Event In A Tent Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07213346 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2016 TO 31 DECEMBER 2016

FOR

EVENT IN A TENT LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

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

4

270,038

260,970

CURRENT ASSETS

Debtors

7,319

13,282

CREDITORS

Amounts falling due within one year

191,594

204,647

NET CURRENT LIABILITIES

(184,275

)

(191,365

)

TOTAL ASSETS LESS CURRENT LIABILITIES

85,763

69,605

CREDITORS

Amounts falling due after more than one year

37,626

43,123

NET ASSETS

48,137

26,482

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,037

26,382

SHAREHOLDERS' FUNDS

48,137

26,482

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

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 26 September 2017 and were signed on its behalf by:

M D Stephenson - Director

1.	STATUTORY INFORMATION

Event In A Tent Ltd 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

Taxation

Taxation for the period 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 period 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 period was 12 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2016

452,073

Additions

54,805

Disposals

(20,630

)

At 31 December 2016

486,248

DEPRECIATION

At 1 June 2016

191,103

Charge for period

33,737

Eliminated on disposal

(8,630

)

At 31 December 2016

216,210

NET BOOK VALUE

At 31 December 2016

270,038

At 31 May 2016

260,970

5.	SECURED DEBTS

The following secured debts are included within creditors:

2016

2016

£

£

Bank overdrafts

10,665

14,311

Hire purchase contracts

67,557

80,292

78,222

94,603

6.	FIRST YEAR ADOPTION

These financial statements for the year end 31 December 2016 are the first financial

statements that comply with FRS 102 Section 1A for small entities. The transition to FRS

102 Section 1A for small entities has resulted in a change in accounting policies.