| Shieldhill Youth/Community Hall Project |
| Registered Number:SC369642 |
For the year ended 31 December 2025
Scotland
Unaudited Financial Statements
For the year ended 31 December 2025
Shieldhill Youth/Community Hall Project
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Shieldhill Youth/Community Hall Project
Statement of Financial Position
2024
2025
| Property, plant and equipment |
83,037
83,324
2
83,037
83,324
1,404
| Cash and cash equivalents |
1,752
1,752
1,404
| Trade and other payables: amounts falling due within one year |
(259)
(259)
3
1,145
1,493
Net current assets
| Total assets less current liabilities |
84,530
84,469
84,530
Net assets
84,469
84,530
84,469
84,530
84,469
Members' Funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 profit or loss for each financial year in accordance with the requirements of Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 24 September 2026 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2025
Shieldhill Youth/Community Hall Project
Notes to the Financial Statements
Statutory Information
| Shieldhill Youth/Community Hall Project is a private limited company, limited by guarantee, domiciled in Scotland, registration |
| number SC369642. |
13 Moffat Avenue
Carronshore
Falkirk
FK2 8TB
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives |
| are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The |
| directors undertake an annual impairment review of these properties. |
| 2. Property, plant and equipment |
85,289
3,878
81,411
81,411
3,878
85,289
| Provision for depreciation and impairment |
1,965
1,965
-
Charge for year
287
287
-
2,252
2,252
-
81,411
1,626
83,037
81,411
1,913
83,324
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For the year ended 31 December 2025
Shieldhill Youth/Community Hall Project
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2024
2025
259
259
| 4. Average number of persons employed |
During the year the average number of employees was 0
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