Marvelus Events Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: SC473669 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

Marvelus Events Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Menneer

K M Johnson

REGISTERED OFFICE:

15 Gladstone Place

Stirling

FK8 2NN

REGISTERED NUMBER:

SC473669 (Scotland)

ACCOUNTANTS:

Campbell Dallas Limited

Accountants

15 Gladstone Place

Stirling

FK8 2NN

FIXED ASSETS

Tangible assets

4

8,878

8,981

CURRENT ASSETS

Debtors

5

85,572

67,458

Cash at bank

5,984

2,766

91,556

70,224

CREDITORS

Amounts falling due within one year

6

56,800

49,148

NET CURRENT ASSETS

34,756

21,076

TOTAL ASSETS LESS CURRENT LIABILITIES

43,634

30,057

CREDITORS

Amounts falling due after more than one year

7

-

2,536

NET ASSETS

43,634

27,521

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

43,534

27,421

SHAREHOLDERS' FUNDS

43,634

27,521

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 21 December 2017 and were signed on its behalf by:

K M Johnson - Director

1.	STATUTORY INFORMATION

Marvelus Events Limited is a private company, limited by shares , registered in Scotland. 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.

The company has transitioned to FRS 102 from previously extant UK GAAP as at 31 March 2017.

The reported financial position and financial performance for the previous period are not affected by

the transition to FRS 102.

Significant judgements and estimates

The preparation of Financial Statements required management to make judgements, estimates and

assumptions that affect the application of accounting policies and reported amounts of assets,

liabilities, income and expenses. Actual results may differ from these estimates. Estimates and

assumptions are reviewed on an ongoing basis and revisions to estimates are recognised in the period

in which the estimate is revised and in any future periods affected.

The directors are of the opinion there are no matters of significant judgement and estimation which

are material to the financial statements.

Turnover

Turnover consists of the sales value, excluding VAT, of work in the period under contracts to supply

services to third parties. It includes the relevant proportion of contract value for performance up to

the period end.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

14,500

Additions

2,857

At 31 March 2017

17,357

DEPRECIATION

At 1 April 2016

5,519

Charge for year

2,960

At 31 March 2017

8,479

NET BOOK VALUE

At 31 March 2017

8,878

At 31 March 2016

8,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

34,400

34,051

Other debtors

51,172

33,407

85,572

67,458

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

1,093

10,022

Trade creditors

5,461

4,848

Taxation and social security

11,804

12,289

Other creditors

38,442

21,989

56,800

49,148

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

-

2,536

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Share capital 1

1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £3,000 were paid to the directors .

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.