Completely Events CEE Limited Accounts

COMPLETELY EVENTS CEE LIMITED - Company Information






Completely Events CEE Limited

	Company No. 11210946
		Information for Filing with The Registrar
		31 March 2020

The Directors present their report and the accounts for the year ended 31 March 2020.

Principal activities
The principal activity of the company during the year under review was the provision of exhibition and other event services primarily to the commercial property industry.




Directors

The Directors who served at any time during the year were as follows:

B.J. Green
D.S. Millar
K. Millar



































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D.S. Millar
Director
07 October 2020

at	31 March 2020
Company No.		11210946	Notes	2020	2019
				£	£






Current assets

	Debtors		3	708	4,797

	Cash at bank and in hand			16,809	7,997
				17,517	12,794
Creditors: Amount falling due within one year			4	(12,662)	(10,873)
Net current assets				4,855	1,921
Total assets less current liabilities				4,855	1,921




Net assets				4,855	1,921

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		5	4,755	1,821

Total equity				4,855	1,921



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2020 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 07 October 2020
And signed on its behalf by:
D.S. Millar
Director
07 October 2020

for the year ended 31 March 2020

General information

Its registered number is: 11210946

Its registered office is:

Parklands

Railton Road

Guildford

GU2 9JX

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006. The March 2018 edition of FRS 102 includes amendments arising from the Financial Reporting Council's triennial review of the standard. There is no material effect on the amounts recognised in these financial statements as a result of early adopting these amendments.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

3	Debtors
			2020	2019
			£	£
		Trade debtors	-	4,048



		VAT recoverable	668	-

		Other debtors	40	40
		Prepayments and accrued income	-	709
			708	4,797

4	Creditors:
		amounts falling due within one year
			2020	2019
			£	£




		Trade creditors	-	706
		Amounts owed to group undertakings	9,664	-
		Corporation tax	688	873


		Other creditors	890	890
		Accruals and deferred income	1,420	8,404
			12,662	10,873

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

2020

Transactions with related parties

Name of related party

Completely Events Limited

Description of relationship between the parties

60% Shareholder

Description of transaction and general amounts involved

Loan

Amount due from/(to) the related party

(9,664)