Registration number: 02991118

Turfgrass Growers Association Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 5

Turfgrass Growers Association Limited

Company Information

Directors

S Holland R Adcock A Allan G Stothard R Owens (Chairman) S L Hutton S F Payne D Waring T A Jellicoe O A Wright I Barnett S Edwards

Company secretary

British Growers Association Limited

Registered office

BGA House Nottingham Road Louth Lincolnshire LN11 0WB

Turfgrass Growers Association Limited

(Registration number: 02991118)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	-
Other financial assets	5	1	1
		1	1
Current assets
Debtors	6	6,882	27,681
Cash at bank and in hand		56,599	73,341
		63,481	101,022
Creditors: Amounts falling due within one year	7	(13,496)	(48,719)
Net current assets		49,985	52,303
Net assets		49,986	52,304
Capital and reserves
Profit and loss account		49,986	52,304
Members' funds		49,986	52,304

For the financial year ending 31 October 2025 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 year 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 June 2026 and signed on its behalf by:
 

......................................... R Owens (Chairman) Director

Turfgrass Growers Association Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

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 company registration number is 02991118.

These financial statements cover the individual entity, Turfgrass Growers Association Limited

The address of its registered office is:
BGA House
Nottingham Road
Louth
Lincolnshire
LN11 0WB

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

These financial statements were prepared in accordance with Financial Reporting Standard 102 including Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the 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.

Tax

The company trades as a mutual society and accordingly no corporation tax is chargeable on its excess of income over expenditure arising from its activities with members. Corporation tax chargeable on other income of the society at rates current during the period of the accounts.

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Website	3 years straight line

Turfgrass Growers Association Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

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 services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price, 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 at the transaction price.

3	Staff numbers

The average number of persons employed by the Company during the year, was 0 (2024 - 0).

4	Intangible assets

	Website  £	Total £
Cost or valuation
At 1 November 2024	3,500	3,500
At 31 October 2025	3,500	3,500
Amortisation
Amortisation charge	3,500	3,500
At 31 October 2025	3,500	3,500
Carrying amount
At 31 October 2025	-	-

Turfgrass Growers Association Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

5	Investments

	Other investments £	Total £
Other investments
Cost or valuation
At 1 November 2024	1	1
At 31 October 2025	1	1
Carrying amount
At 31 October 2025	1	1

6

Debtors

Current	2025 £	2024 £
Trade debtors	2,893	27,498
Prepayments and accrued income	3,425	183
Other debtors	564	-
	6,882	27,681

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	3,984	-
Taxation and social security	63	5,548
Accruals and deferred income	9,449	43,171
	13,496	48,719