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REGISTERED NUMBER: 06458143 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Thirdperson Words Limited

Thirdperson Words Limited (Registered number: 06458143)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thirdperson Words Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S J Smith





SECRETARY: Mrs L J Butterworth





REGISTERED OFFICE: Building 4, North London Business Park
Oakleigh Road South
London
N11 1GN





REGISTERED NUMBER: 06458143 (England and Wales)





ACCOUNTANTS: AFE Accountants Limited
North London Business Park
Oakleigh Road South
New Southgate
London
N11 1GN

Thirdperson Words Limited (Registered number: 06458143)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 460 649
Investments 5 90,637 83,576
91,097 84,225

CURRENT ASSETS
Debtors 6 85,653 36,590
Cash at bank 57,569 29,923
143,222 66,513
CREDITORS
Amounts falling due within one year 7 43,891 16,441
NET CURRENT ASSETS 99,331 50,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,428

134,297

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 (6,286 ) (13,347 )
Retained earnings 196,614 147,544
190,428 134,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Thirdperson Words Limited (Registered number: 06458143)

Balance Sheet - continued
31 December 2023


The 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.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





S J Smith - Director


Thirdperson Words Limited (Registered number: 06458143)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Thirdperson Words Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Thirdperson Words Limited (Registered number: 06458143)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 3,102
DEPRECIATION
At 1 January 2023 2,453
Charge for year 189
At 31 December 2023 2,642
NET BOOK VALUE
At 31 December 2023 460
At 31 December 2022 649

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 83,576
Revaluations 7,061
At 31 December 2023 90,637
NET BOOK VALUE
At 31 December 2023 90,637
At 31 December 2022 83,576

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2022 83,576
Valuation in 2023 7,061
90,637

Fixed asset investments were valued on an open market basis on 31 December 2023 by Smith & Williamson Financial Services Ltd .

Thirdperson Words Limited (Registered number: 06458143)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 42,554 -
Other debtors 43,099 36,590
85,653 36,590

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 33
Trade creditors - (1 )
Taxation and social security 42,591 15,109
Other creditors 1,300 1,300
43,891 16,441

8. RESERVES
Fair
value
reserve
£   
At 1 January 2023 (13,347 )
Revaluation Reserve 7,061

At 31 December 2023 (6,286 )

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
S J Smith
Balance outstanding at start of year 33,884 21,598
Amounts advanced 66,294 78,286
Amounts repaid (57,850 ) (66,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,328 33,884

During the year dividends of £45,000 declared in the accounts. The company charged interest of £931 at official HMRC rate.