The Angels Events Limited

1. General Information

The Angels Events Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04930574 . The registered office is Belvedere House, Victoria Avenue, Harrogate, North Yorkshire, HG1 1EL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities -

The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Turnover is measured at the fair value of the consideration receivable for goods supplied and services rendered, net of

discounts and Value Added Tax.

Event income is recognised once the event has taken place.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% straight line
Motor Vehicles	20% straight line
Fixtures & Fittings	20% straight line
Computer Equipment	20% straight line

2.4. Leasing and Hire Purchase Contracts

Assets acquired under hire purchase contracts are depreciated over their useful lives. Obligations under such agreements are included in the 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.

2.5. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

2.6. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting

period.

Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in

other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive

income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of

tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the

reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other

deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of

deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have

been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing

difference.

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The Angels Events Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 January 2026

2.7. Pensions

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is

provided.

2.8. Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

2.9. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2025: 5)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 31 January 2025	50,057	111,654	15,448	61,255	238,414
Additions	-	66,047	2,570	3,437	72,054
Disposals	-	(79,715 )	-	-	(79,715 )

As at 30 January 2026	50,057	97,986	18,018	64,692	230,753

Depreciation
As at 31 January 2025	36,524	77,111	13,870	54,259	181,764
Provided during the period	7,370	11,008	566	3,340	22,284
Disposals	-	(45,172 )	-	-	(45,172 )

As at 30 January 2026	43,894	42,947	14,436	57,599	158,876

Net Book Value
As at 30 January 2026	6,163	55,039	3,582	7,093	71,877

As at 31 January 2025	13,533	34,543	1,578	6,996	56,650

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The Angels Events Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 January 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	161
Amounts owed by participating interests	468,523	506,615
Other debtors	92,547	164,959

	561,070	671,735

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	9,906	42,319
Trade creditors	165,342	262,198
Bank loans and overdrafts	17,778	53,333
Other creditors	137,945	48,337
Taxation and social security	8,201	2,449

	339,172	408,636

Included in creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £9,906 (2025 - £42,319) which are secured against the assets to which they relate.

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	61,085	-
Bank loans	-	17,778

	61,085	17,778

Included in creditors: amounts falling due after more than one year, are net obligations under hire purchase contracts of £61,085 (2025 - £nil) which are secured against the assets to which they relate.

8. Pension Commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,657 (2025 - £2,582).

Contributions totalling £138 (2025 - £437) were payable to the fund at the year end, and are included in creditors: amounts falling due within one year.

9. Directors Advances, Credits and Guarantees

Included within other debtors are the following loans to directors:

	As at 31 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 30 January 2026
	£	£	£	£	£
Mr Mark Richardson	30,761	(30,761 )	-	-	-
Mrs Eleanor Richardson	30,761	(30,761 )	-	-	-

The above loans are interest free and repayable on demand.

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The Angels Events Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 January 2026

10. Controlling Party

The company is under the control of Mr M C Richardson and Mrs E J Richardson, who are interested in 100% of the company's issued share capital.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		71,877		56,650

			71,877		56,650
CURRENT ASSETS
Debtors	5	561,070		671,735
Cash at bank and in hand		48,760		8,498

		609,830		680,233
Creditors: Amounts Falling Due Within One Year	6	(339,172 )		(408,636 )

NET CURRENT ASSETS (LIABILITIES)			270,658		271,597

TOTAL ASSETS LESS CURRENT LIABILITIES			342,535		328,247

Creditors: Amounts Falling Due After More Than One Year	7		(61,085 )		(17,778 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,970 )		(15,583 )

NET ASSETS			263,480		294,886

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			263,479		294,885

SHAREHOLDERS' FUNDS			263,480		294,886