33rd Management Limited 09556354 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is events management. Digita Accounts Production Advanced 6.30.9574.0 true 09556354 2023-10-01 2024-09-30 09556354 2024-09-30 09556354 bus:Director1 1 2024-09-30 09556354 bus:OrdinaryShareClass1 2024-09-30 09556354 core:CurrentFinancialInstruments 2024-09-30 09556354 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09556354 core:Non-currentFinancialInstruments 2024-09-30 09556354 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09556354 core:FurnitureFittingsToolsEquipment 2024-09-30 09556354 core:MotorVehicles 2024-09-30 09556354 bus:SmallEntities 2023-10-01 2024-09-30 09556354 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09556354 bus:FilletedAccounts 2023-10-01 2024-09-30 09556354 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09556354 bus:RegisteredOffice 2023-10-01 2024-09-30 09556354 bus:Director1 2023-10-01 2024-09-30 09556354 bus:Director1 1 2023-10-01 2024-09-30 09556354 bus:Director2 2023-10-01 2024-09-30 09556354 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 09556354 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09556354 bus:Agent1 2023-10-01 2024-09-30 09556354 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09556354 core:MotorCars 2023-10-01 2024-09-30 09556354 core:MotorVehicles 2023-10-01 2024-09-30 09556354 core:OfficeEquipment 2023-10-01 2024-09-30 09556354 core:PlantMachinery 2023-10-01 2024-09-30 09556354 countries:EnglandWales 2023-10-01 2024-09-30 09556354 2023-09-30 09556354 bus:Director1 1 2023-09-30 09556354 core:FurnitureFittingsToolsEquipment 2023-09-30 09556354 core:MotorVehicles 2023-09-30 09556354 2022-10-01 2023-09-30 09556354 2023-09-30 09556354 bus:Director1 1 2023-09-30 09556354 bus:OrdinaryShareClass1 2023-09-30 09556354 core:CurrentFinancialInstruments 2023-09-30 09556354 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09556354 core:Non-currentFinancialInstruments 2023-09-30 09556354 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09556354 core:FurnitureFittingsToolsEquipment 2023-09-30 09556354 core:MotorVehicles 2023-09-30 09556354 bus:Director1 1 2022-10-01 2023-09-30 09556354 bus:Director1 1 2022-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09556354

33rd Management Limited

Annual Report and Unaudited Financial Statements Year Ended 30 September 2024

image-name

Chartered Accountants

 

33rd Management Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 8

 

33rd Management Limited

Company Information

Directors

Mr Simon Stewart

Mrs Kerry Stewart

Registered office

23 Granary Hill
Charminster
Dorchester
Dorset
DT2 9SZ

Accountants

Edwards and Keeping Limited
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
33rd Management Limitedfor the Year Ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 33rd Management Limited for the year ended 30 September 2024 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of 33rd Management Limited, as a body, in accordance with the terms of our engagement letter dated 24 June 2024. Our work has been undertaken solely to prepare for your approval the accounts of 33rd Management Limited and state those matters that we have agreed to state to the Board of Directors of 33rd Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 33rd Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 33rd Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 33rd Management Limited. You consider that 33rd Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of 33rd Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.






Edwards and Keeping Limited
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

24 June 2025

 

33rd Management Limited

(Registration number: 09556354)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

67,439

40,887

Current assets

 

Debtors

5

3,599

11,745

Cash at bank and in hand

 

290,995

254,093

 

294,594

265,838

Creditors: Amounts falling due within one year

6

(87,006)

(82,586)

Net current assets

 

207,588

183,252

Total assets less current liabilities

 

275,027

224,139

Creditors: Amounts falling due after more than one year

6

(20,382)

(24,450)

Net assets

 

254,645

199,689

Capital and reserves

 

Called up share capital

7

125

125

Retained earnings

254,520

199,564

Shareholders' funds

 

254,645

199,689

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 June 2025 and signed on its behalf by:
 



Mr Simon Stewart
Director

 

33rd Management Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
23 Granary Hill
Charminster
Dorchester
Dorset
DT2 9SZ

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 sales/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.

Government grants

Revenue grants are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate.

A grant that becomes receivable as compensation for expenses or losses already incurred, or for the purpose of giving immediate financial support to the company with no future related costs, shall be recognised in income in the period in which it becomes receivable.

The company has accessed a government backed Coronavirus "Bounce Back Loan". The loan is 100% guaranteed by the government.

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.

 

33rd Management Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2024

The current income 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance basis

Office equipment

25% reducing balance basis

Motor vehciles

25% reducing balance basis

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise 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.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

33rd Management Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2024

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 3).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

87,498

8,800

96,298

Additions

14,771

39,041

53,812

Disposals

-

(8,500)

(8,500)

At 30 September 2024

102,269

39,341

141,610

Depreciation

At 1 October 2023

51,561

3,850

55,411

Charge for the year

12,676

9,803

22,479

Eliminated on disposal

-

(3,719)

(3,719)

At 30 September 2024

64,237

9,934

74,171

Carrying amount

At 30 September 2024

38,032

29,407

67,439

At 30 September 2023

35,937

4,950

40,887

 

33rd Management Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

3,797

Other debtors

3,599

7,948

 

3,599

11,745

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

4,068

3,968

Trade creditors

 

2,742

2,631

Taxation and social security

 

75,012

73,229

Accruals and deferred income

 

4,152

1,465

Other creditors

 

1,032

1,293

 

87,006

82,586

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

20,382

24,450

Creditors include bank loans repayable by instalments of £3,055 (2023- £7,550) due after more than five years.

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

125

125

125

125

       
 

33rd Management Limited

Notes to the Unaudited Financial Statements
for the Year Ended 30 September 2024

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

20,382

24,450

Current loans and borrowings

2024
£

2023
£

Bank borrowings

4,068

3,968

9

Related party transactions

Transactions with directors

2024

At 1 October 2023
£

Advances to director
£

Repayments by director
£

At 30 September 2024
£

Mr Simon Stewart

Director's Loan Account

(7,945)

(78,689)

83,038

(3,596)

2023

At 1 October 2022
£

Advances to director
£

Repayments by director
£

At 30 September 2023
£

Mr Simon Stewart

Director's Loan Account

(64,167)

(10,778)

67,000

(7,945)