REGISTERED NUMBER: 11830149 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Think It Out Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Dr I K Price

Dr L J Price

REGISTERED OFFICE:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

GL3 3RS

REGISTERED NUMBER:

11830149 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Starling Bank

3rd Floor, 2 Finsbury Avenue

London

EC2M 2PP

FIXED ASSETS

Tangible assets

4

3,292

3,521

CURRENT ASSETS

Debtors

5

10,728

7,228

Cash at bank

16,046

13,477

26,774

20,705

CREDITORS

Amounts falling due within one year

6

9,788

8,150

NET CURRENT ASSETS

16,986

12,555

TOTAL ASSETS LESS CURRENT LIABILITIES

20,278

16,076

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

20,178

15,976

SHAREHOLDERS' FUNDS

20,278

16,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 9 October 2026 and were signed on its behalf by:

Dr I K Price - Director

1.	STATUTORY INFORMATION

Think It Out Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Computer equipment

-

33% on cost

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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Computer

property

equipment

Totals

£

£

£

Cost

At 1 March 2025

2,179

9,042

11,221

Additions

-

1,770

1,770

At 28 February 2026

2,179

10,812

12,991

Depreciation

At 1 March 2025

436

7,264

7,700

Charge for year

436

1,563

1,999

At 28 February 2026

872

8,827

9,699

Net book value

At 28 February 2026

1,307

1,985

3,292

At 28 February 2025

1,743

1,778

3,521

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade debtors

10,172

6,524

Other debtors

556

704

10,728

7,228

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade creditors

608

186

Taxation and social security

4,162

4,320

Other creditors

5,018

3,644

9,788

8,150

7.	RELATED PARTY DISCLOSURES

At 28 February 2026, the company owed the directors Dr I K Price and Dr L J Price £387 (2025 - £82). The balance owed, included within other creditors, is made up of business expenses not yet reimbursed and declared dividends directly credited to the director's loan account. The loan balance is repayable to the directors on demand.