Event In A Tent Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07213346 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

EVENT IN A TENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M D Stephenson

Mrs N M Stephenson

REGISTERED OFFICE:

Unit 108

Abbey Road South

Wrexham Industrial Estate

Wrexham

LL13 9RF

REGISTERED NUMBER:

07213346 (England and Wales)

ACCOUNTANTS:

McLintocks Partnership Limited

Chartered Accountants

The Coach House

25 Rhosddu Road

Wrexham

LL11 1EB

FIXED ASSETS

Tangible assets

2

260,970

249,086

CURRENT ASSETS

Debtors

13,282

4,105

Cash in hand

-

2,164

13,282

6,269

CREDITORS

Amounts falling due within one year

3

204,647

158,992

NET CURRENT LIABILITIES

(191,365

)

(152,723

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

69,605

96,363

CREDITORS

Amounts falling due after more than
one year

3

43,123

15,769

NET ASSETS

26,482

80,594

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

26,382

80,494

SHAREHOLDERS' FUNDS

26,482

80,594

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 February 2017 and were
signed on its behalf by:

M D Stephenson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

371,658

Additions

80,415

At 31 May 2016

452,073

DEPRECIATION

At 1 June 2015

122,572

Charge for year

68,531

At 31 May 2016

191,103

NET BOOK VALUE

At 31 May 2016

260,970

At 31 May 2015

249,086

3.

CREDITORS

Creditors include an amount of £ 94,603 (2015 - £ 40,882 ) for which security has been

given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary A

£1

100