Company Registration No. SC355496 (Scotland)
Industry Spotlight Limited
(A company limited by guarantee)
unaudited financial statements
for the year ended 30 June 2023
Pages for filing with Registrar
Industry Spotlight Limited
(A company limited by guarantee)
Contents
Page
Balance sheet
1
Notes to the financial statements
2
Industry Spotlight Limited
(A company limited by guarantee)
Balance sheet
as at 30 June 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Net assets
Members' funds
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
For the financial year ended 30 June 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 29 February 2024 and are signed on its behalf by:
Mr C Black
Director
Company Registration No. SC355496
Industry Spotlight Limited
(A company limited by guarantee)
Notes to the financial statements
for the year ended 30 June 2023
- 2 -
1
Accounting policies
Company information
Industry Spotlight Limited is a private company limited by guarantee incorporated in Scotland. The registered office is South Cottage Mill of Argaty, By Doune,, Stirling, Scotland, FK16 6EN.
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
Profit and loss account
The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
3
Members' liability
On the winding up of the company every member has undertaken to contribute to the assets of the company for the payment of the debts and liabilities and of the cost of winding up of the company, such amount as may be required for not exceeding one pound. If the winding up occurs within one year of a member ceasing to be a member then the above applies for debts and liabilities of the company contracted for before he ceased to be a member.
4
Parent company
The parent company and controlling party is Jab Investments Limited.