REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH FEBRUARY 2022 TO 31ST MARCH 2023 |
FOR |
THAI WELLBEING (NORWICH) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 17TH FEBRUARY 2022 TO 31ST MARCH 2023 |
FOR |
THAI WELLBEING (NORWICH) LIMITED |
THAI WELLBEING (NORWICH) LIMITED (REGISTERED NUMBER: 13922498) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 17th February 2022 to 31st March 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
THAI WELLBEING (NORWICH) LIMITED |
COMPANY INFORMATION |
for the Period 17th February 2022 to 31st March 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
100 Barbirolli Square |
Manchester |
M2 3BD |
THAI WELLBEING (NORWICH) LIMITED (REGISTERED NUMBER: 13922498) |
BALANCE SHEET |
31st March 2023 |
Notes | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
THAI WELLBEING (NORWICH) LIMITED (REGISTERED NUMBER: 13922498) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 17th February 2022 to 31st March 2023 |
1. | STATUTORY INFORMATION |
Thai Wellbeing (Norwich) Limited is a private company limited by share capital, incorporated in England and Wales, registration number 12231618. The address of the registered office is KJG, 100 Barbirolli Square, Manchester, United Kingdom, M2 3BD and principle place of business is 23 Princess Road, Stockport, SK4 3NQ. |
2. | ACCOUNTING POLICIES |
Basis of preparing the 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. |
Turnover is recognised as income received from a range of authentic Thai massage, beauty and spa treatments provided. |
Tangible fixed assets |
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.Depreciation on tangible fixed assets is charged to the profit and loss so as to write off their value, over theirestimated useful lives, using the following methods: |
Fixture and fittings - 25% on reducing balance |
At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to adeater whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of theimpairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belong |
If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount often asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately. |
Taxation |
Taxation for the period comprises current tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current 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. |
Trade and other debtors |
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts. |
THAI WELLBEING (NORWICH) LIMITED (REGISTERED NUMBER: 13922498) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 17th February 2022 to 31st March 2023 |
2. | ACCOUNTING POLICIES - continued |
Trade and other creditors |
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. |
Cash and cash equivalents |
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
Additions |
At 31st March 2023 |
DEPRECIATION |
Charge for period |
At 31st March 2023 |
NET BOOK VALUE |
At 31st March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Directors' current accounts | 10,127 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Tax |
Other creditors |
Accrued expenses |
THAI WELLBEING (NORWICH) LIMITED (REGISTERED NUMBER: 13922498) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 17th February 2022 to 31st March 2023 |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 10 |
10 Ordinary shares of £1 each were allotted and fully paid for |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Ms Thanchanok Woods. |