Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04571544 Mr Igor Makarov Pure Matter Media Group Limited 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04571544 2023-12-31 04571544 2024-12-31 04571544 2024-01-01 2024-12-31 04571544 frs-core:CurrentFinancialInstruments 2024-12-31 04571544 frs-core:PlantMachinery 2024-01-01 2024-12-31 04571544 frs-core:ShareCapital 2024-12-31 04571544 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04571544 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04571544 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04571544 frs-bus:SmallEntities 2024-01-01 2024-12-31 04571544 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04571544 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04571544 1 2024-01-01 2024-12-31 04571544 frs-bus:Director1 2024-01-01 2024-12-31 04571544 frs-countries:EnglandWales 2024-01-01 2024-12-31 04571544 2022-12-31 04571544 2023-12-31 04571544 2023-01-01 2023-12-31 04571544 frs-core:CurrentFinancialInstruments 2023-12-31 04571544 frs-core:ShareCapital 2023-12-31 04571544 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04571544
EFestivals Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
JENNIFER M RICHARDSON LIMITED
32 Station Road
Rainham
Gillingham
Kent
ME8 7PH
EFestivals Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
EFestivals Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 04571544

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | - |  | 1,000 |
Debtors | 5 | 2,942 |  | 8,733 |
Cash at bank and in hand |  | 12,119 |  | 4,773 |
|  | 15,061 |  | 14,506 |
Creditors: Amounts Falling Due Within One Year | 6 | (26,328 ) |  | (25,281 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (11,267 ) |  | (10,775 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (11,267 ) |  | (10,775 )
NET LIABILITIES |  |  | (11,267 ) |  | (10,775 )
CAPITAL AND RESERVES
Called up share capital | 7 |  | 1 |  | 1
Profit and Loss Account |  |  | (11,268 ) |  | (10,776 )
SHAREHOLDERS' FUNDS |  |  | (11,267) |  | (10,775)

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Igor Makarov Director
18/09/2025

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
EFestivals Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
EFestivals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04571544 . The registered office is 71-75 Shelton Street, London, WC2H 9QJ.
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:

Plant & Machinery | 25% on reducing balance

2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Stocks

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Stock | - |  | 1,000

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,943 |  | 1,478
Other debtors | (1 ) |  | 5,056
VAT | - |  | 2,199
| 2,942 |  | 8,733

Page 2
Page 3
EFestivals Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans and overdrafts | - |  | 410
Other taxes and social security | 26 |  | 26
VAT | 2,224 |  | -
Other creditors | 2,333 |  | 3,337
Director's loan account | 237 |  | -
Amounts owed to parent undertaking | 21,508 |  | 21,508
| 26,328 |  | 25,281

7. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

8. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Pure Matter Media Group Limited . Pure Matter Media Group Limited was incorporated in England. The ultimate controlling party is Pure Matter Media Group Limited who controls 100% of the shares of EFestivals Ltd .
Page 3