GOURLAY EVENTS LIMITED

Company Registration Number:
SC563077 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

GOURLAY EVENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes

GOURLAY EVENTS LIMITED

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 599,948 489,273
Total fixed assets: 599,948 489,273
Current assets
Stocks: 4 6,000 5,000
Debtors: 5 39,341 56,125
Cash at bank and in hand: 8,833 52,238
Total current assets: 54,174 113,363
Creditors: amounts falling due within one year: 6 ( 432,956 ) ( 402,513 )
Net current assets (liabilities): (378,782) (289,150)
Total assets less current liabilities: 221,166 200,123
Creditors: amounts falling due after more than one year: 7 ( 38,131 ) ( 85,586 )
Provision for liabilities: ( 38,058 ) ( 25,083 )
Total net assets (liabilities): 144,977 89,454
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 139,977 84,454
Total Shareholders' funds: 144,977 89,454

The notes form part of these financial statements

GOURLAY EVENTS LIMITED

Balance sheet statements

For the year ending 30 November 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 August 2025
and signed on behalf of the board by:

Name: M A Gourlay
Status: Director

The notes form part of these financial statements

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Land and buildings not depreciated Plant and machinery 20% reducing balance Motor vehicles 25% reducing balance

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 62 61

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 265,941 269,234 177,776 712,951
Additions 54,163 9,795 89,449 153,407
Disposals ( 1,300 ) ( 1,300 )
Revaluations
Transfers
At 30 November 2024 320,104 277,729 267,225 865,058
Depreciation
At 1 December 2023 130,352 93,326 223,678
Charge for year 20,579 21,113 41,692
On disposals ( 260 ) ( 260 )
Other adjustments
At 30 November 2024 150,671 114,439 265,110
Net book value
At 30 November 2024 320,104 127,058 152,786 599,948
At 30 November 2023 265,941 138,882 84,450 489,273

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Stocks

2024 2023
£ £
Stocks 6,000 5,000
Total 6,000 5,000

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors

2024 2023
£ £
Trade debtors 39,341 56,125
Total 39,341 56,125

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 50,109 59,101
Trade creditors 22,285 74,550
Taxation and social security 60,937 59,215
Accruals and deferred income 12,781 2,559
Other creditors 286,844 207,088
Total 432,956 402,513

GOURLAY EVENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 38,131 85,586
Total 38,131 85,586