2022-08-012023-07-312023-07-31false12130937GUILD EVENTS LTD2023-10-31iso4217:GBPxbrli:pure121309372022-08-01121309372023-07-31121309372022-08-012023-07-31121309372021-08-01121309372022-07-31121309372021-08-012022-07-3112130937bus:SmallEntities2022-08-012023-07-3112130937bus:AuditExempt-NoAccountantsReport2022-08-012023-07-3112130937bus:FullAccounts2022-08-012023-07-3112130937bus:PrivateLimitedCompanyLtd2022-08-012023-07-3112130937core:WithinOneYear2023-07-3112130937core:AfterOneYear2023-07-3112130937core:WithinOneYear2022-07-3112130937core:AfterOneYear2022-07-3112130937core:ShareCapital2023-07-3112130937core:SharePremium2023-07-3112130937core:RevaluationReserve2023-07-3112130937core:OtherReservesSubtotal2023-07-3112130937core:RetainedEarningsAccumulatedLosses2023-07-3112130937core:ShareCapital2022-07-3112130937core:SharePremium2022-07-3112130937core:RevaluationReserve2022-07-3112130937core:OtherReservesSubtotal2022-07-3112130937core:RetainedEarningsAccumulatedLosses2022-07-3112130937core:LandBuildings2023-07-3112130937core:PlantMachinery2023-07-3112130937core:Vehicles2023-07-3112130937core:FurnitureFittings2023-07-3112130937core:OfficeEquipment2023-07-3112130937core:NetGoodwill2023-07-3112130937core:IntangibleAssetsOtherThanGoodwill2023-07-3112130937core:ListedExchangeTraded2023-07-3112130937core:UnlistedNon-exchangeTraded2023-07-3112130937core:LandBuildings2022-07-3112130937core:PlantMachinery2022-07-3112130937core:Vehicles2022-07-3112130937core:FurnitureFittings2022-07-3112130937core:OfficeEquipment2022-07-3112130937core:NetGoodwill2022-07-3112130937core:IntangibleAssetsOtherThanGoodwill2022-07-3112130937core:ListedExchangeTraded2022-07-3112130937core:UnlistedNon-exchangeTraded2022-07-3112130937core:LandBuildings2022-08-012023-07-3112130937core:PlantMachinery2022-08-012023-07-3112130937core:Vehicles2022-08-012023-07-3112130937core:FurnitureFittings2022-08-012023-07-3112130937core:OfficeEquipment2022-08-012023-07-3112130937core:NetGoodwill2022-08-012023-07-3112130937core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112130937core:ListedExchangeTraded2022-08-012023-07-3112130937core:UnlistedNon-exchangeTraded2022-08-012023-07-3112130937core:MoreThanFiveYears2022-08-012023-07-3112130937core:Non-currentFinancialInstruments2023-07-3112130937core:Non-currentFinancialInstruments2022-07-3112130937dpl:CostSales2022-08-012023-07-3112130937dpl:DistributionCosts2022-08-012023-07-3112130937core:LandBuildings2022-08-012023-07-3112130937core:PlantMachinery2022-08-012023-07-3112130937core:Vehicles2022-08-012023-07-3112130937core:FurnitureFittings2022-08-012023-07-3112130937core:OfficeEquipment2022-08-012023-07-3112130937dpl:AdministrativeExpenses2022-08-012023-07-3112130937core:NetGoodwill2022-08-012023-07-3112130937core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112130937dpl:GroupUndertakings2022-08-012023-07-3112130937dpl:ParticipatingInterests2022-08-012023-07-3112130937dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3112130937core:ListedExchangeTraded2022-08-012023-07-3112130937dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3112130937core:UnlistedNon-exchangeTraded2022-08-012023-07-3112130937dpl:CostSales2021-08-012022-07-3112130937dpl:DistributionCosts2021-08-012022-07-3112130937core:LandBuildings2021-08-012022-07-3112130937core:PlantMachinery2021-08-012022-07-3112130937core:Vehicles2021-08-012022-07-3112130937core:FurnitureFittings2021-08-012022-07-3112130937core:OfficeEquipment2021-08-012022-07-3112130937dpl:AdministrativeExpenses2021-08-012022-07-3112130937core:NetGoodwill2021-08-012022-07-3112130937core:IntangibleAssetsOtherThanGoodwill2021-08-012022-07-3112130937dpl:GroupUndertakings2021-08-012022-07-3112130937dpl:ParticipatingInterests2021-08-012022-07-3112130937dpl:GroupUndertakingscore:ListedExchangeTraded2021-08-012022-07-3112130937core:ListedExchangeTraded2021-08-012022-07-3112130937dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-08-012022-07-3112130937core:UnlistedNon-exchangeTraded2021-08-012022-07-3112130937core:NetGoodwill2023-07-3112130937core:IntangibleAssetsOtherThanGoodwill2023-07-3112130937core:LandBuildings2023-07-3112130937core:PlantMachinery2023-07-3112130937core:Vehicles2023-07-3112130937core:FurnitureFittings2023-07-3112130937core:OfficeEquipment2023-07-3112130937core:AfterOneYear2023-07-3112130937core:WithinOneYear2023-07-3112130937core:ListedExchangeTraded2023-07-3112130937core:UnlistedNon-exchangeTraded2023-07-3112130937core:ShareCapital2023-07-3112130937core:SharePremium2023-07-3112130937core:RevaluationReserve2023-07-3112130937core:OtherReservesSubtotal2023-07-3112130937core:RetainedEarningsAccumulatedLosses2023-07-3112130937core:NetGoodwill2022-07-3112130937core:IntangibleAssetsOtherThanGoodwill2022-07-3112130937core:LandBuildings2022-07-3112130937core:PlantMachinery2022-07-3112130937core:Vehicles2022-07-3112130937core:FurnitureFittings2022-07-3112130937core:OfficeEquipment2022-07-3112130937core:AfterOneYear2022-07-3112130937core:WithinOneYear2022-07-3112130937core:ListedExchange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GUILD EVENTS LTD

