ACCOUNTS - Final Accounts

Registered number: 13098931

CLW EVENT DESIGN LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


CLW EVENT DESIGN LIMITED REGISTERED NUMBER:13098931

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	4		105,571		109,795
			105,571		109,795
Current assets
Debtors: amounts falling due within one year	5	31,481		111,155
Cash at bank and in hand	6	10,511		13,735
		41,992		124,890
Creditors: amounts falling due within one year	7	(104,701)		(93,049)
Net current (liabilities)/assets			(62,709)		31,841
Total assets less current liabilities			42,862		141,636
Creditors: amounts falling due after more than one year			(34,795)		-

Net assets			8,067		141,636

Capital and reserves
Called up share capital	1	1
Profit and loss account	8,066	141,635
	8,067	141,636

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CLW EVENT DESIGN LIMITED REGISTERED NUMBER:13098931

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider 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 directors acknowledge their 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 by:

A J Lillie

Director

Date: 20 August 2025

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CLW EVENT DESIGN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

CLW Event Design Limited is a private company limited by shares incorporated in England and Wales. The registered office is Millhouse, 32-38 East Street, Rochford, Essex, SS4 1DB.
Its principal activity continues to be that of event design.

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 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:

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.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

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CLW EVENT DESIGN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Taxation

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.

2.6

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, using the straight-line method.

Depreciation is provided on the following basis:

Event props	-	25%	Straight line
Motor vehicles	-	33%	Reducing balance
Office equipment	-	33%	Straight line

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 profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

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.

2.9

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.

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CLW EVENT DESIGN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The average monthly number of employees, including directors, during the year was 2 (2023 -2).

4.	Tangible fixed assets

	Event props	Motor vehicles	Office equipment	Total
	£	£	£	£
Cost or valuation
At 1 January 2024	133,367	36,956	2,910	173,233
Additions	51,362	-	-	51,362
Disposals	-	(36,956)	-	(36,956)
At 31 December 2024	184,729	-	2,910	187,639
Depreciation
At 1 January 2024	42,093	19,163	2,183	63,439
Charge for the year on owned assets	37,099	-	693	37,792
Disposals	-	(19,163)	-	(19,163)
At 31 December 2024	79,192	-	2,876	82,068
Net book value
At 31 December 2024	105,537	-	34	105,571
At 31 December 2023	91,274	17,793	727	109,794

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CLW EVENT DESIGN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Trade debtors	19,658	66,132
Other debtors	3,666	-
Prepayments and accrued income	8,157	45,023
	31,481	111,155

6.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	10,511	13,735
	10,511	13,735

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Bank loans	8,777	-
Trade creditors	918	1,877
Taxation and social security	30,873	26,733
Other creditors	49,961	42,115
Accruals and deferred income	14,172	22,324
	104,701	93,049

8.	Creditors: Amounts falling due after more than one year
		2024	2023
		£	£

Bank loans	34,795	-
	34,795	-

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