Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Peter Thackwray
Mary Griffiths
Dr Michaela Jordan
Hywel Rees-Jones

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
16 June 2025

And signed on behalf of the board by:
Name: Peter Thackwray
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	5,252,265	4,415,282
Cost of sales:	( 3,412,140 )	( 2,814,000 )
Gross profit(or loss):	1,840,125	1,601,282
Distribution costs:	( 1,489,474 )	( 1,442,754 )
Operating profit(or loss):	350,651	158,528
Interest receivable and similar income:	15,901	19,927
Interest payable and similar charges:		( 6,093 )
Profit(or loss) before tax:	366,552	172,362
Profit(or loss) for the financial year:	366,552	172,362

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Fixed assets
Tangible assets:	3	527,353	415,660
Investments:		0	0
Total fixed assets:		527,353	415,660
Current assets
Debtors:	4	979,353	578,806
Cash at bank and in hand:		1,048,400	1,325,658
Total current assets:		2,027,753	1,904,464
Creditors: amounts falling due within one year:	5	( 1,966,696 )	( 2,098,266 )
Net current assets (liabilities):		61,057	(193,802)
Total assets less current liabilities:		588,410	221,858
Total net assets (liabilities):		588,410	221,858
Capital and reserves
Called up share capital:		300,000	300,000
Share premium account:		200,000	200,000
Profit and loss account:		88,410	(278,142 )
Total Shareholders' funds:		588,410	221,858

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents income from venue hire, catering services and audio visual services and equipment hire. Turnover 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. It is measured as the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

  Tangible fixed assets depreciation policy

  Fixed assets are measured at cost at initial recognition. The cost is the purchase cost less any incidental acquisition expenses. Each fixed asset is measured at cost less any accumulated depreciation and any accumulated impairment losses. Fixed assets are reviewed for impairment on an annual basis. All assets are depreciated over their useful lives using the straight-line method and the annual depreciation charge is recognised under other operating costs in the profit and loss account. Depreciation is calculated so as to write off the cost of tangible fixed assets, less their estimated residual values, on a straight-line basis over the expected useful economic lives of the assets concerned. The depreciation measures are set out as follows: Freehold property assets are depreciated over periods of 10 and 15 years Fixture and fittings assets are depreciated over periods of 5, 7 and 10 years Computer and other equipment is depreciated over periods of 3, 5, 7 and 10 years

  Other accounting policies

  The Accounts include accounting policies in respect of Expenditure recognition, Taxation, Debtors and Creditors disclosures, post employment benefits and Shareholder Funds

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	19	19