P Thomas Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 05871948

P THOMAS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J A Thomas

Mrs A O Thomas

SECRETARY:

R I Thomas

REGISTERED OFFICE:

Russett House

Red House Lane

Elstead

Godalming

Surrey

GU8 6DR

REGISTERED NUMBER:

05871948

ACCOUNTANTS:

HPCA Limited

Chartered Accountants

Station House

Connaught Road

Brookwood

Woking

Surrey

GU24 0ER

FIXED ASSETS

Tangible assets

4

1,255

1,532

CURRENT ASSETS

Debtors

5

21,838

22,338

Investments

6

85,000

50,000

Cash at bank

95,333

171,344

202,171

243,682

CREDITORS

Amounts falling due within one year

7

(16,107

)

(36,398

)

NET CURRENT ASSETS

186,064

207,284

TOTAL ASSETS LESS CURRENT LIABILITIES

187,319

208,816

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

187,309

208,806

SHAREHOLDERS' FUNDS

187,319

208,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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 3 March 2023 and were signed on its behalf by:

P J A Thomas - Director

1.	STATUTORY INFORMATION

P Thomas Ltd is a private company, limited by shares , registered in Not specified/Other. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's 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 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2021

7,808

8,209

16,017

Additions

-

502

502

At 31 July 2022

7,808

8,711

16,519

DEPRECIATION

At 1 August 2021

6,276

8,209

14,485

Charge for year

766

13

779

At 31 July 2022

7,042

8,222

15,264

NET BOOK VALUE

At 31 July 2022

766

489

1,255

At 31 July 2021

1,532

-

1,532

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

21,500

22,000

VAT

338

338

21,838

22,338

6.	CURRENT ASSET INVESTMENTS

2022

2021

£

£

Other

85,000

50,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Tax

6,716

31,366

Social security and other taxes

-

100

Directors' current accounts

687

93

Accrued expenses

8,704

4,839

16,107

36,398

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, dividends of £50,000 were paid to the directors (2021: £72,300).