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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
Page
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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
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THAI T&P LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,776 
10,536 
Tangible assets
12,716 
9,328 
22,492 
19,864 
Current assets
Inventories
2,985 
5,012 
Debtors
6,772 
6,313 
Cash at bank and in hand
40,263 
139,414 
50,020 
150,739 
Creditors: amounts falling due within one year
(10,995)
(55,282)
Net current assets
39,025 
95,457 
Net assets
61,517 
115,321 
Capital and reserves
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
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THAI T&P LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
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.
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.
Turnover
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
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.
Pension costs
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. (4% Fixed Rate)
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THAI T&P LTD Notes to the Accounts for the year ended 30 June 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2022
19,000 
At 30 June 2023
19,000 
Amortisation
At 1 July 2022
8,464 
Charge for the year
760 
At 30 June 2023
9,224 
Net book value
At 30 June 2023
9,776 
At 30 June 2022
10,536 
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 
Depreciation
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 
Net book value
At 30 June 2023
6,688 
6,028 
12,716 
At 30 June 2022
7,141 
2,187 
9,328 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
772 
313 
Amounts falling due after more than one year
Other debtors
6,000 
6,000 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
5,571 
6,232 
Taxes and social security
368 
15,804 
Loans from directors
5,056 
33,246 
10,995 
55,282 
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THAI T&P LTD Notes to the Accounts for the year ended 30 June 2023
8
Share capital
2023 
2022 
£ 
£ 
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).
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