24 October 2024 false No description of principal activity Taxfiler 2024.6 SC826933business:PrivateLimitedCompanyLtd2024-10-242025-10-31 SC8269332024-10-23 SC8269332024-10-242025-10-31 SC826933business:AuditExempt-NoAccountantsReport2024-10-242025-10-31 SC826933business:FilletedAccounts2024-10-242025-10-31 SC8269332025-10-31 SC826933business:Director12024-10-242025-10-31 SC826933business:Director22024-10-242025-10-31 SC826933business:RegisteredOffice2024-10-242025-10-31 SC826933core:WithinOneYear2025-10-31 SC826933core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-10-31 SC826933core:PreviouslyStatedAmount2025-10-31 SC826933business:SmallEntities2024-10-242025-10-31 SC826933countries:Scotland2024-10-242025-10-31 SC826933core:FurnitureFittings2024-10-242025-10-31 SC826933core:FurnitureFittings2024-10-23 SC826933core:FurnitureFittings2025-10-31 SC826933core:AfterOneYear2025-10-31 iso4217:GBP xbrli:pure
Company Registration No. SC826933 (Scotland)
Museum Context Edinburgh Limited Unaudited accounts for the period from 24 October 2024 to 31 October 2025
Museum Context Edinburgh Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Museum Context Edinburgh Limited Company Information for the period from 24 October 2024 to 31 October 2025
Directors
Alice McRae Andrew McRae
Company Number
SC826933 (Scotland)
Registered Office
40 Victoria Street Edinburgh EH1 2JW Scotland
Accountants
Braes Accountancy Limited Ironworks Business Centre Castlelaurie Industrial Estate Falkirk Stirlingshire FK2 7XE
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Museum Context Edinburgh Limited Statement of financial position as at 31 October 2025
2025 
Notes
£ 
Fixed assets
Tangible assets
4
1,994 
Current assets
Inventories
20,000 
Debtors
5
46,104 
Cash at bank and in hand
108,285 
174,389 
Creditors: amounts falling due within one year
6
(136,199)
Net current assets
38,190 
Net assets
40,184 
Capital and reserves
Profit and loss account
40,184 
Shareholders' funds
40,184 
For the period ending 31 October 2025 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by
Andrew McRae Director Company Registration No. SC826933
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Museum Context Edinburgh Limited Notes to the Accounts for the period from 24 October 2024 to 31 October 2025
1
Statutory information
Museum Context Edinburgh Limited is a private company, limited by shares, registered in Scotland, registration number SC826933. The registered office is 40 Victoria Street, Edinburgh, EH1 2JW, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 24 October 2024
- 
Additions
2,492 
At 31 October 2025
2,492 
Depreciation
Charge for the period
498 
At 31 October 2025
498 
Net book value
At 31 October 2025
1,994 
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Museum Context Edinburgh Limited Notes to the Accounts for the period from 24 October 2024 to 31 October 2025
5
Debtors
2025 
£ 
Amounts falling due within one year
VAT
10,263 
Amounts due from group undertakings etc.
21,107 
31,370 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
12,250 
Accrued income and prepayments
2,484 
14,734 
6
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
37,794 
Amounts owed to group undertakings and other participating interests
50,000 
Taxes and social security
9,543 
Other creditors
38,862 
136,199 
7
Average number of employees
During the period the average number of employees was 5.
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