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Registration number: 10253374

Mangold Events Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2022

 

Mangold Events Limited

Contents
for the Year Ended 31 March 2022

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Mangold Events Limited

Company Information
for the Year Ended 31 March 2022

Director

Mrs Katie Alison Mangold

Registered office

31d Armstrong Road
Englefield Green
Egham
Surrey
TW20 0RW

Registered number

10253374 ( England & Wales. )

Accountants

Windsor Accountancy Limited
Chartered Certified Accountants
St Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU

 

Mangold Events Limited

(Registration number: 10253374)
Balance Sheet as at 31 March 2022

Note

2022
£

2021
£

Fixed assets

 

Tangible assets

4

583

778

Current assets

 

Debtors

5

6,316

1,286

Cash at bank and in hand

 

14,052

711

 

20,368

1,997

Creditors: Amounts falling due within one year

6

(6,924)

(600)

Net current assets

 

13,444

1,397

Net assets

 

14,027

2,175

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

14,026

2,174

Shareholders' funds

 

14,027

2,175

For the financial year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 19 July 2022
 

.........................................
Mrs Katie Alison Mangold
Director

 

Mangold Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

1

General information

The company is a private company limited by share capital, incorporated in England & Wales..

The address of its registered office is:
31d Armstrong Road
Englefield Green
Egham
Surrey
TW20 0RW

These financial statements were authorised for issue by the director on 19 July 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Mangold Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

25% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

 

Mangold Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2021

1,621

1,621

At 31 March 2022

1,621

1,621

Depreciation

At 1 April 2021

843

843

Charge for the year

195

195

At 31 March 2022

1,038

1,038

Carrying amount

At 31 March 2022

583

583

At 31 March 2021

778

778

5

Debtors

2022
£

2021
£

Trade debtors

5,819

-

Other debtors

497

1,286

6,316

1,286

6

Creditors

Creditors: amounts falling due within one year

2022
£

2021
£

Due within one year

Taxation and social security

4,982

-

Accruals and deferred income

1,920

600

Other creditors

22

-

6,924

600

 

Mangold Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

7

Related party transactions

Transactions with the director

2022

At 1 April 2021
£

Advances to directors
£

Repayments by director
£

At 31 March 2022
£

Mrs Katie Alison Mangold

Amounts owed to director

-

19,108

(19,129)

(21)

         
       

 

2021

At 1 April 2020
£

Advances to directors
£

Repayments by director
£

Written off
£

At 31 March 2021
£

Mrs Katie Alison Mangold

Amounts owed to director

(85)

28,082

(27,998)

-

           
       

 

Other transactions with the director

At the year end the company owed the director in the form of an interest free loan with no fixed repayment date.