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REGISTERED NUMBER: 08557239 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

SUSSEX TRAIL EVENTS LIMITED

SUSSEX TRAIL EVENTS LIMITED (REGISTERED NUMBER: 08557239)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SUSSEX TRAIL EVENTS LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: D J Cunnett
J McCardle
C Ette





REGISTERED OFFICE: 36a Station Road
New Milton
Hampshire
BH25 6JX





REGISTERED NUMBER: 08557239 (England and Wales)





ACCOUNTANTS: David Shores & Co Ltd
36a Station Road
New Milton
Hampshire
BH25 6JX

SUSSEX TRAIL EVENTS LIMITED (REGISTERED NUMBER: 08557239)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,053 1,395

CURRENT ASSETS
Stocks 777 523
Debtors 5 3,505 1,955
Cash at bank 12,840 8,630
17,122 11,108
CREDITORS
Amounts falling due within one year 6 17,378 9,256
NET CURRENT (LIABILITIES)/ASSETS (256 ) 1,852
TOTAL ASSETS LESS CURRENT
LIABILITIES

797

3,247

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 767 3,217
SHAREHOLDERS' FUNDS 797 3,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:



C Ette - Director



J McCardle - Director


SUSSEX TRAIL EVENTS LIMITED (REGISTERED NUMBER: 08557239)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Sussex Trail Events Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents income from various events organised and held during the accounting period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities and include trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

Provisions

Provisions (i.e. liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

SUSSEX TRAIL EVENTS LIMITED (REGISTERED NUMBER: 08557239)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 4,377
Additions 425
At 30 June 2024 4,802
DEPRECIATION
At 1 July 2023 2,982
Charge for year 767
At 30 June 2024 3,749
NET BOOK VALUE
At 30 June 2024 1,053
At 30 June 2023 1,395

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,505 1,955

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 631 -
Other creditors 16,747 9,256
17,378 9,256

7. RELATED PARTY DISCLOSURES

The directors have advanced £1,609 (2023 - £805) to the company during the period. There are no formal repayment arrangements relating to this sum.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who are equal shareholders.