Caseware UK (AP4) 2021.0.152 2021.0.152 2022-05-312022-05-31false2021-06-01Hospitality services22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05452000 2021-06-01 2022-05-31 05452000 2020-06-01 2021-05-31 05452000 2022-05-31 05452000 2021-05-31 05452000 c:Director1 2021-06-01 2022-05-31 05452000 d:ComputerEquipment 2021-06-01 2022-05-31 05452000 d:ComputerEquipment 2022-05-31 05452000 d:ComputerEquipment 2021-05-31 05452000 d:ComputerEquipment d:OwnedOrFreeholdAssets 2021-06-01 2022-05-31 05452000 d:FreeholdInvestmentProperty 2022-05-31 05452000 d:FreeholdInvestmentProperty 2021-05-31 05452000 d:CurrentFinancialInstruments 2022-05-31 05452000 d:CurrentFinancialInstruments 2021-05-31 05452000 d:Non-currentFinancialInstruments 2022-05-31 05452000 d:Non-currentFinancialInstruments 2021-05-31 05452000 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 05452000 d:CurrentFinancialInstruments d:WithinOneYear 2021-05-31 05452000 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 05452000 d:Non-currentFinancialInstruments d:AfterOneYear 2021-05-31 05452000 d:ShareCapital 2022-05-31 05452000 d:ShareCapital 2021-05-31 05452000 d:RetainedEarningsAccumulatedLosses 2022-05-31 05452000 d:RetainedEarningsAccumulatedLosses 2021-05-31 05452000 c:OrdinaryShareClass1 2021-06-01 2022-05-31 05452000 c:OrdinaryShareClass1 2022-05-31 05452000 c:OrdinaryShareClass1 2021-05-31 05452000 c:OrdinaryShareClass2 2021-06-01 2022-05-31 05452000 c:OrdinaryShareClass2 2022-05-31 05452000 c:OrdinaryShareClass2 2021-05-31 05452000 c:FRS102 2021-06-01 2022-05-31 05452000 c:AuditExempt-NoAccountantsReport 2021-06-01 2022-05-31 05452000 c:FullAccounts 2021-06-01 2022-05-31 05452000 c:PrivateLimitedCompanyLtd 2021-06-01 2022-05-31 05452000 2 2021-06-01 2022-05-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 05452000









CENTAURUS EVENTS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

 
CENTAURUS EVENTS LIMITED
REGISTERED NUMBER: 05452000

BALANCE SHEET
AS AT 31 MAY 2022

2022
2021
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
180
240

Investment property
 5 
367,722
367,722

  
367,902
367,962

CURRENT ASSETS
  

Cash at bank and in hand
  
86,058
76,574

  
86,058
76,574

Creditors: amounts falling due within one year
 6 
(65,619)
(64,124)

NET CURRENT ASSETS
  
 
 
20,439
 
 
12,450

TOTAL ASSETS LESS CURRENT LIABILITIES
  
388,341
380,412

Creditors: amounts falling due after more than one year
 7 
(145,157)
(138,742)

  

NET ASSETS
  
243,184
241,670


CAPITAL AND RESERVES
  

Called up share capital 
 8 
2
2

Profit and loss account
  
243,182
241,668

  
243,184
241,670


Page 1

 
CENTAURUS EVENTS LIMITED
REGISTERED NUMBER: 05452000
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2022

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






Mr N Brown
Director

Date: 22 August 2022

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CENTAURUS EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

1.


GENERAL INFORMATION

The Company is limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The presentational and functional currency of the Company was GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover represents gross invoiced sales of corporate hospitality services.

 
2.3

GOVERNMENT GRANTS

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.4

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
CENTAURUS EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

2.ACCOUNTING POLICIES (CONTINUED)


2.6
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

INVESTMENT PROPERTY

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Statement of Income and Retained Earnings.

 
2.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 4

 
CENTAURUS EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

4.


TANGIBLE FIXED ASSETS





Computer equipment

£



COST OR VALUATION


At 1 June 2021
3,410



At 31 May 2022

3,410



DEPRECIATION


At 1 June 2021
3,170


Charge for the year on owned assets
60



At 31 May 2022

3,230



NET BOOK VALUE



At 31 May 2022
180



At 31 May 2021
240


5.


INVESTMENT PROPERTY


Freehold investment property

£



VALUATION


At 1 June 2021
367,722



AT 31 MAY 2022
367,722

The 2022 valuations were made by the directors, on an open market value for existing use basis.






Page 5

 
CENTAURUS EVENTS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2022

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022
2021
£
£

Corporation tax
1,307
4,440

Other taxation and social security
-
150

Other creditors
57,500
57,890

Accruals and deferred income
6,812
1,644

65,619
64,124



7.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022
2021
£
£

Other creditors
145,157
138,742

145,157
138,742



8.


SHARE CAPITAL

2022
2021
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2021 - 1) Ordinary share of £1.00
1
1
1 (2021 - 1) Ordinary A share of £1.00
1
1

2

2


 
Page 6