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REGISTERED NUMBER: 01373031 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Thanet-Ware Limited

Thanet-Ware Limited (Registered number: 01373031)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Thanet-Ware Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mrs D M Cooke
D V Cooke





SECRETARY: D V Cooke





REGISTERED OFFICE: Unit 38 Longshot Lane Industrial Estate
Bracknell
Berkshire
RG12 1RL





REGISTERED NUMBER: 01373031 (England and Wales)





ACCOUNTANTS: Butt Miller
Chartered Accountants
1 Minster Court
Tuscam Way
Camberley
Surrey
GU15 3YY

Thanet-Ware Limited (Registered number: 01373031)

Statement of Financial Position
30 September 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 5 35,000 32,500
Debtors 6 101,865 86,461
Cash at bank 5,539 -
142,404 118,961
CREDITORS
Amounts falling due within one year 7 (68,740 ) (70,067 )
NET CURRENT ASSETS 73,664 48,894
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,664

48,894

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 73,661 48,891
73,664 48,894

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

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

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 25 April 2025 and were signed on its behalf by:





D V Cooke - Director


Thanet-Ware Limited (Registered number: 01373031)

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


1. STATUTORY INFORMATION

Thanet-Ware Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress represents uninvoiced work at the statement of financial position date. It is valued at the lower of cost and net realisable value.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the Income Statement in the period to which they relate.

Going concern
After making enquiries, the directors' have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Thanet-Ware Limited (Registered number: 01373031)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023
and 30 September 2024 21,621
DEPRECIATION
At 1 October 2023
and 30 September 2024 21,621
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. STOCKS
2024 2023
£    £   
Stocks 10,000 12,500
Work in progress 25,000 20,000
35,000 32,500

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 13,856 27,419
Amounts owed by group undertakings 73,976 31,190
Other debtors - 379
VAT 177 54
88,009 59,042

Amounts falling due after more than one year:
Other debtors 13,856 27,419

Aggregate amounts 101,865 86,461

Thanet-Ware Limited (Registered number: 01373031)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank overdrafts - 652
Trade creditors 807 1,547
Amounts owed to group undertakings 21,324 21,824
Tax 512 22,779
Social security and other taxes 43,842 21,765
Other creditors 131 -
Directors' current accounts 624 -
Accruals 1,500 1,500
68,740 70,067

8. SECURED DEBTS

The bank has a fixed and floating charge over all the undertakings of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mrs D M Cooke and D V Cooke
Balance outstanding at start of year - 2,876
Amounts advanced - 1,248
Amounts repaid (624 ) (4,124 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (624 ) -

The loan is unsecured, interest free and repayable on demand.