Thebrightevent Limited

Thebrightevent Limited
Statement of Financial Position
As at 31 July 2024

	Notes	2024 £
Fixed assets
Intangible fixed assets	3	2,500
Tangible fixed assets	4	5,600
		8,100
Current assets
Debtors		1,000
Cash at bank and in hand		226
		1,226
Creditors: amount falling due within one year		(12,010)
Net current assets		(10,784)

Total assets less current liabilities		(2,684)
Creditors: amount falling due after more than one year		(450)
Net assets		(3,134)

Capital and reserves
Called up share capital	5	1
Profit and loss account		(3,135)
Shareholders' funds		(3,134)

For the period ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 03 December 2025 and were signed on its behalf by:

-------------------------------
Mahwish Shahid
Director

Thebrightevent Limited
Notes to the Abridged Financial Statements
For the Period 27 July 2023 to 31 July 2024

General Information

Thebrightevent Limited is a private company, limited by shares, registered in England and Wales, registration number 15031726, registration address 91D Ilford Lane, Ilford, Essex, IG1 2RJ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

20 Reducing Balance

2.	Average number of employees Average number of employees during the period was 0.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 27 July 2023	-	-
Additions	3,000	3,000
Disposals	-	-
At 31 July 2024	3,000	3,000
Amortisation
At 27 July 2023	-	-
Charge for period	500	500
On disposals	-	-
At 31 July 2024	500	500
Net book values
At 31 July 2024	2,500	2,500
At 26 July 2023	-	-

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Total
	£	£
At 27 July 2023	-	-
Additions	7,000	7,000
Disposals	-	-
At 31 July 2024	7,000	7,000
Depreciation
At 27 July 2023	-	-
Charge for period	1,400	1,400
On disposals	-	-
At 31 July 2024	1,400	1,400
Net book values
Closing balance as at 31 July 2024	5,600	5,600
Opening balance as at 27 July 2023	-	-

Share Capital

Allotted, called up and fully paid	2024 £
1 Class A share of £1.00 each	1
	1

Registered Number: 15031726
England and Wales
THEBRIGHTEVENT LIMITED

Abridged Accounts

Period of accounts Start date: 27 July 2023 End date: 31 July 2024