smallAccCompHo_0921.xslt
Company Registration No. 11799676 (England and Wales)
THANK AND PRAISE LTD
Financial Statements
for the Period from 01 February 2023 to 31 January 2024

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

1. Statutory Information
THANK AND PRAISE LTD is a private company, limited by shares, registered in England and Wales, registration number 11799676.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

Intangible Asset Policy
Intangible fixed assets are measured at cost less impairment losses.

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 1
2023 1
4. Principal Activity
Human Resource Management Software supplier to Key Worker Organisations

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

5. Intangible Assets
Goodwill Other Total
Cost £ £ £
At 01/02/2023 - 12,000 12,000
Additions - - -
Disposals - - -
Revaluations - - -
At 31/01/2024 - 12,000 12,000
Amortisation
At 01/02/2023 - - -
Charge for the Year - - -
On Disposals - - -
Other increases/(decreases) - - -
At end of period - - -
Net book value
At 31/01/2024 - 12,000 12,000
At 31/01/2023 - 12,000 12,000
6. Fixed Assets
Plant and Machinery Computer Equipment Total
Cost or valuation £ £ £
At 01/02/2023 520 2,137 2,657
Additions - 2,848 2,848
At 31/01/2024 520 4,985 5,505
Depreciation
At 01/02/2023 519 1,642 2,161
Charge for the year 1 682 683
At 31/01/2024 520 2,324 2,844
Net Book Value
At 31/01/2024 - 2,661 2,661
At 31/01/2023 1 495 496

THANK AND PRAISE LTD

Financial Statements for the period ending 31 January 2024

Notes to the Accounts

7. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/02/2023 - - 2,929 2,929
Additions - - - -
Disposals - - - -
Adjustments - - - -
Valuation at 31/01/2024 - - 2,929 2,929