REGISTERED NUMBER: 02575663 (England and Wales)

THUNDERBIRD FREIGHT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

J. McQuade

SECRETARY:

J. McQuade

REGISTERED OFFICE:

21 Lodge Lane

Grays

Essex

RM17 5RY

BUSINESS ADDRESS:

Woodland Place

Hurricane Way

Wickford Business Park

Wickford

Essex

SS11 8YB

REGISTERED NUMBER:

02575663 (England and Wales)

ACCOUNTANTS:

CR Bland Baker Limited

Chartered Accountants

21 Lodge Lane

Grays

Essex

RM17 5RY

FIXED ASSETS

Tangible assets

4

23,322

25,824

CURRENT ASSETS

Stocks

2,500

2,000

Debtors

5

794,923

559,066

Cash at bank

228,611

423,383

1,026,034

984,449

CREDITORS

Amounts falling due within one year

6

701,031

588,914

NET CURRENT ASSETS

325,003

395,535

TOTAL ASSETS LESS CURRENT LIABILITIES

348,325

421,359

PROVISIONS FOR LIABILITIES

5,825

6,450

NET ASSETS

342,500

414,909

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

342,400

414,809

SHAREHOLDERS' FUNDS

342,500

414,909

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

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

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

J. McQuade - Director

1.	STATUTORY INFORMATION

Thunderbird Freight 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

Basis of preparing the financial statements

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.

Turnover

The turnover represents the net invoiced sale of services less credits given and excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account in the year in which they become payable in accordance with the rules of the scheme.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

50,273

Additions

4,712

At 31 December 2024

54,985

DEPRECIATION

At 1 January 2024

24,449

Charge for year

7,214

At 31 December 2024

31,663

NET BOOK VALUE

At 31 December 2024

23,322

At 31 December 2023

25,824

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

771,638

536,357

Other debtors

23,285

22,709

794,923

559,066

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

404,721

128,638

Taxation and social security

144,608

205,893

Other creditors

151,702

254,383

701,031

588,914