Company Registration No. 08548250 (England and Wales)
THOMAS ENGLISH LIMITED
Unaudited accounts
for the year ended 31 May 2024
THOMAS ENGLISH LIMITED
Unaudited accounts
Contents
THOMAS ENGLISH LIMITED
Company Information
for the year ended 31 May 2024
Company Number
08548250 (England and Wales)
Registered Office
116 GODWIN ROAD
LONDON
E7 0LP
ENGLAND
Accountants
Fox Accountancy Limited
88 Corbets Tey Road
Upminster
Essex
RM14 2BA
THOMAS ENGLISH LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
44,580
56,980
Cash at bank and in hand
22,976
43,457
Creditors: amounts falling due within one year
(35,271)
(32,669)
Net current assets
688
11,505
Total assets less current liabilities
45,268
68,485
Creditors: amounts falling due after more than one year
(7,775)
(15,551)
Called up share capital
100
100
Profit and loss account
37,393
52,834
Shareholders' funds
37,493
52,934
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2025 and were signed on its behalf by
Thomas English
Director
Company Registration No. 08548250
THOMAS ENGLISH LIMITED
Notes to the Accounts
for the year ended 31 May 2024
THOMAS ENGLISH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08548250. The registered office is 116 GODWIN ROAD, LONDON, E7 0LP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4
Intangible fixed assets
Goodwill
THOMAS ENGLISH LIMITED
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Charge for the year
28,702
Amounts falling due within one year
Accrued income and prepayments
1,497
349
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,775
7,775
Trade creditors
1,617
1,151
Taxes and social security
11,415
15,888
Loans from directors
3,473
7,614
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).