Thilway Limited
Registered number: 08394727
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 4,346 5,432
Current assets
Cash at bank and in hand 26,495 48,334
Creditors: amounts falling due within one year 4 (8,200) (22,811)
Net current assets 18,295 25,523
Net assets 22,641 30,955
Capital and reserves
Called up share capital 1 1
Profit and loss account 22,640 30,954
Shareholders' funds 22,641 30,955
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
F. Manful
Director
Approved by the board on 20 November 2024
Thilway Limited
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 12,336
At 29 February 2024 12,336
Depreciation
At 1 March 2023 6,904
Charge for the year 1,086
At 29 February 2024 7,990
Net book value
At 29 February 2024 4,346
At 28 February 2023 5,432
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 5,725 16,495
Other taxes and social security costs 2,475 6,316
8,200 22,811
5 Other information
Thilway Limited is a private company limited by shares and incorporated in England. Its registered office is:
29a Plough Lane
Purley
CR8 3QG
Thilway Limited 08394727 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts April 2022 F. Manful No description of principal activity 08394727 2022-03-01 2023-02-28 08394727 core:WithinOneYear 2023-02-28 08394727 core:ShareCapital 2023-02-28 08394727 core:RetainedEarningsAccumulatedLosses 2023-02-28 08394727 2023-03-01 2024-02-29 08394727 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 08394727 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 08394727 bus:Director40 2023-03-01 2024-02-29 08394727 core:PlantMachinery 2023-03-01 2024-02-29 08394727 countries:England 2023-03-01 2024-02-29 08394727 bus:FRS102 2023-03-01 2024-02-29 08394727 bus:FullAccounts 2023-03-01 2024-02-29 08394727 2024-02-29 08394727 core:WithinOneYear 2024-02-29 08394727 core:ShareCapital 2024-02-29 08394727 core:RetainedEarningsAccumulatedLosses 2024-02-29 08394727 core:PlantMachinery 2024-02-29 08394727 2023-02-28 08394727 core:PlantMachinery 2023-02-28 iso4217:GBP xbrli:pure