Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity01truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07549267 2023-05-01 2024-04-30 07549267 2022-05-01 2023-04-30 07549267 2024-04-30 07549267 2023-04-30 07549267 c:Director1 2023-05-01 2024-04-30 07549267 d:CurrentFinancialInstruments 2024-04-30 07549267 d:CurrentFinancialInstruments 2023-04-30 07549267 d:Non-currentFinancialInstruments 2024-04-30 07549267 d:Non-currentFinancialInstruments 2023-04-30 07549267 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 07549267 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 07549267 d:ShareCapital 2024-04-30 07549267 d:ShareCapital 2023-04-30 07549267 d:OtherMiscellaneousReserve 2024-04-30 07549267 d:OtherMiscellaneousReserve 2023-04-30 07549267 d:RetainedEarningsAccumulatedLosses 2024-04-30 07549267 d:RetainedEarningsAccumulatedLosses 2023-04-30 07549267 c:OrdinaryShareClass2 2023-05-01 2024-04-30 07549267 c:OrdinaryShareClass2 2024-04-30 07549267 c:OrdinaryShareClass2 2023-04-30 07549267 c:FRS102 2023-05-01 2024-04-30 07549267 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07549267 c:FullAccounts 2023-05-01 2024-04-30 07549267 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07549267 2 2023-05-01 2024-04-30 07549267 5 2023-05-01 2024-04-30 07549267 6 2023-05-01 2024-04-30 07549267 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 07549267










D.K. THOMAS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
D.K. THOMAS LIMITED
REGISTERED NUMBER: 07549267

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
29,860
26,221

  
29,860
26,221

Current assets
  

Debtors
 5 
375,010
537,677

Cash at bank and in hand
 6 
844,694
699,382

  
1,219,704
1,237,059

Creditors: amounts falling due within one year
 7 
(4,965)
(19,094)

Net current assets
  
 
 
1,214,739
 
 
1,217,965

Total assets less current liabilities
  
1,244,599
1,244,186

  

Net assets
  
1,244,599
1,244,186


Capital and reserves
  

Called up share capital 
 8 
1
1

Other reserves
  
444,350
444,350

Profit and loss account
  
800,248
799,835

  
1,244,599
1,244,186


Page 1

 
D.K. THOMAS LIMITED
REGISTERED NUMBER: 07549267
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




D K Thomas
Director

Date: 14 January 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
D.K. THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

D.K. Thomas Limited, 07549267, is a private limited company limited by shares, incorporated in England and Wales, with its registered office and principal place of business at 39-41 Church Street, Oswestry, Shropshire, SY11 2SZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
D.K. THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.7

Valuation of investments

Investments held as fixed assets are shown as cost less provision for impairment. Investments are stated at cost, plus allocated profits, less drawings to date, plus any revaluations. 

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
D.K. THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 1).


4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


At 1 May 2023
26,221


Additions
3,639



At 30 April 2024
29,860




Page 5

 
D.K. THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors


2024
2023
£
£

Due after more than one year

Amounts owed by joint ventures and associated undertakings
301,665
437,412

301,665
437,412

Due within one year

Amounts owed by joint ventures and associated undertakings
-
37,050

Other debtors
73,345
63,215

375,010
537,677



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
844,694
699,382

844,694
699,382



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
4,197
18,350

Accruals and deferred income
768
744

4,965
19,094


D.K. Thomas Limited entered into a loan agreement with Barclays Bank UK PLC on 23 August 2011. Barclays Bank UK PLC have a fixed and floating charge over all undertakings and assets of the company as a result of this agreement.

Page 6

 
D.K. THOMAS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary A shares of £0.01 each
1.00
1.00



9.


Transactions with directors

Included within other debtors is a loan to the directors for £55,111 (2023: £47,537). Interest at the official rate has been charged on this loan. 

 
Page 7