0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC282862 2023-04-01 2024-03-31 SC282862 2024-03-31 SC282862 2023-03-31 SC282862 2022-04-01 2023-03-31 SC282862 2023-03-31 SC282862 2022-03-31 SC282862 bus:Director21 2023-04-01 2024-03-31 SC282862 core:WithinOneYear 2024-03-31 SC282862 core:WithinOneYear 2023-03-31 SC282862 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC282862 core:RetainedEarningsAccumulatedLosses 2023-03-31 SC282862 bus:SmallEntities 2023-04-01 2024-03-31 SC282862 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC282862 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC282862 bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 SC282862 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: SC282862
Highland Tourism Awards
Company Limited by Guarantee
Filleted Unaudited Financial Statements
31 March 2024
Highland Tourism Awards
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
Current assets
Debtors
5
2,735
13,200
Cash at bank and in hand
9,336
13,092
--------
--------
12,071
26,292
Creditors: amounts falling due within one year
6
240
19,627
--------
--------
Net current assets
11,831
6,665
--------
-------
Total assets less current liabilities
11,831
6,665
--------
-------
Net assets
11,831
6,665
--------
-------
Capital and reserves
Profit and loss account
11,831
6,665
--------
-------
Members funds
11,831
6,665
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 15 November 2024 , and are signed on behalf of the board by:
C Ross
Director
Company registration number: SC282862
Highland Tourism Awards
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by guarantee, registered in Scotland. The address of the registered office is 28 Queensgate, Inverness, IV1 1DJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Company limited by guarantee
Highland Tourism Awards is a company limited by guarantee and accordingly does not have any share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
5. Debtors
2024
2023
£
£
Trade debtors
13,200
Other debtors
2,735
-------
--------
2,735
13,200
-------
--------
6. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
2,231
Social security and other taxes
2,896
Other creditors
240
14,500
----
--------
240
19,627
----
--------