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REGISTERED NUMBER: 06705072 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

DAY AND THOMPSON LIMITED

DAY AND THOMPSON LIMITED (REGISTERED NUMBER: 06705072)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DAY AND THOMPSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: C R Day
J Thompson





REGISTERED OFFICE: 7 Davidson Close
Great Cornard
Sudbury
Suffolk
CO10 0YU





REGISTERED NUMBER: 06705072 (England and Wales)





ACCOUNTANTS: SW Accountancy
Chartered Certified Accountants
7 Davidson Close
Great Cornard
Sudbury
Suffolk
CO10 0YU

DAY AND THOMPSON LIMITED (REGISTERED NUMBER: 06705072)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,934 20,615

CURRENT ASSETS
Debtors 5 8,779 20,260
Cash at bank 442,048 339,194
450,827 359,454
CREDITORS
Amounts falling due within one year 6 174,096 132,643
NET CURRENT ASSETS 276,731 226,811
TOTAL ASSETS LESS CURRENT LIABILITIES 291,665 247,426

PROVISIONS FOR LIABILITIES 3,734 3,917
NET ASSETS 287,931 243,509

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 287,928 243,506
SHAREHOLDERS' FUNDS 287,931 243,509

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 22 April 2024 and were signed on its behalf by:





C R Day - Director


DAY AND THOMPSON LIMITED (REGISTERED NUMBER: 06705072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Day and Thompson 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.

Turnover
Turnover represents the value, excluding value added tax, of goods and services supplied to customers 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.
Plant & equipment - 20% on cost
Office equipment - 33% on cost
Motor vehicles - 25% on reducing balance

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.

Long term contracts
Amounts recoverable on long term contracts are stated at cost plus attributable profits, less provision for any known or anticipated losses and payments on account, and are included in debtors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 3 ) .

DAY AND THOMPSON LIMITED (REGISTERED NUMBER: 06705072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Plant & Office Motor
equipment equipment vehicles Totals
£    £    £    £   
COST
At 1 March 2023 24,594 5,077 21,640 51,311
Additions 386 1,048 - 1,434
Disposals - (1,098 ) - (1,098 )
At 29 February 2024 24,980 5,027 21,640 51,647
DEPRECIATION
At 1 March 2023 9,367 2,936 18,393 30,696
Charge for year 4,262 1,674 813 6,749
Eliminated on disposal - (732 ) - (732 )
At 29 February 2024 13,629 3,878 19,206 36,713
NET BOOK VALUE
At 29 February 2024 11,351 1,149 2,434 14,934
At 28 February 2023 15,227 2,141 3,247 20,615

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,291 16,109
Other debtors 4,488 4,151
8,779 20,260

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,350 3,022
Taxation and social security 103,643 73,501
Other creditors 63,103 56,120
174,096 132,643

7. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.