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Company Registration No. 12423413 (England and Wales)
THINKITTECH LTD Unaudited accounts for the year ended 31 January 2024
THINKITTECH LTD Unaudited accounts Contents
Page
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THINKITTECH LTD Company Information for the year ended 31 January 2024
Director
E Zanchettin
Company Number
12423413 (England and Wales)
Registered Office
Gregs Buildings 1 Booth Street Manchester M2 4AD
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THINKITTECH LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,370 
3,160 
Current assets
Debtors
22,790 
15,107 
Cash at bank and in hand
46 
80 
22,836 
15,187 
Creditors: amounts falling due within one year
(17,484)
(13,513)
Net current assets
5,352 
1,674 
Net assets
7,722 
4,834 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,622 
4,734 
Shareholders' funds
7,722 
4,834 
For the year ending 31 January 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 October 2024 and were signed on its behalf by
E Zanchettin Director Company Registration No. 12423413
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THINKITTECH LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
THINKITTECH LTD is a private company, limited by shares, registered in England and Wales, registration number 12423413. The registered office is Gregs Buildings, 1 Booth Street, Manchester, M2 4AD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
3,950 
At 31 January 2024
3,950 
Depreciation
At 1 February 2023
790 
Charge for the year
790 
At 31 January 2024
1,580 
Net book value
At 31 January 2024
2,370 
At 31 January 2023
3,160 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
928 
195 
Trade debtors
21,862 
14,912 
22,790 
15,107 
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THINKITTECH LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
131 
- 
Trade creditors
157 
4 
Loans from directors
17,196 
13,509 
17,484 
13,513 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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