Company Registration No. 09006777 (England and Wales)
TUK TUK THAI LTD
Unaudited accounts
for the year ended 30 March 2024
TUK TUK THAI LTD
Unaudited accounts
Contents
TUK TUK THAI LTD
Company Information
for the year ended 30 March 2024
Company Number
09006777 (England and Wales)
Registered Office
51 SEAVIEW ROAD
WALLASEY
CH45 4QW
ENGLAND
Accountants
KLAS ACCOUNTANTS LTD
Eastham Hall
109, Eastham Village Road
Eastham
Wirral
CH62 0AF
TUK TUK THAI LTD
Statement of financial position
as at 30 March 2024
Tangible assets
112,657
112,814
Cash at bank and in hand
1,561
1,271
Creditors: amounts falling due within one year
(133,992)
(123,774)
Net current liabilities
(129,931)
(122,503)
Net liabilities
(17,274)
(9,689)
Called up share capital
10
10
Profit and loss account
(17,284)
(9,699)
Shareholders' funds
(17,274)
(9,689)
For the year ending 30 March 2024 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 his 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 18 April 2024 and were signed on its behalf by
Pawares Srising
Director
Company Registration No. 09006777
TUK TUK THAI LTD
Notes to the Accounts
for the year ended 30 March 2024
TUK TUK THAI LTD is a private company, limited by shares, registered in England and Wales, registration number 09006777. The registered office is 51 SEAVIEW ROAD, WALLASEY, CH45 4QW, ENGLAND.
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.
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:
Land & buildings
6% depreciation on the straight line basis
Plant & machinery
20% depreciation on the reducing balance basis
Fixtures & fittings
20% depreciation on the reducing balance basis
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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.
TUK TUK THAI LTD
Notes to the Accounts
for the year ended 30 March 2024
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 31 March 2023
127,500
13,000
20,500
161,000
At 30 March 2024
127,500
13,000
22,000
162,500
At 31 March 2023
21,468
9,592
17,126
48,186
Charge for the year
-
682
975
1,657
At 30 March 2024
21,468
10,274
18,101
49,843
At 30 March 2024
106,032
2,726
3,899
112,657
At 30 March 2023
106,032
3,408
3,374
112,814
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
106
108
Loans from directors
132,896
122,676
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).