Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-30false2023-10-01Organisation of hen and stag events1719truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04945685 2023-10-01 2024-09-30 04945685 2022-10-01 2023-09-30 04945685 2024-09-30 04945685 2023-09-30 04945685 1 2023-10-01 2024-09-30 04945685 d:Director4 2023-10-01 2024-09-30 04945685 c:PlantMachinery 2023-10-01 2024-09-30 04945685 c:PlantMachinery 2024-09-30 04945685 c:PlantMachinery 2023-09-30 04945685 c:PlantMachinery c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04945685 c:MotorVehicles 2023-10-01 2024-09-30 04945685 c:FurnitureFittings 2023-10-01 2024-09-30 04945685 c:OfficeEquipment 2023-10-01 2024-09-30 04945685 c:OfficeEquipment 2024-09-30 04945685 c:OfficeEquipment 2023-09-30 04945685 c:OfficeEquipment c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04945685 c:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04945685 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-09-30 04945685 c:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 04945685 c:CurrentFinancialInstruments 2024-09-30 04945685 c:CurrentFinancialInstruments 2023-09-30 04945685 c:Non-currentFinancialInstruments 2024-09-30 04945685 c:Non-currentFinancialInstruments 2023-09-30 04945685 c:CurrentFinancialInstruments c:WithinOneYear 2024-09-30 04945685 c:CurrentFinancialInstruments c:WithinOneYear 2023-09-30 04945685 c:Non-currentFinancialInstruments c:AfterOneYear 2024-09-30 04945685 c:Non-currentFinancialInstruments c:AfterOneYear 2023-09-30 04945685 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2024-09-30 04945685 c:Non-currentFinancialInstruments c:BetweenOneTwoYears 2023-09-30 04945685 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2024-09-30 04945685 c:Non-currentFinancialInstruments c:BetweenTwoFiveYears 2023-09-30 04945685 c:ShareCapital 2024-09-30 04945685 c:ShareCapital 2023-09-30 04945685 c:RetainedEarningsAccumulatedLosses 2024-09-30 04945685 c:RetainedEarningsAccumulatedLosses 2023-09-30 04945685 d:OrdinaryShareClass1 2023-10-01 2024-09-30 04945685 d:OrdinaryShareClass1 2024-09-30 04945685 d:OrdinaryShareClass1 2023-09-30 04945685 d:OrdinaryShareClass2 2023-10-01 2024-09-30 04945685 d:OrdinaryShareClass2 2024-09-30 04945685 d:OrdinaryShareClass2 2023-09-30 04945685 d:OrdinaryShareClass3 2023-10-01 2024-09-30 04945685 d:OrdinaryShareClass3 2024-09-30 04945685 d:OrdinaryShareClass3 2023-09-30 04945685 d:OrdinaryShareClass4 2023-10-01 2024-09-30 04945685 d:OrdinaryShareClass4 2024-09-30 04945685 d:OrdinaryShareClass4 2023-09-30 04945685 d:FRS102 2023-10-01 2024-09-30 04945685 d:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 04945685 d:FullAccounts 2023-10-01 2024-09-30 04945685 d:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04945685 c:DevelopmentCostsCapitalisedDevelopmentExpenditure c:ExternallyAcquiredIntangibleAssets 2023-10-01 2024-09-30 04945685 2 2023-10-01 2024-09-30 04945685 4 2023-10-01 2024-09-30 04945685 6 2023-10-01 2024-09-30 04945685 c:DevelopmentCostsCapitalisedDevelopmentExpenditure c:OwnedIntangibleAssets 2023-10-01 2024-09-30 04945685 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 04945685










THE EVENTA ENTERTAINMENT GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2024

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
  
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE EVENTA ENTERTAINMENT GROUP LIMITED
FOR THE YEAR ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Eventa Entertainment Group Limited for the year ended 30 September 2024 which comprise  the Statement of Financial Position and the related notes from the Company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of The Eventa Entertainment Group Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Eventa Entertainment Group Limited and state those matters that we have agreed to state to the Board of Directors of The Eventa Entertainment Group Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Eventa Entertainment Group Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that The Eventa Entertainment Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Eventa Entertainment Group Limited. You consider that The Eventa Entertainment Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of The Eventa Entertainment Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

