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CONSOLIDATED NOTES TO THE ACCOUNTS
6. INVESTMENT IN SUBSIDIARY UNDERTAKING
The Cattle Information Service Limited has been included in the Financial Statements as a fixed asset investment
at the value of that company’s net assets as at the 31st March 2009 (the investment in this company had
previously been written off). Turnover for the year was £4,017,182 (2008:£3,541,888), the net profit was £63,587
(2008:£6,057). The Society holds 100% of the total shareholding in The Cattle Information Service Ltd
whose principal activity is Milk Recording. The Society is the controlling party of The Centre for Dairy Information
Limited, a company limited by guarantee whose principal activity is the collection and dissemination of statistics
and data relating to all species of animal livestock within a single database. Turnover for the year was £267,430
(2008:£300,637) the net profit was £65,603 (2008:£16,430) This was appropriated to Holstein UK, resulting in net
assets at 31 March 2009 of £nil.
7 STOCK Group Group Charity Charity
2009 2008 2009 2008
£ £ £ £
Raw Materials and Consumables 35,177 47,362 0 13,625
8 DEBTORS Group Group Charity Charity
2009 2008 2009 2008
£ £ £ £
Debtors for Fees & Services 740,991 717,257 513,571 491,240
Other Debtors 109,815 167,102 75,546 125,596
Prepayments & Accrued Income 94,128 114,289 71,123 93,010
_________ _________ _________ _________
944,934 998,648 660,240 709,846
During the year there were £nil (2008:£nil) of sales, and £652,127 (2008:£558,205) of purchases
between the Society and the Cattle Information Service Ltd. During the year there were £157,058 (2008:£126,081)
of sales, and £51,823 (2008:£80,672) of purchases between the Society and the Centre for Dairy Information Ltd.
The figure stated above for other debtors includes £nil (2008:£2,304) due from Cattle Information Services Ltd and
£65,603 (2008:£47,716) due from The Centre for Dairy Information Ltd.
9. CREDITORS Group Group Charity Charity
2009 2008 2009 2008
£ £ £ £
Trade Creditors - 55,136 64,488 120,112
Taxation & Social Security 183,794 185,312 82,661 85,911
Other Creditors 109,991 96,153 23,062 5,279
Accruals & Deferred Income 246,984 128,268 87,908 12,339
_________ _________ _________ _________
540,769 464,869 258,119 223,641
The figure stated above for Other Creditors includes £64,488 (£64,975 – 2008) due to the Cattle Information Service
Ltd. The figure stated above for Other Creditors includes £nil (£nil : 2008) due to the Centre for Dairy Information
Ltd.
10 FINANCIAL COMMITMENTS Land & Buildings Other
2009 2008 2009 2008
£ £ £ £
Expiry Date: Within one Year - - 71,744 34,439
Between Two and Five Years - - 314,003 346,521
______ _______ _______ _______
- - 385,747 380,960
______ _______ _______ _______
18 ANNUAL REPORT
2008-2009 Annual Report.indd 20 22/09/2009 16:19:53
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