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REGISTERED NUMBER: 07829190 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024

FOR

WHITE EVENT PRODUCTION LTD

WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE EVENT PRODUCTION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 MARCH 2024







DIRECTORS: B W Carter
S E Allen





REGISTERED OFFICE: 4 Danbury Court
Linford Wood
Milton Keynes
Buckinghamshire
MK14 6PL





REGISTERED NUMBER: 07829190 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

BALANCE SHEET
30 MARCH 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 918,468 758,512
Investments 5 1 -
918,469 758,512

CURRENT ASSETS
Debtors 6 311,329 278,329
Cash at bank and in hand 180,799 356,114
492,128 634,443
CREDITORS
Amounts falling due within one year 7 381,860 450,949
NET CURRENT ASSETS 110,268 183,494
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,028,737

942,006

CREDITORS
Amounts falling due after more than one
year

8

(466,380

)

(423,722

)

PROVISIONS FOR LIABILITIES (72,534 ) (51,301 )
NET ASSETS 489,823 466,983

CAPITAL AND RESERVES
Called up share capital 9 2 1
Retained earnings 489,821 466,982
SHAREHOLDERS' FUNDS 489,823 466,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2024 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.

WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

BALANCE SHEET - continued
30 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





B W Carter - Director


WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024


1. STATUTORY INFORMATION

White Event Production 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on cost
Plant and machinery - at varying rates on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

FINANCIAL INSTRUMENTS
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


2. ACCOUNTING POLICIES - continued

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

FOREIGN CURRENCIES
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Improvements Plant and and Motor
to property machinery fittings vehicles Totals
£ £ £ £ £
COST
At 31 March 2023 17,326 918,255 - 283,650 1,219,231
Additions - 213,494 1,102 293,642 508,238
Disposals - (6,179 ) - (217,157 ) (223,336 )
At 30 March 2024 17,326 1,125,570 1,102 360,135 1,504,133
DEPRECIATION
At 31 March 2023 17,326 303,918 - 139,475 460,719
Charge for year - 203,725 205 60,848 264,778
Eliminated on disposal - (3,801 ) - (136,031 ) (139,832 )
At 30 March 2024 17,326 503,842 205 64,292 585,665
NET BOOK VALUE
At 30 March 2024 - 621,728 897 295,843 918,468
At 30 March 2023 - 614,337 - 144,175 758,512

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
Additions 1
At 30 March 2024 1
NET BOOK VALUE
At 30 March 2024 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 176,965 216,682
Other debtors 134,364 61,647
311,329 278,329

WHITE EVENT PRODUCTION LTD (REGISTERED NUMBER: 07829190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 89,796 94,049
Hire purchase contracts 139,811 140,267
Trade creditors 44,480 75,840
Taxation and social security 66,199 16,683
Other creditors 41,574 124,110
381,860 450,949

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 72,447 125,500
Hire purchase contracts 393,933 298,222
466,380 423,722

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
2 Ordinary 1 2 1

1 Ordinary share of 1 was issued during the year for cash of £ 1 .

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 March 2024 and 30 March 2023:

2024 2023
£ £
B W Carter
Balance outstanding at start of year 9,363 (9 )
Amounts advanced 42,054 53,184
Amounts repaid (51,850 ) (43,812 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (433 ) 9,363