Platform Events UK Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07957429 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

PLATFORM EVENTS UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Buckland

Mr P Halcrow

REGISTERED OFFICE:

West Wing, Stable Block

Bourton Hall

Bourton on Dunsmore

Rugby

Warwickshire

CV23 9SD

REGISTERED NUMBER:

07957429 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Intangible assets

4

3,568

-

Tangible assets

5

10,269

11,509

13,837

11,509

CURRENT ASSETS

Debtors

6

205,383

168,018

Cash at bank and in hand

37,855

48,147

243,238

216,165

CREDITORS

Amounts falling due within one year

7

199,740

175,780

NET CURRENT ASSETS

43,498

40,385

TOTAL ASSETS LESS CURRENT LIABILITIES

57,335

51,894

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

9

57,331

51,890

SHAREHOLDERS' FUNDS

57,335

51,894

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 16 June 2017 and were signed on its behalf by:

Mr J Buckland - Director

1.	STATUTORY INFORMATION

Platform Events UK 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 represents net invoiced sale of services, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2016 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

Additions

3,965

At 31 March 2017

3,965

AMORTISATION

Amortisation for year

397

At 31 March 2017

397

NET BOOK VALUE

At 31 March 2017

3,568

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2016

2,101

15,896

17,997

Additions

-

2,183

2,183

At 31 March 2017

2,101

18,079

20,180

DEPRECIATION

At 1 April 2016

1,029

5,459

6,488

Charge for year

268

3,155

3,423

At 31 March 2017

1,297

8,614

9,911

NET BOOK VALUE

At 31 March 2017

804

9,465

10,269

At 31 March 2016

1,072

10,437

11,509

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

131,571

131,022

Other debtors

26,063

16,063

Directors' current accounts

5,268

-

Prepayments and accrued income

42,481

20,933

205,383

168,018

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other loans

-

13,295

Trade creditors

20,149

27,471

Tax

18,531

18,738

Social security and other taxes

1,881

4,966

VAT

41,880

40,715

Other creditors

2,819

2,985

Accruals and deferred income

114,480

67,610

199,740

175,780

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

4

Ordinary

£1

4

4

9.

RESERVES

Retained

earnings

£

At 1 April 2016

51,890

Profit for the year

72,841

Dividends

(67,400

)

At 31 March 2017

57,331

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and

31 March 2016:

2017

2016

£

£

Mr J Buckland

Balance outstanding at start of year

-

2,848

Amounts advanced

5,268

-

Amounts repaid

-

(2,848

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,268

-

The loan is interest free and has no fixed terms of repayment.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £67,400 (2016 - £57,831) were paid to the directors .