Thirst Communications Limited 07046838 true 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of PR consultants. Digita Accounts Production Advanced 6.30.9574.0 true Ms AR Drinkall Mr J L Drinkall false 07046838 2022-04-01 2023-03-31 07046838 2023-03-31 07046838 bus:OrdinaryShareClass1 2023-03-31 07046838 core:RetainedEarningsAccumulatedLosses 2023-03-31 07046838 core:ShareCapital 2023-03-31 07046838 core:CurrentFinancialInstruments 2023-03-31 07046838 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07046838 bus:FRS102 2022-04-01 2023-03-31 07046838 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 07046838 bus:FullAccounts 2022-04-01 2023-03-31 07046838 bus:RegisteredOffice 2022-04-01 2023-03-31 07046838 bus:CompanySecretary1 2022-04-01 2023-03-31 07046838 bus:Director1 2022-04-01 2023-03-31 07046838 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 07046838 bus:EntityNoLongerTradingButTradedInPast 2022-04-01 2023-03-31 07046838 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07046838 core:ComputerEquipment 2022-04-01 2023-03-31 07046838 countries:England 2022-04-01 2023-03-31 07046838 2022-03-31 07046838 bus:OrdinaryShareClass1 2022-03-31 07046838 core:RetainedEarningsAccumulatedLosses 2022-03-31 07046838 core:ShareCapital 2022-03-31 07046838 core:CurrentFinancialInstruments 2022-03-31 07046838 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07046838

Thirst Communications Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Thirst Communications Limited

Profit and Loss Account for the Year Ended 31 March 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Thirst Communications Limited

(Registration number: 07046838)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

150

-

Cash at bank and in hand

 

19,525

31,992

 

19,675

31,992

Creditors: Amounts falling due within one year

6

(150)

(10,467)

Net assets

 

19,525

21,525

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

19,425

21,425

Shareholders' funds

 

19,525

21,525

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 23 December 2023
 

.........................................
Ms AR Drinkall
Director

 

Thirst Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Ashcroft
Gowthorpe
York
YO41 5QN
England

These financial statements were authorised for issue by the director on 23 December 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company ceased trading on 31 March 2022.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Computer equipment

33% on cost

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Thirst Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Thirst Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

3

Tangible assets

Cost or valuation

Depreciation

Carrying amount

At 31 March 2023

4

Debtors

Current

2023
£

2022
£

Prepayments

150

-

 

150

-

5

Cash and cash equivalents

2023
£

2022
£

Cash on hand

260

260

Cash at bank

19,265

31,732

19,525

31,992

6

Creditors

Note

2023
£

2022
£

Due within one year

 

Accruals

 

150

1,051

Income tax liability

-

9,416

 

150

10,467

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

         
 

Thirst Communications Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

8

Related party transactions

Dividends paid to the director

   

2023
£

 

2022
£

Ms AR Drinkall

       

Dividends

 

2,000

 

28,000