Moriarty Event Planning & Design Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

1. General Information

Moriarty Event Planning & Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10494143 . The registered office is 41 Cloudesdale Road, London, SW17 8ET.

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 measured at cost less accumulated depreciation and any accumulated impairment losses. 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	33% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	33% on cost

2.4. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to the profit and loss account on a straight line basis over the lease term.

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 years 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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Moriarty Event Planning & Design Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less any provision for impairment. A provision for impairment of trade debtors is recognised when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivable.

2.7. Trade creditors

Trade creditors are obligations to pay for goods or services acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, the liabilities are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2.8. Share options

The fair value of employee share options is calculated when they are granted using a Black-Scholes model . The resulting cost is charged in the Income Statement, as an employee benefit expense, over the vesting period of the option together with a corresponding increase in equity. The cumulative expense recognised is the company's best estimate of the number of equity instruments that will ultimately vest. The expense or credit in the Income Statement for a period represents the movement in cumulative expense recognised as at the beginning and end of that period.

Service and non-service performance conditions are not taken into account when determining the grant date fair value of awards, but the likelihood of the conditions being met is assessed as part of the company's best estimate of the number of equity instruments that will ultimately vest. Market performance conditions are reflected within the grant date fair value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2024: 8)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	1,349	2,139	13,790	17,278
Additions	-	1,058	4,970	6,028
Disposals	-	(485 )	(7,002 )	(7,487 )

As at 31 December 2025	1,349	2,712	11,758	15,819

Depreciation
As at 1 January 2025	1,349	2,139	10,712	14,200
Provided during the period	-	22	2,645	2,667
Disposals	-	(485 )	(7,002 )	(7,487 )

As at 31 December 2025	1,349	1,676	6,355	9,380

Net Book Value
As at 31 December 2025	-	1,036	5,403	6,439

As at 1 January 2025	-	-	3,078	3,078

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Moriarty Event Planning & Design Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	376,356	14,181
Other debtors	114,490	8,401

	490,846	22,582

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	120,224	9,600
Other loans	141,849	141,849
Other creditors	617,690	159,134
Taxation and social security	73,278	56,462

	953,041	367,045

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	134,200	67,797

	134,200	67,797

9. Related Party Transactions

The company received a loan from a shareholder. At the year end, the balance outstanding was £141,849 (2024: £141,849).

The loan is unsecured, interest-free and repayable on demand.

10. Share-based payment transactions

During the prior year, the company entered into share option arrangements with a director and an employee. These arrangements are measured at the fair value of the share options at the grant date and charged to profit or loss on a straight-line basis over the vesting period, with a corresponding credit to the share option reserve within equity.

Where the vesting of options is conditional upon continued service, the expense is recognised over the period from the grant date to the vesting date. If the options are not expected to vest, no expense is recognised.

During the year, both the director and employee left the company and a reversal of the share option expense of £25,000 was recognised to reflect service conditions not satisifed (2024: share option expense recognised of £35,000).

One fully vested share option remains at the balance sheet date, and a share option expense of £5,582 has been recognised, to give a share option reserve at 31 December 2025 of £15,582 (2024: £35,000) which is the estimated value of this share option.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,439		3,078

			6,439		3,078
CURRENT ASSETS
Debtors	5	490,846		22,582
Cash at bank and in hand		648,511		462,145

		1,139,357		484,727
Creditors: Amounts Falling Due Within One Year	6	(953,041 )		(367,045 )

NET CURRENT ASSETS (LIABILITIES)			186,316		117,682

TOTAL ASSETS LESS CURRENT LIABILITIES			192,755		120,760

NET ASSETS			192,755		120,760

CAPITAL AND RESERVES
Called up share capital	7		100		100
Other reserves			15,582		35,000
Profit and Loss Account			177,073		85,660

SHAREHOLDERS' FUNDS			192,755		120,760