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REGISTERED NUMBER: 04338588 (England and Wales)















THINK Consulting Solutions Limited

Unaudited Financial Statements for the Year Ended 31st December 2024






THINK Consulting Solutions Limited (Registered number: 04338588)






Contents of the Financial Statements
for the Year Ended 31st December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THINK Consulting Solutions Limited

Company Information
for the Year Ended 31st December 2024







DIRECTORS: Mrs. M E Pease
Mr M J Smith
Mrs J M Bradley
Mr G W Kernahan





REGISTERED OFFICE: Investment House
24 Vicarage Road
Winslow
Buckinghamshire
MK18 3BE





REGISTERED NUMBER: 04338588 (England and Wales)





ACCOUNTANTS: Courts Accountancy Services Ltd
Investment House
24 Vicarage Road
Winslow
Buckinghamshire
MK18 3BE

THINK Consulting Solutions Limited (Registered number: 04338588)

Balance Sheet
31st December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,593 7,002

CURRENT ASSETS
Stocks 774 -
Debtors 5 129,056 409,769
Cash at bank 563,006 841,579
692,836 1,251,348
CREDITORS
Amounts falling due within one year 6 384,846 501,537
NET CURRENT ASSETS 307,990 749,811
TOTAL ASSETS LESS CURRENT
LIABILITIES

317,583

756,813

CAPITAL AND RESERVES
Called up share capital 360 360
Retained earnings 317,223 756,453
SHAREHOLDERS' FUNDS 317,583 756,813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

THINK Consulting Solutions Limited (Registered number: 04338588)

Balance Sheet - continued
31st December 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 25th March 2025 and were signed on its behalf by:





Mrs. M E Pease - Director


THINK Consulting Solutions Limited (Registered number: 04338588)

Notes to the Financial Statements
for the Year Ended 31st December 2024

1. STATUTORY INFORMATION

THINK Consulting Solutions 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.

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 etc - 25% on reducing balance

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 stocks to their present location and condition.

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.


THINK Consulting Solutions Limited (Registered number: 04338588)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 11 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024 43,681
Additions 4,380
At 31st December 2024 48,061
DEPRECIATION
At 1st January 2024 36,679
Charge for year 1,789
At 31st December 2024 38,468
NET BOOK VALUE
At 31st December 2024 9,593
At 31st December 2023 7,002

THINK Consulting Solutions Limited (Registered number: 04338588)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 128,396 177,069
Amounts owed by associates - 232,040
Other debtors 660 660
129,056 409,769

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 19,912 19,888
Taxation and social security 93,136 115,046
Other creditors 271,798 366,603
384,846 501,537