Gb Festivals Limited, EH1 2BB

Description

Data updated on: 01-11-2023

The day this company was started is July 10, 2007. Registered under SC327494, the firm is classified as a Private Limited Company. You may visit the headquarters of this firm during office hours at the following location: 19 Rutland Square Edinburgh, EH1 2BB Old Town. Although currently it is operating under the name of Gb Festivals Limited, it was not always so. It was known as Art Freiheit until April 25, 2008, then it was changed to Winter Wonderland Edinburgh. The definitive transformation occurred on June 26, 2008. This company's declared SIC number is 90040 - Operation of arts facilities. Thu, 31st Mar 2022 is the last time when account status updates were filed.

As suggested by this specific firm's register, for nine years there have been two directors: Katy K. and Karen K.. In order to support the directors in their duties, the firm has been utilizing the skills of Alexander M. as a secretary since 2008.

Karen K. is the individual who has control over this firm, owns over 3/4 of company shares.

Previous company's names
Gb Festivals Limited 2008-06-26
Winter Wonderland Edinburgh Limited 2008-04-25
Art Freiheit Limited 2007-07-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	11 745	30 127	4 893	2 933

Balance Sheet
Cash Bank On Hand				191		443	950	973	20 648	4 828	68 685
Current Assets	181 461	124 748	129 747	134 433	128 708	189 342	247 677	174 884	114 099	58 279	196 423
Debtors	122 437	53 536	58 844	63 546	58 012	104 899	162 727	89 911	44 451	24 451	98 738
Net Assets Liabilities								-81 995	-68 767	-50 737	3 726
Other Debtors				25 252	19 720	30 936	75 936	44 451	44 451	24 451	37 591
Property Plant Equipment				31 559	32 664	35 419	35 260	32 851	13 851	2 001	4 068
Total Inventories				70 696	70 696	84 000	84 000	84 000	49 000	29 000	29 000
Cash Bank In Hand	12 540	24 728	207	191
Intangible Fixed Assets	18 000	16 000	14 000	12 000
Net Assets Liabilities Including Pension Asset Liability	11 745	30 127	4 893	2 933
Stocks Inventory	46 484	46 484	70 696	70 696
Tangible Fixed Assets	17 478	16 471	27 110	31 559

Capital & Reserves
Called Up Share Capital	1	1	1	1
Profit Loss Account Reserve	11 744	30 126	4 892	2 932
Shareholder Funds	11 745	30 127	4 893	2 933

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				8 000	10 000	12 000	14 000	16 000	18 000	20 000
Accumulated Depreciation Impairment Property Plant Equipment				116 785	149 282	183 305	218 414	252 623	271 623	283 473	287 506
Average Number Employees During Period								22	7	7	21
Bank Borrowings Overdrafts				22 008	37 337	96 917	83 627	61 614	50 000	47 600	37 492
Corporation Tax Payable				11 802	4 496	6 451	2 177	-61		3 665	15 956
Creditors				169 550	164 399	227 310	363 763	293 730	146 691	82 492	80 825
Dividends Paid On Shares							6 000	4 000
Fixed Assets	35 478	32 471	41 110	43 559	42 664	43 419	41 260	36 851	15 851	2 001	8 068
Increase From Amortisation Charge For Year Intangible Assets					2 000	2 000	2 000	2 000	2 000	2 000
Increase From Depreciation Charge For Year Property Plant Equipment					32 497	34 023	35 109	34 209	19 000	11 850	4 033
Intangible Assets				12 000	10 000	8 000	6 000	4 000	2 000
Intangible Assets Gross Cost				20 000	20 000	20 000	20 000	20 000	20 000	20 000
Investments Fixed Assets											4 000
Net Current Assets Liabilities	-23 733	-2 344	-36 217	-40 626	-35 691	-37 968	-116 086	-118 846	62 073	29 754	76 483
Other Creditors				4 621	31 319	21 383	119 039	92 691	96 691	34 892	43 333
Other Taxation Social Security Payable				53 519	57 297	50 038	58 837	83 068	37 608	12 450	68 854
Property Plant Equipment Gross Cost				148 346	181 946	218 724	253 674	285 474	285 474	285 474	291 574
Total Additions Including From Business Combinations Property Plant Equipment					33 600	36 778	34 950	31 800			6 100
Total Assets Less Current Liabilities	11 745	30 127	4 893	2 933	6 973	5 451	-74 826	-81 995	77 924	31 755	84 551
Trade Creditors Trade Payables				77 600	33 950	52 521	100 083	56 418	12 418	10 410	4 871
Trade Debtors Trade Receivables				32 787	38 292	73 963	86 791	45 460			61 147
Creditors Due Within One Year	205 194	127 092	165 964	175 059
Intangible Fixed Assets Aggregate Amortisation Impairment	2 000	4 000	6 000	8 000
Intangible Fixed Assets Amortisation Charged In Period		2 000	2 000	2 000
Intangible Fixed Assets Cost Or Valuation	20 000	20 000	20 000	20 000
Number Shares Allotted			1	1
Par Value Share			1	1
Share Capital Allotted Called Up Paid		1	1	1
Tangible Fixed Assets Additions		15 720	31 200	31 690
Tangible Fixed Assets Cost Or Valuation	69 736	85 456	116 655	148 345
Tangible Fixed Assets Depreciation	52 258	68 984	89 545	116 786
Tangible Fixed Assets Depreciation Charged In Period		16 727	20 561	27 241