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REGISTERED NUMBER: 12478452 (England and Wales)


Financial Statements for the Year Ended 31 January 2023

for

Thorpe Retail Ltd

Thorpe Retail Ltd (Registered number: 12478452)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thorpe Retail Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr Pardeep Singh Sooch
Mrs Harinder Kaur Sooch
Mr Gurminder Singh Sooch





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 12478452 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Thorpe Retail Ltd (Registered number: 12478452)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,096 7,595

CURRENT ASSETS
Stocks 18,450 12,690
Debtors 5 16,000 16,000
Cash at bank and in hand 21,860 23,158
56,310 51,848
CREDITORS
Amounts falling due within one year 6 13,187 12,103
NET CURRENT ASSETS 43,123 39,745
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,219

47,340

CREDITORS
Amounts falling due after more than one
year

7

40,494

46,057
NET ASSETS 15,725 1,283

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 15,625 1,183
SHAREHOLDERS' FUNDS 15,725 1,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

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

Thorpe Retail Ltd (Registered number: 12478452)

Balance Sheet - continued
31 January 2023


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 25 October 2023 and were signed on its behalf by:





Mr Pardeep Singh Sooch - Director


Thorpe Retail Ltd (Registered number: 12478452)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Thorpe Retail Ltd 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.

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 - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

Thorpe Retail Ltd (Registered number: 12478452)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 9,660
Additions 7,812
At 31 January 2023 17,472
DEPRECIATION
At 1 February 2022 2,065
Charge for year 2,311
At 31 January 2023 4,376
NET BOOK VALUE
At 31 January 2023 13,096
At 31 January 2022 7,595

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 16,000 16,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 2,484 2,947
Taxation and social security 5,067 2,665
Other creditors 5,636 6,491
13,187 12,103

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.23 31.1.22
£    £   
Other creditors 40,494 46,057

Thorpe Retail Ltd (Registered number: 12478452)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
100 Ordinary £1 100 100