Errae Events Limited

Unaudited Financial Statements
for the period ended 31 October 2025

Company registration number 16020932

(England and Wales)

Statement of Financial Position

As at 31 October 2025

Notes

2025

£

Current assets

Cash at bank and in hand

400

Creditors

Amounts falling due within one year

4

(48,049)

Net current assets (liabilities)

(47,649)

Total assets less current liabilities

(47,649)

Net assets (liabilities)

(47,649)

Capital and reserves

Called up share capital

1

Profit and loss account

(47,650)

Total equity

(47,649)

The company is a private company limited by shares and registered in England and Wales. It 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 financial statements.

The financial statements have been prepared in accordance with the special 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) of the Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 24 June 2026 and are signed on its behalf by:

Charles, David Shaun

Director

Company registration number 16020932

Notes to the Financial Statements

For the period 16 October 2024 to 31 October 2025

1. 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 are presented in sterling and this is the functional currency of the company.

2. Accounting policies

2.1. Basis of preparation

The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.

2.2. Going concern

Subsequent to the balance sheet date, the directors made a formal decision to cease trading and initiate the orderly winding up of the company. This decision was taken after an organised event failed to secure sufficient ticket sales, resulting in its cancellation. Following this decision, refunds were offered to customers, but the company remained legally liable for non-refundable venue hire and artist contract costs. These irrecoverable costs exhausted the company's operating capital, forcing the cessation of trade. Consequently, the financial statements have been prepared on a basis other than that of a going concern. Full provision has been made within creditors for the ticket refunds and outstanding contractual liabilities. As the company held no assets at the balance sheet date, no adjustments to asset carrying values were required.

3. Employees

The average number of employees during the year was 1.

4. Creditors due within one year

2025

£

Other creditors

39,499

Accruals and deferred income

8,550

Total

48,049

At the statement of financial position date, the company had received the following unsecured, interest-free loans:

Amount loaned to the Company by the director: £19,749

Amount loaned to the Company by the director's spouse: £19,750

These funds were injected wholly for the purposes of the Company's trade

5. Post balance sheet events

Between the statement of financial position date and the date of approval of these financial statements, additional unsecured, interest-free loans were received, increasing the total amount owed to related and third parties to £47,395:

Balance of amount owed to director: £19,196.70

Balance of amount owed to director's spouse: £23,197.91

Balance of amount owed to others: £5,000

These funds were injected specifically to facilitate customer ticket refunds and settle remaining event liabilities.

Registered office	The Hive
	Coronation Road
	Woodhall Spa
	LN10 6QD

Accountant	Electric Accountancy
	Woodland Drive No 59
	Woodhall Spa
	England
	LN10 6YG