Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01trueMeetings and events organiser11truetrue 05439081 2023-10-01 2024-09-30 05439081 2022-10-01 2023-09-30 05439081 2024-09-30 05439081 2023-09-30 05439081 c:Director3 2023-10-01 2024-09-30 05439081 c:RegisteredOffice 2023-10-01 2024-09-30 05439081 d:CurrentFinancialInstruments 2024-09-30 05439081 d:CurrentFinancialInstruments 2023-09-30 05439081 d:Non-currentFinancialInstruments 2024-09-30 05439081 d:Non-currentFinancialInstruments 2023-09-30 05439081 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 05439081 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05439081 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 05439081 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 05439081 d:ShareCapital 2024-09-30 05439081 d:ShareCapital 2023-09-30 05439081 d:RetainedEarningsAccumulatedLosses 2024-09-30 05439081 d:RetainedEarningsAccumulatedLosses 2023-09-30 05439081 c:EntityHasNeverTraded 2023-10-01 2024-09-30 05439081 c:FRS102 2023-10-01 2024-09-30 05439081 c:Audited 2023-10-01 2024-09-30 05439081 c:FullAccounts 2023-10-01 2024-09-30 05439081 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05439081 c:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 05439081


ADVANTAGE MEETINGS & EVENTS LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
ADVANTAGE MEETINGS & EVENTS LIMITED
 
 
COMPANY INFORMATION


Director
J Lo Bue-Said 




Registered number
05439081



Registered office
C/O Burnetts
Victoria House Wavell Drive

Rosehill

Carlisle

England

CA1 2ST




Independent auditors
Xeinadin Audit Limited
Chartered Accountants & Statutory Auditor

8th Floor

Becket House

36 Old Jewry

London

EC2R 8DD





 
ADVANTAGE MEETINGS & EVENTS LIMITED
 

CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 4


 
ADVANTAGE MEETINGS & EVENTS LIMITED
REGISTERED NUMBER:05439081

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
13,754
12,106

Cash at bank and in hand
 4 
-
1,648

  
13,754
13,754

Creditors: amounts falling due within one year
 5 
(118,017)
(81,349)

Net current liabilities
  
 
 
(104,263)
 
 
(67,595)

Total assets less current liabilities
  
(104,263)
(67,595)

Creditors: amounts falling due after more than one year
 6 
(298,527)
(335,195)

  

Net liabilities
  
(402,790)
(402,790)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(402,890)
(402,890)

  
(402,790)
(402,790)


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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Lo Bue-Said
Director

Date: 7 March 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
ADVANTAGE MEETINGS & EVENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

Advantage Meetings & Events Limited 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 company's registered office address is C/O Burnetts, Victoria House Wavell Drive, Rosehill, Carlisle, England, CA1 2ST.
The company did not trade during the year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

 
2.2

Going concern

The parent company, Advantage Travel Centres Limited, has indicated its willingness and intention to continue to provide ongoing support to the Company. Having considered this, the directors are confident that the Company will continue to receive support from its parent for a period of at least twelve months from the signing of the financial statements. 
On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

  
2.3

Revenue

The company did not trade during the year.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Page 2

 
ADVANTAGE MEETINGS & EVENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
12,148
10,500

Other debtors
1,606
1,606

13,754
12,106



4.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
-
1,648



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
118,017
81,349

118,017
81,349



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
298,527
335,195


Page 3

 
ADVANTAGE MEETINGS & EVENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Related party transactions

Appendix C of FRS 102 Section 1A does not require disclosure of transactions entered into between two or more members of the group, provided that any subsidiary which is a party to the transaction is a wholly owned member. Hence these transactions were not disclosed in these financial statements.
There were no material related party transactions entered into during the year that have not been concluded under normal market conditions.
At the year end, the Company owed £298,527 (2023: £298,527) to Advantage Travel Centres Limited, its ultimate parent company.
At the year end, the Company was owed £10,500 (2023: £10,500) by Advantage Financial Services Limited,a fellow subsidiary.  
At the year end, the Company owed £118,017 (2023: £118,017) to Worldwide Independent Travel Network Limited,a fellow subsidiary.  
At the year end, the Company was owed £1,648 (2023: £nil) to Advantage 4 Travel Limited, a fellow subsidiary.


8.


Controlling party

The ultimate controlling party is Advantage Travel Centres Limited by virtue of its ownership of 100% of the issued voting share capital. 


9.


Auditors' information

The auditors' report on the financial statements for the year ended 30 September 2024 was unqualified.

The audit report was signed on 7 March 2025 by Yasin Khandwalla FCCA (Senior statutory auditor) on behalf of Xeinadin Audit Limited.

 
Page 4