1 April 2024 false No description of principal activity Taxfiler 2024.6 07064552 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07064552 2024-03-31 07064552 2024-04-01 2025-03-31 07064552 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07064552 business:FilletedAccounts 2024-04-01 2025-03-31 07064552 2025-03-31 07064552 business:Director1 2024-04-01 2025-03-31 07064552 business:RegisteredOffice 2024-04-01 2025-03-31 07064552 2024-03-31 07064552 core:WithinOneYear 2025-03-31 07064552 core:WithinOneYear 2024-03-31 07064552 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 07064552 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 07064552 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 07064552 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 07064552 core:PreviouslyStatedAmount 2025-03-31 07064552 core:PreviouslyStatedAmount 2024-03-31 07064552 business:SmallEntities 2024-04-01 2025-03-31 07064552 countries:EnglandWales 2024-04-01 2025-03-31 07064552 core:FurnitureFittings 2024-04-01 2025-03-31 07064552 core:ComputerEquipment 2024-04-01 2025-03-31 07064552 core:FurnitureFittings 2024-03-31 07064552 core:FurnitureFittings 2025-03-31 07064552 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07064552 (England and Wales)
Thrive Business Services Limited Unaudited accounts for the year ended 31 March 2025
Thrive Business Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Thrive Business Services Limited Company Information for the year ended 31 March 2025
Director
Daniel Baker
Company Number
07064552 (England and Wales)
Registered Office
93 Willian Way Letchworth Garden City Herts SG6 2HY
- 3 -
Thrive Business Services Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
699
932
Current assets
Debtors
5
17
-
Cash at bank and in hand
6,804
10,681
6,821
10,681
Creditors: amounts falling due within one year
6
(247)
(3,287)
Net current assets
6,574
7,394
Net assets
7,273
8,326
Capital and reserves
Called up share capital
100
100
Profit and loss account
7,173
8,226
Shareholders' funds
7,273
8,326
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 1 December 2025 and were signed on its behalf by
Daniel Baker Director Company Registration No. 07064552
- 4 -
Thrive Business Services Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Thrive Business Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07064552. The registered office is 93 Willian Way, Letchworth Garden City, Herts, SG6 2HY.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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% cost
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
10,953
At 31 March 2025
10,953
Depreciation
At 1 April 2024
10,021
Charge for the year
233
At 31 March 2025
10,254
Net book value
At 31 March 2025
699
At 31 March 2024
932
- 5 -
Thrive Business Services Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
5
-
Other debtors
12
-
17
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
1,537
Taxes and social security
(187)
1,262
Accruals
434
488
247
3,287
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -