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REGISTERED NUMBER: 03064963 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Thwaites & Reed Engineering Ltd

Thwaites & Reed Engineering Ltd (by shares) (Registered number: 03064963)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2


Thwaites & Reed Engineering Ltd (by shares)

Company Information
for the Year Ended 31 May 2024







DIRECTOR: M W Lee





SECRETARY: A Ball





REGISTERED OFFICE: 82 Bevendean Avenue
Saltdean
Brighton
East Sussex
BN2 8PE





REGISTERED NUMBER: 03064963 (England and Wales)





ACCOUNTANTS: Clamp Boxall Ltd
88 Boundary Road
Hove
East Sussex
BN3 7GA

Thwaites & Reed Engineering Ltd (by shares) (Registered number: 03064963)

Balance Sheet
31 May 2024

31.5.24 31.5.23
£    £    £    £   
FIXED ASSETS 354 504

CURRENT ASSETS 45,048 43,093

PREPAYMENTS AND ACCRUED INCOME 574 413

CREDITORS
Amounts falling due within one year (28,583 ) (24,652 )
NET CURRENT ASSETS 17,039 18,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,393

19,358

CREDITORS
Amounts falling due after more than one
year

(14,207

)

(16,893

)

ACCRUALS AND DEFERRED INCOME (2,097 ) (2,096 )
NET ASSETS 1,089 369

CAPITAL AND RESERVES 1,089 369

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2023 - 1 ) .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
M W Lee
Balance outstanding at start of year 13,301 15,930
Amounts advanced 44,947 42,985
Amounts repaid (52,574 ) (45,614 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,674 13,301

The loan is unsecured and repayable on demand. Interest has been charged on the loan at a rate of 2.25%.

3. OTHER INFORMATION

The company is a private company incorporated in England & Wales. The registered office address is 82 Bevendean Avenue, Saltdean, Brighton, East Sussex, BN2 8PE.



Thwaites & Reed Engineering Ltd (by shares) (Registered number: 03064963)

Balance Sheet - continued
31 May 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 17 February 2025 and were signed by:





M W Lee - Director