Company Registration No. 11947963 (England and Wales)
THOR TELECOMMUNICATIONS LIMITED
Unaudited accounts
for the year ended 31 March 2022
THOR TELECOMMUNICATIONS LIMITED
Unaudited accounts
Contents
THOR TELECOMMUNICATIONS LIMITED
Company Information
for the year ended 31 March 2022
Directors
Mr Artiom Gerter
Mr Remigijus Jonaitis
Company Number
11947963 (England and Wales)
Registered Office
20 DOWNFIELD WAY KEMPSTON
BEDFORD
BEDFORDSHIRE
MK42 8UW
UNITED KINGDOM
Accountants
Accountancy Solutions 4U Ltd
12 Lilac Road
Dogsthorpe
Peterborough
Cambridgeshire
PE1 4PR
THOR TELECOMMUNICATIONS LIMITED
Statement of financial position
as at 31 March 2022
Tangible assets
36,579
23,276
Cash at bank and in hand
927
8,172
Creditors: amounts falling due within one year
(72,744)
(38,769)
Net current assets
34,252
37,683
Total assets less current liabilities
70,831
60,959
Creditors: amounts falling due after more than one year
(30,661)
(31,000)
Called up share capital
100
100
Profit and loss account
40,070
29,859
Shareholders' funds
40,170
29,959
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 directors acknowledge their 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 of Directors and authorised for issue on 29 June 2022 and were signed on its behalf by
Mr Artiom Gerter
Director
Company Registration No. 11947963
THOR TELECOMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2022
THOR TELECOMMUNICATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11947963. The registered office is 20 DOWNFIELD WAY KEMPSTON, BEDFORD, BEDFORDSHIRE, MK42 8UW, UNITED KINGDOM.
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.
Turnover represents are the amounts invoiced for goods and services, excluding VAT.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum
Motor vehicles
25% per annum
Fixtures & fittings
25% per annum
Computer equipment
25% per annum
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
18,129
12,250
2,959
33,338
Additions
167
24,250
2,007
26,424
At 31 March 2022
18,296
36,500
4,966
59,762
At 1 April 2021
7,077
2,052
933
10,062
Charge for the year
4,557
7,406
1,158
13,121
At 31 March 2022
11,634
9,458
2,091
23,183
At 31 March 2022
6,662
27,042
2,875
36,579
At 31 March 2021
11,052
10,198
2,026
23,276
THOR TELECOMMUNICATIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
9,143
26,164
Accrued income and prepayments
6,640
-
Other debtors
82,664
22,116
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
7,099
5,000
Taxes and social security
52,856
25,780
Loans from directors
884
6,389
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
50 Ordinary shares A. Gerter of £1 each
50
50
50 Ordinary shares R. Jonaitis of £1 each
50
50
9
Capital commitments
2022
2021
There were no capital commitments at 31 March 2022 or at 31 March 2021.
There were no capital commitments at 31 March 2022 or at 31 March 2021.
The Directors control the company equally.
12
Average number of employees
During the year the average number of employees was 3 (2021: 2).