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REGISTERED NUMBER: 07932194 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SLICK EVENTS LIMITED

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLICK EVENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mr D Williams
Mrs T J Williams





REGISTERED OFFICE: 57a Clingan Road
Bournemouth
Dorset
BH6 5QA





REGISTERED NUMBER: 07932194 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,146 42,178

CURRENT ASSETS
Debtors 5 100,670 33,039
Cash at bank 35,628 69,368
136,298 102,407
CREDITORS
Amounts falling due within one year 6 35,792 38,454
NET CURRENT ASSETS 100,506 63,953
TOTAL ASSETS LESS CURRENT
LIABILITIES

149,652

106,131

PROVISIONS FOR LIABILITIES 12,287 8,014
NET ASSETS 137,365 98,117

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 137,363 98,115
SHAREHOLDERS' FUNDS 137,365 98,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 Board of Directors and authorised for issue on 13 April 2023 and were signed on its behalf by:





Mr D Williams - Director


SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Slick 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 represents services provided during the period, 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 53,849 34,728 580 89,157
Additions 8,725 16,500 - 25,225
At 28 February 2023 62,574 51,228 580 114,382
DEPRECIATION
At 1 March 2022 28,491 17,908 580 46,979
Charge for year 9,926 8,331 - 18,257
At 28 February 2023 38,417 26,239 580 65,236
NET BOOK VALUE
At 28 February 2023 24,157 24,989 - 49,146
At 28 February 2022 25,358 16,820 - 42,178

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,670 25,774
Amounts recoverable on contract - 6,555
Other debtors 95,000 710
100,670 33,039

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 19,986 26,155
Other creditors 15,806 12,299
35,792 38,454

7. RELATED PARTY DISCLOSURES

At the balance sheet date the company had received loans from the directors of £7,685 (2022 - £424) which are included in creditors falling due within one year. This balance is interest free and repayable on demand.