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Company Registration No. 06686939 (England and Wales)
Red Thread Creative Marketing Limited Unaudited accounts for the year ended 30 September 2023
Red Thread Creative Marketing Limited Unaudited accounts Contents
Page
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Red Thread Creative Marketing Limited Company Information for the year ended 30 September 2023
Director
Dennis Leslie Hatcher
Company Number
06686939 (England and Wales)
Registered Office
12C HANHAM HALL WHITTUCKS ROAD HANHAM BRISTOL BS15 3FR ENGLAND
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Red Thread Creative Marketing Limited for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Red Thread Creative Marketing Limited for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 18 January 2024
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Red Thread Creative Marketing Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
351 
365 
Current assets
Debtors
12,299 
11,883 
Cash at bank and in hand
22,738 
30,385 
35,037 
42,268 
Creditors: amounts falling due within one year
(12,126)
(17,250)
Net current assets
22,911 
25,018 
Total assets less current liabilities
23,262 
25,383 
Creditors: amounts falling due after more than one year
(6,057)
(5,082)
Provisions for liabilities
Deferred tax
(12)
- 
Net assets
17,193 
20,301 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
16,193 
19,301 
Shareholders' funds
17,193 
20,301 
For the year ending 30 September 2023 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 director acknowledges his 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 and authorised for issue on 18 January 2024 and were signed on its behalf by
Dennis Leslie Hatcher Director Company Registration No. 06686939
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Red Thread Creative Marketing Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Red Thread Creative Marketing Limited is a private company, limited by shares, registered in England and Wales, registration number 06686939. The registered office is 12C HANHAM HALL WHITTUCKS ROAD, HANHAM, BRISTOL, BS15 3FR, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Red Thread Creative Marketing Limited Notes to the Accounts for the year ended 30 September 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2022
2,133 
Additions
525 
At 30 September 2023
2,658 
Depreciation
At 1 October 2022
1,768 
Charge for the year
539 
At 30 September 2023
2,307 
Net book value
At 30 September 2023
351 
At 30 September 2022
365 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,049 
11,883 
Other debtors
250 
- 
12,299 
11,883 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,686 
6,316 
Trade creditors
2,039 
4,124 
Taxes and social security
3,346 
4,478 
Other creditors
225 
1,516 
Accruals
830 
816 
12,126 
17,250 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
6,057 
5,082 
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Red Thread Creative Marketing Limited Notes to the Accounts for the year ended 30 September 2023
8
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
12 
- 
2023 
2022 
£ 
£ 
Charged to the profit and loss account
12 
- 
Provision at end of year
12 
- 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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