Incredibly Cool Events Limited

(Registration number: 09753526)
Abridged Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,814	3,103
Current assets
Stocks	6	2,000	9,600
Debtors		240,895	157,204
Cash at bank and in hand		107,818	229,590
		350,713	396,394
Creditors: Amounts falling due within one year	7.1	(86,875)	(121,722)
Net current assets		263,838	274,672
Total assets less current liabilities		265,652	277,775
Creditors: Amounts falling due after more than one year	7.2	-	(14,604)
Accruals and deferred income		(1,850)	(1,750)
Net assets		263,802	261,421
Capital and reserves
Called up share capital	9	100	100
Retained earnings		263,702	261,321
Shareholders' funds		263,802	261,421

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 May 2026
 

K L Mason Director

Incredibly Cool Events Limited

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales, and the company's registration number is 09753526. The registered office address is Stanmore House, 64-68 Blackburn Street, Radcliffe, Manchester, M26 2JS.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These abridged 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 abridged financial accounts 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 represents the value of sales of goods and services, net of value added tax.

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:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	33% Straight line method

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2024 - 4).

4	Intangible assets

Computer software with a historical cost of £12,470 has been fully amortised.

Incredibly Cool Events Limited

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 August 2025

5	Tangible assets

	Total £
Cost or valuation
At 1 September 2024	23,737
Additions	358
At 31 August 2025	24,095
Depreciation
At 1 September 2024	20,635
Charge for the year	1,646
At 31 August 2025	22,281
Carrying amount
At 31 August 2025	1,814
At 31 August 2024	3,103

6

Stocks

	2025 £	2024 £
Merchandise	2,000	9,600

7

Creditors

Creditors: amounts falling due within one year

Creditors include bank loans which are secured of £15,000 (2024 - £20,000).

Creditors: amounts falling due after more than one year

Creditors include bank loans which are secured of £nil (2024 - £15,000).

8

Security

Lloyds Bank PLC hold a debenture dated 22 June 2022 giving a fixed and floating charge over the property and fixtures, in support of borrowings from it.

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £15,146 (2024 - £Nil).

Amounts disclosed in the balance sheet

Included in the balance sheet are employer pension contributions paid after date of £225 (2024 - £216).

Incredibly Cool Events Limited

Notes to the Unaudited Abridged Financial Accounts for the Year Ended 31 August 2025

11	Transition to FRS 102

There have been no reclassifications or remeasurements of any of the figures at 31 August 2022 or 2024 and therefore the figures are as originally reported.

12	Related party transactions

At the year end the director owed the company £12,363 in respect of a loan held with the company (2024 - £68,669). This loan became overdrawn to a maximum of £165,759 in the year (2024 - £68,669). The company made total advances to the director of £124,005 and received credits of £180,311.

Included in debtors is a loan of £119,967 (2024 - £88,437) owed by Incredibly Cool Enterprise Limited, a company in which the director is also a director and shareholder. There is also a loan of £100,370 (2024 - Nil) owed by Incredibly Cool Estates, which is also a company that the director is a director and shareholder of.

No interest is charged on these loans and they are repayable on demand.