Company Registration No. 11737972 (England and Wales)
Event Dispense Services Limited
Unaudited accounts
for the year ended 31 December 2021
Event Dispense Services Limited
Unaudited accounts
Contents
Event Dispense Services Limited
Company Information
for the year ended 31 December 2021
Director
Simon Richard Bertho
Company Number
11737972 (England and Wales)
Registered Office
Quillets Barn
Kilhallon
Par
Cornwall
PL24 2RL
Accountants
Linggard and Thomas
Mor Workspace
Treloggan Lane
Newquay
Cornwall
TR7 2FP
Event Dispense Services Limited
Statement of financial position
as at 31 December 2021
Tangible assets
36,357
56,502
Cash at bank and in hand
136,446
66,044
Creditors: amounts falling due within one year
(59,258)
(21,164)
Net current assets
101,681
72,637
Total assets less current liabilities
138,038
129,139
Creditors: amounts falling due after more than one year
(41,209)
(50,000)
Provisions for liabilities
Called up share capital
41,601
41,601
Profit and loss account
53,265
37,538
Shareholders' funds
94,866
79,139
For the year ending 31 December 2021 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 September 2022 and were signed on its behalf by
Simon Richard Bertho
Director
Company Registration No. 11737972
Event Dispense Services Limited
Notes to the Accounts
for the year ended 31 December 2021
Event Dispense Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11737972. The registered office is Quillets Barn, Kilhallon, Par, Cornwall, PL24 2RL.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.3% straight line/ 20% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The accounts have been prepared on a going concern basis. As part of this assessment the Directors have reviewed the impact of the Covid-19 pandemic on the business. The pandemic has been widespread and profound but this is being effectively managed by the use of government support schemes such as the CJRS and BBLS as well as internal controls. Whilst recognising that there is a degree of uncertainty the Directors are satisfied that the going concern basis of preparation remains appropriate.
Event Dispense Services Limited
Notes to the Accounts
for the year ended 31 December 2021
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Tangible fixed assets
Plant & machinery
At 31 December 2021
80,940
Charge for the year
20,145
At 31 December 2021
44,583
At 31 December 2021
36,357
At 31 December 2020
56,502
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Debtors: amounts falling due within one year
2021
2020
Trade debtors
10,046
12,394
Accrued income and prepayments
2,200
2,189
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Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
5,550
-
Trade creditors
8,939
12,541
Taxes and social security
14,486
2,049
Proposed dividends
27,711
7,490
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Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
41,601 Ordinary shares of £1 each
41,601
41,601
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Average number of employees
During the year the average number of employees was 3 (2020: 3).