Company registration number 08533861 (England and Wales)
THINKING LEGAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
THINKING LEGAL LIMITED
COMPANY INFORMATION
Directors
Mrs J E M Bond
Mr S Bond
Company number
08533861
Registered office
Tower House
Cofton Church Lane
Cofton Hackett
Birmingham
B45 8BH
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Handelsbanken
35 Newhall Street
Birmingham
West Midlands
B3 3PU
THINKING LEGAL LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
THINKING LEGAL LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THINKING LEGAL LIMITED FOR THE YEAR ENDED 31 MAY 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thinking Legal Limited for the year ended 31 May 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Thinking Legal Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Thinking Legal Limited and state those matters that we have agreed to state to the b oard of d irectors of Thinking Legal Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thinking Legal Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Thinking Legal Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Thinking Legal Limited. You consider that Thinking Legal Limited 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 financial statements of Thinking Legal Limited. 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 f inancial statements.

Ormerod Rutter Limited
17 September 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
THINKING LEGAL LIMITED
BALANCE SHEET
AS AT 31 MAY 2025
31 May 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
2,322
1,668
Current assets
Debtors
5
608,905
544,842
Cash at bank and in hand
10,510
86,260
619,415
631,102
Creditors: amounts falling due within one year
6
(108,839)
(121,614)
Net current assets
510,576
509,488
Total assets less current liabilities
512,898
511,156
Provisions for liabilities
7
(581)
(417)
Net assets
512,317
510,739
Capital and reserves
Called up share capital
8
202
202
Profit and loss reserves
512,115
510,537
Total equity
512,317
510,739

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 17 September 2025 and are signed on its behalf by:
Mrs J E M Bond
Director
Company registration number 08533861 (England and Wales)
THINKING LEGAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 3 -
1
Accounting policies
Company information

Thinking Legal Limited is a private company limited by shares incorporated in England and Wales. The registered office is Tower House, Cofton Church Lane, Cofton Hackett, Birmingham, B45 8BH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and has been fully amortised on a systematic basis over its expected life.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33% on cost
Computer equipment
33% on cost
1.5
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

THINKING LEGAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
3
2
3
Intangible fixed assets
Goodwill
£
Cost
At 1 June 2024 and 31 May 2025
316,000
Amortisation and impairment
At 1 June 2024 and 31 May 2025
316,000
Carrying amount
At 31 May 2025
-
0
At 31 May 2024
-
0
THINKING LEGAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
4
Tangible fixed assets
Fixtures and fittings
Computer equipment
Total
£
£
£
Cost
At 1 June 2024
640
14,679
15,319
Additions
1,750
983
2,733
At 31 May 2025
2,390
15,662
18,052
Depreciation and impairment
At 1 June 2024
637
13,014
13,651
Depreciation charged in the year
583
1,496
2,079
At 31 May 2025
1,220
14,510
15,730
Carrying amount
At 31 May 2025
1,170
1,152
2,322
At 31 May 2024
3
1,665
1,668
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
17,712
1,027
Other debtors
591,193
543,815
608,905
544,842
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,806
434
Taxation and social security
84,038
90,833
Other creditors
18,995
30,347
108,839
121,614
7
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
581
417
THINKING LEGAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
140
140
140
140
A Ordinary of £1 each
60
60
60
60
B Ordinary of £1 each
1
1
1
1
C Ordinary of £1 each
1
1
1
1
202
202
202
202
9
Ultimate controlling party

The ultimate controlling party is Mr S Bond and Mrs J E M Bond.

2025-05-31 2024-06-01 false false false 17 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mrs J E M Bond Mr S Bond 08533861 2024-06-01 2025-05-31 08533861 bus:Director1 2024-06-01 2025-05-31 08533861 bus:Director2 2024-06-01 2025-05-31 08533861 bus:RegisteredOffice 2024-06-01 2025-05-31 08533861 bus:Agent1 2024-06-01 2025-05-31 08533861 2025-05-31 08533861 2024-05-31 08533861 core:FurnitureFittings 2025-05-31 08533861 core:ComputerEquipment 2025-05-31 08533861 core:FurnitureFittings 2024-05-31 08533861 core:ComputerEquipment 2024-05-31 08533861 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 08533861 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 08533861 core:CurrentFinancialInstruments 2025-05-31 08533861 core:CurrentFinancialInstruments 2024-05-31 08533861 core:ShareCapital 2025-05-31 08533861 core:ShareCapital 2024-05-31 08533861 core:RetainedEarningsAccumulatedLosses 2025-05-31 08533861 core:RetainedEarningsAccumulatedLosses 2024-05-31 08533861 core:ShareCapitalOrdinaryShareClass1 2025-05-31 08533861 core:ShareCapitalOrdinaryShareClass1 2024-05-31 08533861 core:ShareCapitalOrdinaryShareClass2 2025-05-31 08533861 core:ShareCapitalOrdinaryShareClass2 2024-05-31 08533861 core:ShareCapitalOrdinaryShareClass3 2025-05-31 08533861 core:ShareCapitalOrdinaryShareClass3 2024-05-31 08533861 core:ShareCapitalOrdinaryShareClass4 2025-05-31 08533861 core:ShareCapitalOrdinaryShareClass4 2024-05-31 08533861 core:ShareCapitalOrdinaryShares 2025-05-31 08533861 core:ShareCapitalOrdinaryShares 2024-05-31 08533861 core:Goodwill 2024-06-01 2025-05-31 08533861 core:FurnitureFittings 2024-06-01 2025-05-31 08533861 core:ComputerEquipment 2024-06-01 2025-05-31 08533861 2023-06-01 2024-05-31 08533861 core:NetGoodwill 2024-05-31 08533861 core:NetGoodwill 2025-05-31 08533861 core:NetGoodwill 2024-05-31 08533861 core:FurnitureFittings 2024-05-31 08533861 core:ComputerEquipment 2024-05-31 08533861 2024-05-31 08533861 core:WithinOneYear 2025-05-31 08533861 core:WithinOneYear 2024-05-31 08533861 bus:OrdinaryShareClass1 2024-06-01 2025-05-31 08533861 bus:OrdinaryShareClass2 2024-06-01 2025-05-31 08533861 bus:OrdinaryShareClass3 2024-06-01 2025-05-31 08533861 bus:OrdinaryShareClass4 2024-06-01 2025-05-31 08533861 bus:OrdinaryShareClass1 2025-05-31 08533861 bus:OrdinaryShareClass1 2024-05-31 08533861 bus:OrdinaryShareClass2 2025-05-31 08533861 bus:OrdinaryShareClass2 2024-05-31 08533861 bus:OrdinaryShareClass3 2025-05-31 08533861 bus:OrdinaryShareClass3 2024-05-31 08533861 bus:OrdinaryShareClass4 2025-05-31 08533861 bus:OrdinaryShareClass4 2024-05-31 08533861 bus:AllOrdinaryShares 2025-05-31 08533861 bus:AllOrdinaryShares 2024-05-31 08533861 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 08533861 bus:FRS102 2024-06-01 2025-05-31 08533861 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 08533861 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 08533861 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP