Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-3112023-11-01falseEvent management1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04883276 2023-11-01 2024-10-31 04883276 2022-11-01 2023-10-31 04883276 2024-10-31 04883276 2023-10-31 04883276 2022-11-01 04883276 c:Director1 2023-11-01 2024-10-31 04883276 d:MotorVehicles 2023-11-01 2024-10-31 04883276 d:MotorVehicles 2024-10-31 04883276 d:MotorVehicles 2023-10-31 04883276 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04883276 d:FurnitureFittings 2023-11-01 2024-10-31 04883276 d:FurnitureFittings 2024-10-31 04883276 d:FurnitureFittings 2023-10-31 04883276 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04883276 d:OtherPropertyPlantEquipment 2023-11-01 2024-10-31 04883276 d:OtherPropertyPlantEquipment 2024-10-31 04883276 d:OtherPropertyPlantEquipment 2023-10-31 04883276 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04883276 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 04883276 d:CurrentFinancialInstruments 2024-10-31 04883276 d:CurrentFinancialInstruments 2023-10-31 04883276 d:Non-currentFinancialInstruments 2024-10-31 04883276 d:Non-currentFinancialInstruments 2023-10-31 04883276 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 04883276 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 04883276 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 04883276 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 04883276 d:ShareCapital 2024-10-31 04883276 d:ShareCapital 2023-10-31 04883276 d:RetainedEarningsAccumulatedLosses 2024-10-31 04883276 d:RetainedEarningsAccumulatedLosses 2023-10-31 04883276 c:FRS102 2023-11-01 2024-10-31 04883276 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 04883276 c:FullAccounts 2023-11-01 2024-10-31 04883276 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 04883276 d:AcceleratedTaxDepreciationDeferredTax 2024-10-31 04883276 d:AcceleratedTaxDepreciationDeferredTax 2023-10-31 04883276 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 04883276










CVC EVENT SERVICES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

 
CVC EVENT SERVICES LIMITED
REGISTERED NUMBER: 04883276

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
125,517
142,473

Current assets
  

Stocks
  
587
250

Debtors: amounts falling due within one year
 5 
50,045
51,582

Cash at bank and in hand
  
28,138
29,841

  
78,770
81,673

Creditors: amounts falling due within one year
 6 
(32,038)
(42,980)

Net current assets
  
 
 
46,732
 
 
38,693

Total assets less current liabilities
  
172,249
181,166

Creditors: amounts falling due after more than one year
 7 
(6,667)
(16,667)

Provisions for liabilities
  

Deferred tax
 8 
(29,151)
(30,078)

Net assets
  
136,431
134,421


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
136,430
134,420

  
136,431
134,421


Page 1

 
CVC EVENT SERVICES LIMITED
REGISTERED NUMBER: 04883276
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 income and retained earnings 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 on 22 July 2025.





P Inott
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
CVC EVENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

CVC Event Services Limited is a private Company limited by shares, incorporated in England and Wales   (registered number: 04883276). Its registered office is The Quadrant, 99 Parkway Avenue, Sheffield, S9 4WG. The principal activity of the Company throughout the year continued to be that of event management.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
CVC EVENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each Balance Sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Income and Retained Earnings. 
 
 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows. 

The depreciation rates used are:

Motor vehicles
-
25% reducing balance
Equipment
-
25% reducing balance
Furniture and fixtures
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings. 

Page 4

 
CVC EVENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Page 5

 
CVC EVENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Motor vehicles
Equipment
Furniture and fixtures
Total

£
£
£
£



Cost or valuation


At 1 November 2023
94,821
788,114
2,497
885,432


Additions
-
21,349
-
21,349


Disposals
-
(71,898)
(421)
(72,319)



At 31 October 2024

94,821
737,565
2,076
834,462



Depreciation


At 1 November 2023
78,128
662,626
2,205
742,959


Charge for the year on owned assets
1,945
32,704
28
34,677


Disposals
-
(68,448)
(243)
(68,691)



At 31 October 2024

80,073
626,882
1,990
708,945



Net book value



At 31 October 2024
14,748
110,683
86
125,517



At 31 October 2023
16,693
125,488
292
142,473

Page 6

 
CVC EVENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
27,637
46,892

Other debtors
18,000
-

Prepayments
4,408
4,690

50,045
51,582



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
1,405
2,337

Corporation tax
16,521
18,492

Other taxation and social security
1,741
7,400

Other creditors
1,871
4,251

Accruals
500
500

32,038
42,980



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
6,667
16,667


Page 7

 
CVC EVENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

8.


Deferred taxation




2024
2023


£

£






At beginning of year
30,078
30,564


Charged to profit or loss
(927)
(486)



At end of year
29,151
30,078

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
29,151
30,078

 
Page 8