Outsourced Events Ltd - Filleted accounts

Registered number

04243766

Outsourced Events Ltd

Filleted Accounts

31 March 2025

Outsourced Events Ltd
Registered number:		04243766
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		77,605			94,937
Investments	4		200			200
			77,805			95,137

Current assets
Debtors	5	1,902,864			921,162
Cash at bank and in hand		3,582,774			4,367,045
		5,485,638			5,288,207

Creditors: amounts falling due within one year	6	(3,597,014)			(3,483,227)

Net current assets			1,888,624			1,804,980

Net assets			1,966,429			1,900,117

Capital and reserves
Called up share capital			106			106
Profit and loss account			1,966,323			1,900,011

Shareholders' funds			1,966,429			1,900,117

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Denise Sharpe
Director
Approved by the board on 29 December 2025

Outsourced Events Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes provided to customers as principal. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. In accordance with FRS 102, amounts supplied by the company as agent are not included in turnover.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			- 3 years
	Software			- 3 years
	Property Improvements			- 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					38		35


3	Tangible fixed assets
		Print in Demand		Plant and machinery etc		Software		Total
£			£		£		£
	Cost
	At 1 April 2024	26,444		215,258		55,811		297,513
	Additions	2,383		17,012		17,271		36,666
	At 31 March 2025	28,827		232,270		73,082		334,179

	Depreciation
	At 1 April 2024	16,543		171,104		14,929		202,576
	Charge for the year	8,976		28,960		16,062		53,998
	At 31 March 2025	25,519		200,064		30,991		256,574

	Net book value
	At 31 March 2025	3,308		32,206		42,091		77,605
	At 31 March 2024	9,901		44,154		40,882		94,937


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024							200

	At 31 March 2025							200


5	Debtors					2025		2024
£							£

	Trade debtors					1,794,703		780,327
	Other debtors					108,161		140,835
						1,902,864		921,162


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,562,136		766,060
	Amounts owed to group undertakings and undertakings in which the company has a participating interest					200		200
	Taxation and social security costs					305,658		301,237
	Payments on account					1,471,671		1,982,436
	Other creditors					257,349		433,294
						3,597,014		3,483,227


7	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					66,351		98,355


8	Controlling party

	The company was under the control of Denise Sharpe throughout the current and previous period. Denise Sharpe is the managing director and major shareholder.


9	Other information

	Outsourced Events Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	One Lyric Square
	1 Lyric Square
	London
	W6 0NB