REGISTERED NUMBER: 10533866 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

EPS EVENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr AD Sinclair

Mr S Tobie

REGISTERED OFFICE:

Granville Hall

Granville Road

Leicester

Leicestershire

LE1 7RU

REGISTERED NUMBER:

10533866 (England and Wales)

SENIOR STATUTORY AUDITOR:

Mr AR Turner FCA FMAAT

AUDITORS:

Mark J Rees LLP Chartered Accountants

and Statutory Auditors

Granville Hall

Granville Road

Leicester

LE1 7RU

BANKERS:

National Westminster Bank Plc

5 Market Place

Chesterfield

S40 1TW

FIXED ASSETS

Tangible assets

4

351,729

395,829

CURRENT ASSETS

Stocks

5

49,215

40,087

Debtors

6

734,321

570,560

Cash at bank and in hand

515,981

232,497

1,299,517

843,144

CREDITORS

Amounts falling due within one year

7

1,342,659

2,950,950

NET CURRENT LIABILITIES

(43,142

)

(2,107,806

)

TOTAL ASSETS LESS CURRENT LIABILITIES

308,587

(1,711,977

)

CAPITAL AND RESERVES

Called up share capital

10

2,000,001

1

Retained earnings

(1,691,414

)

(1,711,978

)

SHAREHOLDERS' FUNDS

308,587

(1,711,977

)

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 27 February 2026 and were signed on its behalf by:

Mr AD Sinclair - Director

1.	STATUTORY INFORMATION

EPS Event Limited 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 preparing the financial statements

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.

Related party exemption

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.

Significant judgements and estimates

There were no areas in which the preparation of the financial statements required to make significant judgements or estimates

Turnover

Revenue comprises the fair value of consideration received or receivable for the provision of staging, equipment hire and associated event production services, excluding value added tax. Revenue represents net invoiced amounts less estimated rebates, returns and settlement discounts.

Revenue from event services, including the hire of staging and technical equipment and related support services, is recognised in the period in which the event takes place and the services are delivered.

Income and deposits received in advance of events taking place after the year end are recognised as deferred income.

Tangible fixed assets

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

Leasehold improvements

-

over 10 years

Hire assets

-

at varying rates on cost

Plant and machinery

-

33% on cost, 20% on cost and 20% on reducing balance

Fixtures and fittings

-

various rates on cost & reducing balance

Motor vehicles

-

various rates on cost & reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

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

Creditors

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

Going concern

The company made a profit during the year ended 31 December 2025 of £20,564 (2024: £43,164) and had net assets of £308,587 (2024 net liabilities of £1,711,977) at that date.

The directors consider the going concern basis to be appropriate having paid due regard to the company's projected results during the twelve months from the date the financial statements are approved, the anticipated cash flows, availability of support from the company's ultimate parent undertaking and other mitigating actions that can be taken during the period.

Should the company be unable to continue to trade, adjustments would have to be made to reduce the assets to their recoverable amount, to provide for any further liabilities which may arise, and to reclassify fixed assets as current.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Hire

Plant and

improvements

assets

machinery

£

£

£

COST

At 1 January 2025

64,098

264,938

60,049

Additions

-

53,497

3,777

Disposals

-

-

-

At 31 December 2025

64,098

318,435

63,826

DEPRECIATION

At 1 January 2025

13,797

107,127

48,990

Charge for year

7,275

48,654

2,455

Eliminated on disposal

-

-

-

At 31 December 2025

21,072

155,781

51,445

NET BOOK VALUE

At 31 December 2025

43,026

162,654

12,381

At 31 December 2024

50,301

157,811

11,059

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

77,914

206,924

13,427

687,350

Additions

3,119

8,125

-

68,518

Disposals

-

(32,950

)

-

(32,950

)

At 31 December 2025

81,033

182,099

13,427

722,918

DEPRECIATION

At 1 January 2025

25,793

86,408

9,406

291,521

Charge for year

13,034

36,980

2,177

110,575

Eliminated on disposal

-

(30,907

)

-

(30,907

)

At 31 December 2025

38,827

92,481

11,583

371,189

NET BOOK VALUE

At 31 December 2025

42,206

89,618

1,844

351,729

At 31 December 2024

52,121

120,516

4,021

395,829

5.

STOCKS

2025

2024

£

£

Stocks

49,215

40,087

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

205,033

207,420

Amounts owed by group undertakings

3,254

4,751

Other debtors

526,034

358,389

734,321

570,560

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,639

19,744

Amounts owed to group undertakings

1,176,432

2,835,020

Taxation and social security

24,503

65,335

Other creditors

120,085

30,851

1,342,659

2,950,950

8.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

110,000

110,000

Between one and five years

440,000

440,000

In more than five years

118,668

228,668

668,668

778,668

9.	DEFERRED TAX

£

Balance at 1 January 2025

(272,451

)

Provided during year

2,590

Balance at 31 December 2025

(269,861

)

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

2,000,000

Preference Shares

£1

2,000,000

-

2,000,001

1

2,000,000 Preference Shares of £1 each were allotted and fully paid during the year in settlement of an intercompany loan of £2,000,000.

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

The Report of the Auditors was unqualified.

Mr AR Turner FCA FMAAT (Senior Statutory Auditor)

for and on behalf of Mark J Rees LLP Chartered Accountants

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr AD Sinclair

Balance outstanding at start of year

308

146

Amounts advanced

-

162

Amounts repaid

(193

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

115

308

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

13.	ULTIMATE CONTROLLING PARTY

The controlling party is EPS Holding GmbH of Talangerstr. 5, 82152 Krailling, Germany. Copies of the consolidated financial statements are available from the German Federal Gazette.

14.	PENSION COMMITMENTS

The company operates defined contribution pension schemes. The assets of the schemes are held separately from those of the company within independently administered funds. The total contributions paid in the year amounted to £13,225 (2024 - £55,297). Contributions of £Nil (2024 - £Nil) were unpaid at the year end.