IRIS Accounts Production v24.2.0.383 07860717 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078607172022-11-30078607172023-11-30078607172022-12-012023-11-30078607172021-11-30078607172021-12-012022-11-30078607172022-11-3007860717ns15:EnglandWales2022-12-012023-11-3007860717ns14:PoundSterling2022-12-012023-11-3007860717ns10:Director12022-12-012023-11-3007860717ns10:Director22022-12-012023-11-3007860717ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3007860717ns10:SmallEntities2022-12-012023-11-3007860717ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3007860717ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3007860717ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3007860717ns10:FullAccounts2022-12-012023-11-3007860717ns10:OrdinaryShareClass12022-12-012023-11-3007860717ns10:RegisteredOffice2022-12-012023-11-3007860717ns5:CurrentFinancialInstruments2023-11-3007860717ns5:CurrentFinancialInstruments2022-11-3007860717ns5:Non-currentFinancialInstruments2023-11-3007860717ns5:Non-currentFinancialInstruments2022-11-3007860717ns5:ShareCapital2023-11-3007860717ns5:ShareCapital2022-11-3007860717ns5:RetainedEarningsAccumulatedLosses2023-11-3007860717ns5:RetainedEarningsAccumulatedLosses2022-11-3007860717ns5:PlantMachinery2022-12-012023-11-3007860717ns5:MotorVehicles2022-12-012023-11-3007860717ns5:ComputerEquipment2022-12-012023-11-3007860717ns5:PlantMachinery2022-11-3007860717ns5:MotorVehicles2022-11-3007860717ns5:ComputerEquipment2022-11-3007860717ns5:PlantMachinery2023-11-3007860717ns5:MotorVehicles2023-11-3007860717ns5:ComputerEquipment2023-11-3007860717ns5:PlantMachinery2022-11-3007860717ns5:MotorVehicles2022-11-3007860717ns5:ComputerEquipment2022-11-3007860717ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3007860717ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3007860717ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3007860717ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-11-3007860717ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-11-3007860717ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-11-3007860717ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 07860717 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ACCLAIM MARQUEES LIMITED

ACCLAIM MARQUEES LIMITED (REGISTERED NUMBER: 07860717)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACCLAIM MARQUEES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr J S Boparai
Mr D S Rai





REGISTERED OFFICE: 48 Kingswood Road
Goodmayes
Ilford
Essex
IG3 8UE





REGISTERED NUMBER: 07860717 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

ACCLAIM MARQUEES LIMITED (REGISTERED NUMBER: 07860717)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,419 13,672

CURRENT ASSETS
Debtors 5 5,396 996
Cash at bank 9,990 53,332
15,386 54,328
CREDITORS
Amounts falling due within one year 6 22,741 34,282
NET CURRENT (LIABILITIES)/ASSETS (7,355 ) 20,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,064

33,718

CREDITORS
Amounts falling due after more than one
year

7

27,367

8,025
NET ASSETS 18,697 25,693

CAPITAL AND RESERVES
Called up share capital 9 10,000 10,000
Retained earnings 8,697 15,693
SHAREHOLDERS' FUNDS 18,697 25,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

ACCLAIM MARQUEES LIMITED (REGISTERED NUMBER: 07860717)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 28 August 2024 and were signed on its behalf by:




Mr J S Boparai - Director



Mr D S Rai - Director


ACCLAIM MARQUEES LIMITED (REGISTERED NUMBER: 07860717)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Acclaim Marquees 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 represents amounts derived from the provision of hire services to customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ACCLAIM MARQUEES LIMITED (REGISTERED NUMBER: 07860717)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022 49,075 18,310 1,280 68,665
Additions 30,806 27,900 - 58,706
Disposals (21,782 ) (18,310 ) - (40,092 )
At 30 November 2023 58,099 27,900 1,280 87,279
DEPRECIATION
At 1 December 2022 38,606 15,321 1,066 54,993
Charge for year 8,255 5,580 32 13,867
Eliminated on disposal (19,679 ) (15,321 ) - (35,000 )
At 30 November 2023 27,182 5,580 1,098 33,860
NET BOOK VALUE
At 30 November 2023 30,917 22,320 182 53,419
At 30 November 2022 10,469 2,989 214 13,672

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 3,993 -
Prepayments 1,403 996
5,396 996

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts (see note 8) 3,150 3,150
Trade creditors 1,080 -
Tax - 14,832
Social security and other taxes 61 -
Net wages 1,939 -
Other creditors - 866
Directors' loan accounts 15,431 14,354
Accrued expenses 1,080 1,080
22,741 34,282

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans (see note 8) 27,367 8,025

ACCLAIM MARQUEES LIMITED (REGISTERED NUMBER: 07860717)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.11.23 30.11.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,438 -

8. LOANS

An analysis of the maturity of loans is given below:

30.11.23 30.11.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 3,150 3,150

Amounts falling due between one and two years:
Bank loans - 1-2 years 3,150 3,150

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,779 4,875

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,438 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
10,000 Ordinary shares 1 10,000 10,000