2023-04-01 09149141 2024-03-31 09149141 2023-04-01 2024-03-31 09149141 2023-03-31 09149141 2022-04-01 2023-03-31 09149141 uk-core:WithinOneYear 2023-03-31 09149141 uk-core:WithinOneYear 2024-03-31 09149141 uk-core:ShareCapital 2024-03-31 09149141 uk-core:ShareCapital 2023-03-31 09149141 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 09149141 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 09149141 uk-bus:Director1 2023-04-01 2024-03-31 09149141 uk-core:PlantMachinery 2023-04-01 2024-03-31 09149141 uk-core:ComputerEquipment 2023-04-01 2024-03-31 09149141 uk-core:FurnitureFittings 2023-04-01 2024-03-31 09149141 uk-core:ComputerEquipment 2023-03-31 09149141 uk-core:FurnitureFittings 2023-03-31 09149141 uk-core:PlantMachinery 2023-03-31 09149141 uk-core:PlantMachinery 2024-03-31 09149141 uk-core:FurnitureFittings 2024-03-31 09149141 uk-core:ComputerEquipment 2024-03-31 09149141 uk-core:WithinOneYear 2024-03-31 09149141 uk-core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure 09149141 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09149141 uk-bus:FRS102 2023-04-01 2024-03-31 09149141 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 09149141 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
The Thread Studio Uk Ltd
Registered Number:09149141
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
The Thread Studio Uk Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09149141
As at 31 March 2024
The Thread Studio Uk Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
14,617
18,768
2
14,617
18,768
Current assets
Inventories
17,968
18,000
3
Trade and other receivables
17,741
48,603
4
18,797
Cash and cash equivalents
9,736
76,339
54,506
Trade and other payables: amounts falling due within one
year
(71,153)
(74,768)
5
(16,647)
1,571
Net current assets
Total assets less current liabilities
16,188
2,121
16,188
Net assets
2,121
Capital and reserves
Called up share capital
10
10
Retained earnings
16,178
2,111
16,188
2,121
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Clare Wright Director
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
The Thread Studio Uk Ltd
Notes to the Financial Statements
Statutory Information
The Thread Studio Uk Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09149141.
Registered address:
Neptune House, Merlin Quay
Hazel Road, Woolston
Southampton
Hampshire
SO19 7GB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25 Reducing balance
25 Reducing balance
Computer Equipment
25 Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 April 2023
54,393
18,247
3,477
32,669
624
-
-
624
Additions
At 31 March 2024
33,293
3,477
18,247
55,017
Provision for depreciation and impairment
At 01 April 2023
35,625
9,515
1,890
24,220
Charge for year
4,775
2,181
396
2,198
At 31 March 2024
40,400
11,696
2,286
26,418
At 31 March 2024
Net book value
6,875
1,191
6,551
14,617
At 31 March 2023
8,449
1,587
8,732
18,768
2 of 3
5
For the year ended 31 March 2024
The Thread Studio Uk Ltd
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
18,000
17,968
4. Trade and other receivables
2023
2024
£
£
Trade debtors
44,011
12,477
Other debtors
4,592
5,264
17,741
48,603
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
52,631
61,520
Trade creditors
12,968
8,579
Taxation and social security
8,819
885
Other creditors
350
169
74,768
71,153
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 3