Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-311trueNo description of principal activityfalse2023-04-01falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.1true 08706024 2023-04-01 2024-03-31 08706024 2022-04-01 2023-03-31 08706024 2024-03-31 08706024 2023-03-31 08706024 c:Director1 2023-04-01 2024-03-31 08706024 d:CurrentFinancialInstruments 2024-03-31 08706024 d:CurrentFinancialInstruments 2023-03-31 08706024 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08706024 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08706024 d:ShareCapital 2024-03-31 08706024 d:ShareCapital 2023-03-31 08706024 d:RetainedEarningsAccumulatedLosses 2024-03-31 08706024 d:RetainedEarningsAccumulatedLosses 2023-03-31 08706024 c:FRS102 2023-04-01 2024-03-31 08706024 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08706024 c:FullAccounts 2023-04-01 2024-03-31 08706024 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08706024 2 2023-04-01 2024-03-31 08706024 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 08706024









THINKING CHOICES LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
THINKING CHOICES LTD
REGISTERED NUMBER:08706024

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
2,400

Cash at bank and in hand
 5 
6,679
5,811

  
6,679
8,211

Creditors: amounts falling due within one year
 6 
(61,751)
(62,975)

Net current liabilities
  
 
 
(55,072)
 
 
(54,764)

Total assets less current liabilities
  
(55,072)
(54,764)

  

Net liabilities
  
(55,072)
(54,764)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(55,172)
(54,864)

  
(55,072)
(54,764)


Page 1

 
THINKING CHOICES LTD
REGISTERED NUMBER:08706024
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 December 2024.




................................................
C Cuffley
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
THINKING CHOICES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The legal form of the entity is a private company limited by shares registered in England and Wales and the registered address is situated at Unit 3 Bradburys Court, Lyon Road, Harrow, Middlesex, HA1 2BY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
THINKING CHOICES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the Year was 1 (2023 - 1).


4.


Debtors

2024
2023
£
£


Trade debtors
-
2,400

-
2,400



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
6,679
5,811

6,679
5,811


Page 4

 
THINKING CHOICES LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
61,652
62,579

Other taxation and social security
99
396

61,751
62,975


 
Page 5