Company Registration No. SC238637 (Scotland)
Fingask Events Limited
Unaudited accounts
for the year ended 31 October 2023
Fingask Events Limited
Unaudited accounts
Contents
Fingask Events Limited
Company Information
for the year ended 31 October 2023
Directors
Andrew Threipland
Helen Threipland
Company Number
SC238637 (Scotland)
Registered Office
Fingask Castle
Rait
Perthshire
PH2 7SA
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Fingask Events Limited
Statement of financial position
as at 31 October 2023
Tangible assets
62,757
71,261
Cash at bank and in hand
32,626
5,441
Creditors: amounts falling due within one year
(480,885)
(443,984)
Net current liabilities
(374,462)
(310,985)
Net liabilities
(311,705)
(239,724)
Called up share capital
290,000
290,000
Profit and loss account
(601,705)
(529,724)
Shareholders' funds
(311,705)
(239,724)
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Andrew Threipland
Director
Company Registration No. SC238637
Fingask Events Limited
Notes to the Accounts
for the year ended 31 October 2023
Fingask Events Limited is a private company, limited by shares, registered in Scotland, registration number SC238637. The registered office is Fingask Castle, Rait , Perthshire, PH2 7SA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
10% -25% straight line
Fixtures & fittings
10% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2022
23,537
370,090
28,448
172,959
14,798
609,832
Additions
-
11,967
-
-
-
11,967
At 31 October 2023
23,537
382,057
28,448
172,959
14,798
621,799
At 1 November 2022
23,537
354,897
28,448
116,891
14,798
538,571
Charge for the year
-
10,276
-
10,195
-
20,471
At 31 October 2023
23,537
365,173
28,448
127,086
14,798
559,042
At 31 October 2023
-
16,884
-
45,873
-
62,757
At 31 October 2022
-
15,193
-
56,068
-
71,261
Fingask Events Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
59,386
107,320
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,223
6,745
Taxes and social security
18,391
29,668
Other creditors
64,343
8,215
Loans from directors
310,939
262,368
Deferred income
79,989
136,988
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).