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REGISTERED NUMBER: 13193570 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024

FOR

THRIFT INVESTMENTS LTD

THRIFT INVESTMENTS LTD (BY SHARES) (REGISTERED NUMBER: 13193570)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2


THRIFT INVESTMENTS LTD (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2024







DIRECTOR: M Patel





REGISTERED OFFICE: The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ





REGISTERED NUMBER: 13193570 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

THRIFT INVESTMENTS LTD (BY SHARES) (REGISTERED NUMBER: 13193570)

BALANCE SHEET
28 FEBRUARY 2024

2024 2023
£    £    £    £   
FIXED ASSETS 12,355 1,554

CURRENT ASSETS 19,917 20,472

CREDITORS
Amounts falling due within one year (2,598 ) (2,874 )
NET CURRENT ASSETS 17,319 17,598
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,674

19,152

CAPITAL AND RESERVES 29,674 19,152

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2024 and 28 February 2023:

2024 2023
£    £   
M Patel
Balance outstanding at start of year 2,488 -
Amounts advanced 4,884 2,488
Amounts repaid (7,955 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (583 ) 2,488

This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

Also during the year, the company paid M Patel rent amounting to £7,955 as a result of utilising office space within his home.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

THRIFT INVESTMENTS LTD (BY SHARES) (REGISTERED NUMBER: 13193570)

BALANCE SHEET - continued
28 FEBRUARY 2024


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 August 2024 and were signed by:





M Patel - Director