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REGISTERED NUMBER: 09311913















Unaudited Financial Statements for the Year Ended 30 April 2024

for

H.R. Thomas Limited

H.R. Thomas Limited (Registered number: 09311913)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H.R. Thomas Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: R P Calcaterra
J M Mordecai
W P Thomas
A R Thomas
G R Rees
M M Wright





REGISTERED OFFICE: 59 High Street
Cowbridge
Vale of Glamorgan
CF71 7YL





REGISTERED NUMBER: 09311913





ACCOUNTANTS: Norton Eddins Ltd
7 Ty Nant Court
Morganstown
Cardiff
CF15 8LW

H.R. Thomas Limited (Registered number: 09311913)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 150,000 300,000
Tangible assets 5 204,449 236,322
354,449 536,322

CURRENT ASSETS
Debtors 6 298,930 332,777
Cash at bank and in hand 245,076 308,689
544,006 641,466
CREDITORS
Amounts falling due within one year 7 (279,332 ) (293,306 )
NET CURRENT ASSETS 264,674 348,160
TOTAL ASSETS LESS CURRENT
LIABILITIES

619,123

884,482

CREDITORS
Amounts falling due after more than one
year

8

(445,921

)

(471,019

)
NET ASSETS 173,202 413,463

CAPITAL AND RESERVES
Called up share capital 1,320 1,320
Retained earnings 171,882 412,143
SHAREHOLDERS' FUNDS 173,202 413,463

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

H.R. Thomas Limited (Registered number: 09311913)

Balance Sheet - continued
30 April 2024


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 24 July 2024 and were signed on its behalf by:





A R Thomas - Director


H.R. Thomas Limited (Registered number: 09311913)

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

1. STATUTORY INFORMATION

H.R. Thomas Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. 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 or deferred taxation assets and liabilities are not discounted.

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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

H.R. Thomas Limited (Registered number: 09311913)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2023 - 38 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 1,500,000
AMORTISATION
At 1 May 2023 1,200,000
Charge for year 150,000
At 30 April 2024 1,350,000
NET BOOK VALUE
At 30 April 2024 150,000
At 30 April 2023 300,000

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 199,102 123,775 71,088 393,965
Additions - - 8,706 8,706
Disposals (26,000 ) - - (26,000 )
At 30 April 2024 173,102 123,775 79,794 376,671
DEPRECIATION
At 1 May 2023 - 95,222 62,421 157,643
Charge for year - 7,138 7,441 14,579
At 30 April 2024 - 102,360 69,862 172,222
NET BOOK VALUE
At 30 April 2024 173,102 21,415 9,932 204,449
At 30 April 2023 199,102 28,553 8,667 236,322

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 280,364 314,211
Other debtors 18,566 18,566
298,930 332,777

H.R. Thomas Limited (Registered number: 09311913)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 65,134 77,951
Taxation and social security 188,004 194,501
Other creditors 16,194 10,854
279,332 293,306

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 10,833 20,833
Other creditors 435,088 450,186
445,921 471,019