Events
What each event is worth, what it has already committed, and what the group is holding for events that have not happened yet.
A client advance is a liability until the event is delivered, not revenue. That is the whole discipline of this screen: an events business that books advances as income reports a good year and then finds it cannot pay for the events it has already been paid for.
Committed cost is everything the event is bound to, whether or not it has been invoiced; actual cost is the part of it already invoiced and posted. So the margin is the contract less the commitment, and the actual stands beside it as the part of that already spent.
An event is delivered here if its date has passed at 31 Aug 2026, the period this screen reports — not at the moment the page is opened. The register holds a date and no delivery note, so this is the calendar’s answer rather than the event’s: either it happened and the income should be taken, or it did not and the money is owed back, and the two are settled by different entries.
The events register holds no period of its own — an event is a row with a date on it, and the register stands as it stood when it was read, 12 Oct 2026. What the month in the bar decides is the strip, and which events count as delivered: 31 Aug 2026.
The event register of Sixteen Frames Live, read from the register; the monthly summary from Tally Prime; and what the books have taken to income against an event from the event ledger. Every figure on this screen opens its own workings.
5 reads were made for this screen and every one answered.
The screen is built to say the same money twice. Operations sees an order book, money in the bank and a margin it expects to make. The balance sheet sees a liability, some work in progress and nothing at all in profit. Neither reading is wrong and neither is sufficient — a reader given only the first thinks the year is made, and a reader given only the second cannot see what the year is made of.
The register says so three ways. Every delivered event carries a committed cost exactly equal to its actual: if a commitment were money still to be spent beside what has been spent, a delivered event would carry nothing committed rather than the same figure twice. Actual never exceeds committed on any row. And the books hold the actual and nothing of the committed — the vendor bills post to the event’s direct cost account and there is no ledger entry for a commitment at all, which is what a commitment is.
An inclusive reading can be wrong on books this application has not seen, so it is tested rather than assumed: an event whose spend runs past its commitment is a finding — either a commitment nobody recorded, or two figures that are not the same kind of thing — and it is said rather than absorbed into a margin nobody can check.
The events table is the chooser: an event’s name opens it in the cancellation panel, by ?event= in the address. Where the address names none the screen opens on the thinnest margin among the events still to come, falling back to the largest contract — Corporate offsite — Munnar here.
The state column is the register’s own word — quoted, in build, on plan, margin risk, advance unsecured, delivered — and nothing here derives a state from the figures. What is derived is whether the word and the calendar agree.
Aug 2026 against Aug 2025, Sixteen Frames Live, in its own currency. Read from the monthly summary, which is the same source as the statements. Twelve months to Aug 2026 beneath each figure.
The register below is not this. The books hold what has been invoiced and posted; the register holds a forward book of 8 events, most of which the books have not met yet. Nothing on this screen adds one to the other.
The events register holds no period of its own — an event is a row with a date on it, and the register stands as it stood when it was read, 12 Oct 2026. What the month in the bar decides is the strip, and which events count as delivered: 31 Aug 2026.
The monthly summary of Sixteen Frames Live, Aug 2026, read from Tally Prime. The same figures as the statements.
Five figures, in the order an accountant reads them: revenue, expenses, gross profit, EBITDA and profit before tax. The strip is the company’s month, as the statements state it, and nothing on the screen restates a figure the strip states.
A client advance is a liability until the event is delivered, not revenue. That is the whole discipline of this screen: an events business that books advances as income reports a good year and then finds it cannot pay for the events it has already been paid for.
Against the month before — the last month each figure was posted in — rather than the same month a year earlier, which is the movement on the tile.
- Revenue · 0.0%
- Expenses · −9.4%
- Gross profit · +61%
- EBITDA · +39%
- Profit before tax · +36%
- Advance held on a delivered eventSixteen Frames Live · 6 of 6 delivered · 8,68,80,000 heldINR
- Work committed without a signed contractSixteen Frames Live · Onam music festival — Thrissur, Corporate offsite — Munnar · 1,76,30,000 committedINR
- Books disagree with the registerSixteen Frames Live · Onam music festival — Thrissur · books 55,52,857 · register 59,80,000(4,27,143)INR
- Books disagree with the registerSixteen Frames Live · Corporate offsite — Munnar · books 6,28,571 · register 8,80,000(2,51,429)INR
- Spent more than the client advancedSixteen Frames Live · Onam music festival — Thrissur · advance 45,90,000 · spent 59,80,000INR
- No event over its contractSixteen Frames Live · 8 events · commitment against contractclear
Ranked adverse first, then watch, then the tests that came back clean; within a class by the finding’s figure as a share of the company’s revenue for the period, largest first. A balance sheet that does not tie, or a company no rate is held for, outranks any share.
