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REGISTERED NUMBER: 07580259 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ascent Events Limited

Ascent Events Limited (Registered number: 07580259)






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


Ascent Events Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr G Whiffen
Mrs S Hurditch





REGISTERED OFFICE: Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 07580259 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Ascent Events Limited (Registered number: 07580259)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,788 1,356

CURRENT ASSETS
Debtors 5 78,997 133,013
Cash at bank 84,607 23,965
163,604 156,978
CREDITORS
Amounts falling due within one year 6 107,207 64,722
NET CURRENT ASSETS 56,397 92,256
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,185

93,612

CREDITORS
Amounts falling due after more than one year 7 4,000 6,000
NET ASSETS 54,185 87,612

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,085 87,512
54,185 87,612

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2024 and were signed on its behalf by:





Mr G Whiffen - Director


Ascent Events Limited (Registered number: 07580259)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ascent 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 715 3,054 3,769
Additions - 1,046 1,046
At 31 March 2024 715 4,100 4,815
DEPRECIATION
At 1 April 2023 476 1,937 2,413
Charge for year 60 554 614
At 31 March 2024 536 2,491 3,027
NET BOOK VALUE
At 31 March 2024 179 1,609 1,788
At 31 March 2023 239 1,117 1,356

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 78,597 131,084
Other debtors 400 1,929
78,997 133,013

Ascent Events Limited (Registered number: 07580259)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 556 11,906
Taxation and social security 22,411 50,816
Other creditors 82,240 -
107,207 64,722

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 4,000 6,000