Company Registration No. SC315512 (Scotland)
Visit Arran Limited
Unaudited accounts
for the year ended 31 March 2023
Visit Arran Limited
Unaudited accounts
Contents
Visit Arran Limited
Company Information
for the year ended 31 March 2023
Directors
Rachel Elizabeth Armitage
Robert James Crawford
Ailsa Norma Currie
Thomas Ashley Jessop
Judith King
Lorna Jane Mansfield
Sarah Helen Pomfret
Christopher William Baird Trail
Andrew Howard Walsh
Company Number
SC315512 (Scotland)
Registered Office
VISITARRAN THE PIER
BRODICK
ISLE OF ARRAN
KA27 8AU
SCOTLAND
Accountants
Arran Accountancy Limited
Alexanders
Brodick
Isle of Arran
KA27 8HF
Visit Arran Limited
Statement of financial position
as at 31 March 2023
Intangible assets
23,636
27,575
Tangible assets
14,203
9,702
Cash at bank and in hand
70,010
65,843
Creditors: amounts falling due within one year
(57,134)
(72,662)
Net current assets
21,631
2,169
Profit and loss account
59,470
39,446
Members' funds
59,470
39,446
For the year ending 31 March 2023 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 December 2023 and were signed on its behalf by
Thomas Ashley Jessop
Director
Company Registration No. SC315512
Visit Arran Limited
Notes to the Accounts
for the year ended 31 March 2023
Visit Arran Limited is a private company, limited by guarantee, registered in Scotland, registration number SC315512. The registered office is VISITARRAN THE PIER, BRODICK, ISLE OF ARRAN, KA27 8AU, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% straight line
Computer equipment
25% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Visit Arran Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
11,254
-
2,318
13,572
At 31 March 2023
11,254
9,619
2,318
23,191
At 1 April 2022
2,251
-
1,619
3,870
Charge for the year
2,251
2,405
462
5,118
At 31 March 2023
4,502
2,405
2,081
8,988
At 31 March 2023
6,752
7,214
237
14,203
At 31 March 2022
9,003
-
699
9,702
Amounts falling due within one year
Accrued income and prepayments
4,200
6,120
7
Creditors: amounts falling due within one year
2023
2022
Deferred income
50,335
66,886
8
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).