REGISTERED NUMBER: 00361297 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

D L THOMAS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P R Thomas

Mrs E A Evans

Mr R M M Evans

Mr D L Thomas

Mrs H M Thomas-Feeney

SECRETARY:

Mr P R Thomas

REGISTERED OFFICE:

15 Stradella Road

Herne Hill

London

SE24 9HN

REGISTERED NUMBER:

00361297 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

260 - 270 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

FIXED ASSETS

Tangible assets

5

1

1

Investments

6

528,409

550,769

Investment property

7

295,000

220,000

823,410

770,770

CURRENT ASSETS

Debtors

8

17,132

22,293

Investments

9

15,955

10,029

Cash at bank

16,505

8,856

49,592

41,178

CREDITORS

Amounts falling due within one year

10

16,401

18,026

NET CURRENT ASSETS

33,191

23,152

TOTAL ASSETS LESS CURRENT LIABILITIES

856,601

793,922

PROVISIONS FOR LIABILITIES

11

112,613

74,280

NET ASSETS

743,988

719,642

CAPITAL AND RESERVES

Called up share capital

12

8,020

8,020

Non distributable reserve

13

428,491

407,226

Retained earnings

13

307,477

304,396

SHAREHOLDERS' FUNDS

743,988

719,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2025 and were signed on its behalf by:

Mrs H M Thomas-Feeney - Director

1.	STATUTORY INFORMATION

D L 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

The financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost basis except for the modifications to a fair value basis for investments and investment property as specified in the accounting policies below.

Turnover

Turnover represents investment income receivable on an accruals basis, including profit (or loss) of equity instruments recognised on disposal.

Fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Office equipment

-

33% on cost

Investments

Investments compromise of investments in quoted equity instruments which are measured at fair value. Changes in fair value are recognised in the income statement.

Investment properties

Investment properties are held for their investment potential and not for use by the company and so carried at fair value. The surplus or deficit arising from the annual revaluation is recognised in the income statement.

Taxation

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

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Office

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

750

3,140

3,890

DEPRECIATION

At 1 April 2024

and 31 March 2025

750

3,139

3,889

NET BOOK VALUE

At 31 March 2025

-

1

1

At 31 March 2024

-

1

1

6.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2024

550,769

Additions

15,352

Disposals

(59,824

)

Fair value adjustment

22,112

At 31 March 2025

528,409

NET BOOK VALUE

At 31 March 2025

528,409

At 31 March 2024

550,769

The fixed asset listed investments are revalued to the mid-market price on 31st March 2025.

2025

2024

£

£

Historical cost

264,275

271,322

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

220,000

Fair value adjustment

75,000

At 31 March 2025

295,000

NET BOOK VALUE

At 31 March 2025

295,000

At 31 March 2024

220,000

The freehold land was valued on an open market basis on 31st March 2025 by the directors.

2025

2024

£

£

Historical cost

18,031

18,031

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

17,132

22,293

9.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Cash on short term deposit

15,955

10,029

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

16,401

18,026

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

112,613

74,280

Deferred

tax

£

Balance at 1 April 2024

74,280

Fair value movements

38,333

Balance at 31 March 2025

112,613

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

7,020

Ordinary 'A'

£1

7,020

7,020

20,000

Ordinary 'B'

5p

1,000

1,000

8,020

8,020

Ordinary A and B shares have full voting rights, rights to dividends and capital distributions and are irredeemable.

13.

RESERVES

Non

Retained

distributable

earnings

reserve

Totals

£

£

£

At 1 April 2024

304,396

407,226

711,622

Profit for the year

54,421

54,421

Dividends

(30,075

)

(30,075

)

Transfer between reserves

(21,265

)

21,265

-

At 31 March 2025

307,477

428,491

735,968

Retained earnings consists of current and prior periods retained profit and losses, which are available for distribution.

The non distributable reserve consists of current and prior periods fair value movements, which are not available for distribution to the shareholders.