Company Registration No. 10840981 (England and Wales)
THAI T&P LTD
Unaudited accounts
for the year ended 30 June 2023
THAI T&P LTD
Unaudited accounts
Contents
THAI T&P LTD
Company Information
for the year ended 30 June 2023
Director
Miss Piyawan Banditsamit
Company Number
10840981 (England and Wales)
Registered Office
84 WEY HILL
HASLEMERE
SURREY
GU27 1HS
Accountants
Kapook Accountancy
Certified Practising Accountants (ICPA)
94 Caledonian Road
London
N1 9DN
THAI T&P LTD
Statement of financial position
as at 30 June 2023
Intangible assets
9,776
10,536
Tangible assets
12,716
9,328
Cash at bank and in hand
40,263
139,414
Creditors: amounts falling due within one year
(10,995)
(55,282)
Net current assets
39,025
95,457
Called up share capital
2
2
Profit and loss account
61,515
115,319
Shareholders' funds
61,517
115,321
For the year ending 30 June 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 her 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 20 February 2024 and were signed on its behalf by
Miss Piyawan Banditsamit
Director
Company Registration No. 10840981
THAI T&P LTD
Notes to the Accounts
for the year ended 30 June 2023
THAI T&P LTD is a private company, limited by shares, registered in England and Wales, registration number 10840981. The registered office is 84 WEY HILL, HASLEMERE, SURREY, GU27 1HS.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. (4% Fixed Rate)
THAI T&P LTD
Notes to the Accounts
for the year ended 30 June 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2022
20,833
2,916
23,749
Additions
1,777
5,851
7,628
At 30 June 2023
22,610
8,767
31,377
At 1 July 2022
13,692
729
14,421
Charge for the year
2,230
2,010
4,240
At 30 June 2023
15,922
2,739
18,661
At 30 June 2023
6,688
6,028
12,716
At 30 June 2022
7,141
2,187
9,328
Amounts falling due within one year
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
368
15,804
Loans from directors
5,056
33,246
THAI T&P LTD
Notes to the Accounts
for the year ended 30 June 2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 7 (2022: 6).