UK EVENTS (NW) GROUP LTD

Company Registration Number:
08254556 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

UK EVENTS (NW) GROUP LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

UK EVENTS (NW) GROUP LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 645,161 265,498
Total fixed assets: 645,161 265,498
Current assets
Debtors:   100,199 63,626
Cash at bank and in hand: 37,848 5,472
Total current assets: 138,047 69,098
Creditors: amounts falling due within one year:   (625,040) (406,428)
Net current assets (liabilities): (486,993) (337,330)
Total assets less current liabilities: 158,168 (71,832)
Creditors: amounts falling due after more than one year:   (248,466) (100,000)
Total net assets (liabilities): (90,298) (171,832)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (90,299) (171,833)
Shareholders funds: (90,298) (171,832)

The notes form part of these financial statements

UK EVENTS (NW) GROUP LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: VHG Harper and JW McMahon
Status: Director

The notes form part of these financial statements

UK EVENTS (NW) GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and/or services rendered during the year, stated net of discounts and of Value Added Tax. Revenue is recognised when the significant risks and rewards of ownership have transferred to the customer.

Tangible fixed assets and depreciation policy

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: Plant and machinery - 20% reducing balance Fittings fixtures and equipment - 10% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

UK EVENTS (NW) GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 12 13

UK EVENTS (NW) GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 298,914
Additions 517,210
Disposals (56,202)
At 28 February 2024 759,922
Depreciation
At 01 March 2023 33,416
Charge for year 81,345
At 28 February 2024 114,761
Net book value
At 28 February 2024 645,161
At 28 February 2023 265,498

UK EVENTS (NW) GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Related party transactions

The company is controlled by J. W. McMahon and V. H. G. Harper, who are the controlling shareholders of the holding company UK Effects.co.uk Ltd, company number 06113115.