One company, so every row is an event Sixteen Frames Live’s register holds. Within a class the rows rank by the finding’s figure as a share of Sixteen Frames Live’s revenue for Aug 2026.
An event is delivered here if its date has passed at 31 Aug 2026, the period this screen reports — not at the moment the page is opened. The register holds a date and no delivery note, so this is the calendar’s answer rather than the event’s: either it happened and the income should be taken, or it did not and the money is owed back, and the two are settled by different entries.
The events register holds no period of its own — an event is a row with a date on it, and the register stands as it stood when it was read, 12 Oct 2026. What the month in the bar decides is the strip, and which events count as delivered: 31 Aug 2026.
Tested for Aug 2026: every event’s commitment against what the client contracted to pay; every event’s spend against its own commitment, which is the control on reading the spend as inside it; every event for a signed contract, and what is committed against one that is not; every event whose date had passed at 31 Aug 2026, for an advance still held against it; and what the books have posted as cost against each event, against what the register says it has spent. Not tested: what the books have taken to income against an event that has not happened. No income line in these books carries an event, so a nil there would be the absence of the tag rather than the treatment holding, and the question is a data one rather than a finding. Adverse, then watch, then clear; within a class by the finding’s figure as a share of Sixteen Frames Live’s revenue for the period.
An unsigned contract binds nobody. What has been committed and spent against it binds this company to its vendors.
Six rows at most, in two columns, adverse first: what needs acting on before what needs watching, and a clear row only where a test ran and found nothing. The rest is under Data quality at the foot of the screen, so the face never grows past what a reader can act on in a glance.
Work committed without a signed contract · Sixteen Frames Live · 50.0% of Sixteen Frames Live’s revenue for Aug 2026. 1,76,30,000 is committed against 2 contracts that are not signed. Those costs are owed to vendors under agreements that stand on their own, so a client who walks away leaves them behind.
Advance held on a delivered event · Sixteen Frames Live · 246.5% of Sixteen Frames Live’s revenue for Aug 2026. 8,68,80,000 is still shown as held against 6 events whose date has passed at 31 Aug 2026. Either the event happened and the income was never taken, or it did not and the money is owed back — and the two are settled by different entries.
Spent more than the client advanced · Sixteen Frames Live · 3.9% of Sixteen Frames Live’s revenue for Aug 2026. 59,80,000 has gone to vendors on Onam music festival — Thrissur against 45,90,000 the client has paid in, 13,90,000 of the company’s own money funding an event that has not happened.
Books disagree with the register · Sixteen Frames Live · 1.2% of Sixteen Frames Live’s revenue for Aug 2026. The ledger has posted 55,52,857 of cost against Onam music festival — Thrissur and the register says 59,80,000 has been spent on it, (4,27,143) apart. One of the two is behind the other, and which it is decides whether the margin on the face is stated on a commitment the books have not yet seen or on a spend the register has not recorded.
Books disagree with the register · Sixteen Frames Live · 0.71% of Sixteen Frames Live’s revenue for Aug 2026. The ledger has posted 6,28,571 of cost against Corporate offsite — Munnar and the register says 8,80,000 has been spent on it, (2,51,429) apart. One of the two is behind the other, and which it is decides whether the margin on the face is stated on a commitment the books have not yet seen or on a spend the register has not recorded.
