REGISTERED NUMBER: 07402362 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

STORY EVENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr JG Lawson

Ms EM Sawford

REGISTERED OFFICE:

Unit 10

Deptford Trading Estate

Blackhorse Road

London

SE8 5HY

REGISTERED NUMBER:

07402362 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mr Westleigh Scales FCA FMAAT

AUDITORS:

Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

BANKERS:

Lloyds Bank Plc

28 Secklow Gate West

Milton Keynes

MK9 3EH

FIXED ASSETS

Intangible assets

4

252,533

339,116

Tangible assets

5

70,570

56,468

323,103

395,584

CURRENT ASSETS

Debtors

6

2,563,561

4,489,448

Cash at bank

43,621

1,448,299

2,607,182

5,937,747

CREDITORS

Amounts falling due within one year

7

2,103,589

5,548,205

NET CURRENT ASSETS

503,593

389,542

TOTAL ASSETS LESS CURRENT LIABILITIES

826,696

785,126

CAPITAL AND RESERVES

Called up share capital

11

11

Share premium

7,706

7,706

Retained earnings

818,979

777,409

SHAREHOLDERS' FUNDS

826,696

785,126

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 26 May 2026 and were signed on its behalf by:

Mr JG Lawson - Director

Ms EM Sawford - Director

1.	STATUTORY INFORMATION

Story Events Ltd 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 preparation

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.

Financial forecasts prepared by the directors show that the company will be able to operate within the facilities available. On that basis the directors have prepared these financial statements on a going concern basis.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax. Turnover is recognised at the date events are held. Income and deposits received for events held after the year end are included as deferred income.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011 and 2023, is being amortised evenly over its estimated useful life of three and five years respectively.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

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.

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, where material, at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are measured subsequently, where material, at amortised cost using the effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

432,914

AMORTISATION

At 1 September 2024

93,798

Charge for year

86,583

At 31 August 2025

180,381

NET BOOK VALUE

At 31 August 2025

252,533

At 31 August 2024

339,116

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

97,693

Additions

35,437

At 31 August 2025

133,130

DEPRECIATION

At 1 September 2024

41,225

Charge for year

21,335

At 31 August 2025

62,560

NET BOOK VALUE

At 31 August 2025

70,570

At 31 August 2024

56,468

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

246,739

188,070

Amounts owed by group undertakings

1,740,731

2,368,579

Other debtors

576,091

1,932,799

2,563,561

4,489,448

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Deferred income

840,751

3,104,791

Trade creditors

202,433

1,294,848

Amounts owed to group undertakings

998,344

865,477

Taxation and social security

-

67,280

Other creditors

62,061

215,809

2,103,589

5,548,205

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

139,449

130,009

Between one and five years

134,136

-

273,585

130,009

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Westleigh Scales FCA FMAAT (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

10.	CONTINGENT LIABILITIES

The company is entered into an omnibus guarantee and set-off agreement with other group companies in respect of any debts owed to Lloyds Bank plc. The maximum liability under the guarantee is £175,000 (2024: £325,000). No provision has been recognised as the directors consider the likelihood of the guarantee being called to be remote.

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end £Nil (2024: £83,888) was owed to Battersea Evolution Limited from Story Events Limited.

Mr JG Lawson and Ms EM Sawford, directors, are also directors of Battersea Evolution Limited.

Battersea Evolution Limited is 50% owned by Smart (Group) Limited.

12.	ULTIMATE PARENT PARTY

The immediate parent company is Smart (Group) Limited, incorporated in England, who were also the ultimate parent company up to 29 October 2024.

During the year the group underwent a restructuring process, therefore as of 29 October 2024 the company regards Smart Topco Limited, incorporated in England, as its ultimate parent company and controlling party.

The group accounts can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.