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REGISTERED NUMBER: 11427518 (England and Wales)















THOROUGH EXAMINATION CONSULTANTS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






THOROUGH EXAMINATION CONSULTANTS LTD (REGISTERED NUMBER: 11427518)

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










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


THOROUGH EXAMINATION CONSULTANTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: D A Hackett
Mrs L J Hackett





SECRETARY:





REGISTERED OFFICE: 12 Prosper Meadow
Kingswinford
West Midlands
DY6 8BA





REGISTERED NUMBER: 11427518 (England and Wales)





ACCOUNTANTS: PPG Accountants Ltd
Ferndale House
3 Firs Street
Dudley
West Midlands
DY2 7DN

THOROUGH EXAMINATION CONSULTANTS LTD (REGISTERED NUMBER: 11427518)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,697 3,592

CURRENT ASSETS
Debtors 5 44,886 21,534
Cash at bank 92,627 91,253
137,513 112,787
CREDITORS
Amounts falling due within one year 6 92,538 78,983
NET CURRENT ASSETS 44,975 33,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,672

37,396

PROVISIONS FOR LIABILITIES 7 513 712
NET ASSETS 47,159 36,684

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 47,157 36,682
SHAREHOLDERS' FUNDS 11 47,159 36,684

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 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.

THOROUGH EXAMINATION CONSULTANTS LTD (REGISTERED NUMBER: 11427518)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:




D A Hackett - Director



Mrs L J Hackett - Director


THOROUGH EXAMINATION CONSULTANTS LTD (REGISTERED NUMBER: 11427518)

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


1. STATUTORY INFORMATION

Thorough Examination Consultants Ltd 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.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year 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.

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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

THOROUGH EXAMINATION CONSULTANTS LTD (REGISTERED NUMBER: 11427518)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 12,220 1,450 2,365 16,035
DEPRECIATION
At 1 July 2023 9,319 1,106 2,018 12,443
Charge for year 724 86 85 895
At 30 June 2024 10,043 1,192 2,103 13,338
NET BOOK VALUE
At 30 June 2024 2,177 258 262 2,697
At 30 June 2023 2,901 344 347 3,592

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 51,534 23,948
Bad debt provision (6,648 ) (2,414 )
44,886 21,534

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,339 3,189
Tax 3,171 (1,224 )
Salaries control 5,000 -
PAYE control 1,766 2,006
VAT 5,854 3,464
Directors' current accounts 73,408 71,548
92,538 78,983

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 513 712

THOROUGH EXAMINATION CONSULTANTS LTD (REGISTERED NUMBER: 11427518)

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


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 712
Provided during year (199 )
Balance at 30 June 2024 513

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 July 2023 36,682
Profit for the year 12,475
Dividends (2,000 )
At 30 June 2024 47,157

10. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr D A Hackett and Mrs L J Hackett, who own 100% of the issued share capital

11. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
2024 2023
£    £   
Profit for the financial year 12,475 2,412
Dividends (2,000 ) (4,000 )
Net addition/(reduction) to shareholders' funds 10,475 (1,588 )
Opening shareholders' funds 36,684 38,272
Closing shareholders' funds 47,159 36,684