Registered number SC451330 MARYMASS FESTIVAL cOMMIEE Report and Accounts 31 May 2024
MARYMASS FESTIVAL COMMirrEE Reglstered numb•r. SC451330 Directors. R•port The dire¢tor6 prfrsoni tth"r rgFrf actounl$ f the yew 31 May 2024 Prbnclpal actlvltles The •s princw &tiwity dwing th8 conlinth8d to bo ... Dir•ctOfS The following p8rsons sorve(l as direa¢ys duriw y Small company provlslt)n8 This report h8$ been wepared In aCCdare wth the pfovisins In Part 15 of tha Compansgs Act applicabl8 to cL¥ryJani•8 subjocl to t Sm1 compan1 rng11M. Tlus r•wt w¥• apprc¥•d by the tyJd on 28 F8txuary 2025 aTrJ its trhgY. 0110¢¢
MARYMASS FESTIVAL COMMITfEE Profft and Loss Account for tho yoar ¢ndod 31 May 2024 2024 2023 10,039 3,1 COST crf sales 144.476 154.3121 Gr• lo•# 134.4371 151.1171 AdminislratlV8 exerS Other owroling incc 13,2081 14,5051 69.C Op•r•tlng Ilo••Vprollt 17,6451 13,378 ILo••Vprofit b•for• taxation 17.6451 13,378 Tax on Ilossypfofrt ILossVprofit for the flnanclal ye
MARYMASS FESTIVAL COMMITfEE fteglstered number. SC451330 Balance Sh••t as at 31 May 2024 Not 2024 2023 Current ais•t8 Cash 8t bank and In hand 19.154 26,199 Crvdltorn: amounts falllng du• wlthln one yeaT 11.20JI 160)) N•t ¢urr•nt 17.954 25.599 17,&54 26.599 Caplt•l and rnMr40s Profit 4nd loss accouni 17.954 25.599 17,954 25.599 Th• dir•ctcrf¥ ar• satisfwd Ihat is •ntrtl•d to •X•mp.l)n frcm f•Wif•mont to thin an au¢Jil under sec11 477 of th& CcMxpans 2CK6. The membvrn have r•wir•d to Cthin •Ait in •CcOrrK• with section 476 of Ihe kt Th8 diréctors tlf rnSPN)$ibilitS for cyjrolying th• roquirwn¥ni$ of the C)xp•ni•$ Ad 2C(e rts$F* to XC4X¥lling r•cora8 pr•pwation of accA)unts. The accounts h8V8 proparod aTrd deliv8fed in accKKdance wilh the sp8cial provisions applicable lo companies subi•cl lo small CLYnp1•8 r8gim• Th• profil and lo$$ a¢¢ount has not J)een delivered lo the Rw$trw ol Comparnes Director Approv• by the on 28 Februwy 2025
MARYMASS FESTIVAL COMMIThEE Notes to the Accounts for the year 8nded 31 May 2024 1 Accountlng pollcl•8 Ba51s ofprepaRtion 4ttounls hov• b¢8n wopw•d t¢ historical cost C4xintio tsp.d in ax¢rdonc4 With FRS 102, The FInarla1 ReportiThJ StarHlwd applicable In the UK and Republic of Ireland las apty1 to smaii enliti6s tsy IA of the standwdl Tumov•r Turnovor Is measured at the lair value ol the consideralion r1ve receivabl8, nel of discounts value added taxes Tumover Indud8$ revenu8 &¥n8d from the sal8 of gooas and from the rendering of services TJrnover frorn the sale ol goods Is reeognssed whèn thè signrficanl risk5 ar%1 rawafds ol vwntsyship ol tha goods have translerr8d lo th8 buyw TurrKJver from th8 fenderiro of s•rvirg$ 1$ racognis•d by rgfèrtr lo thè staJ• complet of th8 contract Tha slag• of Crnpl&tiOD of a ¢ontrad Is measured by wmpanng Ihe cosis Incurred for work perfomed 10 date to tha total estimated coniract cosls Debto Shon ierm deOr5 are measured transactIc prKe iy u5ualty the invoice pnc81, 1899 any impairment losses for bad and l1Ul