Company Registration No. 05970540 (England and Wales)
Thian Enterprises Limited
Unaudited accounts
for the year ended 31 March 2024
Thian Enterprises Limited
Unaudited accounts
Contents
Thian Enterprises Limited
Company Information
for the year ended 31 March 2024
Directors
Thanyarat Sangthong
Waranyu Sangthong
Pognatee Thisakhu
Company Number
05970540 (England and Wales)
Registered Office
25 London street
Basingstoke
Hampshire
RG21 7PG
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Thian Enterprises Limited
Accountants' report
Accountants' report to the board of directors of Thian Enterprises Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Thian Enterprises Limited for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Thian Enterprises Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Thian Enterprises Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thian Enterprises Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Thian Enterprises Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Thian Enterprises Limited. You consider that Thian Enterprises Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Thian Enterprises Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
20 August 2024
Thian Enterprises Limited
Statement of financial position
as at 31 March 2024
Tangible assets
29,292
31,605
Cash at bank and in hand
54,396
185,734
Creditors: amounts falling due within one year
(260,855)
(325,128)
Net current liabilities
(109,393)
(67,799)
Total assets less current liabilities
(80,101)
(36,194)
Creditors: amounts falling due after more than one year
(64,182)
(22,435)
Net liabilities
(144,283)
(58,629)
Called up share capital
3
3
Profit and loss account
(144,286)
(58,632)
Shareholders' funds
(144,283)
(58,629)
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by
Thanyarat Sangthong
Director
Company Registration No. 05970540
Thian Enterprises Limited
Notes to the Accounts
for the year ended 31 March 2024
Thian Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 05970540. The registered office is 25 London street, Basingstoke, Hampshire, RG21 7PG.
2
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
25% on straight line method
Fixtures & fittings
25% on straight line method
Computer equipment
25% on straight line method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
122,016
80,585
22,752
13,812
239,165
Additions
-
1,204
-
999
2,203
At 31 March 2024
122,016
81,789
22,752
14,811
241,368
At 1 April 2023
93,216
79,502
22,752
12,090
207,560
Charge for the year
1,921
1,244
-
1,351
4,516
At 31 March 2024
95,137
80,746
22,752
13,441
212,076
At 31 March 2024
26,879
1,043
-
1,370
29,292
At 31 March 2023
28,800
1,083
-
1,722
31,605
Thian Enterprises Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
50,000
40,000
Accrued income and prepayments
5,164
5,000
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
131,677
140,899
Taxes and social security
-
4,920
Loans from directors
129,178
124,320
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(124,320)
(127,215)
(122,357)
(129,178)
(124,320)
(127,215)
(122,357)
(129,178)
10
Average number of employees
During the year the average number of employees was 13 (2023: 12).