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
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
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
Red Thread Creative Marketing Limited
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
22,738
30,385
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
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
Red Thread Creative Marketing Limited
Notes to the Accounts
for the year ended 30 September 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
Red Thread Creative Marketing Limited
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Plant & machinery
At 30 September 2023
2,658
At 30 September 2023
2,307
Amounts falling due within one year
Trade debtors
12,049
11,883
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,039
4,124
Taxes and social security
3,346
4,478
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
6,057
5,082
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
-
Charged to the profit and loss account
12
-
Provision at end of year
12
-
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).