Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 05534818 Mr Jonathan Westran Mrs Kirsty Westran Mrs Kirsty Westran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05534818 2023-08-31 05534818 2024-08-31 05534818 2023-09-01 2024-08-31 05534818 frs-core:ComputerEquipment 2023-09-01 2024-08-31 05534818 frs-core:FurnitureFittings 2023-09-01 2024-08-31 05534818 frs-core:NetGoodwill 2023-09-01 2024-08-31 05534818 frs-core:ShareCapital 2024-08-31 05534818 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 05534818 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05534818 frs-bus:AbridgedAccounts 2023-09-01 2024-08-31 05534818 frs-bus:SmallEntities 2023-09-01 2024-08-31 05534818 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05534818 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 05534818 frs-core:CostValuation 2023-08-31 05534818 frs-core:CostValuation 2024-08-31 05534818 frs-bus:Director1 2023-09-01 2024-08-31 05534818 frs-bus:Director2 2023-09-01 2024-08-31 05534818 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 05534818 frs-countries:EnglandWales 2023-09-01 2024-08-31 05534818 2022-08-31 05534818 2023-08-31 05534818 2022-09-01 2023-08-31 05534818 frs-core:ShareCapital 2023-08-31 05534818 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 05534818
Optimum Event Solutions Limited
ABRIDGED Financial Statements
For The Year Ended 31 August 2024
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 05534818
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 3,400 6,800
Tangible Assets 5 969 583
Investments 6 175,000 175,000
179,369 182,383
CURRENT ASSETS
Debtors 14,737 25,907
Cash at bank and in hand 26,766 38,785
41,503 64,692
Creditors: Amounts Falling Due Within One Year (65,408 ) (67,190 )
NET CURRENT ASSETS (LIABILITIES) (23,905 ) (2,498 )
TOTAL ASSETS LESS CURRENT LIABILITIES 155,464 179,885
NET ASSETS 155,464 179,885
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 155,462 179,883
SHAREHOLDERS' FUNDS 155,464 179,885
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For the year ending 31 August 2024 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Jonathan Westran
Director
Mrs Kirsty Westran
Director
25th November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Optimum Event Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05534818 . The registered office is 1a The Cornerhouse , Ridgeway-On-The-Hill, Ambergate, Belper, DE56 2LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% on cost
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Intangible Assets
Total
£
Cost
As at 1 September 2023 68,000
As at 31 August 2024 68,000
Amortisation
As at 1 September 2023 61,200
Provided during the period 3,400
As at 31 August 2024 64,600
Net Book Value
As at 31 August 2024 3,400
As at 1 September 2023 6,800
5. Tangible Assets
Total
£
Cost
As at 1 September 2023 8,431
Additions 923
As at 31 August 2024 9,354
Depreciation
As at 1 September 2023 7,848
Provided during the period 537
As at 31 August 2024 8,385
Net Book Value
As at 31 August 2024 969
As at 1 September 2023 583
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6. Investments
Total
£
Cost
As at 1 September 2023 175,000
As at 31 August 2024 175,000
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 175,000
As at 1 September 2023 175,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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