Company Registration No. 12088090 (England and Wales)
THRIVE DIGITAL LTD
Unaudited accounts
for the year ended 31 March 2025
THRIVE DIGITAL LTD
Unaudited accounts
Contents
THRIVE DIGITAL LTD
Company Information
for the year ended 31 March 2025
Company Number
12088090 (England and Wales)
Registered Office
6 CROSSLAND CLOSE
GOSPORT
UNITED KINGDOM
PO12 2BP
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
THRIVE DIGITAL LTD
Accountants' report
Accountants' report to the director of THRIVE DIGITAL LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
THRIVE DIGITAL LTD for the year ended
31 March 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of THRIVE DIGITAL LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of THRIVE DIGITAL LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THRIVE DIGITAL LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that THRIVE DIGITAL LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of THRIVE DIGITAL LTD. You consider that THRIVE DIGITAL LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of THRIVE DIGITAL 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 accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
13 May 2025
THRIVE DIGITAL LTD
Statement of financial position
as at 31 March 2025
Intangible assets
15,016
16,766
Cash at bank and in hand
(162)
4,268
Creditors: amounts falling due within one year
(28,653)
(32,231)
Net current liabilities
(28,095)
(27,011)
Total assets less current liabilities
(12,220)
(9,665)
Creditors: amounts falling due after more than one year
(3,528)
(4,104)
Net liabilities
(15,748)
(13,769)
Called up share capital
1
1
Profit and loss account
(15,749)
(13,770)
Shareholders' funds
(15,748)
(13,769)
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 May 2025 and were signed on its behalf by
Stuart J Mcindoe
Director
Company Registration No. 12088090
THRIVE DIGITAL LTD
Notes to the Accounts
for the year ended 31 March 2025
THRIVE DIGITAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12088090. The registered office is 6 CROSSLAND CLOSE, GOSPORT, UNITED KINGDOM, PO12 2BP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
10% Straight Line
4
Intangible fixed assets
Other
THRIVE DIGITAL LTD
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2025
189
1,061
1,250
Charge for the year
46
242
288
At 31 March 2025
46
345
391
At 31 March 2025
143
716
859
At 31 March 2024
-
580
580
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
25,926
31,851
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
THRIVE DIGITAL LTD
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(31,851)
(11,306)
(17,231)
(25,926)
(31,851)
(11,306)
(17,231)
(25,926)
11
Average number of employees
During the year the average number of employees was 1 (2024: 1).