Think PC Limited - Accounts to registrar (filleted) - small 22.3
Think PC Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| THINK PC LIMITED |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1ST SEPTEMBER 2020 TO 31ST DECEMBER 2021 |
| THINK PC LIMITED (REGISTERED NUMBER: 04233940) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1ST SEPTEMBER 2020 TO 31ST DECEMBER 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 6 |
| THINK PC LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1ST SEPTEMBER 2020 TO 31ST DECEMBER 2021 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 20 Eversley Road |
| Bexhill-on-Sea |
| East Sussex |
| TN40 1HE |
| THINK PC LIMITED (REGISTERED NUMBER: 04233940) |
| BALANCE SHEET |
| 31ST DECEMBER 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Share premium |
| Fair value reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| THINK PC LIMITED (REGISTERED NUMBER: 04233940) |
| BALANCE SHEET - continued |
| 31ST DECEMBER 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| THINK PC LIMITED (REGISTERED NUMBER: 04233940) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1ST SEPTEMBER 2020 TO 31ST DECEMBER 2021 |
| 1. | STATUTORY INFORMATION |
| Think PC Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| Due to the effects of the Coronavirus pandemic the accounting period has been lengthened to cover the period from 1st September 2020 to 31st December 2021 and as a result the comparatives are not entirely comparable. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Preparation of consolidated financial statements |
| The financial statements contain information about Think PC Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net fees receivable. |
| Tangible fixed assets |
| Other assets | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Government grants |
| Grant income has been recognised under the performance model. |
| Grants that do not specify any future performance-related conditions are recorded when the grant proceeds are received or receivable. Any grant that imposes specified future performance-related conditions is recognised only when the performance-related conditions are met. Grants received before the revenue recognition criteria are satisfied are recognised as a liability. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2020 - NIL). |
| THINK PC LIMITED (REGISTERED NUMBER: 04233940) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1ST SEPTEMBER 2020 TO 31ST DECEMBER 2021 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Other | and | Computer |
| assets | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st September 2020 |
| Additions |
| At 31st December 2021 |
| DEPRECIATION |
| At 1st September 2020 |
| Charge for period |
| At 31st December 2021 |
| NET BOOK VALUE |
| At 31st December 2021 |
| At 31st August 2020 |
| 5. | FIXED ASSET INVESTMENTS |
| 2021 | 2020 |
| £ | £ |
| Shares in group undertakings |
| Other investments not loans |
| Additional information is as follows: |
| Shares in |
| group |
| undertakin |
| £ |
| COST |
| At 1st September 2020 |
| and 31st December 2021 |
| NET BOOK VALUE |
| At 31st December 2021 |
| At 31st August 2020 |
| Investments (neither listed nor unlisted) were as follows: |
| 2021 | 2020 |
| £ | £ |
| Other assets | 394,474 | 371,520 |
| THINK PC LIMITED (REGISTERED NUMBER: 04233940) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1ST SEPTEMBER 2020 TO 31ST DECEMBER 2021 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors - Loans |
| Due from group companies | 129,983 | 137,257 |
| Other debtors |
| The Company holds a charge over the fixed assets of its subsidiary, Aspire 24/7 Limited relating to the amount due above. |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Bank loans and overdrafts |
| Due to group company-DCF (UK) Ltd |
| Other creditors |
| Accrued expenses |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yr by instal |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 9,534 | - |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary A | £1 | 100 | 100 |