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Registered number: 15814911
Vibrant Thing Ltd
Unaudited Financial Statements
For the Period 2 July 2024 to 31 July 2025
Halliday Styan LLP
Vibrant Thing Ltd
Contents
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Vibrant Thing Ltd
Balance Sheet
As At 31 July 2025
Balance Sheet
Registered number: 15814911
31 July 2025
Notes £ £
CURRENT ASSETS
Debtors 4 451
Cash at bank and in hand 2
453
Creditors: Amounts Falling Due Within One Year 5 (86 )
NET CURRENT ASSETS (LIABILITIES) 367
TOTAL ASSETS LESS CURRENT LIABILITIES 367
NET ASSETS 367
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 366
SHAREHOLDERS' FUNDS 367
For the period ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms E Knowles
Director
15/05/2026
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Vibrant Thing Ltd
Notes to the Financial Statements
For the Period 2 July 2024 to 31 July 2025
Notes to the Financial Statements
1. General Information
Vibrant Thing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15814911 . The registered office is 18 Central Avenue, Fulham Riverside, London, SW6 2QE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are prepared under the historical cost convention and in sterling, which is the functional and presentational currency of the company.
The company qualifies as a small company under the Companies Act 2006 and has taken advantage of the reduced disclosure exemptions available to small entities.
These financial statements are the first financial statements of the Company since its incorporation on 2 July 2024. Accordingly, no comparative figures are presented.
The financial statements cover the period from 2 July 2024 (the date of incorporation) to 31 July 2025. This period is longer than one year and, as a result, the results for the period are not directly comparable with those of a standard twelve month accounting period.
2.2. Going Concern Disclosure
The directors have considered the Company’s financial position and cash flow forecasts for a period of at least twelve months from the date of approval of these financial statements. Based on this assessment, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.
Accordingly, the financial statements have been prepared on the going concern basis.
2.3. Turnover
Turnover represents the fair value of the consideration receivable for brand deals and events, appearance fees and book deals provided in the ordinary course of business and is recognised in accordance with FRS 102 Section 23.
Brand deals and events
Income from brand deals and events is recognised in the period in which the relevant services are delivered and the company’s performance obligations have been satisfied, which is typically when the event or agreed promotional activity has taken place. Where payments are received in advance, income is deferred until the services are performed.
Appearance fees
Appearance fees are recognised as revenue when the appearance or engagement has occurred in accordance with the contractual agreement.
Book deals
Income arising from book deals is recognised in accordance with the underlying contractual terms. Advance payments are recognised as deferred income until the related performance obligations have been satisfied. Royalties are recognised in the period in which the related sales occur and the entitlement to the income arises.
No turnover is recognised in respect of services not yet performed at the reporting date.
2.4. Financial Instruments
The Company holds basic financial instruments only, comprising cash at bank and short term creditors.
Financial instruments are initially recognised at transaction price. Subsequently, basic financial instruments are measured at amortised cost in accordance with FRS 102.
Cash at bank is measured at face value. Creditors are recognised at the amount payable. The Company does not hold any complex financial instruments, derivatives, loans, or financial assets measured at fair value.
Page 2
Page 3
Vibrant Thing Ltd
Notes to the Financial Statements (continued)
For the Period 2 July 2024 to 31 July 2025
2.5. Taxation
The tax expense recognised in the Income Statement represents the amount of corporation tax payable in respect of the profit for the financial year and is recognised in accordance with FRS 102. Current tax is measured at the amounts expected to be paid to HM Revenue & Customs, using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Current tax has been calculated using the small profits tax rate of 19%.
A current tax liability is recognised in the balance sheet in respect of corporation tax payable for the year. No deferred tax is recognised as the company has no material timing differences between the accounting and tax treatment of income and expenditure at the balance sheet date.
2.6. Share capital
Ordinary share capital is recognised at the nominal value of shares issued.
Where shares are issued but not paid for at the reporting date, and the unpaid amount is due from the director, the balance is recognised as a receivable within other debtors. Share capital is classified as equity in accordance with FRS 102 and the Companies Act 2006.
No changes to share capital occurred during the financial year other than the issue of shares on incorporation.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
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4. Debtors
31 July 2025
£
Due within one year
Other debtors 451
5. Creditors: Amounts Falling Due Within One Year
31 July 2025
£
Corporation tax 86
6. Share Capital
31 July 2025
£
Allotted, Called up and fully paid 1
7. Dividends
No dividends were declared or paid during the financial year.
8. Post Balance Sheet Events
The directors have assessed events occurring after the reporting date and up to the date of approval of these financial statements.
No events requiring adjustment to, or disclosure in, the financial statements have been identified.
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Page 4
Vibrant Thing Ltd
Notes to the Financial Statements (continued)
For the Period 2 July 2024 to 31 July 2025
9. Related Party Transactions
Transactions with director controlled companies:
During the year, the company entered into the following transactions with companies wholly owned by the director:
(a) Shared services and reimbursements
The company was recharged and reimbursed by related companies for shared services.
Total expense recharged during the year: £6,180 
Balance outstanding at the year end: £0 
The recharges were based on an allocation of actual costs incurred and were settled in cash during the year.
(b) Loans to related parties
The company provided loan finance to related companies under the common control of the director.
Maximum amount outstanding to the Company during the year: £450
Balance outstanding at the year end: £450
The loans are unsecured, interest free and repayable on demand. There were no guarantees given or received in respect of these balances.
Transactions with related parties have been aggregated where appropriate in accordance with FRS 102 paragraph 33.14.
Transactions with director:
a) Director transactions – amounts due from the director
At the balance sheet date, £1 was due from the director in respect of unpaid share capital. No other advances, credit arrangements or guarantees were outstanding during the year or at the balance sheet date.
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