Registered number
13578282
The Event Nest Limited
Filleted Accounts
31 August 2023
The Event Nest Limited
Registered number: 13578282
Balance Sheet
as at 31 August 2023
Notes 2023 2022
£ £
Current assets
Debtors 4 12,004 3,834
Cash at bank and in hand 30,537 15,917
42,541 19,751
Creditors: amounts falling due within one year 5 (29,021) (5,610)
Net current assets 13,520 14,141
Net assets 13,520 14,141
Capital and reserves
Called up share capital 1 1
Profit and loss account 13,519 14,140
Shareholders' funds 13,520 14,141
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L Bateson
Director
Approved by the board on 30 October 2023
The Event Nest Limited
Notes to the Accounts
for the year ended 31 August 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
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.
Creditors
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 740
At 31 August 2023 740
Depreciation
Charge for the year 740
At 31 August 2023 740
Net book value
At 31 August 2023 -
4 Debtors 2023 2022
£ £
Trade debtors 7,729 3,834
Amounts owed by group undertakings and undertakings in which the company has a participating interest 4,275 -
12,004 3,834
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 32,875 260
Taxation and social security costs (5,376) 3,814
Other creditors 1,522 1,536
29,021 5,610
6 Other information
The Event Nest Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 Spenser Close
Bicester
Oxfordshire
OX26 2FA
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