Company Registration No. 12396274 (England and Wales)
EVENTS MEETS WORLD LIMITED
Unaudited accounts
for the year ended 31 January 2024
EVENTS MEETS WORLD LIMITED
Unaudited accounts
Contents
EVENTS MEETS WORLD LIMITED
Company Information
for the year ended 31 January 2024
Director
DALLEY, Adedapo Michael
Company Number
12396274 (England and Wales)
Registered Office
5 SAFFRON CLOSE
MAIDSTONE
ME16 0US
ENGLAND
Accountants
Ease Accounting Associates UK Limited
Chartered Accountants
Base Point Dartford Business Park
54 Victoria Road
DARTFORD
Kent
DA1 5FS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of EVENTS MEETS WORLD LIMITED for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
EVENTS MEETS WORLD LIMITED for the year ended
31 January 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of EVENTS MEETS WORLD LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 August 2021. Our work has been undertaken solely to prepare for your approval the accounts of EVENTS MEETS WORLD LIMITED and state those matters that we have agreed to state to the Board of Directors of EVENTS MEETS WORLD LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EVENTS MEETS WORLD LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EVENTS MEETS WORLD LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of EVENTS MEETS WORLD LIMITED. You consider that EVENTS MEETS WORLD LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EVENTS MEETS WORLD LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ease Accounting Associates UK Limited
Chartered Accountants
Chartered Accountants
Base Point Dartford Business Park
54 Victoria Road
DARTFORD
Kent
DA1 5FS
12 November 2024
EVENTS MEETS WORLD LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
8,688
10,041
Cash at bank and in hand
-
59
Creditors: amounts falling due within one year
(6,749)
(6,749)
Net current assets
39,628
41,059
Total assets less current liabilities
48,316
51,100
Creditors: amounts falling due after more than one year
(44,874)
(44,780)
Called up share capital
100
100
Share premium
24,900
24,900
Profit and loss account
(21,558)
(18,680)
Shareholders' funds
3,442
6,320
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 November 2024 and were signed on its behalf by
DALLEY, Adedapo Michael
Director
Company Registration No. 12396274
EVENTS MEETS WORLD LIMITED
Notes to the Accounts
for the year ended 31 January 2024
EVENTS MEETS WORLD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12396274. The registered office is 5 SAFFRON CLOSE, MAIDSTONE, ME16 0US, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided om a reducing balance basis at the following rates in order to write off the assets over their estimated useful lives:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in shares are included at fair value.
EVENTS MEETS WORLD LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
13,362
3,300
961
17,623
At 31 January 2024
13,362
3,300
1,515
18,177
At 1 February 2023
5,571
1,480
531
7,582
Charge for the year
1,402
328
177
1,907
At 31 January 2024
6,973
1,808
708
9,489
At 31 January 2024
6,389
1,492
807
8,688
At 31 January 2023
7,791
1,820
430
10,041
Amounts falling due within one year
Trade debtors
28,900
28,900
Amounts falling due after more than one year
Other debtors
15,544
16,916
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,999
5,999
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).