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REGISTERED NUMBER: 07855605 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Paul Farris Events Limited

Paul Farris Events Limited (Registered number: 07855605)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Paul Farris Events Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: P Farris
Mrs A Farris





REGISTERED OFFICE: 24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ





REGISTERED NUMBER: 07855605 (England and Wales)





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

Paul Farris Events Limited (Registered number: 07855605)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,040 1,387

CURRENT ASSETS
Debtors 5 9,697 5,902
Cash at bank 19,175 220
28,872 6,122
CREDITORS
Amounts falling due within one year 6 11,756 5,637
NET CURRENT ASSETS 17,116 485
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,156

1,872

PROVISIONS FOR LIABILITIES 198 263
NET ASSETS 17,958 1,609

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 17,858 1,509
SHAREHOLDERS' FUNDS 17,958 1,609

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

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

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 21 March 2024 and were signed on its behalf by:



P Farris - Director


Paul Farris Events Limited (Registered number: 07855605)

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

1. STATUTORY INFORMATION

Paul Farris Events Limited 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 (£).


Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. ACCOUNTING POLICIES

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

Significant judgements and estimates
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those amounts.

Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.

Turnover
Turnover represents net invoices sales of services, excluding VAT, with adjustments for income received in advance.

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

3. EMPLOYEES AND DIRECTORS

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

Paul Farris Events Limited (Registered number: 07855605)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2023 4,918 1,189 6,107
Disposals - (1,189 ) (1,189 )
At 31 December 2023 4,918 - 4,918
DEPRECIATION
At 1 January 2023 3,531 1,189 4,720
Charge for year 347 - 347
Eliminated on disposal - (1,189 ) (1,189 )
At 31 December 2023 3,878 - 3,878
NET BOOK VALUE
At 31 December 2023 1,040 - 1,040
At 31 December 2022 1,387 - 1,387

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 2,680 -
Amounts owed by group undertakings 6,041 5,902
Other debtors 976 -
9,697 5,902

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 3,134 -
Amounts owed to group undertakings - 2,909
Taxation and social security 8,622 533
Other creditors - 2,195
11,756 5,637

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the director owed £836 (2022: £2,195) to the company.

Paul Farris Events Limited

Report of the Accountants to the Directors of
Paul Farris Events Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................