REGISTERED NUMBER: 03383797 (England and Wales)

Unaudited Financial Statements

For The Year Ended 30 June 2026

for

THE HIGH SHERIFFS' ASSOCIATION OF

ENGLAND & WALES

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investments

4

113,282

129,095

CURRENT ASSETS

Stocks

7,428

5,642

Debtors

5

10,187

1,913

Cash at bank

22,646

53,512

40,261

61,067

CREDITORS

Amounts falling due within one year

6

(27,070

)

(35,742

)

NET CURRENT ASSETS

13,191

25,325

TOTAL ASSETS LESS CURRENT LIABILITIES

126,473

154,420

RESERVES

Income and expenditure account

126,473

154,420

MEMBERS' FUNDS

126,473

154,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by:

Lt Col A S Tuggey - Director

Mr P R Sykes - Director

1.	STATUTORY INFORMATION

The High Sheriffs' Association of England & Wales is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03383797

Registered office:

Equinox House

Clifton Park

Shipton Road

York

YO30 5PA

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Income and expenditure

Income shown in the financial statements represents subscriptions received in the year and amounts receivable for regalia sales and events.

Expenses include VAT where applicable as the company cannot reclaim it.

Stocks

Stocks are stated at the lower of the cost and estimated selling price less costs to complete and sell after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instrument Issues' of FRS 102 to all of its financial statements.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets are measured at transaction price including transaction costs. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual agreements entered into. An equity instrument is any contract that evidenced a residual interest in the assets of the company after deducting all its liabilities.

Basic financial liabilities

Basic financial liabilities are recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Taxation

The company's surplus is not subject to corporation tax as a non-profit entity making, supporting and promoting the ceremonial role of the High Sheriffs, who uphold the judiciary and contribute to their communities through various civic duties and charitable activities. Corporation tax is charged on interest income and profit on disposal of investments.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2025

129,095

Additions

7,859

Disposals

(22,692

)

Revaluations

(980

)

At 30 June 2026

113,282

NET BOOK VALUE

At 30 June 2026

113,282

At 30 June 2025

129,095

Valuation at 30 June 2026 is represented by:

Other investments

£

Valuation in 2023

105,596

Movement in valuation in 2024

14,369

Movement in valuation in 2025

9,130

Movement in valuation in 2026

(15,813

)

113,282

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

10,187

1,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

19,769

30,178

Taxation and social security

2,071

146

Other creditors

5,230

5,418

27,070

35,742

7.	MEMBERS' LIABILITY

The company is limited by guarantee, not having a share capital, and consequently the liability of an ordinary voting member is limited to a contribution of not more than £5 to the net assets or liabilities of the company on winding up, as set out in the Memorandum and Articles of Association.