Company Registration No. 08153808 (England and Wales)
AV Connect Events Limited
Unaudited accounts
for the year ended 31 July 2024
AV Connect Events Limited
Unaudited accounts
Contents
AV Connect Events Limited
Company Information
for the year ended 31 July 2024
Directors
Poppy Morris
Richard David Morris
Company Number
08153808 (England and Wales)
Registered Office
Martins Farmhouse
Connolly Way
Chichester
West Sussex
PO19 6WD
England
AV Connect Events Limited
Statement of financial position
as at 31 July 2024
Tangible assets
37,847
13,547
Cash at bank and in hand
44,648
23,052
Creditors: amounts falling due within one year
(47,134)
(37,819)
Net current assets/(liabilities)
1,814
(12,213)
Total assets less current liabilities
39,661
1,334
Provisions for liabilities
Deferred tax
(7,191)
(1,224)
Called up share capital
100
100
Profit and loss account
32,370
10
Shareholders' funds
32,470
110
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by
Richard David Morris
Director
Company Registration No. 08153808
AV Connect Events Limited
Notes to the Accounts
for the year ended 31 July 2024
AV Connect Events Limited is a private company, limited by shares, registered in England and Wales, registration number 08153808. The registered office is Martins Farmhouse, Connolly Way, Chichester, West Sussex, PO19 6WD, England.
2
Compliance with accounting standards
These financial statements comply with FRS 102 Section 1A.
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.
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.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Tangible fixed assets and depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
33% reducing balance
Motor vehicles
25% reducing balance
Deferred tax has been provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes except that a deferred tax asset is only recognised to the extent that it is recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.
AV Connect Events Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
46,115
17,562
63,677
At 31 July 2024
78,638
17,562
96,200
At 1 August 2023
33,309
16,821
50,130
Charge for the year
8,038
185
8,223
At 31 July 2024
41,347
17,006
58,353
At 31 July 2024
37,291
556
37,847
At 31 July 2023
12,806
741
13,547
Amounts falling due within one year
Accrued income and prepayments
958
607
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,089
15,097
Taxes and social security
25,860
31,931
Loans from directors
8,297
(11,620)
7
Transactions with related parties
The following material transactions with directors and shareholders have not been conducted under normal market conditions:
Interest is not being charged on the director's loans included within creditors.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).