Bella Gente Events Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 08816281 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

BELLA GENTE EVENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R A Parker

G M Wainwright

B Arjomandkhah

SECRETARY:

REGISTERED OFFICE:

10 North Lane

Headingley

LEEDS

LS6 3HE

REGISTERED NUMBER:

08816281 (England and Wales)

ACCOUNTANTS:

Bartfields (UK) Limited

Chartered Accountants

4th Floor, Stockdale House

Headingley Office Park

8 Victoria Road

Leeds

LS6 1PF

FIXED ASSETS

Tangible assets

4

803

-

CURRENT ASSETS

Debtors

5

22,708

5,802

Cash at bank

5,150

11,528

27,858

17,330

CREDITORS

Amounts falling due within one year

6

27,914

16,869

NET CURRENT (LIABILITIES)/ASSETS

(56

)

461

TOTAL ASSETS LESS CURRENT LIABILITIES

747

461

PROVISIONS FOR LIABILITIES

161

-

NET ASSETS

586

461

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

466

341

SHAREHOLDERS' FUNDS

586

461

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 June 2017 and were signed on its behalf by:

G M Wainwright - Director

1.	STATUTORY INFORMATION

Bella Gente Events Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,204

At 31 December 2016

1,204

DEPRECIATION

Charge for year

401

At 31 December 2016

401

NET BOOK VALUE

At 31 December 2016

803

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

22,708

5,802

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Taxation and social security

13,169

15,309

Other creditors

14,745

1,560

27,914

16,869

7.	RELATED PARTY DISCLOSURES

At the year end there were balances on directors current accounts as follows:

Robert Parker - £8,441 debit (2015: £1,774 debit)

Bahram Arjomandkhah - £7,133 debit (2015: £1,428 debit)

George Wainwright - £7,133 debit (2015: £1,428 debit)

Bella Gente Events Limited owed £13,125 to NoCurfew Events Limited at the year end (2015: £nil). NoCurfew

Events Limited is a company in which Bahram Arjomandkhah and George Wainwright are directors and

shareholders.

8.	FIRST YEAR ADOPTION

For all periods up to and including the year ended 31 December 2015, the Company prepared its financial

statements in accordance with previously extant United Kingdom generally accepted accounting practice (UK

GAAP). These financial statements, for the period ended 31 December 2016, are the first the company has

prepared in accordance with FRS102 "The Financial Reporting Standard applicable in the UK and Republic of

Ireland".

Accordingly, the Company has prepared individual financial statements which comply with FRS102 "The

Financial Reporting Standard applicable in the UK and Republic of Ireland" applicable for periods beginning on

or after 1 January 2015 and the significant accounting policies meeting those requirements are described in the

relevant notes.

The amendments have no material effect on the financial statements.