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Company Registration No. 4708475 (England and Wales)
Momentum Events Limited Unaudited accounts for the year ended 31 August 2024
Momentum Events Limited Unaudited accounts Contents
Page
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Momentum Events Limited Company Information for the year ended 31 August 2024
Directors
Ms Fiona Sutton Ms Mary Silk
Company Number
4708475 (England and Wales)
Registered Office
38 Netley Street London NW1 3EH
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Momentum Events Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,657 
3,057 
Current assets
Debtors
43,556 
19,872 
Cash at bank and in hand
158,418 
178,162 
201,974 
198,034 
Creditors: amounts falling due within one year
(146,514)
(118,151)
Net current assets
55,460 
79,883 
Total assets less current liabilities
59,117 
82,940 
Creditors: amounts falling due after more than one year
(55,250)
(79,739)
Provisions for liabilities
Deferred tax
(914)
(731)
Net assets
2,953 
2,470 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,853 
2,370 
Shareholders' funds
2,953 
2,470 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by
Ms Fiona Sutton Director Company Registration No. 4708475
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Momentum Events Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Momentum Events Limited is a private company, limited by shares, registered in England and Wales, registration number 4708475. The registered office is 38 Netley Street, London, NW1 3EH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
33.33% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred taxation
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 accounts. 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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Momentum Events Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
24,827 
7,636 
32,463 
Additions
- 
4,223 
4,223 
At 31 August 2024
24,827 
11,859 
36,686 
Depreciation
At 1 September 2023
24,827 
4,579 
29,406 
Charge for the year
- 
3,623 
3,623 
At 31 August 2024
24,827 
8,202 
33,029 
Net book value
At 31 August 2024
- 
3,657 
3,657 
At 31 August 2023
- 
3,057 
3,057 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,470 
19,872 
Other debtors
42,086 
- 
43,556 
19,872 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
38,120 
21,123 
Trade creditors
556 
19,315 
Taxes and social security
47,471 
20,592 
Other creditors
748 
1,303 
Loans from directors
- 
107 
Accruals
2,100 
1,750 
Deferred income
57,519 
53,961 
146,514 
118,151 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,131 
41,074 
Other creditors
27,119 
38,665 
55,250 
79,739 
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Momentum Events Limited Notes to the Accounts for the year ended 31 August 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ms Fiona Sutton
Directors loan
5 
27,685 
- 
27,690 
Ms Mary Silk
Directors loan
(112)
14,040 
- 
13,928 
(107)
41,725 
- 
41,618 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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