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REGISTERED NUMBER: 03769614 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

THAI MARINA LIMITED

THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THAI MARINA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: S Bhanubandh





SECRETARY: T Bhanubandh





REGISTERED OFFICE: Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE





REGISTERED NUMBER: 03769614 (England and Wales)





ACCOUNTANTS: LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE

THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,763 35,078

CURRENT ASSETS
Stocks 5 18,905 20,023
Debtors 6 1,300,347 1,138,483
Cash at bank 143,061 126,553
1,462,313 1,285,059
CREDITORS
Amounts falling due within one year 7 397,159 337,711
NET CURRENT ASSETS 1,065,154 947,348
TOTAL ASSETS LESS CURRENT LIABILITIES 1,104,917 982,426

CREDITORS
Amounts falling due after more than one
year

8

-

(17,813

)

PROVISIONS FOR LIABILITIES 9 (8,629 ) (7,400 )
NET ASSETS 1,096,288 957,213

THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)

BALANCE SHEET - continued
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 1,096,188 957,113
SHAREHOLDERS' FUNDS 1,096,288 957,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 August 2025 and were signed by:





S Bhanubandh - Director


THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Thai Marina Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Going concern
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These accounts have been prepared on the basis the company will continue to be a going concern. This is dependent on the ability of the company to meet its ongoing working capital requirements through future profitability or additional funding.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Long to Plant and and
leasehold property machinery fittings Totals
£    £    £    £    £   
COST
At 1 September 2023 4,301 100,469 22,602 254,937 382,309
Additions - - 10,388 2,977 13,365
At 31 August 2024 4,301 100,469 32,990 257,914 395,674
DEPRECIATION
At 1 September 2023 - 99,201 12,395 235,635 347,231
Charge for year - 317 3,245 5,118 8,680
At 31 August 2024 - 99,518 15,640 240,753 355,911
NET BOOK VALUE
At 31 August 2024 4,301 951 17,350 17,161 39,763
At 31 August 2023 4,301 1,268 10,207 19,302 35,078

THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. STOCKS
2024 2023
£    £   
Stocks 18,905 20,023

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Amounts owed by associates 8,112 9,810
Other debtors 7,031 1,766
Prepayments 37,804 17,469
52,947 29,045

Amounts falling due after more than one year:
Amounts owed by group undertakings 1,247,400 1,109,438

Aggregate amounts 1,300,347 1,138,483

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 17,812 23,750
Trade creditors 38,609 33,045
Tax 182,693 155,739
VAT 57,471 58,716
Other creditors 33,931 29,407
Accrued expenses 66,643 37,054
397,159 337,711

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 17,813

THAI MARINA LIMITED (REGISTERED NUMBER: 03769614)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,629 7,400

Deferred
tax
£   
Balance at 1 September 2023 7,400
Provided during year 1,229
Balance at 31 August 2024 8,629

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is the company's director Mrs S Bhanubandh by virtue of her majority shareholding in the company's ultimate parent company.