TWELVE EVENT MANAGEMENT LIMITED

Company Registration Number:
07202004 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

TWELVE EVENT MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

TWELVE EVENT MANAGEMENT LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 27,019 10,841
Total fixed assets: 27,019 10,841
Current assets
Debtors:   506,918 494,453
Cash at bank and in hand: 241,971 214,507
Total current assets: 748,889 708,960
Creditors: amounts falling due within one year:   (95,211) (125,076)
Net current assets (liabilities): 653,678 583,884
Total assets less current liabilities: 680,697 594,725
Total net assets (liabilities): 680,697 594,725
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 680,696 594,724
Shareholders funds: 680,697 594,725

The notes form part of these financial statements

TWELVE EVENT MANAGEMENT LIMITED

Balance sheet statements

For the year ending 28 February 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 November 2023
and signed on behalf of the board by:

Name: Paul Joseph Moss
Status: Director

The notes form part of these financial statements

TWELVE EVENT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

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

Turnover policy

Turnover represents the net invoiced value of goods and services, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following rates calculated to write off the cost of each asset over its expected useful life;Fixtures, fittings & equipment - 15% reducing balance basisMotor vehicles - 25% reducing balance basis

TWELVE EVENT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 24 18

TWELVE EVENT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 41,748
Additions 23,998
At 28 February 2023 65,746
Depreciation
At 01 March 2022 30,907
Charge for year 7,820
At 28 February 2023 38,727
Net book value
At 28 February 2023 27,019
At 28 February 2022 10,841

TWELVE EVENT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Related party transactions

Name of the related party: Twelve Restaurant
Relationship:
Common Ownership
Description of the Transaction: During the year, the company purchased goods and services to the value of £459968 (£320070 2022) from Twelve Restaurant, a partnership in which the Directors are sole partners. The transactions were conducted on a normal commercial basis.
£
Balance at 01 March 2022 451,917
Balance at 28 February 2023 505,568