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REGISTERED NUMBER: 07580259 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Ascent Events Limited

Ascent Events Limited (Registered number: 07580259)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ascent Events Limited

Company Information
for the Year Ended 31 March 2022







DIRECTOR: Mr G Whiffen





REGISTERED OFFICE: Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 07580259 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Ascent Events Limited (Registered number: 07580259)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,887 1,369

CURRENT ASSETS
Debtors 5 25,617 16,686
Cash at bank 9,243 14,794
34,860 31,480
CREDITORS
Amounts falling due within one year 6 20,176 32,749
NET CURRENT ASSETS/(LIABILITIES) 14,684 (1,269 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,571

100

CREDITORS
Amounts falling due after more than
one year

7

8,197

-
NET ASSETS 8,374 100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,274 -
8,374 100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

Ascent Events Limited (Registered number: 07580259)

Balance Sheet - continued
31 March 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 9 September 2022 and were signed by:





Mr G Whiffen - Director


Ascent Events Limited (Registered number: 07580259)

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

1. STATUTORY INFORMATION

Ascent Events 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

Ascent Events Limited (Registered number: 07580259)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2021 715 3,575 4,290
Additions - 974 974
At 31 March 2022 715 4,549 5,264
DEPRECIATION
At 1 April 2021 290 2,631 2,921
Charge for year 107 349 456
At 31 March 2022 397 2,980 3,377
NET BOOK VALUE
At 31 March 2022 318 1,569 1,887
At 31 March 2021 425 944 1,369

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 24,122 13,333
Other debtors 1,495 3,353
25,617 16,686

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 1,803 10,000
Trade creditors 173 24
Taxation and social security 13,068 5,544
Other creditors 5,132 17,181
20,176 32,749

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans 8,197 -