1 April 2023 false Taxfiler 2024.6 SC501752business:PrivateLimitedCompanyLtd2023-04-012024-03-31 SC5017522023-03-31 SC5017522023-04-012024-03-31 SC501752business:AuditExemptWithAccountantsReport2023-04-012024-03-31 SC501752business:FilletedAccounts2023-04-012024-03-31 SC5017522024-03-31 SC501752business:Director12023-04-012024-03-31 SC501752business:RegisteredOffice2023-04-012024-03-31 SC5017522023-03-31 SC501752core:WithinOneYear2024-03-31 SC501752core:WithinOneYear2023-03-31 SC501752core:AfterOneYear2024-03-31 SC501752core:AfterOneYear2023-03-31 SC501752core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC501752core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC501752core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC501752core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC501752core:PreviouslyStatedAmount2024-03-31 SC501752core:PreviouslyStatedAmount2023-03-31 SC501752business:SmallEntities2023-04-012024-03-31 SC501752countries:Scotland2023-04-012024-03-31 SC501752core:PlantMachinery2023-04-012024-03-31 SC501752core:FurnitureFittings2023-04-012024-03-31 SC501752core:ComputerEquipment2023-04-012024-03-31 SC501752core:LandBuildings2023-03-31 SC501752core:PlantMachinery2023-03-31 SC501752core:FurnitureFittings2023-03-31 SC501752core:ComputerEquipment2023-03-31 SC501752core:LandBuildings2023-04-012024-03-31 SC501752core:LandBuildings2024-03-31 SC501752core:PlantMachinery2024-03-31 SC501752core:FurnitureFittings2024-03-31 SC501752core:ComputerEquipment2024-03-31 SC501752business:OrdinaryShareClass12023-04-012024-03-31 SC501752business:OrdinaryShareClass12022-04-012023-03-31 SC5017522022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC501752 (Scotland)
THAI PHANYA LIMITED Unaudited accounts for the year ended 31 March 2024
THAI PHANYA LIMITED Unaudited accounts Contents
Page
- 2 -
THAI PHANYA LIMITED Company Information for the year ended 31 March 2024
Director
Mr Ritnaret Pookhaphak
Company Number
SC501752 (Scotland)
Registered Office
95-97 NEW ROAD AYR KA8 8DD SCOTLAND
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
- 3 -
THAI PHANYA LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
657,330 
525,650 
Current assets
Inventories
2,231 
1,067 
Debtors
- 
2,422 
Cash at bank and in hand
35,513 
33,839 
37,744 
37,328 
Creditors: amounts falling due within one year
(172,673)
(92,898)
Net current liabilities
(134,929)
(55,570)
Total assets less current liabilities
522,401 
470,080 
Creditors: amounts falling due after more than one year
(116,127)
(129,378)
Net assets
406,274 
340,702 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
406,272 
340,700 
Shareholders' funds
406,274 
340,702 
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 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 8 November 2024 and were signed on its behalf by
Mr Ritnaret Pookhaphak Director Company Registration No. SC501752
- 4 -
THAI PHANYA LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
THAI PHANYA LIMITED is a private company, limited by shares, registered in Scotland, registration number SC501752. The registered office is 95-97 NEW ROAD, AYR, KA8 8DD, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method
Fixtures & fittings
20% reducing balance method
Computer equipment
20% reducing balance method
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
THAI PHANYA LIMITED Notes to the Accounts for the year ended 31 March 2024
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
222,411 
53,578 
445,839 
14,103 
735,931 
Additions
- 
59,305 
181,105 
- 
240,410 
At 31 March 2024
222,411 
112,883 
626,944 
14,103 
976,341 
Depreciation
At 1 April 2023
- 
27,281 
171,801 
11,199 
210,281 
Charge for the year
- 
17,120 
91,029 
581 
108,730 
At 31 March 2024
- 
44,401 
262,830 
11,780 
319,011 
Net book value
At 31 March 2024
222,411 
68,482 
364,114 
2,323 
657,330 
At 31 March 2023
222,411 
26,297 
274,038 
2,904 
525,650 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,422 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
25,541 
- 
Taxes and social security
3,728 
898 
Loans from directors
143,404 
92,000 
172,673 
92,898 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
116,127 
129,378 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 9 (2023: 9).
- 6 -