In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cissbury Enterprises Limited for the year ended 31 March 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of Cissbury Enterprises Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cissbury Enterprises Limited and state those matters that we have agreed to state to the board of directors of Cissbury Enterprises Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cissbury Enterprises Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Cissbury Enterprises Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cissbury Enterprises Limited. You consider that Cissbury Enterprises Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cissbury Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

Cissbury Enterprises Limited is a private company limited by shares incorporated in England and Wales. The registered office is Cissbury, Nepcote, Findon, West Sussex, BN14 0SR.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

As noted in the director's report, the financial statements have been prepared on the going concern basis. The directors have considered relevant information, including the expected impact of subsequent events, in making their assessment. true

As detailed under note 6 relating to creditors, this includes deposits taken for future events, mostly weddings.  The deposits are typically 40% of the total hire charge for the wedding venue, with the 60% balance invoiced in future accounting periods.

The directors are satisfied the company will be able to operate within the level of its current bank facilities for the foreseeable future. The accounts do not include any adjustments that would result from a withdrawal of the creditors and directors' support, on which they are reliant, and the going concern basis has been adopted in preparing the financial statements.

Events income represents amounts receivable for those events that have taken place during the year, net of VAT. Any deposits or amounts received for events set to take place in a future financial period are deferred to match with performance under the contract.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Small individual items relating to the Estate development are not capitalised, but written off to Estate maintenance and upkeep in the Profit and Loss Account in the year in which the expense is incurred.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Interests in subsidiaries and unlisted entities are stated at cost less provision for diminution in value.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks. Bank overdrafts are shown within borrowings in current liabilities.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities, including creditors, bank loans and overdrafts. Financial liabilities classified as payable within one year are not amortised.

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year.

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

The average monthly number of persons (including directors) employed by the company during the year was 30 (2024 - 30).

There is a personal guarantee given by Mr H G R Wyatt to the bank, in respect of the overdraft at the year end.

In other creditors is an amount of £253,183 (2024: £287,415) relating to deposits received in advance of future events. This deferred income will be released, alongside any remaining balances due, in the future financial period in which the events take place.

The above amount relates to a Coronavirus Business Interruption loan supported by the UK government. Included in bank loans under creditors due within one year at note 6 is an additional amount of £5,823 (2024: £5,672) relating to the same.

At the balance sheet date, there remained a balance of £45,000 (2024: £6,000) on a loan from the directors' family, reported within other creditors. There is no interest being charged.