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REGISTERED NUMBER: SC411507 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Blue Parrot Events Group Ltd

Blue Parrot Events Group Ltd (Registered number: SC411507)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Blue Parrot Events Group Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: G Anderson





REGISTERED OFFICE: Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU





REGISTERED NUMBER: SC411507 (Scotland)





ACCOUNTANTS: Advantage Accounting (Scotland) Ltd
Pavilion 2
Finnieston Business Park
Minerva Way
Glasgow
G3 8AU

Blue Parrot Events Group Ltd (Registered number: SC411507)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 21,280 24,320
Tangible assets 5 258,153 142,841
279,433 167,161

CURRENT ASSETS
Stocks 8,835 8,835
Debtors 6 212,822 274,900
Cash at bank 217,605 191,539
439,262 475,274
CREDITORS
Amounts falling due within one year 7 313,130 276,906
NET CURRENT ASSETS 126,132 198,368
TOTAL ASSETS LESS CURRENT
LIABILITIES

405,565

365,529

CREDITORS
Amounts falling due after more than one
year

8

(216,683

)

(160,562

)

PROVISIONS FOR LIABILITIES (8,454 ) (11,272 )
NET ASSETS 180,428 193,695

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 180,328 193,595
SHAREHOLDERS' FUNDS 180,428 193,695

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Blue Parrot Events Group Ltd (Registered number: SC411507)

Balance Sheet - continued
30 November 2023


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 15 August 2024 and were signed by:





G Anderson - Director


Blue Parrot Events Group Ltd (Registered number: SC411507)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Blue Parrot Events Group Ltd 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 represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 18 (2022 - 15 ) .

Blue Parrot Events Group Ltd (Registered number: SC411507)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 30,400
AMORTISATION
At 1 December 2022 6,080
Charge for year 3,040
At 30 November 2023 9,120
NET BOOK VALUE
At 30 November 2023 21,280
At 30 November 2022 24,320

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 29,839 405,067 434,906
Additions - 190,990 190,990
Disposals - (28,299 ) (28,299 )
At 30 November 2023 29,839 567,758 597,597
DEPRECIATION
At 1 December 2022 1,790 290,275 292,065
Charge for year 596 53,584 54,180
Eliminated on disposal - (6,801 ) (6,801 )
At 30 November 2023 2,386 337,058 339,444
NET BOOK VALUE
At 30 November 2023 27,453 230,700 258,153
At 30 November 2022 28,049 114,792 142,841

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 79,958 102,451
Amounts owed by group undertakings 84,809 79,000
Other debtors 48,055 93,449
212,822 274,900

Blue Parrot Events Group Ltd (Registered number: SC411507)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 53,374 52,110
Hire purchase contracts 8,149 -
Trade creditors 12,652 69,318
Amounts owed to group undertakings 13,558 -
Taxation and social security 97,051 83,157
Other creditors 128,346 72,321
313,130 276,906

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 187,149 160,562
Hire purchase contracts 29,534 -
216,683 160,562

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 49,588 -

9. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans 240,523 212,672

The Royal Bank of Scotland PLC holds a floating charge over the property and assets of the company.