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REGISTERED NUMBER: 11067949 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Thompson Convenience Store (Guidepost)
Ltd

Thompson Convenience Store (Guidepost)
Ltd (Registered number: 11067949)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Thompson Convenience Store (Guidepost)
Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr Michael John Thompson
Mrs Angela Margot Thompson
Mr Matthew Daniel Thompson





REGISTERED OFFICE: 7 Bankside
The Watermark
Gateshead
NE11 9SY





REGISTERED NUMBER: 11067949 (England and Wales)





ACCOUNTANTS: Flannagans - Gateshead
7 Bankside
The Watermark
Gateshead
NE11 9SY

Thompson Convenience Store (Guidepost)
Ltd (Registered number: 11067949)

Abridged Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 450,202 455,377

CURRENT ASSETS
Stocks 59,361 56,190
Debtors 289 -
Cash at bank and in hand 226,819 215,679
286,469 271,869
CREDITORS
Amounts falling due within one year 461,382 509,079
NET CURRENT LIABILITIES (174,913 ) (237,210 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,289

218,167

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 275,286 218,164
SHAREHOLDERS' FUNDS 275,289 218,167

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

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

Thompson Convenience Store (Guidepost)
Ltd (Registered number: 11067949)

Abridged Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 November 2023 and were signed on its behalf by:




Mr Michael John Thompson - Director Mrs Angela Margot Thompson - Director




Mr Matthew Daniel Thompson - Director


Thompson Convenience Store (Guidepost)
Ltd (Registered number: 11067949)

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

1. STATUTORY INFORMATION

Thompson Convenience Store (Guidepost) 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 cost

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

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 8 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 475,552
DEPRECIATION
At 1 April 2022 20,175
Charge for year 5,175
At 31 March 2023 25,350
NET BOOK VALUE
At 31 March 2023 450,202
At 31 March 2022 455,377

Thompson Convenience Store (Guidepost)
Ltd (Registered number: 11067949)

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

5. RELATED PARTY DISCLOSURES

During the period the company has the following trading associated companies:

Thompson Convenience Stores (Holdings) Ltd

Thompson Convenience Stores (Gosforth) Ltd

Thompson Convenience Stores (Dewley) Ltd

Thompson Convenience Stores (Walbottle) Ltd

Thompson Convenience Stores (Cramlington) Ltd

Thompson Convenience Stores (Sandyford) Ltd

Thompson Convenience Stores (Denton) Ltd

Thompson Convenience Stores (Springwell) Ltd

6. ULTIMATE CONTROLLING PARTY

The company was under the joint control of Mr Michael John Thompson, Mrs Angela Margot Thompson and Mr Matthew Thompson throughout the year. They have 33% of shareholding each.

7. HEAD OFFICE

Amount due to Thompson Convenience Stores (Holding) Ltd £354,056.64.

8. DIRECTORS LOAN ACCOUNT

Amount due from Thompson Convenience Store (Guidepost) Ltd £44,661 is an interest free loan to the company, which is repayable on demand.