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REGISTERED NUMBER: 07846008 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 DECEMBER 2022 TO 29 NOVEMBER 2023

FOR

THE TICKET FAIRY LIMITED

THE TICKET FAIRY LIMITED (REGISTERED NUMBER: 07846008)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 December 2022 to 29 November 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


THE TICKET FAIRY LIMITED

COMPANY INFORMATION
for the period 1 December 2022 to 29 November 2023







DIRECTOR: Mr D N Patel





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 07846008 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THE TICKET FAIRY LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Ticket Fairy Limited for the period ended 29 November 2023 which comprise the Abridged Income Statement, Abridged Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Ticket Fairy Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Ticket Fairy Limited and state those matters that we have agreed to state to the director of The Ticket Fairy Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Ticket Fairy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Ticket Fairy Limited. You consider that The Ticket Fairy Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of The Ticket Fairy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD


19 November 2024

THE TICKET FAIRY LIMITED (REGISTERED NUMBER: 07846008)

ABRIDGED BALANCE SHEET
29 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,967 4,568

CURRENT ASSETS
Debtors 44,350 63,061
Cash at bank 957 1,479
45,307 64,540
CREDITORS
Amounts falling due within one year 1,231,825 1,154,636
NET CURRENT LIABILITIES (1,186,518 ) (1,090,096 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,179,551

)

(1,085,528

)

CREDITORS
Amounts falling due after more than one
year

5

30,945

36,007
NET LIABILITIES (1,210,496 ) (1,121,535 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (1,210,498 ) (1,121,537 )
(1,210,496 ) (1,121,535 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 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.

THE TICKET FAIRY LIMITED (REGISTERED NUMBER: 07846008)

ABRIDGED BALANCE SHEET - continued
29 November 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 Income Statement and an abridged Balance Sheet for the period ended 29 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 November 2024 and were signed by:





Mr D N Patel - Director


THE TICKET FAIRY LIMITED (REGISTERED NUMBER: 07846008)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 December 2022 to 29 November 2023

1. STATUTORY INFORMATION

The Ticket Fairy Limited is a private company, limited by shares , registered in England and Wales. 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.

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its liabilities as and when due, due to the continued support of the director.

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.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

THE TICKET FAIRY LIMITED (REGISTERED NUMBER: 07846008)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 December 2022 to 29 November 2023

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 9,537
Additions 3,199
At 29 November 2023 12,736
DEPRECIATION
At 1 December 2022 4,969
Charge for period 800
At 29 November 2023 5,769
NET BOOK VALUE
At 29 November 2023 6,967
At 30 November 2022 4,568

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans 5,945 11,007

6. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £30,580 (2022: 16,286) to Mr Depak N Patel, the sole director.

At the balance sheet date, the company owed £900,007 (2022: £882,735) to The Ticket Fairy, Inc. and £218,448 (2022: £207,318) to The Ticket Fairy PTY Limited, Both companies are connected by virtue of common control.

At the balance sheet date, the company was owed £29,683 (2022: £29,683) by The Ticket Fairy Private Limited and £2,061 (2022: £2,061) by M/S. The Ticket Fairy DMCC, Both companies are connected by virtue of common control.

Also at the balance sheet date, the company paid advertisement, conference and traveling expense of £21 (2022: £1,191) to The Ticket Fairy US, The company is connected by virtue of common control.