1 August 2022 false No description of principal activity Taxfiler 2023.9.1 13528302business:PrivateLimitedCompanyLtd2022-08-012023-07-31 135283022022-07-31 135283022022-08-012023-07-31 13528302business:AuditExemptWithAccountantsReport2022-08-012023-07-31 13528302business:FilletedAccounts2022-08-012023-07-31 135283022023-07-31 13528302business:Director12022-08-012023-07-31 13528302business:RegisteredOffice2022-08-012023-07-31 135283022022-07-31 13528302core:WithinOneYear2023-07-31 13528302core:WithinOneYear2022-07-31 13528302core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 13528302core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 13528302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 13528302core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 13528302core:PreviouslyStatedAmount2023-07-31 13528302core:PreviouslyStatedAmount2022-07-31 13528302business:SmallEntities2022-08-012023-07-31 13528302countries:EnglandWales2022-08-012023-07-31 13528302core:PlantMachinery2022-08-012023-07-31 13528302core:PlantMachinery2022-07-31 13528302core:PlantMachinery2023-07-31 135283022021-07-232022-07-31 iso4217:GBP xbrli:pure
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
Page
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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
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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
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WELCOME THAI LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
2 
2 
Fixed assets
Tangible assets
3,924 
2,912 
Current assets
Debtors
3,883 
4,595 
Cash at bank and in hand
96,441 
121,974 
100,324 
126,569 
Creditors: amounts falling due within one year
(35,366)
(38,536)
Net current assets
64,958 
88,033 
Net assets
68,884 
90,947 
Capital and reserves
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
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WELCOME THAI LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
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.
3
Accounting policies
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 August 2022
3,640 
Additions
1,264 
At 31 July 2023
4,904 
Depreciation
At 1 August 2022
728 
Charge for the year
252 
At 31 July 2023
980 
Net book value
At 31 July 2023
3,924 
At 31 July 2022
2,912 
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WELCOME THAI LTD Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
186 
195 
Accrued income and prepayments
3,697 
4,400 
3,883 
4,595 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
10,992 
10,343 
Trade creditors
1,157 
- 
Taxes and social security
22,553 
22,109 
Loans from directors
664 
993 
Accruals
- 
5,091 
35,366 
38,536 
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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