Company Registration No. 13528302 (England and Wales)
WELCOME THAI LTD
Unaudited accounts
for the year ended 31 July 2023
WELCOME THAI LTD
Unaudited accounts
Contents
WELCOME THAI LTD
Company Information
for the year ended 31 July 2023
Director
Mrs Thidarat Thongnum
Company Number
13528302 (England and Wales)
Registered Office
47 HIGH STREET
LINDFIELD
HAYWARDS HEATH
RH16 2HN
ENGLAND
Accountants
May Collis Accountants Limited
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
WELCOME THAI LTD
Accountants' report
Accountants' report to the director of WELCOME THAI LTD on the preparation of the unaudited statutory accounts for the year ended 31 July 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
WELCOME THAI LTD for the year ended
31 July 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of WELCOME THAI LTD, as a body, in accordance with the terms of our engagement letter dated 24 July 2021. Our work has been undertaken solely to prepare for your approval the accounts of WELCOME THAI LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WELCOME THAI LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that WELCOME THAI LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WELCOME THAI LTD. You consider that WELCOME THAI LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of WELCOME THAI LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
May Collis Accountants Limited
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
23 October 2023
WELCOME THAI LTD
Statement of financial position
as at 31 July 2023
Called up share capital not paid
2
2
Tangible assets
3,924
2,912
Cash at bank and in hand
96,441
121,974
Creditors: amounts falling due within one year
(35,366)
(38,536)
Net current assets
64,958
88,033
Called up share capital
2
2
Profit and loss account
68,882
90,945
Shareholders' funds
68,884
90,947
For the year ending 31 July 2023 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 23 October 2023 and were signed on its behalf by
Mrs Thidarat Thongnum
Director
Company Registration No. 13528302
WELCOME THAI LTD
Notes to the Accounts
for the year ended 31 July 2023
WELCOME THAI LTD is a private company, limited by shares, registered in England and Wales, registration number 13528302. The registered office is 47 HIGH STREET, LINDFIELD, HAYWARDS HEATH, RH16 2HN, 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.
These financial statements for the year ended 31 July 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 23 July 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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
Useful life for 5 year- Straight line method
4
Tangible fixed assets
Plant & machinery
WELCOME THAI LTD
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
3,697
4,400
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,553
22,109
Loans from directors
664
993
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).