1 1 Caledonia Events Ltd SC742981 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is organisating and hosting events and fairs Digita Accounts Production Advanced 6.30.9574.0 true SC742981 2023-09-01 2024-08-31 SC742981 2024-08-31 SC742981 bus:Director1 1 2024-08-31 SC742981 bus:OrdinaryShareClass1 2024-08-31 SC742981 core:CurrentFinancialInstruments 2024-08-31 SC742981 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 SC742981 core:OtherResidualIntangibleAssets 2024-08-31 SC742981 bus:SmallEntities 2023-09-01 2024-08-31 SC742981 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC742981 bus:FilletedAccounts 2023-09-01 2024-08-31 SC742981 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC742981 bus:RegisteredOffice 2023-09-01 2024-08-31 SC742981 bus:Director1 2023-09-01 2024-08-31 SC742981 bus:Director1 1 2023-09-01 2024-08-31 SC742981 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 SC742981 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC742981 bus:Agent1 2023-09-01 2024-08-31 SC742981 core:OtherResidualIntangibleAssets 2023-09-01 2024-08-31 SC742981 countries:Scotland 2023-09-01 2024-08-31 SC742981 2023-08-31 SC742981 bus:Director1 1 2023-08-31 SC742981 core:OtherResidualIntangibleAssets 2023-08-31 SC742981 2022-09-01 2023-08-31 SC742981 2023-08-31 SC742981 bus:OrdinaryShareClass1 2023-08-31 SC742981 core:CurrentFinancialInstruments 2023-08-31 SC742981 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 SC742981 core:OtherResidualIntangibleAssets 2023-08-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: SC742981

Caledonia Events Ltd

trading as Caledonia Events

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Caledonia Events Ltd

trading as Caledonia Events

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Caledonia Events Ltd

trading as Caledonia Events

Company Information

Director

Mr Jordan Gorman

Registered office

1F2 Comiston Gardens
Edinburgh
EH10 5QH

Accountants

Brown, Scott & Main Chartered Accountants
91 West Savile Terrace
Edinburgh
Lothian
EH9 3DP

 

Caledonia Events Ltd

trading as Caledonia Events

(Registration number: SC742981)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

-

170

Current assets

 

Debtors

5

14,597

-

Cash at bank and in hand

 

4,078

1,526

 

18,675

1,526

Creditors: Amounts falling due within one year

6

(15,039)

-

Net current assets

 

3,636

1,526

Net assets

 

3,636

1,696

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

3,635

1,695

Shareholders' funds

 

3,636

1,696

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 27 April 2025
 

.........................................
Mr Jordan Gorman
Director

 

Caledonia Events Ltd

trading as Caledonia Events

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
1F2 Comiston Gardens
Edinburgh
EH10 5QH

These financial statements were authorised for issue by the director on 27 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, over their useful life.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Caledonia Events Ltd

trading as Caledonia Events

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for goods sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Caledonia Events Ltd

trading as Caledonia Events

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

4

Intangible assets

Other intangible assets
 £

Total
£

Cost or valuation

At 1 September 2023

170

170

At 31 August 2024

170

170

Amortisation

Amortisation charge

170

170

At 31 August 2024

170

170

Carrying amount

At 31 August 2024

-

-

At 31 August 2023

170

170

5

Debtors

Current

2024
£

2023
£

Prepayments

11,932

-

Other debtors

2,665

-

 

14,597

-

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

749

-

Accruals and deferred income

14,290

-

15,039

-

7

Share capital

Allotted, called up and fully paid shares

 

Caledonia Events Ltd

trading as Caledonia Events

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

7

Share capital (continued)

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

       

8

Related party transactions

Transactions with the director

2024

At 1 September 2023
£

Advances to director
£

At 31 August 2024
£

Mr Jordan Gorman

Advance to the director was made interest free and repayable on demand.

-

2,665

2,665