Caseware UK (AP4) 2023.0.135 2023.0.135 2022-09-302022-09-30falsetrue352021-10-01No description of principal activity0falsefalse 04102946 2021-10-01 2022-09-30 04102946 2022-09-30 04102946 2020-10-01 2021-09-30 04102946 2021-09-30 04102946 2020-10-01 04102946 c:CompanySecretary1 2021-10-01 2022-09-30 04102946 c:Director1 2021-10-01 2022-09-30 04102946 c:Director2 2021-10-01 2022-09-30 04102946 c:RegisteredOffice 2021-10-01 2022-09-30 04102946 d:CurrentFinancialInstruments 2022-09-30 04102946 d:CurrentFinancialInstruments 2021-09-30 04102946 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 04102946 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 04102946 d:ShareCapital 2022-09-30 04102946 d:ShareCapital 2021-09-30 04102946 d:ShareCapital 2020-10-01 04102946 d:SharePremium 2022-09-30 04102946 d:SharePremium 2021-09-30 04102946 d:SharePremium 2020-10-01 04102946 d:CapitalRedemptionReserve 2022-09-30 04102946 d:CapitalRedemptionReserve 2021-09-30 04102946 d:CapitalRedemptionReserve 2020-10-01 04102946 d:ForeignCurrencyTranslationReserve 2021-10-01 2022-09-30 04102946 d:ForeignCurrencyTranslationReserve 2022-09-30 04102946 d:ForeignCurrencyTranslationReserve 2020-10-01 2021-09-30 04102946 d:ForeignCurrencyTranslationReserve 2021-09-30 04102946 d:ForeignCurrencyTranslationReserve 2020-10-01 04102946 d:RetainedEarningsAccumulatedLosses 2021-10-01 2022-09-30 04102946 d:RetainedEarningsAccumulatedLosses 2022-09-30 04102946 d:RetainedEarningsAccumulatedLosses 2020-10-01 2021-09-30 04102946 d:RetainedEarningsAccumulatedLosses 2021-09-30 04102946 d:RetainedEarningsAccumulatedLosses 2020-10-01 04102946 c:EntityNoLongerTradingButTradedInPast 2021-10-01 2022-09-30 04102946 c:FRS102 2021-10-01 2022-09-30 04102946 c:Audited 2021-10-01 2022-09-30 04102946 c:FullAccounts 2021-10-01 2022-09-30 04102946 c:PrivateLimitedCompanyLtd 2021-10-01 2022-09-30 04102946 c:SmallCompaniesRegimeForAccounts 2021-10-01 2022-09-30 04102946 e:PoundSterling 2021-10-01 2022-09-30 iso4217:GBP xbrli:pure
Company registration number: 04102946







FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2022


ICM CONFERENCES ESPANA LIMITED




































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ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)
 


 
COMPANY INFORMATION


Directors
S Mifsud 
M Van Os 




Company secretary
M P Studd



Registered number
04102946



Registered office
Magnus House
7th Floor

3 Lower Thames Street

London

EC3R 6HE




Independent auditors
Menzies LLP
Chartered Accountants & Statutory Auditor

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)
 



CONTENTS



Page
Statement of Financial Position
1
Statement of Changes in Equity
2
Notes to the Financial Statements
3 - 5


 


ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)
REGISTERED NUMBER:04102946



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
75,418
88,705

  
75,418
88,705

Creditors: amounts falling due within one year
 5 
(5,657,509)
(5,436,904)

Net current liabilities
  
 
 
(5,582,091)
 
 
(5,348,199)

Total assets less current liabilities
  
(5,582,091)
(5,348,199)

  

Net liabilities
  
(5,582,091)
(5,348,199)


Capital and reserves
  

Called up share capital 
  
501
501

Share premium account
  
398,388
398,388

Capital redemption reserve
  
189,223
189,223

Foreign exchange reserve
  
(268,373)
(140,925)

Profit and loss account
  
(5,901,830)
(5,795,386)

  
(5,582,091)
(5,348,199)


The company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


................................................
M Van Os
Director
Date: 17 September 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 1


 
ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2022



Called up share capital
Share premium account
Capital redemption reserve
Foreign exchange reserve
Profit and loss account
Total equity


£
£
£
£
£
£



At 1 October 2020
501
398,388
189,223
(411,577)
(5,116,655)
(4,940,120)



Comprehensive income for the year


Loss for the year
-
-
-
-
(678,731)
(678,731)


Currency translation differences
-
-
-
270,652
-
270,652





At 1 October 2021
501
398,388
189,223
(140,925)
(5,795,386)
(5,348,199)



Comprehensive income for the year


Loss for the year
-
-
-
-
(106,444)
(106,444)


Currency translation differences
-
-
-
(127,448)
-
(127,448)



At 30 September 2022
501
398,388
189,223
(268,373)
(5,901,830)
(5,582,091)



The notes on pages 3 to 5 form part of these financial statements.

Page 2

 


ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

1.


General information

ICM Conferences Espana Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is Magnus House, 7th Floor, 3 Lower Thames Street, London, United Kingdom, EC3R 6HE. Its principal place of business is C/Rosario Pino, 61A, Madrid, 28020, Spain. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

Company has net liabilities of £5,582,091 (2021 - £5,348,199) however within total liabilities of £5,657,509 there are intercompany creditors of £4,849,056.

Management made the decision to cease trading from 30 November 2021.
 
As such, the financial statements have been prepared on the basis other than going concern.
 
 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional currency is the Euro,  being the currency of the primary economic environment in which the company operates. The company's presentational currency is GBP

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.4

Revenue

Revenue arises from the provision of services in respect of management and arrangement of conferences. Revenue is measured at the fair value of the consideration received or receivable and represents amounts for the provision of services in the normal course of business, net of discounts and other sales related taxes.
Revenue is recognised at the completion of the conference, until which point the amounts invoices are recorded as deferred income.

Page 3

 


ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

2.Accounting policies (continued)

  
2.5

Event related expenses

Directly attributable event expenses are recognised in the year in which the event has been completed. Expenses that relate to an event taking place in a subsequent financial year but paid prior to the year end are recorded as prepayments in the statement of financial position.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans
to related parties and investments in ordinary shares.

 
2.7

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.


3.


Employees

The average monthly number of employees during the year was 3 (2021 - 29).


4.


Debtors

2022
2021
£
£


Other debtors
75,418
88,705

75,418
88,705



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
37,045
32,106

Amounts owed to group undertakings
4,849,056
4,643,603

Other taxation and social security
768,591
698,862

Other creditors
2,817
62,333

5,657,509
5,436,904


Page 4

 


ICM CONFERENCES ESPANA LIMITED (PREVIOUSLY MARCUS EVANS (ESPANA) LIMITED)
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2022

6.


Parent company

The parent company of the smallest and largest group of which the company is a member and for which group accounts are prepared is Marcus Evans Conferences Ltd, the address of its registered office is Magnus House, 7th Floor, 3 Lower Thames Street, London, EC3R 6HE. 


7.


Auditors' information

The auditors' report on the financial statements for the year ended 30 September 2022 was unqualified.

The audit report was signed on 17 September 2024 by Andrew Cook FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

 
Page 5