Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04740324 S Artus D Winter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04740324 2024-03-31 04740324 2025-03-31 04740324 2024-04-01 2025-03-31 04740324 frs-core:CurrentFinancialInstruments 2025-03-31 04740324 frs-core:ComputerEquipment 2025-03-31 04740324 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04740324 frs-core:ComputerEquipment 2024-03-31 04740324 frs-core:FurnitureFittings 2025-03-31 04740324 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04740324 frs-core:FurnitureFittings 2024-03-31 04740324 frs-core:NetGoodwill 2025-03-31 04740324 frs-core:NetGoodwill 2024-04-01 2025-03-31 04740324 frs-core:NetGoodwill 2024-03-31 04740324 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 04740324 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 04740324 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04740324 frs-core:MotorVehicles 2025-03-31 04740324 frs-core:MotorVehicles 2024-04-01 2025-03-31 04740324 frs-core:MotorVehicles 2024-03-31 04740324 frs-core:PlantMachinery 2025-03-31 04740324 frs-core:PlantMachinery 2024-04-01 2025-03-31 04740324 frs-core:PlantMachinery 2024-03-31 04740324 frs-core:RevaluationReserve 2024-04-01 2025-03-31 04740324 frs-core:RevaluationReserve 2024-03-31 04740324 frs-core:RevaluationReserve 2025-03-31 04740324 frs-core:ShareCapital 2025-03-31 04740324 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04740324 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04740324 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04740324 frs-bus:SmallEntities 2024-04-01 2025-03-31 04740324 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04740324 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04740324 frs-bus:Director1 2024-04-01 2025-03-31 04740324 frs-bus:Director2 2024-04-01 2025-03-31 04740324 frs-countries:EnglandWales 2024-04-01 2025-03-31 04740324 2023-03-31 04740324 2024-03-31 04740324 2023-04-01 2024-03-31 04740324 frs-core:CurrentFinancialInstruments 2024-03-31 04740324 frs-core:RevaluationReserve 2024-03-31 04740324 frs-core:ShareCapital 2024-03-31 04740324 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 04740324
Event Power & Light Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Modus Accountants Ltd
Unit 1c Church Green
Witney
OX28 4YR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04740324
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 142,777 138,113
Investment Properties 6 320,000 310,000
462,777 448,113
CURRENT ASSETS
Stocks 7 1,000 1,000
Debtors 8 12,123 12,101
Cash at bank and in hand 402,294 353,041
415,417 366,142
Creditors: Amounts Falling Due Within One Year 9 (282,627 ) (248,465 )
NET CURRENT ASSETS (LIABILITIES) 132,790 117,677
TOTAL ASSETS LESS CURRENT LIABILITIES 595,567 565,790
PROVISIONS FOR LIABILITIES
Deferred Taxation (30,408 ) (26,684 )
NET ASSETS 565,159 539,106
CAPITAL AND RESERVES
Called up share capital 10 333 333
Revaluation reserve 11 57,739 50,239
Profit and Loss Account 507,087 488,534
SHAREHOLDERS' FUNDS 565,159 539,106
Page 1
Page 2
For the year ending 31 March 2025 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
D Winter
Director
5 September 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
Event Power & Light Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04740324 . The registered office is Copelands, Ledbury Road, Staunton, Gloucester, GL19 3QA.
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 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. Turnover is therefore recognised when the event takes place.
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 5 years.
2.4. 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:
Freehold 4% straight line
Plant & Machinery 25% straight line
Motor Vehicles 15% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.5. Investment Properties
All investment properties are carried at fair value determined annually by the directors. The directors use current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. 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.
2.7. 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.
...CONTINUED
Page 3
Page 4
2.7. Taxation - continued
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: 7 (2024: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 63,200
As at 31 March 2025 63,200
Amortisation
As at 1 April 2024 63,200
As at 31 March 2025 63,200
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 April 2024 109,674 7,698 113,187 1,178
Additions - - 40,320 1,362
Disposals - - (18,000 ) -
As at 31 March 2025 109,674 7,698 135,507 2,540
Depreciation
As at 1 April 2024 21,215 7,698 67,751 1,178
Provided during the period 4,387 - 16,690 341
Disposals - - (2,700 ) -
As at 31 March 2025 25,602 7,698 81,741 1,519
Net Book Value
As at 31 March 2025 84,072 - 53,766 1,021
As at 1 April 2024 88,459 - 45,436 -
Page 4
Page 5
Computer Equipment Total
£ £
Cost or Valuation
As at 1 April 2024 15,989 247,726
Additions 1,647 43,329
Disposals (1,759 ) (19,759 )
As at 31 March 2025 15,877 271,296
Depreciation
As at 1 April 2024 11,771 109,613
Provided during the period 1,947 23,365
Disposals (1,759 ) (4,459 )
As at 31 March 2025 11,959 128,519
Net Book Value
As at 31 March 2025 3,918 142,777
As at 1 April 2024 4,218 138,113
6. Investment Property
2025
£
Fair Value
As at 1 April 2024 310,000
Revaluations 10,000
As at 31 March 2025 320,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 243,014 243,014
7. Stocks
2025 2024
£ £
Stock 1,000 1,000
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,422 4,860
Prepayments and accrued income 4,701 3,133
VAT - 4,108
12,123 12,101
Page 5
Page 6
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 12,620 15,898
Corporation tax 25,099 16,741
Other taxes and social security 2,418 1,670
VAT 4,242 -
Net wages - 1,009
Other creditors 390 238
Accruals and deferred income 110,208 83,022
Directors' loan accounts 127,650 129,887
282,627 248,465
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 333 333
11. Reserves
Revaluation Reserve
£
As at 1 April 2024 50,239
Surplus on revaluation 7,500
As at 31 March 2025 57,739
Page 6