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Company Registration No. 07153695 (England and Wales)
Think Logistics & Solutions Ltd Unaudited accounts for the year ended 31 December 2024
Think Logistics & Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Think Logistics & Solutions Ltd Company Information for the year ended 31 December 2024
Director
James Kirton
Company Number
07153695 (England and Wales)
Registered Office
NO 5 CROYDON LANE BANSTEAD SURREY SM7 3AS ENGLAND
Accountants
Omid Nabbey Chessington Business Centre Cox Lane Chessington Surrey KT9 1SD
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Think Logistics & Solutions Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
14,085 
Current assets
Inventories
2 
4,000 
Debtors
5
35,560 
43,261 
Cash at bank and in hand
(6,546)
(6,456)
29,016 
40,805 
Creditors: amounts falling due within one year
6
(52,811)
(48,923)
Net current liabilities
(23,795)
(8,118)
Total assets less current liabilities
(23,795)
5,967 
Creditors: amounts falling due after more than one year
7
(24,199)
(33,472)
Net liabilities
(47,994)
(27,505)
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
18,855 
18,855 
Profit and loss account
(66,949)
(46,460)
Shareholders' funds
(47,994)
(27,505)
For the year ending 31 December 2024 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 3 June 2025 and were signed on its behalf by
James Kirton Director Company Registration No. 07153695
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Think Logistics & Solutions Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Think Logistics & Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07153695. The registered office is NO 5, CROYDON LANE, BANSTEAD, SURREY, SM7 3AS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
65,730 
35,515 
2,300 
103,545 
Disposals
(14,085)
- 
- 
(14,085)
At 31 December 2024
51,645 
35,515 
2,300 
89,460 
Depreciation
At 1 January 2024
51,645 
35,515 
2,300 
89,460 
At 31 December 2024
51,645 
35,515 
2,300 
89,460 
Net book value
At 31 December 2024
- 
- 
- 
- 
At 31 December 2023
14,085 
- 
- 
14,085 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
808 
1,710 
Trade debtors
17,494 
24,058 
18,302 
25,768 
Amounts falling due after more than one year
Other debtors
17,258 
17,493 
- 5 -
Think Logistics & Solutions Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
70 
- 
Trade creditors
43,839 
39,705 
Taxes and social security
6,789 
6,789 
Other creditors
2,113 
2,229 
Loans from directors
- 
200 
52,811 
48,923 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
22,674 
33,472 
Other creditors
1,525 
- 
24,199 
33,472 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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