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REGISTERED NUMBER: 12481155 (England and Wales)















H Thomas Ltd

Unaudited Financial Statements

for the Year Ended 28 February 2023






H Thomas Ltd (Registered number: 12481155)

Contents of the Financial Statements
for the year ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


H Thomas Ltd

Company Information
for the year ended 28 February 2023







Directors: T M Thomas
C E Thomas





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 12481155 (England and Wales)





Accountants: Haines Watts South East LLP
Chartered Accountants
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

H Thomas Ltd (Registered number: 12481155)

Balance Sheet
28 February 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 1,957 3,856

Current assets
Stocks 197,824 139,749
Debtors 5 5,105 3,930
Cash at bank 2,003 5,093
204,932 148,772
Creditors
Amounts falling due within one year 6 230,515 154,460
Net current liabilities (25,583 ) (5,688 )
Total assets less current liabilities (23,626 ) (1,832 )

Capital and reserves
Called up share capital 7 1 1
Retained earnings 8 (23,627 ) (1,833 )
Shareholders' funds (23,626 ) (1,832 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 31 October 2023 and were signed on its behalf by:





C E Thomas - Director


H Thomas Ltd (Registered number: 12481155)

Notes to the Financial Statements
for the year ended 28 February 2023


1. Statutory information

H Thomas Ltd 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.

Going concern
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Computer equipment - 33% on cost

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. Employees and directors

The average number of employees during the year was NIL (2022 - NIL).

H Thomas Ltd (Registered number: 12481155)

Notes to the Financial Statements - continued
for the year ended 28 February 2023


4. Tangible fixed assets
Computer
equipment
£
Cost
At 1 March 2022
and 28 February 2023 5,755
Depreciation
At 1 March 2022 1,899
Charge for year 1,899
At 28 February 2023 3,798
Net book value
At 28 February 2023 1,957
At 28 February 2022 3,856

5. Debtors: amounts falling due within one year
2023 2022
£ £
Other debtors 5,105 3,930

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 7,611 8,151
Amounts owed to group undertakings 218,542 142,942
Other creditors 4,362 3,367
230,515 154,460

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1

8. Reserves
Retained
earnings
£

At 1 March 2022 (1,833 )
Deficit for the year (21,794 )
At 28 February 2023 (23,627 )