Caseware UK (AP4) 2023.0.135 2023.0.135 2022-09-302022-09-30falsefalseNo description of principal activity32022-03-040true 13954433 2022-03-03 13954433 2022-03-04 2022-09-30 13954433 2020-10-01 2022-03-03 13954433 2022-09-30 13954433 c:Director3 2022-03-04 2022-09-30 13954433 d:CurrentFinancialInstruments 2022-09-30 13954433 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 13954433 d:ShareCapital 2022-03-04 2022-09-30 13954433 d:ShareCapital 2022-09-30 13954433 d:ForeignCurrencyTranslationReserve 2022-03-04 2022-09-30 13954433 d:ForeignCurrencyTranslationReserve 2022-09-30 13954433 d:RetainedEarningsAccumulatedLosses 2022-03-04 2022-09-30 13954433 d:RetainedEarningsAccumulatedLosses 2022-09-30 13954433 c:FRS102 2022-03-04 2022-09-30 13954433 c:Audited 2022-03-04 2022-09-30 13954433 c:FullAccounts 2022-03-04 2022-09-30 13954433 c:PrivateLimitedCompanyLtd 2022-03-04 2022-09-30 13954433 c:SmallCompaniesRegimeForAccounts 2022-03-04 2022-09-30 13954433 e:PoundSterling 2022-03-04 2022-09-30 iso4217:GBP xbrli:pure
Company registration number: 13954433







FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 SEPTEMBER 2022


MARCUS EVANS SUMMITS GERMANY LTD






































img645e.png                        

 


MARCUS EVANS SUMMITS GERMANY LTD
REGISTERED NUMBER:13954433



STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2022

2022
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
132,897

  
132,897

Creditors: amounts falling due within one year
 5 
(260,712)

Net current (liabilities)/assets
  
 
 
(127,815)

Total assets less current liabilities
  
(127,815)

  

Net (liabilities)/assets
  
(127,815)


Capital and reserves
  

Called up share capital 
  
100

Foreign exchange reserve
  
(3,578)

Profit and loss account
  
(124,337)

  
(127,815)


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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 on 9 October 2024.




................................................
M Van Os
Director

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

Page 1

 


MARCUS EVANS SUMMITS GERMANY LTD
 



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


Called up share capital
Foreign exchange reserve
Profit and loss account
Total equity

£
£
£
£



Comprehensive income for the period

Loss for the period
-
-
(124,337)
(124,337)

Currency translation differences
-
(3,578)
-
(3,578)


Contributions by and distributions to owners

Shares issued during the period
100
-
-
100


At 30 September 2022
100
(3,578)
(124,337)
(127,815)


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

Page 2

 


MARCUS EVANS SUMMITS GERMANY LTD
 


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

1.


General information

Marcus Evans Summits Germany Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is Magna House, 7th Floor, 3 Lower Thames Street, London, EC3R 6HE. Its principal place of business is Axel-Springer-Strasse 54b, 10117 Berlin, Germany. 
The company incorporated on 4 March 2022 and commenced trading from this date. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

Company has net liabilities of £127,815 for its first period of trading to 30 September 2022., which was expected due to the entity being in its infancy. 
Marcus Evans Holdings (IOM) Ltd has confirmed that it will currently continue to provide financial resources as may be required for the Company to meet its financial commitments as they fall due for at least twelve months from the date of approval of these financial statements.
At the time of approving the financial statements, the directors have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and Company also has group financial support available in case of financial difficulties. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

 
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

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 finanicial year but not paid prior to the year end are recorded as prepayments in the statement of financial position.

Page 3

 


MARCUS EVANS SUMMITS GERMANY LTD
 


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

2.Accounting policies (continued)

 
2.5

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.


3.


Employees

The average monthly number of employees during the period was 3.


4.


Debtors

2022
£


Trade debtors
52,112

Amounts owed by group undertakings
53,807

Called up share capital not paid
100

Prepayments and accrued income
26,878

132,897



5.


Creditors: Amounts falling due within one year

2022
£

Other taxation and social security
8,349

Other creditors
6,691

Accruals and deferred income
245,672

260,712



6.


Controlling party

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. 

Page 4

 


MARCUS EVANS SUMMITS GERMANY LTD
 


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

7.


Auditors' information

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

The audit report was signed on 9 October 2024 by Andrew Cook FCA (Senior statutory auditor) on behalf of Menzies LLP.

 
Page 5