Conference Contacts Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02118204 (England and Wales)

Report of the Director and

Unaudited Financial Statements

for the Period 1 April 2017 to 31 December 2017

for

Conference Contacts Limited

Page

Company Information

1

Report of the Director

2

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTOR:

Ms D E Ellis

SECRETARY:

Mr M Rooker

REGISTERED OFFICE:

Chartham House

16a College Avenue

Maidenhead

Berkshire

SL6 6AX

REGISTERED NUMBER:

02118204 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

5a Frascati Way

Maidenhead

Berkshire

SL6 4UY

The director presents her report with the financial statements of the company for the period 1 April 2017 to 31 December 2017.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of global event management.

REVIEW OF BUSINESS

Business review

Conference Contacts is one of the UK's most experienced and respected event organisers. The company's

principal activity is the supply of meetings and event management services. In short, when it comes to

organising exceptional events, you can leave it all to us; using our creativity, experience and contacts we

can save you time and money.

We have evolved from pure venue finding into a full-service - and global - event management organisation.

Some 80% of our clients are based outside the UK. We service multinational audiences (with the

complexities that brings) staging events in the EMEA, APAC, NAM & CALA regions. We handle every aspect,

including delegate management for incoming delegates, and strategies for fluctuating exchange rates. At

every turn, we are committed to control costs, seek out value and maximise the return on our clients'

event investments.

Our relationship with our key accounts stretches back in excess of 15 years. We have grown alongside the

success of the events we have facilitated for our clients: indeed, some of our internal systems and

processes have been developed around the growing complexities of those events. Conference Contacts

now actively manages groups of more than 1,000 delegates, including exhibition and numerous breakout

sessions, and with demands such as delegate payments and travel authorisations.

The longevity of our key accounts is mirrored by the commitment of our other clients. We are immensely

proud that 95% of our turnover is represented by repeat business. This is a true measure of our clients'

confidence in our ability to stage memorable, high-performing events; efficiently, on-time and within

budget. With forensic and experienced cost control, the only surprises are clients receive are pleasant

ones.

The whole company is committed to the success of every event we are entrusted to manage. Each year,

the growing success of Conference Contacts has been, in part, due to what we learn from the previous

years. The continuity of key people leading the Conference Contacts' team, coupled with a healthy intake

of new blood and ideas, has been a key strength in our relationship with our client basis. We have an

energetic and vibrant team of personnel who pride themselves in providing effective business solutions for

our clients. We have built our reputation on providing outstanding customer service by working with

people and organisations intelligently.

2017 has seen Conference Contacts celebrate its 30th Anniversary - a significant milestone and testimony

to its strategic planning which has seen continual, sustainable growth. There has been further investment

in the drive to acquire new business with additions of new staff members which bring the highest level of

expertise to deliver new business concepts. The sales effort and focus on forming partnerships with new

clients has gained significant traction and the team are actively working to deliver events into 2019 and

beyond. New business wins, our expanding service offering and overall quality of delivery continues to give

us stability and confidence to continue with our investment strategy. 2017 has also seen organic growth in

our key account requirements with opportunities to utilise and leverage new delegate registration

opportunities which should underpin an investment in event technology into 2018.

The company continues to maintain a risk and financial management framework whose primary function is

to identify and mitigate the company's exposure to risk in order to protect the company from events and

circumstances that may be detrimental to its performance.

DIRECTOR

Ms D E Ellis held office during the whole of the period from 1 April 2017 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

Ms D E Ellis - Director

22 June 2018

FIXED ASSETS

Tangible assets

4

21,419

33,670

CURRENT ASSETS

Debtors

5

823,667

599,710

Cash at bank and in hand

1,302,993

1,102,606

2,126,660

1,702,316

CREDITORS

Amounts falling due within one year

6

(1,612,823

)

(1,431,816

)

NET CURRENT ASSETS

513,837

270,500

TOTAL ASSETS LESS CURRENT LIABILITIES

535,256

304,170

PROVISIONS FOR LIABILITIES

(2,786

)

(5,197

)

NET ASSETS

532,470

298,973

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

522,470

288,973

SHAREHOLDERS' FUNDS

532,470

298,973

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 22 June 2018 and were signed by:

Ms D E Ellis - Director

1.	STATUTORY INFORMATION

Conference Contacts 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make

judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are

not readily apparent from other sources. The estimates and associated assumptions are based on

historical experience and other factors that are considered to be relevant. Actual results may differ

from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to

accounting estimates are recognised in the period in which the estimate is revised if the revision

affects only that period, or in the period of the revision and future periods if the revision affects

both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover

Turnover comprises revenue recognised by the company in respect of services delivered through

corporate events during the year, exclusive of value added tax. Income is recognised when the event

takes place.

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

-

25% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method,

except for investments in non-convertible preference and non-puttable preference and ordinary

shares, which are measured at fair value, with changes recognised in profit or loss. Derivative

financial instruments are initially recorded at cost and thereafter at fair value, with changes

recognised in profit and loss.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling

at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate

of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving

at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2017 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

224,603

Additions

916

At 31 December 2017

225,519

DEPRECIATION

At 1 April 2017

190,933

Charge for period

13,167

At 31 December 2017

204,100

NET BOOK VALUE

At 31 December 2017

21,419

At 31 March 2017

33,670

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.3.17

as

restated

£

£

Trade debtors

714,554

378,355

Other debtors

109,113

221,355

823,667

599,710

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.3.17

as

restated

£

£

Trade creditors

34,101

147,195

Taxation and social security

93,869

75,354

Other creditors

1,484,853

1,209,267

1,612,823

1,431,816

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms D E Ellis.