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REGISTERED NUMBER: 07852135 (England and Wales)















Thrivve Club Ltd

Unaudited Financial Statements for the Year Ended 30 November 2024






Thrivve Club Ltd (Registered number: 07852135)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Thrivve Club Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Mr M Daniels





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 07852135 (England and Wales)





ACCOUNTANTS: Wild & Co Chartered Accountants
Windsor House
Cornwall Road
Harrogate
HG1 2PW

Thrivve Club Ltd (Registered number: 07852135)

Abridged Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,683 2,541

CURRENT ASSETS
Debtors 15,211 19,140
Cash at bank 5,819 12,950
21,030 32,090
CREDITORS
Amounts falling due within one year 7,470 9,777
NET CURRENT ASSETS 13,560 22,313
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,243

24,854

PROVISIONS FOR LIABILITIES 5 4,500 5,250
NET ASSETS 11,743 19,604

CAPITAL AND RESERVES
Called up share capital 6 37 37
Retained earnings 11,706 19,567
SHAREHOLDERS' FUNDS 11,743 19,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Thrivve Club Ltd (Registered number: 07852135)

Abridged Balance Sheet - continued
30 November 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2025 and were signed by:





Mr M Daniels - Director


Thrivve Club Ltd (Registered number: 07852135)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Thrivve Club 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.
Fixtures and fittings - Straight line over 3 years
Computer equipment - Straight line over 3 years

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.

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.

Provisions
Provisions are recognised when the entity has an obligation at the reporting date because of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in the profit and loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit and loss in the period it arises.

Thrivve Club Ltd (Registered number: 07852135)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 5,960
Additions 1,667
At 30 November 2024 7,627
DEPRECIATION
At 1 December 2023 3,419
Charge for year 1,525
At 30 November 2024 4,944
NET BOOK VALUE
At 30 November 2024 2,683
At 30 November 2023 2,541

5. PROVISIONS FOR LIABILITIES
30.11.24 30.11.23
£    £   
Other provisions 4,500 5,250

Bad
Debts
£   
Balance at 1 December 2023 5,250
Credit to Income Statement during year (750 )
Balance at 30 November 2024 4,500

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
37 Ordinary £1 37 37

Thrivve Club Ltd (Registered number: 07852135)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24 30.11.23
£    £   
Mr M Daniels
Balance outstanding at start of year (2,669 ) (8,299 )
Amounts advanced (47,686 ) 46,818
Amounts repaid 59,738 (41,188 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,383 (2,669 )

8. RELATED PARTY DISCLOSURES

Director loan of £9,383 is money advanced to the Director by the Company as at 30 November 2024. The loan is unsecured and interest free. The Director confirms the loan will be repaid by 1 September 2025.