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REGISTERED NUMBER: 06673280 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Thunder T Services Limited

Thunder T Services Limited (Registered number: 06673280)






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




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Thunder T Services Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: Mr Thor Wayne Thomson
Mrs Cheryl Thomson





REGISTERED OFFICE: 100a Barkham Ride
Finchampstead
Wokingham
Berkshire
RG40 4EN





REGISTERED NUMBER: 06673280 (England and Wales)





ACCOUNTANTS: Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL

Thunder T Services Limited

Report of the Accountants to the Directors of
Thunder T Services Limited

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL


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

Thunder T Services Limited (Registered number: 06673280)

Balance Sheet
30 September 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 242,349 201,606

CURRENT ASSETS
Debtors 5 582,597 395,792
Cash at bank 406,351 421,476
988,948 817,268
CREDITORS
Amounts falling due within one year 6 (204,521 ) (257,067 )
NET CURRENT ASSETS 784,427 560,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,026,776

761,807

CREDITORS
Amounts falling due after more than one year 7 - (4,167 )

PROVISIONS FOR LIABILITIES 8 (46,249 ) (29,590 )
NET ASSETS 980,527 728,050

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 980,525 728,048
SHAREHOLDERS' FUNDS 980,527 728,050

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

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

The directors acknowledge their 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.

Thunder T Services Limited (Registered number: 06673280)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 8 February 2024 and were signed on its behalf by:





Mrs Cheryl Thomson - Director


Thunder T Services Limited (Registered number: 06673280)

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

1. STATUTORY INFORMATION

Thunder T Services Limited 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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
Hire Purchase installments are bifurcated into Principal and interest portion as per HP statements. Hire Purchase interest has been charged to profit and loss accounts on accrual basis and Hire Purchase liabilities have been reduced by monthly repayments of Principal amounts.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Thunder T Services Limited (Registered number: 06673280)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022 47,779 14,619 288,616 49,717 400,731
Additions 10,304 602 120,538 8,795 140,239
Disposals - - (24,950 ) - (24,950 )
At 30 September 2023 58,083 15,221 384,204 58,512 516,020
DEPRECIATION
At 1 October 2022 33,689 10,702 131,181 23,553 199,125
Charge for year 6,099 1,130 64,815 8,740 80,784
Eliminated on disposal - - (6,238 ) - (6,238 )
At 30 September 2023 39,788 11,832 189,758 32,293 273,671
NET BOOK VALUE
At 30 September 2023 18,295 3,389 194,446 26,219 242,349
At 30 September 2022 14,090 3,917 157,435 26,164 201,606

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 562,343 395,792
Loan advanced to Phil Trainer 1,870 -
Prepayments 18,384 -
582,597 395,792

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 9,526 14,704
Tax 92,808 78,712
Social Security & Other Taxes 16,530 10,947
Pension liability 1,421 873
VAT 83,001 149,887
Net Wages Payable (904 ) -
Directors' current accounts 51 4
Accrued expenses 2,088 1,940
204,521 257,067

Thunder T Services Limited (Registered number: 06673280)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts - 4,167

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 46,249 29,590

Deferred
tax
£   
Balance at 1 October 2022 29,590
Provided during year 16,659
Accelerated capital allowances
Balance at 30 September 2023 46,249

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 October 2022 728,048
Profit for the year 384,221
Dividends (131,744 )
At 30 September 2023 980,525

11. RELATED PARTY DISCLOSURES

During the year, dividend of £65,872 (P.Y. £47,740) each was declared and paid to Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson. Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson are also directors of the company.

12. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson who jointly own 100% of the issued share capital. Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson are also directors of the company.