debls Loans and other financial assets are Initially recognised at transaction wice IludIrd Ifansaction cosls subsequently m&8swed al arnortised cost d8termin8d using the effective Inierest methDJ, less any irnpairment losses lor bad and doubrful debts. Cyvdrft Short 18rrn crfjdltors tz• mgawr•d 8t transactw Iwich 1$ uwglly tho Invol prul Loans and other financial Iiabililies are Inilially rettgnised at trwsaaim price net ol any Iransaetion costs and subsequently masw•d at amortised cost det•mm•d usirwJ th• •ff•ctiv• Interest mèthod T•xgtlon A current lax liability is recognisod thè tax Pay10 on taxa• profil of th• ojrrent aThJ past poriods A oJrr8nl 18x a••èt is r•cowisd in r•sp•ct of a lax loss thal can ba eorri•d bock lo recover ta¥ paid In a prev)US Deferred tax Is reeogn15ed In resped of all timirnJ differences befften the recogp.ition of COlre and eypenses m tlje Iinano81 statements and their inGlusion tax ASS8ssm8nls Unralièv8d lax loss¢$ and other d•l8frèd 18X •SSèt5 ar9 rè¢ognisod only to t emlenl Ihai il 1$ probaNe thal Ihoy wll bg r8cov8rod aga6t tho f8vw6al of deferi8d tax liabilities or other future taxable profils. Deferred lax is measured usiThJ the tax rates and laws that have be8n en3cted ry 5ub5tantively enaded by the fetx)rting date and that are expeded to apply lo I reversal of the timing difference. except for re¥alu8d land and lnvestrrnt property where the tax rale thai applies lo Ihe sal8 of lh& asset Is uwj. Curferrt ¢Ie(rad tax assets and liabilities aro not di$Unted Proviswns Provisions lie liabilrties of u[ertain liming anK)untl a recowised when the Is an oblig3li(y) al the reporting dale as e fesull of a p8st ev1. it is that econom b&n8fil wll bé Iransfgfred to settle the obligalion the amwni of Ihg cJligation can bo esiimaied reliably.
MARYMASS FESTIVAL COMMITTEE Notes to the Accounts for tho y•ar ondod 31 May 2024 Pvnsions Contributions lo def*ngd contribuliffl plans are in the rXI lo vthich they Tglate 2 Employm• 2024 2023 3 Credltorn: amounts f•lllng du• ¥Athln on• y••r 2024 2023 Oth&r cr8ditc 1.200 4 Qth•r Infgrnmtion YMASS FESTIVAL cOhlEE ig a prtvate cIryY linited by shorej incorporated in EnglaTrJ. Its r8gi$tergd offic• 1$.
MARYMASS FESTIVAL COMMITTEE Detailed profit and loss account for th• year endèd 31 May 2024 This schedule tsjes nc4 form part olthe Statu accounts 2024 2023 10,039 3,195 Cost of 1$ 144,4761 154,3121 Gr* loss 134,4371 151.1171 Administrative expen$e$ Other OForating Inccffi8 13,2Cel 14 5051 690 Op•ratlng Ilo••yprofit 17,645) 13,378 ILo$•Vprofit b•for• t•x 7,645 13.378
MARYMASS FESTIVAL COMMrrrEE Detailed profft and loss account for th• year •nd•d 31 May 2024 TIHS schedule does form part ofthp statukny Ktounts 2024 2023 Sales 10,039 3.195 Cosi of Mlo1 Purchases 44.476 54.312 Adnh¥tr•fl¥0 •xp•nM• G8n8ral admini*rative exp$8$.. Insurance 2,176 2,176 1.685 Lg981 and profes8ional eost•. AccoUntaY lees Advertising ond PR 432 4.505 Oth•r op•r•dng Incom• Other OP8fating Inwme 69,CDJ