Thanet Computer Solutions Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11670684

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		3,333		7,333
Tangible Assets	5		18,172		1,715

			21,505		9,048
CURRENT ASSETS
Stocks		808		798
Debtors	6	10,055		5,156
Cash at bank and in hand		7,958		17,566

		18,821		23,520
Creditors: Amounts Falling Due Within One Year	7	(29,419 )		(26,222 )

NET CURRENT ASSETS (LIABILITIES)			(10,598 )		(2,702 )

TOTAL ASSETS LESS CURRENT LIABILITIES			10,907		6,346

NET ASSETS			10,907		6,346

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			10,807		6,246

SHAREHOLDERS' FUNDS			10,907		6,346

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Thanet Computer Solutions Ltd

Balance Sheet (continued)

As At 31 March 2025

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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs A Bates Director	Mr S Bates Director
20/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Thanet Computer Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11670684 . The registered office is The Marlowe Innovation Centre, Marlowe Way, Ramsgate, Kent, CT12 6FA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	20% reducing balance
Fixtures & Fittings	25% on cost
Computer Equipment	33% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

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Thanet Computer Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	20,000

As at 31 March 2025	20,000

Amortisation
As at 1 April 2024	12,667
Provided during the period	4,000

As at 31 March 2025	16,667

Net Book Value
As at 31 March 2025	3,333

As at 1 April 2024	7,333

5. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	3,506
Additions	17,762

As at 31 March 2025	21,268

...CONTINUED

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Thanet Computer Solutions Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	1,791
Provided during the period	1,305

As at 31 March 2025	3,096

Net Book Value
As at 31 March 2025	18,172

As at 1 April 2024	1,715

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	8,549	3,128
Other debtors	1,506	2,028

	10,055	5,156

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,823	-
Other creditors	5,106	10,151
Taxation and social security	16,490	16,071

	29,419	26,222

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