1 March 2022 false No description of principal activity Taxfiler 2023.10 06538377business:PrivateLimitedCompanyLtd2022-03-012023-02-28 065383772022-02-28 065383772022-03-012023-02-28 06538377business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 06538377business:FilletedAccounts2022-03-012023-02-28 065383772023-02-28 06538377business:Director12022-03-012023-02-28 06538377business:Director22022-03-012023-02-28 06538377business:RegisteredOffice2022-03-012023-02-28 065383772022-02-28 06538377core:AfterOneYear2023-02-28 06538377core:AfterOneYear2022-02-28 06538377core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 06538377core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 06538377core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 06538377core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 06538377core:PreviouslyStatedAmount2023-02-28 06538377core:PreviouslyStatedAmount2022-02-28 06538377business:SmallEntities2022-03-012023-02-28 06538377countries:EnglandWales2022-03-012023-02-28 06538377core:PlantMachinery2022-03-012023-02-28 06538377core:MotorVehicles2022-03-012023-02-28 06538377core:FurnitureFittings2022-03-012023-02-28 06538377core:PlantMachinery2022-02-28 06538377core:MotorVehicles2022-02-28 06538377core:FurnitureFittings2022-02-28 06538377core:PlantMachinery2023-02-28 06538377core:MotorVehicles2023-02-28 06538377core:FurnitureFittings2023-02-28 065383772021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 06538377 (England and Wales)
THORNLEY'S LTD Unaudited accounts for the year ended 28 February 2023
THORNLEY'S LTD Unaudited accounts Contents
Page
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THORNLEY'S LTD Company Information for the year ended 28 February 2023
Directors
Iwo Adam Kurowski Iwona Magdalena Kurowska
Company Number
06538377 (England and Wales)
Registered Office
THORNLEY'S GARAGE CHORLEY ROAD WALTON-LE-DALE PRESTON PR5 4JN ENGLAND
Accountants
SMART ACCOUNTING (NW) LTD 239 RIBBLETON LANE PRESTON PR1 5EA
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THORNLEY'S LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,089 
8,849 
Current assets
Debtors
47,033 
58,846 
Cash at bank and in hand
6,148 
2,003 
53,181 
60,849 
Net current assets
53,181 
60,849 
Total assets less current liabilities
60,270 
69,698 
Creditors: amounts falling due after more than one year
(25,281)
(35,793)
Net assets
34,989 
33,905 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
33,989 
32,905 
Shareholders' funds
34,989 
33,905 
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2023 and were signed on its behalf by
Iwona Magdalena Kurowska Director Company Registration No. 06538377
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THORNLEY'S LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
THORNLEY'S LTD is a private company, limited by shares, registered in England and Wales, registration number 06538377. The registered office is THORNLEY'S GARAGE CHORLEY ROAD, WALTON-LE-DALE, PRESTON, PR5 4JN, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
18 % on WDV
Motor vehicles
18 % on WDV
Fixtures & fittings
18 % on WDV
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
38,712 
500 
3,589 
42,801 
At 28 February 2023
38,712 
500 
3,589 
42,801 
Depreciation
At 1 March 2022
30,336 
277 
3,339 
33,952 
Charge for the year
1,675 
40 
45 
1,760 
At 28 February 2023
32,011 
317 
3,384 
35,712 
Net book value
At 28 February 2023
6,701 
183 
205 
7,089 
At 28 February 2022
8,376 
223 
250 
8,849 
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THORNLEY'S LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
- 
11,813 
Other debtors
47,033 
47,033 
47,033 
58,846 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,376 
5,376 
Taxes and social security
2,281 
1,793 
Loans from directors
17,624 
28,624 
25,281 
35,793 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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