| Event | ContractINR lakh | Advance heldINR lakh | CommittedINR lakh | Of which spentINR lakh | MarginINR lakh | Of contract% | State |
|---|---|---|---|---|---|---|---|
| a | b | a−b | |||||
| Onam music festival — Thrissur not signed6 Sept 2026 · still to come | 15% | advance unsecured | |||||
| Corporate offsite — Munnar not signed · chosen19 Sept 2026 · still to come | 32% | quoted | |||||
| Private wedding — Kumarakom30 Aug 2026 | 31% | on planits date has passed and the register does not call it delivered | |||||
| Consumer brand launch — Kochi22 Aug 2026 | 15% | margin riskits date has passed and the register does not call it delivered | |||||
| Bank annual conference — Kochi14 Aug 2026 | 24% | in buildits date has passed and the register does not call it delivered | |||||
| Tech summit — Infopark11 Jul 2026 | 25% | delivered | |||||
| Film awards night — Kochi20 Jun 2026 | 20% | delivered | |||||
| Concert tour — three cities15 May 2026 | 18% | delivered | |||||
| Sixteen Frames Live8 events · 2 still to come | 22% | 2 unsigned |
One row an event: what the client pays, what has been paid ahead, what the event is bound to, how much of that is already spent, and the margin that survives the commitment.
Committed cost is everything the event is bound to, whether or not it has been invoiced; actual cost is the part of it already invoiced and posted. So the margin is the contract less the commitment, and the actual stands beside it as the part of that already spent.
An event is delivered here if its date has passed at 31 Aug 2026, the period this screen reports — not at the moment the page is opened. The register holds a date and no delivery note, so this is the calendar’s answer rather than the event’s: either it happened and the income should be taken, or it did not and the money is owed back, and the two are settled by different entries.
The event register of Sixteen Frames Live, read from Tally Prime.
The reader’s first question is which event, and this is where they choose: a name is an address link, the chosen row says so, and the cancellation panel draws that event. The book is the total row and chooses nothing — an exposure is per event, and a cancellation over eight events at once is a picture of a decision nobody takes.
The register says so three ways. Every delivered event carries a committed cost exactly equal to its actual: if a commitment were money still to be spent beside what has been spent, a delivered event would carry nothing committed rather than the same figure twice. Actual never exceeds committed on any row. And the books hold the actual and nothing of the committed — the vendor bills post to the event’s direct cost account and there is no ledger entry for a commitment at all, which is what a commitment is.
An inclusive reading can be wrong on books this application has not seen, so it is tested rather than assumed: an event whose spend runs past its commitment is a finding — either a commitment nobody recorded, or two figures that are not the same kind of thing — and it is said rather than absorbed into a margin nobody can check.
The state column is the register’s own word — quoted, in build, on plan, margin risk, advance unsecured, delivered — and nothing here derives a state from the figures. What is derived is whether the word and the calendar agree.
Onam music festival — Thrissur, 6 Sept 2026: contract 1,53,00,000 (not signed), committed 1,30,10,000 of which 59,80,000 spent, advance held 45,90,000; margin 22,90,000, 15 per cent of the contract. The register calls it advance unsecured.
Corporate offsite — Munnar, 19 Sept 2026: contract 68,00,000 (not signed), committed 46,20,000 of which 8,80,000 spent, advance held 20,40,000; margin 21,80,000, 32 per cent of the contract. The register calls it quoted.
Private wedding — Kumarakom, 30 Aug 2026: contract 2,40,00,000, committed 1,65,60,000 of which 74,40,000 spent, advance held 1,20,00,000; margin 74,40,000, 31 per cent of the contract. The register calls it on plan — its date has passed and the register does not call it delivered.
Consumer brand launch — Kochi, 22 Aug 2026: contract 96,00,000, committed 81,20,000 of which 41,00,000 spent, advance held 28,80,000; margin 14,80,000, 15 per cent of the contract. The register calls it margin risk — its date has passed and the register does not call it delivered.
Bank annual conference — Kochi, 14 Aug 2026: contract 1,84,00,000, committed 1,39,20,000 of which 1,10,40,000 spent, advance held 92,00,000; margin 44,80,000, 24 per cent of the contract. The register calls it in build — its date has passed and the register does not call it delivered.
Tech summit — Infopark, 11 Jul 2026: contract 1,26,00,000, committed 94,50,000 of which 94,50,000 spent, advance held 1,26,00,000; margin 31,50,000, 25 per cent of the contract. The register calls it delivered.
Film awards night — Kochi, 20 Jun 2026: contract 2,18,00,000, committed 1,74,40,000 of which 1,74,40,000 spent, advance held 2,18,00,000; margin 43,60,000, 20 per cent of the contract. The register calls it delivered.
