COMPANY REGISTRATION NUMBER:
SC447304
Murrayfield Sports Club Limited |
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Filleted Unaudited Financial Statements |
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Murrayfield Sports Club Limited |
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Statement of Financial Position |
|
31 July 2024
Current assets
Investments |
4 |
2 |
|
2 |
Cash at bank and in hand |
98 |
|
98 |
|
---- |
|
---- |
|
100 |
|
100 |
|
---- |
|
---- |
Net current assets |
|
100 |
100 |
|
|
---- |
---- |
Total assets less current liabilities |
|
100 |
100 |
|
|
---- |
---- |
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|
|
|
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Capital and reserves
Called up share capital |
5 |
|
100 |
100 |
|
|
---- |
---- |
Shareholders funds |
|
100 |
100 |
|
|
---- |
---- |
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|
|
|
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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 comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
23 January 2025
, and are signed on behalf of the board by:
Company registration number:
SC447304
Murrayfield Sports Club Limited |
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Notes to the Financial Statements |
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Year ended 31 July 2024
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 14 Riversdale Crescent, Edinburgh, EH12 5QT.
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.
Investments
Investments held for resale are recorded at cost.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
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.
4.
Investments
Investments in group undertakings |
2 |
2 |
|
---- |
---- |
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|
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5.
Called up share capital
Issued, called up and fully paid
Ordinary shares of £ 1 each |
100 |
100 |
100 |
100 |
|
---- |
---- |
---- |
---- |
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|
|
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6.
Related party transactions
No related parties transactions were undertaken during the year. The company is controlled by its shareholders. No individual shareholder has overall control.