We draw attention to note 2.2 in the financial statements, which indicates that conditions have been identified that may cast significant doubt on the Company's ability to continue as a going concern. As stated in note 2.2, these events or conditions, along with the other matters as set forth in note 2.2, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern

  



Xeinadin London Limited
 
8th Floor
Becket House
36 Old Jewry
London
EC2R 8DD
31 March 2025
Page 1

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
REGISTERED NUMBER: 04945685

STATEMENT OF FINANCIAL POSITION
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 5 
392,856
340,540

Tangible assets
 6 
1,676
5,173

Investments
 7 
-
172,875

  
394,532
518,588

Current assets
  

Debtors: amounts falling due within one year
 8 
202,311
887,831

Cash at bank and in hand
 9 
635
147

  
202,946
887,978

Creditors: amounts falling due within one year
 10 
(1,356,592)
(1,460,426)

Net current liabilities
  
 
 
(1,153,646)
 
 
(572,448)

Total assets less current liabilities
  
(759,114)
(53,860)

Creditors: amounts falling due after more than one year
 11 
(311,312)
(387,139)

  

Net liabilities
  
(1,070,426)
(440,999)


Capital and reserves
  

Called up share capital 
  
30,100
30,100

Profit and loss account
  
(1,100,526)
(471,099)

  
(1,070,426)
(440,999)


Page 2

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
REGISTERED NUMBER: 04945685
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 March 2025.




R J Hill
Director

The notes on pages 4 to 14 form part of these financial statements.

Page 3

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

The Eventa Entertainment Group Limited is a private company limited by shares incorporated in England and Wales, United Kingdom. The address of the registered office is given in the company information section on page 2 of these financial statements.
The nature of the company's operations and principal activities are that of a travel agency.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

Post year end, a connected company filed for liquidation, which resulted in the Company impairing its investment, as well as recognise the one off loss of debtors as bad debt. Due to the one off nature of this cost, the Directors are confident that this situation will not be repeated, and therefore not impact future cash flows.
The current and future financial position of the Company, its cash flows and liquidity position have been reviewed by the Directors. These have been prepared in a prudent manner when considering future sales. The forecasts have been stress tested to ensure that cash flows and liquidity are sufficiently robust to allow the Company to continue to trade during this period. In managing its cash flows, the Company has a bank overdraft facility in place and has taken other actions to manage short term and longer term liquidity.
At the date of approving the financial statements, the Directors are confident that the existing funding facilities will provide sufficient headroom to meet the forecast cash requirements during the twelve months from the date of approval of the financial statements, having considered any additional requirements that would be contingent on a downturn in activity over the same period.
On this basis, the Directors consider it appropriate to prepare the financial statements on a going concern basis.

  
2.3

Turnover

Turnover comprises revenue recognised by the Company during the year in respect of services supplied in carrying out its principal activity of a travel agency, exclusive of Value Added Tax and trade discounts.
Turnover is recognised based on the date of departure. Deposits and advance payments received from clients are recorded within creditors until the date of departure has passed, at which point these balances are released to turnover.

Page 4

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.10

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


  
2.11

Advance receipts and payments

All revenue relating to holidays with departure dates after the year end are treated as advance receipts at the balance sheet date and separately disclosed within accruals and deferred income. Payments made to suppliers in respect of these departures are included within prepayments.

 
2.12

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.13

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Page 6

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.14

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
33%
on cost
Motor vehicles
-
20%
on cost
Fixtures and fittings
-
33%
on cost
Office equipment
-
33%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.15

Impairment of fixed assets and goodwill

Assets that are subject to depreciation or amortisation are assessed at each reporting date to determine whether there is any indication that the assets are impaired. Where there is any indication that an asset may be impaired, the carrying value of the asset is tested for impairment. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's fair value less costs to sell and value in use.

