Caseware UK (AP4) 2023.0.135 2023.0.135 02023-03-25falseOther business support service activities not elsewhere classified00truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14756426 2023-03-24 14756426 2023-03-25 2024-04-30 14756426 1 2023-03-25 2024-04-30 14756426 2022-03-25 2023-03-24 14756426 2024-04-30 14756426 d:Director3 2023-03-25 2024-04-30 14756426 c:CurrentFinancialInstruments 2024-04-30 14756426 c:CurrentFinancialInstruments c:WithinOneYear 2024-04-30 14756426 c:ShareCapital 2024-04-30 14756426 c:RetainedEarningsAccumulatedLosses 2024-04-30 14756426 d:FRS102 2023-03-25 2024-04-30 14756426 d:AuditExempt-NoAccountantsReport 2023-03-25 2024-04-30 14756426 d:FullAccounts 2023-03-25 2024-04-30 14756426 d:PrivateLimitedCompanyLtd 2023-03-25 2024-04-30 14756426 e:PoundSterling 2023-03-25 2024-04-30 iso4217:GBP xbrli:pure


















Events Group Holdings Limited

(formerly Wavecrest England Limited)






















Unaudited

Financial statements



For the period ended 30 April 2024



Registered number: 14756426

 
Events Group Holdings Limited - Registered number:14756426

Statement of financial position
As at 30 April 2024

2024
2024
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
27,172

  
27,172

Creditors: amounts falling due within one year
 4 
(81,187)

Net current liabilities
  
 
 
(54,015)

Total assets less current liabilities
  
(54,015)

  

Net liabilities
  
(54,015)


Capital and reserves
  

Share capital
  
1

Profit and loss account
  
(54,016)

  
(54,015)


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S E Nielsen
Director

Date: 10 January 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
Events Group Holdings Limited
 

Notes to the financial statements
For the period ended 30 April 2024

1.


General information

Events Group Holdings Limited is a private company limited by shares and is registered in England and Wales. The
registered office and principal place of business of the company is Unit 11, The Edge, Humber Road, London, NW2 6EW. Its company registration number is 14756426.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the parent company that it will continue to give financial support to the company for a period of at least twelve months from the date of signing of these financial statements.
On this basis, the directors considers it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amounts and to provide for any further liabilities which might be necessary should this basis not continue to be appropriate

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 2

 
Events Group Holdings Limited


Notes to the financial statements
For the period ended 30 April 2024

2.Accounting policies (continued)

 
2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Turnover from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors and other third parties and loans to related
parties.


3.


Employees

The average monthly number of employees during the period was nil

Page 3

 
Events Group Holdings Limited
 

Notes to the financial statements
For the period ended 30 April 2024

4.


Creditors: amounts falling due within one year

2024
£

Trade creditors
540

Amounts owed to group undertakings
73,636

Other taxation and social security
794

Accruals
6,217

81,187



5.


Controlling party

The immediate parent and the ultimate controlling party of the company during the period ended 30 April 2024 is Wavecrest Holding A/S.
The smallest and largest group for which consolidated financial statements are prepared, which include the
company, is Wavecrest Holding A/S. Its registered office address is Toldbodgade 18, 1253 Kobenhavn K, Denmark.


Page 4