SUNDOWN FESTIVAL LIMITED

Company Registration Number:
06721466 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

SUNDOWN FESTIVAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

SUNDOWN FESTIVAL LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 3,066 6,149
Total fixed assets: 3,066 6,149
Current assets
Debtors: 4 1,310,277 572,281
Cash at bank and in hand: 329,140 119,849
Total current assets: 1,639,417 692,130
Creditors: amounts falling due within one year: 5 (609,911) (754,424)
Net current assets (liabilities): 1,029,506 (62,294)
Total assets less current liabilities: 1,032,572 (56,145)
Total net assets (liabilities): 1,032,572 (56,145)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,032,472 (56,245)
Shareholders funds: 1,032,572 (56,145)

The notes form part of these financial statements

SUNDOWN FESTIVAL LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 June 2022
and signed on behalf of the board by:

Name: Robert McElroy
Status: Director

The notes form part of these financial statements

SUNDOWN FESTIVAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUNDOWN FESTIVAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 0 0

SUNDOWN FESTIVAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 9,250
At 31 December 2021 9,250
Depreciation
At 01 January 2021 3,101
Charge for year 3,083
At 31 December 2021 6,184
Net book value
At 31 December 2021 3,066
At 31 December 2020 6,149

SUNDOWN FESTIVAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Debtors

2021 2020
££
Debtors due after more than one year: 0 0

SUNDOWN FESTIVAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Creditors: amounts falling due within one year note

31/12/2021 31/12/2020 £ £Trade creditors 1128 45750Corporation tax 254383 VAT Payable 130497Accruals and deferred income 354400 578177 609911 754424

SUNDOWN FESTIVAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Related party transactions

Name of the related party:
Relationship:
Shareholder
Description of the Transaction: Loan Advanced and Management Fee Paid
£
Balance at 01 January 2021 369,477
Balance at 31 December 2021 972,286