IRIS Accounts Production v23.3.1.45 Other Company accounts True false Pounds 1.7.22 30.6.23 30.6.23 FY FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4525862022-06-30SC4525862023-06-30SC4525862022-07-012023-06-30SC4525862021-06-30SC4525862021-07-012022-06-30SC4525862022-06-30SC452586ns11:Originalns0:CharitableCompanyLimitedByGuarantee2022-07-012023-06-30SC452586ns11:Original2022-07-012023-06-30SC452586ns15:PoundSterlingns11:Original2022-07-012023-06-30SC452586ns11:Original2022-06-30SC452586ns11:Original2023-06-30SC452586ns11:Originalns11:FRS1022022-07-012023-06-30SC452586ns11:IndependentExaminationCharityns11:Original2022-07-012023-06-30SC452586ns11:Originalns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-07-012023-06-30SC452586ns11:Originalns11:FullAccounts2022-07-012023-06-30SC452586ns11:Originalns11:CharitiesSORP2022-07-012023-06-30SC452586ns11:Originalns16:EnglandWales2022-07-012023-06-30SC452586ns11:Originalns11:RegisteredOffice2022-07-012023-06-30SC452586ns11:Originalns0:Trustee12022-07-012023-06-30SC452586ns11:Originalns0:Trustee22022-07-012023-06-30SC452586ns11:Originalns0:Trustee32022-07-012023-06-30SC452586ns11:Originalns0:Trustee42022-07-012023-06-30SC452586ns11:Originalns0:Trustee52022-07-012023-06-30SC452586ns11:Originalns0:Trustee62022-07-012023-06-30SC452586ns0:Trustee7ns11:Original2022-07-012023-06-30SC452586ns0:Trustee8ns11:Original2022-07-012023-06-30SC452586ns11:Originalns0:Trustee92022-07-012023-06-30SC452586ns11:Originalns0:TotalUnrestrictedFunds2022-07-012023-06-30SC452586ns11:Originalns0:TotalRestrictedIncomeFunds2022-07-012023-06-30SC452586ns11:Original2021-07-012022-06-30SC452586ns11:Originalns0:Activity82022-07-012023-06-30SC452586ns11:Originalns0:Activity8ns0:TotalUnrestrictedFunds2022-07-012023-06-30SC452586ns11:Originalns0:Activity8ns0:TotalRestrictedIncomeFunds2022-07-012023-06-30SC452586ns11:Originalns0:Activity82021-07-012022-06-30SC452586ns11:Originalns0:TotalUnrestrictedFunds2022-06-30SC452586ns11:Originalns0:TotalRestrictedIncomeFunds2022-06-30SC452586ns11:Original2021-06-30SC452586ns11:Originalns0:TotalUnrestrictedFunds2023-06-30SC452586ns11:Originalns0:TotalRestrictedIncomeFunds2023-06-30SC452586ns11:Original2022-06-30SC452586ns11:Originalns0:TotalUnrestrictedFundsns10:WithinOneYear2023-06-30SC452586ns11:Originalns0:TotalRestrictedIncomeFundsns10:WithinOneYear2023-06-30SC452586ns11:Originalns10:WithinOneYear2023-06-30SC452586ns11:Originalns10:WithinOneYear2022-06-30SC452586ns10:PlantMachineryns11:Original2022-07-012023-06-30SC452586ns11:Original22022-07-012023-06-30SC452586ns11:Originalns10:OwnedAssets2022-07-012023-06-30SC452586ns11:Originalns10:OwnedAssets2021-07-012022-06-30SC452586ns11:Originalns0:TotalUnrestrictedFunds2021-07-012022-06-30SC452586ns11:Originalns0:TotalRestrictedIncomeFunds2021-07-012022-06-30SC452586ns11:Originalns0:Activity8ns0:TotalUnrestrictedFunds2021-07-012022-06-30SC452586ns11:Originalns0:Activity8ns0:TotalRestrictedIncomeFunds2021-07-012022-06-30SC452586ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-06-30SC452586ns10:PlantMachineryns11:Original2022-06-30SC452586ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-07-012023-06-30SC452586ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2023-06-30SC452586ns10:PlantMachineryns11:Original2023-06-30SC452586ns11:Originalns10:LandBuildingsns10:OwnedOrFreeholdAssets2022-06-30SC452586ns10:PlantMachineryns11:Original2022-06-30
REGISTERED COMPANY NUMBER: SC452586 (Scotland)
REGISTERED CHARITY NUMBER: SO09562














