Estate Agency Events Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03768013

Financial Statements

for the Year Ended 31 December 2017

for

ESTATE AGENCY EVENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

P J T Knight

REGISTERED OFFICE:

The Oriel

Sydenham Road

Guildford

Surrey

GU1 3SR

REGISTERED NUMBER:

03768013

ACCOUNTANTS:

Maths Partnership

1 Brook Court

Blakeney Road

Beckenham

Kent

BR3 1HG

FIXED ASSETS

Tangible assets

4

10,611

14,148

CURRENT ASSETS

Debtors

5

156,177

427,235

Cash at bank

86,332

45,794

242,509

473,029

CREDITORS

Amounts falling due within one year

6

248,933

313,596

NET CURRENT (LIABILITIES)/ASSETS

(6,424

)

159,433

TOTAL ASSETS LESS CURRENT LIABILITIES

4,187

173,581

PROVISIONS FOR LIABILITIES

2,043

2,830

NET ASSETS

2,144

170,751

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

2,142

170,749

SHAREHOLDERS' FUNDS

2,144

170,751

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

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

The director acknowledges his 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 Profit And Loss Account has not been delivered.

The financial statements were approved by the director on 28 September 2018 and were signed by:

P J T Knight - Director

1.	STATUTORY INFORMATION

Estate Agency Events Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Fixtures, fittings & equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit And Loss Account,

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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 year 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.

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 year was 5 (2016 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

& equipment

£

COST

At 1 January 2017

and 31 December 2017

31,868

DEPRECIATION

At 1 January 2017

17,720

Charge for year

3,537

At 31 December 2017

21,257

NET BOOK VALUE

At 31 December 2017

10,611

At 31 December 2016

14,148

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

40,715

84,129

Other debtors

115,462

343,106

156,177

427,235

All debtors are due within one year and have therefore not been discounted.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

62,191

165,299

Taxation and social security

115,781

94,527

Other creditors

70,961

53,770

248,933

313,596

All creditors are payable within one year and have therefore not been discounted.

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £247,500 (2016 - £225,744) were paid to the directors .