1.
General Information
Ryeland Flock Book Society Limited
is a private company, limited by guarantee, incorporated in England & Wales, registered number
00083310
. The registered office is Dynevor House, 5-6 De La Beche Street, Swansea, SA1 3HA.
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.
2.2.
Turnover
Turnover comprises of revenue recognised by the society in respect of members subscriptions, registrations, donations, merchandise and levy fees in the year. Any amount received from the members which relate to future periods is carried forward as deferred income
2.3.
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:
| Plant & Machinery |
|
| Computer Equipment |
|
2.4.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2.5.
Operating Profit/(Deficit)
The operating surplus/(deficit) is stated after charging:
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Depreciation - owned assets
|
231
|
33
|
|
|
Auditors remuneration
|
3,230
|
3,077
|
|
|
Non-audit services
|
9,370
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
2,683
|
|
|
|
|||
|
|
|||
|
|
Ryeland Flock Book Society Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
3.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
4.
Tangible Assets
| Plant & Machinery | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at 1 January 2025 |
|
|
|
| Additions |
|
|
|
| Disposals |
|
( |
( |
| As at 31 December 2025 |
|
|
|
| Depreciation | |||
| As at 1 January 2025 |
|
|
|
| Provided during the period |
|
|
|
| Disposals |
|
( |
( |
| As at 31 December 2025 |
|
|
|
| Net Book Value | |||
| As at 31 December 2025 |
|
|
|
| As at 1 January 2025 |
|
|
|
5.
Stocks
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Stock |
|
|
|
6.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors | - |
|
|
| Prepayments and accrued income |
|
|
|
| Float debtor |
|
|
|
|
|
|
||
Ryeland Flock Book Society Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
7.
Creditors: Amounts Falling Due Within One Year
7.
Creditors: Amounts Falling Due Within One Year - continued
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Corporation tax |
|
|
|
| Other creditors |
|
|
|
| Ex-members monies | - |
|
|
| Deferred income |
|
|
|
| Accrued expenses |
|
|
|
|
|
|
||
Deferred income
|
Late Frances Bell-Ross
|
Coloured Ryeland Group
|
Income in Advance
|
2025 Total
|
2024
|
|
|
£
|
£
|
£
|
£
|
£
|
|
|
Brought forward
|
260
|
942
|
2,372
|
3,574
|
3,694
|
|
Less: Judging expenses
|
(120)
|
||||
|
Less: Transfer to other creditors
|
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
(2,372)
|
(2,372)
|
|
|
Carried forward
|
260
|
942
|
-
|
1,202
|
3,574
|
Late Frances Bell-Ross
These funds were used to fund the purchase of a trophy for the Royal Highland Agricultural Show in previous years. The remainder is to be used to fund Judging Day expenses.
Coloured Ryeland Group
These funds were received from the Coloured Ryeland Group, an independent organisation, when they disbanded and the RFBS subsequently formed the Coloured Ryeland Committee. It was agreed that these funds were to be used exclusively by the Coloured Ryeland Committee.
Income received in advance
This is membership income received from members which relates to future periods.
...CONTINUED
Ryeland Flock Book Society Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
Ex-members monies
These funds are monies received from former members who it has not been able to be contact and refund. The society's policy is to recognise this as a donation over three years.
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Ex-members money owed Brought forward
|
1,153
|
1,730
|
|
|
Ex-members donations
|
(1,153)
|
(577)
|
|
|
Ex-members money owed Carried forward
|
-
|
1,153
|
Other creditors
These funds are monies overpaid by members for membership and registrations. They are due to be refunded to the members.
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Overpayment of fees by members
|
5,930
|
5,005
|
|
|
Carried forward
|
5,930
|
5,005
|
8.
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.
9.
FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10.
Audit Information
The auditor's report on the accounts of
Ryeland Flock Book Society Limited
for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by
John Husband FCA
(Senior Statutory Auditor)
for and on behalf of
John F. Harvey Ltd Chartered Accountants
, Statutory Auditor.
|
Dynevor House
5-6 De La Beche Street
Swansea
SA1 3HA
|