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REGISTERED NUMBER: 01846652 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

TMB Events Ltd

TMB Events Ltd (Registered number: 01846652)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TMB Events Ltd

Company Information
for the year ended 31 December 2023







DIRECTOR: B Kenworthy





SECRETARY: B Kenworthy





REGISTERED OFFICE: 1st Floor, Cromwell House
14 Fulwood Place
London
WC1V 6HZ





REGISTERED NUMBER: 01846652 (England and Wales)





ACCOUNTANTS: Gorrie Whitson Limited
1st Floor, Cromwell House
14 Fulwood Place
London
WC1V 6HZ

TMB Events Ltd (Registered number: 01846652)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 147,364 168,421
147,364 168,421

CURRENT ASSETS
Stock and work in progress 151,726 456,581
Debtors 6 899,124 1,175,734
Cash at bank and in hand 454,405 354,990
1,505,255 1,987,305
CREDITORS
Amounts falling due within one year 7 895,712 1,443,639
NET CURRENT ASSETS 609,543 543,666
TOTAL ASSETS LESS CURRENT
LIABILITIES

756,907

712,087

CREDITORS
Amounts falling due after more than one
year

8

(129,938

)

(223,018

)

PROVISIONS FOR LIABILITIES (9,045 ) (7,725 )
NET ASSETS 617,924 481,344

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 617,824 481,244
SHAREHOLDERS' FUNDS 617,924 481,344

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.

TMB Events Ltd (Registered number: 01846652)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 May 2024 and were signed by:





B Kenworthy - Director


TMB Events Ltd (Registered number: 01846652)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

TMB Events 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 represents sales of services, excluding value added tax.


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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 10% on cost

Stock and work-in-progress
Stocks of promotional goods are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow-moving items; work-in-progress represents unbilled costs carried forward in respect of future promotional activities.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

TMB Events Ltd (Registered number: 01846652)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

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.

Goodwill
Goodwill, being the total amount paid in connection with the acquisition of a business with a completion date of 31st December 2010, has been amortised evenly over its estimated useful life of 3 years.

This is in accordance with the company policy, whereby balances are written off over the same term of any borrowings for the funding of the purchase.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 300,000
AMORTISATION
At 1 January 2023
and 31 December 2023 300,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 January 2023 127,012 570,545 300,623
Additions - - -
At 31 December 2023 127,012 570,545 300,623
DEPRECIATION
At 1 January 2023 58,381 502,850 297,472
Charge for year 12,685 11,120 788
At 31 December 2023 71,066 513,970 298,260
NET BOOK VALUE
At 31 December 2023 55,946 56,575 2,363
At 31 December 2022 68,631 67,695 3,151

TMB Events Ltd (Registered number: 01846652)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 21,697 264,798 1,284,675
Additions - 14,364 14,364
At 31 December 2023 21,697 279,162 1,299,039
DEPRECIATION
At 1 January 2023 16,901 240,650 1,116,254
Charge for year 1,200 9,628 35,421
At 31 December 2023 18,101 250,278 1,151,675
NET BOOK VALUE
At 31 December 2023 3,596 28,884 147,364
At 31 December 2022 4,796 24,148 168,421

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 120,323 104,838 21,697 246,858
DEPRECIATION
At 1 January 2023 55,125 43,033 16,901 115,059
Charge for year 12,016 9,647 1,200 22,863
At 31 December 2023 67,141 52,680 18,101 137,922
NET BOOK VALUE
At 31 December 2023 53,182 52,158 3,596 108,936
At 31 December 2022 65,198 61,805 4,796 131,799

6. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Trade debtors 278,898 581,086
Amounts owed by group undertakings 563,916 539,916
Prepayments & other debtors 56,310 39,829
899,124 1,160,831

TMB Events Ltd (Registered number: 01846652)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

6. DEBTORS - continued
31.12.23 31.12.22
£    £   
Amounts falling due after more than one year:
Tax - 14,903

Aggregate amounts 899,124 1,175,734

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 7,746 43,355
Other loans 92,250 92,250
Hire purchase contracts - 1,134
Trade & other creditors 364,571 546,862
Corporation tax 16,571 -
Social security and other taxes 12,828 9,955
VAT 41,695 88,922
Accruals & deferred income 360,051 661,161
895,712 1,443,639

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years - 4,580
Other loans - 1-2 years 92,250 92,250
Other loans 2-5 years 37,688 126,188
129,938 223,018

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 7,746 47,935
Hire purchase contracts - 1,134
7,746 49,069

10. OTHER FINANCIAL COMMITMENTS

As at 31st December 2023, the company had the following commitments :-

Operating lease for land and buildings, due to expire on 17th February 2028 £40,162 pa

11. RELATED PARTY DISCLOSURES

The company's ultimate controlling party is Mr B Kenworthy.