Eventspiration Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07618412 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2018 TO 31 DECEMBER 2018

FOR

EVENTSPIRATION LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C Bloom

R Dugmore

REGISTERED OFFICE:

Work.Life

33 Foley Street

London

W1W 7TL

REGISTERED NUMBER:

07618412 (England and Wales)

ACCOUNTANTS:

LAS Accountants LLP

No. 1 Royal Exchange

London

EC3V 3DG

FIXED ASSETS

Tangible assets

4

2,396

3,290

CURRENT ASSETS

Debtors

5

208,327

579,185

Cash at bank and in hand

50,792

54,179

259,119

633,364

CREDITORS

Amounts falling due within one year

6

(204,044

)

(632,637

)

NET CURRENT ASSETS

55,075

727

TOTAL ASSETS LESS CURRENT LIABILITIES

57,471

4,017

PROVISIONS FOR LIABILITIES

(455

)

(625

)

NET ASSETS

57,016

3,392

CAPITAL AND RESERVES

Called up share capital

7

102

102

Retained earnings

56,914

3,290

SHAREHOLDERS' FUNDS

57,016

3,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2018 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 17 September 2019 and were signed on its behalf by:

R Dugmore - Director

1.	STATUTORY INFORMATION

Eventspiration 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the functional currency of the entity. Monetary

amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting polices adopted are set below.

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

-

20% on cost

Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and

impairment losses

TAXATION

Taxation for the period periodcomprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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 statement of financial position date.

FINANCIAL INSTRUMENTS

The company only enters into basic financial instruments transactions that result in the recognition of financial assets

and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties

and investments in non-puttable ordinary shares.

CASH AND CASH EQUIVALENTS

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other

short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts

are shown within borrowings in current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 May 2018

and 31 December 2018

13,401

DEPRECIATION

At 1 May 2018

10,111

Charge for period

894

At 31 December 2018

11,005

NET BOOK VALUE

At 31 December 2018

2,396

At 30 April 2018

3,290

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2018

£

£

Trade debtors

199,163

183,246

Other debtors

8,639

379,048

Directors' current accounts

75

324

VAT

-

16,472

Prepayments

450

95

208,327

579,185

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2018

£

£

Trade creditors

23,622

332,894

Tax

27,393

10,574

Social security and other taxes

2,217

(280

)

VAT

41,054

-

Other creditors

103,388

285,734

Net wages

3,866

3,190

Directors' current accounts

244

-

Accrued expenses

2,260

525

204,044

632,637

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2018

value:

£

£

100

Ordinary A

1

100

100

1

Ordinary B

1

1

1

1

Ordinary C

1

1

1

102

102

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2018 and the year

ended 30 April 2018:

2018

2018

£

£

R Dugmore

Balance outstanding at start of period

75

-

Amounts advanced

9,328

75

Amounts repaid

(9,328

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

75

75

The loan has been repaid within 9 months since the year end.