This is a unique flasher circuit employing a single driver transistor that takes its flash-rate from a flashing LED. The flasher within the photo is 3mm. An ordinary LED won't work. The flash rate can not be altered by the brightness of the high-bright white LED will be adjusted by altering the 1k resistor across the 100u electrolytic to 4k7 or 10k. The 1k resistor discharges the 100u in order that when the transistor activates, the charging current into the 100u illuminates the white
LED.
If a 10k discharge resistor is used, the 100u isn't absolutely discharged and therefore the LED doesn't flash as bright. All the components within the photo are within the same places as within the circuit diagram to make it simple to envision how the components are connected.
The circuit uses a flashing LED to flash a super-bright 20,000mcd white LED