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REGISTERED NUMBER: 02527560 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Thomson and French Ltd

Thomson and French Ltd (Registered number: 02527560)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Thomson and French Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: B Percival
M R Percival





SECRETARY: B Percival





REGISTERED OFFICE: 4-6 Bridge Street
Tadcaster
North Yorkshire
LS24 9AL





REGISTERED NUMBER: 02527560 (England and Wales)





ACCOUNTANT: L Green & Co
Chartered Certified Accountants
Unit 6 Jupiter Business Park
353 Bentley Road
Bentley
Doncaster
South Yorkshire
DN5 9TJ

Thomson and French Ltd (Registered number: 02527560)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 4 290,627 260,330
Cash at bank 90,424 130,477
381,051 390,807
CREDITORS
Amounts falling due within one year 5 109,258 116,948
NET CURRENT ASSETS 271,793 273,859
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,793

273,859

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 270,793 272,859
SHAREHOLDERS' FUNDS 271,793 273,859

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.

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 Board of Directors and authorised for issue on 19 June 2023 and were signed on its behalf by:





B Percival - Director


Thomson and French Ltd (Registered number: 02527560)

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

1. STATUTORY INFORMATION

Thomson and French 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 represents amounts invoiced for rental of properties in its portfolio, excluding value added taxation.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Investments
Investments are stated at cost less any provision required for a permanent diminution in value.

3. EMPLOYEES AND DIRECTORS

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

Thomson and French Ltd (Registered number: 02527560)

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed by group undertakings 290,627 260,330

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors (1 ) 1
Amounts owed to group undertakings - 6,292
Tax 4 -
Other creditors 3,996 3,996
Directors' current accounts 94,109 94,109
Accrued expenses 11,150 12,550
109,258 116,948

6. RELATED PARTY DISCLOSURES

As at the 31 March 2023 the company was owed the following amounts by companies under common control:

2023 2022
£    £   
Tadcaster Business Centre Limited 34,933 35,513
Bilbrough Holdings Ltd 208,334 208,334
Thomson & French Rentals Ltd 31,374 -

As at the 31 March 2023 Brian Percival Associates owed £16,483 (2022:£16,483) to Thompson & French Ltd, a business owned by a director of the company.

As at the 31 March 2023 the company owed the following amounts to companies under common control:

2023 2022
£    £   

Thomson & French Rentals Ltd - 6,292

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Bilbrough Holdings Ltd.