Regislered number
SC451330
MARYMASS FESTIVAL COMMirrEE
Report and Accounts
31 May 2023

MARYMASS FESTIVAL COMMITTEE
S1•gi•t•r•d numl>•r.'
6C461330
Directors. Report
The dirè(aofS pi'ÈSiiiil Iheir rèwrt aiMJ ac(x)unLs lof Ihe yea( eTrJgJ 31 May 2023.
Principal activlu.es
The company's principal aclivrty duriNJ ihe year continued lo te ...
Dlractor8
The lollowing pe(sons seréed as dwedors durffMJ the year.
Small company provislong
This report has been F￿epa￿ In accofdance wlh Ihe provision5 in Part 1 S of the Companles Acl
2006 applica￿e lo companies suty"e(a to the small companies regime.
This feport was approved by the board on O J8nuary 1fKKI and soned on its behalf.
Director

MARYMASS FESTIVAL COMMIThEE
Profit and Loss A¢¢ount
for the year ended 31 May 2023
2023
2022
Tumovef
72,195
Cost of sales
154.3121
Gross profit
17,883
Admini51r8tive expenges
4,505
Op•ratlng profit
Profit Ixlorn taxation
13.378
Tax on profil
Proflt for the flnanclal year
13,378

MARYMASS FESTIVAL cOMMI￿EE
Ilvyl?tvretl numbvr:
8C4513?0
Balance Shfjét
as at 31 May 2023
Not•$
2023
2022
Current assets
Cjsh al bank in hand
28.199
32.221
r•drtors: amounts falling due
wlthln one year
{800}
(20.0001
N•t currnnt as￿19
25,S99
12,221
Net assets
25,599
12,221
Capital And ￿s•￿e8
Profit and loss account
25.599
12.221
Shareholdern, funds
25,599
12.221
The dire(aots arn satisfied Ih81 the company is entrtled lo exemi*ion from the requirement 10 obtain
an audit under section 477 of Ihe Companies A(J 20C
The members have not feoulred Ihe company to ofAain an awjil in S￿onI8nce wlh se(aion 478 of
the Aci.
The directors acknovAedge Iheir resrrf)nsitrflilias lor Com￿Yon9 with the requirements of the
Companies Ad 2006 wth respect lo accounling recoftjs and the preparalion of 8ccounls.
The accounts have been prepared aThJ delivered in a¢cordance with the special provisions
applicable to companies subjecl lo the small c()mpanies regime. The profil and loss account has
nol b••n d4liv•rAd to tho Rggislr*r ol Compani•5.
Direclor
Approved by the toord on O January 1900

