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Company Registration No. 08451074 (England and Wales)
Think Changers Ltd Unaudited accounts for the year ended 30 April 2024
Think Changers Ltd Unaudited accounts Contents
Page
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Think Changers Ltd Company Information for the year ended 30 April 2024
Directors
Stefan Kovach Lisa Butler
Company Number
08451074 (England and Wales)
Registered Office
THINK CHANGERS LTD 20 Wenlock Road London N1 7GU England
Accountants
By the Book Accountancy Limited 111 New Union Street Coventry CV1 2NT
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Think Changers Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
211,328 
306,182 
Tangible assets
1,399 
1,399 
212,727 
307,581 
Current assets
Debtors
74,068 
69,807 
Cash at bank and in hand
351,924 
249,820 
425,992 
319,627 
Creditors: amounts falling due within one year
(34,010)
(20,225)
Net current assets
391,982 
299,402 
Total assets less current liabilities
604,709 
606,983 
Provisions for liabilities
Deferred tax
(464)
(464)
Net assets
604,245 
606,519 
Capital and reserves
Called up share capital
10 
10 
Revaluation reserve
(43,314)
- 
Profit and loss account
647,549 
606,509 
Shareholders' funds
604,245 
606,519 
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by
Stefan Kovach Director Company Registration No. 08451074
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Think Changers Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Think Changers Ltd is a private company, limited by shares, registered in England and Wales, registration number 08451074. The registered office is THINK CHANGERS LTD, 20 Wenlock Road, London, N1 7GU, England.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
306,182 
Disposals
(87,246)
Revaluations
(7,608)
At 30 April 2024
211,328 
Amortisation
At 1 May 2023
- 
At 30 April 2024
- 
Net book value
At 30 April 2024
211,328 
At 30 April 2023
306,182 
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Think Changers Ltd Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
7,964 
72 
8,036 
At 30 April 2024
7,964 
72 
8,036 
Depreciation
At 1 May 2023
6,637 
- 
6,637 
At 30 April 2024
6,637 
- 
6,637 
Net book value
At 30 April 2024
1,327 
72 
1,399 
At 30 April 2023
1,327 
72 
1,399 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,492 
1,230 
Other debtors
15,000 
15,001 
20,492 
16,231 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
53,576 
53,576 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
597 
597 
Other creditors
(9,314)
26 
Loans from directors
38,977 
15,852 
Accruals
3,750 
3,750 
34,010 
20,225 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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