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REGISTERED NUMBER: SC165727 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Match Point (Hospitality) Limited

Match Point (Hospitality) Limited (Registered number: SC165727)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Match Point (Hospitality) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J N R Cunningham
Ms V Porter





REGISTERED OFFICE: 22 Young Street
Edinburgh
EH2 4HU





REGISTERED NUMBER: SC165727 (Scotland)





ACCOUNTANTS: J S Accounting Services Limited
13-15 Morningside Drive
EDINBURGH
EH10 5LZ

Match Point (Hospitality) Limited (Registered number: SC165727)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 225,000 225,000
Tangible assets 5 3,196 -
Investments 6 223,750 223,750
451,946 448,750

CURRENT ASSETS
Debtors 7 58,152 183,275
Cash at bank 151,619 203,199
209,771 386,474
CREDITORS
Amounts falling due within one year 8 24,006 122,049
NET CURRENT ASSETS 185,765 264,425
TOTAL ASSETS LESS CURRENT
LIABILITIES

637,711

713,175

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Revaluation reserve 9 225,000 236,820
Retained earnings 402,711 466,355
637,711 713,175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which 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 company as at the end of each financial year and of its profit or loss 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 company.

Match Point (Hospitality) Limited (Registered number: SC165727)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by:





J N R Cunningham - Director


Match Point (Hospitality) Limited (Registered number: SC165727)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Match Point (Hospitality) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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 etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Match Point (Hospitality) Limited (Registered number: SC165727)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 225,000
NET BOOK VALUE
At 31 December 2023 225,000
At 31 December 2022 225,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,914
At 31 December 2023 3,914
DEPRECIATION
Charge for year 718
At 31 December 2023 718
NET BOOK VALUE
At 31 December 2023 3,196

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023
and 31 December 2023 223,750
NET BOOK VALUE
At 31 December 2023 223,750
At 31 December 2022 223,750

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2023 223,750

Match Point (Hospitality) Limited (Registered number: SC165727)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 149 180,299
Other debtors 58,003 2,976
58,152 183,275

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 13,048 7,993
Taxation and social security 174 18,233
Other creditors 10,784 95,823
24,006 122,049

9. RESERVES
Revaluation
reserve
£   
At 1 January 2023 236,820
Movement In Year (11,820 )

At 31 December 2023 225,000

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends of £60,000 were paid to Mr Cunningham during the year.