| Thomas Financial Solutions Ltd |
| Registered number: |
07667211 |
| Balance Sheet |
| as at 30 June 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
2,120 |
|
|
2,400 |
|
| Current assets |
| Debtors |
4 |
|
- |
|
|
9,200 |
| Cash at bank and in hand |
|
|
21,286 |
|
|
6,122 |
|
|
|
21,286 |
|
|
15,322 |
|
| Creditors: amounts falling due within one year |
5 |
|
(18,418) |
|
|
(17,509) |
|
| Net current assets/(liabilities) |
|
|
|
2,868 |
|
|
(2,187) |
|
| Total assets less current liabilities |
|
|
|
4,988 |
|
|
213 |
|
|
| Provisions for liabilities |
|
|
|
(85) |
|
|
(85) |
|
|
| Net assets |
|
|
|
4,903 |
|
|
128 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
4,803 |
|
|
28 |
|
| Shareholders' funds |
|
|
|
4,903 |
|
|
128 |
|
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| D Thomas |
| Director |
| Approved by the board on 8 December 2025 |
|
| Thomas Financial Solutions Ltd |
| Notes to the Accounts |
| for the year ended 30 June 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents revenue earned from the rendering of services and is recognised by reference to the stage of completion of the contract. |
|
|
Tangible fixed assets |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: |
|
|
Fixtures, fittings and equipment |
20% reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. Current and deferred tax assets and liabilities are not discounted. |
|
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fixtures, fittings and equipment |
| £ |
|
Cost |
|
At 1 July 2024 |
5,892 |
|
Additions |
693 |
|
At 30 June 2025 |
6,585 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2024 |
3,492 |
|
Charge for the year |
973 |
|
At 30 June 2025 |
4,465 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2025 |
2,120 |
|
At 30 June 2024 |
2,400 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
- |
|
9,200 |
|
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
225 |
|
Corporation tax |
16,653 |
|
15,831 |
|
Other creditors |
1,765 |
|
1,453 |
|
|
|
|
|
|
18,418 |
|
17,509 |
|
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
D Thomas |
|
Loan - 2024 |
- |
|
7,500 |
|
(7,500) |
|
- |
|
|
|
- |
|
7,500 |
|
(7,500) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Thomas Financial Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
5a Church Road South |
|
Woolton Village |
|
Liverpool |
|
L25 7RJ |