Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12381881 Mr Edward Hunter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12381881 2023-12-31 12381881 2024-12-31 12381881 2024-01-01 2024-12-31 12381881 frs-core:CurrentFinancialInstruments 2024-12-31 12381881 frs-core:Non-currentFinancialInstruments 2024-12-31 12381881 frs-core:ComputerEquipment 2024-12-31 12381881 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12381881 frs-core:ComputerEquipment 2023-12-31 12381881 frs-core:MotorVehicles 2024-12-31 12381881 frs-core:MotorVehicles 2024-01-01 2024-12-31 12381881 frs-core:MotorVehicles 2023-12-31 12381881 frs-core:PlantMachinery 2024-12-31 12381881 frs-core:PlantMachinery 2024-01-01 2024-12-31 12381881 frs-core:PlantMachinery 2023-12-31 12381881 frs-core:ShareCapital 2024-12-31 12381881 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12381881 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12381881 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12381881 frs-bus:SmallEntities 2024-01-01 2024-12-31 12381881 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12381881 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12381881 frs-bus:Director1 2024-01-01 2024-12-31 12381881 frs-core:CurrentFinancialInstruments 1 2024-12-31 12381881 frs-core:CurrentFinancialInstruments 2 2024-12-31 12381881 frs-countries:EnglandWales 2024-01-01 2024-12-31 12381881 2022-12-31 12381881 2023-12-31 12381881 2023-01-01 2023-12-31 12381881 frs-core:CurrentFinancialInstruments 2023-12-31 12381881 frs-core:Non-currentFinancialInstruments 2023-12-31 12381881 frs-core:ShareCapital 2023-12-31 12381881 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12381881 frs-core:CurrentFinancialInstruments 1 2023-12-31 12381881 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 12381881
Q&R Events Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Hub Accountants Limited
Chartered Accountants
Innovation House
Wincombe Lane
Shaftesbury
Dorset
SP7 8FG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12381881
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 218,804 133,896
218,804 133,896
CURRENT ASSETS
Stocks 5 6,000 8,393
Debtors 6 18,277 49,486
Cash at bank and in hand 55,870 31,905
80,147 89,784
Creditors: Amounts Falling Due Within One Year 7 (59,344 ) (49,654 )
NET CURRENT ASSETS (LIABILITIES) 20,803 40,130
TOTAL ASSETS LESS CURRENT LIABILITIES 239,607 174,026
Creditors: Amounts Falling Due After More Than One Year 8 (17,426 ) (27,259 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (51,592 ) (25,064 )
NET ASSETS 170,589 121,703
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 170,489 121,603
SHAREHOLDERS' FUNDS 170,589 121,703
Page 1
Page 2
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
Mr Edward Hunter
Director
23rd May 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Q&R Events Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12381881 . The registered office is Moochers Roost, Lower Wincombe Lane, Shaftesbury, Wiltshire, SP7 9DB.
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 amounts receivable for the supply of goods and services rendered in relation to the supply and hire of tents and marquees.
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% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Page 3
Page 4
2.6. 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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 4)
6 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 200,607 64,903 2,955 268,465
Additions 142,690 26,664 1,398 170,752
Disposals - (30,745 ) - (30,745 )
As at 31 December 2024 343,297 60,822 4,353 408,472
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 January 2024 102,104 30,544 1,921 134,569
Provided during the period 60,057 12,014 803 72,874
Disposals - (17,775 ) - (17,775 )
As at 31 December 2024 162,161 24,783 2,724 189,668
Net Book Value
As at 31 December 2024 181,136 36,039 1,629 218,804
As at 1 January 2024 98,503 34,359 1,034 133,896
5. Stocks
2024 2023
£ £
Stock 6,000 8,393
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,164 45,116
Prepayments and accrued income 7,113 4,370
18,277 49,486
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 11,204 10,396
Trade creditors 5,499 827
Bank loans and overdrafts 8,519 8,519
Corporation tax - 5,900
Other taxes and social security 3,109 1,193
VAT 24,664 14,710
HSBC credit card 977 -
Amex card 322 2,319
Accruals and deferred income 3,884 4,098
Directors' loan accounts 1,166 1,692
59,344 49,654
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,416 15,153
Bank loans 4,010 12,106
17,426 27,259
9. Secured Creditors
Of the creditors the following amounts are secured. Hire purchase creditors are secured on the assets to which they relate.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 24,620 25,549
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 667 1,333
Page 6