Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 04729404 Mr Filipe Lowndes Marques Mrs Maria Lowndes Marques Mrs Susan Greco true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04729404 2022-12-31 04729404 2023-12-31 04729404 2023-01-01 2023-12-31 04729404 frs-core:CurrentFinancialInstruments 2023-12-31 04729404 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 04729404 frs-core:InvestmentPropertyIncludedWithinPPE 2022-12-31 04729404 frs-core:ShareCapital 2023-12-31 04729404 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04729404 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04729404 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04729404 frs-bus:SmallEntities 2023-01-01 2023-12-31 04729404 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04729404 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04729404 1 2023-01-01 2023-12-31 04729404 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-12-31 04729404 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31 04729404 frs-bus:Director1 2023-01-01 2023-12-31 04729404 frs-bus:Director2 2023-01-01 2023-12-31 04729404 frs-bus:Director3 2023-01-01 2023-12-31 04729404 frs-countries:EnglandWales 2023-01-01 2023-12-31 04729404 2021-12-31 04729404 2022-12-31 04729404 2022-01-01 2022-12-31 04729404 frs-core:CurrentFinancialInstruments 2022-12-31 04729404 frs-core:ShareCapital 2022-12-31 04729404 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 04729404 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2022-12-31
Registered number: 04729404
Event Estates Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04729404
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,500,000 3,500,000
3,500,000 3,500,000
CURRENT ASSETS
Debtors 5 1,188 71,244
Cash at bank and in hand 45,628 48,182
46,816 119,426
Creditors: Amounts Falling Due Within One Year 6 (489,195 ) (595,945 )
NET CURRENT ASSETS (LIABILITIES) (442,379 ) (476,519 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,057,621 3,023,481
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (429,206 ) (429,206 )
NET ASSETS 2,628,415 2,594,275
CAPITAL AND RESERVES
Called up share capital 3 3
Fair Value Reserve 8 1,906,842 1,906,842
Profit and Loss Account 721,570 687,430
SHAREHOLDERS' FUNDS 2,628,415 2,594,275
Page 1
Page 2
For the year ending 31 December 2023 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Filipe Lowndes Marques
Director
11/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Event Estates Limited Registered number 04729404 is a limited by shares company incorporated in England & Wales. The Registered Office is C/O CHF, First Floor, 139 Marvels Lane, London, SE12 9PP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents rental income receivable.
2.3. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 January 2023 3,500,000
As at 31 December 2023 3,500,000
Net Book Value
As at 31 December 2023 3,500,000
As at 1 January 2023 3,500,000
The investment property is shown at its revalued amount. If the investment property had not been revalued it would have been included at its historical cost of £1,163,952 (2022: £1,163,952).
The investment property was valued on a fair value basis on 31 December 2023 by the directors.
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 70,248
Prepayments and accrued income 1,188 996
1,188 71,244
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 9,923 14,307
Accruals and deferred income 1,990 4,513
Amounts owed to parent undertaking 477,282 577,125
489,195 595,945
7. Deferred Taxation
The provision for deferred taxation is made up of the fair value gain on the investment property.
2023 2022
£ £
Other timing differences 429,206 429,206
8. Reserves
Fair Value Reserve
£
As at 1 January 2023 1,906,842
As at 31 December 2023 1,906,842
9. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Dispur (Portugal) S.A, a company incorporated in Portugal.

The ultimate controlling party is Mr F Lowndes Marques.
Page 4