REGISTERED NUMBER: 06582176 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 December 2024

for

Capability Events Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr W J B Leeke

Secretary:

J M Leeke

Registered office:

Gullers End Cottage

Longdon

Tewkesbury

Gloucestershire

GL20 6AW

Registered number:

06582176 (England and Wales)

Accountants:

Allan Brown ( A& T Services Ltd)

18/22 Church Street

Malvern

Worcestershire

WR14 2AY

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

61,284

15,572

61,284

15,572

Current assets

Stocks

31,000

31,000

Debtors

6

190,706

195,320

Cash at bank

-

23,311

221,706

249,631

Creditors

Amounts falling due within one year

7

94,557

98,283

Net current assets

127,149

151,348

Total assets less current liabilities

188,433

166,920

Creditors

Amounts falling due after more than one year

8

58,241

64,529

Net assets

130,192

102,391

Capital and reserves

Called up share capital

1

1

Retained earnings

130,191

102,390

Shareholders' funds

130,192

102,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2025 and were signed by:

Mr W J B Leeke - Director

1.	STATUTORY INFORMATION

Capability Events Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the value of services provided for events management under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where payments are received from customers in advance of the event the amounts are recorded as Deferred income and included under creditors due within one year and shown as trade creditors.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Office equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

27,010

AMORTISATION

At 1 January 2024

and 31 December 2024

27,010

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Office

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

93,456

6,253

70,349

6,244

176,302

Additions

-

-

63,815

-

63,815

At 31 December 2024

93,456

6,253

134,164

6,244

240,117

DEPRECIATION

At 1 January 2024

91,073

4,833

58,581

6,243

160,730

Charge for year

936

480

16,687

-

18,103

At 31 December 2024

92,009

5,313

75,268

6,243

178,833

NET BOOK VALUE

At 31 December 2024

1,447

940

58,896

1

61,284

At 31 December 2023

2,383

1,420

11,768

1

15,572

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

23,600

DEPRECIATION

At 1 January 2024

and 31 December 2024

23,599

NET BOOK VALUE

At 31 December 2024

1

At 31 December 2023

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

10,256

30,683

Other debtors

180,450

164,637

190,706

195,320

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

30,867

7

Hire purchase contracts

10,712

-

Trade creditors

7,108

6,797

Taxation and social security

7,388

60,162

Other creditors

38,482

31,317

94,557

98,283

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

54,044

-

Other creditors

4,197

64,529

58,241

64,529

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Mr W J B Leeke

Balance outstanding at start of year

139,122

180,130

Amounts advanced

-

18,744

Amounts repaid

-

(59,752

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

139,122