0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-30 Sage Accounts Production Advanced 2023 - FRS102_2023 5,122 2,785 584 3,369 1,753 2,337 xbrli:pure xbrli:shares iso4217:GBP 08501149 2024-04-30 2025-04-29 08501149 2025-04-29 08501149 2024-04-29 08501149 2023-04-30 2024-04-29 08501149 2024-04-29 08501149 2023-04-29 08501149 core:FurnitureFittings 2024-04-30 2025-04-29 08501149 bus:Director2 2024-04-30 2025-04-29 08501149 core:FurnitureFittings 2024-04-29 08501149 core:FurnitureFittings 2025-04-29 08501149 core:WithinOneYear 2025-04-29 08501149 core:WithinOneYear 2024-04-29 08501149 core:AfterOneYear 2025-04-29 08501149 core:AfterOneYear 2024-04-29 08501149 core:ShareCapital 2025-04-29 08501149 core:ShareCapital 2024-04-29 08501149 core:RetainedEarningsAccumulatedLosses 2025-04-29 08501149 core:RetainedEarningsAccumulatedLosses 2024-04-29 08501149 core:FurnitureFittings 2024-04-29 08501149 bus:SmallEntities 2024-04-30 2025-04-29 08501149 bus:AuditExemptWithAccountantsReport 2024-04-30 2025-04-29 08501149 bus:SmallCompaniesRegimeForAccounts 2024-04-30 2025-04-29 08501149 bus:PrivateLimitedCompanyLtd 2024-04-30 2025-04-29 08501149 bus:FullAccounts 2024-04-30 2025-04-29
COMPANY REGISTRATION NUMBER: 08501149

THISYEAR LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

29 April 2025

THISYEAR LIMITED

STATEMENT OF FINANCIAL POSITION

29 April 2025

| 2025 | 2024
Note | £ | £ | £ | £

FIXED ASSETS

Tangible assets | 4 |  | 1,753 |  | 2,337

CURRENT ASSETS

Debtors | 5 | 950,327 |  | 1,173,576 |
Investments | 6 | 86,836 |  | 632,915 |
Cash at bank and in hand | 257,675 |  | 160,857 |
| ------------ |  | ------------ |
| 1,294,838 |  | 1,967,348 |

CREDITORS: amounts falling due within one year | 7 | ( 260,236) |  | ( 1,466,672) |
| ------------ |  | ------------ |
NET CURRENT ASSETS |  | 1,034,602 |  | 500,676
|  | ------------ |  | ---------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 1,036,355 |  | 503,013

CREDITORS: amounts falling due after more than one year | 8 |  | ( 727) |  | ( 10,951)
|  | ------------ |  | ---------
NET ASSETS |  | 1,035,628 |  | 492,062
|  | ------------ |  | ---------

CAPITAL AND RESERVES

Called up share capital |  | 100 |  | 100
Profit and loss account |  | 1,035,528 |  | 491,962
|  | ------------ |  | ---------
SHAREHOLDERS FUNDS |  | 1,035,628 |  | 492,062
|  | ------------ |  | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 29 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

THISYEAR LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

29 April 2025
These financial statements were approved by the board of directors and authorised for issue on 14 January 2026 , and are signed on behalf of the board by:

H D Glynn
Director

Company registration number: 08501149

THISYEAR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 29 APRIL 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, LS1 4DJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of services supplied during the year exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences at the reporting date.
Operating leases
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation to date.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 25% reducing balance

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. TANGIBLE ASSETS

| Fixtures and fittings
| £
Cost |
At 30 April 2024 and 29 April 2025 | 5,122
| -------
Depreciation |
At 30 April 2024 | 2,785
Charge for the year | 584
| -------
At 29 April 2025 | 3,369
| -------
Carrying amount |
At 29 April 2025 | 1,753
| -------
At 29 April 2024 | 2,337
| -------

5. DEBTORS

| 2025 | 2024
| £ | £
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 950,327 | 1,168,182
Other debtors | – | 5,394
| --------- | ------------
| 950,327 | 1,173,576
| --------- | ------------

6. INVESTMENTS

| 2025 | 2024
| £ | £
Current asset investments | 86,836 | 632,915
| -------- | ---------

7. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 10,648 | 10,648
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 50,000 | 364,999
Corporation tax | 151,555 | –
Other creditors | 45,033 | 334,421
Loans | – | 753,004
Other creditors | 3,000 | 3,600
| --------- | ------------
| 260,236 | 1,466,672
| --------- | ------------

8. CREDITORS: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 727 | 10,951
| ---- | --------