Company Registration No. 09195341 (England and Wales)
Veo Events Ltd
Unaudited accounts
for the year ended 31 August 2023
Veo Events Ltd
Unaudited accounts
Contents
Veo Events Ltd
Company Information
for the year ended 31 August 2023
Directors
Emily Fairholme
Liam James Peake
Callum William Walton
Company Number
09195341 (England and Wales)
Registered Office
Unit 1 Childs Court Farm
Ashampstead
Reading
RG8 8QT
England
Accountants
striveX Ltd
Beacon House
Ibstone Road
Stokenchurch
Buckinghamshire
HP14 3FE
Veo Events Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
212,693
210,195
Cash at bank and in hand
69,235
81,134
Creditors: amounts falling due within one year
(253,744)
(224,634)
Net current liabilities
(67,524)
(81,217)
Total assets less current liabilities
145,169
128,978
Creditors: amounts falling due after more than one year
(95,889)
(121,939)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
22,729
6,039
Shareholders' funds
23,729
7,039
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by
Liam James Peake
Director
Company Registration No. 09195341
Veo Events Ltd
Notes to the Accounts
for the year ended 31 August 2023
Veo Events Ltd is a private company, limited by shares, registered in England and Wales, registration number 09195341. The registered office is Unit 1 Childs Court Farm, Ashampstead, Reading, RG8 8QT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Reducing Balance
Plant & machinery
20% Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2022
11,000
At 1 September 2022
11,000
Veo Events Ltd
Notes to the Accounts
for the year ended 31 August 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2022
6,541
361,267
63,180
14,460
445,448
Additions
6,510
58,103
57,345
6,646
128,604
Disposals
-
(88,028)
-
-
(88,028)
At 31 August 2023
13,051
331,342
120,525
21,106
486,024
At 1 September 2022
3,411
226,248
-
5,594
235,253
Charge for the year
1,928
47,858
34,080
3,879
87,745
On disposals
-
(49,667)
-
-
(49,667)
At 31 August 2023
5,339
224,439
34,080
9,473
273,331
At 31 August 2023
7,712
106,903
86,445
11,633
212,693
At 31 August 2022
3,130
135,019
63,180
8,866
210,195
Amounts falling due within one year
Trade debtors
76,335
53,078
Accrued income and prepayments
10,738
-
Other debtors
29,912
7,640
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
37,235
32,694
Obligations under finance leases and hire purchase contracts
33,753
-
Trade creditors
21,513
6,094
Taxes and social security
10,959
10,658
Other creditors
28,365
68,638
Loans from directors
31,256
37,864
Veo Events Ltd
Notes to the Accounts
for the year ended 31 August 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
74,228
-
9
Deferred taxation
2023
2022
Accelerated capital allowances
25,551
-
Charged to the profit and loss account
25,551
-
Provision at end of year
25,551
-
10
Average number of employees
During the year the average number of employees was 21 (2022: 18).