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core:Vehicles 2024-02-29 2025-02-28 11815498 core:FurnitureFittings 2024-02-29 2025-02-28 11815498 core:OfficeEquipment 2024-02-29 2025-02-28 11815498 core:NetGoodwill 2024-02-29 2025-02-28 11815498 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 2025-02-28 11815498 core:ListedExchangeTraded 2024-02-29 2025-02-28 11815498 core:UnlistedNon-exchangeTraded 2024-02-29 2025-02-28 11815498 core:MoreThanFiveYears 2024-02-29 2025-02-28 11815498 core:Non-currentFinancialInstruments 2025-02-28 11815498 core:Non-currentFinancialInstruments 2024-02-28 11815498 dpl:CostSales 2024-02-29 2025-02-28 11815498 dpl:DistributionCosts 2024-02-29 2025-02-28 11815498 core:LandBuildings 2024-02-29 2025-02-28 11815498 core:PlantMachinery 2024-02-29 2025-02-28 11815498 core:Vehicles 2024-02-29 2025-02-28 11815498 core:FurnitureFittings 2024-02-29 2025-02-28 11815498 core:OfficeEquipment 2024-02-29 2025-02-28 11815498 dpl:AdministrativeExpenses 2024-02-29 2025-02-28 11815498 core:NetGoodwill 2024-02-29 2025-02-28 11815498 core:IntangibleAssetsOtherThanGoodwill 2024-02-29 2025-02-28 11815498 dpl:GroupUndertakings 2024-02-29 2025-02-28 11815498 dpl:ParticipatingInterests 2024-02-29 2025-02-28 11815498 dpl:GroupUndertakings core:ListedExchangeTraded 2024-02-29 2025-02-28 11815498 core:ListedExchangeTraded 2024-02-29 2025-02-28 11815498 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-02-29 2025-02-28 11815498 core:UnlistedNon-exchangeTraded 2024-02-29 2025-02-28 11815498 dpl:CostSales 2023-03-01 2024-02-28 11815498 dpl:DistributionCosts 2023-03-01 2024-02-28 11815498 core:LandBuildings 2023-03-01 2024-02-28 11815498 core:PlantMachinery 2023-03-01 2024-02-28 11815498 core:Vehicles 2023-03-01 2024-02-28 11815498 core:FurnitureFittings 2023-03-01 2024-02-28 11815498 core:OfficeEquipment 2023-03-01 2024-02-28 11815498 dpl:AdministrativeExpenses 2023-03-01 2024-02-28 11815498 core:NetGoodwill 2023-03-01 2024-02-28 11815498 core:IntangibleAssetsOtherThanGoodwill 2023-03-01 2024-02-28 11815498 dpl:GroupUndertakings 2023-03-01 2024-02-28 11815498 dpl:ParticipatingInterests 2023-03-01 2024-02-28 11815498 dpl:GroupUndertakings core:ListedExchangeTraded 2023-03-01 2024-02-28 11815498 core:ListedExchangeTraded 2023-03-01 2024-02-28 11815498 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-28 11815498 core:UnlistedNon-exchangeTraded 2023-03-01 2024-02-28 11815498 core:NetGoodwill 2025-02-28 11815498 core:IntangibleAssetsOtherThanGoodwill 2025-02-28 11815498 core:LandBuildings 2025-02-28 11815498 core:PlantMachinery 2025-02-28 11815498 core:Vehicles 2025-02-28 11815498 core:FurnitureFittings 2025-02-28 11815498 core:OfficeEquipment 2025-02-28 11815498 core:AfterOneYear 2025-02-28 11815498 core:WithinOneYear 2025-02-28 11815498 core:ListedExchangeTraded 2025-02-28 11815498 core:UnlistedNon-exchangeTraded 2025-02-28 11815498 core:ShareCapital 2025-02-28 11815498 core:SharePremium 2025-02-28 11815498 core:RevaluationReserve 2025-02-28 11815498 core:OtherReservesSubtotal 2025-02-28 11815498 core:RetainedEarningsAccumulatedLosses 2025-02-28 11815498 core:NetGoodwill 2024-02-28 11815498 core:IntangibleAssetsOtherThanGoodwill 2024-02-28 11815498 core:LandBuildings 2024-02-28 11815498 core:PlantMachinery 2024-02-28 11815498 core:Vehicles 2024-02-28 11815498 core:FurnitureFittings 2024-02-28 11815498 core:OfficeEquipment 2024-02-28 11815498 core:AfterOneYear 2024-02-28 11815498 core:WithinOneYear 2024-02-28 11815498 core:ListedExchangeTraded 2024-02-28 11815498 core:UnlistedNon-exchangeTraded 2024-02-28 11815498 core:ShareCapital 2024-02-28 11815498 core:SharePremium 2024-02-28 11815498 core:RevaluationReserve 2024-02-28 11815498 core:OtherReservesSubtotal 2024-02-28 11815498 core:RetainedEarningsAccumulatedLosses 2024-02-28 11815498 core:NetGoodwill 2023-02-28 11815498 core:IntangibleAssetsOtherThanGoodwill 2023-02-28 11815498 core:LandBuildings 2023-02-28 11815498 core:PlantMachinery 2023-02-28 11815498 core:Vehicles 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core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-02-28 11815498 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-02-28 11815498 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-02-28 11815498 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-02-28 11815498 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-02-28 11815498 bus:Director1 2024-02-29 2025-02-28

TIME OFF EVENTS LIMITED

Registered Number
11815498
(England and Wales)

Unaudited Financial Statements for the Period ended
28 February 2025

TIME OFF EVENTS LIMITED
Company Information
for the period from 29 February 2024 to 28 February 2025

Director | Mr M Smith-Halvorsen

Registered Address | Copthorne Stud Effingham Road
| Copthorne
| Crawley
| RH10 3HY

