ACCOUNTS - Final Accounts

Analysis of the maturity of loans is given below:

CONFERENCE BADGES LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-312022-01-01falseNo description of principal activity98falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08526806 2022-01-01 2022-12-31 08526806 2021-01-01 2021-12-31 08526806 2022-12-31 08526806 2021-12-31 08526806 c:Director1 2022-01-01 2022-12-31 08526806 d:ComputerEquipment 2022-01-01 2022-12-31 08526806 d:ComputerEquipment 2022-12-31 08526806 d:ComputerEquipment 2021-12-31 08526806 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-01-01 2022-12-31 08526806 d:CurrentFinancialInstruments 2022-12-31 08526806 d:CurrentFinancialInstruments 2021-12-31 08526806 d:Non-currentFinancialInstruments 2022-12-31 08526806 d:Non-currentFinancialInstruments 2021-12-31 08526806 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 08526806 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 08526806 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 08526806 d:Non-currentFinancialInstruments d:AfterOneYear 2021-12-31 08526806 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-12-31 08526806 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-12-31 08526806 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 08526806 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-12-31 08526806 d:ShareCapital 2022-12-31 08526806 d:ShareCapital 2021-12-31 08526806 d:RetainedEarningsAccumulatedLosses 2022-12-31 08526806 d:RetainedEarningsAccumulatedLosses 2021-12-31 08526806 c:FRS102 2022-01-01 2022-12-31 08526806 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 08526806 c:FullAccounts 2022-01-01 2022-12-31 08526806 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 08526806

CONFERENCE BADGES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022


CONFERENCE BADGES LIMITED REGISTERED NUMBER:08526806

BALANCE SHEET

AS AT 31 DECEMBER 2022

		2022		2021
Note		£		£

Fixed assets
Tangible assets	4		1,694		2,259
			1,694		2,259
Current assets
Stocks		54,815		11,865
Debtors: amounts falling due within one year	5	163,769		60,218
Cash at bank and in hand		386,876		447,002
		605,460		519,085
Creditors: amounts falling due within one year	6	(201,872)		(217,489)
Net current assets			403,588		301,596
Total assets less current liabilities			405,282		303,855
Creditors: amounts falling due after more than one year			(33,422)		-
Net assets			371,860		303,855

Capital and reserves
Called up share capital	100	100
Profit and loss account	371,760	303,755
	371,860	303,855

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CONFERENCE BADGES LIMITED REGISTERED NUMBER:08526806

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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 financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 September 2023.

M Thompson

Director

The notes on pages 3 to 7 form part of these financial statements.

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CONFERENCE BADGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

1.	General information

Conference Badges Limited is incorporated and domiciled in England and Wales. The registered office is Harwood House, 43 Harwood Road, London, SW6 4QP and the principal place of business is Unit 10, Ashway Centre, Elm Crescent, Kingston, Surrey, KT2 6HH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention 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.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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CONFERENCE BADGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

2.4

Pensions

The company makes contributions to external pension schemes on behalf of certain employees. The funds of any such scheme are administered by trustees and are independent of the company. Contributions are charged to the profit and loss account in the year in which they become payable.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment

25%

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 disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.
At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

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CONFERENCE BADGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

2.7

Financial instruments

The Company only 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 and loans with related parties.

2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Employees

The average monthly number of employees, including directors, during the year was 9 (2021 - 8).

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CONFERENCE BADGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

4.	Tangible fixed assets

		Computer equipment
		£
	Cost or valuation
	At 1 January 2022	21,841
	At 31 December 2022	21,841
	Depreciation
	At 1 January 2022	19,582
	Charge for the year on owned assets	565
	At 31 December 2022	20,147
	Net book value
	At 31 December 2022	1,694
	At 31 December 2021	2,259

Debtors

					2022	2021
					£	£


Trade debtors	111,235	59,261
Other debtors	52,534	957
	163,769	60,218

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CONFERENCE BADGES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

6.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Bank loans	10,000	150,000
Trade creditors	62,025	22,934
Corporation tax	70,189	13,886
Other taxation and social security	54,633	27,969
Accruals and deferred income	5,025	2,700
	201,872	217,489

7.	Creditors: Amounts falling due after more than one year
		2022	2021
		£	£

	Bank loans	33,422	-

Amounts falling due within one year
Bank loans	10,000	150,000
Amounts falling due 1-2 years
Bank loans	10,000	-
Amounts falling due 2-5 years
Bank loans	23,422	-
	43,422	150,000

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