National Pig Association - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 03859242 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

NATIONAL PIG ASSOCIATION

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

H Crabtree

H M Revell

P J Stephenson

S Godfrey

G T R Mutimer

Ms J Mathews

T C Allen

T W Bradshaw

REGISTERED OFFICE:

Agriculture House

National Agricultural Centre

Stoneleigh Park

Kenilworth

Warwickshire

CV8 2TZ

REGISTERED NUMBER:

03859242 (England and Wales)

ACCOUNTANTS:

Collards

Chartered Accountants

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

CURRENT ASSETS

Debtors

5

9,708

18,302

Cash at bank

294,666

280,749

304,374

299,051

CREDITORS

Amounts falling due within one year

6

27,856

24,635

NET CURRENT ASSETS

276,518

274,416

TOTAL ASSETS LESS CURRENT LIABILITIES

276,518

274,416

RESERVES

Income and expenditure account

276,518

274,416

276,518

274,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 September 2023 and were signed on its behalf by:

G T R Mutimer - Director

1.	STATUTORY INFORMATION

National Pig Association is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Subscription income

Subscription income received is allocated as income to the year to which the subscriptions relate. There is no provision made for subscriptions unpaid at the year end.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% - (computers)

Nfu pension scheme

The company makes pension contributions to the National Farmers' Union Pension Scheme (the scheme) on behalf of its employees. The scheme is a defined benefit scheme. As the company is unable to determine its share of the underlying assets and liabilities of the scheme, it accounts for the scheme as if it were a defined contribution scheme. Contributions to the scheme are therefore charged to the profit and loss account when incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2022

and 31 December 2022

1,294

DEPRECIATION

At 1 January 2022

and 31 December 2022

1,294

NET BOOK VALUE

At 31 December 2022

-

At 31 December 2021

-

5.

DEBTORS

2022

2021

£

£

Amounts falling due within one year:

Trade debtors

1,467

4,267

Other debtors

7,824

10,449

9,291

14,716

Amounts falling due after more than one year:

Other debtors

417

3,586

Aggregate amounts

9,708

18,302

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

944

2,247

Corporation tax

95

-

Social security and other taxes

9,855

413

Rural Stress Fund

1,048

1,048

Members Fighting Fund

5,780

5,780

Accruals and deferred income

10,134

15,147

27,856

24,635

7.	MEMBERS FIGHTING FUND

Included in Other Creditors is an amount of £5,780 (2021 £5,780) for the Members Fighting Fund; this fund is administered by the NPA and it has been incorporated within the accounts. No contributions nor disbursements were made to the fund in the year (2021 - £nil). This fund is maintained in order to accept donations towards the cost of campaigning on behalf of the pig industry.

8.	RURAL STRESS ACCOUNT

Included in Other Creditors is an amount of £1,048 (2021 £1,048) for the Rural Stress Fund; this fund is administered by the NPA and it has been incorporated within the accounts.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of National Pig Association for the year ended 31 December 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of National Pig Association, as a body, in accordance with the terms of our engagement letter dated 24 March 2014. Our work has been undertaken solely to prepare for your approval the financial statements of National Pig Association and state those matters that we have agreed to state to the Board of Directors of National Pig Association, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than National Pig Association and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that National Pig Association has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of National Pig Association. You consider that National Pig Association is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of National Pig Association. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Collards

Chartered Accountants

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

12 September 2023