1 April 2022 false No description of principal activity Taxfiler 2023.9 SC270060business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC2700602022-03-31 SC2700602022-04-012023-03-31 SC270060business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 SC270060business:FilletedAccounts2022-04-012023-03-31 SC2700602023-03-31 SC270060business:Director12022-04-012023-03-31 SC270060business:RegisteredOffice2022-04-012023-03-31 SC2700602022-03-31 SC270060core:WithinOneYear2023-03-31 SC270060core:WithinOneYear2022-03-31 SC270060core:AfterOneYear2023-03-31 SC270060core:AfterOneYear2022-03-31 SC270060core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC270060core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC270060core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC270060core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC270060core:PreviouslyStatedAmount2023-03-31 SC270060core:PreviouslyStatedAmount2022-03-31 SC270060business:SmallEntities2022-04-012023-03-31 SC270060countries:Scotland2022-04-012023-03-31 SC270060core:FurnitureFittings2022-03-31 SC270060core:FurnitureFittings2023-03-31 SC2700602021-04-012022-03-31 iso4217:GBP xbrli:pure
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
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GLASGOW UNDERGROUND MUSIC LIMITED Company Information for the year ended 31 March 2023
Director
Kevin McKay
Company Number
SC270060 (Scotland)
Registered Office
25 CASTLEPARK GARDENS FAIRLIE LARGS AYRSHIRE KA29 0BS
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GLASGOW UNDERGROUND MUSIC LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
47,841 
50,000 
Cash at bank and in hand
145,960 
45,010 
193,801 
95,010 
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)
Net assets
88,581 
45,138 
Capital and reserves
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
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GLASGOW UNDERGROUND MUSIC LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
5,652 
At 31 March 2023
5,652 
Depreciation
At 1 April 2022
5,652 
At 31 March 2023
5,652 
Net book value
At 31 March 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
47,841 
50,000 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
12,815 
8,304 
Trade creditors
958 
- 
Taxes and social security
15,116 
11,528 
Accruals
55,366 
- 
84,255 
19,832 
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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 
£ 
£ 
Bank loans
19,970 
30,040 
Loans from directors
995 
- 
20,965 
30,040 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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