Accounts Submission

THE FESTIVALS COMPANY LIMITED - Company Information

Company Accounts and Tax Online 05642818 Board of Directors 1.1.17 31.12.17 31.12.17 false iso4217:GBP xbrli:pure 05642818 2016-01-01 2016-12-31 05642818 2017-12-31 05642818 2017-01-01 2017-12-31 05642818 2016-12-31 05642818 countries:EnglandWales 2017-01-01 2017-12-31 05642818 curr:PoundSterling 2017-01-01 2017-12-31 05642818 uk-bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 05642818 uk-bus:FRS102 2017-01-01 2017-12-31 05642818 uk-bus:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 05642818 uk-bus:FullAccounts 2017-01-01 2017-12-31 05642818 uk-bus:RegisteredOffice 2017-01-01 2017-12-31 05642818 uk-bus:Director1 2017-01-01 2017-12-31 05642818 uk-bus:Director1 2017-01-01 05642818 uk-bus:Director1 2017-12-31 05642818 uk-bus:CompanySecretary1 2017-01-01 2017-12-31 05642818 core:AfterOneYear 2017-12-31 05642818 core:AfterOneYear 2016-12-31 05642818 core:WithinOneYear 2017-12-31 05642818 core:WithinOneYear 2016-12-31 05642818 core:WithinOneYear 2017-01-01 2017-12-31 05642818 core:AfterOneYear 2017-12-31 05642818 core:AfterOneYear 2016-12-31 05642818 core:AfterOneYear 2017-01-01 2017-12-31 05642818 core:ShareCapital 2017-12-31 05642818 core:ShareCapital 2016-12-31 05642818 core:RevaluationReserve 2017-12-31 05642818 core:RevaluationReserve 2016-12-31 05642818 core:RetainedEarningsAccumulatedLosses 2017-12-31 05642818 core:RetainedEarningsAccumulatedLosses 2016-12-31 05642818 1 2017-01-01 2017-12-31 05642818 core:LandBuildings 2017-01-01 2017-12-31 05642818 core:LandBuildings 2017-12-31 05642818 core:LandBuildings 2016-01-01 2016-12-31 05642818 core:LandBuildings 2016-12-31 05642818 core:PlantMachinery 2017-01-01 2017-12-31 05642818 core:PlantMachinery 2017-12-31 05642818 core:PlantMachinery 2016-01-01 2016-12-31 05642818 core:PlantMachinery 2016-12-31 05642818 core:FurnitureFittingsToolsEquipment 2017-01-01 2017-12-31 05642818 core:FurnitureFittingsToolsEquipment 2017-12-31 05642818 core:FurnitureFittingsToolsEquipment 2016-01-01 2016-12-31 05642818 core:FurnitureFittingsToolsEquipment 2016-12-31 05642818 core:OfficeEquipment 2017-01-01 2017-12-31 05642818 core:OfficeEquipment 2017-12-31 05642818 core:OfficeEquipment 2016-01-01 2016-12-31 05642818 core:OfficeEquipment 2016-12-31 05642818 core:Vehicles 2017-01-01 2017-12-31 05642818 core:Vehicles 2017-12-31 05642818 core:Vehicles 2016-01-01 2016-12-31 05642818 core:Vehicles 2016-12-31 05642818 core:NetGoodwill 2017-01-01 2017-12-31 05642818 core:NetGoodwill 2017-12-31 05642818 core:NetGoodwill 2016-01-01 2016-12-31 05642818 core:NetGoodwill 2016-12-31 05642818 core:IntangibleAssetsOtherThanGoodwill 2017-01-01 2017-12-31 05642818 core:IntangibleAssetsOtherThanGoodwill 2017-12-31 05642818 core:IntangibleAssetsOtherThanGoodwill 2016-01-01 2016-12-31 05642818 core:IntangibleAssetsOtherThanGoodwill 2016-12-31

Company Registration Number:
05642818 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

Contents of the Financial Statements

for the Period Ended 31 December 2017


Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

Directors' Report Period Ended 31 December 2017

The directors present their report with the financial statements of the company for the period ended 31 December 2017

Principal Activities

The principle activity of the Company is the organisation, administration and marketing of events together with related consultancy and content creation services across all platforms.

Political and charitable donations

The company made no political or charitable donations during the period.

Directors

The directors shown below have held office during the whole of the period from 01 January 2017 to 31 December 2017
John Berwyn Rowlands

Secretary
Grant Vidgen

This report was approved by the board of directors on 2 March 2018
And Signed On Behalf Of The Board By:

Name: John Berwyn Rowlands
Status: Director

Balance sheet

As at 31 December 2017

	Notes	2017 £	2016 £
Fixed assets
Tangible assets:	4	1,659	1,659
Total fixed assets:		1,659	1,659
Current assets
Debtors:	5	15,948	18,794
Cash at bank and in hand:		0	0
Total current assets:		15,948	18,794
Prepayments and accrued income:		22,530	21,070
Creditors: amounts falling due within one year:	6	( 30,187 )	( 29,983 )
Net current assets (liabilities):		8,291	9,881
Total assets less current liabilities:		9,950	11,540
Creditors: amounts falling due after more than one year:	7	( 6,749 )	( 9,000 )
Total net assets (liabilities):		3,201	2,540

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2017

	2017 £	2016 £
Capital and reserves
Called up share capital:	20,010	20,010
Profit and loss account:	( 16,809 )	( 17,470 )
Shareholders funds:	3,201	2,540

For the year ending 31 December 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 March 2018
And Signed On Behalf Of The Board By:

Name: John Berwyn Rowlands
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised fee income and services sold as invoiced, net of Value Added Tax, and is wholly attributed to activities within the United Kingdom.

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Dividends

	2017 £	2016 £
Dividends paid	0	7,057

Notes to the Financial Statements

for the Period Ended 31 December 2017

3. Employees

	2017	2016
Average number of employees during the period	3	4

Notes to the Financial Statements

for the Period Ended 31 December 2017

4. Tangible assets

	Fixtures & fittings	Total
Cost	£	£
At 01 January 2017	10,324	10,324
Additions	0	0
Disposals	(0)	(0)
Revaluations	0	0
Transfers	0	0
At 31 December 2017	10,324	10,324
Depreciation
At 01 January 2017	8,665	8,665
Charge for year	0	0
On disposals	(0)	(0)
Other adjustments	0	0
At 31 December 2017	8,665	8,665
Net book value
At 31 December 2017	1,659	1,659
At 31 December 2016	1,659	1,659

Notes to the Financial Statements

for the Period Ended 31 December 2017

5. Debtors

	2017 £	2016 £
Trade debtors	15,948	18,794
Total	15,948	18,794

Notes to the Financial Statements

for the Period Ended 31 December 2017

6.Creditors: amounts falling due within one year note

	2017 £	2016 £
Bank loans and overdrafts	23,796	16,596
Trade creditors	4,458	13,387
Taxation and social security	1,933	0
Total	30,187	29,983

Notes to the Financial Statements

for the Period Ended 31 December 2017

7.Creditors: amounts falling due after more than one year

	2017 £	2016 £
Bank loans and overdrafts	6,749	9,000
Total	6,749	9,000

Director:		John Berwyn Rowlands


Secretary:		Grant Vidgen


Registered office:		25 Turberville Place Cardiff CF11 9NX


Company Registration Number:		05642818 (England and Wales)

Accounts Submission