Thai House Newcastle Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10270035 (England and Wales)

Financial Statements

for the Year Ended 31 July 2025

for

Thai House Newcastle Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs U Sompomtip

REGISTERED OFFICE:

93 Clayton Street

Newcastle Upon Tyne

Tyne and Wear

NE1 5PZ

REGISTERED NUMBER:

10270035 (England and Wales)

Fixed assets

Tangible assets

4

12,403

6,418

Current assets

Stocks

2,750

2,950

Cash at bank and in hand

265,705

184,950

268,455

187,900

Creditors

Amounts falling due within one year

5

(62,824

)

(62,344

)

Net current assets

205,631

125,556

Total assets less current liabilities

218,034

131,974

Creditors

Amounts falling due after more than one year

6

-

(914

)

Net assets

218,034

131,060

Capital and reserves

Called up share capital

2

Retained earnings

7

218,032

131,058

218,034

131,060

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 29 April 2026 and were signed by:

Mrs U Sompomtip - Director

1.	STATUTORY INFORMATION

Thai House Newcastle Ltd 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

Turnover 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 year was 6 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 August 2024

23,789

329

626

24,744

Additions

5,372

-

2,085

7,457

At 31 July 2025

29,161

329

2,711

32,201

DEPRECIATION

At 1 August 2024

17,654

103

569

18,326

Charge for year

1,210

33

229

1,472

At 31 July 2025

18,864

136

798

19,798

NET BOOK VALUE

At 31 July 2025

10,297

193

1,913

12,403

At 31 July 2024

6,135

226

57

6,418

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

847

4,002

Corporation tax

37,799

31,598

Social security and other tax

186

645

VAT

23,771

23,037

Pension

153

263

Directors' current accounts

68

94

Accrued expenses

-

2,705

62,824

62,344

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR

2025

2024

£

Bank loans - 1-2 years

-

914

7.

RESERVES

Retained

earnings

£

At 1 August 2024

131,058

Profit for the year

124,974

Dividends

(38,000

)

At 31 July 2025

218,032