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REGISTERED NUMBER: 05580493 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

AMCA EVENTS LIMITED

AMCA EVENTS LIMITED (REGISTERED NUMBER: 05580493)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AMCA EVENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr M C Brettle
Mr M D Fry
Mr D Morris
Mr M J Penn
Mr C E Price
Mr J Williams





SECRETARY: Mr S Harvey





REGISTERED OFFICE: Hyland House
Unit 28 Navigation Way
Cannock
Staffordshire
WS11 7XU





REGISTERED NUMBER: 05580493 (England and Wales)





ACCOUNTANT: Richards Associates Limited
North Lodge
Hawkesyard
Armitage Lane
Rugeley
Staffordshire
WS15 1PS

AMCA EVENTS LIMITED (REGISTERED NUMBER: 05580493)

BALANCE SHEET
31 OCTOBER 2023

31.10.22 31.10.23
£    Notes £   
CURRENT ASSETS
128,454 Stocks 4 73,672
175,078 Debtors 5 156,673
1,203,597 Cash at bank and in hand 998,894
1,507,129 1,229,239
CREDITORS
1,533,468 Amounts falling due within one year 6 1,391,868
(26,339 ) NET CURRENT LIABILITIES (162,629 )
(26,339 ) TOTAL ASSETS LESS CURRENT
LIABILITIES

(162,629

)

CAPITAL AND RESERVES
1 Called up share capital 7 1
(26,340 ) Retained earnings (162,630 )
(26,339 ) SHAREHOLDERS' FUNDS (162,629 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 5 February 2024 and were signed on its behalf by:





Mr M J Penn - Director


AMCA EVENTS LIMITED (REGISTERED NUMBER: 05580493)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

AMCA 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised and amortised at cost, except for investments in non convertible preference and non puttable ordinary shares which are recognised at fair value, with changes, recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

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.

AMCA EVENTS LIMITED (REGISTERED NUMBER: 05580493)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Going concern
At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 4 ) .

4. STOCKS
31.10.23 31.10.22
£    £   
Finished goods 73,672 128,454

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 11,657 25,440
Amounts owed by group undertakings 16,875 12,964
Other debtors 128,141 136,674
156,673 175,078

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 115,129 172,702
Amounts owed to group undertakings 1,231,721 1,259,441
Taxation and social security 3,762 5,222
Other creditors 41,256 96,103
1,391,868 1,533,468

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
1 Ordinary 1.00 1 1

8. ULTIMATE CONTROLLING PARTY

The Amateur Motor Cycle Association Limited is the ultimate parent company and is a company registered in England and Wales with its registered office at Hyland House, Unit 28 Navigation Way, Cannock Staffordshire, WS11 7XU.

9. GOING CONCERN

Total liabilities exceed total assets, however, the company is able to meet its liabilities as they fall due.