Registration number: 04999527

U2 Events Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 8

U2 Events Limited

(Registration number: 04999527)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	108,709	84,337
Current assets
Debtors	6	177,934	206,171
Cash at bank and in hand		182,574	78,777
		360,508	284,948
Creditors: Amounts falling due within one year	7	(111,729)	(125,906)
Net current assets		248,779	159,042
Total assets less current liabilities		357,488	243,379
Creditors: Amounts falling due after more than one year	7	(19,270)	(137)
Net assets		338,218	243,242
Capital and reserves
Called up share capital	8	1	1
Retained earnings		338,217	243,241
Shareholders' funds		338,218	243,242

For the financial year ending 31 December 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 his 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 14 July 2026
 

......................................... GW Buckingham Director

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

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

The address of its registered office is:
Deerswood House
Beacon Road
Crowborough
East Sussex
TN6 1UD

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.

The financial statements are presented in Sterling, which is the functional currency of the company.

Revenue recognition

Turnover comprises the value of services supplied by the company, net of Value Added Tax and trade discounts. Revenue is recognised in the accounts on the basis of the degree of completion of the services provided.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

2	Accounting policies (continued)

Tangible assets

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

Depreciation

Depreciation is charged so as to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% per annum of cost
Motor vehicles	25% per annum of cost
Buildings	10% per annum of cost

Leases

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals under operating leases are charged to profit and loss on a straight line basis over the life of the lease.

Defined contribution pension obligation

The company contributes to defined contribution pension schemes on behalf of its staff. Employer contributions are expended to profit and loss.

Financial instruments

Classification
Financial instruments are classified on initial recognition as either basic or more complex under sections 11 and 12 of FRS 102. To date, the company has only entered into transactions involving basic financial instruments.
 Recognition and measurement
Financial assets are initially measured at cost (including transaction costs) and are subsequently measured at cost less impairment.

Financial liabilities are initially recognised at the proceeds of the loan less separately incurred transaction costs. Subsequently, loans received are measured at amortised cost using the effective interest method.
 

3	Staff numbers

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

4	Profit before tax

Arrived at after charging/(crediting)

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Profit before tax (continued)

	2025 £	2024 £
Depreciation expense	23,466	36,388

5	Tangible assets

	Land and buildings £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2025	58,669	83,710	165,889	308,268
Additions	-	29,935	29,048	58,983
Disposals	-	(22,290)	-	(22,290)
At 31 December 2025	58,669	91,355	194,937	344,961
Depreciation
At 1 January 2025	17,601	59,664	146,666	223,931
Charge for the year	5,867	4,924	12,675	23,466
Eliminated on disposal	-	(11,145)	-	(11,145)
At 31 December 2025	23,468	53,443	159,341	236,252
Carrying amount
At 31 December 2025	35,201	37,912	35,596	108,709
At 31 December 2024	41,068	24,046	19,223	84,337

Included within the net book value of land and buildings above is £35,201 (2024 - £41,068) in respect of freehold land and buildings.
 

6

Debtors

Current	2025 £	2024 £
Trade debtors	39,611	3,247
Prepayments	20,089	47,879
Other debtors	118,234	155,045
	177,934	206,171

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	9,630	11,716
Trade creditors		5,137	6,422
Taxation and social security		90,379	101,573
Accruals and deferred income		-	1,497
Other creditors		6,583	4,698
		111,729	125,906

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	19,270	137

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £0.01 each	85	1	85	1
B Ordinary shares of £0.01 each	15	-	15	-
	100	1	100	1

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	19,270	137

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9	Loans and borrowings (continued)

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	9,630	11,716

10	Financial commitments

Amounts not provided for in the balance sheet

At 31 December 2025 the company had total commitments under non-cancellable operating leases over the remaining life of the leases of £114,000 (2024 - £35,000).

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

11	Related party transactions

Transactions with the director

2025	At 1 January 2025 £	Advances to director £	Repayments by director £	At 31 December 2025 £
GW Buckingham
Loan	61,358	49,538	(61,358)	49,538

2024	At 1 January 2024 £	Advances to director £	At 31 December 2024 £
GW Buckingham
Loan	-	61,358	61,358

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	10,284	10,284
Contributions paid to money purchase schemes	60,000	60,000
	70,284	70,284

Loans to related parties

2025	Other related parties £	Total £
At start of period	61,357	61,357
Advanced	49,538	49,538
Repaid	(61,357)	(61,357)
At end of period	49,538	49,538

U2 Events Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

11	Related party transactions (continued)

2024	Other related parties £	Total £
Advanced	61,357	61,357
At end of period	61,357	61,357

Terms of loans to related parties

The related party's loan was overdrawn by £49,538 at the year-end date and it was repaid on 6 April 2026, which is within 9 months of the year-end date.