Registered number
SC467879
EVENTMET LIMITED
Filleted Accounts
31 January 2024
EVENTMET LIMITED
Registered number: SC467879
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 10,242 13,345
Current assets
Cash at bank and in hand 15,986 8,467
Creditors: amounts falling due within one year 4 (4,198) (2,213)
Net current assets 11,788 6,254
Total assets less current liabilities 22,030 19,599
Creditors: amounts falling due after more than one year 5 (2,268) (2,268)
Net assets 19,762 17,331
Capital and reserves
Called up share capital 100 100
Profit and loss account 19,662 17,231
Shareholders' funds 19,762 17,331
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S J Williams
Director
Approved by the board on 9 March 2024
EVENTMET LIMITED
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Equipment
£
Cost
At 1 February 2023 42,577
Additions 799
Disposals (10,000)
At 31 January 2024 33,376
Depreciation
At 1 February 2023 29,232
Charge for the year 2,561
On disposals (8,659)
At 31 January 2024 23,134
Net book value
At 31 January 2024 10,242
At 31 January 2023 13,345
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 1,298 213
Other creditors 2,900 2,000
4,198 2,213
5 Creditors: amounts falling due after one year 2024 2023
£ £
Directors Current Accounts 2,268 2,268
6 Other information
EVENTMET LIMITED is a private company limited by shares and incorporated in Scotland. Its registered office is:
The Rowans
Granary Park
Forres
Moray
IV36 2SL
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