REGISTERED NUMBER: 10569664 (England and Wales)

Financial Statements for the Period 1 February 2024 to 31 March 2025

for

Thermal Coverings Global Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs T J Gibbs

Mr A A Gibbs

Mr P Stevens

Ms N Templeman

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

10569664 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Property, plant and equipment

4

1,588

2,117

CURRENT ASSETS

Debtors

5

688,037

628,784

Cash at bank

426,223

198,927

1,114,260

827,711

CREDITORS

Amounts falling due within one year

6

(993,449

)

(673,021

)

NET CURRENT ASSETS

120,811

154,690

TOTAL ASSETS LESS CURRENT LIABILITIES

122,399

156,807

CREDITORS

Amounts falling due after more than one year

7

(32,127

)

(66,920

)

NET ASSETS

90,272

89,887

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

90,172

89,787

90,272

89,887

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

Mr A A Gibbs - Director

Mrs T J Gibbs - Director

Mr P Stevens - Director

Ms N Templeman - Director

1.	STATUTORY INFORMATION

Thermal Coverings Global 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

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

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

vehicles

£

COST

At 1 February 2024

and 31 March 2025

11,897

DEPRECIATION

At 1 February 2024

9,780

Charge for period

529

At 31 March 2025

10,309

NET BOOK VALUE

At 31 March 2025

1,588

At 31 January 2024

2,117

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.1.24

£

£

Trade debtors

446,597

351,959

Amounts owed by associates

-

87,568

Other debtors

241,440

189,257

688,037

628,784

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.1.24

£

£

Bank loans and overdrafts

29,708

30,002

Trade creditors

293,463

390,320

Amounts owed to associates

116,212

-

Taxation and social security

38,062

45,572

Other creditors

516,004

207,127

993,449

673,021

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.1.24

£

£

Bank loans

32,127

66,920

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

32,127

66,920

8.	RELATED PARTY DISCLOSURES

The Directors Mr A A Gibbs, Ms T Gibbs, Mr P Stevens and Ms N Templeman are the key management personnel.