Company Registration No. SC275164 (Scotland)
Vine Conference Limited
Unaudited accounts
for the year ended 31 December 2023
Vine Conference Limited
Unaudited accounts
Contents
Vine Conference Limited
Company Information
for the year ended 31 December 2023
Directors
Aaron Dowds
Michael Strachan
Timothy Thomson
Secretary
Michael Strachan
Company Number
SC275164 (Scotland)
Registered Office
131 Garvock Hill
Dunfermline
Fife
KY11 4JU
Scotland
Accountants
Peter Hall Finance & Accounting Solutions
of Tillicoultry
Clackmannanshire
FK13 6DR
Vine Conference Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
34,864
34,773
Creditors: amounts falling due within one year
(16,518)
(11,045)
Net current assets
20,883
25,527
Total assets less current liabilities
24,553
25,527
Creditors: amounts falling due after more than one year
(16,039)
(17,013)
Capital contribution reserve
3
3
Profit and loss account
8,511
8,511
Shareholders' funds
8,514
8,514
For the year ending 31 December 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 21 February 2024 and were signed on its behalf by
Michael Strachan
Director
Company Registration No. SC275164
Vine Conference Limited
Notes to the Accounts
for the year ended 31 December 2023
Vine Conference Limited is a private company, limited by shares, registered in Scotland, registration number SC275164. The registered office is 131 Garvock Hill, Dunfermline, Fife, KY11 4JU, Scotland.
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.
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:
Motor vehicles
33.3% straight line
Fixtures & fittings
25% straight line
The company is limited by guarantee. The liability of each member of the company, in the event of its winding up, is limited to £1.
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
17,014
At 31 December 2023
13,344
Amounts falling due within one year
Vine Conference Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(364)
(159)
Other creditors
16,882
11,204
7
Creditors: amounts falling due after more than one year
2023
2022
Aggregate of amounts that fall due for payment after five years
-
13,546
8
Transactions with related parties
During the year, the following balances were relevant regarding the parent company; "The Vine Church Limited"
- Cost of sales (venue expenses) includes rental paid £18,000 (£24,000 in 2022)
- Administrative expenses includes donation £12,634.75 (£9,393.25 in 2022)
The company is controlled by "The Vine Church Limited". Companies House Registered Number is SC329580. "Office of the Scottish Charity Regulator" Number is SC006152.
10
Average number of employees
During the year the average number of employees was 2 (2022: 1).