2023-01-012023-12-312023-12-31false10523315BROADCAST EVENTS INTERNATIONAL 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BROADCAST EVENTS INTERNATIONAL LIMITED

Registered Number
10523315
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

BROADCAST EVENTS INTERNATIONAL LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

DIBLIK, Stella

Registered Address

International House
36-38 Cornhill
London
EC3V 3NG

Registered Number

10523315 (England and Wales)
BROADCAST EVENTS INTERNATIONAL LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors157,59581,602
Cash at bank and on hand52,59249,876
210,187131,478
Creditors amounts falling due within one year4(156,988)(87,750)
Net current assets (liabilities)53,19943,728
Total assets less current liabilities53,19943,728
Net assets53,19943,728
Capital and reserves
Called up share capital11
Profit and loss account53,19843,727
Shareholders' funds53,19943,728
The financial statements were approved and authorised for issue by the Director on 3 February 2024, and are signed on its behalf by:
DIBLIK, Stella
Director
Registered Company No. 10523315
BROADCAST EVENTS INTERNATIONAL LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20232022
Average number of employees during the year00
3.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables25,730-
Other debtors542542
Prepayments and accrued income131,32381,060
Total157,59581,602
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables42,22351,028
Taxation and social security2,8712,039
Payments received on account111,89423,183
Accrued liabilities and deferred income-11,500
Total156,98887,750