THY LIMITED

Company Registration Number:
12515478 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

THY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THY LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 2,354,158 1,569,304
Cost of sales: ( 1,289,654 ) ( 758,493 )
Gross profit(or loss): 1,064,504 810,811
Distribution costs: ( 86,525 ) ( 56,473 )
Administrative expenses: ( 246,525 ) ( 198,032 )
Operating profit(or loss): 731,454 556,306
Profit(or loss) before tax: 731,454 556,306
Tax: ( 138,976 ) ( 75,647 )
Profit(or loss) for the financial year: 592,478 480,659

THY LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 445,865 226,758
Total fixed assets: 445,865 226,758
Current assets
Stocks: 4 345,908 132,886
Debtors: 5 421,585 245,378
Cash at bank and in hand: 222,414 151,419
Total current assets: 989,907 529,683
Creditors: amounts falling due within one year: 6 ( 210,527 ) ( 123,674 )
Net current assets (liabilities): 779,380 406,009
Total assets less current liabilities: 1,225,245 632,767
Total net assets (liabilities): 1,225,245 632,767
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,225,244 632,766
Total Shareholders' funds: 1,225,245 632,767

The notes form part of these financial statements

THY LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 3 December 2023
and signed on behalf of the board by:

Name: CHACKO KURIAN
Status: Director

The notes form part of these financial statements

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 9 8

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 145,000 33,869 11,345 19,014 47,824 257,052
Additions 115,000 15,326 21,541 34,525 76,502 262,894
Disposals
Revaluations
Transfers
At 31 March 2023 260,000 49,195 32,886 53,539 124,326 519,946
Depreciation
At 1 April 2022 2,814 3,856 7,758 15,866 30,294
Charge for year 7,379 4,932 8,707 22,769 43,787
On disposals
Other adjustments
At 31 March 2023 10,193 8,788 16,465 38,635 74,081
Net book value
At 31 March 2023 260,000 39,002 24,098 37,074 85,691 445,865
At 31 March 2022 145,000 31,055 7,489 11,256 31,958 226,758

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Stocks

2023 2022
£ £
Stocks 345,908 132,886
Total 345,908 132,886

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Debtors

2023 2022
£ £
Trade debtors 421,585 245,378
Total 421,585 245,378

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 71,551 48,027
Taxation and social security 138,976 75,647
Total 210,527 123,674