REGISTERED NUMBER: SC095587 (Scotland)

Financial Statements For The Year Ended 31 March 2025

for

Snowsport Scotland Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A Lee-Bapty

P Stark

M-A Lawrie

T J Winther

J E Stenhouse

D M Fisken

I R Clapham

R Meaden

V R Williams

G Thomson

REGISTERED OFFICE:

9 Bankhead Drive

Sighthill Industrial Estate

Edinburgh

EH12 9DQ

REGISTERED NUMBER:

SC095587 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Tangible assets

4

6,645

4,058

CURRENT ASSETS

Stocks

4,259

5,841

Debtors

5

130,269

108,654

Cash at bank

180,249

128,535

314,777

243,030

CREDITORS

Amounts falling due within one year

6

192,482

124,147

NET CURRENT ASSETS

122,295

118,883

TOTAL ASSETS LESS CURRENT LIABILITIES

128,940

122,941

RESERVES

Income and expenditure account

128,940

122,941

128,940

122,941

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by:

T J Winther - Director

1.	STATUTORY INFORMATION

Snowsport Scotland Limited is a private company, limited by guarantee , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Development resources

-

33.33% on cost

Furniture and equipment

-

33.33% on cost

Software

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Current or deferred taxation assets and liabilities are not discounted.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Capital grants and donations

Grants are treated as deferred income with a portion being released to revenue annually in accordance with the expected lives of the relevant assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

Development

and

resources

equipment

Software

Totals

£

£

£

£

COST

At 1 April 2024

2,690

24,876

4,680

32,246

Additions

-

5,094

-

5,094

At 31 March 2025

2,690

29,970

4,680

37,340

DEPRECIATION

At 1 April 2024

2,690

20,818

4,680

28,188

Charge for year

-

2,507

-

2,507

At 31 March 2025

2,690

23,325

4,680

30,695

NET BOOK VALUE

At 31 March 2025

-

6,645

-

6,645

At 31 March 2024

-

4,058

-

4,058

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

80,118

98,109

Prepayments and accrued income

50,151

10,545

130,269

108,654

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

40,802

34,140

Tax

221

184

Social security and other taxes

8,157

6,727

Accruals and deferred income

143,302

83,096

192,482

124,147

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

3,744

3,596

8.	LIMITED BY GUARANTEE

Every member of Snowsport Scotland Limited undertakes to contribute such amount as may be required (not exceeding £1) to Snowsport Scotland Limited's assets if it should be wound up while he is a member or within one year after he ceases to be a member.

9.

FUNDS

Opening

Surplus /(Deficit)

Closing

£

£

£

John Hynds Memorial Fund

6,679

(1,000

)

5,679

General Fund

97,198

7,529

104,727

Special Member's Fund

19,064

(530

)

18,534

Total

122,941

5,999

128,940