REGISTERED NUMBER: 09951553 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Thomas Brothers Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P K Thomas

P Thomas

REGISTERED OFFICE:

21 Gold Tops

Newport

South Wales

NP20 4PG

REGISTERED NUMBER:

09951553 (England and Wales)

ACCOUNTANTS:

Guilfoyle Sage LLP

21 Gold Tops

Newport

South Wales

NP20 4PG

FIXED ASSETS

Tangible assets

5

1,838,220

1,846,069

CURRENT ASSETS

Stocks

6

595,750

285,765

Debtors

7

307,703

372,832

Cash at bank and in hand

10,843

71,120

914,296

729,717

CREDITORS

Amounts falling due within one year

8

723,389

710,339

NET CURRENT ASSETS

190,907

19,378

TOTAL ASSETS LESS CURRENT LIABILITIES

2,029,127

1,865,447

CREDITORS

Amounts falling due after more than one year

9

(328,513

)

(463,701

)

PROVISIONS FOR LIABILITIES

(418,280

)

(261,548

)

NET ASSETS

1,282,334

1,140,198

CAPITAL AND RESERVES

Called up share capital

11

100

100

Retained earnings

1,282,234

1,140,098

SHAREHOLDERS' FUNDS

1,282,334

1,140,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2026 and were signed on its behalf by:

P K Thomas - Director

P Thomas - Director

1.	STATUTORY INFORMATION

Thomas Brothers Group 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the going concern basis as the directors believe that the company will be able to obtain sufficient funding to secure the continued financing of the company's activities for the foreseeable future.

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

-

10% on cost

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

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.

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.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2025 - 21 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

2,600,259

Additions

295,961

Disposals

(12,900

)

At 31 January 2026

2,883,320

DEPRECIATION

At 1 February 2025

754,190

Charge for year

292,587

Eliminated on disposal

(1,677

)

At 31 January 2026

1,045,100

NET BOOK VALUE

At 31 January 2026

1,838,220

At 31 January 2025

1,846,069

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2025

1,928,332

Additions

212,250

Transfer to ownership

(277,485

)

At 31 January 2026

1,863,097

DEPRECIATION

At 1 February 2025

442,420

Charge for year

215,693

Transfer to ownership

(94,402

)

At 31 January 2026

563,711

NET BOOK VALUE

At 31 January 2026

1,299,386

At 31 January 2025

1,485,912

6.

STOCKS

31.1.26

31.1.25

£

£

Stocks

80,750

75,265

Work-in-progress

515,000

210,500

595,750

285,765

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

303,795

327,698

Other debtors

3,908

45,134

307,703

372,832

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

3,759

10,560

Hire purchase contracts

367,832

394,771

Trade creditors

160,594

153,491

Taxation and social security

65,813

13,478

Other creditors

125,391

138,039

723,389

710,339

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

3,417

Hire purchase contracts

328,513

460,284

328,513

463,701

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

18,185

-

10.	OPERATING LEASES

The total of future minimum lease payments due under operating leases as at 31 January 2026 was £4,950 (2025 - £18,412), payable as follows:

Due within 1 year £4,950

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

100

Ordinary

£1

100

100