IRIS Accounts Production v24.1.0.578 01373031 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false 2876 1248 3500 4124 624 2876 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh013730312022-09-30013730312023-09-30013730312022-10-012023-09-30013730312021-09-30013730312021-10-012022-09-30013730312022-09-3001373031ns15:EnglandWales2022-10-012023-09-3001373031ns14:PoundSterling2022-10-012023-09-3001373031ns10:Director12022-10-012023-09-3001373031ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3001373031ns10:SmallEntities2022-10-012023-09-3001373031ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3001373031ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3001373031ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3001373031ns10:FullAccounts2022-10-012023-09-300137303141ns10:Director12022-09-300137303141ns10:Director12022-10-012023-09-300137303141ns10:Director12021-10-012022-09-300137303141ns10:Director12022-09-3001373031ns10:Director22022-10-012023-09-3001373031ns10:CompanySecretary12022-10-012023-09-3001373031ns10:RegisteredOffice2022-10-012023-09-3001373031ns5:CurrentFinancialInstruments2023-09-3001373031ns5:CurrentFinancialInstruments2022-09-3001373031ns5:ShareCapital2023-09-3001373031ns5:ShareCapital2022-09-3001373031ns5:RetainedEarningsAccumulatedLosses2023-09-3001373031ns5:RetainedEarningsAccumulatedLosses2022-09-3001373031ns5:PlantMachinery2022-10-012023-09-3001373031ns5:PlantMachinery2022-09-3001373031ns5:PlantMachinery2023-09-3001373031ns5:PlantMachinery2022-09-3001373031ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3001373031ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3001373031ns5:Non-currentFinancialInstruments2023-09-3001373031ns5:Non-currentFinancialInstruments2022-09-3001373031ns10:Director222022-09-3001373031ns10:Director222021-09-3001373031ns10:Director222022-10-012023-09-3001373031ns10:Director222021-10-012022-09-3001373031ns10:Director222023-09-3001373031ns10:Director222022-09-30
REGISTERED NUMBER: 01373031 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Thanet-Ware Limited

Thanet-Ware Limited (Registered number: 01373031)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Thanet-Ware Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: Mrs D M Cooke
D V Cooke





SECRETARY: D V Cooke





REGISTERED OFFICE: Unit 38 Longshot Lane Industrial Estate
Bracknell
Berkshire
RG12 1RL





REGISTERED NUMBER: 01373031 (England and Wales)





ACCOUNTANTS: Butt Miller
Chartered Accountants
1 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

Thanet-Ware Limited (Registered number: 01373031)

Statement of Financial Position
30 September 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 5 32,500 20,000
Debtors 6 86,461 86,577
118,961 106,577
CREDITORS
Amounts falling due within one year 7 (70,067 ) (55,340 )
NET CURRENT ASSETS 48,894 51,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,894

51,237

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 48,891 51,234
48,894 51,237

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.

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 14 March 2024 and were signed on its behalf by:





D V Cooke - Director


Thanet-Ware Limited (Registered number: 01373031)

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


1. STATUTORY INFORMATION

Thanet-Ware 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.
Plant and machinery - 15% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 the Income Statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Thanet-Ware Limited (Registered number: 01373031)

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


4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2022
and 30 September 2023 21,621
DEPRECIATION
At 1 October 2022
and 30 September 2023 21,621
NET BOOK VALUE
At 30 September 2023 -
At 30 September 2022 -

5. STOCKS
2023 2022
£    £   
Stocks 12,500 7,500
Work in progress 20,000 12,500
32,500 20,000

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 27,419 19,634
Amounts owed by group undertakings 31,190 38,436
Other debtors 379 5,998
Directors' current accounts - 2,876
VAT 54 -
59,042 66,944

Amounts falling due after more than one year:
Trade debtors - 19,633
Other debtors 27,419 -
27,419 19,633

Aggregate amounts 86,461 86,577

Thanet-Ware Limited (Registered number: 01373031)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 652 6,069
Trade creditors 1,547 1,596
Amounts owed to group undertakings 21,824 21,824
Tax 22,779 22,779
Social security and other taxes 21,765 1,169
VAT - 365
Other creditors - 492
Accruals 1,500 1,046
70,067 55,340

8. SECURED DEBTS

The bank has a fixed and floating charge over all the undertakings of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2023 and 30 September 2022:

2023 2022
£    £   
Mrs D M Cooke and D V Cooke
Balance outstanding at start of year 2,876 -
Amounts advanced 1,248 3,500
Amounts repaid (4,124 ) (624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,876

The loan is unsecured, interest free and repayable on demand.