| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| BASP Ltd. |
| Trading as |
| The British Association Of Seed |
| Producers |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| BASP Ltd. |
| Trading as |
| The British Association Of Seed |
| Producers |
| BASP Ltd. (Registered number: 04225994) |
| Trading as The British Association Of Seed |
| Producers |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Statement of Changes in Equity | 3 |
| Notes to the Financial Statements | 4 |
| BASP Ltd. |
| Trading as The British Association Of Seed |
| Producers |
| Company Information |
| for the Year Ended 31 December 2024 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Old Stables |
| Sutton Manor Farm |
| Bishop's Sutton |
| Alresford |
| Hampshire |
| SO24 0AA |
| BANKERS: |
| PO Box 1733 |
| Andover |
| Hampshire |
| SP10 1TH |
| BASP Ltd. (Registered number: 04225994) |
| Trading as The British Association Of Seed |
| Producers |
| Balance Sheet |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| RESERVES |
| Income and expenditure account | 6 |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| BASP Ltd. (Registered number: 04225994) |
| Trading as The British Association Of Seed |
| Producers |
| Statement of Changes in Equity |
| for the Year Ended 31 December 2024 |
| Retained | Total |
| earnings | equity |
| £ | £ |
| Balance at 1 January 2023 |
| Changes in equity |
| Total comprehensive income |
| Balance at 31 December 2023 |
| Changes in equity |
| Total comprehensive income |
| Balance at 31 December 2024 |
| BASP Ltd. (Registered number: 04225994) |
| Trading as The British Association Of Seed |
| Producers |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| BASP Ltd. is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of consideration received or receivable, excluding discounts, rebates and other sales taxes. |
| 3. | EMPLOYEES |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| VAT |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Other creditors |
| 6. | RESERVES |
| Income |
| and |
| expenditure |
| account |
| £ |
| At 1 January 2024 |
| Surplus for the year |
| At 31 December 2024 |
| BASP Ltd. (Registered number: 04225994) |
| Trading as The British Association Of Seed |
| Producers |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 7. | MEMBERSHIP |
| The company is limited by guarantee and does not have a share capital. Each member undertaking to contribute to the company, if necessary, an amount not exceeding £1. |
| The directors estimate that the number of members as at 31st December 2024 was: |
| 2024 | 2023 |
| £ | £ |
| Merchant and Associate Members | 10 | 12 |
| Advisory Membership | 4 | 7 |
| Growers Members | 46 | 52 |
| 60 | 73 |