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 07390330 Mr Leon March iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07390330 2022-12-31 07390330 2023-12-31 07390330 2023-01-01 2023-12-31 07390330 frs-core:CurrentFinancialInstruments 2023-12-31 07390330 frs-core:Non-currentFinancialInstruments 2023-12-31 07390330 frs-core:FurnitureFittings 2023-12-31 07390330 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07390330 frs-core:FurnitureFittings 2022-12-31 07390330 frs-core:NetGoodwill 2023-12-31 07390330 frs-core:NetGoodwill 2023-01-01 2023-12-31 07390330 frs-core:NetGoodwill 2022-12-31 07390330 frs-core:PlantMachinery 2023-12-31 07390330 frs-core:PlantMachinery 2023-01-01 2023-12-31 07390330 frs-core:PlantMachinery 2022-12-31 07390330 frs-core:ShareCapital 2023-12-31 07390330 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07390330 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07390330 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07390330 frs-bus:SmallEntities 2023-01-01 2023-12-31 07390330 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07390330 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07390330 frs-core:CostValuation 2022-12-31 07390330 frs-core:CostValuation 2023-12-31 07390330 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 07390330 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 07390330 frs-bus:Director1 2023-01-01 2023-12-31 07390330 frs-countries:EnglandWales 2023-01-01 2023-12-31 07390330 2021-12-31 07390330 2022-12-31 07390330 2022-01-01 2022-12-31 07390330 frs-core:CurrentFinancialInstruments 2022-12-31 07390330 frs-core:Non-currentFinancialInstruments 2022-12-31 07390330 frs-core:ShareCapital 2022-12-31 07390330 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07390330
Out There Events Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
RJF Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07390330
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,551 8,879
Tangible Assets 5 23 303
Investments 6 612,959 612,959
616,533 622,141
CURRENT ASSETS
Debtors 7 449,828 449,828
Cash at bank and in hand 3,335 25,743
453,163 475,571
Creditors: Amounts Falling Due Within One Year 8 (979,434 ) (926,137 )
NET CURRENT ASSETS (LIABILITIES) (526,271 ) (450,566 )
TOTAL ASSETS LESS CURRENT LIABILITIES 90,262 171,575
Creditors: Amounts Falling Due After More Than One Year 9 (17,106 ) (26,504 )
NET ASSETS 73,156 145,071
CAPITAL AND RESERVES
Called up share capital 10 200,000 200,000
Profit and Loss Account (126,844 ) (54,929 )
SHAREHOLDERS' FUNDS 73,156 145,071
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 Leon March
Director
06/09/2024
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
Out There Events Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07390330 . The registered office is Unit 2 Abito, 85 Greengate, Salford, Manchester, M3 7NA.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10%
Fixtures & Fittings 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 95,000
As at 31 December 2023 95,000
Amortisation
As at 1 January 2023 86,121
Provided during the period 5,328
As at 31 December 2023 91,449
Net Book Value
As at 31 December 2023 3,551
As at 1 January 2023 8,879
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 4,109 8,795 12,904
As at 31 December 2023 4,109 8,795 12,904
Depreciation
As at 1 January 2023 4,109 8,492 12,601
Provided during the period - 280 280
As at 31 December 2023 4,109 8,772 12,881
Net Book Value
As at 31 December 2023 - 23 23
As at 1 January 2023 - 303 303
Page 3
Page 4
6. Investments
Other
£
Cost
As at 1 January 2023 612,959
As at 31 December 2023 612,959
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 612,959
As at 1 January 2023 612,959
7. Debtors
2023 2022
£ £
Due within one year
Amounts owed by related parties 449,828 449,828
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 3
Bank loans and overdrafts 9,398 9,398
Amounts owed to related parties 970,036 916,736
979,434 926,137
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 17,106 26,504
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200,000 200,000
Page 4