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REGISTERED NUMBER: 10288510 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Gainsborough Uphills MUGA Group Limited

Gainsborough Uphills MUGA Group Limited (Registered number: 10288510)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gainsborough Uphills MUGA Group Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: J W Harrison
A M Campbell





REGISTERED OFFICE: 10 Cedar Close
The Elms
Torksey
Lincoln
LN1 2NH





REGISTERED NUMBER: 10288510 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Gainsborough Uphills MUGA Group Limited (Registered number: 10288510)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,117 40,000

CURRENT ASSETS
Debtors 5 385 385
Cash at bank 29,905 33,016
30,290 33,401
CREDITORS
Amounts falling due within one year 6 10 10
NET CURRENT ASSETS 30,280 33,391
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,397

73,391

RESERVES
Donated cash reserve 7 17,396 20,447
Donated games area reserve 7 30,000 40,000
Income and expenditure account 7 13,001 12,944
60,397 73,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:





A M Campbell - Director


Gainsborough Uphills MUGA Group Limited (Registered number: 10288510)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Gainsborough Uphills MUGA Group Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.No provision was required at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2022 100,000
Additions 130
At 31 July 2023 100,130
DEPRECIATION
At 1 August 2022 60,000
Charge for year 10,013
At 31 July 2023 70,013
NET BOOK VALUE
At 31 July 2023 30,117
At 31 July 2022 40,000

Gainsborough Uphills MUGA Group Limited (Registered number: 10288510)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 385 385

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other creditors 10 10

7. RESERVES
Income Donated
and Donated games
expenditure cash area
account reserve reserve Totals
£    £    £    £   

At 1 August 2022 12,944 20,447 40,000 73,391
Deficit for the year (12,994 ) (12,994 )
Transfer 13,051 (3,051 ) (10,000 ) -
At 31 July 2023 13,001 17,396 30,000 60,397

8. LIMITED BY GUARANTEE

The company has no share capital and is limited by guarantee.