REGISTERED NUMBER: 08585193 (England and Wales)

EVENTEEM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss C Gravelle

C Dagnall

SECRETARY:

Mrs M Gravelle

REGISTERED OFFICE:

Unit 17-18

Goodsheds Container Village

Hood Road

Barry

Vale of Glamorgan

CF62 5QU

REGISTERED NUMBER:

08585193 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

9,843

6,415

9,843

6,415

CURRENT ASSETS

Debtors

6

166,266

232,306

Cash at bank

101,279

31,454

267,545

263,760

CREDITORS

Amounts falling due within one year

7

267,580

203,447

NET CURRENT (LIABILITIES)/ASSETS

(35

)

60,313

TOTAL ASSETS LESS CURRENT LIABILITIES

9,808

66,728

CREDITORS

Amounts falling due after more than one year

8

-

(50,000

)

PROVISIONS FOR LIABILITIES

12

(2,461

)

(1,604

)

NET ASSETS

7,347

15,124

CAPITAL AND RESERVES

Called up share capital

13

100

100

Retained earnings

7,247

15,024

SHAREHOLDERS' FUNDS

7,347

15,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Miss C Gravelle - Director

1.	STATUTORY INFORMATION

Eventeem 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. In making their assessment, the directors have reviewed the balance sheet, the likely future cashflows of the business and have considered the facilities that are available to the company along with their continued support.

At the date of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and that the going concern basis of accounting remains appropriate. The directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Significant judgements and estimates

In the application of the company's accounting policies, which are described in note 2, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Turnover

Turnover is measured at fair value of the consideration received or receivable net of VAT and discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of Services:

Turnover relates to services and is recognised by reference, and at the time, the service is delivered to the customer for weekly and monthly engagements.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent impairment losses.

Intangible assets acquired as part of a business combination are recorded at the fair value at the acquisition date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows;

Goodwill

-

Amortised over 5 years

Website

-

Amortised over 3 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

20% on cost

Promotional equipment

-

25% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

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

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

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefit will be required in settlement and the amount can be reliable estimated.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

Cash and cash equivalents

Cash and cash equivalents are basic financial instruments and include cash in hand and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments".

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets

Basic financial assets, which include trade and other debtors, loans to related companies and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors, loans to related companies and bank loans are initially recognised at transaction price unless the arrangement constitutes a financial transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 186 (2024 - 166 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

Website

Totals

£

£

£

COST

At 1 June 2024

and 31 May 2025

152,000

18,415

170,415

AMORTISATION

At 1 June 2024

and 31 May 2025

152,000

18,415

170,415

NET BOOK VALUE

At 31 May 2025

-

-

-

At 31 May 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Promotional

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2024

22,519

8,353

10,875

41,747

Additions

4,194

1,784

956

6,934

At 31 May 2025

26,713

10,137

11,831

48,681

DEPRECIATION

At 1 June 2024

19,187

6,640

9,505

35,332

Charge for year

2,278

727

501

3,506

At 31 May 2025

21,465

7,367

10,006

38,838

NET BOOK VALUE

At 31 May 2025

5,248

2,770

1,825

9,843

At 31 May 2024

3,332

1,713

1,370

6,415

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

112,770

152,067

Other debtors

53,496

80,239

166,266

232,306

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

50,000

50,000

Taxation and social security

110,180

84,812

Other creditors

107,400

68,635

267,580

203,447

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

-

50,000

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

50,000

50,000

Amounts falling due between one and two years:

Bank loan

-

50,000

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

8,430

9,000

Between one and five years

3,513

22,575

11,943

31,575

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

50,000

100,000

HSBC Bank PLC hold a fixed and floating charge dated 18 May 2020 over all assets now or in the future belonging to the company in relation to the HSBC loan.

Close Brothers finance hold an all assets debenture and a personal guarantee limited to £30,000 and indemnity from the director.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

2,461

1,604

Deferred

tax

£

Balance at 1 June 2024

1,604

Accelerated capital allowances

857

Balance at 31 May 2025

2,461

13.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

NIL

Ordinary

£1

-

100

95

Ordinary 'A' shares

£1

95

-

5

Ordinary 'B' shares

£1

5

-

100

100

100 £1 Ordinary shares were reclassified during the year into 95 Ordinary A shares of £1 each and 5 Ordinary B shares of £1 each. The total issued share capital remains at £100.

14.	TRANSACTIONS WITH DIRECTORS

At 31 May 2025, amounts owed to directors totalled £35,206 (2024: £359), included within creditors due within one year. These balances are unsecured, interest free and repayable on demand.

15.	RELATED PARTY DISCLOSURES

16.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss C Gravelle.