MARYMASS FESTIVAL COMMIThEE
Notes to the Accounts
forthe year ended 31 May 2023
l Accounting policies
as15 of prewrnion
The accounts have been prepared under Ihe historie41 convention and in accofdance wllh
FRS 102, The Finaneièl Rewrting Standard applicable in the UK aThJ Republic of I￿land las
8PKAied lo small entities by seclion IA ol the slandardl.
Turnov•r
Turtsovei is measured ai thè lair value ol Ihe consKler*ion r￿l¥Od or receivable. nei of
discounts and value added taxes. Tumover Incl￿￿￿$ revenue ¢8med from the sale ol goods and
from Ihe rendering ol seThices. Tumover from Ihe sale ol goods is recognised when the
s*Jnificanl risks and rewalds ol ¢Y•yne(ship of the goods have transferred lo the buyei. Tumover
from Ihe rendering of services is fec¢)Jnised ty refe￿nce lo the stage of completion of the
contract. The staoe of com￿et10n of a conlratl is measured by comparing the costs incurred for
work pertomed io date 10 the toial e*im8ted costs.
In¥e5éimints
Invesimerkls in subsrd*arie3. as3oGialo¥ and Joint ventures are measured al ¢091 1•88 ony
accumulated impairmenl losses. Lisled Inveslments are measured it fair value. Unlisted
nvèstmenls are measured al fair value unless ihe value cannol be measufed reliably, in which
se Ihey are measure(t at cost less any 8ccumulaied impairment losses. Changes in f8ir valu?
afe Included in the Pfofil and loss account.
Debtors
Short lerm deLrtors are measured 81 transaction ￿lee Iwttlch is usually the Involce prlcel. less any
impaimienl losses lor bad arbj doubtlul detls. Loan5 and other financial assets are ini11811y
recognised at Iransaction price induding any transaction cosls and subsequently measured al
amortised cost delermined using the offect4vg inlerest method, less any impaimienl losses for
bad and doubtlul debls.
Credltws
Short ierm Cfedilors are messured ol Iransaclion ￿ce {*knich is u5u4lly Ihè Invoice prfce). Loans
8nd olhor financial li0￿.1111•S 4r8 initially recogni58d al t14ns4clion pnc8 nol 01 any Ifansgclion
C051s and sut6equenlly measured ai amortised cost determined u&no Ihe efleclive Interest
method.
Taxation
A current lax liability is rewnised for the lax payable on the tax4ble profrt of the current and pasl
riods. A curTent lax assel is recooni5ed In ol a tax 105s that ¢8n be carried back lo
recover lax paid in a rKevious perirAJ. Deferred lax is recwnised in fespecl of all liming
diffe￿nceS belween the recognition of Income and expenses In the finanual slalemenls and their
Inclusion in tax 8sse5smenls. Unffjlieved lax losses and olher deferred lax 855ets are feo)gnised
only lo Ihe extent that rt ts probaLle th81 Ihey ￿11 be reCoVe￿d against the revefsal of delerred
lax liabilities or other lulure taxable profits. Oelerred tax is measured usirwJ the tax rates and laws
Ih8t have been en8cled or substantively enacted by the ￿porting dale and that are expeded to
aP[￿Y lo the fOV8rsal of tho liming dilfer8nrs. 8xC•￿ foi r9vg1ii￿ land 8nd inv8stmanl prop8rly
wh*fe Ihe tay fate thal aptyie5 to the sele of the asset is used. Currenl defvred tax a55etS
arbd liabilitie5 are not discounted_
Provisions

MARYMASS FESTIVAL COMMITTEE
Notes to the Accounts
for tho year ended 31 May 2023
Provi6ions li• liab'litiw of unc•rt4in timiThJ or amount) are reC￿n￿Sod vknen th8re is an oblwtion
8t Ihe ièporting datè as 8 result of 8 past evenl il is ptobable thal eeA)nomic beftèfrt will be
Iransferre¢J lo seltle Ihe oblvJation a￿1 the amounl of the obligalion can be estimated reliably
P•nslons
Conlribulions lo defined contribution Flans are expensed in the to which Ihey relate.
2 Employees
2023
Nurn￿r
2022
Number
Average number of persons employed ty th8 0)mpany
3 Cr•ditors'. amount• lalling d4M wiihln on• y•ar
2023
2022
Olher credit(Ns
20.000
4 Ot￿r Infofmatlon
MARYMASS FESTIVAL COMPIITTEE is a privatè company limrted by shares and incorpoTaied
n England. Its regislere(l office is..

MARYMASS FESTtVAL COMMITTEE
Detailed profit and loss account
forthe year ended 31 May 2023
Tris sch8duJg d06s not lom? part ofttre slalth acu>urts
20ZJ
2022
Incom•
72,195
Festival costs
154,312)
Festival surplu•
17,883
Admlni*rative expenses
4.505
Sufplui
13,378
Surplus ￿tor• lax
13.378

MARYMASS FESTIVAL COMMITTEE
Detailed profft and loss a¢¢ount
forthe year ended 31 May 2023
This sGheduts does not fomi pat oflhe st*￿(vy accourts
2023
2022
Income
Donations
Council grants
3.195
89.000
72.195
F•stival costs
Purchases
54,312
Administrative expenses
General adminislr8tive expen5es=
Insurance
1,885
1.685
L•gal gnd prof•Gsion#l eosls..
Accounlancy fees
Adverfi5ing and PR
1.320
1,500
2.820
58,817
Surplus for y•af
13,378