Silverfin false false 31/07/2024 01/08/2023 31/07/2024 Diana Tickell 01/08/2023 Karen Hudson 01/08/2023 Claire Sadler 01/08/2024 Nishma Robb 01/08/2024 01/08/2022 Rachel Bristow 01/08/2023 01/08/2020 Rania Robinson 01/08/2023 01/08/2021 22 April 2025 The principal activity of the Company is running events that enhance the careers of women in advertising and communications and to accelerate gender equality. Primarily running the Talent Festival (previously called Gather) and Mentoring. Surplus funds are donated to charity. 05244493 2024-07-31 05244493 bus:Director1 2024-07-31 05244493 bus:Director2 2024-07-31 05244493 bus:Director3 2024-07-31 05244493 bus:Director4 2024-07-31 05244493 bus:Director5 2024-07-31 05244493 bus:Director6 2024-07-31 05244493 2023-07-31 05244493 core:CurrentFinancialInstruments 2024-07-31 05244493 core:CurrentFinancialInstruments 2023-07-31 05244493 core:ShareCapital 2024-07-31 05244493 core:ShareCapital 2023-07-31 05244493 bus:OrdinaryShareClass1 2024-07-31 05244493 2023-08-01 2024-07-31 05244493 bus:FilletedAccounts 2023-08-01 2024-07-31 05244493 bus:SmallEntities 2023-08-01 2024-07-31 05244493 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05244493 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05244493 bus:Director1 2023-08-01 2024-07-31 05244493 bus:Director2 2023-08-01 2024-07-31 05244493 bus:Director3 2023-08-01 2024-07-31 05244493 bus:Director4 2023-08-01 2024-07-31 05244493 bus:Director5 2023-08-01 2024-07-31 05244493 bus:Director6 2023-08-01 2024-07-31 05244493 2022-08-01 2023-07-31 05244493 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 05244493 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05244493 (England and Wales)

GATHER (FORUM) LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

GATHER (FORUM) LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

GATHER (FORUM) LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 July 2024
GATHER (FORUM) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2024
Note 2024 2023
£ £
Current assets
Cash at bank and in hand 45,743 21,986
45,743 21,986
Creditors: amounts falling due within one year 3 ( 45,741) ( 21,984)
Net current assets 2 2
Total assets less current liabilities 2 2
Net assets 2 2
Capital and reserves
Called-up share capital 4 2 2
Total shareholder's funds 2 2

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Gather (Forum) Limited (registered number: 05244493) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

Diana Tickell
Director

22 April 2025

GATHER (FORUM) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
GATHER (FORUM) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Gather (Forum) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises revenue recognised by the Company in respect of events undertaken during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised by reference to the date of the event.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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 creditors: amounts falling due within one year.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other creditors.

Financial assets
Basic financial assets, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Income Statement.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and 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.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year, including directors 3 3

3. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 990 6,000
Accruals 32,909 5,882
Other taxation and social security 11,842 10,102
45,741 21,984

4. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2

5. Ultimate controlling party

The ultimate parent undertaking is WACL Limited, a company limited by guarantee and incorporated in England and Wales.