PRO EVENT SERVICES LTD

Company Registration Number:
11514455 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

PRO EVENT SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PRO EVENT SERVICES LTD

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Stephen Kapoor


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 November 2023

And signed on behalf of the board by:
Name: Stephen Kapoor
Status: Director

PRO EVENT SERVICES LTD

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 950,531 965,664
Cost of sales: ( 663,775 ) ( 799,503 )
Gross profit(or loss): 286,756 166,161
Administrative expenses: ( 160,904 ) ( 98,161 )
Operating profit(or loss): 125,852 68,000
Interest payable and similar charges: ( 537 ) ( 1,786 )
Profit(or loss) before tax: 125,315 66,214
Tax: ( 8,134 ) ( 14,198 )
Profit(or loss) for the financial year: 117,181 52,016

PRO EVENT SERVICES LTD

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 90,248 4,620
Total fixed assets: 90,248 4,620
Current assets
Stocks: 4 0 92,560
Debtors: 5 153,673 40,145
Cash at bank and in hand: 1,766 0
Total current assets: 155,439 132,705
Creditors: amounts falling due within one year: 6 ( 167,286 ) ( 67,804 )
Net current assets (liabilities): (11,847) 64,901
Total assets less current liabilities: 78,401 69,521
Creditors: amounts falling due after more than one year: 7 ( 45,601 ) ( 86,071 )
Provision for liabilities: ( 17,085 ) 0
Total net assets (liabilities): 15,715 (16,550)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 15,714 (16,551 )
Total Shareholders' funds: 15,715 (16,550)

The notes form part of these financial statements

PRO EVENT SERVICES LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 November 2023
and signed on behalf of the board by:

Name: Stephen Kapoor
Status: Director

The notes form part of these financial statements

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value addedtaxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover isreduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,over their expected useful lives on the following bases:

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 0 9,961 9,961
Additions 102,096 102,096
Disposals
Revaluations
Transfers
At 31 August 2023 102,096 9,961 112,057
Depreciation
At 1 September 2022 0 5,341 5,341
Charge for year 15,314 1,154 16,468
On disposals
Other adjustments
At 31 August 2023 15,314 6,495 21,809
Net book value
At 31 August 2023 86,782 3,466 90,248
At 31 August 2022 0 4,620 4,620

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 0 92,560
Total 0 92,560

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 0 28,612
Prepayments and accrued income 7,797 1,861
Other debtors 145,876 9,672
Total 153,673 40,145
Debtors due after more than one year: 0 0

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 11,399 33,511
Trade creditors 10,008 1
Taxation and social security 22,331 32,167
Accruals and deferred income 1,235 1,235
Other creditors 122,313 890
Total 167,286 67,804

PRO EVENT SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 45,601 86,071
Total 45,601 86,071