Registration number: 12401277

Violet Exhibitions Limited

trading as Violet Exhibitions

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Violet Exhibitions Limited

trading as Violet Exhibitions

Company Information

Directors

Mr Mark Powell Mrs Julie Powell

Registered office

Alpha House Coventry Road Fillongley Warwickshire CV7 8ET

Accountants

Accentis Limited Parallel House 32 London Road Guildford GU1 2AB

Violet Exhibitions Limited

trading as Violet Exhibitions

(Registration number: 12401277)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	26,428	7,909
Current assets
Debtors	5	87,471	76,355
Creditors: Amounts falling due within one year	6	(102,949)	(118,087)
Net current liabilities		(15,478)	(41,732)
Total assets less current liabilities		10,950	(33,823)
Creditors: Amounts falling due after more than one year	6	(50,315)	(36,280)
Net liabilities		(39,365)	(70,103)
Capital and reserves
Called up share capital	7	100	100
Retained earnings		(39,465)	(70,203)
Shareholders' deficit		(39,365)	(70,103)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2025 and signed on its behalf by:
 

Violet Exhibitions Limited

trading as Violet Exhibitions

(Registration number: 12401277)
Balance Sheet as at 31 December 2024

......................................... Mr Mark Powell Director

......................................... Mrs Julie Powell Director

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Alpha House
Coventry Road
Fillongley
Warwickshire
CV7 8ET
United Kingdom

These financial statements were authorised for issue by the Board on 30 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Asset class	Depreciation method and rate
Office equipment	25% straight line
Motor vehicles	25% reducing balance
Plant and equipment	25% reducing balance

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 3).

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	7,211	4,250	9,052	20,513
Additions	2,056	22,573	3,440	28,069
At 31 December 2024	9,267	26,823	12,492	48,582
Depreciation
At 1 January 2024	5,290	3,121	4,193	12,604
Charge for the year	2,410	5,925	1,215	9,550
At 31 December 2024	7,700	9,046	5,408	22,154
Carrying amount
At 31 December 2024	1,567	17,777	7,084	26,428
At 31 December 2023	1,921	1,129	4,859	7,909

5

Debtors

Current	2024 £	2023 £
Trade debtors	41,580	28,049
Prepayments	-	2,788
Other debtors	45,891	45,518
	87,471	76,355

6

Creditors

Creditors: amounts falling due within one year

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	8	28,797	21,801
Trade creditors		41,854	26,782
Taxation and social security		33,553	69,109
Accruals and deferred income		1,800	3,450
Other creditors		(3,055)	(3,055)
		102,949	118,087

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	8	50,315	36,280

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary share of £1 each	100	100	100	100

8	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	32,904	36,280
Hire purchase contracts	17,411	-
	50,315	36,280

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	6,822	10,149
Bank overdrafts	17,396	11,652
Hire purchase contracts	4,579	-
	28,797	21,801

9	Related party transactions

Violet Exhibitions Limited

trading as Violet Exhibitions

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	65,000	64,952

Loans to related parties

2024	Key management £	Total £
At start of period	31,850	31,850
Repaid	(240)	(240)
At end of period	31,610	31,610

2023	Key management £	Total £
At start of period	33,133	33,133
Repaid	(1,283)	(1,283)
At end of period	31,850	31,850