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 05498482 Mr James Goad Mr Neil Stevens Mr David Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05498482 2022-12-31 05498482 2023-12-31 05498482 2023-01-01 2023-12-31 05498482 frs-core:CurrentFinancialInstruments 2023-12-31 05498482 frs-core:Non-currentFinancialInstruments 2023-12-31 05498482 frs-core:BetweenOneFiveYears 2023-12-31 05498482 frs-core:PlantMachinery 2023-12-31 05498482 frs-core:PlantMachinery 2023-01-01 2023-12-31 05498482 frs-core:PlantMachinery 2022-12-31 05498482 frs-core:WithinOneYear 2023-12-31 05498482 frs-core:ShareCapital 2023-12-31 05498482 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05498482 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05498482 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05498482 frs-bus:SmallEntities 2023-01-01 2023-12-31 05498482 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05498482 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05498482 frs-bus:Director1 2023-01-01 2023-12-31 05498482 frs-bus:Director2 2023-01-01 2023-12-31 05498482 frs-bus:Director3 2023-01-01 2023-12-31 05498482 frs-countries:EnglandWales 2023-01-01 2023-12-31 05498482 2021-12-31 05498482 2022-12-31 05498482 2022-01-01 2022-12-31 05498482 frs-core:CurrentFinancialInstruments 2022-12-31 05498482 frs-core:Non-currentFinancialInstruments 2022-12-31 05498482 frs-core:BetweenOneFiveYears 2022-12-31 05498482 frs-core:WithinOneYear 2022-12-31 05498482 frs-core:ShareCapital 2022-12-31 05498482 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05498482
Owen James Events Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
JML Business Services Limited
25 Church Street
Godalming
Surrey
GU7 1EL
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 05498482
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,701 7,916
6,701 7,916
CURRENT ASSETS
Debtors 5 490,261 674,092
Cash at bank and in hand 127,654 149,587
617,915 823,679
Creditors: Amounts Falling Due Within One Year 6 (431,777 ) (699,538 )
NET CURRENT ASSETS (LIABILITIES) 186,138 124,141
TOTAL ASSETS LESS CURRENT LIABILITIES 192,839 132,057
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,273 ) (1,504 )
NET ASSETS 191,566 130,553
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement 191,564 130,551
SHAREHOLDERS' FUNDS 191,566 130,553
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 Income Statement.
On behalf of the board
Mr James Goad
Director
26/09/2024
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
Owen James Events Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05498482 . The registered office is Fintel House, St Andrews Road, Huddersfield, HD1 6NA.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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 25% on reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 11)
12 11
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2023 49,950
Additions 1,019
Disposals (10,694 )
As at 31 December 2023 40,275
Depreciation
As at 1 January 2023 42,034
Provided during the period 2,234
Disposals (10,694 )
As at 31 December 2023 33,574
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 6,701
As at 1 January 2023 7,916
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 256,946 362,388
Other debtors 231,482 248,364
488,428 610,752
Due after more than one year
Other debtors 1,833 63,340
1,833 63,340
490,261 674,092
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 100,853 67,712
Bank loans and overdrafts - 12,500
Other creditors 283,409 526,471
Taxation and social security 47,515 92,855
431,777 699,538
Within other creditors is an amount due to the director James Goad of £18,628.47, interest is not charged on this amount and it is repayable on demand.
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
8. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 25,800 17,106
Later than one year and not later than five years 17,200 17,106
43,000 34,212
Page 4