Company Registration No. 11617713 (England and Wales)
Thakar Trading LTD
Unaudited accounts
for the year ended 31 December 2023
Thakar Trading LTD
Unaudited accounts
Contents
Thakar Trading LTD
Company Information
for the year ended 31 December 2023
Company Number
11617713 (England and Wales)
Registered Office
1 OVERDALE ROAD
CHESHAM
BUCKINGHAMSHIRE
HP5 2DZ
United Kingdom
Accountants
SAP Accountancy Ltd
38 Castleham Business Centre
Sterling Road
Hastings
TN38 9NP
Thakar Trading LTD
Statement of financial position
as at 31 December 2023
Tangible assets
2,474
1,255
Cash at bank and in hand
30,763
40,800
Creditors: amounts falling due within one year
(96,879)
(89,155)
Net current assets
44,139
23,810
Profit and loss account
46,611
25,063
Shareholders' funds
46,613
25,065
For the year ending 31 December 2023 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 14 September 2024 and were signed on its behalf by
S Thakar
Director
Company Registration No. 11617713
Thakar Trading LTD
Notes to the Accounts
for the year ended 31 December 2023
Thakar Trading LTD is a private company, limited by shares, registered in England and Wales, registration number 11617713. The registered office is 1 OVERDALE ROAD, CHESHAM, BUCKINGHAMSHIRE, HP5 2DZ, United Kingdom.
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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:
Plant & machinery
20% on Straight Line
Computer equipment
25% on Straight Line
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,319
639
1,958
At 31 December 2023
1,319
2,525
3,844
At 1 January 2023
330
373
703
Charge for the year
264
403
667
At 31 December 2023
594
776
1,370
At 31 December 2023
725
1,749
2,474
At 31 December 2022
989
266
1,255
Amounts falling due within one year
Trade debtors
69,139
41,761
Thakar Trading LTD
Notes to the Accounts
for the year ended 31 December 2023
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,485
10,452
Trade creditors
2,880
4,823
Taxes and social security
5,341
5,561
Loans from directors
60,824
54,125
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Average number of employees
During the year the average number of employees was 1 (2022: 0).