ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 30 April 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 01209581

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 APRIL 2025

	THAI DESIGN DISTRIBUTORS LIMITED


THAI DESIGN DISTRIBUTORS LIMITED

COMPANY INFORMATION

Directors	N K Carvalho
	N Nutayakul (resigned 4 April 2024)


Company secretary	N K Carvalho


Registered number	01209581


Registered office	2 Churchgates
	The Wildnerness
	Berkhamsted
	HP4 2UB


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


THAI DESIGN DISTRIBUTORS LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 6


THAI DESIGN DISTRIBUTORS LIMITED REGISTERED NUMBER:01209581

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		2,264		1,967
			2,264		1,967
Current assets
Debtors: amounts falling due within one year	5	111,382		149,716
Bank and cash balances		29,571		20,168
		140,953		169,884
Creditors: amounts falling due within one year	6	(69,855)		(83,574)
Net current assets			71,098		86,310
Total assets less current liabilities			73,362		88,277
Creditors: amounts falling due after more than one year	7		(1,408)		(11,600)

Net assets			71,954		76,677

Capital and reserves
Called up share capital	100	100
Capital redemption reserve	25	25
Profit and loss account	71,829	76,552
	71,954	76,677

Page 1


THAI DESIGN DISTRIBUTORS LIMITED REGISTERED NUMBER:01209581

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

N K Carvalho

Director

Date: 7 January 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


THAI DESIGN DISTRIBUTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Thai Design Distributors 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


THAI DESIGN DISTRIBUTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both the straight-line and reducing balance method.

Depreciation is provided on the following basis:

				Motor vehicles	-	25%	reducing balance
				Fixtures and fittings	-	20%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 5).

Page 4


THAI DESIGN DISTRIBUTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	At 1 May 2024	54,185
	Additions	901
	At 30 April 2025	55,086
	Depreciation
	At 1 May 2024	52,218
	Charge for the year on owned assets	604
	At 30 April 2025	52,822
	Net book value
	At 30 April 2025	2,264
	At 30 April 2024	1,967

Debtors

					2025	2024
					£	£


Trade debtors	47,686	67,079
Amounts owed by connected companies	45,990	65,047
Other debtors	5,467	10,805
Prepayments and accrued income	12,239	6,785
	111,382	149,716

Page 5


THAI DESIGN DISTRIBUTORS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans < 1 yr	10,000	10,000
Trade creditors	7,730	5,689
Other taxation and social security	47,249	46,030
Other creditors	1,848	20,255
Accruals and deferred income	3,028	1,600
	69,855	83,574

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	1,408	11,600
	1,408	11,600

Not later than 1 year	7,100	7,100
Later than 1 year and not later than 5 years	1,026	8,126
	8,126	15,226

9.	Related party transactions
	At the reporting date the company owed £1,550 (2024: £0) to the director. The balance can be found within creditors due within one year and no interest is being charged.

Page 6