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REGISTERED NUMBER: 07686115 (England and Wales)













Re Think Productivity Consulting Ltd

Unaudited Financial Statements

for the Year Ended 30 June 2024






Re Think Productivity Consulting Ltd (Registered number: 07686115)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Re Think Productivity Consulting Ltd

Company Information
for the year ended 30 June 2024







DIRECTORS: S Hedaux
Mrs S L Hedaux





REGISTERED OFFICE: Lymore Villa
162A London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB





REGISTERED NUMBER: 07686115 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB

Re Think Productivity Consulting Ltd (Registered number: 07686115)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 229,997 173,968
Tangible assets 5 9,207 9,689
Investments 6 123,535 122,693
362,739 306,350

CURRENT ASSETS
Stocks 55,000 189,786
Debtors 7 370,356 413,911
Cash at bank 1,220,877 1,283,027
1,646,233 1,886,724
CREDITORS
Amounts falling due within one year 8 254,237 336,083
NET CURRENT ASSETS 1,391,996 1,550,641
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,754,735

1,856,991

PROVISIONS FOR LIABILITIES 2,212 1,986
NET ASSETS 1,752,523 1,855,005

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,752,323 1,854,805
SHAREHOLDERS' FUNDS 1,752,523 1,855,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Re Think Productivity Consulting Ltd (Registered number: 07686115)

Balance Sheet - continued
30 June 2024


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 Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





S Hedaux - Director


Re Think Productivity Consulting Ltd (Registered number: 07686115)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Re Think Productivity Consulting Ltd 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.

Turnover
Turnover represents net invoice value of goods / services provided, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Software Development is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 21 (2023 - 21 ) .

Re Think Productivity Consulting Ltd (Registered number: 07686115)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. SOFTWARE DEVELOPMENT
Other
intangible
assets
£   
COST
At 1 July 2023 208,489
Additions 85,420
At 30 June 2024 293,909
AMORTISATION
At 1 July 2023 34,521
Charge for year 29,391
At 30 June 2024 63,912
NET BOOK VALUE
At 30 June 2024 229,997
At 30 June 2023 173,968

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023 24,860
Additions 4,048
At 30 June 2024 28,908
DEPRECIATION
At 1 July 2023 15,171
Charge for year 4,530
At 30 June 2024 19,701
NET BOOK VALUE
At 30 June 2024 9,207
At 30 June 2023 9,689

Re Think Productivity Consulting Ltd (Registered number: 07686115)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023 122,693
Additions 2,365
Disposals (1,523 )
At 30 June 2024 123,535
NET BOOK VALUE
At 30 June 2024 123,535
At 30 June 2023 122,693

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 336,006 381,806
Other debtors 34,350 32,105
370,356 413,911

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,115 10,810
Taxation and social security 193,141 292,453
Other creditors 50,981 32,820
254,237 336,083