Company Registration No. 08930138 (England and Wales)
PROCESSTHINK LTD
Unaudited accounts
for the year ended 31 March 2018
PROCESSTHINK LTD
Unaudited accounts
Contents
PROCESSTHINK LTD
Company Information
for the year ended 31 March 2018
Company Number
08930138 (England and Wales)
Registered Office
160 KEMP HOUSE
CITY ROAD
LONDON
EC1V 2NX
ENGLAND
Accountants
Aidhan Accountancy
Sutherland House
3 Lloyds Avenue
London
EC3N 3DS
PROCESSTHINK LTD
Statement of financial position
as at 31 March 2018
Cash at bank and in hand
215,803
119,576
Creditors: amounts falling due within one year
(37,627)
(37,978)
Net current assets
197,706
111,837
Net assets
198,747
112,686
Called up share capital
1
1
Profit and loss account
198,746
112,685
Shareholders' funds
198,747
112,686
For the year ending 31 March 2018 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 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 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.
Approved by the Board on 20 June 2018.
Selda Seyfi
Director
Company Registration No. 08930138
PROCESSTHINK LTD
Notes to the Accounts
for the year ended 31 March 2018
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 earned during the period with an adjustment for the Standard rate VAT.
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
Trade debtors
19,530
30,239
PROCESSTHINK LTD
Notes to the Accounts
for the year ended 31 March 2018
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
37,501
37,095
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 (2017: 1).
