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REGISTERED NUMBER: 07639032 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Champion Events Ltd

Champion Events Ltd (Registered number: 07639032)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Champion Events Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: S P B Shanagher
Mrs C Champion-Smyth





REGISTERED OFFICE: Beech House
High Street
Pewsey
Wiltshire
SN9 5AF





REGISTERED NUMBER: 07639032 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Champion Events Ltd (Registered number: 07639032)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 355 117

CURRENT ASSETS
Debtors 6 5,120 6,022
Cash at bank 32,419 38,474
37,539 44,496
CREDITORS
Amounts falling due within one year 7 29,996 19,542
NET CURRENT ASSETS 7,543 24,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,898

25,071

CREDITORS
Amounts falling due after more than one year 8 20,946 40,917
NET LIABILITIES (13,048 ) (15,846 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (14,048 ) (16,846 )
SHAREHOLDERS' FUNDS (13,048 ) (15,846 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Champion Events Ltd (Registered number: 07639032)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:





S P B Shanagher - Director


Champion Events Ltd (Registered number: 07639032)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Champion Events Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, assuming the continued support of its directors and the bank.

Turnover
Income is recognised during the year when the company provides services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

Champion Events Ltd (Registered number: 07639032)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022 852
Additions 400
At 31 May 2023 1,252
DEPRECIATION
At 1 June 2022 735
Charge for year 162
At 31 May 2023 897
NET BOOK VALUE
At 31 May 2023 355
At 31 May 2022 117

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 5,120 6,022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 9,800 -
Other creditors 20,196 19,542
29,996 19,542

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 20,946 40,917

Champion Events Ltd (Registered number: 07639032)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
S P B Shanagher
Balance outstanding at start of year - 6,980
Amounts repaid - (6,980 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan amount of £6,981.25 was repaid to the company on 21/09/2021.