2024-03-01 13181937 2025-02-28 13181937 2024-03-01 2025-02-28 13181937 2024-02-29 13181937 2023-03-01 2024-02-29 13181937 uk-core:WithinOneYear 2024-02-29 13181937 uk-core:WithinOneYear 2025-02-28 13181937 uk-core:AfterOneYear 2024-02-29 13181937 uk-core:AfterOneYear 2025-02-28 13181937 uk-core:ShareCapital 2025-02-28 13181937 uk-core:ShareCapital 2024-02-29 13181937 uk-core:InvestmentPropertiesRevaluationReserve 2025-02-28 13181937 uk-core:InvestmentPropertiesRevaluationReserve 2024-02-29 13181937 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 13181937 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 13181937 uk-bus:Director1 2024-03-01 2025-02-28 13181937 uk-bus:Director2 2024-03-01 2025-02-28 13181937 uk-core:OtherThanOnDemand 2025-02-28 13181937 uk-core:OtherThanOnDemand 2024-02-29 13181937 uk-core:AfterOneYear 2024-03-01 2025-02-28 iso4217:GBP xbrli:pure 13181937 uk-bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 13181937 uk-bus:FRS102 2024-03-01 2025-02-28 13181937 uk-bus:FilletedAccounts 2024-03-01 2025-02-28 13181937 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28
A Thomas Homes Limited
Registered Number:13181937
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2025
A Thomas Homes Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
13181937
As at 28 February 2025
A Thomas Homes Limited
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
2
450,256
451,256
Investment property
450,256
451,256
Current assets
Trade and other receivables
8,661
5,292
3
10,180
Cash and cash equivalents
27,891
33,183
18,841
Trade and other payables: amounts falling due within one
year
(159,007)
(158,969)
4
(140,166)
(125,786)
Net current liabilities
Total assets less current liabilities
324,470
311,090
Trade and other payables: amounts falling due after more
than one year
(292,609)
(292,612)
5
(8,073)
(8,262)
Provisions for liabilities
23,785
Net assets
10,219
Capital and reserves
Called up share capital
100
100
Fair value reserve
34,415
35,225
Retained earnings
(10,730)
(25,106)
23,785
10,219
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 5
4
Registered Number :
13181937
For the year ended 28 February 2025
A Thomas Homes Limited
Statement of Financial Position Continued
A A Thomas Director
S L Russell Director
These financial statements were approved and authorised for issue by the Board on 01 October 2025 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 28 February 2025
A Thomas Homes Limited
Notes to the Financial Statements
Statutory Information
A Thomas Homes Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13181937.
Registered address:
34 Milsted Road
Gillingham
Kent
ME8 6SU
The presentation currency is £ sterling.
The income and expenditure relates to A Thomas Homes Ltd only.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Investment property
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised initially in the profit or loss account and is then subsequently transferred to fair value non distributable reserves.
Deferred tax
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance sheet date, except that:· the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and· any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 of 5
6
For the year ended 28 February 2025
A Thomas Homes Limited
Notes to the Financial Statements Continued
Financial Instruments at fair value
The company enters into basic financial instrument transactions that result in the recognition of financial assets and
liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties
and investments in not-puttable ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade payables and receivables, are
measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be
paid or received.
2. Investment property
Total
£
Fair value
At 01 March 2024
451,256
Fair value adjustments
(1,000)
At 28 February 2025
450,256
Net book value
At 28 February 2025
450,256
At 29 February 2024
451,256
Fixed asset investments were valued by Ms Russell director, on 28 February 2025 at fair value. Fair value was ascertained by the director taking into account the current market value as provided by an online valuation source and consideration for the location, desirability and current climate to give a fair value of the property portfolio. The historic cost of the properties before revaluation was £407,769 (2024: £407,769
3. Trade and other receivables
2024
2025
£
£
Other debtors
5,292
8,661
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
124
162
Other creditors
158,845
158,845
158,969
159,007
4 of 5
7
For the year ended 28 February 2025
A Thomas Homes Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2024
2025
£
£
Bank loans and overdraft (secured)
292,612
292,609
Analysis of creditors falling due after more than five years:
Payable otherwise than by instalments
292,612
292,609
There are two charges both held over the investment asset of the company these are mortgage charges held by third parties.
6. Related party transactions
Directors
The balance outstanding to director's at period end was £154,876 (2024: £154,876), this is made up of short term
loans, which are repayable on demand and do not bear interest.
7. Average number of persons employed
During the year the average number of employees was 0 excluding directors.
5 of 5