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Company Registration No. 02111219 (England and Wales)
THORNE HOLDINGS LIMITED Unaudited accounts for the year ended 31 July 2023
THORNE HOLDINGS LIMITED Unaudited accounts Contents
Page
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THORNE HOLDINGS LIMITED Company Information for the year ended 31 July 2023
Directors
David Thorne Andrew Thorne
Company Number
02111219 (England and Wales)
Registered Office
1 WINE STREET BRISTOL BS1 2BB
Accountants
WinstoneGreen Ltd 137 Watleys End Road Bristol Avon BS36 1QQ
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THORNE HOLDINGS LIMITED Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
696 
696 
Tangible assets
3,073,035 
3,111,331 
3,073,731 
3,112,027 
Current assets
Debtors
349,160 
319,876 
Cash at bank and in hand
(11,016)
(10,832)
338,144 
309,044 
Creditors: amounts falling due within one year
(77,295)
(83,252)
Net current assets
260,849 
225,792 
Total assets less current liabilities
3,334,580 
3,337,819 
Creditors: amounts falling due after more than one year
(252,496)
(271,539)
Provisions for liabilities
Deferred tax
(79,588)
(79,588)
Net assets
3,002,496 
2,986,692 
Capital and reserves
Called up share capital
1,000 
1,000 
Revaluation reserve
1,766,199 
1,766,199 
Profit and loss account
1,235,297 
1,219,493 
Shareholders' funds
3,002,496 
2,986,692 
For the year ending 31 July 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 7 November 2023 and were signed on its behalf by
Andrew Thorne Director Company Registration No. 02111219
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THORNE HOLDINGS LIMITED Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
THORNE HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02111219. The registered office is 1 WINE STREET, BRISTOL, BS1 2BB.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
20% on cost
Computer equipment
20% on cost
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2022
696 
At 31 July 2023
696 
Amortisation
At 1 August 2022
- 
At 31 July 2023
- 
Net book value
At 31 July 2023
696 
At 31 July 2022
696 
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THORNE HOLDINGS LIMITED Notes to the Accounts for the year ended 31 July 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
3,103,180 
7,767 
1,118 
3,112,065 
Additions
60,230 
2,150 
- 
62,380 
Disposals
(100,062)
- 
- 
(100,062)
At 31 July 2023
3,063,348 
9,917 
1,118 
3,074,383 
Depreciation
At 1 August 2022
- 
69 
665 
734 
Charge for the year
- 
499 
115 
614 
At 31 July 2023
- 
568 
780 
1,348 
Net book value
At 31 July 2023
3,063,348 
9,349 
338 
3,073,035 
At 31 July 2022
3,103,180 
7,698 
453 
3,111,331 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
37,426 
11,780 
Other debtors
6,617 
2,979 
44,043 
14,759 
Amounts falling due after more than one year
Accrued income and prepayments
2,789 
2,789 
Other debtors
302,328 
302,328 
305,117 
305,117 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
40,970 
46,501 
Amounts owed to group undertakings and other participating interests
2,547 
2,547 
Taxes and social security
198 
1,674 
Loans from directors
32,140 
31,090 
Accruals
1,440 
1,440 
77,295 
83,252 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
86,804 
109,870 
Other creditors
156,692 
156,269 
Accruals
9,000 
5,400 
252,496 
271,539 
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THORNE HOLDINGS LIMITED Notes to the Accounts for the year ended 31 July 2023
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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