Concert tour — three cities, 15 May 2026: contract 2,84,00,000, committed 2,33,60,000 of which 2,33,60,000 spent, advance held 2,84,00,000; margin 50,40,000, 18 per cent of the contract. The register calls it delivered.
1,76,30,000 is committed against contracts that are not signed — Onam music festival — Thrissur, Corporate offsite — Munnar. Those costs are owed to vendors under agreements that stand on their own, so a client who walks away leaves them behind. The decision is not whether to chase the signature — it is whether to keep booking vendors before it arrives.
One bar an event: the contract less everything the event is bound to, in the order the events fall due.
Committed cost is everything the event is bound to, whether or not it has been invoiced; actual cost is the part of it already invoiced and posted. So the margin is the contract less the commitment, and the actual stands beside it as the part of that already spent.
The event register of Sixteen Frames Live, read from Tally Prime. Contract value and committed cost, as the register holds them.
The margin an event is expected to make, not what it has made so far: the commitment counts whether or not it has been invoiced, because a vendor booked is a cost incurred whatever the ledger has seen.
An inclusive reading can be wrong on books this application has not seen, so it is tested rather than assumed: an event whose spend runs past its commitment is a finding — either a commitment nobody recorded, or two figures that are not the same kind of thing — and it is said rather than absorbed into a margin nobody can check.
Onam music festival — Thrissur: contract 153 less committed 130 is 23, 15%.
Corporate offsite — Munnar: contract 68 less committed 46 is 22, 32%.
Private wedding — Kumarakom: contract 240 less committed 166 is 74, 31%.
Consumer brand launch — Kochi: contract 96 less committed 81 is 15, 15%.
Bank annual conference — Kochi: contract 184 less committed 139 is 45, 24%.
Tech summit — Infopark: contract 126 less committed 95 is 32, 25%.
Film awards night — Kochi: contract 218 less committed 174 is 44, 20%.
Concert tour — three cities: contract 284 less committed 234 is 50, 18%.
Three bars an event: what the client contracted to pay, what the event is bound to, and the part of that already invoiced.
Committed cost is everything the event is bound to, whether or not it has been invoiced; actual cost is the part of it already invoiced and posted. So the margin is the contract less the commitment, and the actual stands beside it as the part of that already spent.
The event register of Sixteen Frames Live, read from Tally Prime.
The register says so three ways. Every delivered event carries a committed cost exactly equal to its actual: if a commitment were money still to be spent beside what has been spent, a delivered event would carry nothing committed rather than the same figure twice. Actual never exceeds committed on any row. And the books hold the actual and nothing of the committed — the vendor bills post to the event’s direct cost account and there is no ledger entry for a commitment at all, which is what a commitment is.
An inclusive reading can be wrong on books this application has not seen, so it is tested rather than assumed: an event whose spend runs past its commitment is a finding — either a commitment nobody recorded, or two figures that are not the same kind of thing — and it is said rather than absorbed into a margin nobody can check.
Onam music festival — Thrissur: contract 153, committed 130, spent 60 (46% of the commitment).
Corporate offsite — Munnar: contract 68, committed 46, spent 9 (19% of the commitment).
Private wedding — Kumarakom: contract 240, committed 166, spent 74 (45% of the commitment).
Consumer brand launch — Kochi: contract 96, committed 81, spent 41 (50% of the commitment).
Bank annual conference — Kochi: contract 184, committed 139, spent 110 (79% of the commitment).
Tech summit — Infopark: contract 126, committed 95, spent 95 (100% of the commitment).
Film awards night — Kochi: contract 218, committed 174, spent 174 (100% of the commitment).
Concert tour — three cities: contract 284, committed 234, spent 234 (100% of the commitment).
66,30,000 is held across two events still to come. The client has paid and Sixteen Frames Live still owes them the event, so this is a debt and not a takings figure. It becomes income when the event is delivered and not one day before.
One bar an event, in the order the events fall due: how long each amount has still to be carried before it is earned.
