24 October 2024 false No description of principal activity Taxfiler 2024.6 16039173 business:PrivateLimitedCompanyLtd 2024-10-24 2025-10-31 16039173 2024-10-23 16039173 2024-10-24 2025-10-31 16039173 business:AuditExempt-NoAccountantsReport 2024-10-24 2025-10-31 16039173 business:FilletedAccounts 2024-10-24 2025-10-31 16039173 2025-10-31 16039173 core:WithinOneYear 2025-10-31 16039173 core:AfterOneYear 2025-10-31 16039173 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 16039173 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 16039173 core:PreviouslyStatedAmount 2025-10-31 16039173 business:SmallEntities 2024-10-24 2025-10-31 16039173 business:Director1 2024-10-24 2025-10-31 16039173 countries:EnglandWales 2024-10-24 2025-10-31 16039173 business:RegisteredOffice 2024-10-24 2025-10-31 16039173 core:PlantMachinery 2024-10-24 2025-10-31 16039173 core:PlantMachinery 2024-10-23 16039173 core:PlantMachinery 2025-10-31 iso4217:GBP xbrli:pure
Company Registration No. 16039173 (England and Wales)
Thethinksocial Ltd Unaudited accounts for the period from 24 October 2024 to 31 October 2025
Thethinksocial Ltd Statement of financial position as at 31 October 2025
2025
Notes
£
Fixed assets
Tangible assets
4
3,702
Current assets
Cash at bank and in hand
110
Creditors: amounts falling due within one year
5
(2,662)
Net current liabilities
(2,552)
Total assets less current liabilities
1,150
Creditors: amounts falling due after more than one year
6
(1,000)
Net assets
150
Capital and reserves
Called up share capital
1
Profit and loss account
149
Shareholders' funds
150
For the period ending 31 October 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 her 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 24 July 2026 and were signed on its behalf by
Hadia Khan Director Company Registration No. 16039173
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Thethinksocial Ltd Notes to the Accounts for the period from 24 October 2024 to 31 October 2025
1
Statutory information
Thethinksocial Ltd is a private company, limited by shares, registered in England and Wales, registration number 16039173. The registered office is 71-75, Shelton Street, London, London, WC2H 9JQ, England.
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 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:
Plant & machinery
20% straight line method
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 or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Thethinksocial Ltd Notes to the Accounts for the period from 24 October 2024 to 31 October 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 24 October 2024
-
Additions
4,628
At 31 October 2025
4,628
Depreciation
Charge for the period
926
At 31 October 2025
926
Net book value
At 31 October 2025
3,702
5
Creditors: amounts falling due within one year
2025
£
Taxes and social security
2,216
Loans from directors
446
2,662
6
Creditors: amounts falling due after more than one year
2025
£
Accruals
1,000
7
Average number of employees
During the period the average number of employees was 1.
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