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Company Registration No. 11383260 (England and Wales)
Thoughtify Ltd Unaudited accounts for the year ended 31 May 2024
Thoughtify Ltd Unaudited accounts Contents
Page
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Thoughtify Ltd Company Information for the year ended 31 May 2024
Director
Mr Thomas Fox
Secretary
Non Appointed
Company Number
11383260 (England and Wales)
Registered Office
28 Chapel Walk Coulsdon Surrey CR5 1NZ
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Thoughtify Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,199 
4,398 
Current assets
Debtors
13,311 
15,001 
Cash at bank and in hand
205 
28,163 
13,516 
43,164 
Creditors: amounts falling due within one year
(5,323)
(8,987)
Net current assets
8,193 
34,177 
Total assets less current liabilities
10,392 
38,575 
Creditors: amounts falling due after more than one year
(10,036)
(15,036)
Net assets
356 
23,539 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
256 
23,439 
Shareholders' funds
356 
23,539 
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 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 12 February 2025 and were signed on its behalf by
Mr Thomas Fox Director Company Registration No. 11383260
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Thoughtify Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Thoughtify Ltd is a private company, limited by shares, registered in England and Wales, registration number 11383260. The registered office is 28 Chapel Walk, Coulsdon, Surrey, CR5 1NZ.
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:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
3,922 
7,423 
2,636 
13,981 
At 31 May 2024
3,922 
7,423 
2,636 
13,981 
Depreciation
At 1 June 2023
3,921 
3,712 
1,950 
9,583 
Charge for the year
- 
1,856 
343 
2,199 
At 31 May 2024
3,921 
5,568 
2,293 
11,782 
Net book value
At 31 May 2024
1 
1,855 
343 
2,199 
At 31 May 2023
1 
3,711 
686 
4,398 
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Thoughtify Ltd Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,044 
6,624 
Other debtors
12,267 
8,377 
13,311 
15,001 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,411 
7,655 
Accruals
912 
1,332 
5,323 
8,987 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,036 
15,036 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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