Registered number
06136675
Retail Bulletin Events Limited
Filleted Accounts
30 June 2024
Retail Bulletin Events Limited
Registered number: 06136675
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,404 5,838
Current assets
Debtors 4 106,469 170,074
Cash at bank and in hand 239,624 214,559
346,093 384,633
Creditors: amounts falling due within one year 5 (86,022) (115,956)
Net current assets 260,071 268,677
Net assets 262,475 274,515
Capital and reserves
Called up share capital 100 100
Profit and loss account 262,375 274,415
Shareholder's funds 262,475 274,515
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Karen Howard
Director
Approved by the board on 17 January 2025
Retail Bulletin Events Limited
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures and fittings 25% reducing balance
Computer equipment 25% reducing balance
Office equipment 20% reducing balance
Plant and machinery:
mobile telephone 50% straight line
motorbike 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixtures and fittings Computer equipment Plant and machinery Total
£ £ £ £
Cost
At 1 July 2023 3,750 8,153 8,449 20,352
Disposals - - (8,324) (8,324)
At 30 June 2024 3,750 8,153 125 12,028
Depreciation
At 1 July 2023 2,407 6,291 5,816 14,514
Charge for the year 487 314 494 1,295
On disposals - - (6,185) (6,185)
At 30 June 2024 2,894 6,605 125 9,624
Net book value
At 30 June 2024 856 1,548 - 2,404
At 30 June 2023 1,343 1,862 2,633 5,838
4 Debtors 2024 2023
£ £
Trade debtors 104,229 167,834
Other debtors 2,240 2,240
106,469 170,074
5 Creditors: amounts falling due within one year 2024 2023
£ £
Non-equity preference shares 1,125 1,125
Trade creditors 30,745 66,873
Taxation and social security costs 51,119 45,696
Other creditors 3,033 2,262
86,022 115,956
6 Other information
Retail Bulletin Events Limited is a private company limited by shares and incorporated in England. Its registered office is:
1st Floor
57b High Street
Bagshot
Surrey
GU19 5AH
Retail Bulletin Events Limited 06136675 false 2023-07-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 Karen Howard No description of principal activity 06136675 2022-07-01 2023-06-30 06136675 core:WithinOneYear 2023-06-30 06136675 core:ShareCapital 2023-06-30 06136675 core:RetainedEarningsAccumulatedLosses 2023-06-30 06136675 2023-07-01 2024-06-30 06136675 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06136675 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06136675 bus:Director40 2023-07-01 2024-06-30 06136675 1 2023-07-01 2024-06-30 06136675 2 2023-07-01 2024-06-30 06136675 core:LandBuildings 2023-07-01 2024-06-30 06136675 core:PlantMachinery 2023-07-01 2024-06-30 06136675 core:Vehicles 2023-07-01 2024-06-30 06136675 countries:England 2023-07-01 2024-06-30 06136675 bus:FRS102 2023-07-01 2024-06-30 06136675 bus:FilletedAccounts 2023-07-01 2024-06-30 06136675 2024-06-30 06136675 core:WithinOneYear 2024-06-30 06136675 core:ShareCapital 2024-06-30 06136675 core:RetainedEarningsAccumulatedLosses 2024-06-30 06136675 core:LandBuildings 2024-06-30 06136675 core:PlantMachinery 2024-06-30 06136675 core:Vehicles 2024-06-30 06136675 2023-06-30 06136675 core:LandBuildings 2023-06-30 06136675 core:PlantMachinery 2023-06-30 06136675 core:Vehicles 2023-06-30 iso4217:GBP xbrli:pure