THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Company limited by guarantee

Company Registration Number:
SC242637 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Contents of the Financial Statements

for the Period Ended 31 May 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Directors' report period ended 31 May 2023

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

Principal activities of the company

The charity's principal objective is the advancement of education by promoting, improving and advancing public understanding and appreciation of arts by facilitating exhibitions.

Additional information

The report covers:. Structure, Governance and Management. Appointment of Directors. Achievements and Performance 2022 to 2023



Directors

The directors shown below have held office during the whole of the period from
1 June 2022 to 31 May 2023

Sheila Page
Jacqueline Orr
Jenny Mason
Cheryl Connell
Sarah Calmus
Amanda Airey
Rowan Paton
Rick Ballard


The director shown below has held office during the period of
1 June 2022 to 29 March 2023

Jamie McAteer


The director shown below has held office during the period of
1 June 2022 to 26 March 2023

Olivia Turner


The director shown below has held office during the period of
1 June 2022 to 8 October 2022

Catriona Mackintosh


The directors shown below have held office during the period of
8 October 2022 to 31 May 2023

Angus McEwan
Morag Muir


Secretary Morton Fraser Secretaries Ltd

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 February 2024

And signed on behalf of the board by:
Name: Sheila Page
Status: Director

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 23,795 19,392
Cost of sales: ( 22,800 ) ( 19,391 )
Gross profit(or loss): 995 1
Administrative expenses: ( 753 ) ( 753 )
Operating profit(or loss): 242 (752)
Profit(or loss) before tax: 242 (752)
Profit(or loss) for the financial year: 242 (752)

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 0 111
Cash at bank and in hand: 1,780 1,926
Total current assets: 1,780 2,037
Creditors: amounts falling due within one year: 4 ( 1,000 ) ( 1,500 )
Net current assets (liabilities): 780 537
Total assets less current liabilities: 780 537
Total net assets (liabilities): 780 537
Members' funds
Profit and loss account: 780 537
Total members' funds: 780 537

The notes form part of these financial statements

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Balance sheet statements

For the year ending 31 May 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 applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 February 2024
and signed on behalf of the board by:

Name: Sheila Page
Status: Director

The notes form part of these financial statements

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Debtors

2023 2022
£ £
Trade debtors 0 111
Total 0 111

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,000 1,500
Total 1,000 1,500