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REGISTERED NUMBER: 06673280 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Thunder T Services Limited

Thunder T Services Limited (Registered number: 06673280)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


Thunder T Services Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr Thor Wayne Thomson
Mrs Cheryl Thomson





REGISTERED OFFICE: 100a Barkham Ride
Finchampstead
Wokingham
Berkshire
RG40 4EN





REGISTERED NUMBER: 06673280 (England and Wales)





ACCOUNTANTS: Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL

Thunder T Services Limited

Report of the Accountants to the Directors of
Thunder T Services Limited

The following reproduces the text of the report prepared for the directors 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 Directors 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 September 2024 set out on page nil 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.






Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL


Date: .............................................

Thunder T Services Limited (Registered number: 06673280)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 243,400 242,349

CURRENT ASSETS
Debtors 5 612,078 582,597
Cash at bank 241,004 406,351
853,082 988,948
CREDITORS
Amounts falling due within one year 6 (189,193 ) (204,521 )
NET CURRENT ASSETS 663,889 784,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

907,289

1,026,776

PROVISIONS FOR LIABILITIES 7 (72,143 ) (46,249 )
NET ASSETS 835,146 980,527

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 835,144 980,525
SHAREHOLDERS' FUNDS 835,146 980,527

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 13 January 2025 and were signed on its behalf by:



Mrs Cheryl Thomson - Director


Thunder T Services Limited (Registered number: 06673280)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Thunder T Services 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

TAXATION
Taxation for the year comprises current. 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 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
Hire Purchase installments are bifurcated into Principal and interest portion as per HP statements. Hire Purchase interest has been charged to profit and loss accounts on accrual basis and Hire Purchase liabilities have been reduced by monthly repayments of Principal amounts.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

Thunder T Services Limited (Registered number: 06673280)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 58,083 15,221 384,204 58,512 516,020
Additions 2,408 1,463 171,861 4,525 180,257
Disposals - - (131,588 ) - (131,588 )
At 30 September 2024 60,491 16,684 424,477 63,037 564,689
DEPRECIATION
At 1 October 2023 39,788 11,832 189,758 32,293 273,671
Charge for year 5,176 1,213 67,058 7,686 81,133
Eliminated on disposal - - (33,515 ) - (33,515 )
At 30 September 2024 44,964 13,045 223,301 39,979 321,289
NET BOOK VALUE
At 30 September 2024 15,527 3,639 201,176 23,058 243,400
At 30 September 2023 18,295 3,389 194,446 26,219 242,349

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 594,918 562,343
Loan advanced to Phil Trainer - 1,870
Prepayments 17,160 18,384
612,078 582,597

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,359 9,526
Tax 9,319 92,808
Social Security & Other Taxes 8,672 16,530
Pension liability 548 1,421
VAT 166,771 83,001
Net Wages Payable - (904 )
Directors' current accounts 185 51
Accrued expenses 2,339 2,088
189,193 204,521

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 72,143 46,249

Thunder T Services Limited (Registered number: 06673280)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2023 46,249
Provided during year 25,894
Accelerated capital allowances
Balance at 30 September 2024 72,143

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 October 2023 980,525
Profit for the year 19,627
Dividends (165,008 )
At 30 September 2024 835,144

10. RELATED PARTY DISCLOSURES

During the year, dividend of £82,504 (P.Y. £65,872) each was declared and paid to Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson. Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson are also directors of the company.

11. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson who jointly own 100% of the issued share capital. Mr. Thor Wayne Thomson and Mrs. Cheryl Susan Thomson are also directors of the company.