A&M Marquees/Events Ltd 4256745 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is marquee hire Digita Accounts Production Advanced 6.30.9574.0 true true 4256745 2023-03-01 2024-02-29 4256745 2024-02-29 4256745 bus:CompanySecretaryDirector1 1 2024-02-29 4256745 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2024-02-29 4256745 core:CurrentFinancialInstruments 2024-02-29 4256745 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 4256745 core:Non-currentFinancialInstruments core:AfterOneYear 2024-02-29 4256745 core:FurnitureFittingsToolsEquipment 2024-02-29 4256745 core:MotorVehicles 2024-02-29 4256745 core:OtherPropertyPlantEquipment 2024-02-29 4256745 bus:SmallEntities 2023-03-01 2024-02-29 4256745 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 4256745 bus:FilletedAccounts 2023-03-01 2024-02-29 4256745 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 4256745 bus:RegisteredOffice 2023-03-01 2024-02-29 4256745 bus:CompanySecretaryDirector1 2023-03-01 2024-02-29 4256745 bus:CompanySecretaryDirector1 1 2023-03-01 2024-02-29 4256745 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-03-01 2024-02-29 4256745 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 4256745 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-02-29 4256745 core:MotorVehicles 2023-03-01 2024-02-29 4256745 core:OtherPropertyPlantEquipment 2023-03-01 2024-02-29 4256745 core:PlantMachinery 2023-03-01 2024-02-29 4256745 countries:AllCountries 2023-03-01 2024-02-29 4256745 2023-02-28 4256745 bus:CompanySecretaryDirector1 1 2023-02-28 4256745 core:FurnitureFittingsToolsEquipment 2023-02-28 4256745 core:MotorVehicles 2023-02-28 4256745 core:OtherPropertyPlantEquipment 2023-02-28 4256745 2022-03-01 2023-02-28 4256745 2023-02-28 4256745 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2023-02-28 4256745 core:CurrentFinancialInstruments 2023-02-28 4256745 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 4256745 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 4256745 core:FurnitureFittingsToolsEquipment 2023-02-28 4256745 core:MotorVehicles 2023-02-28 4256745 core:OtherPropertyPlantEquipment 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 4256745

A&M Marquees/Events Ltd

Unaudited Filleted Abridged Financial Statements

for the Year Ended 29 February 2024

 

A&M Marquees/Events Ltd

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 9

 

A&M Marquees/Events Ltd

(Registration number: 4256745)
Abridged Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

226,752

195,447

Current assets

 

Debtors

254,354

221,290

Cash at bank and in hand

 

32,329

149,723

 

286,683

371,013

Creditors: Amounts falling due within one year

(302,013)

(323,440)

Net current (liabilities)/assets

 

(15,330)

47,573

Total assets less current liabilities

 

211,422

243,020

Creditors: Amounts falling due after more than one year

(10,875)

(15,775)

Provisions for liabilities

(40,682)

(42,315)

Accruals and deferred income

 

(2,171)

(2,171)

Net assets

 

157,694

182,759

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

157,594

182,659

Shareholders' funds

 

157,694

182,759

For the financial 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 accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

 

A&M Marquees/Events Ltd

(Registration number: 4256745)
Abridged Balance Sheet as at 29 February 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 November 2024
 

.........................................
Mr M D Bolland
Company secretary and director

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England .

The address of its registered office is:
Hylands, Mobberley Road
Knutsford
Cheshire
WA16 8EF

The principal place of business is:
Park Farm
Whatcroft
Northwich
Cheshire
WA16 8EF
United Kingdom

These financial statements were authorised for issue by the director on 29 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Other tangibles

20% straight line

Motor vehicles

25% straight line

Furniture & fittings

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 13 (2023 - 10).

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2023

8,792

166,702

472,574

648,068

Additions

11,381

32,549

46,340

90,270

At 29 February 2024

20,173

199,251

518,914

738,338

Depreciation

At 1 March 2023

7,863

94,636

351,679

454,178

Charge for the year

-

9,810

47,598

57,408

At 29 February 2024

7,863

104,446

399,277

511,586

Carrying amount

At 29 February 2024

12,310

94,805

119,637

226,752

At 28 February 2023

2,486

72,066

120,895

195,447

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

6

Related party transactions

During the year the company made advances to the director of the company, there were no conditions attached to the loan which was interest free.

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

Transactions with the director

2024

At 1 March 2023
£

Advances to director
£

At 29 February 2024
£

Mr M D Bolland

Loan

-

7,577

7,577

 

A&M Marquees/Events Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 29 February 2024

Director's remuneration

The director's remuneration for the year was as follows:

2024
£

2023
£

Remuneration

12,570

12,570