Thinkcare Consultancy Ltd Company accounts

COMPANY REGISTRATION NUMBER: 10768922

Thinkcare Consultancy Ltd

Unaudited Financial Statements

31 May 2025

Thinkcare Consultancy Ltd

Financial Statements

Year ended 31 May 2025

Contents	Page

Director's report	1

Statement of income and retained earnings	2

Statement of financial position	3

Notes to the financial statements	4

Thinkcare Consultancy Ltd

Director's Report

Year ended 31 May 2025

The director presents his report and the unaudited financial statements of the company for the year ended 31 May 2025 .

Director

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

N S Kelly

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 25 August 2026 and signed on behalf of the board by:

N S Kelly
Director

Registered office:

Hallswelle House

1 Hallswelle Road

London

NW11 0DH

Thinkcare Consultancy Ltd

Statement of Income and Retained Earnings

Year ended 31 May 2025

	2025	2024
Note	£	£
Turnover	44,552	136,304

Cost of sales	12,360	7,027
	--------	---------
Gross profit	32,192	129,277

Administrative expenses	34,864	80,413
	--------	---------
Operating (loss)/profit	( 2,672)	48,864

Interest payable and similar expenses		370	204
		--------	---------
(Loss)/profit before taxation	5	( 3,042)	48,660

Tax on (loss)/profit	–	9,321
	-------	--------
(Loss)/profit for the financial year and total comprehensive income	( 3,042)	39,339
	-------	--------

Dividends paid and payable	( 9,000)	( 30,000)

Retained earnings at the start of the year	25,489	16,150
	--------	--------
Retained earnings at the end of the year	13,447	25,489
	--------	--------

All the activities of the company are from continuing operations.

Thinkcare Consultancy Ltd

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	1,152	1,535

Current assets

Debtors	7	13,926	29,255
Cash at bank and in hand		20,115	34,456
		--------	--------
		34,041	63,711

Creditors: amounts falling due within one year	8	21,745	39,756
		--------	--------
Net current assets		12,296	23,955
		--------	--------
Total assets less current liabilities		13,448	25,490
		--------	--------
Net assets		13,448	25,490
		--------	--------

Capital and reserves

Called up share capital	1	1
Profit and loss account	13,447	25,489
	--------	--------
Shareholders funds	13,448	25,490
	--------	--------

These financial statements have been prepared 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'.

For the year ending 31 May 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 August 2026 , and are signed on behalf of the board by:

N S Kelly
Director

Company registration number: 10768922

Thinkcare Consultancy Ltd

Notes to the Financial Statements

Year ended 31 May 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 Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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
Equipment	-	25 % reducing balance

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 3 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	383	511
	----	----

6. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 June 2024 and 31 May 2025	1,125	5,114	6,239
	-------	-------	-------
Depreciation
At 1 June 2024	883	3,821	4,704
Charge for the year	60	323	383
	-------	-------	-------
At 31 May 2025	943	4,144	5,087
	-------	-------	-------
Carrying amount
At 31 May 2025	182	970	1,152
	-------	-------	-------
At 31 May 2024	242	1,293	1,535
	-------	-------	-------

7. Debtors

	2025	2024
	£	£
Trade debtors	10,620	29,255
Other debtors	3,306	–
	--------	--------
	13,926	29,255
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	9,656	14,647
Social security and other taxes	–	7,580
Nest	907	1,346
Other creditors	11,182	16,183
	--------	--------
	21,745	39,756
	--------	--------