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REGISTERED NUMBER: 05842686 (England and Wales)


Unaudited Financial Statements for the Year Ended 31 December 2023

for

21st Century Thame Limited

21st Century Thame Limited (Registered number: 05842686)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


21st Century Thame Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S Martin-Downhill
S Smits
R Reed





REGISTERED OFFICE: 6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT





REGISTERED NUMBER: 05842686 (England and Wales)





ACCOUNTANTS: Fizz Accounting Limited
6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT

21st Century Thame Limited (Registered number: 05842686)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 783 1,225

CURRENT ASSETS
Debtors 5 620 142
Cash at bank 14,365 13,088
14,985 13,230
CREDITORS
Amounts falling due within one year 6 10,341 6,549
NET CURRENT ASSETS 4,644 6,681
TOTAL ASSETS LESS CURRENT LIABILITIES 5,427 7,906

RESERVES
Income and expenditure account 5,427 7,906
5,427 7,906

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 surplus or deficit 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 23 August 2024 and were signed on its behalf by:




S Martin-Downhill - Director S Smits - Director




R Reed - Director


21st Century Thame Limited (Registered number: 05842686)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

21st Century Thame Limited is a private company, limited by guarantee , 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 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 etc - 25% on cost

Government grants
Government grants are accounted for on an accruals basis, and released in the same period as the costs they relate to.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

21st Century Thame Limited (Registered number: 05842686)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 6,818
Additions 431
At 31 December 2023 7,249
DEPRECIATION
At 1 January 2023 5,593
Charge for year 873
At 31 December 2023 6,466
NET BOOK VALUE
At 31 December 2023 783
At 31 December 2022 1,225

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 620 142

Other Debtors includes the following items:
1) £188 (2022: £68) of expenses paid in advance.
2) £432 (2022: £74) of income due to the company in respect of activities taking place during the year.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 532 697
Other creditors 9,809 5,852
10,341 6,549

Other Creditors includes the following items -
1) Monies held on behalf of the Environment Group Sub-committee of £246 (2022: £246) and the Thame Carnival of £2,642 (2022: £2,530).
2) Government grant and sponsorship income received in the year that had not yet been used for its specified purpose of £6,054 (2022: £2,266).
3) Income for equipment rentals that was received in advance of £567 (2022: £nil).
4) Accruals of accountancy fees of £300 (2022: £300) and sub-contractor costs £nil (2022: £310).
5) Refundable deposits of £nil (2022: £200).

7. GUARANTEE

Every member of the company undertakes to contribute to the assets of the company, in the event of the same being wound up while he is a member, or within one year after he ceases to be a member, for payment of the debts and liabilities of the company contracted before he ceases to be a member, and of the costs, charges and expenses of winding up and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding £1.