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REGISTERED NUMBER: 07963075 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

ALTITUDE EVENTS LIMITED

ALTITUDE EVENTS LIMITED (REGISTERED NUMBER: 07963075)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ALTITUDE EVENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: J P Williams
B J Williams





SECRETARY:





REGISTERED OFFICE: Yewtree Farm
Copthorne Road
Felbridge
East Grinstead
West Sussex
RH19 2QQ





REGISTERED NUMBER: 07963075 (England and Wales)





ACCOUNTANTS: Hockley Wright & Co. Ltd.
Unit 15, No. 2
Bulrushes Business Park
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ

ALTITUDE EVENTS LIMITED (REGISTERED NUMBER: 07963075)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 400 500
Tangible assets 6 174,051 165,380
174,451 165,880

CURRENT ASSETS
Debtors 7 13,565 4,788
Cash at bank 32,195 59,999
45,760 64,787
CREDITORS
Amounts falling due within one year 8 31,172 39,392
NET CURRENT ASSETS 14,588 25,395
TOTAL ASSETS LESS CURRENT LIABILITIES 189,039 191,275

CAPITAL AND RESERVES
Called up share capital 9 200 200
Share premium 110,900 110,900
Retained earnings 77,939 80,175
SHAREHOLDERS' FUNDS 189,039 191,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 22 April 2024 and were signed on its behalf by:




B J Williams - Director



J P Williams - Director


ALTITUDE EVENTS LIMITED (REGISTERED NUMBER: 07963075)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Altitude 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. STATEMENT OF COMPLIANCE

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. There have been no material departures from FRS102.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

ALTITUDE EVENTS LIMITED (REGISTERED NUMBER: 07963075)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 6 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 11,000
AMORTISATION
At 1 April 2023 10,500
Amortisation for year 100
At 31 March 2024 10,600
NET BOOK VALUE
At 31 March 2024 400
At 31 March 2023 500

6. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2023 24,544 376,387 2,066 402,997
Additions 3,804 36,045 - 39,849
Disposals - (17,458 ) - (17,458 )
At 31 March 2024 28,348 394,974 2,066 425,388
DEPRECIATION
At 1 April 2023 9,616 226,862 1,139 237,617
Charge for year 2,810 27,836 532 31,178
Eliminated on disposal - (17,458 ) - (17,458 )
At 31 March 2024 12,426 237,240 1,671 251,337
NET BOOK VALUE
At 31 March 2024 15,922 157,734 395 174,051
At 31 March 2023 14,928 149,525 927 165,380

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 13,565 4,788

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 82 -
Taxation and social security 15,877 17,004
Other creditors 15,213 22,388
31,172 39,392

ALTITUDE EVENTS LIMITED (REGISTERED NUMBER: 07963075)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
200 Ordinary £1 200 200

10. ULTIMATE CONTROLLING PARTY

In the opinion of the directors', Altitude Events Limited is the Ultimate Controlling Party. The Company is controlled by its directors' B J Williams and J P Williams, by virtue of the fact that they between them, own all of the Company's ordinary issued share capital.