REGISTERED NUMBER: 01615326 (England and Wales)

THREADRIVE COMPONENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S.E. Brand

C.T. Clark

SECRETARY:

S.E. Brand

REGISTERED OFFICE:

Unit 4b, Gloucester Way

Luckyn Lane

Pipps Hill Industrial Estate

Basildon

Essex

SS14 3AX

REGISTERED NUMBER:

01615326 (England and Wales)

ACCOUNTANTS:

CR Bland Baker Limited

Chartered Accountants

21 Lodge Lane

Grays

Essex

RM17 5RY

FIXED ASSETS

Tangible assets

4

2,809

3,512

CURRENT ASSETS

Stocks

101,083

87,955

Debtors

5

174,477

172,651

Cash at bank

112,523

221,849

388,083

482,455

CREDITORS

Amounts falling due within one year

6

170,723

286,941

NET CURRENT ASSETS

217,360

195,514

TOTAL ASSETS LESS CURRENT LIABILITIES

220,169

199,026

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

220,167

199,024

SHAREHOLDERS' FUNDS

220,169

199,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

C.T. Clark - Director

1.	STATUTORY INFORMATION

Threadrive Components 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

Turnover represents amounts receivable for the sale goods and services net of value added tax and trade discounts.

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value, after making provision for obsolete and slow moving items.

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

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 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

and 31 May 2025

7,274

DEPRECIATION

At 1 June 2024

3,762

Charge for year

703

At 31 May 2025

4,465

NET BOOK VALUE

At 31 May 2025

2,809

At 31 May 2024

3,512

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

174,477

172,651

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

14,067

14,314

Taxation and social security

53,525

75,699

Other creditors

103,131

196,928

170,723

286,941