 
2.16

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.17

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.18

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 7

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.19

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.20

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.21

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
 

3.


Judgements in applying accounting policies and key sources of estimation uncertainty

In the application for the group’s accounting policies, the directors are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimates and underlying assumptions are reviewed on a ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimates is revised where the revisions affects only
that period, or in the period of the revision and future periods where the revision affects both current and
future periods.
The directors are of the view that there are no critical judgements that have had a significant effect on the
amounts recognised in the financial statements.


4.


Employees

The average monthly number of employees, including directors, during the year was 17 (2023 - 19).

Page 8

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Intangible assets




Development
 expenditure

£



Cost


At 1 October 2023
1,460,009


Additions
137,845



At 30 September 2024

1,597,854



Amortisation


At 1 October 2023
1,119,469


Charge for the year on owned assets
85,529



At 30 September 2024

1,204,998



Net book value



At 30 September 2024
392,856



At 30 September 2023
340,540



Page 9

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 October 2023
821
68,098
68,919



At 30 September 2024

821
68,098
68,919



Depreciation


At 1 October 2023
821
62,925
63,746


Charge for the year on owned assets
-
3,497
3,497



At 30 September 2024

821
66,422
67,243



Net book value



At 30 September 2024
-
1,676
1,676



At 30 September 2023
-
5,173
5,173

Page 10

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7.


Fixed asset investments





Investments

£





At 1 October 2023
172,875


Amounts written off
(172,875)



At 30 September 2024
-





8.


Debtors

2024
2023
£
£


Trade debtors
-
458,524

Other debtors
62,278
334,972

Prepayments and accrued income
92,170
46,472

Deferred taxation
47,863
47,863

202,311
887,831


Included within prepayments and accrued income is £12,734 (2023: £13,285) relating to advance payments to suppliers for future travel.


9.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
635
147

Less: bank overdrafts
(145,865)
(212,950)

(145,230)
(212,803)


Page 11

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

10.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
145,865
212,950

Bank loans
75,827
75,827

Other loans
-
55,000

Trade creditors
285,855
250,427

Corporation tax
-
5,537

Other taxation and social security
242,970
304,734

Other creditors
99,099
51,334

Accruals and deferred income
506,976
504,617

1,356,592
1,460,426


Included within accruals and deferred income is £498,676 (2023: £462,113) relating to monies received in advance from customers for future travel.


11.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
311,312
387,139

311,312
387,139


Page 12

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

12.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
75,827
75,827

Other loans
-
55,000


75,827
130,827

Amounts falling due 1-2 years

Bank loans
283,333
333,333


283,333
333,333

Amounts falling due 2-5 years

Bank loans
27,979
53,806


27,979
53,806


387,139
517,966



13.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



30,000 (2023 - 30,000) Ordinary shares of £1.00 each
30,000
30,000
80 (2023 - 80) Ordinary - A shares of £1.00 each
80
80
15 (2023 - 15) Ordinary - B shares of £1.00 each
15
15
5 (2023 - 5) Ordinary - C shares of £1.00 each
5
5

30,100

30,100


Page 13

 
THE EVENTA ENTERTAINMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

14.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £15,716 (2023: £18,418). Contributions totalling £Nil (2023: £Nil) were payable to the fund at the reporting date and are included within creditors. 


15.


Related party transactions

Appendix C of FRS 102 Section 1A, does not require disclosure of transactions entered into between two or more members of the group, provided that any subsidiary which is a party to the transaction is a wholly owned member. Hence these transactions were not disclosed in these financial statements.
At 30 September 2024, the company owed £43,712 (2023: £132,702 owed from) to directors in respect of a directors loan account.


16.


Post balance sheet events

The directors have concluded that no other material events have occurred since the date of approval of these financial statements that would affect these financial statements, other than those mentioned in Note 2.2.

 
Page 14