Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-11-01falsemanagement consultancy services11falsetruefalse 06722739 2023-11-01 2024-10-31 06722739 2022-11-01 2023-10-31 06722739 2024-10-31 06722739 2023-10-31 06722739 c:Director1 2023-11-01 2024-10-31 06722739 d:FurnitureFittings 2024-10-31 06722739 d:FurnitureFittings 2023-10-31 06722739 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 06722739 d:OfficeEquipment 2023-11-01 2024-10-31 06722739 d:CurrentFinancialInstruments 2024-10-31 06722739 d:CurrentFinancialInstruments 2023-10-31 06722739 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 06722739 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 06722739 d:ShareCapital 2024-10-31 06722739 d:ShareCapital 2023-10-31 06722739 d:RetainedEarningsAccumulatedLosses 2024-10-31 06722739 d:RetainedEarningsAccumulatedLosses 2023-10-31 06722739 c:FRS102 2023-11-01 2024-10-31 06722739 c:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 06722739 c:FullAccounts 2023-11-01 2024-10-31 06722739 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 06722739 2 2023-11-01 2024-10-31 06722739 6 2023-11-01 2024-10-31 06722739 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Registered number: 06722739










THIN LINE MANAGEMENT SERVICES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 OCTOBER 2024

 
THIN LINE MANAGEMENT SERVICES LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THIN LINE MANAGEMENT SERVICES LTD
FOR THE YEAR ENDED 31 OCTOBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thin Line Management Services Ltd for the year ended 31 October 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Thin Line Management Services Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Thin Line Management Services Ltd and state those matters that we have agreed to state to the director of Thin Line Management Services Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thin Line Management Services Ltd and its director for our work or for this report. 

It is your duty to ensure that Thin Line Management Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Thin Line Management Services Ltd. You consider that Thin Line Management Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Thin Line Management Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
12 Church Street
Cromer
Norfolk
NR27 9ER
26 June 2025
Page 1

 
THIN LINE MANAGEMENT SERVICES LTD
REGISTERED NUMBER: 06722739

BALANCE SHEET
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
288
385

Investments
 5 
500
500

  
788
885

Current assets
  

Debtors: amounts falling due within one year
 6 
176
4,347

Cash at bank and in hand
 7 
53
21

  
229
4,368

Creditors: amounts falling due within one year
 8 
(810)
(4,290)

Net current (liabilities)/assets
  
 
 
(581)
 
 
78

Total assets less current liabilities
  
207
963

  

Net assets
  
207
963


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
107
863

  
207
963


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.


Page 2

 
THIN LINE MANAGEMENT SERVICES LTD
REGISTERED NUMBER: 06722739
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2024

Mr Geoffrey Webster
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
THIN LINE MANAGEMENT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

The Company is a private company limited by shares.  It is both incorporated and domiciled in England and Wales.  The address of its registered office is 12 Church Street, Cromer, Norfolk, NR27 9ER.
The company's principle activity is that of a management consultancy services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
THIN LINE MANAGEMENT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
THIN LINE MANAGEMENT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 November 2023
910



At 31 October 2024

910



Depreciation


At 1 November 2023
525


Charge for the year on owned assets
97



At 31 October 2024

622



Net book value



At 31 October 2024
288



At 31 October 2023
385


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 November 2023
500



At 31 October 2024
500





6.


Debtors

2024
2023
Page 6

 
THIN LINE MANAGEMENT SERVICES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.Debtors (continued)

£
£


Other debtors
176
4,347

176
4,347



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
53
21

53
21



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
3,672

Other creditors
156
-

Accruals and deferred income
654
618

810
4,290


 
Page 7