Pharaon Events Limited - Accounts to registrar (filleted) - small 18.2
Pharaon Events Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 January 2019 |
| for |
| PHARAON EVENTS LIMITED |
| PHARAON EVENTS LIMITED (REGISTERED NUMBER: 06471162) |
| Contents of the Financial Statements |
| for the year ended 31 January 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PHARAON EVENTS LIMITED |
| Company Information |
| for the year ended 31 January 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 9 Worton Park |
| Cassington |
| Witney |
| Oxfordshire |
| OX29 4SX |
| PHARAON EVENTS LIMITED (REGISTERED NUMBER: 06471162) |
| Balance Sheet |
| 31 January 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 9 | ( |
) |
| Retained earnings | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| PHARAON EVENTS LIMITED (REGISTERED NUMBER: 06471162) |
| Balance Sheet - continued |
| 31 January 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| PHARAON EVENTS LIMITED (REGISTERED NUMBER: 06471162) |
| Notes to the Financial Statements |
| for the year ended 31 January 2019 |
| 1. | STATUTORY INFORMATION |
| Pharaon Events Limited is a private company, limited by shares, registered in England and Wales. The |
| company's registered number and registered office can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These accounts have been prepared on the going concern basis, on the understanding that the director will |
| continue to financially support the company for the foreseeable future. |
| Turnover |
| Rent as shown under turnover in the profit and loss account represents rents and service charges receivable |
| during the year. |
| Sales are measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
| fair value is recognised in the fair value reserve. |
| 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. |
| PHARAON EVENTS LIMITED (REGISTERED NUMBER: 06471162) |
| Notes to the Financial Statements - continued |
| for the year ended 31 January 2019 |
| 3. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Computer |
| machinery | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2018 |
| and 31 January 2019 |
| DEPRECIATION |
| At 1 February 2018 |
| Charge for year |
| At 31 January 2019 |
| NET BOOK VALUE |
| At 31 January 2019 |
| At 31 January 2018 |
| 4. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1 February 2018 |
| Disposals | ( |
) |
| At 31 January 2019 |
| NET BOOK VALUE |
| At 31 January 2019 |
| At 31 January 2018 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 February 2018 |
| Additions |
| Revaluations | (9,439 | ) |
| At 31 January 2019 |
| NET BOOK VALUE |
| At 31 January 2019 |
| At 31 January 2018 |
| PHARAON EVENTS LIMITED (REGISTERED NUMBER: 06471162) |
| Notes to the Financial Statements - continued |
| for the year ended 31 January 2019 |
| 5. | INVESTMENT PROPERTY - continued |
| Fair value at 31 January 2019 is represented by: |
| £ |
| Valuation in 2019 | (9,439 | ) |
| Cost | 1,056,152 |
| 1,046,713 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| The above creditors figure includes £351,240 due to Mr M Pharaon, director of Pharaon Events Ltd (£453,724 |
| in 2018). This loan is interest free and repayable on demand. |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The above creditors figure includes £675,050 due to Mr M Pharaon, director of Pharaon Events Ltd ( £429,650 |
| in 2018). This loan is interest free and repayable in more than one year. |
| 9. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| Reserve transfer | (9,439 | ) |
| At 31 January 2019 | ( |
) |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company is ultimately controlled by Mr M Pharaon, sole shareholder and director. |