Thread It Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 14780099

		30 April 2025		30 April 2024
	Notes	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand		-		209

		-		209
Creditors: Amounts Falling Due Within One Year	4	(996 )		(446 )

NET CURRENT ASSETS (LIABILITIES)			(996 )		(237 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(996 )		(237 )

NET LIABILITIES			(996 )		(237 )

CAPITAL AND RESERVES
Called up share capital	5		100		100
Profit and Loss Account			(1,096 )		(337 )

SHAREHOLDERS' FUNDS			(996)		(237)

For the year ending 30 April 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 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

Miss Alys Roberts

Director

27/09/2025

The notes on page 2 form part of these financial statements.

1. General Information

Thread It Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14780099 . The registered office is 22 Heol Y Twyn, Pontlliw, Swansea, SA4 9EU.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Creditors: Amounts Falling Due Within One Year

	30 April 2025	30 April 2024
	£	£
Bank loans and overdrafts	4	-
Accruals and deferred income	468	234
Directors' loan accounts	524	212

	996	446

5. Share Capital

	30 April 2025	30 April 2024
	£	£
Allotted, Called up and fully paid	100	100

6. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Miss Alys Roberts	(106 )	(156 )	-	-	(262 )
Mrs Cathryn Roberts	(106 )	(156 )	-	-	(262 )

The above loan is unsecured, interest free and repayable on demand.

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