ACCOUNTS - Final Accounts preparation

Registered number: 03449049

DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

REGISTERED NUMBER: 03449049

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	6		12		12
			12		12
Current assets
Stocks	7	6,000		7,680
Debtors: amounts falling due within one year	8	14,230		9,895
Cash at bank and in hand	9	216,132		298,820
		236,362		316,395
Creditors: amounts falling due within one year	10	(86,604)		(179,473)
Net current assets			149,758		136,922
Total assets less current liabilities			149,770		136,934

Net assets			149,770		136,934

Capital and reserves
Profit and loss account	149,770	136,934
	149,770	136,934

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

REGISTERED NUMBER: 03449049

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J Thornley

Director

Date: 22 September 2026

The notes on pages 3 to 8 form part of these financial statements.

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Deer Management Qualifications is a private company limited by guarantee, incorporated in England and Wales. Its registered office and principal place of business is Marford Mill, Rossett, Wrexham, LL12 0HL.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The Company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

There are no estimates and assumptions that have significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year.

Related party transactions

The British Association for Shooting and Conservation Limited (“BASC”) holds a contract for the provision of administrative services to the Company. BASC together with The British Deer Society (“BDS”), the National Gamekeepers' Association, Scottish Gamekeepers' Organisation, Orion Wildlife, and Wildlife Training Centre ("WTC") are approved as assessment centres for the Company, and BDS supplied materials to the Company.

The following amounts relating to companies which have a common director were included within debtors as at 31 December 2025:

During the year BASC derived management fee income, including VAT, amounting to £38,400 (2024: £38,400) from the Company. Outstanding management fees due to BASC amounted to £38,400 (2024: £38,400) and are included within trade creditors.

At the year-end £21,062 (2024: £116,193) was owed to BASC in respect of goods and services purchased on the Company's behalf, and is included within other creditors.

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Employees

	The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).
	The average monthly number of employees, including directors, during the year was 0 (2024 - 0).

6.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	At 1 January 2025	12
	At 31 December 2025	12

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Class of shares	Holding

DMQ Limited	Ordinary	100%
W.D.M. Qualifications Limited	Ordinary	100%
Deer Stalking Certificates Limited	Ordinary	100%

All three subsidiaries were dormant throughout the year.

7.	Stocks
		2025	2024
		£	£

Raw materials and consumables	6,000	7,680
	6,000	7,680

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	14,230	9,895
	14,230	9,895

9.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	216,132	298,820
	216,132	298,820

10.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	60,230	55,450
Corporation tax	155	199
Other creditors	21,062	116,193
Accruals and deferred income	5,157	7,631
	86,604	179,473

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DEER MANAGEMENT QUALIFICATIONS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025


11.	Company status

The company is a private company limited by guarantee 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 while he or she or it is a member or within one year after he or she or it ceases to be a member for payment of the company’s debts and liabilities contracted before he or she or it ceases to be a member and of the costs, charges and expenses of winding up and for the adjustment of the rights of the contributories among themselves.

The following were members of the Company at 31 December 2025:

- Association of Deer Management Groups, Scotland
- The British Association for Shooting and Conservation Limited
- The British Deer Society
- Countryside Alliance
- The Forestry Commission
- Forest and Land Scotland
- Game and Wildlife Conservation Trust
- National Gamekeepers Organisation
- Scottish Gamekeepers Association
- Sparsholt College
- Confor

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