REGISTERED NUMBER: |
Financial Statements for the Period 31 January 2023 to 30 July 2024 |
for |
North West Events Management Limited |
REGISTERED NUMBER: |
Financial Statements for the Period 31 January 2023 to 30 July 2024 |
for |
North West Events Management Limited |
North West Events Management Limited (Registered number: 03969362) |
Contents of the Financial Statements |
for the Period 31 January 2023 to 30 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
North West Events Management Limited |
Company Information |
for the Period 31 January 2023 to 30 July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
116 Duke Street |
Liverpool |
Merseyside |
L1 5JW |
North West Events Management Limited (Registered number: 03969362) |
Balance Sheet |
30 July 2024 |
30.7.24 | 30.1.23 |
Notes | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
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 |
North West Events Management Limited (Registered number: 03969362) |
Notes to the Financial Statements |
for the Period 31 January 2023 to 30 July 2024 |
1. | STATUTORY INFORMATION |
North West Events Management Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements. |
Turnover |
Turnover, derived from ordinary activities, represents fees received for events management services, recognised as the service is provided and excludes VAT. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
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 |
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
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. |
North West Events Management Limited (Registered number: 03969362) |
Notes to the Financial Statements - continued |
for the Period 31 January 2023 to 30 July 2024 |
2. | ACCOUNTING POLICIES - continued |
Investments |
Listed investments are initially recorded at cost and subsequently measured at fair value. Any changes arising are recognised in the income statement. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 31 January 2023 |
Additions |
Disposals | ( |
) | ( |
) | ( |
) |
At 30 July 2024 |
NET BOOK VALUE |
At 30 July 2024 |
At 30 January 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.7.24 | 30.1.23 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.7.24 | 30.1.23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
Mrs M Green, a director, operates a current account to which transactions of a private nature are charged. Included in other debtors at 31st July 2024 is £442,248 (2023 £125,385) owed to the company. The loan is repayable on demand and includes interest at 2% and 2.25%. |