Company registration number 05498724 (England and Wales)
CAMELFORD & DISTRICT AGRICULTURAL ASSOCIATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
CAMELFORD & DISTRICT AGRICULTURAL ASSOCIATION LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
CAMELFORD & DISTRICT AGRICULTURAL ASSOCIATION LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
23,869
23,869
Current assets
Debtors
5
2,097
3,480
Cash at bank and in hand
44,428
20,309
46,525
23,789
Creditors: amounts falling due within one year
6
(3,350)
(910)
Net current assets
43,175
22,879
Net assets
67,044
46,748
Reserves
Other reserves
19,154
19,154
Income and expenditure account
47,890
27,594
Total members' funds
67,044
46,748

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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.

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 21 January 2026 and are signed on its behalf by:
J M Burnard
Director
Company registration number 05498724 (England and Wales)
CAMELFORD & DISTRICT AGRICULTURAL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

Camelford & District Agricultural Association Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Davina, Trevillett, Tintagel, Cornwall, PL34 0HL.

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 are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. 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 goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

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

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:

Trophies
Not provided
Jumps
10% straight line
Computers
25% straight line

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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

CAMELFORD & DISTRICT AGRICULTURAL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

CAMELFORD & DISTRICT AGRICULTURAL ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
6
6
4
Tangible fixed assets
Trophies
Jumps
Computers
Total
£
£
£
£
Cost
At 1 October 2024 and 30 September 2025
23,869
690
1,230
25,789
Depreciation and impairment
At 1 October 2024 and 30 September 2025
-
0
690
1,230
1,920
Carrying amount
At 30 September 2025
23,869
-
0
-
0
23,869
At 30 September 2024
23,869
-
0
-
0
23,869
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,097
3,480
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
3,350
910
7
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.

2025-09-30 2024-10-01 false false false 21 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Ms J M Burnard Ms E M Broad Mr P E Roose Mr D T Brookham Mrs A E Hayne E D Reynolds 05498724 2024-10-01 2025-09-30 05498724 2025-09-30 05498724 2024-09-30 05498724 core:PlantMachinery 2025-09-30 05498724 core:FurnitureFittings 2025-09-30 05498724 core:ComputerEquipment 2025-09-30 05498724 core:PlantMachinery 2024-09-30 05498724 core:FurnitureFittings 2024-09-30 05498724 core:ComputerEquipment 2024-09-30 05498724 core:WithinOneYear 2025-09-30 05498724 core:WithinOneYear 2024-09-30 05498724 core:OtherMiscellaneousReserve 2025-09-30 05498724 core:OtherMiscellaneousReserve 2024-09-30 05498724 core:RetainedEarningsAccumulatedLosses 2025-09-30 05498724 core:RetainedEarningsAccumulatedLosses 2024-09-30 05498724 bus:Director1 2024-10-01 2025-09-30 05498724 core:PlantMachinery 2024-10-01 2025-09-30 05498724 core:FurnitureFittings 2024-10-01 2025-09-30 05498724 core:ComputerEquipment 2024-10-01 2025-09-30 05498724 2023-10-01 2024-09-30 05498724 core:PlantMachinery 2024-09-30 05498724 core:FurnitureFittings 2024-09-30 05498724 core:ComputerEquipment 2024-09-30 05498724 2024-09-30 05498724 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 05498724 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 05498724 core:CurrentFinancialInstruments 2025-09-30 05498724 core:CurrentFinancialInstruments 2024-09-30 05498724 bus:CompanyLimitedByGuarantee 2024-10-01 2025-09-30 05498724 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 05498724 bus:FRS102 2024-10-01 2025-09-30 05498724 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 05498724 bus:Director2 2024-10-01 2025-09-30 05498724 bus:Director3 2024-10-01 2025-09-30 05498724 bus:Director4 2024-10-01 2025-09-30 05498724 bus:Director5 2024-10-01 2025-09-30 05498724 bus:Director6 2024-10-01 2025-09-30 05498724 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP