ACCOUNTS - Final Accounts

Cash and cash equivalents

Registered number: 08705601

BOOMTOWN EVENTS LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

BOOMTOWN EVENTS LIMITED

REGISTERED NUMBER: 08705601

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	31 December	31 October
	2024	2023
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	373,282		1,049
Cash at bank and in hand	5	37,217		4,807
		410,499		5,856
Creditors: amounts falling due within one year	6	(406,507)		(10,155)
Net current assets/(liabilities)			3,992		(4,299)
Total assets less current liabilities			3,992		(4,299)

Net assets/(liabilities)			3,992		(4,299)

Capital and reserves
Called up share capital	7	4	4
Profit and loss account		3,988	(4,303)
		3,992	(4,299)

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 comprehensive income 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 30 September 2025.

C Rutherford	L M Mitchell
Director	Director

The notes on pages 2 to 6 form part of these financial statements.

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BOOMTOWN EVENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

Boomtown Events Limited is a private company limited by shares and is registered and incorporated in England and Wales, United Kingdom, registration number 08705601. The address of the registered office is 126 Albert Road, St. Philips, Bristol, England, BS2 0YA. The principal activity of the company was that of event organisation.

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 financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest pound sterling.

The following principal accounting policies have been applied:

2.2

Financial Reporting Standard 102 - reduced disclosure exemptions

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A.

∙the requirements of Section 29 Income tax paragraphs 29.28(b) and 29.29. This is an exemption from certain disclosures in relation to Pillar Two model rules where an entity is, or expects to be, within the scope of the Pillar Two legislation. The exemption is dependent on equivalent disclosures being made in the consolidated financial statements. It is not an exemption from all Pillar Two model rules and disclosures. Qualifying entities are still required to provide disclosures in accordance with paragraph 29.26 (g) and 29.28(a) if Pillar two model rules are applicable.

This information is included in the consolidated financial statements of Circus of Boom Limited as at 31 December 2024 and these financial statements may be obtained from Companies House.

2.3

Change in length of reporting period

The period covered by these financial statements is 1 November 2023 to 31 December 2024. The accounting period has changed from 12 months in 2023 to 14 months in 2024 due to a change in the year-end from 31 October to 31 December. As a result the comparatives are no longer entirely comparable.

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BOOMTOWN EVENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

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:

Revenue from the sale of goods and services are recognised in reference to the date of the festival to which it relates. This revenue is recognised when both consideration due and costs associated with sale can be measured reliably.

2.5

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.

2.6

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.

2.7

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.

2.8

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the

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BOOMTOWN EVENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.8

Financial instruments (continued)

asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Employees

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

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BOOMTOWN EVENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

Debtors

					31 December	31 October
					2024	2023
					£	£


Trade debtors	94,475	-
Other debtors	4,092	1,049
Prepayments and accrued income	274,715	-
	373,282	1,049

Cash at bank and in hand	37,217	4,807
	37,217	4,807

Trade creditors	23,637	-
Amounts owed to group undertakings	140,576	9,305
Accruals and deferred income	242,294	850
	406,507	10,155

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BOOMTOWN EVENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

Allotted, called up and fully paid

4 (2023 - 4) Ordinary shares of £1.00 each	4	4

8.	Related party transactions
	The company has taken advantage of the exemption in section 33 of FRS 102 from disclosing transactions or balances between wholly owned group entities.

9.	Controlling party

The immediate UK parent undertaking for which consolidated accounts are prepared is Circus of Boom Limited. These consolidated accounts may be obtained from the Companies House website.

10.	Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 30 September 2025 by Matthew Wells ACA (Senior statutory auditor) on behalf of Haslers.

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