Registered number
05476294
D A Thomas & Son Limited
Unaudited Filleted Accounts
31 July 2025
D A Thomas & Son Limited
Registered number: 05476294
Balance Sheet
as at 31 July 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 302,066 357,125
Current assets
Stocks 493,606 493,606
Debtors 4 95,457 269,454
Cash at bank and in hand 2,769,085 2,421,433
3,358,148 3,184,493
Creditors: amounts falling due within one year 5 (239,873) (418,112)
Net current assets 3,118,275 2,766,381
Net assets 3,420,341 3,123,506
Capital and reserves
Called up share capital 100 100
Profit and loss account 3,420,241 3,123,406
Shareholders' funds 3,420,341 3,123,506
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr D A Thomas
Director
Approved by the board on 8 December 2025
D A Thomas & Son Limited
Notes to the Accounts
for the year ended 31 July 2025
1 Accounting policies
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance method
Fixtures, fittings, tools and equipment 25% reducing balance method
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 4 6
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 August 2024 321,800 452,007 773,807
Additions 750 69,547 70,297
Disposals - (45,500) (45,500)
At 31 July 2025 322,550 476,054 798,604
Depreciation
At 1 August 2024 132,666 284,016 416,682
Charge for the year 47,476 43,755 91,231
On disposals - (11,375) (11,375)
At 31 July 2025 180,142 316,396 496,538
Net book value
At 31 July 2025 142,408 159,658 302,066
At 31 July 2024 189,134 167,991 357,125
4 Debtors 2025 2024
£ £
Trade debtors 94,395 269,133
Other debtors 1,062 321
95,457 269,454
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 72,032 188,500
Taxation and social security costs 105,931 158,069
Other creditors 61,910 71,543
239,873 418,112
6 Other information
D A Thomas & Son Limited is a private company limited by shares and incorporated in England. Its registered office is:
Bamboo Factory, Truro Road
Lanivet
Bodmin
Cornwall
PL30 5HF
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