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Registered number: 01250624
Thong Enterprises Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Stephen Hill Partnership Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01250624
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 534,493 1,030,815
Investments 5 14,598 14,598
549,091 1,045,413
CURRENT ASSETS
Debtors 6 55,711 56,021
Cash at bank and in hand 394,776 73,908
450,487 129,929
Creditors: Amounts Falling Due Within One Year 7 (40,875 ) (22,621 )
NET CURRENT ASSETS (LIABILITIES) 409,612 107,308
TOTAL ASSETS LESS CURRENT LIABILITIES 958,703 1,152,721
PROVISIONS FOR LIABILITIES
Deferred Taxation (102,510 ) (203,347 )
NET ASSETS 856,193 949,374
CAPITAL AND RESERVES
Called up share capital 8 110 110
Profit and Loss Account 856,083 949,264
SHAREHOLDERS' FUNDS 856,193 949,374
Page 1
Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Marion Money
Director
28th October 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Thong Enterprises Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01250624 . The registered office is 32 Harmer Street, Gravesend, Kent, DA12 2AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents amounts invoiced in respect of rent and management fees.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying value amount and are recognised in the Income Statement.
Freehold Not provided
Motor Vehicles 25% on reducing balance
Computer Equipment 20% on cost
2.4. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Debtors
 Short term debtors are measured at transaction price, less any impairment.
2.8. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial instituitions.
2.9. Creditors
Short term creditors are measured at the transaction price.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 1,017,427 20,890 1,643 1,039,960
Disposals (492,975 ) - - (492,975 )
As at 31 March 2026 524,452 20,890 1,643 546,985
Depreciation
As at 1 April 2025 - 7,502 1,643 9,145
Provided during the period - 3,347 - 3,347
As at 31 March 2026 - 10,849 1,643 12,492
Net Book Value
As at 31 March 2026 524,452 10,041 - 534,493
As at 1 April 2025 1,017,427 13,388 - 1,030,815
5. Investments
Other
£
Cost or Valuation
As at 1 April 2025 14,598
As at 31 March 2026 14,598
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 14,598
As at 1 April 2025 14,598
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6. Debtors
2026 2025
£ £
Due within one year
Amounts owed by group undertakings 50,263 45,192
Other debtors 5,448 10,829
55,711 56,021
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 431 428
Other creditors 16,445 18,610
Taxation and social security 23,999 3,583
40,875 22,621
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 110 110
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