THST 5619 Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06113739 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

THST 5619 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Paynter

D H Jenkins

M J Leigh

J P Sanderson

REGISTERED OFFICE:

The Old Locomotive Shed

Bridge Road

Horsehay

Telford

Shropshire

TF4 2NF

REGISTERED NUMBER:

06113739 (England and Wales)

ACCOUNTANTS:

D E Ball & Co Limited

Chartered Accountants

15 Bridge Road

Wellington

Telford

Shropshire

TF1 1EB

FIXED ASSETS

Tangible assets

4

33,125

41,406

CURRENT ASSETS

Debtors

5

61,727

82,508

Cash at bank

37,623

2,696

99,350

85,204

CREDITORS

Amounts falling due within one year

6

53,686

74,293

NET CURRENT ASSETS

45,664

10,911

TOTAL ASSETS LESS CURRENT LIABILITIES

78,789

52,317

CREDITORS

Amounts falling due after more than one year

7

99,663

92,163

NET LIABILITIES

(20,874

)

(39,846

)

RESERVES

Income and expenditure account

(20,874

)

(39,846

)

(20,874

)

(39,846

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 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 surplus or deficit 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th November 2023 and were signed on its behalf by:

M Paynter - Director

1.	STATUTORY INFORMATION

THST 5619 Limited is a private company, limited by guarantee , registered in England and Wales. 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.

Train Engine

-

20% on reducing balance

Taxation

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

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The accounts have been prepared on the Going Concern basis. The Directors consider this to be appropriate as they are receiving continuing support from the company's main supplier.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Train

Engine

£

COST

At 1st March 2022

and 28th February 2023

267,349

DEPRECIATION

At 1st March 2022

225,943

Eliminated on disposal

8,281

At 28th February 2023

234,224

NET BOOK VALUE

At 28th February 2023

33,125

At 28th February 2022

41,406

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Other debtors

61,727

82,508

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Taxation and social security

3,313

-

Other creditors

50,373

74,293

53,686

74,293

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.23

28.2.22

£

£

Other creditors

99,663

92,163

8.	SHARE CAPITAL

The Company has no share capital as it is limited by guarantee.