2 2 Thompson Consultancy Services Limited 07615631 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is electrical consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true 07615631 2023-05-01 2024-04-30 07615631 2024-04-30 07615631 bus:OrdinaryShareClass1 2024-04-30 07615631 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 07615631 core:AdditionsToInvestments 2024-04-30 07615631 core:CostValuation 2024-04-30 07615631 core:DisposalsDecreaseInInvestments 2024-04-30 07615631 core:OfficeEquipment 2024-04-30 07615631 bus:SmallEntities 2023-05-01 2024-04-30 07615631 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07615631 bus:FilletedAccounts 2023-05-01 2024-04-30 07615631 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07615631 bus:RegisteredOffice 2023-05-01 2024-04-30 07615631 bus:Director1 2023-05-01 2024-04-30 07615631 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 07615631 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07615631 bus:Agent1 2023-05-01 2024-04-30 07615631 core:JointVenture1 2023-05-01 2024-04-30 07615631 core:JointVenture1 countries:AllCountries 2023-05-01 2024-04-30 07615631 core:OfficeEquipment 2023-05-01 2024-04-30 07615631 countries:EnglandWales 2023-05-01 2024-04-30 07615631 2023-04-30 07615631 core:CostValuation 2023-04-30 07615631 core:OfficeEquipment 2023-04-30 07615631 2022-05-01 2023-04-30 07615631 2023-04-30 07615631 bus:OrdinaryShareClass1 2023-04-30 07615631 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 07615631 core:OfficeEquipment 2023-04-30 07615631 core:JointVenture1 2022-05-01 2023-04-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 07615631

Thompson Consultancy Services Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Thompson Consultancy Services Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Thompson Consultancy Services Limited

Company Information

Director

S Thompson

Registered office

271 Rochester Road
Gravesend
Kent
DA12 4TW

Accountants

Smart Accounting & Tax Solutions LLP
Chartered Accountants74A Station Road East
Oxted
Surrey
RH8 0PG

 

Thompson Consultancy Services Limited

(Registration number: 07615631)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

807

1,246

Investments

5

158

784

 

965

2,030

Current assets

 

Cash at bank and in hand

 

58,568

59,930

Creditors: Amounts falling due within one year

6

(21,271)

(15,616)

Net current assets

 

37,297

44,314

Total assets less current liabilities

 

38,262

46,344

Provisions for liabilities

(31)

(57)

Net assets

 

38,231

46,287

Capital and reserves

 

Called up share capital

7

1

1

Retained earnings

38,230

46,286

Shareholders' funds

 

38,231

46,287

 

Thompson Consultancy Services Limited

(Registration number: 07615631)
Balance Sheet as at 30 April 2024

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 January 2025
 

.........................................
S Thompson
Director

 

Thompson Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
271 Rochester Road
Gravesend
Kent
DA12 4TW
England

These financial statements were authorised for issue by the director on 20 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities, being electrical consultancy services.
Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises of Corporation Tax on the company's taxable profits and chargeable gains.

The current Corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Thompson Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% Straight line

Investments

Investments in assets which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Thompson Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 May 2023

6,501

6,501

Additions

429

429

At 30 April 2024

6,930

6,930

Depreciation

At 1 May 2023

5,255

5,255

Charge for the year

868

868

At 30 April 2024

6,123

6,123

Carrying amount

At 30 April 2024

807

807

At 30 April 2023

1,246

1,246

 

Thompson Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

5

Investments

2024
£

2023
£

Investments in joint ventures

158

784

Joint ventures

£

Cost

At 1 May 2023

784

Additions

200

Disposals

(826)

At 30 April 2024

158

Provision

Carrying amount

At 30 April 2024

158

At 30 April 2023

784

Details of undertakings

Details of the investments in which the company holds 20% or more of the voting rights are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights or shares held

     

2024

2023

Joint ventures

Engineered Technical Solutions LLP

The Old Wheel House C/O Coveney Nicholls, 31-37 Church Street, Reigate RH2 0AD

Limited liability partnership

50%

50%

 

United Kingdom

     

Joint ventures

Engineered Technical Solutions LLP

The principal activity of Engineered Technical Solutions LLP is Management Consultancy.

 

Thompson Consultancy Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

19,996

14,479

Accruals and deferred income

1,200

1,100

Other creditors

75

37

21,271

15,616

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary share of £1 each

1

1

1

1