Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 September 2023 false 1 April 2024 31 March 2025 31 March 2025 9730088 Mr Llyr Roberts iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9730088 2024-03-31 9730088 2025-03-31 9730088 2024-04-01 2025-03-31 9730088 frs-core:CurrentFinancialInstruments 2025-03-31 9730088 frs-core:Non-currentFinancialInstruments 2025-03-31 9730088 frs-core:ComputerEquipment 2025-03-31 9730088 frs-core:ComputerEquipment 2024-04-01 2025-03-31 9730088 frs-core:ComputerEquipment 2024-03-31 9730088 frs-core:FurnitureFittings 2025-03-31 9730088 frs-core:FurnitureFittings 2024-04-01 2025-03-31 9730088 frs-core:FurnitureFittings 2024-03-31 9730088 frs-core:PlantMachinery 2025-03-31 9730088 frs-core:PlantMachinery 2024-04-01 2025-03-31 9730088 frs-core:PlantMachinery 2024-03-31 9730088 frs-core:ShareCapital 2025-03-31 9730088 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 9730088 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 9730088 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 9730088 frs-bus:SmallEntities 2024-04-01 2025-03-31 9730088 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 9730088 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 9730088 frs-core:ListedExchangeTraded 2025-03-31 9730088 frs-core:ListedExchangeTraded 2024-03-31 9730088 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 9730088 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-03-31 9730088 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 9730088 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-03-31 9730088 frs-bus:Director1 2024-04-01 2025-03-31 9730088 frs-countries:EnglandWales 2024-04-01 2025-03-31 9730088 2023-08-31 9730088 2024-03-31 9730088 2023-09-01 2024-03-31 9730088 frs-core:CurrentFinancialInstruments 2024-03-31 9730088 frs-core:Non-currentFinancialInstruments 2024-03-31 9730088 frs-core:ShareCapital 2024-03-31 9730088 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 9730088
Get Out Events Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
DN Accounting Solutions
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 9730088
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,563 15,522
Investments 5 137 137
22,700 15,659
CURRENT ASSETS
Debtors 6 41,767 37,467
Cash at bank and in hand 561 7,008
42,328 44,475
Creditors: Amounts Falling Due Within One Year 7 (34,430 ) (21,515 )
NET CURRENT ASSETS (LIABILITIES) 7,898 22,960
TOTAL ASSETS LESS CURRENT LIABILITIES 30,598 38,619
Creditors: Amounts Falling Due After More Than One Year 8 (581 ) (4,069 )
NET ASSETS 30,017 34,550
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 30,016 34,549
SHAREHOLDERS' FUNDS 30,017 34,550
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 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 Llyr Roberts
Director
24/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Get Out Events Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 9730088 . The registered office is 3 Llwyn Yr Eos, Carmarthen, SA31 3GH.
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 stated at cost less depreciation. 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
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 33% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was:
31 March 2025 31 March 2024
Sales, marketing and distribution 3 4
3 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 48,190 912 4,627 53,729
Additions 14,374 250 - 14,624
As at 31 March 2025 62,564 1,162 4,627 68,353
Depreciation
As at 1 April 2024 33,090 653 4,464 38,207
Provided during the period 7,369 51 163 7,583
As at 31 March 2025 40,459 704 4,627 45,790
Net Book Value
As at 31 March 2025 22,105 458 - 22,563
As at 1 April 2024 15,100 259 163 15,522
5. Investments
Listed
£
Cost
As at 1 April 2024 176
As at 31 March 2025 176
Provision
As at 1 April 2024 39
As at 31 March 2025 39
Net Book Value
As at 31 March 2025 137
As at 1 April 2024 137
Page 4
Page 5
6. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Prepayments and accrued income 1,167 1,167
Due after more than one year
Amounts owed by other participating interests 40,600 36,300
41,767 37,467
The loan of £40.6k is to Cwtsh Hostel Ltd of whom Mr L Roberts is director and sole shareholder. The loan is an interest free loan due for repayment in 10 years.
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Trade creditors - 23
Bank loans and overdrafts 3,488 3,488
Other loans 6,345 -
Corporation tax - 6,162
VAT 6,565 2,975
Other creditors 4,997 5,485
Accruals and deferred income 275 275
Director's loan account 260 3,107
Amounts owed to related parties 12,500 -
34,430 21,515
The loan of £12,500 is from LFR Design Ltd of whom Mr L Roberts is director and sole shareholder. The loan is an interest free loan due for repayment in 10 years.
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 March 2024
£ £
Bank loans 581 4,069
9. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 1 1
Page 5