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THINGY LONDON LIMITED

Registered Number
14967334
(England and Wales)

Unaudited Financial Statements for the Period ended
30 June 2024

THINGY LONDON LIMITED
Company Information
for the period from 28 June 2023 to 30 June 2024

Directors

JAYARATHNA, Thamal Yudeera
SUDASINGHE MOHOTTALALAGE, Pankaja Basuru Sudasinghe

Registered Address

Third Floor 207 Regent Street
London
W1B 3HH

Registered Number

14967334 (England and Wales)
THINGY LONDON LIMITED
Balance Sheet as at
30 June 2024

Notes

2024

£

£

Fixed assets
Intangible assets3198
Tangible assets4848
1,046
Current assets
Cash at bank and on hand1,436
1,436
Creditors amounts falling due within one year5(1,282)
Net current assets (liabilities)154
Total assets less current liabilities1,200
Creditors amounts falling due after one year6(14,319)
Net assets(13,119)
Capital and reserves
Called up share capital1
Profit and loss account(13,120)
Shareholders' funds(13,119)
The financial statements were approved and authorised for issue by the Board of Directors on 27 March 2025, and are signed on its behalf by:
JAYARATHNA, Thamal Yudeera
Director
Registered Company No. 14967334
THINGY LONDON LIMITED
Notes to the Financial Statements
for the period ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

2024
Average number of employees during the year2
3.Intangible assets

Other

Total

££
Cost or valuation
Additions220220
At 30 June 24220220
Amortisation and impairment
Charge for year2222
At 30 June 242222
Net book value
At 30 June 24198198
At 27 June 23--
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
Additions1,1311,131
At 30 June 241,1311,131
Depreciation and impairment
Charge for year283283
At 30 June 24283283
Net book value
At 30 June 24848848
At 27 June 23--
5.Creditors: amounts due within one year

2024

£
Trade creditors / trade payables598
Accrued liabilities and deferred income684
Total1,282
6.Creditors: amounts due after one year

2024

£
Other creditors14,319
Total14,319