REGISTERED NUMBER: |
THINK Digital Solutions Ltd |
Unaudited Financial Statements |
for the Period 1st January 2024 to 18th February 2025 |
REGISTERED NUMBER: |
THINK Digital Solutions Ltd |
Unaudited Financial Statements |
for the Period 1st January 2024 to 18th February 2025 |
THINK Digital Solutions Ltd (Registered number: 08098477) |
Contents of the Financial Statements |
for the Period 1st January 2024 to 18th February 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
THINK Digital Solutions Ltd |
Company Information |
for the Period 1st January 2024 to 18th February 2025 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Investment House |
24 Vicarage Road |
Winslow |
Buckinghamshire |
MK18 3BE |
THINK Digital Solutions Ltd (Registered number: 08098477) |
Balance Sheet |
18th February 2025 |
18.2.25 | 31.12.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
CURRENT ASSETS |
Inventories |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
THINK Digital Solutions Ltd (Registered number: 08098477) |
Balance Sheet - continued |
18th February 2025 |
The financial statements were approved by the Board of Directors and authorised for issue on |
THINK Digital Solutions Ltd (Registered number: 08098477) |
Notes to the Financial Statements |
for the Period 1st January 2024 to 18th February 2025 |
1. | STATUTORY INFORMATION |
THINK Digital Solutions Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
THINK Digital Solutions Ltd (Registered number: 08098477) |
Notes to the Financial Statements - continued |
for the Period 1st January 2024 to 18th February 2025 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
machinery |
etc |
£ |
COST |
At 1st January 2024 |
Disposals | ( |
) |
At 18th February 2025 |
DEPRECIATION |
At 1st January 2024 |
Eliminated on disposal | ( |
) |
At 18th February 2025 |
NET BOOK VALUE |
At 18th February 2025 |
At 31st December 2023 |
THINK Digital Solutions Ltd (Registered number: 08098477) |
Notes to the Financial Statements - continued |
for the Period 1st January 2024 to 18th February 2025 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
18.2.25 | 31.12.23 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
18.2.25 | 31.12.23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
18.2.25 | 31.12.23 |
£ | £ |
Other creditors |