Company Registration No. 06555748 (England and Wales)
Thugg Carbon Composites Limited
Unaudited accounts
for the year ended 30 April 2022
Thugg Carbon Composites Limited
Unaudited accounts
Contents
Thugg Carbon Composites Limited
Company Information
for the year ended 30 April 2022
Director
Peter Hazlehurst
Company Number
06555748 (England and Wales)
Registered Office
Flat 1, Marsh Mead
Glebe Road, Buriton
Petersfield
England
GU31 5SB
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Thugg Carbon Composites Limited
Statement of financial position
as at
30 April 2022
Tangible assets
8,277
9,294
Cash at bank and in hand
643
3,958
Creditors: amounts falling due within one year
(2,001)
(1,732)
Net current (liabilities)/assets
(213)
2,476
Total assets less current liabilities
8,064
11,770
Creditors: amounts falling due after more than one year
(7,917)
(9,500)
Called up share capital
100
100
Profit and loss account
47
2,170
Shareholders' funds
147
2,270
For the year ending 30 April 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.
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 5 July 2022 and were signed on its behalf by
Peter Hazlehurst
Director
Company Registration No. 06555748
Thugg Carbon Composites Limited
Notes to the Accounts
for the year ended 30 April 2022
Thugg Carbon Composites Limited is a private company, limited by shares, registered in England and Wales, registration number 06555748. The registered office is Flat 1, Marsh Mead, Glebe Road, Buriton, Petersfield, England, GU31 5SB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2021
7,752
6,696
14,448
At 30 April 2022
7,752
7,126
14,878
At 1 May 2021
1,547
3,607
5,154
Charge for the year
931
516
1,447
At 30 April 2022
2,478
4,123
6,601
At 30 April 2022
5,274
3,003
8,277
At 30 April 2021
6,205
3,089
9,294
Thugg Carbon Composites Limited
Notes to the Accounts
for the year ended 30 April 2022
5
Debtors: amounts falling due within one year
2022
2021
Accrued income and prepayments
-
103
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
1,756
1,235
Loans from directors
-
314
7
Creditors: amounts falling due after more than one year
2022
2021
8
Share capital
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(314)
(4,519)
(5,831)
998
(314)
(4,519)
(5,831)
998
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).