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REGISTERED NUMBER: 10830172 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Ricky Thomas Double Glazing Ltd

Ricky Thomas Double Glazing Ltd (Registered number: 10830172)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Ricky Thomas Double Glazing Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr R Thomas





SECRETARY: Mr R Thomas





REGISTERED OFFICE: 51 Bro Enddwyn
Dyffryn Ardudwy
Gwynedd
LL44 2BG





REGISTERED NUMBER: 10830172 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

Ricky Thomas Double Glazing Ltd (Registered number: 10830172)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,157 10,087

CURRENT ASSETS
Stocks 12,500 6,500
Debtors 5 3,732 144
Cash at bank 82,735 107,761
98,967 114,405
CREDITORS
Amounts falling due within one year 6 104,822 97,995
NET CURRENT (LIABILITIES)/ASSETS (5,855 ) 16,410
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,302

26,497

CREDITORS
Amounts falling due after more than one
year

7

(21,322

)

(23,451

)

PROVISIONS FOR LIABILITIES (6,491 ) (1,918 )
NET ASSETS 489 1,128

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 488 1,127
489 1,128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Ricky Thomas Double Glazing Ltd (Registered number: 10830172)

Balance Sheet - continued
30 June 2023


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 director and authorised for issue on 20 November 2023 and were signed by:





Mr R Thomas - Director


Ricky Thomas Double Glazing Ltd (Registered number: 10830172)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Ricky Thomas Double Glazing 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.

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.

Plant and machinery 20% reducing balance
Computer equipment 20% reducing balance

All assets are stated at their cost prices less accumulated depreciation and less any amounts recognised in respect of impairment.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Ricky Thomas Double Glazing Ltd (Registered number: 10830172)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 25,529
Additions 32,610
At 30 June 2023 58,139
DEPRECIATION
At 1 July 2022 15,442
Charge for year 8,540
At 30 June 2023 23,982
NET BOOK VALUE
At 30 June 2023 34,157
At 30 June 2022 10,087

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 3,732 144

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 10,855 14,678
Taxation and social security 2,530 10,371
Other creditors 91,437 72,946
104,822 97,995

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Other creditors 21,322 23,451

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £22,000 (2022 - £25,000) were paid to the director .

The director's loan account was in credit throughout the year and at the year end had a balance of £61,444 (2022 - £46,417) owing to the director.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Ricky Thomas Double Glazing Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ricky Thomas Double Glazing Ltd for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Ricky Thomas Double Glazing Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ricky Thomas Double Glazing Ltd and state those matters that we have agreed to state to the director of Ricky Thomas Double Glazing Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ricky Thomas Double Glazing Ltd and its director for our work or for this report.

It is your duty to ensure that Ricky Thomas Double Glazing Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ricky Thomas Double Glazing Ltd. You consider that Ricky Thomas Double Glazing 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 financial statements of Ricky Thomas Double Glazing 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 financial statements.






Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP


Date: .............................................