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REGISTERED NUMBER: 03846048 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2022

for

THADDEUS LIMITED

THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Contents of the Financial Statements
for the year ended 31 December 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THADDEUS LIMITED

Company Information
for the year ended 31 December 2022







Directors: B N Habib
Mrs S J Habib





Registered office: 3 Danebrook Court
Langford Lane
Kidlington
Oxfordshire
OX5 1LQ





Business address: Ropley House
Ropley
Alresford
Hampshire
SO24 0EB





Registered number: 03846048 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
3 Danebrook Court
Langford Lane
Kidlington
Oxfordshire
OX5 1LQ

THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Balance Sheet
31 December 2022

31/12/22 31/12/21
Notes £ £ £ £
Fixed assets
Tangible assets 4 - -
Investments 5 67,344 141,601
Investment property 6 - 780,550
67,344 922,151

Current assets
Stocks 19,350 25,850
Debtors 7 2,867 -
Cash at bank 1,531,673 248,160
1,553,890 274,010
Creditors
Amounts falling due within one year 8 51,111 6,272
Net current assets 1,502,779 267,738
Total assets less current liabilities 1,570,123 1,189,889

Capital and reserves
Called up share capital 9 100 100
Retained earnings 1,570,023 1,189,789
Shareholders' funds 1,570,123 1,189,889

THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Balance Sheet - continued
31 December 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





Mrs S J Habib - Director


THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Notes to the Financial Statements
for the year ended 31 December 2022


1. Statutory information

Thaddeus Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Thaddeus 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Notes to the Financial Statements - continued
for the year ended 31 December 2022


2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The directors have made an assessment of the company's ability to continue as a going concern and have identified no material uncertainties that may cast a significant doubt on the ability of the company to continue as a going concern for the foreseeable future.

3. Employees and directors

The average number of employees during the year was NIL (2021 - NIL).

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 January 2022
and 31 December 2022 8,437
Depreciation
At 1 January 2022
and 31 December 2022 8,437
Net book value
At 31 December 2022 -

THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Notes to the Financial Statements - continued
for the year ended 31 December 2022


5. Fixed asset investments
Shares in
group Other
undertakings investments Totals
£ £ £
Cost
At 1 January 2022
and 31 December 2022 323,602 67,344 390,946
Provisions
At 1 January 2022 249,345 - 249,345
Provision for year 74,257 - 74,257
At 31 December 2022 323,602 - 323,602
Net book value
At 31 December 2022 - 67,344 67,344
At 31 December 2021 74,257 67,344 141,601

6. Investment property
Total
£
Fair value
At 1 January 2022 780,550
Disposals (780,550 )
At 31 December 2022 -
Net book value
At 31 December 2022 -
At 31 December 2021 780,550

7. Debtors: amounts falling due within one year
31/12/22 31/12/21
£ £
Other debtors 2,867 -

8. Creditors: amounts falling due within one year
31/12/22 31/12/21
£ £
Taxation and social security 46,449 -
Other creditors 4,662 6,272
51,111 6,272

THADDEUS LIMITED (REGISTERED NUMBER: 03846048)

Notes to the Financial Statements - continued
for the year ended 31 December 2022


9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/22 31/12/21
value: £ £
75 Ordinary A Shares 1 75 75
25 Ordinary B shares 1 25 25
100 100

10. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

31/12/22 31/12/21
£ £
Mrs S J Habib
Balance outstanding at start of year - -
Amounts advanced 6,640 -
Amounts repaid (3,772 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,868 -