1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-10-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10981584 2022-10-01 2023-10-31 10981584 2023-10-31 10981584 2022-09-30 10981584 2021-10-01 2022-09-30 10981584 2022-09-30 10981584 2021-09-30 10981584 core:PlantMachinery 2022-10-01 2023-10-31 10981584 core:FurnitureFittings 2022-10-01 2023-10-31 10981584 bus:Director1 2022-10-01 2023-10-31 10981584 core:PlantMachinery 2022-09-30 10981584 core:FurnitureFittings 2022-09-30 10981584 core:PlantMachinery 2023-10-31 10981584 core:FurnitureFittings 2023-10-31 10981584 core:WithinOneYear 2023-10-31 10981584 core:WithinOneYear 2022-09-30 10981584 core:ShareCapital 2023-10-31 10981584 core:ShareCapital 2022-09-30 10981584 core:RetainedEarningsAccumulatedLosses 2023-10-31 10981584 core:RetainedEarningsAccumulatedLosses 2022-09-30 10981584 core:PlantMachinery 2022-09-30 10981584 core:FurnitureFittings 2022-09-30 10981584 bus:SmallEntities 2022-10-01 2023-10-31 10981584 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-10-31 10981584 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-10-31 10981584 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-10-31 10981584 bus:FullAccounts 2022-10-01 2023-10-31 10981584 core:AllAssociates 2022-10-01 2023-10-31
COMPANY REGISTRATION NUMBER: 10981584
Wilderness Events Ltd
Filleted Unaudited Financial Statements
31 October 2023
Wilderness Events Ltd
Financial Statements
Period from 1 October 2022 to 31 October 2023
Contents
Page
Statement of financial position
1
Notes to the financial statements
3
Wilderness Events Ltd
Statement of Financial Position
31 October 2023
31 Oct 23
30 Sep 22
Note
£
£
Fixed assets
Tangible assets
5
917
1,999
Current assets
Debtors
6
6,514
124,264
Cash at bank and in hand
585,033
599,313
---------
---------
591,547
723,577
Creditors: amounts falling due within one year
7
575,266
490,717
---------
---------
Net current assets
16,281
232,860
--------
---------
Total assets less current liabilities
17,198
234,859
--------
---------
Net assets
17,198
234,859
--------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
17,098
234,759
--------
---------
Shareholders funds
17,198
234,859
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Wilderness Events Ltd
Statement of Financial Position (continued)
31 October 2023
These financial statements were approved by the board of directors and authorised for issue on 30 July 2024 , and are signed on behalf of the board by:
Miss A V List Brain
Director
Company registration number: 10981584
Wilderness Events Ltd
Notes to the Financial Statements
Period from 1 October 2022 to 31 October 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Stourmouth House, The Street, Stourmouth, Canterbury, Kent, CT3 1HZ, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery
-
20% straight line
Fixtures and fittings
-
20% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 (2022: 1 ).
5. Tangible assets
Plant and machinery
Fixtures and fittings
Total
£
£
£
Cost
At 1 October 2022 and 31 October 2023
4,826
167
4,993
-------
----
-------
Depreciation
At 1 October 2022
2,895
99
2,994
Charge for the period
1,046
36
1,082
-------
----
-------
At 31 October 2023
3,941
135
4,076
-------
----
-------
Carrying amount
At 31 October 2023
885
32
917
-------
----
-------
At 30 September 2022
1,931
68
1,999
-------
----
-------
6. Debtors
31 Oct 23
30 Sep 22
£
£
Trade debtors
534
121,650
Other debtors
5,980
2,614
-------
---------
6,514
124,264
-------
---------
7. Creditors: amounts falling due within one year
31 Oct 23
30 Sep 22
£
£
Trade creditors
12
127
Amounts owed to group undertakings and undertakings in which the company has a participating interest
561,265
Corporation tax
7,839
14,202
Social security and other taxes
40,828
Other creditors
6,150
435,560
---------
---------
575,266
490,717
---------
---------
8. Related party transactions
At the year end the company owed £nil (2022: £248,513) to a company associated by common control. At the year end the company owed £561,265 (2022: £nil) to group companies.
9. Controlling party
At the balance sheet date the immediate parent company was Zoology Ltd , a company registered in the United Kingdom. The address of the registered office is Stourmouth House, The Street, Canterbury, Kent, CT3 1HZ, United Kingdom .