The Glasgow School of Music (GSOFM) Limited SC627435 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is the provision of musical tuition services Digita Accounts Production Advanced 6.30.9574.0 true SC627435 2023-05-01 2024-04-30 SC627435 2024-04-30 SC627435 bus:Director1 1 2024-04-30 SC627435 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 SC627435 bus:Micro-entities 2023-05-01 2024-04-30 SC627435 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 SC627435 bus:FullAccounts 2023-05-01 2024-04-30 SC627435 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC627435 bus:RegisteredOffice 2023-05-01 2024-04-30 SC627435 bus:Director1 2023-05-01 2024-04-30 SC627435 bus:Director1 1 2023-05-01 2024-04-30 SC627435 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC627435 countries:Scotland 2023-05-01 2024-04-30 SC627435 bus:Director1 1 2023-04-30 SC627435 2022-05-01 2023-04-30 SC627435 2023-04-30 SC627435 bus:Director1 1 2023-04-30 SC627435 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 SC627435 bus:Director1 1 2022-05-01 2023-04-30 SC627435 bus:Director1 1 2022-04-30 iso4217:GBP xbrli:pure

Registration number: SC627435

The Glasgow School of Music (GSOFM) Limited

trading as The Glasgow School of Music

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2024

 

The Glasgow School of Music (GSOFM) Limited

trading as The Glasgow School of Music

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

The Glasgow School of Music (GSOFM) Limited

trading as The Glasgow School of Music

Company Information

Director

Mr Paul Murray

Registered office

542 Scotland Street West
Glasgow
G41 1BZ

 

The Glasgow School of Music (GSOFM) Limited

trading as The Glasgow School of Music

(Registration number: SC627435)
Balance Sheet as at 30 April 2024

2024
£

2023
£

Fixed assets

599

2,038

Current assets

5,540

4,701

Prepayments and accrued income

-

533

Creditors: Amounts falling due within one year

(2,025)

(5,150)

Net current assets

3,515

84

Total assets less current liabilities

4,114

2,122

Accruals and deferred income

(4,058)

(2,058)

 

56

64

Capital and reserves

56

64

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
542 Scotland Street West
Glasgow
G41 1BZ

These financial statements were authorised for issue by the director on 29 January 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 15 (2023 - 9).

3

Related party transactions

Interest is charged at 2% per annum on overdrawn director/shareholder balances if in excess of £10,000.

Transactions with the director

 

The Glasgow School of Music (GSOFM) Limited

trading as The Glasgow School of Music

(Registration number: SC627435)
Balance Sheet as at 30 April 2024

2024

At 1 May 2023
£

At 30 April 2024
£

Mr Paul Murray

Interest Free Loan

3,086

3,848

2023

At 1 May 2022
£

At 30 April 2023
£

Mr Paul Murray

Interest Free Loan

-

3,086

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 29 January 2025
 

.........................................
Mr Paul Murray
Director