BRITISH CHAROLAIS CATTLE SOCIETY LIMITED (THE)

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

HB&O Ltd

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. BRITISH CHAROLAIS CATTLE SOCIETY LIMITED (THE) · parent
   1. Premier Pedigree Services Limited 100% · UK · Agricultural support services

Significant events

• “The total income for 2024 decreased by around 8% from £728,739 to £669,234. The major contributions to the Society income are derived from members' subscriptions, registration fees, transfer fees, auction sale commissions and investment income. Breedplan income totalled £44,247 (2023 - £51,573). The investment income from the portfolio increased by 39% to £107,211 (2023 - £76,996).”
• “External pressures such as epidemics or pandemics, evolving government policies on farming and changes to subsidies may well result in a reduction of income from the charity's charitable activities. Currently the charity has approximately £3.3m in reserves which is readily accessible. The remaining £362k is invested in administrative property, plant and machinery and intangible assets. We believe that it is prudent to hold reserves equivalent to approximately 24 months expenditure. In calculating reserves, we have excluded from total funds both the tangible and intangible assets totalling £362k which are in fixed assets. Therefore, the actual level of reserves readily available for day to day expenditure amounts to approximately £3.3m, and although this is in excess of the 24 months expenditure, the trustees are aware of a possible economic slow down which may affect the level of reserves, and the income from the investment portfolio. This, together with an increase in operational expenditure, and an increase in breed improvement and breed promotional activities, will lead to a reduction in the level of reserves.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -8.2%

  £728,739 → £669,234

• Cash

  -9.5%

  £181,281 → £164,098

• Net assets

  +4.9%

  £3,459,074 → £3,627,999

• Employees

  -16.7%

  6 → 5

• Wages

  +16.5%

  £158,427 → £184,615

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers