Company registration number: 11241687
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Thubactis Ltd
Pages for filing with the Registrar
Company registration number: 11241687
Thubactis Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 40,385 58,232
40,385 58,232
Current assets
Stocks 5,300 4,000
Debtors 22,052 12,666
Prepayments and accrued income - 5,605
Cash at bank and in hand 11,541 22,745
38,893 45,016
Creditors: amounts falling due within one year
(20,132) (16,456)
Net current assets 18,761 28,560
Total assets less current liabilities 59,146 86,792
Creditors: Amounts falling due after more than one year
5 (49,836) (74,564)
NET ASSETS 9,310 12,228
Capital and reserves
Called up share capital 10 10
Profit and loss account 9,300 12,218
TOTAL EQUITY 9,310 12,228
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 11241687
Thubactis Ltd
Balance sheet - continued
as at 31 March 2026
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr I Gaddah, Director
6 August 2026
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Thubactis Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Thubactis Ltd is a private company registered in England and Wales. Its registered number is 11241687. The company is limited by shares. Its registered office is 320 GREAT WESTERN STREET, MANCHESTER, M14 4LP.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Thubactis Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
3 Average number of employees
During the year the average number of employees was 12 (2025 - 10).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 133,981
Additions 3,050
Disposals (25,495)
At 31 March 2026 111,536
Depreciation
At 1 April 2025 75,749
Charge for year 13,463
Eliminated on disposal (18,061)
At 31 March 2026 71,151
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Thubactis Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Tangible fixed assets - continued
Net book value
At 31 March 2026 40,385
At 31 March 2025 58,232
5 Creditors: amounts falling due after more than five years
Included within the above creditors are the following amounts falling due after more than five years:
2026 2025
£ £
Repayable by instalments
Hire purchase and finance leases 20,048 28,441
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