THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Company limited by guarantee

Company Registration Number:
SC242637 (Scotland)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

Principal activities of the company The charity's principal objective is the advancement of eduction by promoting, improving and advancing public understanding and appreciation of arts by facilitating exhibitions.

Additional information

The report covers: Structure, Governance and Management; Objectives and Activities; Achievements and Performance 2023 to 2024



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Sheila Page
Rick Ballard
Angus McEwan
Morag Muir
Jacqueline Orr
Jennifer Mason
Frank To
Cheryl Connell
Sarah Calmus
Amanda Airey
Rowan Paton


Secretary MFMAC Secretaries :td

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 February 2025

And signed on behalf of the board by:
Name: Sheila Page
Status: Director

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 22,359 23,795
Cost of sales: ( 20,646 ) ( 22,800 )
Gross profit(or loss): 1,713 995
Administrative expenses: ( 764 ) ( 753 )
Operating profit(or loss): 949 242
Profit(or loss) before tax: 949 242
Profit(or loss) for the financial year: 949 242

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 1,764 0
Cash at bank and in hand: 1,729 1,780
Total current assets: 3,493 1,780
Creditors: amounts falling due within one year: 4 ( 1,764 ) ( 1,000 )
Net current assets (liabilities): 1,729 780
Total assets less current liabilities: 1,729 780
Total net assets (liabilities): 1,729 780
Members' funds
Profit and loss account: 1,729 780
Total members' funds: 1,729 780

The notes form part of these financial statements

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 23 February 2025
and signed on behalf of the board by:

Name: Rick Ballard
Status: Director

The notes form part of these financial statements

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 1,764 0
Total 1,764 0

THE EXHIBITING SOCIETIES OF SCOTTISH ARTISTS

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 1,500 1,000
Other creditors 264
Total 1,764 1,000