Registered number
07154497
Events Digital Limited
Filleted Accounts
28 February 2024
Events Digital Limited
Registered number: 07154497
Balance Sheet
as at 28 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 2 2,236 2,518
2,236 2,518
Current assets
Debtors 3 178 690
Cash at bank and in hand 510 395
688 1,085
Creditors: amounts falling due within one year 4 (5,485) (3,065)
Net current liabilities (4,797) (1,980)
Total assets less current liabilities (2,561) 538
Net (liabilities)/assets (2,561) 538
Capital and reserves
Called up share capital 10 10
Profit and loss account (2,571) 528
Shareholder's funds (2,561) 538
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Daniel Ainsworth
Director
Approved by the board on 16 October 2024
Events Digital Limited
Notes to the Accounts
for the year ended 28 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 March 2023 - 9,785 - 9,785
Additions - 499 - 499
Surplus on revaluation - - - -
Disposals - - - -
At 28 February 2024 - 10,284 - 10,284
Depreciation
At 1 March 2023 - 7,267 - 7,267
Charge for the year - 781 - 781
Surplus on revaluation - - - -
On disposals - - - -
At 28 February 2024 - 8,048 - 8,048
Net book value
At 28 February 2024 - 2,236 - 2,236
At 28 February 2023 - 2,518 - 2,518
3 Debtors 2024 2023
£ £
Trade debtors - -
Other debtors 178 690
178 690
Amounts due after more than one year included above - -
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 738 886
Taxation and social security costs -
Other creditors 4,747 2,179
5,485 3,065
5 Related party transactions
There were no related party disclosures.
6 Controlling party
The ultimate controlling party is Mr D Ainsworth by virtue of his shareholding.
7 Other information
Events Digital Limited is a private company limited by shares and incorporated in England. Its registered office is:
c/o MTM 3rd Floor
82 King Street
Manchester
Greater Manchester
M2 4WQ
8 Employees
The average number of employees was : 0
Events Digital Limited 07154497 false 2023-03-01 2024-02-28 2024-02-28 VT Final Accounts July 2024 Mr Daniel Ainsworth No description of principal activity 07154497 core:WithinOneYear 2023-02-28 07154497 core:ShareCapital 2023-02-28 07154497 core:RetainedEarningsAccumulatedLosses 2023-02-28 07154497 core:AfterOneYear 2023-02-28 07154497 2023-03-01 2024-02-28 07154497 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 07154497 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 07154497 bus:Director40 2023-03-01 2024-02-28 07154497 1 2023-03-01 2024-02-28 07154497 2 2023-03-01 2024-02-28 07154497 core:LandBuildings 2023-03-01 2024-02-28 07154497 core:PlantMachinery 2023-03-01 2024-02-28 07154497 core:Vehicles 2023-03-01 2024-02-28 07154497 countries:England 2023-03-01 2024-02-28 07154497 bus:FRS102 2023-03-01 2024-02-28 07154497 bus:FilletedAccounts 2023-03-01 2024-02-28 07154497 2024-02-28 07154497 core:WithinOneYear 2024-02-28 07154497 core:ShareCapital 2024-02-28 07154497 core:RetainedEarningsAccumulatedLosses 2024-02-28 07154497 core:LandBuildings 2024-02-28 07154497 core:PlantMachinery 2024-02-28 07154497 core:Vehicles 2024-02-28 07154497 core:AfterOneYear 2024-02-28 07154497 2023-02-28 07154497 core:LandBuildings 2023-02-28 07154497 core:PlantMachinery 2023-02-28 07154497 core:Vehicles 2023-02-28 iso4217:GBP xbrli:pure