Phase 20 Events Ltd

	Page
Balance Sheet	1
Statement of Changes in Equity	2
Notes to the Financial Statements	3—4

Registered number: 11820283

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	12,016		13,135
Cash at bank and in hand		640		3,543

		12,656		16,678
Creditors: Amounts Falling Due Within One Year	5	(82,372 )		(74,731 )

NET CURRENT ASSETS (LIABILITIES)			(69,716 )		(58,053 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(69,716 )		(58,053 )

NET LIABILITIES			(69,716 )		(58,053 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			(69,816 )		(58,153 )

SHAREHOLDERS' FUNDS			(69,716)		(58,053)

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Carmen Gil Prados

Director

26/06/2026

The notes on pages 3 to 4 form part of these financial statements.

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 29 February 2024	100	(42,538 )	(42,438)
Loss for the year and total comprehensive income	-	(15,615 )	(15,615)

As at 28 February 2025 and 1 March 2025	100	(58,153 )	(58,053)


Loss for the year and total comprehensive income	-	(11,663 )	(11,663)

As at 28 February 2026	100	(69,816 )	(69,716)

1. General Information

Phase 20 Events Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11820283 . The registered office is 19 The Circle, Queen Elizabeth Street, London, England, SE1 2JE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	11,440	11,440
Prepayment	399	399
Other debtors - Unpaid Share Capital	100	100
VAT	-	1,119
Other taxes and social security	77	77

	12,016	13,135

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	60	(230 )
VAT	15	-
Loan from Intercompany	81,435	74,099
Directors' loan accounts	862	862

	82,372	74,731

6. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

Page 3

Page 4

Phase 20 Events Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

7. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans to directors:

	As at 1 March 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Ms Carmen Gil Prados	862	-	-	-	862

The above loan is unsecured, interest free and repayable on demand.

8. Related Party Transactions

The ultimate parent company is phase 20 S.L., a company incorporated in Spain. During the year, the company has taken loan to the parent company amounting to £7,335 (2025: £2,158). The outstanding amount as at 28.02.2026 is £81,435 (2025:£74,099) which is also included in note no. 5 above.

9. Ultimate Controlling Party

The company's ultimate controlling parties are Ms Carmen Gil Prados by virtue of his ownership of more than 50% but less than 75% and Enrique Gil Cabrera by virtue of his ownership of more than 25% but less than 50% of the issued share capital in the company.