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REGISTERED NUMBER: 07399020 (England and Wales)







Unaudited Financial Statements

for the Period 1 November 2021 to 30 April 2023

for

Red Panda Thinking Limited

Red Panda Thinking Limited (Registered number: 07399020)






Contents of the Financial Statements
for the Period 1 November 2021 to 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Red Panda Thinking Limited

Company Information
for the Period 1 November 2021 to 30 April 2023







DIRECTOR: Mrs S E Blanks





REGISTERED OFFICE: Garden Flat
13 Oakfield Road
Clifton
Bristol
BS8 2AJ





REGISTERED NUMBER: 07399020 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY

Red Panda Thinking Limited (Registered number: 07399020)

Balance Sheet
30 April 2023

30.4.23 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 304

CURRENT ASSETS
Debtors 5 1,600 14
Cash at bank 11,058 12,445
12,658 12,459
CREDITORS
Amounts falling due within one year 6 1,074 973
NET CURRENT ASSETS 11,584 11,486
TOTAL ASSETS LESS CURRENT LIABILITIES 11,584 11,790

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 11,484 11,690
SHAREHOLDERS' FUNDS 11,584 11,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 August 2023 and were signed by:





Mrs S E Blanks - Director


Red Panda Thinking Limited (Registered number: 07399020)

Notes to the Financial Statements
for the Period 1 November 2021 to 30 April 2023

1. STATUTORY INFORMATION

Red Panda Thinking Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised as services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2021 - 1 ) .

Red Panda Thinking Limited (Registered number: 07399020)

Notes to the Financial Statements - continued
for the Period 1 November 2021 to 30 April 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 November 2021 1,437
Disposals (1,437 )
At 30 April 2023 -
DEPRECIATION
At 1 November 2021 1,133
Eliminated on disposal (1,133 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 31 October 2021 304

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 31.10.21
£    £   
Trade debtors 1,600 -
Tax - 14
1,600 14

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 31.10.21
£    £   
Directors' current accounts 42 43
Accrued expenses 1,032 930
1,074 973

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 31.10.21
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 November 2021 11,690
Profit for the period 6,494
Dividends (6,700 )
At 30 April 2023 11,484