An event is delivered here if its date has passed at 31 Aug 2026, the period this screen reports — not at the moment the page is opened. The register holds a date and no delivery note, so this is the calendar’s answer rather than the event’s: either it happened and the income should be taken, or it did not and the money is owed back, and the two are settled by different entries.
6 events — Private wedding — Kumarakom, Consumer brand launch — Kochi, Bank annual conference — Kochi, Tech summit — Infopark, Film awards night — Kochi, Concert tour — three cities — still show an advance held against a date that has already passed, 8,68,80,000 in all, and they are not in the liability above. An event is treated as delivered here because its date has gone by, which is a fact about the calendar rather than about the event. Either it happened and the income was never taken, or it did not and the money is owed back — and the two are settled by different entries.
The event register of Sixteen Frames Live, read from Tally Prime. The advance held against each event, as the register states it.
A client advance is a liability until the event is delivered, not revenue. That is the whole discipline of this screen: an events business that books advances as income reports a good year and then finds it cannot pay for the events it has already been paid for.
Four captions, none of which is a total of the others: an order book, a debt, an asset and a commitment do not add up to anything. What they have in common is that every one of them is money tied to an event that has not happened, and only one of the four is on the balance sheet at all.
Whether any of this has reached the income accounts cannot be read from these books: not one income line carries an event. A nil here would be the absence of the tag rather than the treatment holding, so it is stated as what it is and not tested. Tagging revenue by event is the change that would make it answerable.
Onam music festival — Thrissur, 6 Sept 2026: 46 held, 30% of the contract.
Corporate offsite — Munnar, 19 Sept 2026: 20 held, 30% of the contract.
A further 869 is still shown as held against events whose date has passed, and is in no total above.
Corporate offsite — Munnar, 19 Sept 2026: the client has paid 20 of a contract of 68, and the event is committed to 46 of which 9 has been invoiced.
Cancel today and the group refunds the advance, honours what it is committed to, and keeps whatever of the advance it has not yet spent. The refund and the cash still in hand cancel out, so what cancelling costs is the commitment itself — of which the part already paid is money that has gone and the rest is money that is promised. The advance does not appear in it at all.
That it comes to the same figure in cash and in profit is not a coincidence; it is what follows from the advance never having been income. An events business that had taken those advances to revenue would show this figure twice, once as profit made and once as profit lost.
The event register of Sixteen Frames Live, read from Tally Prime. The advance, the commitment and the spend as the register holds them; the cancellation terms are not held anywhere.
No refund term is recorded against a client advance and no cancellation term against a vendor commitment, so both are assumptions and both are daggered. They are the prudent reading rather than the likely one: a deposit is usually part refundable and a commitment usually part cancellable, and every recovery reduces the figure.
A client advance is a liability until the event is delivered, not revenue. That is the whole discipline of this screen: an events business that books advances as income reports a good year and then finds it cannot pay for the events it has already been paid for.
Onam music festival — Thrissur: cancelling would cost 130, of which 60 has already gone; the advance of 46 goes back with what is left of it.
Corporate offsite — Munnar: cancelling would cost 46, of which 9 has already gone; the advance of 20 goes back with what is left of it.
One bar a month, from May 2026 to Sept 2026: what is contracted to fall in each. A month with no event in it is kept, so a gap in the book reads as a gap rather than as two bars next to each other.
The register’s own dates, not the books’ months: an event is earned on the day it happens, and when the ledger recognised anything about it is a different question this panel does not ask.
The event register of Sixteen Frames Live, read from Tally Prime. The date on each event, as the register holds it.
An events business is a forward book, and the shape of that book is when the work falls. Two events in one month is a month that has to be staffed twice over; a month with nothing in it is a month nobody is being paid for.
An event is delivered here if its date has passed at 31 Aug 2026, the period this screen reports — not at the moment the page is opened. The register holds a date and no delivery note, so this is the calendar’s answer rather than the event’s: either it happened and the income should be taken, or it did not and the money is owed back, and the two are settled by different entries.
May 2026: 1 event, 2,84,00,000 contracted.
Jun 2026: 1 event, 2,18,00,000 contracted.
Jul 2026: 1 event, 1,26,00,000 contracted.
Aug 2026: 3 events, 5,20,00,000 contracted.
Sept 2026: 2 events, 2,21,00,000 contracted.
4 action · 1 watch · 2 clear.
