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REGISTERED NUMBER: 03714919 (England and Wales)















The Thatched Owners Group Limited

Financial Statements For The Year Ended 28 February 2023






The Thatched Owners Group Limited (Registered number: 03714919)






Contents of the Financial Statements
For The Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

The Thatched Owners Group Limited

Company Information
For The Year Ended 28 February 2023







DIRECTOR: Mr T A New





SECRETARY:





REGISTERED OFFICE: The Straw Barn
Upton End Farm Business Park
Meppershall Road. Shillington
Beds
SG5 3PF





REGISTERED NUMBER: 03714919 (England and Wales)





ACCOUNTANTS: Premier Accountancy
The Straw Barn
Upton End Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF

The Thatched Owners Group Limited (Registered number: 03714919)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 103,701 103,701
Tangible assets 5 37,591 45,756
141,292 149,457

CURRENT ASSETS
Debtors 6 15,653 13,933
Cash at bank 2,413 359
18,066 14,292
CREDITORS
Amounts falling due within one year 7 11,840 5,427
NET CURRENT ASSETS 6,226 8,865
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,518

158,322

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 147,418 158,222
SHAREHOLDERS' FUNDS 147,518 158,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 2 November 2023 and were signed by:



Mr T A New - Director


The Thatched Owners Group Limited (Registered number: 03714919)

Notes to the Financial Statements
For The Year Ended 28 February 2023

1. STATUTORY INFORMATION

The Thatched Owners Group 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.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 10% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

The Thatched Owners Group Limited (Registered number: 03714919)

Notes to the Financial Statements - continued
For The Year Ended 28 February 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2022
and 28 February 2023 103,701
NET BOOK VALUE
At 28 February 2023 103,701
At 28 February 2022 103,701

5. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST
At 1 March 2022 91,259 - 91,259
Additions - 1,200 1,200
At 28 February 2023 91,259 1,200 92,459
DEPRECIATION
At 1 March 2022 45,503 - 45,503
Charge for year 9,125 240 9,365
At 28 February 2023 54,628 240 54,868
NET BOOK VALUE
At 28 February 2023 36,631 960 37,591
At 28 February 2022 45,756 - 45,756

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,016 12,816
Other debtors 1,637 1,117
15,653 13,933

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,064 2,579
Taxation and social security 1,758 106
Other creditors 7,018 2,742
11,840 5,427

The Thatched Owners Group Limited

Report of the Accountants to the Director of
The Thatched Owners Group Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Premier Accountancy
The Straw Barn
Upton End Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF


3 November 2023