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REGISTERED NUMBER: 08810337 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Sabre Event Graphics Ltd

Sabre Event Graphics Ltd (Registered number: 08810337)






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


Sabre Event Graphics Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr D R Jackson
Mr G A T Jones





REGISTERED OFFICE: Unit 77 Ground Floor 17 Bowater Road
Westminster Industrial Estate
London
SE18 5TF





REGISTERED NUMBER: 08810337 (England and Wales)





ACCOUNTANTS: Wolfson Associates Limited
1st Floor
314 Regents Park Road
Finchley
London
N3 2LT

Sabre Event Graphics Ltd (Registered number: 08810337)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 136,926 173,560

CURRENT ASSETS
Stocks 5 53,514 31,090
Debtors 6 394,883 252,088
Cash at bank 309,029 356,699
757,426 639,877
CREDITORS
Amounts falling due within one year 7 335,691 262,608
NET CURRENT ASSETS 421,735 377,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

558,661

550,829

CREDITORS
Amounts falling due after more than one
year

8

(125

)

(49,196

)

PROVISIONS FOR LIABILITIES 11 (32,459 ) (32,976 )
NET ASSETS 526,077 468,657

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 525,977 468,557
526,077 468,657

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 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.

Sabre Event Graphics Ltd (Registered number: 08810337)

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 Board of Directors and authorised for issue on 9 May 2024 and were signed on its behalf by:




Mr D R Jackson - Director



Mr G A T Jones - Director


Sabre Event Graphics Ltd (Registered number: 08810337)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Sabre Event Graphics 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Judgements
The directors consider that there are no key judgements that management have made in the process of applying the company's accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
* the amount of revenue can be reliably measured;
* it its probable that future economic benefits will flow to entity and
* specific criteria have been met for each of the company's activities.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measure at amortised costs using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.


Sabre Event Graphics Ltd (Registered number: 08810337)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss account on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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 12 (2022 - 9 ) .

Sabre Event Graphics Ltd (Registered number: 08810337)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 177,904 312,748 623 30,978 522,253
Additions - 95 - 11,062 11,157
At 31 December 2023 177,904 312,843 623 42,040 533,410
DEPRECIATION
At 1 January 2023 137,682 190,407 224 20,380 348,693
Charge for year 10,055 30,609 80 7,047 47,791
At 31 December 2023 147,737 221,016 304 27,427 396,484
NET BOOK VALUE
At 31 December 2023 30,167 91,827 319 14,613 136,926
At 31 December 2022 40,222 122,341 399 10,598 173,560

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 53,514 31,090

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 356,334 216,855
Other debtors 11,187 1,050
Prepayments and accrued income 27,362 34,183
394,883 252,088

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts (see note 9) 52,883 52,883
Trade creditors 102,957 66,740
Tax 73,886 62,317
Social security and other taxes 13,697 1,821
VAT 50,326 46,689
Other creditors 3,795 3,450
Directors' current accounts 1,478 854
Accruals and deferred income 36,669 27,854
335,691 262,608

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans (see note 9) 125 49,196

Sabre Event Graphics Ltd (Registered number: 08810337)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

9. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 52,883 52,883

Amounts falling due between one and two years:
Bank loans more than 1 year 125 49,196

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 30,530 18,569
Between one and five years 103,635 122,120
In more than five years - 11,961
134,165 152,650

The company renewed lease commitment on 24 May 2023 for 5 years evenly at £30,530 per annum. The lease term expires on 23 May 2028.

11. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 32,459 32,976

Deferred
tax
£   
Balance at 1 January 2023 32,976
Provided during year (517 )
Balance at 31 December 2023 32,459

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mr D R Jackson
Balance outstanding at start of year (75 ) (1,163 )
Amounts repaid (311 ) 1,088
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (386 ) (75 )

Sabre Event Graphics Ltd (Registered number: 08810337)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr G A T Jones
Balance outstanding at start of year (780 ) (3,197 )
Amounts repaid (312 ) 2,417
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,092 ) (780 )

13. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors by the virtue of their shareholdings.