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Company Registration No. 09614016 (England and Wales)
Thomas & Sebastian Limited Unaudited accounts for the year ended 31 May 2025
Thomas & Sebastian Limited Unaudited accounts Contents
Page
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Thomas & Sebastian Limited Company Information for the year ended 31 May 2025
Director
Sebastian Ionut Ionescu
Company Number
09614016 (England and Wales)
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Thomas & Sebastian Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
122,561 
141,100 
Current assets
Cash at bank and in hand
50,347 
34,137 
Creditors: amounts falling due within one year
(25,133)
- 
Net current assets
25,214 
34,137 
Total assets less current liabilities
147,775 
175,237 
Creditors: amounts falling due after more than one year
(2,968)
(5,590)
Net assets
144,807 
169,647 
Capital and reserves
Profit and loss account
144,807 
169,647 
Shareholders' funds
144,807 
169,647 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 11 June 2025 and were signed on its behalf by
Sebastian Ionut Ionescu Director Company Registration No. 09614016
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Thomas & Sebastian Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Thomas & Sebastian Limited is a private company, limited by shares, registered in England and Wales, registration number 09614016.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2024
187,246 
- 
187,246 
Additions
36,430 
5,390 
41,820 
Disposals
(33,800)
- 
(33,800)
At 31 May 2025
189,876 
5,390 
195,266 
Depreciation
At 1 June 2024
46,146 
- 
46,146 
Charge for the year
29,285 
1,078 
30,363 
On disposals
(3,804)
- 
(3,804)
At 31 May 2025
71,627 
1,078 
72,705 
Net book value
At 31 May 2025
118,249 
4,312 
122,561 
At 31 May 2024
141,100 
- 
141,100 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
22,755 
- 
Taxes and social security
2,378 
- 
25,133 
- 
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Thomas & Sebastian Limited Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
2,968 
5,590 
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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