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Registration number: 08994189

SideFest Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2026

SideFest Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 5

SideFest Limited

(Registration number: 08994189)
Balance Sheet as at 30 April 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 5 | 4,537 | 6,747
Current assets |  |  |
Debtors | 6 | 3,866 | 1,971
Cash at bank and in hand |  | 19,641 | 6,319
|  | 23,507 | 8,290
Creditors: Amounts falling due within one year | 7 | (43,328) | (29,130)
Net current liabilities |  | (19,821) | (20,840)
Net liabilities |  | (15,284) | (14,093)
Capital and reserves |  |  |
Called up share capital |  | 3 | 3
Retained earnings |  | (15,287) | (14,096)
Shareholders' deficit |  | (15,284) | (14,093)

For the financial year ending 30 April 2026 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 6 July 2026 and signed on its behalf by:

......................................... J Boomer Director

SideFest Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL

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.

Going concern

The financial statements have been prepared on a going concern basis as Queensmere Properties Limited, the company's major creditor, has confirmed that it will provide sufficient funding for the company to trade for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of event planning services and 3D printing services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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
Office Equipment | 20% Straight Line Basis

SideFest Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Intangible Assets | 20% Straight Line Basis

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

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.

SideFest Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 May 2025 | 2,197 | 2,197
At 30 April 2026 | 2,197 | 2,197
Amortisation
At 1 May 2025 | 2,197 | 2,197
At 30 April 2026 | 2,197 | 2,197
Carrying amount
At 30 April 2026 | - | -

5 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 May 2025 | 20,107 | 20,107
At 30 April 2026 | 20,107 | 20,107
Depreciation
At 1 May 2025 | 13,360 | 13,360
Charge for the year | 2,210 | 2,210
At 30 April 2026 | 15,570 | 15,570
Carrying amount
At 30 April 2026 | 4,537 | 4,537
At 30 April 2025 | 6,747 | 6,747

SideFest Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

6 | Debtors

Current | 2026 £ | 2025 £
Prepayments | 418 | 434
Other debtors | 3,448 | 1,537
| 3,866 | 1,971

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 160 | -
Taxation and social security | 1,022 | 63
Other creditors | 42,146 | 29,067
| 43,328 | 29,130

8 | Related party transactions

Other transactions with directors

J Boomer (Director) made a loan to the company. At the balance sheet date the amount due to J Boomer was £18,248 (2025: £936).
E Kirby (Director) made a loan to the company. At the balance sheet date the amount due to E Kirby was £1,248 (2025: £936).