CMG EVENTS LIMITED


Directors	Lady Petersham
	Lord Petersham


Registered Address	Number 3 Acorn Business Park
	Airedale Business Centre
	Skipton
	BD23 2UE


Registered Number	07668488 (England and Wales)

Statement of Financial Position
29 June 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	5		810		1,802
			810		1,802
Current assets
Debtors	6	4,800		9,530
Cash at bank and on hand		348,451		362,597
		353,251		372,127
Creditors amounts falling due within one year	7	(79,811)		(77,841)
Net current assets (liabilities)			273,440		294,286
Total assets less current liabilities			274,250		296,088
Net assets			274,250		296,088
Capital and reserves
Called up share capital			1		1
Profit and loss account			274,249		296,087
Shareholders' funds			274,250		296,088

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 8 September 2026, and are signed on its behalf by:

Lord Petersham
Director
Registered Company No. 07668488

CMG EVENTS LIMITED

Notes to the Financial Statements
for the year ended 29 June 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The financial statements have been prepared on the going concern basis which assumes that the company will continue to receive the support of the director. Due to ongoing support of the company's principal shareholder the director believes it is appropriate to prepare the financial statements on a going concern basis which assumes that the company will continue to be in operational existence for the foreseeable future.

Going concern

The financial statements have been prepared on the going concern basis which assumes that the company will continue to receive the support of the director.

Due to ongoing support of the company's principal shareholder the director believes it is appropriate to prepare the financial statements on a going concern basis which assumes that the company will continue to be in operational existence for the foreseeable future.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Employee benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation.

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in accruals in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Intangible assets
	Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4

	Financial instruments
	The Company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		3

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 30 June 25	5,160	5,160
At 29 June 26	5,160	5,160
Amortisation and impairment
At 30 June 25	5,160	5,160
At 29 June 26	5,160	5,160
Net book value
At 29 June 26	-	-
At 29 June 25	-	-

4.	Useful life of intangible assets
	Intangible assets are not permitted to have an indefinite life and must be amortised over their estimated useful life. The estimated useful life of Goodwill has been set at 4 years and the asset will be amortised on a straight-line basis over that period.

5.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 30 June 25	195,302	195,302
At 29 June 26	195,302	195,302
Depreciation and impairment
At 30 June 25	193,500	193,500
Charge for year	992	992
At 29 June 26	194,492	194,492
Net book value
At 29 June 26	810	810
At 29 June 25	1,802	1,802

6.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	4,800	4,800
Other debtors	-	4,730
Total	4,800	9,530


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

7.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	859	171
Other creditors	76,137	74,612
Accrued liabilities and deferred income	2,815	3,058
Total	79,811	77,841


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

8.	Pension commitments
	The pension cost charge represents contributions payable by the company to the fund and amounted to £390 (2025 - £354). Contributions totalling £159 (2025 - £75) were payable to the fund at the reporting date and are included in creditors.

9.	Related party transactions
	Included in creditors, amounts falling due within one year, is a balance of £74,537 (2025 - £74,537) due to Lord Petersham. This amount is interest free and repayable on demand.