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REGISTERED NUMBER: 13219694 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024

FOR

F W THOMAS LIMITED

F W THOMAS LIMITED (REGISTERED NUMBER: 13219694)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

F W THOMAS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 MARCH 2024







DIRECTOR: F W Thomas





REGISTERED OFFICE: 23 Bilston Street
Dudley
DY3 1JA





REGISTERED NUMBER: 13219694 (England and Wales)





ACCOUNTANTS: Bytheway & Co Accountants Ltd
Chartered Certified Accountants
Heame House, 23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA

F W THOMAS LIMITED (REGISTERED NUMBER: 13219694)

BALANCE SHEET
30 MARCH 2024

30/3/24 30/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 486,278 727,805

CURRENT ASSETS
Stocks 238,967 135,658
Debtors 5 236,759 17,580
Prepayments and accrued income - 31,441
Cash at bank and in hand 77,443 108,866
553,169 293,545
CREDITORS
Amounts falling due within one year 6 360,284 347,553
NET CURRENT ASSETS/(LIABILITIES) 192,885 (54,008 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

679,163

673,797

PROVISIONS FOR LIABILITIES 7 121,490 107,133
NET ASSETS 557,673 566,664

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 557,573 566,564
557,673 566,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

F W THOMAS LIMITED (REGISTERED NUMBER: 13219694)

BALANCE SHEET - continued
30 MARCH 2024


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 director and authorised for issue on 26 November 2024 and were signed by:





F W Thomas - Director


F W THOMAS LIMITED (REGISTERED NUMBER: 13219694)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024

1. STATUTORY INFORMATION

F W Thomas Limited is a private company, limited by shares , 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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

F W THOMAS LIMITED (REGISTERED NUMBER: 13219694)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 March 2023 1,135,759
Additions 56,551
At 30 March 2024 1,192,310
DEPRECIATION
At 31 March 2023 407,954
Charge for year 298,078
At 30 March 2024 706,032
NET BOOK VALUE
At 30 March 2024 486,278
At 30 March 2023 727,805

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/3/24 30/3/23
£    £   
Trade debtors 185,204 17,580
Other debtors 51,555 -
236,759 17,580

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/3/24 30/3/23
£    £   
Trade creditors 173,987 72,550
Taxation and social security 91,378 95,242
Other creditors 94,919 179,761
360,284 347,553

7. PROVISIONS FOR LIABILITIES
30/3/24 30/3/23
£    £   
Deferred tax 121,490 107,133

Deferred
tax
£   
Balance at 31 March 2023 107,133
Provided during year 14,357
Balance at 30 March 2024 121,490

F W THOMAS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
F W THOMAS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 March 2024 set out on pages one to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Bytheway & Co Accountants Ltd
Chartered Certified Accountants
Heame House, 23 Bilston Street
Sedgley
Dudley
West Midlands
DY3 1JA


26 November 2024