British Compressed Gases Association

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

1. General Information

British Compressed Gases Association is a private company, limited by guarantee, incorporated in England & Wales, registered number 00071798 . The registered office is 4a Mallard Way, Pride Park, Derby, Derbyshire, DE24 8GX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The presentation currency of the financial statements is the Pound Sterling (£). The amounts shown in the financial statements are rounded to the nearest Pound.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Start Up membership runs for two years from the member’s joining date, with the subscription renewed annually during this period. After completing the two year Start Up phase, members convert to full membership, at which point they move onto the standard calendar year cycle (January–December).

Deferred income is not recognised for Start Up members on grounds of materiality, and fees are non refundable if a member resigns during the year. Membership income is recognised on a straight line basis over the 12 month membership period, reflecting the period over which services are provided.

As all full memberships commence in January and run to December, no income relates to future periods at the year end. Accordingly, the revenue recognition approach is consistent with FRS 102, as income is recognised in line with the delivery of services and no material future period obligation exists at year end.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% straight line
Computer Equipment	33% straight line

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British Compressed Gases Association

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the Income and Expenditure Account as they become payable in accordance with the rules of the scheme.

2.7. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs

are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are

received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 3)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	26,535	25,424	51,959
Additions	-	1,479	1,479
Disposals	-	(1,092 )	(1,092 )

As at 31 December 2025	26,535	25,811	52,346

...CONTINUED

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British Compressed Gases Association

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	20,371	16,215	36,586
Provided during the period	3,945	5,308	9,253
Disposals	-	(1,092 )	(1,092 )

As at 31 December 2025	24,316	20,431	44,747

Net Book Value
As at 31 December 2025	2,219	5,380	7,599

As at 1 January 2025	6,164	9,209	15,373

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	9,743	8,996
Prepayments and accrued income	14,134	17,071
Deferred tax current asset	4,947	3,947
VAT	8,160	6,185

	36,984	36,199

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	16,273	15,947
Corporation tax	-	3,664
Other taxes and social security	58,951	5,289
Accruals and deferred income	26,383	20,522

	101,607	45,422

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

8. Audit Information

The auditor's report on the accounts of British Compressed Gases Association for the year ended 31 December 2025 was unqualified.

The auditor's report was signed by Mr Richard Hewitt FCCA (Senior Statutory Auditor) for and on behalf of Nuvo Audit Limited , Statutory Auditor.

Nuvo Audit Limited

First Floor, Sterling House

Outrams Wharf

Little Eaton

Derby

DE21 5EL

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Directors	Mr D A Hurren
	Mr. M J Lawday
	Mr D T Rix
	Mr D F Maitland
	Mr C G Street
	Ms H Slater
	Mr A Tassell
	Mr J Crossland
	Mr S Fisher
	Mr R Thorley
	Mrs K Vasir

Company Number	00071798

Registered Office	4a Mallard Way
	Pride Park
	Derby
	Derbyshire
	DE24 8GX

Accountants	Nuvo Accountancy Limited
	Chartered Certified Accountants
	First Floor, Sterling House
	Outrams Wharf
	Little Eaton
	Derby
	DE21 5EL

Auditors	Nuvo Audit Limited
	First Floor, Sterling House
	Outrams Wharf
	Little Eaton
	Derby
	DE21 5EL

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,599		15,373

			7,599		15,373
CURRENT ASSETS
Debtors	5	36,984		36,199
Cash at bank and in hand		375,195		478,083

		412,179		514,282
Creditors: Amounts Falling Due Within One Year	6	(101,607 )		(45,422 )

NET CURRENT ASSETS (LIABILITIES)			310,572		468,860

TOTAL ASSETS LESS CURRENT LIABILITIES			318,171		484,233

NET ASSETS			318,171		484,233

Income and Expenditure Account			318,171		484,233

MEMBERS' FUNDS			318,171		484,233