Company Registration No. 07716393 (England and Wales)
Thunderbolt Creative Limited
Unaudited accounts
for the year ended 31 July 2022
Thunderbolt Creative Limited
Statement of financial position
as at 31 July 2022
Cash at bank and in hand
4,970
10,396
Creditors: amounts falling due within one year
(7,492)
(9,454)
Net current (liabilities)/assets
(2,522)
1,942
Net (liabilities)/assets
(2,522)
1,942
Called up share capital
2
2
Profit and loss account
(2,524)
1,940
Shareholders' funds
(2,522)
1,942
For the year ending 31 July 2022 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 14 April 2023 and were signed on its behalf by
L.F.Shaw
Director
Company Registration No. 07716393
Thunderbolt Creative Limited
Notes to the Accounts
for the year ended 31 July 2022
Thunderbolt Creative Limited is a private company, limited by shares, registered in England and Wales, registration number 07716393.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
There was a net deficiency of assets of £2,522 at the balance sheet date. However the director has confirmed continued support and considers the company retains sufficient working capital from his ongoing support to continue trading for the foreseeable future.
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
5
Average number of employees
During the year the average number of employees was 2 (2021: 2).
