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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
Page
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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
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THOR TELECOMMUNICATIONS LIMITED Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
36,579 
23,276 
Current assets
Inventories
- 
20,000 
Debtors
106,069 
48,280 
Cash at bank and in hand
927 
8,172 
106,996 
76,452 
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)
Net assets
40,170 
29,959 
Capital and reserves
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
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THOR TELECOMMUNICATIONS LIMITED Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 31 March 2022
6,662 
27,042 
2,875 
36,579 
At 31 March 2021
11,052 
10,198 
2,026 
23,276 
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THOR TELECOMMUNICATIONS LIMITED Notes to the Accounts for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
7,622 
- 
Trade debtors
9,143 
26,164 
Accrued income and prepayments
6,640 
- 
Other debtors
82,664 
22,116 
106,069 
48,280 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
7,099 
5,000 
Trade creditors
11,905 
- 
Taxes and social security
52,856 
25,780 
Loans from directors
884 
6,389 
Accruals
- 
1,600 
72,744 
38,769 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
30,661 
31,000 
8
Share capital
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 
100 
100 
9
Capital commitments
2022 
2021 
£ 
£ 
There were no capital commitments at 31 March 2022 or at 31 March 2021.
10
Contingent liabilities
There were no capital commitments at 31 March 2022 or at 31 March 2021.
11
Controlling party
The Directors control the company equally.
12
Average number of employees
During the year the average number of employees was 3 (2021: 2).
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