Company Registration No. 08389796 (England and Wales)
W A Thompson Ltd
Unaudited accounts
for the year ended 28 February 2025
W A Thompson Ltd
Unaudited accounts
Contents
W A Thompson Ltd
Company Information
for the year ended 28 February 2025
Directors
Jennie Symes
William Thompson
Company Number
08389796 (England and Wales)
Registered Office
Unit 1, Skitts Manor Farm
Moor Lane, Marsh Green
Edenbridge
Kent
TN8 5RA
England
Accountants
MCO Accountancy
49 Station Road
Polegate
BN26 6EA
W A Thompson Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
91,755
42,057
Inventories
126,593
37,905
Cash at bank and in hand
35,553
147,775
Creditors: amounts falling due within one year
(110,987)
(216,007)
Net current assets
194,953
234,158
Total assets less current liabilities
286,708
276,215
Creditors: amounts falling due after more than one year
(72,536)
(44,557)
Provisions for liabilities
Deferred tax
(21,094)
(8,999)
Net assets
193,078
222,659
Called up share capital
10
10
Profit and loss account
193,068
222,649
Shareholders' funds
193,078
222,659
For the year ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by
Jennie Symes
Director
Company Registration No. 08389796
W A Thompson Ltd
Notes to the Accounts
for the year ended 28 February 2025
W A Thompson Ltd is a private company, limited by shares, registered in England and Wales, registration number 08389796. The registered office is Unit 1, Skitts Manor Farm, Moor Lane, Marsh Green, Edenbridge, Kent, TN8 5RA, 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.
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:
Land & buildings
3% reducing balance
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
W A Thompson Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
3,960
87,487
884
92,331
Additions
-
81,222
992
82,214
Disposals
-
(18,750)
-
(18,750)
At 28 February 2025
3,960
149,959
1,876
155,795
At 1 March 2024
346
49,201
727
50,274
Charge for the year
108
29,130
287
29,525
On disposals
-
(15,759)
-
(15,759)
At 28 February 2025
454
62,572
1,014
64,040
At 28 February 2025
3,506
87,387
862
91,755
At 29 February 2024
3,614
38,286
157
42,057
Amounts falling due within one year
Trade debtors
3,457
67,318
Accrued income and prepayments
140,324
159,867
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
25,402
97,466
Taxes and social security
56,415
118,156
Loans from directors
-
385
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
60,243
22,703
W A Thompson Ltd
Notes to the Accounts
for the year ended 28 February 2025
8
Average number of employees
During the year the average number of employees was 11 (2024: 8).