Add to Event Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09342225

Add to Event Limited

Filleted Unaudited Financial Statements

31 March 2025

Add to Event Limited

Financial Statements

Period from 1 January 2024 to 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Add to Event Limited

Statement of Financial Position

31 March 2025

	31 Mar 25	31 Dec 23
Note	£	£

Fixed assets

Intangible assets	5	766,340	411,272
Tangible assets	6	6,908	14,303
		---------	---------
		773,248	425,575

Current assets

Debtors	7	47,620	13,402
Cash at bank and in hand		358,622	558,817
		---------	---------
		406,242	572,219

Creditors: amounts falling due within one year	8	366,963	148,173
		---------	---------
Net current assets		39,279	424,046
		---------	---------
Total assets less current liabilities		812,527	849,621

Provisions	1,728	3,400
	---------	---------
Net assets	810,799	846,221
	---------	---------

Capital and reserves

Called up share capital	1,461	1,400
Share premium account	4,017,702	3,852,828
Profit and loss account	( 3,208,364)	( 3,008,007)
	------------	------------
Shareholders funds	810,799	846,221
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Add to Event Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 17 December 2025 , and are signed on behalf of the board by:

Mr B Maughan

Director

Company registration number: 09342225

Add to Event Limited

Notes to the Financial Statements

Period from 1 January 2024 to 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, CT1 3DN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis which relies upon the continuing support of the investors.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Development costs	-	7 Years Straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met: - It is technically feasible to complete the intangible asset so that it will be available for use or sale; - There is the intention to complete the intangible asset and use or sell it; - There is the ability to use or sell the intangible asset; - The use or sale of the intangible asset will generate probable future economic benefits; - There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and - The expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant, machinery and equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 11 (2023: 15 ).

5. Intangible assets

	Development costs
	£
Cost
At 1 January 2024	441,416
Additions	476,568
	---------
At 31 March 2025	917,984
	---------
Amortisation
At 1 January 2024	30,144
Charge for the period	121,500
	---------
At 31 March 2025	151,644
	---------
Carrying amount
At 31 March 2025	766,340
	---------
At 31 December 2023	411,272
	---------

6. Tangible assets

	Plant, machinery and equipment
	£
Cost
At 1 January 2024	35,553
Additions	1,482
	--------
At 31 March 2025	37,035
	--------
Depreciation
At 1 January 2024	21,250
Charge for the period	8,877
	--------
At 31 March 2025	30,127
	--------
Carrying amount
At 31 March 2025	6,908
	--------
At 31 December 2023	14,303
	--------

7. Debtors

	31 Mar 25	31 Dec 23
	£	£
Other debtors	47,620	13,402
	--------	--------

8. Creditors: amounts falling due within one year

	31 Mar 25	31 Dec 23
	£	£
Trade creditors	165,493	48,731
Social security and other taxes	186,602	82,763
Other creditors	14,868	16,679
	---------	---------
	366,963	148,173
	---------	---------

9. Change of accounting reference date

The company has changed its financial year end from 31 December to 31 March. As a result, these accounts cover a 15-month period from 1 January 2024 to 31 March 2025. The change was made to better align the company's reporting cycle with its internal processes and the seasonality of its operations.