Company Registration No. SC563638 (Scotland)
Galbraith Leisure Limited
Unaudited financial statements
for the year ended 31 March 2023
Pages for filing with the registrar
Galbraith Leisure Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2
Galbraith Leisure Limited
Statement of financial position
As at 31 March 2023
1
2023
2022
Notes
£
£
£
£
Capital and reserves
Called up share capital
3
100
100
Other reserves
75,000
75,000
Profit and loss reserves
(75,100)
(75,100)
Total equity
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 November 2023 and are signed on its behalf by:
Martin Cassels
Director
Company Registration No. SC563638
Galbraith Leisure Limited
Notes to the financial statements
For the year ended 31 March 2023
2
1
Accounting policies
Company information
Galbraith Leisure Limited is a private company limited by shares incorporated in Scotland. The registered office is 12 Hope Street, Edinburgh, EH2 4DB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The company has ceased trading and there are no plans to recommence activity, hence the financial statements have been prepared on a basis other than that of a going concern. There were no changes in amounts recognised in the financial statements as a result of this.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
3
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
ordinary shares of £1 each
100
100
100
100
4
Parent company
Galbraith Leisure Limited is a subsidiary of CKD Galbraith LLP which has its registered office at 59 George Street, Edinburgh, EH2 2JG, Scotland.