REGISTERED NUMBER: SC298505 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SCOTTISH VOLLEYBALL ASSOCIATION

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M A Fleming

J M Bruce

K T J Macleod

L K Watson

A W Fleming

G A Fraser

W J Stobie

G Guthrie

REGISTERED OFFICE:

48 The Pleasance

Edinburgh

EH8 9TJ

REGISTERED NUMBER:

SC298505 (Scotland)

ACCOUNTANTS:

S&W Partners (Scotland) Limited

Q Court

3 Quality Street

Edinburgh

EH4 5BP

FIXED ASSETS

Tangible assets

4

25,418

21,251

CURRENT ASSETS

Debtors

5

83,003

40,095

Cash at bank

233,698

201,734

316,701

241,829

CREDITORS

Amounts falling due within one year

6

(140,044

)

(118,864

)

NET CURRENT ASSETS

176,657

122,965

TOTAL ASSETS LESS CURRENT LIABILITIES

202,075

144,216

RESERVES

Income and expenditure account

202,075

144,216

202,075

144,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2026 and were signed on its behalf by:

G Guthrie - Director

1.	STATUTORY INFORMATION

Scottish Volleyball Association 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.

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.

The financial statements have been prepared on a going concern basis.

GRANTS

Grants are credited to the income and expenditure account in the same period as the related expenditure.

Outstanding grant claims for expenditure incurred in the year are accrued and included in debtors.

Deferred grants are expected to be spent in the twelve months following the company's year end.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

25% per annum on cost

TAXATION

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

Current or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

MEMBERS' SUBSCRIPTIONS

Subscriptions are credited to the income and expenditure account in the same period of membership that the subscription covers.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 53 (2025 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025

57,056

Additions

9,364

Disposals

(18,498

)

At 31 March 2026

47,922

DEPRECIATION

At 1 April 2025

35,805

Charge for year

5,197

Eliminated on disposal

(18,498

)

At 31 March 2026

22,504

NET BOOK VALUE

At 31 March 2026

25,418

At 31 March 2025

21,251

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

16,195

5,959

Other debtors

66,808

34,136

83,003

40,095

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

48,177

22,015

Tax

515

677

Other creditors

91,352

96,172

140,044

118,864