Hay Festival Of Literature And The Arts Limited in Hay On Wye Powys, HR3 5AD

Description

Data updated on: 01-11-2023

This business operates under the name of Hay Festival Of Literature And The Arts Limited. This firm first started thirty six years ago and was registered under 02258780 as its registration number. This particular head office of the company is located in Hay On Wye Powys. You can reach them at Festival Office, 25 Lion Street. This enterprise's classified under the NACE and SIC code 90030 meaning Artistic creation. 2022-12-31 is the last time when the company accounts were filed.

For the following limited company, the majority of director's duties have been carried out by John D., Caroline M. and Terence B.. Within the group of these three managers, Terence B. has been with the limited company the longest, having become one of the many members of company's Management Board on 2015.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2016-12-31
Currency
Net Worth	46 673	22 343

Balance Sheet
Cash Bank In Hand	26 320	40 931
Cash Bank On Hand		40 931	44 090
Current Assets	349 034	386 658	325 063
Debtors	286 393	313 456	261 057
Intangible Fixed Assets	10 835	9 100
Net Assets Liabilities		22 343	11 597
Net Assets Liabilities Including Pension Asset Liability	46 673	22 343
Other Debtors		268 082	241 944
Property Plant Equipment		286 647	254 572
Stocks Inventory	36 321	32 271
Tangible Fixed Assets	281 959	286 647
Total Inventories		32 271	19 916

Capital & Reserves
Profit Loss Account Reserve	46 673	22 343
Shareholder Funds	46 673	22 343

Other Financial Data
Accounting Period Subsidiary	2 014	2 015
Accruals Deferred Income	117 970	102 752
Accrued Liabilities Not Expressed Within Creditors Subtotal		102 752	87 524
Accumulated Amortisation Impairment Intangible Assets		8 675	10 410
Accumulated Depreciation Impairment Property Plant Equipment		416 544	461 802
Administrative Expenses	142 988	229 011	159 994
Amortisation Expense Intangible Assets		1 735	1 735
Amortisation Intangible Assets Expense	1 735	1 735
Amounts Owed By Group Undertakings Other Participating Interests Within One Year	4 448
Average Number Employees During Period			20
Bank Borrowings	35 000	35 000	30 000
Bank Borrowings Overdrafts	171 552	187 478	25 000
Bank Overdrafts		182 478	106 173
Capital Commitments		19 500
Comprehensive Income Expense		-24 330	-10 746
Cost Sales	3 554 308	3 385 898	4 022 767
Creditors		30 000	25 000
Creditors Due After One Year	36 665	30 000
Creditors Due Within One Year	425 392	513 621
Debtors Due Within One Year	286 393	313 456
Deferred Tax Liability	15 226	13 787
Depreciation Expense Property Plant Equipment		75 865	63 150
Depreciation Tangible Fixed Assets Expense	61 622	75 865
Disposals Decrease In Depreciation Impairment Property Plant Equipment			17 892
Disposals Property Plant Equipment			17 892
Fixed Assets	292 892	295 845	262 035
Foreign Exchange Gain Loss Recognised In Profit Loss	-3 689
Further Operating Expense Item Component Total Operating Expenses		-15 218	210 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases		52 971	52 971
Gross Profit Loss	190 069	207 943	154 469
Increase From Amortisation Charge For Year Intangible Assets			1 735
Increase From Depreciation Charge For Year Property Plant Equipment			63 150
Intangible Assets		9 100	7 365
Intangible Assets Gross Cost		17 775
Intangible Fixed Assets Aggregate Amortisation Impairment	6 940	8 675
Intangible Fixed Assets Amortisation Charged In Period		1 735
Intangible Fixed Assets Cost Or Valuation	17 775
Interest Payable Similar Charges	4 315
Interest Payable Similar Charges Finance Costs		4 801	4 926
Investments Fixed Assets	98	98	98
Investments In Group Undertakings		98	98
Net Current Assets Liabilities	-76 358	-126 963	-123 792
Operating Profit Loss	47 081	-21 068	-5 525
Other Creditors		221 988	221 460
Other Creditors After One Year	1 665
Other Creditors Due Within One Year	132 807	221 988
Other Interest Receivable Similar Income	77
Other Interest Receivable Similar Income Finance Income		125	127
Other Taxation Social Security Payable		37 018	69 611
Profit Loss		-24 330	-10 746
Profit Loss For Period	28 466
Profit Loss On Ordinary Activities Before Tax	42 843	-25 744	-10 324
Property Plant Equipment Gross Cost		703 191	716 374
Provisions Charged Credited To Profit Loss Account During Period		-1 439
Provisions For Liabilities Balance Sheet Subtotal		13 787	14 122
Provisions For Liabilities Charges	15 226	13 787
Tangible Fixed Assets Additions		72 395
Tangible Fixed Assets Cost Or Valuation	622 638	703 191
Tangible Fixed Assets Depreciation	340 679	416 544
Tangible Fixed Assets Depreciation Charged In Period		49 926
Taxation Social Security Due Within One Year	63 551	37 018
Tax On Profit Or Loss On Ordinary Activities	14 377
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-1 414	422
Total Additions Including From Business Combinations Property Plant Equipment			31 075
Total Assets Less Current Liabilities	216 534	168 882	138 243
Total Borrowings		217 478	136 173
Trade Creditors Trade Payables		67 137	46 611
Trade Creditors Within One Year	57 482	67 137
Trade Debtors Trade Receivables		45 374	19 113
Turnover Gross Operating Revenue	3 744 377
Turnover Revenue		3 593 841	4 177 236
U K Current Corporation Tax	16 099
U K Deferred Tax	-1 722
Director Remuneration Benefits Excluding Payments To Third Parties	207 505	200 408