1.
General Information
The Federation Of Piling Specialists
is a private company, limited by guarantee, incorporated in England & Wales, registered number
01296219
. The registered office is Forum Court Associates , The Alexander Centre, 15-17 Preston Street, Faversham, Kent, ME13 8NZ.
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
Income comprises levies from members, income from seminars and income from publications.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
4.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
|
|
|
| Other debtors | 35,536 | 17,735 | |
|
|
|
||
5.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
|
|
|
| Other creditors | 1,300 | 1,300 | |
| Taxation and social security |
|
|
|
|
|
|
||
6.
Related Party Transactions
The directors are all employees of member companies of the trade association. They receive no individual benefit from membership but their employing company receive benefits and pay levies on the same terms and conditions as all of the other members of the trade association.
The Federation Of Piling Specialists
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
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.
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.
9.
Ultimate Controlling Party
No single individual has a controlling interest over the company.
10.
Reconciliation and movement in members' funds
|
Balance b/fwd
|
Income
|
Expenditure
|
Transfer
|
Balance c/fwd
|
|
|
£
|
£
|
£
|
£
|
£
|
|
|
General Fund
|
97,966
|
167,462
|
(170,117)
|
(14,751)
|
80,561
|
|
FPS Summer Ball Fund
|
7,832
|
57,162
|
(51,648)
|
-
|
13,346
|
|
EFFC Fund
|
8,418
|
-
|
-
|
2,000
|
10,418
|
|
Legal Fund
|
10,000
|
-
|
-
|
-
|
10,000
|
|
Apprentice Scheme Fund/Special projects Fund
|
273,983
|
-
|
(55,478)
|
-
|
218,505
|
|
NVQ Fund
|
22,881
|
-
|
-
|
-
|
22,881
|
|
Annual Dinner Fund
|
34,024
|
108,035
|
(101,904)
|
-
|
40,155
|
|
Training Fund
|
11,568
|
-
|
-
|
-
|
11,568
|
|
Golf Day Fund
|
8,157
|
8,920
|
(7,346)
|
-
|
9,731
|
|
Registration and Audit Fund
|
-
|
46,848
|
(57,854)
|
11,006
|
-
|
|
Rigtrack Fund
|
40
|
855
|
(2,640)
|
1,745
|
-
|
![image](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}
|
|
|
|
|
|
|
Total Funds
|
474,869
![image](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}
|
389,282
|
(446,987)
|
-
|
417,164
|
11.
Audit Information
The auditor's report on the accounts of
The Federation Of Piling Specialists
for the year ended 31 December 2025 was unqualified.
The auditor's report was signed by
Graham Atkin FCA
(Senior Statutory Auditor)
for and on behalf of
Crane & Partners Audit LLP
, Statutory Auditor.
The Federation Of Piling Specialists
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
|
1st Floor, Leonard House
5-7 Newman Road
Bromley
Kent
BR1 1RJ
|