Think Potential Ltd

Think Potential Ltd
Director's Report
For the year ended 30 September 2025

Director's report and financial statements

The director presents his/her/their annual report and the financial statements for the year ended 30 September 2025

Principal activities

Principal activity of the company during the financial year was of leadership development, management training and business coaching.

Director

The director who served the company throughout the year was as follows:

Adam Laidler

Statement of director's responsibilities

The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to

select suitable accounting policies and then apply them consistently
make judgments and accounting estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.

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Adam Laidler
Director

Date approved: 26 June 2026

Registered Number: 09204606 Think Potential Ltd
Balance Sheet
As at 30 September 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	180	730
Tangible fixed assets	4	2,542	1,567
		2,722	2,297
Current assets
Debtors	5	1,904	3,894
Cash at bank and in hand		1,413	2,277
		3,317	6,171
Creditors: amount falling due within one year	6	(1,758)	(1,513)
Net current assets		1,559	4,658

Total assets less current liabilities		4,281	6,955
Provisions for liabilities	7	(486)	(398)
Net assets		3,795	6,557

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		3,695	6,457
Shareholders' funds		3,795	6,557

For the year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 26 June 2026 and were signed by:

-------------------------------
Adam Laidler
Director

Think Potential Ltd
Notes to the Financial Statements
For the year ended 30 September 2025

General Information

Think Potential Ltd is a private company, limited by shares, registered in England and Wales, registration number 09204606, registration address 449 Royal Exchange, Old Bank Street, Manchester, M2 7EP.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from contracts for the provision of services is recognised by reference to the stage of completion and where the amount of revenue can be measured reliably.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	20% Reducing Balance
Computer Equipment	3 Years Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees and directors Average number of employees during the year was 1 (2024 : 1).

Intangible fixed assets

Cost	Goodwill	Patents	Total
	£	£	£
At 01 October 2024	5,500	180	5,680
Additions	-	-	-
Disposals	-	-	-
At 30 September 2025	5,500	180	5,680
Amortisation
At 01 October 2024	4,950	-	4,950
Charge for year	550	-	550
On disposals	-	-	-
At 30 September 2025	5,500	-	5,500
Net book values
At 30 September 2025	-	180	180
At 30 September 2024	550	180	730

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 October 2024	3,182	1,839	5,021
Additions	120	1,619	1,739
Disposals	-	-	-
At 30 September 2025	3,302	3,458	6,760
Depreciation
At 01 October 2024	1,815	1,639	3,454
Charge for year	288	476	764
On disposals	-	-	-
At 30 September 2025	2,103	2,115	4,218
Net book values
Closing balance as at 30 September 2025	1,199	1,343	2,542
Opening balance as at 01 October 2024	1,367	200	1,567

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	-	1,750
Prepayments & Accrued Income	1,904	2,144
	1,904	3,894

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	515	34
Corporation Tax	-	235
Accrued Expenses	1,012	950
Directors' Current Accounts	231	294
	1,758	1,513

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	486		398
	486		398

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Ordinary shares of £1.00 each	100		100
	100		100

Registered Number: 09204606
England and Wales
Unaudited Financial Statements

for the year ended 30 September 2025
for
THINK POTENTIAL LTD