2022-04-012023-03-312023-03-31false12199670SUGAR CANE EVENTS 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SUGAR CANE EVENTS LIMITED

Registered Number
12199670
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

SUGAR CANE EVENTS LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

HUGHES, Guy Alexander

Registered Address

51 Cobourg Road
Bristol
BS6 5HU

Registered Number

12199670 (England and Wales)
SUGAR CANE EVENTS LIMITED
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets6-2,664
-2,664
Current assets
Debtors74,160-
Cash at bank and on hand10,50020,812
14,66020,812
Creditors amounts falling due within one year8(51,276)(60,311)
Net current assets (liabilities)(36,616)(39,499)
Total assets less current liabilities(36,616)(36,835)
Net assets(36,616)(36,835)
Capital and reserves
Called up share capital100100
Profit and loss account(36,716)(36,935)
Shareholders' funds(36,616)(36,835)
The financial statements were approved and authorised for issue by the Director on 22 November 2023, and are signed on its behalf by:
HUGHES, Guy Alexander
Director
Registered Company No. 12199670
SUGAR CANE EVENTS LIMITED
Notes to the Financial Statements
for the year ended 31 March 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 principal activity of the company during the period was that of events management.
4.Accounting policies
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:

Reducing balance (%)
Vehicles25
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.
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.
5.Employee information

20232022
Average number of employees during the year11
6.Property, plant and equipment

Vehicles

Total

££
Cost or valuation
At 01 April 225,5455,545
At 31 March 235,5455,545
Depreciation and impairment
At 01 April 222,8812,881
Charge for year2,6642,664
At 31 March 235,5455,545
Net book value
At 31 March 23--
At 31 March 222,6642,664
7.Debtors

2023

2022

££
Amounts owed by group undertakings4,160-
Total4,160-
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.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables-1,390
Amounts owed to related parties37,84247,992
Other creditors9,2509,861
Accrued liabilities and deferred income4,1841,068
Total51,27660,311
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.