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REGISTERED NUMBER: 02425536 (England and Wales)















Financial Statements for the Year Ended 31 August 2018

for

Exhibitionworks Limited

Exhibitionworks Limited (Registered number: 02425536)






Contents of the Financial Statements
for the Year Ended 31 August 2018




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Exhibitionworks Limited

Company Information
for the Year Ended 31 August 2018







DIRECTOR: M Thomason



SECRETARY: Carrington-may Limited



REGISTERED OFFICE: 31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW



REGISTERED NUMBER: 02425536 (England and Wales)



ACCOUNTANT: Carrington-May
Chartered Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW



SOLICITORS: Denny & Co.
17 Church Street
Moulton
Northampton
NN3 1SP

Exhibitionworks Limited (Registered number: 02425536)

Abridged Statement of Financial Position
31 August 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,078 15,673

CURRENT ASSETS
Stocks 8,834 5,289
Debtors 78,582 38,829
Cash at bank and in hand 126,772 114,907
214,188 159,025
CREDITORS
Amounts falling due within one year 122,362 65,478
NET CURRENT ASSETS 91,826 93,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

127,904

109,220

PROVISIONS FOR LIABILITIES 6,855 2,735
NET ASSETS 121,049 106,485

CAPITAL AND RESERVES
Called up share capital 56 56
Capital redemption reserve (70,301 ) (70,301 )
Retained earnings 191,294 176,730
SHAREHOLDERS' FUNDS 121,049 106,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

Exhibitionworks Limited (Registered number: 02425536)

Abridged Statement of Financial Position - continued
31 August 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 August 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 9 October 2018 and were signed by:





M Thomason - Director


Exhibitionworks Limited (Registered number: 02425536)

Notes to the Financial Statements
for the Year Ended 31 August 2018

1. STATUTORY INFORMATION

Exhibitionworks Limited is a private company, limited by shares , registered in England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

Exhibitionworks Limited (Registered number: 02425536)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2018

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

Going concern
The director has reviewed the budgets and cash flows for the forthcoming year. The director anticipates that the
level of profitability is sustainable for the forthcoming year based upon the current budgeted work load and the
existing company structure.The company continues to meet all of its liabilities as they fall due and cash flow is
considered as sustainable .The director therefore adopts, the basis that the going concern basis of preparation is
appropriate.




3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2017 186,326
Additions 34,560
Disposals (56,701 )
At 31 August 2018 164,185
DEPRECIATION
At 1 September 2017 170,653
Charge for year 14,153
Eliminated on disposal (56,699 )
At 31 August 2018 128,107
NET BOOK VALUE
At 31 August 2018 36,078
At 31 August 2017 15,673

Exhibitionworks Limited (Registered number: 02425536)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2018

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 28,000
At 31 August 2018 28,000
DEPRECIATION
Charge for year 5,250
At 31 August 2018 5,250
NET BOOK VALUE
At 31 August 2018 22,750

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director M J Thomason was owed by the company £5,772, (2017 - £1,491.This sum
represents mileage owed and outstanding dividend for the year.Interest has not been paid or accrued on the sum
outstanding. £5,772 was the maximum amount outstanding during the year.

6. RELATED PARTY DISCLOSURES

During the year the company has paid rent totalling £23,167 (2017- £20,500) to the Exhibitionworks Retirement
& Death Benefit Scheme which is a SSAS. The SSAS owns the properties from which the company carries out
its' business activities. The company directors are trustees and members of the scheme. There were not any
amounts owed to the SSAS at the year end.