Company Registration No. 14099753 (England and Wales)
The Thai Chefs Ltd
Unaudited accounts
for the year ended 31 May 2024
The Thai Chefs Ltd
Statement of financial position
as at 31 May 2024
Intangible assets
27,000
44,000
Tangible assets
21,000
51,000
Cash at bank and in hand
1,363
5,703
Creditors: amounts falling due within one year
(142,672)
(135,669)
Net current liabilities
(135,969)
(124,689)
Net liabilities
(87,969)
(29,689)
Called up share capital
1
1
Profit and loss account
(87,970)
(29,690)
Shareholders' funds
(87,969)
(29,689)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2026 and were signed on its behalf by
Mr Graham Smith
Director
Company Registration No. 14099753
The Thai Chefs Ltd
Notes to the Accounts
for the year ended 31 May 2024
The Thai Chefs Ltd is a private company, limited by shares, registered in England and Wales, registration number 14099753. The registered office is 20 Wenlock Road, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation over 5 years.
4
Intangible fixed assets
Goodwill
The Thai Chefs Ltd
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,367
-
Taxes and social security
41,348
21,431
Loans from directors
68,905
108,272
8
Average number of employees
During the year the average number of employees was 14 (2023: 16).