For the financial period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Scottish Orienteering 6-Day Event Company Limited is a private company limited by shares incorporated in Scotland. The registered office is National Orienteering Centre, c/o Glenmore Lodge, Aviemore, Inverness-shire, PH22 1QU.

These financial statements cover the ten month period from 1 March 2024 to 31 December 2024. The prior financial statements cover the year to 29 February 2024, therefore prior period amounts are not entirely comparable.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

These financial statements for the period ended 31 December 2024 are the first financial statements of Scottish Orienteering 6-Day Event Company Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 March 2023. Further explanation is given in notes 2 and 9.

The directors have reviewed the Company’s financial position, commitments and financial forecaststrue and have concluded that the Company has sufficient resources to meet its obligations as they fall due for at least 12 months from the date of this report. Accordingly, these financial statements have been prepared under the going concern basis of preparation.

The turnover in the profit and loss account represents the entry fees, sale of maps, results and other items. Revenue (primarily entry fees) which is received in advance of the period in which the related activity will be held is deferred and released to the profit and loss account in the relevant period that the revenue is earned.

Income from government and other grants is recognised when the company has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

The tax expense represents the tax payable on investment income. Other income is not subject to taxation, as agreed with HMRC.

In the current period, a change in accounting policy was adopted by the company in order to align with the accounting policies of the parent company. This change is the adoption of FRS 102. Previous financial statements were prepared under FRS 105. The change was necessary as the parent is now required to prepare consolidated accounts. In addition, also to align with the accounting policies of the parent, grant income is now recognised using the "performance model" rather than the "accrual model". The effect on the amounts included in the financial statements is shown in note 9.

The company’s revised accounting policies are set out in note 1.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the period was:

The above numbers refer to directors only. The directors receive no remuneration for their services and there are no paid employees.

Deferred income of £34,445 represents income received prior to 31 December 2024 which relates to Royal Deeside 2025. The prior period amount relates to the World Orienteering Championships.

The parent company of Scottish Orienteering 6-Day Event Company Limited is Scottish Orienteering Association and its registered office is National Orienteering Centre, Glenmore Lodge, Aviemore, Scotland, PH22 1QZ.