Association of Scottish Shellfish Growers Limited 31/12/2024 iXBRL

Company registration number: SC100763

Association of Scottish Shellfish Growers Limited

Company limited by guarantee

Unaudited filleted financial statements

31 December 2024

Association of Scottish Shellfish Growers Limited

Company limited by guarantee

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Association of Scottish Shellfish Growers Limited

Company limited by guarantee

Directors and other information


	Directors	Mr Nicol R Turnbull
		Mr Michael Tait


	Secretary	Nicholas Lake


	Company number	SC100763


	Registered office	Albany Chambers
		Albany Street
		Oban
		PA34 4AL


	Accountants	Simmers & Co
		Albany Chambers
		Albany Street
		Oban
		Argyll
		PA34 4AL




	Bankers	The Royal Bank of Scotland
		Oban Branch
		26 George Street
		Oban
		PA34 5SA

Association of Scottish Shellfish Growers Limited

Company limited by guarantee

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Association of Scottish Shellfish Growers Limited

Year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Association of Scottish Shellfish Growers Limited for the year ended 31 December 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the board of directors of Association of Scottish Shellfish Growers Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Association of Scottish Shellfish Growers Limited and state those matters that we have agreed to state to the board of directors of Association of Scottish Shellfish Growers Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Association of Scottish Shellfish Growers Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Association of Scottish Shellfish Growers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Association of Scottish Shellfish Growers Limited. You consider that Association of Scottish Shellfish Growers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Association of Scottish Shellfish Growers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Simmers & Co

Chartered Accountants

Albany Chambers

Albany Street

Oban

Argyll

PA34 4AL

24 September 2025

Association of Scottish Shellfish Growers Limited

Company limited by guarantee

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Current assets
Debtors	6	11,679		852
Cash at bank and in hand		33,719		38,763
		_______		_______
		45,398		39,615
Creditors: amounts falling due
within one year	7	( 13,371)		( 7,788)
		_______		_______
Net current assets			32,027		31,827
			_______		_______
Total assets less current liabilities			32,027		31,827

			_______		_______
Net assets			32,027		31,827
			_______		_______

Capital and reserves
Profit and loss account			32,027		31,827
			_______		_______
Members funds			32,027		31,827
			_______		_______

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 24 September 2025 , and are signed on behalf of the board by:

Mr Nicol R Turnbull Mr Michael Tait

Director Director

Company registration number: SC100763

Association of Scottish Shellfish Growers Limited

Company limited by guarantee

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by guarantee, registered in Scotland. The address of the registered office is Simmers & Co, Albany Chambers, Albany Street, Oban, PA34 4AL.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Limited by guarantee

ASSG Ltd is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member

5. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2023: Nil).

6. Debtors

	2024	2023
	£	£
Trade debtors	11,297	-
Other debtors	382	852
	_______	_______
	11,679	852
	_______	_______

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Other creditors	13,371	7,788
	_______	_______

8. Controlling party

The company is controlled by its members.