REGISTERED NUMBER: 06006415 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2025

FOR

LIQUIDTHINKER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Hughes

Mrs G A Hughes

REGISTERED OFFICE:

17 Moor Park Avenue

Preston

Lancashire

PR1 6AS

REGISTERED NUMBER:

06006415 (England and Wales)

ACCOUNTANTS:

SBCA Chartered Accountants

17 Moor Park Avenue

Preston

Lancashire

PR1 6AS

FIXED ASSETS

Intangible assets

4

1,573

-

Tangible assets

5

12,209

20,544

Investment property

6

3,655,073

3,060,000

3,668,855

3,080,544

CURRENT ASSETS

Debtors

7

314,820

296,113

Cash at bank

627,207

787,516

942,027

1,083,629

CREDITORS

Amounts falling due within one year

8

(346,895

)

(285,209

)

NET CURRENT ASSETS

595,132

798,420

TOTAL ASSETS LESS CURRENT LIABILITIES

4,263,987

3,878,964

PROVISIONS FOR LIABILITIES

9

(233,053

)

(223,887

)

NET ASSETS

4,030,934

3,655,077

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

650,448

616,698

Retained earnings

11

3,380,386

3,038,279

SHAREHOLDERS' FUNDS

4,030,934

3,655,077

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24th June 2026 and were signed on its behalf by:

Mr D Hughes - Director

1.	STATUTORY INFORMATION

Liquidthinker Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced value of goods and services provided in the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, has been fully amortised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future cash flows discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future cash flows discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if the payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amorotised cost using the effective interest rate method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Goodwill

costs

Totals

£

£

£

COST

At 1st December 2024

5,000

-

5,000

Additions

-

1,600

1,600

At 30th November 2025

5,000

1,600

6,600

AMORTISATION

At 1st December 2024

5,000

-

5,000

Amortisation for year

-

27

27

At 30th November 2025

5,000

27

5,027

NET BOOK VALUE

At 30th November 2025

-

1,573

1,573

At 30th November 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st December 2024

10,546

34,780

8,799

54,125

Additions

848

-

2,921

3,769

At 30th November 2025

11,394

34,780

11,720

57,894

DEPRECIATION

At 1st December 2024

6,623

20,288

6,670

33,581

Charge for year

1,845

8,695

1,564

12,104

At 30th November 2025

8,468

28,983

8,234

45,685

NET BOOK VALUE

At 30th November 2025

2,926

5,797

3,486

12,209

At 30th November 2024

3,923

14,492

2,129

20,544

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st December 2024

3,060,000

Additions

550,073

Revaluations

45,000

At 30th November 2025

3,655,073

NET BOOK VALUE

At 30th November 2025

3,655,073

At 30th November 2024

3,060,000

Fair value at 30th November 2025 is represented by:

£

Valuation in 2016

150,554

Valuation in 2017

57,635

Valuation in 2019

132,000

Valuation in 2020

120,779

Valuation in 2021

102,800

Valuation in 2022

182,288

Valuation in 2023

40,000

Valuation in 2024

88,948

Valuation in 2025

45,000

Cost

2,735,069

3,655,073

If investment properties had not been revalued they would have been included at the following historical cost:

30.11.25

30.11.24

£

£

Cost

2,735,069

2,184,996

Investment properties were valued on an open market basis on 30th November 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

206,413

187,327

Other debtors

108,407

108,786

314,820

296,113

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade creditors

2,294

4,239

Taxation and social security

312,917

258,231

Other creditors

31,684

22,739

346,895

285,209

9.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

Accelerated Capital Allowances

3,052

5,136

Investment property gains

230,001

218,751

233,053

223,887

Deferred

tax

£

Balance at 1st December 2024

223,887

Charge to Income Statement during year

9,166

Balance at 30th November 2025

233,053

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st December 2024

3,038,279

616,698

3,654,977

Profit for the year

675,857

675,857

Dividends

(300,000

)

(300,000

)

Deferred Tax

11,250

(11,250

)

-

Transfer of Revaluations

(45,000

)

45,000

-

At 30th November 2025

3,380,386

650,448

4,030,834

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a directors subsisted during the years ended 30th November 2025 and 30th November 2024:

30.11.25

30.11.24

£

£

Mr D Hughes and Mrs G A Hughes

Balance outstanding at start of year

96,637

53,676

Amounts advanced

330,049

378,084

Amounts repaid

(330,789

)

(335,123

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

95,897

96,637

The maximum balance the Directors Loan Account was overdrawn by during the year was £204,115. Interest has been charged at the HMRC approved interest rate on the outstanding

balance.