HIGH GAIN EVENT SERVICES C.I.C.

Company limited by guarantee

Company Registration Number:
07892080 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

HIGH GAIN EVENT SERVICES C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HIGH GAIN EVENT SERVICES C.I.C.

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Samuel Albrow
Jamie Friday
Thomas Viney
Edward Mackie


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 January 2025

And signed on behalf of the board by:
Name: Jamie Friday
Status: Director

HIGH GAIN EVENT SERVICES C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 41,572 38,016
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 41,572 38,016
Current assets
Stocks:   0 0
Debtors: 4 2,318 4,368
Cash at bank and in hand: 17,710 12,859
Investments:   0 0
Total current assets: 20,028 17,227
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 0 ( 3,441 )
Net current assets (liabilities): 20,028 13,786
Total assets less current liabilities: 61,600 51,802
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 61,600 51,802
Members' funds
Profit and loss account: 61,600 51,802
Total members' funds: 61,600 51,802

The notes form part of these financial statements

HIGH GAIN EVENT SERVICES C.I.C.

Balance sheet statements

For the year ending 31 December 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.

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

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

This report was approved by the board of directors on 8 January 2025
and signed on behalf of the board by:

Name: Jamie Friday
Status: Director

The notes form part of these financial statements

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 4

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2024 114,378 0 114,378
Additions 15,085 0 15,085
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 December 2024 129,463 0 129,463
Amortisation
At 1 January 2024 76,362 0 76,362
Charge for year 11,529 0 11,529
On disposals 0 0 0
Other adjustments 0 0 0
At 31 December 2024 87,891 0 87,891
Net book value
At 31 December 2024 41,572 0 41,572
At 31 December 2023 38,016 0 38,016

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,318 4,368
Total 2,318 4,368

HIGH GAIN EVENT SERVICES C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 0 3,441
Total 0 3,441

COMMUNITY INTEREST ANNUAL REPORT

HIGH GAIN EVENT SERVICES C.I.C.

Company Number: 07892080 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

In 2024 High Gain Event Servies worked with a wide range of community organisations to produce live music and community events that benefit local communities. Throughout activities High Gain sought to act as not simply a supplier, but a partner providing additional support where required.to enable events to be used to support the community. Specifically support was given to Crawley LGBTQ and Horsham District Council in the planning stages to support a community committee from initial formation up to production of their event as well as many other community groups. These events and others attracted a diverse cross section of the community both performing and attending as well as providing personal development opportunities for student technicians and volunteers seeking to develop their event production skills. It's estimated that over 1200 performers from all sections of the community took part in events the company was involved in producing with an aggregate audience in excess of 20,000.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £35,855. Directors are only paid for hours working for High Gain Event Services either in an admin or on an event. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
8 January 2025

And signed on behalf of the board by:
Name: Jamie Friday
Status: Director