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REGISTERED NUMBER: 11837384 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 June 2023

for

COALFACE EVENTS & VENUES LIMITED

COALFACE EVENTS & VENUES LIMITED (REGISTERED NUMBER: 11837384)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COALFACE EVENTS & VENUES LIMITED

Company Information
for the Year Ended 30 June 2023







DIRECTOR: P R Thomas





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 11837384 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

COALFACE EVENTS & VENUES LIMITED (REGISTERED NUMBER: 11837384)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,520 3,734

CURRENT ASSETS
Debtors 5 211,881 150,168
Cash at bank 18,762 3,263
230,643 153,431
CREDITORS
Amounts falling due within one year 6 221,486 152,491
NET CURRENT ASSETS 9,157 940
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,677

4,674

CREDITORS
Amounts falling due after more than one
year

7

(13,310

)

(20,453

)

PROVISIONS FOR LIABILITIES 8 (1,048 ) (709 )
NET ASSETS/(LIABILITIES) 319 (16,488 )

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 218 (16,589 )
SHAREHOLDERS' FUNDS 319 (16,488 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COALFACE EVENTS & VENUES LIMITED (REGISTERED NUMBER: 11837384)

Balance Sheet - continued
30 June 2023


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 director and authorised for issue on 23 April 2024 and were signed by:





P R Thomas - Director


COALFACE EVENTS & VENUES LIMITED (REGISTERED NUMBER: 11837384)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Coalface Events & Venues 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

COALFACE EVENTS & VENUES LIMITED (REGISTERED NUMBER: 11837384)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2022 6,631
Additions 4,249
At 30 June 2023 10,880
DEPRECIATION
At 1 July 2022 2,897
Charge for year 2,463
At 30 June 2023 5,360
NET BOOK VALUE
At 30 June 2023 5,520
At 30 June 2022 3,734

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 58,737 65,087
Directors' loan accounts 78,500 49,008
Tax 26,045 16,091
VAT 2,595 575
Accrued income 1,620 -
Prepayments 44,384 19,407
211,881 150,168

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,143 6,988
Trade creditors 289 -
Tax 63,733 43,902
Other creditors 36,214 16,501
Deferred income 110,913 79,662
Accrued expenses 3,194 5,438
221,486 152,491

COALFACE EVENTS & VENUES LIMITED (REGISTERED NUMBER: 11837384)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 7,323 7,143
Bank loans - 2-5 years 5,987 13,310
13,310 20,453

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,048 709

Deferred
tax
£   
Balance at 1 July 2022 709
Accelerated capital allowances 339
Balance at 30 June 2023 1,048

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P R Thomas.