Think If Limited
Think If Limited
Registered number: 04273926
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2018
Think If Limited
Unaudited Financial Statements
For The Year Ended 31 October 2018
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
Think If Limited
Abridged Balance Sheet
As at
31 October 2018
Abridged Balance Sheet
Registered number:
04273926
For the year ending 31 October 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2018 | 2017 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 3 |
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| Tangible Assets | 4 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | (12,435) | (12,435) | |||
| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation |
( |
( |
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| NET ASSETS |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (4,665) | (4,665) | |||
Page 1
Think If Limited
Abridged Balance Sheet (continued)
As at
31 October 2018
Director's responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
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All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 October 2018 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Think If Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 October 2018
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Intangible Fixed Assets and Amortisation - Other Intangible
The directors are of the opinion that the residual value of trail comission is at least £40,000.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.
2.
Average Number of Employees
Average number of employees, including directors, during the year was 0.
3.
Intangible Assets
| Total | |||
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| £ | |||
| Cost | |||
| As at |
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| As at |
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| Net Book Value | |||
| As at |
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| As at |
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4.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at |
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| As at |
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| Depreciation | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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Page 3
Think If Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 October 2018
5.
Share Capital
| 2018 | 2017 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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6.
General Information
Think If Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04273926 . The registered office is Manor House, 18 Main Street, South Dalton, East Yorkshire, HU17 7PJ.
Page 4