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REGISTERED NUMBER: SC493145 (Scotland)















Report of the Director and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

Just Smart Thinking Limited

Just Smart Thinking Limited (Registered number: SC493145)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Just Smart Thinking Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: A Murtagh





SECRETARY:





REGISTERED OFFICE: 180 West Regent Street
Glasgow





REGISTERED NUMBER: SC493145 (Scotland)





ACCOUNTANTS: Westend Bookkeeping Glasgow Ltd
5 Newton Terrace Lane
Glasgow
G3 7PB

Just Smart Thinking Limited (Registered number: SC493145)

Report of the Director
for the Year Ended 31 December 2023

The director presents his report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of providing Stress Relief

DIRECTOR
A Murtagh held office during the whole of the period from 1 January 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





A Murtagh - Director


28 August 2024

Just Smart Thinking Limited (Registered number: SC493145)

Income Statement
for the Year Ended 31 December 2023

31.12.23 31.12.22
£    £   

TURNOVER 11,607 3,697

Cost of sales 5,397 3,022
GROSS PROFIT 6,210 675

Administrative expenses 3,660 1,560
OPERATING PROFIT/(LOSS) and
PROFIT/(LOSS) BEFORE TAXATION 2,550 (885 )

Tax on profit/(loss) - -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

2,550

(885

)

Just Smart Thinking Limited (Registered number: SC493145)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Cash at bank 7,228 2,152

CREDITORS
Amounts falling due within one year 4 6,326 3,800
NET CURRENT ASSETS/(LIABILITIES) 902 (1,648 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

902

(1,648

)

RESERVES
Retained earnings 902 (1,648 )
902 (1,648 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 28 August 2024 and were signed by:





A Murtagh - Director


Just Smart Thinking Limited (Registered number: SC493145)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Just Smart Thinking Limited is a private company, limited by shares , registered in Scotland. 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.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 6,326 3,800