REGISTERED NUMBER: 08838538 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

S Thomas Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Thomas

REGISTERED OFFICE:

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

REGISTERED NUMBER:

08838538 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

15,509

-

15,509

CURRENT ASSETS

Debtors

6

410,849

380,230

Cash at bank

47,115

20,764

457,964

400,994

CREDITORS

Amounts falling due within one year

7

202,800

193,458

NET CURRENT ASSETS

255,164

207,536

TOTAL ASSETS LESS CURRENT LIABILITIES

255,164

223,045

CREDITORS

Amounts falling due after more than one year

8

37,191

50,735

NET ASSETS

217,973

172,310

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

217,873

172,210

SHAREHOLDERS' FUNDS

217,973

172,310

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

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

The director acknowledges his 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 director and authorised for issue on 1 October 2026 and were signed by:

Mr S Thomas - Director

1.	STATUTORY INFORMATION

S Thomas 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.

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 represents the company's share of the profits of the partnership.

Goodwill

Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - five years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Motor vehicles

-

33% on cost

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 contributes to a defined contribution pension scheme. Contributions payable to the 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 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

147,755

AMORTISATION

At 1 April 2025

and 31 March 2026

147,755

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

Goodwill arose on the purchase of the company's share in a partnership.

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

46,525

DEPRECIATION

At 1 April 2025

31,016

Charge for year

15,509

At 31 March 2026

46,525

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

15,509

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

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

46,525

DEPRECIATION

At 1 April 2025

31,016

Charge for year

15,509

At 31 March 2026

46,525

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

15,509

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Due from partnership

312,422

244,873

Directors' current accounts

98,427

135,357

410,849

380,230

Other than as stated under directors' current accounts above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,274

4,830

Other loans

122,164

122,164

Hire purchase contracts

8,274

8,274

Tax

65,499

57,877

Social security and other taxes

1,397

127

Accruals and deferred income

192

186

202,800

193,458

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

5,790

5,296

Bank loans - 2-5 years

9,645

15,409

Hire purchase contracts

21,756

30,030

37,191

50,735

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid

Number:

Class:

Nominal

2026

2025

value:

£

£

80

Ordinary A

£1

80

80

20

Ordinary B

£1

20

20

100

100

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr S Thomas

Balance outstanding at start of year

135,357

136,569

Amounts advanced

112,207

148,941

Amounts repaid

(149,137

)

(150,153

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

98,427

135,357

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum to 5th April 2025 and 3.75% thereafter.