TH:2 DESIGNS LTD

TH:2 DESIGNS LTD

TH:2 DESIGNS LTD - Company Information

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TH:2 DESIGNS LTD

Company Registration Number:
05386748 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2019

Period of accounts

Start date: 01 February 2018

End date: 31 January 2019

TH:2 DESIGNS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2019

Balance sheet
Notes

TH:2 DESIGNS LTD

Balance sheet

As at 31 January 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 10,836 16,830
Total fixed assets: 10,836 16,830
Current assets
Stocks: 50,493 275,700
Debtors:   270,884 178,771
Cash at bank and in hand: 1,049,041 1,381,169
Total current assets: 1,370,418 1,835,640
Creditors: amounts falling due within one year:   (784,699) (1,340,838)
Net current assets (liabilities): 585,719 494,802
Total assets less current liabilities: 596,555 511,632
Creditors: amounts falling due after more than one year:     (31,036)
Total net assets (liabilities): 596,555 480,596
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 595,555 479,596
Shareholders funds: 596,555 480,596

The notes form part of these financial statements

TH:2 DESIGNS LTD

Balance sheet statements

For the year ending 31 January 2019 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 October 2019
and signed on behalf of the board by:

Name: G Taylor
Status: Director

The notes form part of these financial statements

TH:2 DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TH:2 DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

2. Tangible Assets

Total
Cost £
At 01 February 2018 203,294
Additions 3,758
Disposals 0
Revaluations 0
Transfers 0
At 31 January 2019 207,052
Depreciation
At 01 February 2018 186,464
Charge for year 9,752
On disposals 0
Other adjustments 0
At 31 January 2019 196,216
Net book value
At 31 January 2019 10,836
At 31 January 2018 16,830

TH:2 DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

3. Changes in presentation and prior period adjustments

The prior year accounts have been restated to reflect turnover which related to the current year. The net assets have been restated at £480,596

TH:2 DESIGNS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

4. Post balance sheet events

The Company purchased 435 of the issued shares using reserves within the Company