Registered Number
12130937
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2023

GUILD EVENTS LTD
Company Information
for the year from 1 August 2022 to 31 July 2023

Directors

JONES, Stefania
JONES, Steven

Registered Address

Suite 1 Viscount House River Lane
Saltney
Chester
CH4 8RH

Registered Number

12130937 (England and Wales)
GUILD EVENTS LTD
Statement of Financial Position
31 July 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets687,079126,073
87,079126,073
Current assets
Stocks833,75530,809
Debtors922,79946,696
Cash at bank and on hand91,988157,514
148,542235,019
Creditors amounts falling due within one year10(87,631)(248,294)
Net current assets (liabilities)60,911(13,275)
Total assets less current liabilities147,990112,798
Net assets147,990112,798
Capital and reserves
Called up share capital100100
Profit and loss account147,890112,698
Shareholders' funds147,990112,798
The financial statements were approved and authorised for issue by the Board of Directors on 31 October 2023, and are signed on its behalf by:
JONES, Stefania
Director
Registered Company No. 12130937
GUILD EVENTS LTD
Notes to the Financial Statements
for the year ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The Companies principle activity was hospitality & an events venue.
4.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks policy
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Government grants and other government assistance policy
The grant is recognised as income over the period necessary to match them with the related costs, for which they are intended to compensate, on a systematic basis A grant receivable as compensation for costs already incurred or for immediate financial support, with no future related costs, should be recognised as income in the period in which it is receivable The Company received both CJRS & a Government Grant in this financial year
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year1412
6.Property, plant and equipment

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 August 2225,226207,98115,480248,687
Additions7,6261,8334159,874
At 31 July 2332,852209,81415,895258,561
Depreciation and impairment
At 01 August 2212,09397,02413,497122,614
Charge for year5,59041,7491,52948,868
At 31 July 2317,683138,77315,026171,482
Net book value
At 31 July 2315,16971,04186987,079
At 31 July 2213,133110,9571,983126,073
7.Description of nature of transactions and balances with related parties
Directors Loan Account Balances as at 31 July 2023 £ Stefania Jones 1,242.50 Steven Jones 1,242.50
8.Stocks

2023

2022

££
Other stocks33,75530,809
Total33,75530,809
9.Debtors

2023

2022

££
Trade debtors / trade receivables2,69922,368
Other debtors-375
Prepayments and accrued income3,555-
Deferred tax asset, debtors16,54523,953
Total22,79946,696
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
10.Creditors within one year

2023

2022

££
Trade creditors / trade payables23,17312,673
Amounts owed to related parties1,2622,835
Taxation and social security56,11066,021
Other creditors2,485162,145
Accrued liabilities and deferred income4,6014,620
Total87,631248,294
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.