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REGISTERED NUMBER: 11163330 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

OLYMPUS EVENTS UK LTD

OLYMPUS EVENTS UK LTD (REGISTERED NUMBER: 11163330)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OLYMPUS EVENTS UK LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: Mrs K L Dempsey





SECRETARY: Mrs K L Dempsey





REGISTERED OFFICE: 71-75 Shelton Street Covent Garden
LONDON
WC2H 9JQ





REGISTERED NUMBER: 11163330 (England and Wales)





ACCOUNTANTS: Rigel Wolf Ltd
Orion House
28A Spital Terrace
GAINSBOROUGH
Lincolnshire
DN21 2HQ

OLYMPUS EVENTS UK LTD (REGISTERED NUMBER: 11163330)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 693 844

CURRENT ASSETS
Debtors 5 2,039 2,809
Cash at bank 1,898 220
3,937 3,029
CREDITORS
Amounts falling due within one year 6 4,432 2,520
NET CURRENT (LIABILITIES)/ASSETS (495 ) 509
TOTAL ASSETS LESS CURRENT
LIABILITIES

198

1,353

PROVISIONS FOR LIABILITIES 7 132 160
NET ASSETS 66 1,193

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 65 1,192
SHAREHOLDERS' FUNDS 66 1,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 23 October 2023 and were signed by:




Mrs K L Dempsey - Director


OLYMPUS EVENTS UK LTD (REGISTERED NUMBER: 11163330)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Olympus Events UK Ltd 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 - 15% on reducing balance
Computer equipment - 25% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

OLYMPUS EVENTS UK LTD (REGISTERED NUMBER: 11163330)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 699 446 1,145
DEPRECIATION
At 1 February 2022 105 196 301
Charge for year 89 62 151
At 31 January 2023 194 258 452
NET BOOK VALUE
At 31 January 2023 505 188 693
At 31 January 2022 594 250 844

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Tax 2,039 2,039
Prepayments and accrued income - 770
2,039 2,809

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Tax 69 -
Directors' current accounts 3,733 1,922
Accruals and deferred income 630 598
4,432 2,520

7. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 132 160

Deferred
tax
£   
Balance at 1 February 2022 160
Accelerated capital allowances (28 )
Balance at 31 January 2023 132

OLYMPUS EVENTS UK LTD (REGISTERED NUMBER: 11163330)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 February 2022 1,192
Deficit for the year (377 )
Dividends (750 )
At 31 January 2023 65

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director, Mrs K L Dempsey, charged the company £312 (2022 - £312) for use of home as office.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £750 (2022 - £2,000) were paid to the director .

At 31 January 2023 there was a balance owed by the company to Mrs K L Dempsey - the sole director and shareholder - of £3,733 (2022 - £1,922). This balance has been shown in Creditors.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs K L Dempsey.