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Company Registration No. 07145938 (England and Wales)
Thomas Homes West Ltd Unaudited accounts for the year ended 28 February 2025
Thomas Homes West Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Thomas Homes West Ltd Company Information for the year ended 28 February 2025
Director
D R Thomas
Company Number
07145938 (England and Wales)
Registered Office
5 Maescanner Road Dafen Llanelli Dyfed SA14 8LR Wales
- 3 -
Thomas Homes West Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
375,540
364,708
Current assets
Inventories
371,323
203,630
Debtors
5
87,813
49,916
Cash at bank and in hand
100,953
179,356
560,089
432,902
Creditors: amounts falling due within one year
6
(306,806)
(259,837)
Net current assets
253,283
173,065
Total assets less current liabilities
628,823
537,773
Creditors: amounts falling due after more than one year
7
(291,802)
(222,329)
Net assets
337,021
315,444
Capital and reserves
Called up share capital
1
1
Profit and loss account
337,020
315,443
Shareholders' funds
337,021
315,444
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 June 2025 and were signed on its behalf by
D R Thomas Director Company Registration No. 07145938
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Thomas Homes West Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Thomas Homes West Ltd is a private company, limited by shares, registered in England and Wales, registration number 07145938. The registered office is 5 Maescanner Road, Dafen, Llanelli, Dyfed, SA14 8LR, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 March 2024
290,000
24,103
120,247
1,749
13,589
449,688
Additions
-
450
26,000
5,358
2,025
33,833
Disposals
-
-
(13,033)
-
-
(13,033)
At 28 February 2025
290,000
24,553
133,214
7,107
15,614
470,488
Depreciation
At 1 March 2024
-
13,659
65,749
17
5,555
84,980
Charge for the year
-
1,815
13,417
1,184
2,011
18,427
On disposals
-
-
(8,459)
-
-
(8,459)
At 28 February 2025
-
15,474
70,707
1,201
7,566
94,948
Net book value
At 28 February 2025
290,000
9,079
62,507
5,906
8,048
375,540
At 29 February 2024
290,000
10,444
54,498
1,732
8,034
364,708
- 5 -
Thomas Homes West Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,576
12,755
Accrued income and prepayments
64,911
7,805
Other debtors
18,326
29,356
87,813
49,916
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
51,899
30,528
VAT
76,374
31,459
Obligations under finance leases and hire purchase contracts
22,639
10,572
Trade creditors
94,381
145,612
Taxes and social security
55,779
33,170
Other creditors
4,376
1,960
Loans from directors
(2,722)
-
Accruals
4,080
6,536
306,806
259,837
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
278,293
200,072
Obligations under finance leases and hire purchase contracts
13,509
22,257
291,802
222,329
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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