Blairgowrie Highland Games Association.
Blairgowrie Highland Games Association.
Registered number: SC120038
Financial Statements
For The Year Ended
31 January 2023
Gillespie's
Chartered Accountants
33 Leslie Street
Blairgowrie
Perthshire
PH10 6AW
Blairgowrie Highland Games Association.
Financial Statements
For The Year Ended
31 January 2023
Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—4 |
Page 1
Blairgowrie Highland Games Association.
Balance Sheet
As At
31 January 2023
Balance Sheet
Registered number:
SC120038
For the year ending 31 January 2023 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 4 |
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CURRENT ASSETS | |||||
Stocks | 5 |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 7 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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Income and Expenditure Account |
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MEMBERS' FUNDS | 20,094 | 22,376 | |||
Page 1
Page 2
Blairgowrie Highland Games Association.
Balance Sheet (continued)
As At
31 January 2023
On behalf of the board
Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Blairgowrie Highland Games Association.
Notes to the Financial Statements
For The Year Ended
31 January 2023
Notes to the Financial Statements
1.
General Information
Blairgowrie Highland Games Association.
is a private company, limited by guarantee, incorporated in Scotland, registered number
SC120038
. The registered office is 33 Leslie Street, Blairgowrie, Perthshire, PH10 6AW.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover comprises the total value of services rendered by the company during the year.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
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2.4.
Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2023 | 2022 | ||
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Directors |
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4.
Tangible Assets
Plant & Machinery | |
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£ | |
Cost | |
As at
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As at
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Depreciation | |
As at
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Provided during the period |
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As at
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Net Book Value | |
As at
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As at
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5.
Stocks
2023 | 2022 | ||
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£ | £ | ||
Stock |
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Page 4
Blairgowrie Highland Games Association.
Notes to the Financial Statements (continued)
For The Year Ended
31 January 2023
6.
Debtors
2023 | 2022 | ||
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£ | £ | ||
Due within one year | |||
Prepayments and accrued income |
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7.
Creditors: Amounts Falling Due Within One Year
2023 | 2022 | ||
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£ | £ | ||
Corporation tax |
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Accruals and deferred income |
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8.
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.
Page 4