HIGH GAIN EVENT SERVICES C.I.C.

Company limited by guarantee

Company Registration Number:
07892080 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

HIGH GAIN EVENT SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HIGH GAIN EVENT SERVICES C.I.C.

Directors' report period ended 31 December 2023

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

Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Jamie Friday
Edward Mackie
Samuel Albrow
Thomas Viney


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
16 February 2024

And signed on behalf of the board by:
Name: Jamie Friday
Status: Director

HIGH GAIN EVENT SERVICES C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 63,446 116,310
Cost of sales: ( 30,597 ) ( 35,339 )
Gross profit(or loss): 32,849 80,971
Distribution costs: ( 40,306 ) ( 35,861 )
Administrative expenses: ( 11,897 ) ( 12,756 )
Other operating income: 0
Operating profit(or loss): (19,354) 32,354
Interest receivable and similar income: 86 18
Interest payable and similar charges: 0
Profit(or loss) before tax: (19,268) 32,372
Tax: ( 2,616 )
Profit(or loss) for the financial year: (19,268) 29,756

HIGH GAIN EVENT SERVICES C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 38,017 30,481
Investments:   0 0
Total fixed assets: 38,017 30,481
Current assets
Stocks:   0 0
Debtors: 4 4,368 12,094
Cash at bank and in hand: 12,858 37,359
Investments:   0 0
Total current assets: 17,226 49,453
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 5 ( 3,441 ) ( 8,778 )
Net current assets (liabilities): 13,785 40,675
Total assets less current liabilities: 51,802 71,156
Total net assets (liabilities): 51,802 71,156
Members' funds
Profit and loss account: 51,802 71,156
Total members' funds: 51,802 71,156

The notes form part of these financial statements

HIGH GAIN EVENT SERVICES C.I.C.

Balance sheet statements

For the year ending 31 December 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 16 February 2024
and signed on behalf of the board by:

Name: Jamie Friday
Status: Director

The notes form part of these financial statements

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2023 95,353 0 95,353
Additions 19,026 0 19,026
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 December 2023 114,379 0 114,379
Amortisation
At 1 January 2023 64,872 0 64,872
Charge for year 11,490 0 11,490
On disposals 0 0 0
Other adjustments 0 0 0
At 31 December 2023 76,362 0 76,362
Net book value
At 31 December 2023 38,017 0 38,017
At 31 December 2022 30,481 0 30,481

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 4,368 12,094
Prepayments and accrued income 0 0
Other debtors 0 0
Total 4,368 12,094
Debtors due after more than one year: 0 0

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 2,951
Taxation and social security 3,232 5,545
Accruals and deferred income 209 282
Total 3,441 8,778

COMMUNITY INTEREST ANNUAL REPORT

HIGH GAIN EVENT SERVICES C.I.C.

Company Number: 07892080 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Last year High Gain Event Services has continued to support the local community in both Crawley and Horsham.With continued support to Crawley LGBTQ with their 3nd annual Crawley Pride.The teams has developed volunteering and also continued their engaged with a HurstSpace a local youth cafe.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £12,720.78 which was the hours worked on High Gain Event Services CIc events between the four active Directors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 February 2024

And signed on behalf of the board by:
Name: Jamie Friday
Status: Director