ART BUDS COLLECTIVE LTD

Company limited by guarantee

Company Registration Number:
SC694134 (Scotland)

Unaudited micro entity accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Company Information

for the Period Ended 31 March 2023




Director: Poppy Richards
Sara Gough
Sally Price
Julie Swire
Secretary: Julie Swire
Registered office: 67
Dunlin Brae
Livingston
GB-SCT
EH54 6UA
Company Registration Number: SC694134 (Scotland)

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

Social Enterprise, delivering sustainable art activities in Edinburgh.

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Poppy Richards
Sara Gough
Sally Price
Julie Swire

Secretary
Julie Swire

This report was approved by the board of directors on 22 November 2023
And Signed On Behalf Of The Board By:

Name: Poppy Richards
Status: Director

Name: Sara Gough
Status: Director

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 March 2023


2023
£

2022
£
Turnover 43,820 -
Income from coronavirus (COVID-19) business support grants 0 -
Other Income 63,982 -
Cost of Materials ( 3,482 ) -
Staff Costs ( 96,406 ) -
Depreciation and Writeoffs ( 212 ) -
Other charges ( 6,981 ) -
Tax on surplus ( 137 ) -
Surplus or (Deficit) for Period 584 -

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Balance sheet

As at 31 March 2023


2023
£

2022
£
Fixed Assets: 635 847
Current assets: 66,401 11,758
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 169 ) ( 261 )
Net current assets (liabilities): 66,232 11,497
Total assets less current liabilities: 66,867 12,344
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 64,470 ) ( 10,531 )
Total net assets (liabilities): 2,397 1,813
Reserves: 2,397 1,813

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Balance sheet continued

For the year ending 31 March 2023 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 22 November 2023
And Signed On Behalf Of The Board By:

Name: Poppy Richards
Status: Director

Name: Sara Gough
Status: Director

The notes form part of these financial statements

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Employee Information

    Average number of employees: 3

ART BUDS COLLECTIVE LTD

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Off balance sheet disclosure

    No