Registered Number | 11815498 (England and Wales)

TIME OFF EVENTS LIMITED
Balance Sheet as at
28 February 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 7,380 |  |  |  | 4,630
Tangible assets | 4 |  |  | 127,486 |  |  |  | 136,189
|  |  |  | 134,866 |  |  |  | 140,819
Current assets |  |  |  |  |  |  |  |
Debtors | 5 | 3,799 |  |  |  | 7,246 |  |
Cash at bank and on hand |  | 818 |  |  |  | 658 |  |
|  | 4,617 |  |  |  | 7,904 |  |
Creditors amounts falling due within one year | 6 | (710,859) |  |  |  | (668,872) |  |
Net current assets (liabilities) |  |  |  | (706,242) |  |  |  | (660,968)
Total assets less current liabilities |  |  |  | (571,376) |  |  |  | (520,149)
Creditors amounts falling due after one year | 7 |  |  | (4,370) |  |  |  | (10,197)
Net assets |  |  |  | (575,746) |  |  |  | (530,346)
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  | (575,846) |  |  |  | (530,446)
Shareholders' funds |  |  |  | (575,746) |  |  |  | (530,346)

- The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 February 2026, and are signed on its behalf by:
Mr M Smith-Halvorsen Director Registered Company No. 11815498

TIME OFF EVENTS LIMITED
Notes to the Financial Statements
for the period ended 28 February 2025

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. The financial statements report the financial results only of the company and are presented in Sterling (£).

| Statement of compliance
--- | ---
| The financial statements have been prepared in compliance with Section 1A of Financial Reporting Standard 102 and Companies Act 2006 as these apply to the financial statements for the period and there were no material departures from the reporting standard.

| Basis of preparation
--- | ---
| The financial statements have been prepared in compliance with Section 1A of Financial Reporting Standard 102 and Companies Act 2006 as these apply to the financial statements for the period and there were no material departures from the reporting standard.

| Going concern
--- | ---
| The financial statements have been prepared on a going concern basis notwithstanding the fact that the company has a deficiency on total equity at the end of the year. The director considers this basis to be appropriate as the company has sufficient facilities available from its shareholder to fund its working capital requirement for a period of at least twelve months for the date these financial statements were approved.

| Revenue from rendering of services
--- | ---
| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Rental income is recognised on an accruals basis in the period in which it is earned, in accordance with the terms of the agreement. Revenue from other sources is recognised at point of sale.

| Borrowing costs
--- | ---
| All borrowing costs are recognised in profit or loss in the year in which they are incurred.

| Finance costs
--- | ---
| Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

| Intangible assets
--- | ---
| Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed annually for impairment. Amortisation is included in 'administrative expenses' in the profit and loss account.

| Tangible fixed assets and depreciation
--- | ---
| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on all tangible fixed assets as follows:

|  | Straight line (years)
| Land and buildings | 20
| Plant and machinery | 5
| Office Equipment | 5

| Financial instruments
--- | ---
| Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial assets, including trade and other debtors, and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment. Basic financial liabilities, including trade and other creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently carried at amortised cost, using the effective interest method. Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment. If evidence of impairment is found, an impairment loss is recognised in the profit and loss account. Financial assets are derecognised when (i) the contractual rights to the cashflows from the asset expire or are settled, or (ii) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (iii) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Share capital
--- | ---
| Ordinary shares are classified as equity.

2. | Average number of employees
--- | ---
| The average number of employees include directors.

|  | 2025 |  | 2024
| Average number of employees during the year | 1 |  | 1

3. | Intangible assets
--- | ---

|  | Other |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 29 February 24 | 5,664 |  | 5,664
| Additions | 4,850 |  | 4,850
| At 28 February 25 | 10,514 |  | 10,514
| Amortisation and impairment
| At 29 February 24 | 1,034 |  | 1,034
| Charge for year | 2,100 |  | 2,100
| At 28 February 25 | 3,134 |  | 3,134
| Net book value
| At 28 February 25 | 7,380 |  | 7,380
| At 28 February 24 | 4,630 |  | 4,630

4. | Tangible fixed assets
--- | ---

|  | Land & buildings |  | Plant & machinery |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
| Cost or valuation
| At 29 February 24 | 135,461 |  | - |  | 14,681 |  | 150,142
| Additions | - |  | 1,317 |  | - |  | 1,317
| At 28 February 25 | 135,461 |  | 1,317 |  | 14,681 |  | 151,459
| Depreciation and impairment
| At 29 February 24 | 6,621 |  | - |  | 7,332 |  | 13,953
| Charge for year | 6,805 |  | 264 |  | 2,960 |  | 10,029
| On disposals | - |  | - |  | (9) |  | (9)
| At 28 February 25 | 13,426 |  | 264 |  | 10,283 |  | 23,973
| Net book value
| At 28 February 25 | 122,035 |  | 1,053 |  | 4,398 |  | 127,486
| At 28 February 24 | 128,840 |  | - |  | 7,349 |  | 136,189

5. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | - |  | 2,823
| Prepayments and accrued income | 3,799 |  | 4,423
| Total | 3,799 |  | 7,246

6. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 3,076 |  | 749
| Bank borrowings and overdrafts | 5,827 |  | 5,827
| Taxation and social security | 1,439 |  | 2,390
| Other creditors | 696,266 |  | 655,365
| Accrued liabilities and deferred income | 4,251 |  | 4,541
| Total | 710,859 |  | 668,872

| Bank loans shown above are guaranteed by the UK Government under BBLS.

7. | Creditors: amounts due after one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 4,370 |  | 10,197
| Total | 4,370 |  | 10,197

| Bank loans shown above are guaranteed by the UK Government under BBLS.