Acorah Software Products - Accounts Production 16.5.460 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 06393540 Mrs J Greenwell Mr A Greenwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06393540 2024-01-31 06393540 2025-01-31 06393540 2024-02-01 2025-01-31 06393540 frs-core:CurrentFinancialInstruments 2025-01-31 06393540 frs-core:BetweenOneFiveYears 2025-01-31 06393540 frs-core:ComputerEquipment 2025-01-31 06393540 frs-core:ComputerEquipment 2024-02-01 2025-01-31 06393540 frs-core:ComputerEquipment 2024-01-31 06393540 frs-core:FurnitureFittings 2025-01-31 06393540 frs-core:FurnitureFittings 2024-02-01 2025-01-31 06393540 frs-core:FurnitureFittings 2024-01-31 06393540 frs-core:NetGoodwill 2025-01-31 06393540 frs-core:NetGoodwill 2024-02-01 2025-01-31 06393540 frs-core:NetGoodwill 2024-01-31 06393540 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-01-31 06393540 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-02-01 2025-01-31 06393540 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 06393540 frs-core:PlantMachinery 2025-01-31 06393540 frs-core:PlantMachinery 2024-02-01 2025-01-31 06393540 frs-core:PlantMachinery 2024-01-31 06393540 frs-core:ShareCapital 2025-01-31 06393540 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 06393540 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 06393540 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 06393540 frs-bus:SmallEntities 2024-02-01 2025-01-31 06393540 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 06393540 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 06393540 frs-core:UnlistedNon-exchangeTraded 2025-01-31 06393540 frs-core:UnlistedNon-exchangeTraded 2024-01-31 06393540 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-01-31 06393540 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-01-31 06393540 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-01-31 06393540 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-01-31 06393540 frs-bus:Director1 2024-02-01 2025-01-31 06393540 frs-bus:Director1 2024-01-31 06393540 frs-bus:Director1 2025-01-31 06393540 frs-bus:Director2 2024-02-01 2025-01-31 06393540 frs-bus:Director2 2024-01-31 06393540 frs-bus:Director2 2025-01-31 06393540 frs-countries:EnglandWales 2024-02-01 2025-01-31 06393540 2023-01-31 06393540 2024-01-31 06393540 2023-02-01 2024-01-31 06393540 frs-core:CurrentFinancialInstruments 2024-01-31 06393540 frs-core:BetweenOneFiveYears 2024-01-31 06393540 frs-core:ShareCapital 2024-01-31 06393540 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 06393540
G3 Events Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Pennington Williams Limited
Chartered Certified Accountants
STANHOPE HOUSE
MARK RAKE
BROMBOROUGH
WIRRAL
CH62 2DN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 06393540
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 122,129 174,566
Investments 6 12,210 12,210
134,339 186,776
CURRENT ASSETS
Debtors 7 646,709 792,531
Cash at bank and in hand 2,078,511 1,245,848
2,725,220 2,038,379
Creditors: Amounts Falling Due Within One Year 8 (469,337 ) (447,772 )
NET CURRENT ASSETS (LIABILITIES) 2,255,883 1,590,607
TOTAL ASSETS LESS CURRENT LIABILITIES 2,390,222 1,777,383
PROVISIONS FOR LIABILITIES
Deferred Taxation (30,532 ) (43,642 )
NET ASSETS 2,359,690 1,733,741
CAPITAL AND RESERVES
Called up share capital 9 200 200
Profit and Loss Account 2,359,490 1,733,541
SHAREHOLDERS' FUNDS 2,359,690 1,733,741
Page 1
Page 2
For the year ending 31 January 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
Mrs J Greenwell
Director
22/10/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
G3 Events Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06393540 . The registered office is 1 Chapel Lane, Tattenhall, Chester, Cheshire, CH3 9EE.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities.  Turnover is shown net of value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities
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 has been fully amortised to the profit and loss account over its estimated economic life of 3 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:
Leasehold 10 years
Plant & Machinery 3 and 5 years
Fixtures & Fittings 10 years
Computer Equipment 10 years
2.5. 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price.  They are subsequently measured at amortised cost using the effective interest method, less provision for impairment.  A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
2.8. Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.  Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2024: 11)
12 11
Page 4
Page 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2024 51,000
As at 31 January 2025 51,000
Amortisation
As at 1 February 2024 51,000
As at 31 January 2025 51,000
Net Book Value
As at 31 January 2025 -
As at 1 February 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2024 13,686 362,989 28,832 4,555 410,062
Additions - 35,249 3,282 - 38,531
As at 31 January 2025 13,686 398,238 32,114 4,555 448,593
Depreciation
As at 1 February 2024 6,489 208,547 17,254 3,206 235,496
Provided during the period 1,368 85,933 3,212 455 90,968
As at 31 January 2025 7,857 294,480 20,466 3,661 326,464
Net Book Value
As at 31 January 2025 5,829 103,758 11,648 894 122,129
As at 1 February 2024 7,197 154,442 11,578 1,349 174,566
Included within the net book value of land and buildings above is £ 5,829 (2024: £ 7,197) in respect of long leasehold land and buildings.
Page 5
Page 6
6. Investments
Unlisted
£
Cost
As at 1 February 2024 12,210
As at 31 January 2025 12,210
Provision
As at 1 February 2024 -
As at 31 January 2025 -
Net Book Value
As at 31 January 2025 12,210
As at 1 February 2024 12,210
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 104,867 156,164
Prepayments and accrued income 2,556 100,350
Other debtors 145,590 135,259
Directors' loan accounts 393,696 400,758
646,709 792,531
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 77,911 43,394
Corporation tax 254,340 330,453
Other taxes and social security 11,434 11,312
VAT 106,176 56,046
Other creditors 7,845 3,249
Accruals and deferred income 11,631 3,318
469,337 447,772
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 200 200
Page 6
Page 7
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Later than one year and not later than five years 30,139 38,550
30,139 38,550
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mrs Jayne Greenwell 200,379 21,469 (25,000 ) - 196,848
Mr Andrew Greenwell 200,379 40,219 (43,750 ) - 196,848
The above loans are unsecured and repayable on demand.  Interest has been charged on the loans at 2.25%.
Page 7