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Company Registration No. 12835599 (England and Wales)
Thyme and Beyond Ltd Unaudited accounts for the year ended 31 August 2023
Thyme and Beyond Ltd Unaudited accounts Contents
Page
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Thyme and Beyond Ltd Company Information for the year ended 31 August 2023
Directors
Lyall Scorovich Marco Scorovich
Company Number
12835599 (England and Wales)
Registered Office
Pleasant Valley Stepaside Narberth Pembrokeshire SA67 8LR
Accountants
Leo Bookkeeping 3 Hanbury Lodge Broadmoor Kilgetty Pembrokeshire SA68 0RH
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Thyme and Beyond Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,423 
56,591 
Current assets
Debtors
1,834 
1,832 
Cash at bank and in hand
15,884 
22,439 
17,718 
24,271 
Creditors: amounts falling due within one year
(92,023)
(87,513)
Net current liabilities
(74,305)
(63,242)
Net liabilities
(23,882)
(6,651)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(23,982)
(6,751)
Shareholders' funds
(23,882)
(6,651)
For the year ending 31 August 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 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 20 October 2023 and were signed on its behalf by
Lyall Scorovich Director Company Registration No. 12835599
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Thyme and Beyond Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Thyme and Beyond Ltd is a private company, limited by shares, registered in England and Wales, registration number 12835599. The registered office is Pleasant Valley, Stepaside, Narberth, Pembrokeshire, SA67 8LR.
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.
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
15%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
15%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2022
71,206 
5,300 
480 
900 
77,886 
Additions
1,574 
- 
1,890 
- 
3,464 
At 31 August 2023
72,780 
5,300 
2,370 
900 
81,350 
Depreciation
At 1 September 2022
19,715 
1,325 
120 
135 
21,295 
Charge for the year
7,960 
994 
563 
115 
9,632 
At 31 August 2023
27,675 
2,319 
683 
250 
30,927 
Net book value
At 31 August 2023
45,105 
2,981 
1,687 
650 
50,423 
At 31 August 2022
51,491 
3,975 
360 
765 
56,591 
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Thyme and Beyond Ltd Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,834 
1,832 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
288 
276 
Loans from directors
90,306 
85,974 
Accruals
1,429 
1,263 
92,023 
87,513 
Directors Loan Account increased - items purchased with personal funds Trade creditors - British Gas bill payable 5th September 2023 Accruals - Accountancy Fees
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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