Think Tank Creative Design Limited |
Registered Number:06544290 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Think Tank Creative Design Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Think Tank Creative Design Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
3,551
4,178
3
3,551
4,178
Trade and other receivables |
8,432
9,985
4
33
Cash and cash equivalents |
33
10,018
8,465
Trade and other payables: amounts falling due within one |
year |
(29,183)
(31,360)
5
(20,718)
(21,342)
Net current liabilities
Total assets less current liabilities |
(17,791)
(16,540)
(17,791)
Net liabilities
(16,540)
100
100
(17,891)
(16,640)
(17,791)
(16,540)
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 20 September 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
Think Tank Creative Design Limited
Notes to the Financial Statements
Statutory Information
Think Tank Creative Design Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06544290. |
Pinfold Cottage Pinfold Lane
Fishlake
Doncaster
South Yorkshire
DN7 5LA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
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: |
Computer equipment
Fixtures and fittings
2. Intangible fixed assets |
Goodwill
93,750
93,750
93,750
93,750
-
-
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For the year ended 31 March 2023
Think Tank Creative Design Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment |
12,453
12,123
330
330
12,123
12,453
Provision for depreciation and impairment |
8,275
7,979
296
Charge for year
627
622
5
8,902
8,601
301
29
3,522
3,551
34
4,144
4,178
4. Trade and other receivables |
2022
2023
9,985
8,432
5. Trade and other payables: amounts falling due within one year |
2022
2023
15,149
19,059
398
482
Taxation and social security |
12,305
8,393
3,508
1,249
31,360
29,183
6. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 3)
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