1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-03-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 07943129 2023-03-01 2024-02-29 07943129 2024-02-29 07943129 2023-02-28 07943129 2022-03-01 2023-02-28 07943129 2023-02-28 07943129 2022-02-28 07943129 core:FurnitureFittings 2023-03-01 2024-02-29 07943129 core:MotorVehicles 2023-03-01 2024-02-29 07943129 bus:Director1 2023-03-01 2024-02-29 07943129 core:FurnitureFittings 2023-02-28 07943129 core:MotorVehicles 2023-02-28 07943129 core:FurnitureFittings 2024-02-29 07943129 core:MotorVehicles 2024-02-29 07943129 core:WithinOneYear 2024-02-29 07943129 core:WithinOneYear 2023-02-28 07943129 core:AfterOneYear 2024-02-29 07943129 core:AfterOneYear 2023-02-28 07943129 core:ShareCapital 2024-02-29 07943129 core:ShareCapital 2023-02-28 07943129 core:RetainedEarningsAccumulatedLosses 2024-02-29 07943129 core:RetainedEarningsAccumulatedLosses 2023-02-28 07943129 core:FurnitureFittings 2023-02-28 07943129 core:MotorVehicles 2023-02-28 07943129 bus:SmallEntities 2023-03-01 2024-02-29 07943129 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 07943129 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07943129 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07943129 bus:FullAccounts 2023-03-01 2024-02-29
COMPANY REGISTRATION NUMBER: 07943129
19 EVENTS LONDON LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
29 February 2024
19 EVENTS LONDON LIMITED
STATEMENT OF FINANCIAL POSITION
29 February 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
13,902
19,498
CURRENT ASSETS
Debtors
6
9,896
17,067
Cash at bank and in hand
1,325
1,693
--------
--------
11,221
18,760
CREDITORS: amounts falling due within one year
7
109,169
82,458
---------
--------
NET CURRENT LIABILITIES
97,948
63,698
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 84,046)
( 44,200)
CREDITORS: amounts falling due after more than one year
8
9,801
11,701
--------
--------
NET LIABILITIES
( 93,847)
( 55,901)
--------
--------
CAPITAL AND RESERVES
Called up share capital
1
1
Profit and loss account
( 93,848)
( 55,902)
--------
--------
SHAREHOLDERS DEFICIT
( 93,847)
( 55,901)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
19 EVENTS LONDON LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
29 February 2024
These financial statements were approved by the board of directors and authorised for issue on 15 November 2024 , and are signed on behalf of the board by:
Ms G M Hoffman
Director
Company registration number: 07943129
19 EVENTS LONDON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 29 FEBRUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5-6 Bolsover House, Clipstone Street, London, W1W 6BB.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company currently meets its daily working capital requirements through operating revenues and financial support from the director and creditors. On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise any additional finance that may prove necessary.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
33% straight line
Motor vehicles
-
25% reducing balance
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. TANGIBLE ASSETS
Fixtures and fittings
Motor vehicles
Total
£
£
£
Cost
At 1 March 2023 and 29 February 2024
12,179
25,990
38,169
--------
--------
--------
Depreciation
At 1 March 2023
10,549
8,122
18,671
Charge for the year
1,129
4,467
5,596
--------
--------
--------
At 29 February 2024
11,678
12,589
24,267
--------
--------
--------
Carrying amount
At 29 February 2024
501
13,401
13,902
--------
--------
--------
At 28 February 2023
1,630
17,868
19,498
--------
--------
--------
6. DEBTORS
2024
2023
£
£
Trade debtors
7,687
14,666
Other debtors
2,209
2,401
-------
--------
9,896
17,067
-------
--------
7. CREDITORS: amounts falling due within one year
2024
2023
£
£
Social security and other taxes
6,317
7,445
Other creditors
102,852
75,013
---------
--------
109,169
82,458
---------
--------
Included within other creditors are amounts totalling £1,901 (2023 - £2,717) relating to hire purchase agreements which are secured by the company.
8. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Other creditors
9,801
11,701
-------
--------
Included within other creditors are amounts totalling £9,801 (2023 - £11,701) relating to hire purchase agreements which are secured by the company.
9. RELATED PARTY TRANSACTIONS
During the year the company undertook the following transactions with related parties: The director has advanced monies to the company. At 28 February 2024 the amount due from the company was £ 98,744 (2023 - £ 72,279 ). The loan is unsecured and interest free.
10. GOING CONCERN
The director has considered the period to 30 November 2025 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to satisfy its liabilities as these become payable, or alternatively will be sold as a going concern.