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REGISTERED NUMBER: 07932194 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SLICK EVENTS LIMITED

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SLICK EVENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr D Williams
Mrs T J Williams





REGISTERED OFFICE: 57a Clingan Road
Bournemouth
Dorset
BH6 5QA





REGISTERED NUMBER: 07932194 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 62,652 49,146

CURRENT ASSETS
Debtors 5 3,201 100,670
Cash at bank 64,139 35,628
67,340 136,298
CREDITORS
Amounts falling due within one year 6 12,032 35,792
NET CURRENT ASSETS 55,308 100,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

117,960

149,652

PROVISIONS FOR LIABILITIES 15,664 12,287
NET ASSETS 102,296 137,365

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 102,294 137,363
SHAREHOLDERS' FUNDS 102,296 137,365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:





Mrs T J Williams - Director


SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Slick 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.

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.

Turnover
Turnover represents services provided during the period, excluding Value Added Tax.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 62,574 51,228 580 114,382
Additions 31,894 - - 31,894
Disposals - - (580 ) (580 )
At 29 February 2024 94,468 51,228 - 145,696
DEPRECIATION
At 1 March 2023 38,417 26,239 580 65,236
Charge for year 12,139 6,249 - 18,388
Eliminated on disposal - - (580 ) (580 )
At 29 February 2024 50,556 32,488 - 83,044
NET BOOK VALUE
At 29 February 2024 43,912 18,740 - 62,652
At 28 February 2023 24,157 24,989 - 49,146

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 5,670
Other debtors 3,201 95,000
3,201 100,670

SLICK EVENTS LIMITED (REGISTERED NUMBER: 07932194)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 19,986
Other creditors 12,032 15,806
12,032 35,792

7. RELATED PARTY DISCLOSURES

At the balance sheet date the company had received loans from the directors of £9,362 (2023 - £7,685) which are included in creditors falling due within one year. This balance is interest free and repayable on demand.