Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 NI047444 Ms Corinne Weatherup Mr Barry Faloona Mr Barry Faloona iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI047444 2023-12-31 NI047444 2024-12-31 NI047444 2024-01-01 2024-12-31 NI047444 frs-core:CurrentFinancialInstruments 2024-12-31 NI047444 frs-core:Non-currentFinancialInstruments 2024-12-31 NI047444 frs-core:ComputerEquipment 2024-12-31 NI047444 frs-core:ComputerEquipment 2024-01-01 2024-12-31 NI047444 frs-core:ComputerEquipment 2023-12-31 NI047444 frs-core:FurnitureFittings 2024-12-31 NI047444 frs-core:FurnitureFittings 2024-01-01 2024-12-31 NI047444 frs-core:FurnitureFittings 2023-12-31 NI047444 frs-core:MotorVehicles 2024-12-31 NI047444 frs-core:MotorVehicles 2024-01-01 2024-12-31 NI047444 frs-core:MotorVehicles 2023-12-31 NI047444 frs-core:ShareCapital 2024-12-31 NI047444 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI047444 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI047444 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 NI047444 frs-bus:SmallEntities 2024-01-01 2024-12-31 NI047444 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI047444 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 NI047444 frs-bus:Director1 2024-01-01 2024-12-31 NI047444 frs-bus:Director2 2024-01-01 2024-12-31 NI047444 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 NI047444 frs-countries:NorthernIreland 2024-01-01 2024-12-31 NI047444 2022-12-31 NI047444 2023-12-31 NI047444 2023-01-01 2023-12-31 NI047444 frs-core:CurrentFinancialInstruments 2023-12-31 NI047444 frs-core:Non-currentFinancialInstruments 2023-12-31 NI047444 frs-core:ShareCapital 2023-12-31 NI047444 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: NI047444
Event-Ful Consultancy Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI047444
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,418 6,099
7,418 6,099
CURRENT ASSETS
Debtors 5 179,538 58,295
Cash at bank and in hand 225,125 500,775
404,663 559,070
Creditors: Amounts Falling Due Within One Year 6 (115,179 ) (78,744 )
NET CURRENT ASSETS (LIABILITIES) 289,484 480,326
TOTAL ASSETS LESS CURRENT LIABILITIES 296,902 486,425
Creditors: Amounts Falling Due After More Than One Year 7 - (26,603 )
NET ASSETS 296,902 459,822
CAPITAL AND RESERVES
Called up share capital 8 12 12
Profit and Loss Account 296,890 459,810
SHAREHOLDERS' FUNDS 296,902 459,822
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For the year ending 31 December 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.
On behalf of the board
Ms Corinne Weatherup
Director
8th April 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Event-Ful Consultancy Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI047444 . The registered office is 2 Lower Crescent, Belfast, BT7 1NR.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was 5 5 (2023: 4)
5 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 499 10,128 14,945 25,572
Additions - 1,010 2,892 3,902
As at 31 December 2024 499 11,138 17,837 29,474
Depreciation
As at 1 January 2024 289 8,247 10,937 19,473
Provided during the period 52 723 1,808 2,583
As at 31 December 2024 341 8,970 12,745 22,056
Net Book Value
As at 31 December 2024 158 2,168 5,092 7,418
As at 1 January 2024 210 1,881 4,008 6,099
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 146,848 41,191
Prepayments and accrued income 14,287 14,932
Corporation tax recoverable assets 10,627 -
VAT 7,776 2,172
179,538 58,295
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 102,255 24,033
Bank loans and overdrafts 5,171 2,273
Corporation tax - 48,077
Other taxes and social security 2,524 -
Accruals and deferred income 5,229 4,361
115,179 78,744
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 26,603
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 12 12
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