IRIS Accounts Production v24.1.4.33 SC366035 director 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3660352022-12-31SC3660352023-12-31SC3660352023-01-012023-12-31SC3660352021-12-31SC3660352022-01-012022-12-31SC3660352022-12-31SC366035ns15:Scotland2023-01-012023-12-31SC366035ns14:PoundSterling2023-01-012023-12-31SC366035ns10:Director12023-01-012023-12-31SC366035ns10:PrivateLimitedCompanyLtd2023-01-012023-12-31SC366035ns10:SmallEntities2023-01-012023-12-31SC366035ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-31SC366035ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-31SC366035ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-31SC366035ns10:AbridgedAccounts2023-01-012023-12-31SC366035ns10:OrdinaryShareClass12023-01-012023-12-31SC366035ns10:RegisteredOffice2023-01-012023-12-31SC366035ns5:CurrentFinancialInstruments2023-12-31SC366035ns5:CurrentFinancialInstruments2022-12-31SC366035ns5:Non-currentFinancialInstruments2023-12-31SC366035ns5:Non-currentFinancialInstruments2022-12-31SC366035ns5:ShareCapital2023-12-31SC366035ns5:ShareCapital2022-12-31SC366035ns5:RetainedEarningsAccumulatedLosses2023-12-31SC366035ns5:RetainedEarningsAccumulatedLosses2022-12-31SC366035ns5:PlantMachinery2023-01-012023-12-31SC366035ns5:FurnitureFittings2023-01-012023-12-31SC366035ns5:ComputerEquipment2023-01-012023-12-31SC366035ns10:OrdinaryShareClass12023-12-31SC3660351ns10:Director12022-12-31SC3660351ns10:Director12021-12-31SC3660351ns10:Director12023-01-012023-12-31SC3660351ns10:Director12022-01-012022-12-31SC3660351ns10:Director12023-12-31SC3660351ns10:Director12022-12-31
REGISTERED NUMBER: SC366035 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Think Different Events Limited

Think Different Events Limited (Registered number: SC366035)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Think Different Events Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M Jack





REGISTERED OFFICE: 11 Hazeldon Gardens
Glasgow
G44 3HQ





REGISTERED NUMBER: SC366035 (Scotland)





ACCOUNTANTS: Lamont Blair Chartered Accountants
1A Berwick Drive
Rutherglen
South Lanarkshire
G73 3JP

Think Different Events Limited (Registered number: SC366035)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,338 2,024

CURRENT ASSETS
Debtors 106,996 148,224
Prepayments and accrued income 1,323 500
Cash at bank 13,831 14,473
122,150 163,197
CREDITORS
Amounts falling due within one year 38,171 67,778
NET CURRENT ASSETS 83,979 95,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,317

97,443

CREDITORS
Amounts falling due after more than one year (14,167 ) (24,167 )

PROVISIONS FOR LIABILITIES (634 ) -
NET ASSETS 72,516 73,276

CAPITAL AND RESERVES
Called up share capital 5 10,000 10,000
Retained earnings 62,516 63,276
SHAREHOLDERS' FUNDS 72,516 73,276

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.

Think Different Events Limited (Registered number: SC366035)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2024 and were signed by:





M Jack - Director


Think Different Events Limited (Registered number: SC366035)

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

1. STATUTORY INFORMATION

Think Different Events 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the amount, events or actions, actual results ultimately may differ from those estimates.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Think Different Events Limited (Registered number: SC366035)

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

2. ACCOUNTING POLICIES - continued

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash and deposits with financial institutions repayable without penalty on notice of not more than twenty four hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 5,767
Additions 2,108
At 31 December 2023 7,875
DEPRECIATION
At 1 January 2023 3,743
Charge for year 794
At 31 December 2023 4,537
NET BOOK VALUE
At 31 December 2023 3,338
At 31 December 2022 2,024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary 1 10,000 10,000

Think Different Events Limited (Registered number: SC366035)

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

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
M Jack
Balance outstanding at start of year (397 ) (397 )
Amounts advanced 33,217 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,820 (397 )