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REGISTERED NUMBER: 09964517 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

EVENT CORP LEISURE LTD

EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EVENT CORP LEISURE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr. J W Sweetnam





SECRETARY: Mr. J W Sweetnam





REGISTERED OFFICE: Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU





REGISTERED NUMBER: 09964517 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 573,043 650,453

CURRENT ASSETS
Stocks 8,000 10,000
Debtors 5 94,907 263,934
Cash at bank and in hand 13,383 11,105
116,290 285,039
CREDITORS
Amounts falling due within one year 6 765,323 504,245
NET CURRENT LIABILITIES (649,033 ) (219,206 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(75,990

)

431,247

CREDITORS
Amounts falling due after more than
one year

7

(387,565

)

(434,960

)

PROVISIONS FOR LIABILITIES (10,482 ) (25,180 )
NET LIABILITIES (474,037 ) (28,893 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Share premium 99,990 99,990
Retained earnings (574,127 ) (128,983 )
SHAREHOLDERS' FUNDS (474,037 ) (28,893 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)

BALANCE SHEET - continued
31 JANUARY 2024


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 29 October 2024 and were signed by:





Mr. J W Sweetnam - Director


EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Event Corp Leisure 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

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.

Going concern policy
These financial statements have been prepared on the going concern basis on the understanding that the directors and shareholders will continue to be able to financially support the company

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 25 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 517,046 396,567 303,719 21,633 1,238,965
Additions - 240 370 150 760
At 31 January 2024 517,046 396,807 304,089 21,783 1,239,725
DEPRECIATION
At 1 February 2023 - 305,263 264,199 19,048 588,510
Charge for year - 52,659 24,318 1,195 78,172
At 31 January 2024 - 357,922 288,517 20,243 666,682
NET BOOK VALUE
At 31 January 2024 517,046 38,885 15,572 1,540 573,043
At 31 January 2023 517,046 91,304 39,520 2,585 650,455

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors - 20,338
Other debtors 94,907 243,596
94,907 263,934

EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts (see note 8)
66,173

98,524
Trade creditors 214,375 149,949
Taxation and social security 346,388 235,106
Other creditors 138,387 20,666
765,323 504,245

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans (see note 8) 387,565 434,960

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 221,264 247,928

8. LOANS

An analysis of the maturity of loans is given below:

31.1.24 31.1.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 66,173 98,524

Amounts falling due between two and five years:
Bank loans - 2-5 years 166,301 187,032

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 221,264 247,928

National Westminster Bank PLC has a legal charge over the Freehold Property.

EVENT CORP LEISURE LTD (REGISTERED NUMBER: 09964517)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1.00 100 100

10. RELATED PARTY DISCLOSURES

The director maintains an interest free loan with the company. At the year end the company owed the director £115,0053 (2023: £Nil).

Entace Limited, a company with directors and shareholders in common, owes the company £14,346 (2023: 148,056) at the year end.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director and shareholder.