340
Depreciation charged in the year
8
At 30 April 2024
1,348
Carrying amount
At 30 April 2024
19
At 30 April 2023
27
4
Members' liability
The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.