Report of the Trustees and

Unaudited Financial Statements For The Year Ended 30 June 2023

for

Maryburgh Amenities Company Limited

Maryburgh Amenities Company Limited






Contents of the Financial Statements
For The Year Ended 30 June 2023




Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 12

Maryburgh Amenities Company Limited (Registered number: SC452586)

Report of the Trustees
For The Year Ended 30 June 2023


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity are - the advancement of citizenship or community development, the provision of recreational facilities, or the organisation of recreational facilities with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC452586 (Scotland)

Registered Charity number
SO09562

Registered office
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF

Trustees
Miss D W Budge
D J Stuart
Mrs C H Graham (resigned 1.6.23)
Ms F E Shand Housing Officer
Miss A M Stewart Administrative Officer
Miss C E Berry
Ms J R Elder (resigned 1.6.23)
J Mackay Director
C C Evans (appointed 29.8.23)

Independent Examiner
Alan E Long
The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF


Maryburgh Amenities Company Limited (Registered number: SC452586)

Report of the Trustees
For The Year Ended 30 June 2023


REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Royal Bank Of Scotland
High Street
Dingwall
Ross-shire
IV15 9HF

Approved by order of the board of trustees on 4 March 2024 and signed on its behalf by:





Miss D W Budge - Trustee

Independent Examiner's Report to the Trustees of
Maryburgh Amenities Company Limited

I report on the accounts for the year ended 30 June 2023 set out on pages four to twelve.

Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement
In connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.








Alan E Long
The Institute of Chartered Accountants in England and Wales

The Long Partnership
1st Floor
Robertson House
Shore Street
Inverness
Highland
IV1 1NF

4 March 2024

Maryburgh Amenities Company Limited

Statement of Financial Activities
For The Year Ended 30 June 2023

30.6.23 30.6.22
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 11,357 - 11,357 766

Charitable activities
General 5,750 - 5,750 50,550

Other trading activities 2 10,519 - 10,519 8,653
Rental income 3 4,741 - 4,741 7,541
Total 32,367 - 32,367 67,510

EXPENDITURE ON
Raising funds 2,851 - 2,851 1,875

Charitable activities
General 9,306 10,778 20,084 19,586

Other 3,171 - 3,171 -
Total 15,328 10,778 26,106 21,461

NET INCOME/(EXPENDITURE) 17,039 (10,778 ) 6,261 46,049


RECONCILIATION OF FUNDS
Total funds brought forward 13,470 47,558 61,028 14,979

TOTAL FUNDS CARRIED FORWARD 30,509 36,780 67,289 61,028

Maryburgh Amenities Company Limited (Registered number: SC452586)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 8 11,084 - 11,084 678

CURRENT ASSETS
Debtors 9 1,130 - 1,130 1,738
Cash at bank 19,195 36,780 55,975 59,312
20,325 36,780 57,105 61,050

CREDITORS
Amounts falling due within one year 10 (900 ) - (900 ) (700 )

NET CURRENT ASSETS 19,425 36,780 56,205 60,350

TOTAL ASSETS LESS CURRENT
LIABILITIES

30,509

36,780

67,289

61,028

NET ASSETS 30,509 36,780 67,289 61,028
FUNDS 11
Unrestricted funds 30,509 13,470
Restricted funds 36,780 47,558
TOTAL FUNDS 67,289 61,028

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that 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 charitable 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 charitable company.


