IRIS Accounts Production v24.2.0.383 10931520 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109315202022-12-31109315202023-12-31109315202023-01-012023-12-31109315202021-12-31109315202022-01-012022-12-31109315202022-12-3110931520ns15:EnglandWales2023-01-012023-12-3110931520ns14:PoundSterling2023-01-012023-12-3110931520ns10:Director12023-01-012023-12-3110931520ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110931520ns10:SmallEntities2023-01-012023-12-3110931520ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110931520ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110931520ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110931520ns10:FullAccounts2023-01-012023-12-3110931520ns10:OrdinaryShareClass12023-01-012023-12-3110931520ns10:OrdinaryShareClass22023-01-012023-12-3110931520ns10:Director22023-01-012023-12-3110931520ns10:RegisteredOffice2023-01-012023-12-3110931520ns5:CurrentFinancialInstruments2023-12-3110931520ns5:CurrentFinancialInstruments2022-12-3110931520ns5:Non-currentFinancialInstruments2023-12-3110931520ns5:Non-currentFinancialInstruments2022-12-3110931520ns5:ShareCapital2023-12-3110931520ns5:ShareCapital2022-12-3110931520ns5:RetainedEarningsAccumulatedLosses2023-12-3110931520ns5:RetainedEarningsAccumulatedLosses2022-12-3110931520ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3110931520ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3110931520ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-12-3110931520ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-12-3110931520ns5:Secured2023-12-3110931520ns5:Secured2022-12-3110931520ns10:OrdinaryShareClass12023-12-3110931520ns10:OrdinaryShareClass22023-12-3110931520ns5:RetainedEarningsAccumulatedLosses2022-12-3110931520ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 10931520 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Max Events Properties Ltd

Max Events Properties Ltd (Registered number: 10931520)






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


Max Events Properties Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs S Chamberlain
Mr J D Chamberlain





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY





REGISTERED NUMBER: 10931520 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Max Events Properties Ltd (Registered number: 10931520)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investment property 4 639,453 -

CURRENT ASSETS
Debtors 5 209,335 118,552
Cash at bank 1,632 40,827
210,967 159,379
CREDITORS
Amounts falling due within one year 6 (371,264 ) (27,783 )
NET CURRENT (LIABILITIES)/ASSETS (160,297 ) 131,596
TOTAL ASSETS LESS CURRENT LIABILITIES 479,156 131,596

CREDITORS
Amounts falling due after more than one year 7 (333,469 ) -
NET ASSETS 145,687 131,596

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 145,587 131,496
SHAREHOLDERS' FUNDS 145,687 131,596

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.

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 26 September 2024 and were signed on its behalf by:





Mr J D Chamberlain - Director


Max Events Properties Ltd (Registered number: 10931520)

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

1. STATUTORY INFORMATION

Max Events Properties 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 639,453
At 31 December 2023 639,453
NET BOOK VALUE
At 31 December 2023 639,453

Max Events Properties Ltd (Registered number: 10931520)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 209,000 -
Amounts owed by group undertakings - 118,552
Prepayments 335 -
209,335 118,552

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,092 -
Amounts owed to group undertakings 24,221 -
Tax 15,686 26,708
Directors' current accounts 328,191 224
Accruals 1,074 851
371,264 27,783

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans more 5 yrs non-inst 333,469 -

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 333,469 -

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 333,469 -

The loan is secured by a fixed charge on the investment property as indicated in note 4.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

Max Events Properties Ltd (Registered number: 10931520)

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

10. RESERVES
Retained
earnings
£   

At 1 January 2023 131,496
Profit for the year 14,091
At 31 December 2023 145,587

11. RELATED PARTY DISCLOSURES

As at the balance sheet date, Max Events Properties Ltd owes £24,221 (2022: (£118,552)) to a company with a director & shareholder in common.

No interest is being charged on this loan.