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Company Registration No. 14095235 (England and Wales)
Neon Thinking Ltd Unaudited accounts for the year ended 31 May 2024
Neon Thinking Ltd Unaudited accounts Contents
Page
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Neon Thinking Ltd Company Information for the year ended 31 May 2024
Directors
Hazel WILKINSON Hazel Wilkinson
Company Number
14095235 (England and Wales)
Registered Office
7 Bell Yard London WC2A 2JR United Kingdom
Accountants
Dianne Maiden AAT Licensed Accountant Ricson Accountancy Services Ltd 15 Duncombe Road Hertford SG14 3BY
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Neon Thinking Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
(1)
(1)
Fixed assets
Tangible assets
- 
343 
Current assets
Debtors
121,235 
6,229 
Cash at bank and in hand
365,246 
165,152 
486,481 
171,381 
Creditors: amounts falling due within one year
(137,270)
(40,709)
Net current assets
349,211 
130,672 
Net assets
349,210 
131,014 
Capital and reserves
Profit and loss account
349,210 
131,014 
Shareholders' funds
349,210 
131,014 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 7 January 2025 and were signed on its behalf by
Hazel WILKINSON Director Company Registration No. 14095235
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Neon Thinking Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Neon Thinking Ltd is a private company, limited by shares, registered in England and Wales, registration number 14095235. The registered office is 7 Bell Yard, London, WC2A 2JR, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
Straight line 33.33%
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Neon Thinking Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2023
1,029 
At 31 May 2024
1,029 
Depreciation
At 1 June 2023
686 
Charge for the year
343 
At 31 May 2024
1,029 
Net book value
At 31 May 2024
- 
At 31 May 2023
343 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
6,229 
Trade debtors
120,970 
- 
Other debtors
265 
- 
121,235 
6,229 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,190 
- 
Trade creditors
209 
209 
Taxes and social security
115,218 
40,500 
Other creditors
13,489 
- 
Deferred income
1,164 
- 
137,270 
40,709 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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