THIND SUBS LTD


Directors	THIND, Bhupinder Singh
	THIND, Jasvir Kaur


Company Secretary	THIND, Jasvir Kaur


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	05603156 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		198,987		228,222
			198,987		228,222
Current assets
Stocks	4	10,579		9,656
Debtors	5	42,213		79,476
Cash at bank and on hand		250,582		174,273
		303,374		263,405
Creditors amounts falling due within one year	6	(232,111)		(279,684)
Net current assets (liabilities)			71,263		(16,279)
Total assets less current liabilities			270,250		211,943
Provisions for liabilities	7		(50,579)		(58,071)
Net assets			219,671		153,872
Capital and reserves
Called up share capital			100		100
Profit and loss account			219,571		153,772
Shareholders' funds			219,671		153,872

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 April 2026, and are signed on its behalf by:

THIND, Bhupinder Singh
Director

THIND, Jasvir Kaur
Director

Registered Company No. 05603156

THIND SUBS LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Land and buildings	15
	Plant and machinery	15
	Fixtures and fittings	15
	Vehicles	15
	Office Equipment	15

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	18		14

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 August 24	385,179	145,816	45,300	328,220	15,054	919,569
Additions	-	3,685	-	-	1,553	5,238
At 31 July 25	385,179	149,501	45,300	328,220	16,607	924,807
Depreciation and impairment
At 01 August 24	297,486	68,292	31,595	291,212	2,762	691,347
Charge for year	13,154	11,798	2,056	5,551	1,914	34,473
At 31 July 25	310,640	80,090	33,651	296,763	4,676	725,820
Net book value
At 31 July 25	74,539	69,411	11,649	31,457	11,931	198,987
At 31 July 24	87,693	77,524	13,705	37,008	12,292	228,222

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	10,579	9,656
Total	10,579	9,656

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	440	440
Other debtors	12,950	55,793
Prepayments and accrued income	28,823	23,243
Total	42,213	79,476


	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.

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.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	40,267	16,587
Bank borrowings and overdrafts	1,205	1,539
Amounts owed to related parties	-	87,290
Taxation and social security	44,718	28,250
Other creditors	145,921	146,018
Total	232,111	279,684


	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.

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	50,579	58,071
Total	50,579	58,071

8.	Directors advances, credits and guarantees
	Other creditors include an amount of £69,051 (2024: £67,946 Cr) related to the directors' loan account Mr B Thind. Other creditors include an amount of £68,600 (2024: £65,913 Cr) related to the directors' loan account Mrs J Thind.

9.	Related party transactions
	At the year-end, Amounts owed by/to group undertakings balance include £320 Dr (2024: £320 Dr.) due from Thind Subs Holdco Ltd and £Nil (2024: £87,291 Cr) due to Gosport Subs Ltd and £120 (2024: £120) due from Fareham Subs Ltd where Mr B Thind and Mrs J Thind are also directors of those companies.