Registered number: SC451330
MARYMASS FESTIVAL COMMITTEE DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
11C Gatehead Road Crosshouse Kilmarnock KA2 0HN
Marymass Festival Committee Contents
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Income Statement | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income Statement | 7 |
Marymass Festival Committee Company Information For The Year Ended 31 May 2025
| Directors | Andrew Tremble |
|---|---|
| Daniel Kerr | |
| John Murdoch | |
| Susan Wilson | |
| Company Number | SC451330 |
| Registered Office | 11C Gatehead Road |
| Crosshouse | |
| Kilmarnock | |
| KA2 0HN | |
| Accountants | Nisbet Accountancy Services |
| Accountants & Business Advisors | |
| 11C Gatehead Road | |
| Crosshouse | |
| Kilmarnock | |
| KA2 0HN |
Page 1
Marymass Festival Committee Company No. SC451330 Directors' Report For The Year Ended 31 May 2025
The directors present their report and the financial statements for the year ended 31 May 2025.
Directors
The directors who held office during the year were as follows:
Andrew Tremble Daniel Kerr John Murdoch Susan Wilson
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Andrew Tremble
Director 25th February 2026
Page 2
Marymass Festival Committee Accountant's Report For The Year Ended 31 May 2025
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the statement of financial position as at year ended 31 May 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
25th February 2026
Nisbet Accountancy Services Accountants & Business Advisors 11C Gatehead Road Crosshouse Kilmarnock KA2 0HN
Page 3
Marymass Festival Committee Income Statement For The Year Ended 31 May 2025
| Notes TURNOVER Cost of sales GROSS DEFICIT Administrative expenses Other operating income OPERATING SURPLUS/(DEFICIT) AND SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR |
2025 £ 16,306 (51,199) (34,893) (404) 37,753 2,456 |
2024 £ 10,039 (44,476) |
|---|---|---|
| (34,437) (3,208) 30,000 |
||
| (7,645) |
The notes on page 6 form part of these financial statements.
Page 4
Marymass Festival Committee Statement of Financial Position As At 31 May 2025
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 4 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Income Statement MEMBERS' FUNDS |
2025 £ £ 21,610 21,610 (1,200) 20,410 20,410 20,410 20,410 20,410 |
2025 £ £ 21,610 21,610 (1,200) 20,410 20,410 20,410 20,410 20,410 |
2024 £ £ 19,154 19,154 (1,200) 17,954 17,954 17,954 17,954 17,954 |
2024 £ £ 19,154 19,154 (1,200) 17,954 17,954 17,954 17,954 17,954 |
|---|---|---|---|---|
| 21,610 (1,200) |
19,154 (1,200) |
|||
| 20,410 | 17,954 | |||
| 20,410 | 17,954 | |||
| 20,410 | 17,954 | |||
| 20,410 | 17,954 |
For the year ending 31 May 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Andrew Tremble Director 25th February 2026
The notes on page 6 form part of these financial statements.
Page 5
Marymass Festival Committee Notes to the Financial Statements For The Year Ended 31 May 2025
1. General Information
Marymass Festival Committee is a private company, limited by guarantee, incorporated in Scotland, registered number SC451330. The registered office is 11C Gatehead Road, Crosshouse, Kilmarnock, KA2 0HN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
4. Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other creditors | 1,200 | 1,200 |
5. 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.
Page 6
Marymass Festival Committee Detailed Income Statement For The Year Ended 31 May 2025
| TURNOVER Donations received COST OF SALES Direct costs GROSS DEFICIT Administrative Expenses Insurance Advertising and marketing costs Accountancy fees Other Operating Income Grants and subsidies received OPERATING SURPLUS/(DEFICIT) AND SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR |
2025 £ £ 16,306 51,199 (51,199) (34,893) 188 216 - (404) 37,753 37,753 2,456 |
2025 £ £ 16,306 51,199 (51,199) (34,893) 188 216 - (404) 37,753 37,753 2,456 |
2024 £ £ 10,039 44,476 (44,476) (34,437) 2,176 432 600 (3,208) 30,000 30,000 (7,645) |
2024 £ £ 10,039 44,476 (44,476) (34,437) 2,176 432 600 (3,208) 30,000 30,000 (7,645) |
|---|---|---|---|---|
| 188 216 - |
2,176 432 600 |
|||
| (34,893) (404) 37,753 |
(34,437) (3,208) 30,000 |
|||
| 37,753 | 30,000 | |||
| 2,456 | (7,645) |
Page 7