Acorah Software Products - Accounts Production 16.2.800 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12904169 Mrs Balbier Kaur Mr BALDEV SINGH Mr AMARPREET THANDI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12904169 2023-09-30 12904169 2024-09-30 12904169 2023-10-01 2024-09-30 12904169 frs-core:CurrentFinancialInstruments 2024-09-30 12904169 frs-core:FurnitureFittings 2024-09-30 12904169 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12904169 frs-core:FurnitureFittings 2023-09-30 12904169 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 12904169 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12904169 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 12904169 frs-core:ShareCapital 2024-09-30 12904169 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12904169 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12904169 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12904169 frs-bus:SmallEntities 2023-10-01 2024-09-30 12904169 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12904169 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12904169 frs-bus:Director1 2023-10-01 2024-09-30 12904169 frs-bus:Director2 2023-10-01 2024-09-30 12904169 frs-bus:Director3 2023-10-01 2024-09-30 12904169 frs-countries:EnglandWales 2023-10-01 2024-09-30 12904169 2022-09-30 12904169 2023-09-30 12904169 2022-10-01 2023-09-30 12904169 frs-core:CurrentFinancialInstruments 2023-09-30 12904169 frs-core:ShareCapital 2023-09-30 12904169 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12904169
Thandi (North East) Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
SRI TAX ACCOUNTANTS
255 Abbey Road
Smethwick
West Midlands
West Midlands
B67 5NQ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12904169
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 598,066 562,763
598,066 562,763
CURRENT ASSETS
Stocks 5 3,225 10,995
Cash at bank and in hand 86,715 116,841
89,940 127,836
Creditors: Amounts Falling Due Within One Year 6 (387,647 ) (465,063 )
NET CURRENT ASSETS (LIABILITIES) (297,707 ) (337,227 )
TOTAL ASSETS LESS CURRENT LIABILITIES 300,359 225,536
NET ASSETS 300,359 225,536
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 300,259 225,436
SHAREHOLDERS' FUNDS 300,359 225,536
For the year ending 30 September 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr AMARPREET THANDI
Director
16/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Thandi (North East) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12904169 . The registered office is Plough Inn Front Street, Kibblesworth, Gateshead, Tyne And Wear, NE11 0YJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Fixtures & Fittings 0%
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 10)
15 10
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 October 2023 190,957 371,806 562,763
Additions - 35,303 35,303
As at 30 September 2024 190,957 407,109 598,066
Net Book Value
As at 30 September 2024 190,957 407,109 598,066
As at 1 October 2023 190,957 371,806 562,763
Page 2
Page 3
5. Stocks
2024 2023
£ £
Stock 3,225 10,995
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 46,622 30,514
Other taxes and social security 21,749 21,737
Accruals and deferred income 1,500 1,500
Directors' loan accounts 317,776 411,312
387,647 465,063
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3