IRIS Accounts Production v23.1.0.753 03120185 director 1.1.22 31.12.22 31.12.22 false true false false true false Ordinary 1.00000 'B' Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure031201852021-12-31031201852022-12-31031201852022-01-012022-12-31031201852020-12-31031201852021-01-012021-12-31031201852021-12-3103120185ns16:EnglandWales2022-01-012022-12-3103120185ns15:PoundSterling2022-01-012022-12-3103120185ns11:Director12022-01-012022-12-3103120185ns11:PrivateLimitedCompanyLtd2022-01-012022-12-3103120185ns11:SmallEntities2022-01-012022-12-3103120185ns11:AuditExempt-NoAccountantsReport2022-01-012022-12-3103120185ns11:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3103120185ns11:SmallCompaniesRegimeForAccounts2022-01-012022-12-3103120185ns11:FullAccounts2022-01-012022-12-3103120185ns11:OrdinaryShareClass12022-01-012022-12-3103120185ns11:OrdinaryShareClass22022-01-012022-12-3103120185ns11:CompanySecretary12022-01-012022-12-3103120185ns11:RegisteredOffice2022-01-012022-12-3103120185ns6:CurrentFinancialInstruments2022-12-3103120185ns6:CurrentFinancialInstruments2021-12-3103120185ns6:Non-currentFinancialInstruments2022-12-3103120185ns6:Non-currentFinancialInstruments2021-12-3103120185ns6:ShareCapital2022-12-3103120185ns6:ShareCapital2021-12-3103120185ns6:SharePremium2022-12-3103120185ns6:SharePremium2021-12-3103120185ns6:RetainedEarningsAccumulatedLosses2022-12-3103120185ns6:RetainedEarningsAccumulatedLosses2021-12-3103120185ns6:LeaseholdImprovements2022-01-012022-12-3103120185ns6:PlantMachinery2022-01-012022-12-3103120185ns6:FurnitureFittings2022-01-012022-12-3103120185ns6:MotorVehicles2022-01-012022-12-3103120185ns6:ComputerEquipment2022-01-012022-12-3103120185ns6:LeaseholdImprovements2021-12-3103120185ns6:PlantMachinery2021-12-3103120185ns6:FurnitureFittings2021-12-3103120185ns6:LeaseholdImprovements2022-12-3103120185ns6:PlantMachinery2022-12-3103120185ns6:FurnitureFittings2022-12-3103120185ns6:LeaseholdImprovements2021-12-3103120185ns6:PlantMachinery2021-12-3103120185ns6:FurnitureFittings2021-12-3103120185ns6:MotorVehicles2021-12-3103120185ns6:ComputerEquipment2021-12-3103120185ns6:MotorVehicles2022-12-3103120185ns6:ComputerEquipment2022-12-3103120185ns6:MotorVehicles2021-12-3103120185ns6:ComputerEquipment2021-12-3103120185ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-12-3103120185ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-01-012022-12-3103120185ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-12-3103120185ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-12-3103120185ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-3103120185ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3103120185ns6:Secured2022-12-3103120185ns6:Secured2021-12-3103120185ns6:DeferredTaxation2021-12-3103120185ns6:DeferredTaxation2022-12-3103120185ns11:OrdinaryShareClass12022-12-3103120185ns11:OrdinaryShareClass22022-12-31
REGISTERED NUMBER: 03120185 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 December 2022

for

Alresford Marquee Hire Limited

Alresford Marquee Hire Limited (Registered number: 03120185)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alresford Marquee Hire Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: O S Charrington





SECRETARY: Mrs L Charrington





REGISTERED OFFICE: Bank Chambers
Brook Street
Bishops Waltham
Hampshire
SO32 1AX





REGISTERED NUMBER: 03120185 (England and Wales)





ACCOUNTANTS: Behegan Lynes
Accountancy & Taxation Advisers
Bank Chambers
Brook Street
Bishops Waltham
Hampshire
SO32 1AX

Alresford Marquee Hire Limited (Registered number: 03120185)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 202,311 170,731

CURRENT ASSETS
Stocks 5,000 8,000
Debtors 5 54,724 42,184
Cash at bank 331,502 361,897
391,226 412,081
CREDITORS
Amounts falling due within one year 6 105,634 190,906
NET CURRENT ASSETS 285,592 221,175
TOTAL ASSETS LESS CURRENT
LIABILITIES

