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REGISTERED NUMBER: 10842200 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

THINK UNTHINKABLE LIMITED

THINK UNTHINKABLE LIMITED (REGISTERED NUMBER: 10842200)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THINK UNTHINKABLE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: N K Gowing





REGISTERED OFFICE: 115c Milton Road
Cambridge
CB4 1XE





REGISTERED NUMBER: 10842200 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

THINK UNTHINKABLE LIMITED (REGISTERED NUMBER: 10842200)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,253 305

CURRENT ASSETS
Work in progress 5,312 6,750
Debtors 5 12,143 3,859
Cash at bank 177,854 203,375
195,309 213,984
CREDITORS
Amounts falling due within one year 6 88,778 85,461
NET CURRENT ASSETS 106,531 128,523
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,784

128,828

CREDITORS
Amounts falling due after more than one
year

7

9,167

19,167
NET ASSETS 98,617 109,661

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 1 1
Retained earnings 98,615 109,659
SHAREHOLDERS' FUNDS 98,617 109,661

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 UNTHINKABLE LIMITED (REGISTERED NUMBER: 10842200)

BALANCE SHEET - continued
30 JUNE 2024


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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 March 2025 and were signed by:





N K Gowing - Director


THINK UNTHINKABLE LIMITED (REGISTERED NUMBER: 10842200)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Think Unthinkable Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on cost

Work in progress
Work in progress is valued at the lower of cost and net realisable value.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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 year was 1 (2023 - 2 ) .

THINK UNTHINKABLE LIMITED (REGISTERED NUMBER: 10842200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 July 2023 3,274
Additions 1,399
At 30 June 2024 4,673
DEPRECIATION
At 1 July 2023 2,969
Charge for year 451
At 30 June 2024 3,420
NET BOOK VALUE
At 30 June 2024 1,253
At 30 June 2023 305

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,488 192
Tax - 2,650
VAT - 374
Prepayments 655 643
12,143 3,859

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 10,000 10,000
Trade creditors 1,926 1,688
Social security and other taxes 874 1,936
VAT 3,807 -
Due to pension company 300 451
Director's current account 68,871 68,386
Accrued expenses 3,000 3,000
88,778 85,461

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other loans - 1-2 years 9,167 10,000
Other loans - 2-5 years - 9,167
9,167 19,167

THINK UNTHINKABLE LIMITED (REGISTERED NUMBER: 10842200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is N K Gowing.