2023-08-01 05504205 2024-07-31 05504205 2023-08-01 2024-07-31 05504205 2023-07-31 05504205 2022-08-01 2023-07-31 05504205 uk-core:WithinOneYear 2023-07-31 05504205 uk-core:WithinOneYear 2024-07-31 05504205 uk-core:AfterOneYear 2023-07-31 05504205 uk-core:AfterOneYear 2024-07-31 05504205 uk-core:ShareCapital 2024-07-31 05504205 uk-core:ShareCapital 2023-07-31 05504205 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 05504205 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 05504205 uk-bus:Director1 2023-08-01 2024-07-31 05504205 uk-core:NetGoodwill 2023-08-01 2024-07-31 05504205 uk-core:OfficeEquipment 2023-08-01 2024-07-31 05504205 uk-core:VehiclesPlantMachinery 2023-08-01 2024-07-31 05504205 uk-core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 05504205 uk-core:Goodwill 2023-07-31 05504205 uk-core:Goodwill 2024-07-31 05504205 uk-core:OfficeEquipment 2023-07-31 05504205 uk-core:FurnitureFittingsToolsEquipment 2023-07-31 05504205 uk-core:VehiclesPlantMachinery 2023-07-31 05504205 uk-core:VehiclesPlantMachinery 2024-07-31 05504205 uk-core:FurnitureFittingsToolsEquipment 2024-07-31 05504205 uk-core:OfficeEquipment 2024-07-31 05504205 uk-core:AfterOneYear uk-core:Secured 2024-07-31 05504205 uk-core:AfterOneYear uk-core:Secured 2023-07-31 iso4217:GBP xbrli:pure 05504205 uk-bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05504205 uk-bus:FRS102 2023-08-01 2024-07-31 05504205 uk-bus:FilletedAccounts 2023-08-01 2024-07-31 05504205 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31
R W Thomas Limited
Registered Number:05504205
For the year ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2024
R W Thomas Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05504205
As at 31 July 2024
R W Thomas Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
10,374
5,079
3
10,374
5,079
Current assets
Inventories
100,000
80,000
4
Trade and other receivables
70,324
58,949
5
10,012
Cash and cash equivalents
7,739
146,688
180,336
Trade and other payables: amounts falling due within one year
(236,633)
(228,295)
6
(56,297)
(81,607)
Net current liabilities
Total assets less current liabilities
(71,233)
(51,218)
Trade and other payables: amounts falling due after more than one
year
(40,477)
(19,007)
7
(90,240)
Net liabilities
(91,695)
Capital and reserves
Called up share capital
2
2
Retained earnings
(90,242)
(91,697)
(90,240)
(91,695)
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
MR R W Thomas Director
These financial statements were approved and authorised for issue by the Board on 30 April 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2024
R W Thomas Limited
Notes to the Financial Statements
Statutory Information
R W Thomas Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
05504205.
Registered address:
9 Gorse Road
Meols
Wirral
CH47 0NL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 July 2024
R W Thomas Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 August 2023
70,000
At 31 July 2024
70,000
Amortisation
At 01 August 2023
70,000
At 31 July 2024
70,000
Net book value
At 31 July 2024
-
At 31 July 2023
-
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or valuation
At 01 August 2023
42,202
2,044
147
40,011
8,750
-
-
8,750
Additions
At 31 July 2024
48,761
147
2,044
50,952
Provision for depreciation and impairment
At 01 August 2023
37,123
2,044
137
34,942
Charge for year
3,455
-
-
3,455
At 31 July 2024
40,578
2,044
137
38,397
At 31 July 2024
Net book value
10,364
10
-
10,374
At 31 July 2023
5,069
10
-
5,079
4. Inventories
2023
2024
£
£
Stocks
80,000
100,000
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6
For the year ended 31 July 2024
R W Thomas Limited
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Other debtors
58,949
70,324
The debtors above include the following amounts falling due after more than one year:
Other debtors
47,159
47,159
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
89,970
116,835
Taxation and social security
85,165
89,169
Other creditors
53,160
30,629
228,295
236,633
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
11,353
Other creditors
19,007
29,124
19,007
40,477
8. Average number of persons employed
During the year the average number of employees was 8 (2023 : 8)
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