The Basketmakers' Association Limited

1 September 2020 false No description of principal activity Taxfiler 2021.15 08199799business:CompanyLimitedByGuarantee2020-09-012021-08-31 081997992020-08-31 08199799business:EntityNoLongerTradingButTradedInPast2020-09-012021-08-31 081997992020-09-012021-08-31 08199799business:AuditExemptWithAccountantsReport2020-09-012021-08-31 08199799business:FullAccounts2020-09-012021-08-31 081997992021-08-31 08199799business:Director32020-09-012021-08-31 08199799business:Director42020-09-012021-08-31 08199799business:Director52020-09-012021-08-31 08199799business:Director62020-09-012021-08-31 08199799business:Director72020-09-012021-08-31 08199799business:Director82020-09-012021-08-31 08199799business:Director102020-09-012021-08-31 08199799business:Director122020-09-012021-08-31 08199799business:Director132020-09-012021-08-31 08199799business:Director142020-09-012021-08-31 08199799business:RegisteredOffice2020-09-012021-08-31 081997992020-08-31 08199799core:WithinOneYear2021-08-31 08199799core:WithinOneYear2020-08-31 08199799core:RetainedEarningsAccumulatedLosses2021-08-31 08199799core:RetainedEarningsAccumulatedLosses2020-08-31 08199799business:SmallEntities2020-09-012021-08-31 08199799countries:EnglandWales2020-09-012021-08-31 081997992019-09-012020-08-31 iso4217:GBP xbrli:pure
Company Registration No. 08199799 (England and Wales)
The Basketmakers' Association Limited Unaudited accounts for the year ended 31 August 2021
The Basketmakers' Association Limited Unaudited accounts Contents
Page
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The Basketmakers' Association Limited Company Information for the year ended 31 August 2021
Directors
Alison Dickens Melanie Hart Geraldine Poore Clare Revera Katherine Woodward Susan Papworth Louise Brown Josephine Brook Catherine Davies Anne Otley
Company Number
08199799 (England and Wales)
Registered Office
International House 24 Holborn Viaduct London EC1A 2BN
Accountants
Andrew Donaldson 17 Lake Walk Adderbury Banbury OX17 3PF
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The Basketmakers' Association Limited Statement of financial position as at 31 August 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Inventories
7,293 
5,144 
Debtors
1,416 
283 
Cash at bank and in hand
67,063 
75,072 
75,772 
80,499 
Creditors: amounts falling due within one year
(4,541)
(2,595)
Net current assets
71,231 
77,904 
Net assets
71,231 
77,904 
Reserves
Profit and loss account
71,231 
77,904 
Members' funds
71,231 
77,904 
For the year ending 31 August 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2021 and were signed on its behalf by
Katherine Woodward Director Company Registration No. 08199799
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The Basketmakers' Association Limited Notes to the Accounts for the year ended 31 August 2021
1
Statutory information
The Basketmakers' Association Limited is a private company, limited by guarantee, registered in England and Wales, registration number 08199799. The registered office is International House, 24 Holborn Viaduct, London, EC1A 2BN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
1,416 
283 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
2,645 
1,980 
Taxes and social security
71 
171 
Other creditors
1,825 
444 
4,541 
2,595 
6
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.
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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