Maryburgh Amenities Company Limited (Registered number: SC452586)

Balance Sheet - continued
30 June 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 4 March 2024 and were signed on its behalf by:





D W Budge - Trustee

Maryburgh Amenities Company Limited

Notes to the Financial Statements
For The Year Ended 30 June 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Incoming resources
All incoming resources are included, inclusive of any irrecoverable VAT, on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended
Expenditure is accounted for on an accruals basis, inclusive of irrecoverable VAT, and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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 - 25% on cost

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHER TRADING ACTIVITIES
30.6.23 30.6.22
£    £   
Fundraising events 2,278 904
Gala 5,471 4,341
200 Club 2,380 3,000
Salvation Army 78 38
Adverts 290 370
Misc income 22 -
10,519 8,653

Maryburgh Amenities Company Limited

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

3. RENTAL INCOME
30.6.23 30.6.22
£    £   
Hall lets 4,741 7,541

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.6.23 30.6.22
£    £   
Depreciation - owned assets 251 1,619
Surplus on disposal of fixed assets (636 ) -

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022.


6. STAFF COSTS

The average monthly number of employees during the year was as follows:

30.6.23 30.6.22
Caretaker and maintenance 1 -

No employees received emoluments in excess of £60,000.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 766 - 766

Charitable activities
General 3,550 47,000 50,550

Other trading activities 8,653 - 8,653
Rental income 7,541 - 7,541
Total 20,510 47,000 67,510

EXPENDITURE ON
Raising funds 1,875 - 1,875

Charitable activities
General 19,061 525 19,586

Maryburgh Amenities Company Limited

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
fund funds funds
£    £    £   
Total 20,936 525 21,461

NET INCOME/(EXPENDITURE) (426 ) 46,475 46,049


RECONCILIATION OF FUNDS
Total funds brought forward 13,896 1,083 14,979

TOTAL FUNDS CARRIED FORWARD 13,470 47,558 61,028

8. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 July 2022 - 6,572 6,572
Additions 11,084 - 11,084
Disposals - (2,000 ) (2,000 )
At 30 June 2023 11,084 4,572 15,656
DEPRECIATION
At 1 July 2022 - 5,894 5,894
Charge for year - 251 251
Eliminated on disposal - (1,573 ) (1,573 )
At 30 June 2023 - 4,572 4,572
NET BOOK VALUE
At 30 June 2023 11,084 - 11,084
At 30 June 2022 - 678 678

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 319 998
Prepayments 811 740
1,130 1,738


Maryburgh Amenities Company Limited

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Accrued expenses 900 700

11. MOVEMENT IN FUNDS
Net
movement At
At 1.7.22 in funds 30.6.23
£    £    £   
Unrestricted funds
General fund 13,470 17,039 30,509

Restricted funds
Gym Mats 558 505 1,063
Highland Council - Hall Grant 47,000 (11,283 ) 35,717
47,558 (10,778 ) 36,780
TOTAL FUNDS 61,028 6,261 67,289

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 32,367 (15,328 ) 17,039

Restricted funds
Gym Mats - 505 505
Highland Council - Hall Grant - (11,283 ) (11,283 )
- (10,778 ) (10,778 )
TOTAL FUNDS 32,367 (26,106 ) 6,261


Maryburgh Amenities Company Limited

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.7.21 in funds 30.6.22
£    £    £   
Unrestricted funds
General fund 13,896 (426 ) 13,470

Restricted funds
Gym Mats 1,083 (525 ) 558
Highland Council - Hall Grant - 47,000 47,000
1,083 46,475 47,558
TOTAL FUNDS 14,979 46,049 61,028

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 20,510 (20,936 ) (426 )

Restricted funds
Gym Mats - (525 ) (525 )
Highland Council - Hall Grant 47,000 - 47,000
47,000 (525 ) 46,475
TOTAL FUNDS 67,510 (21,461 ) 46,049

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.7.21 in funds 30.6.23
£    £    £   
Unrestricted funds
General fund 13,896 16,613 30,509

Restricted funds
Gym Mats 1,083 (20 ) 1,063
Highland Council - Hall Grant - 35,717 35,717
1,083 35,697 36,780
TOTAL FUNDS 14,979 52,310 67,289

Maryburgh Amenities Company Limited

Notes to the Financial Statements - continued
For The Year Ended 30 June 2023

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 52,877 (36,264 ) 16,613

Restricted funds
Gym Mats - (20 ) (20 )
Highland Council - Hall Grant 47,000 (11,283 ) 35,717
47,000 (11,303 ) 35,697
TOTAL FUNDS 99,877 (47,567 ) 52,310

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 June 2023.