Company Registration No. SC270060 (Scotland)
GLASGOW UNDERGROUND MUSIC LIMITED
Unaudited accounts
for the year ended 31 March 2023
GLASGOW UNDERGROUND MUSIC LIMITED
Unaudited accounts
Contents
GLASGOW UNDERGROUND MUSIC LIMITED
Company Information
for the year ended 31 March 2023
Company Number
SC270060 (Scotland)
Registered Office
25 CASTLEPARK GARDENS
FAIRLIE
LARGS
AYRSHIRE
KA29 0BS
GLASGOW UNDERGROUND MUSIC LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
145,960
45,010
Creditors: amounts falling due within one year
(84,255)
(19,832)
Net current assets
109,546
75,178
Total assets less current liabilities
109,546
75,178
Creditors: amounts falling due after more than one year
(20,965)
(30,040)
Called up share capital
100
100
Profit and loss account
88,481
45,038
Shareholders' funds
88,581
45,138
For the year ending 31 March 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 May 2023 and were signed on its behalf by
Kevin McKay
Director
Company Registration No. SC270060
GLASGOW UNDERGROUND MUSIC LIMITED
Notes to the Accounts
for the year ended 31 March 2023
GLASGOW UNDERGROUND MUSIC LIMITED is a private company, limited by shares, registered in Scotland, registration number SC270060. The registered office is 25 CASTLEPARK GARDENS, FAIRLIE, LARGS, AYRSHIRE, KA29 0BS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due after more than one year
Other debtors
47,841
50,000
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
15,116
11,528
GLASGOW UNDERGROUND MUSIC LIMITED
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
995
-
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).