IRIS Accounts Production v23.2.0.158 10010655 Board of Directors 1.3.22 28.2.23 28.2.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100106552022-02-28100106552023-02-28100106552022-03-012023-02-28100106552021-02-28100106552021-03-012022-02-28100106552022-02-2810010655ns10:Originalns15:EnglandWales2022-03-012023-02-2810010655ns14:PoundSterlingns10:Original2022-03-012023-02-2810010655ns10:Originalns10:Director12022-03-012023-02-2810010655ns10:Original2022-03-012023-02-2810010655ns10:Original2023-02-2810010655ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2810010655ns10:Originalns10:SmallEntities2022-03-012023-02-2810010655ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2810010655ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2810010655ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2810010655ns10:Originalns10:FullAccounts2022-03-012023-02-2810010655ns10:Original2021-03-012022-02-2810010655ns10:Originalns10:Director22022-03-012023-02-2810010655ns10:Originalns10:RegisteredOffice2022-03-012023-02-2810010655ns10:Original2022-02-2810010655ns10:Originalns5:CurrentFinancialInstruments2023-02-2810010655ns10:Originalns5:CurrentFinancialInstruments2022-02-2810010655ns10:Originalns5:Non-currentFinancialInstruments2023-02-2810010655ns10:Originalns5:Non-currentFinancialInstruments2022-02-2810010655ns5:ShareCapitalns10:Original2023-02-2810010655ns5:ShareCapitalns10:Original2022-02-2810010655ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2810010655ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2810010655ns10:Originalns5:CostValuation2022-02-2810010655ns5:Securedns10:Original2023-02-2810010655ns5:Securedns10:Original2022-02-28
REGISTERED NUMBER: 10010655 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Thistlethwaite Limited

Thistlethwaite Limited (Registered number: 10010655)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thistlethwaite Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: L J Thistlethwaite
A Thistlethwaite





REGISTERED OFFICE: Lowther House
34 Lowther Street
Kendal
Cumbria
LA9 4DX





REGISTERED NUMBER: 10010655 (England and Wales)





ACCOUNTANTS: Stables Thompson & Briscoe Ltd
Chartered Accountants & Business Advisors
Lowther House
Lowther Street
Kendal
LA9 4DX

Thistlethwaite Limited (Registered number: 10010655)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 543,500 543,500

CURRENT ASSETS
Cash at bank 75 1,852

CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

5

268,553

260,069
NET CURRENT LIABILITIES (268,478 ) (258,217 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,022

285,283

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE YEAR

6

263,297

278,242
NET ASSETS 11,725 7,041

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 11,713 7,029
11,725 7,041

Thistlethwaite Limited (Registered number: 10010655)

Balance Sheet - continued
28 February 2023


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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by:





A Thistlethwaite - Director


Thistlethwaite Limited (Registered number: 10010655)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Thistlethwaite 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.

The financial statements have been prepared on a going concern basis. The main creditor apart from the mortgage is a loan by the directors amounting to £235,230 which is a long term investment and will not be withdrawn by the directors unless there are funds to do so.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2022
and 28 February 2023 543,500
NET BOOK VALUE
At 28 February 2023 543,500
At 28 February 2022 543,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 28,719 21,965
Taxation and social security 1,099 2,258
Other creditors 238,735 235,846
268,553 260,069

Thistlethwaite Limited (Registered number: 10010655)

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

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 263,297 278,242

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 148,423 190,382

7. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Bank loans 292,016 300,207

The bank loan is secured on the relevant property and is to be paid over 25 years from July 2016 with interest charged at the commercial base rate less 0.74% (currently 4.50%).