487,903

391,906

CREDITORS
Amounts falling due after more than one
year

7

(30,677

)

(49,278

)

PROVISIONS FOR LIABILITIES 9 (30,148 ) (24,399 )
NET ASSETS 427,078 318,229

CAPITAL AND RESERVES
Called up share capital 10 130 130
Share premium 28,230 28,230
Retained earnings 398,718 289,869
SHAREHOLDERS' FUNDS 427,078 318,229

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

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

Alresford Marquee Hire Limited (Registered number: 03120185)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





O S Charrington - Director


Alresford Marquee Hire Limited (Registered number: 03120185)

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

1. STATUTORY INFORMATION

Alresford Marquee Hire 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 represents net invoiced sales and hire of marquee and associated equipment, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 5% on cost
Marquees & equipment - 20% on reducing balance
Computer & office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Fixtures & fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debtors
Short term debtors are measured at transaction price, less any impairment.

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.

Creditors
Short term creditors are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Alresford Marquee Hire Limited (Registered number: 03120185)

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

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Employee benefits
Short term employee benefits, including holiday pay and other similar non monetary benefits, are recognised as an expense in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2021 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements Computer
to Marquees & office
property & equipment equipment
£    £    £   
COST
At 1 January 2022 5,940 353,970 7,194
Additions - 69,150 1,250
Disposals - (62,264 ) -
At 31 December 2022 5,940 360,856 8,444
DEPRECIATION
At 1 January 2022 5,315 221,028 3,929
Charge for year 297 39,256 876
Eliminated on disposal - (56,453 ) -
At 31 December 2022 5,612 203,831 4,805
NET BOOK VALUE
At 31 December 2022 328 157,025 3,639
At 31 December 2021 625 132,942 3,265

Alresford Marquee Hire Limited (Registered number: 03120185)

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

4. TANGIBLE FIXED ASSETS - continued

Motor Fixtures
vehicles & fittings Totals
£    £    £   
COST
At 1 January 2022 126,727 3,409 497,240
Additions 21,033 96 91,529
Disposals - - (62,264 )
At 31 December 2022 147,760 3,505 526,505
DEPRECIATION
At 1 January 2022 93,214 3,023 326,509
Charge for year 13,636 73 54,138
Eliminated on disposal - - (56,453 )
At 31 December 2022 106,850 3,096 324,194
NET BOOK VALUE
At 31 December 2022 40,910 409 202,311
At 31 December 2021 33,513 386 170,731

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2022
and 31 December 2022 47,345
DEPRECIATION
At 1 January 2022 27,371
Charge for year 4,993
At 31 December 2022 32,364
NET BOOK VALUE
At 31 December 2022 14,981
At 31 December 2021 19,974

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 42,060 33,243
Amounts owed by group undertakings 326 -
Other debtors 12,338 8,941
54,724 42,184

Alresford Marquee Hire Limited (Registered number: 03120185)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 10,660 9,574
Hire purchase contracts 7,938 10,027
Trade creditors 5,609 4,667
Amounts owed to group undertakings - 42
Taxation and social security 53,036 66,717
Other creditors 28,391 99,879
105,634 190,906

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans 26,629 37,291
Hire purchase contracts 4,048 11,987
30,677 49,278

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.22 31.12.21
£    £   
Bank loans 37,289 46,865
Hire purchase contracts 11,986 22,014
49,275 68,879

The liabilities to the hire purchase financier's are secured over the assets acquired. The bank loan is secured by the UK Government under the bounce back loan scheme. National Westminster Bank PLC have a fixed and floating charge over all the property of the company for the overdraft facility.

9. PROVISIONS FOR LIABILITIES
31.12.22 31.12.21
£    £   
Deferred taxation 30,148 24,399

Deferred
tax
£   
Balance at 1 January 2022 24,399
Movement on accelerated
capital allowances 5,749
Balance at 31 December 2022 30,148

Alresford Marquee Hire Limited (Registered number: 03120185)

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
120 Ordinary £1 120 120
10 'B' Ordinary £1 10 10
130 130