HIGHER THOUGHTS LIMITED

Company Registration Number:
08233047 (England and Wales)

Unaudited statutory accounts for the year ended 29 September 2023

Period of accounts

Start date: 30 September 2022

End date: 29 September 2023

HIGHER THOUGHTS LIMITED

Contents of the Financial Statements

for the Period Ended 29 September 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

HIGHER THOUGHTS LIMITED

Directors' report period ended 29 September 2023

The directors present their report with the financial statements of the company for the period ended 29 September 2023

Principal activities of the company

Software consultancy services

Additional information

REVIEW OF BUSINESS AND FUTURE DEVELOPMENTS The company provides software consultancy services to clients. During the year ended 29 September 2023, the company generated revenue of £24,520.11 and incurred expenses of £26,816.28, resulting in a LOSS of £2,296.17. The directors continue to review the business operations and seek opportunities for growth while maintaining cost control. STATEMENT OF DIRECTORS' RESPONSIBILITIES The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company. SMALL COMPANY PROVISIONS This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.



Directors

The director shown below has held office during the whole of the period from
30 September 2022 to 29 September 2023

Hanson Djiga Aboagye


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 July 2025

And signed on behalf of the board by:
Name: Hanson Djiga Aboagye
Status: Director

HIGHER THOUGHTS LIMITED

Profit And Loss Account

for the Period Ended 29 September 2023

2023 2022


£

£
Turnover: 24,520 12,672
Gross profit(or loss): 24,520 12,672
Administrative expenses: ( 26,816 ) ( 12,557 )
Operating profit(or loss): (2,296) 115
Profit(or loss) before tax: (2,296) 115
Profit(or loss) for the financial year: (2,296) 115

HIGHER THOUGHTS LIMITED

Balance sheet

As at 29 September 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments: 3 18,750 0
Total fixed assets: 18,750 0
Current assets
Cash at bank and in hand: 0 215
Total current assets: 0 215
Creditors: amounts falling due within one year: 4 ( 2,155 )
Net current assets (liabilities): (2,155) 215
Total assets less current liabilities: 16,595 215
Total net assets (liabilities): 16,595 215
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 16,495 115
Total Shareholders' funds: 16,595 215

The notes form part of these financial statements

HIGHER THOUGHTS LIMITED

Balance sheet statements

For the year ending 29 September 2023 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 applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 July 2025
and signed on behalf of the board by:

Name: Hanson Djiga Aboagye
Status: Director

The notes form part of these financial statements

HIGHER THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HIGHER THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

HIGHER THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2023

3. Fixed assets investments note

FIXED ASSETS - INVESTMENTS The company holds investments in other entities as follows: Investment in BWM Ltd Nature: Mutual investment agreement Cost: £18,750 Carrying value at 29 September 2023: £18,750 Carrying value at 29 September 2022: £0 The investment represents a mutual investment agreement with BWM Ltd entered into during the year ended 29 September 2023. The investment is held at cost as there is no readily available market value and no impairment indicators have been identified. Movement in investments: Balance at 29 September 2022: £0 Additions during the year: £18,750 Balance at 29 September 2023: £18,750

HIGHER THOUGHTS LIMITED

Notes to the Financial Statements

for the Period Ended 29 September 2023

4. Creditors: amounts falling due within one year note

2023
£
Bank loans and overdrafts 2,155
Total 2,155