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REGISTERED NUMBER: 08414581 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

W M THOMAS LIMITED

W M THOMAS LIMITED (REGISTERED NUMBER: 08414581)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W M THOMAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







Director: Dr. W M Thomas





Secretary: Dr. K Williamson





Registered office: 10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP





Registered number: 08414581 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP

W M THOMAS LIMITED (REGISTERED NUMBER: 08414581)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 4 494 988
Investments 5 129,115 112,227
129,609 113,215

Current assets
Debtors 6 855 4,706
Cash at bank 280,187 245,734
281,042 250,440
Creditors
Amounts falling due within one year 7 (20,922 ) (18,409 )
Net current assets 260,120 232,031
Total assets less current liabilities 389,729 345,246

Capital and reserves
Called up share capital 100 100
Retained earnings 389,629 345,146
Shareholders' funds 389,729 345,246

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 July 2024 and were signed by:





Dr. W M Thomas - Director


W M THOMAS LIMITED (REGISTERED NUMBER: 08414581)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

W M Thomas 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on cost

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.

Rentals applicable to operating leases where substantially all of the benefits and risks of the ownership
remain with the lessor are charged against profits on a straight-line basis over the period of the lease.

Investments
Investments are shown at cost , adjusted for realised gains, losses and for charges made.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Equipment
£
Cost
At 1 April 2023
and 31 March 2024 1,977
Depreciation
At 1 April 2023 989
Charge for year 494
At 31 March 2024 1,483
Net book value
At 31 March 2024 494
At 31 March 2023 988

5. FIXED ASSET INVESTMENTS

Investments with a cost of £87,000 (2023 - £87,000) are listed on a recognised stock exchange and had a market value of £129,115 at the year-end (2023 - £112,227). A revaluation gain of £16,888 (2023 -£4,452) has been recognised in the year.

W M THOMAS LIMITED (REGISTERED NUMBER: 08414581)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 855 4,706

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors - 769
Taxation and social security 11,114 8,144
Other creditors 9,808 9,496
20,922 18,409

8. RELATED PARTY DISCLOSURES

The company was under the control of Dr W M Thomas throughout the current period. Dr Thomas is the managing director and majority shareholder.