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REGISTERED NUMBER: 04564377 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31st December 2021

for

Thompson Riddle Associates Limited

Thompson Riddle Associates Limited (Registered number: 04564377)






Contents of the Financial Statements
for the year ended 31st December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thompson Riddle Associates Limited

Company Information
for the year ended 31st December 2021







DIRECTORS: S Riddle
I Thompson





SECRETARY: Mr. S Riddle





REGISTERED OFFICE: Headstart House
39 High Street
Ware
Hertfordshire
SG12 9BA





REGISTERED NUMBER: 04564377 (England and Wales)





ACCOUNTANTS: Apple Accounting Services Ltd
Chartered Management Accountants
12b Sun Street
Waltham Abbey
Essex
EN9 1EE

Thompson Riddle Associates Limited (Registered number: 04564377)

Balance Sheet
31st December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,000 2,000
Tangible assets 5 725 1,531
1,725 3,531

CURRENT ASSETS
Debtors 6 47,184 47,701
Cash at bank and in hand 51,614 50,539
98,798 98,240
CREDITORS
Amounts falling due within one year 7 37,536 36,952
NET CURRENT ASSETS 61,262 61,288
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,987

64,819

PROVISIONS FOR LIABILITIES 138 291
NET ASSETS 62,849 64,528

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 62,847 64,526
SHAREHOLDERS' FUNDS 62,849 64,528

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 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.

Thompson Riddle Associates Limited (Registered number: 04564377)

Balance Sheet - continued
31st December 2021


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 2nd August 2022 and were signed on its behalf by:





I Thompson - Director


Thompson Riddle Associates Limited (Registered number: 04564377)

Notes to the Financial Statements
for the year ended 31st December 2021

1. STATUTORY INFORMATION

Thompson Riddle Associates Limited is a private company, limited by shares , 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Thompson Riddle Associates Limited (Registered number: 04564377)

Notes to the Financial Statements - continued
for the year ended 31st December 2021

2. ACCOUNTING POLICIES - continued

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 3 (2020 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2021
and 31st December 2021 20,000
AMORTISATION
At 1st January 2021 18,000
Charge for year 1,000
At 31st December 2021 19,000
NET BOOK VALUE
At 31st December 2021 1,000
At 31st December 2020 2,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2021
and 31st December 2021 7,967
DEPRECIATION
At 1st January 2021 6,436
Charge for year 806
At 31st December 2021 7,242
NET BOOK VALUE
At 31st December 2021 725
At 31st December 2020 1,531

Thompson Riddle Associates Limited (Registered number: 04564377)

Notes to the Financial Statements - continued
for the year ended 31st December 2021

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 46,262 46,791
Other debtors 922 910
47,184 47,701

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 191 250
Taxation and social security 16,948 20,443
Other creditors 20,397 16,259
37,536 36,952

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2021 2020
£    £   
Within one year 1,171 2,412
Between one and five years - 1,136
1,171 3,548

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S. Riddle and Mr I. Thompson.