Company Registration No. 08930138 (England and Wales)
PROCESSTHINK LTD
Unaudited accounts
for the year ended 31 March 2022
PROCESSTHINK LTD
Unaudited accounts
Contents
PROCESSTHINK LTD
Company Information
for the year ended 31 March 2022
Director
Selda Seyfi Burkill
Company Number
08930138 (England and Wales)
Registered Office
160 Kemp House City Road
London
EC1V 2NX
England
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
PROCESSTHINK LTD
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
78,634
80,138
Creditors: amounts falling due within one year
(235)
(300)
Net current assets
78,464
80,019
Called up share capital
1
1
Profit and loss account
78,779
80,406
Shareholders' funds
78,780
80,407
For the year ending 31 March 2022 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 28 November 2022 and were signed on its behalf by
Selda Seyfi Burkill
Director
Company Registration No. 08930138
PROCESSTHINK LTD
Notes to the Accounts
for the year ended 31 March 2022
PROCESSTHINK LTD is a private company, limited by shares, registered in England and Wales, registration number 08930138. The registered office is 160 Kemp House City Road, London, EC1V 2NX, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
PROCESSTHINK LTD
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
12
-
Loans from directors
223
300
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
