4-THOUGHT PROFESSIONAL SERVICES LIMITED

Company Registration Number:
04295748 (England and Wales)

Unaudited micro entity accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Company Information

for the Period Ended 30 September 2024




Director: Patrick Alexander Jolin
Theresa Ann Scott
David Willoughby
Registered office: Old Police House
High Street
Yarmouth
England
PO41 0PL
Company Registration Number: 04295748 (England and Wales)

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal Activities

The Company’s principal activity remained the provision of business consultancy, project management services, technical audit and software implementation expertise to third-party companies on an ad-hoc basis.

Additional information

Unsurprisingly, this year has again proved challenging for the company due to the shocking and continuing failure of the UK trading environment for small consultancies like ourselves. Despite extensive, time-consuming and expensive attempts to replace the principal revenue generating Client we lost at the end of the last FY (due to their own continued financial issues) we have been unable to secure any significant new business. Plus, again, our income was further adversely affected by our previously established smaller Clients still being unable to offer us the ad-hoc work we had previously provided. As a result, the Company is posting a significant loss for this FY. The Directors have now made the decision that, unless we can secure some form of sustainable (and profitable) revenue generating business by our financial year-end 2025 (September) we will close this 24-year trading, previously profitable and somewhat successful, business; which is a shocking indictment as to the state of the current UK SME business environment.

Directors

The directors shown below have held office during the whole of the period from 01 October 2023 to 30 September 2024
Patrick Alexander Jolin
Theresa Ann Scott
David Willoughby

This report was approved by the board of directors on 31 December 2024
And Signed On Behalf Of The Board By:

Name: Patrick Alexander Jolin
Status: Director

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Profit and Loss Account

for the Period Ended 30 September 2024


2024
£

2023
£
Turnover 17,907 87,604
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 0 ) ( 0 )
Staff Costs ( 28,600 ) ( 49,473 )
Depreciation and Writeoffs ( 0 ) ( 0 )
Other charges ( 37,959 ) ( 43,146 )
Profit or (Loss) for Period ( 48,652 ) ( 5,015 )

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Balance sheet

As at 30 September 2024


2024
£

2023
£
Called up share capital not paid: 2,500 2,500
Fixed Assets: 0 0
Current assets: 4,552 7,514
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 518 ) ( 1,534 )
Net current assets (liabilities): 4,034 5,980
Total assets less current liabilities: 6,534 8,480
Creditors: amounts falling due after more than one year: ( 3,686 ) ( 5,775 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 2,848 2,705
Capital and reserves: 2,848 2,705

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Balance sheet continued

For the year ending 30 September 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 31 December 2024
And Signed On Behalf Of The Board By:

Name: Patrick Alexander Jolin
Status: Director

The notes form part of these financial statements

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Footnotes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Employee Information

    Average number of employees: 2

4-THOUGHT PROFESSIONAL SERVICES LIMITED

Footnotes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Off balance sheet disclosure

    No