P-R Event Productions Ltd - Filleted accounts

Registered number

07360191

P-R Event Productions Ltd

Unaudited Filleted Accounts

31 March 2026

P-R Event Productions Ltd
Registered number:		07360191
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		117,799			149,837

Current assets
Debtors	4	758,581			679,700
Cash at bank and in hand		458,751			549,979
		1,217,332			1,229,679

Creditors: amounts falling due within one year	5	(160,514)			(155,590)

Net current assets			1,056,818			1,074,089

Total assets less current liabilities			1,174,617			1,223,926


Provisions for liabilities			(29,449)			(37,458)


Net assets			1,145,168			1,186,468

Capital and reserves
Called up share capital			2			2
Profit and loss account			1,145,166			1,186,466

Shareholders' funds			1,145,168			1,186,468

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.




R C Tarling - Toley
Director
Approved by the board on 19 October 2026

P-R Event Productions Ltd
Notes to the Accounts
for the year ended 31 March 2026


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. 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.

	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, machinery and office equipment			20% reducing balance
	Motor vehicles			25% reducing balance


	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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

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


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					3		2


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2025			416,468		83,585		500,053
	Disposals			-		(4,995)		(4,995)
	At 31 March 2026			416,468		78,590		495,058

	Depreciation
	At 1 April 2025			299,925		50,291		350,216
	Charge for the year			23,308		8,188		31,496
	On disposals			-		(4,453)		(4,453)
	At 31 March 2026			323,233		54,026		377,259

	Net book value
	At 31 March 2026			93,235		24,564		117,799
	At 31 March 2025			116,543		33,294		149,837


4	Debtors					2026		2025
£							£

	Trade debtors					74,148		116,346
	Director's loan					513,924		423,461
	Other debtors					170,509		139,893
						758,581		679,700


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Director's loan					5		5
	Taxation and social security costs					159,975		155,080
	Other creditors					534		505
						160,514		155,590


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	P L Tarling - Toley
	Loan 1	85,088		-		-		85,088
	Loan 2	-						-
	Loan 3	30,034		-		-		30,034
	Loan 4	19,497		-		-		19,497
	Loan 5	20,793		-		-		20,793
	Loan 6	44,569		-		(44,569)		-
	Loan 7			89,801				89,801

	R Tarling - Toley
	Loan 1	85,088		-		-		85,088
	Loan 2	-						-
	Loan 3	53,533		-		-		53,533
	Loan 4	19,497		-		-		19,497
	Loan 5	20,793		-		-		20,793
	Loan 6	44,569		-		(44,569)		-
	Loan 7			89,801				89,801

		423,461		179,602		(89,138)		513,925


7	Controlling party

	The controlling party are the directors'.


8	Other information

	P-R Event Productions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Coach House
	1a Chapel Hill
	Islip
	Northants
	NN14 3JP