1 June 2020 false No description of principal activity Taxfiler 2023.10 10174836business:PrivateLimitedCompanyLtd2020-06-012021-05-31 101748362020-05-31 101748362020-06-012021-05-31 10174836business:AuditExempt-NoAccountantsReport2020-06-012021-05-31 10174836business:FilletedAccounts2020-06-012021-05-31 101748362021-05-31 10174836business:Director12020-06-012021-05-31 10174836business:Director22020-06-012021-05-31 10174836business:RegisteredOffice2020-06-012021-05-31 101748362020-05-31 10174836core:WithinOneYear2021-05-31 10174836core:WithinOneYear2020-05-31 10174836core:ShareCapitalcore:PreviouslyStatedAmount2021-05-31 10174836core:ShareCapitalcore:PreviouslyStatedAmount2020-05-31 10174836core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-05-31 10174836core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2020-05-31 10174836core:PreviouslyStatedAmount2021-05-31 10174836core:PreviouslyStatedAmount2020-05-31 10174836business:SmallEntities2020-06-012021-05-31 10174836countries:EnglandWales2020-06-012021-05-31 10174836business:Director112020-06-012021-05-31 10174836business:Director112020-05-31 10174836business:Director112021-05-31 101748362019-06-012020-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10174836 (England and Wales)
DEEP THOUGHT CREATIVE LTD. Unaudited accounts for the year ended 31 May 2021
DEEP THOUGHT CREATIVE LTD. Unaudited accounts Contents
Page
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DEEP THOUGHT CREATIVE LTD. Company Information for the year ended 31 May 2021
Directors
Piers Sudell-Eccleston Bernadette Eccleston
Company Number
10174836 (England and Wales)
Registered Office
BARTON HOUSE BARTON HOUSE CANWORTHY WATER LAUNCESTON CORNWALL PL15 8UA UNITED KINGDOM
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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DEEP THOUGHT CREATIVE LTD. Statement of financial position as at 31 May 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
3,700 
6,279 
Cash at bank and in hand
1,358 
8,609 
5,058 
14,888 
Creditors: amounts falling due within one year
(4,910)
(13,225)
Net current assets
148 
1,663 
Net assets
148 
1,663 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
147 
1,662 
Shareholders' funds
148 
1,663 
For the year ending 31 May 2021 the company 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 accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2023 and were signed on its behalf by
Piers Sudell-Eccleston Director Company Registration No. 10174836
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DEEP THOUGHT CREATIVE LTD. Notes to the Accounts for the year ended 31 May 2021
1
Statutory information
DEEP THOUGHT CREATIVE LTD. is a private company, limited by shares, registered in England and Wales, registration number 10174836. The registered office is BARTON HOUSE BARTON HOUSE, CANWORTHY WATER, LAUNCESTON, CORNWALL, PL15 8UA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Debtors
2021 
2020 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,700 
415 
Other debtors
- 
5,864 
3,700 
6,279 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
- 
1,758 
Taxes and social security
13,180 
9,764 
Other creditors
- 
1,703 
Loans from directors
(8,689)
- 
Accruals
419 
- 
4,910 
13,225 
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DEEP THOUGHT CREATIVE LTD. Notes to the Accounts for the year ended 31 May 2021
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Piers Sudell-Eccleston
Director loan
- 
8,689 
- 
8,689 
- 
8,689 
- 
8,689 
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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