THY LIMITED

Company Registration Number:
12515478 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THY LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

MR CHACKO KURIAN


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
2 December 2024

And signed on behalf of the board by:
Name: MR CHACKO KURIAN
Status: Director

THY LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 3,488,751 2,354,158
Cost of sales: ( 1,854,215 ) ( 1,289,654 )
Gross profit(or loss): 1,634,536 1,064,504
Distribution costs: ( 112,547 ) ( 86,525 )
Administrative expenses: ( 398,565 ) ( 246,525 )
Operating profit(or loss): 1,123,424 731,454
Profit(or loss) before tax: 1,123,424 731,454
Tax: ( 274,587 ) ( 138,976 )
Profit(or loss) for the financial year: 848,837 592,478

THY LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 621,587 445,865
Total fixed assets: 621,587 445,865
Current assets
Stocks: 4 1,081,824 345,908
Debtors: 5 598,741 421,585
Cash at bank and in hand: 261,784 222,414
Total current assets: 1,942,349 989,907
Creditors: amounts falling due within one year: 6 ( 489,854 ) ( 210,527 )
Net current assets (liabilities): 1,452,495 779,380
Total assets less current liabilities: 2,074,082 1,225,245
Total net assets (liabilities): 2,074,082 1,225,245
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 2,074,081 1,225,244
Total Shareholders' funds: 2,074,082 1,225,245

The notes form part of these financial statements

THY LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 December 2024
and signed on behalf of the board by:

Name: MR CHACKO KURIAN
Status: Director

The notes form part of these financial statements

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 12 9

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 260,000 49,195 32,886 53,539 124,326 519,946
Additions 25,644 48,544 74,587 153,762 302,537
Disposals
Revaluations
Transfers
At 31 March 2024 260,000 74,839 81,430 128,126 278,088 822,483
Depreciation
At 1 April 2023 10,193 8,788 16,465 38,635 74,081
Charge for year 14,967 16,286 25,625 69,937 126,815
On disposals
Other adjustments
At 31 March 2024 25,160 25,074 42,090 108,572 200,896
Net book value
At 31 March 2024 260,000 49,679 56,356 86,036 169,516 621,587
At 31 March 2023 260,000 39,002 24,098 37,074 85,691 445,865

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 1,081,824 345,908
Total 1,081,824 345,908

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 598,741 421,585
Total 598,741 421,585

THY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 179,422 71,551
Taxation and social security 310,432 138,976
Total 489,854 210,527