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REGISTERED NUMBER: 04592847 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THOMAS DOOR AND WINDOW CONTROLS
LIMITED

THOMAS DOOR AND WINDOW CONTROLS
LIMITED (REGISTERED NUMBER: 04592847)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THOMAS DOOR AND WINDOW CONTROLS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: B J Thomas
M M Thomas
S M Thomas





SECRETARY: M M Thomas





REGISTERED OFFICE: Units 1-5
65 Livingstone Road
Hove
East Sussex
BN3 3WN





REGISTERED NUMBER: 04592847 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

THOMAS DOOR AND WINDOW CONTROLS
LIMITED (REGISTERED NUMBER: 04592847)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,672 6,724

CURRENT ASSETS
Stocks 25,000 14,400
Debtors 5 361,786 337,708
Cash at bank 1,078,828 813,879
1,465,614 1,165,987
CREDITORS
Amounts falling due within one year 6 (516,708 ) (393,575 )
NET CURRENT ASSETS 948,906 772,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

959,578

779,136

PROVISIONS FOR LIABILITIES (2,670 ) (1,680 )
NET ASSETS 956,908 777,456

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Share premium 380,917 380,917
Retained earnings 570,991 391,539
SHAREHOLDERS' FUNDS 956,908 777,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 9 April 2024 and were signed on its behalf by:





M M Thomas - Director


THOMAS DOOR AND WINDOW CONTROLS
LIMITED (REGISTERED NUMBER: 04592847)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Thomas Door and Window Controls 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - over the term of the lease
Plant and machinery - 20% straight line
Fixtures and fittings - 20% straight line
Motor vehicles - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

THOMAS DOOR AND WINDOW CONTROLS
LIMITED (REGISTERED NUMBER: 04592847)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs
The company operates a defined contribution pension scheme in respect of the directors. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 26 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 January 2023 61,316 1,239 24,544 87,099
Additions - - 8,728 8,728
At 31 December 2023 61,316 1,239 33,272 95,827
DEPRECIATION
At 1 January 2023 61,316 1,239 17,820 80,375
Charge for year - - 4,780 4,780
At 31 December 2023 61,316 1,239 22,600 85,155
NET BOOK VALUE
At 31 December 2023 - - 10,672 10,672
At 31 December 2022 - - 6,724 6,724

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 358,239 335,857
Amounts owed by group undertakings 184 67
Other debtors 3,363 1,784
361,786 337,708

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 88,064 106,886
Amounts owed to group undertakings 39,952 39,952
Taxation and social security 372,502 228,948
Other creditors 16,190 17,789
516,708 393,575

THOMAS DOOR AND WINDOW CONTROLS
LIMITED (REGISTERED NUMBER: 04592847)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 90,452 70,819
Between one and five years 37,910 74,839
128,362 145,658

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Thomas & Sons Holdings Ltd.

Registered Office:

Units 1-5
65 Livingstone Road
Hove
East Sussex
BN3 3WN
United Kingdom