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REGISTERED NUMBER: 04233940 (England and Wales)











THINK PC LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






THINK PC LIMITED (REGISTERED NUMBER: 04233940)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


THINK PC LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: L W Holdaway





SECRETARY: Mrs S J Holdaway





REGISTERED OFFICE: 20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE





REGISTERED NUMBER: 04233940 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

THINK PC LIMITED (REGISTERED NUMBER: 04233940)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,000 27,952
Investments 5 10,670 372,674
29,670 400,626

CURRENT ASSETS
Debtors 6 60,823 608,344
Cash at bank 774,117 286,519
834,940 894,863
CREDITORS
Amounts falling due within one year 7 549,648 227,220
NET CURRENT ASSETS 285,292 667,643
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,962

1,068,269

CREDITORS
Amounts falling due after more than
one year

8

12,123

14,792
NET ASSETS 302,839 1,053,477

CAPITAL AND RESERVES
Called up share capital 9 100 100
Share premium 886,904 886,904
Fair value reserve - 121,806
Retained earnings (584,165 ) 44,667
SHAREHOLDERS' FUNDS 302,839 1,053,477

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

THINK PC LIMITED (REGISTERED NUMBER: 04233940)

BALANCE SHEET - continued
31ST 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 director and authorised for issue on 20th August 2025 and were signed by:





L W Holdaway - Director


THINK PC LIMITED (REGISTERED NUMBER: 04233940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

Think PC Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Think PC Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents net fees receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Other assets - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

THINK PC LIMITED (REGISTERED NUMBER: 04233940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Other and Computer
assets fittings equipment Totals
£    £    £    £   
COST
At 1st January 2024 54,160 721 160 55,041
Disposals (31,807 ) (721 ) (160 ) (32,688 )
At 31st December 2024 22,353 - - 22,353
DEPRECIATION
At 1st January 2024 26,518 450 121 27,089
Charge for year 3,353 - - 3,353
Eliminated on disposal (26,518 ) (450 ) (121 ) (27,089 )
At 31st December 2024 3,353 - - 3,353
NET BOOK VALUE
At 31st December 2024 19,000 - - 19,000
At 31st December 2023 27,642 271 39 27,952

5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Shares in group undertakings - 200
Other investments not loans 10,670 372,474
10,670 372,674

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1st January 2024 200
Disposals (200 )
At 31st December 2024 -
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 200

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   

THINK PC LIMITED (REGISTERED NUMBER: 04233940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


5. FIXED ASSET INVESTMENTS - continued
Other assets 10,670 372,474

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - Loans 57,000 475,768
Due from group companies 1,900 130,953
Other debtors 1,923 1,623
60,823 608,344

The Company holds a charge over the fixed assets of its subsidiary, Aspire 24/7 Limited relating to the amount due above.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,647 2,647
Trade creditors 2,884 3,316
Due to group company-DCF (UK) Ltd - 37,105
Other creditors 540,877 181,068
Accrued expenses 3,240 3,084
549,648 227,220

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 2,647 2,647
Bank loans - 2-5 years 7,941 7,941
Bank loans more 5 yr by instal 1,535 4,204
12,123 14,792

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,535 4,204

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100