INDEPENDENT EVENTS GROUP LTD
Company registration number 05797592 (England and Wales)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
INDEPENDENT EVENTS GROUP LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
INDEPENDENT EVENTS GROUP LTD
BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
300
300
Current assets
Debtors
4
23,495
23,495
Creditors: amounts falling due within one year
5
(300)
(300)
Net current assets
23,195
23,195
Net assets
23,495
23,495
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
22,495
22,495
Total equity
23,495
23,495

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

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 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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 23 January 2025 and are signed on its behalf by:
Miss S E Reynolds
Director
Company registration number 05797592 (England and Wales)
INDEPENDENT EVENTS GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 2 -
1
Accounting policies
Company information

Independent Events Group Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Technology House, Halesfield 7, Telford, Shropshire, TF7 4NA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

INDEPENDENT EVENTS GROUP LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Fixed asset investments
2024
2023
£
£
Other investments other than loans
300
300
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
22,495
22,495
Other debtors
1,000
1,000
23,495
23,495
5
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
300
300
2024-04-302023-05-01falsefalsetrue23 January 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityMr S G HallsworthMs S E ReynoldsMiss S E Reynolds057975922023-05-012024-04-30057975922024-04-30057975922023-04-3005797592core:CurrentFinancialInstrumentscore:WithinOneYear2024-04-3005797592core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-3005797592core:ShareCapital2024-04-3005797592core:ShareCapital2023-04-3005797592core:RetainedEarningsAccumulatedLosses2024-04-3005797592core:RetainedEarningsAccumulatedLosses2023-04-3005797592bus:CompanySecretaryDirector12023-05-012024-04-30057975922022-05-012023-04-3005797592core:CurrentFinancialInstruments2023-04-3005797592core:WithinOneYear2024-04-3005797592core:WithinOneYear2023-04-3005797592core:CurrentFinancialInstruments2024-04-3005797592bus:EntityHasNeverTraded2023-05-012024-04-3005797592bus:PrivateLimitedCompanyLtd2023-05-012024-04-3005797592bus:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005797592bus:FRS1022023-05-012024-04-3005797592bus:AuditExemptWithAccountantsReport2023-05-012024-04-3005797592bus:Director12023-05-012024-04-3005797592bus:Director22023-05-012024-04-3005797592bus:CompanySecretary12023-05-012024-04-3005797592bus:FullAccounts2023-05-012024-04-30xbrli:purexbrli:sharesiso4217:GBP