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Company Registration No. SC221813 (Scotland)
BANCHORY MUSIC LIMITED Unaudited accounts for the year ended 31 March 2023
BANCHORY MUSIC LIMITED Unaudited accounts Contents
Page
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BANCHORY MUSIC LIMITED Company Information for the year ended 31 March 2023
Directors
Stuart Murdoch Stephen Jackson Christopher Geddes Sarah Martin Robert Kildea Riichard Colburn
Company Number
SC221813 (Scotland)
Registered Office
ARGYLE STUDIOS, 27 ARGYLE COURT 1103 ARGYLE STREET GLASGOW G3 8ND
Accountants
Brand Jamieson & Co Ltd 2 Victoria Place Rutherglen Glasgow G73 2JP
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BANCHORY MUSIC LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
1,482 
1,482 
Cash at bank and in hand
7,792 
9,184 
9,274 
10,666 
Creditors: amounts falling due within one year
(8,903)
(3,603)
Net current assets
371 
7,063 
Net assets
371 
7,063 
Capital and reserves
Called up share capital
42 
42 
Profit and loss account
329 
7,021 
Shareholders' funds
371 
7,063 
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 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 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 of Directors and authorised for issue on 9 August 2023 and were signed on its behalf by
Sarah Martin Director Company Registration No. SC221813
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BANCHORY MUSIC LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
BANCHORY MUSIC LIMITED is a private company, limited by shares, registered in Scotland, registration number SC221813. The registered office is ARGYLE STUDIOS, 27 ARGYLE COURT, 1103 ARGYLE STREET, GLASGOW, G3 8ND.
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
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,482 
1,482 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
(100)
Amounts owed to group undertakings and other participating interests
2,000 
2,000 
Loans from directors
6,603 
603 
Accruals
300 
1,100 
8,903 
3,603 
6
Transactions with related parties
During the year , dividends of £6,000 (2022 £150,000 ) were paid to the directors.
7
Controlling party
Control is shared equally between the directors.
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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