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Company Registration No. 09614016 (England and Wales)
THOMAS & SEBASTIAN LIMITED Unaudited accounts for the year ended 31 May 2023
THOMAS & SEBASTIAN LIMITED Unaudited accounts Contents
Page
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THOMAS & SEBASTIAN LIMITED Company Information for the year ended 31 May 2023
Director
Mr Sebastian Ionescu
Company Number
09614016 (England and Wales)
Registered Office
20 WOLTON ROAD KESGRAVE IPSWICH IP5 2YJ ENGLAND
Accountants
Abacus Accounting Services 66 Abbeydale Rd Sheffield S7 1FD
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THOMAS & SEBASTIAN LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
187,246 
177,400 
Current assets
Cash at bank and in hand
45,876 
68,513 
Creditors: amounts falling due within one year
(5,001)
(14,766)
Net current assets
40,875 
53,747 
Total assets less current liabilities
228,121 
231,147 
Creditors: amounts falling due after more than one year
(71,626)
(41,854)
Net assets
156,495 
189,293 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
156,395 
189,193 
Shareholders' funds
156,495 
189,293 
For the year ending 31 May 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 his 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 13 February 2024 and were signed on its behalf by
Mr Sebastian Ionescu Director Company Registration No. 09614016
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THOMAS & SEBASTIAN LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
THOMAS & SEBASTIAN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09614016. The registered office is 20 WOLTON ROAD, KESGRAVE, IPSWICH, IP5 2YJ, 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
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2022
177,400 
Additions
9,846 
At 31 May 2023
187,246 
Depreciation
At 31 May 2023
- 
Net book value
At 31 May 2023
187,246 
At 31 May 2022
177,400 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
1,987 
Other creditors
5,001 
12,779 
5,001 
14,766 
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THOMAS & SEBASTIAN LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,000 
15,000 
Loans from directors
56,626 
26,854 
71,626 
41,854 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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