One company, so every row is an event Sixteen Frames Live’s register holds. Within a class the rows rank by the finding’s figure as a share of Sixteen Frames Live’s revenue for Aug 2026.
An event is delivered here if its date has passed at 31 Aug 2026, the period this screen reports — not at the moment the page is opened. The register holds a date and no delivery note, so this is the calendar’s answer rather than the event’s: either it happened and the income should be taken, or it did not and the money is owed back, and the two are settled by different entries.
The events register holds no period of its own — an event is a row with a date on it, and the register stands as it stood when it was read, 12 Oct 2026. What the month in the bar decides is the strip, and which events count as delivered: 31 Aug 2026.
Read from Tally Prime. 5 reads were made for this screen and 5 answered. Every figure on this screen opens its own workings, down to the vouchers behind it.
- The group register · register · answered
- The event register · LIVE · answered
- What has been posted against each event · LIVE · answered
- The monthly summary · LIVE, Aug 2026 and the twelve months to Aug 2026 · answered
- The ledger · the last posting · answered
Tested for Aug 2026: every event’s commitment against what the client contracted to pay; every event’s spend against its own commitment, which is the control on reading the spend as inside it; every event for a signed contract, and what is committed against one that is not; every event whose date had passed at 31 Aug 2026, for an advance still held against it; and what the books have posted as cost against each event, against what the register says it has spent. Not tested: what the books have taken to income against an event that has not happened. No income line in these books carries an event, so a nil there would be the absence of the tag rather than the treatment holding, and the question is a data one rather than a finding. Adverse, then watch, then clear; within a class by the finding’s figure as a share of Sixteen Frames Live’s revenue for the period.
An unsigned contract binds nobody. What has been committed and spent against it binds this company to its vendors.
- Every event’s commitment against what the client contracted to pay · ran, found nothing
- Every event’s spend against its own commitment, which is the control on reading the spend as inside it · ran, found nothing
- Every event for a signed contract, and what is committed against one that is not · ran, found 1
- Every event whose date had passed at 31 Aug 2026, for an advance still held against it, and every event still to come for a spend ahead of what the client has paid · ran, found 2
- What the books have posted against each event, against what the register says it has spent · ran, found 2
Work committed without a signed contract · Sixteen Frames Live · 50.0% of Sixteen Frames Live’s revenue for Aug 2026. 1,76,30,000 is committed against 2 contracts that are not signed. Those costs are owed to vendors under agreements that stand on their own, so a client who walks away leaves them behind.
Advance held on a delivered event · Sixteen Frames Live · 246.5% of Sixteen Frames Live’s revenue for Aug 2026. 8,68,80,000 is still shown as held against 6 events whose date has passed at 31 Aug 2026. Either the event happened and the income was never taken, or it did not and the money is owed back — and the two are settled by different entries.
Spent more than the client advanced · Sixteen Frames Live · 3.9% of Sixteen Frames Live’s revenue for Aug 2026. 59,80,000 has gone to vendors on Onam music festival — Thrissur against 45,90,000 the client has paid in, 13,90,000 of the company’s own money funding an event that has not happened.
Books disagree with the register · Sixteen Frames Live · 1.2% of Sixteen Frames Live’s revenue for Aug 2026. The ledger has posted 55,52,857 of cost against Onam music festival — Thrissur and the register says 59,80,000 has been spent on it, (4,27,143) apart. One of the two is behind the other, and which it is decides whether the margin on the face is stated on a commitment the books have not yet seen or on a spend the register has not recorded.
Books disagree with the register · Sixteen Frames Live · 0.71% of Sixteen Frames Live’s revenue for Aug 2026. The ledger has posted 6,28,571 of cost against Corporate offsite — Munnar and the register says 8,80,000 has been spent on it, (2,51,429) apart. One of the two is behind the other, and which it is decides whether the margin on the face is stated on a commitment the books have not yet seen or on a spend the register has not recorded.
- No event over its contract · Sixteen Frames Live · 8 events · commitment against contract · tested every event’s commitment against what the client contracted to pay
- Every spend inside its commitment · Sixteen Frames Live · 8 events · spend inside the commitment · tested every event’s spend against its own commitment, which is the control on reading the spend as inside it