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REGISTERED NUMBER: 02022309 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

LIVING HERITAGE EVENT HIRE SERVICES LTD.

LIVING HERITAGE EVENT HIRE SERVICES LTD. (REGISTERED NUMBER: 02022309)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LIVING HERITAGE EVENT HIRE SERVICES LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr M A Hulme





REGISTERED OFFICE: Old Station Yard
Draycott-In-The-Clay
Ashbourne
DE6 5GX





REGISTERED NUMBER: 02022309 (England and Wales)





ACCOUNTANTS: Wynniatt-Husey Limited (Uttoxeter Branch)
The Old Bakehouse
Dove Walk
Uttoxeter
Staffordshire
ST14 8EH

LIVING HERITAGE EVENT HIRE SERVICES LTD. (REGISTERED NUMBER: 02022309)

BALANCE SHEET
31 DECEMBER 2023

31.12.22 31.12.23
£    £    Notes £    £   
FIXED ASSETS
368,841 Tangible assets 4 374,367

CURRENT ASSETS
17,493 Debtors 5 21,701
323,462 Cash at bank and in hand 565,806
340,955 587,507
CREDITORS
99,778 Amounts falling due within one year 6 134,505
241,177 NET CURRENT ASSETS 453,002
610,018 TOTAL ASSETS LESS CURRENT
LIABILITIES

827,369

48,910 PROVISIONS FOR LIABILITIES 7 66,958
561,108 NET ASSETS 760,411

CAPITAL AND RESERVES
2 Called up share capital 8 2
561,106 Retained earnings 760,409
561,108 SHAREHOLDERS' FUNDS 760,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 14 February 2024 and were signed by:



Mr M A Hulme - Director


LIVING HERITAGE EVENT HIRE SERVICES LTD. (REGISTERED NUMBER: 02022309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Living Heritage Event Hire Services Ltd. 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.
Freehold property - 2% on cost
Plant and machinery - 10% on cost and 10% on reducing balance
Motor vehicles - 20% on reducing balance and 15% on reducing balance

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.

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.

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 10 (2022 - 14 ) .

LIVING HERITAGE EVENT HIRE SERVICES LTD. (REGISTERED NUMBER: 02022309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
Totals property machinery vehicles
£    £    £    £   
COST
At 1 January 2023 2,025,655 254,187 1,666,190 105,278
Additions 65,070 - 40,245 24,825
At 31 December 2023 2,090,725 254,187 1,706,435 130,103
DEPRECIATION
At 1 January 2023 1,656,814 142,768 1,426,437 87,609
Charge for year 59,544 4,884 49,200 5,460
At 31 December 2023 1,716,358 147,652 1,475,637 93,069
NET BOOK VALUE
At 31 December 2023 374,367 106,535 230,798 37,034
At 31 December 2022 368,841 111,419 239,753 17,669

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Prepayments 21,701 17,493

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 610 5,539
Tax 95,225 22,164
Social security and other taxes 5,585 9,528
Wages Control 3,594 -
VAT 26,497 43,918
Directors' current accounts 959 16,779
Accrued expenses 2,035 1,850
134,505 99,778

7. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 66,958 48,910

Deferred
tax
£   
Balance at 1 January 2023 48,910
Charge to Income Statement during year 18,048
Balance at 31 December 2023 66,958

LIVING HERITAGE EVENT HIRE SERVICES LTD. (REGISTERED NUMBER: 02022309)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1.00 2 2