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REGISTERED NUMBER: SC461481 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Think.in.form Ltd

Think.in.form Ltd (Registered number: SC461481)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Think.in.form Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Adrian John Lear
Jane Victoria Wilde





REGISTERED OFFICE: Strongarbh House
Tobermory
Isle Of Mull
Argyll
PA75 6AG





REGISTERED NUMBER: SC461481 (Scotland)





ACCOUNTANTS: Mackay & Co CA
120 George Street
Oban
Argyll
PA34 5NT

Think.in.form Ltd (Registered number: SC461481)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,536 1,321
Investments 5 75 75
2,611 1,396

CURRENT ASSETS
Debtors 6 52,410 67,500
Cash at bank 23,388 12,436
75,798 79,936
CREDITORS
Amounts falling due within one year 7 76,156 90,318
NET CURRENT LIABILITIES (358 ) (10,382 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,253

(8,986

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,153 (9,086 )
SHAREHOLDERS' FUNDS 2,253 (8,986 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.in.form Ltd (Registered number: SC461481)

Balance Sheet - continued
31 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 2 July 2025 and were signed on its behalf by:





Adrian John Lear - Director


Think.in.form Ltd (Registered number: SC461481)

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

1. STATUTORY INFORMATION

Think.in.form Ltd is a private company, limited by shares , registered in Scotland. 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Think.in.form Ltd (Registered number: SC461481)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 7,538
Additions 3,228
Disposals (3,972 )
At 31 December 2024 6,794
DEPRECIATION
At 1 January 2024 6,217
Charge for year 846
Eliminated on disposal (2,805 )
At 31 December 2024 4,258
NET BOOK VALUE
At 31 December 2024 2,536
At 31 December 2023 1,321

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2024
and 31 December 2024 75
NET BOOK VALUE
At 31 December 2024 75
At 31 December 2023 75

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 52,410 67,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 12,709 12,624
Other creditors 63,447 77,694
76,156 90,318

Think.in.form Ltd (Registered number: SC461481)

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

8. RELATED PARTY DISCLOSURES

Think.in.form Ltd owns 75% of the share capital of Tourbook CIC; the Directors of Think.in.form Ltd are also Directors of Tourbook CIC.

At 31 December 2024 Think.in.form Ltd was owed £52,200 Inc VAT by Tourbook CIC (2023 £67,500)