1 01/09/2023 31/08/2024 2024-08-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-09-01 Sage Accounts Production 24.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 03610018 2023-09-01 2024-08-31 03610018 2024-08-31 03610018 2023-08-31 03610018 2022-09-01 2023-08-31 03610018 2023-08-31 03610018 2022-08-31 03610018 core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 03610018 bus:RegisteredOffice 2023-09-01 2024-08-31 03610018 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 03610018 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 03610018 bus:Director1 2023-09-01 2024-08-31 03610018 core:FurnitureFittingsToolsEquipment 2023-08-31 03610018 core:FurnitureFittingsToolsEquipment 2024-08-31 03610018 core:WithinOneYear 2024-08-31 03610018 core:WithinOneYear 2023-08-31 03610018 core:AfterOneYear 2024-08-31 03610018 core:AfterOneYear 2023-08-31 03610018 core:ShareCapital 2024-08-31 03610018 core:ShareCapital 2023-08-31 03610018 core:RetainedEarningsAccumulatedLosses 2024-08-31 03610018 core:RetainedEarningsAccumulatedLosses 2023-08-31 03610018 bus:OrdinaryShareClass1 core:ShareCapital 2024-08-31 03610018 bus:OrdinaryShareClass1 core:ShareCapital 2023-08-31 03610018 core:FurnitureFittingsToolsEquipment 2023-08-31 03610018 bus:SmallEntities 2023-09-01 2024-08-31 03610018 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 03610018 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 03610018 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03610018 bus:FullAccounts 2023-09-01 2024-08-31 03610018 core:AfterOneYear 2023-09-01 2024-08-31
Company registration number: 03610018
Thomas Hall Limited
Unaudited filleted financial statements
for the year ended
31 August 2024
Prepared by:
THOMAS NOCK MARTIN LIMITED
CHARTERED ACCOUNTANTS
BRIERLEY HILL
Thomas Hall Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Thomas Hall Limited
Directors and other information
Director Philip Lister Thomas
Company number 03610018
Registered office 5 Hagley Court South
The Waterfront
Brierley Hill
West Midlands
DY5 1XE
Business address Bowling Green Farm
Worcester Road
Bromsgrove
Worcestershire
B61 7HZ
Accountants Thomas Nock Martin Limited
5 Hagley Court South
The Waterfront
Brierley Hill
West Midlands
DY5 1XE
Bankers The Cooperative Bank plc
Kings Valley Yew Street
Stockport
Cheshire
SK2 2JU
Thomas Hall Limited
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Thomas Hall Limited
Year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Thomas Hall Limited for the year ended 31 August 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Thomas Hall Limited, as a body, in accordance with the terms of our engagement letter dated 10 February 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Thomas Hall Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Thomas Hall Limited and its director as a body for our work or for this report.
It is your duty to ensure that Thomas Hall Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Thomas Hall Limited. You consider that Thomas Hall Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Thomas Hall Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Thomas Nock Martin Limited
Chartered Accountants
5 Hagley Court South
The Waterfront
Brierley Hill
West Midlands
DY5 1XE
29 May 2025
Thomas Hall Limited
Statement of financial position
31 August 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 1,954 226
_______ _______
1,954 226
Current assets
Debtors 6 28,085 19,748
Cash at bank and in hand 21,329 12,724
_______ _______
49,414 32,472
Creditors: amounts falling due
within one year 7 ( 10,855) ( 13,043)
_______ _______
Net current assets 38,559 19,429
_______ _______
Total assets less current liabilities 40,513 19,655
Creditors: amounts falling due
after more than one year 8 ( 2,262) ( 5,525)
Provisions for liabilities ( 500) -
_______ _______
Net assets 37,751 14,130
_______ _______
Capital and reserves
Called up share capital 9 1 1
Profit and loss account 37,750 14,129
_______ _______
Shareholders funds 37,751 14,130
_______ _______
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 May 2025 , and are signed on behalf of the board by:
Philip Lister Thomas
Director
Company registration number: 03610018
Thomas Hall Limited
Notes to the financial statements
Year ended 31 August 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 5 Hagley Court South, The Waterfront, Brierley Hill, West Midlands, DY5 1XE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover represents fees receivable during the year. The company is not registered for Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and trade creditors, other debtors and creditors, and loans from banks.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 1 September 2023 9,601 9,601
Additions 1,784 1,784
_______ _______
At 31 August 2024 11,385 11,385
_______ _______
Depreciation
At 1 September 2023 9,375 9,375
Charge for the year 56 56
_______ _______
At 31 August 2024 9,431 9,431
_______ _______
Carrying amount
At 31 August 2024 1,954 1,954
_______ _______
At 31 August 2023 226 226
_______ _______
6. Debtors
2024 2023
£ £
Trade debtors 27,000 12,000
Other debtors 1,085 7,748
_______ _______
28,085 19,748
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans 3,195 2,943
Corporation tax 425 -
Other creditors 7,235 10,100
_______ _______
10,855 13,043
_______ _______
8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 2,262 5,525
_______ _______
In May 2020 the business received a Business Bounce Back loan for £15,000 .
9. Called up share capital
Issued and called up
2024 2023
No £ No £
Ordinary shares of £ 1.00 each 1 1 1 1
_______ _______ _______ _______