for the Period Ended 30 November 2019
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 November 2019
Principal activities of the company
Additional information
The Directors who served during the year and to the date of this report are listed on Page 1. In accordance with the Articlesof Association, Nik Antona, Lynn Atack, Abigail Newton and Ben Wilkinson will retire at the forthcoming Annual GeneralMeeting (AGM) on 4 April 2020 with four directors to be appointed. Nik Antona, Abigail Newton and Ben Wilkinson will offerthemselves for re-election.Directors' and Officers' insurance was purchased by the Campaign during the period. No Director receives anyremuneration for their work for the company.On election, directors join the National Executive (NE), which is the board of directors of CAMRA Limited. The NE conductsits business through a number of committees. Each committee has a remit which has been approved by the NE. Theseinclude the key strategic committees for Campaigns, Commercial & Communications, Events, Finance & General Purposesand People.RESULTSThe surplus before taxation for the 11-month period is £167,536 which is an improvement of more than £446,000 on theprevious year (2018, 12m: deficit (£279,057) . Due to tax provisioning the surplus after taxation for the 11-month period is£76,685 (2018, 12m: deficit (£218,611)). Total reserves at period-end 30 November 2019 are £3,289,043 (31 December2018: £3,212,358) which is in line with the Reserves Policy objectives to maintain reserves for emergency campaigns,potential future property acquisition and to withstand adverse economic and operational conditions. A review of the resultsfor the period and CAMRA's financial position is included in the Strategic Report.MEMBERSHIPAt 30 November 2019 CAMRA had 192,289 members (31 December 2018: 190,918). an increase of 0.7% on the previousperiod-end.VOLUNTEERSThe Directors would like to offer their appreciation to all those individuals who have given their time and expertise freely forthe benefit of the Campaign. The invaluable efforts of members involved in running beer festivals, local campaigning,lobbying government, branch, regional and national committees and other administrative roles are of inestimable worth. Wegive our thanks to each of our volunteers for their valued contribution.The company has chosen, in accordance with Section 414 C(11) of The Companies Act 2006, to disclose information aboutits branches and its future developments in the Strategic Report.
Directors
The directors shown below have held office during the whole of the period from
1 January 2019 to 30 November 2019
The directors shown below have held office during the period of
1 January 2019 to 6 April 2019
The directors shown below have held office during the period of
6 April 2019 to 30 November 2019
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
11 months to 30 November 2019 | 2018 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | ( |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | | ( |
Tax: | ( | |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 11 months to 30 November 2019 | 2018 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | 3 | | |
Tangible assets: | 4 | | |
Investments: | 5 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 6 | | |
Debtors: | 7 | | |
Cash at bank and in hand: | | | |
Investments: | 8 | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 9 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 10 | ( | ( |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 November 2019
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies
for the Period Ended 30 November 2019
11 months to 30 November 2019 | 2018 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 November 2019
Goodwill | Other | Total | |
---|---|---|---|
Cost | £ | £ | £ |
At 1 January 2019 | | | |
Additions | | | |
Disposals | | | |
Revaluations | | | |
Transfers | | | |
At 30 November 2019 | | | |
Amortisation | |||
At 1 January 2019 | | | |
Charge for year | | | |
On disposals | |||
Other adjustments | |||
At 30 November 2019 | | | |
Net book value | |||
At 30 November 2019 | | | |
At 31 December 2018 | | |
for the Period Ended 30 November 2019
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2019 | | | | | | |
Additions | | | | |||
Disposals | ( | ( | ( | |||
Revaluations | ||||||
Transfers | ||||||
At 30 November 2019 | | | | | | |
Depreciation | ||||||
At 1 January 2019 | | | | | | |
Charge for year | | | | | | |
On disposals | ( | ( | ( | |||
Other adjustments | ||||||
At 30 November 2019 | | | | | | |
Net book value | ||||||
At 30 November 2019 | | | | | | |
At 31 December 2018 | | | | | |
for the Period Ended 30 November 2019
Included in freehold property is freehold land of £178,500 (2018: £178,500) which is not depreciated,Computer Software represents purchased software at cost and its amortisation included in administrative expenses,
for the Period Ended 30 November 2019
11 months to 30 November 2019 | 2018 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
for the Period Ended 30 November 2019
11 months to 30 November 2019 | 2018 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 30 November 2019
The cash equivalents noted represent a managed fund holding predominantly cash, deposits, treasury bills, money market instruments, floating rate notes, covered bonds, short dated debt securities and other debt securities issued by governments, government agencies and supra-nationals. Cash can be moved in and out of this fund at short notice at any time.
for the Period Ended 30 November 2019
11 months to 30 November 2019 | 2018 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 30 November 2019
11 months to 30 November 2019 | 2018 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |